"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 26 JULY

 Frank26 (KTFA)

Articles Quote:
“The parallel price means the exchange rate of the dollar in the market and exchange offices, and not the official rate set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers.”

That rate is the goal of the CBI right now…They’re telling the world, citizens, everybody, you that their official rate is 1132. Yet what you see on the CBI website is 1320.

…Why?  Because they are trying to de-dollarize.
Why? So they can bring in the new exchange rate with the new currency and new value.
Why?  Because that is the only way Iraq will be able to protect itself from…Iran that steals their money…

[Iraq boots-on-the-ground report]

F IREFLY: The CBI is saying the banks are to refrain from using the American dollar but they can use the dinar and they can use international currencies outside of Iraq other than the dollar.  

About two weeks ago it was nothing but IMF, last week it was nothing but the government of Iraq and now this week it’s all about the CBI.  The CBI took the microphone, ‘Get out of our way!’… Who?  Basically themselves.  Who’s in charge of monetary reform?  CBI.  Who’s gonna receive the new exchange rate?  The GOI.  Who’s doing all this?  Alaq, the governor of the CBI and Sudani the PM of Iraq.  They’re sitting there saying, ‘Get out of our way.’ Who?  Mainly those little things are Iran.  It’s the parliament in Iraq which is Iran influenced…

DINARLAND UPDATE, 26 JULY

 Mountain Goat

On Thursday, the Central Bank of Iraq issued instructions to all licensed banks and non-bank financial institutions not to deal in dollars with 14 of the Iraqi banks.  I can see that if these illegal dollar cash transactions continue the CBI will close down these banks.

 It’s coming and this will help tremendously in bringing down and keeping down the value of the dollar against the dinar. This may be the last step in the banking sector that needs to be addressed. The diversification of banking practices to make profits with products outside of currency exchange spreads, will come naturally once the free market economy kicks in. The 3 year budget is now open and the money is being dispersed to the districts for projects.

MarkZ

[via PDK]

From Iraq:
“The crisis of the rise of the dollar returns to the fore…and an upcoming parliamentary procedure”

We are starting to see this number…this parallel price of 1132 for the dinar against the dollar.  It is not trending there yet but is part of what they have been doing the last few days…They are doing this in articles all the time. They list the rate one way…then in the same article its listed another. The important part is they are trying to get to the parallel rate.  I have been told repeatedly that when they do they are ready for the big rate change.  At least this is progress…This thing is going to take however long it’s going to take whether we like it or not…It’s going to happen guys.

Rumors are all over the place right now…that today is going to be huge and tomorrow will be great…I am hearing a lot about the 27th for a few days now…rumors that people have money …I just have not seen that economic receipt yet. But, I am seeing a lot of people under an NDA or being effectively “hushed” right now.  That makes me feel warm and fuzzy…

I have been getting calls and messages all afternoon about chase banks…about  systems being down, remodelings, closing branches, adding virtual branches >…all kinds of craziness. Rumors are flying and it's very interesting whats happening at Chase as they prepare for the brand new system…The official story is they are simply downsizing banking. More and more people are going electronic… they are automating as much as they can to save on labor.  The unofficial story is a number of employees are telling folks they were told to expect a lot of new wealthy customers. We are gearing toward wealth management.

Nader From The Mid East

Since December 2021 they started to build the country.  They started to fix their economy.  They start to fix their private sector.  They start to fix their banking system…international system …the dollar against the dinar…the dinar himself…He needs a lot of work.  I told you before..whoever put the dinar down, that’s the person who’s gonna put the dinar back up…It’s not the CBI.  It’s not the government of Iraq and it’s not government of the United States. 

The government of the United States can help, yes.  The government of Iraq can help, yes.   The CBI can help, yes.  The call is the Treasury.  The call is on Forex.  The call is on all this World Bank and all that stuff.  It’s not on CBI…The CBI can only get better, do better a job and get stronger and get more money, more reserves, more goals, more things like that for the dinar to go up for these people to decide, ‘Okay, Iraq has this, this, this, this, the dinar is worth this much.’ …Iraq is doing a lot better, yes. 

