News, Rumors and Opinions Sunday AM 9-22-2024

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 Sun. 22 Sept. 2024

Compiled Sun. 22 Sept. 2024 12:01 am EST by Judy Byington

Restored Republic:

Alliance Plan: …Mr. Pool on Telegram Sat. 21 Sept. 2024

NESARA/GESARA Debt Forgiveness implementation

QFS implemented

Federal Reserve dead, IRS under new US Treasury

New tax system where there is only a 14% tax on new items bought only, no tax on food or medicine, wages, etc.

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Sat. 21 Sept. 2024 BREAKING: U.S. Banks Shut Down 55 Branches in Just Two Weeks! …Carolyn Bessette-Kennedy on Telegram

A financial earthquake is shaking the U.S. banking system as Wells Fargo, Chase, Bank of America, and Fulton close 55 branches in just two weeks. This isn’t just a coincidence—it’s part of a bigger shift that you need to be aware of. With Basel III regulations approaching and a potential government shutdown looming, the entire financial sector is bracing for a massive transformation.

Why are these banks shutting down so fast? The answer is simple: the old system is collapsing. The Federal Reserve’s rate cuts have already squeezed banks, reducing profit margins and forcing them to cut costs. With physical branches costing millions to operate, banks are ditching them in favor of digital platforms. But this isn’t just about saving money—it’s about survival.

The upcoming Basel III compliance deadline on October 1st is tightening the noose around U.S. banks. With Treasury bonds no longer accepted as collateral under these new regulations, banks are scrambling to restructure their assets. The result? More branch closures, more cost-cutting, and a desperate race to stay afloat.

But that’s not all. The threat of a government shutdown by October 1st looms large, and if Congress doesn’t act fast, the consequences will be catastrophic for the banking sector. A shutdown would cripple federal spending, plunge consumer confidence, and drive banks even further toward a digital-first future.

Between August 19th and September 7th, some of the country’s largest banks shut down 55 branches across multiple states. Bank of America and Chase led the way with 12 closures each, followed by Wells Fargo and Fulton. The wave of closures didn’t stop there—smaller banks like First National Bank of Long Island, Flagstar, and PNC also joined in, signaling a nationwide trend.

The message is clear: traditional banking is on life support. As consumers increasingly embrace online banking, the need for brick-and-mortar locations is fading fast. A recent survey showed that 70% of Americans aged 25 to 34 now prefer digital banking over in-person services. Even older generations are catching up, moving online at a rate no one saw coming.

For the average person, this shift could mean lower fees, better interest rates, and 24/7 access to accounts. But for those who rely on local bank branches, the future is uncertain. Communities that depend on these branches may soon find themselves without critical services as banks continue to consolidate and shut down physical locations.

The numbers don’t lie: U.S. banks closed 539 branches in just the first half of 2023. And with the financial landscape shifting so rapidly, we’re only seeing the beginning of what could be the final phase of brick-and-mortar banking.

Are you ready for what’s coming? This is more than just a financial story—it’s a sign of bigger changes ahead. With regulations tightening, shutdown risks, and the deepstate working behind the scenes, we’re heading into uncharted waters. Stay informed, ask the tough questions, and be prepared for a new era of banking. The old system is falling, and we’re witnessing it in real time.

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Sat. 21 Sept. 2024 BREAKING: GET YOUR POPCORN! THE FINANCIAL MELTDOWN YOU’VE BEEN WAITING FOR! THE ELITES ARE FALLING! …Ben Fulford on Telegram

THIS IS THE FALL OF THE CabaL! Bank Crashes: The Inevitable Consequence of Greed

Banks don’t just collapse out of nowhere. If you think the recent bank failures are due to mere mismanagement or bad luck, it’s time to wake up. This is a calculated takedown. The banking sector is in free fall. We’re talking about giants like Silicon Valley Bank, Credit Suisse, and First Republic-once symbols of financial security-now gone, reduced to mere footnotes in history.

But that’s only scratching the surface. This isn’t about a handful of banks struggling under pressure; it’s the entire global financial system, built on corruption and greed, imploding. The ongoing bank collapses are not random; they’re justice catching up to those who thought they were invincible. They’ve been running on borrowed time, hemorrhaging money while pretending everything was fine. Well, it’s not fine anymore. Their fragile system is crumbling, and there’s no bailout big enough to save them this time.

And here’s the kicker-they’re being sanctioned into oblivion. The executive orders we’re about to dissect aren’t just targeting a few bad actors; they’re dismantling the entire corrupt framework.

Read full post here:  https://dinarchronicles.com/2024/09/22/restored-republic-via-a-gcr-update-as-of-september-22-2024/

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

Mnt Goat   Article Quote:  “Iraqi banks have the qualifications to switch to the electronic system, noting that “the transformation of the financial sector to the electronic system with credit cards will pave the way for attracting international investments and increasing confidence in the Iraqi economy.” I have to say it is all just about implementing the Electronic Payment and Inclusion of the banks into this new process...the CBI and the Finance Committee...are committed now to complete this effort, and I believe they are way beyond our expectations of just where they currently stand in this effort...In short summary, is this not what we all want to happen so they can pull the trigger on this revaluation and reinstatement.

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Alaq on TV now.  He says even with the low oil prices we are stable and inflation in our county is low because we have strong reserves and we have non-oil revenues efficient enough now to also contribute...Then he talked again that the oil price drops have nothing to do with a high exchange rate...  FRANK:  ...He's trying to reassure you that the American dollar is not coming back in any shape or form into your country...Your currency is the future and its new exchange rate has been a success.  That's why you're about to explode with your economic reforms...

Removing three zeros from Iraqi currency soon

Nader:  9-22-2024

https://www.youtube.com/watch?v=ehWQH-LWaWc

IQD Rate Up on 9/21/24- Iraqi PM Talks Positive Economic Changes New Trade Hub

Edu Matrix:  9-22-2024

IQD Rate Up on 9/21/24- Iraqi PM Talks Positive Economic Changes New Trade Hub - Largest Port in the Middle East. Pager Security in Iraq.

https://www.youtube.com/watch?v=9njjJU0bkS0

Seeds of Wisdom RV and Economic Updates Saturday Afternoon 9-21-24

Good Afternoon Dinar Recaps,

US PAYING $1,157,762,000,000 IN INTEREST ON NATIONAL DEBT IN ONE YEAR, SAYS TREASURY DEPARTMENT, AS ELON MUSK WARNS GOVERNMENT ‘WHISTLING PAST THE GRAVEYARD’

The US Treasury Department says it expects to pay a whopping $1.157762 trillion in interest on the national debt for the fiscal year 2024.

The interest represents the cost of borrowing money, which the government does by issuing Treasury bonds, bills and other securities.

Interest payments have already totaled $1.05 trillion as of August, and the remaining payments will be added in by the end of the month as the fiscal year comes to a close.

The Treasury Department says interest on the debt is expected to be the country’s third-largest expense this fiscal year just behind the Department of Health and Human Services (Medicare and Medicaid) and Social Security Administration at $1.727 trillion and $1.520 trillion, respectively.

