Wednesday Evening Chat With MarkZ 10-9-2024

Wednesday Evening Chat With MarkZ

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 evening to all…….prayers for all of those affected by Milton and Helene

Member: I pray the RV/Reset is soon, SO many people need help!

MZ:”The government completes the file to join the WTO” We know they have already completed everything.. Saudi Arabia had told us this and the WTO told us this….now we are seeing the official paperwork in Iraq …..It is not official yet but that is the next step.

MZ: Sudani has said he wants to raise the purchasing price of the dinar for all Iraqis…both at home and abroad…He has also said he wants to restore the dinar to its former glory.

MZ: “The Iraqi Trade Bank announces measures to support the stability of the exchange rate” Talking about banking modernization again.

MZ: There is great progress in HCL and the WTO and great progress with the white pages and monetary reforms. All of this was necessary before Iraq increases the purchasing power of the dinar.

Member: Any Bond news you can talk about or share?

Member: My bond platform says they are triggering payments for today

MZ: There is a lot of rumors that bonds are triggering today, and we could see fines and penalties and prosperity packages as well…..I do not have this confirmed enough to say one way or another…..I wasn’t even going to mention it tonight ….but, you are not the only one hearing this possibility.

Member: Everyone in Florida please stay safe…..you are in our thought and prayers.

Member:  May God Bless us everyone.

Mod: PLEASE JOIN THE FUN ON W & W TONIGHT AT 8:00 PM EST.

CBD Gurus join the stream tonight. Please listen to replay for their information.

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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

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

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

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

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!

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

More News, Rumors and Opinions Wednesday PM 10-9-2024

TNT:

Tishwash:  Trade Bank of Iraq announces measures to support exchange rate stability

The Trade Bank of Iraq (TBI) announced today, Wednesday, that it has taken a series of measures to support the stability of the exchange rate and prevent exploitation by speculators.

The Director of the Tahrir Branch at the Iraqi Bank, Yarub Al-Hashemi, told the Iraqi News Agency (INA): "The bank's management has taken a series of measures to stabilize the exchange rate and prevent manipulation in the market, including increasing working hours in the bank's branches, which has had an impact on the speed of completing merchants' transactions, the smoothness of financial transfers, and eliminating the momentum in this regard."

He added, "There is a series of measures being taken successively that will have a clear impact on controlling the exchange rate, preventing speculators, and limiting the granting of dollars to the beneficiaries exclusively."

Prime Minister Mohammed Shia Al-Sudani directed "intensifying inspection procedures in financial transfer operations and not being lenient or lenient in pursuing speculators who exploit the crises the region is going through; to achieve personal profits and benefits at the expense of the public interest of the country."  link

Tishwash:  Rafidain clarifies the Cabinet’s decision to approve the contract with K2 Integrity

 Rafidain Bank clarified, today, Wednesday, the decision of the Council of Ministers regarding approval of contracting with the company (K2 Integrity).

A statement by the bank received by "Al-Eqtisad News" stated that "within the banking reform plan adopted by the government of Prime Minister Mohammed Shia Al-Sudani, and for the purpose of developing a framework for governance, policies and procedures related to combating money laundering and terrorist financing in accordance with the requirements of correspondent banks, the Council of Ministers approved the bank's contracting with experts specialized in the field of compliance, combating money laundering and risk management."

The statement added, "This will contribute to strengthening the role of Rafidain Bank in activating international trade and facilitating the procedures for opening accounts with reliable foreign correspondent banks  link

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CaliforniaSugar:  Not sure if I'm reading into this story with Dinar Goggles, but the timing of this deployment is interesting.

700 National Guard deployed to Kuwait for 1 year

https://www.youtube.com/watch?v=yQ1YEcIkWIM

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY: Saleh on TV saying digital banking is the next stage for the digital transformation FRANK:  Yeah, give us the new exchange rate so it can move...If they weren't about to do that why in the world would they teach you all of this information right now?  FIREFLY:  Yes...it's a good point.  My bank friend even told me that all this information if for us not to miss out on the monetary reform.

Militia Man  It's one of those nail biting time-frames for us all because we've all been here and we've been watching this whole investment unfold.  It looks like Al-Sudani and his teams have communicated well globally and are going to produce...

BRICS Decided to Change the World Order: End of the United Nations?

Fastepo: 10-9-2024

Since its creation, the UN has played a crucial role in post-war reconstruction, especially in Europe, and in the process of decolonization during the 1950s and 1960s, reflecting its central role in global governance.

It has also been involved in numerous peacekeeping and conflict resolution efforts globally. Moreover, the UN has been a significant player in promoting human rights, notably through the Universal Declaration of Human Rights in 1948, and addressing global challenges such as climate change, terrorism, and health crises.

The UN's evolution from its original membership of 51 states to nearly every internationally recognized independent country today (totaling 193 members).

Nevertheless, the United Nations (UN) has faced a broad range of criticisms since its establishment, which have centered on various aspects of its structure, functions, and outcomes. Some of the most persistent criticisms include issues of inefficiency, ineffectiveness in conflict resolution, a lack of transparency, and perceived biases.

Critics often point to the UN's bureaucratic inefficiencies, noting that the organization can be slow to respond to crises due to its complex and cumbersome decision-making processes. This is exacerbated by the need for consensus among major powers in the Security Council, where the veto power of the five permanent members can block significant action.

The UN has also been criticized for its ineffectiveness in resolving conflicts. Despite numerous peacekeeping missions, the UN has been seen as unable to prevent or end conflicts decisively, with some missions marred by allegations of misconduct and ineffectiveness.

Examples include failures in Rwanda and the former Yugoslavia during the 1990s, where UN action was deemed inadequate in the face of genocide and widespread violence. Transparency and accountability issues have also plagued the UN, with critics arguing that it operates with a significant lack of openness regarding decision-making and financial expenditures.

This opacity can undermine the credibility of the organization and fuel perceptions of corruption. Moreover, the UN has been accused of having a biased approach to international issues, often influenced by the interests of its most powerful members rather than the principles of universal justice and equality.

This criticism is particularly vocal in relation to the Israeli-Palestinian conflict and other Middle East issues, where the UN's actions—or lack thereof—have been seen as part of a broader geopolitical bias. The Security Council itself is a significant source of contention, as the composition and power dynamics within the council reflect the post-World War II order, not the current global realities.

 This structure leads to criticisms of unrepresentative governance and inequitable influence, with calls for reform to include emerging powers and more equitably distribute decision-making authority.

https://www.youtube.com/watch?v=sRy36OYrDuE

Bruce’s Big Call Dinar Intel Tuesday Night 10-8-24

Bruce’s Big Call Dinar Intel Tuesday Night 10-8-24  

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. it is Tuesday, October 8th  and you’re  listening to the big call.

