Early Access — Dinar Recaps (2024)

Early Access — Dinar Recaps (1)

Thank you to all the subscribers to our Early Access program…we thank you for your continued support.

We are excited to offer this new service to keep you informed and up-to-date on the latest Dinar and currency news.

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

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. 29 June 2024

Compiled Sat 29 June 2024 12:01 am ESTby Judy Byington

Global Currency Reset: (Rumors Opinions )

Fri. 28 June 2024 Wolverine: “I want you all to get ready as Iraq is going to have a massive celebration this Sunday 30 June. The RV is nearly here and it’s going to be very emotional for all of us. I’ve been told that all funds have been deposited to start payments for Nesara/Gesara. I’m also hearing good news coming from Reno as well

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. 29 June 2024

Compiled Sat 29 June 2024 12:01 am ESTby Judy Byington

Global Currency Reset: (Rumors Opinions )

Fri. 28 June 2024 Wolverine: “I want you all to get ready as Iraq is going to have a massive celebration this Sunday 30 June. The RV is nearly here and it’s going to be very emotional for all of us. I’ve been told that all funds have been deposited to start payments for Nesara/Gesara. I’m also hearing good news coming from Reno as well

Thurs. 27 June 2024 Bruce: On Thurs. 27 June a source at the Iraqi Airport in Baghdad used his Iraqi debit card with the new Iraqi Dinar rate on it to access funds. My sources say Tier 4b notification could come the last three days of this month – Fri, Sat or Sun. 28, 29, 30 June. Iraq was planning on celebrating their new Iraqi Dinar Rate on Sun. 30 June

Thurs. 27 June 2024 MarkZ: The new Iraqi Dinar Rate was fully expected in the month of June. Banking contacts say it will happen sometime between July 4-8, while outsiders were saying July 12-13.

Wed. 26 June 2024Banker: : Wolverine confirmed my Intel that the exchange process will begin in China move eastward to Europe and then to the US. As most know our Saturday is Iraq’s Sunday. The new Budget was included in the latest Gazette but the rate was not given. I now have it from three different sources that Iraq is planning a nationwide celebration for this Sunday 30 June. There are many foreign dignitaries in country for the party and the rate will be announced and the new ATM’s with the new currency will be opened. So this is my hoped for announcement for tomorrow Sat. 29 June. GOD Bless.

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Fri. 28 June 2024 TNT Call:

Iraq is ready to party on Sunday 30 June.

The lower denomination Dinars are in the ATMs.

Banks have been notified that the Dinar is exchangeable once they get the go, which they are expecting between this evening Fri. 28 June and Sunday morning 30 June.

Sudani told the Iraqi people that there is going to be a change in the banks.

Tier 2 & 3 banks in the US have also now been advised to “get ready.”

Banks have been doing practice runs for the last two days, and the biggest issues that keep occurring, were with people not having their currency separated and organized.

The budget is expected to be published in the Gazette on Sat. 29 June.

Bankers from Indiana, Chicago, NY, NJ, FL and DC texted Tony during the call and advised that they are ready, and that some of them are staying late tonight, and that some are starting early tomorrow morning.

Tony believes that our window is still any time after 4:00pm Eastern today, through Sunday morning.

Ray believes that it’s coming tonight Fri. 28 June, so that’s what we’re all going to pray for.

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Global Financial Crisis:

June 2024: Saudi Arabia will not be renewing the 50-year petrodollar agreement with the United States. Instead, they will be selling oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan. This should be treated as a black swan event, but you wouldn’t know it because the U.S. government is more focused on investigating tire tracks over a street intersection. Remember, the revolution will not be televised.

NEW YORK, June 27 (Reuters) – Ten large banks including Bank of America (BAC.N), Goldman Sachs (GS.N), and JPMorgan Chase (JPM.N), will pay $46 million to settle a long-running antitrust lawsuit accusing them of conspiring to rig the now $465.9 trillion market, for interest rate swaps. Other settling banks include Barclays (BARC.L), BNP Paribas (BNPP.PA), Citigroup (C.N), Deutsche Bank (DBKGn.DE), Morgan Stanley (MS.N), NatWest (NWG.L), and UBS (UBSG.S) https://www.reuters.com/legal/ten-big-banks-settle-us-interest-rate-swaps-rigging-litigation-2024-06-27/

Read full post here: https://dinarchronicles.com/2024/06/29/restored-republic-via-a-gcr-update-as-of-june-29-2024/

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

Mnt Goat ...it is nearing the end of June already...Recently we witnessed a surge of news from many of the prominent global entities including the UN, World Bank, IMF and the EU. All of them praising Iraq and giving “kudos” to them for the hard work and achievements. Today is not different as the articles once again tell the RV spigot is wide open to the RV.

Militia Man This isn't the old days. It's a progress of education that they are teaching us and they're teaching their people. They're telling the world what they're doing. The 'big money', they know how this is rolling and they can see this...These are the things...we should feel good about because this is showing us big things are happening.

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Over 50 Nations Ditching The Dollar, De-Dollarization In Full Effect

Atlantis Report: 6-28-2024

Over 50 Nations Are Ditching The Dollar. Dedollarization Is In Full Effect, and a New Financial System Is Coming.

For many years, the U.S. dollar has been the dominant reserve currency worldwide, playing a major role in international trade, finance, and investment. However, an increasing number of countries, including major economies like China and Russia, are starting to move away from the dollar.

This shift, influenced by various geopolitical and economic factors, suggests a restructuring of the international financial system.

This challenges the U.S. dollar's long-standing dominance and could lead to the establishment of a new financial order.

https://www.youtube.com/watch?v=yOT2ScMBS6I

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KTFA

Friday Night Conference Call

FRANK26….6-28-24….A HOLY BLESSING

Iraq will be “officially” in the WTO by July 18th!!!

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163 PIN: 156996#

KTFA

Friday Night Conference Call

FRANK26….6-28-24….A HOLY BLESSING

Iraq will be “officially” in the WTO by July 18th!!!

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163 PIN: 156996#

https://www.youtube.com/watch?v=pL09PAa2KDY

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

The Latest RV And Economics Updates from the Seeds of Wisdom Team Friday Evening 6-28-24

Good Evening Dinar Recaps,

Supreme Court Ruling Boosts Ripple (XRP) in SEC Lawsuit The U.S. Supreme Court has abolished the Chevron deference, altering the way federal regulations will be interpreted.

This landmark decision could influence the ongoing lawsuits faced by Ripple and Coinbase with the SEC.

Without Chevron’s deference, Ripple might gain ground by arguing that XRP tokens are not securities.

The Supreme Court’s dismantling of the Chevron deference marks a critical legal shift, potentially altering the landscape for Ripple and Coinbase in their battles with the SEC over digital asset classifications.

The Latest RV and Economics Updates from the Seeds of Wisdom Team Friday Evening 6-28-24

Good Evening Dinar Recaps,

Supreme Court Ruling Boosts Ripple (XRP) in SEC Lawsuit

The U.S. Supreme Court has abolished the Chevron deference, altering the way federal regulations will be interpreted.

This landmark decision could influence the ongoing lawsuits faced by Ripple and Coinbase with the SEC.

Without Chevron’s deference, Ripple might gain ground by arguing that XRP tokens are not securities.

The Supreme Court’s dismantling of the Chevron deference marks a critical legal shift, potentially altering the landscape for Ripple and Coinbase in their battles with the SEC over digital asset classifications.

The U.S. Supreme Court’s decision to dismantle the Chevron deference doctrine represents a seismic shift in how federal regulations are interpreted. Previously, courts often deferred to federal agencies on interpreting ambiguous statutory language, leaning on their expertise.

This landmark ruling empowers judges to now independently interpret regulations, reshaping the legal landscape across various sectors including environmental protection, consumer safety, and financial regulation.

The removal of Chevron deference significantly curtails the interpretative authority traditionally wielded by regulatory bodies like the Environmental Protection Agency (EPA) and the Securities and Exchange Commission (SEC).

Agencies will face greater challenges in implementing and enforcing existing regulations as federal judges take on a more active role in interpreting the law. This shift could lead to an uptick in litigation, with companies and individuals seeking judicial clarification in the absence of agency expertise.

© Newshounds News™

Read more:Coinotag

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ISO 4217
Currency codes

People around the world rely on almost 300 different currencies to do business with each other, which is why it pays to use ISO 4217.

This standard establishes internationally recognized codes for the representation of currencies that enable clarity and reduce errors. Currencies are represented both numerically and alphabetically, using either three digits or three letters. Some of the alphabetic codes for major currencies are familiar, such as “EUR” for Euros. Fortunately, ISO 4217 covers everything from Afghanis to Zambian Kwacha as well.

Maintaining ISO 4217
Periodically, amendments must be made to ISO 4217:2015 and these are managed by the Secretariat of the Maintenance Agency, in this case the SIX Financial Information AG on behalf of the Swiss Association for Standardization, SNV.

© Newshounds News™

Read more:ISO Org

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"National Australia Bank kills off stablecoin project

One of the four largest banks in Australia, National Australia Bank (NAB) (NASDAQ: NAUBF), has pulled the plug on its AUDN stablecoin.

