Kaperoni
Question: "In reading these articles, I find they contradict each other. I remember a few months ago that only 13 banks were not in compliance with CBI standards.
Today, I read 32 banks have limited functions.
Is this difference between gov banks and private banks, or am I still in the weeds trying to understand foreign banking?" Some of the recent articles are opinion articles.
The Iraqi Council of Representatives announced its agenda for two sessions on two consecutive days next week, including discussing the amendment of the retirement law and conducting the second reading of the amendment of the country’s general budget law.
Parliament is scheduled to hold its first session in the first legislative term of the fourth legislative year, in the fifth electoral cycle, next Sunday, January 12, 2025, in which it will discuss various draft laws and proposals.
Sunday’s schedule includes voting on the proposed law amending the first Passport Law No. 32 of 2015, as well as the first readings of the proposed law amending the General Retirement Law No. 9 of 2014.
In the next session, on Monday, December 13, 2025, the representatives will discuss 10 draft laws, including the first reading of the proposed law on the genocide of the Yazidis, the first reading of the proposed law on the protection of the rights of minorities, in addition to reporting and discussing the draft law on the first amendment to the Federal General Budget Law of Iraq for the years (2023, 2024, 2025) No. 13 of 2023, and voting on the draft law on the second amendment to the Iraqi Media Network Law.
Parliamentary sessions begin at 1:00 pm on Sundays and Mondays.
The House of Representatives was scheduled to start the new year with a special session on Sunday, January 5, at the request of the Speaker of the House, Mahmoud Al-Mashhadani, in order to make a decision to extend the legal term of the Board of Commissioners of the Election Commission, but the differences between the political blocs prevented that.
GOLDILOCKS
The latest intel regarding the global currency reset (GCR) and the importance of wealth management in preparation for currency exchanges.
The significance of stable coins within the new Quantum Financial System (QFS) and their role in maintaining the value of currencies post-exchange.
Their meetings with wealth managers and the need for individuals to establish relationships with banks ahead of the anticipated currency exchange.
And the upcoming regulatory announcements critical to the functioning of the QFS and urges listeners to participate actively in the community dialogues for the latest information.
🌟 Understanding the Global Currency Reset (GCR): The GCR refers to a major shift in global currency values and systems. Goldilocks serves as a crucial resource for understanding the nuances and developments related to this reset, especially as it affects individuals holding currencies like the Iraqi Dinar and Vietnamese Dong. The podcast emphasizes the importance of staying informed and connected with the community to navigate potential changes effectively.
📈 Role of Wealth Managers: The podcast discusses various members’ experiences meeting with wealth managers, highlighting their vital role in preparing individuals for currency exchanges. These wealth managers provide insights into managing newfound wealth and navigating the complexities of the financial system post-reset. The importance of these relationships can’t be overstated, as they can help individuals maximize their exchange benefits and secure their financial futures.
🔗 Stable Coins and Currency Value: A significant portion of the discussion revolves around stable coins, which are digital currencies designed to maintain a stable value by being pegged to fiat currencies. This backing is essential for reducing volatility and creating a reliable medium for transactions, especially in cross-border payments. The podcast explains how stable coins can potentially raise the value of traditional currencies by providing a stabilizing force that can attract investors and increase demand.
💻 Transition to Digital Currencies: The shift towards a digital financial system is a central theme of the podcast. Freedom Fighter discusses the increasing relevance of cryptocurrencies and digital currencies within the QFS, noting that traditional fiat currencies are becoming less reliable. This transition is seen as necessary for the establishment of a more robust and stable global financial system.
🌐 Cross-Border Transactions: The podcast highlights the efficiency of stable coins in facilitating cross-border payments, which are essential as the world moves towards a more interconnected financial landscape. By enabling fast and reliable exchanges between different currencies, stable coins can significantly enhance global trade and investment.
🔍 Importance of Community Engagement: Freedom Fighter encourages listeners to actively participate in community discussions and updates, noting that those who engage with the Goldilocks community are better prepared for the impending changes. Being part of a knowledgeable community allows individuals to share insights, strategies, and support as they navigate the complexities of the GCR.
📅 Anticipating Future Developments: The podcast underscores the importance of staying grounded and not getting swayed by speculative dates concerning the GCR. Listeners are reminded that while various dates may be thrown around regarding when changes will occur, the focus should be on building relationships and preparing for the realities of currency exchange. Upcoming regulatory announcements are expected to provide clarity and guidance for the community.
In conclusion, this episode of Goldilocks Global Banking News serves as an informative resource for individuals interested in the RV GCR and the implications of the Quantum Financial System. It stresses the importance of stable coins, wealth management, community engagement, and preparation for future developments, providing listeners with valuable insights and actionable steps to take as they navigate the evolving financial landscape.
Kaperoni Question: " I n reading these articles, I find they contradict each other. I remember a few months ago that only 13 ba...