The Iraqi government says that it has fully implemented its financial obligations towards the Kurdistan Region, 8 SEPT

The Iraqi government says that it has fully implemented its financial obligations towards the Kurdistan Region, 8 SEPT

 Federal government spokesperson Bassem Al-Awadi announced on Friday that the government has fulfilled its financial obligations to the Kurdistan Region; however, the regional government has failed to deliver oil and non-oil revenues to Baghdad.

In a previous post on Twitter, Al-Awadi stated, “The federal government is equally concerned about the rights of citizens in Kurdistan Region as it is about the rights of citizens in other governorates.” He also added that adhering to federal laws and agreements, as per the constitution, is the most efficient way to complete transfers and improve financial stability and confidence.

The speaker mentioned that despite the regional government’s lack of commitment, the federal government decided to lend money to the region in accordance with the Federal Budget Law. The federal government also decided not to hold I raqi citizens in the region responsible for non-compliance. The loan was granted to the region until its financial issues are addressed in a fundamental manner.

According to Al-Awadi, the federal government has fulfilled its financial obligations to the Kurdistan Region and has put in great efforts to come up with solutions. As of June, the amount owed by the region was more than three times its share based on the state’s actual spending, while the regional government did not provide any oil or non-oil revenues.

On Wednesday, the Council of Ministers of the Kurdistan Region requested the federal government in Baghdad to release the financial benefits owed to the region as specified in the budget tables. They also appealed to the international community for support in ensuring that the Kurdistan Region receives its constitutional rights and financial entitlements in accordance with the constitution and the signed agreements.

On Thursday, Masrour Barzani, Prime Minister of the Kurdistan Regional Government, accused the federal government in Baghdad of violating constitutional agreements by failing to send financial dues to the region.

Barzani claimed in a blog post on X (formerly Twitter) that Baghdad’s refusal to pay their financial dues, as agreed in the federal general budget, violates the constitution, harms their citizens, and undermines confidence.

The BRICS group plans to launch its own 100-denomination security, called the 100 Brics, or "100 BRICS", (ENGLISH & SPANISH), 8 SEPT

 The BRICS group plans to launch its own 100-denomination 

security, called the 100 Brics, or "100 BRICS".

Russia has presented a bill of 100 BRICS

OREANDA-NEWS  Russian Ambassador to South Africa Ilya

Rogachev presented a 100 BRICS banknote at a meeting with 

UAE Ambassador Mahesh Saeed Al Hameli in Pretoria, the 

Iranian Irna news agency reports.

Rogachev handed over this banknote to a colleague on the 

occasion of the admission of the Middle Eastern state to the

union. It is noted that the bill was printed in Russia. 

On one side of the banknote are the flags of the five BRICS

countries, on the other — the symbols of the countries that

are to enter the bloc.

Earlier, Deputy Chairman of the State Duma Committee on

Economic Policy Mikhail Delyagin expressed the opinion 

that in 2025 the United States will lose its dominant

economic position. He also said that the creation of a

single BRICS currency could accelerate the collapse of the

dollar.

Senior banker of VEB.The Russian Federation and former

Deputy Finance Minister Sergei Storchak, in turn, called

the project of creating a single currency of unification

a utopia. He believes that currently the participating

countries need to focus on establishing settlement

processes in national currencies among themselves. link     

------

¡DECIDIDOS A DESDOLARIZARSE! Rusia presenta primer 

billete simbólico de los BRICS

El jefe de la misión diplomática rusa en Sudáfrica, Ilya Igorevich

 Rogachev, exhibió el martes por la noche de manera simbólica un

 billete de 100 brics y lo regaló al embajador de los Emiratos

 Árabes Unidos en el país africano, durante una ceremonia en la

 embajada emiratí para celebrar el ingreso del país árabe en el

 bloque de economías emergentes, los BRICS.

La iniciativa simbólica y política de Rusia, que forma parte de

 los esfuerzos del grupo BRICS para crear una moneda común para 

no depender del dólar estadounidense, fue aplaudida por los 

invitados en el evento.

En un lado del billete se ven las banderas de los cinco Estados 

fundadores del bloque, es decir, Brasil, Rusia, India, China y 

Sudáfrica, y en otro están publicadas las insignias de otros

 siete Estados, entre los que figura la bandera de la República 

Islámica de Irán.

Rusia comienza promoción de la moneda común

El grupo internacional de economías emergentes BRICS acordó su 

expansión con el ingreso en el bloque

 de Irán, Argentina, Arabia Saudí, Egipto, Etiopía, y Emiratos 

Árabes Unidos en la XV Cumbre de

 Jefes de Estado y de Gobierno que tuvo lugar en agosto en Sudáfrica.

