Early Thursday AM Iraq News 3-31-22

Early Thursday AM Iraq News 3-31-22

Until Article 140 Of The Constitution Is Implemented, A Parliamentary Request To Stop The Transfer Of Souls To Khanaqin District (Document)

03/31/2022   Earth News/ Representative from Diyala Governorate, Suzan Mansour Karam, submitted today, Thursday, a parliamentary request to stop the transfer of souls to Khanaqin district.

According to a document issued by the representative’s office, DTT to Earth News, “Please kindly agree to close the electronic souls transfer form affiliated to the website of the Directorate of Civil Status, Passports and Residence and instruct the Directorate of Civil Status, Passports and Residence / Diyala to wait in issuing orders for the transfer of souls temporarily to Khanaqin district and its sub-districts (Jalawla, Saadia, Jbara, Qirtabah, Mandali) then the implementation of Article (140) of the Iraqi constitution for the aforementioned areas.

And she added, "These areas are subject to the provisions and decisions of the Prime Minister / Committee for the Implementation of Article (140) of the Iraqi constitution, and where approvals for the transfer of souls are considered a violation of the constitution and the text of the aforementioned article, through which the demographic change of the areas referred to above takes place."   LINK

"Legal Violation And Financial Disaster" .. Parliament Intends To Legislate A Mini-Budget

March 30, 2022   Ultra Iraq - Editorial Team

On Monday, March 28, 2022, the Iraqi parliament completed its second reading of a 9-paragraph draft law whose name has not yet been decided. It was titled “Supporting Food Security, Development, Financial Precaution and Poverty Alleviation” and for the purposes of this law it is called “the Account”.

35% of the account is financed to achieve food security and reduce poverty. This includes the ration card, the purchase of wheat and rye crops, and the payment of farmers' dues.

The reasons for the draft law stated that it was initiated “in order to achieve food security, reduce poverty, achieve financial stability in light of urgent global developments, continue to provide services to citizens and raise the standard of living for them after the budget law expires, create job opportunities, and maximize Iraqis’ benefit from state resources and advance development.” The resumption of work on stalled and lagging projects due to lack of funding and the progression of new projects of importance.”

Read also:  Nearly $9 billion in Iraq's oil revenues last February

Funding the account was assigned to the funds in the accounts of the Ministry of Finance in excess of the total amounts of expenditures, "with no more than 25 trillion Iraqi dinars", in addition to grants, subsidies and loans, but the Finance Committee voted to cancel the loans clause later.

Funding is carried out on a monthly, quarterly or annual basis, at a rate of "35% to achieve food security and reduce poverty. This includes the ration card, the purchase of wheat and rye crops, and the payment of farmers' dues for previous seasons, with the approval of the Council of Ministers."

Amounts are also being distributed in the same proportion to "priority projects that are stalled and lagging due to lack of funding", and "necessary new service projects whose cost does not exceed 20 billion Iraqi dinars."

The other ratios were as follows:

 10% to enhance the preventive liquidity of the public treasury.

10% repayment of external debt, gas import debt, and energy purchase.

5% of the cost of producing crude oil.

5% of emergency expenses at the suggestion of the Minister of Finance and the approval of the Council of Ministers.

mini balancing

“Nothing in the law has anything to do with food security,” economist Mustafa Hantoush believes, “except for the paragraph that stipulates allocating 35% of the state’s 25 trillion surplus oil revenues, and excluding it from Article 6/1 Financial Management Law No. 6 for the year 2019", as it puts in this account "up to 25 trillion, 35% of which can finance the ration card and others, and 65% of it goes to service works or municipal projects."

An economist believes that the law has nothing to do with food security, but rather a mini budget law

In an interview with Ultra Iraq, Hantoush says, "This law has nothing to do with food security, but rather a mini budget law," wondering about its purpose.

The economist points out, "the lack of experience of the new financial committee, and some of them may be satisfied with some simple commissions, and this law may pass them easily," as he put it.

He adds, "We saw some members of the Finance Committee happy with this law, and he did not understand that such a law needs a schedule of investment projects, and each project and its completion rates, or its strategic importance, or does the project serve the country."

The expert confirms that "this is a mini budget law, as there is no budget for 2022, and the oil surpluses that were achieved as a result of the price hike will be consumed in vague projects, which the Ministry of Planning will rely on to enter into work without clarity of strategic vision, but it seems that the lack of experience of the new committee, prompted The Council of Ministers does not have the right to send a mini budget law.”

Hantoush considered the law's passage a "financial disaster", as "25 trillion will go directly to thousands of lagging projects."

A deputy from the Sadrist bloc says that the Emergency Support Law for Food Security and Development will provide new job opportunities

Hantoush believes that the law "neglected an important paragraph, as the law of the General Company for Central Markets (67 Central), which represents the basis for achieving food security, this company, worth 3 trillion dollars, has been neglected for 18 years, and this law did not address it, so what food security is this?"

Likewise, “the law did not address the establishment of a strategic treasury for a period of 6 months, and it only cost 5 trillion,” Hantoush explains, and says: With the central markets and warehousing, we need 5 trillion, as well as farmers’ dues and support for the agricultural initiative, we need 8 trillion, so what is the need for 25 trillion? ?".

The law creates jobs!

On the other hand, the representative of  the Sadrist bloc, Ibtisam Al-Tamimi, says that the law of emergency support for food security and development will provide new job opportunities, alleviate poverty and maximize citizens' benefit from state resources.

As the first law that Parliament seeks to legislate, according to Al-Tamimi, it will ensure "creating new job opportunities, resuming work on stalled and lagging projects, and launching new ones, and it will work to achieve financial stability, provide food security, and advance development."

Al-Tamimi confirmed in a press interview followed by “Ultra Iraq” that “the essence of the bill is related to giving the authority to spend to achieve food security and in a manner that does not contradict the budget law,” noting that “it will be presented for a vote on it after submitting a report by the Finance Committee of the House of Representatives due to the delay in approving the 2022 budget. ".

'The law is illegal'

In the event that the tripartite coalition in the House of Representatives fails to pass its candidate for the presidency, this law - when enacted - will be at the disposal of the caretaker government headed by Mustafa Al-Kazemi.

The draft law on financial support for food security and development is against the constitution, according to two lawmakers

The current government is considered a caretaker government according to the constitution, which is "a description that gives the government the right to take decisions and measures that cannot be postponed, which would ensure the regular and steady work of state institutions and public utilities."

Legal expert Hayyan Al-Khayat explains about the government’s powers: “It does not include, for example, proposing draft laws, contracting loans, appointing and exempting senior positions in the state, or restructuring ministries and departments. This is what is stated in Article 42/Second of the Cabinet’s internal system for the year 2019".

In sum, Al-Khayyat said in an interview with Ultra Iraq, that this "makes the draft law on financial support for food security and development unconstitutional, and should be repealed by the Federal Supreme Court if it is legislated."

Former member of the Legal Committee Hussein Al-Aqabi agrees with the legal expert by saying, "There is no constitutional basis for the government to send laws to Parliament."

Al-Uqabi added in a television interview, followed by "Ultra Iraq", that "the surplus funds were supposed to cover the budget deficit," stressing that "the emergency food support law has no constitutional basis." LINK

Washington Praises Barzani's Role And Stresses: We Want A Strong Iraqi Government

Shafaq News/ Kurdish leader Masoud Barzani discussed with the US ambassador to Iraq Matthew Tueller today, Wednesday, the political process and steps to form the new Iraqi government, while Tueller stressed that Washington wants a strong Iraqi government.

A statement by Barzani's headquarters, received by Shafaq News Agency, said that "the head of the Democratic Party, Massoud Barzani, received the US ambassador to Baghdad, Matthew Tueller and his accompanying delegation, where Tueller reiterated his country's support for the stability of the Kurdistan Region and Iraq."

