Iraq Economic News and Points to Ponder Monday Afternoon 3-4-24

Iraq Economic News and Points to Ponder Monday Afternoon 3-4-24

Tlm724 Administrator Bondlady’s Corner

A Government Explanation For The Stability Of The Dollar Exchange Rates

Time: 03/04/2024 19:03:44 Read: 2,834 times  {Economic: Al-Furat News} The economic and financial advisor to the Prime Minister, Mazhar Muhammad Saleh, today, Monday, provided an explanation for the stability of the dollar exchange rates in the local market.

Saleh told {Al-Furat News} that: “As long as the trade in importing goods and services for the private sectors and the government or public sectors is financed at the official fixed exchange rate of 1,320 dinars per dollar.”

He added, "It is also carried out through methods of financing foreign trade through the national banking sector, at a rate of more than 95% of the total foreign trade, whether through the compliance platform and the window of the Central Bank of Iraq with regard to private import trade, or through opening documentary credits to finance governmental and private import trade as well."

Saleh stated, “Therefore, the stability in the general level of prices, which is about 4% annually, expresses the state of stability of the exchange rate according to its official value, because the latter expresses the external value of money in the regular or official market.”

The local market has been witnessing stability for some time in the exchange rates of the dollar in the local market, which range between 150 thousand dinars to 149 thousand dinars for 100 US dollars. LINK

Central Bank: Iraqi Society Prefers To Use Cash In Daily Transactions

Ammar Hamad, Deputy Governor of the Central Bank of Iraq  Economy News – Baghdad   The Central Bank of Iraq announced today, Monday, the use of the best internationally approved systems and standards in the field of electronic payment, while indicating that it spends hundreds of millions of dollars annually to develop infrastructure systems to build an important base for the development of electronic payment in Iraq.

Deputy Governor of the Central Bank, Ammar Khalaf, said in a speech at the first Iraqi Digital Economy Forum, “The digital financial transformation in Iraq began with the localization of state employee salaries and the opening of bank accounts, the primary purpose of which is to use electronic payment in daily transactions, whether inside Iraq.” Or outside it.”

Khalaf added, “Iraqi society prefers to rely on cash in daily transactions, but the government’s efforts to support digital transformation, especially in the financial sector and other sectors, gave a strong impetus to the Central Bank over the past year and it continues to encourage and activate electronic payment in Iraq by issuing many Among the laws, controls and instructions that encourage the use of electronic payment in Iraq.

He pointed out that "some ministries responded quickly to the directives of the Central Bank and the Iraqi government, especially the Ministry of Oil by making collections at gas stations and others via electronic payment, as well as the Passports Directorate, which obligated payment to be electronic, in addition to the General Traffic Directorate and other ministries." Stressing that "all this support gives a very strong and significant impetus to electronic payment."

He pointed out that "the Central Bank has been the only influential player for many years, as it has embraced the importance of digital transformation in most of its transactions, and spends hundreds of millions of dollars annually to develop infrastructure systems to build an important base for developing electronic payment in Iraq through the use of the best internationally approved systems and standards in this field." "   229 views 03/04/2024 - https://economy-news.net/content.php?id=41104

Iraq And The United States Are Discussing Measures Taken Against Iraqi Banks

The Ambassador of the Republic of Iraq to the United States of America, Nizar Al-Khair Allah, discussed the measures taken against Iraqi banks and attracting American energy companies to invest in the Iraqi market.

The Iraqi Embassy in Washington stated in a blog post on the (X) platform that “Ambassador Nizar Al-Khair Allah met with the Undersecretary of the Treasury for Terrorism and Financial Intelligence, Brian Nelson, to discuss the measures that were taken against Iraqi banks and their effects on the growth of the banking sector and government economic reforms.”

She added, "Ambassador Al-Khairallah also met with the US Assistant Secretary of State for Energy Resources Affairs, Jeffrey Payatt, and they exchanged views on ways to strengthen bilateral relations between Iraq and the United States," stressing that "the focus was on attracting American energy companies to invest in the Iraqi market and capture burning gas."

https://www.radionawa.com/all-detail.aspx?jimare=37565

Prime Minister's Office: If There Had Been Automation In Taxes, The Theft Of The Century Would Not Have Occurred

Deputy Director of the Prime Minister's Office, Ali Razouki  Money  and business  Deputy Director of the Prime Minister's Office, Ali Razouki, confirmed today, Monday, the immediate establishment of priorities for combating corruption, providing services, and economic reform, while indicating the intention to send about 1,000 students abroad this year.

Razouki said in an interview during the activities of the Al-Rafidain Forum, “The tasks of the Prime Minister’s Office are many and are distinguished by the performance of administrative leaders,” noting that “the ministerial curriculum is intensive.”

He added, "We have begun setting priorities, including combating corruption, providing services, and financial and economic reform, in addition to the issue of youth and providing special opportunities for them, in addition to working to send students on scholarship, and this year we will send nearly a thousand students."

He pointed out that "Baghdad has turned into a workshop and the office has teams to follow up on projects," noting that "some projects were launched in 2008 and were just ink on paper."

He continued, "Today we feel positive reactions from the citizen," noting that "the Prime Minister's Office was interested in cooperating with all ministries, setting priorities, and focusing on hospital projects that will see the light soon, and most hospitals are simulating development."

He continued, "Energies were directed towards the entrances to the cities, in addition to projects to relieve bottlenecks."

He pointed out that if there had been automation in taxes, the theft of the century would not have occurred, especially since we have taken important steps in digital transformation, such as issuing passports and visas.   140 views 03/04/2024 - https://economy-news.net/content.php?id=41102

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

Provoking Points to Ponder on Decisions 

What I emphasize is for people to make choices based not on fear, but on what really gives them a sense of fulfillment.  - Pauline Rose Chance

We lose the fear of making decisions, great and small, as we realize that should our choice prove wrong we can, if we will, learn from the experience.  - Bill W.

