Monday, August 7, 2023

JUDY NOTE, 7 AUGUST

 Judy Note:

So, what’s next in their strategy?

Well, they have already set us up for Global Food Shortages, along with the biggest Financial Collapse in history. Such would devastate the World’s economy – if not for the BRICS Alliance’s Global Currency Revaluation that kicked off way last Tues. 1 August 2023.

BRICS’ original five members – Brazil, Russia, India, China and South Africa – were due to convene in Johannesburg on Aug. 22-24. A potential expansion will be high on the agenda according to Kremlin spokesman Dmitry Peskov. Among those US states reported to have already joined BRICS was Texas, plus another 19 Federal States.

WARNING: There were reports that some were asking you to hand over your foreign currencies and/or Zim Bonds to them saying they would exchange or redeem them for you. DO NOT give in to this scam. Only the purchaser of the currency or bond can legally exchange or redeem that currency or bond at a Redemption Center for the higher rates. Exceptions were that if you had given someone currency or bonds, along with a notarized gift letter saying you did so, or if you gave someone Power of Attorney over your affairs. The bottom line: If someone tried to turn in your currency or bonds without your authorization, they could be arrested.

Global Currency Revaluation:

  • Sat. 5 Aug. Financial Update, Charlie Ward: “We are coming into the biggest financial collapse you have ever seen. The bad guys want to usher in a New World Order One World Government World Economic Forum. They wish to collapse the World’s economy. This has been planned for a long time. It’s time to wake up. If they win they will completely control you.”
  • The Federal Reserve is technically bankrupt. In 2023 the Fed will post it’s first annual operating loss since 1915 – $80 Billion, with a negative capital of $38 Billion. This loss does not count the 1.3 trillion unrealized loss on it’s portfolio.
  • All BRICS Nations (Brazil, Russia, India, China, South Africa – plus 104 others) were releasing from the fiat US Dollar and no longer accepting it for international trade.
  • The Iraqi Parliament was in receipt of their budget with the new Iraqi Dinar Rate in it.
  • On Wed. 9 Aug.  the new Iraqi Dinar Rate was expected to be revalued at a 1:1 with the USD and then begin trading up on the Forex – after that it cannot go down in value.
  • It was said that the next day after the Dinar revalued on Thurs. 10 Aug. a “major figure will leave the stage.” Perhaps our Brainless Traitor Biden?
  • Last Fri. 4 Aug. the BRICS nations set a Back Wall for the RV at Sat. 12 Aug.
  • On the Banking side, Bank of America was closing US branches in August. Banks had until Sun. 6 Aug. to synch up with the Central Bank of Iraq and it’s new Iraqi Dinar Rate; Wells Fargo customers were reporting that their deposits were disappearing from their accounts, plus on Mon. 7 Aug. the World’s largest bank, the United Bank of Switzerland (American Group), has announced they were making sweeping changes and restructuring the bank.
  • Fri. 4 Aug. Wolverine: “The head of the Humanitarian financial instruments in Colombia just announced that all protocols are ready and that letter of exit to release the funds are ready and to thank everyone for this incredible blessing.”
  • Fri. 4 Aug. TNT Call: The banks are saying the RV could start at any time. FedNow was activated on Thurs. 3 Aug. Iraq is saying the budget instructions will be made public in the next 10 days, which could mean any time. The back wall is the 12th. It was agreed to be done by then.
  • Bearded Patriot confirmed that the first wave of liquidity started on Tues. 1 Aug.
  • MarkZ said that a number of very connected people to the RV had to be in place by Fri. 4 Aug. and on that Fri. 4 Aug. he again said, “A lot of people are traveling today.” He had received mixed reports of this going Sat. 5 Aug, Tues. 8 Aug. or Wed. 9 Aug.
  • On Sun. 30 July Russian President Vladimir Putin announced the Global Currency Reset and on Mon. 31 July, signed a digital ruble bill into law, approving the use of its central bank digital currency for payments starting from Aug. 1, 2023.
  • The BRICS Alliance has finally abandoned the USD for a global trade settlement – Cryptopolitan. The line has been drawn in the sand and BRICS nations have made a stand that could shake the global financial landscape. https://www.cryptopolitan.com/brics-abandons-usd-global-trade-settlement/

Sat. 5 Aug. Rumtel Update:

  • CBI has the budget. Banks have until Sunday to “synch up” with the Central Bank of Iraq.
  • Action on Sunday will drive the Dinar rate DOWN to 1,300 to 1 US Dollar. This will match the rate on the street and the budget.
  • CBI will then “revalue” to 1,000 to 1. Target date is Wednesday.
  • CBI will then “drop the 3 zeros” to 1-$1 with the US dollar, at which point the Dinar will be tradable and “floating” on the Forex. It will NOT float down.
  • Political hurdles have been cleared.
  • “Health crisis” of a major figure was an assassination attempt. Failed.
  • No moves left.
  • First major figure to “leave the stage” on Thursday 10 Aug.
  • This is the plan as of today Sat. 5 Aug, as I understand it from separate sources. We’ll see. All we can do is wait and hope that events unfold along these lines. Enjoy your weekend. Watch some sports and pray this in.

