April 23rd 6pm Newsletter

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Samson: Governor of Basra announces the release of the financial amounts of the contractors by (30%)

23rd April, 2019

Announced the governor of Basra, Asaad Abdul Amir Alaidani, Tuesday, the launch of exchange funds by the Ministry of Finance, which relate to receivables contractors for the province of Basra in 2019. 

Said Alaidani in a statement received / scales News / copy of it, that "the Ministry of Planning addressed the Ministry of Finance Accounting Service to launch the disbursement of ninety - two billion four hundred and seventy - eight million three hundred and forty nine thousand dinars, which represents the amount of dues contractors for the province of Basra for the year 2019 (30%)." 

He added, that "based on paragraph 28 of the powers granted within the powers of the implementation of the investment project expenditures for 2019 have been authorized Basra province and the validity of the implementation of exchange, taking into account compliance with the instructions and powers for the implementation of the investment budget".    LINK

​I’m Really Anxious About Money and I Feel Like I Have No One to Talk To
By Charlotte Cowles@charlottecowles
Post From My Two Cents
Dear Charlotte,
I see tons of advice about how to talk to your significant other about money, but what about your friends? I’m 24 and single and no one in my social circle talks about money, ever, except to complain about feeling broke. 
I get anxious about my finances a lot (paying student loans and rent in New York, plus trying to get rid of some credit card debt, etc.) and I’d probably feel better if I had someone to vent to or talk me through it when I’m panicking. I think a lot of people rely on their parents for this, but I’m not very close with mine, and neither of them are very good with money, anyway.

Emailed to Recaps:

Sam Oliver - Debt and Credit.

We haven't talked about it much, but here is what happens in a system before it collapses. Just before a system begins to change, it will show us signs as it did yesterday a "3 black crow" chart pattern.

What this means is that 3 trades in a row took a downward turn in the market that was showing established signs of a bull market or a growing market. This indicator gives us clues about what is going to happen next.

What will most likely happen next is QE or Quantitative Easing or monetary stimulation. Lower interest rates leading to more credit and more debt in an economy.

This is the cycle where an economy can experience a huge climb in the markets and people get on board the train to make some good money. Remember, what goes up must come down especially when there are no buyers at the top.

Should I Pay Off My Debt or Start a Savings Account?
By Charlotte Cowles
Post From My Two Cents
Dear Charlotte,
After years of living paycheck to paycheck, I am now making enough to start saving more aggressively (read: at all). I currently have a monthly car payment of $168, which does not have a large impact on my monthly budget. It’ll take about $4,000 to pay it off entirely. 
Over the holidays, I received a sum of $7,000 from part of an inheritance. I used about $3,000 to pay off the rest of my credit-card debt. Now I’m wondering what to do with the remainder: pay off my car or put it directly into my barren savings account? I’m leaning toward establishing my savings, but which is the smarter move?


DELTA:  Mr. Ammar al-Hakim assured the Minister of Finance of the need for economic reforms

Editorial date: 2019/4/21 20:40 • 285 times read
[Baghdad: Al-Furat News} The head of the Coalition for Reform and Reconstruction, Mr. Ammar al-Hakim, assured the Minister of Finance Fouad Hussein, the need for economic reforms.
A statement of his office received the agency {Euphrates News} a copy of it, that Hussein reviewed during the meeting "the results of his regional and international tour, and discussed the latest political and financial situation in Iraq and the mechanisms of implementation of the government program." 

Mr. Ammar al-Hakim stressed "the need to carry out economic reforms that will make the Iraqi economy a stable economy through the diversification of sources of income and encourage national industry and adopt a balanced financial policy consistent with the priorities of the current and upcoming phase of the advancement of service and development in the country."

Iobey777: WELL, THEN, IRAQ!! Now you've had the IMF,THE FAB4, and now the MINISTER OF FINANCE ALL telling you to DO IT!!! Get it DONE!!! NOW!!!