Goldilocks' Comments and Global Economic News for April 19th

Good evening Dinar Recaps,

Vietnam Currency Intervention:

"The State Bank of Vietnam's deputy governor said it was ready to intervene in the foreign exchange market “even today if needed.” With the won shy of a 17-month low against the greenback, South Korea pledged to respond immediately to excessive currency market volatility."   3 hours ago

This is what happens when geopolitical tensions increase on the scale we are seeing today.

Do you see what I mean? We have shared in this room that many currencies begin to move during wartime. (Israel and Iran)

It is history repeating itself. Let's see what happens. The above doesn't even talk about the trade wars and currency wars going on.

Major events and shake-ups like these create credit valuation adjustments.

© Goldilocks
Bloomberg

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Credit Valuation Adjustments happen when any change takes place on the markets.

Price pressures move assets up and down like the waves of an ocean.

Depending on the force of that wave, it has the ability to move across a lake, an ocean, or even all sectors of the market.

The growing weakness of the dollar has created a tsunami, and we are in the middle of feeling its effects.

The strength of our anchor ($) is being pushed and pulled at the present time.

Our world is seeking solid ground once again. Which asset will rise to the top?

It is the storms of life that reveal our greatest strengths(asset), and the top dog is about to make itself known.

© Goldilocks

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A reset in the housing market is in process.

© Goldilocks
Wolf Street

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Whether or not this happens today, tomorrow, next week, or sometime this year.

Vietnam is letting us know that they have a currency that is about to change in its value.

They're telling us that they have the capacity to change it at any given moment going forward.

© Goldilocks
ZeroHedge

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"A member of the parliamentary finance committee Adnan Al-Zarfi stressed on Friday the need to raise the dollar exchange rates in the Iraqi markets, while pointing out that America is pressing Iraq to reform the victory."

Let's take a closer look at this article. The recommendation to raise the Dollar rate in Iraq "again" is a statement that holding the Iraqi Dinar price down is getting more difficult.

The article goes on to say that keeping the Iraqi Dinar on a programmed rate is no longer profitable or to their advantage.

Moving forward with their banking reforms is currently on the table.

© Goldilocks
Search4Dinar
Reuters

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Due to unforeseen circumstances, the CBI contact that Dee and I talk to has been busy with airstrikes in Baghdad.

Dee will try to schedule something as soon as things settle down.

© Goldilocks

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The war will destroy currency values for sure.

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World Gold Council Sees Gold as Underowned, Forecasts Continued Rally – Economics Bitcoin News

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Futures Tumble, Oil And Gold Soar On Reports Of "Huge Explosions" In Central Iran, Israeli Airstrikes In Iraq And Syria | ZeroHedge

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Happy Bitcoin Halving:

Happy “halving” to anyone who’s had to explain crypto to their grandparents. The quadrennial event, expected to take place today or tomorrow, was built into bitcoin’s original code to cut the amount of new coins going into circulation in half every four years. The purpose is to thwart inflation and increase the currency’s value.

Bitcoin’s mysterious creator, Satoshi Nakamoto, designed the crypto so that only 21 million bitcoins would ever exist. It will take about a century to hit that number, but as it approaches the cutoff, the crypto hose slowly constricts.

No one’s sure what happens next
Historically, halvings have coincided with big jumps in price—the coin’s first halving in 2012 saw the price jump from $12.35 to $127 within five months, according to Time. But critics argue that the narrative around halving is much stronger than the actual event.

© Morning Brew

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Full jury seated at Trump trial on third day of selection process | Youtube

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"Stocks off two-month low as fear of Middle East escalation eases" | Investing

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(3.51%) Bitcoin Volatility Index - Charts vs Dollar & More | Buy Bitcoin Worldwide

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Global Protest Tracker | Carnegie Endowment

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BRICS GOLD train leaving the station - Destination Revalue Rd. - LFTV Ep 169 | Youtube

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We are living in challenging times. I hope this song brings peace to people at the end of a troublesome week.

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Stablecoins Get a Seat at the Table: US Senators Unveil New Regulations | Bitcoinist

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Senate Stablecoin Bill Would Override SEC Crypto Accounting Bulletin | Thomson Reuters

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According to Berckmans, the draft bill’s most significant feature is its broad legitimization of stablecoins on public chains, particularly Ethereum, where a significant majority of stablecoins are minted. “My initial read is that the bill is extremely bullish and legitimizes Ethereum like never before. The bill broadly legitimizes stablecoins on public chains in America, where 59% of all stablecoins are minted on Ethereum, rising to 93% when excluding centralized platforms like Tron,” he stated.
Bitcoinist

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$300 SANDWICHES AND $2,000 SILVER -- Bix Weir  |  Bitchute

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Using trusts to protect your assets | Wolter Skluwer

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Follow the FACTS and do not be fooled by people scamming for attention.  Ask them for proof. Just another wannabee trying to ride on a successful, brilliant persons coat-tails!

This is 100% a LIE. Be careful on what people say, and who you follow.  There IS ONLY ONE Goldilocks, and they are with SOWT exclusively!!

Ask them to post in the Goldilocks room as YOUR proof.

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Someone is claiming another person to be me, my friends.

If my information is not put in this room first, you will know that their information is not from me.

Just check the differences in our information and who says it first, and you will know who the scammer is.

Better yet, just come to this room to look for my information.

A lot of people are just using my name to drive numbers to their room and make money off of you. This is not my agenda.

I do not get paid for anything I share, and I will not turn your name in later for a paid email list.

Be careful who you follow.

© Goldilocks

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Thank you Dinar Recaps

“Iraq News” Posted by Clare at KTFA Friday 4-19-2024

KTFA:

Clare: Iraq’s prime minister on building a stronger relationship with the United States

FRI, APRIL 19, 2024 • 2:30 PM ET

1030 15TH ST NW

12TH FLOOR

WASHINGTON, DC 20005

AN #ACFRONTPAGE EVENT—Mohammed Shia’ Al-Sudani, the prime minister of Iraq, discusses his state visit to the United States.

https://youtu.be/gcEWYgmd5vc

Clare: Al-Sudani: Iraq is witnessing a new reality today in the private sector

4/19/2024

Prime Minister Muhammad Shiaa Al-Sudani met today, Friday, with an elite group of Iraqi businessmen residing in the American state of Michigan, as part of his official visit to the United States.

The businessmen reviewed their companies' specializations and businesses, and expressed their willingness to be in Iraq to pursue and participate in investment opportunities available in various sectors and contribute to building their country.

Al-Sudani stressed, during the meeting, that Iraq is witnessing a new reality today with regard to the private sector, explaining a series of practical steps taken by the government and the facilities it granted to the private sector. He also pointed out what has been accomplished at the level of financial and banking reform, which has increased the percentage of contracts that comply with the standards. The global rate reached 80% according to reports of international institutions.

He touched on the government's important projects in the field of the pharmaceutical industry and the housing sector, pointing to the start of establishing new residential cities, which include the construction of tens of thousands of housing units, the job opportunities they provide for young people, and the revitalization of the construction sector and dozens of related professions.