Citing a lack of customer demand, NAB canceled the project, causing the team to switch to independent Australian dollar stablecoin Ubiquity. The latter will join ANZ Bank and Novatti (NASDAQ: NTTIFI) as the race continues to create the AUD version of USDC.

NAB started work on the AUDN stablecoin in 2022 and thought clients would use it to settle cross-border transactions, among other uses.

Like many other countries, Australia is exploring the concept of an Australian Dollar CBDC. It has been working with the Digital Finance Cooperative Research Centre (DFCRC) to test the idea.

While Australia has yet to announce concrete plans to launch the eAUD, CBDCs are moving ahead full steam elsewhere, and national digital currencies will pose serious competition to private stablecoins.

Adding to the woes of private stablecoin issuers is the ever-worsening reputation of Tether, the largest one by market cap. Its ties to terrorism and trafficking and continued refusal to prove it is backed by real U.S. dollars continue to harm the image of private stablecoins generally. The Brookings Institute recently published a paper showing that the U.S. government views private stablecoins as a national security threat, and it’s a safe bet that other governments feel the same.

Why would anyone use bank-issued coins running on expensive blockchains like Ethereum when national digital currencies can be sent anywhere in the world in seconds through systems similar to mBridge? A betting man might wager that the National Australia Bank has asked itself the same question, and that’s why it has thrown in the towel on AUDN."

© Newshounds News™

Read more:Currency Insider

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"Crypto market faces $860M token unlocks in July

Around 40 crypto projects are set for token unlocks next month, with a combined value of roughly $860 million hitting the market. According to data from Token Unlocks, Xai, AltLayer, Arbitrum, and Aptos lead the charge with the largest token releases.

Token unlocks refer to the release of a chunk of tokens that were previously restricted from trading. Investors often fear price declines caused by selling pressure when a large amount of tokens enter the market.

However, token unlocks aren’t inherently bad. Small unlocks may have minimal impact. An annual report from Token Unlocks shows that tokens rise 34% on average after being unlocked for private investors.

Overall, the exact impact of token unlocks is often unpredictable. When considering a crypto investment, it’s important to be aware of upcoming token unlocks and their potential impact on the price."

© Newshounds News™

Read more:Crypto Briefing

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"Bolivia Revokes Ban on Financial Entities’ Use of Crypto

Bolivia’s central bank issued a resolution to allow financial institutions to use cryptocurrencies, banned since 2020, bank chief Edwin Rojas said in a press conference.

Rojas said Bolivian citizens trade around $10m in cryptocurrencies per month, a number that is expected to increase with the rule change."

© Newshounds News™


Read more:Bloomberg Law

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"Coinbase partners with payments firm Stripe

The partnership means Stripe will incorporate Coinbase’s Layer 2 network Base into its crypto payout products.

In addition, users can use Stripe’s fiat-to-crypto onramp to buy digital assets with credit cards or Apple Pay inside the Coinbase Wallet.

The crypto exchange giant Coinbase and payment firm Stripe have penned a partnership.

Stripe will incorporate Coinbase's Layer 2 network Base into its crypto payout products, and Coinbase will add Stripe as a way for its customers to buy crypto with credit cards or Apple Pay inside the Coinbase Wallet, according to a Coinbase release published Thursday.

"Crypto is the future of money because it is unrestricted by international borders or banking hours, and reduces both friction and fees for users. These three key integrations lay a strong foundation for Stripe and Coinbase to begin building a better payments future for users around the world," Coinbase wrote in a statement."

© Newshounds News™

Read more:The Block

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"Worldcoin’s WorldID to arrive on Solana via Wormhole grant

The Worldcoin Foundation announced 16 grants worth over $800,000 at current WLD prices.

In a June 27 statement, Worldcoin said the ID integration effort will “equip the Solana ecosystem with a much-needed tool” for proving humanness.

The grant awards 25,000 WLD to Wormhole.

Wormhole described the grant in greater detail, stating that it will seamlessly allow Solana-based protocols to verify user IDs previously authenticated on the Ethereum blockchain.

Wormhole described several benefits related to the integration. The approach will allow for new use cases and demonstrate the versatility of Wormhole’s multichain infrastructure.

Furthermore, the integration aims to make verification easy for developers and ensure forward compatibility with future updates and improvements in verification methods.

The effort also aims to enhance security and decentralization by ensuring ID verification is carried out in a manner that preserves privacy. It will also improve cross-chain interoperability by allowing more decentralized apps to interact with identity verification systems on Ethereum.

Finally, the initiative aims to grow financial inclusion by supporting Worldcoin in providing universal access to the digital economy by serving ID users worldwide."

© Newshounds News™

Read more:Crypto Slate

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"JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed

JPMorgan Chase said late Wednesday that the Federal Reserve overestimated a key measure of income for the giant bank’s recent stress test, and that its losses under the exam should actually be higher than what the regulator found.

The bank took the unusual step of issuing a press release minutes before midnight ET to disclose its response to the Fed’s findings.

The error means that JPMorgan might require more time to finalize its share repurchase plan, according to a person with knowledge of the situation.

JPMorgan Chase said late Wednesday that the Federal Reserve overestimated a key measure of income in the giant bank’s recent stress test, and that its losses under the exam should actually be higher than what the regulator found.

The bank took the unusual step of issuing a press release minutes before midnight ET to disclose its response to the Fed’s findings.

“Should the Firm’s analysis be correct, the resulting stress losses would be modestly higher than those disclosed by the Federal Reserve,” the bank said.

The error means that JPMorgan might require more time to finalize its share repurchase plan, according to a person with knowledge of the situation who declined to be identified speaking about the regulatory process. Banks were expected to begin disclosing those plans on Friday after the market closes.

The news is a wrinkle to the Federal Reserve’s announcement Wednesday that all 31 of the banks in the annual exercise cleared the hurdle of being able to withstand a severe hypothetical recession, while maintaining adequate capital levels and the ability to lend to consumers and corporations."

© Newshounds News™

Read more:CNBC

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"Japan Fires Its Top Currency Diplomat As Yen Disintegrates, Another Intervention Looms

It is hardly a coincidence that literally minutes after the USDJPY hit 161 for the first time in almost two generations that Japan's Nikkei reported the man who had been tasked to explain away Japan's absolutely catastrophic currency policy, one which has made the yen the worst performing currency of the world and the envy of banana republics everywhere, Japan's top currency "diplomat". Masato Kanda, has been fired.

Kanda will be replaced with Atsushi Mimura, a director-general of the Finance Ministry's international bureau, who will take over as vice finance minister for international affairs on July 31.

And while no amount of intervention will prevent the yen from imploding further - to do that the BOJ will have to raise rates to 4% or higher, setting of a cataclysmic collapse of the entire Japanese bond market - the outrage among the populace at the runaway inflation in Japan in large part due to the plunging currency, is finally being addressed now that Japan is facing election in a few months, and scapegoat time has arrived."

© Newshounds News™

Read more:ZeroHedge

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

KTFA:

Clare: Iraq sells 104 million barrels of oil in May

6/28/2024 Baghdad - The Ministry of Oil revealed, today, Thursday, the results of Iraq's oil exports during the past month of May.

The ministry stated in a brief statement received by Mawazine News, that "the total oil exports achieved for the past month of May, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), amounted to (104) million and (130) thousand and (292) barrels." LINK

KTFA:

Clare: Iraq sells 104 million barrels of oil in May

6/28/2024 Baghdad -

The Ministry of Oil revealed, today, Thursday, the results of Iraq's oil exports during the past month of May.

The ministry stated in a brief statement received by Mawazine News, that "the total oil exports achieved for the past month of May, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), amounted to (104) million and (130) thousand and (292) barrels." LINK

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Clare: Iraq and Britain discuss preparations for Sudanese's visit to the United Kingdom and ways to enhance partnership and cooperation between the two countries

6/27/2024

The Undersecretary of the Ministry of Foreign Affairs for Multilateral Affairs and Legal Affairs, Omar Al-Barzanji, received the Chargé d'Affaires of the Embassy of the United Kingdom of Great Britain and Northern Ireland to the Republic of Iraq, Rosie Cave, in his office in the ministry building.

A statement by the Ministry of Foreign Affairs stated that during the meeting, they discussed strengthening relations between the two friendly countries and discussing issues of common interest, as the Undersecretary pointed out the importance of working to develop frameworks for cooperation in various fields, noting that the two countries are linked by relations of common interests in various economic, political and strategic fields.

For her part, Cave pointed out, during the meeting, to the ongoing preparations for the visit of Prime Minister Mohammed Shia Al-Sudani to the United Kingdom, and ways to enhance partnership and cooperation between the two countries.

She also expressed her thanks and appreciation to the Iraqi Ministry of Foreign Affairs for its continuous support and assistance in overcoming the obstacles facing the embassy in Iraq, and praised the role of the ministry in enhancing cooperation between the two countries to achieve common goals. LINK

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Clare: The President of the Republic approves a number of laws, including the 2024 budget schedules

6/27/2024 Baghdad -

Today, Thursday, the President of the Republic, Abdul Latif Jamal Rashid, approved a number of laws, including the 2024 budget schedules.

