Dinar Recaps Blog Page — Dinar Recaps (2024)

KTFA

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FRANK26…..6-30-24…….WHERE’s THE BUDGET

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=hkLFNU98TCg

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.

Global Currency Reset: (Rumors and Opinions)

Sat. 29 June 2024 Wolverine: “The news has been overwhelming coming from so many sources. Some say it’s starting tonight. Some say it’s already started. They’re getting ready in Iraq for the RV tomorrow (Sun. 30 June 2024). …The latest is that you should get ready. It’s really coming.

The G-20 (an intergovernmental forum comprising 19 sovereign countries) gave the release and emails for the Internet Group will be coming out sometime between Mon. 1 July and Fri. 5 July. …Some Bond People have already been paid. They aren’t answering my calls because they are under NDAs.

Wolverine Cont……Be responsible with your money. Use it wisely. You will be an NDA and you cannot talk about the RV. If you talk about it you will get your money frozen and you won’t get it. I’ll be going silent for about three months. Get ready for tomorrow (Sun. 30 June 2024) for the biggest celebration you have ever had because that’s when the RV is coming out – about mid day in Iraq. This is not a false alert because it is really coming. I can’t wait because all that hate I have been hit by will go away. God Bless you. I love you. Welcome to the new World. Bye Bye.”

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Sat. 29 June 2024 Mr Salvage BREAKING NEWS FROM BRAZIL:

• Levels 4A and 4B are ready to receive notifications.

• The United States is under pressure to release NESARA.

• Wells Fargo and HSBC are on high alert

• All transactions are under military supervision.

• All payers are ready and funded

• All notifications will be released globally.

• All funds will be distributed globally

• The RUMOR is that they expect this to happen during the week.

Sat. 29 June 2024 Banker: “I have nothing to confirm the hour we will be notified about appointments to exchange or the dollar value of same, I do know the banker has had his staff on a one hour call to report to their assigned locations once the release has become authorized for the past three days, and that the rate in country was published in the Gazette today Sat. 29 June 2024. So folks we are extremely close. GOD Bless.”

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Judy Note: From the information contained herein it’s assumed that matters regarding the Global Currency Reset and changeover to Sovereign Republics of nations of the World were imminent:

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.

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.

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Global Financial Crisis:

The new USA Treasury Dollar, backed by RWA (Real World Asset), is coming. The Financial Accounting Manual for Federal Reserve Banks states that the Treasury Secretary can instruct the Fed to revalue the Gold on the U.S. government’s balance sheet. It will likely be revalued to over $20,000 per oz. Boom. It’s coming. https://rebrand.ly/USDEBTCLOCK_GoldAssets

Read full post here: https://dinarchronicles.com/2024/06/30/restored-republic-via-a-gcr-update-as-of-june-30-2024/

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

Walkingstick The ATM machines, they're all poised like centurions that are standing there. These ATMs are guarding the lower notes. It's time for all of this to come out now. It's just the budget we are waiting for. We're not waiting for any laws, we're not waiting for any new procedures.

Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We are now hearing from our news on Channel One that Iraq has been fully accepted into the WTO. This is going to be official...July the 18th. FRANK: To join the WTO Iraq does not need a currency with value. No, that's not the point. Iraq needs a currency that has no restrictions, no handcuffs, no limitations in order for it to float on an international market...whatever the case this is very good.

URGENT INFO for Iraqi Dinar Investors; Major Issues Affecting Future Rate

Edu Matrix: 6-30-2024

URGENT INFO for Iraqi Dinar Investors; Major Issues Affecting Future Rate 2024 Budget; Government Jobs; World Bank; Exchange Rates; Currency News; Iraq: Iraqi Dinar, Vietnam Dong, ZiG Currency, Haiti's Currency, Gold, and BRICS Currency Plans.

https://www.youtube.com/watch?v=ImeCKMZ0ErU

New Plan May Eliminate Property Taxes in Some States

Sachs Realty: 6-30-2024

Professor of Applied Economics at Johns Hopkins and Former Economic Advisor to President Ronald Reagan, Steve Hanke talks about rising property taxes.

