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Showing content with the highest reputation on 03/28/2020 in all areas

  1. JoeB, I've explained to you before "why" I post some of these supposed gurus. If you are so dense as not to comprehend what was previously stated to you, and others, then I would ask you to recheck your IQ rather than question mine. By the way, mine is 149...! As I said to you before, please don't read what I post, if it is so offensive to you. I am no pumper, but I do hold a significant amount of IQD. Also, I do not post anything that would tend to encourage anyone to run out and buy more IQD. As for my posting Adam's opinions that others copy - you might be surprised how many members don't read the chat logs. Many people are looking just to find out what others are saying out there (opinions)....period. I do not need to justify myself to you, but I'm giving you the courtesy of a limited answer to your impolite diatribe. You have even ridiculed other DV members for choosing to read them, or who show their displeasure in your rant - very inappropriate. Have a good life, I hope you get one soon. RON
    14 points
  2. From Twitter, linked by Q to this tweet: RIP Federal Reserve!!! This is Huge!!!! "This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump."
    13 points
  3. Trump controls fed, treasury and all central banks...Rothschild no more. Die!
    10 points
  4. I don't trust everything this guy says by any means, but he at least seems to think for himself and I think he makes sense a good percentage of the time. Sure's he's been wrong a couple of times when he's called the RV, but heck, who hasn't, so I don't hold that against him. If he's right that the two brokerage firms were notified that the ISX won't open until April 12th, then this just might be RV. I don't think the part of tying it in with Trump's trying to open up the US economy on Easter is true, but that certainly does not mean that Easter is not Iraq's target date. After all, we know Iraq needs to do it and they've halted their auctions and closed their stock exchange for a while now. I sure hope that's because Iraq is getting their financial system set up so that they can finally pull the trigger on Easter. Come on Iraq..... GOOOOOO RV!!! 3-27-2020 Newshound Guru Jeff ...this is a brokerage firm [Al Karmal]... they're affiliated with the ISX stock trading. They received a correspondent from the main government of Iraq...Quote "The trading session will be held on 12th April 2020 as the ISX announcement today"...the bottom sentence says the trading session will be held on April 12th...There's another securities company that said the same thing. It's an official announcement from another securities company - Rabee Securities...Quote "...the next trading session will resume on April 12th"...this is two official email releases. Two stock traders...one brokerage. One securities...that's huge. Remember the U.S. did not stop trading stocks within the U.S. Not one other country has stopped electronic trading due to coronavirus yet Iraq has...Iraq's economy to reopen exactly on the same time frame that Donald Trump has. Trump has Iraq's economy timed with our economy...I have now confirmed to you with solid factual proof that all of the [Iraq's] financial markets are going to be closed for a period of 4 weeks...the longest I've ever seen their ISX shut down in 11 years is no more than a week...this is huge confirming news...
