News, Rumors and Opinions Sunday Afternoon 3-21-2021

Mar 21

TNT:

Tishwash: Al-Jabri announces the date for the approval of a very important law and the transfer of the oil and gas law to the next session

A member of the Parliamentary Oil and Energy Committee for the Alliance of Iraqis, Sattar Al-Jabri, announced, on Sunday, the date of the vote on the Iraqi National Oil Company law after its second reading by the House of Representatives.

Al-Jabri said {to Euphrates News} that “the Iraqi National Oil Company law, which has been read {first and second}, will be submitted for a vote after the approval of the federal budget law for 2021,” describing it as “very important.”

He added, “As for the oil and gas law, the committee has sent a letter to the oil ministers, asking him to speed up sending it to the cabinet for the purpose of voting on it, and then transfer it to the parliament for preparation, maturation and passing it after the first and second reading.”

Al-Jabri also pointed out “the importance of the law prepared since 2007 in regulating oil revenues and revenues, which represents approximately 90% of the budget, and that in order to achieve justice in the distribution of wealth, this law, which has been delayed for years, must be approved.”

While he stressed “the committee’s keenness to complete this law and follow it up by the Ministry of Oil,” noting that “the law has many disagreements and differences and needs a long time to complete it,” suggesting that it will be transferred to the next parliamentary session.

The Speaker of Parliament, Muhammad al-Halbousi, confirmed the existence of stalled laws that the parliament will proceed to legislate, such as the oil and gas law, which is one of the laws stipulated in the constitution, and which will address the mechanism of dealing between Baghdad and Erbil and between Baghdad and the rest of the oil-producing provinces, and the law will be one of the council’s next priorities.

For its part, the Ministry of Oil stressed on the 25th of last February the importance of expediting the passage of the Federal Oil and Gas Law, noting that the law will work to regulate the management of oil and gas wealth in Iraq.

It is noteworthy that the Oil Ministry’s sudden announcement of the draft oil and gas law coincides with marathon negotiations between Baghdad and the Kurdistan region regarding the latter’s share in the 2021 budget and the mechanism for managing his oil file. link

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KTFA:

Samson: Starting next June ... plastic money in the Egyptian market!

21st March 2021

The cash printing house in the New Administrative Capital of the Central Bank of Egypt begins printing plastic money made of polymer, in parallel with the opening of the new printing press of the Central Bank. The bank intends to start printing and offering 10-pound notes during the month of June, for circulation in the local markets.

Earlier, responsible sources confirmed that the central bank seeks to gain full benefit from the advantages of plastic money, which European countries have reached, noting that a number of those responsible for this file have traveled to a number of European countries, England and Switzerland to know the latest developments about printing money. Polymer.

Meanwhile, Khaled Farouk, Deputy Governor of the Central Bank of the Cash Printing House, confirmed that the new polymer money will not be replaced by the money circulating in the local market, but rather they will be traded together in the market. In previous statements to "Today's News Gate," Farouk said, preparations are being made at the new central bank printing press, to conduct operational tests of new printing machines, in preparation for the start of printing plastic money, "polymer money."

According to statements by Tarek Amer, governor of the Central Bank of Egypt, it is scheduled to start printing the 20-pound denomination of polymer during the second half of this year. The Central Bank of Egypt has completed the construction work of the new printing press for the Central Bank in the New Administrative Capital, and all new printing machines that were imported from abroad have been installed, and operational experiments are currently being conducted for them. LINK

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Courtesy of Dinar Guru

RVAlready Remember, the CBI gave the GOI the new rate about 4 weeks ago, but it was not released to the public. It is simply true that the rate is a CBI matter, not a matter for discussion by parliament.

Frank26 You can see this on the CBI website - the history. You're going to find that anytime that they had a rate increase or decrease for their currency about between 80% to 70% of the time it happened in two months. Either the month of April or the month of September. That's their history...of those two months...about 90+ percent of the time it was more April than it was September. Respect the first quarter - yeah, you should.

The latest updates of the QFS with Charie Ward

The Quantum Financial System, Charlie Ward:

We were going to a Gold/Asset-backed system, along with GESARA/NESARA compliance that has been agreed upon by 209 countries.

The Quantum Financial System was the greatest financial system the world has ever known.

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Governments and banks no longer control your money.

Each country that was GESARA compliant has a bank vault of gold and gives out gold certificates that back their monies.

The QFS has already been activated.

The QFS it puts each country’s currency on a par value with every other country’s currency.

The QFS is an application within the Quantum Computer – a ledger system within the computer.

The QFS tells where the money came from and where it is right now.

There will never again be a manipulation of currency.

Gold cannot be used as a currency any more.