Chats and Rumors, MarkZ Deb Aspinwall Chats and Rumors, MarkZ Deb Aspinwall

Monday Evening Chat With MarkZ 11-21-2022

Monday Evening News with MarkZ 11/21/2022

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: Good evening Mark, mods and fellow patriots.

Member: Super quiet on the news today. Creepy quiet.

MZ: On the RV front we are working with rumors at this point. The video many of you heard about the rates of $4.81 and $11.90 is old…..they are recycling a lot of news right now. ….

MZ: That being said- I am still hearing that 36 hours is still a target. 36 hours started this morning…so I guess that would be by tomorrow night ….that may be premature…..we will see.

Monday Evening News with MarkZ 11/21/2022

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:  Good evening Mark, mods and fellow patriots.

Member: Super quiet on the news today. Creepy quiet.

MZ: On the RV front we are working with rumors at this point. The video many of you heard about the rates of $4.81 and $11.90 is old…..they are recycling a lot of news right now. ….

MZ: That being said- I am still hearing that 36 hours is still a target. 36 hours started this morning…so I guess that would be by tomorrow night ….that may be premature…..we will see.

MZ: On the redemption side I did get an opportunity to check with contacts. They will be off Thursday…not on call…..100% off. But, they are being asked to stay local this week with the exception of Thursday.

MZ: Chatter has been very good today even though some of it is recycled. For somebody to go to that much effort they must have a “horse in the game” to fool us and keep us off balance. Maybe they are a psychotic nut or a paid disinformation person?

MZ: Still hearing great things from banking contacts and Iraqi on the ground contacts.

Member: I guess the Whales are still sitting in Reno??

Member: It would it be nice to tell your family around the turkey that the RV occurred? Lets do it

Member: I would love to share with family on Thanksgiving great RV News. Amen

Member: Well it’s a 4 day weekend….. …….would sure be a good time for the trigger to be pulled.

Member:  Bruce says RV Wednesday Thursday.. 4 sure...

Member: Still hopeful for Christmas Mark?

MZ: Yes I am …in fact I’m still hopeful for this month.

Member: I think the stock market has to crash before the rv goes.

MZ: I have a couple of beltway contacts that are pretty pugged in politically are hearing in their circles that the market should crash this Friday….on Black Friday .

Member: I thought the stock market was closed on Friday???

Member: I believe it closes at 1pm est on Friday……

Member: Anniversary of JFKs death tomorrow. , what do you think might happen ?

Member: Justice is slow but.... Wait for it... Karma comes !

Member: Thanks Mark and mods….praying tomorrow is our day. See you all in the AM

“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

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

The next stream is tomorrow at 10Am est……..unless.

https://www.youtube.com/watch?v=IZYDzm4qHEE

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

China Just Revealed its Russia and Iraq Oil Masterplan to Collapse the US Economy

China Just REVEALED Its Russia & Iraq Oil MASTERPLAN To Collapse The US Economy | NEW Petrodollar

Investing Future: 11-21-2022

China's Insane Masterplan To Replace The Petrodollar With The Petroyuan

With The Help Of Iraq and Russia ‘First, regarding China, Iraq’s newly-appointed Oil Minister, Hayyan Abdul Ghani, shows no signs of reversing the extraordinary ‘oil-for-projects’ agreement that was signed between Iraq and China in the middle of 2019.

Last week, in fact, after Ghani’s appointment to his new post by new Prime Minister, al-Sudani, local state-endorsed news agencies reported that Iraq’s Oil Exploration Company OEC and the China National Offshore Oil Corporation CNOOC had begun multiple seismic surveys as part of the first phase of wide-ranging offshore oil and gas exploration between Iraq and China.

China Just REVEALED Its Russia & Iraq Oil MASTERPLAN To Collapse The US Economy

Investing Future:   11-21-2022

China's Insane Masterplan To Replace The Petrodollar With The Petroyuan

With The Help Of Iraq and Russia ‘First, regarding China, Iraq’s newly-appointed Oil Minister, Hayyan Abdul Ghani, shows no signs of reversing the extraordinary ‘oil-for-projects’ agreement that was signed between Iraq and China in the middle of 2019.

Last week, in fact, after Ghani’s appointment to his new post by new Prime Minister, al-Sudani, local state-endorsed news agencies reported that Iraq’s Oil Exploration Company OEC and the China National Offshore Oil Corporation CNOOC had begun multiple seismic surveys as part of the first phase of wide-ranging offshore oil and gas exploration between Iraq and China.

According to a separate statement from OEC Director, Ali Jassim, CNOOC has started implementing a joint study contract for two-dimensional seismic and geophysical surveys to explore hydrocarbon gatherings in the Iraqi offshores north of the Arabian Gulf.

This aligns entirely with the directive of the Iraqi government in October to include ‘vital and strategic projects’ in the 2019 oil-for-projects agreement between Iraq and China.

These ‘vital and strategic projects’ include: roads, bridges, infrastructure, energy, oil and electricity, according to Haider Majid, spokesperson for the General Secretariat of the Council of Ministers.

Having effectively now given China the power to do whatever it wants in terms of offshore oil and gas development, Iraq is also allowing Beijing to expand its reach further into key onshore fields as well.

Knowing the trade conflict going on between the US and China, it is clear now that Iran has chosen the side they are betting on. Rejecting the current leading currency in the world in favor of the emerging yuan struck some investors making them keep a closer eye on the yuan as a currency and as a replacement for the petrodollar.

Coincidentally Saudi Arabia also wants to cut ties with the US after their unnecessary sanctions on allied country Russia and threats given by Joe Biden due to OPEC wanting to sustain economic growth in their countries amid the pending global recession which is partly due to high inflation rates in the US.

Second, regarding Russia, Iraq’s new Oil Minister also shows no sign of reversing his predecessor’s intention of allowing Russian oil giant, Lukoil, to move ahead with the exploration and development of the huge Eridu oil field, despite Russia’s invasion of Ukraine in February.

Located in Block 10, around 120 kilometres west of Basra in southern Iraq, the preliminary consensus opinion was that the field contained between 7 and 10 billion barrels of crude oil reserves. This alone would have made it the biggest oil discovery in Iraq in at least 20 years, but subsequent Russian oil industry estimates point to reserves of up to 12 billion barrels of oil.

With a remuneration fee of US$5.99 per barrel – among the highest of all Iraq’s awards under its technical service contract model – and likely peak production of between 250,000 and 300,000 bpd, Lukoil was awarded a 60 percent share in Block 10 in the fourth round of licensing in 2012, along with a 40 percent stake being given to Japan’s Inpex.

 Before Russia became a political and economic pariah of the West, following its invasion of Ukraine, Moscow held all the cards in its dealings with Iraq and stalled the development of Eridu as a bargaining tactic to get a better deal on its development of nearby West Qurna 2.

