Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20

"Coffee With MarkZ" Monday Morning Chat 10-16-2023

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: Top of the Monday to y’all!!

Member: GOOD MORNING, EVERYONE!! MAY THE WEEK BRING YOU HAPPINESS AND GREAT FORTUNE.

Member:  I believe the US stalling the RV is causing the Iraqis going to Brics

MZ: I am certain all the dinar boards are blowing up as the rumors are exploding. I am trying to verify them….that will be today’s task. Figuring out what is right and what is wrong.

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: Top of the Monday to y’all!!

Member: GOOD MORNING, EVERYONE!! MAY THE WEEK BRING YOU HAPPINESS AND GREAT FORTUNE.

Member:  I believe the US stalling the RV is causing the Iraqis going to Brics

MZ: I am certain all the dinar boards are blowing up as the rumors are exploding. I am trying to verify them….that will be today’s task. Figuring out what is right and what is wrong.

MZ: I am hearing that 3 of the large groups have started distributing funds. I don’t think its accurate but it’s one of the rumors that is running hard. I am trying to get absolute proof because that’s a big one. I think they may have dropped that rumor just to see who leaks it? This was dropped at some of the upper levels of some groups.

MZ: I have been told that other than certain groups with historic bonds and sovereigns that nobody will be going first. It will be a shotgun and we are all going at once. So when I hear that some groups maybe going – I don’t buy it….but some groups may have collected historic bonds as well and those I could see maybe going ahead of everybody else.

MZ: Those rumors are out there and floating hard but I do not think they are accurate. I want them to be right because that would mean the process has started….I am hoping to prove myself wrong. I have a lot of messages sent…hoping for answers before the day is over.We have to still wait for those on the west coast to wake up.

MZ: Around the rest of the world…bond folks are quiet.

MZ: There are a lot of interesting articles on de-dollarization coming out of Iraq. “KRG to collect customs fees in dinar exclusively”  This is the Kurdish region in northern Iraq.  They have fully jumped on board with the de-dollarization effort.

Membr; In Iraq –they took all the dollars out of the ATM’s- dinar only

MZ: Yes…it’s all part of the de-dollarization over there. I can tell you from my sources they agree….and Kuwait did the same thing before they RV”d. Back then all fees and transaction had to also be paid in Kuwaiti dinar. To me this tells us we are circling around the drain on finishing this thing.

MZ: Here is a big one: “BRICS expansion could end US dollar dominance in oil trade : US financial experts warn of dangers ahead.” 

Member: Has Iraq officially joined BRICS?

MZ: Not yet- but they have certainly talking with them. It’s only a matter of time until Iraq is part of BRICS….imo

MZ: “Saudi Arabia and Japan sign digital economy partnership”  I did not know how aggressively Japan is pursuing BRICS. This would be a major blow to the G7 and the US.

Member: Will the Zim still be in the first basket?

MZ: I still expect the Zim to be in the first basket.

Member:  Hey MarkZ...what about the Ruble..is it involved in RV?

MZ: I believe it is….but, I don’t think it will be the exponential gainer that some currencies are going to be. Most currencies around the world should go at the same time. Those currencies that are just not ready like some in Africa and Asia and in the middle east won’t make the first basket.

Membr:  I still think the Bolivar is going to surprise us all. No matter how much we try and figure it out, its a sleeping giant.. IMO

Member:  I saw a J.P. Morgan commercial offering wealth management help. that's very odd them running that commercial in this economy

Member: When the US currency changes from fiat to asset-backed , you had mentioned that our money in the banks will automatically change . What happens to the cash we hold in fiat notes?

MZ: I am being told we will have about 90 days to exchange our cash. So if you have a lot of cash under your mattress…spend it, give it to those in need…or deposit it or exchange it at any bank. It will be easy.

Member:  Been in this for several years starting to get tired and frustrated.

MZ: We are all tired and frustrated….

Member: ​"You didn't come this far to only come this far"

Member:  hopefully this money train reaches its destination this week.

Member:  Mark ,thanks as always for all the latest news & updates

“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

SATURDAY GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

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

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

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

MZ: Farm Claims are what started the whole Nesara movement. So if you want a bit of History …please watch this one.   https://www.youtube.com/watch?v=sAL0exvL45Y

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

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, divisive social commentary, 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=VpRLzNQ0pXQ

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Chats and Rumors, News Dinar Recaps 20 Chats and Rumors, News Dinar Recaps 20

"Tidbits from TNT" Monday 10-16-2023

TNT:

CandyKisses:  Sudanese advisor: 70% of Iraq's imports are with the BRICS countries

Economy News - Baghdad

The financial adviser to the Prime Minister, Mazhar Mohammed Saleh, revealed on Sunday that 70% of Iraq's imports are with the countries of the "BRICS" group.

Saleh told the official news agency, "The BRICS group includes Brazil, Russia, India, China and South Africa, where the origin of the name (BRICS or BRICS) was launched in 2001 by Goldman Sachs financial group economist Jim O'Neill to describe fast-growing economies that are expected to collectively dominate the global economy by 2050."

He added, "Iraq announced its desire to join the BRICS group, as there is an objective basis related to the links of the Iraqi economy with the markets of the BRICS countries themselves, as it reflects the current account of the Iraqi balance of payments with the countries of that economic group, which includes the strongest emerging markets in the world," noting that "there is a direct dependence of the BRICS group on an important percentage of Iraq's oil exports, which are not less than 55 percent, especially India and China."

TNT:

CandyKisses:  Sudanese advisor: 70% of Iraq's imports are with the BRICS countries

Economy News - Baghdad

The financial adviser to the Prime Minister, Mazhar Mohammed Saleh, revealed on Sunday that 70% of Iraq's imports are with the countries of the "BRICS" group.

Saleh told the official news agency, "The BRICS group includes Brazil, Russia, India, China and South Africa, where the origin of the name (BRICS or BRICS) was launched in 2001 by Goldman Sachs financial group economist Jim O'Neill to describe fast-growing economies that are expected to collectively dominate the global economy by 2050."

