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!!!!
News, Rumors and Opinions Friday AM 4-26-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 26 April 2024 Compiled Fri. 26 April 2024 12:01 am EST by Judy Byington
Global Currency Reset: What We Think We Know as of Thurs. 25 April 2024: (RUMORS)
Thurs. 25 April Bruce: Today a Redemption Staff Leader said that the staff is going in tomorrow Fri. 26 April to be there for the 800 numbers to come out for Tier4b (us, the Internet Group), with exchange appointments to begin on Sat. 27 April.
On Fri. 19 April the Global Currency Reset process began as verified by Michael Rueben, the Paymaster over all Paymasters across the World who is based in New York.
On Sun. 21 April GCR protocols were delivered to Tier4B Internet Group lead representatives.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 26 April 2024
Compiled Fri. 26 April 2024 12:01 am EST by Judy Byington
Global Currency Reset: What We Think We Know as of Thurs. 25 April 2024: (RUMORS)
Thurs. 25 April Bruce: Today a Redemption Staff Leader said that the staff is going in tomorrow Fri. 26 April to be there for the 800 numbers to come out for Tier4b (us, the Internet Group), with exchange appointments to begin on Sat. 27 April.
On Fri. 19 April the Global Currency Reset process began as verified by Michael Rueben, the Paymaster over all Paymasters across the World who is based in New York.
On Sun. 21 April GCR protocols were delivered to Tier4B Internet Group lead representatives.
On Mon. 22 April the Iraqi Prime Minister turned over the Dinar revaluation to head of the CBI, which provided the new Iraqi Dinar Rate to the IMF, which provided it to the Forex, which had 72 hours to begin trading it on the bank back screens.
Bond Holders have begun to be paid out and made liquid. After 30% of Bond Holders have been paid out, Tier4b (us, the Internet Group) will be notified to set appointments for exchanges.
Redemption Centers and Banks have the new rates on their screens awaiting authorization to begin processing exchanges.
The Iraqi Dinar was the Kingpin to launch the Global Currency Reset of 209 countries.
“The Governor of the Central Bank of Iraq has told the citizens to prepare for a currency exchange. The citizens of Kurdistan are expecting this by Sat. 27 April.” …TNT Tony
Iraqi PM Sudani said his desire was to roll the dinar value back to the 80s and 90s, which was around $4.00 per one USD.
Countries wishing to be part of the Global Currency Reset were dropping the fiat Federal US Dollar as their basis for international trade in order to join the BRICS Alliance – the latest being Venezuela.
On Thurs. 9 May Iraq would be considered to be a part of the World Trade Organization.
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Thurs. 25 April 2024 Bruce, The Big Call The Big Call Universe (ibize.com) 667-770-1866, pin123456#
A Bond Paymaster said that starting Sat. 27 April Kurdistan and the rest of Iraq will have a new Dinar Currency Rate.
On May 8 Iraq will be part of the World Trade Organization.
Tier4b has to be going before Sun. 28 April.
This morning a Redemption Staff Leader said that the staff is going in Fri. 26 April to be there for the 800 numbers to come out for Tier4b (us, the Internet Group) exchange appointments to begin on Sat. 27 April.
Emails should go out on Fri. 26 April for Tier4b exchange appointments to begin on Sat. 27 April.
Canadian Tier4b should get the same 800 number for currency and Zim holders.
HSBC is the lead bank internationally including Canada. Wells Fargo is lead bank for the US. Bank Santago is the lead bank for South America.
Read full post here: https://dinarchronicles.com/2024/04/26/restored-republic-via-a-gcr-update-as-of-april-26-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: With corruption all over Iraq they will announce the new exchange rate and then parliament will have to do an emergency session to make the vote… There are so many crooks in our nation. This is what was preventing our new exchange rate. It’s different now. FRANK: I agree with your procession of events to occur… Everything waits for the new exchange rate especially the budget.
Militia Man Iraq has put themselves into a position that is now down to the wire for for us to get that budget to a place that they can do what they’re going to do…If they have an exchange rate that needs to facilitate all these deals…it looks like the United States and Turkey were the last two key indicators that show things are going to happen.
Bank Of America Has URGENT Warning For Account Holders
Atlantis Report: 4-25-2024
Bank of America carries significant influence in the global finance industry, and it has the power to influence investors, policymakers, and industry leaders.
