"The Fed Has Permanently Distorted the World" Dr. Nomi Prins

Dr. Nomi Prins: The Fed has Permanently Distorted the World

Palisades Gold Radio:  9-30-2022

Tom welcomes economist and author Dr. Nomi Prins to the show. Nomi explains how central banks are adversely affecting everyone on the planet. The Fed is the mothership in this global policy structure. Tensions are building between the United States and China, particularly around monetary policy. Since the financial crisis of 2008 the Fed has blown out their balance sheets with monetary easing.

China had a similar policy, but they channeled that monetary energy into building up the country. As a result, they had significant growth, while in the United States the economy staggered.

She explains how financial markets have become permanently distorted due to a move away from real economics. When there is a crisis, we will once again double the size of the balance sheet to resolve the problem.

This has become a permanent policy because there is no going back. The Fed admits that it would take at least five years to begin to lower their balance sheet. Money remains easily obtainable to the financial system, but it doesn't provide true follow through to the real economy.

She notes that central banks exercise a huge amount of control and power over the economic system. Jerome Powell can move markets, and amounts to a remarkable amount of power. Emerging markets and other central banks end up forced to follow the policies of the Federal Reserve. The majority of them follow closely on the actions of the Fed.

The stronger the U.S. dollar, the harder it is on other fiat currencies.

Central banks do collude to achieve specific goals, and they are rarely transparent about it. At a fundamental level, the system is too complex to go back, and the result is an economic system that is becoming increasingly volatile. The economy really hasn't grown for the last decade. We would have had a series of major corrections if it wasn't for the continuous intervention.

Powell doesn't talk much about what is occurring outside the United States. Major countries like Japan and the U.K. are having to intervene to support their currencies.

The Fed seems to more concerned about what the markets think than the problems of other countries. Europe is already having an economic crisis impacting both industry and citizens alike due to costs of energy.

We're already seeing companies close or reduce hours, and there is no reason to believe that will change anytime soon. The conversation about energy and fuel prices is occurring everywhere in Europe.

Time Stamp References:

0:00 - Introduction

0:46 - Financial Conditions

1:53 - Monetary Restraint

4:50 - Permanent Distortions

9:22 - Monetary Power

11:40 - Following Suit

13:57 - Banking Collusion

19:45 - They Don't Care

21:42 - Increasing Volatility

24:45 - Marginal Utility

29:05 - Feds Inflation Talk

33:52 - Yen & Pound Interventions

38:00 - Energy & Europe

41:12 - Wrap Up

Talking Points From This Episode

- Why there is no going back for the Fed, and its economic policies.

 - Impacts of a higher dollar on emerging economies and other currencies.

- Europe's already severe energy crisis and why the economic impacts will only worsen.

https://www.youtube.com/watch?v=50VyPIBquuQ

Friday Evening News With MarkZ 9-30-2022

Friday Evening News with MarkZ 09/30/2022

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 evening everyone…..welcome to another weekend of waiting.

Member: Board of governors of the Federal reserve just announced a emergency meeting on Monday morning!! Have a wonderful weekend!!!

Member: Everything starts next week. CBI satellite banks open next week. No reason to stress. it's happening.

MZ: Was a quiet day but there is great chatter from groups that they have expectations for this evening through Tuesday morning for money to be liquid in accounts. We have heard this before but cross your fingers.

MZ: There is constant chatter from Europe and also Reno and Miami that I am getting this from. They have great expectations for the next 3 days. Many rumors that money will start to flow heavily

MZ: We have an emergency Fed meeting …a closed door meeting that has been called for the Board of Governors Monday Morning. At 11:30 AM Oct. 3rd in Washington DC.  They are obviously hoping to pull something out of their hats…..This is an emergency meeting.  I think it could be pretty important for us.

Member: I would like to be a fly on that wall…

MZ: So would I

MZ: it’s been quiet in Iraq. I think they have done a very good job shutting everybody up.

Member: Nick Fleming did not have intel tonight - told to be quiet!

MZ: Many are being quiet.

Member: I still think no news is good news.

Member: I would rather have a cheddar burger than a chatter burger…lol

Member: Phil Godlewski last night said the RV has definitely begun, & we will finish Redemption at end of October.

Member: Not there yet? Thought market was gonna crash today. Disappointed

MZ: The DOW tanked -500

Member: 500 down is a good thing. been wondering what defines a crash?

Member: they said when the market drops to 7% or below they will temporarily shut down I don’t know what the number is

Member: thought a crash was 20.000

MZ: “The Dow closes on the worst September in 20 years. Stocks plunge as bear market roars.” I think we are backed into the proper corner now…England is already throwing in the towel with quantitative easing instead of tightening. I think it is time for them to go ahead and pull the trigger. I think that is what the Fed’s emergency meeting is on Monday.

Member: India banking holidays for 21 days.

MZ: I am hearing that some banks in Europe are planning to close for 20 days of holidays. Is that usual? I know they take longer breaks than in the Us but did not think 20 days is a standard thing???

MZ: Form Markets insider:” China tells state banks to prepare for a massive dollar dump on yuan buying spree as Beijing’s prior interventions failed to stem its currencies worst year since 1994” So we also see a financial meltdown occurring in China as well.

Member: Do you know how many redemption centers are in Canada?

MZ: I don’t know the exact number but there will be plenty. You will not have to search hard.

Member: Does anyone know why the RV has to go hand in hand with Nesara? When Kuwait revalued, nesara didn't happen.

​Member:  I hope this happens soon. I'm so burnt out and tired

Member: Ok white hats, lets hit the launch button on the RV please

MZ: pray this thing forward…..God’s got this…..we are going to see it.

Member: We are at the Threshold....it's coming....Thank God!

Member: Mark- Huge thanks as always for all you bring to this community.

For SNL fans. THERE WILL BE A SATURDAY NIGHT LIVE CALL THIS WEEK with Blondie, Snake, Bernie, and Bob Lock answering questions on TRUSTs and RV. Sat 9pm EST... https://t.me/+TESefeLIf1k2ZTJh

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.

 MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

The next stream is tomorrow at 10Am est……..unless

MARK IS HAVING A SPECIAL W&W TONIGHT! ENJOY! 8 pm est.

https://www.youtube.com/watch?v=RfCzg1ttddQ

Bruce’s Big Call Intel Thursday Night 9-29-22

Bruce’s Big Call Intel Thursday Night 9-29-22

Transcribed By WiserNow  Emailed To Recaps

Welcome, everybody to the big call - this is Thursday September 29th and you're listening to the big call.

We're missing Bob. A lot tonight as we did on Tuesday night. He had an evacuation that was mandatory and he's in a safe place.

We welcome everybody listening wherever you are listening from whether it's in the United States or outside somewhere anywhere else around the globe. We're excited that we have an audience that can hear us from long, far, far away. And I think because of that we're a smaller community in a smarter world, smaller world as a result of that. So glad to hear that

I'm going to do a little Intel segment and then we'll pray the call out. Okay. So this is where we stand right now, guys. I think the storm may have slowed us down a few days, to be honest –

The storm - Initially we didn't hear that that's what it was or what's going to happen. We had bondholders prepared their emails yesterday morning, - yesterday morning  what did happen - that Wednesday morning - was the paymasters of the bondholders did receive their emails at 5am in the morning, yesterday, giving them authorization to pay the individual bondholders or bond sellers and send them emails which we expected could have been as early as today. Now, they didn't get those emails - as far as we know yet.

I've heard evidence of one's gotten emails and they have the codes to put in that they still don't have access to funds.

So maybe those emails did go out. And those codes have been entered, but the banks are holding back on the funds because they don't have authorization to release yet.

That's probably the best way we can read that.

Now, what are we hearing as a result of that bond activity? We've got 2 major sources, one was military and one was treasury. Today, they were telling us almost the same thing. Treasury was telling us to look for our notifications and start our exchanges in the next three days. Meaning Friday, Saturday or Sunday

Now listen if we get notified – if it’s Sunday, which is the second of October, probably we would start on Monday. Right? But if we get notified early enough - like before noon, we could start Friday afternoon - Evening.

If we got notified Friday after four, there's always that stock market closing at four Eastern and we got notified after four we could be setting appointments for Saturday if we get notified Saturday - we could go Saturday. You know what I mean? We could go on the same day, depending on how early in the day the notifications - meaning the emails with the toll free number would come out.

So the whole thing is predicated on when Wells Fargo is going to release the emails that they have and it’s quite a few – like 2 million emails will go out for those that they have emails for

what we're trying to do on the Big Call, is take care of people who don't have email for and put the toll free number on the landing page of our website, the big call universe.com and then for those that are registered on big call universe.com they would get an email sent out with as soon as we can release those - with the toll free number in that email so that they could have that and they could go ahead and set the appointment that way.

