Iraq Economic News and Points to Ponder Saturday Afternoon 11-16-24

Central Bank Of Iraq's Hard Currency Sales Rise To More Than $1 Billion

economy | 04:43 - 11/16/2024   Mawazine News – Baghdad   The Central Bank of Iraq recorded an increase in its sales of hard currency (US dollars) during the past week, as total sales amounted to more than $1.434 billion, distributed over five days of auction.

According to the data, the average daily sales amounted to $286.996 million, representing an increase compared to the previous week, which recorded total sales of $1.169 billion.

Monday was the highest selling day during the past week, as sales amounted to $292.427 million, while Wednesday recorded the lowest sales at $281.979 million.

Foreign remittance sales accounted for the largest share, amounting to $1.380 billion, representing 96% of total sales, while cash sales amounted to only $54.200 million.

This increase comes within the framework of the Central Bank’s continued efforts to meet the market’s needs for foreign currency, while maintaining the stability of the exchange rate and enhancing external financial flows.   https://www.mawazin.net/Details.aspx?jimare=256625

Dollar Holds Steady At Start Of Week With Close

Economy  | 05:23 - 11/16/2024  Mawazine News – Baghdad  The dollar prices fell in the markets of Baghdad on Saturday, and in Erbil, the capital of the Kurdistan Region, with the closure of the stock exchange at the beginning of this week.

The dollar prices fell with the closing of the Al-Kifah and Al-Harithiya stock exchanges to record 150,350 Iraqi dinars per 100 dollars, while this morning it recorded 150,600 dinars per 100 dollars.

The selling prices also fell in exchange shops in the local markets in Baghdad, where the selling price reached 151,250 Iraqi dinars per 100 dollars, while the purchase price reached 149,250 dinars per 100 dollars.

In Erbil, the dollar recorded a slight decrease, where the selling price reached 150,450 dinars per 100 dollars, and the purchase price reached 150,350 dinars per 100 US dollars. https://www.mawazin.net/Details.aspx?jimare=256628

Financial Advisor: Good Performance Of Fiscal Space Reflects Government’s Ability To Increase Spending Without Problems

Political | 11/16/2024  Mawazine News – Baghdad  The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Saleh, confirmed today, Saturday, that the good performance of the fiscal space is an indication of the government's ability to increase spending without facing financial problems, noting that the temporary shortage in the flow of public revenues in some months did not disrupt the government's work.

Saleh said that "the government's financial policy worked towards the principle of fiscal space in the economy, which means that the pace of public spending, especially on investment projects, was not significantly affected by the temporary shortage in the flow of public revenues in some months."

Saleh added: "The good performance of the fiscal space indicates the government's ability to increase spending or provide social support that contributes to supporting the economy without causing serious financial problems such as inflation or a large deficit."

He continued: "This fiscal space is still available when the state's financial conditions are good, which allows the government to take fiscal policies that stimulate economic growth, such as increasing spending on infrastructure or improving social services."

  https://www.mawazin.net/Details.aspx?jimare=256624

Oil Prices Fall On Weak Chinese Demand, Uncertainty Over Rate Cut

Saturday 16 November 2024 08:55 | Economic Number of readings: 237

Baghdad / NINA / Oil prices fell by one dollar per barrel at the end of trading yesterday, Friday, heading towards a weekly loss, as investors are assessing indications that demand in China, the largest importer of crude, is still weak, in addition to a possible slowdown in the pace of the Federal Reserve's interest rate cuts.

Brent crude futures fell $1.09, or 1.5 percent, to $71.47 a barrel, while US West Texas Intermediate crude futures fell $1.18, or 1.7 percent, to $67.52. Over the week, Brent headed down 3.3 percent and WTI 4.1 percent.

Data from the National Bureau of Statistics showed crude refining activity at Chinese refiners fell 4.6 percent in October from a year earlier, marking a seventh straight month of year-on-year decline, amid some plant shutdowns and smaller independent refiners cutting operating rates. The

International Energy Agency (IEA) forecast global oil supply will outpace demand in 2025 even as cuts by the OPEC+ alliance, which groups OPEC members and allies such as Russia, continue, as rising output from the United States and other non-OPEC+ producers outweighs slowing demand.

The Paris-based agency raised its demand growth forecast by 60,000 barrels per day (bpd) in 2024 to 920,000 bpd, and left its 2025 oil demand growth forecast unchanged at 990,000 bpd.

OPEC this week also cut its forecast for global oil demand growth for this year and 2025, marking the fourth downward revision by the group. The organization for its forecast for 2024.

The US Energy Information Administration said that crude inventories rose by 2.1 million barrels last week, far exceeding analysts’ expectations for an increase of 750,000 barrels.

The administration reported at the same time that gasoline stocks fell by 4.4 million barrels last week to their lowest level since November 2022, compared with analysts’ expectations in a Reuters poll for an increase of 600,000 barrels.

The data also showed that distillate stocks, which include diesel and heating oil, unexpectedly fell by 1.4 million barrels. /End9   https://ninanews.com/Website/News/Details?key=1169284

Gold Prices Stabilize In Baghdad

Money and business  Economy News – Baghdad   Gold prices witnessed stability in the wholesale markets on Al-Nahr Street in the capital, Baghdad, where the selling price of one mithqal of 21 karat Gulf, Turkish and European gold was recorded at 532 thousand dinars, and the purchase price reached 528 thousand dinars.

The selling price of one mithqal of 21-karat Iraqi gold was 502 thousand dinars, and the purchase price was 498 thousand.

As for prices in goldsmith shops, the selling price of a mithqal of 21-karat Gulf gold ranged between 535,000 and 545,000 dinars, while the selling price of a mithqal of Iraqi gold ranged between 505,000 and 515,000 dinars.   https://economy-news.net/content.php?id=49875

Al-Bandawi: Iraq Is Moving Towards Full Sovereignty With America’s Commitment To Withdraw Its Forces

Time: 2024/11/16 Read: 1,014 times  {Politics: Al Furat News} Member of the Parliamentary Security and Defense Committee, Ali Al Bandawi, said that Iraq is taking steps towards full sovereignty with the commitment of the United States of America to withdraw its forces.

Al-Bandawi told {Euphrates News} that: "Regarding the agreement between Iraq and America on the withdrawal of international coalition forces from Iraq, the agreement was made between Iraq and America and the Iraqi government is committed to this agreement and a series of dialogues and meetings were held."

