85% of it is in homes... “Hoarded cash” is the most difficult equation in reforming the banking system, 24 OCT

  85% of it is in homes... “Hoarded cash” is the most difficult equation in reforming the banking system

Today, Monday (October 23, 2023), the financial advisor to the Prime Minister, Mazhar Mohamed Saleh, set the priorities for reforming the banking system and the conditions for achieving it.

Saleh told the official agency, “The basic function of the banking system is bank credit or granting loans and is based on a basic lever aimed at attracting hoarded funds from outside the banking system and pushing them into banking channels.”

He added, "Banking reform can play its effective role in searching for easy banking mechanisms that help at the same time strengthen credit activity or grant loans, and proceed with financing economic activity more broadly without stumbles in bank liquidity."

He stressed that "this will achieve the goal of central banking reform in achieving easy, low-risk credit, through the availability of reform mechanisms capable of regularizing the flow of funds within the banking system and transferring them from economic surplus units (saved and hoarded) outside the banking system to become in the form of bank deposits that are protected." Sufficient liquidity risks are then transferred through credit or lending operations to financial deficit units that are looking to obtain financing to carry out investment and economic activity.

He pointed out that “the fundamental problem that the banking system suffers from, and the aspiration to reform that system, lies in the following question, which is: How can banks reverse the hoarding equation represented by the public’s retention of about 85% of the issued currency, which is still in the form of hoarded balances outside the banking system and is considered inactive, unused balances?” Effective, and does not provide any important service to the national economy, and that some of it operates with very high usurious borrowing risks?

Saleh believed that “one of the priorities of banking reform is to work to reverse the hoarding equation to become a savings equation with which the public’s surplus funds flow in the form of safe bank deposits, which requires that banks compete to attract deposits and provide loans in accordance with the banking management requirements that banks must work with, whether they are Governmental or private?

The Prime Minister's advisor continued, "Therefore, the basics of banking reform are for banks to search for adequate, effective and influential means that attract the public to open bank accounts, because the bank account is one of the basics of financial inclusion and encouraging individuals of all segments to make bank deposits, and by encouraging means the priority for the depositor to be obtained is On bank credit or banking facilities when needed before others, to ensure that the public is encouraged to make double deposits.

He noted that "the banking system still deals with only 15% of the monetary mass issued into circulation until today, which is called cash leakage outside the banking system, and it is one of the basic indicators from which banking reform begins."

He pointed out that "the priorities of banking reform are achieved in providing competitiveness by winning public deposits by facilitating cash deposit procedures and creating an effective atmosphere of reassurance that the deposited funds are protected according to the law and that the Iraqi Deposit Guarantee Company is the primary protector of deposits against banking risks."

He stated that “the first and final goal of reforming the banking system will remain based on quickly providing facilitated banking services to economic activity with the highest levels of facilitation, in addition to providing positive incentives to the public in order to deposit, whether with encouraging bank interest or facilitating (easy and safe) deposit and withdrawal methods for their money, in addition to obtaining loans.” "Before others."

He pointed out that "the overall banking reform that we are looking forward to requires searching for means that embody the ability to transfer funds from the surplus units that hoard cash wealth (the public), which are mostly unemployed and hoarded, to be transferred to the investment forces that are searching for funds to complete the national income cycle and contribute to economic growth through... Granting credit and carrying out the real productive activity necessary to sustain development, which at the same time requires sustainable bank financing coupled with banking reforms as a precondition.  link

FRANK26……10.23.23……..STAY PUT…DON’T GO ANYWHERE !!!

Iraqi Dinar 1 to 1 Exchange Rate in Iraq: Is It Finally Happening | HOT ...

"RV UPDATE" BY FRANK26, 23 OCT

  Frank26 

  When you ask when is it going to happen... ask how is the cleaning going.  How is the removal of Iran...eradicating the smuggling going.  That's what we want to know.  Nothing else. 

 Because once the atmosphere is suitable you're going to get what you want.  You're never going to get rid of the cockroaches but you can definitely control them. That's what's happening right now - corruption is being controlled, it's being cleaned up.

Major powerful countries are coming into Iraq.    It's going to affect their currency exchange rate.  More than anything else it will rocket their float and that when you have to be very astute.  Watch it...You've got to watch the rate in the float.  Know when to hold'm and know when to fold'm.  Know when to backoff. 