The US ambassador stressed that "the United States wants the next Iraqi government to be a strong government, and he valued Barzani's role in establishing the Kurdistan Region, the new Iraq, and the Iraqi political process."

The statement added; In another aspect of this meeting, views were exchanged on the challenges and obstacles facing the political process and pressure on political parties to disrupt the implementation of constitutional and democratic procedures in the Iraqi political process.

Regarding the Iraqi political crisis, Barzani said, "In order to correct the situation in Iraq, the parliament and other institutions must carry out their normal duties and implement the principles of partnership, balance and the constitution, away from any pressure."

On the other hand, Masoud Barzani received on Wednesday Luxembourg Foreign Minister Jean Asselborn. A statement by Barzani's headquarters, received by Shafaq News Agency, said, "In the meeting, views were exchanged on the political situation in Iraq and the region, various crises, and the causes and expected results of the war between Russia and Ukraine."

With regard to the situation in Iraq, the two sides expressed their hope that the obstacles to the political process in Iraq will be removed and that the next Iraqi government will be responsible for the problems and the implementation of the provisions of the constitution.  The situation of Yazidis and refugees in Sinjar was another focus of the meeting, according to the statement.   LINK

The Iraqi Parliament Issues A Clarification Regarding The Number Of Members Attending The Presidential Election Session: 202

Shafaq News/ Parliament Rapporteur, Representative Baida Khader Al-Salman, denied on Thursday the circulating news that was falsely attributed to her about last Saturday's session that the attendance of the session did not exceed 200 deputies.

Al-Salman said in a statement today, "We categorically deny these lies that have been attributed to us about the manipulation of the numbers of representatives present at that session by the Presidency and the House of Representatives' decision-makers."

She explained that the number of deputies attending last Saturday's session, which was officially audited, is (202) members.

She explained, "The purpose of publishing this false news at this time is to shuffle the papers."

Al-Salman also called on the media to be "accurate and credible," saying: We will legally pursue all sites and parties that propagate such lies and allegations unjustly.

For the third time in a row, the Iraqi parliament failed to hold a session to elect the country's new president.

After the failure of a first attempt on February 7 last, the Iraqi parliament announced last Saturday that it was unable again to elect a president of the republic, due to the lack of a quorum of two-thirds (more than 220 deputies out of 329) due to the boycott of the coordination framework that represents prominent Shiite parties, such as the “Dawla” bloc. The Law” headed by former Prime Minister Nuri al-Maliki, and the “Al-Fateh” coalition, the umbrella under which the pro-Iranian Popular Mobilization factions belong.

There are forty candidates for the presidency of the republic, but the actual competition is limited to two figures representing the two most prominent Kurdish parties: the current president since 2018 Barham Salih, the candidate of the Patriotic Union of Kurdistan, and Reber Ahmed, the candidate of the Kurdistan Democratic Party. It is assumed that the candidate gets the votes of two-thirds of the House of Representatives to win.

In addition, an informed source revealed to Shafaq News Agency that "among the paragraphs of the framework initiative to be presented is naming a prime minister who is acceptable to all, and distributing ministerial portfolios according to the electoral maturity only."

Today, Wednesday, the Shiite coordination framework announced an initiative to address the blockage in the political process, noting that the tripartite alliance did not present an initiative that would ensure the political process from collapsing. LINK

A Brief History of American Money

A Brief History of American Money

by Brandon Chase | Mar 28, 2022

Since time immemorial, humans have used items of perceived value to exchange for goods and services. Shells, stones, gold, gems, paper, and even lines of code as a digital currency are used to establish a common medium of exchange that is predicated on trust — if everyone agrees that a $100 bill is worth $100 then the system works, otherwise it is useless.

Last fall during a trip to Virginia, we stopped into the American Civil War Museum in Richmond. Among the many well-crafted displays was an excellent exhibit on the history of American money and how the currency we know and use today began as a result of the war.

The American Civil War

The dollars we use in America today are a direct byproduct of the Civil War. To raise money for the campaign, the U.S. Government had limited options: borrowing from banks, taxing citizens, printing money, and confiscating property. They settled on a mixture of taxation (3% income tax on those earning more than $8,000 per year), borrowing ($150 million from Congress in 1861), and printing money.

The U.S. Treasury soon began to issue paper bills, known as “greenbacks”, that were claimed to have a certain value (as opposed to notes backed by gold or silver). Before the war, no such currency existed and instead hundreds of different banks printed their own money. With no regulation or central authority, “wild cat” bankers often defrauded the public by issuing notes that could not be redeemed for value as advertised. This led to widespread mistrust of the banking industry and a fierce debate about the safety and fairness of the financial system.

Bank note from Pennsylvania, c. 1859 – before the Treasury began issuing greenbacks.

To gain public trust in greenbacks, the U.S. Treasury incorporated several features into the notes to inspire faith and foil counterfeiters including:

A portrait of Secretary Salmon P. Chase (no relation)

Permeating the notes with chromium oxide, giving them their green color, to prevent counterfeiting by photography

Intricate engravings to make duplication more difficult

The phrase regarding the note’s status as “legal tender”, which relied on the U.S. Government’s promise of its value


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

https://www.gocurrycracker.com/a-brief-history-of-american-money/

News, Rumors and Opinions Wednesday PM 3-30-2022

KTFA:

Samson:  The Central Bank decides to prevent the use of cards and electronic wallets for the purpose of speculation and trading in digital currencies

30th March, 2022

Today, Wednesday, the Central Bank of Iraq decided to ban the use of cards and electronic wallets for the purpose of speculation and trading in digital currencies of all kinds.

The Central Bank of Iraq called on all authorized banks and non-bank financial institutions to educate customers and warn them of the risks of trading in digital, encrypted and virtual currencies, in order to ensure the optimal application of the due diligence procedures referred to in the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015 and the instructions issued thereunder.

It is noteworthy that the Central Bank of Iraq, on 11/11/2021, warned against dealing with digital currencies, given the great risks associated with these currencies and their lack of any legal, regulatory or technical controls or legislation in Iraq. 

Central Bank of Iraq  information Office 

30-March-2022   LINK

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TNT:

Tishwash:  US analysis: Iraq is heading towards the abyss because of its political elite

A political analysis published by the American "Carnegie Endowment for Research" considered that the path to reform is still "rugged" and that Iraq is heading towards "failure in a fragile state." A huge effort and decades to get done,” he emphasized the country's lack of a responsible political elite willing to set aside its differences for the public interest.

In an analysis, the institute said, "There is a bleak picture of the situation in Iraq, the path to reform is still bumpy, and the country is on the path of deterioration."

The American Institute stated, "Iraq is still a fragile state and is heading towards failure," noting that "this country has witnessed three devastating wars in three decades in addition to international sanctions, sectarian war and foreign influence, and with the fall of Saddam Hussein's statues, Iraq found itself in a more severe situation. Difficulty, as some bet on dividing it on sectarian and ethnic grounds, even if Iraq had disappointed these expectations.

He pointed out that "Iraq's fragility and its worsening problems are not new," noting that "the leader of the Sadrist movement, Muqtada al-Sadr, pledged to introduce major changes and to move away from political norms in the formation of national unity governments, where the spoils are shared by parties representing sects, races and religions," and according to the institute, "This Tradition is among the main causes of corruption and social division in Iraq."

The US report explains, "Al-Sadr, in return, seeks to form a national majority government that can begin implementing reforms, including limiting militia control, fighting corruption, curbing external influence, and neutralizing Iraq over regional disputes."

In his reading, the American Institute asked, "Will al-Sadr succeed in his endeavor?", explaining that "he will face many challenges, as even if he is able to form a majority government, achieving more change will require an uphill battle because reform is a very difficult task." It requires a tremendous effort, and some aspects of this reform may require decades to be accomplished."

