
More News, Rumors and Opinions Friday Afternoon 2-3-2023
KTFA:
Suzie: Now that we're going into February and have a new PM and a new CBI Gov, and they care so much about their people and economy, reserves at the highest, supposedly all these hundreds of companies pouring into Iraq hooked into Buna Swift, the AMF all the banking updates, nscns ready, IMF and US telling them to get this done, ascension to the WTO, countries signing major contracts, and on and on, why can't this prettiest girl at the prom still not find her way there? Iran?? I thought they pretty well got rid of that "influence" and all I'm doing is asking this all in MY OPINION, and honesty, what's taking so long if they're in such a hurry? Just askin', not looking for an argument or to get moderated, just askin'.........
Cashflow: Hi Suzie, I agree 100% with you. But correct me if Im wrong but is this not the same scenario as Kuwait did? I personaly think imo after the meeting on tuesday in Washington we will see something happen. Boom all of a sudden. You have to have faith because if you dont then what do have? Just IMO.
KTFA:
Suzie: Now that we're going into February and have a new PM and a new CBI Gov, and they care so much about their people and economy, reserves at the highest, supposedly all these hundreds of companies pouring into Iraq hooked into Buna Swift, the AMF all the banking updates, nscns ready, IMF and US telling them to get this done, ascension to the WTO, countries signing major contracts, and on and on, why can't this prettiest girl at the prom still not find her way there? Iran?? I thought they pretty well got rid of that "influence" and all I'm doing is asking this all in MY OPINION, and honesty, what's taking so long if they're in such a hurry? Just askin', not looking for an argument or to get moderated, just askin'.........
Cashflow: Hi Suzie, I agree 100% with you. But correct me if Im wrong but is this not the same scenario as Kuwait did? I personaly think imo after the meeting on tuesday in Washington we will see something happen. Boom all of a sudden. You have to have faith because if you dont then what do have? Just IMO.
KTFA Cont…..
Billuke: The mistake that people have made over the years in dinarland is to equate what happened in Kuwait to Iraq. Two different situations and animals. If one can find the NY Times article: AFTER THE WAR; No Electricity but Kuwait Reopens Its Banks from March 25, 1991, and other articles from around that time, you'll see it was a quick reopening of Kuwait's economy after the war.
DeepWoodz: Suzie…. Sounds like from what you said, Iraq is still clawing back those 000 notes! Liquidity of the dinar and the dollar drying up at the same time?! Sounds freakin awesome! That can only mean one thing, right?! All imo
****************
From Recaps Archives
NY TIMES(Kuwait RV): Published: March 25, 1991 It still has no water and little electricity or food, but Kuwait revived its banking system today, introducing a new currency......Banks reopened for the first time since Iraqi occupation forces shut them down in December.
Thousands of people lined up to exchange their old Kuwaiti dinars for crisp new ones and to withdraw a limited amount of money.....The Central Bank is canceling the value of Kuwaiti dinars that were seized from the Central Bank and put into circulation by the Iraqis.
The invalid serial numbers were posted today in front of all banks in the city....All other old dinars can be exchanged for new ones on a one-to-one rate until May 7, when the old dinars become invalid. The new official exchange rate is 3.47 American dollars for one new Kuwaiti dinar.
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Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani still saying he wants to strengthen our currency. He came out early this morning and he said this is his objective. This is on top of what he is saying yesterday about returning the rate to what it should be. This is encouraging.
Frank26 What have I told you is the reason why we do not have the reinstatement of the Iraqi dinar? It's Iran...there's only one reason...that's what they're dealing with, the corruption of Iran. And the meeting they are going to have [In Washington] is very powerful. It deals with the exchange rate and corruption of Iran.
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TNT:
Tishwash: The most prominent of which is the "tax holiday".. 5 positive outcomes of the Sudanese meeting with the heads of the chambers of commerce
Today, Friday, the head of the chambers of commerce in Diyala, Muhammad Mulla Jawad al-Tamimi, revealed the most important results of the expanded meeting with Prime Minister Muhammad Shia al-Sudani in Baghdad yesterday.
Al-Tamimi told (Baghdad Today) that "the expanded meeting of the heads of the chambers of commerce in the provinces with the Prime Minister, Muhammad Shia' al-Sudani, and economic and financial elites in Baghdad, yesterday evening, was positive about presenting important files to contain the dollar crisis and give the markets guarantees that contribute to stability during the coming period." the next stage.”
He added, "Al-Sudani followed the implementation of the decisions issued by the previous meeting, while the Central Bank demanded the urgency of issuing instructions for credits and transfers according to the proposed ceilings and determinants as quickly as they represent the cornerstone of Iraq's foreign trade."
And he continued: "Al-Sudani also followed up on the implementation of the decisions issued to the tax and customs departments, which will greatly contribute to facilitating the adoption of the new mechanism for foreign trade proposed by the Central Bank, and this is what matters to the merchant in carrying out his daily work."
He pointed out that "the president of the federation and the importing merchants presented at the meeting a set of proposals and solutions, the most important of which is a request for a tax and customs holiday for a period of five years.
And he continued, "We also called for facilities to open bank accounts for small merchants and facilitate their work procedures in light of the new transformation, as they are the majority segment, with an emphasis on adopting the banking system in implementing the internal transfer through the Iraqi payment system by adopting the RTGs & CT system to transfer the internal transfer between government and private banks."
He pointed out that "the meeting touched on discussing the decisions issued regarding reliance on the local currency in all government and private departments and the need to implement electronic payment services in them to achieve many goals that contribute directly and indirectly to the new economic system," stressing that "the meeting resulted in 5 positives in general."
Through consensus and the flexibility of Al-Sudani in accelerating the pace of procedures to create flexibility in financial dealings.
Yesterday, Thursday, Prime Minister Muhammad Shia al-Sudani chaired the second meeting of the Federation of Chambers of Commerce and the Association of Iraqi Banks, as well as other bodies; Taxes, customs, border crossings and the central bank, while the meeting witnessed a discussion of the economic situation at the national level in light of the exchange rate fluctuations, and their effects on the Iraqi market. link
The Fed Can’t Fight What It Doesn’t Understand - Ep 869
Peter Schiff: 2-2-2023
· As expected, the Fed did exactly what was expected.
· Gold trades highest it’s been in almost a year.
· Government causes inflation, not consumers.
· Investors are seeing through the outliers when it comes to stronger economic data.
· Congress acts shocked to discover fraud with PPP loans.
UNBELIEVEABLE! The Data Is 100% FAKE! But You Haven't Seen ANYTHING YET!
Greg Mannarino: 2-3-2023
Heresy financial and Liberty and Finance Friday 2-3-2023
The Fed's Secret Plan to Confiscate Gold from the Very Beginning
Heresy Financial: 2-2-2023
You will not believe what I just stumbled across on Twitter. I have never seen this before. I had no idea that the fed's plan to confiscate gold from America went back to its very inception.
Obviously, we know that FDR confiscated the gold from Americans in a misguided attempt to try and save the nation from the Great Depression, consolidate the gold, raise the price that he could issue more currency and inflate the price of everything to try and stop the Depression because he thought the cause of the depression was prices going down.