Question "Many years ago Dr. Shabibi said the dinar would be able to support it up to $16.  Would that still be true for the RI?" 

 No, it's far past that but it would be illogical to come out at $16 or $28 or whatever.   You need that margin for the float.  

 You don't need it to show off.  That's what Kuwait did and they realized their mistake...The next day 

they brought it back down very quickly.  It gave a window for sharks and whales...and they made massive amount of money.  Obviously it was done on purpose.  And obviously the IMF doesn't allow that to happen again.

Al-Sudani reaffirms commitment to U.S.-Iraq strategic framework agreement, 23 OCT

 Al-Sudani reaffirms commitment to U.S.-Iraq strategic framework agreement, 23 OCT

Shafaq News / Iraqi Prime Minister Mohammed Shia Al-Sudani engaged in significant diplomatic outreach on Monday, holding discussions with U.S. Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin.

During these conversations, Prime Minister Al-Sudani reiterated Iraq's steadfast commitment to the U.S.-Iraq Strategic Framework Agreement across various domains.

In a statement, it was revealed that Prime Minister Al-Sudani and Secretary Blinken discussed the escalating developments in the Gaza Strip and the worsening humanitarian situation for the Palestinian people.

Both leaders emphasized the critical need for coordinated efforts to ensure continuous and secure access to food, water, medical care, and other essential aid for the affected population.

The call also highlighted Iraq's commendable efforts in providing humanitarian assistance to civilians in Gaza, underscoring the necessity of joint coordination to maintain stability in the region and prevent the conflict from expanding.

Additionally, Prime Minister Al-Sudani and Secretary Austin delved into discussions regarding the presence of military advisors and international coalition teams combating terrorism in Iraq.

They emphasized the importance of supporting Iraqi security forces with advice and training, aiming to sustain the victories achieved against ISIS. The conversation, as outlined in the statement, reiterated Iraq's commitment to safeguarding military advisors and diplomatic missions operating within the country.

https://shafaq.com/en/Iraq-News/Al-Sudani-reaffirms-commitment-to-U-S--Iraq-strategic-framework-agreement

Evening News with MarkZ. 10/23/2023

Monday Evening News with MarkZ 

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

Member: Good evening everyone hope all is well

Member: It's time for the Mark Z show with his golden egg crew

Member: Whats with all the stars on the map on your video thumbnail Mark?

MZ: That is all the places we are not supposed to travel right now. Think about that one.

MZ: Nader did find an interesting article today….you guys need to watch this on your own…..and like and subscribe. He is talking about the amount of money -85% of their money does not go through their banking system. They are pushing hard over this week in Iraq to get that money into the banking system

Member: Iraqis do not trust the banks……we do not trust the banks……The financial system needs to reset NOW!!!

MZ: Other than that it’s been very quiet. I reached out to some folks in Tier 1 and they guaranteed to me that the ball is not rolling yet….They are prepped and ready but it has not started…no matter what the rumors say. I spoke to some people that are key to this process and they say it has not started yet.

MZ: The groundwork is done but the trigger has not been pulled yet. 

Member: When do you feel the dinar will revalue?

MZ: I think we are in the last few weeks of this thing. I do not think the world is going to survive much longer. Banks are imploding all around us. My gut says 2-3 days…or a week to a week in a half….but, I am waiting to get some confirmations on that. Real confirmations from high and credible sources. 

MZ: I think some know what the timing is and are not talking because they are afraid of screwing it up. So are afraid of saying anything. 

Member: Only 2 months left of this year…….something needs to happen and now. 

Member: So now it could be weeks? What happened to anytime ?????

MZ: Anytime….Any minute…..this week …next week……they have put out so much misinformation to cloud this timing….noone knows the exact date. 

Member: I pray it happens before the holidays. 

Member: I pray it still happens in October

MZ: It’s going to be a complete surprise to all of us the moment it goes. I know we are all tired of hearing it is close. 

Member: hey Mark I talked to Chase Bank they said they knew what I was talking about the exchange and that I would be the first customer they call

Member:  Question: Do we have to have a Speaker of the House before we RV?

Member: Some say yes and some say no…..wish we knew.