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

Seeds of Wisdom RV And Economics Updates Sunday Afternoon 6-30-24

Good Evening Dinar Recaps,

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Judge Amy Berman Jackson has upheld Judge Torres’ doctrine, asserting that XRP’s secondary sales are not securities. This ruling came during the Binance vs. SEC case, where the SEC’s claim regarding secondary sales of Binance’s BNB was dismissed. To that end, the ruling by Judge Jackson, in concurrence with that of Judge Torres on the sale of XRP, sets an example in the crypto industry.

Read more:Crypto News Land

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Read more:Coin Edition

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CoinDesk described the ruling as a “fly in the ointment,” but the report elicited fierce kickbacks from XRP’s community, with Garlinghouse leading the charge. According to Garlinghouse on X (formerly Twitter), Garlinghouse described the report as “embarrassing,” noting that Hamilton did not expressly term XRP as a security.

Read more:ZyCrypto

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6 Ways To Build Wealth After Getting Laid Off — That Don’t Include a New Job

Vance Cariaga Thu, Jun 27, 2024

Layoffs are a fact of life in the modern economy — even when the economy is growing and unemployment is low, like now. The list of companies that have announced layoffs this year alone reads like a “who’s who” of corporate titans and includes Amazon, Walmart, Microsoft, Alphabet (Google), Tesla, Bristol Myers Squibb, Nike and Disney.

The disconcerting thing for workers is that employers sometimes announce layoffs even when they’re doing well financially. In some cases, businesses announce layoffs to make up for past hiring sprees. In other cases, they simply replace workers with AI or other technologies.

Given the size and frequency of layoffs these days, it’s understandable that some folks who have been given the pink slip have decided to stop looking for jobs altogether. If you fall into that category, here are six ways to build wealth that don’t include getting another full-time job.

Find a Side Hustle Instead

Unless you were given a generous severance package after getting laid off, you might need to bring in some immediate income to help navigate the initial rough patch. That doesn’t mean you have to get another job, however. There are plenty of side hustles available that let you work on your own schedule and be your own boss.

If you have expertise in a particular field, for example, you could serve as a consultant and earn up to $100 an hour or more. If you have a strong background in social media and a large network of online friends and followers, consider becoming an influencer. It’s not uncommon for successful influencers to earn six-figure incomes through sponsored promotions, brand collaborations, merchandise sales and other means.

Rent Out Part of Your House

If you are a homeowner, one of the best ways to earn immediate income following a layoff is to turn your house into a moneymaker. As the Virtual Vocations website noted, sites like Airbnb and Vrbo let you list single rooms in your house to travelers and traveling workers. You can earn an average of about $924 a month renting a room with a bed, bathroom access and cleaning services.

Invest In Dividend Stocks

You don’t have to be a stock market expert to find securities that can provide immediate income. The best way to do this is to build a portfolio of dividend stocks that let you collect regular passive income, which can compound into substantial long-term wealth.

Use your dividend payments to purchase additional shares through a dividend reinvestment plan (DRIP), and keep adding new capital. Modest initial investments can snowball into diversified six- and seven-figure portfolios over time.

Invest In Real Estate

To Read More:

https://finance.yahoo.com/news/6-ways-build-wealth-getting-220008576.html

Iraq Economic News and Points To Ponder Sunday AM 6-30-24

Investment: Iraq Has Become An Important Economic Destination In The Region

Information/Baghdad.. The National Investment Commission confirmed today, Saturday, that Iraq has become an important investment destination in the region and the world.

The Authority’s media said in a statement to the “Al-Ma’louma” Agency, “The improvement in the investment climate inside Iraq reflects the government efforts made to strengthen the economic and investment sector.”

He added, "The National Investment Commission monitors its investment and strategic projects in order to continue the rates of achievement and record the nature of the challenges that must be addressed to ensure the progress of work in Baghdad and the provinces." He pointed out that "there are major movements to create a safe climate to attract investments that achieve sustainable development in Iraq.” https://almaalomah.me/news/68835/economy/الاستثمار:-العراق-بات-وجهة-اقتصادية-مهمة-بالمنطقة

A Deputy Identifies The Positive Points In The Chinese Agreement.. “The Best For The Iraqi Economy.”

