France Seeks BRICS Entry-Macron's Surprising BRICS Summit Pitch Shakes Up The US

France Seeks BRICS Entry! Macron's Surprising BRICS Summit Pitch Shakes UP the U.S.｜Macron BRICS

Deep in Moments:  6-18-2023

Welcome to Deepin Moments, your source for European geopolitical news. In this video, we discuss the intriguing possibility of French President Macron's participation in the upcoming BRICS leaders' summit.

 Will France join the ranks of this influential organization?

 Is this a sign of BRICS entering the big league? Let's delve into the details and explore the potential implications.

French President Macron's request to join the BRICS summit. South Africa's role and the reactions from Russia and the French media.

The significance of Macron's interest in BRICS. The 15th BRICS Summit and the participating countries.

BRICS' expansion and potential new member countries.

The importance of finding a common currency for trade. China's influence and Macron's political agenda.

Moscow's concerns and the need for clear explanations.

The potential positive effects and challenges of Macron's participation.

https://www.youtube.com/watch?v=mEAfAmdCSiM

News, Rumors and Opinions Sunday Afternoon 6-1-8-2023

KTFA:

Clare:  The office of Imam al-Sistani announces Tuesday, the first day of Dhu al-Hijjah.. and Eid al-Adha, June 29

6/18/2023

 The office of the supreme religious authority, Grand Ayatollah Imam Al-Sayyid Ali Al-Sistani (may his shadow be long) in Najaf, announced that tomorrow, Monday, is the continuation of the sacred month of Dhul Qi’dah, and Tuesday, corresponding to (6/20/2023 AD), is the first of the month. Dhu al-Hijjah of the year 1444 AH.

Thus, June 29 will be the first day of Eid Al-Adha.   LINK

Clare:  Egypt is preparing to introduce a new currency 

 Baghdad

The Central Bank of Egypt is preparing to launch the 20-pound plastic coin, within days, on the banking market, as it will be circulated for the first time in the history of the banking system on the occasion of Eid al-Adha.

According to the statements of Khaled Farouk, Deputy Governor of the Central Bank of the Money Printing House, there is a slight change in the shape of the 20-pound plastic from the one whose design was presented to President Abdel-Fattah El-Sisi, as the colors that citizens objected to, represented by the hologram sign, were toned down. One of the global watermarks used to secure banknotes and documents against counterfeiting, and it is not an aesthetic form and does not carry any other connotations as some believe.

The same source added that the design of the plastic 20 pounds will take into account that it is in Braille for people of determination, and it will also be characterized by flexibility, strength and less thickness, in addition to that its longevity will reach about three times the life of the current paper category made of cotton.

The speaker also highlighted that it is water-resistant and less affected by dust, as well as environmentally friendly, recyclable and pollution-resistant, compared to paper money in circulation, as it is difficult to counterfeit or counterfeit.    LINK

Clare:  In cooperation with private and government banks..the governor of the Central Bank proposes large financial projects

June 18, 2023

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, chaired today, Sunday, the periodic meeting of governmental and private banks.

During the meeting, which was attended by bank departments, His Excellency confirmed a number of projects that are consistent with the requirements of the economic reality in Iraq, explaining that these projects establish a qualitative shift in the Iraqi economy and enhance its stability, revealing at the same time the project to establish a Riyada Bank, and the project to establish a loan guarantee company that facilitates The lending process for medium, small and micro enterprises, in addition to the direction of the Central Bank of Iraq, in cooperation with the government and the contribution of the financial, banking and business sector, to establish a city that is the "financial and business center in Iraq."

His Excellency participated in the discussions put forward by a group of banks regarding the initiatives of the Central Bank, the relationship between banking institutions and customers, and what is related to developing mechanisms for entering the electronic platform for selling foreign currency.

His Excellency noted the possibility of opening new channels for external transfers and the high rate of daily transfers.

Central Bank of Iraq
Media Office
18 - June - 2023

https://cbi.iq/news/view/2359

Courtesy of Dinar Guru

Sandy Ingram   Breaking news coming out of Iraq.  The Iraqi government is planning to complete the requirement for Iraq's acceptance to the World Trade Organization (WTO).  This means financial contributions to the WTO have been settled.  A statement issued by the Ministry of Trade said that work is underway to complete the requirements for joining the WTO...

Frank26   Question:  "Will the dinar be taxed as capital gain or ordinary income?"  I always say to you that our government is not going to let you get away with anything.  Our government is not going to say, 'Oh, forget the taxes?  You bet. no problem.'  This is a major event. Our government knows very well.  Probably they know how many American citizens have Iraqi dinars.  You don't think they want to collect it?  87,000 IRS agents?  I told you they would come after you long before they announced that.  I told you...yes it will be taxed up the wazoo. [NOTE: Consult your tax professionals to determine the best tax strategies and correct taxes for your unique circumstances.]

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Iraq Exchange Rate BREAKING NEWS OUT OF Africa - Zimbabwe, Putin,

Edu Matrix:  6-18-2023

https://www.youtube.com/watch?v=fYisop2BzhU

The Economy Is In Trouble - Here's Why | Peter Grandich

Liberty and Finance:  6-18-2023

The Fed has paused interest rate hikes. However, the stock market is not going to skyrocket, says Peter Grandich of Peter Grandich & Co.

 He expects stocks to sideways trade. Gold, on the other hand, he is optimistic about. While it is sideways trading right now, he expects a meaningful move within a few weeks.

Junior resource stocks are more depressed than they've ever been in 40-years, which may signal a unique opportunity in the sector, he says.

INTERVIEW TIMELINE:

 0:00 Intro

1:52 Fed pause

4:05 Gold price

6:35 Junior resource sector

 14:08 Fed pause

 19:05 Stock market

22:43 Inflation

https://www.youtube.com/watch?v=GmTP4LwQTWU

"Tidbits From TNT" Sunday Morning 6-1-8-2023

TNT:

Tishwash:  Deputy: The sovereignty of Iraq cannot be bypassed or compromised

On Sunday, the representative of the extension movement, Ahmed Majeed Al-Sharmani, considered the sovereignty of Iraq a red line, and it cannot in any way be crossed or violated.

