The US Has Been Hit Hard! Egypt Wants To Decouple From the Dollar
.The United States has been hit hard! Egypt wants to decouple from the dollar!
Deepin Moments: 10-31-2022
After the outbreak of the Russia-Ukraine conflict, the United States not only has no bottom line sanctions against Russia, but also take advantage of this opportunity to harvest European wealth, and the United States has the courage to do so recklessly, there is an important reason is that the United States has the dollar hegemony.
The United States uses its dollar hegemony to enjoy many advantages and has been running roughshod over the world, making its own rules and doing whatever it can to achieve its goals.
But as the world development process continues to promote, countries began to gradually rise, the United States of this hegemonic behavior, but also by more and more countries dissatisfaction, this is not, now comes a bad news of the United States.
The United States has been hit hard! Egypt wants to decouple from the dollar!
Deepin Moments: 10-31-2022
After the outbreak of the Russia-Ukraine conflict, the United States not only has no bottom line sanctions against Russia, but also take advantage of this opportunity to harvest European wealth, and the United States has the courage to do so recklessly, there is an important reason is that the United States has the dollar hegemony.
The United States uses its dollar hegemony to enjoy many advantages and has been running roughshod over the world, making its own rules and doing whatever it can to achieve its goals.
But as the world development process continues to promote, countries began to gradually rise, the United States of this hegemonic behavior, but also by more and more countries dissatisfaction, this is not, now comes a bad news of the United States.
According to reports, following Russia, Iran, India and Turkey, Egypt has also joined the camp of de-dollarization.
Egypt has decided to decouple its currency from the U.S. dollar, as the U.S. is not Egypt's main partner country, so Egypt will proceed to establish an Egyptian pound index regardless of the direction of the dollar exchange rate, as to what currency is linked to, which could be gold or other metals.
Egypt's announcement to decouple from the dollar is a big deal for the dollar.
Although Egypt's economy is not large or small, even if the Egyptian pound and the dollar decoupling, the impact on the dollar hegemony is very small.
I say this event is big because he set a precedent. Other countries whose currencies are pegged to the dollar will follow Egypt's decoupling from the dollar because of the lack of dollar reserves.
Once the decoupling of more countries, will accelerate the process of de-dollarization, then, will inevitably let the dollar hegemony suffered a heavy blow.
Monday Evening Chat with MarkZ 10-31-2022
.Halloween Evening News with MarkZ 10/31/2022
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: someone do a magic trick and make the RV happen. …with doves… make it fancy!
Mod: MARK WILL DO A SHORT STREAM TONIGHT HIS VOICE IS VERY TIRED
MZ: today was very much a nothing burger day for RV news. Some political back and forth out of Iraq as to RV timing but nothing serious news wise.
MZ: Redemption center folks have been in doing preparatory work…but they do not have an idea on timing .
Halloween Evening News with MarkZ 10/31/2022
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: someone do a magic trick and make the RV happen. …with doves… make it fancy!
Mod: MARK WILL DO A SHORT STREAM TONIGHT HIS VOICE IS VERY TIRED
MZ: today was very much a nothing burger day for RV news. Some political back and forth out of Iraq as to RV timing but nothing serious news wise.
MZ: Redemption center folks have been in doing preparatory work…but they do not have an idea on timing .
MZ: I really thought today would be a “meaty burger” day….and it has turned out to be an “impossible soy burger “instead. It has been very quiet…..
MZ: News out of Iraq is all over the place. Seems to be status quo right now with politicians, leaders and finance ministers …..but don’t take this as a bad thing. Part of them are saying”no,no, no –we can’t do it now” and part are saying “We are absolutely doing it now” This is what we expect.
MZ: We saw the same thing out of Kuwait….this is playing out exactly as expected. We have to somehow keep our calm and our patience as we work through this.
Member: it was painfully quiet today on a day I expected to see fireworks. I was really hoping to wear the golden egg shirt today.
Member: How long did Kuwait not let anyone exchange there new rate?
Member: I think they kept the new rate hidden for 10 days…..then word was out.
Member: Mark since it is so quiet…it could mean we are very very close?
Member: Looks like the goal post for the RV is being kicked and kicked and kicked…..
Member: I wish Iraq would just go …even at a 1 to 1 rate…it would be better than the nothing we have had for so many years.
Member: How can we RV when there is an active war between Russia and Ukraine? You can’t.
MZ: I really don’t think that is going to be an issue. I think it may all suddenly “cure itself” once we have an RV. Without deep state funding many things will fix itself. Same with politics around the world. Because of Nesara/Gesara you will see wars stop..so I am really not concerned about that. .
Member: we must ask ourselves.. do we want a quick fix to solve our needs.. or take the time to fix this in away we never fall back into the same b.s.
Member: We need that EBS and that 800 number. We need public arrests. Dear God deliver us
Member: I'm praying we will wake up to our surprise!!! tomorrow AM
Member: Enjoy your night everyone…..the best is yet to come.
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/
The next stream is tomorrow at 10Am est……..
More News, Rumors and Opinions Monday Afternoon 10-31-2022
.KTFA:
Samson: After a break of three years.. Baghdad exhibition starts tomorrow with Arab and foreign participation
10/31/2022 09:45:21
The Baghdad International Fair will start tomorrow, Tuesday, after a 3-year hiatus due to the Corona pandemic in the country and the transformation of parts of the exhibition into quarantine sites.
The exhibition, in its 46th edition, will be held under the slogan "The Cradle of Civilizations... Progress and Challenges to Attract the World", with Arab and foreign participation from 13 countries.
The exhibition will last for 10 days. LINK
KTFA:
Samson: After a break of three years.. Baghdad exhibition starts tomorrow with Arab and foreign participation
10/31/2022 09:45:21
The Baghdad International Fair will start tomorrow, Tuesday, after a 3-year hiatus due to the Corona pandemic in the country and the transformation of parts of the exhibition into quarantine sites.
The exhibition, in its 46th edition, will be held under the slogan "The Cradle of Civilizations... Progress and Challenges to Attract the World", with Arab and foreign participation from 13 countries.
