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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Thursday PM 6-27-2024

Thoughts From Holly: 6-27-2024

Hi everyone, I haven’t done a post about the RV in so long because it’s been wash, rinse, repeat forever..

I hear all the chatter that everybody hears but until I know that the codes have been entered all the chatter is the same that it’s always been and it’s no use reporting on that.

A friend of mine said you’ve been quiet for so long people have  forgotten about you ha ha.  What can I tell you because I know many are losing hope as this drags on. 

1.  based on Iraq’s progress things are definitely on track to being done. 

2.  based on the global situation, it’s heightened to a level that we are seeing the destruction of the old guard. 

3.  there is so much mis-direction. Mis-‘information at a very fast pace that it’s very confusing. 

Thoughts From Holly: 6-27-2024

Hi everyone, I haven’t done a post about the RV in so long because it’s been wash, rinse, repeat forever..

I hear all the chatter that everybody hears but until I know that the codes have been entered all the chatter is the same that it’s always been and it’s no use reporting on that.

A friend of mine said you’ve been quiet for so long people have  forgotten about you ha ha.  What can I tell you because I know many are losing hope as this drags on. 

1.  based on Iraq’s progress things are definitely on track to being done. 

2.  based on the global situation, it’s heightened to a level that we are seeing the destruction of the old guard. 

3.  there is so much mis-direction. Mis-‘information at a very fast pace that it’s very confusing. 

4. they will never ever tell us what they are going to do, when they’re going to do it, or how they’re going to do it. 

5. All we can do is sit back and wait for this to happen and live your life until it does. 

6. This is the most important, don’t stop living your life till this happens. Continue living your life. 

7. I see a culmination of this sometime this summer and it could go now or it could be later, no one and I mean no one will know when.

8. We are definitely in the end time of all of this.

-Holly

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   Question   "What does the 'coming period' mean in Iraq time?"  It means in the near proximal future.  It means within arms reach.  It means it's already happened...or they never would have telegraphed it the way they're doing now.  That's just the way the Middle East is.

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
How can Sudani say again today the dinar is worth more than the dollar, yet it's still 1320?  My bank guys says, simple.  All these contracts and agreements with other countries is with dinar at a new rate which they are operating it without nobody else's knowledge...it has to be that, no other explanation. 

************

TNT:

Tishwash:  The President of the Republic approves the 2024 budget schedules

Today, Thursday, President Abdul Latif Rashid ratified several laws, including the 2024 budget schedules.

The Presidency of the Republic stated in a statement received by {Al-Furat News}, that “The President of the Republic, Abdul Latif Rashid, ratified a number of draft laws, which are the schedules of the Federal Budget Law for the year 2024, the first amendment to the law against prostitution and homosexuality, and the law extending the work of the Independent High Electoral Commission.”

And the first amendment law to the law regulating the rent of agricultural lands and ownership of the right to dispose of them for agricultural and veterinary graduates.”

She added, "The laws were sent after their approval by the President of the Republic for publication in the Iraqi newspaper Al-Waqa'i to enter into force."

The Presidency of the Republic confirmed that it is “moving forward in supporting legislation and laws that are in the interest of the country and citizens, by approving the laws approved by the House of Representatives, as well as by submitting draft laws by the Presidency of the Republic to the House of Representatives for the purpose of discussing and approving them.”

 link

A different version

 Today, Thursday, President Abdel Latif Gamal Rasheed approved a number of laws, including the 2024 budget schedules.

The Presidency’s Media Department said in a statement received by Al Sa’a, “The President of the Republic ratified a number of draft laws, which are the schedules of the Federal Budget Law for the year 2024, the first amendment to the law against prostitution and homosexuality, the law extending the work of the Independent High Electoral Commission, and the amendment law.” The first is a law regulating the rental of agricultural lands and granting the right to dispose of them for agricultural and veterinary graduates.”

She added, "The laws were sent after their approval by the President of the Republic for publication in the Iraqi newspaper Al-Waqae' to enter into force."

On the 14th of this month, the House of Representatives sent the decision to approve the 2024 budget schedules to the Presidency of the Republic for approval.

**************

The Stock Market WILL CRASH 80% OR MORE. Extreme Distortions. IMPORTANT UPDATES.

Greg Mannarino:  6-27-2024

https://www.youtube.com/watch?v=hbOllNxi4xg

FIVE STAGES of Denial During Economic Collapse

Taylor Kenney:  6-27-2024

Taylor Kenney uncovers The 5 Stages Of Denial that people face during an economic collapse, inspired by Brandon Smith's insightful article. Learn why mainstream experts often overlook critical warning signs and how you can stay ahead of the curve.

 This engaging discussion not only breaks down the psychological barriers to accepting financial reality but also empowers you with the knowledge to safeguard your future.

Thank you, Brandon Smith from Alt-Market.us, for allowing us to use this article to create this video. You can find the original article here: https://alt-market.us/the-five-stages...

https://www.youtube.com/watch?v=glgHXcMbRlw

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Global Economic News from the Seeds of Wisdom Team Newshounds Thursday Afternoon 6-27-24

Global Economic News from the Seeds of Wisdom Team Newshounds Thursday Afternoon 6-27-24

Good Afternoon Dinar Recaps,

WEF regards Việt Nam as a model of robust developing economy

"They view Vietnam as a model of a robust developing economy that effectively leverages the opportunities of the Fourth Industrial Revolution." "Both sides were pleased with the significant developments in the cooperation between Vietnam and the WEF in recent times, especially the signing of the Memorandum of Understanding (MOU) for the 2023-26 period last year at the WEF's summer meeting in Tianjin, China." They were also extended a formal invitation to attend the WEF annual meeting in Davos 2025.

Global Economic News from the Seeds of Wisdom Team Newshounds Thursday Afternoon 6-27-24

Good Afternoon Dinar Recaps,

WEF regards Việt Nam as a model of robust developing economy

"They view Vietnam as a model of a robust developing economy that effectively leverages the opportunities of the Fourth Industrial Revolution."

"Both sides were pleased with the significant developments in the cooperation between Vietnam and the WEF in recent times, especially the signing of the Memorandum of Understanding (MOU) for the 2023-26 period last year at the WEF's summer meeting in Tianjin, China."

They were also extended a formal invitation to attend the WEF annual meeting in Davos 2025.

Read more:  Vietnam News

~~~~~~~~~

"UAE: Gold prices in Dubai recover in early trade after plunging Dh2.5 per gram

Globally, gold was steady at $2,299 per ounce at 9.10 am UAE time, trading at nearly a two-week low, due to a stronger US dollar and higher bond yields."

© Newshounds News™

Read more:   Khaleej Times

~~~~~~~~~

"Strengthen Central Bank Independence to Protect the World Economy  

Independence is critical to winning the fight against inflation and achieving stable long-term economic growth, but policymakers risk facing pressure amid a wave of elections this year.

To strengthen this work, we introduced a new way to measure independence based on which aspects of it matter most, according to our recent survey of central banks.

And to increase accountability, we have developed a transparency code that helps central banks assess and improve their practices."

© Newshounds News™

Read more:  IMF

~~~~~~~~~

"IRAQ AND CHINA STRENGTHEN TIES WITH MAJOR DEVELOPMENT INITIATIVE"

"Iraq's 17 billion Strategic Development Road (SDR) will create a transport corridor from Basra to Europe, linking China's Belt and Road Initiative (BRI)."

We're seeing more countries choosing to invest in Iraq as they develop into a recognized market economy.

© Newshounds News™

Read more:  Oil Price

~~~~~~~~~

"Digital euro would maintain freedom to choose how Europeans pay - ECB

With Europe inching towards the issuance of a digital euro, the ECB has embarked on a charm offensive, taking to media outlets across the continent to reassure citizens that the new payments option will compliment, not replace, cash and provide them with greater freedom of choice.

While a final decision on issuing a digital euro has yet to be made, the ECB last year moved onto a two year preparation phase ahead of any launch, which would come in 2026 at the earliest.

In an article published in a host of publications, executive board member Piero Cipollone makes the case for a digital euro, noting that "we do not yet have a cash equivalent for making digital payments, which limits our freedom in an increasingly digital age"."