At that point back in 2021, Lukoil had a 75 percent stake in West Qurna 2, which it still retains, and had already spent over US$8 billion on developing it, but was only being compensated US$1.15 per barrel recovered.

https://www.youtube.com/watch?v=hMSJexD4BTo

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Chats and Rumors, MarkZ Deb Aspinwall Chats and Rumors, MarkZ Deb Aspinwall

"Coffee with MarkZ" Monday Morning Chat 11-21-2022

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 everybody! Is this our week?

Member: another weekend came and went, but today isn't over yet. fingers crossed!

Member: I hear the train a coming a coming down the tracks.

Member: Hell is beginning to freeze over.

MZ: Chatter has been really good. So many rumors all over the place. I know you guys are seeing it.

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 everybody! Is this our week?

Member: another weekend came and went, but today isn't over yet. fingers crossed!

Member: I hear the train a coming a coming down the tracks.

Member: Hell is beginning to freeze over.

MZ: Chatter has been really good. So many rumors all over the place. I know you guys are seeing it.

Member: Brent Johnson says there is a rumor the Dinar rate has been released

Member: Alex Collier says the is already an in country IQD rate of $4.81 and an Intnl rate of $11.90

MZ: So many of you have sent that to me…..I am hearing similar guys.

MZ: I am not hearing those rates have been posted yet, and this is directly from the sandbox. I am hearing they have great expectations of it being posted in the next 36 hours or so……we will see.

MZ: Just do not make radical financial decisions on these rumors…..we do not control the timing. It could be sooner or a bit further off…..but, we are hearing that the “oil for dinar” rate could be up to 3 times higher than the street rate.

MZ: I am hearing from my sources $4.81 and $11.90……we will see. We will not know for sure until we are exchanging…..imo that seems like a very “pie in the sky “ rate. I do not believe we will see the rate of $11.90….I hope I am wrong. But, the $4.81 rate sounds very plausible…and spot on for the in country and international rate.

MZ: Starting yesterday afternoon we have been hearing these rumors from many sources. I can tell you conclusively that this rate is not available yet in Iraq at this present moment. 

MZ: I have not heard any updates on other rates….just the dinar rates so far.

Member: Would still like to know if Iraq is going first and alone….or with the rest of the GCR???   Hope we find out soon.

MZ: No update on the VND rate but we should see it continue to trend upward as long as there is similar movement in the dinar.

Member: What is the rate for the Indonesian Rupiah?

Member: The rate has been about $1.47 for a long time now……

MZ: My redemption center folks should check in with me for an update sometime this afternoon. I will tell you this evening what they are expecting and hearing…...

MZ: I am hearing all kinds of chatter from military contacts that assets have been moved all over Europe and also to the coastal regions of the US. There is a lot of movement of ships, troops ect…..could mean nothing or it could mean a whole heck of a lot.   We just don’t know yet.

Member: I witnessed 4 buses of troops landing at Tucson International Airport yesterday. I thought perhaps they were going to Fort Huachuca, which is said to be an intelligence hub.

Member: Bring on the EBS

Member: To cast the net to capture evil globally takes time and when near to completion will be finished all at once. (patience).

Member:  Praying for Wednesday for perp walks and a whole lot of disclosure! Nice, looooong weekend!

Member: praying the next 36 hours are amazing and life changing for us all!!

Member: Maybe everyone will end up having a very blessed Thanksgiving this year!

Member: Hang tight! We are getting ready for huge blessings!

Member: I get Dinar recaps emails regularly, will our notifications be in that? Or look different?

Member: Yes Dinar Recaps will notify all of us….along with chronicles, Mark, Bruce, Tony , and Frank….You will not miss it.

Member: I wish more people here would learn and help manifest this RV, seriously.

Member: Remember Folks…”Thoughts become things” make your thoughts good ones

Member: Thanks again Mark, Mods and Others for all you all do!!! Great blessings to Everyone!!!

“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/

JOIN US TO CATCH UP ON WHAT WERE HEARING, 7PM EST / 6PM CST / 4PM PST TONIGHT

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=L_VT8sIZ8aY

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Chats and Rumors, News Deb Aspinwall Chats and Rumors, News Deb Aspinwall

News, Rumors and Opinions Monday AM 11-21-2022

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Mon. 21 Nov. 2022

Compiled Mon. 21 Nov. 2022 12:01 am EST by Judy Byington

Global Currency Reset:

On Thurs.17 Nov. the BRICS Nations of Brazil, Russia, India, China and South Africa portals were activated on the Quantum Financial System. …Charlie Ward

That meant the US Dollar and UK Euro now had Zero value, but were being held up artificially on the Market so as to not cause chaos.

Sat. 19 Nov. MarkZ: “Redemption Center contacts are on call for the weekend and will spend a few hours at work Sunday afternoon. My contacts expect a very busy week beginning early in the week. There is a whole lot of chatter right now for Iraq and this weekend AND for Monday for us to start exchanges.”

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Mon. 21 Nov. 2022

Compiled Mon. 21 Nov. 2022 12:01 am EST by Judy Byington

Global Currency Reset:

On Thurs.17 Nov. the BRICS Nations of Brazil, Russia, India, China and South Africa portals were activated on the Quantum Financial System. …Charlie Ward

That meant the US Dollar and UK Euro now had Zero value, but were being held up artificially on the Market so as to not cause chaos.

Sat. 19 Nov. MarkZ: “Redemption Center contacts are on call for the weekend and will spend a few hours at work Sunday afternoon. My contacts expect a very busy week beginning early in the week. There is a whole lot of chatter right now for Iraq and this weekend AND for Monday for us to start exchanges.”

Thurs. 17 Nov. Bruce: “We are hearing from two or three different sources that the weekend should be good for us – in terms of notifications, which makes Monday /Tuesday 21, 22 Nov. looking good for exchanges. Redemption Center Staff were on call as of Fri. noon and through the weekend to start appointments on Mon-Tues. 21, 22. Last Tues. 15 Nov. they began redemption of boxes of Zim Sheet Bonds in Zurich and Miami.”

A Private Banker said that his US Treasury Contact informed Bank of America that Gold and Gold-backed assets opening day was on Fri. 11 Nov. German and Yellow Dragon Bond liquidity would soon follow, with the redemption process beginning in Miami, Zurich and the Philippines this last week.

The Real News for Sun. 20 Nov. 2022:

The FTX Crypto Currency Mess is worse than you think: https://youtu.be/20BEJouWBgY 

Military worldwide waiting for the “GO”. Several channels share a 4-minute voice message from Alex Collier Sat. 19 Nov. 2022: https://t.me/SpecialQForces/54997

It will all happen at the same time – it is hours, if not days away.

