News, Rumors and Opinions Wednesday 6-28-2023
KTFA:
Clare: The heat wave in Vietnam is affecting Iraq's tea plantation
6/28/2023
The General Company for Foodstuff Trade in the Ministry of Trade discussed with the joint Iraqi-Vietnamese company for the production of tea the production position after the heat wave and drought that hit Vietnam.
A statement by the ministry, which {Euphrates News} received a copy of, stated that the general manager of the company, Lama Hashim Al-Moussawi, confirmed during her chairing a meeting via videoconference with representatives of the joint Iraqi-Vietnamese company for the production and marketing of tea {Fudati} to follow up on the progress of work there.
Al-Moussawi indicated during the meeting to "the need to conduct the necessary treatments to reduce the damage to the tea plant and put forward proposals and ideas to change the reality of the farm, including sending a specialized team from her company that includes a group of agricultural engineers to improve production, follow-up on the crop and increase its quantities in coordination between the departments of import, quality control and financial affairs." ".
And she emphasized "the need to assign a Vietnamese company specialized in auditing accounts to prepare financial reports and indicate the farm's financial position regarding the first half of 2023 to evaluate its work during the first six months of the year." LINK
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MarkZ Update:
MARK. No podcast until 5 tonight. Airline hell....‼
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Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Due to a new 6 day holiday EID all stock market trading will be closed until July 3rd. FRANK: They are trying to talk to you again. The budget is at 64 trillion. That is impossible at a program rate.
Militia Man Everybody should know this by now...the Ministry of Justice announced the publication of the general budget is in the Iraqi fact sheet...they put it in the gazette. It's definitely taken care of on that end. What's the next thing? ...The Iraqi government will come out and will send to the parliament after EID the instructions on the budget. Why is that important? Because the instructions are going to be telling...
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TNT:
Tishwash: Iraq Payment to Iran not in breach of US Sanctions
US State Department spokesperson Matthew Miller (pictured) has explained the background to Iraq's payment of its debt to Iran, despite the sanctions that are in place with regard to Iran.
At a press briefing, he was asked:
"Iraqi electricity ministry, they told the state media that Iraq has paid off all the debts for gas imports from Iran, which - about 11 trillion Iraqi dinar. How do you give Iraq a green light to pay all of this money to Iran? And were there any negotiation or a mini-deal between the U.S. and Iran to this matter?"
Mr Miller responded:
"I will just say there has been no change in our policy towards Iran or Iraq. The Biden Administration continues to implement all U.S. sanctions on Iran. Since 2018 the Department of State has provided a number of waivers - you've heard me speak to these in the past - in consultation with Congress that allow Iraq to pay for electricity imports from Iran, by transferring funds into a restricted account in Iraq.
"Consistent with U.S. sanctions, these funds can only be accessed for humanitarian and other non-sanctionable transactions. The money only goes to approved third parties. They are not transferred to Iran directly, and we the United States continue to approve transactions for the use of funds on a case-by-case basis." link
EXPECT A WORLDWIDE BANKING SYSTEM CRISIS/COLLAPSE.. Biden Declares VICTORY On The Economy.
Greg Mannarino: 6-28-2023
SILVER ALERT! BofA Delivers 2Moz of COMEX Silver at END of June Delivery! Now Comes JULY!
(Bix Weir) 6-28-2023
The signs of Physical Silver shortages are EVERYWHERE! The latest is the absence of 50% of the silver called for June delivery was NOT DELIVERED until the very last week in June. WHY?!
Turns out that Bank of America is the culprit that waited until the final days of June to delivery 1/2 of all the silver called for delivery on the COMEX June Contract! How could that be with over 1.2 Billion ounces of Silver OTC Derivatives attributed to them just 1 year ago?
That means they DID NOT HAVE THE PHYSICAL SILVER to deliver until the very end of the month!
Now comes the JULY delivery month...HOW MUCH WILL THEY OWE IN JULY?