“Tidbits From TNT” Wednesday 5-8-2024

TNT:

Tishwash:  A parliamentary understanding to extend the legislative term to approve the 2024 budget schedules

Member of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi, revealed today, Wednesday, that there is an understanding to extend the legislative term of Parliament to approve the 2024 budget schedules. 

Al-Dulaimi said, in an interview followed by Al-Iqtisad News, that “the current situation requires extending the current legislative term of the House of Representatives and postponing its recess for a month until the 2024 budget schedules are approved.” 

She added, "The Parliamentary Finance Committee is ready to receive the budget schedules and work on them as soon as they reach the House of Representatives."

She continued, "The current legislative term needs to be extended to complete many important legislations for the coming period, including the budget law schedules for the fiscal year 2024." link

Tishwash:   Parliament decided to extend the legislative term by one month

Representative Alaa Al-Haidari revealed today, Wednesday, the House of Representatives’ intention to vote tomorrow to extend the legislative term for an additional month until the current year’s budget schedules are discussed. 

Al-Haidari told Al-Maalouma, “Extending the legislative term requires a vote by members of the House of Representatives in accordance with the constitution and internal regulations.” 

He added, "The decision to extend came due to the country's need to legislate the budget schedules for the current year according to the internal regulations of the House of Representatives."

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Tishwash:  88 projects awaiting resolution.. What will happen to the stalled laws in Parliament? - Urgent

Today, Wednesday (May 8, 2024), the Parliamentary Legal Committee revealed that there are 88 draft laws awaiting resolution, while it expected that the next legislative term will witness voting on many of them. 

Committee member Murtada Al-Saadi said in an interview with “Baghdad Today” that “the committee is continuing to follow up on the laws and their proposals, whether basic or subsidiary, by participating in them,” pointing out that “88 laws currently exist within the committee, including 15 basic laws, and the committee is working to complete them.” Its provisions will be approved to proceed to a vote. 

He added, "Many laws and their proposals were submitted to the Acting Speaker of the House of Representatives, expecting that the next legislative term will witness the resolution of quite a few of them, the first and second reading of which have been completed." 

He explained, "Some laws were withdrawn by the government, whether they had political or financial implications, awaiting their referral in accordance with the amendments it wanted in order to proceed with them."

On (April 18, 2024), a member of the Parliamentary Legal Committee, Representative Omid Muhammad, confirmed the presence of 150 draft laws on the table of the permanent committees of the House of Representatives .

Muhammad said in a statement to “Baghdad Today” that “his committee is following up on draft laws and their amendments proposed by the permanent committees in the House of Representatives, which amount to 150 laws so far,” adding that “controversial laws need political consensus, but the file of the presidency of the House of Representatives is in the shadow of “The failure to decide whether to vote on a candidate will reflect negatively on the issue of legislation .”

He called for "the need for the state administration coalition to take positive steps in this direction in order for the current legislative term to be fruitful in the direction of resolving many laws and their amendments .  "

He stressed "the necessity of proceeding with the legislation of controversial laws, including general amnesty, service, and others, without political consensuses that contribute to securing sufficient votes to vote on them, and this requires resolving the rest of the files in order to proceed with them," pointing out that "resolving the People with Disabilities Law and voting on it 3 days ago represents a step." An important task during the legislative term of the Council to resolve the rights of an important segment  link

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 CandyKisses:  Iran plans to export $3 billion worth of goods to Iraq through the Mehran port

The head of customs in Ilam province, Sohrab Kamri, announced on Wednesday plans to export goods worth $ 3 billion to Iraq through the Mehran border crossing during this year.

Iran's semi-official Mehr news agency quoted Kamari as saying, "Mehran's international border ranks ninth among the country's 38 customs, special economic and free trade zones."

"Last year, goods worth one billion and 177 million and 119 thousand dollars were exported through the Mehran port to Iraq, and this amount is expected to rise to 3 billion dollars during this year," he said.

"700 cargo trucks cross these borders daily," he said, noting that "most of the exported goods are fruits and vegetables, plastic products, cooling and heating devices, power plant products, building materials and iron tools."

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Tishwash:  Iraqi Airways is preparing to open a new line to China

The Ministry of Transport revealed the readiness of Iraqi Airlines to open an airline and flights with the Chinese capital, Beijing.

A statement from the ministry, a copy of which {Al-Furat News} received, said, “Under the supervision of the Director General of Iraqi Airways, Manaf Abdel Moneim Urgent, and in cooperation with the Embassy of the Republic of Iraq in Beijing, represented by Ambassador Shorsh Khaled Saeed, the company’s office, the general agent in Beijing, organized a celebration on the occasion of the tenth anniversary of direct flights.” Between Baghdad and Kwangju.

He added, "The celebration, which was attended by a number of ambassadors, directors of the Chinese Civil Aviation Authority, heads and representatives of companies operating in Iraq, and reputable Chinese companies, witnessed several activities that reflected the ancient Iraqi and Chinese civilizations, the deepening of partnerships, friendship and cooperation between the two countries, and the encouragement of their citizens to travel via the national carrier between Iraq and China, because of the importance this line represents." An important opportunity for all commercial and cultural activities.”