The Presidency’s Media Department said in a statement - received by the Iraqi News Agency (INA): “The President of the Republic, Abdul Latif Jamal Rashid, ratified a number of draft laws, which are the schedules of the Federal General Budget Law for the year 2024, the first amendment to the Anti-Prostitution and hom*osexuality Law, and the Law Extending the work of the Independent High Electoral Commission, and the first amendment law to the law regulating the rent of agricultural lands and granting ownership of the right to dispose of them for agricultural and veterinary graduates.”

The statement added, "The laws were sent after their approval by the President of the Republic for publication in the Iraqi newspaper Al-Waqae' to enter into force."

The Presidency of the Republic confirmed - according to the statement - that it is “moving forward in supporting legislation and laws that are in the interest of the country and citizens, by approving the laws approved by the House of Representatives, as well as by submitting draft laws by the Presidency of the Republic to the House of Representatives for the purpose of discussing and approving them.” LINK

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

Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The television is saying parliament committee is saying there is a new number in the budget. They just admitted we have a new exchange rate and they say they want to be in charge of it, that they want to control, they want to put some votes...Saying the budget has numbers that will change and that's unconstitutional without another reading...It is a 15 day appeals process...

Holly ...based on Iraq’s progress things are definitely on track to being done...I see a culmination of this sometime this summer and it could go now or it could be later, no one and I mean no one will know when...We are definitely in the end time of all of this

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BREAKING NEWS Zimbabwe Haiti Argentina Rates & News

Edu Matrix: 6-28-2024

BREAKING NEWS Zimbabwe, Haiti, Argentina Rates & News - ZiG Strengthing through taxes; Hait's New PM Kenyian Police; Argentina's Inflation

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

Rafi Farber The Forex Markets Are Beginning to Break Down

Arcadia Economics: 6-28-2024

The next 4 months or so are going to be tumultuous.

The chaos is reflected in the currency markets, and it is only a matter of time before gold and silver react forcefully to the changes yet to come this year.

The Japanese yen - the gob of spit keeping the Keynesian pyramid together - keeps plunging lower, and the Bank of Japan has yet to respond.

The more they respond though, the more the markets push back, as there is little that is more profitable than pouncing a cornered central bank.

Just ask George Soros. As order crumbles, silver will be a shining light in the midst of the chaos.

https://www.youtube.com/watch?v=tcgpSh5W4-o

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Bruce’s Big Call Dinar Intel Thursday Night 6-27-24

Transcribed By WiserNow Emailed To Recaps

You welcome everybody To the big hall tonight. It is Thursday, June the 27th and you're listening to the big call. Thanks for tuning in wherever you're located. Thank you. Sat team for getting the signal out all over the globe. We've had as many as 25,000 listeners and past calls, and we hope that's the case again tonight – but before we gets started on the call. We want to go ahead and pray the call in. Let's all pray it in together. Be in an attitude of gratitude and thankfulness as we pray it in together.

I guess, really, we're set to go right into the Intel segment. All right

After, okay, let's do this. This is not a long segment. Intel has become relatively hard to get – it is quiet in most places – due to gag orders – and NDA’s – people have been told to shut up and not say anything -

Bruce’s Big Call Dinar Intel Thursday Night 6-27-24

Transcribed By WiserNow Emailed To Recaps

You welcome everybody To the big hall tonight. It is Thursday, June the 27th and you're listening to the big call. Thanks for tuning in wherever you're located. Thank you. Sat team for getting the signal out all over the globe. We've had as many as 25,000 listeners and past calls, and we hope that's the case again tonight – but before we gets started on the call. We want to go ahead and pray the call in. Let's all pray it in together. Be in an attitude of gratitude and thankfulness as we pray it in together.

I guess, really, we're set to go right into the Intel segment. All right

After, okay, let's do this. This is not a long segment. Intel has become relatively hard to get – it is quiet in most places – due to gag orders – and NDA’s – people have been told to shut up and not say anything -

However, all of this information from tonight, all of it is coming from Iraq directly, and we have some sources there that got in touch with us yesterday and again today and the yesterday information was that one of our sources was at the Baghdad International Airport and was able to use his credit / debit card. An Iraqi citizen was able to use his credit debit card to not only obtain lower denominations on the ATM, but also purchase airline tickets – in the ATM – which I didn't know you could do, but he was able to do that, and of course, friend to be able to do that. He did have a rate, and he was able to be successfully able to transact business in Iraq - on the Iraqi dInar – And that's really a very little thing

Now, the other piece of information came today, also from Iraq, from the source in Fallujah and this source was saying that we would have the Iraqi 2024 budget in the gazette over this weekend , that would be Saturday or or Sunday.

You might have seen that they're planning major celebrations in Iraq on Sunday. That does not surprise me. That's the last day of this month, and the first of July is Monday. And Intel stops, in my opinion, takes over.

We've had Intel. Some of it has been good and fairly accurate, and some of it has not. We have not had the timing right on. We've got rates. Oh, don't worry about that. I know what the rates are, but we do not have the timing for when patients would come out. We've been told patients Monday, we were told Tuesday, we were told Wednesday, we were told Thursday – and then we went back to the sources that gave us the information and they recheck, recheck with their sources, and they apologize and said, no, no, it's going to be the last three days of this month -- that last three days of this month are Friday, Saturday, Sunday, tomorrow, Saturday and Sunday.

So be approved by I'm sorry that the Intel i put it out has been wrong. I hate that. You guys know. I hate to put out Intel. I hate it, and I want to put out the most accurate, real information I can do - you guys know I’ve wanted to do ever since the very beginning of the big call .

So the newest, latest report is last few days of this month, Friday, tomorrow, Saturday or Sunday. This should be a bang up weekend for us. Iraq”s planning to celebrate great guns on Sunday, and we've got the first of July on Monday. My opinion is my opinion, we should possibly get notified in the next few days and actually exchange starting Monday. Nothing ever happens on Monday, but maybe Monday the first after Iraq has already celebrated on Sunday – after the budget has already been put in the gazette over the weekend –

I don't know. I'm just wondering, is that, essentially the beginning of NESARA, do we have a new USN that has been out and traded, but do we have it at the banks as a former thing we have that on Monday. This is where it's a little bit dark. We don't have that information. We don't know.

Now. Now we also heard that, you know, President Trump is due to return between the first and the fifth of July.

We'll see. We heard other dates that he was supposed to be back. We heard that the Supreme Court with Justice Clarence Thomas has reversed the 2020 elections, that was over a month ago - and we haven’t heard it – he did, and we heard that President Trump's what would we call it? The sentences on those 34 indictments were overturned last week by Clarence Thomas.

When are we here going to find out about that? When does that come out? They're looking for the right moment to bring that out - up. I can't tell you if it's this week, if it's this weekend, or whether it's later in the month of July.

We can forget about R and R this month and soc sec increases – in the month of June - . So we're going to point our attention to July . We don't know specifically yet, when it’s going to happen - so we'll leave that one out there if I can get and we have another call, which I hope we don't, but if we do another call, hopefully be able to let you guys know if that's the plan for July, I would say it probably is. But again, I don't see R and R - or increase in social or anything happening until one - the RV takes place. And NESARA a is announced, because that is all part of the NESARA

We need NESARA to be known to the American people, By the way – the contract rate on the Dinar again, a little over dollar today, still in really good shape, and they will offer it to you if you are a US citizen. Just saying, that's going to count for something. President Trump wanted to make sure that American citizens were treated, treated, one example. So I guess what I'm saying is, we can't telp.

They don’t want to know when this thing's actually going to go but the information we're getting out of the Iraq, the one the guy that told us, you know, it was using the ATM that had that was able to print.

He said, our time will come in a couple of days, a couple more days, but I think he's probably right on the money. It could very well be Friday, Saturday or Sunday, and it could be a start on Monday, the first start a new quarter.

Let it come to us and just and just welcome it when it arrives. We're that close. Okay, let's pray the call out. I want to thank everybody for listening. Thank you big call you around there, around the globe. Thank you satellite team sat team for up all over the globe, letting people this call in their own language three seconds after I speak it in English.

Well, thanks everybody so much for listening. We appreciate you, and we look forward to maybe another call, or maybe not another call for just an ability to stay in touch with you by email. Okay. So, everybody. Have a great night - So, everybody have a great evening

Bruce’s Big Call Dinar Intel Thursday Night 6-27-24 REPLAY LINK Intel Begins 1:03:30

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHb8O

Bruce’s Big Call Dinar Intel Tuesday Night 6-25-24 REPLAY LINK Intel Begins 51:21

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHbQ5

Bruce’s Big Call Dinar Intel Thursday Night 6-20-24 REPLAY LINK Intel Begins 1:02:10

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Bruce’s Big Call Dinar Intel Tuesday Night 6-18-24REPLAY LINK Intel Begins 1:01:50

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Bruce’s Big Call Dinar Intel Thursday Night 6-13-24 REPLAY LINK Intel Begins 1:09:00

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Bruce’s Big Call Dinar Intel Tuesday Night 6-11-24REPLAY LINK Intel Begins 1:02:50

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Bruce’s Big Call Dinar Intel Thursday Night 6-6-24REPLAY LINK Intel Begins 50:20

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Bruce’s Big Call Dinar Intel Tuesday Night 6-4-24 REPLAY LINK Intel Begins 56:00

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Bruce’s Big Call Dinar Intel Thursday Night 5-30-24 REPLAY LINK Intel Begins 1:04:40

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Bruce’s Big Call Dinar Intel Tuesday Night 5-28-24REPLAY LINK Intel Begins 1:08:00

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Bruce’s Big Call Dinar Intel Thursday Night 5-16-24 REPLAY LINK Intel Begins 1:09:09

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

Global Economic News from the Seeds of Wisdom Team Friday Afternoon 6-28-24

Good Evening Dinar Recaps,

"Third plenum in mid-July to draw clear path for high-quality development amid complex global situation

"The Communist Party of China (CPC) will convene, on July 15 in Beijing, the third plenary session of its 20th central committee, which will primarily examine issues related to further comprehensively deepening reform and advancing Chinese modernization, according to a Thursday meeting of the Political Bureau of the CPC Central Committee chaired by Xi Jinping, general secretary of the CPC Central Committee.