The exhibition will last for 10 days. LINK
Toyvp: Here is some news that hasn't gotten through just remember these people fight over everything
Brawl in Iraqi parliament during voting session
Independent politicians taken to a room by security forces after death threats in parliament
Prime Minister-designate Mohammed Shia Al Sudani at the parliament during a confidence vote on his new government, on October 27, 2022. AFP
Oct 28, 2022
A fight erupted during Iraq’s parliamentary session late on Thursday between independent politicians and members of the Iran-backed Co-ordination Framework.
The much awaited session came about a year since the country held a national election which was met by deadlock as various officials failed to agree on people to fill the top posts in government.
After a harsh verbal exchange between Alaa Al Rikabi, an independent politician and leader of the Emtidad movement and members of the Iran-backed Co-ordination Framework during the session, a brawl broke out.
The fight overshadowed Prime Minister Mohammed Shia Al Sudani's presentation of his Cabinet to parliament.
Mr Al Rikabi's new movement in parliament has faced tough times because the body has been dominated by establishment politicians and parties since the US-led invasion of 2003.
His party was formed out of mass protests in 2019. It called for an end to government corruption and for better public services such as health care, electricity, access to water and employment opportunities.
A video circulated on social media showed Mr Al Rikabi, who appeared to be in a dark room, saying that he was beaten up during the session and taken to a room inside the parliamentary building.
"They have threatened to kill us, the security forces have put us in a room to protect us. Let the people know that we have been subjected to violence inside the parliament, " Mr Al Rikabi said in the video.
He said he is with his colleague, politician Falah Al Hilali. They claim that they were hit by other politicians as they entered the parliamentary room.
"Our lives are in danger, we want the Iraqi people to know," he said.
The two men said the violence came as a direct result of their refusal to vote for the new Cabinet.
"New Iraqi prime minister's security have unlawfully detained opposition MP Alaa Al Rikabi and others from Emitdad movement in a small room inside Iraq's parliament building," said Ruba Ali Al Hassani, postdoctoral research associate at Lancaster University.
"It pains to say this, but this is just the beginning of Mohamed Shia's term. What will he do next?" Ms Al Hassani said on Twitter.
Security forces said they detained the two officials to protect them from potential danger.
Ms Al Hassani said: "You protect him by arresting those issuing death threats ... but since they are now in power, that's not going to happen."
Assault, threats and intimidation are not new phenomena in Iraq politics.
Updated: October 28, 2022, 6:44 AM
https://www.thenationalnews.com/mena/iraq/2022/10/28/iraq-fight-erupts-in-parliament-during-voting-session/
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Courtesy of Dinar Guru
Frank26 There are two ways of looking at the 3-zeros...What happens when they say, 'we're going to drop the 3-zeros?' Do you think they're going to get a pair of scissor and they're gonna cut that out [the 3 zeros on a 25000 note]? There's your 25? ...When you drop the 3-zeros from the exchange rate [.0008569] you're left with .85...When you take your physical 3-zero notes 25,000, 10,000, 5000, 1,000...they're not just gonna cut them [the zeros] out. [Post 1 of 2....stay tuned]
Frank26 They're going exchange them for the rate ...and give it to you in your savings account. When you drop the 3-zeros, you drop them off the exchange rate [.0008569 becomes .8569]. That's very close to being 1 to 1 right there...'but Frank I got a 25K note and if they drop the 3-zeros and it's 1 to 1 then a 25K is $25,000...and because I live outside of Iraq I can exchange it for the international rate. That's how I get my capital gains.' Yeah! [Post 2 of 2]
IS "ALL HELL" ABOUT TO BREAK LOOSE? MMRI Hits 280 AGAIN! Important Updates.
Greg Mannarino: 10-31-2022
BREAKING!!! US TREASURY TO COLLAPSE!!!! BOND MARKET PANIC SELLING AND MASSIVE LOSSES AHEAD!
Christopher Greene: AMTV 10-31-2022
Thoughts From DJ "A Gold Standard" 10-30-2022
.DJ: DID YOU KNOW?
The reality of the rumors that the U.S. dollar is now “gold backed” doesn’t hold up to facts. The fact is to change our standard for currency, it requires a legislative process. It can’t be done with executive order or presidential decree.
And all legislative actions are recorded in the GPO (Government Publishing Office) Side note; On Sept 16, 2022 the GPO won the 2022 Government Experience Award for Gov Info, considered the one-stop site for authentic information.
The three times the U.S. dollar was introduced to be gold backed, per the Congressional Records. All three times it was only introduced. Zero cosponsors , and zero activity. All bills submitted follow a process. 1)Introduced, 2)Passes the House, 3) Passes the Senate, 4) To the President to signed, 5) Becomes Law.
DJ: DID YOU KNOW?
The reality of the rumors that the U.S. dollar is now “gold backed” doesn’t hold up to facts. The fact is to change our standard for currency, it requires a legislative process. It can’t be done with executive order or presidential decree.
And all legislative actions are recorded in the GPO (Government Publishing Office) Side note; On Sept 16, 2022 the GPO won the 2022 Government Experience Award for Gov Info, considered the one-stop site for authentic information.
The three times the U.S. dollar was introduced to be gold backed, per the Congressional Records. All three times it was only introduced. Zero cosponsors , and zero activity. All bills submitted follow a process. 1)Introduced, 2)Passes the House, 3) Passes the Senate, 4) To the President to signed, 5) Becomes Law.
Take note that it was last introduced in the 177th Congress Oct 7, 2022. There is approx 2 months left in the 117th Congress (as of the date of this post) and the bill hasn’t ,or never has, even gone to the calendar for a vote. When this Congress is over all bills left, not voted on, are wiped from the table and must be reintroduced into the current Congress.
If you look at the actual text of the current bill H.R.9157, Sec 3, it states:“To enable the market and market participants to arrive at the fixed Federal Reserve note dollar-gold parity in an orderly fashion, during the 30-month period following the date of enactment of this Act”
So even if the Bill is passed it will take 2 1/2 years for it to be enacted. So be aware people. Quit drinking the Intel providers Kool-Aid. Below are the three times it was introduced and the text of the current Bill H.R.9157.
