Thank you to all the subscribers to our Early Access program…we thank you for your continued support.
We are excited to offer this new service to keep you informed and up-to-date on the latest Dinar and currency news.
Bruce’s Big Call Dinar Intel Tuesday Night 6-18-24
Bruce’s Big Call Dinar Intel Tuesday Night 6-18-24
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. It's Tuesday, June 18TH and you're listening to the big call. I hope everybody's tuned in all over the globe - thank you satellite team for getting the signal out to so many countries, as many as 200 countries around the globe, and we've had confirmation of about 25 million individuals that the call has gone to - it’s a unique software thing where they can translate my voice into umpteen different languages in three seconds. So that's really an amazing feat – We count ourselves blessed to have a satellite team that can make all that work technologically and get it out there
So we're excited. Oh, don't forget, Federal holiday tomorrow. That's right, Juneteenth is June 19. It celebrates the end of slavery, the emancipation and proclamation - it is now a federal holiday, but keep that in mind tomorrow and beyond that, let's pray the call in as we welcome everybody around the globe - let's pray to call in
Bruce’s Big Call Dinar Intel Tuesday Night 6-18-24
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. It's Tuesday, June 18TH and you're listening to the big call. I hope everybody's tuned in all over the globe - thank you satellite team for getting the signal out to so many countries, as many as 200 countries around the globe, and we've had confirmation of about 25 million individuals that the call has gone to - it’s a unique software thing where they can translate my voice into umpteen different languages in three seconds. So that's really an amazing feat – We count ourselves blessed to have a satellite team that can make all that work technologically and get it out there
So we're excited. Oh, don't forget, Federal holiday tomorrow. That's right, Juneteenth is June 19. It celebrates the end of slavery, the emancipation and proclamation - it is now a federal holiday, but keep that in mind tomorrow and beyond that, let's pray the call in as we welcome everybody around the globe - let's pray to call in
Okay, thank you Bob. And let's take a look now. Thank you very much for that segment, Bob. Ley’s take a look and see where that puts us tonight - and there's some interesting information that we found today and yesterday. – Primarily today
And where we stand right now is - redemption center people that we know - we know they have a job to put in the new quantum financial system “codes” into the computer – and we know that they have entered codes in the last couple of days - and the codes came back - they are going to re-enter - in other words it wasn’t taken - it wasn't receiving -
Then – well today. Okay, let's put the code again today by 1030 in the morning, and then what happens? What takes or whether you get an email back? Well, of the three codes that were entered, one was received and two were sent emails back, and the emails are sent back. Were on Iraq, one on the rupiah - and the reason was, I believe.. they did not state this, but I believe we had been told, You guys remember that we thou ght the Iraqi Budget for Iraq had been put in the Gazette last Saturday.
Well, came to find out it was NOT in the Gazette Saturday.
Sources in Iraq said he was told by the prime minister of Iraq that it would go into the Gazette tomorrow, which is Wednesday. Okay, that's good. So the fact that we get an email back at the redemption center saying, “nope not yet.” There is still something with Iraq –
So to me – its probably because the budget has not yet been put into the Gazette and therefore the rate would not be seen in the Gazette and so on
So even though Iraq is trading up the value of the dinar – they really were not quite st the position of locking in that rate for us
Now cut to Afghanistan - That situation requires a rate. It requires a rate that is solid for the rates to lock in - we anticipate tomorrow - we've been told that the redemption centers will enter those 3 codes no later than 10:15 in the morning – tomorrow - by 10:15 they get entered – and we will see if all 3 codes “take” – and the theory is – they should
We will have all 3 to be received and we should get that back solid screen rates - on the bank screens, on the redemption center screen, is what we're talking about. On redemption center screens, which will indicate a solid, tradable currency, exchangeable. That's exciting for us - that really is.
We also heard from another source that unless there's a false flag event tomorrow, which we don't anticipate, but that could go up the worst, but otherwise, if there's no false flag event, we're going to be in the midst of it tomorrow.
I think that means notifications, bondholders and us, and quite possibly the start of exchanges omorrow afternoon, evening. We could actually do both
Now we will have to see what happens, obviously, see what manifests but I think based on the information we've had in the last few days. And the fact that we're lined up and ready to go. I believe they're ready for this thing to go.
It's interesting that it would reveal on Juneteenth our Declaration of emancipation, proclamation, freedom for all – Freedon Day . and that's how we have to look at this tomorrow.
So we’ve had very decent rates showing up on the screens. We've had them trading up - lights flashing, you know, we've had certain people from Wells Fargo get the green light to go ahead, enter those codes. That was positive.
I really think now we're finally kind of coming down to the point where when those codes are entered in the morning, at 10:15am, could quite easily get solid rates and get emails from Wells Fargo. Where we can receive and set our appointments or tomorrow and beyond - That’s exciting – that’s exciting and that's what I believe we should be anticipating.
That's really what I most wanted to say -
That's what I wanted to bring to you tonight - One of our sources said if we don't have a false flag event tomorrow. We're going to be right smack dab in the midst of it. Everything is happening, bondholders - us, - intermediaries, everybody getting paid out. Okay, the latest thing I had was R, and R still coming this, this month,
I can't speak to the increase in social though - that has not been absolutely confirmed - so everybody have a great night and we'll talk to you Thursday, unless these numbers have manifested and we have them. Otherwise, everybody, have a great night and we'll see you on the other side.
Let's pray the call out,
Bruce’s Big Call Dinar Intel Tuesday Night 6-18-24 REPLAY LINK Intel Begins 1:01:50
Bruce’s Big Call Dinar Intel Thursday Night 6-13-24 REPLAY LINK Intel Begins 1:09:00
Bruce’s Big Call Dinar Intel Tuesday Night 6-11-24 REPLAY LINK Intel Begins 1:02:50
Bruce’s Big Call Dinar Intel Thursday Night 6-6-24 REPLAY LINK Intel Begins 50:20
Bruce’s Big Call Dinar Intel Tuesday Night 6-4-24 REPLAY LINK Intel Begins 56:00
Bruce’s Big Call Dinar Intel Thursday Night 5-30-24 REPLAY LINK Intel Begins 1:04:40
Bruce’s Big Call Dinar Intel Tuesday Night 5-28-24 REPLAY LINK Intel Begins 1:08:00
Bruce’s Big Call Dinar Intel Thursday Night 5-16-24 REPLAY LINK Intel Begins 1:09:09
Bruce’s Big Call Dinar Intel Tuesday Night 5-21-24 REPLAY LINK Intel Begins 1:05:15
Bruce’s Big Call Dinar Intel Thursday Night 5-16-24 REPLAY LINK Intel Begins 1:13:23
Bruce’s Big Call Dinar Intel Tuesday Night 5-14-24 REPLAY LINK Intel Begins 1:10:00
Petrodollar Deal Expires; Why this Could Trigger ‘Collapse of Everything’ – Andy Schectman
Petrodollar Deal Expires; Why this Could Trigger ‘Collapse of Everything’ – Andy Schectman
Kitco News: 6-19-2024
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Andy Schectman, President and Owner of Miles Franklin Precious Metals, who breaks down reports of Saudi Arabia letting the 50-year long Petrodollar agreement with the U.S. expire and what this means for the future of the U.S. dollar as the global reserve currency.
Schectman believes that this marks the end of the era of fiat currency, as commodity backed money will return.
He also weighs in on the latest geopolitical developments, including the latest sanctions against China and Russia, continued weaponization of the U.S. dollar, the accelerating de-dollarization trend, BRICS Plus Foreign Ministers meeting, G7 meeting, BRICS new currency, and more.
Schectman points out how gold fits into the picture, laying out what a new world monetary order – or the Bretton Woods 3 – could look like.
