News, Rumors and Opinions Wednesday Morning 3-11-2020
TNT:
Tishwash: Source: America informs Abdul Mahdi not to object to staying in his position
A political source familiar with the matter said on Wednesday that the United States of America has no objection to the resignation of the resigned Prime Minister.
The source said to Shafak News, that the American ambassador in Baghdad, Matthew Tooler, informs Adel Abdul Mahdi, that the United States of America does not object to his continuation in his post.
A source in the Al-Fateh Alliance headed by Hadi Al-Amri revealed earlier today that an agreement between Shiite leaders to keep the resigned Prime Minister Adel Abdul-Mahdi in office until the early legislative elections in the country.
A source in the alliance told “Shafaq News”, that “the head of the Alliance of Fath Hadi al-Amiri and the head of the wisdom stream Ammar al-Hakim held a meeting with the head of the State of Law coalition, Nuri al-Maliki to discuss the formation of the new Iraqi government, after Muhammad Tawfiq Allawi apologized for its formation.”
The source added, “The meeting reached an agreement in principle to keep the caretaker Prime Minister Adel Abdul Mahdi pending early elections at the end of this year.”
The Prime Minister-designate Muhammad Tawfiq Allawi announced his withdrawal from the formation of the transitional government after the parliament failed twice to hold an extraordinary session to give confidence to his government.
The President of the Republic, Barham Ahmed Salah, agreed to Allawi’s withdrawal, announcing the start of his consultations to choose an alternative candidate within a period of 15 days within the scope of his responsibilities according to the permanent Iraqi constitution.
Iraq is still without a government since the resignation of former Prime Minister Adel Abdul-Mahdi, which he submitted under pressure from the supreme authority of the Shiites represented by Ayatollah Ali al-Sistani, and after the escalation of violence against protesters. link
Courtesy of Dinar Guru
Angel1 ...There was breaking news all across the [Iraqi] news networks and what they were talking about there was going to be a Q & A interview with the PM Mahadi and the Minister of Finance. I am desperately trying to get my hands on the translation...I believe it was a good piece of what we are looking for. [Reference Frank26 3-10-2020 below] We are in an incredible position...what we were waiting for was happening on the other side of the world. I cannot stress enough - things are on red alert...what we have been seeing behind the scenes has been happening...we are starting to see the public results of private meetings and that is why we're excited...
Frank26 ...the next thing IMO that we should be seeing is the CBI governor Allaq and representations, the Prime Minister Mahadi right now under the caretaker government as a whole and the minister of Finance...those three entities to do a Q & A broadcast presentation speech to the country of Iraq in strong support of the redenomination process of the Iraqi dinar. IMO we're at a good stage for lift off...
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KTFA:
7-FA: I've Learned
I've learned...
That life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
That we should be glad God doesn't give us everything we ask for.
That money doesn't buy class.
That it's those small daily happenings that make life so spectacular.
That under everyone's hard shell is someone who wants to be appreciated and loved.
That to ignore the facts does not change the facts.
That when you plan to get even with someone, you are only letting that person continue to hurt you.
That love, not time, heals all wounds.
That the easiest way for me to grow as a person is to surround myself with people smarter than I am.
That everyone you meet deserves to be greeted with a smile.
That no one is perfect until you fall in love with them.
That life is tough, but I'm tougher.
That opportunities are never lost; someone will take the ones you miss.
That when you harbor bitterness, happiness will dock elsewhere.
That I wish I could have told those I cared about that I love them one more time before they passed away.
That one should keep his words both soft and tender because tomorrow he may have to eat them.
That a smile is an inexpensive way to improve your looks.
That I can't choose how I feel, but I can choose what I do about it.
That everyone wants to live on top of the mountain, but all the happiness and growth occurs while you're climbing it.
That the less time I have to work, the more things I get done.
Washington Shut Down Looms, State Prepares $ For Mass Job Losses, Wall Street Banks Hit! Boston, DC!
Silver Report Uncut: Mar 11, 2020
This is insane! The problems are mounting in several states as Washington state is actively preparing to shut down the state.
They have begun preparing extra money for unemployment in the event restrictions cause job losses. The same could be said for NYC as several major wall street banks have had employees who have become sick.
It seems many have begun to take steps to get as many employees working from home as possible.
Barclays Bank in NYC, Morgan Stanley, Point72 all had affected employees all located in Manhattan.
There was also the Empire city casino Yonkers Raceway which had an employee that was affected as well. Massachusetts has struggled with the biogen conference nightmare on their hands which could lead to a serious economic decline for the City of Boston.
All of these cities are so close and so interconnected. The stock market just enjoyed a temporary relief rally Monday but make no mistake the reality is so much worse than many understand.
The headlines in the coming days will continue to shock the dow jones in a way that we have never seen before.
A recent study showed that there are only 4 Shale companies in the US that could continue to operate with $31 oil.
This is probably the worst problem or economy faces right now because many of these companies have had special lending based on an assumption that one day prices would rise again to previous levels.
The opposite has happened as the energy sector continues the relentless slide.