De dollarization 2024: BRICS finishes US dollar
De dollarization 2024: BRICS finishes US dollar
Fasepo: 4-7-2024
The growing trend of de-dollarization, particularly since the events of 9/11, is closely linked to the strategic use of the US dollar as a tool of economic statecraft by the United States.
This use has been characterized by leveraging the dollar's central role in global finance to enforce and implement US foreign policy objectives through sanctions and financial controls.
Since 9/11, the US has significantly expanded the use of its financial power to target not only states but also individuals and entities deemed as threats. The weaponization of the dollar became particularly evident with the implementation of financial sanctions against countries
De dollarization 2024: BRICS finishes US dollar
Fasepo: 4-7-2024
The growing trend of de-dollarization, particularly since the events of 9/11, is closely linked to the strategic use of the US dollar as a tool of economic statecraft by the United States.
This use has been characterized by leveraging the dollar's central role in global finance to enforce and implement US foreign policy objectives through sanctions and financial controls.
Since 9/11, the US has significantly expanded the use of its financial power to target not only states but also individuals and entities deemed as threats. The weaponization of the dollar became particularly evident with the implementation of financial sanctions against countries
like Iran and Russia, which were intended to exert economic pressure without direct military engagement.
For instance, sanctions have been a critical tool in US efforts to influence Russia's actions in Ukraine, leveraging the dollar's dominance to restrict Russian access to global financial markets and services.
This financial strategy relies heavily on international banking and financial communication systems like SWIFT, which, due to the dollar's dominance, fall under the influence of the US.
The use of SWIFT has enabled the US to exclude entire nations from the international financial system, significantly affecting those nations' economies and putting immense pressure on their financial stability and sovereignty.
The reaction to these actions has been a concerted push by several nations to reduce their reliance on the US dollar to avoid such vulnerabilities.
Countries, particularly those frequently at odds with US policies, have been motivated to seek alternatives that would lessen the impact of US sanctions.
This has led to increased use of local currencies in bilateral trade, the accumulation of gold reserves as an alternative to dollar assets, and the exploration of other international currencies for trade and reserve holdings.
The broad effects of US financial policies and the perceived overreach in using the dollar as a weapon have thus spurred on de-dollarization efforts, as countries seek to mitigate their exposure to US policy shifts and sanctions.
These efforts reflect a desire for greater economic independence and a shift towards a more multipolar global financial system, where the US dollar would potentially have less sway.
In this video, we explore the trend of moving away from the US dollar among countries in the Global South. We will discuss the rhetorical approaches and current strategies employed by the BRICS nations and other countries in the Global South as they seek alternatives to the US dollar in international trade and finance.
Iraqi Dinar Video Update Monday AM 4-8-24
Iraqi Dinar Video Update Monday AM 4-8-24
WOW Dong Value Update – 3:21
Iraq President Announce New Rate – 3:45
WOW It's Massive New Update About IQD – 4:24
Iraqi Dinar Video Update Monday AM 4-8-24
WOW Dong Value Update – 3:21
Iraq President Announce New Rate – 3:45
WOW It's Massive New Update About IQD – 4:24
WOW Dong Value Update – 3:21
Iraq President Announce New Rate – 3:45
WOW It's Massive New Update About IQD – 4:24
"Coffee With MarkZ" Monday Morning Chat 4-8-2024
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, everybody. Hope you had a great weekend. Let's get this done.
Member: I am ready for a explosive week!!!
Member: Ramadan ends today I believe.
Member: The Iraq Stock Exchange announced, on Monday, the suspension of its activity for a period of six days. For Eid Al Fitr.
Member: MarkZ Did you catch that Iraq closed their stock market until the 14th I we either go now while they are closed or when they open.IMO
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, everybody. Hope you had a great weekend. Let's get this done.
Member: I am ready for a explosive week!!!
Member: Ramadan ends today I believe.
Member: The Iraq Stock Exchange announced, on Monday, the suspension of its activity for a period of six days. For Eid Al Fitr.
Member: MarkZ Did you catch that Iraq closed their stock market until the 14th I we either go now while they are closed or when they open.IMO
Member: I think we will go after Eid. It's mandatory that Muslims donate a certain percentage to charity during this time. (per my Pakistani friend)
MZ: Also the Zig launches today. The Zimbabwe gold backed currency just launched in their markets.
