"Tidbits From TNT” Tuesday 8-27-2024

TNT:

Tishwash:  Sudanese meets Sisi

Prime Minister Mohammed Shia Al-Sudani arrived at the Alamein Presidential Palace in Egypt.

He was received by the President of the Arab Republic of Egypt, Abdel Fattah El-Sisi, and they will discuss "the overall bilateral relations between the two countries, and the latest international developments in the region. He will also hold extensive discussions with his Egyptian counterpart on enhancing joint cooperation in various fields and sectors."

Al-Sudani arrived in Egypt this morning, accompanied by a ministerial delegation.  link

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Al-Sudani begins official visit to Egypt and Tunisia

Prime Minister Mohammed Shia Al-Sudani began an official visit to the Arab Republic of Egypt and the Republic of Tunisia on Tuesday morning.

This came in a brief statement issued by Al-Sudani's media office without going into further details. link

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Tishwash: Revealing the main currency used in Iran's trade with Iraq

 Shaaban Forotan, a member of the board of directors of the Iranian-Iraqi Joint Chamber of Commerce, revealed today, Tuesday, that the largest part of trade between Iraq and Iran, in terms of traders and exporters, is carried out through the Iranian riyal.

"Most Iranian exporters now work in riyals in trade with Iraq, and financial transactions between the two countries will continue without using the Iranian riyal, i.e. also in dollars. This does not mean the complete elimination of the dollar, but a large portion of traders conduct their transactions without the dollar," Forotan said in statements to Iranian media.

He explained that "the commitment to trade in dollars does not include all product groups, but the exchange of riyals into dollars cannot be implemented due to the sanctions imposed on banks, and riyal traders earn from selling goods in the Iraqi market through their contacts with the stock exchanges of Iraq and Iran or a third country such as the United Arab Emirates, and they do not have the possibility of direct settlement."

He pointed out that "the supply of Iranian goods faced a problem in the Iraqi market, which is the multiple increase in the prices of goods in Iran during the year, while it is expected that prices will increase only once a year   link

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Tishwash:  Economist: Iraq Stock Exchange suffers from lack of liquidity

Economic expert, Saif Al-Halfi, confirmed that the Iraqi Stock Exchange is currently suffering from a lack of liquidity, due to the weak confidence of foreign investors in the Iraqi market.

Al-Halfi told Al-Eqtisad News that the Iraqi stock market suffers from a lack of liquidity, as trading rates are still relatively low compared to other markets in the region, noting that the daily trading volume may reach 3 billion dinars per day in the best case.

He stressed that the market value of the companies listed on the market exceeds 12 trillion dinars.

Most listed companies are seeing their shares decline as a result of lower demand and the exit of a number of foreign investors from the market.

Al-Halfi pointed out that foreign investors' confidence in the Iraqi market is still low due to unstable political and economic factors, as well as the lack of legal and procedural facilities for opening accounts for foreign investors, in addition to the weakness of the infrastructure in electronic trading.

  He pointed out that the lack of technology and modern financial infrastructure, including digital banking services and advanced electronic trading platforms, affects the efficiency of the market and its ability to attract investors, and that the development of the banking system will be positively and directly reflected in the development of the performance of market indicators.

Al-Halfi stressed the government's role in promoting the stock market through economic reforms, supporting small and medium enterprises, and encouraging foreign investments.

Al-Halfi concluded his speech by saying that the Iraqi stock market reflects a complex reality that can be described as a mixture of pain and sadness as a result of the great challenges it faces, with some opportunities for joy and profits if the economic and political conditions improve  link

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Al-Mandlawi: Iraq focuses on the economic and investment aspect through concluding bilateral international agreements

Acting Speaker of the Council of Representatives, Mr. Mohsen Al-Mandalawi, confirmed today, Monday, that Iraq is focusing on the economic and investment aspect by concluding bilateral international agreements.

Al-Mandlawi's office said in a statement received by the Iraqi News Agency (INA), "Acting Speaker of Parliament Mohsen Al-Mandlawi met, at his residence today, Monday, with the US Deputy Ambassador to Iraq, and the Director of the Political Section at the Embassy, ​​Michelle Siders, and the accompanying delegation, to discuss a number of files of mutual interest, and to discuss the latest developments in the region."

He added that "during the meeting, the future of joint relations was discussed, and ways to develop them to serve the interests of the two friendly peoples, and the emphasis was placed on Iraq's keenness to establish balanced relations with its regional and international surroundings based on cooperation and mutual respect, and contributing to the country's growth and progress and achieving the people's hopes and aspirations."

Al-Mandlawi pointed out that "Iraq is currently looking forward, after the security situation has stabilized and ISIS gangs have been eliminated, to focusing on the economic and investment aspect through solid bilateral agreements and understandings capable of achieving comprehensive economic development in the country   link

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Mot: things that make you go hmmmm 

Mot: Beeeeee Aware! - Just in Case!!!! 

News, Rumors and Opinions Tuesday AM 8-27-2024

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

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

Compiled Mon. 26 Aug. 2024 12:01 am EST by Judy Byington

Possible Timing: (Rumors/Opinions)

Get ready as we are reaching the End Game, Charlie Ward on Telegram Sun. 25 Aug. 2024

Three big happenings planned a long time ago:

QFS Activated, Central Bank and Fiat Currency destroyed.
We have the gold.
Gold is destroying the Fed.
P***n destroys the Petro Dollar.
Stock Market Crash imminent.

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Sun. 1 Sept. The C***l’s Great Comeback: Crypto-currency transactions to be partially legalized starting September 1. However, realize that the QFS is not a Crypto-currency. After the revaluation, the currency of all nations will become obsolete, collateralizing assets and ensuring a stable value.

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Global Currency Reset: (Opinions/Rumors)

Sun 25 2024 Wolverine: The Whales are receiving their appts and going to Colombia and to Reno! Tier4A funds are released. It is taking longer than expected… it is a process. All is coming through. Today or tomorrow, we will have good news for Tier4B and then the opera will be released. 

I was hoping to be under NDA today, but it is slow, but I will get that call coming through! This is about helping humanity and our families. We want to help all we can. Whatever is possible. Private contractors are now getting paid as well.  The amount of money these people are receiving fathoms the mind. Sadly, one of my huge whales in Mexico who waited a long time for this RV, has d**d in poverty, he had no money, and hopefully his assets can be passed on to his family.

Most of the whales have no money…many sold all they had to get their bonds or have lost their businesses due to world events.  I know a huge whale in Germany who lost his business and is struggling, but he has huge amounts of boxes. Not all whales are rich.

 Fortunately, my whale is well off, and I am lucky. In summary, the RV has started for bondholders and Tier4B is waiting for today or tomorrow, and today there is still time to get notifications for Tier4B. You are also seeing people getting debits released for Nesara and Gesara. Hopefully we will get good news! I think we all would like to have our debts paid off! Yellow Dragon bonds are available till our whale gets his notifications.  Send me a message if you are interested. Things are happening. Hold on. I am very sure we will get through this during this week.  Take care, Wolverine

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Global Wealth Distribution (GWD) based on trade and sovereignty means that every QFS account worldwide will be solely owned by the account holder, not a bank or government.

Sun. 25 Aug. 2024 BRICS Launching New Stablecoin Pegged by Chinese Gold-backed Yuan: https://dinarrecaps.com/our-blog/brics-launching-new-stablecoin-pegged-by-chinese-yuan-amp-gold-backed-currency 

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Global Financial Crisis:

The Purpose of QFS, Mr. Pool on Telegram:

The purpose of the QFS is to end c********n, u***y and m**********n within the banking system. “Banks” will no longer need to make huge profits from money transfer transactions.

The QFS will be completely independent of any existing “centralized” system and all other transport systems will be obsolete.

QFS is not a cryptocurrency. After REVAL (revaluation), the currency of all nations will become obsolete, collateralizing assets and ensuring a stable value (this process is simply a bank of information in the computer’s memory).

