News, Rumors and Opinions Monday 4-29-2024

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. 29 April 2024

Compiled Mon. 29 April 2024 12:01 am EST by Judy Byington

Judy Note:

Global Financial Collapse on the Horizon: Banks not Basil 3 Compliant by Thurs. 2 May will be closed. First Republic Bank has already collapsed.

While the Cabal’s non-asset backed digital currency won’t be available until 2030, the Global Currency Reset of 209 Independent Republics to gold/asset-backed currencies was already in motion and expected to culminate on Wed. 1 May – A New Beginning.

Timing  (RUMORS)

Tues. 30 April: According to Goldilocks a market reset will now happen across all sectors, including Forex.

Wed. 1 May Day – A new Beginning.

On Thurs. 2 May if a bank was not Basel 3 Compliant, they would either be closed, or absorbed by another bank. The Central Bank of Brazil would launch their new “international banking” system. EBS Test?

Sun. 5 May Orthodox Easter

Effective April 30, 2024, the Depository Trust Company is giving us a notice. They’re telling us that their coverage for settlement risks in assets or securities that are not collateralized could be at risk in a market moving into real values.

Corporate notes or bonds are moving from 50% to 70% haircut value. Cryptocurrencies have a haircut value potential of 100%, and this includes Bitcoin.

In other words, any asset going forward that is not backed by a commodity has a haircut value risk when the market resets into a new set of values based on Real World Assets.

What are we being told could happen after April 30th, 2024? A market reset across all sectors of the market including Forex.

Global Currency Reset: (RUMORS)

On Tues. 23 April an announcement was made on the official website of the Central Bank of Brazil about the advent of a new “international banking” system scheduled to launch on May 2, 2024.

The Iraqi Dinar was the Kingpin that would launch the Global Currency Reset of 209 countries. “The Governor of the Central Bank of Iraq has told the citizens to prepare for a currency exchange.” …TNT Tony

On Fri. 26 April The National Bank of Iraq Went Live with Core Banking and Payments: https://www.temenos.com/news/2024/04/25/national-bank-of-iraq-goes-live-with-temenos-core-banking-and-payments/

Sat. 27 April 2024 Iraqi Dinar is Done…Wait for it: https://youtube.com/shorts/uDHJMobFA8w?si=ysimCGFOCCV6q6R2

Global Financial Collapse:

The First Republic Bank has collapsed.

Sat. 27 April: Cabal Digital Currency designed to rule the World by 2030: https://beforeitsnews.com/economy/2024/04/new-report-over-98-percent-of-worlds-central-banks-gearing-up-for-new-system-of-programmable-trackable-digital-cash-and-24-nations-will-have-liv-3110178.html

BRICS conducts $260 billion worth of trade without US dollar. The BRICS countries aim to eliminate the US dollar from all global trade and transactions by 2024. The bloc’s goal is to put local currencies above the US dollar to strengthen domestic economies and businesses. The alliance is also urging other developing countries to follow suit and make payments for cross-border transactions in local currencies. https://watcher.guru/news/brics-conducts-260-billion-worth-trade-without-the-us-dollar

BRICS makes major announcement about expansion: https://watcher.guru/news/brics-makes-major-announcement-about-expansion

Sun. 28 April Cuban Bank Runs: https://abcnews.go.com/International/wireStory/long-lines-form-frustration-grows-cuba-runs-short-109714175

Read full post here:  https://dinarchronicles.com/2024/04/29/restored-republic-via-a-gcr-update-as-of-april-29-2024/

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  Barzani and Sudani both attending big meetings this evening and they say they want to talk to us.  Could this be it...Is this the talk?  FRANK:  I don't know but I do know these two leaders are about to take you and your country into the new reforms that they have been promising you...It is now being revealed to you... Pay attention to when these two gentlemen talk...because...your media will not even show it to you...Your media is owned by the Iranian politicians... They don't want you to have anything that has been promised to you...

Walkingstick  [Iraqi Bank owner colleague #1]   The results from the meeting #1 was having with the CBI these last few weeks all of that information is now coming to the citizens 'to be revealed'.  That's happening right now...a massive campaign of education to the citizens.  This phase is talking to the citizens. 

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BRICS Currency Announced! Is it Gold Backed?

AMPEX:  4-28-2024

In this week’s video, we look at Russia’s announcement of an official BRICS currency.

 There has been speculation and rumors of this currency for some time, and one major theory is that it would be backed by a basket of commodities including gold.

However, the Kremlin recently announced they have almost completed a digital currency based on blockchain technology. Backed by gold or not, if a new BRICS currency becomes internationally adopted for trade, the U.S. Dollar will lose value.

 If U.S. Dollar’s value decreases, we expect the price of gold to increase.

While there is no official launch date yet, dismantling the dollar will take time and we don’t expect it to go down without a fight.

In the meantime, we will keep an eye out for any official launch date and stay ready to keep viewers informed.

https://www.youtube.com/watch?v=M0JVAxrlA1A

The US Economy Bubble is BURST: What Next?

The US Economy Bubble is BURST: What Next?

Fastepo:  4-27-2024

The U.S. government's debt has been a growing concern, especially with recent figures surpassing $34 trillion as of early 2023, marking a significant increase in less than a year.

This level of debt is not only historically high but also raises alarms about potential economic implications.

Historically, U.S. government debt has surged due to a combination of factors, including policy decisions and economic shocks such as the 2008 financial crisis and the COVID-19 pandemic, which necessitated substantial fiscal stimulus.

This trend has continued over the past two decades with the debt increasing annually, significantly affected by government spending exceeding revenue.

The comparison of the current debt level to World War II is notable, as the debt to GDP ratio now approaches or exceeds the peaks seen during that era, which were the highest in U.S. history until now.

While the post-war period saw a reduction in debt relative to GDP due to economic growth and fiscal adjustments, the current projections suggest a continuing rise without similar mitigating factors.

Economists and policymakers express concern that if the growth of debt continues to outpace economic growth, it could lead to higher interest rates, decreased private investment, and an increased burden of interest payments on the federal budget.