Al-Sharmani said, in an interview with Al-Maalouma agency, that "more than one parliamentary session was held to discuss the breaches and violations of Iraqi sovereignty under the dome of Parliament, and it came out with a decision to expel all foreign forces from the country." 

He added, "Members of the House of Representatives called several times for the government to take strong and deterrent measures through the UN Security Council and the United Nations against anyone who harms Iraqi sovereignty."

Al-Sharmani pointed out that "Iraq's sovereignty is a red line that cannot be crossed and cannot be bargained upon," pointing out that "the Iraqi government is entrusted with the sovereignty of Iraq and we do not flatter the issue of sovereignty." 

A member of the legal movement, Ahmed Shahid al-Shammari, had warned of the consequences of the suspicious moves led by Washington's ambassador to Iraq, Elena Romanowski, aimed at causing strife, describing those moves as blatant interference in Iraqi affairs.  link

Tishwash:  Iraq is a new market for the Italian Ariston

Ariston, Europe's leading manufacturer of innovative home appliances, and Agora, one of Iraq's leading distributors, have announced a new partnership aimed at providing Ariston products to Iraqi consumers.

The partnership between Ariston and Agora represents a shared commitment to providing high quality products and services to consumers in Iraq.

With Ariston's rich Italian heritage in providing cutting-edge technologies and Agora's dynamic approach, this partnership promises to provide Iraqi families with thoughtful home solutions that guarantee results they can count on.

“We are excited to join Agora as a leading partner of Ariston in the Iraqi market,” said Elgas Volkan, Senior Sales Manager, Middle East and Egypt, Whirlpool Corporation. "Agoura's strong presence in the market, in addition to their strong commitment to customer satisfaction, makes them the ideal partner to represent the Ariston brand in Iraq."

Agora is equally excited about this partnership.

“We are honored to be appointed as Ariston's distributor in Iraq,” said Rabin Khoshnaw, CEO of Agora. "Ariston's reputation for excellence and its wide range of advanced devices perfectly complement our distribution capabilities. By pooling our experience and resources, we are confident in our ability to meet the diverse needs of Iraqi consumers."

Through this strategic partnership, Agora will leverage its extensive distribution network to ensure wide availability of Ariston products throughout Iraq. The company will also provide exceptional after-sales service and support, ensuring that Iraqi consumers have a positive and enjoyable experience with Ariston products.

The return of the Ariston brand to Iraq will allow consumers to reconnect with one of the historic home appliance brands that has been well loved for 25 years in Iraq.

Agora will offer consumers a wide range of standalone, compact and sustainable home appliances.

Ariston's new expanded product range includes cooking appliances (freestanding hobs, built-in ovens, cooking ovens and built-in hob hoods), washing machines, dryers, dishwashers and refrigerators (available with defrost system and without frost).  link

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Tishwash:  This is in Iraq’s news

The Secretary-General of the United Nations attacks the International Monetary Fund and the World Bank: prejudice and injustice

In an unusual move, United Nations Secretary-General Antonio Guterres criticized the International Monetary Fund and the World Bank, calling for major changes in the two institutions, to correct what he called "historical errors, biases and injustices inherent in the current international financial architecture."

Guterres said the International Monetary Fund benefited rich countries rather than poor countries, and described the Fund and World Bank's response to the Corona pandemic as a "flagrant failure" that left scores of countries heavily indebted.

According to the Associated Press, Guterres' criticism, which was contained in a recent research paper, is not the first time he has called for reform of global financial institutions, but his analysis is the most in-depth of their problems, in light of their response to the pandemic, which he described as a "stress test." for organizations.

Guterres' comments come ahead of meetings called by French President Emmanuel Macron in Paris on Thursday and Friday to address multilateral development bank reforms and other issues.

American hegemony

Neither the International Monetary Fund nor the World Bank commented directly on the Secretary-General's criticisms and proposals.

Guterres' comments echo other critics who see the leadership of the International Monetary Fund and the World Bank as confined to the powerful states that control them, a situation similar to that of the United Nations, which has faced its own calls for reform.

Morris Kugler, a professor of public policy at George Mason University, told The Associated Press that the failure of the two institutions to help the neediest countries “reflects the continuation of the approach in which the head of the World Bank is an American citizen appointed by the US president, and the managing director of the International Monetary Fund is a citizen of the Union.” appointed by the European Commission.

Richard Gowan, director of UN affairs at the International Crisis Group, said there was great frustration with the US and its European allies dominating the decision-making process, leaving African countries with only "a slice of voting rights". He said that developing countries complain that private lending rules are not favorable to them.

United Nations Secretary-General Antonio Guterres speaks to US Treasury Secretary Janet Yellen during the annual meeting of the International Monetary Fund and the World Bank in Washington. October 15, 2022 - REUTERS

"In fairness, the Bank has been trying to modernize its financing procedures to address these concerns, but it has not gone far enough to satisfy the countries of the global south," Gowan added.

Guterres said it was time for the boards of directors of the International Monetary Fund and the World Bank to correct what he called "the historical wrongs, biases and injustices inherent in the current international financial architecture." This "structure" was established when many developing nations were still under colonial rule.

"A New Bretton Woods Moment"

The statements of the Secretary-General of the United Nations echo the call he made earlier this year for a “new Bretton Woods moment,” referring to the reform of the Bretton Woods financial institutions, which include the World Bank and the International Monetary Fund, to ensure greater representation of developing countries.

The International Monetary Fund and what is now known as the World Bank Group were established at a conference held in Bretton Woods, New Hampshire, in July 1944 to be the two main institutions of the international monetary system after the war.