The Prime Minister urged Iraqi businessmen to seize the available investment opportunities and bring production lines to laboratories and factories in various specializations, noting that Iraq’s budget for the three years included, for the first time, providing sovereign guarantees to the private sector, in addition to establishing the Iraq Fund for Development, which will work with this. The sector is implementing vital and important projects, which contribute to moving the wheel of the economy and implementing the government’s vision for sustainable development and a strong and prosperous Iraq.  LINK

Ryan1216:  It’s not over until it’s over but It looks and feels like our train will come into the station at any moment now …. IMO. Thank you Frank and teams

DeepWoodz:  MOU’s and Sovereign Guarantees…..impossible without sovereign currency that has purchasing power. 

We’ve learned that Iraqs contracts have recently been adjusted so that payment is made in dinar. (I think I’m quoting that properly). If so, contracts in the billions with many foreign entities paid in dinar, would require assurances that the exchange rate would not move in a negative direction after contracts have been agreed to. It may even go so far as to give an exchange rate. 

If the rate were to move negatively, the foreign contractors would lose out because the value of the agreed upon amount in reflection to their home currency would also be less. That’s a no go. 

Im only reasoning this out in my head. Thoughts? Sounds freakin fantastic. 

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Clare:  Al-Sudani: Iraq is a country full of opportunities and its projects amount to 400 billion dollars

4/18/2024

Prime Minister Muhammad Shiaa Al-Sudani met on Thursday with a number of members of the Iraqi community in the city of Houston, Texas, USA, where he learned about their conditions and listened to their proposals and proposals, all of which serve the service of their country.

The Prime Minister indicated, in his speech, the government’s keenness to communicate with members of the Iraqi community everywhere, stressing the need for their capabilities and competencies in all fields, and announcing the imminent creation of a department for expatriates linked to the Office of the Prime Minister, for the purpose of following up on the conditions and requirements raised by members of the Council of Ministers. Iraqi communities.

He stated that Iraq today has regained its health, and is proceeding with confidence in the development taking place in the right direction, especially after the victory of the Iraqis through their brotherhood and cohesion over ISIS terrorism, a battle that united all segments of the Iraqi people and moved the country towards stability and development.

Al-Sudani stressed that Iraq today is embarking on the field of reconstruction, development, and completion of infrastructure, an image that may not reach the entire outside world, in addition to the economic and social renaissance that the country is witnessing.

He explained that his current visit to the United States comes to establish the foundations of partnership and permanent bilateral relationship between the two countries, in accordance with the sustainable interests of the two peoples, and that the government today has been able to achieve an advanced percentage in the government program, in a way that enhances the citizen’s confidence in the performance of the service and official agencies, strengthens the factors of stability, and pushes development projects and government priorities towards completion, implementation, and achieving the aspirations of citizens.

The Prime Minister stressed that Iraq is a country full of opportunities, and the size of the projects, as certified by international organizations, amounts to 400 billion dollars. At the end of his speech, he praised the Iraqi community in America, which he described as important and qualitative, and we are proud of its contributions and expect it to contribute to the reconstruction and prosperity of Iraq.   LINK

Clare:  Al-Sudani meets an elite group of members of the Iraqi community at the Iraqi Chaldean Center in the US state of Michigan

4/19/2024

Prime Minister Muhammad Shiaa Al-Sudani met, at dawn today, Friday (Baghdad time), with a number of members of the Iraqi community, who met at the Iraqi Chaldean Center in the city of Detroit, in the American state of Michigan.

Al-Sudani reiterated the government’s pride in all members of Iraqi communities everywhere, with their affiliation to their homeland, Iraq, across all spectrums, and with the initiatives they offer towards building the state, which prompts the government to communicate more with the community, especially as it carries the competencies, capabilities, and capabilities. Many human beings, in various scientific and humanitarian disciplines.

Al-Sudani pointed out that growth in Iraq is on track to achieve the priorities identified by the government in its programme, many of which have been achieved within a year and a half of the government’s life, in addition to adhering to the democratic system and the principles of freedom and human rights protected by the Constitution in many of its articles.

In his speech, Al-Sudani touched on the Iraqis’ victory over ISIS gangs, and the growing capabilities of our armed forces of all types, which was based on the cohesion of the Iraqi people despite all failed terrorist attempts to incite hatred among Iraqis. He reaffirmed respect for the authentic Christian component within the fabric of Iraqi society, and that the state A protector of this rich diversity in Iraq, and committed to supporting brotherhood, tolerance, coexistence, and everything that instills security and stability for the people of Mesopotamia throughout Iraq.

At the conclusion of the visit, Al-Sudani toured the center and viewed its permanent exhibition, which reflects the cultural, heritage and civilizational features of the Christian component in Mesopotamia. He also met with a number of Iraqi families residing in the diaspora.  LINK

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Clare:  Iraq’s prime minister heads to Michigan to meet Arab Americans at a tense time for the Middle East

by: JOEY CAPPELLETTI and TAREK HAMADA, Associated Press

Posted: Apr 18, 2024

LANSING, Mich. (AP) — The leader of Iraq will travel to Michigan on Thursday following a sit-down with President Joe Biden to meet with the state’s large Iraqi community and update them on escalating tensions in the Middle East following Iran’s weekend aerial assault on Israel.

Iraqi Prime Minister Mohammed Shia al-Sudani’s trip to both Washington and Michigan to discuss U.S.-Iraq relations had been planned well before Saturday’s drone and missile launches from Iran-backed groups. The visit has been thrust into the spotlight as tensions in the region escalate following the strike, which included drone and missile launches that overflew Iraqi airspace and others that were launched from Iraq by Iran-backed groups.

Michigan holds one of the largest populations of Iraqis in the nation and many local Democrats have pushed back against U.S. support for Israel’s war in Gaza following the Hamas attack on Oct. 7. The state holds the largest concentration of Arab Americans in the country.

The Iraqi prime minister is expected to land in the Detroit area Thursday evening and be met by local leaders, including Wayne County Executive Warren Evans and Assad I. Turfe, a deputy Wayne County executive. He will then travel to a mosque in Dearborn Heights to meet with Iraqi community members and officials to give an update on his meeting with Biden talking about the economic relations between Iraq and the U.S., according to Mohammed Al-mawla, a community member involved in the planning.

There are just over 90,000 residents in Michigan of Iraqi descent, the largest of any state, according to the most recent U.S. Census. In Wayne County, home to the cities of Detroit and Dearborn, 7.8% of residents identified of Middle Eastern and North African ancestry, alone or in any combination, the highest percentage of any U.S. county.

The concentration of those residents in the outskirts of Detroit has led to multiple visits to the area from officials engaged in Middle Eastern relations.   LINK

Coffee with MarkZ and Mr Cottrell. 04/19/2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Coffee with MarkZ and Mr Cottrell. 04/19/2024

Member: Happy Friday to all. May this be the weekend we are all waiting for.

Member: I have been wondering for months if we will ever get an RV. All we seem to get is good news about an RV. No real action.

Member: it will happen it’s just the when... We see too much evidence that says it’s going to happen it’s just when... I have no doubt that it will happen… I’m just frustrated about timing

Member: Hopefully Sudani or the CBI announce the rate change next week!!

Member: I hear EO 13303 not expired until May 13th, 2024

MZ: Let’s think about this. If it was your job to make certain that the timing was clouded. Would you not extend that executive order???? Of course you would . This is not a concern.

