The End! Africa Just Announced Their "One Currency", Europe Follows Suit in Dumping the Dollar (Includes Iraq)
The END! Africa JUST ANNOUNCED Their "ONE CURRENCY", Europe Follows Suit In Dumping The Dollar
Tech Revolution: 7-27-2023
Africa is now leading the charge in a global shift away from the US dollar in international trade.
De-dollarization is becoming the buzzword of the moment. And recent developments across the continent, Europe, Iraq, and Venezuela, are shining a spotlight on this growing trend.
From the push for a unified currency in Africa to France's bold decision to ditch the dollar in trade with China, the world is witnessing a transformation in how countries do business.
So, what does this mean for the future of the US dollar and the global economic landscape?
Let's dive in and explore the exciting journey of de-dollarization together!
The END! Africa JUST ANNOUNCED Their "ONE CURRENCY", Europe Follows Suit In Dumping The Dollar
Tech Revolution: 7-27-2023
Africa is now leading the charge in a global shift away from the US dollar in international trade.
De-dollarization is becoming the buzzword of the moment. And recent developments across the continent, Europe, Iraq, and Venezuela, are shining a spotlight on this growing trend.
From the push for a unified currency in Africa to France's bold decision to ditch the dollar in trade with China, the world is witnessing a transformation in how countries do business.
So, what does this mean for the future of the US dollar and the global economic landscape?
Let's dive in and explore the exciting journey of de-dollarization together!
Africa is taking significant steps towards a unified currency and reducing its reliance on the US dollar.
One of the key initiatives driving this momentum is the Pan-African Payment and Settlement System, also known as PAPSS. This system aims to facilitate trade and economic cooperation among African nations.
It works by enabling them to conduct transactions using their own currencies rather than relying solely on the US dollar. The African Export-Import Bank is actively participating in implementing PAPSS, providing the necessary support and infrastructure. Their involvement highlights the commitment of African countries to foster financial independence and strengthen regional economic integration.
And as PAPSS gains traction, more countries are expected to join the system. The African Export-Import Bank anticipates that by the end of the year, 15 to 20 countries will have joined PAPSS. This would solidify the collective effort towards reducing dependence on the US dollar and promoting intra-African trade.
Europe is also making advances to reduce its dependence on the US dollar. In fact, France has decided to ditch the dollar for an LNG gas trade with China. By conducting this trade using currencies other than the US dollar, France is signaling its desire to diversify its currency holdings and promote alternative payment methods.
This move by France has broader implications for European countries seeking alternatives to the US currency. It also highlights a growing sentiment among European nations to explore new avenues and reduce reliance on the dollar-dominated financial system.
And by embracing alternative currencies and payment mechanisms, European countries aim to enhance their economic autonomy. It also reduces their exposure to potential disruptions caused by fluctuations in the US.
Meanwhile, Iraq has banned US dollar transactions to strengthen its own currency and gain control over the black-market exchange rate. The motivation behind Iraq's move is to curb the volatility in its currency.They also want to reduce its reliance on the US dollar.
By banning US dollar transactions, Iraq aims to promote the use of its own currency and increase its value in the global market. This move is part of Iraq's broader de-dollarization efforts, which involve reducing its dependence on the US dollar and diversifying its foreign exchange reserves.
And by strengthening the Iraqi Dinar and controlling the black market exchange rate, Iraq hopes to stabilize its economy and attract foreign investment
But it doesn't stop there. Venezuela also actively promotes alternative payment platforms to SWIFT, the global banking network. This aligns with the country's push for de-dollarization, aiming to reduce its reliance on the US dollar in international transactions. By seeking alternatives to SWIFT, Venezuela is looking to establish more independent and secure payment systems that are not subject to potential US sanctions.
Furthermore, Venezuela's efforts to promote de-dollarization are closely linked to its use of cryptocurrencies for oil transactions. One example is its own national cryptocurrency called the Petro, to bypass traditional financial systems dominated by the US dollar.
In addition, Venezuela can conduct transactions outside the reach of US sanctions and financial restrictions by accepting cryptocurrencies as a form of payment for its oil exports. Using cryptocurrencies in oil transactions gives Venezuela anonymity and flexibility, as these digital assets are not directly controlled by any single country or central authority.
It allows Venezuela to establish direct and peer-to-peer transactions. It also reduces the need for intermediaries and potentially lowering transaction costs.
More Details In The Video
More News, Rumors and Opinions Tuesday Afternoon 6-27-2023
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.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 27 June 2023
Compiled Tues. 27 June 12:01 am EST by Judy Byington,
Global Currency Revaluation:
Mon. 26 June MarkZ: There is a lot of anticipation for “Any Moment Now” since the budget is done. I am being told they need a day or two at least to make certain rates have completely stabilized after the budget news. Rumors are that on Wed. 28 June we are going to see something, like a value change for the dinar. Frank 26 said the new Dinar Rate comes out July 3. Some sources are looking at the 3rd, but either way it definitely appears to be close.
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 Tues. 27 June 2023
Compiled Tues. 27 June 12:01 am EST by Judy Byington,
Global Currency Revaluation:
Mon. 26 June MarkZ: There is a lot of anticipation for “Any Moment Now” since the budget is done. I am being told they need a day or two at least to make certain rates have completely stabilized after the budget news. Rumors are that on Wed. 28 June we are going to see something, like a value change for the dinar. Frank 26 said the new Dinar Rate comes out July 3. Some sources are looking at the 3rd, but either way it definitely appears to be close.
On Mon. 26 June the Iraqi Parliament published their budget, making the Dinar international and trading up in value on the Forex. The Iraqi Al-Waqa’i newspaper affiliated with the Ministry of Justice published Law No. (13) for the year 2023 “The Federal General Budget of the Republic of Iraq for the fiscal years (2023-2024-2025).” https://kirkuktv.net/AR/Details/16008
Babysmom: The Central Bank of Iraq has not yet changed their Dinar Rate. They will change it in-country, then the rate would change on the Forex, then Tier4b could exchange because the banks go with the Forex Rate as their opening guide.
Judy Note: Tier4b can exchange at an Exchange Center, not a Bank, so as to receive the higher rates. Banks exchange currency at the rate as shown on the Forex at the time of the exchange.
Money Supply Growth Falls to Depression-Era Levels for Second Month in April
Sun. 25 June X22 Report Economic Illusion is Breaking Apart: https://dinarchronicles.com/2023/06/25/x22-report-the-economic-illusion-is-breaking-apart-soon-people-will-see-it-all/
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What is a quantum financial system? Aria Thomas
While it’s difficult to find someone who hasn’t heard about cryptocurrencies, their scientific counterpart is not as well known. It all comes down to quantum money. Both technologies use cryptography to offer a secure value transfer channel, therefore the principle is comparable.
