Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Saturday 4-27-2024

TNT:

Tishwash:  In the presence of Nechirvan Barzani and Al-Sudani... the State Administration Coalition holds an “important” meeting

 The State Administration Coalition is scheduled to hold an “important” meeting this evening, Saturday, in the presence of the President of the Kurdistan Region, Nechirvan Barzani, and the Prime Minister of the Federal Council, Muhammad Shia al-Sudani.

An informed political source told Shafaq News Agency that the meeting will include discussing a number of political and security files.

Last Wednesday, Kurdistan Regional Presidency spokesman Dilshad Shihab said that the region's president, Nechirvan Barzani, will visit Baghdad soon to attend a regular meeting of the state administration coalition.

At the beginning of this April, the President of the Iraqi Kurdistan Region made a visit to the capital, Baghdad, during which he met with the President of the Republic of Iraq, Abdul Latif Rashid, and the Prime Minister of the Iraqi Federal Prime Minister, Muhammad Shia al-Sudani, and participated in the meeting of the State Administration Coalition and the Coordination Framework.

TNT:

Tishwash:  In the presence of Nechirvan Barzani and Al-Sudani... the State Administration Coalition holds an “important” meeting

 The State Administration Coalition is scheduled to hold an “important” meeting this evening, Saturday, in the presence of the President of the Kurdistan Region, Nechirvan Barzani, and the Prime Minister of the Federal Council, Muhammad Shia al-Sudani.

An informed political source told Shafaq News Agency that the meeting will include discussing a number of political and security files.

Last Wednesday, Kurdistan Regional Presidency spokesman Dilshad Shihab said that the region's president, Nechirvan Barzani, will visit Baghdad soon to attend a regular meeting of the state administration coalition.

At the beginning of this April, the President of the Iraqi Kurdistan Region made a visit to the capital, Baghdad, during which he met with the President of the Republic of Iraq, Abdul Latif Rashid, and the Prime Minister of the Iraqi Federal Prime Minister, Muhammad Shia al-Sudani, and participated in the meeting of the State Administration Coalition and the Coordination Framework.

During his last visit, President Nechirvan Barzani discussed ways to solve the problems of Erbil and Baghdad, the political situation in Iraq and the Kurdistan Region, and a group of other issues.   link

Tishwash:  Governmental and private banks will showcase their services during Financial Inclusion Week

Governmental and private banks are preparing to participate tomorrow, Saturday, in Financial Inclusion Week.

The electronic payment systems will review banking services for citizens, including advances and loans, and introduce them to the products offered by these banks in a step to enhance financial inclusion.  link

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Tishwash: The Association of Private Banks appreciates the efforts of the government and the Central Bank to create understandings with the Treasury, the Federal Reserve, and international banks

The head of the Iraqi Private Banks Association, Wadih Al-Handal, participated in the Arab Economic Security Forum, which was organized by the Union of Arab Banks in Beirut. 

Al-Handal stressed that the forum is being held in complex circumstances and geopolitical changes taking place in the region, and the Arab banking sector has begun to be affected, starting with the State of Iraq, adding that Iraq is still facing major challenges, at various economic levels, including depriving the Iraqi private banking sector of using the dollar, which It has exceeded half of the number of banks operating inside the country, which is a very dangerous indicator, despite the efforts of Iraqi governmental and private institutions to comply with local and international anti-money laundering and terrorist financing laws, but for the first time we are witnessing a clear targeting of the sector, which has begun to affect banking services inside the country, undermine citizen confidence, and hinder... From expanding the proportion of financial inclusion.

He added that these challenges facing the banking sector reaffirm the prominent role played by the Union of Arab Banks, international organizations and Arab banks in coordinating positions and confronting dangers together, noting that our meeting represents an opportunity to cooperate and agree on an action roadmap for the future. Targeting the Iraqi banking sector will not stop within its borders, and may expand at any moment to other countries in light of the regional turmoil.

Al-Handal pointed out that the Association of Private Banks is working with the Iraqi government, the Central Bank, and some local and international institutions, to save the banking sector, and return banks deprived of dealing in dollars to their activities, but this is not enough, but rather requires continuing cooperation with the Arab and foreign banking sector, because the stage of integrating the sector The Iraqi banker with his Arab counterpart must begin quickly, and we are taking great strides in this direction, especially since the Prime Minister, Engineer Muhammad Shiaa Al-Sudani, held dialogues in Washington with the American President and other government officials, who announced in a joint statement the possibility of a group of Iraqi banks returning to dealing. in dollars and support the private banking sector.

Al-Handal appreciated the efforts of the Iraqi government and the Central Bank of Iraq to create deeper understandings with international banks, the Federal Reserve, and the US Treasury to expand the integration of the Iraqi banking sector into the global financial system, in addition to supporting the Iraqi dinar, which led to a gradual rise in its value.

He pointed out that Iraq is witnessing great development in the transition to electronic government and the adoption of electronic payment, and this is what leads to the growth of the digital economy, especially since there is a trend within the country to increase the number of electronic banks, to keep pace with technological development and increase performance. link

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Tishwash:  Association of Banks: Iraq is witnessing great development in the transition to electronic government

The Iraqi Private Banks Association confirmed today, Friday, that Iraq is witnessing great development in the transition to electronic government, and while it indicated that government support for the Iraqi dinar led to a gradual increase in its value, it revealed a trend to increase the number of electronic banks to keep pace with technological development and increase performance. .

The president of the association, Wadih Al-Handal, told the Iraqi News Agency (INA) that he “participated in the Arab Economic Security Forum organized by the Union of Arab Banks in Beirut,” pointing out that “the forum is being held in complex circumstances and geopolitical changes taking place in the region, and the banking sector has begun to be affected.” Arab, starting with the State of Iraq.

He added, "Iraq is still facing major challenges at various economic levels, including depriving the Iraqi private banking sector of using the dollar, which has exceeded half the number of banks operating inside the country, which is a very dangerous indicator, despite the efforts of Iraqi governmental and private institutions to comply with laws against money laundering and terrorist financing." Local and international, but for the first time we are witnessing a clear targeting of the sector, which has begun to affect banking services within the country, undermine citizen confidence, and hinder the expansion of financial inclusion.”

He pointed out that "these challenges facing the banking sector reaffirm the prominent role played by the Union of Arab Banks, international organizations and Arab banks in coordinating positions and confronting dangers together," noting that "our meeting represents an opportunity to cooperate and agree on an action roadmap for the future." “The targeting of the Iraqi banking sector will not stop within its borders, and may expand at any moment to other countries in light of the regional turmoil.”

He pointed out that "the Association of Private Banks is working with the Iraqi government, the Central Bank, and some local and international institutions, to save the banking sector and return banks deprived of dealing in dollars to their activities, but this is not enough. Rather, it requires continuing cooperation with the Arab and foreign banking sector, because the stage of merging the banking sector The Iraqi government and its Arab counterpart must begin quickly, and we are taking great steps in this direction, especially since Prime Minister Muhammad Shiaa al-Sudani held dialogues in Washington with the American president and other government officials, who announced in a joint statement the possibility of a group of Iraqi banks returning to dealing in dollars and supporting...

