News, Rumors and Opinions Monday 11-27-2023

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 Mon. 27 Nov. 2023

Compiled Mon. 27 Nov. 12:01 am EST by Judy Byington

Judy Note: A Global Economic collapse was (allegedly) on it’s way after the largest bank in the World, the UBS Bank of Switzerland, collapsed on Friday 24 Nov, and fiat World currencies combined with the Bond Market to make that market collapse this past weekend.

Presently Germany holds up the Euro, so once it joins BRICS, which it has applied to do, the whole Euro will collapse and those countries will (allegedly) go back to their own currencies. Also affecting the Market were US Government Bonds that became worthless a week prior on Sun. 19 Nov, leaving the US Federal Reserve with no monies.

Any bank (allegedly)  not ISO20022 compliant by that same Sun. 19 Nov. was going to be put out of business, allowing banks to begin to fail Worldwide last week. …Yet no Mainstream Media has yet found time to report on the drastic changes in the financial system across the Globe.

Global Currency Reset:

Sat. 25 Nov. Rubix  777: ABSA Bank in South Africa linked to Barclays of England has said that all banks in South Africa will be closing down and all currencies will be 1:1. ABSA also acknowledged that the Quantum Financial System will be launching soon in South Africa.

Sat. 25 Nov. Thomas: If you don’t  receive an email  then you will call an 800# and they will ask you for your email address send it to you and your on your way. Very safe and secure.  Process millions in hours.

Sat. 25 Nov. Bearded Patriot: The ONLY exception regarding the currency being paid in full at your appointment is that if your currency is an “extreme amount” they MAY traunch your currency funds over a small period of time (over a few months is what I have been told). What that “extreme amount” is will be up to the exchange center

Fri. 24 Nov. New guaranteed income programs were launching in four states across the US. A total of $18,745 million will be handed out to people and families with no strings attached in Georgia, Florida, Maryland and California. https://dailyhodl.com/2023/11/24/18745000-to-be-handed-out-with-no-strings-attached-as-new-guaranteed-income-programs-launch-in-four-states/

Pakistan Seeks BRICS Membership: https://twitter.com/GoldTelegraph_/status/1728507012336738720?t=FoozANKlTdnkOwDjcLhpkw&s=19

As of October 2023, many Vietnamese banks were already in the process of migrating to ISO 20022. For example, Vietcombank, the largest bank in Vietnam, announced in August 2023 that it had successfully completed the migration of its cross-border payments to ISO 20022. Other major Vietnamese banks, such as BIDV, Agribank, and Techcombank, are also expected to complete their migrations to ISO 20022 by the November 2025 deadline. Vietnamese banks accelerate migration to ISO 20022 – VnExpress International https://e.vnexpress.net/news/business/vietnamese-banks-accelerate-migration-to-iso-20022-4674920.html?utm_source=eVnExpress&utm_medium=social_Twitter&utm_campaign=sharelink_20231125&utm_content=Business

In 2021 a team headed by Dr. Charlie Ward (allegedly)  took 650 plane loads of gold from the 1500 mile tunnel that runs from deep beneath Vatican City to Jerusalem and placed back with it’s rightful owners, mainly the new US Treasury near Reno Nevada. The tunnel runs almost in a direct line to Jerusalem. The actual direct flight distance is 1,432.90 miles (2,306.03 kms).The length of the tunnel was given as approximately 1,500 miles, so it cuts through underneath both land and water.

In China, CBDC is linked to citizens’ mandatory digital ID. If somebody drives over the speed limit (in this case, 20 km/h), the speed camera system automatically deducts a fine from their digital wallet. Coming to the West soon, unless you resist!

Sat. 25 Nov. The QFS Revolution: SWIFT –> AIIB –> CIPS = QFS – American Media Group (amg-news.com)

Global Financial Crisis:

Thurs. 23 Nov. UBS Collapse, US Banking Crisis Real: https://beforeitsnews.com/opinion-conservative/2023/11/situation-update-banking-alert-ubs-collapse-us-bank-crisis-is-very-real-north-korea-military-buildup-at-demilitarized-zone-hezbollah-israel-escalation-egypt-sets-redline-for-israel-we-the-peo-3678762.html

Thousands of HSBC customers in UK have no access to their bank accounts. https://www.bbc.com/news/technology-67514068

Fri. 24 Nov. Argentina Bank Closed: Newly-elected Argentinian President Javier Milei confirms he is shutting down the Central Bank of Argentina, saying “it is non-negotiable.

Former Threat Advisor to the White House, CIA and the Pentagon Jim Rickards has said that “Project Ice Nine”, which is code for the (Cabal’s) financial reset, was being readied by BlackRock and other financial institutions to facilitate the New World Order.

