Sunday, June 2, 2024

Pentagon Must Provide Real Support for the Kurds, 2 JUNE

Pentagon Must Provide Real Support for the Kurds

As tensions flare across the Middle East, one of the most stable and reliable U.S. regional allies — the Kurdistan Region of Iraq — is in peril. Adversarial nations and extremist militias threaten our democratic way of life and the safety of U.S. troops and diplomats in our territory. On their own, Kurdish Peshmerga fighters are not properly equipped to handle the onslaught and magnitude of assaults our region regularly faces. 

That is why the FY 2024 defense budget, also widely known as the National Defense Authorization Act (NDAA), required that the Defense Department submit a plan for providing the Kurdistan Region with air defenses, among other provisions, to ensure we can defend ourselves and protect U.S. forces and diplomats.

The law required the plan be submitted by Feb. 1, 2024, and fully implemented by July 1, 2024, including the full installation of air defense systems and training against threats such as missiles, rockets and unmanned systems. Yet, nearly six months after the bill’s passage, no plan has materialized, and the Kurdish people and U.S. personnel continue to face mounting threats with little to defend ourselves. It is vital that the Pentagon finalizes and implements its plan right away.

The Kurdish people are no strangers to joining with the U.S. in defense of freedom in the Middle East. When ISIS first spread its reign of terror across the Fertile Crescent, Kurdish Peshmerga forces fought alongside U.S. troops to defeat them. Since then, we have maintained close coordination with U.S. forces to combat insurgent terrorist cells, collect intelligence and deter aggression from our adversaries.

 It has long been our shared hope that one day Peshmerga forces could stand on their own and successfully defend against emerging threats. But doing so requires material we simply do not have. And after Oct. 7, the realities on the ground have rapidly shifted in a more concerning direction that we cannot counter on our own.

Just this year alone, Kurdish civilians have been senselessly killed by neighboring states and non-state actors’ missiles, our energy infrastructure and even U.S. bases have been attacked, and extremist groups such as ISIS have continued to sow terror in our communities. ISIS is working feverishly to reconstitute itself in Iraq and Syria. 

Gen. Michael Kurilla, the commander of U.S. Central Command, recently told a House of Representatives’ committee that ISIS-K, which launched a horrific attack in Moscow earlier this year, “retains the capability and the will to attack U.S. and Western interests abroad in as little as six months with little to no warning.” Kurdish forces are ready and willing to take a lead role in defending the region, but we cannot do it without the air defenses we have been promised.

As the Kurdistan Regional Government Representative in Washington, I am grateful that the American people, Congress and government continue to take steps to further support the Kurdish people as we strive for peace in our homeland. The requirements laid out in last year’s NDAA are crucial for the future of the Kurdistan Region, and we urgently need those requirements to be met as swiftly as possible.

There is no time to waste. The Defense Department must immediately deploy a comprehensive, integrated air defense system that protects the entire Kurdistan Region. The effect of such a deployment would be threefold: to serve as a force protection measure for U.S. troops and their partners, shield innocent civilians from harm, and provide a robust deterrent against continued escalation.

As we have seen countless times around the world, when the U.S. provides its allies with strong defensive capabilities, it ensures that they can protect themselves from hostile forces without sending American troops into harm’s way. The same is true in Iraq. If the U.S. provides the Kurdistan Region with the resources to defend itself, we can ensure that a wider Middle East conflict does not arise and save countless lives.

Installing an air defense system in the Kurdistan Region, a beacon of stability and democracy in a turbulent region, serves the best interests of both the United States and the Kurdistan Region.

Treefa Aziz is the Kurdistan Regional Government (KRG) Representative to the United States of America. She wrote this opinion piece on US News Website the Hill.