The private banking sector.Al-Handal praised "the efforts of the Iraqi government and the Central Bank of Iraq to create deeper understandings with international banks, the Federal Reserve, and the US Treasury to expand the integration of the Iraqi banking sector into the global financial system, in addition to supporting the Iraqi dinar, which led to a gradual rise in its value."

He continued, "Iraq is witnessing a great development in the transition to electronic government and the adoption of electronic payment, and this is what leads to the growth of the digital economy, especially since there is a trend within the country to increase the number of electronic banks, to keep pace with technological development and increase performance." link

Wellllllllllllllllll - Finally We Knows WHY!!!! 

Mot: . Might as well have fun. 

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News, Rumors and Opinions Saturday 4-27-2024

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. 27 April 2024 Compiled Sat. 27 April 2024 12:01 am EST by Judy Byington

Global Currency Reset:  (RUMORS(

The Iraqi Dinar was the Kingpin that would launch the Global Currency Reset of 209 countries. “The Governor of the Central Bank of Iraq has told the citizens to prepare for a currency exchange. The citizens of Kurdistan are expecting this by Sat. 27 April.” …TNT Tony

Fri. 26 April : “A banker was advised to have his appointment/exchange personnel available on Sunday the 28th just in case they decide to activate the rate increase so appointments can be scheduled.”

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. 27 April 2024

Compiled Sat. 27 April 2024 12:01 am EST by Judy Byington

Global Currency Reset:  (RUMORS(

The Iraqi Dinar was the Kingpin that would launch the Global Currency Reset of 209 countries. “The Governor of the Central Bank of Iraq has told the citizens to prepare for a currency exchange. The citizens of Kurdistan are expecting this by Sat. 27 April.” …TNT Tony

Fri. 26 April : “A banker was advised to have his appointment/exchange personnel available on Sunday the 28th just in case they decide to activate the rate increase so appointments can be scheduled.”

On Fri. 26 April The National Bank of Iraq Went Live with Core Banking and Payments: https://www.temenos.com/news/2024/04/25/national-bank-of-iraq-goes-live-with-temenos-core-banking-and-payments/

Thurs. 25 April Bruce: A Redemption Staff Leader said that the staff was going in Fri. 26 April to be there for the 800 numbers to come out for Tier4b (us, the Internet Group), with exchange appointments to begin on Sat. 27 April. A Bond Paymaster said that starting Sat. 27 April Kurdistan and the rest of Iraq will have a new Dinar Currency Rate. Tier4b has to be going before Sun. 28 April. On May 8 Iraq will be part of the World Trade Organization.

GCR Recent History:  (RUMORS)

On Mon. 22 April the Iraqi Prime Minister turned over the Dinar revaluation to head of the CBI, which provided the new Iraqi Dinar Rate to the IMF, which provided it to the Forex, which had 72 hours to begin trading it on the bank back screens.

Bond Holders have begun to be paid out and made liquid. After 30% of Bond Holders have been paid out, Tier4b (us, the Internet Group) will be notified to set appointments for exchanges.

Redemption Centers and Banks have the new rates on their screens awaiting authorization to begin processing exchanges.

On Thurs. 9 May Iraq would be considered to be a part of the World Trade Organization.

Global Financial Crisis:

Fri. 26 April Former Federal Reserve chairman, Alan Greenspan: “The U.S. can pay any debt it has because we can always print money to do that.” Did you get that? Begs the comments: “Why do we pay taxes if they can just print money?” And “A system built on debt is a castle built on sand. Eventually, the tide comes in.”

Fri. 26 April Philadelphia-based Republic First Bank has been seized by regulators, says the FDIC. In a surprising turn of events, Philadelphia-based Republic First Bank has become the latest casualty in a string of bank failures that have shaken the financial sector since last spring.

The bank, with $6 billion in assets, was seized by regulators due to challenges stemming from the current high-interest rate environment, marking it as the first bank failure of the year.

This event has once again raised concerns about the stability of the banking sector and the potential impact on the global economy.

Read full post here:  https://dinarchronicles.com/2024/04/27/restored-republic-via-a-gcr-update-as-of-april-27-2024/

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

Bruce   [via WiserNow]  I heard from one of our Iraqi sources today...and he said that starting Saturday, Iraq...will have an all new currency on Saturday...new Iraqi dinar and it's going to have an all new rate Saturday...Now, I don't know if they're gonna put their rate internationally on Saturday. They might...I can only tell you that this is looking very good for us.

Nader From The Mid East  Today I was watching the news.  I was watching Sudani in the street and it got me all excited.  Got me happy.  It's been a while we didn't see a leader who cares about the people, who cares about the country...He was walking in the street at least for 2 hours...It's great to see that.  He give confidence.  It gives hope.  I hope he continues like that...It's amazing what's going on in Iraq.  I love it.

All Assets (In The System) Will Be Stolen | Bill Holter

Liberty and finance:  4-26-2024

Bill Holter joins us to discuss what could happen in a worst case economic scenario.

 Assets remaining within the financial system are at risk, he says, and can legally be stolen to bailout (or bail-in) financial institutions.

FDIC insurance means little, he notes, given that by the time depositors would receive their insured funds, the Dollar could be worthless.

 While many people are wary of investing in gold at these all-time high nominal prices, Holter says precious metals still provide insurance against financial chaos.

 In addition, he argues the bull market in gold and silver is just getting started.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Too late to buy gold?

 5:45 The Great Taking

14:30 Debt crisis

21:00 Gold & silver update

https://www.youtube.com/watch?v=aZ7binuEhmw

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G7 vs BRICS: Can BRICS Make an End to G7?

G7 vs BRICS: Can BRICS Make an End to G7?

Fastepo:  4-26-2024

Since its expansion in 2024 from five to ten members, BRICS has captured global attention. This bloc, now known as BRICS+, encompasses half of the world's population and boasts the largest cumulative GDP (PPP) globally.

Previously, the G7—comprising Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States—was considered the most influential political and economic group on the world stage.

However, tensions between these two groups have been rising, manifesting not on actual battlefields but through indirect confrontations in various situations.

G7 vs BRICS: Can BRICS Make an End to G7?

Fastepo:  4-26-2024

Since its expansion in 2024 from five to ten members, BRICS has captured global attention. This bloc, now known as BRICS+, encompasses half of the world's population and boasts the largest cumulative GDP (PPP) globally.

Previously, the G7—comprising Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States—was considered the most influential political and economic group on the world stage.

However, tensions between these two groups have been rising, manifesting not on actual battlefields but through indirect confrontations in various situations.

In this video, we aim to thoroughly analyze the influence and position of each group. While we strive for neutral analysis and accuracy in our figures and data, there may be some errors.

Without further ado, let’s dive into the analysis of BRICS+ and G7 as of April 2024.

The video outline is as follows. We'll begin with a historical overview of the G7 and BRICS blocs. Next, we'll compare their economic performance, followed by an analysis of their contributions to global energy production.