History is a stern judge.  - Svetlana Alliluyeva

I get a little angry about this highhanded scrapping of the look of things. What else have we to go by? How else can the average person form an opinion of a girl's sense of values or even of her chastity except by the looks of her conduct?  - Margaret Culkin Banning

You wouldn't want to be caught wearing cheap perfume, would you? Then why do you want to wear cheap perfume on your conduct?  - Margaret Culkin Banning

The difference between weakness and wickedness is much less than people suppose; and the consequences are nearly always the same.  - Lady Marguerite Blessington

http://famousquotesandauthors.com/quotes_by_topic.html                                   

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

Iraqi Dinar Video Updates Monday Afternoon 3-4-24

Iraqi Dinar Video Updates Monday Afternoon  3-4-24

Al-Sudani Big Announcment About IQD Today 2024 – 3:47

CBI Sells Millions Dollar's In Forex Today 2024 – 4:12

WOW VND 4.58$ and IQD 7.39$ Exchange Today 2024 - 3:18

Finally IQD Revaluation Confirmed Massive Update – 2:45

 Al-Sudani Big Announcment About IQD Today 2024 – 3:47

https://www.youtube.com/watch?v=ybEGQNs9f1U

CBI Sells Millions Dollar's In Forex Today 2024 – 4:12

https://www.youtube.com/watch?v=6y-EsNYKnNw

WOW VND 4.58$ and IQD 7.39$ Exchange Today 2024 – 3:18

https://www.youtube.com/watch?v=q0Vw5BVf4uE

Finally IQD Revaluation Confirmed Massive Update – 2:45

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

More News, Rumors and Opinions Monday Afternoon 3-4-2024

BRICS Will Devastate US Dollar & Economy – Bo Polny

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Biblical cycle timing expert, geopolitical and financial analyst Bo Polny predicted last year to “expect the US dollar to go lower and gold, silver and Bitcoin to trend higher, much higher in 2024.” What have we seen so far? Bitcoin and Gold are, once again, flirting with all-time highs, and silver is starting to turn up, too.

 What about the dollar? So far, it is holding steady, but Polny contends the BRICS (Brazil, Russia, India, China and South Africa) are about to put a hurting on the buck. Polny explains, “The game changer is . . . the BRICS are about to attack the US dollar. I don’t care what anybody says, this is going to happen.

The dollar will be dethroned as the world reserve currency. When it is dethroned as the world reserve currency, the bond market will collapse, interest rates will spike and the real estate market will collapse. It will be absolutely devastating to the US economy.

This will fulfill the prophecy of Kim Clement. He said the brothers of Goliath, those are the BRICS nations, ‘we will stand in glee, we will cripple you.’ What does that mean, ‘we will stand in glee’? Didn’t we just see Putin slapping high fives in the United Arab Emirates (UAE) and with everybody over there? . . .

We could see a high probability of a war beginning this March. Why? If you attack the supremacy of the US dollar, it’s an act of war. . . . The dollar will be dethroned as the world reserve currency. It will lose roughly 30% of it’s value, and that will take the USD index down to around the 70’s. Here’s the problem. This is not on millions of dollars of debt like the 1970’s.

We now have leverage, upon leverage, upon leverage with derivative contracts. So, a 30% haircut on derivative contracts (in the quadrillions of dollars) is devastating, devastating to the economy. I have said this before, and I am going to say it again, when the US dollar is dethroned as the world reserve currency, you are going to see Bitcoin blow vertical. This is why even at $60,000 (per unit), it is still a deal. Bitcoin is going six digits. I write this in my newsletter. We have a $100,000 price coming on Bitcoin, and that is just a warmup.

Polny goes on to say, “When the US dollar is dethroned as the world reserve currency, there are three things you want to hold. It’s everything opposite the US dollar. The first thing is God’s money. Number one would be silver, number two would be gold. The third thing is not God’s money, it is Bitcoin. It is going to go absolutely crazy because other countries will not accept the dollar as payment. . . . People are going to want to be paid in something that is real like gold, silver and crypto currencies.”

How high will gold and silver go? Polny says, “Right now, an ounce of gold should equal a Bitcoin. We could see gold and silver blow vertical soon. Gold is not allowed to go above $2,100 per ounce, and silver is not allowed to go above $26. . . . As long as the dollar is the world reserve currency . . . the control mechanism stands. When the dollar loses its world reserve currency status, gold and silver are going to blow vertical. Silver could go up three-fold in a single day, and that only starts the biggest bull market with gold and silver in history.”

In closing, Polny predicts, “You cannot stop what is coming. You cannot stop what is coming. The US dollar will be dethroned as the world’s reserve currency. Billionaires are front-running this trade. You can see it visually with Bitcoin. . . . Bitcoin is front-running what gold and silver are about to do this year. It will be much sooner than later. I think it could begin in March and into April. We are going to see gold and silver do a huge catchup game to what Bitcoin has been doing for years.”

Polny points out, “Keep in mind, when Bitcoin first started, it sold for less than a dollar per unit, and now, it is near all-time highs at around $62,000.”

There is much more in the 50-minute interview.

https://rumble.com/v4gwfrx-brics-will-devastate-us-dollar-and-economy-bo-polny.html

https://dinarchronicles.com/2024/03/04/greg-hunter-w-bo-polny-brics-will-devastate-us-dollar-and-economy/

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

Frank26    Willie Wonka...you get that golden ticket.  I think we got a golden ticket here.   I'm not too sure because it looks like something is going on.

Sandy Ingram   10 weakest currencies in the world:  The value of a currency depends on supply and demand while some are pegged, meaning the currency is valued at an agreed rate.  The foreign exchange rate is an indicator of a country's economic wealth.  #10 The Iraqi dinar - inflation and political instability are the given reasons.  #9 Ugandan shilling (USH)... #8 Paraguayan Guarani (PYG)...land locked in South America #7 Guinean Franc (GNF)... #6 Uzbekistani Som (UZS) 1 USD = 12,501 UZS  #5 Indonesian Rupiah (IDR)  #4 Laotian Kip (LAK)...only land locked country in Southeast Asia.  #3 Sierra Leonean Leone (SLL). #2 Vietnam Dong (VND) #1 Iranian Rial (IRR)

Sana gave his advice about the dollar in the dinar

Nader:  3-4-2024

https://www.youtube.com/watch?v=44NMJNIEK_8

PHYSICAL SILVER! Remains THE MOST UNDERVALUED Financial Asset ON EARTH.

