“Tidbits From TNT” Wednesday 6-26-2024
TNT:
Tishwash: Parliamentary Law: Laws awaiting legislation in the next legislative term
Today, Wednesday, the Parliamentary Legal Committee revealed the laws that could be enacted during the next legislative term, while confirming that the drug and drug laws are at the top of these laws.
Committee member Raed al-Maliki told the Maalouma Agency, “There are many important laws waiting to be passed during the next legislative term, most notably the drug, landlord, and intelligence laws.”
He pointed out that "service and economic laws will see the light of day, noting that there are some proposals submitted by representatives that will be included on the Council's agenda during the next legislative term."
He continued, “There is a desire to pass the service and retirement law for members of the Popular Mobilization Forces, in addition to amending the Personal Status Law.” link
TNT:
Tishwash: Parliamentary Law: Laws awaiting legislation in the next legislative term
Today, Wednesday, the Parliamentary Legal Committee revealed the laws that could be enacted during the next legislative term, while confirming that the drug and drug laws are at the top of these laws.
Committee member Raed al-Maliki told the Maalouma Agency, “There are many important laws waiting to be passed during the next legislative term, most notably the drug, landlord, and intelligence laws.”
He pointed out that "service and economic laws will see the light of day, noting that there are some proposals submitted by representatives that will be included on the Council's agenda during the next legislative term."
He continued, “There is a desire to pass the service and retirement law for members of the Popular Mobilization Forces, in addition to amending the Personal Status Law.” link
Tishwash: Southern anger escalates... protests and closure of government headquarters
Several Iraqi governorates witnessed, on Wednesday morning, demonstrations demanding the provision of basic services, including water and electricity.
In a new escalation of protests in Dhi Qar Governorate, demonstrators closed the governorate’s office building and its council, until demands were met, according to video scenes obtained by Shafaq News Agency.
As for Babylon, dozens of residents of the Khamisiyah and Al-Ghazali areas demonstrated in front of the Babylon Governorate Office, to demand the provision of water to their areas, which suffer from unprecedented scarcity.
The water crisis forced residents to abandon their areas and the agricultural and livestock wealth in the most important agricultural areas south of Babil Governorate was completely destroyed.
The capital, Baghdad, woke up to the launch of two demanding demonstrations in Tahrir Square and in front of the Provincial Council building.
According to Shafaq News Agency correspondent, dozens of “whose appointments were canceled and those fleeing from the Ministry of Defense” gathered in Tahrir Square, to demand their return to service.
In a second demonstration, dozens of educators and administrators gathered near the Baghdad Provincial Council, to demand the issuance of an appointment order for them.
Iraq has been suffering from a chronic electricity shortage for decades, as a result of the siege and successive wars, and residents have been protesting for many years the frequent power outages, especially during the summer, when temperatures sometimes exceed the 50 degree Celsius barrier. link
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CandyKisses: Al-Amiri calls for the removal of foreign forces from Iraq
Baghdad - Iraq Today:
The head of the Nabnani Alliance, Hadi Al-Amiri, during his meeting with French Ambassador Patrick Dorrell, stressed the need for the international coalition forces to leave Iraq.
A statement by the media office of the head of the Nabnani Alliance said that "Amiri received Dorrell, and the meeting discussed many files, most notably the development of relations between the two countries in all fields, especially the economic aspect, especially after the improvement of the security situation and stability, which encourages French companies and their arrival to work and invest in Iraq."
According to the statement, the two sides also discussed the file of the presence of the international coalition, and Al-Amiri stressed the need for all its forces to leave Iraq to achieve full national sovereignty. The meeting also discussed the aggression on Gaza, and Amiri stressed the need to stop Western support for the Zionist massacres and the war of extermination of the Palestinian people.
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Tishwash: A representative points out 7 controversial points that stand before the legislation of the oil and gas law
Member of the Parliamentary Oil and Gas Committee, Representative Ali Al-Mashkoor, confirmed on Tuesday that seven points of contention between the region and the center stand before the legislation of the oil and gas law, indicating that the seven points are administrative and technical.
Al-Mashkoor said in a statement to the Maalouma Agency, “The dialogues between the center and the region regarding agreement on the oil and gas law are still continuing between the technical and administrative committees to discuss the paragraphs of the law proposed by both sides.” “
He added, "The disputed legal materials are summarized in seven points and are distributed between administrative and technical, the most prominent of which is the region's demand to include a clause in which the right of objection (veto) on decisions should be in a small percentage, and this matter is unacceptable by the center.”
Al-Mashkoor pointed out that “no decision can be issued except in the interest of the region at the expense of the general interest of the country.” link
Mot: .. and Then I ~~~~~~
Mot: .. Bummer -- I Do!!!
News, Rumors and Opinions Wednesday 6-26-2024
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 Wed. 26 June 2024
Compiled Wed. 26 June 2024 12:01 am EST by Judy Byington
Mon. 24 June 2024: The Federal Reserve has been hacked and over 33 TB of data is now missing!
Global Currency Reset: (Rumors and Opinions)
Tues. 25 June 2024 Wolverine: What I have been told by my Brazil contact:
Payments have started, some are getting paid, and they are all under NDA.
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 Wed. 26 June 2024
Compiled Wed. 26 June 2024 12:01 am EST by Judy Byington
Mon. 24 June 2024: The Federal Reserve has been hacked and over 33 TB of data is now missing!
Global Currency Reset: (Rumors and Opinions)
Tues. 25 June 2024 Wolverine: What I have been told by my Brazil contact:
Payments have started, some are getting paid, and they are all under NDA.
Wolverine cont…..There is a platform paying by crypto and they are about to kick off I think it is “oxygen” (extra dollars so they can de-stress). That is what I am hearing. That is definitely 100% happening for them to be paid on that platform.
Another source says it is going to be this week.
They are adamant, but some say right after Thurs. 4 July.
Many of you cannot wait any longer as you are hanging on by a thread. Let us all pray to God that we will have the green light to move forward with our lives.
I am praying that by tomorrow we will get news from Reno and I will get that miracle call I am waiting for. Take Care, Wolverine
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Tues. 25 June 2024 TNT: “Every single source says it’s done and we await the go signal. So we wait. Sunday is celebration day.”