The statement pointed out that "this anniversary coincides with a time when Iraqi Airways is preparing to open its second destination to China, specifically to the capital, Beijing, where work is underway to complete all necessary requirements for operating flights between the Iraqi capital, Baghdad, and the Chinese capital, Beijing, passing through Basra and Al-Fayha."

link

Mot: . and Another ""Awareness Tip"" on raising the Wee Folks –

Mot: .. LOL ~~~ Found this un Great !!! 

“Coffee With MarkZ” Wednesday Morning chat 5-8-2024

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 to all:  Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.

Member: There is sooo very much going on that I am shocked we haven’t gone yet

Member: it's my understanding we're next, it's just a slow crawl getting here. SECURITY is what the military watching and checking for. America is the largest group of currency holders.

Member: So what is new today- Hope something great!

MZ: The crackdown has been extreme on leaks …Which is probably the best news of the day. I personally think they are trying to keep things quiet right here at the finish line.

MZ: We have had banks this week who said they would never touch it and never do it- actively training employees on the currencies that we hold to exchange. This is an exceptional thing.

MZ: There are many rumors coming out of Iraq about the World Trade Organization and the ascension of Iraq. And the budget supposedly passed . We are waiting for the verifiable news sources to print articles on that. There are a lot of positive things hitting all at once.

Member: Mark, Samson posted an article this morning with MM that Iraq joined the WTO yesterday!!

Member: If Iraq joined WTO then they would have to have tradable currency…yes?

Member: That is what we heard????

MZ: That would be big and exciting progress. …I will work on getting MM back into the house.

Member: If . Iraq joined WTO yesterday . We are hour to hour. IMO RV release is imminent

 Member: Any CMKM news?????? The bond payout you would think is passed 30 percent by now????

MZ: On CMKX- nothing Fresh . All we know is it will go at the same time as the currencies. It is tied to asset backed dollars so it could not be stolen again from us.

​​Member: Bruce big call “said all Three green lights are a go

​​Member:  Asset backed is the clue….Will it be fiat backed when we exchange or gold/asset backed?

MZ: Will we get the reset with CBDC’s or our reset with the QFS…..We very much expect it to be gold/asset backed. And also Nesara Gesara…but we don’t know for certain until we reach the finish line who won the war of competing  resets. .

Member: How will we know if we get fiat or asset backed with our exchange?

MZ: It will be all over the news. I’m sure you all will be asking your bankers if it’s a USN or fiat. If its still fiat we should be ready to move money quickly into assets.

Member: Something you can physically hold like silver, gold, and of course real estate.  

Member: Didn’t Dr.Scott say that the QFS was already in place?

Member: Gesara/Nesara? Anything in writing that verifies it’s a real thing?

Member: Lots of rumors….We all hope it’s real….everything in there is common sense and benefits the people….so the elite hate it.

MZ: We used to be able to read about it on government websites – then they scrubbed those. Most of what we see are screen shots taken from Gov. sites before they were scrubbed and removed. You used to be able to go to the Library of Congress to read how they passed it. Then they removed or scrubbed that. But there are a lot of screenshots . I read it on many of thiose sites before they scrubbed them.

MZ: Many world economists are saying the only way to reset the currencies is to wipe all debt. This is part of Nesara.Gesara.

Member: Once a rate is announced- do we just go to a bank that is Basel 3 that does foreign currency?

MZ: We are going to get distributed numbers for us. Then you can call and find out exactly which branch can handle your transaction. This is so you get credited for your exchange instantly because they did not have to send your currency off to be verified .

Member: Buying Dinars is now becoming very difficult and the price has increased significantly.... :)

Member: will we have cards with biometric readings or fingerprint , hand print or eye scan?

MZ: My banking contacts say if there is- they do not know about it or been trained on it. My guess is with blockcchain there are other ways to verify who you are with the QFS..

Member: 100% we need a "What If?" show. What if it's asset backed, what if it's still Fiat, what if only the Dinar goes, what if there's a basket with many? VERY helpful for after to talk about the What Ifs

Member: I am getting text messages from Chase Bank almost daily, ....sales pitches but it's kind of curious to me

MZ: Other news: “BRICS: Brace for potential International Monetary system collapse”  We may see a announcement today that Vietnam has officially joined BRICS. It is my understanding we will see it officially this week.

Member: If Iraq was smart they would dump the Us and also join BRICS…..Wish we could join.

Member: When is the best time for the reset to release?

Member: I have always thought it would go on Friday morning because it is Holy Day in Iraq!!!

Member: Charlie Ward says it will happen on a Thursday and I think when markets close on Fridays is also a good time to watch.

MZ: Tomorrow morning we will have Mr. Cottrell and Andy Schectman as guests….Will be a busy day.

Member: Thanks to all…..everyone have a great day.

