Economists Views on "De-Dollarization" 12-24-2022

Ghana's 2023 PetroGold Plan - (Dedollarization In Action)

Smart Silver Stacker:  12-24-2022

The Vice President of Ghana has announced that the first oil to be purchased under Ghana's new Gold-For-Oil arrangement will be delivered in January 2023.

 If true, this will be a notable blow to the petrodollar system and a sign of things to come.

https://www.youtube.com/watch?v=oYU8i8WP-rg

RMB must be used! Russia and the Middle East are crushing the dollar!

Deepin Moments:  12-24-2022

Russia said it plans to start buying the yuan on the foreign exchange market to reduce its dependence on Western finance and accelerate its de-dollarization, if its oil and gas revenues reach the desired level next year, according to a Dec. 23 report.

https://www.youtube.com/watch?v=cqttVDe7opc

Weekend Coffee With MarkZ 12-24-2022

Weekend Coffee with MarkZ 12/24/2022

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 morning Mark and everyone!!! Wishing each of you a very blessed and safe Merry Christmas!!! God bless you all!!!

Member: The ole saying "When Hell freezes over " well just maybe it has….come on RV!!!

Member: Santa tracker shows him in Vietnam, hopefully he can change the rate while he’s there!

Member: Dear Santa, we've been really good so please bring us an RV!

MZ: I know many of you just want the news to get on with your day….here we go. “The CBI sold $85 million in forex last week”  They sold US dollars for other currencies…..predominantly dinar. So they took in quite a bit of money last week that I think is important. Buying that much in physical dinar will help get a lot out of circulation.  Most of it came from foreign countries that had dinar. They are buying it and bringing it back to Iraq. They say its to support foreign trade.

MZ: This to me is a big piece. “Exchanging dollars in banks is a practical approach to achieve stability in the exchange market says PM advisor”   They need to create the infrastructure for an exchange and they are knee deep in it. They want it operational by January 1st. This is important for us to watch.

MZ: “Al Rafidain bank announces the direct sale of the dollar to citizens”  So they are doing it all at the bank…whether you want dollars or dinar…if you are traveling you will not have to go to a street vender.. This has brought much more stability to the dinar over the last 2-3 days.

MZ: This is a key sign that they are preparing for the exchange process.

Member: I always though Jan 1st was a logical time for all the rates to start out new…..

MZ: Other than that it’s been pretty quiet on the bond side and redemption side. We have a handful of whales that have stayed in position. Most of them have done power of attorneys so that the people can handle exchanges for them……but they do have a skeleton crew in place in case things process over the weekend.

MZ: Just because it’s a Christmas weekend it’s not going to stop the world from changing if it’s the slated time…..I am excited about that.

MZ: There are many signs in world news that the mechanics are pushing us to a revaluation/reset.

Member: it may be the perfect time….no one is expecting it this weekend.

Member: Christmas is the season of miracles…….we all sure could use one.

MZ: “Worlds biggest economies looking for USD alternatives”  The original was from Bloomberg which was done two days ago…..

MZ: On that front “Russia close to legalizing International Trade in Bitcoin, Crypto : Head of Finance Committee” Russia is telling us some of the options to use instead of USD. There are huge happenings around the world as they prepare themselves for a world without US fiat dollars.

Member: I heard Gold backed USN CBDC on XRP Ledger.

MZ: “IRS halts controversial new rule requiring reporting of $600 payments” They will stick to the old rules for this year. So it will kick in 2024 for your 2023 taxes. The reality is they want to slow boil the frog and hope they are still around in a year. I do not think they will still be around…but that is just my opinion.

Member: With Nesara/Gesara we know the IRS will be gone…..this will all go out the window….hoping it happens soon.

Member: Did you hear any updates on Native Americans receiving payments yesterday?

MZ: No and I have reached out. I had one elder say they have not….i had one contact close to the elders that said the “Nation” had received funds but they have not sent it to any people yet. So my thoughts are they are most likely “In process” . I think the next day or two will be very telling. I do have contacts with different elders of different tribes so I will be watching it. Look for a tweet if I get another confirmation.

Member: What symbol will be used for the USN instead of the dollar symbol.

MZ: I am told we will still use the dollar symbol . It will be USN but using the same sign.

Member: how do I face my family tomorrow if I am just a “crazy conspiracy theorist”?

MZ: I would say…..If I’m wrong its still good…and if I’m right I will soon be able to help many…..then focus on family

Member: Family and friends still think I am crazy for years now ….will be awesome to say “I told you so!!”

Member:  its gonna be hard not to say I told you so!!!

Member: Just say it with a smile on your face!!

​Member: It’s so tempting to say this to so many but I’m gonna stay silent haha

Member: yeah I am going to have a few I told you so before I hand out anything.

Member: Exactly….. I Told You So…. Naming my boat…. I told you so…

Member: I think I've endured their snickers enough to say a few, I told you so

Member: Lots of news of movement ….let’s continue to manifest that over the weekend!

Member: I double dog dare everyone in here to start thanking God/Creator/Source/Universe for blessing us so that we can be a blessing to others. Thank him for abundant health, wealth and resources!!

MZ: Thank you to all the mods for all you do. Everyone have a very Merry Christmas.

Member: Merry Christmas and Happy Holidays to everyone. I wish you guys nothing but Peace & Happiness.

MZ: I will do a stream for fellowship for people alone ton Christmas day…..just to hang out at 12 noon est tomorrow.

The CBD Gurus join the stream at the end. Please listen to the replay for their information

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 Monday at 10Am est……..unless.

https://www.youtube.com/watch?v=tebn0WDpPY8

"Tidbits From TNT" Saturday Morning 12-24-2022

TNT:

Tishwash:  Al-Rafidain invites citizens to issue a Master Card to sell dollar currency (12/24)

Rafidain Bank called, on Saturday, for citizens to issue Master Card cards from the bank to benefit from the sale of dollar currency to them

 And the media office of the bank stated in a statement received by {Euphrates News}, “Citizens who do not have accounts in Al-Rafidain Bank or who are not citizens of their salaries in the bank and who wish to travel outside Iraq can review one of the two branches of the bank to open bank accounts and obtain an amount not exceeding (10) Thousands of dollars from one of the two branches of our bank after depositing the amount of Iraqi dinars corresponding to the dollar at an exchange rate of (1465) dinars to the dollar. 

The statement called on "citizens to visit the Palestine Street branch (al-Rusafa side) and the Arab neighborhood branch (al-Karkh side) in Mansour for the purpose of opening an account and issuing a MasterCard card immediately. And to present the following documents, which are the civil status identity or the unified national card, passport, housing card, and an active mobile phone number For the purpose of meeting their requests, indicating that the bank will open its doors on Saturday and Sunday corresponding to 24 - and - 12/25/2022. 

