Saturday, December 9, 2023
Evening News with MarkZ. 12/08/2023
Friday, December 8, 2023
Iraq renews its support for the OPEC Plus agreement and commitment to voluntary cuts, 9 DEC
Iraq renews its support for the OPEC Plus agreement and commitment to voluntary cuts
On Thursday, Iraq’s Deputy Prime Minister for Energy Affairs and Oil Minister, Hayan Abdul Ghani, reiterated Iraq’s full support for the OPEC+ agreement and the decisions made on November 30, 2023.
According to a statement from the Ministry of Oil, Abdul Ghani led a meeting with officials from the Iraqi Oil Marketing Company SOMO. During the meeting, they emphasized Iraq’s support for an agreement to achieve balance and stability in oil markets.
“Iraq has announced that it will reduce its oil production to 4 million barrels per day from January 1, 2024, until March 31 of the same year, in line with the reduction program. The country’s representative expressed appreciation for the measures taken by the OPEC+ group to maintain balance and stability in the oil market.”
Ammar Al-Anbuki, the Director General of the Iraqi Oil Marketing Company, has confirmed that Iraq, being the second largest producer of crude oil in OPEC, will continue to support the efforts of the organization and its allies as per the Declaration of Cooperation in (OPEC+), in compliance with the latest developments in the oil market.
Al-Anbuki stated that the OPEC+ agreement and the voluntary reduction decisions made by both OPEC and non-OPEC producing countries are intended to tackle the challenges and changes currently faced by the oil market. These initiatives aim to minimize the impact of these changes on the market’s stability.
The Prime Minister’s Advisor summarizes the importance of activating the partnership between the Iraqi and Saudi private sectors, 9 DEC
The Prime Minister’s Advisor summarizes the importance of activating the partnership between the Iraqi and Saudi private sectors
Mazhar Muhammad Salih, the Prime Minister’s Advisor for Financial Affairs, highlighted the significance of establishing a solid partnership between Iraq’s and Saudi Arabia’s private sectors. In a statement on Friday, he emphasized that the economic geography of both countries lays a strong foundation for collaboration in the Gulf and Middle East regions. Salih also pointed out the economic benefits that this partnership can bring about.
Saleh informed the official agency that the economy of the Kingdom of Saudi Arabia holds a significant position in the Group of Twenty countries, which is the world’s largest group in terms of economic growth and prosperity. Moreover, the economic geography of Iraq and Saudi Arabia plays a crucial role in the region’s economies, particularly in the Gulf and the Middle East, where they have a pioneering economic role in managing the world’s energy market.
Saleh mentioned that the oil production of Iraq and Saudi Arabia is second to none, making both countries essential players in global oil production. Additionally, both countries occupy the top position in religious tourism, further increasing these two giant economies’ economic attraction and relative advantages. This leads to a high degree of economic interconnection, particularly in the industrial and digital investment fields, as well as other areas of economic progress.
He highlighted, “The identification of the strongholds of the two adjacent nations is a significant step towards merging markets and collaborating in economic and investment ventures. These pillars of strength have been acknowledged by the Prime Minister as crucial factors in shaping the partnership between our two nations.”
“The Kingdom has experienced stability and economic growth over the last half century, which has led to economic prosperity in two areas. Firstly, there has been high economic diversification outside of the energy sector, with a focus on manufacturing industry. Secondly, the Kingdom has integrated into the global economy, embracing the latest technologies and taking advantage of opportunities for economic progress.”
Saleh said, “It is well-known that Saudi Arabia holds a prominent position in ensuring the quality control of its products and all supplies related to production and development. Its production standards are considered among the best in the world.”
During his speech, he emphasized the importance of joint cooperation between Iraq and its neighboring economies. He mentioned that Iraq’s economic future is based on the Development Road Project and the Iraq Fund for Development, and that these projects need to be initiated to activate the national market. The goal is to achieve expected balanced benefits and interests that will benefit both Iraq and its neighbors.
The speaker ended by stating that given the factors mentioned above, it is unavoidable that the competitive market, investments, technological advancements, and knowledge transfer available in a large economy like Saudi Arabia would encourage the establishment of strong foundations for long-term strategic economic partnerships between the two neighboring countries.
It is necessary for the government and men in society to uphold the rights Islam has given women to live freely and with respect.
BRUCE'S BIG CALL, 8 DEC
Bruce’s Big Call Dinar Intel Thursday Night 12-7-23 REPLAY LINK Intel Begins 22:00
Welcome, everybody. Tonight. It is Thursday, December 7th and you're listening to the Big Call and you're listening to my voice cracking as I'm not feeling very well right now.