Tues. 25 June 2024 MarkZ: I am getting inundated with bank contacts telling me to expect that things have already started …but coming to fruition in banks after the 4th of July. With a rollout in the days immediately following. I believe the 4th is on a Thursday this year… so I was told the roll out around the 6th and 7th. That is the rumor. Remember, we don’t know the timing. I am sure getting a heck of a lot from the banking side that things are now moving quickly and that is what they are preparing them for.
Read full post here: https://dinarchronicles.com/2024/06/26/restored-republic-via-a-gcr-update-as-of-june-26-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick You can stop asking question about the budget. It's all there. Concerning the tripartite budget, everything...all the projects...cities, new exchange rate, lower notes, ATM machines, contracts, everything, it is all there...It is a fact...The GOI has the budget and they have they new exchange rate from the CBI.
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on television saying the third strategy phase that we're in right now with the CBI...is a new methodology that will enhance Iraqi financial and banking reform which will make the bank stronger locally and internationally. FRANK: It's the new exchange rate and the lower notes...I believe the words Sudani is using with the CBI are words that tell the citizens there is a new exchange rate in the budget without saying those words directly...
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TNT:
MP calls for investment on Friday and Saturday in reconstruction and construction due to the large number of holidays
Baghdad - Iraq Today:
Member of the House of Representatives Thaer Al-Shuwaili said that Friday and Saturday should be invested for the reconstruction of the country, while he was indignant at the large number of holidays announced by the government from time to time.
Member of Parliament Thaer al-Shuwaili said, "The frequent disruptions affect the administrative system in general and not only the Iraqi economy, as Iraq is today going through a stage of construction and reconstruction, and Alan has begun to recover from the effects of wars and neglect."
He noted that "Friday and Saturday are supposed to be invested in construction for advanced stages." "There are many occasions and days that deserve to be declared official holidays, especially on important occasions," he said.
"All Iraqis are affected by the disruption, especially those groups who are sustenance on a daily basis, especially at this stage that accompanies the high cost of living," al-Shuwaili said. He pointed out that "most citizens are happy to announce official holidays in the country, and this situation is not true."
He stressed that "time is very important, as the phenomenon of frequent holidays we see only in Iraq, as citizens in the global system outside Iraq have a capitalist ideology to invest time to build their country."
He warned that "official working hours are suspended when temperatures rise in the country, and this is not in the interest of Iraq and its economy, and even at the level of social networking sites, we may find that the public can by pressuring local governments in each province to disrupt the official working hours, and the governor's opinion is moved through their demands."
He continues, "There must be a vision and a study of the extent to which these holidays affect the country, its economy and its systems, so at least working hours in departments and institutions must be compensated when official working hours are suspended."
US Economy on the verge of collapse: The Rise and Fall of the Empire
Fastepo: 6-26-2024
The United States has long been recognized as an economic superpower and a global leader. However, this dominant position has faced significant challenges in recent years, particularly due to the rapid economic growth of China.
In this video, we will explore the historical trajectory of the U.S. economy, examining how it evolved from a leading global economy through various challenges to its current state, where it grapples with a national debt crisis and the trend of de-dollarization.
We will trace the ups and downs of the U.S. economy, from its post-World War II boom to the economic turmoil of the 1970s, the technological advancements and economic growth of the 1990s, and the significant setbacks during the 2008 financial crisis.
We will also delve into the recent impacts of the COVID-19 pandemic, which caused a severe economic contraction and led to unprecedented government stimulus measures.
Today, the U.S. faces a mounting national debt, which has surpassed $31 trillion, and increasing calls for de-dollarization from emerging economic powers. These issues pose substantial risks to the U.S.'s economic stability and its position in the global financial system.
Global Economic News from the Seeds of Wisdom Team Newshounds Wednesday AM 6-26-24
Global Economic News from the Seeds of Wisdom Team Newshounds Wednesday AM 6-26-24
Good Morning Dinar Recaps,
Why the French and UK elections matter for investors As two of Europe’s three largest economies head to the polls, what are markets telling us about the political landscape? Goldman Sachs Research’s Sharon Bell and George Cole explain how France’s looming parliamentary elections are affecting French stocks and bonds, while UK financial markets have been relatively stable ahead of the country’s general election.
Global Economic News from the Seeds of Wisdom Team Newshounds Wednesday AM 6-26-24
Good Morning Dinar Recaps,
Why the French and UK elections matter for investors
As two of Europe’s three largest economies head to the polls, what are markets telling us about the political landscape? Goldman Sachs Research’s Sharon Bell and George Cole explain how France’s looming parliamentary elections are affecting French stocks and bonds, while UK financial markets have been relatively stable ahead of the country’s general election.
Read more: Goldman Sachs
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China’s currency is not as influential as once imagined
Its share of international reserves has stalled
Chinese officials seem pleased with the yuan’s recent progress as a global currency. The international monetary system is diversifying at an accelerating pace, said Pan Gongsheng, the governor of China’s central bank, in March. The yuan has become the fourth-most active currency in global payments, he noted. In trade finance, it now ranks third. And according to the central bank’s data, about half of China’s transactions with the rest of the world (for financial assets, as well as goods) are now settled in yuan.
Read more: Economist
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India digital currency transactions slump after reaching initial c.bank target, sources say
Usage of India's digital currency, the e-rupee, has slumped to just a tenth of the peak hit in December, four sources said, reflecting the struggles several countries have experienced in trying to generate public support for digital currencies.
The achievement came only after banks were asked to push up transactions by offering incentives to retail users and disbursing a portion of bank employees' salaries using the e-rupee.
But now that the push has diminished, daily transaction numbers have fallen to about 100,000, said two of the sources, who are directly involved in the pilot.
This shows there is little organic demand to use the e-rupee, said a third source, a banker involved in the project.
Read more: Reuters
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Fed’s Bowman ready to hike interest rates again if inflation disappoints
A rate-setter at the US Federal Reserve raised the possibility that interest rates could be raised even higher if progress on defeating inflation was not maintained.
