World's Largest Gold Deposit Found, Worth Over Us$80 Billion
World's Largest Gold Deposit Found, Worth Over Us$80 Billion
Mike McRae Thu, November 28, 2024
A deposit of high-quality gold ore containing around 1,000 metric tons (1,100 US tons) of the precious metal has been discovered in central China, according to Chinese state media.
Valued at approximately 600 billion yuan or US$83 billion, the discovery could be considered the largest and most lucrative reservoir of gold ever uncovered, surpassing the 900 metric tons estimated to lie within the mother of all gold reserves, South Deep mine in South Africa.
World's Largest Gold Deposit Found, Worth Over Us$80 Billion
Mike McRae Thu, November 28, 2024
A deposit of high-quality gold ore containing around 1,000 metric tons (1,100 US tons) of the precious metal has been discovered in central China, according to Chinese state media.
Valued at approximately 600 billion yuan or US$83 billion, the discovery could be considered the largest and most lucrative reservoir of gold ever uncovered, surpassing the 900 metric tons estimated to lie within the mother of all gold reserves, South Deep mine in South Africa.
This photo taken on 20 November 2024 shows drilled rock samples from the Wangu gold field in Pingjiang County, central China's Hunan Province. (Xinhua/Dai Bin)
The Geological Bureau of Hunan Province announced the detection of 40 gold veins within a depth of 2 kilometers (1.2 miles) in the northeast Hunan county of Pingjiang.
These alone were thought to contain 300 metric tons of gold, with 3D modeling suggesting additional reserves may be found to a depth of 3 kilometers.
"Many drilled rock cores showed visible gold," says bureau prospector Chen Rulin.
Core samples suggest every metric ton of ore could contain as much as 138 grams (nearly 5 ounces) of gold – an extraordinary level of quality considering ore excavated from underground mines is considered high grade if it contains more than 8 grams.
China already dominates the world's gold market with reserves considered to be in excess of 2,000 tons earlier in 2024, its mining industry contributing around 10 percent of the global output.
TO READ MORE: https://www.yahoo.com/news/worlds-largest-gold-deposit-found-012530485.html
“Bits and Pieces” In Dinarland Friday AM 11-29-2024
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 Fri. 29 Nov. 2024
Compiled Fri. 29 Nov. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Thurs. 28 Nov. 2024 Wolverine: “I’m under an NDA so can’t say much, but we are going to have a wonderful Christmas. Check your emails at hourly.”
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 Fri. 29 Nov. 2024
Compiled Fri. 29 Nov. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Thurs. 28 Nov. 2024 Wolverine: “I’m under an NDA so can’t say much, but we are going to have a wonderful Christmas. Check your emails at hourly.”
Thurs. 28 Nov. 2024 TNT Call:
We got a call from the committee guy. He said the IMF and UN just had a meeting and I was told to call and tell you the currencies that have been green lighted to go are the Iraqi Dinar, Zim, Venezuela Bolivar, Dong and Zimbabwe Zim.
The rest of the 4-5 countries currencies are being renegotiated.
Janet Yellen is gone. She resigned this past Sun. morning.
They are all afraid of the new administration.
They are supposed to vote on Friday in Parliament.
They were told it’s imminent. Be ready. No time set. They are on call right now.
Dinar $4.21, VND $2.47, Bolivar $.83, Zim $.30
A guy said a bank memo said to get your people ready for Friday after 2 pm, or the weekend.
So enjoy your holiday and get ready at a moment’s notice to get to the banks.
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Thurs. 28 Nov. 2024 Jon Dowling: “Wells Fargo is ready to go with the QFS and the US Debt Clock is Gold! 62,000 wealth managers nationwide ready to go! Get your affairs in order. Early Christmas thus year! Iraq finishing all the important laws this week.”
Thurs. 28 Nov. 2024: Russia and Iran have completely abandoned the US dollar in bilateral trade, shifting entirely to national currencies. “We have entered into a currency agreement with Russia and abandoned the dollar. Now we only trade in rubles and rials.”
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Judy Note:
The Global Economic Security and Reformation Act (GESARA) is dismantling the power structures that have enslaved humanity for centuries. With the full deployment of military operations and the quantum infrastructure of the Quantum Financial System (QFS), the Cabal’s grip on wealth and power is crumbling daily.
Possible Timing: Wed. 7 Nov. 2024: GESARA: The Largest Wealth Transfer in History – Secret Military Operations, Strikes, and Redemption Centers That Have Already Changed the World – Gazetteller
As of November 27, 2024, the world finds itself amid the greatest shift in modern history. The Global Economic Security and Reformation Act (GESARA) is no longer a whisper among the informed; it is a seismic wave dismantling the power structures that have enslaved humanity for centuries.
With the full deployment of military operations and the quantum infrastructure of the Quantum Financial System (QFS), the Cabal’s grip on wealth and power is crumbling daily.
GESARA’s Historic Wealth Transfer: November Updates November 15–20, 2024: The Foundation is Laid
Asset Seizures Intensify: Global military coalitions launched synchronized raids in Switzerland, Singapore, and the Caribbean, seizing over $12 trillion in hidden accounts. These funds, tied to human trafficking rings and illigal arms trades, are being funneled into GESARA projects, including debt forgiveness, infrastructure rebuilding, and clean energy programs.
Silent Wealth Disbursements Begin: In Brazil, India, and parts of Africa, locals began reporting sudden cancellations of long-standing debts without explanation. By November 20, an estimated 2.7 million individuals in these regions had their financial burdens lifted, a direct result of GESARA’s redistribution process.
