PARLIAMENTARY INVESTMENT AND DEVELOPMENT: THE INDUSTRIAL INVESTMENT LAW WILL BE APPROVED DURING THIS SESSION
Economy News _ Baghdad
The Parliamentary Investment and Development Committee indicated that the Industrial Investment Law has completed its first and second readings, and is ready for a vote in the House of Representatives during the current session with some amendments.
A member of the Parliamentary Economy and Development Committee, Diaa Al-Hindi, said in an interview with “Al-Sabah”: “The Industrial Investment Law is ready for voting and the first and second reading has been completed,” explaining that “the dispute between the Investment Committee and the Industry Committee on the paragraph of land ownership for industrial occupants is still an obstacle, as the Investment Committee considers these lands state assets, if they are wasted, the property of the people will be forfeited.”
He pointed out that “we are talking here about a hundred thousand industrial licenses in all regions of Iraq,” expecting that “the real licenses almost do not exceed five thousand, and the rest does not have anything on the ground,” stressing that “the Investment Committee categorically rejects this matter and will not accept a vote on this paragraph.”
“The law will be passed, but with a compromise, which is to own land outside the municipal boundaries to industrial occupants only,” al-Hindi said.
(This Industrial Investment Law goes hand in hand with the revaluation of the dinar and rebuilding of the economy. You can see it all coming together and 2024 will be explosive and not by terrorists (I hope), just a matter of speaking….lo..lol..lol..)
US CENTER: US WITHDRAWAL FROM IRAQ MEANS THE “END” OF THE DOLLAR
Baghdad Today – Translation
The American Lowe Foundation for Political Studies revealed on Wednesday (December 6, 2023) the reasons that it said “prevent” the withdrawal of US forces from Iraq under any circumstances, stressing that the withdrawal would mean the “end” of the dollar and US hegemony over the world.
The center explained, according to what was translated by “Baghdad Today”, that “the US government and during the past fifty years, after the abolition of the currency budget in gold, was keen to keep the value of the dollar high through” military and political control over the sources of wealth in the world, the most important of which is oil, ” stressing “This is the reason behind the defense of American presidents, whether Democrats or Republicans for Washington’s policy in Iraq and the Middle East.”
He continued, “The beginning of this policy began with the US government’s decision to abandon the budget with gold and replace it with the dollar as the first currency in the world, as American politicians made a deal to maintain the policy of controlling the sources of wealth in the world, which is now threatened with collapse as a result of the policies of the government of current President Joe Biden, which does not take into account this plan,” according to his description.
The center also stressed that the loss of the US government during the past years of its previously close alliance with the Gulf countries, in addition to the decline of its political role around the world, led to putting the dollar at risk, stressing that “control over oil resources in Iraq has now become the most important and strongest factors through which the United States can maintain the value of the dollar declining and inflated, ” according to his report.
Robert Kiowski, a researcher in economic and political affairs and author of “The Rich Father and the Poor Father,” also told the center that the withdrawal of US troops from Iraq would mean Washington losing one of the last factors of the dollar’s power around the world, which is based on “controlling wealth” instead of gold.
“If US forces withdraw from Iraq, it is very likely that it will lead to a chain reaction that will lead the world’s banks to abandon the already inflated US dollar that is currently suffering, the first of which is the dollar’s loss of its current status as the international reserve currency,” Kiowski said.
“The banks of the world will quickly abandon the dollar in favor of other currencies that are more confident and stable, the US stock market prices will collapse completely and the US economy will witness huge inflation twice the current level, which will lead to an accelerated Collapse of the US economy, which in turn will lead to the loss of its position as the dominant power in the world.”
Kiowski’s remarks were confirmed by the public affairs advisor in the US Treasury Monica Crowley, who confirmed in an interview with Fox News that the withdrawal of US forces from Iraq and what will tire it will lead to “a complete collapse in the US economic system, “stressing “the most dangerous factor here is not only the collapse in the US economy, but the loss of the United States of its economic hegemony over the world and thus its current status as a global power,” as she described.
