Iraq Economic News and Points to Ponder Sunday Evening 2-4-24

Iraq Economic News and Points to Ponder Sunday Evening 2-4-24

Tlm724 Administrator Bondlady’s Corner

Central Iraqi Sales Within A Day: Recorded An Increase In External Remittances

Money and business   Economy News – Baghdad  External remittances increased at the Central Bank’s auction, today, Sunday, by 89% at the expense of cash sales, to reach $198 million.

During its auction for buying and selling the US dollar, the Central Bank of Iraq sold 219 million, 957 thousand and 731 dollars, which the bank covered at a base exchange rate of 1,305 dinars, per dollar for documentary credits and international settlements for electronic cards, and at a price of 1,310 dinars per dollar for external transfers, and for selling in cash.

Most of the bank's dollar sales went to strengthen balances abroad in the form of (transfers, credits), which amounted to 198 million 137 thousand and 731 dollars, an increase of 89% over cash sales amounting to 21 million and 820 thousand dollars.

Views 58 02/04/2024 - https://economy-news.net/content.php?id=40125

Banning 8 Iraqi Banks From Participating In The Foreign Currency Buying And Selling Window (Document)

Iraq   Sunday, February 4, 2024 4:34 PM   Baghdad/National News Center  An official document issued by the Central Bank of Iraq showed that 8 Iraqi banks were banned from participating in the foreign currency buying and selling window.

The document included prohibiting banks from participating in the foreign currency buying and selling window and not dealing in dollars.

The eight banks are (the Iraqi Investment Bank, the Kurdistan International Islamic Bank, the Iraqi Union Bank, Al-Huda Bank, the Assyria International Investment Bank, the South Islamic Bank for Investment and Finance, the Arab Islamic Bank, and Hammurabi Commercial Bank).  https://nnciraq.com/249032/

Learn About The List Of Banks Prohibited From Dealing In Dollars And The Currency Selling Window

Sunday 04, February 2024 17:23 | Economical Number of readings: 224  Baghdad / NINA / The Central Bank issued a list of the names of banks and non-banking financial institutions that are prohibited from participating in the foreign currency buying and selling window, and from dealing in the US dollar currency directly or indirectly./End 5   https://ninanews.com/Website/News/Details?key=1104720

A Slight Decrease In Dollar Prices In Baghdad Markets

Time: 02/04/2024 10:28:42 Read: 2,002 times  {Economic: Al-Furat News} The exchange rates of the US dollar against the Iraqi dinar recorded a slight decline today, Sunday, in the markets of the capital, Baghdad.  The prices were as follows..

The selling price was 153,250 dinars, while the purchase price was 151,250 dinars per 100 dollars. LINK

Oil Prices Fell By 7% During The Week

Economy | 09:59 - 04/02/2024   Mawazine News – Baghdad  Crude prices fell by about 2% the day before yesterday, after strong jobs report data in the United States reduced the chances of lowering interest rates in the largest economy in the world, which may weaken demand for crude.

Oil prices were also affected by the decline in economic growth in China, and the possibility of easing tensions in the Middle East, according to Reuters.

Brent crude futures fell by $1.37, or 1.7%, at settlement to $77.33, and US West Texas Intermediate crude futures fell by $1.54, or 2%, at settlement to $72.28. Both benchmarks lost about 7% during the week.    https://www.mawazin.net/Details.aspx?jimare=241557

To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/

Advice Quotes and Quotations   

But one must know where one stands, and where the others wish to go.  - Goethe

No man ever listened himself out of a job.  - Calvin Coolidge

Thanksgiving comes after Christmas.  - Peter Kreeft

To make pleasure pleasant, shorten.  - Charles Buxton

Put all thine eggs in one basket and - watch that basket.  - Mark Twain

Don't offer me advice, give me money.  - Spanish proverb

If you aren't rich, you should always look useful.  - Louis-Ferdinand Celine

He who can lick can bite.  - French proverb

I give myself, sometimes, admirable advice, but I am incapable of taking it.  - Mary Wortley Montagu

'Be yourself!' is about the worst advice you can give to some people. - Tom Masson

A bull does not enjoy fame in two herds.  - Rhodesian proverb

http://famousquotesandauthors.com/topics/advice_quotes.html

Goldilocks' Comments and Global Economic News Sunday Evening 2-4-24

Goldilocks' Comments and Global Economic News Sunday Evening 2-4-24

Good Evening Dinar Recaps,

The IMF currently has a Working Paper. A Working Paper is preliminary research that enables a new project, or in this case, a new digital asset based trading system to have a working model to test its theories.

We already know the new digital asset based trading system is being tested and the payment networks through the use of stablecoins are already in pilot programs.

These pilot programs allow the QFS to be viewed to see how they're working model is going to operate Globally. This is where regulations come into play allowing us to formulate a final paper called a White Paper.

A White Paper allows us to take research material into pilot phase programs whereby recommendations and implementation processes are given direction to proceed.

We are in process of moving to White Papers that will allow us to move forward with technological interfaces that will be used in the digital asset-based trading system.

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

During Protocol 20 activation from the vote that is about to take place on February the 20th, 2024, we will begin to see these Quantum Technological Networks begin to interface with one another Globally.

From the Stellar Protocols, we have learned that it will take weeks and not months to finish or populate within the QFS. When we see the White Papers being presented from the IMF, we will be well on our way to integrating our new Financial System into Global networks.

90% of the Fortune 500 companies are expected to be digitized by the end of this year. This is and always has been a process, but we are inside the final steps that will allow us to soon integrate many of the Quantum Technologies into actual practice.

To kickstart these new Technological Systems, we will need a payment system to pay for their existence. These new digital payment systems are currently being tested and regulated for final White Paper distribution from the IMF and the World Bank.

These announcements from the IMF and the World Bank will provide us with a Bretton Woods III announcement we have been looking for to start the new Digital Economy.