Obviously, if you saw it on the web site landing page, you'd write it down and you're good to go. You could set your appointment that way –

Now, they've got call centers remember four regional call centers across the country. And they will be taking your calls and giving you if you're a zim holder, you'll get another number that you will call and take you directly to the redemption Center - in the zip code that you indicate when you're asked to enter your zip code for the area in which you would like to exchange. It might be your own zip code. It might be a zip code where you work, or it could be one that you know has an exchange center close.

Okay, either way, we'll enter that and then you'll be good to go. But you'll probably end up speaking to an individual when you dial that second number. you'll talk to an individual that will most likely be helping you at the redemption center - depending on the time that you set appointment for it because a lot of redemption centers are working 16 - 18 to 19 hours - when we get started there'll be long hours at least first several days. and you know, they will be working three shifts at least -  3 shifts of people working six to seven hour days with some overlap to between shifts.

So, that's from Treasury - Military source is saying tomorrow or Saturday - didn't mention Sunday - but we got a call from some of the sources if we don't have it by 11:30 in the morning

Now that doesn’t do you any good because this is the last call that we do this week. We would pick it up Tuesday if and only if we don’t have numbers and haven’t d started moving forward with our exchanges  which could possibly happen Friday Saturday or Sunday  - the next 3 days

So the other point I want to make is that a lot of banks that Chase banks are reducing their branches overall the country by about 42.3%. They're reducing closing branches. There's not gonna be quite the need for as many bank branches. In all banks, you're gonna see it for many of the banks. In the case of Wells Fargo and HSBC -they're taking 60% of their branches and turning them into wealth management offices.

Ok - 60% of Wells Fargo branches and HSBC branches will be turned into wealth management offices for high net worth people like us - to be – okay - so that the change is going to take place - and so much more of a banking now is going to be online without the use of the branch - you know – to help you -

You can already move money through Zillow on a lot of the big banks have that already set up. you can do that without having to go in and spend $35 on a bank wire - give me a break -- so the banks are gonna be losing a huge revenue source domestic bank wire $35 bucks - or international wire $50? that's good revenue for the bank. So they say sayonara to that revenue stream. That’s gone! That's why so many of the branches are going to close – Now that's all good – that’s a good thing

We're going to be able to move right into this new paradigm - this digital banking world and have digital USN in our in our quantum accounts, I call it quantum because the quantum financial system will have the bulk of our bonds deposited in a non interest bearing quantum account where it's completely backed by the United States Treasury by the assets that are backing our currency - you say – well what are those assets? Take a look 100% of our assets - 50% of those assets are gold. The other 50% represent other precious metals like silver – palladium – platinum - includes also oil - natural gas - intellectual property - and so on - other assets that make up the total that backs up our currency. The half of our - 50% of those assets are gold.

So that's something to kind of bring you up to speed on that. Other countries have different percentages – some countries maybe 100% backed by gold .

Okay, the BRICS nations move on really quickly, and there are quite a few countries that are aligned with the BRICS nations. I believe we had a total of 100 and what was it last time 30 or might have been more countries that were aligned with the BRICS and that have already been deemed as asset backed.

So our accounts as we currently have, what we have in the banks now are backed by the USN digitally and they are USN accounts. They are backed by the US Treasury and by the gold and the other assets we have in Treasury. And believe me, our treasury is loaded, they picked up a bunch of through all of this pick up and drop off - clean up on aisle 3 – they picked up enough assets that were seized - So I mean they seized a lot of things - they seized bonds, they seized other currencies and so on that nefarious sites had, and they were right to do that.

So we don't worry about that. We get the money to pay off the national debt. Are you kidding? The national debt is chump change, and it's also part of the old USA Inc anyway, so it's not even an issue, but it's a blink of an eye. So don't worry about that. There’s plenty of money coming from the Rodrigues Trust - the St. Germain trusts other accounts that have already funded the bondholders and us - we are ready to go in terms of that

The other thing is let's see what day this was. This was Saturday, I believe redemption centers – might have been later -  could have been Last Monday yep last Monday -  redemption centers had the new items including our new currency that they were putting out and they were making available - and also the information  and paperwork they needed to redeem the bonds that are gonna be coming in - other than the Zim bonds that we have and the other sheet bonds – yellow dragon - railroad bonds - all of those things that they're able to do that at the redemption centers -

Okay, and they already know a lot of the people that have bonds and the appointment for the bond holders if you have a sheet bond like a yellow dragon bond or red dragon bonds - railroad bonds or this or that bond you are going to have about an hour to an hour and 15 mins appointment – It takes a little while to go through the provenance - where the bonds came from, who owns them, how did you get them blah, blah, blah. All of that takes time to go through.

Those of us who have Zim and other currencies - they're looking to take care of us in about 35 to 45 minutes. Max. This is not a time where we're going to chat and chat it up and drink coffee and sit around – it’s just not that - it is an in and out  Get in do your exchange – make your 5 – 8 minute presentation and get out of there.

You should have – If I understand the process we’re going to have a card = now we might not get this card on day one – but we will get a what I call a quantum account access card – that sounds bad -

But we will get what I call a quantum account access card. Let's just call it an access card. Okay, that card is about three times the thickness of a normal credit card.

And it's made of titanium. It has three chips in it - one chip is a biometric fingerprint - so that when you use your biometric fingerprint reader that is put into that chip so that nobody else but you can use the card, okay. And it's designed for you to see your quantum account which is held by the treasury in the quantum computer – no banker can see it

The only banker that is going to see it is if you show it to them – if you have a screen and say hey, look at my account, but no you are not going to do that - but they go pull up your account  let’s say on a normal Wells Fargo account screen - They're not gonna see your quantum account. They may know that you have a currency exchange and got zillions of dollars in your primary account. But you know, initially you're supposed to put up to 1% of your total exchange in your Wells Fargo primary account – that will draw interest – and it’s a nice interest rate -

Okay, so that's cool now how much can you put into that primary account. I know you can put up to 1% - Now maybe more maybe less – but it will be a lot if you are a zim holder but regardless of how much 1% is it is a lot of money   

So they're gonna give us that for first I believe is 60 days - might be six months that you have that much to work with for your projects, and your personal life. Okay, they know you're gonna upgrade your cars and your home and all that good stuff. Okay, and buying some things but  for your project stuff you will be able to pull funds in from your quantum account as needed into your primary account - this is just what I'm gonna do. I'm gonna start with that primary account Wells Fargo and I have four LLCs set up-

I’m going to have separate accounts tied to so I have an account for re build America - I have one for the veterans retreat network one for the pastorial retreat – and one account for rebuild the Bahamas and rebuild Haiti and Dominica Republic  - I've been doing it that way. And that's just a suggestion.. So when I need funds in a LLC account, guess what? I go to the primary Wells account and transfer money into it –

Are you are you ready for that opportunity and presentation? To be approved by the administrator? Do you have a bonafide project presentation? Ready to go? You've read it and you're ready- Are you ready?

Now do we want these numbers to come out? Yes!!  Was it supposed to happen by the end of the month? Which by the way is tomorrow -  yes –

Are we supposed to start by tomorrow or the first of October which is Saturday? Yes

Let's hope that's exactly what happened. I know from a clean up on aisle three perspective, I can tell you. We had major arrests going on in Dallas Fort Worth, last night and today - We had arrest prior to the hurricane and even after the hurricane in Florida. Yes.

What I'm being told is the coast is clear - they have enough of the people that they needed to arrest picked up - so this can go forward. Ok I am going to hold them to that - I hope we all do. And we're looking forward to getting this thing going. Good God we're in Fall already. It's been a long time - 11 years on the big call. I think it's time to get started with our projects and humanitarian ways don’t you?

I know we don't need to have the blessing in a in a virtual sense. I know we can get started with what we have now. But it's a totally different ballgame when we've got this blessing, which allows us to do things that we never ever thought were possible before. Well, now the impossible has become possible

We're gonna do it. I want any of you guys in Florida - If you're Zim holders, especially to partner with us on rebuild America, city or town or community where you live, start there. I'll bet you instead of having 100 people, you know, in Florida, which I was looking to have, like 100 people X 50 states that we might have more like three or 400 in Florida, right? I don't know guys I don't know.

We can knock it out we can be absolutely do the very best rebuild job on Florida using solid concrete reinforced materials - using metal roofs with tie downs. – we can use Virtual hurricane proof windows, we can foam insulation. I mean, these things can be tight and strong on strong foundations. I say if we're gonna build it, let's build it to last,

 You guys can help us do it. That's what I was like. I want us to pray and stay close and stay here for Florida and the rest of the coastline wherever this hurricane Ian find this tracks up north of Florida into Georgia – South Carolina - North Carolina, Virginia etc - . Just track it up, watch it, pray for those areas – pray for the people in those areas, and that's what I'm going to do is watch the storm move forward a little bit. Okay. So that's what we’re doing no call until Tuesday if we don't have numbers - if we have numbers there won't be a call.

