There’s a fake petrodollar news story doing the rounds that Saudi Arabia and the U.S. had a 50-year contract in which Saudi agreed to settle all its oil sales in U.S. dollars. Supposedly, this is meant to foreshadow the end of dollar dominance and is good for cryptocurrency prices. Except there was no such deal.
"The Bank of Japan on Friday said it would trim its vast hoard of government bonds as it cautiously steps away from its long-running ultra-loose monetary policy."
As you can see, several countries are beginning to pull back on bond buying and use of the US dollar.
This decrease in the use of the dollar and increase in local currencies around the world will begin the process of leveling the playing field in the currency markets.
New demands on local currencies that have not been used in years will begin to surface new price actions.
Iraq Affirms Its Commitment To Supporting International Security And Stability In The Region
Political | 06/16/2024 Baghdad - Mawazine News Foreign Minister Fuad Hussein affirmed, on Sunday, Iraq’s commitment to its effective role in supporting international security and stability in the region.
A statement from the Ministry of Foreign Affairs, received by Mawazine News Agency, stated that “Deputy Prime Minister and Minister of Foreign Affairs Fouad Hussein met with Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs of the Kingdom of Saudi Arabia, on the sidelines of the peace summit in Ukraine, which was held at the Brukenstock Resort in the Swiss city of Lucerne.” .
The statement added, "During the meeting, the two sides held in-depth talks on ways to enhance efforts to bring peace to Ukraine and end the war, and stressed the importance of enhancing constructive dialogue between the conflicting parties through international mediation and diplomacy, and relying on peace initiatives supported by the United Nations."
The statement indicated, "The discussions between the minister and Prince Faisal bin Farhan dealt with bilateral relations between Iraq and the Kingdom of Saudi Arabia, with a focus on ways to enhance and expand bilateral cooperation."
Hussein stressed, according to the statement, that "Iraq is striving to strengthen its efforts in cooperation with our brothers and the international community to achieve security and stability in the region, which reflects Iraq's commitment to its effective role in supporting international peace and security." https://www.mawazin.net/Details.aspx?jimare=249833
When you go to the REDEMPTION CENTRE for Your Appointment:
Make Sure You NEVER just hand over your Currencies or ZIM for EXCHANGE w/o asking the following questions first w/ someone from there as a WITNESS.
Write everything down and have the person asking and answering your questions print their name and initial or sign what you wrote down.
Here’s why:
When the security person asks for your currency and ZIM to verify it with the De la Rue Machine to determine if it is AUTHENTIC, DO NOT just hand it over. I REPEAT, DO NOT just hand it over. Do one Country and one denomination at-a-time. Ask them if by handing it over to them “ ARE YOU EXCHANGING IT?” Their answer should be NO.
This become MOST IMPORTANT when they are giving you the rates. You MUST make sure you have all your questions answered first before “handing-over” ANYTHING. Have you completed the Summary Sheet for each currency? Have you separated everything by Country and denomination and put in separate clear ZIP-LOCK Bags, ie., Dinar -$1,000, $5,000, $20,000 so you will have a post-it with of each, then paperclip each stack. Put each in it’s own Zip Lock Bag then put Dinar Zip Lock Bags’s (3 in this Example) into 1 that Holds All three.
People that walk-in UNPREPARED
will be the 1st to “SPIN OUT” (their head will not think straight) and they will make HUGE MISTAKES. REMEMBER: They are not there to tell you what to do or fix what you haven’t done. You are on the CLOCK, so you must have your head on straight. Practice w/ a friend or Spouse, etc
ZIM STEP ARE EXTRA CRITICAL; Are you aware there could possibly be “LIMITS” on just how many ZIM you can EXCHANGE for FULL PAYOUT. Right, now, your head is on the edge of “SPINNING-OUT” because this is most likely the first time you’ve heard me or anyone else mention it. Now, QUICK! What is the Capital of Rhode Island?
Your answer should be, heck I don’t know. That was your one practice situation. And, so long as you can stay calm and breathe, why are you there? To “EXCHANGE” YOUR CURRENCIES AND ZIM.
I REPORTED THAT THOSE WITH THE “LARGE” EXCHANGES OF ZIM WERE ONLY GETTING 10% OF THE TOTAL WITH THE OTHER 90% GOING INTO THE NATIONAL HUMANITARIAN INITIATIVE BUCKETS. AND, OF THEIR 10% THEY WERE GETTING 1% NOW WITH THE OTHER 9% BEING HELD UNTIL AFTER THE NDA’S EXPIRE. THEY CAN DO WHATEVER THEY WANT WITH THEIR 10% as none of it is required to be used in a Humanitarian Project. It’s all Personal to be spent on whatever they want.
The Ministry of Oil explained today, Monday, the details of the memorandum of understanding signed with the American company Honeywell for the development of refineries, and while referring to the Prime Minister’s guidance to prepare a study to establish a pipeline network adjacent to the development path, it revealed projects that will soon enter service for raising refining capacity.