© Goldilocks
IMF
Minneapolis Fed
eLibrary Worldbank
Investopedia
Daily Host News

~~~~~~~~~~

It is the Bretton Woods 3 Announcement that will call the RV.

© Goldilocks

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Peso rises to 55: $1 as dollar weakens | Business Inquirer

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International Bank for Reconstruction and Development |  World Bank

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Experts: Mortgages won’t be voided by a digital currency | AP News

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Iraq Economic News and Points to Ponder Sunday Afternoon 2-4-24

Iraq Economic News and Points to Ponder Sunday Afternoon 2-4-24

Tlm724 Administrator Bondlady’s Corner

The Prime Minister's Advisor Details The Indicators Of The Efficiency Of Iraq's Foreign Reserves

Baghdad - INA - Nassar Al-Hajj  , the financial advisor to the Prime Minister, Mazhar Muhammad Salih, detailed today, Saturday, indicators of the efficiency of foreign reserves, while stressing that

they indicate that Iraq today is better off in its financial history. Saleh said, to the Iraqi News Agency (INA), that    “Iraq’s oil revenues will remain the main source of growth in the country’s foreign currency reserves, and  those reserves will rise with the rise in the cycle of oil assets,  all of which lead to an increase in indicators of the efficiency of foreign currency reserves, whether commercial efficiency.”

 (Covering the mentioned reserves for the number of import months for Iraq, which currently exceeds 15 months compared to the global standard of three months),

or in covering the money supply, or by the fact that these foreign reserves in proportion have the ability to cover the external debt services payable.”  He added,  "The country's oil revenues still provide 98% of the assets of the investment portfolio for the country's foreign currency reserves, whether in monetary gold or various foreign currencies.

 All indicators of the efficiency of foreign reserves mentioned above indicate that Iraq today is in the best condition in its financial history."

 These reserves flourish and grow with the index of the growth rate in the current account surplus of the balance of payments to the country’s gross domestic product, which was

 estimated for the year 2023 at approximately (positive 9%), and is

 estimated for the year 2024, at the same similar rate,

according to data published by international credit evaluation institutions for Iraq.". He pointed out that

 “there are standard investment mechanisms and guides approved globally by the monetary authority in managing the country’s foreign currency reserves, as

 their tools and methods are evaluated in consultation with multilateral international financial organizations, including the International Monetary Fund and the World Bank, on a periodic basis to ensure optimal management of reserves, whether in Providing adequate returns, sufficient liquidity and low risks at the same time.”  He continued:

 “It takes into account avoiding all forms of risks, whether the risks of

      currency exchange rate fluctuations,

     interest, or liquidity risks, as well as the

     legal risks in managing those reserves, which are the basis of the country’s foreign investment portfolio, and

 today they represent something similar to the Iraqi dinar exchange rate stabilization fund that it defends.”

The country's monetary policy represents assets or assets corresponding to the national currency issued as (liabilities) and adequate coverage of the dinar to ensure its stability, in addition to the role of reserves in financing foreign trade for the private sector.  At the conclusion of his speech, he stressed that,

 “As the cycle of oil assets increases, the country’s foreign assets increase and inevitably rise in the country’s investment portfolio.”    https://www.ina.iq/202425--.html

Iraq Is Among The Countries That Buy The Most Gold In 2023

 Three Arab countries, including Iraq, are on the list of central banks that are purchasing the most gold in 2023, amid countries continuing to enhance their reserves of the yellow metal as a safe haven, especially with the current economic and geopolitical crises.

 Recent data collected by the Energy Research Unit shows that the central banks in Libya, Iraq, and Qatar are among the top 10 buyers of gold during 2023.

According to these data, global central banks’ net purchases of gold decreased last year to 1,037.4 tons, compared to 1,081.9 tons in 2022, but it is still the second highest level in more than 55 years.

 *-Libya is among the top 5.

 The People’s Bank of China topped the list of central banks purchasing the most gold in 2023, with a volume of 224.88 tons, according to the report issued by the World Gold Council.

 The Chinese Central Bank's gold purchases last year were the country's highest since 1977, bringing its total reserves of the yellow metal to 2,235 tons.

In second place on the list of central banks purchasing the most gold in 2023, the Polish Central Bank came with a purchasing volume of 130.03 tons, which is the highest annual rate ever for the country, bringing the total official gold reserves of the European country by 57% to 359 tons.

 The Central Bank of Singapore came in third place with a purchase quantity of 76.51 tons, being the only buyer from developed markets, bringing its total reserves of the yellow metal to 230 tons.

 Libya ranked fourth on the list of central banks purchasing the most gold in 2023, with the Central Bank purchasing about 30.01 tons, which is the first purchase since 1998-1999, which raised its total reserves of the yellow metal to 147 tons.

Fifthly, the Czech National Bank came with a purchasing quantity of 18.71 tons, the highest annual rate since 1993; Bringing his total reserve to 31 tons.

 *Iraq and Qatar are on the list

 in sixth place on the list of central banks purchasing the most gold in 2023. The Central Bank of India came in, with a volume of 16.22 tons.

The Central Bank of Iraq came in seventh place, and the Qatari Central Bank ranked eighth, with a purchase quantity of gold that reached 12.25 tons and 7.44 tons last year, respectively.

 In ninth place came the Central Bank of the Philippines with a purchase amount of gold amounting to 7.1 tons, and Kyrgyzstan came in tenth with a volume of 6.95 tons.

 The European Central Bank came in eleventh place on the list of central banks purchasing the most gold in 2023, with a quantity reaching 1.74 tons, followed by the Central Bank of Serbia, with a purchase volume reaching 1.04 tons.

 Central banks will buy the most gold in 2023

 *Demand for gold in 2023

 Since 2010, global central banks have been net buyers on an annual basis, adding 7.8 thousand tons to their gold reserves during this period, with more than a quarter of this amount purchased during the past two years alone.

 According to the World Gold Council report, global demand for gold - excluding the over-the-counter market - declined to 4,448 tons in 2023, compared to 4,699 tons the previous year.

In contrast, consumer demand for gold - the demand for gems - stabilized at 2,093 tons during 2023, a slight increase from 2022, which amounted to about 2,089 tons.

https://altaghier.tv/2024/02/03/العراق-ضمن-أكثر-الدول-العالمية-شراءً-ل/

https://images.weserv.nl/?url=ninanews.com/Uploads/Images/2024/2/1104727-6c143c44-ab43-45ce-a40c-01acddf50f84.jpg

The Docking Of A Newly-Made Ship, The Largest In Its Capacity, Entering Iraqi Ports For The First Time

Sunday 04, February 2024 18:07 | Economical Number of readings: 193

Basra / NINA / The Iraq Ports Company announced the docking of the newest ship, which is considered the largest in terms of its capacity, and entered the northern port of Umm Qasr for the first time.

The Director General of the Iraq Ports Company, Engineer Farhan Al-Fartusi, said that the northern port of Umm Qasr received a ship (MSC Berangere) carrying about 2,659 containers and docked at berths 14 and 15. It is the newest ship manufactured in the year 2023 and for the first time it enters Iraqi ports.

