Monday, January 1, 2024
The controversy of financial dues.. The ruling parties are accused of selling oil, and the region is awaiting a “difficult year”, 1 JAN
The controversy of financial dues.. The ruling parties are accused of selling oil, and the region is awaiting a “difficult year”
On December 31, 2023, Ahmed Haj Rashid, a former deputy in the Finance Committee, stated that the financial crisis in the Kurdistan region is not due to economic scarcity but rather due to the regional government’s actions.
Rashid stated that the ruling parties in the region sell oil for domestic use and smuggle it via trucks to Turkey, according to Baghdad Today.
“He said, ‘The Kurdistan Regional Government does not seem interested in resolving the current economic crisis. They seem to prioritize continuing their corrupt practices and embezzlements. However, if they were willing to give the proceeds to the federal government, then the latter could be held responsible for disbursing employee salaries through MasterCard, every month, and from Baghdad.'”
Rashid pointed out that the Kurdistan region will face another tough financial year if the regional government doesn’t agree with Baghdad to resolve the Kurdistan’s budget share crisis.
There are accusations from the opposition parties against the Erbil regional government that they are smuggling 200,000 barrels per day to Turkey through tankers. However, this information may not be consistent with the current production rate in Kurdistan, which is only approximately 250,000 barrels per day, as per the data provided by the “Apicor Group,” which includes operating companies. Moreover, in Kurdistan, information indicates that Baghdad receives 100,000 barrels per day, and the rest goes to refineries for internal consumption.
"RV UPDATE" BY BEARDED PATRIOT, 1 JAN
Bearded PatriotUSA Telegram post 12/30/23
Forwarded from Wolverine:
For the first time, Intel’s information was the same! this time!
This information is very good.
Here are some excerpts~
First of all, Mr. Wolverine, Mr. Bruce, Mr. Phil, Mr. Ariel, Mr. Sky, Mr. Dallas, and the people who posted the videos received the same information.
This information is:
A. January 1 Countries will reset their currencies. (Not in all countries, but in some countries where currencies are rumored to be reset.)
B. January 2: Tier 4B will receive an email notification and liquidation of Tier 1, 2, and 3 funds will begin.
C. January 5 Medbed opens to the public and reservations can be made. (Only Skye has received the information in the last 5 days).
Other relevant information:
D. The new US Treasury Bills (gold-backed currency) will be available at ATMs starting January 1.
E. Six US Treasury agents will be stationed at all redemption centers. The United States Treasury Marshals are under the Secret S ervice.
What is a marshal? The Sheriff’s Department provides security for the federal judiciary and administers the witness security program. Manage and sell assets seized or confiscated from criminals.
100 Attacks on U.S. Forces in Syria and Iraq: A Rising Tension, 1 JAN
100 Attacks on U.S. Forces in Syria and Iraq: A Rising Tension
In a series of scrutinized events, journalists have registered a staggering 100 assaults on the American forces’ positions in Syria and Iraq. The spotlight, however, seems to be focused on the Ain al-Asad airbase, a crucial U.S. military locus, bearing the brunt of almost a third of these attacks. While the specifics of each assault remain undisclosed, the collation of these incidents underscores the escalating tensions and hostilities American troops face in these countries.
Surge of Attacks Amid Israel-Gaza Conflict
Recent reports reveal a surge in attacks against U.S. and anti-jihadist coalition forces in Syria and Iraq. This sudden spike coincides with the onset of Israel’s war with Gaza. Washington’s count indicates that, since mid-October, over 100 attacks on American targets have been reported in Syria and Iraq. The majority of these have been claimed by the Islamic Resistance in Iraq, expressing their dissent against U.S. support for Israel.
Airstrikes and Casualties: A Recurring Pattern
Among these incidents were the airstrikes near the Iraqi border in eastern Syria, which reportedly claimed the lives of 19 pro-Iran fighters, including Syrians and Iraqis. Believed to be executed by Israel, the strikes targeted military positions, a weapon consignment, and an ammunition warehouse. In another event, airstrikes on the border region resulted in the demise of six Iran-backed militants, including four from Lebanon’s Hezbollah group and two Syrian militants.