Member: Happiest of birthdays to all celebrating

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

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

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

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Iraqi News Highlights and Points to Ponder Wednesday AM 5-8-24

Iraqi News Highlights and Points to Ponder Wednesday AM 5-8-24

An Expert Comments On The Use Of The Iraqi Currency In Commercial Transactions With Iran

Baghdad today - Baghdad   Today, Tuesday (May 7, 2024), expert in financial and economic affairs, Alaa Glob Al-Fahd, commented on the possibility of Iraq losing money through its use of the national currency in commercial transactions with Iran .

Al-Fahd told Baghdad Al-Youm, “The idea of ​​commercial dealings being in the local currency between Iraq and Iran is not new today. Rather, it is a decision by the Central Bank of Iraq as well as the Iraqi government to negotiate this issue with more than one country, not just Iran, including Iran.” The UAE".

He explained that “exchange is in the UAE dirham, with China in the yuan, with Iran in the toman, and even with Turkey there is negotiation that trade exchange be in the lira .  ”

He continued, "This matter creates confidence in the local currency, when it has value at the global level and this follows the strength of the Iraqi dinar, and this issue does not constitute any loss for Iraq and Iran .  "

He added, "This currency will be transformed into goods or exchanged and bartered, if there is a joint trade exchange between the two countries. We believe that this issue has many more positives than negatives. This gives strength to the local currency and gives it confidence even at the level of the citizen and merchant as well as the foreign merchant and not Local only."

Yesterday, Monday, Iranian Vice President Mohammad Mokhber called on Iraq to use “national currencies” in trade and economic exchanges between the two countries .

The office of the Iranian Vice President said in a statement followed by "Baghdad Today", "The necessity of expanding economic relations and improving the level of trade cooperation between the Islamic Republic of Iran and Iraq was emphasized .  "

 He added, "The relations between Tehran and Baghdad are close, strong and sincere, and the union of the two countries is a source of loss and fear for enemies and a point of hope and prosperity. They are two countries and their people will taste the sweet taste of this union in expanding economic relations between them."  LINK

It Did Not Reach The Council.. Parliament Determines The Mechanisms For Dealing With The 2024 Budget Schedules

Politics |Baghdad today - Baghdad   Today, Wednesday (May 8, 2024), Member of Parliament Arif Al-Hamami revealed the mechanisms for dealing with the 2024 budget schedules, while indicating that there are no legal obstacles and that solutions are available.

Al-Hamami said in an interview with “Baghdad Today” that “after May 9, the recess for the legislative term of the House of Representatives will begin,” noting that “until this moment, the 2024 budget schedules have not arrived.”

He added, "The schedules arrived today or tomorrow. It is possible to extend the legislative term until the budget is completed, but if they arrive late, the Finance Committee will work in terms of auditing and then address the Presidency of the House of Representatives to hold an emergency session to vote."

He pointed out that "there are no legal obstacles and solutions are available," noting that "the Council is awaiting the 2024 budget schedules in order to know its provisions and proceed with voting on it according to legal mechanisms."

On May 4, 2024, the Council of Ministers revealed the latest developments in passing the financial budget schedules for the year 2024, while indicating that the Ministry of Finance had not sent the schedules to the Council until now .

 The Minister of Culture, Ahmed Fakak Al-Badran, said in an interview with “Baghdad Today” that “the Council of Ministers is awaiting the arrival of the schedules from the Ministry of Finance for the purpose of discussing them and passing them to Parliament for the purpose of voting on them,” pointing out that “whenever those schedules reach us, we will be ready to vote on them.”

Prime Minister Muhammad Shiaa Al-Sudani discussed, on Tuesday (April 30, 2024), with Acting Speaker of the House of Representatives Mohsen Al-Mandalawi, the completion of the 2024 budget schedules and sending them to a vote .

Al-Mandalawi’s office said in a statement received by “Baghdad Today” that “Acting Speaker of the House of Representatives Mohsen al-Mandalawi met, on Tuesday, with the Prime Minister, Muhammad Shiaa al-Sudani,” noting that “the meeting discussed the latest local developments and political efforts to complete constitutional entitlements, by deciding the choice Speaker of the House of Representatives .”

Al-Mandalawi and Al-Sudani agreed, according to the statement, “on the necessity of completing the schedules of the budget law for the year 2024, and expediting their sending to the House of Representatives for the purpose of discussing and voting on them, due to their connection to the lives of citizens and their focus on investment spending for new projects,”

stressing “the importance of integrating the work of the legislative and executive authorities and reflecting that.” To speed up the adoption of important laws, and to support efforts to implement the government program and anti-corruption steps.”  LINK

Deficit” Is The Password.. Parliamentary Finance Decodes The Budget Delay

Economy | 08:03 - 05/07/2024  Mawazine News – Baghdad  A member of the Parliamentary Finance Committee, Muhammad Nouri, revealed on Saturday that there was a large deficit within the 2024 budget, which obstructed sending its schedules to the House of Representatives for approval.

Nouri said in an interview followed by Mawazine News, “The delay in sending the budget schedules from the Council of Ministers to the House of Representatives for approval and then starting work on them is evidence of the existence of a large deficit within this budget, which has exceeded more than 80 trillion.”