While "other branches will be opened in Baghdad and the provinces, respectively."  link

RVAlready:  Thanks Tish. I think this is a major step to the RV. Iraqi banks selling international currencies on Mastercards today….Expecting RV the first of the year

JSL:  rvalready wouldn't that finally be great, I seen you in here all these years and it sure would be good to see this finally come to a conclusion

Annie68:  I wonder what that "new" rate is on these cards is? Supposed to be a new rate?

RVAlready:  No new rate yet as far as I know….New rate the first of the year

JSL:  Lets Do it! New rate for a new day….New Year too

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Tishwash:  Sudanese advisor: Selling dollars in banks is a practical approach to achieving stability in the exchange market

Today, Saturday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the application of the mechanism for selling dollars in banks constitutes a correct practical approach to achieving stability in the exchange market, pointing out that the monetary policy of the Central Bank continues to provide options as well to achieve this goal .

Saleh said, to the Iraqi News Agency (INA), that "the procedures introduced in providing wide and multiple official outlets for displaying dollar cash through the government banking system, with an increase in the allocation for one traveler to 5 thousand instead of 3 thousand dollars, up to 10 thousand dollars, represent a correct option to achieve stability." in the exchange market .”

He added, “In addition to this, strengthening credit cards by raising the exchange rate of the dinar when paying through them with an increase in withdrawal ceilings in them, and it constitutes a correct move as well in one of the applications of direct positive intervention in the exchange market on the part of the monetary authority, to generate actual competition between currency sellers in the market.” The secondary exchange rate to be stable within the range of the central exchange rate of the dinar . 

He added, "The procedures followed provide the cash dollar through available, fair and equal opportunities for the beneficiaries, and make it available directly to the groups that need it for the purposes of travel and treatment outside the country ." 

And he pointed out that “this trend in the policies of intervention in the exchange market is a positive expansion in transforming the dollar cash market into a flexible market that enjoys a high degree of competitiveness, governance and discipline at the same time,” noting that “the monetary policy of the Central Bank of Iraq and within the duties of its intervention in the exchange market By providing an adequate and appropriate supply of foreign currency, it is noted that it is a constant and continuous policy in providing other additional options in providing foreign currency supply, which will contribute continuously to the stability of the exchange market .”

He pointed out that “this expansion ensures at the same time maintaining the stability of the general level of prices, which is the lofty goal of monetary policy in the country .”

Al-Rafidain, Al-Rasheed and Al-Sanaei banks announced that non-national citizens would include their salaries on the bank and those wishing to travel outside Iraq by buying dollar currency.  link

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CandyKisses:  Gold prices in local markets

Baghdad - Mawazine News
Gold prices fell, on Saturday, in the local markets in the capital, Baghdad.

Selling prices were recorded One 21-carat weight of Gulf, Turkish and European gold is 382 thousand dinars, and the price of Buying 378 thousand dinars, while the selling prices for Thursday were 384 thousand dinars per weight Per.

The sale price of one 21-carat Iraqi gold also recorded a decrease at 352 thousand dinars, and the purchase price was 348 thousand.

With regard to gold prices in goldsmiths' shops, the sale price of the Gulf gold weight 21 carat ranges between 380 thousand dinars and 390 thousand, while the selling price ranged gold weight Iraqi between 350 thousand and 360 thousand dinars.  

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CandyKisses:  The popular movement: accuses the US ambassador of interfering in the Iraqi issue to disrupt the Chinese agreement

Information / Baghdad..  

A member of the popular movement for the Belt and Road, Hussein Ali Al-Karawi, accused, on Saturday, the US ambassador in Baghdad, Elena Romanowski, of working to disrupt the Sino-Iraqi agreement by all means, indicating that Romanowski's moves are considered blatant interference in our internal affairs.  

Al-Karawi said, in an interview with Al-Maalouma Agency, that "the American ambassador in Baghdad is touring some official officials to implement America's malicious agenda," stressing that "the American persistence constitutes a blatant interference in the Iraqi sovereign affairs." 

He added, "This interference has become visible to all, and it is obstructing the implementation of the Chinese agreement and working to inflame the street against the Sudanese government."  

He pointed out that "the US ambassador to Baghdad is violating diplomatic norms by violating the sovereignty of Iraq and working to disrupt agreements with China, especially the Belt and Road."   

Today, Saturday, the representative of the Al-Fateh Alliance, Rafik al-Salhi, accused the US ambassador of continuing to violate Iraq's sovereignty and working to implement her country's agenda in Iraq, calling on the new government to keep it away from interfering with decisions that concern the Iraqi interior.

Mot: ... can You guess ALL he wanted Santa To Bring!! ~~~

Mot ..... Trust me! - I Knows!!! ~~~

News, Rumors and Opinions Saturday AM 12-24-2022

“Bank Story from Telegram” by Woof – 12.23.22

Bank Story: By the way , I just spoke with my bank today after I was finished paying a credit card payment . When they asked me is there anything else we can do for you ?

 I said , Yes I have a question.  Did you guys switch to the Synergy Quantum system yet . I ask because I heard that all banks will have to comply with Basel 4 by Jan 1st, 2023 to have all their assets backed by Gold ! 

The guy was silent for a few seconds and then said , um, yes we are switching to that system next year.  I don’t know the exact details on everything , but we are definitely switching. 

I told him it’s going to be great for all of us. He agreed and said have a great day !  Im so damn excited I could scream lol

https://dinarchronicles.com/2022/12/23/bank-story-from-telegram-by-woof-12-23-22/

KTFA: Vietnam News

Henig: Vinh Phuc, a peaceful destination

16:39 | 23/12/2022

(VEN) - As a land with many scenic spots and charming mountains painted with many sublime emotions of nature, Vinh Phuc has a quiet, charming, and profound beauty with gentle, friendly people. Coming to Vinh Phuc is coming to new and peaceful discoveries!

It takes a whole journey filled with tears and austere sweat from centuries ago that the French are willing to accept to see a dreamy, peaceful Tam Dao for meaningful days. Thousands of rides and classic surveys to find a special area like Tam Dao - a climate with four seasons in a day, dew spreading all year round, a rich ecosystem with many species of rare animals and plants – this place always pleases people in entirely enjoying the magnificent beauty of nature, the mysterious freshness brings a sense of peace to the soul!

The land of Tay Thien also did not coincidentally have the first steps of the Indian delegation - King Asoka came to contemplative and propagate the Buddha's teachings, then built Nele Citadel (Temple of Hell) and erected the Asoka tower.