In fact, I'm not feeling well enough to where I'm going to go first with Intel after Sue does her teaching And I need to get some rest. Sorry I have to sound like this and hopefully I don't cough in the middle of my intel. But let's do this let's pray the call in. So let's do the Intel segment now. Then you can go into yours and Bob can go into his whichever way you guys want to do it. Okay the intel that we received today is as follows.
We checked with one of the bondholders and he is saying okay, they get they have the funds in the Super Whales and the Whales with the big guys in tier 3. Those guys have the funds in their account. They can see it in their account but they have not had access to it yet - They're looking to get their money and receive notification by email that they can go ahead and spend those funds.
The regular bond holders let's say are not Whales but Super Whales were told today - that they're going to try to push it through at 2am in the morning, Tomorrow morning.
And evidently they had planned to do it this morning at 2am in the morning and were not able to get it done. I don't know why it just didn't go,
Now what we are looking for so called, final green light - from Treasury, so that they can move through and we're waiting for the final green light from the Treasury. To get this done - we're waiting for the final green light from the Treasury. And we hope that tomorrow which is December the eighth very important day - We hope that that gets it done for all of us -
Lets see – what else --- what we're waiting for is the release of all the funds and that's what gives us the opportunity to go in set our appointments – get the emails that we're looking for and we're looking to get those and set our appointments and start ourt exchanges and redemption of Zim.
So if that happens at 2am tomorrow morning on the eighth – its a day that the China likes because they love the number 8 - that is a day that we would love too should it happen.
That's the final release is what we're looking to have happen. That's where we are at this point.
Today we had we saw that the Bank of Japan the National Bank of Japan which is there, which is their Central Bank crashed today.
About nine other central banks all central banks will crash. If they haven't already they will crash in the next few days. And that would include Germany, France - all the central banks in Europe because these banks were Rothschild banks.
So they're going to wipe all of those -out eliminate those just like our Federal Reserve is our central bank. And that is on its way out. Or it has been reported absorbed into our treasury, the US and the US Treasury.
So this is something that's happening right now, this week. And now do we have to wait for that to occur? Before we go, it’s hard to say – I don’t know that exactly but - this is something that is definitely happening. Some people were putting up with this has to happen on or before the 14th of December. Because on the 15th traditionally - Really, and it may not happen that way this year. But Banker's in Europe go on a one month holiday from the 15th of December to the 15th of January.
It's been a tradition for a long, long time every year. This year, it could change what they do and it could - we will have to wait and see what happens
I’m trying to think if there's anything else that needed to be said right now but I think that’s the majority of what I heard today – I think that’s it so - could tomorrow be the day.
It is quite possible that tomorrow is our big we've always liked the 8th but we've been wrong so many times - because it hasn't been ready. We think the quantum financial system every thing is lined up – perfect time to do it - every single day it but we'll have to see whether that goes through or not tomorrow at 2 am - Bond holders - and for any kind of shotgun start. – it should happen for us
I’m excited about that - there’s just not that much else that I'm getting that is out there right now – that I’m hearing anyway.
So I'm gonna turn it over to Sue to do her teaching. We'll see where this goes I’m going to tune out -
BREAK IN FROM BRUCE: Hey Guys can I jump in for a minute
Ijust got a call from one of my major handlers - We got a text saying - it is finally over. We are going to receive our emails tomorrow. Oh it's done. Its done - It's blankity blank done .
Repeat it one more time. Repeat it one more time. We're getting notifications tomorrow - Don't look for them at 2 am – you might wake up to them. That is what he said - So when it's done it's done it is blankity blank done. Alright guys, thank you,
"RV UPDATE" BY MILITIAMAN, 8 DEC
Militia Man
Article "...A campaign to support the Iraqi dinar and make it the gateway to bustling the country." They're talking about the Iraqi dinar...They're not talking about the Euro ...[or] all the other currencies ...They're saying we're going to do trade in the dinar and it's going to be the gateway...
Bilateral trade...Multilateral trade, Multilateral banking - all of these things show Iraq is going international...I believe I'm going to be 100% right. The evidence is clear as day.
Article quote 'They're preserving the foreign cash reserves of Iraq in the central bank so it's a benefit for the country thus they will control the movement of speculators on the black market putting pressure on the dollar circulating on the parallel market and unofficial outlets.' The black market, parallel market, the illicit market, whatever you want to call it is going bye-bye.
Why Iraq’s 2026 Trade Boom Demands A Stronger Dinar!!
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