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Theseus

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Everything posted by Theseus

  1. And yet the last devaluation of the IQD was in the month of December. And yet in May 2021 we find this quote (five months after the exchange rate change in December 2020]: "It was supposed that the new exchange rate will remain for one year, but the agreement of the political forces and the government breached the agreement that said the exchange rate of the dollar remains the same until 2025." the [Iraq’s Parliamentary Economic and Investment] Committee member Nada Shaker Jawdat said. So keep your seat belts fastened and your hands in the car, the ride will not be over in '23 or '24.
  2. All you need on sanctions (Some may have already been expired or revoked) as is related to US. Although Iraqi General License (No. 1 / 13315) lists the entities like Rasheed Bank and Iraqi Airways. GUIDANCE ON OFAC LICENSING POLICY Certain activities related to Iraq may be allowed if they are licensed by OFAC. Below OFAC has issued guidance and statements on specific licensing policies as they relate to the Iraq-Related Sanctions. Licenses for Legal Fees and Costs- Guidance on the Release of Limited Amounts of Blocked Funds for Payment of Legal Fees and Costs Incurred in Challenging the Blocking of U.S. Persons in Administrative or Civil Proceedings Entities Owned By Blocked Persons- Guidance On Entities Owned By Persons Whose Property And Interests In Property Are Blocked GENERAL LICENSES OFAC issues general licenses in order to authorize activities that would otherwise be prohibited with regard to Iraq. General licenses allow all U.S. persons to engage in the activity described in the general license without needing to apply for a specific license. Iraqi General License - Section 575.533 Certain new transactions now authorized. (March 26, 2004) Iraqi General License (No. 6) - Section 575.534 Transfers of certain blocked claims by U.S. financial institutions.(September 30, 2003) Iraqi General License (No. 1 / 13315) - on or after August 29, 2003, all transactions with state bodies, corporations, or agencies of the former Iraqi regime that are otherwise prohibited by section 1 of Executive Order 13315, are permitted. (August 30, 2003) LEGAL FRAMEWORK FOR IRAQ-RELATED SANCTIONS The Iraq-Related Sanctions represent the implementation of multiple legal authorities. Some of these authorities are in the form of executive orders issued by the President. Other authorities are public laws (statutes) passed by The Congress. These authorities are further codified by OFAC in its regulations which are published in the Code of Federal Regulations(CFR). Modifications to these regulations are posted in the Federal Register. OFAC may also implement United Nations Security Council Resolutions (UNSCRs)with regard to the Iraq-Related Sanctions Executive Orders 13668Ending Immunities Granted to the Development Fund for Iraq and Certain Other Iraqi Property and Interests in Property Pursuant to Executive Order 13303, as Amended(May 27, 2014) 13438Blocking Property of Certain Persons Who Threaten Stabilization Efforts in Iraq (July 17, 2007) 13364Modifying the Protection Granted to the Development Fund for Iraq (November 29, 2004) 13350Termination of Emergency Declared in Executive Order 12722 With Respect to Iraq and Modification of Executive Order 13290, Executive Order 13303, and Executive Order 13315 (Effective Date - July 30, 2004) 13315Blocking Property of the Former Iraqi Regime, Its Senior Officials and Their Family Members, and Taking Certain Other Actions (Effective Date - August 29, 2003) 13303Protecting the Development Fund for Iraq and Certain Other Property in Which Iraq Has an Interest (May 22, 2003) 13290Confiscating and Vesting Certain Iraqi Property (March 20, 2003) Statutes Antiterrorism and Effective Death Penalty Act of 1996 (AEDPA), 8 U.S.C.§ 1189, 18 U.S.C.§ 2339B International Emergency Economic Powers Act (IEEPA), 50 U.S.C.§§ 1701-1706 National Emergencies Act (NEA), 50 U.S.C.§§ 1601-1651 Section 5 of the United Nations Participation Act of 1945 (UNPA), 22 U.S.C.