Iraq’s Central Bank Calls for Trade System Overhaul Amidst Global Market Fluctuations, 24 OCT

 In the bustling heart of Erbil, a city that straddles both history and modernity, the Central Bank of Iraq (CBI) Governor Ali Al-Alaq took the podium at the inaugural Annual Banking Conference. His message was clear and urgent: stability in the exchange rate of the Iraqi Dinar against the US Dollar necessitates a comprehensive overhaul of the trade system and financial transactions. This call for change comes amidst a time of significant global market fluctuations, impacting economies worldwide.

(Also Read: Arrest of Iraqi Citizen Intensifies Security Measures in Buenos Aires Amid Rising Middle East Tensions)

The Call for Stability

With the weight of his office behind him, Al-Alaq emphasized the importance of adherence to the principles outlined in the Anti-Money Laundering and Terrorism Financing Law. These principles, he stated, are indispensable to safeguard the integrity of Iraq’s financial system. Further, they are essential in protecting Iraq from serious risks, especially those associated with foreign exchange operations and the sale of the Dollar in various forms.

Al-Alaq underscored the link between the enforcement of these standards and the smoothness of transfer operations. He stressed the need for a commitment to these principles to ensure monetary stability and maintain exchange rate stability, crucial for the economic health of Iraq in an unpredictable global market. The governor also recognized the necessity of significant changes and restructuring within the Iraqi trade system and foreign transfer system to achieve this stability.

Revitalizing the Banking Sector

While the CBI focuses on exchange rate stability, the Iraqi government is also taking significant strides to revitalize the banking sector. Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) outlined key initiatives aimed at transforming the banking sector at the same conference. These initiatives include direct deposit of pensions into bank accounts, online financial management for traders, online loan applications, and online money transfers. The government’s ambitious aim is to ensure that one million employees have bank accounts by the end of the following year, and to expand the presence of banks and ATM machines in the region.

(Also Read: Iraqi Prime Minister Speaks Out on Palestinian Rights Amid Conflict)

Barzani accentuated the need to cultivate healthy competition among banks in the Kurdistan Region and restore public trust in the banking sector. He acknowledged the societal hindrance created by an overreliance on cash, which has stifled economic growth and opened avenues for fraud and money laundering. The government, he affirmed, is committed to supporting banks in enhancing and expediting their services to meet the needs of citizens and businesses.

Steadying the Economic Ship

These concerted efforts by the CBI and the Iraqi government reflect a shared commitment to financial stability and economic development in Iraq. By focusing on exchange rate stability, improving the banking sector, and promoting transparency and integrity in financial operations, Iraq aims to create a conducive environment for economic growth and trade. Amidst the ebb and flow of the global market, Iraq’s economic ship is steadying its course, charting a path towards stability and prosperity.

https://bnn.network/politics/iraqs-central-bank-calls-for-trade-system-overhaul-amidst-global-market-fluctuations/

The Echoes of War: An Examination of the Israel-Hamas Conflict, 24 OCT

 The sun, a reluctant witness, rose over the Al Schati refugee camp on the Gaza Strip’s Mediterranean coastline, casting long shadows over the remnants of a recent Israeli attack. The Israeli military, poised for a prolonged encounter with Hamas, had targeted one of the group’s bases within the camp. The attack, a ripple in a churning sea of conflict, reverberated far beyond the Gaza Strip, eliciting reactions from world leaders and fueling debates on college campuses halfway across the globe.

The Strike and its Aftermath

As per the Israeli military, the strike was aimed at a key staging ground for Hamas inside the Al Schati camp. The aftermath was a tableau of destruction – dozens reportedly killed or wounded, among them women and children. The Palestinian enclave’s health ministry reported five deaths within the camp, but the Israeli military has remained silent on the specifics.

Despite the international community’s urgings, the Israeli military shows no signs of easing its bombardment of the Gaza Strip. The United States, among others, has implored Israel to allow a greater influx of aid into Gaza, which is on the brink of a humanitarian crisis after two weeks of relentless attacks. Yet, the prospect of a ceasefire seems dim, as if obscured by the thick smoke billowing from the bombarded buildings of Gaza.

The Humanitarian Crisis

As the violence escalates, the toll on human life is mounting. The Palestinian health ministry reports that over 5,000 people have been killed in the enclave by Israeli airstrikes over the past two weeks. Simultaneously, violence and Israeli raids in the occupied West Bank have resulted in the death of 96 Palestinians and injuries to 1,650. In Israel, the initial Hamas attack claimed more than 1,400 lives, primarily civilians, while 222 people, including foreigners, were taken hostage during the incursion.

Amid the turmoil, aid agencies and the United Nations have warned of a looming humanitarian catastrophe. Despite these pleas, Israel has continued to block the entry of critically needed fuel for water, sanitation systems, and hospitals. Two aid convoys did manage to reach Gaza during the weekend, bringing with them food, water, and medical supplies. But the need is immense, and the aid – a mere drop in the ocean.

The Wider Implications

The conflict between Israel and Hamas is not confined within their borders. It has sparked protests worldwide and instigated heated debates on college campuses. As Israel expands its targets to include sites in the occupied West Bank, Syria, and Lebanon, fears of a widening war are growing. The situation is further complicated as Iran-backed militias in Iraq launch attacks on U.S. bases in eastern Syria.

At the United Nations Security Council’s monthly meeting on the Israeli-Palestinian conflict, the U.S. is pushing for a resolution condemning the Hamas attacks in Israel and the violence against civilians. The proposed resolution also reaffirms Israel’s right to self-defense and demands the immediate release of all hostages. Yet, the road to resolution seems long and fraught with challenges.