Posted On 06-29-2024 By Sotaliraq Today, Saturday, Representative Rafiq Al-Salhi identified the positive points in the Baghdad-Beijing Agreement and its impact on the national economy.

Al-Salhi said in an interview, “No one disagrees on China’s economic dimension on the international stage at the present time, with its capabilities growing in all fields to become a major economic power on the global level.”

He added, “The economic agreement between Baghdad and Beijing is important for both parties and carries positive dimensions in terms of creating flexibility in the implementation of strategic projects by Chinese companies that are distinguished by their ability, high efficiency, and interaction with the situation in a positive way.”

He pointed out that "the Baghdad-Beijing agreement is the best for the national economy, and reviving its provisions will constitute another support in opening new economic horizons through development projects, especially with regard to the Grand Faw Port."

It is noteworthy that Iraq signed an economic agreement with China during the era of Abdul Mahdi’s government, but international pressure led to its postponement. LINK

Oil Rises Significantly And Is Heading For Gains For The Third Week In A Row

Saturday 29 June 2024 08:55 | Economic Number of readings: 206 Baghdad / NINA / Crude oil prices witnessed a noticeable rise during global market trading, and prices are heading to achieve gains for the third week in a row, supported by improved market sentiment regarding the possibility that American demand for crude oil will increase during the coming period, driven by strong economic growth data in the United States. United States (the largest consumer of crude oil in the world).

At the end of trading yesterday, Friday, spot contracts for Brent crude witnessed a jump of 0.34% and reached about $85.66 per barrel, and spot contracts for West Texas Intermediate crude also rose by 0.57% and recorded about $82.22 per barrel.

Crude oil prices received support that enhanced their rise during global market trading on Friday, after data received from the US Bureau of Economic Analysis yesterday showed that the final reading of the gross domestic product growth rate in the United States recorded a growth of 1.4% during the first quarter of this year, In the same quarter, the US GDP price index recorded a growth of about 3.1% during the first quarter, which reinforced market speculation about the possibility that US demand for crude oil would increase during the coming period, supporting oil price levels in the market.

In this regard, crude oil prices recorded a clear rise during market trading, amid the prevailing state of fear in the global market regarding the possibility that the crude oil market will be exposed to a large supply deficit during the coming period, especially after a Ukrainian plane caused a fire to break out in an oil tank for the Russian Druzhba pipeline.

(One of the largest parts of the Transneft system, which monopolizes Russian pipelines), in the Tambov region, southeast of Moscow, which led to a fire in a crude oil warehouse, which pushed oil prices to rise in the last week’s trading.

Also, crude oil prices rose significantly during trading, coinciding with the escalation of geopolitical tensions in the Middle East between Israel and Lebanese Hezbollah, with Hezbollah intensifying its attacks with missiles and drones in northern Israel during the past weeks, which increased pressure on the Israeli government, and led to... Escalating tensions in the region, which may extend to areas rich in crude oil, and this would enhance expectations of the possibility that the oil market will be exposed to a shortage of supplies, and lead to a rise in crude oil prices in the market.https://ninanews.com/Website/News/Details?key=1137691

Iraq Transfers $1 Billion Abroad In A Week

Economy | 03:08 - 06/29/2024 Baghdad – Mawazine News The total sales of the Central Bank of Iraq of the dollar during the week in which the auction was opened amounted to more than one billion dollars. The Central Bank sold, during the past week and for the 4 days in which the auction was opened, one billion, 105 million, 258 thousand, and 154 dollars, at a daily average of 276 million, 314 million, and 538 dollars, lower than the week before the Eid holiday, which amounted to one billion, 378 million, 885 thousand, and 407 dollars.

The highest sales of the dollar were on Wednesday, where sales amounted to 281 million, 804 thousand, and 784 dollars, while the lowest sales were on Sunday, where sales amounted to 273 million, 244 thousand, and 330 dollars.

Foreign remittance sales last week amounted to 1 billion, 005 million, 048 thousand and 154 dollars, an increase of 90% compared to cash sales which amounted to 100 million 210 thousand dollars.