The critical meeting, often referred to as the third plenum in its shortened form, is expected to draw a road map for China's continuously deepening reforms for years to come. Coming at a time marked by changes unseen in a century and complex international and domestic situations, the plenum will offer a clear path for the country's pursuit of high-quality development and ultimately Chinese modernization, experts said.

Global Economic News from the Seeds of Wisdom Team Friday Afternoon 6-28-24

Good Evening Dinar Recaps,

"Third plenum in mid-July to draw clear path for high-quality development amid complex global situation

"The Communist Party of China (CPC) will convene, on July 15 in Beijing, the third plenary session of its 20th central committee, which will primarily examine issues related to further comprehensively deepening reform and advancing Chinese modernization, according to a Thursday meeting of the Political Bureau of the CPC Central Committee chaired by Xi Jinping, general secretary of the CPC Central Committee.

The critical meeting, often referred to as the third plenum in its shortened form, is expected to draw a road map for China's continuously deepening reforms for years to come. Coming at a time marked by changes unseen in a century and complex international and domestic situations, the plenum will offer a clear path for the country's pursuit of high-quality development and ultimately Chinese modernization, experts said.

Experts said that the third plenum will offer the sense of continuity in the CPC's steadfast efforts and unwavering commitment to carrying out reform, and is of utmost importance to propelling the Chinese nation ahead and achieving its ultimate goal of national rejuvenation.

Underscoring this firm determination, in March, Xi sounded the clarion call for reform, dispelling concerns about whether China's reform efforts are "stagnating," or its economy is "losing steam.""

© Newshounds News™

Read more:GlobalTimes

~~~~~~~~~

"China-Serbia FTA to take effect on July 1, further facilitates bilateral exchanges

The free trade agreement (FTA) between China and Serbia will officially take effect on July 1, 2024, as the two sides will gradually eliminate tariffs on 90 percent of products in the tariff lines. Tariffs for more than 60 percent of products will be suspended immediately on the same day, China's Ministry of Commerce (MOFCOM) said on Friday in a statement.

The move will promote the growth of bilateral trade, as consumers in both countries will be able to enjoy better and more favorable imported products. In addition, it will boost the investment cooperation and industrial chain integration and jointly elevate international competitiveness by utilizing both countries' advantages, according to the official.

The FTA has also established institutional arrangements for related fields, including rules of origin, customs procedures and trade facilitation, trade remedies, dispute settlement, intellectual property rights protection, investment cooperation, competition and other areas. The arrangements will provide a convenient, transparent and stable business environment for enterprises of both countries."

© Newshounds News™

Read more here:Global Times

~~~~~~~~~

There has been a lot of talk about different coins being 'backed' by precious metals...

"This Is Why XRP Cannot Be Backed by Gold, Ex-Ripple Official Explains

Matt Hamilton trashes XRP's gold backing talk

Ripple's former director of developer relations, Matt Hamilton, has dispelled another popular misconception surrounding XRP. This time it was talk and speculation that XRP could be backed by gold. This kind of talk has emerged relatively recently amid speculation that XRP could be accepted by the world's banks and other financial institutions for international settlements and would be backed by gold for its fair value.

Hamilton is adamant that such an outcome is impossible. The blockchain developer explains his view that XRP is a decentralized cryptocurrency with finite supply, which trades on the open market and has no issuer to hold collateral for gold. For this reason, Hamilton explains, XRP cannot be inflated to have a peg with another asset.

The only contact between gold and XRP is possible through its tokenization via XRP Ledger, with the creation of a token tracking the precious metal's quotes, concluded the developer. For those who do not believe it and still think otherwise, Hamilton offered to exchange one ounce of gold for one XRP."

© Newshounds News™

Read more:U Today

~~~~~~~~~

"Summer Davos concludes, highlighting China's critical role on global stage

Experts, scholars hail nation's 'certainties' as worldwide risks soar

The 15th Annual Meeting of the New Champions (AMNC24), also known as the Summer Davos, wrapped up on Thursday with officials, economists and business leaders from around the world concluding their three-day discussion covering topics spanning from technology, economics and geopolitics and highlighting China's key role in driving the global economic growth.

At the event, Chinese and international business leaders and scholars hailed "certainties" from China amid a turbulent world and highlighted China's critical role in helping address growing challenges, including the global economic downturn.

Compared with the first two days' spotlight on specific discussions addressing artificial intelligence (AI), climate change, food and energy security, panels held on the third day - Thursday - attached more importance on how China could drive the world forward.

Jin Keyu highlighted that China's new innovative business models, and the digital economy, accounting about 40 percent of the country's GDP, are a practical and cost-effective solution to many developing countries' present problems."

© Newshounds News™

Read more:Global Times

~~~~~~~~~

"HKMA to join European test of cross-border payments on tokenised assets

Agreement with France’s central bank will make HKMA the first non-European participant in tests of the European Central Bank’s Eurosystem

“This marks an important milestone as HKMA will be the only major central banking institution outside the Eurosystem participating in the initiative,” Colin Pou Hak-wan, executive director of HKMA, said on Thursday.

The collaboration came about because both parties are working on wholesale CBDC projects, Pou said. HKMA in March announced a CBDC pilot project called Project Ensemble, while BDF has a similar project called DL3S.

“HKMA’s recent announcement of the launch of Project Ensemble was very timely to initiate this cooperation. We look forward to further testing our DL3S platform in this context and hope that together we can facilitate the financial inclusion expected from enhanced cross-border payments.”

France is also among the 26 observing members of project mBridge, a multi-country CBDC project involving mainland China, Hong Kong, Thailand, and the United Arab Emirates as founding members. Saudi Arabia joined the project earlier this month as a full member.

Started in 2021, mBridge allows the central banks and the Bank for International Settlements Innovation Hub to use digital currencies built on distributed ledger technology to enable instant cross-border payments and settlement."

© Newshounds News™

Read more:Currency Insider

~~~~~~~~~

"Hong Kong, France announce cross border CBDC interoperability trial

Earlier this week the European Central Bank (ECB) announced 48 new participants in the second wave of its wholesale DLT settlement trials. The unexpected news was the participation of the Hong Kong Monetary Authority (HKMA). The ECB trials include three central bank settlement solutions, only one of which is a wholesale CBDC (wCBDC) from the Banque de France. Based on today’s announcement, Hong Kong only plans to work with France’s CBDC platform DL3S to enable real time cross border payments.

In early March the HKMA unveiled Project Ensemble, a new wholesale CBDC initiative to support interbank payments using tokenized deposits. It also aims to provide a settlement asset for tokenization projects such as Hong Kong’s recent digital green bond.

Today’s announcement did not mention mBridge. The HKMA is one of five central banks participating in mBridge, the most advanced cross border CBDC initiative. Both the Banque de France and the ECB are mBridge observers. However, what is being proposed as part of the Eurosystem tests is quite different.

This third route is the hardest because the systems were not designed to interconnect. It means if France or Hong Kong want to link with another system, they more-or-less start again. However, if the work is part of a learning process, it could help in developing interoperability standards.

mBridge is currently in its minimum viable product (MVP) phase. Going forward, some countries may choose not to participate directly in mBridge. That would mean that the country’s currency is not directly supported. However, out of pragmatism, mBridge might choose to connect to a handful of external platforms that support important currencies. That remains to be seen."

© Newshounds News™

Read more:Currency Insider

~~~~~~~~~

"North Carolina Senate approves CBDC ban bill

On Wednesday (June 26), the North Carolina Senate passed a bill aimed at prohibiting central bank digital currencies (CBDCs) in the state. The legislation now awaits the Governor’s signature to become law.

If enacted, the bill would prevent North Carolina from participating in any Federal Reserve testing of future CBDCs. Additionally, it would bar state agencies and courts from accepting CBDC payments.

The Carolina Journal reports that Senate Bill 690 received overwhelming support, passing with a 109-4 vote. This marks an increase from Tuesday’s 39-5 vote.

Senator Brad Overcash, a proponent of the bill, stated that its purpose is to discourage the federal government from pursuing CBDC implementation. He argued that such a move could potentially undermine the dollar’s status as a major global currency. He said:

This would bar our state agencies or courts from accepting a central bank digital currency, and it would also bar them from participating in a pilot project if one were to be initiated by any of the Federal Reserve Banks. […] This is an important step to the stability of our financial sector and our financial privacy.