Thanks for tuning in. Everybody again, as always -Tuesday and Thursday nights, we welcome everyone all over the globe. The satellite team is doing their best to get the signal out to as many countries as they can and as many people as they can, and we welcome all of big call universe tonight - Tonight, Sue and I will be doing the call without Bob. Bob has evacuated his area south Florida, and he is exhausted really from the drive he had to make to get to where he was going. So I asked him to rest tonight and not really push it to come on the call. So we'll cover for him tonight, Sue, and I will do the call - It'll be a shorter call than normal, that's for sure. All right, so that being said, let's go ahead and pray the call in

All right, let's move into the Intel segment  - Lets go into where we stand – We did get an update on where we are and where we are from last Thursday, when we last had our call. But what's important to get out to you guys is this ….  Okay -  First of all, let's talk about Monday. Monday is  Columbus Day - I know they renamed it something else. I don't remember what it's called right now, we think the banks, for the most part, are closed - now, is this  of so called three day weekend. Well, yeah, maybe however, redemption centers can be made open on Monday. Not a problem, they may very well be open for us –

I’m mentioning that because the let's go into this first -- this morning, at 6:30 am we were advised by one of our military sources that GESARA  - G E S A R A  -- which is the international scope – started this morning -  It was activated this morning. Now that's an international scenario, NESARA for us, that begins with N E S A R A -- 

 NESARA deals  with the United States – okay  and we heard that NESARA  will be activated on Sunday or implemented beginning Sunday - the 13th of this month of October.

 Now, will we see anything on Sunday? I personally think we'll have to wait Monday or  Tuesday to get  any information or announcements that we know are contained in the NESARA  - I wanted  to get that out to you first,

GESARA - begin, began this morning at 6:30am Eastern, and that's global. And  NESARA is our national economic strategic recovery act is for the United States, and that begins on Sunday.

Now, what is included in NE SARA  are things like knowledge about our new asset backed currency, the USN, and also information that we should contain – maybe not on day one or day two – but it should contain information about the change in our tax system – no more fed or state tax -  from our federal  - and we know we're getting back taxes that we paid throughout our adult life,  from age whatever, 16, whenever we started, we should be getting all back as part of our RNR payment, restitution and reclamation allowance that is supposed to be coming back in that

We're also supposed to have  - as you guys know - interest that we paid on credit cards, on bank loans, on mortgages, on anything that were run through the banks, that is part as included in Your R & R  along with the training that they did on our birth certificates, death certificates, on spouses and parents also, also divorce decrees. And what else did I forget?

One marriage license, divorce decrees? Yeah, marriage licenses, right. When you got married, instruments that they use, besides our certificates and so on. So a lot of that ends up being  something that we will get back. It was a trade of us as property, and we will get those funds. ‘

Now, for those of us who are exchanging at the redemption centers, which is everyone that hears my voice, you will set appointment, and that would be put into your quantum account, and should be in there already, so that you can have access to that and lose those funds if you want into your primary or secondary wealth account. And I say Wells  because all the redemption centers,  in North America,  in the United States.

Not necessarily, Canada, and not necessarily Mexico in Canada. But Canada being  watched over by, HSBC, as the primary bank have also center bank. Those two banks for Canada.

And then the redemption centers North America in in the United States, not necessarily Canada, and not necessarily Mexico in Canada, but HSBC as the primary bank, but also social bank, those two banks for Canada and then Latin America is being.  the redemption centers North America in in the United States, not necessarily Canada, and not necessarily Mexico in Canada, but HSBC as the primary bank, but also social bank, those two banks for Canada and then in Mexico and Latin America is being overseen by Banco Santander Santander Bank

Santander Santander Bay, right? So those, those three, the rest of the world, I can only say HS is still the lead international day. There may be some other other banks too that are really the major biggest bank, the one type banks in other countries. Okay, so pay attention to that.

Now, as far as our timing for this, okay, we  know that people are telling us   essentially it's coming from three separate sources today. Two of them are saying we could get notified anytime between Friday - they're considering that the weekend and Monday, the 14th. So the weekend, Friday to the 14th, which is Monday.

One source is indicating that we could get by any time from tomorrow, which is the ninth through the 14th, which is Monday. So the night through the 14th,which is Monday  - yes today, that's right,

I think a little premature, suggests that tomorrow would be in play for 800 numbers. I personally think the most likely scenario, it could come out Friday or Saturday. Yes, it could, but if we don't get it by Saturday, my gut is that it'll come in Sunday night late and wake up to it Monday, and then call – set appointments - and maybe, depending on the time that we get the numbers, the 800 numbers in our emails from Wells Fargo and we set our appointment, and then if it's early – we go that day -, because not If it's later, like two o'clock in the afternoon or so, I think that we get our numbers  I heard starting on Tuesday, that's my my opinion – that’s my projection on it

 that you know we could, I could be wrong. I hope I'm wrong and we get it sooner. I think they are watching to see what happens with the hurricane, I think they are watching to see what happens when you have provisions some of the areas that have already been hit by Hurricane Helene that they have temporary structures that can do some exchanges as well in place. And so they may not be the same permanent buildings that they were going to use.

They've already worked that out. Now, if this thing, the hurricane, goes through and does a fair amount of damage, then I'm thinking they may postpone it, but they may just want to catch back on changes as soon as redemption centers are looking to Get notified, when they notified, even as early as tomorrow, that they would have available funds in the email, how much they have total in their account, how much availability of those funds they would receive access Three things, what's their total amount that should be in their account, how much, how much they would have access to day one, and then what day they would actually be able to access their account? And those emails could come out anytime.

Could be they might not get access till next week, so we don't know until here we are on a Tuesday. It looks to me like we would have a call on Thursday night.   

At this point, that's what it looks like.  plan for that. And other than that, I say I that's pretty much everything I wanted to bring out tonight, everything I wanted to say,

I believe that the information is reliable. And reason why time for the weekend through 14 is the fact that Sunday, we've got Nasara activated, implemented on Sunday don't have a time. Might be after the 4x comes back up five o'clock Eastern don't know that, but when just are already implemented this morning, at 630 in the morning and got Nasara to be implemented, I think we're off to the races, I really do.

And I think that gives us enough time through the end of the month or Reduction Centers to get most everybody in there. Of course, they want the zoom in their immediate Amen thing.

They want it quickly and all that good stuff.

We don't talk about med beds a whole lot, but I did. I did hear that med beds should be available, especially for zim holders, take care of the white labels that could be

They want to know that you want to be around long enough to see your projects through the completion. So there is a little bit of advantage if you're a Zim holder, in terms of getting into the Mend bag quickly. I'm talking 5% After getting start, so I'm excited about that tonight. And let's now turn off the recording

Bruce’s Big Call Dinar Intel Tuesday Night 10-8-24  REPLAY LINK  Intel Begins 1:03:35

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Bruce’s Big Call Dinar Intel Thursday Night 9-26--24  REPLAY LINK  Intel Begins   1:08:08

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Bruce’s Big Call Dinar Intel Tuesday Night 10-1-24  REPLAY LINK  Intel Begins   1:14:45

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Bruce’s Big Call Dinar Intel Thursday Night 9-26--24  REPLAY LINK  Intel Begins   1:00:40

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Bruce’s Big Call Dinar Intel Tuesday Night 9-24-24  REPLAY LINK  Intel Begins 56:36

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Bruce’s Big Call Dinar Intel Thursday Night 9-19--24  REPLAY LINK  Intel Begins   1:11:30

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Bruce’s Big Call Dinar Intel Tuesday Night 9-17-24  REPLAY LINK  Intel Begins 1:02:20

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Bruce’s Big Call Dinar Intel Thursday Night 9-12-24   REPLAY LINK   Intel Begins   1:13:30

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Bruce’s Big Call Dinar Intel Tuesday Night 9-10--24  REPLAY LINK  Intel Begins 1:07:27

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Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 10-9-24

Good Afternoon Dinar Recaps,

LEADING STABLECOIN ISSUERS & CRYPTO FIRMS EMBRACE INTERNATIONAL SET OF STABLECOIN STANDARDS

London, United Kingdom, October 9th, 2024, Chainwire

▪️Stablecoin Standard’s newly introduced set of global standards receives endorsement from a number of stablecoin issuers, including GMO-Z.com Trust Company (‘GMO Trust’), StraitsX and BiLira, that offer G10 currencies including JPY, SGD, TRY & USD

▪️Standards also endorsed by top ecosystem participants including Fireblocks, Solana, Bitst,amp, Zodia Markets and JST Digital

Stablecoin Standard, the industry body for stablecoin issuers globally, today announced that their recently unveiled set of global standards for stablecoin issuers have been endorsed by some of the leading stablecoin issues and ecosystem participants in the industry.