H.R.5404 — 115th Congress (2017-2018)To define the dollar as a fixed weight of gold.Sponsor: Mooney, Alexander X. [Rep.-R-WV-2] (Introduced 03/22/2018) Cosponsors: (0)Committees: House – Financial Services Latest Action: House – 03/22/2018 Referred to the House Committee on Financial Service
H.R.2558— 116th Congress (2019-2020)To define the dollar as a fixed weight of gold.Sponsor: Mooney, Alexander X. [Rep.-R-WV-2] (Introduced 05/07/2019) Cosponsors: (0)Committees: House – Financial Services Latest Action: House – 05/07/2019 Referred to the House Committee on Financial Services
H.R.9157 — 117th Congress (2021-2022)To define the dollar as a fixed weight of gold, and for other purposes.Sponsor: Mooney, Alexander X. [Rep.-R-WV-2] (Introduced 10/07/2022) Cosponsors: (0)Committees: House – Financial Services Latest Action: House – 10/07/2022 Referred to the House Committee on Financial Services
H. R. 9157
To define the dollar as a fixed weight of gold, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
October 7, 2022
Mr. Mooney introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To define the dollar as a fixed weight of gold, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. FINDINGS.
Congress finds the following:
(1) The Federal Reserve note has lost more than 30 percent of its purchasing power since 2000, and 97 percent of its purchasing power since the passage of the Federal Reserve Act in 1913.
(2) Under the Federal Reserve’s 2 percent inflation objective, the dollar loses half of its purchasing power every generation, or 35 years.
(3) At times, including 2021 and 2022, Federal Reserve actions helped create inflation rates of 8 percent or higher, increasing the cost of living for many Americans to untenable levels.
(4) American families need long-term price stability to meet their household spending needs, save money, and plan for retirement.
(5) The Federal Reserve policy of long-term inflation has made American manufacturing uncompetitive, raising the cost of United States manufactured goods by more than 40 percent since 2000, compared to less than 20 percent in Germany and France.
(6) Since 2000, United States manufacturing employment has declined by at least 25 percent after having remained steady at nearly 18,000,000 jobs for more than 30 years.
(7) The American economy needs a stable dollar, fixed exchange rates, and money supply controlled by the market, not the government.
(8) The gold standard puts control of the money supply with the market instead of the Federal Reserve, discourages excessive deficit spending, and encourages the balancing of Federal budgets.
(9) The gold standard means legal tender defined by and convertible into a certain quantity of gold.
(10) Under the gold standard through 1913 the United States economy grew at an annual average of four percent, one-third larger than the growth rate since then and twice the level since 2000.
(11) The Federal Reserve’s trickle down policy of expanding the money supply has primarily enriched the owners of financial assets while it has endangered the jobs, wages, and savings of blue-collar workers.
(12) Restoring American middle-class prosperity requires change in monetary policy authorized to Congress in Article I, Section 8, Clause 5 of the Constitution.
SEC. 2. DEFINE THE FEDERAL RESERVE NOTE DOLLAR IN TERMS OF GOLD.
Not later than the date that is 30 months after the date of the enactment of this Act—
(1) the Secretary of the Treasury (in this Act hereafter referred to as the “Secretary”) shall define the Federal Reserve note dollar in terms of a fixed weight of gold, based on that day’s closing market price of gold;
(2) Federal Reserve banks shall make Federal Reserve notes redeemable for and exchangeable with gold at the fixed price determined under paragraph (1) and create processes that facilitate such redemptions and exchanges between member banks and the public; and
(3) if a Federal Reserve bank does not fulfill its duties under paragraph (2), the Secretary shall make the redemption or exchange as guarantor and place a corresponding first and paramount lien on all assets of such bank.
SEC. 3. DISCLOSURE OF HOLDINGS.
To enable the market and market participants to arrive at the fixed Federal Reserve note dollar-gold parity in an orderly fashion, during the 30-month period following the date of enactment of this Act—
(1) the Secretary and the Board of Governors of the Federal Reserve shall each make publicly available, in both electronic and published format, all holdings of gold, with a report of any purchases, sales, swaps, leases, and any other financial transactions involving gold, since the temporary suspension in August 15, 1971, of gold redeem-ability obligations under the Bretton Woods Agreement of 1944; and
(2) the Secretary and the Board of Governors of the Federal Reserve shall make publicly available, in both electronic and published formats, all records pertaining to redemption’s and transfers of United States gold in the 10 years preceding the temporary suspension in August 15, 1971, of gold redeem-ability obligations under the Bretton Woods Agreement of 1944. DJ
"Coffee With MarkZ" Monday Morning Chat 10-31-2022
.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: Happy Halloween everyone…The last day of October……another month bites the dust waiting.
Member: Is this our week?! Rumors are there was a lot of group movement over the weekend.
Member: Fingers crossed we can cross this finish line this week
MZ: Interesting stuff over the weekend. A huge amount of chatter from the redemption centers about them starting work today. I don’t have an update today but as of yesterday they had a huge hopes for the possibility of starting as early as today….this is exciting.
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: Happy Halloween everyone…The last day of October……another month bites the dust waiting.
Member: Is this our week?! Rumors are there was a lot of group movement over the weekend.
Member: Fingers crossed we can cross this finish line this week
MZ: Interesting stuff over the weekend. A huge amount of chatter from the redemption centers about them starting work today. I don’t have an update today but as of yesterday they had a huge hopes for the possibility of starting as early as today….this is exciting.
MZ: There is interesting stuff coming out of Iraq. And some back and forth stuff from Iraq. There was a new Nader video posted about the back and forth and all the frustrations that go with this and the reality that nobody knows the exact timing. He is dead on with that one. He is absolutely correct that nobody knows the exact timing.
Member: Nader is also thinking No RV until 2023 and that it would make since to be 1-1.
Member: Kuwait also said they weren't changing for a while but they did Rv that day!!
Member: Too much conflicting news out of Iraq. Sounds like another country that RV'd ,,,,,, Kuwait!
Member: Iraq is like a broken washing machine that is stuck in spin cycle let’s go CBI finish the load
MZ: Many articles talking about the exchange rates in Iraq. Many are a rinse and repeat of articles we have seen over the last 9 months or so…
Member: I wonder will the other currencies still RV if the IQD doesn't right now?
MZ: I have not heard of anybody with bonds getting paid over the weekend, but I had many great stories or references from last week that I am still excited about the movement we are seeing.
Member: Charlie said in a video his group has "already" had hundreds of humanitarian projects approved. So this indicates something is happening and that Zim is in play...