We'll conclude with a look at the future prospects of BRICS+ versus the G7. Feel free to skip to the section that interests you the most.

https://www.youtube.com/watch?v=P73kwEMP0Oo

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Economics, Gold and Silver, Goldilocks, News DINARRECAPS8 Economics, Gold and Silver, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Friday Evening 4-26-24

Goldilocks' Comments and Global Economic News Friday Evening 4-26-24

Good Evening Dinar Recaps,

MICA Announcement: "This summer, the first part of the EU’s MiCA Regulation will come into effect. Financial institutions (FIs) that are currently engaged in or exploring crypto assets will need to make operational adjustments." Markets in Crypto Assets (MICA) are finally coming to the final stages of completion for the QFS. Financial institutions seeking to participate on the new Digital System will be going through a regulatory process. These MICA Regulations that will come to a conclusion on May 28th, 2024 in Europe will create a crypto-asset white paper. This white paper will report and create a set of guidelines for all countries to follow going forward in building their Quantum Technological Regulations Financial institutions around the world will have until December 2024 to integrate their Quantum Technologies to the new Digital Asset Based Trading System. At that time, the new QFS will be operational Globally. Here is what will be worked on between now and the end of the year: * how financial values are stored and transacted (stablecoins) * Movement from T+1 to T+0 instant payments in cross-border transactions * Reducing counterparty risks * Counteracting payment frauds

Goldilocks' Comments and Global Economic News Friday Evening 4-26-24

Good Evening Dinar Recaps,

MICA Announcement:

"This summer, the first part of the EU’s MiCA Regulation will come into effect. Financial institutions (FIs) that are currently engaged in or exploring crypto assets will need to make operational adjustments."


Markets in Crypto Assets (MICA) are finally coming to the final stages of completion for the QFS. Financial institutions seeking to participate on the new Digital System will be going through a regulatory process.

These MICA Regulations that will come to a conclusion on May 28th, 2024 in Europe will create a crypto-asset white paper. This white paper will report and create a set of guidelines for all countries to follow going forward in building their Quantum Technological Regulations

Financial institutions around the world will have until December 2024 to integrate their Quantum Technologies to the new Digital Asset Based Trading System. At that time, the new QFS will be operational Globally.

Here is what will be worked on between now and the end of the year:

* how financial values are stored and transacted (stablecoins)
* Movement from T+1 to T+0 instant payments in cross-border transactions
* Reducing counterparty risks
* Counteracting payment frauds

Many Credit Valuation Adjustments will be taking place between now and that time when the Global Currency Reset will come into play.

This is it folks. I know no one wants to hear this at this time. Yet, we are working with the United States, Europe, and the BRICS Nations aligning themselves with payment systems and tokenized assets that will govern our new Global Economy.

It's been a long journey, but we are in the final stages. And, it is important that we pay close attention between now and Christmas to changes that can possibly move up these banking timelines.

As far as currencies are concerned, they will need to begin shifting at some point between now and Christmas. They may come as a float, become volatile, partial revaluation in some countries, but I expect final prices on these currencies or complete revaluations to come late to early next year.

There are three phases to this final process. I will be helping you to understand where we are as we move to each stage. The first two have to be done by Christmas. The last one is a continuation of the first two that has more to do with reporting procedures than payment processes.

In the meantime, we will clearly have Digital Assets moving into real values. This first RV is at the beginning stages of development right now.

You would do yourself a favor to find a good friend who understands what cryptos are going to be used in the next Financial System. You will be glad that you did.   EY

© Goldilocks

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SEBI Announcement:

"SEBI Proposes Framework for Price Discovery of Investment Companies"

Between now and the end of the year, SEBI has recommended that our new tokenized assets go through what is called a price discovery.

Securities and Exchange Board of India has made the above recommendation for their financial markets. In reality, this is what will be taking place around the world as well.

Price Discovery is when the markets synchronize their new price actions or correlations with each other based upon supply and demand.

Supply and demand recognize price actions that correspond with assessments on companies and those who buy their products' actual ability to pay for items on the market.

In other words, we are about to go through what is called fair market valuations. This will include all sectors of the market including Forex.    Indian Express    IG

© Goldilocks

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IBM to buy HashiCorp in $6.4 billion deal to expand in cloud

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A MESSAGE FROM SAM OLIVER ON SILVER

LISTEN HERE:

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Franklin Templeton Announces Availability of Peer-to-Peer Transfers for Franklin OnChain U.S. Government Money Fund Business Wire

These Franklin Templeton assets that are tokenizing US Treasuries will have a correlating effect on gold and other commodities.

The tokenization of US Treasuries through Franklin Templeton Digital Assets will have their connection to the commodity sector giving them real values going forward.

This will be part of the credit valuation adjustments that will be taking place in the months ahead to give new price action adjustments on a new economy.

Everything is being tokenized, and within each of these tokens will be a corresponding commodity to give it a real price value for the QFS able to compute and regulate real-world assets.

© Goldilocks

👆 We are witnessing our markets transform into a new digital economy.

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"All roads lead to gold, and 'digital gold' will set us free."

© Goldilocks

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Stellar The New Star: Analyst Predicts $0.47 Price Target | News BTC

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Interior Department Implements Reforms in Federal Oil and Gas Leasing Regulations | The Presidential Prayer Team

"These are the most significant reforms to the federal oil and gas leasing program in decades, and they will cut wasteful speculation, increase returns for the public, and protect taxpayers from being saddled with the costs of environmental cleanups,” said Secretary Deb Haaland. “These reforms will help safeguard the health of our public lands and nearby communities for generations to come.”

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Kalp Foundation Partners with Router Protocol to Facilitate Cross-Chain Interoperability of Real-World Assets |  CXO Today

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Q1 GDP Report Preview: What the Data Could Tell Us About the U.S. Economy | InvestorPlace

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Law of Supply and Demand in Economics: How It Works | Investopedia

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Jim Willie: 20 Reasons For Gold Price Breakout | Youtube

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IBM to buy HashiCorp in $6.4 billion deal to expand in cloud, Telecom News, ET Telecom

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Fed seeks 8,000 financial institutions for FedNow | Banking Dive

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Granting waivers on Iranian oil only emboldens the ayatollahs | The Hill

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Gold Could Hit $40,000 Per Ounce – Here’s How! | Lynette Zang Youtube

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"National Bank of Iraq goes live with Temenos core banking and payments"

Will they work with Ripple? Probably...

More on this tomorrow...

© Goldilocks

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More News, Rumors and Opinions Friday Afternoon 4-26-2024

Excerpt from the Restored Republic via a GCR: Update as of Fri. 26 April 2024

Implementation of NESARA is the Federal Reserve’s worst nightmare as it is a “Jubilee” or forgiveness of debt while automatically making the following changes:

1. Zeros out all credit card, mortgage and other bank debt due to illegal banking and government activities.

2. Abolishes the income tax.

3. Abolishes the IRS. Employees of the IRS will be transferred into the US Treasury national sales tax area.

4. Creates a14% flat rate non-essential ‘new items only’ sales tax revenue for the government. In other words food and medicine will not be taxed, nor will used items be taxed such as old homes.