Recently, the bank issued a warning to its account holders, which caused concern among investors.
Due to market volatility, the bank’s analysts have advised customers to remain alert in the coming weeks.
This volatility has severe implications for equity and other financial markets investors, who will need techniques to navigate these uncertain times.
Goldilocks' Comments and Global Economic News Thursday Evening 4-25-24
Goldilocks' Comments and Global Economic News Thursday Evening 4-25-24
Good Evening Dinar Recaps,
China's Payment Regulations Announcement: On December 9, 2023, Chinese Premier Li Qiang signed Decree No. 768 of the State Council. The People's Bank of China is giving us a look at their implementation rules for their new payment regulations. It covers risk management, e-commerce, faster mobile and computer payments, connections between central depository institutions, banking systems, monetary policies, guidelines, management of payment rules between Financial institutions, and various types of accounts. After implementation, these new regulations will be sent to Clearing House Institutions for Network inclusion and compliance directives to enforce this new payment system. This decree is China's regulations on the Supervision and Administration of Non-Bank Payment Institutions.
Goldilocks' Comments and Global Economic News Thursday Evening 4-25-24
Good Evening Dinar Recaps,
China's Payment Regulations Announcement:
On December 9, 2023, Chinese Premier Li Qiang signed Decree No. 768 of the State Council.
The People's Bank of China is giving us a look at their implementation rules for their new payment regulations.
It covers risk management, e-commerce, faster mobile and computer payments, connections between central depository institutions, banking systems, monetary policies, guidelines, management of payment rules between Financial institutions, and various types of accounts.
After implementation, these new regulations will be sent to Clearing House Institutions for Network inclusion and compliance directives to enforce this new payment system. This decree is China's regulations on the Supervision and Administration of Non-Bank Payment Institutions.
A non-bank entity provides similar services to a bank, but they do not hold a banking license. This merges the new Digital Economy with the Traditional Markets and Banking System inside our new digital economy. Peoples Bank of China
It will go into effect on May 1, 2024.
© Goldilocks
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Japan is the fourth-largest export market and trading partner of the United States with a 68 billion trading deficit.
Why this partnership is so important comes of its connection to US Dollars held within their accounts to support the Yen.
Japan is giving an imminent warning that they are going to have to prop up their currency by intervening into the markets.
This means they will be selling their dollars that they have bought over the years to support the Yen from continuing to fall in its price.
As the yen begins the process of leveling the playing field between the price of the dollar against the yen, it will begin to affect the global markets as well.
This move will cause trading deficits and appreciation with other countries around the world as the Yen begins to rise in its price.
Eventually, the move toward more reliance on their Basel 3 compliant policies over the dollar will stabilize the Yen as these temporary measures go into effect.
As we have spoke of recently in this room, we are moving into credit valuation adjustments. This is going to be a big one because of so many trading contracts take place between the US and Japan.
Volatility in the currency markets are about to begin, and they will end with the stabilization of all currencies based upon real values connected to them through gold.
If you think the recent actions to regulate and place laws on Stablecoins is a coincidence, you might want to look again. Reuters 1 Reuters 2 Trade
© Goldilocks
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This Louisiana Man Collected Over Half a Million Pennies in 45 Years | ABC News
I wish he would have sold it to an exchange center instead of a bank. Can you imagine how much he really lost on this exchange.
Copper is now a critical mineral and a global shortage metal. Know what you hold my friends. Know it's worth.
A wise investor explores exchange options.
👆4.49 per lb×2800 lb of copper= $12,572
The above is copper's current actual worth. The bank gave this man...$5,136. He lost over $7,000 on this deal.
Do your own research my friends.
© Goldilocks
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👆 Can you imagine how much this man would have had if he waited until next year to sell his copper? So sad.
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Nonbank Financial Institutions: What They Are and How They Work | Investopedia
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Stablecoin News: Top Democrat Predicts Imminent Deal On Stablecoin Regulation | Coingape
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Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg
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Venezuela demands oil purchases to be paid in #USDT to Bypass U.S Sanctions 🤨 | Twitter
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What are the Bretton Woods 3 institutions? | UN
* International Monetary Fund (IMF)
* International Finance Corporation (IFC)
* Multilateral Investment Guarantee Agency (MIGA)
* The World Bank.