Member: DOSE'NT THE RV HAVE TO GO IN ORDER TO GET THE HUMANITAIAN FUNDS?
Member: Is there any credibility to PPN posting that the QFS team is funding humanitarian projects and some have already been funded?
MZ: There are multiple pots for humanitarian funds. Multiple pots of money. Take the time and do some research….there is some truth to that.
MZ: I was excited to see somebody post this one… This one coming out of recaps and Samson at KTFA…. “ Việt Nam forecast to be fastest growing market for centi-millionaires over next decade” This one talks about the fundementals of many countries we are watching….how they are rising value and creating great wealth…and becoming dominate players. You should be excited about this one….it gives us a real world take on where we are going and why Vietnam is being pressured to increase the value of their currency. This also talks about New Zealand and Australia and their forecast. Also talks about india and other BRICS countries.
MZ: .Some "Vietnam News" Posted by Samson at KTFA 10-29-2022 LINK
Member: if currencies are supposed to RV at parity 1:1…why are zim, dong and dinar revaluing at more than one dollar?
MZ: That’s just it…they are not supposed to revalue immediately at parity. This is confusing but they are supposed to correct their value first before they can move to parity.
Member: : is Iraq the only thing we are waiting for?
MZ: I still believe they will all adjust at the same time. Then over a few short months we should move to parity……
Member: Mark, what is your expectations to this happening? Any day, or possibly January. Reality speaking I think it has to be soon with the global economic situation being so bad
Member: The Dow is starting off negative this morning
Member: going to be interesting week with market. Multiple indicators due.
Member: My very Smart Friend says that We already had the crash, <30% down on Stock Market...hope its true.
Member: I truly hope the RV takes place by the midterms. If not, we will be getting into Thanksgiving and Christmas.
Member: I quit talking about this with anybody…family and friends think I am crazy.
Member: I don't talk about this stuff anymore. it's embarrassing
Member: The deep state lizards want you to doubt and question anything good. Rise above the negativity and wait on God's timing.
Member: Dinar Recap put out a list of things to bring, forms to fill out and how to prepare.. isnt this a good thing..
Member: Recaps has a lot of good tips in their Post RV section.
Member: I'm filling out the RV Checklist. It says to tell them what currencies you have and how much when you make the appointment. Would you tell them this?
Member: I read this on that checklist at recaps… For your own information or at your exchange appointment : No one is supposed to ask how much currency you have until you are at the exchange appointment.……and Not all information may apply to you and your personal situation…..Take what you like and leave the rest: .you all need to read more carefully Link to Checklist
Member: Thanks everyone......i have a good feeling about this week….see you all tonight.
Member: I'm praying for a real Thankful Thanksgiving World Wide that we and Humanity can celebrate around the World. A new beginning
“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
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JOIN US DURING THE NEXT REGULAR PODCAST TONIGHT FOR Evening News AT 7PM EDT
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/
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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" Monday 10-31-2022
.TNT:
CandyKisses: The Central Bank of Iraq informs the Sudanese of the progress of monetary and banking transactions
Shafaq News/ Prime Minister Muhammad Shiaa Al-Sudani briefed, on Monday, the nature of banking and monetary transactions of the Central Bank of Iraq.
Al-Sudani's media office said in a statement received by Shafaq News Agency, that the latter met with the Governor of the Central Bank of Iraq, Mustafa Ghaleb, and listened to a briefing on the conduct of monetary and banking transactions, and the rest of the aspects of the banking reality in Iraq, presented by the Governor of the Central Bank.
The meeting also witnessed a review of all aspects of the Central Bank's work, and the most important challenges facing the national economy.
TNT:
CandyKisses: The Central Bank of Iraq informs the Sudanese of the progress of monetary and banking transactions
Shafaq News/ Prime Minister Muhammad Shiaa Al-Sudani briefed, on Monday, the nature of banking and monetary transactions of the Central Bank of Iraq.
Al-Sudani's media office said in a statement received by Shafaq News Agency, that the latter met with the Governor of the Central Bank of Iraq, Mustafa Ghaleb, and listened to a briefing on the conduct of monetary and banking transactions, and the rest of the aspects of the banking reality in Iraq, presented by the Governor of the Central Bank.
The meeting also witnessed a review of all aspects of the Central Bank's work, and the most important challenges facing the national economy.
Tishwash: More than 90 billion dollars in Iraqi oil revenues in 9 months
Iraqi oil revenues from crude oil that were exported during the 9 months of the current year 2022, amounted to more than 90 billion US dollars.
According to a statistic issued by the "SOMO" company, and seen by Shafak News Agency, "the revenues of Iraqi exported oil during the first nine months of the current year 2022 amounted to 90 billion and 388 million and 786 thousand and 336 dollars, at a monthly rate of 10 billion and 43 million and 198 million and $481.
And she added, "These revenues increased from the last year 2021 by 70.6 percent, as the financial revenues amounted to 52 billion and 981 million and 515 thousand and 830 dollars, at a rate of 5 billion and 886 million and 515 thousand and 830 dollars."
She pointed out that "May of the current year 2022 witnessed the highest financial revenue from oil sales, reaching 11 billion and 477 million and 514 thousand and 4 dollars, while January was the lowest month in terms of revenues, reaching 8 billion and 322 million 679 thousand and 526 dollars. ".
Iraq depends by 96 percent on oil revenues in its general budget, and previous governments were subjected to great pressures with their inability to pay employee salaries and other operating expenses as a result of the drop in oil prices to below $ 30 a barrel at the beginning of 2020 with the spread of Covid 19 disease before it returned Prices to go up again link
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MontanaCoach: I keep reminding myself what Tony said about them pushing the program rate 1190 and rv-ing in January! Their history doesn't bode well for fast action
Yada: Think we are at the point that even the info providers have received all they will receive. Now, we are in the "Engage" command.
RVAlready: I agree, Yada. I would not be surprised if the bank guys who gave Tony and Ray the data yesterday met with discipline from their bosses from giving out info.
Grace Renewed: “Remember, remember the 5th of November, gunpowder, treason and plot…” This was the date on which Guy Fawkes, a Catholic renegade, dramatically failed to blow up London's House of Lords. This cultural memory has been faithfully preserved for over 400 years.