Bruce’s Big Call REPLAY LINK     Intel Begins  1:03:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FR68y

King Charles III coronation: When is he officially crowned and what happens next?

King Charles III coronation: When is he officially crowned and what happens next?

Amira Arasteh    Thu, September 29

Following the death of Queen Elizabeth II, her eldest son ascended the throne to become King Charles III.  The late Queen reigned for 70 years, having celebrated her Platinum Jubilee in June 2022, meaning she was the only monarch many people in Britain have ever known.

Britain came to the end of its national mourning period for the late Queen on Tuesday 20 September, following her state funeral, and while he has already ascended the throne, the coronation of the new King will not happen for some time.

But exactly when will the coronation take place and what will it mean for both the monarchy and the rest of the country?

When did Charles become King?

Upon the death of Queen Elizabeth II on Thursday 8 September, Charles officially became King.

However, it is tradition to wait until a sufficient time period of mourning has taken place, before crowning the new sovereign.

A large amount of preparation is also required to organise the ceremony.

When is the coronation of King Charles III?

An official coronation date is yet to be announced, however the Telegraph reported that it is likely to be in spring or summer 2023, after a period of mourning for the late Queen.

The late Queen's coronation took place on 2 June 1953 following her accession on 6 February 1952, over a year after she ascended the throne.

What will happen at the coronation?

It is expected that the coronation of King Charles III will be designed in line with his vision for a smaller, more modern monarchy.   The King will be crowned alongside his Queen Consort, Camilla.

Sources have said that the ceremony will be shorter, smaller and less expensive than that of Queen Elizabeth II. It is also said it will be planned to be representative of different faiths and community groups - falling in line with the King's wish to reflect the ethnic diversity of modern Britain.

The coronation will include the oath required by statute and many of the ceremonies which were seen in the late Queen's service, such as anointing with consecrated oil, the delivery of the orb and the enthroning itself.

Over 8,000 guests from 129 nations travelled to Westminster Abbey for the coronation of Queen Elizabeth II in 1953 but, in contrast, guests at the King's coronation will be limited to 2,000 to accommodate health and safety restrictions.

The Archbishop of Canterbury will conduct the ceremony in Westminster Abbey, confirming Charles's acceptance of becoming King via the coronation oath.

The King will be asked if he will govern the United Kingdom and other nations of the Commonwealth with law and justice and if he will maintain Christianity in the nation.

He will be seated in the Coronation Chair, known as Edward's Chair, holding the sovereign's sceptre and rod, to represent his control of the nation, and the sovereign's orb, to represent the Christian world.

After being anointed, blessed and consecrated by the Archbishop, Charles will have the crown of St Edward placed on his head, officially crowning him as King Charles III.

What Crown does the king wear?

To continue reading, please go to the original article here:

https://www.yahoo.com/news/king-charles-iii-coronation-officially-055617841.html

Rafi Farber and Greg Mannarino Friday Afternoon 9-30-2022

Rafi Farber: Bank of England Pivots Right Into the End Game

Arcadia Economics:  9-30-2022

Good news everyone! Two weeks to flatten the curve is back! Except this time it's the British yield curve, and it's the Bank of England that says it needs two weeks to flatten it!

The FT reports: "Central bank to spend £5bn a day for 13 days over material risk to UK financial stability." Today it's the Bank of England and the pound. Tomorrow it will be the Fed and the dollar. It's only a matter of time, and not much at that.

Meanwhile, absolute deflation of the money supply (not of prices!) has continued for 14 straight weeks, the longest deflation since the Fed began keeping records in 1980.

This will likely lead to a stock market collapse of epic proportions by November.

And finally, are we at the beginning of a new precious metals bear market like in 2013? Rafi says most likely no, and shows three big reasons why.

https://www.youtube.com/watch?v=Rehp4GFoh_0

We Are In A FULL BLOWN CURRENCY CRISIS!!! Critical Updates.

Greg Mannarino:  9-30-2022

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

KTFA Members "Friday News" 9-30-2022

KTFA:

Clare:  After reaching international forums, the Iraqi company TNFX obtains a global license

30th September, 2022

The Iraqi company "TNFX" obtained a global permit from the Seychelles Securities Commission

TNFX was able to reach international forums during the past years of its work inside and outside Iraq, culminating in obtaining this license

The license allows it to deal financially in Iraq and abroad, and it is one of the reliable international financial dealing companies    LINK

COPIED FROM TNFK WEBSITE:

TNFX is an ECN forex broker serving both individual and corporate clients. We offer our clients a comprehensive range of trading tools, technical support, and advisory services with the aim of making the trading process efficient, hassle-free, risk-free, and above all profitable for the client from new account registration to funds withdrawal.

Our top priority is customer service. ............... TNFX as a leader in the forex industry has won many international awards, the most important of which are: - Best ECN broker in the Middle East for the year 2020 at the international forex fair held in Dubai. ............

Company Headquarters - Headquarters – For Iraq / Baghdad – Al-Mansour – opposite Al-Mansour Mall – Armada Tower Building – 7th floor. - Branches – United Arab Emirates / Dubai, Business Bay, Bay Gate Tower, Office 22A – Iraq / Basra – Al-Tuwaisa – Olympic Committee Street – Al-Shams Building – 4th floor. – Iraq / Karbala – Jamiat Street – next to the Iraqi Trade Bank – Damerji Mall – 2nd floor. – Iraq / Sulaymaniyah (soon). – Iraq / Erbil (soon).

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

Samson:  Parliamentary Integrity calls on the Minister of Finance to investigate the results of the “loss” of more than one trillion dinars

28th September, 2022

The Parliamentary Integrity Committee demanded, on Wednesday, the Minister of Finance, the results of the investigation regarding the "lost" of more than one trillion dinars.

In a letter addressed by a member of the Integrity Committee Ahmed Taha Al-Rubaie to the Minister of Finance stated, “Based on Article 61-Second of the Constitution and Article 15 of the First, Second, Third and Fourth of Parliament Law No. 13 of 2018 and for monitoring purposes, please provide us with the results of the investigative committees related to the file of lost revenue.

(Treasury accounts belonging to the general tax in the Rafidain Bank), which is estimated at more than one trillion Iraqi dinars since 2019 until now, with all the priorities for counting the amounts, parties and people who have illegally acquired the money, please receive a letter within 15 days of our response This is in accordance with Article (15 - first) of the Parliament and its formations law. LINK

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

Samson:  The embezzlement and waste of two billion dinars from the offices of religious endowments in two governorates 

29th September, 2022

The Federal Integrity Commission revealed today, Thursday, the arrest of accused of embezzlement and waste of public money in two endowment offices in Diyala and Muthanna governorates, indicating that the value of embezzlement and waste exceeded (2,000,000,000) two billion dinars.

The investigation department of the authority said, in a statement received by Shafak News Agency, that the Diyala investigation office team was able, after follow-up and investigation, to uncover the misappropriation of public money in the amount of (1,820,000,000) billion dinars by the head of one of the former bureaus, and the director of the authority for managing and investing endowment funds in Diyala.

The department added that the field team, who moved to the endowment office in the governorate, arrested the director of the management and investment authority of the endowment funds and (2) employees who admitted receiving the said amount, handing over (1,600,000,000) one billion dinars from it to the former chief of the office, and organizing fake transactions; To cover up the issue, pointing to the seizure of (3) “fake” advances that were organized on paper only and the embezzlement of their sums that were supposed to be distributed among the displaced in the governorate.

On the other hand, the department reported that the field team in the Muthanna Investigation Office monitored the waste of nearly (200,000,000) million dinars of public money in the process of granting an investment opportunity for a commercial complex in Musataha from the owner of the land (one of the endowment offices) to a company, noting the extension of the project implementation period for two years. without rent; Although the commercial operation of the project took place without the need for an extension.

And it indicated that the judge of the investigation court in Baquba, which is specialized in integrity issues in Diyala, decided to arrest the accused arrested in the first operation in accordance with the provisions of Article (340) of the Penal Code.  LINK

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

Samson:  15 years imprisonment for a high-ranking anti-terrorist officer for embezzling 13 billion dinars

29th September, 2022

The Federal Integrity Commission revealed, on Thursday, the issuance of three verdicts in the presence of imprisoning an officer with the rank of brigadier general in one of the security services; On the background of embezzlement of more than (13) billion dinars.

And while talking about the details of the case in which it investigated and referred it to the judiciary, the commission's investigation department reported that the Karkh Criminal Court - the third commission, issued three verdicts in the presence of an officer at the rank of brigadier general in the Counter-Terrorism Service, each serving a prison sentence of five years and a month for each case, based on the Provisions of Article (316) of the Iraqi Penal Code.

The department continued, explaining that the convict had embezzled the risk allocations for members of the Anti-Terrorism Service for the year 2015 amounting to (3,833,000,000) dinars, and (5,805,000,000) dinars for the year 2016, while the allocations embezzled for the year 2017 were (3,579,350,000) dinars.

