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Luigi1
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Here's MZs two cents worth...silver $50 this week... Some highlights by PDK-Not verbatim. THREAD: Silver $50 this week. Member: Good morning Mark, Mods & Dinarians! Member: Welcome to Monday & a new week. Member: Any bond news this morning Mark? MZ: No updates yet but the expectations were to see wiring of funds starting today after ISO 20022 kicked in this weekend. Member: Well today is supposed to be a big day in the banking world with Iso 20022. Hope something good happens. MZ: I was told from connected folks sitting out west that the platform has been set, they are testing this morning & they have great hopes of moving forward. That’s what I heard from some group leaders. Member: it's definitely a slow process. Mark's bondholders have been saying it's close for 2 yrs. Can't imagine thinking you're close for that long. MZ: We do know they upgraded banks all over the world – including the US. Regional banks, local banks & many government institutions were upgraded over the weekend. I think we may have a lot to watch today. MZ: Hoping for updates from bonds, banks & groups over the next few days. Member: Frank said his bank contact Aki was testing the ISO 20022 system in his Detroit banks over the weekend. MZ: There were a lot of bank personnel that worked over the weekend. The redemption centere/wealth management folks I know did work. MZ: In Iraq: Baghdad to host a high level Kurdish meeting tonight to discuss the region’s salary file” That was last night. We know they brought in all the heavy hitters but what we don’t know is what were the results” They are hopeful for this week. MZ: “Parliamentary Oil: Iraq is subject to sanctions that may cripple its economy due to the smuggling of Kurdistan” Baghdad is pointing out that many of the threats of sanctions is coming because of smuggling in the northern regions. It could shut down all of Iraq if Kurdistan does not start playing along. There is a lot of pressure on the Kurdish region. MZ: “House of Representatives resumes its sessions with crucial decisions & important laws They are finally back to work. We expect to see a lot of decisions out of Iraq over the next few days. Member: Silver At $39.08. Member: Mark, I heard silver is forcast to go over $50 this week. Member: Recaps has an article from Andy about 70 million oz of silver being called in. MZ: We know its coming. Member: FL & TX Currency Exchange sent me a text to see if I want to sell them back my IQD. Member: I wonder- How will we really know when the revaluation is happening esp since we dont even know who is pulling the trigger. Member: Christmas in July would be nice this year. Member: I haven't said enough. I thank all that make this podcast possible. I sure think we are so blessed to be able to be together for this wonderful blessing. Member: Hope everyone has a wonderful day. See you in the AM. MZ: No podcast tonight unless I get big news throughout today.
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Sunday Late Night Opinion @ 11:39 PM CST - 7/13/2025
Luigi1 replied to ronscarpa's topic in Dinar Rumors
Frank26 It is getting closer every day. The advances we are seeing are impressive. It looks like we're down to one thing. The IMF says they need the reforms, not slogans. I wish they would make it clear. They need the monetary reform dog gone it...The IMF actually is the United States of America IMO. They are echoing the voice of Trump. Give us a new exchange rate. Enough is enough. Tump and the IMF are saying the same thing at the same time. Don't count on anything happening until the US is on the gold/asset backed USD. The US is dragging the world economies down under its debts & worthless UST bank notes. Common Trump...make it happen. IMHO. -
Here's another article related to the above...behind closed doors... Charlie Rich: Behind Closed Doors IQD Plans To Revalue. ARTICLE: Behind closed doors, a new world #currency hierarchy is getting set to #revaluate & the #IQD is at the center of that storm. The whispers? They’re turning into waves. And this right here is your s**t to own a piece of it all — not just a note, but a page in financial history. When #Trump makes his move, what side of the line you gonna be on? Be early, be elite, be legendary.
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Here's some articles of Dinarian interests... Direct From The SANDBOX Report. Stability Of Dollar ER In The Local Market Depends Largely On The Policies Of The CBI. Treat as rumors. Not verified. Your opine. FROM IRAQI SOURCES: The stability of the Dollar ER in the local market depends largely on the policies of the CBI. ARTICLE: Financial Expert: The Dollar's Stability Depends On Calm Abroad & The US Federal Reserve. Nouri told Furat News that "the internal economic situation is moving in a direction that provides a kind of balance in the exchange market, thanks to the measures of the CBI." However, he pointed out that "external factors such as developments in the security situation in the region and the policies of the US Federal Reserve still cast a shadow over market activity & could lead to potential changes towards an increase in the ER in the future." Nouri explained that "any external escalation or sudden change in global monetary policies could quickly be reflected in the financial markets in Iraq." The selling price in exchange shops in the local markets in Baghdad reached 142,000 Dinars for $100, while the buying price reached 140,000 Dinars for $100. In Erbil, the selling price reached 140,850 Dinars for $100 & the buying price was 140,750 Dinars for $100.
