DJ: DID YOU KNOW? What a GCR would actually look like?
DJ: DID YOU KNOW?
What a GCR would actually look like
For the sake of argument, let’s say a GCR has occurred. What would that look like? Taking into consideration all the elements the ongoing narratives have spewed for years, are implemented.
QFS is operational, asset holders, both currencies and bonds, have been notified with instructions on how to proceed and funds are being distributed. How would the funds actually move through the financial system? How will you be notified? What would actually happen to economies and the world, when it occurs?
Traditional computers use “bits”. A bit (binary digit) is the smallest unit of data that a computer can process and store. A “bit” is always in one of two states, (like an on/off light switch). The “state” is represented by a single binary value, usually a 0 or 1. The “state” might also be represented by yes/no , on/off or true/false. Quantum computers use “qubits” (quantum bits), which can exist as 0 , 1, or both at the same time , allowing unlimited data, that lies between the 0 and the 1, to process and store. Meaning information moves a lot faster than traditional computing.
DJ: DID YOU KNOW?
What a GCR would actually look like
For the sake of argument, let’s say a GCR has occurred. What would that look like? Taking into consideration all the elements the ongoing narratives have spewed for years, are implemented.
QFS is operational, asset holders, both currencies and bonds, have been notified with instructions on how to proceed and funds are being distributed. How would the funds actually move through the financial system? How will you be notified? What would actually happen to economies and the world, when it occurs?
Traditional computers use “bits”. A bit (binary digit) is the smallest unit of data that a computer can process and store. A “bit” is always in one of two states, (like an on/off light switch). The “state” is represented by a single binary value, usually a 0 or 1. The “state” might also be represented by yes/no , on/off or true/false. Quantum computers use “qubits” (quantum bits), which can exist as 0 , 1, or both at the same time , allowing unlimited data, that lies between the 0 and the 1, to process and store. Meaning information moves a lot faster than traditional computing.
So money is available and is moving . Reputedly through the QFS. The only ones who actually have quantum computers are the major banks at the top of the food chain. They hold the money to be distributed!. But they have to move the money down the food chain through traditional computers, so the average person can access the funds at their local bank.
Converting quantum information into a classical format has its own set of difficulties. Quantum systems are inherently delicate, often struggling with information loss, a problem classical systems generally don’t have.To convert the qubits ( That hold vast amounts of bits) into bits ( that are 1’s and O’s, true/false, yes/no or on/off stored data) each qubit has to transfer the store data (which could be millions of bits) into smaller pieces of data that a legacy system can process, this is where data can quickly become chaotic, limiting memory efficiency or losing the data.
Think of it like this. You have a bucket full of water. If you put a hole in the bucket, the water will leak out. If the flow of water you keep putting back in the bucket matches the amount leaving the bucket, the water level will stay the same. But if the flow going back in the buck is more than what is leaking out, the bucket will overflow. If too much data is being sent at once (Q-bits) the receiving computer can’t process fast enough to absorb the influx of data, leading to a loss of coherent data.
So even if the funds are sitting in the banks ready for distribution, it will come out only as fast as the receiving institutions can receive and process the deposit. What has been suggested is that when anyone is paid they will receive 1% at first followed by another 10% a week later, then a multiple month or year pay schedule for the balance.
If you are one of those who is going to be notified, how do they have the information on you for you to be notified?
You will have to have submitted your assets through some channel that logged your information to an end buyer or redeemer. You can’t be notified by an email, way too unsecured and hackable. So it will have to be by courier. When funds do start coming out the large asset holders will get paid first. It makes sense that they would distribute as much as they can with the least amount of effort.
The more you have the sooner you may get paid. How much you have will dictate your place in line. Those who have not registered their assets will most likely have to turn them in and wait. The funds entering the economies will also have to come in slowly so as not to cause economic chaos. You’ll have to allow time for economies to adjust.
There are 5000 pieces to this puzzle. And 5000 people hold one piece of the puzzle each. All waiting for their time to put their piece in. I wouldn’t count on all 5000 showing up and wanting to put their piece in all at the same time. Just think of that chaos.