* The World Trade Organization (WTO)
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Ripple to Use Stablecoin for US ODL Customers, Not XRP | The Crypto Basic
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A new web3 network is being built right now that wants to end Big Tech’s control of your data | Tech Crunch
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Navigating The Generative AI Divide: Open-Source Vs. Closed-Source Solutions | Forbes
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Mannarino Market Risk Indicator
The Dow Index has lost over 3.82% the past 4 weeks. We talked about the Markets moving down for the next three to five weeks almost a month ago. How am I doing so far?
© Goldilocks
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China's March net gold imports via Hong Kong up 40% from Feb | Zawya
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Book of Zephaniah Summary: A Complete Animated Overview | Youtube
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👆 Sound familiar? It should, what we are going through is a Biblical prophecy.
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Meaning: Hidden by God.
Zephaniah is a masculine name of Hebrew origin that means "hidden by God." This is a biblical name shared with minor prophets in the Hebrew Bible and its meaning is symbolic of God's protection.
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U.S. Debt Crisis to Make the Fed ‘Irrelevant,’ Watch These Hard Assets Get ‘Unleashed’ — Tavi Costa
U.S. Debt Crisis to Make the Fed ‘Irrelevant,’ Watch These Hard Assets Get ‘Unleashed’ — Tavi Costa
Kitco News: 4-25-2024
Jeremy Szafron, Anchor at Kitco News, interviews Tavi Costa, a macro strategist from Crescat Capital, to discuss the pressing issues facing the 2024 economy.
They discuss the implications of high sovereign debt, the Federal Reserve's response to inflation, and the rising geopolitical tensions.
Costa shares his insights on why he believes the Fed will become "irrelevant" due to unsustainable debt levels and highlights which hard assets are poised to benefit in this turbulent financial landscape.
U.S. Debt Crisis to Make the Fed ‘Irrelevant,’ Watch These Hard Assets Get ‘Unleashed’ — Tavi Costa
Kitco News: 4-25-2024
Jeremy Szafron, Anchor at Kitco News, interviews Tavi Costa, a macro strategist from Crescat Capital, to discuss the pressing issues facing the 2024 economy.
They discuss the implications of high sovereign debt, the Federal Reserve's response to inflation, and the rising geopolitical tensions.
Costa shares his insights on why he believes the Fed will become "irrelevant" due to unsustainable debt levels and highlights which hard assets are poised to benefit in this turbulent financial landscape.
0:00 - Introduction & Global Economic Overview
1:21 - Federal Reserve's Policy Impact
2:44 - Credit Markets & Recession Risks
3:39 - IMF Growth Projections vs. Reality
4:38 - Fiscal Policies & Inflation Dynamics
5:34 - Stagflation Threat & Market Mispricing
6:58 - Hard Assets & Investment Opportunities
10:36 - Debasement of Fiat Currencies
18:34 - Global Economic Shifts & Opportunities
25:05 - Final Thoughts on Economic Outlook
Some “Thursday News” Posted by TNT Members 4-25-2024
TNT:
CandyKisses: US threats close the Iraqi stock exchange at a loss
Economy News - Baghdad
The Iraqi stock exchange closed the weekend session, losing 0.35%, as a result of security developments in northern Iraq after the threat of the United States of America, strikes inside Iraq.
The bourse's main index reached 1,006.5, trading 890 million shares, worth 1.1 billion dinars, through 817 deals, on the shares of 40 companies.
As for the most active companies in terms of traded shares, the Middle East Bank topped the list with 200 million shares, worth about 243 billion dinars, and the Iraqi Islamic Bank with 182 million shares.
TNT:
CandyKisses: US threats close the Iraqi stock exchange at a loss
Economy News - Baghdad
The Iraqi stock exchange closed the weekend session, losing 0.35%, as a result of security developments in northern Iraq after the threat of the United States of America, strikes inside Iraq.
The bourse's main index reached 1,006.5, trading 890 million shares, worth 1.1 billion dinars, through 817 deals, on the shares of 40 companies.
As for the most active companies in terms of traded shares, the Middle East Bank topped the list with 200 million shares, worth about 243 billion dinars, and the Iraqi Islamic Bank with 182 million shares.