He added. The ship that docked today, Sunday, at the docks of the northern port of Umm Qasr, is the largest ship in terms of its carrying capacity that has entered Iraqi ports, with a load capacity of 15,413 TEU containers, a length of about 366 meters, a width of 51 meters, and a draft of up to 17 meters, and its carrying capacity in terms of weight reaches about 149,944. tons of payload.

It is noteworthy that the ship docked at Arab and international ports. It set off with its cargo from China, coming from the port of Dammam, to dock at the end of its journey at the northern port of Umm Qasr./End    https://ninanews.com/Website/News/Details?key=1104727

To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/

"Tidbits From TNT" Sunday 2-4-2024

 TNT:

Tishwash:  Baghdad and Moscow discuss the work of Russian oil companies in Iraq and seek to find solutions to the obstacles facing their work

Baghdad and Moscow discussed the work of Russian oil companies in Iraq and sought to find solutions to the obstacles facing their work.

A statement by the Ministry of Foreign Affairs stated that the Iraqi Ambassador to the Russian Federation, Qahtan Taha Khalaf, met with the Russian Deputy Minister of Energy, Sergei Mogalnikov, in the Ministry of Energy building.

During the meeting, bilateral relations and ways to strengthen them in a way that serves the interests of both countries were discussed. The possibility of preparing for holding meetings of the tenth session of the Committee was also discussed. The joint Iraqi-Russian issue, in addition to the issue of naming the presidency of the subcommittees related to the work of the committee.

According to the statement, the two sides also discussed the work file of Russian oil companies in Iraq and the quest to find solutions to the obstacles facing their work.

The meeting was attended, according to the statement, from the Russian side by representatives of Lukoil and Gazprom and the advisor at the embassy, ​​Ali Abdel Karim Atiwi.” link

CandyKisses:  Al-Fayyad: US aggression will not go unnoticed and Iraq must be cleansed of foreign presence

Shafaq News / The head of the Popular Mobilization Committee, Faleh al-Fayyad, said on Sunday that the US aggression on the headquarters of Anbar operations for the mobilization "will not go unnoticed."

Al-Fayyad added in a speech during the funeral of the victims of the crowd who died in the US bombing on the areas of Al-Qaim and Akashat in Anbar, and followed by the Shafaq News Agency, that "the American aggression was a direct targeting of the Popular Mobilization Forces," explaining that "this incident will not go unnoticed because it represents a rude targeting."

He continued, "We will not accept that the blood of our sons is a cheap political material," stressing that "the land of Iraq must be cleansed of foreign presence."

The death toll of the strikes by the United States forces on the mobilization sites in Anbar province on Sunday rose to 17 victims, after an official security source reported the death of the commander of the third battalion of the Armor Fighting Directorate of the Popular Mobilization Forces from his wounds.

The US military's Central Command reported early Saturday that its forces had carried out air strikes in Iraq and Syria targeting positions of Iran's Islamic Revolutionary Guard Corps Quds Force and affiliated militia groups.

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

CandyKisses:  The “Iraqi Resistance” prepares to start the third phase of the conflict with Washington

Shafaq News / The "resistance" factions in Iraq are preparing to turn to the third phase of the conflict with the United States of America by responding to sources of fire by targeting their bases in neighboring countries or that embrace American forces.

It comes after the United States, at 11 o'clock on Friday evening, began the first round of U.S. retaliation for the killing of 3 soldiers in the Jordan attack.

U.S. fighter jets began launching strikes in areas of Iraq and Syria, and lasted for more than two hours, at a time when US President Joe Biden warned that these strikes would continue.

These strikes on Iraqi security sites in the areas of Akashat and Al-Qaim, west of Anbar province, led to 16 victims and 25 injuries, including civilians.

Prime Minister Mohammed Shia Al-Sudani directed, on Saturday, the announcement of general mourning in all state departments and institutions, in order to have mercy on the lives of the victims from the armed forces and civilians.

Switching to the third stage

In this context, the spokesman for the Sayyid al-Shuhada Brigades, Sheikh Kazem Al-Fartousi, says that "the targetings that affected the popular crowd and civilians are not a stranger to the occupier and the American enemy, and this is a part of the ongoing war between us and the occupier."

On the news that spoke about Jordan's participation in the implementation of these strikes, Al-Fartousi explains to Shafaq News that "a clear and clear message was delivered to these countries that embrace American bases and participate in targeting Iraq such as Kuwait, Saudi Arabia and Jordan, with the possibility of turning to the third stage, which is to respond to the sources of fire by targeting US bases located on their territory, and we are able to do so, as evidenced of our arrival at the port of Ashdod and Haifa."

According to some information, on Saturday, F-16s belonging to the Royal Jordanian Air Force participated in the U.S.-led airstrikes last night.

This was likely in response to the drone attack that took place against a US base on the Jordanian border, known as “Tower 22,” in late January, press sources said.

The sources pointed to the Jordanian planes joining after their targets were identified, according to the Wall Street Journal, and pointed out that Jordan's role came to show solidarity with the United States in the wake of the drone raid on Tower 22, a military site in Jordan near the Syrian border.

But an official military source at the General Command of the Jordanian Armed Forces, said on Saturday, that the Royal Jordanian Air Force did not participate in the airstrikes carried out by the US Air Force inside Iraqi territory.

The source said, according to the official Jordanian agency Petra, that "there is no truth in the press reports that were circulated this morning about the participation of Jordanian aircraft in the operations carried out by US aircraft inside Iraq."

The source stressed that "the Jordanian armed forces - the Arab army, respect the sovereignty of brotherly Iraq," stressing "the depth of brotherly relations that bring Jordan with all Arab countries."

An attempt to stir sedion between countries

For his part, Jordanian writer and political analyst Amer Al-Tal says that "the American strikes are show, as President Biden needs to save the face of the United States of America in front of the American public as he is running the election race."

Al-Tal believes in an interview with Shafaq News that "the United States of America does not need the Jordanian Air Force to launch strikes, it has enough and is able to hit any area you want, so this talk comes within an attempt to fragment the region politically and morally by provoking strife between the surrounding countries."

Taking American troops out of the region in general

In turn, the deputy for the Sadiqun bloc, Mohammed Al-Baldawi, confirms that "what the United States of America has done and its agents in the region by bombing and targeting Iraqi territory, violating Iraq's sovereignty and elevating this good three of martyrs indicates the treachery and cowardice of these actions, and indicates the great danger that threatens the world because of the American presence in this region."

Al-baladawi adds to Shafaq News that "these criminal acts confirm the need to remove American forces from the region and not only from Iraq, to maintain the security and stability of this region."

He explains, "The Gulf region is the heart of the beating world and its source of power is located in Iraq, and that the survival of these forces threatens the security and stability of Iraq and the region, so these criminal acts that try to drag the world into a new war must be stopped," stressing that "the House of Representatives is supportive of the government by removing American forces from Iraqi territory."

