"Tidbits From TNT" Tuesday AM 10-11-2022

TNT:

Tishwash:  Al-Ugaili: The failure to form a government may place Iraq under UN tutelage

The political analyst, Sabah Al-Ugaili, warned against Iraq's return to UN tutelage, in the event the political parties fail to choose the President of the Republic and form the new government. 

Al-Ugaili told Al-Maalouma, "The Kurds are trying to link the file of the Presidency of the Republic to the Shiite house and the agreements on the new prime minister, while the Shiites have made up their minds to choose Muhammad Shia Al-Sudani for the position of prime minister." 

He added that "the political process is waiting for the Kurds to decide their candidate for the presidency, so that Al-Sudani is assigned to head the government, especially since this personality is acceptable to most political parties."

And he indicated that "Al-Hanana has become outside the political game because of the withdrawal of its deputies from Parliament, and therefore there is nothing left but the framework that can put pressure on the Kurds to resolve their issue and present a personality for a vote in Parliament." 

He pointed out that "and if the government is not formed, Iraq may be under UN tutelage again, which opens the door to a crisis greater than the formation of the government, which requires the framework to take the initiative role to resolve the presidency, whether by presenting a candidate or several candidates to implement the 2018 scenario."   link

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Washington to Iraq's leaders after the "year of failure": you were not able to resolve your differences and engage in a non- violent dialog

The United States called on Iraqi political leaders to hold a "broad and comprehensive" dialogue in order to form a new government and not to resort to "unacceptable" violence, while indicating that a year after the early elections, they were unable to resolve their political differences.

The official spokesman for the US State Department, Ned Price, said in a statement marking the one-year anniversary of the early Iraqi elections and seen by Shafak News Agency, "A year ago, Iraqis voted in early and credible elections in the hope that it would result in a government that reflects the will of the Iraqi people. Since then, Then, Iraq's leaders were unable to resolve their political differences."

"The United States supports a broad and inclusive dialogue to chart a common path forward, and we join many of our Iraqi friends in stressing once again that violence is unacceptable, and we call on all parties to take a peaceful and inclusive path out of the current political impasse," Price added. ".

"For now, the United States remains committed to partnering with the government and people of Iraq to promote economic growth, create more jobs, ensure the enduring defeat of ISIS, end corruption, and increase resilience to the effects of climate change," the State Department spokesperson added.  link

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CandyKisses:  A year of political failure” .. Iraqis without a government: sarcasm and resentment, and Guinness welcomes you

It is the first day after a year of apparent political inability to form a new Iraqi government, as Iraq's leaders did not succeed in dissolving its symbols after tug-of-war and "intermittent wars", demonstrations and political withdrawals, so that Iraq will emerge in the end (zero government), and early elections will be in (October 10, 2021) just an event that the Iraqis practiced at the time to be on a date with the next unknown, amid sarcasm and black comedy from the scene in which the ruling political class entered Iraq “Guinness Encyclopedia” of its inability to form a government, hitting a previous figure recorded for it also in 2010.

The ostrich that does not see a year of failure

It is known that when Iraqis meet and in any forum, they initiate to talk about politics, so what if their day and night are currently a political crisis.

In an evening session for a number of people, inside a residential area, Mr. Abu Wissam, an employee in one of the state ministries, resorts to gathering “session” chairs near his house with a number of his neighbors to have a dialogue and discuss “worldly matters” including, of course, the crisis of forming the new government. 

On the night of October 10, 2020, Abu Wissam says, "The weather is beautiful and it started (breaking) and we entered the winter season, and we hope that there will be heavy rains to compensate for this drought." 

The person continues, telling Shafaq News Agency, "A year has passed, and let's say four chapters in which we have not seen a political spring, and every day that passes there is a renewed crisis in the formation of the government, as if they (he means the leaders of the country) are fabricating the crisis within the crisis," noting that "the last thing they reached is the inability to Iraq has to act economically after (12/31/2022), and the lack of a budget and this will certainly affect us, the employees who do not know, our condition is the case of all groups of the people, about the fate of the country and where it is heading, in light of the rivalries and desires of the people that each have his share and desire, forgetting the concerns The Iraqi people and what we have come to.”

In this company of young men and women, Abu Mustafa asks for “Al-Tawli,” a popular Iraqi game, to have fun with those present, while at the same time they discuss “what comes to mind” of various topics. The man in his sixties, a taxi driver working in the capital, Baghdad, and his wife, an employee in one of the state’s departments, said, “mockingly at the current situation,” that “we should really celebrate what we have achieved.

A whole year has passed without a government, and this is considered an achievement for the ruling political class if it makes its people live for a year” in the vacuum) and we are still waiting for days that may be more difficult," using a well-known Iraqi proverb (the rope on the tractor) in reference to an open period of time during which a new Iraqi government may or may not be formed. The man adds that "the other problem is that this government, if it is formed, will face other problems and may resign and will not be able to accomplish anything. Things with or without a government do not bode well."

Abbas, a university student at the College of Political Science at the University of Baghdad, finds that "the paralysis that has accompanied the political process with the passage of a whole year since Iraqi politicians have been unable to agree and form a new government, has begun to affect Iraqi life and is reflected on all segments of society, in light of the daily life crises we live in." We live today and say that it is better than tomorrow, because the next day may be worse in light of what this political class has brought us to, which thinks only of its interests."

In his interview with Shafaq News, the university student asks, "Do not the country's leaders look at the warnings, appeals and international calls that are issued and warn Iraq against not forming the government, the latest of which is the opinion of the UN envoy, Jenin Plasschaert, which is an explicit warning of the possibility of imposing guardianship on it, so why do they put their heads in the dirt like ostriches or they see the imminent danger to Iraq."

His colleague Roaa Essam shares this fear by saying that "a year has failed without a government, and a government that is formed is also threatened with failure, and a new preparation for early elections, and a new government, all of which means that this political system must accept reality and step down from power because it is the source of the crisis and not a solution because it cannot offer something to the Iraqi people, who have suffered scourges and wars and are satisfied with them.

We should not live the tragedy of a war here and there in order to form a government that may or may not continue, and the only winner is the politician and the loser is the people. The university student added to Shafaq News Agency that she "began to be afraid of work, so we do not know what will happen tomorrow, and we are living according to the common Iraqi saying (live today for the day)."

