Iraq Economic News and Points to Ponder Sunday Afternoon 3-10-24
Iraq Economic News and Points to Ponder Sunday Afternoon 3-10-24
Tlm724 Administrator Bondlady’s Corner
Prime Minister: We Cannot Witness Reconstruction And Services Without Achieving Stability
Sunday 10, March 2024 19:44 | Political Number of readings: 285
Baghdad / NINA / Prime Minister Muhammad Shiaa Al-Sudani said today, Sunday, that we cannot witness reconstruction and services without achieving stability.
Al-Sudani added in a speech during his meeting with a group of residents and notables of the city’s district in Basra, according to his media office, that “north of Basra is witnessing the existence of projects, some of which are implemented,” pointing out that “fighting corruption is not only the official’s task, but rather requires community awareness.”
He explained, "We must improve the type of service provided to citizens by addressing negatives and corruption," stressing that "we cannot witness reconstruction and services without achieving stability."
Iraq Economic News and Points to Ponder Sunday Afternoon 3-10-24
Tlm724 Administrator Bondlady’s Corner
Prime Minister: We Cannot Witness Reconstruction And Services Without Achieving Stability
Sunday 10, March 2024 19:44 | Political Number of readings: 285
Baghdad / NINA / Prime Minister Muhammad Shiaa Al-Sudani said today, Sunday, that we cannot witness reconstruction and services without achieving stability.
Al-Sudani added in a speech during his meeting with a group of residents and notables of the city’s district in Basra, according to his media office, that “north of Basra is witnessing the existence of projects, some of which are implemented,” pointing out that “fighting corruption is not only the official’s task, but rather requires community awareness.”
He explained, "We must improve the type of service provided to citizens by addressing negatives and corruption," stressing that "we cannot witness reconstruction and services without achieving stability."
He stressed that "the issue of tribal conflicts must end and the state must be supported in performing its duties," indicating that "Iraq today is on the right track."
Al-Sudani concluded by saying: “It is time for the people to enjoy security and stability.”/End 9
https://ninanews.com/Website/News/Details?Key=1112264
The Dollar Stabilizes In The Capital, Baghdad, And Rises In Erbil With The Stock Market Closed
Sunday 10, March 2024 16:57 | Economical Number of readings: 244 Baghdad / NINA / The prices of the US dollar stabilized against the Iraqi dinar in Baghdad, and rose slightly in Erbil with the stock market closing on Sunday evening.
Dollar prices stabilized with the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 150,150 dinars for every 100 dollars, which are the same prices that were recorded this morning.
Selling prices in exchange shops in local markets in Baghdad stabilized, with the selling price reaching 151,250 dinars, while the purchasing price reached 149,250 dinars for 100 dollars.
In Erbil, the dollar recorded a slight increase, as the selling price reached 150,100 dinars per 100 dollars, and the purchase price was 150,000 dinars. https://ninanews.com/Website/News/Details?key=1112211
The Iraqi Market Decides To Launch Trading On Construction Bonds
Money and business Economy News – Baghdad The Iraq Stock Exchange decided to launch trading on reconstruction bonds starting from March 19.
A source in the Iraq Stock Exchange told Al-Eqtisad News that the construction bonds will be traded starting from the Tuesday session, March 19, 2024, and will be in two denominations: 500 thousand dinars, with an interest of 6%, and one million dinars, with an interest of 8%.
He added that the second issuance of reconstruction bonds will be launched for trading in the Wednesday session, March 27, 2024. 03/10/2024 - https://economy-news.net/content.php?id=41322
Integrity: Economic Relations Will Force Countries To Cooperate With Iraq To Recover The Money
Economy | 01:26 - 03/10/2024 Mawazine News – Baghdad The head of the Integrity Commission, Judge Haider Hanoun, announced that one million six hundred and thirty thousand dollars had been recovered out of seven million embezzled by the Director of the Economic Department of the Ministry of Electricity.
Hanoun said in a press conference followed by Mawazine News: “One million six hundred and thirty thousand dollars were recovered out of seven million embezzled by the director of the Economic Department of the Ministry of Electricity.”
He added, "Most of the money stolen was to finance terrorism, and that there is a country that embraces major corrupt people and is trying to distort the work of the Integrity Commission."
He pointed out that "we call on the countries that embrace the corrupt to reveal the accounts to recover the stolen money, as $250,000 was recovered from the convicted former Trebil Customs Director." https://www.mawazin.net/Details.aspx?jimare=243585
Central Bank Sales Exceed $209 Million Today
Sunday 10, March 2024 12:16 | Economical Number of readings: 428 Baghdad / NINA / The Central Bank of Iraq announced, today, Sunday, its total sales of foreign currency through the electronic window.
The window recorded the total amounts of transfers abroad (remittances, credits) of $192,996,584, while the total amount of cash sales amounted to $16,430,000, and the total amount of sales amounted to $209,426,584.
The cash sale price was set at 1,305 dinars per dollar, while bond credits, international settlements for the electronic card, and foreign transfers were set at 1,310 dinars per dollar. /End 11
The Iraqi Stock Exchange Closes Down By 0.93%
Market Economy News – Baghdad The Iraqi Stock Exchange closed, down by 0.93% during the opening of this week’s sessions.
The main index closed at 925.19, while shares traded amounted to more than one billion shares, worth 1.09 billion dinars, through the conclusion of 768 deals.