    9 points
  5. “The government cannot spend any amount against the Corona virus due to the end of the fiscal year” This means new fiscal year starts April 01. As we know, the perfect time to increase the dinar exchange rate is a the beginning of a new fiscal year. (April 01/2020) Go CBI Go New fiscal year Go RV Thanks for the post DT 🤡👍🏼
    9 points
  6. 3-27-2020 Newshound Guru Jeff ...this is a brokerage firm [Al Karmal]... they're affiliated with the ISX stock trading. They received a correspondent from the main government of Iraq...Quote: "The trading session will be held on 12th April 2020 as the ISX announcement today"...the bottom sentence says the trading session will be held on April 12th...There's another securities company that said the same thing. It's an official announcement from another securities company - Rabee Securities...Quote: "...the next trading session will resume on April 12th"...this is two official email releases. Two stock traders...one brokerage. One securities...that's huge. Remember the U.S. did not stop trading stocks within the U.S. Not one other country has stopped electronic trading due to coronavirus yet Iraq has...Iraq's economy to reopen exactly on the same time frame that Donald Trump has. Trump has Iraq's economy timed with our economy...I have now confirmed to you with solid factual proof that all of the [Iraq's] financial markets are going to be closed for a period of 4 weeks...the longest I've ever seen their ISX shut down in 11 years is no more than a week...this is huge confirming news... 3-27-2020 Intel Guru Frank26 IMO I don't believe the auctions are gonna come back again with the American dollar the way they've been using them. I believe this window is a bridge that has allowed them to change exactly in the direction that they want. They're going to add value to their currency, enter the international world. Their currency will be up on FOREX and traded internationally... 3-27-2020 Newshound Guru Adam Montana Article: "Corona may revitalize the Iraqi economy .. Baghdad is on the cusp of exemptions from foreign debt payments" Another financial article...regarding Iraq's debt obligations - a few comments were made about how this could be a doorway to a GCR. While I don't subscribe to a universal "reset" happening, there are some valid portions of the theory... and the current global financial situation is edging closer and closer to something big happening, which could easily incorporate a major increase in the Dinar. All they would be doing is piggybacking on larger events, and this is a real possibility. When the world is at it's craziest, and all focus is elsewhere...suddenly..! This is taken from another site that follows Adam's opinions and posts snippets from them. Adam sometimes comments on someone's post, plus he posts a weekly chat on Wednesdays. You can find Adam's latest full chat in our DV Chat Logs Forum at: Adam Montana Weekly 25 March 2020 That's it for now ... maybe something more by Midnight..! RON
    9 points
  7. Market liquidity and all credit lines now owned by us treasury....master stroke that means all central banks now under control of trump and his treasury!
    9 points
  8. Agree, get it done, we can buy stuff on Amazon and go on a fake vacation like this guy
    9 points
  9. I knew where my dong was the whole time, just had to pull it out. Got my dong in one hand and my dinar in the other ready to go cash in.
    9 points
  10. CNN. Broadcasting A Harsh Smackdown Of The Iranian Puppets - Then Read The Next Article To Put The Strategy In Even More Focus ! Washington threatened Baghdad with harsh measures before extending its exemption from sanctions on Iran: ending the work of the Ministry of Abdul-Mahdi and waving its declaration of a rogue government March 28, 2020 Washington threatened Baghdad with harsh measures before extending its exemption from sanctions on Iran: ending the work of the Ministry of Abdul-Mahdi and waving its declaration of a rogue government Baghdad - Abdul-Latif al-Musawi Sources said that the US extension of one month to the exemption granted to Iraq from the sanctions related to dealing with Iran, which Iraq relies on importing energy, came with an American message stipulating the end of the work of his resigned government, Adel Abdul-Mahdi, and vice versa that Iraq is subject to US sanctions and strict measures. The sources told (Al-Zaman) yesterday that (the American message boils down to changing the government of the voluntary absentee, and conversely, Washington will head towards the inclusion of Iraq in the US sanctions), explaining that the American measures are (transferring the file of killing and suppressing the demonstrators to the International Criminal Court. Armed leaders and factions) adding that the other measures are to stop military support. Freezing Iraqi money in American banks and issuing a resolution from the UN Security Council considering the government as rogue). The United States last extended 30 days for the exclusion period. The United States had decided last February to allow Iraq to continue importing gas and electricity from Iran, but the period of exemption has decreased from ninety and 120 days, to 45 days, and now to only thirty days until the end of April. "This extension will be the last granted to Iraq," said an official in the office of the President of the Republic, Barham Salih. For its part, the US State Department