He explained, “There is significant government spending that accompanied the 2023 budget and continues until now, including paying the Kurdistan region’s dues and exceeding the original dues, and also the sanctions imposed by the US Treasury may have caused a weakness in revenues, which reflects negatively on the strength of the budget and the government’s ability to address this deficit.”

He continued, “There may be political reasons behind the delay in sending the budget, including the delay in choosing a new speaker for the House of Representatives, and that its delay may hinder the launch of some important and strategic projects.”

He stressed that “the government is currently looking for solutions to address this large deficit and the pressure on expenditures within this budget, as well as the pressure on actual spending to reach a deficit that can be worked on. Among these solutions is increasing the price of oil or maximizing other non-oil revenues.”   https://www.mawazin.net/Details.aspx?jimare=247530

Iraq Adopts An Advanced System To Combat Money Laundering And Terrorist Financing[/Size]

May 7, 2024  Baghdad/Al-Masala Al-Hadath: Al-Rafidain Bank explained the importance of adopting a comprehensive banking system, while stressing the work on adopting two advanced systems in the field of combating money laundering and terrorist financing.

The bank's general manager, Ali Karim Hussein, said that Rafidain Bank has begun, since we took over the bank's management, to activate the comprehensive banking system in its branches spread across government institutions and border crossings where the collection system is large.

He explained that the comprehensive banking system will simplify the procedures for opening accounts as well as transfer operations, so that the customer will be able to manage his account without reaching the bank.

He pointed out that there are many reforms, including the adoption of the AML and GOAML systems, which are among the internationally required systems, specializing in the field of combating money laundering and terrorist financing, in addition to the adoption of electronic systems in which the human hand does not interfere, as they are the ones who prepare the lists and conduct the scanning process electronically and not manually.

As a result, the credibility of Rafidain Bank, as well as the banking sector in general, towards international institutions will be guaranteed by its commitment to the requirements and legislation for combating money laundering and terrorist financing.

The Director General of Rafidain Bank stated that the bank’s previous work, due to the lack of an electronic network linking the bank’s branches, meant that customers were businessmen, merchants, and simple citizens who could not carry out any banking operation within a short time.

However, at the present time, the system has been transformed electronically, so that the customer can go to any A branch of our branches spread across Baghdad and the governorates that contains a comprehensive banking system, and accesses his account, and all his data will be available with the employee, which will make it easier for the customer to perform banking operations, whether by withdrawal or deposit.   https://almasalah.com/archives/90654

Provoking Thoughts and Points to Ponder on Wealth

Riches serve a wise man but command a fool.  - Old saying

The first wealth is health.              - Ralph Waldo Emerson

The smell of profit is clean and sweet, whatever the source.  - Juvenal

There are few sorrows, however poignant, in which a good income is of no avail. - Logan Pearsall Smith

The human race has had long experience and a fine tradition in surviving adversity. But we now face a task for which we have little experience, the task of surviving prosperity. - Alan Gregg

Riches enlarge, rather than satisfy appetites.- Thomas Fuller 

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

http://famousquotesandauthors.com/quotes_by_topic.html

Currency Insider Video Updates Wednesday AM 5-8-24

Currency Insider Video Updates Wednesday AM 5-8-24

Iraqi Dinar Holders Pay Attention Big Day Of RV May 9 2024 – 2:34

Iraqi Dinar Big Move At $4.29 – 2:17

 Iraqi Dinar Holders Pay Attention Big Day Of RV May 9 2024 – 2:34

https://www.youtube.com/watch?v=d31R-UM5cAo

Iraqi Dinar Big Move At $4.29 – 2:17

https://www.youtube.com/watch?v=nirv2wvhxzQ

News, Rumors and Opinions Wednesday AM 5-8-2024

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 Excerpt from the Restored Republic via a GCR: Update as of Wed. 8 May 2024

Compiled Wed. 8 May 2024 12:01 am EST by Judy Byington

Global Currency Reset: (Rumors)

The Gazetteller reported that as of Wed. 1 May the Latin American nations of Colombia, Brazil, and Chile became the first to exchange foreign currency in the Global Currency Reset. The U.S. was expected to lag behind by three weeks but this delay was strategic. It allowed potential security flaws to be patched up before the RV reached American soil.

Tues. 7 May Wolverine: “I have been told to shut up and I can accept that. What I can tell you is that they said that this will be a Golden Week. I don’t want to be a part of anything that would disturb the process. At the moment it is all good. I’m very confident that this is the week that we have been waiting for. Have a beautiful, beautiful day.”

Mon. 6 May 2024 Wolverine: “It has started. It has started. It has started. It has started. It has started. It has started. It has started. It has started. What I can tell you is that we are liquid. The money is actually available. It’s just a matter of time in order for the Green Light to be given. Exchanges have started. I’ve been told not to say anything more. I can’t give you a date. Remember, it’s a military operation, but we are defiantly close. Take care. Have a beautiful day. Wolverine.”