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Over 130 Urgent Laws Are Stalled In Parliament, Including HCL.
Luigi1 posted a topic in Dinar Rumors
Here's some articles of Dinarian interests...Salarry Issue To Be Resolved, Tonight. Over 130 Laws Are Stalled In Parliament, Including HCL. Failure To Get A Quorum Going & Political Disagreements Are Blamed. Treat as rumors. Not verified. Your opine. TNT via Tishwash: An Important Meeting. Baghdad To Resolve The Salaries Issue Tonight. ARTICLE: Kurdish media reported on Sunday that the capital, Baghdad, will host an important meeting tonight, attended by Kurdish ministers in the federal government & heads of parliamentary blocs, to discuss and resolve the issue of salaries in the Kurdistan Region. These outlets quoted their sources as saying, The meeting will be attended by Justice Minister Khaled Shawani, Foreign Minister Fuad Hussein, Reconstruction Minister Benkin Rikani, Deputy Speaker of the Iraqi Parliament Shakhwan Abdullah & the head of the Kurdish blocs in parliament. She added that "the anticipated meeting is being held to take urgent measures to resolve the region's employee salary crisis," stressing that "the Federal Court will hold a special session tomorrow for the same purpose." Tishwash: Customs Discusses With ASYCUDA Procedures For Unifying The Customs System Between The Central & Regional Authorities. The General Authority of Customs discussed, on Sunday, with the ASYCUDA national team & a delegation from the Kurdistan Region of Iraq, the mechanisms for implementing Resolution 270, the application of the 2017 Harmonized System Code, the steps for institutional integration & the unification of customs procedures between the center & the region. The Authority indicated that the next phase will witness a direct link & immediate exchange of customs information between the two parties. The authority said in a statement received by the Iraqi News Agency (INA): "The Director General of the General Authority of Customs, Thamer Qasim Daoud, chaired a joint meeting in Baghdad that included a delegation from the Kurdistan Region Customs, a representative of the Ministry of Interior in the region & the national team of the ASYCUDA project, to discuss steps for institutional integration & unification of customs procedures between the center & the region." The statement added, "The meeting discussed the mechanisms for implementing Cabinet Resolution No. (270) of 2024, which is a pivotal station in unifying customs policies, regulating the movement of trade exchange in a manner consistent with applicable laws & enhancing control over customs centers throughout the country." He continued, "The attendees also discussed the implementation of the 2017 Harmonized System for Data Security (HS Code) at all customs centers, including the region's customs, to facilitate the unification & integration of data between the federally approved ASYCUDA system & the systems operating in the region." Tishwash: 130 Laws Stalled In Parliament, Including Conscription, The Federal Court & The Salary Scale. On Sunday, July 13, 2025, the Parliamentary Legal Committee revealed the number of laws stalled in the Iraqi Parliament. It indicated that the failure to pass these laws, which include the law on compulsory military service, the Federal Court & the salary scale, is due to political disagreements. Committee Chairman Mohammed Anouz told Al-Jabal Platform, "There are more than 130 suspended laws in the Iraqi parliament, some of which have been suspended since previous parliamentary sessions due to political disagreements. These disagreements have deepened during the current session, leading to the continued suspension of these laws, along with the significant & dangerous disruption of sessions & the parliament's oversight role." Anouz explained that "among the most prominent of these suspended laws are: the Oil & Gas Law, the Popular Mobilization Law, the Military Service Law, the National Oil Company Law, the Federal Civil Service Law, the Slums Law, the Federal Court Law, the Retirement Law, the amendment to the Salary Scale Law & many others." Anouz ruled out "passing these laws during the current parliamentary session," citing "ongoing political disagreements over them." Yesterday, Saturday, the Iraqi Council of Representatives held its first parliamentary session of the final legislative term of the parliament, following the end of the two-month legislative recess. Luigi's two cents worth... Last week TNT announced Iraq is hours away from paying the People. Here we are...a week later & nothing has changed. Parliament fails to get a quorum going & political differences are holding up the process. Sudani must crack down on Parliament & force them to show up for work & vote. A lot of disinformation & flip flopping are coming out of Iraq. First, we hear it's done, then we hear it's not done. This is Iraq & we must bide our time. IMHO. -
