"Tidbits From TNT" Thursday Morning 2-23-2023
TNT:
Tishwash: Australia expresses its desire to "bridge cooperation" with Iraq
Today, Thursday, Australia expressed its desire to build bridges of cooperation with Iraq.
The media office of the Prime Minister, Muhammad Shia Al-Sudani, said in a statement received by (Baghdad Today), that the latter received today the Australian envoy, Nick Warner, to discuss ways to develop joint cooperation between Iraq and Australia in several fields.
The statement quoted Al-Sudani as saying, "Iraq is looking forward to more development cooperation and establishing partnerships in the economic, cultural and investment fields, and in the field of facing climate challenges."
For his part, the Australian envoy expressed his country's desire "to build bridges of cooperation with Iraq in various fields, in a way that enhances the interests of the two countries in development and prosperity link
TNT:
Tishwash: Australia expresses its desire to "bridge cooperation" with Iraq
Today, Thursday, Australia expressed its desire to build bridges of cooperation with Iraq.
The media office of the Prime Minister, Muhammad Shia Al-Sudani, said in a statement received by (Baghdad Today), that the latter received today the Australian envoy, Nick Warner, to discuss ways to develop joint cooperation between Iraq and Australia in several fields.
The statement quoted Al-Sudani as saying, "Iraq is looking forward to more development cooperation and establishing partnerships in the economic, cultural and investment fields, and in the field of facing climate challenges."
For his part, the Australian envoy expressed his country's desire "to build bridges of cooperation with Iraq in various fields, in a way that enhances the interests of the two countries in development and prosperity link
CandyKisses: Arab Parliament Union Conference Opens in Baghdad
Baghdad Today - Baghdad
.Baghdad Today- Under the auspices of the Arab Parliamentary Union, the work of the preparatory and consultative committees for the thirty-fourth conference of the Union, "Arab Support for Promoting Iraq's Stability and Sovereignty", will begin in Baghdad, today, Thursday, in preparation for the official meetings that will be hosted by the government palace in the center of the capital on February 25 and 26
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Tishwash: Adoption of the Chinese yuan with Beijing... anticipation of the consequences of the Iraqi decision and a warning against “devious attempts”
In a remarkable statement , the Central Bank of Iraq announced, on Wednesday, a plan to allow trade with China in Chinese yuan instead of dollars, in an apparent attempt to improve access to foreign currency and reduce dependence on the dollar, as the government says, while observers warn of "attempts twisted" that smugglers might exploit.
The bank said in its statement, "The financing of foreign trade from China will be organized directly and in the Chinese yuan currency through two options. The first is strengthening the balances of Iraqi banks that have accounts with Chinese banks in the Chinese yuan currency. Chinese yuan through our accounts with JPMorgan and the Development Bank of Singapore.
He said that facilities for financial transfers will be provided to the United States and Europe, using the same mechanism later.
However, the third point in the statement, which indicates that the documents required to apply for external financial transfers will consist of “a commercial (invoice) list only, or the initial documents of credit, provided that the customer later provides the bank with evidence of the entry of the goods.”
Salem al-Asadi, an economist and businessman, says that this mechanism "can be easily circumvented."
And he adds to the "Al-Hurra" website that the bank "seems to be opening an outlet for the same old practices that relied on forged import receipts to smuggle currency after the US compliance instructions closed this outlet."
The imposition of compliance instructions by the US Federal Bank and the US Treasury led to a crisis in providing dollars in Iraq, which greatly affected the market, which relies almost entirely on the dollar in its trading.
On Saturday, US Secretary of State Anthony Blinken confirmed his country's readiness to support Iraq's efforts to achieve stability and growth in the country's economy, including by combating corruption and money laundering.
Blinken's assurances came during his meeting with the Iraqi Prime Minister, Muhammad Shia' al-Sudani, on the sidelines of the Security Conference in Munich.
Iraq is witnessing a financial crisis related to the shortage of foreign currencies in the local markets, which led to a decrease in the price of the Iraqi dinar in the parallel market, despite the increase in its official value at the Central Bank.
The compliance instructions aim to counter the risk of currency smuggling from Iraq, a practice that usually takes place by presenting receipts for the purchase of counterfeit goods to the bank and obtaining the dollar at the official subsidized rate, then taking the dollar out of Iraq and selling it at its original price.
Washington believes that Iran, which is under sanctions that limit its access to dollars, is the beneficiary of this process.
The economic advisor to the Iraqi government, Mazhar Muhammad Salih, said that this is the first time that imports from China are financed in yuan, as Iraqi imports from China were financed in US dollars only.
The move is the latest sign of the yuan's growing role on the international stage as China gradually opens up its financial markets and some countries look to diversify their exposure to the currency.
Saleh told Al-Hurra that the move is logical because of "the superiority of trade between Iraq and China compared to other countries in the world."
He revealed that "import and export trade of goods and services exceeds $53 billion annually, as China is Iraq's first trading partner."
He continued, "Because the Central Bank of Iraq is diversifying its reserves in foreign currency, including the Chinese yuan, it will undoubtedly feed Iraqi bank accounts with Chinese correspondent banks in the Chinese yuan currency for the purposes of meeting the requirements of Iraqi imports from China and paying their dues in Chinese currency."
Saleh says, "The second package launched by the Central Bank (Wednesday) regarding external transfer instructions will help bring exchange rates in the parallel market closer to the official rate, perhaps by more than 50 percent, immediately, and with the submission of compliance documents provided by Iraqi banks on behalf of their customers." From importing merchants and the increasing launch of facilitated external transfer packages, especially that of assistance to small trades, the exchange rate gap will undoubtedly close in the coming days at an accelerated rate.
And he played down concerns about the expected smuggling operations by saying that "international compliance standards through the central bank platform will regulate the financing of trade exchange with China similar to financing in dollars in terms of identifying the last beneficiary." link
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Tishwash: Iraq Pivots to Yuan for China Imports in Defense of Own Currency (bloomberg)
Iraq is planning to pay for private-sector imports from China in yuan, injecting foreign currency into the financial system to help ease pressure on the dinar.
The central bank will provide yuan to local lenders for dealings with Chinese counterparts, according to a statement published Wednesday. It will also supply the Chinese currency to final beneficiaries directly via some of the central bank’s own accounts.