© Newshounds News™

Read more:  FinExtra 

~~~~~~~~~

"Central banks must raise game in face of AI - BIS

Central banks should embrace artificial intelligence to sharpen their analytical tools in pursuit of financial and price stability, according to the Bank for International Settlements.

AI will have a transformative effect on the financial system, labour markets, productivity and economic growth, says the BIS in a new report which warns that widespread adoption could have repercussions for inflation dynamics.

"The rapid and widespread adoption of AI implies that there is an urgent need for central banks to raise their game," says the BIS. "Central banks need to upgrade their capabilities both as informed observers of the effects of technological advancements as well as users of the technology itself."

*************

As a user of the technology, central banks can boost nowcasting by using real-time data to better predict inflation and other economic variables and to sift through data for financial system vulnerabilities, allowing authorities to better manage risks."

© Newshounds News™

Read more: FinExtra 

~~~~~~~~~

"Chase is the first bank in all lower 48 US states, what next?

Andrea Principe, managing director – Northeast division director – consumer banking, Chase, took to the stage at Future Branches in Boston to explore how while the banking industry faces challenges in sustaining core deposits, deepening customer trust, and building relationships, it is important to learn from failures, reengage with customers, and provide exceptional in-person experiences.

Across the US and worldwide, there is a need to balance technology and human connection in branch banking, and adapt branch networks to cater to various customer segments. Additionally, banks’ community development initiatives should be bolstered to build trust and offer financial support to underserved communities.

Chase's branch strategy, focusing on client relationships and digital investments."

© Newshounds News™

Read more: FinExtra  

~~~~~~~~~

Newshound's Daily Breakdown Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Newsletter

Thank you Dinar Recaps

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Thursday 6-27-2024

TNT:

CandyKisses:  Al-Muthanna Investment: The governorate is witnessing a qualitative boom in the size of projects

Information/Muthanna...The Muthana Investment Authority confirmed on Thursday that the governorate is witnessing a qualitative boom in the size of economic projects during the current period.

The head of the authority, Adel al-Yasiri, told the Information Agency that "the province has dozens of investment projects, including completed and others under construction, which will be completed within specific timetables."He added, "The Muthanna Investment Commission is currently supervising dozens of projects in various vital sectors that drive the economic wheel in the province."

Al-Yasiri pointed out that "all these projects are of great benefit and return to Muthanna in general and to the people of the province by providing job opportunities and implementation with the best engineering specifications required."

TNT:

CandyKisses:  Al-Muthanna Investment: The governorate is witnessing a qualitative boom in the size of projects

Information/Muthanna...The Muthana Investment Authority confirmed on Thursday that the governorate is witnessing a qualitative boom in the size of economic projects during the current period.

The head of the authority, Adel al-Yasiri, told the Information Agency that "the province has dozens of investment projects, including completed and others under construction, which will be completed within specific timetables."He added, "The Muthanna Investment Commission is currently supervising dozens of projects in various vital sectors that drive the economic wheel in the province."

Al-Yasiri pointed out that "all these projects are of great benefit and return to Muthanna in general and to the people of the province by providing job opportunities and implementation with the best engineering specifications required."

************

CandyKisses:  Sudani stresses the importance of developing cooperation with NATO after the end of the mission of the international coalition in Iraq

Shafaq News / Prime Minister Mohammed Shiaa Al-Sudani stressed on Thursday the importance of developing cooperation with NATO after the end of the mission of the international coalition led by the United States of America in Iraq.

This came during his meeting with the commander of the North Atlantic Treaty Organization (NATO) mission in Iraq, General Lucas Schroers, who recently took office, according to a statement issued by the Sudanese media office.

The statement stated that, during the meeting, the security situation in the region was discussed, and the efforts of the mission and its cooperation with the Iraqi security institutions in the field of advice and training were reviewed, and in the field of intelligence coordination towards the prosecution of remnants of remnants of ISIS terrorist gangs.

The statement added that the Prime Minister stressed the importance of developing bilateral cooperation with the mission in the areas of training and information coordination, with the Iraqi armed forces after the end of the international coalition mission in Iraq, in a way that enhances security and helps in the stability of the region.

For his part, General Schroors expressed his thanks to the government, for supporting the mission, and providing the necessary facilities for its work in Iraq, according to the statement.

Earlier this year, the Iraqi Foreign Ministry announced the success of the negotiations with America and the agreement to form a "supreme military committee" to draft a specific and clear timetable that determines the duration of the presence of the advisers of the international coalition in Iraq.

On Wednesday, June 5, a political source was informed, revealed a 40-day deadline granted by armed Iraqi factions to Prime Minister Mohammed Shia Al-Sudani, to resolve the file of removing US forces from the country, promising that otherwise it would resume their attacks against US military forces.

In early February, attacks by armed groups on U.S. forces in Iraq and Syria stopped, after a drone attack killed three U.S. soldiers in Jordan, in response to which the United States carried out air strikes on sites in Iraq and Syria.

In the midst of the new developments, a political source familiar with Shafaq News told Agency that "a number of armed factions have given the Sudanese and his government until mid-July to resolve the file of removing American forces from the country."

The source added, "The factions stipulated the establishment of an announced and binding timetable for the resolvement of this file, and otherwise military operations against American goals and interests in Iraq and the region will be resurred."

On January 30, 2024, the Hezbollah Iraq Brigades announced the cessation of its operations against US forces in order to “not embarrass the Iraqi government,” recommending its fighters “temporarily negative defense.”

Iraqi armed factions launched periodic attacks on US bases in Iraq and Syria, which began in late October 2023, against the backdrop of the Gaza war.

************

CandyKisses:  Al-Sudani receives the commander of the NATO mission in Iraq

Prime Minister Mohamed Shia Al-Sudani received, on Thursday, the Commander of the North Atlantic Treaty Organization (NATO) Mission in Iraq, General Lucas Schroers, who recently assumed his duties.

During the meeting, they discussed the security situation in the region, and reviewed the mission's efforts and cooperation with Iraqi security institutions in the field of advice and training, and in the field of intelligence coordination towards pursuing the remnants of ISIS terrorist gangs.

The Prime Minister stressed the importance of developing bilateral cooperation with the mission in the fields of training and information coordination with the Iraqi armed forces after the end of the international coalition mission in Iraq, in a way that enhances security and helps stabilize the region.

For his part, General Schroers expressed his thanks to the government for supporting the mission and providing the necessary facilities for its work in Iraq.

Prime Minister's Media Office

27- June- 2024

************

Tishwash:  European Union: The Iraqi government has achieved development in international investment

The European Union announced, on Wednesday, that the Iraqi government has achieved progress in international investment, while noting that it sets an example of cooperation with international legal standards.

The European Union Ambassador to Iraq, Thomas Seiler, said in his speech during the launch of the National Investment Commission conference in cooperation with the United Nations Development Programme, entitled (Mediation: New Horizons for Facilitating Business and Retaining Investors in Iraq), followed by “Al-Iqtisad News,” “I congratulate the Iraqi state and business leaders on the great Iraqi achievement.” represented by the signing of the Singapore Agreement on Mediation,” indicating that “this agreement is considered a basic international treaty that seeks to reach a settlement between the conflicting parties.”

He added, "One of the points of importance for the Iraqi government is the development in international investment as well as commercial transactions, taking into account that disputes may arise due to differences between parties across countries. Therefore, when this happens, the parties need an appropriate method to resolve these disputes in an efficient manner and in an appropriate time, and thus mediation."

 It is the one who does this, as it provides an opportunity for the parties to resolve the problem effectively when disputes arise. It also gives an opportunity for the parties to maintain working relationships, which is consistent with the best interest of investors as well as local companies who seek to move forward with investment operations, which are extremely important for Iraq.

He explained that "Iraq, by signing the Singapore Convention, has clearly sent a signal about its commitment to developing the mediation infrastructure, and therefore this requires adopting legislation to enforce mediation operations that take place based on approvals issued by Iraqi courts and are applicable to the parties, as well as the list of countries joining this increasing convention, represented recently by the accession of the Kingdom of Saudi Arabia, Turkey, Jordan and Iran."

He continued: “After Iraq ratified the New York Convention 2021, we welcome the great efforts to adopt the mediation law and I believe that it will be launched soon,” noting that “the issue of ratification is very important and therefore the Iraqi government is providing evidence and an example of alignment and cooperation with international legal standards as well as through the adoption of these mechanisms for effective alternative dispute resolution, as they are very important for enhancing investment as well as economic development and stability.”

He pointed out that "Iraq has made great progress in the United Nations program as well as through international programs," stressing "the Iraqi government's continued support for this process  link

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Mot: . Wee Folks Training 101 

Mot:  ... Special Moments with the ""Wee Folks""

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Thursday PM 6-27-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 27 June 2024

Compiled Thurs. 27 June 2024 12:01 am EST by Judy Byington

ALERT!!!

Unrealized Losses at US Banks Exceed Bank Reserves

The FDIC Doesn’t Have Enough Money To Cover Bank Deposits US Bank Runs Imminent

Prepare for 10 Dark Days of Military Controlled Lockdown

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 27 June 2024

Compiled Thurs. 27 June 2024 12:01 am EST by Judy Byington

ALERT!!!
Unrealized Losses at US Banks Exceed Bank Reserves
The FDIC Doesn’t Have Enough Money To Cover Bank Deposits
US Bank Runs Imminent

Prepare for 10 Dark Days of Military Controlled Lockdown

It’s only wise to have at least a month’s supply of food, water, cash, medicine and essential items on hand for your family and to share with others in case of emergency.

Judy Note The Global Currency Reset of 207 nations to gold/asset-backed currencies was said to have the effect of automatically shutting down the Cabal’s international operations. That was because the Illuminati’s “Dirty Monies” wouldn’t be accepted on the new Global Financial System that was already functioning independent of banks on over 500 Star Link Satellites floating above us in the air.

Wed. 26 June 2024 US Banks unrealized losses have reached $525 billion. This is almost seven times bigger than the great financial crisis of 2008. The unrealized losses have exceeded the total reserves of America’s largest banks. In addition, the FDIC doesn’t have enough money to cover bank deposits.

