More Iraqi News Wednesday PM 12-30-20

More Iraqi News Wednesday PM 12-30-20

TLM724 Administrator BondLady’s Corner

The Central Bank's Dollar Sales Are Collapsing

Time: 12/30/2020 11:15:55 Read: 4,381 times  {Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales continue to decline in an unprecedented way.

According to the bank's daily bulletin on the currency auction on Wednesday, the total sale for the purposes of strengthening funds abroad {transfers, credits} 12 million and 754 thousand and 239 dollars, while the cash sale was one million and 300 thousand dollars.   While the total sales were 14 million 54 thousand and 239 dollars. Yesterday's foreign currency auction sales were $ 15 million.

The central bank sells dollars for the sums transferred to bank accounts abroad at a price of {1460} dinars per dollar, and cash sales at {1460} dinars per dollar, in implementation of its recent decision to raise the exchange rate.  LINK

The Central Bank’s Dollar Sales Are Declining For The Fourth Consecutive Day

Economie| 01:04 - 12/30/2020   BAGHDAD - Mawazine News  correspondent, / Mawazine News /, reported, on Wednesday, that the Central Bank of Iraq’s sales of the dollar have declined for the fourth consecutive day.

Our correspondent said, "The Central Bank, according to its daily bulletin, witnessed during today's auction for the sale and purchase of foreign currencies a decrease of 6.6%, to reach 14 million 54 thousand and 239 dollars, at an exchange rate of 1460 dinars per dollar."

He added, "The request was distributed by 12 million and 754 thousand and 239 dollars to strengthen the funds abroad in the form of transfers and appropriations, while the rest, amounting to one million and 300 thousand dollars, was distributed in the form of cash sale."

And our correspondent pointed out, that "four banks have met requests to enhance assets abroad, while one bank has met the cash requests inside Iraq."

The central bank's sales yesterday, Tuesday, amounted to 15 million and 47 thousand dollars.

https://www.mawazin.net/Details.aspx?jimare=136211

The Rise Of The Dollar In Iraq Today

Time: 12/30/2020 11:04:17 Read: 22,932 times    {Baghdad: Al Furat News} The exchange rate of the dollar in Iraq continues to rise today, Wednesday.

The exchange rate on the Al-Kifah and Al-Harithiya Stock Exchanges in Baghdad was 1438 dinars, or 143 thousand and 800 dinars per hundred dollars.    Yesterday's price in Baghdad was 1430 dinars.

And in the governorates of Erbil and Basra, the dollar rose today to 1,435 dinars.

As for the exchange office prices, they also increased to 1447.5 dinars for sale and 1427.5 dinars for purchase.

https://alforatnews.com/news/%D8%A5%D8%B1%D8%AA%D9%81%D8%A7%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%84%D9%8A%D9%88%D9%85

Parliamentary Finance: 80 Trillion Dinars, The Actual Spending Of The Iraqi State In 2020

Money and business   Economy News – Baghdad    A member of the Parliamentary Finance Committee, Naji Al-Saeedi, revealed that the actual spending of the Iraqi state in 2020 amounted to 80 trillion dinars, pointing out that the House of Representatives rejects the employee deductions included in the 2021 budget.

Al-Saeedi said in a statement reported by state television and seen by "Al-Eqtisad News", that raising the volume of spending in the 2021 budget to 160 trillion dinars is illogical and "we are working to reduce these expenditures."

He added that "the deficit in the 2021 budget is imaginary and exaggerated," revealing that "the actual spending of the Iraqi state did not exceed 80 trillion dinars in 2020."

He stressed that "the period of one month set by the House of Representatives is sufficient to approve the budget law and amend it on the side that supports the disadvantaged segments of society," noting that "the parliament rejects the mechanism included in the budget for deducting salaries of employees."

Al-Saeedi added, "The Council is working to support the items of the national card at an amount of 6 trillion, after it was 2 trillion dinars."   Number of observations 129 Date of addendum 12/30/2020

https://economy-news.net/content.php?id=23392

Iran Announces That It Has Received 700 Thousand Dollars Of Its Debts Owed By Iraq

Energy   Economy News – Baghdad   Iranian Energy Minister Reza Ardakanian announced that Iran has received 700 thousand dollars of its debts with Iraq from electricity and gas exports, according to what was reported in "Iran International Arabi ".  Yesterday, Iran informed Iraq that it would immediately resume pumping gas to power plants .

The Iranian Energy Minister arrived in Baghdad yesterday to discuss obstacles to exporting electricity and gas to Iraq, according to Fars News Agency .

The Iranian Energy Minister met with Iraqi Prime Minister Mustafa Al-Kazemi, the Minister of Trade and the Governor of the Central Bank .

This decision is a reversal of the previous decision in the past two days, as Iran announced that it had reduced gas fuel exports to Iraq by nearly half for "non-payment of debts ."

The Iranian Ministry of Oil has repeatedly asked Iraq to pay off the debts of gas and electricity imported from Tehran .

In turn, the Iraqi Ministry of Electricity said, last Sunday, that the capital, Baghdad, and other cities are facing the risk of major power outages after Iran reduced gas exports, before Tehran reverses its decision, Tuesday .

Iraq used to export 11,000 barrels of oil from Kirkuk wells, but that stopped due to US sanctions on Iran.

Number of observations 136 Date of addendum 12/30/2020  https://economy-news.net/content.php?id=23393

Deputy: The Region’s Failure To Deliver Its Imports To The Center Will Deprive It Of Next Year's Budget

Money  and business   Economy News _ Baghdad   MP Mansour Al-Baiji said, on Wednesday, that the Kurdistan Regional Government's failure to deliver its imports to the center will completely deprive it of next year's budget.

In a statement received by Al-Eqtisad News, Al-Baiji stressed that “the Kurdistan Regional Government’s failure to hand over all its resources to the federal government will prevent it from receiving any amount from the federal government during the next year and it bears full responsibility towards our people in the region.”

He pointed out, “Despite the presence of the Kurdish delegation to Baghdad, and it is not the first or last delegation to come to the conclusion that the negotiations are vague and there is still no final agreement with the federal government despite the popular upheaval in the region, but the Kurdistan government has not and will not receive its returns, which will deny it. Who received any amount during the next year due to lack of commitment, as in other governorates.

He stressed by saying, “The Kurdistan Regional Government must be well aware that without surrendering its full revenues to the federal government, it will not receive a single dinar during the next year, as happened with the public borrowing law voted by the parliament which stipulated that the regional government hand over its revenues in advance and then receive its right as it receives the rest Other provinces. ”

He explained, "Our people in the region must realize one fact that the one who caused the cut of their salaries is their government, which does not abide by the law and the constitution and hand over its revenues to the federal government, as is the case with the rest of the other provinces. On the contrary, the regional government exports oil and takes customs and airports money, and we do not know where it goes."

Al-Buaiji concluded by saying: “Therefore, any agreement with the regional government has not yet been formally established, and the delegation did not reach a final agreement with the federal government due to the region’s failure to submit to the federal government, and thus the region’s government is the one who bears the legal and constitutional responsibility towards its people because of its failure to deliver its revenues. To the center completely, just like in other governorates.    Number of observations 97 date of addition 12/30/2020 https://economy-news.net/content.php?id=23383

Al-Fariji To Nina: Iraq Is One Of The Most Dangerous Countries In The Process Of Laundering And Smuggling Money In The World

Wednesday 30, December 2020 10:33 | Economical Views: 221   Baghdad / NINA / The specialist in economic affairs, Ali Jabbar Al-Freiji, confirmed that Iraq is one of the most dangerous countries in the process of laundering and smuggling money in the world.

Al-Freiji said in a statement to the Iraqi National News Agency / NINA / that: In May 2020, the European Union re-placed Iraq on the list of high-risk countries in money laundering and terrorist financing, although the Union in 2018 removed Iraq from its blacklist despite its first place in Basel Index report for the year 2017 as the most dangerous country in the field of money laundering, but the Iraqi governments failed to take advantage of this opportunity to improve the country's image, and went in directions worse than before.

He added: Estimates indicate more than 300-500 billion dollars were wasted and manipulated through channels used to smuggle, launder and steal money, including - still, smuggling of oil programmed under state control is still more than 350 thousand barrels per day, equivalent to 10% of total oil exports, drug trafficking. Border outlets, including outlets in northern Iraq that are not controlled and whose losses (thefts) are estimated at the equivalent of 7-11 billion dollars annually, financial allocations for fictitious projects. ”

He pointed out that: More than 2000 offices and financial institutions work in what is called selling currency and money transfers Over the past years, the corrupt gates were involved in smuggling and money laundering. "

He continued, "Estimates of money smuggled from Iraq exceeded corruption and theft of the largest number recorded in modern history, which happened in South Africa in 1986, which was $ 167 billion. /

https://ninanews.com/Website/News/Details?Key=879137

An Economist Warns Of The Risks Of Unavailability Of Financial Liquidity To Pay Public Spending In Dinars During The Next Month

Wednesday 30, December 2020 09:24 | Economical Views: 183  Baghdad ( NINA ) - Economic expert Safwan Qusay warned of the dangers of unavailability of financial liquidity to pay public spending in dinars during the next month.