The North Carolina bill aligns with broader national skepticism towards CBDCs. In May, U.S. House Majority Whip Tom Emmer proposed the CBDC Anti-Surveillance State Act, seeking to halt the Federal Reserve’s efforts to develop a digital dollar. The act raised concerns about potential government control over Americans through a CBDC.

Federal Reserve Chair Jerome Powell, speaking at a Senate Banking Committee hearing in March, emphasized that the U.S. is “nowhere near” adopting a CBDC in any form.

Earlier this week, Louisiana quietly enacted House Bill 488, a crypto bill known as the “Blockchain Basics Act” or “Bitcoin Rights” bill. Other than guaranteeing some crypto-related rights, the bill also prohibits CBDC creation."

© Newshounds News™

Read more:Currency Insider

~~~~~~~~~

"CBDC is future of money; no competition with UPI: RBI Governor

Shaktikanta Das says CBDC is interoperable — with the same QR code, one can make UPI payments or CBDC payments

He says the digital currency is in a trial mode with the central bank currently running a pilot project.

“We have made it interoperable because (with) the same QR code you can make UPI payments you can make CBDC payments,” Das adds. The bank plans to enable users to make money transfers using the digital currency to accounts through the latter’s UPI. The bank has started incorporating new features into the new currency so that one can program even the conditions of their CBDC transfers."

© Newshounds News™

Read more:Currency Insider

~~~~~~~~~

"CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF

In a statement, the IMF noted that two-thirds of the 19 countries in the two regions are exploring CBDCs. Some, including the UAE and Saudi Arabia, are at the proof-of-concept stage; Kazakhstan is the most advanced after conducting two pilot programs for its digital tenge.

The most advanced cross-border CBDC project in the Middle East is mBridge, which includes the UAE and, as of this month, Saudi Arabia. mBridge, which also includes China, Hong Kong, and Thailand, entered the MVP stage recently.

In some CBDC models, digital currencies are directly offered by central banks, which, unlike commercial banks, are not after profits. This allows them to provide services and products that other lenders can’t, and in turn, they increase competition in the payments space.

The IMF cautioned that for Middle Eastern and Central Asian nations to maximize the benefits of CBDCs, they must address the risks. This includes potential bank disintermediation, which could impact deposits and, consequently, the ability of commercial banks to lend to their clients.

Some central banks, such as the Bank of Israel, view this competition differently with commercial lenders. BOI has proposed an interest-bearing CBDC, which it believes would chip away at bank deposits. However, it views this as healthy competition that would challenge the banks to improve their services."