He added, "Iraq announced its desire to join the BRICS group, as there is an objective basis related to the links of the Iraqi economy with the markets of the BRICS countries themselves, as it reflects the current account of the Iraqi balance of payments with the countries of that economic group, which includes the strongest emerging markets in the world," noting that "there is a direct dependence of the BRICS group on an important percentage of Iraq's oil exports, which are not less than 55 percent, especially India and China."

He explained that "about 70 percent of Iraq's imports are currently with the BRICS countries themselves, which means that the trade partnership and Iraq's strong economic interests automatically push towards international economic cooperation with our country's trade partners, especially in the issue of looking towards wider areas in the flow of the group's investments, and obtaining advantages to join in a way that serves the future of sustainable development and the progress of the economy in our country."

He added that the "BRICS" group currently occupies about 27 percent of the world's land area and 42 percent of the world's population, with Brazil, Russia, India and China among the ten largest countries in the world in terms of population, area and GDP (according to the purchasing power parity criterion), and the last three countries (India, China and Russia) are potential emerging superpower countries, while all five countries in the BRICS group are also members of the the twenty, which includes the United States of America and the rest of the Group of Seven."

Earlier, Prime Minister Mohammed Shia al-Sudani confirmed Iraq's readiness to join the BRICS group, if it receives an invitation from the founding countries.

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Tishwash:  Sudanese gives government banks one week to simplify their procedures

Prime Minister Muhammad Shiaa Al-Sudani directed the simplification of all banking procedures. He also directed the preparation of a proposed list of facilities and simplified procedures to be submitted within a week.

Al-Sudani’s office said in a press statement, “Within the framework of his follow-up to the plan to implement financial and administrative reforms in the financial and banking sectors, Prime Minister Muhammad Shia’ al-Sudani chaired a meeting that included the Governor of the Central Bank and the directors of government banks, in which the procedures and work mechanisms taken to achieve banking reform were discussed.” Which constitutes one of the basic steps for financial and economic reform that the government adopts in its executive approach.”

Al-Sudani stressed, according to the statement, that “financial reform is not just a slogan, but rather a series of terms and procedures that the government is determined to implement without hesitation, and will face all the challenges and obstacles that impede the progress of implementing systematic and thoughtful reform plans.”

The statement added that Al-Sudani "directed the simplification of all banking procedures, and the preparation of a proposed list of facilities and simplified procedures to be presented within a week, in addition to providing a summary of the obstacles that obstruct the banking reform process, and proposing effective and implementable treatments for them, in a way that helps in overcoming the approved traditional contexts, which... This prevents the government’s goal of developing this important economic and service sector from being achieved.” link

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

Tishwash:  Parliamentary hosting of the Governor of the Central Bank of Iraq regarding the dollar exchange rate

The Parliamentary Finance Committee announced on Monday that it will host in the coming days the governor of the Central Bank of Iraq and its general directors regarding the lack of control over the exchange rate of the US dollar against the dinar

Committee member Mustafa Al-Karaawi told Shafaq News Agency, “The committee will host this week the Governor of the Central Bank, Ali Al-Alaq, and the general directors of the bank to find out the reasons for the rise and fall in the dollar exchange rate in the parallel market and who is the party concerned with implementing the reform packages launched by the Central Bank.”

He pointed out that "the instability of the dollar exchange rate has caused an economic problem, and there is no clear policy for the central bank," stressing that "the government must implement what the bank wants through the reform packages it launched, and therefore controlling the exchange rate is a shared responsibility." between the Central Bank and government agencies, especially those concerned with import and customs ports.” 

Al-Karawi pointed out that “hosting the bank’s governor will address the economic crisis, the rise and fall of the dollar, and the agreements the bank signed with the US Federal Reserve and the World Bank.”

The exchange rates of the US dollar have witnessed an upward increase against the Iraqi dinar for several months, and reached its peak this month when the price reached 1,655 dinars to one dollar, despite the government and the Central Bank setting an official exchange rate of 1,320 dinars to one dollar.   link

Mot:  aaahhhhh - its Not What Ya Say! -- its How Ya Says It!!

Mot:  .... OK Now ponder this un!!! 

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Monday Morning 10-16-2023

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 16 Oct. 2023

Compiled Mon. 16 Oct. 12:01 am EST by Judy Byington

Sun. 15 Oct. Evening: Wolverine on the Global Currency Reset: “They are really close to get this done. St Germaine is getting ready to release the funds. The Tier 1 platform is getting ready and will be paying advance payment of $10,000 to all members for the time being until they start releasing all the funds. Dubai 1 has all been released and Dubai 2 is nearly finished. I’m praying that by Tues. 17 Oct. we should be ready to go.”

The money is moving towards us!!

Successful cleanup and updated QFS.

Billions released for humanitarian projects.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 16 Oct. 2023

Compiled Mon. 16 Oct. 12:01 am EST by Judy Byington

Sun. 15 Oct. Evening: Wolverine on the Global Currency Reset: “They are really close to get this done. St Germaine is getting ready to release the funds. The Tier 1 platform is getting ready and will be paying advance payment of $10,000 to all members for the time being until they start releasing all the funds. Dubai 1 has all been released and Dubai 2 is nearly finished. I’m praying that by Tues. 17 Oct. we should be ready to go.”

The money is moving towards us!!

Successful cleanup and updated QFS.

Billions released for humanitarian projects.

The payers paid.

Bond teams received some signatures. The remaining groups of each level will be paid in full: Tiers1,2,3,4.

Banks completed the remaining layers of payments overnight Sun. 15 Oct.

The launch algorithms will be ready Mon. 16 Oct.

Those who attempt to interfere and delay will be arrested and replaced within hours.

All equipment reinforces security at multiple levels and dimensions.

There will be 20 days of DISCLOSURE.

Everything posted by 2k Mules, soft announcements about arrests and notifications https://2000mules.com/

New technology is being installed.

All banks linked to gold bullion eliminating multiple problems.

Get ready for the shotgun start!!!

Celebrations as liberation continues. Keep the faith. God bless us.

What We Think We Know as of Mon. 16 Oct. 2023:

The Iraqi Dinar has revalued and for the past week has been trading on the back screens of the Forex, putting itself in a position for the new exchange rate that was soon to be made public.