DJ
Iraqi Dinar Video Update Monday AM 3-18-24
Iraqi Dinar Video Update Monday AM 3-18-24
AL Sudani Announced About IQD Exchange Rate – 3:32
WOW Iraqi Dinar RV Done Today 2024 – 3:24
This is Massive Exchange Rate – 3:02
CBI Announce Iraqi Dinar Notes Going To Change – 3:09
Iraqi Dinar Video Update Monday AM 3-18-24
AL Sudani Announced About IQD Exchange Rate – 3:32
WOW Iraqi Dinar RV Done Today 2024 – 3:24
This is Massive Exchange Rate – 3:02
CBI Announce Iraqi Dinar Notes Going To Change – 3:09
AL Sudani Announced About IQD Exchange Rate – 3:32
WOW Iraqi Dinar RV Done Today 2024 – 3:24
This is Massive Exchange Rate – 3:02
CBI Announce Iraqi Dinar Notes Going To Change – 3:09
Iraqi Dinar Today Video Updates Monday AM 3-18-24
Iraqi Dinar Today Video Updates Monday AM 3-18-24
That’s Great JP Morgan Chase Bank Announced Iraqi Dinar New Rate – 4:44
Federal Reserve Bank Decided Final Value of Dinar Frank26, MarkZ, Nader -2:23
Massive IQD New Exchange Rate $6.44 USD & Vietnam Dong $3.28 – 3:41
Iraqi Dinar Today Video Updates Monday AM 3-18-24
That’s Great JP Morgan Chase Bank Announced Iraqi Dinar New Rate – 4:44
Federal Reserve Bank Decided Final Value of Dinar Frank26, MarkZ, Nader -2:23
Massive IQD New Exchange Rate $6.44 USD & Vietnam Dong $3.28 – 3:41
That’s Great JP Morgan Chase Bank Announced Iraqi Dinar New Rate – 4:44
Federal Reserve Bank Decided Final Value of Dinar Frank26, MarkZ, Nader – 2:23
Massive IQD New Exchange Rate $6.44 USD & Vietnam Dong $3.28 – 3:41
"Coffee With MarkZ" Monday Morning Chat 3-18-2024
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…….It's Marvelous Monday!
Member: Hope everyone had a good weekend….still no Rv...I'm just amazed at how it just lingers on and on
Member: Sure is lots of good rumors but no action…….this is exhausting
Member: We are the donkey that just can’t reach that carrot
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…….It's Marvelous Monday!
Member: Hope everyone had a good weekend….still no Rv...I'm just amazed at how it just lingers on and on
Member: Sure is lots of good rumors but no action…….this is exhausting
Member: We are the donkey that just can’t reach that carrot
Member: Yesterday was the 21st anniversary of US sanctions imposed on Iraq by George Bush Sr. Today would be a great day to lift those sanctioned restrictions on dinar and let the dinar strengthen internationally.
MZ: Yes it would be.
MZ: I think things are in a mad dash to the finish line….We have an impending visit from Sudani here in the Us….We have Sudani on Friday mentioning the rate of $1.32….which is very specific.
Member: Isn't the Fed having a meeting tomorrow? Wonder if it will pertain to Al Sudani's visit or intent to revalue?
Member: Rod Steel posted on X that we should be seeing something on the RV and that banks were told to be ready this week.
MZ: I can confirm this. I have a number of banking contacts that have launched into overdrive for this week …Lots of people expected announcements overnight last night.
Member: Militia Man was really good last night about the REER.(Real Effective Exchange Rate)
MZ: Yes It was great. MM’s update about the electronic platforms being wildly successful is key to them implementing their change in value. And the Real Effective Exchange Rate (REER) is expected this week according to Iraqi contacts. Most of my Iraqi contacts expect it by April 1st. Praying they are right .
Member: So no news from bond contacts because of NDA”s
MZ: Quite possibly . I am missing more and more of my group related whales…and more and more of my whales on the bond side who are suddenly “unable to speak….or unwilling to speak.” . A couple of them expressly said they couldn’t talk anymore- NDA.
Member: Wish we knew what rates would be so we could plan
Member: This 1.32 thing…so is that just prep or will we be looking at that for a rate?
Member: The $1.32 rate is actually .76 cents US for each dinar…..Al Sudani promised the Iraqi people the dinar would be stronger than the dollar. . 76 cents is NOT stronger.
Mod: ALL RATE QUOTES ARE GUESSES… WE WILL NOT KNOW WHAT REALITY WILL BE SHOWN WHEN THE RATE COMES OUT
MZ: They may be floating the rates of $1.32 and .76 cents to get people ready for a change. I still think it will be more in the $3 or $4 range…but I could be wrong. IMO $1.32 and .76 cents rates would still be fantastic..
Member: Will the increase in exchange rate eliminate the parallel market immediately? U would think that would be the easiest way to get rid of it ?
Member: so bank or redemption center?
Member: a redemption center is a bank that can authenticate currency on site in front of you
Member: SOMEONE POSTING ON DINAR RECAPS SAID REDEMPTION CENTERS WOULD BE IN MILITARY BASES… IT WAS LATER THAT IT WAS SAID THAY WILL BE IN BANKS AS WELL.
Member: I would feel safe exchanging on a military base with all their security.
MZ: I would like to point that when we talk of redemption centers….these are redeeming banks …BANKS….not some sleezy back alley place. BANK locations with trained staff to exchange currencies and have equipment to verify foreign currency in front of us…..I do not understand the confusion and the fear that is out there. Makes zero cents to me why people are so confused.