OPEC’s second-biggest producer is joining the Middle East’s leading economies, such as Saudi Arabia and the United Arab Emirates, in exploring non-oil trade ties using currencies other than the dollar. The central bank said in the statement that it later aims to facilitate money transfers to the US and Europe in the same manner as with China.
The measures won’t extend to Iraq’s oil trade, said Mudher Saleh, the prime minister’s financial adviser. “This is covering the imports of the private sector,” he said.
China, which has been pushing the yuan’s use in transactions with major energy and commodity exporters, was Iraq’s main source of imports after Turkey last year, according to data compiled by Bloomberg.
Steadying the Currency
In Iraq, the steps mark the latest effort by authorities to stabilize the national currency after revaluing it earlier this month to 1,300 per dollar from 1,460. The move helped shore up the dinar’s parallel exchange rate but without narrowing the spread completely.
On Wednesday, the dollar was available on the unofficial market at about 1,530 dinars, from a peak around 1,700 earlier this year.
Iraq has experienced dollar shortages after coming under pressure from the US to limit the flow of money into neighboring Iran, with the New York Federal Reserve last November imposing tighter controls on dollar transactions by Iraqi commercial banks.
As a result, transfer approvals slowed and ultimately led traders to buy dollars from exchange bureaus. Iraq’s foreign currency reserve of $103 billion is held at the US Federal Reserve. link
Mot: ....... Clever He Is!! ~~~~~
Mot: Yard sales are great……..
News, Rumors and Opinions Thursday AM 2-23-23
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 23 Feb. 2023
Compiled Thurs. 23 Feb. 2023 12:01am EST by Judy Byington
Judy Note: The Global Currency Reset to gold/asset-backed currencies has never been closer to completion; the Global Economy is crashing; Central Banks across the globe were closing and the head of the Cabal – the Rothschilds – have delisted from the Stock Exchange.
The Economy Is Crashing Even Faster Than A Lot Of The Experts Had Anticipated
Rothschild and Co. to Delist from Stock Exchange: Rothschild & Co to delist from stock exchange | Delano News
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 23 Feb. 2023
Compiled Thurs. 23 Feb. 2023 12:01am EST by Judy Byington
Judy Note: The Global Currency Reset to gold/asset-backed currencies has never been closer to completion; the Global Economy is crashing; Central Banks across the globe were closing and the head of the Cabal – the Rothschilds – have delisted from the Stock Exchange.
The Economy Is Crashing Even Faster Than A Lot Of The Experts Had Anticipated
Rothschild and Co. to Delist from Stock Exchange: Rothschild & Co to delist from stock exchange | Delano News
Global Currency Reset:
Wed. 22 Feb. MarkZ: The Iraqi Dinar has been removed off of all sanctions and was expected to move it’s rate within hours. Last night Bond Holders were told to check in after one pm EST today. I am hearing from some huge Zim groups ….obscenely huge groups….that they are expecting payout roughly to start this Saturday 25 Feb. Sources say the NESARA rollout has been moved from Fri. 24 Feb. to Wed. 1 March.
Wed. 22 Feb. RV Update, Okie (not Okie Oilman) via Twitter: “There is much money being moved around in the Market Place in preparation for the gargantuan money transfer of wealth. Watch the Markets closely. The rates are hot and live. It’s being monitored. In my opinion the new rates could post anytime from now to any day from now, to the next 48 hours. Most probably this will happen sooner than later. No one knows the rate or date but a small chosen handful. We are look’in good. All positive. No negatives. Bank Employees cannot see Back Corporate Screens, or Back Central Bank Screens. That’s why banks have chosen to deny that there would be new IQD Rates and a revaluation of currencies. They would have no employees left. Employees would be on the “other side of the counter.”
Tues. 21 Feb. RayRen98: “I’m receiving info indicating that memos have gone out to the banks to get ready for a rate change.”
Mon. 20 Feb. a High Up Contact: “The wheels are turning and the process is moving, but at a pace slower than a turtle. All the militaries throughout the world have their money because they have to keep any war from getting started. All 209 countries have signed a peace treaty and everything was ratified so in that respect, GESARA will happen. On Wed. 22 Feb. a small amount of monies will be paid out to certain people in Tier 3. In about two weeks, or around Wed. 1 March, substantial funds would be paid out.”
Mon. 20 Feb. Update from a Sovereign to Bob Dunn, a Global Intake Officer for a Global Trade Platform: (Dunn believes this is for real): “We have officially begun. USA Inc. is officially done now: All countries transitioning over to Nesara/Gesara, Republic’s & their own gold backed currencies. Sovereign contracts have started. DOD, Reno, Zurich, UST liquidity will begin Tues. 21 Feb, although all monies have been released. Next week will absolutely be the week we all receive our blessings. No turning back, no more waiting. Here we go!!”
Sat. 18 Feb. Ginger via Wolverine: “Tier 1 and 2 Paymasters have received funding and they are ready to roll. The Intel these folks are getting is all very positive and they are saying that next week could be monumental. Our notifications – if happening next week – could also be quickly following a “significant arrest” of someone high up.”
Andy Schectman reveals that not only are countries returning to the use of gold as money, but States in America are also introducing proposals and bills to reintroduce gold as constitutional money. https://dinarchronicles.com/2023/02/21/dr-kia-pruitt-w-andy-schectman-countries-and-states-return-to-gold-as-money/
Read full post here: https://dinarchronicles.com/2023/02/23/restored-republic-via-a-gcr-update-as-of-february-23-2023/
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Courtesy of Dinar Guru
Militiaman 2023 budget which is scheduled possibly for as early as Thursday. It's coming together because they're [HCL, budget, etc] all exchange rate oriented. If they're on the Swift system and they have calculated a new exchange rate and that needs to be put into the spreadsheet to populate it to get to facilitate/get this going - it's possible that could be happening in a very short period of time...everything to me is powerful. I'm very excited.
Walkingstick [via Frank26] They will continue to talk to the citizens about the monetary reform. They talk to them all the time and they are now talking about the 2nd stage of the monetary reform where they will include the currency reform education. This is completely different. It is not the monetary reform and it is not the economic reform, it is the currency reform that is allowing this to float inside of the country and then outside. This is exactly what they are talking about now everything else does not matter...only currency reform education.