Sales went in the form of cash and remittances abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards amounted to 1310 dinars per dollar, and the selling price of remittances abroad amounted to 1310 dinars per dollar, while the cash selling price amounted to 1305 dinars per dollar. https://www.mawazin.net/Details.aspx?jimare=250464

Find Out The Exchange Rate Of The Dollar On The Baghdad Stock Exchange

Baghdad - Mawazine News The dollar exchange rate against the dinar rose slightly today, Saturday, in the central stock exchange and the markets of the capital, Baghdad.

With the opening of the Al-Kifah and Al-Harithiya stock exchanges, dollar prices recorded 147,250 dinars for every 100 dollars, while they closed last Thursday at 147,150 dinars for every 100 dollars.

Selling prices in banking shops in local markets stabilized at a selling price of 148,250 dinars, while purchasing prices reached 146,250 dinars for every 100 dollars.

https://www.mawazin.net/Details.aspx?jimare=250452

To read more current and reliable Iraqi news please visit :https://www.bondladyscorner.com/

Provoking Thoughts and Points To Ponder On Adversity:

Who hath not known ill fortune, never knew himself, or his own virtue.-David Mallett

Adversity is the trial of principle. Without it a man hardly knows whether he is honest or not. -Henry Fielding

I think the years I have spent in prison have been the most formative and important in my life because of the discipline, the sensations, but chiefly the opportunity to think clearly, to try to understand things. -Jawaharlal Nehru

We only really face up to ourselves when we are afraid.-Thomas Bernhard

Difficulties are things that show what men are.-Epictetus

http://famousquotesandauthors.com/topics/adversity_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.html

DJ: DID YOU KNOW?

We watch for a global financial reform (GCR) yet fail to take into consideration the diversity of governing bodies and systems that actually inhabit the world. The world is a tapestry of diverse governance systems, each shaped by a unique blend of historical, cultural, economic, and social factors. Understanding why countries have different forms of government requires diving into the complex interplay of these influences.

To implement a GCR each sovereign’s governing body must be considered. One size does not fit all.

In some cases the historical context of a country plays a pivotal role in determining its government structure. Nations with a colonial past often inherit elements of their colonizers’ political systems. As an example, many countries in Africa and Asia that were once part of the British Empire adopted parliamentary systems.

Conversely, nations with revolutionary histories, such as the United States and France, often developed systems that reflect their struggles for independence and democratic ideals, leading to presidential and semi-presidential systems, respectively.

In other cases cultural values and social structures have shaped governance. In societies with a strong emphasis on communal decision-making and consensus, such as many indigenous communities, governance systems often reflect these principles. Some African nations incorporate traditional councils into their modern political frameworks. In other nations, the role of religion significantly influences government forms, as seen in the theocratic systems of Iran and Saudi Arabia, where religious doctrine guides political decisions.

Economic conditions can also drive the form of government a country might adopt. Industrialized nations with diverse economies tend to favor democratic systems that can adapt to changing economic needs and encourage innovation.

On the other hand, countries with economies heavily reliant on natural resources may develop more centralized forms of government, where control over resources can translate into political power, as seen in many oil-rich states.

For any type of universal financial system to integrate into the diversity of forms of government across the globe, it has to take into consideration the multifaceted nature of human societies. With that requires adaptation of a universal financial language ( Basel 3.5 and ISO 20022 with likely more to come). Most have adapted these languages but not all have yet.

Also keep in mind that each sovereign country must look after the specialized needs within their borders. In fact it is their duty, regardless of any particular governance structure, to make decisions that are beneficial to its people. In order to fulfill that function a country must be sovereign.

Sovereignty is crucial for a country as it ensures its autonomy and the ability to govern without external interference. It is essential for preserving a nation’s integrity, stability, and the democratic principle of self-determination.

This independence allows a nation to make decisions that reflect the will and interests of its people, maintain control over its resources, and implement policies tailored to its unique cultural, social, and economic needs. Sovereignty also enables a country to enter into international agreements and participate in global affairs on its own terms, thereby protecting its national identity and promoting its development.

So while the masses and Intel providers seem focused on the mechanisms being structured, developed and deployed for delivery of these funds it is the “behind the scenes” geopolitical activity that is crucial. How these funds will integrate into the diversity of governance structures is the key.