And she continued, explaining that the court, after reviewing the evidence obtained and the evidence in the case, and the investigative papers, concluded that the accused was negligent, and decided to convict him in accordance with the provisions of the judgmental article, imprisoning him for five years and one month for each case, and implementing the penalties in succession, bringing the total to (3) years (15). Months.

Last May, the commission had announced the issuance of a judgment in absentia against an "administrative officer" in the anti-terror agency, serving a 15-year prison sentence. As a result of manipulation and embezzlement of the security risk allocations for the (Counter-Terrorism School) of the Counter-Terrorism Service.  LINK

Samson:  Putin signs agreements on accession of four Ukrainian regions to the Russian Federation

30th September, 2022

Russian President Vladimir Putin signed today, Friday, documents to annex four Ukrainian regions to the Russian Federation, while calling on Kyiv to "stop all its military operations."

The four regions are Lugansk, Donetsk, Kherson and Zaporozhye. At a ceremony in St. George's Hall in the Kremlin, Putin and separatist leaders put their names on treaties to join Russia.

This action represents a sharp escalation in the seven-month-old conflict in Ukraine. The signing came three days after the completion of "referendums" organized by the Kremlin on joining Russia, which Kyiv and the West rejected. "We call on the Kyiv regime to immediately stop fighting, stop all hostilities and return to the negotiating table," Putin said, in a televised speech from the Kremlin during a ceremony to officially announce the annexation of four Ukrainian regions occupied by Moscow.

He warned the West that the residents of the four Ukrainian regions occupied by Moscow are "our citizens forever," adding, "I want to say this to the Kyiv regime and its masters in the West: the residents of Lugansk, Donetsk, Kherson and Zaporizhia will become our citizens forever." He stated that the residents of these areas made an "unambiguous choice" to join Russia, denying his efforts to revive the Soviet Union. Referendums held by Moscow in those regions met with international condemnation.

On Thursday, United Nations Secretary-General Antonio Guterres announced to reporters that Russia's annexation of Ukrainian regions "has no place in the modern world," and said that "any decision to implement the process of annexing the Ukrainian regions of Donetsk, Lugansk, Kherson and Zaporizhia will have no legal value." It deserves condemnation (...) It is a dangerous escalation. This matter has no place in the contemporary world."

In his speech to hundreds of senior Russian politicians, the Russian President said, on Friday, that his country "will defend its new lands with all the means available to it," statements that may indicate an escalation. The Russian president accused Western countries of seeking to turn Russia into a "colony," noting that "it stems from selfishness in order to preserve its unlimited power (ie, Western countries). These are the real reasons for this hybrid war that the West is waging against us.. They want to make us a colony." 

Putin had signed a decree published on Thursday night - Friday, recognizing the "independence" of Kherson and Zaporizhia provinces, which are under the control of the Russian army in Ukraine. Both houses of the Kremlin-dominated parliament, which often approves the government's position, will meet next week to ratify treaties on accession to Russia and send them to Putin for his approval.LINK

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

Samson:  The Russian Central extends the restrictions on withdrawing funds outside the country until April 2023

29th September, 2022

The Central Bank of Russia announced the extension of restrictions on the withdrawal of funds outside the country for individuals and foreign legal entities of countries unfriendly to Russia through intermediaries until March 31, 2023.

The bank indicated that the ban will continue until the specified date on non-resident individuals from unfriendly countries who do not work in Russia as well as the legal entities of these countries.

As for Russian citizens of friendly countries, they will be able to transfer up to 1 million dollars to any accounts in foreign banks within a month, and up to 10 thousand dollars or its equivalent in other currencies through money transfer systems.  Non-residents working in Russia are also entitled to transfer money abroad in the amount of wages.
 
This feature will be available to representatives of countries friendly and not friendly to Russia. LINK

MarkZ, Mr. C., and Bob Kudla Friday Morning Chat 9-30-2022

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

MarkZ Friday 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: End of another month!! Hello October!!

Member: Time is up! September is 99% RV month!! Next up 1% RV months

Member: I guess the RV is going to happen like Mr C said...in October.

Member: I think many things will happen this weekend

Member: Hoping for something today. This month is supposedly the end of the fiscal year, but everything is still carrying on the same. Hoping for some good news.

Member: Many believe the RV started 9-24 ... We are just waiting for it to get to us! Hope they are right!

Member: We are in much better shape than we know

MZ: I agree with you

MZ: My Redemption Center contacts are still saying they will be working this weekend….will have an organizational day …a short day tomorrow…and then will be on call the rest of the weekend.

MZ: Bond folks are still dead silent…this is very unusual…..but, other peoples bond connections are looking for Saturday through Tuesday now…..for liquidity. Many report seeing money in their accounts still…..but nothing is spendable.

Member: I still hear Bond people will not be paid until we get our notifications

Member: Bruce's call says Friday thru Sunday ???

Member: Phil said RV happened codes have been entered. His intel source is the highest

Member: Mark - Charley Ward said lots of people believe RV started on 9/24/22 and we are seeing it happening as GBP, Dollar and Euro are near parity

MZ: I wish I had more for you but its very slow on the intel front right now.

Member: England’s bonds are dropping fast

Member: Record 10% inflation in 19 of EU countries. I bet Germany will bail to BRICS after the pipeline blowup

Member: Every time I invested in the stock market it crashed….The stock market should pay me to stay out.

Member:  The markets are manipulated, none of it makes sense

MZ: “Pension fund panic led to Bank of England’s emergency intervention : Here’s what you need to know”

Member: Wonder what happened with MARK’s contractor in iraq?????  Weren’t they supposed to get paid at new rates by now?????

Member: What should the rate be for the dinar?

MZ: Many believe the rate will be about $4….I believe we will get a higher rate for the “oil for dinar “ program….which should be a couple dollars higher.

Member: Why do no other "gurus" talk about the QFS? None of the guys on Dinar Recaps ever talk about the QFS. If the currencys revalued how come none of them mention the QFS

Member: I really hope the QFS is real……at this point I am not sure.

Member: I hear the QFS and applications were not ready until now! It is all ready to go

Member: Qfs is supposedly enacted in over 180 countries

Member: I am so weary with talk, talk, talk….and never any action….we need to see something real happening.

Mod: SO MUCH OF THE TRUTH IS COMING IN THE NEAR FUTURE THAT IT WILL SHOCK MOST PEOPLE

Member: I’m tired of playing kick the can, can we please play another game!!

Member: This could be the Friday that Mr. C gets a knock on his door, gets paid and enters the release codes. Got my fingers crossed (makes it hard to type though)

Member: Would be so lovely if Mr. C gets a knock on the door while he's on with us!

Member: SCOTUS returns back in session Monday, 10/3. …dominos falling….

Member: Praying for everyone affected by the hurricane and storms!

Member: I wonder if HAARP was used on Florida since they have a good number of currency holders to try and slow this down

Member: Many things can happen under the cover of a hurricane…..just saying……

Member: Never let your enemy know your next move.

Member: People need to STOP being so negative. Just stay positive it'll happen when it happens.

Member: I feel like a kid waiting for all the Christmas dishes to be done so we can open our presents.

Member: Prayers to all that have been impacted by the storm. Need the RV to help them

Member: Prayers as well for Okie, Frank26 and Walkingstick….may they all heal to make it across the finish line.

Mr. Cottrell joins the stream about minute 15:00. Bob Kudla joins a bit later…..Please listen to the replay for their opinions and information.

MC: I think right now it could happen at any time for any reason…we are at the right stage…the right time…and the right players are stepping up to the plate.

MZ: I agree…..we are just waiting for that shoe to drop. .

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

 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

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=v_KseWnZUsY

Thursday Evening Iraq Parliament News Highlights 9-29-22

Thursday Evening Iraq Parliament News Highlights 9-29-22

Baghdad Summons Iran's Ambassador And Hands Him A "Strongly Worded" Protest Note

Shafaq News/ Today, Thursday, the Iraqi Ministry of Foreign Affairs summoned the Iranian ambassador to Baghdad, Muhammad Al Sadiq, and handed him a protest note, which it described as "strongly worded", against the background of the artillery shelling that affected areas yesterday in Erbil.

The Iraqi Foreign Ministry spokesman, Ahmed Al-Sahaf, said, in a press statement received by Shafaq News Agency, that the Ministry of Foreign Affairs summoned, today, the Iranian ambassador to Iraq, Muhammad Kazem Al-Sadeq, as a result of the artillery and aerial bombardment with missiles and drones on multiple cities and villages in the Kurdistan Region of Iraq.

Over the past days, especially yesterday morning Wednesday 28/9/2022, which led to the death and injury of a number of safe Iraqi civilians, including women and children, and caused intimidation of the population, spreading panic among them, and destroying infrastructure.