© Newshounds News™

Read more:Currency Insider

~~~~~~~~~

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Economics Dinar Recaps 20 Economics Dinar Recaps 20

KTFA:

Clare: Dinar Explainer 2: Consequences of Iraq's Two Exchange Rates

28th June 2024

On arecent webinarorganised by theIraq Britain Business Council (IBBC), Professor Frank Gunter ofLehigh Universityoutlined the key changes in the dinar exchange rate over the years, as well as the consequences of having two exchange rates. (For more on the reasons why Iraq has two exchange rates,click here).

KTFA:

Clare: Dinar Explainer 2: Consequences of Iraq's Two Exchange Rates

28th June 2024

On arecent webinarorganised by theIraq Britain Business Council (IBBC), Professor Frank Gunter ofLehigh Universityoutlined the key changes in the dinar exchange rate over the years, as well as the consequences of having two exchange rates. (For more on the reasons why Iraq has two exchange rates,click here).

Early Access — Dinar Recaps (2)

Current Exchange Rates

There are two exchange rates in Iraq: the official exchange rate and the market rate.

The official exchange rate is approximately 1,310 Iraqi dinars per US dollar.

The market rate is higher, at around 1,460 Iraqi dinars per US dollar, which represents a 12% gap between the two rates.

Impact of Dual Exchange Rates

The existence of dual exchange rates has several negative effects on Iraq's economy:

It slows economic growth by disrupting existing contracts and discouraging trade and investment both domestically and internationally.

It encourages corruption, as individuals and entities can profit from the difference between the official and market rates by being paid in dollars and making payments in dinars.

It complicates fiscal policy, making it harder for the government to manage the economy effectively.

Historical Changes in Exchange Rates

December 2020: Thedinar was devaluedby 23%, primarily due to the fiscal crisis of 2020 and the drop in oil prices. This devaluation was intended to allow the Ministry of Finance to obtain more dinars for each dollar of oil revenue.

February 2023: There was arevaluation, increasing the value of the dinarfrom 1,450 to 1,310 per dollar. This revaluation was beneficial for importers, as it made imports cheaper, but it negatively impacted exporters of non-oil goods, making their products more expensive abroad.

Effect of Dollar Appreciation

Since the revaluation in February 2023, the US dollar has appreciated by about 3.3%. This further makes imports cheaper in Iraq but makes exports more expensive, affecting the balance of trade.

Challenges of Dual Exchange Rates

The dual exchange rates have contributed to economic disruption by making it difficult to conduct business with predictable costs and revenues. The gap between the rates incentivizes corrupt practices and complicates governmental fiscal management, ultimately leading to slower economic growth.

In summary, the official and market exchange rates in Iraq have undergone significant changes in recent years, driven by economic crises and fiscal policy decisions. The dual rates present ongoing challenges for economic stability, growth, and governance.

The consequences of having two exchange rates in Iraq can be summarised as:

Slowing Economic Growth

The dual exchange rate system disrupts existing contracts and discourages both domestic and international trade and investment. This disruption hinders economic stability and growth.

Encouraging Corruption

The gap between the official and market exchange rates creates opportunities for corrupt practices. Individuals and entities can profit from the difference by being paid in dollars and making payments in dinars, exploiting the discrepancy for financial gain.

Complicating Fiscal Policy

Managing the economy becomes more challenging with dual exchange rates. The existence of two rates complicates fiscal policy, making it difficult for the government to implement effective economic measures and maintain financial stability.

LINK

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Economics Dinar Recaps 20 Economics Dinar Recaps 20

TNT:

CandyKisses: Dinar Explainer 1: Why Iraq has Two Exchange Rates

By John Lee.

On arecent webinarorganised by theIraq Britain Business Council (IBBC), Professor Frank Gunter ofLehigh Universityexplained the causes and effects of Iraq's dual exchange rate.

The three reasons why Iraq has two exchange rates are:

Excessive Demand for US Dollars Internationally:

There is a high demand for US dollars in countries like Iran and Syria, where local currencies have significantly devalued. Entities in these countries are desperate to obtain dollars, which are accepted everywhere and difficult to trace.

TNT:

CandyKisses: Dinar Explainer 1: Why Iraq has Two Exchange Rates

By John Lee.

On arecent webinarorganised by theIraq Britain Business Council (IBBC), Professor Frank Gunter ofLehigh Universityexplained the causes and effects of Iraq's dual exchange rate.

The three reasons why Iraq has two exchange rates are:

  1. Excessive Demand for US Dollars Internationally:

There is a high demand for US dollars in countries like Iran and Syria, where local currencies have significantly devalued. Entities in these countries are desperate to obtain dollars, which are accepted everywhere and difficult to trace.

Early Access — Dinar Recaps (3)

The excessive demand for US dollars internationally is driven by several factors:

  1. Currency Devaluation in Neighboring Countries:

  • The Iranian rial has lost 75% of its value due to sanctions from the US and other nations.

  • The Syrian pound has lost 99% of its value primarily due to the ongoing civil war.

  • These significant devaluations have led entities in Iran and Syria to seek more stable currencies like the US dollar.

  • Preference for Physical Dollars:

    • There is a particular demand for physical US dollars (paper currency) rather than electronic funds transfers (EFTs). Physical dollars are preferred because they are accepted everywhere and are impossible to trace, making them more desirable for transactions that may need to avoid scrutiny.

  • Cheaper Source of Dollars in Iraq:

    • Due to these devaluations and economic instability, Iran and Syria find it more feasible to obtain dollars from Iraq. The Iraqi market offers a cheaper source of dollars, requiring fewer real resources compared to other regions.

    These factors collectively create a significant international demand for US dollars, which in turn impacts Iraq's exchange rate dynamics by increasing the pressure on its currency system and contributing to the existence of dual exchange rates.

    1. Internal Demand for Dollars:

    Within Iraq, the dollar has dominated the dinar both as a medium of exchange and as a store of value. Although recent regulatory changes have reduced this dominance, the demand for dollars remains strong.

    The internal demand for dollars in Iraq is driven by several key factors highlighted in the text:

    1. Dominance of the Dollar:

    • Historically, the US dollar has dominated the Iraqi dinar both as a medium of exchange and as a store of value. This dominance means that people prefer to use and hold dollars over the local currency, contributing to the internal demand for dollars.

  • Regulatory Changes:

    • Although there have been recent regulatory changes aimed at reducing the dominance of the dollar, the demand remains strong. These changes have not been sufficient to shift the preference from dollars to dinars significantly.

  • Economic Practices:

    • Iraq's economy is still very much a cash economy. The Central Bank of Iraq estimated that there were 90 trillion dinars outside financial intermediaries, highlighting the extensive use of cash. This reliance on cash further underscores the preference for a stable currency like the dollar.

  • Banking System Challenges:

    • The banking system in Iraq is underdeveloped. The state-owned banks are not private sector-oriented, with major banks like Rafidain and Rasheed facing difficulties. Additionally, Iraq is severely under-banked, with only four bank branches and five ATMs per 100,000 Iraqis, compared to the Middle East and Northern Africa average of 14 branches and 37 ATMs.

    • The lack of a universal core banking system, which makes it difficult to withdraw funds from a different branch than where the deposit was made, contributes to the preference for holding dollars.

  • Insecurity of Deposits:

    • The perception that deposits have become more insecure has increased the demand for dollars. For instance, the suspension of dollar withdrawals starting January 1, 2024, has likely exacerbated concerns about the security and accessibility of funds, driving people to prefer holding dollars.

    These factors collectively create a strong internal demand for dollars in Iraq, complicating efforts to manage the exchange rate and stabilize the economy.

    1. De-Dollarization Efforts by the New York Fed:

    The New York Federal Reserve has restricted dollar transfers to reduce dollar flows to Iran and Syria. They have also excluded over two dozen Iraqi banks from transactions, which has increased the complexity and demand for dollars in Iraq.

    The de-dollarization efforts by the New York Federal Reserve (New York Fed) are part of a broader strategy to control the flow of US dollars, particularly to countries under sanctions such as Iran and Syria. Here are the key points from the text:

    1. Restriction on Dollar Transfers:

    • The New York Fed has restricted the transfer of physical dollars to Iraq. Previously, both electronic dollars (via electronic funds transfer, or EFT) and paper dollars could be sent to Iraq. Now, the New York Fed primarily allows only electronic transfers while restricting the shipment of actual paper dollars.

  • Exclusion of Iraqi Banks:

    • Over two dozen Iraqi banks have been excluded from doing transactions with the New York Fed. The New York Fed will not transfer funds to these banks or respect their transactions. This exclusion is part of the effort to control the flow of dollars and reduce the likelihood that they will end up in countries like Iran and Syria.

  • Objective of De-Dollarization:

    • The primary goal of these restrictions is to reduce dollar flows to Iran and Syria. By limiting access to physical dollars and restricting certain banks, the New York Fed aims to make it more difficult for these countries to obtain US dollars, which are in high demand due to the devaluation of their own currencies and economic sanctions.

  • Impact on Iraq:

    • The de-dollarization efforts have significant implications for Iraq. The restriction on physical dollar transfers and the exclusion of certain banks have added to the complexity and demand for dollars within Iraq. These measures are part of the broader challenge facing the Iraqi government as it tries to manage its dual exchange rates and stabilize its economy.

    These efforts by the New York Fed are part of a strategic initiative to use financial controls as a means of exerting economic pressure on countries like Iran and Syria, while also attempting to mitigate the impact on the Iraqi economy.

    You can read more on the history and consequences of the dinar exchange ratehere.

    https://www.iraq-businessnews.com/?p=221422

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    Chats and Rumors Dinar Recaps 20 Chats and Rumors Dinar Recaps 20

    PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain political –type picture is posted on Marks videos I will not show it. If Mark gets removed from YouTube for political opinions I will no longer transcribe any highlights. Thank you for understanding.

    Thank you MarkZ for all your time, and encouragement daily….. PDK

    MarkZ Update- Some highlights by PDK-Not verbatim

    MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

    Coffee with MarkZ and Michael Cottrell Friday 6-28-2024

    Member: TGIF Beautiful Z Family! Sending Much Peace, Love & Harmony

    Member: I can’t believe how fast the weeks go by! It’s already Friday again!

    PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain political –type picture is posted on Marks videos I will not show it. If Mark gets removed from YouTube for political opinions I will no longer transcribe any highlights. Thank you for understanding.

    Thank you MarkZ for all your time, and encouragement daily….. PDK

    MarkZ Update- Some highlights by PDK-Not verbatim

    MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

    Coffee with MarkZ and Michael Cottrell Friday 6-28-2024

    Member: TGIF Beautiful Z Family! Sending Much Peace, Love & Harmony

    Member: I can’t believe how fast the weeks go by! It’s already Friday again!

    Member: Good Morning. Is it Fantastic Friday or Freaky Friday? Lol

    Member: Are we there yet-LOL.

    MZ: With what I am hearing from the banking side…..this may be it. I am feeling exceptionally good as to where we are at right now.

    MZ: News is pointing to right after July 4th from the banking side.

    MZ: I continue to get similar things for between the 4th and the 15th out of Iraq. I am hopeful this is accurate

    MZ: There is a lot of disinformation out there….Hang on and don’t ride the roller coaster.

    Member: RV- I hope it’s real and we are not just being strung along.

    MZ: When there is something real and actionable- I will share it. Hang on…We are watching it wind down to completion.

    MZ: Bonds and CMKX and Prosperity packages are quiet. Lots of chatter about preparations- but no details are being shared right now.

    Member: Frank 26 says Sudani has signed the budget

    Member: Iraq has passed the 2024 Budget schedules into law and should be in the Gazette this weekend or next Wednesday.