 This scenario could potentially crowd out funding for other essential services and investments. Looking ahead, projections indicate that the U.S. debt trajectory is unsustainable under current policies, with expected increases in healthcare and Social Security spending as the population ages.

Without significant policy changes, the federal debt could rise to between 137% to 143% of GDP by 2053, which poses substantial risks to the country's fiscal health and economic stability.

In this video, we'll explore the significant issue of the United States' high debt levels. We'll examine the potential effects on both the U.S. and the global economy.

 Additionally, we will analyze how China and Russia, two prominent members of the BRICS nations, might benefit from uncontrolled U.S. debt levels.

https://www.youtube.com/watch?v=IKzHmqe0_Rk

More News, Rumors and Opinions Sunday Evening 4-28-2024

KTFA:

Frank26:  "SUDANI CONTINUES TO SEND HIS PEOPLE TO THE IRAQI CITIZENS EXPLAINING THE MONETARY REFORM!!!".................F26

Prime Minister’s Advisor: We will see the dollar fall on the black market soon

4/27/2024   Baghdad

The political advisor to the Prime Minister, Fadi Al-Shammari, confirmed today, Saturday, that the demand for the official dollar has increased, while he expected it to decrease on the black market in the coming period.

Al-Shammari said in a press statement received by Al-Maalouma, that “the classification of financial institutions in Iraq according to World Bank reports is positive, and the Central Bank’s classification is A++ and exceeds the Emirati classification.”

He added, “Iraq wants to join the international banking system, and on this basis the government has taken positive measures in this regard.”

He confirmed, “The increasing percentage of merchants joining the platform rose from 28% to 78%,” noting that “the demand for the official dollar has increased, and we will witness its decline on the black market in the coming period.”

He pointed out that Iraq agreed “with the US Treasury on a road map that includes a third party represented by an international consulting company to audit the procedures of the sanctioned banks, and its decisions are binding on the US Treasury.”   LINK

**

Frank26: "EVEN SAUDI ARABIA SCREAMS TO THE WORLD IRAQ IS SECURE & STABLE, GET YOUR DONKEY IN HERE & SEE FOR YOURSELF".........F26

 Al-Awadi explains the importance of the Prime Minister’s participation in the World Economic Forum in Saudi Arabia

4/27/2024   Baghdad - 

The government spokesman, Bassem Al-Awadi, explained the importance of Prime Minister Muhammad Shiaa Al-Sudani’s expected participation in the World Economic Forum, which will be held on 28-29 in the Saudi capital, Riyadh, while he stressed the government’s work to inform the world of the reality of the situation in Iraq to attract investments and transform the country’s economy from Rent-seeking to the market economy, instead of the blurry image being promoted, revealed a leap in relations between Iraq and Saudi Arabia that raised the volume of trade exchange to unprecedented extents.

Al-Awadi told the Iraqi News Agency (INA): “The Prime Minister’s visit to Saudi Arabia will be to attend the special meeting of the World Economic Forum that will be hosted by Riyadh, which is one of the largest forums and is equivalent in importance to the Davos Forum in Switzerland. The first title of this conference is international cooperation, growth and the energy sector from For development.

He added, "More than a thousand important and influential figures will attend the forum held in Saudi Arabia, including a president, a leader, a political decision-maker, heads of major economic companies, thinkers and opinion makers in the governmental and private sectors around the world."

He continued, "Therefore, this is a great opportunity for important, high-level meetings for the Prime Minister to be held with world leaders and idea and policy makers in which Iraq's current image, stability, and openness to investment and great investment opportunities in the country will be clarified. We are a country moving toward stability and need to know ourselves during... The Prime Minister’s visits, which he spoke about in Washington, showed the true picture of Iraq in response to the blurry picture that some media outlets are trying to spread.”

He pointed out, "There is confusion about the Iraqi situation, and many believe that Iraq is unstable and the situation is chaotic, and this is contrary to reality. The true position must be clarified and correct relations with the outside must be built. Officials of brotherly and friendly countries are invited to visit Iraq to get to know its situation closely and in the true form that actually exists." We tell them to visit Iraq from south to north and see the truth of the situation for yourselves and make sure that Iraq is stable and its doors are open to investment.”

Al-Awadi pointed out that "Iraq needs investments to exploit its wealth, as well as to develop the industrial and agricultural sectors, so that we can move from a rentier economy to a market economy, support the private sector, and provide more jobs in the private sector. During the Prime Minister’s visit to Washington, there was a delegation of businessmen in support of this trend." .

Regarding the relations between Baghdad and Riyadh, Al-Awadi explained, “Iraqi-Saudi relations are in continuous development and growth, and there was a leap last year under the government of Prime Minister Muhammad Shia’ al-Sudani, as trade exchange between the two countries jumped between one billion to one billion five hundred million dollars last year.” In the years before that, it was limited to $300 million or half a billion dollars.”

He pointed out, "We consider this leap in relations and cooperation a beginning, and the government is keen to expand commercial cooperation and other sectors to broader extents LINK

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

Frank26  [Iraq boots-on-the-ground report]   FIREFLY: We know who the crooks are and they're mad about the concept of floating.  They came out yesterday and they told us if the Iraqi dinar starts to float that would be very dangerous, it would be a bad thing for us Iraqi citizens...I guess this float is extremely serious and very important and something they're about to tell us because parliament hates it.  They're a bunch of crooks...

Breitling  When I did the evaluation [of the dinar] it was against countries and currencies that had lopped.  I had the same questions as you guys when I invested.  Where is this going?  How can this work?  I found out the value was in a policy based inflation, they want to add value to it, they injected US dollars into the economy, devalued the dinar.  The
dinar you and I have has nothing to do with hyper-inflation, major market problems or anything like that...Yes, they can add value to currencies that have a lot of zeros behind it.  Iraqi dinar is stable.  They can and are going to add value to it.

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

There is rumors with the 3-0’s be deleted tomorrow from Forex

Nader:  4-28-2024

https://www.youtube.com/watch?v=y3Lov3glaU4

Goldilocks' Comments and Global Economic News Sunday Evening 4-28-24

Goldilocks' Comments and Global Economic News Sunday Evening 4-28-24

Good Evening Dinar Recaps,

Evidence Suggests Stablecoins Are Emerging as a Worldwide Asset Class | Globe Echo 

Stablecoin adoption is rapidly increasing, with research firm rwa.xyz reporting a 15% increase in the number of addresses holding both dollar and crypto-pegged stablecoins in 2024. Chainalysis also found that stablecoins are becoming more prominent in overall on-chain transaction activity, with increasing importance in various nations and regions.