MZ: “Zimbabwe introduces a new currency-Promising the ZIG will be launched on Monday” and here from Bloomberg “ Zimbabwe’s banking services disrupted ahead of ZIG launch” This is a big day in Zimbabwe
Member: Watching the roll-out process with the new Zim Dollar is important
Member: So the Zig is different from the Zim bond notes we hold?
Member: Our Zim is a bond, it’s not the currency that Zimbabwe is using! Their new zig currency is for their in country use!
Member: I wonder Is the ZIG trading in country for the old Zim Dollar on a 1:1 basis? Because this is what we are looking for similarly here USD<USN 1:1
Member: in the news; US closed Iraq oil revenue act. does that hurt the people or RV?
Member: The fact that executive order 13303 wasn't extended or renewed is a good thing. That was the US controlling Iraqi's oil dollars as I understand it....
MZ: We do have more confirmations of bond appointments and final bond contracts payout between the 15th and the 22nd. This seems it will be a huge week for bonds…It is reassuring seeing this much activity right now.
Member: Unless they kick the can as usual.
Member: If the bondholders would be going between the 15th and 22nd, in your estimation. opinion only!. do you think we'll go at the end of the month then?
Member: Mark, do the bond holders have to 100% finished b4 we get our appointments?
Member: I was told Bond holders will take up to 6 months to be fully processed….and we do not have to wait for all of them to be finished before we exchange…..just a percentage of them have to start..
MZ: “Price level determination under the gold standard” This is from the Federal Reserve bank of Philadelphia……They did this analysis this year- this February. They broke down all the intricacies of returning to the gold standard. Short term price fluctuations as everything settles down…. then long term price stability.
MZ: Of course Zimbabwe is going gold backed. Russia has the gold backed ruble, China internationally has a gold backed –oil yuan. I think we will see more countries do the same thing. Denmark is actively looking at doing the same…..It is coming.
Member: if Denmark is announcing publically that they are pursuing gold backed currency…IMO they have already done it.
MZ: I agree.
Member: I haven't found a bank yet to exchange in . Only BOA (don't trust) and WF (same!). all others are credit unions or state banks. Not sure state banks will exchange.
Member: Searching for a bank before they announce is probably not going to go well. They keep it private for security is what I was told by bank personnel.
Member: Is it true that Chase has our new currency notes in their vaults?
MZ: There are sure a lot of rumors that Chase has them …..also lots of rumors that many banks now have them ….in preparation. .
Member: I heard Frank26 is in Hawaii with Dinars to buy a house when this thing happens soon
Member: Iraq was promised an announcement by end of Ramadon, well todays the day, if they dont get it do you think there will be hell to pay?
Member: Kim Clement Prophesied about Iraq and the Dinar and there will be blessings in the world. He said this July 18, 2015
Member: They have to force the hand of whoever is holding this up!! We need this now!!
Member: Praying this is our Week!
Member: Thanks to all for keeping us hanging in there…….Maybe its finally going to happen!!
Member: Have a very blessed day and see all you fantastic looking people tonight.
Stacie Z joins the stream at the end. Please listen to the replay for her information.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
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!
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.
News, Rumors and Opinions Monday 4-8-2024
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. 8 April 2024
Compiled Mon. 8 April 2024 12:01 am EST by Judy Byington
Solar Eclipse on Mon. 8 April: “The Sun will turn to darkness before the Great Day of the Lord.”
Fri. 5 April Frank26: The US did not sign the Executive Order 13303. It has been signed by every President since 2003. As long as it was signed Iraq couldn’t revalue their currency. The US has 48 hours to return $115 billion. Trillions are becoming millions. Sudani promised during Ramadan. It ends the 8th, and EID is the 9th-14th. It will be done before Sudani meets in Washington on the 15th. Walking Stick says our window is 9th-14th April.
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. 8 April 2024
Compiled Mon. 8 April 2024 12:01 am EST by Judy Byington
Solar Eclipse on Mon. 8 April: “The Sun will turn to darkness before the Great Day of the Lord.”
Fri. 5 April Frank26: The US did not sign the Executive Order 13303. It has been signed by every President since 2003. As long as it was signed Iraq couldn’t revalue their currency. The US has 48 hours to return $115 billion. Trillions are becoming millions. Sudani promised during Ramadan. It ends the 8th, and EID is the 9th-14th. It will be done before Sudani meets in Washington on the 15th. Walking Stick says our window is 9th-14th April.