Member: Frank 26 is convinced the Zim is worthless …we'll see
Member: Pres. Trump gave Zim away as gifts on his show told the recipient that it would be worth something big someday. That should tell you something.
Member: He should have let the reset go when he was president and had some power….Our lives would have been so much better if he would have.
MZ: 2 really high hitters-global attorneys and paymasters convinced me that the Zim was worth a shot. And that the Zim bonds will be used for humanitarian purposes…not as currency.
Member: Is Zimbabwe joining BRICS?
MZ: They are sure attempting to join BRICS.
Member: Mark - I drove down Ventura Boulevard in Los Angeles last week, and every HALF MILE there is a WellsFargo "Wealth Center" (NOT a bank nor ATM site) !!!
Member: Will this awful movie will be over before November??
Member: Will this awful movie be over by April 1st???
Member: Thanks to Mark and Mods…….Everyone have a great day.
Member: Happy birthday to all celebrating today.
Stacie Z joins the stream today. Please listen to the replay for her information and opinions.
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram
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.
"Tidbits From TNT" Monday 3-18-2024
TNT:
Tishwash: Ismaik: The solution to the dollar crisis in Iraq is “very simple”
The economic expert, Hassan Ismaik, confirmed that the solution to the crisis of the high exchange rates of the US dollar against the Iraqi dinar is very simple.
Ismaik said in an interview with Al-Maalouma, “The foreign cash reserves that the Central Bank of Iraq owns are what preserve the value of the Iraqi currency, and because Iraq does not receive money except government money, and the private sector smuggles its money abroad.”
He added, “The Iraqi citizen does not trust the banking system in his country,” which means that there is a defect that must be fixed.
Ismaik believes that "the solution is by placing the money obtained from the sale of crude oil, the main source of the Iraqi economy, as deposits in the central bank and attracting the hoarded funds." In the homes of Iraqis and also attracting the money of investors abroad, the private sector and investment companies.”
TNT:
Tishwash: Ismaik: The solution to the dollar crisis in Iraq is “very simple”
The economic expert, Hassan Ismaik, confirmed that the solution to the crisis of the high exchange rates of the US dollar against the Iraqi dinar is very simple.
Ismaik said in an interview with Al-Maalouma, “The foreign cash reserves that the Central Bank of Iraq owns are what preserve the value of the Iraqi currency, and because Iraq does not receive money except government money, and the private sector smuggles its money abroad.”
He added, “The Iraqi citizen does not trust the banking system in his country,” which means that there is a defect that must be fixed.
Ismaik believes that "the solution is by placing the money obtained from the sale of crude oil, the main source of the Iraqi economy, as deposits in the central bank and attracting the hoarded funds." In the homes of Iraqis and also attracting the money of investors abroad, the private sector and investment companies.
Ismaik continued, “The success of the solution is linked to Iraq’s development of the banking sector systems and it being an open and not closed system. Reinforcing his vision with leading regional models such as the Arab Gulf countries.”
He pointed out that “there is enormous money coming from the people and the private sector, as well as investment companies.”
He added that “Iraq only needs development in the banking sector system, clarity in this system and not being closed, because when we say it is forbidden to transfer dollars, and it is forbidden to buy with dollars, and it is forbidden to exchange for dollars, your value will immediately lose and decline, and the currency will fall.”
Ismaik stressed that “the dollar crisis ends when there is a solid banking system, as there is huge amounts of money with the people in their homes, and if this money goes to... Banks will change the equation, and the money of Iraq is Abroad will range, at a minimum, between 200-300 billion in deposits in banks.”
Since the end of the year 2022, Iraq has been facing a crisis in the exchange rate of the dinar against the dollar, after the United States took a number of measures to restrict the use of... The dollar is in Iraq and its possession is limited to certain parties, as the exchange rate is witnessing fluctuations and instability despite the measures taken by the Iraqi government and the Central Bank to control the exchange rate.
The dollar crisis has been accompanied by variation in the methods of its solutions and treatment, especially among those who see it as a crisis that expresses structural imbalances in the system. Iraqi monetary policy, and among those who believe that resolving it requires only responding to it in an intelligent manner. link
***********
Tishwash: The Prime Minister expresses Iraq's desire to occupy its position in the international arena
Prime Minister Muhammad Shiaa Al-Sudani received, today, Monday, the Director General of the International Atomic Energy Agency, Mr. Rafael Mariano Grossi.
Al-Sudani confirmed in a statement received by Earth News that “Iraq was one of the first countries that sought to join the agency, abide by its treaties, and worked to establish nuclear reactors for peaceful purposes. Because of his conviction that nuclear energy must be a source of prosperity and not the development of lethal weapons
He pointed out that “at the end of last year, Iraq submitted to the Agency the requirements for its accession to the Nuclear Safety Agreement, and the Joint Agreement on the Safe Management of Spent Fuel and the Safe Management of Radioactive Waste, and it is looking forward to entering again into The field of peaceful applications of nuclear energy.
