Fouad Hussein announces Iraq's exit from Chapter VII

[Half Crazy Runner]

2 hours ago, yota691 said:

there are big plans in the future that will be announced soon.

I have big plans too. Just waiting on one little “event” … 

[southbeach]

What if the big plan means little but wealthy Kuwait gets legally absorbed as a State within the Baghdad federal government like Kurdistan is?

[bkeiller]

39 minutes ago, southbeach said:

What if the big plan means little but wealthy Kuwait gets legally absorbed as a State within the Baghdad federal government like Kurdistan is?

 

Might make for a good movie, but there is no way that Kuwait would give up their sovereignty and wealth to the shittshow that is Iraq and Iraqi politics. In contrast to the Kurds who have a whole history of disenfrachisement, oppression, freedom fighting, and shitty neighbors. So, it is very different geo-politically to Kuwait. IMHO Kuwait would have to be invaded, again, for them to have that sovereignty taken from them.

 

More likely, Kuwait is going to have closer commercial contacts in key areas like shipping, construction, desalination, energy/refinery tech, food processing, tourism, transportation and finance, and make out like bandits, especially if there is an RV. They might even have tax agreements, industrial zones in Iraq close to their borders, and more cross-border freedoms. Also, think of the strategic location of Kuwait regards access to the Persian Gulf. Good relations/business with Iraq deleverages the pressure the Saudis or Iranians can put on them. 

 

Ulitmately, Kuwait as a nation is the taint of the Gulf peninsula, regardless of which side you see the Saudis or the Iranians on. And that taint aint going anywhere!  😆

 

[Half Crazy Runner]

1 hour ago, southbeach said:

What if the big plan means little but wealthy Kuwait gets legally absorbed as a State within the Baghdad federal government like Kurdistan is?

They have a tendency to use hyperbole, I’m guessing it isn’t something that big … 🤷🏻‍♀️

[yota691]

After paying all compensation to Kuwait... Has the Iraqi economy been liberated?

24 minutes ago

 

 

 

10:27

 

 

 

 

Diaa Hassoun

The Kuwaiti ambassador to Baghdad, Salem Al-Zamanan, confirmed that the United Nations Compensation Committee will issue a decision to permanently close the file of financial compensation between the two countries, after Iraq paid the last payment to Kuwait a few days ago.

Al-Zamanan indicated to the Iraqi News Agency (INA), on Saturday, that Iraq has fulfilled all the obligations imposed on it under Chapter VII of the United Nations Charter and relevant Security Council resolutions in 1991.

What are the implications for Iraq's economic situation?

On this subject, the guest of the “Where is the Truth” program on Radio “Sputnik”, the economist Dr. Nabil Al-Marsoumi, says:

 

After it has paid all its compensation to Kuwait, Iraq must submit a request to the Security Council, in order to transfer it from Chapter VII of the Charter of the United Nations to the provisions of Chapter VI of the Charter, a subject that will liberate the Iraqi banking system and integrate it with the global banking system, and will also liberate the accounts Iraqi finances are with the US Federal Bank, because any financial returns in hard currency do not go directly to Iraq, but through the United States, so that compensation for Kuwait can be completed.”

 

Al-Marsoumi added: "Also, Iraq should submit a request to the UN Security Council to protect its money and deposits in the global banking system from the claims of private companies and some countries for compensation or other debts, as obtaining such a decision can free two billion dollars annually, used in development and investment, Which constitutes a strong boost to the Iraqi national economy , as the money was delayed until it reached the Iraqi Ministry of Finance, so the next government will be more fortunate than the current government.”

 

 

Details are in the attached audio file.

Prepared and presented by: Diaa Hassoun.

[yota691]

Hamdan Al-Azmi to the Minister of Finance: Has Iraq paid the compensation in full... and what are the ways to benefit from it?

Representative Hamdan Al-Azmi and Minister Khalifa Hamada
Farhan Al-Shammari
December 27, 2021
03:11 PM
31   

Representative Hamdan Al-Azmi submitted a question to the Minister of Finance and Minister of State for Economic Affairs and Investment about Kuwait's compensation from Iraq and the ways to benefit from it.

He said in the introduction to the question that the Central Bank of Iraq announced on December 22, 2021 the completion of the last remaining installment of Kuwait’s compensation amounting to (44) million US dollars, and thus Iraq had completed the payment of the full compensation amounts approved by the United Nations Compensation Committee of the UN Security Council under Resolution No. (687) for the year 1991, with a total of (52.4) billion US dollars.