RV-GCR News: Are Indian Rupee, Russian Ruble, Dinar, Gold, Silver Wise Investments? Follow the Money
Dr. Kia Pruitt: 2-22-2023
NESARA is here! This includes the Global Currency Reset (GCR) and Revaluation of Currencies (RV).
When you follow the money, you see that the whole world is preparing to embrace NESARA-GESARA and their currencies are revaluing.
When the dollar plunges and all dollar denominated assets plunge to near zero, some say that it is wise to consider alternative investments.
China Accelerates Dumping US Treasuries
Heresy Financial: 2-22-2023
Globalization is continuing to lead to de-dollarization and China is leading the charge here as they've just dumped a new record of U.S. Treasuries.
Timecodes
0:00 Video Introduction
0:11 How Does a Country Indicate De-Dollarization
2:20 China Selling U.S. Treasuries 4:44 Economic Conditions Cause China Cash Injection
5:32 Gold and Silver Course
5:52 China Trying to Cut Their Dependence on the Dollar
Wednesday Evening Chat with MarkZ 2-22-2023
Wednesday Evening News with MarkZ 02/20/2023
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Evening One and All
Member: Hoping 1 pm bond holders check in went extremely well today
MZ: Its been a pretty dry news day today.
Member: Even with the quiet today…..seems we are SO CLOSE!!!!!!!!
MZ: We had tremendous stuff from Iraq this morning …The bond folks were told this afternoon with their updates that they need to stay in place…This is a day to day situation. That each day they are attempting to flip that switch. I believe this is accurate.
Wednesday Evening News with MarkZ 02/20/2023
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Evening One and All
Member: Hoping 1 pm bond holders check in went extremely well today
MZ: Its been a pretty dry news day today.
Member: Even with the quiet today…..seems we are SO CLOSE!!!!!!!!
MZ: We had tremendous stuff from Iraq this morning …The bond folks were told this afternoon with their updates that they need to stay in place…This is a day to day situation. That each day they are attempting to flip that switch. I believe this is accurate.
MZ: I do have a couple contacts on the military side that believe Nesara will not go into FULL affect until March 2nd….This doesn’nt mean we can’t have already started going to the banks at all. I believe we may have already had appointments if they are going to meet that goal of announcing Nesara to the public.on the second.…….. I’ts only a week away.
Member: What is a whale?
MZ: Somone with a large amount of currency….they have invested hundreds of thousands to invest in foreign currencies. Some have spent millions investing in foreign currencies.
Member: What is a minnow?
MZ me….lol
Member: Question-MilitiaMan refers to the new banking system as the Swift system…sounds iike cabal to me.
MZ: Basically they are talking about the 9022 protocol….some out there call is SWIFT 2. Because it is faster and more efficient. Butm calling it SWIFT causes a lot of confusion. But a lot of people in the financial world call it that as it is the only financial system they have known. It is very confusing but do not be worried about it.
Member: Mark, what are your thoughts on timing….after 26 years of waiting this is getting really old.I believe we are closer. But are we as close as I think we are?
MZ: I know it has gotten old…but I think we are as close as you think we are. I know the inevitability…I know we get to cross the finish line. This system will implode and when it does…history tells us we go to a commodities based system.
MZ: When we go to commodities.. what countries have we bought currency from? Countries with tremendous commodities. We are going to do great.
Member: Frank 26 was very emotional tonight about how long this has taken now that we're on the threshold and how many people have died along the way.
Member: Frank26 did a fantastic educational livestream today…he is wearing red…for intel is “red hot” tonight
Member: (From Dinar Guru) Mnt Goat The news from Iraq this period is all very good and moving in the direction that we could possibly see the reinstatement soon. I do not have a date sorry! All these efforts they are now taking for electronic banking, Point of Sale, electric grid, 2023 budget, etc. projects are all part of the equation leading Iraq’s monetary system to where it needs to go... just relax and let the process work its way through...
MZ: Mountain goat is dead spot on …..We heard so much good news from Iraq in this mornings podcast. We know its happening….its underway…..we just do not know the exact date.
Member: How do the bankers know what the rates will be?
MZ: Most are basing their speculation on what they are seeing on screens….sometimes these rates have a “hold” on them
Member: Its Ramadan again….will this delay the RV?
MZ: I was always told that they would love to do it over Ramadan. This is an enormous celebration for them. Most families are together for Ramadan….I was told if they had their pick of any time of year to do it…they would pick Ramadan.
Member: I've heard there will be a start of a soft roll out of Nesara on Friday!!!!
Member: If it takes until Mar.1st is –its only one week away……we can do this
Member: . We are living in amazing times!!! What a absolute privilege to be here in this moment.
Member: Thought for the day...The reason a lot of people write congrats, is because they cant spell CONGRATJULASHINS....Right?
Member: THANK YOU MARK! THANK YIU MODS!
Member: GOOD NIGHT EVERYONE, GOD BE WITH YOU
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
AFTER THE NEWS UPDATE WE WILL TAKE A SHORT BREAK AND JOIN MARK BACK AT 8:00 PM EST FOR WHISKEY & WISDOM.
Mike Maloney, Lynette Zang and Greg Mannarino Wednesday 2-22-2023
We Will All Be Trapped; Something Big Lurking Beneath the Surface Warns Mike Maloney
Stansberry Research: 2-22-2023
"The amount of gold available above ground is about twice of what was available back during [the] 1980s," says Mike Maloney, founder and CEO of GoldSilver.com.
"I started working on The Great Gold and Silver Rush of the 21st about a decade ago, and the final book is about 20% of what was written," he says. "Money makes and currency takes.
People need to start differentiating the two. There is no nation on the Earth that uses money today," exclaims Mahoney. "Warren Buffett isn't going to turn to bitcoin. Currencies and cryptocurrencies are dishonest and theft, we have all been monetized," he continues.
"The Fed has stolen more than 97% of the purchasing power of the dollar, and gold is lagging, but there will be dramatic shifts in monetary exchange," Maloney warns. "Precious metals are the only thing that have proven themselves over the centuries to be money... A store of a value is the most important attribute of money, unlike currency," he concludes.
