More News, Rumors and Opinions Tuesday Evening 7-4-2023
KTFA
Paulette: IMO..... it looks like the weekend of 7/14-7/16 will be a Holiday weekend with the New Year on 7/18. Shabs said ".....after Eid, before the New Year....." Perhaps the next target since they missed 7/1....
DoTalkToMe: Does anyone recall what happened on January 23, 2023? The governor of Iraq's CBI was fired. The excuse we were given was that he was not moving fast enough.Seriously, that's what we were told. He must have been a fall guy for something else. That was a half a year ago. Surely he could not have been fired for acting to slowly. If that was the standard. Everyone in iraqs government has surpassed that standard. Without exception Kuwait was able to do it with pencils and crayons.
DoTalkToMe Cont……Please tell me again how governments care about there people... For whatever reason that message is just not getting through. I think there is more afoot than were being told! I mean it in a negative context on a global scale. I am not referring to the dinky country of Iraq
Suzie: Just my own opinion, but it's hard to understand how we can go from all the hoopla of WTO, countries pouring in to do business, contracts being signed, budget done and agreed on, AND signed by the President, entered into the Gazette as law, and I'm leaving out other things I'm sure, and fairly well assured after EID monetary change would come QUICKLY, and now they have "issues" of articles in the budget they, or someone, doesn't like and here we go again! I know I don't have any answers but one thing's for sure to me is this just all sounds "fishy" to me how this is going, well, again just MY opinion and all I know is here come the "excuses" of "why"....... HAPPY 4th all!!
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Clare: Al-Nusairi: Iraq's accession to the World Trade Organization contributes to the development of the financial and banking system
7/04/2023 Baghdad
Samir Al-Nusairi, advisor to the Association of Iraqi Private Banks, confirmed during his participation in the workshop on the strategy of joining the World Trade Organization, which was set up by the Association in partnership and cooperation with the Ministry of Trade and trade unions, federations and private sector organizations.
Al-Nusairi said that one of the most important returns and benefits achieved by the financial and banking system in Iraq from Iraq's accession as a full member of the World Trade Organization is regularity in the global financial system in accordance with the criteria for liberalizing financial services, entering the circle of financial globalization and exchanging experiences with member states in the field of electronic technologies. Modern banking, financing and development of micro, small and medium enterprises.
Al-Nusairi referred to the new transitional phase for the banking sector, in accordance with the government's approach. In particular, paragraph 7 of Article 12, which emphasizes the empowerment, development and reform of banks in order to contribute to investment and development in accordance with the plans and adoptions of the Central Bank,
Which it works to include in its next strategy, which adopts a national strategy for lending, the establishment of a Riyada Bank for social development, support for young entrepreneurs and low-income segments, the establishment of a financial and business center and the establishment of Loan guarantee company, control of the safety of foreign trade, access to foreign transfers in foreign currency to the real beneficiary, and compliance with the standards of the global financial system. LINK
Eaburns: Clare Clare Clare Have i missed something here, did they just say they are a full member of the WTO .
Clare: IMO YES...THAT'S WHAT HE MEANS! "from Iraq's accession as a full member"
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Courtesy of Dinar Guru
Frank26 The budget is not officially open to the world just yet...Sudani is working on the inners, is working on the exchange rate...the program rate is not enough gas in the tank to get the $63 trillion worth of projects done. Absolutely not. There's just no way possible.
Militia Man The budget is an investment budget and they have not exposed it yet. They've voted on it on the 12th last month, 21st went into the gazette and they still have not opened it...Vital project of getting their money and disbursements is what we're waiting for. What we're hoping and expecting to see is a change in the exchange rate will be applied to their budget which we believe there's a clause in the budget that allows for adjustments to the budget whenever necessary...
Investors Gaining Independence w/ Physical Silver | Andy Schectman
Liberty and Finance:
While the U.S. is celebrating Independence Day, there's another sort of independence many wealthy investors have been quietly striving for.
Andy Schectman, CEO & president of Miles Franklin points out there have been massive deliveries of precious metals off the COMEX and LBMA exchanges.
He says the most sophisticated investors are leaving the system now by taking delivery of metals.
INTERVIEW TIMELINE:
0:00 Intro
2:19 "Independent" assets
19:40 Dedollarization