Sat. 25 Nov. Mass Layoffs Begin Today – Across The Nation | Politics | Before It’s News (beforeitsnews.com)

JP Morgan Chase, the world’s largest bank is facing a $600 million defamation lawsuit for allegedly spreading misinformation, blocking transactions and severely damaging the reputation of a multi-million dollar business. https://dailyhodl.com/2023/11/24/jpmorgan-chase-allegedly-poisoned-multi-million-dollar-business-blocking-transactions-and-terminating-bank-accounts-600000000-lawsuit/

Sun. 26 Nov. China: Troubled China Shadow Bank Warns of $36 Billion Shortfall. https://finance.yahoo.com/news/china-troubled-shadow-bank-zhongzhi-151748988.html

Sun. 26 Nov. The SWIFT Exodus. SWIFT (Society for Worldwide Interbank Financial Telecommunication), the venerable messaging system, has been the linchpin of global financial transactions for decades. Yet, it’s become increasingly clear that its limitations are hampering the ever-evolving demands of modern finance. In a bold move, HSBC, alongside other financial behemoths, is spearheading the exodus from SWIFT, signaling the end of an era.

Former Threat Advisor to the White House, CIA and the Pentagon Jim Rickards explained how project “Ice Nine”, which was code for the financial reset, was being readied by BlackRock and other financial institutions to facilitate the NWO.

Sun. 26 Nov. Argentina: Argentina President vows to shut down the Argentine Central Bank.

Read full post here:   https://dinarchronicles.com/2023/11/27/restored-republic-via-a-gcr-update-as-of-november-27-2023/

Courtesy of Dinar Guru   https://www.dinarguru.com/

Militia Man ...A new exchange rate...will likely be coming quickly now. The salaries will need it, the budget spending for projects will need it, getting into the international global financial system will require it.

Walkingstick  It's all about the accounting in order to make the exchange rate easier to transition for the accounting.  It's all about...the numbers...once they are done with the accounting, once the rate is at 1000 to 1 stand by. 

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Citigroup Started A Chain Reaction, Other Banks Are Now At Risk

Atlantis Report:  11-27-2023

The economic outlook is getting darker as major industries face layoffs, hinting at tough times ahead in the financial world. City Group, a big bank, is starting to cut a significant portion of its workforce, possibly up to 10 percent in key areas.

 This sets a worrying trend as tech giants like Amazon, Epic Games, and Stack Overflow also begin reducing jobs due to advancements in Artificial Intelligence, signaling a major change in the job market. High paying jobs are disappearing, causing concerns about a looming real estate crisis with mortgage defaults and foreclosures looming.

 It's a concerning situation that suggests an economic downturn beyond the current positive trends. People in local communities are feeling the impact of these layoffs, which is just the start of a bigger financial crisis. It's a call for quick and smart action to handle the approaching storm before it affects everyone.

https://www.youtube.com/watch?v=jo0QCSD3w0g

Currency Insider Iraqi Dinar - Dong Updates Sunday Evening 11-26-23

Currency Insider Iraqi Dinar - Dong Updates Sunday Evening 11-26-23

Iraqi Banks Hint Exchange Rate Change

Arab Monetary Fund Predicts 4.5% ISX

 Iraqi Banks Hint Exchange Rate Change

https://www.youtube.com/watch?v=d60TA9XF8cU

 Arab Monetary Fund Predicts 4.5% ISX

https://www.youtube.com/watch?v=fF-fsceXoZM

Heritage Foundation Warns America Could Default ‘Sooner Rather than Later’

Heritage Foundation Warns America Could Default ‘Sooner Rather than Later’

Sunday, 26 November 2023, 1:30 AM

$102,178,826,000 Added To US Debt in Just 15 Days As Heritage Foundation Warns America Could Default ‘Sooner Rather Than Later’

Henry Kanapi
November 24, 2023

The US government’s balance sheet is ballooning, with more than a hundred billion dollars in debt added in just 15 days.

The latest numbers from the government’s FiscalData system show the national debt grew from $33.637 trillion at the start of November to $33.740 trillion on November 16th – an increase of more than $102.17 billion.

The new numbers come as a conservative Washington-based think tank issues a stark warning about America’s financial status. The Heritage Foundation’s EJ Antoni says the Biden administration is ignoring warnings from rating agencies and spending at a rate that would make “drunken sailors blush.”

“The world is waking up to a stark reality that could affect tens of millions of Americans: The federal government may be unable to pay its bills sooner rather than later.

The financial situation is deteriorating so rapidly that the outlook on US debt was downgraded a few days ago. That change was long overdue and highlights just how dangerous the situation is becoming for taxpayers and bondholders alike – including anyone with retirement funds.”