Read full post here:  https://dinarchronicles.com/2024/08/26/restored-republic-via-a-gcr-update-as-of-august-26-2024/

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

Militia Man  Article: "Iraq is the 9th largest buyer of gold in 2024"  They had 132 tons in 2023.  In 2024 they're telling you they just bought 100 tons of gold this year.  Where did they get all the money for that?  ...All of a sudden they have enough money to buy at...$2,500 an ounce? 100 tons?  You gotta go, what!?!  What does it do?  ...What it does is it supports the value of their future real effective exchange rate...

Frank26  The new lower notes and the new exchange rate will revolutionize the whole Middle East, let alone the whole world...The monetary reform is the lynchpin.  It's the trigger.  It's the button that will be pushed to change financial structures around the world...We investors of the dinar have a backup for a backup in order to survive this global financial change... 

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Iraq Millions of Visitors Rates & News IQD PKR and ZiG Currency Way Up

Edu Matrix:  8-27-2024

Iraq - Millions of Visitors Rates & News IQD PKR and ZiG Currency Way Up PKR New Currency, Zimbabwe Currency Growth.

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

BRICS Pay System: Final Development Stage of Blockchain Technology Reached Ahead of the 2024 Summit

Lena Petrova:  8-26-2024

https://www.youtube.com/watch?v=tI3ONK6dc5A

The “Good Ship Transitory” Sank - The Captain Is Joking About It

The “Good Ship Transitory” Sank - The Captain Is Joking About It

Schiff Sovereign - August 26, 2024  By Peter Schiff

It almost sounded like an apology. Almost.

On Friday, Federal Reserve Chairman Jerome Powell stood in front of reporters and explained how we got here... and how inflation took hold.

To be fair, he rightly diagnosed the root causes: extreme government spending and money printing during the pandemic. And then, when the economy reopened after the lockdowns, there was a sudden surge in inflation.

The Fed and its army of experts assumed this inflation would be a temporary phenomenon—what they called “transitory.” They said that, due to the pandemic lockdowns being lifted, prices would rise suddenly, then fall back down.

This turned out to be one of the worst calls in the history of central banking. As we now know, inflation wasn’t transitory. Prices rose and continued to rise higher and higher, and they haven’t come back down.

To his credit, the chairman acknowledged this mistake on Friday.

But he was in quite a jovial mood about it, even joking with reporters about how in late 2021 they all set sail on, “The good ship transitory,” essentially making light of their enormous error that turned a lot of people’s lives upside down.

His joke got a lot of laughs from the room, and it’s nice to see there can be so much levity about a mistake that has cost Americans so dearly.

Adding to the sting is that this press briefing took place at the Federal Reserve’s annual retreat in Jackson Hole, Wyoming—one of the most exclusive and expensive resort towns in the world. And there he was, in fancy Jackson Hole, cracking jokes about blowing the inflation call—a mistake that has wreaked havoc on so many people’s lives.

To be honest it was a bit offensive... sort of like how many generals during World War I drank champagne as their men were being starved and slaughtered on the battlefield.

But again, it was at least an acknowledgment that they got it wrong. And this shouldn’t be an earth-shattering revelation. The Fed is not some all-knowing, all-powerful institution; it’s comprised of flawed human beings. Everyone makes mistakes— you, me, and the Fed Chairman too.

(Although ideally Fed officials would make fewer, smaller mistakes than the rest of us...)

Part of the reason the Fed was wrong is because they claim their decisions are data-driven. But the data they rely on is itself deeply flawed; just look at the most recent revision from the Labor Department, which is a major data source the Fed looks at when crafting policy decisions.

The Labor Department said last week that they were revising down the number of jobs created in 2023 by over 800,000. That’s a huge miss, and it proves that the data the Fed relies on to make decisions is also fundamentally flawed.

So basically our monetary system is run by flawed human beings who make far-reaching, life-altering decisions based on flawed data. What could possibly go wrong?

Quite a lot, obviously. And that’s why it’s worth briefly examining where else the Fed could get it wrong. And we see two clear items on the horizon:

One is the presidential election. A couple of weeks ago, the Fed chairman almost bragged about how the outcome of the Presidential and Congressional elections are irrelevant to them and do not factor into their economic forecasts at all.

This is completely absurd.

On the one hand, you have Kamala Harris, who wants to impose price controls, pass tax hikes, enforce arduous business regulations, push energy prices higher, and more.

On the other hand, Trump wants to reduce the independence of the Fed.

You couldn’t have more diametrically opposed policy outcomes. Yet the Fed is willfully ignoring the massive consequences of what could transpire in November. They’re not thinking about it or planning for it. And that is insane.

The second issue is the national debt. The Fed isn’t sounding the alarm bells. And in the past, it has actually supported the government spending even more money.

And it’s not like “the data” is suddenly absent here. The Congressional Budget Office (CBO) has estimated an additional $22 trillion in new debt over the next decade. And generally, the CBO is conservative— meaning the debt will likely grow even quicker than that.

Who’s going to lend that money to the Treasury Department?

The Fed should know they will play a major role in funding government debt and deficits— triggering a massive money printing operation with major impacts. Yet they don’t say a word about it. They don’t seem to be thinking about it.

We’ve been clear about our assessment of this situation: $22 trillion in new debt will almost certainly be highly inflationary. And a Kamala Harris presidency is extremely likely to knock the US dollar off its throne as the world’s dominant reserve currency.

There’s a very narrow path to avoid that outcome, but it’s looking more and more likely every day.

You’d think the Fed would be planning for it. But they don’t say a word about it, and insist these factors don’t matter to them at all.

To us, this is why it makes so much sense to own real assets—scarce critical resources such as food, energy, key minerals, and productive technology.

If the Fed proves unable to tame inflation, critical commodities like these will grow in value.

And if by some miracle we avoid major inflation, there’s little downside to owning profitable businesses which produce some of the most vital resources on the planet.

Peter Schiff  Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/peter-schiff-the-good-ship-transitory-sank-the-captain-is-joking-about-it-151335/

Seeds of Wisdom RV and Economic Updates Monday Evening 8-26-24

Good Evening Dinar Recaps,

New Study Reveals How IOTA Technology Can Boost Security for Smart Homes and Protect IoT Devices from Cyberattacks

▪️ Ripple has minted the first 185 tokens of its RLUSD stablecoin onA new study by the University of Mosul details how IOTA improves security for smart homes to protect Internet of Things (IoT) devices from cyberattacks.

▪️ Ripple has minted the first 185 tokens of its RLUSD stablecoin onThe study proposes a new lightweight authentication model based on IOTA’s Tangle for an IoT-based smart house monitoring system.

We’re living in the era of the Internet of Things, with over 17 billion IoT devices today, a number that’s expected to double by the end of the decade. As the devices surge, so does the danger lurking from cyber criminals, and according to a new study, IOTA offers the best security for this sector.

Today, IOTA caters to several industries, from supply chain management to tokenization, as founder Dominik Scheiner told CNF in an interview earlier this year. 

However, at its founding, the network mainly targeted the machine-to-machine economy enabled by the Internet of Things. And despite diversifying, it remains the best network for IoT.

IOTA’s superiority was backed by a recent report by two researchers from the computer science department at the University of Mosul in Iraq. The two, Sameera Abbas Fadhel and Dr. Ahmed S. Nori, acknowledged that while blockchain offers superb data integrity and security, its “limitations in terms of scalability, throughput, and storage capacity” make blockchain “an unsuitable option for devices with limited resources in the IoT environment.”

The two proposed a new lightweight authentication model for an IoT-based smart house monitoring system that’s based on the IOTA Tangle and utilizes other technologies, such as decentralized identifiers and stronghold vault technologies.

IOTA for IoT

IoT is changing the world, enabling automation and efficiency by allowing devices to communicate autonomously. It’s impacting healthcare through remote monitoring, smart cities through automated administration processes, consumer experience through personalised interactions and much more.

However, researchers warn that IoT devices could be the next big target for hackers. According to one study by the World Bank, Europe, and APAC regions experience around 70 IoT attacks weekly per organization.

This makes security the most critical requirement for IoT networks, and according to the two researchers, IOTA may be the solution.