US-Iraq Tariff Deal: An Opportunity To Activate E.O. 13303
Luigi1 replied to Luigi1's topic in Dinar Rumors
HUGE: Here's an aricle related to the above...Sudani is in a very good position heading into Iraq Nat'l election...Maliki becomes a lesser threat... Samson: Sudani Is In A Very Good Position. ARTICLE: Sudani Positions Himself Ahead Of Upcoming Election. “Focusing on legislation. Al-Sudani Forms The Largest Parliamentary Bloc” Quote: “The Reconstruction & Development Bloc within the House of Representatives, comprising more than 50 MPs, has been announced.” -
Here's some articles of Dinarian interests... Direct From The SANDBOX Report. US-Iraq Tariff Deal: An Opportunity To Activate E.O. 13303 Treat as rumors. Not verified. Your opine. FROM IRAQI SOURCES: Financial Expert: The Dollar's Stability Depends On Calm Abroad & The US Federal Reserve. ARTICLE: Financial expert Salah Nouri confirmed that the stability of the Dollar ER in the local market depends largely on the policies of the CBI. Nouri told Furat News that "the internal economic situation is moving in a direction that provides a kind of balance in the exchange market, thanks to the measures of the CBI." However, he pointed out that "external factors such as developments in the security situation in the region and the policies of the US Federal Reserve still cast a shadow over market activity & could lead to potential changes towards an increase in the ER in the future." Nouri explained that "any external escalation or sudden change in global monetary policies could quickly be reflected in the financial markets in Iraq." The selling price in exchange shops in the local markets in Baghdad reached 142,000 Dinars for $100, while the buying price reached 140,000 Dinars for $100. In Erbil, the selling price reached 140,850 Dinars for $100 & the buying price was 140,750 Dinars for $100. Integrity Commission Arrests Former Gov Bank Manager In Maysan For Embezzling Nearly A Quarter Of A Trillion Dinars. The Federal Integrity Commission was able to arrest a former official at a government bank in Maysan, on charges of embezzlement, damage & squandering public funds amounting to nearly a quarter of a trillion Dinars. In a statement, the Authority said that its efforts to track the movements of the fugitive convict (Ebtisam Kamel Nasser), the former director of the Agricultural Bank, supported by the information it received, resulted in locating her place of residence after extensive searches & ongoing investigations. The Commission noted that "the team, composed of the Maysan Investigation Office, was able, after moving to the convict's residence in the Al-Zubair district in Basra, to arrest her & execute the arrest warrant issued against her, with the support of the technical efforts of the Falcons Intelligence Cell," noting that "a formal report was prepared regarding the operation & presented, along with the accused, to the competent courts in Maysan Governorate." She continued, referring to “the cases in which the convict was convicted, as the competent court - after reviewing the evidence & proof in the cases it considered & found them sufficient & convincing to convict her - had previously sentenced her in absentia to imprisonment in accordance with the requirements of Article (316) of the Penal Code.” The Commission added that "the total sentences issued against the convict amounted to (37) years in prison, while the total amounts that the court of subject matter ruled to return in those cases amounted to (211,737,649,265) two hundred & eleven billion Dinars," noting that "there are (10) other cases under investigation against her." Government Advisor: US Tariffs Are An Opportunity To Activate The Joint Agreemen The PM's Advisor for Investment Affairs, Mohammed al-Najjar, affirmed on Sunday that the recent US tariffs imposed on Iraqi products represent an opportunity to activate the joint economic agreement between the two countries, while noting that they do not affect the volume of trade exchange. Al-Najjar said, "The customs duties imposed by the US on Iraqi products can be transformed from a challenge into a real opportunity to support the national economy & enhance joint cooperation." He explained that "the new customs duties do not currently have a direct impact on the volume of trade between Iraq and the US, given that Iraqi exports to the US primarily rely on oil, which is not subject to such duties." He noted that "if Iraq diversifies its exports in the future, the impact will be significant, which calls for investing in this step to strengthen economic dialogue between the two countries." He added, "These Developments Represent An Opportunity To Activate The Provisions Of The Iraq-US Framework Agreement, the economic aspects of which have not yet been implemented due to US producers' lack of familiarity with the