Antoni also highlights that the annual interest on federal debt is now above the $1 trillion mark and climbing fast.

He believes a point of no return is coming.

“Interest expense on the debt is now the third-largest expense of the federal government, behind only the Social Security Administration and the Department of Health and Human Services.

It will soon eclipse these as it continues snowballing out of control. It’s increasingly clear that the government will eventually be unable to repay its debt.”

Source: The Daily Hodl

https://dinarchronicles.com/2023/11/26/heritage-foundation-warns-america-could-default-sooner-rather-than-later/

More News, Rumors and Opinions Sunday Night 11-26-2023

KTFA:

Clare:  Parliamentary Finance for / Nina /: Strengthening the balance of Iraqi banks in foreign currency supports the private sector and the local market

11/26/2023

The Parliamentary Finance Committee stressed the importance of strengthening the Iraqi banks’ foreign currency balance to support the private sector and the local market.

The head of the committee, MP Atwan Al-Atwani, said in a statement to the National Iraqi News Agency. Nina /, “The increase in the currency exchange rate by accredited banks provides another safe path to meet the local market’s needs for foreign currency.”

He added, "The government has established paths for banking work governed by the controls of applicable laws. This will open broad horizons for the national economy and will also provide hard currency to the local market without the need for the central bank to intervene and bear responsibility."

He continued to say, “The private sector can adopt this by dealing with the electronic currency exchange platform, and dealing with trade in a way that ensures controlling the rhythm of market movement, and also part of this initiative is to support the private sector by establishing local projects that can provide foreign currency and achieve automation in the ports.” Border, tax and customs.”

At the beginning of this November, the Central Bank of Iraq agreed with the American side to facilitate procedures for external transfers, including an agreement to directly enhance the advance balance of a number of banks (ten banks) in dollars.   LINK

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Clare:  A workshop for the Iraqi Private Banks Association and the Central Bank on “Importing Foreign Exchange from Outside Iraq”

11/26/2023

The Iraqi Private Banks Association, in cooperation with the Central Bank of Iraq, organized a workshop on “Importing Foreign Currency from Outside Iraq”, with the participation of the Investment Department of the Central Bank, and the presence of representatives of the Banking Control Department, the President of the Iraqi Private Banks Association, and the heads of the boards of directors of private banks and managers. Commissioners.

The Association’s Executive Director, Ali Tariq, spoke about the importance of the Central Bank of Iraq’s decision to import foreign exchange into the country and diversify it during the coming period, by importing the euro and other currencies, noting that “a number of banks have so far succeeded in importing foreign exchange through Erbil and Baghdad airports.” .

He added, "Importing foreign currency is a major transformation in the financial sector, and will lead to the creation of a currency market within the Iraqi economy, through receiving and sending remittances in other currencies such as the yuan, rupee, dirham, euro, and others."

The workshop answered the questions of Iraqi private banks regarding the mechanism of importing foreign exchange and communicating with correspondent banks, the cost of transportation and insurance, and the method of delivering it to customers.   LINK

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Courtesy of Dinar Guru   https://www.dinarguru.com/

 Militia Man  Article:  "The dollar exchange rates are subject to the forces of supply and demand in the market"  By adding other currencies from around the world they're going do diminish the need for the dollar and therefore it's basically going to go away...these guys are not playing games anymore...The US Treasury, Central Bank of Iraq, US Federal Reserve they are all working towards going one direction and that's to enhance the Global Financial System...

Clare  Article:  "The media advisor to the Prime Minister, Hisham Al-Rikabi, confirmed...Friday, that the dollar battle is nearing its end"   X Tweet:   "The reform plans for the financial and banking system undertaken by the government and the Central Bank of Iraq aim to build strong foundations for the stability of the economy and pave the way for creating a suitable climate for investment, and end the eras of illegal trade, dollar smuggling, and speculative operations in market.  In short, the battle for the dollar is nearing its end."

Great news the IQD leaving the country

Nader:  11-26-2023

https://www.youtube.com/watch?v=C03lKWQipv4

MARKETS A LOOK AHEAD: THESE ARE THE BEST OPPORTUNITIES FOR US MOVING FORWARD.

Greg Mannarino:  11-26-2023

https://www.youtube.com/watch?v=gtwIPKzp_5A

"Tidbits From TNT" Sunday 11-26-2023

TNT:

Tishwash:  Al-Sudani: It is time for the current plans to focus on economic diversification

Prime Minister Muhammad Shiaa Al-Sudani sponsored the first conference of the five-year national development plan, which was held this Sunday morning by the Ministry of Planning in cooperation with the United Nations Development Programme, and its work will continue for the period from 26-28 this November.