They believe that IOTA’s Directed Acyclic Graph (DAG) based technology “enhances the transactional throughput, decreases transaction confirmation time, minimizes control consumption and removes transaction charges, hence being more suitable in the IoT setting.”

One of IOTA’s advantages is feeless transactions. The network requires a user to approve two previous transactions in lieu of paying a fee, “thereby increasing the engagement of users in protecting the network without charging.”

And then there’s the scalability, where IOTA is unmatched by its peers, and with billions of devices and, potentially, trillions of daily transactions, IoT can only work on a network that scales massively.

The researchers stated:

Moreover, unlike the blockchains fixed to traditional single chain processing of transactions, IOTA works with the structure called Tangle which enables parallel processing of the transaction. This design greatly enhances the system‟s generated throughput and scalability which makes IOTA capable of accommodating a larger number of users and transactions in its network.

IOTA trades at $0.1404, dipping 2.9% in the past day.

@ Newshounds News™
Source:  Crypto News Flash

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THIS IS NOT A CONSPIRACY THEORY

Countries are accelerating their efforts in crypto exchanges, stable coins, and gold stockpiling, all while developing central bank digital currencies.

This is not a conspiracy theory.

These are all facts.

Connect the dots.

@ Newshounds News™ https://t.me/+PRwSMqsjRVViOTVh

Source: X Gold Telegraph: https://x.com/goldtelegraph_/status/1828106418735718831?s=46

~~~~~~~~~

PIC

Listen and learn from this man. He has facts and shares with us as we all wait. Share with others!

August 28, 2024 12:00 Central Noon, 1 PM ET

Listen Here - Podcast Room https://t.me/+VAm-AlWWqWPzyK8G

Replays - YouTube Currency Facts - YouTube

Ask your questions in the Living Room: Link Directly from Isaac when ask for a bio

“But understand I do not have contacts. Isaac

"I have buyers the us treasury , DOD , Admiral , HSBC several big platforms that I have signed contracts with all and they paid already for the inspection several times" Isaac

@ Newshounds News™

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More News, Rumors and Opinions Monday PM 8-26-2024

TNT:

Tishwash:  Economist: Government Fails to Secure Necessary Investments to Finance 'Development Road'

Economic expert, Ziad Al-Hashemi, revealed on Monday that the government failed to secure the investments required to finance the development road project.

Al-Hashemi stated in a post on his personal Facebook page, followed by "Al-Eqtisad News", that "the first victim of the failures of the Development Road Project - news of the dismissal of the Director General of the Iraqi Railways, who boasted in one of the meetings with me that he had a feasibility study for the Development Road Project that included 27 volumes."

He added that "it seems that the internal differences and problems related to the method of managing the Development Road Project file have begun to appear on the surface in the form of dismissals."

Al-Hashemi stressed that "the government's failure to secure the necessary investments to finance the project revealed many flaws in the way this project is managed"

and considered that "as a quick and logical solution, the government should focus on extending and establishing the land highway linking with Turkey and postponing the railway line until the conditions are right to truly launch the wheel of development." It is noteworthy that the Minister of Transport, Razzaq Muhaibis Al-Saadawi, dismissed the Director General of Railways, Younis Khaled Jawad, and appointed Jabbar Aliwi Lahis as his replacement     link 

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Tishwash:  Prime Minister's Advisor Announces New Tax Reform Packages to Be Launched Soon

The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Saleh, announced on Monday the most prominent government steps to maximize non-oil revenues, while indicating the imminent launch of new tax reform packages.

Saleh said, as reported by the official news agency, and reviewed by "Al-Eqtisad News", that "one of the basic principles of the government's program in the field of financial reform, which was approved by the Council of Representatives in October 2022, is maximizing non-oil resources in the general budgets of the Republic of Iraq, as quantitative targets were set for them so that their contribution to the total revenues generated by non-oil economic activity would increase to 20 percent instead of their historical rates that do not exceed 10 percent in the best of cases."

He added, "Diversifying non-oil revenue sources and maximizing them in public budgets is one of the biggest reform challenges in the financial and economic fields in the country."

He pointed out that "these challenges come from two main factors: the first is the degree of connection between the diversification of budget resources and the success of diversification in the country's gross domestic product, especially the three sectors of agriculture, industry and services."

He explained that "the oil production sector still dominates a percentage of the components of that gross domestic product, which sometimes reaches 60 percent, which gives the national economy a rentier character and direct coexistence with the financial flows provided by the oil resource, mostly without anything else."

He added, "The second factor of these challenges is related to non-governmental activity in generating the gross domestic product, and we mean specifically the activity of the market or the private sector."

He added, "The majority of economic forces generating income and wealth within market activity conduct their economic activities within the framework of what is called the 'shadow economy', which are 'grey' markets that are not regulated and are not known to the regulatory, tax and banking authorities as is commonly known, and their percentage amounts to about 70 percent of the total private sector activity in the country."

He stressed that "the grey or shadow markets are one of the most important factors causing the decline in non-oil revenues in the country's general budget components."

He pointed out that "the first step taken by the current government to maximize non-oil revenues began with adopting a new approach to tax reform," noting that "the Council of Ministers approved earlier this year 8 new packages to reform the country's tax system, led by the principle of expanding tax bases, especially those that are hidden, evading or neglecting annual tax accounting."

He stressed by saying: "Two tax reform packages have been launched, and the remaining packages will be launched sequentially and gradually within the government's reform policy in the financial field and maximizing the state's resources from sources of income and wealth outside the oil sector, as this is accompanied by administrative and legislative reform and high-precision digital governance of tax institutions in the areas of assessment and collection with high transparency and efficiency  link

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

Frank26  Right now 1 dinar is not even one [U.S.] penny.  It's like 9/10 of a penny but soon 1 dinar will be equal to at least $1.00.  Did I say it will paired?  No...It will be equal to at least, they told you, $1.00.  I got a feeling it might be $1.30 because they kept the exchange rate at 1310.  Let's see what happens...In country at least $1.00 in value, not 1 penny in value, will give you [Iraqi citizens] purchasing power...It's different for you [The rest of the world]...you're going to watch the float...

Militia Man  The United States is going to say we're ready to go. We're not playing games anymore...we're going to do it our way.  Iraq either you're on board or you're not on board...No wonder those guys are barking...because the parallel markets are going to go away and fast.  They know what they need to do.  Change the value of their currency and no one's going to want their [black market] USD.  They're going to know the Iraqi dinar is going to be powerful just like Sudani said...

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LIVE! Absolutely SHOCKING! A Wall Street SUPERBANK Telling Its Clients TO BUY GOLD!

Greg Mannarino:  8-26-2024

https://www.youtube.com/watch?v=Sj0QvKog_LQ

Why Fed Rate Cuts will Trigger a Recession

Heresy Financial:  8-26-2024

TIMECODES

 0:00 Intro

1:23 Federal Funds Effective Rate

2:32 When Recessions are Likely to Happen

3:33 Employment Numbers

 4:27 Yen Carry Trade

5:06 Prices

6:13 Government Borrowing

7:45 Fed Policy

8:50 Conclusion

https://www.youtube.com/watch?v=KYMLu7stxu8

“Tidbits From TNT” Monday 8-26-2024

TNT:

Tishwash:  Strong economy strong dinar

Mohammed Saleh Al-Badrani

 Any talk about improvement in any field is theoretical talk that will not produce anything unless stability, social cohesion and a stable security situation are achieved. This matter requires attention to details and loose threads.

Civilization needs foundations to be a platform for advancement, and stability is the basis. It is a general word that includes the societal structure, reform of institutions and administration, and the establishment of an ideology that everyone seeks to achieve through which plans are built, sectors are supported, and prosperity is one of its outcomes.

This requires the advancement of education, support for general culture, and aspirations towards movement without obstructive limitations. Other than this, everything we say or will say becomes mere wishes and desires that have no means or institutions to achieve them .

Stability and the crystallization of the character of the state and its institutions will be built accordingly, and it is the same path of progress that expands and opens up the fields of renaissance by forming the nation and then by forming the stable state .

