Mike Maloney, Greg Mannarino and more Thursday Night 6-30-2022

Silver at the end of petro dollar - petro dollar. petro yuan, changing of the guard & silver price

Silver Report Uncut:  6-29-2022

The end of petrodollar - This is such a big idea no one would have believed it just a few years ago, the end of the petrodollar system? End of the petrodollar?

It's the world reserve currency most say. Well plans made in the dark have now come to the light.

Beginning of the end for the petrodollar? What would it look like for major nations begin to put an end to the petrodollar system. The rise of China and the petrodollar is covered with a look at the petroyuan since there is clearly an appetite amongst a number of oil producing nations to divest and to embrace alternatives to the dollar.

The video also explains what the petrodollar is and what is happening to the petrodollar. What are petrodollars? How do the petrodollars effect the united states dollar and the economy?

How can silver protect a nation whos currency is heading for failure?  They can manipulate silver prices but they cannot do it to the degree necessary to ward of the end of an abused fiat currency.

https://www.youtube.com/watch?v=nolNaSeSYXI

Mike Maloney

ALERT: Only 3 of 20 Rate Hike Cycles DIDN'T End In RECESSION

6-30-2022

After nearly nine years of rock bottom rates, the Federal Reserve has finally raised interest rates… What does that mean for you and your money going forward?

 Best-selling author, Mike Maloney of GoldSilver.com, is joined by Ronnie Stoeferle to discuss how this move could impact our already fragile economy. Ronnie has compiled the data of every single time the Fed raised interest rates, going back all the way to its creation in 1913… And only 3 of those times did NOT result in a recession… Meaning 17 of those 20 times DID result in a recession.

As many folks today are already struggling to buy groceries, fill their gas tanks, or purchase their first home, a recession is the last thing Americans need right now.

But that’s not the only troubling news out of the Fed. Mike and Ronnie discuss the Fed’s attempt to taper and tighten their balance sheet… It’s another move that tends to be followed by disastrous consequences.

During their conversation, Ronnie points out to Mike: “We crunched the numbers, and in its 109-year history, the Federal Reserve attempted to reduce its balance sheet exactly seven times. Six out of seven times was followed by a recession.” – Ronnie Stoeferle

Costs of everyday goods are going up… People are tightening their spending habits… And businesses are starting to cut back. Any way you look at it, things look shaky for the markets going forward…

https://www.youtube.com/watch?v=evwoiby1ITU

An ECONOMY CRATERING, A STOCK MARKET PLUNGING, INFLATION SURGING.. BUT ITS NOT REAL!

Greg Mannarino:  6-30-2022

 https://www.youtube.com/watch?v=yR5vMgo8yTU

Thursday Afternoon Iraq Parliament News Highlights 6-30-22

Thursday Afternoon Iraq Parliament News Highlights 6-30-22

Disclosure Of The Reasons For Al-Sadr's Withdrawal From The Political Process

2022-06-30 | 14:43   3,520 views   On Thursday, a close associate of the leader of the Sadrist movement, Muqtada al-Sadr, revealed the reasons for the latter's withdrawal from the political process.

The leader of the Sadrist movement, Muqtada al-Sadr, announced, a few days ago, his withdrawal from the political process, and justified this by saying, "so that I do not participate with the corrupt in any way."

Salih Muhammad al-Iraqi said in a statement, "What are the reasons that prompted Mr. al-Sadr, the leader, to withdraw from the political process, and I will mention to you some of them."

He added, "The government can only be completed with the involvement of the corrupt, subordinationists and sectarians, and the independents stand neutral in the project of the national majority government, for reasons of encouragement, intimidation or lack of confidence," stressing that "political blocs, and even some countries, insisted on consensus, and this in his view is forbidden and unfair to the people and the nation."

He pointed out that "the conscious classes, such as media professionals, analysts, competencies, technocrats, and others, did not support the national majority project, but some of them were against, especially with the hostile media war, and there was no popular support for that, despite the fact that the majority sympathized with the majority project."

Al-Iraqi pointed out that "the beneficiaries, dissidents, and worldly people from the current dominate in the event of the success of the formation of the national majority government, and this puts the last Shiite national card at risk, and the outbreak of a Shiite conflict over the sharing of government spoils before its formation, so what if it was formed."

He continued, "The issuance of a law criminalizing normalization led to the opposition of the outside world against the owner of the reform project and the majority project, and the formation of the majority government would clash with rampant corruption in all parts of the state, including the politicization of the judiciary and other state institutions." Very much, the doctrine is not superior to corruption, but to reform and the rejection of sectarianism.”   LINK

The Minister Of Al-Sadr Explains In Points The Reasons For The Withdrawal Of The Sadrist Bloc From The Political Process

Thursday, 30 June 2022 9:47 PM  National News Center/ Baghdad Today, Thursday, the Minister of Sadr, Saleh Muhammad al-Iraqi, explained the main reasons for the withdrawal of the Sadrist bloc from the political process.

Al-Iraqi said, in a statement received by the National News Center, that "the most prominent reasons for al-Sadr's withdrawal from the political process are summarized as follows:

First: The government is not complete except with the involvement of the corrupt, vassals and sectarians.

Second: Independents stand by the project of the national majority government for reasons of encouragement, intimidation, or lack of confidence.

Third: The political blocs, and even some countries, insisted on consensus.. This, in his view, is forbidden and unjust to the people and the country.

Fourth: The conscious classes, such as media professionals, analysts, technocrats, and others, do not support the project of the national majority. Rather, some of them stand in opposition, especially with the hostile media war.

Fifth: The lack of popular support for this, despite the fact that the majority sympathize with the majority project.

Sixth: the domination of the beneficiaries, dissidents and the worldly people from the current in the event of the success of the formation of the national majority government, and this puts the last national Shiite card at risk.

Seventh: The occurrence of a Shiite conflict over the sharing of government spoils before their formation, so what if they were formed?!

Eighth: Issuance of a law criminalizing normalization led to a rallying around abroad against the owner of the reform project and the majority project.

Ninth: The formation of the majority government will clash with the rampant corruption in all parts of the state, including the politicization of the judiciary and other state institutions.

Tenth: The naive believe that the majority government is a weakening of the sect.. and this is a very sad matter.. the sect is not superior to corruption, but rather through reform and the rejection of sectarianism.

And he concluded: “Enough with this much.”    https://nnciraq.com/138271/

"Ten Reasons" Prompted Muqtada Al-Sadr To Withdraw From The Political Process

Shafaq News/ "Saleh Muhammad al-Iraqi" blog, which is close to the leader of the Sadrist movement, Muqtada al-Sadr, gave ten reasons that prompted the latter to withdraw from the political process in Iraq.

In his blog, Al-Iraqi stated, "What are the reasons that prompted Mr. Al-Sadr, the leader, to withdraw from the political process? I will mention some of them to you:

First: The government can only be completed with the participation of the corrupt, subordinationists, and sectarians.

Second: Independents stand by the project of the national majority government for reasons of encouragement, intimidation or lack of confidence.

Third: The political blocs, and even some countries, insisted on consensus.. This, in his view, is forbidden and unjust to the people and the nation.

Fourth: The conscious classes, such as media professionals, analysts, technocrats, and others, do not support the national majority project, but some of them stand in opposition, especially with the hostile media war.

Fifth: The lack of popular support for this, despite the fact that the majority sympathize with the majority project.

Sixth: the domination of the beneficiaries, dissidents and the worldly ones from the current in the event of the success of the formation of the national majority government, and this puts the last national Shiite card at risk.

Seventh: The occurrence of a Shiite conflict over the sharing of government spoils before their formation, so what if they were formed?!

Eighth: The issuance of a law criminalizing normalization led to a rallying around the outside against the owner of the reform project and the majority project.

Ninth: Forming a majority government will collide with rampant corruption in all parts of the state, including the politicization of the judiciary and other state institutions.

Tenth: The belief of the naive that the majority government is a weakening of the sect, and this is a very sad matter, as the creed is not superior to corruption, but rather through reform and the rejection of sectarianism. LINK

Iraqi Foreign Minister: Relations With Saudi Arabia Are Very Good And Constantly Evolving

Shafaq News/ Today, Thursday, Iraqi Foreign Minister Fouad Hussein praised the relations between his country and Saudi Arabia.

Hussein said in an interview with the "Al Arabiya" satellite channel, funded by Riyadh, that "relations with Saudi Arabia are very good and in constant development."

He added that Prime Minister Mustafa Al-Kazemi's recent visit to Saudi Arabia dealt with trade relations between the two countries.

On the regional situation, the minister said that dialogues began in Baghdad between Jordan and Iran - Egypt and Iran," adding that "Iraq has proposed converting the dialogue between Riyadh and Tehran into an open dialogue."   Hussein continued, "Our foreign policy has succeeded and there is great support for Iraq from many countries."   LINK

Al-Kazemi: The Country Cannot Be Stable In Security Without Providing Support To The Military Establishment Of All Its Forms, Including The Peshmerga.

Al-Kazemi: The country cannot be stable in security without providing support to the military establishment of all its forms, including the Peshmerga.   LINK

Nechirvan Barzani: Complicating The Differences Between Erbil And Baghdad Is Not In The Interest Of Any Party, And No One Will Win Over It

Shafaq News/ The President of Kurdistan Region, Nechirvan Barzani, reiterated on Thursday the need to resolve differences and outstanding issues between the regional government and the federal government.

This came during his meeting with Mark Bryson Richardson, the British ambassador to Iraq, and his accompanying delegation, according to a statement issued by the Kurdistan Region Presidency.

The statement stated that during the meeting, they discussed the latest developments in the Iraqi situation, the challenges facing the political process, the Erbil-Baghdad differences, the internal situation and the upcoming Kurdistan Region elections, the reform process in the Ministry of Peshmerga and the organization of its forces, and relations between Britain, Iraq and the Kurdistan Region.

According to the statement, the two sides agreed on the importance of the Iraqi forces and parties reaching an understanding to overcome the difficulties facing the political process, and the need to maintain security and political stability in the country, as well as emphasizing the need to improve the service reality in the country.

On the Erbil-Baghdad disputes, President Nechirvan Barzani reiterated that resolving the outstanding differences between the Kurdistan Regional Government and the Federal Government is a key to stability and a remedy for Iraq's problems, and the complexity of these differences is not in the interest of any party and no one will win.