Petrodollar Deal Expires; Why this Could Trigger ‘Collapse of Everything’ – Andy Schectman
Kitco News: 6-19-2024
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Andy Schectman, President and Owner of Miles Franklin Precious Metals, who breaks down reports of Saudi Arabia letting the 50-year long Petrodollar agreement with the U.S. expire and what this means for the future of the U.S. dollar as the global reserve currency.
Schectman believes that this marks the end of the era of fiat currency, as commodity backed money will return.
He also weighs in on the latest geopolitical developments, including the latest sanctions against China and Russia, continued weaponization of the U.S. dollar, the accelerating de-dollarization trend, BRICS Plus Foreign Ministers meeting, G7 meeting, BRICS new currency, and more.
Schectman points out how gold fits into the picture, laying out what a new world monetary order – or the Bretton Woods 3 – could look like.
“Vietnam and Iraq News” Posted by KTFA Members 6-19-2024
KTFA:
Henig: Interesting, IMO.
Vietnam transitions to a cashless society
Monday, June 17, 2024 | 19:47:30
(VOVWORLD) - Visa’s Consumer Payment Attitudes Study 2023 indicates a significant rise in cashless payments, especially mobile wallet transactions, among Vietnam’s merchants.
A remarkable 79% of food and dining establishments and 74% of retailers and convenience stores now accept cashless payments.
Meanwhile, Visa’s Asia Pacific Small and Medium-sized Business (SMB) Research 2023 further indicates that over 40% of SMBs in Vietnam now accept card payments, acknowledging their critical role in business operations. LINK
KTFA:
Henig: Interesting, IMO.
Vietnam transitions to a cashless society
Monday, June 17, 2024 | 19:47:30
(VOVWORLD) - Visa’s Consumer Payment Attitudes Study 2023 indicates a significant rise in cashless payments, especially mobile wallet transactions, among Vietnam’s merchants.
A remarkable 79% of food and dining establishments and 74% of retailers and convenience stores now accept cashless payments.
Meanwhile, Visa’s Asia Pacific Small and Medium-sized Business (SMB) Research 2023 further indicates that over 40% of SMBs in Vietnam now accept card payments, acknowledging their critical role in business operations. LINK
************
Henig: Vietnam has golden opportunities to develop silver economy: expert
Source: Xinhua Editor: huaxia
2024-06-17 22:44:15
HANOI, June 17 (Xinhua) -- The aging population and unique characteristics of the elderly group in Vietnam pose many economic and social challenges, but there are also golden opportunities for the country to develop a silver economy, Vietnam News Agency reported Monday, citing Doan Van Binh, vice president of the Vietnam Real Estate Association.
He said the rise of the silver economy reflected a societal re-evaluation of the elderly, which no longer views them as an economic burden, but recognizes their contribution to society and their consumption potential.
Based on Vietnam's actual conditions and the experience of some countries, Vietnam should immediately begin researching, creating a vision, building policies and laws, and setting up specific strategies and action plans to activate and develop the silver economy, he said.
The older generation in Vietnam currently accounts for 8.3 percent of the total population, or 8.16 million, according to the country's Ministry of Labour, Invalids and Social Affairs.
It is forecast that the number will increase to 16.8 million by 2039 and 25.2 million by 2069. LINK
************
Clare: IBBC Webinar: Drivers of the Iraqi Dinar Exchange Rate
19th June 2024 By John Lee.
On a webinar organised by the Iraq Britain Business Council (IBBC) on Tuesday, Professor Frank Gunter of Lehigh University and Dr Ahmed Tabaqchali of AFC Iraq Fund (and Expert Blogger on Iraq Business News) discussed the drivers of the Iraqi dinar exchange rate.
The event marks the official launch of the IBBC's new white paper on de-dollarisation of Iraqi economy, which can be downloaded here. LINK
To view this interesting discussion please see the video below:
Clare: Integrity: The arrest of a government employee who seized 131 million dinars
6/19/2024
The Federal Integrity Commission reported that an operation was carried out during the arrest of an employee at a government bank in Maysan Governorate who seized an amount of 131 million dinars from one of the bank’s customers.
An integrity statement, a copy of which was received by {Al-Furat News}, stated that “the Commission’s Maysan Investigation Office formed a working team from its staff, explaining that the team that moved to the Agricultural Cooperative Bank / Maysan branch was able to execute the arrest warrant against one of the employees, because he was involved with other employees.” In the bank, they seized more than 131 million dinars from a customer’s account in the bank.
The office added that the process of withdrawing the amount from the customer’s current account at the bank took place without his knowledge, after forging his signatures and seizing his money deposited for the accused’s account, in conjunction with other employees.
He pointed out that the operation was carried out in accordance with the provisions of Article (316) of the Penal Code, noting that a proper arrest report was prepared for the operation, and that he was presented with the accused to the judge of the investigative court specialized in looking into integrity cases in Maysan. To issue the appropriate decision. LINK
Some “BRICS and De-Dollarization” News Wednesday 6-19-2024
BRICS Financial System Accelerates As Malaysia Plans To Join BRICS & De-Dollarize Asia
Sean Foo: 6-19-2024
In another shocking update, another Asian country wants to join BRICS. Malaysia, an ASEAN nation, wants to join the bloc.
The agenda is all about de-dollarizing their economy to make it more resilient against big moves in the reserve currency.
Here's why Malaysia's making this big leap and why the West must pay attention.
BRICS Financial System Accelerates As Malaysia Plans To Join BRICS & De-Dollarize Asia
Sean Foo: 6-19-2024
In another shocking update, another Asian country wants to join BRICS. Malaysia, an ASEAN nation, wants to join the bloc.
The agenda is all about de-dollarizing their economy to make it more resilient against big moves in the reserve currency.
Here's why Malaysia's making this big leap and why the West must pay attention.
Timestamps & Chapters:
0:00 Malaysia's Sudden Membership Bid
2:33 Breaking Away From The US Dollar
5:46 China Brings Economic Windfall
9:00 BRICS Financial System Accelerates
12:19 BRICS Is Winning Big
China Ditch US Bonds: How it impact the Global Economy?
Fastepo: 6-19-2024
China has recently sold approximately $50 billion in US Treasury bonds, reducing its holdings to the lowest level in 14 years.
This move is part of China's strategy to decrease its dependence on US financial instruments amidst ongoing geopolitical tensions with the United States.
As of March 2024, China's holdings have dropped to $767 billion, down from $816 billion in December 2023.
China's actions reflect a broader trend of "dedollarization," where the country aims to reduce the dominance of the US dollar in international trade and finance.
This strategic shift has significant implications for global financial markets, particularly in the context of rising US interest rates and the increasing yield spreads between different types of US debt instruments.
BRICS Makes Major De-Dollarization Announcement
Geopolitical Analyst: 6-19-2024
At a meeting Tuesday in Russia, BRICS announced that it is in the final stages of its de-dollarization mission.
According to BRICS representatives at the meeting, their new payment system was confirmed, and it will become a competitor for the current global reserve US dollar.
Economic ministers of leading BRICS member countries have announced that they are in the final stages of completing complete de-dollarization.
The bloc’s goal is for its multipolar international monetary system to mark the end of the US dollar as the sole global reserve currency.
A new payment system has been rumored and discussed for a significant time, but now the BRICS alliance has officially confirmed its development and first target: the US Dollar.
The BRICS economic alliance has sought to challenge the global economic status quo for the last two years. The bloc has sought increased resistance from the Western-dominated financial order. Those efforts have come in the form of increased de-dollarization practices and the promotion of the bloc’s own local currencies.
Furthermore, the BRICS alliance initiated this two-day meeting with 20 countries in attendance to discuss expansion and economic cooperation.
Foreign Ministers of countries belonging to the bloc are currently in the Russian city of Nizhny Novgorod.