It’s all synchronized with each other and they’re all talking to each other. I want you to know that we are talking about a period of a few hours to a few days. And when it happens, it happens very quickly. 

Once it starts and the “go” comes, the military will act under martial law to protect the citizens of the cities of the respective countries. To protect also the borders but above all the citizens of their own country.

This will happen worldwide at the same time. He (Alex) is not quite sure how it will be in the UK because he has no information there.

Global Financial Crisis:

BQQQQQQQM Breaking Report from former Blackrock Employee: The global fiat currencies are about to fail! If this collapse is imminent, it just means one thing from my perspective. The RV is right around the corner. RV stands for the Re-Valuation of the current currencies. This is the birthing of a new financial system on the horizon.  The new currency will be backed by gold. No more inflations and no more making money from thin air. I can’t wait for this to happen. What an exciting time to be living in.

FTX Reveals Top 50 Creditors Are Owed $3.1 Billion, Seeks To Keep Their Names Confidential: https://www.zerohedge.com/markets/ftx-reveals-top-50-creditors-are-owed-31-billion-seeks-keep-their-names-confidential

China Shut Down the US From Weaponizing the Dollar: China Shuts Down the US From Weaponizing the Dollar For Global Dominance — Dinar Recaps https://www.youtube.com/watch?v=xVbJkzCnpOk

Read full post here:  https://dinarchronicles.com/2022/11/21/restored-republic-via-a-gcr-update-as-of-november-21-2022/

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

Courtesy of Dinar Guru

Frank26   Question:  "Are they going to show us the rate before the budget?They can.  I don't think it's smart...they are but only to the parliament and the cabinet. 

MarkZ   [via PDK]   They expect the 2023 Iraqi budget by the end of this month or early in Dec. We were told by many sources in Iraq that they expect the new value of the dinar by the CBI before the new budget. This gives us a very short window. I think it’s good news and gives us something to look for.  In the last week they have told us that now it falls totally with the CBI. The government has told us they need the new rate for the new budget. I think we are looking at the magical confluence of events to see the value change of at least the Iraqi dinar if not the entire reset.

The World Is Dumping US Debt - (What's It Mean For Gold & Silver?)

Smart Silver Stacker:  11-21-2022

This week the US Treasury has released data that shows foreign levels of US Debt holdings have dropped to the lowest level in over a year. Between August & September alone, foreign nations dumped more than $200 billion worth of US treasuries. If this trend continues, there is the risk of a US debt crisis, with cascading selling & spiking costs of borrowing. In this scenario, the Fed will likely intervene and save the bond market, but at the risk of creating massive levels of inflation.

https://www.youtube.com/watch?v=Sbcgwq88yjQ

What BRICS Expansion Means For The Petrodollar, Inflation & Silver

Smart Silver Stacker:  11-14-2022

BRICS is expanding. According to Russian foreign minister Sergey Lavrov, 12 new countries have plans to join BRICS.

Most notable, this list includes the world's largest exporter of crude oil, Saudi Arabia. The expansion of BRICS threatens US hegemony on many fronts, but none more so than the risk posed to the petrodollar system, a fundamental underpinning of the US Dollar's status as the world's sole reserve currency.

 At a time when US-Saudi relations are at an all time low, Saudi Arabia's pivot toward Asia is unmistakable.

https://www.youtube.com/watch?v=g0bd5UDHe6o&t=0s

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Chats and Rumors, News Deb Aspinwall Chats and Rumors, News Deb Aspinwall

"Tidbits From TNT" Monday Morning 11-21-2022

TNT:

CandyKisses: Goldman Sachs lowers its forecast for the average price of Brent crude to $100 a barrel

Goldman Sachs cut its forecast for the average price of Brent crude by $10 to $100 per barrel for the fourth quarter of this year

Goldman Sachs attributed this reduction to the decline in demand due to the closures in China caused by the Corona pandemic

The bank kept its forecast for the average Brent crude for 2023 at $110 a barrel

Goldman Sachs expected a decrease in Russian production by about 600 thousand barrels per day, warning that stocks may run out again in the first half of 2023 if OPEC + maintains current production quotas

TNT:

CandyKisses:  Goldman Sachs lowers its forecast for the average price of Brent crude to $100 a barrel

Goldman Sachs cut its forecast for the average price of Brent crude by $10 to $100 per barrel for the fourth quarter of this year

Goldman Sachs attributed this reduction to the decline in demand due to the closures in China caused by the Corona pandemic

The bank kept its forecast for the average Brent crude for 2023 at $110 a barrel

Goldman Sachs expected a decrease in Russian production by about 600 thousand barrels per day, warning that stocks may run out again in the first half of 2023 if OPEC + maintains current production quotas

Fitch Solutions had expected the average Brent crude price to reach $102 this year, then drop to $95 in 2023 and then $85 in 2026

The agency added that the downward revision of its forecast for the average price of Brent crude this year instead of its previous estimate of $105 per barrel reflects the decline in prices recorded in recent months, a decline in market sentiment and a deteriorating macroeconomic environment

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

Tishwash:  About $100 billion Iraqi oil revenues in 10 months

The Iraqi oil revenues from the crude oil that was exported during the ten months of the current year 2022 amounted to about $100 billion.

According to the statistics of "SOMO" company, seen by Shafaq News agency, "the revenues of the Iraqi oil source during the first ten months of the current year 2022 amounted to 99 billion 646 million 786 thousand 336 dollars, at a monthly rate of 9 billion 964 million 678 million 633 dollars."

And she added, "These revenues increased from last year 2021 by 65 percent, as the financial revenues amounted to 60 billion, 648 million, 11 thousand, 368 dollars, at a rate of 6 billion, 64 million, 801 thousand and 136 dollars."

And she indicated that "the month of May of the current year 2022 witnessed the highest financial revenue from oil sales, amounting to 11 billion, 477 million, 514 thousand and 4 dollars, while the month of January was the lowest month in terms of revenues, as it amounted to 8 billion and 322 million 679 thousand and 526 dollars." .

Iraq relies 96 percent on oil revenues in its general budget, and the previous government was subjected to great pressures with its inability to pay employee salaries and other operating expenses as a result of the drop in oil prices 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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Samson:  Parliamentary Finance: The 2023 budget will amount to 130 trillion dinars, with a deficit of about 25%

Member of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi, suggested on Monday that the Iraqi government will send the draft budget law for the year 2023 within the next two weeks, noting that the budget ceiling may reach 130 trillion dinars, with a deficit rate of less than 25%.

Al-Dulaimi told Shafaq News agency, "The general budget law, according to the Financial Management Law, is sent in mid-October to the Parliament, and the Parliament and the Parliamentary Finance Committee can make amendments to the law and approve it within a maximum period of two months."