Among those who have endorsed are Archblock, BiLira, Bitstamp, GMO-Z.com Trust Company (‘GMO Trust’), JST Digital, Fireblocks, Solana Foundation, StraitsX and Zodia Markets, signaling a new era of cooperation and standardization within the stablecoin industry.

The standards, announced by Beth Haddock, Global Policy Lead at Stablecoin Standard, at the Annual Flagship Event in Singapore, were designed to promote operational resilience, transparency and consistent issuer commitments globally.

Stablecoin Standard’s Policy Working Group created the high-level standards that are both general and actionable, while being sensitive to the innovation in the market.

Beth Haddock, Global Policy Lead at Stablecoin Standard, commented on the endorsements: “Their endorsement not only validates the rigor of our proposed framework but also underscores the importance of creating a stable, transparent, and resilient environment for digital currencies.

This milestone, following discussions at our annual meeting, sets a strong foundation for the continued evolution of the ecosystem.”

The endorsement of the standards lays the groundwork for a stablecoin ecosystem that prioritizes transparency, security and consumer protection. With increased scrutiny from regulators and growing demand for digital assets, unified standards can provide clarity and assurance to both industry participants and the public.

Stablecoin Standard’s new framework aims to accelerate the adoption of stablecoins by fostering greater confidence among consumers, regulators, and traditional financial institutions.  

Ramy Soliman, Co-Founder of Stablecoin Standard, commented on the endorsements: 

“The endorsement of our global standards by leading stablecoin issuers such as, BiLira and ecosystem participants, including industry leaders like Solana, Zodia Markets and JST Digital, is a vital step toward establishing a unified, trusted framework for the entire sector.

As stablecoins continue to redefine the future of digital payments, these standards will provide the foundation for long-term growth, transparency, and security.

This collective commitment—solidified during discussions at our annual meeting—not only underscores the industry’s dedication to fostering innovation but also demonstrates a concerted effort to align with evolving regulatory expectations and build the consumer trust essential for stablecoins to thrive globally.”

Stablecoin Standard and its endorsing members plan to continue refining these standards for implementation with the goal of achieving industry-wide adherence by Q4 2025.

Quotes from Endorsers:

Sinan Koç, Co-founder and CEO of BiLira, commented on their endorsement, “As a stablecoin issuer, BiLira has always prioritized transparency, security, and adherence to high standards, which is why we are proud to endorse the Stablecoin Standard’s newly introduced set of global standards.

TRYB is governed with a commitment to uphold these principles, which we believe are essential for fostering trust and stability in the rapidly evolving digital asset space. We support this initiative as a significant step towards a more resilient and unified stablecoin ecosystem.”

Ran Goldi, SVP Payments and Network at Fireblocks, commented on their endorsement, “With more than a dozen stablecoins issued on Fireblocks, we strongly believe standards are the right path for our ecosystem with regard to interoperability and reaching the holy grail of instant liquidity any time, anywhere. SCS is taking a big, bold step, and we proudly endorse and stand with them on this journey.”

Kenny Chan, Head of StraitsX, commented on their endorsement, “As one of the leading regulated stablecoin issuers in Asia, StraitsX is committed to upholding the highest standards of transparency and operational resilience.

We are proud to support the Stablecoin Standard’s newly introduced global standards, which will help build greater trust in the stablecoin ecosystem and ensure that digital currencies can be securely and seamlessly adopted by businesses and consumers worldwide.

By working collaboratively with key industry participants, we believe these standards will provide a strong foundation for the future of stablecoins, promoting innovation while ensuring compliance with evolving regulatory frameworks.”

About Stablecoin Standard

Stablecoin Standard (SCS) is the industry body focused on setting operational, transparency, and product related standards for stablecoins. The SCS plans to achieve industry wide standards by sharing international best practices, business development use cases, forming industry led working groups defining what a high-quality liquid stablecoin should look like, and engaging with policymakers domestically & internationally.

The SCS ecosystem consists of over 30 advisory board members, industry partners and issuers that offer digital currencies in global jurisdictions such as the US, EU, Singapore, Australia, and Turkey – among others.

@ Newshounds News™

Source:  Crypto News Flash

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CHINA STRENGTHENS RUSSIA PARTNERSHIP VIA BRICS AND SCO COOPERATION

China has reaffirmed its commitment to closer relations with Russia through major international platforms like BRICS and the Shanghai Cooperation Organization (SCO). 

At an event celebrating 75 years of diplomatic relations, State Councilor Shen Yiqin emphasized China’s readiness to bolster international cooperation and multilateral partnerships, especially within the Global South.

China Reaffirms Strategic Commitment to Russia on 75th Anniversary of Diplomatic Ties

Chinese State Councilor Shen Yiqin reaffirmed China’s commitment to closer ties with Russia through platforms like BRICS and the Shanghai Cooperation Organization (SCO) at an event marking the 75th anniversary of diplomatic relations between the two nations. Speaking at the Russian embassy in Beijing, Shen emphasized China’s readiness to enhance international cooperation. She said:

We are ready to proudly carry the banner of multipolarity, defend international equity and justice, increase cooperation within international platforms, BRICS and SCO in particular, unite the Global South, and contribute to forming a community with a unified course for humanity.

Shen’s remarks highlighted China’s dedication to building stronger multilateral ties. She also spoke of the strategic importance of continued collaboration with Russia, noting that the two countries are united in their efforts to further deepen their partnership. Shen noted:

We will pursue deepening full-scale cooperation with our Russian friends for the good and in the interests of the national revitalization of the two countries in accordance with the top-level agreements within the context of the celebration of the 75th anniversary of the establishment of diplomatic ties and the Years of Culture.

The Chinese leader also recalled the recent exchange of congratulatory messages between President Xi Jinping and President Vladimir Putin, affirming both nations’ commitment to stronger bilateral relations.

@ Newshounds News™

Source:  Bitcoin News

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 AUDIO - BOB LOCK - TEXAS SNAKE AND BLONDE - MANAGING SUDDEN WEALTH THROUGH SMART TEAM BUILDING.  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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“Iraq and Vietnam News” Posted by KTFA Members 10-9-2024

KTFA:

Clare:  Controls

Anti-Money Laundering and Terrorist Financing Controls for Exchange Companies and Foreign Currency Brokers ...

For more, click here

https://cbi.iq/news/view/2686

Clare:  Association of Banks: More than 600 government institutions adopt electronic payment

10/8/2024  Baghdad

The Association of Private Banks confirmed, on Tuesday, that the number of government institutions relying on electronic payment has increased to 600.

