News, Rumors and Opinions Tuesday AM 4-23-2024
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 Exceerpts from the Restored Republic via a GCR: Update as of Tues. 23 April 2024 Compiled Tues. 23 April 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
When the Stock Market and Crypto Markets crash, they will turn the power off (to stop the complete dissolve of the Global Financial Market). Space Force and StarLink have confirmed they are ready and prepared to turn the power back on (using Tesla Free Energy – making the World energy independent). This will cripple the Elites’ control over energy and finance (by instigating the Global Currency Reset) and will free us, the debt slaves.
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 Exceerpts from the Restored Republic via a GCR: Update as of Tues. 23 April 2024
Compiled Tues. 23 April 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
When the Stock Market and Crypto Markets crash, they will turn the power off (to stop the complete dissolve of the Global Financial Market). Space Force and StarLink have confirmed they are ready and prepared to turn the power back on (using Tesla Free Energy – making the World energy independent). This will cripple the Elites’ control over energy and finance (by instigating the Global Currency Reset) and will free us, the debt slaves.
Sat. 20 April Charlie Ward: “The reset will happen after the collapse of the Euro and dollar under Joe Biden.”
Sun evening 21 April: Charlie Ward, MarkZ confirm that the Mother Contracts between buyers and sellers are happening.
Sun. evening 21 April: A bond holder in a Reno group with other 39 groups who had the same paymaster with offices in Hong Kong and New York said that last Wednesday, the paymaster got under an NDA and last night he told them to get ready for Tuesday 23 April!
Wolverine: Colombia will be (allegedly) getting their gold backed currency on Tues. 23 April. The military and G13 will (allegedly) enter on Sat. 20 April to receive their already unlocked amounts. I received news from a huge whale in Europe, who received email from Reno saying that Reno has started the process.
TNT Tony: The process (allegedly) started in Iraq Fri. evening. 19 April.
Mexico Confirmed all banks closed for five days: All banks will close their doors for 5 days and no operations will be possible. https://www.cronista.com/mexico/actualidad-mx/confirmado-todos-los-bancos-cerraran-sus-puertas-por-5-dias-y-no-se-podra-hacer-ninguna-operacion/
Mon. 22 April XRPLion on Zim Redemption: https://bestnewshere.com/dave-xrplion-brand-new-zim-bonds-mind-melt-1st-time-price-revealed-must-watch-trump-news/
Global Financial Crisis:
Mon. 22 April US Dollar on Collision Course to Destruction, Mike Adams: https://beforeitsnews.com/economy/2024/04/the-dollar-is-on-a-collision-course-with-total-destruction-mike-adams-3109810.html
Mon. 22 April: Black Swan Event – Protocol 19 – NESARA – GESARA – Revolution – Trust the Plan! – American Media Group (amg-news.com)
Read full post here: https://dinarchronicles.com/2024/04/23/restored-republic-via-a-gcr-update-as-of-april-23-2024/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says that from the CBI the United States of America reconstruction on Iraqi banks will be lifted soon. FRANK: That is a powerful statement...They're already lifted. It just has to be made official...
Militia Man Al-Sudani has rocked it. They showcased this country like they've never done before. We've never seen this. Anybody that's been in this investment since 2003 has never witnessed what we're witnessing today...If they were going to come out at 1310 dinar to try to do all the things they're doing right now the world would be just like they were in Kuwait - crickets. This is powerful. Wonderful.
The Iraqi Prime Minister is Talking in Code
Edu Matrix: 4-22-2024
The Iraqi Prime Minister is Talking in Code Here's What He's Saying - The Iraqi PM is talking in "Banking Language" He's telling us the rate will increase - until now many of us didn't hear him.
Reporting the news; Now it's time to report on the words he said.
Why does the Iraqi PM keep meeting with JP Morgan? We must keep an eye on JP Morgan internal and external actions.
MilitiaMan: Iraqi Dinar - IQD Update - Development Road Project - Saviour of Global Banking & Financial System
Iraqi Dinar - IQD Update - Development Road Project - Saviour of Global Banking & Financial System
MilitiaMan and Crew: 4-22-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraqi Dinar - IQD Update - Development Road Project - Saviour of Global Banking & Financial System
MilitiaMan and Crew: 4-22-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Currency Insider Iraqi Dinar – Dong Late Monday Evening 4-22-24
Currency Insider Iraqi Dinar – Dong Late Monday Evening 4-22-24
Iraqi dinar ok done it’s time for excitement – 2:40
Dinar Unbelievable New Exchange Rate At $2.28 Or $2.25 – 2:26
Currency Insider Iraqi Dinar – Dong Late Monday Evening 4-22-24
Iraqi dinar ok done it’s time for excitement – 2:40
Dinar Unbelievable New Exchange Rate At $2.28 Or $2.25 – 2:26
Iraqi dinar ok done it’s time for excitement – 2:40
Dinar Unbelievable New Exchange Rate At $2.28 Or $2.25 – 2:26
Iraq Economic News and Points to Ponder Late Monday Evening 4-22-24
Iraq Economic News and Points to Ponder Late Monday Evening 4-22-24
Parliamentary Finance Expects The Dollar Exchange Rate To Stabilize Within Its Current Limits
Time: 04/22/2024 12:25:40 Read: 2,847 times {Economic: Al-Furat News} A member of the Parliamentary Finance Committee expected the dollar exchange rates to stabilize at their current limits of 1,470 dinars.