The quantum money system, on the other hand, is based on quantum physics and employs ‘quantum bits’ or ‘qubits,’ hence, unlike classical computers, it no longer relies on the 0-1 system. In quantum computing, 0 and 1 can coexist or possibly form a type of combination. Furthermore, this innovative method allows for many ongoing calculations that might differ even while the input remains constant. As a result, it is far more dependable and resistant to counterfeit than previous methods.
The Quantum Financial System is a great development that has been in the works for many years.
The Quantum Financial System (QFS) is a new financial technology that has never before opened up the world of money.
Quantum Banking revolves around quantum-secure blockchain encryption, quantum computing, and quantum cryptography.
According to the IMF, “quantum computers have the potential to revolutionize industries and fields that require significant computing power, such as modeling financial markets, developing new effective medicines and vaccines, empowering artificial intelligence, and creating a new and secure mode of communication (quantum Internet).”
The Quantum Financial System employs blockchain technology to democratize wealth generation and quantum encryption to safeguard your funds.
This technology allows banks and enterprises to communicate data through an unhackable quantum network.
The Quantum Financial System is built around two quantum computers that collaborate to form a quantum network.
The Quantum Financial System outperforms the traditional financial system in terms of speed and efficiency.
It’s also less expensive because there are no intermediaries or transaction fees to contend about. If you’re familiar with cryptocurrency, you’ve probably heard it before.
Read full post here: https://dinarchronicles.com/2023/06/27/restored-republic-via-a-gcr-update-as-of-june-27-2023/
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Courtesy of Dinar Guru
Frank26 Question: "With the new currency will we have a new rate?" Yeah. When the new currency comes out that they've been talking about it will definitely have a new exchange rate in order for it to work. It certainly can't work at a program rate can it.
Walkingstick and Frank26 IOO everything is going to be done all at once now that we have the budget. Once you crack open that piñata it's gonna give us everything - the new small category notes, the exchange rate, the ATMs, HCL, everything. It's illogical to break it up and give us this part now and another part a week from now and then the rest later. No. Everything, boom all at once.
Is The "Buffet Market Indicator" Pointing Towards A STOCK MARKET CRASH? Economy Worsens.
Greg Mannarino: 6-27-2023
UK’s Economic Collapse - People Losing Homes, Recession Is Next
Sean Foo: 6-27-2023
The UK economy is in serious trouble as inflation proves to be stickier than ever. This inflation crisis will force the Bank of England to hike rates even further beyond 5 percent!
This will cause major pain in the UK mortgage market as millions of refinancings are coming. Here's why the UK is likely going to fall into recession and why the cause will likely be higher interest rates. Here's what you must know!
Timestamps & Chapters:
0:00 The Collapse Begins
2:25 UK's Inflation Crisis
5:15 Higher Interest Rates Coming!
8:02 UK's Mortgage Nightmare
10:44 Cost Of Living Crisis
13:30 UK Recession Inevitable
"Coffee With MarkZ" Tuesday Morning Chat 6-27-2023
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….May all our dreams come true this week!!!
Member: Iraq people will be celebrating EID Al Adha starting Thursday for 4 days…..Would be a good time to let it go…….
Member: I was just told by a physician I work with that is from the Middle East that this holiday is their version of Christmas. Talk about PERFECT TIMING! Merry Christmas to the Iraqi people.
Member: I have two persons that say they have been told that their funds will be released today. May this be our day too!
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….May all our dreams come true this week!!!
Member: Iraq people will be celebrating EID Al Adha starting Thursday for 4 days…..Would be a good time to let it go…….
Member: I was just told by a physician I work with that is from the Middle East that this holiday is their version of Christmas. Talk about PERFECT TIMING! Merry Christmas to the Iraqi people.
Member: I have two persons that say they have been told that their funds will be released today. May this be our day too!
MZ: Iraq is definitely positioning to go full blown International!!! Between their developments , projects, paying off the WTO fees……they have done everything at this point that we can think of to go International.
MZ: MilitiaMan had a great video- be sure to go and watch it. He is planning at his point to be with us Thursday morning. The time difference makes it problematic…..he’s a night owl and I am a morning person.
Member: The Iraqi budget matters as militia man said, so that we can see where the money will be used, but it doesn’t work with 1310.
MZ: I continue to hear great expectations from sources about tomorrow the 28th through the 3rd of July. Most think it will be this week…..I hope that is accurate.
MZ: I have not heard anything on CMKX or PP’s….Mr. C has not been paid.
Member: The news is very contradictory.
MZ: That do that on purpose. Remember the morning of the Kuwait RV they ran articles saying they could’nt rv yet…it wasn’t time…..and they went that same day. Back in the 90’s -Within 3 days of China running a big ad saying the same thing….then did a very substantial revaluation. They feel like they have to play the news to keep the riming blurred.
Member: Question...what do you feel worst scenario will be with taxes on this?
MZ: I still believe there will be no taxes…..but be prepared in case I am wrong….Noone will know for sure until the RV happens.
Member: If we get Nasara first there won't be any taxes!
Member: Do you pay taxes when you exchange for travel now? No.
Member: Gurus Walkingstick and Frank26 IOO everything is going to be done all at once now that we have the budget. Once you crack open that piñata it's gonna give us everything - the new small category notes, the exchange rate, the ATMs, HCL, everything. It's illogical to break it up and give us this part now and another part a week from now and then the rest later. No. Everything, boom all at once.
MZ: I will totally buy it will be “Boom-all at once” I believe they are just waiting for the dinar stabilization after the budget release…then it will all go …..That is what I am being told.
Member: Wondering when CBI releases IQD rate on forex, does that magically trigger the whole RV? Would it be double dipping if we exchange some at the bank in advance? Scared to mess it up.
MZ: I firmly believe the forex is one of the last places we are going to see the rate. They need to announce it in Iraq first …then put it on forex. You are not going to mess up or miss it.
Member: So they will say $3.81 in Iraq they get to exchange, then redemption centers, then forex?!?
Member: Why does the Iraq budget matter now…when it didn’t matter 3 months ago?
MZ: Iraq has been moving forward so they can RV with or without the rest of the world…no matter what…..to force things…..kinda like BRICS. They are in a position where they can go and the rest of the world can “pound sand” I believe they are forcing the issue….CBI could go without the budget…..but they were unwilling to do it because of stability reasons…..logistics.
Member: Malitiaman indicated it had to be considerably more for Iraq to do what they plan to do.
Member: Now it's 1310 dinar to $1. Find the value by dividing $1 by 1310! In order for the budget to make sense, they'll need to raise the rate to $1.30. A huge leap in value.