Anyone can build a boat but if there is no water to float it on all you have is a motor home with no wheels.

DJ

https://dinarchronicles.com/2024/06/29/the-office-of-poofness-weekly-report-update-from-poof-and-dj-6-24-24/

The Latest RV And Economics Updates from the Seeds of Wisdom Sunday AM 6-30-24

Good Morning Dinar Recaps,

But even if this is true, the level of the exchange rate and changes in that level are believed by many Iraqis and foreigners as providing valuable insight into the quality of economic management in Iraq.

Source:Iraq Business News

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Source:Iraq Business News

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To an Indonesian investor, an investment of 100 million rupiah would pay 4 million rupiah per year with return of principal after 20 years. But for an investor buying such a bond with U.S. dollars, an unfavorable movement between the relative value of the two currencies could create extra risk.

Read more:Investopedia

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TNT:

Tishwash: In the presence of Al-Sudani...the launch of the central celebration of the National Day of the Iraqi Press

The activities of the central ceremony held by the Iraqi Journalists Syndicate on the occasion of the National Day of the Iraqi Press were launched at the Al-Rashid Hotel in Baghdad this morning, under the slogan (Iraqi journalists give freedom and inspiration to build)

In the presence of Prime Minister Muhammad Shiaa Al-Sudani, Acting Speaker of the House of Representatives Mohsen Al-Mandalawi, and the Head of the Journalists Syndicate.Iraqis, President of the Union of Arab Journalists, Muayyad Al-Lami, and a number of ministers, leaders, officials, ambassadors, and Arab and foreign delegations. ink

Tishwash: Next month...the salaries of retired workers will increase

The Ministry of Labor and Social Affairs will begin increasing the salaries of retired workers next July.

The Ministry's official spokesman, Najm Al-Uqabi, said in a statement received by Al-Maalouma, “The Ministry will begin implementing the increase in the salaries of retired workers starting in July, indicating that it will be in the amount of 150 thousand dinars distributed according to a retirement formula."

He pointed out that “the maximum limit for the worker’s pension will be 700 thousand dinars according to a retirement formula.” The one who receives the minimum amount of 350 thousand will have a salary of 500 thousand after adding the increase, and so on.” link

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Tishwash: Will the state adopt the provision of sovereign guarantees to finance private industrial projects?

The financial and economic advisor to the Prime Minister, Mazhar Muhammad Saleh, explained today, Friday, that the state has adopted a policy of providing sovereign guarantees for loans obtained by the private sector to finance an important package of private industrial projects.

Saleh told Al Furat News Agency: “There is a fundamental link in financing and implementation adopted by the government program and general policy in development, and its basics are summarized in the high implementation of the listed and ongoing government investment projects that faced procrastination and halting for many years.”

He added, "The current investment program is based on completing the implementation of investment projects without interruption and in accordance with the financial resources allocated to them included in the Federal General Budget Law, while ensuring the sustainability of the funding sources necessary for the continuation of implementation, especially in the field of high-service infrastructure such as projects to develop electricity, drinking water, roads, sewers, etc., with priority that touches the lives of citizens."

He pointed out: "Based on the above, the increase in revenues is one of the important financing levers in overcoming the problems that were facing government projects, which are called (slowed), and which have now entered into implementation and completion, in accordance with the approved policy (No more slowed projects)."

He expressed: "Therefore, there is a clear correlation between the capacity to implement urban projects in the country and the growth of public revenue sources (whether oil or non-oil) and harnessing their high financial flows to serve the requirements of economic development in our country in a way that maximizes the gross domestic product and provides high and sustainable employment sources at the same time.

The private sector assumes an important responsibility in implementation as it is the effective strategic partner in developing the Iraqi economy and advancing its infrastructure and various production activities."

Saleh noted that "the state has adopted a policy of providing sovereign guarantees for loans obtained by the private sector to finance an important package of civil industrial projects, most notably projects to produce industrial and construction outputs related to the advancement of reconstruction, housing and infrastructure, with sovereign guarantees for the private sector amounting to 85% of the value of private activity, specifically industrial activity." link

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Tishwash: Economist reveals the main factors that influenced the implementation of the Maronites

Former Director of the Financial Supervision Bureau, Salah Nouri, revealed today, Friday, the basic factors that influenced the implementation of the budget approval.

