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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
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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...
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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.
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.
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: 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
News, Rumors and Opinions Monday PM 6-24-2024
KTFA:
Clare: A political movement to hold an extraordinary session to elect the new Speaker of Parliament - urgent
6/24/2024 Baghdad
Today, Monday (June 24, 2024), the representative of the Azm Alliance, Nihal Al-Shammari, revealed the existence of a political movement aimed at holding an extraordinary session to elect the new Speaker of the House of Representatives.
Al-Shammari said in an interview with “Baghdad Today”, “There is a political movement and communication between all Sunni political parties, with the aim of accelerating the election of the new Speaker of the House of Representatives, especially since it supports the initiative to unify the position of the Sunni political house.”
She added, “There are efforts to hold an extraordinary session to elect the new Speaker of the House of Representatives during the next few days, and perhaps by the end of this week, and this matter now depends on what the current political dialogues and negotiations between all political parties will produce.”
KTFA:
Clare: A political movement to hold an extraordinary session to elect the new Speaker of Parliament - urgent
6/24/2024 Baghdad
Today, Monday (June 24, 2024), the representative of the Azm Alliance, Nihal Al-Shammari, revealed the existence of a political movement aimed at holding an extraordinary session to elect the new Speaker of the House of Representatives.
Al-Shammari said in an interview with “Baghdad Today”, “There is a political movement and communication between all Sunni political parties, with the aim of accelerating the election of the new Speaker of the House of Representatives, especially since it supports the initiative to unify the position of the Sunni political house.”
She added, “There are efforts to hold an extraordinary session to elect the new Speaker of the House of Representatives during the next few days, and perhaps by the end of this week, and this matter now depends on what the current political dialogues and negotiations between all political parties will produce.”
Parliament failed in four attempts to elect a replacement for Al-Halbousi due to the lack of consensus on a single candidate, in light of Sunni fragmentation and the coordination framework's insistence on keeping Mohsen Al-Mandalawi, the first deputy speaker of Parliament, as acting president, or the “conditional” agreement on a Sunni political figure.LINK
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6/24/2024 Baghdad - INA - Amna Al-Salami
Today, Monday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, identified the most important economic gains achieved due to the rise in oil prices, pointing out that global energy market sources indicate that the current rise in oil prices will continue until the end of the year 2025.
Saleh said to the Iraqi News Agency (INA): “There is a clear link between the rise in revenues from Iraq’s exported oil due to the rise in energy prices in global markets on the one hand, and the sustainability of financing investment projects whose allocations are estimated in the Federal General Budget Law No. 13 of 2023 (the tripartite budget).” Which exceeds 55 trillion dinars annually.”
He explained, “The rise in oil prices above their estimated rates leads to reducing the hypothetical deficit gap in the annual general budget, which is estimated at approximately 64 trillion dinars, and provides sustainability of spending on development projects,” stressing that “the hypothetical deficit is no longer a reason for faltering or delaying reconstruction projects and expenditures.” Related investment.
Saleh added, "The government program has prioritized, in its philosophy and general directions, the policy of diversifying sources of income in the national economy."
He stated, “For the first time, sovereign guarantees are granted to market activities and the private sector as a partner in development, with priority to major economic diversification activities, by providing appropriate financing to the private sector from global financial sources in order to finance the transfer of modern technology, especially the manufacturing and petrochemical industries, as well as industries related to the provision of high-quality products.” “A link to reconstruction, to ensure stable and high growth rates and provide the requirements for sustainable development and operation.”
He pointed out, “Global energy market sources indicate that the current oil prices will continue to rise until the end of the year 2025, with an average price of one barrel of crude oil at no less than $82, which is an average that exceeds the conservative price mentioned in the general budget law above, which was estimated at about $70 per barrel.” LIN
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Everybody should be pumped and ready to go... Article quote: "Sovereign guarantees to the private sector will contribute to the industrial renaissance" This article right here will blow your socks off...
Nader From The Mid East Things have been moving a little bit from here to the 8th of July. I hope we have an answer cuz that's what they shooting for. I don't know if it's going to be good or bad...It's more good than bad but I don't want to say anything about that cuz if anything happen you're going to say, 'Hey, but you said this. You said that.'
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Iraq's Central Bank Still Dealing With Corruption Despite New Reform
Nader: 6-24-2024
The CBI has found multiple private banks that have been money laundering and handling large amounts secrete US currency transactions. With this being handled and taken care of soon, Iraq will soon be on a path to cleaning out the corruption.
Will the EU collapse: Indonesia Join China and Reject the EU
Fastepo: 6-24-2024
Indonesia's pivot from the European Union to China in its trade relationships is rooted in the contentious regulatory environment imposed by the EU's Green Deal.
The EU's stringent anti-deforestation legislation, aimed at preventing commodities linked to deforestation from entering the European market, has created significant barriers for Indonesian exporters, particularly smallholders in the palm oil industry.
In contrast, China has presented itself as a more flexible and supportive ally. With robust investments in Indonesian infrastructure and industries, including significant projects in the digital economy and renewable energy sectors, China has become Indonesia's largest trading partner.
This strategic shift is further solidified through agreements under the Belt and Road Initiative, which have enhanced economic integration and mutual benefits.
As a result, Indonesia's trade focus has increasingly turned towards China, reflecting a pragmatic approach to securing economic growth and stability amid global challenges.
News, Rumors and Opinions Monday AM 6-24-2024
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 Mon. 24 June 2024
Compiled Mon. 24 June 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Judy Note: 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 is 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 had to ask for it.
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 Mon. 24 June 2024
Compiled Mon. 24 June 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Judy Note: 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 is 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 had to ask for it.
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Global Financial Crisis:
The mother of all stock market bubbles is in plain sight. https://x.com/globalmktobserv/status/1804643025328488647?s=46&t=P2Ls81hs8j9RD7M6kNgOvw
Jekyll Island and the Truth Behind the Federal Reserve: https://beforeitsnews.com/economics-and-politics/2024/06/jekyll-island-the-truth-behind-the-federal-reserve-videos-2532166.html
Sun. 23 June 2024 Greg Hunter & Bill Holter: No Way Financial System Survives! – Must Video | Economy | Before It’s News (beforeitsnews.com)
Financial writer and precious metals broker Bill Holter has been documenting all the un-payable debt that has been building up in the financial system like cancer. The latest black hole of default is coming from a big bank in Japan.