Qusay said in a statement to the Iraqi National News Agency / NINA / that: In light of the decline in the value of the Iraqi dinar to 1460 dinars per US dollar, the Central Bank of Iraq sales decreased sharply to about 20% of its regular sales, and this indicates the possibility of increasing the reserves of the Central Bank due to the presence of A live dollar is sold at a lower price than the central bank’s rate in the parallel market, and thus the Ministry of Finance will face in the coming period the problem of providing liquidity in Iraqi dinars to pay public spending in Iraqi dinars during the next month.

Qusay stressed the importance for the Ministry of Finance to think about the possibility of buying dollars from the parallel market at a lower price than the official price pending a price balance in the markets or allowing banks to invest in buying dollars from the parallel market as long as it is currently sold at a lower price and thus the Ministry of Finance will have a window for purchase. And resale outside the framework of federal oil imports.

”He  stressed the need for“ the Federal Office of Financial Supervision to supervise purchases in order to ensure the nationality of these foreign currencies available outside the banking system and not allow unclean funding sources to flow into Iraqi financial markets. ”

The Central Bank set a selling price. The dollar is 146 thousand dinars for every 100 dollars, and the banks charged the adoption of an official price     https://ninanews.com/Website/News/Details?key=879130

Representative Economy: Parliament Will Make Fundamental Adjustments To The Budget ... These Are The Most Prominent Of Them

The information / Baghdad ..The Parliamentary Economic and Investment Committee confirmed, on Wednesday, that the House of Representatives will make fundamental amendments to the austerity measures put in place by the government in the budget law, indicating that the increase in the exchange rate will affect the salary through the high prices of goods and goods.

Member of the committee, MP Mazen Al-Faili, said in a statement to / information /, that “the draft federal budget law that was submitted by the government to Parliament includes austerity measures that are harmful to the citizen and will be burdensome,” explaining that “Parliament will make fundamental amendments to these procedures.”

He added that "raising the price of selling the dollar compared to the dinar is surprising because it will have consequences for all citizens, especially those with limited income and the poor," indicating that "Parliament will work to reduce the value of the Iraqi dinar."

It is noteworthy that the deputy of the Saeron Alliance, Riyad Al-Masoudi, confirmed in a previous statement to / the information /, that most of the political blocs do not want what was stated in the budget of deducting percentages for employees' salaries and that is a red line and we will not vote on it. Ended / 25 AD https://www.almaalomah.com/2020/12/30/512849/

Parliamentary Integrity Talks About "Hidden Corruption" In The 2021 Budget

10:57 - 12/30/2020  The information / Baghdad ..   A member of the Parliamentary Integrity Committee, Alia Nassif, confirmed, on Wednesday, that the 2021 budget carries with it "hidden corruption," noting that the government has gone about monopolistic contracts and loans intended to drain the Iraqi state funds. Suspect

"Instead of reducing corruption, the government has gone towards monopolistic contracts and loans, the purpose of which is to drain Iraqi funds with projects and numbers that are not accurate," Nassif said in a statement to "the information".

She added that "the House of Representatives is against targeting the salaries of Iraqi state employees, with the exception of higher ranks," stressing that "the budget carries with it mined materials and hidden corruption."

Yesterday, the Finance Committee in the House of Representatives described Prime Minister Mustafa Al-Kazemi's talk regarding reform in the 2021 budget as contradictory. https://www.almaalomah.com/2020/12/30/512795/

To read more current and reliable Iraqi news please visit BondLady’s Corner:

 https://www.bondladyscorner.com/

More News, Rumors and Opinions Wednesday Night 12-30-2020

TNT:

Tishwash:   Washington helps Baghdad secure the Green Zone

The US Embassy hands over 30 armored military vehicles to the Iraqi army to help it secure diplomatic facilities, as Iranian threats to launch attacks escalate.

The Washington embassy in Baghdad announced, on Wednesday, that it has delivered 30 armored military vehicles to the Iraqi army to secure the Green Zone in the center of the capital, with the escalation of Iranian threats.

The Green Zone is heavily fortified and includes the United States Embassy and most foreign diplomatic missions, as well as government and parliament headquarters and the homes of senior state officials.
The region has been subjected to repeated missile attacks by unknown persons, suspected of being members of Iraqi factions close to Iran, since last year.

The US embassy said, in a statement, that "the United States is committed to assisting the Iraqi army in maintaining the security of Iraq and Baghdad."

"To achieve this goal, the United States on Monday provided the Iraqi army with 30 armored cars to help secure the International Zone," she added, which is the term the United States uses to refer to the Green Zone in central Baghdad

She indicated that "the United States provided the aforementioned vehicles to the Special Command Division, located at Al-Asad Air Base (west of the country), and the Iraqi army will use them in its patrols."

"This contribution comes as part of a larger plan by the US Army Security Cooperation Office - Iraq to support the Special Command Team in securing the center of Baghdad," the embassy said in a statement.

The United States leads an international coalition consisting of more than 60 countries to fight the terrorist organization "ISIS" in Iraq and provide training and advice to the local armed forces.
This step comes in light of the tense atmosphere in Iraq with the approaching first anniversary of the assassination of the commander of the Iranian Quds Force, Qassem Soleimani, accompanied by the deputy head of the Popular Mobilization Authority, Abu Mahdi al-Muhandis, in a US air bombardment near Baghdad International Airport on January 3.

Fears prevail that Iraqi factions close to Iran will launch attacks on US forces and interests, amid a warning from Washington that it will respond forcefully to an attack that causes American casualties.
Iranian officials had issued a clear and public threat against US and Western interests in Iraq as the anniversary of the assassination of Qassem Soleimani approaches

The Iranian ambassador to Iraq, Iraj Masjedi, said Tuesday that his country reserves its right to take revenge against the United States for the assassination of Qassem Soleimani.

He explained that Tehran's retaliation against Washington "does not have to be military," according to the Iranian "Tasnim International News Agency" (in particular).

"We have the right to take revenge on the Americans for their historic crime of assassinating General Soleimani and Abu Mahdi Al-Muhandis in early January," he added. "Retaliation for this criminal act will not necessarily be military."

He stressed that the expulsion of US forces from the region is "revenge," noting that the Iranian missile attack on the American Ain Al-Assad base in Iraq on January 8, 2020, was a response to the assassination of Soleimani.

While my mosque denied any involvement of Tehran in the recent missile attack on the US embassy in the Iraqi capital, Baghdad.

"Iran does not support any group that may have launched this attack," he said, according to the same source.

And last week, unidentified persons fired Katyusha rockets at the Green Zone in central Baghdad, targeting the US embassy.

Washington accuses the Iraqi factions close to Iran, headed by "Kataib Hezbollah", of being behind the attacks.
A few months ago, the Iraqi authorities formed an investigation committee to uncover the parties involved in launching attacks on the diplomatic corps in Baghdad, at the request of the Sadrist movement and after American pressure to close the embassy   link

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Wednesday Fleming RV Update:

Our military intel contact confirmed the source that said that UST released Reno to start payments today Wed 30 Dec but he said the order came from DoD & POTUS at 10am PST (= 1pm EST out of the morning RV team meeting in DC) & the order went from UST to Reno by 1pm PST as reported by this source below.

These payments his info says are the bond payments to be done from tonight Wed 30 Dec over next 48 hours before T4B start in 1st half of next week.

Courtesy of Dinar Guru

Frank26  Did you see the IMF say 'This reduction of purchasing power of the Iraq dinar this is a permanent thing'?  Did you hear them say that? [shakes head no].  But yet all of a sudden we go from 1450 to 1600 to 1650, good God I bet you anything we go even more.  Anything to mess you up.  That's the purpose.  That's what's supposed to happen right now.  And for you to fall for it?  No, that's not right...keep a constant state of suspicious alertness...we're so close to the apex.  We're so close to conquering this mountain...whatever you do, don't fall down the hill.  Do not get discouraged.  It's very clear IMO what they're doing...

Pimpy  Article: "Parliamentary Finance: This is the date for the budget debate session"  According to the constitution the cabinet members look at a budget.  They pass the budget and then it goes to the House of Representative where technically they're supposed to be some type of 90-day thing and you're supposed to have 3 readings in there so any changes gets done.  But it seems to me that that part of it's being bypassed...They want to try to get this passed before the end of the year.  That's not many more days...we'll see if this gets accomplished.