At an event in London, Michelle Bowman, a rate-setter at the Fed, said she was “willing to raise” interest rates again “should progress on inflation stall or even reverse”.
Read more: City AM
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Central Banks Urged to Adapt Rapidly to AI Advances, Says BIS Report
The Bank for International Settlements (BIS) has emphasized the urgent need for central banks to elevate their efforts in addressing the transformative impacts of artificial intelligence on global economies and financial systems. This comes from a detailed report published by BIS, highlighting the rapid advancements and potential disruptions brought about by generative AI technologies, such as large language models like ChatGPT.
The report, from the Financial Times, underscores the awareness among global financial authorities about the necessity to keep pace with the innovations driven by AI. According to the BIS, which provides banking services to central banks worldwide, AI is poised to be a “game changer” across various activities, significantly influencing the broader economy and financial landscape.
Read more: PYMNTS
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News, Rumors and Opinions Tuesday PM 6-25-2024
TNT:
Tishwash: In preparation for the American withdrawal.. Iraq allocates billions to secure its airspace and develop its weapons capabilities
Iraq is seeking to build its military system by purchasing new weapons from several countries, including European and Asian countries, as well as Russia, especially in the field of air defense and radars, while specialists indicate that the number of combat aircraft is insufficient to secure the airspace and carry out strikes against hostile targets, especially since the country It owns large areas of desert.
Iraq began sending technical and military committees to several countries to contract for the purchase of anti-aircraft weapons, which indicates a desire to complete the construction of its air system to enhance the security of its skies and prepare for a future American withdrawal, as Iraq currently possesses 95 combat aircraft of American, Russian, South Korean and Czech origins.
TNT:
Tishwash: In preparation for the American withdrawal.. Iraq allocates billions to secure its airspace and develop its weapons capabilities
Iraq is seeking to build its military system by purchasing new weapons from several countries, including European and Asian countries, as well as Russia, especially in the field of air defense and radars, while specialists indicate that the number of combat aircraft is insufficient to secure the airspace and carry out strikes against hostile targets, especially since the country It owns large areas of desert.
Iraq began sending technical and military committees to several countries to contract for the purchase of anti-aircraft weapons, which indicates a desire to complete the construction of its air system to enhance the security of its skies and prepare for a future American withdrawal, as Iraq currently possesses 95 combat aircraft of American, Russian, South Korean and Czech origins.
Prime Minister Muhammad Shiaa Al-Sudani announced the allocation of five trillion dinars ($3.826 billion), including three trillion ($2.295 billion) in the current year’s budget to enhance weapons capabilities and develop the armament of Iraqi forces of all types.
Although Iraq has a number of combat aircraft fleets, it is still considering purchasing new aircraft, especially the French “Rafale” aircraft, as it seems that Iraq is interested in developing its air capabilities and strengthening its military relations with the French side through signing a contract with the “Thales” company. France in July 2022 to provide it with advanced “long-range” GM400 radars as part of a federal government effort to strengthen Iraq’s air sovereignty, a number of which were installed in parts of Iraq.
Iraq seeks to strengthen this relationship with new arms contracts, including the purchase of advanced Rafale aircraft to enhance its military capabilities and impose its sovereignty.
Iraq currently has 95 combat aircraft of American, Russian, South Korean and Czech origin, all of which were contracted by the country after 2003. However, according to specialists, this number is insufficient to secure Iraqi airspace and carry out strikes against hostile targets, especially since the country owns large areas of desert.
Technical and military committees
According to a statement by the spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, last March, Iraq is determined to complete the radar system in general, while announcing the sending of technical and military committees to several countries to contract for the purchase of anti-aircraft weapons, which indicates Iraq’s desire to complete the construction of its system.
Air Force forces to enhance the security of its skies and prepare for a future American withdrawal. However, experts in the security and military field believe that the needs of the security forces are vast and require huge sums of money, and that the amounts allocated are not sufficient.
Rafale aircraft
Security and strategic specialist Maan Al-Jubouri explains that the budget set by the Iraqi government is insufficient and does not meet Iraq's military needs, while he stressed the need to pay attention to purchasing French "Rafale" aircraft.
Al-Jubouri said, “Iraq’s need is very great, especially with regard to air defenses, as it is not possible to control and protect the skies of any country without having high capabilities for air defenses that remove the danger of attacks on the country,” noting that air defenses are concerned with protecting land and aircraft.
The military that carries out its military tasks, whether fighting terrorism or defending borders. He stressed the need for Iraq to have a capable air defense that includes a surface-to-air missile system and a radar system, which will therefore form a strategic cover for Iraqi territory, stressing the need for Iraq to acquire large, modern radars that cover a wide geographical area of Iraqi skies, thus monitoring any movement from any region inside Iraq. .
Radars and drones
He pointed out the importance of radars to completely cover Iraqi space in all aspects, and to prevent any breach that the enemy might exploit, and this is one of the important foundations. He called for bringing drones and advanced technological equipment such as night goggles, surveillance towers, and thermal cameras, as well as electronic devices, and these are the priorities of any force. Military.
He called for contracting modern aircraft such as the Rafale, considering that it is a capable aircraft with very high specifications, and therefore we can invest in its potential, explaining that concluding such a deal will strengthen the Iraqi air force and the operations carried out by the armed forces, especially since Iraq has pilots.
They have high experience and must be trained on these aircraft, as is the case with the F-16 aircraft. This is important in diversifying the sources of armament and not relying on one country. link
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 My teams and I are looking for more...for the budget, anything about it. I'm looking for the HCL...speaker of the house to be selected...pictures and videos to be released. I'm looking for more than the soldiers/CBI representatives at the ATM machines with more explanation about them and what's in them. I'm looking for the lower notes...new exchange rate. That's what we're looking for...and I hope you are too.
Mnt Goat ...I was told [by CBI contact] that NO insider, backdoor, international trading or otherwise was being conducted on the Iraqi dinar. If you hear rumors of otherwise it is all lies. Investors can come to the ISX and purchased Iraqi dinar at the “official CBI rate”. There is not yet the availability to trade on FOREX or any of the other foreign exchanges... Investors really can’t do much with the dinar at this time as in the west there are still US Treasury sanctions effective on the currency...