The presidency of the Iraqi Council of Representatives expressed its strong condemnation of the American aggression on the Iraqi security positions in the areas of Okashat and Al-Qaim at dawn today, and neighboring civilian places, which led to 16 victims and (25) injuries, including civilians.

The presidency confirmed in a statement that "the House of Representatives is determined to hold an extraordinary (emergency) session in the coming days, to identify the recurrence of American attacks on the country, and to put an end to the violations by the international coalition forces of the sovereignty and lives of Iraqis," noting that "the repetition of American targets of Iraqi security headquarters is a great disregard that cannot be accepted."

"The situation is out of control"

For his part, political analyst Ali Al-Sahib says that "the American strikes are a blatant attack on the sovereignty of Iraq, and as long as there is an occupying power trying to impose its domination on the Middle East in general and the Gulf region in particular, these strikes will remain, which will confuse the political scene in the region in general."

Al-Sabib continues his talk to Shafaq News, that "the Iraqi-American crisis has begun to worsen, as the armed factions consider the American presence a serious intervention that must be removed, while American forces refuse to leave the country, at a time when the Iraqi government is trying to calm the situation, but it seems that the situation is out of its control."

He stresses the importance of "taking a serious pause from Iraqi diplomacy to denounce the American presence, and send strongly worded messages to the US ambassador and file a complaint even to the Security Council, because these attacks have fell in them many martyrs and terrified citizens."

Speaking about the White House National Security Council spokesman, John Kirby, to inform the Iraqi government before launching the airstrikes, the political analyst considered that they “lies that America fabricate to shake the Iraqi political reality, and create sedition between society or the citizen and his government.”

He explains, "The United States wants to convey a message of this claim to political parties or society, that the Iraqi government is in solidarity with it in these targets, and this is not the first time that the US administration has claimed that its operations have been completed with the approval of the Iraqi government, but this is contrary to reason, because the sovereignty of Iraq is the responsibility of the government and the state as a whole."

The Iraqi government spokesman on behalf of Al-Awadi denied that there was prior coordination between Baghdad and Washington on strikes by US forces targeting security forces positions in the western province of Anbar.

In turn, the Iraqi Foreign Ministry summoned the charge d'affaires of the United States Embassy in Baghdad, in protest against what it called the "American aggression" that targeted Iraqi military and civilian sites.

According to a State Department statement, reported to Shafaf News, the ministry will summon the charge d'affaires of the U.S. Embassy in Baghdad, David Berker, because US Ambassador Alina Romanowski is not present.

According to the statement, the Iraqi Foreign Ministry Berker will hand over an official protest note regarding the "American attack" that affected military and civilian sites in the areas of Akashat and Al-Qaim on Friday evening.

Warnings of counterattacks

In a related context, the professor of political science at George Washington University, Dr. Nabil Michael, "an escalation of the military scene and the war operations currently conducted by America in both Syria and Iraq, which will lead to a kind of instability, and US strikes may lead to counterattacks, especially in Iraq."

Speaking to Shafaq News, Mikhail describes the U.S. response as “abnormal because it creates a state of war and makes Biden a president of war,” likely “continued strikes against pro-Iran militias in Syria, with Hezbollah opening a front in Lebanon.”

Early on Saturday morning, the U.S. Army Central Command reported that its forces had carried out airstrikes in Iraq and Syria targeting positions of the Islamic Revolutionary Guard Corps (IRGC)-Quds Force and affiliated militia groups.

U.S. military forces hit more than 85 targets with several aircraft containing long-range bombers launched from the United States, the command said in a statement today.

According to the statement, the airstrikes used more than 125 precision-guided munitions, noting that the targets included command and control headquarters, intelligence centers, missile stores, darves, munitions and logistics of militias and the Revolutionary Guards.

US President Joe Biden had directed the military forces to strike targets in Iraq and Syria that are used by the Iranian Revolutionary Guards and its militias to attack American forces, he said, stressing that although the United States does not seek an escalation in the Middle East, it will inevitably respond to those who harm the Americans.

‘A futility war leads to disaster’

For his part, the writer and political researcher, Kifah Mahmoud, says that "Iraq's absurd war while it is out of a group of wars that destroyed its economy and its opportunities for progress and increased the rate of poverty and unemployment, not to mention its great impact on the psychology of society over decades, will lead the country to a disaster with the presence of armed groups outside the law and tampering with peace and security of society."

Mahmoud adds to Shafaq News that "the militias are expected and know the results of this, but it seems that the war is their source of livelihood and the legitimacy of its existence, especially as it uses Palestine as a hager for its behavior," he said.

"What is going on is a great challenge to the Sudanese government, which the militias are working to thwart and thwart its program that it promised the people," the writer said.

U.S. and international coalition forces in Iraq and Syria have been subjected to more than 165 attacks since mid-October, many of which have adopted the “Islamic Resistance in Iraq,” an alliance of Iran-backed armed factions that oppose U.S. support for Israel in the Gaza war and the presence of US troops in the region.

Washington responded to previous attacks with a series of strikes in Iraq targeting pro-Iranian groups.

Mot:  ...... Let Us ALL Know!! - K!!!! 

Mot:  ""Doggie Owners"" - Beeeeeee Careful out There!!!!

Goldilocks' Comments and Global Economic News Saturday Evening 2-3-24

Goldilocks' Comments and Global Economic News Saturday Evening 2-3-24

Good Evening Dinar Recaps,

"Rystad Energy has identified 36 potential high-impact wells for 2024, a significant increase from 27 in 2023."

The US Treasury Department and the G7 including the European Union came up with this caping of oil production to ensure price stability during times of inflation.  

Gold and other commodities have been suppressed as well during this time of inflation. It, too, has the tendency to rise during inflationary periods. During the pandemic, many of our gold mines were shut down. In 2023, we had a surge in gold and commodity mining.

These stabilizing efforts have served their purpose for the last few years to take us into controlled price measures. And now, we are in a place of new Economic Development.

Releasing caps on oil mining and gold mining as the new QFS began to connect with Quantum Technologies around the world has given us the opportunity to synchronize our commodity sector with the new digital asset based trading system.

As you can see, 2024 is the year when all of these Quantum Technologies are being interfaced with the commodity markets. By suppressing production in the commodity markets, it has allowed us to spend less time stabilizing this sector of the market and more time coordinating and connecting these mechanisms toward future collaboration.

These efforts have been going on for some time, but the movement into Global Network payment collaboration going forward will begin to really pick up its pace.

These efforts will enable payment systems to coordinate price pressures designed to interface new digital payment systems with the new bull market on gold and other commodities.

"All roads lead to gold, and gold will set us free."

© Goldilocks
Oil Price
Insights
Visual Capitalist