Read full post here: https://dinarchronicles.com/2024/11/29/restored-republic-via-a-gcr-update-as-of-november-29-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat ...The news from Iraq is all still very good. There is so much progress. The BIG event of course, will be the ending of the current currency auction process and use of the new system already to implement. The CBI has told us that nearly 95% of the current payments needed for imports is covered by the four (4) correspondent banks for this purpose... remember that the clock is ticking and other outside banking relationships must take place but will most probably never take place unless the IQD is valuable again and most importantly on these terms it must also be reinstated back on FOREX for investors to “legally” use this currency in their portfolios of investments for their clients. This is the key. Yes, this is really just where we are right now...
Militia Man They're talking about "financial risks". They weren't talking in that way when they were moving forward into an international world with the 1310. They're talking about preparedness for a change...They're focusing in on their banking sector. Article quote "These days there's growing interest in the banking sector in general both government and private sectors..." The banking sector is looking to be in good shape for this new stage. That's what they're presenting...
Vietnam Dong Exchange Rate Economic Forecast Foreign Investors
Edu Matrix: 11-29-2024
Vietnam Dong Exchange Rate Economic Forecast #vnd Foreign investors are showing strong interest in southern Vietnam, focusing on cities like Dong Nai, Binh Duong, HCM City, and Long An.
The video shares the USD / VND Exchange Rate and explains why the VND keeps fluctuating against the US dollar.
High levels of foreign investments will decrease Vietnam's unemployment rate, which could quickly help the VND value increase—the video shares major foreign investments in Southern Vietnam in the coming year.
“Tidbits From TNT” Friday Morning 11-29-2024
TNT:
Tishwash: they do this every year this is not a sign the RV is happening although it would be a great time for it
Rafidain Bank announces suspension of credit activity in the middle of next month
For annual application purposes
Rafidain Bank announced today, Friday, the suspension of credit activity as of December 15th for the purposes of annual implementation.
Rafidain Bank announces the suspension of credit activity as of December 15th for annual implementation purposes.
TNT:
Tishwash: they do this every year this is not a sign the RV is happening although it would be a great time for it
Rafidain Bank announces suspension of credit activity in the middle of next month
For annual application purposes
Rafidain Bank announced today, Friday, the suspension of credit activity as of December 15th for the purposes of annual implementation.
Rafidain Bank announces the suspension of credit activity as of December 15th for annual implementation purposes.
The bank confirms that due to the approaching end of the fiscal year and for the purposes of the annual application and to make room for the liquidation of the suspended assets, preparing the annual statistics and inventory, and organizing the budgets, all types of credit activity will be suspended on 12/15/2024, and loan applications and other banking services will not be promoted.
The bank directed its branches in Baghdad and the governorates to complete all completed transaction requests that have advanced procedures before the above date. The bank added that work on promoting loans will resume early next year. link
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Tishwash: How does the United Nations view the steps of the Sudanese government in the economic file?
The United Nations praised the exceptional steps achieved by the government of Prime Minister Mohammed Shia al-Sudani in the areas of diversifying sources of income and the economy, and achieving food security, pledging to continue its support (the Iraqi government) in its efforts to achieve development and economic sustainability for Iraq.
The confirmations of the highest international organization in the world came from the Assistant Secretary-General of the United Nations and Regional Director for Arab States, Abdullah Al-Dardari, who said in an interview with the official newspaper, “The Iraqi government has begun to take rapid steps to diversify sources of income, especially since the government realizes that reliance on oil can not only end within a certain period, but that advanced technology is what must create valuable job opportunities for Iraqi youth who yearn for initiative, creativity and invention. Therefore, the Iraqi government has allocated funding resources in this direction, such as the Central Bank’s funding plan of (700) million dollars for activities related to environmental efficiency, renewable energy and energy efficiency.”
He pointed out that “the United Nations is ready to provide technical support to ensure the best for this credit line,” noting that “the United Nations helped prepare a local strategy for Iraqi medium and small companies and financing mechanisms for these companies and their right to access all available sources of financing, and to develop banking work so that it becomes focused on financing productive projects, and there is a great effort that we are making with the Iraqi government in this direction.”
The UN official confirmed that “Iraq has achieved a major accomplishment in the non-oil sector, after achieving an abundant wheat crop exceeding (6) million tons. This accomplishment was achieved under difficult climatic conditions and with a large government investment of about (500) million dollars through the use of drip irrigation mechanisms, providing support to farmers, purchasing at a price higher than the market price, and granting soft loans,” indicating that “this is evidence that government policies and government funding can encourage the private sector to produce, increase food security in Iraq, and reduce dependence on imports, which saves about (4) billion dollars from wheat imports annually, which is a very large amount,” considering “this a major accomplishment for the Iraqi government.”
He added, "The United Nations is ready to cooperate with Iraq to develop food security and agricultural production systems." link
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Tishwash: Details of the Kurdistan delegation's meeting with the Ministry of Oil.. Agreement on 3 points
Member of the Parliamentary Oil and Gas Committee, Sabah Subhi Haider, revealed details of the meeting that brought together the Undersecretary of the Iraqi Ministry of Oil, Ali Maaraj, with the representative of the Kurdistan Region in Baghdad, Faris Issa, and a number of members of parliament.
