News, Rumors and Opinions tuesday PM 5-2-2023
KTFA:
Clare: YESTERDAY SUDANI PUT HIS FOOT DOWN AND TOLD THEM NO MORE BUDGET DISCUSSIONS AFTER 5/10! IMO
Parliamentary Finance: It is not possible to set an exact timeline for approving the budget
Baghdad
A member of the Parliamentary Finance Committee, Youssef Al-Kalabi, said, on Tuesday, that it is not possible to set an exact time date for approving the budget law.
Al-Kalabi added, "The committee is working as hard as possible, and the budget is huge and contains many financial details," according to "Al Furat News."
And he continued, "The meetings of the Finance Committee continue until late at night, and what you are doing is tremendous efforts." LINK
Clare: US official: We will encourage members of Congress to visit Iraq and see the great improvement in it
5/02/2023
The US Assistant Secretary of State for Middle East Affairs, Barbara Leaf, praised, on Tuesday, the significant improvement in terms of security in the provinces of Iraq.
This came during the reception of the President of the Republic, Abdul Latif Jamal Rashid, to Liv and her accompanying delegation, according to a statement issued by the presidency.
The statement stated that during the meeting, they reviewed the existing friendship and cooperation relations between the two countries, where the President of the Republic stressed the importance of strengthening bilateral relations in a way that serves mutual interests and enhances stability in the region.
The Iraqi president pointed out that the people of Mosul celebrated the spring festival yesterday spontaneously and happily, as they had not celebrated this occasion for years, pointing out that the situation in Iraq has developed positively and tangibly.
He added that the government has drawn up an ambitious program to consolidate security in the country, provide the necessary services to citizens, rehabilitate urban infrastructure and combat corruption.
For her part, Barbara Leaf affirmed the United States' support for the security and stability of Iraq and the prosperity of its people, and the aspiration to strengthen constructive cooperation relations in a way that serves common interests.
She indicated that she visited the city of Basra in 2010 and today she sees a fundamental difference in security and stability, and improvement in the private sector, indicating that there is safety and freedom for people to move and navigate in the streets.
She added that this positive image we are working to transfer abroad, and we will encourage members of Congress to visit Iraq and see the great improvement witnessed by the Iraqi provinces and cities. LINK
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Courtesy of Dinar Guru
Mnt Goat Article: "SUDANESE ADVISOR: THE OFFICIAL AND PARALLEL EXCHANGE RATES MATCH DEPENDS ON THIS MATTER" I believe this is part of the process to the RV and reinstatement. My CBI contact has told me a couple times now that they must get the rate within the range necessary. The official rate and parallel market rates must match with only a small variance allowed and I quote – “If the difference between them is 2%, then it is considered a match.”
Frank26 [Iraq boots-on-the-ground report] FIREFLY: They said the CBI tomorrow launches a new campaign... making more services available to citizens like electronic payments, new bank accounts, open loans, new cards etc...all things to reduce cash...The governor announced all payments of salaries to foreign workers inside of Iraq will be done in dinars, plus all taxes and insurances must be paid in from now on in dinars. FRANK: The national currency is about to come out and the new exchange rate. All of these things have to be set up now. You can't introduce a new exchange rate and new currency [without these things being done first] ...this is the definition of your monetary reform education...
UNSOUND: The Banking System Is MUCH WORSE OFF Than We Think...
Greg Mannarino: 5-2-2023
Big Money Rushing Gold As Banks Continue To Fail | Robert Kientz
Liberty and Finance: 5-2-2023
First Republic Bank was largely taken over by JPMorgan, while the FDIC is going to suffer an estimated $13 billion in losses.
Over the last two months, bank deposits in the US have shrunk nearly $500 billion. If we continue to see bank failures, gold is going to go up, forecasts Robert Kientz, founder of GoldSilverPros.
He says many wealthy individuals are moving their money out of banks and into precious metals.