The report enumerated a set of these obstacles that Al-Sadr will face, among them “the government’s ability to continue, as the recovery plan requires the approval of most political players, while political consensus is rare in Iraq, and therefore forming and maintaining a majority with other political parties is a matter of shadowing.” doubts."

The report also pointed to “the problem of choosing a new president for the republic, as al-Sadr is unable to muster the votes needed to elect him, while it is also unlikely that Iran will relinquish its influence in Iraq.” Its agents are in the government, which would reduce the chances of al-Sadr forming a majority government," according to the report's description.

The report expressed "doubts that Al-Sadr will be able to convince his political opponents of the necessity of reform," noting that "Iraq will continue at the present time on its descending path because it lacks a responsible political elite willing to set aside its differences for the sake of the public interest."

And he stated, "In addition to these obstacles, there is also the problem of inflation in the public sector that Al-Sadr will inherit, as successive governments relied on the policy of employment in the public sector, which led to the inflation of the bureaucracy, as the government acquires 40% of jobs in Iraq, which is a significantly high percentage compared to in other countries".

And the Carnegie Institution added that "while the unemployment rate among young people is more than 25%, and Iraq depends on oil to achieve 90% of its revenues, this means that Iraq needs to undertake a major economic change process to support the private sector to secure more job opportunities for young people and to entice international companies." To invest in stability, which requires stability and skilled workers, which Iraq lacks.

Iraq also complains, according to the report, "of the continuing deterioration in the level of education in the country, as Iraq is at the bottom of the list of Middle Eastern countries in terms of investment in education."

The report highlights some "positive aspects in 2021, including "the victory of independent votes in many provinces and the loss of traditional political parties that have armed factions," but it also clarifies that "the path of reform is still bumpy." link

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Jim Rickards: Critical Cash War

Compact Financial News Daily:  3-30-2022

James G. Rickards is an American lawyer, economist, investment banker, speaker, media commentator, and author on matters of finance and precious metals. He is the author of Currency Wars: The Making of the Next Global Crisis (2011) and six other books.

https://www.youtube.com/watch?v=jW0_tzBe8L4

Mile Maloney: 

BREAKING: Russia Makes Case For GOLD...But Nobody Noticed

3-29-2022

https://www.youtube.com/watch?v=nFTc5mBGJWY

More Iraq News Wednesday Evening 3-30-22

More Iraq News Wednesday Evening 3-30-22

"National Oil" Uses International Consultations To Evaluate Oil And Gas Contracts In Kurdistan

Shafaq News/ The National Oil Company announced, on Tuesday, that it has contracted with international consulting companies to study and evaluate oil and gas contracts in the Kurdistan Region.

A source in the company said in an interview with Shafaq News Agency, "The company has developed a plan to transfer Kurdistan Region contracts and a mechanism for receiving export funds after completing the evaluation process."

On February 15, the Federal Supreme Court declared the unconstitutionality of the oil and gas law of the Kurdistan Regional Government and its abolition, and obligating the regional government to hand over all oil production from the oil fields in the Kurdistan Region and other areas from which the Ministry of Natural Resources extracted oil and handed it over to the federal government represented by the Ministry of Oil Federal.

An official source in the National Oil Company had announced on the first of this March that joint committees from Baghdad and Kurdistan will discuss how to implement the Federal Court's decision.   LINK

A Slight Decrease In Dollar Prices With The Closure Of Baghdad Markets

Shafaq News/ The exchange rates of the dollar decreased slightly against the Iraqi dinar, today, Tuesday, with the closure of the main stock exchange in Baghdad.

Shafaq News Agency's reporter said that the Al-Kifah and Al-Harithiya Central Stock Exchange closed in Baghdad at 147,150 Iraqi dinars, after recording in the morning 147,200 against $100.

Our correspondent indicated that the buying and selling prices in banking shops in the local markets decreased in Baghdad, where the selling price amounted to 147,500 Iraqi dinars, while the purchase prices amounted to 146,500 dinars per 100 US dollars.  LINK

Exclusive.. Baghdad Takes New Measures Regarding The Oil Dispute With The Kurdistan Region

Shafaq News Agency obtained a special document from the National Oil Company, to the Kurdistan Regional Government, to implement the decision of the Federal Court related to oil and gas contracts in the region, requesting the regional government to direct those concerned to take certain measures.

According to the document, these measures are to provide the National Oil Company with a copy of contracts and agreements concluded since 2004 regarding oil and gas with companies in the field of "exploration, production, transport, sale and export."

The company also demanded, according to the document, to nominate a specialized team to work with the Supreme Steering Committee to submit a request to the Council of Ministers to establish a public oil company entrusted with the tasks of managing the overall oil and gas activity in the fields contracted by the Kurdistan Region.

The document also stipulated the nomination of a specialized employee of no less than a general manager's rank to open a fund account in one of the international banks for the purpose of depositing all proceeds resulting from the sale and export of oil and gas.

The document indicated that all the incoming procedures constitute a new future policy for the management of oil wealth, and that all concerned parties bear the future obligations arising from them.

The National Oil Company revealed to Shafaq News agency that it had contracted with international consulting companies to study and evaluate oil and gas contracts in the Kurdistan Region.

A source in the company said in an interview with Shafaq News Agency, "The company has developed a plan to transfer Kurdistan Region contracts and a mechanism for receiving export funds after completing the evaluation process."

On February 15, the Federal Supreme Court declared the unconstitutionality of the oil and gas law of the Kurdistan Regional Government and its abolition, and obligating the regional government to hand over all oil production from the oil fields in the Kurdistan Region and other areas from which the Ministry of Natural Resources extracted oil and handed it over to the federal government represented by the Ministry of Oil Federal.

An official source in the National Oil Company had announced on the first of this March that joint committees from Baghdad and Kurdistan will discuss how to implement the Federal Court's decision.  LINK

OPEC+ Meeting Amid Complaints About Oil Prices, Russian And Kazakh Supply Concerns

WED, 03-30-2022,PM 12:12   KARAR AL ASADI  Saudi Arabia, the United Arab Emirates and Iraq said that OPEC and its allies still dominate the oil market, as the organization prepares to meet to decide on production levels in May, amid anger from oil importing countries over supply shortages and high fuel prices.

However, ahead of the March 31 meeting, OPEC+ officials strongly indicated that the alliance is not ready to go beyond the steady monthly increases that have been implemented since last August.

“We are experts in our field and have been doing this for a long time,” UAE Energy Minister Suhail Al Mazrouei said at the Atlantic Council’s Global Energy Forum in Dubai. “We are trying to balance the market and it is not an easy task. We know from experience, so trust us."

The monthly increases in production quotas were 400,000 barrels per day, but it is set to rise slightly with the upward adjustments to the basic production levels of Saudi Arabia, Russia, Iraq, the United Arab Emirates and Kuwait which are due to come into effect from May.

Fatih Birol, executive director of the International Energy Agency, said the market was "really disappointed" by the alliance's lack of urgency to moderate the market and that OPEC+ countries were reducing production to their production targets. The International Energy Agency estimates that the global market is facing an estimated deficit of 2.5 million barrels per day as a result of the war.

This comes despite urgent calls from energy consumers for producers to release more oil into the market.

OPEC + countries contributed to the tightening of the market, with many members reducing their quota production, collectively, the group fell 1.053 million barrels per day less than its targets in February.

A delegate-level advisory committee will meet today to assess market conditions and compliance with member quotas.

Russian and Ukrainian officials began peace talks on March 29. These talks could have a significant impact on prices if progress is made and concerns about Russia's ability to supply global markets subside.

