Tuesday, August 20, 2024

TNT UPDATE, 20 AUGUST

 TNT
Mon. 19 Aug. 2024 TNT

 “On Fri. 16 Aug. they tested the system. On Sat. 17 Aug. because the system was live, they were paying “Front of the Line” people who wanted to be nameless. They said we should get paid out Sunday evening, or Monday morning, but here it is and we wait. They are still expecting it today. They said it has been completed since Thursday

They hope to be done funding all Central Banks today before we go. People are being paid in the US already. It should be international sometime after  two o clock into tomorrow morning Tues. 20 Aug. I’m hearing people were exchanged at a live rate internationally. All the three letter agencies are saying it has been done since Thursday.

 They all agree it is a live rate. They say there are Wealth Managers calling clients to tell them they will be funded and liquid today. For people in Canada there will not be 800 numbers. The Canadian Bank System is different than the US. In Canada the five major banks will do the exchange. 

Foreign exchange is the responsibility of the government, not the banks. The banks can restrict smaller branches, but the government is in charge. All five major banks in Canada will be exchanging. In Canada at the time of the RV, contact one of the five major banks to do your exchange.”

Stable Iraqi Dinar Exchange Rate Failure?

"FROM PROFIT-SHARING TO ONLY USING THE IQD, ALL PART OF THE MONETARY REFORM" BY FRANK26, 20 AUGUST

KTFA

FRANK26: "FROM PROFIT-SHARING TO ONLY USING THE IQD, ALL PART OF THE MONETARY REFORM"..........F26

Iraq "Moves to Profit-Sharing" in New Oil Contracts

 

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By Charles Kennedy for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.

Iraq Moves to Profit-Sharing Terms in New Oil and Gas Contracts

Iraq seeks to attract more investment in its oil and gas industry by moving to profit-sharing contracts for new bid rounds from the technical service contracts it has awarded so far.
Click here to read the full report.


LINK

Coffee with Zester

LATEST FROM IRAQI BANK FRIEND AKI IN MICHIGAN BY WALKINGSTICK, 20 AUGUST

  Walkingstick  

 [Iraqi Bank friend Aki in Michigan]  

The monetary reform is very solid.  Things are looking good...What happened with the CBI governor, he's not going anywhere. 

The government can't fire Alaq in the same way Maliki fired the governor of the CBI Dr. Shabibi.  

Maliki had no authority, he had no right to fire Dr. Shabibi. 

 Dr. Shabibi went and worked with the US Treasury to make sure the monetary reform plan was completed...

Walkingstick  

  [Iraqi Bank friend Aki in Michigan]

   Question presented to Aki - Concerning the statement that was made by a representative of the WTO

 [about Iraq launching a fully convertible currency in October 

 AKI:  I didn't hear anything about October...

 WALKINGSTICK:  I would call it scuttlebutt because the interpreter was telling me that he says he's not sure about that...but he knows there are rumors out there about when this is going to happen.  

AKI:  I did hear about the WTO guy.  Maybe he's talking about a new currency that would be convertible prior to October but there is no mention at the banks about October being the date.  If anything I have heard it is before that.

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 REINALDO JC

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