And she emphasized that "the draft budget law has been studied in the Ministry of Finance, but it has not yet been presented to the Council of Ministers, which in turn sends it to the House of Representatives for a vote."

And she indicated that "the price of a barrel of oil currently ranges between 85 to 87 dollars, but we do not know the exact price in the budget law, and that the real price of a barrel of oil will be determined when the draft budget law reaches the House of Representatives, and through previous experiences we usually set the lowest prices for a barrel of oil despite from the continued rise in global oil prices.

Al-Dulaimi expected that "the draft budget law will be presented to the Council of Ministers within 15 days, after which it will be sent to the House of Representatives, and the budget may be approved in Parliament during January of the year 2023."

It also suggested that "the total amount of the budget law will range between 128 to 130 trillion dinars, and the deficit rate we believe is less than 25% of the total amount."

It is noteworthy that the financial budget for the current year 2022 was not approved by the Council of Ministers and the House of Representatives due to the turmoil that Iraq witnessed after the early elections in October 2021, which escalated to dangerous levels that ended with the events of the Green Zone, with armed confrontations between supporters of the Sadrist movement and the security forces, which claimed lives. Dozens and hundreds injured.

After the end of the crisis, with the agreement of the political blocs to elect the President of the Republic and to grant confidence to the government of Prime Minister Muhammad Shia’a al-Sudani, the latter pledged that he would present the draft federal budget law for the year 2023 as soon as possible. link

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

CandyKisses:  Expert: The international community has called for cooperation with Iraq and previous mistakes can be corrected

{Politics: Al Furat News} Anti-corruption expert Saad Yassin confirmed today, Sunday, that the international community called for cooperation with Iraq, stressing at the same time the possibility of correcting previous mistakes in combating corruption.

"The international community has called on countries, including Switzerland, to cooperate with Iraq," Yassin told the "Alam al-Mustarah" program on Al-Furat TV channel, noting that "the recovery fund operates according to the pre-2003 money recovery law."

He pointed out that "the law requires institutions to file lawsuits to determine the extent of corruption damage," explaining that "the Anti-Corruption Commission formed is part of the Integrity Commission."

He pointed out that "the Anti-Corruption Support Authority undertakes the implementation of arrest and recruitment orders," stressing the possibility of "rectifying previous mistakes that occurred in the fight against corruption."

He added, "There are clear havens for large sums looted from the country, and some of these funds have become part of the economies of some countries," noting that "the judiciary can freeze, seize, and recover funds for corruption at home."

He continued, "There are differences between the concepts and legal mechanisms in Iraq and other countries," stressing that "most of the recovered money is for crimes before 2003."

Mot: ... Remember - When this Was a ~~~~~

Mot:  .... just one Question comes to Mind whiile Helping little Freddie  math problem

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Chats and Rumors, News Deb Aspinwall Chats and Rumors, News Deb Aspinwall

News, Rumors and Humor Sunday PM 11-20-2022

KTFA:

Samson: Tomorrow.. The launch of the Iraq Building and Construction Exhibition, with wide international participation

20th November, 2022

An Iraqi company specialized in organizing international exhibitions announced, on Sunday, the completion of preparations for the launch of the Iraq Building, Construction and Infrastructure Exhibition on the Baghdad exhibition grounds, with the participation of more than 130 Iraqi, Arab and foreign companies.

"The exhibition will start tomorrow, Monday, from the 21st to the 24th of this month, with the participation of more than 130 companies specialized in the field of construction, construction," said the director of "Al Sorouh" company, Muhammad Salman Al-Enezi, to Shafaq News agency.

KTFA:

Samson:  Tomorrow.. The launch of the Iraq Building and Construction Exhibition, with wide international participation

20th November, 2022

An Iraqi company specialized in organizing international exhibitions announced, on Sunday, the completion of preparations for the launch of the Iraq Building, Construction and Infrastructure Exhibition on the Baghdad exhibition grounds, with the participation of more than 130 Iraqi, Arab and foreign companies.

"The exhibition will start tomorrow, Monday, from the 21st to the 24th of this month, with the participation of more than 130 companies specialized in the field of construction, construction," said the director of "Al Sorouh" company, Muhammad Salman Al-Enezi, to Shafaq News agency.

And that "the exhibition will witness the display of everything related to building materials, decorations, modern construction technology, consultations, energy systems, machinery, industrial machinery, cement and concrete products, interior design services, and building and construction tools and supplies."

Al-Enezi pointed out, "The importance of holding such exhibitions, to support the state's sectors and the exchange of experiences and modern technology, in a way that contributes to the establishment of investment projects that serve the country in the fields of construction, construction and infrastructure."

He pointed out that "the participating companies compete through the products they offer that form the cornerstone of developing the infrastructure needed by the local market."  LINK

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Samson:  A parliamentarian accuses private banks of smuggling currency and money laundering

19th November, 20224

Saturday, the deputy of the State of Law coalition, Jassem Atwan, accused private banks of smuggling currency and money laundering in the previous period, calling on the new government to control the doors of currency smuggling out of Iraq.

Atwan said in an interview with "The Information", that "the currency smuggling file is controlled by the 75 private banks," stressing that "the improvement in the economic file starts from controlling the currency smuggling file in order to ensure an increase in the state's foreign reserves."

And he continued, "There are illegal practices that occurred in the recent period from private banks, through which currency was smuggled and money laundered."

He added, "Some private banks are working to weaken the value of the Iraqi dinar in order not to increase the cash reserves of foreign currency," noting that "the continuation of currency smuggling threatens the cash reserves and opens new doors for corruption that cannot be controlled in the future."

And earlier, the economic expert, Abd al-Rahman al-Mashhadani, said in an interview with Al-Maalouma, that "the Iraqi Central Bank selling huge numbers of dollars daily is very suspicious compared to the volume of Iraqi imports," stressing that "the only beneficiary from selling such numbers reached 200 million dollars a day are the private banks that benefit 20 cents from the dollar and one.  LINK

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

Courtesy of Dinar Guru

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:  There was a two hour program on our Channel 1 news...they said they did an oil exploration and it has confirmed Iraq is basically floating on oil.  FRANK:  NASA did aerial shots of the territory...and they were able to find out Iraq sits on a lake of oil bigger than Lake Michigan.  Bigger than Lake Eire.  The whole country is nothing but oil...everywhere you walk the oil squirts out of the sand...oil makes the world go round.  Wow...that's one of the reasons why I invested in the Iraqi dinar...

Sandy Ingram  Article: "30% trading volume increase in Iraq Stock Exchange in October 2022" ...the percentage of foreign shares in total trading volume increased from 8.2% in September to 11.3% in October.  What this statement means is there was a lot more international money reaching the doorstep of Iraq other than the oil industry.

