Kurdistan’s Oil Conundrum: From Unresolved Disputes to Bold Decisions, 28 NOV

 Kurdistan’s Oil Conundrum: From Unresolved Disputes to Bold Decisions

As the clock ticks, the oil-strewn fields of the Kurdistan region in Iraq await a resolution. With the resumption of oil exports to Turkey hanging in the balance, the Kurdish Regional Government’s Ministry of Natural Resources has announced a sweeping decision: the oil allocated by the Iraqi government will be sold to citizens at any price.

Unresolved Disputes and the Oil Dilemma

A myriad of obstacles persist, chief among them being the renegotiation of contract terms with international oil companies. The delay in reaching a solution is attributed, in part, to these companies’ hesitance in altering service contract terms with the Iraqi federal government. Should a resolution to this oil production issue continue to elude the stakeholders, the fallout could be far-reaching, especially given the concurrent regional crises.

Political Tensions and the ‘Monopoly of Power’

According to a Kurdish member of the Iraqi parliament, the relations between the governments of Baghdad and Erbil, despite being generally amicable, are marred by a troubling factor. The political parties  forming the current Iraqi government are the root cause of the problems, with some within the State Administration Coalition seeking to impose a ‘monopoly of power’. These issues are deeply entwined with the rights of the region, involving several legal articles, the Federal Council Law, state revenues, and the Peshmerga.

Road to Resolution: The Delegation’s Role

Kurdistan Region’s Prime Minister, Masrour Barzani, affirmed that the delegation from the regional government visiting Baghdad is engaged in earnest discussions. Their mission? To find fundamental solutions to the ongoing disputes and issues between Erbil and Baghdad. Among the unresolved issues, the budget, delayed funding for Kurdistan’s people’s salaries, and—most importantly—the oil issue stand out. Barzani emphasized the necessity of resolving the oil issue through an advanced federal oil and gas law rooted in the permanent constitution.

In a parallel move, Rashid Bank has reopened the distribution of dollars to tourists. This move is presumably aimed at encouraging travel and boosting the local economy. However, the mechanism or conditions for the oil sale and the dollar distribution remain undisclosed, casting a shadow of uncertainty over the situation.

https://bnn.network/world/iraq/kurdistans-oil-conundrum-from-unresolved-disputes-to-bold-decisions/

Iraqi Dinar🔥Good News Coming Out From Iraq Finally 2023🔥iraqi dinar rate...

Nov27YouTube by MILITIAMAN

"RV UPDATE" BY TISHWASH & KAPERONI, 28 NOV

 Tishwash 

  Article:  "The dinar will recover.. Iraq is approaching an “imminent end” to the dollar crisis before the end of 2023" 

 Quote:  "We expect that the new year will witness a significant decline in dollar prices with the rise in the value of the Iraqi dinar, especially with the presence of government decisions and directives to address all the causes of the dollar crisis, and we expect that economic and financial stability will be strongly present at the beginning of next year. "

 Kaperoni 

 A significant increase in the value of the dinar at or equal to its face value with 90 trillion dinar in circulation would, in essence, be six times the value of the entire countries wealth...

This is why I have stated numerous times that if and when the dinar ever was to go up in value, it would have to go up gradually over time so that the dinar money supply could be reduced. But that only could occur if Iraq's economy began to significantly prosper.

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 28 NOV

 Frank26  

 [Iraq boots-on-the-ground report]

    FIREFLY: TV saying CBI has come a long ways in battling the dollar and the battle is about to come to end.

  FRANK: Yeah, darn right!  The theme, mantra, ambrosia in the taste of Iraq's monetary reform is repeating the same thing over and over, It's about to come to an end.  What?  The dollar.  Which means our currency is going to blossom

FIREFLY: Television saying private banks and exchange companies are expressing the preparation in reducing the exchange rate.

FRANK:Oooo, snap! 

