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Sunday AM News, Rumors and Opinions 7-7-2024
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 Sun. 7 July 2024
Compiled Sun. 7 July 2024 12:01 am EST by Judy Byington,
Global Currency Reset: (Opinions/Rumors) Guesses of a Possible Timeline for RV, forward from JR. on Telegram
We are supposed to have RV before NESARA was officially released to public to get accounts set up in the month of July.
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. 7 July 2024
Compiled Sun. 7 July 2024 12:01 am EST by Judy Byington,
Global Currency Reset: (Opinions/Rumors)
Guesses of a Possible Timeline for RV, forward from JR. on Telegram
We are supposed to have RV before NESARA was officially released to public to get accounts set up in the month of July.
Almost all RV GURUS and Intel have all stated we should only take 10 days to go through all the currency holders before lockdowns (since they are going to be open 24/7 for 10 days) More redemption centers in higher populated areas. Our email confirmations an Ph #s have been given to 5 + websites.
All Intel states were going to have 3 to 10 day lockdown of the internet to reveal to the masses. This is when they announce at the END of that announcement.
They have new QFS accounts that they will have to go in. To get there Quantum account set up at the closest bank or redemption centre in their area.
EMAILS have to come in from now up to no later than Tuesday June 9th to get into the Redemption Centers before the lockdowns.
JULY 20th to start lockdowns for 10 days to get QFS an MED-BEDS released to the world at the very end of this MONTH
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Judy Note: What we think we know as of Sun. 7 July 2024:
There will be an Internet Blackout.
The White Hat Military is in control of the redemption process, which has released funds across the World for the Global Currency Reset.
All banks have signed Non Disclosure Agreements.
The funds come directly from the US Treasury Department of Defense Operations – that go out to Treasury Departments in other countries.
Japan has revalued their currency.
Bond Holders have begun to be paid in Brazil.
Notifications have gone out to Tier 4a, a small group of Tier4b and some Bond Holders.
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Sat. 6 July 2024 Wolverine. “It has started. It is a process hopefully completed by the 20th. I’m hoping to get the Green Light in a few days.”
Fri. 5 July 2024 Banker: “Well folks it’s not like we haven’t heard this before but, I just got off a call from Hong Kong, London, NYC, Reno, and me. They are indicating that certain bond holder groups are having funds disbursed to paymasters over this weekend and that we as currency holders should remain vigilante for notifications this coming week. An FYI only as banker has not suggested same.
Sat. 6 July 2024: Bombshell Report! This is your Financial Bible | This is the Quantum Financial System Manual of GESARA-NESARA & XRP! – American Media Group (amg-news.com)
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Global Financial Crisis:
Sat. 6 July 2024 This is absolutely insane: Annual US government spending reached a MASSIVE $6.5 trillion in May, just $1.1 trillion below the March 2021 record. The government total outlays have DOUBLED in just a decade. To put this into perspective, this is more than the size of most world economies except the US and China. Meanwhile, the US budget deficit hit $1.7 trillion, or 6.2% of GDP over the last 12 months. In the past, such levels of spending have only occurred during major crises. What’s the long-term plan here?
Sat. 6 July 2024: 90% of all trade between China and Russia is conducted in Ruble or Yuan after ditching the US Dollar.
Read full post here: https://dinarchronicles.com/2024/07/07/restored-republic-via-a-gcr-update-as-of-july-7-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Key players are ready to get this thing done. It's a very good sign. I honestly believe we're watching history in the making...We're seeing progress like no other...If you're paying attention I think you guys should be really pumped and excited that things are happening.
Sandy Ingram If the Iraqi dinar revalued next week are you ready? ...Understanding this one fact, you will do just fine. The wealthy never never ever spend their bases or the foundation of their wealth. In your case this would be the profits from your Iraqi dinars...Wealthy people invest their initial profits. The first person they hire is a financial advisor. The second...is a tax professional...to make sure Uncle Sam doesn't get large sums of their money. If you do anything else you are in the fast lane to going broke.
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Why Iraq Has Two Exchange Rates
Edu Matrix: 7-7-2024
Update Why Iraq Has Two Exchange Rates… Gold Prices IQD VND Rates—Iraq's two exchange rates affect the country's economic progress. This video shares how and why this is important.
Hidden Crisis: Lynette Zang Reveals The Truth About Fintech And Banking Collapse
The Market Sniper: 7-6-2024
“Tidbits From TNT” Sunday Morning 7-7-2024
TNT:
Tishwash: Oil and gas law...the unsolvable knot
The oil and gas law is considered one of the sensitive laws in the Iraqi state, as it is one of the axes of the ongoing conflict between the central and regional governments over oil imports.
The center of the dispute over the law is that the region wants to control oil imports in its lands according to its mood without the control of the federal government, while the political forces do not want to grant this privilege to the region because it gives it a kind of separatist independence, so to speak.
Since the first session of the Iraqi Council of Representatives, in 2005, the draft oil and gas law has been stuck in drawers, as disagreements prevent its approval in its final form.
After 18 years, he announced the formation of a committee to draft the law and present it to the government and the House of Representatives.
TNT:
Tishwash: Oil and gas law...the unsolvable knot
The oil and gas law is considered one of the sensitive laws in the Iraqi state, as it is one of the axes of the ongoing conflict between the central and regional governments over oil imports.
The center of the dispute over the law is that the region wants to control oil imports in its lands according to its mood without the control of the federal government, while the political forces do not want to grant this privilege to the region because it gives it a kind of separatist independence, so to speak.
Since the first session of the Iraqi Council of Representatives, in 2005, the draft oil and gas law has been stuck in drawers, as disagreements prevent its approval in its final form.
After 18 years, he announced the formation of a committee to draft the law and present it to the government and the House of Representatives.
The committee that was formed between Baghdad and Kurdistan to draft a draft law for oil and gas includes the Minister of Oil, the Minister of Natural Resources in the region, the Director General of SOMO, and the advanced staff in the Ministry of Oil, as well as the oil-producing governorates such as Basra, Dhi Qar, Maysan, and Kirkuk.
Iraq exports an average of 3.3 million barrels of crude oil per day, and black gold constitutes more than 90 percent of the Iraqi treasury's resources.
Article 14 relates to oil revenues in the Kurdistan region and their audit by the Federal Oversight Office
The draft Iraqi oil and gas law regulates this vital sector for Iraq and the management of the country's oil fields through one national company, with imports being deposited in one account.
The financial advisor to the Iraqi Prime Minister, Mazhar Muhammad Salih, confirmed in statements that accelerating the adoption of the federal oil and gas project law in the House of Representatives as quickly as possible will establish a stable national road map for investment and production of the country's primary sovereign resource, which is oil and gas.
He explained that "this natural resource contributes directly to Iraq's gross domestic product at a direct rate of approximately 50 percent, and leaves an indirect impact on the total economic activity of our country at a rate of no less than 85 percent."
Saleh said, "Adopting a unified national oil policy, and achieving optimal investment and production in Iraq's oil region, starting from the southern fields up to the northern and regional fields, is an important and strategic matter in the matter of taking advantage of opportunity costs in the optimal and harmonious operation of Iraqi oil policy currently."
The draft oil and gas law in Iraq available to Parliament stipulates that responsibility for managing the country's oil fields must be entrusted to a national oil company, and supervised by a federal council specialized in this subject.
For its part, the Kurdistan Oil Law indicates that the Iraqi government has the right to participate in the management of fields discovered before 2005, but the fields discovered afterward belong to the regional government.
In 2022, the Federal Court in Baghdad ordered the region to deliver the oil produced on its lands to Baghdad, and to cancel contracts that the region had signed with foreign companies. The matter went so far as to invalidate the Baghdad judiciary's contracts with many foreign companies, especially American and Canadian companies.
After years of exporting oil alone via Turkey, the Kurdistan region must adhere, as of late 2023, to the decision of an international arbitration body that gave Baghdad the right to fully manage Kurdistan's oil.
As a result, exports from the region stopped. A temporary agreement signed between Baghdad and Erbil stipulates that Kurdistan oil sales will be made through the Iraqi Oil Marketing Company “SOMO,” while revenues generated from the region’s fields will be deposited in a bank account with the Central Bank of Iraq or one of the banks approved by the Central Bank of Iraq.
A member of the Parliamentary Oil and Gas Committee, MP Durgham al-Maliki, revealed that the coordination framework and the state administration coalition discussed the oil and gas law with Masoud Barzani.