The importance of cohesion between the Kurdish parties in Baghdad, cooperation and coordination in the field of combating crime and narcotics, the issue of immigration and migrants, and developments in the region in general was another focus of the meeting.   LINK

The Minister Of Foreign Affairs And Washington's Ambassador To Iraq Discuss A Number Of Files[/size]

Thursday, 30 June 2022 2:30 PM   National News Center / Baghdad   Today, Thursday, Foreign Minister Fouad Hussein discussed with the US ambassador to Iraq, Alina Romanowsky, the Iraqi situation and the formation of the government.

In a statement received by the National News Center, the Ministry of Foreign Affairs stated that "Foreign Minister Fouad Hussein received the US ambassador to Iraq, Mrs. Alina Romanowski, and during the meeting, they discussed bilateral relations between the two countries, and ways to develop joint cooperation between Baghdad and Washington, and the two sides discussed the Iraqi situation. And the issue of forming the new Iraqi government and t he obstacles it faces.

According to the statement, "The two sides reviewed a number of international and regional issues, and files of common interest, foremost of which are the security and military developments in Ukraine and how this conflict affected the security situation in the region in general and the economic situation in particular."

The statement indicated that "reference was made to discussions in Vienna between the Islamic Republic of Iran, the United States of America and other concerned countries."

For her part, the US ambassador stressed that "the United States supports Iraq in many areas, and it will continue to do so."   https://nnciraq.com/138156/

A Member Of The Wisdom Movement: The Former Prime Ministers, Including Al-Kazemi, Are Excluded From Assuming The Premiership

byMoahmad Editor Iraq news   A member of the Wisdom Movement, Ahmed Al-Issawi, announced that the names of any of the former prime ministers are not on the table and there is no opportunity for Mustafa Al-Kazemi to take over as prime minister, revealing that the coordinating framework is pressing the Patriotic Union of Kurdistan to reach an understanding with the Kurdistan Democratic Party to choose an agreed President of the Republic.

Al-Issawi said: “The names of Nuri al-Maliki, Haider al-Abadi, or any other former prime minister are not on the table, and there is no opportunity for Mustafa al-Kazemi” to take over as prime minister.

He explained that the condition of the coordination framework “is that the next prime minister be accepted by all political parties, and that these parties reassure him, and that he is internationally accepted. That is why we are careful in choosing the next prime minister until after the holiday until the political map becomes clear.”

He stressed that the next government “must be a government that completely zeros out problems, and for this we called it a transitional government, and we do not mean a transitional government in the common sense,” including problems with the Kurdistan Region such as Article 140 and the salaries of the Peshmerga, in addition to attacks from outside the borders.

Ahmed Al-Issawi expected that the Kurds would agree on one candidate for the presidency, noting that the coordination framework “presses the Patriotic Union of Kurdistan to reach an understanding with its partner, the Kurdistan Democratic Party, to choose a president of the republic who will be the president of all Iraqis.”

And he added, "The framework said to Bafel Talabani, go and reach an understanding with the Kurdistan Democratic Party, to agree on a single candidate who represents all Kurds, and we vote on him in Parliament."

Al-Issawi stressed the importance of the Kurdistan Democratic Party’s participation in the government, saying that the party has “great depth in politics,” noting that “President Masoud Barzani’s conditions for participation in the government such as partnership, balance and pluralism, we have been urging from the beginning, as no political bloc can be excluded.” under the Iraqi constitution.

He concluded that the next government must be a strong government agreed internally between the Kurds, Sunnis and Shiites, in order to come up with solutions to all the problems facing the country, noting that “all parties to the coordination framework wish that all influential parties in the government participate, as it gives it greater legitimacy and strength to be A real service government.”   https://altahreernews.com/36895/

Barzani: Escalating disputes with Baghdad is not in anyone's interest and there is no winner in it

By Moahmad EditorIraq news   On Thursday, the President of the Kurdistan Region, Nechirvan Barzani, reiterated the need to resolve differences and outstanding issues between the regional government and the federal government.

This came during his meeting with Mark Bryson Richardson, the British ambassador to Iraq, and his accompanying delegation, according to a statement issued by the Kurdistan Region Presidency.

The statement stated that during the meeting, they discussed the latest developments in the Iraqi situation, the challenges facing the political process, the Erbil-Baghdad differences, the internal situation and the upcoming Kurdistan Region elections, the reform process in the Ministry of Peshmerga and the organization of its forces, and relations between Britain, Iraq and the Kurdistan Region.

According to the statement, the two sides agreed on the importance of the Iraqi forces and parties reaching an understanding to overcome the difficulties facing the political process, and the need to maintain security and political stability in the country, as well as emphasizing the need to improve the service reality in the country.

On the Erbil-Baghdad disputes, President Nechirvan Barzani reiterated that resolving the outstanding differences between the Kurdistan Regional Government and the Federal Government is a key to stability and a remedy for Iraq’s problems, and the complexity of these differences is not in the interest of any party and no one will win.

The importance of cohesion between the Kurdish parties in Baghdad, cooperation and coordination in the field of combating crime and narcotics, the issue of immigration and migrants, and developments in the region in general was another focus of the meeting.    https://altahreernews.com/36919/

Iraqi News Thursday Afternoon 6-30-22

Iraqi News Thursday Afternoon 6-30-22

TLM724 Administrator BondLady’s Corner

The Minister Of Foreign Affairs Receives The American Ambassador To Discuss The Issue Of Forming The Next Government

Political | 01:57 - 30/06/2022   Baghdad - Mawazine News  Foreign Minister Fouad Hussein and US Ambassador to Iraq Alina Romanowski discussed, on Thursday, the issue of forming the new Iraqi government and the "obstacles" it faces.

In a statement received by Mawazine News, the ministry said, "Foreign Minister Fouad Hussein received the US ambassador to Iraq, Alina Romanowski."

He added, "During the meeting, they discussed bilateral relations between the two countries, and ways to develop joint cooperation between Baghdad and Washington, and the two sides discussed the Iraqi situation and the issue of forming the new Iraqi government and the obstacles it faces."

The two sides reviewed, according to the statement, "a number of international and regional issues and files of common interest, foremost of which is the security and military developments in Ukraine and how this conflict affects the security situation in the region in general and the economic situation in particular."

Reference was also made to "the talks in Vienna between the Islamic Republic of Iran and the United States of America and other concerned countries."

For her part, the US ambassador confirmed, "The United States supports Iraq in various fields, and it will continue to do so." Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=198085

The Central Bank: We Saved The Iraqi Economy From Collapse.. America: We Contributed $40 Million

Posted On2022-06-29 By Sotaliraq    The Central Bank of Iraq said, on Wednesday, that it saved the Iraqi economy from collapse in 2014, while America said that it contributed 40 million dollars in aid to Iraq to develop the Iraqi economy.

The Governor of the Central Bank, Mustafa Ghaleb, said during the “Access to Finance” conference, that “the bank was able to stop the collapse of the Iraqi economy during the year 2014 with the collapse of security conditions and the drop in oil prices globally through a package of financing operations,” noting that “the tasks of the Central Bank are to address challenges at critical times for the economy.”

He added, "The bank was able, through launching financing initiatives, including liquidity support for government banks and initiatives to finance farmers' dues," noting that "the financing of these initiatives has currently reached 18 trillion dinars."

He pointed out that “the bank intensified its efforts in the field of clean energy through the initiative to finance one trillion dinars to purchase electricity generating units operating on solar energy,” explaining that this financing was “launched in cooperation with the Association of Banks, a social initiative that contributes to linking the banking sector with society to develop some shrines.” religious, tourist facilities, job opportunities, and others. 

For her part, the US Ambassador to Iraq, Alina Romanowski, confirmed that “the US government is proud to launch the activities of the conference to build a thriving private sector on the basis of transparency,” noting that “on the 18th of last May, the US Agency for Development attracted more than $40 million in private investments. seeking to support economic growth and promote greater prosperity throughout Iraq.”

And she added, "I announce today an important partnership project to build the first gas separation plant between the private sector and the Ministry of Industry and Minerals. The project creates more than 30,000 job opportunities."   LINK

Al-Kazemi’s Advisor: Two Main Factors Contributed To The Failure To Submit The Final Accounts 10 Years Ago

Economie   Thursday, 30 June 2022 2:55 PM   National News Center / Special   The financial advisor to the Prime Minister, Mazhar Muhammad Salih, clarified today, Thursday, about presenting the final accounts of the current government, indicating that there are two main factors that contributed to the failure to approve the final accounts on a regular basis 10 years ago.

Saleh said in an interview with the "National News Center", "The current government's presentation of the final accounts requires the submission of final accounts that extend from the year 2015-2020, taking into account that the year 2020 there is no general budget, which requires the submission of a draft law called the current budget, which is a legal expression. For a final account and a budget at the same time, because revenues and expenditures are already realized.”

He added that "it must be realized that the final account of the state is reflected in the operations of applying the general budget in accordance with the legal regulations, regulations and financial instructions issued, to show the financial position of the state, because of the rights it has to collect, and the obligations it has to pay, as the balance of the final account shows the increase Or the decrease in the state’s assets or assets, which is embodied by the deficit in expenditures or the surplus in revenues during one fiscal year.

He continued: The governmental final account is one of the most important financial statements that the government prepares annually, based on the provisions of Article 34 of the effective Financial Management Law No. 6 of 2019 as amended and related to the financial statement, to clarify all actual expenditures and revenues for the ended fiscal year and the resulting actual surplus. Or a real impotence.

He stressed that “the legislative authority was not able to approve the final account after the year 2012 and until the present time, a decade has passed, and the financial position of the state is still unknown, its details.

In the failure to approve the final accounts on a regular basis for ten years, the first is the difficulty of settling the accumulated government advances, which reached a very high number and may be equivalent in terms of the amount to the expenses of a full fiscal year or more and lack supporting documents at a high rate, and the second: the presence of more than one fiscal year that was not available It has a general budget law. What requires legislating a law (a status quo budget), as we noted above, which is closer to the final account, especially for the years 2014 and 2020.”

Saleh considered that “the oversight task of the House of Representatives in this regard will be a little arduous in following up on the completion of the country’s final accounts for the years 2013-2021, but it will certainly be fruitful after passing the final account for the fiscal year 2013 and enacting a budget law for the current situation for the year 2014 so that the government can refer the rest of the government accounts sequentially only previous years.”    https://nnciraq.com/138166/

Canada Supports Iraq With More Than 3 Billion Dollars

The Canadian government announced its support for the incentive climate action project in Iraq with $3.3 billion to solve the problem of climate change, indicating that the project provides an opportunity to alleviate water scarcity.