Excerpt from the Restored Republic via a GCR: Update as of Fri. 26 April 2024

Implementation of NESARA is the Federal Reserve’s worst nightmare as it is a “Jubilee” or forgiveness of debt while automatically making the following changes:

1. Zeros out all credit card, mortgage and other bank debt due to illegal banking and government activities.

2. Abolishes the income tax.

3. Abolishes the IRS. Employees of the IRS will be transferred into the US Treasury national sales tax area.

4. Creates a14% flat rate non-essential ‘new items only’ sales tax revenue for the government. In other words food and medicine will not be taxed, nor will used items be taxed such as old homes.

5. Increases benefits to senior citizens.

6. Returns Constitutional Law to all courts and legal matters.

7. Reinstates the original Title of Nobility amendment. Hundreds of thousands of Americans under the control of foreign powers will lose their citizenship, be deported to other countries and barred from reentry for the remainder of their life. And, millions of people will soon discover their college degrees are now worthless paper.

8. Establishes new Presidential and Congressional elections within 120 days after NESARA’s announcement. The interim government will cancel all “National Emergencies” and return us back to Constitutional Law.

9. Monitors elections and prevents illegal election activities of special interest groups.

10. Creates a new U.S. Treasury, ‘rainbow currency,’ backed by gold, silver, and platinum precious metals, ending the bankruptcy of the United States initiated by Franklin Roosevelt in 1933.

11. Forbids the sale of American birth certificate records as chattel property bonds by the US Department of Transportation.

12. Initiates new U.S. Treasury Bank System in alignment with Constitutional Law

13. Eliminates the Federal Reserve System. During the transition period the Federal Reserve will be allowed to operate side by side of the U.S. treasury for one year in order to remove all Federal Reserve notes from the money supply.

14. Restores financial privacy

15. Retrains all judges and attorneys in Constitutional Law

16. Ceases all aggressive, U.S. government military actions worldwide

17. Establishes peace throughout the world

18. Releases enormous sums of money for humanitarian purposes

19. Enables the release of over 6,000 patents of suppressed technologies that are being withheld from the public under the guise of national security, including free energy devices, antigravity, and sonic healing machines.

Read full post here:  https://dinarchronicles.com/2024/04/26/restored-republic-via-a-gcr-update-as-of-april-26-2024/

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

Mnt Goat  I don’t want to fill you minds with false hope or over speculate but...we can clearly now see something BIG is about to happen...our choo choo train is speeding down the track. The destination is the reinstatement but remember to reach it, the train must first make a couple stops along the way.  Many of these stops already occurred as we get closer and closer to our destination.   We can almost see the finish line...

Petra   Article: "The most difficult option... Warnings of the danger of floating the Iraqi dinar without achieving an important condition"   "hit" piece. Very poorly thought out and clearly indicates an ignorant author who does not understand economic processes and protocols, international finance, banking and transfer monies in an active productive society.  Clearly this writer attempted to use big words with unsubstantiated information and "no" back-up documentation other than...opinion. And, as stated, an ignorant one at that.

Rafi Farber: Yen Collapse Suggests We are At the Tipping Point of Keynesian Failure

Arcadia Economics:  4-26-2024

If there's one myth that Keynesianism has ingrained successfully into the sound money gold and silver community, it's that higher rates are the solution to higher consumer prices.

We are about to see that myth blasted into subatomic pieces so small it will conclusively demonstrate the existence of quarks.

The yen is collapsing as we speak, and the mainstream is blaming it on the fact that the Bank of Japan refuses to hike rates.

However, if the BoJ does raise rates, the yen will collapse even faster, a tight correlation we've seen since 2015.

Once the Keynesian world at large understands that higher rates are now synonymous with what they call "inflation", they'll be completely out of options.

 It may only take one more panicked hike by the BoJ to finally slay the "higher rates equals lower inflation" dragon, at which point the deep, dark realization of what the Central Banks have done to their currencies may finally take its gold and silver shape.

To find out more, click to watch the video now!

https://www.youtube.com/watch?v=Aj1UjYUFKVY

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“Tidbits From TNT” Friday 4-26-2024

TNT:

CandyKisses:  After the visit of the Sudanese. Will the occupation forces get out?

Information/report.Popular and political hopes were held on Sudanese's visit to Washington in order to remove the occupation forces from the country, while the Sudanese did not mention anything about the file during his video meeting with Biden, as well as Sudanese's favoritism by continuing the American dependency represented In equipping the army with American aircraft, and between supporters and opponents of the visit, its results remain the judgment

 So will we witness a schedule for the exit of US forces from Iraq or will the situation remain as it is.

The resistance factions did not stop resisting, but gave a deadline to the government to resolve the file politically, and in continuous statements by their leaders that their forces are ready in the event that political solutions end and America manipulates the agreements.

TNT:

CandyKisses:  After the visit of the Sudanese. Will the occupation forces get out?

Information/report.Popular and political hopes were held on Sudanese's visit to Washington in order to remove the occupation forces from the country, while the Sudanese did not mention anything about the file during his video meeting with Biden, as well as Sudanese's favoritism by continuing the American dependency represented In equipping the army with American aircraft, and between supporters and opponents of the visit, its results remain the judgment

 So will we witness a schedule for the exit of US forces from Iraq or will the situation remain as it is.

The resistance factions did not stop resisting, but gave a deadline to the government to resolve the file politically, and in continuous statements by their leaders that their forces are ready in the event that political solutions end and America manipulates the agreements.

Speaking more about the subject, Ali al-Fatlawi, a member of the alliance, said that the resistance factions are still on guard in the event that the agreed US withdrawal does not take place, pointing out that "the stick belongs to those who stick "

Fatlawi said in a statement to the agency / Information / that "the exit of the US occupation from Iraq is necessary as it is a popular and political demand," pointing out that it was one of the most important files discussed by the Sudanese in Washington .He adds that, "Iraq has the stick and the carrot, and if the Sudanese fail to use the carrot, the resistance factions still keep the stick," noting that "whenever there is manipulation on the American side, the factions will use their strength to pressure again."

*Government dutyto that promised MP for the Conquest Alliance Suhaila Sultani, that the file of the exit of the Americans from Iraq is entrusted to the Iraqi government, noting that the House of Representatives has played its role to the fullest and says Sultani in a statement to the agency / information /, that "the House of Representatives has approved a law to prevent the presence of the United States and any foreign forces on Iraqi territory,"

Noting that "the scheduling is related to the government's negotiations with the American side in this file "She adds that, "Sudani's visit discussed this file in Washington and specialized committees have been formed to follow up on the matter, and the withdrawal will take place after the completion of negotiations by those committees."

Observers saw that the Sudanese in his recent visit to Washington had the pressure of the resistance factions as a trump card against the US occupation, which helped to force them to leave the country. 

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Tishwash:  What are the risks of floating the Iraqi dinar to address the double price of the dollar? An economist explains

On Thursday, economic expert Nabil Al-Marsoumi explained the risks of floating the Iraqi dinar to address the double price of the dollar against the dinar and the existence of a large gap between the official and parallel prices.

Al-Marsoumi said in a publication followed by “Jarida”, that “some are proposing a solution to address the double price of the dollar against the dinar and the existence of a large gap between the official and parallel prices through free floating of the Iraqi dinar, that is, leaving the dinar in the market to find a price for it against foreign currencies through the interaction of supply forces.” And the demand.”