Nouri told Al Furat News Agency: “The main factors affecting the proper implementation of the Maronites are:

_Approval of the budget early, at least in the third month of the fiscal year

_Accuracy of financial allocations according to the priorities of the government program

-The speed of cash financing for public spending units. This concerns the duties of the Ministries of Finance and Planning, the Council of Ministers, and the Representatives

As for the executive departments, Salah added, “Transparency, integrity and quality in the use and spending of funds according to the approved financial allocations.”

He stated, “The efficiency of the executive human resources in the public spending units, based on the basics of implementing the aforementioned general budget, will greatly affect the achievement this year in terms of delays in approving the budget and delays in financing, in addition to the weakness of efficiency, transparency, integrity, and quality, especially in investment projects.” link

KTFA:

BuckeyeTree: We are at the end of June, and Sunday, June 30, is mid year, an opportune time. Almost daily there is a cascade of news in articles from Iraq and Eddie. IMO, June may end with great news, and, if not with what we seek, but maybe news that brings us yet closer to what we seek.

There have been times which looked good that have come and gone. More needed to get done, and we have waited. Now ATMs are out and official WTO full member status as of July 18. IMO, the window seems to be getting smaller and startup of those idle ATMs dispensing and working maybe closer! IMO.

TBJohnston: I agree, Buckeyetree, IMO we are CLOSER than EVER to this blessing finally happening, and tomorrow from Today's perspective looks very promising indeed!

Frank26: "KTFA FAMILY... SUDANI GUARANTEED THE CONTRACTS FOR INVESTMENTS WITH A NEW EXCHANGE RATE, THEN HE TOLD THOSE AGAINST THE MONETARY REFORM.......... DON'T YOU DARE TOUCH MY INVESTORS BECAUSE I GUARANTEED THEIR MONEY, INVESTMENTS & CONTRACTS!!!"..........F26

What is the importance of Iraq joining international agreements?

6/26/2024 Baghdad

The Chairman of the National Investment Commission, Haider Makiya, stressed today, Wednesday, the importance of Iraq joining international agreements to enhance the investment sector, noting that Iraq has provided real guarantees to attract foreign investments.

Makiya said, in his speech, during the launch of the National Investment Commission conference in cooperation with the United Nations Development Programme, that “Iraq’s accession to the International Settlement Agreement resulting from international mediation and disputes that was signed in 2024, will contribute to achieving the goals of sustainable development and encouraging the increasing use of international mediation as a means.” Effective for settling cross-border disputes, for the purpose of maintaining trade and investment relations between the parties involved in the investment process.”

He added, "This agreement has a pivotal dimension, foremost among which is finding an alternative method to litigation procedures before international arbitration bodies in disputes arising from investment, especially since Iraq joined in 2015 the International Center for the Settlement of Investment Disputes between States and Citizens of Other Countries, and this "It will give foreign investors the right to resort to the Washington Center."

He continued, "Also, the Republic of Iraq's accession to the New York Convention on the Recognition of Foreign Judgments of 1958 means completing all the necessary legislative environment to provide real guarantees and protection for foreign investors, and this will reflect positively on attracting foreign capital to Iraq, which aims at the construction and reconstruction process, and will raise Iraq's classification." .

He explained, "This agreement enhances the Iraqi investment reality, because it includes many international and qualitative strategic investment opportunities that impose contracts with specialized foreign companies for investment purposes. This requires Iraq to provide legal protection to those companies by resolving disputes in the event that they arise from investment contracts that It is imposed by state institutions on these companies, which prefer to resort to international arbitration to guarantee their rights, as stipulated in Article 27 of Investment Law No. 13.”

He pointed out, “Iraq’s accession to the International Mediation Agreement (Singapore Agreement) is necessary to attract foreign investments and achieve intended development, especially in light of Iraq’s transformation and dependence on a free market economy. This agreement will also create a legal framework that allows reliance on agreements.” The settlement resulting from mediation is easily implemented by all countries.”