Haitham Al-Zahwan told Al-Furat News Agency, "We expect that the dollar exchange rates will remain within these limits and prices."
He added, "We expect these prices to remain within the current rates, but we cannot witness a decline in them as long as there is currency smuggling. LINK
The Iraqi Central Governor Reveals The Plan To Reform The Banking System And Talks About “Sanctions”
Economy News – Baghdad Today, Monday, the Governor of the Central Bank of Iraq presented a plan to reform the banking sector in Iraq, and while he touched on the issue of sanctions on Iraqi banks, he stressed that these measures did not threaten the Iraqi economy.
The Governor of the Central Bank, Ali Al-Alaq, said in a televised interview followed by “Al-Iqtisad News” that “the current Iraqi government is very focused on the economic dimension and renaissance, and the expansion of infrastructure and services,” indicating that “this matter requires the presence of an active and effective financial sector that can To accompany, activate, organize and finance, so this file goes hand in hand with the government’s plan within the framework of economic reform.”
Iraq Economic News and Points to Ponder Late Monday Evening 4-22-24
Parliamentary Finance Expects The Dollar Exchange Rate To Stabilize Within Its Current Limits
Time: 04/22/2024 12:25:40 Read: 2,847 times {Economic: Al-Furat News} A member of the Parliamentary Finance Committee expected the dollar exchange rates to stabilize at their current limits of 1,470 dinars.
Haitham Al-Zahwan told Al-Furat News Agency, "We expect that the dollar exchange rates will remain within these limits and prices."
He added, "We expect these prices to remain within the current rates, but we cannot witness a decline in them as long as there is currency smuggling. LINK
The Iraqi Central Governor Reveals The Plan To Reform The Banking System And Talks About “Sanctions”
Economy News – Baghdad Today, Monday, the Governor of the Central Bank of Iraq presented a plan to reform the banking sector in Iraq, and while he touched on the issue of sanctions on Iraqi banks, he stressed that these measures did not threaten the Iraqi economy.
The Governor of the Central Bank, Ali Al-Alaq, said in a televised interview followed by “Al-Iqtisad News” that “the current Iraqi government is very focused on the economic dimension and renaissance, and the expansion of infrastructure and services,” indicating that “this matter requires the presence of an active and effective financial sector that can To accompany, activate, organize and finance, so this file goes hand in hand with the government’s plan within the framework of economic reform.”
He added, "Iraq has a very large financial relationship with the United States of America, given that the oil resources that form the basis of the Iraqi state's budget come from the export of oil via the dollar, and this is what is agreed upon globally," pointing out that "the first stop for Iraqi funds is in the Federal Reserve." The central bank then deals with these funds by investing them in various areas inside the United States and abroad in central banks of other countries.”
The Governor of the Central Bank continued, “There is diversity in the nature of these reserves, such as geographical and qualitative diversity in these investments, which are in the form of bonds, gold, goods, and others.”
Regarding the issue of financial reform in Iraq, Al-Alaq explained, “Iraq has a multi-faceted program in this framework, as the first aspect is harmony, adaptation, the adoption of international standards in financial transactions, and the application of compliance rules and laws related to combating money laundering and terrorist financing,” stressing that “there is interest.” Dollin is very focused on ensuring that transactions are free of any violations, violations, or suspicious issues.”
He continues by saying: “Given that the financial relationship with the United States of America is broad and large, the Iraqi financial system must be protected, as well as the system in America, and any money laundering or terrorist financing operations must be prevented from entering through it,” noting that “there is continuous coordination and common understanding, throughout the years.”
The past in order to achieve this goal, which includes the presence of broad plans and programs, relying on international consultations and contracting with major offices specialized in this field, with which the Central Bank is organizing these matters in order to achieve the great goal, which gives positive messages to financial institutions all over the world.
As for the second matter, he stated, “This matter revolves around reforming the banking sector itself, and many details revolve around it with plans being worked on, starting with government banks such as Al-Rashid, Al-Rafidain, Al-Sina’i and Agricultural, which constitute 80% of the Iraqi banking sector,” adding by saying:
"If we want to think about the reform process, we have to start from the largest part, as it was agreed in direct coordination with the Prime Minister, the government, and the Central Bank to reform these banks, through a large plan that is now underway in contract with one of the large international companies, which includes restructuring."