~~~~~~~~~~

Global Currency Reset:  (Rumors/Opinions)

Wed. 26 June 2024 Wolverine: It’s ready to go, in fact it has already started. Some are getting paid and they are all under NDA. Another source says it is going to be this week, but things are happening right now and they are processing the first group. The second group should go around the 4th of July, while some say right after Thurs. 4 July.

Wed. 26 June 2024 TNT Tony: “Every single source says it’s done and we await the go signal. So we wait. There is agreement amongst them re: when it will be announced and what they are waiting on. Sunday 30 June 2024 is a celebration day in Iraq. They are waiting for the trigger, there is a trigger. He won’t tell us what that is. The Dinar Live New Rate Window is Thurs. 27 June 5pm EST 2024 to Sunday morning 30 June 2024.

Tues. 25 June 2024 MarkZ: “I am getting inundated with bank contacts telling me to expect that things have already started, but coming to fruition in banks after July 4, with a rollout in the days immediately following – around the 6th and 7th. That is the rumor. Remember that we don’t know the timing. I am sure getting a heck of a lot from the banking side that things are now moving quickly and that is what they are preparing them for.”

Wed. 26 June 2024 Frank 26: Iraqi Prime Minister Al Sudani and his team went to the US Treasury and delivered the monetary reforms that Sudani would implement for RV and RI of the IQD. That was the reason they were reforming the banking sector, which would increase the value of the Iraqi Dinar.

Wed. 26 June 2024: NESARA GESARA – The Cry for Restitution and Justice: The Shocking Truth About Our Stolen Wealth and the Cry for Restitution – American Media Group (amg-news.com)

~~~~~~~~~~

Global Financial Crisis:

Wed. 26 June 2024 US Banks unrealized losses have reached $525 billion. This is almost seven times bigger than the great financial crisis of 2008. The unrealized losses have exceeded the total reserves of America’s largest banks. In addition, the FDIC doesn’t have enough money to cover bank deposits. …US Debt Clock on Telegram Wed. 26 June 2024

Wed. 26 June 2024 The United States Federal Reserve has been allegedly hacked by a Ransomware group called LockBit. The declaration was made through a post on the Dark Web. The group claims to have extracted 33 terabytes of sensitive banking information. The data reportedly includes confidential details of American banking activities. This could be one of the most substantial breaches of financial data in history if proven to be true. They are already linking this group to Russia. There has been no confirmation of the breach by the Federal Reserve so far. The number 33 should tell you everything you need to know. The Federal Reserve has less than 24 hours according to the group.

Read full post here:  https://dinarchronicles.com/2024/06/27/restored-republic-via-a-gcr-update-as-of-june-27-2024/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Mnt Goat   Article:  "DOZENS OF IRAQI COMPANIES PARTICIPATE IN AN INVESTMENT SUMMIT IN AMERICA"  ...in the past years I said – What is the US waiting for? Why have they not yet invested the US companies in Iraq? There is billions to make over there. – Well the spigot had to be opened first and now its opened. The spigot analogy means that the sanctions are over, war reparations paid and now they can do business easily with the rest of the world. But as you know with Iraq nothing happens overnight and so it took a year and a half to open the spigot but now it’s opened up wide.

Militia Man  Oil is in the budget for 2023 was at $70 but oil has been over $80 for quite some time.  They're gaining a lot of money.  Then they've increased non-oil revenues at the borders, a lot of money.  Liquid natural gas etc, a lot of money...This is happening...They've talked about sovereign funds...If all the stuff is what they're saying it is...these guys are going to be popping with money.

************

EXCELLENT Progress in Iraq; Stock Market; Development Road Project Latest Update

Edu Matrix:  6-27-2024

https://www.youtube.com/watch?v=z4d89OfQukY

Andy Schectman: JP Morgan Raises Silver Target To $34

Arcadia Economics:  6-27-2024

Gold and silver have sold off over the past week. But while that's happened, JP Morgan has just published a new report recommending to buy the metals on the dip.

 JP Morgan has targets of $2,600 for gold and $34 for silver by 2025. And of course they are just one of the many banks that has recently been increasing their gold and silver price forecasts.

 So Andy Schectman joins me on the show to talk about the bank coverage that's going out to the institutional funds, new inflation comments by Zoltan Pozsar, and a change in the physical gold and silver premium levels.

To find out the latest in the precious metals markets, click to watch the video now!

https://www.youtube.com/watch?v=_MjGpFwhdWY

 

 

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More News, Rumors and Opinions Wednesday PM 6-26-2024

KTFA:

Clare:  Al-Sudani: Iraq has become a safe and attractive environment for capit
al

6/26/2024 Prime Minister Muhammad Shiaa Al-Sudani confirmed: “Iraq has become a safe and attractive environment for capital from international companies, and a preferred market for businessmen and investors.”

During his presidency of the eighth meeting of the Supreme Committee for Reconstruction and Investment, Al-Sudani stressed the necessity of not slowing down or delaying in making decisions that are compatible with the economic reform approach   LINK

KTFA:

Clare:  Al-Sudani: Iraq has become a safe and attractive environment for capital

6/26/2024

Prime Minister Muhammad Shiaa Al-Sudani confirmed: “Iraq has become a safe and attractive environment for capital from international companies, and a preferred market for businessmen and investors.”

During his presidency of the eighth meeting of the Supreme Committee for Reconstruction and Investment, Al-Sudani stressed the necessity of not slowing down or delaying in making decisions that are compatible with the economic reform approach LINK

************

Clare: What is the importance of Iraq joining international agreements?

 The Chairman of the National Investment Commission, Haider Makiya, stressed today, Wednesday, the importance of Iraq joining international agreements to enhance the investment sector, noting that Iraq has provided real guarantees to attract foreign investments.

Makiya said, in his speech, during the launch of the National Investment Commission conference in cooperation with the United Nations Development Programme, that “Iraq’s accession to the International Settlement Agreement resulting from international mediation and disputes that was signed in 2024, will contribute to achieving the goals of sustainable development and encouraging the increasing use of international mediation as a means.” Effective for settling cross-border disputes, for the purpose of maintaining trade and investment relations between the parties involved in the investment process.” 

He added, "This agreement has a pivotal dimension, foremost among which is finding an alternative method to litigation procedures before international arbitration bodies in disputes arising from investment, especially since Iraq joined in 2015 the International Center for the Settlement of Investment Disputes between States and Citizens of Other Countries, and this "It will give foreign investors the right to resort to the Washington Center."

He continued, "Also, the Republic of Iraq's accession to the New York Convention on the Recognition of Foreign Judgments of 1958 means completing all the necessary legislative environment to provide real guarantees and protection for foreign investors, and this will reflect positively on attracting foreign capital to Iraq, which aims at the construction and reconstruction process, and will raise Iraq's classification." .

He explained, "This agreement enhances the Iraqi investment reality, because it includes many international and qualitative strategic investment opportunities that impose contracts with specialized foreign companies for investment purposes. This requires Iraq to provide legal protection to those companies by resolving disputes in the event that they arise from investment contracts that It is imposed by state institutions on these companies, which prefer to resort to international arbitration to guarantee their rights, as stipulated in Article 27 of Investment Law No. 13.”

He pointed out, “Iraq’s accession to the International Mediation Agreement (Singapore Agreement) is necessary to attract foreign investments and achieve intended development, especially in light of Iraq’s transformation and dependence on a free market economy. This agreement will also create a legal framework that allows reliance on agreements.” The settlement resulting from mediation is easily implemented by all countries.”

 Makiya stressed that “the legal department at the National Investment Authority and the investment authorities in the governorates will work to include international investment contracts by relying on mediation mechanisms in investment-related disputes before resorting to international arbitration, which will send a message of reassurance to foreign investors and foreign companies in order to proceed with resolving disputes.” related to these contracts, is easier than entering into international commercial arbitration procedures.”

He pointed out that "the Republic of Iraq's accession to the International Commercial Arbitration Convention and the Singapore Mediation Convention, in addition to concluding many agreements to encourage and protect mutual investments between Iraq and many international countries, made Iraq occupy the fourth place in the classification of foreign direct investment."

And the best emerging markets to invest in 2024.”

He stressed that "the noticeable improvement in the investment climate in Iraq comes as a result of government efforts made to strengthen the economic and investment sector, in attracting foreign investments," calling on foreign companies, foreign investors and businessmen to "visit Iraq to learn about the investment opportunities included in the investment map, and to attend the forum."

 "Iraq Investment Bank, which will be held next November, will launch more than 100 investment opportunities with integrated approvals, and review the benefits and guarantees that the investment law will provide to investors."   link

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Mnt Goat  She [my CBI contact] said that her committee was directed to be ready in June and did plan in June to begin the project to delete the zeros but the Central Bank as not yet received the assurances needed in writing from the US Treasury that they would support us fully all the way through the process. To me this meant to conduct the project to delete the zeros, swap out the notes and then onward to the reinstatement of the dinar.  I was assured I was correct in my thinking.  I already knew this as this was all in the Dr Shabibi plan anyway. This was just a confirmation that they are still closely following this part of the plan anyway...   the US is still holding back and not fully supporting the financial reforms and the events that were supposed to happen at the end of the second phase of the reform process.  [Post 1 of 2....stay tuned]

Mnt Goat   So as investors where do we stand with the RV?  Based on this information from my Saturday call to Iraq, I will summarize it for you. We are still waiting for the US to give assurances. The project to delete the zeros was scheduled for June and we will still have a week remaining in June. This is all I know and can tell everyone at this point... But I will tell you that I was told last month that for us to see the RV, there was only two phases and that they were completing the 2nd phase in June. So go figure… What would you now think?  [Post 2 of 2]

**************

The US Is About To Be Blindsided By Saudi Arabia And China

Atlantis Report:  6-26-2924

There has been a significant change happening in the global economic and geopolitical landscape.

 The United States, traditionally a dominant force, is facing a challenge from an unexpected partnership between Saudi Arabia and China.

 Motivated by their own economic and strategic goals, these two countries have been quietly working together.

Their growing alliance will disrupt the current power balance and force the U.S. to make a huge adjustment to its approach.

The U.S. dollar has been the primary currency used in the global oil trade for many years. This was supported by an agreement in which Saudi Arabia, a major oil exporter, exclusively sold oil in dollars.

 This arrangement, known as the "petrodollar" system, has been crucial in maintaining U.S. economic strength by ensuring a steady global demand for the dollar and U.S. Treasury securities.

https://www.youtube.com/watch?v=Nt40yDa6khs

 

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News from the Seeds of Wisdom Team Newshounds Wednesday Afternoon 6-26-24

News from the Seeds of Wisdom Team Newshounds Wednesday Afternoon 6-26-24

Good Evening Dinar Recaps,

CBDC is future of money; no competition with UPI: RBI Governor “The future of money is CBDC and it’s not in competition with UPI. CBDC and UPI will coexist,” Das said during his address at the 188th Annual General Meeting of the Bombay Chamber of Commerce and Industry. The bank has started incorporating new features into the new currency so that one can program even the conditions of their CBDC transfers.

News from the Seeds of Wisdom Team Newshounds Wednesday Afternoon 6-26-24

Good Evening Dinar Recaps,

CBDC is future of money; no competition with UPI: RBI Governor

“The future of money is CBDC and it’s not in competition with UPI. CBDC and UPI will coexist,” Das said during his address at the 188th Annual General Meeting of the Bombay Chamber of Commerce and Industry.

The bank has started incorporating new features into the new currency so that one can program even the conditions of their CBDC transfers.

Read more:  Currency Insider