Member: The $1.30 is the ENTRY point. That's where it starts trading at. Typically the rate will rise from there. Look at it like Iraq is an IPO, as it is starting to trade to get its legs for value...
Member: I believe The Dinar will revalue at $3.21-$3.81 to one dollar.
Member: TNT said the the CBI has 3 rate choices in rates. All approved by the US and in the $3 range
Member: I believe all the Dinar Gurus are on the same page. The Dinar can’t remain at 1320. The budget can only work if the Dinar is raised to $3 dollars
Member: what was the original IRAQ rate pre US shenanigans?
Member: I believe it was about $3.22….or so.
Member: Almost as much as I'm waiting on the new dinar rate I'm waiting for some sort of explanation about why this took so long
Member: This is like waking up everyday, watching Groundhog day, on Groundhog day, every day...
Member: Iran and BRICS need to move to force US Whitehats to pull trigger here! Need RV, ppl are hurting.
Member: Hang in there…..Positive vibes!! I realized this morning currency holders could be in future history books.
Member: I'm calling forth my abundance and envisioning all of my dreams, as though they've already happened! May all of your dreams come to fruition immediately and.more !
Member: wishing everyone a blessed day.
Member: Mark, many thanks as always for all the latest news & updates.
“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
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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
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
MZ: Farm Claims are what started the whole Nesara movement. So if you want a bit of History …please watch this one. https://www.youtube.com/watch?v=sAL0exvL45Y
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" Tuesday Morning 6-27-2023
TNT:
CandyKisses: Retirees appeal to Sudanese to release their salaries quickly: Empty pockets on Eid
{Local: Al-Furat News} appealed to the retirees, Prime Minister Mohamed Shia Al-Sudani, to release their salaries on Tuesday or during the days of the Eid al-Adha holiday
The retirees expressed in their interview with the agency {Euphrates News} "their dissatisfaction with the lack of release of salaries, as is the case with some ministries, institutions and government bodies because of their urgent need for them, especially coinciding with Eid al-Adha, which is characterized by and granted to their families."
TNT:
CandyKisses: Retirees appeal to Sudanese to release their salaries quickly: Empty pockets on Eid
{Local: Al-Furat News} appealed to the retirees, Prime Minister Mohamed Shia Al-Sudani, to release their salaries on Tuesday or during the days of the Eid al-Adha holiday
The retirees expressed in their interview with the agency {Euphrates News} "their dissatisfaction with the lack of release of salaries, as is the case with some ministries, institutions and government bodies because of their urgent need for them, especially coinciding with Eid al-Adha, which is characterized by {Eidiya} and granted to their families."
They were surprised by "the government's silence and the delay of the Ministry of Finance in funding the National Pension Authority through government banks and outlets privatized for exchange."
He appealed to the Sudanese retirees to intervene and release their salaries as soon as possible, especially after the approval of the financial budget and the presence of liquidity, expressing "their hope to receive salaries at least on the Eid holiday and that their pockets do not remain empty and waste on them and their families the joy of Eid."
They also called on the government to allocate Eid to them as a segment that spent a lifetime in the service of the state and in a small appreciation of their efforts.
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CandyKisses: Iraq publishes the budget law with a deficit exceeding 64 trillion dinars
Baghdad - Iraq Today:
Today, Monday, the Iraqi Gazette of the Ministry of Justice published Law No. (13) of 2023 "The Federal General Budget of the Republic of Iraq for the fiscal years (2023 - 2024 - 2025)", explaining that 64.35 trillion dinars The value of the deficit in a budget, while the official agency quoted Prime Minister Muhammad Shia Al-Sudani as saying that the total budget amounts to 197.828 trillion Iraqi dinars, adding that the deficit is 63 trillion dinars.
According to the budget, the size of the planned deficit of the general budget amounted to about 64.35 trillion dinars for the year 2023.
This deficit is covered by the abundance of increased selling prices of exported crude oil, increased crude oil exports or internal and external borrowing and from the amount of cash recycled in the account of the Federal Ministry of Finance.
Last March, the Iraqi Council of Ministers approved the draft budget law for the country, and referred it to parliament for review and opinion before approving it, and transferring it to the president.
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CandyKisses: Chinese companies acquire the largest share of Iraq's oil in a month
Shafaq News / The Iraqi Oil Marketing Company "SOMO" announced on Tuesday that Chinese oil companies were the most buyers of Iraqi oil during the month of May.
According to "SOMO" in a statistic published on its official website and seen by Shafaq News Agency, that "Chinese companies were the most numerous among other international companies in the purchase of Iraqi oil and by 9 companies out of 39 companies that bought oil during the month of May.
"She added that "Indian companies came second with 7 companies, then South Korean and American companies came third with 4 companies each, and Italian and Greek companies came fourth with two companies each, while the rest were distributed to Spanish companies, (Dutch-British), Turkish, Russian, Egyptian, Emirati, Kuwaiti, Jordanian, French, Indonesian and Japanese, and by one company each."
Sumo indicated that it "relies in its sale of Iraqi oil on the main criteria for contracting with major and medium international oil companies independent and government integrated vertically," noting that "the most prominent international companies that bought Iraqi oil are the company (Indian Hindustan, Korean Kokaz, American Exxon Mobil, Dutch-British Shell and Italian Eni).
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Tishwash: The Iraq Stock Exchange ranks first in the Arab world in stock trading
Today, Monday, the Iraqi Stock Exchange achieved the first place in the Arab world, with the highest daily trading rate for the number of shares traded for the year 2022. And the Iraq Stock Exchange stated, in a statement received by Al-Mutala, that: “On the occasion of the conclusion of the work of the first half of the year 2023 and the organization of the last trading sessions on the shares of Iraqi joint-stock companies on Monday 6/26/2023 in the Iraq Stock Exchange and the advent of the blessed Eid Al-Adha holiday. – We review the most important stock trading indicators during the first half of 2023.
Below are the most important stock trading indicators during the first half of 2023: • Organizing (117) trading sessions for the shares of Iraqi joint-stock companies listed in the market, which number (102) joint-stock companies, according to the official trading hours for electronic systems from 9:30 in the morning until 1:30 in the afternoon, in accordance with the regulations governing electronic trading through brokerage firms.
Officially licensed by the Securities Commission (39) brokerage firms. • Trading shares of (87) joint-stock companies out of 102 companies listed in the market. • The number of traded shares reached (380) billion shares, an increase of (6.3)% over the first half of 2022. • The value of traded shares amounted to (375) billion dinars, an increase of (1.1)% over the first half of 2022.
• The ISX60 traded stock price index closed at (591) points in the first session of 2023, and closed at (667) points in the last session of June 2023. Thus, the index has increased by (13)% in the closing of the first half of 2023 from its beginning, and compared to the closing of the first half of 2022, it has increased by (16)%. • The first trading session after the Eid will be held on Monday, July 3, 2023, according to official timings.