1. Relying on oil without investing it will not improve the economy or increase the strength of the dinar. Rather, it is an invisible deterioration, and everything that is treated with it is like wood dye that is eaten by termites. For this reason, oil and other resources such as customs revenues and taxes must be invested, not by increasing taxes and exhausting the citizen, but by making it flow in a way that makes the citizen comfortable, so that it is in harmony with the state and its plans and is part of its plan, and the state is not considered a feudal lord or a squire who wants to stray from its paths .

2. Taking care of the countryside and returning people to it with plans, projects, industries and factories for agriculture and raising poultry, cows and sheep to produce meat and other things, with managing the land to grow fodder, and establishing fodder factories in strategic areas, and factories for animal products and canning them. As for the citizen’s return without a plan, it will be a matter whose feasibility will weaken unless capital enters from somewhere as capital for those who have money and find a way to operate it. This will be practical and realistic after stability .

3. Stopping government appointments with the absence of projects and the increase in colleges and universities means producing a cadre that is not good at taking care of itself or doing any work in order to live. It is necessary to establish private projects and companies and the state encourages their stability and facilitates their establishment with the establishment of a retirement guarantee similar to the state retirement system, and thus the momentum for work in government jobs is reduced.

This may come through partnerships with companies in industrialized countries to localize major factories and food and mechanical industries such as cars and machinery and support them with oil at cost price, in exchange for social care supervised by the state and looked into by the state so that those who work in these companies, facilities or industries are not harmed if one of the companies decides to abandon work. This means establishing contract models that specify the workforce, job positions and expertise and developing them through continuous education .

Regional environment

4. Establishing interest-based relations with the regional environment, and establishing water agreements in a way that realistically looks at everyone’s interests, and through cooperation in water management, investment, and joint planning as management and facilities so that there is no clear gap between desires and reality, and between proposals that have not entered the logical filters, as climate change is likely and to a large extent, but its results cannot be determined, so confronting it today through projects that do not put the country in a state of death and are capable of supplying economic and human movement is very important .

5. Desalination of Gulf water and engineering its pumping so that it covers and revives every inch of Iraq, and the rapid transformation to modern and economic agriculture will reduce pollution. The marshes will not be relied upon as water bodies, but rather as tourist investment areas such as winter resorts and fish farms, as is suitable for them.

 The dinar and the economy need real work and confidence in the currency is confidence in the economy of the countries, which expresses confidence in the management of the country itself.

 What we write here is the salt in the perspective of the reality of the situation, so that the effort of the meetings is not wasted and becomes air in the net, as they say. It is certain that there are specialists in the country, but they should not look at the experiences of others and transfer them as templates. Capitalism is not a fragmentation system, but rather a system that built itself for hundreds of years until it settled in the situation we see, and those who live in it will not see it as an option. Likewise, socialist systems do not have direct scientific applications.

We need to benefit from these systems in making a suitable system successful, as China did, which has a strong economy that does not look at the exchange rate of its currency, but is strong in its global dealings

. Perhaps if the countries of the region united to create their own currency and trade, they would gain a position in managing the global economy. All of this requires effort and time, and before that, determination in understanding and preparation and a will to implement   link

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Tishwash:  Finalizing the approval of the Industrial Investment Law

Today, Monday, the head of the Parliamentary Investment Committee, Muhammad Al-Zayadi, revealed that the final touches had been put in place to approve the Industrial Investment Law within the House of Representatives.  

Al-Ziyadi told Al-Ma'louma Agency, “Approving this law will contribute significantly to moving the wheel of the Iraqi economy, as it grants great privileges and guarantees to investors in the industrial sector.” 

He added, "His committee held an expanded meeting with the Economic Committee to resolve the disputed points within the law," noting that "the law, if approved, will reflect positively on the labor market by providing many job opportunities for young people within the country."

He continued, “His committee has put the final touches to approve the industrial investment law soon in the House of Representatives, as it is one of the important laws.” link

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Tishwash:  Al-Jawahiri comments on the tax reform process

Development and investment consultant Amer Al-Jawahri said: “The tax reform process currently taking place includes all the empty sectors, and this is very accurate for the Prime Minister in light of Al-Sudani’s meeting with the Supreme Committee for Tax Reform.”

Al-Jawahri Al-Jawahri told Mawazine News Agency: When we say that the state’s public funds and resources have circulated, this means that there is an informal economy in the country. 

According to the development expert: “Informal businesses have existed for many years, and they still do, and there is even an expansion that is not included in tax accounting, which means that it is not registered, and is considered informal in this matter, and the other side of the tax reform will take place and will continue.”

He explained: “The use of digital electronic tools and others that exclude human interaction means that perhaps 80 or more than 90% of the work that is accomplished outside the scope of human interaction will be linked. This may save losses. We do not want to pay the numbers, but it is very clear that the losses of the numbers are very large; which took into consideration the size of imports.

He continued: “If we count the size of imports, how much do we earn from tax money? There is a gap in this aspect, and eliminating corruption is not easy, and corruption is not only about the leakage of money and loss, which means depriving the public right of its rights and at the same time the money goes into pockets, and people get rich at the expense of society.
 
He pointed out: "This money goes to services, but at the same time, this achieves, in one way or another, the rule of law, and also achieves, a relative improvement in the business environment, and this improvement when added to it, an improvement in other aspects, while he stressed that working on it in the business environment, then, we can say, there are things that encourage local capital for direct investment.

He  continued saying: "May we be drawn into it, and attract capital or foreign direct investment, this is the entrance or angle that I want to enter from the side of what the Iraqi government aspires to.

 Al-Jawahiri urged everyone to support the tax reform process despite the existence of harsh and severe opposition, veiled and covered with large veils and beautiful veils, which will try to put obstacles in front of the implementation of tax reform, which increases with the country's resources or the general budget. Improving public resources means that the state and successive governments are able to spend on improving the service reality and infrastructure of the country, the most important of which are the health, education, security and municipal sectors. link

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Mot: .. This Does Help Explain it -- Huh!!! 

Mot:  . Golden Rule it Is!!! 

News, Rumors and Opinions Monday AM 8-26-2024

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

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

Compiled Mon. 26 Aug. 2024 12:01 am EST by Judy Byington

Global Currency Reset: (Opinions/Rumors)

Sun 25 2024 Wolverine: The Whales are receiving their appts and going to Colombia and to Reno! Tier4A funds are released. It is taking longer than expected… it is a process. All is coming through. Today or tomorrow, we will have good news for Tier4B and then the opera will be released.  I was hoping to be under NDA today, but it is slow, but I will get that call coming through!

This is about helping humanity and our families. We want to help all we can. Whatever is possible. Private contractors are now getting paid as well.  The amount of money these people are receiving fathoms the mind.

Sadly, one of my huge whales in Mexico who waited a long time for this RV, has d**d in poverty, he had no money, and hopefully his assets can be passed on to his family. Most of the whales have no money…many sold all they had to get their bonds or have lost their businesses due to world events. 

 I know a huge whale in Germany who lost his business and is struggling, but he has huge amounts of boxes. Not all whales are rich. Fortunately, my whale is well off, and I am lucky.

In summary, the RV has started for bondholders and Tier4B is waiting for today or tomorrow, and today there is still time to get notifications for Tier4B. You are also seeing people getting debits released for Nesara and Gesara. Hopefully we will get good news! I think we all would like to have our debts paid off! Things are happening. Hold on. I am very sure we will get through this during this week.  Take care, Wolverine

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Global Wealth Distribution (GWD) based on trade and sovereignty means that every QFS account worldwide will be solely owned by the account holder, not a bank or government.

