KTFA Thurs. Night CC: “FRANK26….5-16-24……STORM FRONT”
KTFA
Thursday Night Conference Call
FRANK26….5-16-24……STORM FRONT
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
KTFA
Thursday Night Conference Call
FRANK26….5-16-24……STORM FRONT
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Iraqi Dinar Video Update Thursday Afternoon 5-16-24
Iraqi Dinar Video Update Thursday Afternoon 5-16-24
Huge Announcement 2024 – 4:06
Iraqi Dinar There Are Going To Change Today – 4:15
CBI Big Announced About IQD New Rate – 5:14
Iraqi Dinar Video Update Thursday Afternoon 5-16-24
Huge Announcement 2024 – 4:06
Iraqi Dinar There Are Going To Change Today – 4:15
CBI Big Announced About IQD New Rate – 5:14
Huge Announcement 2024 – 4:06
Iraqi Dinar There Are Going To Change Today – 4:15
CBI Big Announced About IQD New Rate – 5:14
Currency Insider Video Updates Thursday Afternoon 5-16-24
Currency Insider Video Updates Thursday Afternoon 5-16-24
Iraqi Dinar Highest Rate Done It’s Time For Cheers – 2:24
Vietnam Dong highest Exchange rates ever today - :59
Iraqi Dinar $3.60 to $3.90 After Too Long Time – 2:14
Currency Insider Video Updates Thursday Afternoon 5-16-24
Iraqi Dinar Highest Rate Done It’s Time For Cheers – 2:24
Vietnam Dong highest Exchange rates ever today - :59
Iraqi Dinar $3.60 to $3.90 After Too Long Time – 2:14
Iraqi Dinar Highest Rate Done It’s Time For Cheers – 2:24
Vietnam Dong highest Exchange rates ever today - :59
Iraqi Dinar $3.60 to $3.90 After Too Long Time – 2:14
Goldilocks' Comments and Global Economic News Thursday Evening 5-16-24
Goldilocks' Comments and Global Economic News Thursday Evening 5-16-24
Good evening Dinar Recaps,
Wirex chooses OpenPayd to launch embedded accounts across UK and EEA | PRN Newswire
"The partnership between the two entities aims to provide named virtual IBANs to Wirex customers across the UK and European Economic Area (EEA), aligning with Wirex's mission to offer secure payment methods to its customers.
Under this partnership, OpenPayd will issue virtual IBANs to Wirex customers in over 30 countries across the UK and EEA. These customers will gain access to the Faster Payments network in the UK and Single Euro Payments Area (SEPA) Instant payments for Euro-denominated deposits and withdrawals."
This service will be interfaced into Wirex's infrastructure using OpenPayd's single API.
Goldilocks' Comments and Global Economic News Thursday Evening 5-16-24
Good evening Dinar Recaps,
Wirex chooses OpenPayd to launch embedded accounts across UK and EEA | PRN Newswire
"The partnership between the two entities aims to provide named virtual IBANs to Wirex customers across the UK and European Economic Area (EEA), aligning with Wirex's mission to offer secure payment methods to its customers.
Under this partnership, OpenPayd will issue virtual IBANs to Wirex customers in over 30 countries across the UK and EEA. These customers will gain access to the Faster Payments network in the UK and Single Euro Payments Area (SEPA) Instant payments for Euro-denominated deposits and withdrawals."
This service will be interfaced into Wirex's infrastructure using OpenPayd's single API.
Banking API is the process of integrating banking functions to a web service. It will decentralize the banking system inside the new QFS. This unique feature will allow access to third-party companies.
Wirex customers will get unique IBANs. IBAN is an International Bank Account Number. It will facilitate transfers of EUR and GBP between Wirex and bank accounts.
OpenPayd's SEPA Instant Payments transactions will occur in real-time. Here we go. The beginning stages of instant payments. PRN Newswire
© Goldilocks
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The integration of Digital Payment Systems, Digital Ledger Technology, and Digital Payment Sources are all in process of being interfaced onto the QFS.
The new rules and regulations to govern them are in process of becoming law by the end of June.
Europe will begin the Global Reset. It will be up to the rest of the world to follow the Regulations they are building at the present time.