Tishwash: Analyst: Al-Sudani is the first prime minister to work around the clock
Political analyst Alaa Al-Azzawi confirmed today, Thursday, that Prime Minister Muhammad Shiaa Al-Sudani is considered the first prime minister to work around the clock, and his closeness to citizens increased his popularity, and Iraq has never seen a prime minister this close.
Al-Azzawi told the Iraq Observer Agency that the Prime Minister was on an official visit last week in the United States of America, and the world saw how he wandered here and there and the meetings and agreements that were concluded, as well as the meetings with senior officials in the United States of America, and when he returned to Iraq at the beginning of this week, he received On Monday, Turkish President Recep Tayyip Erdogan, in addition to holding intensive dialogues, and not least, Al-Sudani’s visit to Anbar Governorate yesterday, Wednesday, and his meeting with department directors.
He pointed out that this feeling and belonging in closeness to the citizen raised the level of trust that the citizen lost during two decades, in addition to the presence of general satisfaction with the general policy of the ministerial cabinet, which is considered the first government close to the people. link
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CandyKisses: Deputy: The development road will reduce the transport of goods from Basra to the heart of Europe by 72 hours
Deputy: The development road will reduce the transport of goods from Basra to the heart of Europe by 72 hours
Information / Baghdad
MP Mudar Al-Karawi confirmed on Thursday the existence of 3 advantages of the Iraqi development road.
Al-Karawi said in an interview with Al-Maalouma that "the development road is a strategic development project that will start from the ports of Basra towards Turkey and from there to the heart of Europe with land tracks, railways and investments that may reach $ 18 billion."
He added, "The road is characterized by 3 important points, most notably reducing the extent of transporting goods from Basra to the heart of Europe in 72 hours, while all similar projects in the region have a double trip in terms of time, cost and logistical challenges, which makes the development road the most important genealogy."
He pointed out that "many countries have expressed their desire to have significant investments in projects on the development road, which will be implemented in 2025."
The development road is one of the strategic projects in Iraq, which will launch its first phase during 2025.
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Tishwash: Will the agreements signed with the US Treasury reflect positively on the exchange rates?
Today, Thursday, economic expert Abdul Rahman Al-Mashhadani stated the possibility of Iraqi getting a green light to contract with Iranian companies that are not sanctioned by the United States, while anticipating the impact of the Central Bank’s agreement with the US Treasury on exchange rates.
Al-Mashhadani said, in an interview with Al-Iqtisad News, “The visit of the Prime Minister, Muhammad Shiaa Al-Sudani, to America is very positive, but so far the results of what was agreed upon in Washington have not appeared.”
He added: “It is hoped that the Central Bank of Iraq will announce the measures that were agreed upon in Washington, which could have a positive impact on the exchange rate,” pointing out that “the real problem of exchange rates has not yet been solved, which is dealing in trade with banned countries.” .
The economic expert explained, “The economic aspect was the main focus of Sudanese’s visit to Washington, and it became clear through the meetings and discussions held by the Central Bank of Iraq, with the US Treasury regarding the sanctions imposed on Iraqi banks or even the issue of financial transfers to Iran, in addition to the required investments, which "It is possible to sign in the energy field."
He stressed, "Iraq got the other light by contracting with unsanctioned Iranian companies, which allowed the Ministry of Electricity to sign a contract to recover Iranian gas for a period of five years, at a time when the government is heading to end this file after 3 years, according to what was announced link
Tishwash: The most difficult option.. Warnings of the danger of floating the Iraqi dinar without achieving an “important condition”
Economist Nabil Al-Marsoumi warned today, Thursday (April 25, 2024), of the dangers of floating the Iraqi dinar, noting that such a step could lead to the dinar witnessing a violent collapse and rampant inflation that would jump prices to insane levels.
Al-Marsoumi said in a post on the social networking site “Facebook”, followed by “Baghdad Today”, that “some are proposing a solution to address the double price of the dollar against the dinar and the existence of a large gap between the official and parallel prices through a free float of the Iraqi dinar,” indicating, “i.e. Turk.” The dinar is in the market to find its price against foreign currencies through the interaction of the forces of supply and demand.
Al-Marsoumi added, “Such a decision has some economic positives,” adding, “But the economy should not be taken in its abstract aspect, but rather insofar as it relates to people, especially the poor.”