So, if we can cause inflation, prices go up and that affects everything. Obviously, that is the stupidest, most idiotic form of top-down centralized control of an economy.
But the plan to confiscate gold from Americans went back far before we ever got to FDR.
The Fed's Secret Plan to Confiscate Gold from the Very Beginning
Heresy Financial: 2-2-2023
You will not believe what I just stumbled across on Twitter. I have never seen this before. I had no idea that the fed's plan to confiscate gold from America went back to its very inception.
Obviously, we know that FDR confiscated the gold from Americans in a misguided attempt to try and save the nation from the Great Depression, consolidate the gold, raise the price that he could issue more currency and inflate the price of everything to try and stop the Depression because he thought the cause of the depression was prices going down.
So, if we can cause inflation, prices go up and that affects everything. Obviously, that is the stupidest, most idiotic form of top-down centralized control of an economy.
But the plan to confiscate gold from Americans went back far before we ever got to FDR.
Timecodes
0:00 Video Introduction
0:54 The Issue with Fractional Reserve Banking
7:21 Replacing Gold Certificate with Federal Reserve Notes
11:37 People Were Still Hording Gold
14:09 Induced to Liberty Bonds and War Savings Stamps
Financial Repression Is Here; Expect Worse Inflation | Mario Innecco
Liberty and Finance: 2-3-2023
Inflation has not peaked longterm, says Mario Innecco. He forecasts that another wave of inflation is coming. Financial repression is what is occurring and is going to get worse as people cannot earn an interest rate return higher than inflation.
Owning precious metals can protect individuals against this central bank theft.
0:00 Intro
1:38 Fed meeting
3:40 Central banks
6:00 Inflation
9:14 Financial repression
16:20 Gold & liberty
MarkZ and Michael Cottrell Friday Morning Chat 2-3-2023
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Friday Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Welcome to another weekend
Member: Hoping today is the day!!
Member: Good morning! Hoping for good news..I am sending psychic vibes and visualizing going to the redemption centers. Blessings to everyone!
Membe: REALLY confused as to how we went from estimating SO CLOSE a few short days (probably no MrC) to kinda "whenever"...what changed?
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Friday Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Welcome to another weekend
Member: Hoping today is the day!!
Member: Good morning! Hoping for good news..I am sending psychic vibes and visualizing going to the redemption centers. Blessings to everyone!
Membe: REALLY confused as to how we went from estimating SO CLOSE a few short days (probably no MrC) to kinda "whenever"...what changed?
MZ: We are still really close. Nothing has changed on this front at all. We are all just trying to stay grounded in these last yo-yo days.
Member: How long did Kuwiat yo-yo before they RV’d?
MZ: Just a couple of weeks. They yo-yo’d a couple of weeks and then complete silence for about 10 days as they RV’d in-country . But, this was before the internet and before cell phones.
MZ: Been texting with Sheila…Here is what she said “They traded in the ISX all week long and celebrated with fireworks last night over it.” (in Iraq Proper) …but no breaking news on the Sheila front.
Member: I wonder what were the fireworks for?
MZ: Here is what we are hearing. On the northern European side….they saw something encouraging overnight. I got this from one source originally…and then heard it from a couple others in defferent regions and areas….that they were showing .68 cents for the dinar against the US dollar. Reviving the rumor of a possible quick float.
MZ: I was told that even if it floats it will not affect our contract rate….ours will be collected with the “Oil for Dinar Contract” unless you just go into the regular bank….in which case…the float/street rate is what you will get.
MZ: That rate may be inaccurate…but it is interesting we are getting that yo-yo on the banking screens. Most of my sources believe it’s locked in at a $3.90 street rate.
MZ: The bond people are still hearing ”hey, be here tomorrow …they are to do this over the weekend” They hear the 3a groups over the weekend and the 4a tier getting funds the first of the week and us in the 4b group going to the banks/Redemption Centers. We will see.
MZ: the chatter remains good though. It is constant right now…Things are fluid ……Probably the most encouraging parts are what we are hearing out of Nader, MilitiaMan and Dr. Pruitt. We are seeing so many sources on the ground in Iraq giving us supporting evidence and news on the impending change.
Member: What is your opinion on timing?
MZ: Maybe a week…maybe two…tops as we watch this all play out. The weekend really does look good.
Member: Militia Man with a good Youbey Tubey last night! Was happy to hear an in depth breakdown of the Central Bank.
MZ: He had a really good review on what is going on in Iraq. Be sure to go listen to his youtube and like and subscribe. He has given so much over the years….be sure to support him …he gives a great overview of what we have seen in Iraq the last few weeks. .
Member: Mark Important, Iraq and Zimbabwe have joined B.R.I.C.K.S. Vietnam has applied to join, they have to be asset backed. Per Charlie Ward.
Member: I wonder what they want to get done before they flip the switch?
Member: Maybe they are waiting for things to be safe and secure?
Member: We will be waiting forever if we have to wait for things to be "safe.' That's an excuse to keep us hanging.
Member: Let the RV appointment games begin! Hopefully, not the "Hunger games."
Member: May the sun shine into each of your lives today!
Member: I am praying good news and good fortune for everybody today.
MZ: I am taking the night off tonight….friends coming in to visit. I am expecting news from groups and bond folks overnight tonight…..so I will be here tomorrow morning at 11 est.
Mr. Cottrell joins the stream about minute 15:00. Please listen to the replay for his opinions.
“THE INFO IN THIS PODCAST IS FOR GENRAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY"
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram
NO PODCAST TONIGHT UNLESS THERE IS BIG NEWS…….the next stream is tomorrow at 11 AM est….
MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.
THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE
MZ: Zim payouts I hear may be traunched…..a structured payout over time…….What is a traunch? https://www.investopedia.com/terms/t/traunch.asp
MZ: JFK Secret Societies Speech in case we forgot https://www.youtube.com/watch?v=ItOPg2l7-t0
JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401
Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html
MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y
Mod: Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME
MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road
You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate
Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz
MARKZ and SALTY TOES have worked hard to build a COMMUNITY that people can trust. You can connect with MarkZ at The Seeds of Wisdom Team Community and website. Just visit the Seeds of Wisdom Team Website, join the Seeds of Wisdom Telegram Community, and Subscribe to receive email updates. https://seedsofwisdomteam.com/
Follow Mark on odysee ( formerly known as library) at https://odysee.com/@theoriginalmarkz:e
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
"Tidbits From TNT" Friday Morning 2-3-2023
TNT:
CandyKisses: The start of the second meeting between the Iraqi delegation and the US federal on the dollar
Baghdad - Mawazine News
The second meeting between the Iraqi delegation and the US Federal Bank on the dollar began a while ago.
"The meeting held in Turkey will complement yesterday's meeting," a source familiar with the matter told Mawazine News.
A member of the Parliamentary Finance Committee Mustafa Jabbar Sanad revealed, at dawn on Friday, the details of the meeting between the Iraqi delegation and the US Federal Bank held in Turkey.
"A meeting was held in Turkey between the Iraqi delegation and a delegation representing the US Federal Reserve to discuss the situation of the dollar," Sanad said.
He added, "The meeting is over and a number of things have been agreed upon and the meeting will be renewed tomorrow in Turkey as well and then the expanded meeting in Washington on 8.2-2023."