~~~~~~~~~~

"Only Qualified Purchasers, a designation granted by the U.S. Securities and Exchange Commission (SEC), which is typically reserved for entities with a net worth exceeding $5 million, will be eligible to acquire USTB."

Whales and institutional money are getting involved with tokenized assets especially the Bond Market.

These US Treasury Bonds will support the infrastructure of the United States. The US Treasury is responsible for the production of our coins and currency. They facilitate the disbursement of payments to the American public. Involved in revenue collection such as taxes. And executes, when necessary, the borrowing of funds to run the Federal Government.

In other words, the underlying infrastructure of the United States of America is currently being interfaced into the new Digital Asset-Based Trading System. It will support the overall development and ongoing projects needed to give liquidity to many of our country's financial operating payment systems.

© Goldilocks
The Defiant

👆  Goldilocks pointed to this article

~~~~~~~~~~

The US Treasury Bonds (USTB) will begin to bring in our liquidity through Tokenized Assets Backed by Gold.

© Goldilocks

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BRICS: Russia Settles 85% Trade in Local Currency, Sidelines US Dollar | Watcher Guru

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Russia Witnesses Significant Surge in BRICS Transactions with National Currencies

“The share of the BRICS countries has become significantly larger, now it is about 40 percent. In 2022, it was less than 30 percent, and in 2021 – about 20 percent,” she said on Tuesday.  Caspian News

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CME Group Reports Record January ADV of 25.2 Million Contracts | PR Newswire 

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New shipping route connecting China and Russia is officially open | SAFETY4SEA 

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Commodity Futures Trading Commission Artificial Intelligence Use | NatLawReview

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RBZ Gold Backed Digital Tokens sales dispose of 6,7kgs  |  New Zimbabwe

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Transcript of Press Briefing: Regional Economic Outlook Update for Middle East and Central Asia | IMF

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Superstate Short Duration US Government Securities Fund (USTB) Token Tracker | Etherscan

~~~~~~~~~~

The US Treasury Bonds (USTB) will begin to bring in our liquidity through Tokenized Assets Backed by Gold.

© Goldilocks

~~~~~~~~~~

Do you see how all of this is piecing itself together?

~~~~~~~~~~

What is a Treasury bond?

A U.S. Treasury bond (often called a T-bond) is a fixed-interest debt security issued by the U.S. Treasury Department to raise funds to finance Uncle Sam's spending requirements.  Bankrate

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Help us help all telegram rooms be safe from hate and abuse.

The Seeds of Wisdom Team is taking action to help everyone and asking people to share the info provided and even word it for their rooms if they like.

This is never what anyone likes yet some only want to hurt others.

Help us keep telegram safe Link 

Attorney General Link

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Goldilocks' Comments and Global Economic News Saturday AM 2-3-24

Goldilocks' Comments and Global Economic News Saturday AM 2-3-24

Good Morning Dinar Recaps,

BRICS: Russia Settles 85% Trade in Local Currency, Sidelines US Dollar | Watcher Guru
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Russia Witnesses Significant Surge in BRICS Transactions with National Currencies

“The share of the BRICS countries has become significantly larger, now it is about 40 percent. In 2022, it was less than 30 percent, and in 2021 – about 20 percent,” she said on Tuesday.  Caspian News
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CME Group Reports Record January ADV of 25.2 Million Contracts | PR Newswire 

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New shipping route connecting China and Russia is officially open | SAFETY4SEA 

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Help us help all telegram rooms be safe from hate and abuse.

The Seeds of Wisdom Team is taking action to help everyone and asking people to share the info provided and even word it for their rooms if they like.

This is never what anyone likes yet some only want to hurt others.

Help us keep telegram safe Link 

Attorney General Link

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"Tidbits From TNT" Saturday 2-3-2024

TNT:

Tishwash:  3 Arab countries top the list of world banks in purchasing gold during 2023

Recent data issued by the World Gold Council revealed that three Arab countries, including Iraq, found themselves among the top ten in the list of world banks that made the largest purchases of gold during the year 2023, and this comes in the context of these countries strengthening their reserves of the yellow metal as a means of confronting crises. Current economic and geopolitical.

In detail, global central bank purchases of gold decreased last year to 1,037.4 tons. However, they still represent the second highest level in more than 55 years.

The People's Bank of China topped the list by purchasing 224.88 tons of gold in 2023, followed by the Central Bank of Poland and then the Central Bank of Singapore.

What is striking in the list is that Libya ranks fourth, as the Central Bank of Libya purchased 30.01 tons of gold in 2023, in the first purchase since 1998-1999, raising their total reserves of the yellow metal to 147 tons.

As for the Central Bank of Iraq and Qatar, they came in seventh and eighth places, respectively, by purchasing 12.25 tons and 7.44 tons of gold, respectively.

This comes as global central banks continue to enhance their gold reserves as a safe haven, amid the current economic and geopolitical conditions.  link

CandyKisses:  Sudanese adviser: Iraq is living better in its financial history thanks to high foreign exchange reserves

The Prime Minister's financial adviser, Mazhar Mohammed Saleh, announced on Saturday a significant improvement in the efficiency of Iraq's foreign exchange reserves, stressing that it indicates that Iraq's financial situation is the best in its history.

Saleh explained, in an interview with the official agency, followed by NRT Arabia, that Iraq's oil revenues will remain the main source for the growth of the country's foreign currency reserves, pointing to the high efficiency indicators in these reserves.