The updated numbers come as billionaire Elon Musk issues a warning on the growing deficit and debt, which has now reached $35.3276 trillion.

In a panel interview at the All-In Summit 2024, Musk said he believes the government is projecting confidence while in a dire situation.

“Everyone seems to be sort of whistling past the graveyard on this one… The Defense Department budget is a very big budget. It’s a trillion dollars a year – DoD (Department of Defense), intel – it’s a trillion dollars. And interest payments on the national debt just exceeded the Defense Department budget. They’re over a trillion dollars a year just in interest and rising.  

We’re adding a trillion dollars to our debt, which our kids and grandkids are going to have to pay somehow, every three months. Soon it’s going to be every two months and then every month.

And then the only thing that we’ll be able to pay is interest.”

The national debt jumped by about $1.337 trillion from January 1st until now.

This means the debt has actually increased by around $445.67 billion every three months on average.

@ Newshounds News™

Source:  DailyHodl

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SEC GREENLIGHTS OPTIONS TRADING FOR BLACKROCK’S ISHARES BITCOIN TRUST

The U.S. Securities and Exchange Commission granted approval for Nasdaq to list and trade options on BlackRock’s iShares Bitcoin Trust.

Per the details shared in the official filing on Sept. 20, the SEC’s approval comes after a lengthy review process that started on Jan. 9, 2024. That was when Nasdaq initially filed the proposal to trade options on exchange-traded products.

Nasdaq consistently followed up on its proposal with multiple amendments, which began on Jan 11. Over the following months, the exchange submitted additional amendments and information regarding IBIT and other Bitcoin-based ETPs.

SEC’s approval involved multiple stages of review
After almost eight months of review, the SEC finally gave the greenlight for Nasdaq’s proposal. The commission stated that the exchange even proposed to modify its rules to list and trade options on IBIT.

According to the official filing, options on IBIT will be physically settled with American-style exercise. Nasdaq also highlighted that IBIT options will be under the exchange’s continued listing standards.

“Options on IBIT will be subject to the Exchange rules that currently apply to the listing and trading of all ETF options on the Exchange,” the filing reads.

Crypto analysts say decision is bullish
Reacting to the SEC’s decision, several key crypto traders and analysts took to X to share their opinion. Crypto trader Ash Crypto tweeted that this is ultra bullish.

Senior ETF analyst Eric Balchunas also shared details of the approval on X. Balchunas tweeted his assumption that others will be approved in short order.

Balchunas also pinpointed this as a huge win for the Bitcoin ETFs, stating that this will attract more liquidity. However, he highlighted the fact that this is “just one stage of approval.”

The proposal still needs approval from the OCC and CFTC before the official listing.

“I’m assuming others will be approved in short order,” Balchunas added, calling it a “huge win” for Bitcoin ETFs “as it will attract more liquidity which will in turn attract more big fish.”

@ Newshounds News™

Source:  Crypto News

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TRUMP DEBUTS EXCLUSIVE SILVER COIN—DESIGNED BY TRUMP, MINTED IN AMERICA

Trump's new silver coin is not an investment tool.

Key Takeaways

▪️The Trump commemorative coin is designed by Donald Trump and is not intended for investment purposes.

▪️The coin features high-quality silver with a proof finish and comes with a certificate of authenticity.

Former US President Donald Trump has announced the launch of his first officially authorized commemorative silver coin, named “TRUMP COINS.” Priced at $100, the coin is designed by Trump himself and is minted in the US.

The item features 99.9% purity and a proof finish, marking it as the highest standard in collectible medals. It showcases a portrait of Trump on the front and the White House on the reverse. Each piece is encased in a premium custom felt pouch and includes a certificate of authenticity.

“This is a 1oz .999% silver medallion and struck with a proof finish featuring our 45th President’s profile on the obverse and the White House on the reverse,” as described on the initiative’s official website.  RealTrumpCoins . com

The coin will be available for purchase starting September 25 and is not intended as a legal tender or an investment tool.

“The coins are intended as collectible items for individual enjoyment only, and not for investment purposes. The coins are not political and have nothing to do with any political campaign,” as noted in the descriptions.

Enthusiasts can join the waitlist to purchase this exclusive item at the project’s official website.

@ Newshounds News™

Source:   Crypto Briefing

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RIPPLE NEWS: CEO BRAD GARLINGHOUSE ISSUES GRAVE WARNING TO XRP USERS AMID GROWING SCAMS

India’s Supreme Court YouTube channel was hacked on Friday, causing a disruption in its usual livestream of court hearings. Instead of showing the constitutional bench proceedings, the channel showed videos promoting XRP, a cryptocurrency developed by Ripple Labs.

One specific video was titled “Brad Garlinghouse Ripple Responds to SEC’s $2 Billion Fine,” but it only featured a blank screen. This comes as the FBI recently reported that Americans lost approximately $5.6 billion to cryptocurrency scams in 2023.

Ripple CEO Brad Garlinghouse immediately took to his X handle and reacted to the news. The CEO expressed disappointment and wrote, Unfort this feels like my annual PSA (and yes, I sound like a broken record): @Ripple and execs will NEVER ask you to send us XRP.

 It’s pathetic to see scammers prey on & exploit innocent crypto users, and the ease at which social media platforms allow it to happen. Stop, spot, avoid – protect yourself.”

Ripple took legal measures to address the increasing number of scams. In April 2020, Ripple filed a lawsuit against YouTube, claiming the platform did not do enough to stop fraudulent cryptocurrency promotions.  The case was settled in 2021, but Garlinghouse has remained an advocate for stronger safeguards on social media platforms.

This incident marks the first time the court’s YouTube channel, active since 2018 for broadcasting key hearings, has been compromised. The channel has played a crucial role in live-streaming important cases.

Following the breach, the Supreme Court administration has launched a formal investigation. As a precaution, the YouTube channel was disabled to prevent further unauthorized access and the potential spread of misinformation.

@ Newshounds News™

Source:  Coinpedia

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⚡️BREAKING NEWS:BILLION DOLLAR BANK BNY SET TO CUSTODY BITCOIN (BTC) THE FIRST BANK IN U.S. HISTORY  |  Youtube

@ Newshounds News™

Source: Seeds of Wisdom Team Currency Facts  

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Some “BRICS News” Saturday 9-21-2024

BRICS Intra-bank System Shocked the World Bank: Is It the End of Dollar?

Fastepo:  9-20-2024

In recent weeks, BRICS has made considerable strides, underlining its expanding influence on the global stage in both financial systems and its growing membership.

This video delves into the latest key developments within the BRICS bloc, from the launch of a new intra-bank settlement system to streamline cross-border transactions, to the surge in trade volumes among member nations.

We also discuss the growing number of countries applying for membership, reflecting BRICS' rising appeal as a counterbalance to Western-led economic institutions.

One of the significant updates involves the formal integration of Algeria into the BRICS New Development Bank (NDB). Algeria's membership reflects BRICS' ongoing effort to strengthen its financial institutions and provide alternatives to Western-dominated bodies like the IMF and World Bank.