He pointed out that "the United States and the new American president are supposed to complete the agreements, especially since there is a need to go in the economic direction instead of the military or war direction."

Al-Bandawi added that "Iraq's continuation of these dialogues with the American side will lead to a final agreement and the agreement is binding on the administration of the two countries," noting that "the speech of the Commander-in-Chief of the Armed Forces, Prime Minister Mohammed Shia al-Sudani, confirmed that it is binding because a joint high technical committee is completing the remaining final arrangements for the withdrawal of American and international forces from Iraq."

Iraqi officials said in statements last September that there is an agreement with a clear time frame between Washington and Baghdad on the issue, but Washington has remained largely silent.

Defense Minister Thabet al-Abbasi also confirmed two months ago that an agreement had been reached on the withdrawal of coalition forces over two years and transforming the relationship into a sustainable security partnership.

He said in a previous interview that "it was agreed to end the coalition's mission in two phases, the first phase begins this year and continues until 2025, while the second phase ends in 2026."

It is noteworthy that approximately 2,500 American soldiers are still present in Iraq as part of the international coalition, under a training and advisory mission and to assist Iraqi forces, after their numbers were reduced following the defeat of ISIS from the country in 2017.   LINK

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

Seeds of Wisdom RV and Economic Updates Saturday Afternoon 11-16-24

Good Evening Dinar Recaps,

FINANCIAL INSTITUTIONS WILL DRIVE RWA TOKENIZATION’S TRILLION-DOLLAR GROWTH

The real-world asset tokenization industry is projected by some to exceed $30 trillion by 2030, driven by nimble and mainstream financial institutions.

Financial institutions will be the main drivers of the growing tokenization industry leading up to 2030, which could potentially see more than 50-fold growth.

Real-world asset (RWA) tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities around these assets.

Large financial institutions will be the main drivers of the tokenization sector’s significant growth, according to Jesse Knutson, the head of operations at Bitfinex Securities.

Institutions are already driving significant growth in the crypto industry, which could spill over into the tokenization sector, Knutson told Cointelegraph during an exclusive at Plan B Lugano:

“It's the more nimble institutions, the fast movers, like the family offices, those kind of guys. I think they'll have an outsized impact in these early days. But eventually, the benefits of tokenization, they're going to pull in the mainstream institutional investors.

Some of the world’s largest financial institutions and business consulting firms say the RWA sector may see a more than 50-fold increase by 2030, potentially reaching over $30 trillion.

Tokenized securities: a $ trillion opportunity
Most firms predict that the RWA sector will reach a market size of between $4 trillion and $30 trillion by 2030.

RWA tokenization, market size predictions by 2030. Source: Tren Finance

If the sector were to achieve the median prediction of about $10 trillion, it would represent more than 54 times growth from its current value of around $185 billion, including the stablecoin market, according to a Tren Finance research report.

Still, stablecoins continue to dominate the RWA sector, accounting for over $170 billion of the market as of October 2024. In comparison, securities and treasuries tokenized onchain are valued at $2.2 billion.

RWA sector will follow the crypto industry’s growth trajectory: Bitfinex
Bitcoin saw significant growth this year, rising over 116% year-to-date, after receiving a significant institutional nod in the form of the first spot Bitcoin exchange-traded funds (ETFs) in the United States.

The RWA tokenization industry will likely follow the growth trajectory of the crypto space, said Bitfinex Securities’ Knutson:

“The consensus view is that markets are going to evolve, and the direction they're probably going to evolve is, is something similar to how the digital asset industry has grown over the years.”

Increasingly, more institutions are betting on the RWA sector’s success, including the world’s largest asset management firm, BlackRock. Other financial institutions are running tokenization pilots, including UBS Asset Management.

@ Newshounds News™

Source:  CoinTelegraph

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HBAR GOES TO SPACE! SPACEX AND HEDERA TO PIONEER SATELLITE PAYMENT NETWORKS

▪️Hedera Hashgraph could be powering SpaceX to space after multiple key figures confirmed a groundbreaking partnership with Elon Musk’s company.

▪️Hedera’s ability to process trillions of transactions per second and track space traffic was part of the several reasons for its consideration.

Hedera Hashgraph (HBAR) could soon go into space as a renowned crypto investor and expert discloses a groundbreaking partnership with SpaceX. According to Shawn, Hedera would be primarily responsible for facilitating crypto transactions in space. 

Meanwhile, this could mark a huge breakthrough for satellite-to-satellite payment networks while subjecting transactions across Earth and space to a significant transformation.

Why Hedera?
According to experts, Hedera provides cutting-edge solutions to all the challenges of the previous blockchain technologies. Explaining this in a blog post authored by Shawn in 2023, it was disclosed that Hedera can facilitate trillions of transactions per second.

 Comparatively, Ethereum can only manage 12-15 transactions per second. Meanwhile, Hedera executes these levels of operation while consuming 970.000.000 less energy than Ethereum.

Explaining the application of Hashgraph in space, Shawn highlighted five key use cases in his post.

Secure Satellite Communication and Payment Networks
According to Shawn, SpaceX’s Starlink has issues with making uncensored, fast, and secure internet connectivity worldwide.

This has been a challenge since its internet access depends on the server infrastructure on Earth. In this case, a targeted attack on the data centers or global nuclear fallout could render this infrastructure useless. Fascinatingly, the use of Hashgraph technology alongside Starlink, according to Shawn, could put these disruptions under control.

Tokenization of Resources from Asteroid Mining
Shawn also argued that asteroids could be tokenized on Hashgraph with the extraction of the resources financed by people globally.

Space Supply Chain Management
Hashgraph is also reported to possess the ability to enable companies to monitor the carbon emissions of their supply chain. In addition to that, they can keep progress in every step of their production of a rocket from start to finish.

Tracking & Management of Space Traffic
According to the report, Hashgraph possesses unique qualities for managing space traffic. Seven of these features listed by Shawn are:

▪️Real-Time Monitoring and Coordination
▪️Decentralization
▪️Consensus and security
▪️Efficiency and scalability
▪️Interoperability
▪️Smart contract for automated responses
▪️Data integrity and transparency.

Smart Contracts for Autonomous Spacecraft and Space Vehicles
The combination of artificial intelligence and Hedera is reported to enable spacecraft and space vehicles to autonomously make decisions. Fascinatingly, this is said to be done by executing different predefined scenarios without necessarily minimizing human errors.

