Indomie is beyond need and fraudulent Iraqis… A detailed presentation of Al-Alaq’s statements about the dollar crisis
The Governor of the Central Bank, Ali Al-Alaq, presented, on Wednesday, a detailed presentation on the exchange rate crisis, and controlling the critical balance between dollar supply and demand for it. “Finance we will not print dinars except under conditions.”
Al-Alaq said, in the presence of a number of representatives of media institutions, that international financial agencies have investigated “strange imports,” including large quantities of indomie, even the US Federal Bank asked about the fact that “Iraqis love indomie so much.”
Al-Alaq ruled out the central bank’s resort to printing the dinar to secure the budget’s need, “unless we get an equivalent foreign currency.”
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The international coalition reveals the reason for the movement of its military forces in Iraq
Baghdad - Iraq Today:
The international coalition to fight ISIS revealed the reasons for the movements of its forces inside and outside Iraq, noting that they are "standard and routine operations."
"Coalition service members from the Tenth Mountain Division have replaced service members from the Ohio State National Guard," the coalition said in a statement.
"This operation is part of the planned rotational replacement of troops in support of CJTF-Operation Inherent Resolve over the past month," he said.
The coalition noted that the official transfer of responsibility ceremony at Erbil Air Base "took place on August 15, 2023," noting that "in order to redeploy the unit whose scheduled deployment period expires, service personnel in the unit to be replaced must be ready and ready to take charge."
The replacement "includes those equipment belonging to the unit", it said.
These operations are "normative and routine, conducted in a deliberate, planned and carefully coordinated manner with security partners", the coalition said.
"During the replacement and rotation of these forces, the movements of troops, vehicles and equipment inside and outside Iraq take place," the statement said, adding that "these logistical movements are necessary to support the coalition forces."
The Coalition stressed that CJTF-Operation Inherent Resolve "will remain committed to achieving the enduring defeat of Daesh and will continue to advise, assist and empower partner forces through routine disruption and rotation operations."
Here is what was told to me by my CBI contact when I asked these questions yesterday on my weekly call to Iraq:
“As of April 17, 2021 • Basel III rules move physical gold from being considered a Tier-3 asset to being considered Tier-1, which allows physical gold in bullion form to be counted at 100% value for reserve purposes.
All forms of gold, including physical, are required to be at least 85-percent funded with Tier 1 capital in accordance with the Net Stability Funding Ratio (“NSFR”) introduced in Basel 3”.
Remember that Tier 1 capital is not just Gold.
So there is not definitive ration for only Gold to total Tier 1 assets.
I was also told: “that the 113 billion in reserves, the CBI keeps bragging about, is all in US dollars today in the JPMorgan Chase Bank, N.A in NYC and does not include the billions of Gold reserves, which is additional.
Even though Ali Alaq makes reference to backing the dinar with US dollars he knows this is not a safe way to back the dinar in the long run and this will change to a mixture of a foreign currency basket of 6 developed countries.”
In 2011 the plan for the dinar was outlined and included eventually going to a basket of 5 currencies and not just solely the US dollar.
They told me there is now 6 currencies in the basket.
What does all this mean to us as investors?
It means that the CBI is still on track with the 2011 plan and is moving ahead with it.
By reserving gold, they are moving to meet the Basel 3 rules.
So once again the news, if you were paying attention to an article of an interview with Ali Alaq, he told us the future vision of the Iraqi dinar.
It is backing the dinar with GOLD!
No longer just the dollar.
Yes, we can definitely see the trend already to get the dollar out of Iraq.
It is a process.
So, first Alaq says that today they back the dinar with the billions of reserves, which is the dollar.
Then he talks about the future where it will be backed by GOLD not the Dollar.
He says Iraq has 132 tons of gold.
So how much is that in equivalent dollars?
Let’s see if we can figure it out.
1 ton = 2,000 pounds
1 pound = 16 ounces
1 ounce of GOLD is valued at $1,896 (market price) example only
$30,336 per pound
$60,672,000 per ton
Iraq has about $8,008,704,000 billion worth of GOLD
What else is in the news?
Looks to me like Iraq is working with the WTO now since it has joined it and has been working with all along.
I quote from today’s article- “the center will provide to Iraq, with a diagnosis of challenges and work to support Iraq’s accession to the World Trade Organization by providing technical and legal advice and supporting trade policies to align with international standards.”
More proof that Iraq is part of the WTO and is in full accession.
I quote from one of the articles today that just about sums up all of today’s articles on the subject matter:
“Iraq has made strides implementing U.S. dollar supply restrictions targeting Iran but faces an uphill battle with a banking system unaccustomed to strict oversight and persistent currency smugglers, central bank governor Ali al-Alaq said.”