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Tishwash: Iraq's revenues are 90 billion dollars within 9 months, and its expenses are about 54 billion dollars.. 40% of the revenues remain as a surplus.
Iraqi oil revenues from crude oil that were exported during 9 months of the current year 2022 amounted to more than 90 billion US dollars, an average of more than 10 billion dollars per month, while Iraq's expenses during 9 months amounted to about 54 billion dollars.
According to statistics issued by the “SOMO” company, “the revenues of the Iraqi exported oil during the first nine months of the current year 2022 amounted to 90 billion and 388 million and 786 thousand and 336 dollars, with a monthly rate of 10 billion and 43 million and 198 million and 481 dollars.”
And she added, "These revenues rose from the last year 2021 by 70.6 percent, as the financial revenues amounted to 52 billion and 981 million and 515 thousand and 830 dollars, at a rate of 5 billion and 886 million and 515 thousand and 830 dollars."
She pointed out that “May of the current year 2022 witnessed the highest financial revenue from oil sales, reaching 11 billion and 477 million and 514 thousand and 4 dollars, while January was the lowest month in terms of revenues, reaching 8 billion and 322 million 679 thousand and 526 dollars. “.
On the other hand, the state’s expenditures during 8 months amounted to 69.5 trillion, which means about 8.7 trillion per month, i.e. 5.9 billion dollars per month spent by Iraq, which means during 9 months its expenses amounted to 53.5 billion dollars, i.e. out of 90 billion dollars in 9 months, there is a surplus of 36.5 $1 billion, most of it going to the central bank's reserves. link
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Tishwash: The draft general budget law 2023 could be approved this month
The legal expert, Ali Al-Tamimi, revealed, on Monday, October 31, 2022, the possibility of submitting the draft general budget law for 2023 this month for approval in the House of Representatives.
Al-Tamimi said, in a statement followed by the obelisk, that “Article 62 of the constitution requires the government to submit the final accounts to Parliament before approving the budget,” explaining that “Article 8 of the Financial Management Law No. 6 of 2019 required the Ministry of Finance and Planning to submit the draft general budget law to The Council of Ministers at the beginning of September of each year.
And he continued, “Article 11 of the above law requires financial management to the Council of Ministers after receiving the budget and submitting it to Parliament after discussing it in mid-October,” noting that “Article 13 of this law above said in the event that the general budget law is not approved until the 31st of the month.” December The Minister of Finance issues instructions to spend at a rate of 1/12 of the total expenditures.
The legal expert pointed out that "the internal and external borrowing law for the year 2020, it is only under which it is possible to borrow internal and external for the year 2020 only."
And the Prime Minister, Muhammad Shia Al-Sudani, directed the sending of the draft budget law as soon as possible.
And the General Secretariat of the Council of Ministers stated, in a statement, that “Al-Sudani directed the Ministry of Finance to send the draft federal budget law for the Republic of Iraq, for the fiscal year / 2023, to the Ministerial Council for Economy as soon as possible for study.”
And she added: And then send it to the General Secretariat of the Council of Ministers; To include it in the Cabinet’s agenda, in order to speed up its legislation, due to its importance, pointing out that the directive came during the Cabinet’s meeting in its first regular session, held on 10/28/2022. link
Mot: ..... How Bout a Different Color! - OK!! ~~~~
Monday . How My Pilot Came Up to the Plane!! ~~ ssiiiighgghghghhhhhhhh
News, Rumors and Opinions Monday Morning 10-31-2022
.RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Mon. 31 Oct. 2022
Compiled Mon. 31 Oct. 2022 12:01 am EST by Judy Byington
The Global Currency Reset:
On Thurs. 20 Oct. the Global Currency Reset took place (allegedly) when currencies of Brazil, Russia, India, China, South Africa (BRICS), Argentina, Saudi Arabia and 18 other countries went gold/asset-backed. (The Iraqi Dinar had already gone gold/asset-backed).
On that same Thurs. 20 Oct. Dubai 1 funding was (allegedly) released. Historic, Golden Dragon, Yellow Dragon, German and Chinese Bonds started to be paid out (without liquidity) with a goal to finish by Thanksgiving.
By Thurs. 27 Oct Dubai 1 was fully paid out. (allegedly)
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Mon. 31 Oct. 2022
Compiled Mon. 31 Oct. 2022 12:01 am EST by Judy Byington
The Global Currency Reset:
On Thurs. 20 Oct. the Global Currency Reset took place (allegedly) when currencies of Brazil, Russia, India, China, South Africa (BRICS), Argentina, Saudi Arabia and 18 other countries went gold/asset-backed. (The Iraqi Dinar had already gone gold/asset-backed).
On that same Thurs. 20 Oct. Dubai 1 funding was (allegedly) released. Historic, Golden Dragon, Yellow Dragon, German and Chinese Bonds started to be paid out (without liquidity) with a goal to finish by Thanksgiving.
By Thurs. 27 Oct Dubai 1 was fully paid out.(allegedly)
Since Sun. 23 Oct. there was 24 sextillion in gold-backed currencies from Dubai 2 that had sat in an account waiting for release to Tiers 3 and 4. (allegedly)
By Sun. 30 Oct. the new Iraqi government had been seated, with the new International Iraqi Dinar Rate trading on the market by Sun. night 30 Oct.
At some point soon the Internet Group of Tier4B, was expecting to be notified through emails to set appointments to redeem Zim and exchange foreign currencies at special rates at Redemption Centers.
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The Quantum Financial System is the only gold-backed financial system in the world.
The BRICS countries went live on the QFS ten days ago.
Currently the QFS is being kept secret.
The old SWIFT Financial System is not gold backed. The fiat US Dollar is on the SWIFT System.
The gold-backed US Note is plugged into the QFS, but not turned on. Once the US Note is turned on, the fiat US Dollar has no value.
This past week (Sun. 16 Oct. to Sun. 30 Oct.) is the first week since 2009 that not one bank or country has bought US Dollars.
The White Hats publicly arrested and took out the head of the Chinese Communist Party (CCP).
