Goldilocks' Comments and Global Economic News Tuesday Evening 1-30-24

Good Evening Dinar Recaps,

"China is rallying the Group of 77 developing countries to push for reform of the global governance system which – according to some leaders in Africa, Asia, and Latin America – disproportionately favours the West."

The IMF has a transformative role in our Global Economy. Do you remember all of the article fours that have been taking place since the pandemic began?

Each country around the world has been meeting with the IMF and preparing for a Global shift inside the new economy by getting prepared through Basel 3 requirements in their banking system.

The World Bank and IMF have a crucial role going forward in the implementation of a new BRETTON WOODS 3 agreement. 

Each country that has been meeting with the IMF have been working on creating a self-sustaining government supported by capital requirements and gold that will enable them to become a productive country on a Level Playing Field with the countries they trade with around them.

This will give them a competitive Global Currency Exchange rate capable of allowing them to trade with any country around the world. Modern Diplomacy Cryptopolitan
© Goldilocks
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"Today, the U.S. Department of the Treasury is using powerful tools to protect the Iraqi and international financial system from abuse by terrorist financiers, fraudsters, and money launderers."

The Office of Foreign Assets Control (OFAC) is currently involved with Iraq to make their electronic transactions safe and secure in order that the international banking system will develop a level of trust once again.

With the help of artificial intelligence, the US is currently capable of targeting people and institutions who are abusing the financial system in Iraq. The ability to sanction specific people and targets of interest through artificial intelligence takes us to a much different place than before in our ability to create a safe environment for exchanges in Iraq and those who trade with them.

These new mechanisms will be used all over the world to create specific tools targeting terrorist transactions going forward. We live in a different world my friends.   

© Goldilocks
https://home.treasury.gov/news/press-releases/jy2053

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The Central Bank of Iraq revealed that the US Treasury Department imposed sanctions on Al-Huda Bank of Iraq, attributing the reason to its activities in 2022.

The Central Bank of Iraq stated that the bank did not participate in the foreign currency buying and selling window during the year 2023, stressing that it is continuing to provide its services. Banking without dealing in US dollars and is allowed to deal in other foreign currencies.

Central Bank of Iraq  Information Office   30 -  CBI:  https://cbi.iq/news/view/2509

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The stage is being set. Protections for Iraq to have a "suitable environment for entry into the Global Economy" are continuing to develop.

Do you remember when the CBI said these words? We are bearing witness to them having been said long ago.  These were the words that were said to let us know when they were planning to move back into the international stage.  History is coming full circle and revealing itself to us in so many ways.

© Goldilocks

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BRICS & BITCOIN: THE DUO SET TO DETHRONE THE DOLLAR IN 2024 – MORGAN STANLEY   |   Cryptopolitan

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VeChain, a blockchain industry leader, has set its sights on using Distributed Ledger Technology (DLT) to transform global supply chains. As highlighted in a recent Crypto News Flash YouTube video, VeChain, which specializes in supply chain management systems, uses blockchain technology to provide decentralization, immutability, automation, and transparency to industries throughout the world.
CryptoNewsFlash Link

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In the realm of digital payments, India has witnessed a monumental shift, spearheaded by the Unified Payments Interface (UPI). As of December 2023, UPI recorded a staggering 857 million transactions in the current financial year, a testament to its dominant role in India’s digital payment landscape, commanding an impressive 62 percent market share in FY 2022-23. This surge in UPI transactions is a clear indicator of the country’s move towards a digitalized economy.  Jamaica Observer

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"Futures positioning indicates investors have started to buy China stocks" |  Investing
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BRICS vs G7 Iraq's Position #iqd Exchange Rate | https://youtu.be/fCwYLa0pgmA?feature=shared

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SEC likely to approve spot Ethereum ETFs on May 23: Standard Chartered | The Block

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