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Iraq Economic News and Points to Ponder Saturday Evening 4-20-24

Iraq Economic News and Points to Ponder Saturday Evening 4-20-24

Parliamentary Committee: Iraq Has Regained Its Regional Role And Influence In The World

Political | - 20/04/2024   Mawazine News – Baghdad  A member of the Parliamentary Security and Defense Committee, Muhammad Al-Shammari, confirmed today, Saturday, that Iraq has regained its regional role and influence in the world.

Al-Shammari said in an interview followed by Mawazine News, “We aspire for Iraq to regain its regional and global role, and to exploit this situation to be a mediator between America and Iran to ease tensions.”

Al-Shammari pointed out that "Iraq's restoration of its regional role and influence in the world could be used by the Iraqi government to establish security and stability in the Middle East and in the region in particular."  

Iraq Economic News and Points to Ponder Saturday Evening 4-20-24

Parliamentary Committee: Iraq Has Regained Its Regional Role And Influence In The World

Political | - 20/04/2024   Mawazine News – Baghdad  A member of the Parliamentary Security and Defense Committee, Muhammad Al-Shammari, confirmed today, Saturday, that Iraq has regained its regional role and influence in the world.

Al-Shammari said in an interview followed by Mawazine News, “We aspire for Iraq to regain its regional and global role, and to exploit this situation to be a mediator between America and Iran to ease tensions.”

Al-Shammari pointed out that "Iraq's restoration of its regional role and influence in the world could be used by the Iraqi government to establish security and stability in the Middle East and in the region in particular."    https://www.mawazin.net/Details.aspx?jimare=246350

Iraq's Debts During The War With Iran Are Disturbing The Economy And Increasing The Possibility Of It Faltering

Economy |  04/20/2024   Mawazine News - Baghdad..   The financial and banking expert, Mustafa Hantoush, confirmed that the volume of external debts incurred by Iraq exceeded 75 billion dollars, and could increase by the end of the current year 2024.

Hantoush said, in an interview followed by Mawazine News/ that the volume of external debts incurred by Iraq before and after the year 2003 amounts to about 70-75 billion dollars, which can be increased by the end of the current year 2024.

He added that the public debt owed by Iraq to the Paris Club and external obligations is about 35 billion dollars, and may reach 50 billion dollars by the end of the current year, due to... Obligations, external contracts and debt interest.

He pointed out that there are old debts owed by Iraq related to financing the Iran-Iraq war and other international obligations before the invasion of Iraq in 2003, ranging between 35 and 40 billion dollars, which are not scheduled in the Iraqi payment regulations, but they are registered with the Iraqi banks of Al-Rafidain and Al-Rashid in the international debt regulations.

https://www.mawazin.net/Details.aspx?jimare=246294

Fourth In The Arab World: Iraq’s Gold Reserves {137.7} Tons

Time: 04/20/2024 17:49:06 Read: 1,469 times   {Economic: Al-Furat News} The former Director of the Financial Supervision Bureau, Salah Nouri, revealed today, Saturday, Iraq’s gold reserves.

Nouri told {Al-Furat News} that: “The gold reserve at the Central Bank of Iraq is approximately {137.7} tons and ranks fourth in the Arab world, according to statistics from the World Gold Council, headquartered in London.”

He pointed out, "We do not have accurate information about the amount of gold reserves in the Central Bank of Iraq. In general, the Central Bank must diversify investments between investing in US government bonds and investing in gold."

Regarding the most prominent matters covered by the American Forbes magazine about the reasons for the rise in global gold prices, Nouri explained, “The great demand for gold by Chinese and Hong Kong investors is to hedge against economic instability that affects investment in stocks and bonds.”

He added, "There are also fears of reducing interest rates on investment in US government bonds, which led to investing in gold as a safe haven."

Nouri concluded with “geopolitical reasons for the Russian-Ukrainian war and the war on the people of Gaza by the Zionist entity, all of which are reasons that pushed gold prices to rise globally.”

Gold prices rose yesterday, Friday, due to risk aversion in financial markets.

By 04:29 GMT, gold in instant transactions rose 0.3% to $2,386.05 per ounce, after briefly jumping to $2,417.59 earlier in the session, hovering near the highest level ever at $2,431.29, which it recorded last Friday. .  LINK

Al-Sudani: We Have Reached Satisfactory Solutions With The US Treasury To Address The Conditions Of The Sanctioned Banks

Economy News – Baghdad  Prime Minister, Muhammad Shiaa Al-Sudani, announced on Saturday that a satisfactory agreement had been reached with the American side regarding banks that are prohibited from dealing in the dollar currency.

Al-Sudani said in a press conference, seen by Al-Iqtisad News, that “the Iraqi delegation held important meetings with the US Treasury, with which the Iraqi government and the Central Bank are working, to reform the financial banking sector in Iraq and address the observations that occurred in this sector during the time of previous governments.” ".

He added, "The delegation reached satisfactory solutions that address the conditions of banks deprived of dealing in the dollar by forming committees that undertake the task of auditing the observations made on these banks," noting that "if the observations are fundamental, the deprivation procedures will continue, and if they are observations, they can be addressed and carried out."

“There will be reforms within these banks under the supervision of the Central Bank, so that the dollar dealings of these banks will be addressed in the future.”

Al-Sudani stressed that "the US Treasury's impression was positive on the performance of the Iraqi financial institutions, whether the central bank or the government banking sector, and it was at the peak of optimism, given the reforms that were achieved during a short period of this government's life."

He pointed out that "80% of financial transactions and transfers today are carried out in accordance with international standards, certified by the US Treasury," indicating that "the government will continue to reform the financial and banking sector, which represents a basic gateway to creating economic development and real reforms."

92 views 04/20/2024 - https://economy-news.net/content.php?id=42639

Within a week...more than one billion dollars in sales from the Iraqi Central Bank

Money  and business  Economy News – Baghdad  The Central Bank of Iraq's total sales of US dollars in the currency auction during the past week amounted to more than one billion dollars.

During the past week, during the days in which the auction was opened, the Central Bank sold 1 billion, 354 million, 297 thousand and 9 dollars, at a daily rate of 193 million and 471 million dollars, higher than what it recorded last week, which amounted to 533 million, 978 thousand and 265 dollars.

The highest dollar sales were on Sunday, when sales amounted to 283 million, 160,000 and 3 dollars, while the lowest sales were on Wednesday, when sales amounted to 261 million, 374 thousand and 70 dollars.

Foreign remittance sales during the past week amounted to one billion, 263 million, and 772 thousand dollars, an increase of 94% compared to cash sales, which amounted to 90 million, 525 thousand dollars.

Views 89   04/20/2024 https://economy-news.net/content.php?id=42634

Oil Closes Higher After Tension In The Middle East

Economy | - 04/20/2024  Mawazine News – Baghdad  Oil prices rose slightly, Friday, but suffered a weekly loss after Iran downplayed suspected Israeli attacks on its territory, in an indication that an escalation of hostilities in the Middle East could be avoided.

Brent crude futures rose 18 cents, or 0.21 percent, at settlement at $87.29 per barrel. US West Texas Intermediate crude futures for May delivery increased 41 cents, or 0.5 percent, to reach $83.14 per barrel upon settlement.

The most actively traded futures contract for June delivery rose 12 cents to $82.22 a barrel.

The two benchmarks rose by more than three dollars a barrel earlier in the session after explosions were heard in the Iranian city of Isfahan today in what sources described as an Israeli attack, but the gains declined after Tehran downplayed the incident and indicated that it had no plans to respond.