The rest of the world will build around these new Banking and Market guidelines. It is a process that begins the end of June 2024.
© Goldilocks
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The Gold Iraqi Dinar | The Economic Ninja | Youtube
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Iraq maintains its 30th rank with the largest gold reserves | Iraqi News
"Iraq's central bank, the Central Bank of Iraq (CBI), has been buying gold since 2022 to diversify its foreign assets."
Every time Iraq buys more gold. They are adding more value to the net worth of their currency.
"When gold is set free, so are we."
© Goldilocks
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"Due diligence procedures in inquiring about customers of exchange companies category (A, B) and brokerage companies that buy and sell foreign currencies."
Brokerage companies that buy and sell foreign currencies with Iraq and their new registered A&B categorization of the Iraqi Dinar have been given due diligence procedures.
Due diligence procedures include information gathered about the clients who are participating in an exchange. It includes background checks, risk assessments, and more. CBI Investopedia Signicat
© Goldilocks
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Mastercard executes first tokenized deposit transactions with StanChart subsidiaries - Ledger Insights
Mastercard has executed its first live test of the Mastercard Multi-Token Network
() (MTN) involving tokenized deposits and tokenized assets in collaboration with Standard Chartered Bank Hong Kong (SCBHK) and subsidiaries. Mastercard introduced MTN in mid-2023.
This proof of concept was completed as part of the Hong Kong Fintech Supervisory Sandbox. It involved a client of Standard Chartered’s Hong Kong digital bank, Mox Bank, buying a carbon credit.
Mox requested SCBHK to tokenize the carbon credit, a task executed by Libeara, the tokenization platform incubated by Standard Chartered’s SC Ventures. Mastercard’s MTN was used to tokenize the deposit and execute an atomic swap between the tokenized deposit and the carbon credit. Ultimately the Mox client received the tokenized carbon credit in their wallet.
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Financial Services and Markets Act 2022 | Monetary Authority of Singapore
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Escobar: De-Dollarization Bombshell - The Coming Of BRICS+ Decentralized Monetary Ecosystem | ZeroHedge
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BIS’ Project Agorá Opens to Private Sector for Tokenised Cross-Border Payments | Fintech Singapore
Project Agorá, an initiative by the Bank for International Settlements (BIS) alongside major central banks and the Institute of International Finance (IIF), is moving forward and inviting private sector involvement.
The project aims to explore how tokenization can improve wholesale cross-border payments. Private sector financial institutions are encouraged to apply for participation in Project Agorá and the application window is open until 31 May 2024.
Project Agorá involves seven central banks, including the Bank of France (Eurosystem), Bank of Japan, Bank of Korea, Bank of Mexico, Swiss National Bank, Bank of England, and the Federal Reserve Bank of New York.
The initiative will build on the unified ledger concept proposed by BIS, aiming to integrate tokenized commercial bank deposits with tokenized wholesale central bank money.
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The Rise of Tokenised Economy: Unified Ledger, RLN, RSN & More..| Linkedin
In simple terms, a unified ledger could be considered a “common venue” where money and other tokenized objects come together to enable seamless integration of transactions and open the door to entirely new types of economic arrangement. 3 days ago
EU wholesale DLT settlement trials start - Ledger Insights - blockchain for enterprise | Ledger Insights
Yesterday, the Oesterreichische Nationalbank participated in the first trial of wholesale DLT settlement transactions as part of the Eurosystem experiments.
As reported last month, 16 institutions were onboarded to participate in the first wave of DLT trials, which use real central bank money. In addition, there are experiments involving simulations.
The Oesterreichische National bank example was a simulation involving the tokenization and simulated settlement of government bonds against central bank money – a delivery versus payment (DvP) transaction.
The ECB says upcoming trials and experiments will include
DvP transactions in primary and secondary markets securities lifecycle management automated wholesale payments, and payment-versus-payment transactions.
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Ripple’s Latest Move Bolsters It As A Digital Asset Custody Provider | Mitrade
Ripple is transitioning into a full-service digital asset custody provider, following its acquisition of Metaco, a Swiss-based leader in the sector, for $250 million in May 2023. This development represents a significant expansion of the fintech’s capabilities into the institutional crypto custody market—a segment that is expected to experience substantial growth over the next decade.