 This move also aligns with BRICS' broader aim of diversifying economic partnerships and reducing dependency on the U.S. dollar.

 Another major news about BRICS is the Launch of Intrabank system.

Russia and Iran have significantly deepened their economic ties by linking their national payment systems—Russia's SPFS (System for Transfer of Financial Messages) and Iran's SEPAM (System for Electronic Payment Messaging).

 This integration allows the two nations to conduct financial transactions in their own currencies, the ruble and rial, bypassing the U.S. dollar and the SWIFT network. This shift is part of a broader effort to enhance economic sovereignty and circumvent Western sanctions, which have heavily restricted both countries' access to international financial systems.

https://www.youtube.com/watch?v=Q3Mguzk55hU

BRICS Confirms 159 Participants Will Adopt New Payment System

Afro Page:  9-21-2024

Breaking news: BRICS has officially confirmed that 159 countries will be adopting a new global payment system, revolutionizing international finance! In this video, we dive into how this new system aims to reduce reliance on traditional currencies like the US dollar, strengthen economic ties among BRICS nations, and reshape the global economy.

 Learn what this means for international trade, the financial market, and how it could impact the future of global transactions.

https://www.youtube.com/watch?v=ngJsa7FUpME

Al-Alaq: We are constantly reviewing the deletion of zeros from the dinar, and there are no restrictions on our balances in America

KTFA

Clare:  Al-Alaq: We are constantly reviewing the deletion of zeros from the dinar, and there are no restrictions on our balances in America

9/21/2024Baghdad

 The Central Bank of Iraq has reduced reliance on the US dollar in commercial transactions, according to the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, adding that the project to remove zeros in Iraq is under continuous review and study at the bank.

Countries remove zeros from their currency to revalue their national currency and simplify financial transactions. This is done by removing a specific number of zeros from the nominal value of the currency, making it appear less inflationary and more stable.

Al-Alaq confirmed, in an extensive interview with Al Jazeera Net, which was reviewed by "Al-Eqtisad News", that the Central Bank responded to global economic challenges, such as rising energy and raw material prices, by amending some monetary policies in line with the international situation and to enhance confidence in the Iraqi dinar and prevent a sharp decline in its value.

He also stressed that the Central Bank of Iraq increased its holdings of foreign exchange and gold reserves to strengthen the country's financial position and financial stability in order to enhance its ability to confront potential economic crises. These are the details of the dialogue:

What steps have you taken to address the crisis of the dollar’s ​​rise against the Iraqi dinar and reduce the gap between the official price and the black market price?

The Central Bank of Iraq has created new mechanisms to cover the accounts of local banks with their senders in other currencies (Chinese yuan, Indian rupee, euro and UAE dirham) in addition to the dollar, which has reduced reliance on the US currency in commercial transactions for the clients of these banks, as the Central Bank seeks to withdraw excess liquidity in the economy that puts pressure on the exchange rate and to prevent the exported currency from growing in an undesirable manner.

What is the status of the country's foreign reserves?

Foreign exchange reserves are the tool used by all central banks to maintain the stability of the local currency exchange rate against foreign currencies, as well as to reduce exposure to external crises by maintaining liquidity in foreign currency to absorb shocks in times of crisis.

The Central Bank of Iraq has a level of reserves that enables it to achieve this stability and provides it with sufficient flexibility to meet the demand for foreign currencies to meet the requirements of the balance of payments and other obligations.

According to the latest data on the level of foreign reserves adequacy, the foreign reserves of the Central Bank of Iraq cover 83.62% of the broad money supply, i.e. covering the cost of importing 15 months, while the global standard rate is 20%, covering 6 months of importing.

However, foreign reserves management faces global and local challenges according to the economic nature of each country and the economic and geopolitical conditions it is going through.

What are the most prominent contributions of the Central Bank of Iraq in supporting the Iraqi economy?

The Central Bank responded to global economic challenges, such as rising energy and raw material prices, by adjusting some monetary policies in line with the international situation and to enhance confidence in the Iraqi dinar and prevent a sharp decline in its value. The Central Bank raised interest rates to counter inflationary pressures resulting from changes in global prices and domestic demand, and issued new instructions to Iraqi banks to control cash liquidity.

The Central Bank of Iraq has increased its holdings of foreign exchange reserves and gold to strengthen the country's financial position and financial stability.

The bank also launched programs and initiatives aimed at increasing financial inclusion, including enhancing the spread of digital banks and online financial services, in addition to the Central Bank of Iraq’s contribution to sustainable development.
It also played an important role in financing economic and development projects by providing soft loans and special financing programs aimed at supporting productive sectors while continuing to finance small and medium enterprises.

Has the banking sector in Iraq been affected by US sanctions imposed on some banks?

The sanctions imposed on banks are related to the decision to ban dealing in dollars, as the banks were not included in the sanctions list issued by the Office of Foreign Assets Control, and therefore the banks’ activities continue, according to the applicable procedures and in all currencies except the dollar.

As for the situation of the Iraqi banking sector, it is experiencing a state of stability, as government banks still control approximately 79% of the total assets of the banking sector, compared to 21% for private banks.

Are there any restrictions on the bank's use of its funds in the United States?

There are no restrictions on our US accounts, taking into account the application of international standards to combat money laundering and terrorist financing in foreign transfers.

What are the reasons for the low rate of bank card usage in Iraq compared to neighboring countries? What are your steps to overcome this situation?

There are major reasons behind the low use of bank cards in Iraq, most notably the preference of many Iraqis to use cash in their daily transactions due to prevailing customs and traditions, in addition to the limited spread of banking services, as a large percentage of the population, especially in rural areas, remains unconnected to banks.

Finally, lack of financial awareness plays a major role in the reluctance to use bank cards.

To address these challenges, we are working to improve and expand our digital infrastructure. In this context, the Central Bank of Iraq has initiated the establishment of a national electronic payment company to encourage the banking and non-banking sectors and public institutions to develop this infrastructure.

The Central Bank, in cooperation with public and private institutions, is organizing awareness campaigns aimed at increasing public knowledge of the benefits of using bank cards and electronic payment methods to enhance confidence in the banking system.

The number of bank cards in 2023 will rise to 19.75 million cards and the number of bank accounts will rise to 13.3 million accounts.

The bank focuses on improving security and increasing transparency, and has created a platform to manage public complaints related to the financial sector, which helps in developing strategies to address any issues facing financial institutions.

It works to encourage financial innovation by supporting the development of services such as electronic wallets, banking applications, and opening digital banks. It is also currently working to launch a national financial inclusion strategy that includes solutions to most of these challenges, in addition to financial awareness programs targeting various segments of Iraqi society.

All of this resulted in both the number of bank cards in 2023 rising to 19.75 million cards and the number of bank accounts rising to 13.3 million accounts.

Where has the digital banking project come from?

The Central Bank of Iraq issued licensing controls for digital banks in Iraq during May of this year, and is in the process of studying the applications submitted in light of the requirements for digital banks, taking into account the risks and limitations related to digital banks, especially with regard to cybersecurity risks.