Stablecoins, cryptocurrencies with values pegged to an external reference like the U.S. dollar, have represented over half of all on-chain transaction volume, highlighting their growing importance in the cryptocurrency market.

The adoption of stablecoins is being propelled by their ability to provide anyone with an internet connection access to the U.S. dollar, unlocking new pathways for financial inclusion. The U.S. leads in stablecoin purchases, but global demand is high, with over $40 billion purchased in March alone across diverse nations and regions.

 Stablecoins are serving as a critical bridge between traditional finance and cryptocurrency, with the stablecoin market currently valued at around $150 billion and expected to exceed $2.8 trillion by 2028.

The stablecoin market has become more competitive, with Ripple announcing plans to launch a USD-backed stablecoin on the XRP Ledger. This move is expected to generate more use cases, liquidity, and opportunities for developers, as well as provide additional crypto liquidity to service cross-border payments demand.

Stablecoins like PYUSD and Tether are being used for cross-border payments, remittances, and facilitating transactions in regions such as Latin America and the Caribbean, promoting dollar dominance and increasing access to U.S. dollars.

The growing demand for stablecoins has prompted lawmakers to focus on stablecoin legislation, with proposed regulatory frameworks aimed at maintaining the U.S. dollar’s dominance, promoting responsible innovation, protecting consumers, and combating money laundering and illicit finance. Legislation such as The Lummis-Gillibrand Payment Stablecoin Act seeks to establish a regulatory framework for payment stablecoins, requiring issuers to maintain one-to-one reserves and prohibiting unbacked, algorithmic stablecoins.

 This legislation, if passed, could accelerate institutional blockchain innovation and drive stablecoin adoption.

Despite the potential impact of stablecoin legislation on adoption, experts believe that stablecoins will continue to rise as a global asset regardless of regulations. Stablecoins provide a crucial solution for individuals in countries facing currency volatility, offering stability and facilitating commerce.

While regulations may provide more comfort for institutions using stablecoins and potentially bring banks into the stablecoin market, stablecoins have already surpassed all other types of cryptocurrencies in usage and represent over half of all transaction volume in recent months.

Overall, the adoption of stablecoins is on the rise globally, driven by their ability to provide access to the U.S. dollar, promote financial inclusion, and facilitate cross-border payments. Stablecoins are becoming increasingly important in the cryptocurrency market, with their market value expected to grow significantly in the coming years.

While stablecoin legislation may influence adoption in certain regions, experts believe that stablecoins will continue to play a crucial role in the cryptocurrency ecosystem and serve as a bridge between traditional finance and digital assets.
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How China is fueling gold’s record rally with unrelenting demand, Central Bank’s buying spree | Upstox

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Vietnam expected to become e-commerce powerhouse in Southeast Asia | Nhan Dan Online

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A SHORT STORY ABOUT TRUTH - an inspirational video | Youtube

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TRANSFORMING "E-COMMERCE with #tokenization | Twitter

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The Central Bank of Iraq's $600 Million Troubles IQD VND Rates & News | Youtube

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“Tidbits From TNT” Sunday 4-28-2024

TNT:

Tishwash:  Al-Sudani arrives in Riyadh to participate in the World Economic Forum

Prime Minister Muhammad Shiaa Al-Sudani arrived this Sunday morning in the Saudi capital, Riyadh, to participate in the World Economic Forum, at the invitation of Crown Prince Muhammad bin Salman bin Abdulaziz.

Al-Sudani will hold, according to a statement from his office, a copy of which {Al-Furat News} received, “on the sidelines of the forum, which is hosted by the Kingdom of Saudi Arabia under the slogan {International Cooperation, Growth, and Energy for Development,” a series of meetings with a number of leaders of countries, and with heads and representatives of major international companies specialized in The field of energy and digital technology.

The forum aims to support global dialogue and find solutions to common global challenges, and will witness the presence of a number of heads of state, and the broad participation of international experts and thinkers, from the governmental and private sectors, international organizations and academic institutions from 92 countries. link

Tishwash:  Al-Awadi: The World Economic Forum in Saudi Arabia is equal in importance to the Davos Forum

Government spokesman Bassem Al-Awadi explained that the World Economic Forum in Saudi Arabia is equivalent in importance to the Davos Forum in Switzerland, while stressing the importance of Prime Minister Muhammad Shiaa Al-Sudani’s expected participation in the World Economic Forum, which will be held on 28-29 in the Saudi capital, Riyadh.

Al-Awadi said in a press statement followed by Iraq Observer: “The Prime Minister’s visit to Saudi Arabia will be to attend the special meeting of the World Economic Forum that will be hosted by Riyadh, which is one of the largest forums and is equal in importance to the Davos Forum in Switzerland. The first title of this conference is international cooperation, growth and the energy sector from For development.”

He added, “More than a thousand important and influential figures will attend the forum held in Saudi Arabia, including a president, a leader, a political decision-maker, heads of major economic companies, thinkers and opinion makers in the governmental and private sectors around the world.”

He continued, “Therefore, this is a great opportunity for the Prime Minister to hold important, high-level meetings with world leaders and idea and policy makers in which Iraq’s current image, stability, and openness to investment and great investment opportunities in the country will be clarified. We are a country moving toward stability and need to know ourselves during The Prime Minister’s visits, which he spoke about in Washington, showed the true picture of Iraq in response to the blurry picture that some media outlets are trying to spread.”

He pointed out, “There is confusion about the Iraqi situation, and many believe that Iraq is unstable and the situation is chaotic, and this is contrary to reality. The true position must be clarified and correct relations with the outside must be built. Officials of brotherly and friendly countries are invited to visit Iraq to get to know its situation closely and in the true form that actually exists.” We tell them to visit Iraq from south to north and see the truth of the situation for yourselves and make sure that Iraq is stable and its doors are open to investment.”