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Bankster Boss Christine Lagarde Reveals Plan for Europe’s GREAT RESET | Awake in 3D
“A hotter climate and the degradation of natural capital are forcing change in our economy and financial system. We must understand and keep up with this change to continue to fulfill our mandate.”
Christine Lagarde, President European Central Bank
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I hope the above information gives you a more detailed understanding of what is taking place this month.
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JUST IN: 🇺🇸 Senator Cynthia Lummis calls for Senate approval on bill allowing highly regulated financial firms to hold Bitcoin and crypto. https://t.me/c/1545617426/78718
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DTCC, Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan, Templeton, BNY Mellon Participating | Coindesk
The Depository Trust and Clearing Corporation (DTCC), the world’s largest securities settlement system, completed a pilot project with blockchain oracle Chainlink (LINK) and multiple major U.S. financial institutions, aiming to help accelerate the tokenization of funds, according to a Thursday report published by DTCC.
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Find information in faster & easier ways with AI Overviews in Google Search - Google Search Help
AI Overview
Learn more… Opens in new tab
Yes, due diligence is part of a foreign currency exchange. The Bank Secrecy Act (BSA) regulatory requirements for due diligence programs for foreign financial institutions include detecting and reporting money laundering and any potential suspicious activity.
The goal of section 312 of the USA PATRIOT Act is to help prevent money laundering through accounts that give foreign financial institutions a base for moving funds through the U.S. financial system. U.S. financial institutions covered by the final rule must establish a due diligence program that includes appropriate, specific, risks.
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Iraq repays IMF loans in full | Search 4 Dinar
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U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat | Coindesk
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Economist’s “News and Views” Thursday 5-16-2024
Central Banks Are Quietly Hoarding More Gold Than Ever, This Is Why – Joe Cavatoni
Kitco News: 5-16-2024
Jeremy Szafron, Anchor at Kitco News, interviews Joe Cavatoni, Senior Market Strategist for the Americas at the World Gold Council. Cavatoni provides an in-depth analysis of the gold market in 2024, detailing central banks' strategic accumulation of gold to hedge against economic and geopolitical risks.
He explains the significant increase in gold reserves by developing economies and the role of gold as a liquid shock absorber.
Cavatoni discusses the dynamic shift in gold investment between Eastern and Western markets, highlighting the surge in demand from China and India.
He also covers technological advancements in gold tracking with blockchain,
Central Banks Are Quietly Hoarding More Gold Than Ever, This Is Why – Joe Cavatoni
Kitco News: 5-16-2024
Jeremy Szafron, Anchor at Kitco News, interviews Joe Cavatoni, Senior Market Strategist for the Americas at the World Gold Council. Cavatoni provides an in-depth analysis of the gold market in 2024, detailing central banks' strategic accumulation of gold to hedge against economic and geopolitical risks.
He explains the significant increase in gold reserves by developing economies and the role of gold as a liquid shock absorber.
Cavatoni discusses the dynamic shift in gold investment between Eastern and Western markets, highlighting the surge in demand from China and India.
He also covers technological advancements in gold tracking with blockchain, the impact of inflation and interest rates on gold prices, and the future outlook for gold driven by geopolitical tensions and economic data, concluding with insights into the sustained high demand for gold and its implications for global economic stability.
LIVE! China Is DUMPING RECORD AMOUNTS OF US DEBT... Import Prices SKYROCKET.
Greg Mannarino: 5-16-2024
Banking System On Verge Of Collapsing? Here's How Many Banks At Risk Of Failing | Brian Graham
David Lin: 5-16-2024
Brian Graham, Partner at Klaros Group, discusses the risks that the banking sector faces.
0:00 – Intro
1:13 - How many banks are stressed?
4:05 - Stress tests on banks
7:15 - Capital requirements
11:15 - Bank mergers
19:22 - Commercial real estate
25:30 - Interest rate outlook
More News, Rumors and Opinions Thursday Afternoon 5-16-2024
KTFA:
Clare: Sudanese advisor announces full repayment of IMF loans
5/16/2024 Baghdad
Today, Thursday, the Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, outlined the loans provided by the International Monetary Fund to Iraq since 2003, while noting that their total did not exceed 8 billion dollars, confirming that they were repaid in full.