Today, Thursday, the Undersecretary of the Ministry of Oil for Distribution Affairs, Ali Maaraj, received the Head of the Kurdistan Region Representation Office, Faris Issa, and a number of members of the Council of Representatives attended the meeting.
Member of the Parliamentary Oil and Gas Committee, Sabah Subhi Haider, who was one of those present, said: “We visited the Ministry of Oil with Faris Issa, Minister of the Kurdistan Region Representation Office, and the Directors General of the Ministry of Natural Resources, and three main topics were discussed in the meeting.”
According to the MP, the attendees discussed the issue of “distributing kerosene to the Kurdistan Region, allocating a quantity of regular gasoline to the region, and calculating the standard liter volume of oil shipped to the region.”
Haidar confirmed that "the following results were reached during the meeting: 1- Immediately launching the region's share of kerosene, which is 50 million liters, 2- Anticipating the improvement of gasoline quantities in the central and southern governorates in order to determine a share for the region, 3- Reviewing the issue of the standard liter and the normal volume of oil sent to the region in the ministry until the problem is resolved."
According to the parliamentarian, the meeting this time focused on the issue of sending fuel to the region, and did not address the issue of resuming oil exports from Kurdistan, which is scheduled to begin early next year according to official statements. link
Mot.... Dinner was Great - Lets Watch the Game Now!!!!
Mot: . Here We Go Again!!!! – siiggghhhhhhhhhh
Happy Thanksgiving from Dinar Recaps
Happy Thanksgiving from Dinar Recaps
Note: we will not be doing a 10pm ET email Newsletter today, Thursday.
Our 6pm Newsletter will likely be sent between 6-7pm (ET).
Please check our BLOG PAGE throughout the day for any new posts.
All of the Dinar Recaps Team Wish You and Your Family a Happy and Safe Thanksgiving
Happy Thanksgiving from Dinar Recaps
Note: we will not be doing a 10pm ET email Newsletter today, Thursday.
Our 6pm Newsletter will likely be sent between 6-7pm (ET).
Please check our BLOG PAGE throughout the day for any new posts.
All of the Dinar Recaps Team Wish You and Your Family a Happy and Safe Thanksgiving
More News, Rumors and Opinions Thursday PM 11-28-2024
TNT:
Tishwash: Al-Tawki: Agreement on the region’s dues paves the way for broader understandings on the oil and gas law
Member of the Parliamentary Oil and Gas Committee, Kazem Al-Tawki, revealed an agreement that paves the way for broader understandings regarding the oil and gas law.
Al-Tawki told {Euphrates News} that: “The recent agreement with the Kurdistan region is considered a good initiative because the point of contention in the law was the issue of dues and the costs of extracting the region’s oil.”
He added, “It set a high ceiling for financial costs estimated at $22 to extract one barrel, although the costs of extracting oil in the south and the central government contracts do not exceed $12 as the highest cost.”
TNT:
Tishwash: Al-Tawki: Agreement on the region’s dues paves the way for broader understandings on the oil and gas law
Member of the Parliamentary Oil and Gas Committee, Kazem Al-Tawki, revealed an agreement that paves the way for broader understandings regarding the oil and gas law.
Al-Tawki told {Euphrates News} that: “The recent agreement with the Kurdistan region is considered a good initiative because the point of contention in the law was the issue of dues and the costs of extracting the region’s oil.”
He added, “It set a high ceiling for financial costs estimated at $22 to extract one barrel, although the costs of extracting oil in the south and the central government contracts do not exceed $12 as the highest cost.”
Al-Tawki expected that this agreement would lead to broader understandings regarding the oil and gas law. link
Ariel: Trump makes it real plain in this video
Donald Trump makes it real plain in this video. The goal is for currency like the Iraqi Dinar to reach parity with USD.
Iranian Rial
Vietnamese Dong
Zimbabwe Notes
Etc.
Level playing field. But in the process makes yourself very financially well off.
Nathan Weldon @WeldonNath21356
Watch Currency holders! IQD and VND X Link
https://dinarchronicles.com/2024/11/28/ariel-prolotario1-trump-makes-it-real-plain-in-this-video/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat In the study of the recent Iraqi census taking...you can clearly see the recent census was a national census taken with the help of the United Nations (UN). The UN every so many decades takes a global census to determine the world’s population and demographics. Iraq is also going to use this census as part of the Article 140 distribution of the Kurdistan monthly payments of oil revenues to the region from the GOI. It will also help resolve part of the Oil and Gas law...Note, I did not say excess oil revenues or oil wealth distribution...This census taking has VERY LITTLE to do with the HCL individual Oil revenue sharing/distribution... [Post 1 of 2]
Mnt Goat So, now since the census is taken, the GOI can legally compensate and prove why they are compensating the amounts to the Kurds. This is really WOW! news for us today...you can see how this census results would also be useful in rebuilding the Iraqi economy besides Article 140 and HCl disputes. It was way overdue. This is yet another sign to us investors that Iraq is now serious about moving ahead.[Post 2 of 2]
The REAL Value Of The Dollar (They Don't Want You To Know)
Lynette Zang: 11-28-2024
Today's video is answering the question of what the REAL value of the dollar is and why your purchasing power feels less and less everyday
FREEDOM ALERT! Texas Congressman Proposing Gold Backed Crypto for TEXAS! CAN IT WORK?!
(Bix Weir) 11-22-2024
Cody Harris, a Republican Party member of the Texas State House of Representatives, is proposing a State Currency for Texas consisting of physical gold backing a crypto currency. Of course the problem is 3rd party custody BUT it's a Start!
