News, Rumors and Opinions Friday Afternoon 6-18-2021

Fleming Friday RV Report

Once they notified the IMF, Iraq had 3 days, or 72 hours to put IQD, along with 22 currencies from other (IMF) approved Nation states, on FOREX. 72 hours, to publish these new currency rates live in banks, around the world, honored by the UST.

Forex will post these new rates live for banks, currency exchange centers everywhere to access. Sunday the rates will lock in and go live. Sometime Sunday, could be by 4 PM CDT when Australia opens.

The World Court has unsealed their Agreement in the ongoing Federal Court hearing in Carson City, as part of the hearings going on now. The (Carson City) Court did an "In Camera"  testimony elaborating on the validity of the World Court Agreement.

Recognizing that by bringing this World Court Agreement here, it's now registered and verified/validated and proven legitimate here, in US, this can not be set aside without huge loss of face. This must be acted on, fairly, appropriately. There's no further Cabal hedging possible. 

The UST, Zurich, London and Hong Kong are moving forward today, Friday, June 18, 2021, in acknowledgement of Monday's incoming financial shift. 

The currencies are going first, live, on front bank screens with new rates posted Sunday night. Monday morning banks all over the world will have new rates that must be honored.

Bonds and SKR accounts are releasing today, Friday, but spendable money won't be available until Tier 4 notifications/exchanges start. 

Bottom Line:

Tier 4 will go through Redemption Center. Contract rates will still be available. UST will support this Global Currency Reset.

We have no decision yet on the Zim Bond Redemption.

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Courtesy of Dinar Guru

Frank26   Article:  "Vietnam:  Moody's raises HDBanks' credit rating outlook from stable to positive"  Taken off currency manipulation list and now credit rating increase...

Petra  The Finance Minister said, "the ministries is continuing to open up to the world to conclude the best relations.  To open a new horizon of cooperation.  To restore its rightful place among the nations of the world.  It's continuing with global openness and concluding investor relations."   Concluding.  That's past tense.  Finishing out.  Whatever work they're doing internationally they're finishing up... essentially they're making a declaration that they're doing business, they're opening up, they want to be recognized as a sovereign country (which the G7 just did) and now they're saying they're opening up for business.  It's a very very clear statement...

 TNT:

Tishwash:  Iraqi Customs: The digitization system will increase revenues by 50%

The General Customs Authority in the State of Iraq confirmed, today, Friday, that the digitization system will raise the revenue ceiling to 50 percent

The Director-General of the Commission, Sadiq Huwaidi, told the Iraqi News Agency (INA), that "signing the automation contract with the United Nations will have a positive impact on the national economy, maximizing revenues, ensuring the transparent and clear conduct of the customs process, reducing cases of corruption and waste, and combating smuggling

Howeidi pointed out that it will create an advanced Iraqi cadre in managing global systems, and help Iraq to join the global economic systems; It uses modern systems, speeds up completion, simplifies procedures, and protects customs from corruption and public waste.

He added that "revenues will be known during its application, and it will achieve approximately 50 percent of revenues, as most countries achieved this figure after applying it as a minimum.

Earlier, Finance Minister Ali Allawi signed a customs automation system contract with the United Nations Conference on Trade and Development.   link

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Tishwash:  BUDGET TRANSFERS FROM BAGHDAD TO ERBIL TO BEGIN SOON, PREDICTS KDP MP

Rapporteur for the Council of Representatives' Finance Committee Ahmed Safar said on Thursday (June 17) that cash transfers from Baghdad to Erbil are expected to begin in the next few days.

Safar told the Kurdistan Democratic Party’s (KDP) official media outlet that the transfers are in return for the Kurdistan Region making commitments to honor its financial obligations under the budget law.

On Tuesday night, Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani said that the KRG has reached a deal with the federal government that will allow budget transfers to the Kurdistan Region to resume, with payments backdated to January 2021.

Later, KRG Minister of State and member of the KRG’s negotiating delegation Khalid Shwani said in a post on Facebook that the federal Council of Ministers authorized monthly transfers of 200 billion Iraqi dinars ($137 million) to the Kurdistan Region, including for the backdated months.

Safar said that talks and negotiations between the two sides, which are mostly technical, are ongoing and are going well.

“As a sign of goodwill, Baghdad will send a stipend to the Region monthly and sending the money is in the framework of the agreement of the Kurdistan Region’s share of Iraq’s budget law,” he added.

Safar said that he is optimistic that the agreement between Erbil and Baghdad will be implemented as it is in the near future.   link