Among the crowded cars lined up near the University of Baghdad, a flower seller wanders around to sell it to passers-by, students and car owners. It seems that he was in a hurry to summarize the entire Iraqi political scene and a whole year of crises in one word, after being asked about the Iraqi situation, and he said, "She is ruined", which reflects the extent of the Iraqi street's dissatisfaction with the situation in light of this crisis, which appears to be continuing, at least in the foreseeable future.

Iraq enters the Guinness Book of Records

And with the advent of Thursday, 7/28/ 2022, Iraq entered the longest period of political "stalemate" after the elections and the failure to form a new government by 291 days, exceeding the previous delay in not forming a government in 2010, which ended in former Prime Minister Nuri al-Maliki.

A Reuters report at the time, seen by Shafak News Agency, said that "more than nine months after holding elections in October, the lawmakers tasked with choosing a president and prime minister did not come close to agreeing on anything, so that Iraq recorded a record period of 290 A day (until yesterday, Wednesday), without a prime minister or government,” noting that “the longest previous period without a government in Iraq was in 2010 when 289 days passed without a government until Prime Minister Nuri al-Maliki assumed a second term in office.”

With the passage of a whole year since the "failure" to form the government, it seems that the records are broken only by the current political class, after 366 days of not forming a new government.

Blackshart warns, guardianship looms

On October 4, 2022, the UN envoy, Jenin Plasschaert, gave a briefing to the UN Security Council on the situation in Iraq, in which she confirmed that differences prevail over the language of dialogue, and that the southern provinces are witnessing armed skirmishes and the political class is unable to resolve the crisis, indicating that "disappointment "The people have reached the sky. Many Iraqis have lost faith in the ability of Iraq's political class to work for the benefit of the country and its people. Continuing failure to address this loss of confidence will only exacerbate Iraq's problems."

The UN envoy pointed out that "the political system and the system of governance in Iraq ignore the needs of the Iraqi people. The rampant corruption represents a major root cause of dysfunction in Iraq. No leader can claim that he is protected from it. Keeping the system "as is" will rebound with negative results." With this briefing, Iraqi politicians warned of an international tutelage over Iraq, whose political leaders are "incapable" of finding solutions and the apparent inability to form a government. This trusteeship system applies to countries that are defined in international law as "deficient in sovereignty", and are subject, according to special conditions, to an agreement that is supervised by the Trusteeship Council of the United Nations.

The international trusteeship system came as an alternative to the mandate system that was applied during the era of the League of Nations, which was replaced by the United Nations with its establishment in 1945, in order to settle the situation of the colonial countries in accordance with international legal legitimacy that moved them gradually from a situation of complete colonialism to a transitional situation followed by complete independence.

These international developments and internal discontent come after the "failure" of political attempts to break the political stalemate, as the entire political process resulted in the election of Parliament Speaker Muhammad al-Halbousi and the Presidency Council of the Parliament that broke up and began to spin in a vicious circle after the resignation of the Sadrist movement's representatives, including Hakim al-Zamili, First Deputy To the president, Al-Halbousi returned again and asked to resign again, and his resignation was rejected by the coordination framework, which became the largest bloc with seats that benefited from it following the resignation of the Sadrist movement’s deputies, so that the rejection of Al-Halbousi’s resignation would be a new vote for him to remain in the position, with the election of Mohsen Al-Mandalawi as the first deputy speaker of the House of Representatives to succeed Al-Zamili.

His old man and Wan Abdullah will remain as a second deputy, with a clear inability to agree on the candidates for the presidency and the ministers, despite the coordinating framework’s adherence to his candidate, Muhammad Shiaa Al-Sudani, who seems to have great difficulty in passing his formation or even remaining a candidate in light of the refusal of whom.”The Sadrist Movement and the Octoberists", provided that the attempts to storm Parliament are not far from the objectors, and things may develop beyond that through the use of weapons between the opposing parties, which the Iraqis do not aspire to, of course.

Mot: .One Question!! - ""WHY"" is it ALWAYS - Tomorrow!!!??? ~~

Mot: ~~ Guys!! - Its A Marital Thingy I Guess!! ~~~~

News, Rumors and Opinions Tuesday Morning....10-11-2022

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Tues. 11 Oct. 2022

Compiled Tues. 11 Oct. 12:01 am EST by Judy Byington

Judy Note: My personal Intel on all fronts has been silent for a couple of weeks. Any dates put out appeared to have been pure guesses. However, we know Tier 4B (us, the Internet Group) was close to obtaining appointments to exchange because:

There were 120 countries (over 50% of the world currencies) on the verge of bankruptcy joining the BRICS Alliance nation states. Their peg to China provided the necessary guarantee to gold/asset-backed currencies.

This was the death of the Central Bank and fiat US dollar – and only a Global Currency Reset could save our global economy.

As of Tues. 13 Sept. the Federal Reserve and their Central Banks were bankrupt.

By Fri. 30 Sept. US Inc, United Nations, World Bank, IMF, British Crown and Vatican laundering of slush funds to the Cabal corporations of State Street, Vanguard and Blackrock stopped as the world pulled all credit from US Inc.

On Sat. 1 Oct. the new Global Financial Fiscal Year began, plus Venezuela introduced their new gold/asset-backed Bolivar currency by dropping six zeros.

On Mon. 10 Oct. 2022 Historic Bond settlement was being reported outside of the US. Settlement of Historic Bonds was a major event that would trigger a cascade of events in BRICS.

The Calm Before the Storm: https://rumble.com/v1n8nao-the-calm-before-the-storm.html

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Summary of Behind the Scenes Events for Mon. 10 Oct. 2022:

The Cabal has launched a failed Coup to take over BRICS and the Global Currency Reset (in which over half of the world’s currencies have shifted). The extensively planned but failed Coup was organized by the Chinese Communist Party/ Rothschilds/ Rockefellers/ Vatican/ Blackrock and DAVOS Group.

The failure of a Khazarian Mafia Coup attempt in China to take over BRICS and the Global Currency Reset means the US Corp. would not be able to escape bankruptcy. The principal owner of US Corp, Blackrock International, has filed for bankruptcy. Blackrock International, Inc. Files for Bankruptcy in Lafayette | BKData https://benjaminfulford.net/2022/10/10/new-chinese-emperor-oversees-khazarian-mafia-purge/

Banks, Countries and Government around the World were in Economic collapse and we were all headed into IMMINENT Military intervention.

You were advised to stock up on cash, food, fuel and essential goods supplies.