“It was just a big show, so the markets fell as quickly as they rose,” said Tim Snyder, an economist at Matador Economics.

Investors were closely watching Israel's response to Iranian drone and missile attacks on April 13, which came in response to a suspected Israeli airstrike on April 1 on the Iranian embassy compound in Damascus.

American lawmakers included sanctions on Iranian oil exports as part of a pending aid package to Ukraine following the attack launched by Iran on Israel over the weekend.

Reuters data shows that Iran is the third largest oil producing country in the Organization of the Petroleum Exporting Countries (OPEC).

Media reported on Friday that the International Monetary Fund expects the OPEC+ alliance to begin increasing oil production starting in July.

Prices have fallen by about three percent since Monday, and the two benchmarks recorded their largest weekly loss since February.   https://www.mawazin.net/Details.aspx?jimare=246284

 

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

 

Provoking Points To Ponder on Failures and Mistakes

The man who has done his level best, and who is conscious that he has done his best, is a success, even though the world may write him down a failure.- B. C. Forbes

Many a man never fails because he never tries.- Norman MacEwan

Good judgment comes from experience, and experience comes from poor judgment.- Anonymous

Life is very interesting, if you make mistakes.- Georges Carpentier

When I have listened to my mistakes, I have grown.- Hugh Prather

Mistakes and errors are the discipline through which we advance.- William Ellery Channing

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

http://famousquotesandauthors.com/quotes_by_topic.html

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Iraqi Dinar Video Update Saturday Afternoon 4-20-24

Iraqi Dinar Video Update Saturday Afternoon 4-20-24

WOW Zimbabwe IQD RV Approved Today - 3:15

Iraqi Dinar Exchange Rate 4.58$ Today – 2:40

Iraqi Dinar Officially Announcement Today – 4:13

Finally Wells Fargo Big Announcment About IQD = 3:21

Iraqi Dinar Video Update Saturday Afternoon 4-20-24

WOW Zimbabwe IQD RV Approved Today - 3:15

Iraqi Dinar Exchange Rate 4.58$ Today – 2:40

Iraqi Dinar Officially Announcement Today – 4:13

Finally Wells Fargo Big Announcment About IQD = 3:21

 WOW Zimbabwe IQD RV Approved Today – 3:15

https://www.youtube.com/watch?v=MvWr8sKy0ME

Iraqi Dinar Exchange Rate 4.58$ Today – 2:40

https://www.youtube.com/watch?v=Jze-iILVY9g

Iraqi Dinar Officially Announcement Today 4:13

https://www.youtube.com/watch?v=43l585O0F90

Finally Wells Fargo Big Announcment About IQD – 3:21

https://www.youtube.com/watch?v=WU8FQIilmSM

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KTFA, News Dinar Recaps 20 KTFA, News Dinar Recaps 20

Some “Saturday News” Posted by Clare at KTFA 4-20-2024

KTFA:

Clare:  Iraq preparing to amend its budget law

4/20/2024

ERBIL (Kurdistan24) – Khalil Ghazi, A member of the Iraqi parliament's finance committee, revealed to Kurdistan24 that the budget amendment for 2024 has been finalized by the Council of Ministers and is now awaiting the return of the Iraqi Prime Minister from Washington for final review.

Iraq's budget deficit has increased by 16 trillion dinars in the past year, bringing the estimated deficit for this year's budget bill to more than 80 trillion dinars.

The allocation of the budget to provinces in central and southern Iraq, especially those facing high poverty rates and service issues, has caused conflict among factions in parliament. These provinces are dissatisfied with the share of the budget allocated to them.

KTFA:

Clare:  Iraq preparing to amend its budget law

4/20/2024

ERBIL (Kurdistan24) – Khalil Ghazi, A member of the Iraqi parliament's finance committee, revealed to Kurdistan24 that the budget amendment for 2024 has been finalized by the Council of Ministers and is now awaiting the return of the Iraqi Prime Minister from Washington for final review.

Iraq's budget deficit has increased by 16 trillion dinars in the past year, bringing the estimated deficit for this year's budget bill to more than 80 trillion dinars.

The allocation of the budget to provinces in central and southern Iraq, especially those facing high poverty rates and service issues, has caused conflict among factions in parliament. These provinces are dissatisfied with the share of the budget allocated to them.

The Iraqi budget is composed of three main components: revenues, expenditures, and a budget deficit. Revenues include oil exports, taxes, and customs duties, while expenditures cover government spending in various sectors such as education, healthcare, infrastructure, and defense. The budget deficit occurs when expenditures exceed revenues, and it can be financed through borrowing or international aid.   LINK

Clare: Al-Sudani returns to Baghdad after concluding his official visit to America

4/24/2024

Prime Minister Muhammad Shiaa Al-Sudani returned to the capital, Baghdad, after concluding his official visit to the United States of America.

According to a statement issued by the Sudanese Media Office, the visit included a series of meetings, discussions, seminars, dialogue sessions and other activities, as follows:

■ Meeting with US President Mr. Joseph Biden

■ Receiving Secretary of State Anthony Blinken

■ Visiting the Pentagon headquarters and meeting with the Minister of Defense, Mr. Lloyd Austin

■ Receiving the Czech Prime Minister, Mr. Peter Fiala

■ Receiving the US Secretary of Homeland Security, Mr. Alejandro Mayorkas

■ Receiving the Deputy Secretary of the US Treasury, Mr. Wally Adeyemo

■ Sponsoring the signing of 18 memorandums of understanding in energy, economy, oil sector development and the pharmaceutical industry

■ Receiving a number of members of the House of Representatives from the Republican and Democratic parties

■ Receiving the Chairman of the Democratic Caucus in the US House of Representatives, Mr. Seth Molten

■ Receiving US Senator Democratic Senator Tim Kaine

■ Receiving US Senator Lindsey Graham

■ Receiving a number of former US ambassadors who served in Iraq.

■ Receiving the Chairman of the US Wheat Council, Mr. Vince Peterson

■ Receiving a JP Morgan delegation

■ Receiving the President of GE Vernova Energy Technology Company, Mr. Scott Strazik

■ Receiving a delegation from the American company Stellar Energy

■ Receiving a delegation from the American company General Dynamics

■ Receiving a delegation from the American company (Baker Hughes).

■ Receiving a delegation from Lockheed Martin, which is responsible for manufacturing F16 aircraft.

■ Receiving the President of the American company (Hanwell), Mr. Ken West

■ Receiving the President of KBR Sustainable Technology Solutions, Mr. Ji Ibrahim, in Houston

■ A number of major American companies specialized in the field of oil and gas met in the city of Houston in a workshop

■ A meeting with an elite group of Iraqi businessmen in the US state of Michigan

■ Receiving a delegation from the Baker Institute for Energy Studies and Research in Houston

■ A meeting with representatives of research centers specialized in Iraq and the region in Washington

■ Dialogue at the Atlantic Council Foundation in Washington, DC

■ Dialogue seminar at Johns Hopkins University in Washington

■ Meeting with a group of the Iraqi community in Washington, DC

■ A meeting with the Iraqi community in the American city of Houston

■ Meeting a large crowd of the Iraqi community at the Islamic Forum in the American state of Michigan

■ Meeting with a group of the Iraqi community at the Iraqi Chaldean Center in the US state of Michigan

■ An artifact dating back to the Sumerian civilization (2900-3000 years BC) was received from the Metropolitan Museum in New York.