The Prime Minister expressed “Iraq’s desire to occupy its natural position in the international arena, and to engage in peaceful activity in the field of atomic energy. He also looks forward to assisting the Agency in developing programs and projects related to development in the field of nuclear applications for peaceful purposes.”
For his part, Grossi extended “an invitation to Mr. Sudanese to attend the Nuclear Energy Summit, which will be held in Brussels this March, expressing his appreciation for Iraq’s cooperation with the agency,” stressing that it is “one of the leading countries working with the agency, and he also declared his commitment to working with Iraq in its program and projects.” Peaceful, which includes energy, soil desalination, disease treatment, and other peaceful fields, indicating his aspiration for the Iraqi delegation to visit the agency’s headquarters in the coming weeks;
“To work on developing a road map to develop Iraq’s work, build infrastructure, and obtain nuclear technology in peaceful fields.” link
************
Tishwash: Al-Sudani: We succeeded in implementing the 2023 budget, and we must continue to complete economic projects
Today, Monday, while chairing a meeting regarding the 2024 budget schedules, Prime Minister Muhammad Shiaa Al-Sudani stressed the importance of proceeding with the completion of economic projects.
Al-Sudani said in a statement reported by his media office and received by Al-Iqtisad News: “It is necessary to focus attention on projects that are nearing completion, and projects that drive the economic cycle and support infrastructure, in addition to projects that provide the largest number of job opportunities and meet the service, health and social needs provided.” On other general necessities.
Al-Sudani stressed that "the success witnessed in implementing the 2023 budget must be invested in completing the remaining economic projects, especially those related to aspects of economic reform, investment, and infrastructure construction in the areas of transportation, health, and municipal services, and supporting productive agricultural and industrial programs."
In the path of comprehensive development and administrative decentralization, he stressed “the importance of selecting projects with the highest priority in the allocations to governorate councils, and making the local targets of the governorates in a state of integration with the programs implemented by the federal ministries, which allows achieving the highest returns and results at the level of employment and development, and meeting basic services.” For all citizens throughout Iraq link
Mot: . Soooooooooo - Do Yas Feel It?????
Mot: poor ole ""Earl""
News, Rumors and Opinions Monday AM 3-18-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 18 March 2024
Compiled Mon. 18 March 2024 12:01 am EST by Judy Byington
Global Currency Reset: (No news since last Fri. 15 March)
Fri. 15 March Hernán Robert Hbravo: Rubem BAZ says that the 12 Platforms were scheduled to launch last night Thurs. 14 March on RENO and the launch of the 6 Platforms today Fri. 15 March in Zurich. Contracts will be sent over the weekend and available funds will be released on Mon. 18 March. Sovereign Buyers start their businesses next Wed. 20 March by sending contracts, notifications, phone calls, etc.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 18 March 2024
Compiled Mon. 18 March 2024 12:01 am EST by Judy Byington
Global Currency Reset: (No news since last Fri. 15 March)
Fri. 15 March Hernán Robert Hbravo: Rubem BAZ says that the 12 Platforms were scheduled to launch last night Thurs. 14 March on RENO and the launch of the 6 Platforms today Fri. 15 March in Zurich. Contracts will be sent over the weekend and available funds will be released on Mon. 18 March. Sovereign Buyers start their businesses next Wed. 20 March by sending contracts, notifications, phone calls, etc.
Fri. 15 March Ginger Bank Story: “My Chase/JP Morgan Wealth Manager guy was transparent, knew what was going on, shared info, and admitted he had foreign currency and how he was focused on humanitarian needs. I am really surprised he admitted what he did.”
Fri. 15 March Wolverine, MarkZ: Over the weekend, especially in Europe, the final transition to 20022 (or whatever) is activated. High expectations for massive banking changes this weekend. My bank even notified me that some services will not work overnight on Sunday. Member: My bank emailed and said they were making some important updates before April 15th. Member: I received a message from my bank saying that on the 17th, from 1:00 am to 5:00 am, there will be no service for all transactions. Member: Rumor has it that Chinese Elders have paid off ALL debts worldwide at this time. So I’m resting comfortably…without fear.
Global Financial Crisis:
Sat. 16 March The Banks Are Now Collapsing, While The FED Money Dries Up! – Atlantis Report | Economy | Before It’s News (beforeitsnews.com)
Recent GCR History:
On Sat. 23 Feb. 2024 the World Trade Organization announced that Iraq had completed all requirements to be accepted as a member including having set their new Iraqi Dinar Rate, which the next day on Wed. 28 Feb, the Central Bank of Iraq announced as $3.47. Then the Dinar went live on back screens of the Forex for $2.70 and began fluctuating upward in value.