TNT:
CandyKisses: The start of the second meeting between the Iraqi delegation and the US federal on the dollar
Baghdad - Mawazine News
The second meeting between the Iraqi delegation and the US Federal Bank on the dollar began a while ago.
"The meeting held in Turkey will complement yesterday's meeting," a source familiar with the matter told Mawazine News.
A member of the Parliamentary Finance Committee Mustafa Jabbar Sanad revealed, at dawn on Friday, the details of the meeting between the Iraqi delegation and the US Federal Bank held in Turkey.
"A meeting was held in Turkey between the Iraqi delegation and a delegation representing the US Federal Reserve to discuss the situation of the dollar," Sanad said.
He added, "The meeting is over and a number of things have been agreed upon and the meeting will be renewed tomorrow in Turkey as well and then the expanded meeting in Washington on 8.2-2023."
CandyKisses: Economist: All oil revenues reach the Federal Bank before they are sent to Iraq
Economic expert Nasser Al-Kinani confirmed today, Friday, that all oil revenues come to Iraq through the US Federal Bank, pointing out that the bank has authority over the dollar and is aware of all financial transfers of this currency.
Al-Kinani told Al-Maalouma, "The US Federal Bank has complete control over Iraqi oil revenues, as Iraqi oil is not sold except through this bank so that the revenues are placed inside it."
He added, "All money transfers are subject to the control and authority of the Federal Bank, and any defect that occurs in it, the transfer stops and is rejected, which confirms the control of this bank over the dollar for Iraq."
And he indicated that "Iraq cannot receive oil imports directly from oil-importing countries, especially since it is sold in dollars, and this currency is not owned by Iraq, but rather belongs to the United States and the Federal Bank, which imposes its authority on this currency and follows up on its transfers and circulation in other countries. link
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Tishwash: A demonstration in Baghdad to demand a reduction in the price of the dollar against the dinar
A number of citizens demonstrated today, Friday, in Tahrir Square, in central Baghdad, to demand a reduction in the price of the US dollar against the Iraqi dinar.
The camera of Shafaq News agency documented the presence of a number of citizens in the square, chanting slogans against the high price of the dollar and its reaching unprecedented levels.
In an interview with Shafaq News agency, protesting citizens expressed their dissatisfaction with this rise and its impact on entire segments of society, in light of the lack of realities, with a continuous rise in the price of the US currency against the Iraqi dinar.
Calls were launched a few days ago to mobilize this demonstration, while the impact of the dollar's rise was clear in all commercial transactions and the state of economic paralysis hit the Iraqi market. link
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Tishwash: Deputy: Forming a specialized committee to control exchange rates and restore them to their previous state
Deputy Chairman of the Parliamentary Services Committee, Baqir Al-Saadi, confirmed the formation of a specialized committee to control the exchange rates of the dollar and restore it to its previous state.
Al-Saadi said, "We are awaiting a drop in the dollar's exchange rates in the coming days," noting that "the reasons that aggravated the matter more were that some merchants stopped exchanging dollars."
Al-Saadi indicated, in an interview with the "Euphrates News" agency, followed by "Al-Iqtisad News", to "the formation of a specialized committee that includes the Ministry of Finance and the Central Bank to control exchange rates and restore them to their previous state."
Al-Saadi expected, "the exchange rate will return during the current month, at the lowest estimates, and full support will be provided to citizens due to the market's vulnerability to these prices." link
Mot: ... ooooooooh lordy!!! ~~~~~~
Mot: ..... Ahah!!! - the Truth Surfaces! ~~~
News, Rumors and Opinions Friday AM 2-3-2023
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Fri. 3 Feb. 2023
Compiled Fri. 3 Feb. 2023 12:01am EST by Judy Byington
Global Currency Reset:
Thurs. 2 Feb. Walkingstick (an Iraqi Banker) via Frank26 on Dinar Detectives: Iraq was making the switch from an internal program rate to an open international free market for the IQD.
Thurs. 2 Feb. MarkZ: “What I am hearing from banking centers, bond folks ect was that it has been a week of “Groundhog Days” for them. They went in Monday and were told “tomorrow.” They went in Tuesday and sat there all day, and then were told “tomorrow.” They went in Wednesday, same thing. They are very frustrated but were told that ‘it is so close we need you here daily until they finish this thing.’
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Fri. 3 Feb. 2023
Compiled Fri. 3 Feb. 2023 12:01am EST by Judy Byington
Global Currency Reset:
Thurs. 2 Feb. Walkingstick (an Iraqi Banker) via Frank26 on Dinar Detectives: Iraq was making the switch from an internal program rate to an open international free market for the IQD.
Thurs. 2 Feb. MarkZ: “What I am hearing from banking centers, bond folks ect was that it has been a week of “Groundhog Days” for them. They went in Monday and were told “tomorrow.” They went in Tuesday and sat there all day, and then were told “tomorrow.” They went in Wednesday, same thing. They are very frustrated but were told that ‘it is so close we need you here daily until they finish this thing.’
Mark cont……..They are pushing them hard to not leave or go anywhere over this weekend. …They are very frustrated and have been expecting this every day since Monday. Nerves are very frayed at this point, but they know we are painfully close.”
Thurs. 2 Feb. Bruce The Big Call Thebigcall.net 667-770-1866pin123456#
Redemption Center personnel were wearing tracking bracelets that keeps them from communicating. Banking personnel were under NDAs.
Some Bond Holder Whales received emails on Thurs. 2 Feb. morning suggesting they would have access to their funds.
Other Bond Holders were waiting to get notified on Fri. 3 Feb.
On Wed. 1 Feb. Iraq officially reinstated their Dinar.
The Dinar RV’d on Thurs. 2 Feb. at a higher rate than expected. Announcement may not come for a couple of days.
Today Thurs. 2 Feb. NESARA was to be announced here, plus GESARA was to be announced by Charlie Ward in South Africa, but we don’t know if that happened.
Political change may happen this weekend, or may not happen for a couple of weeks.
Judy Note on the GCR: It was my personal opinion that:
At any time Tier 4B (us, the Internet Group) could receive notification to set currency exchange and Zim Bond redemption appointments.
On Sun. 29 Jan. 2023 the ISX Iraqi Dinar was listed on the Nasdaq.
As of Tues. 31 Jan. 2023 the US Inc. fiat Dollar officially transitioned to the new gold/asset-backed US Note.
As of Wed. 1 Feb. 2023 the US Inc. fiat Dollar was no longer recognized as legal tender anywhere in the world; banks were using the new Quantum Financial System.
On Friday 3 Feb. all Basel 4 Compliant banks were expected to go public with the new gold/asset-backed currency International Rates.
Martial Law was ready to go with the Emergency Alert System used as needed.
On Mon. 20 March 2023 implementation of a new instant payment by the banks would begin. It was also the deadline to have all 209 major countries’ currencies of the world to be on a gold/asset-backed standard and exchanging at a 1:1 with each other – a situation expected to last up to five years.
Read full post here: https://dinarchronicles.com/2023/02/03/restored-republic-via-a-gcr-update-as-of-february-3-2023/
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Courtesy of Dinar Guru
Militia Man The whole premise here and goal is to get Iraq off the dollar...sadly it's going to be a tough road...any day now we'll see actions on that...