■ Receiving the family of American citizen Kayla Mueller, who was kidnapped by ISIS terrorist gangs in the Syrian city of Aleppo in 2013, and was liquidated in 2015.

■ A meeting with representatives and correspondents of a number of Western media outlets in Washington

■ Interview with CNN

■ Interview with the American newspaper The Washington Post

■ A press interview with Al-Monitor

■ Interview with the Wall Street Journal

■ A television interview with the American PBS channel

■ Visit the Iraqi Embassy in Washington, and meet its employees.  LINK

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Clare:  Al-Sudani announces the conclusion of his visit to the United States and summarizes it with these paragraphs

4/19/2024

Washington

Today, Saturday, Prime Minister Muhammad Shiaa Al-Sudani announced the conclusion of his visit to the United States.

Al-Sudani said, during a conference with journalists attended by a Al-Rabaa correspondent: @I thank the satellite channels that covered all aspects of the visit, including Al-Rabaa.

He added: "We reach the conclusion of our 6-day visit, which expressed the government's vision, and that the goal of achieving this transition is after we have overcome the concerns of the security phase."

He continued, "This visit witnessed the first meeting concerned with the implementation of the strategic framework agreements, and there will be periodic meetings."

He continued: "We stressed that the government is continuing to achieve economic reform by supporting the private sector by signing a number of agreements and contracts."

He continued: “During our tours and visits, we met with companies specialized in the fields of oil, gas and energy and reviewed investment opportunities,” adding: “We held important meetings with the US Treasury to complete financial and banking reforms and reached satisfactory solutions that address the conditions of the sanctioned banks.”

He stressed that "the impression from the Treasury on the Iraqi institutions was positive, given the record period of time spent in accordance with the recommended systems."

He pointed out that "the statement issued by the White House emphasized the committee's dialogue and its outcomes to end the mission of the international coalition after the justifications no longer exist, and the dialogues will continue."

Al-Sudani said: “Our meetings with the Iraqi community are part of our commitment to governmental responsibility, and they are a real wealth because of their competencies and minds that can serve the country.”

He explained, "The indicators are clear for the success of the visit in terms of the vision that was proven for the goals and agendas of the visit, and that the outcomes of the visit are now entering the follow-up phase, which is very important in order to translate the treaties and agreements we have reached into reality."   LINK

Clare: The Ministry of Finance specifies steps that must be taken before canceling the currency selling window in Iraq

4/20/2024

The Parliamentary Finance Committee confirmed, on Saturday, that the Central Bank of Iraq had taken a decision to cancel the currency sale window, indicating the necessity of taking steps prior to implementing this decision.

Member of the Parliamentary Finance Committee, Hussein Moanis, told Shafaq News Agency, “There is a decision issued by the Central Bank to cancel the window for buying and selling foreign currency in the year 2024, but it did not specify the exact time to start the decision.”

He explained that "canceling the currency selling window is linked to the reliance of private banks on correspondence with international banks and the method of currency conversion."

This comes after the Central Bank of Iraq gave up its status as a “correspondent” and granted it to several foreign banks, a step with unclear definitions and results, and some observers have warned against it.

In November 2023, the Governor of the Central Bank of Iraq, Ali Al-Alaq, announced the start of importing dollars into the country through Iraqi bank accounts abroad.

Munis asserts that "this step must be preceded by an increase in the classification of Iraqi banks, and this is what qualifies them to deal with international banks, but the real problem that we face is that Iraqi banks do not have a correspondent and are not accredited outside the country."

The member of Parliamentary Finance pointed out that “the government and the Central Bank are seeking to strengthen and increase the classification of private banks,” indicating “an intention by the banks to engage in correspondence and external transfers.”   LINK

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

Clare:  His financial advisor: Al-Sudani pledged to protect investors and the government is responsible for their actions

4/20/2024  Baghdad –

Mazhar Saleh, Advisor to the Prime Minister for Financial Affairs, announced today, Saturday, that Prime Minister Muhammad Shiaa Al-Sudani’s pledge to provide a positive business climate for investors from the United States is an essential factor in reducing and completely eliminating risk calculations, especially “added costs,” indicating that this pledge It will make the executive authority a direct supervisor of the work of foreign investors.

Saleh said in a statement to the official agency, followed by the 964 Network , that “the launch of the project to protect and maintain the investment environment in our country and improve government services for foreign investors, especially the investor sector from the United States, represents the launch of a package of government directions and its strong pledges that support the stability of foreign investment activity and in a way that serves the interest of development and progress.” And the economic prosperity in our country, without a doubt.”

He added that it is “a signal to provide opportunities for success for the work of investors, which requires providing a smooth and facilitating climate free of inherited bureaucratic obstacles that in the past delayed investment activity in our country and led to adding high and exceptional burdens and costs to the accounts of investment projects that have been called in the literature (the cost of Iraq), which It meant the cost of investment risks outside global measurements.”

He pointed out that “the Prime Minister’s pledge to provide a positive business climate for investors from the United States is an essential governmental factor in reducing risk calculations and eliminating them completely, especially the risks of the cost element added to the investment project itself, financially and temporally, which are aspects that investors were exposed to in the past and add prohibitive burdens and costs.” “.

He continued, “The Prime Minister’s pledge means that the executive authority will become the direct supervisor of the work of American investors in the selected investment fields in our country, and that the government’s protective frameworks that will be devoted to this purpose will become a legal and administrative tradition to protect investment activities, or what may be called: investment security and the protection of foreign investors.”

In our country in general and US investors in particular, this is a realistic and direct expression of the state’s strong will to provide investors with all the facilities required by the foreign investor in accordance with the contracts and obligations signed and legally enforceable when implementing their projects in our country.”   LINK

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Goldilocks, News Dinar Recaps Goldilocks, News Dinar Recaps

Goldilocks' Comments and Global Economic News for April 20th

Good evening Dinar Recaps,

The BRICS Nations are creating a common digital payment platform."Russian Deputy Foreign Minister Sergey Ryabkov said that BRICS nations have already established a special channel for information exchange between their central banks"

They have completed a messaging system that already talks back and forth to the central banks of these countries.

This information is secured and ensures payment capabilities on both sides of a trade.All they have left to complete is an agreement on what stablecoin they will use to complete their settlement transactions.

WATCH THE WATER.

© Goldilocks

TASS

~~~~~~~~

"After ON RRPs go to zero, reserves will decline, further reducing the Fed's interest expenses and losses. But it's not straightforward."

Good evening Dinar Recaps,

The BRICS Nations are creating a common digital payment platform.

"Russian Deputy Foreign Minister Sergey Ryabkov said that BRICS nations have already established a special channel for information exchange between their central banks"

They have completed a messaging system that already talks back and forth to the central banks of these countries.

This information is secured and ensures payment capabilities on both sides of a trade.

All they have left to complete is an agreement on what stablecoin they will use to complete their settlement transactions.

WATCH THE WATER.

© Goldilocks
TASS

~~~~~~~~~

"After ON RRPs go to zero, reserves will decline, further reducing the Fed's interest expenses and losses. But it's not straightforward."


This is why we are transitioning into a Basel 3 requirement regimen and the reason for our movement from Libor (interest gains agreement) contracts to SOFR (gold gains agreement) contracts in overnight repo Market repurchase agreements.

SOFR contracts are currently our liquidity for overnight banking purchasing opportunities going forward.

"The U.S. is effectively in an abundant reserves situation now, but the Fed’s stated policy is to move to an ample reserves regime."