Sat. 16 March 2024: PROJECT ODIN
Project Odin will go together with the EAS/EBS. It is a military unit that supervises military forces in ground operations.
ODIN means: Observe, Detect, Identify, Neutralize
PROJECT ODIN and military GESARA, a monumental combination that promises to overthrow the Cabal’s hold on global power.
Prepare for the most dramatic change in modern history when the Military Emergency Broadcast System (EBS) emerges, signaling a new era of truth, justice and liberation.
The NESARA/GESARA funds will finally see the light of day and the people will be entrusted with the monumental task of rebuilding a long-oppressed world.
Read full post here: https://dinarchronicles.com/2024/03/18/restored-republic-via-a-gcr-update-as-of-march-18-2024/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 We know Sudani came out, it's no longer a secret...We know the monetary reform is coming. We know they are suggesting 1.32. I suggested higher, but who knows. All of a sudden... parliament came out and said, 'Oh...we look forward to our currency to have value, put on to it...we're passing the laws.' That was interesting. Those that for decades have stopped the possibility of a new exchange rate to come out for the currency of Iraq are now finally saying, Uncle...! Even those that were against the Monetary Reform are now forced to tell the truth!
Jeff They have suspended currency auctions from this point forward, through the remainder of March...giving them eligibility to revalue this weekend - having this weekend being the earliest point throughout this entire year to be able to revalue...Iraq was not even eligible to revalue before this weekend...
Fed Chair Jerome Powell: “BANK FAILURES Will Soon Begin”
Atlantis Report: 3-17-2024
Federal Reserve Chair Jerome Powell warns of imminent bank failures due to the ongoing challenges in the commercial real estate sector. Meanwhile, bitcoin and gold prices are going through the roof as the stock market records remarkable losses.
SILVER ALERT! JP Morgan ADMITS to Billions of Trading Violations! DPA Violated! 10 Days!
(Bix Weir) 3-17-2024
With only 10 DAYS left on their Deferred Prosecution Agreement JP Morgan has admitted to Billions of Trading Violations by themselves and their customers agreeing to pay another massive fine of $348M! Interestingly, this should reopen the 2020 Settlement for admitting to illegally rigging the Silver, Gold and Treasury markets! This is NOT just a coincidence...THIS IS THE END GAME!
MilitiaMan: Iraqi Dinar-- IQD-- Dinar Update -100% Electronic - Real Effective Exchange Rate - Expected
Iraqi Dinar-- IQD-- Dinar Update -100% Electronic - Real Effective Exchange Rate - Expected
MilitiaMan and Crew: 3-17-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraqi Dinar-- IQD-- Dinar Update -100% Electronic - Real Effective Exchange Rate - Expected
MilitiaMan and Crew: 3-17-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraqi Dinar Today Video Updates Late Sunday Evening 3-17-24
Iraqi Dinar Today Video Updates Late Sunday Evening 3-17-24
IRAQ Finally Removal 3 Zeros Notes – 3:02
CBI Announced On TV New Currency Printed And Exchange Rate – 3:59
Congratulation Finally CBI Can't Stop It! Dinar Revaluation – 2:24
Iraqi Dinar Today Video Updates Late Sunday Evening 3-17-24
IRAQ Finally Removal 3 Zeros Notes – 3:02
CBI Announced On TV New Currency Printed And Exchange Rate – 3:59
Congratulation Finally CBI Can't Stop It! Dinar Revaluation – 2:24
IRAQ Finally Removal 3 Zeros Notes – 3:02
CBI Announced On TV New Currency Printed And Exchange Rate – 3:59
Congratulation Finally CBI Can't Stop It! Dinar Revaluation – 2:24
Iraq Economic News and Points to Ponder Late Sunday Evening 3-17-24
Iraq Economic News and Points to Ponder Late Sunday Evening 3-17-24
Tlm724 Administrator Bondlady’s Corner
Iraq Is The Axis And Meeting Point Of East And West
The first 03/17/2024 Baghdad: Huda Al-Azzawi Experts and specialists in financial and economic affairs called for the implementation of a new strategy based on a different, modern economic philosophy pursued by developed countries in the process of
diversifying and maximizing state revenues,
attracting foreign investments and
achieving development, by
restoring Iraq’s historical pioneering role as an axis, fulcrum and meeting point between East and West, and a vital corridor for trade. Global, experts also called for increasing intra-trade with neighboring countries as it is one of the pillars of the successful Iraqi economic strategy.
The Prime Minister’s Advisor for Financial and Economic Affairs, Dr. Mazhar Muhammad Salih, stated in an interview with “Al-Sabah” that “Iraq is the point of communication between the European continent and the Gulf and Asian markets.”