~~~~~~~~~

CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF

Cross-border payments are one of the key areas CBDCs can improve, the Washington-based lender of last resort says. Oil exporters in the region have been grappling with cross-border inefficiencies for decades. Existing solutions like Buna, a multi-currency cross-border payment system, have failed to make the expected impact.

“CBDCs that address these inefficiencies could significantly cut transaction costs,” the IMF said.

The most advanced cross-border CBDC project in the Middle East is mBridge, which includes the UAE and, as of this month, Saudi Arabia. mBridge, which also includes China, Hong Kong, and Thailand, entered the MVP stage recently.

Read more:  Currency Insider

~~~~~~~~~

Dollar inches up against dong

Globally, the dollar was firm on Wednesday and trading on the precipice of the 160 yen barrier as investors turned cautious and counted down to the release of U.S. price data at the end of the week, Reuters reported.

At 159.78 per dollar, the yen's level has markets on alert for intervention since that is only a whisker shy of where Japanese authorities likely stepped in to buy yen in April.

The dollar index, which measures the U.S. unit against six peers, was steady at 105.64, while the euro was at $1.0715.

Read more:  Vietnam Express

~~~~~~~~~

What It Means to Be Regulated by FINRA

Have you ever wondered who protects investors—and how? If you invest, it can pay to know about FINRA, the Financial Industry Regulatory Authority. FINRA is a not-for-profit organization authorized under the federal securities laws and registered with the Securities and Exchange Commission (SEC). Alongside the SEC, FINRA oversees U.S. member broker-dealers and their personnel, including individuals who recommend or sell securities products to the public. FINRA’s mission is protecting you, the investor, and ensuring the integrity of our country’s securities markets.

Read more:   FINRA

~~~~~~~~~

XRP Bullish Cues Could Help Token Rally 91% In July

One of the bullish cues in XRP’s favor was Ripple receiving approval from the Dubai Financial Services Authority (DFSA) for use in the Dubai International Financial Centre (DIFC).

This milestone enhances the DIFC’s digital asset ecosystem by enabling licensed virtual asset companies to integrate XRP into their services.

Dubai’s Regulatory Advancement

As the first external virtual asset to gain regulatory clearance within DIFC’s framework, the approval marks a crucial step in the global adoption of XRP.

Read more:   CoinChapter

~~~~~~~~~

mica

 