In other words, banks are holding far more reserves than necessary to meet legal requirements for liquidity buffers. This is known as the abundant reserves regime.

When we witness a change in our monetary policy towards an ample reserves regimen for the banking system, a monetary policy shift will occur. Interest rates will be lowered, and the price of gold will rise to fulfill debt obligations.

This shift will lock in a new connection between our banking system and the markets. We will have a secured loan collateral regimen that will ensure both sides of a transaction are capable of doing so inside a new digital asset-based trading system.

This will usher in clearance to operate inside a new digital asset-based trading system whereby gold held inside our banking system will enable us to move into a new regulated tokenized asset economy.

Look for MICA crypto regulations to move inside the Global Economy giving a structured framework under a digital Gold Standard Protocol.

A new economy determined by the people and for the people. "All roads lead to gold, and 'digital gold' will set us free."

© Goldilocks
Brookings Edu
Wolf Street
NY Fed
Investopedia
US Debt Clock

~~~~~~~~~

Today's articles reflect measurement mechanisms used to determine new values in an economy. This is where we are in the process of moving to our new digital economy.

As we have reviewed before, this is part of the Credit Valuation Adjustment measurements needed to determine new rates of Exchange on all sectors of the market.

© Goldilocks

Treasury International Capital Data for February | U.S. Department of the Treasury

~~~~~~~~~

The member of the parliamentary finance pointed out that “the government and the central bank seek to strengthen and increase the classification of civil banks,” noting “the intention of banks to enter into correspondence and foreign transfers.”

Here, Iraq is telling us that they are taking steps to move into doing foreign currency exchanges inside their banking system locally and Internationally.

The article goes on to say that they did not know for sure when this would take place, but they are taking steps currently towards this end.

© Goldilocks
Search4Dinar

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"The foreign exchange (FX) auction is a monetary policy instrument through which the National Bank sells or buys foreign currency on the interbank FX market."

Iraq is currently moving away from the buying and selling of their currency through currency auctions to a foreign currency exchange regimen through their banking system.