Smart contracts can be programmed with logic that allows spacecraft to make decisions based on real-time data. For example, if a satellite detects an obstacle or another satellite on a collision course, the smart contract can automatically execute maneuvers to avoid a collision without the need for ground intervention.

According to our investigation, the movement of Hedera to space has also been confirmed by the CEO of WISeKey Carlos Creus Moreira.

In his announcement on X, Moreira disclosed that this groundbreaking mission would redefine innovation.

World-first: testing the exchange of SEALCOIN directly from space as a proof of concept. This is a major leap forward in secure satellite communication and blockchain integration with Hedera Hashgraph, paving the way for the future of space-based digital cryptocurrency transactions.

Meanwhile, CNF has also reported that Cardano could be embarking on a partnership journey with SpaceX with the co-founder Charles Hoskinson recently dropping a teaser on X.

At press time, HBAR was trading at $0.085 after surging by 21% in the last 24 hours.

@ Newshounds News™.

Source:  Crypto News Flash

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🌱MASSON CLASS 1) ID REQUIREMENTS FOR CRIMINAL TRESPASS SHERIFF HANDBOOK - ARE YOU FREE?  |  Youtube

Did you miss the Friday Night Constitutional Call last night?  You can catch it on our Youtube Channel at the link above.  Learn the steps to change your status to return your power and rights as a Citizen of the State.

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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Gold Replacing Treasuries as Global Safe Haven: Andy Schectman

Gold Replacing Treasuries as Global Safe Haven: Andy Schectman

WTFinance:  11-15-2024

In a recent episode of the WTFinance podcast, listeners were treated to an enlightening discussion with Andy Schectman, the President of Miles Franklin Precious Metals Investments.

Known for his insightful perspectives on the economy and precious metals markets, Schectman provided a wealth of information on a variety of pressing topics that are shaping the financial landscape today.

As we navigated through a post-pandemic world, Schectman’s take on the current economic situation was both candid and eye-opening. He expressed concerns about the complexities of our economic recovery and the challenges that lie ahead.

 With inflation still a lingering issue and supply chain disruptions continuing to ripple through the market, Schectman emphasized the importance of being vigilant and proactive in these uncertain times.

One of the most discussed topics was the inconsistency surrounding Federal Reserve (Fed) rate cuts and their impact on yields. Traditionally, one would expect that lower interest rates would translate into decreased yields, but Schectman illuminated why this hasn’t been the case in today’s economic environment.

He attributed the stagnant yields to a deeper issue regarding market confidence and liquidity, suggesting that simply adjusting interest rates is not sufficient to ignite robust economic growth.

Schectman introduced listeners to the concept of financial repression, a situation where inflation outpaces interest rates, effectively eroding savings. He explained how this can serve as a double-edged sword: while it can benefit borrowers, it creates hardships for savers, particularly retirees who depend on fixed-income investments.

This ongoing repression could prompt investors to reconsider traditional saving mechanisms, potentially steering them toward assets such as precious metals, which have historically served as a hedge against inflation.

The conversation took a fascinating turn toward global geopolitics when Schectman delved into the implications of BRICS—a coalition of Brazil, Russia, India, China, and South Africa—and the emerging risks of a new axis of power. He theorized that as BRICS nations seek to offset Western economic dominance, they may forge new trade alliances and currency frameworks that could challenge the U.S. dollar’s supremacy.

This shift has monumental implications, not only for international trade but also for U.S. foreign policy and economic stability. Schectman encouraged listeners to stay abreast of these developments, as shifts in global alliances could have a direct impact on domestic economic conditions.

A particularly intriguing topic was the prospect of a BRICS currency. As member countries explore the possibility of creating a joint currency, Schectman noted the potential this could hold in facilitating trade among member nations without relying on the dollar.

This move could symbolize a significant shift toward a multipolar world economic system, fostering new dynamics in trade that could subsequently impact global markets.

Andy Schectman’s appearance on the WTFinance podcast was an enlightening session that provided listeners with a comprehensive view of the intricate economic issues facing us today. From the perplexities of interest rates to the emergence of BRICS as a formidable economic bloc, Schectman’s insights are invaluable for anyone looking to navigate the current financial landscape.

As we look ahead, it’s clear that understanding these evolving dynamics will be crucial in making informed investment decisions and preparing for potential shifts in both domestic and global markets. For those seeking to gain deeper insights into precious metals and the broader economy, this episode is a must-listen!

Whether you’re an investor, a financial professional, or simply someone interested in the world of finance, tuning into conversations like these can enrich your understanding of today’s complexities and uncertainties. Join us in the excitement and exploration of these vital topics as they unfold.

https://youtu.be/lXGbnpsoo2c

https://dinarchronicles.com/2024/11/15/wtfinance-gold-replacing-treasuries-as-global-safe-haven/

News, Rumors and Opinions Saturday 11-16-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 16 Nov. 2024

Compiled Sat. 16 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Fri. 15 Nov. 2024 Frank26 Bank Story: This time we didn’t go down, we just called the bank on Mon. 11 Nov. 2024. We said we want to see if we can exchange some currency and he said what kind of currency? We said Iraqi dinar. He didn’t even skip a beat, he said, well I’m not sure about that one right now let me talk to my colleagues and I’ll get back to you. Easy-peasy, we were just kind of shocked. 

 Frank Bank Story Cont…..He put me on hold and came back and he very calmly said sir… with the amount that you told us you have, the Brinks truck will come to your house and they will do the exchange right there in your house and then you'll be good to go.  It'll be in your bank.  

You'll be able to verify it on your phone, in your app that shows your banking information.  He said you'll be able to validate on a computer, all that jazz, that the money is in your account...

They're saying we should have and accountant and tax attorney.  They have a list of all that, that they'd be more than happy to share. I said no thank you I have all that covered...It was amazing.  Our jaws dropped...This was [last] Monday by the way..

 https://dinarevaluation.blogspot.com/2024/11/bank-story-from-frank26-13-nov.html?spref=tw

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Thurs. 14 Nov. 2024 Wolverine:

The Dinar is actively trading on the Forex but fluctuating.

Redemption Centers did not show currency values on their screens until today.

Tier 4A (Admirals Group) to be notified on Saturday 16 Nov. with access to funds on Monday 18 Nov. 2024.