Iraqi market compared to markets in Asia, Latin America & Europe, in addition to the challenges facing Iraqi importers, such as high transportation costs, difficulty obtaining visas & weak direct transportation routes." Al-Najjar explained that "the Iraq Development Fund, whose idea was proposed about seven months ago in cooperation with the American side, is considered one of the important tools for encouraging trade exchange & joint investment," noting that "there is a response from American authorities to this approach." He stressed that "work Is Underway To Reach Advanced Stages In Establishing This Fund, Which Will Provide A Direct Channel Linking Iraqi Importers With American Products & In Turn, Enable American Investors To Enter The Iraqi Markets." He stated, "We view these developments as an important opportunity to strengthen the national economy & open broader horizons for cooperation & partnership between Iraq & the US, in a way that serves the interests of both parties." Iraq Surpasses Saudi Arabia In Oil Exports To The US. The US Energy Information Administration announced, on Sunday, a decline in Iraqi oil exports to the US during the past week. The administration said in a statistic reviewed by Mawazine News, that "the average US imports of crude oil during the past week from 10 major countries amounted to 5.416 million barrels per day, a decrease of 772 thousand barrels per day compared to the previous week, which averaged 6.188 million barrels per day." It added that "Iraq's oil exports to the US amounted to an average of 164 thousand barrels per day, a decrease of 48 thousand barrels per day compared to the previous week, which averaged 212 thousand barrels per day." The administration also indicated that "the largest oil revenues to the US during the past week came from Canada, at an average of 3.766 million barrels per day, followed by Ecuador at an average of 441 thousand barrels per day, followed by Mexico at an average of 414 thousand barrels, from Brazil at an average of 231 thousand barrels per day & from Saudi Arabia at an average of 148 thousand barrels per day." According to the table, "US crude oil imports from Colombia averaged 124,000 barrels per day, from Libya 90,000 barrels per day, from Nigeria 38,000 barrels & from Venezuela 25,000 barrels per day."
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HOT: This New Development Could Have A Profound Impact On Peace In The ME.
Luigi1 replied to Luigi1's topic in Dinar Rumors
Here's another article related to the above...negotiating partners... NOTE: Trump sees Putin as a negotiating partner despite differences... TRENDING: Despite His Change In Tone, Trump Still Sees Putin As A Negotiating Partner & Zelensky As The Main Obstacle To A Peace Deal: REPORT. Three & a half years after the start of the war, Russian forces have an edge over the defending Ukrainians in almost every aspect. Moscow is pushing the envelope with ever-bigger drone & missile attacks targeting military infrastructure all over Ukraine, including in the western regions in the deep rear. At the same time, Russian forces are exerting pressure all over the frontline: against Sumy, Kharkov, Donetsk, Zaporozhie & Kherson. Out-manned, out-gunned & out-maneuvered, the Kiev regime defenders in many places are hanging by a thread & the overextended reserve troops have to run ‘to& fro’ to gap holes in the defense lines. In the peace process front, the positions of Russians & Ukrainians were incompatible & negotiations have stalled. As the great sponsor of peace, US President Donald J. Trump is understandably dissatisfied with the ongoing conflict & his comments increasingly highlight ‘his frustration’ with Russian President Vladimir Putin. -
Here's some articles of Dinarian interests... Sudani: There Is No Iranian Management Of Iraqi Affairs. Treat as rumors. Not verified. Your opine. TNT via Tishwash: Al-Sudani Receives The US Chargé D'Affaires To Discuss Bilateral Relations & The Regional Situation. ARTICLE: PM Mohammed Shia Al-Sudani received, today, Sunday (July 13, 2025), the US Chargé d'Affaires to Iraq to discuss bilateral relations & the regional situation. Al-Sudani's media office stated in a statement received by Baghdad Today that "the latter received the Chargé d'Affaires of the US Embassy in Iraq, Stephen Fagin, where they discussed bilateral relations between the two countries & reviewed the most prominent files of joint cooperation in various fields." The statement added that "the meeting discussed the overall situation in the region & the need for the int'l community to take immediate steps to prevent the region from sliding into a cycle of war." Tishwash: Al-Sudani: There Is No Iranian Management Of Iraqi Affairs. Prime Minister Mohammed Shia al-Sudani confirmed on Saturday that there is no Iranian control over Iraqi affairs, while pointing to the possibility of an agreement