Sun. 25 Aug. 2024 BRICS Launching New Stablecoin Pegged by Chinese Gold-backed Yuan: https://dinarrecaps.com/our-blog/brics-launching-new-stablecoin-pegged-by-chinese-yuan-amp-gold-backed-currency 

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Global Financial Crisis:

The Purpose of QFS, Mr. Pool on Telegram:

The purpose of the QFS is to end c********n, u***y and m**********n within the banking system. “Banks” will no longer need to make huge profits from money transfer transactions.

The QFS will be completely independent of any existing “centralized” system and all other transport systems will be obsolete.

QFS is not a cryptocurrency. After REVAL (revaluation), the currency of all nations will become obsolete, collateralizing assets and ensuring a stable value (this process is simply a bank of information in the computer’s memory).

Activation of the QFS ends the ‘central banking system,’ perpetuating so-called ‘debt s*****y’

Sun. 25 Aug. 2024 The Great Awakening begins: https://t.me//+NESARA/GESARA

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Historical Context and Evolution of QFS… (JFK Jr.) on Telegram Sun. 25 Aug. 2024

A Vision of John F. Kennedy: The concept of the QFS and financial rescue programs dates back to the visionary ideas of John F. Kennedy. His intentions were rooted in the belief that financial resources should be distributed equitably to promote prosperity and stability. The age requirement of 24 years, as mentioned by Dan Rostenkowski, aligns with Kennedy’s mandate for responsible financial administration.

The Impact of Historical Decisions: Historical decisions, such as setting a minimum amount for financial rescue programs, reflect the knowledge and vision of political decision-makers. These decisions are often based on a deep understanding of human behavior and the potential consequences of providing substantial financial resources to individuals at different stages of life. By revisiting these historical contexts, we can better appreciate the logic behind these policies.

Financial Responsibilities and Maturity: One of the main reasons for setting a minimum age of 24 for QFS Rescue Centers is to ensure that beneficiaries have a certain level of financial responsibility and maturity. By the age of 24, individuals are typically more capable of making informed financial decisions, having completed higher education or gained professional experience. This maturity is crucial for responsibly managing large sums of money.

The Psychological Impact of Wealth: The psychological impact of receiving a large financial fortune cannot be underestimated. For an 18-year-old, sudden wealth can lead to impulsive decisions and potential financial ruin. By setting the minimum age at 24, the system aims to give beneficiaries a greater chance to use their resources wisely and contribute positively to society.

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The QFS, Mr. Pool on Telegram Sun. 25 Aug. 2024

QFS is the leading technology that applies and creates 100% financial security and transparency for individual currency holders.

QFS assigns a digital number to every dollar/euro/yen fixed in all bank accounts worldwide. Digital numbers are monitored and updated in real time. In other words, it indicates when the sender and receiver accounts were recorded in the ledger (GPS verification).

QFS lives with artificial intelligence. Artificial intelligence interacts with all financial transactions in the world, ensuring legal and intended power and transparency.

Only gold or asset-backed currencies with digital gold or asset certificates will be transferred through the QFS.

All gold/asset backed currencies are converted back to the gold or asset backing them.

Read full post here:  https://dinarchronicles.com/2024/08/26/restored-republic-via-a-gcr-update-as-of-august-26-2024/

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

Militia Man  Why would the United States of America allowed Alaq, the Central Bank Governor [to come] unannounced?  Probably because they had a good reason to allow that.  Why are they having him back in such a short period of time?  Because there's a component of time that they needs things done and they're doing that.

Frank26  Everything we're seeing is pointing to one thing only.  Do you think everything we've seeing is pointing to, stop the monetary reform?  No.  Do you think everything we're seeing is...let's do a lop?  No.  Do you think everything we're seeing is a lie...We're not going to give you purchasing power...It's an optical illusion?  No. Everything we're seeing is pointing in just one direction, for the monetary reform to release the lower notes and give a new exchange rate in order for the citizens of Iraq to have purchasing power but more so in order for the HCL...payments...budget to work.

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China Just Sold Off All US Treasury & Debt!

Tech Beat:  8-25-2024

In this video, we look at China's new financial maneuver, in which it purportedly sells a major chunk of its US Treasury holdings and debt.

 This move has sent shockwaves across global financial markets, increasing concerns about the potential consequences for the US economy and the larger international financial system.

We'll look at the reasons for China's move to cut its exposure to US debt, as well as what this might mean for future US-China ties. Is this a purposeful move in economic policy, or a reaction to the current global uncertainty?

 How will this affect the stability of the US dollar and bond markets?

Join us as we examine the economic and geopolitical variables at play, providing insights into how this development may effect investors, governments, and the global economy as a whole.

 Whether you're an experienced investor or simply curious about the intricacies of international finance, this video presents an in-depth explanation of one of the most significant economic developments in recent history.

https://www.youtube.com/watch?v=bF3d3SwtUSU

Does The World Bank Need To Rethink Its Policies?

Does The World Bank Need To Rethink Its Policies?

Banks  Economy News - Follow-up  For nearly eight decades, the World Bank—founded in 1944 to finance reconstruction and development after World War II—has been the largest international public agency ever. By 1973, as the need for reconstruction receded and many newly independent countries had joined the bank, President Robert McNamara outlined a revised mission.

The bank’s goal was “to accelerate economic growth and reduce absolute poverty.” At the bank’s headquarters in Washington, that goal was engraved on the lobby wall for all to see: “Our dream is a world free of poverty.”

The World Bank's initial approximation of the target was an annual estimate of the number of people living on less than $2.15 a day, the amount deemed necessary to avoid hunger, Paul Collier, a professor at Blavatnik College at the University of Oxford, wrote in an opinion piece for Foreign Policy.

This is a very conservative measure of the bank’s performance, Collier said—it could be achieved if the world’s poorest could reach the bare minimum necessary to survive even as the income gap with the rest of humanity widened. But even by this inadequate measure, the bank was a failure before 1990.

That is no longer in dispute: from 1960 to 1990, the incomes of the poorest countries diverged from those of the richest by standard statistical measures.

The number of people living in extreme poverty peaked in 1980 and then stabilized until the early 1990s, when China, India, and other emerging Asian markets took off.

Since 1990, China and India have largely lifted many millions out of poverty, but that was because of domestic reforms that opened their economies to trade. It was not because of the World Bank’s meager aid to these countries, which went disproportionately to Africa, along with policy advice.

But while the Bank cannot claim responsibility for China’s and India’s successes, it must accept responsibility for Africa’s failures. Yet the Bank and its leadership have been reluctant to confront or draw conclusions from their failures.

“When I first worked on the problem of global income inequality in 2003, I found that there was another problem within the problem that had not been noticed at the time,” said Professor of Economics and Public Policy at the Blavatnik School at the University of Oxford.

“A group of 60 poor countries, concentrated in Africa and Central Asia but with pockets elsewhere, had failed to spark economic growth and were gradually falling behind everyone else.”

“These countries had a population of about a billion people—I called them the bottom billion.” China and India were initially much poorer than most of these countries, but since the 1980s China has been growing rapidly, and since the 1990s India and Latin America have also been taking off.

In 1990, these three regions dominated global poverty statistics, but now they are favored by investors as emerging markets, and by 2035 their mass hunger problems will be a thing of the past, according to Collier.

The growth of these regions has helped global poverty begin to decline—both as a share of the world’s population and in absolute numbers, perhaps for the first time in human history. But this success has not extended to the bottom billion. As a group, their incomes have continued to diverge from those of the billions in emerging markets and the privileged billion in rich countries.

The divergence among the bottom billion continued until 2003, when global natural resource prices began a decade-long boom so extraordinary that it became known as a supercycle. Because economic growth never really caught on among the bottom billion, the exploitation and export of their natural resources became their dominant form of participation in the international economy, and the supercycle boosted their incomes.

This was their golden decade, and it lasted until 2014, when commodity prices collapsed; prices have been extremely volatile since then.