TNT:

RVAlready:  At least, now, many major economists are admitting that fiat currencies and derivatives are the root of all evil, and the primary cause of the mess we are in. Took a long time for them to learn their lesson. Now it is too late. We need a total global currency reset.

Ulued:  THEY.......don't want to let another trillion dollar Holiday to pass with out an RV....the UN may get things smoothed out ...alot of countries are desperate

Rojo:  ulued Who is they?????????????

Yada:  rojo, Believe "they" is the UN and US….the fact that the UN/US have been pushing Iraq to form a government and that wasn't the end of it. The needed them to form so they can go international and that mean a ReIssued dinar. With the value restored, all the countries who did currency swaps and holding dinar, will have the value of their currencies increase because of it.

Yada:  and Iraq now has 90 billion in reserves? That is 90 billion in other currencies from around the world. So, increased dinar means greater value with the other currencies and with the greater value with the other currencies, means more value to support the dinar. Feeding off of each other.

9Ball:  A little good news: The 2023 gift tax exemption will be 17,000 up 1,000 from this year. The lifetime estate exemption will be 12.92 million up from 12,06.

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

Tishwash:  For the first time in the history of the province, the opening of the Toyota agency branch in Kirkuk

The Governor of Kirkuk, Rakan Saeed Al-Jubouri, inaugurated the Toyota agency branch in Kirkuk for the first time in the province's history.

The governor delivered a speech in front of the audience, in which he stressed that the presence of Toyota with its staff, status and symbolism in Kirkuk is evidence that our province has become attractive and developed, and it came as a result of the stability, prosperity and security that it enjoys.. stressing that what the province is witnessing came with the plans of the administration and the one team and the solidarity and cooperation of all the components of Kirkuk

. Sardar said Al-Bibani, President of Toyota Iraq, said that with the opening of the branch today, we will have nine branches in Iraq, and they provide their services. Today, Toyota starts from Kirkuk because of the attractive environment it represents, and we work together towards the use of clean energy nk./ 

Mot: ... Yet Another - of Lifes Puzzling Moments! ~~~~

Mot: ... the Current Generation has Added - ""the 4th Monkey"" ~~

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

China Shuts Down the US From Weaponizing the Dollar For Global Dominance

THIS IS HUGE! China JUST SHUT DOWN The U.S From WEAPONIZING The Dollar For Global Dominance

Tech Revolution: 11-20-2022

When strong nations bully smaller nations and target people, they should expect a harsh response. And any direct military involvement on the part of the West in the continuing conflict in Ukraine is quite unlikely. Therefore, many people are demanding that Russia be subjected to severe economic penalties.

Now, public support has been strong for the decision to penalize the Russian central bank and exclude six Russian institutions from the SWIFT financial system.

The new restrictions on Russian commodities exports might cause chaos in international markets. And it may also contribute to the inflationary trends that have already led to soaring food and energy costs in recent months. Some experts have even called this "weaponizing the US currency" and said it must be stopped.

THIS IS HUGE! China JUST SHUT DOWN The U.S From WEAPONIZING The Dollar For Global Dominance

Tech Revolution:  11-20-2022

When strong nations bully smaller nations and target people, they should expect a harsh response. And any direct military involvement on the part of the West in the continuing conflict in Ukraine is quite unlikely. Therefore, many people are demanding that Russia be subjected to severe economic penalties.

Now, public support has been strong for the decision to penalize the Russian central bank and exclude six Russian institutions from the SWIFT financial system.

The new restrictions on Russian commodities exports might cause chaos in international markets. And it may also contribute to the inflationary trends that have already led to soaring food and energy costs in recent months. Some experts have even called this "weaponizing the US currency" and said it must be stopped.

The United States is arming itself with the dollar to maintain its economic and geopolitical dominance worldwide. In fact, it thinks rival companies pose an existential danger.

The US contributes around 20% of the global GDP. And dollars are used for more than half of all international trade and monetary reserves. Now, this is the result of the Bretton Woods Accord of 1944. The impact was magnified when the Nixon shock of 1971 severed the dollar's relationship with gold.

And the United States was, therefore, able to regulate the cash flow. The centrality of the dollar, which the then-French finance minister described as an "exorbitant privilege." And this makes it simple for the United States to cover its trade and budget deficits.

Moreover, because of its ability to buy goods and pay off its debts in domestic currency, the country is buffered from the effects of a global currency crisis.

US quantitative easing and other monetary measures can boost the dollar's worth and provide the US an economic edge. However, the dollar's actual strength lies in its connection to sanctions programs.

Now, Washington may weaponize money transfers because of laws like the Patriot Act, the Trading With the Enemy Act, and the International Emergency Economic Powers Act.

In addition, the proposed Defending American Security from Kremlin Aggression Act and the Defending Elections From Threats by Establishing Redlines Act will increase the capabilities of this arsenal. The United States now has unparalleled power over international economic activity thanks to its acquisition of Swift data.

Swift is the worldwide messaging system of the Society for Worldwide Interbank Financial Telecommunication. So, individuals, businesses, governments, and even nations can be hit with sanctions. And due to secondary restrictions, companies, banks, and individuals from other countries are prevented from conducting business with the sanctioned organizations.

Basically, the United States has the required linkage to prosecute the offender or act against its American assets. This can happen if the offending dollar payment passes via a bank in the United States or the American payments system.

 And with this power, the United States can punish foreign companies and individuals that do business with or provide financial support to a designated foreign terrorist organization. Criminal prosecution can potentially disrupt financial, trade, and currency markets. Furthermore, this has the potential to significantly hamper the operations of non-Americans.

Listen to this. For breaking sanctions against Iran, Cuba, and Sudan, BNP Paribas SA paid $9 billion in fines and was banned from dollar clearing for a year. Banks, including HSBC Holdings Plc, Standard Chartered Plc, Commerzbank AG, and Clear stream Banking SA, have all paid hefty fines for similar infractions.

 United Co. Rusal had difficulty refinancing its dollar borrowings due to secondary penalties. And this occurred because international corporations, banks, and exchanges were pressured to cut ties with the Russian firm.

So, even though the company only sells 14 percent of its products in the US, doesn't use American banks, and is listed in Moscow and Hong Kong, its bonds and shares still went down.

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

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

Unstoppable Crash Worse Than 2008 Coming: James Rickards

Unstoppable Crash Worse than 2008 Coming – James Rickards

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Six-time, best-selling financial author James Rickards says the upcoming book “Sold Out” lays out the case why a huge crash is already a certainty sometime in 2023. In a nutshell, broken supply chains have already caused big inflation, and the Fed is raising rates to tamp it back down.

On top of the perfect storm of inflation and prolonged supply problems, we have the recent meltdown of the FTX crypto currency exchange. Rickards says, “It is definitely going to cause sequential collapses in the crypto world, but will it jump the fence into the broader financial world?