Global Currency Reset: (RUMORS)
On Wed. 3 April Morning the redemption center leaders and bank managers throughout the United States, entered the access codes for the Global Currency Reset and sent them to the US Treasury at about 11:30 p.m. …Wolverine
On Fri. 5 April the Reserve Bank of Zimbabwe (RBZ) injected gold-backed digital tokens (GBDT) known as Zimbabwe Gold (ZiG). Banks now have the new Forex rates…Wolverine
It was rumored that Tier 3 Fines, Sanctions, Farm Claims, CMKX payments and Bond Holders started Fri. 5 April.
Tier 4b (us, the Internet Group) could go at any time.
While some Bond Holders have received emails that notified of liquidity to their accounts, actual payments were said scheduled to begin on Wed. 10 April.
Brazil Banks report Tier4b liquidity release to be on Tues, Wed, Thurs. 9, 10, 11 April.
While some New York banks were told announcement of the Global Currency Reset would happen by Mon. 15 April, most believe the General Public announcement will be on Sun, Mon, 21st or 22nd April.
Restored Republic THE BIG BANG, Benjamin Fulford:
Under GESARA, currency undergoes a transformation, with Nesara introducing Rainbow “Treasury” Notes backed by precious metals, augmented by the integration of Quantum Starlink and internationally regulated USA Coins adhering to ISO20022 standards, also backed by metals.
~~~~~~~~~~~~~
GESARA – GLOBAL ECONOMIC SECURITY AND REFORM ACT, Charlie Ward:
Elimination of the national debt of all nations of the world.
No taxes. Only a fixed sales tax of around 15% on new goods.
Waiving of mortgages and other bank departments due to illegal government activities.
World Peace for 1,000 years.
Gold Standard!
Build and rebuild in all countries at 1950s prices.
The power goes back to We The People. Global distribution of wealth.
Read full post here: https://dinarchronicles.com/2024/04/08/restored-republic-via-a-gcr-update-as-of-april-8-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Sandy Ingram The real effective exchange rate (REER) is a measure of the relative strength of a country's currency in relation to an index or basket of other major currencies. The REER is used to judge whether the country's currency is undervalued or overvalued or, ideally, fairly valued... Nominal Effective Exchange Rate (NEER)...It is an index of the weighted average of bilateral exchange rates of home currency with respect to a basket of currencies of trading partners. An increase in NEER indicates an appreciation of the local currency against the weighted basket of currencies of its trading partners. [Post 1 of 2....stay tuned]
Sandy Ingram Iraq's top five export trading partners are India, with $38.8 billion, China with $34 billion, the United States with $10.3 billion, South Korea with 8.21 billion, and Greece with $6.27 billion. Based on Iraq's export partners the Iraqi dinar definitely could be worth more. However everything is speculative until the US and Iraq give the green light to float, revalue, reinstate or increase the value of the Iraqi dinar...This could happen overnight but it is unlikely. [Post 2 of 2]
ALERT! Massive Changes in SILVER Prices Coming | Bill Holter GOLD & SILVER Price Prediction
Smart Stock Trading: 4-6-2024
Currency Updates & Important News IQD VND ZIM HTG TRY ARS & Gold
Edu Matrix: 4-7-2024
Iraqi Dinar Video Update Sunday Afternoon 4-7-24
Iraqi Dinar Video Update Sunday Afternoon 4-7-24
Finally It's Going Good Dinar Exchange Rate WOW – 3:34
Al Sudani Big Statement About IQD RV 6 April – 2:59
Iraqi Dinar Economic Revaluation – 3:09
Iraqi Dinar Video Update Sunday Afternoon 4-7-24
Finally It's Going Good Dinar Exchange Rate WOW – 3:34
Al Sudani Big Statement About IQD RV 6 April – 2:59
Iraqi Dinar Economic Revaluation – 3:09
Finally It's Going Good Dinar Exchange Rate WOW – 3:34
Al Sudani Big Statement About IQD RV 6 April - 2:59
Iraqi Dinar Economic Revaluation – 3:09
Economist's "Sunday Thoughts and Opinions" 4-7-2024
Stock Market And S&P WILL Crash By At Least 50% or More, Get Ready
Atlantis Report: 4-7-2024
Financial markets have a long history of experiencing significant ups and downs, with periods of irrational optimism followed by harsh economic realities.
As we go through the current economy, there are numerous concerning indicators suggesting that we may be on the verge of a significant market downturn.