Iraq Economic News and Points to Ponder Late Sunday Evening 3-17-24
Tlm724 Administrator Bondlady’s Corner
Iraq Is The Axis And Meeting Point Of East And West
The first 03/17/2024 Baghdad: Huda Al-Azzawi Experts and specialists in financial and economic affairs called for the implementation of a new strategy based on a different, modern economic philosophy pursued by developed countries in the process of
diversifying and maximizing state revenues,
attracting foreign investments and
achieving development, by
restoring Iraq’s historical pioneering role as an axis, fulcrum and meeting point between East and West, and a vital corridor for trade. Global, experts also called for increasing intra-trade with neighboring countries as it is one of the pillars of the successful Iraqi economic strategy.
The Prime Minister’s Advisor for Financial and Economic Affairs, Dr. Mazhar Muhammad Salih, stated in an interview with “Al-Sabah” that “Iraq is the point of communication between the European continent and the Gulf and Asian markets.”
He pointed out that "before the country entered into trade restrictions more than fifty years ago, which included wars, conflicts, and a decline in infrastructure, Iraq was one of the best vital economic areas in the world that charts the international trade corridors that travel through it by land from the heart of Europe to neighboring markets and Asia by sea." Across the Gulf and vice versa.
He explained, "The Iraqi commercial corridors represent an ideal commercial attraction through which transit fees are collected, in addition to marketing technical and logistical services to trucks passing through Iraq's roads and ports."
Saleh added, "Maximizing intra-trade through (transit) trade will undoubtedly achieve continuous financial returns and provide an added business cycle that increases growth opportunities in the gross domestic product, and in linking Iraq to the global trading system as a major economic player in the region and the world."
For his part, political analyst Omar Al-Nasser pointed out, in an interview with Al-Sabah, that
“diversification of economic resources is an important philosophy that the countries of the developed world have begun to adopt, and
the experience of the European Union is the best evidence of that, especially those that suffer from weak possession of natural resources.” He stated that
“sustainable development and economic prosperity begin from the gate of
reducing spending,
maximizing revenues, and
multiplying sources of income,” and explained that
“with a realistic look at the state of development, intra-Arab trade rates are still relatively modest and reach only 13.8%, and
they still need more efforts to overcome Unfavorable procedures and effects of customs measures and standards that account for more than 50% of Arab trade exchange, other than the Asian partner, which constitutes 54% of Arab countries’ exports.”
Al-Nasser stressed that "Iraq must have new ways in this field, and think tanks and research must be sought and their role in providing advice and giving a high dose of support must be sought by drawing up model policies that support this joint with regional neighboring countries at the very least, in order to
strengthen Investments,
creating job opportunities, and
raising trade cooperation and international relations to high levels.”
He added, "Iraq's invitation and adoption of a regional conference to stimulate intra-trade and remove the obstacles standing in the way of this joint will increase its standing among the countries of the region and create a real desire to establish clear-cut economic partnerships that will remove the spark of political differences and transform the Middle East region into a real international center of attraction and a mine for energy production." humanity, economy, and the kiss of the entire world.”
He explained that "Iraq's move to sponsor research, which has a major role in developing different strategies in the field of economic growth and prosperity, will contribute to
raising the profile of sustainable development,
strengthening international relations, and
raising the level of opportunities for cooperation and trade exchange between the countries of the region." https://alsabaah.iq/93584-.html
An Expert Explains The Details Of The International Agency (Fitch) Report On The Evaluation Of The Iraqi Trade Bank
Time: 03/17/2024 20:12:48 Read: 1,716 times {Economic: Al-Furat News} The financial expert and former head of the Financial Supervision Bureau, Salah Nouri, revealed today, Sunday, the most prominent findings in the report of the International Credit Rating Agency (Fitch) on the evaluation of the Iraqi Trade Bank.
Nouri said {to Al-Furat News} that:
“The defaulted debts {loans} are subject to recovery, the
first of which is the bank’s debts to the Kurdistan Regional Government, and
this debt has been since Hamdiya al-Jaf took over the management of the bank and continues to do so, in addition to the loans granted to many Iraqi companies supported by politicians {according to Agency information}. He pointed out,
"There are risks to the bank's ability to continue its activity due to the
loans granted and not refunded, and the
government's significant interference in the bank's management decisions, especially the text in the Federal General Maronite Law that the
bank must finance part of the general budget deficit." Nouri continued, "The
weakness of the bank's management and doubts about the
credibility of the annual financial statements prepared by the bank.
An answer will also be prepared by the bank's management to the questions and evaluation scores issued by the credit rating agency."
He stated that "the report indicated the possible repercussions of international foreign banks' reluctance to deal with the bank as correspondent banks for government imports."
Iron And Steel Company: Iraq Is On The Verge Of A Major Industrial Revolution
Iron material Economy News – Baghdad The General Company for Iron and Steel in Basra Governorate revealed, on Sunday, the government’s agreement with a Chinese company to establish an industrial city with an area of 3,000 dunams.