Norinchukin Bank is selling $63 billion in Treasuries and other sovereign bonds to stay afloat. Then there is recent news announced by the FDIC that 63 US banks (the names are being kept secret) have more than $500 billion in losses, and let’s not forget about the trillions in losses sitting on the books of European banks ready to suck the world into a black debt hole.
This is just a few of many on a long list of destabilizing problems that can tank the entire over-indebted financial system. Holter warns, “The list is so long, it could be a banking problem. It could be a derivatives problem. It could be a derivatives problem in the stock market, the bond market and you could see a failure to deliver in silver.
Some type of warfare could crash the system. You could see warfare in Ukraine, Israel or Taiwan. The system is so unstable, at this point, it could be anything that could bring it down. Unpayable debt is not just a US problem. This is all over the world.
Central banks are having to issue huge amounts of debt because we are in the exponential decay phase. We are exactly where Richard Russell said we would be 20 years ago. It’s inflate or die, and the only way to inflate is to create more money supply.”
Read full post here: https://dinarchronicles.com/2024/06/24/restored-republic-via-a-gcr-update-as-of-june-24-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Article: "Kurdistan Federation: Legislating the oil and gas law will resolve the disputes between Baghdad and Erbil" ...There it is again in articles. Do we need the Oil and Gas law referendum passed prior to the Reinstatement? We were told we do. Let’s see what happens.
6-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The television is showing the new 35 white paper report from the IBBC is on our de-dollarization...Our country has removed foreign currencies they tell us...De-dollarization has been successful. We don't use any other currencies except the Iraqi dinar. They are very pleased with what the Iraqi dinar is about to go through.
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MARKETS A LOOK AHEAD: A GREAT FALL...
Greg Mannarino: 6-23-2024
‘The Collapse Of Our Entire Financial System’: MASSIVE G7 Decision Marks The End
Atlantis Report: 6-23-2024
For many years, the G7 summit has been a symbol of international cooperation, uniting the world's most powerful economies to address important global issues. These annual meetings have allowed leaders to have productive discussions and develop joint strategies, from economic policies to nuclear weapons. However, the recent G7 summit signals a significant shift that will profoundly impact the global financial system.
If The Grid Fails, Will Currency Work? | Rafi Farber
If The Grid Fails, Will Currency Work? | Rafi Farber
Liberty and Finance: 6-22-2024
As the war in Israel is getting worse, Rafi Farber discusses how he's preparing. He is now grappling with the risk of the electrical grid failing and social unrest increasing.
While these risks may seem remote to those who live in the U.S., he discusses how these risks are everywhere.
Basic use of credit cards or ATMs could be halted by a grid down scenario.
"This is why I have silver in my house," says Farber.
If The Grid Fails, Will Currency Work? | Rafi Farber
Liberty and Finance: 6-22-2024
As the war in Israel is getting worse, Rafi Farber discusses how he's preparing. He is now grappling with the risk of the electrical grid failing and social unrest increasing.
While these risks may seem remote to those who live in the U.S., he discusses how these risks are everywhere.
Basic use of credit cards or ATMs could be halted by a grid down scenario.
"This is why I have silver in my house," says Farber.
INTERVIEW TIMELINE:
0:00 Intro
1:11 Preparedness
6:41 Understanding risks
9:59 Repo market
14:15 Gold open interest
17:32 A currency reset?
21:54 Last thoughts
More News, Rumors and Opinions Sunday PM 6-23-2024
No Way Financial System Survives – Bill Holter
By Greg Hunter’s USAWatchdog.com (Saturday Night Post)
Financial writer and precious metals broker Bill Holter has been documenting all the unpayable debt that has been building up in the financial system like cancer. The latest black hole of default is coming from a big bank in Japan. Norinchukin Bank is selling $63 billion in Treasuries and other sovereign bonds to stay afloat.
Then there is recent news announced by the FDIC that 63 US banks (the names are being kept secret) have more than $500 billion in losses, and let’s not forget about the trillions in losses sitting on the books of European banks ready to suck the world into a black debt hole.
This is just a few of many on a long list of destabilizing problems that can tank the entire over-indebted financial system.
No Way Financial System Survives – Bill Holter
By Greg Hunter’s USAWatchdog.com (Saturday Night Post)
Financial writer and precious metals broker Bill Holter has been documenting all the unpayable debt that has been building up in the financial system like cancer. The latest black hole of default is coming from a big bank in Japan. Norinchukin Bank is selling $63 billion in Treasuries and other sovereign bonds to stay afloat.
Then there is recent news announced by the FDIC that 63 US banks (the names are being kept secret) have more than $500 billion in losses, and let’s not forget about the trillions in losses sitting on the books of European banks ready to suck the world into a black debt hole.
This is just a few of many on a long list of destabilizing problems that can tank the entire over-indebted financial system.
Holter warns, “The list is so long, it could be a banking problem. It could be a derivatives problem. It could be a derivatives problem in the stock market, the bond market and you could see a failure to deliver in silver.
Some type of warfare could crash the system. You could see warfare in Ukraine, Israel or Taiwan.
The system is so unstable, at this point, it could be anything that could bring it down.
Unpayable debt is not just a US problem. This is all over the world.
Central banks are having to issue huge amounts of debt because we are in the exponential decay phase. We are exactly where Richard Russell said we would be 20 years ago. It’s inflate or die, and the only way to inflate is to create more money supply.”
Add to that the $10 trillion in debt the US Government has to roll over by the end of the year. Meanwhile, the US government piles on $1 trillion in new debt every 100 days. What could go wrong?
Holter said the last time he was on USAW that there was a little less than a 50% chance we would even have an election. Now, he predicts it is more likely there will be no 2024 Presidential Election.
Holter says, “There is no way the system, as it is now, survives. It’s mathematically impossible. So, if it is mathematically impossible, are they going to blow smoke . . . up until the day it blows up? Or are they going to do something to blow it up and then say our programs and policies were working except for XYZ this or whatever.
They have to kick the table over. They cannot allow the table to fall over on its own because then there is going to be finger pointing.
To avoid the finger pointing, they have got to kick the table over.”
Holter also thinks gold is going to exponential numbers to back all the debt the USA has. If you go with the 8,030 tons of gold the government claims is in Fort Knox, you will need a dollar price of gold at “$125,000 per ounce for 100% gold backing of the dollar.”
