Dinar Recaps

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MilitiaMan Sunday Afternoon "A Big Deal" 1-30-2022

KTFA:

Samson:  Unprecedented Numbers Of Iraqi Oil Trucks Arrive In Jordan

30th January, 2022
The Anbar Governor’s Advisor for Energy Affairs, Aziz Khalaf Al-Tarmuz, reported on Sunday, the escalation of the pace of Iraqi oil supply to Jordan through the Tarbeel port.

Al-Tarmouz told the “Information” agency that “the Tarbeel border crossing with Jordan, west of Anbar, witnessed an increase in the pace of entry of trucks loaded with oil derivatives, to 1,500 trucks per day, after it was only 60.”

He added, “The next few days will witness an increase in the number of trucks to reach 2500 trucks per day, and this percentage is the highest since the central government agreed to supply Jordan with oil.”    LINK

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Samson:  After A Break Of Half A Century, Baghdad Hosts The International Conference Of “FAO”

30th January, 2022

The capital, Baghdad, is preparing to host and organize a conference of the Food and Agriculture Organization of the United Nations “FAO” next February, after an absence of nearly 54 years since the last conference organized by a country in the region.

The Permanent Representative of the Republic of Iraq to the United Nations agencies in Rome, Safia Al-Suhail, said in a statement reported by the newspaper “Al-Sabah” and seen by “The Information”, that “the tripartite meeting, which was organized through an electronic circuit, reviewed all the necessary preparations for organizing the 36th conference of (FAO) in the capital, Baghdad. The Minister of Agriculture also expressed Iraq’s interest in hosting this international conference in the capital, Baghdad, after an absence of 54 years since its last organization in one of the countries of the region.

Al-Suhail added, “The Minister of Agriculture conveyed the keenness of Prime Minister Mustafa Al-Kazemi and the relevant ministries to provide all facilities and support to achieve a distinguished hosting, and during the meeting, the participation of countries, dignitaries, UN officials, international organizations and civil society organizations were discussed.” LINK

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MilitiaMan:  The trucking increasing almost 42 times the volume in a short period of time looks to be telling a story of Iraq being at  international trade levels. That is a major increase in trucking, likes of that I have not seen before.

Then there is the International Conference starting in February 2022. Iraq is hosting the UN officials and international organizations with respect to the Ministry of Agriculture.. They have been absent for 54 years.

That too is very telling and supporting there is an international ascension going on. I would suspect the WTO, AYSCUDA and AMF may be some of the International Organizations that may be involved..  They’ll need the tax revenues.

 I’ll bet the borders will be ready to clear all that oil for a REER (Real Effective Exchange Rates) at some point now.. imo They mention the trucking went from 60 -1500 trucks and then increase in the coming days to 2500..

That is a lot of daily oil movement and a lot of money.. Exciting times ahead… Full steam too.. lol imo ~ MM

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Samson:  Jordan : The Central Bank is studying the issuance of a new digital currency

30th January, 2022
Central Bank Governor Adel Sharkas confirmed that the bank is studying the possibility of issuing an official digital process for the Central Bank of Jordan.

Sharkas said, during his intervention in the Parliamentary Economic Committee, that the currency will be supported by the dinar, different from the known virtual currencies.   LINK

https://www.bis.org/publ/othp42.htm

https://www.bis.org/publ/othp42.htm

https://www.bis.org/publ/othp42_fin_stab.pdf

MilitiaMan:  There is a lot of fast moving parts to the CBDCs (Central Banks Digital Currencies) becoming a reality. The links above are informative. The BUNA platform is a digital platform that will clear digital currencies. Jordan and Iraq will be just a couple of them..

The UST has told us they intend and have on board 136 countries that will be digitizing taxation.

The borders will be automated or are now. Just think about the increase from 60 trucks of oil going across the border increased to 1500 a day and in the coming days up to 2500 trucks will cross each day. That will need electronic clearing and for the increase from 60 – 1500 says to me they are automated now.. Ready to go.

Fascinating time to tell us that Jordan.. What terms, mechanism and or price is the oil deal to need that amount of increase in trucking, 42x?

This is a big deal.. imo ~ MM

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U.S. Department of the Treasury

Office of Public Affairs

Press Release:             FOR IMMEDIATE RELEASE

October 13, 2021

Contact:                      Alexandra LaManna; Press@Treasury.gov

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with G7 Finance Ministers and Central Bank Governors

WASHINGTON – Secretary of the Treasury Janet L. Yellen participated in an in-person meeting of the G7 Finance Ministers and Central Bank Governors today. G7 Finance Ministers applauded the historic deal between 136-nations that will reshape the international tax system and equip the global economy to meet the needs of the 21st century.

Along with her counterparts, Secretary Yellen endorsed the G7 Public Policy Principles for Retail Central Bank Digital Currencies (link) and the G7 issued an accompanying statement on digital payments (link). She also expressed her strong support for efforts to channel Special Drawing Rights (SDRs) to further support vulnerable economies, including the rapid establishment of a new trust fund at the IMF to support economic transitions related to pandemic preparedness and climate change. G7 Finance Ministers also discussed the macroeconomic implications of climate change and the importance of resilient global supply chains.

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