The International Monetary Fund had to control exchange rates and lend reserve currencies to countries suffering from deficits in the balance of payments, and the World Bank provided financial assistance for post-war reconstruction and to build the economies of the least developed countries.

debt service costs

Guterres said in his new research paper that the two institutions did not keep pace with global growth. He added that the World Bank has $22 billion in paid-in capital, which is money used for low-interest loans and grants for government development programmes. This is less than a fifth of the 1960 level of financing, as a percentage of global GDP.

Meanwhile, many developing countries are experiencing a deep financial crisis, exacerbated by inflation, high interest rates, and frozen debt relief.

“Some governments are forced to choose between debt repayment or default in order to pay public sector salaries, which could destroy their credit rating for years to come,” Guterres said, adding that “Africa is now spending more on debt servicing costs than on debt servicing.” health care".

"moral error"

He explained that the rules of the International Monetary Fund unfairly favor rich countries. During the pandemic, the rich G7 countries, with a population of 772 million, received the equivalent of $280 billion from the International Monetary Fund while just over $8 billion was allocated to the least developed countries, with a population of 1.1 billion.

Guterres continued: “It was done according to the rules. This is a moral error.”

major repairs

He called for major reforms that would enhance the representation of developing countries on the boards of directors of the International Monetary Fund and the World Bank, help countries restructure debts, change IMF quotas, and renew the use of IMF funds.

The UN Secretary-General urged increased funding for economic development and addressing the impact of climate change.

Asked about Guterres' proposals, IMF spokeswoman Julie Kozak said, "I am not in a position to comment on any of the details."

She added that the IMF quota review is a priority and is expected to be completed by December 15.

In a written response to an inquiry from the Associated Press, the IMF said it had responded "unprecedented" to the largest ever request from countries to help deal with the recent shocks.

After the outbreak of the pandemic, the International Monetary Fund approved $306 billion in financing for 96 countries, including below-market loans to 57 low-income countries.

It also quadrupled interest-free lending to $24 billion and provided about $964 million in grants to 31 of the most vulnerable countries between April 2020 and 2022 so they can service their debts.

In January, the World Bank Group said its shareholders had begun a process to "better address the scale of development."

In a report released in March, the Bank's Development Committee added that the Bank "must evolve in response to the unprecedented confluence of global crises that have upended development progress and threaten people and the planet."

And while Guterres and UN ambassadors talk about reforming financial institutions, any changes are left to their boards of directors.

Gowan noted that when former US President Barack Obama's administration engineered a reform of voting rights at the IMF in 2010, "it took Congress 5 years to ratify the agreement, and Congress is more divided and dysfunctional now."

The alternative is China

"But Western governments realize that China is an increasingly dominant lender in many developing countries, so those governments have an interest in reforming the International Monetary Fund and the World Bank in ways that prevent poor countries from relying on Beijing for loans," Guan said.

Besides the Paris meeting, discussion of IMF and World Bank reforms will continue in September at the G-20 leaders' summit in New Delhi and at the annual gathering of world leaders at the United Nations.

Guterres' efforts to reform the International Monetary Fund and the World Bank come at a time when the United Nations is also facing demands to overhaul its structure, which still reflects the post-World War II world order.

Richard Gowan, director of UN affairs at the International Crisis Group, said many UN ambassadors believe it may be "marginally easier" and more beneficial for developing countries to reform the International Monetary Fund and World Bank than the reform of the UN Security Council that has been discussed for more than a decade. 40 years old  link   

Mot: ... its a Generation Thingy!!! ~~~~~

Mot:  .. Best Fathers Day Gift Ever!!! ~~~~

Mot:  . Thanx Dad!!!!

Nader, MilitiaMan and More Sunday AM 6-18-2023

US Government Sued for Allegedly Seizing $100,000,000 in Cash, Gold and Jewelry From Citizens Without Explanation

The US government won’t specify why it abruptly seized more than $100 million from people’s safety deposit boxes in California, according to a new lawsuit.

The nonprofit Institute for Justice says it’s seeking to halt forfeiture proceedings for a group of citizens who’ve had their assets confiscated by the FBI with little to no explanation.

The case is centered on a Los Angeles-based couple who says the FBI abruptly seized $40,200 of their life savings from a safety deposit box.

Linda and Reggie Martin want to know why the FBI took their cash, along with the contents of hundreds of other people’s safety deposit boxes, from a financial storage company in Beverly Hills in March of 2021.

The couple says the agency seized their money without providing any evidence of illegal activity.

Attorney Bob Belden says the FBI’s move is plainly immoral and violates the Martins’ rights as American citizens.

“The government shouldn’t get to take your property if it can’t tell you what you did wrong.

Using civil forfeiture, the government decides for itself whether to take and try to keep property, even when it doesn’t suspect the owners of any crime. Then, the FBI sends copy-and-paste forfeiture notices that fail to tell owners anything about why it is trying to take their property. That’s not only wrong; it’s unconstitutional.”

In total, the FBI’s operation seized more than $100 million in cash, gold, jewelry and other valuables from hundreds of people at the Beverly Hills location, according to the Institute for Justice.

The agency sent blanket notices that “indirectly refer to hundreds of federal crimes”, but the government refuses to say what the couple specifically did wrong.

The new lawsuit, filed in the U.S. District Court for the District of Columbia, asks the court to halt administrative proceedings for everyone who has received one of the FBI’s forfeiture notices.

To date, Linda says she and her husband have not been charged with a crime, and there is no indication that they will ever see their money again.

“The FBI took my savings nearly two years ago but has never told me why. It’s been a confusing and frustrating process from the day my money was taken. No one should have to go through this.”

Institute for Justice senior attorney Rob Frommer says civil and criminal forfeiture is a big money maker for federal law enforcement.

“Thousands of times every year, people receive paltry notices that merely say the government wants to forfeit their property because it might be wrapped up in one of hundreds of federal crimes.

Linda’s plight highlights the ugly truth that federal forfeiture incentivizes agents to seize as much as they can, even absent any reason to think that a crime was committed. The FBI’s ‘policing for profit’ deliberately leaves property owners in the dark in order to keep them from fighting back.”