Holter also says, “The dollar is being pushed out of the global financial system. . . . Demand for dollars is shrinking at a time when borrowing demand is rising.” This is a going to be a disaster for America and anyone holding dollars in the future.
In closing, Holter says, “The financial collapse that is coming will be worse than anything we have ever experienced. This is going to be far worse than the Great Depression simply because society itself is far worse. . . . Back in the Great Depression, you had neighbors helping neighbors. Today you will have neighbors picking on other neighbors like vultures.”
There is much more in the 51-minute interview.
Join Greg Hunter as he goes One-on-One with financial writer and precious metals expert Bill Holter for 6.22.24.
https://rumble.com/v52z8ew-no-way-financial-system-survives-bill-holter.html
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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 Sun. 23 June 2024
Compiled Sun. 23 June 2024 12:01 am EST by Judy Byington
Global Financial Collapse Imminent
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 U.S. Petro Dollar (CIA money that controls Middle East Oil) was finished. The fiat US dollar was near collapse. No major country wanted the U.S. Federal Reserve Dollar for trade. Fake Wall Street financial reports were in limbo. Money was running out across the World as the Deep State money was evaporating inside a massive Black Swan Financial Collapse Event. It’s time for a Global Currency Reset to gold/asset-backed monies.
Wolverine and MarkZ confirmed that bank personnel were on a one hour alert to be called in over the weekend. Tony felt there was a 99% chance Tier4b would be notified this weekend
Sat. 22 June 2024 Wolverine: “Hi Wolverine, I wanted to tell you and others in Australia that my friend here in oz who is a HSBC bank manager just msg me he has been placed on call until 1 hour notice until Thurs. 27 June, I am confident the window for us is about to open, cheers Peter.”
Sat. 22 June 2024 Mike Bara: The “Bondholder” is once again certain he gets paid out on Tuesday 25 June, but he is returning to his city of origin tomorrow. He HAS to be in this location to get his payout. This means the payout COULD come sooner than Tuesday 25 June 2024.
Sat. 22 June 2024: GESARA Redemption Centers Information: GESARA Matrix Revealed as Your Golden Ticket to Instant Millionaire Status! – American Media Group (amg-news.com)
Global Financial Crisis:
Sat. 22 June 2024 Malaysia, which controls 25% of the world’s sea route trade via the Strait of Malacca, announced it is joining BRICS: https://www.newstarget.com/2024-06-21-malaysia-joining-brics-sea-trade-strait-malacca.html
Sat. 22 June Washington DC: The US Treasury Building in DC has been boarded up
The U.S. Oil Dollar (CIA money controlling the Middle East oil) was done. The fiat dollar was near collapse and no major country wanted the U.S. Federal Reserve Dollar. The fake Wall Street financial reports were in limbo. Money was running out across the World as the Deep State money was evaporating inside a massive Black Swan Event Financial Collapse.
Read full post here: https://dinarchronicles.com/2024/06/23/restored-republic-via-a-gcr-update-as-of-june-23-2024/
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CBI Begins Second Phase of Reform RE Boom 120 °F and Rate Expectations
Edu Matrix: 6-23-2024
CBI Begins Second Phase of Reform RE Boom Heat and Rate Expectations! CBI Excellent News; RE Boom; 120 °F; Exchange Rate Profit Potential.
Iraq's Central Bank Releases New Reform Strategy
Nader: 6-23-2024
News, Rumors and Opinions Sunday 6-23-2024
KTFA:
BuckEyeTree: We have had a week of extreme heat in most of the USA. That brings to mind the situation in Iraq with its monetary reform.
In My Opinion, the Heat is on to reach the goal of monetary reform, the RI, and bring to pass the promise of purchasing power to the citizens, the HCL, etc. The heat / pressure is good in this case with ATMs and latest from their leaders Sudani, Alak and Barzani.
I remember seeing a video of Sudani walking among the citizens in the street. They appreciate him, and he wants the best for them and Iraq, quite the opposite of some leaders in the past. IMO
KTFA:
BuckEyeTree: We have had a week of extreme heat in most of the USA. That brings to mind the situation in Iraq with its monetary reform.
In My Opinion, the Heat is on to reach the goal of monetary reform, the RI, and bring to pass the promise of purchasing power to the citizens, the HCL, etc. The heat / pressure is good in this case with ATMs and latest from their leaders Sudani, Alak and Barzani.
I remember seeing a video of Sudani walking among the citizens in the street. They appreciate him, and he wants the best for them and Iraq, quite the opposite of some leaders in the past. IMO
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Clare: Parliamentary Economy explains...Does the fluctuation of oil prices affect the economy of Iraq?
6/22/2024 Baghdad
The Parliamentary Oil and Gas Committee confirmed today, Saturday, that the fluctuation in oil prices does not affect the Iraqi economy.
Committee member Ali Saadoun Al-Lami said, “The 2023 budget tables came to the House of Representatives when a barrel of oil was calculated at 74 dollars.”
Al-Lami added, “There are 10 moving dollars on the price of a barrel, so the rise or fall of oil prices does not affect the economy.” LINK
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Clare: To confront the electricity crisis...a parliamentary call to oblige state departments to adopt solar energy
6/22/2024 Baghdad
The Parliamentary Electricity and Energy Committee called, on Saturday, to oblige state departments to adopt a solar energy system to confront the electricity crisis in the country.
The committee said in a statement, seen by Al-Iqtisad News, that “in light of the climate that the country is experiencing, with temperatures rising above 50 degrees Celsius and increasing power outages, the citizen is suffering from a real crisis of energy shortages. The committee calls on the government to :
1- Reconsidering the mechanism for distributing electrical energy, rehabilitating generating units, and maintaining the dilapidated network, and the need to take urgent measures to address the above problems.
2- The committee calls on the Ministry of Electricity to bear full responsibility for providing electrical energy to citizens and distributing electricity fairly.
3- The committee calls on the Prime Minister and the Minister of Electricity to replace the general managers and branch managers who were proven to be negligent in performing their duties in overcoming the crisis. And those who have held positions for long periods.
4- Requesting the Prime Minister to oblige all state departments and the private sector to install and establish a solar energy system at a rate of 25% of their departments’ consumption, provided that it is implemented during a period not exceeding three months.