FIREFLY:  For the first time we're seeing a video.  It's new.  It's 10 minutes long.  It's being shown to us every day now this week... They say they are dedicated to the Iraqi citizens to keep us updated on the changes by the banks on our new monetary system reform...It will be every day updating us on new financial news. 

 FRANK:  They told them now every day for 10 minutes during the financial report of Iraq Channel One we're going to start to talk to you more about the monetary reform...These are the things we told you they were going to do.  Pretty cool.

FIREFLY:  For the first time we're seeing a video.  It's new.  It's 10 minutes long.  It's being shown to us every day now this week... They say they are dedicated to the Iraqi citizens to keep us updated on the changes by the banks on our new monetary system reform...It will be every day updating us on new financial news. 

 FRANK:  They told them now every day for 10 minutes during the financial report of Iraq Channel One we're going to start to talk to you more about the monetary reform...These are the things we told you they were going to do.  Pretty cool.

 FIREFLY:  Iraq's security teams arrested the most dangerous foreign currency smuggler inside of Iraq.  They're saying this is the head of the snake.   They tell us that by removing this man our reforms will continue and move forward as has been promised to us Iraqi citizens. 

  FRANK:  These events...are extremely powerful events to allow the new exchange rate to come out.

FIREFLY:  Iraq's security teams arrested the most dangerous foreign currency smuggler inside of Iraq.  They're saying this is the head of the snake.  They tell us that by removing this man our reforms will continue and move forward as has been promised to us Iraqi citizens.  

FRANK:  These events...are extremely powerful events to allow the new exchange rate to come out.

  Two months ago a quick little pip movement took the exchange rate of the Iraqi dinar from 1460 to 1320...They were supposed to make the next step.  

I told you at that time, 'Now that they've made this movement, let's say 1320 to 1, the next one will be 1,000 to 1 and when they do they will be in position to lift the three zeros and float the currency in a basket...'    

Article quote:  "Solutions exist, and during our tenure at the Ministry of Finance (2006-2010), we succeeded in increasing the value of the dinar from (1,500 dinars to the dollar to 1,170 dinars to the dollar). We were planning to reach (1,000 dinars to the dollar) and then raise the zeros so that the dinar was equal to the dollar."   What?!? 

 Word for word of what we taught you...This is the last step.  IMO the CBI is going to be going to the US Treasury next week...This is exactly what we want next

FIREFLY: Television is talking to us all day about the government taking measures to address the exchange rate and the parallel market but they can’t change the rate.  They say only the CBI.What’s going on?  Why don’t the CBI help?

FRANK: Calm down, calm down…As far as parliament saying whatever they are saying…who cares.  Their voice is an echo in the abyss of darkness.

Question:
“Has anything changed in regards to Iraq satellite banks exchanging dinars for US citizens?”

No.  They will follow American banking laws.  They won’t do anything different than any American bank is doing in American territory.  

You want to know the exchange rate of the BRICS because maybe, maybe the Iraqi dinar will be 1 to 1 with a basket of BRICS.  Maybe…one clue.  It’s an RI not and RV. 

https://dinarevaluation.blogspot.com/2023/11/rv-update-by-frank26-22-nov.html 

https://dinarevaluation.blogspot.com/2023/11/iraq-boots-on-bground-report-by-firefly.html

Al-Alaq denies the existence of a scarcity of dinar stocks, 28 NOV

 Al-Alaq denies the existence of a scarcity of dinar stocks

PM:02:40:11/27/2023

Al-Alaq denies the existence of a scarcity of dinar stocksToday, Monday, the Governor of the Central Bank of Iraq, Ali Al-Alaq, denied the existence of a scarcity in the stock of the Iraqi dinar, and while determining the size of the dinar’s monetary mass and those in circulation, he revealed a broad strategic plan to expand the transition to electronic payment.

Al-Alaq told the official agency, “The state’s financial situation depends in general on its imports, and they are currently at a good level as a result of the rise in oil prices,” stressing, “It is important to invest this money in a way that accelerates opportunities for construction, advancement, and development.”