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Wednesday Night X22 Report Spotlight

Bob Kudla: The People Have Reached The Precipice, The Great Reset Has Been Trumped

Bob talks about how the people are reaching the precipice of destruction. The economy in the US is improving each and every day. Gold, Bitcoin all set to take off. The people are not with the great reset movement. Trump plan, build the economy and block the great reset.

https://x22report.com/aiovg_videos/bob-kudla-the-people-have-reached-the-precipice-the-great-reset-has-been-trumped/

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Who said robots can't dance? | Boston Dynamics welcomes the new year

Dec 30, 2020

https://www.youtube.com/watch?v=jwm2aY56dKc

Bruce’s Big Call Intel Tuesday Night 12-29-20

Bruce’s Big Call Intel Tuesday Night 12-29-20

Call Transcribed by WiserNow Emailed to Recaps

Welcome everybody to the Big Call tonight - it is Tuesday December 29th   and you’re listening to the Big Call - welcome all that are here – and to what is the start tonight of our 10th year of The Big Call – We hit 9 years completion yesterday – and so here we go ….. we’re starting our 10th year – I hope it’s short one and I think it will be –

The intel tonight – I actually knew a lot of this after last Thursdays call – which you remember we did a very short call for Christmas Eve – it is amazing after a call I can get information that I wish I had been able to bring on the call – but that’s what happens - it may even happen tonight –

So what I am going to tell you is where we are and what I’m hearing about us and when we’re going to start – Now what happened yesterday and today – was the so called Friends & Family - people that had done exchanges with various banks throughout the country – SKR’s – safe keeping receipts – probably picking up very little  to no amounts at the time of their exchange – but they ARE in a situation NOW to be receiving what’s called – healing / emergency funds yesterday and today from those exchanges / SKR’s – but the total amount that they should receive will not happen until we get started with our exchanges

So it is a bit of an “emergency liquidity” that the friends and family – individuals – not Whales or VIP’s – just people that were notified by the bank a while back and some did exchanges maybe a year back

So that is one little thing – for Monday and Tuesday – what additionally is happening now is the bond holders for numerous different bonds are being divided into 2 basic groups – meaning that their paymasters are paying them out this week - with one group – the first group being paid what we understand is overnight tonight or overnight tomorrow – I have heard it both ways – and they would theoretically have access to about 1-2% of those bonds – either Wed or Thurs –

The second group of bond holders – is to be paid out what we understand is – Thursday night and would have access to funds 1-2%  on Thursday or Friday – and the theory is the bond holders get paid out this week – in their entirety

Now – beyond that – and I hate to be the person that puts this out further than anyone else – cause you know I don’t like that people do that to me – but I am saying that the information that I had as long ago as last Thursday night – 5 days ago – was talking about us going – tier 4B – somewhere in the Monday the 4th or Tuesday 5th of January and possibly into Wednesday –

That means we’ve got a week possibly from tonight before we actually do something with have our numbers and we set our appointments or we get our numbers Monday night and start Tuesday – there’s a possibility and we had it from an extremely high source – as high as you can get – in the banking world – that - that was the Monday/Tuesday thing – that was 5 days ago –

Now – what about the possibility of Mon/Tues – or Tues/Wed? I think it looks very good we should be there by then and hopefully – and I’m not calling it – but that is what I’m hearing – passing on what it is that I’m getting –

Also – I have reason to believe that certain exchanges that will be done with Arabic speaking interpreters and translators are to start next week as well – and that is another good sign – that is when we are supposed to start – they’ve been notified and given a schedule – and I’m looking forward to that happening –

As far as Iraq is concerned – they are expecting to have another new rate – over the weekend – could start them on Sunday – their first business day – with a new budget – with a rate in the budget –

We know the rate that we saw – the rate we were actually notified about was very strong – and just slightly below what Dr Shabbibi had predicted that the value of the Dinar to hold back in the National chamber of United States Chamber of Commerce Meeting - where Blue Star attended and asked him that value question – back in 2012 –

So we are really – in a position I think to move forward through New Year’s Eve and to New Year’s Day – and into the first week of January having had a 4 day banking holiday – where no wires were transmitted from last Thurs – Fri – Sat – Sun – globally – from my understanding - 

Now everything is totally interconnected – with the QFS – banks are completely on line – Central banks should be totally on line – and Central banks should under the auspices of the Treasury for each country in the world – no longer under a central bank – hum how do I say it -- that might be controlled by the Rothschild’s or another cabal type group of people

So ……I believe we are in a good place to move forward and I’m excited because I think we’re finally coming to the end but you know how this thing is – this is a moving target – and you know intel does change – even the idea of the bonds being paid out tonight could be moved to tomorrow night –

Look how we’ve heard we’re looking at $600 stimulus payment and then we heard about a $2000 payment – now it looks like we might get the $600 payment in a matter of hours to a few days followed by possibly a week later maybe the more like the $2000 more - we will see – do not hold me to that – but I believe we could see that  - and of course the election is far from being over – not even close to being over – Lots of things are going to be happening –

Well that’s the information I have for tonight – I’m excited and thrilled for everyone to be here – Thank you again for tuning in – our next call if we have one will be on Tuesday January 5th  -  everyone have a safe New Year -  I look forward to a great 2021 -

Bruce’s Big Call Replay LINK   Intel Begins 1:13:50

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs2941.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHBb

Lynete Zang and The Atlantis Report Wednesday PM 12-30-2020

Q&A WITH LYNETTE ZANG

IMF CREDIT SCORE, TESLA STOCK, STIMULUS…

Dec 30, 2020

Questions/Timestamps: 1. JD: I heard that the IMF want banks to use my browser’s search history to determine my credit score. Is this true? Are they already doing this? 0:44

2. Edwin G: I would like to know when to determine at what price is the best to purchase. What company I can trust for purchase of precious metals? 3:53

3. DC Girl: Since Tesla recorded profits all 4 quarters, would you consider this a good time to buy Tesla stock? 7:17

4. Von: Isn’t the economy becoming more unstable each day as more money is printed and debt is getting bigger? 9:56

5. Von: Will the stimulus deal be likely to promote economic growth in the new year? 11:07

https://youtu.be/ftgGyoGsTTQ?t=3

The Atlantis Report

At Some Point Inflation Will Raise Its Ugly Head As The M2 Money Supply Soaring !!

Premiered 3 hours ago

At Some Point Inflation Will Raise Its Ugly Head As The M2 Money Supply Soaring !!

The money supply grew by 37.08% year-on-year in November based on the True Money Supply Measure (TMS). It was effectively the same rate of growth we saw in October and remains near September’s all-time high rate of growth.

The staggering growth in the money supply becomes more clear when you compare this year with last.

TMS growth in November 2019 was just 5.9%. The TMS set all-time records eight straight months leading into October. September’s record rate was 37.54%. October’s year-on-year growth came in at 37.08%, the same as November’s While the TMS metric fell just shy of a ninth straight record month in October, the M2 growth rate did reach historic highs that month and then set another record in November. It grew 25.07% last month compared to October’s record growth rate of 24.17%.

And there is no sign that money creation is slowing down. According to Fed data released on Dec. 18, M2 surged by $228.1 billion in the preceding week.

In other words, the Fed created over $228 billion out of thin air in just one week. Inflation expectations appear to be solidly on the rise and that spells big problems for the financial system.

For years the central banks across the world have claimed deflation has driven or allowed their QE policies to remain. This is central to their ability to stimulate. The moment inflation begins to take root or becomes apparent much of their flexibility in policy is lost.

The 2% inflation target central banks have deemed optimum is not valid. This argument is becoming harder to make since many people now feel so much money pouring into the financial system is beginning to move inflation higher.

For the full transcript go to Bruce Wilds/AdvancingTime Blog http://brucewilds.blogspot.com/2020/1...

https://youtu.be/rleIzkvAbL0?t=5

KTFA Members "News and Views" Wednesday PM 12-30-2020

KTFA:

Suzie:  I wonder IF they still plan to announce "the new rate" by the end of the fiscal year as was talked imo about seeing as there is basically 48 hrs. left.  Let's hope!

The Snod:   imo January is as hot as it’s ever been for this! Get’cha a big movie Coke, kick back and pray for the best.

Ryan1216:  I'm in constant prayer that the IMF updates the Dinar exchange rate by New Year like they said

YoungSC: Remember to also respect the first 2 weeks of January imo as we were taught imo

DeepWoodz:  Imo....  not butting in here but.... I’m looking for the party in the streets! What a time that will be!!!

Samson:  The economic crisis and Corona abduct Iraqis' joy in the new year

30th December, 2020
Usually, the last days of each year witness a wide and intense economic movement throughout the cities of Iraq in preparation for Christmas and New Year, but the situation is different with the new year, there are many reasons that make Iraqis less enthusiastic, but more lukewarm in their usual practices to receive 2021.

The lens of Shafaq News Agency wandered to Shorja in Baghdad, the largest and most important commercial center in the country, but the alleys of this center seemed almost empty except for those who were sold here and another there, which was not witnessed by Shorja in the most severe days of the economic siege in the nineties of the last century.

This apathy on the part of the Iraqis comes against the background of the economic crisis afflicting the country, along with the Corona epidemic that disrupted life for several months in the first half of this year, along with political and armed tensions.   LINK

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Samson:  The year 2021 begins with an important US decision regarding its forces in Iraq

30th December, 2020

The American military newspaper "Military Times" said that the global war on terror will witness a significant reduction on January 15, when the number of forces in both Iraq and Afghanistan reaches only 2,500 soldiers, nearly two decades after the wars The two countries. 

Although it has not achieved a breakthrough with regard to Iraq, the Donald Trump administration has previously said that it hopes to remove the last American soldiers from Afghanistan by May, according to a report by the newspaper translated by Shafaq News.

Ultimately, that will be the decision of the new US president, Joe Biden, who pledged during his election campaign in 2020 to "end the endless wars in Afghanistan and the Middle East." 

In a statement on November 17, Acting Defense Secretary Chris Miller said he hoped Washington would end the long war in the new year and that American soldiers would return home. 

"We will protect our children from the heavy burden of the ongoing war, honor the sacrifices they have made in the service of peace and stability in Afghanistan, Iraq and around the world, and we celebrate all those who helped us secure freedom in the face of oppression," Miller said. 