Kazakhstan expects a significant drop in production in April after damage to loading facilities at the port of Novorossiysk. The Kazakh Energy Ministry said on March 29 that the accident could lead to the removal of 320,000 barrels per day of Kazakhstan's production from the market in April, while maintenance work is being carried out.    http://non14.net/public/145906

The Low Exchange Rate Of The Dollar In Baghdad And Its Rise In The Kurdistan Region

Shafaq News/ The exchange rates of the US dollar decreased against the Iraqi dinar, on Wednesday, in the main stock exchange in the capital, Baghdad, while it rose in the Kurdistan Region.

Shafak News Agency correspondent said that the Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad recorded this morning 147,100 Iraqi dinars, compared to 100 US dollars.

The dollar exchange rates for yesterday, Tuesday, were 147,200 Iraqi dinars, compared to 100 US dollars.

Our correspondent indicated that buying and selling prices decreased in banking shops in the local markets in Baghdad, where the selling price amounted to 147,500 Iraqi dinars per 100 US dollars, while the purchase prices amounted to 146,500 Iraqi dinars per 100 US dollars.

In Erbil, the capital of the Kurdistan Region, the dollar prices witnessed an increase, as the selling price reached 147,300 dinars per 100 US dollars, and the purchase price reached 147,100 dinars per 100 US dollars.  LINK

The Stability Of Gold Prices In The Iraqi Markets

Shafaq News/ "Foreign and Iraqi" gold prices stabilized in the local markets, today, Wednesday (March 30, 2022).   Shafak News Agency correspondent said that gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, recorded this morning, the selling price of one weight of 21 karat of Gulf, Turkish and European gold is 393 thousand dinars, and the purchase price is 389 thousand, which are the same prices as yesterday, Tuesday.

Our correspondent indicated that the sale price of one 21-carat weight of Iraqi gold was also stable at 353,000 dinars, while the purchase price reached 349 thousand.

With regard to gold prices in goldsmiths’ shops, the selling price of a 21-carat Gulf gold weight ranged between 395 thousand and 405 thousand dinars, while the selling price ranged between 355 thousand and 365 thousand Iraqi dinars.    It is equal to one mithqal of gold (five grams).    LINK

A Deputy For Asaib Reveals The Quantities Of Oil And Gas Produced And Exported By The Region

03/29/2022   Earth News/ The former deputy of Asa'ib Ahl al-Haq, Naim al-Aboudi, revealed today, Tuesday, the quantities of oil and gas produced and exported by the Kurdistan region.

Al-Aboudi said in a post on "Earth News" that "the Kurdistan region of Iraq produces and exports half a million barrels of oil and half a billion cubic feet of gas per day."

He added, "These figures were spoken by the Prime Minister of the Regional Government, Masrour Barzani," calling for "discussing them in Parliament when approving the federal budget law."

https://earthiq.news/archives/55129

Documents.. The Ministry Of Oil Calls On The Kurdistan Government To Implement Measures Regarding Oil And Gas Contracts  

03/29/2022   Earth News/ The Ministry of Oil called on the Kurdistan Regional Government to implement certain measures regarding oil and gas contracts.   LINK

Representative Ali Shaddad Al-Faris Demands Payment Of Basra’s Petrodollar Dues In The Emergency Food Security Support Law

Posted On2022-03-30  By Sotaliraq  The representative of Basra Governorate, Ali Shaddad Al-Faris, announced the collection of parliamentary signatures to include the issue of paying the dues of the Basra Governorate from the petrodollar in the emergency support law for food security and development.

According to an official letter, Al-Fares suggested, “Allocating a percentage of the surplus financial abundance from this law to pay part of the dues of the Basra governorate from the petrodollar ,” noting  that “this law should take care of the issue of poverty in Iraq through the establishment of a fund for the poorest governorates, according to the report of the Ministry of Planning, such as the Muthanna governorates. and Diwaniyah.”

Al-Fares pointed out that “the House of Representatives, in Monday’s session, finished reading a report and discussing the draft law on emergency support for food security and development,” noting that the Parliamentary Finance Committee will host in its next session the Minister of Finance to discuss this issue. LINK

Barzani: Iran Is Pressing To Prevent Kurdistan From Developing The Oil And Gas Sectors

Posted On2022-03-30  By Sotaliraq   A gas field in the Kurdistan region of Iraq (Anatolia)

The Prime Minister of the Kurdistan Region of Iraq, Masrour Barzani, considered today, Tuesday, that Iran is pressing to prevent the development of the oil and gas sectors in the region in northern Iraq.

He said, according to what was reported by "Reuters" agency, that the development of the energy sector in the region may not be in the interest of energy-producing Iran, adding that "the recent attacks on Erbil and the legal measures of the federal government confirm that there is resistance to development in the energy-rich region."

The agency quoted unnamed sources as saying that the Kurdistan gas export plan may threaten Iran's position as a major supplier to Iraq and Turkey, while its economy suffers from international sanctions.

On March 13, Erbil was subjected to an Iranian bombardment, which the Revolutionary Guards said earlier this month had targeted Israeli  “strategic centers”   in the capital of Kurdistan in response to  an Israeli air strike   that killed two of its members in Syria.

However, most of the 12 missiles fired at the Kurdish capital hit the villa of a Kurdish businessman named Baz Karim al-Barzanji, who was reportedly working on developing a pipeline to export gas.

The attack then shocked officials across the region for its "ferocity", as it occurred shortly after  an Iraqi federal court ruled   that the oil and gas law regulating the oil industry in  Iraqi Kurdistan   was unconstitutional and demanded that Kurdish authorities hand over their crude supplies. LINK

Is the Federal Reserve Printing Money?

Is the Federal Reserve Printing Money?

By Kimberly Amadeo Updated March 14, 2022  Reviewed By Erika Rasure

does the federal reserve print money? The Fed acts as a central bank to federal member banks; “Printing money” means the Fed adds credit to the accounts of federal member banks or lowers the federal funds rate to increase the money supply; The Bureau of Engraving and Printing, under the U.S. Department of Treasury, prints physical cash for circulation

The Federal Reserve is America's central bank. Its job is to manage the U.S. money supply, and for this reason, many people say the Fed "prints money." But the Fed doesn't have a printing press that cranks out dollars. Only the U.S. Department of Treasury can do that. The Fed has a good many other monetary powers, however.

Key Takeaways

People say the Fed is "printing money" because it adds credit to accounts of federal member banks or lowers the federal funds rate.

The Fed takes both of these actions to increase the money supply.

The Bureau of Engraving and Printing, under the U.S. Department of Treasury, does the actual printing of cash for circulation.

How the Fed "Prints" Money

Most of the money in use is not cash. It's credit that's added to banks' deposits. It’s similar to the kind of credit you receive when your employer deposits your paycheck directly into your bank account.

When people say the Federal Reserve "prints money," they mean it's adding credit to its member banks' deposits.

The Federal Open Market Committee (FOMC) is the Fed’s operational arm, guiding monetary policy. It engages in expansive monetary policy when the Fed expands credit. It increases the money supply available to borrow, spend, or invest. Expanding credit helps to end recessions.1

The Fed mainly uses two of its many tools to implement monetary policy.

The Federal Funds Rate

The Fed lowers the target for the federal funds rate when it wants to "print money." Fed funds are what banks are required to hold in reserve each night.2 A bank will borrow fed funds from another bank to meet the requirement if necessary. The interest rate it pays is referred to as the "fed funds rate."

The FOMC allows banks to pay less for borrowed fed funds when it lowers the target for the fed funds rate. Banks have more money to lend because they're paying less in interest.

The Fed typically requires that banks hold 10% of their deposits in reserve. This reserve requirement was lowered to zero in March 2020 to fight the recession caused by the COVID-19 pandemic.2

Banks would like to lend every dollar they don't have to hold in reserve, so they comply as soon as the FOMC lowers the fed funds rate target. They then reduce all other interest rates.