After 2014, the global economy entered a period known as the “new normal,” a term coined by economist Mohamed El-Erian. For the bottom billion, the new normal looked a lot like the old normal, the long period until the golden decade during which they were left behind.

Only during the golden decade did the bottom billion as a group briefly interrupt the tragedy of falling further and further behind the rest of humanity.

If the trend since 2014 continues, the global poverty headcount will soon return to its grim pre-1990 upward trajectory. Starting in 2035, after adjusting for inflation, the number of people living below the World Bank’s $2.15 poverty threshold – those so poor that they are starving – will increase relentlessly.

And they will be concentrated in very different places than in the past. Instead of China, India, and Latin America, the new poverty hotspots are Africa and Central Asia. Given the World Bank’s mission, the prospect of rising poverty rates in these long-focused regions should spur the Bank to action.

“Of course, there are many reasons to be skeptical of these forecasts. But we can supplement the projected trends with evidence of changes in national wealth per capita, including private assets such as homes and public assets such as infrastructure,” Collier said.

As imperfect as this measure may be, by looking at how assets have changed, we get some clues about how incomes will change in the future. In both the old normal and the new normal, the assets of the bottom billion remained virtually flat, while assets per capita in emerging markets grew rapidly, at 3% or more per year. The assets of the lucky billion living in the developed world grew comfortably, at about 2% per year.

People in the bottom billion are poorer than the rest of humanity. By 2020, the average fortune billion had $500,000 in assets per capita. The emerging market average had jumped to $85,000, and was on track to catch up with the fortune billion within a generation.

But people in the bottom billion have less than one-thirtieth of the fortune billion’s assets, and the fortune billion’s assets are growing only slowly.

Rather than prompting questions about why its approach was failing to achieve its stated purpose, in the early 2020s the Bank decided to change its stated purpose. The World Bank’s goal would no longer be a world free of global poverty – nor would it even be able to measure it.

Its goal would simply be to reduce the number of people living below a certain country-specific income threshold. If that number was falling, the Bank would declare victory: its programs in that country must be working.

This was not demanding enough that most programs would get a passing grade most years—even in Africa and Central Asia—so that everyone could relax. To avoid a troubled career, an employee assigned to one country that was not currently getting a passing grade would simply need to move to another country as quickly as possible.

Because everyone would be playing this game, the less experienced employees would end up working with the less capable in the more difficult countries.

Clearly, as the premier global institution, the World Bank must aim for global convergence: that is its core mission. The countries that have fallen behind to become the poorest must not merely avoid hunger or meet a low bureaucratic threshold—they must grow faster than other groups.

The failure of these programs, with the exception of one golden decade that had nothing to do with development projects, should be cause for serious soul-searching and sober reassessment at the Bank, reinforced by genuine concern about the prospects of the world’s poorest countries.

The World Bank might look to its sister institution, the International Monetary Fund, for an example of this kind of soul-searching. It happened in 2018 under then-IMF chief Christine Lagarde, now head of the European Central Bank. In an independent evaluation of its performance, the IMF found that in fragile states, only one in seven of its support and advice programs were successful.

This led to a major research study, published in 2021, that concluded that programs should last longer and be better tailored to the local context. The first fruits of this work were the agreement just reached with Ethiopia last month.

But in its policies toward persistently slow-growth countries in Africa and Central Asia, the IMF is hampered by a mandate that focuses solely on financial stability, not economic development. The development mandate falls to the World Bank—and that’s where it stops.

But instead of acknowledging a half-century of failure, discovering its causes, and launching a process of comprehensive institutional change, the World Bank made the sinister choice of redefining its purpose into something more easily achievable than economic development and income convergence.

It simply changed its poverty measures so that it would no longer have to report rising global poverty rates. Before the bank had finished this scandalous exercise, international outrage over its failure to respond to the multiple crises engulfing poor countries had reached its board of directors.

The board correctly judged the bank to have been slow to disburse funds that could have enabled the governments of the poorest countries to prevent their economies from collapsing. In February 2023, under humiliating circumstances, World Bank President David Malpass was forced to resign.

The move may finally prompt the bank to engage in the same soul-searching that the IMF has undergone. With its vast financial resources and highly skilled staff, the World Bank has a noble mission to fulfill.

Will its new president have the ambition to chart a bold new course—or will he retreat to the defensive amid a beleaguered bureaucracy?   08/25/2024 - https://economy-news.net/content.php?id=46711

BRICS Launching New Stablecoin Pegged By Chinese Yuan & Gold-Backed Currency!

BRICS Launching New Stablecoin Pegged By Chinese Yuan & Gold-Backed Currency!

We Love Africa:  8-25-2024

What will the new Brics currency look like?

Until now, there have been speculations about whether Brics will launch a new currency in competition with the US dollar or not.

Even though there were official talks on launching a new payment system, like SWIFT, no official news came about Brics currency. But things have changed now.

 Brics is thinking of various options, considering what to use to peg the new currency. In this respect, Russia has increased its efforts and wants to launch the currency before its chairmanship ends this year.

 As of now, Brics has proposed either launching a cryptocurrency pegged by the Chinese Yuan or a whole new currency pegged by gold.

https://www.youtube.com/watch?v=NKYqgxeZiL4

More News, Rumors and Opinions Sunday Afternoon 8-25-2024

KTFA:

Clare: Baghdad Governorate announces a holiday for tomorrow, Monday, in its departments and sections

8/25/2024   Baghdad

Baghdad Governorate announced today, Sunday, a holiday for tomorrow, Monday, in its departments and divisions.

The governorate said in a statement received by "Al-Eqtisad News", "Based on the decision of the Baghdad Provincial Council and in view of the great efforts made by the governorate's staff in providing services during the Arbaeen visit of Imam Hussein (peace be upon him) and the continuation of reverse delegation services for visitors, the Governor of Baghdad, Abdul Muttalib Al-Alawi, directed the suspension of official work on Monday, August 26, 2024."

He added, "This includes all departments and sections associated with the governorate."   LINK

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Clare:  Al-Sudani announces the success of the Arbaeen visit plan and reveals 37 service projects for the upcoming visit

8/25/2024

Prime Minister Mohammed Shia Al-Sudani announced the success of the security and service plans for the Arbaeen pilgrimage, during a press conference he held in Karbala Governorate, today, Sunday.

Al-Sudani appreciated the efforts of the Supreme Security Committee headed by the Minister of Interior, and all officers and members in ensuring the smooth flow of the visit, which extended over vast areas and thousands of kilometers of roads leading to the holy Karbala, as well as the efforts of the local service and administrative institutions in the governorates, and the formations of the various ministries, as more than 53 ministries and agencies participated, in addition to local governments, governors and governorate councils.

Al-Sudani expressed his thanks to the Governor of Karbala and the members of the provincial council for their continuous efforts that complemented the efforts of the ministries and provinces, extending his thanks to the visitors, the Husseini processions and the social activities for their cooperation and partnership with the security and service agencies. He also thanked the Husseini, Abbasi, Kadhimiya and military shrines for their important role, praising the role of the national media in this visit, which represents an opportunity to re-sharpen the spirit of all service teams and review the work and improve the provision of service to the citizen in the upcoming visits.

In order to establish an integrated infrastructure that facilitates the visit, the Prime Minister announced during the conference 37 diverse service projects that will be initiated by the Supreme Committee for Millions of Visits, and more than (3.5) trillion dinars have been allocated for them, distributed among the budgets of ministries and governorates, and include the construction and rehabilitation of ring roads, intersections, bridges, pedestrian bridges and squares, the construction of water complexes and cities for visitors, and service complexes, and they will be initiated in a few weeks.

He pointed out that since the end of the Arbaeen pilgrimage last year, work has begun on rehabilitating the border crossings in Zurbatiyah, Al-Mundhiriyah and Al-Shaib, establishing large exchange yards to facilitate the transportation of visitors, and projects related to rehabilitating the roads linking Karbala to other governorates. The government has also made progress in the Karbala-Najaf Metro project, while the Karbala International Airport project has reached advanced stages and will be opened next year.