Iraq Economic News and Points to Ponder Thursday Afternoon 11-28-24
Al-Sudani: We Have Contact With Trump's Team And They Want To Develop Relations With Us
Thursday 28 November 2024 11:08 | PoliticsNumber of readings: 358
Baghdad / NINA / Prime Minister Mohammed Shia al-Sudani stressed: "Iraq's relations with the United States are institutional according to the strategic framework agreement."
Al-Sudani said in an interview with the Spanish newspaper El Mundo: "We have communication with Trump's team and they want to develop relations with us."
Al-Sudani: We Have Contact With Trump's Team And They Want To Develop Relations With Us
Thursday 28 November 2024 11:08 | PoliticsNumber of readings: 358
Baghdad / NINA / Prime Minister Mohammed Shia al-Sudani stressed: "Iraq's relations with the United States are institutional according to the strategic framework agreement."
Al-Sudani said in an interview with the Spanish newspaper El Mundo: "We have communication with Trump's team and they want to develop relations with us."
Regarding Iraq's relations with Spain, he explained: "We are facing a distinguished stage in relations with Spain and there is a mutual desire to develop and advance them in all fields," adding: "Spain is part of the international coalition that helped us eliminate the terrorist ISIS, and based on our request, the mission of the international coalition will end within two years due to the lack of justification for its existence."
He said: "There are Spanish companies in Iraq, especially in the railway and transportation sector, and we are keen to have more companies for their efficiency and experience in implementing projects. We will sign several memoranda of understanding with Spain and there is a financial ceiling of 200 million euros to one billion euros to cover projects implemented by the Iraqi and Spanish private sectors."
He pointed out that a railway project worth 250 million dollars was referred to a Spanish company, and negotiations are underway with another Spanish company on a high-speed train project between the governorates of Najaf and Karbala.
Regarding the situation in Iraq, Al-Sudani said: "The capabilities of our security services have reached an advanced stage and there is political stability that has been reflected in the general situation of the country."
Regarding the ceasefire in Lebanon, the Prime Minister described the agreement as an important event, expressing his hope that it will include the Gaza Strip to reflect on the stability of the region.
He continued: "Our laws stipulate non-recognition of the Zionist entity, and the Palestinians are the owners of the land and the cause, and they are the ones who decide the formula for the solution to their cause." / End 2 https://ninanews.com/Website/News/Details?Key=1171569
Gold Falls On Dollar Strength
Thursday 28 November 2024 08:49 | Economic Number of readings: 214 Baghdad / NINA / Gold prices fell on Thursday, pressured by the rise of the dollar, amid anticipation of economic data indicating that the Federal Reserve (the US central bank) may follow a more cautious approach to interest rate cuts.
Spot gold fell 0.3 percent to $ 2627.60 per ounce, and US gold futures fell 0.5 percent to $ 2627.00.
The dollar index rose 0.1 percent, reducing the attractiveness of gold for holders of other currencies.
As for other precious metals, silver fell about one percent to $ 29.78 per ounce, platinum 0.1 percent to $ 928.05, while palladium stabilized at $ 972.75. https://ninanews.com/Website/News/Details?key=1171543
Oil Falls After US Gasoline Stocks Rise
Energy Economy News – Baghdad Oil prices fell slightly in Asian trading on Thursday after a surprise jump in U.S. gasoline stocks ahead of the Thanksgiving holiday raised concerns about demand in the world's biggest fuel consumer.
Brent crude futures were down 4 cents, or 0.1 percent, at $72.79 a barrel by 02:20 GMT, while U.S. West Texas Intermediate (WTI) crude futures were down 1 cent at $68.71 a barrel.
Trading is expected to be light due to a holiday in the United States.
The U.S. Energy Information Administration said Wednesday that gasoline stocks in the country rose by 3.3 million barrels in the week ending Nov. 22, contrary to expectations for a slight draw in fuel stocks ahead of the holiday season.
Oil analysts had expected U.S. gasoline stocks to fall by 46,000 barrels last week, according to a Reuters poll ahead of the EIA report.
OPEC+ members are discussing a further delay to a planned oil output increase that was due to start in January, two sources from the producer group told Reuters on Tuesday. The group is due to meet on Sunday to decide policy for the first months of 2025. https://economy-news.net/content.php?id=50314
Government Communication: All Institutions Are Required To Introduce Electronic Payment By July 2025
Electronic payment device at gas stations Money and business Economy News – Baghdad The Government Communication Team confirmed on Thursday that the number of institutions using electronic payment has increased to 780 and the number of payment cards has increased to 20 million, noting that the government’s plan stresses the obligation of all institutions to introduce electronic payment by July 2025.
The head of the government communication team, Ammar Munim, said in a statement reported by the official news agency, and seen by "Al-Eqtisad News", that "there are about 780 institutions that have been converted to electronic payment, and the number of electronic cards has increased from 14 million cards to 20 million cards, in addition to the amounts that were traded during the campaign reaching one and a half trillion dinars."
He added, "We have a set of measures that have allowed for an increase in the number of electronic cards and the number of ATMs, and the conversion of institutions to electronic payment. The culture among citizens has been strengthened to use cards to transfer their money inside and outside Iraq electronically without any difficulty."
He added, "The national campaign to support the electronic payment process encouraged citizens through simplified procedures from the government, and it is an educational campaign."