5- Activating and adapting the Central Bank’s initiative regarding solar energy for citizens and accelerating its implementation in order to support the national grid.
6- The Ministry of Oil must provide the fuel share for stations under construction and invest in the associated gas.
7- Intensifying the efforts of the Ministry of Electricity and accelerating the transformation of the electricity system into a smart network and implementing all projects that will preserve the use of electrical energy in the optimal way.
The committee confirmed, according to the statement, “that it will approve the evaluation form for general managers and branch managers and submit it to the Council of Ministers and the Ministry of Electricity to take the necessary measures according to the evaluation issued by the committee.” LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing a big meeting where Sudani is giving 4 million dinar grant to all displaced families that are currently in camps in Iraq... FRANK: 4 million dinar for the displaced families is an insult at 1320 but it is a blessing at 1.32.
Militia Man Iraq says they're opening a copper recycling plant. We talked about phosphates...sulfur...liquid natural gas and now we're talking about they're opening a recycling plant to do what? To help their infrastructure. Infrastructure is what's driving the...Development Road Project. They're going to need thousands of tons of copper rods annually. They're going to be able to produce that...They have so many raw materials... It's nothing but bullish for this country.
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Major Banking Giant To Sell $63 Billion In US Treasuries – Expect Bigger Failures & Losses
Sean Foo: 6-22-2024
In a sudden twist, Norinchukin Bank in Japan is in crisis with massive losses surfacing. This has prompted them to dump tens of billions of US & EU bonds.
The collapsing Japanese economy, weak Yen and Fed rate hikes are causing one of Japan's oldest banks horrible losses. This isn't good for the global economy.
Timestamps & Chapters:
0:00 Japanese Giant In Crisis
2:43 Massive Losses & A Panic Dump
5:55 Systemic Banks Taking Big Risks
8:34 Crazy Derivative Bets Coming
11:21 Higher Rates Breaking The System
More News, Rumors and Opinions Saturday PM 6-22-2024
TNT:
Tishwash: An economist talks about the mechanism for overcoming the budget deficit
Economist Osama Al-Tamimi described: “Today, the budget deficit is planning, not executive, but he stressed that the deficit is real when the government is able to implement all its programs and spend the budget completely.”
Al-Tamimi told the Iraq Observer Agency: “This has not been achieved in any year, and here the percentage of completion from the real budget remains the ruling in determining the deficit, and the lower the percentage of implementation, the lower the arithmetic percentage of the deficit.”
The economic expert explained: “Noting that the budget numbers on the analysis side are hypothetical, the deficit can also be avoided by making transfers in some sections and putting pressure on the operating budget as well as internal borrowing.” link
TNT:
Tishwash: An economist talks about the mechanism for overcoming the budget deficit
Economist Osama Al-Tamimi described: “Today, the budget deficit is planning, not executive, but he stressed that the deficit is real when the government is able to implement all its programs and spend the budget completely.”
Al-Tamimi told the Iraq Observer Agency: “This has not been achieved in any year, and here the percentage of completion from the real budget remains the ruling in determining the deficit, and the lower the percentage of implementation, the lower the arithmetic percentage of the deficit.”
The economic expert explained: “Noting that the budget numbers on the analysis side are hypothetical, the deficit can also be avoided by making transfers in some sections and putting pressure on the operating budget as well as internal borrowing.” link
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Tishwash: Changes in the digital economy and their impact in Iraq
Researcher in finance and development affairs and academic Aqeel Jabr Ali Al-Muhammadawi
The beginning of the twenty-first century can be marked by the development of advanced digital technologies, a revolution in the information field, and the acceleration of the processes of economic globalization. Currently, the development of information technology plays an important role in society and the economy.
Individuals and society always seek to meet growing needs in a certain field of activity, while information technology expands the capabilities of all people, organizations and countries.
Information technology has not only changed the patterns of business and consumer behavior in the modern economy, but also laid the foundation for various processes: high-tech production and economic activity, development of financial services, changes in educational concepts and standards, digital transformation.
This infrastructure, formed on the basis of electronic interoperability, has become a new direction of global technology development in which economic activity depends on digital technologies.
The digital economy enhances competition and competitiveness not only within the country, but also at the global level. Therefore, any country, including Iraq, that seeks to compete and build competitive performance standards in the global market must properly exploit the potential of the digital economy and promote digital progress.
Iraq must catch up, accelerate the adoption of digital technologies, and ensure that everyone can access these technical benefits and modern information technology.
At the same time, fulfilling the promise of digital mainstreaming requires balancing risks and opportunities. As the world transitions to digital technology, preventive measures are critical to enhancing trust. Laws must be put in place to protect data, achieve cybersecurity, and create strong institutions to develop and enable robust, interconnected digital systems that can verify identity, transfer payments quickly and securely, and exchange data responsibly.
For Iraq to reap the benefits of technological and technical progress in digitization and artificial intelligence, and participate fully in the global digital economy?
In order to accelerate the pace of engagement in the digital economy community with deliberate and reliable steps, Iraq should adopt the methodology of the digital economy and modern financial digitization. My agencies:
1- Bridging the global digital divide: Despite the rapid spread of new technologies in various parts of the world, 37% of the population, each person, is still deprived of Internet services. In addition, a large percentage of Iraqis are not involved in advanced information technology applications.
2- Preparing for the jobs of the future: Innovation radically changes the nature of work: new jobs are emerging, and other jobs are developing. In order to compete and contribute to raising the level of competitive performance standards of the digital economy, Iraq will have to prioritize education, vocational education and training, and build the digital, technical and technological skills of its workforce.
3- The importance of developing safe and reliable digital systems: With the world’s shift to modern digital technology and technologies, strengthening capabilities in areas such as cybersecurity, data protection, and maintaining the modern digital financial and economic system has become more important than ever before.
4- More funding to provide Internet services and IT applications for all: Providing broadband services for all will require more than $100 billion by 2030, and the public and private sectors cannot do this alone. Governments must undertake bold reforms, and the private sector can reduce costs and risks and increase efficiency, innovation and leadership. link
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Just look at all the progress made just since December 2022 when Iraq announced they were finally entirely out of Chapter VII. And now the spigot is wide open... the final issues preventing the reinstatement are being dealt with one by one...It is June already and this month is proving to be a very significant month again...my contact in the CBI told me there is a very high probability that we would see the currency swap out in this month of June and so we watch and wait.