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani said today he was going to put the dollar back to its true rate. FRANK: That matches the articles. He's talking to the citizens. He's trying to calm them. FIREFLY: He didn't say when but he's going to put it to its true value.
Walkingstick [via Frank26] They are making the switch from an internal program rate to an open international free market for the IQD.
IRAQ DINAR IN FOCUS - CENTRAL BANKS
MilitiaMan and Crew: 2-3-2023
Michael Burry is Correct... THE BIGGEST STOCK MARKET CRASH EVER IS COMING! Just Not Now.
Greg Mannarino: 2-2-2023
Thursday Evening Chat with MarkZ "Groundhog Day" 2-2-2023
Someone please grab this groundhog. Evening News with MarkZ 02/02/2023
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Evening Everybody!!! Hope you had a good day.
Member: Hello and happy groundhog day
Member: I will never watch that movie again after living Groundhog day over and over again in Dinaarland
Member: In true southern style we are having fried ground hog tonight for supper! Anyone want to come???
MZ: For those that don’t know… Punxatawny Phil saw his shadow today…predicting 6 more weeks of winter. So bundle up just in case he is right.
Someone please grab this groundhog. Evening News with MarkZ 02/02/2023
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Evening Everybody!!! Hope you had a good day.
Member: Hello and happy groundhog day
Member: I will never watch that movie again after living Groundhog day over and over again in Dinaarland
Member: In true southern style we are having fried ground hog tonight for supper! Anyone want to come???
MZ: For those that don’t know… Punxatawny Phil saw his shadow today…predicting 6 more weeks of winter. So bundle up just in case he is right.
Member: (From Dinar Guru) Mnt Goat Conversation with my contact in the CBI (continued) Question: Isn’t the value of the dinar much greater than the value of the US dollar fiat currency? So why are we not seeing the true rate of the dinar? Answer: You pose a tricky question to me. Yes, I agree the rate should be much higher, at least 1:1 with the dollar but I believe much more and more like 4:1. But there is a process in place to get there, we are implementing it now that Ali Mohsen Al-Alaq has returned. We are looking forward to working diligently with all advisors and global leaders. It will not be long.
MZ: I will agree with this one 100%
Member: I do not understand why you talk about Iraq so much when we are waiting on the US Treasury?
MZ: Because Iraq is like the canary in the coal mine. It is the easiest place to watch. And Iraq is the biggest piece of the puzzle for the reset. We watch Iraq and global markets and bond inversions. We are now in the midst of a bond inversion ….We were told this is what we would see when the reset becomes a forced necessity…..and that when that happens we are close.
Member: I wonder can the US prevent Iraq from re-evaluating?
MZ: “Deputy: The central bank will issue new instructions within 2 days to control exchange rate fluctuations.” This is a new article that came out today.
MZ: “Iraq recovers 80 million USD stolen in the “:Theft of the Century” They still need to find the rest of the 2.8 billion that was stolen.
MZ: “ Targeting Iran , US tightens Iraq’s dollar flow causing pain” They are weoponizing currencies in Iraq because they are ad at Iran.
MZ: What I am hearing from banking centers, bond folks ect……..It has been a week of “Groundhog Days” for them . They went in Monday …they were told “tomorrow:. They went in Tuesday and sat there all day……they were told “tomorrow” . They went in Wednesday …..they are very frustrated but were told that it is so close we need you here daily….until they finish this thing. They are pushing them hard to not leave or go anywhere over this weekend.
MZ: They are very frustrated and have been expecting this every day since Monday. Nerves are very frayed at this point. but they know we are painfully close. I hope the pain will be worth it when we cross that finish line.
MZ: As of now the Redemption Center crew has no idea if they are working this weekend or not. They are expecting to maybe be on call. They will get an update tomorrow morning.
Member: Mark what do you think about the devaluation on the Lebanon currency? Is this an indication the new system is about to go down maybe?
MZ: I think it shows how fragile things are and how close we are as they are being forced into a corner. We are watching many countries currencies implode all around the world . They are going to have to do something or billions of people may starve . To me it is an indicator of how much they need a reset.
Member: We know we are waiting for something to happen before we go. I wish someone would just tell us what we are waiting for.
Member: Wish the white hats would hurry up
Member: The problem with The White Hats is they see the pain but they don't feel the pain
Member: Mark, I'm thinking white hats are storm troopers from star wars. they can never hit the target either
Member: White Hats are just a rumor and don't actually exist. If they did they should have done this already
Member: Did you see the photo today of Charlie Ward in a gold tie & gold handkerchief?
Member: Dr Kia had good info today on the history of the gold back currency.
MZ: Dr. Pruitt released another video during our podcast this morning and then came here to join us…..She heard a rate of $3.90 from a contact if hers in the country of Iraq. It would not surprise me.
Member: Do You think we’re ever going to cross this finish line?
Member: The world will die if we don’t…….
Member: everyone thinks they're kicking the can but I beg to differ nobody knows the date nobody knows the hour or the minute so you can't kick it if you don't know it
Member: thanks Mark and mods…see you all in the A for coffee.
“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
The next stream is tomorrow at 10Am est…….unless.
Thursday "Vietnam News" Posted by Henig at KTFA 2-2-2023
KTFA: Vietnam
Henig: Hanoi eyes 950 firms in support industries this year
06:00 | 02/02/2023
Hanoi has set a target to have about 950 enterprises operating in the field of supporting industries this year, an increase of approximately 20 compared to 2022.
Of the total, there will be about 300 - 350 firms with production systems and products with international standards and sufficient supply capacity serving participation in the global production network of multinational conglomerates in Vietnam.
As a result, industrial production value of the industries is expected to account for some 16 - 17% of the capital city processing and manufacturing production value, with the development index of the industries exceeding 11-12%, an annual rise of about 1%.
KTFA: Vietnam
Henig: Hanoi eyes 950 firms in support industries this year
06:00 | 02/02/2023
Hanoi has set a target to have about 950 enterprises operating in the field of supporting industries this year, an increase of approximately 20 compared to 2022.
Of the total, there will be about 300 - 350 firms with production systems and products with international standards and sufficient supply capacity serving participation in the global production network of multinational conglomerates in Vietnam.
As a result, industrial production value of the industries is expected to account for some 16 - 17% of the capital city processing and manufacturing production value, with the development index of the industries exceeding 11-12%, an annual rise of about 1%.
To this end, the local authorities will hire experts for technical consultation, as well as assist firms in receiving technology transfer, conducting research and development activities, and applying management systems meeting global supply chains’ requirements, among others.
The city also planned a support industry expo this year with a scale of between 200 and 300 stalls, attracting the participation of international companies from Japan, Taiwan (China), Hong Kong (China), and Thailand.
Source: VNA LINK
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Henig: Vietnam pursues green foreign trade
06:00 | 02/02/2023
(VEN) - Vietnam reached a record foreign trade value of an estimated US$750 billion in 2022. Vietnam Economic News’ Phuong Lan spoke with Tran Thanh Hai, Deputy Director of the Ministry of Industry and Trade’s Agency of Foreign Trade about export growth and efforts to promote green, sustainable foreign trade.