confirmed the extension of the exemption from sanctions and made it clear that it came to "meet the immediate energy needs of Iraq", but did not specify the deadline. In turn, the US Treasury Department simultaneously announced the imposition of sanctions on Iranian economic interests in Iraq, including a committee to restore and expand Shi'a holy shrines. In a statement, Treasury Secretary Stephen Mnuchin accused Iran of "giving priority to its terrorist agents at the expense of the basic needs of its people." Washington grants exceptions to Baghdad provided that Iraq takes measures to reduce its dependence on Iran, by rehabilitating electrical installations or by finding other suppliers. (Since November, Baghdad has not met any condition, and as a result the exception should have been canceled, but Granting an American deadline comes due to the current circumstances), referring to Adnan al-Zrafi's mandate to form a new government, which Washington does not want to embarrass by not extending, according to another Iraqi official, who made it clear that (the United States does not want to put al-Zorfi in a difficult position by not renewing the exemption). In the event that the exception was not extended, Iraq would have had to stop importing gas and electricity from Tehran, or continue to deal with Tehran and face the possibility of US sanctions. The United States is also upset about the Iraqi slowdown in signing contracts with major American companies specialized in the energy sector, with the aim of accelerating the disengagement from Iran in this field. Iraq faces real challenges at various levels and on the economic side, which is threatened by an economic crisis due to low oil prices, which could lead to a loss of 65 percent of its oil revenues. LINK
    8 points
  11. 3-28-2020 Newshound Guru MilitiaMan Article: "Head of the government follow-up cell: Iraq may resort to printing currency to secure employee salaries..The crisis will begin early next month" Now we see additional data that tells us that an option is on the table to print money? More money to depreciate the value of the IQD? Lol! I think not!! They are not going to use an option like that at this stage. The FACT is Alak told us point blank they were not going to devalue the IQD...So, now what we know is that Alak is not going to devalue the currency, they have no option now but to revalue the IQD and with a powerful international rate...As they will be using valuable reserves that will effect their future ability to do things. We know they already printed the NSCNs, they most likely minted coins too. ...we see the CBI setting date limits for Salaries when it is the job of the Financial Minister, we can see that a pattern has changed.. They are in a hurry...I am liken this and big time... 3-28-2020 Intel Guru Delta ...I might be wrong but my opinion is that come April the Central Bank of Iraq is gonna make the move...remember if they are going to increase the value...they want to be sure they paid salaries before they do anything. They are moving very fast to pay those salaries...I've never seen the CBI rushing the citizens...to [give] a due date, 'You have by Tuesday to go get your money.' It never happened before...I do believe after they pay all the salaries the Central Bank of Iraq has to move forward and raise the value...they have only one month. Next month and then it's a disaster for Iraq. They have to come up ASAP... 3-28-2020 Intel Guru Frank26 ...no body knows the date or the rate...at this pace. If I didn't know any better. It sure feels like the same thing that happened in Kuwait. There was every reason for it not to happen. There was every delay and every reason for it not to go up in value and then all of a sudden - BOOM! We woke up and their money went up in value. This is very interesting. 3-28-2020 Newshound Guru Pimpy ...these people are in such an economical financial crunch they need to increase the rate. They need the increase very soon before they can't recoup. They need to do this so they can start buying the things they need to get the country kick-started and rebuilding...99% of us feel like for some reason this coronavirus is just a distraction... We're in interesting times ... hopes, opinions, choices ... what will happen..?
    8 points
  12. In a perfect world, this whole thing would be good triumphing over evil and Trump draining the swamp and arresting O, Hillarious, et all. But at this point, no one really knows. But irrespect of that, I still say Iraq is poised to RV. Iraq desperately needs to RV now to compensate for these low oil prices and now it has to battle the coronavirus. The government looks to be on steady ground now so there are a lot of reasons to think they are planning to RV soon. Heck, we've been watching all the things they accomplished during that time so we all pretty much feel they're on the verge of it. At this point, the sooner they do, the less money they lose and that's gotta be a huge motivator. The stoppage or the auctions and ISX suggested that something could be going on, and as these stoppages continue, that makes even more sense. If these two brokerages were notified the ISX will be closed for another 2 weeks after it was supposed to reopen on Tuesday, Iraq just might have left us a clue about their target date for the RV. Time will tell in two weeks. But in the meantime, at least we have a really good dose of hopium to help us wait.