He continued, "In light of Iraq's lack of a national private sector that could contribute to increasing the supply of dollars in the Iraqi market, and because of the large volume of imports, which reach 67 billion dollars annually, the only party that owns the dollar is the government," explaining that "in the event that the government decides not to intervene." In the exchange market, it is expected that the dinar will witness a violent collapse and rampant inflation that will cause prices to rise to insane levels that will cause severe damage to citizens’ living standards, and the poor will become more miserable, and will later lead to social tensions and a major rift in the social peace.”
It is noteworthy that the floating exchange rate or currency float is the currency exchange rate that has been floated so that it has become completely liberalized, so the government or the central bank does not interfere in determining it directly, but rather it is released automatically in the currency market through the supply and demand mechanism that allows the price to be determined. Exchange the national currency against foreign currencies.
It is worth noting that the price of the dollar in the local markets is still experiencing a state of instability between rises and falls, even though the official price in the Central Bank of Iraq is 132,000 dinars per 100 dollars, but in the local markets it is witnessing an increase of more than ten points and may at times reach double this.
The number is despite the numerous measures and packages launched by the Central Bank of Iraq, where some attribute that the reason for this confusion in prices is the result of smuggling operations and speculation in the black market for currency link
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Tishwash: Will the US withdraw from Iraq?
For the Biden administration, the primary concern regarding Iraq is to avoid a recurrence of the chaotic scenes witnessed during the withdrawal from Afghanistan
It is being speculated that Israel's ongoing attacks on Gaza since October have prompted a reassessment of the United States' regional policies, sparking discussions within the Joe Biden administration about the potential withdrawal of U.S. troops from Syria and Iraq.
Allegations initially raised by major media outlets like Reuters earlier in the year have resurfaced in light of recent developments in the region.
While these claims have not been officially verified, conflicting statements are emerging from official sources regarding the matter. It is widely recognized that the U.S. Department of Defense (Pentagon) has been the most resistant to the notion of ending the "endless wars," a concept often debated during the tenure of former President Donald Trump but never actualized. However, this issue transcends mere institutional sovereignty; arguments such as the ongoing fight against Daesh no longer suffice to convince the American public to support the expenditure of their tax dollars beyond their borders.
Furthermore, the consistent support for withdrawal in Trump's stance, coupled with his rising popularity in polls leading up to the upcoming elections, adds pressure on the Biden administration to address this matter decisively.
According to reports in the international press, the issue of U.S. withdrawal from Syria has not yet been addressed. The current focus lies on the U.S. presence in Iraq. Iraqi Prime Minister Mohammed S. Al Sudani has repeatedly stated that the mission of the U.S.-led coalition forces in the country has concluded and they should withdraw.
Additionally, the Iraqi Foreign Ministry has announced an agreement between Baghdad and Washington to establish a commission aimed at initiating discussions about the future of the U.S.-led military coalition in Iraq. This commission will be tasked with determining a timetable for the gradual withdrawal of troops and the eventual termination of the coalition's presence.
Iraq vs. Afghanistan contexts
For the Biden administration, the primary concern regarding Iraq is to avoid a recurrence of the chaotic scenes witnessed during the withdrawal from Afghanistan. As Trump emphasized, such "ineptitude" not only undermined U.S. hegemony in Afghanistan but also had repercussions extending from the Gulf to Eastern Europe. The resulting power vacuum led to new regional alliances, such as the Saudi-Iran rapprochement, which excluded the U.S. Moreover, it emboldened China and Russia in their pursuit of expanding spheres of influence.
Hawks in the U.S. assert that a scenario akin to the "apocalypse" witnessed in Afghanistan would unfold should they withdraw from Iraq. However, the contexts of the two nations differ significantly. Despite enduring years of U.S. occupation, Iraq maintains a functional state apparatus and an integrated democratic political system, setting it apart from Afghanistan. Moreover, its economy is self-sustaining.
The impediments to normalization in Iraq include not only the presence of the U.S. and proxy groups like the PKK but also Iran's military presence in the region.
In this context, Türkiye's role proves invaluable. Ankara boasts seamless political, commercial and cultural ties not only with Iraq's central government but also with the Kurdistan Regional Government (KRG) in the north. President Recep Tayyip Erdoğan's recent visit to Iraq unequivocally underscored Türkiye's pivotal role in fostering stability in the country.