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Global Financial Crisis:

GESARA NESARA is coming now! U.S. Congressman Introduces Gold Standard Bill as Inflation Spirals Out of Control. https://www.moneymetals.com/news/2022/10/08/us-congressman-introduces-gold-standard-bill-as-inflation-spirals-out-of-control-002607

Fed. Trapped in Two GCR Scenarios: https://dinarrecaps.com/our-blog/awake-in-3d-the-us-fed-is-utterly-trapped-two-gcr-scenarios-possible 

Read full post here:  https://dinarchronicles.com/2022/10/11/restored-republic-via-a-gcr-update-as-of-october-11-2022/

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Courtesy of Dinar Guru

Frank26   Everyone of these articles that I say "not at a program rate' is evidence - is solid proof that the Iraqi dinar is not what it was.  And it's being introduced to the international world at a completely different rate with a completely different value potential...why?  Cause the economic reform is exploding...

Frank26  They're teaching the citizens of Iraq from 1 thousand fils all the way down to one fil so that change can be given back due to a change in their exchange rate.

The Dollar Is About To Soar & CRUSH Global Markets Further

Sean Foo:  10-11-2022

The US dollar is going to strengthen and the market crash isn't over yet. With August inflation coming in red hot above expectations, the Fed is trapped and they have to hike interest rates to the moon.

This will trigger a wave of currency devaluations, higher inflation in emerging economies and extreme borrowing conditions. Things have just gotten worse for the financial markets. Here's what you must know!

https://www.youtube.com/watch?v=36eTRVwPTrg

Andy Schectman: Silver & Gold Biggest Move About To Come

Post Rev:  10-10-2022

In this video, Andy Schectman Share Silver & Gold Might Do Very Well In The Next Few Years

https://www.youtube.com/watch?v=f2QQjdY8akM

Awake-In-3D "The US Fed is Utterly Trapped-Two GCR Scenarios Possible

The US FED is Utterly Trapped - Two GCR Scenarios Possible

It’s only a matter of time now… if the FED continues raising the overnight, FedFunds interest rate to its stated target of 4.6% (to fight inflation), the USA government (UST) will pay over $1 Trillion in annual interest (up from $392 Billion) to maintain its 2021 debt. 

That’s a global financial system “game-over” scenario. 

And this calculation doesn’t include the newly achieved, 2022 US Treasury National debt of $31 Trillion as it now stands. 

Yet, if the FED backs down on its inflation fight, and lowers the FedFunds rate, or begins new Quantitative Easing (as The Bank of England just did), the $USD will crash hard from its current, meteoric level and throw the US economy into a depression (with a D). 

The FED is trapped in a spiral of its own creation. The only result will be one of two possible, monetary/currency resets. 

I call this coming scenario, The Lords of the Currency - The Two GCR Towers. 

More on my “Two GCR Towers” scenario coming soon…

@GCR_RealTimeNews

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“The trick is to survive and then max it out when the Fed admits that they’re trapped. It’s going to be one of the great wealth transfers of all time. Who’s ready??”

https://www.zerohedge.com/markets/fed-fuct-part-4

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Zerohedge:  "The Fed Is Fuct..." Part 4

Read Part 1 here...

Read Part 2 here...

Read Part 3 here...

The Fed is trapped in a box of their own creation. As a result, they may want to talk tough, but their ability to maneuver is severely restricted. The Fed claims that they’re targeting a terminal rate of 4.6% for Fed Funds, but if they did that for any period of time, they’d only succeed in blowing up the Treasury.

Our government has run obscene deficits over the past two decades. This was only made possible by the Fed suppressing interest rates. Despite a succession of Treasury Secretaries, the US debt was never termed out. The majority of the debt is actually quite short term. During 2021, the Federal government paid $392 billion in interest on $21.7 trillion of average debt outstanding—or an average interest rate of 1.8%.

Now imagine if Fed Funds actually got to the terminal rate and stayed there for any period of time. What would paying an average rate of 4.6% on year-end 2021 debt do to the interest expense? Well, it rises by $636 billion to $1.028 trillion or the more than the cost of our entire military spending of $801 billion in 2021. Ignoring the budget pressure, the interest cost would then be 4.5% of total GDP, up from 1.7% in 2021. That’s like tying a lead weight around the neck of our economy.

Read Full post here:  https://www.zerohedge.com/markets/fed-fuct-part-4

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NEW RV/GCR FACT-BASED NEWS CHANNEL ON TELEGRAM

Awake-In-3D reports on “real world” financial events in the context of an emerging asset-backed Global Currency Reset as Central Banksters fight hard to preserve their collapsing Fiat Currency regime and dominance over humanity.

Providing unique commentary, backed by factual articles and reference links, the new "GCR Real-Time News" channel provides readers with a critical-thinking approach to world financial events documenting this historical financial Shift which is unfolding at this very moment. 

Link to join:   https://t.me/GCR_RealTimeNews 

I don't sell products and this channel is not monetized. I'm not competing with other news sites. My only goal is providing Unique GCR commentary and analysis as a beneficial public service to GCR-Land.

Alastair MacCleod, Steven Van Metre and Grag Mannarino Monday PM 10-10-2022

Silver: Bear Squeeze In The Middle Of A Crisis | Alasdair Macleod

SFLive:  10-10-2022

On this episode we are joined by Alastair Macleod to discuss the current bear squeeze, a looming crisis, US Dollar weakness leading to funds flowing into gold & silver, short traders closing their positions, FED Fund rate and much more.

https://www.youtube.com/watch?v=DTOVBJ88kU8

A Cascading Wave of Defaults is About to Topple the Banks

Steven Van Metre:  10-10-2022

https://www.youtube.com/watch?v=NJrks5IqSgo

The Global Financial System Is Coming Apart FASTER... AND Its About To Get MUCH WORSE.

Greg Mannarino:  10-10-2022

https://www.youtube.com/watch?v=edbzSZNLNdQ

"Coffee With MarkZ" Monday Morning Chat 10-10-2022

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Monday 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: Good Morning Mark All Mods and Everyone

Member: Todays date sounds significant….10-10……hoping something big happens.

Member: Gee another 3 day weekend come and gone what a surprise !

Member: well, is this our week or just another wait for Iraq to do its thing?

Member: The Steelers got a new Iraqi place kicker, rumor has it he practices on cans

Member: keep the faith.... I think we are right on the edge of something wonderful. We just gotta get to the finish line.

MZ: there is a lot of big news expected this week. I am being told this will be a crazy week of disclosure.