According to the Institute, a federal judge has stated that a separate client involved in the same safety deposit seizure operation received an “anemic” forfeiture notice, and the FBI violated due process and the Fifth Amendment.

Source: The Daily Hodl

https://dinarchronicles.com/2023/06/17/us-government-sued-for-allegedly-seizing-cash-gold-and-jewelry-from-citizens/

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Courtesy of Dinar Guru

Mnt Goat  If the CBI was successful in regulating the use of the dollar in Iraq and now the conversion solely to Iraqi dinars as their national currency, then the redenomination to the lower denominations this could go quickly. Of course, there is lots going on here and there will probably be some hiccups as they may expose more corruption in the banks or black marketeers as usual. Anything can happen but there is no turning back now on the process.

Militia Man  Article:   "IRAQ DINAR: With the document.. the budget law reaches the Presidency of the Republic for approval"  The completion phase is effectively done and now the implementation and distribution phase is to be upon us!  I hope everyone realizes we have never been here before with a budget like this.  All of those that have been in this investment should know the implications of this are huge. An investment oriented 3 year budget sets this stage for the likes of J.P. Morgan to facilitate foreign trade.  We dinar holders are a part of this.

This is good most watch

Nader:  6-18-2023

Any buddy know this guy??

https://www.youtube.com/watch?v=liyOQcJT5-A

The Banking System Will Collapse , Gold & Silver Will Crash? | Andy Schectman Gold & Silver Analysis

Intelligent investors:   6-18-2023

https://www.youtube.com/watch?v=NQ6u6HhqguY

More News, Rumors and Opinions Saturday Night 6-17-2023

KTFA:

Clare:  Parliamentary Committee: We are working to prepare the appropriate ground for approving the oil and gas law soon

6/17/2023  Baghdad

The Parliamentary Committee on Oil, Gas and Natural Resources confirmed, on Saturday, that the road has become a paved path for the adoption of stalled laws, the most important of which is the oil and gas law.

Committee member Zainab Juma al-Moussawi said, "After approving the financial budget for the years (2023-2024-2025), the road is now paved for the approval of suspended laws from previous parliamentary sessions, the most important of which is the oil and gas law, which will draw a map of oil in Iraq and solve problems between the federal government and the regional government." Kurdistan and guarantees the rights of both parties.

Al-Moussawi added, "The Oil and Gas Committee is working to prepare the appropriate ground for approving the law very soon," revealing "the presence of political interference working to obstruct the legislation of this law within the House of Representatives."

And she stressed, "There are political forces that do not want to solve the Iraqi economic problems,"  LINK

DoTalkToMe:  I am of the opinion the IQD new rate would work with or without Iraqi citizens. If they raised the value and made it the official legal tender.

The rest of the world would prosper and do business in Iraq like it was the only place that exists on the planet causing Iraq to profit like crazy, and believe it could work even going in reverse order.

48.2 million is the estimate population of Iraq. The whole world is on hold because we're waiting on 48.2 million people to believe in their government.

No place in the world do people believe in there government.

Zeeman: RE: Budget:    if the pres has it and its so important it should have been signed instantly and sent to the gazette. imo  

Ryan1216:  At latest if he doesn’t sign it. Within 2 weeks it becomes law and is posted in the Gazette. Let’s just pray this goes now. IMO  

Scarlet10:  I believe it is already signed and will show up in the gazette any time now. So many secrets going on behind closed doors that will soon be revealed to us.

Randy:  IMO They'll milk the currency auctions for two more weeks. JULY 1, 2023IS SAT. EXACTLY MID-YEAR ACCOUNTING......ADD TO THAT RETRO TO JAN. 1, 2023. Monday Banks closed, MAYBE NOT, But they sure are on July 4,2023 Tuesday  maybe Gazette is Published July 5thIraq Celebrate 5th of July with

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Courtesy of Dinar Guru

Militia Man   We have never seen anybody say the project to delete the zeros from the exchange rate has ceased and stopped.  We know they printed new small category notes in the past...and there's evidence of that...in the central bank's files...it's an amazing time to be invested with the Iraqi dinar and we're gonna see this come to fruition...

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  They saying that implementation of those that were caught using the dollar have been arrested and how they're being punished and they're telling us that because they used the dollar this is what happened to them.  They're telling us how the dinar will be stronger.  They're saying how we should back the dinar and the CBI says are doing campaigns to show and grow the support.  FRANK:  Get ready... it's possible that they are preparing to tell you about your new currency and your new exchange rate and the ATMs...

Why Everyone Will Be Flocking To Gold & Silver Soon: Lynette Zang | Gold And Silver Price Prediction

Finance Daily:  6-17-2023

In this video Lynette Zang talks about the banking crisis is just the beginning of what's about to unfold. We are now on the brink of a government debt crisis that can wipe out creditors and freeze the entire credit system.

 Do you think this is orchestrated or an accident? I'm here to show you behind the curtain, because now is the time to hedge your bets.

https://www.youtube.com/watch?v=Rr5l_SnkY3w

Economic Thoughts From Sean Foo and John Rubino 6-17-2023

America Is Preparing For China’s $859 Billion Treasury Dump | De-Dollarization Nightmare

Sean Foo:  6-17-2023

As Janet Yellen admits de-dollarization will drive the dollar's decline, U.S. Congress is afraid of a massive treasury dump from China!

Why is Yellen being asked to prepare for this potential disaster? It's because the US economy is incredibly fragile at this point.

A treasury dump would almost guarantee a recession for the United States.

 Here's what you must know!

Timestamps & Chapters:

0:00 America's Big Fear

2:06 China Has A Ton Of US Bonds

4:36 US Economy At Risk

 7:26 Why The U.S. Is Afraid

10:13 China's Treasury Dump Disaster

 13:44 The Real Danger

https://www.youtube.com/watch?v=asZKKnJfDfA 

Bank Losses To Spook Depositors | John Rubino

Liberty and Finance:  6-17-2023

By the end of the year, we could be looking at a very different financial system, says John Rubino of https://rubino.substack.com.