The Pressing Concern of U.S. Forces’ Security
Amidst the increasing number of attacks and casualties, the security and operations of U.S. forces in the Middle East are becoming a significant concern. This mounting tension places Iraqi Prime Minister Mohammed Shia al-Sudani in a delicate position as he strives to mediate between the militant groups and the U.S. The documentation of these attacks is critical, providing an unprecedented record of the challenges and threats that the U.S. military confronts in its overseas deployments, particularly in the unstable geopolitical climate of the Middle East.
https://bnnbreaking.com/world/us/100-attacks-on-u-s-forces-in-syria-and-iraq-a-rising-tension/
"RV UPDATE" BY MNT GOAT, 1 JAN
Mnt Goat
...we can see what is slowly happening is that Iraq is moving back to a normalcy of their financial system an international normalcy. It takes much more than just putting in place the banking reforms, the means and the mechanisms to do it as we have witnessed over the past years. But now they are actually doing it. It may be slow but remember they are still under the strong arm of the US Treasury on this matter too and are working very closely with them at their pace. In many ways this is good as we want the US to support this process when it comes time to give the “green light”. This is why so many visits by the US Treasury to Iraq.
..there is always one news article to grab my attention and stands out from the rest...WOW, WOW, WOW news. It says that the purpose of foreign currency in Iraq is to deal with it outside the [national] economy, so it is not possible to consider the existence of a price in the dollar and a price in the dinar: one rises and the other falls. No monetary policy can control such a situation ...Folks this is just what we have been waiting for so long to hear...This is huge news.
They are finally getting off the sanctioned use of ONLY US dollars for trade outside Iraq. Yes, they are beginning to act now like they are out of the UN 1991 & 2003 sanctions, that by the way, happened over a year ago. So, yes, it is about time. We all should be jumping for joy and maybe even taking a couple sips (I said just a couple) of that refrigerated champagne… lol.. lol.. lol. Save the rest for what is coming next and that includes going to the bank.
"RV UPDATE: CONVERSATIONS WITH THE CBI CONTACT ABOUT THE DECLINE OF USD AGAINST IQD AND. THE OFFICIAL CBI RATE: " THE DOLLAR ISSUE"," BY MNT GOAT, 30 DEC
MNT GOAT
I was able to talk to my CBI committee member contact yesterday and I will review the content of our conversation with you today, what was said and why they put the project to delete the zeros on a temporary hold.
So, these past weeks we have read multiple articles on the decline of the dollar against the dinar and the official CBI rate. These articles tell us it won’t be much longer until the dollar issue is resolved. We all asked ourselves if this might be the reason for the delay. So, in my call to Iraq I asked this question.
I was told this is the issue involved in the holdup. This is exactly what they needed to see in the decline of the parallel market rate as it was holding up the final blow to the dollar and to allow them to continue on with the next steps in the process to get to the reinstatement.
I asked how close does the parallel black market rate of the dollar have to get to the official CBI rate of the dollar?
I was not given an exact figure because even my contact did not know. Of course a very close almost exact would certainly be the target, as common sense must prevail in our thinking on this too. But having told this to me, I was also told that it is not long before the decline is completed with the measures as the CBI in now making with agreements with many of Iraq’s trading partners and future trading partners to use their foreign currency in making trade payments in place of the dollar. I was told this is how Iraq used to do business prior to the sanctions.
I was also told that in the coming months, we will witness what was described as a rapid decline in the parallel market, suggesting that it will reach a level close to the official rate soon then at this time an American green light to release the currency reform process to move ahead again will be given. Of course, this is the expectation of my CBI contact and they know much better than I what is really going on in these meetings.
But here is the most interesting news from our standpoint. I was then told that at some point when the parallel market is stabilized to the official CBI, they plan to conduct one more rate change to the program rate, closer to 1000 from 1320 and then monitor it for inflation for a period of time and then if all goes well, initiate the swap-out of the three zero notes for the newer lower denominations. We all should know comes next after this step is completed……hint…hint…
https://dinarevaluation.blogspot.com/2023/12/status-of-rv-by-mnt-goat-28-dec.html
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...