Such an event could potentially lead to a crash of staggering proportions. The alarming prospect demands our attention and preparedness, as the consequences could have far-reaching impacts on various sectors.
Today, we will examine the key factors contributing to this economic downturn and explore the underlying forces that could worsen a market meltdown.
Stock Market And S&P WILL Crash By At Least 50% or More, Get Ready
Atlantis Report: 4-7-2024
Financial markets have a long history of experiencing significant ups and downs, with periods of irrational optimism followed by harsh economic realities.
As we go through the current economy, there are numerous concerning indicators suggesting that we may be on the verge of a significant market downturn.
Such an event could potentially lead to a crash of staggering proportions. The alarming prospect demands our attention and preparedness, as the consequences could have far-reaching impacts on various sectors.
Today, we will examine the key factors contributing to this economic downturn and explore the underlying forces that could worsen a market meltdown.
MARKETS A LOOK AHEAD: We Are In a Debt, DE@TH, Spiral... CRITICAL UPDATES.
Greg Mannarino: 4-7-2024
Is There No Alternative to U.S. Dollar as King of Global Reserve Currencies or Is Its Demise Coming?
Kitco News: 4-6-2024
Is the U.S. dollar in imminent danger as the world's reserve currency?
Frank Giustra, CEO of Fiore Group, and Pierre Lassonde, Chairman Emeritus at Franco-Nevada, debate de-dollarization and its consequences in this Kitco Insights Interactive Mining Titans' Power Panel hosted by Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News.
Giustra and Lassonde discuss the global monetary system's future, the resilience of the U.S. dollar, and gold's critical role. Lassonde shares his gold price forecast.
More News, Rumors and Opinions Sunday Afternoon 4-7-2024
KTFA:
Clare: The Council of Ministers holds its regular session today instead of Tuesday due to the Eid al-Fitr holiday
4/7/2024 Baghdad –
Today, Sunday, the Council of Ministers held its regular session under the chairmanship of Prime Minister Muhammad Shiaa Al-Sudani. The session was postponed from its scheduled date every Tuesday due to the Eid al-Fitr holiday.
A statement from Al-Sudani’s office, a copy of which was received by 964 Network:
The Council of Ministers holds its regular session under the chairmanship of the Prime Minister, Mr. Muhammad Shiaa Al-Sudani, which was postponed to its scheduled date due to the Eid Al-Fitr holiday. LINK
KTFA:
Clare: The Council of Ministers holds its regular session today instead of Tuesday due to the Eid al-Fitr holiday
4/7/2024 Baghdad –
Today, Sunday, the Council of Ministers held its regular session under the chairmanship of Prime Minister Muhammad Shiaa Al-Sudani. The session was postponed from its scheduled date every Tuesday due to the Eid al-Fitr holiday.
A statement from Al-Sudani’s office, a copy of which was received by 964 Network:
The Council of Ministers holds its regular session under the chairmanship of the Prime Minister, Mr. Muhammad Shiaa Al-Sudani, which was postponed to its scheduled date due to the Eid Al-Fitr holiday. LINK
Clare: Al-Sudani confirms to Plasschaert that Iraq has completed many of the requirements for transformation and the completion of its constitutional institutions
4/7/2024
Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Sunday, to the United Nations representative that Iraq has completed many of the requirements for transformation and the completion of its constitutional institutions, which was documented by recent UN reports.
His media office stated in a statement received by {Al-Furat News}, that "the latter received the Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine Plasschaert, and during the meeting, the relationship between Iraq and the United Nations was discussed, and the most prominent files and programs in which the United Nations organization is working to support Iraq." And in various fields.”
The Prime Minister confirmed that Iraq has completed many of the requirements for transformation and the completion of its constitutional institutions, which was documented in recent international reports, pointing to the importance of continuing cooperation between Iraq and the United Nations agencies operating in Iraq, with their various activities.LINK
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Clare: TAKE NOTE OF THE IRAQI FLAG
THE NEXT ASCENSION DAY ON WTO CALENDAR IS MAY 9TH
https://www.wto.org/english/news_e/events_e/events_calendar_view_e.htm
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Don961: Al-Rafidain announces the launch of the comprehensive banking system
Economy | 09:07 - 04/06/2024 Mawazine News - Baghdad
Al-Rafidain Bank announced, on Saturday, the launch of the comprehensive banking system in the branches of Al-Waziriya and Al-Ma’rifa in Baghdad and Al-Shuhada in Holy Karbala.