Topics at hand included the upcoming expansion of the BRICS+, de-dollarization efforts, and building further economic and trade relations with one another.
Now, its work in developing its BRICS currency has also been discussed. BRICS aims to cut ties with the US dollar and use local currencies for all cross-border transactions among member nations.
The move is attracting other developing countries to join BRICS in 2024.
The idea of ditching the US Dollar for local currencies and a new global reserve has become more popular.
The alliance’s gold-backed currency concept and CBDCs are considered worthy alternatives.
Malaysian Currency Now On RV Path in BRICS Gold-Backed Alliance
Malaysian Currency Now On RV Path in BRICS Gold-Backed Alliance
On June 18, 2024 By Awake-In-3D
Prime Minister Declares Strategic Intention to Join BRICS Alliance which would lead to a significant RV of the Malaysian Ringgit (MYR).
In This Article
Malaysia’s Formal Bid to Join BRICS
The Anticipated Revaluation of the Malaysian Ringgit
BRICS Gold-Backed Trade Currency and Its Implications
Malaysia’s Strong Economic Contributions to BRICS
Malaysian Currency Now On RV Path in BRICS Gold-Backed Alliance
On June 18, 2024 By Awake-In-3D
Prime Minister Declares Strategic Intention to Join BRICS Alliance which would lead to a significant RV of the Malaysian Ringgit (MYR).
In This Article
Malaysia’s Formal Bid to Join BRICS
The Anticipated Revaluation of the Malaysian Ringgit
BRICS Gold-Backed Trade Currency and Its Implications
Malaysia’s Strong Economic Contributions to BRICS
Malaysia’s strategic decision to join the BRICS economic bloc has sparked significant discussions regarding the future of the Malaysian Ringgit (MYR).
Prime Minister Anwar Ibrahim’s announcement highlights Malaysia’s intent to align with BRICS, potentially leading to the revaluation (RV) of the Ringgit through the bloc’s gold-backed common trade currency which will be composed of 40% gold-backing.
Malaysia’s Formal Bid to Join BRICS
Prime Minister Anwar Ibrahim’s recent declaration signifies a pivotal moment for Malaysia’s economic and diplomatic strategy. In an interview with Chinese news outlet Guancha, aired ahead of Chinese Premier Li Qiang’s visit, Anwar confirmed Malaysia’s intention to join BRICS, marking a crucial step towards diversifying its strategic relationships.
“We have indicated, as a policy, that we are joining,” said Datuk Seri Anwar. “We have made a decision. We are placing the formal procedures soon.” This move aligns Malaysia with a group of nations collectively challenging the Western-dominated global order, potentially reshaping the economic landscape.
The Anticipated Revaluation of the Malaysian Ringgit
One of the most significant implications of Malaysia joining BRICS is the potential revaluation of the Malaysian Ringgit.
The BRICS bloc plans to implement a gold-backed common trade currency. Inclusion of the Ringgit in this currency basket could significantly enhance its purchasing power and exchange rate, especially against fiat currencies like the US Dollar.
The revaluation of the MYR would not only strengthen Malaysia’s financial stability but also boost its attractiveness for foreign investments. This economic shift is expected to elevate Malaysia’s status in the global market, offering new opportunities for growth and development.
BRICS Gold-Backed Trade Currency and Its Implications
The BRICS bloc’s move towards a gold-backed trade currency is a strategic effort to reduce dependency on the US Dollar and foster economic sovereignty among member nations. For Malaysia, participating in this initiative means aligning the Ringgit with a stable and valuable currency system, enhancing its global economic influence.
This new currency system aims to facilitate smoother and more secure trade among BRICS nations, providing a robust alternative to the existing fiat currency system.
The anticipated revaluation of the Ringgit under this gold-backed regime is poised to offer Malaysia greater economic leverage and improved terms of trade.
Malaysia’s Strong Economic Contributions to BRICS
Malaysia’s decision to join BRICS is underpinned by its strong economic indicators and potential contributions to the bloc.
In 2024, Malaysia’s GDP is estimated to reach $445 billion USD, with substantial exports in key sectors such as digital/electronic devices, electrical machinery, mineral fuels, and industrial machinery. These economic strengths position Malaysia as a valuable member of the BRICS alliance.
Malaysia’s top export destinations in 2023 included major economies such as Singapore, China, and the USA, highlighting its significant role in global trade.
The nation’s diverse export portfolio, comprising electrical machinery, mineral oils, and animal or vegetable fats, among others, showcases its capacity to contribute effectively to a diverse BRICS economic bloc.
Experts, such as Datuk Prof Dr. Mohd Faiz Abdullah of Malaysia’s Institute of Strategic and International Studies (ISIS), emphasize the importance of Malaysia’s participation in BRICS. “Building our ties with these key countries will make our economy more resilient,” he noted, underscoring the strategic benefits of Malaysia’s move.
The Bottom Line
Malaysia’s formal intention to join BRICS represents a strategic maneuver with far-reaching economic implications.
The potential revaluation of the Malaysian Ringgit, driven by the adoption of a BRICS gold-backed common trade currency, positions Malaysia for enhanced financial stability and global economic influence.
Coupled with Malaysia’s robust economic contributions, this move promises to solidify the nation’s standing within the BRICS alliance, fostering new opportunities for growth and collaboration in the evolving global landscape.
Contributing articles:
https://www.straitstimes.com/asia/malaysia-preparing-to-join-brics-economic-group-media-report-says
https://www.statista.com/statistics/319024/gross-domestic-product-gdp-in-malaysia/
=======================================
© GCR Real-Time News
Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D
Coffee with MarkZ. and Andy Schectman. 06/19/2024
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Coffee with MarkZ. and Andy Schectman. 06/19/2024
Member: Happy Juneteenth to all!
Member: Did you all know today is International Sauntering Day?
Member: Stock market closed today for Juneteenth
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Coffee with MarkZ. and Andy Schectman. 06/19/2024
Member: Happy Juneteenth to all!
Member: Did you all know today is International Sauntering Day?
Member: Stock market closed today for Juneteenth
Member: Good morning Mark Z …counting my foreign currency ….. ready to go to the bank! How say you?!
MZ: Not much news overnight…but I do not take that as a bad thing. I am saving Iraq news for when MilitiaMa joins us …Its not time sensitive but a lovely deep dive into rate possibilities. I am looking forward to him sharing it in greater detail.
MZ: Just spoke with Militiaman he is working on a video….If he gets it done he may join us tonight….if not he is scheduled to join us tomorrow morning. There are interesting things happening in Iraq. Things are definitely pointing to something sooner rather than later.
MZ: Bond news continues to be confused. I don’t have a confirmed bond payout yet of an individual bond holder. There are lots of rumors from other countries which to me makes no sense. It makes sense that they should go at the same time…not randomly like in Columbia or Zurich before they release in Reno ect….
Member: This can only go so much longer. Bond people can only be held off for so long, until it can’t anymore. Which is right around the corner. How much more news can there be? That’s the question
Member: Charlie Ward has said it over and over again that the collapse has to happen first
Member: Phil G. Had a very interesting podcast last night. Something BIG happening soon. BOOM!
Member: Phil said a BOOM in July, don't know what the BOOM is but there it is.
MZ: “ Brazil ‘s massive tax changes set to roil already struggling consumers” They are looking at a 27.5% VAT (Value added tax} in Brazil. They say it’s going to replace other taxes. They say it will be more efficient. But this will be difficult for the overwhelming masses in Brazil .
Member: Q: the 15 days have passed so the budget-so is it legally in force? Thanks!
MZ: unfortunately nothing is in the gazette yet today.
Member: Tomorrow is summer solstice, from dark to light.
Member: We keep this loop-thing going. We get excited, then we are disappointed. It's frustrating at best.