The shares of the Mosul Dam Tourism Company jumped to 14%, followed by Sumer Bank by 10% and Electronic Industries by 3.95%, while the shares of the International Islamic Bank lost by 18% and the Middle East Bank by 9%. Views 73 03/10/2024 - https://economy-news.net/content.php?id=41321
To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/
Provoking Points to Ponder on Decisions
There are two ways of spreading light: to be the candle or the mirror that reflects it. - Edith Wharton
You cannot have it both ways. - Anonymous
I would sort out all the arguments and see which belonged to fear and which to creativeness. Other things being equal, I would make the decision which had the larger number of creative reasons on its side. - Katharine Butler Hathaway
Of two evils, choose the less. - Anonymous
Of two evils, choose the prettier. - Carolyn Wells
Where bad's the best, bad must be the choice. - Anonymous
Both choices are painful, but only one is therapeutic. - Albert M. Wells
God offers to every mind its choice between truth and repose. Take which you please-you can never have both. - Ralph Waldo Emerson
http://famousquotesandauthors.com/quotes_by_topic.html
http://famousquotesandauthors.com/topics/decisions_quotes.html
5 Things You Should Discuss During Your First Meeting With a Financial Advisor
5 Things You Should Discuss During Your First Meeting With a Financial Advisor
Gabrielle Olya Mon, March 20, 2023
A financial advisor can be an excellent resource to help you make a plan for your money both now and in the future. But if you’re new to this world, you might not know how to make the most of your time during an initial meeting. In today’s “Financially Savvy Female” column, we’re chatting with Jane Voorhees, CFP, director of financial planning at ALINE Wealth, about how to prepare for a first meeting with a financial advisor and what topics you should be discussing.
What To Do Before Your Meeting
Before an initial meeting with a financial advisor, do some research into who they are and how they work. “Go to the advisor’s website and read through it,” Voorhees said.
She recommends looking for the answers to the following questions:
What are the advisor’s credentials (education, professional designations and licenses)?
What is the overall wealth management philosophy that is coming through or being portrayed?
Does the advisor have a team and if so, what role does each team member play?
Does the advisor work as a registered investment advisor (RIA) or do they work under the umbrella of a brokerage firm?
“Understand that RIAs operate under a higher fiduciary standard than broker-dealer firms,” Voorhees said.
5 Things You Should Discuss During Your First Meeting With a Financial Advisor
Gabrielle Olya
A financial advisor can be an excellent resource to help you make a plan for your money both now and in the future. But if you’re new to this world, you might not know how to make the most of your time during an initial meeting. In today’s “Financially Savvy Female” column, we’re chatting with Jane Voorhees, CFP, director of financial planning at ALINE Wealth, about how to prepare for a first meeting with a financial advisor and what topics you should be discussing.
What To Do Before Your Meeting
Before an initial meeting with a financial advisor, do some research into who they are and how they work. “Go to the advisor’s website and read through it,” Voorhees said.
She recommends looking for the answers to the following questions:
What are the advisor’s credentials (education, professional designations and licenses)?
What is the overall wealth management philosophy that is coming through or being portrayed?
Does the advisor have a team and if so, what role does each team member play?
Does the advisor work as a registered investment advisor (RIA) or do they work under the umbrella of a brokerage firm?
“Understand that RIAs operate under a higher fiduciary standard than broker-dealer firms,” Voorhees said.
What To Bring to an Initial Meeting
Once you’ve done some basic research to ensure you feel confident about the advisor you are meeting with, it’s time to set up the meeting. To make the most of this first meeting, come prepared with the proper financial documents.
“Bring investment and bank account statements, insurance policies, statements/details on debts you owe, your most recent tax return and a budget (if you have one),” Voorhees said.
What To Discuss During Your First Meeting With an Advisor
The first meeting is the time to make sure that you and your advisor would work well together, and that they are someone you are comfortable working with. Voorhees recommends asking about the following topics.
To Read More Go To Original Article Here:
https://news.yahoo.com/5-things-discuss-during-first-130017129.html
Thriving in a Broken Financial System | Lyn Alden
Thriving in a Broken Financial System | Lyn Alden Ep.119
The RO Show: 3-9-2024
Let's take a deep dive on the economy, our money system, BITCOIN, and investment ideas with Lyn Alden, macroeconomic analyst focused on monetary systems and energy markets.
"Who Controls The Ledger?"
We talk about the state of the economy and markets, our debt crisis, inflation, liquidity, investing, and markets. We go beyond the headlines and discover what is really going on in the markets and economy.
Massive fiscal spending has mitigated QT and effects of higher rates. Where are we in this economic cycle?
Thriving in a Broken Financial System | Lyn Alden Ep.119
The RO Show: 3-9-2024
Let's take a deep dive on the economy, our money system, BITCOIN, and investment ideas with Lyn Alden, macroeconomic analyst focused on monetary systems and energy markets.
"Who Controls The Ledger?"
We talk about the state of the economy and markets, our debt crisis, inflation, liquidity, investing, and markets. We go beyond the headlines and discover what is really going on in the markets and economy.
Massive fiscal spending has mitigated QT and effects of higher rates. Where are we in this economic cycle?
Are we headed for a recession or stagflation? Want to find out some investing ideas and strategies that can grow and protect our money during these times? You cannot afford to miss this episode!