Greg  Mannarino:  3-4-2024

https://www.youtube.com/watch?v=rLcGeHes4VI

What Lies Beneath Monday Afternoon 3-4-24

What Lies Beneath Monday Afternoon 3-4-24

Jonathan Clements  |  Feb 24, 2024 Humble Dollar

MONEY IS A TOOL. But a tool for what? We might imagine it’s simply a way to purchase the goods and services we need or want. But in truth, there are all kinds of things that money can do for us—some worthy, some not so much.

Want to use your wealth more wisely? I think all of us should spend time pondering what money represents to us, how we use it and why we like to have it. Here are just nine of the reasons that folks look to amass money:

1. More options. I’ve heard folks describe their savings as “-— you” money, offering the chance to give the middle finger to the boss whenever work becomes unbearable. Less crassly, others have said money represents “stored energy” or “financial freedom.”

The notion: Even if we aren’t currently putting our money to use, we know we could—and that potential is one of money’s most appealing qualities. I agree, though I’m also aware that the seemingly endless options offered by money come with a catch: As soon as we take advantage of them, our pool of money dwindles, and with it our financial options.

2. Financial security. “You’ve saved all that money. When are you going to spend it?” I’ve long thought “never” was a perfectly fine answer.

Money may represent the financial freedom to purchase all manner of goods and services. But instead of buying things, we can use money to buy freedom from worry. In a world where many—and perhaps most—folks fret constantly about their finances, I think the freedom not to worry about money is one of the top reasons to amass some savings.

3. More time. Research has found that, if our goal is greater happiness, one of the more effective strategies is using money to pay others to do tasks we find distasteful, whether it’s cleaning the house, mowing the lawn, painting the bathroom or whatever else makes our personal list of loathsome tasks.

This strikes me as a wise way to spend money: Time is the ultimate limited resource, and we don’t want to squander it on tasks we loathe. But—fingers crossed—having money should also save us time for another reason: Once we have a healthy sum set aside, we should be able to spend less time worrying about financial issues.

4. Fewer hassles. Money doesn’t just allow us to pay others to do tasks we find distasteful. It can also make life easier and less stressful. Travel is an obvious example. Thanks to money, we might take a taxi rather than a bus, or fly first class rather than economy.

Still, if we aren’t careful, money can have the opposite effect, resulting in even more hassles. For instance, emboldened by our fat financial accounts, we might buy another car or purchase a second home. These additional items might seem like they’d enhance our life. But often, they quickly become a burden, because we now have to care for these possessions, with all the wasted time and hassles that are involved.

https://humbledollar.com/2024/02/what-lies-beneath/

Iraq Economic News and Points to Ponder Monday AM 3-4-24

Iraq Economic News and Points to Ponder Monday AM 3-4-24

Tlm724 Administrator Bondlady’s Corner

Sudanese: Lowering The Exchange Rate Means Giving The Dollar To Illegal Trade

 Politics, |Baghdad Today – Baghdad   Prime Minister Muhammad Shiaa Al-Sudani said this evening, Sunday (March 3, 2024), that lowering the exchange rate means giving the dollar to illegal trade.

Al-Sudani stated during his participation in the opening of the activities of the Al-Rafidain Dialogue Forum in Baghdad, that  "the financial situation in Iraq is at its best and that  commercial transactions are collected through commercial institutions." He added,  "We give the student, the patient, the merchant, the contractor, and the investor the dollar at the official rate." Al-Sudani pointed out that

 "the notes recorded on Iraqi banks from the US Treasury are from the time of previous governments." He pointed out that  "economic reform was one of the most important priorities of the government program." Al-Sudani noted that  "the salaries of employees and retirees constitute the largest cash block in the financial budget."

 It is noteworthy that Iraq relies on the platform for selling currency directly to local banks and companies, which was previously known as the daily dollar auction, as one of the mechanisms for preserving the value of the Iraqi dinar and combating speculative operations in the parallel market.

The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on February 6 that “some groups are trying to stay away from the platform for selling foreign currency in order to evade taxes or customs or the presence of illegal trade,” indicating

“the possibility of meeting all requests for the dollar,” adding that “the bank has no problem.” In offering or selling the dollar. He pointed out that  "the bank is in a comfortable position to respond to requests to buy dollars.

 We have sufficient reserves, and soon we will launch a mechanism to ensure that only real travelers get the dollar."  https://baghdadtoday.news/244006-السوداني-خفض-سعر-الصرف-يعني-منح-الدولار-للتجارة-غير-الشرعية.html

Including Facilitating Legitimate Trade.. Customs Explains The Advantages Of Implementing The Electronic System

 local   Basra - IA - Saad Al-Sammak   Today, Sunday, Director General of the General Authority of Customs, Hassan Al-Ugaili, explained the advantages of implementing the electronic system in the country, while defining the duties of the Authority in three main axes.

 Al-Ugaili said in his speech during the inauguration of customs automation at the Umm Qasr port, followed by the Iraqi News Agency (INA):

 “The efforts of the General Authority of Customs, which were made over several years and with direct support by the Minister of Finance and direct follow-up from the Prime Minister, culminated this day in the electronic system that  We hope that it will cover all the activities of the General Authority of Customs and customs activity.” Al-Ugaili added,

  “The General Authority of Customs is committed to carrying out its duties, which focus on three main axes, the   first of which is facilitating legitimate trade, as the current government has issued a set of decisions that help facilitate legitimate trade, and the  General Authority of Customs is responsible for implementing those decisions, including:

      canceling tax deposits that were collected.” At border crossings, which were obstructing or delaying the completion of customs transactions, as well as

     canceling the import license for most imported materials, and

     reducing duties on some imported materials.” He continued,

"The General Authority of Customs has begun reviewing many procedures and moving towards simplifying procedures.

 Today, the electronic system is one of the tools of the General Authority of Customs to facilitate legitimate trade.

 According to the system, transactions are supposed to be completed in a faster manner and with unified customs procedures, meaning that there will be no discrepancy in procedures between one center and another."

Pointing out that, “Under the system, the discretionary power of the employee will be greatly limited and thus the system will be dealt with, as there will be no role for people’s moods in completing these transactions.”