He stressed that "the government has taken important measures through which it has directed all institutions to develop a plan to move to electronic payment by the end of this year and for all institutions to enter the electronic payment process by the beginning of July of next year 2025." 58 views Added 11/28/2024 - 5:53 PM https://economy-news.net/content.php?id=50346
Central Bank Sales Rise To More Than $288 Million In Currency Auction Today
Thursday 28 November 2024 14:54 | Economic Number of readings: 104
Baghdad / NINA / The Central Bank of Iraq's dollar sales increased to more than $ 288 million in the currency auction, compared to yesterday, Wednesday.
The bank sold $ 288 million, 258 thousand and 12 in its auction today, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, and at a rate of 1310 dinars per dollar for foreign transfers, and at a rate of 1305 dinars per dollar in cash.
Most of the dollar sales went to strengthen balances abroad in the form of transfers and credits, which amounted to $ 275 million, 158 thousand and 12, up 95% from cash sales of $ 13 million and 100 thousand.
The number of banks that purchased cash dollars was one bank, while the number of banks that met requests to enhance balances abroad was 11 banks, and the total number of exchange companies participating in the auction was 15 companies. https://ninanews.com/Website/News/Details?key=1171609
Sudanese Advisor: The Government Has Taken Decisions That Grant Privileges To Investors
Political | 03:51 - 11/28/2024 Mawazine News - Baghdad - The Prime Minister's Advisor for Industry and Private Sector Development, Hamoudi Al-Lami, announced that the government has taken decisions to grant privileges to investors, while indicating that the facilities include granting tax exemptions.
Al-Lami said in a speech at the Greek-Arab Economic Forum in Athens, that "Iraq, after the formation of the current government two years ago headed by Prime Minister Mohammed Shia Al-Sudani, had one of its priorities to support the industrial sector, and the government has begun to implement this promise it made," noting that "the government has taken decisions, including activating Investment Law No. 13 of 2006, and additional amendments were made to it to grant more privileges to investors."
He explained that "the government has taken decisions, including forming committees to grant incentives and privileges to investors and guarantees for investment," noting that "foreign investors have the right to lease industrial lands for a period of 50 years, renewable."
Al-Lami explained that "Iraq has great opportunities for investment, especially after the security stability, and the Arab brothers played a major role in activating various sectors in Iraq and they are now spread across all Iraqi governorates," stressing that "Iraq is now witnessing a renaissance in activating sectors, and there are investment opportunities that were presented two months ago and will be followed by other opportunities that will be announced soon."
He continued: "Iraq has a great wealth of minerals that exceeds its importance, oil, as oil is now suffering from some disturbances due to the political situation, the issue of the environment and carbon emissions," explaining that "Iraq has begun to invest in the great wealth of minerals as it has 10 billion tons of phosphate rocks that are used in the phosphate and phosphate fertilizer industry, which has become a great need due to the increasing demand for food that requires agriculture, which in turn needs fertilizers."
He added that "any production of the phosphate industry is accompanied by uranium production, and the investor can use the uranium to produce energy or sell it to power plants," noting that "the National Investment Law started with simple and specific investments in the construction sector and has now shifted to investing in the industrial sectors (chemical and petrochemical)."
Al-Lami stated that "the investor obtains full tax exemptions for importing production line equipment and raw materials." https://www.mawazin.net/Details.aspx?jimare=256998
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Over Half Of US States Are Bleeding Cash And Going Broke
Over Half Of US States Are Bleeding Cash And Going Broke, Researchers Say — Here's Why And What It Means For You
Christy Bieber Thu, November 28, 2024 Moneywise
Across the country, states aren't doing very well with their budgets. In fact, 27 U.S. states didn't have the money to pay their bills as of the end of fiscal year 2023, according to nonpartisan think tank Truth in Accounting. Connecticut, New Jersey, Illinois and Massachusetts faced the biggest shortfalls per taxpayer.
"There are certainly tremendous challenges going forward," Oliver Giesecke, a research fellow at the Hoover Institution at Stanford University, told CNBC in a report published Nov. 4.
Over Half Of US States Are Bleeding Cash And Going Broke, Researchers Say — Here's Why And What It Means For You
Christy Bieber Thu, November 28, 2024 Moneywise
Across the country, states aren't doing very well with their budgets. In fact, 27 U.S. states didn't have the money to pay their bills as of the end of fiscal year 2023, according to nonpartisan think tank Truth in Accounting. Connecticut, New Jersey, Illinois and Massachusetts faced the biggest shortfalls per taxpayer.
"There are certainly tremendous challenges going forward," Oliver Giesecke, a research fellow at the Hoover Institution at Stanford University, told CNBC in a report published Nov. 4.
There are several reasons why states might be struggling, but what it means for citizens is there's a very real risk of tax hikes and cuts to public services and benefits programs.
Here's what you need to know about the financial trouble states are finding themselves in — along with how this could impact you.
Federal Aid
Some states suffer from budgeting problems that were previously masked by federal assistance during the COVID-19 pandemic, according to The Pew Charitable Trusts.
During the pandemic, the federal government significantly stepped up the money it was giving to states, totaling $800-plus billion, per the organization. This made it affordable for states to cut taxes and increase spending for a time.
"What we're seeing is largely a return to Earth from those pandemic surpluses," Justin Theal, a senior officer with The Pew Charitable Trusts, told CNBC. "A huge looming question out there is around the long-term affordability of the tax cuts and spending increases that were enacted."