MZ:  In Iraq: “ A wide welcome for the policies of the Central Bank : Contributed to achieving monetary stability” These are very important things for them to be on forex and to be traded. For them to be able to allow for a redemption to be able to occur they have to have some things in place. These are big steps.

MZ: This happened yesterday:  The Central Bank of Iraq obtains an international certificate in cash management 9th October, 2022  Today, Sunday, the Central Bank of Iraq obtained the ISO certificate (ISO9001:2015) related to the quality management system in terms of cash management, issued by TQCS INTERNATIONAL PTY LTD.  The company, which granted the certificate to the Director General of the Issuance and Treasury Department, praised the efforts of the Central Bank of Iraq in implementing international specifications and standards.  It is noteworthy that this certificate is granted every three years to institutions that implement international systems and standards for total quality management and institutional development. 

MZ: This is one of the key things we were told was necessary for Iraq to change their rate. We still do not know the timing but we are certain they are making solid progress towards that…..We needed sanctions removed….we needed Kuwait paid…They have done these things. And now they are ISO 9001 compliant to do international exchanges…..to me this is very big  news.

Member: Iraq is now ISO certified, now need to implement it!

Member: is Vietnam Iso 9001 compliant?

Member: Hey @MARK On May 5, 2022, Keizu Vietnam achieved ISO 9001:2015 certification.

Member: ISO is a very broad Quality Management System that has many sub-sets. We implemented for a manufacturing company.

Mod:  ​All countries have to be ISO9001 COMPLIANT by the end of this month. https://www.bobsguide.com/articles/banking-payments-reimagined-upcoming-challenges-for-european-banking/

Member:  If there's a rate in-country, in Iraq, and they paid the contractors with that rate, their people must be mad as heck

Member: ​Why can't the RV go without Iraq, I say they do it and leave them in the dust.

Member: Last week Mark said they are thinking about doing just that!!

Member: If Iraq goes first will it affect the dong and the Zim?

MZ: if Iraq goes first I think it will force Vietnam to move up its time frame –imo…..But I still expect them all go at the same time.

MZ: No updates as of yet on the bond side…..i will let you guys know when I get an update out of Europe…it may just be a tweet.

MZ: I think this is important...a noteworthy occurance:  “U.S. Congressman Introduces Gold Standard Bill as Inflation Spirals Out of Control”   https://www.moneymetals.com/news/2022/10/08/us-congressman-introduces-gold-standard-bill-as-inflation-spirals-out-of-control-002607

MZ: We saw this presented most recently on Friday….this gets presented pretty regularly. This is from Rep. Alex Mooney from W. Virginia. They are pushing for sound money.

MZ: Also in there “Upon passage of H.R. 9157, the U.S. Treasury and the Federal Reserve would have 30 months to publicly disclose all gold holdings and gold transactions, after which time the Federal Reserve note “dollar” would be pegged to a fixed weight of gold at its then-market price.” So it gives them 30 months to get things going and clean all the old books. To me this is the market forcing the reset.

MZ: We don’t know the exact timing…..like predicting a volcano will erupt….the signs are all there….they know its coming…..we will go back to sound money.

Member: I heard this process started long ago…and they are much further along with our gold backed currency then this article suggests…..….

Member: Why do we keep hearing the RV started in other countries….just not in the US?

MZ:  I am positive the process has started. But, that doesn’t mean anyone has money in their hands yet….

Member: Phil Godlewski states his Intel says by end of this week we won't be able to sleep because we are so excited.

Member: Charlie Ward said he suddenly got put under NDA late last week.

Member:  Dr. Kia Pruitt put out an interesting video about Nesara Saturday. It was about the release of the new USN currency.

Member: MarkZ: Last week Dallas on PPN said the law passed in IRAQ to finish the RV in 50 days ends on October 12, 2022.

Member:  How did Noah endure 120 years of being called a nut. It's been hard for just a couple of years

Member: I feel like we're close? It seems like the news just gets worse and worse - which seems to be better for us.

Member: If America isn't waking up yet with all this terrible news going on -- they never will

Member: I think scare event before RV

Member: I'm starting to feel that we're all being played by the powers in charge of everything. Hate that feeling !!

Member: just remember we are all been chosen by God for this time in History. He has won !

Member: Thanks Mark and mods…..see everyone in the morning…..unless something big happens tonight…..which i hope it does!!

“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...

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

There is no scheduled stream tonight. But if the news comes in hot and heave….Mark will let us know.

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.

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=0zzEsyJkxRU

News, Rumors and Opinions Monday 10-10-2022

KTFA:

Samson:  The Central Bank of Iraq obtains an international certificate in cash management

9th October, 2022

Today, Sunday, the Central Bank of Iraq obtained the ISO certificate (ISO9001:2015) related to the quality management system in terms of cash management, issued by TQCS INTERNATIONAL PTY LTD.

The company, which granted the certificate to the Director General of the Issuance and Treasury Department, praised the efforts of the Central Bank of Iraq in implementing international specifications and standards. 

It is noteworthy that this certificate is granted every three years to institutions that implement international systems and standards for total quality management and institutional development. 

Central Bank of Iraq
Media Office
9 - October – 2022   LINK

Samson:  Economist: Political conflicts have lost Iraq's strength in front of investors

9th October, 2022

The economic expert, Hashem Al-Habboubi, considered on Sunday that the loss of many investment opportunities for important and strategic projects was caused by political conflicts and the loss of confidence between them, pointing out that these struggles made Iraq lose its strength in front of investors. 

Al-Haboubi said in a statement to "Al-Mawrafa", that "the abhorrent quota system and the loss of confidence between parties and political forces and their struggles over high positions and bodies made the doors open for the corrupt and looted treasury funds allocated to projects, especially infrastructure projects," noting that "infrastructure projects need years of Fixed government funding.

He added that "the loss of many investment opportunities for important and strategic projects is caused by political conflicts and the loss of confidence between them," noting that "these struggles have made Iraq lose its strength in front of investors." 

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, had confirmed in a previous statement that the minimum budgets lacked opportunities for economic growth, and deprived Iraq of major strategic projects.    LINK

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American Patriot:

The QFS has not been fully activated as of this date. There have been some currencies downloaded to the QFS for Alliance purposes, but the full activation will not occur until the Global Currency Reset is completed. There are other conditions that must be met, but as of this date have not been. When they are met, the Zim Redemption and exchange of revalued currencies will take place. The talk about paymasters being paid or any other reported movement of money would only be Fiat currencies and not part of the Gold-Backed QFS currencies. There will be full activation of the QFS when the RV is announced and the protocol for the redemption process is published. Until then, all reports of movement of QFS currency is a figment of someone's controlled mind.