Tier 4B and Tier 3 Bond Sellers to be notified on Monday morning before Noon 18 Nov. 2024. We may start Monday afternoon, otherwise Tuesday morning 19 Nov. 2024.

Everything is to be (allegedly) triggered Saturday night 16 Nov.

No more delays, this is the last Call. Christmas before Thanksgiving!

~~~~~~~~~~~~

Thurs. 14 Nov. 2024 Bruce:

Your R&R monies will already be in your Quantum Account that you will activate when you do your exchange.

You will have a new email account set up at the Redemption Center.

Your Quantum Card will only be used to transfer funds from your Quantum Account to your Master bank account with Wells. You can transfer to other banks from there.

A source at Social Security reported that Social Security increases are not going to be in October, but will be in the month of November. You will get your added payment (a 80% to 100% increase from what you are presently receiving) a week after you get your regular payment.

Bond Holders have been told they will receive their emails Thurs, Fri or Sat that would inform them of when they will have access to their accounts – which will likely be on Tues. 19 Nov.

They are rolling out the toll free numbers to Tier4b (us, the Internet Group) likely by Mon. 18 Nov. and we will be able to set appointments on Tues. 19 Nov.

BRICS are intending to bring out their Reserve Currency on Tues. 19 Nov.

~~~~~~~~~~~~

Ginger: “Protecting my contacts, while I’m not permitted to explain the exact details, I’ll just tell you I’ve verified the most encouraging and LEGIT news for Tier 1 through Tier 4A/Bond holders that I’ve ever heard from my REAL People contacts on Wednesday. It took several hours to vet the details after work, so I’m reporting this, with extreme CONFIDENCE”.

Thurs. 14 Nov. 2024 Tony (forward from Fred Koch):

Tony said Monday 18 Nov. 2024 was to be our day.

It was his guess that the World Bank was holding the RV up because of an unexplained issue.

The emails hadn’t gone out as expected. Bank personnel were rousted out of bed 2:30am Sunday morning to prepare for Monday. When Monday came and went they were still put on standby because the RV could happen at any moment.

At one point Tony was interrupted by a text or phone call. He said that the caller told him RV was imminent and that the caller had given him the actual date. (Which Tony wouldn’t divulge)

So we were left with a timeframe (3 days) and an assurance on Bolivar (Soberano) exchange rate of 30 cents/ Soberano or $30 million/100 Digitale (100 million Soberano).

Thurs. 14 Nov. 2024 RV Highlights on Telegram: “We are almost there and it is always quiet before the storm. The levels above us will start on Fri. 15 Nov. 2024. There are over 7,000 regional call centers which will set your appointments. Those who do not get notified by email can find the information on the Web. It will be easily available. In Iraq their Victory Day is Dec. 10. We will go before the end of the month.”

Read full post here:  https://dinarchronicles.com/2024/11/16/restored-republic-via-a-gcr-update-as-of-november-16-2024/

***********

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

Mnt Goat    I had an interesting conversation with my CBI contact...Wednesday.   We talked about the new peg for the dinar. The new peg is established and will finally take the place for IQD peg instead the sole de facto peg to the US dollar. I was told we will shortly see news articles on this subject matter as they educate the citizens...

Militia Man  Article quote:  "The Turkish Central Bank supports these steps along with the Central Bank of Iraq for regulating financial operations between the two countries."   What does it do?   It contributes to facilitating commercial transactions...That's talking about international trade and that's what we're waiting for.  At some point they're going to have to have an international calculation and a Forex traded currency...

Fed To Face Existential Threat The Financial System | Michael Pento

Liberty and Finance:  11-15-2024

Portfolio manager Michael Pento highlights the inflationary risks tied to unchecked currency printing and the potential for a liquidity crisis, similar to past events.

Pento warns that such a crisis could freeze credit markets, leading to an economic collapse unless the Fed intervenes by printing even more money, exacerbating inflation.

He explains that gold is a favorable investment in scenarios of inflation or stagflation, as it thrives in environments of economic stagnation and rising prices.

INTERVIEW TIMELINE:

 0:00 Intro

1:25 Election & markets

13:00 Market risks

21:40 Pento Portfolio Strategies

https://www.youtube.com/watch?v=mO3GuAMBH_s

Weekend Coffee With MarkZ and MilitiaMan 11-16-2024

Weekend Coffee With MarkZ and MilitiaMan  11-16-2024

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

MZ: The first 45 minutes we hang out with Matt and Lucas, then dive into the news

Member: Welcome to the weekend………A full moon weekend. Any news overnight Mark?

MZ” Some real positive stuff out of Iraq this morning.

MZ: “Al Bandowi:  Iraq is moving towards full sovereignty with America’s commitment to withdraw its forces”  Most of this withdrawal is happening before 2025. In other words in the last and final part if this year. Why is this important?  Sovereign currency and sovereign country. And we have been told repeatedly that troops will be gone once US is paid….IE Revaluation.

MZ: “Central Bank of Iraq sales exceed one billion dollars within 5 days”  By selling about a billion dollars US- this means they have pulled about a trillion dinar off of the streets. This will help the value tremendously.

MZ: “Advisor to the Prime Minister: The government is able to increase spending without inflation of fiscal deficit” They have a sound economy and letting us know they are stable. Shabibi said to give him a stable Iraq and he would give them a new rate.

MZ: “ For the first time in Iraq –Efforts to establish a investment association and attract the capital of 10 countries” to attract agriculture ect…things that are not oil related.  These countries are specifically about agriculture, industrial and housing. A well rounded economy and we get a new rate.

MZ: “18 states file lawsuits against SEC over alleged unlawful crypto regulation” This is a push for states rights and sovereignty.

Member: Militia Man fired up last night - Iraq on a 9 day holiday???

Member: It seems Iraq has more Holidays then work days…lol

Member: Is it true Iraq has a Celebration Today?

Member: Is there a high probability this goes before 2025?

Member: I totally believe it will happen this year.

MZ: We are expecting MilitiaMan to jump in at any moment…..He is excited as I am in seeing some of these articles…..

Member: Good Morning MilitiaMan!!!

MZ: Are you getting excited with these articles? I get warm and fuzzies when I see these.

MM: There are a lot of things to feel warm and fuzzy about today. Its been some time since Sudani said they were going to be the savior of the financial system and today we can see this with all the contracts being done and reconstruction efforts.

Member: So MM how long do you figure Iraq can sustain current economy before they finally need to change their rate to go where they are trying to get to economically.