Al-Maliki told Al-Maalouma Agency, “The committee discussed the draft law in a professional manner and completed most of its paragraphs, but the government requested its withdrawal to make amendments to it, indicating that the law is still in the government's possession.”
He promised, "The approval of the annual budgets was disrupted due to oil disputes between the center and the region, indicating that approving the law has become an urgent necessity because of its ability to resolve 90% of the disputes between the region and the center."
He stressed, "The enactment of the law is governed by political agreement, not professional agreement," calling on "political forces to put pressure on the government to send the law for the purpose of legislating it." link
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CandyKisses: Member: Iraq ranks 61st in the world in the scale of the safest countries
Baghdad - Mawazine News
Iraq ranked 61st in the world out of 100 listed countries and the seventh safest Arab in the world for the current year 2024.
ACCORDING TO A RATING FROM CEOWORLD MAGAZINE.
Seed by Mawazine News, the safest countries by taking into account different dimensions, these dimensions include safety from violent crime, safety from terrorism, safety of transport, health measures (including diseases), and safety for specific groups such as women; foreign travelers, migrants, expatriates, foreign travelers and migrants.
In 2024, Andorra, located in the Pyrenees mountains between Spain and France, was chosen as the safest country in the world, and despite being one of the smallest and least populated countries in Europe, with a population of only about 82,000 people, it attracts more than 3.5 million visitors from abroad annually, making it the country with the largest number of tourists per capita with points with 97.68 points, followed by the UAE with 97.13 points, followed by the Green Land located in the Americas with 96.98 points, followed by Liechtenstein in Europe with 96.97 points.
Of the 188 countries around the world, Iraq ranked 61st globally, with points of about 82 points out of 100 points.
The index put 5 Arab countries in the safest countries category, Iraq came in seventh place after: the UAE, Saudi Arabia, Bahrain, Kuwait, Jordan, Qatar.
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Tishwash: Parliamentary Finance: Oil companies’ dues added to budget tables, government coordination to resume exports
The Parliamentary Finance Committee confirmed the continuation of coordination and communication between the federal government and the Kurdistan Region to resume oil exports through the Turkish port of Ceyhan.
The Vice-Chairman of the Committee, Ikhlas Al-Dulaimi, stated in a statement to the National Iraqi News Agency / NINA /, that "the general budget tables approved by the Council of Representatives are the ones adopted by the government, thus canceling any financial texts and paragraphs mentioned outside it," and pointed out that there are allocations for the costs of oil production and transportation worth 3 trillion and 800 billion dinars, which were added to the general budget tables.
She added, "If an agreement is reached between the federal government and the region to resume oil exports, the federal Ministry of Finance and the Ministry of Oil and Natural Resources in the region will proceed to coordinate to find a mechanism to disburse those amounts and pay the dues of oil companies."
She explained, "The oil companies operating in the Kurdistan Region, the region requests 6 months' amounts and there are contracts signed between the two parties that are difficult to cancel, because they are giant foreign companies that will resort to the judiciary and sue the region and the federal government." link
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Mot: .. I Mean Some Peoples
Mot: . They Say !!!!--- Sure Hoping Soooooooooooooooon!!!!
More News, Rumors and Opinions Saturday PM 7-6-2024
Ariel: Iraqi Dinar News: From WTO Website:
During the visit to Baghdad, the Chair was informed that Iraq’s initial market access offers on goods and services would be circulated soon, in preparation for holding the 3rd meeting of the Working Party in the middle of 2024.
Link https://v2.xscodes.icu/english/news_e/news24_e/acc_16jan24_e.htm
The team in the Ministry of Trade will “take real steps that will shorten the path to Iraq’s accession to the World Trade Organization and ultimately benefit from the advantages offered by this accession,” indicated Minister Al Ghurairi.
Ariel: Iraqi Dinar News:
From WTO Website:
During the visit to Baghdad, the Chair was informed that Iraq’s initial market access offers on goods and services would be circulated soon, in preparation for holding the 3rd meeting of the Working Party in the middle of 2024. Link https://v2.xscodes.icu/english/news_e/news24_e/acc_16jan24_e.htm
The team in the Ministry of Trade will “take real steps that will shorten the path to Iraq’s accession to the World Trade Organization and ultimately benefit from the advantages offered by this accession,” indicated Minister Al Ghurairi.
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Parliamentary Committee to Al-Eqtisad News: The Oil and Gas Law is Almost Complete, and This is What We Hope for from Barzani’s Visit to Baghdad
7/4/2024 Baghdad
Member of the Parliamentary Oil and Gas Committee, Zainab Al-Moussawi, revealed today, Thursday, the latest developments in the Oil and Gas Law, while pointing to the impact of Masoud Barzani’s visit to Baghdad on the approval of the law.
Al-Moussawi said in an interview with Al-Eqtisad News: “So far, the draft oil and gas law is almost complete, with a high percentage that may reach 90%, but there are some objections from the Kurds regarding some points, which are summarized in handing over oil imports and exploited and unexploited natural resources to Baghdad, as Erbil refuses to do so.”
She added: “We hope that Masoud Barzani’s visit will be the beginning of resolving the crisis of the law and its legislation after an agreement with the political foundations in Baghdad, which is the Coordination Framework, 𝙖𝙨 𝙖𝙡𝙡 𝙥𝙤𝙡𝙞𝙩𝙞𝙘𝙖𝙡 𝙗𝙡𝙤𝙘𝙨 𝙖𝙧𝙚 𝙢𝙤𝙫𝙞𝙣𝙜 𝙩𝙤𝙬𝙖𝙧𝙙𝙨 𝙡𝙚𝙜𝙞𝙨𝙡𝙖𝙩𝙞𝙣𝙜 𝙩𝙝𝙚 𝙤𝙞𝙡 𝙖𝙣𝙙 𝙜𝙖𝙨 𝙡𝙖𝙬 𝙩𝙝𝙖𝙩 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙚𝙨 𝙩𝙝𝙚 𝙘𝙤𝙪𝙣𝙩𝙧𝙮’𝙨 𝙣𝙖𝙩𝙪𝙧𝙖𝙡 𝙧𝙚𝙨𝙤𝙪𝙧𝙘𝙚𝙨”.
The member of the Parliamentary Oil Committee explained that “the Oil and Gas Law contributes to exploiting the largest possible amount of undiscovered oil fields and also contributes to achieving self-sufficiency in petroleum derivatives and optimal exploitation of wasted natural resources estimated at hundreds of billions of dollars that contribute to diversifying the state’s financial resources.”
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People, do you know how extremely huge these two reports are? This is the best news anyone can ask for that is not referring directly to rate & date while still indirectly giving you at least one of them without being specific. We are so close. Because in the second report regarding the Oil & Gas this is the constitutional rights of the citizens to get a percentage of the oil revenues once it is passed. Do you know how long people have waited to hear this is about to be complete?
This means that the new exchange rate is even closer. Because I have already given you a report about Iraq’s Compliant with international standards that needs to be completed by July 12th.
Report: -Derivative Clearing Organizations DCOs must comply by July 12, 2024. (See Federal Register link below)
The completion of these swap dealer compliance issues in the Forex Market comes at a time when Iraq has just completed their requirements on phase one of their economic reforms.
Phase one is a completion of reforms that have now qualified Iraq for international trade.
Ariel @Prolotario1
https://dinarchronicles.com/2024/07/05/ariel-prolotario1-new-exchange-rate-for-iraq-by-july-12th/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Key players are ready to get this thing done. It's a very good sign. I honestly believe we're watching history in the making...We're seeing progress like no other...If you're paying attention I think you guys should be really pumped and excited that things are happening.
Walkingstick [Iraqi bank friend Aki update] The CBI board of directors decided...to hold meeting with only all of their executives of all their banks...These two or three meeting are going on... This is on the subject of the monetary reform, lower notes, exchange rate, budget ... These next few days are going to be very silent. The press will not cover
it. No one will know anything about it. They will suppress this information...This silence is normal and to be expected right now. [Aki] has seen this quietness before when the CBI was getting ready to make a major move.
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A 53 Year Old PATTERN Has Been BROKEN...
Lynette Zang: 7-6-2024
Today we are talking about a 52 year old pattern that has been broken and what that really means for the markets and your money...
The Global Economy Is Collapsing As the WORST Case Scenario Unfolds
Atlantis Report: 7-6-2024
The global economy, which was once stable and growing, is now facing serious challenges. Recently, troubling signs have been reported from different parts of the world, indicating problems for the international financial system.