Should the mutual occupation by the U.S. and Iran in Iraq cease, Türkiye could naturally assume a significant role as a mediator in the transitional phase. Such dialogue would serve as a crucial cornerstone for regional peace. link
More News, Rumors and Opinions Thursday Afternoon 4-25-2024
KTFA:
RMF: Probably just another coincidence but same date as ascension to WTO:
Member of the Parliamentary Finance Committee, Haitham Al-Zahwan, announced on the 21st of this month, “There is a possibility to send the 2024 budget and approve it before the legislative recess of the House of Representatives begins next May 9.
RMF: Just another reason to believe the rate is about to change: Wonder if it will be retro ? President Biden has formally proposed the highest top capital gains tax in over 100 years
The proposed Biden top capital gains tax rate is more than twice as high as China’s rate.
KTFA:
RMF: Probably just another coincidence but same date as ascension to WTO:
Member of the Parliamentary Finance Committee, Haitham Al-Zahwan, announced on the 21st of this month, “There is a possibility to send the 2024 budget and approve it before the legislative recess of the House of Representatives begins next May 9.
RMF: Just another reason to believe the rate is about to change: Wonder if it will be retro ?
President Biden has formally proposed the highest top capital gains tax in over 100 years
The proposed Biden top capital gains tax rate is more than twice as high as China’s rate.
Clare: Urgent... Source for Al-Furat News: The Council of Ministers holds a session this afternoon
4/25/2024
An informed source revealed that the Council of Ministers will hold a session this afternoon, Thursday
The source told {Al-Furat News} agency, "The Council of Ministers will hold at one o'clock this afternoon a make-up session for a session that was missed due to Prime Minister Muhammad Shiaa al-Sudani's travel to Washington last week."
The Council of Ministers holds regular sessions every Tuesday of the week.
It is noteworthy that Prime Minister Muhammad Shiaa Al-Sudani visited Washington on April 14, lasting for about a week, during which he met with US President Joe Biden and officials in his administration, including the Minister of Defense, as well as businessmen, heads of companies, Iraqi communities in the United States, and foreign media. LINK
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Clare: Al-Sudani will visit Saudi Arabia at the end of this month
4/25/2024
An informed political source said on Thursday that the Iraqi Prime Minister will pay a visit to Saudi Arabia at the end of this month.
The source told Shafaq News Agency: “The visit comes to participate in the special meeting of the World Economic Forum, which will be hosted by Riyadh on April 28 and 29.”
Last week, the Iraqi Prime Minister made a visit to the United States of America that lasted for several days. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us on TV news about Iraq accession to WTO May 9th. FRANK: There you go. Iraq [will be] part of WTO as of May 9th.
Mnt Goat The reinstatement is coming, it won’t be years anymore and I firmly believe from what we already know and what we are now witnessing, the writing is on the wall, but just not yet. Do you hold large sums of Iraqi dinar? Are they the larger three zero notes issued after 2003? If so, you just might be a millionaire sooner than later. In the month of April, Iraqi reforms has made monumental leaps and bounds even since 2023. Folks, it’s about to EXPLODE! It is now openly evident...It would be foolish to turn back now. Full speed ahead, choo-choo.
Alert! STOCK MARKET FUTURES ARE CRATERING! ECONOMY MUCH WORSE THAN "EXPECTED."
Greg Mannarino: 4-25-2024
Peter Schiff on 50% Gold Allocation, Economy Crash Landing, Intrinsic Value & Bitcoin Regrets
Natalie Brunell: 4-25-2024
“Tidbits From TNT” Thursday Morning 4-25-2024
TNT:
Tishwash: Al-Araji from Russia: Iraq still needs the support of the international community
Iraqi National Security Advisor, Qasim Al-Araji, confirmed on Thursday that his country still needs the support of the international community to achieve stability and sustainable development.
This came in a speech he delivered at the twelfth meeting of senior officials on security issues held in St. Petersburg, Russia 2024.
Al-Araji said in his speech, "Iraq's message to the international community is a message of reassurance that our people have overcome the challenges of violence, terrorism, and sub-identities and are moving forward on the path of peace and sustainable development."