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

https://www.thebalance.com/is-the-federal-reserve-printing-money-3305842

Wednesday Evening Update With MarkZ 3-30-2022

Wednesday Evening Update with MarkZ 03/30/2022

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: So everything is pointing to April 1st - Nesara/ Gesara, new US Notes, New Government (albeit only temporary), and RV notifications! April Fools, or April Funding - time will tell

Member: Every time we had a date it didn't work out. I am still cautious on April 1.

Member: April 1st may come and go. April 2nd we will know

Member: How can we rv april 1 if iraq hasnt posted rate and wont till april 6 if that happens

Member:  The 6th is when they decide what to do with all the EXTRA money.

MZ: Lets talk about the RV. There has been some positive and exciting things happen today. My phone lit up this afternoon. Bond contacts are saying bonds are expected to be paid out in full late in the day tomorrow.

MZ: We also had the news on the QFS system on large money transfers out of Asia today. I talked about this in the morning podcast.   This appears to be what they were waiting for because on the heels of that ….news was pouring out from bond paymasters and attorneys about  big expectations of full funding tomorrow…….

MZ: This means everything may be over real soon.  I know you agree that we can’t take any more can kicking and want it done now.

MZ: I need to share this as well. Remember there were rumors of people getting calls about Prosperity Packages. This was for last minute updates on information? I believe this had hit the boards last weekend or so….Well, I now have a couple of people who reached out to me that had gotten that call to update the information on their prosperity packages…..this is so awesome….I am very excited about this.

MZ: WE have had so much great stuff today between QFS stuff overnight to bond folks getting full funding tomorrow to proving rumors true on Prosperity packages…..wow…what a day

Member: . I hear Money has started moving from easy to west. Started on India last night. Bonds are going first

Member: If big bucks are being successfully moved into the QFS, I guess it's not a "conspiracy theory"

Member: Are you still expecting bonds to go first then us?

MZ: Yes, I am still expecting bonds to start first. The plan as I understand it is the historic bonds start to go…immediately on the heels of those starting we should get CMKX, PP’s ,Settlement deliveries…..like omega, farm claims ect….these may take a week or two before you or I get to go to the banks ….…but meanwhile we will see massive amounts of money moving . I think we are on the precipice of “done” On the verge of a whole new world…

MZ: I am so excited and really hope we don’t get deflated this time.

Member: Holly thinks there still may be a shotgun start….so maybe we will get to make appointments sooner than the original plan now???   

Member: Bank update, i spoke to chase today asked about UST notes/rainbow currency, she said maybe around Christmas

Member: Went to Petsmart, wouldn't take ATM cards, I asked if because of Nesara, lady said they're changing systems.

Member: Wow guys! It’s happening!!!

Member: It would be cool if April Fool’s Day is the Nesara/Gesara announcement…and the RV starting.

Member: Thank you all for the great news….looking forward to tomorrow for sure. See you then.

Member: This has to be one of the best days for news, stay strong people…things are bubbling up nicely Have a great day all

MZ: I really hope I get more incredible news overnight and can’t sleep again……I’m ok with that….see you all in the morning.

HERE IS THE LINK FOR MARKZ AND CHARLIE WARD TODAY ON PPN  https://rumble.com/vz23wt-breaking-news-mark-z-charlie-ward-and-chas-carter-3-30-22-ppn-at-12pm-cst-1.html

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.

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

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

Bruce’s Big Call Intel Tuesday 3-29-22

Bruce’s Big Call Intel Tuesday 3-29-22

Call Transcribed by WiserNow Emailed to Recaps

Welcome everybody to the Big Call again tonight – it’s Tuesday March 29th   and you’re listening to the Big Call – Welcome everybody for tuning in once again – all over the globe wherever you are tuning in from – we appreciate you coming in tonight and listening to what we have to share – we are in our 11th year of The Big Call

Let’s go into where we are now compared to where we thought we were last Thursday – Last Thursday on the Big Call we talked about how this information I was getting was pointing toward a Tuesday/Wednesday start  - I believe I told you that on the call that we were looking at something this week –

Fortunately we are still looking for something this week – however – I don’t think tomorrow is going to necessarily be our day to receive our notification and I’ll be able to tell you why –

What we have learned – another bank that gave us the information said – well – things are rolling out but a little slower than we thought – well of course that’s no great statement to any of us right now – we do believe this is rolling out slower than we thought –

However – as I said on Thursday – there are reasons why this is occurring – these aren’t just delays to delay – that’s not what they are – usually if we see something and we consider it delay it’s actually not a delay – it’s actually waiting for something else to be accomplished – and that’s what has happened here in the last several days –

For example – yesterday – Monday – we had heard p probably Friday/Saturday -  I heard that our current bank accounts that we have with our banks which are denominated in US dollars – USD -  fiat currency – would be converted Sat/Sun/Mon – and I believe I told you that on Thursday night – would be converted to USN denominated accounts

Now that occurred yesterday by 5 PM Eastern Time – our bank accounts were converted to an asset backed – we could call it gold backed – but it certainly is asset backed – and we use the term United States New for the digital version of our new dollar – USN -  or some call it US Note –

We know there is a corresponding currency that is physical – to correspond with our digital dollar – USN – the USTN – United States Treasury Note – I think that may be where the USN is coming from – United States Note

The USTN is the physical folding money in the same denominations that we had plus a couple new ones that we have not seen for a while – that are actually in the redemption centers in the banks – and have been for months

They have been printed for a long time - they are organized and have been reorganized in the boxes they came in by denomination - - we are not talking about a religious denomination – (chuckle) nor Christian denomination – we are talking about a currency like a $100 bill – a $50 – a $20 – a $10 – a $5 and a $1 – those are te denominations of our currency –

The USTN has all of those plus I believe we’re going to see a $500 – and maybe a $1,000 – we could even see a $5,000 and $10,000  USTN note – but these notes and these are from $100’s down to the $1 have all been organized at the redemption centers by those denominations – sorted out – and put in boxes so they can go directly into the teller drawers – whenever that day is come for that to happen – (I’ll talk about that in a second)  they will also go into the drawers of the desk of the redemption center’s staff that are doing our exchanges and redemption of zim – So they are positioned – positioned already in the banks and redemption centers for this to happen

So we have our current accounts with the banks already backed and changed from the USD to USN – that’s positive -  you know we did lose the USD fiat currency for international trading a few days ago- and we’re waiting for the USN to take its place and it is digitally ready to take its place  but here’s the timing –

I thought about this when I got the new timing up – this might be a few days longer – we are looking at maybe towards the end of the week - If we look at the calendar - we see that Friday is April 1st

Now let’s talk about that – April 1st - yes it is  April Fool’s Day -  but don’t be fooled by what should take place on April 1st - It should be the start of NESARA and GESARA – globally  - we should have our USN and USTN xurrency coming out at that time and actually I’ve heard yesterday that we would see – might not see it – but let’s put it this way - 

The USN would be on our bank screens at 12:01 am Friday morning – April 1st in other words 1 minute after midnight on Thursday night because that is when the USN would be in effect –

Now of course our banks are not open at that hour but when they open I think it’s quite possible to bring that currency out either that Friday or Saturday – we don’t know exactly – the day they are going to bring it out – but that should be the day at least that we have an official USN digital currency on our screen

Now with NESARA starting April 1st  we should get some benefits from that – remember how we said -  for months that we would be getting money from various things like – the trading of our birth certificates as a bond – and there are other certificates too –

We are going to get back our tax money – personal Federal Income taxes – we’re going to get back money from interest we paid on loans – (car loans – personal loans also with mortgage with interest – some mortgages may be totally forgiven but we know that the interest  at least will be refunded – we’ll see how that all comes together –