“There is a memorandum of understanding signed by the Minister of Oil under the auspices of the Prime Minister with the Prime Minister with Honeywell, one of the large specialized companies with extensive business in all activities,” said Hamid Al-Zoubaie, referring to “a workshop with the company on the activities of refinery activity.”
Al-Zubei explained that “the memorandum signed aims to develop projects for the development of refineries and meet what was directed by the Prime Minister on the arrival of liquidation capacity to 40 percent of the production capacities of crude oil,” noting that “the increase in refinery capacities to 40 percent will add value to the crude oil produced and lead to raising financial returns and thus be supportive of the national economy.”
He pointed out that “7 projects were discussed with regard to refineries and a capacity of 70 thousand barrels for each project in the governorates of Maysan, Dhi Qar, Muthanna and Najaf, as well as the third unit in the refineries of Al-Dura, Hadith and Al-Qayyarah.”
He pointed out that “the ministry’s plan was presented and discussed extensively with Honeywell through the workshop, and it is hoped that a full vision will be provided by the company on the process of developing the refineries with the capabilities offered within the next two weeks.”
He added, “Honeywell, is known for its expertise and technical and technological capabilities and is important for gaining and transferring expertise for national landers and facility development,” stressing that “after completing the preparation of projects, the implementation mechanism and the time periods for their completion will be determined.”
He noted that “the Prime Minister paid great attention to the liquidation sector through the development and raising the capabilities of refineries for its great economic importance,” noting that “great achievements have been made in the liquidation sector during the last short period represented in the completion of the fourth unit in the South Refinery, which added 70,000 barrels refining capacities, as well as the unit of the elimb in the same southern refineries, which will be opened very soon, where it added about 1200 cubic meters of high-octane gasoline, as well as the completion of the Azmra unit in the Dura refinery and the rehabilitation of the North refinery in a record time, which added a refining capacity of about 150 thousand barrels.”
He continued: “Over the next few days, the LCR unit in the North Refinery will enter service and will add up to 3,000,000 liters of high-octane gasoline, as well as the CCRU in the North refinery has also been operational,” stressing that “all these projects have been completed in very short periods.”
He continued, “The upcoming projects, which will enter service soon, will be a contributing factor in raising refining capacities and filling the local consumer need for some products, including the FCC unit in the southern refineries, as it is hoped that they will be completed in the first half of next year, as they will add a production of high-octene gasoline by 4,000 cubic meters to 4,000,000 cubic liters, as well as we have projects of refinery energy addition in a modern refinery, during the current quarter of this year, by adding 20,000 barrels.”
He pointed out that “the Prime Minister directed the Ministry of Oil to prepare a study that includes the establishment of a pipeline network adjacent to the development path that meets all the future strategic plans of the Ministry of Oil from the fields to the transport process, in order to facilitate the process of transporting crude oil and gas between the north and the south as well as export ports.”
Tony said that the Banks are ready, and that the 3 letter agencies expect it tonight. Sudani wants it done before the holiday begins in Iraq on Sunday. “Something” is being done electronically, that is of importance internationally, and it needs to be completed first. If it’s done today, it will go tonight, if not, it will go tomorrow.
He did not specify exactly “who” is responsible for this, so it remains a mystery, since he didn’t elaborate if it was the US or Iraq. 🤷♀️
The Dinar rate is over $4.00 now, and they are in the process of changing the rate from $70 to $80 in their budget.
“Something” was done to the ATM’s in Iraq on Wednesday and today, as he speaks. He said to read between the lines, as news of it is expected to break tomorrow, with the Gazette. 🥳
Tony spoke with his Iraqi contact who said that Sudani is hoping to have this done by tomorrow, and if it’s not, then within the first 5 days of the holiday, which starts on Sunday.
That’s it for the opening monologue, if there is anything of importance that he drops during the live callers, I’ll do an update.
Have an amazing day everyone, and let’s pray this in !!
Tony said that the Banks are ready, and that the 3 letter agencies expect it tonight. Sudani wants it done before the holiday begins in Iraq on Sunday. “Something” is being done electronically, that is of importance internationally, and it needs to be completed first. If it’s done today, it will go tonight, if not, it will go tomorrow. He did not specify exactly “who” is responsible for this, so it remains a mystery, since he didn’t elaborate if it was the US or Iraq. 🤷♀️
The Dinar rate is over $4.00 now, and they are in the process of changing the rate from $70 to $80 in their budget.
“Something” was done to the ATM’s in Iraq on Wednesday and today, as he speaks. He said to read between the lines, as news of it is expected to break tomorrow, with the Gazette. 🥳
Tony spoke with his Iraqi contact who said that Sudani is hoping to have this done by tomorrow, and if it’s not, then within the first 5 days of the holiday, which starts on Sunday.
That’s it for the opening monologue, if there is anything of importance that he drops during the live callers, I’ll do an update.
Have an amazing day everyone, and let’s pray this in !! 🙏❤️🥳💸