 He explained that   “the other axis that the General Authority of Customs is working on is protecting or implementing the state’s decisions in the field of restriction and prevention, and  this protects the consumer and society from the entry of prohibited materials,” noting that  “the third axis of the Authority is revenues or collection, as  the system will collect according to Electronic mechanisms that are clear, transparent and announced at the same time, meaning that  they provide real-time data to the decision maker at the level of the Ministry of Finance or at the government level that the revenues received by this body are in the amount and at the moment when the information is requested.” He pointed out that

"the system offers great advantages that we will feel by implementing it, as well as the dealing agents of customs clearance companies and the extent of the benefit achieved from this system in their work, as they can complete customs clearance procedures online."   https://www/ina.iq/204286--.html

On Her First Visit To Iraq, The Vice President Of The International Finance Corporation Seeks To Support The Role Of The Private Sector

 Last updated: March 3, 2024  Independent/- Hala Sheikh Rouhu, Vice President of the International Finance Corporation for the Middle East, Central Asia, Turkey, Afghanistan and Pakistan, is making her first visit to Iraq this week to support the role of the private sector in achieving sustainable development.

 During her three-day mission, Ms. Sheikhrouhu will meet Prime Minister Mohamed Shiaa Al-Sudani and also participate in high-level discussions with government officials and representatives. Meetings will also be held with representatives of the private sector and women entrepreneurs.

This visit confirms the International Finance Corporation's commitment to supporting sustainable economic development in Iraq and its continuation of presenting its initiatives aimed at promoting private sector growth and economic diversification.

The International Finance Corporation has been and continues to be a partner of Iraq in its development journey, having invested and mobilized more than $1.9 billion since 2005 to support the private sector in the country.

 Projects that IFC has supported over the past years include:

 In the field of industry promotion: The International Finance Corporation invested up to $130 million in the Iraqi Doha Cement Industries Company with the aim of promoting energy-saving and climate-friendly technologies, and enhancing the sustainable production of cement clinker, thus creating 2,700 new job opportunities.

 In the field of supporting food security: The International Finance Corporation led a financing package worth $112.5 million for “Turki Agro” company to develop a modern agricultural industrial complex in the port of Umm Qasr in Iraq, with the aim of enhancing production.

 The sweetener consists of soybean flour and soybean oil, which is estimated to contribute to making the production of Sama Al-Manar Company, a subsidiary of Turki Agro Company, in Iraq one of the largest non-oil commodity exports.

 In the area of ​​promoting trade: IFC led a groundbreaking financing package worth $125 million to establish a multi-purpose shipping terminal at Umm Qasr Port in Basra. The project is expected to boost trade,  It improves connectivity with global markets and stimulates economic growth.

Modernization of Baghdad International Airport: The International Finance Corporation signed an agreement to advise the government on structuring a public-private partnership project to rehabilitate, expand, finance, operate and maintain Baghdad International Airport and make its facilities, safety and services compatible with international standards, which will be the first public-private partnership project at an airport in Iraq.

 It is noteworthy that the International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution whose work focuses on the private sector in emerging market countries.

 The Foundation operates in more than 100 countries around the world, using its capital, expertise and influence to create markets and create opportunities in developing countries.

 https://mustaqila.com/في-زيارتها-الأولى-إلى-العراق-نائبة-رئي/

Government Advisor: We Will Transfer Pharmaceutical Manufacturing Technology To Iraq And Produce It Locally With The Same Effectiveness

 Economy    2-03-2024, Baghdad - INA - Muhammad Al-Talbi,  Adviser to the Prime Minister for Industry Affairs and Private Sector Development, Hamoudi Al-Lami, reviewed today, Saturday, the  mechanism for transferring technology for manufacturing medicines that are not produced in Iraq, while confirming that  locally produced medicines will be as effective as foreign medicines and will be sold for a quarter of their value.

Al-Lami said to the Iraqi News Agency (INA):

“The Prime Minister directed the transfer of pharmaceutical technology that is not produced in Iraq, and  it must be through international companies governed by the controls of the Ministry of Health, and the  company must be registered with the Ministry and have international certificates in order to allow the transfer of technology from them.”. 

He added,  "The transfer of technology takes place in three stages over a period of five years.

The first stage begins with secondary packaging from the foreign company and continues for one or two years at most, while

      providing requirements,

     training cadres, and

     preparing supplies.

 Then we begin the manufacturing stage inside Iraq." Al-Lami continued,

“After the end of five years as a maximum, the technology will be completely transferred, by owning the entire pharmaceutical file and manufacturing in Iraq,” warning that,

“The Ministry of Health does not allow tampering with the supply of medicine and then packaging it inside and claiming that it is Iraqi, and strict procedures are applied.” Al-Lami stated,

 "The transfer of technology will bring foreign companies to Iraq as a first stage, and  then we will enter the stage of establishing pharmaceutical factories for those major international companies in the country." He stressed,

 "The Prime Minister's directives stressed that the

   Iraqi medicine must be of the best international specifications and that

   there be competition in price with the foreign medicine, meaning that the

 citizen will take the medicine manufactured locally at a subsidized price of up to a quarter of the foreign value, with the same effectiveness."    https://www.ina.iq/204237--.html

Automation At Border Crossings: Hope For Improving The Economy And Combating Corruption

Last updated: March 3, 2024  Independent/- Since the fall of the dictatorship in 2003, Iraqis have dreamed of transforming the state system from paper to automation through the electronic governance portal.

 Border crossings, customs, and taxation are among the departments that suffer most from corruption and waste, which costs the state treasury huge sums estimated at $7 billion annually.

 Hope in the Sudanese government:

 The Sudanese government gives hope for implementing the automation system in departments and bodies such as border crossings, customs and tax.

Benefits of implementing an automation system:

     Reducing evasion of customs duties and taxes.

     Availability of detailed information on import content.

     Reducing human interference in monitoring, evaluation and demarcation processes.

     Providing a detailed statistical information base on the country’s foreign trade.

    Availability of speed in completing customs transactions.

 Great countries are role models:

 Great countries tend to keep pace with technological progress by following a strategy of reducing expenses and maximizing revenues, and this can only be done by making governance an integral part of the structure of building an institutional state.

 Benefits of implementing an automation system in the customs and border ports sector:

     Achieving stability, economic leaps, and stability at various levels in the short and long term.

     Contributing to reducing the spread of corruption in this joint and cutting the way for waste and tampering with public money.