We Will All Be Trapped; Something Big Lurking Beneath the Surface Warns Mike Maloney
Stansberry Research: 2-22-2023
"The amount of gold available above ground is about twice of what was available back during [the] 1980s," says Mike Maloney, founder and CEO of GoldSilver.com.
"I started working on The Great Gold and Silver Rush of the 21st about a decade ago, and the final book is about 20% of what was written," he says. "Money makes and currency takes.
People need to start differentiating the two. There is no nation on the Earth that uses money today," exclaims Mahoney. "Warren Buffett isn't going to turn to bitcoin. Currencies and cryptocurrencies are dishonest and theft, we have all been monetized," he continues.
"The Fed has stolen more than 97% of the purchasing power of the dollar, and gold is lagging, but there will be dramatic shifts in monetary exchange," Maloney warns. "Precious metals are the only thing that have proven themselves over the centuries to be money... A store of a value is the most important attribute of money, unlike currency," he concludes.
5 Critical Questions About Money, The Gold Standard, Debt & CBDCs with Lynette Zang
2-22-2023
LIVE! Fed. Minutes Rattle The Markets. Gold, Silver, Crude Get Hit. MORE WAR TALK...
Greg: Mannarino: 2-22-2023
News, Rumors and Opinions Wednesday Afternoon 2-22-2023
Thank you R.J.:
Goldilocks and Seeds of Wisdom
R.J.: Good morning Dinar Recaps, Goldilocks posted the following comment this morning!
Goldilocks: Dee, Myself, and Sam had a phone conference this morning with our CBI Banker contact.
Inside their new electronic foreign currency trading mechanism being tested and utilized as of late.
Sam asked if they were utilizing the USN notes in their new exchanges.
The answer was YES.
© Goldilocks
Thank you R.J.:
Goldilocks and Seeds of Wisdom
R.J.: Good morning Dinar Recaps, Goldilocks posted the following comment this morning!
Goldilocks: Dee, Myself, and Sam had a phone conference this morning with our CBI Banker contact.
Inside their new electronic foreign currency trading mechanism being tested and utilized as of late.
Sam asked if they were utilizing the USN notes in their new exchanges.
The answer was YES.
© Goldilocks
R.J.: Goldilocks posted the following commentary with a link:
One way or another, we are moving to real values in our economy.
"Analysis: Looming U.S. default risk prompts investors to cut some debt exposure."
The resetting of our new economy is not a push of a button. It is a process.
© Goldilocks
https://t.me/+YU9UrHLxFbszOTJh
https://www.seedsofwisdomteam.com/goldilocks
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Courtesy of Dinar Guru
Frank26 This week that we're in right now is really going to set the stage. If we see the budget law passed, oh my goodness! If we see HCL actually announced and being locked into the accounts at the banks, oh my goodness. If we see 1300 to to 1190 or 1000, oh my gosh...
Mnt Goat The news from Iraq this period is all very good and moving in the direction that we could possibly see the reinstatement soon. I do not have a date sorry! All these efforts they are now taking for electronic banking, Point of Sale, electric grid, 2023 budget, etc. projects are all part of the equation leading Iraq’s monetary system to where it needs to go... just relax and let the process work its way through...
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TNT:
Tishwash: Government confirmation of providing the electronic platform for the dollar
Today, Wednesday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the electronic platform for selling the dollar will provide an adequate supply of currency in the markets for the real beneficiary, while he indicated that the adoption of the correct commercial documents by the private banking system will achieve a convergence in the exchange rate and focus on the official price in an accelerated manner. .
Saleh said in a statement to the official agency, followed by (Baghdad Today), that "the monetary policy works through its operational objectives to build coherent mechanisms in imposing stability in the exchange market, through flexible packages in external transfers and through banking channels that follow international compliance rules," pointing to That "the dollar cash sale platform, which has been in operation since February 20, 2023, will provide an adequate supply of dollars in cash to the real beneficiary with a high degree of international compliance."
He added, "There has been a complete liberalization of transactions related to the current account of the balance of payments and in accordance with international compliance, whose external transfers were previously faltering due to bureaucratic banking customs, including transfers of services, especially shipping and insurance services, investors' profits, work returns, and inheritance rights for Iraqis or expatriates outside the country, which were completely liberalized." ".
He continued, "In addition to a partial liberalization of the financial account in the balance of payments, foremost of which are real estate investments for housing purposes."
And he pointed out that "with the progress of the mechanisms of the private banking system in adopting the correct commercial documents that are consistent with the rules of financing foreign trade in the matter of compliance, the exchange market will approach each other in price and center around the official price with the passage of time and accelerating," noting the "positive role that it has taken It is currently performed by government banks in general
And in particular the Trade Bank of Iraq, in promoting external transfer requests for small merchants directly and through international compliance banking whose monthly trades do not exceed $200,000, and whose relative weight dominates in financing foreign trade for the private sector, with rates that may reach 70% of the total. Import trade for the private sector ink
Morgan Stanley WARNS AGAIN Of A Stock Market DROP! As The Economy Is FREEFALLING Faster.
Greg Mannarino: 2-22-2023
5 Economic Fallouts of A US-China Meltdown - Hell For Investors
Sean Foo: 2-20-2023
China and America are on the verge of decoupling and economic tensions are getting worse every day.
This spells hard times and a very rocky investment climate for everyone wondering how to invest going ahead.
Here's what you must know about the US-China economic crisis and how I am allocating my money.
Timestamps & Chapters:
0:00 US-China Relations Burning Up
1:41 A World Of High Rates & Inflation
3:49 Massive Gold Buying
6:05 Middle East De-Dollarizing
7:52 This Industry Is Booming!
10:16 China's Plan To Buy Everything
12:25 How I'm Investing
"Will the West Create a Gold Digital Currency?" Andy Schectman
Will The West Create A Gold Digital Currency? | Andy Schectman
Liberty and Finance: 2-22-2023
There have been movements in the U.S. and around the world toward re-establishing precious metals as money.
The International Monetary Fund recently issued the paper "Gold as International Reserves: A Barbarous Relic No More?"
There is talk about a new reserve currency from the BRICS nations, possibly gold-backed.