Member:  The whole world is between a Iraq & a hard place. Just like the Israelites at the Red Sea. we are exactly where God needs us to be. He's about to show up & show off! Let's go God’s perfect timing

Member: This movie has us conspiracy theorists looking like weirdos

Member: Remember: Noah was the original conspiracy theorist…then it rained. 

Member: I would rather wear a tinfoil had then have blinders on. 

Member:  Stay strong folks…log off for a few days if needed as this event will not pass you by. Fundamentals are screaming something major about to break…when not if.

Member:  Soooo ready for the most magnificent wealth transfer in history!!!…

Member:  I feel like something really big, is about to happen. I'm beyond, stoked ! Hope you all have a wonderful evening, 

Mod:  AS WE WAIT FOR THE BLESSING TO HAPPEN.... PLEASE STAY ENCOURAGED...DON'T LET THIS DISCOURAGE YOU! IT IS STILL A “WHEN” NOT AN "IF" SO Don’t Give UP!!

Member:  Thanks for all the Mods and Mark for being there for us

“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & 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

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.

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

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

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

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Iraqi Dinar✅CBI Governer Al Alaq Huge Announcement | Iraqi Dinar News To...

The conflict in Gaza threatens Iraq’s stability, progress in US-Iraq relations, 23 OCT

 Shafaq News/ Militant group Hamas’s October 7 attack against Israel threatens to disrupt more than normalizing relations with Israel. Before the attack, the Middle East and North Africa were on a slow path to stabilization. Arab states and Israel were beginning to settle their differences, Saudi Arabia and Iran had established relations, and the Yemen conflict was slowly ending.

 In Iraq, economic prospects were slowly improving after its economy contracted due to the pandemic, exacerbated by ongoing anti-Iran protests and sectarian strife. Moreover, as the Stockholm International Peace Research Institute pointed out in March, Iraq was “enjoying its most stable period since 2003.” US-Iraq security relations even improved after the Iraqi Parliament called for the withdrawal of US troops in 2020. In August, both countries reaffirmed their commitment to increasing security cooperation.

That period of relative stability may be coming to an end. After Israel responded to Hamas’s deadly October 7 attacks, Iraqis took to the streets in massive pro-Palestinian protests, burning Israeli flags and chanting anti-American slogans. Iraqi Prime Minister Muhammed al-Sudani expressed solidarity with the Palestinian cause and has described the Israeli response as “brutal Zionist aggression.” His predecessors, including Mustafa al-Kadhimi, Haidar al-Abadi, Adil Abdul-Mahdi, and Nouri al-Maliki, echoed Sudani’s solidarity, adding that the Hamas attacks were a “natural response” to “Israeli provocations and violations.” Iraq’s Iran-backed militias, such as the Badr Organization, Asa’ib Ahl al Haq, and Kataib Hezbollah, expressed their support for the attacks and declared their readiness to attack American targets should the US intervene. 

As Amir al-Kaabi and Michael Knights of the Washington Institute for Near East Policy point out, much of the Iraqi response is theater. Many militia threats were conditioned on unlikely events, such as direct US intervention or escalation. These threats also employ a little strategic ambiguity: what counts as direct or indirect intervention is up for interpretation. In fact, Kaabi and Knights describe the general response, even by Iraq’s most rabid militias, as “cautious” and, in some cases, “muted.” It should also be of little surprise that the Iraqi response is overwhelmingly pro-Hamas. As other Arab states were normalizing relations in 2022, Iraq enacted a law that made establishing relations with Israel punishable by death or life imprisonment. Anti-Israel sentiment runs deep, and the facts about the brutality of Hamas’s attack are not likely to resonate.

Still, the situation poses several difficulties for the United States. First, as Israel’s response continues and the conditions of the Palestinians in Gaza deteriorate, there will be increased pressure on the militias to act. For example, Abu Azrael, arguably Iraq’s most famous Iran-backed militant group, has reportedly gone to Lebanon and is awaiting any opportunity to enter Israel. Should such a “grassroots” intervention expand, the potential for escalation—and, thus, a greater US role—will increase. Second, strategic ambiguity can be a double-edged sword. Should Israel’s efforts to defeat Hamas succeed, militias may lower the standard for what counts as intervention, again setting conditions for escalation.