It is noteworthy that the US dollar suffers from a large and accelerated “inflation” in value as a result of the US government’s loss of control over sources of wealth around the world during the past few years, which the center held responsible for the current US President Joe Biden and his current policy in the world, especially the Middle East, which he said “Washington lost its most important ally, the resource-rich countries in the Gulf.”
Judy Note: OnFri. 15 Dec. 2023because of the decline of the fiat US Dollar on which international trade rates were determined, the World Bank was set to close – bringing down the entire Global Financial World.
Twelve of the US’s largest banks have already sent notice to their credit card companies that they will no longer need their services as of Thurs. 14 Dec. Midnight.
On Thurs. 7 Dec. the Bank of Japan collapsed.
Banks were closing their branches all over the World.
Bank runs were rampant in Europe, although the Mainstream Media has yet to let Americans know about the Global Financial Crisis that surrounds them.
All personal bank accounts have been transferred to the BRICS Alliance gold/asset-backed Global Financial System on the new Star Link Satellite System, though it was not yet known when those accounts could be accessed.
It would be wise to have cash on hand during the transition period.
If you were reading this Updateon, or from Operation Disclosure Official, be aware that the information has been redacted. For a complete un-redacted version, see a PDF copy at the end of the Update on Operation Disclosure Official, or read an un-redacted version on the Rumor Mill Website.
Rumored Timing of the Restored Republic via a Global Currency Reset:
Wed. 6 Dec. China announced their gold-backed Yuan, incentivizing countries across the Globe to abandon trading the US Dollar and switch to the Yuan instead. The last USD auction in Iraq was on Dec. 6th.
Second weekend in December: Trump was expected to be back according to Bruce’s Military Contact.
Wed. 6 Dec. JFK Jr.: Hello everyone. They tried to assassinate me because I LOVED THE PEOPLE and WORKED FOR THE PEOPLE! They tried to assassinate Queen Diana because she was LOVED by THE PEOPLE and she WORKED for THE PEOPLE! They tried to SILENCE Donald J. Trump because he LOVED THE PEOPLE and WORKED for THE PEOPLE! They tried to KILL John McAfee because he LOVED THE PEOPLE and wanted to show the TRUTH to THE WORLD! TOGETHER, WE ARE COMING BACK STRONGER THAN EVER! 24 HOURS REMAINING!
Fri. 15 Dec. Worldwide Banking Crash, Media Blackout and Ten Days of Darkness begin. The World Bank is expected to collapse on Friday December 15, 00:01 ET
Before Christmas Dec. 2023 Med Beds will be announced.
On Mon. 1 Jan. all gold/asset-backed currencies across the Globe would be on par 1:1 with each other; in the US Social Security benefits will be much higher and the SS R&R payments would start on a monthly basis.
Tues. 30 Jan. 2024 deadline for implementation of Protocol 20 by major corporations around the world that have interfaced their networks on the QFS.
In three to six months the Rodriguez Trust will begin to administer “universal basic income” for citizens of all GESARA-compliant countries. The amount per individual or family will depend on the status, needs, employment level and age of the person/family and will work to encourage people to work if they can.
Judy Note:What We Think We Know as of Fri. 8 Dec. 2023:
The ‘Revaluation’ of all currencies is HERE. The fleeing KM have lost control of the world financial system. ALL the major ‘Oil-Producing’ countries have joined BRICS+ & they are primarily Arab countries.
Global Currency Reset:
Thurs. 7 Dec. Bruce: Just got an email from my handler. We will get notification tomorrow Fri. 8 Dec. by late afternoon. It’s done. It’s done. It’s blankey blank done.
Thurs. 7 Dec. Ginger’s Liberty Lounge on Telegram: Michael Ruben has been in contact with Mauricio Castano in Columbia and he’s given the gentleman THE MUCH ANTICIPATED GREEN LIGHT to pay out the 28 Paymasters in Columbia, which will result in them receiving FULL LIQUIDITY – in other words, SPENDABLE MONEY to those in their groups, whom they are responsible for funding.
