Tues. 10 Sept. 2024: A Spanish speaking news channel (assumed from Mexico)
has announced the gold backed currency, revaluation of the dinar, fall of the $USD, that in July the US and Iraq had agreed to have all US troops out of Iraq by sometime in September and that wouldn’t happen until they were paid (by the revaluation) and how many are going to be extraordinary rich.
They have been waiting for this for so many years.
NOTE FROM DINARCHRONICLES
Tues. 10 Sept 2024 Wolverine
I assume everyone is excited as to what is happening, and hopefully by tomorrow I will be waking up with a rainbow next to my window.
KTFA
FRANK26: "THE HCL !!!".....F26
Iraq finalizes strategic agreement with major global oil company
9/6/2024
Baker Hughes, the global energy technology company, revealed on Sunday that it is discussing with the Iraqi Ministry of Oil the final touches to a strategic framework agreement, as well as signing a memorandum of understanding in the gas sector, stressing its commitment to the government and its desire to invest in Iraq.
A statement by the media office of Prime Minister Mohammed Shia al-Sudani, received by Shafaq News Agency, stated that the latter received today in Baghdad the Chairman of the Board of Directors of Baker Hughes, a company specializing in oil and gas, and its CEO Lorenzo Simonelli and his accompanying delegation.
Al-Sudani stressed that Baker Hughes is one of the four largest companies in the world specializing in energy and oil services, pointing out that “the government is keen on the company’s presence in Iraq, which was invited to expand investment in it, through cooperation with the government or with the private sector in the field of oil and gas.”
He noted that "the Iraqi market has become a promising market, and that the government is planning major projects, especially integrated projects in the oil, gas and petrochemical sectors."
Al-Sudani pointed to the development path that includes oil and gas transport projects, stressing the importance of completing the projects that the company is working on in Iraq, especially the Nasiriyah oil field in which the company is investing to extract associated gas, with a capacity of 200 million standard cubic feet, which is hoped to be completed in 2026.
For its part, the Baker Hughes delegation confirmed their commitment to the government and their desire to invest in Iraq in the oil or gas sectors. They came to put the final touches on signing a strategic framework agreement with the Ministry of Oil, as well as signing a memorandum of understanding in the field of gas and investing in the gas platform that will be established in the Grand Faw Port, expressing their desire to finance some projects in Iraq.
#########
"HCL !!!"...........F26
9/9/2024
Baghdad - WAA
The Ministry of Finance announced, today, Sunday, the results of the meeting of the Ministerial Council for the Economy, which was held in the Kurdistan Region.
A statement by the ministry received by the Iraqi News Agency (INA) stated that "the bilateral meetings between the Ministerial Council for the Economy and the Economic Council of the Kurdistan Region, which are currently taking place in Erbil, have been launched, in the presence of the Prime Minister of the Kurdistan Region, Masrour Barzani, where the discussions focus on mechanisms to enhance financial cooperation between the two parties and reach sustainable solutions to outstanding financial issues."
He added that "the discussions are taking place within the framework of government efforts aimed at enhancing cooperation between the federal government and the Kurdistan Region, and joint financial files such as salaries of the region's employees, the region's budget and border crossings, in addition to coordinating customs and tax policies, are among the most important issues affecting the stability of the Iraqi economy."
The Minister of Finance indicated - according to the statement - that "the discussions represent a historic opportunity to achieve financial reconciliation between the federal government and the Kurdistan Region."
She stressed the importance of "enhancing financial cooperation between the two parties and reaching sustainable solutions to outstanding financial issues," noting at the same time that "agreeing on a fair mechanism for distributing oil revenues and border crossings will contribute to enhancing confidence and economic stability in the country."
If you just look at the major headlines in the news from Iraq in today’s Newsletter, you can clearly see this “Electronic Payment” process is the most important banking reformthey must now institute to some extent. We just don’t when enough is enough.
But we will continue to read the headlines and eventually it will pop out in the news. It always does. I did not say this is the most important, but it is now at the forefront of the effort. Get it.
With the news today how can you possibly think otherwise. We might even say it is the LAST piece to put in place in the RV puzzle to clearly see the end to this RV saga. This is why I was so excited in my last Newsletter of 9/5 and so I am even more excited today.
Here are some of the headlines. You can go read the full articles in today’s Articles Section of the Newsletter. WOW! WOW! Five (5) articles on this topic. Really? Yes, really! 😊
“IRAQ TO FULLY ADOPT ELECTRONIC PAYMENTS TO CURB CORRUPTION”
“PARLIAMENT ASKS FINANCE AND CENTRAL BANK TO SET TIMETABLE FOR TRANSITION TO ELECTRONIC PAYMENT BY END OF 2024”
“AL-SUDANI, THE PRIME MINISTER OF IRAQ, ISSUES A NUMBER OF DIRECTIVES WITHIN THE FRAMEWORK OF DEVELOPING ELECTRONIC PAYMENT SYSTEMS”
“INCLUDING THE GROWTH OF BANKING LIQUIDITY.. A GOVERNMENT ADVISOR REVEALS 3 GOALS FOR ELECTRONIC PAYMENT”
“BARZANI TO AL-ALAQ: THE NUMBER OF REGISTERED INDIVIDUALS IN THE “MY ACCOUNT” BANKING PROJECT HAS EXCEEDED HALF A MILLION”
Knowing all this, I just want to ask a few questions:
I am going to give you a summary again of the other issues that are also on the table. They are on the near horizon and my CBI contact has also told me these are issues that also must be resolved. I hate to give these lists because it is what we don’t know that always come up later to haunt us. But anyhow here is the list as we know it today:
No, the RV is NOT all done and I laugh every time I hear these intel gurus, especially this jerk TNT Tony and baaaa group of sheepie followers. What is your definition of “all done”. To me it means that Iraq is going forward with the Project to Delete the Zeros and actually in the process of doing it not just talking about it again. Get it? Do they really even have a clue what is going on in Iraq.
Economy News – Follow-up
Today, Tuesday, Rafidain Bank identified three advantages of electronic payment systems, while indicating the nature of the services provided by these systems.
The Director General of Rafidain Bank, Ali Karim, said in an interview with the Iraqi News Agency, which was followed by “Al-Eqtisad News”, that “digital payment systems are distinguished by many points and advantages. In addition to keeping pace with the rapid development taking place in the world, they also provide many services that were not previously available in regular systems.”
He added that “the three most prominent advantages of electronic payment systems are (flexibility and speed), which provide users with greater opportunities to achieve their desires, such as paying or collecting bills and dues, selling, buying and shopping.”
He continued: “Digital payment systems also feature ‘remote management’, as they allow government institutions, companies and owners of digital commercial projects to work in several sectors, from different places, and at the same time, all these operations and tasks are organised through different means of connection, and thus the work is completed in one go.”
He pointed out that “the third advantage of electronic payment systems is (rapid spread), through the high efficiency of connection and networking, which allows tasks to be completed in one go, and the completion of buying and selling operations at high speed, and thus companies and projects that rely on the electronic payment system in Iraq can reach.”