The Executive Director of the Private Banks Association, Ali Tariq, said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "the government decisions obligating government institutions and many private institutions to provide an electronic payment window - which began to be implemented in March 2023 - have brought about a tangible change in the use of this system in Iraq."

He added, "The infrastructure was ready with the support of the Central Bank of Iraq, with prior instructions and great cooperation between banks and electronic payment companies."

He pointed out that "government support has contributed to accelerating the spread of electronic payment, as we have witnessed during the past year and a half a significant increase in the number of cards issued, reaching 20 million cards, including 2 million cards issued during the last year. The number of electronic payment devices has also increased to more than 30 thousand devices, and it is expected that this number will double by the beginning of next year."

Tarek explained that “the number of government institutions that have adopted the electronic payment system has exceeded 600 institutions, after it was only about 50 institutions, which led to a significant increase in the volume of trading,” noting that “this system has many benefits for citizens, projects and the government, as it provides security, speed and low costs compared to transferring money and its exposure to damage, theft or counterfeiting.”

He stressed that "the next phase will witness a greater expansion in the use of electronic cards and an increase in electronic payment operations, with the primary goal of providing an easy and inexpensive service to the Iraqi citizen, whether in government or private institutions."  LINK

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Clare:  The government completes the file to join the "WTO"

10/9/2024  Baghdad: Rula Watheq

 After the important steps and achievements made by the government in more than one file and sector, it was the turn to address the world and confirm that Iraq has become an economic power that should not be underestimated, and has all the qualifications and capabilities to join the World Trade Organization (WTO) after completing all preparations for that.

The government headed by Prime Minister Mohammed Shia Al-Sudani has set, within its government program, a clear vision for the economic future in Iraq, which included setting timetables for achieving the liberalization process and focusing on sectors with high potential such as agriculture, industry and services, which contributes to accelerating accession to the organization.

According to the spokesman for the Ministry of Commerce, Mohammed Hanoun, to Al-Sabah, "All preparations were completed by the government team representing all ministries, which held an important meeting in Abu Dhabi headed by Minister of Commerce Athir Dawood Al-Ghariri."

He explained that "Iraq has fulfilled all the requirements for joining the organization, through a package of legislation and laws currently being discussed to reform the current legal system to be in line with the requirements and controls of the international organization, such as coordinated trade policies throughout the country, including tariff rates and customs procedures."

Experts believe that joining the organization will be a "major achievement" for the government, especially since it has great benefits, including increasing Iraqi exports and contributing to stimulating economic growth.

Hanoun praised "the efforts of the Kingdom of Saudi Arabia through its team in the organization, through coordination with it, as it is the main partner in Iraq's accession to this international organization."

 He stressed that "all ministries are working to ensure that the team has the information that helps it join the organization, especially since joining the World Trade Organization benefits Iraq in expanding free trade."   LINK

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Clare:  Iraq plans to build 52 advanced residential cities

10/9/2024   Baghdad: Hussein Thaghab  

The “Real Estate Investment in Digital Transformation” Forum focused on the inevitability of adopting technology in the real estate sector and the benefits it brings to the country, at a time when nearly 200,000 housing units are being built and 52 residential cities are being planned.

The Prime Minister’s speech was read on behalf of the Digital Transformation Advisor, Dr. Hassan Al-Khatib, who said: “This forum enhances the reality of investment in Iraq and keeps pace with the development in digital transformation, which the government attaches special importance to due to its role in achieving sustainable economic development.”
He added that “the development of digital technologies will contain challenges and that cooperation with the private sector achieves the goals that the government aspires to, which will push the digital transformation process forward and enhance safe work paths in all sectors.”

He continued that “digital transformation has significant positive effects on the national economy, and Iraq is witnessing the construction of more than 200,000 housing units, which requires the introduction of advanced technology.”

He pointed out that "the country needs to introduce an infrastructure that accelerates the provision of services," noting that "the expansion in construction and the need for communications accelerates the achievement of digital transformation," warning of "the need for an infrastructure that is several times what is available, represented by the Internet, in a way that develops the Iraqi economy to large levels and helps in enhancing production and expanding services and contributes to doubling the annual gross domestic product periodically."

He stated that "the government has a plan to establish a digital academy to train thousands, even millions, of human resources to enable them to use and benefit from new technologies."

Chairman of the Baghdad Investment Commission Ali Al-Attar said: "Many housing projects have begun by introducing digital data, and this plan requires developing the
digital system."

He pointed out "the importance of developing digital performance, and we must work to prepare specialized human resources in this plan that aims to adopt technologies that are the most modern
in the world."

Representative of the Ministry of Construction and Housing, Hamid Abdul Hamad, stated that “residential cities are among the most important aspects of the government program,” noting that “the study of establishing 52 residential cities is ongoing, 5 of which have been put forward, and the cities’ specifications include that they be smart.”

He pointed out that “the city designs were not approved unless they included advanced technology and the adoption of advanced global companies in the field of
digitization.”

Executive Director of the Iraqi Private Banks Association, Ali Tariq, said that “digital transformation represents the most important direction for developing the economic reality in the country, as it rises to advanced and secure levels for money paths in Iraq.”

He pointed out that “rising to global performance requires advanced digital transactions, and here we must start from where the world ended and keep pace with the developments witnessed by the international work arena.”

He pointed out that “the balance of development during the coming period must be the most efficient, and this must be coupled with real work that comes with advanced technology and the necessary human resources.”

Financial expert Dr. Abdul Hafeez Abdul Latif described the government’s insistence on digital transformation as “the first step towards achieving sustainable economic development,” and explained that “the government’s approach represents an important step in the right direction that serves the country and reflects a bright image to
the world.”

He pointed out that "correcting paths and creating an ideal environment lies in the extent of adopting digital transformation within Iraq, and the banking system has become a supporter of developing the reality of performance in Iraq through the digital transformation sought by
the government."   LINK

Henig:  Trump Organization to develop $1.5 billion golf course and hotel project in Vietnam

By Reuters

October 8, 2024 HANOI, Oct 8 (Reuters) - Vietnam's real estate developer Kinhbac City (KBC.HM), opens new tab (KBC) said on Tuesday that its subsidiary has partnered with The Trump Organization to develop a $1.5 billion golf course and hotel project in Vietnam's Hung Yen province.

A memorandum of understanding between the two companies was signed in late September during the visit of Vietnamese President To Lam to the United States, KBC said in a statement. The project consists two 54-hole golf course systems, together with a network of hotels and resorts and a modern residential complex, the statement added.

A Reuters analysis in August found the golf course and resort business was the biggest driver of cash flow for the Trump Organization, the family business of U.S. Republican presidential candidate Donald Trump, which houses the hundreds of companies he ultimately owns.

In mid-September, representatives from the Trump Organization visited the province and met Hung Yen authorities to discuss investment opportunities, according to the provincial administration.

"We are excited to enter this dynamic market. Vietnam has potential in the luxury hotel and entertainment industry," Eric Trump, Executive Vice President of The Trump Organization, also the second son of former President Donald Trump, said in the statement.

It did not provide a timeframe for construction of the project.

Vietnam, with a population of 100 million, currently has about 70 golf courses and 100,000 local golfers, according to the Vietnam Golf Association.

The U.S.-based Trump Organization did not immediately respond to an emailed request from Reuters for comment. LINK

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

Clare:  Officially.. Signing the contract to implement the Gulf electricity interconnection with Iraq

10/9/2024

The Gulf Cooperation Council countries signed, on Wednesday, a contract to implement the Gulf electricity market linkage project with Iraq, which will enhance energy security and allow the GCC countries to supply Iraq with about 3.94 terawatt-hours annually at competitive prices less than the cost of local production, leading to a reduction in public expenditures .