In a speech he delivered during the conference, Al-Sudani stressed the government’s interest in strategic plans and projects that are consistent with the 2030 Sustainable Development Vision, calling on everyone to actively contribute to building a five-year national development plan that suits Iraq’s need for real development built on sound foundations.

The Prime Minister praised the Ministry of Planning, in preparing this important document, and the efforts of the experts supporting the Ministry. He also praised the efforts of the United Nations Development Program and the United States Agency for Development, for their support of the efforts of the Iraqi government.

The following are the highlights of the Prime Minister’s speech during the conference:

The scale of the challenges requires integrated plans aimed at achieving comprehensive renaissance in the medium and long term.

Iraq has witnessed a development interruption since the 1980s. Because of wars, sieges, and counter-terrorism operations. 

Our government worked to put development back on track and launch its development plans.

The government increased the pace of implementation of existing projects, which number more than 7,000 projects, and implemented new projects that represent a high development and service value.

The government has paid attention to strategic projects that are consistent with the 2030 Sustainable Development Vision, including infrastructure projects, clean energy, the development road, Al-Faw port, and others.

The best conditions to achieve the goals of the five-year plan must be provided by the agencies concerned with its implementation, including the governorates.

- At the beginning of its work, our government supported the governorates, through the Supreme Commission for Coordination between the Governorates, which succeeded in changing many paths, and its results appeared within one year of the government’s life.

The new governorate councils will represent a qualitative addition to the work, so we were keen to create the conditions for the success of the elections, so that each governorate would have representatives, whose work would complement the governor’s.

It is time for the new development plan to have economic dimensions based on the philosophy of economic diversification.

The government has laid the foundations for economic diversification, including the establishment of the Iraqi Fund for Development, which aims to create an integrated investment environment in the country.

Initiatives have been launched that aim to change the pattern of the rentier economy, such as the “Riyada” initiative, which helps young people invest their ideas in productive sectors.

The tripartite budget included a special provision to support the private sector by granting it sovereign guarantees, which will contribute to encouraging the business and investment environment in the country.

We are working hard to support the private sector and complete the formation of its development council, as it represents the primary partner of the government sector.

- If we succeed in achieving economic diversification, providing a fertile investment environment, and strongly introducing the private sector into the development scene, the reality of the situation will change.

We are continuing to build a network of economic relations between Iraq and the countries of the world, built on the foundations of mutual interests.

The government worked to reform the banking and financial sector, by automating all economic and service activities.

- We have begun to automate work at border crossings, and established the shift towards the use of electronic payment in all market and commercial transactions.

The five-year development plan must adopt digital transformation, by adopting electronic systems in all aspects of life.

We need sound development data and indicators in order to make development plans successful, and this requires conducting an accurate and comprehensive census of the population, their places of residence, and their work environments.

We decided to conduct the population census next year, 2024, and directed that all financial and logistical requirements be provided to make it successful.

-The five-year development plan should create space to achieve good governance, establish appropriate mechanisms to fight corruption, and dry up its sources wherever they are.

The existence of a five-year, verifiable development plan indicates a state of security, political, social and economic stability.

The results of development plans must reflect positively on vulnerable segments of society, by providing housing, education, and health, improving income levels, and reducing the effects of climate change.

- During its first year, the government worked to reduce poverty and unemployment rates, through the social protection network, improving the food basket, paying attention to health and education projects, services and infrastructure, working to not inherit poverty among poor families, and establishing a fund to support the poorest areas.   link

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Tishwash:  Saudi Arabia is accelerating the steps to establish the first free economic zone with Iraq

Saudi Minister of Investment Khaled Al-Fateh said on Sunday that his country is accelerating the steps to inaugurate the first free economic zone with Iraq, in the border region of Arar.

Al-Falih said that the Saudi Economic Cities Authority is studying establishing a link between the border areas and free zones with neighboring countries, expressing his hope that the border area with Iraq in Arar will be the first free economic zone with a neighboring country without taxes, fees or entry visas to serve investors in the two countries.

The statements of the Saudi Minister of Investment came during one of the sessions of the Northern Border Investment Forum held in the Saudi city of Arar, in which he indicated the availability of about 100 new investment opportunities, worth 20 billion riyals, in addition to the existing opportunities, which are valued at 80 billion riyals.

He stated that the new Arar land port in the northern border region is one of the gateways to the trade movement between Saudi Arabia and Iraq during the past two years, as the volume of land trade exchange during the first half of the current year amounted to about 913.1 million riyals, indicating at the same time that the volume of trade exchange between Saudi Arabia and Iraq In 2021, it amounted to about 3.5 billion riyals.

The Chamber of Commerce and Industry in the Northern Border Region said in a study it conducted that the trade movement between the Kingdom and Iraq grew from 294 million riyals in January to 381 million riyals in March, and Saudi Arabia’s imports from Iraq declined during the same period from 11.5 million riyals to 8.6 million riyals. Millions of riyals. 