between Iran and the United States. Al-Sudani said in a television interview, "There is no Iranian control over Iraqi affairs, not even a part of them." Regarding the possibility of a deal between Iran and the United States, Al-Sudani said, "Our impression from meetings with the Iranians is that they are eager to make an agreement." He pointed to his government's "success in reducing corruption Tishwash: Erbil Is Delaying The Process & Giving Baghdad A Few Days To Resolve The Salary Crisis – Barzani's HQ "Last Chance" To Find A Way Out. Barzani's office announced on Saturday that the Kurdistan Democratic Party's (KDP) political bureau had decided to give Baghdad a final opportunity of several days to resolve the salary & financial dues crisis. This came after Foreign Minister Fuad Hussein returned from a round of talks with federal parties in the capital, Baghdad, bearing promises of a settlement soon. In the name of God, the most gracious, the most merciful. Regarding the disagreements between the Kurdistan Region & the federal Iraqi government regarding the settlement of salaries, Budget & financial dues to the Kurdistan Region, the Politburo of the Kurdistan Democratic Party (KDP) held a meeting today to take the necessary stance. However, Dr. Fuad Hussein also returned to Kurdistan today after holding a series of talks with Iraqi political parties. He informed the KDP Politburo that the political parties, figures & the federal Iraqi government have pledged to resolve this issue & address the issue of sending salaries & financial dues to the Kurdistan Region within the next few days. Based on their requests and promises & in order to continue the dialogue in a calm atmosphere & with due consideration for the situation & the public interest, we decided to grant the federal Iraqi government in Baghdad a final opportunity to find a solution that would ensure a settlement to this problem. This is based on our firm belief in preferring to resolve differences through mutual understanding, as long as the path to dialogue remains open.
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A Semi-Final Agreement With The Region To Begin Exporting Oil.
Luigi1 posted a topic in Dinar Rumors
Here's some articles of Dinarian interests... Direct From The SANDBOX Report. A Semi-Final Agreement With The Region To Begin Exporting Oil. Treat as rumors. Not verified. Your opine. FROM IRAQI SOURCES: A Semi-Final Agreement With The Region To Begin Exporting Oil. ARTICLE: Qusay Munthe, Oil Minister Hayan Abdul Ghani revealed that a near-final agreement has been reached with the Kurdistan Region to resume oil exports via the Turkish port of Ceyhan. He noted that negotiations have reached their final stages after resolving most of the contentious issues between the two parties, with the exception of the issue of domestic consumption, which remains under discussion. Abdul Ghani said in a statement yesterday that “the Budget specified quantities of crude oil that must be delivered from the Kurdistan Regional Government to the federal government for export. It stipulated the delivery of 400,000 barrels per day to the federal government, specifically to the State Oil Marketing Organization (SOMO), for export via the Iraqi-Turkish pipeline.” He stressed that “during this period, intensive talks & negotiations took place to implement this initial agreement or what was stipulated in the Budget Law. Based on these negotiations, the Budget Law was amended to expedite the implementation of the agreement & deliver the quantities according to the amendments. $16 was set for each barrel produced by the region as an advance payment, with the appointment of a consulting company within a clear scope of work to price the production of a barrel of oil in each field separately.” He pointed out that “this agreement & amendment were presented to the regional government & received real approval from all parties,” indicating that “there are some issues that have hindered the implementation of this agreement, including the issue of the Budget Law & within the audit agreements between the Financial Supervision Bureaus in the federal & regional governments, where it was agreed to set the amount of refining or internal consumption at 46 thousand barrels per day, but the region is currently demanding that this amount be 65 thousand, which constitutes a violation of the Budget Law.” Stressing that (almost all paragraphs were agreed upon except for this paragraph, and we hope that in the final stages the region will agree to the amount that was agreed upon within the Financial Supervision Bureau in the federal government & the region with the aim of implementing this agreement). Abdul Ghani explained that (from our side as the federal government, the Turkish side & the Kurdish side were informed of our readiness to receive & export this amount & I was in a meeting with the