Iraqi Banks have been telling Iraqi citizens that the Iraqi Dinar Rate has been changing up in value on the back screens of the Forex and the new rate was about to be announced by the Central Bank of Iraq Board of Directors.

Because of the Iraqi Dinar rate changes, the Central Bank of Iraq has suspended Western Union service for international money transfer: https://search4dinar.wordpress.com/2023/10/12/central-bank-of-iraq-suspends-western-union-service-for-international-money-transfer/

On Sun. 15 Oct. the IMF and World Bank would hold their last meeting.

Wed. 1 Nov. was the goal to have Currency Exchanges and Zim Bond Redemptions completed, although that date could vary.

Starting 1 Jan. 2024 the fiat US Dollar will be worthless, all currencies across the Globe will be on par 1:1 with each other, Social Security benefits will be much higher and the SS R&R payments start on a monthly basis.

~~~~~~~~~~

Judy Note: The Fall of The Cabal, All Parts 1-10

(Three hour documentary by Janet Ossebaard) 

https://rumble.com/v3pk7ph-fall-of-the-cabal-all-parts-1-10-3-hr-full-documentaryhistory-of-corruption.html

Read full post here:  https://dinarchronicles.com/2023/10/16/restored-republic-via-a-gcr-update-as-of-october-16-2023/

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

Courtesy of Dinar Guru   https://www.dinarguru.com/

Frank26   January 1st, no more USDs [In Iraq].  But that's only the final day of USD removal.  It has nothing to do with the monetary reform.

Mnt Goat   Article quote:   “We hope that the Central Bank will remain steadfast and independent, stand against pressure and rumors, and continue to implement international standards and prudent measures that will improve and stabilize Iraq’s economy and exchange rate.” Al-Najjar also pointed out...the presence of major corruption within a group of banks and banking companies, which led to smuggle dollars.  ...there are elements that do not want the currency reform to be completed since the goose with the golden eggs will end.  I assure you it will end and end soon! This corruption will not continue...I know much more of what is going on behind the scenes that I am not telling you and can’t tell you.  I know this reinstatement process has to continue to the end and is going to move quickly...

Germany's Epic Fail: Qatar Gas Deal Spells Financial Doom For Europe's Largest Economy

Lena Petrova:  10-16-2023

https://www.youtube.com/watch?v=5SI50-gvTZo

US-Saudi Deal Crumbles, Iran Returns Deadly Warning, Oil Erupts Higher

Sean Foo:  10-16-2023

The US-Saudi Israel deal is now on ice with MBS officially engaging with Iran. This is a big blow to America's Middle East ambitions, however, tensions and economic risks are still escalating in the region. Here's why things are getting from bad to worse with Iran's latest scary warning.

Timestamps & Chapters:

0:00 Israel-Saudi Deal Is Finished

2:34 America's Middle East Scramble

5:31 Iran Returns The Warning

 8:02 Oil Markets In Chaos

11:23 A Dangerous Black Swan

https://www.youtube.com/watch?v=fMcEEBk-TC8

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Chats and Rumors, Video DINARRECAPS8 Chats and Rumors, Video DINARRECAPS8

Currency Insider Iraqi Dinar Updates Sunday Evening 10-15-23

Currency Insider Iraqi Dinar Updates Sunday Evening 10-15-23

Iraqi Dinar Floating Rate Internationally

Iraqi Dinar Suddenly Turn Into New Rates 

Currency Insider Iraqi Dinar Updates Sunday Evening 10-15-23

Iraqi Dinar Floating Rate Internationally

Iraqi Dinar Suddenly Turn Into New Rates 

Iraqi Dinar Floating Rate Internationally

https://www.youtube.com/watch?v=nUVgl43C3gM   

Iraqi Dinar Suddenly Turn Into New Rates

https://www.youtube.com/watch?v=m7CqZtXaVFA

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Sunday Night 10-15-2023

TNT:

Tishwash:  Al-Sudani to bank managers: Financial reform is not a slogan.. We will face the challenges without hesitation

Today, Sunday, Prime Minister Muhammad Shiaa Al-Sudani chaired a meeting to discuss banking reform procedures, in the presence of the Governor of the Central Bank and directors of government banks, while indicating that financial reform is not a slogan but a series of terms and procedures that the government intends to implement without hesitation.

Al-Sudani’s office said in a statement:

Within the framework of His Excellency’s follow-up to the plan to implement financial and administrative reforms in the financial and banking sectors, the Prime Minister, Mr. Muhammad Shiaa Al-Sudani, chaired, this evening, Sunday, a meeting that included the Governor of the Central Bank and the directors of government banks, in which the procedures and work mechanisms taken to achieve banking reform, which constitutes one of the... The basic steps for financial and economic reform that the government adopts in its executive approach.

TNT:

Tishwash:  Al-Sudani to bank managers: Financial reform is not a slogan.. We will face the challenges without hesitation

Today, Sunday, Prime Minister Muhammad Shiaa Al-Sudani chaired a meeting to discuss banking reform procedures, in the presence of the Governor of the Central Bank and directors of government banks, while indicating that financial reform is not a slogan but a series of terms and procedures that the government intends to implement without hesitation.

Al-Sudani’s office said in a statement:

Within the framework of His Excellency’s follow-up to the plan to implement financial and administrative reforms in the financial and banking sectors, the Prime Minister, Mr. Muhammad Shiaa Al-Sudani, chaired, this evening, Sunday, a meeting that included the Governor of the Central Bank and the directors of government banks, in which the procedures and work mechanisms taken to achieve banking reform, which constitutes one of the... The basic steps for financial and economic reform that the government adopts in its executive approach.

His Excellency stressed that financial reform is not just a slogan, but rather a series of terms and procedures that the government is determined to implement without hesitation, and will face all the challenges and obstacles that hinder the progress of implementing systematic and thoughtful reform plans.

The Prime Minister directed the simplification of all banking procedures, and the preparation of a proposed list of facilities and simplified procedures to be presented within a week, in addition to providing a summary of the obstacles obstructing the banking reform process, and proposing effective and implementable treatments for them, in a way that helps in overcoming the approved traditional contexts, which transform... Without achieving the government’s goal of developing this important economic and service sector.   ink

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Tishwash: Warnings of a banking collapse in Iraq.. Banks are without dollars and prices are on fire in the markets

CENTRAL BANK ACTIONS MAY LEAD TO A BANKING COLLAPSE IN IRAQ (ULTRA IRAQ)

