Friday, July 21, 2023

JUDY NOTE, 21 JULY

 Global Currency Revaluation of 127 Countries of the World:

On Tues. 18 July monies began flowing out of Zurich; the Iraqi Budget with the new Dinar Rate in it was released to the Iraqi Provinces and funds were positioned for distribution; Paymasters were given liquidity and Whales were beginning to be paid. As of Thurs. 20 July some Whales had been paid, some had not, all could see monies in their accounts and all were under NDAs.

On Wed. 19 July the Iraqi budget with the new Dinar Rate in it was implemented in all Iraqi Institutions.

Thurs. 20 July Wolverine: “A little birdie just told me that Iraq received final approvals a few hours ago. They indicated that they would be activated when FedNow (QFS) was activated and FedNow activated today Thurs. 20 July.”

On Thurs. 20 July the Global Quantum Financial System officially launched the ‘FedNow Instant Payment System,’ while therefore Tier 4b(Us, the Internet Group) could expect notification at any time.

Thurs. 20 July TNT Tony, RubixQ on Telegram: Multiple sources have reported that disbursements have been completed this week and everything is now done.

Thurs. 20 July Bruce: Redemption Centers were on high alert as of Fri. 20 July. Tier4b (Us, the Internet Group) notifications should come sometime between Fri. 20 July to Sun. 23 July. On Wed. 19 July Paymasters were authorized to send emails out to Bond Holders telling them that they had access to their funds (at an unknown date)

On Sun. 23 July all financial changes was expected to complete.

The last week of July US citizens would receive restoration allowances that paid them back illegal interest given to the Cabal, plus SS payments would increase.

Thurs. 27 July RubixQ, Goldilocks on Telegram: “U.S. bank regulators are readying the launch of proposed capital requirement changes on July 27 to bring the country’s rules in line with the international Basel III accords, Bloomberg reported.” https://www.morningstar.com/news/marketwatch/20230718123/fed-preparing-basel-iii-capital-requirement-guidelines-for-july-27-release-bloomberg

On Tues. 29 August the new Quantum Financial System will be made public.

The International Treasury M1 is the owner and administrator of the World Account at the WORLD BANK, Account No. 01-00-01-4-AAA-777-C3-AM-01, distributed among various banks in 172 (one hundred and seventy-two) countries of the world.


BIG CALL HIGHLIGHTS, 21 JULY

 Thurs. 20 July 2023 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#

The BRICS nations have announced that they were moving the announcement of the World going to gold/ asset-backed currencies to 23 Aug.

Today Thurs. 20 July two nations were not quite prepared to join BRICS.

The ATFX Forex trades gold/asset-backed currencies and those gold/asset-backed currencies have been trading on the ATFX Forex and going up in value.

Today we were told that Redemption Centers were on high alert as of Fri. 21 July.

Tier4b (Us, the Internet Group) notifications should come sometime between Fri. 21 July to Sun. 23 July.

On Wed. 19 July Paymasters were authorized to send emails out to Bond Holders telling them that they had access to their funds (at an unknown date)

Tier4b Funds are presently available at the banks for exchanges and redemption of Zim.

Thursday, July 20, 2023

Evening News 07/20/2023

"Iraq's massive Total oil deal heralds new revenue-sharing formula", 20 JULY

 By Aref Mohammed, Silvia Aloisi and Timour Azhari

BASRA, Iraq, July 19 (Reuters) - Iraq secured its $27 billion oil deal with France's TotalEnergies TTEF.PAlast week by offering quicker, less risky payback through greater revenue-sharing, a model it could replicate in the future to lure investors.


Foreign investment in Iraq's energy sector has fizzled out since a flurry of post U.S.-invasion deals over a decade ago, with Exxon Mobil XOM.N, Shell SHEL.L and BP BP.L all having scaled back their operations in recent years, contributing to a stagnation in the country's oil production.


Oil majors complained that the terms of Iraq's traditional oil service contracts, which paid a flat rate for every barrel of oil produced after reimbursing costs, meant they could not benefit from rising oil prices and lost out when production costs rose. They turned to other countries offering better terms.


The contract "differs from previous technical service agreements in as much as the generated risks and profit are shared between the state and the investors," Total told Reuters.

                         

Besides raising production at Ratawi, the deal consists of a 1 GW solar power plant, a 600 million cubic feet a day gas processing facility, and a sea water supply project key to boosting Iraq's southern oil production.


This new type of deal was initially signed in 2021, but faced delays amid disputes between Iraqi politicians over the terms and finally closed in April, when Iraq agreed to take a smaller stake than the 40% it initially demanded.