     Protecting the Iraqi state, society, and economy from prohibited, suspicious, and smuggled goods that are unfit for consumption and use.

 Prime Minister Muhammad Shiaa Al-Sudani’s support for the Customs Authority:

     This support contributed to achieving a significant and clear leap and improvement in the Authority’s work. The Authority’s reports in 2023 show an increase in the revenues of some border crossings that implemented a local electronic system.

 Implementing an automation system at border crossings, customs and taxation is necessary to improve the economy and combat corruption, and the Sudanese government gives hope in achieving this goal.

 https://mustaqila.com/الأتمتة-في-المنافذ-الحدودية-أملٌ-بتحس/

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

Provoking Points to Ponder on Decisions 

Human foresight often leaves its proudest possessor only a choice of evils.  - Charles Caleb Colton

When one bases his life on principle, 99 percent of his decisions are already made. - Anonymous

The best we can do is size up the chances, calculate the risks involved, estimate our ability to deal with them, and then make our plans with confidence.  - Henry Ford

In case of doubt, decide in favor of what is correct.  - Karl Kraus

Each man must for himself alone decide what is right and what is wrong, which course is patriotic and which isn't. You cannot shirk this and be a man. To decide against your conviction is to be an unqualified and inexcusable traitor, both to yourself and to your country, let men label you as they may.- Mark Twain

People "died" all the time. ... Parts of them died when they made the wrong kinds of decisions-decisions against life. Sometimes they died bit by bit until finally they were just living corpses walking around. If you were perceptive you could see it in their eyes; the fire had gone out ... you always knew when you made a decision against life. ... The door clicked and you were safe inside- safe and dead. - Anne Morrow Lindbergh

http://famousquotesandauthors.com/quotes_by_topic.html                                   

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

Iraqi Dinar Today Video Updates Late Sunday Evening 3-3-24

Iraqi Dinar Today Video Updates Late Sunday Evening 3-3-24

US Treasury Confirm IQD Revaluation Massive Exchange Rate$1.30 – 3:18

Chase Bank, Wells Fargo & WTO Hint Iraqi Dinar New Value $4.11 Fully Fixed – 2:55

 US Treasury Confirm IQD Revaluation Massive Exchange Rate$1.30 – 3:18

https://www.youtube.com/watch?v=6ed5SkQV0Ss

Chase Bank, Wells Fargo & WTO Hint Iraqi Dinar New Value $4.11 Fully Fixed 2:55

https://www.youtube.com/watch?v=HClYz5bMLK4

Potential Implications of Mexico’s Interest in Joining BRICS

Potential Implications of Mexico’s Interest in Joining BRICS

How Mexico’s Admission to BRICS Could Impact National Security

By JJ Davis, Danish Zia  Sunday, 3 March 2024,

THE RUNDOWN

Recent proposals by Republicans in the US Congress for military intervention in Mexico’s cartel war have created controversy between the two countries. Mexican President Andres Obrador has stated that foreign intervention will not be welcome and called such suggestions “irresponsible.” As a result, the Mexican government has renewed its interest in joining BRICS, which could lead to trade and diplomatic complexities with the US in the future.

THE BACKGROUND

Mexico is the second-largest economic power in Latin America, with a significant GDP and purchasing power that make it a crucial gateway to the North American market. Despite having differences regarding immigration and trade, both Mexico and the US have maintained a cordial relationship, which has been mutually beneficial. In December 2022, the two countries celebrated 200 years of diplomatic relations that have encompassed commercial, cultural, and educational ties.

However, recent cartel killings of American citizens near the US border have strained the relationship between Mexico and the US. Some Republican members of the US House of Representatives have used this tragedy to call for US military intervention, including the option of invading Mexico to attack the cartels. In response, Mexican President Andres Orbrador deemed the proposal “irresponsible” and stated that Mexico would not permit a foreign power to intervene.

As a result of these repeated calls for US military intervention, Mexico has expressed renewed interest in joining BRICS, an economic partnership between Brazil, Russia, India, China, and South Africa. Although the partnership with BRICS would mainly be economic, it could make the US Congress more cautious in its dealings and statements towards Mexico diplomatically, as well as diversify Mexico’s foreign relations and increase its global influence. Although the BRICS organization does not have any formal criteria for processing or admitting new members, it has stated that it could expand by five countries in 2023. Mexico has previously participated in several BRICS summits as an observer and a guest, putting the country in prime position to be one of the potential five expansion countries.

While joining BRICS could be positive for Mexico economically and globally, it may cause concerns for the US. Having economic and power rivals such as Russia and China with close economic and political ties with Mexico could influence how the US has to deal with Mexico in the future and could provide these rivals with easier access to the US market.

MEXICO – CHINA RELATIONS

Mexico and China have a strong trade relationship, with China making significant investments in Mexico over the past five years. Chinese exports to Mexico rose by 28% between January 2022 and August 2022, making China Mexico’s second-largest import partner after the US. More than 1,200 Chinese companies have invested in Mexico, including Ganfeng Lithium, which was granted access to a lithium mine in Sonora.

Initially, President Obrador wanted to review concessions to the mine’s lithium deposits in favor of a nationalized company, but he chose to relax the review process for Ganfeng, creating a mutually beneficial solution. In 2021, over 50% of the $9.08 billion of exports from Mexico to China were ores, and if Mexico were to be admitted to BRICS, the value of ore exports could increase further.

While the trade relationship between Mexico and China has been positive, Mexico has maintained a neutral political stance towards China. However, Mexico has expressed concern about China’s human rights practices, specifically with regards to the treatment of Uighur Muslims in Xinjiang. In 2020, Mexico was among 39 countries that signed a joint statement at the United Nations expressing concerns about the treatment of Uighur Muslims and urging independent observers to investigate the situation in Xinjiang. Despite this, Mexico has maintained a positive relationship with China, and trade has not been impacted.

MEXICO – RUSSIA RELATIONS

Mexico and Russia have developed a strong economic relationship, with Mexico ranking as Russia’s third-largest trading partner in Latin America. The relationship is mainly based on cooperation in the oil and gas sectors. Russian multinational companies such as Gazprom Marketing and Trading Mexico and Rusatom International have invested in Mexico. Gazprom is a state-owned energy company involved in natural gas sales and distribution, while Rosatom is a state-owned nuclear energy company involved in nuclear power plant development and construction in Mexico.