Read full post here: https://dinarchronicles.com/2022/10/31/restored-republic-via-a-gcr-update-as-of-october-31-2022/
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Courtesy of Dinar Guru
Jeff The central bank had minimal requirements in order for the rate change to move forward. Article from 10-2014 "Iraq dinar revaluation postponed by central bank for 5 years..." What they're saying in this, due to political corruption and instability they are not ready to revalue their currency...that's what they accomplished yesterday by completing the formation of their government. Now that the government is done they have met the central banks qualifications to revalue the currency...
Sandy Ingram Here's how and who stole $2.5 billion worth of Iraqi dinars in Iraq. They are calling this the crime of the century...Approximately 3.7 million Iraqi dinars was fraudulently paid to 5 companies by the general commission of taxes an office within the ministry of Finances. The money was paid through 247 checks between 9/2021 and 8/2022 from the commissioner's account at the state-run Rafidain Bank...the Iraqi court has seized the cash...of the accused, their wives and sons...there was more than one family involved...the tax Commissioner General director and his Deputy have been arrested.
"China Is Threatening To Dump 1 Trillion US Dollars To Crash The US Economy" - Peter Schiff
10-31-2022
Peter Schiff talks about how China is threatening to dump about 1 Trillion U.S. Dollars to collapse the U.S. economy, and why gold is the best investment during recessions.
Worse than sanctions！U.S began Rug pull Vietnam！Vietnam Sells U.S. Debt in Frenzy
Deepin Moments: 10-31-2022
As a direct result of the consecutive interest rate hikes by the Federal Reserve, the VN30 index in Vietnam has fallen by more than 30% in six months.
In addition to the significant decline in the stock market in the last six months, the exchange rate of the Vietnamese dong has also seen a large drop. In order to cope with the imminent crisis, Vietnam has recently raised interest rates by 100 basis points, but still could not stop the exchange rate from falling.
At the same time, overseas capital is rapidly withdrawing from Vietnam's financial market, and in the last six months, foreign investors have sold off at least VND1260 trillion of their assets, which is more than five times the amount of last year.
Vietnam's economy has been developing well in the past two years and Vietnam's manufacturing industry has attracted many production lines that were originally located in mainland China, but this development process was more supported by foreign debt.
With the exchange rate of VND falling now and the dollar exchange rate rising to a 20-year high, the cost of servicing Vietnam's foreign debts is getting bigger and bigger in the future.
Peter Schiff and Lyn Alden ...Sunday Afternoon 10-30-2022
.China & Russia Have Begun SELLING OFF This ENTIRE US ASSETS To Collapse The US Economy-
Peter Schiff: 10-30-2022
China & Russia Have Begun SELLING OFF This ENTIRE U.S ASSETS To Collapse The US Economy - Peter Schiff
China & Russia Have Begun SELLING OFF This ENTIRE US ASSETS To Collapse The US Economy-
Peter Schiff: 10-30-2022
China & Russia Have Begun SELLING OFF This ENTIRE U.S ASSETS To Collapse The US Economy - Peter Schiff
The 3 Largest Holders Of U.S Treasuries Have BEGUN SELLING Off & It's Only The Beginning
Two Dollar investing: Lyn Alden: 10-30-2022
Lyn Alden expects worse to come and a recovery won't come anytime soon
News, Rumors and Opinions Sunday 10-30-2022
.TNT:
Harambe: Indonesia offers 10-year visa for US $ 128,000 in bank | Daily Mirror
(10/28/22)
In a move to increase the economic activity in the country, Indonesia launched this week a fresh visa policy that will allow foreigners to make Bali their second home.
Under the new “second home” visa scheme, foreigners can stay for up to 10 years and carry out various activities, provided they meet the requirements.
A news report by Channel NewsAsia stated that to qualify for the scheme, those interested must have at least US $ 128,400 in their bank accounts and a passport that is valid for at least 36 months. “The aim is to attract foreign tourists to come to Bali and other destinations,” said acting Director General Immigration Widodo Ekatjahjana during the launch of the scheme on Tuesday (25).
TNT:
Harambe: Indonesia offers 10-year visa for US $ 128,000 in bank | Daily Mirror
(10/28/22)
In a move to increase the economic activity in the country, Indonesia launched this week a fresh visa policy that will allow foreigners to make Bali their second home.
Under the new “second home” visa scheme, foreigners can stay for up to 10 years and carry out various activities, provided they meet the requirements.
A news report by Channel NewsAsia stated that to qualify for the scheme, those interested must have at least US $ 128,400 in their bank accounts and a passport that is valid for at least 36 months. “The aim is to attract foreign tourists to come to Bali and other destinations,” said acting Director General Immigration Widodo Ekatjahjana during the launch of the scheme on Tuesday (25).
According to the news report, the launch takes place just a few weeks before Indonesia is set to host the Group of 20 (G20) Leaders’ Summit in mid-November, which will see thousands of delegates arrive in Bali.
The new regulation will take effect on December 25, 2022.
“This immigration policy is one of the non-fiscal incentives that can be a stimulus for certain foreigners to stay and contribute positively to the Indonesian economy amidst increasingly dynamic global economic conditions,” added Ekatjahjana, as reported by Channel NewsAsia.
The new visa scheme is however received with reservations by the Balinese travel sector. Putu Winastra, head of Bali’s chapter of the Indonesian Tours and Travel Agencies expressed uncertainty as to how the new policy would help to boost tourism on the island. “The second home visa will be given to people who stay in Bali in the long term,” Winastra told CNA.
The second home visa or the golden visa has become popular in recent years. The visa scheme allows individuals to acquire a second passport or residency in another country. The scheme comes with a host of benefits, which varies from country to country.
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Harambe: Vietnam posts trade surplus of 9.4 billion USD in 10 months | Vietnam+
(10/29/22)
Vietnam posted a trade surplus of 9.4 billion USD in the first 10 months of 2022, compared to 630 million USD in the same period last year, according the General Statistics Office (GSO).
In October, the country's total export and import value was estimated at 58.27 billion USD, up 0.1% month on month and 5.7% year on year, the GSO said on October 29.
The 10-month foreign trade stood at about 616.24 billion USD, up 14.1% from the same period last year.
That included 312.82 billion USD in exports, rising 15.9%, with 80.36 billion USD coming from the domestic sector (up 13.4%) and 232.46 billion USD from the foreign invested sector (up 16.8%).
Thirty-two commodities recorded export revenue of over 1 billion USD each during the period, accouting for 92.8% of total overseas shipments. Among them, six brought home over 10 billion USD each, making up 64.1%.