Turkish Minister of Energy, who confirmed that Ankara is ready to resume the process of exporting oil through the Iraqi-Turkish pipeline towards Ceyhan, but we are waiting for the brothers in the region to deliver this amount of oil so that it can be exported). He continued, saying, "The federal government is now losing approximately 300,000 barrels per day, because the amount produced by the region is counted as part of Iraq's OPEC quota, even though the federal government does not benefit from this amount." On a related note, Iraq ranked 12th globally in proven natural gas reserves for 2025, according to the American magazine. The magazine said in a report that (Russia, Iran & Qatar combined possess 51 percent of the world's proven natural gas reserves, totaling about 3.7 quadrillion cubic feet out of 7.3 quadrillion cubic feet available worldwide) & pointed out that (Iraq ranked 12th globally in proven natural gas reserves this year, amounting to 111 billion & 522 million cubic feet, which is equal to 1.61 percent of the world's reserves), adding that (Russia ranked first globally in proven natural gas reserves, amounting to 1 trillion & 688 billion and 228 million cubic feet, followed by Iran in second place with 1 trillion & 183 billion and 19 million cubic feet & Qatar came in third with 850 billion & 98 million cubic feet). The report continued, "The US came in fourth place with the largest proven natural gas reserves, 322 billion & 234 million cubic feet & Saudi Arabia came in fifth place with 303 billion and 284 million cubic feet of natural gas." Iraq Opens Up To Shell To Implement Major Energy Projects. Qusay Munther PM Mohammed Shia al-Sudani affirmed that the Iraqi government is opening its doors to major int'l companies, most notably Shell, to implement strategic projects in the energy sector. He emphasized that the government's vision & development plans align with the company's proposals for gas investment & modernizing the oil sector's infrastructure, serving Iraq's interests & enhancing self-sufficiency. Investment Opportunities: A statement received by Al-Zaman yesterday said that "Al-Sudani received the Deputy CEO of Shell Oil Company, Richard Howe & during the meeting, they discussed aspects of cooperation in the field of developing the energy sector & investment opportunities to contribute to achieving the common interest of both parties." Al-Sudani affirmed that "the government is harnessing all capabilities and efforts to implement major projects in light of contracts concluded with int'l companies, especially those related to gas investment & achieving self-sufficiency in its production. " He stressed that "Shell's proposals in the field of developing and reforming the oil sector are convergent with the government's vision & plans. "Al-Sudani pointed out that "the government is open to cooperating with all companies that possess the technology, experience & competence, in order to implement important projects to develop the energy sector & modernize its infrastructure. "For his part, the Deputy CEO of Shell Company affirmed that "Iraq is a mature environment for investment," reiterating "his company's keenness to develop gas investment from Basra, as well as projects to develop exploration blocks in Dhi Qar and the western region, in a way that enhances & raises the level of energy production in Iraq." Meanwhile, the Ministry of Electricity revealed that all administrative, technical & logistical requirements related to the import of Turkmen gas have been completed, following the Cabinet's approval to activate the import contract. Ministry spokesman Ahmed Moussa said in a statement yesterday that "the ministry has completed all administrative, technical & logistical requirements related to the import of Turkmen gas to compensate for the shortage in Iranian gas." He continued, "The agreement was submitted to the PM's Office & received Cabinet approval at its last session." He stressed that "the ministry is awaiting the completion of the procedures of the Commercial Bank Of Iraq related to opening credit & transferring the necessary funds to purchase the gas, which will cover part of the current deficit, estimated at 14 to 15 million cubic meters, contributing to the operation of stations with a capacity exceeding 2,000 megawatts. "He continued by saying that "the power generation stations are currently operating in a stable condition, after completing maintenance on the generating units & increasing their production capacity to the maximum." He pointed out that "the long-term agreements concluded by the ministry have achieved their goals in ensuring the sustainability of the stations' operations. However, the full release of gas remains the most important factor for continuing operations at optimal efficiency, as operating on alternative fuels reduces production efficiency." The Cabinet, in its last