Unlike the US, Mexico has not imposed any sanctions on Russia. The two countries have maintained a positive diplomatic relationship since 1924, when Mexico became the first country in the Americas to establish relations with the Soviet Union. The focus of their relationship has always been on cooperation and advancement of energy and technology.

The positive diplomatic and economic relationship between Mexico and Russia has helped Russia establish a strong presence in Latin America, second only to Brazil. Gazprom’s and Rosatom’s investments in Mexico have strengthened the countries’ economic ties and led to cooperation in the development of energy and technology.

MEXICO RELATIONS WITH OTHER BRICS NATIONS

Mexico has strong trade relationships with China and Russia, but it is also expanding its ties with the other BRICS nations.

India and Mexico have a positive diplomatic relationship and a bilateral trade partnership that covers multiple sectors, including sustainable energy, climate change, and international security.

Mexico also has a bilateral trade relationship with South Africa, but it is smaller than its relationships with other BRICS nations. The two countries have a positive diplomatic relationship and have cooperated on peacekeeping missions and plans to combat climate change.

Brazil and Mexico are the two most economically powerful nations in Latin America and have a long-standing trade and diplomatic relationship. They have even explored the possibility of a free trade agreement to boost their economic vitality. While the two nations have had diplomatic disagreements about globalization, particularly in relation to Venezuela and Colombia, they have always worked together to maintain economic stability.

THE TAKEAWAY

Mexico has had long-standing relationships with all of the BRICS nations, but primarily relies on Brazil, China, and Russia as its economic trade partners. Joining BRICS would further solidify these partnerships and potentially lead to one of these nations overtaking the US as Mexico’s primary trade partner.

China and Russia have been increasing their investments in Mexico, particularly in minerals, energy, and technology. Russia’s state-owned Rusatom International is helping develop nuclear power capabilities in Mexico, which could be of growing concern if Mexico joins BRICS. Having a Russian entity with nuclear power access so close to the US would raise questions for the US government.

China has been slowly attempting to devalue the dollar by having Brazil and India trade in their native currencies, cutting the dollar out as an intermediary currency. With a BRICS membership, China could try to persuade Mexico to do the same, increasing the value of their own currency while impacting the USD’s economic vitality.

However, the US is Mexico’s largest trade partner, and Mexico would not want to risk ruining that relationship. A BRICS membership could potentially guarantee that the US Congress would be more calculated in their statements against Mexico, especially any statements that suggest invasion to dismantle the cartels. A US invasion would harm Mexico’s economy, which would subsequently impact China and Russia. Joining BRICS would provide an extra layer of security for Mexico to ensure the US treats it respectfully, as long as the US does not immediately feel that such an alliance poses an immediate threat to national security.

Source: Strike Source

https://dinarchronicles.com/2024/03/03/potential-implications-of-mexicos-interest-in-joining-brics/

"Coffee With MarkZ" Monday Morning Chat 3-4-2024

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

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member: Good morning my beautiful RV family, Mark Z all mods

Member: Any big news over the weekend’

MZ: I have a lot of sources expecting it to break loose in the next 2 days of this week…hope they are right.

Member: I read there is a big chance of the Iraq RV going by Ramadan on March 10th.

MZ: I can tell you there is a tremendous amount of chatter …there is a big push and many groups expect it by then…but nobody knows the exact timing.

Member:  I am still expecting the first basket to all go at once including Zim!

MZ: the chatter is very encouraging and we see things all coming together. And all the articles from the financial world and banking world point to the need for asset backed currency

Member: Mark did you hear anything on Dinar being traded on FOREX

Member:  Nothing showing on currency converter

Meember: From what I heard it appeared on the forex on the institutional side for about 15 minutes at $2.70 and then went back up to 1310

Member: I saw on the forex non public side last trade of IQD 2.70. so I think that is good news. do you know when Kuwait did that the time frame I thought it was just a few days?

Member: So what I heard, does it make sense that we have to wait for the Forex to start so the whole exchange to begin? That means that the public will know, and really mad, that they didn’t get in on this

Member:  We need to keep in mind that no matter what gurus may claim to know, we all absolutely know that only 10 people really have the true information and they know not to spill the beans.

MZ: Some fun stuff coming from Nader about Al Sudani talking about electronic collections. And streamlining their government …and they do point out that they are stabilizing rates and the financial situation in Iraq is at its best. And how they are better off now then before Sadaam Hussein.  He is laying the groundwork for that currency rate

MZ: From MilitiaMan  over the weekend there was lots of talk about foreign currency trades and smoothing  out the electronic system to be able to do that one…..he goes into price change expectations …..be sure to go watch and share their  videos.

MZ: “Iraq customs begin implementing the ASYCUDA automation system to run the Qsar Port”  This is the same system they use at Baghdad International airport  and other places. It continues to roll out. 

MZ: If you are an Iraqi person right now….they have to be excited that they will soon have more money for goods and services soon.  But it’s got to hurt knowing for all these years the corruption from public officials hat was skimming off the top. These electronic systems will be stopping all of that.

MZ: “ Exclusive: Deutsche Bank to file liquidation suit against Chinese developer Shimao-Sources say”  This occurred last week on Mar, 1st. We are alrady expecting a suit to be filed against Country Garders….and seen one against Evergrande which is moving forward….These are 3 of the top 5 property developers in China.  25% of their GDP is from the real estate sector which has imploded.  This is huge.

MZ: It’s almost as if we are watching the reset in real time.

MZ: “Anne Vandersteele: “Banking Collapse Imminent-The reset has begun”  Effective March 26, 2020- the Federal Reserve board reduced requirement ratios on all net transaction accounts to zero percent eliminating reserve requirements for all depository institutions.”  The near term bank financing disappears in 7 days on March 11th. Or midnight on the 10th is when those things cease to exist. This was a really interesting breakdown by Ms. Vandersteele. On March 11th there will be no more money to loan out and the Fed gets to pick and choose who gets to loan out money and who will collapse.

MZ: I believe the controlled implosion has stated and we are watching it as we speak.

MZ: “The US national debt is rising by 1 Trillion about every 100 days”  or $3 Trillion per year.