Meanwhile, Vietnam imported about 303.42 billion USD worth of goods, increasing 12.2% year on year, with the domestic sector accounting for 105.28 billion USD (up 12.5%) and the foreign invested sector, 198.14 billion USD (up 12%).
Forty-four commodities posted import value of over 1 billion USD each, accounting for 93% of the total imports. Four of them saw this figure at over 10 billion USD each, accounting for 52.7%, statistics showed.
Between January and October, the US was the largest importer, purchasing some 93.4 billion USD worth of Vietnamese goods. China ranked first among exporters when shipping 100.7 billion USD worth of goods to Vietnam.
Meanwhile, agro-forestry-aquatic product exports and imports totalled 82.1 billion USD in the 10 months, rising 10.2% from the same period last year, said the Ministry of Agriculture and Rural Development.
That consisted of more than 44.9 billion USD in exports (up 14.1%) and 37.2 billion USD in imports (up 5.8%), resulting in a trade surplus of 7.7 billion USD (up 83.7%).
Since the year’s beginning, eight products/groups of products have generated over 2 billion USD in export revenue each, namely coffee, rubber, rice, fruits and vegetables, cashew nuts, shrimp, tra fish, and wood products.
The US has bought more than 11.4 billion USD worth of agro-forestry-aquatic products from Vietnam, accounting for 25.4% of total exports and remaining the latter’s biggest export market. It was followed by China (8.3 billion USD, 18.5%) and Japan (3.5 billion USD, 7.8%).
https://en.vietnamplus.vn/vietnam-posts-trade-surplus-of-94-billion-usd-in-10-months/242937.vnp
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Courtesy of Dinar Guru
Samson Article: "The formation of the Sudanese government pushes the Iraqis again to demand a decrease in the exchange rate of the dollar"
Pimpy There's a lot of people out there going...crazy about the exchange rate getting ready to happen - getting ready for it to soar - It's gonna take off - This is the time we've been waiting for...we're going to find out quickly what's going to happen with the Iraqi dinar. It really depends on what this government has in store for the Iraqi people.
Let's Stay Positive (Gold, Silver, RV, GCR, Iraqi Dinar, Vietnamese Dong, Zim, Med Beds, NESARA).
Dr. Kia Pruit: 10-26-2022
(Intel starts about minute 5:00)
Let's maintain our positive attitude and support and encourage each other. Our change for the best is coming soon!
Here in this video, we discuss: 1. the declining value of the USD
2. The return to the gold standard
3. NESARA and GESARA (history and benefits)
4. How the farmer's claims and other lawsuits against the USD, Inc led to NESARA-GESARA
5. Importance of silver, gold, protection, family, and community
6. RV, GCR, and Trusts
7. Humanitarian projects and exotic currencies, i.e., IQD VND, ZIM, etc and MORE.
We're Not Far From System FAILURE | Francis Hunt
Liberty and Finance: 10-30-2022
Inflation cannot be reigned in until interest rates get above the rate of inflation, says Francis Hunt of The Market Sniper. While the Dollar has been rising compared to other currencies, the Dollar will eventually fail as well.
Owning gold is important to get ahead of the curve, he says. That's what many of the very wealthy individuals in the world are doing, buying the yellow metal.
0:00 Intro
2:18 Bond market
7:06 System failure
13:03 Raising rates
21:05 Physical metal
Market News and Opinions from Economists 10-30-2022
.The biggest debtor leaves the US! Japan Dumps Over $100 Billion!
Deepin Moments: 10-30-2022
For so many years since World War II, the U.S. has been using its strength and influence to gradually build up its hegemonic position of the U.S. dollar, giving itself a dominant position in the global payment market and reserve currency.
But as the world economic and political landscape develops and changes, the U.S. hegemonic approach in the world is being resisted and resented by more and more countries, which will have a major impact on the dollar.
This year, the Federal Reserve has continued to raise interest rates, the United States is benefiting from the cyclical flow of U.S. dollar capital in the world has increased the risk of global market shocks, which many small countries are therefore unable to withstand the outbreak of debt crisis, Sri Lanka is one of them.
The biggest debtor leaves the US! Japan Dumps Over $100 Billion!
Deepin Moments: 10-30-2022
For so many years since World War II, the U.S. has been using its strength and influence to gradually build up its hegemonic position of the U.S. dollar, giving itself a dominant position in the global payment market and reserve currency.
But as the world economic and political landscape develops and changes, the U.S. hegemonic approach in the world is being resisted and resented by more and more countries, which will have a major impact on the dollar.
This year, the Federal Reserve has continued to raise interest rates, the United States is benefiting from the cyclical flow of U.S. dollar capital in the world has increased the risk of global market shocks, which many small countries are therefore unable to withstand the outbreak of debt crisis, Sri Lanka is one of them.
MARKETS A LOOK AHEAD: Expect MORE Propaganda And Higher Stock Prices. Here's Why.
Greg Mannarino: 10-30-2022
"Tidbits From TNT" Sunday Morning 10-30-2022
.TNT:
Tishwash: Including "Noor Zuhair" .. The Central Bank directs banks to seize the funds of officials
According to the document, the officials are: "Hussein Kaveh Abdul Qadir, Muhammad Falah Abdullah, Abdul-Mahdi Tawfiq, Nour Zuhair Jassem, Dhiaa Abdul-Khaleq Ali, Zuhair Juma Hammadi, Osama Husam Judeh, Qais Mahmoud Mahdi and Samer Abdul-Hadi Qassem."
The Central Bank of Iraq, today, Sunday, directed private banks authorized to seize the funds of a number of officials, including the main accused of stealing tax funds, "Noor Zuhair Jassim."
According to documents received by Alsumaria News, the legal department of the Central Bank of Iraq directed only authorized private banks to seize movable and immovable funds belonging to a number of officials accused of stealing tax funds, including the main accused, "Noor Zuhair Jassim." link
TNT:
Tishwash: Including "Noor Zuhair" .. The Central Bank directs banks to seize the funds of officials
According to the document, the officials are: "Hussein Kaveh Abdul Qadir, Muhammad Falah Abdullah, Abdul-Mahdi Tawfiq, Nour Zuhair Jassem, Dhiaa Abdul-Khaleq Ali, Zuhair Juma Hammadi, Osama Husam Judeh, Qais Mahmoud Mahdi and Samer Abdul-Hadi Qassem."
