Sunday, September 17, 2023

"RV UPDATE" BY MILITIAMAN, 17 SEPT

  Militia Man 

 Al Sudani was denied access to come to...the US because he had three things to get done.  And now he is scheduled to be in the U.S. on the 20th which is Wednesday.  I have a hard time thinking on the 20th he's going to show up smiling and waving doing International contracts without having changed from 1310 to a real effective exchange rate.

We're in such a good space I can't contain the excitement because what we've seen in the last 96 hours.  There's nothing but powerful information from Al-Sudani, we have the US Treasury Assistant showing up...big companies...Stellar Energy...Total...Barzani being tickled pink because they've signed agreements.  We have a change of pace...

...on Tuesday – The US assistant secretary of the Treasury showed up to Iraq... other folks from the US were there- on the business side. So businesses showed up and other countries showed up...We are talking about International trade. Iran, Iraq, France, The US and many others...The US Secretary of the Treasury has the power to make certain things happen…and

 I think the US is now allowing the facilitation of Iraq joining the international financial system. And they say the Us now supports the tripartite budget for 2023, 24 and 25...And letting Iraq and Iran trade outside of using the US dollar is huge. There are deals with UAE, France, Japan, China and many more. This really is huge...These international contracts and international financial systems …well, we have never seen this before...I think we are in a phenomenal timeframe... 

""NOT BAD, RIGHT?" BY DINAR IRAQ & DONG VIETNAM, 17 SEPT

 The CBI can (and probably will) put a hefty spread their buy price – I’ve heard it will be at least 8% if they RV high.

This means they will sell the Dinar for $1, but they will buy it for $0.92
Personally, I’d be grateful and overjoyed to see a 8% spread on a $1 RV!
Most likely, we will only see about $0.92 per Dinar at a $1 RV by the time it gets in our hands (every party involved will take a little chunk, unless you are physically able to go to the CBI.
And you can’t do that.
So, just accept it – you’re going to pay a spread.)
Once again, the extra numbers aren’t important right now – the only number that’s important is the $1 and the $0.92, because that’s what the CBI is worried about.
Let’s say there is a billion USD worth of Dinar out there right now, or 1 trillion IQD.
The CBI pays $0.92 for every $1 worth of Dinar, then resells it the next day for $1.
That’s a profit of $8 billion just on the spread.

Iraqi Dinar Currency Revaluation / Iraqi Dinar News Today / Iqd Dinar / ...

The Parliamentary Finance Committee to host federal and Regional Finance Ministers for salary and revenue discussions, 17 SEPT

 The Parliamentary Finance Committee to host federal and Regional Finance Ministers for salary and revenue discussions

Shafaq News / The Parliamentary Finance Committee has announced its intention to host the Finance Ministers from both the federal government and the Kurdistan Regional Government (KRG) for discussions on the salaries of Regional employees and the Region's oil and non-oil revenues. 


Member of the committee, Khalil Al-Doski, stated that they have invited the federal Finance Minister and the Regional Finance Minister to the committee's headquarters to discuss the region's entitlements. 

The committee plans to convene in the next two days to address issues related to the salaries of the Region's employees, as well as its oil and non-oil financial revenues.


As stipulated in Article 13 of the budget, Kurdistan is required to deliver a minimum of 400,000 barrels of crude oil daily to SOMO, a state-owned oil marketing company, for export through the Ceyhan port or for domestic use if not exported.


The issue of Kurdistan Region's oil and non-oil revenues has been a contentious matter for several years with no resolution in sight. In recent years, the federal government has adopted a new mechanism for disbursing the region's entitlements in the budget, involving financial loans to allow KRG to pay employee salaries, which are often delayed by several months.


https://shafaq.com/en/Iraq-News/The-Parliamentary-Finance-Committee-to-host-federal-and-Regional-Finance-Ministers-for-salary-and-revenue-discussions

Iraq's financial revenues surpass 65 trillion dinars, oil dominates at 95%, 17 SEPT

 Iraq's financial revenues surpass 65 trillion dinars, oil dominates at 95%, 17 SEPT

Shafaq News / The Ministry of Finance revealed on Sunday that Iraq's financial revenues in the federal budget exceeded 65 trillion dinars over seven months, confirming a rise in the oil contribution to the budget to 95%. However, an economic expert believes that non-oil revenues "will not improve."

Shafaq News Agency examined data and tables released by the Ministry of Finance for the current fiscal year from January to July. These figures indicate that oil still constitutes the main source of Iraq's general budget, accounting for 95%, highlighting that Iraq's economy heavily relies on oil revenues.