He expects banks' balance sheets to concern depositors leading to even more bank runs. It's possible that by the end of the year, the Fed has rates near 0% and officials are scrambling to bail out the system.

INTERVIEW TIMELINE:

0:00 Intro

2:00 Housing market

 11:58 Costal vs rural areas

 19:00 Privacy

29:00 Banking system

https://www.youtube.com/watch?v=lDXui2LOx3Y

"Tidbits From TNT" Saturday 6-17-2023

TNT:

Tishwash:  Sudanese adviser sets the date for the entry into force of the budget

The economic advisor to the Prime Minister, Mazhar Muhammad Salih, said today, Saturday, that government institutions will start implementing the instructions and the budget law will enter into force.

Saleh told {Euphrates News}, that "the budget is awaiting the approval of the President of the Republic and will be published in the Iraqi Gazette, after which special instructions will be issued to implement those instructions issued jointly by the Ministries of Finance and Planning." 

And he continued: "On the basis of which, government institutions will start implementing these instructions, and the budget will enter into force, noting that this process will not take more than one week."

And the House of Representatives approved, at dawn last Monday, the draft federal budget law for the fiscal years 2023-2024-2025, more than 4 days after the sessions were held since last Thursday.

The value of the current year’s budget is 197 trillion and 828 billion dinars (about 152.2 billion dollars), with a total deficit of 63 trillion dinars (48.3 billion dollars).

 For his part, Prime Minister Mohamed Shia Al-Sudani confirmed, in a statement, that "the government will work to review the items that have been amended in the budget and study their compatibility with the government's vision and objectives approved in the ministerial curriculum approved by Parliament."   link

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Tishwash:  Parliamentary Oil: The road has become paved for the adoption of broken laws, the most important of which is the oil and gas law

Today, Saturday, the Parliamentary Oil, Gas and Natural Resources Committee confirmed that the road has become a paved path for the adoption of stalled laws, the most important of which is the oil and gas law, while it revealed that there are some obstacles to the legislation of the law.

Committee member Zainab Jumaa Al-Moussawi said, in a statement followed by Mawazine News, that "after approving the financial budget for the years (2023-2024-2025), the road is now paved for the approval of suspended laws from previous parliamentary sessions, the most important of which is the oil and gas law, which will draw the oil map." In Iraq, solve problems between the federal government and the Kurdistan Regional Government, and guarantee the rights of both parties.

Al-Moussawi added, "The Oil and Gas Committee is working to prepare the appropriate ground for approving the law very soon," revealing "the presence of political interference working to obstruct the legislation of this law within the House of Representatives."

And she stressed that "there are political forces that do not want to solve the Iraqi economic problems," noting that "the Oil and Gas Committee is working hard to remove obstacles and resolve differences between the governments of Baghdad and Erbil."   link

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Tishwash:  Iraq begins negotiating with Space X for satellite internet.. “The optical cable is difficult and expensive.”

The Ministry of Communications announced, on Saturday, the start of contracting procedures to introduce Internet service through space to Iraq for the first time, indicating that the door to negotiations has been opened with “solid international” .

In pursuit of the Ministry of Communications to provide the best services to citizens and institutions, and given that projects to provide Internet service via optical cable require a relatively long time to complete its deployment in all regions as a result of the difficulties of extension and excavation and the high financing costs of these projects, and with the aim of diversifying the sources of service provision, which contributes to increasing competition and lowering prices, The Opinion Board in the Ministry of Communications approved the initiation of contractual procedures to introduce (internet via space) service to Iraq, for the first time, similar to developed countries in the world, using low-orbit satellite technologies that provide Internet service directly to users on the ground through a huge network of satellites provided by it.

A number of discreet international companies such as (one web), (Space X) and (Amazon), where the ministry opened direct negotiation channels with these companies to proceed with the contracting procedures in order to deliver this service to .Iraq as soon as possible   link

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Tishwash:  Baghdad settles scores with the region after the budget enters into force

The secretary of the Kurdistan Regional Council of Ministers said that the funds that reach the region will be liquidated retroactively after the implementation of the general federal budget law for 2023.  

 And the Secretary of the Council of Ministers for the region, Amanj Rahim, added in a post followed by “NAS” on Saturday, (June 17, 2023), that the articles related to the region in the budget are articles 11-12-13, and after publishing the budget, the law will enter into force retroactively from January 1 and according to Budget One trillion and 200 billion dinars will be liquidated for the Iraqi commercial banks, Al-Rasheed and Al-Rafidian, and will be deducted from the monthly dues specified for the region in the budget.  

The Secretary of the Council of Ministers explained the main commitments contained in the budget for the region as follows:  

 * Delivery of 400 thousand barrels of oil produced in the region in the event of resuming exports through the port of Ceyhan or using it for refining and local consumption.  

 * Delivering 50% of the proceeds of border crossings to the federal treasury.  

 * Delivery of the monthly installment of the region's obligations towards the Trade Bank of Iraq.  

 Submission of the budget reviewed by the Ministry of Finance.  

 The agreement of the federal and regional financial oversight bodies on the review mechanism.  link

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CandyKisses:  For the third month in a row. Iraq reduces US bond holdings

The US Treasury Department announced on Saturday that Iraq's holdings of US bonds fell for the third consecutive month to about $ 35 billion.

The Treasury stated in its latest table that "Iraq's holdings of US Treasury bonds for the month of April 2023 decreased by $ 4.5 billion to reach $ 34.8 billion after it was $ 39.3 billion during the previous month," indicating that "these bonds rose by 18.6% from the same month of 2022 when Iraq's possession of bonds amounted to $ 28.3 billion."