Wed. 6 Dec. Texas Snake: While I won’t be opening the room until morning there have been two announcements made today identifying two dates having some importance for our pending reward for the time thus far dedicated to this anticipated exchange. These dates are Dec 8th and 14th. Will get into more of the significance of these dates in the morning but the most important take away is the
8th as all contractors are being paid at the Dinar new currency rate to be announced on the 8thfor acceptance into recognized acceptance by the IMF and World Trade Organization, that rate being $5.41 for foreign exchange commerce.
Wednesday December 6, 2023 Bob: The four test deliveries finished last night and Reno will begin tonight Wed. Dec. 6. EU and Zurich tomorrow Thurs. 7 Dec. Reno payments start Thursday 7 Dec. and EU and Zurich payments start Monday the 11th. I pray they allow Billion Sow to start Thursday 7 Dec.
Wed. 6 Dec. MarkZ Listener Sean Kenney: Heard from a finance guy that on New Years Eve the ATMs will be loaded with the new currencies.
Article: "Zain Cash relaunches the “Western Union” service"
Quote: "In light of the rapid development in the world of financial transfers and a renewal of the company’s commitment to providing safe and reliable services to its customers, Zain Cash has relaunched the Western Union service after updating and developing it, "
Article: "Government source: Starting to implement the banking arrangements agreement with Türkiye”
Quote: "The Central Bank has reinforced tens of millions of euros as an initial payment to cover retailers’ imports from Turkey."
Oil Price Plunge: A Boon or Bane for the Global Economy?
Oil prices have plummeted to a five-month low, a development not driven by economic fragility but a record oil supply, predominantly from the United States. This trend is stirring discussions among economists and analysts on its potential impact on the global economy. The world’s oil consumption, buoyed by the US’s expansion and China’s economic rebound, is at a peak of approximately 102.5 million barrels per day, according to Sankey Research. Saudi Arabia’s decision to reduce production, ironically, intensifies the oversupply, causing the OPEC leader to cede market share to countries such as the US and Iran.
A Boon for Corporate Costs and Consumers
The slide in oil prices is perceived as a positive shift for corporate expenses, with expectations of decreased shipping and other fuel-related costs. For American consumers, the average gasoline price has dipped to $3.20 per gallon — the lowest since December 30 — potentially amplifying their spending power. The reduced fuel costs also have political implications in the US, particularly as the country nears the 2024 election.
Falling Oil Prices and the ‘Goldilocks Narrative’
Analysts suggest that the ongoing trend of decreasing oil prices contributes to a ‘Goldilocks narrative’ that anticipates a relaxation of inflationary pressures. This disinflationary trend could lead to consumer price stabilization in the forthcoming year. If inflation rates recede to around 2% in 2024, it is believed that the Federal Reserve may have the chance to lower interest rates aggressively, even if the economy does not exhibit significant weakness, potentially leading to a soft landing scenario.
The OPEC Conundrum
Last week, OPEC+ announced extensions to voluntary production cuts for early 2024. The oil market in 2023 has been swayed by the competing forces of suppressed macroeconomic demand and OPEC’s strategic production cuts intended to bolster prices. While previous measures witnessed Brent Crude futures nearing the $100 mark in late September, a subsequent 20% price drop over two months indicates a more intricate scenario, with OPEC+’s recent announcement seemingly incapable of reversing the downward trend. Though countries like Saudi Arabia, Russia, the UAE, and Iraq have pledged substantial output reductions, skepticism persists about the practical implementation of these cuts, especially by nations heavily reliant on oil and gas exports like Angola.
They...have to have the dinar stabilized within the country and within the 2% rule mandated by the IMF in order to then accept IMF article VIII and begin to float the dinar which would raise its value based on supply and demand. All of these processes and or steps required time.
Nader From The Mid East
Question "Can you talk about the steps involved in cashing in dinars?" When exchange time comes we're going to have to go to three things - Redemption center, 1-800# or the army base. :)
[Nader is clearly joking about these three things]...People are telling them that. That's wrong. The only thing you can do to change your money, walk to your bank, if they accept it, or go through exchange offices. There's no redemption centers, no army bases, there is no 1-800#s, nothing that way. [NOTE: Gurus disagree on the potential exchange procedures. Stay tuned to Dinar Guru as this important subject unfolds and become clear.]