 Iraqi traders were surprised by the measures of the Central Bank of Iraq in preventing the circulation of Iraq through remittances entering and leaving the country, and the disappearance of the dollar from the banks, as well as the successive jumps in the exchange rates of the dollar against the dinar in local markets, amid warnings that the Central Bank’s recent measures would lead to a tightening grip on the dollar. To a banking collapse in Iraq.

The Iraqis were shocked by measures attributed to the Central Bank of Iraq to prevent the circulation of the dollar through remittances entering and leaving the country under the pretext of controlling the US currency crisis in Iraq.

In parallel with complaints from customers of some banks that they were not delivered the dollar, an official in the Central Bank of Iraq confirmed in a statement to Reuters that the government “will ban cash withdrawals and transactions in dollars as of January 1, 2024,” in a move aimed, according to the Director General. Investment and Transfer Management Mazen Ahmed called for “stopping the illicit use of about 50% of the $10 billion cash amount that Iraq imports annually from the Federal Reserve Bank in New York.”

The statement of the official in charge of transfers at the Central Bank caused anger among those dealing in the dollar, whether through banks and related to salaries for the private sector, or purchasing goods, travel, etc., which prompted the same official to issue an explanatory statement in which he accused “Reuters” of inaccurate journalistic formulations, and He said that the bank guarantees dollar  deposits for citizens at any bank and receives them in cash, indicating that the statement means that the beginning of next year will witness “a cessation of cash withdrawals that includes transfers received only from outside Iraq according to certain arrangements that guarantee business sustainability and does not include in any way citizens’ balances in US dollars.” 

Reasons for the central bank’s decision

Last year, the Central Bank of Iraq established a platform to regulate bank transfers, which constitute the bulk of the demand for the dollar, in order to control the fluctuation of US currency prices in the markets.

In March 2023, the Central Bank issued a third package of measures to “facilitate access to the dollar,” which aimed to control exchange rates in the parallel market and prevent the crisis from worsening. It was satisfied with those packages before resorting to what could be called “besieging the dollar . ”

Regarding the recent measures, economic expert Khattab Al-Damen says, “The Central Bank of Iraq finally resorted to implementing the exchange control system due to the crisis of the high exchange rates of the dollar against the dinar in parallel markets,” indicating that “the Central Bank took control of all transfers entering Iraq in US dollars, The beneficiaries are paid in Iraqi dinars according to the official exchange rate, which is 1,320 dinars per dollar, even though the exchange rate in the markets exceeds 1,600 dinars per dollar.

Speaking to “Ultra Iraq,” Al-Damen added, “The new system harmed the rights of those with remittances entering Iraq in US dollars, as a result of them obtaining official exchange rates that are lower than the parallel exchange rates in the Iraqi market. In return, the Central Bank obtains dollar transfers in exchange for a price.” The official exchange rate is in Iraqi dinars.

The Central Bank of Iraq took over dollar transfers to Iraq and disbursed them in dinars and at the official exchange rate

The implementation of this system by the Central Bank of Iraq, according to Al-Damen, came in an attempt to increase the Central Bank’s reserves of the US dollar, in light of the crisis of growing demand for the dollar for the purposes of import, treatment, travel, smuggling, and money laundering.

The economic expert expects that the implementation of this system will lead to an increase in demand for the dollar in Iraqi markets, as a result of the decrease in the dollar quantities that were flowing to individuals and companies from external transfers, considering that this decision is not commensurate with the conditions of an oil-producing country like Iraq whose exports of crude oil exceed 90%. Billion dollars annually.

According to Al-Daman, achieving balance in exchange rates requires drawing and implementing economic policies aimed at controlling the causes of the high demand for the dollar and its high prices in parallel markets, which is the collapse of the real production sectors in Iraq (the agricultural sector and the manufacturing sector) to reduce the growing imports, which have exceeded 18 million.

One billion dollars annually, according to 2022 statistics, in addition to the demand for the dollar for the purposes of smuggling and money laundering, and not controlling balances transferred from abroad, in a country that currently enjoys high oil revenues.

The disappearance of the dollar!

On the other hand, a source in one of Baghdad’s private banks says, “Private and government banks in Baghdad and the governorates have begun implementing the Central Bank’s decisions regarding not dealing in dollars and adopting the official prices of the dinar in remittances.”

Iraqi banks witnessed a significant scarcity of their dollar shares, which caused a crisis with customers

The source, who requested anonymity for functional reasons, while speaking to "Ultra Iraq", indicated that "the Central Bank began reducing banks' shares of the dollar through currency selling outlets in a step to enforce the instructions issued by it."

The source confirms that there has been a "major scarcity in banks" during the recent period, "which has generated clashes and verbal altercations between banks in Baghdad and citizens who found themselves unable to withdraw their deposit transfers in dollars."

The source points out, “A problem centered around the Central Bank’s recent actions, which is the issue of the country’s monetary supply, which is estimated at 85 billion dinars. Consequently, this liquidity is insufficient to cover the financial transactions of the government, which was relying on withdrawing the dinar against the dollar, which allows it to distribute salaries and meet needs.” "other".

Traders in Iraq, who receive salaries in dollars, complained of not receiving what they receive as stipulated in their contracts, due to a government decision requiring dealing in the Iraqi dinar, whether for Iraqis or foreigners who receive their salaries from non-Iraqi companies or organizations. 

Warning of a jump in exchange rates and a banking collapse

“The measures taken by the Central Bank regarding the countries’ crisis are floundering and failed and came due to pressure from the street and the government,” this is how the economic expert, Hammam Al-Shamaa, describes it during his talk to “Ultra Iraq.”

Banking collapse in Iraq soon with foreign remittances banned

Al-Shamaa adds, saying, “The Central Bank resorted to such a measure due to pressure from the US Federal Central Bank, which stressed to Iraq the importance of the dollar not going to Iran,” indicating that “due to the implementation of the new procedures of the Central Bank, the dollar will witness a major jump in the market as a result of these floundering policies.” .