    8 points
  13. This whole pandemic seems to be a global chess match between good and evil. I’m convinced Iraq is part of this great plan. US is invested in Iraq. US biz will be occupied in the money grab of trillions. When everything is said and done. DJT will be re-elected, Toilet paper will be fully stocked, disclosure/mass arrest of treason/crimes against humanity, stronger US economy, manufacturing brought back to US and just in time to help Iraq get their economy booming too. DJT said we will have so much resources, we’ll help other countries. I know all this sounds like tin-foil hat theories but how did we just pass a $2.2T that fast. If I reported to y’all back in Dec when I felt a windfall of wealth coming, you’d think I was a fool. Wait I did, I just didn’t know how it would happen.
    8 points
  14. Yes Screwball! Sec of Treasury Deputy.... Craig Phillips was just hired by Ripple. Ripple just opened a DC office 6 months ago. Brian Brooks Chief Legal Officer of Coinbase (crypto only exchange) was just hired by the Treasury and starts 4/1 All currencies will be backed by Gold and traded through the XRPL ledger for cross border remittances.... I think Dinar and all RTGS currencies will revalue and trade through the Hyperledger Distributed Ledger Technology that the Ripple Labs donated to the W3C who controls the internet. When Trump says the best is yet to come.... this is a big part of what he means. Immutable, transparent transactions on open source protocol. Gets rid of Govt waste. Levels the playing field! Going to be an interesting month coming up.
    8 points
  15. US report: The Pentagon ordered an escalation of operations in Iraq against Iran-backed 3/27 2020 16:50:37 Shafaq News / The American New York Times reported that the Pentagon has ordered the military leaders to plan an escalation of the fighting in Iraq. The newspaper reported in the report that the ministry issued directives last week to prepare a campaign to destroy an Iranian-backed militia that threatened more attacks against US forces. The report added that the Supreme Commander of the United States in Iraq warned that such a campaign could be bloody, counter-productive and threaten war with Iran. The commander, Lieutenant General Robert B. wrote. White, that the new military campaign will also require sending thousands of other US forces to Iraq and distract attention in the fight against ISIS, according to the newspaper. The report indicated that some senior officials, including Secretary of State Mike Pompeo and Robert C. O'Brien, the National Security Adviser, are pressing for a new aggressive action against Iran and its proxy forces, and see an opportunity to try to destroy Iran-backed militias with the latter preoccupied with the Corona pandemic crisis. The report quoted US officials as saying Defense Secretary Mark Esber had authorized planning a new campaign inside Iraq - even as the US military downsized its anti-terrorist presence there - to provide Trump options to respond to an escalation of Iranian-backed militias in its attacks against US forces. The report noted that during the Oval Office meeting on March 19, Trump did not make a decision on whether to authorize the new campaign in Iraq, but it allowed planning to continue, according to US officials. LINK
    8 points
  16. There is a smallllllll small tiny chance. A sharknado could happen as well.
    7 points
  17. It's been said many times this is for entertainment purposes. No need whatsoever to be insulting. Also, I'm a grownup and do not need you to look out for me, question my intelligence or question what I read. You are free to read or not read what you want as well, now go read (or don't read) whatever you like and mind your own business. Thank you Ronscarpa for posting, it is very entertaining and I enjoy it for a bit of a break. We know that any posting or news story should be evaluated with your own God given critical thinking skills regardless of the source. Frankly I consider many sources like CNN, NBS, PBS, etc. to be guru BS as much as any.
