News, Rumors and Opinions Tuesday 6-2-2026

KTFA:

Tishwash:  Al-Zarkoushi: An extraordinary parliamentary session may be held within ten days to complete the cabinet formation.

6/1/2026   Information/Baghdad..

Member of the Coordination Framework, Abdul Samad Al-Zarkoushi, confirmed on Monday that setting a date for an extraordinary session of the House of Representatives to complete the remaining ministerial portfolios in Ali Al-Zidi's government may be decided within the next ten days.

Al-Zarkoushi told Al-Maalouma that “the forces of the Coordination Framework, with all their titles, realize the importance of completing the cabinet, and there is an agreement in this direction so that the government can take its course on important issues.”

He added that “a series of meetings will be held in the coming days, both within the coordination framework and with other political forces, which may lead to an extraordinary session of the House of Representatives within ten days to vote on the remaining ministerial portfolios.”

He indicated that “putting forward more than one candidate for each portfolio is possible, but the upcoming political understandings will determine the outcome,” explaining that “the question of whether or not the same names presented in the previous session will be resubmitted for the undecided portfolios will become clear in the next few days.”  LINK

Clare:  Between hopes and stability... the 2026 budget opens a new window for contractors in Iraq

6/1/2026  Baghdad 

Economic experts believe that the anticipated measures in the 2026 budget to address the situation of contractors and daily wage workers represent an important step towards enhancing job stability, but they alone do not amount to a comprehensive reform of the labor market unless they are accompanied by long-term strategic plans.

Here, economist Ahmed Al-Tamimi confirms that the regularization of a segment of contractors and daily wage workers reflects a governmental response to continuous demands related to job security and achieving greater fairness in job opportunities, indicating that this step represents a gradual treatment of a file that has accumulated over years of reliance on temporary contracts, rather than a radical shift in the philosophy of government employment.

Al-Tamimi explained in a statement to Baghdad Today on Sunday (May 31, 2026) that the government's ability to implement large-scale stabilization operations remains directly linked to oil revenues, given the continued reliance of the general budget on oil revenues as its primary source of income. He warned that any decline or sharp fluctuations in global oil prices could place additional pressure on operational spending, particularly salaries and allowances, necessitating the diversification of income sources and the strengthening of non-oil revenues to ensure the sustainability of future financial obligations.

He pointed out that regularizing the status of contractors would positively impact the performance of government institutions by enhancing administrative stability and reducing job uncertainty, which would contribute to raising productivity levels and institutional belonging, as well as preserving accumulated expertise and competencies within state departments.

He added that these measures may also contribute to reducing the phenomenon of job attrition, especially among talents who move towards the private sector or job opportunities abroad in search of stability, stressing that the success of this policy requires, in parallel, the development of the work environment, incentive systems, promotions and training.

Al-Tamimi emphasized that transforming the regularization process from a temporary solution to a sustainable policy necessitates linking employment to the actual needs of government institutions and achieving a balance between social considerations and the requirements of financial efficiency. This will preserve the state's ability to finance investment and development projects without burdening the budget with operational expenses.

The issue of contract and daily wage workers is one of the most prominent social and administrative issues in Iraq, as tens of thousands of them have been demanding permanent employment for years to guarantee their job security and living standards.
With the 2026 budget nearing completion, expectations are rising regarding the size of the financial allocations and the government measures designated to address this issue, amidst economic challenges related to fluctuating oil prices and rising state operating expenses.  LINK

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   Everybody wants this to happen now.  Are you kidding me?  In less than 2 months look what Trump has done.  He's brought security and stability into your country [Iraq] so that you can raise the value of your currency and give your citizens purchasing power and enter the international world and pay us back.  And guess what?  It's happening...!

Jeff  Tackling corruption is the number one thing they need to go international, revalue and so forth.  It's the number one requirement by the Central Bank of Iraq.  It's also the number one reason why the CBI hasn't revalued for the past 23 years.

Reset Intelligence There is one market price for gold...set by the market not by any governments wishes. The one place that price is not honored is on America's own books, where the Treasury still records the nation's gold at a number fixed back in 1970s, a small fraction of what the metal actually fetches today.  That gap between the pretend price on the ledger and the real price in the market was left there on purpose.  The president reached for it, asking that the gold in the vaults finally be counted.  Because before a government can put a new price on something it first has to prove how much of it there is.  When that number is corrected... more than a trillion dollars appears on the national balance sheet overnight ...This is what a revaluation is.  [Post 1 of 2...stay tuned]

Reset Intelligence   The same logic runs through Baghdad...except there, the problem was never an honest price hidden on a ledger, but a currency deliberately held below its worth, kept down for years by a political class Washington did not trust to lift it.  This week the president tried again to place his own envoy over Iraq.  The cabinet that will finally raise the dinar began to take shape which is why the gold and the dinar belong together.  One government correcting the price of its metal while the other corrects the price of its money.  A single hand guiding both inside one week.   [Post 2 of 2]

SILVER ALERT! Silver Traders Leaving COMEX Exchange! Silver Supply & Demand Data Lies!

(Bix Weir)   6-2-2026

We are seeing the Death of a means of Transacting in and Controlling the Price of Silver. More and more traders are leaving the COMEX Silver Exchange knowing that the GAME IS RIGGED!

The Bullion Banks have overplayed their Silver Rigging Cards and are now STUCK without the normal flock of Suckers to unload short positions to!

This is the Death of a Century Long Silver Rig Job!

https://www.youtube.com/watch?v=1yxlEt0lA0s


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Iraq Economic News and Points To Ponder Late Monday Evening 6-1-26