The Military Times said Miller, who replaced the dismissed Defense Minister Mark Esper on November 9, will oversee the process of reducing the number of troops until he leaves office on January 20. 

Pending congressional approval, he will be replaced by retired General Lloyd Austin, who oversaw the withdrawal of combat forces from Iraq in 2011.  Although military officials initially refused to comment on the details of the troop reduction, US lawmakers indicated that the plan requires reducing the number of forces that participate in "training, advice and assistance" missions for local forces in Iraq and Afghanistan, and to focus on counterterrorism operations, especially Against ISIS loyalists, in both countries.   LINK

Don961:  “Exchange the dollar against the dinar”: The Iraqis will force the “Central Bank” to submit two proposals: either 135 or 127 thousand per 100 dollars

2020-12-30  Yes Iraq - Baghdad

 As soon as the devaluation of the dinar against the foreign currency, especially the US dollar, came into effect until the people's appetite for buying those currencies decreased, which created alarm for the Central Bank of Iraq, which is responsible for issuing the decision that aroused popular discontent, because of the consequences it may have on the middle class and low-income people in the society.

The Central Bank of Iraq had decided to raise the price of selling the dollar to banks and exchange companies to 1460 dinars, from 1182 dinars to the dollar, in order to compensate for the decline in oil revenues caused by the deterioration of oil prices.

Iraq relies on 90% of its income on oil revenues, and the last time it devalued the dinar was in December 2015 when it raised the selling price of the dollar to 1182 dinars, compared to 1166 dinars in the past.

For the third consecutive day of this week, central bank sales are down by more than 55%.

Review the exchange rate

According to leaks from the Ministry of Finance, "The decline of the Iraqi dinar against the US dollar and the increase of the exchange rate from 119 thousand to 146 thousand dinars per 100 dollars caused a rapid decrease in the value of sales of the Central Bank in the auction of selling foreign currency."

The leaks confirm that "the central bank is upset, and in light of this several proposals have been submitted to determine the exchange rate of the dollar against the Iraqi dinar, including that it should be 135 thousand per 100 dollars instead of the current price."

The central bank inaugurated its decision on the new pricing for selling the dollar in the auction for the currency on the 20th of this December, and since then, the bank has witnessed a decline in currency sales.

The dollar’s ​​selling fell to unprecedented levels

For his part, economic expert Abdul Rahman Al-Sheikhly confirms the existence of a proposal setting the exchange rate against the Iraqi dinar.

Al-Sheikhly says that "there is a proposal and an opinion that the exchange rate be 127 thousand dinars per 100 dollars, provided that the citizen reaches 130 thousand dinars."

He points out that "the central bank used to sell 200 million dollars in the currency auction, either now the cash sale price has reached 300 thousand dollars, because of the increase in the exchange rate from 119 to 146 thousand dinars per 100 dollars."

Al-Sheikhly continues, saying that "the Iraqis do not have any confidence in the banking institution, so they put their money in their homes, and when the dollar crisis became they went to sales outlets and sold dollars, so the demand for the dollar became little compared to the previous period."

Parliament enters the line

The Economic and Investment Committee discloses a parliamentary approach aimed at reducing the dollar exchange rate in the 2021 budget bill, which reached Parliament.

Committee member Nada Shaker Jawdat says, "The proposal submitted by MPs from a different political bloc should be the new exchange rate (1300) dinars per dollar.

She explains that "reducing or increasing the dollar exchange rate needs political consensus under the dome of the Iraqi parliament, and there will be intensive meetings and dialogues in this regard during the next few days, as the parliamentary majority refuses to raise the dollar exchange rate with this big difference from the previous one."

Iraq is under great pressure under the weight of the worst economic crisis it has witnessed since 2003 until now due to the low oil prices and the outbreak of the Corona virus.

In this regard, the economist Dr. Raed Al-Hashemi says, “The process of devaluation is an internationally known economic procedure and means that a country reduces the official exchange rate of the country's currency against a reference to a global currency such as (the US dollar or the euro) so that the number of foreign currency units decreases. That can be obtained in exchange for one unit of the national currency, and it is also known as a deliberate downward adjustment of the official exchange rate, leading to a decrease in its value against other currencies.

He added, "The balance of our payments, as is well known, has no exports other than oil, and the rest tends toward imports because we import everything from abroad, from the needle to the plane to stop the wheel of industry and national production in all government and private sectors since 2003, and as a result, this decision will not It fixes the balance of payments and will not revive the domestic product. ”

link

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

Don961:  A calculation that reveals "dangerous information" about how much the employee will lose from his salary

2020-12-30  Yes Iraq: Baghdad

 The economic expert, Manar Al-Obeidi, revealed the size of the employee's salary due to deductions, new taxes, and a reduction in the value of the dinar against the dollar.

 Al-Obaidi stated that “considering that the average salary in Iraq is 948 thousand dinars, according to the salary schedule and the number of employees, a salary of one million dinars will be adopted as a measure of the impact of the employee’s salary.”

He added that "a million dinars previously was equal to 813 dollars according to the market price, based on the adoption of the exchange rate of 1230 dinars, and after the changes an amount of 50 thousand is deducted as an additional tax."

And that "the salary is equal to the market price in dollars, 646 dollars, based on the adoption of the exchange rate of 1470 dinars, meaning that the value of the salary decreased by 167 dollars, which is 20.1% of the previous salary."

And he continued: "Accordingly, a fifth of the salary has been deducted from the employee's salary, in other words, it can be clarified that ten salaries will be distributed during the year instead of 12 salaries."  link

DeepWoodz:  Imo...still havin fun...with all this talk about salaries being tampered with, we all know this is a leak.

I say that because with a positive rate change, salaries will definitely need a huge reduction. 

I read somewhere the average salary was around 600,000 dinars, which calculates to around $500 U. S. 

After rate change, that will amount to only 100 dinars. I think they should double it to 200 for inflation!! Get it?

($1 = 0.20 IQD)
(1IQD = $5)

PS...Stating the obvious here....HIGHLY DOUBTFUL that they reduce salaries....and PURCHASING POWER.

Iraqi News Wednesday AM 12-30-20

Iraqi News Wednesday AM 12-30-20

TLM724 Administrator BondLady’s Corner

Parliament Criticizes The Budget And There Are Unnecessary Expenditures

Wednesday 30 December 2020  107  Baghdad: Shaima Rasheed    Yesterday, Tuesday, the House of Representatives received the draft federal budget bill for 2021 after its approval by the government, while it extended the legislative term by one month. In conjunction with that, the parliament set a session next month as a date for the interrogation of Finance Minister Ali Abdul Amir Allawi, while Parliamentary Finance believes that the figures in the budget are inaccurate and there are unnecessary expenditures.

The Speaker of the Council, Muhammad Al-Halbousi, said in a statement: "Parliament extended its first legislative term of the third legislative year for a period of one month, in order to complete many important legislations for the coming period, including the draft federal budget bill for the fiscal year 2021, which reached Parliament." For his part, a member of the Finance Committee, Jamal Cougar, said in a statement to "Al-Sabah" that "the budget contains 122 trillion dinars, operating expenses, equivalent to the budgets of three countries," indicating that "there are expenditures that are not needed at the present time."

He added, "Parliament will not return the budget to the government, but the Finance Committee will amend the draft budget bill because its numbers are inaccurate," explaining that "the government has put 2 trillion to implement its reform program, and this is a very large amount."

He continued, "The second borrowing law came in the amount of 42 trillion dinars, and upon checking and reviewing it was found that what the government needs is 10 trillion, but Parliament approved 12 trillion, so the Finance Committee will work to check all numbers."

In addition, a member of the Parliamentary Services and Reconstruction Committee, Mudhar Al-Suleiman, told "Conscious", that "the measures taken by the government within the 2021 budget are insufficient and do not move away from the one-sided economy," calling on the government to "take real measures that have a practical and real dimension in obtaining Diverse imports of non-oil income.

In turn, the deputy of the Patriotic Union of Kurdistan, Hassan Ali, said: "The budget for next year needs political consensus between the parliamentary blocs, in order to pass it, especially with regard to the region's share of 12%."

He added that "the region's share of the budget amounts to 13 trillion dinars annually / including the salaries of employees and the Peshmerga and the budget allocated for development projects, which is a good percentage." LINK

Financial Planning And Economic Decisions

Wednesday 30 December 2020  58   a. M. Dr.. Ahmed Al-Husseini

But it seems that the Ministry of Planning has neglected other reasons that may be more rhythmic and influential than the effects of the pandemic, the most important of which is the decisions of the Supreme Committee for Safety and National Health to impose a curfew that lasted for quite some time, which affected the entry levels of those groups that represent most of the Iraqi people, and this is what led at a later stage To increase economic recession rates in the markets;

Because these groups are the most consuming ones and they drive the aggregate demand movement in the economy, and the aforementioned committee was supposed to recommend that the living expenses of these groups should be covered if they wanted to achieve the maximum benefit from the health curfew decision, but we did not notice this thing, in addition to that.

The recent decisions of the Iraqi government related to reducing the value of the Iraqi dinar and imposing progressive taxes targeting certain groups without others, and a proposal to reduce allocations to more than 3 million employees within the Iraqi government institutions. LINK

Parliamentary Finance: We Will Discuss The Budget After The New Year Holidays

Pratha News Agency72 2020-12-30   The Parliamentary Finance Committee announced, on Wednesday, that the discussion of the draft federal budget law for 2021 will begin after the New Year holiday.