Perhaps more difficult for the United States is that it may not be in its interest, this time, to ignore this predictable, if muted, pro-Hamas response, given the brutality of the last Hamas attack. Indeed, it is in everyone’s interest to alleviate the suffering of the Palestinian people and it is reasonable to express concern—even outrage—over their worsening conditions. However, committing atrocity, even where there is a just cause, should not be tolerated.

As Daniel Henninger of the Wall Street Journal points out, direct attacks against civilians are becoming the “new normal.” While Hamas’s attacks were particularly shocking, Russia has also deliberately attacked civilians in its war against Ukraine, killing around ten thousand. To reverse this trend, there is little option other than finding ways to hold actors who engage in war crimes accountable. In the case of Russia, the United States has intervened on behalf of Ukraine and, along with its European allies, imposed sanctions on Russia. If the Iraqi militia reaction is to be taken seriously, a similar intervention in Gaza may lead to an escalation that undermines its larger relationship with Iraq.

For example, Kataib Hezbollah’s attacks against US forces in Iraq and Syria draw little support from the Iraqi people. However, US attempts to defend itself enable these militias to mobilize large protests when those defensive operations occur in Iraq. Still, Iraqi popular disinterest in what they view as an external conflict has provided something of an obstacle to escalation. However, given the largely anti-Israel-pro-Palestinian sentiment of the Iraqi people, militia attacks against US targets as part of a defense of the Palestinian people will likely draw support. Moreover, whatever little leverage the Iraqi government has to curb such attacks will have disappeared.

Making matters more complicated is the fact that escalation is not simply dependent on Israeli and US action. After the destruction of the Baptist Hospital in Gaza on October 17, Sudani immediately attributed it to Israeli action and called for a day of mourning. Shortly thereafter, unknown actors used drones to attack US troops. That the destruction of the hospital may be due to the actions of the Palestinian Islamic Jihad group will not likely impact Iraqi public opinion nor the Iraqi government’s position, which means the potential for escalation increases.

Thus, the way ahead for the United States is not clear. The simple message that innocent civilians should not be subject to murder, kidnap, and torture will get muted as Palestinian civilians flee their homes and their casualties climb, even if Israeli operations conform to the law of war. Still, the United States can chart a way forward by pressuring its regional partners, including Iraq, to condemn the brutality, if not the reason, for the Hamas attacks. Most may not, but even a superficial acknowledgment of the indefensible nature of responding to injustice with atrocity will reinforce norms against directly targeting civilians.

The United States should also act as a moderating influence on the conflict and find ways to avoid escalation while enabling Israel’s efforts to defend itself against Hamas and its allies. While doing so will be difficult, the United States can begin by mobilizing humanitarian relief for those affected by the conflict. It should also closely monitor the conflict for potential escalation on any side and condition assistance to any partner on cooperation to de-escalate the conflict. For the Iraqi government, its influence over the militias is limited, even if it did want to intervene. However, it can partner with the United States to ensure U.S. intentions are effectively communicated and misunderstandings kept to a minimum..

Taking these steps will not fundamentally change the dynamics of the conflict nor alleviate the pressure on Israel to destroy Hamas. But it may create opportunities to mitigate the damage the conflict may cause to Middle East stability and US influence.

https://shafaq.com/en/Report/The-conflict-in-Gaza-threatens-Iraq-s-stability-progress-in-US-Iraq-relations

Iraqi PM denounces attacks on foreign forces, reaffirms support for Palestinians, 23 OCT

 Iraqi PM denounces attacks on foreign forces, reaffirms support for Palestinians, 23 OCT

Shafaq News/ Iraqi Prime Minister Mohammad Shia Al-Sudani strongly condemned the attacks targeting foreign forces in Iraq and reaffirmed his country's unwavering support for the Palestinian cause.

In a statement released by the spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasoul, Al-Sudani expressed Iraq's firm stance "against the aggression faced by the residents of the Gaza Strip." He reiterated Iraq's moral position in supporting the struggle of the Palestinian people. 

Additionally, he underscored the rejection of attacks on Iraqi bases housing Global Coalition advisors, who are in Iraq at the official invitation of the government. These advisors are crucial in supporting Iraqi security forces through training, qualification, and consultation.