The main objective of licensing digital banks is to keep pace with developments in the banking environment, as well as to provide diversity in the provision of banking services in light of technological progress that contributes to enhancing financial inclusion by facilitating customers’ access to banking services.

In light of the International Monetary Fund's statement that internal imbalances in Iraq have worsened due to the large financial expansion and the decline in oil... How do you view its demands to correct the financial situation?

Naturally, the country’s dependence on rentier resources leads to bearing the costs of external shocks that are beyond its control, such as negative oil price shocks, and because the country needs more spending than any stable country due to the conditions it has gone through during decades of wars and destruction, which requires increasing spending on infrastructure, which is the basic pillar of the shift towards economic diversification.

All of this has led to pressure on the capabilities of public finance, especially the revenue side, and thus resorting to borrowing. Therefore, we agree with the International Monetary Fund regarding reforming the public finance situation, and the positive effects this has on supporting the independence of monetary policy in achieving its primary goal, which is the stability of the general price level through controlling liquidity levels.

We agree with the International Monetary Fund regarding the reform of public finances, and the positive effects this has on supporting the independence of monetary policy.

Will removing zeros from the dinar destabilize the financial situation in Iraq?

The process of removing zeros from a currency means replacing the old currency with a new one in order to simplify the accounting process between consumers. It is often resorted to by countries that suffer from high inflation and have become unable to deal with paper currencies of very low value.

Many believe that the process of deleting zeros is an economic and monetary reform process and is resorted to in cases of high inflation and currency collapse, which reduces the feeling of economic collapse (a monetary illusion process). However, if this process is not supported by real economic factors and accompanied by radical reforms, it becomes negative.

The project to remove zeros in Iraq is under continuous review and study at the Central Bank of Iraq, taking into consideration the existence of a volume of issued currency that exceeded 100 trillion dinars after it was 6 trillion in 2004, the year following the exchange of the currency that was undesirable and of poor quality.

In addition to a wide cash supply approaching 179 trillion dinars, which requires specialized cadres, especially in the bookkeeping process, which government banks are still suffering from due to the circumstances the country has gone through.

How will Iraq's repayment of all its debts to the International Monetary Fund affect the country's economic situation as a whole?

Iraq’s repayment of all its debts to the International Monetary Fund, accumulated over the years as a result of the Fund’s loan programs to address the economic challenges that Iraq faced in previous years, could have a positive impact in the long term by enhancing credit and improving financial sustainability, in addition to its repercussions on the country’s economic situation through:

Improve Iraq's economic confidence and credit rating and obtain financing on better terms in the future.

Enhancing the confidence of foreign and local investors in the Iraqi government’s ability to meet its financial obligations.

Achieving greater independence for Iraqi economic sovereignty, making the country less vulnerable to external pressures and interference in its economic policies.

Alleviating financial pressures and reducing financial burdens, which reduces pressure on the general budget.

Directing financial resources towards infrastructure and economic development projects and improving the ability to finance development projects.

Reducing pressure on foreign reserves, which has a positive impact on the stability of the currency and the country’s ability to cover its imports and maintain financial and economic stability.

Where have the Central Bank of Iraq's procedures for localizing salaries of employees in the Kurdistan Region of Iraq reached?

We would like to point out that this bank has taken the necessary measures to complete the process of localizing salaries of employees of the Kurdistan Region of Iraq in terms of providing the Federal Court with a list of banks licensed by this bank and operating in the region, and providing the infrastructure and electronic payment systems that support the processes of localizing salaries in the region, which clarifies the controls for opening a bank account and adopting an electronic signature for the same purpose.  LINK

Iraq News Highlights and Points To Ponder Saturday Afternoon 9-21-24

Government Confirms Its Adoption Of A "Constructive Economic Policy"

Time: 2024/09/20 Read: 1,820 times    {Politics: Al Furat News} Prime Minister Mohammed Shia Al-Sudani met today, Friday, with the head of the Victory Coalition, Haider Al-Abadi, where the meeting witnessed discussions on a number of issues and files related to the work of the legislative and executive authorities.  The two sides reviewed "ways to enhance cooperation and accelerate the basic requirements for implementing the government program in various fields."

During the meeting, Al-Sudani stressed that the government is adopting a constructive economic policy, improving the level of services that citizens receive from state agencies, alleviating their suffering, and completing the infrastructure that will provide an additional boost to development projects at various levels.   LINK

Oil And Gas Parliamentary: There Is A Major Failure In The Work Of The Internal Control Department At The Ministry Of Oil

Politics, Security and Economy   September 20, 2024  The Parliamentary Oil and Gas Committee identified a major failure and a number of observations regarding the work of the Director of the Internal Control Department at the Ministry of Oil.

The committee’s spokesman, Ali Shaddad, told Al-Mirbad that his committee hosted the director of the Internal Control Department at the Ministry of Oil, and after directing a number of questions to him, it became clear that there were many delays in the work of the department, and it had become one of the departments that repelled cadres specialized in internal control, despite the fact that they were cadres who had undergone important training and were linked to financial control.

However, there were 35 employees who left the Internal Control Department during the current director’s tenure, and it is not easy to dispense with them.

Shaddad added that a number of questions were put to the director regarding suspicions of corruption in some contracts that were flagged by the Federal Financial Supervision Bureau, in addition to the failure of the Director of Special Supervision to adhere to the directives of the Minister of Oil, so the work in the department began to decline despite the importance of its work.

Pointing out that the Parliamentary Oil Committee decided that this hosting would be open until the next session, which will be determined later by the Oil and Gas Committee. https://www.al-mirbad.com/detail/167165#hathalyoum

It Is Due To Iran And Russia.. Iraq And Saudi Arabia Have Fallen From The Top Oil Exporters To China

2024-09-21 03:34  Shafaq News/ The "Iraq Al-Mustaqbal" Foundation for Economic Studies and Consultations attributed, on Saturday, the reason for the decline of both Iraq and Saudi Arabia from the ranks of the largest oil exporters to China to the incentives provided by the Russians and Iranians to increase the purchase of their raw materials.

The institution stated in a report published today that Russia acquired 22% of China's oil imports in August 2024, at prices less than 6% of the average purchase prices.

He added that the Iranians, through Malaysia, acquired 17% of China's oil imports and less than 10% of the average price, which pushed both Iraq and Saudi Arabia to fall from the position of the largest exporters of crude oil to China, which is the largest market.

According to the institution's report, during last July, the average price of Russian oil was less than 4% of the average price, while the average price of Iranian oil was less than 7.5%, meaning that both parties increased their incentives to China to continue China's dependence on the oil of the two countries, even if at prices lower than the offered rates.

The institution attached to its report a detailed table on oil sales to countries that deal with China, as listed below:  LINK

Escalating Demands To Expose Corruption In Iraqi Ports: A Threat To The National Economy

Posted On 2024-09-21 By Sotaliraq  The Iraqi arena is witnessing increasing demands to uncover corruption files in Iraqi ports, as these ports are among the most important vital facilities for the Iraqi economy.