Could you tell us about Vietnam’s trade achievements in 2022?
In the first 11 months of 2022, despite numerous difficulties in the world market, Vietnam earned export revenue of US$342.2 billion, up 13.4 percent from the same period of 2021. The 2022 figure is expected to increase 11-12 percent over 2021’s, exceeding the target set by the government. Vietnam exported US$10.7 billion and is expected to export US$10-12 billion more than it imported in the first 11 months and the whole year of 2022, respectively.
Processed industrial products yielded export revenue of US$294.6 billion in the first 11 months of 2022, up 13.4 percent from the same period in 2021 and accounting for 86.1 percent of the country’s total.
Meanwhile, farm produce and seafood exports grew 11.6 percent, and fuel and mineral exports soared 34.2 percent.
Exports to all markets recovered compared to 2021. According to the General Department of Vietnam Customs, in the first 11 months of 2022, exports to the US, China, the Republic of Korea (RoK), and countries and territories that are Vietnam’s FTA signatories, including the EU, ASEAN (Association of Southeast Asian Nations), Australia, Canada, and Japan maintained significant growth.
What is your assessment of Prime Ministerial Decision 493/QD-TTg on Vietnam’s goods import and export strategy to 2030?
The government set a 6-7 percent annual goods export growth target for the 2021-2030 period. Under the strategy, Vietnam will seek sustainable export development instead of rapid export growth, which will be promoted with a harmonized export structure, green, fair and balanced trade, short- and long-term development goals, social equality, and environmental protection. The target is lower than the two-digit export growth Vietnam achieved even in difficult periods but it reflects the government’s goal for environmental and natural resource protection, as well as a better future for the nation’s younger generations. Businesses need to pay due attention to this orientation in order to reach sustainable export development.
What is your assessment of 2023 export prospects?
The world economy and global trade are expected to face further difficulties in 2023. Meanwhile, free trade agreements (FTAs) with tariff reduction roadmaps, socioeconomic recovery programs, and efficient domestic and foreign investment attraction will become the driving force of production and export development. Vietnamese businesses are expected to further take the initiative in creative new market approach, and make use of FTA advantages to maintain and develop exports in 2023.
They need to further improve competitiveness and create high-quality, reasonable-price products that meet standards of discerning foreign markets. Business associations and sectors need to continue connecting state management agencies with businesses, and protect the legitimate rights and interests of enterprises in international trade disputes.
Phuong Lan LINK
Henig: Vietnamese university up 97 places in Webometrics ranking
10:00 | 02/02/2023
Vietnam National University (VNU) - Hanoi climbed 97 places to rank 661st in the latest Webometrics Ranking of World Universities in 2023, which was announced on February 1 by the Cybermetrics Lab, a member of the Spanish National Research Lab.
Vietnam National University (VNU) - Hanoi climbed 97 places to rank 661st in the latest Webometrics Ranking of World Universities in 2023, which was announced on February 1 by the Cybermetrics Lab, a member of the Spanish National Research Lab.
The university also remains the No.1 among the top 10 Vietnamese establishments named in the list. Others include Ton Duc Thang University, Duy Tan University, Nguyen Tat Thanh University, Hanoi University of Science and Technology, Ho Chi Minh City University of Technology, University of Economics Ho Chi Minh City, Industrial University of Ho Chi Minh City, Da Nang University and Can Tho University.
Since 2004, the Webometrics Ranking is published twice a year, covering more than 31,000 higher education institutions worldwide.
It is a ranking chart to assess the digitalisation capacity and impact, academic resources of higher education institutions based on indicators of volume of the website content (presence), the extent of website system and online information’s impact (impact/visibility), openness on academic resources on Google Scholar (openness), and scientific citation index on Scopus database system (excellence) of a higher education institution.
Source: VNA LINK
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Henig: Garment, footwear exports aim to reach US$80 billion by 2025
07:00 | 02/02/2023
Under the development strategy approved by the Government, for the long term, the garment, textile, leather and footwear sectors are still key export industries of the economy.
Việt Nam's textile, garment and footwear sectors aim to achieve a total export value of US$77-80 billion in 2025 and $106-108 billion in 2030, according to the strategy for the development of Việt Nam's textile and footwear industry.
Under the development strategy approved by the Government, for the long term, the garment, textile, leather and footwear sectors are still key export industries of the economy.
Of which, the textile, garment, leather and footwear sectors continue to promote investment in the production of materials and auxiliary materials, as well as supporting industries.
They will encourage the production of fabrics from domestically produced yarn to reduce imports, and form a complete supply and value chain in the region.
For the leather and footwear industry, Nguyễn Đức Thuấn, chairman of Lefaso, said domestic enterprises needed to actively adapt to the requirements of the market and brands on sustainable development standards for products. They must reduce emissions in the production process, and increase the use of solar energy and highly sustainable products.
Also, according to the strategy, Việt Nam's textile and garment industry expects export turnover to reach $50-52 billion in 2025 and $68-70 billion in 2030.
The strategy also states that developing the fashion industry is considered a new direction. Accordingly, this sector will focus on developing designers, and raw material supply, production and distribution systems to form supply chains and create sustainable foundations for the development of Việt Nam's fashion industry as well as fashion centres in Hà Nội and HCM City.
The strategy encourages enterprises to gradually switch their production methods to FOB (free on board) and ODM (original design manufacturer) to add value to products, and build a private brand to improve the competitiveness of the businesses and products.
Materials are the most difficult factor in the textile and garment industry. Therefore, to promote the development of the textile and garment supporting industry, the textile and garment industry strives to have a localisation rate at 51-55 per cent in 2021 - 2025 and 56-60 per cent in 2026-2030.
To achieve this goal, it is necessary to attract investment in the development of supporting industries and the production of raw materials and accessories for the textile and garment industry based on advantages in the free trade agreements Việt Nam has joined.
The projects to develop the supporting industry and the production of raw materials and accessories should be built in regions with a number of textile and garment enterprises to reduce transport charges and production cost and improve competitiveness.
The strategy also mentions the role of State management agencies in encouraging enterprises to invest in producing fiber, yarn, textile and dyeing with advanced technology and connections with domestic garment enterprises.
This approved textile and garment development strategy will help form industrial parks with wastewater treatment areas to attract textile and dyeing projects. Now, the infrastructure for textile, dyeing and fabric production is still limited.
Domestic fabric production only reaches 2 billion metres per year, meeting 25-30 per cent of the demand of the garment industry. Việt Nam's textile and garment industry currently must import 60-70 per cent of the raw materials. Việt Nam has joined many FTAs, creating conditions for textiles and garments to expand export markets with the tariff gradually reducing to zero.
According to Chairman of the Việt Nam Textile and Apparel Association Vũ Đức Giang, in the first quarter of 2023, the number of export orders decreased by 25-27 per cent due to the decrease in global purchasing power.
Therefore, businesses can produce lower-value products, and diversify markets and products to keep production and promote growth.
Chairman of Vinatex Lê Tiến Trường said that many businesses now only ran 70-80 per cent of production capacity due to a reduction in consumer demand. So, Vinatex was now focusing on raw material production more than garment production. The materials were always the first step in greening, creating a foundation for qualified materials as green requirements of the US and Europe.