The market noted that "the report for the first half of 2023 will be issued immediately after the blessed Eid Al-Adha holiday," referring to the most important news of the Iraq Stock Exchange: • The Iraq Stock Exchange achieved the first place in the Arab world in the evaluation of the Federation of Arab Capital Markets AFCM - when it achieved the highest daily trading rate for the number of shares traded for the year 2022. • (57) joint stock companies submitted the annual disclosure for the fiscal year as of 12/31/2022. • The general assembly of (32) banking companies approved the use of cumulative voting for the first time in Iraq. link
Mot: ... I Recognize the Delima fer Sure! ~~~~
Mot: ..... Found the Answer to Whats Missing!! - I Did!!!
News, Rumors and Opinions Tuesday AM 6-27-2023
Africa continues to fight against the use of the dollar as Tanzania bans pricing in dollars
Bank of Tanzania instructs firms to comply with regulations and cease pricing products and services in dollars to relieve pressure on the local currency.
The recent surge in foreign exchange demand prompts Tanzania to reinforce the ban on US currency usage and warns against unregulated foreign currency markets.
Tanzania explores alternatives to reduce reliance on the dollar, considering business transactions in local currencies and joining the call for de-dollarization in Africa.
The Bank of Tanzania (BoT) has instructed firms in the country to stop pricing products and services in dollars, stressing that doing so is against regulatory requirements and will relieve pressure on the local currency.
The Tanzanian shilling continues to be the only legal money in the nation, according to central bank governor Emmanuel Tutuba.
Africa continues to fight against the use of the dollar as Tanzania bans pricing in dollars
Bank of Tanzania instructs firms to comply with regulations and cease pricing products and services in dollars to relieve pressure on the local currency.
The recent surge in foreign exchange demand prompts Tanzania to reinforce the ban on US currency usage and warns against unregulated foreign currency markets.
Tanzania explores alternatives to reduce reliance on the dollar, considering business transactions in local currencies and joining the call for de-dollarization in Africa.
The Bank of Tanzania (BoT) has instructed firms in the country to stop pricing products and services in dollars, stressing that doing so is against regulatory requirements and will relieve pressure on the local currency.
The Tanzanian shilling continues to be the only legal money in the nation, according to central bank governor Emmanuel Tutuba.
In August 2007 and again in December 2017, the Tanzanian government outlawed the usage of the US currency.
“The government’s directives issued are still valid and should be adhered to at all times,” the central bank said in a notice dated June 20. “Tourists and non-residents who pay in foreign currencies must provide their identification documents such as passport and certificate of incorporation for companies for proper capturing and classification of statistics,” as seen in the notice.
Recent months have seen an upsurge in the demand for foreign exchange, particularly in the real estate, healthcare, transportation, and educational sectors as companies seek to protect themselves against a depreciating local currency.
The head of the central bank also issued a warning on unregulated foreign currency markets. “It should be noted that institutions registered to determine exchange rates are commercial banks and bureaux de change only,” he said.
Back in May, Tanzania and India considered doing business in their respective local currencies in a bid to reduce their dependence on the American dollar. By encouraging commerce in local currencies, stakeholders claimed that Tanzania and India would lessen their dependency on important global currencies and promote a stable and effective trading environment.
Many African nations are grappling with declining foreign exchange reserves as a result of tightening monetary policies worldwide. Low reserves have forced countries to rethink their plans for surviving future trends while balancing trade.
Recently, Nigeria unified its dollar rates, in order to increase trade revenue in its local currency. Additionally, the president of Kenya has been adamant on the subject, calling for African leaders to seriously consider the prospect of a continent-wide de-dollarisation in order to reduce its reliance on the dollar.
“Although there has been the introduction of several regional payment infrastructures in the continent, we lack a single system that seamlessly facilitates trade among our nations, eliminating the obstacles posed by varying currencies,” Ruto said at the third Kenya International Investment Conference in Nairobi, a few weeks ago. “It is imperative that we proactively seek a resolution to the disparities in currencies and the consequential impediments it poses.”
Source: Africa Business Insider
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Courtesy of Dinar Guru
Frank26 The purchasing power of the Iraqi dinar is visible inside of Iraq right now and investors outside Iraq can also see this. Everybody knows. It's no longer a secret. Investment outside of Iraq versus purchasing power inside of Iraq. It's equilibrium...
Babysmom "The Iraqi Gazette publishes the general budget law" CBI HAS NOT YET CHANGED THEIR RATE. THAT WILL BE NEXT UP...THE NEXT STEP IS THAT THE CBI WOULD CHANGE THE RATE IN COUNTRY, THEN THE RATE WOULD CHANGE ON FOREX, THEN WE COULD EXCHANGE BECAUSE THE BANKS GO WITH THE FOREX RATE AS THEY'RE OPENING GUIDE...
DEAD ECONOMY. US MANUFACTURING HITS LOWEST LEVEL EVER. Gold, Silver, Crude, HIGHER.
Greg Mannarino: 6-26-2023
Freedom IS the Greater Good, Beware CBDCs Are Just Tip of Iceberg
Mike Maloney: 6-27-2023
“If you give them an inch, they’ll take a mile. But they will take that mile inch by inch so that you don’t notice. Every crisis will be another excuse for taking one more inch of your freedom.”
Join Mike Maloney in today’s video update, as he assembles the latest news, data and trends in the alarming push for a digitally-controlled society.
Thoughts From DJ: "A Bunch of Brush Fires Being Lit" 6-26-2023
DJ: DID YOU KNOW?
Wow!! Is there a bunch of brush fires being lit or what? I have had a barrage of information sent to me recently regarding the GCR/RV/ Historical Bond Redemption, the supposed GESARA/NESARA, Prosperity Program pay-outs , U.S. and foreign country domestic military activity, videos of politicians in jail, the big ten days of darkness thing and a sh..load of speculation by Intel providers all attempting to connect the dots the way they see it.
It’s like this never-ending book is being written and what we are seeing is merely the next chapter and we all keep waiting for the ending that never comes. Right when we think this is it, “the last chapter” another chapter keeps popping up.
Everyone has their own particular information networks that they have deemed accurate, or at least support their own perceptions of what is going on. Most of the time if the information consumed doesn’t support their individual beliefs it’s disregarded and they keep searching until they find some narrative that supports what they believe.
DJ: DID YOU KNOW?
Wow!! Is there a bunch of brush fires being lit or what? I have had a barrage of information sent to me recently regarding the GCR/RV/ Historical Bond Redemption, the supposed GESARA/NESARA, Prosperity Program pay-outs , U.S. and foreign country domestic military activity, videos of politicians in jail, the big ten days of darkness thing and a sh..load of speculation by Intel providers all attempting to connect the dots the way they see it.