Saleh said, in a statement followed by “Al-Iqtisad News”: “Since 2003, the International Monetary Fund has provided several loans to Iraq that were aimed at supporting macroeconomic stability and implementing financial reforms. Between the years 2003 and 2021, Iraq obtained several financing programs from the International Monetary Fund, "Including emergency loans and relatively long-term financial assistance."
KTFA:
Clare: Sudanese advisor announces full repayment of IMF loans
5/16/2024 Baghdad
Today, Thursday, the Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, outlined the loans provided by the International Monetary Fund to Iraq since 2003, while noting that their total did not exceed 8 billion dollars, confirming that they were repaid in full.
Saleh said, in a statement followed by “Al-Iqtisad News”: “Since 2003, the International Monetary Fund has provided several loans to Iraq that were aimed at supporting macroeconomic stability and implementing financial reforms. Between the years 2003 and 2021, Iraq obtained several financing programs from the International Monetary Fund, "Including emergency loans and relatively long-term financial assistance."
He added, "In the first years after 2003, the Fund provided significant support to Iraq through various programs, including the SBA Credit Readiness Program and the Rapid Financing Instrument. For example, in 2016, the International Monetary Fund approved an SBA Credit Readiness Program worth 5.34 Billions of dollars to support economic reforms in Iraq, and Iraq received two-thirds of the above amount, and it was paid in full within five years.”
Saleh continued, “In 2021, Iraq requested an emergency loan worth $6 billion from the International Monetary Fund, and it appears that the loan was not materialized because it was not linked to one of the Fund’s programs at the time,” noting that “methods of cooperation with the International Monetary Fund have been targeted to support government reforms.” And confronting the economic crises that resulted from the decline in oil prices, which were linked to fluctuations in the balance of payments and its effects on economic activity.”
The Prime Minister’s Advisor for Financial Affairs stated, “Since 2003, the value of the loans and financial aid granted by the International Monetary Fund to Iraq has amounted to several billion dollars, and their total does not exceed 7 to 8 billion dollars, and they have been repaid in full, with a focus when granting loans on implementing programs related to “By supporting macroeconomic stability and implementing the necessary financial reforms.” LINK
DeepWoodz: t appears there are many loose ends being tied up neatly. C’mon Iraq!
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Clare: IMF Executive Board Concludes 2024 Article IV Consultation with Iraq
May 15, 2024
Washington, DC: On May 13, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Iraq and considered and endorsed the staff appraisal.
Domestic stability has improved since the new government took office in October 2022, facilitating the passage of Iraq’s first three-year budget, which entailed a large fiscal expansion starting in 2023.
This supported the strong recovery in Iraq’s non-oil economy after a contraction in 2022, while Iraq was largely unaffected by the ongoing conflict in the region. Domestic inflation declined to 4 percent by end-2023, reflecting lower international food prices, the currency revaluation as of February 2023, and the normalization in trade finance. However, imbalances have worsened due to the large fiscal expansion and lower oil prices.
The ongoing fiscal expansion is expected to boost growth in 2024, at the expense of a further deterioration of fiscal and external accounts and Iraq’s vulnerability to oil price fluctuations. Without policy adjustment, the risk of medium-term sovereign debt stress is high and external stability risks could emerge. Key downside risks include much lower oil prices or a spread of the conflict in Gaza and Israel.
[2] At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country's authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Iraq has requested that a United Nations assistance mission (UNAMI) set up after the 2003 U.S.- led invasion of the country end its work by the end of 2025, saying it was no longer needed because Iraq had made significant progress towards stability. Could it be that the rich and powerful are going to let Iraq finally be a true sovereign country and not just on paper? Are they letting go of the apron strings... It is just yet another sign to us that the freedom for Iraq is finally coming to reality. Another stop in the journey down the choo choo tracks and the final stop we all await – the reinstatement.
Frank26 Community Comment: "I Remember you stated a long time ago that the float will be quick." Yeah, IMO the hunger for the Iraqi dinar is great and the investors are almost endless. I believe when it floats it'll be like getting gunpowder on fire. It'll move fast...Within 3 months you're going to see a significant change. Within 6 months it may be done. I hope that within a year they'll cap it...IMO $3.86 to $4.25.
