More News, Rumors and Opinions Saturday PM 6-15-2024
KTFA:
Clare: FROM FRANK: FRANK WANTS TO ASK ALL OF YOU ONE QUESTION... WHY IS SUDANI PUTTING THOUSANDS OF NEW ATM MACHINES ALL OVER IRAQ RIGHT NOW?
Clare: Withdrawing has become easier.. Al-Rafidain begins deploying ATM machines in institutions and malls
6/14/2024 Baghdad –
Today, Friday, Rafidain Bank began deploying ATM machines in its main branches, then institutions, commercial areas, and malls.
The bank stated in a statement, a copy of which was received by the 964 Network:
Al-Rafidain Bank begins deploying ATM machines in its main branches, and then institutions, commercial areas, and malls, respectively, in implementation of its strategic objectives in enhancing the spread of the bank’s services in accordance with Al-Rafidain’s strategy to enhance financial inclusion and provide the best services to its customers.
Media Office of Rafidain Bank LINK
Ashley: To fill them with "new lower currency" (word to Eddie lol) and begin introducing said new lower currency to the citizens visually via broadcastings, then physically while simultaneously adding value/purchasing power. IMO
Carol: If he’s bringing out new ATMs it’s because of the new electronic system they are going to and for the lower notes he’s bringing out. And some of the banks didn’t get the new ATMs last time because they were under sanctions at that time. All of this in my opinion. And thank you Frank for asking that question.
Dinarling: IMO to reach more citizens, easier way to access old notes by converting to new notes and conveniences on the receiving of new notes and gathering of the old notes for the masses imo
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6/15/2024 Baghdad -
Prime Minister Muhammad Shiaa Al-Sudani directed, today, Saturday, the Ministry of Finance to finance projects in Dhi Qar Governorate in the amount of 50 billion dinars.
The Prime Minister's Media Office said in a statement - received by the Iraqi News Agency (INA) - that "Prime Minister Muhammad Shia' al-Sudani received the head of the Dhi Qar Governorate Reconstruction Fund, Muhammad Jawad al-Zaidi."
The statement added, "During the meeting, Al-Sudani listened to a detailed explanation of the most prominent projects included in the Fund's plans in the governorate since its establishment, and a review of completed and lagging projects."
The statement continued, "Al-Sudani directed the Ministry of Finance to finance projects in the governorate at an amount of 50 billion dinars. He also directed that work on the projects be two shifts, and that a specialized consultant be present for the fund's work."
The statement continued, "The Prime Minister stressed the necessity of investing the fund's money in development, service, and investment projects that suit the needs of citizens, and provide sustainable job opportunities for the people of the governorate, and in accordance with the priorities of the government program." LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 They went on televisions and they're showing us...Rafadin Bank...brought in all of this equipment...It's in these crates. They're telling us they are deploying the latest ATM machines in all banks today. They said the next step they would follow up with are the commercial areas...They also said they're going to release all of these ATM machines in malls and many other locations. They're saying these ATM machines have the latest technology and are state of the art. FRANK: These ATM machines have the new software...for the lower notes and that's why the CBI is positioning them for you right now.
Mnt Goat ...Just look at all the progress made just since December 2022 when Iraq announced they were finally entirely out of Chapter VII. And now the spigot is wide open...the final issues preventing the reinstatement are being dealt with one by one...my contact in the CBI told me there is a very high probability that we would see the currency swap out in this month of June and so we watch and wait.
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Lena Petrova: 6-15-2024
The FDIC Warns Your Deposits May Not Be Safe, Massive Red Flag For Depositors
Atlantis Report: 6-15-2024
The FDIC has recently warned depositors that their funds may not be as secure as previously believed. This alarming statement has sent shockwaves through the financial world, prompting individuals and businesses alike to question the banking system's stability.
The FDIC, the Federal Deposit Insurance Corporation, has sounded the alarm bells, cautioning all depositors that their deposits may no longer be as safe as they once believed.
This warning from a regulatory body tasked with ensuring the banking system's stability raises significant concerns for depositors and investors alike.