The ancient pagodas left traces of thousands of years showing the first place of Buddhism... And there are many ancient vestiges with hidden wild beauty: Bird Island - Dai Lai, Bat Cave - Ngoc Thanh; Binh Son Pagoda - Song Lo, Huong Canh Communal House cluster - Binh Xuyen, Flying Waterfall - Lap Thach, Phu Da stone Temple, Tung Van Temple - Vinh Tuong, etc.

Not only the government and agencies but also a lot of people who love Vinh Phuc have spent a lot of mind and money to build it, with heart, enthusiasm and concern to preserve and restore landscapes and monuments to turn each land, each destination into a worth living place for themselves and visitors all over the world.

It seems that both to keep up with the times while always keeping the tradition, respecting the natural landscape and the hard-working past, which is the point of view of Vinh Phuc's leaders and authorities, has been a boon for tourism during the past time.

By resolution 01, action program No. 41 is a ladder for tourism development, contributing to increasing the average service growth rate of more than 10 percent per year; service economic structure increased by more than five percent, contributing to the average economic growth of the province.

From the resolution, trade-service development programs are suitable to the actual situation and potential of each region and locality; in the 2011-2022 period, Vinh Phuc has developed nearly 200 planning projects, in particular, there have been many large and important projects related to tourism such as North Ngoc Thanh area, Lang Ha Lake, Van Truc Commune, Bo Lac Lake, Sang Mountain, and Tam Dao I and II tourist areas, among others, with effectively mechanisms and policies, thereby attracting many interested and visionary investors, creating tourism products in harmony with Vinh Phuc; prominent are the 5-star Flamigo Dai Lai projects with a total registered investment capital of nearly VND5 trillion, the Tam Dao II project of SunGroup Group with the total investment capital of phase 1 of nearly VND3 trillion; phase 1 of FLC Luxury Resort Vinh Phuc project with a total investment of about VND600 billion; Tay Thien cable car project of Lac Hong Investment Joint Stock Company with investment capital of nearly VND250 billion; scale of tourist accommodation establishments in the province developed synchronously with 544 establishments; four 5-star hotels; two 4-star hotels and 75 accommodation establishments are rated from 1 to 3 stars; other accommodation facilities are all up to national standards, proof of the land has a magical attraction and a safe and stable landing.

Joining hands to support tourism businesses, in the 2015-2019 period, the province invested VND2.285 trillion in the tourism sector, of which investment in infrastructure in the tourist area is more than VND159 billion, accounting for 6.9 percent of the province's investment capital. In the “COVID-19 control campaign”, the province has accompanied businesses, creating many “soft” mechanisms to flexibly welcome guests; try to improve the investment environment, reserve land fund for tourism projects.

Vinh Phuc's tourism development is associated with various types of tourism targeting the needs of the guest market, which are ecotourism products, resorts, seminars (MICE), discovery, and sports tourism (golf). It is a strength that attracts domestic and foreign tourists. Destinations that are invested with attractive tours with typical regional tourist products such as yellow flower tea, cordyceps, pollen honey, etc. have made visitors want to come back – this is the enduring attraction of Vinh Phuc tourism: creating a feeling of nostalgia, nostalgia and freshness! Therefore, the talented French artist - Yves Coueslant took the journey from afar to return to the land of Tam Dao to find the memories of a time when he used to take his family to relax, avoid the summer heat. Summer and this enchanted land inspired him to create a famous perfume around the world. From the raw materials Sandalwood, Tuyet Tung and Bach combine to create relaxation and wild memories of Tam Dao... so far, the “Tam Dao” brand has become one of the leading perfume lines of Diptyque.

From a faint province on the national tourist map and an unnamed province on the world tourism map, Vinh Phuc tourism has now risen to become a bright spot through the titles of Flamingo Dai Lai Resort - Top 10 of the world's most popular tourist destinations, ASEAN tourism award; Tam Dao National Tourist Area or Top Impressive Destination in the World. Since 2011, Vinh Phuc has only had 1.7 million tourists, by 2019 it has had nearly five million visitors, tourism revenue reached an estimated VND2 trillion, an increase of 2.5 times compared to before. From 2020-2022, when facing the COVID-19 pandemic, but with an open mechanism to ensure safe pandemic prevention and control, tourists still choose Vinh Phuc as a destination; In 2022, tourists to Vinh Phuc reached 8.2 million, quadruple the 2021’s figure, including 73,500 foreign visitors, bringing in total revenue of almost VND3.6 trillion, 2.3 times that in 2021.

Vinh Phuc tourism brand has been confirmed, but how to make the brand always shine? That is the question that Vinh Phuc is proposing a series of specific programs and a focus roadmap. Tourism promotion is associated with domestic and international cultural and sports events; organizing tours, and routes to introduce tourism products to friends and tourists around the world; continuing to exploit the strengths and potentials of ecological, cultural, and spiritual tourism, community tourism (homestay), tourism combining conferences and seminars (MICE tourism), resort tourism Weekends, rural tourism; bringing more tours and new routes to meet the diverse needs of tourists; improving the quality of tourism services, products and tourism infrastructure in the direction of modernity and professionalism, making a difference on the basis of preserving and promoting national cultural identity, and protecting the ecological environment; innovating tourism investment promotion, focusing on promoting the image of Vinh Phuc tourism.

In Vinh Phuc's tourism development strategy with a vision to 2030, resort and ecological tourism is associated with entertainment, cultural and spiritual tourism and service tourism for seminars and visits, and experiential learning are identified as the three main pillars creating motivation for sustainable development of tourism in the province. Vinh Phuc's current policy is to promote and attract strategic investors to build new complex service zones and large-scale tourism projects to create a large influence. Vinh Phuc is going to a promising path that opens up opportunities to turn the province into a world-class tourism center.

Thu Thuy  LINK

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Courtesy of Dinar Guru

Frank26    [Iraq boots-on-the-ground report]  FIREFLY:  The HCL is still being worked on.  They are back in Baghdad meeting right now.  This has no final agreement signed now.  We're not too concerned about it because we know they're going to agree.  As of yet there is nothing that has been signed.  This is a sticky point and has to be signed and activated.  They have signed article 140 but HCL and Article 140 are different items. [Post 1 of 2...stay tuned]

Frank26  [Iraq boots-on-the-ground report]  News here talks about the meetings and the HCL all day...they're saying the only thing Iraq needs is this HCL signed and activated to make Iraq have ability to advance in the International world.  This HCL is the final key...  FRANK:  They just told you the moment they have the HCL signed your currency is going to go International.  That's why you have so many platforms already established internationally... [Post 2 of 2]

Naughty Or Nice! Is Santa Coming To Broad And Wall? Not If Risk Continues To Rise...