Markets in Crypto-Assets Regulation (MiCA)  |  ESMA Europa

~~~~~~~~~

Newshound's Daily Breakdown Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

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Thank you Dinar Recaps

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“Tidbits From TNT” Wednesday 6-26-2024

TNT:

Tishwash: Parliamentary Law: Laws awaiting legislation in the next legislative term


Today, Wednesday, the Parliamentary Legal Committee revealed the laws that could be enacted during the next legislative term, while confirming that the drug and drug laws are at the top of these laws.

Committee member Raed al-Maliki told the Maalouma Agency, “There are many important laws waiting to be passed during the next legislative term, most notably the drug, landlord, and intelligence laws.”

He pointed out that "service and economic laws will see the light of day, noting that there are some proposals submitted by representatives that will be included on the Council's agenda during the next legislative term."

He continued, “There is a desire to pass the service and retirement law for members of the Popular Mobilization Forces, in addition to amending the Personal Status Law.” link

TNT:

Tishwash: Parliamentary Law: Laws awaiting legislation in the next legislative term

Today, Wednesday, the Parliamentary Legal Committee revealed the laws that could be enacted during the next legislative term, while confirming that the drug and drug laws are at the top of these laws.

Committee member Raed al-Maliki told the Maalouma Agency, “There are many important laws waiting to be passed during the next legislative term, most notably the drug, landlord, and intelligence laws.”

He pointed out that "service and economic laws will see the light of day, noting that there are some proposals submitted by representatives that will be included on the Council's agenda during the next legislative term."

He continued, “There is a desire to pass the service and retirement law for members of the Popular Mobilization Forces, in addition to amending the Personal Status Law.” link

************

Tishwash:  Southern anger escalates... protests and closure of government headquarters

Several Iraqi governorates witnessed, on Wednesday morning, demonstrations demanding the provision of basic services, including water and electricity.

In a new escalation of protests in Dhi Qar Governorate, demonstrators closed the governorate’s office building and its council, until demands were met, according to video scenes obtained by Shafaq News Agency.

As for Babylon, dozens of residents of the Khamisiyah and Al-Ghazali areas demonstrated in front of the Babylon Governorate Office, to demand the provision of water to their areas, which suffer from unprecedented scarcity.

The water crisis forced residents to abandon their areas and the agricultural and livestock wealth in the most important agricultural areas south of Babil Governorate was completely destroyed.

The capital, Baghdad, woke up to the launch of two demanding demonstrations in Tahrir Square and in front of the Provincial Council building.

According to Shafaq News Agency correspondent, dozens of “whose appointments were canceled and those fleeing from the Ministry of Defense” gathered in Tahrir Square, to demand their return to service.

In a second demonstration, dozens of educators and administrators gathered near the Baghdad Provincial Council, to demand the issuance of an appointment order for them.

Iraq has been suffering from a chronic electricity shortage for decades, as a result of the siege and successive wars, and residents have been protesting for many years the frequent power outages, especially during the summer, when temperatures sometimes exceed the 50 degree Celsius barrier.  link

************

CandyKisses:   Al-Amiri calls for the removal of foreign forces from Iraq

Baghdad - Iraq Today:

The head of the Nabnani Alliance, Hadi Al-Amiri, during his meeting with French Ambassador Patrick Dorrell, stressed the need for the international coalition forces to leave Iraq.

A statement by the media office of the head of the Nabnani Alliance said that "Amiri received Dorrell, and the meeting discussed many files, most notably the development of relations between the two countries in all fields, especially the economic aspect, especially after the improvement of the security situation and stability, which encourages French companies and their arrival to work and invest in Iraq."

According to the statement, the two sides also discussed the file of the presence of the international coalition, and Al-Amiri stressed the need for all its forces to leave Iraq to achieve full national sovereignty. The meeting also discussed the aggression on Gaza, and Amiri stressed the need to stop Western support for the Zionist massacres and the war of extermination of the Palestinian people.

************

Tishwash: A representative points out 7 controversial points that stand before the legislation of the oil and gas law

 Member of the Parliamentary Oil and Gas Committee, Representative Ali Al-Mashkoor, confirmed on Tuesday that seven points of contention between the region and the center stand before the legislation of the oil and gas law, indicating that the seven points are administrative and technical.

Al-Mashkoor said in a statement to the Maalouma Agency, “The dialogues between the center and the region regarding agreement on the oil and gas law are still continuing between the technical and administrative committees to discuss the paragraphs of the law proposed by both sides.” “

He added, "The disputed legal materials are summarized in seven points and are distributed between administrative and technical, the most prominent of which is the region's demand to include a clause in which the right of objection (veto) on decisions should be in a small percentage, and this matter is unacceptable by the center.”

Al-Mashkoor pointed out that “no decision can be issued except in the interest of the region at the expense of the general interest of the country.” link

************

Mot: .. and Then I ~~~~~~

Mot: .. Bummer -- I Do!!!

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News, Rumors and Opinions Wednesday 6-26-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 26 June 2024

Compiled Wed. 26 June 2024 12:01 am EST by Judy Byington

Mon. 24 June 2024: The Federal Reserve has been hacked and over 33 TB of data is now missing!

Global Currency Reset: (Rumors and Opinions)

Tues. 25 June 2024 Wolverine: What I have been told by my Brazil contact:

Payments have started, some are getting paid, and they are all under NDA.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 26 June 2024

Compiled Wed. 26 June 2024 12:01 am EST by Judy Byington

Mon. 24 June 2024: The Federal Reserve has been hacked and over 33 TB of data is now missing!

Global Currency Reset: (Rumors and Opinions)

Tues. 25 June 2024 Wolverine: What I have been told by my Brazil contact:

Payments have started, some are getting paid, and they are all under NDA.

There is a platform paying by crypto and they are about to kick off I think it is “oxygen” (extra dollars so they can de-stress). That is what I am hearing. That is definitely 100% happening for them to be paid on that platform. 

Another source says it is going to be this week.

They are adamant, but some say right after Thurs. 4 July.

Many of you cannot wait any longer as you are hanging on by a thread. Let us all pray to God that we will have the green light to move forward with our lives.    

I am praying that by tomorrow we will get news from Reno and I will get that miracle call I am waiting for. Take Care, Wolverine

~~~~~~~~~~

Tues. 25 June 2024 TNT: “Every single source says it’s done and we await the go signal. So we wait. Sunday is celebration day.”

Tues. 25 June 2024 MarkZ: I am getting inundated with bank contacts telling me to expect that things have already started …but coming to fruition in banks after the 4th of July. With a rollout in the days immediately following. I believe the 4th is on a Thursday this year… so I was told the roll out around the 6th and 7th. That is the rumor. Remember, we don’t know the timing. I am sure getting a heck of a lot from the banking side that things are now moving quickly and that is what they are preparing them for.

Read full post here: https://dinarchronicles.com/2024/06/26/restored-republic-via-a-gcr-update-as-of-june-26-2024/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Walkingstick  You can stop asking question about the budget.  It's all there.  Concerning the tripartite budget, everything...all the projects...cities, new exchange rate, lower notes, ATM machines, contracts, everything, it is all there...It is a fact...The GOI has the budget and they have they new exchange rate from the CBI.

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Saleh on television saying the third strategy phase that we're in right now with the CBI...is a new methodology that will enhance Iraqi financial and banking reform which will make the bank stronger locally and internationally.  FRANK:  It's the new exchange rate and the lower notes...I believe the words Sudani is using with the CBI are words that tell the citizens there is a new exchange rate in the budget without saying those words directly...

************

TNT:

MP calls for investment on Friday and Saturday in reconstruction and construction due to the large number of holidays

Baghdad - Iraq Today:

Member of the House of Representatives Thaer Al-Shuwaili said that Friday and Saturday should be invested for the reconstruction of the country, while he was indignant at the large number of holidays announced by the government from time to time.

Member of Parliament Thaer al-Shuwaili said, "The frequent disruptions affect the administrative system in general and not only the Iraqi economy, as Iraq is today going through a stage of construction and reconstruction, and Alan has begun to recover from the effects of wars and neglect."

He noted that "Friday and Saturday are supposed to be invested in construction for advanced stages." "There are many occasions and days that deserve to be declared official holidays, especially on important occasions," he said.

"All Iraqis are affected by the disruption, especially those groups who are sustenance on a daily basis, especially at this stage that accompanies the high cost of living," al-Shuwaili said. He pointed out that "most citizens are happy to announce official holidays in the country, and this situation is not true."

He stressed that "time is very important, as the phenomenon of frequent holidays we see only in Iraq, as citizens in the global system outside Iraq have a capitalist ideology to invest time to build their country."

He warned that "official working hours are suspended when temperatures rise in the country, and this is not in the interest of Iraq and its economy, and even at the level of social networking sites, we may find that the public can by pressuring local governments in each province to disrupt the official working hours, and the governor's opinion is moved through their demands."

He continues, "There must be a vision and a study of the extent to which these holidays affect the country, its economy and its systems, so at least working hours in departments and institutions must be compensated when official working hours are suspended."

************

US Economy on the verge of collapse: The Rise and Fall of the Empire

Fastepo:  6-26-2024

The United States has long been recognized as an economic superpower and a global leader. However, this dominant position has faced significant challenges in recent years, particularly due to the rapid economic growth of China.

 In this video, we will explore the historical trajectory of the U.S. economy, examining how it evolved from a leading global economy through various challenges to its current state, where it grapples with a national debt crisis and the trend of de-dollarization.