He added, "The Head of the Neighboring Countries Department, Ihsan Al-Awadi, handed the ambassador of the Islamic Republic of Iran to Iraq a strong protest note, which included the Iraqi government's condemnation of this crime, which represented a continuation of the Iranian forces' attacks on Iraq's sovereignty and sanctity of its lands and took a new character that cannot be tolerated, represented by targeting citizens safe people inside Iraqi cities.

In the memorandum, the ministry stressed, according to Al-Sahaf, "its rejection of these actions and the resulting intimidation and terrorization of the safe citizens," and demanded "respect for the sovereignty of Iraq and commitment to the commitments of the Islamic Republic of Iran stipulated in international covenants and to stay away from military logic and the language of weapons in addressing security challenges." of its repercussions on the societal peace of both countries, and on regional security and stability.”

Yesterday, Wednesday, the Iraqi Ministry of Foreign Affairs condemned the Iranian bombing of four areas in the Kurdistan Region, and threatened to resort to the "highest diplomatic positions" to avoid repetition of the bombing.

Yesterday, the Iranian bombardment was renewed on areas in the Koysanjaq district of the Erbil governorate, which resulted in two deaths and 12 wounded, according to the director of health of the judiciary.

Meanwhile, the opposition Iranian Kurdistan Freedom Party announced that the bombing targeted their headquarters in Koysanjak, killing at least five people, and wounding dozens.

The Minister of Health of the Kurdistan Region, Saman Al-Barzanji, directed a large number of ambulances to Kosanjak district, while the Governor of Erbil, Omid Khoshnaw, directed all relief organizations to enter a state of alert to rescue the injured.

Video clips showed terror and panic among schoolchildren and civilians as a result of the bombing, while the Koysinjaq District Education announced the suspension of official working hours.   LINK

The Enthusiasm Of The "Frameworkers" For The New Coalition Is Declining With My Chest's Escalation In Preventing Today's Parliament Session

Posted On2022-09-28 By Sotaliraq    Baghdad / Tamim Al-Hassan

Gradually, the coordination framework retreated from its enthusiasm for forming what has become known as the “state administration coalition” after angry reactions threatening to ignite the street and storm the Green Zone.

Al-Attar's statement came after Parliament Speaker Muhammad al-Halbousi announced his resignation from his post, devoid of any statement or hint about the new alliance.

Supporters of the leader of the Sadrist movement vowed to thwart the parliament session, which is supposed to be held today, Wednesday, to discuss the resignation of al-Halbousi.

On the other hand, Ammar al-Hakim, the leader of the Wisdom Movement, exposed the positions of parties in the coordination framework, which he said reject the elections, expressing at the same time his willingness to visit al-Sadr in Najaf.

And about the last hours that followed the leaks about the new coalition, a former Shiite deputy said to (the range) that: "The formation of this coalition is a challenge to the Sadrists and the demands of the street, so the attack on it was expected."

The new alliance aims to forge a political understanding and a government similar to previous governments, the latest of which is the government of Adel Abdul-Mahdi, which was toppled in the October 2019 protests.

The deputy, who asked not to be named, adds: "What happened on Sunday cannot be considered an agreement on a coalition, but rather an agreement on a formula for a new coalition that can be modified at any time."

Among the amendments that can be reversed, according to the deputy: "He is the nomination of Muhammad Al-Sudani, but after he obtains approval from Tehran."

The representative claims that some of the parties to the "framework" - he did not specify them exactly - are sticking to Al-Sudani due to the absence of a "veto" from Iran on his name.

But he also says: "If Tehran finds that Al-Sudani is not in favor of the changes in Iraq, especially if it reaches an agreement with the West regarding the nuclear program, it may be lenient in replacing it."

And the Sadrist movement began, after the leaks about the formation of the new coalition, vowing to prevent any progress in the issue of forming the government and passing the Sudanese.

And increased calls for mobilization and storming the Green Zone, with the announcement of the Presidency of Parliament to hold a session on Wednesday.

Since Monday evening, an unprecedented deployment of security forces has been observed in Baghdad, while concrete walls have been reinforced in the vicinity of the Green Zone, and checkpoints have been set up on main roads.

Against the background of that escalation, the coordination framework issued a statement in which it seemed to retreat from the enthusiasm shown by some of its parties in the early announcement of the "state administration" coalition.

Commenting on the request to hold a session in parliament, Al-Attar said that it welcomes "the parliament's invitation to hold a session that restores life to the constitutional institutions in the country."

And he renewed the coordination framework - according to the statement - "his readiness to go to early elections after completing the introductions of a government with full powers, approving a federal budget, amending the election law and organizing the Independent High Electoral Commission."

The coordination framework called on the Kurdish forces to resolve their candidate for the presidency, while the statement did not address the announcement of the new coalition.

Information had reached (the range) indicated that the postponement of the announcement of the new alliance was caused by fear of the reaction of the street.

Supporters of "November" are preparing to commemorate the third anniversary of the protests next Saturday, while there are reports of the possibility of the Sadrists participating in those demonstrations.

The House of Representatives set the date and agenda for its session, while the agenda included voting on the resignation of Parliament Speaker Muhammad al-Halbousi from his post.

The department said in a statement on Monday evening, "The House of Representatives will hold a session next Wednesday (today), at one o'clock in the afternoon."

She added, "The session's agenda includes voting on the resignation of the Speaker of the House of Representatives from his position and electing the first deputy speaker of the Council."

According to the statements of the members of the coordination framework, it was agreed to grant the position of Deputy Speaker of Parliament to the independent Mohsen Al-Mandalawi.

The "Attrimons" consider that the position, which was occupied by the resigned Sadrist MP Hakim al-Zamili, is their right, but they gave it up according to the principle of "concord and balance", as Mandalawi is a Faili Kurd.

However, according to the leaks, Al-Mandalawi is a "framer", as he moved to the Shiite bloc's side last May, when al-Sadr called on the independents to join his team to form a majority government.

Al-Mandalawi, along with four others, most notably MPs Hussein Arab and Mustafa Sanad, lined up at the time for the "blocking third", which was adopted by the coordination framework.

So far, the odds are increasing that the parliament session cannot be held due to the escalation of the Sadrists, while calls are increasing in return for the political forces' rejection of Al-Halbousi's resignation.

Observers considered that the timing of the resignation request was "strange", especially since it came after the initial agreement on the state administration alliance.

Most analyzes went to the conclusion that Al-Halbousi's request to resign is to get rid of the pressure he is subjected to due to the tension between the Sadrists and the "tyrants".

So far, al-Sadr has not commented on the new developments, but the deputy head of the political body of the movement, Nassar al-Rubaie, confirmed that intervention in the file of forming a government is left to the head of the movement, Muqtada al-Sadr.

Al-Rubaie said in an intervention during a dialogue forum held in Baghdad, "The issue of interfering with the formation or approval of the next government is left to Sadr and we will proceed with what he decides."

He pointed out, "The previous governments were lame and now they are honorable (paralyzed), noting that:" the prime minister cannot be from a bloc that owns one or two deputies, otherwise the experience of the downfall of the government will be repeated, as happened with former Prime Minister Adel Abdul-Mahdi."

Later, al-Hakim (the leader of the Wisdom Movement) revealed that most of the parties to the coordination framework objected to holding new elections.

Al-Hakim said in statements yesterday, "The recent elections were marred by many circumstances and many appeals were submitted," stressing that "most of the framework forces are unwilling to hold early elections, but due to the absence of the Sadrist movement, early elections were discussed."[/size]

The leader of the Wisdom Movement announced his readiness to visit the leader of the Sadrist movement, and al-Hakim said, "If my visit to Al-Hananah will contribute to resolving the crisis, I will spare no effort in doing so."

He pointed out that "the Sadrist movement is a key partner in the political process and the coordinating framework was keen on its presence and during the submission of their resignation, it had calls for their return," noting that "there is no realistic dialogue between the framework and the movement to know the Sadrist movement's official positions."   LINK

Al-Halbousi Appoints A Kurdish Secretary-General Of The House Of Representatives

Shafaq News/ The Speaker of Parliament, Muhammad Al-Halbousi, appointed, on Wednesday, a new general security for the House of Representatives.

And it was stated in an official letter signed by Al-Halbousi, obtained by Shafaq News Agency, "Based on the powers granted to us and the requirements of the work interest, it was decided to appoint Safwan Bashir Yunis Saif Al-Din, who holds a Bachelor's degree in Law, in accordance with the study document issued by the two vice deans of the university's vice chancellor. Agency with the rank of Minister and enjoys all the rights and privileges granted to this position.

Safwan Bashir Seif al-Din is a Kurdi from Nineveh Governorate, and he is close to the Kurdistan Democratic Party. LINK

Al-Halbousi directs the parliament’s committees to host all ministers: some of them are “abusive” who violate the constitution and the law

Shafaq News/ On Wednesday, Parliament Speaker Muhammad al-Halbousi directed parliament committees to host all caretaker government ministers, accusing some of them of violating the constitution and the law.