“It is really a battle, because the people benefiting from this situation and those harmed (by the new measures) will try in various ways to continue their illegal activities,” Allaq said in an interview with Reuters.”
We wait for more news on the progression of the currency reforms being instituted by the CBI and the coming second “official” rate change to around 1000.
But they are not there yet and I do not expect this will take too long now that the budget is release.
Thank you MarkZ for all your time, and encouragement daily….. PDK
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
Member: Good morning everyone. Love Peace and Joy to all.
Good morning Mark, Mr. Cottrell, and all the fam!
Member: I cannot believe we are at another weekend already…wow
MZ: No huge runaway RV news guys. “Sudanese and Mandalowi agree to speed up implementation of budget items” They are talking about the economic reforms , the projects ect……they need to stop in-fighting and get this thing implemented.
MZ: In this implementation they need to control their rates. Exchange rates, parallel markets ect……so to me, this was a very encouraging article…they need to go sooner rather than later to get these reforms done. …with a concerted effort from the various blocs to make it happen.
MZ: “Bitcoin, Etherium flash crash triggers $800 million in liquidations” somebody triggered a run or a flash by dumping….most likely a wallet held by the US government……at least that’s what most crypto experts believe…..that the US government tried to flash crash cryptos yesterday….that’s what the indicators based on the wallets are……just .don’t panic.
MZ: Now this is an absolutely huge piece…pay attention. “ China’s Evergrande files for bankruptcy in New York” This is chapter 15- they are trying to get protections from liabilities. Also filing for bankruptcy protection was another big Chinese company yesterday.
MZ: This is enormous and lets us know how troubled the Chinese economy is. If China implodes…Europe implodes. European banks have huge holdings in China. Once that happens….because the US has huge holdings in Europe…..then the US will crash. There is a domino effect…..So who crashes first???
Member: looks like the market meltdown is here
Member: The old system has to crash to bring in the new QFS……come on RV
Member: I always thought right after the markets close of Friday nights was a good time to pull the trigger. Then we exchange over the weekend when the normies are not paying attention….just a thought …..
Member: Good thought. And remember the BRICS summit starts next Tuesday with over 40-60 countries clamoring to join them. Still hoping they announce a new international gold backed currency next week….. Events for the RV may be waiting for that??
Member: I listen to higher source everyday and according to the intel August 21 seems to be good for us
MZ: We will have MilitiaMan on Mondays podcast if we have not already crossed the finish line. We will get his take on where we are at based on fundamentals.
Mr. Cottrell joins the stream today. Please listen to the replay for his information and opinions.
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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.
Member of Al-Fateh: Parliament is on the verge of heated debates regarding the oil and gas law
8-17-2023
Member of Al-Fateh - Parliament is on the verge of heated debates regarding the oil and gas lawInformation / Baghdad..
A member of the Al-Fateh Alliance, Ali Al-Zubaidi, stressed, on Thursday, the need for the oil and gas law to be well prepared before it is presented in parliament, in order to avoid political tensions that may occur and impede the legislation of the law under the dome of the House of Representatives.
Al-Zubaidi told Al-Maalouma, “Parliament may be on the verge of heated discussions regarding the oil and gas law, especially since there are some objections that often occur when trying to introduce the law.”
He added, “The aforementioned law has been postponed for a long time as a result of the escalation of political differences around it, which necessitates preparing the law correctly so that it is fair to all and makes the center the main engine for this law by distributing wealth to everyone without prejudice to any province, whether in the region or outside it.”
And he indicated that “some oil fields outside the borders of the region have been controlled during the period of the terrorist ISIS, as tanks move from them to be sold for the benefit of the region and the family of Massoud Barzani in particular.”
Al-Zubaidi pointed out, “This matter requires a solution to this problem through the oil and gas law, so that the distribution of wealth to everyone is normal.”
almaalomah.me
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The Minister of Oil holds a meeting to discuss the draft oil and gas law
17/08/2023
The Minister of Oil holds a meeting to discuss the draft oil and gas lawToday, Thursday, the Ministry of Oil organized a meeting of the working group tasked with preparing the draft oil and gas law.
The meeting was chaired by the Ministry’s advisor for administrative, legal and oversight affairs, Hamdan Awijel, and the meeting included a number of officials in the oil companies and departments of the Ministry’s headquarters.
And the Ministry of Oil stated in a statement, NRT Arabia received a copy of it, that “the meeting aims to discuss the preparation of a draft oil and gas law, and to work on crystallizing a professional national vision that achieves the goals of optimal investment of oil wealth to serve the public interest.”