Mon. 6 May 2024 MarkZ: “I absolutely know this has started. I know people who now have dollars. According to my best contacts in the group, there was an interesting movement of money over the weekend. It’s clearly positioned to go, but I’m not sure we’ll see it today. Wolverine says 1,000% it will go today. We’ve seen a lot of money movement over the weekend so it could go today. I’m not quite certain, though there’s certainly a potential.”

Tier4b (us, the Internet Group) would be sent an email containing a code and a link to set up a 15 min. foreign currency Exchange/Zim Bond Redemption Appointment.

Those Humanitarians redeeming the 2008 to 2009 Zimbabwe Bond (most the redemption money to be used for Humanitarian purposes) would be required to sign an NDA.

Tues. 7 May 2024 Al-Sudani welcomed the Arab Banks Conference in Baghdad that confirmed Iraq’s accession to the World Trade Organization. The World Trade Meeting goes now til Thursday the 9th. It means that we have a new Iraqi Dinar Rate, we just don’t know what it is yet.

Tues. 7 May 2024: Zimbabwe is arresting black market currency dealers!  In order for the new Zig currency to be valued at a fair market rate, other currencies must stop being used. Zimbabwe’s illegal forex dealers use WhatsApp to find clients, evade police. https://www.aljazeera.com/features/2024/5/7/zimbabwes-illegal-forex-dealers-use-whatsapp-to-find-clients-evade-police

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Tues. 7 May 2024 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#, 667-770-1865

This is not a taxable event.

Emails went out today to Bond introducers which said they would have access to funds on Wed. 8 May.

On Wed. 8 May Bond Paymasters will be emailed their notification that will give them the amount they have in their account and will have access to that account later that day.

The Military gave the green light to release the monies on Tues. 30 April.

Wells Fargo gave the green light on Mon 6 April.

Banks are bringing personnel up to date on protocols on how to exchange.

Tier 4 a,b notification could come out anywhere from 2 pm Wed. 8 May to 10:30 am on Thurs. 9 May.

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·  Iraq, once the financial crown jewel of the world, has rediscovered its immense natural wealth. The value of the Iraqi dinar was unmatched in its prime, and now, as it taps into its natural gas reserves and cranks up oil extraction, its potential seems limitless. The nation has risen from the ashes, more robust than ever before.

·  The framework for a new global financial order is already in place. The Basel III endgame is a strategic blueprint, increasing capital reserves to prevent another catastrophic collapse. It’s a safeguard, but also a double-edged sword, wielded to reshape the global financial chessboard.

·  Meanwhile, Vietnam and Zimbabwe are preparing to jump into the fray. Vietnam has announced its readiness to intervene in Forex, while Zimbabwe has unveiled its gold-backed Zig currency, a pivotal linchpin in the global currency reset. Zimbabwe Bonds are key to this plan, with the nation described as a “gold mine surrounded by diamonds.” The world has underestimated this African powerhouse, but now, it’s leading the charge toward a golden age.

US Treasury Bond Futures are beginning to collapse, heralding a broader market downturn coming in the near future. Add to this that the rest of the world is offloading US fiat, Federal Reserve-backed Treasury Bonds at speeds not seen ever before, and the coming downturn in US/North American markets is likely to be significant.

BRICS Announcement: “According to Anatoly Aksakov, Chairman of the Russian State Duma Financial Market Committee, talks on how the new currency will work have started and an agreement may be reached by the end of this year.” The plan is for this currency to be supported by gold, various precious metals, and other assets. The purpose is for the BRICS Nations to be able to trade with one another and no longer have to deal with US sanctions on their currencies. …Goldilocks

Read full post here:  https://dinarchronicles.com/2024/05/08/restored-republic-via-a-gcr-update-as-of-may-8-2024/

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

Frank26   Who's forcing this monetary reform to come out/this new exchange rate?  The citizens of Iraq?  Sudani the prime minister?  The US Treasury?  They sure want a windfall don't they for the Federal reserves.  The CBI?  You and I?  The answer is all of the above is forcing it.  That's what's wonderful about it.  We are all on the same page.  We are all in cahoots.  We all agree.  

Yada   ...the news is outstanding regarding the progress of the Council of ministers having approved the budget schedules.   What is important...the rates were set with the US visit, council of ministers approved or amended the rates...all before Parliament sees it, WE are about to see the rates that the Parliament will see at the same time.  All by design to keep them from interfering...Im expecting this evening into the morning to seeing our expected end. The world waits the release and I believe it is upon us.

Over 900 Banks Are In Real Trouble Now

Atlantis Report:  5-7-2024

The banking industry is a crucial part of the economy, but it is currently facing a crisis that could lead to collapse.

The recent failures of Silicon Valley Bank and Signature Bank have caused shockwaves in the financial world, and there is concern that this is only the beginning of a larger, catastrophic event.

More than 900 banks applied for the Bank Term Funding Program last year, and now they are facing the challenging task of paying back those loans.

