Saturday, August 19, 2023
Iraq ranks fifth among top 10 oil producers in 2022, 19 AUGUST
Iraq ranks fifth among top 10 oil producers in 2022
Shafaq News/ Iraq ranked fifth among the world's top 10 oil-producing countries in 2022, as revealed by Italian oil company Eni.
Eni's data showed that Iraq stood at the fifth spot as a top global oil producer, churning out 4.554 million barrels, with a compound growth rate of 5.4%. This marks an increase of 10.2% from 2021, which saw production levels at 4.132 million barrels, and a 9.8% rise from 2020's 4.148 million barrels.
The United States led the chart with an oil production of 17.850 million barrels in 2022, followed by Saudi Arabia in second place producing 12.416 million barrels. Russia took the third position, producing 11.088 million barrels, while Canada stood fourth with a production of 5.757 million barrels.
The United Arab Emirates ranked sixth, with 4.190 million barrels. China followed with 4.177 million barrels. Iran stood eighth with 3.577 million barrels, Brazil ninth producing 3.119 million barrels. Kuwait, in the tenth spot, produced 3.013 million barrels in 2022.
Al-Sudani affirms open investment opportunities in pharmaceutical sector
Shafaq News / Iraq's Prime Minister Mohammed Shia Al-Sudani emphasized that the investment landscape within Iraq's pharmaceutical production sector is now open for prospective investors.
The statement from Al-Sudani's office outlined his chairing of a meeting that included representatives from "Synagine Group" for cancer drug production, "Pakster" for renal dialysis solutions, officials from the National Health Factory within the Ministry of Health, and several advisors. The discussion focused on mechanisms to support the localization of the pharmaceutical industry in Iraq, involving both private sector collaboration and the National Health Factory.
During the meeting, Al-Sudani was briefed on detailed presentations showcasing the capabilities of the companies and their accomplishments in other countries. These companies expressed their readiness to transfer knowledge and technology to Iraq, in addition to supporting the establishment of a pharmaceutical industrial city that would attract companies interested in drug manufacturing. He emphasized that investment opportunities within the pharmaceutical industry are open to all companies, signaling the promising prospects in this sector.
Furthermore, the Prime Minister stressed the importance of full technology transfer throughout the stages of drug production. He emphasized that pharmaceutical factories should not limit their involvement merely to packaging and labeling, but should also actively contribute to the production process.
Al-Sudani warmly welcomed companies interested in operating within Iraq's pharmaceutical sector, an area of heightened government interest. He highlighted a series of earlier meetings with local and foreign producers, which resulted in a comprehensive set of measures. These measures include facilitating registration procedures, customs exemptions, and tax benefits for raw materials, equipment, and essential devices used in medical product manufacturing. The government is also prepared to ease loan provisions for establishing factories and expanding production lines.
The Prime Minister pointed to the pioneering and successful partnership between the private and public sectors, epitomized by the National Health Factory.
DINARLAND UPDATE, 19 AUGUST
Sandy Ingram
Article:
“Member of parliamentary finance accuses Iran of printing Iraqi dinar sand replacing them with dollars”
A parliament member is saying…Iran is reproducing Iraqi dinars in Argentina and then trading the dinar for U.S. dollars in Iraq before smuggling the money into Iran on a truck…Bottom line more banks in Iraq will be closed. Iraq’s currency has been compromised even more.
Mountain Goat
…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… an interview with Ali Alaq he told us the future vision of the Iraqi dinar…It is backing the dinar with GOLD! WOW!!! no longer just the dollar. Yes, we can definitely see the trend already to get the dollar out of Iraq. It is a process…
[via PDK]
Article:
“Sudanese and Mandalowi agree to speed up implementation of budget items”
They are talking about the economic reforms, the projects etc…they need to stop in-fighting and get this thing implemented. In this implementation they need to control their rates. Exchange rates, parallel markets etc…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.
"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 19 AUGUST
Frank26 (KTFA)
What is the reason why we do not have the new exchange rate of the Iraqi dinar, the lower denoms, why? …criminals…the corrupt…thieves…Iran…This is the perfect timing to remove Iran influence.Did you not see the money exchanges that are owned by the Iranian politicians closing up? Do you not see the banks that are owned by the Iranian politicians being closed up? Do you not see Iranian politicians being arrested? In fact do you not also see Iraqi politicians being arrested ?
[Iraq boots-on-the-ground report]
FIREFLY: The CBI is back on television again…saying the CBI is in the middle of a battle fighting the dollar smugglers.
There is no delay in the monetary reform process. The monetary reform process plows forward with great success. This corruption cleaning equals a new exchange rate.