Makiya stressed that “the legal department at the National Investment Authority and the investment authorities in the governorates will work to include international investment contracts by relying on mediation mechanisms in investment-related disputes before resorting to international arbitration, which will send a message of reassurance to foreign investors and foreign companies in order to proceed with resolving disputes.” related to these contracts, is easier than entering into international commercial arbitration procedures.”

He pointed out, “The Republic of Iraq’s accession to the International Commercial Arbitration Agreement and the Singapore Mediation Agreement, in addition to concluding many agreements to encourage and protect mutual investments between Iraq and many international countries, made Iraq occupy fourth place in the classification of foreign direct investment.”

And the best emerging markets to invest in 2024.”

He stressed that "the noticeable improvement in the investment climate in Iraq comes as a result of government efforts made to strengthen the economic and investment sector, in attracting foreign investments," calling on foreign companies, foreign investors and businessmen to "visit Iraq to learn about the investment opportunities included in the investment map, and to attend the forum."

"Iraq Investment Bank, which will be held next November, will launch more than 100 investment opportunities with integrated approvals, and review the benefits and guarantees that the investment law will provide to investors." LINK

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

Frank26 Sudani...I honestly feel he has put everybody ...in checkmate...He put Kurdistan and Barzani in checkmate when he showed them the new exchange rate IMO. He put all the contractors in checkmate ...when they rewrote [contracts] with the new exchange rate IMO...Sudani has...all those involved in monetary reform in checkmate, even the United States of America, WTO, everybody is in checkmate...Look at all the excitement...pomp and circ*mstances pointing at Iraq from everybody... bowing to Iraq...You got the oil we want...The whole world knows Iraq are in control of them.

Bruce [via WiserNow] ...all of this information...is coming from Iraq directly, and we have some sources there ...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...He did have a rate, and he was...successfully able to transact business in Iraq - on the Iraqi dinar...He said, our time will come in a couple of days, a couple more days, but I think he's probably right...This should be a bang up weekend for us.

BRICS No to World Bank: What Next?

Fasstepo: 6-29-2024

The World Bank, a cornerstone of global financial governance, has long been a subject of criticism.

As the institution faces growing scrutiny from the Global South and BRICS countries, several pressing questions arise: Why is there a persistent perception of Western dominance within the World Bank's decision-making processes?

How do the conditionalities attached to its loans impact the socio-economic landscapes of recipient countries? And why have alternatives like the New Development Bank emerged as significant players in global finance?

This video delves into these critical issues, exploring the structural imbalances, the controversial policy impositions, and the rigidity that critics argue undermine the World Bank's mission.

https://www.youtube.com/watch?v=62PIbwJp5R0

KTFA

Saturday Night Conference Call

FRANK26….6-29-24….IT’S TIME FOR THE BUDGET

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=bKgevZV3C-A

Project mBRIDGE Explained: BRICS, Multi Currency Reality Via New Blockchain Settlement System

Lena Petroa: 6-29-2024

Blockchain-based project mBRIDGE will become the foundation for a new, global alternative financial system. mBridge does not support settlements made in U.S. dollars.

Today, Warwick and Lena discussed how project mBRIDGE works, its structure, key stakeholders as well as the benefits that it will facilitate for the global majority.

The discussion focuses on the process of de-dollarization, the BRICS+ bloc and the future of payment settlements.

https://www.youtube.com/watch?v=hRwzx7WnT7s

BRICS Shocked Dollar by Switching to Gold Reserve: What next?

Fastepo: 6-29-2024

In this video, we explore the recent global shift toward increasing gold reserves and examine how this trend impacts the relationship between gold prices and the US dollar.

We delve into the reasons behind various countries' moves to diversify their reserves away from the US dollar. Additionally, we analyse how gold prices typically respond to fluctuations in the US dollar.

https://www.youtube.com/watch?v=JjwhZ8fWbcg

What Is Money?

Lynette Zang: 6-29-2024

Today we are talking about money, what it is, how it's created and the lie that has been sold to us...

https://www.youtube.com/watch?v=wbs6Dye17Do