He added, "We look forward to supporting the economic process and moving the wheel of development, education, and other aspects related to the future of Iraqis, by transforming crises into opportunities for success."
TNT:
Tishwash: Al-Araji from Russia: Iraq still needs the support of the international community
Iraqi National Security Advisor, Qasim Al-Araji, confirmed on Thursday that his country still needs the support of the international community to achieve stability and sustainable development.
This came in a speech he delivered at the twelfth meeting of senior officials on security issues held in St. Petersburg, Russia 2024.
Al-Araji said in his speech, "Iraq's message to the international community is a message of reassurance that our people have overcome the challenges of violence, terrorism, and sub-identities and are moving forward on the path of peace and sustainable development."
He added, "We look forward to supporting the economic process and moving the wheel of development, education, and other aspects related to the future of Iraqis, by transforming crises into opportunities for success."
Al-Araji pointed out that "Iraq still needs the support of the international community, to achieve the paths and requirements of managing diversity and pluralism and enhancing its national security in order to achieve sustainable stability and development." link
Tishwash: Sudanese Advisor: $450 billion value of future investment projects in Iraq
The Prime Minister's Advisor for Investment Affairs, Muhammad Al-Najjar, revealed on Wednesday the value of the investment projects that will be implemented in Iraq during the coming period.
Al-Najjar said in a televised statement, followed by “Al-Eqtisad News,” that “the economic growth that Iraq is currently witnessing is due to a number of reasons, the most important of which is the maintenance of stable oil prices, as this contributed to achieving financial abundance, in addition to the calm and political stability, which prompted the private sector.” To pump very large sums of money into strategic projects.”
He added, "The value of the investment projects that will be implemented in Iraq is estimated at 450 billion dollars, most of which are related to infrastructure and climate change," noting that "Qatar, Saudi Arabia, and the United States are the most prominent investing countries during the coming period, as Iraq has signed several agreements with those countries."
Al-Najjar continued, "Iraq, according to these data, will record the highest levels of economic growth in the world," noting that "the government's vision includes involving the private sector in achieving sustainable development through the implementation of various projects, especially in the areas of health and housing."
He confirmed the existence of "a package of important changes that will occur in Iraqi commercial and economic laws, as these packages were presented by the Council of Ministers to auditing bodies to be later presented to the House of Representatives."
He revealed that "the Iraq Fund for Development is in the process of launching a project (rent and own), which means owning the property for its residents, and it is a project proposed for the first time in Iraq." link
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Tishwash: Iraq alone possesses 9% of the world's reserves...a magical material to stimulate agriculture and the economy, awaiting investment
Economic researcher Salah Al-Moussawi revealed today, Wednesday (April 24, 2024), that phosphate is a wealth that will not be depleted in Iraq for hundreds of years, while noting that it achieves a double benefit.
Al-Musawi is one of those who worked for years in the phosphate sector in western Iraq at the end of the seventies of the last century, and he is familiar with the numbers and studies that took place for years about this enormous natural wealth and how it can be invested in a way that leads to a qualitative shift in supporting the agricultural sector.
He said in an interview with “Baghdad Today” that “fertilizer prices in global markets approached $1,200 per ton, but in Iraq it can be produced for only $200, and this difference gives farmers momentum to reduce production costs at significant rates,” stressing that “phosphate factories are capable of Producing at least one million and 200 thousand tons annually, but the numbers may double with the presence of new lines, and it could constitute a resource not only for the country but also for neighboring countries due to the difference in prices and quality.”
He pointed out that "the phosphate reserves in Iraq are sufficient to operate at current production levels for hundreds of years without being depleted, meaning that we are facing great wealth," stressing that "the Sudanese government has actually begun to move towards investing Iraq's capabilities in several areas away from the oil file because it is aware of the seriousness of the changes." The importance of diversifying the economy, giving greater importance to agriculture, and ensuring its tools, including fertilizers, for survival and growth.”
Optimally investing in phosphate would achieve two main goals at the same time, which is providing fertilizer at prices equivalent to approximately 15% of the import cost, in addition to finding a new export resource away from oil.