Saleh pointed out that Iraq's oil revenues constitute up to 98% of the assets of the investment portfolio of foreign currency reserves, indicating that all indicators indicate that Iraq is currently living in its best financial conditions, and that these reserves are booming and increasing with the growth of the current account index of the balance of payments.

He stressed that there are standard investment mechanisms and evidences in line with global standards in the management of Iraq's foreign exchange reserves, stressing that with the increasing cycle of oil assets, the size of Iraq's foreign reserves increases and rises in its investment portfolio.

https://www.nrttv.com/ar/detail3/22885

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Spokesman for the Commander-in-Chief: The US strikes are a violation of Iraqi sovereignty and a threat whose consequences will be dire

Baghdad / Nina / The spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasul Abdullah, said: "The US strikes are a violation of Iraqi sovereignty and a threat whose consequences will be dire for security and stability."

He said in a statement: "The cities of Al-Qaim and the Iraqi border areas are subjected to air strikes by the United States of America, as these strikes come at a time when Iraq is striving to ensure the stability of the region."

He added: "These strikes are a violation of Iraqi sovereignty and undermine the efforts of the Iraqi government, and a threat that drags Iraq and the region to the unfortunate consequences, and its consequences will be dire for security and stability in Iraq and the region."

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CandyKisses:  White House: We Informed The Iraqi Government Before The Start Of The Strikes

Earth News- White House National Security Council spokesman John Kirby confirmed on Saturday that the Iraqi government had already been informed before the air strikes.

"The American response began tonight, and it will not end tonight," Kirby said.

"We believe the strikes were successful, and we don't know how many militants may have been killed or wounded," the U.S. official said.

The White House confirmed that all airstrikes had hit targets in Iraq and Syria.

"The facilities that have been targeted are being used by groups affiliated with the Islamic Revolutionary Guard Corps (IRGC) to target US forces in the Middle East," Kirby said.

"There have been no contacts with Iran since the killing of 3 US soldiers in northeastern Jordan," he said.

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CandyKisses:  US Central Command: We hit 85 targets in Iraq and Syria

Baghdad Today - Baghdad

The US Central Command announced at dawn on Saturday (February 3, 2024), strikes on Iraq and Syria, noting that more than 85 targets were hit.

The command said in a statement received by "Baghdad Today", that "at 4:00 pm. (EDT) February 02, Central Command (CENTCOM) forces have launched airstrikes in Iraq and Syria against the Islamic Revolutionary Guard Corps Quds Force and affiliated militia groups.

US military forces have struck more than 85 targets, with many aircraft including long-range bombers from the United States. The airstrikes used more than 125 precision munitions."

"The hit facilities included command and control operations, intelligence centers and centers, missiles and missiles, unmanned vehicle warehouses, logistics supply chain facilities and ammunition for militia groups and their IRGC sponsors who facilitated attacks against US and coalition forces," it said.

Mot: .. can You Just Imagine What She is Thinking!!!

Mot: What is moseying?

Iraq Economic News and Points to Ponder Saturday AM 2-3-24

Iraq Economic News and Points to Ponder Saturday AM 2-3-24

Tlm724 Administrator Bondlady’s Corner

What Is The Reason For The Difference In The Official And Parallel Dollar Exchange Rate? An Expert Identifies Problems

Time: 02/03/2024 {Economic: Al-Furat News} An economic expert revealed the reason for the difference between the exchange rate of the official dollar and the parallel market in the country.

Abdul Rahman Al-Mashhadani told {Al-Furat News} agency, “The continuation of the difference between the official and parallel exchange rates requires a solution to basic problems. The problem is not foreign transfers, but the issue of continuing trade relations with the sanctioned countries, which constitute a large part of the demand for the dollar, in addition to preventing a number of... Traders are able to enter the platform and remain at the parallel price.”

He pointed out, "It is difficult for travelers to obtain the dollar. As long as these problems remain, the price difference between the official and parallel prices will remain."

Al-Mashhadani continued, "In any case, the dollar is now witnessing stability within these rates present in the market."

During the past few weeks, the Iraqi dinar witnessed a significant and gradual increase against the dollar, as the exchange rate in the parallel market reached an average of 1,500 dinars to the dollar or so, after recording a significant decline that reached 1,700 dinars to the dollar in the last quarter of 2023, while The monetary authorities, which set an official price for the dinar at 1,320 per dollar, are seeking to pursue those they describe as speculators and smugglers of hard currency.  LINK

Dollar Prices Closed Lower In Baghdad And Erbil

Market   Economy News – Baghdad   Dollar prices fell against the dinar, on Saturday, in Baghdad and Erbil, with the stock market closed.

Dollar prices fell with the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 152,200 Iraqi dinars against 100 dollars, while this morning it recorded 152,500 Iraqi dinars against 100 dollars.

Selling prices also decreased in exchange shops in local markets in Baghdad, as the selling price reached 153,250 Iraqi dinars for 100 dollars, while the purchase price reached 151,250 dinars for 100 dollars.

In Erbil, the dollar also recorded a decline, as the selling price reached 152,150 dinars for every 100 dollars, and the purchase price was 152,000 dinars for every 100 dollars.

Views 36 02/03/2024 https://economy-news.net/content.php?id=40096

Al-Sudani: The Government Is Continuing To Support The Private Sector And Small Companies

Economy | 02:57 - 02/03/2024   Mawazine News – Baghdad   Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Saturday, that the government has provided sovereign guarantees for projects implemented by the private sector.

A statement from the Prime Minister’s Media Office, received by Mawazine News, stated that “the Prime Minister received a number of investors and businessmen who own medium-sized projects.”

The statement added, "The meeting witnessed a review of the most important projects being implemented, the obstacles and problems facing employers, and ways to address them."

During the meeting, the Prime Minister stressed “the government’s orientation towards supporting the private sector and supporting small companies,” noting “activation measures taken for the first time, including the sovereign guarantees provided by the government for projects implemented by the private sector.”

Al-Sudani stated, “These steps come from the government’s vision of the state’s work, which cannot be managed only through government institutions and the public sector, relying on the budget and oil prices, and on government jobs. Rather, there must be a societal understanding of the private sector, and experience with projects.” Small and developing.

According to the statement, the Prime Minister touched on "the challenges facing economic and financial reform in several files, as the implementation of the electronic payment system faces many obstacles, and there are also attempts to circumvent tax reform, company registration and customs procedures, and all of them are being addressed," stressing that "the government also continues to... Its measures to reform the banking sector.