We will trace the ups and downs of the U.S. economy, from its post-World War II boom to the economic turmoil of the 1970s, the technological advancements and economic growth of the 1990s, and the significant setbacks during the 2008 financial crisis.

We will also delve into the recent impacts of the COVID-19 pandemic, which caused a severe economic contraction and led to unprecedented government stimulus measures.

Today, the U.S. faces a mounting national debt, which has surpassed $31 trillion, and increasing calls for de-dollarization from emerging economic powers. These issues pose substantial risks to the U.S.'s economic stability and its position in the global financial system.

https://www.youtube.com/watch?v=P3C_Bp1kRd4

 

 

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Global Economic News from the Seeds of Wisdom Team Newshounds Wednesday AM 6-26-24

Global Economic News from the Seeds of Wisdom Team Newshounds Wednesday AM 6-26-24

Good Morning Dinar Recaps,

Why the French and UK elections matter for investors As two of Europe’s three largest economies head to the polls, what are markets telling us about the political landscape? Goldman Sachs Research’s Sharon Bell and George Cole explain how France’s looming parliamentary elections are affecting French stocks and bonds, while UK financial markets have been relatively stable ahead of the country’s general election.

Global Economic News from the Seeds of Wisdom Team Newshounds Wednesday AM 6-26-24

Good Morning Dinar Recaps,

Why the French and UK elections matter for investors

As two of Europe’s three largest economies head to the polls, what are markets telling us about the political landscape? Goldman Sachs Research’s Sharon Bell and George Cole explain how France’s looming parliamentary elections are affecting French stocks and bonds, while UK financial markets have been relatively stable ahead of the country’s general election.

Read more:  Goldman Sachs

~~~~~~~~~

China’s currency is not as influential as once imagined

Its share of international reserves has stalled


Chinese officials seem pleased with the yuan’s recent progress as a global currency. The international monetary system is diversifying at an accelerating pace, said Pan Gongsheng, the governor of China’s central bank, in March. The yuan has become the fourth-most active currency in global payments, he noted. In trade finance, it now ranks third. And according to the central bank’s data, about half of China’s transactions with the rest of the world (for financial assets, as well as goods) are now settled in yuan.

Read more:  Economist

~~~~~~~~~

India digital currency transactions slump after reaching initial c.bank target, sources say

Usage of India's digital currency, the e-rupee, has slumped to just a tenth of the peak hit in December, four sources said, reflecting the struggles several countries have experienced in trying to generate public support for digital currencies.

The achievement came only after banks were asked to push up transactions by offering incentives to retail users and disbursing a portion of bank employees' salaries using the e-rupee.

But now that the push has diminished, daily transaction numbers have fallen to about 100,000, said two of the sources, who are directly involved in the pilot.

This shows there is little organic demand to use the e-rupee, said a third source, a banker involved in the project.

Read more:  Reuters

~~~~~~~~~

Fed’s Bowman ready to hike interest rates again if inflation disappoints

A rate-setter at the US Federal Reserve raised the possibility that interest rates could be raised even higher if progress on defeating inflation was not maintained.

At an event in London, Michelle Bowman, a rate-setter at the Fed, said she was “willing to raise” interest rates again “should progress on inflation stall or even reverse”.

Read more:  City AM

~~~~~~~~~

Central Banks Urged to Adapt Rapidly to AI Advances, Says BIS Report

The Bank for International Settlements (BIS) has emphasized the urgent need for central banks to elevate their efforts in addressing the transformative impacts of artificial intelligence on global economies and financial systems. This comes from a detailed report published by BIS, highlighting the rapid advancements and potential disruptions brought about by generative AI technologies, such as large language models like ChatGPT.

The report, from the Financial Times, underscores the awareness among global financial authorities about the necessity to keep pace with the innovations driven by AI. According to the BIS, which provides banking services to central banks worldwide, AI is poised to be a “game changer” across various activities, significantly influencing the broader economy and financial landscape.

