Bruce
[via WiserNow]
...remember, the rates at the redemption centers will be higher than those at the banks. The only exception that I've heard of on that has been the Vietnamese Dong, the Dong rate at the redemption center yesterday was...
the same as it was in the banks.That's the exception for the rule, the dinar is going to be much higher at the redemption center, because they're going to offer us a contract rate on the dinar.
Washington demands that Iraq dispense with Iranian energy "as soon as possible"
The US State Department called on Iraq to end its dependence on Iranian energy sources "as soon as possible," hours after Washington announced its intention to tighten sanctions on Tehran.
In response to a question about the exemptions granted to Iraq, and whether they would be renewed, the Foreign Ministry indicated that it is reviewing all exemptions granted, according to Reuters.
Iraq currently produces 27,000 megawatts of electricity through stations, most of which operate on gas, but the production capacity sometimes drops to 17,000 megawatts.
This amount, at its maximum, does not meet the country's electricity needs, as Iraq needs to increase production to reach 40,000 megawatts in order to ensure the provision of energy around the clock.
To solve this crisis, Iraq resorted to importing quantities of Iranian gas, which threatened to expose it to US sanctions, before the United States granted it an exemption that is renewed periodically.
With US President Donald Trump returning to power, he pledged to pursue a policy of "maximum pressure" against Iran. As a result, the Iraqi government asked the new US administration to extend the waiver granted by the previous administration, according to previous statements by Al-Sudani in an interview with the Saudi Al-Sharq channel.
Al-Sudani had touched on the issue of ending dependence on Iranian supplies during the interview, noting that the country plans to completely end gas imports by 2028, adding: “There will be clear energy independence.”
He continued: "Ultimately, we need this exception to continue throughout this period. At the same time, we have started the process of linking energy with neighboring countries in order to cover our needs, and this is part of the concept of integration that we seek with our brothers."
This is not the first statement of its kind, but rather comes just days after US Secretary of State Marco Rubio called Iraqi Prime Minister Mohammed Shia al-Sudani, where they discussed Iranian influence in the region, and Rubio urged Iraq to "achieve energy independence."
The new US statement may not mean that Washington will not renew the exemption granted to Iraq, but it indicates increased pressure on Baghdad to get rid of these supplies.
The comments come hours after US Treasury Secretary Scott Besant confirmed that the US would tighten sanctions on Iran, adding that the US would “shut down” the country’s oil sector using “pre-determined criteria and timelines.” He hinted that “making Iran bankrupt again would be the beginning of our updated sanctions policy.”
The Treasury secretary suggested that the United States could work with “regional actors” to help Iran get its oil to market. One of those countries is likely to be Russia, which earlier this week signaled its willingness to help the United States in talks with Iran over ending its nuclear program and its support for anti-American regional proxies.
“Treasury is prepared to engage in frank discussions with these countries,” Bessent said. “We will work to shut down Iran’s oil sector and drone manufacturing capabilities.” link
REINALDO JC
POWERFUL & UNTOUCHABLE
As I previously mentioned from my post below. Donald J. Trump is the most POWERFUL & UNTOUCHABLE person in the world.
Everyone Capitulated to him in his 1st term (2016-2020).
Trump is in smooth control & THE head executor of the main Central Bank which happens to be the Federal Reserves/U.S. Treasury.
I wonder who’s the real FED Chairman
How do you bring down the whole corrupt global debt system so you can replace it? (read article)
Gold shall destroy FED.
Foreign Exchange Department for Commercial Banks.
(not the federal reserves)
How did Trump take control of the Federal Reserve away from the Rothschilds? (read article)
They tried to cheat Trump & the financial system, However; DJT is always 10 steps ahead of the enemy.
Oh yeah…if you don’t think Trump controls {Blackrock/Statestreet/Vanguard} that’s buying up a lot of U.S. assets back from foreign companies to benefit We The People including the Panama Canal I have a rock to sell you.
Parliamentary Committee Calls on Government to Refer Oil and Gas Law to Parliament Immediately
The Deputy Chairman of the Parliamentary Oil and Gas Committee, Adnan Al-Jaberi, called on the government today, Thursday, to expedite the referral of the Oil and Gas Law to the Council of Representatives, stressing that its legislation is an essential step to regulate the management of oil wealth and ensure the fair distribution of revenues between the federal government and the producing regions and governorates.
Al-Jaberi said in a statement to / Al-Maalouma / agency, that "the legislation of the Oil and Gas Law is a necessary step to regulate the management of oil and gas wealth in Iraq," noting that "this law will contribute to guaranteeing the rights of the producing regions and governorates, in addition to developing a clear strategy for investing these resources in the long term."
He explained, "The law will protect oil wealth from different interpretations and interpretations, whether in the Kurdistan Region or in the producing governorates, and will work to resolve the existing differences between the federal government and the regional government, and control the relationship between the producing governorates and
the center."
He pointed out that "Article 112 of the Iraqi Constitution stipulates the necessity of regulating the oil and gas sector through the enactment of a special law, but the lack of a common vision and agreement between the federal government and the Kurdistan Region, as well as between the producing provinces and Baghdad, has prevented its approval so far.
" He stressed "the importance of reaching a consensus that guarantees the rights of all parties," calling on the government to "refer the law to the Council of Representatives as soon as possible to ensure the fair and equitable regulation of oil revenues."
It is noteworthy that the approval of the oil and gas law was delayed for several parliamentary sessions due to political differences that prevented reaching a consensus on it. link
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Television saying the United States of America is totally supervising all financial transactions. Your US Treasury is supervising all financial transactions in Iraq and the US Treasury is aware of all the money and where it goes in Iraq...
FRANK: That is the beauty of your security and stability where it's at right now.
It is so powerful. In my strong opinion they are aware of the new exchange rate. If not, they would not be this heavily involved right now...