    7 points
  18. The Central Bank of Iraq (Basra branch) for Al-Mirbad: Next Tuesday is a last date to pay the salaries of all employees March 26, 2020 The Central Bank of Iraq, Basra branch, announced that next Tuesday is the last date for the payment of salaries of all employees of the governorate departments, indicating that it has begun from the day before yesterday to grant funds and notices to banks for the purpose of disbursing the salaries of employees in all departments in the province. The director of the central bank in the province, Qassem Raheef, said that there is no delay in the bank’s work, explaining in his response to citizens ’communications in the program that the Basra treasury sent books to the bank, which in turn gave the exchange notice to the banks concerned. Among Raheef, a financial exchange notice was given to the salaries of employees of the defense, the interior, borders, and the welfare of minors and the Directorate of Education, as well as other departments since yesterday. Raheef pointed out that the problem of delaying salaries lies as a result of the momentum on some banks and consequently the reason for the delay, considering that it is possible to grant exchange notice for a period not exceeding 15 minutes if you complete what is required of it at the state treasury and banks. The Crisis Cell in Iraq announced that it excluded the employees of the Central Bank in the capital and the rest of the provinces, as well as employees of the Ministry of Finance and employees of government and private banks from the curfew in order to expedite the payment of employee salaries. (Next Tuesday sounds like an important deadline -JMO)
    7 points
  19. There is no link. I heard it on CNBC news. About an hour later they came back and amended the story to say it was a planned buy. This is why I rarely post Breaking News stories. Thank you for calling me on this error. I meant to put a post saying the breaking news was bogus, I go sidetracked and just forgot. It is still important to hear they are buying there own stock. I apologize for not posting the correct story sooner.
    7 points
  20. Yes they do, but the Reps didn’t pull a stunt like Pelosi holding up money for the American people with Abortion money and money for the Performing Arts. As far as the Rep Congressman, he is a idiot, grandstanding trying to get his 15 minutes of fame. Candie I call it like I see it. I will not defend stupidity when it comes to our Politicians. I am an Independent.
    7 points
  21. Just reading where the ISX will resume trading on 4/12 an find it interesting that the curfew will last until 4/11. I’m thinking if the auctions remained stopped until after 4/12 we could really be onto something...
    7 points
  22. Yes that would be ironic however I will Take it and be happy as long as it’s atleast $1.17 or higher...lol...Also yes I bet the economy will be reopened by Easter!! We don’t close for the 50,000 flu deaths we have every single year approximately and we will not have anywhere close to that from the Corona Virus, all the models that the experts based their numbers on are turning out to be completely WRONG and way overstated!! So no we will not keep our entire economy closed for this virus very much longer!
    7 points
  23. I don’t trust anything any of those gurus write but it is entertaining. Thanks for the read. I thought about an Easter RV about a month ago before the CV hit us so hard. How ironic would it be to get RV’ed in a few weeks only to be unable to get to a bank, or if we do you can’t go anywhere or go buy anything. That would stink.
    7 points
  24. LMFAO ! Rouhani attacks the West: We thank God because we control Corona better than you 2020-03-28 Follow Iraq: Today, Saturday, Iranian President Hassan Rouhani turned the Corona crisis, which is witnessing his country and the world, into a material to gloat against the United States and Europe in general, indicating that Tehran is ready to deal with the pandemic of the virus. Rouhani said, in a speech broadcast on official television, that "Iran's health infrastructure is strong and ready to deal with any possible escalation of cases of coronavirus," expecting an increase in the number of infections. He added, “We thank God that our country is not one of the countries that makes Corona patients in the courtyard of hospitals and on the sidewalks of the streets. In the morning, everyone who goes to the markets after ten o'clock faces empty shelves. ” The Iranian president continued, "We thank God that the government pays 90% of the expenses of the injured, unlike many countries that are testing HIV infection for their citizens for 1300 to 1500 dollars." LINK
    6 points
  25. Too many things happening at once to be a coincidence. Don’t forget the Oil war between Russia and SA. There is no doubt in my mind that this is part of the plan. The distruction of OPEC, a cabal that has been holding the world hostage to high oil prices for years is a good thing imo. ( a cabal whose members have used their oil revenues to finance war and terrorism, Iran).