MZ: This is like picking up a Kuwaiti paper the morning of the RV, and reading 3 different articles about how they cannot change their value yet. Of course this is what they are going to do.

MZ: I am getting some stunning confirmations of final bond meetings between now and Monday. I am extremely stoked on what that has impact-wise on this adventure. To me this means we are well underway and past the point of no return. But, this does not mean I know the timing. But it is stunning the amount of confiramations I am receiving on those final meetings, contracts and dollars…….

MZ: Buckle up guys. We are clearly hitting the final days. .

Member:  bond people going quiet is a good thing just waiting for out turn

Member: Why is your bond info different now than in the past?

MZ: “Final contracts” is the biggest difference. This is the first time we are seeing this happen with final contracts and actual money attached to it….. We have been hearing it was going to happen…but this is the first time we see it happening right now…..Before we heard talk with no action…..now we are seeing some action-which is exciting for me……..

MZ:  I was told the first 1% would be paid out in fiat …So I am not concerned we are starting to see this. Then the change to gold/asset backed for the final payments and us.

Member: Sounds like they may have spendable money next week?

MZ: “ Last year the Federal Reserve had unrealized losses of $948 Billion on its bond holdings.” In other words the fiat system is already broken. We are experience the dying twists, gasps ect….

MZ: In a Tucker Carlson interview about the economy-- he says “Nothing is going to work except a “RESET” –Nothing will fix things except a “RESET”   I think he might be in a better level of “know” then the rest of us. He has recently traveled the world and met with leaders of BRICS countries. He might be on to something- Right? This interview released on April 1tth at 6PM.est…Feels good to see it talked about by people in the know.

Member:  I saw an article that China has forgiven all bond debts of Zimbabwe

Member: Zerohedge posted on X that the Vietnam State Bank says they are about to intervene in the FX market...

Member: Is there still a chance Iraq will go alone?

MZ: I think it’s a slim chance. But at this point I am just not hearing they are going solo.

MZ: Some of you folks shared this one and you are awfully concerned….“How  RV currency and Bond Exchange rate will work”  Overall I like this article. Quote: “Significant (High)  RV exchange and redemption rates come down to establishing a gold standard ,global core trade currency (or stablecoin) that is directly convertible into IQD, VND, Zim and so on…”

MZ: It has been explained to me over and over that it all won’t go at once. Yes….We can exchange- but that money is tied up in the “oil for dinar program” It will be redeemed back to the original country (Iraq) over time….in exchange for discounted oil. I was told specifically it will be over a 50 year time span.

MZ: So I found the article spot on – in many ways the perfect article….…but, they missed that one key piece.

Member: So we exchange at redeeming banks…..the banks send our dinar or foreign currency to the US Treasury who holds it and uses it to buy discounted oil from Iraq over 50 years……got it. .

Member: Another day closer to our BIG DAY!!

Member: do we have to pay taxes on our foreign currency?

Member: Noone knows.s….everyone is guessing…..Prepare for the worst and hope for the best.

Member: I wonder if there’s a possibility that we will have to wait until after the election. Is it possible?

Member: I wonder if the 4B RV will kick off when Sudani Returns To Iraq in the next day or two?

Member: Mark, thanks as always for all you bring to this community.

Member: May this road come to the fork soon so we can move into the rebuilding phase.

Member: Dear God - May this be our final Friday with Mr C. before he releases the codes so we can move onward to bless others and enrich our own lives. Amen.

Mod:  THERE WILL BE NO MARKZ BROADCAST THIS EVENING.

Mr. Cottrell and CBD Guru’s join the stream today. Please listen to the replay for their information and opinions.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

NO PODCAST TONIGHT!!!!!!    THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL SATURDAY MORNINGFOR NEWS @ 9:45 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

REMINDER GUYS! NO"LIVE" PODCAST TONIGHT! MARK MAY UPLOAD A RECORDED PODCAST! GO TO THE INTEL ROOM FOR UPDATES! THANKS

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=96EsOhCuG9M

News, Rumors and Opinions Friday AM 4-19-2024

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.

Restored Republic via a GCR: Update as of Fri. 19 April 2024

Compiled Fri. 19 April 2024 12:01 am EST by Judy Byington

Global Currency Reset: (RUMORS)

Wed. 17 April MarkZ: The Bond Folks have expectations of things starting before Mon. 22 April.

Tues. 16 April Wolverine Live Chat: By Mon. 22 April a lot of countries will be gold backed.

Thurs. 18 April Bruce: The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#

A Wells Fargo Paymaster in Tier 3 reported that Bond Holders would receive their emails to set their exchanges anytime after midnight Central Standard Time tonight- tomorrow morning Fri. 19 April.

He also said Tier4b (Us, the Internet Group) would receive our emails to set exchange appointments on Sat, Sun or Mon. 20, 21, 22 April, with appointments starting thereafter.

Two older men who worked for the US Treasury under President Reagan said that in their opinion Tier4b would receive their emails to do exchanges on Fri. or Sat. 19, 20 April.

A Bank Contact told Bruce that Tier4b would be notified over the weekend, meaning Fri, Sat. or Sun. 19, 20, 21 April.

The new Dinar and other currency International Rates of the 32 nations which were going up in value, would be public when the Forex reopened at 5 pm EST on Sun. 21 April.

It would be preferable to go to a Redemption Center to exchange rather than a bank because of the higher rates offered at a Redemption Center. Zim Bonds could only be redeemed at a Redemption Center.

Charlie Ward made an announcement in Brazil today Thurs. 18 April and will make another one in Africa in a couple of days. It was assumed that announcement was about activation of GESARA Worldwide.

Global Economic Crisis:

Stock Market Crash Is Here: https://x.com/leadlagreport/status/1781146408805941503?s=46
1) Iran attacks Israel.
2) Oil spikes.
3) Israel counter-attacks Iran. 
4) Oil in Yen spikes.
5) The Bank of Japan panics to save the Yen.
6) Treasuries initially sell-off hard then reverse.
7) Reverse carry trade.
8) Global margin call.
9) Stocks crash.

Thurs. 18 April: Banking Crisis Worsens: https://beforeitsnews.com/economy/2024/04/bank-stocks-fall-as-banking-crisis-gets-worse-jamie-dimon-know-the-economic-ninja-3109493.html

“More than 40 states are applying for membership in BRICS. And every month the number of such countries increases. This indicates that such a free, flexible form of interaction within the BRICS is very attractive ,” the politician said. https://tvbrics.com/news/v-sovete-federatsii-zayavili-o-40-stranakh-zhelayushchikh-vstupit-v-brics/

Tues. 16 April Frank 26: “There are many Chief Executive Officers of many banks around the world at the US Treasury meeting right now with Sudani, Alaq, Barzani and CEOs of CitiBank, Chase Bank, Bank of America, JP Morgan, Merrill Lynch and all investment companies you can think of. This [Iraqi] entourage is here in the United States to meet with their counter parts.”