MZ: They need to finish out the 2024 budget –they have money they want spent over the next month. There is so much they are pushing for to make happen. So much good is going on right now.

MM: I totally agree. Look at the Port of Faw and the non oil revenue streams in Iraq. And currency transactions with Turkey……they would have to be Article 8 complient.  And look at the Development road project.

MM: But Iraq still needs to show its people its REER (Real Effective Exchange Rate)

MZ: So many things are finally coming together.

Member: What is your gut feeling on timing MM?

MZ: I’m feeling real good it’s before the end of the year……real good.

MM: I like where we are and there is evidence that supports it happening this year. I think there is a push for Al Sudani and Al Alak to have a conversation about the 2024 budget. They have to show the 2024 final accounts before they can even see the 2025 budget. They need to plan starting the big railway to turkey and they won’t want to do that in 135 degree heat . And they have to pay for it. With 25 projects that have to be funded …I am hoping it’s within a 10 day window.

MZ: It very well could be.

Member: THANK YOU MM FOR JOINING! POSITIVE NEWS!

Member: I went to my credit union today (AZ) and all the ATMs were changed out with the slots that say Notes and Cheques…..All the ATMs were new and different.

Member: 1700 banks & financial institutions have adopted the Ripple protocol XRP

​​Member: I feel like the U.S. will have to start talking about new asset backed currency before it goes.

Member: I now affirm all obstacles removed, all programs ready, all countries ready, green light on, Mr. C puts in the code. RV activated NOW. Amen

Member: It really seems like the erie calm before the storm.

Member:  Thanks Mark and M Man for all that you do and may God richly bless you both always.

Member: Everyone enjoy your weekend

Be sure to watch the replay for the entire MilitiaMan segment and his information and opinions.

PLEASE FOLLOW AND SUBSCRIBE TO MILITIA MAN & CREW: https://www.youtube.com/@MilitiaManCrew

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 WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Youtube:     https://www.youtube.com/watch?v=5yBqv1IegB8

Iraq News Highlights and Points to Ponder Saturday AM 11-16-24

PM's Advisor: Government Able To Increase Spending Without Inflation Or Fiscal Deficit

Baghdad - WAA - Nassar Al-Hajj,   the Prime Minister's Advisor for Financial Affairs, confirmed today, Saturday, that the good performance of the financial space is an indication of the government's ability to spend without problems, while he pointed out that the government was not hindered by the shortage in the regular flow of public revenue in some months.

Saleh told the Iraqi News Agency (INA), "The government's financial policy worked towards the principle of fiscal space in the economy, which means that the pace of growth in general and investment spending on projects in particular were not hampered by the temporary shortage in the regular flow of public revenue in some months."

He added, "Therefore, the good performance of the fiscal space indicates the government's ability to increase spending or social support to support the economy without causing serious financial problems such as inflation or a large deficit."

He continued, "This space is still available when the state's financial situation is good, and allows the government to take fiscal policies to stimulate economic growth, such as increasing spending on infrastructure or improving social services."  https://www.ina.iq/221509--.htm

Economist: Parallel Market Remains Pivotal To Financing Iraq’s Trade With Iran, Syria

Time: 2024/11/16   Reading: 767 times  {Economic: Al Furat News} Economic expert Abdul Rahman Al Mashhadani confirmed today, Saturday, that the difference in the dollar exchange rates between the parallel market and the official price is considered a normal matter at the present time, indicating that Iraq has not yet solved the problem of trade with the sanctioned countries.

Al-Mashhadani told Al-Furat News Agency, “We need between 25 and 35 million dollars daily to finance trade with Iran and Syria, especially since the private sector’s trade with these two countries is considered the largest and is financed from the parallel market.”

He added, "This difference between the two prices is mainly due to financing trade from the parallel market, noting that this is the main reason for the difference between the official and parallel prices remaining."

He explained that "indications indicate that US President Trump is thinking of easing sanctions on Russia and Iran due to their impact on the US economy," noting that "if sanctions are eased and Iraq is allowed to deal directly with Iran to finance its trade, the dollar will return to levels close to the official price."  From.. Raghad  LINK

US Institute: Trump Administration May Prevent Iraq From Importing Iranian Gas As Part Of Pressure On Tehran

Energy   Economy News - Follow-up  The American Foreign Policy Research Institute believes that the Trump administration may use pressure on the Tehran government through economic files, including exporting gas to Iraq.

The institute published a report stating that "the Trump administration may take advantage of regional tensions to pressure the Iraqi government to reform security institutions and limit the influence of factions."

The report added that "the Trump administration may prevent Iraq from buying Iranian gas as part of its expected strategy of maximum pressure against Tehran."

Regarding foreign withdrawal, the report said that "Trump may decide to keep US forces in Iraq depending on the course of regional events."

He added, "The attacks launched from Iraq will make the country vulnerable to targeting, similar to Syria, Lebanon and Yemen."    https://economy-news.net/content.php?id=49873

Find Out The Exchange Rates Of The Dollar Against The Dinar In The Iraqi Stock Exchanges

Economy  2024-11-16 | 3,838 views  Sumerian News – Economy  publishes Sumerian News, exchange rates Dollar Against the dinar Iraqi In local Iraqi markets on Saturday, November 16, 2024.

Baghdad:  Selling price: 151,000   Buying price: 150,250

Erbil:  Selling price: 151,250   Buying price: 150,600

Basra:  Selling price: 151,000   Buying price: 150,000

On February 7, 2022, the Council of Ministers announced the approval of amending the exchange rate Dollar To 1320 dinars per dollar.  LINK

Iraq Is Ahead Of China In Trade Exchange With Iran.. These Are The Numbers

Economy  2024-11-16 |  Male Economy responsible Iranian: Trade exchanges between Iran and other countries last October exceeded 22 million and 809 thousand tons.

The spokesman said, Committee Relationships International And trade development in The house The Iranian Ministry of Industry, Trade and Mines said that trade exchanges between Iran and other countries in October exceeded 22 million and 809 thousand tons, worth 13 billion and 698 million dollars, which is 39% more than in October of last year.

Ruhollah Latifi explained, in statements reported byan agency ISNA News: Iran's non-oil trade in October this year, whether in exports, imports or foreign transit, witnessed a remarkable growth, as it was export More than 18 million 359 thousand tons of goods worth 6 billion 771 million dollars this month, which is an increase of 58.6% in weight and 62.6% in value compared to October last year.

