News, Rumors and Opinions Friday AM 8-27-2021
Holly Thursday Night RV Update
Update: I will not have an update tomorrow as I will be traveling. I am gone till Wednesday. I will not do any updates during that time, but if we have news I will let you all know.
For those who are in other countries who have a difficult time understanding my daily messages I will break it down:
I have consistently said we are waiting for an event to trigger this Rv.
We are waiting for the release at our level now.
This can happen at any moment for the release and the event.
All is imminent and we are in the now moment.
Holly
Courtesy of Dinar Guru
Frank26 Article: "Al-Kazemi's advisor reveals the goals of his visit to Kuwait: Attracting investment in the foreground" The international world pours into Iraq because of a sanctioned program rate for their currency...NOT!!! They know what you do not know...two years ago they did not pour in. Last year they did not pour in. This year you can't stop them... The Financial system = The economic prosperity!
Breitling Question: "With all the turmoil this past week, the US pulling out of Afghanistan and now the Taliban is in charge...How does this impact Iraq coming into the international market and potential revaluation of the Iraqi currency?" If Iraq stays in the favor of the United States and favors its markets, it's going to be fine. Even with a little turmoil coming from Iran because they're in Iraq already. It's not the type of threat people think it is for Iraq or the currency.
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KTFA:
Samson: The Arab Monetary Fund (AMF) announces a memorandum of understanding with Visa to support the growth and efficiency of cross-border payments between the Arab Region and Global Markets
27th August, 2021
Setting the foundation for interoperability between Buna and Visa and enabling innovative payment options for financial institutions
Abu Dhabi 26 August 2021: The Arab Monetary Fund (AMF) and Visa, announced today the signing of a Memorandum of Understanding (MoU). Under the terms of this MoU, Visa and Buna (The Regional Payment Platform owned by the AMF), will set the foundation for mutual beneficial interoperability and a solid partnership that aims to enable additional rails of money transfer across the two systems, supporting the growth and efficiency of cross-border payments between the Arab region and the rest of the world.
Buna and Visa will collaborate to offer their network of participants and member banks respectively, a quick, efficient, cost effective and secure channels to execute cross-border payments in Arab and International currencies, enabling diversified pay out options.
Both Buna and Visa will build on their strong capacities and value propositions, to cater to the growing financial needs of the Arab region, and design optimal solutions that can unlock sustainable opportunities in the payment industry. This partnership represents a strong testimony of Buna’s and Visa commitment towards serving the regional and global financial ecosystem and paving the way for efficient and innovative cross-border payments.
Commenting on this event, His Excellency Dr. Abdulrahman A. Al Hamidy, Director General Chairman of the Board of the Arab Monetary Fund, stressed on the strategic aspects of such partnership and the added value it delivers for the regional and global financial community.
H.E Dr. Al Hamidy said: “Buna and Visa partnership is in line with our strategic approach to join forces with international institutions that share with us the same vision to contribute to the development and growth of the payment industry across the Arab world and globally. With this initiative, Buna continues to develop and grow its diversified pool of innovative solutions, providing its participant banks additional safe and credible channels to broaden their cross-payment capacities, implement innovative business models and better serve their clientele.
Both Visa and Buna will capitalize on this partnership to deliver joint cross-border payment products and services that are risk controlled and with broad coverage and extended availability to better serve the diverse needs of the financial and payment community in the Arab region and beyond.”
Dr Saeeda Jaffar, Group General Manager for GCC, Visa expressed her pleasure on the MOU and commented, “This MOU reinforces Visa’s commitment to support the evolution of the Arab region and the vital role digital payments plays in this sphere.
We believe that driving adoption of real time payments can be enabled through value added services, and our vision is to support our clients to promote more innovative real time payments use cases to benefit customers in the region who are looking for industry leading money transfer and cross border solutions. We are looking forward to working with Buna and related stakeholders in the implementation of this project.”
Buna, is a cross-border payment system owned by the Arab Monetary Fund, aiming to enable financial institutions and central banks in the Arab region and beyond to send and receive payments in local currencies as well as key international currencies in a safe, cost- effective, risk-controlled, and transparent environment.
Buna offers participants modern payment solutions that comply with international standards, principles, and compliance requirements.
Thanks to its cross-border payment system Buna contributes to exploring and strengthening opportunities for economic and financial integration in the Arab region and supporting investment ties with the global trading partners. Buna welcomes the inclusion of all banks that meet the criteria and conditions for participation, primarily the standards and procedures of compliance aspects. LINK
One of the Greatest Speeches Ever | Steve Jobs
Oct 21, 2020
Steve Jobs delivers an inspirational speech. Listen to the end for the most life changing quote of all-time. Don't let anyone ever tell you that you cannot achieve your dreams.
You will be inspired and motivated to go out there and achieve your goals. I hope you all enjoy this motivational video. :)