In the Arab world, Saudi Arabia comes at the forefront of the most possessing countries, with $ 113.3 billion, the UAE comes second with $ 70.2 billion, then Kuwait third with $ 41.4 billion, then Iraq fourth and Oman fifth with $ 7.061 billion.

The Treasury pointed out that "the most countries holding US bonds are Japan with $ 1.127.2 trillion, followed by China with $ 868.9 billion, the United Kingdom with $ 680.7 billion, and then Belgium with $ 336.6 billion." 

Mot: .. ""Stephan King"" - the Early Daze! ~~~~~

Mot:  ...... Uh Oh!!!! 

News, Rumors and Opinions Saturday Morning 6-17-2023

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.

Restored Republic via a GCR: Update as of Sat. 17 June 2023

Compiled Sat. 17 June 12:01 am EST by Judy Byington

Global Currency Revaluation:

On that same Mon. 19 June Tier4b was expected to receive notification to set exchange/redemption appointments according to Sheila.

MarkZ: My bankers at redemption centers believe they will be working this weekend. …Twenty new countries have applied to join BRICS alliance. They are meeting in Russia to work on the new commodity backed international currency as we speak. …US Banks facing $1,450,000,000,000 in commercial real estate exposure as leaders prepare to sell at a loss. Many are bailing on their loans because they cannot make any money. Commercial real estate is taking a tremendous nose dive. The real estate bubble has burst. A reset is required.

Fri. 16 June Rayen: Banks, all of a sudden, went quiet on us this evening. They’ve been told to Hush Up. Get Ready! $$$$$$$$$$$

Thurs. 15 June 2023 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456

On Sat. 17 June the President of Iraq was expected to sign off on the Iraqi Budget (passed by the Iraqi Parliament) that contained the new Iraqi Dinar Rate in it – to be retroactive to 1 Jan. 2023.

All tests on the Quantum Financial System have been performed and the system is ready to go.

The new gold/asset-backed US Note is to be presented as part of NESARA, which activates on Fri. 16 June. That includes increases in Social Security payments and Reclamation allowances.

Reclamation Allowances will be paid out through deposit in individual bank accounts in the last week of June.

Tiers 1 and 2 have started to be paid out.

Tiers 3 and 4 will be processed I the next couple of days.

Tier 4b should be notified to set redemption/ exchange appointments on Fri. 16 June or Sat. 17 June.

All Currency exchanges and Zim redemption should be completed by the end of June.

At least one Redemption Center Staff have been called in and will be working full time for the next 14 days.

David Wilcock:

Financial Giants Teeter on the Brink of Collapse! BlackRock, Vanguard, JP Morgan Chase on the Verge of Bankruptcy!

Unveiling the shocking truth behind the manipulated financial reports, the imminent collapse of industry giants like BlackRock sends shockwaves through the global economy. As their shares plummet and earnings dwindle, the crumbling facade becomes undeniable. Brace for the implosion of a financial empire that will rock the very foundations of Wall Street!

Read full post here:    https://dinarchronicles.com/2023/06/17/restored-republic-via-a-gcr-update-as-of-june-17-2023/

***************

Courtesy of Dinar Guru

Militia Man  Think about it - What's it going to take to rebuild a war torn country?  At 1310 there's not enough dinar in the world to do so.  You can do all the math calculations you want but their budget's not going to work at 1310.  It's just not going to do that.

Frank26  The CBI tells all of its banks you have to open branches in the largest cities we have.  What a better way to advertise the new national currency and the new exchange rate in these big cities.  No sense in going to the little city, you're not going to get that much information to spread.  Go to the big cities it'll spread very quickly and we'll let every citizen know with the app on the phones we game them...Build banks in all the largest cities of Iraq?  I guess they have some kind of a big announcement or a big project or some big service that they're about to offer the citizens of Iraq.  Fascinating...

De-Dollarization Is Driving The Dollar's Decline: Sanctions Backfired, Yellen Admits

Lena Petrova:  6-17-2023

https://www.youtube.com/watch?v=aHqiv6qLoro

Expect The "Pivot" Next...Rates Could Go NEGATIVE!!

George Gammon:  6-17-2023

https://www.youtube.com/watch?v=o7Xcl5PtLlU

Economic Thoughts From Rafi Farber and Josh Ccrumb Friday 6-16-2023

Rafi Farber - Treasury Spends Nearly $1 Trillion in June So Far

Arcadia Economics:  6-16-2023

Silver remains in a tight trading range as open interest in silver futures nears a 6 month high. That suggests a price smash ahead for paper traders is a strong possibility in order to get those numbers down.

The possibility of a spot price smash doesn't have much bearing on physical buyers though, since premiums tend to rise on these sorts of events, and physical premiums remain stubbornly around financial crisis highs.

Apparently, silver's back-and-forth since 2021 hasn't discouraged the stackers from doing their thing, so to speak. As for where the next crisis will emerge from, it looks like commercial mortgages is the most likely culprit.

To find out more, click to watch the video now!

https://www.youtube.com/watch?v=2F3Usw5vxgc

The Secret Reason Every Market Seems Broken Today... From Stocks to Gold, Nickel to Carbon

Stansberry Research:  6-16-2023

“What people miss is this transition to what I believe is going to be a medium-term or even long-term supply shock in the commodities space,” says Josh Crumb, president and CEO of Abaxx Technologies.

He explains that we’re entering a period of “structurally higher inflation” and “heightened volatility” that will lead to the fluctuation of gold prices. Additionally, the global commodity infrastructure is underinvested across the board, down from roughly $2 trillion a year to nearly $1.5 trillion even though demand is still growing.

“We’re just chronically underinvested,” in a new environment with “higher volatility and higher interest rates,” he claims. “The capital is not hitting the market like it needs to,” he says.

 Finally, he discusses the future of the energy sector and how decarbonization finance could impact that space.

Chapter stamps:

00:00 Abaxx technologies listing

4:52 How can the current exchanges get better?