It’s like this never-ending book is being written and what we are seeing is merely the next chapter and we all keep waiting for the ending that never comes. Right when we think this is it, “the last chapter” another chapter keeps popping up.
Everyone has their own particular information networks that they have deemed accurate, or at least support their own perceptions of what is going on. Most of the time if the information consumed doesn’t support their individual beliefs it’s disregarded and they keep searching until they find some narrative that supports what they believe.
I can’t say one way or the other why this keeps happening. Is it some grand plan to keep us scared and off-balance? Is it a distraction to keep us looking in the wrong direction while they carry out their nefarious agendas? Is it a message of hope for all those in desperate situations? Don’t know, can’t say. I guess it depends on how you want to look at it. But what doesn’t escape me is logical thinking.
I see information disseminated that is blatantly false but has sprinkles of truth mingled in its delivery that gets us to buy in on the rest of the lie. We should all step back and look at things and events from a “does that make sense” point of view. If it doesn’t make sense don’t drink the Kool-Aid. Hate to be the one to point this out but desperation doesn’t change the truth. There is the old quote “liars figure but figures don’t lie”
The on thing I have been told, that has maintained over the years, for the GCR/RV/Redemption to occur (according to the 209 nation international bilateral treaty agreement) each participating nation must achieve all three of the following to qualify- – – 1) Be sovereign, as well as, asset-backed, 2) Have made good on all its debt to others, and 3) Be at peace with all nations, including no sanctions.
Now I can buy into the feasibility of the first two but that last one is a little tricky. Considering that in the history of civilization the world has never been at peace. But, it’s in the verbiage. “To participate” or “qualify”. Think of it this way.
If all nations were lined up for a race they are not going to stop the race because a couple of guys are tying their shoes. When the starting pistol goes off those still tying their shoes will be left behind.
In the mean time I would suggest taking any Intel with a grain of salt. Definitely don’t change your life or make major decisions based on it. When this happens there will be no guessing, speculation or attempts at connecting the dots. It will be obvious for all to see.
So, just a suggestion, don’t drive yourself crazy with unwarranted expectations or pin your expectations to some fixed date. The higher you go up on that roller-coaster of expectations the scarier the ride down is.
DJ
Monday Evening Chat With MarkZ 6-26-2023
Monday 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: Good Evening Mark, mods, and Patriots
Member: It’s a wonderful day in the neighborhood
Member: Praying for very good news this week for sure… but hearing it tonight would be great!
MZ: Pretty slow day for news, lots of foreshadowing going on and most my contacts are hearing Wed. Hopefully more news will pour in.
Member: Is the rate in the budget –in the Gazette? If not, what happens next?
Monday 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: Good Evening Mark, mods, and Patriots
Member: It’s a wonderful day in the neighborhood
Member: Praying for very good news this week for sure… but hearing it tonight would be great!
MZ: Pretty slow day for news, lots of foreshadowing going on and most my contacts are hearing Wed. Hopefully more news will pour in.
Member: Is the rate in the budget –in the Gazette? If not, what happens next?
MZ: No the rate is not in the Budget or the Gazette. ….It was not expected to be. The budget was in the Gazette today….which was the first step.…..and in the budget is a mechanism that lets them change the rate.
MZ: Rumors are that on Wednesday we are going to see something….Lots of chatter things will be cranking up on Wednesday. ….like a value change for the dinar….crossing my fingers and hoping its right.
Member: Heard from Frank26 that the dinar rates will be ready to be disclosed on July 3rd.
Member: Yes… Just watched Frank 26 said Rate comes out July 3...Budget already in Gazette...But Rate announced on 3rd...
MZ: I have heard from sources…some are looking at this Wednesday the 28th Some are looking at the 3rd. Either way it definitely appears to be close.
MZ: No negative news at all. We should all be excited that the budget was finally posted in the Gazette.
Member: I hope it means we will get the green light after the rate is revealed?
Member: Mark, how do you see us going when it does not look like the United States is ready yet?
Member: If everyone else goes…The US better get ready or there will be no one else in the world that will trade with US.
Member: Any news from the bond side?
MZ: No news from bonds, PP’s and farm claims.
Member: got a notice from bank today that foreign currency transfers goes from $ to $5. (pnce)
Member: Did anyone else find it interesting that the president of India had met with Iraq just before he went to Washington? I wonder what the message was - Iraq is joining BRICS?
Member: If it was posted in the gazette, how much is the rate? Anyone?
Mod: MARK SAID THE RATE WAS NOT POSTED - JUST THE MECHANISM WHERE THE RATE CAN BE CHANGED, WITHIN THE BUDGET
Member: Wore out from all the waiting we keep having to do.
Member: I am so ready for this darn movie to end…..sigh
Member: I thought the Hollywierd writers were on strike? Who's writing this script? LOL
MZ: We may have MilitiaMan on this Thursday to tell us more Iraq news.
MZ: Be sure to join my channels on rumble and the other platforms in case I get kicked off youtube for talking “truth” with you all.
Member: If you think you will get kicked off youtube for talking politics…..maybe you should stop talking politics and stick to RV news until after the RV so you stay around to help us with exchanges. We do not want you to leave youtube!
Member: Or keep politics to Saturdays when you are on rumble….and RV stuff Mon-Fri. We don’t want to lose you Mark!!!
Member: Thank You MarkZ For Your Many Years Of Service To This Group; Your Efforts Are Appreciated !
Member: Thanks to Mark and mods for all you do.
Note from PDK: Mark is talking about leaving youtube. If he does I will no longer do notes….it is too hard to transcribe from other forums. Maybe someone else will volunteer to do notes if this happens. PDK
“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
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!
"Coffee With MarkZ" Monday Morning Chat 6-26-2023
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: Magnificent Monday to all the MarkZ fam. i feel we are almost there……
Member: I believe and so do many think this is OUR week for THE RV!!
Member: Great news the Iraqi budget is sign, sealed and delivered……looking for that rate change now.
MZ: No rate change yet. But imo the budget was the last step…Now we need a rate that will allow them to “Execute “ their budget.
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: Magnificent Monday to all the MarkZ fam. i feel we are almost there……
Member: I believe and so do many think this is OUR week for THE RV!!
Member: Great news the Iraqi budget is sign, sealed and delivered……looking for that rate change now.
MZ: No rate change yet. But imo the budget was the last step…Now we need a rate that will allow them to “Execute “ their budget.
MZ: There is a lot of anticipation for “Any Moment Now” since the budget is done. I am being told they need a day or two at least to make certain rates have completely stabilized after the budget news……I am praying this is accurate. But everyone believes the budget was the last major hurdle to get past.