Canadian Ambassador to Iraq Gregory Galligan said in a speech during the launching ceremony of the project to stimulate climate action in Iraq, that "the Canadian government is working in cooperation with the United Nations Development Program, the Government of Iraq and the United Kingdom to support climate change initiatives," noting that "Canada contributes to this program within Transboundary Water Program to Increase Iraq's Capacity and Capacity.

He added, "The project that we will launch will support the Government of Iraq in the field of water and drought challenges," noting that "this allows the Government of Canada to support these projects by providing 3.3 billion dollars between 2021-2026, as well as solving the water problem in Iraq, climate change and economic development."

Galligan stressed the need to "manage the water file to meet these needs, as well as the lack of water that leads to migration, especially for the marsh dwellers to urban areas," explaining that "the rate of water decline in Iraq has reached 75%."

He stressed that "many of the population faced some health complications and poor breathing due to the rising dust, and these matters effectively and significantly affect women and children," noting that "this project provides an opportunity for Iraqi men and women to provide solutions to mitigate climate change and water scarcity in particular."

He added, "This project provides an opportunity to work with international and local partners to achieve the common goals of climate and environmental sustainability," stressing the need for "work to start from now on to affect climate change."

And he indicated that "our task is to try to continue the flow of water in the Tigris and Euphrates through generations."    https://www.radionawa.com/all-detail.aspx?jimare=30127

America calls on Baghdad and the Kurdistan Region to negotiate the oil dispute and reveals a role for “UNAMI”

Posted On2022-06-30 By Sotaliraq   On Wednesday, the United States called on the federal governments in Baghdad and the Kurdistan Region to negotiate the dispute over oil, and to benefit from the United Nations mission mandated to assist in this regard.

Al-Hurra channel quoted a statement by a US State Department spokesman, in which he stressed, "The government of Iraq and the Kurdistan Regional Government should sit at the negotiating table to reach a solution to the oil issue that is acceptable to both parties and avoid taking steps that inflame tensions."

He added that "the new mandate of the United Nations Assistance Mission for Iraq (UNAMI) specifically mandates it to assist the parties in achieving this."

He added, "Therefore, we encourage the governments of the Kurdistan Region and Iraq to make maximum use of the good offices of the United Nations Mission."

And last February, the Federal Supreme Court of Iraq, the highest judicial authority in the country, issued an order obligating the Kurdistan Regional Government to hand over all the oil produced on its lands to the central government.

And the court’s decision remains threatened not to be implemented in light of a dispute dating back to years over oil resources between the federal government and the Kurdistan Region, which includes 3 provinces and has been autonomous since 1991.

And the court’s decision stated, “obligating the regional government to hand over the entire oil production from the oil fields in the Kurdistan Region (..) to the federal government represented by the Federal Ministry of Oil.”

Iraq's exports, which is the second largest oil exporter in the Organization of the Petroleum Exporting Countries, amount to about 3.5 million barrels per day, and its financial imports represent 90% of the country's budget.

The Kurdistan Region had pledged to deliver 250 thousand barrels of its daily production, which exceeds 400 thousand barrels, to the central government through the Ministry of Oil, in exchange for receiving the salaries of employees and Peshmerga fighters, the armed forces of the region.

The region's oil exports have been the subject of frequent controversy over the past years, with Baghdad demanding that all the country's oil exports be subject to the supervision of the Ministry of Oil of the central government.    LINK

To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/

MilitiaMan and KTFA Members "Things Lining Uo This Weekend? " 6-30-2022

KTFA:

Samson:  The emergency support law enters into force .. Will the government challenge it?

30th June, 2022

Today, Thursday, Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, announced the entry into force of the Emergency Support Law, after more than fifteen days had passed since its enactment.

Saleh told (Baghdad Today), "The law stipulates that there is a group of deputies requesting the legislation of a law within the parliament that does not have a financial aspect."

He added, "The law has that aspect, but the government will not object or challenge it in the Federal Court because it needs its paragraphs and is linked to the payment of dues to ministries and citizens, such as contracts and others."

On the eighth of this month, the Iraqi parliament voted on the law on emergency support for food security as a whole, to enter its legislative recess.

The vote was attended by 273 deputies, headed by the Speaker of the Council, Muhammad al-Halbousi.

LINK

~~~~~~~~~~~

MilitiaMan:  Interesting they tell us today that the ESFL made entry into force. One day after a publishing day for the gazette.. Banks are closed are now today.. Interesting too is there is a new platform for non reporting companies for the ISX.

Saturday is another publish day for the gazette. The list of nondisclosure stocks will increase in value at varying levels of %s. This new platform is scheduled for this Sunday.

 Not totally a huge thing in of it self or is it? They didn't mention the ISX reporting companies. If the non reporting are going to increase in value and be on the new platform, would it not be likely that the fully reporting stocks do same and interlink with the NASAQ?

Would not a similar and or superior move be warranted and on the same day? I don't know, however, with a new exchange rate to come, there is likely to be increased values for the ISX reporting companies as well. Something that would likely need to be held more close to the chest.

 I see this article as being an indicator..  Possibly a very telling one. We shall see soon enough on both angles.... imo ~ MM

***************

Samson:  The Iraq Stock Exchange launches a platform for trading shares of undisclosed companies

29th June, 2022

The Securities Commission and the Iraq Stock Exchange announced the launch of a platform for trading shares of undisclosed joint stock companies, while identifying the companies that can trade on the platform

The authority’s media stated, in a statement, that “the authority decided to create and launch (a platform for trading the shares of undisclosed joint stock companies) Undisclosed Comp as of Sunday’s session 3/7/2022,” noting that “the rate of change in the session will be 5%, up and down from the closing price.” The share price will be left with a 50% change from the last closing price of the share in the first trading session on the platform

He added, "Trading on this platform will be for companies that the Securities Commission had previously decided to suspend from trading due to failure to provide the required disclosures, which are: Electronic Industries Company, Light Industries Company, Al Badia Public Transport Company, Modern Construction Materials Industry Company, the Iraqi Company for Land Transport and a Bank Company. Babel, Al-Batak for Financial Investments, the Modern Company for Animal Production, the North Bank Company, the Al-Khair Financial Investment Company, the Iraqi Company for the Transport of Oil Products, and any company that the Commission decides in the future to include in trading on this platform from the listed companies

He called on the above companies to "commit to provide the minimum disclosure (a report on the company's situation from the date of submitting the last financial statements to date / lawsuits / seizure and mortgage / any material events affecting the company's activity) and the experience and mechanisms will be evaluated after three months from the start of the application and take advantage of the notes indicated on it according to an evaluation and efficiency examination form

The Securities Commission and the Iraq Stock Exchange also decided to "increase the price change percentage from 10% to 15% as of 3/7/2022 for the companies listed therein in order to activate trading in the regular trading platform

The Commission stressed that "the potential shareholder and investor - bears the responsibility of buying and selling shares on the shares listed on the undisclosed companies platform - based on his investment decisions and that the brokerage companies include a note in the purchase and sale authorization and in the investor's agreement that includes the phrase that the shareholder and investor are informed of the above and acknowledges his responsibility any risks that appear later as a result of the lack of information and data - lack of disclosure - for the companies participating in this platform

He pointed out that the procedures were "based on Legislative Order No. 74 of 2004 and the instructions and rules issued by the Securities Commission and the Iraq Stock Exchange and in order to protect the rights of shareholders in joint stock companies listed on the Iraq Stock Exchange, attract potential investors, and activate trading in securities  LINK

Samson:  Al-Kazemi's Advisor : Two main factors contributed to the failure to submit the final accounts 10 years ago

30th June, 2022

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, clarified today, Thursday, about presenting the final accounts of the current government, indicating that there are two main factors that contributed to the failure to approve the final accounts on a regular basis 10 years ago.

Saleh said in an interview with the "National News Center", "The current government's presentation of the final accounts requires the submission of final accounts that extend from the year 2015-2020, taking into account that the year 2020 there is no general budget, which requires the submission of a draft law called the current budget, which is a legal expression. For a final account and a budget at the same time, because revenues and expenditures are already realized.”

He added that "it must be realized that the final account of the state is reflected in the operations of applying the general budget in accordance with the legal regulations, regulations and financial instructions issued, to show the financial position of the state, because of the rights it has to collect, and the obligations it has to pay, as the balance of the final account shows the increase Or the decrease in the state’s assets or assets, which is embodied by the deficit in expenditures or the surplus in revenues during one fiscal year.

He continued: The governmental final account is one of the most important financial statements that the government prepares annually, based on the provisions of Article 34 of the effective Financial Management Law No. 6 of 2019 as amended and related to the financial statement, to clarify all actual expenditures and revenues for the ended fiscal year and the resulting actual surplus. Or a real impotence.

He stressed that “the legislative authority was not able to approve the final account after the year 2012 and until the present time, a decade has passed, and the financial position of the state is still unknown, its details.

In the failure to approve the final accounts on a regular basis for ten years, the first is the difficulty of settling the accumulated government advances, which reached a very high number and may be equivalent in terms of the amount to the expenses of a full fiscal year or more and lack supporting documents at a high rate, and the second: the presence of more than one fiscal year that was not available it has a general budget law. What requires legislating a law (a status quo budget), as we noted above, which is closer to the final account, especially for the years 2014 and 2020.”

Saleh considered that “the oversight task of the House of Representatives in this regard will be a little arduous in following up on the completion of the country’s final accounts for the years 2013-2021, but it will certainly be fruitful after passing the final account for the fiscal year 2013 and enacting a budget law for the current situation for the year 2014 so that the government can refer the rest of the government accounts sequentially only previous years.”   LINK

~~~~~~~~~~

MilitiaMan:   When all is said and done they completed the last 10 years of accounts. They needed that to be done.. Now we look for the fruit of it all.. imo The colors will show in the ATMs.. Lets see what they show us next. ~ MM

Popete7:  Imo, thanks MM, and as you stated, things could be lining up this weekend... Middle of the year, 3 day weekend in the states, ISX new platform on the 3rd, salaries beginning to be paid electronically, and all of the talk of the ATM's as well as the NSCN... It would seem to be the perfect opportunity to make a move on this... Time will tell, and God willing... Take care, and thanks for your insight, and taking the time to share...

DinarDiva1:  Imo, thanks MM, and as you stated, things could be lining up this weekend... Middle of the year, 3 day weekend in the states, ISX new platform on the 3rd, salaries beginning to be paid electronically, and all of the talk of the ATM's as well as the NSCN... It would seem to be the perfect opportunity to make a move on this... Time will tell, and God willing... Take care, and thanks for your insight, and taking the time to share...