Read more: PYMNTS

~~~~~~~~~ 

Newshound's Daily Breakdown Podcast Link

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More News, Rumors and Opinions Tuesday PM 6-25-2024

TNT:

Tishwash:  In preparation for the American withdrawal.. Iraq allocates billions to secure its airspace and develop its weapons capabilities

Iraq is seeking to build its military system by purchasing new weapons from several countries, including European and Asian countries, as well as Russia, especially in the field of air defense and radars, while specialists indicate that the number of combat aircraft is insufficient to secure the airspace and carry out strikes against hostile targets, especially since the country It owns large areas of desert.

Iraq began sending technical and military committees to several countries to contract for the purchase of anti-aircraft weapons, which indicates a desire to complete the construction of its air system to enhance the security of its skies and prepare for a future American withdrawal, as Iraq currently possesses 95 combat aircraft of American, Russian, South Korean and Czech origins.

TNT:

Tishwash:  In preparation for the American withdrawal.. Iraq allocates billions to secure its airspace and develop its weapons capabilities

Iraq is seeking to build its military system by purchasing new weapons from several countries, including European and Asian countries, as well as Russia, especially in the field of air defense and radars, while specialists indicate that the number of combat aircraft is insufficient to secure the airspace and carry out strikes against hostile targets, especially since the country It owns large areas of desert.

Iraq began sending technical and military committees to several countries to contract for the purchase of anti-aircraft weapons, which indicates a desire to complete the construction of its air system to enhance the security of its skies and prepare for a future American withdrawal, as Iraq currently possesses 95 combat aircraft of American, Russian, South Korean and Czech origins.

Prime Minister Muhammad Shiaa Al-Sudani announced the allocation of five trillion dinars ($3.826 billion), including three trillion ($2.295 billion) in the current year’s budget to enhance weapons capabilities and develop the armament of Iraqi forces of all types.

Although Iraq has a number of combat aircraft fleets, it is still considering purchasing new aircraft, especially the French “Rafale” aircraft, as it seems that Iraq is interested in developing its air capabilities and strengthening its military relations with the French side through signing a contract with the “Thales” company. France in July 2022 to provide it with advanced “long-range” GM400 radars as part of a federal government effort to strengthen Iraq’s air sovereignty, a number of which were installed in parts of Iraq.

Iraq seeks to strengthen this relationship with new arms contracts, including the purchase of advanced Rafale aircraft to enhance its military capabilities and impose its sovereignty.

Iraq currently has 95 combat aircraft of American, Russian, South Korean and Czech origin, all of which were contracted by the country after 2003. However, according to specialists, this number is insufficient to secure Iraqi airspace and carry out strikes against hostile targets, especially since the country owns large areas of desert.

Technical and military committees

According to a statement by the spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, last March, Iraq is determined to complete the radar system in general, while announcing the sending of technical and military committees to several countries to contract for the purchase of anti-aircraft weapons, which indicates Iraq’s desire to complete the construction of its system.

 Air Force forces to enhance the security of its skies and prepare for a future American withdrawal. However, experts in the security and military field believe that the needs of the security forces are vast and require huge sums of money, and that the amounts allocated are not sufficient.

Rafale aircraft

Security and strategic specialist Maan Al-Jubouri explains that the budget set by the Iraqi government is insufficient and does not meet Iraq's military needs, while he stressed the need to pay attention to purchasing French "Rafale" aircraft.

Al-Jubouri said, “Iraq’s need is very great, especially with regard to air defenses, as it is not possible to control and protect the skies of any country without having high capabilities for air defenses that remove the danger of attacks on the country,” noting that air defenses are concerned with protecting land and aircraft.

The military that carries out its military tasks, whether fighting terrorism or defending borders. He stressed the need for Iraq to have a capable air defense that includes a surface-to-air missile system and a radar system, which will therefore form a strategic cover for Iraqi territory, stressing the need for Iraq to acquire large, modern radars that cover a wide geographical area of ​​Iraqi skies, thus monitoring any movement from any region inside Iraq. .

Radars and drones

He pointed out the importance of radars to completely cover Iraqi space in all aspects, and to prevent any breach that the enemy might exploit, and this is one of the important foundations. He called for bringing drones and advanced technological equipment such as night goggles, surveillance towers, and thermal cameras, as well as electronic devices, and these are the priorities of any force. Military.

 He called for contracting modern aircraft such as the Rafale, considering that it is a capable aircraft with very high specifications, and therefore we can invest in its potential, explaining that concluding such a deal will strengthen the Iraqi air force and the operations carried out by the armed forces, especially since Iraq has pilots.

They have high experience and must be trained on these aircraft, as is the case with the F-16 aircraft. This is important in diversifying the sources of armament and not relying on one country. link

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26  My teams and I are looking for more...for the budget, anything about it.  I'm looking for the HCL...speaker of the house to be selected...pictures and videos to be released.  I'm looking for more than the soldiers/CBI representatives at the ATM machines with more explanation about them and what's in them. I'm looking for the lower notes...new exchange rate.  That's what we're looking for...and I hope you are too.

Mnt Goat  ...I was told [by CBI contact] that NO insider, backdoor, international trading or otherwise was being conducted on the Iraqi dinar. If you hear rumors of otherwise it is all lies. Investors can come to the ISX and purchased Iraqi dinar at the “official CBI rate”.   There is not yet the availability to trade on FOREX or any of the other foreign exchanges... Investors really can’t do much with the dinar at this time as in the west there are still US Treasury sanctions effective on the currency...

************

HD -Currency Status IQD VND BRICS & Gold Exchange Rates

Edu Matrix :  6-25-2024

Currency Status IQD VND BRICS & Gold Prices Up - BRICS is expected to present new currency info at the Summit in October.

IQD is an exotic currency. Currency News; Iraq: Iraqi Dinar, Vietnam Dong, ZiG Currency, Haiti's Currency, Gold, and BRICS Currency Plans.

https://www.youtube.com/watch?v=TiAgpam-s7s

How Long Will The US Dollar Remain Global Currency According To HSBC Predicts?

Geopolitical Analyst:  6-25-2024

It is certainly not new the Brics has been on the trail of drifting from the dollar and this seems to be getting even fiercer with more and more countries being encouraged to trade in local currencies especially after their last summit which took place last August in Johannesburg, South Africa.

Things might get even intense when it comes to de-dollarization as the Bloc prepares for its 16th summit this October in Russia's city of Kezan with over 93 countries set to be in attendance.

All might not be clear yet what the agenda for its coming summit is but with the moves the bloc has been taking since 2024 following the groups expansion from 5 to 10 members and more anticipation for accelerated expansion, it is certain the group isn't going slow on its agenda of drifting from the dollar and creation of its own currency.

 Just coming in, leading global bank HSBC has predicted the future of the US dollar forecasting how long the currency can stay as the world’s reserve.

The prediction comes at a time when the Brics alliance is looking to dethrone the US dollar from the global reserve currency status.

https://www.youtube.com/watch?v=qftNG_Sz7vA

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Economist’s “ News and Views” Tuesday 6-25-2024

30 Countries ditch US dollar: What Next?

Fastepo:  6-25-2024

Nations and regional alliances are increasingly moving away from the US dollar for their trade transactions, a process termed de-dollarization.

This trend seeks to decrease dependence on a single currency, thereby enhancing economic stability by employing a variety of local currencies.

By prioritizing their own currencies, countries aim to mitigate geopolitical risks and bolster their domestic economies.

This ongoing shift is transforming global trade and financial systems, potentially reducing the global dominance of the US dollar.

30 Countries ditch US dollar: What Next?

Fastepo:  6-25-2024

Nations and regional alliances are increasingly moving away from the US dollar for their trade transactions, a process termed de-dollarization.

This trend seeks to decrease dependence on a single currency, thereby enhancing economic stability by employing a variety of local currencies.

By prioritizing their own currencies, countries aim to mitigate geopolitical risks and bolster their domestic economies.

This ongoing shift is transforming global trade and financial systems, potentially reducing the global dominance of the US dollar.

 In this video, we examine the recent trend among various nations to decrease their dependency on the US dollar for international transactions.

We investigate the reasons driving these decisions and offer insights into their economic strategies.

Additionally, we focus on de-dollarization efforts within the BRICS+ bloc, highlighting significant steps these countries have taken to diversify the currencies used in global trade.

https://www.youtube.com/watch?v=C_cl2D8qg5c

LIVE! The U.S. e-CON-omic CON-JOB Is Worsening FASTER! EXPECT A HIGHER STOCK MARKET.

Greg Mannarino:  6-25-2024

https://www.youtube.com/watch?v=T_kPH_iMZ64

ALERT: FDIC Slams Big Banks for MASSIVE Risks

Taylor Kenny:  6-25-2024

The FDIC has raised alarms over major banks' emergency plans, concerns mount over the scale of derivative exposure in the financial sector, and questions emerge about the adequacy of deposit insurance amid banking uncertainties.

 With whispers of a potential global financial shake-up, what do the experts know that we don't?

https://www.youtube.com/watch?v=1lP9qfWgRws

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“Tidbits From TNT” Tuesday 6-25-2024

TNT:

Tishwash:  Parliamentary recommendation for Finance and Planning to launch instructions for implementing budget schedules


Today, Tuesday, the Parliamentary Finance Committee recommended the Ministries of Finance and Planning to release instructions for implementing the 2024 budget schedules, while indicating that all appeals are normal and did not rise to the rejection of some paragraphs.

Committee member Nazem Al-Shibli said, “The budget is effective after its publication in Al-Waqa’i newspaper, but it needs instructions issued by the Ministries of Finance and Planning in order for it to be clearly implemented in the ministries, agencies, and governorates,” explaining that “the budget is not devoid of complaints and appeals every year, but the court It is the one who decides the authority to implement or legislate.”  

TNT:

Tishwash:  Parliamentary recommendation for Finance and Planning to launch instructions for implementing budget schedules

Today, Tuesday, the Parliamentary Finance Committee recommended the Ministries of Finance and Planning to release instructions for implementing the 2024 budget schedules, while indicating that all appeals are normal and did not rise to the rejection of some paragraphs.

