The Organization of the Petroleum Exporting Countries (OPEC) Secretariat has received compensation plans for excess oil production in the first half of 2024 from Russia, Kazakhstan, and Iraq.
OPEC said in a statement on Wednesday that the three countries overproduced by 2.28 million barrels per day between January and June 2024.
The 37th OPEC and non-OPEC Ecclesiastical Gathering (ONOMM) hung on June 2, 2024, emphasized the basic significance of sticking to full congruity and the pay instrument, as indicated by the proclamation.
Based on estimates from independent sources authorized by the Declaration of Cooperation, these plans were approximately 1,184 tb/d for the Russian Federation, 620 tb/d for Kazakhstan, and 1,184 tb/d for Iraq.
The three nations will lessen their stock consistently by various sums through September 2025.
With 70,000 barrels each day and 18,000 barrels each day, separately, Iraq and Kazakhstan will begin in July while Russian decreases will begin in October.
Hi MG, I read your example of the project to delete the zeros is supposedly to work, if I am reading what you describe correctly they will replace the 25K notes with 25 notes of equal value, essentially a LOP, and also from the exchange rate, but that does not solve the problem of current prices of goods, for example a loaf of bread let’s say is priced in the market for 25k for the sake of argument, if they make the 25k note equal to a 25 note, the price of the bread is still 25k, how do they plan to overcome this new difference?
Answer Mnt Goat:
Guten Tag clayrich. Hope you are fine today. I read you question and I have to say I am glad you asked it because you are a bit confused.
First of all, the IMF is not going “lop” the Iraqi dinar. A “lop” is a tool the IMF uses to restart a currency from massive inflation. A good example is the Zimbabwe dollar when in 2016 they gave the citizens weeks to turn in the 100 trillion notes for $25 US dollars each. After the deadline they were worthless. We also have articles for Iraq telling us they WILL NOT lop the....FOR READ MORE: https://dinarevaluation.blogspot.com/2024/06/q-with-mnt-goat-10-june.html
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"Q & A" BY MNT GOAT
Q & A
Question from carolyncoffen:
Good morning, Mtn Goat, I read an article earlier coming out of Iraq, stating the best way to protect your future wealth after the RV was to purchase ‘Government Bonds.’ Are we able to purchase those bonds? Thank you for your time and consideration. Have an awesome weekend.
Answer Mnt Goat:
Guten Tag Carolyn again. Seems you are victim of rumors off the internet. Don’t believe everything you hear. They are using all kinds of propaganda to push consumers in different directions, the direction they want. I am not sure what you mean by asking will you be able to purchase the government bonds. Do you mean from the bank when you exchange or meet with a wealth manager? A..FOR READ MORE: https://dinarevaluation.blogspot.com/2024/02/q-by-mnt-goat-7-feb.html
On Friday, MP Ali Saadoun said that the oil and gas law wouldn’t be passed in 2024.
“The oil and gas law is one of the important laws that has been postponed for several sessions due to deep political differences, despite its importance in correcting several paths that cast their shadows on the performance of a sector that finances the country’s treasury with approximately 90% of its revenues,” Saadoun stated in an interview with.
“He rules out the possibility of resolving the oil and gas law in 2024 because the differences still exist and reaching agreement on them requires more dialogue, despite the serious desire of many forces to resolve this law,” he went on to say.
“Political consensus is necessary to proceed with the approval of many important laws in the country, but it must be in accordance with principles that positively reflect on the public interest,” he stated.
It is noteworthy that political disagreements over the content of controversial laws, particularly those pertaining to oil and gas, have resulted in their suspension for years.
A conversation with a follower about Redemption Centers. Q & A - my response follows:
🔹Q: What redemption centers?
I keep hearing redemption centers but no info on them!!
How are we getting called to make appointments when we don't even know who and where they are!!
This extremely frustrating for your followers!
Please break this down for us!!!
If you can't, then stop discussing it as an option.
(The use of exclamation points is not to be missed, here. 😏) ⬆️
🔹A: First, respectfully, don't take that tone with me. Kapeesh? Just don't.
How long have you been following here?
A few days? A couple of weeks? How regularly do you check the channel?? BECAUSE I TEACH ON THIS STUFF ON THE REGULAR. I have teaching calls recorded for those new here to catch up on as well. I've got plenty of information that people can avail themselves to if you care to look and actually do some work. (Yes, I understand that *scrolling* can be very tedious for some.) Pardon the sarcasm but I just don't take kindly to a pissy tone. Most people don't, ya know - so you might want to keep that in mind. 😏
I've posted how to request notification at least 50+ times 🤦 ::::deep sigh::::
You don't and won't know where they are until after the RV happens when it's time to set up your appointment. You'll be given a phone number to call to a redemption center closest to you.
Some top Tier banks will have a private client office (upstairs) away from prying eyes of other clients / other employees which has been set up as a RC where speculators in this event can redeem Zim and exchange their foreign currency with increased anonymity.
There will also likely, plausibly, be a Redemption Center office area located on some military bases, which is beneficial for heightened security to keep the speculators safe.
These are kept secret for the time being and not to be disclosed (yet), plus there are at least 7000 + RC in just the USA alone - so no,.........FOR READ MORE:
Q & A - How will people who live in other countries outside of USA receive notice? 800 numbers don't work there?
(This answer is only for those talking the traditional route to receive notification. If you're in LWS and awaiting private contact, you can disregard this if you want to as it would not apply to you, per se.)
💢A: For RV speculators outside of the USA, please disregard the "800#" bc it will NOT APPLY to any country that doesn't use 800#s. Plain and simple - there will be no reason whatsoever for you, in Australia, Asia, Europe, Africa, etc to call a USA #. THIS IS A GLOBAL EVENT. So, you'll receive the appropriate number for you to call in your home country where you are.
Iraq sets date for US withdrawal - US deniesIraqi sources told Reuters, on Tuesday (July 23, 2024), a date for the start of the withdrawal of US forces from Iraq, while American sources confirmed that no official agreement has been reached yet.
The sources said, “A delegation from the Iraqi government will meet this week with the American leadership in Washington to discuss the details of the withdrawal, and it expects to begin its withdrawal in September of this year, and to end it in September of next year.”
Meanwhile, American sources explained that “the negotiations have not yet led to an agreed date for the American withdrawal, or a schedule for the gradual exit of forces, and that the negotiations are still ongoing, and no official agreement has been reached on the details so far.”
It is noteworthy that the US administration announced, at the beginning of US President Joe Biden’s assumption of office, its intention to withdraw US forces from Iraq completely, which did not happen during the past period due to the changing political data in the region, according to Reuters.