Traditional signs of economic trouble, such as the strong U.S. dollar and decreasing interest rates, are now more evident than ever.
These worrying signs, combined with geopolitical tensions, trade disputes, and increasing debt levels, indicate that the global economy is in trouble. The worst-case scenario is happening right now.
Seeds of Wisdom RV and Economics Updates Saturday Evening 7-6-24
Good Evening Dinar Recaps,
WHAT CAN RLUSD STABLECOIN DO THAT XRP CANT DO?
"Ripple President Monica Long explains the dual role the forthcoming RLUSD stablecoin could play alongside XRP for developers and payment utilities."
1. Some customers will prefer to transact in USD, so the stablecoin is the better method. 2. Sometimes a bridge asset is unnecessary. 3. XRP is a neutral crypto FOR USE as a BRIDGE ASSET. 4. XRP can move more than just currency, RLUSD only moves US dollars.
Good Evening Dinar Recaps,
WHAT CAN RLUSD STABLECOIN DO THAT XRP CANT DO?
"Ripple President Monica Long explains the dual role the forthcoming RLUSD stablecoin could play alongside XRP for developers and payment utilities."
1. Some customers will prefer to transact in USD, so the stablecoin is the better method.
2. Sometimes a bridge asset is unnecessary.
3. XRP is a neutral crypto FOR USE as a BRIDGE ASSET.
4. XRP can move more than just currency, RLUSD only moves US dollars.
"Ripple sees XRP as essential for efficient cross-currency or cross-token settlements, particularly for long-tail assets and currencies. Long cited instances with the sub-Saharan African region, Europe, and the Middle East where costs can be very high amid insufficient liquidity. In these scenarios, fees can exceed 10% of the payment, making XRP crucial for the transactions."
© Newshounds News™
Read more The Crypto Basis
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DONALD TRUMP STATES HE WILL BECOME THE FIRST CRYPTO PRESIDENT
"At a campaign fundraising event in June, former president Donald Trump styled himself as something that would have seemed unlikely not long ago. He said he would be the crypto president," tech executive Trevor Traina, who attended the fundraiser, told Reuters that month."
"By May, he declared that the US should be the industry's global leader in the space."
"The numbers back the point. According to a May report from Public Citizen, the cryptocurrency sector is becoming a titan of political funding that's hard to ignore."
"About half of young voters surveyed by Grayscale said they will consider a candidate's crypto position before voting."
DONALD TRUMP'S STANCE ON CRYPTO SHOULD GET THE ATTENTION OF THE US SENATE WHO HAS YET TO PASS A CRYPTO BILL
© Newshounds News™
Read more: Business Insider
~~~~~~~~~
"Which Banks Are Using Ripple?
Ripple’s network of banking partners has continued to grow as the blockchain expands its global reach and influence. Moreover, the number of potential partners is expected to increase as Ripple Labs tries to move forward from its lengthy legal battle with the U.S. Securities and Exchange Commission (SEC)."
"The following banks are confirmed to have been working with Ripple:
*Santander (USA)
*Canadian Imperial Bank of Commerce (Canada)
*Kotak Mahindra Bank (India)
*Itaú Unibanco (Brazil)
*IndusInd (India)
*InstaReM (Singapore)
*BeeTech (Brazil)
*Zip Remit (Canada)
*LianLian (China)
*RAKBANK (U.A.E.)
*IFX (U.K.)
*TransferGo (U.K.)
*Currencies Direct (U.K.)
*Airwallex (Australia)
*SEB (Sweden)
*SBI Remit (Japan)
*Siam Commercial Bank (Thailand)
*Krungsri (Thailand)
On the flipside Ripple may be a faster and more affordable blockchain network than Bitcoin and Ethereum, but it is outclassed by modern networks like Solana (SOL) regarding speed and efficiency."
© Newshounds News™
Read more: Daily Coin
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VIETNAM INTRODUCES MANDATORY FACIAL RECOGNITION FOR DIGITAL PAYMENTS THAT EXCEED APPROXIMATELY $390
This will be an issue for many US citizens going into the digital age as privacy concerns accompany KYC/AML (know your customer/ anti-money laundering) laws.
"Authorities in Vietnam have introduced a facial recognition requirement for all digital payments of 10 million dong (about $390) or more made in the country. The measure, which has already raised questions about privacy and security, requires all money transfers made through banks or e-wallets to involve face scanning on smartphones via banking applications. According to the State Bank of Vietnam, the obligation aims to “ensure the security of online and bank card payments.”
Newshounds News will be keeping an eye on these new laws and will report on their advancement.
© Newshounds News™
Read more: Agenzia Nova
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BASEL COMMITTEE UPDATE REGARDING CRYPTO RULES FOR BANKS
"The committee is unveiling the standards later in July, culminating a years-long process."
"The Basel Committee met on July 2-3 and made policy decisions on issues that included disclosure of banks’ crypto exposure. A disclosure framework for banks’ crypto assets was proposed in December 2022 and opened for comments in May 2023.
"Updated standards will be published later in July, according to a Bank for International Settlements (BIS) statement."
This article is dated July 3, 2024, up-to-date news regarding BIS and BASEL 3
@ Newshounds News™
Read more: Coin Telegraph
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Venezuela’s Digital Asset Remittances Hit Yearly $460 Million
"Venezuelans have recorded an increased amount of remittances with crypto numbers surging in the last one year."
HIGHLIGHTS
*"Venezuela recorded $5.4 billion in remittances last year."
*"Out of this number, over $460 million were crypto transactions."
*"Global adoption of crypto assets continues to soar with more use cases."
"Venezuelan citizens have recorded a surging number of cryptocurrency remittances with figures above $460 million in the last 12 months. Generally, remittances in the country have grown due to harsh economic conditions that led to huge numbers of migrants. The figure shows a growth in crypto adoption in the last year in Latin America and other jurisdictions."
"Venezuelans Embrace Crypto Remittances"
"Venezuelans have increased their crypto usage for transactions as general figures have spiked in the last year. According to data from the Inter-American Dialogue, Venezuelans remitted about $5.4 billion contributing 6% to the gross domestic product. To put growth in perspective, the figure is almost a 75% surge from 2021. "
"Crypto remittances were up to $461 million, totaling 9% of numbers per Chainalysis data. Manuel Orozco, director of Migration, Remittances, and Development at the Inter-American Dialogue noted that while the figures are high, a large number of migrants cannot afford to send remittances. “The number of Venezuelan migrants that are sending remittances has jumped 50-60%. It’s not a higher percentage because the rest of the migrants cannot yet afford to send money.”"
"Venezuelan remittances spiked after the country faced an economic crisis leading to migration with about 30% of households receiving money from foreign countries. In the last 10 years, over 7 million Venezuelans have left the country sending money back home through digital methods. While traditional remittance methods appear slower and more expensive, crypto assets provide an easier route. However, crypto users back home face certain regulations on some digital asset exchanges with many calling on pro-industry laws."
Globally, Crypto usage has soared. Traditional means of remittances have huge rates attached, while crypto is a much faster and cheaper way to send remittances.
@ Newshound News™
Read more: CoinGape
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Economist’s “News and Views” Saturday 7-6-2024
28 Countries Joining BRICS: What Next?
Fastepo: 7-5-2024
According to a Russian newspaper, Izvestia, 28 countries have expressed interest in joining BRICS, either as full members or partners.
This information was confirmed by representatives from one of the association's countries during the BRICS Foreign Ministerial Council in Nizhny in Russia. The list includes countries from different continents including Palestine.
However, Palestine, which is not yet fully recognized internationally, has expressed interest in joining as an observer state or partner.
Please note that the timing of this expansion has not yet been confirmed. Some sources, such as the Russian Prime Minister, have mentioned that it will be discussed during the BRICS summit in 2024.
28 Countries Joining BRICS: What Next?
Fastepo: 7-5-2024
According to a Russian newspaper, Izvestia, 28 countries have expressed interest in joining BRICS, either as full members or partners.
This information was confirmed by representatives from one of the association's countries during the BRICS Foreign Ministerial Council in Nizhny in Russia. The list includes countries from different continents including Palestine.
However, Palestine, which is not yet fully recognized internationally, has expressed interest in joining as an observer state or partner.