Los intentos por desdolarizar las transacciones de BRICS comenzaron

 en medio de un escenario en el que Estados Unidos apostaba 

por las sanciones unilaterales y la guerra económica contra 

algunos de los miembros del bloque, como Rusia y China

El grupo BRICS, que tiene el 32% del PIB mundial, sirve de 

contrapeso  para el Grupo de los Siete [que reúne a las siete

 mayores economías mundiales] y su expansión podría llevar a

 la quiebra la economía estadounidense.

NAM – Agencia 

https://noticiaalminuto.com/decididos-a-desdolarizarse-rusia-presenta-

primer-billete-simbolico-de-los-brics/

TNT CC VIDEO, 8 SEPT

BRUCE'S BIG CALL, 8 SEPT

Bruce’s Big Call Dinar Intel Thursday Night 9-7-23   REPLAY LINK   Intel Begins   1:21:51

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

Transcribed By WiserNow

Welcome everybody to the Big Call tonight. It is Thursday, September 7th and you’re listening to the big call. Glad you all tuned in from wherever you are all over the globe. And we look forward to having a good call tonight for you, with some good information from everybody. Let's start with today's Thursday - We had some decent intel on Tuesday. What we received today from international upper bond contacts in Geneva and some additional people are just saying that the funds are moving overnight tonight and tomorrow primarily to be used for NESARA and GESARA. But we also know that these are also preliminarily being moved for the bondholders and intermediaries. However, we do believe that the emails that are coming out for us and the activation of funds to the tier three bondholders will occur Sunday night into Monday so we have a weekend where some things are moving, but it looks like for us and if we're going to be right alongside the bondholders in terms of getting access to funds, they - the tier three bondholders are supposed to get access to their funds on Monday and quite possibly Monday night. There seems to be a period there where they'll actually get the email to go ahead the okay to get that but it's not going to be as immediate I don't believe as Monday morning. The funds are moving into their accounts Sunday night overnight and into Monday - and those funds are there for us - we should get our notifications Monday, Sunday night into Monday. So that means Monday And hopefully we set our appointments and can either start Monday afternoon, or Tuesday. That's the latest most recent half hour before the start of the big call tonight information Otherwise what has been happening with the redemption centers across the country a few days ago - the SKR’s You guys remember that term from a long time ago for safekeeping receipts from SKRs from 18 and 19 years ago - were being paid out by redemption centers and they were paid at not the rates that were on the original document as sort of a base guaranteed rate, but as the newer screen rates that have been showing up a few days ago, and they were quite quite good, quite high, way higher than we all thought it would be 18 or 19 years ago. So that was encouraging - 80% Of those. in one case, were military the other 20% were non military. And this was on dinar and Dong - Only Dinar and Dong . So when that occurs that gave us the feeling that okay, they've at least counted for SKR’s to be paid out. Aren't we right around the corner aren't we next? and you would say Yeah, we should be. So we're next but the tier three bondholders have to also be made liquid which we believe is going to be slightly ahead of us but not much. And so that they're looking to get access to their funds sometime Monday, Monday afternoon evening. And that may be - maybe when we are numbers by Monday morning and set our appointments and start Monday afternoon. That's the hope that will happen now. Iraq did not put their new rates on the dinar in their gazette - their official document called the Gazette yesterday, which is a major publication day Wednesdays and Saturdays. But according to our contacts in Iraq, they should be putting in Saturday's gazette - you know we sort of got started already with the SK R’s - Tomorrow is the eighth - It's a big day for China, numerically - It's possible that something else happens tomorrow. So we'll see what happens. Funds are moving. I'm so tired if you're hearing the term. This is another banned phrase on the big call “money is moving” blah blah blah blah blah. I know you guys hear that, and roll your eyes like I do. Money is moving, what money - whose money? where is it moving to? Where did it come from? These are the questions that I try to ask. I don't always get the answers I want. But I try to find out if I'm just going to the Treasury, you know, what's the deal? Trying to get the detail to bring it out to you guys and I don't always get it Do I sound a little frustrated. Do I sound like I need some tapping or some havening? Yes, I do. (chuckle) (ha ha ha ) Of course I do. So not a whole lot else to report right now - Other than we're in a holding pattern, but it looks like things are moving forward. And we should be - if this intel holds up - which has changed twice today – already - But if this intel holds up, then Sunday night into Monday should look good for us. We're just going to wait it out and see but I don't I know it's difficult to wait - And it was interesting that the testimony that Sue read had the term “hurry and wait Intel” - I never really thought of it that way and a little bit offended by that. But it has been not so much a hurry and wait but a wait. We do have things that are happening. Listen, there are tons of arrests that have taken place in upstate New York in the last couple three days - a bunch of them in Buffalo - Rochester and one other town. Okay, that's good. Cleanup is good. We also have half a million indictments around the world –internationally - that are about to be opened. So, you know, we're still in major cleanup mode. We really are. Are we far enough along in the cleanup for this to go - I'm being told we are - I'm being told yes. you know, the deep state is out of money. The USD is no longer really available in it. and it's out internationally. We know the USN needs to show up. The banks are out of money. The banks Now that's not literal, but they don't have a way to borrow anymore since the Federal Reserve was absorbed by the Treasury . We did pay off the national debt. I say we was paid off as I mentioned on Tuesday night's call, you know by the world alliance fund. And then all the debt around the globe was paid off also. It was paid off on the first of September, today's the seventh. By tomorrow will be a week. And that should be a great sign for us -- moving forward into our exchange period. So I think we're we are in a little bit of a holding pattern - But I believe things are getting done behind the scenes that we don't quite see and I'm privileged enough to hear about certain arrests and things that are occurring, you know, on the other side, but, you know, it's, it's, it's something we have to literally wait for. and I feel encouraged. I like the fact that we should get started with our notifications coming Sunday night or Monday. Hopefully set those appointments Monday and start Monday night or Tuesday. So that is everything that I think I wanted to bring to you guys tonight. And it sounds like you know things are definitely moving in the right direction. I was super encouraged by the SKR’s being paid off. To me that was a sign things are really moving forward. Because I mean it took 18 to 19 years to pay those SKR’s off. So that was a good thing - A very good thing. Now beyond that. So let's see what happens with that. Let's see if we get the numbers don't get the numbers before then All right, so I'm gonna thank everybody for coming to the site listening in. appreciate it so much. And let's see what happens if we get anything over the weekend. We should possibly wake up to the Monday or Monday if they in fact sent out the email Sunday night. All right, everybody thank you so much and thank all in big call universe that did hear this call tonight. We appreciate you very much. And thank you for listening.