Greg Mannarino:  12-23-2022

https://www.youtube.com/watch?v=ed1pl3My11c

Amid System Reset, They'll Come After Your Gold | Francis Hunt

Liberty and Finance:  12-24-2022

Francis Hunt is expecting the elite to confiscate people's gold in a system reset scenario. He discusses ways to prepare for whatever kind of gold confiscation may happen in the future. Geographic diversification of holdings and maintaining privacy are key, he notes.

0:00 Intro

1:35 Gold confiscation

14:40 Geographical diversification

21:58 Don't get shaken out

25:30 Gold/silver update

32:45 The Market Sniper

https://www.youtube.com/watch?v=SW959Ukwlkw

"The Inflationary Nightmare-Biggest Bubble to Biggest Bust" Peter Schiff

Peter Schiff: The Inflationary Nightmare - Biggest Bubble to Biggest Bust

Palisades Gold Radio:  12-23-2022

Peter discuss the Fed's approach to inflation and why the they are purposely keeping the truth from the public in order to prevent a crisis.

He believes inflation will not go away until there is a will in Washington to get rid of it, and that quantitative easing to accommodate large deficits caused by reckless government spending will only increase inflation.

He also noted that while deflation is often seen as a bad thing, it is actually beneficial for consumers who can buy items cheaply.

Peter believes that the current 2% inflation target is no longer relevant and that the government has created a safety net that has become a hammock for some people, eliminating many unskilled jobs.

He believes that the minimum wage law has made it impossible for young people to gain the skills they need to move up the job ladder, creating a permanent underclass.

The Fed has run out of tools to help the economy and free markets were not allowed to work during the COVID crisis.

Gold is coming back in a big way due to the devaluation of fiat currencies. Lastly, Peter argues gold is more efficient, less volatile and expensive, and faster than Bitcoin.

Talking Points:

 - The current state of the labor market and the Fed's 2% inflation target is no longer relevant.

- Government regulations stifle company growth, and less regulation has actually led to less fraud.

- Investors should focus on international markets, emerging markets, commodities, and value stocks.

Time Stamp References:

0:00 - Introduction

0:39 - Honesty at The Fed

7:08 - Fed & More Hikes?

10:03 - Scary Deflation

14:10 - Blame Inflation

 15:20 - Inflation Targets

18:35 - Unemployment Rates

 26:02 - Fed & "Solutions"

30:05 - Covid Spending Spree

32:47 - Gov't & Free Markets

36:20 - Competition & Efficiency

40:50 - New Investment Paradigm

46:48 - New Era & Digital Gold

50:13 - Silver Vs. Gold

52:40 - Sound Money & Education

55:08 - Concluding Thoughts

https://www.youtube.com/watch?v=TUa_kYO3Hqk

More News, Rumors and Opinions Friday Afternoon 12-23-2022

KTFA:

Clare:  Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget

2022-12-23 

On Friday, a member of the Parliamentary Legal Committee, Salem Ibrahim Al-Anbuge, counted the fluctuation of the exchange rate of the dollar in the market as the most important problems facing approving the financial budget for the year 2023, expecting it to be approved in late March or early April.

Al-Anbuge told Shafaq News agency, "The budget law and its draft are still with the government, and it has not reached Parliament yet, and its provisions have not been finally clarified, which requires expediting its submission to Parliament and presenting it with several readings to reach a final formula for approval."

He added, "The fluctuation of the dollar price and its determination in the 2023 budget are the most prominent obstacles to approving the budget, in addition to some items that have not been put up for discussion so far, so it is unlikely that the budget will be approved early."

Al-Anbuge said it was likely that the budget would be approved and agreed upon between the parliamentary forces during March or April of next year, adding that "there may be early agreements as a result of the keenness of the political forces to approve the budget in response to popular pressure and the basic living and entitlements of the citizen."

Iraq confirms that the budget for the year 2023 will cross the threshold of 100 billion dollars for the first time in years, due to the large financial revenues available to Iraq.

It is noteworthy that the financial budget for the current year 2022, which is nearing completion, was not approved by the Council of Ministers and 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 forces. security forces, which claimed dozens of lives and injured hundreds.

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

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Henig:  Baghdad (IraqiNews.com) – Bosch, a prominent home appliance company, just launched a new store in Baghdad, Iraq. The new branch is situated on Kharidge Road in the Karada neighborhood of Iraq’s capital.

The German company has expanded internationally and is now aggressively targeting the Iraqi market with its high-quality engineering products. Refrigerators, dishwashers, dryers, vacuum cleaners, and other household appliance devices fall within this category.

Iraq has recently seen a surge in worldwide brand establishments due to greater stability and safety.

LINK

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Henig:  Minister of Justice: The adoption of the electronic automation will eliminate forgery, nepotism and corruption

Baghdad-INA 

The Minister of Justice, Khaled Shawani, confirmed today, Thursday, that the work on the electronic automation project comes within the ministry's policy to keep abreast of technological developments and end paper-based transactions, and would eliminate forgery, nepotism and corruption.

A statement by the ministry, received by the Iraqi News Agency (INA), said: "The Minister of Justice, Khaled Shawani, inaugurated the Real Estate Registration Directorate in Abu Ghraib."

During the inauguration, the minister stressed that "the ministry is working to open the judicial complexes in all Iraqi cities, in addition to opening the directorates affiliated with the real estate registry, to serve the citizens as well as to preserve their property."

The statement indicated that "Shawani is determined to carry out real reforms in the real estate registration departments, including the start of the electronic automation project, which will eliminate fraud, nepotism and corruption, and speed up the procedures for completing citizens' transactions." LINK

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Courtesy of Dinar Guru

Frank26  Why is the dollar going up in value inside of Iraq?  Because they de-pegged from the dollar weeks ago...because it's about to go outside in a basket of possibly 29 currencies...

Frank26   The CBI has some amazing, powerful, secret, caliente (Spanish for hot)  - very hot meetings constantly on a daily basis.  More than one meeting a day for this purpose about the 29th of January 2023.  The Iraqi dinar is going to go international...Iraq is growing up.  The Iraqi Stock Exchange on the 29th is going international...the 29th of January is coming from the CBI...Prime Minister Sudani...you can't get to the 29th of January without going international unless the platforms are set and ready to go...

Is The MMRI About To SUPERSPIKE? If So, The World's Stock Markets Will CRASH.

Greg Mannarino:  12-23-2022

(MMRI=Mannarino Market Risk Indicator)

https://www.youtube.com/watch?v=5uN-0IujyLs

US Debt Selloff Continues

Smart Silver Stackers:  12-23-2022

New data from the Treasury shows that foreign holders of US debt dumped more than $111 Billion worth of US Treasuries in October.

The largest holder Japan was also the biggest seller, and China's US debt holdings are at the lowest point since 2010.