He stressed that the government took the initiative to establish the Supreme Committee for Million-Pilgrim Visits, to be the permanent organizer and supervisor of this great effort, indicating that this occasion is no longer merely ideological, but rather a national epic that witnessed the presence of our people from all religions and sects in more than 50 processions providing services to the visitors.  LINK

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

Militia Man  They're making nothing but money off their oil, but they're also making nothing but money off their non-oil revenue streams.  Now it's a totally different ball game.  Back in the old days Iraq's valuation of $3.22 was based off oil.  It wasn't on phosphates...sulfur...liquid natural gas...tax revenues...tourism.  None of those.  Add all that in now into the exchange rate gives some support doesn't it.  You start thinking about it, wait a second, so why would you come back out at $3.22 again?  Good question.  Will they?  Don't know.  Is it likely they will?  I don't know.  Why would it be any less than that? 

Militia Man   If you guys have the lop question, it's totally uneducated as far as I'm concerned.  100%...Iraq said they were going to bring value to their currency.  Doing a lop doesn't bring value.  It's a reverse split.  Stays  the same.  It's total B.S., utter nonsense.  It's unstudied, uneducated and frankly, quackery as far as I'm concerned.  

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Iraq's Investment Guide for 2024 #iqd Exchange Rate

Edu Matrix:  8-25-2024

Iraq's Investment Guide for 2024 #iqd Exchange Rate - Regardless of what Iran-Backed Militants are Doing, Iraq is Moving Forward w/ Offering International Investment Opportunities in the Country.

https://www.youtube.com/watch?v=UBtT6nT00H4

"When the Crisis Hits, Buffett Will Buy Gold" Mike Maloney LIVE | Rebel Capitalist 3

Mike Maloney:  8-23-2024

this eye-opening video, Mike Maloney delves into the looming financial crisis, describing it as a "financial Supernova.

 He explains the hyperbubble in asset classes, fueled by unprecedented levels of debt worldwide. Mike emphasizes the importance of owning precious metals like gold and silver as a safe haven during economic turbulence, backed by historical data showing their remarkable performance.

The video also challenges the notion of fiat currencies and their role in perpetuating economic instability.

https://www.youtube.com/watch?v=5Pd0mm55MGA&t=25s

“Tidbits From TNT” Sunday 8-25-2024

TNT:

Tishwash:  Economist talks about the mechanism for reviving the Iraqi economy

Economic expert Mustafa Hantoush said today: "What the Central Bank of Iraq is doing by empowering foreign banks or foreign investors at the expense of the Iraqi banking system is a fatal blow to future opportunities to advance the Iraqi economy through the banking system."

According to his statement to Mawazine News Agency, the expert Hantoush described the experiences of foreign banks or foreign investors who own national banks as failed experiments, pointing out that they have caused financial disasters for many countries.

The economic expert explained: "Most countries in the world give a very specific percentage to foreign investors in the banking sector in order to preserve capital and profits as an economic cycle within the country."  link

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Tishwash:  Mohammed bin Rashid: Iraq has become the first destination for UAE exports

Sheikh Mohammed bin Rashid Al Maktoum confirmed today, Sunday, that Iraq has become the first destination for Emirati exports by 41%.

Bin Rashid said, via the (X) platform: "Several years ago, we announced our national economic goals.. and announced that our foreign trade target for the year 2031 is 4 trillion dirhams annually, a goal that represented a major challenge at the time."

He added, "Today, our economic relations with various countries have been consolidated, as our trade with India has increased by 10%.. with Turkey by 15%.. and with Iraq by 41% to become the first destination for Emirati exports, followed by India, Turkey and others."  link

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Tishwash:  To deter escalation and protect his country's forces.. A senior American general visits the Middle East

A senior US general is scheduled to tour the Middle East to emphasize the importance of deterring escalation and protecting US forces in the region. The

US Joint Chiefs of Staff said on Saturday that General CQ Brown will visit Egypt, Jordan and Israel in the coming days, where he will meet with his counterparts and a number of officials to discuss the situation and tensions in the region. The

Joint Chiefs of Staff statement indicated that Brown's visit demonstrates the long-term US commitment to the Middle East.

The statement stressed that General Brown will reaffirm the importance of deterring escalation and protecting US forces in the region, and Washington's support for Israel in defending itself and coordinating efforts to provide humanitarian assistance to civilians.

The statement also explained that the visit reflects the importance of reaching an agreement that returns the hostages, ends the violence and allows the entire region to focus on the next steps towards a more secure and stable Middle East. link

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Tishwash:  Rafidain warns of the risks of accessing customers' personal and financial information

Rafidain Bank warned, today, Saturday, of the risks of accessing customers’ personal and financial information through electronic and telephone fraud.

The bank stated in a statement received by {Euphrates News} a copy of it, that: "It is keen to educate its customers and the public about sound practices in using electronic services in general, and to direct the customer to take caution and care, to ward off the risks that may result from any attempts to access the customer's personal and financial information, through electronic fraud, telephone fraud, viruses and spyware, and identity theft."

Rafidain Bank advised its customers to: "Adhere to the following instructions:

- Avoid easy knowledge of the password, maintain its confidentiality, avoid using common and well-known passwords that are easy to predict, and change them periodically.

The bank advises its customers - for their security and safety - to refrain from using known information such as date of birth, phone number, or any part of the customer's name that is easily recognizable as a password.

- Avoid disclosing the password and personal data and maintain the confidentiality of the salary card number (Master or Visa Card), Internet banking, and the mobile banking application, and not to disclose them even to bank employees.

- Update the customer's information and data, whether his salary is domiciled or otherwise, whenever there is a change through the branches.

- Continuously verify your account movements (via account statement, movements in the mobile application), and if you doubt any of them, review your branch or the Banking Awareness and Public Protection Department in the General Administration of the Bank.

The bank noted "examples of fraudulent messages:

Phishing messages..
- These messages are sent to you by impersonating an employee at your bank, where he sends you messages asking you for information about your bank account or credit card under the pretext of verifying its numbers.
- Fraud through the trick of browsing your account
- Many users have been trapped on social networks through the trick of "Find out who browsed your account on Facebook" or any other social network.

Prize winning messages..
- Such messages claim that you have won valuable prizes or a trip to a certain country, and the sender of the message asks you to pay a certain amount to receive your prize, never do that.
- Fundraising fraud.
- Collecting money in a deceptive manner, as these scammers publish fake stories about a patient in need of treatment or a poor family or others and ask for donations from social media users.

Online job offers:
- If you apply for a job online, you will definitely be asked to fill out an application form. You can do so, but be careful not to write down your bank account number and credit card.
Tips to protect yourself from fraud attempts:
- Do not interact with people who ask you to pay a small amount of money to get a prize or gift or other offers.
- Do not agree to transfer a conversation with a specific person outside of social networks, such as communicating via WhatsApp or providing this person's email address.
- Verify the identity of people who message you due to an emergency while claiming to be your friends or relatives.
- Messages that include spelling and grammatical errors are always suspicious and you should be careful of them.
- If you want to provide help or assistance, do so through official and trusted sources.
- Do not trust pages that represent large companies or public figures that you have not verified.
- Do not trust any social pages that claim that they will make you a quick profit through the Internet or work from home.
- Do not click on links that you receive via WhatsApp or social networks or those that are published in comments. 

Rafidain Bank called on its customers to "take precautions and be careful to avoid falling victim to criminal methods that aim to defraud citizens and steal their money by people impersonating employees working in financial institutions, international institutions or private companies, and then doing the following:

- Communicating with customers via social media (Facebook, Instagram, WhatsApp) under the pretext of providing financial assistance and prizes or monthly salaries for a specific period, in exchange for obtaining the personal information of the customer and the data and image of the bank card granted to him and the secret number and OTP verification code.

- Using the data and information necessary to create accounts in the name of customers or modify their account data or update their data or request the number that will be sent to you by SMS, and then carrying out electronic transfer operations for the purposes of paying bills and purchases and charging mobile phone balances or making electronic money transfers to other people.

