Delta, PIR, Pimpy and more Monday Afternoon 7-13-2020
KTFA:
DELTA: THANK YOU SAMSON FOR THE HARD WORK .....GREAT HUGE ARTICLE....
Samson: The Iraqi Central Bank discusses linking banks to the multi-currency "structures" platform LINK
Samson: The central bank participates in the Bani platform
13th July, 2020
The Central Bank of Iraq announced, Monday, that it will organize and in cooperation with the Arab Monetary Fund this morning, a workshop for banks operating in Iraq to participate in the "structures" platform for Arab payments
The bank added in a statement, "Economy News" received a copy of it, "This comes after the announcement of the launch of a platform for Arab payments of the Regional Corporation for the clearing and settlement of Arab payments, which is managed by the Arab Monetary Fund, and preparations are made for this bank and a number of local banks for direct participation in Platform
The statement pointed out, that "the workshop will discuss the work of the proposed plans of banks and address the technical requirements and the steps required to ensure that facilitate linking them to see how the platform and the readiness of banks to it
That the "platform built represents a multi - currency payment platform provides clearing services and settlement currencies Arab and international currencies in which the eligibility requirements are available, for clearing and settlement of financial transactions intra - Arab as well as financial transactions between the Arab countries and trading partners presidents of Arab countries
He continued: "The platform also aims to enable financial and banking institutions in the Arab region, including central and commercial banks, to send and receive inter-payments in all parts of the Arab region and outside in a safe and reliable manner at an appropriate cost and high efficiency, in addition to that the Beni platform provides the participants with payment solutions Hadith conforms to international standards, principles and international compliance requirements
Showed that, "In the economic and financial integration opportunities in the Arab region , it is where it effectively contributes to support investment ties with Arab countries in various continents trading partners.
It will be the platform available to all banks that meet the criteria and conditions for participation, and in the forefront of standards and procedures Compliance aspects. LINK
Samson: China imposes sanctions on US officials
7/13/2020
China imposed sanctions on US officials and entities in the United States, including Republican Senator Marco Rubio, in response to the sanctions imposed by Washington on senior Chinese officials.
Hua Chunying, a spokesperson for the Chinese Foreign Ministry, revealed the sanctions during a press briefing Monday, explaining that sanctions were imposed on US officials and entities in the United States, in response to the sanctions imposed by Washington on senior Chinese officials for alleged human rights violations. Against the Muslim Uyghur minority.
This comes in response to the sanctions imposed by the United States on Thursday, based on the so-called "Magnetsky Global Law", on four high-ranking officials and a security establishment in the Xinjiang China Autonomous Region, on the grounds of their involvement in human rights violations, especially against the Muslim Uyghur minority. LINK
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Courtesy of Dinar Guru
Pimpy ...the articles that I'm seeing are showing me that there's a lot of preparation getting done before Al-Kazemi's visit over here into the United States...we see the World Bank is there...they're most likely going to be the people that pull the trigger on a rate change...but we need to get the green light from...the United Nation once again recognizing the sovereignty of Iraqi people and the restrictions moved off their money. We will be eyeballing that. But first we have to get their sovereignty reinstated. That's what we're waiting for...
Patriot Intel Report
PIR 07 13 20
We have an interesting report that came from Singapore.
Singapore’s Block Chain payments program is ready for commercial launch.
The monetary authority in Singapore is ready to deploy a multi- currency blockchain payments project for commercial use..
This is part of the Quantum financial System, and they are going t be able to process multi currency payments out of Singapore. In a real-time manner.
It says “ Singapore authorities announce today that their blockchain payments project UBIN is complete for commercial launch. The monetary authorites of Singapore first undertook the project in 2017 with plans to first develop a digitized Singapore dollar (SGT) . The next steps involved exploring blockchain ledger technology to build a system for the clearing and settlement of payments and securities using digital SGT’s “.
So, they have successfully developed this payments network and launching it….this is good news. And again, this is part of the Quantum Financial System and evidence of things that are happening behind the scenes.
Iraqi Dinar News 07/13/20 - WOW two major announcements
Pimpy’s Investment Chat: Jul 13, 2020