News, Rumors and Opinions Sunday AM 4-7-2024
KTFA:
Clare: Install 1,000 ATMs in cities in the Kurdistan Region by the end of 2024
4/5/2024
The process of registering employees in the Kurdistan Region continues with the “Hasbi” project, which is a digital financial payment system. Employee registration has reached 260,000 people, and 153,000 cards have been issued to those registered.
The regional government said in a statement today, Friday, that by the end of 2024, about 1,000 ATMs will be installed in all governorates, districts and regions of Kurdistan, so that employees can easily receive their salaries.
According to the statement, the number of banks participating in the project is constantly increasing, and so far they are (BBAC - NBI - RT - Cihan - IIB), all of which have been recognized and accredited by the Central Bank of Iraq.
Since last year, as a pilot, Erbil Maternity Hospital employees have received their salaries through the “My Account” banking system.
At the end of last year, the faculties of arts, agriculture, and science at Saladin University received their salaries through the same system. LINK
Clare: A new position from the World Bank regarding the Grand Port of Al-Faw
4/6/2024
Baghdad
The World Bank expected, today, Saturday, that Iraq will enter the global trade route once the large Al-Faw port is operational.
Ibrahim Dajani, Director of the World Bank’s Transport Sector in the Middle East and North Africa region, wrote during his visit to Al-Faw Port, “Once Al-Faw Port is occupied, Iraq will be placed on the path of global trade between the East and Europe, which will provide opportunities for investment in logistical centers and industrial and commercial activities, as it will provide job opportunities.” For young women and men.”
He added, "I am happy with the Iraqi government's decision to enter into a partnership with the World Bank to achieve this important endeavor."
The large port of Al-Faw is located on the Al-Faw Peninsula, south of Basra Governorate. The cost of the project is about 5 billion dollars, with a total area of 54 square kilometers. The capacity of the planned port is estimated at 99 million tons annually, to be one of the largest ports overlooking the Gulf and the tenth largest in the world.
Iraq has completed the construction of more than 60% of an undersea tunnel linking the coastal region to international trade links through what is known as the development road with Turkey.
By the year 2038, Iraq is expected to earn $4 billion from the new port activity, to which indirect revenues will be added, such as transit services through the development road extending to Turkey and Europe, which competes with several global trade lines, thanks to the reduction in time. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat What are the next steps? We know it is the in-country rate needed to support the Project to Delete the Zeros as the next steps and, by design, it is to retrieve all this stashed currency and get it into the banks from the hordes in the Iraqi homes. Common sense then dictates to us that the only way they will be successful in these next steps is to raise the program rate higher over the dollar to create an incentive for this purpose. This will be the second rate change we have been told would occur and have been waiting for. [Post 1 of 2....stay tuned]
Mnt Goat But remember that with these next steps, this is still in the “program” rate and for in-country only. We will still NOT be able to exchange our dinars outside Iraq until the reinstatement which follows the Project to Delete the Zeros... there is much work to be done yet before we go off to the bank to exchange...So now, we are just waiting for the “giant” leap when the CBI gives them the second rate change. This should bring in much if not all the remaining currency back to the banks that they need desperately for the economy. This second rate change should coincide with the project to delete the zeros... [post 2 of 2]
SHOCKING: Yellen THREATENS CHINA Over Trade with RUSSIA
Lena Petrova: 4-7-2024
ALERT! Buckle Up for the Silver Rigging END GAME! $50/oz, $500/oz, $5,000/oz or HIGHER?!
(Bix Weir) 4-7-2024
We don't know how high the price of Silver will rise WHEN the manipulation ends BUT we do know that the price of Silver has been suppressed for over 170 YEARS!
That's a lot of ground to make up and I for one will be HODLing right through the rise!!