Member: Don’t like the rollercoaster ? Don’t get on. It is a choice
Member: We just need to take a breath and know it’s going to happen. As Mark says, we don’t know when it’s going to happen.
Member: Today is the present, yesterday is the past and tomorrow is not promised but we have to keep moving forward to make it a better place!
Member: Thanks Mark and Andy…..everyone have a great day today.. Maybe some good RV news tonight???
Andy Schectman from Miles Franklin joins the stream today. Please listen to replay for his information and opinions.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.
Goldilocks' Comments and Global Economic News Wednesday AM 6-19-24
Goldilocks' Comments and Global Economic News Wednesday AM 6-19-24
Good Morning Dinar Recaps,
Putin visits Vietnam. Why? “The main issues relate to shoring up economic and commercial ties, including arms sales.”
Putin and Vietnam's leaders were said to have been working on an agreement regarding ruble-dong currency transactions through the banking system. This meeting is expected to enable payment for goods and services.
Currently, Vietnam is expanding the value of its currency through the expansion of its elderly population through healthcare, commercial trade, and military arms expansion.
Proper military spending over GDP stabilizes and promotes currency values of a country. Why? Money spent on the military ends up in the private sector as payment for goods and services the military requires.
Goldilocks' Comments and Global Economic News Wednesday AM 6-19-24
Good Morning Dinar Recaps,
Putin visits Vietnam. Why? “The main issues relate to shoring up economic and commercial ties, including arms sales.”
Putin and Vietnam's leaders were said to have been working on an agreement regarding ruble-dong currency transactions through the banking system. This meeting is expected to enable payment for goods and services.
Currently, Vietnam is expanding the value of its currency through the expansion of its elderly population through healthcare, commercial trade, and military arms expansion.
Proper military spending over GDP stabilizes and promotes currency values of a country. Why? Money spent on the military ends up in the private sector as payment for goods and services the military requires.
Each of these are indicators of a growing economy that justifies a higher value through demand on their currency inside a Market Economy. Vision Times Education CFR Nature
© Goldilocks
~~~~~~~~~
Nervous about the market? Here’s one thing you could do if shares start sinking fast
Jack Janasiewicz: The bottom line … is that there’s a disinflationary impulse coming. I think [Fed Chair Jerome] Powell was right to sort of look at [hotter-than-expected] January, February, March inflation data as maybe a little bit of an anomaly or a pause but not a reversal of that trend that’s going to continue to head to that 2% target.
So, again, heading in the right direction, it may be slower than people would like. But we’re going to 2%.
And then the other thing I would point to as well — the labor side of their mandate is becoming a little more focused. [The Fed] is one of the only central banks that has the dual mandate with price stability and full employment. It feels like the price stability side is coming into better focus.
As the economy slows a little bit here, and you start to see the unemployment rate tick a little bit higher … the Fed [could start] to focus on making sure that the unemployment rate doesn’t start to rise.
That could be the trigger for rate cuts. So we’re not ruling out rate cuts by September. We could easily have a cut. The data will tell us that, but I think the big takeaway for us is [inflation] going in the right direction. CNN
~~~~~~~~~
Liquidity risk surged 41.4% at LCH’s Paris-based clearing house in the first quarter, reaching a level not seen in almost five years. | Risk Net
~~~~~~~~~
OPEC sees no peak oil demand long term, secretary general says | Gulf Business
~~~~~~~~~
The 2024 U.S. Presidential race sees cryptocurrency policy as a key issue, with both parties engaging in debates.
Paul Ryan urges lawmakers to create a regulatory framework for stablecoins to boost U.S. debt attractiveness.
Ryan highlights China's digital currency advances, stressing the need for U.S. adoption of dollar-backed stablecoins. Read Write
~~~~~~~~~
Guaranteed basic income programs spread across the country: Is it coming to your city? | Fox News
~~~~~~~~~
Bank-to-bank payment messaging network Swift is working to facilitate interoperability of Verifcation of Payee schemes across Europe as new research shows that 83% of SMEs across France, Germany, Italy and Spain rank upfront beneficiary checks as important to them in trading across borders.
Swift bids to connect VoP schemes across Europe FinExtra
~~~~~~~~~
Polls will be posted in the Goldilocks' Q & A Classroom Link
~~~~~~~~~
Goldilocks' Daily Breakdown Podcast Link
Goldilocks' Telegram Room
Goldilocks' Q & A Classroom Link
Follow Goldilocks' Roadmap
Follow Goldilocks' Timeline
Goldilocks on the Seeds of Wisdom Team™ Website
Subscribe to Newsletter
Thank you Dinar Recaps
Iraq News Highlights and Points To Ponder Wednesday AM 6-19-24
Iraq News Highlights and Points To Ponder Wednesday AM 6-19-24
International Finance: Economic Reform In Iraq Is Witnessing An Increasing Pace And We Have Invested About Two Billion Dollars
Money and business Economy News _ Baghdad The representative of the International Finance Corporation in Iraq, Bilal Zaghir, confirmed today, Tuesday, that the institution’s investment in Iraq has reached nearly two billion dollars since 2005, while indicating that economic reform is witnessing an increasing pace.
Zaghir said in an interview with the Iraqi News Agency, followed by “Al-Iqtisad News,” that “the work of the International Finance Corporation dates back to the year 2005, and over the years we have been able to invest nearly two billion dollars in a wide range of sectors,” indicating that “our work in Iraq will extend out of our belief in future prospects.”
"For Iraq, the pace of economic reform will accelerate, and this will reflect positively in creating other investment opportunities in all sectors, whether industrial, infrastructure, or in the financial and banking sector."
Iraq News Highlights and Points To Ponder Wednesday AM 6-19-24
International Finance: Economic Reform In Iraq Is Witnessing An Increasing Pace And We Have Invested About Two Billion Dollars
Money and business Economy News _ Baghdad The representative of the International Finance Corporation in Iraq, Bilal Zaghir, confirmed today, Tuesday, that the institution’s investment in Iraq has reached nearly two billion dollars since 2005, while indicating that economic reform is witnessing an increasing pace.
Zaghir said in an interview with the Iraqi News Agency, followed by “Al-Iqtisad News,” that “the work of the International Finance Corporation dates back to the year 2005, and over the years we have been able to invest nearly two billion dollars in a wide range of sectors,” indicating that “our work in Iraq will extend out of our belief in future prospects.”
"For Iraq, the pace of economic reform will accelerate, and this will reflect positively in creating other investment opportunities in all sectors, whether industrial, infrastructure, or in the financial and banking sector."
He added, “The International Finance Corporation is the arm of the World Bank that is concerned with developing the private sector by providing the necessary financing for private sector projects in addition to providing advisory services.
Therefore, the framework of the institution’s work expands to include a wide range of financial services to all companies operating in Iraq in addition to providing consulting services".
Zaghir continued, “The IFC’s thinking relates to a group of sectors whose importance we believe and whose importance we share with the Iraqi government, whether investing in the Iraqi industrial sectors, where they are productive and an alternative to imports, and the second part relates to the financial sector, both its banking and non-banking parts, in addition to the importance of investing in infrastructure and improving the services provided.
” For Iraqis throughout the country,” pointing out that “the main point is our work and encouraging the private sector and working with it.” Views 172 06/18/2024 - https://economy-news.net/content.php?id=44398
Al-Sudani: Iraq Is On The Right Path
Political | 07:21 - 06/18/2024 Al-Sudani: Iraq is on the right path 161862024_IMG_9871
Baghdad - Mawazine News Today, Tuesday, Prime Minister Muhammad Shiaa Al-Sudani affirmed the government’s support for all arts, while indicating that Iraq is on the right path.