A warning of a banking collapse in Iraq, issued by Al-Shamaa, as he said that “preventing external transfers by the banking sector will lead to the collapse of the banking sector soon since it essentially depends on the circulation and transfer of the dollar,” noting that “these measures will work to increase the gap between the citizen and the banks.” "This will have a significant impact on the banking sector in Iraq."

According to economic experts , the inability of banks to deliver dollar transfers to beneficiaries in Iraq “will discourage financial transfers from abroad in the future,” a measure that is “not in the interest of the Iraqi economy and will specifically affect financial transactions.”  link

Courtesy of Dinar Guru

Militia Man   Article:  "China hosts representatives from 130 countries at the New Silk Roads ForumThis Belt Road project is linking right through Iraq.  Al-Sudani just met with Putin on his Development Road Project as well... The 10th anniversary of this coinciding with electronic systems hook ups in Iraq are looking to be timed   accordingly...I like it.

RayRen98  ...I DO "BELIEVE" THAT IT HAS BEGUN!! RATES DID CHANGE IN IRAQ LAST WEEK...MAYBE AGAIN OVER THE WEEKEND? WAITING TO HEAR FROM SOME FOLKS WHO WERE EXCITED LAST NIGHT AND WERE LOOKING TO SEE SOMETHING (BEHIND THE SCENES) THROUGHOUT THE NIGHT...TIME WILL TELL

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MARKETS A LOOK AHEAD: "ENDGAME." The Final Stage Has Begun.

Greg Mannarino:  10-15-2023

https://www.youtube.com/watch?v=ifPfc6jMSbk

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"Tidbits From TNT" Sunday 10-15-2023

TNT:

CandyKisses:  China hosts representatives from 130 countries at New Silk Roads Forum

Economy News - Baghdad

Russian President Vladimir Putin arrives in China next week to meet his counterpart Xi Jinping and strengthen ties with his strategic partner.

The Chinese capital will host representatives from 130 countries, including the Russian president, on October 17 and 18 for the New Silk Roads Forum, which will mark the tenth anniversary of the launch of this mega infrastructure project.

The plan, officially dubbed the Belt and Road, aims to improve trade links between Asia, Europe, Africa and even further afield, by building ports, railways, airports and industrial parks

TNT:

CandyKisses:  China hosts representatives from 130 countries at New Silk Roads Forum

Economy News - Baghdad

Russian President Vladimir Putin arrives in China next week to meet his counterpart Xi Jinping and strengthen ties with his strategic partner.

The Chinese capital will host representatives from 130 countries, including the Russian president, on October 17 and 18 for the New Silk Roads Forum, which will mark the tenth anniversary of the launch of this mega infrastructure project.

The plan, officially dubbed the Belt and Road, aims to improve trade links between Asia, Europe, Africa and even further afield, by building ports, railways, airports and industrial parks

CandyKisses:  Erbil: Withdrawing the dollar via ATM machines stopped by a decision of the Central Bank

Erbil – 964

A number of Erbil residents were surprised, on Saturday, by the stopping of the ATMs, which were designated for withdrawing US dollars, in several areas, including the “Empire” complex, which witnesses a large presence of foreign expatriates.

964 Network Banking Source:

We are committed to the Central Bank’s decision issued 3 months ago, which prevents banks from granting dollars via ATM machines, and we have observed a commitment from other banks.

964 Network sources :

There are banks that still issue dollars via ATM machines, and they are subject to stopping at any time.

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

CandyKisses:  Saleh: The economic reform law is a complementary element to promote wealth produced from outside oil wealth

{Economic: Euphrates News} The financial and economic adviser to Prime Minister Mazhar Muhammad Saleh, on Sunday, that the issuance of the economic reform law is a complementary element to the advancement of wealth produced from outside the oil wealth

Saleh told Al-Furat News: "The Iraq Fund for Development, which was approved as a system based on the government curriculum, will work in an important part of its functions and objectives to draw mechanisms consistent with the management of internal sovereign wealth funds."

He added: "What can be expected from the importance of the issuance of the economic reform law, which will be the complementary element to the management of the country's material and human resources in the framework of promoting the wealth produced from outside the oil wealth."

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

Tishwash:  Stability in the exchange rate is achieved through comprehensive financial and banking reform

In light of our follow-up to the measures of the Central Bank and the government to control the stability of the exchange rate, we clearly and accurately noticed that there is an organized lobby working against achieving monetary stability, led and implemented by multiple parties linked to speculators and corrupt people who have a special agenda to weaken the national economy and harm it by fabricating news, media statements and economic analyses.

It is incomplete and transforms it from news that reassures the market and citizens into news that confuses the market and creates panic among citizens, and this is what is actually happening now.

Which requires clarification here. Almost ten years ago, especially after the financial and security shocks in mid-2014, the culture of relying on the Central Bank to confront economic and financial crises and challenges took root.

This was done by using its means and tools for monetary policy to overcome the government’s lack of liquidity, its inability to pay salaries, and the failure to implement... Its government programs rely on foreign monetary reserves, which in reality are not the government’s reserves, but rather the central bank’s reserves to control the stability of the exchange rate according to the target, cover the local currency in circulation, and cover imports.

Because of these accumulated crises, the central bank was previously forced to lend to the government up to 46 trillion dinars during the past years. None of it has been paid so far, which has reflected in this policy exposing the national economy to complex problems.

 The solution is always the central bank, and it is also held responsible for the problems of other concerned parties, and this is not its primary role, as it is not responsible for the deficit in non-oil revenues, the deficit in the balance of payments, and the deficit in... The trade balance is not responsible for the rise and fall of global oil prices.

Therefore, the obligatory cash reserve rose and fell due to these wrong policies that were not based on clear and specific economic strategies and approaches. 

Therefore, the return of stability in the exchange rate to its rates targeted by the Central Bank is achieved with the support of the concerned authorities in the government by activating other productive sectors and reforming the financial and banking sector

