News, Rumors and Opinions Tuesday Morning 7-7-2020
TNT:
Tishwash: The central bank signs a memorandum of cooperation with the Securities Commission
The Central Bank of Iraq signed this morning, Tuesday, a memorandum of cooperation with the Securities Commission.
The bank said in a statement received by "Baghdad Times", that "the memo included the possibility of exchanging the information available and available with the Central Bank and the Securities Commission, in addition to coordination in the field of legislation and regulatory and regulatory standards for bodies subject to the control of both parties. link
Cutebwoy: Parliamentary finance reveals the amount the state spends every month on double salaries and space
July 7, 2020
Economy News _ Baghdad
The Parliamentary Finance Committee affirmed, on Tuesday, that space and double-salaries cost the state up to two billion dollars a month.
Member of the Parliamentary Finance Committee Jamal Kujer said, in a statement to government media, that “the government faces great challenges if it wants to start with its reform steps, as it started with double salaries, and it must start controlling the border outlets and confine arms to the state, and these are important matters to attract investments.” Noting that “aliens and dual-salaries cost the state about two billion dollars a month, forcing it to secure 5.5 billion dollars a month for salaries only.”
He added, “Parliament has set 60 days for the government to present its reforms in which it needs the support of parliament, and the only obstacle that can hinder its steps is the presence of people and parties who do not want the government to proceed with reforms, so it must request the support of Parliament in its reform steps, which are The best opportunity to prove to the people and the authority that it came to the reforms. ”
He continued, “The Prime Minister started with double salaries and aliens, and now he will proceed with the reform of the ports file, which has begun to take shape, and we hope that this file will be completed because it is essential.
And the expulsion of aliens and the unification of salaries with one salary, will reduce about 2 billion dollars per month, and the government will have to secure 3 and a half billion dollars in salaries. ”
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MOT: The Charlie Daniels Band - The Devil Went Down to Georgia ...................
RIP Charlie Daniels
Courtesy of Dinar Guru
Pimpy ...those currencies that are undervalued like the Iraqi dinar you will see them go up in value. I think you are going to see a 1 for 1 exchange with your country's currency. Since I live here in the Untied States I will be able to exchange one dinar for one U.S. Dollar. I have a feeling that's the direction we're going into. The same with the Vietnam dong. Both those currencies are undervalued. Since they're undervalued they will increase in order to meet the 1 for 1...they will be on a level playing field.
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Mike Maloney
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Keiser Report | The Long History of Karen | E1563
Jul 7, 2020
In this episode of Keiser Report, Max and Stacy discuss the ‘conspiracy theory’ that capital markets are no longer free because the U.S. Federal Reserve Bank and other central banks control everything now being pushed by billionaire hedge fund manager Ray Dalio on mainstream financial news.
In the second half, Max talks to Tariq Nasheed about the long history of Karen and the case for reparations.