Regarding Iran's main export destinations last month, he said: Although China bought most of Iran's goods in the exports of the past months, Iraq Last October, it was the first destination for Iranian goods exports, with a share of $2.78 billion.

 After that, Iraq China came in second place with $1.434 billion, followed by Turkey with $925 million, the UAE with $783 million, and Afghanistan with $249 million.

Regarding the first countries that sell goods to Iran, the spokesman said: Committee Relationships International And trade development in The house Iranian Industry, Trade and Mines: Last October, the UAE ranked first in selling goods to Iran, with $2.18 billion, followed by China with $1.755 billion, Turkey with $1.442 billion, Germany with $200 million, and Russia with $161 million.  LINK

New Decline In Gold In Iraq.. And Globally Records The Worst Week In 3 Years

Time: 2024/11/15  Reading: 520 times  New decline in gold in Iraq.. and globally records the worst week in 3 years Oe-rugperggg

  {Economic: Al Furat News} Gold prices in Iraq continued to decline today, Friday, along with its global decline.  The price of one mithqal in Baghdad of {21 carats} reached 545 thousand dinars after touching the 600 thousand dinars barrier in the past weeks.

Globally, gold prices declined in today's trading, Friday, with the rise of the dollar in global markets, heading towards recording the worst weekly performance in nearly 3 years.

By 11:10 Moscow time, December gold futures (Comex) fell by 0.10% to $2,569.70 per ounce.

Spot contracts for the precious metal fell by 0.07% to $2,563.10 per ounce, according to data from Bloomberg.  LINK

Al-Sahaf: Washington Continues To Support Terrorist Organizations In Iraq

Information / Baghdad..   The spokesman for the popular legal movement, Muhammad Al-Sahaf, confirmed today, Saturday, that the file of removing American forces from the country is still unresolved, indicating that this represents a danger to the political, security and economic conditions of the country.

Al-Sahaf said in a statement to Al-Maalouma Agency, "Iraq does not need American forces under the pretext of fighting the terrorist organization ISIS," noting that "the withdrawal of these forces must begin without any delay."

He added that "the withdrawal of these forces is a guarantee for the security and stability of all of Iraq," noting that "America continues its generous support for terrorist organizations in Iraq."

Al-Sahaf continued, "The file of withdrawing American forces from the country is still unresolved." End / 25 H   LINK

Seeds of Wisdom RV and Economic Updates Saturday Morning 11-16-24

Good Morning Dinar Recaps,

BRICS MEETING WITH SAUDI ARABIA: MAJOR DISCUSSION POINTS UNVEILED

Despite the ongoing confusion regarding the country’s position within the economic alliance, the BRICS bloc and Saudi Arabia have met, with major points of discussion being unveiled. The nation had previously accepted an invitation to be among its first expanded members. However, that proved not to be the case, with major leadership not even attending the alliance’s 2024 Summit.

However, the two sides are still reportedly engaged in positive talks. Specifically, they have met to confront the potential for growing cooperation on a global scale.

The move could have major ramifications for the coming year. Moreover, it could be a turning point that reestablishes Riyadh as a key BRICS ally.

Saudi Arabia & BRICS Hold Key Discussion: Here’s What Was Said
The BRICS bloc has grown massively over the last year. Indeed, it had enacted a groundbreaking expansion in 2023, where four nations joined the collective. Specifically, the United Arab Emirates (UAE), Egypt, Iran, and Ethiopia became the first expansion countries since 2001.

Yet, one nation that had accepted, but did not join the bloc was Saudi Arabia. Indeed, the country was poised to be one of the most important additions to the economic alliance. Its dominance in the oil sector was expected to only strengthen the group’s position. However, the country would end up rejecting a full position within the bloc.

That hasn’t stopped the two sides from engaging in efforts to strengthen their relations. Indeed, BRICS has met with Saudi Arabia in recent discussions that sought to fortify their relationship. Specifically, reports how Russian President Vladimir Putin and the Crown Prince of Saudi Arabia, Mohammad bin Salman Al Saud, recently talked.

According to reports, the two sides discussed the success of the bloc’s 2024 Summit. Moreover, they affirmed the “importance of continued coordination between the two states” within economic collaborations. Finally, they both spoke highly of the ongoing trajectory of their nation’s partnerships.

However, they also highlighted the importance of their “readiness to further strengthen cooperation in political, trade, economic, and humanitarian spheres.” The bloc has recently shifted its focus amid an ever-changing geopolitical landscape.

With Donald Trump’s election taking place this month, the group has said they will no longer ditch the US dollar. Perhaps the absence of Western opposition makes continued partnership with Saudi Arabia more appealing to the Middle Eastern powerhouse.

@ Newshounds News™

Source:  Watcher Guru

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UK GOVERNMENT CONFIRMS DIGITAL GILTS PILOT. WHAT’S THE ROADMAP?

The UK’s HM Treasury has confirmed plans to run a pilot for the issuance of digital gilts, UK government bonds, following leaked news earlier this week. The previous Conservative government had also planned to organize a pilot.

t’s seen as an important step for UK capital markets, particularly as the UK has launched a Digital Securities Sandbox for DLT and tokenization pilots.

The UK could benefit more than other jurisdictions. One of the killer apps for blockchain in capital markets is repurchase agreements or repos, which involve exchanging cash for gilts. This allows banks and institutions to either lend excess liquidity or borrow it if they are short.

Conventional repos involve delayed securities settlement, which means repo duration is typically overnight. By contrast, blockchain supports instant settlement enabling intraday repo. The ability to manage liquidity for hours at a time is very attractive to banks and other institutions.

Intraday repo is already happening by tokenizing existing Treasuries in the United States. A native digital gilt would make the process far easier.

On top of that, the UK has Fnality, a tokenized cash settlement network backed by an omnibus account at the Bank of England. Fnality is backed by more than 20 institutions.

Hence, with a digital gilt, the UK will have both a digital security and cash on chain.

With the previous government floating the idea, industry trade body UK Finance collaborated with EY to draft a digital gilt roadmap. It submitted it to the government in April, but published it today.

A digital gilt roadmap
It suggests two alternative approaches, one is more evolutionary whereas the other is a Big Bang path.

In the multi-staged approach it suggests issuing a short dated digital Treasury bill within the first six months with only a limited number of market participants.