session, approved the activation of the gas supply contract from Turkmenistan to supply 14 to 15 million cubic meters per day, achieving an additional energy capacity of 2,000 megawatts. A Comprehensive Approach: Meanwhile, OPEC Secretary General Haitham Al-Ghais predicted that the world's need for more energy will increase over the next decade. Al-Ghais stressed, on the sidelines of his participation in the OPEC Int'l Symposium, which is being held at its headquarters in the Austrian capital, that "there is a great need to pump huge investments into the energy mix, with an emphasis on a comprehensive approach that includes the use of modern technology, reducing harmful emissions & taking into account the needs of the oil market, especially those of non-energy-exporting countries." He revealed that "the organization is issuing its forecast report for the first time during the organization's international symposium, as it provides forecasts on the interconnected and interrelated issues related to the development of the oil market & provides important information that benefits policymakers, decision-makers, experts & companies. Iraq Ranks 12th In The World In Gas Reserves. Iraq ranked 12th globally in proven natural gas reserves by 2025, according to the American magazine CEOWorld. The magazine stated in a report that Russia, Iran & Qatar combined hold 51% of the world's proven natural gas reserves, totaling approximately 3.7 quadrillion cubic feet out of the 7.3 quadrillion cubic feet available worldwide. According to the report, Iraq ranked 12th globally in proven natural gas reserves in 2025, amounting to 111 billion and 522 million cubic feet, representing 1.61% of the world's reserves. The magazine added in its report that Russia ranked first globally in proven natural gas reserves, amounting to 1,688 billion, 228 million cubic feet, followed by Iran with 1,183 billion, 19 million cubic feet, and Qatar with 850 billion, 98 million cubic feet. The report continued, stating that the United States of America came in fourth with the largest proven natural gas reserves, at 322 billion & 234 million cubic feet, while Saudi Arabia came in fifth with 303 billion & 284 million cubic feet of natural gas. A quadrillion is equal to one million billion. Basra Crude Achieves Weekly Gains Despite Lower Closing Prices. Basra crude oil posted weekly gains as global oil prices rose, despite a decline in the final closing session on Friday. Basra Heavy crude closed down $1.29 to $67.29 a barrel, but posted weekly gains of $1.18, or 1.78%. Basra Medium crude also fell by $1.29 in its last session, closing at $69.11 per barrel, but recorded weekly gains of $1.28, or 1.85%. Globally, Brent crude rose 2.5% over the week, while West Texas Intermediate crude is on track to gain about 1.6% compared to last week's close. -
HOT: This New Development Could Have A Profound Impact On Peace In The ME.
Luigi1 replied to Luigi1's topic in Dinar Rumors
Here's an article of Dinarian interests... Direct From The SANDBOX Report. Expedite Sending Of The Busget Schedules. Treat as a rumor. Not verified. Your opine. FROM IRAQI SOURCES: Expedite Sending Of The Budget Schedules. ARTICLE: The Parliamentary Finance Committee called on the Minister of Finance, Taif Sami, on Saturday to expedite sending the Budget Tables for the year 2025 to the House of Representatives for approval, as stated in an official document issued by the committee, “Based on the provisions of Article (77/Second) of the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023 - 2024 - 2025) No. (13) of the year 2023, which obligated the government to send the Budget Tables for the current fiscal year before the end of last year & since the Federal General Budget is for three years, Article (13) of the Federal Financial Management Law No. (1) of 2019 does not address current government spending, as well as not benefiting from the emergency reserve allocations account to spend it on emergency situations that the country is likely to be exposed to until the Budget Tables are approved in the year 2025.” She added, "Therefore, we urge you to expedite the submission of the 2025 Budget Schedules to the Iraqi Parliament for approval, signaling the start of legal government spending & disbursement & enabling state institutions to fulfill their obligations." -
