Wednesday, June 19, 2024
Iraq talks again about electrical interconnection with Saudi Arabia, 19 JUNE
Iraq talks again about electrical interconnection with Saudi Arabia
Baghdad - Iraq Today:
Prime Minister Mohammed Shia Al-Sudani discussed with the Minister of Trade in the Kingdom of Saudi Arabia Majid Al-Qasabi and his accompanying delegation several files, including the completion of the electrical interconnection between the two countries.
A government statement said that it "received Prime Minister Mohamed Shia Al-Sudani, Minister of Trade in Saudi Arabia Majid Al-Qasabi and his accompanying delegation."
During the meeting, according to the statement, they "discussed bilateral relations between the two countries, ways to enhance joint cooperation, and stressed the importance of concerted efforts to reduce tension and crises facing the region, and the need to continue joint efforts to stop the war on Gaza as soon as possible, and open humanitarian corridors for the delivery of humanitarian and relief aid."
He added, "The meeting witnessed a discussion of coordination procedures between Iraq and Saudi Arabia to hold the sixth session of the Iraqi-Saudi Coordination Council, and follow-up the implementation of the outputs of the previous session in accordance with the competence of each subcommittee, including the political, security and military committee during the coming period, and determine the date of its convening in coordination between the ministries of foreign affairs of the two countries, as well as discuss the completion of electrical interconnection according to the memorandum of understanding signed between the two countries, and follow up the executive minutes of the principles of electrical interconnection through the relevant technical committee. "
Al-Sudani praised "the efforts of the Kingdom of Saudi Arabia for the success of the Hajj ceremonies, and praised the level of services provided to Iraqi pilgrims," and stressed "the importance of reviewing Iraq's share next year, based on the population percentage approved in United Nations statistics."
For his part, Al-Qasabi conveyed "the greetings of Saudi King Salman bin Abdulaziz Al Saud and Saudi Crown Prince Mohammed bin Salman Al Saud to the Prime Minister," stressing "his government's aspiration to expand the horizons of constructive cooperation, in various fields, in a way that contributes to strengthening relations between Baghdad and Riyadh, and achieving the interests of the peoples of the two countries."
"RV UPDATED" BY TEXAS SNAKE, 19 JUNE
TEXAS SNAKE
Lots more info being shared about bond holders being liquid, will keep you folks in the loop
Whoa rumors are wild and loose however nothing can be confirmed at this point other than we are really close to an announcement so please stay alert and GOD Bless
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Well this is the second Sunday where the big wigs at WF have had zero comments to the bankers in charge of the exchange centers, he thinks it is NDA's preventing them. Sorry folks will report anything I hear.
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Looking forward to the bankers call this morning, with all the smoke over the last 24 hours it should be interesting.
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After 4 days of dead silence there appears to be something underway tonight even though it is just after 4 AM in country, will report ASAP after I can learn what is happening.
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Folks there are numerous rumors the new IQD rate in country is to be announced and published in the newspaper in the morning and it is 05 32 there presently, bug this may be our start, but again maybe not, so stay tunned.
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Will open tomorrow for your comments as well as any upday.
https://dinarevaluation.blogspot.com/2024/06/rv-update-by-texas-snake-15-june.html
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Well several calls and unfortunately nothing new to report, we are all awaiting the GO trigger.
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TEXAS SNAKE
A practicing doctor who is a citizen of Iraq living in Texas, a former client of mine has agreed to contact family members in country tonight to determine what the current in country rate of the IQD is today, It is almost 0530 in the morning and he asked if I could await his reply until it is closer to 0800 Iraq time. I will report once he calls me back.
Have received a number of projected exchange rates on Zim IQD and Dong but have been asked not to share but I believe we will be agreeable should these rates be actual .
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Well folks banker feels very positive about what he hopes is confirmed in the morning when he calls me. Will report afterwards either way.
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It was exoressed that several bond holder paymasters had been called to Reno however there is no confirmation of this thus far. Will open for a short time should anyone have some additional info.----
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JUNE 6
Texas Snake, [06/03/2024, 10:32:59 p. m.]:
Well it's about 0530 AM in country and the info I am receiving is that the new rates will appear either when the banks open today or they will wait for the FOREX opening on Wednesday to be able to publish the new rate in the Gazette Paper. Wish I had better intel but most of the UK is asleep now.
Not much reason to open as this is all I have at this time...
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Well folks the information I have rec'ed today indicates a number of the large bondholder paymasters have been invited to Reno to begin exchanging their bond portfolios over the next 24 to 48 hour window.
