Parliament Finance: The Central Bank will move to support banks through this mechanism, 21 MARCH

Parliament Finance: The Central Bank will move to support banks through this mechanism

3/20/2024   Baghdad

Today, Wednesday, the Parliamentary Finance Committee revealed the Central Bank’s intention to support banks through loans, while indicating that the Ministry of Labor has opened the platform for applying for small project loans.

The representative of the committee, Mustafa Al-Karawi, said in an interview followed by Al-Iqtisad News: “The committee, during its hosting of the governor of the Central Bank, called for support for banks, especially in the issue of loans,” noting that “the governor of the central bank promised the committee to launch loans, especially the Real Estate Bank, to support the construction movement.”

He added, "Loans for small projects will be through the Ministry of Labor, which in turn has opened a platform to provide unregistered people who have not benefited from previous loans in order to support projects, with the value of the loan reaching 50 million dinars." LINK 

"QFS CONVERSATIONS" BY GOLDILOCKS, 21 MARCH

 GOLDILOCKS

For over 15 years, Bitcoin has been a highly speculative digital asset. A speculative asset moves primarily with the emotions of the people who decide to buy assets such as these inside a non traditional banking system. 

Bitcoin and other cryptocurrencies are currently being regulated, and they are being incorporated into the new digital market system. 

This is a movement from speculation to utility case scenarios. Utility case assets such as electricity, gas, and other use case scenarios supports an economies' infrastructure. 

This gives validity and purpose to virtual currencies creating solid opportunities inside a supply and demand market. For these reasons, cryptocurrencies are essentially an idea whose time has come. 

© Goldilocks 

https://stealthex.io/blog/future-of-crypto-in-the-next-5-years/

https://www.investopedia.com/tech/why-bitcoin-price-predictions-are-unreliable/

https://www.investopedia.com/terms/m/market-price.asp#:~:text=purchased%20or%20sold.-,The%20market%20price%20of%20an%20asset%20or%20service%20is%20determined,demanded%20is%20the%20market

$0.76 Rate During Ramadan?💣Sources Says All 'GO' 🤔Iraq Dinar RV Updates ...

Iraq commends German companies’ participation in development projects, 21 MARCH

 Iraq commends German companies’ participation in development projects

The Iraqi Head of the state, Mohammed Shia Al-Sudani, affirmed on Monday that Iraq invites the cooperation of German organizations in Iraq’s improvement drives.

Al-Sudani’s assertion occurred during his gathering with Germany’s Clergyman of State at the Government Unfamiliar Office, Tobias Lindner, and his going with designation, as indicated by a proclamation delivered by the State head’s Office (PMO).

The Iraqi Head of the state expressed that the public authority is as yet attempting to further develop the venture environment and draw in unfamiliar capacities, especially considering the Advancement Street task’s presentation and the open doors it offers.

Al-Sudani discussed the dependability accomplished in Iraq and the rising abilities of the Iraqi security powers. He likewise affirmed that endeavors to pull out the global alliance and change to reciprocal relations with its part states have been continuing, especially considering the loss of ISIS psychological oppressors.

Moreover, Iraq’s State leader examined the ongoing circumstance in the Gaza Strip, Iraq’s endeavors to convey helpful guide to the Palestinians, and endeavors made to accomplish a truce and forestall the development of the contention.

Al-Sudani likewise approached the worldwide local area to bear liability regarding stopping the continuous conflict and attack that the Palestinian public are exposed to.

Lindner recognized the advancement, financial development, and solidness accomplished in Iraq, focusing on that the German government will continue with the joint activity plan that Al-Sudani settled upon with the German Chancellor during his new visit to Berlin.

The German priest communicated his nation’s help for the Iraqi government’s moves toward end the presence of the global alliance in Iraq, communicating Germany’s status to consent to a reciprocal collaboration arrangement with Iraq in the security and military fields.

"BANK INTEL CONFIRMATION" BY TEXAS SNAKE, 21 MARCH

 TEXAS SNAKE

Texas Snake, [03/19/2024, 10:21:23 p. m.]:

While this may be a little longer than most updates and while I cannot respond to anymore than I post I will open the room afterwards for any additional confirmations any of you folks may have heard or to at least share your thoughts or concerns.

The banker called this morning to advise several high level CC had been scheduled today to which he was demanded to attend each one.

  A total of 6 calls took place.  While he is unable to share any of the details he was able to determine those pulling the strings are very serious of exactly where they are and what must be done to ensure compliance to execute the currency revaluations. 

All being shared allows me to surmise they want this project of exchanging to be completed by months end even if all exchanges are not fully completed into early April. 

There it is sports fans,  Not that many days remain in March.

Okie Oilman also shared some very impressive intel with me earlier which confirms what the banker shared so he is still very much involved in getting us to our final destination, please keep him in your prayers that he can join us on the cruise.

March 20, 2024 BY NADER FROM MID EAST

The United States intends to refill the strategic oil reserve, 21 MARCH

 The United States intends to refill the strategic oil reserve, 21 MARCH

The US Secretary of Energy, Jennifer Granholm, declared today, Monday, the US’s expectation to top off its essential oil hold toward the finish of 2024, after the stock tumbled to its most minimal authentic levels the year before.

Following the Russian-Ukrainian conflict, US President Joe Biden reported an uncommon withdrawal from oil holds in a move condemned by conservatives.

Between September 2021 and July 2023, the US consumed around 274 million barrels of save, making it tumble to its most reduced level in 40 years.

Washington laid out the hold during the 1970s as a crisis save after the 1973 energy emergency.

In June 2023, the US government started repurchasing oil to support holds. In the accompanying nine months, the essential oil hold was expanded by around 14.7 million barrels, as per the US Energy Data Organization.

Granholm uncovered that the hold level has been upgraded by around 30 million barrels since the previous summer, crediting this to different exchanges, including the recuperation of amounts of raw petroleum that were lent to significant industrialists.

“Before the current year’s over, we will essentially be back where we were,” she said at the Sierra Energy Week meeting in Houston.

The stock will be supported by one more 140 million barrels of oil that was initially expected to be sold somewhere in the range of 2023 and 2027 subsequent to dropping deals set by Congress.

Oil costs have remained somewhat stable since the previous fall subsequent to ascending directly following the Russian-Ukrainian conflict.

Makers in the OPEC+ collusion said recently that they would expand the creation cut by 2.2 million barrels each day in the second quarter to help costs.

Granholm accentuated that the Biden organization’s record shows that “while we can keep up with energy security, we can likewise answer mindfully to the truth of market changes.”