This came during Al-Sudani’s reception this afternoon with a group of Iraqi plastic artists and sculptors on the occasion of Eid Al-Adha, according to a statement received by Mawazine News Agency.
Al-Sudani offered congratulations to those present on the occasion of the blessed Eid, stressing that art has historically flourished in Iraq since ancient civilizations, and the cultural connection of plastic art has not been cut off in subsequent eras, which was embodied in the important drawings left by the Iraqi artist.
He explained that Iraqi plastic art is an Arab pioneer, and this size and artistic cultural weight makes the task of plastic artists and sculptors double. Because they are the heirs of all the creators of civilizations in this land, pointing to the necessity of establishing a museum for Iraqi plastic art in Baghdad.
He also stressed that Iraq went through stages in which the treasures of contemporary Iraqi art were looted, and we have worked to restore many of them.
He pointed to the government’s interest in culture and arts in general, and allocated for the first time more than 13 billion for various types of arts, stressing the importance of holding conferences and cultural activities, due to the cultural sector’s need for them and in order to introduce the reality of Iraq, and the government will take care of them, and His Excellency stated that, at the request of the university president Arabic: The Iraqi pavilion at the Arab League was awarded 15 paintings by Iraqi artists.
The Prime Minister explained, “Iraq is on the right path at all levels, and the national service government has a clear image based on a thoughtful government program that represents an essential step for building confidence between the political system and the people.”
Al-Sudani confirmed, during the meeting, his approval of a set of proposals presented by the delegation of plastic artists. And artists, concerned with the interest in fine art, and its support by ministries and government institutions, and promised to form a committee to follow up on the requirements of the proposals and work to implement them. https://www.mawazin.net/Details.aspx?jimare=249907
The Sudanese Advisor Reassures: Iraq Is Safe From Any Financial Risks
Economy | 07:23 - 06/17/2024 Baghdad - Mawazine News Advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Monday, that Iraq ranked distinguished among international groups that follow the best banking compliance systems, which makes it safe from any international financial risks, noting that the international community also praised the solidity of the financial and banking system.
Saleh said, “Cash issuance mechanisms are one of the exclusive powers of the Central Bank of Iraq as it is the issuing bank based on its Law No. 56 of 2004,” indicating that “what is published here and there about problems in cash liquidity is far from the solid institutional basis of the monetary authority in Iraq, which It is considered one of the most important authorities concerned with the issues of the availability of cash liquidity and the stability of the payments system, which contributes to the sustainability of the stability of transactions in the national economy.”
He added, "Managing cash liquidity, building the monetary foundation, and controlling liquidity levels in the country are subject to the principle of a long-term plan that is consistent with achieving the operational objectives of monetary policy in order to achieve the intermediate goals of stability and sustainable economic growth and determine the stability of long-term cash flows."
He stated that "Iraq occupies a distinguished rank among the international financial groups that follow the best international banking compliance systems, which makes our country safe from any international financial risks," pointing out that "Iraq is a cornerstone of regional and international financial cooperation institutions in the scope of combating money laundering and money laundering crimes." Crime and terrorism."
He stated that "Iraq recently received clear, positive praise for its strong anti-money laundering policies at the Financial Action Organization conference for the Middle East and North Africa region, which was held in the Kingdom of Bahrain, and it is a testimony from the international financial community that confirms the solidity of the financial and banking system in Iraq with the principles of compliance and the integrity of financial and banking operations." https://www.mawazin.net/Details.aspx?jimare=249866
Accumulated Since 2011.. Basra Sends An Invitation To Baghdad Regarding 45 Trillion Dinars It Owes
Baghdad today – Basra Today, Tuesday (June 18, 2024), the head of the Services Committee in the Basra Governorate Council, Imad Al-Mutawri, revealed that there are large sums of money owed by the federal government to Basra Governorate, indicating that for 13 years after 2011, the Ministry of Finance was late in disbursing the full allocations to the governorate.
Al-Mutawri told “Baghdad Today” that “Basra has ambitious service plans, and although the funds allocated to it in the 2024 budget do not match the size of the need to implement important and large projects, the governorate is asking Baghdad for an amount amounting to 45 trillion, which has been owed by the government since 2011.”
He added, "The Ministry of Finance must spend these amounts for the purpose of completing ongoing projects or implementing new projects for the current year."
It is noteworthy that the House of Representatives voted to allocate an amount exceeding 850 billion dinars to Basra Governorate in the 2024 budget, which led to a series of local and federal objections to these allocations.
It is worth noting that the Iraqi Parliament voted on Monday (June 3, 2024) on the schedules of the Federal General Budget Law No. 2024.
A statement by the Council's Media Department, received by "Baghdad Today", stated that "the House of Representatives voted on the schedules of the Federal General Budget Law No. 2024 amended 13 for the year and its annexes, Schedules (A/B/C/D/E and F)." LINK
Provoking Thoughts and Points To Ponder On Adversity:
Woman's discontent increases in exact proportion to her development. - Elizabeth Cady Stanton
Restlessness is discontent, and discontent is the first necessity of progress. - Thomas A. Edison
Noble discontent is the path to heaven. - Thomas W. Higginson
No pain, no palm; no thorns, no throne; no gall, no glory; no cross, no crown. - William Penn
Times of stress and difficulty are seasons of opportunity when the seeds of progress are sown. - Thomas F. Woodlock
The gem cannot be polished without friction, nor man perfected without trials. - Confucius
http://famousquotesandauthors.com/topics/adversity_quotes.html
News, Rumors and Opinions Wednesday Morning 6-19-2024
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 Restored Republic via a GCR: Update as of 19 June 2024
Compiled Wed. 19 June 2024 12:01 am EST by Judy Byington
Payout for Tier Groups involved in the RV: (Rumors/Opinions)
The Dubai Accounts Funds the RV: Dubai 1 funds Tiers 1&2 of the RV and Dubai 2 funds Tiers 3&4 of the RV, while Dubai 3 funds the Adjudicated Accounts and GESARA.
The payout of the Bonds and Currency is done in order of the different tiers. There are five Tiers that will be exchanging: Tiers 1, 2, 3, 4 &5.
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 Restored Republic via a GCR: Update as of 19 June 2024
Compiled Wed. 19 June 2024 12:01 am EST by Judy Byington
Payout for Tier Groups involved in the RV: (Rumors/Opinions)
The Dubai Accounts Funds the RV: Dubai 1 funds Tiers 1&2 of the RV and Dubai 2 funds Tiers 3&4 of the RV, while Dubai 3 funds the Adjudicated Accounts and GESARA.
The payout of the Bonds and Currency is done in order of the different tiers. There are five Tiers that will be exchanging: Tiers 1, 2, 3, 4 &5.
Liquidity Release is done in a certain order. The Elders, German Bonds and select Yellow Dragon Bonds must be paid first and have been.
A. Dubai 1 released for liquidity which then triggers Dubai 2&3.
B. F&P’s (Fines and penalties) are released to recipients (they need D1 liquid, this is their hold up)
C. Bonds will be liquid (they need D1 to be liquid)
1-4b are notified. (they need D1 to be liquid)
It appears all is set to go on or about the same time!
Tier 1 Sovereign Nation Debt of Governments: Chinese Royals, Bond Holders, Paymasters, Church Groups, CMKX, F&P, Adjudicated Settlements, Ranch and Farm Claims and other groups.
Tier 2 Royals, Elders, Whales, Military Generals and some political type Elites with platforms of currency, corporations, etc.
Tier 3 Admirals Group, American Indians, CMKX, large church groups like the Church of Jesus Christ of Latter-day Saints. The Pentecostal group was now 100% under an NDA. Tier 3 was all Dubai 2 Trust Money and originally was the Generals and public. Now Tier 3 includes groups with projects including the Admiral.