The Commander-in-Chief directed all security services to carry out their duties diligently, uphold the law, and track down those responsible for these attacks. He emphasized the importance of safeguarding the security and stability achieved through the sacrifices of Iraq's armed forces.

Recent attacks on military bases, including Ain al-Assad in Anbar and Harir in Erbil, were claimed by armed factions identifying themselves as the "Islamic Resistance in Iraq."

https://shafaq.com/en/Iraq-News/Iraqi-PM-denounces-attacks-on-foreign-forces-reaffirms-support-for-Palestinians

Iraq Governor Al-Alaq's Urgent Message on Float or Fix | Boosting the Ir...

Al-Nujaba responds to Baghdad's statement regarding U.S. forces, 23 OCT

Al-Nujaba responds to Baghdad's statement regarding U.S. forces, 23 OCT

Shafaq News / Al-Nujaba Movement, one of the armed factions opposing the American presence in Iraq and closely affiliated with Iran, responded to a statement issued by the military spokesperson of the Commander-in-Chief of the Armed Forces, condemning attacks against U.S. forces in Iraq.

In a statement, Al-Nujaba stated, "We regret the statement issued by the government's media office, in which they describe the military bases housing the occupying American forces as 'bases' of the Iraqi forces hosting the advisors of the international coalition present in Iraq upon an official invitation from the government."

The statement added, "These occupying forces wreak havoc and corruption in Iraq, violate sovereignty every day, every hour, by land and air. They entered Iraq through deceit, circumventing the agreement, as former Prime Minister Mr. Haider al-Abadi mentioned. Their helicopters and combat drones continue to violate the skies of Baghdad and the provinces without permission or approval from the government."

It continued, "The government does not know their numbers or the types of their forces, nor their movements between Jordan, Syria, Kuwait, and Iraq. Moreover, the Zionists are present in Iraq within these forces; they have permanent centers and bases within them. Such statements justify and legitimize the occupation, presenting an image that contradicts the harsh reality, indicating a lack of seriousness in removing the occupying forces and ending their presence in Iraq, as promised by the government before its formation."

The statement emphasized, "America deals arrogantly and haughtily with such statements from a country asserting its sovereignty. Unfortunately, some - for payment - attempt to circumvent and justify the presence of the occupation to escape embarrassment and the legitimate, national, and historical responsibilities. Such statements remind us of the post-2003 period when the United Nations and America themselves officially stated that American forces were occupying forces. However, some paid politicians and media figures come out and call them friendly or liberating forces to justify their occupation, deceiving the Iraqi society with such blatant lies."

It pointed out, "There is a decision from the Iraqi Parliament to expel the occupation, and yet America, with audacity, rejects that from successive governments. It has recently expanded its bases and increased their numbers."

The statement strongly emphasized, "clear and transparent positions, describing matters accurately, bring the government closer to the people, enhancing trust and credibility. Furthermore, let everyone know that the million-man demonstration and the Parliament's decision to end the occupation and its repeated violations of Iraq's sovereignty legitimize and justify its resistance at all levels."

"Standing in the path of resistance or in the path of expelling the occupier by any means represents a violation of the law, ethics, values, and national principles. Therefore, we hope for a unified stance from all of Iraq, government, people, and resistance, towards ending this odious occupation. The government should hold accountable those who beautify its presence to deceive society and reveal the true reality to the people", the statement concluded.

https://shafaq.com/en/Iraq-News/Al-Nujaba-responds-to-Baghdad-s-statement-regarding-U-S-forces

So what comes out in Iraqi news this period? BY DINAR IRAQ & DONG VIETNAM, 23 OCT

 So what comes out in Iraqi news this period?

I talked many times about the Customs and Tariffs automation project that is underway in Iraq.

At that time, I was told it would never be successful unless the software to be used could be linked to FOREX in order to convert foreign currencies for payment with an up- to- the- second exchange rate against the Iraqi dinar.

This was one obstacle to the success of the project.

It was told to us that this project, if successful, (and it will be) that the revenues collected could rival the oil revenues.

How could this be, I asked my contact in the CBI?

I was told this a true statement but there are obstacles to the implementation of this project because the districts of Iraq are still segmented too much and the revenues are not yet fully collected and placed in the coffers of the Central Government of Iraq (GOI) general fund.