Thurs. 18 April: Royal Bank of Scotland to Close 1/5 of Branches: https://news.stv.tv/scotland/royal-bank-of-scotland-to-close-a-fifth-of-branches-with-100-jobs-at-risk

Thurs. 18 April: Brace for S&P 500 to Crash: https://finance.yahoo.com/news/brace-p-500-crash-30-183832380.html?guccounter=1

Thurs. 18 April JPMorgan Chase announces it is selling 80 million customer transaction histories to third party advertisers: https://www.newstarget.com/2024-04-18-jpmorgan-chase-80-million-customers-targeted-advertising.html

Read full post here:  https://dinarchronicles.com/2024/04/19/restored-republic-via-a-gcr-update-as-of-april-19-2024/

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

Militia Man   [Iraq] is now in a security and stability and debt free state and now they're going into a state of expansion on their economic reforms, development programs, sustainable development...all of the things we've been talking to you about are coming to fruition.  They're not going to do that at 1310...

Frank26  Article:  "After 21 years of the dollar auction... Iraq is close to closing the window amid reassurances and warnings"  This is so powerful.  The closing of the auction windows is the end of those that were stopping the monetary reform...

When Gold & Commodities Explode, Currencies Implode w/ Bill Holter

The Market Sniper:  4-18-2024

https://www.youtube.com/watch?v=3GSSx3T9xHY

U.S. Economy Is Heading For BANKRUPTCY

Sachs Reality:  4-18-2024

The U.S. economy is heading for a disaster! Out of control deficit spending typically indicates a recession.

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

MilitiaMan: Iraqi Dinar - Private Sector - Economic Stability - Financial Reform - Al Sudani - Deals - Contracts

Iraqi Dinar - Private Sector - Economic Stability - Financial Reform - Al Sudani - Deals - Contracts

MilitiaMan and Crew:  4-18-2024

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

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

https://www.youtube.com/watch?v=XWqk-B9sKy4

Goldilocks' Comments and Global Economic News Thursday Evening 4-18-24

Goldilocks' Comments and Global Economic News Thursday Evening 4-18-24
Good Evening Dinar Recaps,

Watch XRP! It is the coin that moves all coins. Once the SEC and Ripple case is settled, look for the QFS System to be given the green light to move forward.

© Goldilocks

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In order to be on an even playing field with other currencies around the world, the EU has raised their Capital requirements.  It was discovered in 2023 that many of the currencies they were currently trading with were no longer in sync.

These foreign exchange risks were discovered in the second half of last year. This has led the European Banking Authority’s (EBA) to reduce the number of correlated currencies they were trading.  Europe is a major player, and to compete Globally has forced them to reset their currency Market pairs.  Risk

© Goldilocks

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WASHINGTON (Reuters) - "U.S., Japanese and South Korean finance leaders agreed to consult closely on foreign exchange and market developments in a trilateral meeting on Wednesday, they said in a joint statement issued by the U.S. Treasury Department."

These meetings are becoming more and more frequent. As we get closer to Global regulations on cryptocurrency through MICA, the new digital economy will reset a lot of prices across all sectors of the markets.

Our tokenized assets are as these words imply. These digitized assets are now supported by commodities. Our Stablecoins representing our countries' currencies are backed by gold.

Everything is about to be backed by gold. It is the bridge into the next economy as it has been throughout history when we have crossed over from one economic world to another.

Our ability to adapt to these changes will signify a willingness to live in the New World. It is a mind, body, and soul transformation. Time is getting close. Be ready.  US News

© Goldilocks

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"On Tuesday, April 16, Bybit published a new report, providing a detailed analysis of the Bitcoin halving event set to take place this month. The crypto firm disclosed that the Bitcoin reserves within the world’s crypto exchanges have been depleting at a rapid pace, leaving only nine months of BTC supply left on exchanges."

This new trend is expected to drive the price of Bitcoin up. The more scarce it becomes, the more valuable it will be in the short run.

Bitcoin has been known to drive prices up in the cryptocurrency world. As we shift into a digital economy, there are new cryptocurrencies that will begin new protocols inside this new digital framework.

Their connection to Bitcoin will help raise their value going forward. As new demands are placed on these new digital assets that will move our Global Economy, it will be the demand for them in the future that will begin to place price pressures on their existence based on their use case scenarios.

Our world is clearly in transition, and the more we learn about it the better off we can be in integrating our lives into it.

We are in the process of carving out a path into this new digital asset-based trading system. It will change us in ways many of us did not anticipate.

Staying focused and intentional about your new place in the world will be a vital step and becoming a part of it.   News BTC

© Goldilocks

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"Gold at Historical Highs as Mid-East Tensions Persist; Pound Rises on UK CPI Data" | Investing

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Banking Announcement:

"JP Morgan is setting out to potentially disrupt its own foreign exchange overlay business with a new execution method that allows clients to place multiple dealers in competition for trades, while using the bank’s credit standing to secure the best price." | FX Markets

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Vietnam Stock Market Sharp Drop IQD Rate Flux Haiti's Progress Gold  Prices | Youtube

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Press Release
SEC’s Division of Investment Management to Host Second Annual Conference on Emerging Trends in Asset Management   SEC

Conference topics will include:
Trends in Asset Management Products and Strategies:

* Asset Management Trends: Past,
* Present and Future
* Technology-Driven Trends
* Regulatory Perspectives

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Ripple Vs. SEC Saga: CLO Provides Clarity On Next Steps In Lawsuit | Bitcoinist

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HONG KONG BITCOIN ETFS TO TRADE BY APRIL 30TH: REPORTS

Hong Kong's hotly anticipated spot bitcoin ETFs are expected to launch by end of April, potentially yielding up to $25 billion in capital inflows according to industry analysts. | Bitcoin Magazine

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A MESSAGE FROM ISAAC

I will have two big meetings Monday to know how close we are , process is advancing so we are getting close , I will update Monday, blessings .

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Iraq: Over 14 Agreements Signed Between Iraq and US BREAKING NEWS from Congres | Youtube

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Iraq Economic News and Points to Ponder Thursday Afternoon 4-18-24

 Iraq Economic News and Points to Ponder Thursday Afternoon 4-18-24

Tlm724 Administrator Bondlady’s Corner

Parliamentary Finance Calls For “Confining The Dinar In The Hands Of The State”

Politics     Parliamentary Finance     Iraqi dinar  2024-04-17 05:36  Shafaq News/ The Parliamentary Finance Committee pointed out, on Wednesday, the problem of the lack of cash “Iraqi dinar,” calling for “confining the dinar to the state.”

 Committee member Hussein Moanis told Shafaq News Agency,

 “The House of Representatives voted on the tripartite budget law and required the government to send the schedules for approval,” indicating that

 “the delay in sending the schedules to Parliament did not affect the operational budget.” He pointed out that "there is no specific date for approving the budget schedules in the Council of Ministers and sending them to the House of Representatives," indicating "a real problem with the lack of cash (the Iraqi dinar)." 

He pointed out that  "the Parliamentary Finance Committee is working to develop specific methods to process and provide cash and confine it to the state through   

     adopting the electronic card,

      strengthening the work of banks, and

     presenting documents to achieve cash abundance in the market." Mu'nis concluded by saying,

"There is no trust between the banking system and the citizen, and the lack of trust has caused the cash currency (the Iraqi dinar) to be stored in the homes of citizens, which has caused it to be lost and not naturally available in the market."