Please note that the timing of this expansion has not yet been confirmed. Some sources, such as the Russian Prime Minister, have mentioned that it will be discussed during the BRICS summit in 2024.
However, other sources believe that it will be further discussed next year. Regardless of the timing, it is important to discuss this expansion in more detail.
This video will detail all 28 countries interested in joining BRICS and analyze their potential contributions, including how their membership could expand BRICS' influence and economic clout globally.
The analysis will consider the economic, political, and strategic implications of this expansion, providing insights into how BRICS could evolve in the coming years.
Argentina Faces Reality: Renews RMB Currency Lifeline, Expands China Trade For Economic Survival
Sean Foo: 7-6-2024
While Milei preaches dollarization, his economic moves is actually drawing Argentina closer and closer to China. Not only did he secure a vital currency lifeline, he is expanding trade with China with more agricultural exports. Here's why Milei did a dramatic U-turn towards Beijing!
Timestamps & Chapters:
0:00 Milei's U-Turn On China
2:51 Scrambling For Currency Lifeline
6:00 Argentina Needs More China Trade
9:17 China's Latin American Strategy
11:39 Milei Needs Chinese Investments
Bullion Bulletin - JULY 5, 2024
Miles Franklin: 7-5-2024
Bullion Bulletin is a compilation of videos from Andy's week of interviews. In this compilation, you'll find a variety of engaging and informative content featuring expert analysis and discussions.
Jim Rickards: If They Pull This Plug Right Now, There Will be a Reckoning Upon Us
Daniela Cambone: 7-5-2024
“The problem now is if you pull the plug, it will be chaos,” warns Jim Rickards, New York Times bestselling author. In an exclusive interview with Daniela Cambone,
Rickards also states that the U.S. is caught in a financial war, with the U.S. dollar being threatened by BRICS nations and their new currency. Even though the U.S. dollar will remain the world’s reserve currency, the BRICS currency could become a successful trading currency.
“That’s how confidence is lost in the United States, slowly at first and then suddenly. So we're not at the 'suddenly' stage yet, but we're getting really close.”
Watch the powerful interview to learn more about Rickards' thoughts.
“Tidbits From TNT” Saturday 7-6-2024
TNT:
Tishwash: Sudanese congratulates Iranian president-elect
Prime Minister Mohammed Shia al-Sudani stressed, today, Saturday, the importance of continuing coordination between Iraq and Iran at the highest levels and in all fields.
The Prime Minister's Media Office stated in a statement that "Prime Minister Mohammed Shia al-Sudani congratulated Masoud Pezeshkian on his election as President of the Islamic Republic of Iran."
In a telegram sent to Pezeshkian, according to the statement, the Prime Minister expressed his "wishes for his success in his duties," stressing "the depth of relations between the two friendly neighboring countries, and the importance of continuing coordination at the highest levels, in all fields, and in a way that serves common interests." link
TNT:
Tishwash: Sudanese congratulates Iranian president-elect
Prime Minister Mohammed Shia al-Sudani stressed, today, Saturday, the importance of continuing coordination between Iraq and Iran at the highest levels and in all fields.
The Prime Minister's Media Office stated in a statement that "Prime Minister Mohammed Shia al-Sudani congratulated Masoud Pezeshkian on his election as President of the Islamic Republic of Iran."
In a telegram sent to Pezeshkian, according to the statement, the Prime Minister expressed his "wishes for his success in his duties," stressing "the depth of relations between the two friendly neighboring countries, and the importance of continuing coordination at the highest levels, in all fields, and in a way that serves common interests." link
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Tishwash: US messages to Iraqi leaders: Dollar cash flow may stop
Prominent Kurdish politician, Masoud Barzani, sent messages to Iraqi political leaders, stating that the entry of some factions into the Israeli-Iranian conflict may prevent the flow of cash dollars into Iraq.
Politician Mishaan Al-Jubouri said that Barzani informed the leaders of the Coordination Framework that the American siege will be imposed on Iraq if Washington's interests are attacked.
He added that Barani also informed the leaders of the Coordination Framework that America can stop the flow of dollars to Iraq and cause harm to the country, but Iraq is unable to cause any harm to America link
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Tishwash: Prime Minister's Advisor: Iraq in the process of paying off long-term development loans to the World Bank
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Saturday, that zeroing out the debts to the International Monetary Fund reflects Iraq's high and solid creditworthiness, while indicating that Iraq is in the process of paying off long-term development loans to the World Bank.
Saleh told the Iraqi News Agency (INA): "Iraq has entered into about 5 programs with the International Monetary Fund since 2004 until the end of 2018, including 3 credit readiness programs, and all of them were characterized by providing loans whose function was to support the state of stability and economic reform in Iraq in two directions. The first: loan programs, as Iraq received loans from the International Monetary Fund to help it overcome economic crises, as these loans included supporting the general budget and financing economic stability programs, especially during the war on ISIS terrorism."
He added: "As for the other direction: in the field of economic reforms, as the International Monetary Fund usually stipulates that countries that receive loans implement certain economic reforms. In the case of Iraq, these reforms included improving the management of public finances and the banking sector, enhancing transparency, combating corruption, and reforming the energy sector."
He pointed out that "these loans did not exceed $5 billion per loan, and the actual withdrawal from them will not exceed $3 billion or more in each case, and according to a repayment program that takes place every 6 months with grace periods of two years before repayment with a moderate annual interest that usually does not exceed 4.5%, and the terms of these loans do not exceed five years."
He pointed out that "Iraq has repaid the loans that were withdrawn during the past twenty years according to regular payment mechanisms and are close to zeroing out unless they are all zeroed out today, which reflects the high and solid creditworthiness of the Republic of Iraq in repayment before the international financial community in particular and towards multilateral international financial organizations in general."
He continued: "But certainly there are long-term development loans that belong to the World Bank that are still in place, which is another development financial organization, and are worth a few billion and are in the process of repayment, and some of them are still in the process of committing to withdrawing them to spend them on completing development projects contracted with the World Bank, and they are also long-term soft loans."
He stressed that "cooperation relations continue between Iraq and the International Monetary Fund in various fields, including providing technical advice and supporting economic policies," noting that "the relationship between Iraq, the International Monetary Fund and the World Bank is important for achieving economic stability and sustainable development in the country."
He pointed out that "Iraq has been a founding member of the International Monetary Fund and the World Bank since 1945." link
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Tishwash: The Iraqi Private Sector and Improving the Investment Environment in the National Development Plan 2024-2028
During the past three months, the Ministry of Planning and the specialized work teams have made efforts to prepare and prepare the National Development Plan 2024-2028, the draft ofD which addressed in detail the main challenges facing the Iraqi private sector and the main objectives aimed at achieving its effective contribution to improving the investment environment.
While I agree with what is stated in the plan, we emphasize the need to add the basic pillars stated in the private sector development strategy.
For the years 2014-2030, and in particular its three time periods, its four pillars, its four pillars, what has been achieved since its launch in 2014, and what has not been achieved.
It is also necessary to state what has been achieved from Iraq’s Vision 2030, which clearly outlined the path to achieving a “strong and developing private sector.”
In addition to determining what has been achieved during the implementation of previous national development plans and the economic, financial and banking reform strategy included in the government program of the current government and what is the real role through which the private sector should contribute with government participation and support in managing the overall economy. This requires providing a legislative environment and a stable business environment and focusing on the axes that aim to build sound preliminaries for the transition to a complete economic reform. This is what we all agree on, but this requires the government and the private sector in all its banking, industrial, agricultural, energy, health, construction, tourism and service sectors to participate and cooperate in implementing the transitional, medium and long-term economic reform strategy.
This means involving the private sector in a greater role in economic decision-making and leading the market institutionally and legislatively through the following:
1- Contributing with the government to improving the business environment in Iraq and providing an encouraging investment climate to attract national and foreign capital in accordance with the government’s program and encouraging and stimulating the achievement of partnerships between the public and private sectors in financing and developing development projects that have achieved implementation rates.
Good and its allocations are included in the general budgets of 2024 and 2025
2- Contributing with the government to creating a new legislative environment based on Article (25) of the Permanent Constitution, the strategies and laws related to economic reform, the private sector development strategy, its pillars and specific contents, in a way that ensures its activation and leadership of the market in the future.
3- Maintaining and activating the partnership, dialogue and cooperation between the private sector and the government by taking rapid measures to activate the Private Sector
Development Council and start its work under the chairmanship of the Prime Minister, enacting a special law for it and forming a joint advisory council from the government and private sectors linked to the council that includes experts from the various economic sectors nominated by the council members and provides its advice and works according to a special system approved by the council.