He continued his speech, saying, “There is a great focus on targeting the structure to advance these banks by introducing strategic partners from outside Iraq, who have accumulated experience in this field,” stressing that “there are clear desires from some internationally accredited banks to participate in this field, and we are still awaiting a study.
” The company in charge of this matter in order to attract investors from inside Iraq, as it will be like public joint-stock companies that absorb capital from within the country, in addition to the necessity of having a strategic partner to modernize government bank departments in a way that reaches the advanced level.”
He pointed out, “Government banks were very late due to the circumstances that the country went through, and it is necessary to keep pace with the process of major changes,” explaining that “the detailed study of this project will be presented in the eighth month, and then there will be clarity about the road map and the next steps so that appropriate measures can be taken.” "In this regard."
Al-Alaq stated, “This is one of the things that was discussed during the meeting with the US Treasury, and it was very welcomed by all parties, not just in the United States, as it is an existing and ongoing question by the parties of international institutions.”
Regarding the US sanctions on Iraqi banks, he added: “We have a close relationship with the US Federal Bank, and what happened was the emergence of a list of bank names, where the issue was not imposing sanctions on these banks, or including them in the sanctions list, but rather depriving them of dealing in dollars only.”
Pointing out that “the Central Bank took a serious look at the merits of the issue and how to take future measures, and this is part of the dialogue that took place, whether it was in the presence of the Prime Minister with the US Treasury, or even during the meetings held by the Central Bank with the US Federal Reserve.”
He noted, "Violations in the banking sector exist, and may occur, and this is the work of the Central Bank constantly, as we have a committee specialized in fines and penalties, which receives inspectors' reports, and imposes these fines on an ongoing basis in accordance with the Money Laundering and Anti-Terrorism Law."
Regarding the repercussions of this suspension on the Iraqi economy, Al-Alaq stated, “This suspension certainly has negative effects, but it will not threaten the Iraqi economy, especially since external transfer operations and the exchange rate continue normally.”
As for the fictitious companies that sell the dollar, the Governor of the Central Bank stated, “These phenomena exist in other countries as well, and due to technical developments and dealing through websites, they are an opportunity for fraud at the same time, and the Central Bank has a careful follow-up of these matters and they are reported in the judiciary.” Considering the use of these means to trap others, we warn against them.”
Al-Alaq touched on government debts, explaining: “The current government focused on the external debt, which amounts to a minimum of $9 billion to multiple parties, which is the lowest over the past years due to continuous repayments. As for the domestic debt, it has reached approximately 70 trillion dinars.” 336 views 04/22/2024 - https://economy-news.net/content.php?id=42696
Iraq Sixth: The International Monetary Fund Expects Inflation Rates For Arab Countries During 2024
Economy | 11:58 - 04/22/2024 Mawazine News – Baghdad On Monday, the International Monetary Fund revealed its expectations for the inflation index for Arab countries for the year 2024, as Iraq ranked sixth among the countries of the region.
According to the Fund’s report, which Shafaq News Agency reviewed, the inflation index in Sudan was 145.5%, Egypt was 32.5%, and Yemen was 16.9%, as the highest expectations for Arab inflation rates for the current year.
While Algeria ranked fourth in the Arab world with an expected inflation rate of 7.6%, followed by Tunisia in fifth place with an expected inflation rate of 7.4%.
Iraq came in sixth place with 4%, followed by Kuwait 3.2%, Mauritania 2.8%, Jordan 2.7%, Qatar 2.6%, Saudi Arabia 2.3%, and Morocco 2.2%.
While the UAE came at 2.1%, Bahrain at 1.4%, and Oman at 1.3%, achieving the lowest expectations for Arab inflation rates for the current year.
These ratios are affected by several factors, including currency exchange pressures in some Arab countries, fluctuations in energy and food prices, and other factors specific to each country.
Last year, the International Monetary Fund expected that inflation in Arab countries would witness a relatively high rate of 9.3% in 2023, affected by various factors such as the decline in currency exchange rates for a number of Arab countries, and fluctuations in energy and food prices.
However, the report expects inflation to decline to about 3.6% during the current year, and these inflation trends underscore the complex economic landscape in which Arab countries operate and the need for careful policy management. https://www.mawazin.net/Details.aspx?jimare=246442
The Ministry Of Planning Discusses The Next Steps Of The National Development Plan (2024-2028)
Monday 22 April 2024 | Economical Number of readings: 325 Baghdad / NINA / Today, Monday, the Ministry of Planning held a meeting of the Preparatory Committee to prepare the National Development Plan for the next five years (2024-2028), as part of its ongoing series of meetings in this regard, headed by the Undersecretary for Technical Affairs, Maher Hammad Johan.
A statement by the Ministry of Planning stated: “The meeting witnessed a review and discussion of the next steps of the plan, and the procedures for designing, printing, reviewing and drafting the plan with the possibility of providing support in this regard, as well as the media campaigns dedicated to the plan, and a discussion of the results that will be presented through technical support to the private sector.”
