Thursday, May 22, 2025

Iraq Completes An Electronic Project To Monitor The Movement Of Petroleum Derivatives, Reducing Smuggling By 98%.

 Iraq Completes An Electronic Project To Monitor The Movement Of Petroleum Derivatives, Reducing Smuggling By 98%.

 
May 20, 2025  Baghdad/Iraq Observer follow-up   The Oil Products Distribution Company, affiliated with the Iraqi Ministry of Oil, has completed a strategic project to electronically monitor tanker movements using a GPRS-based tracking system, as part of a plan to automate the distribution sector and reduce smuggling.
 
The company's media director, Rafid Sadiq, told the Iraq Observer news agency, "The system allows tankers to be tracked from the moment they load fuel until it is unloaded, and provides precise electronic records that can be accessed at any time."  

He noted that  the project has been fully completed, with more than 28,000 government and private tankers now connected to the system.
 
He emphasized that this step represents a qualitative shift in the monitoring and distribution of petroleum products.
 
For his part, the Director General of the Energy Police Directorate, Major General Dhafer Al-Hussaini, explained that
 
"the police, in cooperation with the Ministry of Oil, have begun implementing the new system by installing tracking devices on tankers and linking them to a central operations room."  He explained that
 
the system enables relevant authorities to
 
     determine the tanker's route, the
     validity of documents, and the
     loading and unloading location,
 
which has helped expedite audit procedures and prevent forgery.   Al-Husseini confirmed that
 
80% of the country's tankers have been fitted with the devices,
10% have completed their procedures and are awaiting their turn, while the
remaining percentage is still in the process of being completed. He emphasized that
 
"no tanker will be allowed to load fuel without the tracking device."  He pointed out that
 
this system has contributed to a 98% reduction in petroleum product smuggling,
and no breaches were recorded in oil pipelines during April.
 
In a related development, Al-Husseini announced that the
 
Energy Police seized 103 vehicles in April,
closed five garages and smuggling sites, and
arrested 103 suspects who were referred to judicial authorities.
 
The total amount of fuel seized and returned to the state amounted to 3 million liters,
with protection provided to seven oil experts.    
https://observeriraq.net/العراق-ينجز-مشروعًا-إلكترونيًا-لمراق/   


JON DOWLING UPDATE

 Jon Dowling

 China wants us to stop plans to go forward with our golden dome, because they know the power safety and leverage it gives us, but that’s not going to happen. It’s full steam ahead for the dome. 

All eyes are on Japan as their Yen is in complete free fall. They’ve been dumping our US treasuries for years in favor of Gold as many BRICS countries have been doing. 

Gold will be way higher than $6,000, more likely $10,000 by years end. But you don’t buy Gold or Silver to get wealth. You use it to protect your wealth, as a hedge against hyperinflation and to buy high end items in the future, such as homes, cars etc. 

Gold and Silver up big today. 

The dollar index is under 100 again...

.We have to believe the Moody's downgrade of the US credit rating yesterday has something to do with it. 

Very bullish for gold and silver...

Meanwhile Mississippi is the latest state to abolish income tax and Governor Abbott in Texas signed a bill that in addition to removing property tax, he also abolished capital gains tax permanently! Do you realize what this means for our cryptos and foreign currencies? No taxes on those either! 

Did you k ow that Texas and Tennessee have a binding treaty agreement together since 1801? That explains why when Texas enacts something, Tennessee follows shortly thereafter. 

History in the making folks

Wednesday, May 21, 2025

FIREFLY: "Alaq knows there is going to be a rate change" @DINARREVALUATION

The Minister of Finance discusses with the Iraqi Economic Council mechanisms to enhance investment opportunities.

 The Minister of Finance discusses with the Iraqi Economic Council mechanisms to enhance investment opportunities.

Minister of Finance Taif Sami Mohammed received the head of the Iraqi Economic Council and his accompanying delegation. During the meeting, they discussed prospects for cooperation between the two sides, focusing on enhancing investment opportunities and developing economic partnerships.

The Minister stressed, according to a statement by the ministry, the keenness to open effective channels of communication with economic entities and support initiatives aimed at stimulating the investment environment, providing job opportunities, and driving the wheel of development.

Meanwhile, the Iraqi Economic Council called on the Ministry of Finance to support the Economic Investment Conference scheduled to be held in early June, through coordination and providing the necessary facilities for the success of its work.

The two sides stressed the importance of the conference contributing to highlighting investment opportunities in various sectors and attracting capital.

The Council delegation also stressed the importance of the ministry's participation in preparing workshops and discussions related to financial reform and developing the investment environment, as it is a pivotal body in formulating economic policies.  link

“Update on Redemption Centers?” by Texastreeman

 “Update on Redemption Centers?” by Texastreeman 

Good afternoon : Family, Intel providers,

This is going to be fast and straightforward.

Right now you have too many Intel providers saying on How, Who, What to do for going into the redemption centers appointment.

Everyone is telling every group how they think what you should Do.  !! 

Unfortunately am not a leader. So I can’t take charge and make sure everybody, every site is on the same page. 

If I was I would have had a zoom call with all Intel providers and give instructions to all. 

We are to late in the journey to be this mess up still giving out wrong information. 

If Charlie Ward is still in charge of the currency side. 

Someone reach out to Charlie. 

We need print detail from him posted on all sites so everyone is prepared correctly. In the next 24/48 hours. 

If Charlie is not in charge any more. 

Any body that is reading this and has connected to the alliances. 

We need them to step forward and give instructions and have it pass on to all Intel providers so they can print it out on their shows. 

I listen to 6 different shows and everyone is saying different ways. They add their own touch to do this or that. 

We must all come up with correctly way to walk into appointments. 

We need a leader in all the groups to give the right details now. 

If this gets pass up. Then you will have a big mess at the redemption centers and the people will look d**b infront of the redemption center staff. Plus it could cost them a lot. 

Am professional type person who wants to walk in looking prepared, not unprepared. If you don’t know the correct instructions to following through going in to your appointment, then it makes us look bad. 

Please Someone find out the 100 percent correct instruction. PASS IT ALONG. 

Thank you
Texastreeman

MAJEED: "And the rate will be $4 per 1 IQD " ‪@DINARREVALUATION‬

 


PM Barzani, US Congressman discuss Erbil-Washington ties

   PM Barzani, US Congressman discuss Erbil-Washington ties

On Wednesday, Kurdish Prime Minister Masrour Barzani discussed strengthening Kurdistan-US ties with Congressman Abe Hamadeh in Washington.

The meeting followed the signing of two energy agreements during Barzani’s visit, aimed at strengthening infrastructure and attracting foreign capital to the Kurdistan Region.

Energy remains a strategic sector for the Region, which continues to pursue independent development amid ongoing disputes with Baghdad over oil revenues and export  authority.

Hamadeh, a US lawmaker of Kurdish descent, called the agreements a “positive development” for Iraq’s economy and stressed the importance of sustained engagement between Washington and Erbil.

Barzani then congratulated Hamadeh on his election to Congress, highlighting his support for Kurdish interests in US policymaking.

The Kurdistan Region has previously partnered with the United States in counterterrorism and regional stability initiatives.  link


Iraq’s Banking Reform Enters Phase Two: Why the CBI’s Repeated Denials May Signal Deeper Financial Transition

To me, the Central Bank of Iraq (CBI) has already completed what appears to be the first major evaluation and stabilization phase of its lon...