China Suspends Debt Repayments for 77 Developing Countries And Regions
by Tyler Durden Sun, 06/07/2020
Even as whispers of a grand debt jubilee grow in the developed world, China on Sunday announced the suspension of debt repayment for 77 developing countries and regions as "the nation is working with other G20 members to carry out the G20 debt relief initiative for low-income countries," the Global Times reported, citing Chinese officials at a press briefing at the State Council Information Office.
The debt moratorium comes after China announced in May it would provide $2 billion over two years to help other countries respond to the impact of the coronavirus pandemic.
Ma Zhaoxu, Vice Minister of Foreign Affairs, said that the fund will be not only include medical supplies, but also support other countries restart their economies and development. Ma made the comment at the press briefing to release the white paper titled "Fighting COVID-19 China in Action."
China's virtue signaling generosity did not end there: Ma added that China is negotiating bilateral aid with recipient countries in need in an equal manner to identify assisting projects to help developing nations improve public health standards, improve their livelihoods and resume their economies.
In short, China is preparing for one massive debt-for-equity swap where China will simply end up holding the equity.
And speaking of taking over, China is doing everything in its power to get all global NGOs on its side, having made made multilateral donations to the World Health Organization of $50 million, and providing assistance to global organizations including the Global Alliance for Vaccines and Immunization.
China also actively assisted in the fundraising event organized by the Solidarity Response Fund of the WHO in China; we can only imagine that's the reason why the WHO transformed into China's PR agency since the coronavirus outbreak.
Central Bank: Talk Of Printing New Currency Is Inaccurate, And The Gap With The Parallel Market Has Decreased To 9%
Baghdad/Iraq Observer The Governor of the Central Bank of Iraq, Nizar Nasser Hussein, confirmed on Thursday that there is no intention to print new currency, describing the news circulating in this regard as inaccurate. He also pointed out that the difference between the official exchange rate and the parallel market rate has decreased to 9%, after it had reached 24%.
Good Afternoon Dinar Recaps,
GLOBAL FINANCIAL RESET WATCH: BANK OF ENGLAND OPENS DOOR TO TOKENIZED COLLATERAL
The Bank of England has launched a consultation that could help financial institutions use tokenized assets more efficiently, marking another step toward modernizing traditional financial markets.
TNT:
Tishwash: The 2027 budget is nearing Parliament... This is its expected arrival date
Member of Parliament Rabie al-Moussawi revealed on Thursday the expected date for submitting the draft federal budget law for 2027 to Parliament, predicting its arrival by the middle of next month to begin discussions.
Al-Moussawi stated, in a statement reported by the Video News Agency, that the government is finalizing the draft budget in preparation for its official submission to Parliament. He noted that the Finance Committee and parliamentary blocs are awaiting its arrival to study its details and financial provisions.
Ariel: XRP and IQD, the Crossborder that Connects
10-29-2026
XRP & IQD: The Crossboarder That Connects (Integration To Acceleration)
Here’s what actually happened today and why it matters more than the noise.
Ripple’s stablecoin went live on the largest US crypto exchange. Retail access. Institutional access. Full XRP ledger support baked in.
Oil Prices Drop On Peace Talk Hopes Despite Gulf Attacks
2026-10-29 Shafaq News Oil prices fell on Thursday, paring gains made a day earlier, as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict.
Brent crude futures declined $1.22, or 1.1%, to $114.10 a barrel at 0351 GMT. US West Texas Intermediate (WTI) crude futures were down $1.33, or 1.3%, at $101.45.
Good Morning Dinar Recaps,
GLOBAL CURRENCY RESET WATCH: AI INVESTMENT BOOM EXPOSES POTENTIAL VULNERABILITIES IN THE U.S. DOLLAR
Record foreign investment in artificial intelligence and U.S. technology assets is supporting the dollar, but a reversal in investor confidence could expose new vulnerabilities in global currency markets.