    Member: Wolverines says people are being paid , soon this will be over.

    Member: My local bank in Georgia, United Community, as of Monday launched a new website with a digital platform and wealth management.

    Member: I went to my bank yesterday and was told it would be closed for the next three days to change the system.

    Member: Looks like most of the good news comes out of BRICS lately…..They have a lot of things happening.

    MZ: Is BRICS to launch a Gold-Backed Currency this August?

    MZ: “BRICS Gold Backed Currency to launch at 2024 Summit?” It is now widely suspected and anticipated that BRICS will announce the details if not the actual gold backed currency in August at the BRICS summit.

    MZ: Will they give us the framework or the actual currency???? According to ministers in Russia, India and China…. – the new currency is ready and tested…..That could explain the 1300 tons of gold missing in China. It may have been tucked away to back the MBridge new currency. .

    Member: I sure hope we are not waiting for the new BRICS currency for the reset/rv???

    MZ: Japan is coming out with new currencies for July!

    Member: I heard that we're waiting for the announcement from the USA to confirm the New USN gold backed currency.

    Member: What is your gut feeling on when the RV may hit

    MZ: My gut is screaming between now and the 15th.

    MZ: I will be back stateside for July 4th to visit family and medical reasons…….Not because of the Potential RV. I would love to exchange while I am there though.

    Member: Hoping your exchange dream for over the 4th comes true Mark….for us all.

    MZ: As slow as Fridays are I may not do a podcast tonight. I need the rest.

    Member: MatkZ, Mods and everyone! I wish everyone a blessed weekend!

    Member: Still hoping, Wishing and praying this is our weekend.

    Mr. Cottrell Joins the stream today. Please listen to replay for his information and opinions.

    THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

    Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

    FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

    Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

    MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

    MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

    THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

    Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.

    Twitch: https://www.twitch.tv/theoriginalmarkz

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

    BRICS to Leave UN: What Next?

    Fastepo: 6-27-2024

    BRICS countries, along with other Global South nations, have voiced their discontent with the United Nations for several reasons. Chief among their concerns is the significant influence Western nations wield in key international organizations and decision-making processes.

    These countries believe that the current UN framework does not adequately represent their interests and viewpoints. Consequently, the BRICS nations are pushing for a more democratic and inclusive structure within the UN.

    For instance, during the recent BRICS summit, there were calls for comprehensive reform of the UN to ensure greater involvement of emerging nations, including a re-evaluation of the Security Council's composition and the veto power held by the permanent members. Consequently, there have been numerous calls for significant reforms or even a total overhaul of the UN, with the goal of establishing a more equitable and representative system of global governance.

    BRICS to Leave UN: What Next?

    Fastepo: 6-27-2024

    BRICS countries, along with other Global South nations, have voiced their discontent with the United Nations for several reasons. Chief among their concerns is the significant influence Western nations wield in key international organizations and decision-making processes.

    These countries believe that the current UN framework does not adequately represent their interests and viewpoints. Consequently, the BRICS nations are pushing for a more democratic and inclusive structure within the UN.

    For instance, during the recent BRICS summit, there were calls for comprehensive reform of the UN to ensure greater involvement of emerging nations, including a re-evaluation of the Security Council's composition and the veto power held by the permanent members. Consequently, there have been numerous calls for significant reforms or even a total overhaul of the UN, with the goal of establishing a more equitable and representative system of global governance.

    This video will delve into these proposed changes and the motivations driving them.

    https://www.youtube.com/watch?v=IwccA2r2mHI

    Japan Panic: Currency In Tatters, US Warns Against Yen Rescue, Economy Contracts Further

    Sean foo: 6-28-2024

    Japan's economy is in trouble. As the Yen continues a historic slide to a 38-year low, this spells danger for their manufacturing, economic growth and even their stock market. However, their dollar interventions are useless and the US just placed Tokyo on its currency watchlist!

    Timestamps & Chapters:

    0:00 Yen Collapses To Historic Low

    2:40 China Eating Japan's Market Share

    5:29 US Warns Against Currency Rescue

    8:28 Investors Fleeing Japanese Stocks

    11:23 The US Is At Risk

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

    It's Too Stupid Not To Be Planned | Bill Holter

    Liberty and finance: 6-27-2024

    “It’s too stupid to not be the plan,” says Bill Holter . He argues that recent U.S. policy decisions are clearly aimed at destroying the U.S. and surrendering our sovereignty to international bodies.

    Whether it's a plan or not, we're seeing a slow motion collapse of the purchasing power of the U.S. dollar. Holter discusses practical ways people can prepared today for what's coming.

    INTERVIEW TIMELINE:

    0:00 Intro

    1:38 Gold & silver update

    7:20 Coinage vs bills

    10:18 Banking system

    12:00 Latest scams

    13:00 Which banks will survive?

    19:39 Types of gold

    22:20 Gold/silver ratio

    23:56 Legal tender laws

    25:20 Gold/silver stocks

    26:10 Mexico and mining

    27:55 Gold revaluation

    31:39 The plan to destroy America

    33:23 Metals confiscation

    https://www.youtube.com/watch?v=STV9NEa8P68

    Read More

    News DINARRECAPS8 News DINARRECAPS8

    Iraq Economic News and Points To ponder Friday AM 6-28-24

    Parliament: Amending The Investment Law Will Reflect Positively On The Future Iraq 06/27/2024 Baghdad: Al-Sabah The Investment and Development Committee in the House of Representatives intends toamend theInvestment Law, which will reflect positively on this sector.

    Committee member Muhammad Al-Zayadi told Al-Sabah:

    This law is one of the important laws, as through it the legislative and executive authorities can provide what is best for this sector, noting that the issue of replacing the heads of investment bodies is a matter assigned to the provincial councils. He added that the legislative authority must implement what is stated in the Provincial Councils Law regarding the tasks of local governments, in addition to the fact that the Constitution fully clarifies the tasks and powers of local governments, and therefore what concerns those governments is their own business.

    Iraq Economic News and Points To Ponder Friday AM 6-28-24

    Parliament: Amending The Investment Law Will Reflect Positively On The Future

    Iraq 06/27/2024 Baghdad: Al-Sabah The Investment and Development Committee in the House of Representatives intends toamend theInvestment Law, which will reflect positively on this sector.

    Committee member Muhammad Al-Zayadi told Al-Sabah:

    This law is one of the important laws, as through it the legislative and executive authorities can provide what is best for this sector, noting that the issue of replacing the heads of investment bodies is a matter assigned to the provincial councils. He added that the legislative authority must implement what is stated in the Provincial Councils Law regarding the tasks of local governments, in addition to the fact that the Constitution fully clarifies the tasks and powers of local governments, and therefore what concerns those governments is their own business.

    Al-Ziyadi pointed out that the last stage witnessed the absence of the role of the local government, and timid follow-up by the members of the House of Representatives after the task was entrusted to them,

    but now the law must be implemented in its entirety and the local councils must present something to their people in all governorates and what they deem appropriate by changing or continuing regarding investment bodies..

    He pointed out that we must benefit from the mistakes that occurred in the past to correct the work of investment bodies, explaining that the

    violations in the work of the bodies, including extending the work of their heads, which some have spoken about, did not exist because this matter is within the authority of the Council of Ministers, adding that the matter is up to the provincial councils to implement what they see. appropriate according to their powers and do not allow any of the authorities to take away their powers for any reason. https://alsabaah.iq/98624-.html

    Cyber Resilience Controls For The Financial And Banking Sector In Iraq

    June 26, 2024 diamonds: Cyber ​​resilience controls for the financial and banking sector in Iraq .. For more, click here https://cbi.iq/static/uploads/up/file-171939700326129.pdf

    https://cbi.iq/news/view/2607

    ~~~~~

    [Approximate and incomplete translation of first two pages of 48 page

    https://cbi.iq/static/uploads/up/file-171939700326129.pdf]


    All banks

    All electronic payment service providers

    Cyber ​​ Resilience Controls for the Financial and Banking Sector in Iraq

    Based on the main role of the Central Bank of Iraq in regulating, developing and advancing the financial and banking sector

    With its various digital activities, technical and information operations, and its continuous endeavor to enhance cybersecurity and data protection and information related to financial and banking systems”

    and to develop a standard framework and controls for developing resilience capabilities Cyber ​​and levels of readiness to confront and respond to the effects resulting from risks, threats and cyber attacks “effectively”

    and enhancing the flexibility of financial and banking institutions to cope with technical and information security disruptions Cyber ​​crises, withstand these crises and recover from them in appropriate record periods, and ensure continuity of business and operations and banking activities.

    In order to provide a comprehensive framework for organizing, developing and developing this sector in a way that is compatible with modern technical challenges and threats Increasing cybersecurity”

    We attach a link to the document on cyber resilience controls for the financial and banking sector in Iraq Commitment to them in order to enhance the cyber resilience of your organizations.

    We consider the controls, guidelines, procedures and measures contained in this document an important reference and basis for protecting infrastructure Technology, financial and banking systems” and contributes to enhancing your institutions’ readiness and flexibility in facing technical challenges Security and cyber threats, adapting to them, predicting their risks, containing them, and recovering from them quickly. And guarantee capacity To continue performing tasks and functions and providing services on an ongoing basis.

    .. with respect.

    Attachments:

    - Cyber ​​resilience controls for the financial and banking sector in Iraq in Arabic and English.

    https://cbi.iq/static/uploads/up/file-171939700326129.pd

    Modify instructions

    June 27, 2024
    Modify instructions

    diamonds: Cancellation of Paragraph ( 5 / d ) of the instructions and standards for circulation and replacement of banknotes, and the counting and sorting mechanisms..For more click here: https://cbi.iq/static/uploads/up/file-1719486275814.pdf

    https://cbi.iq/news/view/2608

    ~~~~~

    [approximate and incomplete translation ofhttps://cbi.iq/static/uploads/up/file-1719486275814.pdf]

    All approved banks

    M/Instructions and standards for circulation and exchange of banknotes, and mechanisms for counting and sorting

    In addition to our Circular No. (34/4/9) dated 1/10/2024 - we would like to inform you of the cancellation of paragraph (5/d) of the instructions and standards.

    Circulation and exchange of banknotes and counting and sorting mechanisms included (collecting the amount of (250) dinars on bank deposits About the counting and sorting operations for each bundle) and this will be implemented starting from the date of 7/1/2024.

    with respect.

    Read More

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

    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. 28 June 2024

    Compiled Fri. 28 June 2024 12:01 am ESTby Judy Byington

    (Rumors/Opinions)

    Judy Note

    : From the information herein it’s assumed that matters regarding the Global Currency Reset and changeover to Restored Republics of the World is imminent.

    The Military was waiting on the World Court for legalities according to Common Law, to be finalized between nations.

    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. 28 June 2024

    Compiled Fri. 28 June 2024 12:01 am ESTby Judy Byington

    (Rumors/Opinions)

    Judy Note: From the information herein it’s assumed that matters regarding the Global Currency Reset and changeover to Restored Republics of the World is imminent.

    The Military was waiting on the World Court for legalities according to Common Law, to be finalized between nations.

