Dinar Recaps

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“Bits and Pieces “ in Dinarland Sunday Afternoon 11-17-2024

TNT:

Tishwash:  Iraq, World Bank discuss Advisory Project to Support Reforms

The Iraqi Ministry of Planning held a meeting with the World Bank's Reform, Recovery, and Reconstruction Fund team to discuss a proposal for advisory services and support for implementing selected reform strategies.

The $3.6-million project, funded by the World Bank, aims to enhance transparency and the efficiency of public services through policy advice and strategic implementation support.

Discussions focused on the project's technical aspects and the coordination between governmental agencies and the World Bank. The initiative is structured around three pillars: advancing e-government capabilities, improving public resource management, and providing flexible support for priority reforms. link

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Thirty US companies visit Kurdistan Region, new agreement signed to enhance trade and investment

Kurdish and American companies signed an agreement to enhance coordination in trade and investment, the Kurdistan Region’s Board of Investment announced, on Sunday, during a visit by a delegation of 30 American companies.

In a press conference attended by Shafaq News correspondent, the Head of the Board, Mohammed Shukri, explained that “the American delegation met with Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani before holding a joint meeting at the Erbil Chamber of Commerce.”

The meeting included local business leaders and members of the Board of Investment, aiming to strengthen commercial cooperation and increase American investments in the region.

“Foreign expertise represents a significant opportunity to support Kurdistan’s economic and commercial sectors to achieve further growth,” Shukri emphasized.

“Kurdish and American businessmen agreed to enhance coordination and expand the scope of trade and foreign investments, despite current economic challenges,” he revealed. link

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Tishwash:  Opening of the Unified National Card System at the Iraqi Embassy in the Emirates

Today, Sunday, November 17, 2024, the Minister of Foreign Affairs, Fuad Hussein, inaugurated the unified national card system at the Embassy of the Republic of Iraq in the United Arab Emirates, in the presence of Ambassador Muzaffar Mustafa Al-Jubouri and the Consul General in Dubai and the Northern Emirates, Amad Abdul Hamid.

The Minister of Foreign Affairs stressed in a speech on the occasion, according to a statement by the ministry, received by "Baghdad Today", that: "The opening of the unified national card system represents a strategic step towards developing public services, and embodies the government's commitment to providing the best for every Iraqi citizen."

He explained that "the unified national card is not just an official identification document, but rather a symbol of the unity of Iraq and the cohesion of its people. The system aims to facilitate procedures for citizens, ensuring that they obtain services efficiently and quickly, without suffering."

For his part, the Iraqi Ambassador to the UAE, Muzaffar Mustafa Al-Jubouri, praised the “great efforts made by the Ministry of Foreign Affairs, headed by Minister Fuad Hussein, in cooperation with the Ministry of Interior, headed by Minister Abdul Amir Al-Shammari, to achieve this important project.”

He stressed that "this step comes in response to the needs of the Iraqi community abroad, which aspires to modern and effective services that strengthen its connection to the homeland," adding that "the project places the Iraqi citizen abroad at the heart of the priorities, which provides him with easy access to distinguished services."

At the end of the ceremony, the Minister of Foreign Affairs conducted an inspection tour to see the work of the system, where the specialized team sent by the Ministry of Interior provided a brief explanation of the mechanism for issuing the unified national card.

For their part, a group of Iraqi community members present expressed their thanks and appreciation for the consular services provided by the embassy, ​​praising the facilitation of their official transactions and the strengthening of their communication with their mother country.  link

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

Walkingstick  Billboards with lower note pictures and explanations about them, if that was true, if that had any possibility, then the moment that would happen would cause...there cannot be a gap between when they show it and when they release it [the rate] IMO.  Once they show [them], the time frame for them to release it [the rate] would have to be extremely short.  There should be no gap between the two events.  It should be simultaneously.  

Mnt Goat  ...if you take the monetary mass of Iraq then do the math of the about 150 tons of acquired gold in their reserves, you can easily see that when they shrink the monetary mass, these reserves could cover the entire monetary mass of dinars in circulation. WOW!  Yes, it could potentially cover 100% not just a percentage of the dinars in circulation, if all goes according to plan...Isn’t this then the financial “stability” that the CBI keeps telling us it needs to conduct the project to delete the zeros?

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Countdown to the Next Great Depression (It Could Happen Sooner Than You Think)

Taylor Kenny:  11-17-2024

Discover the five crumbling pillars propping up the global financial system and the risks they pose to your wealth. From mounting global debt to overvalued assets and rising geopolitical tensions, these threats are accelerating toward a financial reckoning.

CHAPTERS:

 00:00 The crumbling financial system's faulty foundation

00:40 Pillar 1: Global debt explosion

01:17 The debt-to-GDP ratio crisis

 02:33 Pillar 2: Banking sector vulnerabilities

 03:09 Derivative exposure and shadow banking risks

 05:00 Pillar 3: Overvalued equities and assets

 06:11 Pillar 4: Corporate debt crisis

 07:21 Pillar 5: Rising geopolitical tensions

09:38 The potential for hyperinflation and currency reset

10:17 Why waiting to act is not an option

https://www.youtube.com/watch?v=rHHVj6HU4L0

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