Suspicions have increased about financial and administrative irregularities in import and export operations, which have negatively affected government revenues.

Political and parliamentary parties are demanding transparent investigations to uncover those involved and hold them accountable, considering that corruption in these institutions contributes to the deterioration of the economic situation and hinders development and reform plans.

This comes at a time when Iraq is seeking to strengthen financial oversight and achieve transparency in government institutions.

Independent MP Yasser Al-Hussaini says, “The most dangerous corruption file in the Iraqi government is the file of the General Company for Iraqi Ports, where there is a waste of money and a lack of engagement with the voices calling for stopping this corruption.”

He added, "The government has ignored the ports corruption file, although the ministerial program stipulates combating corruption, as there are corruption files that will not be investigated even with the end of the current government's term, especially in the General Ports Company."

Al-Hussaini calls on the government to “pay attention to the voices calling for withdrawing the current management of the aforementioned company, and to open a fair judicial investigation to look into the number of identified violations.”

For his part, the head of the Parliamentary Security and Defense Committee, Karim Aliwi Al-Muhammadawi, revealed suspicions of corruption in the manipulation of types of cars and customs clearance at ports and border crossings.

Al-Muhammadawi says, “There is a lack of oversight operations and a lack of coordination between the security and oversight agencies within the Iraqi ports and border crossings, as the competent oversight agencies are required to play their role in reducing suspicions of corruption and preserving public money.”

In this context, MP Alaa Al-Haidari, a member of the Iraqi Ports Corruption Investigation Committee, said: “We were surprised to find a shipment of about 20,000 tons of yellow corn that was rotten and spoiled inside a ship coming from Australia. There were approvals from some government agencies to unload this shipment, so we were surprised to find about 6,000 tons of yellow corn unloaded in the warehouses of a Turkish factory used to receive cooking oil in the port of Umm Qasr.”

He added: “We found that the contract included that the yellow corn coming from Australia was used for oil, and after it was spoiled, its quality was changed to animal feed because it was exposed to rot. After examining this material, it became clear that it was not suitable for animal feed, nor was it suitable as cooking oil.”

He explained: “The opinion of the Parliamentary Order 160 Committee to investigate port corruption was to reserve and inform the Director of the Southern Ports and the Customs Administration not to unload the remaining shipment from these warehouses,

but the information received indicates that approximately 14 thousand tons of this damaged shipment were unloaded from these warehouses,” stressing that “every party that gave approval to unload this shipment will bear responsibility for negligence, and an investigation will be opened into this dangerous file.”

It is noteworthy that the Ministry of Finance and the Customs Authority are seriously seeking to make new progress in implementing the “ASYCUDA” system in the Grand Welcome Square at Basra Ports in rapid procedures to generalize information technology and limit commercial transactions electronically as is happening in more than 80 countries around the world.

At the beginning of 2024, the Iraqi General Customs Authority announced that its revenues during the past year amounted to one trillion, 33 billion, 765 million, 697 thousand, 521 Iraqi dinars, an increase of 28 percent, compared to 2022, expressing its hope to maximize its revenues during 2024 after completing the implementation of electronic systems in all customs centers.  LINK

Do These 3 Things If You Receive an Inheritance

Suze Orman Says You Must Do These 3 Things If You Receive an Inheritance

Cindy Lamothe   Sat, September 21, 2024   GOBankingRates

Receiving a financial windfall like an inheritance can be an emotional time — one that might stop you from seeing the bigger picture. As financial advisor Suze Orman said in a recent episode of her podcast, “I think it’s really important that we think about how we invest money today to make the most out of the situation that we have?”

In her episode, Orman outlines the next steps to take if you’re receiving an inheritance for the first time and need help figuring out what to do with the money. Here are her recommendations below for the top three things to do.

1. Take an Inventory of Your Debt

As tempting as it may be to immediately make a big purchase like going on a trip or buying a big-ticket item you’ve been putting off — it’s crucial to take a deep look into your finances. Orman recommends writing down everything that you have, starting with debt. Write down things like credit card debt, student loans, car loans, as well as personal and mortgage debt. Once you’ve categorized all of these, write down the average interest rate you are paying. This will allow you to create a plan for paying these off. If it’s a large inheritance, Orman suggests seriously considering getting rid of all debt in one swing.

2. Build Up Your Emergency Savings

Once you’ve reviewed and analyzed your debt situation, Orman says having a solid emergency savings account for true emergencies is vital. These are especially important if your car breaks down or your fridge goes wonky and you must shell out $400. She says you want to rely on something other than a credit card for these kinds of scenarios. For that reason, she recommends having a minimum of $1,000 to $2,000 in that account.

TO READ MORE:  https://www.yahoo.com/finance/news/suze-orman-3-things-must-140019981.html

Is Next Phase of Global Monetary Reset Coming in October? What It Means for US Dollar

Is Next Phase of Global Monetary Reset Coming in October? What It Means for US Dollar

Kitco News: 9-21-2024

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Jon Forrest Little, Founder and Director of Content at Silver Academy, who breaks down the history of global reserve currency cycles. Little weighs in on the accelerating de-dollarization trend and warns that the next phase of the global monetary reset is fast approaching.

 He explains what to expect at the BRICS Plus annual summit taking place in Kazan, Russia, on October 22-24. Little also shares his insights on the gold-backed currency, known as the Unit, which the BRICS is reportedly said to announce at the summit.

He also explains the role of Project mBridge – the multi-CBDC global payment platform.

Little explores the likely U.S. pushback to the de-dollarization trend, the future of global reserve currencies, and the role gold plays.

Coming Up

00:56 Introduction: BRICS Plus Update

04:33 Historical Cycles: Currency Resets

09:27 The US Dollar's Dominance and Challenges

17:35 Central Banks' Gold Rush

22:22 BRICS' Gold-Backed Unit Currency

35:33 Project MBridge and BRICS Currency

37:43 Gold’s Role

41:03 Saudi Arabia and Why Its Role Is Important

 44:35 US Pushback Against De-dollarization

 50:44 Potential Gold Standard Revival

59:14 Future of Global Reserve Currencies

01:02:11 Gold Price Forecast

https://www.youtube.com/watch?v=V3LvWVzW7Ck

“Tidbits From TNT” Saturday 9-21-2024

TNT:

Tishwash:  In the past 20 days, Iraq lost enough money to build a new power station or a luxury residential complex

About 20 days have passed since the start of the decline in oil prices, which has sparked fears about the size of the loss that Iraq, which is heavily dependent on oil, will incur , and the possibility of its impact on salaries.

 While assurances were issued that salaries would not be affected by this level of the current decline in oil prices, as salaries could be provided even if the price of oil reached $60 per barrel,IraqIt actually suffered a huge loss during September for two reasons compared to previous months.

And I did Alsumaria NewsReview of short and long term average prices for the past period and calculations to see how much you lost.Iraq Over the past few days.