5:40 Abaxx metal price

7:17 Copper

 8:23 LME halts nickel trading

9:40 Gold price

12:09 Commodities/energy

 12:55 Silver

 13:38 Carbon market

https://www.youtube.com/watch?v=p6Gev76uepE

Friday Evening News With MarkZ 6-16-2023

Friday Evening News with MarkZ

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: Welcome to Father’s Day 3 day weekend with “Juneteenth” on Monday

MZ: They always said they wanted a 3 day weekend…didn’t they? Maybe it will mean something this time?

Member: We should enjoy this weekend…And especially all of the Fathers out there….

MZ: Some news today “US permits Iraq to release billions to Iran”  Why is this important? Even though Iran is under sanctions right now- Iraq has been allowed to finish paying them settlements left over from the Iraqi war.  Also to pay for power and electricity that is coming from Iran.

MZ: This is important because we were told this was one of the last things along with paying Kuwait before they could move forward with ascension to the World Trade Organization and change the value of their currency

Member: I detest that the US still has so much power over Iraq.

MZ: What I am hearing out of Iraq on the budget is the president has it – he signed it and it will be announced tomorrow in the Gazette and in the mosques.

MZ: Redemption center folks are not planning on working tomorrow but they are working on Sunday. Hopefully this means something big is happening.

MZ: No updates on the bond side.

Member: If it’s a shotgun start- they will be waiting for us to go…..

MZ: This is a big one that I am sure is already showing up on all the dinar boards. The Rumor from Iraqi financial circles ….. Is  that they do plan on starting a float this weekend  of about  $1.00 and float to see what kind of stability it has before they pull the trigger for the rest of the world and for us. So this will start “in-country only”

MZ: We are already seeing the numbers move. The official rate is around 1310 but it is showing in the markets at considerable better.  This shows they are positioning for an immediate roll-out over the next few days .

MZ: This is IMPORTANT as it will not affect us , but it will show they are moving forward.and moving forward quickly.

Member: If this goes for more than 3.22 I think I might faint!

Member: Heard a rumour of $4.30 contract rate for IQD today

Member: looking forward to seeing what size notes gets spat out from them new ATMs when they come online proper

Member: TNT Tonytntray98 saying 99.9% this weekend get notifications!!!

Member: Ed of Sarasota says US announcement of gold backed USN is..... that word again imminent!

MZ: Now with BRICS – every time we turn around more countries want to join….”BRICS : 30 countries participate to ditch the US dollar as Global Reserve Currency”  30 right now are 100% in and 80 countries  or so have already voiced their willingness to sit down at the table ad accept a new currency and ditch the US dollar. .

Member: ​can you say operation sandman?

MZ: “Economist discusses volatility of the new BRICS currency –Says pegging to Chinese Yuan would be the first major step”  I disagree with economists on that…..This new asset backed currency will not be pegged to any one country.

Member: I wonder when the US will be Gold/Asset backed?   Soon I pray!

Member: Mark did you see the Nigeria was floating there currency?? So an an article about it yesterday.

MZ: “Big commercial real estate downturn could sink 300+ banks”  The real estate bubble has popped.

Member: Banks are on Holiday Monday, Hoping that is a good thing for us?

Member: Thanks to all of the mods here…. You are greatly appreciated….

Member: Everyone enjoy your weekend…..may this be our last one broke.

Member: Happy Father's Day to all the Dads out there!!!

Mod:  THANK YOU ALL FOR JOINING! HAVE A BLESSED NIGHT! LOVE AND HUGS TO ALL!

Member: let the good times roll!

MZ: Tomorrow morning call will not be on youtube. Watch us on Rumble or Twitch. At 10AM est…

THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY

Markz will be on rumble on SATURDAYS ONLY so he can speak his mind. You will find him on YouTube during the week.

SATURDAYS  GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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

https://www.youtube.com/watch?v=SeFOhWJbQmE

Bruce’s Big Call Dinar Intel Thursday Night 6-15-23

Bruce’s Big Call Dinar Intel Thursday Night 6-15-23   

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the Big Call. It is Thursday, June 15th and you're listening to the Big Call. Welcome, everybody. Glad you're tuning in all over the globe to us tonight - Whether you're listening live or replay numbers or links. Anyway you're getting here - We're pleased to have you here

Intel wise.   Now listen guys, the 15th which is today - 15th  of June was supposedly our end all be all day to be notified - to get the toll free numbers and set appointments we  had  a window from Tuesday morning to Thursday morning.

Guess what - the window closed and we don't have that window today - ain't happening - but there is some light at the end of the tunnel - Because we did hear that things that need to be complete - need to be done - are being done.

But let's figure this out first. We thought we were through with Iraq. They had done everything they passed their budget, but guess what? The new President of Iraq has not yet signed off on it. At least that's what we heard today. You're not signing off on it. And they need to put that in the Gazette.

Now, most of us go - so what - what does that have to do with us? The budget has passed – Oh but it has not been signed off by the President -

Oh, by the way. Oh, oh, this is guys is grandstanding. All this is is one step forward and two steps back between the US / Iraq and the US holding Iraq back until the US is ready for everything to go. That's what all this is - I call it grandstanding – that’s what all those maneuvers are

Now we have heard that the President of Iraq will sign off sign the budget off on Saturday. And maybe they'll put it in the Gazette on that normal day, which is a printed day, normally for Iraq to put it in the gazette in printed form on Saturday. And maybe that's when it happens.

Maybe it's already signed off and we just don't know about it. It's hard to know. We're looking for direct response back from our contacts in Iraq to answer that question. All right. so that's where we stand on Iraq right now. let's set that aside.

What we are hearing is the checks and cross checks on the quantum financial system have been performed. That means the QF system is ready to go. It's been tested, checked and cross checked . It's good to go. And that's supposed to happen by today. So they did that right. They've got the QFS fully integrated with the banks. And it's been tested and it's all good to go. That's good. We can set that aside.