HD -Currency Status IQD VND BRICS & Gold Exchange Rates
Edu Matrix : 6-25-2024
Currency Status IQD VND BRICS & Gold Prices Up - BRICS is expected to present new currency info at the Summit in October.
IQD is an exotic currency. Currency News; Iraq: Iraqi Dinar, Vietnam Dong, ZiG Currency, Haiti's Currency, Gold, and BRICS Currency Plans.
How Long Will The US Dollar Remain Global Currency According To HSBC Predicts?
Geopolitical Analyst: 6-25-2024
It is certainly not new the Brics has been on the trail of drifting from the dollar and this seems to be getting even fiercer with more and more countries being encouraged to trade in local currencies especially after their last summit which took place last August in Johannesburg, South Africa.
Things might get even intense when it comes to de-dollarization as the Bloc prepares for its 16th summit this October in Russia's city of Kezan with over 93 countries set to be in attendance.
All might not be clear yet what the agenda for its coming summit is but with the moves the bloc has been taking since 2024 following the groups expansion from 5 to 10 members and more anticipation for accelerated expansion, it is certain the group isn't going slow on its agenda of drifting from the dollar and creation of its own currency.
Just coming in, leading global bank HSBC has predicted the future of the US dollar forecasting how long the currency can stay as the world’s reserve.
The prediction comes at a time when the Brics alliance is looking to dethrone the US dollar from the global reserve currency status.
Economist’s “News and Views” Tuesday 6-25-2024
30 Countries ditch US dollar: What Next?
Fastepo: 6-25-2024
Nations and regional alliances are increasingly moving away from the US dollar for their trade transactions, a process termed de-dollarization.
This trend seeks to decrease dependence on a single currency, thereby enhancing economic stability by employing a variety of local currencies.
By prioritizing their own currencies, countries aim to mitigate geopolitical risks and bolster their domestic economies.
This ongoing shift is transforming global trade and financial systems, potentially reducing the global dominance of the US dollar.
30 Countries ditch US dollar: What Next?
Fastepo: 6-25-2024
Nations and regional alliances are increasingly moving away from the US dollar for their trade transactions, a process termed de-dollarization.
This trend seeks to decrease dependence on a single currency, thereby enhancing economic stability by employing a variety of local currencies.
By prioritizing their own currencies, countries aim to mitigate geopolitical risks and bolster their domestic economies.
This ongoing shift is transforming global trade and financial systems, potentially reducing the global dominance of the US dollar.
In this video, we examine the recent trend among various nations to decrease their dependency on the US dollar for international transactions.
We investigate the reasons driving these decisions and offer insights into their economic strategies.
Additionally, we focus on de-dollarization efforts within the BRICS+ bloc, highlighting significant steps these countries have taken to diversify the currencies used in global trade.
LIVE! The U.S. e-CON-omic CON-JOB Is Worsening FASTER! EXPECT A HIGHER STOCK MARKET.
Greg Mannarino: 6-25-2024
ALERT: FDIC Slams Big Banks for MASSIVE Risks
Taylor Kenny: 6-25-2024
The FDIC has raised alarms over major banks' emergency plans, concerns mount over the scale of derivative exposure in the financial sector, and questions emerge about the adequacy of deposit insurance amid banking uncertainties.
With whispers of a potential global financial shake-up, what do the experts know that we don't?
“Tidbits From TNT” Tuesday 6-25-2024
TNT:
Tishwash: Parliamentary recommendation for Finance and Planning to launch instructions for implementing budget schedules
Today, Tuesday, the Parliamentary Finance Committee recommended the Ministries of Finance and Planning to release instructions for implementing the 2024 budget schedules, while indicating that all appeals are normal and did not rise to the rejection of some paragraphs.
Committee member Nazem Al-Shibli said, “The budget is effective after its publication in Al-Waqa’i newspaper, but it needs instructions issued by the Ministries of Finance and Planning in order for it to be clearly implemented in the ministries, agencies, and governorates,” explaining that “the budget is not devoid of complaints and appeals every year, but the court It is the one who decides the authority to implement or legislate.”
TNT:
Tishwash: Parliamentary recommendation for Finance and Planning to launch instructions for implementing budget schedules
Today, Tuesday, the Parliamentary Finance Committee recommended the Ministries of Finance and Planning to release instructions for implementing the 2024 budget schedules, while indicating that all appeals are normal and did not rise to the rejection of some paragraphs.
Committee member Nazem Al-Shibli said, “The budget is effective after its publication in Al-Waqa’i newspaper, but it needs instructions issued by the Ministries of Finance and Planning in order for it to be clearly implemented in the ministries, agencies, and governorates,” explaining that “the budget is not devoid of complaints and appeals every year, but the court It is the one who decides the authority to implement or legislate.”
Al-Shibli added, “The court will hear all appeals,” pointing out that “the budget is subject to appeal if any party objects to a part of it,” noting that “all appeals are normal and do not rise to the rejection of some paragraphs.” link
CandyKisses: The Central Bank of Iraq revealed the mechanism of imposing fines on private banks
According to a document issued by the bank on the third of this month, "we would like to inform you that the imposition of fines on banks and non-bank financial institutions is done through a competent committee in this bank based on the Central Bank Law No. (56) of (2004) and the Banking Law No. (94) of (2004) and the instructions and controls that regulate banking operations."
He added that due to the violation of these laws, instructions and controls by the bank or non-banking financial institution, the purpose of imposing fines on banks and non-bank financial institutions is to prevent them from committing violations of the laws mentioned above and the instructions issued under them to protect them and ensure their safety and the safety of the financial sector in general.
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Tishwash: Finally, “Carrefour” will open in Baghdad.. The international chain has ended its hesitation
It may not be a passing commercial event in Baghdad.. The international shopping chain “Carrefour” - which has been reluctant for years to enter the Iraqi market - has made up its mind and is actually preparing to open two branches in the capital.
The first will be in the Jadriya area within the “Jadriya Mall,” and the second within the Bismayah Mall complex. According to information obtained by the 964 network from various sources, the opening of the chain of markets in Al-Harithiya Mall has been withdrawn, because “Carrefour” needs a very large space that “Al-Harithiya” did not provide.