While it saw that Iraq is on the verge of a major industrial revolution, it confirmed that Prime Minister Muhammad Shiaa al-Sudani is interested in supporting the iron and steel industry and supporting the product. the local.
The Director General of the company affiliated with the Ministry of Industry and Minerals, Abbas Hayal, said in a statement reported by the official news agency, and seen by Al-Iqtisad News, that
“there is great governmental interest and from the highest executive authority, represented by Prime Minister Muhammad Shiaa Al-Sudani, in industrial projects that have been halted for more than two decades.” For a period of time, the General Iron and Steel Company stopped working in 2003 before it resumed work.
He added, “The government’s interest does not depend only on making allocations in the budget law, but there is personal follow-up by the Prime Minister, through the Minister of Industry and Minerals, for the development and progress of work and achievement.
An official position is submitted monthly to the Prime Minister, and he follows up and overcomes obstacles in many matters through "Make quick decisions and even communicate directly with the relevant ministers."
He continued, "Our company is not the only one specialized in iron and steel.
Rather, there are companies in the private sector that also produce rebar, for example.
We had a meeting with the Prime Minister about two weeks ago under the auspices of the Board of Advisors, and there is a special committee formed to follow up on the development of the national industry, and in fact, among the demands was to protect the product."
The National Bank, the government and the Council of Ministers were truly supportive and decisions were actually issued to protect the national product, especially rebar.” ]
He noted that "with the large reconstruction and construction movement and
the drive to build more than a million housing units,
there are existing factories in Iraq and new factories currently being built in several governorates, and
there is a tendency for the government to contract with one of the large Chinese companies in the field of iron and steel, and it was visited in China before."
A delegation headed by the Minister of Industry and Minerals, Khaled Battal, and I was one of the members of the Iraqi delegation, and
now there are negotiations during this period, and
two days ago there was a meeting in the Ministry of Industry and Minerals.”
He pointed out, "Also this week we have meetings with the Chinese company.
This company was granted three thousand dunums of iron and steel land,
and a large industrial city will be built.
This matter receives the care and attention of the Prime Minister, and
this will bring about a major industrial revolution within the country in addition to the existing factories." Including the iron and steel factory,
to meet the local need not only
in terms of prices, but also
in consumer protection and the
high quality of the Iraqi rebar produced in our company with high quality.
Sometimes there is no control over the border crossings and some types of rebar are entered that are not within the specifications. "required." He noted that
"the iron and steel factory in Basra has been halted since 2003, and
its capacity after the completion of work on it will reach more than 600 thousand tons and the contract capacity is more than 500 thousand tons, and
we will begin production at contract capacities," pointing out that
"during the next few months we will witness the opening of the steel factory." Which produces (billet) and which is complementary to the (rolling mill) factory, and
Iraqi production will meet an important aspect of the national need.”
200 views Added 03/17/2024 - https://economy-news.net/content.php?id=41584
To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/
Provoking Points to Ponder on Decisions
There is no more miserable human being than one in whom nothing is habitual but indecision. - William James
In not making the decision, you've made one. Not doing something is the same as doing it. - Ivan Bloch
There is a time when we must firmly choose the course we will follow, or the relentless drift of events will make the decision for us. - Herbert B. Prochnow
You can only predict things after they've happened. - Eugene Ionesco
It is the mark of a good action that it appears inevitable, in retrospect. - Robert Louis Stevenson
http://famousquotesandauthors.com/quotes_by_topic.html
http://famousquotesandauthors.com/topics/decisions_quotes.html
Currency Insider Iraqi Dinar - Dong Sunday Evening 3-17-24
Currency Insider Iraqi Dinar - Dong Sunday Evening 3-17-24
Iraqi dinar holders pay attention this is happening – 2:50
Vietnam Dong suddenly big move – 1:01
Iraqi dinar boosting up quickly – 2:37
Currency Insider Iraqi Dinar - Dong Sunday Evening 3-17-24
Iraqi dinar holders pay attention this is happening – 2:50
Vietnam Dong suddenly big move – 1:01
Iraqi dinar boosting up quickly – 2:37
Iraqi dinar holders pay attention this is happening – 2:50
Vietnam Dong suddenly big move – 1:01
Iraqi dinar boosting up quickly – 2:37
More News, Rumors and Opinions Sunday Night 3-17-2024
KTFA:
Clare: From X: TRANSLATION:
International Development Bank
@IDB_Iraq
From Baghdad to China, in a maximum of 3 days!
The International Development Bank provides money transfer services to companies and merchants to China in the Yuan ¥ currency and at preferential rates.
With the International Development Bank; Transfer your money easily and quickly!