He stated to the Bank in a statement received by Mawazine News, that “the plan for digital transformation and adoption of the comprehensive banking system is proceeding according to the set timings to include all branches of the bank with the application of the system.”
He pointed out that "one of the priorities and objectives of the government program is electronic transformation in financial transactions, reducing episodes of red tape for citizens, and reducing time and effort in completing citizens' transactions." LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Samson Article: ”WTO - ACCESSIONS - MAY 9th, 2024 - Includes Iraq"
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Have not seen any of it on the news today about the lower notes that are going to be distributed in May...However there are a lot of rumors saying it was something out here today. We have not seen yet but we are looking... FRANK: There are many rumors about the monetary reform right now. Yes there seems to be a rumor about the lower notes...let's see what happens this coming week. Let's see how things start to unfold.
CORNERED: Japan Faces Painful Currency Collapse As Cheap China Exports Grabs Market Share
Sean Foo: 4-5-2024
Japan's economic gloom is getting worse. The end of yield curve control or negative interest rates has exposed the reality of the economy.
Because of overwhelming debt, the Bank of Japan is trapped and has to save a collapsing Yen. But dumping tons of dollars won't change Japan's structural problems which include a competitive China and higher US interest rates.
Here's what you must know!
Timestamps & Chapters
: 0:00 Japan's Economy Is Trapped
2:47 China Cheap Exports Nightmare
5:53 Japan Consumer Collapse
8:44 A Pointless Dollar Dump
11:55 Investment Leaving Japan
Currency Insider Iraqi Dinar – Dong Sunday AM 4-7-24
Currency Insider Iraqi Dinar – Dong Sunday AM 4-7-24
Iraqi dinar RV Emergency date and time announcement – 1:50
HCL New rate for Iraqi dinar done – 1:47
Vietnam Dong big positive new for dinar investors after long time – 1:16
Iraqi dinar ready for new rate – 2:40
Currency Insider Iraqi Dinar – Dong Sunday AM 4-7-24
Iraqi dinar RV Emergency date and time announcement – 1:50
HCL New rate for Iraqi dinar done – 1:47
Vietnam Dong big positive new for dinar investors after long time – 1:16
Iraqi dinar ready for new rate – 2:40
Iraqi dinar RV Emergency date and time announcement – 1:50
HCL New rate for Iraqi dinar done – 1:47
Vietnam Dong big positive new for dinar investors after long time – 1:16
Iraqi dinar ready for new rate – 2:40
Iraqi Dinar Video Update Late Saturday Evening 4-6-24
Iraqi Dinar Video Update Late Saturday Evening 4-6-24
Today IQD 2.89$ Set New Big Rate Update – 3:06
Iraqi Dinar Latest Exchange Rate Update – 3:02
Iraqi Dinar Massive RV Update – 3:27
WOW Amazing Update About IQD RV – 3:13
Iraqi Dinar Video Update Late Saturday Evening 4-6-24
Today IQD 2.89$ Set New Big Rate Update – 3:06
Iraqi Dinar Latest Exchange Rate Update – 3:02
Iraqi Dinar Massive RV Update – 3:27
WOW Amazing Update About IQD RV – 3:13
Today IQD 2.89$ Set New Big Rate Update – 3:06
Iraqi Dinar Latest Exchange Rate Update – 3:02
Iraqi Dinar Massive RV Update – 3:27
WOW Amazing Update About IQD RV – 3:13
News, Rumors and Opinions Sunday AM 4-7-2024
KTFA:
Clare: Install 1,000 ATMs in cities in the Kurdistan Region by the end of 2024
4/5/2024
The process of registering employees in the Kurdistan Region continues with the “Hasbi” project, which is a digital financial payment system. Employee registration has reached 260,000 people, and 153,000 cards have been issued to those registered.
The regional government said in a statement today, Friday, that by the end of 2024, about 1,000 ATMs will be installed in all governorates, districts and regions of Kurdistan, so that employees can easily receive their salaries.
According to the statement, the number of banks participating in the project is constantly increasing, and so far they are (BBAC - NBI - RT - Cihan - IIB), all of which have been recognized and accredited by the Central Bank of Iraq.
KTFA:
Clare: Install 1,000 ATMs in cities in the Kurdistan Region by the end of 2024
4/5/2024
The process of registering employees in the Kurdistan Region continues with the “Hasbi” project, which is a digital financial payment system. Employee registration has reached 260,000 people, and 153,000 cards have been issued to those registered.