© Goldilocks
Search4Dinar
National Bank of Georgia

~~~~~~~~~

Bitcoin Halving Announcement:

"Mechanically, the halving itself shouldn't affect the price of bitcoin in the short term, but many investors are expecting big gains in the months ahead, based on the cryptocurrency's performance after previous halvings."

The event took place rather smoothly last night. No glitches happened inside the system.

Going forward, this will make Bitcoin harder to mine and more scarce. It will begin to raise the price of cryptocurrencies across all sectors.

© Goldilocks
CNBC

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Acting Comptroller Hsu Discusses the Final Rule to Strengthen and Modernize CRA Regulations | Youtube

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Is China one step ahead? | Youtube

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GOLD Mystery Buyers? | Systemic Price Rigging to Go Common Knowledge | Youtube

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Chair’s Statement Forty-Ninth Meeting of the IMFC | IMF

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Principles for Reducing the Size of the Federal Reserve's Balance Sheet |  Federal Reserve Board 

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What new oil and gas pricing regulations mean for industry – Deseret News

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14 Commercial MoU's Signed between Iraq and US | Iraq Business News

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Saturday PM 4-20-2024

TNT:

CandyKisses:  Fourth, Arab.. Iraq’s reserves of gold {137.7} tons

{Economic: Euphrates News} The former director of Dwan Financial Supervision, Salah Nouri, revealed today, Saturday, Iraq's gold reserves.

Nouri {Euphrat News} said that: "The gold reserve of the Central Bank of Iraq is up to {137.7} tons and comes in fourth place in the Arab world according to the statistics of the World Gold Council based in London."

He pointed out that "we do not have accurate information about the amount of gold reserves in the Central Bank of Iraq, in general, the Central Bank should diversify investments between US government bonds and investment in gold."

On the most prominent things of the US magazine Forbes magazine about the reasons for the rise in gold prices globally, Nouri explained that "the high demand for gold by Chinese investors and your universe is to hedge against economic instability that affects investment in stocks and bonds."

TNT:

CandyKisses:  Fourth, Arab.. Iraq’s reserves of gold {137.7} tons

{Economic: Euphrates News} The former director of Dwan Financial Supervision, Salah Nouri, revealed today, Saturday, Iraq's gold reserves.

Nouri {Euphrat News} said that: "The gold reserve of the Central Bank of Iraq is up to {137.7} tons and comes in fourth place in the Arab world according to the statistics of the World Gold Council based in London."

He pointed out that "we do not have accurate information about the amount of gold reserves in the Central Bank of Iraq, in general, the Central Bank should diversify investments between US government bonds and investment in gold."

On the most prominent things of the US magazine Forbes magazine about the reasons for the rise in gold prices globally, Nouri explained that "the high demand for gold by Chinese investors and your universe is to hedge against economic instability that affects investment in stocks and bonds."

 “There are also concerns about lowers interest rates on investment in U.S. government bonds, which has led to investing in gold as a safe haven,” he added.

Nouri concluded by "the geopolitical reasons for the Russian-Ukrakranian war and the war on the people of Gaza by the Zionist entity are all reasons that pushed the rise in gold prices globally."

Gold prices rose on Friday due to risk absilitance in financial markets.
By 04:29 GMT, gold in spot transactions had risen 0.3% to $2386.05 an ounce after jumping briefly to $2417.59 earlier in the session, hoving near an all-time high of $2431.29 it recorded last Friday.

***********

Tishwash:  Sudanese Advisor: The next meetings with the American side will be held in Baghdad

The Prime Minister's Advisor for Transport Affairs, Nasser Al-Asadi, confirmed today, Saturday, the formation of joint committees to exchange dialogue points. He indicated that the upcoming meetings with the American side will be held in Baghdad . 

Al-Asadi said in a statement to the official media, followed by “Mail,” that “the meetings held in Washington witnessed the activation of the framework agreement between Iraq and the United States, especially in the areas of education, transportation, health, human rights, the role of women, strategic relations between Iraq and the United States, and the relationship of American financing funds with the Central Bank.” Al-Iraqi, indicating that “the meetings were fruitful and we produced important results .” 

He added: “Specialized committees have been formed between the United States and Iraq to exchange dialogue points,” pointing out that “the next meetings will be in Baghdad to begin implementing the mechanisms of the agreement concluded in the United States .”

Al-Asadi stated, “All meetings in the United States are successful due to the reaction of other parties and parties,” pointing out that “Iraq announced during the visit great investment opportunities for American companies, and plans were drawn up between Iraqi and American investors .”
He pointed out, "The Iraqi delegation that visited Washington included a team from the private sector, because the government encourages expansion with private sector companies, which will be easier to deal with companies and government instructions ."

Earlier today, Al-Sudani returned to Baghdad after a week-long visit to the United States, during which he held a series of important meetings, the most important of which was his meeting with US President Joe Biden .   link

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

Militia Man  [Q&A portion of Al-Sudani interview] Question:  "Is the government thinking of revaluing the dinar and readjusting the value of the dinar due to the current circumstances in the market or do you see it to stay the same?"  Al-Sudani's answer:  "This policy is dictated by the central bank and the government abide by what the bank decides.  I believe we are in the best status we could be in and we have actually had an assessment which has given much trust, higher trust at a higher level from different global parties...This is going to raise the level or value of the Iraqi dinar.  There is policy that is consistent policy that the central bank is using..." [Post 1 of 2....stay tuned]

Militia Man  MILITIA MAN:  Deletion of the zeros project, is that what they're talking about If you're going to raise the value of the currency you're going to have to do something to it and that's the exchange rate.  You don't just LOP three zeros off a currency and say, 'Snip! Go use this'.  It doesn't work that way.  They have to raise the value...We know their reserves are $110 to $112 billion, they have gold, they have all the new electronic systems, taxes and tariffs...tourism, agriculture, liquid gas, all that stuff added into this is going to benefit them.  Basically what is he saying They're going to raise the level of the value of the Iraqi dinar.  That's really powerful... Post 2 of 2]

Former Advisor to President Reagan and Professor of Economics, Steve Hanke Talks on the U.S. Economy

Sachs Realty:  4-20-2024

U.S. Economy is crumbling! Steve Hanke, Professor of Applied Economics at Johns Hopkins and Former Economic Advisor to President Ronald Reagan talks about the state of the U.S. economy and monetary system.

https://www.youtube.com/watch?v=FPsbDjI1K5g

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Saturday 4-20-2024

TNT:

Tishwash:  Iraq officially joins the Singapore Trade Agreement

 The United Nations mission, UNAMI, said on Friday that Iraq officially signed the Singapore Agreement on Mediation, which is an “important” step towards developing the resolution of trade disputes in Iraq.

The Singapore Mediation Convention is a standardized and effective framework for international settlement agreements resulting from mediation, which parties conclude to resolve a commercial dispute.

The Singapore Agreement will facilitate international trade by enabling disputing parties to easily enforce and recall settlement agreements across borders. Companies will benefit from mediation as an additional option to litigation and arbitration in resolving cross-border disputes.  link

TNT:

Tishwash:  Iraq officially joins the Singapore Trade Agreement

 The United Nations mission, UNAMI, said on Friday that Iraq officially signed the Singapore Agreement on Mediation, which is an “important” step towards developing the resolution of trade disputes in Iraq.

The Singapore Mediation Convention is a standardized and effective framework for international settlement agreements resulting from mediation, which parties conclude to resolve a commercial dispute.

The Singapore Agreement will facilitate international trade by enabling disputing parties to easily enforce and recall settlement agreements across borders.

Companies will benefit from mediation as an additional option to litigation and arbitration in resolving cross-border disputes.  link

CandyKisses:  Iraq is the fourth Arab with the highest growing economies in the world in 2025

Economy News - Baghdad

International Monetary Fund data predicted on Saturday that Iraq will rank fourth in the world's fourth-highest growing Arab economies in 2025.

In a report followed by NRT Arabia, the IMF said that the global economy is likely to continue to grow at a rate of 3.2% in the years 2024 and 2025, and Saudi Arabia is expected to be among the Arab countries that are witnessing positive growth during that period.

With expectations of an increase in economic growth, the International Monetary Report reflects optimism about Arab and global economies in general, and that Saudi Arabia may be at the forefront of Arab countries in terms of economic growth in the coming years.