In the second phase within the first year, a medium term digital gilt would have more functionality. For example, it would involve more market makers and a wider group of investors.

Most importantly, it would be integrated with the existing off-chain secondary market, with the gilts eligible as collateral for repo. These are essential steps to ensure liquidity.

The third phase within 18 months would involve another issuance with both the trading of gilts and repo performed on chain.

The Big Bang approach would essentially skip the first two steps and happen in a more compressed time frame. The UK Finance paper outlines the pros and cons of each path.

A major hurdle could be the legal and regulatory work needed to support digital gilts being used as collateral for repo and other purposes. Plus, there’s the need to maintain a sufficient level of liquidity.

Switzerland is one of the most advanced jurisdictions in this area. Its central bank considers using digital Treasury bills for money market operations as premature, given the immaturity of the DLT sector.

However, Switzerland was the first mover in launching a digital securities exchange, so progress unsurprisingly has been slow going. By contrast, there’s been strong interest and engagement in the ECB’s wholesale DLT settlement trials, with market participants hoping the trials won’t end.

UK Finance believes that with the digital gilt program “the UK can lay the groundwork for a robust and innovative digital capital market ecosystem, bolstering its position as a global leader in financial technology and digital finance.”

@ Newshounds News™

Source:  Ledger Insights

~~~~~~~~~

🌱MASSON CLASS 1) ID REQUIREMENTS FOR CRIMINAL TRESPASS SHERIFF HANDBOOK - ARE YOU FREE?  |  Youtube

Did you miss the Friday Night Constitutional Call last night.  You can catch it on our Youtube Channel.  Learn the steps to change your status to return your power and rights as a Citizen of the State.

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

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“Tidbits From TNT” Saturday Morning 11-16-2024

TNT:

Tishwash:  Al-Sudani and Al-Ameri: The census is an additional pillar for economic reform plans 

Prime Minister Mohammed Shia al-Sudani and Secretary-General of the Badr Organization Hadi al-Amiri confirmed on Friday that the success of the general census is an added pillar to the development and economic reform plans.

The Prime Minister's media office stated in a statement that "Al-Sudani met with Al-Amiri, where during the meeting they discussed all service and national files, and ways to proceed with implementing the government program, especially after completing the constitutional entitlement and choosing the Speaker of the House of Representatives."

He added that "the two sides discussed the upcoming entitlements, most notably the general population census and the importance of its success to be an added pillar to the development and economic reform plans, in addition to reviewing the regional and international situations, in light of the continued Zionist aggression on Palestine and Lebanon, and international efforts to stop the war and escalation."   link

Tishwash:  Urgent Parliament Presidency sets date for resuming sessions

The Parliament Presidency set, today, Friday, the date for resuming sessions next week after the completion of the population census operations in the country.

The media department of the House of Representatives stated in a statement received by {Euphrates News} that "the Presidency of the House of Representatives affirms its full support for conducting the general population and housing census 2024, and urges the representatives to direct and encourage citizens in their areas to cooperate with the field teams affiliated with the Ministry of Planning to accomplish their tasks with the aim of making the census operations that will be conducted on the 20th and 21st of this month a success." 

The statement confirmed, "Given the presence of representatives in their governorates and the importance of the census, it was decided to resume the sessions next week after the completion of the population census operations in the country."   link

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Tishwash:  PM's advisor: Government able to increase spending without inflation or fiscal deficit

The Prime Minister's Advisor for Financial Affairs, confirmed today, Saturday, that the good performance of the financial space is an indication of the government's ability to spend without problems, while he pointed out that the government was not hindered by the shortage in the regular flow of public revenue in some months.

Saleh told the Iraqi News Agency (INA), "The government's financial policy worked towards the principle of fiscal space in the economy, which means that the pace of growth in general and investment spending on projects in particular were not hampered by the temporary shortage in the regular flow of public revenue in some months."

He added, "Therefore, the good performance of the fiscal space indicates the government's ability to increase spending or social support to support the economy without causing serious financial problems such as inflation or a large deficit."

He continued, "This space is still available when the state's financial situation is good, and allows the government to take fiscal policies to stimulate economic growth, such as increasing spending on infrastructure or improving social services." link 

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

Tishwash:  Iranian newspaper: Iraq's development path is a step towards regional economic integration

 Iraqi media reported that Iraq has made its first commercial ship docking at the port of Faw. This project aims to develop Iraq and reduce the country's dependence on crude oil, and will be fully operational by 2050 in three phases. Upon completion of this project, a route will start from the port of Faw and end in Turkey and from there to Europe via land routes in various Iraqi governorates.

The Donya-e Eqtesad newspaper said in a report that this corridor increases the strategic importance of Iraq as a neighboring country to Iran and creates competition between the Iranian North-South Corridor and the Iraqi Development Road Project. As an alternative to traditional transportation routes, the Iraqi Development Road Project connects the Gulf countries to Turkey with the aim of creating a cross-border transportation network for Iraq.

Road development project

The basis of this project is linked to the Faw Port Project. This is one of the important projects implemented by the Iraqi government to improve the country’s infrastructure and boost economic development. The port project, which is located in southern Iraq and adjacent to the Gulf countries, and serves as a vital channel linking the Gulf to the Mediterranean Sea, is expected to require an investment of $1.2 billion.

Overall, the project includes the construction of a new port capable of receiving large ships, complete logistics facilities and related infrastructure. The annual capacity of this port is also expected to reach 12 million tons. After the completion of its final stages, the goal of the Faw Port Project is to improve the transportation capabilities of Iraqi ports, reduce logistics costs, and further promote economic development in Iraq and economic exchanges and cooperation with neighboring countries such as Turkey.

Challenges of Faw Port Project

The Faw Port project requires an investment of $1.2 billion, which poses a major financial challenge. Therefore, it is very important to ensure that the project progresses after addressing the financing issue.

On the one hand, the Iraqi government can seek assistance from international financial institutions such as the World Bank and the Development Bank for low-interest loans or grants. The UAE and Qatar are also expected to provide strong financial support for this project. Other financing options can be pursued including loans from European banks and Turkish investment in this project.