 If one of these banks fails and cannot repay their loan, it could trigger a domino effect of repayment difficulties for other banks, leading to serious consequences and economic anxiety.

https://www.youtube.com/watch?v=b_i5dr9PZN0

KTFA Tues. Night CC: “FRANK26….5-7-24…….WHEN I SAY SO”

KTFA

Tuesday Night Conference Call

FRANK26….5-7-24…….WHEN I SAY SO

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

https://www.youtube.com/watch?v=DdKsE7e3PH0

Iraqi Dinar Video Update Late Tuesday Evening 5-7-24

Iraqi Dinar Video Update Late Tuesday Evening  5-7-24

CBI Announced IQD Revaluation Date Fixed – 3:23

Chase Bank Fixed IQD New Rate Today – 3:18

Iraqi Dinar Latest Exchange Rate 1IQD Equal 4.32$ - 3:03

Vetnamese Dong Latest Exchange Rate – 3:52

Al-Sudani Big Statement About IQD Exchange Rate – 4:29

 CBI Announced IQD Revaluation Date Fixed – 3:23

https://www.youtube.com/watch?v=F2J1UWWd6GE

Chase Bank Fixed IQD New Rate Today – 3:18

https://www.youtube.com/watch?v=lcv4Kc2ZV4A

Iraqi Dinar Latest Exchange Rate 1IQD Equal 4.32$ - 3:03

https://www.youtube.com/watch?v=EQ0kj4kcJrk

Vetnamese Dong Latest Exchange Rate – 3:52

https://www.youtube.com/watch?v=HUIlmVmD8ds

Al-Sudani Big Statement About IQD Exchange Rate – 4:29

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

Evening News with MarkZ. Dr. Scott Young, and Dr. Jay Caprietta

Evening News with MarkZ. Dr. Scott Young, and Dr. Jay Caprietta.

MarkZ Disclaimer: Please consider everything on this call as my opinionBe sure to consult a professional for any financial decisions

Please listen to the replay for all the details and entire stream….

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

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

https://www.youtube.com/watch?v=Jaf9LQ-GqWg

Goldilocks' Comments and Global Economic News Tuesday Evening 5-7-24

Goldilocks' Comments and Global Economic News Tuesday Evening 5-7-24

Good Evening Dinar Recaps,

For the last three and a half years, we have been talking about the new digital economy. We have talked about legislative bills and infrastructure Networks being built to support the new digital banking system.

Currently, we are witnessing several legislative bills moving through Congress today. And, we are witnessing regulations this month formulate new guidelines for this new digital economy.

Earlier this year, we witnessed Protocol 20 begin the process of expansion of networks connecting to each other inside Quantum Technological Protocols.

Payment systems will begin emerging onto the scene as each of these new tokenized assets is currently in the regulation process along with discussions in Congress to push them forward.

At this point, credit valuation adjustments will begin to occur inside the new digital asset-based trading system. The time for price discovery through the movement of supply and demand is about to make itself known.

© Goldilocks

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HEARING

Hearing Entitled: SEC Enforcement: Balancing Deterrence with Due Process | Youtube

Tuesday, May 7, 2024 10:00 AM in 2128 Rayburn House Office Building
Capital Markets Subcommittee

Click here to view the Committee Memorandum.

Click here to view the LIVESTREAM of this hearing.

Witnesses

Mr. Andrew Vollmer, Senior Affiliated Scholar at the Mercatus Center and former SEC Deputy General Counsel

Mr. Nick Morgan, President and Founder, Investor Choice Advocates Network

Professor Paul Eckert, Professor of the Practice of Law, College of William & Mary Law School

Mr. John Reed Stark, President, John Reed Stark Consulting Legislation

H.R. 6695, the "Due Process Restoration Act of 2023, to authorize private parties to compel the Securities and Exchange Commission to seek sanctions by filing civil actions, and for other purposes"

H.R. ____, to clarify what constitutes a violation of the federal securities laws for purposes of determining penalty amounts 

H.R. ____, to clarify the Securities and Exchange Act of 1934 with respect to civil money penalties and the authority to seek disgorgement

H.R. ____, to repeal the policy of the Securities and Exchange Commission set forth in 17 C.F.R. § 202.5(e)

H.R. ____, to clarify that, like with actions brought under the Securities Exchange Act of 1934, certain actions filed under the Securities Act of 1933 are required to be heard in federal court

H.R. ____  to codify the process to obtain waivers from certain disqualifications under the federal securities laws

H.J.Res. ____  , providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to “Reporting of Securities Loans”

H.J.Res. ____, providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to “Short Position and Short Activity Reporting by Institutional Investment Managers”

H.J.Res. ____, providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to “Further Definition of ‘As a Part of a Regular Business’ in the Definition of Dealer and Government Securities Dealer in Connection With Certain Liquidity Providers”

H J Res. ____ , providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to “Form PF; Reporting Requirements for All Filers and Large Hedge Fund Advisers”

  --------------------

Take a look at this long list of legislative bills that are getting ready to be run through Congress today.

Each in some way deals with all the legislative bills we've been talking about on this channel regarding large hedge funds accounts, Exchange Act procedures, and more.