TNT CandyKisses: The Iraqi Parliamentary Finance Committee stated on Sat. 5 Aug. that the Iraqi budget (that contained the new Iraqi Dinar Rate) would be implemented sometime this week. Clare: And finally – 50 days after its approval, the budget enters into force.

Sat. 5 Aug. Bearded Patriot

  • We have good news and not so good news. I will start with the “Not so good news”
  • The Iraqis have decided NOT to publish the new rate into the Gazette this Saturday.  In order for me to explain why….I will be crossing the line of agreement of information (even though you have the right to know).  So, I won’t be able to explain why in detail to you.  Please try to understand. 
  • There’s a definite and final BACKWALL that was established by all participating countries. This slight delay will help some countries that were not ready for the RV, therefore giving them the time to complete their efforts so they too will be a part of this RV. 
  • THE GOOD NEWS is that due to the slight delay, this will allow other countries, including but not limited to Iraq, Dong, Dinar and all other participating countries for their currency values to “INCREASE” before we move forward. 
  • I can tell you that this will be completed before the end of August. 
  • Please forgive me for missing this date of RV.  ALL SIGNS, INDICATIONS AND COMMUNICATIONS were there and I had so much confidence that it was happening.  LET ME BE VERY CLEAR, there was NEVER EVER ANY INTENTION OR PURPOSEFUL MISDIRECTION TAKEN ON MY PART TO HURT OR HARM ANYONE AT ANYTIME REGARDING THE TIMING OF THIS EVENT.  (I can just hear the trolls already!)
  • Although this is a set back….it’s not the end by far.  We will still have the RV,  it will be just a couple of weeks from now.

Timeline:

  • On Tues. 1 Aug. the first wave of liquidity started. …Bearded Patriot
  • On Thurs. 3 Aug. evening FedNow was activated as the EBS merged with the Global Financial System.
  • On Fri. 4 Aug. a number of very connected people had to be in place. …MarkZ
  • Sun. 6 Aug.  Banks have until Sunday to “synch up” with the Central Bank of Iraq. Action on Sunday will drive the Dinar rate DOWN to 1,300 to 1 US Dollar. This will match the rate on the street and the budget.
  • Mon. 7 Aug. United Bank of Switzerland American Group is poised to make sweeping changes to the senior ranks of its investment banking division globally as soon as Monday – they are restructuring the bank.  https://www.reuters.com/business/finance/ubs-nears-major-investment-bank-restructuring-sources-2023-08-04/
  • NESARA/GESARA was said set to be announced sometime between Tues. 8 Aug. and Tues. 15 Aug.
  • Wed. 9 Aug. CBI will revalue the Iraqi Dinar to 1,000 to 1. The CBI will then “drop the 3 zeros” to 1-$1 with the US dollar, at which point the Dinar will be tradable and “floating” on the Forex. It will NOT float down.
  • Thurs. 10 Aug. “First major figure to “leave the stage.”
  • Sat. 12 Aug. drop dead deadline for the RV as decided last Fri. by BRICS nations.
  • On Aug. 22-24 BRICS’ original five members – Brazil, Russia, India, China and South Africa – were due to convene in Johannesburg and formally announce the Global Currency Reset during their Summit meetings.

Sunday, August 6, 2023

Dinar RV Breaking News🔥Governor of CBI & Ministry of Finance: To Discuss...

"BAGHDAD & LONDON DISCUSSING IRAQ'S SETPS IN JOINING THE INTERNATIONAL FINANCIAL SYSTEM", 6 AUGUST

 Baghdad And London Are Discussing Iraq's Steps In Joining The International Financial System

Money  and business   Economy News – Baghdad  Finance Minister Taif Sami discussed with the British Ambassador to Baghdad, Stephen Hitch, on Sunday, the development of joint cooperation in the field of economy, the exchange of experiences, and Iraq's steps in joining the international financial system.The Ministry of Finance said in a statement, "The Minister of Finance, Taif Sami Muhammad, received today, Sunday, the British Ambassador to Baghdad, Stephen Hitch, and his accompanying delegation.

