“Well the call confirmed what I had heard and was going to share. There are more rumors and tentative release dates than anyone can keep up withstartingtoday thru the end of March,
but the folks I am hearing from are suggesting our notifications will occur between the Wed. 10th and Fri. 12th of Jan,withexchanges commencing somewhere between the Thurs. 18th and Sat. 20th with a maximum initial cash distribution via debit card of 10k with balance due deposited in your new QFS Account within 10 to 15 business days after your exchange. Is there confirmation of this via official agencies? NO, but the exchange centers are preparing for the dates suggested to schedule appointments.
Iraq Surpasses Saudi Arabia In Oil Exports To America
Energy Economy News _ Baghdad The US Energy Information Administration announced on Sunday that Iraq's oil exports to America decreased over the past week.
The administration said in a table seen by Al-Iqtisad News, “The average US imports of crude oil during the past week from nine major countries amounted to 5.909 million barrels per day, an increase of 1.37 million barrels per day compared to the previous week, which amounted to 4.872 million barrels per day.”
She added, "Iraq's oil exports to America amounted to 239,000 barrels per day last week, down by 141,000 barrels per day from the previous week, which averaged 380,000 barrels per day."
She pointed out that "most of America's oil revenues during the past week came from Canada at an average of 3,796 million barrels per day, followed by Mexico with an average of 952 million barrels per day, and oil revenues from Brazil amounted to an average of 305 thousand barrels per day, and then Libya at an average of 171 thousand barrels per day."
According to the administration, “the amount of American imports of crude oil, from Saudi Arabia, is at a rate of 139,000 barrels per day, from Colombia, at a rate of 129,000 barrels per day, from Nigeria, at a rate of 95,000 barrels per day, and from Ecuador, at a rate of 83,000 barrels per day, while no quantity of oil was imported.” Russia". 01/07/2024 - https://economy-news.net/content.php?id=39201
I am told they fully intend to have this parallel market on target and under control within January...if they can accomplish this target, we know what their next move will be... We don’t need to speculate...We know as a FACT!
The CBI is still closely monitoring the parallel rate...the parallel rate is expected to decline sometime in early January and at least match the CBI “official” rate. At that time the CBI will revalue the “official” rate to much closer to if not at 1000. Then again drive the parallel market to match it. This may take some time but I am being told they are talking weeks and not months... my CBI contact tells me we are almost here now and with the opening and spending of the 2024 budget and currency swaps with other neighboring countries for trade, it should finally break the parallel market and end it.
So, 2023 was an outstanding year for progress in the currency monetary reforms in Iraq. I could hardly believe that so much was done in such a short period of time, if you compare the other 20 years since the 2003 invasion. In today’s news we read multiple articles talking about all this progress and how they have so far managed to get the parallel rate from 160,000 to 145,000.
This is very close to the official CBI rate of 132,000, but not yet there as they expected. My CBI contact is telling me they still want to bring it closer and more stable. Currently there are still too many wide swings too often. It’s all very good signs but now there yet.
My CBI contact tells me they do need it closer and stable and when it does, they will trigger another CBI official rate revaluation. But this will still be the program rate not what we want.
We need to keep our eyes on the CBI “official” rate.
When this rate drops again, I was told they will move ahead on the project to delete the zeros. They want to accomplish this in the month of January and are optimistic they can. So, this is the very good news for today to kick off the new year.
Central Bank Of Iran: Tehran And Moscow No Longer Need “SWIFT” In Their Dealings
January 7 21:13 Information/Continue...Deputy Governor of the Central Bank of Iran for International Affairs, Mohsen Karimi, announced on Sunday that Iran and Russia no longer need the “SWIFT” system in transactions between them. Mohsen Karimi said in a statement to Iranian television:
“Exporters from both countries have the possibility of exporting in their national currency,” adding:
“In this project, exporters and importers exchange their goods for riyals. As for the countries from which we import with riyals, it is possible to export to them with riyals as well.”
Karimi referred to the opening of a letter of credit between Iran and Russia, saying:
“We have linked the correspondence network between the two countries, which means that the banks of the two countries no longer need to communicate through Switzerland.
It is possible for the exporter to submit an invoice in riyals to the Russian side and receive the money from the Russian banks.” in Iran". Karimi added:
"Iranian businessmen will be able to conduct their economic transactions with Iraq and Afghanistan in riyals during the next six months."
For his part, the Minister of Trade of the Eurasian Economic Union, Alexandrovich Slinev, explained:
“A large volume of our trade is carried out in national currencies, and 8the performance of our central banks is improving,” according to what was reported by the “Mehr” agency. LINK
Kathleen Record It appears to me that the news is a flood now. I can’t even keep up with all of it. Tressy, what is this about the 10 day countdown put out by Scavino and mentioned by today’s X22 report?
The TREK with Theresa Griffith I didn’t hear that, but I just got an update and that lines up with the timeframe I was given for the roll out of NESARA benefits, including Debt Jubilee.
Kathleen Record You mean this weekend maybe January 7th?