As the sun sets on another day of conflict, the world watches and waits. The echoes of explosions are a grim reminder of a truth we’ve known too well – in war, it is always the innocent who suffer the most.

https://bnn.network/breaking-news/war/the-echoes-of-war-an-examination-of-the-israel-hamas-conflict/

"RV UPDATE" BY Bearded_PatriotUSA, 24 OCT

 Bearded_PatriotUSA

Telegram post 
10/23/23

TNT call: We don’t know what is holding up the RV. The banks can see the new dinar rate on their screens since Friday. Iraqi contact and IMF thought it would go on Sunday.

 One 3 letter agency is saying in the next 3-4 hours today, and a contact in Iraq is saying by Wednesday. 

The electronic cards in Iraq still haven’t been reactivated, even though point of sale is reactivated. We’re just waiting for the US to release it.

https://t.me/Bearded_PatriotsUSA/4219

Electronic Ports - Unified Treasury Acount - Iraq Dinar - WTO - US Arab ...

Nechirvan Barzani And The US Consul Express Concern About “Expanding Risks In The Middle East”, 24 OCT

 Nechirvan Barzani And The US Consul Express Concern About “Expanding Risks In The Middle East”

Political | 10/23/2023   Baghdad – Mawazine News  On Monday, the President of the Kurdistan Region, Nechirvan Barzani, exchanged views with the US Consul General to the Kurdistan Region, Mark Straw, about the latest developments in the situation in the region, the targeting of coalition forces, and security cooperation between Erbil and Baghdad.

According to a statement by the regional presidency, the two sides only expressed their concern about the possibility of expanding risks, tensions and repercussions in the Middle East and stressed the protection of coalition forces and diplomatic missions in Iraq and the Kurdistan Region, in addition to continuing security cooperation between the Peshmerga forces and the Iraqi army to protect stability.

Discussions on several issues of common interest were other topics during the meeting.

https://www.mawazin.net/Details.aspx?jimare=236764

JUDY NOTES, 24 OCT

 Judy Note:

To add to Deep State woes, their US Inc. fiat US Dollar bankruptcy had long been finalized, their replacement “Great Reset” of digital fiat monies had been rejected by Congress, while a feared gold/asset-backed Global Currency Reset was pending – which could so track the monies that it would reject from having a bank account on the new Global Quantum Financial System, anyone identified as having leanings toward the Deep State Agenda.

Judy Note: If you were reading this Update on, or from Operation Disclosure Official, be aware that the information has been redacted. For a complete un-redacted version, see a PDF copy at the end of the Update on Operation Disclosure Official, or read an un-redacted version on the Rumor Mill Website.

Global Currency Reset:

• Mon. 23 Oct. TNT: “We don’t know what is holding up the RV. The banks have been able to see the new Dinar Rate on their screens since last (Fri. 20 Oct.) An Iraqi contact and the IMF thought it would go on (Sun.  22 Oct.). One Three Letter Agency was saying in the next 3-4 hours today (Mon. 23 Oct.), and a contact in Iraq was saying by (Wed. 25 Oct.). The electronic cards in Iraq still haven’t been reactivated, even though point of sale is reactivated. We’re just waiting for the US to release it.”
• Sun. 22 Oct. Wolverine: ALL sides are ready to go. The unlock codes arrived on Fri. 20 Oct. from the World Bank.”
• Sun. 22 Oct. Texas Snake: “Nobody has the date of release. There was indication that notice was issued before midnight Reno time Sat. 21 Oct, but we must wait to see if this accurate regarding the Bond Holders and tiers which preceded us in exchanging. Have heard some started on Sun. 22 Oct., but no confirmation as yet.”
• Sat. 21 Oct. TNT Update, Ray: “Iraq changed its rate again (.001 per Dinar). We are being told to look for the big change in the coming days (hours).
• 
  
• https://dinarchronicles.com/2023/10/24/restored-republic-via-a-gcr-update-as-of-october-24-2023/

"Your Redemption/ Exchange Appointment" by JUDY , 24 OCT

 Your Redemption/ Exchange Appointment:

• Judy Note: It is my personal opinion, and I could be wrong, that we will receive through email from Wells Fargo Bank (Wells Fargo is owned by the Chinese Elders) a link to a secured website.

I will advertise that website in my Update and others will publish it on their websites. You can send that website to anyone you wish so they can make their own appointments.

You go into that website and it will ask you a series of questions to determine that you are you. It will ask you if you have Zim and/or currency to exchange. After which it gives you a specific 800 number to call to make your appointment.

That 800 number is assigned to only you, you should not give it to someone else to use and you can only use that number once.

You cannot make appointments for others unless it is under special circumstances.

When you call your 800 number, the person on the other end of the line will make your appointment, giving you time and address for your appointment, and answer your questions.

• Remember: When you own assets in your own name, you open yourself up to being sued and potentially losing everything you’ve worked so hard to accumulate.

When you own assets in various legal entities such as holding companies, trusts and LLC’s you can protect the vast majority of your wealth by bifurcating your assets.

Only the entity which has legal liability is subject to legal claims. This is a legal structure that all millionaires and billionaires use and so can you! You don’t have to be a billionaire to protect what you have worked so hard to acquire.

You don’t have to have a trust set up before your appointment as they will give you a Skeleton Trust at your appointment to put your monies in. You will have 90 days to transfer your monies from that Skeleton Trust into one or more trusts you have set up for yourself.

https://dinarchronicles.com/2023/10/24/restored-republic-via-a-gcr-update-as-of-october-24-2023/