And drawing up clear financial policies and in coordination with monetary policy and its currently approved applications and tools, and overcoming the challenges of achieving economic stability, which means achieving stability in the financial system and the monetary system. This is not only the duty of the central bank alone, but rather it is a fundamental duty of financial policy and the government’s methodology in managing the economy and activating sources of national income without Oil, supporting, protecting and encouraging local production, activating dealing in the Iraqi dinar in all internal monetary trading activities, and expanding the use of electronic payment methods whenever possible.

The expectations of the Central Bank and specialists that the exchange rate will return to a stable state requires time, which we hope will not be long, despite the daily and new procedures adopted by the Central Bank in issuing packages and instructions and taking daily executive measures for the purpose of finding facilities and openness to all segments that need the US dollar in foreign transactions at the official rate.

He concluded a series of negotiations and agreements with the US Treasury, the US Federal Reserve, and some international correspondent banks to regulate foreign trade with China, India, Europe, the Emirates, and Turkey, and to adhere to the standards of international banking transactions.

We affirm that the criterion adopted and confirmed by the Central Bank and specialists in achieving this is the availability of cash reserves of foreign currency exceeding 100 billion dollars and the continued flow of dollar revenues from oil sales on a daily basis in accordance with the quantities planned to be marketed in 2023 and at the prices of the product that are expected to continue at their current limits, or as energy experts expect that Prices exceed $100 at the end of this year   link

Mot: . oooooooh Deeeer!!! 

Mot: . Why I Didn't Knows!! --- heee heee heeee 

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News, Rumors and Opinions Sunday 10-15-2023

KTFA:

Clare:  An Iraqi traveler was arrested carrying an amount of money exceeding the permissible limit

10/14/2023   Baghdad - 

The Border Ports Authority announced today, Saturday, the arrest of an Iraqi traveler carrying an amount of money exceeding the permissible limit according to the instructions of the Central Bank of Iraq.

A statement by the authority, received by the Iraqi News Agency (INA), stated that “detachments from the Shalamcheh border crossing were able to arrest an Iraqi traveler in the passenger (arrival) hall and seized in his possession an amount of money exceeding the permissible limit according to the instructions of the Central Bank.”

He added, "The traveler was carrying an amount of 61 million and 950 thousand Iraqi dinars," noting that "a committee was formed, a fundamental arrest report was organized, and the accused was referred to the Shalamcheh Customs Police Station to take appropriate legal measures against him."  LINK

KTFA:

Clare:  An Iraqi traveler was arrested carrying an amount of money exceeding the permissible limit

10/14/2023   Baghdad - 

The Border Ports Authority announced today, Saturday, the arrest of an Iraqi traveler carrying an amount of money exceeding the permissible limit according to the instructions of the Central Bank of Iraq.

A statement by the authority, received by the Iraqi News Agency (INA), stated that “detachments from the Shalamcheh border crossing were able to arrest an Iraqi traveler in the passenger (arrival) hall and seized in his possession an amount of money exceeding the permissible limit according to the instructions of the Central Bank.”

He added, "The traveler was carrying an amount of 61 million and 950 thousand Iraqi dinars," noting that "a committee was formed, a fundamental arrest report was organized, and the accused was referred to the Shalamcheh Customs Police Station to take appropriate legal measures against him."  LINK

Clare:  Al-Sudani directs the implementation of financial obligations to complete customs automation and networking requirements

10/14/2023

On Saturday, Prime Minister Muhammad Shiaa Al-Sudani directed the implementation of financial commitments to complete the requirements of the first phase of customs automation and networking.

This came while he chaired a meeting devoted to following up on the steps to automate customs and networking, in the presence of representatives of the United Nations Conference on Trade and Development (UNCTAD). According to a statement received by Shafaq News Agency, Al-Sudani reviewed a detailed report explaining the progress of work in implementing the first phase of implementing the global system for automating and modernizing customs (ASYCUDA), and the most prominent problems and challenges and ways to overcome them, leading to the implementation of the single window for foreign trade, through a comprehensive application of information technology, It contributes to unifying customs procedures, issuing electronic declarations, and exchanging data.

The Prime Minister directed the implementation of all financial obligations to complete the requirements of the first phase, and provide the infrastructure necessary for the success of the project.

He also directed the implementation of technical workshops to introduce this important project, which will support the government’s efforts in developing economic structures according to the foundations of integrity and transparency.

Al-Sudani stressed that the customs automation project is one of the most important axes of economic reform adopted by the government as part of the priorities of its government program, and is an important basis and starting point for implementing financial and banking reforms, in accordance with the government’s vision and approach to implementing real trade and combating corruption.   LINK

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

Courtesy of Dinar Guru   https://www.dinarguru.com/

Frank26  [Iraq boots-on-the-ground report]  FIREFLY: The television is saying the oil and gas law is still with the government technical committees and is being reviewed.  FRANK:  See!  Where did I tell you the HCL is at?  In a little box in the top shelf of Sudani's desk...It is being reviewed?  I agree, because it will require a new exchange rate.  What are they going to do pay you $0.30 a month?

Militia Man  Article: "Parliamentary Energy: Work is continuing towards passing the oil and gas law"    This is going to be a big deal and it needs the same thing everyone else needs and that is the international acceptable currency exchange rate. The way they are talking on this gives me the impression they are ready for the rate, so that they can discus, read and vote on it.  Who wouldn't vote for it when it is for all Iraqi people. I am sure the priority is going to be toward a yes vote...A unanimous one at that!

Iran in BRICS: "Pariah" No More?

Lena Petrova: 10-15-2023

https://www.youtube.com/watch?v=F3NKTkWpHgQ

