“Tidbits From TNT” Sunday 4-28-2024
TNT:
Tishwash: Al-Sudani arrives in Riyadh to participate in the World Economic Forum
Prime Minister Muhammad Shiaa Al-Sudani arrived this Sunday morning in the Saudi capital, Riyadh, to participate in the World Economic Forum, at the invitation of Crown Prince Muhammad bin Salman bin Abdulaziz.
Al-Sudani will hold, according to a statement from his office, a copy of which {Al-Furat News} received, “on the sidelines of the forum, which is hosted by the Kingdom of Saudi Arabia under the slogan {International Cooperation, Growth, and Energy for Development,” a series of meetings with a number of leaders of countries, and with heads and representatives of major international companies specialized in The field of energy and digital technology.
The forum aims to support global dialogue and find solutions to common global challenges, and will witness the presence of a number of heads of state, and the broad participation of international experts and thinkers, from the governmental and private sectors, international organizations and academic institutions from 92 countries. link
TNT:
Tishwash: Al-Sudani arrives in Riyadh to participate in the World Economic Forum
Prime Minister Muhammad Shiaa Al-Sudani arrived this Sunday morning in the Saudi capital, Riyadh, to participate in the World Economic Forum, at the invitation of Crown Prince Muhammad bin Salman bin Abdulaziz.
Al-Sudani will hold, according to a statement from his office, a copy of which {Al-Furat News} received, “on the sidelines of the forum, which is hosted by the Kingdom of Saudi Arabia under the slogan {International Cooperation, Growth, and Energy for Development,” a series of meetings with a number of leaders of countries, and with heads and representatives of major international companies specialized in The field of energy and digital technology.
The forum aims to support global dialogue and find solutions to common global challenges, and will witness the presence of a number of heads of state, and the broad participation of international experts and thinkers, from the governmental and private sectors, international organizations and academic institutions from 92 countries. link
Tishwash: Al-Awadi: The World Economic Forum in Saudi Arabia is equal in importance to the Davos Forum
Government spokesman Bassem Al-Awadi explained that the World Economic Forum in Saudi Arabia is equivalent in importance to the Davos Forum in Switzerland, while stressing the importance of Prime Minister Muhammad Shiaa Al-Sudani’s expected participation in the World Economic Forum, which will be held on 28-29 in the Saudi capital, Riyadh.
Al-Awadi said in a press statement followed by Iraq Observer: “The Prime Minister’s visit to Saudi Arabia will be to attend the special meeting of the World Economic Forum that will be hosted by Riyadh, which is one of the largest forums and is equal in importance to the Davos Forum in Switzerland. The first title of this conference is international cooperation, growth and the energy sector from For development.”
He added, “More than a thousand important and influential figures will attend the forum held in Saudi Arabia, including a president, a leader, a political decision-maker, heads of major economic companies, thinkers and opinion makers in the governmental and private sectors around the world.”
He continued, “Therefore, this is a great opportunity for the Prime Minister to hold important, high-level meetings with world leaders and idea and policy makers in which Iraq’s current image, stability, and openness to investment and great investment opportunities in the country will be clarified. We are a country moving toward stability and need to know ourselves during The Prime Minister’s visits, which he spoke about in Washington, showed the true picture of Iraq in response to the blurry picture that some media outlets are trying to spread.”
He pointed out, “There is confusion about the Iraqi situation, and many believe that Iraq is unstable and the situation is chaotic, and this is contrary to reality. The true position must be clarified and correct relations with the outside must be built. Officials of brotherly and friendly countries are invited to visit Iraq to get to know its situation closely and in the true form that actually exists.” We tell them to visit Iraq from south to north and see the truth of the situation for yourselves and make sure that Iraq is stable and its doors are open to investment.”
Al-Awadi pointed out that “Iraq needs investments; To exploit its wealth, as well as to develop the industrial and agricultural sectors, to move from a rentier economy to a market economy, support the private sector, and provide more jobs in the private sector. During the Prime Minister’s visit to Washington, there was a delegation of businessmen in support of this trend.”
Regarding the relations between Baghdad and Riyadh, Al-Awadi explained, “Iraqi-Saudi relations are in continuous development and growth, and there was a leap last year under the government of Prime Minister Muhammad Shia’ al-Sudani, as trade exchange between the two countries jumped between one billion to one billion five hundred million dollars last year.” In the years before that, it was limited to $300 million or half a billion dollars.”