A member of the committee, Representative Shirwan Mirza, told the Patriotic Union of Kurdistan website that "discussion of the draft federal budget law for 2021 will start after the New Year holiday."

He added that "the House of Representatives will certainly amend the budget and transfer the sums contained in it," noting that "the budget is estimated at more than 160 trillion dinars, and these funds are huge and very large."

He explained that "the House of Representatives has the authority to reduce and transfer in the chapters of the budget and the Finance Committee will meet with the relevant government agencies and discuss the allocations included in the budget and ways to reduce it."

The Speaker of Parliament, Muhammad al-Halbousi, announced the extension of the current legislative season for a period of one month.   http://burathanews.com/arabic/news/383508

US Military Reinforcements To Protect The Green Zone

Time: 12/30/2020 10:24:28 Read: 3,861 times   (Baghdad: Al Furat News) The US embassy in Baghdad announced that the United States has provided 30 armored cars to the Iraqi army, to secure the Green Zone where the embassy is based, and after the international zone witnessed several times previously, Katyusha rocket attacks.

The embassy said in a statement on its account on Facebook, said on Wednesday that the United States is committed to helping the Iraqi army in maintaining Iraq and Baghdad 's security, and to this end, on Monday submitted a thirty armored car to help secure the international zone ".

" The vehicles also provided the band leadership It is located at Al-Asad Air Base, and the Iraqi army will use it in its patrols. ”

She pointed out that“ this contribution is part of a larger plan by the US Army Security Cooperation Office - Iraq to support the Special Command Team in securing the center of Baghdad. ”

This came more than a week after the targeting Dozens of rockets fired by "outlaws" at the US embassy in Baghdad. LINK

Minister Of Planning: Al-Faw Port Will Make A Quantum Leap In The Reality Of The Iraqi Economy

Time: 12/30/2020 16:35:03 Reading: 260 times   (Baghdad: Al Furat News) The Minister of Planning, Khaled Battal Al-Najm, participated today, Wednesday, in the signing ceremony of the contract for the implementation of the Grand Faw Port project, which was organized by the Ministry of Transport, in the presence of a number of ministers and senior officials in the state.

"The minister was briefed during the ceremony on the detailed plans for the port, the implementation stages and the timings for the completion of the project," the ministry said in a statement, which Al-Furat News received.

Al-Najm said, "The Faw port project represents an important addition to the Iraqi economy, and that its completion will represent a major transformation process, in the developmental reality, stressing that the Ministry of Planning was keen and insistent on including it within the investment program for 2021."   LINK

Integrity Warns Against Exploiting The Repercussions Of Changing The Price Of The Dollar And Stresses On Deterring Traders Who Manipulate The Livelihood Of The Poor

Time: 12/30/2020 14:21:18 Read: 1,898 times   {Baghdad: Al Furat News} The Integrity Commission warned, on Wednesday, against exploiting the repercussions of changing the price of the dollar, while stressing on deterring traders who manipulate the poor's food.

A statement by the commission stated that "the head of the Federal Integrity Commission, Judge Alaa Jawad Hamid, stressed the need for the law to be a deterrent to all those who ask themselves to manipulate the livelihood of the poor citizen," warning merchants and weak souls from "exploiting the repercussions of changing the currency in order to achieve financial gains." At the expense of the needs of citizens with limited income. "

Jawad drew attention to “the importance of dealing with the exploiters of this crisis with the limitations permitted by the law, in order to deter them from exploiting it in ways and methods that negatively affect the lives of the poor citizen, whom we, as watchdogs, must be very close to,” indicating that “the monitoring bodies must be A fortress for the citizen, and a deterrent by law to those manipulating his power.

During his visit, Jawad stressed a number of the commission’s investigation offices in the northern region, “the necessity of access to field work and a permanent presence in state institutions, especially the service ones, in order to meet the needs of auditors, and work to facilitate the smooth completion of their transactions and isolate the corrupt who try in one way or another. Obstructing it or bargaining with them in order to force them to pay bribes,

”pointing out“ the necessity for the commission to be a window of hope through which the citizen looks to restore his confidence in the various state institutions, indicating that this is only achieved through the permanent presence of the body’s cadres in those institutions, in order to encourage Righteous employees are to provide the best services to the citizen, and to isolate others who are willing to compromise and blackmail the citizen. "

He continued, "Restoring the citizen's confidence in state institutions, which some try to bring down by generalizing the description of corruption to all of its employees, neglecting their righteousness and integrity among them, who are the majority, must be one of the priorities of the work of the commission, through permanent presence in those institutions, approaching the needs of the citizen and measuring The level of his satisfaction with the work of those institutions, and the diagnosis of corrupt elements through it, "calling for" escalating the pace of the seizure processes for the flagrante delicto, and measuring the levels of bribery abuse in those institutions by permanently distributing questionnaires between the auditors and building bridges of trust between them and the body’s staff. "

"The inspection visit, which included the commission’s investigation offices in the governorates of Diyala, Salah al-Din and Kirkuk, and in the presence of the general directors of the investigation, administrative and financial departments and the director of the Citizens Affairs and Inspection Department, comes as part of a series of inspection visits conducted by the Commission’s president recently, during which he requested the directorates and investigation offices of the commission in the regions.

The center, the south and the north; quickly implementing the strategy of the work of the presidency calling for escalating the pace of arrest operations for the flagrante delicto, working effectively and in a team spirit under the umbrella of the judiciary, and accessing field work through permanent presence within state institutions, especially the service ones, sensing the needs of the citizen, and interacting Directly dealing with the crises that may arise, and isolating the corrupt who try to compromise or blackmail them and prevent the delivery of the best services to them. " LINK

In Pictures ... The Protests Continued In Front Of The Central Bank For The Third Day In A Row

Time: 12/30/2020 10:47:19  Read: 1,391 times   {Baghdad: Al Furat News} Protests continue in front of the Central Bank of Iraq for the third day in a row due to the high exchange rate of the dollar against the dinar.

The demonstrators insisted on continuing their protest, demanding the dismissal of Mustafa Ghaleb, governor of the Central Bank.

The protesters had raised slogans describing the governor of the Central Bank that he wanted to starve the people. They also demanded that "corruption banks" be held accountable.

It is noteworthy that the Central Bank of Iraq decided on 19 December to amend the dollar exchange rate, as follows:

1450 dinars per dollar, the price of buying foreign currency from the Ministry of Finance.

1460 dinars per dollar the selling price of foreign currency to banks.

1470 dinars per dollar is the selling price of foreign currency to the public. LINK

The Minister Of Industry Reveals Plans To Operate The Stalled Factories And Factories

Wednesday 30, December 2020 09:51 | Economica lViews: 165   Baghdad / NINA / Minister of Industry Manhal Aziz Al-Khabbaz revealed plans to operate the stalled factories and factories, noting that the ministry did not receive any allocations during the year 2020 to complete the investment plan projects as a result of not approving the budget.

In a statement to the semi-official Al-Sabah newspaper, Al-Baker said: The ministry seeks to support those working to develop productive factories, to provide the opportunity to advance the industry and bring the local product back to its previous state, and to support industrialists in order to open their factories and reduce taxes and customs duties in order to create real competition.

He added that the ministry faced during the past six months difficult circumstances and challenges, but it focused on opening strategic projects in support of the national economy, especially operating the stalled factories in Nineveh, Kirkuk, Maysan and Basra, including the asphalt products plant in Maysan, which includes four production lines with a capacity of 100 thousand tons annually and is counted from The largest of the modern projects that have been implemented in partnership with the private sector.

He added that the ministry will implement and work on rehabilitating a group of vital projects during the next year, including the asphalt products plant in Bartella district in Nineveh governorate, operating an iron and steel factory in Basra, rehabilitating sugar factories in Maysan and Nineveh in cooperation with international companies, and implementing the (Al-Nebras) project for petrochemical industries in Basra.

Which produces one million and 800 thousand tons annually and provides more than 30 thousand job opportunities and achieves large financial revenues for the state treasury in the future, and the project's estimated cost is 8 billion dollars. https://ninanews.com/Website/News/Details?key=879133

To read more current and reliable Iraqi news please visit BondLady’s Corner:

 https://www.bondladyscorner.com/

An Incredible Year For Gold

An Incredible Year For Gold

Notes From The Field By Simon Black, Sovereign Man

 December 30, 2020  Sovereign Valley Farm, Chile

Gold has been one of the world's best performing asset classes over the past few years, and it has shined this year in particular. But while the financial gains have been impressive, I've long argued that the real reason to own gold goes far beyond making money.  As I've written before, I personally don't have much interest in trading paper money for gold, only to trade the gold for more paper money in the future.

To me, gold is like an insurance policy. You can buy insurance to protect your home, your car, and your family. You can buy 'put options' to protect your stock portfolio against major declines. You can buy credit default swaps to protect your bond portfolio against bankrupt governments.

But these are all known risks... things that we know -might- happen. We know that stocks might decline, or a house might catch fire.

But gold is like an insurance policy that covers all the true unknowns... things that we never see coming. And there were certainly a lot of those this year.