The Admiral was sent to the back of the line and renamed Tier 4A (really just a pie slice of tier 3). The Admiral’s Group was composed of three parts – most notable of which was Tier4a Core groups and 130 VIP groups.
Tier 4B, (us, the Internet Group) is the largest group and composed of the general public who paid attention to the Intel – the people who have bought currency and/or bonds and kept up with the reset by way of information on the Internet.
Tier 5 The general public who never paid attention to the Intel.
The official GO for Tier 4b has not been released yet. It can happen any moment.
As all Tier1-4b are funded, we await the final release to reach to our level. It’s a process. It’s tedious and time consuming – making adjustments as needed along the way for accuracy and safety of all involved. It’s a very quiet & discrete operation, where the general public is left uninformed for obvious reasons. Pay attention to the levels that are ahead of us. That will help give a better understanding of where we are, in relation to it reaching the 4b level. BUT, it is unfolding. And when it reaches our levels, there will be no doubts. It’s coming! Keep the faith.
~~~~~~~~~~
Global Financial Crisis:
As of June 9, 2024 the Petro Dollar ended, meaning that the decades-long agreement between The Kingdom of Saudi Arabia and the USA to sell Saudi Oil exclusively using US dollars has ended… It’s kaput!
Old fiat Federal Reserve US Dollar vs New gold/asset-backed US Note: The monetary system we rely on today is a construct designed by central bankers to benefit themselves and control the masses. The Federal Reserve Note, commonly known as the US dollar, was created to keep people in financial bondage. But now, we have a unique opportunity to break free from this system. The flaws and corruption of the old system are becoming clear, and we have the chance to move toward a new reality. This new form of money is transparent, asset-backed, and owned by the people. It’s designed to preserve wealth, gain value over time, and serve as a reliable store of value, unit of measure, and medium of exchange. Stay hopeful. The old system is collapsing, and we are on the brink of a new system that is designed for a ‘Level Playing Field’.
Malaysian Currency Now On RV Path in BRICS Gold-Backed Alliance. Prime Minister Declares Strategic Intention to Join BRICS Alliance which leading to a significant RV of the Malaysian Ringgit (MYR). https://ai3d.blog/malaysian-currency-now-on-rv-path-in-brics-gold-backed-alliance/
Gold Standard Restoration Act:
This bill requires the Department of the Treasury to define the Federal Reserve note dollar in terms of a fixed weight of gold, based on that day’s closing market price of gold. Federal Reserve Banks must exchange Federal Reserve notes with gold at this price and create processes to facilitate exchanges between banks and the public. If a Federal Reserve Bank does not do this, Treasury must make any exchange and place a corresponding lien on the assets of that bank.
In addition, Treasury and the Board of Governors of the Federal Reserve must report on U.S. gold holdings.
If you have doubts about what is coming, consider this: many countries are buying gold at record rates. Some are even reevaluating their currencies by backing them with gold and moving away from the US dollar. Blockchain technology is now minting real-world assets like gold, providing a more transparent way to validate information. We must remember that gold and silver have always been considered “God’s money,” a cornerstone of financial stability.
Historically, efforts to return to a gold and silver monetary standard have failed because technology was suppressed, and a few maintained control over the financial ledger. However, for the first time in human history, we can leverage AI and advanced technology to secure our financial future. This is a pivotal moment, ensuring greater transparency and trust in our monetary systems.
Read full post here: https://dinarchronicles.com/2024/06/19/restored-republic-via-a-gcr-update-as-of-june-19-2024/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat ..the “icing on the cake” for today’s news...It’s about the huge ATM installation and testing going on in Iraq. Why is this so important? We were told by the CBI not too long ago the significance of that the ATMs role will play in the Project to Delete the Zeros...its all interconnected...To get petty cash they will need the ATM machines. At this time the petty cash will be set to the newer lower denominations post delete the zeros.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television showing Saleh and other leaders of the financial services saying soon the parallel market will be gone...The only way we see this [happening] is that they give us our dinar and give us a real rate for that dinar, then that would make the parallel rate go away in what we think. FRANK: Iraqi citizens know what is happening. They know the next step.
************
LIVE! THIS IS THE ENDGAME... BE READY FOR WORLD-WIDE PANDEMONIUM. Are You Ready?
Greg Mannarino: 6-18-2024
Major US Banks Have Started Dumping Everything!
Atlantis Report: 6-18-2024
The financial situation in the United States is experiencing a significant change as major banks are selling off assets at an unprecedented rate. This move is caused by the imminent commercial real estate crisis, bad loans, and high interest rates.
This situation is not just a financial maneuver but a response to deep-seated issues affecting the stability of the banking sector.
As banks hurry to get rid of assets, the consequences are widespread, affecting everything from the availability of credit to confidence in the financial system itself.
“Tidbits From TNT” Wednesday Morning 6-19-2024
TNT:
CandyKisses: Iraq talks again about electrical interconnection with Saudi Arabia
Baghdad - Iraq Today: Prime Minister Mohammed Shia Al-Sudani discussed with the Minister of Trade in the Kingdom of Saudi Arabia Majid Al-Qasabi and his accompanying delegation several files, including the completion of the electrical interconnection between the two countries.
A government statement said that it "received Prime Minister Mohamed Shia Al-Sudani, Minister of Trade in Saudi Arabia Majid Al-Qasabi and his accompanying delegation."
During the meeting, according to the statement, they "discussed bilateral relations between the two countries, ways to enhance joint cooperation, and stressed the importance of concerted efforts to reduce tension and crises facing the region, and the need to continue joint efforts to stop the war on Gaza as soon as possible, and open humanitarian corridors for the delivery of humanitarian and relief aid."
TNT:
CandyKisses: Iraq talks again about electrical interconnection with Saudi Arabia
Baghdad - Iraq Today:
Prime Minister Mohammed Shia Al-Sudani discussed with the Minister of Trade in the Kingdom of Saudi Arabia Majid Al-Qasabi and his accompanying delegation several files, including the completion of the electrical interconnection between the two countries.
A government statement said that it "received Prime Minister Mohamed Shia Al-Sudani, Minister of Trade in Saudi Arabia Majid Al-Qasabi and his accompanying delegation."
During the meeting, according to the statement, they "discussed bilateral relations between the two countries, ways to enhance joint cooperation, and stressed the importance of concerted efforts to reduce tension and crises facing the region, and the need to continue joint efforts to stop the war on Gaza as soon as possible, and open humanitarian corridors for the delivery of humanitarian and relief aid."
He added, "The meeting witnessed a discussion of coordination procedures between Iraq and Saudi Arabia to hold the sixth session of the Iraqi-Saudi Coordination Council, and follow-up the implementation of the outputs of the previous session in accordance with the competence of each subcommittee, including the political, security and military committee during the coming period, and determine the date of its convening in coordination between the ministries of foreign affairs of the two countries, as well as discuss the completion of electrical interconnection according to the memorandum of understanding signed between the two countries, and follow up the executive minutes of the principles of electrical interconnection through the relevant technical committee. "
Al-Sudani praised "the efforts of the Kingdom of Saudi Arabia for the success of the Hajj ceremonies, and praised the level of services provided to Iraqi pilgrims," and stressed "the importance of reviewing Iraq's share next year, based on the population percentage approved in United Nations statistics."
For his part, Al-Qasabi conveyed "the greetings of Saudi King Salman bin Abdulaziz Al Saud and Saudi Crown Prince Mohammed bin Salman Al Saud to the Prime Minister," stressing "his government's aspiration to expand the horizons of constructive cooperation, in various fields, in a way that contributes to strengthening relations between Baghdad and Riyadh, and achieving the interests of the peoples of the two countries."