The Central Bank of Iraq, today, Sunday, directed private banks authorized to seize the funds of a number of officials, including the main accused of stealing tax funds, "Noor Zuhair Jassim."
According to documents received by Alsumaria News, the legal department of the Central Bank of Iraq directed only authorized private banks to seize movable and immovable funds belonging to a number of officials accused of stealing tax funds, including the main accused, "Noor Zuhair Jassim." link
Tishwash: Al-Sudani faces the task of achieving sovereignty and reviving the Iraqi economy
All Iraqis are waiting for the revival of the country’s economy and its reflection on the individual’s standard of living by launching investment in many fields and finding treatments for the high cost of living, as well as preserving the country’s borders and achieving full sovereignty by ending the Turkish as well as the American presence, at a time when Al-Kazemi was unable to Achieving these goals despite the many demands from various authorities and segments.
The representative of the State of Law, Muhammad Radi told Al-Maalouma, that "there is a move towards amending the investment law in order to encourage and reassure investors inside and outside Iraq, especially since the Prime Minister has a clear desire to develop investment and support the private sector, in addition to the new government program aimed at To activate projects and investments inside Iraq in order to add them as a main resource in the country's imports.
On the level of sovereignty, the leader of the Patriotic Union of Kurdistan, Ghiath al-Sorji, confirmed to Al-Maalouma, "The Turkish forces continue almost daily bombing of large areas in northern Iraq in the Dohuk Governorate, Sinjar district and other areas, noting that the file of Turkish attacks and the Turkish presence in Iraq on The new prime minister's desk.
On the other hand, political analyst Sabah Al-Ugaili said, during his interview with Al-Maalouma, that "Prime Minister-designate Muhammad Shia Al-Sudani may impose a special method through which he works to contain those who reject the Chinese agreement, as well as he may have steps for American interests with the aim of seizing the stick." In the middle, as the period of Al-Sudani’s rule may witness a move towards Chinese companies in order to provide services to the country, and agreements with American companies may also meet, and this matter depends on Al-Sudani’s method. link
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CandyKisses: Expert expects oil prices to rise to $300 a barrel
The oil expert, Hamza Al-Jawahiri, said on Sunday that setting the price of Russian oil by Europe will raise prices to 300 dollars per barrel.
Al-Jawahiri told Shafaq News, "The issue of setting a price for Russian oil is not possible with the recognition of the European countries themselves, because Russia can not sell oil to them, and therefore the harm will be more than the benefit, which these countries felt when Russia stopped pumping gas to it."
He added, "European countries cannot force the largest Asian oil importers, such as China and India, not to import Russian oil, which is what we are witnessing today," adding that "if Russia stops its production by 5 million barrels, it will negatively affect oil consuming countries, especially European countries, and the price of oil will rise." Oil to $300 a barrel.
The Group of Seven (Canada, France, the United Kingdom, Japan, the United States, Germany and Italy) agreed to move forward with setting a ceiling for Russian crude oil prices, in an attempt to reset global crude prices and reduce Russia's revenues from oil sales, primarily seeking to To inflict a "financial" defeat on Prussia.
China is currently the largest importer of Russian crude oil with more than one million barrels per day, as well as India, benefiting from Moscow's discounts on their purchases.
Russia is, in the normal situation, the third largest producer of crude oil after the United States and Saudi Arabia, with an average daily production of 11 million barrels, of which it exports nearly 5 million barrels per day, and 2.8 million barrels per day of derivatives.
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CandyKisses: The formation of the Sudanese government pushes the Iraqis again to demand a decrease in the exchange rate of the dollar
With the formation of a new Iraqi government, demands were renewed to change the exchange rate of the dollar against the Iraqi dinar.
And members of the House of Representatives demanded the inclusion of the voting paragraph on restoring the exchange rate of the US dollar against the Iraqi dinar to its previous official rate in the schedule of the upcoming sessions. But the Central Bank of Iraq reiterated that there are no intentions to change the exchange rate.
The Finance Committee of the House of Representatives describes that what some are promoting about the possibility of Parliament issuing decisions that restore the dollar exchange rate to what it was in the past, are nothing but auctions and tickles the feelings of the street.
The leader of the Al-Hikma Movement, Fadi Al-Shammari, said that the parliamentary talk about changing the exchange rate is a scandalous bidding of no value, adding that the biggest beneficiaries are currency traders and speculators.
Journalist Daoud Hashem considered, in a tweet on Twitter, that the corruption of those in charge was behind raising the exchange rate under the title of economic reform, adding that the markets have been balanced and prices will not go down because the state does not have the tools now.
The exchange rate has become a table among both popular and elite circles.
Economic expert Salam Sumaisem believes that the cost of restoring the dinar to its old price against the dollar will be very high, adding that what is rumored now is for the purpose of political propaganda or speculation to reduce the price of the dollar to get it at a cheap price.
On the shoulders of many Iraqis, the question is whether the political forces and blocs that were calling for devaluing the exchange rate will be able to achieve this after their participation in the Sudanese government.
Political analyst Nazir Al-Katib suggests that the exchange rate will not be reduced to what it was previously, speaking of two direct reasons, the first of which is external factors such as the World Bank and the Paris Club, which absolutely control and control Iraqi financial resources, and the second: If the government agrees to reduce the exchange rate, the political class The governor will have to lose 40 to 60 billion dollars annually, which will go as differences in salaries and other operating wages and the like.
The decision of any change in the dollar exchange rate is exclusively the prerogative of the Central Bank.
Economic observers believe that decreasing the dollar exchange rate, a project that will not succeed, because the change in the exchange rate is originally part of the reform program of the Central Bank in coordination with the Iraqi financial policy in order to raise the financial reserves in the Central Bank and prevent the smuggling of hard currency out of the country.
On December 19, 2020, the Central Bank of Iraq announced the adjustment of the US dollar exchange rate to 1450 dinars, instead of 1200 dinars, for every 100 dollars.
Mot: . the Modern Day Friend! - Huh! - LOL ~~~
Mot: .. Just Remember - As YOU Season!! ~~~~young and beautiful