According to financial tables, total revenues until July amounted to 65,195,003,735,974 dinars after excluding transfer revenues of 1,995,073,713,000 dinars. Total expenditures, including advances, 52,916,562,761,000 dinars.


Based on the financial data, oil revenues reached 62,259,118,923,534 dinars, constituting 95% of the general budget. Meanwhile, non-oil revenues reached 2,935,884,812,439 dinars.

Economic expert Mohammed Al-Hasani commented on this, stating, "Non-oil revenues will not improve or increase as long as Iraq lacks local industrial and agricultural production." He emphasized that "the Iraqi economy is rentier, relying on taxes and customs for non-oil revenues."


He pointed out that "the successive governments in Iraq have not directed the surplus of oil revenues resulting from rising oil prices towards industrial and agricultural development but relied on imports to meet local needs," confirming that "Iraq has become dependent on neighboring countries."

Earlier in March 2021, Prime Minister's Financial Affairs Advisor Mudhhir Mohammed Saleh stated that the persistence of Iraq's economy relying solely on oil is due to wars, economic blockades during the past era, and the ongoing political conflicts, which have led to the dispersion of economic resources.

Iraq's continued dependence on oil as the sole source for the general budget puts the country at risk of global crises affecting oil prices, forcing it to cover deficits through foreign or domestic borrowing. This highlights the inability to effectively manage the state's finances and the failure to find alternative financing solutions.


https://shafaq.com/en/Economy/Iraq-s-financial-revenues-surpass-65-trillion-dinars-oil-dominates-at-95

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 17 SEPT

 Frank26 (KTFA)


You have Iraq, Iran, the CBI official, US Treasury all in one room that doesn’t make any sense unless you have have interest in changing the exchange rate and adding value to the Iraqi currency because there’s security and stability in Iraq and it’s all because Iran finally conceded, ‘we give up’.

The CBI had a meeting with the United States Treasury…The CBI got their butts chewed out in front of Sudani.  In less than 24 hours all the nonsense they were complaining about has been wiped out..

[Iraq boots-on-the-ground report]

FIREFLY: We see Austria is back here in Iraq.  They are reopening their embassy here.  Their ambassador says due to the security and stability here it leads them to trust and reopen.

FRANK: Hey, Sudani how clean is the floor of the CBI bro!?

JUDY NOTES, 17 SEPT

 Judy Note: Pray For The Children

What we think we know as of Fri. 15 Sept. 2023:

  • As of Fri. 15 Sept. all US Banks were working for the US Treasury: When you go into a bank like Wells Fargo to exchange, you are not doing business with Wells Fargo. You are doing business with the US Treasury. They are contracting with that bank to use the space but the people don’t work for the bank they are contracted by the US Treasury.
  • On Thurs. 14 Sept. the Panama Canal shut down and forty percent (40%) of the Global Supply Chain came to a halt. Hal Turner BULLETIN: The Panama Canal Has Stopped! – American Media Group (amg-news.com)

Global Currency Reset:

  • The US Treasury Assistant Secretary made a comment per Rod Steele that everything is and has been signed off and should be approximately 96 hours from her return from Baghdad, Iraq. She returned today Fri. 15 Sept. X 96 hours = Tues. 19 Sept.
  • Fri. 15 Sept. TNT: Tony was informed by his bank contacts that they were facing a heavy workload and by Mon. 18 Sept. we should be exchanging.
  • Fri. 15 Sept. MarkZ: Lots of expectations for Sunday 17 Sept. and Mon. 18 Sept. during meetings with Iraq and the US Treasury on HCL agreements where they will be addressing the exchange rate of the dinar. Iraq wanted a worldwide announcement to the general public of a rate change somewhere around the 20th or 21st. That does not mean we are waiting until then. Groups are positioned and ready. People are all in place. Agreements are done. All we are waiting on is the switch to be pulled.
  • Thurs. 14 Sept. Bruce: Three excellent sources said Tier4b (us, the Internet Group) should get notified Fri, Sat or Monday 15, 16 or 18 Sept. We are at a any day, any hour basis. Release to Bond Sellers should happen Fri, Sat or Monday 15, 16 or 18 Sept. Tier4bto be notified after Bond Holders – or by next Tues. 19 Sept. Military personnel and Bond Holders have exchanged but do not yet have access to their funds.On Tues. 12 Sept. the US Treasury gave word to Redemption Centers that everything was signed off and ready to go.
  • Mon. 11 Sept. Hernán Robert Hbravo: It is reported in Iraq that everything is ready and agreed with the United States Treasury for the Revaluation of the DINAR currency.
  • All documentation was studied and agreed upon between the government of IRAQ and the US. The documentation was delivered on Mon. 11 Sept. 2023, to the United States Treasury for prompt signature.
  • As of Fri. 15 Sept. Banks were no longer independent, but working for the US Treasury: When you go into a bank to exchange like Wells Fargo you are not doing business with Wells Fargo. You are doing business with the US Treasury. They are contracting with that bank to use the space but the people don’t work for the bank they are contracted by the US Treasury.
  • Our inside source, a brave individual deep within military intelligence circles(identity classified for obvious reasons), has dropped a piece of information that might just shake the very foundations of the global economy: 97 of the top 100 central banks are currently under transformation to become fully operational under the QFS + RTGS system. The remaining 82 smaller central banks are gearing up for this transition. On October 1st all BANKS have to be working with the QFS, THAT’S WHY WE THINK IT HAS TO BE DONE BEFORE SEPTEMBER 30.
  • Fri. 15 Sept. Rubix Q: I have a friend who is a personal Dinar dealer in the United States. He is telling me that his vendor just got all of his dinar confiscated and is no longer allowed to sell. They are tightening the noose in Iraq and they are stopping people from taking it overseas. The US Treasury has caused a wave that is causing vendors to immediately stop. This tells me that’s it’s a wrap…the initiation process begun. When the brokers are told to stop selling it let’s you know we are an inch away…you won’t be able to double dip once you make your appt. Second, what you have is what you have…it has been said that when we are close that brokers/dealers will be restricted from selling. As far as BTC, it’s going to zero. XRP is the mother of all digital gold backed assets.
  • DINAR REVALUATION CBI: The Central Bank and US Treasury are discussing implementing international compliance instructions in the banking system, 15 SEPT https://dinarevaluation.blogspot.com/2023/09/cbi-central-bank-and-us-treasury-are.html

Global Economic Crisis:

Thurs. 14 Sept. Inside the Exclusive World of Redemption and Exchange Centers, Ben Fulford.

  • If you have purchased currency from an authorized dealer in the US an email from powerhouses like Wells Fargo Bank or even Chase – both top tier 1 banks for Exchange + Redemption Centers – is on its way to your inbox.
  • The US Treasury provides these email lists. No one can truly verify if they’re on this exclusive list. And thus, to ensure maximum reach, the Safelink website, the ultimate tool for exchange, will be spread like wildfire across major online platforms and chat forums.
  • While estimates suggest there are 10 to 12 million individuals in the US holding foreign currency or securities, only a measly 3 to 4 million find their way to the Wells Fargo email list. The reason? Scores of people innocently bringing currencies home after vacations, dutiful military personnel from places like Iraq, charter flights operations, and many more reasons you wouldn’t suspect.
  • Anyone longing for higher exchange rates via the Exchange or Redemption Center will be granted a unique personalized 800 number (not to be confused with the pedestrian ‘1800‘ numbers). This number, mind you, is one-time-use only.
  • If anyone chooses to walk into a bank directly without this unique digital access, they’re effectively shooting themselves in the foot. The reason? Banks can only offer what’s known as the screen rate or the Forex rate, a measly sum compared to what one could obtain.
  • Exchange rates in the US stand as fixed, unyielding monoliths – unless, of course, one possesses a particularly hefty amount.
  • (Zim) Bonds? Now, they’re a different ballgame. The rates of exchange, the interest, the fees after working with banks – it’s all up for negotiation, pulling the strings behind closed doors.
  • Your unique rendezvous at the Redemption or Exchange Center, however, comes with strings attached. No second helpings allowed! If you think you can dance twice at the same ball, think again. Should anyone attempt a sly double-dip, the repercussions will be swift and severe.
  • A second appointment? Reserved for a different basket of currencies scheduled half a year later.
  • The Redemption and Exchange Centers will be open for a brief window of 4 to 6 weeks.
  • Private Bank teams, with their vast networks, swoop in, ensuring anyone with redemptions over $1 million is shepherded into trust setups, private banks, and an exclusive world of perks not available to the average Joe.
  • Redemption Centers exist for the sole purpose of redeeming (Zim) bonds, and Exchange Centers designed for currency-only aficionados.
  • The safety at these centers? Top-notch. I have a hunch the military might be lurking in the shadows, ensuring iron-clad security.'

IMF: Fiscal Expansion to Boost Growth in Iraq (FULL REPORT), 20 MAY

IMF: Fiscal Expansion to Boost Growth in Iraq (FULL REPORT) 20th May 2024 in  Iraq Industry & Trade News ,  Politics By John Lee. The  I...