DINARLAND UPDATE, 17 JULY

 MarkZ

[via PDK]

From my Redemption Contact in Virginia…a very short, crisp…..”working Sunday”…don’t know what that mean yet.  Contacts still saying the 15th thru the 18th…In Iraq they are pushing forward…to be able to process some world class events…

Mountain Goat

Article:
“IRAQ: REVITALIZING THE STOCK MARKET”

Article quotes:
“…there is an urgent need to activate the role of the stock market as a mirror reflecting economic activity in the country“;

“It is said that the size of the cash block that is hoarded outside the banking circulation space amounts to about 70 percent of the cash issued “

Remember a lot of this cash is outside the country in our pockets and they won’t get it unless they reinstate the dinar and we can go to the bank and exchange at a rate we want as investors. Heck they sold us this currency in a time of need and now, as they are so rich, they have to pay us for it with a higher exchange rate.

Frank26 (KTFA)

If you’re fearful that all of a sudden you cannot exchange your Iraqi dinar anymore because the CBI says that they’re all null and void, the IMF has rules and regulations and one of their rules is you have to notify the populace of your time frame.  They cannot necessarily come out and say, ‘We’re going to float our currency.’ Without telling you how long they’ll float their currency.  Some countries don’t play fairly but I think Iraq has to because of the way they’re under the thumb of the IMF, WB, WTO and US treasury.  I think they’ll follow the rules and laws.

MilitiaMan (KTFA)

Sudani…asked to come to the USA and was denied. My view is he was told…three items to get to work on. He did. We now see the UST show up after. So, it appears an assessment was made as to where they were in getting this completed and likely found they were sitting on the ball on the side lines.. not good. Hence the arrests, the Rafadain Bank shake up, etc.. The level of focus now is fascinating to me. The IFC / WB still in town!!  Al-Alaq having had a progress report that looked good !

MNT GOAT UPDATE, 16 JULY

 Mnt Goat   Article:  "IRAQ: REVITALIZING THE STOCK MARKET"   Article quotes:   "...there is an urgent need to activate the role of the stock market as a mirror reflecting economic activity in the country";  "It is said that the size of the cash block that is hoarded outside the banking circulation space amounts to about 70 percent of the cash issued"  .

Remember a lot of this cash is outside the country in our pockets and they won’t get it unless they reinstate the dinar and we can go to the bank and exchange at a rate we want as investors. Heck they sold us this currency in a time of need and now, as they are so rich, they have to pay us for it with a higher exchange rate.

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The oil and gas law is in the "finishing touches". And the Democrat stresses: We will not compromise this time

Baghdad Today - Kurdistan

Today, Sunday (July 16, 2023), a member of the Kurdistan Democratic Party, Wafaa Muhammad Karim, revealed that the "final touches" to the "controversial" oil and gas bill have been stalled for years due to political differences over it.

Karim told "Baghdad Today" that "Prime Minister Muhammad Shia'a al-Sudani showed full commitment to approving the oil and gas law during the coming period," noting  that "the approval of the law in the House of Representatives will not take long, and there is continuous communication between al-Sudani and the President of the Kurdistan Regional Government, pleased Barzani, to put the finishing touches on it.

Karim Ali stressed, "The Democratic Party will not compromise this time on adding amendments and mixing political papers with a technical law," noting that "approving the law will contribute to resolving most of the outstanding disputes between Baghdad and Erbil for years, and we believe that the Sudanese is serious about approving the law despite political pressures." .

It is noteworthy that one of the issues that raised controversy between Erbil and Baghdad for many years is the ratification of the oil and gas law, but it was agreed to approve the draft law between the two parties within the framework of a political agreement that led to the formation of the current government.

The ministerial curriculum of the Sudanese government includes a paragraph stipulating the legislation of the oil and gas law, within a period not exceeding 6 months from the start of its work, which has been delayed for several months now.

The Kurdish blocs in the parliament are seeking to pass the draft oil and gas law by approving it in accordance with Article 112 of the Iraqi constitution, and according to the government platform, the project must be submitted to parliament during the current government period.

The Sudanese Prime Minister has previously considered this law the only way to resolve the outstanding differences and problems with the Kurdistan Regional Government.

"RV UPDATE" BY HERNAN R BRAVO, (SPANISH AND ENGLISH), 16 JULY

 De Hernán Robert Hbravo

Domingo 16 Julio 2023

Holly Celiano (Publicado en su sitio)

La Fed tenía hasta hoy para pagar sus trillones de deuda o entregar todos sus activos al Nuevo Tesoro de EE. UU.

Todos funcionan con la norma ISO 20022. Protocolos respaldados por activos.

¡La Corporación ya no existe! ¡Bienvenidos a la Nueva República de los Estados Unidos!

¡Ya no eres un bien mueble vendido en la bolsa de valores, eres un soberano independiente!

¡Deberías estar muy emocionado por este día! ¡Libertad!

*Así es!!...y vienen más de las buenas noticias!!

Christmas in July!

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By Hernán Robert Hbravo

Sunday 16 July 2023

Holly Celiano (Posted on her site)

The Fed had until today to pay off its trillions of debt or turn over all of its assets to the New US Treasury. They all work with ISO 20022. Asset-backed protocols.

The Corporation no longer exists! Welcome to the New Republic of the United States!

You are no longer a chattel sold on the stock market, you are an independent sovereign! You should be very excited for this day! Freedom! *That's right!!😀👍💖...and more of the good news is coming!! Christmas 🎄 in July!

Iraq News MAJOR NEWS Iraq's $27 Billion Deal with Total Energy? IQD, VND...by SANDY INGRAM

IRAQ NEWS BY DINAR IQD & DONG VND, 16 JULY

 Parliamentary Committee: The oil and gas law will see the light soon

7-15-2023

Parliamentary Committee - The oil and gas law will see the light soonInformation / Baghdad..

