Al-Hakim: Iraq's Oil Rentier Economy Is A "Major Challenge"
Wednesday 03 July 2024 Politics Number of readings: 193 Baghdad / NINA / The head of the National State Forces Alliance, Ammar al-Hakim, considered the rentier oil economy in Iraq a "major challenge."
Al-Hakim said during his hosting at the Baghdad Forum for Young Leaders, which was held by the Ishtar Foundation, that "the rentier economy is a major challenge and oil prices will not last long, especially if the influences that led to the rise in prices are removed."
He added: "To help break the rentier economy equation and move to the five-point agriculture, industry, tourism, investment and technology, and that all these titles are capable of opening a window of work for young people and transforming them into an effective and productive segment."
He pointed out that "Al-Sudani succeeded in his performance, which was positively reflected on the forces supporting and enabling him, and that the focus was on popular satisfaction with the government, while there is another popular satisfaction with the political forces, as evidenced by the results of the recent elections," indicating: "
Al-Sudani's success in his previous tasks is what prompted the Coordination Framework to empower him in the prime minister's office and assign him to manage the government."
Al-Hakim pointed out that "youth are a vital pillar in our Iraqi reality, given their numbers and proportions in society, which requires care and empowerment for them, taking into account requirements, developments, technology, information technology, and the like."
He continued: "Youth face major intellectual and social challenges, the first of which is drugs," calling for empowerment that is commensurate with the capabilities of youth, trust in Iraqi youth, and attention to their successful experiences." / https://ninanews.com/Website/News/Details?key=11395
“There will be no announcement of the RV. The notifications for Tier4b to exchange will just come out without warning. Tier4b is defiantly going to exchange very soon. I received a call, but can’t say much because everything is confidential. Everyone is under NDAs. Private contractors are being paid. Bond Holders are starting. I’ve seen the signed contracts and certified documents for the reset. It’s defiantly happening.”
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WOLVERINE
Mon. 1 July 2024 Wolverine
“There will be no announcement of the RV. The notifications for Tier4b to exchange will just come out without warning and should come sometime this week.
I received a call, but can’t say much because everything is confidential. Everyone is under NDAs. Tier4b monies have been positioned. Private contractors are being paid.
Bond Holders are in position. I’ve seen the signed contracts and certified documents for the reset. Hold on. It’s coming.”
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WOLVERINE
Sun. 30 June 2024 Wolverine
I have seen a certified announcement of the release of the Global Currency Reset. It has been released. Presently the private contractors are getting paid. This week the Bond Holders will get paid. I’m not sure about the Tier4b Group (Us, the Internet Group).
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Sat. 29 June 2024 Wolverine
“The news has been overwhelming coming from so many sources. Some say it’s starting tonight. Some say it’s already started. They’re getting ready in Iraq for the RV tomorrow (Sun. 30 June 2024). …The latest is that you should get ready.
It’s really coming. The G-20 (an intergovernmental forum comprising 19 sovereign countries) gave the release and emails for the Internet Group will be coming out sometime between Mon. 1 July and Fri. 5 July.
…Some Bond People have already been paid. They aren’t answering my calls because they are under NDAs. Be responsible with your money. Use it wisely. You will be an NDA and you cannot talk about the RV. If you talk about it you will get your money frozen and you won’t get it.
I’ll be going silent for about three months. Get ready for tomorrow (Sun. 30 June 2024) for the biggest celebration you have ever had because that’s when the RV is coming out – about mid day in Iraq. This is not a false alert because it is really coming. I can’t wait because all that hate I have been hit by will go away. God Bless you. I love you. Welcome to the new World. Bye Bye.”
Market Economy News – Baghdad The Securities Commission confirmed on Wednesday that the government had successfully completed the sale of financial bonds, while indicating that many foreign investors had purchased those bonds.
The head of the authority, Faisal Al-Haimus, said: “The government has successfully completed the sale of financial bonds,” indicating that “all financial bonds that were sold were subscribed to, and this reflects the strength and stability of the State of Iraq.”
He pointed out that "there are many foreign investors who bought financial bonds, and this reflects the stability of the Iraqi state."
Government bonds are a type of debt-based investment where you lend money to a government in exchange for an agreed-upon interest rate. Governments use them to raise money that can be spent on infrastructure or new projects, and investors can use them to earn set returns that are paid at regular intervals. 172 views 07/03/2024 - https://economy-news.net/content.php?id=44856
Iraq has a meeting with the WTO according to the calendar...on or around the 18th of this month. What is it about? It's talking about their accession process, whether that's going to happen or not that day I don't know but assuming that it's moving forward it sounds like their accession is going to be imminent.
You're not going to get Iraq to jump into the world market, the global stage, without being able to be competitive and communicate electronically - Platforms needed to be designed...We know they have e-government...e-education, they have all that and done it over a short period of time. The electronic systems at the borders, the ISA system are global. They are worldly...The WTO is at the core of this. It's real.
Iraq...hasn't had a real effective exchange rate for over 20 years...Man we're really really close.
The Real Effective Exchange Rate changes the whole dynamics. They wouldn't have gotten this far in the stage if they were going to go do all the things they're talking about at 1310. They would have already done it by now...
They're effectively stating to everybody that they're going international. They're giving a laundry list of all the things they've done, are doing and in support of where they're headed.
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That's what we are waiting for as we speak [seeing what's in the budget]. We haven't seen them expose that rate or that information to us just yet but they're going to. They don't have much choice because June 12th it [The budget] became law...The court already said... just because they have an appeal doesn't mean they have any weight to them.
The budget is only at $70 [per barrel], they've been trying to see if they can modify it and kick it up to $80 so they can spend more money...Oil prices are at $80+ and they think it's going to keep moving forward for the next year or year and a half.