It turned out that the prices of Iraqi oil during the fifth months until the end of the seventh were ranging at an average of between $88 and $79 per barrel as a minimum, which means that on average the price of a barrel of Iraqi oil can be considered to be $84 per barrel as a minimum, but in August the average price of a barrel became $75 per barrel.

Since the beginning of September until now, the average price of a barrel of Iraqi oil can be calculated at $70, which means that it has lost an average of $14 per barrel compared to the average price during the past months.

Accordingly, while issuingIraq3.3 million barrels in September according to the OPEC agreement, which means thatIraqHe lost about $925 million in the last 20 days alone.

At the same time, he wasIraqIssuedmoreFrom 3.4 million barrels in August and July, but in September its exports decreased to 3.3 million barrels, which is another matter that caused a loss for Iraq, in response to compensating for the surplus production.Iraq During the past months according to the OPEC agreement.

And by calculating the export loss of 100 thousand barrels per day, the loss will be Iraq Over the past 20 days, it has amounted to $140 million, in addition to the loss of $925 million from the decline in oil prices. This means that Iraq lost in 20 days more One billion dollars.

That's enough .The number billion dollar constructionPower station with capacity moreFrom 1500 MW, or construction Luxury residential complex as one of the projects Residential in Baghdad With a capacity of more than 60 thousand housing units with large tourist facilities.  link

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

Tishwash:  Government advisor expects oil prices to rise to $90 by the end of the year

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, expects oil prices to rise for the rest of this year 2024.

 Saleh told Al Furat News Agency that "the decisions to reduce OPEC+ countries' production quotas by 2.2 million barrels of crude oil per day are among the main factors in the current positive impact that has gradually led to an improvement in oil prices in the world after the wave of decline witnessed in the past weeks, which coincided with the wave of severe decline faced by global financial markets, in addition to the widespread concerns about global economic growth in general and the Chinese economy in particular."

He added, "Despite this, OPEC and OPEC+ in particular are still cautious in managing supply, as previous expectations of increased oil production on the one hand and the varying expectations regarding the growth of global demand for oil on the other hand have kept prices somewhat volatile."

“Currently, oil prices, especially Brent oil, are fluctuating today at around $74-75 per barrel for futures contracts, taking into account the importance of seasonal and market effects that have begun to maintain significant increases, although they are currently moderate, as the approach of winter can usually lead to a slight increase in global oil prices. This is due to the increase in demand for heating fuels such as natural gas and other heating fuels, especially in colder regions such as Europe and North America,” Saleh continued.

“As temperatures drop, households and industries demand more energy to keep warm, increasing consumption of oil-based products. Thus, as the Russian-Ukrainian war continues and winter sets in, energy markets are rightly expecting a rise in demand for energy (oil and gas in particular) and the possibility of upward price adjustments in the contractual months leading up to winter,” he noted.

“Starting from September 2024, as we mentioned earlier, the total production cuts implemented by OPEC+ countries will amount to about 2.2 million barrels per day. These cuts are part of a broader effort to stabilize global oil prices amid fluctuations in demand and market conditions, with Saudi Arabia contributing a significant cut of 1 million barrels per day, while other countries, notably Iraq, the United Arab Emirates, Kuwait, Algeria, Kazakhstan and Oman, also implemented cuts ranging from 42,000 to 223,000 barrels per day, while Russia reduced its oil exports by 500,000 barrels per day, of crude oil and refined products,” the government advisor said.

“Based on the above, oil prices are expected to remain high for the rest of 2024, with many global oil forecasts indicating that the average price of Brent crude could range around $85 to $90 per barrel by the end of this year. Higher price levels will reflect the impact of supply cuts, which will help tighten global oil markets and eliminate any oil glut, even as demand remains somewhat weak due to the economic slowdown in some aspects of global growth, especially growth problems in the Chinese economy,” Saleh said.  link

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

Tishwash:  Al-Sudani heads to New York to participate in UN General Assembly meetings

 Prime Minister Mohammed Shia Al-Sudani will head to New York tomorrow, Saturday, to participate in the meetings of the 79th session of the United Nations General Assembly .

Al-Sudani's media office said in a statement received by "Baghdad Today" that the latter "will leave tomorrow, Saturday, heading to New York, at the head of the official delegation participating in the meetings of the United Nations General Assembly in its seventy-ninth session ."

He added, "He will deliver Iraq's speech before the General Assembly, and he will also deliver a speech at the Future Summit, in which many heads of state and presidents will participate, and which is concerned with enhancing cooperation, facing challenges, and affirming commitments ."

He added, "Al-Sudani will hold a series of meetings and dialogues with a number of leaders and presidents of sisterly and friendly countries, and heads of participating delegations, in addition to meeting with the Secretary-General of the United Nations, and a number of officials of international and UN organizations and bodies link

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

Tishwash: Series of explosions on the approaches to Ain al-Assad base, west of Anbar

Security sources revealed, today, Friday (September 20, 2024), that a series of explosions were heard on the approaches to Ain al-Assad base, west of Anbar.

A security source told Baghdad Today, "More than one explosion was heard on the approaches to Ain al-Assad base, west of Anbar, with American helicopters currently flying over the base."

He added, "The helicopters flew as part of the reconnaissance and security measures, and a state of alert was monitored on the towers surrounding the base, and security measures were strengthened."

In addition, another security source revealed to Baghdad Today that "the sounds of explosions heard near Ain al-Assad Air Base are due to training conducted by coalition forces at the base," noting that "the Ceram system was also used in these training."  link

Mot ... can ya sing um 

Mot:  Hurry!!! -- Hurry!! -- Summers Almost over... ooh Wheres Waldo???

Weekend Chat With MarkZ 9-21-2024

Weekend Chat With MarkZ

MarkZ  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

WE SPEND THE FIRST 45 MINUTES WITH CBD MATT AND LUCAS AND MARK WILL GIVE HIS NEWS UPDATE!

Member: Good Morning and welcome to the weekend

MZ: Since its quiet on the RV front I want to answer questions and talk about the Zim today

MZ: I do know a few redemption center folks on standby today…. There is a lot of chatter that come Monday morning we will wake up and see it(RV) ….I don’t know- but the chatter is deafening.

MZ: I have not yet seen a couple key people move to the western location in the US yet though. They have not been called there yet. Is it going to be a last minute thing???

MZ: The chatter is good and the news out of Iraq is steller. Lots of meeting going on between now and the 25th.

MZ: I very much believe that the month of September is still very much in play.

Member: The PTB need to hurry up then…..9 days left

Member: I have heard that they want RV to start by September 30 as that is the end of the fiscal year

Member: I’m on the layover in Reno. I think I’m going to go on a “ whale hunt “ i’ve got questions I need answered BTW can you give me a description of what they look like lol

MZ: Lets talk about the Zim first. Lots of people still wondering will it pay? Will it not pay? What are expectations and my understanding of it?

MZ: Know that the ZIG- the gold back Zimbabwe currency is very different from the Agro Checks and Zim notes most of us hold.