Chapters:
00:00:00 - Historical Analogies and Unique Situations
00:02:28 - The Global Financial System and Its Imbalances
00:04:39 - The Rising Problem of Interest Expense
00:06:52 - Concerns about Public Debt and Inflation
00:09:14 - The Decline in Purchasing Power and Alternative Forms of Inflation
00:11:40 - The Changing Dynamics of Credit Growth
00:13:43 - The Quantitative Rhyme of the 1920s and 1930s
00:16:06 - Inflationary and deflationary forces during economic crises
00:18:23 - The Fiscal Decade and Global Inflation
00:20:47 - Currency Debasement and Higher Prices
00:23:05 - Investing in Real Assets for Inflation Protection
00:25:26 - Investing in Real Assets
00:27:48 - The Future of Gold and Bitcoin
00:30:07 - Investing in AI Companies
00:32:21 - Valuing Tech Companies and Liquidity in the Market
00:34:37 - Treasury's Liquidity Injection
00:36:51 - Factors Influencing Global Liquidity
00:38:57 - The Fed's Policy on Interest Rates and Inflation
00:41:05 - Liquidity and the Balance Sheet
00:43:17 - Historical Analogues and the Future of Markets
00:45:36 - Investing in Energy Stocks for Inflationary Environment
00:47:48 - Thoughts on a Recession and Emerging Market Landing
00:50:08 - Bitcoin and the Decentralized World
00:52:20 - The Rise of Decentralization
00:54:28 - The Collapse of Fiat and the Coexistence of Bitcoin
00:56:44 - The Global Reserve Currency Comparison
Iraqi Dinar Video Updates Sunday AM 3-10-24
Iraqi Dinar Video Updates Sunday AM 3-10-24
Finally Iraqi Dinar RV Done – 2:39
Iraqi Dinar Big Massive Exchange Rate Today – 2:40
Iraqi Dinar RV Happening Done In 12 Hours – 3:38
Iraqi Dinar Video Updates Sunday AM 3-10-24
Finally Iraqi Dinar RV Done – 2:39
Iraqi Dinar Big Massive Exchange Rate Today – 2:40
Iraqi Dinar RV Happening Done In 12 Hours – 3:38
Finally Iraqi Dinar RV Done – 2:39
Iraqi Dinar Big Massive Exchange Rate Today – 2:40
Iraqi Dinar RV Happening Done In 12 Hours – 3:38
News, Rumors and Opinions Sunday 3-10-2024
KTFA:
Frank26: "BOTH THE MONETARY REFORM EDUCATION & ITS SECURITY WILL CONTINUE POST RI FOR THE STABILITY OF THE MONETARY REFORM.".........F26
Integrity announces the recovery of $1.5 million, one billion dinars, and gold coins
3/9/2024
Today, Saturday, the head of the Federal Integrity Commission, Haider Hanoun, announced the recovery of more than 1.5 million dollars and about one billion Iraqi dinars and gold coins, while revealing a draft agreement to coordinate work with the Integrity Commission in the Kurdistan region.
Hanoun said, in a statement followed by Al-Iqtisad News, that “the authority recovered some amounts in cash, some of them were prevented from being wasted, and others are in the process of being recovered,” pointing out that “some amounts are in Iraqi currency, and others are in dollars.”
KTFA:
Frank26: "BOTH THE MONETARY REFORM EDUCATION & ITS SECURITY WILL CONTINUE POST RI FOR THE STABILITY OF THE MONETARY REFORM.".........F26
Integrity announces the recovery of $1.5 million, one billion dinars, and gold coins
3/9/2024
Today, Saturday, the head of the Federal Integrity Commission, Haider Hanoun, announced the recovery of more than 1.5 million dollars and about one billion Iraqi dinars and gold coins, while revealing a draft agreement to coordinate work with the Integrity Commission in the Kurdistan region.
Hanoun said, in a statement followed by Al-Iqtisad News, that “the authority recovered some amounts in cash, some of them were prevented from being wasted, and others are in the process of being recovered,” pointing out that “some amounts are in Iraqi currency, and others are in dollars.”
He added, "During our annual conference tomorrow, Sunday, we will display a recovered amount of more than one and a half million US dollars, as well as amounts in Iraqi currency of up to one billion dinars, and other amounts, in addition to gold coins."
He pointed out that "the Integrity Commission coordinates work with the Kurdistan Region Integrity Commission, and there is a draft agreement to coordinate joint work, and Integrity as a federal body supervises all governorates," stressing that "the financial disclosure of officials includes all Iraqi officials and employees."
Hanoun called on the Integrity Commission in the Kurdistan Region to “assist with arrest warrants and financial disclosures for officials, so that the Federal Authority can audit them like all officials,” stressing that “everyone is subject to the law.” LINK
************
Frank26: "THE ECONOMIC BOOM OF IRAQ"............F26
Distribution of approximately 6,600 plots of land among employees of the Basra Oil Company
3/8/3034 Baghdad
Today, Friday, Oil Minister Hayyan Abdul-Ghani announced the distribution of 6,598 plots of land among employees of the Basra Oil Company.
A statement from the ministry received by “Al-Iqtisad News” stated that “Abdul Ghani stressed, during the ceremony of distributing land plot bonds to a number of employees of the Basra Oil Company, the keenness of the government and the ministry to provide a free and dignified life for employees of the oil sector who continue day and night in order to sustain and increase oil production and investment.” Optimum for this wealth, in support of the national economy.”