Committee member Nazem Al-Shibli said, “The budget is effective after its publication in Al-Waqa’i newspaper, but it needs instructions issued by the Ministries of Finance and Planning in order for it to be clearly implemented in the ministries, agencies, and governorates,” explaining that “the budget is not devoid of complaints and appeals every year, but the court It is the one who decides the authority to implement or legislate.”
 
Al-Shibli added, “The court will hear all appeals,” pointing out that “the budget is subject to appeal if any party objects to a part of it,” noting that “all appeals are normal and do not rise to the rejection of some paragraphs.”  link

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CandyKisses: The Central Bank of Iraq revealed the mechanism of imposing fines on private banks

According to a document issued by the bank on the third of this month, "we would like to inform you that the imposition of fines on banks and non-bank financial institutions is done through a competent committee in this bank based on the Central Bank Law No. (56) of (2004) and the Banking Law No. (94) of (2004) and the instructions and controls that regulate banking operations."

He added that due to the violation of these laws, instructions and controls by the bank or non-banking financial institution, the purpose of imposing fines on banks and non-bank financial institutions is to prevent them from committing violations of the laws mentioned above and the instructions issued under them to protect them and ensure their safety and the safety of the financial sector in general.

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Tishwash:  Finally, “Carrefour” will open in Baghdad.. The international chain has ended its hesitation

It may not be a passing commercial event in Baghdad.. The international shopping chain “Carrefour” - which has been reluctant for years to enter the Iraqi market - has made up its mind and is actually preparing to open two branches in the capital.

The first will be in the Jadriya area within the “Jadriya Mall,” and the second within the Bismayah Mall complex. According to information obtained by the 964 network from various sources, the opening of the chain of markets in Al-Harithiya Mall has been withdrawn, because “Carrefour” needs a very large space that “Al-Harithiya” did not provide.

He already got what he wanted, as he acquired the largest part of the area of ​​Al-Jadriya Mall, which will also include a group of branches of international agencies, while the chain’s branch in Bismaya will also obtain a large area within the mall of the residential complex, and Al-Jadriya Mall was scheduled to open.

It was strange that the local authorities in Baghdad agreed to open “Carrefour” in Jadriya...the most crowded area of ​​Baghdad. Usually, the authorities oblige the “Carrefour” chain to open its branches in areas far from city centers, to contribute to the revitalization of remote areas and eliminate traffic congestion, especially since the crowding “Carrefour” is a certainty due to the easy and unique shopping experience it provides, the competitive offers and prices, the way products are presented, and the quality standards supervised by teams of international experts.

Carrefour is a French international supermarket chain with five branches in the Kurdistan region of Iraq (5 branches in Erbil, a branch in Sulaymaniyah, and another in Dohuk), and provides a wide range of home, food and other shopping options to the consumer.

Carrefour was scheduled to open a branch in Baghdad Mall in the Al-Harithiya area in the center of the capital, but the lack of suitable spaces prevented this, which prompted those responsible for the chain’s affairs in Iraq to search for alternative locations, indicating the possibility that the chain may have a third branch and perhaps A fourth in Baghdad soon. link

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Tishwash:  Canadian oil replaces Iraqi crude on the American West Coast

Refineries on the West Coast of the United States intend to replace their imports of heavy Iraqi oil with cheaper crude from Canada, at a time when the newly expanded “Trans Mountain” line is re-arranging trade flows across the Pacific Ocean, according to what Bloomberg reported.

 California and Washington are scheduled to import about 150,000 barrels per day of Canadian crude via tankers in June, representing a seven-fold increase in average volumes, according to preliminary data from Vortexa. At the same time, their imports of Iraqi “Basra Heavy” crude are expected to decrease to 3,587 barrels per day, from 76,000 barrels last May.

The Trans Mountain expansion, which began in May, transports 590,000 barrels per day of crude from the Canadian oil sands to Vancouver for export. This is likely to be an advantage for refiners on the US West Coast, which would otherwise pay several dollars more per barrel to buy Iraqi crude.

As Canadian imports to the US West Coast rise, shipments of Brazilian medium-sulfur TUPI oil, as well as Basra Heavy crude, decline.

Alberta's heavy West Canadian Standard crude is trading about $13 cheaper than U.S. West Texas Intermediate crude, or about $67 a barrel, according to Bloomberg's general index pricing. Basra Heavy crude is trading about $5.55 cheaper than benchmark Brent crude, or more than $80 per barrel.  link

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Mot: . Breads Ready!!!!

Mot:  Yaaaaaaaaaaaaaah !! - Score un fur Earl 

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Tuesday 6-25-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 25 June 2024

Compiled Wed. 25 June 2024 12:01 am EST by Judy Byington

Global Currency Reset(Rumors and Opinions)

Mon. 24 June 2024 Wolverine:


“I’ve just received incredible news from my contact in Brazil. He said to “Get Ready.” I think Tuesday (25 June 2024) is going to be the day.

“Yesterday I received an intel from Brazil saying that the payments are about to commence, and that is regards to his platform, and then about two hours ago (today), I sent him a message asking how things were progressing. He said, “They are progressive beautifully. The leaders are getting paid.”

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 25 June 2024

Compiled Wed. 25 June 2024 12:01 am EST by Judy Byington

Global Currency Reset(Rumors and Opinions)

Mon. 24 June 2024 Wolverine:

“I’ve just received incredible news from my contact in Brazil. He said to “Get Ready.” I think Tuesday (25 June 2024) is going to be the day.

“Yesterday I received an intel from Brazil saying that the payments are about to commence, and that is regards to his platform, and then about two hours ago (today), I sent him a message asking how things were progressing. He said, “They are progressive beautifully. The leaders are getting paid.”

“I received another intel from Brazil, where he said, “Remember about what I told you last week.” He said, “I am letting you know it is about to commence.”

“I received an intel audio in Portuguese, and it said, “Practically all is started, and everything is confidential. Stay attentive, because everything is happening.” He is talking about Brazil – The Tier4 A group and the Tier4B.

“And the USA is already close. About an hour ago, I received an Intel from my contact in America, which says, “Intense movement In the USA. Tier4B notification news.”

“There is another audio I received, not in Portuguese, but in Spanish, saying that it looks like things have started.

“It looks like things are rolling. I am hoping that what I received is correct as I am only a messenger. Praying is all happening. People are getting emotional. But the person said I am not going to get emotional until I start seeing things happening from my end, but it looks like things are beginning to start. Lets’ hope and pray to God that tomorrow we will end up having real solid news in terms of hearing people getting paid and/or my contacts being paid and so on. We pray this comes true. Hopefully, tomorrow, we will get the victory sign. Take care, Wolverine.”

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Mon. 24 June 2024 TNT Tony expects it on or by Sunday, June 30. Banks already have been told they’ve had their last meeting prior to the RV.

Mon. 24 June 2024 Mike Bara The situation as I understand it: This should have gone in April. That was Plan A. The USA stopped it. The window for Plan B opens tomorrow Tues. 25 June at “Sundown” and is a week long. There is no Plan C.

On Sat. 22 June 2024 Texas Snake, Wolverine, MarkZ and Tony all reported that this weekend Redemption Center staff were put on a one hour alert for report to their stations in order to schedule Tier4b (Us, the Internet Group) appointments and later, help complete currency exchanges. A HSBC Bank Manager in Australia confirmed the above, saying the one hour alert extended until Thurs. 27 June. 

Wolverine said the Brazilian channel was adamant that this was our week. A Bond Holder claimed he was promised liquidity by Tues. 25 June. Tony maintained that the Dinar Contract rate was $28.50, though you couldn’t get it unless you asked for it.

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Global Financial Crisis:

Mon. 24 June 2024 World Banks Liquidate European Bonds with 12 Trillion $ in Losses: https://beforeitsnews.com/economy/2024/06/and-we-know-world-banks-liquidate-useuropean-bonds-12-trillion-in-losses-silver-short-squeeze-pray-dr-kirk-elliot-video-3114064.html

Mon. 24 June 2024: Alert! Alert! Alert! The Dollar Ponzi Scheme A Looming Financial Catastrophe: BRICS, Gold for Oil Trade, Petrodollar System, Black Swan Event, U.S. Treasury Bonds, BlackRock and Shadow Banking – American Media Group (amg-news.com)

Mon. 24 June 2024: Black Swan Event – Protocol 19 – NESARA – GESARA – Revolution – Trust the Plan! – American Media Group (amg-news.com)

Mon. 24 June 2024: Mt. Gox Prepares to Roll Out Repayments to Defunct Users in BTC and BCH. Mt. Gox, the cryptocurrency exchange that lost 850,000 Bitcoin in 2024, will start repaying its defunct users. The rehabilitation trustee has announced that repayments will be processed in Bitcoin. https://tinyurl.com/2jkks6cf?tg=1719222666

Mon. 24 June 2024: The Federal Reserve has been hacked and over 33TB of data is now missing! https://t.me/The_17_Letter_Q

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The Real News for Mon. 24 June 2024:

Mon. 24 June 2024 Scary: The magnificent Seven of Amazon, Apple, Google, Meta, Microsoft, Nvidia and Tesla make up 53% of the nation’s GDP.

Mon. 24 June 2024 California: My Jaw Dropped & Hit The Floor While Listening To This. California Corruption IS OUT OF CONTROL. California is ordering tiny homes for the homeless, however they are paying $834,000 MORE PER tiny home than what you can order the same tiny home on Amazon for. California residents, how are you allowing this level of government corruption and thievery to just keep going on? How are you not demanding to know where that extra $834,000 per home is going? This is why your state 4 years ago had a surplus, one of the biggest surpluses in California history, but as of this year you have a $73,000,000,000 deficit. …Wall Street Apes on Telegram

Read full post here:  https://dinarchronicles.com/2024/06/25/restored-republic-via-a-gcr-update-as-of-june-25-2024/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Economic experts on television saying the budget will not have effect on the exchange rate...it is going to stay the same.  FRANK:   It's not gonna affect the exchange rate in the budget because the new exchange rate has been in a second set of books for a very long time...

MarkZ   [via PDK]   I did hear from 3 or 4 military sources and Reno and the Treasury…rumors that are all over the place, some saying it’s happening right now, to no – its tomorrow…to Its already started, to all kinds of timing rumors in an concerted effort to cloud timing.  …I think it’s a good things to see them in panic mode trying to cloud timing.

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US Debt Collapse Spiral: Gold Will Re-emerge | Clive Thompson

Liberty and Finance:  6-24-2024

Confidence in US government debt is going to collapse, says Clive Thompson, formerly in wealth management and Swiss private banking.

"We could get into a phase where there's a spiral. People suddenly lose confidence in holding government debt, and they all rush to the exit at the same time."

 Gold will re-emerge as the currency of choice, he says.

INTERVIEW TIMELINE:

 0:00 Intro

1:00 Gold misconceptions

 7:30 Inflation coming

15:52 China's gold buying

19:07 Gold vs US dollar

https://www.youtube.com/watch?v=H--bLWYu4iw

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