Iran's President Raisi killed in helicopter crash, 20 MAY

Body of President Raisi to be moved to city of Mashhad on Tuesday

From CNN’s Adam Pourahmadi

The body of Iranian President Ebrahim Raisi and the other victims of Sunday's helicopter crash will be transferred on Tuesday from Tabriz to the northeastern city of Mashhad, where Raisi was born, according to Fars news. 

A large public ceremony is scheduled to take place at a prayer hall in Tabriz at 4 p.m. local time on Monday, Fars news reported. 

At 9 a.m. local time on Tuesday, a large procession will accompany the bodies of Raisi and the other victims from Tabriz Martyr's Square to the city's airport. From there, the bodies will be moved to Mashhad, according to Fars. 

Raisi was born in Mashhad in 1960. He ran the powerful charity known as Astan-e Quds-e Razavi, which manages the huge Imam Reza shrine, a major Islamic holy site in the city.min ago

Iran's president has died. Here's what we know about what comes next

From CNN Staff 

Iran's President Ebrahim Raisi at Saadabad Cultural & Historical Complex in Tehran, Iran, on April 29, 2023. Sakineh Salimi/Borna News/Aksonline ATPImages/Getty Images

Iran's President Ebrahim Raisi was confirmed dead by state media on Monday morning, after a helicopter he was traveling in alongside Foreign Minister Hossein Amir-Abdollahian, and seven others crashed in foggy conditions in the country's remote northwest on Sunday. 

Here's what to know now: 

Acting president: In the wake of Raisi's death, Vice President Mohammad Mokhber has been appointed as acting president.

Acting foreign minister:  Ali Bagheri Kani, who has led Iranian delegations through indirect negotiations with the United States over nuclear issues and prisoner exchanges, has been appointed acting foreign minister after the death of Amir-Abdollahian, state news agency IRNA reported.

New elections: The Iranian constitution mandates that the three heads of the branches of government, including the vice president, speaker of the parliament, and head of the judiciary, must arrange for an election and elect a new leader within 50 days of assuming the role of acting President. Iran's supreme leader, Ayatollah Ali Khamenei said in a message to state news agencies that Mokhber was responsible for organizing elections for a new president within that time. 

Public mourning: Ayatollah Khamenei has announced five days of public mourning after the crash, and expressed his condolences. All cultural and arts activities have been canceled in Iran for the next seven days. 

Global reaction: The loss of Raisi — a conservative hardliner and protege of Ayatollah Khamenei — is expected to sow further uncertainty in a country already buckling under significant economic and political strain, with tensions with nearby Israel at a dangerous high. His death has already triggered international reaction with  Saudi Arabia, Pakistan, India and the UAE leader expressing their condolences for his death. Lebanon has declared three days of mourning. 

Militias respond: Iran-backed militant groups Hamas, the Houthis, and Hezbollah have sent condolences to Tehran over the death of Raisi. 

3 hr 19 min ago

Iran cancels all cultural and arts activities for seven days

From Negar Mahmoodi

All cultural and arts activities in Iran will be suspended for seven days following the death of President Ebrahim Raisi, the Ministry of Culture announced on Monday.

Raisi died in a helicopter crash at age 63. 

The country’s foreign minister and seven others were also killed after the crash in a remote, mountainous area of Iran’s northwest.

https://edition.cnn.com/middleeast/live-news/raisi-iran-president-helicopter-crash-05-20-24/index.html

"RV UPDATE" BY MARKZ, 20 MAY

 MARKZ

Fri. 17 May 2024 MarkZ: “On May 22nd, (This is from the IRS but other government agencies are also doing thi) they will be conducting emergency alert tests nationwide to all their employees on text messaging, email and laptop notifications. So they are prepared for May 22nd.

MZ From a member: “Now in one of the top banks here in the country – they are very clued in on currencies. When they found out the amount of the currency they had they said “We need to sit down with you- but we can’t sit down with you until the  22nd. Our key people for wealth management are in training for foreign currencies and exchanges – but we want to sit down with as soon as they back from training.”

MZ: Now this doesn’t mean the RV will happen on the 22nd. But the bank can’t talk to them now even though they want to talk to them….until May 22nd. So- the top wealth management at a big bank with a big wealth management arm-and they get back from foreign currency exchange training on the 22nd –This is a great “tell.”

Iraqi Dinar | ATM Glitch EXPOSES Dinar's TRUE Value-Hold Your Dinar | Ir...

The International Monetary Fund recommends that Iraq control public wages and gradually abolish compulsory employment, 20 MAY

 The International Monetary Fund recommends that Iraq control public wages and gradually abolish compulsory employment

Thursday, the Chief Leading body of the Worldwide Financial Asset (IMF) closed Article IV counsels with Iraq and contemplated and supported the representative assessment, while suggesting the control of public wages and the progressive abrogation of necessary business.

A World Bank report was distributed, which peruses as follows: ” Inside soundness has improved since the new government got to work in October 2022, which worked with the endorsement of Iraq’s initial three-year financial plan, which required a significant monetary extension beginning in 2023, and this has Major areas of strength for upheld in Iraq’s non-oil economy after a compression in 2023. 2022, while Iraq was to a great extent unaffected by the continuous struggle in the district and homegrown expansion tumbled to 4% toward the finish of 2023, reflecting lower worldwide food costs, and a reassessment money as of February 2023, and exchange finance has gotten back to business as usual. In any case, irregular characteristics have been exacerbated by critical monetary extension and lower oil costs.”