The Minister of Oil added: “Today we have reaped the fruits of sincere efforts over the past period to obtain this large area of land in cooperation with the governorate administration and the concerned authorities to transform it into residential plots of land, and to transform the dream into reality, and ink on paper into reality on the ground, and here we are today.
” We are with you to fulfill what we promised you, and we will not stop there. Rather, we are moving forward to achieve our goal for all workers in oil companies to obtain their entitlement to secure a decent life for them.”
He pointed out that “the total number of residential plots of (Al-Biban) lands that were sorted in the Shatt al-Arab district reached (6598) plots, with (120) plots that conflict with the prohibitions of electricity towers - high voltage (132) V.K. A committee is working to follow up on land ownership.” (Al-Biban) decided to resolve this by approaching the concerned authorities by asking the Electricity Department to remove the encroaching towers.
The committee also approached the Shatt al-Arab Municipality to appropriate the canceled railways that pass through (Al-Biban) District, which is affiliated with the Basra Oil Company. If approval is obtained, it will be added. Approximately (420) residential plots, in addition to the completion of all real estate bonds issued in the name of the Basra Oil Company, and the First Real Estate Registration Department in Basra has expressed its readiness to receive the transactions of the beneficiaries of the Basra Oil Company.”
Abdul-Ghani noted “coordination with the Basra Governorate administration to allocate (40) thousand plots of land for distribution to workers in oil companies in the governorate,” stressing: “Since we assumed the responsibility of the ministry, we have been keen to pay attention to the segment of employees and provide them with the requirements of a decent life, especially the distribution of plots of land.” And residential complexes, and we stressed the inclusion of all workers in the oil sector in accordance with the applicable controls and contexts.”
The Minister of Oil instructed "the administrations of oil companies to expedite the resolution of the issue of lands for affiliates in coordination with the governorate administrations," indicating that he is "personally following up on this issue, which falls within the priorities of the government and the ministry."
For his part, the Director General of the Basra Oil Company, Bassem Abdul Karim, extended his “thanks and appreciation to the Deputy Prime Minister for Energy Affairs and the Minister of Oil for his efforts, endeavors and follow-up in obtaining these lands for the company’s employees,” stressing that “this represents an incentive to provide more work and giving in service of the public interest.” .LINK
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Sandy Ingram Vietnam Dong (VND): The reason for such a low rate is the transition from a centralized economy to a market-based one...We learned [Vietnam had] over 3 million international arrivals in the first 2 months of 2024, an increase of 68.7% year-on-year according to data released by The General Statistics Office.
Militia Man They're not stopping. We don't have a date and rate but we can see the progress is before us...They're gearing to move Iraq to the private sector and to open up to the world...There's going to be money to be made and there's going to be a lot of it...
The Banking Industry & Corporations Explode Into Chaos, As New U.S. Laws Just Passed
Atlantis Report: 3-9-2024
The U.S. banking industry and corporations are currently struggling with an unusual crisis brought about by a new law launched by the Biden administration.
These laws have significantly overhauled the rules and regulations governing the financial sector. They also present considerable challenges and risks for banks and corporations, requiring adherence to stricter standards and exposing them to harsher penalties and liabilities.
This legislation has triggered varied reactions from stakeholders, resulting in chaos and uncertainty within the financial sector.
"Tidbits From TNT" Sunday Morning 3-10-2024
TNT:
Tishwash: Al-Fateh: America is unable to bear the costs of its forces in Iraq
A member of the Al-Fatah Alliance, Aed Al-Hilali, saw that the American side is no longer able to bear additional financial burdens in light of the presence of its military forces inside Iraq, at a time when America is experiencing a difficult economic situation that requires it to reduce expenses.
Al-Hilali told Al-Maalouma, “America seeks to have a strong economic, military, or political influence inside Iraq, but it is no longer able to keep its forces in Iraq.”
He added, "The American military presence inside Iraq costs Washington large expenses in light of the crisis economic situation it is experiencing."
He explained, "America's budget has exceeded 30 trillion dollars, and the presence of its forces outside its country's borders will exhaust the American budget, which will force Washington to negotiate with Baghdad to end its military presence, and turn the page toward balanced relations built on foundations and agreements between the two countries." link
TNT:
Tishwash: Al-Fateh: America is unable to bear the costs of its forces in Iraq
A member of the Al-Fatah Alliance, Aed Al-Hilali, saw that the American side is no longer able to bear additional financial burdens in light of the presence of its military forces inside Iraq, at a time when America is experiencing a difficult economic situation that requires it to reduce expenses.
Al-Hilali told Al-Maalouma, “America seeks to have a strong economic, military, or political influence inside Iraq, but it is no longer able to keep its forces in Iraq.”
He added, "The American military presence inside Iraq costs Washington large expenses in light of the crisis economic situation it is experiencing."
He explained, "America's budget has exceeded 30 trillion dollars, and the presence of its forces outside its country's borders will exhaust the American budget, which will force Washington to negotiate with Baghdad to end its military presence, and turn the page toward balanced relations built on foundations and agreements between the two countries." link
CandyKisses: Ramadan This Year Will Be The Most Difficult For Low-Income People
The head of the Strategic Center for Human Rights, Fadel Al-Gharawi, confirmed on Sunday that the Ramadan 2024 will be the most difficult month for low-income people due to the continued rise in foodstuffs in it.