The meeting also dealt with technical support to the Statistics and Geographic Information Systems Authority regarding the labor market observatory, as well as a discussion about the steering committee for the economic reform project./ https://ninanews.com/Website/News/Details?key=1122403
To read more current and reliable Iraqi news please visit : https://www.bondladyscorner.com/
Provoking Points To Ponder on Failures and Mistakes
Failure is only an opportunity to begin again more intelligently.- Henry Ford
Disappointments are to the soul what the thunder-storm is to the air.- J. C. F. von Schiller
The wisest person is not the one who has the fewest failures, but the one who turns failures to best account.- Richard R. Grant
One of the advantages of defeat in life - maybe the main advantage - is that it provides an excuse for change. Defeat... invariably leads to new adventures.- James Reston
Failure is God's own tool for carving some of the finest outlines in the character of his children.- Thomas Hodgkin
I quit being afraid when my first venture failed and the sky didn't fall down.- Allen H. Neuharth
http://famousquotesandauthors.com/topics/failures_and_mistakes_quotes.html
Iraqi Dinar Video Update Monday Evening 4-22-24
Iraqi Dinar Video Update Monday Evening 4-22-24
Iraqi Dinar Big Exchange Rate Today – 3:30
WTO Big Statement About IQD RV – 3:29
Al Sudani Globally Satetment, Internatioanally Announce – 4:57
Finally CBI Announcef Iraqi Dinar news – 3:00
Iraqi Dinar Video Update Monday Evening 4-22-24
Iraqi Dinar Big Exchange Rate Today – 3:30
WTO Big Statement About IQD RV – 3:29
Al Sudani Globally Satetment, Internatioanally Announce – 4:57
Finally CBI Announcef Iraqi Dinar news – 3:00
Iraqi Dinar Big Exchange Rate Today – 3:30
WTO Big Statement About IQD RV – 3:29
Al Sudani Globally Satetment, Internatioanally Announce – 4:57
Finally CBI Announcef Iraqi Dinar news – 3:00
KTFA Mon. Night CC: FRANK26….4-22-24….ALAK NOT SUDANI
KTFA
Monday Night Conference Call
FRANK26….4-22-24…..ALAK NOT SUDANI
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE= IMPLEMENTATION
KTFA
Monday Night Conference Call
FRANK26….4-22-24…..ALAK NOT SUDANI
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE= IMPLEMENTATION
Iraqi Dinar Today Video Updates Monday Afternoon 4-22-24
Iraqi Dinar Today Video Updates Monday Afternoon 4-22-24
WOW Massive Update For All Iraqi Dinar Investor RV Happens 12 Hours – 2:50
WOW WOW Finally Announced On Tv – 5:02
US Federal Bank, Trade Bank & Citibank Display THE IQD New Exchange Rate On Screen - 3:00
Finally CBI Announced IQD RV And New Exchange Rate – 4:20
Iraqi Dinar Today Video Updates Monday Afternoon 4-22-24
WOW Massive Update For All Iraqi Dinar Investor RV Happens 12 Hours – 2:50
WOW WOW Finally Announced On Tv – 5:02
US Federal Bank, Trade Bank & Citibank Display THE IQD New Exchange Rate On Screen - 3:00
Finally CBI Announced IQD RV And New Exchange Rate – 4:20
WOW Massive Update For All Iraqi Dinar Investor RV Happens 12 Hours – 2:50
WOW WOW Finally Announced On Tv – 5:02
US Federal Bank, Trade Bank & Citibank Display THE IQD New Exchange Rate On Screen - 3:00
Finally CBI Announced IQD RV And New Exchange Rate – 4:20
Goldilocks' Comments and Global Economic News Monday Evening 4-22-24
Goldilocks' Comments and Global Economic News Monday Evening 4-22-24
Good Evening Dinar Recaps,
ISO 20022 UPGRADE OF SWIFT MESSAGES FOR MONEY SETTLEMENT ANNOUNCEMENT:
"To act in concert with the global standard of adopting ISO 20022 in SWIFT and Hong Kong RTGS for payment-related SWIFT messages, OTC Clear has planned to migrate money settlement messages from existing SWIFT MT messages to ISO 20022 XML-based message ("MX messages") on 22 April 2024."
On April 22nd, 2024, the Society for Worldwide Interbank Financial Telecommunications and Real Time Gross Settlements is upgrading to the ISO20022 messaging system.
The Hong Kong Interbank Clearing Limited and the Hong Kong Securities Clearing Company Limited will soon after do a market-wide testing to make sure the clearing systems of the East and West are synchronized.