The global dump of US debt combined with the Fed's ongoing program of QT may be reduce liquidity in the US debt market enough to trigger a crisis, and if that happens, the dollar is toast.

 If the fed is forced to resume QE to control bond yields, their inflation fight is over.

As global tensions continue to heat up in 2023, this problem is only going to get worse, and more countries and investors are going to be turning to the safety of gold & silver

https://www.youtube.com/watch?v=Pam3q9M8mjg

"Coffee With MarkZ" Friday Morning Chat 12-23-2022

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

MarkZ Friday Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good morning and welcome to the deep freeze today……brrrrr

Member: Where do snowmen put their money? Snowbanks.

Member: Merry Christmas, Happy Hanukkah, Happy Holidays to ALL you Beautiful Souls

Member: IF the PTB were waiting to release the RV when we least expect it….I’s say Christmas Eve and Christmas Day would be the best time…..imo

Member: FYI - 109 years ago tonight, the FED was created into law.

MZ: Well today is a nothing burger….it is dead silent. This is not unusual with the holiday season.

MZ: There has been chatter about the exchange rate and stabilizing it in Iraq.

MZ: Also news from Iran. Their exchange rate is sliding hard. From the banks –officially- we are talking about $1 US dollar worth 362,000 thousand Iranian Rial. So about $3 US will buy a million rial right now. Things are collapsing quickly in Iran. In the last few days Iran has gone from bad to worse.

MZ: This shows how necessary it is to stabilize the worlds economies right now.

Member: Is the Iranian Rial a good buy?

MZ: I think it could be ….To me it is a cheap gamble. It depends on sanctions. Sometimes its legal to buy it and sometimes it isn’t.

MZ: IMO…based on the region…. they are going to want the rate and stability of the Rial close to Iraqs rate. They share many joint oil fields/reserves.

Member: I assume whales all went home from Reno…..I sure would if I were them.

MZ: The banking side is still of the belief this will be our weekend for announcements. And that we all will start going to the banks next week. Guess we will see soon if that is true or not. I am praying that is is….so many of us need relief.

Member: Markz, were the Codes were released after 1:00 pm Reno time today (Thurs. 22 Dec). Some reports are saying it so??????

MZ: No, they were not released. If they were released you would already know. There would already be announcements and you would already be signing up for exchanges…..

Member: Mark, can you explain which currencies / bonds we hold would be traunched and which would be a 100% access at the time of our exchange?

Member: What is the HCL law in Iraq everyone has been talking about?

Member: HCL (HydroCarbon Law) is a new law in Iraq, which is one of the things we are looking for, for the Dinar to be stable and RI, then RV.

Member: This is where all citizens of Iraq will receive payments from oil and gas profits…..Kuwait does this for its citizens as well…..

MZ: The HCL/article 140 is one of the things that should bring comfort to everybody. This is the sharing of taxes, revenues, oil….with the Kurdish region.  This has been a sticking point for the RV I am told….They have been busy pounding this out over the parliamentary break. I have always been told that we will be within hours of going once they finalize the HCL. And we are so close.

Member: Frank also says that……the HCL is very important in Iraq.

Member: anyone else hear that the Dinar might start floating at $.25 usd?

Member: if it starts that low….imo…it will rise quickly to a rate we will like….

Member: Why don’t we hear anything about the rainbow money?

Member: If,,,, if blockchain and Starlink are so 1000% safe what is the real holdup?

Member: Mark what have you heard on the banks of Japan, I know you're a fan of the economic Ninja and he's saying by the end of January he thinks the entire system will implode and take down everyone else?!

MZ: I absolutely agree with this…..This seems spot on based on fundamentals. We are already seeing it….The Bank of Japan was counting on uS treasuries to prop them up…now US treasuries have inverted…and that was the only thing  keeping Japan from imploding for years……now that cornerstone is gone….Its going to implode.

Member: Bruce said f&p’s (fines and penalties) have been paid. Bond holders have their 1%. We should be next.

Member: if F&P’s were paid…Mark would tell us…..

MZ: CMKX , Farm claims and F&Ps have not been paid yet…..but, I have heard on that front that all the funds are in place for the F&P’s and they should start deliveries a couple hours before we hear announcements. I am one of the F&P people and they have not seen me yet.

Member: Mark this is out there today too…..US Native Americans have been paid their first payment. Remainder to be paid in USN later. They and bond holders  getting 1 % will get 9% on Monday (Dec 26)

MZ: I was not supposed to say this…..but, since this is out there I guess I can say this…….I was told Monday is the day they are expecting to get it. If they indeed get another 9 % on Monday it is supposed to be in Asset backed/ gold backed …Mr. C already signed off dollars. This would mean we would supposed to be making appointments by then. I am crossing my fingers this is accurate. This is the chatter and I am glad somebody else said it first.  But this is their goal….Let’s see if they meet it.

Member: Crossing my fingers, toes and eyes that this is true!!!  Thanks Mark.

Member: Mike Penny said last night this cold weather white out in some places is a White Hat operation.

Member: Hey Mark, with the two major storms covering the entire US keeping everyone inside, it would be a great time for announcements. Praying for a very Merry Christmas.

Member: So cold here I saw a lawyer walking down the street with his hands in his own pockets.

Member:  Please do not leave pets outside in this horrific weather!

Member: markz Will you be on tomorrow or are you taking off Christmas Eve? Thanks.

MZ: I will be on tomorrow morning at 11 AM est…..no podcast this evening .

Member: May God bless us each and everyone.

Member: Merry Christmas to each and every Patriot and your families. May we have a blessed and miracle year ahead

Member: Just wanted to say Thank you to Mark Z Mods and to the great people in this room …Merry Christmas to all

The CBD Gurus join the stream at the end…please listen to the replay for their information.

“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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

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

The next stream it tomorrow at 11 AM est……unless.

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=1AS8rrzNHZo

"Tidbits From TNT" Friday Morning 12-23-2022

TNT:

Tishwash:  Al-Rafidain begins selling dollars to citizens, starting from Saturday

Al-Rafidain Bank announced, today, Thursday, the start of selling dollars to citizens for travel purposes, starting next Saturday.

And the media office of the bank stated in a statement received by Earth News Agency, “In implementation of the directives of the Central Bank of Iraq regarding the sale of dollars, the bank has begun selling foreign currency dollars for travel purposes, at an amount not exceeding 10 thousand US dollars for each customer deposited in the Master Card issued by the Rafidain Bank at a price 1465 Iraqi dinars per dollar.”

And he called on “citizens wishing to obtain dollars to review the Palestine Street branch on the Rusafa side and the Arab neighborhood branch next to Karkh, as of Saturday, corresponding to 12/24/2022. link

Yada:  Interesting articles by Tish,,"Rasheed Bank announces direct procedures for selling the dollar for travel purposes" and "Al-Rafidain begins selling dollars to citizens, starting from Saturday (Preview)",,,,wondering if the float will start if not already?

