DINAR REVALUATION

Sunday, May 12, 2024

FRANK26…..5-11-24…..FIL ME UP

Minister Of Oil: Soon We Will Announce The Increase In Iraq’s Oil Reserves To 160 Billion Barrels, 12 MAY

Minister Of Oil: Soon We Will Announce The Increase In Iraq’s Oil Reserves To 160 Billion Barrels

Economy | 05/11/2024 Mawazine News – Baghdad The Minister of Oil, Hayan Abdul Ghani, confirmed today, Saturday, that the Iraqi oil reserves will soon be announced to rise to more than 160 billion barrels.

Abdul Ghani said, in his speech during the launching ceremony of the fifth supplementary licensing round and the sixth round, followed by Mawazine News, that “the supplement to the fifth licensing round and the sixth licensing round are part of the government program.”

He added, "Today, the Ministry is offering 29 promising projects within these licenses to advance industry and gas wealth."

He continued, "Licensing rounds have the effect of adding two million barrels of oil to national production," stressing that "these projects will provide job opportunities, stimulate the economy in those areas, and meet the growing needs for gas."

He stressed "the imminent announcement that Iraq's oil reserves will rise to 160 billion barrels."

https://www.mawazin.net/Details.aspx?jimare=247744

EUROPEAN BANKING AUTHORITY MICA ANNOUNCEMENT BY GOLDILOCKS, 12 MAY

EUROPEAN BANKING AUTHORITY MICA ANNOUNCEMENT

"The EBA publishes final draft technical standards under the Markets in Crypto-Assets Regulation (MICA)"

Specifically, stablecoins and tokenized assets are currently in the comment stage and ready for the white papers.

A white paper is a final document ready for implementation for business owners in an industry to utilize as a reference guideline. In this case, this particular white paper is for countries around the world to use these stablecoin and asset regulations as a guideline for creating a standardized stablecoins and digital assets they can use Globally.

Remember, Stablecoins and Market assets are a digital representation of a country's currency and the assets they pay for going forward. The standardization process of our Global currencies is currently in their final phases. EBA Europa CorporateFinanceInstitute

Iraqi Dinar Guru News Highlights (5/11/24)

Iraq Represents An Important Factor In The Stability Of The Global Oil Market, 12 MAY

Iraq Represents An Important Factor In The Stability Of The Global Oil Market

Economy | 05/11/2024 Mawazine News – Baghdad MP Nour Nafie Al-Jalaihawi confirmed, on Saturday, that Iraq represents an important factor in the stability of international markets in the oil and energy file.

Al-Julaihawi said, in an interview followed by Mawazine News, that “developing Iraq’s oil and gas fields is an important strategy in order to strengthen the country’s economy, diversify its revenues, and seek to raise the efficiency of its production capacity in a way that contributes to increasing exports.”

She added, "The Prime Minister's launch of the fifth supplementary licensing round and the sixth round, which will include 29 projects in fields and exploratory patches, whether oil or gas, spread across 12 governorates, is a step in the right direction that will lead to achieving three positives at the same time: increasing its ability to pump oil and produce gas and reducing the bill." Importing the latter, in addition to revitalizing neighboring regions and providing more job opportunities, not to mention supporting the governorates and financing service projects.”

She stated that "Iraq represents an important factor in stabilizing international markets in the energy file and increasing its production capacity is a step in the right direction, especially gas fields, in order to reach the stage of sufficiency." https://www.mawazin.net/Details.aspx?jimare=247775

"RV UPDATE" BY BRUCE, 12 MAY

Bruce

[via WiserNow]

Somebody put something out about taxation, or this this would be a taxable situation for us - it is not a taxable event...It's BS don't buy it - not a taxable event period.

We're looking for 3 green lights – military - Treasury – and Wells Fargo in that 0rder... They got the green light from the military...we did receive confirmation that we have the Treasury's green light in the last couple of days...we did get the green light from Wells Fargo yesterday...

So in other words, we have all three green lights now covered - military - Treasury - Wells Fargo. The banks are bringing all employees in the banks up to speed on what we're about to witness and it's called Currency Training Protocols - They have been teaching to get everybody down to the teller level. Which remember the tellers didn’t know anything about this...the point is, it's really coming down to the wire.