Al-Halbousi said, according to what was published by his media office and received by Shafak News Agency, "I ask the parliamentary committees to start their work to host all the ministers of the caretaker government, each in his committee, because some ministries violated the law, the constitution and all financial and administrative laws because of the parliament's suspension, and we all bear responsibility because The absence of the council’s oversight was abused by some.”

Today, Wednesday, the House of Representatives resumed its work after stopping for several months due to a sit-in by supporters of the Sadrist movement in its building in protest against the nomination of the coordination framework, Muhammad Shia Al-Sudani, for the position of Prime Minister. LINK

Khazali Comments On The Resumption Of Parliament Sessions With “Blessing” Of Al-Halbousi And Al-Mandalawi And Condemning The Bombing Of Al-Khadra

Shafaq News/ The Secretary-General of Asa'ib Ahl al-Haq, Qais al-Khazali, blessed on Wednesday the renewal of confidence in Muhammad al-Halbousi as Speaker of the House of Representatives and his first deputy, and condemned the bombing of the Green Zone.

Khazali said in a tweet seen by Shafak News Agency, "We congratulate all our people for the parliament's return to carry out its work and perform its duties through its oversight and legislative role, and we congratulate the renewal of confidence for the Speaker of the Iraqi Parliament, Muhammad al-Halbousi, and we wish him to start a new page in parliamentary work."

He added, "We congratulate the brother, Deputy Mohsen Ali Akbar Al-Mandalawi, for his election as first deputy speaker of Parliament, placing our confidence in him in representing the largest component of parliament, performing his legislative tasks and activating the oversight role of the House of Representatives."

Khazali called on the opposition political forces to "start a new page and respond to the long-awaited demands and patience of our people in achieving political and security stability and the need to form a strong government that takes upon itself the benefit of the current financial abundance to serve our people and achieve their well-being."

Khazali condemned and denounced "terrorist and sabotage acts that targeted the Green Zone and its surrounding areas and assaulting the security forces," stressing "the necessity of applying the law accurately and firmly against anyone who tries to underestimate the blood of Iraqis and violates the sovereignty of the state."

The Secretary-General of Asa'ib renewed his "support and support for the security forces in carrying out their duty by forcefully confronting all attacks that threaten Iraqi civil peace."

Today, a massive demonstration took place in Tahrir Square in the center of the capital, Baghdad, in protest against the Parliament holding a session to vote on the resignation of Parliament Speaker Muhammad al-Halbousi, and the deputies voted to reject the resignation.

During the session, the Green Zone was hit by three shells, one of which landed in the parliament garage, the other near the monument of the Unknown Soldier, and the third in another part of the area, injuring an officer and three members and causing material damage.    LINK

The Kurdistan Democratic Party Reveals To Alsumaria The Date For Resolving The Presidential Candidate - Urgent

Sumerian special   2022-09-29 | 06:48  3,468 views    Alsumaria News - Special

The Kurdistan Democratic Party (Al-Party) revealed today, Thursday, the date for resolving the file of the Presidency of the Republic and the agreement between it and the Patriotic Union of Kurdistan, while the holding of parliamentary sessions was considered a "step towards solving the political problem."

The party leader said Mahdi Abdul Karim , in an interview with Alsumaria news Holding the parliament session, choosing the first deputy speaker of parliament, and continuing the parliamentary sessions is a step towards solving the political problem and the current blockage and the beginning of solving the political process.

He added, "The upcoming parliamentary sessions will witness the end of the presidential crisis between... Kurdistan Democratic Party And the The National Union[/url]and proceed with the formation of the new government.

Abdul Karim explained, "Al-Barty will have a basic position on choosing a suitable person for the presidency," stressing that "the President of the Peace Palace will be ready for this position in the next session."

According to political custom, the presidency of the republic is the entitlement of the Kurdish house, as the Kurdish parties have agreed since 2005 to allocate the presidency of a region Kurdistan For the Democratic Party, and the Presidency of the Republic for the National Union, but the ambition of the former to win the presidency and the adherence of the latter to the agreed-upon entitlement, is difficult to pass any of the candidates of the two parties, and the crisis in the Baghdad.

Related Articles

The eyes of the political process are directed towards the regionKurdistanAfter the convening of the parliamentary session, which witnessed the election of the first deputy speaker of Parliament, and the renewal of confidence in the Speaker of Parliament Mohammed Al-Halbousi , to end the file of the Presidency of the Republic and the formation of the new government.   LINK

Thursday Evening Iraq Economic News Highlights 9-29-22

Thursday Evening Iraq Economic News Highlights 9-29-22

Oil signs a contract with China's Sonic to develop an exploratory survey in the Gulf waters

Money and business   Economy News-Baghdad   The Director General of the Oil Exploration Company, Ali Jassim Hammoud, revealed, on Thursday, the imminent conclusion of a work contract with an international company to develop exploratory survey operations in the waters of the Arabian Gulf, stressing that the step comes with the aim of maximizing and investing the national reserves of hydrocarbon wealth and compensating the depleted of it.

Jassim told Al-Sabah that "the project of seismic surveys of the Arabian Gulf is a qualitative leap in the oil sector's business record, and this step represents a starting point for exploratory work in regional waters."

He added, "Our first work in this project has become imminent, especially after concluding a contract with the Chinese company Cinoc for an exploratory survey in the Arabian Gulf in the land and marine parts of the territorial waters, and that we hope to maximize and invest the national reserves of hydrocarbon wealth by relying on concerted National efforts for the success of this experiment, which is the first of its kind in seismic surveys for our company.”

He explained, "Efforts are focused towards implementing the plans of the Iraqi National Oil Company in transforming expectations into a tangible matter," stressing the work and achievement with extreme accuracy and record speed by investing the efforts and expertise of the company's employees.

Jassim pointed out that "there are no limits to the ceiling of our ambitions in working to maximize hydrocarbon wealth, compensate for the depleted of it, and advance the national industry, taking into account the extreme accuracy in the work of seismic surveys, combined with reducing the factors of effort and time to reach the highest levels of quality and perfection," noting that "among the activities What we will try with the joint study with the Chinese company Cinoc are specialized bathometric and geophysical surveys, as well as high-resolution gravitational surveys of the work area.”

Views 13   Added 09/29/2022 - 11:41 AM    Update 09/29/2022 - 12:59 PM

https://economy-news.net/content.php?id=29955

Specialists: Oil prices are enough to cover costs, and their decline is ineffective

Posted On2022-09-29 By Sotaliraq    Baghdad / Hussein Hatem    After a rise that exceeded the $100 threshold for more than a month, oil prices fell back below $90, recording a decline in global markets, which raised Iraqis' fears in light of the longer political impasse after 2003 and the absence of the public financial budget.

However, specialists stressed that the decrease does not affect the economic situation and employee salaries as long as it is higher than the price specified in the financial budget for the year 2021.

According to the specialists, the prices are still appropriate to cover all costs and achieve a surplus of 100 million dollars during the coming period, while they stressed the need to employ the surplus funds in the industrial and agricultural sectors.

Oil prices fell by more than 1% on Wednesday, affected by the rise in the US dollar and the growth of crude inventories, which offset the support of US production cuts caused by Hurricane Ian.

Brent crude futures also fell 91 cents, or 1.05%, to $85.36 a barrel by 04:41 GMT, while US West Texas Intermediate crude futures fell 85 cents, or 1.08%, at $77.65 a barrel.

Economic expert Diaa Al-Mohsen said in an interview with (Al-Mada), that "whether oil prices rise or fall, the citizen is not a major player in them."

Al-Mohsen added, "The rise and fall in oil prices is subject to many variables, including political, economic and climatic ones."

He pointed out, "Oil prices, even with their decline, are higher than the figure specified during the public financial budget, and this is what keeps the economy away from danger and deterioration."

Al-Mohsen expected, "the arrival of oil revenues during the current year in light of the drop in prices from 90 to 100 billion dollars," pointing out "the possibility of covering the expenses of the past year, and eliminating the financial deficit completely."

He stressed, "the necessity of investing the money generated from oil revenues in the industrial and agricultural sectors and not relying on the rentier economy."

Al-Mohsen pointed out that “there is a reluctance with regard to economic development, and this indicates the government’s loss of correct planning by the ministries of planning and finance, and the failure to employ the surplus funds was the cause of the deterioration of the Iraqi economy and other real sectors such as agriculture and industry, in addition to the tourism sector, and there was no correct employment of the surplus funds. in these sectors,” noting that “this reluctance will not affect the salaries of employees and the operating budget.”