Al-Gharawi said in a statement received by Earth News, that "a noticeable rise in sheep meat, fish, chicken, rice, sugar, fat, tea and infant formula," noting that "most traders raised these prices a month ago Ramadan without paying attention to the humanitarian conditions of the poor and low-income people."
Al-Gharawi called on "the Prime Minister to launch the Ramadan Karim initiative for low-income people and the poor, provide an integrated food basket throughout the month of Ramadan and ask the security forces to monitor prices in the local market and bring everyone who submits them to the judiciary.
************
CandyKisses: Does the month of Ramadan start on Tuesday? Cloud cover and controversy between specialists
Baghdad Today - Follow-up
The Islamic world is awaiting the announcement of the first day of the blessed month of Ramadan According to the International Astronomy Center, most Islamic countries began the month of Shaban, Sunday, February 11, 2024 AD, and accordingly, most countries will investigate the crescent of the month of Ramadan today, Sunday (March 10), and the central conjunction with this day will occur at nine o'clock in the morning GMT, and the moon will set after sunset in almost all regions of the Islamic world.
Accordingly, many countries are expected to start the month of Ramadan tomorrow, Monday, March 11.
As for the possibility of seeing the crescent on Sunday, "Based on all the criteria for seeing the crescent published in reference scientific research, including the criterion of the Muslim scientist Ibn Tariq, the researcher Votheringham, the researcher Maunder, the researcher Bruin, the Muslim researcher Elias, the astronomical observatorySAAO, the researcher Yallop, and the Muslim researcher Odeh, the crescent is not possible today from anywhere in the Arab and Islamic world, whether with the naked eye or using a telescope, while the crescent can be seen using a telescope from parts of the Americas , especially from Western parts," according to the International Astronomy Center.
Therefore, for countries that require visual sighting of the crescent from somewhere in the Islamic world, these countries are expected to start the month of Ramadan on Tuesday (March 12), according to the same source.
Saudi weather expert Abdullah Al-Osaimi said that it may not be possible to see the crescent of the month of Ramadan today in Qassim, Sudair and northern Riyadh due to cloud cover with light dirt plankton.
However, he added that the atmosphere remains suitable in the eastern region, southern Riyadh, Mecca and Tabuk, adding that he expects tomorrow, Monday, the first day of the month of Ramadan.
Saudi meteorologist Waleed Al-Hogail also published a simulation showing how the crescent of Ramadan can be seen by placing the moon and the sun sunset today.
In the simulation, according to Al-Haqil, the sun will set at 6 or 6 and 4 minutes, and if the weather is clear, it will be possible to see the moon, although there is difficulty, for eleven minutes, and therefore tomorrow. Monday, will be the first day of Ramadan.
It is noteworthy that the Supreme Court in Saudi Arabia had called on Saturday to investigate the sighting of the crescent of the month of Ramadan, this evening, and inform those who see it with the naked eye or through binoculars nearest court
************
Tishwash: “Including fleeing from the dollar.” Revealing the reasons for the rise in gold prices in Baghdad
Salah Nouri told {Al-Furat News} agency, “Gold in general is a commodity for saving, as it is a precious metal, and at the level of central banks it is considered an investment and reserve for the local currency.”
He added, "The increase in gold jewelry that is happening at the present time results from the increase in demand for it. When demand for every commodity increases, its price rises, and so far this is economically logical."
Nouri added, "But more importantly, why has the demand for gold jewelry increased at the present time? I think that the citizen tends to save in it instead of the dollar, and this is a weak reason. It is more likely that traders speculating in the dollar are turning to gold instead of the dollar for reasons of speculation or smuggling, because Individual citizens’ need for gold jewelry is limited to special occasions.”
Meanwhile, an informed source told {Al-Furat News} that one of the reasons for the rise in gold prices was due to “citizens’ weak confidence in banks, so they withdrew the amounts deposited in the banks and turned to gold.”
Local markets in Baghdad are witnessing a rise in gold prices, as the selling price of a gram reached {the mithqal}. 465 thousand dinars. link
Mot: . the Critical Guide!!!!
Mot: . What is Sunday!!!!????
Mot: .... Finally!!!! The car clock is right
MilitiaMan: Iraqi Dinar - Investment Law - Iraq's Executive & Legal Level - Global Attention - Iraq Partnerships
Iraqi Dinar - Investment Law - Iraq's Executive & Legal Level - Global Attention - Iraq Partnerships
MilitiaMan and Crew: 3-9-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraqi Dinar - Investment Law - Iraq's Executive & Legal Level - Global Attention - Iraq Partnerships
MilitiaMan and Crew: 3-9-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraq Economic News and Points to Ponder Saturday Evening 3-9-24
Iraq Economic News and Points to Ponder Saturday Evening 3-9-24
Tlm724 Administrator Bondlady’s Corner
Integrity Announces The Recovery Of $1.5 Million, One Billion Dinars, And Gold Coins
Money and business Today, Saturday, the head of the Federal Integrity Commission, Haider Hanoun, announced the recovery of more than 1.5 million dollars and about one billion Iraqi dinars and gold coins, while revealing a draft agreement to coordinate work with the Integrity Commission in the Kurdistan region.
Hanoun said, in a statement followed by Al-Iqtisad News, that “the authority recovered some amounts in cash, some of them were prevented from being wasted, and others are in the process of being recovered,” pointing out that “some amounts are in Iraqi currency, and others are in dollars.”