MilitiaMan:  You all are very welcome. I am glad to be able to be here and help where I can.. Enjoy the holiday weekend and lets see wha they do next. imo ~ MM 

Some "International News" posted by Samson at KTFA Thursday 6-30-2022

KTFA:

Samson:  The Russian Central Bank Introduces A New Banknote

30th June, 2022

The Russian Central Bank offered, on Thursday, a new 100-ruble banknote, and the regulator announced that the new banknote would be put into circulation starting today (June 30, 2022).

The front side of the new banknote contains the Spasskaya Tower, the main tower of the eastern wall of the Kremlin, also known as the clock tower, while the reverse contains the Rzhevsky monument to the Soviet soldier.

The new banknotes are treated with special materials for added protection, and contain a QR code that takes the user to the central bank's website.  LINK

Samson:  Disruption of official working hours in Kurdistan for a week

30th June, 2022

Today, Thursday, the Kurdistan Regional Government announced the suspension of official working hours for a whole week.

And the regional government stated in a statement received (Baghdad today) that it had "instructed to suspend official working hours for a week on the occasion of the blessed Eid al-Adha."

And she indicated that "the holiday starts from Saturday, July 9, until Sunday, July 17."  LINK

**************

Samson:  The Governor of the Central Bank of Iraq participates in the (Access to Finance) conference

29th June, 2022

The Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mokhief, confirmed that the Central Bank continues to perform its roles prescribed by law in monitoring the financial and banking sector.
 
His Excellency said Wednesday, that the Central Bank is pushing the financial and banking sector to greater horizons. His Excellency added in his speech at the "Access to Finance" conference, which was held at the Al-Rasheed Hotel, with the participation of the public and private sectors:

The Central Bank of Iraq has initiated a package of measures to save the economy and economic institutions from a certain abyss, after a state of despair and panic prevailed among the dealers in the economy.  And those dealing with state institutions, after the reluctance that occurred in the performance of their obligations with them. 
 
He added: The Central Bank made access to finance possible when it launched a number of qualitative and courageous initiatives that enabled our society to feel safe through our initiatives that covered different and important sectors. His Excellency pointed out that the Central Bank of Iraq is not kind to these measures and initiatives, and finds itself only in the position it should be in.

Governor clarified that the goal of enhancing financial inclusion and securing access to financial and banking services to the community was one of our priorities that we are working on with short, medium and long-term plans, and that access to finance is no longer a dream intertwined with red tape, corrupt and closed-minded hands, but rather has become a national path in the work of the banking sector and institutions Microfinance, and its defense has become a priority for the Central Bank and the banking sector alike.

Central Bank of Iraq 
Media Office 
29 - June - 2022    LINK

************

Samson: Al-Fateh: The Countdown To Forming A Government Begins After Eid

30th June, 2022

A member of the Al-Fateh Alliance, Ghazanfar al-Batekh, confirmed, on Thursday, that the coordination framework negotiations with the rest of the political blocs are continuing, and the formation of the government will take place after the blessed Eid al-Adha.

Al-Batekh said in a statement to "Al-Maalouma", that "the atmosphere is positive and there are no differences for the coordination framework with the rest of the political blocs," noting that "the initial agreement emphasizes the speedy formation of The government is in one basket, represented by the President of the Republic, the Prime Minister, the cabinet, and then the government curriculum.

He added, "Resolving the position of the president of the republic among the Kurdish parties is the key to the next government, which needs a quorum of 220 deputies to pass the candidate," stressing that "the next government will be a government of services in all respects, especially the economic one."

The coordinating framework forces became the most numerous parliamentary bloc in the House of Representatives, after obtaining about 40 new seats, taking advantage of the resignation of members of the Sadrist bloc, which gives it the upper hand in the file of government formation and the distribution of positions.  LINK

Samson:  The “Great China Fund” .. Beijing is establishing a bank to promote its currency, so will the “international monetary” compete or overthrow the throne of the dollar?

29th June, 2022

China's announcement of the establishment of an international monetary fund with a number of Asian countries, in what can be called the Great China Fund, or the Chinese Monetary Fund, raises questions about the purpose of this step, and whether it establishes an end to the dominance of the dollar on world markets, or does it represent a competitor to the International Monetary Fund, which is dominated by Western countries led by America.

China's plan to establish a system to accumulate reserves in yuan (renminbi) initially includes the Chinese central bank, known as the People's Bank of China (PBOC), the Bank of Indonesia, the Central Bank of Malaysia, the Monetary Authority of Hong Kong, the Monetary Authority of Singapore, and the Central Bank of Chile. 

The Chinese Monetary Fund could pave the way for the Chinese currency to play a key role in the Asia-Pacific region, and it is believed that in the longer term, this Chinese Monetary Fund could be a competitor or alternative to the International Monetary Fund, which is dominated by the dollar, according to the American Business Insider website. 

The plan comes amid growing concern in Beijing about the dominance of the US dollar, with global investors searching for safe havens, while the US set out to try to tame high inflation by raising interest rates.

How do member states benefit from the fund?

Each country will contribute 15 billion yuan, or about $2.2 billion, to the RMBLA liquidity system. “When liquidity is needed, participating central banks will not only be able to withdraw their contributions, but will also be able to obtain additional financing through a secured liquidity window” to counter market volatility, the Chinese central bank said.

These funds will be stored in the Bank for International Settlements, (BIS) is an international financial institution owned by central banks, which "promotes international monetary and financial cooperation, and acts as the bank of the central banks", particularly with regard to the passing and settlement of banking transactions, and is headquartered in Basel, Switzerland, and has offices Representative in Hong Kong and Mexico City.

How will the Chinese Monetary Fund compete with its international counterpart?

With the announcement of the new fund's ability to lend to its founders more than their contributions to it, it will make it similar or a competitor to the International Monetary Fund, which is dominated by the United States, and the major Western countries.

China's monetary fund could attract more members to join in the future, said Ding Shuang, chief China economist at Standard Chartered Bank. CMF participants will also have access to additional financing through a secured liquidity window, which allows participating central banks to borrow additional using their existing holdings as collateral.

The People's Bank of China said the arrangement would help meet reasonable international demand for the yuan and contribute to regional financial security.

This is how Beijing is trying to gradually reduce the dominance of the dollar

The announcement highlighted China's central bank's efforts to build infrastructure, which will help loosen the dollar's dominance of global trade.

China's plan to establish a yuan liquidity reserve pool with the Bank for International Settlements (BIS), could help boost the international use of the Chinese currency.

The Chinese authorities have taken a flexible approach, seeking to expand the yuan's dealings internationally, through their fourteenth five-year plan for the period from 2021-2025, describing the process of the international use of the yuan as a matter that depends on the choice of the market and gradually.

China has for years sought to increase the global use of the yuan, signing bilateral currency swap deals worth more than 3 trillion yuan with more than 40 countries, including 400 billion yuan each for Hong Kong and South Korea, and 350 billion yuan each with the Bank of England and the Central Bank. The European Union, 300 billion yuan with Singapore, and 150 billion yuan with Russia.

What are the reasons for the establishment of the Chinese Monetary Fund?

While tension over Hong Kong's national security law has sparked heated debates about a possible financial separation between China and the United States in 2020, the recent Western sanctions on Moscow after its invasion of Ukraine have served as a special wake-up call for Beijing, especially the decision to exclude major Russian banks from the SWIFT messaging banking system. and freezing the assets of the Russian Central Bank with Western countries and their Asian allies.

It is noteworthy that Russian President Vladimir Putin told the BRICS Business Forum last week that Russia and China are working on developing a new reserve currency with other BRICS countries (this grouping includes countries with the fastest economic growth in the world, most of which are large non-Western economies).

Meanwhile, government data indicated that China's foreign exchange reserves - the largest in the world - rose last May, for the first time in 2022, by $80.6 billion to reach $3.13 trillion.

Everyone is afraid of America exploiting the dollar for its own benefit

In addition to political factors, and the fear of being subjected to a blockade similar to the Western blockade against Russia, China and many countries of the world are concerned about the dollar's situation, which in recent weeks has reached its highest level in 20 years.

The sharp rise in the value of the dollar as the US Federal Reserve continues to raise interest rates in an unprecedented and aggressive manner, for nearly 30 years, is posing challenges to currencies and central banks around the world.

The whole world, even America's allies, feel that Washington is exploiting the dollar's status as a major reserve and trading currency, in a way that only serves its economic goals, as the US Federal Reserve accelerated the tightening of monetary regulations, and launched the process of shrinking the balance sheet in June, which led to fears of launching a recession wave. hypertrophied all over the world. Against this backdrop, China is touting that the launch of the renminbi liquidity arrangement is of great importance to defuse potential risks, a China Daily report said.

Yuan expands despite Washington's nose

Recently, the Chinese renminbi has been used more often in trade settlements, international investment and finance, and foreign exchange transactions, and more central banks have included it in their foreign exchange reserve pools. Market players have shown an increasing willingness to use it, China Daily reported.

The yuan's share in global payments, forex transactions, and reserve assets is still far from competing with the US dollar. The yuan accounted for 2.14% of global payments, in April 2022, well below the 41.81% led by the US dollar.

In terms of its share of global foreign exchange reserves, the yuan ranked fifth at the end of last year, with a share of 2.79%, compared to 58.5% for the US dollar and 20.6% for the euro. But many analysts believe that the Russian-Ukrainian war and market turmoil in the wake of massive interest rate increases by the US Federal Reserve may give it an opportunity for the yuan to strengthen its position.

Sanctions have damaged the global financial system and will accelerate the de-dollarization move,” China's investment bank Citic Securities said, while a Washington Post report said Beijing's plan to internationalize the yuan could also get a boost through the Belt and Road Initiative, particularly within Asia.

The start of the yuan competition against the dollar will be from Asia

"The yuan will initially play the role of the base currency in Asia.”  That appears to be China's initial plan, understood by an article by Deng Zhijie, head of the Research Center of China's State Administration of Foreign Exchange (SAFE), in the June issue of Modern Bankers.

But the Chinese official said internationalizing the yuan would be a complex and long-term task. "In the future, we should pay more attention to economic ties and strengthen regional monetary and financial cooperation," he said.

The yuan's weight in the IMF's Special Drawing Rights basket will be raised to 12.28% on August 1, 2022, an increase of 1.36 percentage points over the 2016 assessment.