    6 points
  26. Hunting the crow? Wait till they find out they’re hunting an eagle instead and are about to get their butt kicked.
    6 points
  27. Document .. The Central Bank of Iraq withholds company funds accused of organizing suspicious deals Document .. The Central Bank of Iraq withholds company funds accused of organizing suspicious deals 03/28/2020 Shafaq News / The Central Bank of Iraq announced, on Saturday, the seizure of company funds accused of organizing suspicious deals. And it stated in an official document issued by the bank and directed to all banks, that "according to the letter of the Supreme Judicial Council presidency of the Baghdad Court of Appeal / Federal Rusafa / Rusafa Court of Inquiry competent in issues of integrity, money laundering and economic crime numbered ۱۹ Reservation ۲۰۲۰ and dated 16/3/16 it is decided Reserve movable and immovable property belonging to the National Land Insurance Company / a private shareholding, its authorized manager (Ali Naseer Jabbar). According to the information received, this company is accused of organizing suspicious deals with parties in the Iraqi Ministry of Education. https://www.shafaaq.com/ar/%D8%A7%D9%82%D8%AA%D8%B5%D9%80%D8%A7%D8%AF/%D9%88%D8%AB%D9%8A%D9%82%D8%A9-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D9%8A%D8%AD%D8%AC%D8%B2-%D8%A3%D9%85%D9%88%D8%A7%D9%84-%D8%B4%D8%B1%D9%83%D8%A9-%D9%85%D8%AA%D9%87%D9%85%D8%A9-%D8%A8%D8%AA%D9%86%D8%B8%D9%8A%D9%85-%D8%B5%D9%81%D9%82%D8%A7%D8%AA-%D9%85%D8%B4%D8%A8%D9%88%D9%87%D8%A9/
    6 points
  28. This is all about switching to gold and asset backed currencies! Let’s not forget he wants all currencies to be on a level playing field let’s think about Iraq! Let’s think about april 6th and tariffs! What happens for currencies manipulating exchange rates as from April 6th! Why did inf wrkd bank freeze debts and loans? Who’s now in control of the fed and all credit lines and liquidity of all central banks!
    6 points
  29. This video talks about that. It’s like DJT is playing chess with the bad guys but always out smarting them. I
    6 points
  30. Lol ! That’s Awesome Map1 - Ur Brother Morgan Is Obviously An Incredibly Talented World Class Artist ! Btw - Do U Think That He Can Help Me With My Makeup ...
    6 points
  31. Also President Trump said he want to get US Up and running by April 12th. We could be really onto something Stay healthy my friend. Go RV Go asap
    6 points
  32. CNN ! News Happens 24 Hours - That’s Why We’re Up At The Crack Of Noon !
    6 points
  33. Thanks Ron. Appreciate your posts, especially on the auctions. We better get this thing RV’ed and me out of lockdown soon or I might not make it. My diet has turned to survival mode.
