Samson: Al-Kazemi sets the sixth of June 2021 as the date for early elections
20:43 – 07/31/2020
On Friday, Prime Minister Mustafa Al-Kazemi announced the appointment of the sixth of June next year as the date for early elections.
Al-Kazimi said in a speech to him, followed by (the information), “We formed a committee from day one to overcome obstacles before the Electoral Commission.”
“We have worked tirelessly to work on a comprehensive reform paper that will revive the Iraqi economy and resolve crises,” he declared, “defining June 6 of next year as the date for early elections.”
Samson: Al-Kazemi: We have worked tirelessly to prepare a comprehensive reform paper to revive the Iraqi economy and activate the industrial and agricultural sectors
31st July, 2020
Said Prime Minister Mustafa Kazemi, Friday that the incoming Iraqi people will change the face of Iraq and remove him the effects of years of wars and conflicts, indicating his quest to investigate measures fair to do right and bring the criminals to justice and will not give up the measure until the back right of the owners and addressed Kazemi of the Iraqi people His TV address, today, Friday, said, “Your will will change the face of Iraq and remove from it the effects of years of wars and conflicts.” He explained that “from the first day we formed a committee to overcome the obstacles before the Electoral Commission.“
Al-Kazemi stated that “various parties tried to push to plunge the country into blood and end its hopes for recovery”, pointing to “intersections and internal and regional conflicts that threaten again the security and sovereignty of Iraq.” He said, “Accusations were launched against me personally and against all who approached me before and after the formation of the government.” Al-Kazimi added, “We have worked tirelessly to work on a comprehensive reform paper that will revive the Iraqi economy and solve crises.“
The Prime Minister noted that “the white paper would introduce projects to address the crisis of unemployed youth and revive the market.” Al-Kazimi added, “There are no solutions to deal with crises without regaining the prestige of the state,” adding, “We started with practical steps to invest in gas.” He continued, “We faced the security conflict and the attempt to plunge Iraq into international and regional conflicts.” Al-Kazimi emphasized that “we refused to drag Iraq into the policy of axes.”
MilitiaMan: So the white papers have been worked on tirelessly for sometime now? Solving crises with the aim of regaining the prestige of the state. Solving crises in both security and economic wise is the goal. Activating the industrial and agricultural sectors will take the white papers data to do so.
Just as the World Bank has mentioned in recent past. They will support and manage Iraq’s assets.
The gas investments will cease the flaring, imo.. Those sectors will usher in new revenues to support what the white papers hold in them along side; oil, taxes and tariffs, etc..
The white papers will or does hold the plan and at what rate (prestige) that plan will use to stimulate the social market economy, as they now have control or full sovereignty. We know the borders have been secured with special forces recently. They faced the threats to plunge Iraq into conflict and have managed thus far to be successful.
We see large USA and Foreign firms going into Iraq now and will continue; i.e., Shell, Total, Siemens, etc.. The large firms of the world would now have had the need to know key items within those white papers. Hence, there has been noted to be large sums of money movement of late. Just as we were shown there would be.
The FIMA and CML are both well seasoned mechanisms and law in place to facilitate large movements of money for to smooth money flows and keeping the playing field level with the currency manipulation law.
The revival of the state will rely on the country having sovereignty and prestige. Both require law and order and both relate to a countries currency.
They’ll need to adjust their rate at some point and the pressure to do so has to be immense now.
Their reserves are dwindling fast.. The market economy will stimulate not only their revenues at the borders, but, also with the businesses that will bring in building materials, employment, ability to sell stock internationally, Bonds, etc..
The laundry list of ways they can support the new currency is surely well studied now and as Nassiri has written to the PM, poiningt out the road map to get where they need to be.
It now looks as though the PM has full intent on following it.. imo A Good thing. So lets see if the investors will accept the new platform they mentioned for the ISX this next weekend.. I am sure many eyes are watching. ~ MM
As an example:
The “economists’ trilemma” says that a country has monetary sovereignty if:
It issues its own currency,
Has a floating exchange rate, and
Allows capital to move in and out of the country freely.
If all three conditions are satisfied, this theory says, the central bank can use interest rates and other monetary tools such as quantitative easing (QE) to control inflation, unemployment and economic growth. The resultant economic stability can make a country a good place to do business.