He added, "Such a decision has some economic positives, but the economy should not be taken in its abstract aspect." He added, "Such a decision has some economic positives, but the economy should not be taken in its abstract aspect, but rather insofar as it relates to people, especially the poor among them, and in light of Iraq's lack of “For a national private sector that can contribute to increasing the supply of dollars in the Iraqi market, and because of the large volume of imports, which reach 67 billion dollars annually, the only party that owns the dollar is the government.”

He continued, “If the government decides not to intervene in the exchange market, it is expected that the dinar will witness a violent collapse and rampant inflation that will cause prices to rise to insane levels that will cause severe harm to citizens’ living standards, and the poor will become more miserable, and will later lead to social tensions and a major rift in the social peace.”  link

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

Tishwash:  With the participation of the Association of Private Banks, investment opportunities are on the table of a Jordanian-Iraqi economic forum next May

The activities of the Economic Forum for Financial, Industrial and Commercial Partnerships between Iraq, Jordan and the region will begin on the fifth of next May, organized by the Iraqi Business Council in Amman, amid great official interest and broad participation from the public and private sectors in the two countries and the countries of the region. 

According to a statement by the Council, the ministers of industry and electricity from Iraq will participate in the forum, which is organized by the Council in cooperation with the Jordanian and Amman Chambers of Industry, and will be opened at the King Hussein Convention Center in the Dead Sea region, along with ministers from Jordan, business owners, investors, and Arab and foreign companies.

Participating in the forum are also the National Investment Authority in Iraq, the Arab Businessmen Union, the Multilateral Investment Guarantee Agency and the International Finance Corporation of the World Bank Group, the Association of Information and Communications Technology Companies (Intaj), the Association of Iraqi Private Banks, the Jordanian Banks Association, and the Jordanian Corporation for Economic Enterprise Development. (JEDCO), and the Jordanian free and development zones.

The Council organizes the two-day forum, which includes an exhibition for companies and bilateral meetings with decision-makers from the two countries, on the occasion of the Kingdom’s celebrations of the silver jubilee of His Majesty King Abdullah II assuming his constitutional powers. 

The forum's working sessions focus on the most prominent investment opportunities in Jordan and Iraq, the prospects for commercial and industrial opportunities in the two countries, the vision of economic modernization, investment in Iraq, investment opportunities in the region, in addition to investment opportunities in the Jordanian free and development zones.

The sessions also focus on the role of the banking sector in providing financial facilities to the industrial, energy, mining, transportation and infrastructure sectors, the role of international institutions in providing financial financing for investment projects, and presenting success stories of Jordanian and Iraqi investment companies.

The Forum seeks to enhance regional integration by building economic interconnection, enhancing cooperation in various sectors, building long-term partnerships, creating sustainable partnerships, deepening mutual understanding between participating countries, and building a common vision for the future of economic prosperity and development in the region.   link

Mot: Amazing -- Yeppers another good ole ""Marital tip"" fer Ya 

Mot: ... Member! -- Its Not What Ya Say -- Its Just Timing!!!!   

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Friday AM 4-26-2024

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. 26 April 2024 Compiled Fri. 26 April 2024 12:01 am EST by Judy Byington

Global Currency Reset: What We Think We Know as of Thurs. 25 April 2024: (RUMORS)

Thurs. 25 April Bruce: Today a Redemption Staff Leader said that the staff is going in tomorrow Fri. 26 April to be there for the 800 numbers to come out for Tier4b (us, the Internet Group), with exchange appointments to begin on Sat. 27 April.

On Fri. 19 April the Global Currency Reset process began as verified by Michael Rueben, the Paymaster over all Paymasters across the World who is based in New York.

On Sun. 21 April GCR protocols were delivered to Tier4B Internet Group lead representatives.  

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. 26 April 2024

Compiled Fri. 26 April 2024 12:01 am EST by Judy Byington

Global Currency Reset: What We Think We Know as of Thurs. 25 April 2024: (RUMORS)

Thurs. 25 April Bruce: Today a Redemption Staff Leader said that the staff is going in tomorrow Fri. 26 April to be there for the 800 numbers to come out for Tier4b (us, the Internet Group), with exchange appointments to begin on Sat. 27 April.

On Fri. 19 April the Global Currency Reset process began as verified by Michael Rueben, the Paymaster over all Paymasters across the World who is based in New York.

On Sun. 21 April GCR protocols were delivered to Tier4B Internet Group lead representatives.  

On Mon. 22 April the Iraqi Prime Minister turned over the Dinar revaluation to head of the CBI, which provided the new Iraqi Dinar Rate to the IMF, which provided it to the Forex, which had 72 hours to begin trading it on the bank back screens.

Bond Holders have begun to be paid out and made liquid. After 30% of Bond Holders have been paid out, Tier4b (us, the Internet Group) will be notified to set appointments for exchanges.

Redemption Centers and Banks have the new rates on their screens awaiting authorization to begin processing exchanges.

The Iraqi Dinar was the Kingpin to launch the Global Currency Reset of 209 countries.

“The Governor of the Central Bank of Iraq has told the citizens to prepare for a currency exchange. The citizens of Kurdistan are expecting this by Sat. 27 April.” …TNT Tony

Iraqi PM Sudani said his desire was to roll the dinar value back to the 80s and 90s, which was around $4.00 per one USD.

Countries wishing to be part of the Global Currency Reset were dropping the fiat Federal US Dollar as their basis for international trade in order to join the BRICS Alliance – the latest being Venezuela.