Vinatex had organised the production of yarn products from recycled materials or organic materials. At the same time, the raw material production factories were equipped with solar power to meet green energy standards.
According to forecasts, the situation of Việt Nam's textile and garment industry in 2023 would be worse than in 2022. Therefore, businesses needed to follow the market's developments to have flexible solutions to ensure efficiency in production and business, as well as promote the export of goods, Trường said.
Source: VNS LINK
Thoughts from Lynette Zang and Mike Maloney Thursday 2-2-2023
Lynette Zang
Hidden Truths Behind the USD and What's Next in the Economy
2-2-2023
When it comes to the economy and what's about to happen to not just the US dollar but the entire global fiat monetary system.
You're either well-researched and many of your friends and family think you're crazy or you're just starting your research and you're not even convinced that there is a major problem yet.
I mean, gosh, we've had problems before. Haven't they always gotten through it? This is the video that shows you the truth of where we are from, their own data, what brought us here, and the next most likely outcomes, which could absolutely make or break your financial future.
Lynette Zang
Hidden Truths Behind the USD and What's Next in the Economy
2-2-2023
When it comes to the economy and what's about to happen to not just the US dollar but the entire global fiat monetary system.
You're either well-researched and many of your friends and family think you're crazy or you're just starting your research and you're not even convinced that there is a major problem yet.
I mean, gosh, we've had problems before. Haven't they always gotten through it? This is the video that shows you the truth of where we are from, their own data, what brought us here, and the next most likely outcomes, which could absolutely make or break your financial future.
Mike Maloney
GOLD: The IMF Bombshell & What You Need To Know About It
2-2-2023
Breaking: The IMF has just released a research paper on gold as ‘international reserves’.
It contains some truly astonishing data, but if you’ve seen the report - you’ll already know that it is an arduous read.
As usual, Mike Maloney and Adam Taggart (with some help from Ronnie Stoeferle of Incrementum AG) are here to decipher the data and double-speak, making this extremely important report easy to understand. Stay tuned to the end for one of the best memes we’ve ever seen. Enjoy.
More News, Rumors and Opinions Thursday Afternoon 2-2-2023
KTFA:
Henig: Solutions are exhausted.. A specialist identifies the last option to solve the dollar crisis in Iraq
Today, 21:23 | Baghdad today - Baghdad
Today, Thursday, the specialist in economic affairs, Nabil Jabbar Al-Tamimi, considered that there is no solution to the dollar crisis other than reducing the official exchange rate by the Central Bank.
Al-Tamimi said, to "Baghdad Today", that "the only solution to reduce the exchange rate of the dollar in the local market is to reduce the exchange rate by the central bank, as this is the only solution to solve the current crisis."
And that "the government's measures do not solve the crisis, especially since it is obliged to apply the controls imposed by the US Federal Reserve, and for this reason, reducing the exchange rate of the dollar in Iraq must be a decision of the Central Bank." LINK
KTFA:
Henig: Solutions are exhausted.. A specialist identifies the last option to solve the dollar crisis in Iraq
Today, 21:23 | Baghdad today - Baghdad
Today, Thursday, the specialist in economic affairs, Nabil Jabbar Al-Tamimi, considered that there is no solution to the dollar crisis other than reducing the official exchange rate by the Central Bank.
Al-Tamimi said, to "Baghdad Today", that "the only solution to reduce the exchange rate of the dollar in the local market is to reduce the exchange rate by the central bank, as this is the only solution to solve the current crisis."
And that "the government's measures do not solve the crisis, especially since it is obliged to apply the controls imposed by the US Federal Reserve, and for this reason, reducing the exchange rate of the dollar in Iraq must be a decision of the Central Bank." LINK
Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor Alaq is on television saying within the next few days measures will be taken to reduce the dollar exchange rate against our currency which on the streets right now is reaching 1750. He said in a meeting with the United States of America Feds in Istanbul, Turkey and then another meeting in Washington March 9th. We are struggling as this dollar rate keeps going up. We wait to see what the next two days bring...we hope for some relief of some kind...
Sandy Ingram The new cabinet is forcing stores and institutions to use Point of Sale transactions...POS are exempt from taxes...implementation effective June 1 2023. This sounds like a digital economy to me. Iraq is getting control over transactions and the flow of money. We can only hope this will lead to a higher rate exchange in the future.
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From Recaps Archives
What is Nesara???? Many sites are talking about it……here is some information
NESARA ...Forgives all credit card, mortgage, student loan and other bank debt due to illegal banking and government activities..
Information about NESARA:
A law was passed in the United States in March 2000 and signed into law in October of 2000. This law is called N.E.S.A.R.A. – National Economic Security and Reformation Act. All politicians and media members are under a gag order to not speak of it publicly until it is officially announced. This new law will first be enacted in the United States and eventually will be rolled out across the world. The law provides:
· Forgives all credit card, mortgage, student loan and other bank debt due to illegal banking and government activities
· Dissolves the IRS and ends all income tax
· Creates flat rate non-essential “new items only” sales tax (food, medicine and all used items will not be taxed)
· Increases benefits to senior citizens
· Returns Constitutional Law to all our courts and legal matters – re-trains all judges and attorneys in Constitutional Law
· Provides for new representational elections within Constitutional Law.
· Monitors elections and prevents illegal activities of billionaires and special interest groups
· Ends the Federal Reserve System and begins a new US Treasury bank system that follows Constitutional Law
· Creates new US Treasury currency backed by gold, silver and precious metals,ending US Government bankruptcy. This will initiate global economic reform.
· Restores financial privacy
· Ceases all aggressive US Government military action worldwide
· Leads to peace throughout the world
· Enables release of over 6,000 patents of suppressed technologies and enormous sums of money for humanitarian purposes
The provisions of the National Economic Security and Reformation Act have been composed by visionaries who wish to correct past wrongs against the people in the United States. It is supported and inspired by statesmen around the world, as well as off-world, as a vision for global peace, freedom and prosperity.
Source: http://www.ashtarontheroad.com/nesara-flyer-2-8-16.html
Further information about N.E.S.A.R.A. history at these sources:
http://2013rainbowroundtable.ning.com/page/history-of-nesara-1
www.ashtarontheroad.com/history-of-nesara.html
https://freedomforhumanity2016.wordpress.com/tag/nesara-gesara/page/12/
Breaking Dinar News! Our Dinar is Strong; Commit to our Dinar, Do Not Buy the Dollar ~Al Sudani
Dr. Kia Pruitt: 2-2-2023
It's getting HOT in here! It's almost go time!
CRITICAL ALERT: Central Banks Have Begun A NEW PHASE. They Are LITERALLY Buying It ALL.
Greg Mannarino: 2-2-2023
KTFA Members "News and Views" Thursday 2-2-2023
KTFA:
Clare: Days after a banking procedure.. King Salman relieves the governor of the Saudi Central Bank
2/2/2023
The Saudi King Salman bin Abdulaziz issued, on Thursday, a royal order relieving the governor of the Saudi Central Bank of his post and appointing a successor.
And the Saudi Press Agency, "SPA", published the royal order, in which it stated: "(...) Fahd bin Abdullah bin Abdul Latif Al-Mubarak, Governor of the Saudi Central Bank, is relieved of his post."