The signing took place at the headquarters of the Gulf Interconnection Authority in Dammam, eastern Saudi Arabia, under the patronage of Saud bin Bandar bin Abdulaziz, Deputy Governor of the Eastern Province, who launched the update of the control center systems for the electrical interconnection network, which aims to improve the efficiency and flexibility of electricity systems in the face of current and future challenges.

Bin Badr Al-Aziz stated that implementing the project to link the Gulf electricity market with Iraq will contribute to the sustainability of energy supply and the establishment of local projects, and enhance the stability of the electricity grid in Iraq, which reduces dependence on expensive traditional energy sources and increases the effectiveness of using available resources .

He stressed that the Gulf electricity interconnection project is one of the strategic projects that strengthens the bonds of cooperation in the economic and social fields between the GCC countries and neighboring countries, and enjoys the support of the leaders of the GCC countries in order to achieve security and stability of the energy system in the region .

Bin Abdulaziz stressed the need for expansion and that the role should not be limited to ensuring the flow of energy only; as the actual steps have begun through signing memoranda of understanding to study the possibility of electrical interconnection with Iraq, Jordan and Egypt, and at the beginning of next year, the actual operation of the interconnection with Iraq will begin.

He explained that signing the contract to implement the Gulf electricity market linkage project with Iraq will contribute to enhancing energy security and enable the GCC countries to supply Iraq with about 3.94 terawatt-hours annually, according to the targets set for 2025, and at competitive prices less than the cost of local production, which will lead to reducing public expenditures.  LINK

Economist’s “News and Views” 10-9-2024

The Biggest Market Crash Since 2008 Just Hit Asia, is the US Next?

Steven Van Metre:  10-8-2024

The financial world is abuzz following what has been termed the largest market crash since 2008, a seismic event that has reverberated throughout the Asian markets. Investors and economists are now pondering a crucial question: Is the United States next in line for a similar downturn?

The recent market crash in Asia was triggered by several intertwining factors. Firstly, soaring inflation rates—exacerbated by ongoing supply chain disruptions and geopolitical tensions—have put immense pressure on economies across the region. Not to mention, rising interest rates set by central banks to combat inflation have raised concerns about slowing economic growth.

https://youtu.be/1xricD6Xp54

Economic Shock: China Stimulus Panic Sell-Off, US Treasury Dump To Snap Global Markets

Sean Foo:  10-9-2024

Across the board, investors started selling Chinese stocks as fear builds that China might never pull the fiscal bazooka.

Investors still don't understand the Chinese market and why Beijing might be waiting till 2025. Meanwhile, US bonds are selling off pushing yields higher. This will re-inflate the Yen carry trade risk that imploded global markets in August.

Timestamps & Chapters:

0:00 China Stimulus Fear Burns Investors

3:11 Beijing Holding Firepower For 2025

6:08 US Bond Yields Disaster

7:30 Sponsor: Indigo Precious Metals

8:55 Disastrous US Jobs Report

 9:55 Yen Carry Trade Collapse 2.0

12:53 2025 Extreme Economic Risk

https://www.youtube.com/watch?v=svg9UpcylyA

The System Is On Fire - There's No Way Out | Bill Holter

Liberty and Finance:  10-8-2024

Bill Holter warns of an impending U.S. Treasury default due to skyrocketing interest payments projected to exceed $1.5 trillion annually.

He argues that the Federal Reserve is fundamentally broken, lacking the equity to support its massive balance sheet.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Severe storms

6:38 Global crises

10:30 Gold scams

24:10 Storage

27:00 Proof coins

33:30 Gold never changes

 38:57 Silver confiscation?

40:00 Financial collapse

https://www.youtube.com/watch?v=KkLk79OFD0A

“Coffee With MarkZ” Wednesday Morning Chat 10-9-2024

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: GM all wonderful people on the chat

Member: Are we there yet?

Member: I feel this journey will never end and we all are just hanging on by a thread

Member: It’s always darkest before the dawn…

Member…..With all the bad going on everywhere is the world….we could sure use some good news.

MZ:  “Parliamentary Finance : These are the reasons for the rise in the exchange rate of the dollar against the Iraqi dinar”  There have been fluctuations going on right now. The Central Bank is saying “It’s not us” They have a pegged exchange rate and the inconsistencies are because of smugglers and unscrupulous business people in some unlicensed exchange offices.

MZ: The reality is that this is going to exist until the value of the dinar is the same or more that the rate of the US dollar. And they know it at the Central Bank. They know this problem will instantly go away the moment they get a rate change.

Member: Then why don’t they do something??????  

MZ: I think the Central bank is letting us know how close they are to the REER. (Real Effective Exchange Rate)

Member: Iraq is like a baby.. it arrives in it's own time!!

MZ: “The value of loans and advances to Iraq banks increased to more than 61 trillion dinars”  What does this mean? This is what we thought we would see as their economy kicks into a life of its own. There is a lot of progress in Iraq right now.

MZ: “Iraq oil prices are rising. Basra crude touches $78”  

MZ:  There is a lot of conversation going on right now about a real effective exchange rate. A meaningful rate change….The value of the dinar is very important and oil prices can and will affect it. They are looking for a oil price above $70 a barrel  for stability but would love it above $80..

MZ: If you follow most of their math on the REER ….The worst case scenario or bare minimum it could possibly be is.76 cents..….. What we are expecting is in the high $3 range or low $4 range which makes the most economic sense. I am still being told to expect higher than that.

Member: 76 would be in country if anything-imo. We’ll have a REER added.

Member: Have you heard from any Bond holders yet?

MZ: No banker or bond news yet this morning. It’s been very dry and very silent.

Member: Ok there is a lot of chatter about VND and others....my question is are they going to all RV at the same time or does anyone know

Member: IMO If Iraq goes first and alone – the others will follow shortly after…….

MZ: I have not seen anything on the dong recently. My bank people are still telling me its fluctuating from $2.16 to over $3 on screens. They say to not put too much faith in those yet as it is probably just a testing of the system.

Member: We may need a show on how to diversify and protect our exchanges  if we get paid Fiat?

Member: Iraq has completed WTO requirements according to articles

Member: What did the Kuwaiti dinar go for when they RV’d?

MZ: I believe it was about $3+ and fluctuating….It went up to about $9.88 within days on that crazy float…..Then it came down to the $4’s and settled in the mid $3’s where is has pretty much stayed for more than 20 years….. …It was not pegged. That is why I think we will not see the same crazy float with Iraq.  

Me Member: You think the weather is disrupting the RV? Is this their way of halting it…the rats that is

Member: At this point I don’t think there is any specific event that will trigger the RV. That’s said, given all the progress that’s been made in the past 2.5 years it makes no sense why it hadn’t happened!

MZ: I do not think a hurricane in the US will stop a RV in Iraq.

Member: Iraq is in a great position now…..They just need to do it!!

Member: Nigeria dumped the dollar.. now paying in local currency

Ember: BRICS is having big meetings this month….

Member: This upcoming weekend is a 3 day weekend for Columbus day….Maybe something will finally happen.

Member: I still believe we have to wait until after the election…..but that is only 3 weeks away now .