Andy Schectman, CEO and president of Miles Franklin, says the only thing that could stop the BRICS in their tracks would be the western countries, through the IMF, issuing a gold-backed digital currency.
Will The West Create A Gold Digital Currency? | Andy Schectman
Liberty and Finance: 2-22-2023
There have been movements in the U.S. and around the world toward re-establishing precious metals as money.
The International Monetary Fund recently issued the paper "Gold as International Reserves: A Barbarous Relic No More?"
There is talk about a new reserve currency from the BRICS nations, possibly gold-backed.
Andy Schectman, CEO and president of Miles Franklin, says the only thing that could stop the BRICS in their tracks would be the western countries, through the IMF, issuing a gold-backed digital currency.
"Coffee With MarkZ" Wednesdday Morning Chat 2-22-2023
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning everyone……May your day be filled with blessings and love
Member: today is Ash Wednesday
MZ: The news from Iraq has just been awesome…..”The central bank of Iraq announces the second package of facilities to obtain foreign currency” What they are doing is making certain that exchanges are all done through official channels and the de-dollarization continues.
MZ: They are making their system 100% prepared …there are some really good drops today from Nader and MilitiaMan. If you do not follow them…you should. The links are in my daily links……be sure to share and like them .They bring great stuff from Iraq.
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning everyone……May your day be filled with blessings and love
Member: today is Ash Wednesday
MZ: The news from Iraq has just been awesome…..”The central bank of Iraq announces the second package of facilities to obtain foreign currency” What they are doing is making certain that exchanges are all done through official channels and the de-dollarization continues.
MZ: They are making their system 100% prepared …there are some really good drops today from Nader and MilitiaMan. If you do not follow them…you should. The links are in my daily links……be sure to share and like them .They bring great stuff from Iraq.
MZ: Specifically they are saying there are no more restrictions on the US dollar. So there are no more restrictions and nothing holding them back from changing the rate. And Naders second video today states there is a truce between the Maliki faction and Sadrist factions …They are suspending their feud against each other. This news is absolutely enormous. This will grease the wheels on finishing up the HCL…..
MZ: Many thanks to Nader and MilitiaMan for bringing us such good news today.
MZ: Militiaman talks about how they are buying and selling most things in dinar now and not the US dollar.. It appears that everything is in place to change the value of the dinar substantially.
MZ: “Iraq adopts the "yuan" in its foreign trade with China” From Reuters…They announced this yesterday …now that Iraq doesn’t have to convert everything to US dollars anymore…they are free to trade with China and use the yuan. This is really big news especially on the BRICS side of things.
Member: “Parliament needs 45 days to review and approve the 2023 budget bill” -Shafaq News
Member: Good Thing the CBI said they didn’t need the budget to pull the trigger on the RV.
Member: Frank and Walkinstidk say the budget needs the RV but the RV doesn’t need the budget.
Member: Isnt tomorrow when the Islamic holy month of Ramadan begins. It is based on the crescent moon and follows a cycle of ... 33 years. Interesting.
Member: Hope that doesn’t delay the RV
MZ: Now what I am hearing from my bond folks…..the good, the bad and the ugly…..2 of my bond folks were told to check in after 1 pm est today for an update. They did not get money released last night or this morning…….they are still hearing posive things and that it is imminent…..but they will be updated after 1pm esst.
MZ: At this point with everything moving in Iraq…I am not to worried about it. …There are still a lot of rumors running around that Nesara and Gesara now kicks off March 1st……I am seeing that from a lot of different sources…..Initially they were telling us it was to happen on the 24th….
MZ: The latest chatter I am hearing us Nesara and Gesara will be in full swing on March 1st.
Member: Kicking the can once again. Feb 24th now March 1st. This is SOOOOOOOO frustrating
Member: all this news and here we sit with nothing in hand. well i have a coffee in my hand at least .
Member: Wish we would stop with all the talk…and see some action.
Member: Can the bond people get paid before we get norifications?
MZ: Yes they can . The original design for this process was for historic bonds and prosperity packages and stuff like CMKX and fines and penalties…to be paid in fiat…..and to go 7 to 10 days before we went. …so originally they would get paid in fiat…then they would RV where the values would change…..…then we have the reset to sound asset backed money….then we go…..
MZ: But many have said that now….due to fears on safety and security that we all may be going almost at once in a shotgun start…..we do not know which way it will go…..
MZ: But CMKX sources think it will now all go at once.
Member: I feel bad for the bond people. They've been yanked around so much that I can't even imagine the level of frustration they're feeling.
MZ: I am hearing from some huge zim groups ….obscenely huge groups….that they are expecting payout roughly to start this Saturday…...
Member: Dallas reported that Banks now have rainbow currency on standby.......
Member: Does anyone have the list of currency that they will be Accepting
Member: These are supposed to be in the first basket….but the Iran rial may have been dropped now…..1. US 2. UK 3. Kuwait 4. Canada 5. Mexico 6. Russia 7. China 8. Venezuela 9. Iranian Rial 10. IRAQ 11. Indonesia Rupiah 12. Malaysia 13. Vietnamese 14. Brazil 15. Saudi Arabia 16. Qatar 17. United Arab Emirates 18. Turkey 19. Afghanistan possibly20. India 21. Libya 22. Japan23. Zimbabwe (current currency)
Member: Sure wish we would start seeing arrests of the cabal…….what is taking so long????
Member: Here's something we should live by: If we complain, we remain! I know it's hard when we are disappointed. But we really need to pull together and be positive to keep the vibes high!
Member: Thank you Mark for wearing the most levelheaded hat I have ever seen in times like this! You keep us grounded and focused! We appreciate you and everything you do!
Member: Everyone have a great day and let’s hope we hear big news on tonights podcast.
“THE INFO IN THIS PODCAST IS FOR GENRAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY"
Wade and Gina with Kagan Water filtration is on the stream at the end….please listen to replay for their information….
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram
The next stream is tonight at 7 pm est…unless
MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.
THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE
MZ: Zim payouts I hear may be traunched…..a structured payout over time…….What is a traunch? https://www.investopedia.com/terms/t/traunch.asp
MZ: JFK Secret Societies Speech in case we forgot https://www.youtube.com/watch?v=ItOPg2l7-t0
JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401
Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html
MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y
Mod: Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME
MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road
You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate
Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz
MARKZ and SALTY TOES have worked hard to build a COMMUNITY that people can trust. You can connect with MarkZ at The Seeds of Wisdom Team Community and website. Just visit the Seeds of Wisdom Team Website, join the Seeds of Wisdom Telegram Community, and Subscribe to receive email updates. https://seedsofwisdomteam.com/
Follow Mark on odysee ( formerly known as library) at https://odysee.com/@theoriginalmarkz:e
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
"Tidbits From TNT" Wednesday AM 2-22-2023
TNT:
Tishwash: Iraq adopts the "yuan" in its foreign trade with China
Today, Wednesday, the Central Bank of Iraq announced the second package of facilities to obtain foreign currency, including reliance on the yuan currency to organize financing foreign trade from China.
And the media office of the Central Bank stated in a statement received by Al-Maalouma Agency, that, “in addition to what was announced in the first package of facilities provided by the Central Bank to achieve stability in exchange rates.”
He added, "The second package includes organizing the financing of foreign trade from China directly and in the Chinese yuan currency through two options: a) The first option: strengthening the balances of Iraqi banks that have accounts with Chinese banks in the Chinese yuan currency.
TNT:
Tishwash: Iraq adopts the "yuan" in its foreign trade with China
Today, Wednesday, the Central Bank of Iraq announced the second package of facilities to obtain foreign currency, including reliance on the yuan currency to organize financing foreign trade from China.
And the media office of the Central Bank stated in a statement received by Al-Maalouma Agency, that, “in addition to what was announced in the first package of facilities provided by the Central Bank to achieve stability in exchange rates.”
He added, "The second package includes organizing the financing of foreign trade from China directly and in the Chinese yuan currency through two options: a) The first option: strengthening the balances of Iraqi banks that have accounts with Chinese banks in the Chinese yuan currency.
b) The second option: strengthening the balances of Iraqi banks through the accounts of the Central Bank to the final beneficiary in the Chinese yuan currency through our accounts with the Bank (JP Morgan) and the Development Bank in Singapore. link
Tishwash: Iraq signs oil and gas deals with UAE's Crescent Petroleum, Chinese firms
BAGHDAD, Feb 21 (Reuters) - Iraq signed deals with UAE firm Crescent Petroleum and two Chinese companies on Tuesday for the development of six oil and gas fields as it seeks to produce much needed natural gas for power stations and cut imports burdening the country's budget.
United Arab Emirates-based Crescent Petroleum signed three 20-year contracts to develop oil and natural gas fields in Iraq's Basra and Diyala provinces in northeastern Baghdad.
The Crescent Petroleum contracts include the Gilabat-Qumar and Khashim fields in Diyala, which are expected to begin producing 250 million standard cubic feet per day of natural gas within 18 months, the company said.
Crescent Petroleum also plans to explore and develop Khider al-Mai, a third block in Basra province for oil and gas.
China’s Geo-Jade also signed two contracts for exploration and development rights to Iraq’s Huwaiza oilfield in the south and Naft Khana northeast of Baghdad, both near the Iranian border. link
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Tishwash: The Economic Committee hosts the Governor of the Central Bank to discuss the exchange rates of the dollar
The Parliamentary Economy, Industry and Investment Committee hosted, today, Wednesday, the Governor of the Central Bank, Ali Al-Alaq, to discuss the exchange rates of the dollar.
ur correspondent said, "The Parliamentary Economy, Industry and Investment Committee hosted the governor of the Central BankOn the relationshipto discuss the exchange rate of the dollar and the stability of the market.”
He added, “The committee also discussed the results of the Iraqi delegation’s visit toWashingtonIn addition to a number of other files. link
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Tishwash: Popular discontent with the instability of the exchange rate, and fingers pointing towards speculators
The greed of merchants and speculators and the refusal of money changers to sell dollars to citizens at the official rates are the most prominent reasons behind the continued rise in the dollar exchange rates by more than twenty points.
The scarcity of hard currency increased the suffering of citizens in obtaining it, prompting speculators to exploit the crisis, even with the existence of government decisions aimed at reducing the exchange rate in the markets. Money exchange owners buy dollars at the official rate, but they refuse to sell them to citizens under the pretext of lack of cash liquidity, which sparked anger and resentment in the street.
Economists called on the government to impose strict measures, arrest violators of speculators and money changers, and open competitive official sales outlets, in addition to canceling or facilitating the procedures for selling currency to travelers and seriously monitoring its work. ink
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CandyKisses: The Kurdistan Regional Government launches the work of the first e-visa portal
Twilight News / The President of the Kurdistan Regional Government, Masrour Barzani, inaugurated on Wednesday the work of the first portal for issuing the e-visa, which is part of the government's action program in the electronic transformation of public services and the digitization of government services, which is scheduled to be completed in late 2025.
On this occasion, the Prime Minister said in a speech: The technology and data of these services will facilitate the provision of more digital services, paving the way for the renovation of our airports and border crossings, in addition to contributing to opening new trade horizons with our international partners.
The Prime Minister pointed out that the e-Visa is one of several other services for this ministerial formation, and aims to improve public services and strengthen business in Kurdistan, indicating that some of these services will be announced in the coming months.
The Prime Minister also praised the Ministry of Interior and the Information Technology Department for placing digital services at the center of their priorities for their work, as well as their commitment to the e-transformation program.
The new portal (visit.gov.krd) allows visitors and investors to apply for visas online, which will help boost tourism and foreign investment in the Kurdistan Region.
In addition to the e-visa portal, several other systems have been developed to improve border security.
Mot: ... Say! - Do Women Ever ~~~
Judy, MilitiaMan and more.....Wednesday Morning 2-22-2023
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 22 Feb. 2023
Compiled Wed. 22 Feb. 2023 12:01am EST by Judy Byington,
Global Currency Reset:
Tues. 21 Feb. Bruce: On Fri. 17 Feb. Bond Holders received a registered letter that said they would receive a Quantum access card on Saturday 18 Feb, which some of them did. They will receive an email telling them how to have access to their accounts. Tier4B should receive notification within 24 hours of when the Bond Holders get access to their accounts.