He added, "(...) Ayman bin Muhammad bin Saud al-Sayyari is appointed as governor of the Saudi Central Bank, with the rank of minister."
After he was relieved of his post, the dismissed governor of the Central Bank was appointed as an advisor at the Royal Court, with the rank of minister.
The Saudi Central Bank had decided a few days ago to raise the rate of the repo agreement by 25 basis points to 5.25 percent, and to raise the rate of the reverse repo agreement by 25 basis points to 4.75 percent. LINK
KTFA:
Clare: Days after a banking procedure.. King Salman relieves the governor of the Saudi Central Bank
2/2/2023
The Saudi King Salman bin Abdulaziz issued, on Thursday, a royal order relieving the governor of the Saudi Central Bank of his post and appointing a successor.
And the Saudi Press Agency, "SPA", published the royal order, in which it stated: "(...) Fahd bin Abdullah bin Abdul Latif Al-Mubarak, Governor of the Saudi Central Bank, is relieved of his post."
He added, "(...) Ayman bin Muhammad bin Saud al-Sayyari is appointed as governor of the Saudi Central Bank, with the rank of minister."
After he was relieved of his post, the dismissed governor of the Central Bank was appointed as an advisor at the Royal Court, with the rank of minister.
The Saudi Central Bank had decided a few days ago to raise the rate of the repo agreement by 25 basis points to 5.25 percent, and to raise the rate of the reverse repo agreement by 25 basis points to 4.75 percent. LINK
Clare: urgent... Lavrov will visit Baghdad next Sunday
2/2/2023
The Russian Foreign Minister, Sergey Lavrov, will visit Baghdad early next week.
"Lavrov will visit Iraq on the fifth of this month," Ahmed al-Sahhaf, spokesman for the Iraqi Foreign Ministry, said in a press statement.
He added, "The visit will be on February 5 and 6, and [Lavrov] will meet with Foreign Minister Fuad Hussein, and they will discuss a sentence of a common nature, and they will discuss the security and stability of the region and Iraq's active role in that, and they will confirm the most important understandings of a vital and strategic nature between the two countries."
Lavrov's visit comes days after the visit of Saudi Foreign Minister Faisal bin Farhan, who arrived in the capital, Baghdad. LINK
4CASH: Looks like Russia wants to dance with the prettiest lady in town IMO!!!!
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Clare: Parliamentary Finance announces its readiness to receive the budget law
2/2/2023
The Parliamentary Finance Committee announced today, Thursday, its readiness to receive the federal budget law for the year 2023.
A member of the committee, Jamal Cougar, told Al-Furat News that: "The committee is ready to receive the budget law and start working on it as soon as it reaches Parliament."
Cougar indicated, "There is still no talk or preliminary date for the government to send the budget law."
And Prime Minister Muhammad Shia Al-Sudani announced that his government is nearing the completion of preparing the draft budget law for the year 2023.
For its part, the Parliamentary Finance Committee called on the government to expedite sending the draft general federal budget law for the year 2023 after forming the government and electing the heads of parliamentary committees.
From: Raghad Dahham LINK
Zeeman: you might be ready to receive the budget but first it must be finished. this has been going on since the end of nov. how much more time do you need? imo
Paulette: Hopefully, enough time to "reinstitute" the NSCN's prior to the GOI passing it and sending it on to Parliament......Also, an agreement on the Oil and Gas Law, Article 140 implementation and Kurd budget appropriations would be nice....
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Clare: Blaskhart: Iraq is one of the countries most contaminated with explosive ordnance, and mine clearance efforts are continuing
2/02/2023
Briefing of the UN representative, Jeanine Plasschaert, before the UN Security Council on the situation in Iraq:
Any government needs political support to achieve the aspirations of the people
The government has taken many steps to combat corruption
The government is making more efforts to recover the smuggled money
We have identified remarkable progress in the work of the current government in the field of combating corruption
Real change requires economic and political reforms in Iraq
We look forward to speeding up the approval of the 2023 budget
Iraq should prioritize diversification of the economy
The Iraqi government confirmed its commitment to settling disputes with Erbil
Baghdad and Erbil continue their dialogues in order to reach a sustainable agreement
The Iraqi government continues its policy of openness and respect for the principles of sovereignty
Iraq is one of the countries most contaminated with explosive ordnance, and mine clearance efforts are continuing LINK
Henig: An Iraqi delegation to Washington: pledges to cut dollar smuggling routes
Arab reports Baghdad Hossam Muhammad Ali February 02, 2023
Well-informed sources in the Iraqi capital, Baghdad, revealed, yesterday, Wednesday, information related to the mission of the Iraqi government delegation, which is preparing to go to Washington in the coming days, headed by Foreign Minister Fuad Hussein.
A spokesman for the Iraqi Ministry of Foreign Affairs, Ahmed Al-Sahaf, told Al-Araby Al-Jadeed that the delegation will be headed by Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein, with the membership of financial and banking officials.
Al-Sahhaf added, "The discussions will be based on the strategic framework agreement, and the strengthening of bilateral cooperation in various fields, especially with regard to the issue of the dollar exchange rate hike and the coordination and cooperation mechanisms in this aspect, and in a way that reflects the response of the Iraqi government in supporting its economic and financial vision, in order to achieve a response to the preservation of public money." It appoints citizens," and he continued, "The meetings and visits of diplomatic delegations between the two sides continue, because the relationship is strategic and calls for joint and permanent cooperation."
In parallel, an Iraqi government official revealed to Al-Araby Al-Jadeed that “the delegation will include in its membership, in addition to its head, Foreign Minister Fuad Hussein, Finance Minister Taif Sami, Central Bank Governor Ali Al-Alaq, and other government officials, and the meetings will be held in the presence of officials.” Millions of senior Americans and the US ambassador to Iraq, Elena Romanowski.
The official, who asked not to be named, explained that "the delegation scheduled to visit (in principle) on the seventh of this month to Washington will carry assurances to the American side regarding the recent Iraqi measures in the currency auction, and its endeavor to prevent its arrival to countries covered by US sanctions, such as Iran and Syria." ".
The official continued: "There will be Iraqi pledges regarding this and an explanation of the recent procedures that Iraq followed with regard to smuggling hard currency, and the delegation will propose reducing the requirements imposed by the US Federal Bank on Iraq regarding the arrival of the dollar to Iraq, and demanding the implementation of the US federal conditions gradually and not all at once." With the aim of enabling the Iraqi banking system and banks to adapt to the new electronic platform for selling hard currency in Iraq, and also to assure merchants that the US measures are not intended to restrict or freeze the movement of their money.
Implement a set of financial reforms
He pointed out that "the government, represented by the Ministry of Finance and the Central Bank, has implemented a set of financial reforms, which confirm Baghdad's keenness to stop dollar smuggling operations. According to confirmed information, smuggling has decreased a lot, and has become in a very limited scope thanks to the sobriety of the government and the bank's procedures."
The source pointed out that "the delegation will reveal to the American side the results made by the Central Bank and the Ministry of Finance in tracking down smuggling operations, which resulted in stopping many of them, as well as withholding dollar sales from those suspected of smuggling. All of these we believe will prompt the American side to show understanding flexibility, taking into account Iraq's economic situation allows for a near decline in the price of the dollar.