Member: Everyone we are praying you will be safe in the coming storm about to hit Florida….

Member: Also praying for the people in North Carolina who are still recovering from Helene….

Member: Have a very fantastic and blessed day all of you blessed people of God and be very safe everyone.

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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

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

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

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

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

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

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:    https://www.youtube.com/watch?v=s1AW0Qlmqms

Iraq Economic News and Points To Ponder Wednesday AM 10-9-24

Deputy: The US Federal Reserve Is Besieging Iraqi Liquidity Through The Dollar

 Today Information / Baghdad..   Representative for the State of Law, Firas Al-Muslimaoui, confirmed today, Tuesday, that the  Federal Bank’s measures were the main reason behind the continued lack of financial liquidity, calling on the Ministry of Finance to find alternatives.

 Al-Muslimaoui told the Maalouma Agency,   “Iraq is not poor and has many resources, but  there is a problem in delivering the money for selling oil, which arrives after three months through the Federal Bank.”

He added,  "The means of delivering the dollar and its restriction by the Federal Bank cast a shadow over the creation of liquidity in the Ministry of Finance," noting that  "the external liquidity issue requires a high-level government effort in order to solve this issue and increase the quantities of dollars flowing into Iraq."

He stressed the necessity of "shifting to agreements similar to the Chinese accounting agreements providing services in exchange for oil to dispense with the dollar," stressing that

 "the US Federal Bank is still exercising its conditions on Iraq to put pressure on the parallel market."

 https://almaalomah.me/news/78999/politics/نائب:-الفيدرالي-الأمريكي-يحاصر-السيولة-العراقية-عبر-الدولار

Speculators

 The first 10/08/2024  The editor-in-chief wrote:   Iraqi law explicitly criminalizes speculation operations that lead to influencing the exchange rate of the local currency and punishes those who commit them.

 Article 44 of the Money Laundering Law of 2015 stipulates that these people are punished with one year imprisonment and a fine of one million dinars.

 Although the reform packages undertaken by the government since its first days were successful, and despite the Central Bank's many sales of hard currency, the activity of speculative gangs contributed to maintaining the same large difference between the official price and the parallel market price.

We know that this confusion in the exchange rate variation is primarily due to the arbitrary monetary policy pursued by the former regime, especially during the siege, which made the Iraqi banking system a ruin and distanced it from the systems followed internationally.

 However, the monetary policies that followed the change in 2003 also did not provide successful solutions.

 They did not succeed in building a banking system that would provide services recognized in all countries of the world, which destroyed the virtual role of banks in building the country’s economy.

 In this context specifically comes the directive of Prime Minister Muhammad Shia Al-Sudani yesterday regarding the necessity of pursuing speculators who exploit the political and security crises that the region is going through, and not to be lenient or lenient with them.

 This directive complements the packages of directives related to monetary policy that the current government has initiated since its formation, most notably the government incentive program for the use of electronic payment tools, because the lack of knowledge of many citizens in using credit cards also contributes to the exacerbation of this crisis.    https://alsabaah.iq/103769-.html      

Privatization And Partnership, Which Is More Beneficial?

 Economical 10/07/2024  Yasser Al-Metwally    Which is more beneficial, privatization or partnership?

 Privatization is a method within the capitalist system that aims to convert capital assets owned by the state into private ownership as a tool for treating loss-making government companies.

As a reminder, in the period after the change, specifically during the era of Iyad Allawi’s government in the year (2005), a privatization body was formed that included experienced businessmen and government officials with special and high levels, headed by a well-known businessman and with the membership of ministerial undersecretaries.

 At that time, I was assigned to work as a media advisor to the Authority, and I accompanied its activities until the end.

 The goal of forming this body is due to the fact that there are more than (190) companies, most of whose factories were loss-making, including companies that went bankrupt without any production, and among them were companies that did not meet their expenses and the salaries of their employees.

 The body conducted statistics and surveys of companies and classified them according to their production capabilities and suitability for work.

But with the change of governments, the authority was neglected, abandoned, and abolished.

 The opinions of economists are divided between supporters and opponents of privatization, and

 given the large costs and burdens that these companies pose on the budget, attempts have been made to support these companies with the aim of activating them, but to no avail.

 Experts agree in the end that Partnership is the ideal way to revitalize troubled companies, introduce them into the business market, and make them productive.

 Partnership is a new method that enters into the attempts of those in charge of economic reform to address and recover losing companies, as partnership is considered a type of partial privatization in all cases.

 What is meant by partnership is the partnership of the public sector and the private sector, provided that Handing over the management of companies to the private sector while keeping ownership constant for the state, based on the recognition that the mentality of the private sector focuses on profitability in order to maintain production with high efficiency without wasting productive resources.

 It seems that the prevailing trend now is to adopt the partnership method in order to achieve the following goals (which are calculated from Advantages of partnership: foremost of which is maintaining ownership of capital assets without compromising them, as well as benefiting from the expertise of the private sector to make companies successful and make them profitable, thus eliminating the burden of large losses that they were incurring.

There may be several reasons behind the failure of public companies, the most important of which is corruption and public administrations’ lack of interest in losses because financing is guaranteed.

 The most prominent reason is uncontrolled openness, which led to making public companies unable to compete due to high production costs and was a peg upon which some failed administrations relied.

 Therefore, it is clear from the above analysis that the partnership is economically more beneficial, and this is what most economists around the world agree on, although it is not without flaws.

 The question remains: What are the challenges facing the partnership in Iraq?

 The first challenge is the opposition of public company administrations to concessions to the private sector, and therefore its reasons and motives are of a privileged nature.

 Moreover, the culture of the totalitarian regime is still entrenched in the minds of many, which makes us really need time to achieve an equal partnership preceded by binding laws and procedures that do not allow the applicable laws to object to the new management of companies.

 We need to create efficient management by applying the conditions and controls of governance in a way that paves the way for a successful partnership. So we need time, and the important thing is to start.      https://alsabaah.iq/103683-.html    

The Governor Of The Central Bank Of Iraq Chairs A Bank Lending Meeting

 October 08, 2024      His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, chaired the first meeting of the Supreme Executive Committee for the National Banking Lending Strategy in Iraq, which was formed pursuant to Diwani Order No. 51 of 2024, in the presence of undersecretaries of ministries, organizations and concerned authorities.

    During the meeting, the importance of the role of the banking sector and government and private institutions was discussed, and their role in implementing this strategy and implementing the main themes and sub-objectives of the national bank lending strategy were discussed.

His Excellency the Governor stressed that the national bank lending strategy aims to

      revitalize and stimulate the Iraqi economy as well as

     achieving growth in all fields, to which this strategy will

     contribute through the establishment and expansion of small, medium and large enterprises,

 stressing the importance of the cooperation of relevant authorities in the success of this mission,

 which It is considered a priority at the national level in providing job opportunities for young people and investing in their energies and capabilities in a way that achieves economic growth in the economic sectors.

 It is noteworthy that the Central Bank of Iraq launched, on May 25, 2024, the national strategy for bank lending in Iraq for the years 2024-2029, in the presence of a number of officials and representatives of diplomatic missions and international organizations, and the axes of what was stated in the strategy and the mechanisms for working on it were identified, each according to his specialty.      Central Bank of Iraq     Media office      October 8, 2024  https://cbi.iq/news/view/2685     

  For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

News, Rumors and Opinions Wednesday AM 10-9-2024

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 Wed. 9 Oct. 2024

Compiled Wed. 9 Oct. 2024 12:01 am EST by Judy Byington

Possible Timing:

On 18 Oct. 2023 the US Treasury said that they were bankrupt.