He already got what he wanted, as he acquired the largest part of the area of Al-Jadriya Mall, which will also include a group of branches of international agencies, while the chain’s branch in Bismaya will also obtain a large area within the mall of the residential complex, and Al-Jadriya Mall was scheduled to open.
It was strange that the local authorities in Baghdad agreed to open “Carrefour” in Jadriya...the most crowded area of Baghdad. Usually, the authorities oblige the “Carrefour” chain to open its branches in areas far from city centers, to contribute to the revitalization of remote areas and eliminate traffic congestion, especially since the crowding “Carrefour” is a certainty due to the easy and unique shopping experience it provides, the competitive offers and prices, the way products are presented, and the quality standards supervised by teams of international experts.
Carrefour is a French international supermarket chain with five branches in the Kurdistan region of Iraq (5 branches in Erbil, a branch in Sulaymaniyah, and another in Dohuk), and provides a wide range of home, food and other shopping options to the consumer.
Carrefour was scheduled to open a branch in Baghdad Mall in the Al-Harithiya area in the center of the capital, but the lack of suitable spaces prevented this, which prompted those responsible for the chain’s affairs in Iraq to search for alternative locations, indicating the possibility that the chain may have a third branch and perhaps A fourth in Baghdad soon. ink
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Tishwash: Canadian oil replaces Iraqi crude on the American West Coast
Refineries on the West Coast of the United States intend to replace their imports of heavy Iraqi oil with cheaper crude from Canada, at a time when the newly expanded “Trans Mountain” line is re-arranging trade flows across the Pacific Ocean, according to what Bloomberg reported.
California and Washington are scheduled to import about 150,000 barrels per day of Canadian crude via tankers in June, representing a seven-fold increase in average volumes, according to preliminary data from Vortexa. At the same time, their imports of Iraqi “Basra Heavy” crude are expected to decrease to 3,587 barrels per day, from 76,000 barrels last May.
The Trans Mountain expansion, which began in May, transports 590,000 barrels per day of crude from the Canadian oil sands to Vancouver for export. This is likely to be an advantage for refiners on the US West Coast, which would otherwise pay several dollars more per barrel to buy Iraqi crude.
As Canadian imports to the US West Coast rise, shipments of Brazilian medium-sulfur TUPI oil, as well as Basra Heavy crude, decline.
Alberta's heavy West Canadian Standard crude is trading about $13 cheaper than U.S. West Texas Intermediate crude, or about $67 a barrel, according to Bloomberg's general index pricing. Basra Heavy crude is trading about $5.55 cheaper than benchmark Brent crude, or more than $80 per barrel. link
Mot: . Breads Ready!!!!
Mot: Yaaaaaaaaaaaaaah !! - Score un fur Earl
News, Rumors and Opinions Tuesday 6-25-2024
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 Wed. 25 June 2024
Compiled Wed. 25 June 2024 12:01 am EST by Judy Byington
Global Currency Reset(Rumors and Opinions)
Mon. 24 June 2024 Wolverine:
“I’ve just received incredible news from my contact in Brazil. He said to “Get Ready.” I think Tuesday (25 June 2024) is going to be the day.
“Yesterday I received an intel from Brazil saying that the payments are about to commence, and that is regards to his platform, and then about two hours ago (today), I sent him a message asking how things were progressing. He said, “They are progressive beautifully. The leaders are getting paid.”
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 Wed. 25 June 2024
Compiled Wed. 25 June 2024 12:01 am EST by Judy Byington
Global Currency Reset(Rumors and Opinions)
Mon. 24 June 2024 Wolverine:
“I’ve just received incredible news from my contact in Brazil. He said to “Get Ready.” I think Tuesday (25 June 2024) is going to be the day.
“Yesterday I received an intel from Brazil saying that the payments are about to commence, and that is regards to his platform, and then about two hours ago (today), I sent him a message asking how things were progressing. He said, “They are progressive beautifully. The leaders are getting paid.”
Wolverine Cont….“I received another intel from Brazil, where he said, “Remember about what I told you last week.” He said, “I am letting you know it is about to commence.”
“I received an intel audio in Portuguese, and it said, “Practically all is started, and everything is confidential. Stay attentive, because everything is happening.” He is talking about Brazil – The Tier4 A group and the Tier4B.
“And the USA is already close. About an hour ago, I received an Intel from my contact in America, which says, “Intense movement In the USA. Tier4B notification news.”
“There is another audio I received, not in Portuguese, but in Spanish, saying that it looks like things have started.
“It looks like things are rolling. I am hoping that what I received is correct as I am only a messenger. Praying is all happening. People are getting emotional. But the person said I am not going to get emotional until I start seeing things happening from my end, but it looks like things are beginning to start. Lets’ hope and pray to God that tomorrow we will end up having real solid news in terms of hearing people getting paid and/or my contacts being paid and so on. We pray this comes true. Hopefully, tomorrow, we will get the victory sign. Take care, Wolverine.”
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Mon. 24 June 2024 TNT Tony expects it on or by Sunday, June 30. Banks already have been told they’ve had their last meeting prior to the RV.
Mon. 24 June 2024 Mike Bara The situation as I understand it: This should have gone in April. That was Plan A. The USA stopped it. The window for Plan B opens tomorrow Tues. 25 June at “Sundown” and is a week long. There is no Plan C.
On Sat. 22 June 2024 Texas Snake, Wolverine, MarkZ and Tony all reported that this weekend Redemption Center staff were put on a one hour alert for report to their stations in order to schedule Tier4b (Us, the Internet Group) appointments and later, help complete currency exchanges. A HSBC Bank Manager in Australia confirmed the above, saying the one hour alert extended until Thurs. 27 June.
Wolverine said the Brazilian channel was adamant that this was our week. A Bond Holder claimed he was promised liquidity by Tues. 25 June. Tony maintained that the Dinar Contract rate was $28.50, though you couldn’t get it unless you asked for it.