The two parties also discussed "mechanisms of joint cooperation in the field of supporting financial and banking policies, building human capacities, discussing Iraq's steps to engage in the international financial system, and the most prominent procedures and reforms that the government is taking in the field of the banking and financial sector, in a way that contributes to enhancing economic development in Iraq."   Views 36  08/06/2023 - https://economy-news.net/content.php?id=35523

A Partnership Between The International Islamic Bank And CR2 To Develop Banking Services In Iraq

Economy | 11:18 - 05/08/2023  Baghdad - Mawazine News   The International Islamic Bank (IMTB) in Iraq announced the signing of a strategic partnership with CR2 Company, with the aim of developing banking services.

This partnership represents an important stage for the International Islamic Bank, as it will contribute to the transformation of banking services into a digital format and promote advanced digital banking solutions in the Iraqi market.

This partnership will provide secure and enhanced digital banking services to individual and corporate customers, with an excellent user experience, simple payment processes, and access to a wide range of banking services anytime and anywhere.

The partnership will also include the development of a mobile banking application for the International Islamic Bank, which is compatible with customer needs and provides simple and digital financial services such as money transfer and electronic payment.

These innovative mobile banking solutions will enable customers to manage their accounts and access a wide range of banking services directly from their smartphones.

In addition, this partnership will develop new products and services that meet the current and future needs of the Iraqi banking market.

The partnership aims to increase reliance on digital technology services among the existing customer base, and expand the new customer base by improving banking services.

This partnership comes in response to the vision of the Central Bank of Iraq for digital banking services, and aims to promote digital transformation in banking services by expanding the digital presence of the International Islamic Bank in Iraq.

Kieran Kilcullen, CEO of CR2 commented, “We are delighted to sign this partnership with the International Islamic Bank to provide innovation solutions for digital banking services.

It is an important step in meeting the needs of customers, and we are very proud of the opportunity to play the role in supporting the bank with our expertise and innovation from markets across The world The banking and payments landscape continues to change, and we see many opportunities for banks to take leadership positions with innovative, secure, and easy-to-use digital solutions that enable their customers to succeed.”

Suha Al-Kafaei, Managing Director of the International Islamic Bank commented, “It is important that we continue to develop and innovate the International Islamic Bank.

This partnership with CR2 will provide us with the development of banking products. We are very pleased with this opportunity that will provide digital banking and future banking solutions, according to what is happening around This relationship will ensure that the International Islamic Bank becomes a leading party in finding pioneering solutions for our clients, whether in the retail sector or in the business sector.

About the International Islamic Bank The

International Islamic Bank was established as an independent financial entity, offering a wide range of services that meet the needs of individuals, institutions and companies, in addition to the basic services represented in personal and commercial accounts, Islamic Murabaha, investment financing, opening letters of credit, credit operations and letters of guarantee online, in addition to electronic services multi.

We proceed according to a focused economic banking vision towards providing digital technological innovation (banking) in managing money remotely through an administrative staff specialized in the field of banking information management technology and creating an integrated digital banking environment that comes through the product of a case study of global development (governance) mixed with the need of the market and business management for advancement With a tight digital banking economy in the Iraqi market, the region and the world.

We are also proud of obtaining a 91% assessment of the quality of services from the Central Bank of Iraq, a certificate of evaluation of 4/5 for (governance) practices and institutional innovation, and some important international awards, including the award for the best bank in the diversity of services and products in Iraq in 2022 by the International Federation For Arab bankers, and other awards and posts.

Join us to shape the future of banking in Iraq.

For more information, please visit the website: www.imtb.iq

IQD exchange rate and disagree with pimpy BY NADER FROM MID EAST

"X.AI, ELON MUSK'S NEW AI VENTURE", 6 AUGUST

 Summary: X.AI, Elon Musk's new AI venture, is currently privately held, and its stocks aren't available for public trading. There's no official news regarding an Initial Public Offering (IPO), though anticipation in the AI industry is high due to the company's potential to challenge leading models like ChatGPT4.

Despite being privately held, the company's valuation is speculated to be substantial, possibly rivalling OpenAI’s $29 billion dollar price tag. The company's exact roadmap and future announcements are eagerly awaited by the AI industry.

Can You Buy X.AI Stocks?

Currently, X.AI, a cutting-edge artificial intelligence project steered by Elon Musk, is not publicly traded, making its shares inaccessible to the wider investment community. The primary source of X.AI's funding is private, with a large portion of the capital coming directly from Musk's personal wealth.