Communicating with the beneficiaries of financial transfers under the pretext of executing them in their favor by mistake, and then asking them to reverse the amount by transferring to a specific account or charging a specific phone balance.  link

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Mot: . Guys!! -- Beeeee sure and Take Notes!!!!

Economist’s “News and Views” Sunday 8-25-2024

CHINA To Leave World Bank: A New Financial System?

Fastepo:  8-25-2024

The World Bank has faced ongoing criticism from Global South nations regarding its lending practices and the conditions tied to financial support.

Developing countries have called for a fairer global financial system, pointing to the negative effects of the Structural Adjustment Programs (SAPs) of the 1980s and 1990s, which were intended to stabilize economies but often deepened poverty and inequality in regions like sub-Saharan Africa.

A 2002 UNICEF report noted that 60% of countries implementing SAPs saw reduced access to essential services, contributing to long-term instability.

Another issue is the loss of sovereignty imposed by World Bank loans, with nations like Ghana and Zambia forced to adopt austerity measures that sparked unrest.

Environmental and social concerns have also arisen, as World Bank projects in Indonesia and Ethiopia have been linked to deforestation, displacement, and ecosystem damage.

 Additionally, the bank's decision-making is seen as disproportionately influenced by powerful Global North shareholders like the U.S. and Japan, leading to accusations that the bank prioritizes wealthier nations' interests over those of developing countries.

Critics argue that the World Bank's efforts to address past mistakes have been inadequate. Despite creating an Independent Evaluation Group (IEG) to review projects, a 2020 report found that only 45% of recommendations had been fully implemented, raising doubts about the bank’s commitment to reform.

 This criticism has intensified due to perceived inequalities in global financial aid, particularly during crises like the COVID-19 pandemic, where aid pledges to African and Latin American countries were seen as insufficient compared to the swift support for Ukraine during the 2022 Russian invasion.

 In response to these challenges, China, alongside other BRICS nations, led the establishment of the Asian Infrastructure Investment Bank (AIIB) in 2016.

The AIIB aims to provide a more equitable alternative to the World Bank, focusing on the infrastructure needs of the Global South.

With a capital base of $100 billion and over 100 member states, the AIIB has emerged as a credible competitor to traditional Western-dominated financial institutions, signaling a shift in the global economic order.

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

ANOTHER Currency Is FAILING In Front Of Our Eyes...

Lynette Zang:  8-24-2024

Today's video is about Ethiopia's Birr and it's recent plummet. Could it be failing? And could this be a sign for what's ahead for the dollar?

https://www.youtube.com/watch?v=up-SADPfOww

PetroYuan Plans?| Saudi Arabia - China Ties Are Expected to Strengthen Crude Oil Trade in Yuan

Lena Petrova:  8-25-2024

https://www.youtube.com/watch?v=AUKfPzmdJh8

News, Rumors and Opinions Sunday AM 8-25-2024

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 Sun. 25 Aug. 2024

Compiled Sun. 25 Aug. 2024 12:01 am EST by Judy Byington

Sat. 24 Aug. 2024 The Purpose of QFS: …The 17th Letter (JFK Jr.)

The purpose of the QFS is to end corruption, usury and manipulation within the banking system. “Banks” will no longer need to make huge profits from money transfer transactions.

The QFS will be completely independent of any existing “centralized” system and all other transport systems will be obsolete.

QFS is not a cryptocurrency. After REVAL (revaluation), the currency of all nations will become obsolete, collateralizing assets and ensuring a stable value (this process is simply a bank of information in the computer’s memory).

Activation of the QFS ends the ‘central banking system’, perpetuating so-called ‘debt slavery’

Official site of the Quantum Financial System. Enter your personal information and find out how much money you have in your account. https://t.me/+9c_RzxhDf6E5ZDAx

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Global Financial Crisis:

Sat. 24 Aug. 2024 Australia NAB Outage: Chaos as thousands of Aussies are locked out of their bank accounts due to tech outage. https://www.dailymail.co.uk/news/article-13768213/NAB-outage-Chaos-thousands-Aussies-locked-bank-accounts-tech-outage.html

Sat. 24 Aug. 2024: I Guess This Is The End. The Fall of Baal: https://x.com/prolotario1/status/1758499176269201565?s=46

Info came out via Militia-Man & Crew that confirm what I shared with you all about Texas when redeeming currency for precious metals that once the Iraqi Dinar is on the Forex anyone will be able to convert into Gold & Silver.

Do you all know how monumental this is? Remember the 43 states that pass bills to make metals legal tender? This means your money will be 100% tax-free. This means that if you purchase property with gold mortgage, taxes, liens, etc, it will not be a factor in any capacity.

Why do you think bankers fear Basel 3? Remember what the MBA stated a few days ago? That the entire model of real estate will change because of B-3.

“The Mortgage Bankers Association (MBA) has voiced strong opposition to the Basel capital rule changes, pointing out seven key areas that could affect major banks and regional banks, lenders, servicers, and borrowers within the housing finance ecosystem. Here’s a closer look at these crucial concerns”. End quote.

Basel 3 empowers the citizens. Not the banking industry. This is why they are now trying to double down on the Dodd Frank Act. Which allows the bank to legally confiscate your money making them impervious to lawsuits. You all have to understand. In the 1970s boomers bought houses for 10k-20k.

Now do you all see why bankers were crying to Congress about Basel 3 on Capitol Hill a couple of months ago?

The days of writing up mortgages with interest rates that only exist on a computer screen with nothing in the bank vaults to support the contract written out home buyers that agree to honor that over decades on a monthly basis.

Not knowing they financially entrapped themselves by signing off on a document that allows the bank to seize or confiscate your property due to delinquency in payments for money they never physically possessed themselves to underwrite a contract based on nothing but a promise and not assets are over.

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Sat. 24 Aug. 2024 A New Beginning: The Activation of GESARA NESARA

Amidst chaos and uncertainty, there is a glimmer of hope in the form of GESARA NESARA. This mysterious acronym represents a significant shift in global affairs.

It is said that the dismantling of old systems of government, education, finance, health, and commerce is underway, promising a new era for humanity. Could this be a ray of hope in these turbulent times?

Star-Link Satellite Awaiting the Green Light: One of the most surprising claims is that the Star-Link satellite is ready to send emergency alerts to all cell phones worldwide. These satellites are supposedly on standby, waiting to transmit signals. If true, this would be an unprecedented step in coordinating global events.

A Black Swan Lurking: A Global Stock Market Crash: Ominous predictions of an imminent Black Swan-like Stock Market crash are heightening the growing tensions. Such an event could send shockwaves around the world and lead to a global monetary transition affecting 209 countries. The impact of such a crisis is beyond imagination, and the world watches with bated breath.

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Global Currency Reset:  (Rumors/Opinions)

Sat. 24 Aug. 2024 MarkZ: “Farm Claim Payments: I am getting so many reports from you guys on this one. Payments are being made and I think it is just huge. I was told from day one this would be the first claim paid. I am excited to see it.

 I do know real people with money in their pockets from Farm Claims payments.” We are hearing that they are off “stuck” and have moved past the initial round of bond stuff and they are starting to prepare (in mass) the folks with German bonds. I am 100% certain that is what they are going to start processing next. Hopefully also releasing the money that goes with it.  I started getting this news last night.

We are hearing money is moving fairly quickly…but we have heard that before. I think we need to see more farm claims and settlements paid. And past Farm claims into CMKX and fines and Penalties.

 This is some of the milestones we should be able to see in the coming days. Iraq is not the only monkey in the game….They are just the easiest to track….. . But we also track bonds and F&Ps…..also easy to track. Iraq is not the only cog in the wheel. But they just need to release that new rate.”

Sat. 24 Aug. 2024 TNT Tony: “Just got word that in Iraq the lower denoms are being released on the streets right now. Start poppin. It’s on it’s way.”

Read full post here:  https://dinarchronicles.com/2024/08/25/restored-republic-via-a-gcr-update-as-of-august-25-2024/

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

Militia Man   Article Quote: "Alaq confirmed... there will be meetings held with the Federal bank and US Treasury at the end of this August"  What's the date today?  It's not far off.  The last meeting he had was unannounced...I think him coming back to the Untied States, he's probably going to bring something he should have had done a long time ago.

Bruce   [via WiserNow]  ...it looks like our start for notification and exchanges could start over the weekend...It could defer to Monday, with exchanges starting either Monday or Tuesday. That's very possible.

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Salah talk about brushes and power iqd dinar

Nader: 8-24-2024

https://www.youtube.com/watch?v=75bcUM4torU