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Global Financial Crisis:
Mon. 24 June 2024 World Banks Liquidate European Bonds with 12 Trillion $ in Losses: https://beforeitsnews.com/economy/2024/06/and-we-know-world-banks-liquidate-useuropean-bonds-12-trillion-in-losses-silver-short-squeeze-pray-dr-kirk-elliot-video-3114064.html
Mon. 24 June 2024: Black Swan Event – Protocol 19 – NESARA – GESARA – Revolution – Trust the Plan! – American Media Group (amg-news.com)
Mon. 24 June 2024: Mt. Gox Prepares to Roll Out Repayments to Defunct Users in BTC and BCH. Mt. Gox, the cryptocurrency exchange that lost 850,000 Bitcoin in 2024, will start repaying its defunct users. The rehabilitation trustee has announced that repayments will be processed in Bitcoin. https://tinyurl.com/2jkks6cf?tg=1719222666
Mon. 24 June 2024: The Federal Reserve has been hacked and over 33TB of data is now missing! https://t.me/The_17_Letter_Q
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The Real News for Mon. 24 June 2024:
Mon. 24 June 2024 Scary: The magnificent Seven of Amazon, Apple, Google, Meta, Microsoft, Nvidia and Tesla make up 53% of the nation’s GDP.
Mon. 24 June 2024 California: My Jaw Dropped & Hit The Floor While Listening To This. California Corruption IS OUT OF CONTROL. California is ordering tiny homes for the homeless, however they are paying $834,000 MORE PER tiny home than what you can order the same tiny home on Amazon for. California residents, how are you allowing this level of government corruption and thievery to just keep going on? How are you not demanding to know where that extra $834,000 per home is going? This is why your state 4 years ago had a surplus, one of the biggest surpluses in California history, but as of this year you have a $73,000,000,000 deficit. …Wall Street Apes on Telegram
Read full post here: https://dinarchronicles.com/2024/06/25/restored-republic-via-a-gcr-update-as-of-june-25-2024/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Economic experts on television saying the budget will not have effect on the exchange rate...it is going to stay the same. FRANK: It's not gonna affect the exchange rate in the budget because the new exchange rate has been in a second set of books for a very long time...
MarkZ [via PDK] I did hear from 3 or 4 military sources and Reno and the Treasury…rumors that are all over the place, some saying it’s happening right now, to no – its tomorrow…to Its already started, to all kinds of timing rumors in an concerted effort to cloud timing. …I think it’s a good things to see them in panic mode trying to cloud timing.
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US Debt Collapse Spiral: Gold Will Re-emerge | Clive Thompson
Liberty and Finance: 6-24-2024
Confidence in US government debt is going to collapse, says Clive Thompson, formerly in wealth management and Swiss private banking.
"We could get into a phase where there's a spiral. People suddenly lose confidence in holding government debt, and they all rush to the exit at the same time."
Gold will re-emerge as the currency of choice, he says.
INTERVIEW TIMELINE:
0:00 Intro
1:00 Gold misconceptions
7:30 Inflation coming
15:52 China's gold buying
19:07 Gold vs US dollar
More News, Rumors and Opinions Monday PM 6-24-2024
KTFA:
Clare: A political movement to hold an extraordinary session to elect the new Speaker of Parliament - urgent
6/24/2024 Baghdad
Today, Monday (June 24, 2024), the representative of the Azm Alliance, Nihal Al-Shammari, revealed the existence of a political movement aimed at holding an extraordinary session to elect the new Speaker of the House of Representatives.
Al-Shammari said in an interview with “Baghdad Today”, “There is a political movement and communication between all Sunni political parties, with the aim of accelerating the election of the new Speaker of the House of Representatives, especially since it supports the initiative to unify the position of the Sunni political house.”
She added, “There are efforts to hold an extraordinary session to elect the new Speaker of the House of Representatives during the next few days, and perhaps by the end of this week, and this matter now depends on what the current political dialogues and negotiations between all political parties will produce.”
KTFA:
Clare: A political movement to hold an extraordinary session to elect the new Speaker of Parliament - urgent
6/24/2024 Baghdad
Today, Monday (June 24, 2024), the representative of the Azm Alliance, Nihal Al-Shammari, revealed the existence of a political movement aimed at holding an extraordinary session to elect the new Speaker of the House of Representatives.
Al-Shammari said in an interview with “Baghdad Today”, “There is a political movement and communication between all Sunni political parties, with the aim of accelerating the election of the new Speaker of the House of Representatives, especially since it supports the initiative to unify the position of the Sunni political house.”
She added, “There are efforts to hold an extraordinary session to elect the new Speaker of the House of Representatives during the next few days, and perhaps by the end of this week, and this matter now depends on what the current political dialogues and negotiations between all political parties will produce.”
Parliament failed in four attempts to elect a replacement for Al-Halbousi due to the lack of consensus on a single candidate, in light of Sunni fragmentation and the coordination framework's insistence on keeping Mohsen Al-Mandalawi, the first deputy speaker of Parliament, as acting president, or the “conditional” agreement on a Sunni political figure. LINK
6/24/2024 Baghdad - INA - Amna Al-Salami
Today, Monday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, identified the most important economic gains achieved due to the rise in oil prices, pointing out that global energy market sources indicate that the current rise in oil prices will continue until the end of the year 2025.
Saleh said to the Iraqi News Agency (INA): “There is a clear link between the rise in revenues from Iraq’s exported oil due to the rise in energy prices in global markets on the one hand, and the sustainability of financing investment projects whose allocations are estimated in the Federal General Budget Law No. 13 of 2023 (the tripartite budget).” Which exceeds 55 trillion dinars annually.”
He explained, “The rise in oil prices above their estimated rates leads to reducing the hypothetical deficit gap in the annual general budget, which is estimated at approximately 64 trillion dinars, and provides sustainability of spending on development projects,” stressing that “the hypothetical deficit is no longer a reason for faltering or delaying reconstruction projects and expenditures.” Related investment.
Saleh added, "The government program has prioritized, in its philosophy and general directions, the policy of diversifying sources of income in the national economy."