The statement noted that "the Prime Minister spoke about contracts for new residential city projects," explaining that they "aim to solve the housing crisis and revitalize industry at the same time, as the construction sector serves this trend, which increases local production capacity in these industries."

https://www.mawazin.net/Details.aspx?jimare=241518

The House Of Representatives Intends To Hold An Emergency Session To Determine The Repetition Of American AttacksPolitical | 03:20 - 03/02/2024  Mawazine News – Baghdad  The Presidency of the House of Representatives confirmed today, Saturday, its intention to hold an emergency session to determine the recurrence of American attacks.

The Presidency of the House of Representatives stated, in a statement received by Mawazine News, that “it expresses its strong condemnation of the American aggression against the Iraqi security sites in the Akashat and Al-Qaim regions at dawn today, and the neighboring civilian places, which led to the death of (16) martyrs and (25) wounded, including civilians.” ".

The Presidency confirmed, “The House of Representatives is determined to hold an extraordinary (emergency) session in the coming days, to determine the recurrence of the American attacks on the country, and to put an end to the violations of the sovereignty and lives of Iraqis by the international coalition forces,” indicating that “the recurrence of the American attacks on Iraqi security headquarters is a great disdain.” "It can be accepted."

It renewed its call to the government for “the necessity of accelerating the implementation of Legislative Resolution No. (18) of the year (2020), issued by the House of Representatives, which includes the removal of international coalition forces from the country, since there is no need for their survival and because they are now threatening the security, stability, and sovereignty of Iraq,” stressing that “the decision The aforementioned represents a national and popular will, and its implementation is an urgent necessity to preserve the country’s sovereignty and the lives of citizens.”

https://www.mawazin.net/Details.aspx?jimare=241520

To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/

MilitiaMan: Iraqi Dinar - Stability - Sustainable Development - Global - Electronic Tracking Dinar - Money Flow

Iraqi Dinar - Stability - Sustainable Development - Global - Electronic Tracking Dinar - Money Flow

MilitiaMan and Crew:  2-2-2024

The Crew:  Samson, PompeyPeter, Petra, Angel1,  Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=gWyc4xMSqck

Goldilocks' Comments and Global Economic News Friday Evening 2-2-24

Goldilocks' Comments and Global Economic News Friday Evening 2-2-24

Good Evening Dinar Recaps,

As we move into the months of February and March, look for large swings in the market as we approach the March 11th deadline.

New tokenized assets will be coming on board to replace old traditional banking assets that used to stand on their own.

These new assets will have commodities interfaced with them, giving them new values. Inflation will rear its ugly head during this transition, and it will begin to put price pressures on gold to calm the uncharted seas.

The initial shock will be like sailing into a storm, but mechanisms are in place to absorb it as much as possible.

We have shared enough information together leading up to this event and where it will take us to guide you during this difficult time.

Just know, that all of us will be in this together.    Investing

© Goldilocks

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Be ready, Gold-Backed Digital Banking and Market Protocols will be locking into position in the months of February and March.

© Goldilocks

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Commonwealth Bank of Australia (CBA) has closed a staggering 354 branches and 2297 ATMs in the past five years, with plans to shut down more in the coming weeks.

Australia’s biggest bank, which serves 15.9 million customers, has shut down almost one-third of its branches since June 2018, going from 1082 to 728 countrywide.  News AU

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IMF Executive Board Concludes 2023 Article IV Consultation with the People’s Republic of China | IMF

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Russian ‘Digital Asset’ Market Ready for Takeoff, Lawmakers Claim |  Crypto News

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Kuwait and Saudi Arabia have renewed their call for Iraq to respect the agreement between the Iraq and Kuwait on the regulation of maritime navigation in the Khor Abdullah waterway.| Iraq Business News

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Ripple Edges Closer to Banks Via Crypto Custody Firm Metaco | Coin Desk

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XRPL approves AMM amendment, opening new income avenues | Cryptopolitan

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ECC approves transition from LIBOR to SOFR - Mettis Global Link

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Iraq Economic News and Points to Ponder Friday Afternoon 2-2-24

Iraq Economic News and Points to Ponder Friday Afternoon 2-2-24

Tlm724 Administrator Bondlady’s Corner

Electronic Payment In Iraq...A Project Bigger Than The Abolition Of Cash And The Dollar, With A Hidden Goal

Time: 02/01/2024 Read: 1,937 times   {Economic: Al-Furat News} The economic expert, Safwan Qusay, revealed the government’s hidden goal in implementing the electronic payment project throughout Iraq and its advantages.

Qusay said {to Al-Furat News} that: “The policy of the American Central and Federal Banks was that everyone knew that the currency auction was contributing to the smuggling of the dollar to various countries and that it was intended for Iraqis only.”

He added, "But the policy of complying with international requirements and controlling the movement of the dollar was implemented after the success of the electronic platform in enhancing bank balances, as well as expanding the circle of financial inclusion by investigating the source of the Iraqi dinar. Currently, all employees of state departments and retirees are included with credit cards."

Qusay added, "We also have a formal private sector and federal ministries that have begun to spread the culture of electronic payment to track the movement of the dinar. The more we introduce the dinar system within the regulatory department, the more we prevent the corrupt from changing the gender of the dinar, whether in the real estate market, gold, or other markets."

He concluded by saying, "The whole issue is related to combating corruption through investment in technology, and one of these means is electronic payment."

In its session the day before yesterday, Tuesday, the Council of Ministers approved the following regarding commissions for electronic payment operations:

1. (The recipient bears electronic payment commissions from the private and public sectors, and the payer does not bear any electronic payment commissions), and the government compensates a percentage (50%) of the commissions. The electronic payment paid by the holder (the merchant, the employer, and all private sector entities), provided that it is used to pay the holder’s obligations to the state exclusively through electronic payment, such as renewing licenses, paying taxes, customs, fees, municipal fees, electricity fees, and everything owed to the state, and it cannot be recovered in cash at any time. In any case.

2. Determine all electronic payment commissions (at a percentage determined by the Central Bank of Iraq), with a maximum commission limit that stops at a commission amount (the value of which is determined by the Central Bank of Iraq for both the public and private sectors) and what exceeds that without commissions, and a minimum that is exempt from commissions as well ( Exempting small transactions in the public and private sectors from commissions up to a ceiling determined by the Central Bank of Iraq.