According to the IMF report, Saudi Arabia topped the Arab countries in terms of economic growth rate in 2025, with a growth of 6 percentage points, followed by Mauritania with an expected growth rate of 5.5 percentage points, followed by Sudan with an expected growth rate of 5.4 percentage points, and Iraq came fourth with an expected rise of 1.3 percentage points to reach a growth rate of 5.3 percentage points.

Egypt came fifth in terms of economic growth rate for 2025, with an expected growth of 4.4 percentage points, followed by the UAE with an expected growth of 4.2 percentage points, followed by Kuwait with an expected growth of 3.8 percentage points, Morocco with an expected growth of 3.3 percentage points, Bahrain came ninth with an expected growth of 3.2 percentage points, followed by Algeria with an expected growth rate of 3.1 percentage points.

In 11th place, Oman came with an expected growth of 3.1 percentage points, followed by Jordan with an expected growth of 3 percentage points, followed by Qatar with an expected growth rate of 2 points, and Tunisia in last place with an expected growth of 1.8 percentage points.

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

Tishwash:  It's at the end 1:28 ish- but this is the transcript of it …..the last question it's at about 1:28 an hour and 28 minute mark

Iraq’s prime minister on building a stronger relationship with the United States (Atlantic Council) RV Question Answer

Question: is the government thinking of reevaluating the dinar and um readjusting the value of  the dinar due to the current uh circumstances in the market or do you see it to stay the same

Answer: this policy actually is dictated by the central bank and uh the government  abides by what the bank decides, right now I believe we are in the best status that we could be in and we have actually had an assessment which has given lot much trust higher trust at a higher level from different uh Global parties. so we started reforms when it comes to the banking sector  and when we  spoke about that before but this is going to actually raise  the level of or the value of the Iraqi dinar and there is actually a policy that is a consistent policy that  the central bank is using when it comes to Investments and how they invest the money for you know our own   reserves here in Iraq of course there are so many different topics that we could speak about

https://youtu.be/gcEWYgmd5vc

Mot:  Okay husband… Now I know how you feel when I’m shopping for clothes!

Mot:  ... All I Can Say is ----- HOW!!!!!

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Iraqi Dinar Today Video Updates Saturday AM 4-20-24

Iraqi Dinar Today Video Updates Late Friday Evening 4-19-24

Massive News Finally Dinar & Dong WOW it's Happening it's Done – 2:51

OW US Treasury Standards To US Banks Exchange Dinar – 4:22

Chase Bank & Citibank Announcement End Of Wait Over – 3:22

World Bank Green Signal To Iraq On IQD Revaluation – 4:33

Iraqi Dinar Today Video Updates Saturday AM 4-20-24

WOW Al Sudani Unfolding The Mystery Today – 2:34

Great Exchange Rate Fixed 1 IQD to $4.33 USD – 3:51

Massive Officiate Announcement On Tv  Channel New Rate Will Be Done – 4:13

WOW Al Sudani Unfolding The Mystery Today – 2:34

https://www.youtube.com/watch?v=Dfnl1Oh3wds

Great Exchange Rate Fixed 1 IQD to $4.33 USD – 3:51

https://www.youtube.com/watch?v=tp8IeqVsH50

Massive Officiate Announcement On Tv  Channel New Rate Will Be Done – 4:13

https://www.youtube.com/watch?v=WjadwAP0K6E

Read More
News DINARRECAPS8 News DINARRECAPS8

Iraq Economic News and Points to Ponder Friday Evening 4-19-24

Iraq Economic News and Points to Ponder Friday Evening 4-19-24

An Economic Expert Explains The Reason For The Scarcity Of The Dinar And Reveals A “Big Mistake”

Time: 04/19/2024 Read: 2,808 times {Economic: Al-Furat News} An economic expert explained the reason for the scarcity of the dinar in local markets.

Bassem Jamil Antoine told Al-Furat News Agency, “The scarcity of the dinar is due to the reasons people hoard it and use it for work and trading instead of the dollar and investing it.”

He added, "A process of dollarization of society was carried out, and this is a big mistake, until the public went towards buying property and real estate, and the dinar decreased from the street."

Antoine continued, "There can be reassurance from citizens if the sanctioned banks are restored and dealt with correctly, and stability will return again."

Iraq Economic News and Points to Ponder Friday Evening 4-19-24

An Economic Expert Explains The Reason For The Scarcity Of The Dinar And Reveals A “Big Mistake”

Time: 04/19/2024 Read: 2,808 times  {Economic: Al-Furat News} An economic expert explained the reason for the scarcity of the dinar in local markets.

Bassem Jamil Antoine told Al-Furat News Agency, “The scarcity of the dinar is due to the reasons people hoard it and use it for work and trading instead of the dollar and investing it.”

He added, "A process of dollarization of society was carried out, and this is a big mistake, until the public went towards buying property and real estate, and the dinar decreased from the street."

Antoine continued, "There can be reassurance from citizens if the sanctioned banks are restored and dealt with correctly, and stability will return again."  LINK

Parliament Finance Advises Raising Exchange Rates Again... What About Oil Revenues?

Money  and business  Economy News – Baghdad  Member of the Parliamentary Finance Committee, Adnan Al-Zarfi, stressed today, Friday, the necessity of suspending the dollar exchange rates in Iraqi markets, while indicating that America is pressuring Iraq to reform the banking system.

Al-Zarfi said, in an interview followed by Al-Iqtisad News, that “the exchange rate of the dollar against the Iraqi dinar must be more than 1,500 dinars in order to create real economic development,” indicating that “the current exchange rate allows for the weakening of the local industry.”

He added, "The revenues from Iraqi oil exports go to the US Federal Bank in two accounts," pointing out that "the US Federal Bank noticed that there were different numbers for Iraq's imports from customs and the central bank, which led to a change in the trade financing mechanism."

The member of the Finance Committee added, “Failure to pay taxes and customs duties is one of the most important indicators Americans have about the economy.”

Al-Zorfi stated, “The Al-Kadhimi government neglected to establish the dollar platform despite America’s demand to do so,” noting that “America is pressuring Iraq to reform the banking system, and within 5 years we will eliminate monetary dealing.”

414 views  Added 04/19/2024 https://economy-news.net/content.php?id=42617

American Immunity Over Iraqi Funds... How Did It Begin And What Does It Mean?

Time: 04/18/2024 Read: 5,161 times  {International: Al-Furat News} On May 22, 2003, former US President George W. Bush issued an executive order to protect the Development Fund for Iraq, in which the proceeds of oil sales were deposited, with the aim of protecting it from any legal prosecution.

After more than two decades, successive US administrations are still renewing this presidential executive order and other orders related to Iraq and aiming to protect its funds.

The current US President, Joe Biden, signed the decree extending the state of national emergency related to the situation in Iraq for another year, which stated: “There are still obstacles to the orderly reconstruction of Iraq, restoring and maintaining peace and security in the country, and developing political, administrative, and economic institutions in Iraq.”

The statement added that these obstacles "pose an extraordinary threat to the national security and foreign policy of Iraq and the United States of America as well. Therefore, (Joe Biden) has decided that it is necessary to continue the state of national emergency declared under Executive Order 13303 regarding the stability of Iraq."

What is Executive Order 13303?

The Executive Order is intended to protect the Development Fund for Iraq and certain other properties in which Iraq has an interest.

According to what was stated in the text of the executive order, then US President George W. Bush saw that there was a threat to seize or take other judicial measures against the Development Fund for Iraq and Iraqi oil and petroleum products and the revenues arising from them.

The executive order also stated that this situation “poses an extraordinary threat to the national security and foreign policy of the United States, and therefore a national emergency has been declared to address this threat.”

The order states that any seizure, judgment, decree or other judicial proceeding against the Development Fund for Iraq or Iraqi oil and petroleum products and the proceeds and obligations relating to their sale or marketing shall be null and void.

The Executive Order prohibits all US citizens and residents of the United States, as well as any entity organized under US laws, from filing lawsuits against Iraqi funds.

According to the US National Emergency Law, failure to renew the executive order within a period of 90 days from the date of the previous renewal means that it will become invalid.

Development Fund for Iraq

The Development Fund for Iraq was established after 2003, and before that, money from Iraqi oil sales was placed in an account managed by the United Nations within what is known as the Oil-for-Food Program.

In the mid-nineties of the last century, the UN Security Council resolution related to oil for food was issued and stipulated the sale of a portion of Iraqi oil in exchange for the purchase of medicines and food during the era of Saddam Hussein’s regime, which suffered international sanctions as a result of its invasion of Kuwait in 1990.

This situation continued until 2003, when a new Security Council resolution was issued under which most of the economic sanctions were abolished, provided that issues related to the invasion of Kuwait were resolved, such as compensation, prisoners, and others.  LINK