Last Wolverine Call, 2 JUNE

 Fri. 31 May Last Wolverine Call

  • “I received an official notification from Brazil – “Good afternoon to you and your family. Confirmed the release order has been given – Colombia, USA, Brazil. The representative of the Columbian project manager begins with his delivery protocols to his Tier4B. Leading representative internet group starts in June.
  • The banks are ready and adapted to 100% QFS. The drought has already ceased. Wait for your notifications from Columbia today (Sat. 1 June) after 12 pm. 
  • The Victory of the Light took off. Prepare your Passports. The Journey to the New World has arrived. Congratulations and Best regards.”
  • This came through last night. I received another message from a very strong contact, a Whale, from Zurich, saying he got the same message.
  • I don’t follow TNT much, but it came through on their call saying that every contact and agency says, “It is a go today.” This may be in line with what we have received from Brazil.  
  • Reno – I have been told, is about to kick off.  I am waiting to get a call from my source in Reno and hopefully we will get that done. 
  • My friend Mauricio cannot say much, but all is good, and he is ready to go. I was a bit emotional when I heard.
  • So, by next week, everything will be looking beautiful. The foundations are all funded. They are ready to go. So, get ready to meet the new world.
  • This is not a rumor, this is fact that is coming through. I am hoping and praying this is my last call and my next call will hopefully be the opera. Have a beautiful day. I am hoping I get that call from Reno today. If I do, then I will have an EMERGENCY LIVE CALL for you all. Obviously if I am allowed to send that opera, I will. Take care, Wolverine
  • Gold Standard Restoration Acthttps://www.tiktok.com/@naqueenzaire/video/7374827928531602730?_t=8mqUtNgYa0V&_r=1

Iraqi Dinar Worth Waiting of 15 Years See the Live Rates IQD News Iraqi ...

Iraqi Parliament to Vote on 2024 Budget Amidst Disputes, 2 JUNE

Iraqi Parliament to Vote on 2024 Budget Amidst Disputes


ERBIL — The Iraqi parliament is scheduled to vote on the federal budget on Monday despite disagreements among the political factions regarding the legislation.

Iraq's 2024 budget will be discussed and voted on Monday, June 3rd, although disputes over the allocation of funds to the provinces persist.

According to a statement issued by the Iraqi parliament, the meeting will commence at 3 pm Baghdad time; however, disputes over provincial funding continue. The 2024 budget amounts to over 210 trillion Dinars, with a deficit exceeding 63 trillion Dinars, and the Kurdistan Region's share set at 20 trillion Dinars.

The Finance Committee will prepare a report on the schedule and present it at the meeting.

According to Kurdish MPs, the report will be discussed after it is read, and MPs are expected to deliberate on the forecasted expenditures, revenues, and deficits for 2024.

The meeting in Parliament requires the presence of half of the total number of MPs, and the budget's approval necessitates the vote of half of the members present.

This budget discussion in the Iraqi Council of Representatives occurs amidst the vacancy in the position of Parliament Speaker since November when the Federal Supreme Court revoked Mohammed al-Halbousi's parliamentary membership, ending his tenure as speaker.

The legislative session ends on June 9th and will be followed by a month-long recess.

"RV UPDATE" BY PIMPY, 2 JUNE

 Pimpy 

 Trump did not buy Iraqi dinars.  You realize Trump has been tied to Iraqi dinar way before he was the president?

  ...You have to be careful about where you're getting your source from...

There are no articles out there that confirm this at all...There's no, and I mean none, proof out there that Donald Trump owns Iraqi dinar...

Article: "Expert: The Iraqi economy is witnessing a remarkable growth, with the decline in the dollar exchange rate."  This is good.  We need this to happen.  Iraq needs it to happen.  More importantly the policies that are being implemented by Iraq are favorable amongst the IMF, World Bank and all those people who are involved with making sure Iraq stay on track, stops laundering money and financing terrorist.  The more Iraq continues to stay on track and prove to the world they are going to behave themselves for now on the doors open for Iraq to rejoin the international community...

 Article: "Economist:  The budget is not affected but dollar exchange rates.  And explain the reason The person is saying the budget is never affected by the dollar exchange rate because the budget is based on Iraqi dinars.

Article: Central Bank of Iraq quote "There are no current plans to print new currency.

 What that tells me is people don't have to worry about a lop or redenomination because in order for you to have a redenomination or a lop you have to create new currencies.  It also tells me they're not creating the lower denominations which means they're going to stick with the currency they currently have.  Some people see this as the glass half full.  Some people look at it as the glass is half empty.

 I agree it's going to happen.  I don't have doubt about that.  I'm just keeping an eye on whether or not they want to delete the zeros.  If they go to a free floating market hopefully there won't be...deleting the zeros and we'll see the exchange rate go up pretty quick before they have time to respond...

Iraq was already a member of the World Trade Organization.  They are going through the ascension process for a second time.  That's because all the rules, regulations, understandings and business practices...changed once the fall of Saddam Hussein.  Now we have to make sure all their practices, rules and regulations regarding trade line up once again with the World Trade Organization.  Iraq has been a member of the World Trade Organization since 2004.  This is their second time throughout the ascension process...

There's this misconception that the World Bank, IMF and the BIS get to tell countries what to do.  They don't...They facilitate.  They make recommendations but they don't control a country's bank..----.