When is that going to happen? Those monies – and there’s substantial money -  they won’t mean as much to us after the zim is redeemed – however they’re meaningful monies  / dollars  - these monies will come to you starting the month of April and be paid out over the next 12 months

So for 1 year you should be getting some form of refunding of the taxes and all of those things I mentioned ok –

I’ve heard as late as this evening that we should start getting that money back somewhere in the April 4-6 range – ok – don’t hold me to this exactly – but this is what I’ve heard – that first installment  - let’s say – of this refunding to us could come back as early as April 4-6 –

Why I think that is important is – when we go in for our exchanges this allows that refunding to hydrate other people in the United States that aren’t part of the currencies that we’ve been part of – they are  not currency holders – they are not zim holders – they are just doing their own thing and were aware of it but decided not to do anything about it –

So in order to sort of begin the levelling of the playing field – I believe those moneies will come out early in April4-6 range – at least that’s what I’ve been told

 Now – what about us?? In terms of our exchanges and zim redemption -  to me – what really makes sense to me yesterday – in learning about the timing that was being put out there – was  for the first time sort of makes sense  - we’ve got NESARA started -  GESARA started and to be enacted on the 1st

We’ve got a new Restored Republic form of government –starting on the 1st of April –

These things are triggers as well – we have – one of the bankers told us - a lead bank -  when the USN and the USTN come out together we would be notified for our exchanges

Well the USTN is already in the banks and the redemption centers and has been for months – so it’s really going to take the USN – which we’re being told – at 1 minute after midnight on Friday morning -  or 1 minute after midnight Thursday night – we should have both of those USN and USTN paired together to be in place for  us to be notified -

 Now – we don’t know exactly when we will get notified but it’s quite possible we would receive that Friday and it’s also possible that we could start our exchanges Friday or Saturday – very conceivable –

I don’t know whether or not that is the exact plan but we know the physical schedules have been handed out at the redemption centers and that was done Monday - yesterday – so they have schedule that says they will get started as soon as those 2 things I just mentioned – USTN and USN are out – are OUT – So I think it looks like that should be on Friday the 1st  -

President Trump has a rally in Detroit on Saturday evening – I am hearing that the Emergency Alert System will be utilized to bring out some information to disclose things to us starting either right before the rally which could be Saturday - sounds like - or possibly after the rally which could be Sunday – they sort of sandwiched it around President Trump’s rally in Detroit on Saturday evening/night –

If it says it starts at 8 PM he never shows up on time and that is for a reason – for security purposes – on the last Saturday’s rally – he was an hr and 15 minutes late – he showed up 1 hr 15 mins after it was to have started – and there is a reason for all of that

It could be a very interesting weekend for us – obviously I am excited  about Friday – I think it is quite possible that we should have a call on Thursday night – it’s also quite possible it should be our very last call –

Before the call started I talked about the Eric Clapton concert Tshirt that I bought when he was in Tulsa – that is a hint for after midnight – cause after Thursday night is when we really think this is going to all come to fruition in terms of USN and USTN there together

Also one other thing – the bonds – if you have bonds and you have not been to a bank trader or bond trader to trade those yet and you have found that you have some – railroad bonds – German Bonds – whatever type – and they are legitimate  - you can bring them with you for the redemption center appointment and they can work with you on those bonds – Wells Fargo can do that for you and I understand Bank America is actually doing the German bonds – your zim bonds are bearer bonds – the currency from the zim is payable to the bearer – it is on the note

Thank  you everyone for listening

Bruce’s Big Call REPLAY LINK   Intell Begins:  1:15:55

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2Faipc3

"Debt and War- The Signs of a Dying Empire" by Matthew Piepenburg

Matthew Piepenburg: Debt and War - The Signs of a Dying Empire

Palisades Gold Radio: 

Sadly the decline of empires is often associated with war and debts. We're seeing a lot of polarized thinking in the West and not much in the way of understanding.

The war has shown how unprepared and weak much of the west has become. We are pointing a gun at Putin and shooting ourselves in the foot with these sanctions.

The financial weapons that are being deployed against Russia are backfiring in a very serious way. We are forcing Russia to move closer to China and the West has shown it's willingness to freeze and steal reserves. This has not gone unnoticed by a number of countries.

We're seeing a lot of spin and virtue signaling from Western governments. The West can't use the same approach on larger countries that we've used on small ones in the past.

We're moving towards a multi-currency system due to the decline of the U.S. dollar.

Russia's FX reserves are the highest they have ever been. Saudi Arabia is now conversing with China to sell oil in Yuan and other nations are doing likewise. This means the end of the petrodollar which has massive implications.

U.S. Treasuries are now some of the most unloved IOU's in the world.

We're seeing the consequences in the yield curve. If no one buys your debt than you have to buy it yourself. The market fears rising rates and their are no good solutions for the Fed.

Inflation is therefore inevitable and intentional. Matthew discusses how gold is 'the' monetary metal and he no longer has faith in any currencies.

Count your wealth in ounces and grams not dollars. Gold is the insurance policy with the largest history.

Price discovery for gold is improving as more countries actively begin to use it. Gold always gets the last laugh.

 Many Gold ETFs claim to provide ownership but is not true in fact. They may not have the gold and it's probably stored at a commercial bank with derivative risks.

Lastly, try to stay positive and look for informed opinions.

Time Stamp References:

0:00 - Introduction

1:10 - War & Cornered Empires

3:45 - Two Perspectives

13:13 - Sanctions & Financial Weapons

19:06 - FX Reserves Seizure

26:56 - Dollar Exportation

32:10 - Unintended Consequences

36:36 - Mutual MAD Finance

40:00 - Gold Vs. Currencies

44:12 - A Perfect Storm

49:40 - Gold ETFs & Central Banks

54:36 - ITEOTWAWKI AIFF

57:09 - Informed Opinions

59:25 - Wrap Up

 Talking Points From This Episode

- Why empires end in debt and wars.

- The problems with economic sanctions.

- Gold's role in wealth protection and why there is no perfect solutions.

https://www.youtube.com/watch?v=aoFfe_kp9v0

Iraqi News Wednesday AM 3-30-22

Iraqi News Wednesday AM 3-30-22

TLM724 Administrator BondLady’s Corner

What If Parliament Fails To Elect The President Of The Republic.. Legal Answers?

Iraq   Tuesday, March 29, 2022 11:39 PM   National news center / special   Today, Tuesday, legal expert Ali Al-Tamimi revealed the constitutional and legal support in the event that Parliament fails to achieve a quorum during the presidential election session scheduled for tomorrow, Wednesday.

Al-Tamimi said in a statement to the "National News Center", that "if the parliament fails to elect the new president of the republic again, then according to the decision of the Federal Court opens the door for nomination for the position of president of the republic for one time only, No. 24 of 2022," noting that "in front of the parliament's presidency. A period of 30 days, according to Article 72 II of the Iraqi constitution, from March 6 to April 6, during which the President of the Republic will be elected in a binding manner. 

He added: “After the session on March 26, which was postponed to March 30, the Parliament presidency can postpone it again if Parliament fails to elect the President of the Republic until April 6 only.

For once,” noting that “we will be faced with an irresolvable failure, and parliament may be dissolved at the request of a third of the members and the approval of the absolute majority of the number of members in accordance with Article 64 of the constitution, or a referendum of the Federal Supreme Court if this is done to find out the constitutional outlet, and we may be in case this happened before elections.” A new early date, and the current government continues to conduct daily matters.”

And he stressed: “In the case of starting to vote on choosing the new President of the Republic, who stipulated the Federal Court’s decision to open the session with a two-thirds majority of the total number of Parliament, it means 220 deputies and to be present at the start of voting in accordance with the Federal Court’s decision to open the nomination door with this percentage in the first round.