Goldilocks' Comments and Global Economic News Monday Evening 4-22-24
Good Evening Dinar Recaps,
ISO 20022 UPGRADE OF SWIFT MESSAGES FOR MONEY SETTLEMENT ANNOUNCEMENT:
"To act in concert with the global standard of adopting ISO 20022 in SWIFT and Hong Kong RTGS for payment-related SWIFT messages, OTC Clear has planned to migrate money settlement messages from existing SWIFT MT messages to ISO 20022 XML-based message ("MX messages") on 22 April 2024."
On April 22nd, 2024, the Society for Worldwide Interbank Financial Telecommunications and Real Time Gross Settlements is upgrading to the ISO20022 messaging system.
The Hong Kong Interbank Clearing Limited and the Hong Kong Securities Clearing Company Limited will soon after do a market-wide testing to make sure the clearing systems of the East and West are synchronized.
Once this interface is complete and tested, the new settlement messaging system for tokenized assets through Stablecoins, already tested and regulated, in Hong Kong will be able to move digital money in cross-border International trades. This will enable foreign currency exchanges to take place on this new Digital Financial Settlement System. HKEX Adenza
© Goldilocks
👆Today
~~~~~~~~~
There's even more good news for Hong Kong's upgrade to ISO 20022 and their new listings.
The China Securities Regulatory Commission said it will facilitate Hong Kong listings by leading Chinese companies.
CSRC said it will expand the Stock Connect cross-border investment scheme by placing Hong Kong's new listings on the Shanghai Stock Exchange International Financial Centre. SCMP
© Goldilocks
~~~~~~~~~
There are three trends taking place on our Global Markets. These three trends have not been seen before in history.
We have new tokenized assets onboarding the trading system through ETFs, we have the dollar that has continued to rise, and we have gold that is continuing to rally.
These two major assets (dollar and new ETFs) would have at one time held the price of gold down, but we are not seeing this take place and the repercussions of this fact tell us we are sailing into new headwinds inside our Global Markets.
So far, our markets seem to be pricing in these new changes or shall I say new transitions of our economy. This is why following the new digital economy as it completes its final phases of development is so important.
Old indicators and fundamentals no longer apply and new ones are beginning to surface. This indicates a transition is taking place inside the entire economy, but you have to know what you're looking for inside the new digital asset-based trading system.
Current indications are showing us that our new correlated asset trends are beginning to work together instead of adversely. If these new trends continue, our markets will have moved from negative correlations to positive ones.
What does this mean as far as watching for changes happening on the market in our current world? It means we have to look for and when the QFS is finally completed its connections. Once its development is complete, we will then know the real values as they are turned on inside the new digital economy. VanEck
Time will tell.
© Goldilocks
~~~~~~~~~
"With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries."
Today, JP Morgan Chase's Jamie Dimon met with executives from the World Bank Group and several other multilateral development lenders.
They are currently working on ways to pull private money into new jobs through their new Green Bond initiatives across Emerging Markets. The World Bank and the IMF are actively involved in these meetings as well. The World Bank in the IMF are two major players that will announce the Bretton Woods III agreement.
This will provide liquidity for several countries outside of the United States and provide movement forward in resetting/leveling the playing field for their local economies across all market sectors including Forex. Finance Yahoo World Bank
© Goldilocks
~~~~~~~~~
Currency devaluations on a global scale is really picking up steam. We are about to see currency interventions begin to take place on a massive scale.
This does not mean we're about to see a revaluation many of you are looking for going forward. It just means that Credit Valuation Adjustments are about to begin on every sector of the market including Forex.
We could see some currency price adjustments, but we are looking for those CVAs to be backed by real values based on the release of caps on gold. CNBC Transwap
© Goldilocks
~~~~~~~~~
China is dumping U.S. treasuries and buying Gold | FX Street
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Are the days of dollar love ending? - Opinion News | The Financial Express
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Quant Network CEO: 2024 Is The Year Of Institutional Adoption Of Blockchain | Business Upturn
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Anthony Scaramucci remains bullish on Bitcoin’s long-term performance.
He compares its development to the beginnings of the Internet and Amazon shares. | Crypto News Flash
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Cryptocurrencies: Why You Shouldn't Overlook Dogecoin (DOGE) and Retik Finance (RETIK) in 2024 - Crypto Daily
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Are the BRICS and their New Development Bank offering alternatives to the World Bank, the IMF, and the policies promoted by the traditional imperialist powers? | CADTM
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The Progression of Exchange: Cryptocurrencies and the Future of Transactions - Eye On Annapolis
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What are Green Bonds and How Can They Fight the Climate Crisis? | The Climate Reality Project
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“Seeing some confusion on next steps with the SEC vs. Ripple case.
To clarify – Ripple will file its response to the SEC’s request for penalties by April 22nd and the SEC has until May 6th to reply.”
* KC Trader
~~~~~~~~~
“The authorities substantially tightened macroeconomic policies in 2023 and into the first quarter of 2024. They are beginning to reap the fruits of the adjustment in the form of a stable exchange rate and declining inflation. Nonetheless, the remaining adjustment required to keep debt on a sustainable path is significant, financing needs are high, and foreign reserves have fallen.