This is for Iraqi only housing and bank account BY NADER FROM MID EAST

Dollar prices remain stable in Baghdad, rise in Erbil amid market closure, 8 SEPT

 Dollar prices in Baghdad and Erbil markets stabilized on Thursday

At the end of the trading session on the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, the exchange rate for the US dollar remained at $154,000 against $100.

In local exchange shops in Baghdad, prices for selling USD remained at 155,000 Iraqi dinars per 100 dollars, while the purchasing price was steady at 153,000 dinars.

In Erbil, the exchange rate for USD increased slightly to 154,600 IQD per 100 USD for selling and 154,500 IQD per 100 USD for buying.

----

Oil prices inch up on expected US crude stock decline

Oil prices rose on Thursday after industry data indicated a decrease in U.S. crude oil inventories last week, signaling tightening supplies along with extended production cuts in Saudi Arabia and Russia.

Market sources citing American Petroleum Institute figures said that the US crude oil inventories were projected to drop by 5.5 million barrels in the week ending Sept. 1, after the market settlement.

 The U.S. Energy Information Administration will release official inventory data on Thursday at 11 a.m. EDT (1500 GMT). 

Brent crude futures increased to $90.72 a barrel by 0019 GMT, while U.S. West Texas Intermediate crude (WTI) futures rose to $87.65.

On Tuesday, oil prices saw a sudden rise. The reason behind this was the announcement made by Saudi Arabia and Russia to extend voluntary oil supply cuts until the end of the year. Saudi Arabia has decided to cut its oil supply by 1 million barrels per day (bpd) while Russia has cut its supply by 300,000 bpd. These cuts are in addition to the cut that was agreed upon by several OPEC+ producers in April, which will continue to run until the end of 2024.

"RV UPDATE" BY SANDY INGRAM & MILITIAMAN, 8 SEPT

Sandy Ingram 

 ...Separation, internal conflict, corruption and security issues when it comes to international investors are the major reason holding up economic stability in the country, ie the increase in the Iraq dinar value against the U.S. dollar. 

Militia Man 

 Why haven't they [Paid the salaries]?  There's got to be a reason for it and we believe it comes down to that the 23, 24, 25 budget is going to have an internationally acceptable exchange rate that's going to be on the Forex so that we all as investors can freely trade the Iraqi dinar in an international environment.  That's the whole purpose of us being here...

We have Standard & Poor giving them [Iraq] a stable outlook to an increasing positive outlook  becausethey're now exporting agricultural wares and they have non-oil revenue streams coming in at the borders.

  That's why they're beginning to look good - because of the investment environment is ripe.

Article: "Thousands of people demonstrated in Doha Governate Tuesday morning against the federal government's policy of not granting the rights of the people of the Kurdistan region and represented by the monthly salaries of employees..." ...People want their money.  You have to ask the question, 

Why have they gone from July and into September and they're being placated.  For what reason. What do they know is keeping them at bay?  ...they're not going to stand for not getting paid...