My expectation is it will, but it can take six months or more to play out. . . . We probably have an acute global financial crisis coming anyway.

Unstoppable Crash Worse than 2008 Coming – James Rickards

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Six-time, best-selling financial author James Rickards says the upcoming book “Sold Out” lays out the case why a huge crash is already a certainty sometime in 2023.  In a nutshell, broken supply chains have already caused big inflation, and the Fed is raising rates to tamp it back down. 

On top of the perfect storm of inflation and prolonged supply problems, we have the recent meltdown of the FTX crypto currency exchange.  Rickards says, “It is definitely going to cause sequential collapses in the crypto world, but will it jump the fence into the broader financial world? 

My expectation is it will, but it can take six months or more to play out. . . . We probably have an acute global financial crisis coming anyway.

If FTX never existed, I would say we are staring at a worse financial crisis than 2008.  Throw FTX on top of that, and it’s like throwing gasoline on a fire.  It will accelerate the fire.  So, we’re probably going to have problems anyway, but the FTX implosion just makes it worse.”

As far as the dwindling supply chains, Rickards says, “The old supply chain has collapsed.  A new supply chain will emerge, and I talk about that in my book and what it will look like.  Right now, we are in a very messy middle period where things don’t work well. 

 It’s like a vase.  You knock over a vase, and it breaks into 5,000 pieces.  You can’t put it back together.  You’ve got to go get a new vase.  We broke the vase, and we are shopping for a new one.  We are not there yet.  We are just cleaning up the mess. . . . Russia invades Ukraine.  The Ukrainian plastic conduit factory shuts down, and all of a sudden, the BMW production lines are shut down because they cannot get a part.  Again, this is another example of how this is all falling apart, and it’s not going to be put back together quickly.  There will be a new supply chain, and I call it supply chain 2.0, but we are in that in between time, and it’s going to be just a mess.”

Rickards says the Fed is going to keep raising rates because that is what they keep telling the public.  Rickards says, “They are telling us what they are going to do, and you should believe them.”

Rickards says we do have inflation, and it’s going to be with us for awhile, but we are also going to get deflation too.  Rickards points out, “Why does Warren Buffett and Brookshire Hathaway have $130 billion in cash?  Buffett is one of the greatest investors of all time.  Why isn’t he out there buying stocks?  Again, why does he have $130 billion in cash? 

It’s because Buffett sees what I see.  Yes, this thing is going to completely crash.  It’s a really good idea to have cash because you can go shopping in the wreckage and pick up some bargains.  My point is, we don’t have to guess.  Look at the Treasury yield curve. 

Look at the euro/dollar futures yield curve.  Look at other metrics, and guess what it looks like?  It looks like 2007.  Everything I am describing, but not quite as extreme by the way, was true in 2007. . . . These euro/dollar futures were behaving then exactly as they are now. 

Except now, the inversion is even worse, which means we are in for a worse crisis than 2008.  It’s coming.  Everything I said has nothing to do with FTX.  Throw FTX on top, and as I said, you are throwing gasoline on a fire.”

After the inflation, Rickards says count on big deflation.  He will explain exactly how that happens in the 58-minute interview.

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with six-time, best-selling author James Rickards.  Rickards’ new book “Sold Out” will be coming out in early December.

https://rumble.com/v1vkqxi-unstoppable-crash-worse-than-2008-coming-james-rickards.html

https://dinarchronicles.com/2022/11/19/greg-hunter-unstoppable-crash-worse-than-2008-coming-w-james-rickards/

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

News, Rumors and Opinions Sunday 11-20-2022

KTFA:

Samson: Experts: Iraq loses 2.5 billion dollars a month because of the holidays

20th November, 2022

The network of field advisors estimated, on Sunday, that Iraq loses about $2.5 billion a month due to official holidays

Network member Qahtan Al-Hasso said, in a statement reported by the official newspaper, that "Iraq is at the forefront of countries that disrupt the official working hours of the private and public sectors on various national and religious occasions and for various reasons," noting that "these holidays are causing a clear recession on the one hand, and a significant decline in the educational level." On the other hand, not to mention the delay in several important projects in reconstruction and development

KTFA:

Samson:  Experts: Iraq loses 2.5 billion dollars a month because of the holidays

20th November, 2022

The network of field advisors estimated, on Sunday, that Iraq loses about $2.5 billion a month due to official holidays

Network member Qahtan Al-Hasso said, in a statement reported by the official newspaper, that "Iraq is at the forefront of countries that disrupt the official working hours of the private and public sectors on various national and religious occasions and for various reasons," noting that "these holidays are causing a clear recession on the one hand, and a significant decline in the educational level." On the other hand, not to mention the delay in several important projects in reconstruction and development

Al-Hasso added, "Some countries, such as Sweden, are given nine days annually, while in Germany it is between 10 and 13 days, depending on the state, and in Spain it is 14 days, while Jordan has 15 days off, and Egypt has 16 days a year," noting that "Iraqi events add holidays." Sudden, often imposed by security, political or religious situations

He pointed out that "economists estimated vacation losses for a full month at more than two and a half billion dollars, if the average employee salary is calculated at 500 dollars per month at least depending on the number of employees in Iraq, 5 million employees in various sectors of the country, according to the readings of some institutions." competent research

He explained that "the abundance of holidays and official and unofficial religious events not only affects the economy, but also affects all facilities of life, especially study and scientific sobriety," assuming 52 weeks in the year, "which includes two days of each week as a holiday, so the total number of holidays on Fridays and Saturdays is 104." days a year, to which 18 official occasions are added, which is equivalent to 36 vacation days a year, by calculating the dropout of employees and students a day before or after the holiday

And Al-Hasso indicated that "there is a system followed by the Iraqis (between the two holidays is a holiday) that is within the 18 days, and on this basis we are talking about more than (176) days of vacation, noting that they are holidays that do not include personal leaves for illness, travel or childbirth, and in isolation about the days of religious events and others known as consensual, as the government announces the holidays for the two holidays for a full week to be in line with the two sects and their vision of the crescent LINK

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

Samson:  Iraq ranks globally in the "bribery" risk index

20th November, 2022

Iraq ranked 163 globally in the 2022 edition of the annual bribery risk index prepared and issued by the international organization (TRACE) specialized in monitoring and combating corruption in all its forms in the fields of finance and business.

According to the table prepared by the organization, "Iraq ranked 163 globally out of 194 countries included in it," noting that "Iraq occupied the same position for the second year in a row."

According to the index data, “Iraq scored an average of 68 points for the following areas: Opportunities: the risks of bribery arising from the interaction between companies and the government (74 points), deterrence and law enforcement: measures that deter bribery and the extent of their application (75 points) and transparency: the extent of transparency at the government level (73 points). Supervision and oversight came: the ability of civil society to supervise and follow up (46 points).