We are then scheduled to begin receiving notification to begin scheduling appointments.
I have this info from 3 sources and am waiting confirmation from the banker, hopefully tonight or early AM. Will open for a short time so any members who have any news can share.
Thanks for all the members joining us and GOD Bless.
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https://dinarevaluation.blogspot.com/2024/06/rv-update-by-texas-snake-6-june.html
Accumulated Since 2011.. Basra Sends An Invitation To Baghdad Regarding 45 Trillion Dinars It Owes, 19 JUNE
Accumulated Since 2011.. Basra Sends An Invitation To Baghdad Regarding 45 Trillion Dinars It Owes
Baghdad today – Basra Today, Tuesday (June 18, 2024), the head of the Services Committee in the Basra Governorate Council, Imad Al-Mutawri, revealed that there are large sums of money owed by the federal government to Basra Governorate, indicating that for 13 years after 2011, the Ministry of Finance was late in disbursing the full allocations to the governorate.
Al-Mutawri told “Baghdad Today” that “Basra has ambitious service plans, and although the funds allocated to it in the 2024 budget do not match the size of the need to implement important and large projects, the governorate is asking Baghdad for an amount amounting to 45 trillion, which has been owed by the government since 2011.”
He added, "The Ministry of Finance must spend these amounts for the purpose of completing ongoing projects or implementing new projects for the current year."
It is noteworthy that the House of Representatives voted to allocate an amount exceeding 850 billion dinars to Basra Governorate in the 2024 budget, which led to a series of local and federal objections to these allocations.
It is worth noting that the Iraqi Parliament voted on Monday (June 3, 2024) on the schedules of the Federal General Budget Law No. 2024.
A statement by the Council's Media Department, received by "Baghdad Today", stated that "the House of Representatives voted on the schedules of the Federal General Budget Law No. 2024 amended 13 for the year and its annexes, Schedules (A/B/C/D/E and F)." LINK
JUDY NOTES, 19 JUNE
Global Financial Crisis:
- As of June 9, 2024 the Petro Dollar ended, meaning that the decades-long agreement between The Kingdom of Saudi Arabia and the USA to sell Saudi Oil exclusively using US dollars has ended… It’s kaput!
- Old fiat Federal Reserve US Dollar vs New gold/asset-backed US Note: The monetary system we rely on today is a construct designed by central bankers to benefit themselves and control the masses. The Federal Reserve Note, commonly known as the US dollar, was created to keep people in financial bondage. But now, we have a unique opportunity to break free from this system. The flaws and corruption of the old system are becoming clear, and we have the chance to move toward a new reality. This new form of money is transparent, asset-backed, and owned by the people. It’s designed to preserve wealth, gain value over time, and serve as a reliable store of value, unit of measure, and medium of exchange. Stay hopeful. The old system is collapsing, and we are on the brink of a new system that is designed for a ‘Level Playing Field’.
- Malaysian Currency Now On RV Path in BRICS Gold-Backed Alliance. Prime Minister Declares Strategic Intention to Join BRICS Alliance which leading to a significant RV of the Malaysian Ringgit (MYR). https://ai3d.blog/malaysian-currency-now-on-rv-path-in-brics-gold-backed-alliance/
Gold Standard Restoration Act:
- This bill requires the Department of the Treasury to define the Federal Reserve note dollar in terms of a fixed weight of gold, based on that day’s closing market price of gold. Federal Reserve Banks must exchange Federal Reserve notes with gold at this price and create processes to facilitate exchanges between banks and the public. If a Federal Reserve Bank does not do this, Treasury must make any exchange and place a corresponding lien on the assets of that bank.
- In addition, Treasury and the Board of Governors of the Federal Reserve must report on U.S. gold holdings.
- If you have doubts about what is coming, consider this: many countries are buying gold at record rates. Some are even reevaluating their currencies by backing them with gold and moving away from the US dollar. Blockchain technology is now minting real-world assets like gold, providing a more transparent way to validate information. We must remember that gold and silver have always been considered “God’s money,” a cornerstone of financial stability.
- Historically, efforts to return to a gold and silver monetary standard have failed because technology was suppressed, and a few maintained control over the financial ledger. However, for the first time in human history, we can leverage AI and advanced technology to secure our financial future. This is a pivotal moment, ensuring greater transparency and trust in our monetary systems.
Europe 'Displeased' With Trade Volume With Iraq, 25 DEC
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