Instead, mayors and governors of these districts have their hands out and corruption prevails.

This money belongs to all the people not just those who can control it.

So, this is a major obstacle.

So, today we see once yet more progress in this direction to overcome these obstacles and for the GOI and to control these revenues for collection into the general fund.

This should be a sign to us that they are nearing their goal of further stability and the GOI’s ability to control these revenues.

The work finally being done on agreements with the Oil and GAS law (or HCL) too are signs that they are now serious in meeting this constitutional goal too.

Oil revenues are nearly 90% of Iraq’s revenues right now.

{Political: Al-Furat News} Prime Minister Mohammed Shia Al-Sudani confirmed, on Saturday, that the customs automation project is an important basis and a starting point for the implementation of financial and banking reforms.

The Sudanese office said in a statement received by {Euphrates News} that “the Prime Minister was briefed on a detailed report explaining the progress of work in implementing the first phase of the implementation of the global system for the automation and modernization of customs (ACYCUDA), and the most prominent problems and challenges and ways to overcome them, leading to the application of the single window for foreign trade.

Then later yet another article comes out telling us the Kurdistan Regional Government announced, on Monday, the adoption of the Iraqi dinar in customs duties instead of the US dollar.

The Oil, Gas and Natural Resources Committee confirmed today, Tuesday, October 17, 2023, its need for 6 months in order to reach a draft oil and gas law that is consistent with all parties, while indicating that the committee formed by the Kurdistan Regional Government presented a vision about Oil and Gas Law to the Ministry of Oil.

This leakage of US dollars to Iran and other terrorists countries has to STOP or we will NOT see the reinstatement.

The governor must secure the dollar in his country first and then use the dinar as their national currency.

The later part is working but the sneaking of the dollar outside of Iraq is not.

Why not reinstate the dinar so Iraq could more “freely” pay for goods and services with other countries with their own dinar and totally ditch the dollar the damned currency auction?

Now since they delayed until January 2024 and then yet another crisis and then another crisis comes.

With each crisis comes yet another delay.

Will the Palestine terrorist attack on Israel delay it again?

Let’s take a look at this today.

The stability of the dollar against the Iraqi dinar.

This we are told is always the holdup of the reinstatement.

The Prime Minister met yesterday with the concerned authorities, to discuss the non-implementation of reform packages related to the price of the dollar, calling on Al-Sudani to take effective solutions like those issued by the Central Bank to control the dollar at border crossings and customs taxes.

So, do you see why the new system ACYCUDA project is so important and it’s implementation has progressed to a new higher priority.

Can they wait until January 2024 even to put ACYCUDA online.

Now it’s no longer just about generating and safeguarding the customs and tariffs fees to the GOI general fund but about the stability of the dollar.

The pressure and help from the US Treasury my help them to get this underway sooner than later.

The member of the Finance Committee pointed out that there are American political influences that exert pressure on Iraq to put pressure on it economically, regarding its support for the Palestinian cause and advocacy for the people of Gaza against the Zionist occupation,” stressing that “Iraq seeks to address that issue and put pressure on the US Federal Bank to provide amounts in dollars and at a specific time.

Do you see the crisis here?

He continued by saying, Iraq’s position on the Palestinian issue is firm and will not change, and we reject all Zionist crimes committed by the occupation against the Palestinians, and this is an irrevocable decision.

Either way, we can clearly see the impact this war will have on the reinstatement if it continues much longer.

So far, I am told by my CBI contract on my Saturday conversation, that the CBI is already holding up the re-education process they fully intended to roll out in mid-October.

As you already learned my CBI contact has been assigned to the CBI committee to work on this re-education process.

I have been told that so far the committee had come out with a couple deliverables to the governor and even met with Ali al-Alaq to review them with him.

The meeting went well.

They fulling intended to move ahead in mid-October.

They included:

1. Written news articles on how they would address the citizens and explain the steps involved.

They even have pictures of the newer lower denominations in these public news articles;

2. The committee also developed a comprehensive timetable for all the events leading up to the reinstatement.

But now I don’t know what is going on since they were expected to begin the re-education process this week as the timetable called for it.