A member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, said on March 27, 2024, that the Iraqi government raised the total amount of the budget law from 199 trillion dinars to 228 trillion dinars in the 2024 budget.

While a member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, said in an interview with Shafaq News Agency on February 27, 2024, that Finance Minister Taif Sami informed the members of the committee during her hosting, yesterday, Monday, of the imminent sending of the budget law schedules to the House of Representatives.    https://shafaq.com/ar/سیاسة/المالية-النيابية-تدعو-لـ-حصر-الدينار-بيد-الدولة   

Prime Minister: It Is Not Possible To Work In Any Development Sector Without Reform Steps For The Banking Sector

 Wednesday 17, April 2024 19:34 | Political     Number of readings: 381  Baghdad / NINA / Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Wednesday, that

it is not possible to work in any development sector without reform steps for the banking sector.

A statement from his media office stated that Al-Sudani received at his residence in the American capital, Washington, this evening, Wednesday, (Baghdad time), the President of JP Morgan Bank, Masha Klovksi, and his accompanying delegation.

 During the meeting, according to the statement, the   government’s efforts to implement reforms were discussed. Finance and banking, in light of the path it is pursuing towards improving the economic situation and achieving development, in addition to discussing the

government’s measures to develop the government banking sector, through its contracts with major international consulting companies specialized in banking reform, and

encouraging private banks to open accounts with foreign banks to become banks Correspondent, according to a plan aimed at dispensing with the electronic platform at the end of this year.”

Al-Sudani stressed, according to the statement,

      that it is not possible to work in any development sector without reform steps for the banking sector, and the

      necessity of continuing the dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions.

For his part, Klovsky praised the efforts of the Iraqi government in Activating, developing and qualifying government and private banks, and their procedures in the field of providing assistance to private Iraqi banks, stressing his support for the activities of the Iraq Fund for Development and its readiness to provide expertise and assistance in the field of training, cooperation and partnership.” /End 2

 https://ninanews.com/Website/News/Details?key=1121694     

Finance Committee: Great Satisfaction With The Results Of The Prime Minister’s Discussions In Washington

 Political    Yesterday, 12:24   Baghdad – INA   The Parliamentary Finance Committee announced today, Wednesday, its great satisfaction with the results of the Prime Minister’s discussions in Washington.

 The head of the Parliamentary Finance Committee, Atwan Al-Atwani, said in a statement received by the Iraqi News Agency (INA):

 “We are following with great satisfaction the results of the discussions of the Iraqi delegation currently visiting Washington, headed by Prime Minister Muhammad Shiaa Al-Sudani.” Al-Atwani affirmed his

 "full support for the positive understandings that resulted from the Sudanese meeting with the American President within the framework of the shift in the relationship between the two countries from the security and military aspects to the areas of development, reconstruction, economy and investment."  Al-Atwani welcomed

 "the US President’s announcement of the United States’ commitment to supporting Iraq to reform and develop its financial and banking system and paving the way for Iraqi banks licensed to deal directly with approved international correspondent banks, in a way that contributes to linking Iraq to the international economic system."  Al-Atwani pointed out,

"We are all confident and proud of the Iraqi negotiating delegation," expressing his hope that "these discussions will be a new beginning to achieve a true partnership between the two countries in various political, security, and economic fields in a way that achieves well-being, prosperity, and stability for our country."     https://www.ina.iq/207013--.html    

Meetings In The American Chamber Of Commerce Between The Iraqi Private Sector And The American Banking Sector

 Wednesday 17, April 2024 08:06 | Economical     Number of readings: 300   Baghdad ( NINA ) - On the sidelines of the visit of Prime Minister Muhammad Shia al-Sudani to the United States of America, meetings were held in Washington at the American Chamber of Commerce between the Iraqi private sector and the American banking sector to support long-term projects in Iraq.

 This is the first time that the Iraqi government supports the private sector with bonds to qualify it to negotiate with the American side.    https://ninanews.com/Website/News/Details?key=1121546

The Prime Minister Unveils A Law To Address The Challenges Of The Private Sector And The Volume Of Exchange With America

 Political     Today, 09:21  Baghdad – IA   Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani announced the introduction of a law to address the challenges of the private sector, and while

 he indicated that 80% of transfers are proceeding in accordance with international standards, according to the US Treasury Department,

 he confirmed that Iraq is moving for the first time towards establishing a fixed platform to receive liquefied gas.

 A statement issued by the Prime Minister’s Media Office, received by the Iraqi News Agency (INA), stated that

 “Prime Minister Muhammad Shiaa Al-Sudani met in Washington, on Wednesday evening (Baghdad time), a number of heads and representatives of major American companies, in a session held by the Chamber of Commerce. "American". 

The statement added,  "The meeting included a dialogue session with the attendees, where the Prime Minister explained a number of questions that were raised during the meeting, related to the investment environment in Iraq and the facilities provided by the government to the private sector."

During the meeting, the Prime Minister sponsored "the signing ceremony of a number of memorandums of understanding between the Ministries of Electricity and Oil and the Iraq Fund for Development, with American institutions and companies.

 Similar memorandums of understanding were also signed between the Iraqi private sector and American companies in the fields of energy and the pharmaceutical industry."

 The Prime Minister pointed out, during his speech,

 “the openness of the investment environment in Iraq to attract reputable international companies, to participate in the economic renaissance and infrastructure projects that Iraq is witnessing, in addition to the package of financial, banking and administrative reforms that the government initiated and a high percentage of which was completed during the year.” And half a year old.”

 Al-Sudani said during the signing ceremony of memorandums of understanding with major American companies:

“The outcome of the discussions and understandings with the American side was the necessity of continuing to develop bilateral relations in various economic, social and security sectors.”  He added:

 "We agreed to

     strengthen the relationship,

      stimulate the private sector, and

      support the work of American companies in Iraq," stressing that

 "Iraq is witnessing remarkable stability despite the challenges in the region, and

we are working to distance it from hotbeds of conflict and escalation." He explained,

"The government has made important strides in economic reforms and implementing major projects that contribute to solving problems.

We have also presented to Parliament a law that addresses the challenges facing the private sector." He pointed out,

"According to the US Department of the Treasury, 80% of transfers are in accordance with international standards, and we are working to complete the remaining percentage," adding,

"We have completed the unified treasury account and the integrated banking system, modernizing collections and customs reforms, and redirecting support in the right direction." He stressed,

"Our support for the private sector is an approach we are following, and

 for the first time we have granted sovereign guarantees to it to support projects," pointing out,

"The Iraq Fund for Development aims to involve the private sector, and addresses bureaucracy and routine for entering companies." He pointed out,

"Conducting tax and administrative reforms related to registering company branches, to provide an attractive investment environment," explaining that

 "the volume of exchange between Iraq and the United States does not exceed 10 billion dollars." He stressed,

 "Developing a comprehensive vision for the optimal investment of oil and gas, and the sixth round of licensing related to natural gas fields, is being presented for the first time," noting that

"there is a plan to reach gas self-sufficiency and stop imports within 3-5 years." He pointed out

 “introducing integrated projects in 6-8 fields throughout the governorates, according to a model for developing oil, using associated gas, and establishing an electrical station and a petrochemical industry in the same location,” explaining that

 “Iraq is moving towards establishing a fixed platform to receive liquefied gas for the first time, and

this is an opportunity presented.” In front of American companies and other companies.” He pointed out,

 "A contract was signed with KBR  to prepare a preliminary study on the fixed platform, for the purpose of receiving and exporting gas in the future."    https://www.ina.iq/207070--.html   

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

"Iraq News" Posted by Clare at KTFA Thursday 4-18-2024

KTFA:

Clare:  Al-Sudani arrives in Houston to complete his visit to the United States

4/18/2024

Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani arrived in Houston to complete his visit to the United States.