If any of the candidates gets this percentage, we will be facing a second round in which the competition is limited to the first and second highest winners, and either of them gets the majority of votes, meaning if the first gets 50 votes and the second gets 30, the owner of the 50 votes is the President of the Republic who is the president and takes the constitutional oath before Parliament and in the presence of President of the Federal Court in accordance with Article 70 of the Constitution and Law 8 of 2012.”

He added that "the election is by direct secret ballot by placing the papers in the box in the two rounds," noting that "it is possible to vote on the President of the Republic and assign the Prime Minister in one day."

Al-Tamimi added, "The President of the Republic then assigns the candidate of the most numerous parliamentary bloc within 15 days of taking the oath, which has not yet been determined, assigning him to form the government and the government curriculum within 30 days of his assignment in accordance with Article 76 of the Constitution in all its details."    https://nnciraq.com/119157/

The US President Sends A Letter To The President Of Kurdistan

US President Joe Biden sent a letter to the President of Kurdistan Region, Nechirvan Barzani.

A statement by the Kurdistan Region Presidency said, "The President of the Kurdistan Region, Nechirvan Barzani, received this afternoon, Wednesday, Matthew Tueller, the US ambassador to Iraq." United States of America for Iraq and the Kurdistan Region.

According to the statement, the two sides discussed the Iraqi political situation, the steps of the political process and the sessions of the Iraqi parliament, the conditions of the Kurdistan Region and the upcoming elections process in the region, Erbil-Baghdad relations and expectations for the future of the political process in the country. 

The views of the two sides, during their meeting, agreed on the need for a correct system of governance, and that adherence to the constitution and its principles is the only way to achieve security and stability. They stressed the importance of building trust and mutual understanding between the Iraqi parties in order to overcome the situation and solve problems.

Dialogue between the Kurdish parties on the election law in the Kurdistan Region, the importance of the unity of the Kurdish parties in Baghdad and the joint work between them and the Iraqi parties, the importance of continuing the Erbil-Baghdad dialogue to solve their problems, the relations of the Kurdistan Region and Iraq with the countries of the region, the war and the situation in Ukraine and its effects and the Vienna talks on The nuclear file, formed other axes of the meeting, which was attended by the US Consul General in the Kurdistan Region.    https://www.radionawa.com/all-detail.aspx?jimare=28764

Al-Jubouri: The Quorum For The Presidential Election Session Will Not Be Achieved Today

Political | 02:10 - 03/30/2022   Baghdad - Mawazine News, a member of the Finance Committee, Mishaan al-Jubouri, confirmed today, Wednesday, that the quorum for the presidential election session has not been completed.

"It is clear that the quorum required for the presidential election session will not be achieved today, and we are waiting for Al-Halbousi to announce the date of the next session," Mishaan said in a tweet to him on "Twitter", which was seen by Mawazine News.

Today's session was scheduled to be to elect the president of the republic and vote on the remaining parliamentary committees, according to the parliament's schedule published yesterday. Ended 29 / 92

https://www.mawazin.net/Details.aspx?jimare=188811  

Parliament Votes On The Tasks Of A Number Of Parliamentary Committees

Political | 02:26 - 03/30/2022   Baghdad - Mawazine News   The House of Representatives voted, on Wednesday, on a number of tasks of parliamentary committees.

And the parliament's media department said in a statement, "The House of Representatives voted to amend some paragraphs of its internal system and the tasks of its parliamentary committees."

And she added, "The House of Representatives voted on the tasks of the Parliamentary Electricity and Energy Committee, as well as the tasks of the tasks of the Parliamentary Committee on Economy, Industry and Trade, as well as the tasks of the Parliamentary Investment and Development Committee."

And she added, "The Council voted on the tasks of the Strategic Planning Committee and the Parliamentary Federal Service, on the tasks of the Parliamentary Transport and Communications Committee, the tasks of the Parliamentary Services and Construction Committee, and the tasks of the Labor Committee and Parliamentary civil society institutions."

And the department indicated that "the Council voted on the names of the members of the Legal Committee, and on the names of the members of the Foreign Relations Committee." 

And she indicated, "The House of Representatives is voting to add Representatives Muhammad Nuri, Sajjad Salem Hussein, Ikhlas Al-Dulaimi, Mahasin Hamdoun and Haitham Al-Zahwan to the members of the Finance Committee." Ended 29 / h    https://www.mawazin.net/Details.aspx?jimare=188814

The Stability Of Dollar Prices In The Local Market For The Sixth Consecutive Day

Economie| 09:48 - 03/30/2022   Baghdad - Mozine News  The dollar exchange rates witnessed, today, Wednesday, stability in the Iraqi local markets, as shown below.

Baghdad   Sale 147.750 dinars   Buy 146.750 dinars

North   Sale 147.750 dinars   Buy 146.750 dinars

South   Sale 147.750 dinars   Buy 146.750 dinars

https://www.mawazin.net/Details.aspx?jimare=188786

The Central Bank Decides To Ban The Use Of Cards And Electronic Wallets

Economie| 04:24 - 30/03/2022   Baghdad - Mawazine News   On Wednesday, the Central Bank decided to ban the use of cards and electronic wallets for the purpose of speculation and trading in digital currencies of all kinds.

The Central Bank of Iraq, in a statement received by Mawazine News, called on all authorized banks and non-bank financial institutions to educate customers and warn them of the risks of trading in digital, encrypted and virtual currencies, in order to ensure the optimal application of the due diligence procedures referred to in the Anti-Money Laundering Law. and the financing of terrorism No. (39) of 2015 and the instructions issued pursuant thereto. Ended 29/R77    https://www.mawazin.net/Details.aspx?jimare=188827

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

 https://www.bondladyscorner.com/

"Coffee With MarkZ" Wednesday Morning Chat "Big Overnight News" 3-30-2022

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

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

Member: Good morning Mark & everyone!! Blessings on Hump Day!!

Member: Have we got a weekend to remember coming up?

Member: Faith is the substance of things hoped for, evidence of things unseen. Have faith folks

MZ: Overnight my phone lit up…in the wee hours……from many, many sources……that there was a lot of very successful money movement on the QFS. Testing in the Asian markets. All throughout Asia they were moving very large chunks .

MZ: This has been a problem in the past…our Achilles heel in transferring funds from our older legacy bank systems with older technologies to the QFS.

MZ: I am being told money transfers were exceptionally successful last night. And we should expect to see ongoing movement.

MZ: My bankers are extremely excited about the news coming out from Asia overnight. ….They think this is very, very close. Very successful movements of large blocks of money on the new system.

MZ: I think this is fantastic. This means they can pull the trigger or flip the switch at any moment now after these successful tests…that is what I am being told. .

MZ: This may be the reason nobody has received those big dollars yet on the bond side.

Member: I've heard the 1st of April a few times as being the day that starts the RV I hope so

Member: Bruce and Fleming think it will be the day.

Member: BIG CALL BruceTier 1 Banker to Bruce: USN digital note avail 4/1/22 12:01 AM & USTN notes at Wells Fargo ready for redemption centersT4B Notifications 4/1/22, or afterwards NESARA/GESARA begin 4/1/22

MZ: Not too far off from what I am hearing.

Member: April fools Notifications? 4/1/22! Been so long will people believe it????

Member: HOLLY : So the rumblings are that some people are getting notifications. Prosperity people are getting notified. Looks like they are wanting to do a shot gun start again.

Member: Been I. This since 2003 and it’s so nice to see it this close and things happening that haven’t occurred before!!!!

Member: So when is all of this going down?

MZ: Based on what I am hearing…..anytime between now and April 6th….more like the 4th. That is my best guess based on everything we are seeing right now.  Remember- nobody knows the exact timing.

