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This compilation of financial-related insights includes videos from Mark Moss, Tech Revolution, Sean Foo, and Gregory Mannarino.
Mark Moss begins with talking about the new BRICS currency and what everyone has wrong about it. Tech Revolution brings news of Iran and Iraq’s move to subvert Western sanctions. Sean Foo talks about Russia’s game plan with grain. Gregory Mannarino talks about food inflation, JPMorgan’s stock market warning, China dumping the US Dollar, and more.
Mark Moss
Jul 27, 2023
Forget what you thought you knew! The world’s shifting power dynamics go beyond wars with countries like Russia and China. Join us as we reveal the real battleground: control over global money.
The US’s weaponization of the monetary system is just the beginning. A groundbreaking new system is on the horizon, and we’re breaking it all down for you.
Don’t be left in the dark – discover the future of the international monetary system in this eye-opening video!
Tech Revolution
Jul 28, 2023
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So, there is this news about two nations that are making headlines with their groundbreaking oil-for-gas deal. It’s like watching a real-life game of strategy as Iran and Iraq cleverly navigate the complexities that have tied their hands for so long.
Who are these key players, you ask? Well, on one side, we have Iran, known for its well known nuclear program and often tense relations with the rest of the world. On the other side, we have Iraq, a nation rich in oil but struggling to keep the lights on during the scorching summer months without Iran’s precious gas.
This trade of oil for gas has captured the attention of the global audience, especially because it challenges U.S. sanctions on Iran. With the United States as a powerful player on the world stage, all eyes are on how they’ll respond to this bold move.
Iran and Iraq are cooking up a gas supply deal. It’s like that classic neighborly agreement, but with a twist. With this, Iraq’s gonna get more gas from Iran to power up their homes and stuff. Great news, right?
There was some bad blood between them about payment for earlier gas shipments. You know how it is, money can sometimes mess things up. Because of this tiff, Iran cut off gas flows to Iraq, leading to some power shortages
But now, they finally settled the payment dispute, and that means no more power shortages. But hey, it wasn’t a cakewalk. The regular way of paying each other was blocked due to those U.S. sanctions on Iran.
So, Iraq tried to get the U.S. to make an exception, but no dice. But hey, where there’s a will, there’s a way. Iraq and Iran came up with a clever plan. Instead of money, they decided to swap gas for Iraqi crude oil to dodge those U.S. sanctions.
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Iran’s got some hefty payments to collect from Iraq for all that gas they’ve been sending over. Now, here comes the twist again! The U.S. wasn’t exactly doing a happy dance over this deal. They’ve been nudging Iraq to find another gas source instead of relying on Iran.
But you know what, it’s not that easy. Developing their gas resources takes some serious money, and that’s where the trouble lies. In addition, Last week, Iraq nailed a huge investment deal with a French energy giant worth a jaw-dropping $27 billion.
Part of that cash is gonna be pumped into cutting down gas flaring at Iraqi oil fields and using that gas for power generation. Smart move, right? It’s got its ups and downs, but in the end, it’s all about keeping the lights on and the AC running during those hot summer days. Let’s hope they find a way to keep everyone happy and powered up.
But, hold on a sec, this could get a bit tricky. As I’ve said, The United States didn’t give the green light for this oil-for-gas swap, so it might not sit well with them. They recently had a deal with Iran to release $10 billion of frozen funds, but then Iran cut off gas supplies to Iraq to protest for not getting their money back in full. Talk about drama!
Now, with this new arrangement, there’s a chance for some serious sanctions dodging. You know, like a cat-and-mouse game between Iran, Iraq, and maybe even Russia. It’s like they’re trying to find loopholes to get what they want.
I wonder how this will all play out in the end. It’s like a high-stakes game with international consequences. Let’s hope things work out without any trouble, and the situation doesn’t escalate.
The catch is, the exemption has some tricky fine print. It’s like trying to pull off a secret exchange without the U.S. Treasury Department’s green light. They don’t want anyone engaging in sneaky barter schemes involving Iran’s Central Bank.
They consider it a big no-no to trade oil payments or other goods with Iran in ways that violate the sanctions. And guess what? If any financial institution gets caught playing this risky game, they’re in for some serious sanctions themselves!
So, it’s like walking on a tightrope for anyone involved in natural gas deals with Iran, especially if oil is in the mix. Now, here’s the juicy part. A mysterious official recently spoke to Al-Hurrah on July 13, but their lips were sealed when asked about reports of a possible deal between Iraq and Iran.
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Sean Foo
Jul 28, 2023
In a shocking move, Russia promised to give free grain to the African nations. This comes on the back of exiting the Black Sea Grain deal, flipping the script on the West. However, food inflation is still a pressing problem that’s about to get worse.
Gregory Mannarino
Jul 28, 2023
Food Inflation Continues To SKYROCKET. JP Morgan WARNS AGAIN On The Stock Market! Mannarino
LIVE! New Dollar Threat. Chinese State Banks Are Dumping Dollars. Watch Commodity Prices. Mannarino
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