And the Prime Minister, Muhammad Shia Al-Sudani, had directed in early August to form a ministerial committee that would supervise the technical dialogues between the Federal Ministry of Oil and the Ministry of Natural Resources in the region, as well as inviting the governors of the oil-producing provinces of Basra, Maysan, Kirkuk and Dhi Qar. And the general managers of government oil companies for the ongoing technical dialogues regarding the draft oil and gas law, provided that these dialogues are followed by the completion of the political dialogue to agree to present the draft law.
Al-Mandalawi and Al-Sudani agree to expedite the implementation of the budget provisions
Mohsen Al-Mandalawi, the First Deputy Speaker of the House of Representatives, and the Prime Minister, Muhammad Shia’a Al-Sudani, have mutually agreed to accelerate the implementation of the tripartite budget items, with specific focus on service and strategic projects, as well as the procedures for their execution and monitoring.
Today, on Friday, Mandalawi’s media office issued a statement stating that this information was discussed during their meeting.
According to the statement, both parties emphasized the need for ongoing coordination between the legislative and executive branches. The goal is to speed up the creation of strong laws that benefit citizens and meet their needs. They also emphasized the importance of laws that promote economic and investment development, revive the industry, and create suitable job opportunities for young people.
Hanan Munther Nassif, Director General of the Iraqi Facts Department at the Ministry of Justice, recently announced the release of Instructions No. (1) for the year 2023. These instructions aim to simplify the implementation of the Federal General Budget Law of the Republic of Iraq for fiscal years (2023-2024-2025), as stated in No. (13) for the year 2023. The announcement was published in the Al-Waqi newspaper at the beginning of August.
The financial budget for the next three years (insert number_1) was voted on by the Iraqi parliament on June 12. The budget has a value of 198.9 trillion Iraqi dinars ($153 billion) each year.
Debido a que hay un registro que aprendimos ayer, creemos nuestra propia lÃnea de tiempo, de modo que el jueves o el viernes, los BH deben recibir NDA nuevos, los obtienen y tienen que devolverlos digitalmente y hacer que sus PM los firmen de regreso a la sede WF y esas devoluciones por los Vendedores de Bonos tienen que regresar el viernes por la noche. Recuerde que esto es T3 y reciben sus correos electrónicos el sábado del bono PM, para darles acceso a los fondos el lunes o el martes.
Sucederán muchas cosas la próxima semana y durante el fin de semana, asà que el fin de semana primero, para ir al 22, 23 24, esa es la cumbre BRICS y cada paÃs, como paÃs soberano, tiene su propia moneda de oro y esto para la membresÃa tiene que estar respaldado por activos. . Y eso ha estado sucediendo y el número de paÃses está aumentando del 85 al 88% de los paÃses. Entonces, para los paÃses originales, mira cuántos más se han agregado. Asà que eso está configurado y les dije el martes que parece ser un cronograma que necesitamos para hacer todo lo que estamos haciendo antes de eso. Asà que pasamos y hacemos esto para el sábado y escuchamos que el presidente Trump recibirá invitados de varios paÃses: Rusia, China, TurquÃa, Indonesia e Irak vienen con una delegación y mucha seguridad y se reunirán durante el fin de semana y eso es un gran problema. .
Because there's a record that we learned yesterday, we create our own timeline, so on Thursday or Friday, BHs should get new NDAs, they get them, and they have to send them back digitally and have their PMs sign them back to the WF headquarters and those returns by the Bond Sellers have to come back on Friday night. Remember this is Q3 and they receive your emails on Saturday from the PM bonus, to give you access to the funds on Monday or Tuesday.
There's going to be a lot going on next week and over the weekend, so weekend first, to go to the 22, 23, 24, that's the BRICS summit and each country as a sovereign country has its own gold coin and this for membership it has to be backed by assets. . And that has been happening and the number of countries is increasing from 85 to 88% of the countries. So for the original countries, look at how many more have been added. So that's set up and I told you on Tuesday that it seems to be a schedule that we need to do everything that we're doing before then. So we go through and do this for Saturday and we hear that President Trump is hosting guests from various countries: Russia, China, Turkey, Indonesia and Iraq are coming with a delegation and a lot of security and they're meeting over the weekend and that's a big problem. .
But suffice to say that this will all happen before Monday which is a big day for the world and I think President Trump will make 3-5 announcements and I think these are major announcements about one that will be NESARA sometime on Monday and Next up on our new asset-backed currency, the USN or USTN. And also the Fiat that we have now, which is going and has practically gone internationally, but only for a few countries. So it will be used in the US for another three months so if you have tons of Fiat you might want to spend it or trade it in for the new notes and we hear from the banks those new notes are coming out next week .