US ECONOMY: $17.7 Trillion Consumer DEBT EXPLOSION, China Sanctions, Stagflation & Rising Inflation
Lena Petrova: 5-15-2024
Iraqi Dinar Today Video Updates Late Thursday Afternoon 5-16-24
Iraqi Dinar Today Video Updates Late Thursday Afternoon 5-16-24
JP Morgan Chase Bank Massive Announcement – 3:55
Its Amazing ,1 Iraqi Dinar equals $5.22 USD ✅ CBI set the Rate – 3:01
Finally Reinstatement Allowed – 2:45
Iraqi Dinar Today Video Updates Late Thursday Afternoon 5-16-24
JP Morgan Chase Bank Massive Announcement – 3:55
Its Amazing ,1 Iraqi Dinar equals $5.22 USD ✅ CBI set the Rate – 3:01
Finally Reinstatement Allowed – 2:45
JP Morgan Chase Bank Massive Announcement – 3:55
Its Amazing ,1 Iraqi Dinar equals $5.22 USD ✅ CBI set the Rate – 3:01
Finally Reinstatement Allowed – 2:45
7 Secret Perks of Having a High Credit Score
7 Secret Perks of Having a High Credit Score
Adam Palasciano Wed, May 15,
In an economy highlighted by sky-high interest rates for auto and home loans, having a good credit score has probably never mattered more.
According to the Consumer Financial Protection Bureau, a credit score is a prediction of your credit behavior, such as how likely you are to pay a loan back on time, based on information from your credit reports.
If your credit score is lacking, you might want to consider ways to boost it as soon as you can. Why? Because having a high credit score comes with some sweet financial perks.
Best Perks of Having a High Credit Score
Here are seven secret perks of having a high credit score, according to RedRoofRipon and Equifax:
7 Secret Perks of Having a High Credit Score
Adam Palasciano Wed, May 15,
In an economy highlighted by sky-high interest rates for auto and home loans, having a good credit score has probably never mattered more.
According to the Consumer Financial Protection Bureau, a credit score is a prediction of your credit behavior, such as how likely you are to pay a loan back on time, based on information from your credit reports.
If your credit score is lacking, you might want to consider ways to boost it as soon as you can. Why? Because having a high credit score comes with some sweet financial perks.
Best Perks of Having a High Credit Score
Here are seven secret perks of having a high credit score, according to RedRoofRipon and Equifax:
Access to lower interest rates: A high credit score will translate into favorable interest rates on auto loans and mortgages. If you’re in the market for a new car or to buy your first home, the status of your credit score is the first thing you’ll want to be concerned about. Even a difference of just 1% can save you thousands (if not tens of thousands) of dollars over the life of a sizable loan.
More favorable loan terms: A high credit score can also mean more favorable loan terms. These can be lower down payment requirements and extended repayment periods, depending on what your lender offers.
Higher credit limits: Since a higher credit score shows that you’re more likely to pay back your loans without an issue, some financial institutions and lenders will be glad to offer you higher credit limits. This can be for an auto loan or mortgage — or even a higher spending limit on your credit card.
More likely to be approved For rentals: Renting an apartment comes with certain financial approvals from the landlord. To guarantee you’ll be a responsible paying tenant for the duration of a lease, landlords will often run credit checks before you can sign. The higher your credit score, the more likely you’ll be approved to move in.
Loans can be approved faster: Sometimes, a higher credit score means you won’t have to wait very long for your loan or credit card application to be approved. Since a higher score is indicative of your ability to pay your bills on time and in full, there usually isn’t a need for the lender to take a closer look at your finances before approving.
To Read More:
https://news.yahoo.com/finance/news/7-secret-perks-having-high-184605843.html
“The Gold Iraqi Dinar” By The Economic Ninja:
The Gold Iraqi Dinar
The Economic Ninja:
As people search for Iraqi dinar latest news today and revaluation news.
Learn about the gold Iraqi Dinar and how the Iraqi Central Bank is buying more gold as the government prepares to revalue the currency.
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different.
The Gold Iraqi Dinar
The Economic Ninja: : 5-16-2024
As people search for Iraqi dinar latest news today and revaluation news.