Our correspondent said, "The Sudanese arrived in the state of Houston to complete his visit to the United States."

Last Saturday, Prime Minister Muhammad Shiaa Al-Sudani began a visit to Washington, DC, at the invitation of US President Joe Biden.   LINK

Clare:  Al-Ardawi: The Sudanese government seeks to liberalize the Iraqi dinar and stabilize the economy

4/17/2024

The political analyst, Abbas Al-Ardawi, confirmed that the visit of Prime Minister Muhammad Shia Al-Sudani to Washington came to liberalize the Iraqi dinar and stabilize the economy.

Al-Ardawi said {to Al-Furat News} that: “The visit comes in a very heated situation and everyone is awaiting its outcomes, and the Sudanese carries a large team of economists and investors and carries ideas and projects that move towards consolidating the relationship with the American side and transferring it from the process of guardianship to friendship and opening files and outlets through which the relationship can be framed.” "In a way that allows Iraq to assume its pivotal role in the region." 

He added, "Everyone realizes the importance of Iraq from all aspects and the necessity of it standing on its feet after 20 years of political conflict."

Al-Ardawi continued, "The Sudanese government seeks to invest and attract investors and is moving seriously towards the path of development and trying to transfer the scope of the problems in the region through conferences it held in the region or that preceded this meeting, and the necessity of moving the region from a stage of conflict to a stage of dialogue."

Wafaa Al-Fatlawi   LINK

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

Clare:  Al-Sudani stresses the necessity of dialogue with the US Treasury, the Federal Bank, and the International Monetary Fund

4/17/2024

The Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, stressed on Wednesday the necessity of continuing the dialogue with the US Treasury, the Federal Reserve, and the International Monetary Fund.

This came while Al-Sudani received, at his residence in the American capital, Washington, the President of JPMorgan Bank, Masha Klovksi, and his accompanying delegation, according to a statement received by Shafaq News Agency.

The meeting witnessed a discussion of the Iraqi government’s efforts to implement financial and banking reforms, in light of the path it is taking towards improving the economic reality and achieving development, as well as discussing the government’s measures in developing the government banking sector, through its contracts with major international consulting companies specialized in banking reform and encouraging banks. To open accounts with foreign banks; To be correspondent banks, according to a plan aimed at dispensing with the electronic platform at the end of this year.

Al-Sudani stressed that it is not possible to work in any development sector without reform steps for the banking sector, stressing the need to continue dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions.    LINK

Clare:  Sudanese reveals the volume of exchange with America

4/18/2024  Baghdad

Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani announced the introduction of a law to address the challenges of the private sector, and while he indicated that 80% of transfers are proceeding in accordance with international standards, according to the US Treasury Department, he confirmed that Iraq is moving for the first time towards establishing a fixed platform to receive liquefied gas.

A statement issued by the Prime Minister’s Media Office, received by Al-Iqtisad News, stated that “Al-Sudani met in Washington, on Wednesday evening (Baghdad time), with a number of presidents and representatives of major American companies, in a session held by the American Chamber of Commerce.”

The statement added, "The meeting included a dialogue session with the attendees, where the Prime Minister explained a number of questions that were raised during the meeting, related to the investment environment in Iraq and the facilities provided by the government to the private sector."

 During the meeting, the Prime Minister sponsored "the signing ceremony of a number of memorandums of understanding between the Ministries of Electricity and Oil and the Iraq Fund for Development, with American institutions and companies. Similar memorandums of understanding were also signed between the Iraqi private sector and American companies in the fields of energy and the pharmaceutical industry."

The Prime Minister pointed out, during his speech, “the openness of the investment environment in Iraq to attract reputable international companies, to participate in the economic renaissance and infrastructure projects that Iraq is witnessing, in addition to the package of financial, banking and administrative reforms that the government initiated and a high percentage of which was completed during the year.” And half a year old.”

Al-Sudani said during the signing ceremony of memorandums of understanding with major American companies: “The outcome of the discussions and understandings with the American side was the necessity of continuing to develop bilateral relations in various economic, social and security sectors.”

He added: "We agreed to strengthen the relationship, stimulate the private sector, and support the work of American companies in Iraq," stressing that "Iraq is witnessing remarkable stability despite the challenges in the region, and we are working to distance it from hotbeds of conflict and escalation."

He explained, "The government has made important strides in economic reforms and implementing major projects that contribute to solving problems. We have also presented to Parliament a law that addresses the challenges facing the private sector."

He pointed out, "According to the US Department of the Treasury, 80% of transfers are in accordance with international standards, and we are working to complete the remaining percentage," adding, "We have completed the unified treasury account and the integrated banking system, modernizing collections and customs reforms, and redirecting support in the right direction."

He stressed, "Our support for the private sector is an approach we are following, and for the first time we have granted sovereign guarantees to it to support projects," pointing out, "The Iraq Fund for Development aims to involve the private sector, and addresses bureaucracy and routine for entering companies."

He pointed out, "Conducting tax and administrative reforms related to registering company branches, to provide an attractive investment environment," explaining that "the volume of exchange between Iraq and the United States does not exceed 10 billion dollars."

He stressed, "Developing a comprehensive vision for the optimal investment of oil and gas, and the sixth round of licensing related to natural gas fields, is being presented for the first time," noting that "there is a plan to reach gas self-sufficiency and stop imports within 3-5 years."

He pointed out “introducing integrated projects in 6-8 fields throughout the governorates, according to a model for developing oil, using associated gas, and establishing an electrical station and a petrochemical industry in the same location,” explaining that “Iraq is moving towards establishing a fixed platform to receive liquefied gas for the first time, and this is an opportunity presented.” In front of American companies and other companies.”

He pointed out, "A contract was signed with KBR to prepare a preliminary study on the fixed platform, for the purpose of receiving and exporting gas in the future."   LINK

"Tidbits From TNT" Thursday Morning 4-18-2024

TNT:

CandyKisses:  The team accompanying the Sudanese in Washington: America will hand over to Iraq the antiquities looted in 2003

Mawazine News – Baghdad

Team member confirmed Accompanying Prime Minister in Washington Aideh Al-Hilali, that America will hand over Iraq antiquities which was looted in 2003.

Al-Hilali said, in A televised interview followed by Mawazine News that "the agreements signed by the Prime Minister Mohammed Shia Al-Sudani, with the United States of America during his visit to Washington was at a high level of importance that serves Iraqi interests."

He added that "Iraq plays an important role politically and economically in the region and can play an important role To make calm in the region and bring points of view closer, especially that the region is living in security conditions Engaged, pointing out that America found a strong Sudanese government."

He pointed out that "The American side promised Prime Minister Mohamed Shia al-Sudani to return the antiquities Iraqi looted in the events of 2003, stressing that Iraq signed with a specialized American company in the manufacture of agricultural sprayers and other international companies."