And with that, the US N our new asset backed currency is to be presented not really announced but presented as part of NESARA - well, that kickoff date or activation date for NESARA is supposed to be tomorrow, June 16. We'll see if anything comes forward about NESARA and GESARA.

Let's see if that holds up. If those date if the date of the 16th of June holds up for NESARA and GESARA – and listen it's not supposed to be the entire kit and caboodle. It's more likely to be some discussion about increases in Social Security and also the restitutional and reclamation allowance that's the birth certificate money, the tax money paid in the interest paid on credit cards, interest paid on bank loans, interest on mortgages, all of that rolled into one, restitution and reclamation allowance that we should get quite possibly in the last week of June.

Okay, let's see if that's when it happens. I think that's when they like to have it go out.

That's gonna make a big difference in a lot of people's lives. There's the lump sum, if you're 62 years and older.  Especially if you're on social security, because you're supposed to get it as far as we know.

We're supposed to get it deposited into the bank account where you receive your Social Security now

If you're not on Social Security, they'll have to figure out another way to communicate with you and put that into an account of your choice. All right. So that's kind of another world of its own right now .

So right there.  On Social Security increase, we have one example of somebody who was supposed to we thought you had an increase in Social Security yesterday. – that didn’t -   And we had another individual that reportedly did get an increase in Social Security and it was significant - Yesterday

 So you know, it's not definitive. It's not definitive right now we're going to have to see what else happens.

Now - When it comes to everything else - What we have heard is that tier one and tier two has started. Those have been processed and are starting to move. We also believe that the tier three and tier four, which represents the largest group,  the combination of accounts that need to be hydrated and have access to funds. Those we understand are going to be  processed for us in the next couple of days.

Well, the other thing that we're hearing from one of our highest Paymaster bondholders is that tier 4A and 4B are to be notified with those emails we talked about either Friday, or Saturday

And of course based on the time that we will be notified, we probably decide whether we're exchanging on that day or the next day. Typically, if you get if we get notified in the morning, let's say before 10 o'clock in the morning, we could set appointments and go that afternoon.

They may notify us in the afternoon which would mean that we would set appointments and start exchanges on Saturday. Now if we can order by Saturday, I don't know we could possibly start Saturday and just power right through Sunday the rest of the week. But I know this much - they want to get all the exchanges done and the Zim redeemed by the end of June

They want to do is give us at least 12 days to 14 days to do those exchanges – the redemption center  that we're aware - of one of three, but one of the redemption centers has all of their staff in today for the next 14 days, ready to receive our calls to set our appointments at the redemption center. And in that particular locale.

So what we're trying to figure out is of course, when is it our turn? And we all know by now they don't really want us to know when -  we do well to get what information. I was able to obtain today.

But it's really, it's to call it a moving target is an understatement. Because we have heard of walls and backwalls. We've heard of things and they've come and gone - even this last one now, to be fair Yeah, they had movement going today with the top tier one and tier two groups. Yeah, that did go today. But we were told we would get notified today, and it hasn't happened. So I'm gonna say let's see what happens tomorrow and Saturday and hopefully will come in for us and we will have a chance to get those emails and get started with our exchanges.

Alright guys, so we are looking forward to getting something over the weekend which starts tomorrow, tomorrow or Saturday. We'll see what happens and we'll plan our exchanges.

So I want to say one more comment before we close and that I know this issue about these exotic currencies. That's what they're called - exotic currencies. Now obviously, a lot of these are they go up about 29 or more are going up in value significantly. And we know the ones that of course that are going up high -

Okay, and that's what we're involved in - But here's the thing, I know this subject – it has separated families  - it has separated  husband and wife,-  one has currency and the other  doesn't believe in it. You know, whatever - that saddens me - and I hope that when this goes through, and one spouse is vindicated because no one didn't believe it and all of a sudden, they have more money than they know what to do with it. It's interesting that I hope the spouse that stuck with this does not say I told you so not in a vindictive way.

That more or less says well - God knew this would happen. We stayed in faith for it. It came through we’re all that glad we did. And hopefully those separations will come together.

The difference of opinion of one spouse and the other are children, not believing mom or dad on this thing or whatever - Whatever the dynamic was in the family - I hope the families will come together. They have to be quiet. We're going to be under NDA - they are not going to be able to discuss this.

You have to keep it on the down low.

Here’s the thing - Let's believe that husband and wife will come back and have attitude of unity and stay together and build out the family of their dreams together.

You know what God has put together  let no man put asunder. Let's see if we can keep that.

Okay, let's see if we can keep that. Let's do that. Those were the values of the wedding. The wedding ceremony. Let's see if we can maintain that. Alright guys, that's what I've got for you tonight.

Let's see what the weekend  can bring - starting tomorrow. And then we will talk to you or not. But we will communicate with you by email... Well, let's pray the call out.

Bruce’s Big Call Dinar Intel Thursday Night 6-8-23   REPLAY LINK    Intel Begins   1:12:45

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Bruce’s Big Call Dinar Intel Tuesday Night 6-13-23   REPLAY LINK   Intel Begins   1:07:37

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Bruce’s Big Call Dinar Intel Thursday Night 6-8-23   REPLAY LINK    Intel Begins   1:06:00

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Bruce’s Big Call Dinar Intel Tuesday Night 6-6-23   REPLAY LINK   Intel Begins   1:18:18

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Bruce’s Big Call Dinar Intel Thursday Night 6-1-23   REPLAY LINK    Intel Begins   1:00:55

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Bruce’s Big Call Dinar Intel Tuesday Night 5-30-23   REPLAY LINK   Intel Begins   1:15:00

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Bruce’s Big Call Dinar Intel Thursday Night 5-25-23   REPLAY LINK    Intel Begins   1:15:15

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Bruce’s Big Call Dinar Intel Tuesday Night 5-23-23   REPLAY LINK   Intel Begins   1:11:11

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Bruce’s Big Call Dinar Intel Thursday Night 5-11-23   REPLAY LINK    Intel Begins   1:00:50

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