“The authorities and the staff team reached an agreement on most policies to underpin the requested arrangement under the ECF. They reached an understanding on the authorities’ development objectives and reforms needed to achieve macroeconomic stability and maintain debt sustainability.
IMF Staff Concludes Mission to Sierra Leone | IMF
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XRP NEWS PROOF RIPPLE & SWIFT ARE UNLOCKING $27 TRILLION | Youtube
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Economist’s “International News and Views” Monday 4-22-2024
Japan Asks America For PERMISSION To Save Its Currency As The Strong Dollar Wrecks Everything
Sean Foo: 4-22-2024
Japan and South Korea are in panic mode, both running to the US Treasury to gain approval for currency intervention. As the dollar continues to strengthen, global currencies in the world are starting to fall fast.
Here's why we are facing a global currency crisis today and how bad things can get for the global economy.
Japan Asks America For PERMISSION To Save Its Currency As The Strong Dollar Wrecks Everything
Sean Foo: 4-22-2024
Japan and South Korea are in panic mode, both running to the US Treasury to gain approval for currency intervention. As the dollar continues to strengthen, global currencies in the world are starting to fall fast.
Here's why we are facing a global currency crisis today and how bad things can get for the global economy.
BRICS Will ACCELERATE Launch of Its Financial System Following Russian Asset Seizure, Sanctions
Lena Petrova: 4-22-2024
BRICS on the rise: Why the UN is failing?
Fastepo: 4-21-2024
Internationally, there is a mixed view regarding the United Nations (UN) and its effectiveness, particularly from the BRICS nations and other parts of the Global South.
These countries often see the UN as being dominated by Western interests, particularly those of the United States, and criticize it for not adequately representing the interests of a multipolar world.
For instance, at various forums, leaders like Vladimir Putin have proposed reforms such as including African nations as permanent members of the UN Security Council to better reflect the current global dynamics.
The BRICS group itself is seen as a potential platform to foster a new world order that could challenge Western dominance in global affairs. This is exemplified by initiatives like the New Development Bank, established by BRICS to offer an alternative to Western-dominated financial institutions like the World Bank and the IMF.
Such moves underscore a desire among these nations to reduce their reliance on the US dollar and increase their autonomy in international financial systems.
In this video, we explore the reasons behind the United Nations' (UN) operational challenges and examine criticisms from the Global South. We will also discuss the limitations of the current international system and consider alternative organizations that could potentially replace the UN.
More News, Rumors and Opinions Monday PM 4-22-2024
KTFA:
Clare: Two Gulf ministers arrive in Baghdad to sign the development road agreement with Erdogan
4/22/2024
The Qatari Minister of Transportation, Jassim bin Saif Al-Sulaiti, and the Emirati Minister of Energy and Infrastructure, Suhail Al-Mazrouei, arrived in the capital, Baghdad.
The two Gulf ministers will participate in the signing ceremony of a quadripartite agreement between Iraq, Turkey, Qatar and the UAE on the path to development.
Erdogan arrived this morning in the capital, Baghdad, and was received by Prime Minister Muhammad Shiaa Al-Sudani at Baghdad International Airport.
KTFA:
Clare: Two Gulf ministers arrive in Baghdad to sign the development road agreement with Erdogan
4/22/2024
The Qatari Minister of Transportation, Jassim bin Saif Al-Sulaiti, and the Emirati Minister of Energy and Infrastructure, Suhail Al-Mazrouei, arrived in the capital, Baghdad.
The two Gulf ministers will participate in the signing ceremony of a quadripartite agreement between Iraq, Turkey, Qatar and the UAE on the path to development.
Erdogan arrived this morning in the capital, Baghdad, and was received by Prime Minister Muhammad Shiaa Al-Sudani at Baghdad International Airport.
The visit will last one day and will witness discussion of water, economic and security files, the development road project, developments in the situation in the region, and the signing of a bilateral strategic framework agreement aimed at expanding the partnership in the economic and trade fields, exchanging experiences, and confronting common environmental and regional challenges. LINK
Clare: The Iraqi Central Governor reveals the plan to reform the banking system and talks about “sanctions”
4/22/2024 - Baghdad
Today, Monday, the Governor of the Central Bank of Iraq presented a plan to reform the banking sector in Iraq, and while he touched on the issue of sanctions on Iraqi banks, he stressed that these measures did not threaten the Iraqi economy.
The Governor of the Central Bank, Ali Al-Alaq, said in a televised interview followed by “Al-Iqtisad News” that “the current Iraqi government is very focused on the economic dimension and renaissance, and the expansion of infrastructure and services,” indicating that “this matter requires the presence of an active and effective financial sector that can To accompany, activate, organize and finance, so this file goes hand in hand with the government’s plan within the framework of economic reform.”