The report added, “It is normal that the proceeded with monetary development will improve development in 2024, to the detriment of additional disintegration in monetary and outside records and Iraq’s weakness to oil cost variances. Without strategy change, the dangers of medium-term sovereign obligation pressures are high and dangers could emerge.” ” The principal drawback gambles remember a critical downfall for oil costs or the spread of contention in Gaza and Israel.”

The leader chiefs concurred, as indicated by the report, “with the push of the staff evaluation, and invited areas of strength for the recuperation, low expansion, and further developed homegrown circumstances that prompted the execution of the very first three-year financial plan. They noticed that the dangers were shifted towards the drawback, given   territorial questions and high reliance.” on the unstable oil costs, and that a significant monetary extension could prompt monetary and outer uneven characters.”

The Chiefs focused “the requirement for sound macroeconomic strategies and underlying changes to get public funds and obligation, manageability, advance financial enhancement, and accomplish economical and comprehensive confidential area drove development.”

The Chiefs focused on that “a slow yet huge financial change is expected to settle obligation in the medium term and reconstruct monetary security edges.” They urged the specialists to zero in on controlling public compensation rolls, transitioning away from necessary work strategies, and preparing non-oil incomes, with Better focusing of social help.

That’s what they concurred “prompt execution of Customs and Income Organization changes, full execution of the Single Depository Record, severe management and restricting the utilization of extra-monetary assets and government ensures are vital for help financial union. Decreasing money related supporting and improving the benefits framework are likewise significant.”

The Chiefs applauded the National Bank’s endeavors to fix financial approach and fortify the liquidity the executives system. Further developing coordination among financial and money related activities would assist with retaining abundance liquidity and upgrade financial strategy transmission. The Chiefs concurred that speeding up the rebuilding system of huge state-claimed banks is likewise fundamental. They energized “To keep modernizing the confidential financial area, including by working with the foundation of journalist banking connections, decreasing administrative vulnerabilities, and upgrading the proficiency and intensity of private banks.”

The Chiefs focused on the requirement for underlying changes to release private area improvement. They energized equivalent open doors among public and confidential positions, upgrading ladies’ support in the workforce, and transforming schooling and work regulations. The Chiefs concurred that further developing administration and battling debasement are likewise fundamental, and energized Further fortifying the counter illegal tax avoidance and psychological oppressor supporting structure, reinforcing public obtainment and business frameworks, and tending to lacks in the power area. Chiefs invited restored endeavors towards increase to the World Exchange Association and urged the specialists to work on the inclusion and idealness of measurements.

That’s what chiefs concurred “close commitment with the Asset, including through continuous specialized help, would be gainful, and invited the specialists’ solicitation to lay out a strategy coordination instrument.”

The following Article IV meetings with Iraq are supposed to be held in the standard year cycle.

"Q & A: CURRENCY EXCHANGE BROKERS AND SELLERS" BY GINGER VIA TELEGRAM, 20 MAY

 💢Q & A - Currency Exchange Brokers & Sellers

💢Q - Member: I’ve been wondering …if this RV is as close as everyone says,  then why are all these dealers still selling currencies? I thought they needed to stop right before the RV. 🤔 

💢A - Ginger: Yes! You're right 🏆😁⭐. But, keep in mind that their notice to stop selling foreign currency could be merely hours before the flip is switched. Doesn't need to be days or weeks in advance. 

It could likely "happen" (for us) before we even notice the online sellers have ceased their sales of currency merchandise. They need just a few hours to delete or change the content on their websites. All they really have to do is install an error message like "Website content under construction 🚧" - where buyers cannot make their purchases or even see the exact exchange rates because they will be in flux. This will take a little bit of time which is they will be given advance notice, a short window in which to comply. ⭐😁⭐ 

~ Ginger of the Liberty Lounge 5.7.24

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Parliamentary Finance: Employee salaries amounted to 8 and a half trillion, 20 MAY

Parliamentary Finance: Employee salaries amounted to 8 and a half trillion

Moeen Al-Kazemi, a member of the Parliamentary Finance Committee, disclosed on Sunday that the monthly salaries of employees, retirees, and caretakers amounted to approximately 8 and a half trillion dollars. He also emphasized that the operational aspect amounted to approximately 170 trillion dollars.

Al-Kadhimi stated, “The House of Representatives is awaiting the Council of Ministers’ vote on the budget schedules and sending them to the House of Representatives for the purpose of voting on them, indicating that the Parliamentary Finance Committee is preparing to reduce operational spending while supporting the investment side.” Al-Kadhimi was speaking about the House of Representatives.

“The operational aspect amounted to approximately 170 trillion, and this is a very large number, taking into account the increase in the number of employees as well as the increase in the salary ceiling to 8 and a half trillion per month,” he explained.

He emphasized, “During the next stage, the House of Representatives will ask the government to increase non-oil revenues, as it supports the state’s public finances and reflects income diversification.”