Tues. 21 Feb. Morning MarkZ: Banking people are excited about the RV going late tonight into tomorrow, Wed. 22 Feb. Bond People are expecting to access their accounts late today or early into the wee hours. A number of them have commented that they can see their funds in their accounts.
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 22 Feb. 2023
Compiled Wed. 22 Feb. 2023 12:01am EST by Judy Byington,
Global Currency Reset:
Tues. 21 Feb. Bruce: On Fri. 17 Feb. Bond Holders received a registered letter that said they would receive a Quantum access card on Saturday 18 Feb, which some of them did. They will receive an email telling them how to have access to their accounts. Tier4B should receive notification within 24 hours of when the Bond Holders get access to their accounts.
Tues. 21 Feb. Morning MarkZ: Banking people are excited about the RV going late tonight into tomorrow, Wed. 22 Feb. Bond People are expecting to access their accounts late today or early into the wee hours. A number of them have commented that they can see their funds in their accounts.
Tues. 21 Feb. Evening MarkZ: “I am still hearing phenomenal stuff from the banking side. They are still very keyed up in the hopes the bonds funds will release tonight. I do not think we will get news until the wee hours of the morning….As I understand it they will probably start in Europe and come this way…if they release those funds. We have a lot of bond folks expecting those funds before tomorrow. We should know before the morning podcast if they have received funds or what they have told them. We are expecting a lot of news early tomorrow. This is regarding Historic bonds, German bonds, Chinese bonds, Railroad Bonds. Super Pechcelli, Fragon bonds. Rumors are if bond payments start tonight then CMKX and Prosperity Package deliveries will start Wednesday and Thursday. Iraq is still saying that their budget goes next week. My understanding is that before the budget gets introduced to parliament….the HCL will be done. So we know we are in a short window for Iraq to make a move.”
Tues. 21 Feb. RayRen98: “I’m receiving info indicating that memos have gone out to the banks to get ready for a rate change.”
High Up Contact: “The wheels are turning and the process is moving, but at a pace slower than a turtle. All the militaries throughout the world have their money because they have to keep any war from getting started. All 209 countries have signed a peace treaty and everything was ratified so in that respect, GESARA will happen. On Wed. 22 Feb. a small amount of monies will be paid out to certain people in Tier 3. In about two weeks, or around Wed. 1 March, substantial funds would be paid out.”
Update from a Sovereign to Bob Dunn, a Global Intake Officer for a Global Trade Platform: (Dunn believes this is for real): “We have officially begun. USA Inc. is officially done now: All countries transitioning over to Nesara/Gesara, Republic’s & their own gold backed currencies. Sovereign contracts have started. DOD, Reno, Zurich, UST liquidity will begin Tues. 21 Feb, although all monies have been released. Next week will absolutely be the week we all receive our blessings. No turning back, no more waiting. Here we go!!”
Sat. 18 Feb. Ginger via Wolverine: “Tier 1 and 2 Paymasters have received funding and they are ready to roll. The Intel these folks are getting is all very positive and they are saying that next week could be monumental. Our notifications – if happening next week – could also be quickly following a “significant arrest” of someone high up.”
Wolverine: “Tiers 1 and 2 have been paid out.”
SHTF this week. Feb 20, 2023 EST (Australia) – YouTube NESARA/GESARA to roll out Tues. 21 Feb. after Black Swan Event Stock Market Crash. Med Beds roll out at that time also. Military Law to take over for ten days. Have food, cash, water and essential items on hand.
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Tues. 21 Feb. 2023 Bruce, The Big Call Thebigcall.net 667-770-1866, pin123456#
Wells Fargo Source: “Things are happening. Today Tues. 21 Feb. is Action Day. Tomorrow Wed. 22 Feb. is Satisfaction Day.”
If you have Zim and don’t have a project, they will offer you around 600 national and 1,200 international projects you could choose from to fund if you so wish.
On Fri. 17 Feb. Bond Holders received a registered letter that said they would receive a Quantum access card on Saturday 18 Feb, which some of them did. They will receive an email telling them how to have access to their accounts.
Tier4B should receive notification within 24 hours of when the Bond Holders get access to their accounts.
Read full post here: https://dinarchronicles.com/2023/02/22/restored-republic-via-a-gcr-update-as-of-february-22-2023/
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Courtesy of Dinar Guru
Frank26 New keyword 'currency reform'. You went through the monetary reform. You are going through the economic reform. The Iraqi citizens are going through the 'currency reform'. Notice I said you are going through the economic reform. The fact that you purchased Iraqi dinar is going to help their economy. But the citizens of Iraq will have purchasing power through a new mechanism in 2nd stage that will allow them to have a new exchange rate when the dinar starts to floats.
Henig Article "Revival of hanging gardens in Iraq" Quote "The Central Bank of Iraq is witnessing in the design of its new building hanging gardens that bring to mind...one of the seven historical wonders of the world...the implementation of the first listed hanging gardens in Iraq, which will decorate the roof of the base of the new central bank building..." These cats are positioning themselves for a new Renaissance.
5th Round of Licensing- Oil & Gas - HCL- 2023 Budget Draft Law
MilitiaMan abd Crew: 2-22-2023
Robert Kiyosaki Gives Dire Warning To Americans
George Gammon-The Rebel Capitalist: 2-22-2-23
Lynette Zang, David Lin and David Hay Tuesday 2-21-2023
How Will Inflation Impact Consumers Ability to Consume More?
Lynette Zang: 2-21-2023
Everybody expects the consumer to support the economy. This is a consumer-driven economy and we keep hearing all these reports of how great the consumer is doing.
Well, I don't know if that's really true and I don't think you should either.
Let me show you what's really happening.
How Will Inflation Impact Consumers Ability to Consume More?
Lynette Zang: 2-21-2023
Everybody expects the consumer to support the economy. This is a consumer-driven economy and we keep hearing all these reports of how great the consumer is doing.
Well, I don't know if that's really true and I don't think you should either.
Let me show you what's really happening.
'Biggest bubble in human history' to collapse, this is how to find the market bottoms - David Hay
Kitco News: 2-21-2023
Daivd Hay, Author of Bubble 3.0 and Partner at Evergreen Gavekal, discusses the anatomy of bubbles, how to identify a market bottom, and how he is positioning himself in this market.