Militia Man Iraq says they're opening a copper recycling plant. We talked about phosphates...sulfur...liquid natural gas and now we're talking about they're opening a recycling plant to do what? To help their infrastructure. Infrastructure is what's driving the...Development Road Project. They're going to need thousands of tons of copper rods annually. They're going to be able to produce that...They have so many raw materials... It's nothing but bullish for this country.
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Trifecta of Bubbles, All At Record Levels | Michael Pento
Liberty and Finance: 6-21-2024
There is a bubble trifecta: real estate, bonds, and stocks. And every one of these markets is at record levels by any measure. If these bubbles pop, this could be a “wipeout” for the markets, says portfolio manager Michael Pento
While the government has been able to prop up the economy when individual bubbles have popped in the past, “there’s not an easy out this time,” he says.
He discusses lies and distortions from the government and how to protect against financial crisis.
INTERVIEW TIMELINE:
0:00 Intro
1:20 Economy’s direction
4:50 Banking system
13:34 Debt levels
15:24 Government lies
19:40 AI & job destruction
22:30 Inflation
News, Rumors and Opinions Saturday AM 6-22-2024
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 Sat. 22 June 2024
Compiled Sat. 22 June 2024 12:01 am EST by Judy Byington
Global Currency Reset: (Rumors/Opinions)
Fri. 21 June 2024 Wolverine member: “Hi Wolverine, my friend who is a HSBC bank manager here in Australia for the RV just told me that he was on call from now all weekend.”
Wolverine: “They were expecting for the funds to be released yesterday but it was cancelled. It looks like we are going to have our celebration on the weekend. It’s going to be a shotgun start.”
Fri. 21 June 2024 MarkZ: “Lots of anticipation for this weekend. Two different bank contacts from two different states said they are on one hour call for this weekend.”
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 Sat. 22 June 2024
Compiled Sat. 22 June 2024 12:01 am EST by Judy Byington
Global Currency Reset: (Rumors/Opinions)
Fri. 21 June 2024 Wolverine member: “Hi Wolverine, my friend who is a HSBC bank manager here in Australia for the RV just told me that he was on call from now all weekend.”
Wolverine: “They were expecting for the funds to be released yesterday but it was cancelled. It looks like we are going to have our celebration on the weekend. It’s going to be a shotgun start.”
Fri. 21 June 2024 MarkZ: “Lots of anticipation for this weekend. Two different bank contacts from two different states said they are on one hour call for this weekend.”
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Fri. 21 June 2024 TNT Tony Call:
“Everything is ready to go. All the Banks had more meetings this week and were told the same briefing. Banks were told there was a 99% chance that it would go public tonight, or this weekend. Everyone is excited about this weekend. Our first opportunity is later today, or we will see it this weekend. They are working extended hours this weekend.”
Tony’s bankers went in at 5:00am today in anticipation for something to happen this afternoon, which still could happen at any moment. As of right now, our first opportunity is after 4:00pm today or anytime over the weekend.
Bank contacts in FL, NY, Chicago and Indiana advised that they had all received massive amounts of money, in preparation for this to occur.
Banks advised that there will be security in the parking lots, as well as inside of the banks. “Some people” told Tony that it started 2 days ago, and that it “just hasn’t gotten to us yet.”
Regional banks advised that it has started for them, and that as of yesterday, people who had SKR funds pending were supposed to “be showing live” in their accounts.
The “technical issues” from last Friday were apparently still missing a component, which has now been resolved. The electronic and physical issues were previously satisfied, however, satellite transmission capabilities for fund transfers are now complete.
Bank staff have been informed that they will be working extended hours this weekend.
There is no “fussing or fighting” in Iraq, there has been no mention of the budget, the only issue being reported on, is their focus on recovering the stolen money.
Tony advised that a contract rate of $28.50 for the Dinar should be available to those who ask for it.
Tony was asked how certain he was, that this was finally our weekend and his response was “99%.”
Tony received a text during the call which made him laugh, and he stated that “the word is, that the sooner we get off the phone, the sooner things get started.”
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Global Financial Crisis:
Fri. 21 June 2024: President Putin says over 60% of trade between Russia and Vietnam is now conducted without the US Dollar and Euro.
Read full post here: https://dinarchronicles.com/2024/06/22/restored-republic-via-a-gcr-update-as-of-june-22-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: International finance team is on the television channel one...They're saying the economic reform is Iraq is at an increasing rate and we have invested over $2 billion in this Iraq. FRANK: This is the international finance community. They all know what's going on. When they say your economic reform has increased...what they're talking to you about without saying it because they cannot, is the float.
Bruce [via WiserNow] We know that there's a lot going on behind the scenes. One of our bankers - Wells Fargo said, Just hang in there...just hang in there a couple more days...So I'm excited...we will be able to look back at years of waiting and say, it was worth it.
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End of Petrodollar? Start of a New Monetary Order? Can This Be Stopped? – Andy Schectman
Kitco News: 6-21-2024
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Andy Schectman, President and Owner of Miles Franklin Precious Metals, who discusses the idea that the era of paper money might be over.
Schectman weighs in on whether this is the start of a new monetary order, whether it can be stopped, and who is behind the plan to “reset” everything.
He also gives his outlook on gold and Bitcoin.
Economist’s “News and Views” Friday 6-21-2024
Western Empire Facing Same Collapse as Rome in its Final Days: Martin Armstrong
Commodity Culture: 6-21-2024
Martin Armstrong sees striking similarities between the multitude of crises that plague the modern world and the conditions just before the fall of the Roman empire.
Martin argues that endless debt issuance, wars for profit, unchecked migration, and rampant political corruption are setting the stage for a future where many Western countries cease to exist as we know them.
Western Empire Facing Same Collapse as Rome in its Final Days: Martin Armstrong
Commodity Culture: 6-21-2024
Martin Armstrong sees striking similarities between the multitude of crises that plague the modern world and the conditions just before the fall of the Roman empire.
Martin argues that endless debt issuance, wars for profit, unchecked migration, and rampant political corruption are setting the stage for a future where many Western countries cease to exist as we know them.
00:00 Introduction
01:28 Everything is Connected
10:54 Political Shift to the Right
20:52 New BRICS Payment System
24:29 172 Year Revolutionary Cycle
34:01 The Migrant Crisis and Rome
40:12 Socrates
47:18 How Can We Use This to Invest?