§ 287c Code of Federal Regulations 31 CFR Part 575 - Removal of the Iraqi Sanctions Regulations (September 13, 2010) 31 CFR Part 576 - Iraq Stabilization and Insurgency Sanctions Regulations Federal Register Notices 82 FR 61450-17 - Amended Iraq Stabilization and Insurgency Sanctions Regulations 75 FR 55463-10- Iraq Stabilization and Insurgency Sanctions Regulations - New regulations to implement Executive Orders 13303, 13350, 13364, and 13438 75 FR 55462-10- Iraqi Sanctions Regulations - Removal of the Iraqi Sanctions Regulations from the Code of Federal Regulations 70 FR 54258-05- Iraqi Sanctions Regulations - Amendment to unblock debt in which the Government of Iraq has an interest 70 FR 15761-05 - Administrative Collection of Civil Penalties 68 FR 65844-03- Authorization for U.S. Financial Institutions To Transfer Certain Claims Against the Government of Iraq 68 FR 61362-03- Removal of Certain Provisions of the Iraqi Sanctions Regulations; Interpretive Guidance 68 FR 38188-03 - Authorization of Certain New Transactions 68 FR 11741-03- Authorization of Certain Humanitarian Activities by Nongovernmental Organizations in Iraq and Iran United Nations Security Council Resolutions 1546- Reaffirming the independence, sovereignty, unity, and territorial integrity of Iraq; Reaffirming also the right of the Iraqi people freely to determine their own political future and control their own natural resources. (June 8, 2004) 1483- Reaffirming the sovereignty and territorial integrity of Iraq; Reaffirming also the importance of the disarmament of Iraqi weapons of mass destruction and of eventual confirmation of the disarmament of Iraq. (May 22, 2003) 1293-Welcoming the report of the Secretary-General of 10 March 2000 (S/2000/208), in particular his recommendation on additions to the current allocation for oil spare parts and equipment pursuant to paragraph 28 of resolution 1284 (1999). (March 31, 2000) 1284- Stressing the importance of a comprehensive approach to the full implementation of all relevant Security Council resolutions regarding Iraq and the need for Iraqi compliance with these resolutions. (December 17, 1999) 1175 Welcoming the letter of the Secretary-General of 15 April 1998 (S/1998/330) annexing the summary of the report of the group of experts established pursuant to paragraph 12 of resolution 1153 (1998) and noting the assessment that under existing circumstances Iraq is unable to export petroleum or petroleum products sufficient to produce the total sum of 5.256 billion United States dollars referred to in resolution 1153 (1998). (June 19, 1998) 1158- Concerned about the resulting humanitarian consequences for the Iraqi people of the shortfall in the revenue from the sale of petroleum and petroleum products during the first 90-day period of implementation of resolution 1143 (1997), due to the delayed resumption in the sale of petroleum by Iraq and a serious price drop since the adoption of resolution 1143 (1997). (March 25, 1998) 1153-Convinced of the need as a temporary measure to continue to provide for the humanitarian needs of the Iraqi people until the fulfilment by Iraq of the relevant resolutions, including notably resolution 687 (1991) of 3 April 1991. (February 20, 1998) 1143-Convinced of the need as a temporary measure to continue to provide for the humanitarian needs of the Iraqi people until the fulfilment by Iraq of the relevant resolutions. (December 4, 1997) 1129-Reaffirming that the implementation period of resolution 1111 (1997) began at 00.01, Eastern Daylight Time, on 8 June 1997, and that the export of petroleum and petroleum products by Iraq pursuant to resolution 1111 (1997) did not require the approval by the Secretary-General of the distribution plan mentioned in paragraph 8 (a) (ii) of resolution 986 (1995). (September 12, 1997) 1111- Decides that the provisions of resolution 986 (1995), except those contained in paragraphs 4, 11 and 12, shall remain in force for another period of 180 days beginning at 00.01 hours, Eastern Daylight Time, on 8 June 1997. (June 4, 1997) 1051-Recognizing that the export/import monitoring mechanism is an integral part of ongoing monitoring and verification by the Special Commission and the IAEA. (March 27, 1996) 986-Concerned by the serious nutritional and health situation of the Iraqi population, and by the risk of a further deterioration in this situation. (April 14, 1995) 778-Condemning Iraq's continued failure to comply with its obligations under relevant resolutions. (October 2, 1992) 706- Concerned by the serious nutritional and health situation of the Iraqi civilian population as described in this report, and by the risk of a further deterioration of this situation. (August 15, 1991) 687- Welcoming the restoration to Kuwait of its sovereignty, independence and territorial integrity and the return of its legitimate Government. (April 8, 1991) 670-Condemning further the treatment by Iraqi forces of Kuwaiti nationals, including measures to force them to leave their own country and mistreatment of persons and property in Kuwait in violation of international law. (September 25, 1990) 661-Determined to bring the invasion and occupation of Kuwait by Iraq to an end and to restore the sovereignty, independence and territorial integrity of Kuwait. (August 6, 1990)