MZ: Some folks emailed me and are very worried about news out of Iraq.  The election to choose the new president has been moved to April 3rd to the 6th now….But, I would like to again point out that they let us know on Monday that they can still move forward with committees , and Saturday they sat the finance committee .  I was reassured again that since the finance committee was seated….the banking side and CBI are squared away and they do not need the rest of the Government to RV.

MZ: If they do not seat a new government by the 6th …the existing government just takes over again.

MZ: in CMKX I am still hearing rumors of deliveries starting on Thursday.  With the successful testing of the QFS, I hope this is still accurate.

Member: Anybody have a clue about the tax rate for this thing?

Member: Tax free event!!!

Member: I’ve traveled quite a bit and have never been taxed when I exchanged currency

Member: i would guess taxes would be on the interest earned

Member: Is Currency Exchange An Income Producing Event ? I Think Not

Member: Was in country in 2003 when the new currency came out, was in Kuwait when it revalued, that being said, we already know what can happen!!  No taxes when Kuwait went just a direct exchange and they got a percentage

Member: When the Kuwait dinar came out it was right at $800 per million now in country it’s 3.56 to $1

Member:  the IRS is a private corporations and is the collection arm of the IMF. if there are tax's from this redemption then nothing has changed. Just under new management.

Member: Rumor is The Fed was absorbed into the Treasury 1 year ago – given 1 year to close down shop. The end is this month. Next month, April 1st starts all new books – integrating Quantum Computer and new digital Currency

Member: I don't think there will be an IRS after RV comes. They will cease to exist!

Member: I hear everything on the RV is protected from taxes because Trump put it in a Military Treaty to protect the humanitarian projects.

Member: Best to be prepared for taxes or no taxes……then you are ready for whatever happens…just in case.

Member: Is last day for Basel 3 compliance for banks April 1st ?

Member: I wonder what happens on Friday when the banks are not Basel 3 ? Do those banks freeze?

Member: I hear March 31st is the deadline for banks to be Basil Compliant or they will be shut down.

Member: Telegram post this am. Man said yesterday, long known bank teller told him changes coming at bank this Friday. He said “QFS, Financial Advisors & Nesara/Gesara?” She smiled & said, “Yes. Exactly.”

Member: I went to my local UsBank in Minnesota and when I finished my transaction, I asked woman how’s the new system switch over going. She stuttered a bit and said it’s going pretty good!   boom

MZ: things to watch Articles: “Widely watched US 2-10 yield curve inverts for the first time since 2019” and “ 5 year and 30 year treasury yields invert for the first time since 2006,fueling recession fears”

MZ: in the fall of 2019 I was convinced this whole thing was going …..watching the inversion …then they pulled out the overnight repos to keep banks afloat. I was told by one of the key architects of the reset to look for an inversion of the bond market. So I take this as an exceptionally good sign.

MZ: Article: “ Dollar reserve system frays with India-Russia currency deals”  In a nutshell Russia was very prepared for these sanctions.

MZ: Out of kitco news “Russia sets fixed gold price as it restarts official bullion purchases”  They fixed the gold rate until June on the ruble at 52 per gram at 5000 rubles. But the market value puts it at 68. What does this mean?  

MZ: It means they have made their currency stronger right out of the gate……this is a serious blow to the petro dollar and all fiat currencies around the world.

Member:  my family and friends think i am so far gone- believing in RV Nesara the Q and Annons , etc . but.. i do have my I Told You So Shirt - ready for it all. i tried to explain RV they laughed thinking I am crazy

Member: my life is the same thing everybody thinks I'm cocoa for cuckoo puffs

Member: I think we all have family and friends that think that about us….cannot wait to prove them wrong.

Member:  Remember - we are to have 10 days to make our appts and maybe 30 more to redeem before the window slams shut. it's all a gamble/speculation, anyway. but on the side of light. jump in wif boaf feet.

Mod: Estimated Rates: Dong - low to mid $2 (up to $4.00???), Dinar - $6.00 (up to $11.00???), Zim - .30 (per million) without projects, higher rate with projects only for projects, Indo Rupiah $1.47

Member: Thanks Mark for all the exciting news today…..we really appreciate you and the mods for being there for us.

Member: Blessings to you MarkZ and to all the mods. What you guys do is very much appreciated.

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

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

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

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

IF MARK LOSES THE ABILITY “TO STREAM LIVE"...PLEASE TAKE NOTE OF THE "NEW" EMERGENCY NUMBER EFFECTIVE DAY: (712) 770-5028 Code: 648989 Playback number (712) 770-5055 or 712-770-5066.

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 will be traunched…..a structured payout over time…….What is a traunch?   https://www.investopedia.com/terms/t/traunch.asp

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Holly, Judy, Lynette and more .....Wednesday AM 3-30-2022

Wednesday Thoughts From Holly

Good morning roomies!  

“Life is full of happiness and tears; be strong and have faith.” – Kareena Kapoor Khan  

Our faith sustains us. Our faith makes us strong. Our faith will lead us. Allow faith to walk with you every day.  

So the rumblings are that some people are getting notifications. Prosperity people are getting notified. Looks like they are wanting to do a shot gun start again.

The call yesterday was this is what they are going back to do.

Keep the faith and never, ever give up!  -Holly

Wolverine:

Last Thursday, the U.S. Corp. Government representatives, were given full notice to get out of the legislature of D.C while in the legislature, that day, as they have no authority, no standing, and will not get paid further. They are there illegally, and have no right to vote on anything, as they are not the legal representatives of the people.

The next step if they do not leave, is to have the U.S. Military go in and drag them out forcibly if need be.

All of their positions are already filled with replacements in the new Republic Government. The new Republic replacements for the congress are being paid as of April 1st… and have complete legal standing according to the U.S. constitution.

Once they are replaced, there will be an election with 120 days thereafter.

It doesn’t get any clearer than that folks!

We should be on a whole new system by April 1st.

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

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

Compiled Wed. 30 March 2022 12:01 am EDT by Judy Byington

Tues. 29 March 2022 The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#

Our bank accounts converted from fiat US Dollars to asset-backed USTN on Sat, Sun and Mon. 26. 27, 28 March.

At 12:01 am 1 April was the start of GESARA/NESARA, plus the USN, USTN and Restored Republic would be in effect.

Tax refunds, loan interest, Mortgage interest, etc. might be paid back to us starting in April 4-6 and paid out over the next year.

Tier 4B should be notified to set appointments by 1 April, with appointments beginning on Fri. or Sat. 1, 2 April.

The Emergency Broadcast System could begin Sat. evening or Sunday 2,3 April.

Read full post here:  https://dinarchronicles.com/2022/03/30/restored-republic-via-a-gcr-update-as-of-march-30-2022/

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

Courtesy of Dinar Guru

Militiaman   Article: "The Minister of Finance, praising the “White Paper”..."    The Finance Minister has his committee approved. He is praising the White Papers and the importance of them. The "Transformation into a New Era" should not be lost on anyone. They have been consistently telling us they are going to change the exchange rate and even one where it is to be back to a previous era.  The era that supports a "Transformation into a New Era" is for Iraq to revert to an era that mirrors the need for NSCNs and fils. The previous program rate of 1190 or 1182 or 1166 don't and will not work with the NSCNs and fils. There is no data to support that that would be in the White Papers..

Lynette Zang

RACE FOR CONTROL: If the Fed Wins…You Lose

3-29-2022

0:00 2-Year & 10-Year Yields Invert

03:58 Loss of Confidence

06:04 LIBOR & SOFR

07:17 FedNow

10:27 Digital Dollar & CBDC's

15:20 The Money Flower

17:13 Does a Recession Strengthen the Dollar?

22:14 Any Instance Where it Would Not Benefit Us to Hold Gold or Silver?

24:15 The Stealth Erosion of Dollar Dominance

26:44 Central Banks Accelerate Shift from Dollar to Gold

https://www.youtube.com/watch?v=5QMVcEdvtGo