Al-Awadi pointed out that “Iraq needs investments; To exploit its wealth, as well as to develop the industrial and agricultural sectors, to move from a rentier economy to a market economy, support the private sector, and provide more jobs in the private sector. During the Prime Minister’s visit to Washington, there was a delegation of businessmen in support of this trend.”

Regarding the relations between Baghdad and Riyadh, Al-Awadi explained, “Iraqi-Saudi relations are in continuous development and growth, and there was a leap last year under the government of Prime Minister Muhammad Shia’ al-Sudani, as trade exchange between the two countries jumped between one billion to one billion five hundred million dollars last year.” In the years before that, it was limited to $300 million or half a billion dollars.”

He stated, “We consider this leap in relations and cooperation a beginning, and the government is keen to expand commercial cooperation and other sectors to broader extents.”  link

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CandyKisses:  The Cabinet Secretariat suspends official working hours for next Wednesday

Baghdad today - Baghdad

Today, Sunday (April 28, 2024), the General Secretariat of the Council of Ministers decided to suspend official working hours next Wednesday in all ministries and institutions, coinciding with International Labor Day.

The secretariat said in a statement received by "Baghdad Today" that "it was decided to suspend official working hours on Wednesday, corresponding to May 1, 2024, in all ministries and institutions, coinciding with International Labor Day."

May 1 is International Workers' Day, an occasion in which the world's workers celebrate and demand their rights.

The story of International Labor Day began in Australia, where workers began to go out in demonstrations on April 21, 1856 to demand the limitation of 8 hours a day for work, and then demonstrations continued every year from that day in order to achieve this demand .

On May 1, 1886, more than 340,000 Americans quit work and begin a strike, and workers' protests were attacked by police forces on May 4 in Haymarket, resulting in many workers losing their lives.

In 1889, the World Workers' Congress was held, with 400 delegates attending, and a decision was made to limit 8 hours a day to work.

The Congress approved the proposal of the representative of the workers of the French city of Bordeaux Lavigen to designate May 1 as International Workers' Day, and this day began to be celebrated from 1890 to the present day.

This day has become part of the culture of all countries of the world.

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Tishwash:  Sudanese Advisor: The 2024 budget has entered into force... and there is no need to send its schedules to Parliament - urgent

 Today, Sunday (April 28, 2024), the financial and economic advisor to the Prime Minister, Mazhar Muhammad Saleh, commented on the implementation of the 2024 budget without its schedules being approved by Parliament.

Saleh said, to “Baghdad Today,” that “the experience of the tripartite public budgets approved under the Federal General Budget Law No. 13 of 2023 (the tripartite budget) has become a binding law to be applied regularly and in an annual hierarchy without interruption and in accordance with public finance applications in implementing the details of the general budget itself.”

In both its operational and investment aspects, and because the application of the three-year budget experience as a medium-term financial plan has been approved in our country for the first time, in accordance with a text contained in the amended Federal Financial Management Law No. 6 of 2019.”

He stated that “the general budget for the year 2024 has become obligatory to implement since the country entered its new fiscal year and in accordance with the laws and financial and economic data contained in the texts of Law No. 13 of 2023 mentioned above, including operational expenses and investment expenses for current and new investment projects, as long as they occur.” Within the general budget constants No. 13 above.

Saleh stressed, “The text stated in the Tripartite Budget Law that the executive authority submits tables related to expenditures, revenues, and the estimated deficit for the current fiscal year 2024 is a constitutional and supervisory context and falls within the duties of the legislative authority.

Based on the above, working with the constants of the Federal General Budget Law ( The tripartite budget does not conflict with the progress in implementing the requirements of the national development program, especially in implementing new projects whose allocations are approved within the law, and that this executive mechanism is the basis on which the tripartite budget philosophy was based, which provided legal flexibility in advancing the wheels of economic development projects without time delays and loss of time opportunities.

 Therefore, presenting the expenditure and revenue schedules for the fiscal year 2024 is a context undertaken by the legislative authority within its constitutional oversight duties to ensure the progress of implementation of the federal tripartite budget law  link

Mot: . UH OH!!!! --- Getting Payback!!!! 

Mot: ... Hoping fer a Darwin Award!!! 

News, Rumors and Opinions Sunday 4-28-2024

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 Sun. 28 April 2024

Compiled Sun. 28 April 2024 12:01 am EST by Judy Byington

Sat. 27 April Wolverine: Something monumental is brewing in Brazil’s financial corridors, a change so significant, but shrouded in clandestine maneuvers, that it seems almost surreal.

On Tues. 23 April an announcement was made on the official website of the Central Bank of Brazil about the advent of a new “international banking” system scheduled to launch on May 2, 2024.

What appears to be a routine update to banking infrastructure is, in fact, a veil for something much deeper. The complexities of these banking systems may escape the layman’s understanding, but the implications are clear: Brazil is on the verge of a banking revolution. This is a seismic change in the way global financial operations will interact with Brazilian mechanisms.

Our securities and financial transactions, which lie beyond Brazil’s borders, seem protected from this upheaval. They will continue uninterruptedly. This assurance was intended to calm nerves, but instead it raises questions. What is so transformative about this new system that other global transactions remain unchanged? Is this just a refinement of the process or are we looking at preparing for a bigger play in global financial theater?

Let’s delve deeper. A conversation that suggested an unexpected delay attributed to a possible spy infiltrating a crucial meeting. Think about it: a spy? This suggests that the risks are greater than anyone will publicly admit. Why the need for so much secrecy and intrigue unless there is a huge power play at hand?

Skye’s observation about spying inside the closed doors of the banking sector is downright ominous. It paints a vivid picture of a battlefield, where financial titans and shadowy entities face off behind the smokescreen of bureaucratic announcements.

A hearing is scheduled for the Tier4B group on Thurs. 2 May. This is a calculated move in this game of chess, a moment that could decide the fate of many. The expectation of this day is to prepare for impact.

Let’s talk about the reliability of these communications. I’m in contact with a source directly from Portugal, a source that promises unfiltered and first-hand news. This is as straightforward as it gets. The promise of “green light news” hangs over us, hinting at imminent developments that could change everything.