In turn, economic and financial expert Safwan Qusai said in an interview with (Al Mada), that "oil prices started to decline as a result of the interest rate increase by the US Treasury," noting that "the US Treasury is trying to withdraw the surplus liquidity in Europe and the rest of the countries to reduce the effects of inflation."

Qusay added, "The higher the interest rates, the lower the sales rates for international companies, and consequently the need for oil."

He pointed out, "There is a need for oil derivatives in Europe, especially in the next few months, as this may bring oil to a price of 130 dollars a barrel, especially if the United States, China, Japan and Europe raise the percentage of depreciation from their stores."

He added, "The increase in prices will lead to an increase in the price of a barrel of oil in the budget for the next year, as setting the price of $90 a barrel may be appropriate for the budget according to the increase in prices."

And Qusay, that "the industrialized countries will be the first to be affected by the shortage of gas, including Germany, which is considered the third in the world at the level of industries, which prompts the resort to oil derivatives to operate the stations and generate electricity."

He explained, "The prices are still appropriate to cover all costs and achieve a surplus of 100 million dollars during the coming period."

For his part, Professor of Economics at Basra University, Nabil Al-Marsoumi, said in a blog post that Al-Mada followed that "the drop in the oil price to $86 per barrel means that Iraq is close to the danger zone."

Al-Marsoumi added, “Iraq needs a price of $80 per barrel and exports of up to 3.3 million barrels per day in order to obtain oil revenues of up to 140 trillion dinars, which are sufficient with non-oil revenues to cover the requirements of public expenditures, which rose by 25 trillion dinars this year as a result of the legislation of the Food Security Law.”

Regarding the salaries of employees and retirees, Al-Marsoumi explained that “they are insured even if the price of a barrel of oil drops to 50 dollars, as one of the members of the Parliamentary Finance Committee says, and he cites that the same prices fell in 2020 to about 38 dollars a barrel and salaries were not cut off.”

He continued, "This is a very accurate statement, but the price was to raise the exchange rate of the dollar against the dinar by 23%, and the employees lost a quarter of their real salaries, while the poor lost a large part of their purchasing power as a result of the rise in commodity prices."

And the professor of economics added, "The price was also an increase in the internal debt in Iraq by 30 trillion dinars to reach 68 trillion dinars."

Al-Marsoumi went on, “As long as there is a balance in the Central Bank of Iraq of up to 85 billion dollars, it is possible to borrow from it, even indirectly, to pay salaries even if the internal debt exceeds the 100 trillion dinars barrier, and if it is not enough, it is possible to raise the exchange rate of the dollar against the dinar.” once again".   LINK

OPEC+ Begins Talks On Cutting Oil Production

Energy     Economy News _ Baghdad   Three sources said today, Thursday, that prominent members of OPEC + began discussions on reducing oil production at the group's next meeting on October 5, according to "Reuters".

An OPEC source told the agency that a cut was "likely", while two other OPEC+ sources said senior members had spoken on the matter.

A source familiar with Russian thinking told Reuters earlier this week that Moscow could propose a cut of up to 1 million barrels per day.   Views 12   Added 09/29/2022 - 11:59 AM   Update 09/29/2022 - 1:05 PM

https://economy-news.net/content.php?id=29956

Report: India Is Communicating With Iraq To Obtain Liquefied Natural Gas

Energy    Economy News – translation   India has reached out to Iraq, Saudi Arabia, the United Arab Emirates and the United States to secure affordable liquefied natural gas (LNG), while LNG supplies from Russia's Gazprom are in decline, according to the Mint newspaper.

In 2018, Gazprom Marketing and Trading Singapore (GMTS), a subsidiary of Gazprom, signed an agreement with Gas Authority of India Limited (GAIL) to supply 2.5 million tons of LNG for a period of 20 years.

But since the beginning of the war in Ukraine, supplies of GMTS have been dwindling.

India's consumption of liquefied natural gas rose on the back of the center's decision to diversify its energy sources.

Currently, gas makes up 6.2 percent of India's energy needs. Mint added that the government plans to absorb it by up to 15 percent by 2030.

India is also largely dependent on imports to meet its oil and gas needs. Eighty-five per cent of the domestic demand for oil and 55 per cent of the domestic demand for gas is met by imports in India.

Mint quoted a government spokesman as saying that the center was trying to get gas from anywhere possible "at the most reasonable prices."

“So far, the availability of gas is not a problem, only the price. Today, gas is available everywhere, including in the United Arab Emirates and the United States. We are looking at negotiating to get a good deal where we can get gas at reasonable prices,” another official said. to Saudi Arabia, the United States, the United Arab Emirates, and Iraq.

The report added that India may not pursue arbitration against Gazprom, but may deal with the case bilaterally "at the highest level of the Indian government."

40 . views   Added 09/29/2022 - 10:20 AM   Update 09/29/2022 - 12:55 PM

https://economy-news.net/content.php?id=29952

With Iraq Looking To Boost Liquefied Gas Exports... India Is Looking For Gas At A Competitive Price

2022-09-29    Yes Iraq: Baghdad   India is looking to buy liquefied natural gas from one of the four countries “Saudi Arabia, Iraq, the Emirates, and America”, as it depends on who will give facilities and competitive prices compared to the other, at a time when the Iraqi interest is clear in promoting its exports of liquefied gas.

In 2018, Gazprom signed an agreement with Indian Gas Limited to supply 2.5 million tons of LNG for a period of 20 years.

But since the beginning of the war in Ukraine, supplies of GMTS have been dwindling.

India's consumption of liquefied natural gas rose on the back of the center's decision to diversify its energy sources.

Currently, gas makes up 6.2 percent of India's energy needs. Mint added that the government plans to absorb it by up to 15 percent by 2030.

India is also largely dependent on imports to meet its oil and gas needs. Eighty-five per cent of the domestic demand for oil and 55 per cent of the domestic demand for gas is met by imports in India.

Mint quoted a government spokesman as saying that the center was trying to get gas from anywhere possible "at the most reasonable prices."

“So far, gas availability is not an issue, only price. Today, gas is available everywhere, including in the United Arab Emirates and the United States. We are trying to negotiate a good deal where we can get gas at reasonable prices, another official said.

The report added that India may not pursue arbitration against Gazprom, but could deal with the case bilaterally "at the highest level of the Indian government."

The Ministry of Oil seems to be greatly interested in the process of exporting liquefied gas, “cooking gas,” which is the same used in cars. With this growing interest, a question comes to mind regarding the ministry’s raising the price of a liter of gas sold for cars that run on gas in Iraq. The ministry plans to achieve greater benefit from exporting gas instead of selling it at a subsidized price to citizens.

Deputy Managing Director, Director of the Higher Production Authority of Basra Gas Company, Marfa Al-Asadi, said that “the company continues to work in the production of liquefied gas used in cooking to meet the country’s need,” noting that “the current production covers 80% of the local need, in addition to exporting the surplus.” 6 years ago, through the company’s Umm Qasr port.”

He added, "The company seeks to update its plans to export liquefied gas abroad, as it has worked on developing its facilities and exporting semi-cooled gas (4 degrees Celsius), which contributed to the possibility of loading the product on ships with larger capacities that almost double the previously exported quantity, It reaches 10,000 tons, which allows our product to reach farther markets and to have more tankers used for this substance, after relying on gas exports in small vessels with capacities ranging from 3,500 to 5,500 tons, depending on the type of ship. “.

Iraq produces more than 2.2 million tons annually, and according to statements that 80% of the production covers the local need, this means that about 440,000 tons are exported annually, while 144,000 tons were exported in 2017, which is the beginning of Iraq's transformation into a source of liquefied gas.

The price of a ton of gas is approximately $740 ($0.74 per liter), which is more than a thousand dinars per liter, a price equivalent to 5 times the price at which the ministry sells a liter to cars in Iraq at 200 dinars per liter, before the ministry decided to raise the price to 300 dinars per liter, and perhaps the ministry’s move aims to reduce its losses and reduce the number of cars that go to gas, thus making the most of the gas possible to export it abroad instead of selling it at a subsidized price inside Iraq.

And by exporting more than 400,000 tons annually, this means that it brings to Iraq money estimated at 300 million dollars annually, while selling this amount of cars inside Iraq at the subsidized price will bring only 54 million dollars.   LINK

Iraq's Oil Revenues Begin To Go Down... Exports Drop By More Than Half A Million Barrels, And Revenues Drop By 7%

2022-09-29    Yes Iraq: Baghdad    Iraq's oil revenues began to gradually decline the lower curve with the start of the decline in global oil prices, as well as the problems faced by the Ministry of Oil in the issue of export and production and their decline.

The Iraqi Ministry of Oil announced the total oil exports and revenues achieved for the month of August, according to the final statistics issued by the Iraqi Oil Marketing Company SOMO, which showed the loss of more than half a million barrels, specifically 525 thousand and 521 barrels.