He added, "During our annual conference tomorrow, Sunday, we will display a recovered amount of more than one and a half million US dollars, as well as amounts in Iraqi currency of up to one billion dinars, and other amounts, in addition to gold coins."
Iraq Economic News and Points to Ponder Saturday Evening 3-9-24
Tlm724 Administrator Bondlady’s Corner
Integrity Announces The Recovery Of $1.5 Million, One Billion Dinars, And Gold Coins
Money and business Today, Saturday, the head of the Federal Integrity Commission, Haider Hanoun, announced the recovery of more than 1.5 million dollars and about one billion Iraqi dinars and gold coins, while revealing a draft agreement to coordinate work with the Integrity Commission in the Kurdistan region.
Hanoun said, in a statement followed by Al-Iqtisad News, that “the authority recovered some amounts in cash, some of them were prevented from being wasted, and others are in the process of being recovered,” pointing out that “some amounts are in Iraqi currency, and others are in dollars.”
He added, "During our annual conference tomorrow, Sunday, we will display a recovered amount of more than one and a half million US dollars, as well as amounts in Iraqi currency of up to one billion dinars, and other amounts, in addition to gold coins."
He pointed out that "the Integrity Commission coordinates work with the Kurdistan Region Integrity Commission, and there is a draft agreement to coordinate joint work, and Integrity as a federal body supervises all governorates," stressing that "the financial disclosure of officials includes all Iraqi officials and employees."
Hanoun called on the Integrity Commission in the Kurdistan Region to “assist with arrest warrants and financial disclosures for officials, so that the Federal Authority can audit them like all officials,” stressing that “everyone is subject to the law.” 03/09/2024 - https://economy-news.net/content.php?id=41277
Al-Rasheed Bank announces the launch of all types of credit grants
Economy | 10:12 - 09/03/2024 Mawazine News – Baghdad Al-Rasheed Bank announced, on Saturday, the launch of all types of credit grants, while calling on citizens to visit its branches spread across Baghdad and the governorates to obtain advances.
The bank’s media office stated in a statement received by Mawazine News, that “all types of credit available to it have been launched,” calling on “citizens and employees who wish to obtain the specified (advances and loans) to review its branches spread in Baghdad and the governorates and begin promotion in accordance with the instructions and controls it has specified, or Through the bank’s application, which will be available during official working days only.”
He continued, "Citizens wishing to apply for (loan advances) can access the application from their place of work or residence without the need to visit the bank," warning "against dealing with fake pages and private offices that claim to be linked to the bank."
The bank stressed that “the customer’s dealings are direct with the bank and that there is no need for an intermediary or the use of external offices.” https://www.mawazin.net/Details.aspx?jimare=243471
Launching The Baghdad Alliance To Support The Private Sector... And The Founders Confirm: We Seek To Enhance Investment Opportunities In The Capital
Saturday 09, March 2024 21:57 | Economical Number of readings: 451 Baghdad / NINA / It was announced in the capital, Baghdad, today, Saturday, the launch of the “Baghdad Alliance to Support the Private Sector,” which includes a group of business owners, industrialists, civil organizations, and representatives of the private sector in Baghdad Governorate, in order to enhance participation between representatives of the private sector, the central government, the local government, and community organizations.
Al-Madani, with the aim of enhancing the business environment and improving investment opportunities within the capital, Baghdad.
The members participating in the coalition pointed out, through a press statement, that these groups have worked since mid-2023 to study the reality of the private sector, and to evaluate the steps that have been taken at the executive and legislative levels to support the market-oriented economy, “stressing the monitoring of real and serious steps from the governmental and local side to work.” To solve all the challenges facing the private sector.”
He added, "The Baghdad Alliance will work on a set of goals, including representing an advisory body for decision-makers that provides practical recommendations that contribute to formulating policies related to investment and development. The Alliance will also work to create an interactive environment between the allied decision-makers and the private sector to point out problems on the ground." reality and propose practical solutions to it.”
The coalition explained, “The coalition’s primary tasks are to strengthen strategic partnerships between the private sector, the government, and academic institutions to achieve sustainable development,” calling on all interested companies, institutions, and individuals to join the Baghdad Alliance to support the private sector, in order to build a prosperous and developed future./End 5
https://ninanews.com/Website/News/Details?key=1112073
Oil Is Heading For A Weekly Loss Amid Concern About Demand In China
Saturday 09, March 2024 09:14 | Economical Number of readings: 350 Baghdad / NINA / Oil prices fell yesterday evening, Friday, heading to end the week on a decline, in light of continued market concern about Chinese demand for crude despite the OPEC+ extension of production cuts, which led to curbing supplies.
Brent crude futures fell 87 cents, or 1.04 percent, to $82.10 per barrel, and US West Texas Intermediate crude futures fell 96 cents, or 1.2 percent, to reach $77.98 per barrel.
Both benchmarks are heading towards recording a weekly decline, as Brent crude fell by 0.6 percent and West Texas Intermediate by 1.3 percent https://ninanews.com/Website/News/Details?key=1111910
“Slight Stability.” Al-Eqtisad News Publishes Exchange Rates On Local Stock Exchanges
Market Al-Iqtisad News publishes the dollar exchange rates on Iraqi stock exchanges, during today’s trading, Saturday.
Exchange rates stabilized at 150,000 dinars per 100 dollars on the Baghdad and Basra stock exchanges.