The goods that Saudi Arabia exports to Iraq include aluminum and its products, electrical appliances and equipment and their parts, preparations based on grains or flour, dairy and eggs, edible animal products, and mineral products. While goods were imported from Iraq, namely aluminum and its products, gum and vegetable juices, sugar and its sugar products, and copper and its products.

The Saudi northern border region includes 25% of the Kingdom’s mining wealth, with a total value of 1.2 trillion riyals, according to the Deputy Minister of Industry and Mineral Resources for Mining Affairs, Khaled Al-Mudaifer.

The Saudi northern border region also contains about 7% of the global phosphate reserve, and the volume of investment in it amounts to about 85 billion riyals in two stages.

The northern region is considered an international corridor for trade and transport movement through 3 axes: the first through Iraq and then the countries of East Asia, the second through Jordan and Syria, then Turkey and the continent of Europe, and the third to the Arab Gulf countries.

On the 22nd of this month, the Iraqi Ministry of Industry and Minerals announced its initial approval to establish a joint economic zone with Saudi Arabia on the border between the two countries.  link

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Tishwash:  Al-Nusairi: The battle with black dollar speculators is in its final round

 Samir Al-Nusairi, advisor to the Iraqi Private Banks Association, confirmed in an interview with Al-Iqtisad News Agency that the measures of the government and the Central Bank and the efforts made since the beginning of 2023 have yielded results and will give the desired results according to what was planned, as speculators who deal in the black dollar on the black market have been besieged and the battle is with them.

In its last tour, this was explained in detail by the Governor of the Central Bank in his recent speech to the Iraqi News Agency, in which he referred to the administrative, technical and negotiating procedures and steps with the US Federal Reserve Bank and the US Treasury Department and the understandings to regulate trade financing by approving the opening of accounts for Iraqi banks in American and Chinese correspondent banks.

And Emirati and Turkish to deal directly with them for external transfers in the currencies of these countries, which are the dollar, the euro, the Chinese yuan, the Indian rupee, and the Emirati dirham, and to leave the electronic platform in 2024 and supply the dollar and foreign currencies into Iraq from the accounts of Iraqi banks in correspondent banks or abroad, as well as achieving the opening of up to 40 accounts for our banks. In correspondent banks.

Al-Nusairi explained that the Central Bank’s next strategy to reform the banking sector will depend on reclassifying banks and increasing their capital to the ceiling set by the Central Bank in accordance with the specified time frames until the end of 2024, which will lead to raising the capabilities of our banks to provide the best banking products and services to customers and to the economy, investment and development and the transition to comprehensive digital transformation. .

 Al-Nusairi pointed out that government support and the government agencies concerned with stimulating and activating the real sector and revolutionizing the productive economic sectors will constitute support and support for the plans and procedures of the Central Bank and continuous coordination with monetary policy applications.

 Al-Nusairi concluded his speech by saying that the methodology for advancing and reforming the Iraqi economy and achieving economic growth and stability requires exceptional efforts, programs, mechanisms and government procedures in partnership with the private sector and competent national competencies to change towards the desired economic advancement. With an emphasis on supporting, developing and classifying the banking sector as the first basic link in the economy.   link

Mot:  Good luck, shoppers!

Mot: ...... Hay Ya'll ~~~~~

Currency Insider Iraqi Dinar - Dong Updates Sunday Morning 11-26-23

Currency Insider Iraqi Dinar - Dong Updates Sunday Morning 11-26-23

CBI Governor Al Alaq New Plan For Dinar RV

Vietnam Dong New Rate Update

 CBI Governor Al Alaq New Plan For Dinar RV

https://www.youtube.com/watch?v=FKVlW-HMpEA

Vietnam Dong New Rate Update

https://www.youtube.com/watch?v=58X0NfcWvRw

News, Rumors and Opinions Sunday Morning 11-26-2023

KTFA:

Frank26:  "IN SHORT... THE BATTLE FOR THE NEW EXCHANGE RATE IS ALSO NEARING ITS END."............F26

 Sudanese Advisor: The Battle For The Dollar Is Almost Over

 11/24/2023

The media advisor to the Prime Minister, Hisham Al-Rikabi, confirmed today, Friday, that the dollar battle is nearing its end.

Al-Rikabi said in a post on the “X” platform, followed by Earth News: “The reform plans for the financial and banking system undertaken by the government and the Central Bank of Iraq aim to build strong foundations for the stability of the economy and pave the way for creating a suitable climate for investment, and end the eras of illegal trade, dollar smuggling, and speculative operations in market".