Article quote "...the global energy market sources indicate the current rise in oil prices will continue until the end of the year 2025."
Everybody should be pumped and ready to go...
Article quote: "Sovereign guarantees to the private sector will contribute to the industrial renaissance"
This article right here will blow your socks off...
Welcome everybody to the Big Call tonight. It is Tuesday, July 2nd Hope everybody had a wonderful start to the month of July. Think we're going to finish this month very well. And thank you for tuning in to the big call wherever you're located. Thank you for being part of the SAT team's coverage of the big call, and anybody else that's just happened to tune in.
We’ve got some things we want to share with you guys tonight that are very positive, and I'm looking for hearing also from Sue and also hearing from Bob. I'm looking forward to bringing you a segment about intel when it's my turn.
I want to say that July 4 is Thursday, the Fourth of July. Independence Day celebrated here in the United States. And as was the case last year, we did not have a call on the Fourth of July, and I do not expect to have a call Thursday. We will not have a call as it is right now. We will not have a call on Thursday. Just a heads up, okay, so anybody that's hearing us live or on the recording, just beware, Thursday the fourth is day to celebrate our freedom and hope for more and more freedoms to come.
I have a little bit of information about that to share with you guys too in the intel segment. So a lot of things are happening now behind the scenes, and even this week, we will not have a call on Thursday night so enjoy that time with your families, grilling out, enjoying fireworks displays but be very, very careful. If you're one of the self fireworks people, every year we hear about fireworks accidents that take off fingers or maybe poke an eye out or something.
We just don't want to hear any of that. Want you guys to be safe. Be safe, and if all you can do that's safe is use sparklers to keep it to sparklers, no shooting Roman candles at each other. I heard a news report yesterday about or that sounds it's very dangerous, but not a very smart thing to do.
So thank you, Bob. Appreciate that. That was really well done. Now let's turn to the intel – and see what it is we’ve learned so far -- Being Tuesday, we do get some information over the weekend. And we know, for example, that Iraq is supposed to put the physical, let's check that the budget in the physical version of the Gazette – Wednesday – tomorrow – We will see if that happens
The virtual Gazette - had the rate and the budget in it last Saturday. So virtually meaning online, anybody that was looking for that in the proper place would find it, but we're looking to get it in the physical version of it either tomorrow, or it may get moved. And I'm going to explain that in a second.
We have been told that we would receive this notification today, and would start exchanges tomorrow – without a doubt.
Well, I'd say there is some doubt, because we did not receive notifications today, and I don't know that we will receive tomorrow.
You see here’s the thing --- Anytime you got a holiday like Independence Day on the Fourth of July. You've got people that are thinking, Well, do we really want this to start before the Fourth of July? And the thought is, no, we don’t want it. This is what we're hearing from one of our redemption centers, and the person that puts out the information to every redemption Center East of the Mississippi, quite a few redemption centers.
The word is that we're going to get notified on Friday and set our appointments Friday for some time over the weekend, which would be theoretically, Saturday or Sunday – but I believe they are trying to go through the fourth without anything to disrupt the holiday. And I think that's why we're looking at the fifth for notifications. That's going to be Friday.
And then this is the latest that we got only hours ago. So I'm going to go with that coming from a leader at one of our redemption centers, just getting that information. I think we're really looking at getting started over this weekend, Friday, notifications, Saturday, Sunday exchanges, and maybe we will have exchanges on Sunday, maybe go Saturday and continue on through the rest of the week.
Now, as far as R and R is concerned, we should receive that in the month of July. And if you're a currency holder, you'll receive that at the time you exchange your currency and redeem your zim
One other thing about the Dinar contract rate. You know, we've heard that in our contract rate could be very high. It's still very high. It's taken a little bit of a dip, but it could very well go back up higher than it was, it will move around. It will go a little lower – it will go a little higher. It just all depends what it is when you get into the redemption center, they should offer that if you're an American citizen, they should offer you the contract rate on the dinar.
Now, what about political? you guys know, what a fiasco last Thursday, and just what a joke it was really - And the Democrats are back betting and trying to figure out what to do, but I'm hearing today that President Trump should be back as President - not only Commander in Chief – which he is now but as President sometime between the fourth and the 15th of July. We'll see if that holds up. We've had dates in the past come and go - We'll see if these hold up between the fourth and 15,
I personally think we will have NESARA somewhere in the vicinity of the eighth or ninth of July. That's what I've heard today.
Certainly the NESARA and GESARA on the eighth, would make sense from China’s point of view - that may be what it occurs. I don't think the RNR or anything else that's part of NESARA can occur without the RV and possibly without president Trump back. So we'll see how that goes. I've beentold both ways. Let’s see what happens .
I’m really looking forward to this going I'm looking forward to having a happy, healthy Fourth of July, and I'm looking forward to getting the notification 800 numbers by email, on the fifth, which is Friday
So the intel as it is - is good, like I said before, we just need for it to occur and not change, not Morph into something different . So let's pray this call out. First I want to thank everybody else - I want to thank Sue and Bob for 13 years, well, actually,
for 20 and a half years. And I'm looking for this coming. You guys are, so let's just believe for that. Let's look forward to that. Thank you big staff team for getting different countries and their languages. Thank you big call universe for listening 13 years. Everyone listening on a great July weekend, please keep it safe. We don't want to lose anybody who get any accidents deter you from getting your changes and redemptions in done. Okay, so let's all be safe out there kids to make sure they don't get into anything.
So let's pray the call out - Everybody have a great weekend – We won’t be having a call on the fourth so we'll talk to you, maybe by email next. We'll see what happens. Okay, All right, here we go.