Tishwash:  Details of the memorandums of understanding signed by Iraq and America

Al-Masala publishes the memorandums of understanding that were signed yesterday evening, Wednesday (Baghdad time), in Washington with American companies, in a ceremony that took place under the auspices of the Prime Minister, Mr. Muhammad Shiaa Al-Sudani:

First/ Government memorandums of understanding:

1. A memorandum of understanding between the Ministry of Electricity and General Electric Company (GE) in the field of developing the energy sector.

2. A memorandum of understanding between the Ministry of Oil and Hanwell Company, to conclude a partnership in the field of developing strategic plans for oil fields and associated gas.

3. A memorandum of understanding between the Ministry of Oil and General Electric in the field of developing oil fields and associated gas.

4. A memorandum of understanding between the Iraq Fund for Development and the American company MACK for engines and equipment, in the field of manufacturing specialized vehicles.

Second: Memorandums of understanding signed by the Iraqi private sector with American companies:

1. Memorandum of understanding with Baxter International Company for cooperation in the field of dialysis supplies.

2. Memorandum of understanding with the American company KBR to develop oil fields. 3. Memorandum of understanding with KBR in the field of processing primary gas and converting it into liquid and associated gas.

4. A memorandum of understanding between the National Bank of Iraq (NBI) and the American International Financial Development Corporation.

5. Agreement with Trans Atlantic Petroleum Company in the field of developing and managing oil fields.

6. A memorandum of understanding with the American company Hanwell in the field of developing associated gas fields and stopping its burning.

7. A memorandum of understanding with the American company Hanwell for development, automation, and remote control and control services.

8. A memorandum of understanding with the American company Baker Hughes in the field of using smart solutions. To stop burning gas and develop and maintain oil fields.

9. Memorandum of understanding with Emerson Company in the field of technology and automation in oil fields.

10. Memorandum of understanding with GE in the field of supporting the oil industry.

11. Memorandum of understanding with Ark Energy Company in the field of manufacturing associated gas.

12. Memorandum of understanding with Emerson Company in the field of energy development and equipment provision.

13. Memorandum of understanding with GE in the field of providing equipment for treating associated gas in generating electrical power.

14. An agreement with Hanwell Company in the field of developing and maintaining oil fields and stopping gas burning.

 Media Office of the Prime Minister

April 18, 2024   link'

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

CandyKisses: On the table of parliament are 150 bills awaiting a vote. And the dialectics need consensus

Baghdad Today - Baghdad

Today, Thursday (April 18, 2024), a member of the Parliamentary Legal Committee, MP Omid Mohammed, confirmed the existence of 150 draft laws on the table of the standing committees of the House of Representatives.

Mohammed said in a statement to "Baghdad Today", that "his committee is following up on draft laws and amendments put forward by the standing committees in the House of Representatives, which amount to 150 laws so far," adding that "controversial laws need political consensus, but the file of the presidency of the Council in light of the lack of resolution of the vote on a candidate for it reflects negatively on the file of legislation Laos.

He called for "the need for the State Administration Coalition to have positive steps in this direction in order for the current legislative term to be fruitful in the direction of resolving many laws and their amendments."

He stressed "the need to proceed with the legislation of controversial laws, including general amnesty, service and others without political consensuses that contribute to securing sufficient votes to vote on them, and this needs to resolve the rest of the files in order to proceed with them," pointing out that "the resolution of the law for people with disabilities and voting on it 3 days ago represents an important step during the legislative term of the Council to resolve the rights of an important segment."

Parliament is expected to hold a session for today, after postponing in its last session the vote on the draft law on the first amendment to the Iraqi Housing Fund Law No. (32) of 2011, and postponing the vote on the draft law on the first amendment to the Property Claims Commission Law No. (13) of 2010, where the House of Representatives completed the first reading of the draft law on the accession of the Republic of Iraq to the Convention on the Elimination of Violence and Harassment in the World of Work, as well as the report and discussion of the draft law regulating renewable energy.

Mot ... Silly ""Opal"" -- Right!!!! t

Mot: . Sum Mor insight into Raising the Wee Folks - frum ole ""Mot"" of course!

Goldilocks' Comments and Global Economic News Late Wednesday Evening 4-17-24

Goldilocks' Comments and Global Economic News Late Wednesday Evening 4-17-24
Good Evening Dinar Recaps,

Gold Standard Announcement:

"Russian gold exports have stopped since the start of this year after new exchange-rate-linked duties, Danil Volkov, director of the finance ministry’s tax policy department, told the  Federation Council, the upper chamber of parliament."

This year, Russia is in process of abolishing their export duty on gold. This is a government tax on goods leaving the exporting country. It is collected by the customs authorities.

A gold-exchange rate-linked duty is a monetary system where a nation's gold can be converted into bills of exchange such as the Ruble. Such moves open the door to a Gold Standard.

Citizens in Russia are already making currency to gold and vice versa exchanges at their local bank.

When this is fully implemented, we will begin to see a ripple effect of other countries seeing the advantages of such a trade especially as countries begin to form free trade agreements fully putting an end to tariffs and aligning their gold with local currencies. This will go a long way to leveling the playing field. 

Is Bretton Woods 3 about to make an announcement?

WATCH THE WATER.

© Goldilocks

Mining   Wikipedia   Study Smarter   Book Airfreight   Britannica

~~~~~~~~~

Gold Exchange Standard: Definition, Impact & History |  Study Smarter

~~~~~~~~~

LUMMIS, GILLIBRAND INTRODUCE BIPARTISAN LANDMARK LEGISLATION TO CREATE REGULATORY FRAMEWORK FOR STABLECOINS

Below is a link to the full version of what is being voted on...   Lummis Senate 

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UPDATE MESSAGE FROM SAM OLIVER 

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Zimbabwe and Iraq News Posted by TNT Members 4-17-2024

TNT:

Harambe:  IMF ready to work with Zimbabwe | PE News 4-17-24

 International Monetary Fund (IMF) managing director Ms Kristalina Georgieva yesterday said they remain committed to working with Zimbabwe to ensure economic stability and the success of the re-engagement with the international community.

She said this in a post on X after participating in a discussion on Zimbabwe’s economic developments and update on the arrears clearance and debt resolution process in Washington DC ahead of the IMF-World Bank Spring Meetings that start today, ending Friday.

“Productive discussion at the Zimbabwe roundtable with donor partners,” she said.

“The IMF stands ready to work with the Zimbabwean authorities to restore macroeconomic stability and re-engage with the international community, which are essential for accessing external financing.”

The roundtable was attended by a number of top officials, including African Development Bank (AfDB) president Dr Akinwumi Adesina, who is also the champion of Zimbabwe’s Arrears Clearance and Debt Resolution process and former Mozambique President Joachim Chissano, who is the high-level facilitator of the process.

In his address, Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube said Zimbabwe’s total public and publicly guaranteed debt stock is estimated at US$21,1 billion, comprising external debt of US$13 billion and domestic debt of US$8,1 billion.

“Zimbabwe is currently in debt distress due to the accumulation of external debt payment arrears amounting to US$6,7 billion,” said Prof Ncube.