MilitiaMan (KTFA)

They’ve been having problems with the parallel market…but they’re going to actually try to resolve it…Right now the dollar and dinar are being used in the country…multi-currency practices aren’t supposed to happen.  There’s legitimate reasons for them to be able to use the dollar…the dinar is the currency of choice from the central bank.  It’s by law…

THE BIG CALL HIGHLIGHTS, 26 JULY

 Tues. 25 July Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#

• Sources were under NDAs
• The Iraqi Dinar and Dong were trading up in value.
• Currency Rates were very high.
• The new financial system QFS in conjunction with the USN and Star Link System were ready to come online and be implemented starting at midnight tonight Tues. 25 July and will go through midnight Wed. night 26 July.
• The USN was gold/asset-backed and coming out
• You can have up to $8,500 in the new USN cash at your appointment.
• Bond Holders will get access to their funds on Wed. 26 July or more likely on Thurs. 27 July.
• A Redemption Center person said we would get notification for our appointmentsWed. 26 July or Thurs. 27 July.
• A Contact tight with Citibank said Citibank would start exchanges on Friday 28 July.
• The general public Tier 5 would start on Thurs. 3 Aug.
• A Bond Holder Paymaster said the USN would come out Wed. 26 July, GESARA would be announced on Thurs. 27 July and the rollout of NESARA would happen on Sun. 30 July or Mon. 31 July.
• Med Bed appointments can be made at your exchange appointment.
• We should have four impeachments start this week.
• The start of Joe Biden’s impeachment began today Tues. 25 July.

JUDY NOTE, 26 JULY

 Judy Note: On Tues. 25 July Bruce reported that the new financial system QFS would start implementation at midnight Tues. 25 July and complete at midnight Wed. night 26 July.

Tier 4b (Us, the Internet Group) would receive notification to set exchange appointments and Bond Holders would receive access to their funds on Wed. 26 July or Thurs. 27 July, with a possibility that exchanges and redemptions would begin on Fri. 28 July.

GESARA would be announced on Thurs. 27 July and NESARA would happen on Sun. 30 July or Mon. 31 July. The general public Tier 5 could exchange currency at the new rates at a bank beginning Thurs. 3 Aug.

From the Shanghai Cooperation Organization (SCO) Call (see below) we learn that currency exchange and Zim Bond redemption appointment notifications will be done through social media and groups (not through emails from Wells Fargo), plus that the RV would happen after Bretton Woods III was made public.

That Bretton Woods III likely referenced the FOMC meeting on Wed. 26 July where a Stock Market correction would very likely take place – that would lead into the next day on Thurs. 27 July when the Banks were required to be Basel 3 compliant (have their assets gold/asset-backed), or they would be shut down – all of which would result in shocks and adjustments in our markets and payment systems as currencies moved into a real value and created a Global Financial Crisis.

Head of the Global Redemption Committee Charlie Ward said the RV would happen after that Global Financial Crisis occurred.

Exchange and Redemption Appointments:

• Tues. 25 July Bruce:

The new financial system QFS, in conjunction with the USN and Star Link System, would be implemented starting at midnight Tues. 25 July and go through midnight Wed. night 26 July.

Bond Holders will get access to their funds Wed. 26 July or more likely Thurs. 27 July.

A Redemption Center person said Tier4b (us, the Internet Group) would get notification for our appointments on Wed. 26 July or Thurs. 27 July.

A Contact tight with Citibank said Citibank would start exchanges on Friday 28 July.

A Bond Holder Paymaster said the USN would come out Wed. 26 July,GESARA would be announced on Thurs. 27 July and the rollout of NESARA would happen on Sun. 30 July or Mon. 31 July.

The general public Tier 5 would start on Thurs. 3 Aug.

• Tues. 25 July MarkZ: Rumors are all over the place right now…that today is going to be huge and tomorrow will be great…I am hearing a lot about the 27th for a few days now…rumors that people have money …I just have not seen that economic receipt yet. But, I am seeing a lot of people under an NDA or being effectively “hushed” right now.  That makes me feel warm and fuzzy.
• Texas Snake Sun. 23 July:  Banker advised to have all trained staff in currency exchange process to be on immediate call beginning Mon. 24 July.
• Goldilocks Sun. 23 July: The Stock Market is getting ready to go into correction after FOMC meeting on Wed. 26 July.
• Charlie Ward stated that the RV will happen after a Global Financial crisis.
• At the Wed. 26 July FOMC meeting the Stock Market will go into correction. …Goldilocks
• On Thurs. 27 July Basel 3 Compliance will be implemented in the banks, withbanks closed that cannot prove gold/asset-backed assets. Along with the previous day’s Stock Market correction, bank closures would create shocks and adjustments in our markets and payment systems as they moved into a real value.
• Thurs. 27 July was also slated as the day to activate NESARA/GESARA. This last week of July US citizens expected to receive restoration allowances that paid them back illegal interest given to the Cabal, plus their SS payments would increase. INTEL – July 27th ‘Restart of Planet Earth’ & The GESARA / NESARA Announcement – Schedule of Events (rumormillnews.com)
• On Wed. 23 August the new gold/asset-backed Quantum Financial System would be made public.