    Everything has been completed for NESARA/GESARA payouts including GESARA being announced through certain media, making it legal.

    All debts of various nations including the US, have been settled using GESARA funds collected from the Cabal. GESARA has begun paying out in several countries, with the US payouts to citizens scheduled.

    Payouts for the Global Currency Reset has been authorized, scheduled and reported.

    Word was that right now some Tier 3 Zim Holders were in Reno meeting with their Wealth Managers and proceeding with the redemption process. The Pentecostal Group has already started to pay out their Group One.

    On Thurs. 27 June the new Iraqi Dinar rate was available to citizens of Iraq through their debit cards and ATMs.

    Iraq has scheduled an announcement of their new Dinar Rate by publication in their Gazette on Sat. 29 June, with the celebration scheduled for Sun. 30 June.

    Very soon Tier4b was expected to begin exchanges in China, the process going across Asia and into Europe and then to the US.

    The Pentecostal group will begin to pay out their Group Two on Thurs. 4 July – the same day the US will be celebrating Independence Day with major announcements expected.

    ~~~~~~~~~~

    Global Currency Reset and NESARA/GESARA:

    Thurs. 27 June 2024 Bruce:

    • All of my information tonight is coming from Iraq.

    • Today one of our sources was at the Iraqi Airport in Baghdad and was able to use his Iraqi debit card to access funds. For him to do that he had to have the new Iraqi Dinar Rate.

    • Today a source in Iraq said we would have the Iraqi Budget in the Gazette over this weekend.

    • My sources say Tier 4b notification could come the last three days of this month – Fri, Sat or Sun. 28, 29, 30 June.

    • Iraq was planning on celebrating their new Iraqi Dinar Rate on Sun. 30 June

    • The contract rate on the Dinar went up another dollar today. They will give that rate to you if you are a US citizen.

    • We don’t know when this is going to go. My Iraqi contact said our time was coming in a matter of days.

    Thurs. 27 June 2024 MarkZ: The new Iraqi Dinar Rate was not in the Wed. Gazette, but they did fully expect their new rate in the month of June. The country cannot function too long with the ATMs loaded with the new gold-backed Dinar Note. Banking contacts say it will happen sometime between July 4-8, while outsiders were saying July 12-13.

    Thurs. 27 June 2024 Wolverine:

    • My contact in Brazil just called and said “We won. We won. They have stated paying out.”

    • No one really knows when the RV is going to hit. It will come as a thief in the night.

    • The people that I have spoken to are people that have high level contacts and they are not gurus or messengers.

    • I received an audio from a friend which was a conversation of the paymaster and him and telling when his money is going to be deposited and how many dollars (which is a lot of zeros). That was real not a made up stories.

    • Looks like things have started and/or ready to go.

    • I received great news regarding Asia and the Philippines which will be going soon. All good news from Asia.

    • I also have great news from my source in Brazil: “Good information – and the people in Brazil have indicated to you officially, by part of the table, they were notified that everything is as scheduled and everything reported has already been authorized.” Also, some people in Brazil are going around with Bibles and thanking God for everything. People are getting very emotional, and people are being told to remain grounded. So, emotions are high quite down there!

    • I should receive Intel coming from Reno and hopefully get the news I have waited for. My associate has spoken to my Whale and said we are now closer than ever! He is waiting to get notified and waiting to go to Reno or whatever table he belongs to.

    • We will get notified, hopefully, any day right now. We have been told that before the end of the month we will be able to hopefully celebrate.

    • We heard from TNT saying that by Sunday we will celebrate, and all is lining up with Iraq.

    • All this has been very hard and draining on me Thank you for all your support. One of the toughest roles I have ever done. I have been involved in many things prior to the internet, but when the internet came through the attacks started. I was confronted with unrelenting things I had never encountered before, and to think I was not even a leader. When I embarked on this spiritual journey, I never thought these things would occur as we are here to help humanity, not here just for ourselves, but to help our fellow man. Things from all fronts saying it is happening.

    • My friend called, and it was an incredible emotional call, and he is getting really excited.

    • I am sure this news I have given you will lift your spirits, and hopefully in a few hours, I will get some news from Reno, and if it is the news I am waiting for, then we will have an emergency live call and we will get Carpathia to talk with us.

    • The Pentecostal group came out and it looks they have actually started to pay out Group One.

    • The owner came out with a post saying they are going to start paying the Second Group by the 4th of July.

    • Maybe Bruce got it right this time, as the notifications may come today, so keep an eye on your emails as they may pop up! Have a beautiful day, Wolverine

    Global Financial Crisis:

    Read full post here: https://dinarchronicles.com/2024/06/28/restored-republic-via-a-gcr-update-as-of-june-28-2024/

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

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

    Frank26 What sense would it make for Iraq to join, at a program rate, the WTO? It makes no sense. The Vietnamese dong it's in the WTO but...they are totally different. They deal with China and they have undervalued currency. Vietnam is a totally different scenario. Going into the WTO at a program rate is ridiculous...Everything is waiting for the new exchange rate so everything will make sense...

    Militia Man Iraq's working party on the accession of Iraq [to WTO] is July 18th 10:00am. I think we're waiting for a precursor to that. But...obviously they're going to have accession. When that exactly happens, on what day, is to be determined. They have things that have to happen prior to that.

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

    Why A "CREDIT FREEZE/COMPLETE LOCK-UP" Of The System MAY NOT BE TOO FAR OFF.

    Greg Mannarino: 6-27-2024

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

    There Are Multiple Banking Crises Happening RIGHT NOW…

    Lynette Zang: 6-27-2024

    Today's video we are discussing the multiple banking crises that are happening right now, right under our noses and the effect it has on your money...

    https://www.youtube.com/watch?v=A9ifrOOZDdg

    Read More

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

    TNT:

    Tishwash: Iraq secures its borders with more than 950 thermal cameras

    Today, Thursday, the Ministry of Interior announced the deployment of more than 950 thermal cameras on the Iraqi border.

    The spokesman for the Ministry and the Security Media Cell, Brigadier General Muqdad Miri, said in a statement received by the “Eshan” platform: “We have reached more than (950) thermal cameras on the Iraqi borders with neighboring countries during the past two years.”

    He added, “This number of cameras came after only 200 were installed over the past years.” link

    TNT:

    Tishwash: Iraq secures its borders with more than 950 thermal cameras

    Today, Thursday, the Ministry of Interior announced the deployment of more than 950 thermal cameras on the Iraqi border.

    The spokesman for the Ministry and the Security Media Cell, Brigadier General Muqdad Miri, said in a statement received by the “Eshan” platform: “We have reached more than (950) thermal cameras on the Iraqi borders with neighboring countries during the past two years.”

    He added, “This number of cameras came after only 200 were installed over the past years.” link

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

    Tishwash: Iraq signs a contract with Saudi Arabia to build a submarine cable to increase internet capacity

    The Iraqi Ministry of Communications signed a contract for the submarine cable construction project with the Saudi Telecom Company with the aim of increasing internet capacity in Iraq.

    Iraqi Minister of Communications Hiyam Al-Yasiri stated that this contract is the third of its kind signed by the current Iraqi government.

    She said in a press conference following the signing, "After signing this contract, the landing procedures will begin, which include surveying the site for water and moving the necessary ships for that, and then landing the cable at the Al-Faw station to be used in marketing internet capacities and increasing the internet capacities entering Iraq."

    Omar Al-Amiri, Director General of the Department of Relations and Media at the Iraqi Ministry of Communications, said, “Many international companies will pass their capacities through submarine and land optical cables, and this will help facilitate the movement of international communications and will link the countries of Africa and Asia to Europe via Iraq.”

    He stressed that such projects will have a "positive economic impact on Iraq by activating and investing in its geographical location."

    For his part, Ali Yassin, Director General of the Iraqi General Company for Communications and Information Technology, explained that “the To Africa submarine cable is one of the most important strategic submarine cables that passes through more than 33 countries.”

    He added that Iraq's joining this path will help increase Internet capacities.

    The Iraqi Ministry of Communications stated that the new submarine cable project strengthens Iraq's geographical position and consolidates its success in international communications (transit) called (the Road of Civilizations), noting that the rate of international communications passing through Iraq has increased to more than (one terabyte) during the past two months. link

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

    Tishwash: “National Bank violations” place the governor of the Central Bank before parliamentary accountability

    MP Alia Nassif directed a parliamentary question to the Governor of the Central Bank of Iraq regarding the preparation of non-Iraqi employees and managers and their salaries working in the National Bank.

    She called in a tweet she published on her account on the X platform, which the “Iraq Observer” agency viewed, which stated: Based on Article 61/Seventh of the Constitution and Article 29 of the Law of the Council of Representatives and its formations and Articles “50, 51, 53” of the internal regulations of the Council of Representatives, to inform Parliament of the legal basis for the National Bank’s violation of Iraqi laws, the Central Bank, the Banking Law and the instructions of the Central Bank.

    She pointed out the reasons for not declaring the actual salaries of the National Bank employees to the Social Security Department, especially non-Iraqis, due to the receipt of information about tax evasion and informing Parliament of the procedures.

    Earlier, Representative for the State of Law, Alia Nassif, revealed that the National Bank of Iraq controls 33% of dollar sales in Iraq, confirming that this bank is 77% owned by non-Iraqis.

    Nassif said in a tweet on the #Iraq."

    Nassif added: “In 2023, this bank bought $10.8 billion from the currency sales window. The volume of dollars sold from the currency sales window for the year 2023 amounted to $33.4 billion, according to data from the Central Bank of Iraq. The National Bank’s dollar purchase rate is 33% of the total sales of the foreign currency window.”

    Nassif asked: “Who is responsible for this financial disaster?”

    The book addressed to the governor link

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

    Tishwash: Construction of a modern bank in Sidekan at a cost of 1.4 billion dinars

    As part of the Kurdistan Regional Government's efforts to improve and develop the banking system, the establishment of an advanced bank in the Sidekan area within the boundaries of the Soran Independent Administration is scheduled to be completed in the near future, to facilitate the completion of citizens' transactions.

    The mayor of Sidekan district, Ihsan Chalabi, said in a statement to the Information Department in the regional government that "the process of establishing the modern Sidekan Bank is underway at a cost of 1.4 billion dinars, knowing that the completion rate has reached 95%," noting that "the establishment of this bank will contribute to strengthening the banking system in the region."

    "The completion of the bank will provide a great service to the citizens of the judiciary and will save them a lot of time and expenses," he added.

    A number of residents of the district confirmed that the bank "will be very useful because it will save them a lot of effort and time during their reviews of government departments and institutions in the cities of Soran and Erbil."

    It should be noted that the Kurdistan Regional Government has taken important steps in the field of salary distribution and digitization of the banking system as by 2025, one million people will have their own bank accounts. link

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

    Mot: ... What Day is Today

    Early Access — Dinar Recaps (4)

    Mot: . Amazing just how Insightful ole ""Earl"" can beeeee

    Early Access — Dinar Recaps (5)

    Read More

    Early Access — Dinar   Recaps (2024)

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