THE WORLDWIDE ECONOMIC FREEFALL ACCELERATES... AND THIS IS WHAT'S COMING NEXT.
Greg Mannarino: 6-21-2024
Rafi Farber: When the Yen Falls, So Does the Whole Keynesian System
Arcadia Economics: 6-21-2024
Back in May we heard that the Bank of Japan spent $62B defending the yen.
It didn't work too well, with the yen right back at 34 years lows and threatening to break them any minute now, perhaps by the time you're watching this.
Speaking of $62B, this week we heard that a Japanese bank called Norinchukin is selling about the same amount in underwater bonds, thanks to higher for longer interest rates, which aren't having much of an effect blunting price inflation anyway.
It just so happens that Japan is the single largest holder of US Treasurys in the world, at a gargantuan sum of $1.15 trillion.
No wonder Japan's is the first foreign banking system to be directly affected by high dollar interest rates.
The Keynesian experiment is unraveling fast now, while silver holds over $30.
Rafi Farber still believes we are in for one last global banking crisis, after which silver will, during a brief period of monetary panic, become money directly once again.
To find out more, click to watch the video now!
More News, Rumors and Opinions Friday PM 6-21-2024
KTFA:
Clare: Al-Moussawi: Election of a new speaker of parliament will accelerate the legislation of the oil and gas law
6/20/2024
Member of the Parliamentary Oil Committee, Zainab Al-Moussawi, announced the election of a new Speaker of Parliament who will expedite the legislation of the oil and gas law.
Al-Moussawi told {Al-Furat News} that: “Until now, there are no indications from the Sunni blocs to agree on a candidate for the presidency of the Iraqi parliament, due to the {Sunni-Sunni} differences and the splits that occurred within the Taqadum Party headed by Muhammad al-Halbousi.”
She pointed out that "in the event of a Sunni agreement, the vote will take place immediately after the end of the legislative term holiday, as the Shiite and Sunni political blocs are ready to vote."
KTFA:
Clare: Al-Moussawi: Election of a new speaker of parliament will accelerate the legislation of the oil and gas law
6/20/2024
Member of the Parliamentary Oil Committee, Zainab Al-Moussawi, announced the election of a new Speaker of Parliament who will expedite the legislation of the oil and gas law.
Al-Moussawi told {Al-Furat News} that: “Until now, there are no indications from the Sunni blocs to agree on a candidate for the presidency of the Iraqi parliament, due to the {Sunni-Sunni} differences and the splits that occurred within the Taqadum Party headed by Muhammad al-Halbousi.”
She pointed out that "in the event of a Sunni agreement, the vote will take place immediately after the end of the legislative term holiday, as the Shiite and Sunni political blocs are ready to vote."
Al-Moussawi confirmed, “The vote of members of Parliament on choosing a new candidate for the presidency of the Council will accelerate the approval of the suspended laws, including the oil and gas law, as the law within the committee is largely mature.”
Ragheed LINK
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Clare: IBBC Spring Conference 2024
The Mansion House, London
2 July 2024
IBBC’s (Iraq Britain Business Conference) 15th Anniversary Conference: Iraq’s ‘Opportunities and Insights’
This is a big year for Iraq and IBBC as we celebrate our 15th anniversary and Iraq moves into a new prosperous and stable phase. As advocates for the private sector in Iraq, IBBC champions best practice, through our special reports and white papers for reform, and encourages the government of Iraq to modernise its systems and ministries to accommodate International best practice within Iraq.
‘Insights and Opportunities’ reflects the evolution of the Iraq economy and the mechanics and reforms that the country is undertaking, as the largest forum for discussion of Iraq’s challenges and opportunities.
About the Conference:
Opening the conference the President of the Confederation of British Industry (CBI) Mr Rupert Soames OBE will give a keynote speech from the British industrial perspective, and as a previous member of IBBC is well placed to comment of UK’s business relationship and opportunities with Iraq.
Of note is the presence of key delegates: H.E. Hayan Abdul Ghani Al-Sawad, Deputy Prime Minister & Minister of Oil, Ministry of Oil, H.E. Dr Mohammed Shukri, Chairman of the Kurdistan Investment Board, Dr Fareed Yasseen, Iraqi Climate Envoy, Eng Adil Karim, Deputy Minister of Electricity, KRG ministers and keynote address from Alderman Barr, The Rt Hon the Lord Mayor’ Representative, The Rt Hon Lord Howell of Guildford andBaroness Nicholson of Winterbourne, IBBC President.
Delegates will hear the latest report from Professor Frank Gunter on Foreign exchange and banking reforms the impact of dollar controls and how this might resolve, and to hear directly from Government minsters, including the Deputy Governor of Iraq’s Central Bank, Dr Ammar H. Khalaf, on the procurement opportunities across key sectors, such as agriculture, education, finance, transport, and regional development at special roundtables including for KRG and finance. H.E. Mr Asaad Al Eidani, Governor of Basrah, will be joining a panel and special Basra roundtable, as will Kurdish ministers at a KRG roundtable, chaired by Mr Jonathan Wilks, Oxford Centre for Islamic Studies
The Iraqi economy is quietly diversifying, with the evolution of services, travel, tech, and retail sectors, but the dominant energy sector is also evolving, with new players technologies and climate reduction activities. Oil and Gas are still at the centre of this conference and Iraq’s economy, with the Energy Panel, which see the big players in energy policy and practice including Eng Adil Karim, Deputy Minister of Electricity; Dr Luay Al Khateeb, Centre on Global Energy Policy – Columbia University, Ms Dunia Chalabi, TotalEnergies, Mr Zaid Elyaseri from BP, Mr Andrew Wiper from Basra Gas Company, Mr Hassan Heshmat from Hydro-C and Mr Ellis Renforth from Wood Plc
Yet transport is also set to boom, in both the ports and the dry canal project due to link Basra to Turkey with the Mediterranean, silk road and European markets. The project will have profound impact on cities along the route and for both import and export trade. IBBC member Mr Tugrul Titanoglu, CJ-ICM; and Mr Steve Alexandar, Sardar Group, will inform us of these changes and the evolution of electronic and port management systems already in place (see our ’23 report on ports here).