Somo said in a statement that "the amount of crude oil exports for the month of August amounted to 101 million and 859 thousand and 528 barrels of oil, with revenues of 9 billion and 688 million and 903 thousand dollars."

The statistics indicated that "the total quantities of crude oil exported for the month of August from oil fields in central and southern Iraq amounted to 100 million and 760 thousand barrels, while the quantities exported of Kirkuk oil through Ceyhan port were 1 million and 109 thousand and 628 barrels."

And she indicated that "the average price per barrel amounted to 95,120 dollars, pointing out that" the exported quantities were loaded by (32) international companies of several nationalities, from the ports of Basra, Khor al-Amaya and mono-buoys on the Gulf and the Turkish port of Ceyhan.

While August exports amounted to 101.85 million barrels, July exports amounted to 102.38 million barrels, a decline of more than half a million barrels in August.

As for revenues, they decreased significantly, reaching 9.68 billion dollars in August, while in July they amounted to 10.36 billion dollars, which means a loss of about 700 million dollars, once due to the decline in oil prices, which fell in August to 95.1 dollars per barrel. The average price was $101.2 per barrel.

It is clear that the decline in exports by more than 525,000 barrels has caused a loss of nearly 50 million dollars, while the decline in oil prices has caused Iraq to lose more than 600 million dollars.  LINK

"Tidbits From TNT" Friday Morning 9-30-2022

TNT:

Tishwash:  After reaching international forums, the Iraqi company TNFX obtains a global license

The Iraqi company "TNFX" obtained a global permit from the Seychelles Securities Commission.

The company obtained the license, after its access to international forums culminated in obtaining this license.

The license allows the company to deal financially in Iraq and abroad.  link

CaliforniaSugar:  "The Federal Supreme Court rejected the appeal submitted that the resignation of the Sadrist bloc's deputies was invalid due to the lack of public interest of the plaintiffs. In other words, the appeal was NOT decided on the merits. Rather, the Plaintiffs did not have standing to bring the lawsuit. Parliament ruled today, on its merits, that the resignations were illegal because Sadr did not follow proper procedure

Bobby47:  And that means what? To us

CaliforniaSugar:  Bobby, it means that Sadr and his people can return to Parliament. That solves some of the issues. The still need to vote on PM and one of the three presidents

CharlieOK:  Here is a quote from the article talking about Parliament resignations: "According to a letter sent to parliament by legal advisor Muhammad al-Ghazi, and seen by Middle East Eye, the MPs’ resignations did not follow the necessary processes, therefore the Sadrists are still MPs."

Yada:  It means that the 73 are still part of parliament!! The timing is great because now, the 73 members can vote, along with the kurds and independents to dissolve parliament leaving Kazimi and Salih in power until the next elections

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

Tishwash:  An economist warns of "difficult days" that will confront Iraq

An economist warned of "difficult days" that Iraq will face due to the increasing unemployment among graduates.

Nabil Al-Marsoumi said in a statement: “The graduates’ unemployment has become very large, as it affects almost all medical, engineering, administrative, agricultural and other sciences. In Iraq, it is linked to the oil sector, which is a capital-intensive and labor-intensive sector, as it absorbs in Iraq only 2% of the total labor force, while it contributes more than half of the gross domestic product.

And he indicated that "the solution does not lie in closing universities and institutes and spreading illiteracy among the people, but rather in developing and diversifying the economy through investment in its three forms, government and private, national and foreign investment. Without that, Iraq will face difficult days, especially since youth unemployment reaches 36%."

Al-Marsoumi pointed out that "the labor force, which currently stands at more than 10 million, will reach 16 million in 2030."   link

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

Tishwash:  Parliamentary Energy: Discussions to amend the Oil and Gas Law and put it in Parliament

The Parliamentary Oil and Energy Committee announced discussions on the draft oil and gas law.

Committee member Durgham al-Maliki told {Euphrates News} that the committee "is facing a political legislative law in its work, which is the oil and gas law."

And he indicated that "this law has many consequences, and members of the committee from all sects discuss the law in the hope that it will reach solutions or amendments to the law for the purpose of putting it in the House of Representatives in general."

The file of the "oil and gas" law is prominent on the tables of political dialogues related to the formation of the federal government, between Baghdad and Erbil, and the opening of the law file currently coincides with the decision of the Federal Court, in mid-March, which considered the region's oil activities in isolation from Baghdad a legal violation.

This led to the freezing of the work of some foreign oil companies in compliance with the decision, such as the American companies "Schlumberger" and "Baker Hughes" for oil field services.
The Kurdistan Regional Government considers that Baghdad is putting pressure on foreign companies operating in the region’s cities, while confirming, in its official statements, that it will defend the region’s financial dues and its constitutional rights by all means, and what guarantees its entitlements, including the results of the recent elections, and its shares in the ministries, at a time when The Federal Supreme Court has challenged the unilateral actions of the regional government in the field of extracting and exporting oil from the oil fields there, in isolation from Baghdad.

The oil and gas law in Iraq, which has been in parliament since 2005 due to political differences with Kurdish forces, stipulates that the responsibility for managing the country’s oil fields should be entrusted to a national oil company, supervised by a federal council specialized in this matter, meaning that Baghdad is responsible. About oil in Kurdistan, which Erbil rejects, and considers it a measure that violates the constitution.

The point of contention between Baghdad and Erbil also lies in the Iraqi constitution, which in recent years has turned into a subject of widespread controversy over its loose articles that are subject to interpretation and interpretation in more than one way  link

Mot: Now that was Sooo Sweet!! ~~~Amazon invitation

Mot: ~ Finally!!!! - A Book that Does What It Says!! ~~~sleep well

Judy, Pimpy and more....Friday AM 9-30-2022

RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 30 Sept. 2022

Compiled Fri. 30 Sept. 2022 12:01 am EST by Judy Byington

Judy Note:

Thurs. 29 Sept. Bruce: Tier4B should get the 800#s within the next three days. The GCR will complete by Fri. 30 Sept. Redemption Centers have a permanent 12 day schedule.

Bond people were expecting liquidity in their accounts overnight Wed. 28 Sept. to Thurs. 29 Sept.

The GCR should complete by Fri. 30 Sept.

The new fiscal year would begin on Sat. 1 Oct.

After the beginning of the new fiscal year on Sat. 1 Oct, the General Public could exchange at the banks using rates as shown on the Forex.

After receiving the 800 numbers to call for appointments, Tier 4B (us, the Internet Group) would be exchanging foreign currencies and redeeming Zim Bonds at special rates for twelve days at specially set up Redemption Centers (16,950 in US).

~~~~~~~~~~~~~

Thurs. 29 Sept. The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#

Tier4B should get the 800#s within the next three days.

On Monday 26 Sept. Redemption Centers had the new currencies and the paperwork completed that was needed to redeem the bonds (other than the Zim Bonds).

We have had major arrests in Dallas Texas and elsewhere. They have made enough arrests to have Tier4B go in.

130 countries have aligned with BRICS and their currencies have been deemed asset-backed.

The USN was backed by US Treasury and the gold in the US Treasury

Our appointments will be taken care of in about 30 min.

We will be given a Quantum Account Access Card which has three chips in it. One chip is a bio metric chip which will mean only you can use that card. The card is designed for you to see how much money is in your account. No one else can see it.

Read full post here:  https://dinarchronicles.com/2022/09/30/restored-republic-via-a-gcr-update-as-of-september-30-2022/

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

Courtesy of Dinar Guru

Mnt Goat  Article:  "IRAQ: CENTRAL BANK RESERVES EXCEED THE CEILING OF 87 BILLION DOLLARS"  Yes, 87 billion reserves already and it just the end of September. They will reach way over 90 billion as projected by the end of the year and will probably reach over 100 billion even. Yet the CBI says they have no intention of completing the project to delete the zeros  or raise the rate of the dinar against the dollar. Why? If this is not corruption I don’t know what is. We know for a FACT the economy of Iraq supported way over $3 dinar back in 1990. The situation of Iraq now is way much better with higher reserves and much more gold reserves. In fact they can almost back their currency totally with gold now.

MilitiaMan   We are waiting on a calm atmosphere. Today's vote of confidence for Halbousi may have been just the calm we needed...The CBI too, can calm markets. That is a part of their job. To delete the three zeros from the exchange rate is  directly related to the economy and market prices within the country. The result of deleting the zeros will calm the people and the markets, thus, the investors too...

The Global Currency Reset is already happening

Pimpy’s investment Chat:  9-29-2022

https://www.youtube.com/watch?v=IDJJ_-JR2UU

Inflation will ‘boil us to death’, turn U.S. into Argentina - Diego Parrilla

Kitco News:  9-29-2022

Diego Parrilla, Managing Partner of Quadriga Asset Managers, discusses inflation, inflation hedging, and central bank policies with David Lin, Anchor for Kitco News.

https://www.youtube.com/watch?v=s22vVJuCfDY