“The external debt overhang is weighing heavily on the country’s development needs due to lack of access to international financial resources to finance Zimbabwe’s economic recovery and priority projects and programmes, under the National Development Strategy 1: (2021-2025) (NDS1).”

In December 2022, Government established a Structured Dialogue Platform as part of it’s Arrears Clearance, Debt Relief and Resolution Strategy, with all creditors and development partners in order to institutionalise structured dialogue on economic and governance reforms to underpin the Arrears Clearance and Debt Resolution process.

Prof Ncube told delegates that since then, there has been commendable progress with the Structured Dialogue Platform, with growing consensus and confidence in the process, promoted by a transparent and inclusive consultative process.

Since December 2022, five Structured Dialogue Platform meetings were held in Harare, including a High-Level Debt Resolution Forum.

Prof Ncube said the meetings have been focusing on the following strategic three pillars; economic growth and stability reforms; governance reforms; and land tenure reforms, compensation of former farm owners and the resolution of Bilateral Investment Protection and Promotion Agreements (BIPPAs).

Prof Ncube said as a sign of commitment to the engagement and re-engagement process, Government was making quarterly token payments to International Financial Institutions.

The World Bank Group has received US$1 million, taking cumulative payments made to date to US$70 million.

The AfDB Group has received US$500 000, taking cumulative payments to date US$37,4 million, while the European Investment Bank has received US$100 000, taking the cumulative payments made so far to US$5,6 million.

“Government is also making quarterly token payments of US$100 000 to each of the 16 Paris Club bilateral creditors (cumulative token payments made to date are US$12,7 million,” said Prof Ncube.

Turning to the economy, he said Zimbabwe has successfully implemented an IMF Staff Monitored Programme, established a competitive foreign exchange rate regime, ended quasi-fiscal operations at the central bank, brought macroeconomic stability, tight monetary policy and sound fiscal management and ensured availability of social protection for all, among others.

Prof Ncube said negotiations were underway for a broad Staff Monitored Programme framework, adding that the programme is “critical for Government to establish a track record of policy implementation and pave the way for Arrears Clearance and Debt Resolution, including an IMF financial arrangement”.

In terms of the food situation, he said developments during the first three months suggest a difficult year ahead owing to a severe drought attributed to EI-Nino, with serious implications on the agriculture and energy sectors, as well as the rest of the economy.

Prof Ncube said Zimbabwe has already declared the drought a National Disaster and is seeking support of the international community, including from the World Bank and the AfDB, among others.

https://positiveeyenews.co.zw/2024/04/17/imf-ready-to-work-with-zimbabwe/

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

Tishwash: Al-Sudani stresses the necessity of dialogue with the US Treasury, the Federal Bank, and the International Monetary Fund

Shafaq News/ The Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, stressed on Wednesday the necessity of continuing the dialogue with the US Treasury, the Federal Reserve, and the International Monetary Fund.

This came while Al-Sudani received, at his residence in the American capital, Washington, the Chairman of JP Morgan Bank, Masha Klovksi, and his accompanying delegation, according to a statement received by Shafaq News Agency.

The meeting witnessed a discussion of the Iraqi government’s efforts to implement financial and banking reforms, in light of the path it is taking towards improving the economic reality and achieving development, as well as discussing the government’s measures in developing the government banking sector, through its contracts with major international consulting companies specialized in banking reform and encouraging banks. To open accounts with foreign banks; To be correspondent banks, according to a plan aimed at dispensing with the electronic platform at the end of this year.

Al-Sudani stressed that it is not possible to work in any development sector without reform steps for the banking sector, stressing the need to continue dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions.

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

CandyKisses:  Political praise for Sudanese’s visit to Washington: It will improve the atmosphere and improve relations

Mawazine News - Baghdad,

A researcher in political affairs, Atheer Al-Sharaa, today, Wednesday, praised the visit of Prime Minister Muhammad Shiaa Al-Sudani to Washington, pointing out that this visit will improve the atmosphere and improve relations between the two countries.

Al-Sharaa said in an interview with Mawazine News: "This visit is a ray of hope and a glimmer of success that is relied upon by rational people inside and outside Iraq, and that it will turn the political situation upside down."

Al-Sharaa condemned, "Some politicians obstructing the government's steps, considering these actions to stop the process of government success that is to be achieved."

He stressed that “foreign policies are working seriously to improve and improve the type of relationship between them and America and neighboring countries, indicating that America considers that it was the one who liberated Iraq, noting that “there is a media trying to put an end to the American presence in the country.”

He continued, “There must be a necessity Dealing with the United States and its allies from other countries according to the priority of the national interest, forgetting all other considerations, pointing out that this visit will succeed according to the agenda and will improve the type of relationship between Baghdad and Washington, considering the birth of a new phase.”

Tishwash:  Parliament welcomes American support for Iraqi banks by dealing directly with international banks

Today, Wednesday, the Parliamentary Finance Committee welcomed American support for Iraqi banks licensed to deal directly with international banks.

Committee Chairman Atwan Al-Atwani said in a statement received by Al-Rabaa: “We are following with great satisfaction the results of the discussions of the Iraqi delegation currently visiting Washington, headed by Prime Minister Muhammad Shiaa Al-Sudani,” stressing “full support for the positive understandings that resulted from Al-Sudani’s meeting with the American President within the framework of the transformation in the relationship.” "Between the two countries, from the security and military aspects to the areas of development, reconstruction, economy and investment."

He added, "We welcome the US President's announcement of the United States of America's commitment to supporting Iraq to reform and develop its financial and banking system and paving the way for licensed Iraqi banks to deal directly with accredited international correspondent banks, in a way that contributes to linking Iraq to the international economic system."

He continued, "We are all confident and proud of the Iraqi negotiating delegation, and we hope that these discussions will be a new beginning to achieve a true partnership between the two countries in various political, security and economic fields in a way that achieves well-being, prosperity and stability for our country."  link

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Tishwash:  Al-Sudani receives in Washington the Chairman of JPMorgan

On Wednesday, Prime Minister Muhammad Shiaa Al-Sudani stressed the necessity of carrying out reforms in the banking sector in order to achieve development in the country, while pointing out that the government is implementing projects that will achieve sustainable development.

The Prime Minister’s media office said in a statement, seen by Al-Iqtisad News, that “Al-Sudani received, at his residence in the American capital, Washington, the President of JPMorgan Bank, Mr. Masha Klovoksy, and his accompanying delegation, and during the meeting, the government’s efforts in implementing financial and banking reforms were discussed.”

 In light of the path it is taking towards improving the economic situation and achieving development, in addition to discussing the government’s measures to develop the government banking sector, through its contracts with major international consulting companies specialized in banking reform, and encouraging private banks to open accounts with foreign banks to be correspondent banks, according to A plan aims to dispense with the electronic platform at the end of this year.”

Al-Sudani stressed, according to the statement, that “it is possible to work in any development sector without reform steps for the banking sector, and the need to continue dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions.”

For his part, Klovsky praised "the efforts of the Iraqi government to activate, develop and rehabilitate government and private banks, and its procedures in the field of providing assistance to private Iraqi banks," stressing "its support for the activities of the Iraq Fund for Development and its readiness to provide expertise and assistance in the field of training, cooperation and partnership  link