Below is an article that I wrote in early January of this year-- before Covid, riots, and the rest of the fiasco of 2020 took hold.

As I wrote:

"I know this is the time of year where people make all sorts of predictions about what’s going to happen in the year ahead.

Frankly I don’t think anyone can credibly say that they have any idea what’s going to happen in the world in 2020. And that’s why I own gold."

This statement remains absolutely true. Here is the full article:

The price of gold is up nearly $100 since Christmas, reaching around $1,575 per troy ounce as I write this letter.

This most recent price bump is due to the panic over Iran. But the gold price is up nearly 20% over the last year, so there have obviously been plenty of other factors driving the price higher before the Middle East started flaring up again.

And there will be plenty more after these tensions cool down.

Trade wars, economic crisis in China, Bolshevik nonsense in the US, Brexit woes… the world is definitely not lacking in major issues that could continue to drive gold prices higher.

Throughout history there have always been periods of relative calm and stability, followed by periods of chaos and uncertainty.

The 1960s were incredibly chaotic, for example. Riots, assassinations, war, etc. were the dominant stories of the time.

By comparison, the 1990s were relatively calm. Peace and prosperity reigned. And life was so easy that the biggest problem of the decade was Bill Clinton’s love stain.

We seem to be sliding head-first into another period of turmoil (though I would argue that we’ve been there for a few years).

Stability is gone. Trade wars, shooting wars, terror attacks… pretty much everything is back on the table now.

Bolshevik politicians are taking hold all over the world, even in places like the United States, where, only a few years ago, it would have been considered preposterous for a socialist candidate to run for President.

Now there’s more than a dozen.

Most of all, the Social Contract is breaking down; people everywhere are becoming angry and unglued. We’ve seen it in the streets in places like Hong Kong, Spain, Chile, Lebanon, France, etc. And we see it every single day in social media.

People are demanding change and revolution in everything from our basic system of economics, down to the very words we can and cannot use.

This is all part of a level of conflict and turmoil we haven’t seen in decades, and it’s possible we’re just in the early stages.

I somehow doubt that all of these woke social justice warriors will suddenly capitulate their war on gender pronouns, or that Bolshevik presidential candidates will abandon their Marxist ideology and embrace the free market.

Now, don’t get me wrong… I’m not suggesting this is the winter of our discontent. I’m incredibly optimistic about the world and it’s opportunities.

But I sure am glad that I own some gold.

It’s not the fact that the gold price is up $100 in a month, or that precious metals have performed very well as an asset class. (Silver is up 21% in the last six months alone.)

The investment benefits are a nice bonus. But the real value of gold is that it’s one of the best things to own in times of turmoil and uncertainty.

Gold is a global asset with a 5,000+ year history of value and marketability. It’s a hedge… an asset you can rely on when you can rely on little else.

In many respects it’s like a life insurance policy… with the added cherry-on-top that you don’t have to be dead to benefit from it. And your gold dealer is probably not going to give you prostate exam first.

I know this is the time of year where people make all sorts of predictions about what’s going to happen in the year ahead.

Frankly I don’t think anyone can credibly say that they have any idea what’s going to happen in the world in 2020. And that’s why I own gold.

To your freedom and prosperity, Simon Black, Founder, SovereignMan.com

https://www.sovereignman.com/articles/

TNT, Breitling, Santa Surfing and more ...Wednesday 12-30-2020

TNT:

Harambe:  NewsDay Zimbabwe: US wasting millions on Zim election process

 (12/30/20)

THE United States (US) Senate has predicted Zanu PF leader, President Emmerson Mngangagwa, would win the 2023 presidential election despite Washington pouring in millions of dollars to democratise the country.

In a darning 2020 Festivus report, presented to the US Upper House, senator Rand Paul on Monday accused the US Agency for International Development (USAID) of spending US$10 million taxpayers’ money on a futile attempt to help reform Zimbabwe’s political processes, especially elections.

He described the process as a waste of funds as they would not help unseat Mnangagwa whom he tips to retain the presidency by “hook or crook” in 2023.

According to Paul’s report, the Congressional Budget Office says the 2020 fiscal year deficit was an eye-watering US$3,1 trillion, with some expenditure traceable to COVID-19 related spending, but a lot of it was spent ostensibly without care on unnecessary programmes including “an already rigged 2023 forthcoming Zimbabwean election”.

The report went on to say although Mnangagwa promised to be a reformer on his ascension to power after the military removed long-serving ruler Robert Mugabe from power in a November 2017 coup — evidence on the ground suggested otherwise.

The US sponsors several non-governmental organisations to monitor the Zimbabwean elections in the hope that this could help instil confidence in the people of Zimbabwe. 

“Yet Uncle Sam wants to spend American taxpayer dollars to determine if the upcoming elections are, in fact, rigged. So the USAID is paying US$10 million in an effort to improve Zimbabwe’s political process. Will it all make any difference? Decades and decades of charges against Mugabes elections did not cause him to become more democratic, nor did they drive him from office. So why is the State Department spending $10 million so it can have something to wave around when it ultimately points its finger at Zimbabwe’s leadership and says, shame on you,” Paul said.

International watchdogs, including from the European Union, observed the 2018 general election and found substantial irregularities.

Observers alleged Mnangagwa’s party distributed food and agricultural supplies in exchange for political support, doctored vote totals, and engaged in voter intimidation, among other tactics. 

It is also alleged in the report that Mnangagwa’s attempt to project himself as a reformer on the international stage was a mere stunt as his human rights record was just as bad as Mugabe’s.

“Mr Mnangagwa’s opponents now fear he is more dangerous than his predecessor. In his first 21 months in office, Mnangagwa had already imprisoned more people for subversion than Mugabe did in 37 years,” Paul’s report read.

The Zimbabwe Electoral Commission (Zec) was not spared the rod in the report as it was also accused of failures to be inclusive and transparent leading to accusations that the commission was politically biased. “It seems retribution was not just limited to opposition politicians. In the wake of the elections, Foreign Policy reported on soldiers firing live ammunition at unarmed civilians protesting the Zimbabwe Electoral Commissions failure to announce the outcome of the country’s July 30 2018 presidential election in a timely fashion, as well as on-going reports of soldiers beating and abducting civilians in the suburbs surrounding the country’s capital Harare is a hotbed of opposition politics,” the report stated. 

“Shortly after the 2018 election, police reportedly raided MDC Alliance headquarters arrested 27 people and took away computers. Security forces issued warrants of arrest to MDC prime ministerial candidate Nelson Chamisa and the party’s leaders although Chamisa himself was not arrested for instigating violence.

Paul further submitted in the report that Mnangagwa tended to turn to the military, which helped him initially gain power, to keep the population in check, rather than depend on militias and police as Mugabe did.

The report further urged the US government to withdraw funding related to Zimbabwe’s elections and to refrain from observing the polls and rely on the European Union for information.

“But if the US doesn’t pay for people to observe the election to take place in 2023, how will we know how bad the situation is? Well, perhaps we could rely on the European Union. It seems as though this differentiation is a bit of a distinction without a difference,” Paul argued.

The piece went on to state that there was no hope for political reform in Harare given that the change of power from Mugabe to Mnangagwa has brought just about the same result: a repressive government that has a dangerously low tolerance for dissent.

https://www.newsday.co.zw/2020/12/us-wasting-millions-on-zim-election-process-report/

 **********

Courtesy of Dinar Guru

Breitling  If you look at the Saddam Hussein era the currency was worth $3.25 cents...How many people were buying Iraq's energy?  It was a lot but it's not as much as it is today...$3.25 with less customers!  You understand what Iraq can do...Iraq needs to sell energy through the U.S. dollar and at the same time add value to their currency.  Those are different markets.  They have to add value to their currency as a policy so they can create the markets...If you look at it through that direction it's crystal clear.  [Post 1 of 2]

Breitling  This last year they kept talking about adding value to their currency and complying with what Trump's trying to do...the next thing you know they devalue it.  What are they doing?  They're trying to negotiate because they're on the edge of doing this.  They want to devalue their currency so they can pay off debt - get the payments down...then they're going to start adding value to their currency.  Iraq needs to get out from under the U.S. dollar... adding value to their currency there's more than one path...it's very simple.  It's a policy based investment.  [Post 2 of 2]

Treasury and IRS Begin Delivering Second Round of Economic Impact Payments

U.S. Treasury Department
Office of Public Affairs

Press Release: December 29, 2020
Contact: Treasury Public Affairs, (202) 622-2960

Treasury and IRS Begin Delivering the Second Round of Economic Impact Payments to Millions of Americans

WASHINGTON – Today, the Treasury Department and the Internal Revenue Service will begin delivering a second round of Economic Impact Payments to millions of Americans as part of the implementation of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021. The initial direct deposit payments may begin arriving as early as tonight for some and will continue into next week. Paper checks will begin to be mailed tomorrow, Wednesday, December 30. This second round of payments will provide critical economic support to those who, through no fault of their own, have been adversely impacted by the COVID-19 pandemic.

“Treasury and the IRS are working with unprecedented speed to issue a second round of Economic Impact Payments to eligible Americans and their families,” said Secretary Steven T. Mnuchin. “These payments are an integral part of our commitment to providing vital additional economic relief to the American people during this unprecedented time.”

