Economic Proposals To Reduce The Differences Between The Official And Parallel Dollar Price, 31 AUGUST

 Economic Proposals To Reduce The Differences Between The Official And Parallel Dollar Price

Information / Baghdad...The researcher in economic affairs, Muhammad Al-Saadi, explained how to reduce the differences between the official dollar exchange rate and the one sold in the parallel market through government procedures and decisions.

Al-Saadi told Al-Maalouma, that "there is a commission that exchange companies receive when buying and selling dollars, and it is assumed that there will be a commitment to the specified commission according to the Central Bank's policies."

He added, "The competent authorities can reduce the demand for the dollar by reducing money transfers and pushing for imports through documentary credits, so that the process of obtaining the dollar at the official price takes place smoothly, away from any complications that push the merchant to resort to the black market."

And he indicated that "there are many options available to the government in order to reduce the withdrawal of the dollar from the markets, especially the parallel one, impose control and monitor any cases of manipulation or speculation, and support the dinar in the local markets, as well as providing more facilities for merchants to push them towards registering on the electronic platform in order to obtain dollars in order to import their goods. LINK

A Parliamentary Committee Reveals The Latest Developments In The Oil And Gas Law: 4 Dimensions In Front Of Its Legislation

Time: 08/31/2023 Read: 2,496 times  {Economic: Al Furat News} The Parliamentary Oil, Gas and Natural Resources Committee revealed that the draft oil and gas law, which has been stalled for years, is still "in the process of writing its draft."

Committee member Sabah Sobhi said, in a press statement, "The draft oil and gas law is still in the process of writing its draft, which is the first stage in enacting any law. This law needs a comprehensive political consensus, as it is a sensitive law that needs deep study and discussion by the parties." political".

He added, "The law includes many dimensions, the most important of which is the economic dimension, which is the most important, because the enactment of this law leads to the restructuring of the Iraqi economy, and the second dimension is the legal one, because until now there is a legal vacuum with the existence of a constitutional article related to oil that requires the enactment of a law of its own."

He continued, "As for the third dimension, it is political, given that the issue of the oil commodity is very important from a political point of view, as it is the main revenue on which the economy and the Iraqi state depend, because 90% of the country's budget depends on oil imports, so we need to legislate this law, and another after It is the technical dimension because oil is full of techniques from exploration until we reach sale, so we are in the process of enacting an important, complex, sensitive and fateful law for Iraq.

Many explain the reason for the delay in enacting the oil and gas law to the political dimension that is governed by consensus between the parties to the political process, while relying on the law being approved in the current parliamentary session if it is completed by the government.

It is noteworthy that Prime Minister Muhammad Shia' al-Sudani held a meeting on the second of August to discuss the draft oil and gas law, and witnessed the review of the latest drafts of the draft law, its details and clauses. In the meeting, al-Sudani affirmed that "the draft oil and gas law is one of the basic and important laws, and the law is part of the commitment to the ministerial curriculum. " to his government. LINK Parliamentary Oil: The Oil And Gas Law Is Still In The Process Of Writing Its Draft Energy Economy News _ Baghdad Although years have passed since the talks about the oil and gas law and the arguments about it, it is still a draft of the government and has not been completed yet. It is being relied upon that the law will be approved in the current parliamentary session if it is completed by the government. A member of the Oil, Gas and Natural Resources Committee in the House of Representatives, Sabah Sobhi, said, in an interview with “Al-Sabah” followed by “Al-Iqtisad News”, that “the oil and gas law is still in the process of writing its draft, and it is the first stage in the legislation of any law, as this law needs political consensus.” Comprehensive, because it is a sensitive law that needs deep study and discussion by the political parties. He added, “The law includes many dimensions, the most important of which is the economic dimension, which is the most important, because the legislation of this law leads to the structuring of the Iraqi economy, and the second dimension is the legal one because until now there is a legal vacuum with the existence of a constitutional article related to oil that requires legislation of its own law.” And he continued: “As for the third dimension, it is political, given that the issue of the oil commodity is very important from a political point of view, as it is the main revenue on which the economy and the Iraqi state depend, because 90% of the country’s budget depends on oil imports, so we need to legislate this law, and another after It is the technical dimension because oil is full of techniques from exploration until we reach sale, so we are in the process of enacting an important, complex, sensitive and fateful law for Iraq and for the parties involved in the issue of oil production, since this commodity is linked to the producing region and provinces and it has rights and obligations at the same time Therefore, there must be a conscious and practical view that is compatible with the Iraqi federal constitution.” And Sobhi indicated, “The law is still with the government until now, and there is no official draft by the government, and what is currently in circulation is the draft that was written by the Iraqi Federal Ministry of Oil, and it came from only one party, and this draft must include the ideas of the Kurdistan region and the oil-producing provinces as well.” So that it is integrated and can be discussed in the Council of Ministers and voted on, and then sent to Parliament and work on it. He stressed, “The law is sensitive, and if a political agreement is not reached on it, it will be the same as the previous sessions, but we believe that the current session will be decisive for the law.” He added, “It is true that the conditions are not appropriate for the issuance of the law; But the will of the Prime Minister and the Prime Minister of the region to issue the law exists in order to overcome the problems that Iraq suffers from regarding oil ». 