IRAQ NEWS BY DINAR IRAQ & DONG VIETNAM, 25 JULY

 A CLEAR FLUCTUATION IN THE IRAQI MARKET AND CALLS FOR A GREATER MOVE

The Iraqi market is witnessing a state of turmoil due to the recent rise in dollar exchange rates, and this came, according to specialists, as a result of stopping fourteen banks from dealing in the US currency for their involvement in dollar transfers outside the country.

Since the Central Bank started working on the electronic platform and the international financial transfer system Swift and that about seven months ago did not witness the dollar’s exchange rates Iraq despite the attempts of the government and the central bank to control the matter in the parallel markets, the exchange rate is still recording a significant increase compared to the official rate, despite the approval of the country’s general budget and the sale of the central bank for more than two hundred million dollars per day.

(currency auction sales should be around 60-80 million per day to support import payments, so we can see they are still stealing dollars. )

----

PARLIAMENT CONDUCTS A COMPREHENSIVE ASSESSMENT OF THE PARALLEL DOLLAR MARKET

A member of the Parliamentary Finance Committee, Youssef Al-Kalabi, accused the advanced staff of the Central Bank of Iraq of failing to perform his duty in dealing with the dollar crisis.

Al-Kalabi said, in a televised interview, followed by “The Information”, that “the advanced cadre in the Central Bank has been” nesting “for years and should be reviewed and replaced.”

He added, “The dollar crisis is great and cannot be tolerated, and there will be a detailed report on the failure of the Central Bank of Iraq to address the rise in dollar prices.” He pointed out, “It is not possible to keep much silence about the insane rise of the dollar in the parallel market and the citizen’s burden of additional expenses to meet needs.

IRAQ NEWS: "New Revenue Sharing could lead to Iraqi Oil Renaissance" , 25 JULY

 New Revenue Sharing could lead to Iraqi Oil Renaissance

• World Bank: Iraq’s economy depends on oil, which accounts for 99% of Iraq’s exports and 42% of its GDP.
• The revenue-sharing scheme will see 25% of the revenue from each barrel going to Iraq as a royalty, and 75% back to stakeholders.
• From gas capturing to revenue sharing, the terms are a marked improvement and could woo other foreign oil companies to Iraq.

Iraq has been looking to bring foreign oil company money and expertise into the fold, and it looks like it may have finally found a way to make doing business in Iraq attractive enough. 

Iraq’s economy depends on oil, which accounts for 99% of Iraq’s exports and 42% of its GDP, according to the most recent World Bank estimates. This heavy reliance on oil revenues has somewhat diminished Iraq’s concern with the carbon intensity of its oil operations, although now, with Western oil companies feeling the pressure to remain in good climate standing, climate concerns have gained some importance, even in major oil-producing countries such as Iraq. 

One of the biggest concerns in Iraq is that it captures only about half of the associated gas produced when pumping oil, meaning it flares a substantial amount of gas into the atmosphere. 

But the other concern is the contract terms, which some foreign oil companies have deemed unfavorable. Up until now, the terms have revolved around a fixed price for oil per barrel after reimbursing costs. This doesn’t allow oil companies to benefit when oil prices jump. And if costs rise, as they have over the last couple of years, they lose even more.

Iraq’s wars, domestic conflicts, and political upheavals have added to climate concerns and unfavorable contract terms to push Iraq down the list for attractive oil projects.

But Baby, I’m Worth It

Nevertheless, Iraq—including the territory governed by the Kurdistan Regional Government—holds a whopping 145 billion barrels in proved reserves. It is the fifth-largest proved crude oil reserves in the world. 

This has been enough to entice at least Chinese companies—including CNOOC—to go hog wild in Iraq’s energy sector, not facing as much climate scrutiny as their Western counterparts. In fact, Chinese contractors have singlehandedly secured 59% of all energy projects from 2018 through the end of 2022. Japan contractors took second place, undeterred by the traditional terms.

But other foreign companies have shown a greater reluctance to take part in tapping Iraq’s plentiful reserves, with Western companies, including U.S.-based Exxon pulling back even on existing projects—until now.

Never mind the crises Iraq has faced, the uncertainties that could mean going forward. Forget the carbon-intensive projects that flare half of the gas that comes out of the ground. All that was needed, apparently, was a change in the financial aspect of the projects. 

Earlier this month, TotalEnergies signed a massive $27 billion oil deal with Iraq after the country offered terms that were much more palatable given the rest of the drawbacks. We’re talking about revenue sharing and an accommodation to capture more of the gas that is flared.

For TotalEnergies, the deal was hard fought, with negotiations beginning years ago. Ultimately, Iraq had to go back to the drawing board several times to reach into its own pockets and dish out even more favorable terms. Iraq eventually settled on hanging onto just 30% of the project, with TotalEnergies grabbing 45% (and QatarEnergy getting a 25% stake). Part of the proposal includes a provision to construct installations that will recover associated gas that is currently being flared on three oilfields. The deal will allow TotalEnergies to take part of the revenues from the Ratawi oilfield and use it to help finance three more projects. 