EU’s Biggest Economy Crashes: Middle East Crisis Confirms The Worst

Sean Foo:  10-15-2023

In a big twist of events, the German Government is forecasting a recession in 2023. As events in the Middle East get worse, Europe's largest economy is facing another energy crisis which threatens to worsen the de-industrialization.

 Here's why Germany is facing a historic economic crisis and why it might be the end of their industrial economic run.

Timestamps & Chapters:

0:00 Germany Admits Recession Coming

2:55 Industrial Crisis Getting Worse

 6:23 A New Energy Nightmare

9:38 Germany's Economic Emergency

13:15 Deindustrialisation Tragedy

https://www.youtube.com/watch?v=AFAHGLcB9kI

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Currency Insider Iraqi Dinar Updates Saturday Evening 10-14-23

Currency Insider Iraqi Dinar Updates Saturday Evening 10-14-23

Iraq Challenge To Replace US Dollar

Iraqi Dinar Rate Update

Currency Insider Iraqi Dinar Updates Saturday Evening 10-14-23

Iraq Challenge To Replace US Dollar

Iraqi Dinar Rate Update

Iraq Challenge To Replace US Dollar

https://www.youtube.com/watch?v=1O8xLY3ma_k

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Saturday 10-14-2023

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 14 Oct. 2023

Compiled Sat. 14 Oct. 12:01 am EST by Judy Byington

Judy Note: Bank closures and runs have begun across Europe and the US.

Bank Runs & most severe US Bond Sell Off in history continues.

Global Currency Reset:

Fri. 13 Oct. TNT Tony Tweet: “It won’t happen tonight (Fri. 13 Oct.), but rather tomorrow night by midnight (Sat. 14 Oct.). They wanted it done before ForEx came back up.”

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 14 Oct. 2023

Compiled Sat. 14 Oct. 12:01 am EST by Judy Byington

Judy Note: Bank closures and runs have begun across Europe and the US.

Bank Runs & most severe US Bond Sell Off in history continues.

Global Currency Reset:

Fri. 13 Oct. TNT Tony Tweet: “It won’t happen tonight (Fri. 13 Oct.), but rather tomorrow night by midnight (Sat. 14 Oct.). They wanted it done before ForEx came back up.”

Fri. 13 Oct. MarkZ: “Militia Man reported that Western Union was shutting down the financial borders of Iraq by refusing to make international transfers of money. I think that shows how close we are to the finish line.

Wed. 11 Oct. Frank26: “If you are a student of Forex you will be able to see right now that the Iraqi dinar is trading in massive volumes. It is putting itself in position for the new exchange rate to come out.”

Thurs. 12 Oct. Holly on Frank26: “Frank has a team in Erbil who went to the bank. They’re telling the citizens the rate is coming. He told her the rate went up two days ago, and they’re about to use the new national currency. Alaq said the Board of Directors of the CBI is going to release a new exchange rate. The bank is saying there has been a rise in the rate internally. They will be joining the BRICS and that may be the basket that floats internationally!”

The Central Bank of Iraq has suspended Western Union service for international money transfer: https://search4dinar.wordpress.com/2023/10/12/central-bank-of-iraq-suspends-western-union-service-for-international-money-transfer/

Wed. 11 Oct. TNT Tony: “We are as close to a Global Currency Reset as we are to touching the Eye of the Storm. A takeover of the old SWIFT system by the Quantum Financial System (QFS) will totally divorce Central Banks and Governments from stealing our money and controlling our future.”

On Sun. 15 Oct. the IMF and World Bank could hold their last meeting.

Wed. 1 Nov. was the goal to have Currency Exchanges and Zim Bond Redemptions completed, although that date could vary.

Starting 1 Jan. 2024 the fiat US Dollar may be worthless, all currencies across the Globe could be on par 1:1 with each other, Social Security benefits will be much higher and the SS R&R payments start on a monthly basis.

In the next three to six months the Rodriguez Trust will begin to administer “universal basic income” for citizens of all GESARA-compliant countries. The amount per individual or family will depend on the status, needs, employment level and age of the person/family and will work to encourage people to work if they can.

Fri. 13 Oct. GCR, RV, and QFS = Global Currency Reset | Attention, XRP Enthusiasts: The Euphoric Rise of XRP! – American Media Group (amg-news.com)  

54 Banks Closed/Scheduled To Close. Major US banks are continuing to close branches across the US, leaving an increasing number of Americans without access to basic financial services. Bank of America axed 21 branches in the first week of October, according to a bulletin published by the Office of the Comptroller of the Currency (OCC) on Friday. Wells Fargo shuttered 15, while US Bank and Chase reported closing 9 and 3 respectively. In total, some 54 locations had either closed or were scheduled to close between October 1 and October 7. Of the overall closures, 3 were in Louisville in Kentucky. Eight of the 21 Bank of America closures were in California. https://www.dailymail.co.uk/yourmoney/banking/article-12628627/Bank-America-Wells-Fargo-branches-shut-October.html

 Read full post here:   https://dinarchronicles.com/2023/10/14/restored-republic-via-a-gcr-update-as-of-october-14-2023/

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

Courtesy of Dinar Guru   https://www.dinarguru.com/

Militia Man  Al Sudani was in Russia...one of the things he said is they're going to be doing business between the Iraqi dinar and the Russian ruble in commercial dealings...

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:  Sudani came on the news and he's saying Iraq is ready to join the BRICS... FRANK:  ...That's highly possible that might be the basket they will eventually float in because even the Iranian currency is in that basket and it is logical to consider this because this is the next step in the monetary reform process.
Your currency does not need a new exchange rate, it needs to float internationally without any restrictions.  It has no restrictions.  It is about to float internationally. 

Banking Turmoil: U.S. Banks Post MASSIVE LOSSES

Lena Petrova:  10-14-2023

https://www.youtube.com/watch?v=HRB1mKT3ToQ

Crisis Hits US Bond Market | Doomberg

Liberty and Finance:  10-14-2023

A crisis is happening in the financial system as yields are rising dramatically, and foreign buyers of U.S. debt are moving away from Treasuries.

And as the Israel-Hamas conflict escalates, the possibility of oil prices spinning out of control grow. War with Iran could increase prices dramatically, and Europe is not prepared for a spike in energy prices.

INTERVIEW TIMELINE:

0:00 Intro

2:08 Israel-Hamas conflict

 6:42 Oil spike?

11:15 Diesel prices

12:33 Natural gas

18:00 Healing in US

22:30 Inflation vs deflation

24:50 Last thoughts

https://www.youtube.com/watch?v=MhBLv_HGBR0

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Currency Insider Iraqi Dinar Updates Friday Evening 10-13-23

Currency Insider Iraqi Dinar Updates Friday Evening 10-13-23

CBI Suspended Western Union, Zaincash

Iraqi Dinar New Rates Still Pending

Currency Insider Iraqi Dinar Updates Friday Evening 10-13-23