Consider the rapidity of the revaluation of the Kuwaiti dinar – a historical precedent that illustrates how quickly fortunes can change when conditions are right. Could Brazil’s new banking system trigger a similar event? The official narrative dismisses such possibilities, but history teaches us to look beyond the facade.

The silence of entities like the IMF and the US Treasury in the face of these imminent changes is deafening. Why the lack of confirmation or denial? Their silence could very well be an admission that something significant is on the horizon, something that could redefine power structures in global financial markets.

Now, as we approach May 2, the tension is palpable. It’s a matter of preparation. How will we respond to the changes that will come? How will the global financial community react when the full scope of Brazil’s plans becomes apparent? We must also consider the human element in this grand scheme. Carpathia’s note serves as a poignant reminder: “Believe in your dreams – never, ever give up.” This is a rallying cry for everyone caught up in these tides of change. Our dreams and our visions for the future are intertwined with these monumental shifts in power and politics.

We are on the cusp of something huge, a moment that will define the next era of global finance. The pieces are moving, the players are in position, and the game is about to change. Get ready. May 2nd is the beginning of a new battlefield

Global Financial Crisis:

China Dumps $74,000,000,000 in US Treasuries in One Year As Two BRICS Nations Say They’ve Abandoned Dollar in Mutual Trade https://dailyhodl.com/2024/04/26/china-dumps-74000000000-in-us-treasuries-in-one-year-as-two-brics-nations-say-theyve-abandoned-dollar-in-mutual-trade/

900 Bankers Dragged from Secret Meeting to GITMO – Surveillance and Swift Arrests Unleash Justice! https://gazetteller.com/insider-info-900-bankers-dragged-from-secret-meeting-to-gitmo-surveillance-and-swift-arrests-unleash-justice/

JP Morgan Chase and Bank of America suffer $4,500,000,000 in losses as unrecoverable debt soars.

Judy Note:  It’s only wise to have at least a three-week supply of food, water, cash, fuel, medicine and essential items on hand for yourself and to help others in case of a disaster.

Read full post here:  https://dinarchronicles.com/2024/04/28/restored-republic-via-a-gcr-update-as-of-april-28-2024/

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

Bruce   [via WiserNow]  Iraq is going to enter the World Trade Organization...They have qualified to become a full fledge member of the WTO on May 8th...

Walkingstick  The new exchange rate is determined by the CBI on behalf of the GOI...  

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  The new shipping cards [MasterCard], banks are giving this to all of us Iraqi citizens.  It's for buying fuel and for merchandising and stores and online shopping.  This is all on the television...obviously they're setting us up to give us a new exchange rate... FRANK:  Those that I told you to pay attention to are telling you, due to the trip to Washington DC your national currency, your dinar, will return to its price.  It will be reinstated back to what it was...

The Central Bank of Iraq's $600 Million Troubles IQD VND Rates & News

Edu Matrix:  4-27-2024

The Central Bank of Iraq's $600 Million Troubles IQD VND Rates & News - Ghost Travelers; The IMF Tax Reform for Iraq and Vietnam Opportunity for VND Investors.

 The US Gov is not amused by Iraq's latest corruption, even if it is funny. We are not yet sure of the final fallout of such a scheme.

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

Goldilocks' Comments and Global Economic News Saturday Evening 4-27-24

Goldilocks' Comments and Global Economic News Saturday Evening 4-27-24

Good Evening Dinar Recaps,

CFTC to Hold a Commission Open Meeting April 29. On April 22, Chairman Rostin Behnam announced the Commission will hold an open meeting on Monday, April 29 at 9:30 a.m. (EDT) at the CFTC’s Washington, D.C. headquarters. The Commission will consider Final Rule “Capital and Financial Reporting Requirements for Swap Dealers and Major Swap Participants” and Final Rule “Adopting Amendments to the Large Trader Reporting Rules for Futures and Options.”

👆The above meeting has been canceled, and the CFTC has decided to speed up the process in moving this through the system inside a  Commission’s seriatim process.

The Commission's seriatim process is the process by which the Commission takes collective action without convening a meeting of the Commissioners.

So, the capital and reporting requirements for swap dealers and participants along with adopting amendments to the large trader reporting rules for Futures and Options have been moved to the Final Rule.

Final Rule is the implementation phase of the legislative process, so it doesn't look like we're going to wait until May 13th for this to move into the implementation stage.  CFTC  Gibson Dunn   SEC

Yes, this is regarding our ability to exchange Foreign Currency.

© Goldilocks
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"Temenos (SIX: TEMN) today announced that National Bank of Iraq (NBI), part of the Capital Bank Group, has successfully gone live with Temenos core banking and payments."

National Bank of Iraq and Temenos have partnered together to transition the Iraqi Banks from Legacy Systems to a Unified Core Banking and Payments Platform.

Core Banking is the back-end processing of transactions including deposits, loans, and credit processing.

This integration will streamline operations and accelerate product development for customers across the Capital Bank Group. The Capital Bank Group globally connects Iraqi banking systems.

Temenos digital products are adaptable and scalable that will allow them to work inside an Open Banking System. This new upgrade will allow Iraq to trade with Global Financial Institutions around the world.   Fintech Global   HCL Tech    Temenos

© Goldilocks
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When Gold & Commodities Explode, Currencies Implode w/ Bill Holter | Youtube

When gold and other commodities explode to the upside, currencies begin to collapse within themselves.

This is when credit valuations begin to be measured and implemented based on new price patterns developing on the market. It is a result of old calculations and correlations falling apart.

Here, we will see currency interventions take place after the de-dollarization process provides a bridge to the new digital gold standard economy.