He added, "Iraq has a very large financial relationship with the United States of America, given that the oil resources that form the basis of the Iraqi state's budget come from the export of oil via the dollar, and this is what is agreed upon globally," pointing out that "the first stop for Iraqi funds is in the Federal Reserve." The central bank then deals with these funds by investing them in various areas inside the United States and abroad in central banks of other countries.”
The Governor of the Central Bank continued, “There is diversity in the nature of these reserves, such as geographical and qualitative diversity in these investments, which are in the form of bonds, gold, goods, and others.”
Regarding the issue of financial reform in Iraq, Al-Alaq explained, “Iraq has a multi-faceted program in this framework, as the first aspect is harmony, adaptation, the adoption of international standards in financial transactions, and the application of compliance rules and laws related to combating money laundering and terrorist financing,” stressing that “there is interest.” Dollin is very focused on ensuring that transactions are free of any violations, violations, or suspicious issues.”
He continues by saying: “Given that the financial relationship with the United States of America is broad and large, the Iraqi financial system must be protected, as well as the system in America, and any money laundering or terrorist financing operations must be prevented from entering through it,” noting that “there is continuous coordination and common understanding, throughout the years.” The past in order to achieve this goal, which includes the presence of broad plans and programs, relying on international consultations and contracting with major offices specialized in this field, with which the Central Bank is organizing these matters in order to achieve the great goal, which gives positive messages to financial institutions all over the world.
As for the second matter, he stated, “This matter revolves around reforming the banking sector itself, and many details revolve around it with plans being worked on, starting with government banks such as Al-Rashid, Al-Rafidain, Al-Sina’i and Agricultural, which constitute 80% of the Iraqi banking sector,” adding by saying: "If we want to think about the reform process, we have to start from the largest part, as it was agreed in direct coordination with the Prime Minister, the government, and the Central Bank to reform these banks, through a large plan that is now underway in contract with one of the large international companies, which includes restructuring."
He continued his speech, saying, “There is a great focus on targeting the structure to advance these banks by introducing strategic partners from outside Iraq, who have accumulated experience in this field,” stressing that “there are clear desires from some internationally accredited banks to participate in this field, and we are still awaiting a study.” The company in charge of this matter in order to attract investors from inside Iraq, as it will be like public joint-stock companies that absorb capital from within the country, in addition to the necessity of having a strategic partner to modernize government bank departments in a way that reaches the advanced level.”
He pointed out, “Government banks were very late due to the circumstances that the country went through, and it is necessary to keep pace with the process of major changes,” explaining that “the detailed study of this project will be presented in the eighth month, and then there will be clarity about the road map and the next steps so that appropriate measures can be taken.” "In this regard."
Al-Alaq stated, “This is one of the things that was discussed during the meeting with the US Treasury, and it was very welcomed by all parties, not just in the United States, as it is an existing and ongoing question by the parties of international institutions.”
Regarding the US sanctions on Iraqi banks, he added: “We have a close relationship with the US Federal Bank, and what happened was the emergence of a list of bank names, where the issue was not imposing sanctions on these banks, or including them in the sanctions list, but rather depriving them of dealing in dollars only.” Pointing out that “the Central Bank took a serious look at the merits of the issue and how to take future measures, and this is part of the dialogue that took place, whether it was in the presence of the Prime Minister with the US Treasury, or even during the meetings held by the Central Bank with the US Federal Reserve.”
He noted, "Violations in the banking sector exist, and may occur, and this is the work of the Central Bank constantly, as we have a committee specialized in fines and penalties, which receives inspectors' reports, and imposes these fines on an ongoing basis in accordance with the Money Laundering and Anti-Terrorism Law."
Regarding the repercussions of this suspension on the Iraqi economy, Al-Alaq stated, “This suspension certainly has negative effects, but it will not threaten the Iraqi economy, especially since external transfer operations and the exchange rate continue normally.”
As for the fictitious companies that sell the dollar, the Governor of the Central Bank stated, “These phenomena exist in other countries as well, and due to technical developments and dealing through websites, they are an opportunity for fraud at the same time, and the Central Bank has a careful follow-up of these matters and they are reported in the judiciary.” Considering the use of these means to trap others, we warn against them.”
Al-Alaq touched on government debts, explaining: “The current government focused on the external debt, which amounts to a minimum of $9 billion to multiple parties, which is the lowest over the past years due to continuous repayments. As for the domestic debt, it has reached approximately 70 trillion dinars.” LINK
Suzie: He's planning to reform the banking system(s)?? Forgive my total ignorance but I thought this was ALL done and we're awaiting the release of a new exchange rate??
DeepWoodz: ”The detailed study”….Im not sure how to take this. Standing on this side of the rate change makes me naturally want to say something negative, but I have to consider all the facts.
Iraq did not JUST NOW begin their banking reforms. They also did not JUST NOW begin to do a study of their monetary reform, exchange rate, or otherwise. Let’s face it, I’m pretty sure there has never been anything like what Iraq is going through right now. There are no experts that have actually done this exact thing before. It really is a monumental task that will have a global impact.