  3. They must have run out of USD they received by the plane load from 0Bummer. Funny how that works.
  4. Tired of people attacking Luigi and leaving Ronscarpa alone (Ron originally was posting his guru garbage in another thread which was not the rumor section, while Luigi was being attacked daily by posting in the RUMOR section) when they post almost the same thing from the same so-called gurus. We will just ignore your belittling of me. What's that called? Oh it has something to do with the kettle.
  5. Apparently you don't read if you call Luigi the author of the posting. He does nothing more than Roncarpa by posting what other so-called gurus are saying. This is why it is in the RUMOR section. If you think this gospel and truth, you are so gullible that I could probably pick a rock up and sell it to you as a moon rock. There are far more people that could be gotten rid of on here than Luigi. One last word, if you don't like Luigi's posts, DON'T READ THEM. It's that simple.
  6. C'mon man, bring home that bacon so we can fry it up in a pan!
  7. Being asleep or unconscious is being apathetic. Again that is main reason for the downfall of Roman Empire.
  8. Problem is that is exactly what the left is trying to establish - a Civil War. Why? Because it will break the United States. What has been ignored/supressed was the real insurrectionists (not Trump supporters) were trying to get this to play out from the very moment Trump announced his speech on Jan 6. Those insurrectionists said they would be in the crowd with Trump supporters and you could tell who they were by the how and what they wore. Also, another suppression of facts was the Capitol police letting the crowd into the building. Too much on the left being suppressed and only the information being distributed is from what they want you to hear and see. They wanted to get rid of Trump at any cost and Jan 6 they almost brought the nation to it's knees to do it. People are "woke" ? Nah they aren't woke because they are too apathetic to see what is truly wrong. Jean Dixon, a psychic that JFK confided in, once wrote a book and said that the United States would fall just like the Roman Empire. SO far she has been mostly right. The Roman Empire fell mainly due to apathy. She also told JFK not to go to Dallas. Baba Venga, a Bulgarian mystic, herbalist, and blind since early childhood, predicted that )bummer would be elected and would be the last President of the United States. She was right. If you don't know why that prediction ended up being right, you aren't awake. I could go on and on. However, you won't listen so I will end it here. (notice I did not say anything about Nostradamus?) We are reliving history right before the Civil War in the 1850s.
  9. Gotta love translation software. Reread the sentence above and think about it.
  10. May the Fourth be with them. Maliki claims he is not their father! Rather has a lucrative deal with a local potato chip factory.
  11. Nah the politicians suffer from a condition of "growing fat walletitis" which affects politicians when they can stuff more of their constituents' money into their wallets and will refuse to do the right thing for their constituents due to the action causing the input into the politician's wallet to slow, become neutral or become negative thus the thickness of their wallet size might be affected.
  12. Good thing it wasn't called the the Geriatric Heavy Metal Wheelchair Tour. They would be cancelling that tour.
  13. The band The Rolling Stones had less final tours than the so-called final meetin(s) between Sadr and Amiri!
  14. And if you go with Shabibi's number of 1.16 that is 86.6% (1.16/1.34=0.866) of the maximum coverage Iraq can afford. Funny how that number 0.86 comes up time and time again.
  15. If I knew what you meant and meant what you knew then the meaning of the intention was clear. Now we won't talk about the passage of time. Git it sister?
  16. Somebody(ies) will know before it happens. How else will they set the rate? Oh you mean "no investor" will know. That is different than "nobody".
  17. The Oil and Gas Law, as previously written, does establish a new oil company for all of Iraq. It dissolves the old (current) one and puts in place a new Oil and Gas company going forward. In 2019, or so, they tried to implement this part of the Oil and Gas law but were thwarted. Which is why they, Shwani and the Baghdad delegation, are clamoring for legislating the Iraqi Oil and Gas Law.
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