More News, Rumors and Opinions Thursday PM 9-14-2023
TNT:
Tishwash: German Luxury Goods Maker Opens Store in Iraq
German luxury goods maker Montblanc has reportedly opened its first store in Iraq.
According to Mid East Info, the new boutique is located in Baghdad Mall.
Montblanc is part of the Swiss Richemont group. link
Harambe: US Says Iran's Blocked Funds To Be Transferred To Qatar 'in Coming Days' - Iran Front Page (9/14/23)
US State Department spokesperson Matthew Miller has stated that Iran's frozen assets will expectedly be transferred to the "final destination" in Qatar in the "coming days or so".
Speaking at a press briefing on Wednesday, Miller did not give the exact details of the transactions and just said that “they move from South Korea, through banks in Europe, ultimately to these end accounts in Qatar.”
In response to a question about the amount of the assets that Iran had now access to and could spend, which had been held in India, Turkey, Japan and South Korea, he said the US does not have “perfect” visibility into the accounts and how they were being used.
The spokesman, however, explained that Washington does have information to conclude that they were “spent down by billions of dollars, in some cases all the way to zero.”
Meanwhile, he stated Washington has complete visibility into the accounts in Qatar and is able to “lock them down” if it sees that Iran is attempting to take actions that are in violation of the agreement between the two sides and breach the US sanctions.
“I’m not going to get into what the exact technical details are, but we have the full agreement to stop their access to this account going forward,” he added.
On Monday, President Joe Biden’s administration issued a blanket waiver for international banks to transfer $6 billion in frozen Iranian assets from South Korea to Qatar with no concern about Washington’s sanctions.
In an exclusive interview with the American broadcast television network NBC on Tuesday, Iranian President Ebrahim Raisi stressed Tehran’s full authority on its recently-released assets, saying it is the Islamic Republic that decides how to spend the funds and that the money will be spent “wherever we need it.”
He added, “This money belongs to the Iranian people, the Iranian government, so the Islamic Republic of Iran will decide what to do with this money.”
https://ifpnews.com/us-iran-blocked-funds-transferred-qatar-coming-days/
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Courtesy of Dinar Guru
Nader From The Mid East The Secretary of Treasury of the United States just landed in Iraq to meet with the CBI and the government and the auctions have been changed for good. This is major. You know what happened on the auction changed usually the dinar goes up. So get ready. Good luck!
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Everyone all over Iraq is talking about Sudani's speech. It lasted almost and hour and 30 minutes. He was bragging about us here in Iraq, our country, our sovereignty. Then he floored us and he said about us here in Iraq the security and the stability. FRANK: Sudani, how clean is the CBI floor? 'Spotless Frank!' FIREFLY: He talked how so many countries all around the world are investing here...he has many contracts and he can't even reveal them yet... FRANK: He's waiting for the new exchange rate!
ALERT! "Liquidity Crisis." BANKS ARE SEEKING ANOTHER LIFELINE FROM THE FED.
Greg Mannarino: 9-14-2023
This Is Your Notice: Hyperinflation is Coming...
Lynette Zang: 9-14-2023
When the central bankers and the governments created the fiat money system, they knew a couple of key things.
Not one man in a million understands inflation and also that people marry the legal money of the state, that people think that this money must regain some of its former purchasing power. The problem is, is that it never does.
I know that it's hard for most people to imagine that a hyperinflation event could come here..
CHAPTERS:
0:00 Hyperinflation
2:03 Argentina
5:19 Devaluing Peso
8:37 Price Hikes
10:00 America Shocked By Inflation
10:35 Spot Gold to Peso