Speedy:  Pulling in more three zero notes !!!

KaseyKo1:  Yada, glad you came in this evening. I think I've gotten myself turned around with the program rate business. Loved reading the article that you're referencing. Do you know approximately what rate or program rate we should be seeing when an RI is done? Thanks.

Yada:  My understanding, with them going international, would mean they will not have a program rate. The article stated a program rate amount but from all Tony has stated the past few weeks, and a few other sites have commented on it as well, the low rate may be released. Seems like a winner to get the people of Iraq to give up their 25k notes and if trading with the dinar, I'd think they pairing with the dollar,, That $1.60 may be what we see,,,,,,,,LOL, just my think on the articles.

Strangersolo:  Hi everyone, if the IQD comes out on the old Forex at .25 1to 1 or $1.60 it should not matter for it will only be a few days weeks or months for the full RI/RV or GCR to take affect

RVAlready:  Hoping for an RV Jan 3. I think the govt does not want any real change until then. Otherwise, they would have delivered by Christmas, as promised.  This journey has taught me, anytime govt says good RV news, take it with a dump truck load of salt. Liars for decades!!!!!

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

Tishwash:  US Firm Wins $134m Logistics Contract in Iraq

Texas-based Bell Helicopter, a wholly-owned subsidiary of Textron Inc., has been awarded a $134,592,912 modification (PZ0010) to contract W58RGZ-22-C-0012 for logistics services.

Work will be performed in Iraq, with an estimated completion date of Feb. 22, 2027.

(Source: US Dept of Defense)   link

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

Tishwash:  Parliament places the budget at the top of its priorities after its recess

The legislative house is preparing to return from its recess early next month, awaiting the general budget law, which will be one of the parliament's first priorities at a time when citizens have high hopes about the projects and job grades that the law will contain

There is no talk above talking about the general budget law, whether in the street or even in the halls of parliament, a budget that the citizen eagerly awaits and also the legislative house, which will be one of its first priorities after returning from the legislative recess, according to what representatives confirmed

The next year's budget will bring excellent conditions in terms of financial abundance and large central reserves compared to previous years, which many rely on to be different in terms of investments and job grades.

While parliamentary circles confirmed their need for nearly two months to prepare the budget law inside the legislative house as soon as it arrived from the government, after which the law would be voted on.

link

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

Tishwash:  The Iranian currency recorded the largest decline in its history

The Iranian riyal recorded, on Thursday, in the Tehran free market against foreign currencies, a new collapse, the highest since the "Iranian Revolution" in 1979, as the price of the US dollar exceeded the value of 400,000 Iranian riyals.

Websites dealing with banking affairs in Tehran, including the "Sadaqa" exchange, which is one of the largest exchanges, offered the value of US dollars trading at 410,000 Iranian riyals, according to Eram Network.

State banks offered the price of the US dollar at 362,000 Iranian riyals, according to the Iranian "Tijara News" website.

The site indicated in a report that some financial market analysts believe that the price of the dollar will rise if there is no favorable news about the nuclear negotiations of the Joint Comprehensive Plan of Action (the nuclear agreement).

The report stated that "the riyal will face a difficult winter in Iran in the event that there is no news of the return of nuclear negotiations," adding: "Since last Tuesday, the price of the dollar has fluctuated between rise and fall."

The government of Iranian President Ebrahim Raisi blamed the turmoil in the currency and auto markets on the so-called "enemy" and "previous governments".

The price of all types of cars has risen between 300 million ($800) and one billion Iranian riyals ($2,600) in the past few days, while market experts expect this increasing trend to continue in the coming months, especially in the car market.

On Tuesday, government spokesman Ali Bahadri Jahromi accused Hassan Rouhani's government of manipulating the currency market, and said, "Raisi's government is not like a government in which the price of the dollar has increased more than ten times."

The government official also said about the rise in the exchange rate to 400,000 riyals that this "temporary price increase" should not be used as a basis for judgment, and if "liquidity creation is curbed, the impact will be tangible," as he put it.   link

Mot:  .. Hey!! -- Wake Up Dude!! ~~~~~

Mot: .... the Joys of Wrapping Paper! ~~~~

News, Rumors and Opinions Friday AM 12-23-2022

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Fri. 23 Dec. 2022

Compiled Fri. 23 Dec. 2022 12:01am EST by Judy Byington

Global Currency Reset:

Thurs. 22 Dec. High Up Source #3: Big celebrations going on in Zurich. Elders and Israelis are in Reno getting paid. (US) Native Americans have been paid their first payment, remainder in USN later. They and the bond holders getting 1% will get the next 9% on Monday (Dec. 26). The Codes were released after 1:00 pm Reno time today (Thurs. 22 Dec).NESARA-GESARA starts Sunday / Monday (25, 26 Dec).

Thurs. 22 Dec. Bruce: Tues 27 Dec. or Wed. 28 Dec. Tier 4B (us, the Internet Group) will be notified and can start our appointments.

High Up Source #1: This week funds in Dubai 1 and 2 will complete payout to Sovereign Buyers and Master Accounts.

Bruce: “On Tues. 20 Dec. Yellow, Gold and Red Dragon Bonds and German Bonds were released to Bond Seller Accounts, with Bond Holders having access to their monies on Wed. 21 Dec.”

High Up Source #1: “Iraqi citizens have been celebrating their revaluation according to domestic News Announcements.”

High Up Source #1: “I’m hopeful that (Tier 4B us, the Internet Group) would be able to set exchange/ redemption appointments just before, or right after Christmas.”

MarkZ: Redemption Center personnel expected to be on call over the holiday weekend, though were not scheduled for work yet. A private banker felt that they would start exchanging the first part of January, while another private banker said they would be finishing exchanges by Jan. 15 2023.