4- Contributing with the government in developing policies, mechanisms and strategies and participating in following up on their implementation to resolve the transition to time-programmed stages to a market economy.
5- Working with the government to provide additional sources of funding for the state’s general budget by adopting the development and diversification of resources towards raising
the percentage of resources other than oil in the gross domestic product, by activating the real economy and diversifying sources of national income.
6- Work to encourage the establishment and development of small, medium and micro enterprises in order to achieve comprehensive and sustainable development, including the formation of specialized institutions for this purpose and issuing a special law to develop and advance these projects and determine their economic feasibility and benefit from the Riyada initiative launched by the Prime Minister and the National Lending Strategy launched by the Central Bank on 5/25/2024.
7- Cooperation in financing and ensuring the implementation of central plans to provide infrastructure to encourage and develop the private sector in industry, trade, agriculture, tourism, health, energy, construction, strengthening and services.
8- Activating the role of specialized banks and private banks to provide soft loans to the national private sector, as well as finding solutions to the problems of taxes and accumulated interest incurred by owners of projects that have stopped production, and setting a short- and medium-term financial policy.
9- Coordination and cooperation with the relevant ministries and financial and statistical institutions, especially the Ministries of Planning and Finance, in building a financial and statistical information base and ensuring its transparency. link
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Mot: Things Like This -Ya Just Can't Make up!!!!
Mot: Hah - They Say its Gunna Beeeee Hot!!!!
News, Rumors and Opinions Saturday AM 7-6-2024
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. 6 July 2024
Compiled Sat. 6 July 2024 12:01 am EST by Judy Byington
Trust The Plan:
US Debt and Economic Collapse: The US debt is projected to reach an unprecedented $35 trillion, with federal public debt surpassing 100% of the country’s annual economic output by 2025. This fiscal trajectory indicates the imminent bankruptcy of the US CORPORATION and the need for a new economic system.
US Treasury Notes and Wall Street: Wall Street is bracing for a flood of new US Treasury Notes, signaling the transition to a new financial system. This move is part of the broader strategy to collapse the old system and usher in a new era of economic transparency and fairness.
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. 6 July 2024
Compiled Sat. 6 July 2024 12:01 am EST by Judy Byington
Trust The Plan:
US Debt and Economic Collapse: The US debt is projected to reach an unprecedented $35 trillion, with federal public debt surpassing 100% of the country’s annual economic output by 2025. This fiscal trajectory indicates the imminent bankruptcy of the US CORPORATION and the need for a new economic system.
US Treasury Notes and Wall Street: Wall Street is bracing for a flood of new US Treasury Notes, signaling the transition to a new financial system. This move is part of the broader strategy to collapse the old system and usher in a new era of economic transparency and fairness.
The Economic upheaval will lead to a Global Currency Reset, GESARA/NESARA and debt forgiveness. The Alliance is pushing for global debt forgiveness through GESARA. This initiative aims to liberate nations from financial enslavement and promote economic equity.
A Black Swan Sky Event will disrupt normalcy and trigger a series of reactions including a collapse of the Petrodollar Stock Market Crash, Bank closures, affecting economies worldwide.
A Blackout is deemed necessary to control the fallout from the anticipated events including preventing runs on banks and a complete collapse of the Stock Market.
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Global Currency Reset:
Fri. 5 July 2024: Japan resets their currency – the Global Currency Reset start: https://x.com/RAGrubb2/status/1808929522189799656?t=4eSAQUdjfPCr0RUAVQEVhw&s=35
Fri. 5 July 2024: Wolverine: “They have started in Brazil and it’s not just Brazil. I’m hoping it’s also Hong Kong and Reno. It’s happening and won’t be announced. Keep an eye on your emails.” Thurs. 4 July 2024 Wolverine: “Since MarkZ let it out of the bag: Brazil starts payments on Friday 5 July 2024. Blessings. …There will be no announcement of the RV. The notifications for Tier4b to exchange will just come out without warning. Tier4b is defiantly going to exchange very soon. I received a call, but can’t say much because everything is confidential. Everyone is under NDAs. Private contractors are being paid. Bond Holders are starting. I’ve seen the signed contracts and certified documents for the reset. It’s defiantly happening.”
The Rodriguez Trust located in Tagalog Philippines has indicated that Nesara/Gesara is about to start. The gold is located in the Philippines too. …Sampalog1958 on Telegram Fri. 5 July 2024
Thurs. 4 July 2024 : No guarantees but the latest from the banker is the scuttlebutt from above him is certain bond groups will be notified over this weekend and should that occur the currency notices will go out next Tuesday or Wednesday 9, 10 July 2024, with appointment scheduling afterwards with exchanging beginning the week of the 15th of July.
Tues. 2 July 2024 Bruce: The word from a Redemption Center Head was that Tier4b (us, the Internet Group) were going to get notified on Fri. 5 July and receive appointments over the weekend. NESARA should be announced the 8th or the 9th.
Sun. 30 June 2024 Breakfast with Tiffany: USD funds for Trigger Files have been released and will be ready for disbursement next Mon. 8 July and prerequisites for launching USN Bills now being finalized and scheduled for disbursement on that July 8th.
GESARA is supposed to be announced July 8th as well, been further advised Trigger Bond payment Monday 1st and bond redemption payments Thursday 4th, public release of USN Bills and Currency Revaluation starting the 8th.
The Global Currency Reset release of funds across the World has been given, with funds coming directly from the US Treasury Department of Defense Operations.
The launch of the RV was slowed down due to many Hacker and Cyber Attacks.
There will be an Internet Blackout
The White Hat Military are in control of the redemption process.
Wells Fargo and HSBC are leading these operations across the Globe.
There are local institutions in countries around the World that are connected and ready for Global notifications with access to Treasury Departments in the different countries.
All banks have signed confidentiality agreements (NDA) so it is normal for everything to be silent.
Notifications have gone out to Tier 4a, a small group of Tier4b and some Bond Holders.
The RV is being negotiated on the Forex.
Sun. 30 June 2024 Mike Bara: The “Bond Holder” has been told he will be paid this week. I was told what day, but cannot share it. MarkZ reported that an announcement about lower denominations has been made in Iraq.
Sun. 30 June 2024: Look for something to happen around Mon. 8 July in regards to the NESARA announcement that will tie in with November 5th, allowing for the 120 days.
Read full post here: https://dinarchronicles.com/2024/07/06/restored-republic-via-a-gcr-update-as-of-july-6-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Al-Sudani told us what? The project to delete the zeros is on the table. He said $1 will equal 1.32 dinars...If you look at the math, that's dropping the 3-zeros.
Frank26 Question: "Do they have to pass the HCL before it RIs?" The HCL is already passed. The HCL has no need for anything. It sits there. Now, parliament is coming out and saying, we need to pass some laws in order for you to have the HCL and that might be.
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Imminent: Panic In The Bank System | Rafi Farber
Liberty and Finance: 7-5-2024
Rafi Farber says bank reserves may drop dramatically, putting the banking system in deeper crisis. The Federal Reserve may be able to prop the system up momentarily, but not forever.
"This is a finite system," he says. He discusses other factors that show "the endgame" may be close at hand, even within months.
INTERVIEW TIMELINE:
0:00 Intro
1:40 Bank reserves
12:45 Home sales
15:15 Yen & fiat currencies
19:38 Platinum
24:00 Last thoughts
7 Expenses That Will Drain Your Retirement Savings the Fastest
7 Expenses That Will Drain Your Retirement Savings the Fastest
Casey Bond Fri, July 5, 2024
You’ve spent a good portion of your life working and saving for retirement. Once you reach that milestone, you want to feel confident that your nest egg is big enough to cover your needs in your golden years.
As you retire, it’s important to anticipate some of the costs eating into your savings. Here are seven expenses that can drain your retirement savings — and how to plan for them.
7 Expenses That Will Drain Your Retirement Savings the Fastest
Casey Bond Fri, July 5, 2024
You’ve spent a good portion of your life working and saving for retirement. Once you reach that milestone, you want to feel confident that your nest egg is big enough to cover your needs in your golden years.
As you retire, it’s important to anticipate some of the costs eating into your savings. Here are seven expenses that can drain your retirement savings — and how to plan for them.