CBI Suspended Western Union, Zaincash

 Iraqi Dinar New Rates Still Pending

CBI Suspended Western Union, Zaincash

https://www.youtube.com/watch?v=Klipd5YSqfw

 Iraqi Dinar New Rates Still Pending

https://www.youtube.com/watch?v=Yi2CqmgjkH4

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Chats and Rumors, News Dinar Recaps 20 Chats and Rumors, News Dinar Recaps 20

"Tidbits From TNT" Saturday Morning 10-14-2023

TNT:

CandyKisses:  Iranian oil minister expects the price of a barrel of oil to rise to $ 100

Iranian Oil Minister Javad Oji expected the price of a barrel of crude oil to reach 100 US dollars in global markets, according to what was quoted on Saturday by the Islamic Republic of Iran Agency "IRNA".

This came during a meeting of the administrative council of the city of Mehr in the southern Iranian province of Fars held on Friday.

The minister said that "the price of oil in the global market is expected to reach $ 100 per barrel" in light of the recent developments in the Middle East.

TNT:

CandyKisses:  Iranian oil minister expects the price of a barrel of oil to rise to $ 100

Iranian Oil Minister Javad Oji expected the price of a barrel of crude oil to reach 100 US dollars in global markets, according to what was quoted on Saturday by the Islamic Republic of Iran Agency "IRNA".

This came during a meeting of the administrative council of the city of Mehr in the southern Iranian province of Fars held on Friday.

The minister said that "the price of oil in the global market is expected to reach $ 100 per barrel" in light of the recent developments in the Middle East.

CandyKisses:  A new jump in oil prices and Brent records $ 90 a barrel

Baghdad today - follow-up 

Global oil prices rose today, Saturday (October 14, 2023), by 4.5%, and a barrel of Brent crude oil reached $90 for the first time since the beginning of this October, according to trading data.

According to Reuters, the price of December futures contracts for Brent crude rose by 4.56%, reaching $89.92 per barrel, minutes before it reached $90 for the first time since October 4.

November futures for West Texas Intermediate crude rose 4.57% to $86.75

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

Tishwash:  A parliamentary committee clarifies the points of disagreement over the oil and gas law

The Parliamentary Oil and Gas Committee confirmed today, Friday, that efforts to legislate the oil and gas law, which has been stalled since 2005, are progressing slowly due to the controversial points not being resolved yet, while it clarified those points. 

Committee member Zainab Al-Moussawi said, in a statement followed by Mawazine News, that “legislation of the oil and gas law is proceeding slowly as a result of controversial points, the most important of which is the management of the Kurdistan region’s oil fields and the financial revenues generated from selling oil and exporting abroad.” 

She added, "There is a second controversial point that indicates that the management of national wealth, including those in the Kurdistan region, is by the federal government."

She continued, "Managing federal financial revenues and exporting Kurdish oil abroad through the National Oil Company (SOMO) are also controversial points to which Erbil objects."

She stressed, "There are ongoing dialogues between Baghdad and Erbil to overcome differences and approve the law that will draw the map of oil in Iraq again." link

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

Tishwash:  An expert reveals the importance of attracting Russian investments to Iraq.. What is America’s role?

The economic expert, Safwan Qusay, confirmed today, Friday, that Iraq is trying to be in the region of economic balance by attracting investments from countries of the East or West, including Russia.

Qusay said in a statement followed by Mawazine News, “Russia represents a giant industrial country, and Iraq’s openness to the Russian system can be exploited by attracting investments in the agriculture, livestock, and transportation sectors. Especially if we manage the investment file in the iron and steel sector to create complementary industries at the train level.” And ships.”

He added, "Iraq is looking forward to investing in its geographical location and it needs to establish an industrial zone for strategic industries that complement the path of development and the presence of economic powers such as Russia that can contribute to these sectors. I believe that establishing a nuclear reactor to generate electrical energy will support the process of establishing this industrial city and that we will have diversity." In sources of investments.

He pointed out that "Iraq is looking forward to increasing the capacity of financial transactions with the Russian side outside the SWIFT system, so that it has trade with the East through this system and this reduces the pressure on financial bottlenecks in some cases." He continued, saying: "Russia is a country currently present in Iraq.

" It has investments in the energy and petrochemicals sector, and it may be ready for Russian investments. In return, there can be a link to the production of the continent of Asia through Russia, and to link the continent of Asia through the Al-Faw crossing and through border crossings with Iran for the crossing of goods from Russia to the continent of Africa via the Kingdom of Saudi Arabia. And Jordan.”

Regarding Iraq’s orientation towards a number of economic poles and the possibility of its exit from American influence as a result of this orientation, Qusay said: “Iraq does not have a region of attraction without others, but it must build a sectoral investment map so that there is competition in every sector, and I believe that the advantage of the economy is The return is what will determine the preference. For example, integration with the Russian economy at the level of agriculture, iron and steel industries, and nuclear energy. This could be the path.” He added

: “With the United States, for example, we need a technological city established by American companies at home .” The Iraqi and the British believe that British insurance companies are able to guarantee global investment in Iraq, and I believe that the division of regions and commercial and economic dealings with countries of the world are what will contribute to determining the path of investment in Iraq, and Iraq is not against any investment.”

Russian President Vladimir Putin and Iraqi Prime Minister Muhammad Shiaa Al-Sudani participated in the activities of the "Russian Energy Week" forum, which was held in Moscow.
In his speech at the opening of the forum, Putin stressed that "the global economy is moving to a multipolar model that has several growth centers."

For his part, Al-Sudani spoke at the forum about Russian development in the gas, oil, and electricity sectors, in addition to the Iraqi government’s priority in economic diversification through integrated energy, petrochemical, and integrated projects.  link

Mot:  ..... ole ""Mots"" Advice on - Animal Attacks!!

Mot:  ... Why!!!???? --- Every time!!! 

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