**************

Courtesy of Dinar Guru

Sandy Ingram   We have excellent news from Iraq.   The ARAP private bank league revealed...the financial statistics of the Iraqi banking sector during the first half of 2022 were favorable because of its strategy adopted by the Central Bank of Iraq.  This strategy was put into place to strengthen the public's confidence in the banking sector.  This is important because there can be little to no talk of a revalue of currency until the Iraqi people trust the banking system and put their money into the bank and not under the mattress. [Post 1 of 2....stay tuned]

Sandy Ingram  The CBI quietly encouraged loans by the private banking system in Iraq and it worked big time!  The credit granted to the public during the first half of 2022 reached $2.53 billion U.S dollars at a rate of around 7% interest.  Deposits increased around $5.69 billion...bring the total deposits in the banking sector to $73 billion...You see everyone in Iraq is not broke.  The assets in banks grew to 112 billion...things are happening in Iraq for the good.  This has happened even with the protests, the political crisis and Iraq not being able to form a government...   [post 2 of 2]

The Fed Has Made Zero Progress Fighting Inflation - Ep 847

Peter Schiff:  10-9-2022

· Bank of England has Wall Street questioning the Fed.

 · Consumers are spending and borrowing more than ever.

· Oil prices rise on OPEC+ production decrease.

· Bitcoin is very close to a major collapse.

· Michael Saylor is harming more investors than Kim Kardashian.

· Bond investors still don’t believe inflation is here to stay.

https://www.youtube.com/watch?v=w07D0mrFP_k

MARKETS A LOOK AHEAD: World Bank WARNS OF "5th Wave Of Debt Crisis."

 By Gregory Mannarino:  10—9-2022

https://www.youtube.com/watch?v=0neY8DMvIdc&t=21s

"Tidbits From TNT" Monday Morning 10-10-2022

TNT:

CandyKisses:  President Saleh on the First Anniversary of the Early Elections: A Cruel Reminder of Missed Opportunities

A year has passed since the elections have not completed their constitutional entitlements. \

A harsh reminder of the missed opportunities for our country, and an important incentive for unity and inclusive national dialogue, the basis and end of which will be the interest of the nation and citizens and the fulfilment of their right to a free and dignified life.

 It is time to end the spiral of crises and establish good governance. 

Tishwash:  A year after the elections, a report sheds light on the political reality in Iraq

Iraqis went out a year ago to vote in the first early elections, which came as a result of the pressures generated by the popular October protests, but the political parties are still witnessing inability to form a government in accordance with the benefits brought by the last elections, as well as their entry into a stifling crisis, Politicians have not found any way out so far.

The caretaker government, headed by Mustafa Al-Kazemi, continues to run the country's affairs, despite the current pressures that Iraq is going through.

The percentage of voting boycotts in the legislative elections reached about 57%, as the High Elections Commission announced that the participation rate is estimated at 43%, and according to these figures, the percentage of boycotts exceeded that recorded in 2018, which was 44.5%, according to official figures.

Chest win:

The results announced by the Electoral Commission showed that the Sadrist bloc won the largest number of seats, as it won 73 seats out of 329 seats in the House of Representatives, followed by the “Taqaddam” bloc headed by the current Speaker of Parliament, Muhammad al-Halbousi, with 38 seats, and the State of Law bloc came in third place. With 37 seats.

Supporters of the Sadrist movement celebrated the emergence of its progress in the results, and rallies roamed the streets of the capital, Baghdad, raising Iraqi flags and pictures of Muqtada al-Sadr.

Muqtada al-Sadr described the elections as "the day of victory over the militias," saying that "the time has come to disband the militias and confine weapons to the state."

Appealing the results:

On the other hand, parties announced their appeal against the results of the early legislative elections, denouncing the occurrence of “manipulation” and “fraud.”

The gains of the Al-Fateh Alliance led by Hadi Al-Amiri declined, as it won 14 seats after it had won 45 seats in the previous elections in 2018, while the State of Law coalition, headed by former Prime Minister Nuri Al-Maliki, managed to achieve more than 30 seats, and the Al-Fateh Alliance scored more than 30 seats. Which represents the Popular Mobilization, a significant setback in the new parliament, which prompted it to form alliances.

Formation of the coordinating framework:

The coordination framework was formed on October 11, 2021, with the aim of coordinating the positions of the Shiite forces rejecting the preliminary results of the early parliamentary elections, which demanded that they be recounted manually, due to the significant decrease in the number of their seats compared to the previous elections.

It includes 130 parliamentarians with the aim of forming a consensus government, and the leader of the Sadrist movement, Muqtada al-Sadr, opposed it, demanding a political majority government in which other forces did not participate.

Single meeting:

In December 2021, the Shiite house met in the house of the head of the Fatah Alliance Hadi al-Amiri, in a meeting that brought together Muqtada al-Sadr and the forces of the coordinating framework, including Nuri al-Maliki, Haider al-Abadi, Qais Khazali, Faleh al-Fayyad, and Ammar al-Hakim.

After the meeting, al-Sadr announced that the next Iraqi government would be a "national majority government, neither eastern nor western," in a tweet to him on Twitter.

Al-Halbousi’s election:

On January 9, 2022, the new Iraqi parliament elected Muhammad al-Halbousi as its speaker after a first session of the Parliament, which was characterized by chaos and altercations between representatives and tension between the Sadrist movement and the “Iran-backed” parties and groups.

The session witnessed violent altercations and chaos, during which the head of the session, which was chaired by the oldest MP, Mahmoud al-Mashhadani, 73, was subjected to an “assault,” after which he was taken to the hospital.

“Save a Homeland” announcement:

On March 23, 2022, the “Save a Homeland” alliance was announced, bringing together the “Sadr movement” led by Muqtada al-Sadr, and the “Sovereignty” alliance, the political representative of the Sunni Arabs in Iraq, led by Khamis al-Khanjar (the alliance includes the “Progress” movement led by Muhammad al-Halbousi and the Azm Movement, and the ruling Kurdistan Democratic Party in the Kurdistan region led by Massoud Barzani. The coalition succeeded in gathering about 180 deputies in Parliament.