He stated, “For the first time, sovereign guarantees are granted to market activities and the private sector as a partner in development, with priority to major economic diversification activities, by providing appropriate financing to the private sector from global financial sources in order to finance the transfer of modern technology, especially the manufacturing and petrochemical industries, as well as industries related to the provision of high-quality products.” “A link to reconstruction, to ensure stable and high growth rates and provide the requirements for sustainable development and operation.”
He pointed out, “Global energy market sources indicate that the current oil prices will continue to rise until the end of the year 2025, with an average price of one barrel of crude oil at no less than $82, which is an average that exceeds the conservative price mentioned in the general budget law above, which was estimated at about $70 per barrel.” LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Everybody should be pumped and ready to go... Article quote: "Sovereign guarantees to the private sector will contribute to the industrial renaissance" This article right here will blow your socks off...
Nader From The Mid East Things have been moving a little bit from here to the 8th of July. I hope we have an answer cuz that's what they shooting for. I don't know if it's going to be good or bad...It's more good than bad but I don't want to say anything about that cuz if anything happen you're going to say, 'Hey, but you said this. You said that.'
Iraq's Central Bank Still Dealing With Corruption Despite New Reform
Nader: 6-24-2024
The ICB has found multiple private banks that have been money laundering and handling large amounts secrete US currency transactions. With this being handled and taken care of soon, Iraq will soon be on a path to cleaning out the corruption.
Will the EU collapse: Indonesia Join China and Reject the EU
Fastepo: 6-24-2024
Indonesia's pivot from the European Union to China in its trade relationships is rooted in the contentious regulatory environment imposed by the EU's Green Deal.
The EU's stringent anti-deforestation legislation, aimed at preventing commodities linked to deforestation from entering the European market, has created significant barriers for Indonesian exporters, particularly smallholders in the palm oil industry.
In contrast, China has presented itself as a more flexible and supportive ally. With robust investments in Indonesian infrastructure and industries, including significant projects in the digital economy and renewable energy sectors, China has become Indonesia's largest trading partner.
This strategic shift is further solidified through agreements under the Belt and Road Initiative, which have enhanced economic integration and mutual benefits.
As a result, Indonesia's trade focus has increasingly turned towards China, reflecting a pragmatic approach to securing economic growth and stability amid global challenges.
New BRICS Gold Token: Not a Cryptocurrency, Stablecoin, or CBDC
New BRICS Gold Token: Not a Cryptocurrency, Stablecoin, or CBDC
On June 23, 2024 By Awake-In-3D
Learn why the BRICS UNIT token currency is unlike anything you’ve heard about before.
In This Article
What is the BRICS UNIT Token?
Is the BRICS UNIT a Cryptocurrency?
Is the BRICS UNIT a Stablecoin?
Is the BRICS UNIT a CBDC?
What are Blockchain Nodes in the new BRICS UNIT Financial System?
What is the BRICS UNIT’s Role?
New BRICS Gold Token: Not a Cryptocurrency, Stablecoin, or CBDC
On June 23, 2024 By Awake-In-3D
Learn why the BRICS UNIT token currency is unlike anything you’ve heard about before.
In This Article
What is the BRICS UNIT Token?
Is the BRICS UNIT a Cryptocurrency?
Is the BRICS UNIT a Stablecoin?
Is the BRICS UNIT a CBDC?
What are Blockchain Nodes in the new BRICS UNIT Financial System?
What is the BRICS UNIT’s Role?
I get it. The revolutionary and groundbreaking makeup of the new BRICS+ gold-backed currency token (the UNIT) and its financial ecosystem is confusing.
This article explains what the UNIT token is, and how it differs from cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs).
What is the BRICS UNIT Token?
The UNIT token is a unique digital asset that is the definition of “real money”.
Combining both a stable store of value without the depreciation of fiat currencies like the US Dollar but also be fungible medium of exchange like a currency.
Unlike traditional cryptocurrencies or stablecoins, the value of the UNIT token is based on a basket of underlying assets, based on a 40% gold component and 60% local currencies component.
This combination gives the UNIT token a stable intrinsic value while being flexible and fungible for everyday transactions.
Is the BRICS UNIT a Cryptocurrency?
Cryptocurrencies, like Bitcoin, derive their value from supply and demand without being backed by physical assets.
The UNIT token, however, derives its value from a mix of gold and local currencies. This basket of assets ensures that the value of the UNIT token is more stable than that of typical cryptocurrencies, making it highly reliable for everyday use.
Is the BRICS UNIT a Stablecoin?
Stablecoins are designed to maintain a fixed value by being pegged to a fiat currency, like the US dollar.
The UNIT token, while also backed by assets, does not have a fixed value. Its value fluctuates based on the total value of its underlying assets and market demand.
This means the UNIT token is not a stablecoin, as it lacks the reverse conversion mechanism that stabilizes a stablecoins’ value.
Is the BRICS UNIT a CBDC?
Central Bank Digital Currencies (CBDCs) are digital versions of a country’s fiat currency, issued and regulated by the central bank.
The UNIT token, however, operates on a Decentralized Autonomous Organization (DAO) structure, which means it is governed by a community of users (node operators) rather than a central authority.
This decentralized nature differentiates the UNIT token from CBDCs, ensuring it remains an apolitical and globally accessible digital currency.
What are Blockchain Nodes in the new BRICS UNIT Financial System?
In the UNIT ecosystem, individual countries that join the currency and financial network operate their own independent blockchain nodes.
These nodes ensure the decentralized and distributed nature of the UNIT token, enhancing security and reliability. Each participating country maintains control over its node, contributing to the overall resilience and integrity of the UNIT network.
This structure allows for a collaborative yet autonomous participation in the global UNIT financial ecosystem.
What is the BRICS UNIT’s Role?
The UNIT token will function as money, offering a stable medium of exchange, a unit of account, and a store of value. These are the four primary pillars of an ideal economic and financial system offering equality, fairness and prosperity for all participants.
Unlike stablecoins, which are often used as a bridge in transactions, the UNIT token is a final stage currency. It will complement local currencies rather than replace them, providing a more stable and reliable alternative for trade and investment.
The Bottom Line
The UNIT token is a decentralized, asset-backed digital currency offering the benefits of both traditional money and digital assets.
