Monday, February 19, 2024

U.S. imports from Iraq rebound after hitting zero last week, 19 FEB

 U.S. imports from Iraq rebound after hitting zero last week

In spite of a spike in exports from Iraq, U.S. imports of crude oil decreased little last week, according to statistics obtained by

For the week ending February 18, total imports from nine major suppliers averaged 5.425 million barrels per day (bpd), a little decrease of 34,000 bpd from the previous week’s 5.459 million bpd.

But Iraq’s export figures to the US increased from zero the previous week to 43,000 bpd. Declines from other significant suppliers, including as Canada (-26,000 bpd), Mexico (-15,000 bpd), and Colombia (-10,000 bpd), countered this increase.

With an average of 3.999 million barrels per day, Canada continues to be the largest exporter of crude oil to the United States, followed by Mexico (294,00 barrels) and Saudi Arabia (390,000 barrels).

"QFS CONVERSATIONS" BY GOLDILOCKS, 19 FEB

 China Plans to Accelerate Cross-border Data Transfersby Implementing Trial Rules in Shanghai Pilot Free Trade Zone

"...cooperation with the Digital Economy Partnership Agreement (“DEPA”) countries in the field of digital trade, actively establishing the Lingang Special Area as a model site of DEPA cooperation[4], and promoting the implementation of new rules such as “paperless trade."

China is in process of Accelerating Cross-Border Data Transfers through Implementing trial rules in the Shanghai pilot free trade zone.

The transfer of personal data to another country requires the testing of protection laws through controllers to fulfill the needed requirements when transferring personal data across borders.

These new data rules are being tested on the Shanghai Exchange and accelerated to test and implement these new digital monetary policies.

The Shanghai Exchange incorporates much of Asia and the Middle East in trade going across borders from the East to the West.

This test pilot will allow China the ability to comply with the new Digital Asset-Based Trading System data requirements enabling trade on a global scale to move forward.

The Chinese Yuan is utilized on the Shanghai Exchange, and they have already told us they are considering a gold-backed Chinese Yuan to lead the way in trade among the Nations they trade with going forward.

The Shanghai Exchange is the third largest market exchange in the world. It has a market cap of nearly 7 trillion dollars in assets. A Golden Yuan that trades with markets around the world through the Shanghai Exchange will significantly change monetary policies around the world to keep pace with these new developments.

And, we must not forget that the Shanghai-Hong Kong Stock connection will enable their new pilot program on stablecoins to play an important part of the global payment systems around the world to function freely on the Shanghai Exchange that connects to the rest of the global economy.

All roads lead to gold, and "digital gold" will set us free.

© Goldilocks
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Kurdistan's president, U.S. congressman discuss security partnership, 18 FEB

Kurdistan's president, U.S. congressman discuss security partnership

Shafaq News/ Kurdistan's President Nechirvan Barzani met with a delegation from the US Congress for talks security cooperation and the partnership between the United States and Iraq, an official readout by his bureau said on Sunday.


The readout said that President Barzani and the U.S. delegation, led by Congressman Michael Turner, met on the sidelines of the Munich Security Conference (MSC) and addressed the Baghdad-Erbil disputes and the political situation in Iraq and the Kurdistan region. 


The readout said the delegation "reaffirmed the US Congress's continued support for Iraq and the Kurdistan region," stressing that "the US views Iraq and the Kurdistan Region as important allies and partners in the region."


"RV UPDATE" BY FRANK26, 19 FEB

 Frank26 

  The high quality sample sheets [of new lower note dinar samples] are for the employees but eventually when the CBI is ready then they will invite the Iraqi citizens to come to the banks through their apps on their phones...flyers...billboards...television...commercials to come in.  'We would like to introduce you to the new lower notes that we would like to be giving you.'  They'll project these new 1, 5, 10, 20, 50, 100 on the Channel One Iraqi Financial News.

 The process for you to exchange your currency...when you decide it's time...you're going to go to  Chase. 

 You can go to other banks, nothing wrong with that...but I would suggest you go to Chase...What is the Chief Executive  Officer of Chase doing in Iraq right now?  Opening 10 Chase banks...I don't believe in coincidence...I encourage you to consider  Chase because they're going to be able to connect you with IMO one of the most powerful ways to diversify your money.  Yeah, JP  Morgan.     

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