As for the governorates of the Kurdistan region, exchange rates did not witness any increase and stabilized at the same level Views 101 03/09/2024 - https://economy-news.net/content.php?id=41275
To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/
Provoking Points to Ponder on Decisions
Here's a rule I recommend. Never practice two vices at once. - Tallulah Bankhead
You cannot serve God and Mammon. - Bible
Between two stools one sits on the ground. - French proverb
When you cannot make up your mind between two evenly balanced courses of action, choose the bolder. - W. J. Slim
When confronted with two courses of action I jot down on a piece of paper all the arguments in favor of each one, then on the opposite side I write the arguments against each one. Then by weighing the arguments pro and con and cancelling them out, one against the other, I take the course indicated by what remains. - Benjamin Franklin
http://famousquotesandauthors.com/quotes_by_topic.html
http://famousquotesandauthors.com/topics/decisions_quotes.html
Currency Insider Iraqi Dinar - Dong Updates Saturday Afternoon 3-9-24
Currency Insider Iraqi Dinar - Dong Updates Saturday Afternoon 3-9-24
Iraqi dinar RV Almost Approved – 2:02
Vietnam Dong Prices Increase Strongly – 1:30
Iraqi dinar on green signal – 2:44
Iraqi Dinar Today Exchange Rates latest – 1:18
Currency Insider Iraqi Dinar - Dong Updates Saturday Afternoon 3-9-24
Iraqi dinar RV Almost Approved – 2:02
Vietnam Dong Prices Increase Strongly – 1:30
Iraqi dinar on green signal – 2:44
Iraqi Dinar Today Exchange Rates latest – 1:18
Iraqi dinar RV Almost Approved – 2:02
Vietnam Dong Prices Increase Strongly – 1:30
Iraqi dinar on green signal – 2:44
Iraqi Dinar Today Exchange Rates latest – 1:18
Goldilocks' Comments and Global Economic News Saturday Evening 3-9-24
Goldilocks' Comments and Global Economic News Saturday Evening 3-9-24
Good Evening Dinar Recaps,
"Senators Cynthia Lummis (Republican) and Kirsten Gillibrand are reported to be finalizing a Stablecoin Bill."
This Stablecoin Bill is moving through the House and Senate as we speak. It will provide the long awaited crypto clarity that we need to pay for the tokenized assets currently expanding and interfacing digital networks inside Protocol 20.
As we have announced before in this room, 90% of the global economy will be tokenized by the end of the year. If you have been accumulating ISO 20022 tokens, you will be holding assets that are already beginning to move into their real value.
Remember, Stablecoins represent a country's currency. At some point, our Stablecoins will be given the green light to move forward. This will put price pressures on many of the currencies we hold.
Several countries have already migrated to the ISO 20022 messaging service that will provide an integrated and universal language service to explain transactions taking place on the QFS.
The back wall date for the ISO 20022 messaging service for countries is to be completed early next year, but the countries who have already migrated will be able to begin utilizing this service as more and more countries come on board. Ledger Insights
© Goldilocks
~~~~~~~~~~
Goldilocks' Comments and Global Economic News Saturday Evening 3-9-24
Good Evening Dinar Recaps,
"Senators Cynthia Lummis (Republican) and Kirsten Gillibrand are reported to be finalizing a Stablecoin Bill."
This Stablecoin Bill is moving through the House and Senate as we speak. It will provide the long awaited crypto clarity that we need to pay for the tokenized assets currently expanding and interfacing digital networks inside Protocol 20.
As we have announced before in this room, 90% of the global economy will be tokenized by the end of the year. If you have been accumulating ISO 20022 tokens, you will be holding assets that are already beginning to move into their real value.
Remember, Stablecoins represent a country's currency. At some point, our Stablecoins will be given the green light to move forward. This will put price pressures on many of the currencies we hold.
Several countries have already migrated to the ISO 20022 messaging service that will provide an integrated and universal language service to explain transactions taking place on the QFS.
The back wall date for the ISO 20022 messaging service for countries is to be completed early next year, but the countries who have already migrated will be able to begin utilizing this service as more and more countries come on board. Ledger Insights
© Goldilocks
~~~~~~~~~~
Senate stablecoin bill in the works from Sens. Lummis and Gillibrand | Axios
~~~~~~~~~~
If you would like to read the full report on the Stablecoin Bill being presented in Congress, you can follow the link below to see where it stands at the present time and read the full report below it.
The full report explains exactly what is being presented to Congress, and how,the use of Stablecoins will be utilized going forward.
You will be able to read how values are determined for these Stablecoins, and many of the regulations that surround these coins to make them workable on the QFS. Congress
© Goldilocks
~~~~~~~~~~
~~~~~~~~~~
White House Executive Order to Establish New Cross-Border Sensitive Data Transfer Control Regime JD Supra
~~~~~~~~~~
The FedNow Service uses a variety of ISO message types, including for customer credit transfers, requests for payment and interbank liquidity transfers, as well as FedNow system and account reporting messages. Explore FedNow
~~~~~~~~~~
The FedNow Service is a new instant payment service offered by the Federal Reserve. Below are key facts that set the record straight on what the FedNow Service is, what it’s not and what the industry can expect in the months and years ahead.
Fact: The network of financial institutions participating in the FedNow Service will grow over time.