The nomination of Jaafar al-Sadr

On the same day, al-Sadr announced the nomination of the Iraqi ambassador in London, Jaafar al-Sadr, to head the new government, but after the Sadrist bloc's decision to resign from Parliament, Jaafar al-Sadr announced his withdrawal from the nomination.

The Broken Three"

“Save the homeland” lost its mainstay with the withdrawal of the Sadrists from Parliament and the political process as a whole, in June 2022 after his failure to form the government due to the “blocking third” in the House of Representatives, which was like a “stick in the wheel” that obstructed the election of the presidents of the republic and government.

The Federal Court of Iraq stipulated, during a statement on February 3, 2022, that Parliament elect a President of the Republic from among the candidates for the position by a two-thirds majority of the total members. The quorum is achieved by the presence of two-thirds (220) of the total number of parliament members (329).

The forces of the coordination framework headed by al-Maliki and al-Amiri managed to gather more than a third of the Iraqi parliament, and disrupted the two sessions of electing the president of the republic for two consecutive times.

In turn, the Supreme Judicial Council decided, on April 3, 2022, the constitutionality of the blocking third in the Iraqi parliament.

The President of the Council, Judge Faiq Zeidan, said in a televised interview, “The term guarantor or blocking third has no text in the constitution,” adding that “the Federal Court has worked hard to keep the President of the Republic in his position because this case does not apply to the constitutional text of the vacancy of the position.”

green events

On July 30, al-Sadr called on his followers to storm the Green Zone and sit inside the parliament building, to prevent the holding of any sessions that might lead to the formation of a government led by the Coordination Framework forces that have become constitutionally qualified to nominate their candidate for prime minister and assign him by the elected president of the republic to form the new government.

Two weeks after al-Sadr's supporters stormed parliament and demanded the judiciary to dissolve it, in the context of his call for new elections, supporters of the "coordinating framework" carried out their own sit-in in Baghdad to pressure for the formation of a new government.

Both factions have set up competing camps in Baghdad, where Sadr's supporters are located inside the Green Zone, while their opponents, the supporters of the "coordinating framework", are spread outside it.

Al-Haeri announces his “famous” fatwa

The Shiite religious authority, Kazem Al-Hairi, issued a statement on August 29, 2022, declaring not to continue as a religious authority and to “drop all agencies and permissions issued by us or by our offices and not to receive any legitimate rights by our agents and representatives on our behalf as of the date of this announcement.” According to the statement.

Al-Haeri justified his decision with “illness and advanced age” and demanded “obedience to the leader of the Islamic Revolution, Ali Khamenei,” on the grounds that he is “the most worthy and most qualified to lead the nation and manage the struggle with the forces of oppression.”

Hours later, Muqtada al-Sadr announced his retirement from political work, and said in a statement that he was retiring from political work permanently after "I wanted to make the distortion that was caused by the Shiite political forces."

Al-Sadr said that Al-Haeri’s retirement “was not of his own free will,” adding: “I have never claimed infallibility or diligence, not even (the leadership), but I enjoin good and forbid evil ... I only wanted to bring them (Shiite political forces) closer to their people and to feel with his suffering.”

In a final attempt to exclude the coordination framework, groups of the Sadrist movement stormed the Green Zone for more than 18 hours on August 29 and 30, then withdrew after a directive from their leader.

11 initiatives to solve a crisis

Various political parties advanced, about 11, to solve the crisis of forming the government, but they all failed to bring the two main camps of the crisis, the “Sadr movement” and the “coordinating framework” together.

Among the 11 initiatives, 3 of them were for the coordination framework, 3 were for the Sadrist movement, an initiative by independent representatives, an initiative by the civil “extension” movement, an initiative by Sunni political forces, and two initiatives by Kurdish forces, without leading to any solutions.

Sudanese nomination

On July 25, 2022, the "Coordination Framework" announced the nomination of Muhammad Shia Al-Sudani, for the position of Prime Minister of the next government

Formation of a “state administration coalition”

The State of Law coalition, led by Nuri al-Maliki, announced on September 24, 2022, the formation of the "Coalition of State Administration" and includes (the coordination framework, the Alliance of Resolve, the Alliance of Sovereignty, the Democratic Party, the National Union, the Babylon Bloc) to form the new Iraqi government, without success so far. .

The crisis of forming the new government is one of the most complex political crises that Iraq has witnessed since 2003. According to the prevailing political norm in Iraq after the first parliamentary elections in 2005, Shiites head the government, Kurds head the republic and Sunnis head parliament.

link

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Fatah: The President of the Republic will be elected next week, and a delegation including Al-Fayyad and Al-Halbousi will visit Erbil.

The head of the Fatah Alliance parliamentary bloc, Abbas Al-Zamili, expects the election of the President of the Republic in the House of Representatives early next week.

Al-Zamili said in the program “Al-Mastra” broadcast by Al-Furat satellite channel this evening: “We are moving towards the election of the president of the republic and the formation of the government for a short period of time.” If they do not reach an agreement, parliament will have to choose one of the candidates, but we do not want to reach this stage."

He added, "Before the middle of this month and the beginning of next week, a president will be elected if a channel of communication and understanding is not opened with Mr. Sadr."

He revealed, "The visit of a delegation (from the State Administration Coalition), including the head of the Popular Mobilization Authority, Faleh al-Fayyad, and Parliament Speaker Muhammad al-Halbousi, to Erbil, to meet with the leaders of the Kurdistan Democratic Party to discuss political affairs and efforts to complete the constitutional entitlements."

Al-Zamili called "the two Kurdish parties to reach an understanding, either by agreeing on one presidential candidate or going to parliament with two candidates," noting that "the framework is pressing in this direction and resolving the matter in the near term and as political forces called upon to save the country by completing the political benefits."

He stressed, "We are ready to negotiate to a maximum point with the Sadrist movement, despite our knowledge that the movement's decision is exclusively in the hands of Mr. Muqtada al-Sadr," noting that "the framework candidate, Muhammad Shia al-Sudani, is a person who enjoys the confidence and acceptance of the majority of political forces," as he put it.
And on the draft law on addressing housing abuses, Al-Zamili said: "The framework rejected the slums law, but the parliament speaker insisted on reading it first."

He explained, "We are in favor of going towards land ownership as a reality, especially in the (agricultural title)," noting that "this law will be transferred to the new government."   link

buuuuuuuut...