Healthcare
Even with Medicare, out-of-pocket healthcare expenses can be significant, according to Taylor Kovar, certified financial planner and CEO at The Money Couple and Kovar Wealth Management. “This includes prescriptions, surgeries, and long-term care costs,” said Kovar.
One estimate by HealthView Services Financial finds that a healthy 65-year-old couple who retired in 2021 will likely spend between $156,208 and $1 million on healthcare costs during retirement, depending on where and how long they live.
How To Plan: Kovar said it’s a good idea to have a health savings account (HSA) or a similar fund specifically for medical expenses. “Regularly reviewing your health insurance and considering supplemental insurance can also help mitigate these costs,” he added.
Homeownership
If you own a home, that can be another source of major expenses that eat into retirement funds. “As homes age, significant repairs like roof replacements or plumbing issues become more frequent,” Kovar said. From 2016 through 2020, Americans aged 65 and older spent an average of $16,880 per year on housing-related costs, according to the Bureau of Labor Statistics.
How To Plan: Kovar recommends setting aside a home maintenance fund and conducting regular home inspections to help anticipate and spread out these costs.
Inflation
Inflation can significantly impact your future savings, since you’ll need to take larger withdrawals to make up for the higher cost of living, according to Jeff Busch, partner and investment advisor representative at Lift Financial. “This can be particularly troublesome if your portfolio is made up of fixed income strategies that can’t keep up with inflation by increasing income over time,” said Busch.
How To Plan: To mitigate inflation, Busch said you may want to invest a portion of your portfolio in stocks that have historically provided better returns than bonds and cash. In general, he added, maintaining a diversified portfolio can be a big help in the long run.
Adult Children (and Their Children)
From student loans to cell phone bills, many retirees find themselves financially assisting their adult children or even their grandchildren. A study by Merrill Lynch found that in 2018, 79% of parents were providing financial support to their adult children, contributing a combined total of $500 billion annually.
How To Plan: Kovar said it’s essential to set boundaries and have open financial discussions with family to ensure this support doesn’t derail retirement plans.
To Read More:
https://www.yahoo.com/finance/news/7-expenses-most-likely-drain-170042871.html
More News, Rumors and Opinions Friday Afternoon 7-5-2024
KTFA:
Frank26: "THIS IS THE HCL FOR THE CITIZENS BECAUSE THEY STOLE THE MONEY FOR IT... TODAY THEY SAY THE OPPOSITE IN ORDER TO SURVIVE IN IRAQ!!!"............F26
Parliamentary Committee to Al-Eqtisad News: The Oil and Gas Law is Almost Complete, and This is What We Hope for from Barzani’s Visit to Baghdad
7/4/2024 Baghdad
Member of the Parliamentary Oil and Gas Committee, Zainab Al-Moussawi, revealed today, Thursday, the latest developments in the Oil and Gas Law, while pointing to the impact of Masoud Barzani’s visit to Baghdad on the approval of the law.
Al-Moussawi said in an interview with Al-Eqtisad News: “So far, the draft oil and gas law is almost complete, with a high percentage that may reach 90%, but there are some objections from the Kurds regarding some points, which are summarized in handing over oil imports and exploited and unexploited natural resources to Baghdad, as Erbil refuses to do so.”
KTFA:
Frank26: "THIS IS THE HCL FOR THE CITIZENS BECAUSE THEY STOLE THE MONEY FOR IT... TODAY THEY SAY THE OPPOSITE IN ORDER TO SURVIVE IN IRAQ!!!"............F26
Parliamentary Committee to Al-Eqtisad News: The Oil and Gas Law is Almost Complete, and This is What We Hope for from Barzani’s Visit to Baghdad
7/4/2024 Baghdad
Member of the Parliamentary Oil and Gas Committee, Zainab Al-Moussawi, revealed today, Thursday, the latest developments in the Oil and Gas Law, while pointing to the impact of Masoud Barzani’s visit to Baghdad on the approval of the law.
Al-Moussawi said in an interview with Al-Eqtisad News: “So far, the draft oil and gas law is almost complete, with a high percentage that may reach 90%, but there are some objections from the Kurds regarding some points, which are summarized in handing over oil imports and exploited and unexploited natural resources to Baghdad, as Erbil refuses to do so.”
She added: "We hope that Masoud Barzani's visit will be the beginning of resolving the crisis of the law and its legislation after an agreement with the political foundations in Baghdad, which is the Coordination Framework, as all political blocs are moving towards legislating the oil and gas law that regulates the country's natural resources."
The member of the Parliamentary Oil Committee explained that "the Oil and Gas Law contributes to exploiting the largest possible amount of undiscovered oil fields and also contributes to achieving self-sufficiency in petroleum derivatives and optimal exploitation of wasted natural resources estimated at hundreds of billions of dollars that contribute to diversifying the state's financial resources." LINK
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Frank26: "THE MONETARY REFORM 'BONDS' THE VALUE OF THE MONETARY REFORM....F26
Securities Commission: The government has successfully completed the sale of financial bonds
7/3/2024 Baghdad
The Securities Commission confirmed on Wednesday that the government had successfully completed the sale of financial bonds, while indicating that many foreign investors had purchased those bonds.
The head of the authority, Faisal Al-Haimus, said: “The government has successfully completed the sale of financial bonds,” indicating that “all financial bonds that were sold were subscribed to, and this reflects the strength and stability of the State of Iraq.”
He pointed out that "there are many foreign investors who bought financial bonds, and this reflects the stability of the Iraqi state."
Government bonds are a type of debt-based investment where you lend money to a government in exchange for an agreed-upon interest rate. Governments use them to raise money that can be spent on infrastructure or new projects, and investors can use them to earn set returns that are paid at regular intervals. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said something strange and interesting. Don't be surprised when this does come out it will come out pretty close to the cap or just maybe a fixed rate...It is possible they come out just right away at $3.22 because remember this is the reinstatement of our currency. FRANK: Boom! Boom! FIREFLY: They have so much riding on this with investment and any setback in the market could lead to a disaster of our monetary reform. Let's just say it comes out at $3.22 and it starts to move in the float or it could be fixed rate for a special period of time...
Mnt Goat I want to quote from the financial advisor to the Prime Minister, Mazhar Muhammad Saleh from one of the articles – “The fixed exchange rate system in Iraq is based on the highest international reserves in the history of Iraq and its monetary policy, as foreign currency covers more than 100% of the total currency currently issued.” So, this is telling us that the foreign reserves can back the dinar now in circulation by 100%... This is amazing. What wealth. But the dinar is still at 1/6 of a penny?
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Iraq's New Dollar Distribution for Travelers
Nader: 7-5-2024
The CBI has created a new and safer way for travelers to exchange currencies at airports to avoid issues like, scams and fraudulent exchanges.
Are You Ready for an IQD Revalue?
Edu Matrix: 7-5-2024
Are you even ready for an Iraqi Dinar or Any Currency Revalue? It takes more than exchanging your banknotes to prepare for increased income. Here's what you need to know if you have never been wealthy before.
World Turns its Back on the Collective West - News from the 24th SCO Summit
World Turns its Back on the Collective West - News from the 24th SCO Summit
Think BRICS: 7-5-2024
Discover how the world is shifting towards a multipolar world order, prioritizing regional cooperation and economic integration.
The Shanghai Cooperation Organization (SCO) emerges as a key Eurasian alliance driving this transformation. In this discussion with Clive Ettia and Anastasia of Think BRICS and Rhod Mackenzie of @SCOBRICSInsight we delve into the SCO's significant impact on regional stability and global geopolitical dynamics, focusing on its member states: Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Pakistan, India, Iran, and the new Belarus.
We explore the economic resilience fostered by the SCO amidst global challenges like fuel shortages and sanctions on Russia, and how alternative trade systems and financial innovations are being developed to counter Western economic pressures.
World Turns its Back on the Collective West - News from the 24th SCO Summit
Think BRICS: 7-5-2024
Discover how the world is shifting towards a multipolar world order, prioritizing regional cooperation and economic integration.
The Shanghai Cooperation Organization (SCO) emerges as a key Eurasian alliance driving this transformation. In this discussion with Clive Ettia and Anastasia of Think BRICS and Rhod Mackenzie of @SCOBRICSInsight we delve into the SCO's significant impact on regional stability and global geopolitical dynamics, focusing on its member states: Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Pakistan, India, Iran, and the new Belarus.