MZ: This certainly is the belief of all my banking contacts and my contacts in Iraq.
MZ: Bond folks are still waiting on a release of their dollars. Mr. C has not been paid yet.
Member: Well, if it’s a shotgun start …they all get paid when we get notifications to set appointments…..so that makes sense. .
MZ: We were told there would be a massive geopolitical issue pop up as a “cover” for when the RV happens. “Armed insurrection in Russia? Or Joe Biden heavily “lawyering up” after Hunters bombshell scandals released last week? Things are heating up quickly in DC this morning.
MZ: A lot of rumors going on right now…..lots of conspiracy theory stuff.
Member: BTW Wolverine is singing. He says Tiers 1 and 2 are paid. We shall see
Member: Militia Man hit one out of the park on Saturday WHOOOOO HOOOO!!!!!
Member: 209 nations are briefed on progress of RV daily....says Ed of Sarasota.
Member: June 30th LIBOR vs SOFR so we know the banking system will be asset backed before July 15th and all banks not compliant have until september if my memory serves me right.
Member: So according to Goldilocks we may see things start to happen during that time frame…..hope it’s the first part of July
Member: So this RV might happen after July 15 when the Sofr systems happen (gold back)
Member: IMO- The UST has to get the dollars back from ALL the country's "reserves" B4 they do the reset to keep parity globally after it goes gold-backed
Member: So many Great things are happening in Our Favor!!! All banks went down in Australia last night hope they are the same way today!
Member: Did you all hear of the banking issues today in Australia. Systems down and unable to get money out, even tellers had no access to the system!!!
Member: Am I the only waiting for the BRICS TO ANNOUNCE FOR IRAQ IQD TO RV???
Member: I think we are waiting for the 4th of July
Member: Mike Penny has stated, he believes the dong is going to be the super star in the entire RV process! let's hope so!
Member: Heard SWIFT is down, news is quiet, the air is thick. Hold on Patriots.
MZ: “ Big US banks to face Fed’s annual stress tests this week” The US government and the banks expect to pass with flying colors? Hmmm. Who will the people hold responsible when these banks implode???
Member: Time for Federal Reserve to take it's place in history along with the Dodo
Member: The Real 3 branches of Government are; Big Oil, Big Pharma and Big Banks. Timber
Member: We all need some special "smoke and mirrors" allergy meds there is so much of it in the air!
Member: Noone knows the exact trigger but sure hope its sooner than August.
Member: Hope that trigger will finally include arresting the cabal
Member: Military on the move across America… keep them in our prayers in protecting America
Member: Read a nice quote today. Said you can ignore reality but you can't ignore the consequences of reality.
Member: So when do the white hats take control of the media??? The normies need to see some truth!!
Member: The Main Stream Media will be history once this finally comes to an end!
Member: I hear MSM has been taken over by the white hats. Drip drip drip so people aren't overwhelmed. (Sleepers)
Member: Aren't we blessed to be in the 1% of peeps that hold currencies?
Member: Looks to be a wonderful week
Member: We are praying that this week our world will change for the good of mankind. Thanks Mark for all you do for this community.
SATURDAY GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
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
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
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
MZ: Farm Claims are what started the whole Nesara movement. So if you want a bit of History …please watch this one. https://www.youtube.com/watch?v=sAL0exvL45Y
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.
News, Rumors and Opinions Monday 6-26-2023
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.
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 26 June 2023
Compiled Mon. 26 June 12:01 am EST by Judy Byington
Judy Note: Expect Black Swan Events of an economic implosion of bonds, Real Estate and the Stock Market that leads to engineered famine throughout the World in a nasty Recession until late 2025.
Also expect millions of Humanitarian Projects being funded through a revaluation of global currencies to gold/asset-backed and activation of NESARA/ GESARA that will lead to new found wealth and prosperity for The People who, as the Scriptures predict, will live in a thousand years of peace throughout the Globe.
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 Mon. 26 June 2023
Compiled Mon. 26 June 12:01 am EST by Judy Byington
Judy Note: Expect Black Swan Events of an economic implosion of bonds, Real Estate and the Stock Market that leads to engineered famine throughout the World in a nasty Recession until late 2025.
Also expect millions of Humanitarian Projects being funded through a revaluation of global currencies to gold/asset-backed and activation of NESARA/ GESARA that will lead to new found wealth and prosperity for The People who, as the Scriptures predict, will live in a thousand years of peace throughout the Globe.
Global Currency Revaluation:
Sat. 24 June Wolverine TNT Call: The Treasury is saying it could happen any minute now. The banks had told their staff that they wouldn’t be working any more weekends until the RV happened, but they were working this weekend. Tony’s contact in Iraq thinks it’ll happen within the next 5 days.
Fri. 23 June Wolverine: “We inform all the people involved in the Redemption that we are entering Radio Silence from 6:00 pm Fri. 23 June until 6:00 pm Tues. 27 June, there will be no communication of any kind regarding payment among the participants or comments on this matter with anyone.”
On Mon. 26 June New Dinar Rate Published in Iraqi Gazette: Ministry spokesman Kamel Amin said in a statement to the official agency, followed by “NAS” (June 25, 2023), that “the budget from 2023 to 2025 will be published tomorrow Mon. 26 June in the Iraqi Al-Waqa’i newspaper.”
Bruce: The new rate on the Iraqi Dinar of $3.81 came out on Thurs. 22 June and will be published in Gazette Sun. or Mon. 25, 26 June. The Iraqi Dinar will start trading on the Forex Sunday night 25 June. Tier 4b will obtain notification to make redemption appointments within 48 hours of the announcement of the Brunson case by the Supreme Court. Tier 4b Appointments Mon or Tues. 26, 27 June.
Goldilocks: The investment window of opportunity is rapidly coming to an end. It is getting time for us to prepare ourselves for the Great Transfer of Wealth to begin early next month. For some assets, immediate changes will begin to show up, but most all assets will be on the docket to change as new SOFR mechanisms and monetary policies on July the 15th will give guidance for them to do so.
Europe – on aggregate the largest economy in the world – just went into recession. In the U.S., many economic indicators are flashing red, and “everything is pointing to a recession,” says Michael Pento of Pento Portfolio Strategies.
~~~~~~~~~~
Status of RV, Goldilocks: https://dinarchronicles.com/2023/06/24/gold-standard-protocols-seeds-of-wisdom-rv-gcr-updates-from-goldilocks-6-24-23/
Fri. 23 June Goldilocks: It has come to my attention that Protocol 20 codes are currently being integrated into the QFS. These codes deal with currency protocols allowing digital assets to move through the system.