The rule of law denies holding a session to choose the president of the republic next Wednesday: a decisive meeting only

Today, Sunday, the leader of the State of Law coalition, Turki Al-Atabi, denied holding .a session to choose the president of the republic next Wednesday

Al-Otbi said in an exclusive statement to (Baghdad Today) that "on Wednesday, we will hold a meeting with a Kurdish delegation in Baghdad to resolve the position of ".President of the Republic

He continued, "We hope that the Kurdish delegation will present a consensual ".candidate, otherwise our option will be to repeat the 2018 scenario again Al-Otbi expected, "The decision session will be held next week because the situation ".in the country requires action in order to start forming the government    link

Mot: ... YOu Tell um - Earl!! ~~~~~

Mot: .... It's A Family Thingy I Thinks! ~~

Breaking News: Our Gold Backed Money Has Arrived! Nesara

Breaking News: Our New Gold-Backed Money Has Arrived! NESARA

Dr. Kia Pruitt:  10-8-2022

Nesara:  National Economic Security and Recovery Act was a set of proposed economic reforms for the United States suggested during the 1990s by Harvey Francis Barnard.

Barnard claimed that the proposals, which included replacing the income tax with a national sales tax, abolishing compound interest on secured loans, and returning to a bimetallic currency, would result in 0% inflation and a more stable economy.  https://en.wikipedia.org/wiki/NESARA

Currency converter: https://www.likeforex.com/currency-converter/us-dollar-usd_usn.htm/1

Federal Reserve Merges with the US Treasury: https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html

Here us a video explaining the merging between the fed reserve and us dept of treasury: https://youtu.be/nZwXELZH8Ag

Difference between currency and money by David Mahoney (The Hidden Secrets of Money): https://www.bing.com/videos/search?q=david+maloney+difference+between+curency+and+money&view=detail&mid=75D5F6436508B7DD03C575D5F6436508B7DD03C5&FORM=VIRE

Intel starts about minute 6:00

https://www.youtube.com/watch?v=a1fAm-YnVGE

Economic Thoughts From Bill Holter and Sean Foo Sunday 10-9-2022

Bill Holter: Full-On Credit/Derivatives Collapse - QE To Infinity And Then Total Global Bankruptcy

Good as Gold Australia:  10-9-2022

In this latest interview, Brian and Darryl Panes from As Good As Gold Australia interview financial and precious metals icon, Bill Holter from JSMineset.org Is Egon von Greyerz's warning of a total global collapse that will incorporate food shortages, stock market crashes and unprecedented panic warranted? Bill's response is riveting.

The last time silver went up as much as it did last Monday, was November 2008. That was the bottom - and silver went up 400% in the next 2.5 years.

Silver is up 22% in Aussie dollars over the last 5 weeks. Has silver turned the corner? Are we about to see a repeat of 2008?

6 months ago, silver was slammed down on a Sunday night - why not this time? Russia is extremely close to releasing their true gold holdings of about 12,000 tonnes, and not long after, we believe China will release their holdings at around 30,000 tonnes.

Even if the US has 8,000-9,000 tonnes, which by the way hasn't been audited since the 1950s, what would this mean for the US.

Jim Sinclair refers constantly to becoming your own central bank. What exactly does that mean? Preparation is paramount with the oncoming economic disaster that lies ahead. Bill shares his views accordingly.

https://www.youtube.com/watch?v=4sr__6MdN0M

Cheap Energy Is Over - OPEC Has Changed The Game!

Sean Foo:  10-9-2022

A New Oil Order is rising and the era of cheap energy is over. The OPEC plus oil production cuts is a key moment in history. Globalization is truly breaking down. We will be moving towards a future of high inflation and high prices as the 'World Oil Powers' are moving towards direct competition. Here's what you must know!

https://www.youtube.com/watch?v=86kmQzmbrAc

The Biggest Wealth Destructions Event in History: Ronald Peter Stoeferle

Ronald-Peter Stöeferle: The Biggest Wealth Destruction Event in History

Palisades Gold Radio:  10-9-2022

Tom welcomes back Ronald from Incrementum AG. Ronald brings us an update on the gold markets and his thoughts on the overall global economy.

Ronald believes that recession concerns will be the focus in the United States instead of inflation. This may provide the Fed some leeway as the public will be distracted by the economy. Europe will be more concerned with sticky inflation issues as energy problems continue. Europe is definitely in a recession, and it's quite likely the United States is now as well.

The Fed's decision to raise rates aggressively will give them some wiggle room. Europe has only seen minor rate hikes in the Eurozone, which may be problematic for them.

Mr. Putin is given the blame for high-energy prices, but the real cause is a lack of prudent investment in resources. Many are realizing that commodities are a necessity. The West has overestimated our bargaining power in the resources. There are very strong structural drivers for a commodity bull market.

We're seeing problems with credit default swaps and expectations for interest rates hike continue into next year. Market sensitivity to rising interest rates is increasing, influencing the economy and spending behavior.

 Sixty trillion globally since January has been wiped off the books. This is massive wealth destruction, and the gold market is indicating we may have seen peak hawkishness.

The impact of the Fed hikes are just now starting to be felt. It's like drinking 'tequila shots' as there is a time delay to the effects. The real tightening only started recently. We're seeing enormous strength in the dollar, which is acting as a wrecking ball.

The problems will manifest over the coming months, and by then it may be too late to pivot. Eurozone's countries will subsidize energy this winter. This is the road to serfdom, and arguably the E.U. is no longer a market-based economy.

Gold is doing its job by performing well against nearly all currencies. When dollar strength wanes, gold will once again outperform. Should the dollar rise further, we will see serious issues globally. In the long term, the currency to be in is gold.

Sentiment in the junior metals space has been hit hard, but things are shifting. Most large cap miners and streaming companies are in good positions. The large players have excellent balance sheets and acquisitions will resume at some point.

There are some great values in the resource market. He discusses some of the models they use and how keeping them fairly simple may be key.

Talking Points From This Week's Episode - Why inflation concerns in the U.S. will switch to recession fears. - The West is facing the consequences of failing to capitalize resources and energy markets. - Fed's aggressive policy actions are only starting to be felt. - Overview of the mining sector and why new money is needed.

Time Stamp References:

0:00 - Introduction

1:10 - Inflation Outlook

5:20 - Resource Investment

 8:00 - Fed Policy & Intervention

11:28 - Sixty Trillion Wiped

13:14 - Rates & Time Lag

20:40 - Gold Vs. Currencies

23:44 - Miners & Capital Flows

30:42 - Price Distribution Model

35:00 - Wrap Up

https://www.youtube.com/watch?v=fI22-hX1l4Q

"Tidbits From TNT" Sunday 10-9-2022

TNT:

Tishwash:  A member of it: Parliamentary Finance is awaiting sending 3 important laws

A member of the Parliamentary Finance Committee, Jamal Cougar, confirmed today, Sunday, that the committee is waiting for 3 important laws to be sent by the government.