MZ: US debt clock.org hosting “The Great Jubilee”  debt to wealth or transformation”. Don’t you love it…somebody is telling us its coming….

​​Member:  Did you hear on Huckabee Friday night he talked about Nesara? During the monolgue he said we need to get rid of income tax and have a flat tax on new products.

​​Member: I feel like a kid on Christmas morning just giddy and really excited

Member: Dear God Let this be our week….

MZ: Our week is starting out with a bang already!!!!!

StacieZ joins the stream today. Please listen to the replay for all her information

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

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

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

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

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

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

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Youtube:     https://www.youtube.com/watch?v=2AcCKsK5Xzw

"Tidbits From TNT" Monday Morning 3-4-2024

TNT:

Tishwash:  UrgentAl-Sudani directs to reduce official working hours (by one hour) during the holy month of Ramadan

The Prime Minister, Muhammad Shiaa Al-Sudani, directed to reduce official working hours (one hour) in all government departments during the holy month of Ramadan.

A government source said in a press statement, “Prime Minister Muhammad Shiaa Al-Sudani directed to reduce official working hours (by one hour) in all government departments during the holy month of Ramadan.”  link

Tishwash:  Integrity: We will reveal big names accused of corruption soon

The head of the Integrity Commission, Haider Hanoun, announced that the commission will reveal major names accused of corruption in the coming days, noting that the government program has given us a great moral boost in the fight against corruption.

Hanoun said, during a meeting within the activities of the Al-Rafidain Forum, that “the government program gave us a strong motivation in the field of combating corruption,” stressing that “major breakthroughs and achievements have been achieved based on the directives of the government program.”

He pointed out, "The Commission launched a campaign (Where did you get this from?), which focused on illicit gain and the sources of funds and their legitimacy. It also directed to activate the national anti-corruption strategy with the ministries, in addition to working with the private sector and civil society organizations."

Hanoun stressed, “We achieved great achievements during the past year, achievements that the Arab and national regions could not achieve.”

He explained, “The work of the Integrity Commission is to diagnose corruption and send corruption files to the judiciary,” adding, “We have not left any case presented to the media without it being verified.”

He pointed out, "Since we assumed responsibility, we have not tolerated political pressure, and we have not responded to any political interference."

Hanoun stressed that “government support gave space to the Integrity Commission,” noting that “the Commission will reveal big names in the coming days.”   link 

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

Tishwash:  Iraq offers itself as a bridge to connect Asia with Europe and Africa via Internet transit

The Ministry of Communications announced, on Sunday, the approval of a number of transit projects linking the continent of Asia to the continents of Europe and Africa via Iraq, as it is a shortcut and safer route in the region.

The ministry’s media said, in a statement received by Shafaq News Agency, that “in order to enhance the vision and direction of the Ministry of Communications to invest in Iraq’s geographical location in international communications traffic, the Ministry’s opinion committee approved in its 139th session a new transit project linking the continent of Asia to the continent of Europe via Iraq, passing through Turkey, while Another transit project linking the continent of Asia to the continent of Africa via Iraq via Jordan was discussed and approved.

According to the statement, Minister of Communications Hiyam Al-Yasiri affirmed “the approach of the Iraqi government and the Ministry of Communications to benefit from Iraq’s strategic location and enter it on the official global map in a way that competes with communications traffic through other international corridors.”

Al-Yasiri stated that "the diversity of transit projects will enhance Iraq's ability to attract international companies to pass their buses through Iraqi territory as it is a shortcut and safer route in the region, as the Ministry worked to create a competitive environment and prepare the technical requirements necessary for the success of these projects and build confidence with international companies to attract them to adopt Iraq as a corridor." For its international communications, especially with the current security challenges that the region is going through.”   link

Tishwash:  Bloomberg”: Oil is approaching its fair price and may jump to $100 per barrel

Bloomberg said in a report published today, Sunday, that Brent crude prices are close to the fair value of about $85 per barrel, while any escalation of the conflict in the Middle East may push the price to above $100, according to recent estimates issued. According to Bloomberg Intelligence, which previously estimated that the average price this year would reach $80.

The agency stated in its report that this increase is the latest, as several investment banks raised their price expectations this year, the most prominent of which was Goldman Sachs, which estimates peak prices at $87 per barrel in the summer, which is $2 more than its previous estimate.

She pointed out that oil prices have been trading in a narrow range near $80 per barrel since the beginning of 2024, as inflation in supplies from the United States and other producers compensated for OPEC+ cuts, amid fears that the conflict in the Middle East may disrupt crude shipments.

At the beginning of this year, Fitch raised its forecast for the price of Brent crude to $80 per barrel from $75 in its previous forecast, compared to an expected average of $82 in 2023.

Bloomberg Intelligence said that tensions in the Middle East and a rise in the geopolitical risk premium, with Houthi militants continuing to attack ships in the Red Sea, may have begun to slowly impact oil prices after the effects of weak economic prospects and a bleak demand picture were overtaken in the past few months.

She explained that hawkish signals from the Federal Reserve, weaker demand indicators in all major regions and declining sentiment were factors that pressured the price, despite limited supplies from the Organization of the Petroleum Exporting Countries (OPEC) amid continued production cuts.

Bloomberg Intelligence also indicated that its expectations for the fair value of the oil price are based on a set of variables that include - but are not limited to - geopolitical risks, inflation expectations, refining margin, inventory and sentiment.

Concerns about recession and slowing demand in the largest oil consuming countries dominated sentiment, despite the risk of further disruption to Russian flows after sanctions imposed by the European Union. Also, "near-term expectations remain unclear, although the gradual recovery in Asian consumption could boost demand and provide support for oil prices."

It is likely that any decrease in spare production capacity - once the OPEC + alliance begins to reduce production cuts - will eventually lead to a rise in oil prices due to panic. OPEC+'s spare production capacity (including Iran) stood at about 6.4 million barrels per day in January, based on Bloomberg data. Excess production capacity is concentrated in Saudi Arabia and the United Arab Emirates, with many other OPEC+ members seeking to increase production when necessary. Saudi production remains at about 9 million barrels per day.

