News, Rumors and Opinions Sunday 6-13-2021
KTFA:
Samson: Cuba suspends acceptance of bank cash deposits in dollars
11th June, 2021
Yesterday, Thursday, the Cuban Central Bank announced the suspension of accepting cash deposits in dollars as of June 21 (June), stressing that it is a "protection" measure against the backdrop of the ongoing US embargo.
The Central Bank said, in a statement, that "Cuban financial and banking institutions will temporarily stop accepting cash deposits in dollars." He added that deposits in other currencies "are still acceptable, as are bank transfers in dollars."
Carlos Fernandez de Cosio, head of the Americas Department at the Cuban Foreign Ministry, said it was an "unavoidable and indispensable" measure because of the US embargo.
Since 1962, the island has been subject to a blockade that makes dollar exchange difficult. It has tightened during the era of former US President Donald Trump with more than 240 new measures that are still imposed since the current President Joe Biden took office.
The Central Bank explained that the national banking system is facing more difficulties in dealing with international banks through dollar deposits on Cuban soil, due to the embargo.
The central bank statement said, "We have reached a situation in which it is becoming increasingly difficult to find international banking or financial institutions that are ready to receive, convert, or exchange US currency for other currencies." He added that the duration of this measure "will depend on whether the sanctions that prevent the export of US dollars will be removed."
In November 2019, Cuba opened stores where payments are made exclusively in US currency in order to collect dollars transferred to Cuba by Cuban expatriates living abroad, especially in the United States.
TNT:
Tishwash: Al-Rasheed Bank begins installing ATMs in a number of government departments
Al-Rasheed Bank announced the start of setting up ATMs in a number of government departments in Maysan Governorate.
The media office said in a statement today: "The departments in which the monument has been completed are (Maysan Child and Maternity Hospital, Martyr Al-Sadr Teaching Hospital, Maysan Facility Protection Directorate and Maysan Health Department) and work is continuing to complete the implementation of what was set in the bank's plan." link
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Courtesy of Dinar Guru
MilitiaMan Why is the world Bank so giving now? "With regard to the role of the World Bank in improving Iraq’s economy, Numan stated that “the Bank is working with the Government of Iraq to implement the reform items that it has drawn up, and we are working through all our projects to approach the economic crises that we have previously identified, and all the projects we undertake are within the framework of supporting the paper White reform. He pointed out that "Iraq has drawn up a policy to improve the country's economic reality by adhering to the reform white paper approved by the Council of Ministers, and work has begun to implement its contents."…. There you go. They are implementing the WPs [White Papers]…
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Keiser Report | Summer Solutions: The World Becomes a Bigger Place Again | E1709
Jun 12, 2021
In this fifth episode of Keiser Report’s Summer Solutions 2021 series, Max and Stacy chat to James Howard Kunstler of Kunstler.com about the Fourth Turning of a rotting empire facing a Thucydides Trap.
They look at the reversal of growth leading to a situation where there is not enough surplus wealth to service the debt and so we have a system in which debts are never expected to be repaid.
The withering and reorganizing of international trade is underway as a consequence and hindering the ability of the US to project economic domination.
And, finally, they examine the woke hysteria leading America down the path of idiocracy.
Iraqi Dinar update for 06/12/21 - from 3 years to 1
Pimpy’s investment Chat: Jun 13, 2021
https://www.youtube.com/watch?v=V_nrgTV8hyghttps://www.youtube.com/watch?v=V_nrgTV8hyg