News, Rumors and Opinions Tuesday AM 12-27-2022
KTFA:
Clare: After years of delay and disagreement, an agreement was reached by the "majority" to pass the oil and gas law
12/26/2022
Today, Monday, the Kurdistan Democratic Party revealed the existence of a political agreement to pass the oil and gas law with the start of the new legislative term of the House of Representatives.
The leader of the party, Wafaa Muhammad Karim, told (Baghdad Today) that "there is a political agreement between all political blocs and parties to pass the oil and gas law because of its importance, with the start of the new legislative term of the House of Representatives."
And Karim said, "This law, which will regulate the relationship between Baghdad and Erbil with all the oil and financial files, will be passed by the parliamentary majority. The agreement to pass the law took place between the blocs and parties of the State Administration Coalition."
The Oil and Gas Law, which has been awaiting legislation in parliament since 2005, stipulates that the responsibility for managing the country's oil fields should be entrusted to a national oil company, and it should be supervised by a federal council specialized in this matter.
But since 2003, Baghdad and Erbil have been at odds over the issue of managing the region's oil fields.
Baghdad says that the region does not declare real oil export amounts and does not hand over those amounts to it, while Kurdistan says that exports from the oil fields in its territory must be subject to its management, whether in terms of granting licenses for new exploration , managing existing fields, or controlling production and export. For the destinations he chooses, or contracting for the purchase and development. LINK
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Courtesy of Dinar Guru
Walkingstick [via Frank26] The HCL is Iraq's National Oil Company and the National oil Company is about who gets control of Iraq's oil...the other monster is Article 140...Article 140 gives the census and the percentages of what you're going to be getting in that region...
Frank26 IMO the basket the Iraqi dinar will be inside of, once it starts to float internationally at a rate at least 1 to 1 with the American dollar it would join a basket then pair with currencies inside that basket...we thought there was going to be about 10...IMO things have changed. Do you know how much potential Iraq has? Of course you do that's why you invested into it...it's justifiable to consider there could be 29 currencies in that basket...that would have to be the largest basket of this planet earth...
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RV Excerpts From the Restored Republic via a GCR: Update as of Mon. 26 Dec. 2022
Compiled Mon. 26 Dec. 2022 12:01am EST by Judy Byington
Judy Note: Funds have been released for the Global Currency Reset, and they can’t go backward. Tier4B (us, the Internet Group) were in line to be notified for appointments in the near future. January 1 2023 would begin the Jubilee Year.
NESARA/GESARA was believed to have started as some organizations have been paid and some have received a significant raise in their social security checks.
Global Currency Reset: It was believed that last week:
Dubai 1 and 2 paid out to Sovereign Buyers; Yellow, Gold and Red Dragon Bonds and German Bonds were released, along with the codes and funds release.
Some higher ups have been paid.
NESARA/GESARA was set to start Sun-Mon 25, 26 Dec.
Iraqi citizens have been celebrating their revaluation according to domestic News Announcements.
According to Bruce Tier4B was set to receive notification this week.
It was the goal to have all currencies of the world exchanging at a 1:1 with each other by March 2023 – a situation expected to last up to five years.
Goldilocks: Iraq is in the process of implementing their electronic banking mechanisms. They have begun the process of KYC. KYC stands for Know Your Customer. This is a form that is filled out electronically to connect people to Banks. It also identifies risk factors on a person to determine if they have been a part of any fraudulent activity. KYC procedures help prevent identity theft, money laundering, financial fraud, terrorism financing, and other financial crimes. Iraq is clearly connecting themselves to the International Stage in a way we have never seen before. The KYC process enables currency and other transactions in the banking system to become available at the push of a button. Early January, the OCC will open up their office to digital transactions with the new staff of people to help oversee this new digital asset backed global transformation.
Read full post here: https://dinarchronicles.com/2022/12/26/restored-republic-via-a-gcr-update-as-of-december-26-2022/
Russia to Start Buying More Yuan in 2023
Heresy Financial: 12-26-2022
During 2020, we saw decisions that put into motion a set of actions that looks like we will continue into 2023.
As we are now seeing Russia is likely to buy Yuan on the foreign exchange market in 2023, but it does not just stop with Russia and China as we are seeing China and Saudi Arabia now in talks to deepen their relationship.
Now, some of this is nothing new. Take, for instance, the fact that the yuan currently accounts for 17% of Russia's foreign exchange and gold reserves.
But some of this is showing signs of new trends, beginning both financially speaking and geopolitical alliances.
Timecodes
00:00 Russia Plans to Acquire More Yuan Next Year
01:51 China Relations with Other Countries
Russian-European relations repaired! France and Germany receive Russian gas!
Deepin Moments: 12-27-2022
Recently, Russian Deputy Prime Minister Alexander Novak said that the EU market is still open for Russian LNG. In the first 11 months of this year, Russian LNG supplies to Europe increased.
Novak said that the Yamal-Europe gas pipeline, which mainly connects Russia with Germany and Poland, is still not operational. However, Russia is ready to resume gas supplies to Europe through the pipeline, which was suspended for political reasons.