And in the Arab world, according to the organization, Iraq ranked 12th after Jordan, which ranked first with the least Arab countries in the risk of bribery and 65th globally, Tunisia second and 76th globally, the UAE third and 79th globally, Kuwait fourth and 111th globally, and Oman fifth and 128th globally. Lebanon sixth and 130th in the world, Morocco seventh and 140th in the world. Qatar came eighth and 149th globally, Sudan came ninth and 150th globally, Saudi Arabia came tenth and 157th globally, Egypt came eleventh and 161st globally, and Iraq came twelfth and ranked 163 worldwide.

The first ten places in the world with the lowest risk of bribery were taken by Norway, New Zealand, Sweden, Switzerland, Denmark, the United Kingdom, Australia, Finland, Japan and Canada, respectively. 

LINK

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

Samson: Hamza Al-Jawahiry : The thieves of public money .. enjoy influence and must be sentenced to the most severe penalties

20th November, 2022

The oil expert, Hamza Al-Jawahiry, affirmed: The thieves of public money enjoy influence, and they must be sentenced to the maximum penalties.

He told the National Iraqi News Agency : It is not enough to issue prison sentences against those who are found guilty of stealing public money and then smuggling it, pointing out the importance of the verdict also covering everyone who stands behind them, who helps them and covers them up, and who participated with them in concealing their crimes as quickly as possible.

He stressed: The implementation of the rulings with these people is a good start for fighting corruption, and the concerned agencies should expedite the arrest of the thieves of public money and not leave them free to move freely and enjoy influence and the power of stolen money.  LINK

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

Courtesy of Dinar Guru

Frank26  [Iraq boots-on-the-ground report] FIREFLY:   We see the United States of America money department has put 14 of our banks on a black list.  They are being investigated for corruption.  FRANK:  Only because the governor of the CBI did it first... FIREFLY:  These banks were smuggling money from the auctions to other countries...this is extremely good for us...

Pimpy  They're not going to tell people when they actually change the rate...they're not going to announce it.  It's illegal for them to do this.  What we see is a lot of articles speculating.

MARKETS A LOOK AHEAD: Central Banks Are Now In Their ENDGAME, And That Is NOT GOOD.

Greg Mannarino:  11-29-2022

https://www.youtube.com/watch?v=1VmGrXH-EuE

Global Treasury Dump Is Getting Worse - China’s Selling Big!

Sean Foo:  11-18-2022

The US treasury dump is accelerating as countries are furiously exiting US bonds during this currency crisis. Not only is China selling off their bonds, but US allies including Japan are also exiting the treasury market as rate hikes continue to get worse.

And there's a good chance the money is moving in other assets like gold. If this bond crisis gets worse, it could guarantee a recession and even trigger a potential bond market collapse. Here's what you must know!

0:00 China Is Dumping Record Amounts

2:36 Why China Is De-dollarizing

4:35 Where China Is Investing Those Dollars

 7:17 It's A Global Treasury Dump!

9:32 If A Bond Collapse Happens...

11:51 Prepare For Pain

https://www.youtube.com/watch?v=6MNB6mnsWgE&t=39s

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Chats and Rumors, News Deb Aspinwall Chats and Rumors, News Deb Aspinwall

"Tidbits From TNT" Sunday Morning 11-20-2022

TNT:

CandyKisses: The government's financial advisor : Al-Sudani's decisions regarding corruption will reflect positively on the country's economy

The financial advisor to the government, Mazhar Muhammad Salih, affirmed: "The decisions and steps of Prime Minister Muhammad Shia'a Al-Sudani, to combat corruption, are correct decisions that will reflect positively on the country's economy."

Muhammad Salih said in a statement to the National Iraqi News Agency : "This government will have among its priorities (no development without combating corruption), and the issue of development and economic progress is linked to dismantling corruption, which is deliberately sabotaging the future of the country's economy."

He added: "The government program, which was approved by the House of Representatives and has become an applicable document, is a first priority for the Prime Minister, who will establish a logistical support council for combating corruption, to accelerate and advance economic development as soon as possible."

TNT:

CandyKisses:  The government's financial advisor : Al-Sudani's decisions regarding corruption will reflect positively on the country's economy

The financial advisor to the government, Mazhar Muhammad Salih, affirmed: "The decisions and steps of Prime Minister Muhammad Shia'a Al-Sudani, to combat corruption, are correct decisions that will reflect positively on the country's economy."

Muhammad Salih said in a statement to the National Iraqi News Agency : "This government will have among its priorities (no development without combating corruption), and the issue of development and economic progress is linked to dismantling corruption, which is deliberately sabotaging the future of the country's economy."

He added: "The government program, which was approved by the House of Representatives and has become an applicable document, is a first priority for the Prime Minister, who will establish a logistical support council for combating corruption, to accelerate and advance economic development as soon as possible."

Tishwash:  Foreign Minister: The government continues at a steady pace in international partnerships

 The Iraqi Foreign Minister, Fouad Hussein, confirmed today, Saturday, that the new government is continuing, at a steady pace, to expand the circle of international partnerships.

This came in a speech delivered by Hussein at the Manama Dialogue, which was received by Mawazine News, that "the challenges the region is going through require unifying efforts to confront them," while stressing "the need to strengthen regional and international cooperation."

He added, "The convening of the conference represents an important opportunity to end instability in the region. The Iraqi government continues its cooperation with all international organizations to curb terrorist activities."

Hussein continued, by saying, "Iraq seeks to enhance work in the fields of legal, judicial and security cooperation," pointing to "strengthening cooperation in the areas of security and economic diplomacy, and Iraqi diplomacy seeks to build distinguished relations with all countries."

On the Russian-Ukrainian crisis, Hussein said it "affected the global economy."

As he continued, "resolving conflicts is a fundamental priority for establishing security and stability in the Middle East."

With regard to the Yemeni crisis, he stressed that it "constitutes a state of instability."
The Iraqi foreign minister said, "Iraq supports the path of settling the Libyan crisis."

He concluded by saying, "The Iraqi government was formed through fair elections and with the support of the United Nations."

Regarding the newly elected government of al-Sudani, he said that it is "continuing at a steady pace in international partnerships. The Iraqi government adopts the principle of balance and moves away from the policy of axes."  link

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

Tishwash:  Al-Rafidain and Al-Rasheed are discussing the introduction of modern technology in banking transactions

Al-Rafidain Bank confirmed, on Sunday, its endeavor to simplify banking procedures and introduce modern technology.