We are six days away (June 30) in our transition from Libor rates to Sofr rates. This is an International Finance Market Transition. Look for the markets to begin making their transition into new price actions reflecting real values on every sector of the market. This includes Forex.
On June 30th, we will be within two weeks of implementing new monetary policies to reflect our new global economy.
Congress will be voting on stable coins or digital money that has been regulated and standardized with banking protocols to establish our new digital asset based lending economy.
On July 1st, our International Financial Markets will transform into a new digital asset based economy.
On July the 15th, we will have guidelines to monitor and secure this new economy. From that point on, we
Read full post here: https://dinarchronicles.com/2023/06/26/restored-republic-via-a-gcr-update-as-of-june-26-2023/
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Courtesy of Dinar Guru
Militia Man When they say they have a retroactive budget that means there's contractors out there that are going to still want to get paid all the way back to the 1st of January 2023...To do that at 1310 you're talking about an astronomical amount of dinar...If in fact they adjust the exchange rate...even to $1.00 it's far cheaper to rebuild this country... The higher their exchange rate back to that previous era that they've said numerous times in writing...makes it even cheaper to rebuild...
Sandy Ingram Based on news reports manufacturing seems to be Iraq's middle name after oil exports...Iraqi Industries Union announced on Sunday that a plan has been presented to the Prime minister detailing how to reopen factories that are currently closed. The Iraqi government is taking this issue seriously and has expressed its eagerness to help restore industry in Iraq. Applications from potential investors have been accepted and billions of dollars are being invested. Neighbors including Qatar, Egypt and Jordon are all committed to investments in Iraq....
World Bank and IMF Pilot The New Financial Pact In Paris
Lena Petrova: 6-25-2023
Jim Rickards: You've Been Lied To About The US Economy!The Reality Behind Government Economic Claims
InvestorNews: 6-25-2023
"Tidbits From TNT" Monday Morning 6-26-2023
TNT:
Tishwash: The Iraqi Gazette publishes the general budget law
Issue (4726) of the Iraqi Al-Waqae’ newspaper was published on 6/26/2023
2023-06-26 10:50:00
- Law No. (13) of 2023 "The Federal General Budget of the Republic of Iraq for the fiscal years (2023-2024-2025)".
To download the issue, click here link
TNT:
Tishwash: The Iraqi Gazette publishes the general budget law
Issue (4726) of the Iraqi Al-Waqae’ newspaper was published on 6/26/2023
2023-06-26 10:50:00
- Law No. (13) of 2023 "The Federal General Budget of the Republic of Iraq for the fiscal years (2023-2024-2025)".
To download the issue, click here link
Tishwash: Deputy: Iraq is going through a new phase of regional and international relations after its recent opening
Representative Karim Aliwi Al-Muhammadawi, a member of the Parliamentary Foreign Relations Committee, confirmed today, Sunday, that Iraq is going through a new phase of regional and international relations after its recent opening.
And Al-Muhammadawi said in a special statement to Al-Mutala Agency: "Iraq has now begun a new phase in relations and agreements with countries."
Al-Muhammadawi continued: "Iraq is working to improve relations with everyone and preserve its interests with all countries of the world, and this is a step for Iraq to be more developed, and we will witness the influx of many heads of state and diplomats to Iraq after its recent openness in relations." link
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Tishwash: Al-Haimus: The Iraqi stock market will be a competitor to the Arab financial markets in the future
The Chairman of the Securities Commission, Faisal Al-Haimus, affirmed today, Monday, that the Iraqi Stock Exchange will be a vital and effective part of the activities of the Arab financial markets and a competitor to it in the future, in implementation of the government program of the Prime Minister, Muhammad Shia'a Al-Sudani.
Al-Haimus said during his periodic meeting with the President of the Iraq Stock Exchange, Taha Ahmed Abdel-Salam, and the Chairman of the Board of Governors of the Market, Thaer Adnan Hashem, and the delegation accompanying them, according to a statement received by Earth News Agency, that “the meeting dealt with the overall movement that takes place in the trading activities in the market, and the indicators for trading Shares of joint-stock companies.
He added, "The recent meetings had a character and a vision for the future that extends on the basis of setting policies and strategies for the activity of trading the shares of Iraqi joint-stock companies, and encouraging building the capital of listed companies or that will be established and listed in the market."
And Al-Haimus indicated that "all these measures would add to the Iraqi economy factors of strength and durability, and for the Iraqi market for securities to be a vital and effective part of the activities of the Arab financial markets and a competitor for it in the future." link
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CandyKisses: Oil climbs and Aramco confirms its strength will remain until the end of the year
Economy News _ Baghdad
Oil prices rose in early Asian trade on Monday after a brief rebellion by Russia's Wagner private military group earlier this week, raising fears of political turmoil in Russia and its potential impact on oil supplies from one of the world's largest producers, Reuters reports.
Brent crude futures were up 95 cents, or 1.3 percent, at $74.80 a barrel by 2300 GMT.
West Texas Intermediate crude futures rose 88 cents, or 1.3 percent, to $70.04 a barrel.
The chief executive of Saudi oil giant Aramco, Amin Nasser, said on Monday that global oil market fundamentals are expected to remain strong for the rest of this year, supported by strong demand from developing countries, especially China and India.
"Overall, we believe that oil market fundamentals will remain strong for the rest of the year," he told the Asia Energy Conference.
"Despite recession risks in many OECD countries, developing economies, particularly China and India, are leading to strong oil demand growth of more than two million barrels per day this year," he said.
In the same context, the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al-Ghaith, said on Monday that OPEC expects global oil demand to increase to 110 million barrels per day by 2045, 23 percent more than current levels.
Russia avoided a clash between the leadership in Moscow and the commander of the Wagner mercenaries, Yevgeny Prigozhin, on Saturday, after the heavily armed group withdrew from the southern city of Rostov under an agreement that halted its rapid advance towards the capital.
But the crisis has raised questions about Russian President Vladimir Putin's grip on power and concerns about potential disruption to Russian oil supplies.
Analysts at Goldman Sachs said markets may consider a slightly higher likelihood that domestic tensions in Russia could lead to supply disruptions or have a significant negative impact on future oil supplies.
Brent crude and West Texas Intermediate crude fell about 3.6 percent last week on fears that the Federal Reserve will raise interest rates again, which could undermine oil demand at a time when China's economic recovery has disappointed investors after several months of weak data for consumption, production and the real estate market.
Tishwash: Deputy: Iraq is going through a new phase of regional and international relations after its recent opening
Representative Karim Aliwi Al-Muhammadawi, a member of the Parliamentary Foreign Relations Committee, confirmed today, Sunday, that Iraq is going through a new phase of regional and international relations after its recent opening.