The federal funds will dry up in 2026, according to the broadcaster, as much of the country is being hit by a cost-of-living crisis. Some state leaders are considering tax relief for this reason, which means some government programs could face big cuts.
State Pensions
The largest contributor to state debt at the end of fiscal year 2023 was unfunded retirement liabilities, Truth in Accounting reports. Around 86% of state and local government workers had access to a pension plan as of March 2022, according to the Bureau of Labor Statistics.
TO READ MORE: https://www.yahoo.com/finance/news/over-half-us-states-bleeding-114400264.html
“Tidbits From TNT” 11-28-2024
TNT:
Tishwash: Trade Bank of Iraq launches first experimental Visa card
The Trade Bank of Iraq announced, on Wednesday, the launch of the first experimental Visa card.
The bank's media advisor, Aqil Al-Shuwaili, said in a statement, which was reviewed by "Al-Eqtisad News", that "the Iraqi Trade Bank has begun launching the first experimental Visa card."
He pointed out that "this visa included features for use in the online shopping process as well as for use in purchases link
TNT:
Tishwash: Trade Bank of Iraq launches first experimental Visa card
The Trade Bank of Iraq announced, on Wednesday, the launch of the first experimental Visa card.
The bank's media advisor, Aqil Al-Shuwaili, said in a statement, which was reviewed by "Al-Eqtisad News", that "the Iraqi Trade Bank has begun launching the first experimental Visa card."
He pointed out that "this visa included features for use in the online shopping process as well as for use in purchases link
Tishwash: International Development Bank signs a memorandum of understanding with the Arab Tourism Organization
The International Development Bank announced, on Wednesday, the signing of a memorandum of understanding with the Arab Tourism Organization under the patronage of Prime Minister Mohammed Shia Al-Sudani.
The bank said in a statement, seen by Al-Eqtisad News, that "it continues its leadership in supporting sustainable development by signing a memorandum of understanding with the Arab Tourism Organization."
It added, "The memorandum was signed between Chairman of the Board of Directors Ziad Khalaf Abdul and Chairman of the Arab Tourism Organization Bandar bin Fahd Al-Fahid in the presence of the Iraqi Minister of Culture and Tourism and a number of officials, under the patronage of Prime Minister Mohammed Shia Al-Sudani."
The statement continued, "The cooperation includes supporting tourism investments in Iraq through an insurance policy, and qualifying tourism facilities to obtain the highest quality marks with the launch of the "Arab Tourist Card" project in partnership with the international company "Visa."
It continued, "The Arab Tourist Card will provide competitive advantages to Arab tourists, such as health insurance, while ensuring that they benefit from the advantages granted by the international company Visa for this type of card, such as special discounts at hotels, restaurants and other tourism establishments, and many competitive advantages."
He added, "This step represents a new start to enhance joint Arab action, support inter-Arab tourism, and attract investments to support the promising tourism sector by integrating the efforts of the Iraqi private sector with the plans the Iraqi government has to develop the tourism reality, making Iraq, which is rich in tourism, religious, archaeological, and natural components, a tourism destination for all the world's poles." link
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Tishwash: Lebanese Economy Minister: Our government is counting on Iraq for reconstruction
Lebanese Minister of Economy Amin Salam said that the Lebanese government is counting on Iraq's support in reconstruction.
According to Salam's statement, which was followed by "Ultra Iraq", "we are counting on Iraq's support and the Iraqi Prime Minister's initiative in reconstruction."
He said, "Iraq has not abandoned Lebanon, and we appreciate the Prime Minister's initiative in reconstruction, and we thank the Iraqi government and people for their efforts and continuous support for Lebanon."
Salam pointed out that "serious work has begun towards the second phase of saving Lebanon," indicating that "the American side is serious about a ceasefire to reach the stage of peace." link
Mot: .. and YOUR ""Turkey Name"" is!!!????
Mot: ... Fur that ""Other Crowd"" - vegan turkey
Happy Thanksgiving with MarkZ and Zester. 11/28/2024
Happy Thanksgiving with MarkZ and Zester. 11/28/2024
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: Spending some time with friends this Thanksgiving.
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
Happy Thanksgiving with MarkZ and Zester. 11/28/2024
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: Spending some time with friends this Thanksgiving.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
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THANK YOU ALL FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
Thanksgiving Quotes to Share With Your Loved Ones
.70 Best Thanksgiving Quotes to Share With Your Loved Ones on Turkey Day
"There is always, always something to be thankful for."
Country Living Staff Nov 25, 2019
Of course, your Thanksgiving menu is important, but the holiday is so much more than just piling our plates with mashed potatoes. Thanksgiving Day is also a time to show your gratitude for your friends, family, and all that you have in life.
These best Thanksgiving quotes will remind everyone of the reason for the fall season! This list is full of thoughtful words that would make for a great holiday toast or even as a nice Thanksgiving Instagram caption.
The day can be quite hectic, especially if you're hosting this year's festivities—so make sure you read these Thanksgiving quotes for friends and family before November 28, and then save them to read aloud to your guests on Thanksgiving Day.
Or when your day starts to get stressful (and you realize just how many stores are closed on Thanksgiving just as soon as you run out of pumpkin pie ingredients!), just take a moment to scroll through this roundup. We especially love the thankful quote: "Give thanks not just on Thanksgiving Day, but every day of your life.
Appreciate and never take for granted all that you have," which was said by Catherine Pulsifer. It reminds us to be mindful and thankful of all we do have.