Does China want to find an immediate alternative to the dollar or the IMF?

The current financial and monetary system is led by America, through the dollar, the International Monetary Fund and the World Bank, and it and Western countries control the Swift system of banking exchange and the role of major Western financial stock exchanges, in addition to America's role as the largest consumer in the world. Most likely, China does not want an immediate replacement for this existing system.

As for Beijing, it is the biggest beneficiary of the current financial system, as the dollar being the main trading currency makes it expensive, and enables China to reduce the price of its currency, which increases the competitiveness of its exports to be sold heavily to the West, especially the United States, and the latter compensates for its trade deficit with the flow of cash on its securities from The money of China, Japan, and sometimes the Gulf states, benefiting from being the center of the global financial system.

But China mostly wants to find a gradual alternative to this system for two reasons, the first is that in the long run it cannot continue the export-driven development model at the expense of domestic consumption, because it is based on low wages in the country, which cannot be sustained for reasons of potential popular discontent that may cause it.

Beijing has already begun to turn to advanced industries based on knowledge and technology, not low wages, and the continuation of this model is based on the continued opening of the United States and Western countries to Chinese products, which is not guaranteed.

The second reason is that China fears that it will be subjected to any form of deprivation or Western sanctions, similar to what happened with Russia, although this will be more difficult for the West than the Russian case due to the size of the Chinese economy and the West's dependence on Chinese supply chains. Hence, China wants to create a financial system parallel to the current financial system led by the United States, so that it participates in the two systems. He is starting to mature.

This system will consist of its currency, the yuan, which is becoming increasingly important, as it is the largest exporter in the world, which makes it a desirable currency in international trade. With the establishment of the proposed Chinese Monetary Fund, there will be mechanisms for trading and lending the yuan, similar to the mechanisms that are dominated by the West such as the IMF.

Mostly this means that there will be two parallel global financial systems (just as there will likely be two parallel systems in all other areas of life), one led by America and the other by China. Any country can participate in both systems simultaneously, including Beijing itself.

But the problem is that the Chinese financial system, even if it is parallel or reserve, encourages financial separation between America and China more than before, a separation that will not only harm the global economy, including the economies of the two countries, but will also sever the bonds of the trade relationship between America and China, In a way that may encourage a dangerous escalation of competition between them, given that this close commercial relationship is still the first brake on the confrontation between the two giants.  LINK

Iraqi News Thursday AM 6-30-22

Iraqi News Thursday AM 6-30-22

TLM724 Administrator BondLady’s Corner

Fearful: The Central Bank Has Embarked On A Package Of Measures To Save The Economy From A Certain Abyss

Economie    Today, 21:01   Today, Wednesday, the Governor of the Central Bank, Mustafa Ghaleb Mikhaif, announced that the bank has started a package of measures to save the economy from a certain abyss, indicating that  one of the bank’s priorities is to enhance financial inclusion and secure access to financial and banking services to the community.

In his speech during the “Access to Finance” conference, which was held at the Al-Rasheed Hotel, with the participation of the public and private sectors, and was followed by the Iraqi News Agency (INA), he said,

“The Central Bank of Iraq has embarked on a package of measures to save the economy and economic institutions from a certain abyss, after they prevailed A state of despair and panic among those dealing in the economy, and those dealing with state institutions, after the reluctance that occurred in fulfilling its obligations with them.  He added,

"The Central Bank made access to financing possible when it launched a number of qualitative and courageous initiatives that enabled our society to feel safe through our initiatives that covered different and important sectors," noting that

"the Bank is not kind to these procedures and initiatives, and finds itself only in Where it should be." He stressed that

"the goal of enhancing financial inclusion, and securing access to financial and banking services to the community, was one of our priorities that we are working on with short, medium and long-term plans," noting that

"access to finance is no longer a dream intertwined with the hands of red tape, corrupt and closed-minded people, but rather has become a national path in The work of the banking sector and microfinance institutions, and defending it has become a priority for the Central Bank and the banking sector alike.” https://www.ina.iq/159694--.html

The Delegation Of The Central Bank Of Iraq Participates In The Activities Of The Modern Technology Exhibition In Erbill

June 29, 2022  The delegation of the Central Bank of Iraq participated on Tuesday, 6/26/26/262 in the activities of the modern technology exhibition held on the ground of the Erbil International Fair, and visited the wings of banks and modern technology companies.

The delegation participated today, Wednesday, 29/26/292, in the partnership forum between British companies and Iraqi companies in the Kurdistan region.

The Deputy Governor presented a presentation on the

tasks of the Central Bank of Iraq,

its roles and development initiatives, and the

progress witnessed by the banking sector under the control of the central bank and

its support for this sector.

The President of the Association of Private Banks and a number of officials of the Central Bank participated in those events.

The Central Bank of Iraq   information Office   29- June – 2022    https://cbi.iq/news/view/2038

The Governor Of The Central Bank Of Iraq Participates In The Conference (Access To Financing)

June 29, 2022  The Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Makhif, confirmed that the Central Bank continues to perform its roles that the law has drawn in monitoring the financial and banking sector.

His Excellency said today, Wednesday: The central bank pushes the financial and banking sector to greater horizons.

His Excellency added, in a speech at the "Access to Financing" conference, which was held at the Rashid Hotel, with the participation of the public and private sector:

The Central Bank of Iraq has started a package of procedures to save the economy and economic institutions from a certain abyss, after a state of despair and panic prevailed among those dealing with the economy, And dealing with state institutions, after the delay in the performance of their obligations with them. And he added:

The central bank made access to funding as possible when he launched a number of qualitative and courageous initiatives that enabled our society to feel safe through our initiatives that included various and important sectors.

His Excellency pointed out that the Central Bank of Iraq is not preferred by these procedures and initiatives, and he only finds itself in the location in which it must be.

The Governor explained that the goal of

strengthening financial inclusion, and

securing the arrival of financial and banking services to society was one of our priorities that

we are working on in short, medium and long -term plans, and that

access to financing was no longer a dream that the hands of routine, corrupt and closed horizons,

but rather a national path in the work of the banking sector and institutions Microfinance, and

its defense has become a priority of the central bank and the banking sector alike.

The Central Bank of Iraq   information Office   29 - June – 2022   https://cbi.iq/news/view/2037

The Iraqi Market Launches A Platform For Trading Shares Of Undisclosed Joint-Stock Companies

 Economie    Today, 19:52   Today, Wednesday, the Iraqi Stock Exchange announced the launch of a platform for trading shares of undisclosed joint stock companies.

The Executive Director of the market, Ahmed Abdel Salam, said in a statement received by the Iraqi News Agency (INA), that "it was decided to develop and launch (a platform for trading shares of undisclosed joint-stock companies), starting from the session next Sunday, the third of July," noting that

"This came in accordance with Legislative Order No. 74 of 2004 and the instructions and rules issued by the Securities Commission and the Iraq Stock Exchange.  He added,

"The platform aims to protect the rights of shareholders in joint stock companies listed on the Iraq Stock Exchange, attract potential investors, and activate trading in securities," explaining that

"the rate of change in the session will be 5%, up and down from the previous closing price of the stock, and the price will be left by 50% change from the last closing price of the stock in the first trading session on the platform.  He stated that

"trading on this platform will take place for companies that the Securities Commission had previously decided to suspend from trading because they did not provide the required disclosures, which are

(Electronic Industries Company,

Light Industries Company,

Al Badia Public Transport Company,

Modern Construction Materials Industry Company, and the

Iraqi Transport Company).

Al Berri, Babel Bank Company,

Al Batik Financial Investments Company,

Modern Animal Production Company,

Al Shamal Bank Company,

Al Khair Financial Investment Company and the

Iraqi Company for the Transport of Oil Products).  He added that

"the authority is the one who decides in the future to include any company in trading on this platform," calling

"the aforementioned companies to commit to providing the minimum disclosure (a report on the company's status from the date of submitting the last financial statements to date / lawsuits / seizure and mortgage / any events). material impact on the company's activity).  And he indicated that

"the experience and mechanisms will be evaluated after three months from the start of the implementation and benefit from the observations indicated on it according to an evaluation and efficiency examination form," explaining that

"the Securities and Exchange Commission and the Iraq Stock Exchange decided to increase the rate of price change from 10% to 15% starting from 3 /7/2022, for the companies listed therein, in order to activate trading on the regular trading platform.  He stated that

"based on the principles of the work of the securities commissions and stock exchanges and the principles of the International Federation of Authorities, we stress that the potential shareholder and investor - the responsibility of buying and selling shares on the shares listed on the undisclosed companies platform - based on his investment decisions, and that

the brokerage companies install a note in The authorization to buy and sell and in the investor agreement includes the phrase informing the shareholder and investor of the above and acknowledging that he bears any risks that may appear later due to lack of information and data - lack of disclosure - for the companies participating in this platform.   https://www.ina.iq/159689--.html

A New Development Related To The Economic Zone Between Iraq And Jordan

Economie    Today, 19:37  Baghdad - INA - Wissam Al-Mulla, Governor of Anbar, Ali Farhan Al-Dulaimi, confirmed today, Wednesday, that work is underway to complete the economic zone between Iraq and Jordan.

Al-Dulaimi said in a statement to the Iraqi News Agency (INA), that

"the province discussed with the Ministry of Finance and the competent authorities, the free and industrial zones," noting that

"these areas are very important in Anbar Governorate because they are characterized by a good geographical location."  He explained,

"The economic zone between Iraq and Jordan has been defined," noting that

"work is underway to be completed by the local government and the Kingdom of Jordan, in addition to the Republic of Egypt."  He added,

"The completion of the area will achieve a great economic return," noting that

"the presence of 5 border crossings in Anbar and free zones is very necessary."  He stressed,

"The need to develop and reconsider the laws related to the development of free zones in line with the development taking place in the world in general and in Iraq in particular," noting that

"there are distinguished opinions presented by the Ministry of Finance and specialists on how to deal with free zones in Iraq."    https://www.ina.iq/159687--.html

To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/

Thursday AM Iraq Parliament News Highlights 6-30-22

Thursday AM Iraq Parliament News Highlights 6-30-22

Al-Amiri And The French Ambassador Discuss Steps To Expedite The Formation Of The Government

Policy   2022-06-29 | 12:26   944 views   Today, Wednesday, the head of the Al-Fateh Alliance Hadi Al-Amiri discussed with the French ambassador, Eric Chevalier, steps to expedite the formation of the new government.