This innovative venture, specifically, is touted as a potential major competitor to OpenAI's ChatGPT, which is currently considered a leading conversational AI model. Amid these advancements, investors are keenly observing X.AI's progress, eagerly anticipating Musk's potential move to take the company public, a decision that could significantly disrupt the AI conversation realm, presently led by OpenAI's ChatGPT.

Is X.AI Going to IPO?

As of now, X.AI, Elon Musk's latest artificial intelligence venture, has not officially announced plans for an Initial Public Offering (IPO). Despite the absence of formal communication, the AI industry is excited about the company's potential, particularly due to its mission to advance AI technology to a level that could challenge leading models like ChatGPT4.

What is X.AI?

X.AI is a newly founded company by Elon Musk, dedicated to the development and advancement of artificial intelligence technologies. X.AI is  rumored to focus on developing a sophisticated large language model, potentially leveraging data from Twitter and other sources to train the model. The company appears to be assembling a team of leading AI researchers and engineers, drawing from talent pools in other notable tech companies.

The goal of X.AI is not entirely clear as of now, but given Musk's background and previous statements about AI, it is likely to focus on creating AI technology that is safe, ethical, and beneficial for humanity. As Elon Musk is a co-founder of OpenAI, and given his history of innovative and industry-transforming ventures, X.AI is anticipated to significantly contribute to the AI field.

X.AI Stock Valuation

As a private entity, X.AI's exact valuation remains undisclosed. However, under the helm of tech mogul Elon Musk, coupled with its competitive aim to contest with ChatGPT, currently valued at $29B, X.AI could potentially command a similar valuation. Yet, a precise figure can only be confirmed through official announcements or up-to-date market analyses.

Bottom Line

In conclusion, X.AI, Elon Musk's latest AI venture, remains a private entity, barring public trading of its equity. The company's exact roadmap, including potential plans for an IPO, remains unannounced. The anticipation surrounding X.AI is heightened due to its ambitious goal to revolutionize the AI industry, potentially challenging leading models like ChatGPT4. 

While its valuation is not officially disclosed, some suggest it could match the stature of other prominent AI firms. The AI industry eagerly awaits any future announcements from X.AI, which, under Musk's leadership, is predicted to make significant contributions to the AI field.

https://www.datawallet.com/stocks/buy-x-ai-stocks

"WHY WAS THE OIL & GAS LAW NOT LEGISLATED IN IRAQ PREVIOUSLY?", 6 AUGUST

 Why was the oil and gas law not legislated in Iraq previously?.. Political differences 18 years ago

2023-08-05 | 03:42
Why was the oil and gas law not legislated in Iraq previously.. Political differences 18 years agoPolitical disagreements over the issue of managing the oil fields of the Kurdistan region of Iraq prevented a vote on the oil and gas law, despite its economic importance, which has been pending legislation in parliament since 2005, which stipulates that the responsibility for managing the oil fields in the country should be entrusted With a national oil company, supervised by Baghdad.

The law was introduced many times during the previous parliamentary sessions and was not included in the parliamentary laws and legislations.
The economist saidNabil Al-MarsoumiIn a post that followedAlsumaria NewsAlthough two versions of the draft oil and gas law were issued, one in 2007 and the other in 2011, no oil and gas law was legislated inIraqBecause of the great difference between the political forces on many issues, including:
First: The dispute over giving the region licensing authority in the field of exploration and development of discovered undeveloped fields. This is contrary to the jurisdiction of the National Oil Company, which leads to a conflict between the jurisdiction of the region and the jurisdiction of the National Oil CompanyOil Ministry. This disparity would prevent the existence of a unified system of contracts in the regionsIraqThe different that giving the regions the right to conclude licensing contracts prevents the implementation of a federal oil and gas policy. There will be two oil policies, one in the center and the other in the region.
Second: There is a major disagreement in the interpretation of Article (112/First) of the Constitution, which requires that the central authority manage the oil and gas extracted from the current fields in coordination with the regions. Exploration patches and this understanding leads to the interpretation of the regions that they will take over the management of oil and gas.
Third: Giving the authority to license oil operations for exploration and production contracts in the center and the regions after presenting the initial contract toFederal Council. This leads to duplicity in the oil policy and affects the economic policy of Iraq due to the potential difference of visions between the Federal Council andOil Ministry.
Fourth: Granting an important aspect of the negotiating role of the Federal Oil and Gas Council and its tasks to a regionKurdistanAnd the oil-producing cities that are not organized in a region may weaken the negotiating role of Iraq and exacerbate the risks surrounding the implementation of a unified strategy in the country.
Fifth: When a unified central policy is lost, competition and disagreement will prevail between the National Oil Company and between the regions and governorates, which will lead to disagreement instead of cooperation that guarantees the unity of the people and the country. While the constitution granted the task of managing oil and gas wealth to the federal government in partnership with the regions and governorates.
On February 15 of last year 2022, the Federal Supreme Court issued a ruling that the oil and gas law of the regional government of 2007, which regulates the oil industry and its extraction in the region, was unconstitutional. This ruling came after the regional government concluded contracts with foreign oil companies. Provincial government refusedKurdistanFederal Court decision, giving up control over oil exports.
The oil and gas law legislation – which has been suspended since 2005 – would regulate and support the oil sector, by regulating investments in the oil and mineral aspects, especially with regard to managing the part of the region.Kurdistan.
alsumaria.tv