He stated, “We consider this leap in relations and cooperation a beginning, and the government is keen to expand commercial cooperation and other sectors to broader extents.” link
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CandyKisses: The Cabinet Secretariat suspends official working hours for next Wednesday
Baghdad today - Baghdad
Today, Sunday (April 28, 2024), the General Secretariat of the Council of Ministers decided to suspend official working hours next Wednesday in all ministries and institutions, coinciding with International Labor Day.
The secretariat said in a statement received by "Baghdad Today" that "it was decided to suspend official working hours on Wednesday, corresponding to May 1, 2024, in all ministries and institutions, coinciding with International Labor Day."
May 1 is International Workers' Day, an occasion in which the world's workers celebrate and demand their rights.
The story of International Labor Day began in Australia, where workers began to go out in demonstrations on April 21, 1856 to demand the limitation of 8 hours a day for work, and then demonstrations continued every year from that day in order to achieve this demand .
On May 1, 1886, more than 340,000 Americans quit work and begin a strike, and workers' protests were attacked by police forces on May 4 in Haymarket, resulting in many workers losing their lives.
In 1889, the World Workers' Congress was held, with 400 delegates attending, and a decision was made to limit 8 hours a day to work.
The Congress approved the proposal of the representative of the workers of the French city of Bordeaux Lavigen to designate May 1 as International Workers' Day, and this day began to be celebrated from 1890 to the present day.
This day has become part of the culture of all countries of the world.
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Tishwash: Sudanese Advisor: The 2024 budget has entered into force... and there is no need to send its schedules to Parliament - urgent
Today, Sunday (April 28, 2024), the financial and economic advisor to the Prime Minister, Mazhar Muhammad Saleh, commented on the implementation of the 2024 budget without its schedules being approved by Parliament.
Saleh said, to “Baghdad Today,” that “the experience of the tripartite public budgets approved under the Federal General Budget Law No. 13 of 2023 (the tripartite budget) has become a binding law to be applied regularly and in an annual hierarchy without interruption and in accordance with public finance applications in implementing the details of the general budget itself.”
In both its operational and investment aspects, and because the application of the three-year budget experience as a medium-term financial plan has been approved in our country for the first time, in accordance with a text contained in the amended Federal Financial Management Law No. 6 of 2019.”
He stated that “the general budget for the year 2024 has become obligatory to implement since the country entered its new fiscal year and in accordance with the laws and financial and economic data contained in the texts of Law No. 13 of 2023 mentioned above, including operational expenses and investment expenses for current and new investment projects, as long as they occur.” Within the general budget constants No. 13 above.
Saleh stressed, “The text stated in the Tripartite Budget Law that the executive authority submits tables related to expenditures, revenues, and the estimated deficit for the current fiscal year 2024 is a constitutional and supervisory context and falls within the duties of the legislative authority.
Based on the above, working with the constants of the Federal General Budget Law ( The tripartite budget does not conflict with the progress in implementing the requirements of the national development program, especially in implementing new projects whose allocations are approved within the law, and that this executive mechanism is the basis on which the tripartite budget philosophy was based, which provided legal flexibility in advancing the wheels of economic development projects without time delays and loss of time opportunities.
Therefore, presenting the expenditure and revenue schedules for the fiscal year 2024 is a context undertaken by the legislative authority within its constitutional oversight duties to ensure the progress of implementation of the federal tripartite budget law link
Mot: . UH OH!!!! --- Getting Payback!!!!
Mot: ... Hoping fer a Darwin Award!!!
News, Rumors and Opinions Sunday 4-28-2024
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 Sun. 28 April 2024 Compiled Sun. 28 April 2024 12:01 am EST by Judy Byington
Sat. 27 April Wolverine: Something monumental is brewing in Brazil’s financial corridors, a change so significant, but shrouded in clandestine maneuvers, that it seems almost surreal.
On Tues. 23 April an announcement was made on the official website of the Central Bank of Brazil about the advent of a new “international banking” system scheduled to launch on May 2, 2024.
What appears to be a routine update to banking infrastructure is, in fact, a veil for something much deeper. The complexities of these banking systems may escape the layman’s understanding, but the implications are clear: Brazil is on the verge of a banking revolution. This is a seismic change in the way global financial operations will interact with Brazilian mechanisms.