The Federal Reserve’s goal and expectation is that the FedNow Service will achieve broad reach over time, much like the Fedwire® Explore FedNow
~~~~~~~~~~
SOFR futures options show rising chance of no Fed rate cut this year | Nasdaq
👆 This could change as Protocol 20 expands digital networks together based on gold as a backing.
~~~~~~~~~~
Follow Goldilocks' Roadmap
Follow Goldilocks' Timeline
Goldilocks' Telegram Room
Q & A Telegram Room
Goldilocks Forum
Goldilocks on the Seeds of Wisdom Team™ Website
Subscribe to Newsletter
Thank you Dinar Recaps -- www.DinarRecaps.com
More News, Rumors and Opinions Saturday Evening 3-9-2024
KTFA:
Clare: Integrity announces the recovery of $1.5 million, one billion dinars, and gold coins
3/9/2024
Today, Saturday, the head of the Federal Integrity Commission, Haider Hanoun, announced the recovery of more than 1.5 million dollars and about one billion Iraqi dinars and gold coins, while revealing a draft agreement to coordinate work with the Integrity Commission in the Kurdistan region.
Hanoun said, in a statement followed by Al-Iqtisad News, that “the authority recovered some amounts in cash, some of them were prevented from being wasted, and others are in the process of being recovered,” pointing out that “some amounts are in Iraqi currency, and others are in dollars.”
He added, "During our annual conference tomorrow, Sunday, we will display a recovered amount of more than one and a half million US dollars, as well as amounts in Iraqi currency of up to one billion dinars, and other amounts, in addition to gold coins."
KTFA:
Clare: Integrity announces the recovery of $1.5 million, one billion dinars, and gold coins
3/9/2024
Today, Saturday, the head of the Federal Integrity Commission, Haider Hanoun, announced the recovery of more than 1.5 million dollars and about one billion Iraqi dinars and gold coins, while revealing a draft agreement to coordinate work with the Integrity Commission in the Kurdistan region.
Hanoun said, in a statement followed by Al-Iqtisad News, that “the authority recovered some amounts in cash, some of them were prevented from being wasted, and others are in the process of being recovered,” pointing out that “some amounts are in Iraqi currency, and others are in dollars.”
He added, "During our annual conference tomorrow, Sunday, we will display a recovered amount of more than one and a half million US dollars, as well as amounts in Iraqi currency of up to one billion dinars, and other amounts, in addition to gold coins."
He pointed out that "the Integrity Commission coordinates work with the Kurdistan Region Integrity Commission, and there is a draft agreement to coordinate joint work, and Integrity as a federal body supervises all governorates," stressing that "the financial disclosure of officials includes all Iraqi officials and employees."
Hanoun called on the Integrity Commission in the Kurdistan Region to “assist with arrest warrants and financial disclosures for officials, so that the Federal Authority can audit them like all officials,” stressing that “everyone is subject to the law.” LINK
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 IMO They've already deleted the three zeros from the exchange rate. IMO that exchange rate came from the RV phase of the monetary reform that was accepted in Washington DC and all these other banks. That's why Sudani has thousands and thousands of contracts all waiting for the new exchange rate.
Militia Man Hypothetically the United States has lets say 5 to 10 trillion dinar. We have a nation debt of $30+ trillion. If the US is sitting on 5 to 10 trillion dinar, if they [Iraq] come back to a previous era which they say they are going to do...they talk about about $3.22...If they apply the Real Effective Exchange Rate to the Iraqi dinar based off their natural resources, not based off a punishment rate from the war era, not just based off of oil. Iraq's $3.22 was based off primarily oil. Now it's a different situation... [This would dramatically help the US with their debt] Iraq has a lot of gold...oil...religious tourism...
************
TNT:
Tishwash: Parliamentarian: The government must use pressure cards to remove the American forces
Today, Saturday, Member of Parliament Jassem Al-Moussawi called on the government to use all pressure cards on the United States of America regarding the issue of removing foreign forces from the country, while stressing that Iraq is going through a difficult stage that requires the solidarity of all parties.
Al-Moussawi said in an interview with the Maalouma Agency, “The popular power that Iraq possesses must support the government in making bold decisions to completely remove Washington’s forces from the country,” noting that “achieving full sovereignty from America will not be an easy matter.”
He continued, "Despite Washington's boasting about its joint relations with Iraq, it is still practicing arrogance in all files," pointing out that "America's aggressions will continue until its combat forces are removed from all military bases."
He added, "Washington is looking for its interests before committing to laws or treaties concluded on paper only," adding that "the government is required to use all pressure cards on the United States of America regarding the issue of removing foreign forces from the country."
Member of the House of Representatives, Muhammad Al-Sayhud, had confirmed, in an interview with the Al-Ma’louma Agency, “the fate of the joint committees that were formed to remove the American combat forces from Iraq,” while he stressed that the government had reached advanced results in removing foreign forces from the country. link
BANK FAILURES Will Start Soon, Admits Fed Chair Powell to U.S. Congress
Lena Petrova: 3-9-2024
Monetary Reset: Frank Giustra Warns Of U.S. Dollar ‘Crisis’
David Lin: 3-9-2024
Frank Giustra, CEO of the Fiore Group, explains how the U.S. dollar is being challenged by rivals, and what the global monetary reset means for investors and consumers.
0:00 – Intro
1:40 - U.S. dollar
9:13 - BRICS new payment system
12:23 - Petrodollar
17:41 - China's rise
22:42 - Gold, Bitcoin's rally