Another budget is getting ready to come and go and there is no talk of the rate change.  Isn't that what they told you It would be in the new budget because there was no way for them to do large projects, there was no way for them to move forward without an exchange rate change...Why so secret now?  Is this one of those things they're trying to keep from the people?  

They didn't keep it from the people last time [they increased the value] and there's no mention of it this time...Keep your fingers crossed, it hasn't passed yet so maybe they'll change it between now and the time they pass it...You guys know what I think.

 Floating the currency means the value is determined by the market, so if people for whatever reason want to start investing in the Iraqi dinar and the start buying up the Iraqi dinar that means the demand for it is there, think supply and demand.  

 Since they have a liquidity issue, there's not going to have a lot of Iraqi dinar out there and if that's the case then they don't have the supply to feed the demand...But we'll be more than happy to sell our Iraqi dinar back to them if they get the exchange rate up around a quarter or more. I know I would.

https://dinarevaluation.blogspot.com/2024/05/rv-update-by-pimpy-24-may.html


(Critical Update) "Yah, Budget's Getting Approved Monday"

Iraqi PM discusses Kurdistan Region's oil flow resumption, economic impact, 2 JUNE

Iraqi PM discusses Kurdistan Region's oil flow resumption, economic impact

ERBIL (Kurdistan24) - In an interview with Anadolu Agency (AA) on May 31, 2024, Iraqi Prime Minister Mohammed Shia al-Sudani addressed the prospects of resuming oil flow from the Kurdistan Region of Iraq (KRG).

He emphasized the significant economic impact of halting oil exports from the KRG fields.

“The stopping of pumping Iraqi oil extracted from the fields of the Kurdistan Region of Iraq (KRG) is undoubtedly a loss for Iraq, and at least it is a missed benefit that could support development plans in the provinces of the Kurdistan Region of Iraq and strengthen the overall Iraqi economy,” al-Sudani stated.

He outlined the efforts made to find acceptable settlements and legal solutions following a thorough legal study. However, he noted that the issue remains tied to legal commitments.

“The Federal Budget Law requires that the cost of producing one barrel of oil in all fields be within the national average production cost, which is about $8 per barrel, according to the Federal Ministry of Oil,” al-Sudani underlined.

He added that the KRG’s Ministry of Natural Resources calculates the production cost at about $26 per barrel under the contracts signed with operating oil companies.

“We have proposed either to amend the budget law or to amend the agreements and contracts with these companies. From this perspective, the companies stopped production, not because of a ban from the federal government, but waiting for a solution,” he explained.

Al-Sudani noted that while the companies refused to amend the contracts, the regional government agreed.

“For these reasons, more work is needed to find a legal solution that prioritizes ensuring the rights of Iraq and its people to their wealth,” he added.

This comes at a time when the Federal Ministry of Oil issued a statement, in which it called on the Ministry of Natural Resources in the Kurdistan Region and the oil companies operating in the region to hold a meeting as soon as possible, to agree to accelerate the restoration of oil production and resume its export through the Turkish port of Ceyhan.

As of March 25, 2023, crude oil exports from Kurdistan fields and Kirkuk Governorate to Turkey via the Turkish port of Ceyhan were halted.

This came after the International Arbitration Tribunal in Paris ruled that these exports were illegal, following a lawsuit filed by the federal government against Turkey in the International Court of Arbitration in Paris in 2014.

The lawsuit was due to Turkey allowing Kurdistan’s oil to flow into its territory and export it without Baghdad’s approval.

According to an agreement concluded between Baghdad and Ankara in 2010, the Iraqi Oil Marketing Company (SOMO) is the only entity authorized to export, market, and sell Iraqi oil in global markets.

Kurdistan was exporting 450,000 barrels daily to Turkey to secure the salaries of its employees and its financial revenues, due to the absence of an oil and gas law regulating the management of oil wealth in Iraq.

On April 4, 2023, Erbil and Baghdad reached a temporary agreement until the Iraqi Parliament approved the oil and gas law.

This agreement stipulated that the Kurdistan government would hand over 400,000 barrels per day to SOMO, form a four-part joint committee to supervise the sale of oil in global markets, open an independent account with the Central Bank to deposit financial revenues, and appoint a representative from the regional government to the position of assistant general manager of SOMO.

The ongoing negotiations and legal considerations are part of a broader effort to stabilize Iraq’s economy and ensure equitable distribution of resources across all regions.