The regional government said in a statement today, Friday, that by the end of 2024, about 1,000 ATMs will be installed in all governorates, districts and regions of Kurdistan, so that employees can easily receive their salaries.
According to the statement, the number of banks participating in the project is constantly increasing, and so far they are (BBAC - NBI - RT - Cihan - IIB), all of which have been recognized and accredited by the Central Bank of Iraq.
Since last year, as a pilot, Erbil Maternity Hospital employees have received their salaries through the “My Account” banking system.
At the end of last year, the faculties of arts, agriculture, and science at Saladin University received their salaries through the same system. LINK
Clare: A new position from the World Bank regarding the Grand Port of Al-Faw
4/6/2024
Baghdad
The World Bank expected, today, Saturday, that Iraq will enter the global trade route once the large Al-Faw port is operational.
Ibrahim Dajani, Director of the World Bank’s Transport Sector in the Middle East and North Africa region, wrote during his visit to Al-Faw Port, “Once Al-Faw Port is occupied, Iraq will be placed on the path of global trade between the East and Europe, which will provide opportunities for investment in logistical centers and industrial and commercial activities, as it will provide job opportunities.” For young women and men.”
He added, "I am happy with the Iraqi government's decision to enter into a partnership with the World Bank to achieve this important endeavor."
The large port of Al-Faw is located on the Al-Faw Peninsula, south of Basra Governorate. The cost of the project is about 5 billion dollars, with a total area of 54 square kilometers. The capacity of the planned port is estimated at 99 million tons annually, to be one of the largest ports overlooking the Gulf and the tenth largest in the world.
Iraq has completed the construction of more than 60% of an undersea tunnel linking the coastal region to international trade links through what is known as the development road with Turkey.
By the year 2038, Iraq is expected to earn $4 billion from the new port activity, to which indirect revenues will be added, such as transit services through the development road extending to Turkey and Europe, which competes with several global trade lines, thanks to the reduction in time. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat What are the next steps? We know it is the in-country rate needed to support the Project to Delete the Zeros as the next steps and, by design, it is to retrieve all this stashed currency and get it into the banks from the hordes in the Iraqi homes. Common sense then dictates to us that the only way they will be successful in these next steps is to raise the program rate higher over the dollar to create an incentive for this purpose. This will be the second rate change we have been told would occur and have been waiting for. [Post 1 of 2....stay tuned]
Mnt Goat But remember that with these next steps, this is still in the “program” rate and for in-country only. We will still NOT be able to exchange our dinars outside Iraq until the reinstatement which follows the Project to Delete the Zeros... there is much work to be done yet before we go off to the bank to exchange...So now, we are just waiting for the “giant” leap when the CBI gives them the second rate change. This should bring in much if not all the remaining currency back to the banks that they need desperately for the economy. This second rate change should coincide with the project to delete the zeros... [post 2 of 2]
SHOCKING: Yellen THREATENS CHINA Over Trade with RUSSIA
Lena Petrova: 4-7-2024
ALERT! Buckle Up for the Silver Rigging END GAME! $50/oz, $500/oz, $5,000/oz or HIGHER?!
(Bix Weir) 4-7-2024
We don't know how high the price of Silver will rise WHEN the manipulation ends BUT we do know that the price of Silver has been suppressed for over 170 YEARS!
That's a lot of ground to make up and I for one will be HODLing right through the rise!!
Iraqi Dinar Today Video Updates Saturday Afternoon 4-6-24
Iraqi Dinar Today Video Updates Saturday Afternoon 4-6-24
Finally Chase Bank Confirm New Exchange Rate $2.80 – 4:23
Vietnam Dong Massive Exchange Rate – 2:26
Sudani Officially Announced IQD RV And Set Exchange Rate – 4:15
Iraqi Dinar Update By Wolverine – 2:07
Iraqi Dinar Today Video Updates Saturday Afternoon 4-6-24
Finally Chase Bank Confirm New Exchange Rate $2.80 – 4:23
Vietnam Dong Massive Exchange Rate – 2:26
Sudani Officially Announced IQD RV And Set Exchange Rate – 4:15
Iraqi Dinar Update By Wolverine – 2:07
Finally Chase Bank Confirm New Exchange Rate $2.80 – 4:23
Vietnam Dong Massive Exchange Rate – 2:26
Sudani Officially Announced IQD RV And Set Exchange Rate – 4:15
Iraqi Dinar Update By Wolverine – 2:07