Given the location of this project in a sensitive and strategic region in the Middle East, geopolitical risks are a concern for its project sponsors. Ensuring regional peace and stability is of paramount importance during the project implementation stages. It is necessary to strengthen communication and coordination with regional countries to maintain common peace and stability, and to fully take into account the interests and concerns of neighboring countries in the project implementation to minimize the impact of the project on the political landscape in the region.

The Faw-Iraq-Turkey Port Corridor will not only strengthen Iraq’s relations with Turkey, but will also deepen its engagement with the entire region. The project will play a role in enhancing the close economic and political cooperation between Iraq and Turkey by creating a vital bridge between the two countries.

In addition, the corridor is expected to be integrated into broader regional initiatives, such as the Belt and Road Initiative, thus increasing Iraq’s geopolitical importance. As a participant in the Belt and Road Initiative, Iraq will benefit from closer ties with China, infrastructure development, and investment opportunities. This not only makes Iraq’s economic prospects more clear, but also increases its diplomatic standing on the international stage.

Turkey has played a key role in transporting energy resources from the Caucasus and Russia to energy-hungry European markets. Now, this new highway is a transit point for energy shipments from the Gulf to Europe, which Iraq connects by land. Iraq will thus provide a low-cost route not only for Iraqi oil and gas, but also for Iranian and Qatari oil and gas.

Regional stability

In light of the above, it is clear that the Faw-Iraq-Turkey Port Project is of great importance for promoting regional integration, economic growth and geopolitical stability in Iraq. This means that the construction of this corridor not only creates an important link between Iraq and Turkey, but also brings many benefits and opportunities to the entire region.

Moreover, this is not only an important step towards regional economic integration and development, but also helps to promote peace and stability in the region. This project makes an important contribution to the sustainable development of the region by enhancing trade links, strengthening bilateral relations, and promoting prosperity and development in the wider region.

However, although  the Al-Faw-Iraq-Turkey port project is expected to play  a positive role in regional connectivity and economic development, this corridor is a competitor to Iranian trade routes, especially the North-South corridor, because this project could open an alternative route for the Russians to the Gulf countries, and reduce Iran's strategic importance in the region. link

Mot: ... Sooooooo Frustrating -- Maybe Tomorrow!!!! 

Mot: .... iiiiiiiiFFFFFFF -- Ur Happy and UUUUUUUUUUU 

MilitiaMan & Crew -News Report-Iraq Dinar-Oil-Flow-Global Maritime Trade-Cross Border Transfer-Exports-Port of FAW

MilitiaMan & Crew -News Report-Iraq Dinar-Oil-Flow-Global Maritime Trade-Cross Border Transfer-Exports-Port of FAW

11-15-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=RUizTf5gXSE

FRANK26….11-15-24……SUDANI TALKS

KTFA

Friday Night Conference Call

FRANK26….11-15-24……SUDANI TALKS

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

Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.  

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

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

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE

https://www.youtube.com/watch?v=zJaEiX39rMA

More News, Rumors and Opinions Friday PM 11-15-2024

KTFA:

Clare: Rafidain Bank announces a plan to include other branches in the implementation of the comprehensive banking system

11/15/2024

Baghdad / NINA / Rafidain Bank announced today, Friday, a plan to include other branches in the application of the comprehensive banking system.

The bank stated in a statement: "The continuous expansion in the application of the comprehensive banking system will include more branches in the future within a well-thought-out plan aimed at providing a modern banking experience that contributes to supporting the national economy and meeting the needs of society with distinguished and comprehensive banking services."  LINK

Clare:  With the participation of the Kurdistan Region.. An imminent forum in Rome to enhance cooperation between Iraq and Italy

11/15/2024

The Italian website "Nova News" reported that an Iraqi-Italian cooperation forum will be held on November 27 in the capital Rome, with the participation of the Kurdistan Region, with the aim of facilitating cooperation between companies and institutions of the two countries in the fields of agricultural food, energy, environment, infrastructure, construction, medicine and pharmaceuticals.

The report, translated by Shafaq News Agency, explained that the "Iraqi Business and Cooperation Forum" will be held in Rome in cooperation with "Confindustria", an association of Italian industries, and organized by the "Italian Investment and Technology Promotion Office of the United Nations Industrial Development Organization."

The report indicated that the aim of the forum is to "facilitate partnerships and commercial cooperation between Iraqi and Italian stakeholders from institutions, business associations and the private sector in the fields of agri-food, energy, environment, infrastructure, construction, medicine, pharmaceuticals and others."

The report pointed out that the forum will open with interventions by high-level representatives, including from the Italian Ministry of Foreign Affairs and International Cooperation, and the Italian Agency for Development Cooperation.

On the Iraqi side, the report stated that there will be representatives from the Ministries of Industry and Minerals, Trade, the Iraqi Federation of Industries, the Federation of Iraqi Chambers of Commerce, the National Investment Commission, the Kurdistan Region Investment Commission, and the Industrial Cities Authority.

UNIDO Project Development Centres will also be present, providing their expertise and knowledge, and contributing to the strategic discussions and resulting developments.

According to the report, the forum will facilitate direct interaction between participating Italian companies and their Iraqi counterparts.

The report pointed out that the organization of the forum falls within the framework of the "Investment Promotion in Iraq - Phase II" project funded by the Italian Agency for Development Cooperation. LINK

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

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:
Saleh on TV talking about the US Treasury supporting the mechanism for Iraq...and how the USA has support for all of Iraq's mechanisms.  FRANK:  The US Treasury is supporting monetary reform 100%.  They want a new exchange rate.  They want Iraqi citizens to have their lower notes as promised to them.  That is the only mechanism of any importance with the US Treasury and the CBI right now...

Militia Man  What are they doing?  They're focusing in on non-oil revenues.  That's important because 90%-95% used to be all oil...Alaq is talking about getting to $40 a barrel...By going to non-oil revenue streams, by opening up the private sector...the transformation of the country is phenomenal.  It's not going to stop.  We have the evidence of that...

(We Have A Problem)... CENTRAL BANKS CONTINUE TO HYPER-BALLOON THE GLOBAL "MONEY" SUPPLY.

Greg Mannarino:  11-15-2024

https://www.youtube.com/watch?v=r1m26Ib_2U8

This Debt Crisis Will Change EVERYTHING warns Francis Hunt from Market Sniper

ITM Trading:  11-15-2024

The debt crisis is here, and it’s changing everything. Banks are hiding massive losses, housing affordability is collapsing, and confidence in the U.S. economy is crumbling.

In this video, Francis Hunt reveals why the debt-based system is unsustainable and how gold could be the ultimate safe haven during this financial storm.

https://www.youtube.com/watch?v=DguQqzRu6nk