3. The contracts signed based on what was stated in the decisions of the Council of Ministers related to electronic payment, especially the decisions of the Council of Ministers (23044 and 23620 of 2023) between state institutions and electronic payment companies, will continue to be effective until December 31, 2024, and the contracting institution may submit a reasoned request to the Central Bank of Iraq in If she wishes not to extend the approval process.

4. The decision will be re-evaluated in light of the results of the application before the end of this year 2024.

5. This decision will be implemented starting March 1, 2024.

In light of this, the Prime Minister’s financial and economic advisor, Mazhar Muhammad Saleh, believes that the decision recently issued by the Council of Ministers regarding electronic payment facilities and exempting the “citizen payer” from commissions for these operations is tantamount to creating a stimulating, sound and simplified environment for citizens to effectively use electronic payment methods. .

Saleh said, in a press statement, that “the Council of Ministers’ decision regularized the contractual relations between the government and the citizen if it is an electronic collection, and between the citizen and the merchant if it is via an electronic payment card that takes place within market transactions.”

He stated, “According to the decision, the citizen does not bear any costs as a result of using electronic payment, while there is encouragement for the merchant that the state compensates an essential aspect of the costs of electronic payment in the form of high cash allowances that are used for tax settlements or to pay the various costs incurred, provided that the settlements are made from Exclusively through electronic payments.

He pointed out, "In all cases, the Cabinet's decision regarding regulating fees for electronic payment services constitutes a stimulating environment that pushes towards the effective use of electronic payment cards, whether credit, debit, or prepaid, in a simple and convenient way."  LINK

Iraq Achieves More Than $8 Billion In Financial Revenues From Selling Oil For The Month Of January

Energy  Economy News _ Baghdad  Today, Friday, the Ministry of Oil announced the total exports and revenues achieved last January from the sale of crude oil, which exceeded $8 billion.

The ministry stated in a statement today, “According to preliminary statistics issued by the Iraqi Oil Marketing Company “SOMO,” the total amount of crude oil exports reached (103) million (508) thousand and (438) barrels, with revenues amounting to (Cool billion and ( 25) million and (616) thousand dollars.

The statistics indicated that the total quantities of crude oil exported for the month of January from the oil fields in central and southern Iraq amounted to (102) million and (25) thousand barrels, while the quantities exported to Jordan amounted to (464) thousand and (306) barrels. While exports from Qayyarah were one million (19) thousand and (132) barrels, according to a statement from the Ministry of Oil.

The ministry said that the average daily quantities exported amounted to (3) million (338) thousand (982) barrels per day.

The ministry continued in its statement by saying: The average price of one barrel reached $77,536.

Views 46 02/02/2024 https://economy-news.net/content.php?id=40075

Bloomberg: Iraq Reduced Its Oil Production By 130,000 Barrels Per Day

Energy   Economy News _ Baghdad  OPEC reduced oil production last month as the group and its allies make new efforts to support prices and prevent a global surplus.

Production of the Organization of the Petroleum Exporting Countries declined by 490,000 barrels per day last month, reaching 26.57 million barrels per day, according to a survey conducted by Bloomberg.

About half of the reduction came from Iraq and Kuwait. However, the group's implementation of its new production cuts was not in line with the target set by the coalition.

About a quarter of the decline came as a result of unrest in Libya, which is not part of the planned cuts, and total production remains several hundred thousand barrels per day above the collective ceiling, with Iraq and the UAE producing more than their quotas.

OPEC and its allies, led by Saudi Arabia, pledged to make additional production cuts during the current quarter - in addition to the cuts made last year - as global oil demand growth slows and competitive supplies, led by the United States, continue to rise.

Oil markets remain fragile, with prices holding near $80 a barrel in the London market even as conflict rages in the Middle East and shipping in the Red Sea comes under attack. Prices are lower than they were when Hamas launched its attack on Israel on October 7.

The survey shows that Kuwait and Algeria implemented the required cuts, reducing production by 110,000 barrels per day and 50,000 barrels per day, respectively.

Iraq made great progress, reducing its production by 130,000 barrels per day to pump about 4.2 million barrels per day. This led the country, which is under great financial pressure to boost revenues, to produce about 200,000 barrels per day above the agreed-upon ceiling.

Libya's production decreased by 120,000 barrels per day to about one million barrels per day, after the largest oil field was closed due to protests that extended for several weeks.

The implementation of the new cuts by the broader OPEC+ alliance - which includes countries such as Russia and Kazakhstan - was ambiguous.  Views 51 02/02/2024 - https://economy-news.net/content.php?id=40073

Oil Prices Are Heading Towards Their Largest Weekly Loss In 3 Months

Energy  Economy News _ Baghdad  Oil prices are headed for their biggest weekly loss since early November as negotiations progress to reach an agreement to stop the war between Israel and Hamas in what could be a decisive step towards ending the conflict.

WTI rose above $74 a barrel on Friday, but remained down nearly 5% for the week. Brent was also on track for a weekly decline.

People familiar with the matter said that talks on a ceasefire are still in their early stages, and a breakthrough is not expected in the coming days.

Oil capped its monthly advance in January, following attacks on commercial ships in the Red Sea, but strong supply and concerns about demand from key consumers kept prices from rising significantly. The OPEC+ alliance indicated yesterday, Thursday, that it will adhere to production cuts this quarter.

OPEC reduced its daily oil production by 490,000 barrels last month, as the producer group and its allies embarked on a new effort to prevent a global glut and rising prices, according to a Bloomberg survey.

Views 39 02/02/2024 - https://economy-news.net/content.php?id=40072

 To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/

Top 100 Inspirational Quotes  Compiled By Kevin Kruse 

 Inspirational quotes and motivational quotes have the power to get us through a bad week, and can even  give us the courage to pursue our life’s dreams.  In my book, 4 Keys to Happiness and Fulfillment at Work, By Kevin Kruse, I share surprising research into the true triggers of workplace motivation.

 So in the spirit of self motivation, here are 100 inspirational quotes.

97. Change your thoughts and you change your world. – Norman Vincent Peale

98. Either write something worth reading or do something worth writing. –Benjamin Franklin

99. Nothing is impossible, the word itself says, “I’m possible!” – Audrey Hepburn

100. The only way to do great work is to love what you do. – Steve Jobs

101. If you can dream it, you can achieve it. – Zig Ziglar

http://www.forbes.com/sites/kevinkruse/2013/05/28/inspirational-quotes/