Eligible individuals will receive an Economic Impact Payment of up to $600 for individuals or $1200 for married couples and up to $600 for each qualifying child. Generally, if you have adjusted gross income for 2019 up to $75,000 for individuals and up to $150,000 for married couples filing joint returns and surviving spouses, you will receive the full amount of the second payment. For filers with income above those amounts, the payment amount is reduced.

This second round of payments will be distributed automatically, with no action required for eligible individuals. If additional legislation is enacted to provide for an increased amount, Economic Impact Payments that have been issued will be topped up as quickly as possible.

The swift issuance of this second round of payments follows the successful delivery of more than $270 billion in CARES Act Economic Impact Payments earlier this year, providing crucial economic support to nearly 160 million Americans.

Later this week, you may check the status of your payment at IRS.gov/GetMyPayment. For more information about Economic Impact Payments, please visit IRS.gov/EIP.

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

Santa Surfing

Nesara/Gesara and Debt Forgiveness rollout starts soon……….

12/29/2020 –

We have been told that debt forgiveness WORLDWIDE begins the end of this year, but that is the START OF THE ROLL OUT.  To give clarification, a roll out of anything takes time.  While some people have already had their debts eliminated, others are waiting (including myself).  

QFS roll out had to go through its testing stages. During the testing stages, QFS eliminated lots of debt.   It had to run simultaneous to the Fiat system.   It isn't an easy roll out.  

Barring any glitches, the QFS is the new Digital Banking system. I was told that we would know when QFS is in play when our banking system is fully digitized.   Global Currency Reset (GCR) and NESARA are separate yet inter dependent on each other.

This clarification is for those that are expecting a January 1, 2021 debt elimination.  I never quote specific dates.  If anyone wants to continue calling me out for a specific date, by all means, find the information that information.

Read Transcript here:  https://beachbroadcast.com/whats-happening/f/dan-dolphins-senate-blocks-bill-but-watch-how-this-plays-out

https://youtu.be/8EHTWwhVYdU?t=5

"Coffee with MarkZ" Wednesday Morning Chat 12-30-2020

Emailed to Recaps:

MarkZ Wednesday 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

MZ: News is a nothing-burger today in the financial world.  We still have a lot of chatter from Zurich, Europe and London that we may see bond exchanges or swaps starting tomorrow 

MZ: Not hearing anything from Reno or Asia. The middle east is painfully quiet.

MZ: Iraq is shutting down a lot of oil and energy to Iran. They are still positioned for it…..Kuwait, Jordan and a number of countries over there have shut down their borders in preparation for something. They are checking the amount of currencies you have at the borders. 

MZ: things are happening in the middle east we just do not know the timing at this point.

Member: why is Iraq closing its borders?

MZ: Preparation….we saw Kuwait did the same thing before its RV. I think they are preparing to change its value in a meaningful, significant way.

Member:  I heard Iraq has changed their Fiscal year to March/April...

Member:  Wow....History in the making and we are a part of it!!!

ISAAC Dec 29 Just finished 2 calls and both told me the same. If nothing happens tomorrow or Thursday to go to Zurich, they will have to go the 6 of Jan. It is very positive.

ISAAC SAYS -- That is a very important buyer and trust me he is very influential

MZ: The $600 stimulus has already started going out and many have already gotten their direct deposits. Now we need a vote in the Senate…….they did a competing bill there including the 230 reform in it…….they expect to have passed additional stimulus by the end of the week….and $2000 to be the total number..sending the $1400 difference within days. I believe the $2000 will pass.

Member: Section 230 is protection against deep state propaganda….

MZ: yes it is. We need section 230

Member:If it passes….it  means we can sue facebook, google, twitter for taking down our sites for no reason except they don’t like what we say.

Member:  Some may receive a check  or debit card instead of direct deposit for $600…according to article on yahoo…..

Mod:  McConnell Introduces HIS OWN Bill Repealing Section 230…Giving Americans $2K Stimulus Checks https://thepalmierireport.com/mcconnell-introduces-bill-repealing-section-230-2k-stimulus-checks/

Member: Anyone listen to Quantum Shift last night....Wow!!  Type in the search engine....quantum shift with Dr Sam Muggzi and click on it when it pops up

Member:  Hey does anyone know what President Trump was talking about when he said Something big is happening January 1st?

Member:  Trump vid from September saying surprise Jan 1

Member:  Trump says major change 01/01/21

Member:  MAYBE NESARA WILL ROLL OUT 1/1/21?

Member:  GUYS ALL THIS HAS BEEN FINISH THEY ARE SLOWLY RED PILLING AMERICA …. if you use critical thinking the RV means the war has been won and you get to go and get the booty from the chest of gold

Member:  Trump is the head of the Military NOT THE SUPREME COURT. The military is sworn to protect us. I predict you will see history in the next 30 days. Antiffa and Blm are NOTHING.

Member: Is there a chance for the RV Sunday or Monday?

MZ: There is a chance…..there is a battle going on….Iraq is hoping for a new rate by the 31st…..which is a day away….There is a lot of chatter in the bond world….for tomorrow…..we are starting to see runaway inflation…..we are seeing an erosion of faith in the dollar and that is really key….when that faith in the fiat currency is gone….they have no choice but to push it….it has been a dance to pin as much of the old debt as possible on it …a debt they have no intention of paying….we have been on the razors edge of this happening for far too long…..is this the perfect storm???

Member: Is the stimulus to distract people from the RV release?

MZ: Mr. C and I had been looking for 2 rounds of stimulus or helicopter money before they released the RV so that people would have funds to last through the transition because the banking system may have some hiccups during the reset…..so my thoughts were that sometime after the second stimulus we would reset.

Member:   So will all currency be crypto??

MZ:  we believe 98% of currency will be digital. But think about it, that is already true. But it will be asset backed.

Member: We all know the deep state are all slime….lets go ahead and release the RV

Member:  I hear 39000 children saved from DUMBS in New Mexico over weekend

Member:  got Alot friends in the military here in San diego they been fighting south of TJ in the hills with the blessing of Mexico lots of marines getting combat exp

Member:  military planes flying over on Tampa Bay

Member: Does the presidency have to be resolved before we see the RV?

MZ: I would think they would want to know what the end game is on that……we have had a lot of disclosure…the msm isn’t reporting a lot of that……so I do not know what to tell you on that.

MZ: The 3 largest markets in the world are a complete mess right now….China is locking down entire provinces again…mass flooding…..China is becoming unglued…….China being in such a mess is part of what will push us into a Global Currency reset.

Member: I cannot wait for 2020 to end…..

LIVING RM Lynette Zang: Currency Reset has begun https://youtu.be/Ih5a5x44rg0?t=8

Member:  The Creature from Jekyll Island: A Second Look at the Federal Reserve…This is the classic exposé of the Fed that has become one of the best-selling books in its category of all time. Where does money come from? Where does it go? Who makes it?

MZ:  https://youtu.be/K1TGFCLx-dk Audio book. Creature from Jekyll Island.

MZ: https://youtu.be/yz8ymvqUMrU Crypto currency history

DEE’S ECONOMICS – News posted daily https://t.me/joinchat/JrH1jk23r6dq3MtYiipTfw

MZ:  https://t.me/joinchat/N7wgilYBsF6-YNUYnmk6Jw CMKM/CMKX telegram

CBD Guru and Dr. Rich joined the stream at about the 30 minute mark…….

Mod:  Every Situation in life is temporary, So when Life is Good, Make Sure you enjoy it, and when life is NOT so Good, Remember that it Will NOT LAST Forever and BETTER Days are Ahead!

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

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

The next scheduled stream is Thursday 10AM 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:  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

Mod:  THANK YOU, SNAKE, PLANNING QUESTIONNAIRE: https://www.mmbb.org/docs/FinancialPlanningQuestionnaire.pdf

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

MarkZ : https://markz.team/

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 WELCOME TEAM WILL GREET YOU CLICK THE ENTRANCE DOOR LINK 2) https://t.me/joinchat/JrH1jlOe9REFsFnwexWHJw

Note: Please listen to the replay for all the details….

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

Youtube:     https://www.youtube.com/watch?v=c0xDR0sq8-U

Restored Republic via a GCR- Rumors as of Wed. Dec. 30, 2020

Note: All intel should be considered as "Rumors" until we are making exchange appointments...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

Thank you Judy

Restored Republic via a GCR: Update as of Wed. 30 Dec. 2020

Compiled Wed. 30 Dec. 2020 at 12:01 am EST by Judy Byington

Judy Note: According to the latest report from our Military Intel Contact the RV rollout remained on track for a Tier 4B (we of the Internet Group) start sometime in the second half of this week.

Tier 4B would be given at least 7-8 days to do Zim redemption and exchange foreign currencies at the special rates.

After Tier 4B completed, the general public would be notified that they could exchange foreign currencies at the new International Rates.

On Christmas Day Fri 25 Dec, the St Germaine and Rodriguez Trusts started to pay out large tranches to the Global Collateral Accounts and US Treasury.

This past weekend banks across the globe implemented the Global Currency Reset.

By Christmas Eve Thurs. 24 Dec the Cabal’s SWIFT system was no longer functional, Bond redemption had finished and banks worldwide were moved onto the Quantum Financial System.

MarkZ reported that Paymasters were told to be back to work on Mon. 28 Dec.