Global Currency Reset:  (Opinions/Rumors)

Tues. 8 Oct. 2024 Wolverine: “We’re home, just hold on for another day.”

Mon. 7 Oct. 2024 Wolverine: “The digital banking system in Iraq has been spreading salaries for three days. Digital banking system is working now in Iraq. The rate can change any moment from now.”

Tues. 8 Oct. 2024 Mike Bara: “On the German Bond side, “Not yet.” Still could happen today. Was also told the hold up for the last 10 years was Zimbabwe when they went to gold in 2015. We’ve been waiting for all that time for them to get their tasks done and they were “done” as of yesterday Mon. 7 Oct. 2024.

~~~~~~~~~~

Tues. 8 Oct. 2024 Bruce:

This next Mon. 14 Oct. is Columbus Day and we think the banks will be closed and is this that three day weekend  – but RC might well be open.

This morning we were advised that Gesara which is the International scope started this morning.

Nesara deals with the US and we heard that will be activated implemented on Sunday 13th or maybe Monday or Tuesday.

We should be getting our taxes back with the R&R and also interest on CC and bank loans and mortgages done through the banks and also the trading on all those certificates we were made to have. All of that ends up we will be getting those funds back.

For those of us exchanging at the Redemption Centers those funds would already be in your QFS account.

Wells Fargo is overseeing all the RC in the US. In Canada it is HSBC and Scotia Bank. In Mexico Santander Bank. The rest of the world is still HSBC and maybe some others in other countries.

Three sources saying we could be notified between Friday and Monday the 14th. One source is saying anytime from the 9th – 14th. Some timing depends on what happens with Hurricane Milton in Florida.

Bond Holders are going to be notified in their emails when they would receive the total amount. Those emails could come out at any time.

~~~~~~~~~~

Tues. 8 Oct. 2024 QFS: The New Quantum Financial System (QFS) ~ Trust The Plan! October 2024 …Julian Assange

The Quantum Financial System (QFS) is here, and it’s set to change everything. Medeea Greere brings you the latest intel, no filters, no distractions—only the truth.

The QFS, launched into space last year, has been tested and proven. Now it’s ready to roll out across the globe. Four major portals will connect the world:

US Portal: Connected with Canada, America, and all of South America. The US Note (USN) will serve as the main entry for these nations.

European Portal: Connecting Spain, Portugal, Italy, France, Germany, and other European nations, including Scandinavia.

UK Portal: Covers England, Scotland, Ireland, and Wales, linked with a Sterling Token.

Asia-Africa-Australia Portal: Links India, Pakistan, Africa, New Zealand, Australia, and the rest of Asia.

Every region will have its own local currency backed by gold reserves, and each gold reserve will be tracked with nano-engineering to prevent corruption. The deep state’s ability to manipulate assets will be blocked.

Why do you think they’re suppressing gold and silver? Because they fear what comes next. The US Dollar and Euro are now worthless, artificially propped up to prevent chaos. But the collapse is imminent, and the transformation is already happening.

BRICS nations (Brazil, Russia, India, China, South Africa) activated their portals just two days ago. The deep state is losing control, and the truth is about to shine.