The bank stated in a statement, which Mawazine News received a copy of, that "General Director of Al-Rafidain Bank, Muhammad Samir, received General Manager of Al-Rashid Bank, Bassem Abd Ali Youssef, and during the meeting, they discussed the mechanisms of joint cooperation between the two sides with regard to banking work and its development."

The two sides stressed, according to the statement, "keeping pace with modern banking technology and advancing the banking sector in the country, which will reflect positively on the growth of the national economy."

Muhammad Samir stressed, "The need to improve the level of service performance provided to citizens and simplify banking procedures and facilities in line with the ministry's directives in overcoming all obstacles and routine procedures that would impede the completion of transactions.   link

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

Tishwash:  An expert reveals a "suspicious" American meeting with 35 Iraqi banks

The economic expert, Abdul Rahman Al-Sheikhly, revealed that the representative of the US embassy met with 35 Iraqi banks to warn their owners without the knowledge of the Central Bank of Iraq.

Al-Sheikhly said; For the “Unannounced” program, broadcast by Al-Furat TV channel this evening, it says: “It is supposed to start fighting corruption in state institutions from the top of the pyramid or below, and big personalities who were involved in stealing the century.”

He added, "The US Federal Reserve addressed the Central Bank to stop the work of 14 private banks and audit them, and the representative of the US embassy met with 35 banks to warn their owners without the knowledge of the Central Bank of Iraq."

Al-Sheikhly said, "The banks that the representative of the US embassy met with leaked money to internationally sanctioned countries," noting that "sales at the currency auction have decreased remarkably in the past two days."

He continued, "Iraq is not the only country that suffers from corruption, and the previous governments did not seize the opportunity to combat corruption, and the people stand by the Sudanese Prime Minister, Muhammad Shia'a, in the steps to combat corruption."

Al-Sheikhly indicated, "The state system has become a norm for transferring money illegally, and part of the money for goods does not go to buy them, but to smuggle them, and control is the responsibility of taxes and customs, not the central bank."  link

Mot:  Finally Got the Results from the 4 Year Study Costing just $45 million

Mot: .. Still Trying I Is!! ~~~~ - siggghhhhhhh

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

More News, Rumors and Opinions Saturday Night 11-19-2022

TNT:

Tishwash: Al-Sudani issues a package of decisions affecting high-ranking positions in Iraq

The Iraqi Prime Minister, Muhammad Shia'a al-Sudani, announced the withdrawal of the protections of former presidents and ministers who assumed their duties after 2003.

The decision also included canceling the allocations for the three presidencies for President Abdel Latif Rashid and Speaker of Parliament Muhammad al-Halbousi, in addition to al-Sudani himself.

He also withdrew protections from the former presidents of the republic, Fuad Masum and Barham Salih, and the protections of former prime ministers Iyad Allawi, Ibrahim al-Jaafari, Nuri al-Maliki, Haider al-Abadi, Adel Abdul-Mahdi and Mustafa al-Kazemi.

These decisions, which seemed shocking to senior Iraqi officials, come in an attempt by the prime minister to restructure state institutions and pressure government spending.

TNT:

Tishwash:  Al-Sudani issues a package of decisions affecting high-ranking positions in Iraq

The Iraqi Prime Minister, Muhammad Shia'a al-Sudani, announced the withdrawal of the protections of former presidents and ministers who assumed their duties after 2003.

The decision also included canceling the allocations for the three presidencies for President Abdel Latif Rashid and Speaker of Parliament Muhammad al-Halbousi, in addition to al-Sudani himself.

He also withdrew protections from the former presidents of the republic, Fuad Masum and Barham Salih, and the protections of former prime ministers Iyad Allawi, Ibrahim al-Jaafari, Nuri al-Maliki, Haider al-Abadi, Adel Abdul-Mahdi and Mustafa al-Kazemi.

These decisions, which seemed shocking to senior Iraqi officials, come in an attempt by the prime minister to restructure state institutions and pressure government spending.

As is the norm in post-2003 Iraq, former senior officials usually maintain several government protection regiments, even years after leaving office.

The Prime Minister's decisions also included the deduction of two and a half million dinars from the salaries of members of his government, and the reduction of exaggerated government spending in Iraq.

According to the decisions, the Iraqi Prime Minister canceled the allocations for hospitality, treatment, and renting private planes for the three presidencies, including his office.

Earlier, Al-Sudani decided to cancel 20 Iraqi embassies abroad due to the lack of Iraqi expatriates there, in addition to the huge funds allocated from the annual budget for them and their diplomatic staff.

During the past week, the force assigned to protect the former Prime Minister, Mustafa Al-Kadhimi, numbering about 100, received orders to withdraw and leave its location near his house in the Green Zone.

Muhammad Shia al-Sudani assumed the position of prime minister on the 27th of last October, after the Iraqi parliament approved, by an absolute majority, his cabinet.  link

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

Courtesy of Dinar Guru

Nader From The Mid East    Don't be surprised if the rate is not in the budget.  If they don't pass the budget from here to December it's gonna take them 2 or 3 months to try again...I'm 99% sure they're going to pass the budget before 2023

Bruce  [via WiserNow]   ...we are hearing from two or three different sources that the weekend should be good for us - in terms of notifications...Saturday and Sunday, which makes Monday /Tuesday look good for exchanges...one of our sources has said regarding our exchanges, Monday and Tuesday will be magical days for us... I'm excited about what should happen this weekend and I hope you guys are too.

The Mechanics of Fiat Money Destruction | Alasdair Macleod, Quinton Hennigh & Jay Taylor

Liberty and Finance:  11-17-2022

Human beings have been capable of believing, ever since Eve ate the forbidden fruit in the Garden of Eden, that they could be like God simply by obeying, without limit, their hedonistic instincts.

The big lie most relevant to this week’s show is the one told by Lord John Maynard Keynes in 1935 when he suggested that societies could become rich by consuming more than they produce. To lend credence to that lie, Keynes required honest, market-driven money, gold, to be replaced by fiat money that is manufactured by debt.

What Keynes didn’t reveal (and politicians chose not to know) was that at some point in time, as debt outgrows income, those units of currency become worthless through either the fires of hyperinflation or via national insolvency.

Most vulnerable of all, during either an inflationary or deflationary outcome, are banks that have loaded up their balance sheets with the very debt from which fiat money was created.

Alasdair points out the market mechanics which have brought the western world to the precipice of self-destruction. To stay in business these banks have no choice but to unwind debt from their balance sheets resulting in a national collapse of business activity.

Judging the history of nations, that will likely result in a reset of our monetary system.

We can only hope any new monetary system will be based on gold and/or silver than can lead once again to honest and stable growth.

Despite the decline in stocks and bonds this year, gold has held up reasonably well. There are many new gold discoveries from which investors may anticipate major gains over the coming months.

https://www.youtube.com/watch?v=Ww-0nQFCsOk

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