© Goldilocks

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Central banks must revise business model, embrace CBDCs — ECB member | CoinTelegraph

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RAISE-1 AI Robot Demos 49 Axes Humanoid Using This New Tech (“AGI-BOT” ANDROID, EL BRAIN) | Youtube

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The following keeps you from having to open multiple accounts up to the $250,000 limit FDIC insures.
Here is a way to protect your accounts beyond the normal FDIC caps of coverage.

Look at the following site and see what you think…LINK

If you look at their “participating banks” list, all the major players are there - WF, BofA, Chase, etc...

You can break down a list of participating banks in your state.
Your bank may just already have this available to you, check your state and bank.

Again, you don't know what you don't know.
Building relationships is key when managing wealth. 
Always be in learning mode to new opportunities when talking to those in this arena. IntraFi 

*Hint - Listen, Check, Validate and Act.

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{Economic: Al-Furat News} The Ministry of Commerce announced the holding of the meetings of the third session of the Trade and Investment Framework Agreement between Iraq and the United States of America in Washington, D.C., after a break of more than nine years, headed by the Iraqi side, the economic agent Ghassan Farhan Hamid, and from the American side, the Office of Trade Representation.

The Economic Agent for Trade said in a statement to the Ministry that received a copy of it {Euphrat News} that “the meeting discussed many axes, the most important of which are the agricultural sector, standardization, qualitative control, financial system, customs, company registration, intellectual property rights, Iraq’s accession to the World Trade Organization, the health sector and government contracts.”

He pointed out “the confirmation during the meetings that the Iraqi government is open to all parties and that economic reform and diversifying the economy are among the priorities to be worked on, and that Iraq is ready to discuss any proposal that leads to strengthening relations between the two countries.”   Search4Dinar

WATCH THE WATER

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Why Are Central Banks Buying So Much #Gold? | Youtube

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Learn about the Federal Reserve Bank of New York's gold vault | NewYorkFed

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Stellar Development Foundation Q1 2024 Report: Initiatives and Achievements Propel Growth | Crypto News

By  Zoran Spirkovski

As 2024 unfolds, the Stellar  Development Foundation (SDF) has released a comprehensive report detailing its accomplishments in the first quarter. The period was marked by significant milestones, including the launch of smart contracts on the network and a remarkable growth in asset value, reflecting Stellar’s increasing influence in the blockchain sector.

The year began with Stellar implementing smart contracts through its new platform, Soroban. This move is poised to revolutionize Stellar’s ecosystem by enhancing functionality and developer engagement. Moreover, the total value of real-world assets held on Stellar reached an impressive $533 million, underpinned by a substantial $1.6 billion in total payments volume processed this quarter. Stellar continues to offer extremely low transaction costs, averaging $0.000065, maintaining its position as a leader in cost efficiency.

Smart Contracts on Stellar: The Soroban Era
Soroban represents a significant leap forward for Stellar, providing a robust, Rust-based environment tailored for developing scalable and sensible smart contracts. This platform not only advances Stellar’s technological framework but also significantly expands its utility and appeal to developers.

The surge to $533 million in assets highlights Stellar’s growing role in financial services, especially through the tokenization of assets. This process enhances liquidity and market efficiency, presenting new opportunities for investment and asset management within the financial sector.

SDF’s efforts have been pivotal in enhancing financial inclusion, with a particular focus on facilitating access to financial services globally. The forthcoming Meridian 2024 conference, scheduled for October 15-17 in London, is set to celebrate these achievements and unveil future initiatives.

In its quest for global expansion and improved security, SDF has been actively engaging with the global community and strengthening its technological stack. A notable initiative is the Soroban Audit Bank (https://stellar.org/blog/developers/the-soroban-audit-bank-fostering-a-secure-smart-contract-ecosystem), which supports security audits for projects on Stellar, ensuring that Stellar remains a secure and reliable platform for all users.

Why It Matters: Stellar’s Strategic Vision
Stellar’s strategic initiatives are shaping a financial landscape that is more inclusive, efficient, and secure. The deployment of smart contracts and the expansion of asset tokenization are just examples of how Stellar is unlocking the potential of blockchain technology to foster a more connected and accessible financial world.

In conclusion, Stellar Development Foundation’s first quarter of 2024 has set a robust pace for the year. With smart contracts live and assets growing, Stellar is poised to further its mission of transforming the global financial landscape, making it more inclusive and efficient through blockchain technology.

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Iraq Economic News and Points to Ponder Tuesday Evening 5-7-24

Iraq Economic News and Points to Ponder Tuesday Evening 5-7-24

Why Does Iraq Depend On Foreign Banks For Dollar Transfers?

 Economy |Today, 18:12 |Baghdad today – Baghdad  Today, Tuesday (May 7, 2024), expert in financial and economic affairs, Nabil Jabbar Al-Tamimi, revealed the reason for Iraq’s reliance on foreign banks for financial transfers, especially with regard to the dollar.