**************
CandyKisses: The government announces monitoring. 13 billion dinars to support culture and arts
Baghdad - Iraq Today:
Prime Minister Mohamed Shia al-Sudani confirmed that his government has allocated more than 13 billion dinars to support culture and arts.
The Prime Minister's Media Office said in a statement that "Al-Sudani received a group of Iraqi plastic artists and sculptors on the occasion of Eid al-Adha."
Al-Sudani pointed out that "art has flourished historically in Iraq since ancient civilizations, and the cultural connection of plastic art has not been interrupted in subsequent eras, which is embodied in the important drawings left by the Iraqi artist," noting that "Iraqi plastic art is a pioneer in the Arab world, and this size and weight of artistic civilization makes the task of plastic artists and sculptors doubled, because they are the heirs of all civilizations makers in this land."
"The importance of establishing a museum of Iraqi plastic art in Baghdad," he said, noting that "Iraq has gone through stages in which the treasures of contemporary Iraqi art were looted, and we have worked to restore many of them."
He pointed out that "the government allocated 13 billion for various types of arts," stressing "the importance of holding conferences and cultural activities, because of the need of the cultural sector and in order to introduce the reality of Iraq, and the government will take care of them."
"At the request of the president of the Arab League, the Iraqi pavilion in the Arab League was awarded 15 paintings by Iraqi artists," he said
The Prime Minister explained that "Iraq is on the right track at all levels, and the national service government has a clear picture based on a well-thought-out government program that represents an essential step to build trust between the political system and the people," stressing his approval of "a set of proposals submitted by the delegation of plastic artists and artists, regarding interest in plastic art, and its support by ministries and government institutions, and promised to form a committee to follow up on the requirements of the proposals and work to implement them."
*************
Tishwash: Behind the scenes of an exciting session of merchants and restaurant owners who “invested” in the exchange rate difference in Iraq
A lengthy report by the American newspaper “The National” reviewed the scenes of investing in the exchange rate difference in Iraq, where businessmen, merchants, and restaurant owners benefited by operating their money in this trade, by withdrawing the dollar from the central bank and selling it on the black market, which achieved huge and rapid profits in this way, However, the recent actions of the Central Bank caused problems between these partners due to losses.
The report, translated by “Baghdad Today,” says, “Despite recent efforts for reforms, challenges remain, and well-connected businessmen are still exploiting loopholes in the foreign currency sales window managed by the Central Bank of Iraq to make obscene amounts of money.” From the margin between the official exchange rate and the black market rate.
The National spoke to dozens of businessmen who said the strict measures had helped simplify the import process and forced many to formalize their transactions, but they said there was still room for manipulation.
One of the businessmen said: “There are still ways to circumvent the procedures,” adding that “falsifying invoices and arrangements at border crossings and manipulating the prices of goods by setting inflated prices by exporters are among the common methods.”
In a room decorated with intricate tapestries and ornate tapestries, The National attended a tense meeting of businessmen, their faces etched with a mixture of frustration and resignation.
They have banded together to resolve a months-long financial crisis that has escalated beyond the bounds of legality, plunging them into the murky waters of clan diplomacy.
By accessing a government-run platform offering US dollars at the official rate, a businessman lured other traders with a deal promising them huge profits from the spread between official and black market rates, sources involved told The National.
With hundreds of millions of Iraqi dinars in circulation, traders received unexpected cash gains. But as the days and months passed, the businessman found himself unable to pay his debts, leaving the merchants in a precarious situation.
No official complaint was filed against him, and the businessman did not face any trial.
“It is clear that we have reached an impasse,” a representative of the businessman who lives in a neighboring country told the audience, who exchanged wary glances. "We can't continue down this path. It's time to cut our losses."
His proposal hung in the air, and was met with hesitant votes of approval.
Giving up half of the two billion Iraqi dinars was a bitter pill to swallow, but it seemed the only viable option in the face of mounting losses and uncertainty.
The owner of a famous restaurant chain in Baghdad told The National newspaper after the meeting: “We say that whoever loses half his money is not a loser.”
“At least I have half my capital in my hands – better than nothing,” he said.
“There is no business that allows you to hit the jackpot like taking advantage of the exchange rate margin in a short period of time, which is why we invested heavily with him.
He added: "Over the past months, he has been paying us on time, but it seems that he has been having problems recently." link
*************
Mot .... Finally
Mot.... Dang ! -- Beeeeee Careful out dare!!!
KTFA Tues. Night CC: “FRANK26…..6-18-24….PROOF!!!”
KTFA
Tuesday Night Conference Call
FRANK26…..6-18-24….PROOF!!!
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Tuesday Night Conference Call
FRANK26…..6-18-24….PROOF!!!
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Iraq Economic News and Points To Ponder Tuesday Evening 6-18-24
Iraq Economic News and Points To Ponder Tuesday Evening 6-18-24
International Finance: Economic Reform In Iraq Is Witnessing An Increasing Pace And We Have Invested About Two Billion Dollars
Economy Today, 17:24 Baghdad - IA - Wissam Al-Mulla The representative of the International Finance Corporation in Iraq, Bilal Zaghir, confirmed today, Tuesday, that the institution’s investment in Iraq has reached nearly two billion dollars since 2005, while indicating that economic reform is witnessing an increasing pace.
Zaghir told the Iraqi News Agency (INA): “The work of the International Finance Corporation dates back to the year 2005, and over the years we have been able to invest approximately two billion dollars in a wide range of sectors,” noting that “our work in Iraq will extend our belief in the future prospects of Iraq and the acceleration of the pace of reform.”
"This will be reflected positively in creating other investment opportunities in all sectors, whether industrial, infrastructure, or in the financial and banking sectors."
Iraq Economic News and Points To Ponder Tuesday Evening 6-18-24
International Finance: Economic Reform In Iraq Is Witnessing An Increasing Pace And We Have Invested About Two Billion Dollars
Economy Today, 17:24 Baghdad - IA - Wissam Al-Mulla The representative of the International Finance Corporation in Iraq, Bilal Zaghir, confirmed today, Tuesday, that the institution’s investment in Iraq has reached nearly two billion dollars since 2005, while indicating that economic reform is witnessing an increasing pace.
Zaghir told the Iraqi News Agency (INA): “The work of the International Finance Corporation dates back to the year 2005, and over the years we have been able to invest approximately two billion dollars in a wide range of sectors,” noting that “our work in Iraq will extend our belief in the future prospects of Iraq and the acceleration of the pace of reform.”
"This will be reflected positively in creating other investment opportunities in all sectors, whether industrial, infrastructure, or in the financial and banking sectors."
He added, “The International Finance Corporation is the arm of the World Bank that is concerned with developing the private sector by
providing the necessary financing for private sector projects in addition to
providing advisory services.
Therefore, the framework of the institution’s work expands to include a wide range of financial services to all companies operating in Iraq, in addition to providing consulting services". Zaghir continued,
“The IFC’s thinking relates to a group of sectors whose importance we believe and whose importance we share with the Iraqi government, whether
investing in the Iraqi industrial sectors, where they are productive and an alternative to imports, and the second part relates to the
financial sector, both its banking and non-banking parts, in addition to the importance of investing in infrastructure and improving the services provided.” For Iraqis throughout the country,” pointing out that “the main point is our work and encouraging the private sector and working with it.”
https://www.ina.iq/211005--.html
A list of dollar prices in 3 governorates, including Baghdad
Economy | 02:39 - 06/18/2024 Baghdad - Mawazine News publishes a list of exchange rates for the dollar against the Iraqi dinar in 3 governorates, including the capital, Baghdad.