High Up Source #1: It was the goal to have all currencies of the world exchanging at a 1:1 with each other by March 2023 – a situation expected to last up to five years.

~~~~~~~~~~~~

Thurs. 22 Dec. 2022 The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#

NESARA was set to come out sometime between Christmas Eve day and New Years Eve day.

We will get money back for our birth certificates, marriage license, divorce decree – which were traded on the market.

There will be debt relief to pay us back our federal income taxes and interest paid on credit cards, loan interests.

This week some people have received a major increase in their Social Security payments (not the cost of living raise).

In the US and other countries the Med Beds are in place within 80 miles of where you live. They will be available sometime in January.

When you go into a Redemption Center you let them know you want to be a candidate for the Med Beds as soon as possible because of your needs.

We will not be notified prior to Christmas.

Tues 27 Dec. or Wed. 28 Dec. Tier 4B (us, the Internet Group) will be notified and can start appointments.

Each Redemption Center has a certain time they will be open that range from 8 to 12 days. It all depends on demographics in that area.

Be at your appointment no more than 10 min. early. Do not be late or you will miss your appointment and go back to the end of the line.

For the first 90 days you can have up to 1 billion $ put into a primary account for your project.

You will be monitored. If your money is spent in the wrong ways (goes to people or organizations in the 55 page booklet they give you), your account will be frozen.

Bond Holders will receive their entire monies on Tues. or Wed. 27, 28 Dec.

Zim Bond notes are very high in value.

We are now on Defcon 1. We could go to Defcon 2 on Christmas Eve and be in the Emergency Broadcast System.

~~~~~~~~~~

Restored Republics of the World:

Make no mistake. The Cabal lost and they know it! In Chess both parties know when the last moves are made before Checkmate. The loser has one option- stall the game. This lasts only moments before the End Game.

White Hats were working hard behind the scene to expose everything.

Bruce: We are now on Defcon 1. We could go to Defcon 2 on Christmas Eve and be in the Emergency Broadcast System.

Read full post here:  https://dinarchronicles.com/2022/12/23/restored-republic-via-a-gcr-update-as-of-december-23-2022/

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

Courtesy of Dinar Guru

Walkingstick  [via Frank26]  The CBI is leaving a big trail.  If we were on a hunting expedition it would be easy to read and follow these tracks.  It would be easy to see they are in the middle of a major change to their banking structure - from a de-pegging to an International float via a pairing in a basket of currency that the IQD will be benefited from...

Frank26    Article: "The central bank and banks urgent action to control the foreign currency market"   This is extremely important.  THE FLOAT REPLACES THE AUCTIONS FOR THE SECURITY AND FOR THE MONETARY REFORM  Quote:  "...among other rumors is that the central bank will make a new change to the current price...

Things Just Went From VERY BAD To WORSE... What You NEED TO KNOW NOW And Pay Attention To.

Greg Mannarino: 12-22-2022

https://www.youtube.com/watch?v=vOxFxK61jRE

There's NOTHING They Won't Try | Rafi Farber

Liberty and Finance:  12-22-2022

Rafi Farber, founder of The End Game Investor, says a currency crisis is ahead. The U.S. currency supply has increased substantially, leading to a decrease in the value of the U.S. dollar. The currency supply has to continue to increase, he argues, because the system is addicted to easy money. Hyperinflation and currency destruction is the endgame, he says.

 In such an event, will the elite outlaw gold ownership? Will they confiscate or nationalize the yellow metal? "There's nothing they won't try," he says.

https://www.youtube.com/watch?v=IQAnbcb3KMo

Lynette Zang, Peter Schiff and Robert Kiyosaki "Economic Crash" 12-22-2022

The 2023 Economic Trap Has Been Set

Lynette Zang:  12-22-2022

At the start of 2022, I said this was going to be a pivotal year because I knew what was happening in 2023. We then witnessed 12 months of unprecedented economic turmoil and events.

The stock market was plagued by extreme volatility and mass insider selling, and the level of social and political distractions made it nearly impossible for people to stay focused on the underlying economic factors. Shocker.

Now the Federal Reserve embarked on a reckless money printing spree, causing inflation to soar. While the dollar has lost a lot of its purchasing power value, then they decided to raise rates in an effort to slow the economy and solve the problem that they created.

 Now, both the cost of living and the cost of borrowing has increased exponentially.Yeah, great part credit.

And days after multiple billions were lost in the FDX meltdown. Central banks conveniently revealed a plan to test their own central bank, digital currency, a complete heist of personal privacy and maximize control over the public.

We then saw the first ever global yield curve inversion in history officially signaling the collapse on a global scale.

 Chapters:

0:00 Intro

2:24 2022 Is a Pivotal Year

4:55 Elites Raise Debt Alarm

14:55 Housing Bubble

18:39 Central Banks Lose Credibility

27:40 Stroking the Inflation Fire

36:18 Everything to be Sold

45:50 It's Officially Here

55:09 Global Economy Crisis

1:00:08 Silent Robbery of Wealth

1:01:14 End Stage for USA

1:02:08 Global Inverted Yield Curve

1:03:26 Closing

https://www.youtube.com/watch?v=SzBM788IkKU

"The Fed Will Crash The ENTIRE Economy" - Peter Schiff's Last WARNING

Freenvesting:  2-22-2022

Peter Schiff warns about the inevitable economic consequences of the Fed’s inflation fight.

https://www.youtube.com/watch?v=OB8EGkiW474

"The Worst Crash In Human History Has Begun" - Robert Kiyosaki's Last WARNING

Freenvesting:  12-22-2022

Robert Kiyosaki says to be careful and warns about the biggest crash in world history.

https://www.youtube.com/watch?v=tY3bTe2kdMc

More News, Rumors and Opinions Thursday Afternoon 2-22-2022

KTFA:

Vietnam News

Henig:  Herbal medicine industry remains largely underdeveloped

December, 21/2022

The herbal medicine industry remains largely untapped despite Việt Nam's many favourable conditions, said industry experts and policymakers.

HÀ NỘI — The herbal medicine industry remained largely untapped despite Việt Nam's many favourable conditions, said industry experts and policymakers.

According to Prof Phạm Vũ Khánh, former head of the traditional medicine department under the Ministry of Health, close to a third of all flora in the country or 4,000 plant species could be used for medicine yet the country still had to import as much as 50,000 tonnes of medicinal herbs every year (80-85 per cent of medicinal herbs used).

For example, 300-400 tonnes of herbs were imported through the Chi Ma International Border Gate in the northern province of Lạng Sơn alone. Imported herbs typically fell under two categories: natural-grown and agriculture-cultivated with the majority being the latter.

Cultivated herbs were often affordable but varying in quality and in many instances, neither safe nor suitable for use in medicine production. 

Dr Phan Thúy Hiền, deputy head of the National Institute of Medical Substances, said the underlying causes of Vietnamese medicinal herbs losing on home turf were lack of economies of scale, poor transport infrastructure and labour-intensive production methods, which all contributed to high prices compared to competitors. 

Except for a handful number of cooperatives that have successfully implemented working production models, the vast majority of production centres were small in size and lack both the ability and the will to employ rigid quality control. Furthermore, it's often difficult for local communities to connect with pharmaceutical companies and vice versa. 

The Red River Delta traditionally has been a major production centre of medicinal herbs with the Central Highlands in recent years catching up quickly thanks to its suitable soil and experienced farmers.