While these insights ensure everyone is better informed, there is always a significant networking and coming together of businesses and old friends and acquaintances. A reception the night before will celebrate not only IBBC’s 15 years, but also offer informal networking among delegates, speakers and founder members in the Mansion House and the chance to forge new friendships.
Iraq now enjoys a stable and focused government intent of reconnecting with the region, fiscal surpluses that are converting into new infrastructure projects, and a growing more prosperous population, keen for modernisation and the benefits of a consumer economy.
We are certain there will be big demand for tickets, so please register soon to avoid missing out. Join with us and share the insights and opportunities that a modern and stable Iraq now offers. LINK
Billuke: Iraq can't go here on a program rate........imo
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 $3.22 is the actual reinstatement...They're not going to reinstate it...but it would be enough to launch it into the float, let the float take care of it. The float will take it up to...$3.86...$4.25...$4.72. Inflation is the reason why they have been doing this RV that's leading into an RI but the RI is not feasible therefore due to inflation a float is necessary to take it to the real effective exchange rate, which may be around the numbers I suggested...
Frank26 $3.22 is the actual reinstatement...They're not going to reinstate it...but it would be enough to launch it into the float, let the float take care of it. The float will take it up to...$3.86...$4.25...$4.72. Inflation is the reason why they have been doing this RV that's leading into an RI but the RI is not feasible therefore due to inflation a float is necessary to take it to the real effective exchange rate, which may be around the numbers I suggested...
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PROOF That The 2024 Economic COLLAPSE Is Coming
Atlantis Report: 6-21-2024
It’s clear now: the economic collapse of 2024 is not just a possibility; it's an imminent reality. The downturn in the financial sector has already begun, with regional banks experiencing significant failures, which is a sign of more widespread economic distress.
The regional banking sector has been hit hard in recent times. Last year saw the collapse of notable banks such as Silicon Valley Bank, Signature Bank, and First Republic Bank.
These collapses were not isolated incidents but rather a chain reaction, indicating systemic vulnerabilities.
The domino effect continued with the fall of Silvergate Bank and Heartland Tri-State Bank. Their combined $440 billion in assets made this the largest collapse since the inception of the FDIC, Federal Deposit Insurance Corporation.
Due to a series of bank failures, the FDIC faced significant challenges. To cover the losses, it had to use a large part of its insurance funds.
This raises a crucial question: How much money does the FDIC have left to handle future collapses? The answer is worrying: not much.
When you look into the FDIC's current financial status, it's clear that it's fragile, raising concerns about how it will handle further banking crises.
Bruce’s Big Call Dinar Intel Thursday Night 6-20-24
Bruce’s Big Call Dinar Intel Thursday Night 6-20-24
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the Big Call tonight. It's Thursday, June the 20th and you’re listening to the Big Call with call, I'm going to welcome everybody to the day, which is known as the summer solstice, the longest day of the year. We thank you for tuning in, wherever you're located around the globe. Thank you being here. Thank you for being part of the Big Call Universe. And it's the SAT team, satellite team, which has helped us to get this signal out to so many listeners all around the globe, So welcome and we thank you
All right, let's see, Bob, what's our time hack for right now? 10:07 Roger that, well, let's get into where we were and where we think we are right now. We… sigh …..
By the way, I've got to put out a fire right away. Someone has brought up the idea of a structured pay out – There are no structured pay outs - That was a concept years ago that came out by the deep state to make you think you were not going to have access to your money or something restricted like that, that's total BS. There's no such thing as a structured pay out - doesn't apply. We're going to have access to all of our funds within 30 to 90 days - there's no structure to that. Just so you know
Bruce’s Big Call Dinar Intel Thursday Night 6-20-24
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the Big Call tonight. It's Thursday, June the 20th and you’re listening to the Big Call with call, I'm going to welcome everybody to the day, which is known as the summer solstice, the longest day of the year. We thank you for tuning in, wherever you're located around the globe. Thank you being here. Thank you for being part of the Big Call Universe. And it's the SAT team, satellite team, which has helped us to get this signal out to so many listeners all around the globe, So welcome and we thank you
All right, let's see, Bob, what's our time hack for right now? 10:07 Roger that, well, let's get into where we were and where we think we are right now. We… sigh …..
By the way, I've got to put out a fire right away. Someone has brought up the idea of a structured pay out – There are no structured pay outs - That was a concept years ago that came out by the deep state to make you think you were not going to have access to your money or something restricted like that, that's total BS. There's no such thing as a structured pay out - doesn't apply. We're going to have access to all of our funds within 30 to 90 days - there's no structure to that. Just so you know
Now there was somewhat of a structure with some of the tier two and tier threes that were super whales, with access to their funds - but it's not really an issue either for them. Tier three and tier three have not been notified either. The bondholders, the bond sellers, they have not received notifications that they have access to their accounts. Not yet. They're waiting like we are .
Now, for most part, what we've been hearing is that the rates, for example, on these currencies that are going up in value, the rates finally solidified over the last couple of days, at least, we've heard on screens, but not telling us what these rates are right now, we don't have that – we know they were trading. - They had some pretty good numbers, but we know now that they're trading upwards exponentially, if you know what exponential means, that's moving in a very fast direction, and I think exponential might be an exaggeration - but they are definitely moving up – up – up -- until they settle in to where they want those rates to be for us
And we've known what the rates are supposed to get to for months now, and I don't have any problem, I believe that that's what they're going to do and where they're going to be.
In the meantime, what has happened is today, redemption center staff went in for three hours for one and then three more hours for another one. In case the numbers came through today. They did not come in today.
So redemption center, Chief, if you will, was said for them to come back in tomorrow, instead of three hours at a clip, four hours at a clip, and they would overlap by one hour. That's good.
And so what that means is we're looking for the toll free numbers to come out possibly tomorrow. Now there's nothing absolute about that, but I want us to have our faith ready to believe and to receive those toll free numbers if, in fact, they do come out tomorrow. We know that there's a lot going on behind the scenes. Onfe of our bankers - Wells Fargo said, Just hang in there. This was said yesterday, just hang in there a couple more days.
Well, couple more days. It'd be Friday. That's tomorrow, so maybe that's when they manifest. Maybe that's when the rates come in, and that's when the toll free numbers for us come out in our emails.
I think that it's very possible that we get this tomorrow, and through the weekend, we're setting appointments and exchanging
We know that a lot is supposed to be happening this coming week. And I mean politically, I mean, with NESARA - a lot, a lot of things are set to happen. I don't really want to get into the political side of it that much, but believe me, the tide has turned in our favor.