Evidence of Iran's access to the dollar
And he talked about "the Americans presented, earlier last month, evidence that Iran obtained large sums of dollars through Iraq in various ways, and that Iran uses what it gets from dollars in its nuclear program."
On the talk of Prime Minister Muhammad Shia al- Sudani that all possibilities exist regarding determining the exchange rate in the 2023 budget, and whether there is a tendency to make it below 1,400 dinars to the dollar, the official stressed that “the government and the central bank are awaiting the outcome of the upcoming negotiations in Washington, and the proposed price may be modified.” below the current price of 1,450 dinars. There are several options on the discussion table that are subject to developments in the situation.
Reducing dollar smuggling to Iran, Syria and Lebanon
For his part, a source in the Ministry of Finance confirmed to Al-Araby Al-Jadeed that “the US restrictions imposed on the movement of the dollar contributed to reducing 70 percent of its smuggling operations to Iran, Syria and Lebanon, and 80 percent of Iraqi bank transfers were banned in the three months.” The past is the result of confirmed, or almost confirmed, suspicions that the final beneficiaries are linked to prohibited parties in the three countries.
He added, "US Ambassador Elena Romanowski informed the Iraqi Foreign Minister during their meeting, last Tuesday, that Washington insists on proceeding with the measures applied to prevent smuggling of dollars sold in Iraq , and that Baghdad should take stricter measures by banning its access to suspects of smuggling, especially since the banking and security agencies Al-Iraqiya identified those, according to what Iraqi officials told us.
And the source in the Ministry of Finance continued, "The Iraqi Foreign Minister informed the ambassador that the visiting delegation to Washington soon prepared a number of sober proposals, which would reassure the American side of the success of the Iraqi government's steps in consolidating the sale of the dollar and preventing its smuggling, and that it is proceeding with its procedures and will not back down from it." That "Iraq is facing US measures as a result of smuggling dollars to Iran, Syria and Lebanon to parties facing US sanctions, and through crooked ways," referring to the Lebanese "Hezbollah".
According to an official statement issued by the Ministry of Foreign Affairs, last Tuesday, the minister's meeting with the US ambassador discussed the files of the upcoming visit, which will include a high-level Iraqi delegation of economic officials, the work program and the meetings that will discuss political and economic issues, and aspects related to the Iraqi and American currencies.
The Parliamentary Finance Committee believes that the visit should provide clear mechanisms to reassure the American side, to be followed by the implementation of a strategy that allows Iraq to control the oil sales funds deposited in the Federal Bank, so as not to be used as a pressure card.
Committee member Moein Al-Kazemi confirmed, in an interview with Al-Araby Al-Jadeed, that “there must be an understanding between Baghdad and Washington in the dollar file and through the highest official levels, to establish joint mechanisms related to the mechanism of money movement , which simplifies the procedures for obtaining it by merchants for import purposes.” Because the Federal Bank's actions restricted the movement of the dollar, and delayed money transfers from the Central Bank to banks abroad.
Persuading America of the Iraqi procedures
He added, "The visiting Iraqi delegation will be able to convince the American side of the Iraqi measures, in the event that it presents a practical mechanism and a solid strategy, which guarantees the sobriety of the process of selling the dollar in the currency auction at the Central Bank, through real financial invoices for importing materials and clarifying the origins of the import, and not being from countries that have a ban." From Washington, and this will leave no room for objection from the US Federal Bank, and we believe that it is possible to achieve this.
He pointed out, "If the American side insists on the restrictions, despite the Iraqi assurances, we advise that the government and the central bank go towards adopting the euro as a foreign currency, and we do not forget that the euro and the dollar are in solidarity regarding the restrictions imposed on certain countries to prevent foreign currency from reaching them, and for this we believe The realistic and optimal solution that achieves long-term stability is to adopt a strategy that encourages Iraqi industries and national products, and reduces the need for imports, and therefore the need for dollars will be less.
Freeing Iraq's funds from the control of the "federal"
He stressed that "this strategy must be accompanied by efforts to liberate Iraq's money from the control of the US Federal Bank, as it is not reasonable for us to continue depositing oil sales money with the US side, even though it is Iraq's money, and it must have sovereignty over it." Part of the Iraqi sums there is transferred to buy gold, and it is withdrawn in Iraqi dinars, which is in line with international financial standards.
On Tuesday evening, Al-Sudani said, in an interview with state television, that a government delegation will leave for Washington soon, stressing that his visit to Washington has not yet been set for a date.
This was confirmed by diplomatic sources in Baghdad, to Al-Araby Al-Jadeed, by saying that the American side requested more time to study the files of Al-Sudani’s visit so that it would be fruitful and culminate in agreements that enhance bilateral cooperation in strategic files between Baghdad and Washington, adding that the upcoming visit of the Iraqi delegation may pave the way for agreements that allow Set the date of the visit.
And Al-Sudani acknowledged, in his appearance last Tuesday evening, the smuggling of US dollars from Iraq " through forged invoices , and the central bank and the previous government were supposed to implement an agreed-upon mechanism to control the movement of money called (compliance standards) for the global banking system."
And he indicated that "a memorandum signed by the Central Bank of Iraq (with the US Federal Reserve) two years ago to proceed with these procedures so that the central transfer system would be through an electronic platform and be audited, but the procedures were not at the required level in terms of qualifying banks for this system."
The electronic platform for selling dollars in Iraq, under the supervision of the Central Bank, allows the United States to monitor the amounts that come out of the Central Bank and the beneficiaries from banks, companies and businessmen.
Over the past years, an average of $170 million was sold daily through what is known as the dollar auction, in which merchants, banks, and companies participate, without monitoring the end of those funds, which are often classified as import trade for the local market, or foreign transfers.
Experts say that Iran, the Bashar al-Assad regime, and Lebanese parties obtain large quantities of them under the pretext of importing food and construction materials, without any of these materials arriving.
The use of the electronic platform led the same parties to go to the local market to obtain the dollar in any amount, which raised the value of the dollar as a result of the increased demand for it, despite the security forces carrying out a campaign of arrests against what they described as hard currency speculators. LINK
Bill Holter: "Escape the System-Complete Shutdown Could Happen Fast"
Escape The System; Complete Shutdown Could Happen Fast | Bill Holter
Liberty and Finance: 2-2-2023
The M2 currency supply shrinking could be cataclysmic to the debt-based financial system.
The system could come down fast, says Bill Holter of Miles Franklin. "All you're going to need is one large institution to become upside down and not be able to pay, not be able to perform on their derivatives, and that will spread like wildfire," he says.
"I don't imagine it will take more than 48-72hrs until everything comes down once the first major entity collapses and defaults."
Escape The System; Complete Shutdown Could Happen Fast | Bill Holter
Liberty and Finance: 2-2-2023
The M2 currency supply shrinking could be cataclysmic to the debt-based financial system.
The system could come down fast, says Bill Holter of Miles Franklin. "All you're going to need is one large institution to become upside down and not be able to pay, not be able to perform on their derivatives, and that will spread like wildfire," he says.
"I don't imagine it will take more than 48-72hrs until everything comes down once the first major entity collapses and defaults."