Clare: 19,000 barrels are lost between Baghdad and Erbil…and Al-Marsoumi proposes dividing them.
7/13/2025- Baghdad
Economic expert Nabil Al-Marsoumi said on Saturday (July 12, 2025) that the current oil dispute between the federal government and the Kurdistan Region does not deserve to turn into a complex crisis, noting that the core of the dispute revolves around only 19,000 barrels of oil per day.
Al-Marsoumi said in a social media post, followed by Baghdad Today, that “the oil minister indicates that the dispute is limited to 19,000 barrels per day, while the regional government says it needs 65,000 barrels, while Baghdad offers to provide it with 46,000.”
Al-Marsoumi added sarcastically, “This isn’t a difficult problem. It can be solved very simply. Take ten from Baghdad and ten from the region, and (may God have mercy on your father),” calling for a swift settlement to end the suffering of the region’s employees who are awaiting their salaries and continue to pray for someone to contribute to resolving the crisis. LINK
Clare: The two Kurdish parties issue a joint statement…an agreement on Baghdad
7/14/2025 – Erbil
The two Kurdish parties, the Kurdistan Democratic Party (KDP), led by Masoud Barzani, and the Patriotic Union of Kurdistan (PUK), headed by Pavel Talabani, held a meeting on Tuesday, during which they agreed to continue negotiations and dialogue to resolve the issue of employee salaries and other issues.
A joint statement by the two parties, received by Shafaq News Agency, stated that after discussing and analyzing the political, economic, and social dimensions, the two sides agreed to intensify efforts to resolve the problem and provide salaries to employees of the Kurdistan Region, within the framework of the constitution, through joint cooperation between the two sides.
Another part of the meeting was devoted to discussing strengthening relations between the Democratic Party and the Patriotic Union of Kurdistan (PUK), overcoming challenges and obstacles, and protecting the Kurdistan Region and its achievements.
The attendees stressed the need to unify positions between Kurdish and Iraqi political parties to overcome and resolve this problem. LINK
*************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 The ISO 20022 is going to allow the Iraqi dinar to play fairly globally with their currency because this is what our president is asking...This was a line item with the IMF and the World Bank on their economic reform to up their global standards…They set up [July] 14th a long time ago.
Walkingstick Question: “They Syrian Central Bank has posed Middle Eastern exchange rates but they did not post the Iraqi dinar today. I believe they know a change is coming. What do you think sir?” That’s exactly right…Meaning not posted until a new rate is released by the CBI. The CBI makes the call if and when they want their currency listed for buy, sell or trade.
Militia Man Article “Iraq increased their gold reserves to over 145 tons” That’s a report from the World Gold Council…That’s a lot of gold…Remember for valuation of currencies they take into consideration what you have in assets in gold…
Rick Rule: “The Only Way to Honor $100 Trillion in Debt Is to Devalue the Dollar”
Daneila Cambone: 7-14-2025
“The circumstance that we existed in from 1980 to 2020 — while it was very pleasant — is over,” says Rick Rule, legendary investor and founder of Rule Investment Media.
Speaking with Daniela Cambone at the Rule Symposium in Boca Raton, Rule warns that the era of low interest rates has ended, and U.S. dollar hegemony is weakening.
“It seems to me that the only way that you honor the nominal value of our obligations… is by devaluing the purchasing power,” he says, pointing to over $100 trillion in entitlements and debt.
“You honor the nominal obligation of Social Security to an old geezer like me by continuing to pay him $4,000 a month… but by devaluing the dollar.”
Looking back at history, Rule points out that in the 1970s, the purchasing power of the dollar “declined by 75%,” and that “the gold price ran 30-fold.”
He believes the setup is repeating and this time, “we are in a gold and gold equities bull market.” No, we’re not waiting for it. We’re here,” he concludes.
https://www.youtube-nocookie.com/embed/ALBMSrqrICQ?feature=oembed&enablejsapi=1
 that the current...){kind=link}