News, Rumors and Opinions Sunday AM 4-23-2023
KTFA:
Henig: Al-Sudani exchanges congratulations with a number of Arab kings and heads of state on the occasion of Eid Al-Fitr
Baghdad / Nina / Prime Minister Mohammed Shia Al-Sudani exchanged congratulations with a number of Arab kings and heads of state on the occasion of Eid Al-Fitr.
Al-Sudani exchanged congratulations with King Abdullah II bin Al Hussein of Jordan, President of the Arab Republic of Egypt Abdel Fattah Al-Sisi, President of the United Arab Emirates Sheikh Mohammed bin Zayed Al Nahyan, Emir of the State of Qatar Sheikh Tamim bin Hamad Al Thani, and President of the Syrian Arab Republic Bashar Al-Assad.
The Prime Minister prayed during the contacts with his brothers, Arab leaders, to God Almighty, to protect the brotherly peoples, to bless them with security and prosperity, and to return the Eid to them while they are enjoying good and stability. LINK
Henig: Sudanese asks House of Representatives to dismiss 4 governors after Eid
2023-04-22 09:16
An informed government source said on Saturday that Prime Minister Mohamed Shia al-Sudani sent a letter to the House of Representatives to dismiss four governors after the end of the Eid al-Fitr holiday.
The source told Shafaq News Agency, "The Sudanese sent a letter to the House of Representatives requesting the dismissal of the governor of Nineveh Najm al-Jubouri, the governor of Anbar Ali Farhan al-Dulaimi, the governor of Dhi Qar Muhammad Hadi al-Ghazi, and the governor of Babylon Wissam Aslan al-Jubouri," without giving further details.
It is noteworthy that Prime Minister Mohamed Shia al-Sudani has previously prepared a poll on the performance of governors and sent it to the House of Representatives, in which deputies from each governorate evaluate the governor's performance and the extent of his competence or not. LINK
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Courtesy of Dinar Guru
Frank26 I was hoping we'd see the new small category notes this week along with the coins and the new exchange rate but it looks like it's the budget first. Don't be surprised if the budget contains internal surprises.
Militia Man ...Government agencies, the GOI, the CBI, their delegation - they're all talking to us about exchange rate change, forewarning...to hold onto [the dinars] because they're going to be more strong against the dollar. They go from, 'the dinar is the strongest.', [to] 'The Iraqi dinar will rise against the US dollar in a few weeks.' ... And then he says 'soon.' And then the other day on the 18th he says, 'now.' We can take all that information to let us believe that change is coming. It's before us...what we're seeing now is phenomenal.
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This $300 Trillion Time Bomb Is Why Inflation Will Never End
Sean Foo: 4-23-2023
The world is drowning in debt, in fact, the amount is over $300 trillion and this threatens to implode the global financial system.
While the consequence of a US default is enormous, the emerging markets debt pile is far more severe.
This will inevitably cause the Federal Reserve to print money to prevent a deflationary spiral. Here's what you must know about why inflation is forever!
Timestamps & Chapters:
0:00 The $300 Trillion Bomb
2:07 This Is The Real Risk
4:30 The US Can't Afford To Default
7:35 Global Money Printing
11:02 The Fed Will Pivot
12:57 Inflation Will Be Forever
Why America's Enemies Can't Dump the Dollar (yet)
Heresy Financial: 4-22-2023
Global de-dollarization is the world right now going through this process of dumping the dollar or not?
You would think this would be a straightforward question to be able to answer. Yet at the exact same time, we can find data that contradicts all of this with the share of dollars in international transactions unchanged since the eighties, and the dollar index unchanged since the seventies.
Both the percentage and the number of dollars in foreign holdings both grew over time. So, is the world dollar rising or not?
Timecodes
0:00 Is De dollarization Really Happening
1:12 International Trade vs. Reserve Currency
4:42 The Dollar as an International Trade Currency
5:28 The Dollar as a Reserve Currency
5:51 Erosion of the Dollar as a Reserve Currency
7:38 Why hasn't the Dollar Been Dumped?
9:04 The Importance of the Dollar in Global Trade and Finance