Here's an article of Dinarian interests... RE-POST. Peace & Security Is Looking Up For The ME Thanks To A Trump-Putin Agreement In Principle. Treat as a rumor. Not Verified. Your opine. FROM OTHER SOURCES: Putin Shifts Iran Stance? Now Reportedly Supports Zero Enrichment Plan Backed By US, Trump. ARTICLE: Russian President Vladimir Putin has told President Trump that he supports the idea of a nuclear deal in which Iran is unable to enrich uranium, according to US officials who spoke to Axios. However, amid reports saying that the same message has been conveyed to Tehran, Iran’s semi-official news agency Tasnim denied it, quoting an “informed source” as saying Putin had not sent any such messages. Russia has long advocated that Iran should have the right to enrich, so Putin signing off on this ‘zero enrichment’ US plan marks what could be a significant shift & much tougher position. Presumably a scheme like this would involve an external power like Russia shipping in the enriched product needed for nuclear energy plants. In the wake of the 12-day Iran-Israel conflict, which ended with the US bombing three key Iranian nuclear facilities, Trump has declared as his red line that the Islamic Republic no longer enrich uranium. Moscow, Which Has Long Acted As A Diplomatic Go-Bbetween Involving Iran & The US, Appears To Now Side With This US Position As A Way Forward: Citing three European officials & one senior Israeli official familiar with the matter, the outlet reported that Moscow has encouraged Tehran to accept the “zero-enrichment” condition. “We know that this is what Putin told the Iranians,” a senior Israeli official was quoted as saying. But again, the Iranians appear to be denying this, based on current state media reports. The basic framework of ‘deals’ Washington has offered the Iranians is said to be that Tehran must abandon any all efforts for highly enriched uranium in return for sanctions relief. “Putin supports the no-enrichment option. He encouraged the Iranians to move in this direction to facilitate dialogue with the U.S. But Tehran refused even to consider this possibility.” –European Official: But the Iranians have also been demanding answers to the question of when and how these layers of sanctions will be removed by Washington. Iranian leaders also don’t trust the US, given a history of flip-flopping on key agreements like the 2015 JCPOA nuclear deal, which Trump pulled out of in 2018, during his first term. Tehran is expected to reject taking enrichment down to zero, considering it sees as a matter of national sovereignty, but may agree to impose limits on enrichment & a monitoring regimen – though it just reportedly kicked UN IAEA inspectors out of the country.
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Iraq CofC Honored The Best Performing Nat'l Committee, Worldwide.
Luigi1 replied to Luigi1's topic in Dinar Rumors
HOT: Here's an article that could have a huge impact on peace in the ME...Did Putin cave to Trump's Iran 'No Nukes Policy'? FROM OTHER SOURCES: Putin Shifts Iran Stance? Now Reportedly Supports Zero Enrichment Plan Backed By US, Trump. ARTICLE: Russian President Vladimir Putin has told President Trump that he supports the idea of a nuclear deal in which Iran is unable to enrich uranium, according to US officials who spoke to Axios. However, amid reports saying that the same message has been conveyed to Tehran, Iran’s semi-official news agency Tasnim denied it, quoting an “informed source” as saying Putin had not sent any such messages. Russia has long advocated that Iran should have the right to enrich, so Putin signing off on this ‘zero enrichment’ US plan marks what could be a significant shift & much tougher position. Presumably a scheme like this would involve an external power like Russia shipping in the enriched product needed for nuclear energy plants. In the wake of the 12-day Iran-Israel conflict, which ended with the US bombing three key Iranian nuclear facilities, Trump has declared as his red line that the Islamic Republic no longer enrich uranium. Moscow, which has long acted as a diplomatic go-between involving Iran & the US, appears to now side with this US position as a way forward: Citing three European officials & one senior Israeli official familiar with the matter, the outlet reported that Moscow has encouraged Tehran to accept the “zero-enrichment” condition. “We know that this is what Putin told the Iranians,” a senior Israeli official was quoted as saying. But again, the Iranians appear to be denying this, based on current state media reports. The basic framework of ‘deals’ Washington has offered the Iranians is said to be that Tehran must abandon any all efforts for highly enriched uranium in return for sanctions relief. -
Sunday Early Morning Opinion @ 6:45 AM MST - 7/13/2025
Luigi1 replied to ronscarpa's topic in Dinar Rumors
Someday the Gurus will call it & they'll be right...that's after calling it every single day for the past 20 years. Go RV. -
Here's another article related to the above...Group Rates... Agree with the Pimp...we all get the same official ER...no exceptions... Pimpy: Group Rates. ARTICLE: There is no, ‘let’s get together in a group & we’ll do our dinars together so we can get a different ER.’ You cannot negotiate the ER. The only people that have access to negotiating on an ER…are the banks. You’re not a bank. You’re not a banker. You can’t go in there & negotiate a better ER. That’s false.