According to Prof Lê Văn Truyền, a former health deputy minister, there was a long documented history of traditional medicine in the country. Along with modern medicine, herbal medicine has been playing an important part in the health sector. 

Herbal medicine also serves another purpose which is bolstering patients' health foundation on top of providing key nutrients, according to Prof Trần Văn Ơn, head of the flora study department of the Hanoi University of Pharmacy.

Ơn said it required a concrete and well-coordinated effort by multiple ministries and agencies to help develop the industry.

"We have many policies and lofty objectives yet too few protocols for real studies and practices," he said.

"Even now we still do not have an official long-term development plan for the industry," he added.

Ơn said it's difficult to produce medicinal herbs, even those that are native and strong in Việt Nam if the country continued to rely on imports. 

He urged the central government to start the establishment of a supply chain and the implementation of support policies for domestic-grown products. In addition, the Ministry of Health must step up efforts to filter out low-quality herbs and those of dubious origin and invest more in upgrades to traditional medicine centres across the country. VNS    LINK

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Henig:  Oil stocks with strong financial health good choices for investors

December, 22/2022

Oil businesses with strong financial health benefitting from the current high oil prices will be the appropriate choices for investors’ portfolio in the current volatile market context.

HÀ NỘI Oil businesses with strong financial health benefitting from the current high oil prices will be the appropriate choices for investors’ portfolios in the current volatile market context.

The stock market ended last week with three increasing sessions and two decreasing sessions. The main movement of the VN-Index in the past week was a struggle, industry groups took turns leading and controlling the index with three prominent names of securities, banking and steel.

In the past month, many oil and gas stocks recorded an increase of more than double digits such as Nam Sông Hậu Oil and Gas Investment Company (NSH) gaining 45.5 per cent, Petrovietnam Transportation Corporation (PVT) rising 46.2 per cent, PetroVietnam Power Land (PVP) climbing 46 per cent and Bình Sơn Refinery (BSR) rising 34.2 per cent.

Positive stock price movements often reflect the sector's outlook and investor confidence in the businesses.

Mixed performances among oil and gas groups

With the ongoing tensions between Russia and Ukraine, the price of Brent crude oil was pushed to a record high since 2008 of $139.13 a barrel in March. Brent oil price cooled down gradually towards the end of 2022 but remained at the highest level in the past eight years, at over $90 per barrel.

Oil and gas enterprises are divided into three types: Upstream (including all activities of prospecting, exploration and exploitation); midstream (transportation, storage and distribution of oil and gas); downstream (converting oil and gas into finished products, delivering to customers). Therefore, the impact of an increase in oil prices on each of these groups is different.

Despite the sharp increase in oil prices in 2022, the upstream group including Vietnam Petroleum Technical Services Corporation (PVS) and PetroVietnam Drilling and Drilling Services Corporation (PVD) recorded poor business results.

PVD recorded a loss of VNĐ51 billion in the third quarter of 2022; thereby increasing the loss in nine months of 2022 to VNĐ201.66 billion. PVS in the third quarter of 2022 recorded a profit of VNĐ193 billion, down nearly 20 per cent compared to the same period last year; PVS' 9-month profit in 2022 also decreased by 21.2 per cent to VNĐ453.6 billion.

This year is considered a challenging year for the "downstream" group due to the instability of the domestic market. Nghi Sơn oil refinery, the largest oil project in the country, operated below capacity in the first half of this year and the delay in adjusting the costs of the base price of oil has caused many difficulties for distributors, causing a shortage of domestic supply. Therefore, some large distributors have to increase the source of imported goods to ensure petrol for the domestic market in the context of unfavourable developments in the world oil market and high transportation costs.

In Q3, PV Oil (OIL) lost VNĐ373.4 billion; Materials - Petroleum Joint Stock Company (COM) lost VNĐ7.7 billion; Thanh Lễ General Import-Export Trading Corporation (TLP) lost VNĐ168 billion; Nam Sông Hậu Oil and Gas Investment Company (NSH)'s profit was VNĐ762 million, down by nearly 82 per cent, Bình Sơn Refinery (BSR)'s profit was VNĐ455 billion, equivalent to a slight decrease of 3.32 per cent.

In the first nine months of 2022, no “downstream” enterprises recorded a growth in profit over the same period last year, except for BSR, which made a profit of nearly VNĐ13 trillion, nearly three times higher.

The midstream group is much more promising. Besides PetroVietnam Drilling and Well Services Corporation (PVD) with profit down 49 per cent, the rest of the companies all announced good business results, such as PetroVietnam Gas JSC (GAS) earning profit of VNĐ3.09 trillion, up 25.42 per cent; Petrovietnam Transportation Corporation (PVT) collecting VNĐ386 billion, up 152.3 per cent and PetroVietnam Power Land JSC (PVP) earning VNĐ176.3 billion, up 371.4 per cent.

VnDirect Securities Co expects the average brent oil price to reach about $90 per barrel in 2023.

For the upstream group, VnDirect expects the revised Petroleum Law passed in November will be a general legal framework for the oil industry, reducing the overlap between laws in oil and gas activities, helping to create a transparent legal framework for investors and increasing the attractiveness of the investment environment in the oil and gas sector.

As for the midstream, VnDirect sees the demand for oil and gas transportation in the domestic market will gradually increase in the next few years thanks to the operation of Bình Sơn Refinery and Nghi Sơn Refinery at full capacity. Besides, charter rates have recovered to pre-COVID-19 levels since 2022, which is a good sign for oil and gas carriers.

As for the downstream group especially large enterprises, VnDirect expects world oil prices to see more stable movements compared to 2022; Việt Nam's petrol consumption demand is forecast to reach a compound growth rate of 5.5 per cent in the 2022-2030 period, which is the basis for distribution businesses to grow in the coming years. VNS   LINK

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

Courtesy of Dinar Guru

Frank26  [Iraq boots-on-the-ground report]  FIREFLY: Sudani says the reason for the high dollar exchange rate right now is because their goal is to remove the dollar from the country.  FRANK:  To de-dollarize!  Wow.  There it is.  

 Pimpy   Al-Sudani is not what I thought he was going to be.  Knowing he is the acolyte of Maliki I was expecting the worst of this guy...but come to find out Al-Sudani is not only continuing the great work of Al-Kazemi but he's doing it at a much quicker pace and that is because he has a lot more support behind him...

RUSSIA and CHINA Just Sold ALL Its U S Assets - Prepare For The Biggest Crash | Jim Rickards

Two Dollars investing:  12-22-2022

Jim Rickards explains what Russia and China are doing at this point to play with America's economy

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

IMPORTANT UPDATES! War, Economy, Markets, Central Banks, Lies, Distractions, Propaganda.

Greg Mannarino:  12-22-2022

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