Rafidain Bank Starts Second Round Of Salary Advances
2026-10-28 02:25 Shafaq News- Baghdad Iraq’s state-owned Rafidain Bank has opened applications for a second round of electronic loans for employees and retirees, the bank said Wednesday. Applicants must receive their salaries through Rafidain Bank and hold a Rafidain card. They can apply through the SuperQi app, a digital financial services platform developed by Iraqi payment company Qi Card, without visiting bank branches. All applications are subject to the bank’s lending requirements.
Ariel:This is Going to be Historic, you all have to Change your Approach Now
10-28-2026
This Is Key
They cannot short the new dinar because the exchange happens programmatically inside the DTCC vault. ( The Depository Trust & Clearing Corporation (DTCC))
They cannot front-run the revaluation because the liquidity is gated through the Ripple trust bank.
They cannot seize the oil assets because the tokenization makes ownership transparent and transferable.
TNT:
Tishwash: President Al-Zaidi discusses with the International Trade Centre support for investment and the development of tourism, agriculture, and the digital economy.
Prime Minister Ali Faleh al-Zaidi discussed with the Executive Director of the International Trade Centre, Pamela Hamilton, prospects for joint cooperation and ways to benefit from the Centre’s expertise in supporting economic and investment development in Iraq.
During his meeting with Hamilton and her accompanying delegation on Tuesday, Al-Zaidi emphasized that Iraq possesses numerous investment opportunities, noting that the government's policy is based on openness to foreign investments and providing facilities and privileges for investors, as well as paying attention to developing the tourism sector.
Good Afternoon Dinar Recaps,
GLOBAL FINANCIAL RESET WATCH: DTCC LAUNCHES TOKENIZATION SERVICE AS WALL STREET MOVES TOWARD BLOCKCHAIN
The launch of a new securities tokenization service by one of Wall Street’s most important financial infrastructure organizations marks a significant step toward connecting traditional markets with blockchain technology.
NESARA GESARA QFS: The Transition Framework
10-28-2026
NESARA GESARA QFS
Telegram 10/27/2026
t.me/Gesara_QFS
NESARA / GESARA — THE TRANSITION FRAMEWORK
• NESARA/GESARA represents a global shift away from debt-driven economics toward fairer financial structures, including discussions around debt relief, tax reform, and sovereign economic control.
Emailed to Recaps~ Thank you David
Reset Intelligence: Bessent Opens Ripple's Conference.
By Reset Intelligence | @EXIT_FIAT
On Tuesday US Treasury Secretary Scott Bessent opened Ripple's Swell conference in Manhattan, the day after Washington chartered Ripple's own national trust bank. He told the room where he thinks the dollar's strength now comes from: "We will keep our military umbrella, but I think more and more it's becoming a technology umbrella."
In the same room sat the firms that hold, clear and settle much of the world's money: CME Group, BNY, State Street and Barclays.
Good Morning Dinar Recaps,
GLOBAL DEBT RESET WATCH: AI FINANCING RISKS COLLIDE WITH AMERICA’S $40 TRILLION DEBT
The enormous cost of artificial intelligence infrastructure is colliding with rising borrowing needs, raising questions about debt sustainability, financial stability, and the future direction of global capital.
System Implosion As Debt Spiral Causes Financial Contagion | Mitch Vexler
Liberty and Finance: 10-27-2026
Mitch Vexler of Mockingbird Properties returns to Liberty and Finance with a stark warning about what he calls a growing bond debt crisis that could threaten the global financial system.
Vexler alleges that trillions of dollars in school district bond debt are unsustainable, arguing that compounding interest and property tax assessments are masking deeper financial problems.
Stern Drew: Trump himself Confessed about Upgrading the Financial System
10-29-2026
Donald Trump Himself Confessed About Upgrading the Financial System
This is not a conspiracy theory anymore!!
He said, “Many Americans are unaware that the current banking system is out of date. Payments are broken. The Crypto Bill will ensure a 21st century upgrade to our banking and financial system using the state of the art blockchain technology.”