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After canceling the electronic platform…the Central Bank reveals the mechanism for financing foreign trade, 21 FEB

After canceling the electronic platform…the Central Bank reveals the mechanism for financing foreign trade

Al-Sumaria News – Economy
The Central Bank of Iraq revealed, today, Tuesday, the mechanism for financing foreign trade after canceling the electronic platform and the currency auction, which the Central Bank intends to implement soon.
The Deputy Governor of the Central Bank, Ammar Hamad Khalaf, said in an interview with Al-Sumaria, “The Central Bank of Iraq is heading to cancel the work of the electronic platform and the currency auction soon.”

He explained that “the banks will be responsible for financing foreign trade directly through the dollars they own, and they will be fully responsible.” About auditing invoices and transfers, which is the practice globally.”

With this step, the Central Bank of Iraq intends to “withdraw itself” from the process of financing foreign trade and make the process limited to banks inside Iraq, and to American correspondent banks, which will undertake to finance the requests of these banks among themselves after reviewing the private documents, and for the Central Bank of Iraq not to enter as a party in this matter. the case.

alsumaria.tv

"RV UPDATE" BY GOLDILOCKS, 21 FEB

 GOLDILOCKS

Good Evening Dinar Recaps,

* At 12:00 EST, the vote for Protocol 20 will begin. *

The merger of Protocol 20 completes the Quantum System upgrade from Protocol 19 to Protocol 20.

There is a chance that a volatility event could happen during this time as our tokenized assets move into real values on the new Quantum Financial system.

During this transfer of assets, traditional assets are being tokenized and supported by commodities.

This will help our markets and banking system work with real-world values as they synchronize into one another.    Stellar

© Goldilocks

Iraq Need RV/RI Now💣CBI Given US Delarue Machines🤔Iraq Dinar RV Updates ...

The Central Bank of Iraq hosts a technical workshop for the General Council of Islamic Banks and Financial Institutions, 21 FEB

The Central Bank of Iraq hosts a technical workshop for the General Council of Islamic Banks and Financial Institutions

The Central Bank of Iraq hosted a technical workshop on governance and compliance in Islamic banks and financial institutions, organized by the General Council of Islamic Banks and Financial Institutions.
The workshop, which was attended by a number of representatives of Islamic banks and financial institutions, regulatory bodies and supervisory authorities, and international organizations, discussed governance and compliance in Islamic banks and financial institutions, supervisory methodologies for continuity and development after crises, challenges of governance and compliance in Islamic finance, as well as risk management practices.
The workshop saw the work program carefully designed to integrate theoretical frameworks with practical applications in the field of governance, compliance and risk management to ensure maximum benefit for participants.
For his part, Deputy Governor of the Central Bank of Iraq, Dr. Ammar Hamad Khalaf, stressed that the success of the workshop underscores the growing importance of Islamic finance in Iraq, considering that “hosting this workshop reflects our fruitful cooperation with the General Council in order to encourage best practices for governance and compliance within Islamic financial institutions.” in Iraq”.
In turn, the Secretary-General of the General Council, Dr. Abdul-Ilah Belatiq, said, “Through this distinguished initiative, we reflect the joint commitment between the General Council and the Central Bank of Iraq in developing the principles of governance and compliance in the Islamic financial industry,” looking forward to “more cooperation and constructive work to strengthen and develop the financial industry.” Islam in the region.

Central Bank of Iraq
Information Office
20 – February – 2024

cbi.iq/news/view/2516

Evening News with MarkZ. 02/20/2024

Tuesday 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 to all. Today Feb 20th was supposed to be a big day…what happened? 

MZ: We were hearing lots of things about it. And I know we are close. 

Member: Hearing bond people may receive payouts tomorrow and Isaac was expecting 1% today but has not confirmed it yet. 

MZ: There was a lot of chatter from bond folks but whenever I think they might get paid – they stop talking. Which could mean what we hope it does that they got paid and stopped talking due to an NDA. 

Member:  Two things we know....1) some are being paid...2) those funds can/are being clawed back if you violate NDAs

MZ: From Iraq: “ How will foreign trade be financed after the online platform is canceled?  The Iraqi Central Bank answers”  Lots of positive news coming out of Iraq

MZ: “Oil Minster-We plan to export gas to Europe”  They are looking to become a major player with natural gas. This is huge and something they never had under Saadam Hussein. They have been importing and now looking to be an exporter. This is an enormous untapped market for them. 

MZ: “Iraq confirms World Banks intention to promote fiscal policy reforms.” And here is the humdinger of the day. “ Al Sudani sets the date for the opening of the port of Al Faw and decides the future of the presence of the coalition forces in Iraq”  The future is they will be gone. 

MZ: This is not just the US they want to leave- but the entire coalition. He said it began in 2014 and ENDED TODAY! This is huge news. Decisions have been made and they no longer need them. They are moving towards independence. It is all good news today . 

Member: I wonder if Iraq is going to join BRICS?

Member:  I wonder How many oil rich countries have to join brics , before the petro dollar actually dies ???

Member: There is sure a lot of videos and articles being released about BRICS recently.

Member: In the future if not a member of Brics they won’t b able 2 trade with BRICS nations

Member: There is a rumor Texas has applied to join BRICS…..interesting if true. 

MZ: I don’t think Texas has applied to join BRICS. They are not a nation….Maybe if the left the US?????

MZ: “Myanmar interested in BRICS bloc work on single currency”  Many countries want that common currency. Folks are tired of corrupt central banks and if there is another currency option that is safe….(and they don’t have to worry about sanctions)  would be a huge opportunity for many small countries. 

Member: Ramadan in Iraq starts on March 10th and the revalue of Kuwait was March 25th during the middle of Ramadan

Member: I have heard ATMs are being filled with new rainbow currency but still remaining “out of service” ??

Member: I would love to see the USN’s…..Really hope they are real. 

Member:  Is the General 64 Private group still around?

MZ: Yes it is……We will hear from them when it is time ..It is still a real thing. 

Member: Do you ever feel like the "movie" is like watching a bass fishing show where they just can't land the fish?

Member: Someday they will…someday soon.

Member: Thanks for the encouragement and everyone enjoy the rest of your evening.  

“THE CONTENT IN THIS PODCAST IS FOR GENERAL& EDUCATIONAL PURPOSES & NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR 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.

"RV UPDATE" BY JEFF, 20 FEB

 Jeff 

 Article: "Al-Sudani reveals the intention to end the political role of the United Nations mission in Iraq"  Do you notice how they're talking about removing the remaining US coalition forces and the United Nations together at the same time?  That's because Iraq's going international.  The UN has chapter VII sanctions on Iraq and the US has OFAC sanctions on Iraq... Both parties need to remove their sanctions off of Iraq... They're discussing doing both steps simultaneously at the same time.  Not coincidence.  It's because Iraq's preparing to revalue and go international.

Article: "Sudanese Advisor:  Iraq is on the cusp of a transitional stage in the development of promising economies globally"  Yeah, because they're about to revalue and go international...It is right in front of our faces...It's almost here.  They needed the first quarter to prepare for it after achieving stability from the December elections.  March is critical to us...