The Federal Reserve established a temporary repurchase agreement facility for foreign and international monetary authorities (FIMA Repo Facility) to help support the smooth functioning of financial markets, including the U.S. Treasury market, and thus maintain the supply of credit to U.S. households and businesses.
(FIMA) Repo Facility – Federal Reserve
Currency Manipulation and Countervailing Duties
On April 6, 2020, the rule is to go into effect and U.S. industries can begin submitting petitions for potential relief to the U.S. International Trade Commission and Commerce’s International Trade Administration. Currently, Customs and Border Protection (CBP) assesses more than $200 million per year in CVD.Feb 13, 2020
Samson: Stifling Iran .. Tehran is crying out for its terrorism: no one wants to deal with us financially
2nd August, 2020
Tehran has entered the most difficult stage of sanctions. The Iranian currency is not touched by anyone and does not deal with it. Even its top financial partners, such as Russia and China, fear US sanctions. Experts said that this is the last stage before the fall and collapse. Even food, Iran cannot buy from abroad. Because of the terror money you own.
For his part, the head of the Iranian-Chinese Chamber of Commerce, Majeed Reza Hariri, said that China and Russia are refraining from any banking exchange with Iran because of international sanctions. “Iran currently does not have any banking dealings with Russia and China. If any person with an Iranian passport asks for banking services in these two countries, he will be rejected,” Hariri was quoted by the Iranian Labor Agency as saying. Hariri said, according to the report, “There is no bank willing to cooperate with us because we are accused of money laundering. This matter, in addition to the American sanctions, imposed double pressure on us.”
The Iranian official considered that Iran’s failure to ratify the “Financial Action Group” treaty on money laundering and combating the financing of terrorism, and US sanctions, put Iran in financial isolation. The International Financial Action Task Force “FATF” has placed Iran on its blacklist since last February, for not abiding by international rules to combat money laundering and terrorist financing.
This decision was taken after the end of the deadline granted to Iran, during a meeting attended by more than 800 delegates from 205 countries and a number of international organizations such as the United Nations, the International Monetary Fund and the World Bank. The decision came after more than three years of warnings sent by Tehran’s financial team to urge it to join the anti-terrorist financing agreements. Both the Guardian Council and the Expediency Council – dominated by hardliners – refuse to ratify the Anti-Money Laundering and Terrorist Financing Treaty !!
Iranian hardliners say that joining this treaty will prevent Iran from sending funds to its regional agents such as the Lebanese militia Hezbollah, the Palestinian Hamas movement and the Popular Mobilization factions in Iraq, which the United States and some other countries have designated as international terrorist groups.
The pressure of the government of Iranian President Hassan Rouhani to ratify the FATF agreements did not succeed with the aim of relieving part of the international pressure and the financial embargo on Iran.
Iranian sources told Reuters that the Iranian central bank is unable to transfer billions of dollars from the proceeds of oil exports that accumulated between 2016 and 2018 into bank accounts that operate even through the mechanism.
”And those funds accumulated in bank accounts in countries where Iran sold oil to them, especially in Asia And, including South Korea and Japan, during the years after Iran signed its nuclear agreement with world powers and before the Trump administration withdrew from the agreement and reimposed sanctions on Iran in 2018.
That money froze when imposing sanctions again targeting the Iranian Central Bank and dollar transactions with Iranian entities. As a result, international banks and their governments, from which they obtain approval, are afraid to allow the release of these funds without special authorization from Washington on a case-by-case basis.
The South Korean Foreign Ministry confirmed that, under the current US sanctions, it is impossible to return the money in cash, and any permission in relation to the funds requires the authorization of the United States specifically. He also noted that Seoul discussed the Swiss track as another possible means of transferring money, pointing out that the United States has not shown a positive attitude towards these proposals.
The most severe consequences of the US sanctions on Iran are on the way, and Tehran will pay the price dearly if it does not back down from terrorism. LINK
MilitiaMan: Sure looks like they have backed them selves into a box canyon and no where to go. They’ll have internal strife now.. When food gets short, so do tempers.. Especially when it is hot.. imo ~ MM