We also love these words by Daniel Humm: "What I love about Thanksgiving is that it’s purely about getting together with friends or family and enjoying food. It’s really for everybody, and it doesn’t matter where you’re from." That quote truly encompasses how special the holiday is.
70 Best Thanksgiving Quotes to Share With Your Loved Ones on Turkey Day
"There is always, always something to be thankful for."
Country Living Staff Nov 25, 2019
Of course, your Thanksgiving menu is important, but the holiday is so much more than just piling our plates with mashed potatoes. Thanksgiving Day is also a time to show your gratitude for your friends, family, and all that you have in life.
These best Thanksgiving quotes will remind everyone of the reason for the fall season! This list is full of thoughtful words that would make for a great holiday toast or even as a nice Thanksgiving Instagram caption.
The day can be quite hectic, especially if you're hosting this year's festivities—so make sure you read these Thanksgiving quotes for friends and family before November 28, and then save them to read aloud to your guests on Thanksgiving Day.
Or when your day starts to get stressful (and you realize just how many stores are closed on Thanksgiving just as soon as you run out of pumpkin pie ingredients!), just take a moment to scroll through this roundup. We especially love the thankful quote: "Give thanks not just on Thanksgiving Day, but every day of your life.
Appreciate and never take for granted all that you have," which was said by Catherine Pulsifer. It reminds us to be mindful and thankful of all we do have.
We also love these words by Daniel Humm: "What I love about Thanksgiving is that it’s purely about getting together with friends or family and enjoying food. It’s really for everybody, and it doesn’t matter where you’re from." That quote truly encompasses how special the holiday is.
Nora Ephro “The turkey. The sweet potatoes. The stuffing. The pumpkin pie. Is there anything else we all can agree so vehemently about? I don’t think so.”
Jonathan Safran Foer "Thanksgiving is the meal we aspire for other meals to resemble."
Johannes A. Gaertner “To speak gratitude is courteous and pleasant, to enact gratitude is generous and noble, but to live gratitude is to touch Heaven.”
Randy Pausch "Showing gratitude is one of the simplest yet most powerful things humans can do for each other."
Henry Van Dyke "Gratitude is the inward feeling of kindness received. Thankfulness is the natural impulse to express that feeling. Thanksgiving is the following of that impulse.”
Hausa Proverb "Give thanks for a little, and you will find a lot."
Robert Caspar Lintner "Thanksgiving was never meant to be shut up in a single day."
Gerald Good "If you want to turn your life around, try thankfulness. It will change your life mightily.
J.A. Shedd "He who thanks but with the lips thanks but in part; the full, the true Thanksgiving comes from the heart."
Catherine Pulsifer "Give thanks not just on Thanksgiving Day, but every day of your life. Appreciate and never take for granted all that you have."
Margaret Cousins "Appreciation can change a day, even change a life. Your willingness to put it into words is all that is necessary."
Franz Grillparzer "Drink and be thankful to the host! What seems insignificant when you have it, is important when you need it."
Daniel Humm "What I love about Thanksgiving is that it’s purely about getting together with friends or family and enjoying food. It’s really for everybody, and it doesn’t matter where you’re from."
Unknown "There is always, always something to be thankful for."
Anne Frank "No one has ever become poor by giving."
Joyce Giraud "Thanksgiving is one of my favorite days of the year because it reminds us to give thanks and to count our blessings. Suddenly, so many things become so little when we realize how blessed and lucky we are."
Yogi Bhajan "An attitude of gratitude brings great things."
John F. Kennedy "We must find the time to stop and thank the people who make a difference in our lives."
Charles Dickens "Reflect upon your present blessings, of which every man has plenty; not on your past misfortunes, of which all men have some."
Maya Angelou "Be present in all things and thankful for all."
Amy Leigh Mercree “Thanksgiving is a joyous invitation to shower the world with love and gratitude.”
Wilbur D. Nesbit “Forever on Thanksgiving the heart will find the pathway home.”
Norman Vincent Peale “The more you practice the art of thankfulness, the more you have to be thankful for.”
Willie Nelson “When I started counting my blessings, my whole life turned around.”
James E. Faust “The thankful heart opens our eyes to a multitude of blessings that continually surround us.”
Maya Angelou “When we give cheerfully and accept gratefully, everyone is blessed.”
Charlie Brown “What if today, we were just grateful for everything?”
W. Clement Stone “If you are really thankful, what do you do? You share.”
Bruce Wilkinson “A moment of gratitude makes a difference in your attitude.”
David Steindl-Rast “It is not joy that makes us grateful; it is gratitude that makes us joyful.”
To continue reading, please go to the original article here:
https://www.countryliving.com/food-drinks/g2059/thanksgiving-quotes/
Iraq Economic News and Points to Ponder Thursday AM 11-28-24
Academics: Strengthening Relations With International Institutions Contributes To Supporting The Iraqi
Economy Economical 11/28/2024 Baghdad: the mainstay of the emirate Academics praised the steps of the government of Prime Minister Muhammad Shia al-Sudani to achieve financial reform, indicating that strengthening relations with international institutions contributes to supporting the Iraqi economy.
Iraq has recently succeeded in strengthening its relationship with international economic institutions and organizations, and has projected a positive image to the world with its ability to fulfill its international financial obligations, including the International Monetary Fund, and has been able to begin reform.