Its unique structure and intrinsic value make it a promising tool for modern financial transactions, standing apart from cryptocurrencies, stablecoins, and CBDCs.
Its operation within a DAO framework and the use of independent blockchain nodes by participating countries ensure it remains decentralized and robust, making it a viable and innovative financial instrument.
Supporting article: https://brics-plus-analytics.org/how-does-the-brics-currency-transform-the-world-economy/
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© GCR Real-Time News
Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
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Economist’s “News and Views” Monday 6-24-2024
U.S. Dollar Will Lose its Reserve Status, “We Fumbled this Big Time”: Charles Payne
Daniela Cambone: 6-24-2024
The Fed is on the verge of making a monumental mistake,” warns Charles Payne, host of Fox's "Making Money with Charles Payne.” Speaking with Daniela Cambone, Payne criticizes the Federal Reserve's decision to hold interest rates steady at a 23-year high, arguing it will not benefit the economy.
He also lashes out against the Fed's “data-dependency” approach, questioning, “What data exactly are you looking at? Are you looking at late payments? Are you looking at bankruptcies?”
On recent reports of Saudi Arabia breaking away from the petrodollar system, Payne acknowledges that de-dollarization is happening.
"We're not doing the things that come with the sort of fiduciary responsibility of having the world's premier currency," he says.
U.S. Dollar Will Lose its Reserve Status, “We Fumbled this Big Time”: Charles Payne
Daniela Cambone: 6-24-2024
The Fed is on the verge of making a monumental mistake,” warns Charles Payne, host of Fox's "Making Money with Charles Payne.” Speaking with Daniela Cambone, Payne criticizes the Federal Reserve's decision to hold interest rates steady at a 23-year high, arguing it will not benefit the economy.
He also lashes out against the Fed's “data-dependency” approach, questioning, “What data exactly are you looking at? Are you looking at late payments? Are you looking at bankruptcies?”
On recent reports of Saudi Arabia breaking away from the petrodollar system, Payne acknowledges that de-dollarization is happening.
"We're not doing the things that come with the sort of fiduciary responsibility of having the world's premier currency," he says.
He also advises people to stay flexible about the city where they buy their first home and to start saving. Watch the insightful interview now to learn more about Payne's views.
CHAPTERS:
00:00 De-dollarization
5:48 HSBC statement about the US dollar
7:21 Fed rate cuts
10:58 Job market
13:50 People can’t retire
16:52 Housing purchasing
20:44 Stock market
23:39 Investing in precious metals
24:58 Future of America
BRICS' WIN IN ASIA: Malaysia & Thailand Apply to Join, While Japan Is Ditching US Treasuries
Lena Petrova: 6-24-2024
US Dollar to Get Re-Priced from ‘Widely Overvalued’ Levels, Massive Impact on Gold, Bitcoin Targets
Kitco News: 6-24-2024
U.S. Treasuries will be dumped as global reserves by 2030 as the U.S. dollar will get re-priced from "widely overvalued" levels, Luke Gromen, founder and president of Forest for the Trees (FFTT), tells Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News.
Gromen weighs in on what he sees as the new global reserve asset and what it means for gold and Bitcoin prices.
Goldilocks' Comments and Global Economic News Monday 6-24-24
Goldilocks' Comments and Global Economic News Monday 6-24-24
Good evening Dinar Recaps,
CFTC Announcement:
"Washington, D.C. — The Commodity Futures Trading Commission Open Meeting scheduled for Monday, June 24, 2024, has been cancelled. The matters under consideration have been completed through the Commission’s seriatim process."
Let's take a close look at what has been completed.
* "Final capital and financial reporting comparability determinations and orders for certain nonbank swap dealers domiciled in Japan, Mexico, the European Union (limited to France and Germany), and the United Kingdom
* Applications of ForecastEx LLC for Registration as a Derivatives Clearing Organization and a Designated Contract Market"
Goldilocks' Comments and Global Economic News Monday 6-24-24
Good Evening Dinar Recaps,
CFTC Announcement:
"Washington, D.C. — The Commodity Futures Trading Commission Open Meeting scheduled for Monday, June 24, 2024, has been cancelled. The matters under consideration have been completed through the Commission’s seriatim process."
Let's take a close look at what has been completed.
* "Final capital and financial reporting comparability determinations and orders for certain nonbank swap dealers domiciled in Japan, Mexico, the European Union (limited to France and Germany), and the United Kingdom
* Applications of ForecastEx LLC for Registration as a Derivatives Clearing Organization and a Designated Contract Market"
The first item on the list above that was completed dealt with Cross-Border applications of Swaps Provisions. Capital and Financial reporting is being allowed by non-U.S. swap dealers and market participants (MSPs) that meet agreed upon standards with their home jurisdiction's regulations instead of the CFTC's. You can look at the list above of Nations that qualify.
The reason for the above being so important is because of the following procedures. These swap execution facilities have to be registered to operate as derivatives clearing organization that will allow global access to foreign currency exchanges and other financial instruments of interest.
The final item deals with designating contracts. Designated Contract Markets (DCMs) are exchanges that list trading futures or option contracts that are based on all types of commodities. And this, comes under the Commodities and Futures Trading Commission (CFTC) and their governance.
Compliance Date: Effective July 13, 2023. Derivative Clearing Organizations DCOs must comply by July 12, 2024. (See Federal Register link below)
The completion of these swap dealer compliance issues in the Forex Market comes at a time when Iraq has just completed their requirements on phase one of their economic reforms. Phase one is a completion of reforms that have now qualified Iraq for international trade. CFTC Federal Register
© Goldilocks
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Options Clearing Corporation: Risk Management Transformation | Youtube
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Understanding Treasury Contract Specifications | Youtube
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Central Bank Swap Arrangements, Explained | Youtube
👆 Goldilocks pointed to this article
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Hong Kong invites global opinions on web3 and virtual assets future - StartupNews fyi
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Asset managers update proposals for Ether ETFs, eyeing July launch — Blockchair News
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Commission seeks input from industry on the use of artificial intelligence in finance - European Commission
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The podcast 6/22/24 on Vietnam should get everyone excited about where we are with FACTS. Podcast Youtube
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