"IRAQ NEWS ABOUT THE EXCHANGE RATE OF IQD & BUDGET", 6 AUGUST

Dollar maintains value above 1500 dinars in Baghdad and Erbil

Shafaq News / Baghdad and Erbil witnessed a notable surge in the exchange rates of the US dollar against the Iraqi dinar on Sunday.

According to Shafaq News Agency's correspondent, al-Kifah and al-Harthiya central stock exchanges in Baghdad reported an exchange rate of 150,500 Iraqi dinars per 100 US dollars, marking a significant increase compared to rates recorded in the morning of 150,200 dinars per 100 dollars.

Meanwhile, local currency exchange offices in Baghdad also experienced an upward trend. The selling price of the US dollar reached 151,500 dinars, whereas the buying prices reached 149,500 dinars per 100 US dollars.

In Erbil, the capital of the Kurdistan region, the stock exchange also observed a similar increase. The selling price reached 150,700 dinars, while the buying price reached 150,600 dinars per 100 US dollars.


https://shafaq.com/en/Economy/Dollar-maintains-value-above-1500-dinars-in-Baghdad-and-Erbil

-----


Dollar Exchange Rates Expected to Stabilize, Parallel Market Struggles to Meet Demand

Shafaq News/ Financial expert Hilal Al-Ta'an on Sunday said that the dollar exchange rate is set to stabilize at its current level in the parallel market as cash sales from the Central Bank of Iraq (CBI) are insufficient to meet domestic market demands.

Al-Ta'an, in a statement to Shafaq News Agency, said that the US dollar exchange rates might "settle at 1500 dinars in the parallel market after a slight decline."

He said that demand for the dollar remains high in the parallel market, notwithstanding the measures implemented by the Central Bank.

Al-T'an said that the international banks' auditing procedures delayed the transfers, prompting the traders to buy green banknotes from the parallel market.

"The CBI's cash sales have been low recently and, indeed, do not meet what the domestic market needs," he continued. 

The exchange rate of the dollar against the Iraqi dinar dropped, hitting the threshold of 1500 dinars to one on Sunday.


https://shafaq.com/en/Economy/Dollar-Exchange-Rates-Expected-to-Stabilize-Parallel-Market-Struggles-to-Meet-Demand

-----

Iraq's Minister of Labor Initiates Budget Implementation Instructions

Shafaq News / The Minister of Labor and Social Affairs, Ahmed al-Asadi, announced on Sunday that this week will witness the delivery of implementation instructions for the federal budget for the year 2023 to the ministries.

Al-Asadi stated, during a press conference held to inagurate the "Iraqi Charity Lotto" project, that "the delay in issuing the implementation instructions for the general budget was due to sending them to the State Council, which, in turn, completed its review last week and sent them to the Ministry of Finance."

He added, "The Ministry of Finance will send the budget instructions to the ministries and government departments during this week."


Last Tuesday, the State Council stated that the auditing process of the implementation instructions for the budget law for the years 2023-2024-2025, Law No. 13 of 2023, was conducted in the presence of the Ministries of Finance and Planning, and relevant entities, to facilitate the implementation procedures of the aforementioned law.


It is noteworthy that the Iraqi Council of Representatives voted on the federal budget law for the years 2023-2024-2025 on Monday, June 12, after discussions that lasted for five days.

The current year's budget amounts to 197 trillion and 828 billion Iraqi dinars (approximately $152.2 billion) with a total deficit of 63 trillion dinars ($48.3 billion). As of now, the budgets for the years 2023 and 2024 have not been made public.


https://www.shafaq.com/en/Iraq-News/Minister-of-Labor-Initiates-Budget-Implementation-Instructions