The Committee on Oil, Gas and Natural Resources confirmed, on Saturday, Parliament’s intention to legislate the oil and gas law during the current session, while noting that the adoption of the law will contribute to resolving the problems between Baghdad and Erbil.

Committee member Alaa Al-Haidari said in an interview with Al-Maalouma agency, “According to the government program and what was agreed upon by the state administration coalition, the oil and gas law will be legislated soon.”

He added, “The legislation of such a law is an urgent necessity, as it regulates the method of extracting oil and minerals throughout Iraq, including the Kurdistan region, as well as regulating oil revenues.”

He pointed out that “the oil and gas draft law is of economic importance, and it is obligatory to deliver oil revenues through the Federal Oil Marketing Company, as well as knowing the quantities exported.”

He pointed out that “there is an agreement between Baghdad and Erbil to legislate the federal oil and gas law,” stressing that “the House of Representatives will work to legislate it during the next stage.”

The rapporteur of the Patriotic Union of Kurdistan parliamentary bloc, Karwan Ali Yarouis, revealed earlier that there was a political agreement to pass the oil and gas law in Parliament, stressing that “discussions regarding it will start after the end of the legislative recess.

almaalomah.me

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Iraqi Integrity declares readiness for a “major confrontation and a fateful battle” against corruption

2023-07-15 06:56

Iraqi Integrity declares readiness for a major confrontation and a fateful battle against corruptionShafaq News/ The head of the Federal Integrity Commission, Judge Haider Hanoun, said on Saturday that the commission will launch a “major confrontation and a fateful battle” against corruption and the corrupt at all levels.

This came during the launch of the activities of the conference organized by the Federal Integrity Commission in cooperation with (UNODC) and Basra Governorate, entitled (Supporting partnership and dialogue between the public and private sectors, the way to combat corruption).

The head of the Integrity Commission stressed, according to a statement received by Shafaq News agency, that “the major confrontation and the fateful battle against corruption and the corrupt has been prepared for in the past months, and the commission is about to announce its launch at all levels, calling on the private sector to be an active part in it, by not participating corruption and his obligation to report corruption crimes.

The head of the Integrity Commission described corruption as “the greatest danger and the worst enemy that impedes all attempts at progress and the main undermining of the pillars of development,” noting that “the commission has completed the preparations and preparations for the battle against corruption, in which victory depends on the amount of those preparations, which include strengthening partnership and dialogue between the two sectors.” Public and private, and take measures to prevent the involvement of the private sector in corruption, pursuant to the provisions of the articles and provisions of the United Nations Convention against Corruption, which Iraq joined a decade and a half ago, noting the importance of citizen interaction and participation in it, and the cooperation and participation of community actors, trade unions, federations, civil society organizations, and non-governmental organizations.

He warned of the repercussions of the phenomenon of corruption and its extension to the economy and its contribution to impeding economic growth, wasting part of the state’s resources, and the flight of national and foreign investments due to the absence of incentives, pointing out that corruption violates the distributive justice of income and resources, the decline in economic effectiveness, the widening gap between the rich and poor groups, as well as the weakening of revenues. public of the state; as a result of evading paying taxes and fees, explaining that corruption is one of the causes of poor spending of state resources and depriving important sectors such as health, education and services from benefiting from them, and the low efficiency of public investments and the weakening of the level of quality in infrastructure due to the bribes that are paid; To ignore the required standard specifications.

For his part, the Governor of Basra expressed his optimism about holding this conference in the province, pointing out that this represents a message in the launch of the partnership between the private and public sectors in this province, which has embarked on reconstruction and is on its way to achieving development. This would be a starting point for the reconstruction of the country in all its governorates, praising the work of the Federal Integrity Commission and its role in removing the corrupt from state institutions, and ensuring the preservation of public money, stressing the importance of cooperation between state institutions and oversight agencies; In order to preserve the public budget from spoilers, and invest it in the best way for reconstruction.

For his part, the head of the United Nations Office on Drugs and Crime in Iraq (Ali Al-Barir) indicated that the economies of the Middle East and North Africa region face great challenges to develop trade and investment related to corruption, calling for the need to ensure fair competition by raising awareness and strengthening the implementation of joint anti-corruption provisions and applying measures deterrent to combat bribery.

In turn, (Ibrahim Al-Baghdadi), the head of the Iraqi Economic Council, warned against administrative and financial corruption, accusing it of dangerous phenomena facing public and private institutions alike and having a significant impact on the process of construction, reconstruction, and economic, political and social development in the country.

He pointed out that a large part of the private sector is the major victim of corruption, which must be combined with benevolent efforts to confront it and stand against it, stressing that the Iraqi Economic Council and businessmen and women from federations, organizations and entities of the Iraqi private sector stand entirely on the side of the oversight bodies, as they consider themselves the best partner and supporter. And Moaded for its role in curbing the corrupt and reducing corruption paths, praising the Sudanese government and its ministerial approach for issuing many decisions, which he described as bold and courageous in the interest of various sectors, including supporting the private sector and fighting corruption.

shafaq.com

TNT CC VIDEO, 16 JULY

CHASE BANK STORY ABOUT BOLIVAR CURRENCY, 16 JULY

 TNT:

4Abba:  Chase bank story

Went to my private banker with $500M bolivar.

He investigated the exchange amount and it was $ .3531 which was $17.5M.  He checked the banned  list to see if it could be exchanged.   It was not on that list.  

Then he checked the second list to see if the bank had a restriction and  it was  restricted.  

I told him hopefully it will not be restricted next week. He put it on his watch list and as soon as the restrictions were lifted, he would call me.