He added, "In short, the battle for the dollar is nearing its end."    LINK

Frank26:  "THIS IS THE MONETARY REFORM EDUCATION THAT WE CALL THE 2ND ARTICLE FOR THE CBI".............F26

Clare:  A Sudanese advisor reveals the goal of the reform plans for the financial and banking system

11/24/2023

Today, Friday (November 24, 2023), the media advisor to the Prime Minister, Hisham Al-Rikabi, revealed the goal of the reform plans for the financial and banking system undertaken by the government and the Central Bank of Iraq.

Al-Rikabi said in a tweet on the (X) platform that the plans aim to “build strong foundations for economic stability and pave the way for creating a suitable for climate investment.”

On the 14th of this month, Prime Minister Muhammad Shiaa Al-Sudani directed the directors of all government banks to prepare a plan to be presented within one month, to develop the work of banks that includes the optimal use of financial, human and technical resources , moving from paper work to automated work, electronic dealing with all banking activities and expanding... Electronic payment services, developing a comprehensive vision for banks in granting credit facilities and loans, and developing work mechanisms, including control and oversight tools.

Al-Sudani confirmed during a meeting that included the Minister of Finance, the Governor of the Central Bank, and directors of government banks that “bank directors will be subject to a performance evaluation in light of their implementation of the plan and the amount of achievement “

He stressed that "the real reform that the government was keen to achieve is based on banking reform, and it is determined to take bold decisions in order to implement this reform in a way that contributes to improving the investment environment and developing the work of the public and private sectors."    LINK

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Courtesy of Dinar Guru   https://www.dinarguru.com/

Militia Man  There's things happening as we speak - one thing after another.  I can't imagine anybody being discouraged at this time because of the nature of what's happening.

 Pimpy  I started thinking about something.  Right now Iraq is mostly importing.  This is a time when a country would want to increase their exchange rate.  This gives them more purchasing power.  But that's not what is happening over there in Iraq...I was wondering why don't they just increase the exchange rate?  This would give them more purchasing power and would help them as far as dealing with the deficit because if your exchange rate if higher then you have more purchasing power...Increase in the value of the Iraqi dinar means the imports that they pay for would be cheaper because they would have purchasing power...

Debt Will Collapse Global Economy... Will The U.S. Survive? Brent Johnson - Dollar Milkshake Theory

Sachs Reality:  11-25-2023

https://www.youtube.com/watch?v=EzQPG29G0gI

We’re About To See The Stock Market Completely Explode

Atlantis Report:  111-26-2023

In a sudden twist, a whopping 99.8% of analysts now agree that there won't be a rate hike at the last Fed meeting of the year.

 Just weeks ago, everyone was dead certain we were in for one. Only 0.2% of analysts believe rates won't come down next year. However the sudden shift is dramatic – now, everyone's anticipating an average of about four rate decreases next year.

 In a recent about-face, 10% of Wall Street pundits believed interest rates would hit 5.25% at next year's end. Now, just one day later, that number plummeted to 2%. And wait for it – a bunch more of these financial experts now predict interest rates dropping below 4%. It's a complete turnaround, and the financial forecast just got a whole lot more unpredictable.

https://www.youtube.com/watch?v=12AeNX1yT7g

Currency Insider Iraqi Dinar - Dong Updates Saturday Evening 11-25-23

Currency Insider Iraqi Dinar - Dong Updates Saturday Evening 11-25-23

Vietnam Dong Rate Update Against USA Dollar

Vietnam Dong Rate Update Against USA Dollar

https://www.youtube.com/watch?v=r10u_eEn5CA

More News, Rumors and Opinions Saturday Night 11-25-2023

TNT:

CandyKisses:  Gold Closes Above $2,000 An Ounce, Notching Weekly Gains 25/11/2023

Gold prices rose above the $2,000 level during Friday's trading, recording its second consecutive weekly gains, as it received support from the weakness of the dollar and bets on bets that the Federal Reserve has finished the monetary tightening cycle.

Gold prices rose in spot trading by 0.5% to $ 2001.97 an ounce, and achieved a weekly gain of 1%. U.S. gold futures closed the session 0.5% higher at $2003 an ounce.

Philip Streibel, chief market strategist at Blue Line, said the dollar index is deteriorating due to weaker data released this week that would turn the Fed into a more dovish trend and then could serve as a support for gold in 2024.

The dollar index fell 0.4% and recorded its second weekly decline amid growing expectations that the Fed could start cutting interest rates by May next year.

Traders broadly expect the Fed to leave interest rates unchanged at the December meeting, while expecting a roughly 64% chance of a cut as early as May, according to CME's FedWatch.