On Thurs. 9 May Iraq would be considered to be a part of the World Trade Organization.

~~~~~~~~~~

Thurs. 25 April 2024 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#

A Bond Paymaster said that starting Sat. 27 April Kurdistan and the rest of Iraq will have a new Dinar Currency Rate.

On May 8 Iraq will be part of the World Trade Organization.

Tier4b has to be going before Sun. 28 April.

This morning a Redemption Staff Leader said that the staff is going in Fri. 26 April to be there for the 800 numbers to come out for Tier4b (us, the Internet Group) exchange appointments to begin on Sat. 27 April.

Emails should go out on Fri. 26 April for Tier4b exchange appointments to begin on Sat. 27 April.

Canadian Tier4b should get the same 800 number for currency and Zim holders.

HSBC is the lead bank internationally including Canada. Wells Fargo is lead bank for the US. Bank Santago is the lead bank for South America.

Read full post here: https://dinarchronicles.com/2024/04/26/restored-republic-via-a-gcr-update-as-of-april-26-2024/

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

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  With corruption all over Iraq they will announce the new exchange rate and then parliament will have to do an emergency session to make the vote… There are so many crooks in our nation.  This is what was preventing our new exchange rate.  It’s different now.  FRANK:  I agree with your procession of events to occur… Everything waits for the new exchange rate especially the budget.

Militia Man  Iraq has put themselves into a position that is now down to the wire for for us to get that budget to a place that they can do what they’re going to do…If they have an exchange rate that needs to facilitate all these deals…it looks like the United States and Turkey were the last two key indicators that show things are going to happen.  

Bank Of America Has URGENT Warning For Account Holders

Atlantis Report:  4-25-2024

Bank of America carries significant influence in the global finance industry, and it has the power to influence investors, policymakers, and industry leaders.

Recently, the bank issued a warning to its account holders, which caused concern among investors.

Due to market volatility, the bank’s analysts have advised customers to remain alert in the coming weeks.

This volatility has severe implications for equity and other financial markets investors, who will need techniques to navigate these uncertain times.

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

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Economics, Gold and Silver, Goldilocks, News DINARRECAPS8 Economics, Gold and Silver, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Thursday Evening 4-25-24

Goldilocks' Comments and Global Economic News Thursday Evening 4-25-24

Good Evening Dinar Recaps,

China's Payment Regulations Announcement: On December 9, 2023, Chinese Premier Li Qiang signed Decree No. 768 of the State Council. The People's Bank of China is giving us a look at their implementation rules for their new payment regulations. It covers risk management, e-commerce, faster mobile and computer payments, connections between central depository institutions, banking systems, monetary policies, guidelines, management of payment rules between Financial institutions, and various types of accounts. After implementation, these new regulations will be sent to Clearing House Institutions for Network inclusion and compliance directives to enforce this new payment system.  This decree is China's regulations on the Supervision and Administration of Non-Bank Payment Institutions.

Goldilocks' Comments and Global Economic News Thursday Evening 4-25-24

Good Evening Dinar Recaps,

China's Payment Regulations Announcement:

On December 9, 2023, Chinese Premier Li Qiang signed Decree No. 768 of the State Council.

The People's Bank of China is giving us a look at their implementation rules for their new payment regulations.

It covers risk management, e-commerce, faster mobile and computer payments, connections between central depository institutions, banking systems, monetary policies, guidelines, management of payment rules between Financial institutions, and various types of accounts.

After implementation, these new regulations will be sent to Clearing House Institutions for Network inclusion and compliance directives to enforce this new payment system.  This decree is China's regulations on the Supervision and Administration of Non-Bank Payment Institutions.

A non-bank entity provides similar services to a bank, but they do not hold a banking license. This merges the new Digital Economy with the Traditional Markets and Banking System inside our new digital economy.   Peoples Bank of China

It will go into effect on May 1, 2024.

© Goldilocks

~~~~~~~~~

Japan is the fourth-largest export market and trading partner of the United States with a 68 billion trading deficit.

Why this partnership is so important comes of its connection to US Dollars held within their accounts to support the Yen.

Japan is giving an imminent warning that they are going to have to prop up their currency by intervening into the markets.

This means they will be selling their dollars that they have bought over the years to support the Yen from continuing to fall in its price.

As the yen begins the process of leveling the playing field between the price of the dollar against the yen, it will begin to affect the global markets as well.

This move will cause trading deficits and appreciation with other countries around the world as the Yen begins to rise in its price.

Eventually, the move toward more reliance on their Basel 3 compliant policies over the dollar will stabilize the Yen as these temporary measures go into effect.

As we have spoke of recently in this room, we are moving into credit valuation adjustments. This is going to be a big one because of so many trading contracts take place between the US and Japan.

Volatility in the currency markets are about to begin, and they will end with the stabilization of all currencies based upon real values connected to them through gold.

If you think the recent actions to regulate and place laws on Stablecoins is a coincidence, you might want to look again.   Reuters 1   Reuters 2   Trade

© Goldilocks

~~~~~~~~~

This Louisiana Man Collected Over Half a Million Pennies in 45 Years | ABC News

I wish he would have sold it to an exchange center instead of a bank. Can you imagine how much he really lost on this exchange.

Copper is now a critical mineral and a global shortage metal. Know what you hold my friends. Know it's worth.

A wise investor explores exchange options.

👆4.49 per lb×2800 lb of copper= $12,572

The above is copper's current actual worth. The bank gave this man...$5,136. He lost over $7,000 on this deal.

Do your own research my friends.

© Goldilocks

~~~~~~~~~

👆 Can you imagine how much this man would have had if he waited until next year to sell his copper? So sad.

~~~~~~~~~

Nonbank Financial Institutions: What They Are and How They Work | Investopedia

~~~~~~~~~

Stablecoin News: Top Democrat Predicts Imminent Deal On Stablecoin Regulation | Coingape

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Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg

~~~~~~~~~

Venezuela demands oil purchases to be paid in #USDT to Bypass U.S Sanctions 🤨 | Twitter

~~~~~~~~~

What are the Bretton Woods 3 institutions? | UN

* International Monetary Fund (IMF)
* International Finance Corporation (IFC)
* Multilateral Investment Guarantee Agency (MIGA)
* The World Bank.
* The World Trade Organization (WTO)

~~~~~~~~~

Ripple to Use Stablecoin for US ODL Customers, Not XRP | The Crypto Basic

~~~~~~~~~

A new web3 network is being built right now that wants to end Big Tech’s control of your data | Tech Crunch

~~~~~~~~~

Navigating The Generative AI Divide: Open-Source Vs. Closed-Source Solutions | Forbes

~~~~~~~~~

Mannarino Market Risk Indicator

The Dow Index has lost over 3.82% the past 4 weeks. We talked about the Markets moving down for the next three to five weeks almost a month ago. How am I doing so far?

© Goldilocks

~~~~~~~~~

China's March net gold imports via Hong Kong up 40% from Feb | Zawya

~~~~~~~~~

Book of Zephaniah Summary: A Complete Animated Overview | Youtube

~~~~~~~~~

👆 Sound familiar? It should, what we are going through is a Biblical prophecy

~~~~~~~~~

Meaning: Hidden by God.