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 Sun. 28 April 2024
Compiled Sun. 28 April 2024 12:01 am EST by Judy Byington
Sat. 27 April Wolverine: Something monumental is brewing in Brazil’s financial corridors, a change so significant, but shrouded in clandestine maneuvers, that it seems almost surreal.
On Tues. 23 April an announcement was made on the official website of the Central Bank of Brazil about the advent of a new “international banking” system scheduled to launch on May 2, 2024.
What appears to be a routine update to banking infrastructure is, in fact, a veil for something much deeper. The complexities of these banking systems may escape the layman’s understanding, but the implications are clear: Brazil is on the verge of a banking revolution. This is a seismic change in the way global financial operations will interact with Brazilian mechanisms.
Our securities and financial transactions, which lie beyond Brazil’s borders, seem protected from this upheaval. They will continue uninterruptedly. This assurance was intended to calm nerves, but instead it raises questions. What is so transformative about this new system that other global transactions remain unchanged? Is this just a refinement of the process or are we looking at preparing for a bigger play in global financial theater?
Let’s delve deeper. A conversation that suggested an unexpected delay attributed to a possible spy infiltrating a crucial meeting. Think about it: a spy? This suggests that the risks are greater than anyone will publicly admit. Why the need for so much secrecy and intrigue unless there is a huge power play at hand?
Skye’s observation about spying inside the closed doors of the banking sector is downright ominous. It paints a vivid picture of a battlefield, where financial titans and shadowy entities face off behind the smokescreen of bureaucratic announcements.
A hearing is scheduled for the Tier4B group on Thurs. 2 May. This is a calculated move in this game of chess, a moment that could decide the fate of many. The expectation of this day is to prepare for impact.
Let’s talk about the reliability of these communications. I’m in contact with a source directly from Portugal, a source that promises unfiltered and first-hand news. This is as straightforward as it gets. The promise of “green light news” hangs over us, hinting at imminent developments that could change everything.
Consider the rapidity of the revaluation of the Kuwaiti dinar – a historical precedent that illustrates how quickly fortunes can change when conditions are right. Could Brazil’s new banking system trigger a similar event? The official narrative dismisses such possibilities, but history teaches us to look beyond the facade.
The silence of entities like the IMF and the US Treasury in the face of these imminent changes is deafening. Why the lack of confirmation or denial? Their silence could very well be an admission that something significant is on the horizon, something that could redefine power structures in global financial markets.
Now, as we approach May 2, the tension is palpable. It’s a matter of preparation. How will we respond to the changes that will come? How will the global financial community react when the full scope of Brazil’s plans becomes apparent? We must also consider the human element in this grand scheme. Carpathia’s note serves as a poignant reminder: “Believe in your dreams – never, ever give up.” This is a rallying cry for everyone caught up in these tides of change. Our dreams and our visions for the future are intertwined with these monumental shifts in power and politics.
We are on the cusp of something huge, a moment that will define the next era of global finance. The pieces are moving, the players are in position, and the game is about to change. Get ready. May 2nd is the beginning of a new battlefield
Global Financial Crisis:
China Dumps $74,000,000,000 in US Treasuries in One Year As Two BRICS Nations Say They’ve Abandoned Dollar in Mutual Trade https://dailyhodl.com/2024/04/26/china-dumps-74000000000-in-us-treasuries-in-one-year-as-two-brics-nations-say-theyve-abandoned-dollar-in-mutual-trade/
900 Bankers Dragged from Secret Meeting to GITMO – Surveillance and Swift Arrests Unleash Justice! https://gazetteller.com/insider-info-900-bankers-dragged-from-secret-meeting-to-gitmo-surveillance-and-swift-arrests-unleash-justice/
JP Morgan Chase and Bank of America suffer $4,500,000,000 in losses as unrecoverable debt soars.
Judy Note: It’s only wise to have at least a three-week supply of food, water, cash, fuel, medicine and essential items on hand for yourself and to help others in case of a disaster.
Read full post here: https://dinarchronicles.com/2024/04/28/restored-republic-via-a-gcr-update-as-of-april-28-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Bruce [via WiserNow] Iraq is going to enter the World Trade Organization...They have qualified to become a full fledge member of the WTO on May 8th...