Tishwash:  Al-Rafidain launches a campaign to adopt electronic payment in daily financial transactions

Today, Saturday, Rafidain Bank announced the launch of a campaign to rely on electronic payment and open bank accounts for citizens.

 The bank's media office stated, in a statement, a copy of which was received by NRT Arabia, that "the mobile field teams of the Rafidain Bank branches are conducting extensive visits to shop owners, commercial centers, universities and other sectors."

The statement added, "This comes to review the banking services and facilities provided to customers, the procedures for opening bank accounts, and the move to adopt electronic payment in daily financial transactions."  link

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CandyKisses:  Advisor to the Prime Minister announces a platform for Iraqi and Chinese businessmen

Economy News-Baghdad

Advisor to the Prime Minister for Investment Affairs and Executive Director of the Iraq Fund for Development, Mohammed Al-Najjar, outlined on Saturday the importance of the relationship between Iraq and China, while announcing a platform for Iraqi and Chinese businessmen.

Al-Najjar said, during the founding ceremony of the Iraqi-Chinese Business Council, under the auspices of Prime Minister Mohammed Shia Al-Sudani, that "China was characterized by several qualities, including that it is the only country that was able to save 400 million people from the poverty line within 20 years, and this is a great experience that everyone must benefit from, and the second characteristic is its transition from a communist economy under the state by 100% to a real common economy that has become productive."

He added: "The third characteristic, which is very important as it relates to the experience gained by China through 4,000 years of civilization, which is how to develop a team capable of managing the variables of the state," noting that "Iraq looks at China as a friend and as a country that shared its concerns at a stage that abandoned a lot of it."

He continued: "We seek to learn a lot from China regarding how to change the framework and systems of the state," noting that "China has a principle called special economic zones, and this is an experience that must be used in Iraq to change our economic reality."

He pointed out that "China's GDP in 1979 did not exceed 120 billion, but today China is the second largest economy in the world through 40 years of changes that have occurred not only on a political basis, but on an economic and political basis at the same time," expressing his hope to "start a new phase of the relationship with China."

He stressed that "renewed trade and industrial projects between Iraq and China," pointing out that "the Iraqi-Chinese Business Council will be a platform for businessmen of the two countries."

Courtesy of Dinar Guru   https://www.dinarguru.com/

Pimpy    If you are being forced to rely on the US dollar that strengthens the US dollar.  Think supply and demand.  If the US keeps going around forcing these countries to have a dual currency and to take the US dollar, people will rather have the US dollars.  They believe those dollars to be stronger but as people start to de-dollarize and get away from using the US dollars and start using their currencies that strengthens their currency and weakens the US dollar...

Militia Man  Article:   "Ministry of Transport intends to open direct airlines towards Australia, America, Malaysia"  It's not just about a few regional countries.  It's about many different places.  Once you start opening up the airports all the investors can gain access to the country to take charge of their investment, produce their businesses.  It's a really big thing to have an international airport full...they have their capacity...what they're using today is at 100% and they're not even international yet...

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WARNING: Investors Are DUMPING U.S. Dollar As The Federal Reserve Is Expected To Cut Rates Soon

Lena Petrova:  11-25-2023

https://www.youtube.com/watch?v=4Dsnj0SkaBQ

News, Rumors and Opinions Saturday 11-25-2023

KTFA:

Clare:  Sudanese Advisor: The Battle For The Dollar Is Almost Over

11/24/2023

The media advisor to the Prime Minister, Hisham Al-Rikabi, confirmed today, Friday, that the dollar battle is nearing its end.

Al-Rikabi said in a post on the “X” platform, followed by Earth News: “The reform plans for the financial and banking system undertaken by the government and the Central Bank of Iraq aim to build strong foundations for the stability of the economy and pave the way for creating a suitable climate for investment, and end the eras of illegal trade, dollar smuggling, and speculative operations in market".

He added, "In short, the battle for the dollar is nearing its end."   LINK

Courtesy of Dinar Guru   https://www.dinarguru.com/

Militia Man  They're saying it's done.  I really like that.  I think you guys should be happy about it because if all the currency swaps are taken care of...I think it's a precursor to an exchange rate change in the future.

Nader From The Mid East   It has to revalue.  If you talk about the assets and how much Iraq has...Look at Kuwait doesn't have anything.  No agriculture.  They have a little bit of tourism.  When Kuwait hits your mind?  Almost never.  Here's the thing though, Iraq is more richer than Kuwait.  It's 100x, 1000x richer than Kuwait.  Of course because it's bigger than Kuwait... When you hear the head of state saying the dinar is stronger than the dollar you got to believe him.  It is stronger.

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From Recaps Archives: 

What is Nesara????   Many sites are talking about it……here is some information

NESARA ...Forgives all credit card, mortgage, student loan and other bank debt due to illegal banking and government activities..