JUDY NOTES, 19 AUGUST
Headlines for Fri. 18 Aug. 2023:
- On Thurs. evening 17 Aug. the US Crypto Market crashed, while China’s giant Evergreen Real Estate took out bankruptcy – either of which could result in a global financial crash – expected by Tues. 22 Aug.
- On Mon. 21 Aug. President Trump will Tweet “My fellow citizens, a storm is brewing” that will activate GESARA/NESARA and unleash Global Martial Law. After which seven EBS text messages will be sent out alerting to tune in to TV, radio or phone.
- Tues. 22 Aug. a Global Financial crisis including a crash of the New York Stock Market could happen, while Tier 4b (Us, the Internet Group) could receive notification to set foreign currency exchange and Zim Bond redemption appointments.
- Tues. 22 Aug. Wed. 23 Aug. and Thurs. 24 Aug. was the BRICS Summit where major financial changes affecting countries across the World will be announced.
- The Global Alliance Military will instigate Global Martial Law and shut down all media, internet, phone and TV programs. Emergency services will still work, while the Internet and ATMs will not work during that time, and phones will only work if you call 911.
Global Currency Reset:
- Thurs. 17 Aug. MarkZ: “I have been assured Iraq plans to finish in the month of August and bankers are still looking at around Sun. 20th Aug.”
- Bruce: On Thurs. 17 Aug. or Fri. 18 Aug. Bond Holders were to receive new NDAs. They had to sign and return those NDAs to Wells Fargo by Fri. night 18 Aug. They would receive emails Sat. 19 Aug. that would give them access to funds on Mon. 21 Aug. or Tues. 22 Aug.
- Fri. 18 Aug. Texas Snake: “Some very positive steps are being taken behind the scenes which all point to a very positive week upcoming. Hang in there, folks.”
- Fri. 18 Aug. Wolverine: “Wells Fargo Bank has received the cash release codes. The redemption of financial instruments has just begun. The global launch of the funds has just taken place in all parts of the world, marking the beginning of Redemption’s registered global asset redemption program. Clearance from Reno arrived at 9pm. On Sat. 19 Aug. from 11:00 a.m. to 2:00 p.m. will be the calls for direct managers”
- Fri. 18 Aug. RV Highlights Mike Bara: “Latest I just heard: Mon. August 21st, Iraq links with gold or a gold backed currency and drops the dollar. Bankers see it when they wake up Tues. August 22nd, Iraq makes some kind of announcement on Wed. Aug. 23rd. Not sure it will be that dramatic, but there will be an announcement.”
- Bruce: Tier4b (Us, the Internet Group) should receive notification for appointments and begin to go in for those appointments on Tues. 22 Aug. or Wed. 23 Aug.
- The fiat US Dollar can be used in US, Canada and Mexico for the next three months.
- Tues. 22 Aug. Wed. 23 Aug. and Thurs. 24 Aug. is the BRICS Summit where major financial changes will be announced.
- Texas gold backed currency goes into effect Fri. 1 Sept.
- Thurs. 17 Aug. Bitcoin, Ethereum Flash Crash Triggers $800 Million in Liquidations – Decrypt and had a One $ billion crash: https://decrypt.co/152872/bitcoin-ethereum-flash-crash-triggers-800-million-liquidations
- Tues. 22 Aug. Wed. 23 Aug. and Thurs. 24 Aug. is the BRICS Summit and major financial changes will be announced.
- Approximately 85% of countries around the world will be part of BRICS and have their own gold/asset-backed currency.
- by JUDY
Friday, August 18, 2023
Economic: Controlling the exchange of the dollar is not done through forceful methods and strict measures, 18 AUGUST
On Friday, Muhammad Al-Saadi, an expert in economic affairs, clarified that controlling the exchange rate of the dollar in the parallel market does not require arrests or forceful measures. Instead, it requires a technical solution that can strengthen the position of the dollar and support the dinar.
According to Al-Saadi, the government has taken the appropriate action by using legal prosecution against speculators. This is a necessary first step to resolve the disparities between the official and parallel markets for exchanging dollars.
He stated that technical and financial decisions must be made to increase the avenues for currency sales and enable citizens to make limited purchases by implementing restrictions or prerequisites.
He pointed out that citizens often suffer from exchange and high prices before merchants do. This is because merchants have started using the official platform to obtain dollars while citizens still struggle to get them. Some citizens even face difficulties buying cars in dollars. The government could help by opening a window to sell dollars to those who want to buy a car, as long as they provide an official purchase contract as proof of their intention.