KTFA – More News, Rumors and Opinions Sunday Afternoon 10-1-2023

0
56

KTFA:

Clare:  This week, the Finance Committee hosts the Ministers of Planning and Finance

10/1/2023

The Parliamentary Finance Committee decided, today, Sunday, to host the Ministers of Planning and Finance this week.

The head of the committee, Atwan Al-Atwani, said in his speech during the committee’s hosting of the governors, that “there is a clear failure in releasing financial allocations to the governorates and ministries,” noting that “the committee will host the ministers of planning and finance this week to find out the reasons for the delay in implementing the budget.”

He stated, “The current government has raised the slogan of a national service government, and we will not allow the problem of delaying the disbursement of financial allocations to continue,” pointing out, “Our insistence on approving the tripartite budget came to enable the governorates and ministries to implement their plans and programs and to avoid stopping funding at the end of the fiscal year.”

He stressed “the necessity of releasing petrodollar allocations to oil-producing governorates,” pointing out “the importance of simplifying procedures for approving programs and plans to accelerate the launch of project implementation.”   LINK

Clare:  The presidencies hold a meeting at Baghdad Palace to discuss the overall situation and developments in the country

10/2/2023

The four presidencies held a meeting this Sunday evening in the presence of Prime Minister Muhammad Shiaa Al-Sudani, President of the Republic Abdul Latif Jamal Rashid, Speaker of the House of Representatives Muhammad Rikan Al-Halbousi and Chairman of the Supreme Judicial Council Faiq Zaidan.  LINK

************

Clare:  Sponsored by Al-Sudani…the launch of the “International Investor Day” conference activities in Baghdad

10/1/2023

Today, Sunday, the activities of the “International Investor Day” conference kicked off in the capital, Baghdad.

A statement by the Securities Commission stated, “Within the framework of enhancing the investment climate and attracting national and international capital, and under the patronage of Prime Minister Muhammad Shiaa Al-Sudani, the activities of the “World Investor Day” conference in Iraq were launched today, which was organized by the Iraqi Securities Commission in the presence of a large number of personalities. government and the private sector.

He added, “The opening session of the conference included a speech by the Chairman of the Authority, Faisal Al-Haims, in which he stressed the Authority’s commitment to providing a suitable environment for investment and protecting the rights of investors. The event was also characterized by presentations on the various investment sectors in the country and the available opportunities.”

He continued, “The conference will discuss the promising investment opportunities in Iraq, its strategic location, and the opportunities and challenges of investment and development in the securities sector.”

He stated that “the conference activities will continue until Monday, where participants will have the opportunity to interact and communicate with companies and various government agencies to discuss investment opportunities and sign agreements and strategic partnerships.”

He explained that the “World Investor Day” conference represents an important opportunity for Iraq to strengthen its position as an important investment destination in the region and increase international cooperation in multiple fields.   LINK

************

Courtesy of Dinar Guru   https://www.dinarguru.com/

Frank26  Question: “Is Article VIII needed?”  Article VIII will automatically come on once Article VII is official.  In other words it’s the next step that they walk into under the United Nations Security Council.

Mnt Goat   About the WTO accession, the articles told us months ago they were in the final stages and so they are all ready to go.  They only want a currency that can be international prior to making the final move. They don’t need the currency to revalue only reinstate to be in the WTO, but we know they will revalue when they do reinstate it and go international…I repeat, they DO NOT have to RV (no mandate for the WTO says they do) only need to reinstate for the WTO, but they are choosing to significantly revalue when they do reinstate it. So we are good

MARKETS A LOOK AHEAD: Expect WORLD-WIDE Financial System SUPER-MELTDOWN.

Greg Mannarino:  10-1-2023

The Role of the Inverted Yield Curve During Economic Downturns EXPLAINED

Taylor Kenny:  10-1-2023

Ever wondered if there’s a way to predict economic downturns?

Understand why high yield rates are sending shockwaves through the economy and how you can shield your assets.

The alarms are ringing, and the signs are clear. Don’t miss this chance to stay ahead of the financial storm.

CHAPTERS:

0:00 10-Year Treasury Yield

 3:07 Yield Curve Inversion

5:11 Bonds & Interest Rates

6:58 Accurate Prediction?