News, Rumors and Opinions Thursday Night 8-25-2022
TNT:
Tishwash: Al-Kazemi’s advisor: The emergency support law has entered into force
The Financial Adviser to the Prime Minister, Mazhar Muhammad Salih, confirmed, 08/25/2022, the entry into force of the Emergency Support Law for Food Security and Development.
Saleh told Al-Masala that the Emergency Support Law for Food Security and Development No. 2 of 2022 has now entered into force, especially after the financial instructions accompanying the same law were issued.
He added that work will continue to apply the law until the completion of the distribution of its allocations to the exchange sections stipulated by the law and which are detailed by the financial instructions.
He pointed out that the central control bodies referred to in Article 14 of the Emergency Food Security Law are in charge of exercising their supervisory and legal functions in the best way, in addition to the central role in implementation and follow-up undertaken by the Ministries of Finance and Planning to ensure the accuracy of the law's application. link
CandyKisses: Basem Khashan: The Central Bank is selling Iraq
The independent deputy, Basem Khashan, revealed, on Thursday, that he will announce the files and papers that prove the central bank’s involvement in many corruption cases related to the currency sale auction.
Khashan said in an interview with "The Information", that "the next few days we will announce papers and documents that prove the Central Bank's violation of all legal and financial matters in the presence of the Office of Financial Supervision," adding that "the Central Bank is not selling currency now, but is working to sell Iraq."
He added, "The documents and files will reveal the local authorities that are working to smuggle currency out of Iraq," noting that "these operations drain hard currency and destroy the entire Iraqi economy."
The economic expert, Abdul Rahman al-Mashhadani, said in a previous interview with “Information” that “the Central Bank of Iraq selling huge numbers of dollars per day is very suspicious compared to the volume of Iraqi imports,” stressing that “the only beneficiary from selling such numbers amounted to 300 million dollars.” Daily it is the private banks that benefit 20 cents from the dollar and one."
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Courtesy of Dinar Guru
Fleming Iraq has a date and a rate according to contacts...watch for the announcement of the new Iraqi Parliament which is now in formation in the background ready to go... Within a few days of selecting a new Parliament there will be new global forex rate for the IQD announced. Iraq has the new Parliament ready now so it won't be much longer. Once that new Parliament comes it will be within a few days that they announce the new rate...it's very close.
Frank26 Article: "After scandals escalated, the Central Bank topples a company that mediated in the currency auction" You are seeing Mustafa has control over the monetary reform...WE TOLD YOU THEY HAD UNTIL THE END OF JULY, THEN WE TOLD YOU THEY WOULD GIVE THEM 30 DAYS IN AUGUST, BUT IT LOOKS LIKE THEY ARE GIVING THEM 50 DAYS... Quote: "About $2.5 billion during a period of 50 days preceding the date of the exchange rate change". We told you there was a date in Titanium!
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KTFA:
Legal expert: Recent events open the door to international intervention in Iraqi affairs LINK
Sir: IMO-This happened in early February when parliament dissolved itself by not electing the presidents and the Prime Minister. They violated their constitutional law and were no longer a part of the government.
This puts Kazemi in full control of the government and its duties according to the constitution. With the corruption in so many areas of the government and private sectors, Kazemi and his team are doing a remarkable job of bringing the corrupt to justice.
As far as the UN , “forget it” they tend to bring trouble with them every time they get involved. The UN’s house needs cleaning before it can even be credible or even relevant in today’s world. When Kazemi needs help, he has the people of Iraq and they are ready and willing to be of service to Iraq.
SO IT BEGINS! The 10 Year Yield NOSEDIVES As The Fed Steps Up Buying. Stocks Gain...
Greg Mannarino: 8-25-2022