Al-Amiri's office said in a statement received by Alsumaria News, that the latter "received in his office aBaghdadToday, Wednesday, the French ambassador toIraqEric Chevalier.

The two sides discussed, according to the statement, "the political situation and practical steps to expedite the formation of the new government, as well as discussing relations between the two countries and ways to develop them."   LINK

Al-Fayyad: Any Breach Of The Democratic System Of Governance Will Lead To Civil War And Chaos

Political | 10:48 - 29/06/2022   Baghdad - Mawazine News, head of the Popular Mobilization Authority, Faleh al-Fayyad, said today, Wednesday, that any breach in the system of democratic governance will lead to civil war and chaos.

Al-Fayyad added, in a televised interview, that "this matter is sensitive and must be dealt with accurately," noting that "no political class can lead the country outside the election box."

Al-Fayyadh pointed out that "it is not difficult to make constitutional amendments or transform the system in Iraq from a parliamentary to a presidential one, but the demolition of (the house) will only result in destruction and devastation."

Regarding the withdrawal of the Sadrist movement’s deputies from parliament, Al-Fayyad said, “The matter brought about a new shift in the situation and made the political forces to carry out the task, including the framework. in front of other powers.

He added, "Al-Sadr insisted on a model for forming a government, but the possibilities were not available. He decided to withdraw from the political process, and refused to enter except into a national majority government from which he excluded part of the framework, and this did not happen."

Regarding the missile attacks that affected the region and other areas, Al-Fayyadh explained that “they were not effective and had no effect, and the framework does not work with these tools and may be behind an agenda or jurisprudence from some parties. As for the framework, it fought a political confrontation based on gain, persuasion and resort to measures legal and constitutional.

The head of the Popular Mobilization Committee, Faleh al-Fayyad, denied his candidacy for the position of prime minister, saying: “I did not put my name up as a candidate for the presidency, and there are some names circulating,” adding that “Mr. al-Sadr is an important Iraqi party, but he is not about to participate in the consultations to choose the prime minister.” .

He pointed out that "if al-Sadr participates in choosing the prime minister, it means that he participates in the government, and he rejects that."    https://www.mawazin.net/Details.aspx?jimare=198038

Will The Current Allies Abandon The Principle Of The Majority?

Sumerian special  2022-06-29 | 06:22  Source:  Sumerian  2,364 views   Will the framework come to fruition with a satisfactory consensual government, and will the allies of the movement abandon the principle of the majority.. Many questions and the answers to them do not bear interpretations, but the scene in general will become clear in the first parliamentary sessions after the Eid al-Adha holiday.

Will friends abandon their resigned ally and leave the principle of majority towards consociationalism? The answer to this question is not subject to speculation, especially since some leaks talk about tempting offers made to the two allies, specifically to the democratic dreamer of the presidency of the Republic, as a rival to the rival PUK, which means that, according to the data, the two-thirds of this time may be inclined to the condition of the ambitions to achieve the framework The new ones to sail towards consociationalism with a boat that includes more than two hundred and twenty-two deputies in the first parliamentary session to be held after the Eid al-Adha    LINK

Al-Kazemi attends a ceremony to qualify and fly T-50 IQ planes

2022-06-30 | 153 views   Alsumaria News – Baghdad   The Prime Minister and Commander in Chief of the Armed Forces Mustafa Al-Kazemi attended today, Thursday, a ceremony for the rehabilitation and flight of T-50 IQ aircraft, at the Martyr Muhammad Alaa Air Base in the capital, Baghdad.

According to a statement by his media office, "Al-Kazemi praised, in a speech on the occasion, the heroic efforts of the Air Force, officers and affiliates, who constitute a cornerstone in the stories of victory over the terrorist gangs of ISIS."

Al-Kadhimi pointed to "the development of the capabilities of the Iraqi air force as it performs its duties in protecting Iraq's cities and villages, and directs continuous strikes against terrorist groups."

According to Al-Kazemi's media office, "the (T-50 IQ) is a fourth-generation aircraft, which is Korean-made, and its performance is compared to the F-16, and it is used for multiple and advanced combat and training purposes, and its ability to carry laser-guided, training and unguided bombs."  LINK

Formation Of A Committee To Deal With The File Of Their Contracts Revoked By The Security Services

Iraq   11:38 - 06-30-2022  Today, Thursday, the General Secretariat of the Council of Ministers announced the formation of a committee to deal with the file of their contracts terminated by the security services.

The General Secretariat said in a statement, “The Council of Ministers decided to form a committee headed by the Secretary of the Commander in Chief of the Armed Forces and the membership of the relevant security authorities and a representative of the Ministry of Finance. Within the amount specified in Paragraph 4 of Table A attached to the Law on Emergency Support for Food Security and Development, which was recently voted by the House of Representatives.

And she added, "The committee will seek the assistance of whomever it deems appropriate to accomplish its tasks, and will submit its final recommendations, for decision, to the Commander-in-Chief of the Armed Forces." https://kirkuktv.net/AR/Details/7157

Deputy For The Framework: We Will Go With The Candidate Of The National Union For The Position Of The Presidency Of The Republic

Iraq  12:55 - 06-29-2022   The leader in the coordination framework, Fadel Mawat, confirmed that the framework's candidate for prime minister will be the leader of the State of Law coalition, Nuri al-Maliki.

Mowat said, today, Wednesday, that Nuri al-Maliki's autopsy for this position will gather the opinions of the blocs of the coordination framework, as he is the only person capable of dealing with the problems that the country is going through at the present time. As he put it, he

added, that in the event that the Kurdistan Democratic Party and the Patriotic Union do not agree on a personality for the position of the presidency, the opinion of the Patriotic Union will be taken into account.

And he indicated, that the two parties will be asked to present their candidates in the House of Representatives to be voted on one of them, stressing, “The framework will go with the candidate of the National Union.” https://kirkuktv.net/AR/Details/7137

A Meeting Of Independent Representatives Determines Their Position On The Political Movement

Political | 11:28 - 30/06/2022   Special- Mawazine News  Independent MPs will hold a meeting this Thursday evening to determine their position on the political movement and the political process.

Independent MP Yasser Watout told Mawazine News that the independent representatives will hold an expanded meeting this evening to discuss the latest developments and the final position on the political process.

He added, "The information received by us confirmed the continuation of the coordination framework with talks to form the government and choose the prime minister.

" That “all the current hadith is nothing but a political opinion and discussions, and there is no final decision on this matter or a definitive result.”  https://www.mawazin.net/Details.aspx?jimare=198073

Al-Kazemi Attends A Ceremony To Rehabilitate Aircraft At The Martyr Muhammad Alaa Air Base[/Size]

political| 11:25 - 30/06/2022   Baghdad - Mawazine News   The Prime Minister's Office announced today, Thursday, that Prime Minister Mustafa Al-Kazemi attended a ceremony to qualify and fly (T-50 IQ) aircraft.

And the office said in a statement that Mawazine News received a copy of it, that "the Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, attended a ceremony for the rehabilitation and flight of (T-50 IQ) aircraft at the Martyr Muhammad Alaa Air Base." Ended 29 / M 99

https://www.mawazin.net/Details.aspx?jimare=198072

Formation Of A Clan Government Alliance To Stem The Conflicts In Muthanna

Posted On2022-06-30 By Sotaliraq    The Directorate of Clans Affairs in Al-Muthanna announced the formation of a clan alliance supported by the local government to resolve and encircle armed clan conflicts.

The Director of Clans Affairs in Muthanna, Brigadier General Nasser Muhammad, said in an interview with Al-Mada that "this alliance, which consists of several large clans in the province and their masters, took upon itself to repel all clan tendencies and encircle them before the clash occurred." He added, "This coalition is supported by the local government in the province and the police leadership, which in turn also intervenes on the line directly in the event of clan conflicts and disputes."

And he indicated, "The governor and the police chief are the ones who supervise this coalition and personally intervene in cases of any armed conflict."

The southern governorates are constantly witnessing clan conflicts in which various medium and light weapons are used, resulting in the death and injury of large numbers of citizens, in addition to material losses in property.    LINK

The “Frame” Requires The President Of The Republic Only 10 Minutes! "Al-Sadr" Strikes Blows From Retirement, And The Two-Thirds Knot Is Chasing The "Coordination Committee"

Posted On2022-06-30 By Sotaliraq    Baghdad / Tamim Al-Hassan   The coordinating framework needs to convince at least 50 deputies to form the next government - the same number that the Triple Alliance needed before the Sadrist movement's leader Muqtada al-Sadr's retirement - otherwise he will face a "new blocking third".

The "coordinator" feels that Iran has implicated him by leaving him alone without al-Sadr in the task of forming the new government, and he would have preferred to persuade the leader of the movement rather than push him to go to the boycott.

The leader of the Sadrist movement had recently denied being threatened by Tehran, but instead accused "Iran's arms" in Iraq of being behind his recent retirement decision.

By withdrawing from forming the government, Al-Sadr has dealt two blows to his former opponents by causing a rift within the "coordinating framework" and embarrassing them with the support of their candidate for the presidency, Barham Salih.

It is expected that the recent and sudden changes within the "Coordination Committee" will disrupt the latter's efforts to launch negotiations with the remainder of the tripartite alliance.

After obtaining the compensatory seats (following the Sadrists' resignation), the coordinating framework has about 170 seats within what is known as “national stability.”

This group includes the "Coordination" 130 seats, the National Union 20 seats, Azm 13 seats after the accession of Ahmed al-Jubouri (Abu Mazen), and 4 seats for Christians.

This number puts the "frameworkers" in the previous dilemma facing the Triple Alliance, as the former must obtain at least 220 seats to ensure the passage of the President of the Republic.

This predicament was made by the coordination framework when it extracted, last March, a decision of the Federal Court, which interpreted the quorum of the selection session (the president) as requiring at least two-thirds of Parliament.

However, there are new indications that may lead to a retraction of the "federal" from the famous decision that obstructed the formation of the government so far.

The Judicial Council recently published a comment on the US Supreme Court's reversal of a previous decision more than 40 years ago on the "right to abortion," and considered the reversal of the decisions an "internationally approved" context.

Until then, the "Coordination Committee" is required to convince the remainder of the Triple Alliance (about 100 seats), in addition to the "neutral" category of independents and emerging powers whose seats exceed 40 before proceeding with the formation of the government.

Sources within the coordination framework confirmed to (Al-Mada) that “parties in the framework wished that the demands of the leader of the movement would be addressed and not reach the point of non-return chosen by al-Sadr and enter into the crisis of collecting seats or waiting for the Federal Court to abandon the two-thirds quorum.”