Walkingstick The new exchange rate is determined by the CBI on behalf of the GOI...
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The new shipping cards [MasterCard], banks are giving this to all of us Iraqi citizens. It's for buying fuel and for merchandising and stores and online shopping. This is all on the television...obviously they're setting us up to give us a new exchange rate... FRANK: Those that I told you to pay attention to are telling you, due to the trip to Washington DC your national currency, your dinar, will return to its price. It will be reinstated back to what it was...
The Central Bank of Iraq's $600 Million Troubles IQD VND Rates & News
Edu Matrix: 4-27-2024
The Central Bank of Iraq's $600 Million Troubles IQD VND Rates & News - Ghost Travelers; The IMF Tax Reform for Iraq and Vietnam Opportunity for VND Investors.
The US Gov is not amused by Iraq's latest corruption, even if it is funny. We are not yet sure of the final fallout of such a scheme.
Goldilocks' Comments and Global Economic News Saturday Evening 4-27-24
Goldilocks' Comments and Global Economic News Saturday Evening 4-27-24
Good Evening Dinar Recaps,
CFTC to Hold a Commission Open Meeting April 29. On April 22, Chairman Rostin Behnam announced the Commission will hold an open meeting on Monday, April 29 at 9:30 a.m. (EDT) at the CFTC’s Washington, D.C. headquarters. The Commission will consider Final Rule “Capital and Financial Reporting Requirements for Swap Dealers and Major Swap Participants” and Final Rule “Adopting Amendments to the Large Trader Reporting Rules for Futures and Options.” 👆The above meeting has been canceled, and the CFTC has decided to speed up the process in moving this through the system inside a Commission’s seriatim process. The Commission's seriatim process is the process by which the Commission takes collective action without convening a meeting of the Commissioners. So, the capital and reporting requirements for swap dealers and participants along with adopting amendments to the large trader reporting rules for Futures and Options have been moved to the Final Rule.
Goldilocks' Comments and Global Economic News Saturday Evening 4-27-24
Good Evening Dinar Recaps,
CFTC to Hold a Commission Open Meeting April 29. On April 22, Chairman Rostin Behnam announced the Commission will hold an open meeting on Monday, April 29 at 9:30 a.m. (EDT) at the CFTC’s Washington, D.C. headquarters. The Commission will consider Final Rule “Capital and Financial Reporting Requirements for Swap Dealers and Major Swap Participants” and Final Rule “Adopting Amendments to the Large Trader Reporting Rules for Futures and Options.”
👆The above meeting has been canceled, and the CFTC has decided to speed up the process in moving this through the system inside a Commission’s seriatim process.
The Commission's seriatim process is the process by which the Commission takes collective action without convening a meeting of the Commissioners.
So, the capital and reporting requirements for swap dealers and participants along with adopting amendments to the large trader reporting rules for Futures and Options have been moved to the Final Rule.
Final Rule is the implementation phase of the legislative process, so it doesn't look like we're going to wait until May 13th for this to move into the implementation stage. CFTC Gibson Dunn SEC
Yes, this is regarding our ability to exchange Foreign Currency.
© Goldilocks
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"Temenos (SIX: TEMN) today announced that National Bank of Iraq (NBI), part of the Capital Bank Group, has successfully gone live with Temenos core banking and payments."
National Bank of Iraq and Temenos have partnered together to transition the Iraqi Banks from Legacy Systems to a Unified Core Banking and Payments Platform.
Core Banking is the back-end processing of transactions including deposits, loans, and credit processing.
This integration will streamline operations and accelerate product development for customers across the Capital Bank Group. The Capital Bank Group globally connects Iraqi banking systems.
Temenos digital products are adaptable and scalable that will allow them to work inside an Open Banking System. This new upgrade will allow Iraq to trade with Global Financial Institutions around the world. Fintech Global HCL Tech Temenos
© Goldilocks
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When Gold & Commodities Explode, Currencies Implode w/ Bill Holter | Youtube
When gold and other commodities explode to the upside, currencies begin to collapse within themselves.
This is when credit valuations begin to be measured and implemented based on new price patterns developing on the market. It is a result of old calculations and correlations falling apart.
Here, we will see currency interventions take place after the de-dollarization process provides a bridge to the new digital gold standard economy.