Baghdad: Selling prices: 147,000 Purchasing prices: 145,500
Erbil: Selling prices: 147,000 Purchasing prices: 146,000
Basra: Selling prices: 146,500 Purchasing prices: 145,500
https://www.mawazin.net/Details.aspx?jimare=249889
To read more current and reliable Iraqi news please visit : https://www.bondladyscorner.com/
Provoking Thoughts and Points To Ponder On Adversity:
I think these difficult times have helped me to understand better than before how infinitely rich and beautiful life is in every way that so many things that one goes around worrying about are of no importance whatsoever. - Isak Dinesen
Problems are the price of progress. Don't bring me anything but trouble. - Charles F. Kettering
Trouble is the thing that strong men grow by. Met in the right way, it is a sure-fire means of putting iron into the victim's will and making him a tougher man to down forever after. - H. Bertram Lewis
Every time you meet a situation, though you think at the time it is an impossibility and you go through the torture of the damned, once you have met it and lived through it, you find that forever after you are freer than you were before. - Eleanor Roosevelt
I have always fought for ideas - until I learned that it isn't ideas but grief, struggle, and flashes of vision which enlighten. - Margaret Anderson
I have learned in the great University of Hard Knocks a philosophy that no woman who has had an easy life ever acquires. I have learned to live each day as it comes, and not to borrow trouble by dreading tomorrow. It is the dark menace of the future that makes cowards of us. - Dorothy Dix
Discontent and disorder were signs of energy and hope, not of despair. - C. V. Wedgwood
We say: mad with joy. We should say: wise with grief. - Marguerite Yourcenar
There are some things you learn best in calm, and some in storm. - Willa Cather
Discontent is the first step in the progress of a man or a nation. - Oscar Wilde
Were there none who were discontented with what they have, the world would never reach anything better. - Florence Nightingale
http://famousquotesandauthors.com/topics/adversity_quotes.html
More News, Rumors and Opinions Tuesday PM 6-18-2024
TNT:
Tishwash: International Finance: Economic reform in Iraq is witnessing an increasing pace and we have invested about two billion dollars
The representative of the International Finance Corporation in Iraq, Bilal Zaghir, confirmed today, Tuesday, that the institution’s investment in Iraq has reached nearly two billion dollars since 2005, while indicating that economic reform is witnessing an increasing pace.
Zaghir told the Iraqi News Agency (INA): “The work of the International Finance Corporation dates back to the year 2005, and over the years we have been able to invest approximately two billion dollars in a wide range of sectors,” noting that “our work in Iraq will extend our belief in the future prospects of Iraq and the acceleration of the pace of reform.”
"This will be reflected positively in creating other investment opportunities in all sectors, whether industrial, infrastructure, or in the financial and banking sectors."
TNT:
Tishwash: International Finance: Economic reform in Iraq is witnessing an increasing pace and we have invested about two billion dollars
The representative of the International Finance Corporation in Iraq, Bilal Zaghir, confirmed today, Tuesday, that the institution’s investment in Iraq has reached nearly two billion dollars since 2005, while indicating that economic reform is witnessing an increasing pace.
Zaghir told the Iraqi News Agency (INA): “The work of the International Finance Corporation dates back to the year 2005, and over the years we have been able to invest approximately two billion dollars in a wide range of sectors,” noting that “our work in Iraq will extend our belief in the future prospects of Iraq and the acceleration of the pace of reform.”
"This will be reflected positively in creating other investment opportunities in all sectors, whether industrial, infrastructure, or in the financial and banking sectors."
He added, “The International Finance Corporation is the arm of the World Bank that is concerned with developing the private sector by providing the necessary financing for private sector projects in addition to providing advisory services. Therefore, the framework of the institution’s work expands to include a wide range of financial services to all companies operating in Iraq, in addition to providing consulting services".
Zaghir continued, “The IFC’s thinking relates to a group of sectors whose importance we believe and whose importance we share with the Iraqi government, whether investing in the Iraqi industrial sectors, where they are productive and an alternative to imports, and the second part relates to the financial sector, both its banking and non-banking parts, in addition to the importance of investing in infrastructure and improving the services provided.” For Iraqis throughout the country,” pointing out that “the main point is our work and encouraging the private sector and working with it.” link
************
CandyKisses: Urgent The first official holiday of its kind in Iraq next Tuesday
{Local: Al-Furat News}
On Tuesday of next week, Iraq will witness the first official holiday of its kind in the country.
June 25 falls on the 18th of Dhu al-Hijjah, and will be an official holiday in the Iraqi provinces on the occasion of Eid al-Ghadir, which was recently approved by parliament.
A member of the parliamentary legal committee, Aref Hamami, said that "the holiday will include all Iraqi provinces, including the Kurdistan region" as a federal holiday.
The Alawite holy shrine in Najaf has begun preparations to celebrate Eid al-Ghadir.
It is noteworthy that the House of Representatives voted on the law on public holidays on May 22, which includes about 11 days a year, as well as public official holidays, which are Friday and Saturday, with the authority of the Council of Ministers to cancel the Saturday holiday when necessary.
The official holidays law, which was voted by parliament, includes, Friday and Saturday as official holidays throughout Iraq, in addition to Eid al-Fitr and al-Adha, Labor Day, Eid al-Ghadir, the 10th of Muharram, the first of Muharram, the Prophet's birthday 12 Rabi' al-Awwal, New Year's Day, Army Day 6 of January, Nowruz 21 March, and 16 March was added at the last moment, which is the day or anniversary of the Halabja tragedy.
The law also granted some "dedicated" public holidays, i.e. not public, to minorities, including Jesus, Sabians and Yazidis.
The law also included the deletion of important and detailed occasions in the history of Iraq and Iraqis, including July 14, which is the anniversary of the fall of the monarchy and the founding of the republic, and two important occasions were not included in the law and were deleted, which is December 10, the anniversary of the victory over ISIS, as well as the Iraqi National Day on the third of October, which is the anniversary of Iraq's accession to the League of Nations and its official recognition as a state.
The Day of Ghadir is the eighteenth day of the month of Dhu al-Hijjah of the tenth year of the Prophet's migration, and it is the day on which the greatest Prophet Muhammad (peace be upon him) Ali bin Abi Talib (peace be upon him) was appointed successor after him.
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man All we're looking for now, to some degree, is when are they going show these amendments to be law. We heard different things about the president having to sign, not sign, we have 15 days time frames and people are debating on when that time frame starts - was it June 3rd or was it the day he received it? Do we know the exact day he received it? I don't. But we know our time is short...Once the amendments are passed into law, we'd like to think that prior to that they're going to expose the new real effective exchange rate and probably mention they've done the project to delete the zeros which get you the nominal effective exchange rate.
6-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Oil experts are saying Saudi Arabia did not resign up their agreement to deal oil in US dollars. It was an 80 year agreement...They're telling us Iraqi citizens on our television this will strengthen the local currency. Basically they're saying that it is a float of the Iraqi dinar that is helping us get away from the American dollar so the Iraqi currency will be stronger. FRANK: The next step is to float.
************
BRICS Overtake EU: What Next?
Fastpo: 6-18-2024
In 2024, BRICS+ has significantly expanded its membership, including nations such as Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE.
This expansion enhances the bloc's economic and demographic influence on a global scale. Collectively, BRICS+ now accounts for about 37.3% of the global GDP and represents 46.5% of the world's population.
Before the inclusion of new members, the original BRICS countries had a combined GDP of $27.7 trillion, or 26% of the global GDP.
With the new additions, this figure rises to approximately $30.8 trillion, pushing their share of the global GDP to around 29%.
Moreover, in terms of purchasing power parity (PPP), the expanded BRICS now accounts for over 36% of global GDP, surpassing the G7's share.
This video delves into the contrasting approaches of the EU and BRICS, exploring how the EU's environmental and sustainability initiatives stack up against the economic ambitions of BRICS.
We examine how these differing priorities are likely to shape the future of international economic cooperation and efforts towards global sustainability.