We explore the economic resilience fostered by the SCO amidst global challenges like fuel shortages and sanctions on Russia, and how alternative trade systems and financial innovations are being developed to counter Western economic pressures.
At the recent summit in Astana, Kazakhstan, Russian President Vladimir Putin underscored the SCO's role in shaping a more equitable international system.
We examine the complex relationship between Russia and Kazakhstan, highlighting their strategic maneuvering within the SCO. Additionally, we discuss India's pioneering efforts to create an alternative to the SWIFT financial messaging system, promoting rupee trade settlements and enhancing economic sovereignty.
Join us as we analyze the SCO's proactive stance in global affairs, emphasizing its pivotal role in fostering regional cooperation and economic integration.
This video provides a comprehensive understanding of how the SCO is positioned as a cornerstone of stability and development in Eurasia and beyond.
While this video offers an in-depth analysis of the Shanghai Cooperation Organization's (SCO) influence on regional cooperation, economic integration, and geopolitical tensions, it does not cover detailed individual profiles of the SCO member states or their internal political dynamics.
The focus is primarily on the collective actions and strategies of the SCO rather than specific national policies.
Additionally, this video does not delve into the historical formation of the SCO or its early years of development. For those interested in the origins and initial challenges of the SCO, further research and separate sources will be necessary.
By concentrating on the current and forward-looking aspects of the SCO's role in the multipolar world order, we aim to provide viewers with a clear and concise overview of its contemporary relevance and future potential.
News, Rumors and Opinions Friday 7-5-2024
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. 5 July 2024
Compiled Fri. 5 July 2024 12:01 am EST by Judy Byington
Global Currency Reset: (Rumors/Opinions)
Thurs. 4 July 2024 Wolverine: “Since MarkZ let it out of the bag: Brazil starts payments on Friday 5 July 2024. Blessings. …There will be no announcement of the RV. The notifications for Tier4b to exchange will just come out without warning. Tier4b is defiantly going to exchange very soon. I received a call, but can’t say much because everything is confidential. Everyone is under NDAs. Private contractors are being paid. Bond Holders are starting. I’ve seen the signed contracts and certified documents for the reset. It’s defiantly happening.”
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. 5 July 2024
Compiled Fri. 5 July 2024 12:01 am EST by Judy Byington
Global Currency Reset: (Rumors/Opinions)
Thurs. 4 July 2024 Wolverine: “Since MarkZ let it out of the bag: Brazil starts payments on Friday 5 July 2024. Blessings. …There will be no announcement of the RV. The notifications for Tier4b to exchange will just come out without warning. Tier4b is defiantly going to exchange very soon. I received a call, but can’t say much because everything is confidential. Everyone is under NDAs. Private contractors are being paid. Bond Holders are starting. I’ve seen the signed contracts and certified documents for the reset. It’s defiantly happening.”
Thurs. 4 July 2024 Banker: No guarantees but the latest from the banker is the scuttlebutt from above him is certain bond groups will be notified over this weekend and should that occur the currency notices will go out next Tuesday or Wednesday 9, 10 July 2024, with appointment scheduling afterwards with exchanging beginning the week of the 15th of July.
Tues. 2 July 2024 Bruce: The word from a Redemption Center Head was that Tier4b (us, the Internet Group) were going to get notified on Fri. 5 July and receive appointments over the weekend. NESARA should be announced the 8th or the 9th.
~~~~~~~~~~
Sun. 30 June 2024 Breakfast with Tiffany: USD funds for Trigger Files have been released and will be ready for disbursement next Mon. 8 July and prerequisites for launching USN Bills now being finalized and scheduled for disbursement on that July 8th.
GESARA is supposed to be announced July 8th as well, been further advised Trigger Bond payment Monday 1st and bond redemption payments Thursday 4th, public release of USN Bills and Currency Revaluation starting the 8th.
The Global Currency Reset release of funds across the World has been given, with funds coming directly from the US Treasury Department of Defense Operations.
The launch of the RV was slowed down due to many Hacker and Cyber Attacks.
There will be an Internet Blackout
The White Hat Military are in control of the redemption process.
Wells Fargo and HSBC are leading these operations across the Globe.
There are local institutions in countries around the World that are connected and ready for Global notifications with access to Treasury Departments in the different countries.
All banks have signed confidentiality agreements (NDA) so it is normal for everything to be silent.
Notifications have gone out to Tier 4a, a small group of Tier4b and some Bond Holders.
The RV is being negotiated on the Forex.
~~~~~~~~~~
Sun. 30 June 2024 Mike Bara: The “Bond Holder” has been told he will be paid this week. I was told what day, but cannot share it. MarkZ reported that an announcement about lower denominations has been made in Iraq.
Sun. 30 June 2024: Look for something to happen around Mon. 8 July in regards to the NESARA announcement that will tie in with November 5th, allowing for the 120 days.
Wed. 3 July 2024: Golden Redemption: The Birth of USN US Note Backed by QFS Gold-Backed Digital Currency – American Media Group (amg-news.com)
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Global Financial Crisis:
Thurs. 4 July 2024 The Financial Tsunami is HERE: Crypto Predictions, Next Black Swan, XRP, QFS, GCR, US Treasury Note and Crypto Currency Regulations.
Wed. 3 July 2024: Viral Video: Nationwide Bank in UK REFUSING Withdrawals by Depositors! A Wake-Up Call for the UK! – American Media Group (amg-news.com)
Wed. 3 July 2024: BQQQM!!!! New QFS NESARA/GESARA Election Voting System Redesigned for All – Dave XRP Lion – American Media Group (amg-news.com)
Thurs. 4 July 2024 Canada: A recent measure dictates that individuals who gain capital taxes exceeding C$250,000 ($180,804) will face a tax rate of 66.7%, a notable increase from the current 50%. Moreover, companies and trusts will also see their capital gains taxed at the same elevated rate of 66.7%. This adjustment aims to ensure a fairer distribution of tax burdens and aligns with efforts to address income inequality and bolster public revenues.
Thurs. 4 July 2024 Zimbabwe introduces plan to jail individuals caught using the US Dollar and other foreign currency for up to 10 years.
Read full post here: https://dinarchronicles.com/2024/07/05/restored-republic-via-a-gcr-update-as-of-july-5-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man The Oil and Gas [Law] and the presidency of the House of Representatives, I think those are going to be coming, tie to tie, hand in hand because...if they need to value...assets, they're going to need a real effective exchange rate...
Frank26 Question "Does the budget have to be in The Gazette before we see a change in the rate?" No. They can make the change and then it can pop up in the Gazette. The Gazette is not something that is a mandatory in order for it to be revealed. The budget is a mandatory in order for it to be revealed.
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US Economy on the verge of Collapse: Japan Final Nail in the Coffin of US Dollar
Fastepo: 7-5-2024
Japan has been significantly cutting back on its U.S. Treasury holdings, marking a notable change in its investment approach. By May 2024, Japan's holdings had fallen to $1.212 trillion, the lowest level since January 2020, representing an 18.5% year-over-year decline.
Several factors contribute to this reduction. First, the increasing yields on Japanese government bonds have made domestic investments more appealing to Japanese investors.
Additionally, the Federal Reserve's recent rate hikes have raised hedging costs for foreign investors, thereby diminishing the attractiveness of U.S. Treasuries.
This strategic shift underscores Japan's evolving focus on more favorable investment opportunities within its own market.
More News, Rumors and Opinions Thursday PM 7-4-2024
KTFA:
Clare: The Prime Minister directs the suspension of official work next Sunday on the occasion of the Islamic New Year
7/4/2024
Prime Minister Mohammed Shia Al-Sudani directed to suspend official work next Sunday, on the occasion of the Islamic New Year. LINK
KTFA:
Clare: The Prime Minister directs the suspension of official work next Sunday on the occasion of the Islamic New Year
7/4/2024
Prime Minister Mohammed Shia Al-Sudani directed to suspend official work next Sunday, on the occasion of the Islamic New Year. LINK
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Clare: Integrity Commission to Nina: We have achieved advanced steps in the file of recovering funds
7/4/2024
The Federal Integrity Commission confirmed that it has achieved advanced steps in the file of recovering Iraqi funds smuggled from abroad.
The Director of the Department of Relations with Non-Governmental Organizations, Moataz Al-Abbasi, said in a statement to the National Iraqi News Agency / NINA /: "The file of recovering funds is still active and developing rapidly, and there is international cooperation as we have taken extensive steps that recently led to the recovery of one of the wanted persons from abroad and taking legal measures against him."