© Goldilocks
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The Federal Deposit Insurance Corporation on Friday said that Republic First Bank has been closed by Pennsylvania state regulators, in what the FDIC said was the first US bank failure this year. | CNN
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Air Zimbabwe Embraces ZiG Currency | Pindula
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House and Senate race to approve stablecoin legislation as interest rises | Kitco
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Chinese Investment Gold Demand Soars - Numismatic News
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HKMA Proposes Revisions to E-banking Risk Management Requirements | РИСК-АКАДЕМИЯ - АНО ДПО ИСАР | Regulation Asia
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WASHINGTON — The G7 Cyber Expert Group completed a cross-border coordination exercise on 17 April 2024. G7 authorities routinely exercise to ensure they can effectively coordinate and communicate their response in the event of a widespread cyber incident affecting the financial system. | Treasury Press Release
👆 Goldilocks pointed to this article
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Spot Crypto ETFs Set To Begin Trading in Hong Kong Next Week: Report | Daily Hodl
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4/27/2024 MissiOkie's husband Charlie passed. He was in peace and so is MissiOkie. Please pray for MissiOkie and the family. God Bless
MissiOkie is the Seeds of Wisdom Team Coordinator!
Seeds of Wisdom Team Prayer Room Link
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Basel Committee on Banking Supervision Announcement:
"BCBS will also publish new proposed guidelines for banks in the coming week on counterparty credit risk management." Capital
😔 More on this tomorrow...
© Goldilocks
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The IMF's Warning to the United States- How US Overspending Affects Gold & Crypto | Youtube
👆 Do you see how inflation is pushing people like you and me into gold and crypto adoption?
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👆 more on this tomorrow ...
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Taxing Unrealized Gains Would Obliterate The U.S. Economy | ZeroHedge
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Franklin Templeton launches Ethereum ETF, listed on DTCC | CoinTelegraph
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DTCC rules out collateral for Bitcoin-linked ETFs | CoinTelegraph
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Economist’s “News and Views” Saturday 4-27-2024
PROOF The U.S. Economy In Worse Shape Than We’ve Been Told
Atlantis Report: 4-26-2024
In a country that prides itself on openness and responsibility, a concerning reality has emerged: the actual state of the U.S. economy may be significantly worse than what official reports suggest.
Recent reports have raised concerns about the nation's financial stability. These reports have challenged the optimistic projections and cautious hope that have been dominant.
The warning signs are increasing and point toward an economy that could be on the edge of a crisis. This crisis could have far-reaching implications for both households and businesses.
Among the concerns are stagnant wage growth and skyrocketing consumer debt.
PROOF The U.S. Economy In Worse Shape Than We’ve Been Told
Atlantis Report: 4-26-2024
In a country that prides itself on openness and responsibility, a concerning reality has emerged: the actual state of the U.S. economy may be significantly worse than what official reports suggest.
Recent reports have raised concerns about the nation's financial stability. These reports have challenged the optimistic projections and cautious hope that have been dominant.
The warning signs are increasing and point toward an economy that could be on the edge of a crisis. This crisis could have far-reaching implications for both households and businesses.
Among the concerns are stagnant wage growth and skyrocketing consumer debt. With the November elections approaching, these reports have raised red flags and have severe economic implications.
Start Of Financial Crisis? Former FDIC Chief: Banks Are Still ‘Vulnerable’ | Thomas Hoenig
David Lin: 4-27-2024
Thomas Hoenig, former President of the Kansas City Fed (1991-2011), former Vice Chairman of the FDIC (2012-2018), and currently the Distinguished Senior Fellow at the Mercatus Center, says that the banking system is still "vulnerable".
Two days after the filming of this interview, regulators closed Philadelphia-based Republic First Bank on April 26.
Hoenig also discusses his outlook on the economy, inflation, and monetary policy.
*This video was recorded on April 24, 2024
1:30 - Banking sector still 'vulnerable'
12:30 - Bank run and financial collapse
14:50 - FDIC and cryptocurrency
18:05 - Inflation outlook
22:54 - Fed cuts this year?
24:10 - Why have a 2% inflation target?
28:39 - QE and inflation
29:54 - Fed policy and other central banks
31:50 - QT and asset prices
32:47 - Fed's forward guidance
36:00 - How Fed decisions are made
37:00 - Politics and the Fed
37:34 - Fed's performance in 2024
ALERT! Bank Failures Begin & as FDIC Hiding 1,000's of Insolvent Banks! GOT SILVER?!