© Goldilocks
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The Federal Deposit Insurance Corporation on Friday said that Republic First Bank has been closed by Pennsylvania state regulators, in what the FDIC said was the first US bank failure this year. | CNN

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Air Zimbabwe Embraces ZiG Currency | Pindula

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House and Senate race to approve stablecoin legislation as interest rises | Kitco   

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Chinese Investment Gold Demand Soars - Numismatic News

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HKMA Proposes Revisions to E-banking Risk Management Requirements | РИСК-АКАДЕМИЯ - АНО ДПО ИСАР |  Regulation Asia

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WASHINGTON — The G7 Cyber Expert Group completed a cross-border coordination exercise on 17 April 2024. G7 authorities routinely exercise to ensure they can effectively coordinate and communicate their response in the event of a widespread cyber incident affecting the financial system. | Treasury Press Release

👆  Goldilocks pointed to this article
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Spot Crypto ETFs Set To Begin Trading in Hong Kong Next Week: Report | Daily Hodl

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4/27/2024 MissiOkie's husband Charlie passed. He was in peace and so is MissiOkie. Please pray for MissiOkie and the family. God Bless

MissiOkie is the Seeds of Wisdom Team Coordinator!
Seeds of Wisdom Team Prayer Room Link 

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Basel Committee on Banking Supervision Announcement:

"BCBS will also publish new proposed guidelines for banks in the coming week on counterparty credit risk management."   Capital

😔 More on this tomorrow...

© Goldilocks
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The IMF's Warning to the United States- How US Overspending Affects Gold & Crypto  | Youtube

👆 Do you see how inflation is pushing people like you and me into gold and crypto adoption?

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👆 more on this tomorrow ...

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Taxing Unrealized Gains Would Obliterate The U.S. Economy | ZeroHedge

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Franklin Templeton launches Ethereum ETF, listed on DTCC | CoinTelegraph

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DTCC rules out collateral for Bitcoin-linked ETFs | CoinTelegraph

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Economist’s “News and Views” Saturday 4-27-2024

PROOF The U.S. Economy In Worse Shape Than We’ve Been Told

Atlantis Report:  4-26-2024

In a country that prides itself on openness and responsibility, a concerning reality has emerged: the actual state of the U.S. economy may be significantly worse than what official reports suggest.

Recent reports have raised concerns about the nation's financial stability. These reports have challenged the optimistic projections and cautious hope that have been dominant.

The warning signs are increasing and point toward an economy that could be on the edge of a crisis. This crisis could have far-reaching implications for both households and businesses.

 Among the concerns are stagnant wage growth and skyrocketing consumer debt. With the November elections approaching, these reports have raised red flags and have severe economic implications.

https://www.youtube.com/watch?v=2tpupoj3O-k

Start Of Financial Crisis? Former FDIC Chief: Banks Are Still ‘Vulnerable’ | Thomas Hoenig

David Lin:  4-27-2024

Thomas Hoenig, former President of the Kansas City Fed (1991-2011), former Vice Chairman of the FDIC (2012-2018), and currently the Distinguished Senior Fellow at the Mercatus Center, says that the banking system is still "vulnerable".

 Two days after the filming of this interview, regulators closed Philadelphia-based Republic First Bank on April 26.

 Hoenig also discusses his outlook on the economy, inflation, and monetary policy.

 *This video was recorded on April 24, 2024

1:30 - Banking sector still 'vulnerable'

12:30 - Bank run and financial collapse

14:50 - FDIC and cryptocurrency

18:05 - Inflation outlook

 22:54 - Fed cuts this year?

24:10 - Why have a 2% inflation target?

 28:39 - QE and inflation

29:54 - Fed policy and other central banks

31:50 - QT and asset prices

32:47 - Fed's forward guidance

 36:00 - How Fed decisions are made

 37:00 - Politics and the Fed

37:34 - Fed's performance in 2024

https://www.youtube.com/watch?v=MlvquE9Oexc

ALERT! Bank Failures Begin & as FDIC Hiding 1,000's of Insolvent Banks! GOT SILVER?!

(Bix Weir)  4-27-2024

The flood gates are open for the 2024 Global Banking Collapse! Republic First Bank just went belly up and the FDIC organized another stealth uninsured depositor bailout costing the Deposit Insurance Fund $667M.

There are Thousands of more banks in line to be shutdown before the end of the year so make sure you are OUT OF THE BANKING SYSTEM!

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

More News, Rumors and Opinions Saturday Afternoon 4-27-2024

TNT:

Tishwash:  Sudanese at the Labor Conference: The development path is the first of its kind and will provide great opportunities

Prime Minister Muhammad Shiaa Al-Sudani said today, Saturday, during a speech he delivered at the opening of the Arab Labor Conference in Baghdad, that the development road project is the first of its kind and will provide great opportunities for work through the industries that will take place in the areas through which it will pass.

The text of Sudanese’s speech:

Everyone anticipated congratulations to the workers of the world on their holiday, the first of May, wishing them and their trade union and labor organizations further progress and prosperity.

The world is witnessing crises whose impact has been reflected on the global economy and the social, psychological and economic situation of the peoples of the Arab Organization, and has negatively affected labor productivity.

The Arab Action Conference held in Baghdad bears additional responsibilities beyond those that previous conferences used to discuss.

It is necessary to work to improve the performance of labor market institutions and elements, and to build a qualitative relationship between educational outcomes and labor market needs.

Women must be attracted to work as a productive force that cannot be stopped, and child labor must be limited.

We stress the importance of adopting new production methods, raising the level of workers and institutions, creativity, innovation, and cooperation with modern technology.

Our current government has launched many strategies and initiatives that will improve the reality of work and workers.

We launched the “National Strategy to Reduce and Prevent Inequalities in the World of Work for 2024-2028” in cooperation with the International Labor Organization.

We launched employment and development initiatives for various categories, foremost of which is the “Riyada” initiative, to qualify young people and introduce them to the labor market.

The youth group represents 60% of our society, and is the backbone of the labor movement.

We established the Iraq Fund for Development with huge capital in order to create an investment environment that provides thousands of job opportunities.

The success of the Baghdad conference depends on the seriousness of the participation of the organizations of the three production parties and on social dialogue.

The government is working on drawing future visions regarding new economic sectors, such as the green economy, the digital economy, the knowledge economy, and the blue economy, that is, water bodies, rivers, and others.

We look forward to building modern business institutions; To achieve a qualitative leap in performance, legislation, oversight and occupational safety in a manner consistent with the goals of sustainable development.

Integration between Arab countries can provide a labor market that accommodates all those capable of working.