 Al-Tamimi told “Baghdad Today” that  “Iraq has more than (70) banks, approximately five of which are government and the remaining number are private banks,

 but Iraq relies heavily on financial transfers, especially with regard to the dollar, to various foreign banks, due to the failure of... Iraqi private banks in arranging their legal and technical conditions regarding the issue of financial correspondence.

He stated,   “After implementing the electronic platform, many banks stopped making remittances, as they did not want to comply,  but foreign banks were not afraid of this matter because they had experience and all of their work was sound and in accordance with the required conditions, and that is why they became dependent on those banks, and this confirms the existence of a major defect.” In the work of Iraqi banks.

 Earlier, a member of the Parliamentary Integrity Committee, Alia Nassif, revealed that the

 Iraqi Jordanian National Bank obtained $3.6 billion from the currency auction during the first three months of the current year, which enabled it to obtain a profit of about 40 billion dinars.  

 https://baghdadtoday.news/248830-لماذا-يعتمد-العراق-على-المصارف-الاجنبية-بحوالات-الدولار؟.html    

Using The National Currency In Commercial Transactions With Iran.. An Expert Comments On Iraq’s Losses

 Economy | Baghdad today – Baghdad  Today, Tuesday (May 7, 2024), expert in financial and economic affairs, Alaa Glob Al-Fahd, commented on the possibility of Iraq losing money through its use of the national currency in commercial transactions with Iran.  Al-Fahd told Baghdad Al-Youm,

  “The idea of ​​commercial dealings being in the local currency between Iraq and Iran is not new today.

 Rather, it is a decision by the Central Bank of Iraq as well as the Iraqi government to negotiate this issue with more than one country, not just Iran, including Iran.” The UAE".  He explained that

  “exchange is in the UAE dirham, with China in the yuan, with Iran in the toman, and even with Turkey there is negotiation that trade exchange be in the lira.” 

He continued,  "This matter creates confidence in the local currency, when it has value at the global level and  this follows the strength of the Iraqi dinar, and this issue does not constitute any loss for Iraq and Iran." 

He added, "This currency will be transformed into goods or exchanged and bartered, if there is a joint trade exchange between the two countries.

 We believe that this issue has many more positives than negatives, and

 this gives strength to the local currency and gives it confidence even at the level of the citizen and merchant as well as the foreign merchant and not Local only."

Yesterday, Monday, Iranian Vice President Mohammad Mokhber called on Iraq to use “national currencies” in trade and economic exchanges between the two countries.

 The office of the Iranian Vice President said in a statement followed by "Baghdad Today",

 "The necessity of expanding economic relations and improving the level of trade cooperation between the Islamic Republic of Iran and Iraq was emphasized."  He added,

  "The relations between Tehran and Baghdad are close, strong and sincere, and the union of the two countries is a source of loss and fear for enemies and a point of hope and prosperity.

They are two countries and their people will taste the sweet taste of this union in expanding economic relations between them."  

https://baghdadtoday.news/248802-استخدام-العملة-الوطنية-بالتعاملات-التجارية-مع-إيران.-خبير-يعلق-على-خسائر-العراق.html   

In The Document... The Central Bank Decides To Return The “Al-Mal” Bank To Work... In This Case

 Monday 06, May 2024 14:08 | Economical     Number of readings: 268

 https://ninanews.com/Uploads/Images/2024/5/1124993-2b765dda-9687-4a11-a971-bf5e0005596a.jpg

 Baghdad / NINA / The Central Bank of Iraq decided to return the Money Bank to work, while preventing it from dealing in the US dollar in any way. / https://ninanews.com/Website/News/Details?key=1124993   

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

Provoking Thoughts and Points to Ponder on Wealth

It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.  - Matthew

I am rich beyond the dreams of avarice.  - Edward Moore

All wealth is the product of labor  - John Locke

Get place and wealth, if possible, with grace; If not, by any means get wealth and place.  - Alexander Pope

Riches certainly make themselves wings.  - Proverbs

He that maketh haste to be rich shall not be innocent.  - Proverbs

He heapeth up riches, and knoweth not who shall gather them.  - Bible

No good man ever became suddenly rich.  - Syrus

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

http://famousquotesandauthors.com/quotes_by_topic.html

Iraqi Dinar Video Update Tuesday Afternoon 5-7-24

Iraqi Dinar Video Update Tuesday Afternoon 5-7-24

Wells Fargo & JP Morgan Announced IQS RV – 3:27

Iraqi Dinar Massive Latest Update – 3:30

JP Morgan Big Statement About IQD RV – 3:10

WOW Congrats Finally Iraqi RV Approved – 3:57

 Wells Fargo & JP Morgan Announced IQS RV – 3:27

https://www.youtube.com/watch?v=PA8fZjtKDYs

Iraqi Dinar Massive Latest Update – 3:30

https://www.youtube.com/watch?v=D4Ldf4W9R18

JP Morgan Big Statement About IQD RV – 3:10

https://www.youtube.com/watch?v=SexY8V_QOis

WOW Congrats Finally Iraqi RV Approved – 3:57

https://www.youtube.com/watch?v=vg3s5a7NoNM