He spoke with David Lin, Anchor and Producer at Kitco News.
0:00 – Intro
3:45 - Investment approach
5:11 - Bubble history and anatomy
11:08 - Volume and volatility
12:16 - Fundamental indicators of a bubble
13:42 - 'Biggest bubble in human history'
15:52 - Market timing
19:12 - Finding a bottom
22:32 - Monetary policy inflating assets
24:15 - Investment implications
More News, Rumors and Opinions Tuesday PM 2-21-2023
Goldilocks and Seeds of Wisdom
Thank you R.J……
R.J.: Goldilocks posted 3 links regarding digital asset trading with commentary.
Goldilocks: Three things have recently developed in the digital asset trading system through the SEC.
First, the SEC has adopted the final rule to move from a two-day settlement to a one-day settlement. This is all possible because of the transformation processes taking place in our new digital asset-based economy.
Second, how this is accounted for through digital ledger transmission such as the ISO20022 that records both sides of a trade leaving a documented footprint on what took place inside an International Payment System.
\And finally, security and settlement transmissions through Web 3 applications will give us the ability to do these transactions through an International Banking System.
The Gold Standard is more than backing a piece of paper with gold. It is a process that includes banking system procedures whereby everyone is doing the same thing to get the same results all over the world.
© Goldilocks
Goldilocks and Seeds of Wisdom
Thank you R.J……
R.J.: Goldilocks posted 3 links regarding digital asset trading with commentary.
Goldilocks: Three things have recently developed in the digital asset trading system through the SEC.
First, the SEC has adopted the final rule to move from a two-day settlement to a one-day settlement. This is all possible because of the transformation processes taking place in our new digital asset-based economy.
Second, how this is accounted for through digital ledger transmission such as the ISO20022 that records both sides of a trade leaving a documented footprint on what took place inside an International Payment System.
\And finally, security and settlement transmissions through Web 3 applications will give us the ability to do these transactions through an International Banking System.
The Gold Standard is more than backing a piece of paper with gold. It is a process that includes banking system procedures whereby everyone is doing the same thing to get the same results all over the world.
© Goldilocks
https://www.jdsupra.com/legalnews/sec-adopts-t-1-settlement-cycle-for-7251517/
https://www.jdsupra.com/legalnews/sec-accounting-standard-setting-2617205/
https://www.natlawreview.com/article/united-states-sec-adopts-rules-to-reduce-risk-clearance-and-settlement
KTFA:
Henig: The first in 40 years. Security Memorandum of Understanding between Iraq and Saudi Arabia
2023-02-19 | 15:45
The Iraqi Interior Ministry announced on Sunday the signing of a memorandum of understanding with its Saudi counterpart, the first of its kind since 1983.
"Interior Minister Abdul Amir al-Shammari signed a security memorandum of understanding, the first of its kind since 1983, with Saudi Interior Minister Prince Abdulaziz bin Saud," the ministry said in a statement.
The signing of the memorandum was attended by Deputy Interior Minister Nasser Abdul Aziz Al-Dawood, Undersecretary of the Ministry of Interior Hisham Abdul Rahman Al-Falih, Undersecretary for Security Affairs Muhammad Muhanna Al-Manha, Director of Public Security Lieutenant General Mohammed bin Abdullah Al-Bassami, Ambassador of the Custodian of the Two Holy Mosques to the Republic of Iraq Abdulaziz bin Khalid Al-Shammari, Director General of Drug Control Major General Muhammad bin Saeed Al-Qarni, Director of the Minister's Office for Studies and Research Major General Khalid bin Ibrahim, Director of the General Department and International Cooperation Ahmed bin Solomon".
"This memorandum included all forms of security cooperation, exchange of visions and activation of joint security work to ensure more security for the Iraqi and Saudi sides," the statement added. LINK
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Clare: Finance: We are working on straightening the banking system
2/21/2023
Undersecretary of the Ministry of Finance, Masoud Haidar, confirmed the work to rectify the banking system to be able to mobilize financial resources.
A statement of the Ministry of Finance, which Mawazine News received a copy of, stated that "The Undersecretary of the Ministry of Finance, Masoud Haider, chaired today, Monday, an expanded meeting to follow up on the implementation of the government program, in the presence of the advanced staff in the ministry and its departments.
Achievements in departments, agencies and banks affiliated with the Ministry, and the extent to which the achievements are consistent with what is planned within the government program.
Haider stressed, according to the statement, the importance of proceeding with the implementation of the plans prepared within the program to develop the work of the customs and tax sectors, and the completion of the implementation of the project to automate the two sectors, as they are among the vital sectors that contribute to supporting the pillars of the national economy, along with the oil sector and other sectors.
Regarding improving the work of the banking sector, the agent explained, "We are working on evaluating the banking system to be able to mobilize financial resources, reallocate them, and improve their efficiency to serve economic activity, and work to modernize and strengthen it by bringing about changes in the banking industry, restructuring and crystallizing it to become more comprehensive for change and reform, and to lay the foundations." A stable and pivotal financial economy. LINK
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Courtesy of Dinar Guru
Nader From The Mid East If you talk about the private sector look at it a year ago and look at it now. It's gone 60%-70% better.
Paulette Baghdad is finally in the driver's seat. Let's hope the Coordinating Framework turns out to be the good guys. We are at a time that nobody truly knows who is good or bad in this world...My biggest question is will Nouri al-Maliki turn out to be good, bad or flipped? If I knew the answer, I woul
LIVE! Stock Market CRATERS, MMRI Spikes, Liquidity Drying Up, Big Retail Slammed.
Greg Mannarino: 2-21-2023
Junk Bond Companies "Exaggerated" Earnings Potential
Heresy Financial: 2-21-2023
Many investors are on the lookout to find where the next black swan might come from that could take down the markets.
And it looks like it might be hiding in plain sight in the junk bond market. Basically, you have companies that have, number one, a high amount of debt.
Number two, they have debt at very high interest rates. And number three, they have overstated their future earnings to the point where they may not be able to repay their debt.
Timecodes
0:00 Video Introduction
1:01 Many Companies Fail to Meet EBITDA Marks
3:04 Federal Reserve Using Special Vehicles
5:21 Banks Trying to Exit Junk Bonds