We launched the development road project, which will provide many job opportunities, through the industries that will be localized in the areas it passes through.   link

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

Deepwoodz  Article: "Governmental and private banks will showcase their services tomorrow during Financial Inclusion Week" They’ve used this term many times but now we have a financial inclusion week?!  Nice.  We all know the only way to be completely inclusive is to change the rate. It’s also the only way to eliminate the parallel market...The rate is the icing on the completed cake of the MR.

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  TV says the Iraqi banks now have an advanced Swift system for high cash profit handling. FRANK:  That's really good because you didn't have that before because you didn't have any high value to your currency.  But now you're about to explode it...It's not like you have to read between the lines, just read the lines...

PREPARE NOW for What Comes Next with the U.S. Economy:

Sachs Realty:  4-27-2024

The Federal Reserve will struggle to make the right choice and even then, it won't matter.

Economic reset may be the only option for the U.S. Economy.

https://www.youtube.com/watch?v=374ded8sFw4

MASSIVE Tax HIKES are Coming in 2025 | Biden Budget Proposal Calls for Multiple Tax Hikes

Lena Petrova:  4-26-2024

https://www.youtube.com/watch?v=T_KucPTuxm0

“Tidbits From TNT” Saturday 4-27-2024

TNT:

Tishwash:  In the presence of Nechirvan Barzani and Al-Sudani... the State Administration Coalition holds an “important” meeting

 The State Administration Coalition is scheduled to hold an “important” meeting this evening, Saturday, in the presence of the President of the Kurdistan Region, Nechirvan Barzani, and the Prime Minister of the Federal Council, Muhammad Shia al-Sudani.

An informed political source told Shafaq News Agency that the meeting will include discussing a number of political and security files.

Last Wednesday, Kurdistan Regional Presidency spokesman Dilshad Shihab said that the region's president, Nechirvan Barzani, will visit Baghdad soon to attend a regular meeting of the state administration coalition.

At the beginning of this April, the President of the Iraqi Kurdistan Region made a visit to the capital, Baghdad, during which he met with the President of the Republic of Iraq, Abdul Latif Rashid, and the Prime Minister of the Iraqi Federal Prime Minister, Muhammad Shia al-Sudani, and participated in the meeting of the State Administration Coalition and the Coordination Framework.

During his last visit, President Nechirvan Barzani discussed ways to solve the problems of Erbil and Baghdad, the political situation in Iraq and the Kurdistan Region, and a group of other issues.   link

Tishwash:  Governmental and private banks will showcase their services during Financial Inclusion Week

Governmental and private banks are preparing to participate tomorrow, Saturday, in Financial Inclusion Week.

The electronic payment systems will review banking services for citizens, including advances and loans, and introduce them to the products offered by these banks in a step to enhance financial inclusion.  link

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Tishwash: The Association of Private Banks appreciates the efforts of the government and the Central Bank to create understandings with the Treasury, the Federal Reserve, and international banks

The head of the Iraqi Private Banks Association, Wadih Al-Handal, participated in the Arab Economic Security Forum, which was organized by the Union of Arab Banks in Beirut. 

Al-Handal stressed that the forum is being held in complex circumstances and geopolitical changes taking place in the region, and the Arab banking sector has begun to be affected, starting with the State of Iraq, adding that Iraq is still facing major challenges, at various economic levels, including depriving the Iraqi private banking sector of using the dollar, which It has exceeded half of the number of banks operating inside the country, which is a very dangerous indicator, despite the efforts of Iraqi governmental and private institutions to comply with local and international anti-money laundering and terrorist financing laws, but for the first time we are witnessing a clear targeting of the sector, which has begun to affect banking services inside the country, undermine citizen confidence, and hinder... From expanding the proportion of financial inclusion.

He added that these challenges facing the banking sector reaffirm the prominent role played by the Union of Arab Banks, international organizations and Arab banks in coordinating positions and confronting dangers together, noting that our meeting represents an opportunity to cooperate and agree on an action roadmap for the future. Targeting the Iraqi banking sector will not stop within its borders, and may expand at any moment to other countries in light of the regional turmoil.

Al-Handal pointed out that the Association of Private Banks is working with the Iraqi government, the Central Bank, and some local and international institutions, to save the banking sector, and return banks deprived of dealing in dollars to their activities, but this is not enough, but rather requires continuing cooperation with the Arab and foreign banking sector, because the stage of integrating the sector The Iraqi banker with his Arab counterpart must begin quickly, and we are taking great strides in this direction, especially since the Prime Minister, Engineer Muhammad Shiaa Al-Sudani, held dialogues in Washington with the American President and other government officials, who announced in a joint statement the possibility of a group of Iraqi banks returning to dealing. in dollars and support the private banking sector.

Al-Handal appreciated the efforts of the Iraqi government and the Central Bank of Iraq to create deeper understandings with international banks, the Federal Reserve, and the US Treasury to expand the integration of the Iraqi banking sector into the global financial system, in addition to supporting the Iraqi dinar, which led to a gradual rise in its value.

He pointed out that Iraq is witnessing great development in the transition to electronic government and the adoption of electronic payment, and this is what leads to the growth of the digital economy, especially since there is a trend within the country to increase the number of electronic banks, to keep pace with technological development and increase performance. link

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Tishwash:  Association of Banks: Iraq is witnessing great development in the transition to electronic government

The Iraqi Private Banks Association confirmed today, Friday, that Iraq is witnessing great development in the transition to electronic government, and while it indicated that government support for the Iraqi dinar led to a gradual increase in its value, it revealed a trend to increase the number of electronic banks to keep pace with technological development and increase performance. .

The president of the association, Wadih Al-Handal, told the Iraqi News Agency (INA) that he “participated in the Arab Economic Security Forum organized by the Union of Arab Banks in Beirut,” pointing out that “the forum is being held in complex circumstances and geopolitical changes taking place in the region, and the banking sector has begun to be affected.” Arab, starting with the State of Iraq.

He added, "Iraq is still facing major challenges at various economic levels, including depriving the Iraqi private banking sector of using the dollar, which has exceeded half the number of banks operating inside the country, which is a very dangerous indicator, despite the efforts of Iraqi governmental and private institutions to comply with laws against money laundering and terrorist financing." Local and international, but for the first time we are witnessing a clear targeting of the sector, which has begun to affect banking services within the country, undermine citizen confidence, and hinder the expansion of financial inclusion.”