Was the effort postponed?

https://www.facebook.com/profile.php?id=100064727316650

Is Jan 2024 RV/RI Window?💣More Dedollarization!🤔Iraq Dinar RV Updates | ...

"RV UPDATE" BY NADER FROM MID EAST & BRUCE, 23 OCT

 Nader From The Mid East  

Article: "The governor of the Central Bank Ali Al-Alaq...considered the process of stabling the dinar exchange rate against the dollar as a big operation that requires changes to the Iraqi commercial system...

This came in a speech during the first annual banking conference hosted by the city of Erbil under the slogan The Banking Sector Opportunities for Advancement and the Future of International Companies."

Bruce 

  [via WiserNow]  When it comes to the currencies that we know about, things are moving along nicely with those.  They're trading upward. We know that the Dinar is continuing to do well.  Dong has been up and down...it's really good to see these things taking place.

 ...we heard that once the currency sellers stopped being able to sell...It was our turn...what is remarkable about this, we have three confirmations so far from currency sellers, that they have been advised that they are no longer to sell these currencies that we have - which is dinar  - Dong...

there's a bunch of others that are going up in value...they are no longer able to sell those  after  11:59pm [last] night - Friday night...Central time...Then all those currency sales will be shut off...that's great news for us because I think that sets the bar for us to get started.
  

Biden Administration’s Support for Israel Draws Global Criticism 23 OCT

 Biden Administration’s Support for Israel Draws Global Criticism

The United States has always been a loyal ally of Israel, but the recent actions of President Joe Biden’s administration have drawn criticism from across the globe. Despite previous tensions with Israeli Prime Minister Benjamin Netanyahu, Biden’s administration has been accused of turning a blind eye to Israel’s alleged war crimes in the Gaza Strip, actions that have been labeled as genocidal. Critics argue that the U.S. is employing double standards in regards to human rights, and the repercussions of this stance are already beginning to surface.

Cracks in the U.S. Support

Israel’s actions in Palestine, particularly in the Gaza Strip, have included attacks on hospitals, churches, mosques, and UN-run schools. These acts of violence have sparked outrage worldwide. Yet, the U.S.’s support for Israel appears unwavering. This perceived inconsistency in advocating for human rights has reportedly begun to take a toll on the U.S., with increased anti-Semitism reported among American troops.

The Biden administration’s support for Israel has not been without opposition domestically. Arab leaders, European officials, and the younger, more liberal wing of the Democratic Party have voiced their dissent. Many lawmakers have called for a ceasefire and urged the Biden administration to ensure the protection of both Israeli and Palestinian civilians.

(Read Also: Political Firestorm in France: The Controversy Surrounding Yaël Braun-Pivet’s Visit to Israel)

Debate Within the Administration

There is a growing divide within the Biden administration itself. Some officials have expressed concerns about the one-sided policy that favors Israel at the expense of the Palestinians. This debate led to the resignation of a State Department official, who stated that he could no longer support a policy he believed to be unjust.

Amidst these debates, there are broader concerns about the potential for the conflict between Israel and Hamas to spill over into a larger conflict in the Middle East, which would endanger American military forces in the region. As a result, the Pentagon has deployed additional military resources to the area to protect U.S. troops.

(Read Also: Operation Ajay: 6th Flight Lands in Delhi as India Evacuates Citizens from War-Torn Israeli Cities )

Biden’s Balancing Act

Striking a balance between supporting Israel and advocating for the rights of Palestinians is proving to be a complex challenge for the Biden administration. During his recent visit to Israel, Biden urged Israeli officials to operate within the laws of war and protect civilians as much as possible. However, the U.S. continues to provide military resources to support Israel’s efforts to combat Hamas, a move that critics argue further fuels the conflict.

The U.S. is also engaging with other countries in the region to address the ongoing conflict. Biden has spoken with Pope Francis about the need to find paths of peace in world conflicts, and there have been consultations with Arab leaders in Egypt, Iraq, Jordan, and beyond.

As the Biden administration navigates these issues, the ultimate goal is to address the underlying causes of instability and work towards a peaceful solution that respects the rights and lives of both Israelis and Palestinians. This task, however, remains fraught with complexities and challenges.

https://bnn.network/world/us/biden-administrations-support-for-israel-draws-global-criticism/