Those sources indicate that "Iran asked the leader of the movement to postpone his ambition and plan to form a majority government for one or two future sessions."

A few days ago, a newspaper affiliated with Hezbollah in Lebanon indicated, after alternative representatives were sworn in, that Iran had directly managed to correct the "deviation" in Iraq.

But the leader of the Sadrist movement, said last week, Iran «this time did not exercise any pressure on any Shiite party».

Whether or not Iran forced al-Sadr to leave the political scene, the withdrawal of his deputies from Parliament constituted a new crisis, especially for the Shiite forces.

Abd al-Salam Barwari, a member of the Kurdistan Democratic Party, told Al-Mada that "the coordinating framework is still afraid of forming a government in the absence of al-Sadr."

The Coordinator had met once with the Democratic Party after "al-Sadr's retirement," before the emergency session that took place last week.

And about the progress of the understandings, Berwari adds: "If the framework had the real ability to form a government, it would have started now to form a committee and a strong negotiating paper, but this has not happened so far."

It seems that the coordinating framework tried to ensure obtaining a quorum for the last session of parliament, to send messages to the Kurdish party that it agreed to the conditions, but it seemed without "guarantees."

Berwari, a former member of the Kurdistan Parliament, continues: "There are no guarantees with forces that do not believe in the region and federalism. Even the constitution and the Federal Court have been violated several times."

A former deputy from the Sadrist movement, warned a few days ago of the (range) of the possibility of «withdrawing the coordinating framework of his pledges after the formation of the government or the President of the Republic».

The deputy, who asked not to be named, added that "the framework needs the President of the Republic only 10 minutes to announce the name of the person in charge of forming the government, and then they can dispense with his services."

A senior Kurdish official said, after the negotiations that preceded the swearing-in session for the alternate deputies, that an agreement had been made with the coordinating framework on "settling oil disputes" and "withdrawing the factions" from the vicinity of Kurdistan.

But these statements came before the escalation of attacks on oil sites inside and on the borders of the region, which eventually led to the suspension of one of the Emirati companies operating there.

These events complicated the problems within the "coordinating framework" that is facing a "dissension" that appeared at the last meeting held in Baghdad last Monday evening, in the absence of 4 major leaders, including Hadi al-Amiri, the leader of Al-Fateh, and Ammar al-Hakim, the leader of wisdom.

And now a group within the «Coordination» sees that an interim government (a year or two) paves the way for early elections for fear of the Sadrists moving against them.

On the other hand, Nuri al-Maliki, the leader of the State of Law coalition, according to sources from within the "Coordination Committee", turned against everyone and began to dominate the group's decisions.

New hit!

Hours after the Shiite group and its allies announced the formation of the largest bloc and called for launching dialogues for the Kurds' agreement on the president of the republic, al-Sadr dealt a new blow to the "coordination".

The leader of the Sadrist movement, Barham Salih, accused the President of the Republic of having "normalization" tendencies with Israel, due to his failure to sign the law criminalizing "normalization", which Al-Sadr was enthusiastic about.

A presidential statement defended Saleh, saying that he believed in the Palestinian cause, but it was expected that the "accusation of Al-Sadr" would cause embarrassment to the Shiites in the "coordinating framework."

At the last meeting in Baghdad in the presence of the Patriotic Union of Kurdistan, Al-Attar had agreed, in a statement broadcast to the media, to vote for the Union's candidate, Barham Salih, if the latter party did not agree with the Democratic Party on another candidate.

Finally, Barham bid farewell to the last," said Arafat Karam, the official in charge of the Iraqi file at the headquarters of the head of the Democratic Party, Massoud Barzani, commenting on the president's crisis. LINK

More News, Rumors and Opinions Thursday Afternoon 6-30-2022

Emailed to Recaps:

To all my friends out there who know what’s really going on…

To all my conspiracy theorist friends…

Yes, sometimes it’s a curse and not always a blessing to be awake.

Awakening is the most liberating, alienating, excruciating, empowering, lonely, confusing, freeing, frightening, expansive journey.

If you find yourself struggling as you try to process all this insanity, you are not alone.

No one talks about the darkness that accompanies awakening, or the GRIEF. Not only grieving the life and illusions you once had but the realization that almost everything you thought you once knew, is a LIE.

The beliefs you’ve held, people you’ve trusted, principles you were taught- ALL LIES.

Shattering illusions is RARELY an enjoyable experience.

There is a considerable amount of discomfort that comes with growth and the grieving process doesn’t stop there.

With these newfound realizations, you then find yourself grieving all over again.

Grieving the loss of many relationships with people who just don’t “get it”.

Feeling alone; being ridiculed and shamed, not only by the masses but for many of you, your very own family and friends too.

Feeling like you no longer have much in common with the people you are surrounded by.

Struggling with carrying on bullshit, shallow conversations that lack substance with those who are still fast asleep.

Even feeling disconnected from your entire support system because they can’t see what you see.

Some even grieve the loss of their ignorance- because “ignorance is bliss” and reality is harsh.

Awakening can be a lonely road and you will often find yourself journeying alone.

There is no way to sugarcoat it- Awakening to the realities of this world is brutal.

It will have you running through the entire gamut of human emotions.

You have to master the art of diving down the darkest of rabbit holes only to come out and still function in daily life, and that’s a skill people don’t talk about enough.

Some of you are struggling with feeling disconnected from family and friends, it’s as though they exist in another world.

Please know you are not alone, and not only are you not alone, you have an entire tribe standing with you.

We may be separated by miles, but we are DEEPLY connected; in purpose and in spirit.

- Author unknown.

***************

Courtesy of Dinar Guru

Frank26  Article:   "A government advisor sets the date for sending the 2022-2023 budgets from the government to Parliament"   THE EXCHANGE RATE DOES NOT HAVE TO WAIT UNTIL OCTOBER... IT IS THE BUDGET THAT AWAITS...'A NEW WORLD RATE'!

Militiaman  Article:  "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons"  Now we finally see that 30-40 tonnes of gold show up they found on the Syrian Border..?  Why now are they telling us this now? Well, they have far more reserves now that ever needed for to support the new exchange rate change.

STOCKS SET TO DROP. Pan-Selloff. Important Updates. Markets, Gold, Silver, Bitcoin, MORE!

Greg Mannarino:  6-30-2022

https://www.youtube.com/watch?v=PBeEpEmDvYU

Lynette Zang: 

Global "Elite" Quaking In Their Boots and Fear A Loss of Power

The World Economic Forum’s latest report discusses the global economy's growing risk: Stagflation, which is a slowing economy with rising prices.

They talk about it going back to the 70s, but what they don't talk about, is what was really happening in the 70s?

Protect your wealth from the growing economic risk and threats to our financial system.

https://www.youtube.com/watch?v=0v385m4kYlc

"How Iraq's and Kuwait's Revaluations Are More Similiar Than Not" by Fuze at TNT

Thank you Fuse!

TNT:

Fuze:  How Iraq's and Kuwait's Revaluations are more Simular than not. AN UPDATE with Inflation rates.

Critics of an Iraq and Kuwait currency reinstatement comparison, have long pointed to the immutable fact that Kuwait was a State of the Art modern part monarchy and part democratic country before it was ravaged by war, and Iraq was the opposite before and after its wars; so you can't compare the two.

However, that argument is not altogether conclusive proof that Iraq can't revalue anytime soon, due to its current political circumstance.

Keep in mind although Iraq was a dictatorship and was in great need of reforms before it started invading its neighbors in particular Kuwait, Iraq still had one of the highest valued currencies in the world and was exchangeable here in the US! 

Furthermore, check out these much published but little considered facts regarding the circumstances in Kuwait when Kuwait central bank reinstated and revalued its currency. 

We all know about Kuwait's limited utilities like little running water and very few lights in the country when on March 25th, 1991 the NY Times reported Kuwait had revalued its currency by candlelight back to the highest in the world. However, most of us have not researched the other political, societal, and economical circumstances surrounding Kuwait's revaluation.

1. Did you know the Kuwaiti Crown Prince 2nd in Charge of the Government along with the Government's 22 cabinet ministers did not arrive back in Kuwait until March 5th a mere 20 days before they Revalued their Currency? 

2. Did you know the Emir Sheikh Jabah the number 1 ruler did not return to Kuwait after 8 months of sheltering in Saudi Arabia until March 15th, 1991 a mere 10 days before the revaluation of their currency?

3. Did you know that a vast amount of the Government workers and administrators of the Kuwaiti Government agencies before the invasion were from Pakistan, Jordan, and other countries in the middle east and they NEVER Returned after the liberation of Kuwait. Talking about instability!

4. Did you know that a large number of the surviving population, were protesting in March 1991 for a FULL DEMOCRACY? They felt abandoned by the ruling family and its Government for 8 months after they had been subjugated by the invading Iraqis to unmentionable horrors?

Did you know that 700 Kuwaiti Oil wells were still burning after being set on fire by the retreating Iraqi army and the last oil well was not extinguished until November 6, 1991!

So they not only revalued their currency by candlelight they did it under a dark sky filled with toxic fumes and a devastated economy!

Speaking of Kuwait's economy, Kuwait's inflation rate in 1990 rose ironically to 6.49% as a direct consequence of the invasion. Iraq's inflation has risen to 6.89% today as a consequence of the currency rate reduction in 2020 and the War in Ukraine.

 The point is Kuwait's inflation rate in 1991 when they revalued almost exactly what Iraq's inflation rate is today! Even a first-year economic major knows that increasing purchasing power and decreasing the money supply is a control mechanism for inflation.      

The point I'm making is they revalued their currency in very unfavorable conditions socially, politically, environmentally, and economically. They needed to rebuild their country and understood the basic premise "you reestablish your currency FIRST, then rebuild your country".

I hope this helps with some of the doubts expressed by some.

By the way, all of these facts are available online if one is truly interested.

Enjoy and stay positive.

FUZE

From Recaps Archives:

NY TIMES (Kuwait RV): Published: March 25, 1991

It still has no water and little electricity or food, but Kuwait revived its banking system today, introducing a new currency......Banks reopened for the first time since Iraqi occupation forces shut them down in December. Thousands of people lined up to exchange their old Kuwaiti dinars for crisp new ones and to withdraw a limited amount of money.....

The Central Bank is canceling the value of Kuwaiti dinars that were seized from the Central Bank and put into circulation by the Iraqis. The invalid serial numbers were posted today in front of all banks in the city....All other old dinars can be exchanged for new ones on a one-to-one rate until May 7, when the old dinars become invalid.