Academics: Strengthening Relations With International Institutions Contributes To Supporting The Iraqi
Economy Economical 11/28/2024 Baghdad: the mainstay of the emirate Academics praised the steps of the government of Prime Minister Muhammad Shia al-Sudani to achieve financial reform, indicating that strengthening relations with international institutions contributes to supporting the Iraqi economy.
Iraq has recently succeeded in strengthening its relationship with international economic institutions and organizations, and has projected a positive image to the world with its ability to fulfill its international financial obligations, including the International Monetary Fund, and has been able to begin reform.
Last May, the Prime Minister's Advisor for Financial Affairs, Mazhar Muhammad Salih, announced that Iraq had repaid all of the loans it obtained from the Fund, the total of which did not exceed 8 billion dollars. https://alsabaah.iq/106428-.html
Al-Alaq: Growth In Iraq Is In Line With The Global Trend Of Increasing Population
Local | - 11/27/2024 Mawazine News – Baghdad The United Nations Population Fund Advisor, Mahdi Al-Alaq, confirmed today, Wednesday, that the growth in Iraq is in line with the global trend of increasing population.
Al-Alaq explained in a statement to the official agency, followed by "Mawazine News", that "the initial results of the census reflect an annual population growth rate of 2.3%, a rate that classifies Iraq among countries with medium to high population growth."
He added, "These numbers are in line with the global trend of increasing population," noting that "the population of Iraq increased from 31 million people 15 years ago to 45 million people annually."
He pointed out that "the population census is in its final stages, as field teams are working to complete the collection of basic data in some areas, with a focus on addressing deficiencies and ensuring accuracy."
He also explained that "the work will continue until December 10, and that all detailed data will be collected within the next two weeks, as it includes accurate information on the demographic, social and economic characteristics of the population."
Al-Alaq stressed the importance of "this data in supporting sustainable development plans in Iraq, as it will help guide policies related to education, health, housing, and job opportunities, in line with the needs of the growing population." https://www.mawazin.net/Details.aspx?jimare=256971
Withdrawal Of The License Of The Oman Brokerage Company To Buy And Sell Foreign Currencies
November 27, 2024 diamonds: The Central Bank of Iraq decided to withdraw the license of the Amman Company to mediate in the buying and selling of foreign currencies.
For more , click here https://cbi.iq/static/uploads/up/file-173269795553645.pdf
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[approximate and incomplete translation of https://cbi.iq/static/uploads/up/file-173269795553645.pdf ]
DATE: 2024/11/26 (Your counterpart in creation)
Ministry of Commerce / Companies Registration Department
M / Withdrawal of leave
Based on the decision of the Board of Directors of this bank No. (257) of 2024 taken in its session No. (1661) six hundred and sixty-one after one thousand held on 2024/11/19, we would like to inform you of the following:
It has been decided to withdraw the license of the Oman Company for brokerage in buying and selling foreign currencies and cancel the certificate of incorporation granted to it from the above-mentioned controls regulating the work of exchange companies and brokerage in buying and selling foreign currencies No. (1) of 2022 as amended. With appreciation. https://cbi.iq/news/view/2721
The Success Of The Economy Saves The Drowning Of Politics
Mahmoud Dagher: At a time when some governments of the rentier system insist on expanding analyzes and political approaches and various elements of ideology, there is a decline in interest in the economics and management of depleted oil resources towards diversification in other governments, to the point where the interests of the economy and the well-being of the population take precedence over others, and the criterion for success becomes clamor.
Industry, agriculture, technology, and the accompanying development of human resources, versus whispers of politics and ideology.
Such a conclusion is prompted by what Moody’s credit rating agency published regarding the new credit rating of the Saudi economy, which reached Aa3 with a stable outlook after eight years ago for this agency, it was A1 with a positive outlook for the future.
It means an improvement in the state’s credit capacity, including its entry into the bond markets and the acceptance of its proposals. Financing and with lower interest.
Rather, more importantly, Saudi banks and other financial institutions enjoy the advantage of the new classification after they could not market their financing except with the old classification because financial institutions cannot exceed the classification. State.
Iraq, for example, is classified as B-, and therefore the highest at which its banks can be classified is the same classification or lower.
It was noted a few months ago that the classification of the largest Iraqi bank, TBI, was downgraded.
The macroeconomic credit rating and its changes depend on numerous economic and financial criteria reflected in the levels of financial and economic performance, including the
level of public debt,
growth rates, and
improved private sector performance, as well as
non-oil revenues and the
performance of non-oil output.
The sum of these criteria leads to an improvement in the level of economic diversification of the rentier state under the classification.
Which is the most important conclusion from the new classification of Saudi Arabia compared to other economies.
The growth rates of non-oil production sectors have increased, expectedly, to 4-5%, in addition to the non-oil revenues reaching about 40% in total public revenues. In fact, Saudi Arabia’s non-oil exports grew by 22% for the month of September 2024, and such results lead to an increase in the share of The output of the private sector in Saudi GDP, which is expected for the latter to grow up to 4.7%.
The high rating of the Saudi economy is attributed to a long-term economic path of diversification transformation that is considered the mainstay of long-term growth, as well as the tangible approach to independence from the oil crises.
Providing economic interests towards higher prosperity is what leads to the easing of political and ideological tension, despite its presence in our region that floats on oil and the problems associated with it.
Yes, improving the performance of the economy is a way to save yourself from the drowning of politics.
views 257 Added 11/24/2024 - 7:36 PM https://economy-news.net/content.php?id=50185
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