Tuesday, March 11, 2025

WALKINGSTICK : " MY boss told me you're going to be very busy very soon!!, 11 MARCH

 Walkingstick  

 Aki says...due to what the GOI and CBI are instructing us, I am moving my family to the city where the bank is where me and my boss work. 

 The reason why is due to the fact that my boss told me you're going to be very busy very soon.  

[Aki] is bringing his family from the state that he lives in, he's bringing them down south [of that state] to be closer to this bank that he's in charge of...

Aki must have a very good idea of this true time frame because he's moving his family to the bank's location. 

 This target date has to be IMO within arms reach...


MNT GOAT: "SHRINKING THE PARALLEL MARKET", MY CBI CONTACT TOLD US THAT THIS HAD TO HAPPEN #iqd

 v


Disagreements paralyze the Iraqi parliament in Ramadan...the boycott continues, 11 march

 Disagreements paralyze the Iraqi parliament in Ramadan...the boycott continues

 Independent Iraqi parliament member Jawad al-Yasari said on Tuesday that the parliament session will not be held due to the continued boycott of the sessions by most of the representatives, in protest against the failure to include the service and retirement law for the Popular Mobilization Authority on the agenda .

Al-Yasari told Shafaq News Agency, "The indicators confirm that the parliament session for today, Tuesday, will not be held, as happened in previous sessions, due to the continued boycott of most of the representatives, especially from the Coordination Framework blocs, of the sessions in protest against the failure to put the service and retirement law of the Popular Mobilization Authority to a vote."

He added, "Holding a parliament session during the month of Ramadan seems difficult in light of the ongoing political disputes and conflicts, which means that the sessions will remain suspended until after the Eid al-Fitr holiday, until an agreement is reached between the political parties on passing the law."

The Iraqi Parliament is expected to hold its regular session today, with the agenda including several topics, including voting on the draft law amending the fourth amendment to the Industrial Investment Law for the Private and Mixe d Sectors No. 20 of 1998, in addition to voting on a decision to recommend to the Ministry of Education to reinstate the trial system .

The Council is also scheduled to discuss the report of the interim parliamentary committee to follow up on the preservation of state property, the first reading of the draft law to cancel the law ratifying the agreement exempting holders of diplomatic and service passports from entry visas between Iraq and Cyprus, and the first reading of the proposed law amending the second law of the Mukhtars Law No. 13 of 2011 .

The agenda also includes a report and discussion of the second reading of the proposed fourth amendment to Law No. 6 of 2000 on the Progression of Medical and Health Professionals .

It is noteworthy that the independent MP, Hussein Al-Saabari, revealed to Shafaq News Agency, last Sunday, that there is a tendency to dissolve the Iraqi Parliament and go to early elections, in the event that its sessions continue to be disrupted .

The House of Representatives is witnessing a continuous disruption of its sessions, due to the lack of a legal quorum to hold them, despite announcing the agenda and setting the date of the session . link

TIDBIT FROM BREITLING, 11 MARCH

 Breitling  

Very basic.  It is an inflated inflation.  The inflation was created by how many notes they printed.  

They are producing more oil when it was worth $2 to $3 a pop...According to General Hugh Tant at one time it was legitimately worth $3.  Look at their oil production then, their economy then, the amount of notes they had.  They have more customers, producing more oil.  All those boxes check off. 

 So what is keeping the value of the dinar down?

  It is the amount of notes that are out in circulation.  That's it.  That's all it is.  Iraq has the opportunity call in those notes and add value to its currency.

MILITIAMAN ; MM&C-Iraq Dinar News Central Bank Digital Currency-Financial System-Glob...

The Ministerial Council discusses the completion of the budget schedules and developments in the oil market locally and globally, 11 march

 The Ministerial Council discusses the completion of the budget schedules and developments in the oil market locally and globally

Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein chaired the eighth session of the Ministerial Council for the Economy today, Monday, to discuss completing the budget schedules and developments in the oil market locally and globally.

A statement by the Council, received by {Euphrates News}, stated that: "The session was held in the Council building in the presence of the Deputy Prime Minister and Minister of Planning, the Ministers of Finance, Trade, Agriculture, Industry, Labor and Social Affairs, in addition to the Secretary-General of the Council of Ministers, the Governor of the Central Bank, the Undersecretary of the Ministry of Oil, the Deputy Chairman of the National Investment Commission, and the Prime Minister's Advisors for Economic and Legal Affairs."

According to the statement, the Council hosted the Minister of Interior to discuss the project to rehabilitate vehicle registration sites and issue driving licenses throughout Iraq, in addition to the smart signals project and the radar system in the capital, Baghdad, where the Minister explained that "these projects will contribute to improving the services provided to citizens, enhancing traffic flow, and reducing congestion." The Council supported the measures taken by the Ministry in this regard, and recommended submitting them to the Council of Ministers.

The Council also discussed with the Deputy Prime Minister and Minister of Oil the completion of the budget schedules, where the Minister provided a detailed explanation of the reality of the local and global oil market, in terms of prices and expected production quantities, expenses necessary to manage extraction and marketing operations, and purchase of petroleum derivatives, in addition to the expected revenues from the oil sector.

The statement continued, "The Council also hosted the Undersecretary of the Ministry of Electricity and officials in the Ministry, in addition to the Director General of the Trade Bank of Iraq and a number of heads of investment companies specialized in the energy sector, to review investment contracts and discuss the best ways to ensure the continuity of electricity supplies, especially with the approach of summer

While the Council hosted the head of the Central Organization for Standardization and Quality Control, to discuss the Ministry of Planning's request to postpone the implementation of the Iraqi specification for vehicles, and organize the process of issuing car import licenses until the end of this year. 

The head of the agency explained that "the postponement will enable the relevant authorities to complete the required technical procedures, in line with the Consumer Protection Law and the Competition and Anti-Monopoly Law," and the council approved the request, setting December 31, 2025 as the final date for implementation.  link

AJ : 🔥 Pipeline to Turkey’s Ceyhan port UPDATE!, 11 MARCH

AJ 

🔥 Pipeline to Turkey’s Ceyhan port 🔥 Baghdad is now suggesting it will make nice with the Turkey by giving them Basra oil and cutting the Kurds out. Iraq-Iraqi Kurdistan export talks ended this week without any resolution, leaving Kurdish oil stranded indefinitely. The three parties to the talks–Iraq, Iraqi Kurdistan (KRG) and Turkey–were quick to say that a new round of talks was expected next week, but no one’s holding their breath. The talks were to finally restart crude exports from Iraqi Kurdistan, which had been offline over disputes about export rights and the federal budget, as well as over Turkey’s receipt of Kurdish oil that bypassed the Iraqi federal government. Baghdad has won this war, but it’s getting greedy now. The talks failed because Baghdad suddenly suggested it might export Basra oil from southern Iraq through the Turkey Ceyhan port. This will be seen as a major insult to the Kurdistan Regional Government (KRG). The KRG was exporting its oil via pipeline to Turkey’s Ceyhan port. While it remains unclear, it appears that Baghdad is now suggesting it will make nice with the Turks by giving them Basra oil and cutting the Kurds out. 🚩IMO, there are a lot of power plays going on over this, so sit tight and see how it plays out. I've traded crude oil for years and have watched this drama unfold for years. Like the article said, no one's holding their breath.
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