MZ: It is my understanding that the funds to redeem out Zim bonds come out of humanitarian funds. Since it has taken so long – these funds have been earning interest…and are kinda like a modern day prosperity package.

MZ: This does not mean that all exchange funds have to go towards humanitarian projects.

Member: Zim is a bearer bond to be paid to the bearer the face value of the note imo

Member: Do you think they will have projects we can choose from?

Member: We have been told there are pre-selected projects you can select from on the ZIM

MZ: I was told we will be presented with a short list we can choose from

MZ: I have been told that the Agro checks funds do not come from humanitarian funds. These are totally for you and your personal use.

MZ: The ones we are most familiar with – the 100T notes- it is my understanding that per each note- $30-$50 million go into your pockets for your personal use…. and you will have the ability and the choice to get extra and commit that to humanitarian projects.

Member: Will they only be accepting the 100T notes or will the lower ones be honored?

Member: Mark said in the past that they will all be honored.

Member: Can we exchange more than one Zim bond? I heard rumors that is all they will accept.

MZ: I heard we can exchange as many as we want/own…..no limit

Member: Will you be able to make 2 different appointments to exchange if you are out of town?

MZ: Yes…I was told repeatedly that is the case….but they would prefer we do it in one appointment. But they understand logistically this may not be possible with travel, locations ect……try to be organized and make it easier for them and yourselves if you can.  

Member: Thanks Mark for all your thoughts…..have a wonderful weekend everyone.

Member: Have a great day everyone! See you all on Monday.

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

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

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/

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.

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Youtube:     Unable to find youtube link again….will add if it appears

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

Iraq Economic News and Points To Ponder Saturday AM 9-21-24

Will Parliament Resort To The Courts To Dismiss Al-Alaq?

Politics |   Mawazine News – Baghdad  Member of the Parliamentary Integrity Committee, MP Hadi Al-Salami, revealed today, Friday, that the Governor of the Central Bank, Ali Al-Alaq, refused the request to host him in Parliament, while threatening to resort to the courts to file a complaint against the negligent.

Al-Salami said in a statement, "We previously approached the Parliament Presidency and approval was obtained to host the Governor of the Central Bank to direct a parliamentary question."

He added, "The Governor of the Central Bank refuses to attend, and we will resort to the competent courts to file a complaint against anyone proven to be negligent regarding the difference between the official and parallel dollar rates."

He explained that "the difference between the official and parallel rates reaches 35 million dollars per day."  https://www.mawazin.net/Details.aspx?jimare=255176

Government Advisor Expects Oil Prices To Rise To $90 By The End Of The Year

Time: 2024/09/20 15:40:38 Reading: 767 times  {Economic: Al Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Salih, expects oil prices to rise for the rest of this year 2024.

Saleh told Al Furat News Agency that "the decisions to reduce OPEC+ countries' production quotas by 2.2 million barrels of crude oil per day are among the main factors in the current positive impact that has gradually led to an improvement in oil prices in the world after the wave of decline witnessed in the past weeks, which coincided with the wave of severe decline faced by global financial markets, in addition to the widespread concerns about global economic growth in general and the Chinese economy in particular."

He added, "Despite this, OPEC and OPEC+ in particular are still cautious in managing supply, as previous expectations of increased oil production on the one hand and the varying expectations regarding the growth of global demand for oil on the other hand have kept prices somewhat volatile."

“Currently, oil prices, especially Brent oil, are fluctuating today at around $74-75 per barrel for futures contracts, taking into account the importance of seasonal and market effects that have begun to maintain significant increases, although they are currently moderate, as the approach of winter can usually lead to a slight increase in global oil prices.

 This is due to the increase in demand for heating fuels such as natural gas and other heating fuels, especially in colder regions such as Europe and North America,” Saleh continued.

“As temperatures drop, households and industries demand more energy to keep warm, increasing consumption of oil-based products. Thus, as the Russian-Ukrainian war continues and winter sets in, energy markets are rightly expecting a rise in demand for energy (oil and gas in particular) and the possibility of upward price adjustments in the contractual months leading up to winter,” he noted.

“Starting from September 2024, as we mentioned earlier, the total production cuts implemented by OPEC+ countries will amount to about 2.2 million barrels per day.

These cuts are part of a broader effort to stabilize global oil prices amid fluctuations in demand and market conditions, with Saudi Arabia contributing a significant cut of 1 million barrels per day, while other countries, notably Iraq, the United Arab Emirates, Kuwait, Algeria, Kazakhstan and Oman, also implemented cuts ranging from 42,000 to 223,000 barrels per day, while Russia reduced its oil exports by 500,000 barrels per day, of crude oil and refined products,” the government advisor said.

“Based on the above, oil prices are expected to remain high for the rest of 2024, with many global oil forecasts suggesting that the average price of Brent crude could range around $85 to $90 per barrel by the end of the year.

Higher price levels will reflect the impact of supply cuts, which will help tighten global oil markets and eliminate any oil glut, even as demand remains somewhat weak due to the economic slowdown in some aspects of global growth, especially growth problems in the Chinese economy,” Saleh said.  LINK

Germany: Iraq's Economy Is Showing Signs Of Improvement

Economy  Baghdad – INA  Director of the German Agency for International Cooperation (GIZ) offices in Iraq, Christoph Feldkötter, confirmed  today, Thursday, that Iraq is making good progress towards economic stability, stressing the importance of updating tax laws in Iraq.

 "Iraq is making good progress towards stability, as economic stability is an essential part of this progress," Feldkötter told the Iraqi News Agency (INA), noting that

 "economic reforms include developing the private sector."

 "There are many new sectors that have emerged in Iraq, such as transportation, the shift to the

e-economy, renewable energy, and other fields that did not exist twenty years ago," Feldkötter explained. He stressed that

 "this development requires updating tax laws, as it is not possible to apply tax instructions or laws that are twenty or thirty years old." He pointed out that

"the existence of stable institutions is part of stability, which is what the German Agency is working to support through joint cooperation between experts from the Iraqi government and experts from the German government."

Feldkötter expressed the German government's "pride in this achievement, and its happiness with the partnership and mutual trust with the Iraqi government."    https://ina.iq/eng/34830-germany-iraqs-economy-is-showing-signs-of-improvement.html    

"A Great Iraqi Desire To Turn Into A Gas Exporter": Oil Ministry

 Economy  18-09-2024, 16:43  Baghdad – INA   The Ministry of Oil announced today, Wednesday, the referral of the flared gas file to projects under implementation, while

 indicating that during the next 5 years, Iraq will be self-sufficient and will be a source of gas, indicating the signing of the Mansouriya field, which will provide 300 million standard cubic feet of gas.

 The Deputy Minister of Oil for Extraction Affairs, Basem Mohammed Khudair, told the Iraqi News Agency (INA):

"This government, through the Ministry of Oil, has achieved a major change in the gas file, by referring all flared gas to projects under implementation to end this file."