It is estimated that the oil alliance will continue to extend production cuts during the second quarter of 2024, after which they will be gradually and partially canceled starting from the third quarter. This view is in line with Bloomberg's expectations in an attempt to avoid surpluses and support prices.  link

Mot: .... Can Ya Relate!!!! Siiggghhhhhhh!!!!

Mot:  .. So True – LOL

News, Rumors and Opinions Monday AM 3-4-2024

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 Mon. 4 March 2024

Compiled Mon. 4 March 2024 12:01 am EST by Judy Byington

Judy Note: It was my opinion, and I could be wrong, that on Thurs. 22 Feb the Cabal Financial System imploded.

That way everything would be done by Fri. 15 March when it was expected they would announce to the General Public, the Global Currency Reset and return to a gold/asset-backed currencies across the Globe.

Tier4b (us, the Internet Group) could very likely go during that ten days of Exposure. So, doing some deductions on the above information, I expect Tier4b to have notification to set exchange/ redemption appointments at least by next Tues. 5 March.

On Mon. 11 March the Federal Reserve will quit giving loans to the banks, which would close any bank across the Globe not Basel 3 compliant and in the BRICS new Financial System.

“They wanted the 10 days of darkness and RV/GCR done by Fr. 15 March. Agreements have been made. All electronics, WiFi, ATMs will go down. Businesses will be closed. Planes, Trains, Buses will be grounded. We had all better stock up on food and supplies, …777 Time Traveler on X and Telegram Sun. 3 March 2024

Global Financial Crisis:

Thurs. 29 Feb. Putin: “The West is discrediting its own currencies and banking system, while established monopolies in the global economy are crumbling,” Russian President Vladimir Putin said in his annual address to the Federal Assembly on Thursday. https://www.rt.com/business/593419-west-destroying-financial-system-putin/

Sat. 2 March: Fitch Ratings cut NYCB’s credit rating to junk, marking its second downgrade of the bank over the past month. The firm said NYCB’s recent disclosures “prompted a reconsideration” around how adequately it has prepared for potential commercial real-estate losses. https://www.wsj.com/finance/banking/new-york-community-bancorp-names-new-risk-and-audit-executives-10d6b9cc

Fri. 1 March New York Community Bancorp’s stock plunges nearly 30% as CEO exits, bank admits “material weaknesses” in loan oversight. https://www.disclose.tv/id/mi08w2ezzw/

 Who holds US financial assets? While the U.S. national debt becomes increasingly domestic (with the main holders being the Federal Reserve, pension funds, and private American investors), the American stock market is becoming more internationalized. Foreigners hold 57% of the shares. This redirection of foreign money is very convenient for the U.S. authorities – in the event of a stock market crash, all risks will be borne not by the American government but by the investors themselves.

Sat. 2 March: The US commercial real estate crisis just got worse with a pension fund selling its Manhattan building for one dollar! As interest rates continue to hammer on commercial property, more banks and funds are at huge financial risk. The commercial real estate market collapse isn’t over and banks might be taking a brutal hit soon.

Sat. 2 March: Americans now owe $1.13 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York on household debt. Serious credit card delinquencies, or payments 90 days or more late, rose more than 50% in 2023. This is the highest level since 2009. (NBC News)

Sat. 2 March It’s Happening – Operation Storm: https://beforeitsnews.com/opinion-conservative/2024/02/situation-update-its-happening-operation-storm-2024-more-cabal-bankers-oligarchs-disappearing-or-dying-systems-being-exposed-death-rates-continue-to-skyrocket-solar-flash-impending-wt-3686697.html

Read full post here:  https://dinarchronicles.com/2024/03/04/restored-republic-via-a-gcr-update-as-of-march-4-2024/

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

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

PompeyPeter   Yeah, Iraq could come out at 1310 internationally on Forex.  A man could land on the sun or pigs could fly.  In other words the odds are slightly better than those two scenarios but in the opinion of most people it will not happen.  Here's why:  Sudani stated clearly that the dinar was worth more than the dollar and the value of the dinar would be higher than the value of the dollar.  That ain't 1310 to $1.  Secondly, Sudani said Iraqi's dinar would be the solution to the world's financial and economic problems.  Not at 1310 it's not.  Three, if they come out at 1310 it's impossible for the tripartite budget to work.

Militia Man  Merchants will now be able to use the dinar to pay for foreign currency to buy international products...I would imagine there will be changes to Iraq's currency that will be reflective of the real value of the IQD...They haven't been using Iraq dinar at 1310 to purchase other foreign currencies.  They've never done that before at 1310.  Now they're saying they can do that...1310 exchange rate has never been an international exchange rate...That's coming from the Central Bank of Iraq so obviously something is happening  because they've never done it before.  I think it's really good.

BRICS R5 Project: BRICS currency explained

Fastepo:  3-3-2024

The BRICS R5 project aims to create a common currency for the 5 initial BRICS nations, all whose national currencies' names start with the letter "R". The inclusion of Iran, Saudi Arabia, UAE, Egypt, and Ethiopia as new members of BRICS could significantly impact the R5 project, potentially shaping its feasibility, scope, and global economic implications.

The expansion of BRICS, recognized for its geopolitical, geostrategic, and geo-economic implications, particularly with a focus on energy-centric considerations, highlights the diversification and strengthening of the bloc's economic and political influence.

The expanded BRICS group, now including significant states from the Middle East and Africa, introduces a new dynamic to the discussions on de-dollarization and the use of local currencies for international trade. The presence of key energy producers like Saudi Arabia, Iran and the UAE could enhance the group's leverage in global oil markets, potentially influencing the pricing and trading mechanisms of energy products, which might support the development and implementation of the R5 project.

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

Currency Insider Iraqi Dinar - Dong Updates Sunday Afternoon 3-3-24

Currency Insider Iraqi Dinar - Dong Updates Sunday Afternoon 3-3-24

Iraqi dinar rate and special deals revealed – 2:50

Iraqi dinar foreign investors should pay attention – 4:27

Vietnam Dong holders pay attention new rates – 1:22

 Iraqi dinar rate and special deals revealed - 2:50

https://www.youtube.com/watch?v=cDvq1lOodbI&t=45s

Iraqi dinar foreign investors should pay attention – 4:27

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

Vietnam Dong holders pay attention new rates – 1:22

https://www.youtube.com/watch?v=TTvdrZl6cqk