The revenue-sharing scheme will see 25% of the revenue from each barrel going to Iraq as a royalty, and 75% back to stakeholders. 

From gas capturing to revenue sharing, the terms are a marked improvement and could woo other foreign oil companies to Iraq, which has grand plans to expand its oil output and disentangle itself from its reliance on Iranian gas. 

By Julianne Geiger for Oilprice.com

https://oilprice.com/Energy/Energy-General/New-Revenue-Sharing-Scheme-Could-Lead-To-Iraqi-Oil-Renaissance.html

Evening News with MarkZ 07/25/2023

Tuesday Evening News with MarkZ 

Some highlights by PDK-Not verbatim

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

Member: Ge Everyone. Looks like another day of run silent run deep........I believe silence is a good sign

Member: my Chase Bank closed it's doors the past few days with new signs on the doors "JP Morgan Wealth Management"

MZ: I have been getting calls and messages all afternoon about chase banks from you all….about  systems being down, remodelings , closing branches, adding virtual branches…..all kinds of craziness. Rumors are flying and its very interesting whats happening at Chase as they prepare for the brand new system.

MZ: The official story is they are simply downsizing banking. More and more people are going electronic….they are automating as much as they can to save on labor. 

MZ: The unofficial story is a number of employees are telling folks they were told to expect a lot of new wealthy customers. We are gearing toward wealth management. 

Member: Chase just built a brand new branch near me in N.Miss and its not open yet ! Right off the expressway a major one !

Member: My neighbor went to chase bank today and his account was frozen, tell told him they are working in the system.

MZ: WE did get some interesting news on what to expect over the next couple of days. 

Member: From Dinar Guru:  Mnt Goat  On Thursday, the Central Bank of Iraq issued instructions to all licensed banks and non-bank financial institutions not to deal in dollars with 14 of the Iraqi banks.  I can see that if these illegal dollar cash transactions continue the CBI will close down these banks. It’s coming and this will help tremendously in bringing down and keeping down the value of the dollar against the dinar. This may be the last step in the banking sector that needs to be addressed. The diversification of banking practices to make profits with products outside of currency exchange spreads, will come naturally once the free market economy kicks in. The 3 year budget is now open and the money is being dispersed to the districts for projects.

MZ: Fits pretty close to what we hear. 

Member: I THINK IF THEY PUT THE RATE UP IT WOULD CRUSH THE DOLLARS IN IRAQ... WAITING FOR CBI

MZ: “ The Federal Reserve expected to raise interest rates by another 25 Bps”  This is on Thursday 

Member: Basil 3 into full effect 7/27. May cause many banks to have to close

Member: I keep hearing stuff on the 27th. Bo Polny said we're in a window between now and the 9th of August. Let's hope something happens

Member: FedNow, instant payment system [quantum] is in place to handle the largest wealth transfer in human history.

MZ: “Hidden feature in Brazil’s CBDC  allows government to freeze funds”  This is disturbing. This is a big concern with CBDC’s. That the government would have control over the funds of private citizens. 

Member: Wells Fargo asked me today if I want to sign up for the new digital wallet. I said no thank you. I'll wait for the quantum system.

Member: 3 times per week I get an email from CHASE inviting me to join their Wealth Management program.

Member:  I got a call out of the blue from Chase informing me I now have a personal financial advisor. When I asked about the qfs I got the deer in 5he headlight look...

Member: my Hancock bank branch is moving across the street to a new building and noticed they are calling themselves a financial center not bank!!!!

Member:  My BofA branch was completely remodeled and added 9 cubicles

Member: I’m at Chase Bank right now and apparently there’s a “glitch” in the system and people are having problems pulling their money out and making minor transactions

Member: Favorite bank teller smiled and winked today when I asked her about the RV

Member: my credit union has built 2 new branch offices in the last year. Both have ATM stations inside and out. No tellers. plus the manager told me last week she is under a FCUA , their NDA.

Member: If all of the banks are getting so many wealth managers, does that not tell us something, because right now there are more poor people than wealthy.

Member: Been doing some research on the QFS…and discovered the quantum computer  technology necessary for launch are still being developed and would be several years before its ready to function.

MZ: its way beyond that and being used day to day as we speak. They are getting it to work with the legacy banks (older banks) 

Member: Still looking forward to Christmas in July

Member: Thanks Mark and mods…everyone enjoy the rest of your evening

Member:  Emerse yourself in the feeling that comes with the wish fulfilled...gratitude...

Markz will be on rumble on SATURDAYS ONLY so he can speak his mind. You will find him on YouTube during the week.