The future belongs to the awake. It’s time for all patriots to unite, to trust the plan, and to prepare for what’s coming. The storm is upon us, and we are ready.

~~~~~~~~~~

Tues. 8 Oct. 2024: Cuba has officially applied for partner status in BRICS, marking a significant step in strengthening its ties with the influential bloc of emerging economies. The Cuban government’s interest in joining BRICS reflects its commitment to South-South cooperation and desire to forge closer ties with nations like China, Brazil, Russia, India, and South Africa.

Read full post here:  https://dinarchronicles.com/2024/10/09/restored-republic-via-a-gcr-update-as-of-october-9-2024/

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

Militia Man  Everybody knows that Iraq...said back in September of 2023...that Iraq was going to be the savior of the international financial system, bring confidence to the financial system in the largest banks in the world...They've been working on this to do what they said they were going to do.

Frank26  A lot of people unfortunately are considering this a lop...You really think they're going to take a pair of scissors and go click, click, click [cutting off zeros from the physical notes]?  What is this...it's got holes in it?  You just cut it all up...No, if they did that it's called a lop...So where does it come off of?  A [physical note] is called a currency. You're not going to take it off the bill...Iraq's exchange rate is .00076981 .  You take the decimal point and you move it over to the right three spaces because that's three zeros and this becomes $0.76 . Got it?  This is purchasing power when you change the exchange rate by lifting 3 zeros. What is the exchange rate right now in Iraq?  1320 .  When they change the exchange rate that will become internally for the Iraqi citizens 1.320

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

LIVE! (Alert). FOR THE US DOLLAR AND AMERICA TIME IS QUICKLY RUNNING OUT.

Greg Mannarino:  10-8-2024

https://www.youtube.com/watch?v=kZL3N2Vz-4o

“Tidbits From TNT” Wednesday Morning 10-9-2024

TNT:

Tishwash:  The government completes the file to join “WTO”

 After the important steps and achievements made by the government in more than one file and sector, it was the turn to address the world and confirm that Iraq has become an economic power that should not be underestimated, and has all the qualifications and capabilities to join the World Trade Organization (WTO) after completing all preparations for that.

 The government headed by Prime Minister Mohammed Shia Al-Sudani has set, within its government program, a clear vision for the economic future in Iraq, which included setting timetables for achieving the liberalization process and focusing on sectors with high potential such as agriculture, industry and services, which contributes to accelerating accession to the organization.

According to the spokesman for the Ministry of Commerce, Mohammed Hanoun, to Al-Sabah, "All preparations were completed by the government team representing all ministries, which held an important meeting in Abu Dhabi headed by Minister of Commerce Athir Dawood Al-Ghariri."

He explained that "Iraq has fulfilled all the requirements for joining the organization, through a package of legislation and laws currently being discussed to reform the current legal system to be in line with the requirements and controls of the international organization, such as coordinated trade policies throughout the country, including tariff rates and customs procedures."

Experts believe that joining the organization will be a "major achievement" for the government, especially since it has great benefits, including increasing Iraqi exports and contributing to stimulating economic growth. Hanoun praised "the efforts of the Kingdom of Saudi Arabia through its team in the organization, through coordination with it, as it is the main partner in Iraq's accession to this international organization."

He stressed that "all ministries are working to ensure that the team has the information that helps it join the organization, especially since joining the World Trade Organization benefits Iraq in expanding free trade."  link

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

Tishwash:  Al-Sudani stresses the importance of setting standards for partnership between the Iraq Development Fund and the private sector

 Prime Minister Mohammed Shia Al-Sudani stressed, today, Wednesday, the importance of setting standards for partnership between the Iraq Development Fund and the private sector

His media office stated in a statement received by {Al Furat News} that "the latter chaired the periodic meeting of the Board of Directors of the Iraq Development Fund, during which a number of topics and procedures related to the work of the fund were discussed, and it was agreed to proceed with signing the contract with the consulting company supervising the "Edopa" project, which aims to build schools, as part of the efforts made to fill the shortage of school buildings in Iraq." 

During the meeting, Al-Sudani stressed the "importance of cooperation with the private sector and setting clear standards for partnership between the Fund and the private sector," noting the need to rely on what will be provided by KBR, which represents the advisory side of the government. 

He also stressed the "need to coordinate with the governorates to increase the number of schools that will be established through the fund within the Iduba project."   link

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

Tishwash:  The Central Bank continues the actual implementation of banking reform plans

Based on the decision of the Council of Ministers to approve the National Strategy for Bank Lending in Iraq on 8/18/2024, which was launched by the Central Bank on 5/25/2024, the Supreme Executive Committee for the Strategy began its work and held its first meeting headed by the Governor of the Central Bank, which is a clear announcement of the beginning of the actual phase of implementing its strategies for banking reform, which includes what is stated in its third strategy, the national strategy for lending, environmental and social standards, and corporate governance for banks.

And draw a clear roadmap in agreement with the global Oliver Wyman Company to start developing the banking sector. This means that it has completed the first phase of the banking reform process, which is drawing up policies, programs and standards and determining the main and sub-goals for the transition to a complete reform by achieving tangible and important results in the field of regulating foreign trade financing and regularity in the global financial system through strict adherence to international compliance standards and building solid international banking relations with global banks and correspondent banks and introducing the local currencies of countries with significant trade exchange to cash transactions in their local currencies in addition to dealing in the US dollar.

Also, activating and strengthening its procedures in the transition from a cash economy to a digital economy and cooperating with the government in expanding the use of electronic payment tools and spreading the culture of transitioning to a cashless society.

Certainly, the above tasks occupied a large part of the efforts at the local and international levels. Within the reform map led by the Central Bank with the cooperation and support of the government and the support of the Prime Minister personally, the focus will be on restructuring government and private banks in a way that does not allow the existence of troubled and unsound banks and starting to implement new policies to support and develop small, medium and large enterprises and support youth according to what was stated in the National Lending Strategy by achieving two main goals:

The first is to increase credit granted to the private sector by 4% of the non-oil GDP until 2029, equivalent to 7 trillion dinars, and the second is to increase credit to finance small, small and medium enterprises by 3% of the non-oil GDP, equivalent to 5 trillion dinars (55% of the financing gap), which contributes to operating 100,000 projects to stimulate and stimulate the economy and achieve development, in addition to starting to establish and license the Riyada Bank and license the Green Bank, which will specialize in sustainable financing of renewable energy projects, as well as moving towards licensing digital banks to keep pace with progress in the field of modern digital banking products.

The electronic platform will also be gradually withdrawn this year. One of the tasks that will begin is the rehabilitation of banks restricted from dealing in the US dollar to comply with international standards in light of the work of the joint committee between the Central Bank and the US Treasury Department, through which the work of these banks in the foreign transfer activity for previous years will also be analyzed and audited by international auditing companies, in the hope that restrictions will be lifted.

What we expect from the procedures and policies adopted by the Central Bank, what has been achieved, and what will be achieved later will be reflected in achieving economic stability by overcoming the challenges of stability in the financial and monetary system, which will contribute to the stability of the exchange rate and the recovery of the Iraqi dinar inevitably.  link

Mot: . Bet Ya Didn't Knows This un! -- HUH!!! 

Mot:  .. Just Love the Internet and all the Trusimisssmsss I find!! 

Seeds of Wisdom RV and Economic Updates Wednesday Morning 10-9-24

Good Morning Dinar Recaps,

TAIWAN TO TRIAL CRYPTO CUSTODY SERVICES THROUGH LOCAL BANKS IN 2025

Taiwan’s Financial Supervisory Commission reportedly plans to start collecting applications from institutions interested in trialing Bitcoin custody services in the first quarter of 2025.

Taiwan is looking to advance institutional cryptocurrency adoption as local regulators aim to pilot crypto storage services through local banks.

The Financial Supervisory Commission (FSC) of Taiwan is preparing to launch an institutional trial of crypto custody services, the local news outlet, Central News Agency, reported on Oct. 8.

While the FSC reportedly expects to start collecting applications in the first quarter of 2025, three private banks in Taiwan have already expressed interest in piloting a crypto custody business.

FSC mentions Bitcoin, Ether and Dogecoin
Citing explanatory information by the FSC, the report stated that financial institutions applying for a trial run of crypto custody in the future would have to specify the type of assets they store for clients, such as Bitcoin, Ether, or Dogecoin.

Additionally, the institutions must include information about the type of users they target, whether those are professional or general investors, crypto asset platforms or others.

FSC’s director of the comprehensive planning division, Hu Zehua, reportedly mentioned at a press conference on Monday that the authority expects to publicly release the information on the upcoming trial at least 15 days before starting accepting applications. The FSC will also be collecting public feedback on the proposed trial and revise the process accordingly.

@ Newshounds News™

Source:  CoinTelegraph

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IOTA GAINS INSTITUTIONAL TRACTION AS FIREBLOCKS ADDS EVM SUPPORT TO ITS SECURE PLATFORM

▪️Fireblocks has announced the integration of the IOTA EVM, allowing institutional investors to transfer, hold and manage IOTA tokens and tokenised assets.

▪️The institutions can also leverage the Fireblocks REST API to develop IOTA token solutions for their retail clients across DeFi, GameFi, NFTs and more.

Crypto is no longer a retail game for speculators and meme coin lovers. Today, crypto and the underlying blockchain technology underpin global applications that span dozens of industries and impact the global economy. 

This has brought on institutions and multinational corporates, and with the recent Fireblocks integration, this group can now store, transfer and manage IOTA tokens and assets tokenized on the network.

IOTA announced the Fireblocks integration this week, describing it as “a major step forward in supporting a wide range of digital asset operations.”

The New York-based Fireblocks is one of the world’s leading digital asset platforms, serving some of the world’s largest institutions and allowing them to delve into digital assets without all the associated risks. Launched in 2019, Fireblocks has facilitated over $6 trillion in digital assets and supports over 80 protocols and networks.

 It has now integrated IOTA EVM, allowing its massive network of enterprise users to transact IOTA tokens and assets on the network through its API and console.

The integration allows institutional investors to store their IOTA tokens in their Fireblocks vaults and transfer the tokens over the Fireblocks network to other investors.

 It’s not limited to institutional use, however. These institutions can launch token support for their retail customers with Fireblocks’ REST API, the base layer of the company’s SDKs that allow them to program its services and customize them for their target audience. 

They can then deploy these tokens into retail-facing applications across DeFi, NFTs, GameFi, and other marketplaces.

Toeknisation is the biggest target market for institutions, with Goldman Sachs projecting that the sector could hit $16 trillion by 2030. It also aligns with IOTA’s redefined vision, as founder Dominik Schiener explained to Crypto News Flash earlier this year in an exclusive interview.

The Fireblocks integration fits into this, allowing users to securely mint and transfer tokenised assets.

The IOTA team summed up the new integration as monumental, stating:

In conclusion, IOTA EVM’s integration into Fireblocks marks a significant milestone towards offering a top-notch ecosystem for institutional and enterprise users. The storage, transfer, and creation of tokens need to be as easy as possible, so builders can focus on their product and not have to worry about security or custody.

IOTA joins other leading blockchain networks that have announced similar integrations with Fireblocks to cater to the institutional audience. Three weeks ago, Chainlink teamed up with Fireblocks to focus on the transfer and management of stablecoins, as we reported.

@ Newshounds News™

Source:  Crypto News Flash

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@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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