Im as ready as anyone to cash in and I wish it were that simple. Truth is though, it is happening. We are so far down this road now there is no turning back.
DPadd44: IMO I think this message from Alak is not new. IMO it was recorded earlier just my MO. In reality this has been the most exciting year ever. IMO our blessing is close. we just need to trust God. It will happen IMO. As Frank has stated many times BE PREPARED !!!!
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Al-Sudani has rocked it. They showcased this country like they've never done before. We've never seen this. Anybody that's been in this investment since 2003 has never witnessed what we're witnessing today...If they were going to come out at 1310 dinar to try to do all the things they're doing right now the world would be just like they were in Kuwait - crickets. This is powerful. Wonderful.
Nader From The Mid East 'Everybody's like, hey Nader you're there for the announcement?' There's no announcement. There's not big screens...They're going to come out with a new exchange rate maybe a little smaller for now yes...You see they talking about changing the exchange rate again. Yeah, they're going to do it soon. We'll see what it is. It could be 1000. Remember we said 1000 and then they eliminate the three zeros...You're going to have to be patient.
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LIVE! AN ECONOMIC NIGHTMARE IS RAPIDLY UNFOLDING... AND THIS IS JUST THE START OF IT.
Greg Mannarino: 4-22-2024
The Do's And Don'ts After Receiving An Inheritance
Brad Smith·Host Tue, Apr 16, 2024,
As older Americans prepare to transfer their wealth or will it to their family, what should inheritors know before receiving this large sum of money?
Wealthstream Advisors Financial Advisor Katharine George explains the do's and don'ts when inheriting wealth, which includes money and even real estate property.
"I try to stay away from rules of thumbs but I would say in general, [avoid] making big decisions. I would say wait about six months or so, especially if you're grieving," George says. "These big changes... in that short period of time when you're grieving if it was someone close to you, we don't want to make any decisions that are rash. So buying another property or going on a big vacation.
These big changes, it could be that you need these assets invested and saved for your long term or it could be you could retire tomorrow. It really depends on the personal situation but not making any of these big decisions immediately after is really important, really let the dust settle."
The Do's And Don'ts After Receiving An Inheritance
Brad Smith·Host Tue, Apr 16, 2024,
As older Americans prepare to transfer their wealth or will it to their family, what should inheritors know before receiving this large sum of money?
Wealthstream Advisors Financial Advisor Katharine George explains the do's and don'ts when inheriting wealth, which includes money and even real estate property.
"I try to stay away from rules of thumbs but I would say in general, [avoid] making big decisions. I would say wait about six months or so, especially if you're grieving," George says. "These big changes... in that short period of time when you're grieving if it was someone close to you, we don't want to make any decisions that are rash. So buying another property or going on a big vacation.
These big changes, it could be that you need these assets invested and saved for your long term or it could be you could retire tomorrow. It really depends on the personal situation but not making any of these big decisions immediately after is really important, really let the dust settle."
This post was written by Luke Carberry Mogan.
Video Transcript
BRAD SMITH: Well, the baby Boomer generation is aging. We all are, come on now. With its oldest members nearing 80 years old. And for a generation that has done quite well for themselves, that wealth is now starting to be passed down to younger generations. Gen X and millennials are slowly starting to inherit large sums of money investments or even pieces of real estate. All of this can certainly overwhelm and alter your life.
So what should you be doing with inheritance, and what are the tax implications behind the Great Wealth Transfer as well? For more, I'm joined by Katharine George, Wealthstream Advisors financial advisor. First and foremost, we should just say, appreciate your family members while they're here. Spend that time with them. Enjoy so much of that experience.
And then if you do have to get into a position where you've got to figure out what to do with this windfall of assets, now, what do you do? What is the most apt decision that people should start to make and where they can start the thought process, Katharine?
KATHARINE GEORGE: Well, Brad, I mean, there's lots of different types of assets that people invest like you just mentioned. I'd say, the number 1 question that I get from clients who just got money is, do I have to report this on my tax return? They just got $1,000 in cash. Is this taxable? The answer is no. When you receive assets, that is not taxable. It's when you sell something or when you pull from the retirement account, that's really when the taxes could come into play.
But the first decision is really to decide, should I sell this? Is this an appropriate investment for me? These types of investments can be bucketed into non-retirement assets and retirement assets. And with non-retirement assets, there's actually a big tax advantage to selling. In most cases, when someone passes away, what they paid for the asset kind of gets stepped up to the market value today, meaning that if you sell it, there's no taxes.
So there is a period of time where you can sell the investments that you receive and maybe put it into something that would be more beneficial for you. That's kind of the first tip.
BRAD SMITH: What about real estate or other illiquid assets?
To Read More:
https://finance.yahoo.com/video/dos-donts-receiving-inheritance-162116156.html