He pointed out that "these challenges facing the banking sector reaffirm the prominent role played by the Union of Arab Banks, international organizations and Arab banks in coordinating positions and confronting dangers together," noting that "our meeting represents an opportunity to cooperate and agree on an action roadmap for the future." “The targeting of the Iraqi banking sector will not stop within its borders, and may expand at any moment to other countries in light of the regional turmoil.”

He pointed out that "the Association of Private Banks is working with the Iraqi government, the Central Bank, and some local and international institutions, to save the banking sector and return banks deprived of dealing in dollars to their activities, but this is not enough. Rather, it requires continuing cooperation with the Arab and foreign banking sector, because the stage of merging the banking sector The Iraqi government and its Arab counterpart must begin quickly, and we are taking great steps in this direction, especially since Prime Minister Muhammad Shiaa al-Sudani held dialogues in Washington with the American president and other government officials, who announced in a joint statement the possibility of a group of Iraqi banks returning to dealing in dollars and supporting...

The private banking sector.Al-Handal praised "the efforts of the Iraqi government and the Central Bank of Iraq to create deeper understandings with international banks, the Federal Reserve, and the US Treasury to expand the integration of the Iraqi banking sector into the global financial system, in addition to supporting the Iraqi dinar, which led to a gradual rise in its value."

He continued, "Iraq is witnessing a great development in the transition to electronic government and the adoption of electronic payment, and this is what leads to the growth of the digital economy, especially since there is a trend within the country to increase the number of electronic banks, to keep pace with technological development and increase performance." link

Wellllllllllllllllll - Finally We Knows WHY!!!! 

Mot: . Might as well have fun. 

News, Rumors and Opinions Saturday 4-27-2024

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 Sat. 27 April 2024

Compiled Sat. 27 April 2024 12:01 am EST by Judy Byington

Global Currency Reset:  (RUMORS(

The Iraqi Dinar was the Kingpin that would launch the Global Currency Reset of 209 countries. “The Governor of the Central Bank of Iraq has told the citizens to prepare for a currency exchange. The citizens of Kurdistan are expecting this by Sat. 27 April.” …TNT Tony

Fri. 26 April : “A banker was advised to have his appointment/exchange personnel available on Sunday the 28th just in case they decide to activate the rate increase so appointments can be scheduled.”

On Fri. 26 April The National Bank of Iraq Went Live with Core Banking and Payments: https://www.temenos.com/news/2024/04/25/national-bank-of-iraq-goes-live-with-temenos-core-banking-and-payments/

Thurs. 25 April Bruce: A Redemption Staff Leader said that the staff was going in Fri. 26 April to be there for the 800 numbers to come out for Tier4b (us, the Internet Group), with exchange appointments to begin on Sat. 27 April. A Bond Paymaster said that starting Sat. 27 April Kurdistan and the rest of Iraq will have a new Dinar Currency Rate. Tier4b has to be going before Sun. 28 April. On May 8 Iraq will be part of the World Trade Organization.

GCR Recent History:  (RUMORS)

On Mon. 22 April the Iraqi Prime Minister turned over the Dinar revaluation to head of the CBI, which provided the new Iraqi Dinar Rate to the IMF, which provided it to the Forex, which had 72 hours to begin trading it on the bank back screens.

Bond Holders have begun to be paid out and made liquid. After 30% of Bond Holders have been paid out, Tier4b (us, the Internet Group) will be notified to set appointments for exchanges.

Redemption Centers and Banks have the new rates on their screens awaiting authorization to begin processing exchanges.

On Thurs. 9 May Iraq would be considered to be a part of the World Trade Organization.

Global Financial Crisis:

Fri. 26 April Former Federal Reserve chairman, Alan Greenspan: “The U.S. can pay any debt it has because we can always print money to do that.” Did you get that? Begs the comments: “Why do we pay taxes if they can just print money?” And “A system built on debt is a castle built on sand. Eventually, the tide comes in.”

Fri. 26 April Philadelphia-based Republic First Bank has been seized by regulators, says the FDIC. In a surprising turn of events, Philadelphia-based Republic First Bank has become the latest casualty in a string of bank failures that have shaken the financial sector since last spring.

The bank, with $6 billion in assets, was seized by regulators due to challenges stemming from the current high-interest rate environment, marking it as the first bank failure of the year.

This event has once again raised concerns about the stability of the banking sector and the potential impact on the global economy.

Read full post here:  https://dinarchronicles.com/2024/04/27/restored-republic-via-a-gcr-update-as-of-april-27-2024/

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

Bruce   [via WiserNow]  I heard from one of our Iraqi sources today...and he said that starting Saturday, Iraq...will have an all new currency on Saturday...new Iraqi dinar and it's going to have an all new rate Saturday...Now, I don't know if they're gonna put their rate internationally on Saturday. They might...I can only tell you that this is looking very good for us.

Nader From The Mid East  Today I was watching the news.  I was watching Sudani in the street and it got me all excited.  Got me happy.  It's been a while we didn't see a leader who cares about the people, who cares about the country...He was walking in the street at least for 2 hours...It's great to see that.  He give confidence.  It gives hope.  I hope he continues like that...It's amazing what's going on in Iraq.  I love it.

All Assets (In The System) Will Be Stolen | Bill Holter

Liberty and finance:  4-26-2024

Bill Holter joins us to discuss what could happen in a worst case economic scenario.

 Assets remaining within the financial system are at risk, he says, and can legally be stolen to bailout (or bail-in) financial institutions.

FDIC insurance means little, he notes, given that by the time depositors would receive their insured funds, the Dollar could be worthless.

 While many people are wary of investing in gold at these all-time high nominal prices, Holter says precious metals still provide insurance against financial chaos.

 In addition, he argues the bull market in gold and silver is just getting started.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Too late to buy gold?

 5:45 The Great Taking

14:30 Debt crisis

21:00 Gold & silver update

https://www.youtube.com/watch?v=aZ7binuEhmw