Within days from now 209 nations of the world including the US, were expected to implement GESARA and debt forgiveness, all having placed their gold/asset-backed currencies at a 1:1 par with each other.

As soon as we obtained a Safe Link Website used to obtain an appointment to exchange/ redeem, it would be posted on various Dinar sites.

[D]eep State Swamp Creatures who have been fighting the RV and NESARA/ GESARA release with Scamdemic and Election Fraud, were being exposed.

This week should be full of major disclosure and declassification revelations. The first was a Wikileaks dump on Sun. 27 Dec: https://file.wikileaks.org/file/

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

A. Tues. late afternoon 29 Dec. 2020 Fleming’s Military Intel Contact:

1. We were still looking at the Tier 4B start sometime in the second half of this week.

2. Some Military Spec Op (SOF) missions had to be completed first.

3. Missions of arresting and taking out [D]eep State bad guys have been underway in response to the Nashville bomb last Fri. 25 Dec.

4. That Nashville incident was an overt threat by [D]eep State half-wits to the RV release.

5. Bombing the RV recreational vehicle used in the incident was an unmistakable reference to the RV, and the bombing of the RV was a threat to POTUS if he continued to release the RV.

6. Our Military Intel Contact said the threat won’t work because the RV was still being released.

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

B. Tues. 29 Dec. 2020 The Big Call, Bruce: Thebigcall.net 712-770-4016 pin123456#

1. Mon. and Tues. 28, 29 Dec. friends and family members of the bank exchanged currencies that were SKR’d – that won’t be liquid until Tier 4B goes.

2. Paymasters were paying out their groups overnight tonight or overnight tomorrow. They would have access to 1% either tomorrow Wed. 30 Dec. or Thurs. 31 Dec.

3. Other groups would be paid out and would have access by Fri. 1 Jan.

4. Tier 4B would possibly go Mon, Tues. or Wed. 4, 5, 6 Jan. 2021 next week.

5. Translators would start next week.

6. Iraq would have another new rate this coming weekend.

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

C19 Hoax:

First Case of New CCP Virus Strain Discovered in Colorado: https://www.theepochtimes.com/us-confirms-first-case-of-the-new-ccp-virus-strain-discovered-in-uk_3636068.html?utm_source=newsnoe&utm_medium=email&utm_campaign=breaking-2020-12-29-4

Stanford, Cornell and five other California university labs “found C19 imaginary, fictitious, not a virus and were suing the CDC for Covid Fraud,” Rob Oswald, PhD in virology and immunology, Cornell University: https://www.vet.cornell.edu/research/faculty/robert-oswald-phd

“So what we're dealing with is just another flu strain like every year, C19 does not exist and is fictitious. I believe China and the globalists orchestrated this COVID hoax (the flu disguised as a novel virus) to bring in global tyranny and a worldwide police totalitarian surveillance state, and this plot included massive Election Fraud.

"I have a PhD in virology and immunology. I'm a clinical lab scientist and have tested 1500 "supposed" positive C19 samples collected here in S. California. When my lab team and I did the testing through Koch's postulates and observation under a SEM (scanning electron microscope), we found NO Covid in any of the 1500 samples. What we found was that all of the 1500 samples were mostly Influenza A and some were influenza B, but not a single case of Covid, and we did not use the B.S. PCR test.

“We then sent the remainder of the samples to Stanford, Cornell, and a few of the University of California labs and they found the same results as we did, NO COVID. They found influenza A and B. All of us then spoke to the CDC and asked for viable samples of COVID, which CDC said they could not provide as they did not have any samples.

“We have now come to the firm conclusion through all our research and lab work, that the C19 was imaginary and fictitious. The flu was called Covid and most of the 225,000 dead were dead through co-morbidities such as heart disease, cancer, diabetes, emphysema etc. and they then got the flu which further weakened their immune system and they died. I have yet to find a single viable sample of C19 to work with.

“We at the seven universities that did the lab tests on these 1500 samples are now suing the CDC for C19 fraud. The CDC has yet to send us a single viable, isolated and purified sample of C19. If they can't or won't send us a viable sample, I say there is no C19, it is fictitious. The four research papers that do describe the genomic extracts of the C19 virus never were successful in isolating and purifying the samples. All the four papers written on C19 only describe small bits of RNA which were only 37 to 40 base pairs long which is NOT A VIRUS. A viral genome is typically 30,000 to 40,000 base pairs.

“With as bad as Covid is supposed to be all over the place, how come no one in any lab worldwide has ever isolated and purified this virus in its entirety? That's because they've never really found the virus, all they've ever found was small pieces of RNA which were never identified as the virus anyway.”

Please report suspected Sat*anic activities to your local law enforcement. Since Sat*anists were known to infiltrate police departments, cover your tracks by also contacting U.S. Immigration and Customs Enforcement (ICE): https://www.ice.gov/webform/hsi-tip-form, call the National Human Traffic*king Hotline at 1-888-373-7888 and contact the Federal Human Traffic*king Website: https://www.state.gov/humantrafficking/

If you wished to join the effort in saving children from international se*x traffic*king, contact Tim Ballard at Operation Underground Railroad and/ or the non-profit Saving Innocence. https://ourrescue.org/ https://savinginnocence.org https://www.youtube.com/watch?v=FT4tmI8YxCU&feature=emb_rel_end

The GCR and NESARA/GESARA Was All About the Children

It’s not about the money. It’s about the children – the thousands of malnourished and traumatized chi*ldren who, in honor of Sat*an, were being raped and murdered so their Elite Perpetrators could supposedly gain power and rule the world. The first official act President Trump made the morning before he was sworn into office, was to pay a visit to CIA Headquarters and declare a war on an international Chi*ld Se*x Traffic*king Ring run by global elites. Let us fast and pray for these little ones who were now being rescued from Cabal underground tunnels across the globe, and tortured and ki*lled by Sat*anic Covens right next door. Let us also pray for those Military Troops worldwide who were risking their own lives to save them. The ancient doctrine of Fasting and Prayer was explained here at the 10:30:32 mark: https://www.youtube.com/watch?v=4Mb9gU6DmKs

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

Judy Note: I do not now, nor have I ever, received monies for writing my Updates and articles. The compensation has been in having outlets to help Save the Children by exposing truths about the very secretive [S]atanic [R]itual [A]buse, Pedo*philia and Chi*ld Sac*rifice that was rampant in our international society.

The above was a summary of information from the Internet. It would be up to the reader to do their own research and decide whether or not it was valid. A huge Thank You to those dedicated and brave Intel providers who wished to remain unknown; to humble Wildfire Lady who was adept at exposing the truth; to Martha who worked around the clock to discern what was real in the fake news; to Brad who did great research; to Ken who uncovered almost unlimited Intel on pedo*philia to help us Save the Children and to Bonni B who exposes the underlying causes of what is really happening.

Divide They Try, Fail They Will; WWG1WGA to Support POTUS, Follow Q & Trust Plan

I will send the Safe Link Website out when I find out what it is, plus it will be posted on several Dinar Websites. It is my understanding that by linking into the Safe Link Website it would generate a Non Disclosure Agreement to agree to in order to get appointments.

After signing that Non Disclosure I will be unable to email, post or talk to anyone about the exchange process for 90 days, so I will be going silent and taking those 90 days to get my humanitarian project organized and going. This was not a goodbye. I expected to be working with many of you in the near future. I can't tell you how much I have enjoyed getting to know all of you. You will remain in my heart forever.

Let us Thank Q that the reset has finally come to be. I wish you well in your humanitarian efforts and look forward to seeing you on the other side where together, we will make life better for all.

Patience is a Virtue. Having Virtue is a sign of a good moral being. Good moral beings have the power to overcome evil and change the world. Judy

Courtesy of Dinar Chronicles

Read full post here:https://inteldinarchronicles.blogspot.com/2020/12/restored-republic-via-gcr-update-as-of_30.html

When Will Your Second Stimulus Check Arrive?

When Will Your Second Stimulus Check Arrive? It May Already Be On Its Way

Tue, December 29, 2020, 8:49 PM EST  Kiplinger

When are second stimulus checks coming? Now! On Tuesday, the IRS announced that it has already begun delivering second-round stimulus checks to millions of Americans who received a first-round payment earlier this year. In fact, initial direct deposit payments could arrive as early as Tuesday night for some people. Electronic payments will then continue into next week. Note, however, that you could see a direct deposit payment as pending or as a provisional payment in your accounts before the official payment date of January 4, 2021.

• SEE MORE Second Stimulus Check Calculator

If you don't receive a direct deposit by early January, watch your mail for either a paper check or a debit card. The IRS will start mailing paper checks on Wednesday, December 30. To speed up delivery, a limited number of people will receive their second stimulus payment by debit card.

But the form of payment for your second stimulus check may be different than your first payment. Some people who received a paper check last time might receive a debit card this time, and some people who received a debit card last time could receive a paper check.

If you receive a debit card, don't throw it out thinking it's junk mail! The debit cards will be issued by MetaBank, and they will arrive in a white envelope that prominently displays the U.S. Treasury Department's seal. The Visa name will be on the front of the card, and it will say "MetaBank" on the back. More information about these cards is available at EIPcard.com.

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

https://www.yahoo.com/finance/news/second-stimulus-check-arrive-may-014940904.html