The new official exchange rate is 3.47 American dollars for one new Kuwaiti dinar.

http://www.nytimes.com/1991/03/25/world/after-the-war-no-electricity-but-kuwait-reopens-its-banks.html

 From March 18, 1975 to January 4, 2003 the dinar was pegged to a weighted currency basket. From January 5, 2003 until May 20, 2007, the pegging was switched to 1 U.S. dollar = 0.29963 dinar with margins of ±3.5%.[2] The central rate translates to approximately 1 dinar = 3.33745 dollars. From June 16, 2007, the Kuwaiti dinar was re-pegged to a basket of currencies,[3] and is now worth about US$3.609 (€2.686). It is the world's highest-valued currency unit

Markz and Special Guest Thursday Chat....6-30-2022

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member:  Good morning everyone hope everybody’s going to have a great day I’m looking for this weekend to end all this bull stuff

Member: Lots of interesting intel pointing to some things hitting today and over the next 10 days

Member: Will it be a champagne weekend?

MZ:I have not seen an update in timing..…but most of my folks are looking for something spectacular to happen the first week in July.

MZ: I hope that is accurate as I am salty about June 30th where we don’t have an RV yet. 

MZ: Repeating this article from last night from their national news on their televisions….“ Financial advisor Mazzar Muhammid Salih surprised the Iraqis about the possibility of changing or reducing the exchange rate of the dollar against the dinar”   This means the dinar gains value.

MZ: They also said just the day before that they needed 100 signatures from parliamentary members to address the value…and I believe they got those signatures.

MZ: They are talking about changing the rate nonstop over there guys. And the need to change the value.  We have not seen them change the value yet…but, they are having that conversation regularly.

Member: Iraq better do something quick… oil is going to crash

Member:  Iraq has been talking about revaluing their Dinar for 18 years.

MZ: The morning before Kuwait revalued they ran a piece in their papers that said they were 6 months to 3 years away from RV. That they were going to monitor it.  But, they let people know it was coming even though they thought it was 6 months to 3 years away…..then it was released that day…..

MZ: In Iraq they are having open conversations with their people and in their parliament about this... with the IMF the US, ect….this is exceptional news.  We just need to buckle up and hold on through these final days.

Member: it’s happening guys…its jut a slow roll out.

Member: Do not mistake quiet for inaction.

MZ: Exactly. They are taking a “measured” approach for finishing this thing.

MZ: No fresh bond news and even redemption centers do not have an update for me today yet. Hopefully there will be an update by tomorrow morning.

Member: Do you still think it will happen this year with iraq?

MZ: I do think it will happen this year with iraq.

Member: Charlie said that the contracts, for paymasters, for bonds came back, were investigated (the paymasters) and found to be fraudulent. Must be effecting us.

Member: Hey Mark does Vietnam have to wait for Iraq to rv, or can they go on their own?

MZ:  they could go on their own. They would just have to go at a lower value than they would like but still could make a substantial change whenever.

Member: The Russian currency is witnessing an increase against the American and European currencies, and during today's trading, the dollar was trading below the level of 51 rubles, first time since May 2015

MZ: And BRICS is making all kind of moves toward sound, asset backed money this week…and a new communications system to handle those transactions…completely bypassing the SWIFT system altogether. ..part of the deal now if you want to join BRICS …..they are saying they have to have sound money.. so much has happened this week. We have seen more progress this week then we have in the last 10 years on this front.

Member: is Zim now gold backed?

MZ: That was another big thing that happened this week….Zimbabwe has actually issued gold coins in regular circulation to uphold their currency. To me this is very interesting….the currency is propped by their coins. These coins are physical gold. Not backed by where the keep the physical gold in a vault….these coins are gold and in circulation and at the current value….this will fix their paper currency and it will gain value as the gold coins gain value. ….. .Zimbabwes move on this is huge.

Member: So The Zim is now gold backed?

MZ: Not yet….They will have the gold coins out this year. It’s a strange hybrid way of backing it. But it makes sense. It’s almost brilliant they get to back their currency with their coins. It will be interesting to see how this plays out.

Member: DOW is down 531 and dropping

Member: Dow being down a few hundred is meaningless it was down 3k last week and bounced back

Member: What number does the market need to hit to be considered crash?

Member: A double-digit decline is considered a market crash.

Member: Mark??? I’ve been told that we have to have two forms of picture ID to go to our appointments is this true. Because most people only have one picture ID do we need a passport also? Hope to hear

Member: Mark said to take what you would need to open any bank account in your area…so call your bank and find out what you need to take to open an account…..it won’t be complicated. .

Member:  Remember the last line in the first Matrix film. The narrator says, "You can't get out, unless you know the codes."

Member: Start Manifesting...the Law of Attraction. Feel like it's happened already!

Member: You believe it and you dont put a time demand on it...just Believe and know

Member: Peace and Prosperity, Love and Unity, Equality and Abundance in a World where all creations are successful as everything is done for the highest good of all.

Member: I believe this is it this weekend Had feeling all year 4th of July is it

Member:  Mark Thanks as always for all the latest news & RV updates you are bringing to this community.

Andy at Miles Franklin joins the stream about 11 AM est. today…….please watch the replay for all of their information on metals, protecting wealth and more…….

MILES FRANKLIN..PRECIOUS METALS INVESTMENTS..https://www.milesfranklin.com/

THIS CALL IS FOR GENERAL INFORMATION, ENTERTAINMENT AND EDUCATIONAL PURPOSES ONLY . "NOT INTENDED TO PROVIDE ANY PROFESSIONAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.

OKIE HAS ONGOING SERIOUS HEALTH ISSUES. OUR COMMUNITY IS THE ONLY HELP HE CURRENTLY HAS - HELP IF YOU CAN- THIS IS THE ONLY LINK TO SUPPORT OKIE.  https://www.paypal.com/paypalme/SeedsofWisdomTeam

OKIE is still very ill and needs our help. Salty has a NEW SOW Humanitarian Fund account just for Okie Every penny goes to Okie to help with Medical costs. Here it is: http://paypal.me/OkieTeam

No Paypal acct needed on this link: https://www.paypal.com/donate?hosted_button_id=J6BM9Z7ZU5RDW

The next stream is tonight at 7 pm est….unless

MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.

THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE

MZ: Zim payouts I hear may be traunched…..a structured payout over time…….What is a traunch?   https://www.investopedia.com/terms/t/traunch.asp

MZ:  JFK Secret Societies Speech in case we forgot   https://www.youtube.com/watch?v=ItOPg2l7-t0

JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401

Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html

MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y

Mod:  Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME

MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road

You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate

IF THE INTERNET GOES DOWN MARKZ NEW NUMBER Emergency number (712) 770-5028 Code:648989 Playback number (712) 770-5066

Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz

MARKZ and SALTY TOES have worked hard to build a COMMUNITY that people can trust.  You can connect with MarkZ at The Seeds of Wisdom Team Community and website.  Just visit the Seeds of Wisdom Team Website, join the Seeds of Wisdom Telegram Community, and Subscribe to receive email updates. https://seedsofwisdomteam.com/

Follow Mark on odysee ( formerly known as library) at https://odysee.com/@theoriginalmarkz:e

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=E2GoIYoRhyk

News, Rumors and Opinions Thursday AM 6-30-2022

KTFA: 

Samson:  US Treasury freezes $330 billion in Russian assets

29th June, 2022

The US Treasury announced, on Wednesday, the freezing of Russian assets worth $330 billion, since the start of the war in Ukraine.

In this context, the President of the Russian Central Bank, Elvira Nabiullina, hinted that the financial regulator (the Russian Central) may continue to cut the key interest rate, but of course the situation here is very volatile.

Russian Finance Minister Antonsiluanov said that the ministries of Finance and Economic Development are ready to lose part of the budget funds for the year 2022 to stabilize the ruble exchange rate.

The Russian currency is witnessing an increase against the American and European currencies, and during today's trading, the dollar was trading below the level of 51 rubles, for the first time since May 2015.  LINK

**************

Samson:  Russia is looking for buyers of gold to counter US sanctions

29th June, 2022

Russia will look to export gold to other countries after the United States banned Russian gold imports, the official TASS news agency reported, citing Russian Deputy Foreign Minister Sergei Ryabkov as saying on Wednesday.

The United States on Tuesday imposed sanctions on more than 100 targets in Russia and banned new imports of Russian gold, fulfilling commitments made this week by Group of Seven leaders to punish Russia for its invasion of Ukraine.

The British government said last Sunday that it, along with the United States, Japan and Canada, would ban any new imports of Russian gold as part of measures aimed at punishing Moscow.   LINK

**************

Courtesy of Dinar Guru

Frank26  [Iraq boots-on-the-ground TV report] FIREFLY:  Had a spokesman on the news giving explanation saying these new ATMs have the capability to take the money and do instant calculations on whatever the rates may be set at. For example only machines can handle floats of currency rates and give back the exact amounts for transactions at the currency rate of transaction...they are educating all of us... [Post 1 of 2....stay tuned]

Frank26   FRANK:  ...The Iraqi citizens are aware...why do you think the ATMs can instantly do calculations?  ...Because the Iraqi dinar is going to float...Brilliant!  As it continues to float up in value the citizens are not losing any money...when they withdraw from the ATMs.  Wow that's pretty good.  They are explaining to the citizens what these machines will do....   [Post 2 of 2]

**************

ALERT! July Silver Deliveries WON'T be On the COMEX...Only Off Exchange Deliveries Now! (Bix Weir)

6-29-2022

July is a delivery month for Silver but it's shaping up to be a 100% dud...but what's happening in the OTC Silver markets...PLENTY!

https://www.youtube.com/watch?v=BTdXlzlSplA

The Financial Reset is Picking Up Steam | Your Questions Answered

Lynette Zang and Eric Griffin :  6-29-2022

Viewer Questions: Question

1: 0:58 Where will the liquidity come from during a market melt-up?

Question 2: 2:05 When the market crashes, how long until a recovery?

Question 3: 4:42 You often mention that we are in the beginning stage of a financial reset. As someone who believes there is no other alternative other than that, can you tell me/us what visible signs there will be as this begins to pick up steam?

Question 4: 13:15 Do old debts really matter in a global monetary reset?

Question 5: 14:59 Why do people believe in central banks if they want our plight?

https://www.youtube.com/watch?v=KIVUbUiWrvo