    6 points
  34. “God will judge our enemies...we’ll arrange the meeting”!!!👍🇺🇸
    5 points
  35. Sorry, that posted too soon. I meant to add a similar scenario I outlined in my Auction and Budget post: Same type of thing
    5 points
  36. Iraq has $70bn in reserves to keep economy afloat for 6 months to a year: MP 3 hours ago Zhelwan Z. Wali Central Bank of Iraq headquarters in Baghdad. File photo: Government of Iraq ERBIL, Kurdistan Region – Baghdad can weather the economic impact of coronavirus and the collapse of world oil prices for six months to a year by dipping into foreign reserves worth $70 billion, a member of the Iraqi parliament’s finance committee told Rudaw. Even if the ongoing political deadlock in Baghdad is resolved and MPs pass the delayed 2020 budget, Iraq’s coffers are steadily being emptied by the coronavirus lockdown and a plunge in the price of oil – the government’s primary source of income. Sherwan Mirza, a Kurdish lawmaker and a member of the Iraqi parliament’s finance committee, told Rudaw on Saturday the country will weather the storm by dipping into its substantial foreign reserves. “In cases of emergency, Iraq will resort to its reserves available at the Central Bank amounting to $70 billion,” Mirza said. World oil prices fell below $30 per barrel last week as a result of a standoff between rival producers Saudi Arabia and Russia. At least 90 percent of Iraq’s federal funds come from oil sales. Analysts warn the ongoing political deadlock in Baghdad is anchoring Iraq to the spot when it ought to be preparing for rough economic seas ahead. “Iraq is able to bear the situation for around six months to one year to pay its civil servants and fund other sectors,” Mirza said. “Iraq is experiencing a bad economic situation. And if the situation continues, it will get worse. Around 93 percent of Iraq’s revenues come from oil sales.” Borrowing might be Iraq’s best chance of navigating these challenges, Mirza said. “Borrow money internally and externally to prepare to respond to the coronavirus threat on one hand, the fight against extremist groups such as Daesh [the Islamic State], which still maintains a presence, on the other, if the oil price continue to drop,” he said. Although the Islamic State group (ISIS) lost all of its urban strongholds in Iraq in late 2017 and in Syria in early 2019, ISIS remnants and sleeper cells continue to launch attacks against military and civilian targets in the disputed territories between federal Iraq and the Kurdistan Region. The massive reconstruction and stabilization effort Iraq requires has now been set back by the need to contain the coronavirus. As of Friday, the total number of confirmed cases nationwide has reached 458. Forty people have died and 122 have recovered since the outbreak began. Businesses have been forced to close and free movement curtailed, leaving many out of work and without a steady income. No budget Already three months into the year, parliament is yet to approve a budget plan for 2020. Mirza expects the terms of the 2019 budget will be carried over. Public sector workers in Iraq and the Kurdistan Region are concerned they will not be paid owing to the disruptions caused by the COVID-19 lockdown and political disarray. “According to the 2019 budget law the Kurdistan Region’s employees will not face any problems as Baghdad sent the full 12-month salary of the KRG civil servants last year,” Mirza said. Another lawmaker has also predicted a 2020 budget won’t materialize given the collapse of world oil prices. “If the current crisis of oil continues, the Iraqi parliament will be unable to approve the 2020 budget plan,” Haitham al-Jiboury, head of the Iraqi parliament’s finance committee, told Rudaw English in a recent telephone interview. The KRG needs 894 billion dinars ($755.5 million) each month to pay its employees. More than half of the money, 453 billion dinars ($382.8 million), is paid by Baghdad. There have been frequent delays to employee salaries in recent years due to the ISIS conflict, repeated financial crises, and federal budget cuts. Deadlock Iraq has not had a fully-functioning government since last December, when caretaker Prime Minister Adil Abdul-Mahdi resigned in the face of mass protests over unemployment, corruption, and the lack of basic services. His replacement, Mohammed Tawfiq Allawi, also resigned in early March after he failed to win parliamentary approval for his cabinet. The task has now fallen to former Najaf governor Adnan al-Zurfi – an unpopular choice among Iraq’s powerful Shiite blocs and anti-government protesters. The deadlock has hobbled Baghdad’s response to protester demands and post-war reconstruction. Conflict and insecurity continue to blight the country.
    5 points
  37. As yourself who is the number 1 oil producer in the world? Who was? Who shutdown America’s oil fields? Which president? Who benefited and profited? Which countries? What’s trumps Middle East plan? Is it about ending wars and shifting oil wealth from the east to west?
    5 points
  38. Who would ever thought the POTUS would pass $2T Bill. The greatest transfer of wealth at the moment until Iraq RV’s.
    5 points
  39. hope so devine intervention then thank god
    5 points
  40. That’s because that is Tiny Tim’s love child. 😂 😝
    5 points
  41. Warning, a few of the above articles are from Iran leaning sites.
    5 points


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