News, Rumors and Opinions Sunday Afternoon 3-19-2023
KTFA:
Clare: Iraq is close to activating an agreement with "Total" worth 27 billion dollars
The Iraqi Oil Minister, Hayan Abdul-Ghani, said, on Sunday, that the talks that Iraq is holding with the giant French energy company, Total Energies, to resolve the sticking points in a delayed activation deal worth $ 27 billion have reached “advanced stages.”
"They are close to activating the contract," Abdel-Ghani said at an energy conference.
The agreement, which Baghdad hopes will contribute to reviving foreign investment in the country, was signed in 2021 on the basis that it would allow Total to build four oil, gas and renewable energy projects with initial investments of $10 billion in southern Iraq over 25 years.
However, disagreements between Iraqi politicians over the terms of the agreement hindered its implementation.
Sources told Reuters that Iraq's request for a 40 percent stake in the project is a major point of contention, as Total Energy wants a majority stake.
In response to a question about whether the issue of Iraq's share in the project has been resolved, Abdul-Ghani said that the time is not appropriate to discuss the matter, adding that the announcement of the shares will take place when an agreement is reached.
Abdul-Ghani also said that Iraq is committed to maintaining an oil production rate of 220,000 barrels per day, in line with the quota set by the latest agreement of the OPEC+ alliance to cut production.
The minister added that Iraq is ready to increase its production if the OPEC + alliance decides to do so.
"We forced some oil companies operating in the south to reduce production in line with the agreed OPEC + rates," he said. link
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Wolverine:
71 US banks and 1,400 banks worldwide have collapsed since last Friday. March 10th.
The FDIC (Federal Reserve) was leaving.
We are looking for a global bank collapse to instigate the Global Currency Reset.
Bondholders should get their liquidity at the time Tier 4b (US, Internet Pool) get their trading appointments. Many Noteholders have received their Quantum Access cards to access their accounts in the Quantum Financial System.
The remaining Noteholders were scheduled to receive their Quantum Access cards by Fedex on Saturday. March 18 or Sunday. March 19 and will have access to their accounts on Monday. March 20 or Tuesday. March 21st.
Anyone who trades in for a million dollars or more will receive a Quantum Key Card.
The ISO 2002 legislation will be enacted on Monday. Mar 20: That has to do with all countries' asset-backed currencies being digitally in the Quantum Financial System.
Before noon on Monday. March 20 Level 4b should receive our appointments.
Juan O Savin has said that NESARA / GESARA should be announced before Saturday. April 1st.
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Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: They have opened 6 new branches in and around Baghdad. They are telling us these 6 new branches...are being set up to help collect the citizens depositing dinars. They are calling it the 2nd phase to get dinars deposited... FRANK: The CBI is setting up these large depositing areas where the Iraqi citizen can go convert his 3-zero notes into the new small category notes...The CBI is super eager to collect as many 3-zero notes as possible back. It's brilliant.
yada ...the activation of their debit, credit, and prepaid cards on Sunday so they can buy and sell internationally, would have to include a valid rate, not a program rate of 1300 to 1. Believe the float will begin and we will have to option to exchange some at the low rate or wait. Mainly, the release is upon us. I'm also of the mind since, "All Boats Rise With The Tide", we may see a slight increase in the dong also.
Markets A Look Ahead: MASSIVE Banking System BAILOUT Under Way. Make Or Break For The Market.
Greg Mannarino: 3-19-2023
The US Dollar Will Join the Zimbabwe Dollar in the Graveyard of Dead Fiat Currencies
Peter Schiff: 3-19-2023
Peter Schiff and Mike Adams discuss the banking failures and what that means for the economy, inflation, and currencies.