https://economy-news.net/content.php?id=36088

Zainab Juma al-Mousawi, a representative of the Sadiqun parliamentary bloc, calls for Iraq’s accession to the “BRICS” , 31 AUGUST

 Zainab Juma al-Mousawi, a representative of the Sadiqun parliamentary bloc, calls for Iraq’s accession to the “BRICS”

2023-08-30

Zainab Juma al-Mousawi a representative of the Sadiqun parliamentary bloc calls for Iraqs accession to the BRICSToday, Wednesday, the representative of the Sadiqoon Parliamentary Bloc, Zainab Juma Al-Mousawi, called on the government to submit a request to join the international BRICS group.

Al-Moussawi said in a statement, “Part of the importance of the BRICS group is its possession of oil, wheat, and widely used minerals such as iron, or rare metals used in technological industries.”

She added, “Iraq’s accession to the BRICS group, similar to the accession of Arab and regional countries, comes due to its utmost importance for the Iraqi economy in getting rid of the dominance of the US dollar and liberating the country from Washington’s financial and trade restrictions.”

She pointed out that “the BRICS group has become one of the most important economic blocs in the world, due to the growth figures achieved by the countries of this bloc over the years, which has made it the focus of attention of many other countries.”

It is noteworthy that the BRICS group and the countries currently under its banner, which are Russia, China, India, Brazil and South Africa, present themselves as an economic bloc that seeks to break the dominance of the West over the global economy, and many economists expect that it will be a symbol of the fastest growing economies in the world in the near future.

BRICS is a global economic bloc whose idea began in September 2006, when the first meeting of the foreign ministers of Brazil, Russia, India and China was held on the sidelines of the United Nations General Assembly in New York.

This group has become one of the most important economic blocs in the world, due to the growth figures achieved by the countries of this bloc over the years, as it aims to become a global economic power capable of competing with the Group of Seven (G7), which accounts for about 60%. of global wealth.

burathanews.com

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 31 AUGUST

 Frank26 (KTFA)

[Iraq boots-on-the-ground report]

FIREFLY: There’s more meetings behind closed doors with high ranking bank officials across the board. Everybody you can think of is there with the World Bank and the CBI. This is two days in a row bank official are here.

FRANK: …They are talking about the new exchange rate…Sudani is telling all foreign investors Iraq is a great investment.  He’s telling them to invest inside Iraq…

FIREFLY: The CBI governor has met again with parliament…They talked about the exchange rate…They actually told them about the exchange rate and the rise of the dollar and the struggles it has to overcome this dollar dominance. They presented solutions yet saying the dollar is going to be forbidden and the stability of the dinar is a major concern.

FRANK: Yeah, you know what the solution is and you know the stability will come because of the solution.

FIREFLY: Two urgent decisions have been made to enhance the ability of the dinar against foreign currency.

FRANK: IMO those two are your new exchange rate and lower denomination notes.

JUDY NOTES, 31 AUGUST

Global Currency Reset:

• Wed. 30 Aug. TNT Call:  Sometime Tues. 29 Aug, the 72 hours to Global Currency Reset completion was started.  All financial establishments were given 72 hours. Later on, three letter agencies thought it would happen in the next 24 hours. On Wed. 30 Aug. all countries involved were at the UN discussing everything, including that it could happen as soon as Wed. evening. Last Mon. they told us Wednesday morning or evening. I checked with Banks in Florida, Atlanta, Illinois and Washington State. They received the same memo – that it would be anywhere between Wed. afternoon and Friday. All were excited at all levels. This was our final week, down to our final hours.
• Tues. 29 Aug. Bruce: Bond Holder emails should come out Wed. 29 Aug. with access to funds on Thurs. 30 Aug. Tier4b (us, the Internet Group) will be notified to set redemption/exchange appointments within 24 hours of Bond Holder notification. On Tues. 29 Aug. a Treasury person on a Zoom call said Tier4b should be notified to set appointments on Wed. 30 Aug. or Thurs. 31 Aug. and start exchanges on  Thurs. 31 Aug. or Fri. 1 Sept.
• Wed. 30 Aug. MarkZ: Bond people were still expecting contracts at any time. On Fri. night 25 Aug. a couple of humanitarian projects received full funding.
• Mon. 28 Aug. Texas Snake: On Wed. 30 Aug, very positive news about appointment notifications possibly being released. A banker was told to have all his trained exchange personnel at their exchange locations starting Wednesday and forth going.
• Charlie Ward: “Months ago everything was completed for the Global Currency Reset, it just hasn’t been announced. The BRICS nations, BRICS bank and QFS have been fully trading in gold-backed digital currency for 8-9 months.”
• Wolverine claimed that on Fri. 18 Aug. Wells Fargo Bank received the cash release codes and the global launch of the funds took place across the Planet, marking the beginning of the registered global asset redemption program.
• The Global Currency Reset appeared to be announced on Tues. 22 Aug. 2023 when the BRICS Summit launched BRICS Pay, a decentralized multicurrency digital international payments system. https://www.brics-pay.com/.

BY JUDY

FRANK26…8-30-23…….WAIT FOR IT

BRUCE'S BIG CALL, 30 AUGUST

 Bruce’s Big Call Dinar Intel Tuesday Night 8-29-23   REPLAY LINK   Intel Begins 1:16:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHfFT

Welcome, everybody to the big call tonight - it's Tuesday, August 29th and you're listening to the big call. Welcome everybody all over the globe. I don't know what our reach is tonight. But hopefully we're getting it out there where everybody can pick this up. And we're excited to be here tonight. There's a lot going on as you can imagine - with Bob and several of our people obviously in Florida and other parts of the deep south that have that are in this path of Idalia - Idalia, the hurricane it’s a force 2 hurricane already, and it could elevate to a force 3 or 3+ by the time it makes landfall tomorrow - mid to late morning, I think unless it really accelerates through the night. Alright guys, here you go. You know a lot of people have told me, this will be your last call Bruce. That was your last call - This was your last call - All of that, like what I’ve heard it a dozen times – But I'm gonna say this very well could be my last call. I would say this though - Thursday, might not be a normal call - If we even have a call - it could be a “celebration” call. But I'm gonna tell you why. Because Intel wise, everything is moving in the direction we want it to move. Bondholders received information, even today - yesterday and again today. We received information that says that the bond holders emails should come in tomorrow and that should give them access to funds on Thursday. Remember, Thursday 31st of August. So that's where the bondholders stand – Now we are closely tracking them because we’re supposed to be pretty much on a shotgun start with them and or not much more than 12 hours after they get notified we get notified unless it happens - it could happen at the same time - So let's go to where we are. There’s not that many of us out there In big call universe that are bond holders - most of us are currency holders. The bonds that we have are bearer bonds, which is zim currency as you guys know, on the note it says payable to the bearer. So they're being traded / treated like bearer bonds. Okay in terms of timing, there have been meetings yesterday and today that have been big meetings with redemption center and some of the top bank personnel. Today's meeting was morning meeting that started at 11 o'clock Eastern until about two o'clock right through the lunch hour - And it was a national meeting - So it started at 8am pacific time on the West Coast. And at this particular meeting had a top tier treasury person on the call, I'm going to call it a zoom call - but this particular information that we received, We actually had it prior to this call, but the call verified it to us. We got it last night from another couple of sources and the gist of it is that we should be notified by tomorrow which is Wednesday or Thursday, which is the 31st. And we should start our exchanges either Thursday, or Friday, which is the first of September. The most recent information I've received is saying that we could very well start with exchanges on Thursday, the 31st - We might not even have to start exchanges on September 1 which is Friday. So that's really good news for us. It's been a long ride. I'm doing my best not to call it this is the information that we're getting from multiple sources. And it sounds very doable. Now. We've talked about we've tried out the regime change, political change here in this country. The latest information received today says that will happen Immediately once the RV which is what we call the revaluation of these currencies, the RV is activated when that happens. And the new administration will be coming as part of NESARA - which NESARA may come out as early as the first of September. NESARA - GESARA all of those things that are tied to it. Should I believe they're going to be coming out with some form of announcements - We've also heard that starting October 1st , the EBS Emergency Broadcast System, emergency alert system and EWS - the emergency wireless system should be activated – that will be on October 1st. Now that they hold up and be accurate, could very well be and that would be fine. But I think we should get some form of announcement about the USN which should kick in on Friday the first of September because we understand that the US …. see currently our accounts that are currently in the banks - free exchange -right now have been mirrored on the quantum financial system. They've been mirrored so that we have the protection of the asset backing of the Treasury. However, on Friday, September 1st, we have the full integration of the quantum financial system where our accounts, our current accounts will be fully integrated quantum financial accounts that'll be the system - we'll be we'll be on it. And I did hear something else yesterday. That I think is very important. The past if you have online accounts which most of you have your accounts where you can see your accounts online. consider changing your password Between now and second of September. In other words by Monday or Tuesday at the latest. We have that date right? No by Friday, Friday or Saturday, the first or second of September because our accounts when they're integrated to the the starling satellite system for the quantum financial system - our old passwords will not transport so we need you need to be considering putting in a new password. Go ahead and do it tomorrow. Go ahead and do it change your password and put it in there for your existing online bank accounts. Okay. All right. That's what I was hearing to do. And I think I’m glad that I brought that out to you. So that's what's happening with our quantum financial system with the USN - and what came out of BRICS conference which went long by the way it went through Saturday evening. What happened on BRICS was the 6 new countries were admitted into the BRICs. Many more countries that want to be aligned - they are beginning to de dollarized for the USD or fiat currencies. I don't think it's completed but it's in process and most important pieces that the BRICS nations have to all mint and print. They have to mint new coinage for each country and they have to print new currency for each country. Okay, so mint and print, they have until the first of January before that currency will be utilized, or they have to have it done by January 1 2024. Now, in our case, we've been printing our USN currency for years now. And we have it in the redemption centers. They've been reminting coins. And you know, that's why there was such a shortage of change at so many stores - remember for so long, six or eight months ago, and so they were taking the silver out of our old coins and using it to mint our own coins. That's what it's all about. Okay, so we already have our USN in the redemption centers and its my belief is it's already in the bank vaults. in most cases available, they will use that. I don't know if they'll wait till after Labor Day, or bring this out over the weekend - I don’t care - Really, it doesn't affect us. If we want the new cash, the new folding money put in our pocket money. We'll get it at the redemption centers and they want to limit us to around 6500 in cash. I don't know that we need that much anyway - as 2500 - 5 grand max is all I would take - So consider that - and it looks like everything is moving in the right direction. The only other thing I want to mention is to rebuild Maui - there's still some stuff going on over there. It's not good as of last Saturday. Look at the real rod news report from last Saturday. Read that - Real Rod News dot whatever it is. Okay? It's a it's a really important piece. And, you know, we're not you're not in fact, the press has not even allowed to go into that area of Lahaina . And it's probably a two or three mile long stretch on Front Street and further and it's not - I don't know that it's done yet. I mean, to where the rebuilding efforts - it's still kind of a rescue effort. And our good guys military - dropped off water and food and continuing to send supplies. The so called UN C 137 which was full of temporary housing 600 units. That was actually the White House it did that not the UN. It was purported to be the UN it was it was our people. So there's stuff happening, and we're working to try to get communication get contacts there with the local government, of Maui of the county and so on to try to see how we can best fit in and help Now I've heard of the five organizations that are taking donations for Lahaina - only one is legit. My personal feeling is I'm not giving any money At this point yet. Probably the money that I would give is the money that we go into our own rebuild project that we're going to do. Okay, thank you T for helping to initiate and to get that ball rolling over there in Lahaina But in the meantime, we've got hurricane Idalia on its way into the Gulf and that would be something else we have to keep an eye on because hopefully, the damage over that would be minimized. But hurricane path is gonna take us from North western Florida, possibly Apalachicola and that region, across the Panhandle into southern Georgia, and South Carolina and eastern North Carolina, North Carolina, South Carolina. Georgia, and obviously Florida have already declared states of emergency. So we want to be aware of that. And we don't want to continue to lift those people up that are in harm's way and believe for minimal damage in Jesus name and that's what we're going to do. Alright guys listen, this could be the last call. Maybe we'll do a call. It could be a celebration call we'll see. We'll see whether that comes to pass or not Well, listen guys, this is exciting. Intel is aiming to come together to bring this finally to fruition. We're excited about it. It looks like we could get notified tomorrow or Thursday. At some sources are saying we will start on Thursday or before the first which is the only day before Friday is Thursday. That's the day before so it does bring Thursday and tomorrow or Thursday for notifications are here Friday and Thursdays and the start our exchanges. So let's pray and call out. Thanks again for listening everybody. And everybody that's listening out there in big call universe. thank you for tuning in and listening again, And then otherwise, we'll be in touch with you by email, for our future plans, and any calls that we do will be on any podcasts that we do. Right, let's pray the call out.

Maintain exchange rate in cash by NADER FROM MID EAST