Iraq ranks second in the world in phosphate reserves, as Iraq alone possesses 9% of the total global reserve, according to the Iraqi Geological Survey. link
Mot: Bet Ya Didnt Knows ~~~~~
Mot: .. Yeppers!! - Frustrating When This Happens
News, Rumors and Opinions Thursday AM 4-25-2024
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 Thurs. 25 April 2024 Compiled Thurs. 25 April 2024 12:01 am EST by Judy Byington
Tues. 23 April Wolverine: “An audio came out from the owner of the Pentecostal Group in Columbia. Michael Rueben who is the number one Paymaster over all the Paymasters in the World, had a meeting with the committee. He said that things have started. They are releasing to The People and we are going to have a beautiful week this week. … In Mexico the banks are closing and will be closed for five days.”
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 Thurs. 25 April 2024
Compiled Thurs. 25 April 2024 12:01 am EST by Judy Byington
Tues. 23 April Wolverine: “An audio came out from the owner of the Pentecostal Group in Columbia. Michael Rueben who is the number one Paymaster over all the Paymasters in the World, had a meeting with the committee. He said that things have started. They are releasing to The People and we are going to have a beautiful week this week. … In Mexico the banks are closing and will be closed for five days.”
Tues. 23 April Both Wolverine and TNT Tony maintained that Reno started the Global Currency Reset process last Fri. 19 April.
Wed. 24 April TNT Tony: The governor of CBI has told the citizens to prepare for the currency exchange. The citizens of Kurdistan are expecting this to happen by Sat. 27 April. Three Letter Agencies Update: Agency 1 —- As of yesterday……Nothing until this coming week end – the “Powers That Be” wanted three more days to get their ducks in a row. Agency 2 —- At yesterday’s meeting they told that Wells Fargo is still the lead bank because they’re the only bank willing to take anybody and everybody. They were told to stay ready. Banks are currently on standby. They still have rates on their screens, and are awaiting authorization to process you.
Tues. 23 April Bruce The Big Call Universe (ibize.com) 667-770-1866, pin123456#: “Redemption Center sources say everything will be released by the end of the week. One Redemption Center Head said ‘This is the week.’ Since Sun. 21 April 19 currencies have been going up in value on the Forex. Zim has been on par with the US Dollar and was now over par. While most currencies will top out, the Dong may continue to go up in value.”
Tues. 23 April MarkZ: “Bonds are now being paid out (made liquid). Tier4b (us, the Internet Group) will be notified to set appointments for exchanges after 30% of the bonds have been paid out. …There are people who have already received their money to spend. It’s on a descending scale and we must wait patiently our turn. Be happy that the money movement has already started.”
On Mon. 22 April an Iraqi citizen used his Central Bank of Iraq (CBI) Debit Card to purchase an item in Texas and found the exchange rate at that moment was $3.90 USD per 1 Iraqi Dinar.
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Global Financial Crisis:
U.S. debt soars by $1 trillion every three months with interest expenses through the roof.
THE UNITED STATES IS DRAFTING SANCTIONS THAT THREATEN TO CUT SOME CHINESE BANKS OFF FROM THE GLOBAL FINANCIAL SYSTEM.
Wed. 24 April: Chase Bank app is down — many Americans report issues in accessing online banking.”
Read full post here: https://dinarchronicles.com/2024/04/25/restored-republic-via-a-gcr-update-as-of-april-25-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Nader From The Mid East This visit to United States it was really good. All this contracts they signed...all these people want to go to Iraq to do business, start businesses. It's great. Now they have the ball in their hands so we see what they're going to do with it. They're going to score or pass on the side again?
Breitling You have these currencies that have a lot of zeros behind it. Comparing with these other currencies that LOPed, Iraq is a completely different case. They don't have a market problem. They don't have a customer problem. Where is the inflation coming from? It's coming from policy. How can they add value to their currency? It's all going to be based on 100% policy. The authority comes from parliament, the Ministry of Planning, Ministry of Finance and the Central Bank of Iraq. They don't need any more customers. To add value to the currency they don't need to do anything else.
Finally, Turkey's President Visits Iraq
Edu Matrix: 4-25-2024
Finally, Turkey's President Visits Iraq - Iraq has had an ongoing series of issues with Turkey, from the water levels in the rivers to the PKK and the oil exports from Northern Iraq to Turkey. The Turkish President showed up . Issues were resolved. Agreements were signed.