Finally. It has moved to where now things can occur that we thought would happen months ago, months and months ago. They're waiting for the perfect time. The opportunity, opportune moment, to bring this Information out to us which will be most beneficial to the country and to us as a whole –
So I'm excited about what we have, where we're going, where we are now, and I feel like you know when this goes and when We have the numbers and when we're setting the appointments, we will be able to look back at years of waiting and say, it was worth it.
That's what I'm looking forward to - Sue is always telling me to look forward, don't look back. Let's look into the future, the present and future, which is now, and believe what we want, what we need, to believe about our future and put it out there --
So let's do this. Let’s pray the call out everybody have a great weekend
Bruce’s Big Call Dinar Intel Thursday Night 6-20-24 REPLAY LINK Intel Begins 1:02:10
Bruce’s Big Call Dinar Intel Tuesday Night 6-18-24 REPLAY LINK Intel Begins 1:01:50
Bruce’s Big Call Dinar Intel Thursday Night 6-13-24 REPLAY LINK Intel Begins 1:09:00
Bruce’s Big Call Dinar Intel Tuesday Night 6-11-24 REPLAY LINK Intel Begins 1:02:50
Bruce’s Big Call Dinar Intel Thursday Night 6-6-24 REPLAY LINK Intel Begins 50:20
Bruce’s Big Call Dinar Intel Tuesday Night 6-4-24 REPLAY LINK Intel Begins 56:00
Bruce’s Big Call Dinar Intel Thursday Night 5-30-24 REPLAY LINK Intel Begins 1:04:40
Bruce’s Big Call Dinar Intel Tuesday Night 5-28-24 REPLAY LINK Intel Begins 1:08:00
Bruce’s Big Call Dinar Intel Thursday Night 5-16-24 REPLAY LINK Intel Begins 1:09:09
News, Rumors and Opinions Friday AM 6-21-2024
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 Fri. 21 June 2024
Compiled Fri. 21 June 2024 12:01 am EST by Judy Byington
Global Financial Crisis:
Thurs. 20 June 2024: The international monetary system collapsed in 1914, 1939 and 1971. 2008 tested the system but central banks delayed the inevitable with QE. Now they are eating losses. A collapse often signifies the rebirth of a new system. So many signals represent we are getting closer:
– More trade in local currencies – Gold being stockpiled – CBDCs – Hot conflicts around the world – BRICs getting bigger – The Western financial system being weaponized
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 Fri. 21 June 2024
Compiled Fri. 21 June 2024 12:01 am EST by Judy Byington
Global Financial Crisis:
Thurs. 20 June 2024: The international monetary system collapsed in 1914, 1939 and 1971. 2008 tested the system but central banks delayed the inevitable with QE. Now they are eating losses. A collapse often signifies the rebirth of a new system. So many signals represent we are getting closer:
– More trade in local currencies
– Gold being stockpiled
– CBDCs
– Hot conflicts around the world
– BRICs getting bigger
– The Western financial system being weaponized
It would be easy to continue to go on. This is what happens when the foundation shakes. https://t.me/USDebtClockAmerica
Thurs. 20 June 2024: EXPOSED: NESARA GESARA Initiatives Reveal the Fall of Corrupted Banks, Stock Market Collapse, and Deep State Corporations in the Vatican – American Media Group (amg-news.com)
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Global Currency Reset: (Rumors/Opinions)
Thurs. 20 June 2024 Bruce:
The currencies going up in value finally solidified in the last couple of days – but we don’t know what they are. They were trading upwards and they are now trading exponentially but they are moving UP UP UP to where those rates are supposed to be for us and I do believe that is what they are doing.
Today the Redemption Center Staff went in for a couple of hours but the numbers never came today. Tomorrow Fri. 21 June (Summer Solstice) they are going in for overlapping hours – and that would allow for our numbers if indeed they do come out tomorrow.
Yesterday a banker said – “Just hang in there a couple of more days” and so that would have been a couple of days and that would be Friday – so I think we could get this tomorrow and through the weekend.
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Thurs. 20 June 2024 Wolverine: “Ok the new rates should be posted today (Thurs. 20th June) in Iraq and expecting funds to be released either today Thurs. or Fri. 21 June in the USA. Let’s hope it happens as we cannot keep going like this as too many people are hurting. …Conference Call: “It’s looking good.”
Wed. 19 June 2024 Intel Guru Frank26: [The new ATMs] are everywhere in Iraq now. It’s not hundreds, it’s not thousands, it’s tens of thousands of them. They are everywhere that an Iraqi citizen can walk to. They are at their hookahs… mosques, bars shops… street.. banks… corners, they’re everywhere… There’s going to be a massive rush going into the banks.
Read full post here: https://dinarchronicles.com/2024/06/21/restored-republic-via-a-gcr-update-as-of-june-21-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mailman17 Some gurus state that Iraq has to have more than oil to export to be on par with Kuwait. Every export Kuwait has is from oil..oil, gas, alcohol etc..all made from oil. Iraq has all that and then some. Oil, gas, sulphur, dates, gold and a few more. Do not compare Kuwaiti exports with Iraq..Iraq wins hands down and has more of it..food for thought.
Mnt Goat Do they have to RV to make the budget work? If you take what the prime minister told us about the dropping of the zeros...in an April 2023 article, we can see that taking the 1320 rate and dropping the 3 zeros makes it $1.32. If we take the 6.5 billions dinars allocated for the new pipeline construction it is actually about $4.9 billion dollars. If we divide 6.5 / 4.9 we get 1.32...is this a coincidence? Can you see now why I am so excited...WOW! WOW1 WOW! ...Many believe it is not coincidental and so I agree...Do they need the change in rate to build the pipeline? What about the other projects too like the 7 new refineries? ...if it does they will have to get their act in gear real soon, as they also told us they plan to begin this new pipeline now NOT in 2025.
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BREAKING NEWS: Changes in the Developing Road Project
Edu Matrix: 6-21-2024
BREAKING NEWS: Changes in the Developing Road Project …Exchange Rate 6/19 $1.00 = 1310.52
BANK AUDITOR WARNS: $525 BILLION in Bank Losses Threaten Banks Already On Edge of a Massive Crisis
Lena Petrova: 6-20-2024