Banks already have them and will use them when directed, so those two announcements on Monday. Three other possible ones are political, but I don't know what they are about. Now how will this all turn out? It seems to me that something as important as NESARA and Gesara should come out at the same time and so should our new currency. Come out and we'll all know about that Monday and then the political stuff. How, I think they'd have to use something MSM-wide to cover it, and MSM haven't kept up with reporting the truth. And remember we have the EBS/EAS and the new EWS, so it's possible for that to happen with the EWS.
Bruce went to take a call, I think.
Sorry, I got a pertinent call about political ads. I wouldn't be surprised if they used one of those older systems to spread this news and if MSM doesn't get this accurately I'm sure the military could get hold of them. And I think we could have early disclosure after these announcements soon after and I'm excited because after those announcements, generally speaking, when President Trump announces something, it's already happened. Those announcements could trigger our emails and possibly Monday, but more likely Tuesday, and set our appointment for Tuesday night or Wednesday, so Q4 we're on next Tuesday, Wednesday, and on the 22nd a lot of things will start and somewhat sensitive, so I can't bring but it will happen a lot on Tuesday/Wednesday/Thursday.
I know we have a very good situation with the rates and the Zim and they have a fixed rate on the Dinar and a planned rate on the Dong that we may have and the rest will just be the front screen rate.
What is Iraq going to do? They are going to announce their international rate on Sunday from here with their PM and also the HCL could be done on Sunday or Wednesday. Bruce just stopped talking again and there's no sound. Well, you're back and you need to make a change to the system. The other thing intelligence-wise is this is a very big week for us and big stock changes on Tuesday or Wednesday and we've heard we're going to be on a new system, the QFS and all that's coming up. . that I have been looking for will start on Tuesday and I think because the BRICS will be on and there could be a preliminary meeting and I think a lot will come out of these announcements. And now Bruce has gone to talk about Sue and her shows.
Again, I think this is our intelligence segment for tonight and it looks like it's going to be a REALLY EXCITING WEEK FOR US NEXT WEEK. I'm sure Bruce will thank Sue, Bob, GCK, Pastor Scott, Jeannie and Larry, as well as today's faithful listeners around the world. And always, without fail, pray the call: pray with Bruce and also until this Heavenly Blessing is finally received in our lives and in the world. Pray with sincere intention. The world needs it badly. Even Bruce is again thanking everyone around the world for listening tonight so this could be the last regular call, Bruce says this looks solid for next week.
IRAQ IS DISCUSSING ITS ACCESSION TO THE WORLD TRADE ORGANIZATION
Today, Wednesday, Iraq discussed its accession file to the World Trade Organization.
A statement by the Ministry of Commerce, received by Earth News, stated that “Minister Atheer Al-Ghurairy met, in his office today, Wednesday, with experts from the United Nations Trade Center, the WTO organization, representatives of the World Food Program and the European Union, to discuss a formula for joint action to support the process of Iraq’s accession to the World Trade Organization, in the presence of the economic agent, Ghassan Farhan. Hamid and Director General of the Department of Economic Relations.
Al-Ghurairy stressed, “The government’s keenness, within its program, to communicate with countries of the world and discreet international organizations to benefit from its expertise in developing the Iraqi economy, which, after 2003, turned to a market economy through support and attribution with its expertise to take practical steps in this aspect.”
He continued, “Iraq needs to diversify its economy in a flexible manner, such as the agricultural, industrial and investment sectors, and for Iraq’s accession to the World Trade Organization to be useful as one of the tools for building a market economy within the standards of the global market and a tool to achieve reforms and decisions to implement these measures.”
The minister indicated, “His ministry is responsible for domestic and foreign economic policy and is continuing to work with steps and programs to implement this within its ministerial curriculum and at the specified times.”
The statement pointed out that “Trade Center experts reviewed their work in assisting countries with economic policies, with a focus on business and the accession of countries to the WTO organization, noting that they” have been working in Iraq for three years, with the aim of strengthening trade policy in Iraq and developing the institutional capabilities of the relevant ministries.
The Ministry of Commerce is fruitful and advanced in this aspect, in addition to achieving sustainable development goals, enhancing the capabilities of the private sector and small, medium and micro projects directed to local markets, supporting youth projects and increasing their skills. This is a great challenge to be the first to adopt reform in legislation, and we are ready to provide technical support and advice to expedite the completion of many accession files.”
The statement concluded, “Views were exchanged on the possibilities of support that the center will provide to Iraq, with a diagnosis of challenges and work to support Iraq’s accession to the World Trade Organization by providing technical and legal advice and supporting trade policies to align with international standards.”