He added, “The positive thing about the government’s work is that it is moving in this direction, and there is great emphasis and focus on completing projects,” noting that “there are a large number of projects that were stalled and stalled for many reasons, and there is work to address the situation and accelerate the projects, especially since they are mostly related to… Infrastructure, services, etc., and the government gives this matter great attention, priority, and diligent follow-up by the Prime Minister personally.”

Al-Alaq pointed out that “there is a wide movement regarding the demand for investment projects in the country,” pointing out that “a large number of companies and countries have begun to conduct studies and have identified some projects to start in Iraq.”

Al-Alaq said, “These are positive indicators that benefit from the state of stability in the country and the stability of the financial and monetary conditions,” adding, “The size of the monetary mass or the exported currency amounts to more than 100 trillion dinars, 70% of which is in circulation.”

He denied, “There is any scarcity in the stock of the Iraqi dinar,” adding, “We are responding to the demand for the Iraqi dinar or in relation to the dollar in dinar initiative for the purposes of the Ministry of Finance.”

Al-Alaq stressed that “the trend towards electronic payment aims to reduce the phenomenon of the cash economy, which has major negative effects on the Iraqi economy and consequences and effects regarding liquidity management and the costs of this liquidity from printing currency and controlling it,” explaining that “the government trend is to switch to electronic payment.” To reduce this phenomenon”.

He stated, “There are trends at many levels in this context, and there is direct coordination between the government and the Central Bank. Electronic payment experiments and tools have begun to be circulated in many areas, and there is a broad and strategic plan at the Central Bank to expand in this field,” calling on citizens to “keep abreast of developments that are taking place.” It happened and is happening in all countries of the world, to reduce the phenomenon of using cash.”

Al-Alaq pointed out, “Keeping pace with development serves the citizen, the state, and the economy,” pointing out, “Keeping cash and hoarding only carries risks, and deprives the citizen of having these amounts in his accounts and being able to benefit from them in many areas.”

He noted, “The world is heading towards digital transformation, which is considered the fourth revolution in the world, and we must be close to these transformations to achieve the goals, objectives, benefits and positives that come from them.”

nrttv.com

Coffee with MarkZ. 11/28/2023

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:  Morning Mark, Mods and crew….RV There Yet???

Member: We are all like gray hounds waiting for the gate to open!!

MZ: From Iraq:  “The dinar will recover: Iraq nears imminent end of dollar crisis before end of 2023” We all know only one thing that will cure the dollar crisis ….and that’s a new higher dinar value. They are telling us this is coming…..for anybody paying attention. 

MZ: “ Finance Ministry announces the launch of the second issue of contruction bonds worth more than one trillion dinar”  It would dbe very easy for them to pay for this construction with a new valuation of the dinar. 

MZ: China News: “Zhongzhi collapse could be bigger than Evergrande”  This shook the world markets

MZ: “ Egon Von Greyerz warns the death of the global financial system is now at hand”  The world is now witnessing the end of the worlds currency and financial system. History tells us we have now reached the “point of no return”  There is no where to go with the fiat system except collapse. 

MZ: On the bond side and banker side…very quiet so far today. 

Member: Mark, so there is now high possibility that we will RV Iraqi dinars before any other currencies,

Member: A new video just popped up on YT saying Dinar at $3.22 today! Wonder if that is so?

Member: That is the possible Re-instated rate ……I would take that in a heartbeat.

Member: What happened to all the hype about December 1st? is that now off the table?

Member: not looking good for sure. Still hoping for before Christmas though. 

Member:  I had a dream I was at a redemption center

Member: I just pray that it happens before Christmas so we can actually have a nice Christmas this year. 

Member:  At the end of this Endurance Race, you grow Tired & Weary, because you want it to be over! Don't give up now, you've come too far, to throw it all away, now ! Look at the Finish Line, it's almost over!

Member: I appreciate this channel so much and am so grateful for Mark and all who participate to uplift, bring faith and hope and information to all of us

Member: Thanks everyone and see you tonight. 

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

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.