He added, "The Integrity Commission is concerned with developing an anti-corruption strategy, as we have completed a national strategy for the years 2021-2024, and we are currently working on developing a new strategy for the coming years 2025-2030."
He explained: "The strategies depend on international cooperation, the development of global expertise, and the exchange of data and other strategies, so the Integrity Commission has been keen to exchange experiences and meetings with the parties concerned with developing strategies, and this helps us develop a good national strategy that is measurable and produces clear results." LINK
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Clare: Parliamentary Committee to Al-Eqtisad News: The Oil and Gas Law is Almost Complete, and This is What We Hope for from Barzani’s Visit to Baghdad
7/4/2024 Baghdad
Member of the Parliamentary Oil and Gas Committee, Zainab Al-Moussawi, revealed today, Thursday, the latest developments in the Oil and Gas Law, while pointing to the impact of Masoud Barzani’s visit to Baghdad on the approval of the law.
Al-Moussawi said in an interview with Al-Eqtisad News: “So far, the draft oil and gas law is almost complete, with a high percentage that may reach 90%, but there are some objections from the Kurds regarding some points, which are summarized in handing over oil imports and exploited and unexploited natural resources to Baghdad, as Erbil refuses to do so.”
She added: "We hope that Masoud Barzani's visit will be the beginning of resolving the crisis of the law and its legislation after an agreement with the political foundations in Baghdad, which is the Coordination Framework, as all political blocs are moving towards legislating the oil and gas law that regulates the country's natural resources."
The member of the Parliamentary Oil Committee explained that "the Oil and Gas Law contributes to exploiting the largest possible amount of undiscovered oil fields and also contributes to achieving self-sufficiency in petroleum derivatives and optimal exploitation of wasted natural resources estimated at hundreds of billions of dollars that contribute to diversifying the state's financial resources." LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Once you see the HCL, when will you see the new exchange rate? **snap** [That fast].
Militia Man The Oil and Gas [Law] and the presidency of the House of Representatives, I think those are going to be coming, tie to tie, hand in hand because...if they need to value...assets, they're going to need a real effective exchange rate...
Wolverine There will be no announcement of the RV. The notifications...to exchange will just come out without warning...very soon...Private contractors are being paid...I’ve seen the signed contracts and certified documents for the reset. It’s...happening.
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BREAKING NEWS Iraq's Successful Bond Sale Completed
Edu Matrix: 7-4-2024
Iraq sold government bonds to local and foreign investors. The sale was successful.
Even THE BANKS Say This Is GARBAGE!
Lynette Zang: 7-4-2024
Today we are talking about these banking "stress tests" and how they are apparently showing us that the banks can handle a market collapse...
Seeds of Wisdom RV and Economics Updates Thursday Evening 7-4-24
Good Evening Dinar Recaps,
WHAT IS A TIER ONE BANK? "Banking regulations known as the Basel Accords require banks to have different types of capital on hand. These liquid and cash assets balance out the risk-weighted assets that banks hold. This increases banks' stability, which increases the stability of the overall financial system. " "Tier 1 capital is the primary funding source of the bank. Typically, it holds nearly all of the bank's accumulated funds. These funds are generated specifically to support banks when losses are absorbed so that regular business functions do not have to be shut down. Under Basel III, the minimum tier 1 capital ratio is 10.5%."
Good Evening Dinar Recaps,
WHAT IS A TIER ONE BANK?
"Banking regulations known as the Basel Accords require banks to have different types of capital on hand. These liquid and cash assets balance out the risk-weighted assets that banks hold. This increases banks' stability, which increases the stability of the overall financial system. "
"Tier 1 capital is the primary funding source of the bank. Typically, it holds nearly all of the bank's accumulated funds. These funds are generated specifically to support banks when losses are absorbed so that regular business functions do not have to be shut down. Under Basel III, the minimum tier 1 capital ratio is 10.5%."
"What Do the Basel Accords Do?"
"The Basel Accords are international banking regulations that ensure banks have enough capital on hand both to meet their obligations and absorb any unexpected losses. They are set by the Basel Committee on Bank Supervision (BCBS)."
© Newshounds News™
Read more: Investopedia
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Crypto Industry Is About to Boom, Is Outperforming the Internet: Architect Partners
The digital asset industry added more than $750 billion in value in the first half of the year, the report said.
—The cryptocurrency industry is starting a major growth phase, the report said.
—Architect Partners said the industry added more than $750 billion in value in the first half of the year.
—Crypto, the stepchild of the internet, is outperforming its predecessor at the same part of their respective life cycles, the advisory firm said.
The digital asset industry is beginning a major growth phase and is in a far better place than it was two years ago, investment bank Architect Partners said in a quarterly report published last week.
© Newshounds News™
Read More: Coin Desk
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"ISO 20022 is an ISO standard for electronic data interchange between financial institutions."
"Over the next four years, ISO will revolutionize the banking sector by improving efficiency, data quality and the ability for organizations to establish enhanced controls."
"Over 70 countries have already adopted ISO 20022 in their payment systems including Switzerland, China, India and Japan. SWIFT, which begins its own migration journey to ISO 20022 in November 2022, estimates 80% of global, high-value payments by volume will be processed through the standard by 2025."
© Newshounds News™
Read more: The Global Treasurer, Wikipedia
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BRICS and XRP
"In its foundational documents, including summit declarations and joint communiqués, BRICS emphasizes key principles like respect for sovereignty, non-interference in the internal affairs of member states, and a commitment to a multipolar world. These documents typically revolve around topics such as trade, investment, technology, and sustainable development."
BRICS and XRPL: A Surprising Convergence
"Surprisingly, within the realm of these documents, a unique convergence with blockchain technology, particularly Ripple’s XRPL, becomes apparent. The mention of XRPL within BRICS documents reflects an acknowledgment of the potential of blockchain technology to reshape the global financial landscape. This recognition indicates that the member nations of BRICS perceive blockchain as a strategic enabler for enhancing financial systems, fostering transparency, and promoting efficient cross-border transactions."
"Ripple’s XRP Ledger (XRPL) stands out in the blockchain space due to its focus on facilitating real-time, cross-border transactions with minimal fees. Unlike traditional financial systems, which can be slow, costly, and subject to intermediaries, XRPL’s decentralized nature allows for seamless peer-to-peer transactions, enabling faster remittances and lower fees. So, the integration of XRPL technology could potentially streamline trade and investment between BRICS member states, promoting economic growth and collaboration."
© Newshounds News™
Read more: All Coin Buzz
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Vietnam's Digital Payments Landscape: A Look at the Emerging Trends
Vietnam's digital payment ecosystem is undergoing a remarkable transformation, driven by a tech-savvy population, government initiatives, and innovative financial solutions. Over the past decade, the country has seen a surge in digital payment adoption, making cashless transactions a way of life for millions of Vietnamese people.
Vietnam's digital payment revolution is marked by a shift away from cash transactions toward convenient, secure, and efficient digital payment methods. E-wallets, QR code payments, contactless cards, and innovative fintech solutions have played a pivotal role in reshaping the country's payments landscape.
Read more: FinExtra
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Japan Is on a Web 3.0 Hot Streak, and the World Should Take Notes
From its cultural heritage to cutting-edge technological advancements, Japan is where ancient customs and modern marvels converge.
The unique blend of tradition and innovation reflects Japan’s strategic positioning within crypto.
Putting regulatory clarity into practice
Despite crypto’s evolution from a speculative investment to an asset class contributing to a balanced portfolio, governments worldwide remain conflicted about how to regulate it.
While it’s not atypical for regulatory bodies to disagree on how to oversee financial instruments, the approach to crypto assets continues to be divisive.
India, for example, has no centralized authority handling crypto regulations and offers no guidelines for settling disputes when dealing with digital assets, leaving investors to trade at their own risk.
The absence of regulations allows unmonitored practices to flourish – and without appropriate safeguards, criminals can and do benefit from the lack of oversight, leaving law-abiding citizens to suffer.
Without laws, there are no legal ramifications, and crypto has magnified this issue before when people or organizations have gotten away with crimes due to legal shortcomings.
{{This is why putting the Regulations into place is so important.}}
Read more: DailyHodl
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CRYPTOCURRENCY EXPLAINED WITH PROS AND CONS FOR INVESTMENT
Learn what you need to know before you invest in a virtual currency | Investopedia
☝An excellent article if you are new to crypto
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