Information about NESARA:

Source: http://www.ashtarontheroad.com/nesara-flyer-2-8-16.html

A law was (allegedly) passed in the United States in March 2000 and signed into law in October of 2000. This law is called N.E.S.A.R.A. – National Economic Security and Reformation Act.  All politicians and media members are under a gag order to not speak of it publicly until it is officially announced. This new law will first be enacted in the United States and eventually will be rolled out across the world. The law provides:

     ·  Forgives all credit card, mortgage, student loan and other bank debt due to illegal banking and government activities

     ·  Dissolves the IRS and ends all income tax

     ·  Creates flat rate non-essential “new items only” sales tax (food, medicine and all used items will not be taxed)

     ·  Increases benefits to senior citizens

     ·  Returns Constitutional Law to all our courts and legal matters – re-trains all judges and attorneys in Constitutional Law

     ·  Provides for new representational elections within Constitutional Law.

     ·  Monitors elections and prevents illegal activities of billionaires and special interest groups

     ·  Ends the Federal Reserve System and begins a new US Treasury bank system  that follows Constitutional Law

     ·  Creates new US Treasury currency backed by gold, silver and precious metals,ending US Government bankruptcy. This will initiate global economic reform.

     ·  Restores financial privacy

     ·  Ceases all aggressive US Government military action worldwide

     ·  Leads to peace throughout the world

     ·  Enables release of over 6,000 patents of suppressed technologies and enormous sums of money for humanitarian purposes

The provisions of the National Economic Security and Reformation Act have been composed by visionaries who wish to correct past wrongs against the people in the United States. It is supported and inspired by statesmen around the world, as well as off-world, as a vision for global peace, freedom and prosperity.

Further information about N.E.S.A.R.A. history at these sources:

http://2013rainbowroundtable.ning.com/page/history-of-nesara-1  

www.ashtarontheroad.com/history-of-nesara.html

https://freedomforhumanity2016.wordpress.com/tag/nesara-gesara/page/12​/

RJ Talks  Nov 24, 2023

The new president of Argentina, Javier Milei, an economist and a libertarian pulled off a decisive victory, and has already begun causing volatility in markets. Bond markets specifically in Argentina began to react to the incoming president’s promised policies. Some of which include massive spending cuts, making the US dollar Argentina’s legal currency, and closing the Central Bank of Argentina.

Well what happens when Milei takes office? What are big money investors looking at as possible opportunities? What will the effect be on US markets? Well make sure to watch the video to find out!

https://dinarchronicles.com/2023/11/25/global-economy-insights-videos-mileis-idea-that-could-solve-americas-debt-major-country-did-the-unthinkable-now-its-getting-serious/

https://www.youtube.com/watch?v=EKrl1qm4cH4

UBS Cites it May Fail | Silver's New Fuel Cell Demand?

SD Silver:  11-24-2023

Currently, US banks are reported to be still sitting on over $1/2 trillion in unrealized losses on investment securities.

Of course, there is no current estimate of collective losses on commercial loans for failing sectors like office space in major city centers, at least not yet anyway.

The three-year rolling average losses for US long-term nominal bonds have been -25% this year, 2023 and -26% last year in 2022, respectively. One is left to wonder which of the major commercial banks may be closest to another outright failure.

Perhaps the Global Systemically Important Bank that swallowed up recently failed Swiss bank behemoth Credit Suisse?

Reports online today alleged that UBS, a tier-1 G-SIB cited delays in customer deposit withdrawals to its customers, explicitly citing 'unforeseen liquidity challenges'. The branch in this particular alleged correspondence is located in Basel, Switzerland.

Two days ago, the current CEO of UBS, Sergio Ermotti, while speaking at a Swiss Risk Association event, stated, "Even in the unlikely event of something going wrong at UBS, we have enough cushion before even speaking about a resolution of the bank and its very unlikely risk of a loss for the taxpayer."

Would UBS need to be rescued? Ermotti said a private buyer would continue to be preferable. Saying, "Of course, this would likely entail an international buyer."

This is yet another reminder that no matter how sophisticated are gigantic a bank portends to be, you do not actually own the fiat currency in your bank account with them, and at any point in time, the bank may not even have the fiat currency available to fulfill your IOU if and when you demand it withdrawn.

https://www.youtube.com/watch?v=8bZR0reci9k

Currency Insider Iraqi Dinar - Dong Updates Late Friday Evening 11-24-23

Currency Insider Iraqi Dinar - Dong Updates Late Friday Evening 11-24-23

Iraqi Dinar In Power Play Reinstatement And Purchasing

 Iraqi Dinar In Power Play Reinstatement And Purchasing

https://www.youtube.com/watch?v=LwxZ-YhXQ4w