#Corporate_account
#International_Development_Bank
KTFA:
Clare: From X: TRANSLATION:
International Development Bank
@IDB_Iraq
From Baghdad to China, in a maximum of 3 days!
The International Development Bank provides money transfer services to companies and merchants to China in the Yuan ¥ currency and at preferential rates.
With the International Development Bank; Transfer your money easily and quickly!
#Corporate_account
#International_Development_Bank
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq was on TV Channel One talking...with the United States Treasury on reconsidering sanctions on our banks. FRANK: He's going over there to tell them about the new exchange rate...
Mnt Goat I have to say that the CBI cannot turn back from all the progress already made. Also remember that the citizens of Iraq are reading all these articles too about increasing the value of the dinar and so it is way beyond the point of returning to the same old, same old...Remember two things if nothing else: 1. It’s not IF but WHEN this event is going to happen and; 2. It has to happen and soon.
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TNT:
Tishwash: Ramadan without high prices.. Economy Parliament acknowledges the government’s success in controlling the market
Today, Sunday (March 17, 2024), the Parliamentary Economy and Trade Committee confirmed the success of the Iraqi government, headed by Muhammad Shiaa Al-Sudani, in controlling food prices during the month of Ramadan.
Committee member Ruqaya al-Nouri told Baghdad Today, “The various government efforts of the Ministry of Commerce, security agencies, and other regulatory bodies have greatly succeeded in controlling food prices, preventing any manipulation of those prices, controlling the market, and preventing any exploitation of citizens.”
Al-Nouri stated that “the follow-up and monitoring campaign for all markets is ongoing and is not limited only to the beginning of the month of Ramadan, but rather it is ongoing and there are arrest campaigns for some who tried to manipulate prices, and the imposition of the law pushed to control the market and prevent cases of manipulation that occurred every Ramadan during the past years.” By some greedy people."
Through several measures, the relevant government agencies were able to reduce the prices of meat, which is the most prominent commodity whose prices rose during the past weeks and reached 25 thousand dinars for a kilo of lamb, and 20 thousand for veal, before prices dropped to between 12 and 18 thousand dinars for veal and lamb. link
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Tishwash: Ministry of Oil: We are keen to accelerate the implementation of optimal investment plans for oil and gas wealth
The Ministry of Oil confirmed, on Sunday, its keenness to accelerate the implementation of plans for optimal investment of oil and gas wealth.
The Ministry stated in a statement, seen by Al-Iqtisad News, that “The Director General of the Central Oil Company, one of the formations of the Ministry of Oil, Muhammad Yassin, confirmed during his inspection of the development work of the (Al-Khasham Al-Ahmar and Galabat) fields in Diyala Governorate, the keenness of the Ministry of Oil and the company to accelerate the implementation of plans.”
“Optimal investment of oil and gas wealth, by providing the appropriate investment environment for the work of international companies that won the fifth licensing rounds to develop oil and gas fields and sites.”
He added, "This visit comes within the directives of the Minister of Oil aimed at following up on the direct operations to develop and rehabilitate the Khashm al-Ahmar and Galabat fields in order to invest good quantities of gas by the Emirati company Al Hilal, which won the development of the two fields, within the dates and commitments to the development plans, all the way to production." Pointing out the importance of "developing these fields in adding new quantities of oil and gas to national production."
The statement explained, “The company’s general director held a meeting with the security leaders in the governorate, with the aim of security coordination and cooperation in this field,” noting that “the general director was accompanied on his inspection tour by a number of directors of the relevant technical bodies and departments, and a representative of the Emirati company Al Hilal, the developer of the two aforementioned fields link
BRICS Currency to Overtake US dollar: De-dollarization start!
Fastepo: 3-17-2024
The global economy has long operated under the hegemony of the US dollar and other major Western currencies. This dominance might soon be contested if the BRICS nations—Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, UAE and Saudi Arabia—have their way.
The proposition of a BRICS currency signals a desire for a seismic shift in economic power dynamics, challenging the traditional reliance on Western financial systems.
At the heart of this movement is a shared motivation among the BRICS nations to insulate their economies from the fluctuations of the dollar exchange rate and to assert greater economic independence what is also known as “de-dollarization”.
This call for change was echoed by Brazil's President at the last BRICS summit in Johannesburg, where he advocated for a common currency for trade and investment within the bloc, aiming to "increase our payment options and reduce our vulnerabilities," as reported by Reuters.
With the dollar accounting for a significant portion of global foreign exchange reserves and being the principal currency in international transactions, any shift away from it would have considerable implications.
The BRICS nations, particularly Russia and China, have openly criticized the dollar's dominance and have taken steps toward using their national currencies for cross-border transactions.
In this video, we will explore everything about the BRICS currency, including its current status and future prospects, Currency Swap Agreements and overall impact of the currency on global economy to geopolitical perspectives.