Zephaniah is a masculine name of Hebrew origin that means "hidden by God." This is a biblical name shared with minor prophets in the Hebrew Bible and its meaning is symbolic of God's protection.

~~~~~~~~~

Follow Goldilocks' Roadmap

Follow Goldilocks' Timeline 

Goldilocks' Telegram Room

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Goldilocks on the Seeds of Wisdom Team™ Website

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Thank you Dinar Recaps

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

U.S. Debt Crisis to Make the Fed ‘Irrelevant,’ Watch These Hard Assets Get ‘Unleashed’ — Tavi Costa

U.S. Debt Crisis to Make the Fed ‘Irrelevant,’ Watch These Hard Assets Get ‘Unleashed’ — Tavi Costa

Kitco News:  4-25-2024

Jeremy Szafron, Anchor at Kitco News, interviews Tavi Costa, a macro strategist from Crescat Capital, to discuss the pressing issues facing the 2024 economy.

They discuss the implications of high sovereign debt, the Federal Reserve's response to inflation, and the rising geopolitical tensions.

Costa shares his insights on why he believes the Fed will become "irrelevant" due to unsustainable debt levels and highlights which hard assets are poised to benefit in this turbulent financial landscape.

U.S. Debt Crisis to Make the Fed ‘Irrelevant,’ Watch These Hard Assets Get ‘Unleashed’ — Tavi Costa

Kitco News:  4-25-2024

Jeremy Szafron, Anchor at Kitco News, interviews Tavi Costa, a macro strategist from Crescat Capital, to discuss the pressing issues facing the 2024 economy.

They discuss the implications of high sovereign debt, the Federal Reserve's response to inflation, and the rising geopolitical tensions.

Costa shares his insights on why he believes the Fed will become "irrelevant" due to unsustainable debt levels and highlights which hard assets are poised to benefit in this turbulent financial landscape.

0:00 - Introduction & Global Economic Overview

1:21 - Federal Reserve's Policy Impact

2:44 - Credit Markets & Recession Risks

 3:39 - IMF Growth Projections vs. Reality

4:38 - Fiscal Policies & Inflation Dynamics

5:34 - Stagflation Threat & Market Mispricing

6:58 - Hard Assets & Investment Opportunities

10:36 - Debasement of Fiat Currencies

18:34 - Global Economic Shifts & Opportunities

25:05 - Final Thoughts on Economic Outlook

https://www.youtube.com/watch?v=YZm6-Yd_ebQ

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Some “Thursday News” Posted by TNT Members 4-25-2024

TNT:

CandyKisses:  US threats close the Iraqi stock exchange at a loss

Economy News - Baghdad

The Iraqi stock exchange closed the weekend session, losing 0.35%, as a result of security developments in northern Iraq after the threat of the United States of America, strikes inside Iraq.

The bourse's main index reached 1,006.5, trading 890 million shares, worth 1.1 billion dinars, through 817 deals, on the shares of 40 companies.

As for the most active companies in terms of traded shares, the Middle East Bank topped the list with 200 million shares, worth about 243 billion dinars, and the Iraqi Islamic Bank with 182 million shares.

TNT:

CandyKisses:  US threats close the Iraqi stock exchange at a loss

Economy News - Baghdad

The Iraqi stock exchange closed the weekend session, losing 0.35%, as a result of security developments in northern Iraq after the threat of the United States of America, strikes inside Iraq.

The bourse's main index reached 1,006.5, trading 890 million shares, worth 1.1 billion dinars, through 817 deals, on the shares of 40 companies.

As for the most active companies in terms of traded shares, the Middle East Bank topped the list with 200 million shares, worth about 243 billion dinars, and the Iraqi Islamic Bank with 182 million shares.

Tishwash:  Analyst: Al-Sudani is the first prime minister to work around the clock

 Political analyst Alaa Al-Azzawi confirmed today, Thursday, that Prime Minister Muhammad Shiaa Al-Sudani is considered the first prime minister to work around the clock, and his closeness to citizens increased his popularity, and Iraq has never seen a prime minister this close.

Al-Azzawi told the Iraq Observer Agency that the Prime Minister was on an official visit last week in the United States of America, and the world saw how he wandered here and there and the meetings and agreements that were concluded, as well as the meetings with senior officials in the United States of America, and when he returned to Iraq at the beginning of this week, he received On Monday, Turkish President Recep Tayyip Erdogan, in addition to holding intensive dialogues, and not least, Al-Sudani’s visit to Anbar Governorate yesterday, Wednesday, and his meeting with department directors.

He pointed out that this feeling and belonging in closeness to the citizen raised the level of trust that the citizen lost during two decades, in addition to the presence of general satisfaction with the general policy of the ministerial cabinet, which is considered the first government close to the people.  link

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

CandyKisses:  Deputy: The development road will reduce the transport of goods from Basra to the heart of Europe by 72 hours

Deputy: The development road will reduce the transport of goods from Basra to the heart of Europe by 72 hours

Information / Baghdad

MP Mudar Al-Karawi confirmed on Thursday the existence of 3 advantages of the Iraqi development road. 

Al-Karawi said in an interview with Al-Maalouma that "the development road is a strategic development project that will start from the ports of Basra towards Turkey and from there to the heart of Europe with land tracks, railways and investments that may reach $ 18 billion."

He added, "The road is characterized by 3 important points, most notably reducing the extent of transporting goods from Basra to the heart of Europe in 72 hours, while all similar projects in the region have a double trip in terms of time, cost and logistical challenges, which makes the development road the most important genealogy."

He pointed out that "many countries have expressed their desire to have significant investments in projects on the development road, which will be implemented in 2025."

The development road is one of the strategic projects in Iraq, which will launch its first phase during 2025.

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

Tishwash:  Will the agreements signed with the US Treasury reflect positively on the exchange rates?

Today, Thursday, economic expert Abdul Rahman Al-Mashhadani stated the possibility of Iraqi getting a green light to contract with Iranian companies that are not sanctioned by the United States, while anticipating the impact of the Central Bank’s agreement with the US Treasury on exchange rates.

Al-Mashhadani said, in an interview with Al-Iqtisad News, “The visit of the Prime Minister, Muhammad Shiaa Al-Sudani, to America is very positive, but so far the results of what was agreed upon in Washington have not appeared.”

He added: “It is hoped that the Central Bank of Iraq will announce the measures that were agreed upon in Washington, which could have a positive impact on the exchange rate,” pointing out that “the real problem of exchange rates has not yet been solved, which is dealing in trade with banned countries.” .

The economic expert explained, “The economic aspect was the main focus of Sudanese’s visit to Washington, and it became clear through the meetings and discussions held by the Central Bank of Iraq, with the US Treasury regarding the sanctions imposed on Iraqi banks or even the issue of financial transfers to Iran, in addition to the required investments, which "It is possible to sign in the energy field."

He stressed, "Iraq got the other light by contracting with unsanctioned Iranian companies, which allowed the Ministry of Electricity to sign a contract to recover Iranian gas for a period of five years, at a time when the government is heading to end this file after 3 years, according to what was announced  link

Tishwash:  The most difficult option.. Warnings of the danger of floating the Iraqi dinar without achieving an “important condition”

Economist Nabil Al-Marsoumi warned today, Thursday (April 25, 2024), of the dangers of floating the Iraqi dinar, noting that such a step could lead to the dinar witnessing a violent collapse and rampant inflation that would jump prices to insane levels.

Al-Marsoumi said in a post on the social networking site “Facebook”, followed by “Baghdad Today”, that “some are proposing a solution to address the double price of the dollar against the dinar and the existence of a large gap between the official and parallel prices through a free float of the Iraqi dinar,” indicating, “i.e. Turk.” The dinar is in the market to find its price against foreign currencies through the interaction of the forces of supply and demand.

 Al-Marsoumi added, “Such a decision has some economic positives,” adding, “But the economy should not be taken in its abstract aspect, but rather insofar as it relates to people, especially the poor.”