Al-Sudani: My Visit To Washington Is To Start A New Page In Relations Between Iraq And America

Friday 19, April 2024 22:11 | Political Number of readings: 188

Baghdad / NINA / The Prime Minister, Muhammad Shiaa Al-Sudani, said today, Friday, that his visit to the capital of the United States, Washington, came to start a new page in relations between Iraq and America.

He added during an interview at the Atlantic Council in Washington, "The goal of the visit is to activate the provisions of the strategic framework agreement," noting, "We implement government policy with a clear vision and the basic principle of foreign policy is Iraq first."

He pointed out that "Iraq today has regained its health," pointing out that "Iraq is witnessing a service and economic renaissance."

He stressed that "the victory over ISIS united the Iraqi people," explaining, "A series of important meetings were held during our visit to the United States," adding, "We found a positive atmosphere of understandings during our visit to the United States."

He pointed out that "there is a great desire among American companies to enter the Iraqi market," noting: "We indicated during the meeting with the US Treasury the necessity of reviewing the procedures that affected some Iraqi banks."

He stressed that "the government is determined to develop the economic and financial sectors," noting that "the unjust war taking place in Gaza exposes the region to great dangers."

He continued: "We must all work to stop this war immediately," reiterating his warning against "the consequences of expanding the scope of the crisis."

He pointed out that "there is a negative picture painted about the situation in Iraq and it contains a kind of exaggeration," stressing that "the current reality in Iraq is completely different." https://ninanews.com/Website/News/Details?key=1122004

Al-Sudani: Iraq Is In The Process Of Recovery And Has Taken Its Leading Position That Attracts Work And Companies

Money  and business  Economy News – Baghdad  The Prime Minister confirmed, today, Friday, that Iraq is in the process of recovery and has taken its leading position that attracts work and companies.

The Prime Minister’s Media Office stated, in a statement received by Al-Iqtisad News, that “Al-Sudani met at dawn today, Friday (Baghdad time), with an elite group of members of the Iraqi community during a gathering held at the Islamic Forum in the American state of Michigan, where the meeting hall was crowded with Iraqi families from The various sects and components that characterize Iraq.”

In a conversation with members of the community within the Islamic Forum in the state, the Prime Minister expressed “a feeling of pride and pride in the members of the community who have maintained their national affiliation, and among them are mujahideen who fought the dictatorial regime, as well as competencies who have proven their success in various specializations, which represents human wealth.” “It is needed by the development process in Iraq.”

He explained, "The government today represents all components, based on a large political coalition, and the people's program feels its repercussions through their optimism and satisfaction, which was accompanied by security and political stability.

These are factors that pushed us to continue working and providing services, and to move within a new economic and investment policy in addition to basic economic reforms." .

He pointed to "the government's balanced policy regarding the events in the region and the repercussions of the war in Gaza, the repercussions of which Iraq had previously warned.

The government pursued a balanced foreign policy to make Iraq a station for security, in accordance with the principle of intertwined interests and economic partnerships. This is why the Development Road Project came to enhance stability in Iraq." .

He stressed that "Iraq is in the process of recovery and has taken its leading position that attracts work and companies, which represents a guarantee for the stability of the region.

Victory over ISIS has been achieved through the sacrifices of its people and the help of the international community and friends under the title of the international coalition, whose justifications for its existence have ended today, and work is underway to move the relationship with the coalition countries to "Multiple broader stages of security cooperation."

The Prime Minister revealed "the content of the meetings with officials and representatives of American companies, which resulted in cooperation with American companies in the investment opportunities that were presented to them in the field of oil, gas and petrochemicals, stressing the government's keenness to take care of all the affairs of the people of the community, through its directives to the ambassadors and the Ministry of Foreign Affairs to take care of their interests." And their affairs.”

237 views   Added 04/19/2024 - https://economy-news.net/content.php?id=42618

Oil Prices Rise After News Of An Israeli Attack On Iran

Economy | 04/19/2024  Mawazine News – Baghdad  Oil prices rose in trading today, Friday, with escalating tension in the Gulf region and the Middle East, which raised market fears about global crude supplies.

By 08:20 Moscow time, US West Texas Intermediate crude futures rose by 2.30% to $84.63 per barrel.

While Brent crude futures rose by 2.11% to $88.95 per barrel, and before that, contracts were traded above $90 per barrel, according to Bloomberg data.

Explosions rocked at dawn today near Isfahan Airport and the Hastam Shikari military air base in Iran, while an American official confirmed the start of an Israeli attack on Iran.

https://www.mawazin.net/Details.aspx?jimare=246264

 

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

 

Provoking Points To Ponder on Failures and Mistakes

The fearful are caught as often as the bold.- Helen Keller

Inaction, contrary to its reputation for being a refuge, is neither safe nor comfortable.- Madeleine Kunin

They fail, and they alone, who have not striven.- Thomas Bailey Aldrich

You may be disappointed if you fail, but you are doomed if you don't try.- Beverly Sills

It takes as much courage to have tried and failed as it does to have tried and succeeded.- Anne Morrow Lindbergh

Failure is something made only by those who fail to dare, not by those who dare to fail.- Louis Binstock

You don't always win your battles, but it's good to know you fought.- Marjorie Holmes

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

http://famousquotesandauthors.com/quotes_by_topic.html

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Saturday 4-20-2024

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 Sat. 20 April 2024 Compiled Sat. 20 April 2024 12:01 am EST by Judy Byington

Global Currency Reset: (Rumors)

Fri. 19 April Wolverine:

Many people have signed NDAs and we do not know if they have spendable money.  If people are being paid, they are being silent.

The Vietnam Dong is going to float.

The Dinar, which is now hours away, actually, is to go up.  It is close now to going on the Forex and in the Gazette.

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 Sat. 20 April 2024

Compiled Sat. 20 April 2024 12:01 am EST by Judy Byington

Global Currency Reset: (Rumors)

Fri. 19 April Wolverine:

Many people have signed NDAs and we do not know if they have spendable money.  If people are being paid, they are being silent.

The Vietnam Dong is going to float.

The Dinar, which is now hours away, actually, is to go up.  It is close now to going on the Forex and in the Gazette.

Colombia will be joining BRICS and they will get their gold backed currency on Tues. 23 April.

China has pardoned all of Zimbabwe’s debts. This is huge news for Zimbabwe. 

My counterparts in Brazil said that yesterday Thurs. 18 April the banks received the payment authorization codes from the central bank of Brazil to release the notices and asked for 24 hours to carry out the logistics of distributing the notices.

The military and G13 will enter tomorrow Sat. 20 April to receive their already unlocked amounts.

Releases for DF operations will be paid on Wed. 24 April, a date set by the institution itself.

MarkZ said big contracts are getting finalized. He has never seen that before.  I also got this confirmed by my Brazilian counterparts. These are Big Contracts. This is happening, it is real.  Just have faith.

Note from Wolverine’s Friend Richard:  “I am involved on both sides, both on the bond sellers and also the bond buyers side as well. I wanted to clarify the importance of the message from MarkZ about final contacts being received by the sellers. Over the past 4 to 5 years, thousands of contracts have been put together, but they have always been just by the sellers. The sellers have never received contracts from the buyers because of the confidentiality. What is happening, now, and as MarkZ said, for the first time, is actually the sellers, who are the owners of the bonds, have now finally received what is called the MOTHER CONTRACTs, which are the contracts from the buyer’s side. This is only being done because it is the start of the payment. So, the MOTHER CONTRACT is the only time that the seller’s contract and the buyer’s contracts are joined together. So that is a very big step. Once that is put together, then the paymasters can be authorized to start the payments. This is a very big step, and this is happening to our clients in many territories including Zurich, Hong Kong, and Brazil. It seems very likely we should be able to cross the finish line by next week. We have top contacts on the buyer’s side who write up for redemptions, and, they have it confirmed that the payments have been starting, following the final contracts. This news is straight from Reno.  Things are definitely starting in Reno.” 

Wolverine: I did receive news from a huge whale in Europe, she has received email from Reno, and has been told that Reno has started the process. By Mon. 22 April a lot of countries will be gold backed. 

