Holly, Walkingstick and more...Thursday Afternoon 6-2-2022
Thursday Thoughts from Holly
Good morning roomies
What happens when we say too much it truly hurts the process for the roll out.
They are trying to have this happen and unfortunately in these rooms there is the good and bad guys. They dont want the bad guys getting the information to tip them off and the good guys see who is talking when asked to be quiet and we can be affected severely at our appointment.
So it is best to listen if we are told not to speak as I do not want to risk anything after waiting 11 years.
Holly
KTFA:
Samson: Expert: Iraq Gets About 4 Thousand Dollars From Selling Oil Every Second
2nd June, 2022
On Thursday, the economist, Nabil Al-Marsoumi, revealed the rate of financial revenues generated from selling oil per second.
Al-Marsoumi said in a Facebook post seen by / the information / that “the total oil revenues until May 2022 = 50 billion dollars,” adding that “the average monthly revenues = 10 billion dollars and the average daily revenues = 331 million dollars.”
And the rate of revenue per hour amounted to “13.792 million dollars per minute = 230 thousand dollars, while the rate of returns per second = 3,833 dollars.” According to the decree. LINK
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Courtesy of Dinar Guru
Walkingstick [via Frank26] The importance of the latest meetings with the CBI, IMF, World Bank, all of them was to discuss and agree on the ATMs that will soon be released to the Iraqi citizens...These ATMs are now being put into position where they will be available to the citizens for the new small category notes. They talk about adding thousands and about replacing ATM machines.
Militiaman Article: "Finance is finalizing the 2022 budget, and good news for lecturers and contracts" There is definitely a push to get the reforms done... The articles all show it to be the case and the world having been involved through the World Bank, IMF, AMF, UST, etc., is and or was the catalyst to push the politic side into high gear or the consequences may have been very dire.
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TNT:
CandyKisses: Al-Kaabi : The Emergency Food Security Support Law is ready for a vote
Today, Thursday, the head of the Parliamentary Finance Committee, Hassan Al-Kaabi, confirmed that the emergency support law for food security and development is ready for voting, and while he specified the amounts allocated to three ministries within the law, he announced an increase in the allocations of the Ministry of Electricity to 5 trillion and 300 billion Iraqi dinars.
Al-Kaabi said, in a statement to a number of media outlets, including the "National News Center", that "after the parliament completed the second reading of the emergency food security support law, there is a team inquiring about the schedules of the law and what the allocated amounts are, and certainly there is nothing to hide."
He noted that "there is an investment for 50% of the non-oil revenues, which are the border crossings for all governorates, and the petrodollars will be distributed for the first time in this law at a rate of one trillion to all governorates, and Basra will have more than 85% of this amount."
He stressed, "The law on emergency support for food security is ready for voting, but the legal periods need a few days to proceed with that."
Tishwash: Oil prices drop as investors take profits before the OPEC + meeting
Oil prices fell today, Thursday, as investors reaped the latest recovery with major producers meeting later in the day to pave the way for expected increases in production.
Brent crude fell $2.09, or 1.80 percent, to $114.20 a barrel at 04:43 GMT, after rising 0.6 percent the previous day.
US West Texas Intermediate crude fell $2.26, or 1.96 percent, to $113.00 a barrel, after rising 0.5 percent on Wednesday.
Benchmarks have been climbing higher for several weeks as European Union and United States sanctions against Moscow over its invasion of Ukraine squeeze Russian exports, and China's gradual exit from strict COVID-19 lockdowns further supports prices.
However, the rise of the US dollar led to a decline in oil prices on Thursday as it makes crude oil more expensive for those holding other currencies.
Five sources in OPEC + said yesterday, Wednesday, that OPEC + is ready to stick to its modest monthly increases in oil production, despite the tightening of global markets.
Two sources from OPEC + said that an OPEC + technical committee cut its forecast for the oil market surplus in 2022 by 500,000 barrels per day to 1.4 million barrels per day. link
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KEEP YOUR EYES ON THE DEBT MARKET! It's A Ticking TIME BOMB. More Important Updates.
Greg Mannarino: June 2, 2022