Buying Kuwaiti farmers’ production and setting electricity and water tariffs on the “Parliamentary Legislative” table today
5 hours ago

Jawhar: Is the life of the next ministry shorter than the age of its formation?
15 hours ago
Al-Azmi inquired about Iraq’s payment of the full amount of compensation to Kuwait, providing him with a detailed statement of the compensation payments paid, and whether any part of these compensations has been waived, with providing him with ways to benefit from Iraqi compensation and details of their disbursement, in addition to granting Iraq financial loans during the last 20 years. value, and the terms and conditions of these loan agreements.
 

[Half Crazy Runner]

2 hours ago, yota691 said:

Iraq must submit a request to the Security Council, in order to transfer it from Chapter VII of the Charter of the United Nations to the provisions of Chapter VI of the Charter, a subject that will liberate the Iraqi banking system and integrate it with the global banking system

We are getting closer… 

[Adam Montana]

I’m sure everyone here already understands how big this is… what an incredible milestone!

[nannab]

Yup Yup!!! Good morning Mr. Adam. Happy New Year to us all  

Thank you Yota  

[Fairways&Greens]

42 minutes ago, Adam Montana said:

I’m sure everyone here already understands how big this is… what an incredible milestone!

An exciting time! Let the international banking begin!

[tigergorzow]

1 hour ago, Adam Montana said:

I’m sure everyone here already understands how big this is… what an incredible milestone!

Yes Yes, Come on git er done boys & girls....We are extremely ready for the RV / RI....BOOM...👍🙏😁

[lmb4321]

Thanks Adam for the Input......Next Stop..... Getting your Text Message!!!....🤙

[NoviceInvestor]

 Trying hard not to be impatient . 🙏

[Wiljor]

Sure do Adam, things are looking frosty 

[Wiljor]

Love this 

 

After it has paid all its compensation to Kuwait, Iraq must submit a request to the Security Council, in order to transfer it from Chapter VII of the Charter of the United Nations to the provisions of Chapter VI of the Charter, a subject that will liberate the Iraqi banking system and integrate it with the global banking system, and will also liberate the accounts Iraqi finances are with the US Federal Bank, because any financial returns in hard currency do not go directly to Iraq, but through the United States, so that compensation for Kuwait can be completed.”

[SONIA1]

So can some one show us where does it say that Iraq will RV after chapter 7 is gone..🙄

 

    

[edbeach]

16 minutes ago, SONIA1 said:

So can some one show us where does it say that Iraq will RV after chapter 7 is gone..🙄

 

    

They can't because Iraq did not sat they will RV after chapter 7 is gone that is Guru talk. The Guru;s are constantly lying all the time

[Longtimelurker]

1 hour ago, SONIA1 said:

So can some one show us where does it say that Iraq will RV after chapter 7 is gone..🙄

 

    

I think maybe it's the fact that they CAN RV..

[rvmydinar]

Why should the CBI have to announce the rv openly to the publics ahead of time? If i say if the CBI announce the rv openly to the publics ahead of time, then what is going to happen to dinar investors worldwide , dinar dealers, and specially corrupt iraqi government politicians ( for example, Malarki and his corrupt friends(?) Smuggle and trade dinar for dollars out of iraqi country ).

[Bama Girl]

On 12/1/2021 at 8:41 AM, Longtimelurker said:

$3.675 would definitely take the Iraqis back to the glory days!

It would take me to my glory days too!!😄

[screwball]

On 12/26/2021 at 8:49 AM, Fairways&Greens said:

I like this statement. Bring it on! 

i love this statement too!!!

[screwball]

On 12/28/2021 at 11:59 AM, SONIA1 said:

So can some one show us where does it say that Iraq will RV after chapter 7 is gone..🙄

 

    

bo such thing has been written just assumptions that they are UNSC sanctions and one of those was currency

[screwball]

there are however articles to suggest that they need a internationally tradeable currency to become a member of the WTO and tons of articles to suggest that they want to return to their former value also tons of articles alSo IMF requirements that state they must remove mulit currency MCP practices this means removing parallel markets as well as auctions....last 2017 IMF requirement said they need to remove all barriers and create fiscal space!!!

[screwball]

3 hours ago, Bama Girl said:

It would take me to my glory days too!!😄

i believe it will be  3plus

[WheresmyRV?]

6 hours ago, screwball said:

i believe it will be  3plus