In the end, Total took a 45% share while the state-owned Basra Oil Company took 30% and QatarEnergy 25%. Saudi Arabia's ACWA Power would participate in the solar farm, the statement last week said.


Revenues will be split according to those stakes, one of Iraq's senior oil officials said.

The so-called Gas Growth Integrated Project (GGIP) aims also to improve Iraq's electricity supply by recovering flared gas at three oilfields and using the gas to supply power plants, also helping to reduce Iraq's import bill.

                            


Total said it would invest in all four projects simultaneously, with the solar plant expected to begin operation at the end of 2025 and the gas recovery aspect in 2027.

"Fundamentally the revenues of the Ratawi field allow us to finance the other projects," the Total statement said.


An Iraqi oil official and Total said the structure of the contract was based on Iraq's 2018 oil and gas licensing round which for the first time gave prospective contractors a share of revenues rather than a fixed fee per barrel.


In the hybrid revenue-sharing model, for each barrel of oil produced, 25% would go towards the Iraqi state as a royalty, while the remaining 75% would go towards reimbursing shareholders for capital and production costs and be distributed as revenues, the official said.


Iraq's oil officials said the model could be replicated in the future but that would be considered on a project-by-project basis.


(Reporting by Aref Mohammed in Basra, Timour Azhari in Baghdad and Silvia Aloisi in Paris; Writing by Timour Azhari; Editing by Elaine Hardcastle)

((timour.azhari@thomsonreuters.com @timourazhari; +96170191137 / +9647901917023;))


https://www.nasdaq.com/articles/iraqs-massive-total-oil-deal-heralds-new-revenue-sharing-formula

Reason for Thea r restriction of 14 banks BY NADER FROM MID EAST, 20 JULY

"Committee to compensate those affected by Saddam’s Regime", 20 JULY

 2023-07-20 07:30

Shafaq News / The second deputy speaker of the House of Representatives, Shakhwan Abdullah, announced on Thursday the reactivation of the Article 140 constitutional committee to settle the files of those affected by the previous regime.

Abdullah said during a press conference held in the parliament building with the participation of members of the parliamentary committee on Article 140, and attended by the correspondent of Shafaq News Agency, that “the interim committee formed in the House of Representatives to follow up the work of the Article 140 committee of the Constitution, which was disabled for more than 10 years, was activated again after the political blocs agreed to do so.”

He pointed out that “there are thousands of transactions for those affected by the policies of the defunct regime under Article 140, and that we have noted through representatives of the provinces that there are many files and the truth is that the amount allocated for compensation by the government in the budget law of 2023 does not cover compensation.”

He pointed out that “the committee, Article 140, needs four trillion dinars, while the budget allocation is only 100 billion dinars, and after efforts, another 100 billion dinars were transferred to become 200 billion dinars, and a mechanism has been established to disburse compensation.”

Abdullah stressed that “there are weekly periodic meetings for the work of the Article 140 Committee to push for its real activation and completion of its tasks, including the development of the necessary legislation and the cancellation of the decisions of the Revolutionary Command Council that unfair to the rights of the sons of many governorates.”

Abdullah thanked the government for voting on the draft law to cancel the decisions of the Revolutionary Command Council.

He pointed out that “the first task of the Article 140 Committee will be to seek to receive the draft law from the government and approve it to ensure the restoration of the rights of farmers, and there will be a state committee in cooperation with the government committee to reach the entitlements of citizens in all governorates, including the southern governorates, which have not received compensation, in addition to the governorates of Kirkuk, Diyala and Nineveh.”

Article 140 provides for the abolition of the policies of demographic change pursued by the regime of Saddam Hussein in the disputed areas in favor of the Arabs at the expense of the Kurds, and then counting the population before the last step of holding a referendum under which the population determines, whether they wish to join the Kurdistan Region or remain under the administration of Baghdad.

The implementation phases of the article were scheduled to be completed until the end of 2007 but security and political problems prevented this.‎

The Federal Supreme Court ruled in 2019 that Article 140 of the Constitution of the Republic of Iraq shall remain in force, stressing that this continues until its requirements are implemented and the goal of its legislation is achieved.

https://shafaq.com/ar/سیاسة/البرلمان-العراقي-يعيد-تفعيل-لجنة-المادة-140-الدستورية-لتعويض-المتضررين-من-نظام-صدام

Iraq News What is Holding Up IQD RV? Plus, IQD Exchange Rate

TIDBIT FROM KAPERONI, 24 NOV

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