Learn about the gold Iraqi Dinar and how the Iraqi Central Bank is buying more gold as the government prepares to revalue the currency.
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different.
“Tidbits From TNT” Thursday 5-16-2024
TNT:
Tishwash: A license for brokerage companies to trade in shares on international stock exchanges
The Securities Commission is studying the possibility of licensing brokerage companies to trade in shares on international stock exchanges.
The head of the authority, Faisal Al-Haims, said in a statement: “The authority has begun studying the licensing of brokerage companies to trade in shares on global stock exchanges through a technical committee within it.”
He added, “The Authority is working seriously to support and develop the stock market by studying the licensing of brokerage companies to enable them to trade in shares on international stock exchanges for the first time in Iraq.”
He explained, “This step comes in the context of protecting the rights of citizens to trade through brokerage companies that practice this activity without an official license from the Securities Commission, which seeks to develop the financial markets in the country,” noting that “the Commission is working to provide a stimulating and regulated investment environment.” “It contributes to enhancing confidence among investors and raising Iraq’s position in global financial markets.” link
TNT:
Tishwash: A license for brokerage companies to trade in shares on international stock exchanges
The Securities Commission is studying the possibility of licensing brokerage companies to trade in shares on international stock exchanges.
The head of the authority, Faisal Al-Haims, said in a statement: “The authority has begun studying the licensing of brokerage companies to trade in shares on global stock exchanges through a technical committee within it.”
He added, “The Authority is working seriously to support and develop the stock market by studying the licensing of brokerage companies to enable them to trade in shares on international stock exchanges for the first time in Iraq.”
He explained, “This step comes in the context of protecting the rights of citizens to trade through brokerage companies that practice this activity without an official license from the Securities Commission, which seeks to develop the financial markets in the country,” noting that “the Commission is working to provide a stimulating and regulated investment environment.” “It contributes to enhancing confidence among investors and raising Iraq’s position in global financial markets.” link
CandyKisses: Iraq confirms its keenness to achieve energy self-sufficiency
Economy News – Baghdad
Today, Wednesday, Prime Minister Muhammad Shiaa Al-Sudani affirmed the government’s keenness to implement its executive approach within the axis of achieving energy self-sufficiency, while indicating that the memorandums of understanding that were signed during his visit to the United States of America last April are being implemented on the ground.
The Prime Minister’s Media Office stated in a statement received by Al-Iqtisad News, “Al-Sudani received the US Assistant Secretary of State for Energy Resources Affairs, Jeffrey Payette, in the presence of the US Ambassador to Iraq,” noting that “the most prominent files of cooperation in the field of energy, in all its forms, were reviewed.” And ways to develop it, in a way that contributes to achieving common interests.”
During the meeting, the Prime Minister stressed, “The government’s keenness to implement its executive approach within the axis of achieving energy self-sufficiency, in the areas of exploiting locally produced natural and associated gas, generating electricity, providing petroleum derivatives, and producing chemical fertilizers and petrochemical materials,” explaining that the memorandums of understanding that were signed during His visit to the United States of America last April is being implemented on the ground.”
Al-Sudani pointed to “the government’s efforts and steps in the field of economic and financial reform, especially in the areas of tax, customs, and the banking sector, and completing the elements of the ideal investment environment,” calling on “American companies to work and invest in Iraq.”
For his part, Payet praised “the efforts of the Iraqi government to develop the energy sector,” pointing to “the joint statement of the Prime Minister and US President Joseph Biden, which represents a road map and framework for fruitful work and cooperation.”
He stressed “the desire of American companies to invest and expand their activities inside Iraq.”
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CandyKisses: US negotiations to supply Iraq’s electricity with 3,000 megawatts
Shafaq News / Iraqi Minister of Electricity Ziad Ali Fadel discussed with the US Assistant Secretary of State for Energy Affairs Jeffrey Payat on Wednesday that the electrical system was supplyed by about 3,000 thousand new megawatts through the implementation of new energy projects.
This came during the reception of the Iraqi Minister of Electricity, of the US Assistant Secretary of State for Energy Affairs, in the presence of the US Ambassador in Baghdad, Alena Romanoski, according to a statement received by Shafaq News.