And Al-Muhammadawi said in a special statement to Al-Mutala Agency: "Iraq has now begun a new phase in relations and agreements with countries."
Al-Muhammadawi continued: "Iraq is working to improve relations with everyone and preserve its interests with all countries of the world, and this is a step for Iraq to be more developed, and we will witness the influx of many heads of state and diplomats to Iraq after its recent openness in relations." link
**
Tishwash: Al-Haimus: The Iraqi stock market will be a competitor to the Arab financial markets in the future
The Chairman of the Securities Commission, Faisal Al-Haimus, affirmed today, Monday, that the Iraqi Stock Exchange will be a vital and effective part of the activities of the Arab financial markets and a competitor to it in the future, in implementation of the government program of the Prime Minister, Muhammad Shia'a Al-Sudani.
Al-Haimus said during his periodic meeting with the President of the Iraq Stock Exchange, Taha Ahmed Abdel-Salam, and the Chairman of the Board of Governors of the Market, Thaer Adnan Hashem, and the delegation accompanying them, according to a statement received by Earth News Agency, that “the meeting dealt with the overall movement that takes place in the trading activities in the market, and the indicators for trading Shares of joint-stock companies.
He added, "The recent meetings had a character and a vision for the future that extends on the basis of setting policies and strategies for the activity of trading the shares of Iraqi joint-stock companies, and encouraging building the capital of listed companies or that will be established and listed in the market."
And Al-Haimus indicated that "all these measures would add to the Iraqi economy factors of strength and durability, and for the Iraqi market for securities to be a vital and effective part of the activities of the Arab financial markets and a competitor for it in the future." link
**
CandyKisses: Oil climbs and Aramco confirms its strength will remain until the end of the year
Economy News _ Baghdad
Oil prices rose in early Asian trade on Monday after a brief rebellion by Russia's Wagner private military group earlier this week, raising fears of political turmoil in Russia and its potential impact on oil supplies from one of the world's largest producers, Reuters reports.
Brent crude futures were up 95 cents, or 1.3 percent, at $74.80 a barrel by 2300 GMT.
West Texas Intermediate crude futures rose 88 cents, or 1.3 percent, to $70.04 a barrel.
The chief executive of Saudi oil giant Aramco, Amin Nasser, said on Monday that global oil market fundamentals are expected to remain strong for the rest of this year, supported by strong demand from developing countries, especially China and India.
"Overall, we believe that oil market fundamentals will remain strong for the rest of the year," he told the Asia Energy Conference.
"Despite recession risks in many OECD countries, developing economies, particularly China and India, are leading to strong oil demand growth of more than two million barrels per day this year," he said.
In the same context, the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al-Ghaith, said on Monday that OPEC expects global oil demand to increase to 110 million barrels per day by 2045, 23 percent more than current levels.
Russia avoided a clash between the leadership in Moscow and the commander of the Wagner mercenaries, Yevgeny Prigozhin, on Saturday, after the heavily armed group withdrew from the southern city of Rostov under an agreement that halted its rapid advance towards the capital.
But the crisis has raised questions about Russian President Vladimir Putin's grip on power and concerns about potential disruption to Russian oil supplies.
Analysts at Goldman Sachs said markets may consider a slightly higher likelihood that domestic tensions in Russia could lead to supply disruptions or have a significant negative impact on future oil supplies.
Brent crude and West Texas Intermediate crude fell about 3.6 percent last week on fears that the Federal Reserve will raise interest rates again, which could undermine oil demand at a time when China's economic recovery has disappointed investors after several months of weak data for consumption, production and the real estate market.
Mot: ... Does Make Ya Wonder - Huh!!! ~~~
Mot: ....... I'm getting good at it organizing finances
Economist's Thought's on BRICS and De-Dollarization 6-25-2023
Is Gold the Future of BRICS' New Currency? Find Out Now!
Geopolitical Trends with Dr. David Oualaalou: 6-25-2023
Following the conclusion of the BRICS ministerial summit in Cape town, South Africa where Senior officials from more than a dozen countries, including Saudi Arabia and Iran, were in talks on forging closer links with the BRICS bloc.
The latter is positioning itself as a counterweight to the West both economically and financially as many are fed up with the US weaponizing the dollar.
In this regard, China has made clear its discontent with the role of the US $ in the international economy and its intention to internationalize the RMB as an alternative international currency.
If the US continues to weaponize its dollar hegemony, this is only bound to accelerate the decline of the dollar.
The US would be best served by refraining from using economic statecraft to pressure countries to adhere to its wishes.
Is Gold the Future of BRICS' New Currency? Find Out Now!
Geopolitical Trends with Dr. David Oualaalou: 6-25-2023
Following the conclusion of the BRICS ministerial summit in Cape town, South Africa where Senior officials from more than a dozen countries, including Saudi Arabia and Iran, were in talks on forging closer links with the BRICS bloc.
The latter is positioning itself as a counterweight to the West both economically and financially as many are fed up with the US weaponizing the dollar.
In this regard, China has made clear its discontent with the role of the US $ in the international economy and its intention to internationalize the RMB as an alternative international currency.
If the US continues to weaponize its dollar hegemony, this is only bound to accelerate the decline of the dollar.
The US would be best served by refraining from using economic statecraft to pressure countries to adhere to its wishes.
De-Dollarization Is Driving The End Of U.S. Dominance
Sean Foo: 6-25-2023
As de-dollarization continues, Jerome Powell is denying the dollar's role in keeping the US economy dominant.
This is a disaster for the reserve currency's future as it shows nothing will change, the dollar will still be mismanaged and weaponized.
Here's why if the dollar falls, the US economy's world dominance will also topple.
Timestamps & Chapters:
0:00 America's Big Mistake
2:46 Dollar Weaponization
5:07 US Economy Is A House Of Cards
7:31 America Needs The Dollar
10:40 The Dollar's Eventual Demise
13:32 Can America Reverse Course?
EPIC CLASH: Silver and Gold in the BRICS Monetary Revolution!
Ron’s Basement: 6-25-2023
Brace yourself for a monumental moment in the precious metal sector as we delve into the buzz surrounding this summer's highly anticipated BRICS summit.
Speculation is rife that the summit could mark a turning point, igniting the largest monetary revolution witnessed in the last 50 years.
Eastern countries, including powerhouse nations like Russia, China, and India, are openly discussing the launch of a new reserve currency, backed by none other than gold.
In this captivating video, we explore the fascinating implications of this potential development and the immense impact it could have on the silver price and gold price.
Prepare for a thrilling ride as we navigate the exciting possibilities that lie ahead in the coming years. Stay tuned to uncover the secrets of the precious metal market amidst this captivating BRICS summit saga!
Don't miss out on this game-changing information that could redefine the future of silver and gold.