He continued, "In light of Iraq's lack of a national private sector that could contribute to increasing the supply of dollars in the Iraqi market, and because of the large volume of imports, which reach 67 billion dollars annually, the only party that owns the dollar is the government," explaining that "in the event that the government decides not to intervene." In the exchange market, it is expected that the dinar will witness a violent collapse and rampant inflation that will cause prices to rise to insane levels that will cause severe damage to citizens’ living standards, and the poor will become more miserable, and will later lead to social tensions and a major rift in the social peace.”

It is noteworthy that the floating exchange rate or currency float is the currency exchange rate that has been floated so that it has become completely liberalized, so the government or the central bank does not interfere in determining it directly, but rather it is released automatically in the currency market through the supply and demand mechanism that allows the price to be determined. Exchange the national currency against foreign currencies.

It is worth noting that the price of the dollar in the local markets is still experiencing a state of instability between rises and falls, even though the official price in the Central Bank of Iraq is 132,000 dinars per 100 dollars, but in the local markets it is witnessing an increase of more than ten points and may at times reach double this.

The number is despite the numerous measures and packages launched by the Central Bank of Iraq, where some attribute that the reason for this confusion in prices is the result of smuggling operations and speculation in the black market for currenclink

**********

Tishwash:  Will the US withdraw from Iraq?

For the Biden administration, the primary concern regarding Iraq is to avoid a recurrence of the chaotic scenes witnessed during the withdrawal from Afghanistan

 It is being speculated that Israel's ongoing attacks on Gaza since October have prompted a reassessment of the United States' regional policies, sparking discussions within the Joe Biden administration about the potential withdrawal of U.S. troops from Syria and Iraq.

Allegations initially raised by major media outlets like Reuters earlier in the year have resurfaced in light of recent developments in the region.

While these claims have not been officially verified, conflicting statements are emerging from official sources regarding the matter. It is widely recognized that the U.S. Department of Defense (Pentagon) has been the most resistant to the notion of ending the "endless wars," a concept often debated during the tenure of former President Donald Trump but never actualized. However, this issue transcends mere institutional sovereignty; arguments such as the ongoing fight against Daesh no longer suffice to convince the American public to support the expenditure of their tax dollars beyond their borders.

 Furthermore, the consistent support for withdrawal in Trump's stance, coupled with his rising popularity in polls leading up to the upcoming elections, adds pressure on the Biden administration to address this matter decisively.

According to reports in the international press, the issue of U.S. withdrawal from Syria has not yet been addressed. The current focus lies on the U.S. presence in Iraq. Iraqi Prime Minister Mohammed S. Al Sudani has repeatedly stated that the mission of the U.S.-led coalition forces in the country has concluded and they should withdraw.

Additionally, the Iraqi Foreign Ministry has announced an agreement between Baghdad and Washington to establish a commission aimed at initiating discussions about the future of the U.S.-led military coalition in Iraq. This commission will be tasked with determining a timetable for the gradual withdrawal of troops and the eventual termination of the coalition's presence.

Iraq vs. Afghanistan contexts

For the Biden administration, the primary concern regarding Iraq is to avoid a recurrence of the chaotic scenes witnessed during the withdrawal from Afghanistan. As Trump emphasized, such "ineptitude" not only undermined U.S. hegemony in Afghanistan but also had repercussions extending from the Gulf to Eastern Europe. The resulting power vacuum led to new regional alliances, such as the Saudi-Iran rapprochement, which excluded the U.S. Moreover, it emboldened China and Russia in their pursuit of expanding spheres of influence.

Hawks in the U.S. assert that a scenario akin to the "apocalypse" witnessed in Afghanistan would unfold should they withdraw from Iraq. However, the contexts of the two nations differ significantly. Despite enduring years of U.S. occupation, Iraq maintains a functional state apparatus and an integrated democratic political system, setting it apart from Afghanistan. Moreover, its economy is self-sustaining.

The impediments to normalization in Iraq include not only the presence of the U.S. and proxy groups like the PKK but also Iran's military presence in the region. 

In this context, Türkiye's role proves invaluable. Ankara boasts seamless political, commercial and cultural ties not only with Iraq's central government but also with the Kurdistan Regional Government (KRG) in the north. President Recep Tayyip Erdoğan's recent visit to Iraq unequivocally underscored Türkiye's pivotal role in fostering stability in the country.

Should the mutual occupation by the U.S. and Iran in Iraq cease, Türkiye could naturally assume a significant role as a mediator in the transitional phase. Such dialogue would serve as a crucial cornerstone for regional peace.  link

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Thursday Afternoon 4-25-2024

KTFA:

RMF: Probably just another coincidence but same date as ascension to WTO:

Member of the Parliamentary Finance Committee, Haitham Al-Zahwan, announced on the 21st of this month, “There is a possibility to send the 2024 budget and approve it before the legislative recess of the House of Representatives begins next May 9.

RMF:  Just another reason to believe the rate is about to change:  Wonder if it will be retro ? President Biden has formally proposed the highest top capital gains tax in over 100 years

The proposed Biden top capital gains tax rate is more than twice as high as China’s rate.

KTFA:

RMF: Probably just another coincidence but same date as ascension to WTO:

Member of the Parliamentary Finance Committee, Haitham Al-Zahwan, announced on the 21st of this month, “There is a possibility to send the 2024 budget and approve it before the legislative recess of the House of Representatives begins next May 9.

RMF:  Just another reason to believe the rate is about to change:  Wonder if it will be retro ?
President Biden has formally proposed the highest top capital gains tax in over 100 years

The proposed Biden top capital gains tax rate is more than twice as high as China’s rate.

Clare: Urgent... Source for Al-Furat News: The Council of Ministers holds a session this afternoon

4/25/2024

An informed source revealed that the Council of Ministers will hold a session this afternoon, Thursday

The source told {Al-Furat News} agency, "The Council of Ministers will hold at one o'clock this afternoon a make-up session for a session that was missed due to Prime Minister Muhammad Shiaa al-Sudani's travel to Washington last week."

The Council of Ministers holds regular sessions every Tuesday of the week.

It is noteworthy that Prime Minister Muhammad Shiaa Al-Sudani visited Washington on April 14, lasting for about a week, during which he met with US President Joe Biden and officials in his administration, including the Minister of Defense, as well as businessmen, heads of companies, Iraqi communities in the United States, and foreign media.  LINK

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Clare:  Al-Sudani will visit Saudi Arabia at the end of this month

4/25/2024

An informed political source said on Thursday that the Iraqi Prime Minister will pay a visit to Saudi Arabia at the end of this month.

The source told Shafaq News Agency: “The visit comes to participate in the special meeting of the World Economic Forum, which will be hosted by Riyadh on April 28 and 29.”

Last week, the Iraqi Prime Minister made a visit to the United States of America that lasted for several days.   LINK

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

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

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  They are telling us on TV news about Iraq accession to WTO May 9th.  FRANK:  There you go.  Iraq [will be] part of WTO as of May 9th.

Mnt Goat   The reinstatement is coming, it won’t be years anymore and I firmly believe from what we already know and what we are now witnessing, the writing is on the wall, but just not yet. Do you hold large sums of Iraqi dinar? Are they the larger three zero notes issued after 2003?  If so, you just might be a millionaire sooner than later.  In the month of April, Iraqi reforms has made monumental leaps and bounds even since 2023. Folks, it’s about to EXPLODE!  It is now openly evident...It would be foolish to turn back now. Full speed ahead, choo-choo.

Alert! STOCK MARKET FUTURES ARE CRATERING! ECONOMY MUCH WORSE THAN "EXPECTED."

Greg Mannarino:  4-25-2024

https://www.youtube.com/watch?v=RIoNZq8wz04

Peter Schiff on 50% Gold Allocation, Economy Crash Landing, Intrinsic Value & Bitcoin Regrets

Natalie Brunell:  4-25-2024

https://www.youtube.com/watch?v=h1xoaQkPmns

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