He explained that   "we have a project of about 200 million standard cubic feet in Basra, the same in Nasiriyah, and 150 in the Nahr Bin Omar field, in addition to developing an integrated gas project and referring it to Total, which will collect gas from 5 important fields in the south, with a capacity of 600 million standard cubic feet in two phases, each phase 300 million." He added,

 "The Ministry of Oil, after great effort, succeeded in referring the Akkas field contract to the Ukrainian company, which will provide, after 6 years, a production capacity of up to 400 million standard cubic feet," explaining that

"the Mansouriya field was signed with initials and in the coming days the final letters will be signed, and

this field will provide 300 million standard cubic feet." He continued:

"This transition in the gas file and the referral of some gas fields in the annex of the fifth and sixth rounds will add significant production capacities to Iraq, and

 during the year 2028 or 2030, Iraq will be self-sufficient," stressing that "there is a great desire and insistence to transform Iraq into a gas exporting country."  https://ina.iq/eng/34799-a-great-iraqi-desire-to-turn-into-a-gas-exporter-oil-ministry.html

Guide To Environmental, Social And Corporate Governance Standards For Banks 2024
 
September 19, 2024    :diamonds: Guide to environmental, social, and corporate governance standards for banks 2024..For more, click here  https://cbi.iq/static/uploads/up/file-172674232676837.pdf
 
https://cbi.iq/news/view/2674  

[Google will translate https://cbi.iq/static/uploads/up/file-172674232676837.pdf
Sorry, I was not able to attach the translated document] 

Oil Heads For Weekly Gains After U.S. Rate Cut 

Friday 20 September 2024 09:40 | Economic Number of readings: 176  Baghdad / NINA / Although oil prices did not witness any significant change in early Asian trading on Friday, they are heading to end the week on a rise that will be the second in a row, after a large cut in US interest rates and a decline in global inventories.

By Friday morning, Brent crude futures fell 19 cents, or 0.3 percent, to $73.69 a barrel, but rose 4.3 percent since the beginning of the week.

US crude futures rose six cents to $72.01 a barrel, achieving gains during the week of 4.8 percent. "

The two benchmarks began to recover after falling to their lowest levels in nearly three years on September 10, and recorded gains in five of the seven sessions since then.

The Federal Reserve (the US central bank) cut interest rates by half a percentage point, and interest rate cuts usually lead to a boost in economic activity and energy demand, but some viewed the large cut as a sign of weakness in the US labor market. / End9 https://ninanews.com/Website/News/Details?key=1156020

Oil Heads For Weekly Gains After U.S. Rate Cut

Friday 20 September 2024 09:40 | Economic Number of readings: 176

Baghdad / NINA / Although oil prices did not witness any significant change in early Asian trading on Friday, they are heading to end the week on a rise that will be the second in a row, after a large cut in US interest rates and a decline in global inventories.

By Friday morning, Brent crude futures fell 19 cents, or 0.3 percent, to $73.69 a barrel, but rose 4.3 percent since the beginning of the week.

US crude futures rose six cents to $72.01 a barrel, achieving gains during the week of 4.8 percent. "

The two benchmarks began to recover after falling to their lowest levels in nearly three years on September 10, and recorded gains in five of the seven sessions since then.

The Federal Reserve (the US central bank) cut interest rates by half a percentage point, and interest rate cuts usually lead to a boost in economic activity and energy demand, but some viewed the large cut as a sign of weakness in the US labor market. https://ninanews.com/Website/News/Details?key=1156020

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/ 

News, Rumors and Opinions Saturday AM 9-21-2024

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. 21 Sept. 2024

Compiled Sat. 21 Sept. 2024 12:01 am EST by Judy Byington

Judy Note: The Greatest Sting Operation in History was triggering the Greatest Wealth Transfer in History. In connection with that Wealth Transfer, lots of things were happening ten days from now on Tues. 1 Oct. 2024.

Tues. 1 Oct. 2024 was the end of the privately owned Corporation’s fiscal year, which was deeply in debt, had taken out Bankruptcy in 2008, had been functioning for years without an approved budget and on a fiat US Dollar.

Tues. 1 Oct. 2024 With the House unable to pass extension of the US Government Budget Deadline, a privately owned and broke U****c. Corporation, including their Federal Reserve and IRS, was set to shut down by Tues. 1 Oct. 2024. (The fiat US Dollar wasn’t working for them, or for any other trading nation, anymore. They had no monies to function on).

On Tues. 1 Oct. 2024 all US Banks will close which were not Basel III Compliant. That is, if they didn’t have enough gold to back their monies for loans. And, they don’t. They have been functioning on fiat US Dollars since before U****c.’s Bankruptcy in 2008.

Tues. 1 Oct. 2024 was also the beginning of the new American Republic’s fiscal year, which will be functioning on gold/asset-backed US Notes as part of the Global Currency Reset.

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

Global Currency Reset:

Thurs. 19 Sept. 2024 Bruce: “We will be finishing up everything by the end of Sept. NESARA to come out, R&R payments, SS increases in your bank account, and exchanges started by the last day of Sept. Bond Holders should have access to funds Friday. Tier4b (us, the Internet Group) will be notified at the same time as Tier 3.”

Thurs. 19 Sept. 2024 Wolverine: “Invitations to the P Group have gone out. They are starting this weekend. It is happening. …September is called the Golden Month by Bond Holders because they have been told everything is happening in September. Bond Holders are presently in Reno and other parts of the World awaiting release of liquidity for the Global Currency Reset. We are defiantly close. Redemption Center staff  have been trained. The QFS is fully integrated.”

134 countries are exploring digital currencies, putting the US Dollar in jeopardy: 

 https://x.com/BRICSinfo/status/1837201665335718397?t=tBTejSMYFi6UJm2RvUQN4Q&s=19

~~~~~~~~~~

Global Financial Crisis:

Sun. 15 Sept 2024: Massive Data Breeches of Iran Central Bank & US Social Security

Fri. 20 Sept. 2024: Breaking Financial News! U.S. Banks Shut Down 55 Branches in Just Two Weeks: Wells Fargo, Chase, Bank of America, and Fulton – amg-news.com – American Media Group

Read full post here:  https://dinarchronicles.com/2024/09/21/restored-republic-via-a-gcr-update-as-of-september-21-2024/

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

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

Militia Man  What we're seeing and witnessing is something we've never seen before and not at this level...Something's a foot and I think it's a powerful time frame for us to see something different with Iraq.

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Sadr...has been talking to us and telling us we were all going to go out and protest because we haven't received all the things that have been promised to us but this morning Sadr came on television and said the million man march has been cancelled, no longer useful he says.  FRANK:  Why are we not going to do it?  Because they're going to give us what they promised us?  ...IMO he's calling off the march because Sudani asked him not to do the march. 

The Stock Market Is SET TO HYPER-INFLATE. And THIS WILL END VERY BADLY.

Greg  Mannarino:  9-20-2024

https://www.youtube.com/watch?v=8oq_RyJE4ac

The West In PANIC As IRAN Will Attend BRICS Summit In Russia To Finalize This Deal!

The Global Narrative:  9-20-2024

https://www.youtube.com/watch?v=_lGEZkv268Q