Friday, August 9, 2024
"SUDANI & THE UST PREPARE THEIR BANKS FOR THE NEW EXCHANGE RATE" BY FRANK26, 9 AUGUST
KTFA
FRANK26:"SUDANI & THE UST PREPARE THEIR BANKS FOR THE NEW EXCHANGE RATE".......F26
Rafidain announces the implementation of the comprehensive banking system in 37 branches
8/7/2024
Rafidain Bank announced, on Wednesday, the implementation of the comprehensive banking system in 37 branches.
A statement by the bank, seen by "Al-Eqtisad News", stated that "in implementation of the government program to move from paper transactions to electronic transactions to provide the best services to citizens, Rafidain Bank announced the implementation of the comprehensive banking system in the Al-Amir neighborhood branch in Najaf Al-Ashraf and the Kut branch."
He added that "the comprehensive system has been activated in Baghdad and the governorates, in addition to the border crossing branches (Zurbatiyah - Safwan - Arar - Trebil), so that the number of effective and completed branches of the system has become (37) branches."
He added, "This is an important step to strengthen the banking system, meet its requirements, and move away from paper work and towards completely moving towards electronic systems."
The bank confirmed that "the digital transformation plan and the adoption of the comprehensive banking system are proceeding according to the scheduled timings to include all the bank's branches in the implementation of the system."
He added that "the priorities and adoptions of the government program include electronic transformation in financial transactions, reducing the circles of routine for citizens, shortening time, simplifying procedures, overcoming obstacles, and intensifying efforts to improve the level of services provided to customers and completing their transactions."
QFS CONVERSATION WITH GOLDILOCKS, 9 AUGUST
GOLDILOCKS
DTCC launch API Messaging Application
The Depository Trust and Clearing Corporation’s (DTCC) insurance and retirement services has launched a producer authorisation (PAR) service.
The service offers a standardised method for insurance vendors and distributors to communicate with carriers in order to verify producers' authorisation.
PAR deploys simultaneous messages that allows distributors and vendors to ping carriers instantly to certify producer credentials, streamlining processes, and increasing operational efficiencies.
Justin Schwartz, executive director for product management for wealth management services at DTCC, comments: “There was an industry need for a unified service that provides real-time producer data, and we are pleased to now offer PAR. In the development of the offering, we focused on building out a standardised ‘can sell’ API message platform that improves client and advisor experience by providing increased confidence in authorised producers.”
https://www.assetservicingtimes.com/assetservicesnews/technologyarticle.php?article_id=15770&navigationaction=technologynews&newssection=technology
HKMA Launches Consultation on Proposal to Rename 'Virtual Bank' as 'Digital Bank' w/ No Need to Introduce More New Virtual Bank Players at This StageFinancial News
http://www.aastocks.com/en/mobile/news.aspx?newsid=NOW.1369337&newssource=AAFN
There are two Financial Resets coming. One is digital, and the values of our new digital assets will be determined by supply and demand. This will, in turn, give us the ability to provide authentic values to our paper money.
© Goldilocks
Việt Nam's exports to US market accelerate
https://vietnamnews.vn/economy/1660805/viet-nam-s-exports-to-us-market-accelerate.html
Maintaining development pace crucial to complete economic growth goals: Experts
https://en.vietnamplus.vn/post-291557.vnp
Vietnam and Singapore Sign MoU to Boost Stock Exchange Collaboration - AsiaTechDaily - Asia's Leading Tech and Startup Media Platform
https://asiatechdaily.com/vietnam-and-singapore-sign-mou-to-boost-stock-exchange-collaboration/
Iraq's shipping ports are expanding. See links below.
Watch the water.
https://www.iraq-businessnews.com/2024/08/08/uk-trade-with-iraq-up-14/
https://www.iraq-businessnews.com/2024/08/08/russia-targets-iraqi-transport-development/
https://jordantimes.com/news/local/khasawneh-urges-rapid-implementation-jordan-iraq-projects#google_vignette
"SUDANI PREPARES EVERYONE FOR THE NEW EXCHANGE RATE" BY FRANK26, 9 AUGUST
KTFA
FRANK26: "SUDANI PREPARES EVERYONE FOR THE NEW EXCHANGE RATE"...........F26
Trade Bank of Iraq invites exchange companies to participate in the dollar selling window
8/7/2024
The Trade Bank of Iraq called on Wednesday all licensed exchange companies to participate in the cash dollar selling window for travelers.
In a statement today, the bank called on all exchange companies of categories (A, B) licensed by the Central Bank of Iraq to visit its branches to open a special bank account to participate in entering the window for buying and selling foreign currency for cash dollars for travelers.
It is noteworthy that the Central Bank of Iraq decided on July 4, 2024 to start selling dollars to travelers, exclusively through corporate and banking outlets at international airports.
Meanwhile, the Central Bank decided to grant exchange companies of category “AB” the ability to register internal and external remittance activities via the FITR platform.
Sudden escalation"... America threatens Iran with a "devastating strike" and reveals a message to it,, 9 AUGUST
America threatened Iran today, Thursday, August 8, 2024, with a "strike and devastating consequences" if it launched a major attack against Israel, in revenge for the assassination of former political bureau chief Ismail Haniyeh in Tehran at the end of last month.
The Wall Street Journal quoted an American official as saying, "We warned Iran that it could suffer a devastating blow if it launched a major attack on Israel."
"We sent a message to Iran that there is a risk of escalation if it launches a major retaliatory attack," the US official added.
He said, "Our message to Tehran did not include a threat to carry out an American strike against targets in Iran," stressing that "they warned Iran of consequences for its economy and the stability of its government if it launched a major attack."
For its part, the US State Department announced that "escalating the conflict could harm the Iranian economy," adding, "We continue to make clear to Iran that it should not escalate the conflict."
The US State Department stated that the US administration "does not communicate directly with Hezbollah, but we have partners in the region who are talking to the party."
The world, the countries of the region, and Israel are awaiting the Iranian military response to the assassination of the former head of the political bureau, Ismail Haniyeh, at his residence in Tehran on July 31, a day after the inauguration of the new Iranian president.
In the latest Iranian threats, Iran's acting Foreign Minister Ali Bagheri told France Presse today, "Our response to Haniyeh's assassination will be costly for Israel, but it will be in the interest of the region's security," stressing that "Israel is not in a position to wage war against Iran." link
LATEST FROM MIKECRISTO8, 9 AUGUST
MikeCristo8
It will be proven that stocks are being bought by U.S. Treasury – Black Rock’s exchange stabilization fund (ESF).So the ESF is buying stocks (buyer of last resort).
What this means is, BRICS is completely out from underneath the dollar (SWIFT).
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MikeCristo8
@MikeCristo8
Janet Yellen has added $3 trillion in new debt ($35 trillion) since January’24.
Janet Yellen is issuing Treasury bonds where she gives Blackrock (through NGO’s).
The money to buy the stock market to keep it from collapsing.
They’re not going to reset the system.
The U.S. dollar will have a full-on collapse.
If the stock market collapses then the government itself collapses.
So why did the billionaires sell then sell their stocks?
Dollar is no longer being used to settle foreign trade.
The U.S. dollar is going to eventually trade like the Argentine peso unless there’s a reset.