~~~~~~~~~~~

Fri. 19 April TNT Tony:

Iraq’s Sudani headed back to Iraq Fri. night. Multiple high-order contracts have been signed!

Sources in Iraq say this will be done by Mon. 22 April.

Expect our announcement by Monday. (Probably Sunday) Everything is done and ready to go!

Banks have been told to be ready!

The release process will start as soon as the delegation arrives in Iraq. I received a message near the end of the call that the process has just started in Iraq.

ZIM 2008 / 2009 – 50 -100 T notes are the notes targeted for redemption.

Bolivar is still in the first basket.

IQD Contract Rate will only be available at a Redemption Centre.

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

Thurs. 18 April Bruce: A Wells Fargo Paymaster in Tier 3 reported that Bond Holders would receive their emails to set their exchanges by Fri. 19 April. He also said Tier4b (Us, the Internet Group) would receive our emails to set exchange appointments on Sat, Sun or Mon. 20, 21, 22 April, with appointments starting thereafter. Two older menwho worked for the US Treasury under President Reagan said that in their opinion Tier4b would receive their emails to do exchanges on Fri. or Sat. 19, 20 April. A Bank Contact told Bruce that Tier4b would be notified over the weekend, meaning Fri, Sat. or Sun. 19, 20, 21 April. The new Dinar and other currency International Rates of the 32 nations would go public when the Forex reopened at 5 pm EST on Sun. 21 April.

~~~~~~~~~~

Global Financial Crisis:

Asia stocks sink on reports of Middle East attacks; Singapore market down 0.6% | The Straits Times https://www.straitstimes.com/business/asia-stocks-sink-on-reports-of-middle-east-attacks-singapore-market-down-1

Fri. 19 April 2024 Bloodbath in Stock Market: https://www.goodreturns.in/news/bloodbath-in-stock-market-sensex-nifty-crashes-by-1-on-april-19-10-key-points-here-1342443.html

Fri. 19 April Global Economy Faces Immediate Impact From GCR and RV: https://beforeitsnews.com/alternative/2024/04/update-zimbabwe-gold-launches-with-gesara-qfs-overhaul-global-economy-faces-immediate-impact-from-gcr-and-rv-3812576.html

Read full post here:  https://dinarchronicles.com/2024/04/20/restored-republic-via-a-gcr-update-as-of-april-20-2024/

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

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

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:  Bank friend says...if it is 1 to 1 that's a good start but he feels like because what he personally knows the rate could carry a $5+ and support it very well because our reserves are way higher than what they are telling anyone.  That's just his opinion...  FRANK:  It will not start at 5 to 1 IMO as it will not start at 1 to 1.

Deepwoodz  Article:  "Al-Sudani: Iraq is a country full of opportunities and its projects amount to 400 billion dollars"  400 billion x 1310 = 524 trillion dinar...ummmmm….i don’t think so. Budget ain’t that big!  Unless you have a roundabout 3:1 rate the opposite direction.

Iraq: Over 14 Agreements Signed Between Iraq and US BREAKING NEWS from Congress.

Edu Matrix:  4-19-2024

Iraq: Over 14 Agreements Signed Between Iraq and US BREAKING NEWS from Congress. - This video shares information on the 14 different agreements made by the US and Iraq when the Iraqi PM visited the White House on April 15th.

 Some members of Congress are not happy over the PM's visit and have said so in a signed letter. The video shares Republican Congress persons' thoughts and reasons.

https://www.youtube.com/watch?v=pZP34QEq22o

IS YOUR CASH SAFE IN THE STOCK MARKET? Let's Talk About That...

Greg Mannarino:  4-20-2024

https://www.youtube.com/watch?v=BzeU4d4qkRw

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Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20

Weekend News with MarkZ and Charlie Ward and Zester 4-20-2024

Weekend News with MarkZ and Charlie Ward and Zester

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

MZ: We start the podcast with thecbdgurus and talk about anything that comes up. We will be sharing a conference room with Charlie Ward during his Insider's club podcast.

​​Member: Good morning MarkZ , Charlie Ward and family

MZ: Rumble is not allowed in Brazil so we will be back on Rumble on Tuesday.

MZ: This will be interesting this morning as we are doing two “Live streams” this morning.  Charlie and I decided it was better to do this together so you guys can see us both. Go ahead and ask what you want.

Member: When?

Weekend News with MarkZ and Charlie Ward and Zester

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

MZ: We start the podcast with thecbdgurus and talk about anything that comes up. We will be sharing a conference room with Charlie Ward during his Insider's club podcast.

​​Member: Good morning MarkZ , Charlie Ward and family

MZ: Rumble is not allowed in Brazil so we will be back on Rumble on Tuesday.

MZ: This will be interesting this morning as we are doing two “Live streams” this morning.  Charlie and I decided it was better to do this together so you guys can see us both. Go ahead and ask what you want.

Member: When?

MZ: When money or Nesara or when things change?

CW: I have always said throughout this journey that the collapse of the dollar and the Euro would have to be done first. When the collapse of the dollar and the Euro happens while Biden is in office….I suggest before November.

MZ: I suggest well before November.

Member:  For the love of God, collapse already!!!

CW: The fiat dollar will be replaced by an asset backed dollar. And a level playing field. That is where we are heading.

​​ MZ: There continues to be phenomenal news from the bond side. More and more sources say they are insisting on asset backed currency for the first payment. It was supposed to be in fiat so not certain how that will work- but, I’m following it.

Member: So if what was said the other day about bond holders 1% did the system change so the 1% will now be gold backed??? So our currency will be gold backed before or same time ?

MZ: What I think is the best part is Sudani just landed a few hours ago back in Iraq after a very interesting tour in the US. He took questions during a Q&A and was asked about the revaluation of the dinar. He said specifically that yes that was under the auspices of the CBI but we are very much working on that direction. That is paraphrasing and not exact because of the translation. But that is phenomenal news imo.

Member: MM says “Sudanis big announcement is scheduled for 8 pm Sunday in Iraq. AKA as the same time as the opening of the forex market. “

Member: Charlie are you heading to S. Africa for the RV?

CW: No, somebody made that up….not true. I will go someday when I have asset backed dollars to go with

CW: Mark and I are here to get the truth out- not just tell stories to get clicks. Events like this allow Mark and I time to spend together and cross check information. None of us know everything. We all know bits and pieces.

CW: There is money moving around. Mobilization funds.

MZ: Like Charlie said there is money starting to move. Mobilization money for logistics. We are seeing funds moving. We know for a fact that money is moving.

CW: When assets are moving they sign contracts ..then they need to get the assets to the buyer to verify the assets. The assets are tons of gold, dinar dong-whatever…..When a buy commits to buying he wants to touch it, feel it, smell it. Because the numbers are huge. Then they have to move it which costs a lot for security. We are in the stage now where stuff is being moved so liquidity can start. This is the foundation for the liquidity we need.

Member: Charlie was there really Vatican gold flown to the US?

CW: There was 650 plane loads taken out of the Vatican plus a number of ships. More than 8 ships. It was taken first to the US then dispatched elsewhere. When Trump took office Ft. Knox was empty. There were a few IOU notes….but, Everything was gone so they managed to fill Ft. Knox then send the rest to other locations where the assets are now being held. Secure locations.

MZ: I would assume these locations are not in the US.

CW. No they are not. Different locations.

Member: CHINA FORGAVE ALL ZIMBABWE DEBTS… THIS IS HUGE FOR THE STRENGTH OF THE ZIM

CW: And that has pissed off the Federal Reserve and the deep state. When you have debt they can control you. That is what they have done to many countries. China could wipe out everyone’s debt.

Member: So how do we know which bank system is good or bad?

Member: CBDC = Bad Guys. and. QFS = Good Guys

Member: Central banking system is living within a box. Quantum is freedom outside of that box.

Member: Florida has passed a law, No CBDC’s! None! Texas also!

MZ: The difference between the central bank digital currency and the USTNs is the CBDC is used for control….and ours is not.

CW: The biggest difference between the CBDC and the Quantum financial system is one is asset backed and one is not. The one that is not asset backed is centralized …the one that is asset backed is not centralized and we will be managing our own fuds…we will be our own banks.

Zester joins the stream at this point.

Zester: The central bank digital currency would be fully controlled and the government will decide what you spend. . If you don’t spend it in the right places they can remove your wallet.

CW: This is a war- not a game….. On the CBDC side you have the elites, the globalists and the cabal. On the USTN asset backed QFS side you have Putin, Xi from China , Mahdi from India, The Ayatolla of Iran and the Crown Prince of Saudi Arabia and a number of others that are involved with the new system.

CW: The way you can tell the good system from the bad system is the good one is “Asset backed” With the Quatum financial system is has to be Asset Backed to even work.

Member: All countries are going through the same thing at the same time in the shadows.

Member: Mark/Charlie: Has anyone seen a confirmed cut sheet on the new USTN yet?

MZ: I was privileged to share a cut sheep distributed in Iraq for currencies as low as $250 which is worth right now- .19 cents…but just artist rederings for the USTN

CW. Yes I also saw the artist’s rendering about 3 years ago…but not the latest ones.

Member: Yes I hear  the new bank notes are in waiting. WWG1WGA. All 209 countries will move together! We must stand up! Having the truth is most helpful! Grateful you guys met Charlie and understand NESARA GESARA

Member: Thank you for all you do and it was an amazing pod cast this morning have a great day!

Mod: GREAT PODCAST TODAY! CHARILE WARD, MARK AND ZESTER!

​​Member: MarkZ's WEEKEND email address: Don't Write Me@NeverOnWEEKENDS.Com

There is a lot of back and forth and information today. Please listen to the full replay for Charlies and Marks Q&A from Marks site and the Insiders Club and Crypto info from Zester.

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

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

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.

​TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com

STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

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

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

ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANK YOU ALL FOR JOINING. HAVE A BLESSED WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

https://www.youtube.com/watch?v=FhNMcWxKek4

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