Cougar told Al-Furat News that: "The laws that the government will send, such as the budget law, the law to unify the salary scale, or a law similar to the emergency food support law are awaiting."
He stressed "the priority of the budget law in sending it to the House of Representatives, especially since time so far will allow for that."

"There is time and space for all political parties to form a government," Cougar added. link

Yada: The Kurds have not presented a candidate. They keep referencing the 2018 election and that was when two candidates were presented and all of parliament voted in the President. Looks like that is what they want to happen again so they can wrap this up before the UN comes in and takes over.

Annie68:  What do you think the chances of Kurdistan staying with Saleh?

Yada:  annie. We know Sadr has the greatest influence and thus far stopping the formation by the Framework. Glad he is because they want to keep the consensus government, the government that has everything backed up now. BUT,,,The Kraken is at their door. Kurds want to pull the trigger but will they all let it all collapse for the sake of stopping the Framework . What would you be willing to do?

CharlieOK:  Trying to figure out Iraq from articles coming out of Iraq is useless. The crooks are in the henhouse and there they will stay until the US/UN turns out the lights.

Yada: Charlie, now the UN put them on notice with all their shanigans and they know who is coming for them.

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Tishwash:  The Central Bank announces the printing of a new category

The Central Bank of Iraq announced the printing of the new 20 thousand dinars denomination, which will be included in the normal monetary practices of the Central Bank and within the framework of reconsidering the structure of the national banknote series.

This category will be intermediate to the structure of the coins and will be enhanced with high security marks from the latest globally and will provide an addition to the smaller denominations such as the five thousand and the ten thousand.

The twenty thousand denomination will be of the (standard) size under which the fifty thousand denomination was printed, and it will also bear Iraqi features, as was done in the currencies that preceded it.

The 50 thousand category is sufficient at the present time for the upper limit of the Iraqi currency, which is a very strong and sober category and can be used for storage, savings and cash transactions.  link

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Samson:  Parliament gives the central bank governor 7 days to answer questions about the currency sale window

On Sunday, the First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, gave the Central Bank of Iraq one week to answer the questions of the Finance Committee regarding the currency sale window, stressing the need to take more effective precautionary measures to address the inflation caused by the devaluation of the dinar against the dollar.

This came while he chaired an expanded meeting of the Finance Committee, in the presence of Central Bank Governor Mustafa Ghaleb Mokhief, according to a statement received by Shafak News Agency. Al-Mandalawi said, "The Central Bank is directly responsible for implementing the country's banking policies, and it is concerned with developing the work of banks and monitoring their work in order to protect citizens' deposits and keep pace with the global development in this important sector on which the state depends to develop the rest of the sectors such as industry, agriculture, investment, tourism and others, stressing the "The bank must take more effective precautionary measures to address the inflation resulting from the devaluation of the dinar against the dollar."

During the meeting, a number of questions were raised by the members of the Finance Committee related to the currency sale window of the Central Bank, the loans of the industrial and housing initiative, the Central Bank’s policies regarding increasing the capital of commercial, Islamic and private banks, custodial banks, letters of guarantee, and the bank’s supervisory role over banks, and to come up with a sentence From the recommendations, and agreeing to hold another meeting soon to answer the questions raised and to provide a full briefing on all topics and details.”

According to the statement, Al-Mandalawi gave the Central Bank a period of one week to answer clearly the questions submitted by the members of the Finance Committee, and to provide the Committee with all documents related to the file of letters of guarantee and the currency sale window. link

****************

CandyKisses:  The United States launches an attack on “OPEC” and India is “surprised”

America launched an attack on the OPEC alliance after the latter cut its oil production by two million barrels per day, after oil prices fell to less than $90 a barrel

America: The cut is supportive of Russia

US Treasury Secretary Janet Yellen said that the OPEC + decision to reduce oil production was "unhelpful and unwise" for the global economy, especially emerging markets, expressing its deep concern about developing countries and the problems they face

The White House also said in a statement signed by National Security Adviser Jake Sullivan and Senior Economic Adviser Brian Dees that Biden was "disappointed by the short-sighted OPEC+ decision. As for presidential spokeswoman Karen-Jean-Pierre said that the decision "constitutes a mistake," adding, "It is clear that through his decision today, the OPEC + alliance stands with Russia

India surprised by the amount of the reduction

As for India, it is the third largest consumer and importer of oil in the world, and it relies heavily on its imports from the Arab Gulf states and Russia in the recent period. It was surprised by the decision. Indian Oil and Natural Gas Minister Hardeep Singh Puri said that the global market was preparing to reduce production by about one million barrels per day, so many countries in the world were surprised by the decision to reduce production by two million barrels

The Indian minister expected that oil prices will rise due to the lack of crude supplies that will be put on the global market, adding that the rise in oil prices will contribute to exacerbating the economic stagnation, which in turn will lead to a reduction in demand, and the matter will turn in a vicious circle

OPEC: America's emotional statements

Saudi Energy Minister Abdulaziz bin Salman said, after the first in attendance meeting of coalition members since March 2020, that the priority of "OPEC +" is "to maintain a sustainable oil market

Meanwhile, Iraqi Oil Minister Ihsan Abdul-Jabbar said that the decision prevents the continued decline in oil prices. Sumo added that Iraq's share of production after the reduction will reach 220,000 barrels per day

Meanwhile, Saudi Minister of State for Foreign Affairs Adel Al-Jubeir confirmed that his country does not "politicize" oil and that the rise in oil prices in America is due to a lack of refining capacity, in response to Washington's criticism of the OPEC + decision to cut production during its meeting last week. Al-Jubeir considered that the statements made by US President Joe Biden and a number of members of the Democratic Party were "emotional" and interfered with the preparation of the upcoming midterm elections in America

The organization, which includes 13 countries and its 10 allies led by Russia, agreed that during their meeting in Vienna it was agreed to cut production by two million barrels per day, starting in November, in what is the largest reduction since the height of the Covid pandemic in 2020

Mot:  .. Dang Dude! -- that is Soooo Kool! ~~~~

Mot: .. Soooooon - the NaySayer Button!! - YEA!!!!