More News, Rumors and Opinions Sunday Night 1-16-2022
TNT:
Yada: Here's the deal. This is a process. To bash all intel providers is pointless because they are making assessments based on the actions of the GOI and CBI. We have to make our own judgements to understand and have a broader view based on multiple sources. Yes there are some bozos out their but. for me, I assess why they see movements.
Yada: Articles and assessments on them are not a waste of time. Heard that the salaries were paid just before the 15th at the old rate. We saw this strategy back in June, to pay the people in dinar with the purpose, I believe, to put the money in their hands so when the RI is released, they are not running to the banks.
Yada: The UAE just opened a new Iraqi bank AND with the international links being activated, I believe this weekend or the 15th as we heard previously, there has to be an article VIII value currency for them to operate. This is playing out now for us to expect a release
Yada: and despite the SCOI making a decision on the appointment process of the speaker and his two people on Wedneday the 19th, the CBI is still unaffected in releasing the rate. AND, when have they done anything on a Sabbath? The international community still moves with it's objectives while Iraq comes out of the Sabboth in stride with the other actions indicating a release. We really are looking good.
RVALready: I think what is being done is not obvious to us, because we have different goals. Iraq is trying to run a country and engage in international commerce. We are waiting on a public RV, in order to exchange currency . It is frustrating for us, but Iraq must do what is in the best interest of their country. Hopefully, there will soon be a convergence of these goals. I think more has been done than most people realize. I think the finish line is sneaking up on us.
JSL: Hoping again January 2022 will be the season it finally comes to fruition… I've lost so many people during this process that I reall thought I was going to be able to help, kinda numb at this point, quietly hanging on to what I have, just hoping and praying for the best for everybody.
RVAlready: Me too. Things do seem to be converging for us, just not as quickly as any of us would like
Bodyman: My friends, ususally anything worthwhile that is appreciated comes with lots of effort, lots of patience, and lots of perseverance... like they say if it was easy everyone would do it... at this point after many years of all three the "worthwhile" is coming we just need to continue a steadfast path for success! Hang in there everyone
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Tishwash: Two people were injured in two explosions targeting two banks in the capital, Baghdad
Our correspondent stated that the first explosion targeted the "Cihan Al-Ahly" bank in the Karrada area.
He added that the second explosion targeted the "Bank of Kurdistan" in the same area.
The reporter indicated that two civilians were slightly injured.
After the specialized intelligence security services began investigating the two incidents that occurred this evening using two sound devices in the Karrada area of Baghdad, they will be very close to the perpetrators of these attacks after they She made a preliminary analysis of the two incidents and an intersection of the available information.
The security services also confirm that the just retribution of the perpetrators will be sooner rather than later, and to reveal who is behind these two cowardly acts that aim to destabilize security and stability and confuse the papers, and we will provide you with the details later. link
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Rod Steele:
Bond Mgrs are expecting Liquidity for Bond Holders today. Paymasters now have a Payout Schedule & are Staying in Place as opposed to going home for a time, SO, We Must Be Very CLOSE to Program Deliveries & other Tier 3/4A payouts followed by RV.
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KTFA
Samson: Five Issues Summarizing The Motives Behind China’s Interest In Iraq
16th January, 2022
On Sunday, the economist Nabil Al-Marsoumi, in a Facebook post seen by / the information, attributed the motives of Chinese interest in Iraq to five issues related to the Belt and Road project and the future of energy, as well as the Sino-American conflict.
Pressure on Washington
The economist considers that “the Chinese interest in promoting trade exchange with Iraq is due to Beijing’s targeting of its relations with Iraq as a pressure card on Washington, especially in light of the American military presence there, which made it an arena prepared to pressure the United States by establishing economic relations with Baghdad that allow in the future, it will have political influence over the Iraqi political elites and promote options that affect US-Iraqi relations.”
Belt and Road Project
On the other hand, Al-Massoumi affirms that “the strategic importance of Iraq lies in its geographical location, which is located in the heart of the Middle East, which is a contact area and confluence of the continents of the ancient world. It is in an important position in its political and strategic priorities for many considerations, including: its geographical location, Iraq’s enormous wealth, its strategic location in the continent of Asia, and the possibility of an influential Iraqi role in regional policies in the future.”
Oil exports
With regard to oil, the economist pointed out that “Beijing is seeking to increase its investments in the field of energy in Iraq, as the Iraqi Ministry of Oil announced in April 2018 that the Chinese company UGE had obtained a contract to develop the Sinbad exploratory patch in Basra. Geo Jaid also acquired two contracts for the development of Naft Khana and Al-Hawizeh in the Maysan Governorate.
He pointed out that “in April 2018, Iraq signed a contract with the Chinese companies “Power China” and “Norinco International” to build an oil refinery with a production capacity of 300,000 barrels per day in the Faw port on the Gulf, and therefore China seeks to invest in international oil fields, including the fields Iraqi oil companies, as Chinese companies own different stakes in five of the Iraqi oil fields under the first and second oil licensing rounds. China is also interested in buying the shares of the US Exxon Mobil and Lukoil of Russia in the West Qurna 1 and 2 fields. He considered that “Chinese companies’ chances of obtaining oil contracts in Iraq are increasing, as a result of their willingness to negotiate flexible and conclude contracts on concessional terms compared to others with the International Oil Company.”
Market for chinese products
The Iraqi market, according to al-Massoori, is “close to China compared to European and American markets, and Iraq has turned into one of the largest importers of Chinese products after 2003, especially with the deterioration of the purchasing power of Iraqi citizens, and their inability to obtain high-cost imported products.”
Support China’s standing
The economist believes that “Beijing seeks to influence various regional and international issues and events, in addition to securing the energy sources necessary for the continuation of its economic growth, which is linked to achieving stability in countries such as Iraq.”
He pointed out that “some analysts believe that Beijing is taking the economy as an entrance to the future impact on the political situations and interactions in Iraq,” noting that “the Chinese strategy towards Baghdad is based on the need to develop strategic relations with regionally important countries, including Iraq, which could play a future regional role. in the East”. LINK
China is The New Front in the War on Cash , Bitcoin and Gold
The Survival Economist: Premiered 3 hours ago
Banking and technology companies have spent years relentlessly working to replace cash with plastic, digital, or mobile alternatives.
China is at the forefront of the war on cash. It has the most residents paying via mobile wallets. Chinese people already use their phones to make payments for everything, even highway tolls. They won't even notice going cashless.
Physical forms of currency -- cash and personal checks -- are losing favor among global consumers to alternative forms of payment, including debit and credit cards, digital wallets, mobile commerce platforms, and, in some circles, even cryptocurrencies.
Online banking applications and automatic bill-pay options are making writing checks, using cash for high-cost transactions, and other traditional financial services less and less attractive.
While cash is far from nearing extinction and, surprisingly, is more robust in some places than one might first think. The overall trend seems almost undeniable when one considers the paradigm-shifting trends such as e-commerce and mobile payments at play.
With a cashless society, we are closer and closer to totalitarianism. A cashless society is a psychopath "wet-dream," and we know who these psychos are, don't we? The totalitarians will eventually cross the line, and Hong Kong will look like nothing compared to what comes next.
Back in 2017, the IMF published a creepy paper offering governments suggestions on how to move toward a cashless society even in the face of strong public opposition. It hasn’t been in the news a whole lot lately, but the war on cash undoubtedly continues.
In fact, the Chinese Communist Party (CCP) may be planning to embrace the idea as another weapon to wield against its people. In August, the People’s Bank of China said it was close to launching a digital yuan. This could take the first step toward pushing China toward a cashless society.