News, Rumors and Opinions Tuesday Morning 4-7-2020
TNT:
Tishwash: Governmental advisor: low oil prices will change the structure of the Iraqi budget
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, denied the posting of the general budget bill for the year 2020 to next year, but stressed that a drop in oil prices would change its structure.
Saleh Shafiq News said, "The news that talks about the transfer of the draft budget for the year 2020 to the next year is incorrect, because the budget is still present with the government and will not leave or disappear like the 2014 budget."
He added that "the price per barrel was estimated in the budget at 56 dollars, but after the decrease in oil prices, it will be restructured, given that its dependence on 90% of oil imports."
Saleh said, "The general budget will secure the salaries of state employees and the importance of projects. Either other matters will go into the 2021 budget." link
Tishwash: US State Department: We are watching Iran's moves in Iraq despite the Corona crisis
The US State Department said on Tuesday (April 7, 2020) that it is monitoring what it called ."Iran's actions in Iraq" despite the crisis of the Corona virus
Regarding the recent attacks on US bases and coalition forces in Iraq, Trump said that our" engagement in the conditions resulting from the fight against the Corona virus does not mean that we are ignoring the situation in the region," State Department spokesperson .Morgan Ortagos said in a press statement
She added: "We are watching Iran's actions in Iraq and we are not unaware of our forces there. The safety of American soldiers in Iraq is very important for President Trump and ".Foreign Minister Pompeo
Ortagos continued: "Trump has warned that the militias that support Iran in Iraq are responsible, Iran cannot say that we did not do that but the militias that carried out the attacks, we consider Iran to be responsible, and it is better for the Iranian regime to .demonstrate a normal behavior by placing His people are his priorities, "she said
The spokeswoman stressed that "Washington is still committed to what I previously presented with a proposal to provide aid to Iran, and we remain committed to our proposal to provide support to the Iranian people and help combat the Corona virus, without any ".compensation
She added: "We know that at least 17 Iranian officials have died, due to the Corona virus, and this proves that the Iranian regime does not have the ability to confront the Corona ".virus
Ortagos stated: "These days are difficult for all of us, so it is time for us to put political differences aside and help each other as human beings. The American government wants to help the Iranian people and has no other program, and we expect the Iranian regime to help ".its people rather than hostile to the United States Regarding the imposition of sanctions on medical materials,
Ortagos said: "The Iranian regime knows very well that US sanctions have never prevented humanitarian aid and medical supplies. For example, documents show that the Iranian regime has imported test kits since January, so the United States She always excluded humanitarian and medical aid, and did not subject her to sanctions, and therefore the Iranian regime should better manage .this crisis rather than blame the United States link
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Courtesy of Dinar Guru https://www.dinarguru.com/
Footforward ...I'm wanting to encourage people not to give up. It's my opinion the RV is close. It's my opinion the finish line is not far away. Finish well. That's the point I'm trying to make.
Frank26 ...IMO the introduction of the new small category notes will be with a fixed rate - regardless if it's pegged to a basket with another currency or regardless if it's pegged to the American dollar...I see 1 to 1 in the country. But then when the dinar is established enough internally and has permeated the banking structure and the markets of the world...then you're going to see confidence being built in the Iraqi dinar...then you're going to see stability for the Iraqi dinar internationally...
Jeff ...yesterday Monday they did not have a currency auction. Today looks just like Sunday. Today they're showing us they had a currency auction but again just like Sunday the total cash sale is zero. They haven't sold anything this whole week. BOOM! We're looking good. We're right on to see a blessing this weekend...the ISX stock exchange..say the last update was March 16 so again they have not had any actual stock trading since March 16th and so far they technically have not sold anything at the auctions really since 3-16 either...looking good. I'm excited.
China Reports No New Deaths From Coronavirus
Bloomberg Markets and Finance : Apr 6, 2020
Apr.07 -- China has reported no new deaths from coronavirus for the first time since the pandemic began.
That adds to signs that the crisis could be easing in certain areas with Italy, France, Spain and Germany reporting lower numbers of new cases while deaths in New York have shown indications of reaching a plateau.
Bloomberg’s Rishaad Salamat reports on “Bloomberg Markets: Asia.”