(Bix Weir) 4-27-2024
The flood gates are open for the 2024 Global Banking Collapse! Republic First Bank just went belly up and the FDIC organized another stealth uninsured depositor bailout costing the Deposit Insurance Fund $667M.
There are Thousands of more banks in line to be shutdown before the end of the year so make sure you are OUT OF THE BANKING SYSTEM!
More News, Rumors and Opinions Saturday Afternoon 4-27-2024
TNT:
Tishwash: Sudanese at the Labor Conference: The development path is the first of its kind and will provide great opportunities
Prime Minister Muhammad Shiaa Al-Sudani said today, Saturday, during a speech he delivered at the opening of the Arab Labor Conference in Baghdad, that the development road project is the first of its kind and will provide great opportunities for work through the industries that will take place in the areas through which it will pass.
The text of Sudanese’s speech:
Everyone anticipated congratulations to the workers of the world on their holiday, the first of May, wishing them and their trade union and labor organizations further progress and prosperity.
TNT:
Tishwash: Sudanese at the Labor Conference: The development path is the first of its kind and will provide great opportunities
Prime Minister Muhammad Shiaa Al-Sudani said today, Saturday, during a speech he delivered at the opening of the Arab Labor Conference in Baghdad, that the development road project is the first of its kind and will provide great opportunities for work through the industries that will take place in the areas through which it will pass.
The text of Sudanese’s speech:
Everyone anticipated congratulations to the workers of the world on their holiday, the first of May, wishing them and their trade union and labor organizations further progress and prosperity.
The world is witnessing crises whose impact has been reflected on the global economy and the social, psychological and economic situation of the peoples of the Arab Organization, and has negatively affected labor productivity.
The Arab Action Conference held in Baghdad bears additional responsibilities beyond those that previous conferences used to discuss.
It is necessary to work to improve the performance of labor market institutions and elements, and to build a qualitative relationship between educational outcomes and labor market needs.
Women must be attracted to work as a productive force that cannot be stopped, and child labor must be limited.
We stress the importance of adopting new production methods, raising the level of workers and institutions, creativity, innovation, and cooperation with modern technology.
Our current government has launched many strategies and initiatives that will improve the reality of work and workers.
We launched the “National Strategy to Reduce and Prevent Inequalities in the World of Work for 2024-2028” in cooperation with the International Labor Organization.
We launched employment and development initiatives for various categories, foremost of which is the “Riyada” initiative, to qualify young people and introduce them to the labor market.
The youth group represents 60% of our society, and is the backbone of the labor movement.
We established the Iraq Fund for Development with huge capital in order to create an investment environment that provides thousands of job opportunities.
The success of the Baghdad conference depends on the seriousness of the participation of the organizations of the three production parties and on social dialogue.
The government is working on drawing future visions regarding new economic sectors, such as the green economy, the digital economy, the knowledge economy, and the blue economy, that is, water bodies, rivers, and others.
We look forward to building modern business institutions; To achieve a qualitative leap in performance, legislation, oversight and occupational safety in a manner consistent with the goals of sustainable development.
Integration between Arab countries can provide a labor market that accommodates all those capable of working.
We launched the development road project, which will provide many job opportunities, through the industries that will be localized in the areas it passes through. link
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Deepwoodz Article: "Governmental and private banks will showcase their services tomorrow during Financial Inclusion Week" They’ve used this term many times but now we have a financial inclusion week?! Nice. We all know the only way to be completely inclusive is to change the rate. It’s also the only way to eliminate the parallel market...The rate is the icing on the completed cake of the MR.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV says the Iraqi banks now have an advanced Swift system for high cash profit handling. FRANK: That's really good because you didn't have that before because you didn't have any high value to your currency. But now you're about to explode it...It's not like you have to read between the lines, just read the lines...
PREPARE NOW for What Comes Next with the U.S. Economy:
Sachs Realty: 4-27-2024
The Federal Reserve will struggle to make the right choice and even then, it won't matter.
Economic reset may be the only option for the U.S. Economy.
MASSIVE Tax HIKES are Coming in 2025 | Biden Budget Proposal Calls for Multiple Tax Hikes
Lena Petrova: 4-26-2024
“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.
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
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.
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!
“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
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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!!!!