During the meeting, the two sides discussed cooperation between the two countries in the field of energy, where Fadel reviewed the projects it is implementing by the ministry in the production, distribution and transport sectors, and its plans to diversify energy supply sources through a package of projects for electrical connection and other projects in the field of clean energy.
The meeting touched on the role of American and foreign companies in contributing to the modernization of the infrastructure of the electricity sector in Iraq. The Minister of Electricity referred to the contracts concluded with (GE) to qualify and maintain production plants for 5 years, as well as the conversion of gas stations from simple cycles to the complex cycles currently implemented by the American company in more than one location in Iraq.
The two sides discussed, according to the statement, accelerating the implementation of the terms of the memorandum of cooperation concluded during the recent visit of Prime Minister Mohammed Shiaa Al-Sudani to Washington, including the supply of the electrical system by about 3,000 thousand new megawatts through the implementation of new energy projects.
The Iraqi Minister of Electricity called on American companies to submit their offers for the smart transformation project in the electrical system, which the ministry is implementing in selected areas of Baghdad and the provinces as a first stage, expecting that this project will contribute to improving the performance of the electrical network and securing processing hours for citizens 24 hours a day.
For his part, the US official stressed Washington's interest in supporting the Iraqi government's steps in enhancing the performance of its electrical system, and moving towards investment in clean energy projects suitable for the environment
Mot: ......... Just So Ya Knows!!!
Mot: .. not to brag
“Coffee With MarkZ” Thursday Morning Chat 5-16-2024
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Dream your own dreams, achieve your own goals. Your journey is your own and unique
Member: Good Morning Everyone! Have a Terrific Thursday!
MZ: Are you guys ready- are you paying attention and waiting for big announcements or “extraordinary plans” to be revealed in Iraq on Sunday- according to Sudani ?
Member: Not expecting so I can be pleasantly surprised….
Member: Mark Sunday will be my 70th birthday. I am expecting the RV to be announced. Thank you , Lord!
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Dream your own dreams, achieve your own goals. Your journey is your own and unique
Member: Good Morning Everyone! Have a Terrific Thursday!
MZ: Are you guys ready- are you paying attention and waiting for big announcements or “extraordinary plans” to be revealed in Iraq on Sunday- according to Sudani ?
Member: Not expecting so I can be pleasantly surprised….
Member: Mark Sunday will be my 70th birthday. I am expecting the RV to be announced. Thank you , Lord!
Member….MilitiaMan also mentioned this last night.
MZ: MM had a good solid video last night….Hope you all listen…… He talks about “Extraordinary Plans” to be announced –according to Al-Sudani. On Sunday. Now this has something to do with the budget. Finishing the 2024 budget.
MZ: I tell you what- announcing a different rate would sure fix all of those problems including the budget
MZ: We are all praying this means something big. Lots of progress internationally and MM also talks about the impending ascension to the WTO.
Member: it seems that sudani is under enormous pressure to pull the trigger.. but I'm sure he's making sure that there's no hiccups".
MZ: I continue to hear great things from banks as they continue to train. They say it means we are close but I don’t know what that means timewise
Member: Close is one of those words I never want to hear again after the RV. Close does not seem to mean what we used to think it meant.
MZ: “Russia endorses Vietnams future participation in BRICS: Russian ambassador” This is the world doing the fundamentals it takes to change their currencies. We are seeing a seismic shift from fiat back to commodities. This is a big piece of news. And Vietnam is pushing toward that end…like Iraq and it’s with or without the US. .
Member: Putin said 80% of trade between Russia and china is traded outside the USD
Member: Hey if Vietnam wants to go now I won't stop them
Member: Since Vietnam is doing so well financially on their own, I wonder if its possible that vnd could go higher than 50% of iqd?
Member: has there been a change in how they'll send notifications for redemption center appointments?
Member: I firmly believe we will not really know until it happens. No sense worrying about something we have no control of.
Member: Will the VND go at the same time as the IQD?
MZ: We still expect them to go at the same time.
Member: Could we be in the banks next week?
MZ: If we get a rate on Sunday- IMO we could be in the banks next week.
Member: Please. Please. Please. let this be our time! I
Member: Happy birthday to all celebrating
Note: Marks podcast froze today…..blacked out. for awhile. Technical difficulties?
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
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
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/
MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.