Friday, April 12, 2024

Jon Dowling Weekly Wrap Up Latest News Updates

Al-Shammari: Sudan’s upcoming visit will chart the identity of the relationship between Baghdad and Washington, 12 APRIL

Al-Shammari: Sudan’s upcoming visit will chart the identity of the relationship between Baghdad and Washington

Political adviser to Prime Minister Fadi Al-Shammari confirmed today, Friday, that Sudan’s upcoming visit to the United States of America will chart the identity of the relationship between Baghdad and Washington.

Al-Shammari said in a press statement, “It is expected that the Prime Minister will put the activation of the framework agreement at the top of the visit’s agenda in order to enhance cooperation and coordination with the United States and activate the terms of the agreement between the two countries, especially in the fields of development, economy, investment, education, technology, artificial intelligence and climate.”

He added, “The Prime Minister seeks to deal with the files in a way that restores balance, strengthens the partnership, matures the relationship between the two countries, and draws out the nature, identity and identity of joint relations, by fixing the factors of joint commitment and focusing on the main aspects of the strategic framework agreement as well as the joint political, security and military files.”

https://alforatnews.iq/news/الشمري-زيارة-السوداني-المرتقبة-سترسم-هوية-العلاقة-بين-بغداد-وواشنطن


"CENTRAL BANKS ALL OVER THE WORLD CONTINUE TO FOCUS ON ACCUMULATING GOLD" BY GOLDILOCKS, 12 APRIL

 GOLDILOCKS

We are at the place where Credit Valuation Adjustments are about to begin. 


The process will be monitored and assessed throughout most of this year and as new changes take place.


Look for all sectors of the market to be involved in this process such as banking systems and Forex.


Central Banks all over the world continue to focus on accumulating gold. Utilizing Gold as a World Reserve Asset makes this asset a matter of time before a country or countries of significant influence will build upon it's fixed value into their currency. 


The BRICS Nations have been looking to do this for some time in the creation of and use of a trading currency that would appeal to all countries around the world. 


Sprinkle a little gold dust on this new currency, and you will have a standard by which all trading protocols can be measurable on the QFS and utilized as a bridge asset through a digital asset backed by GOLD such as XRP.


© Goldilocks


https://www.risk.net/definition/credit-valuation-adjustment-cva#:~:text=Credit%20valuation%20adjustment%20is%20a,possibility%20of%20a%20counterparty's%20default.

Gold Silver and Crypto update for 04/11/24 - Wow update from Monica and ...BY PIMPY

Turkey announces the formation of a ministerial council between “Ankara and Baghdad” to follow up on the “development road” project, 12 APRIL

Turkey announces the formation of a ministerial council between “Ankara and Baghdad” to follow up on the “development road” project

Shafaq News / Turkish Transport and Infrastructure Minister Abdulkader Uraloglu revealed on Friday a (Turkish-Iraqi) decision to establish a joint mechanism similar to the “Ministerial Council” to follow up the “development road” project.

Uraloglu said in a statement that the visit, which President Recep Tayyip Erdogan is planning to conduct, to Baghdad, at the end of this month, will address issues that will enhance cooperation between the two countries in the “development methods” project.

The “development road” is an economic project aimed at connecting Iraq with Turkey through land and railway routes with the aim of transporting goods between Europe and the Gulf countries.

Uraloglu pointed to the taking of important steps over the past year on the “development path”, and the holding of ministerial negotiations between the two countries to develop cooperation.

In this regard, Ankara hosted technical talks under the supervision of the Ministry of Transport and Infrastructure, with the participation of representatives from the Turkish Ministries of Foreign Affairs and Trade, and an Iraqi delegation, including representatives from the Prime Minister, the Ministry of Transport and the General Authority of Customs.

“As a result of our regular meetings with Iraq, we have decided to establish a mechanism similar to the Ministerial Council between the two countries,” he added.

Uraloglu pointed out that in the past period he held talks with his Iraqi counterpart Razak Mheibis Al-Saadawi, during which they agreed to start establishing the mechanism along the lines of the ministerial councils between Turkey, Hungary and Serbia.

He explained that they are waiting for the participation of the UAE and Qatar along with Turkey and Iraq in the Ministerial Council.

https://shafaq.com/ar/اقتصـاد/تركيا-تعلن-تشكيل-مجلس-وزاري-بين-انقرة-وبغداد-لمتابعة-مشروع-طريق-التنمية


BRICS NATIONS BY GOLDILOCKS, 12 APRIL

 Thurs. 11 April BRICS Nations, Goldilocks

BRICS refers to certain emerging market countries—Brazil, Russia, India, China, South Africa, and more—that seek to establish deeper ties between member nations and cooperate on economic expansion, including trade. The countries act as a counterbalance to traditional Western influence.”

When the BRICS Nations become strong enough to have a trading influence equal to or greater than the Western Culture, there will be bilateral agreements “only” as a reason for us to sign documents in the near term. 

This is expected to change in about two decades when the BRICS Nations are expected to be strong enough to overtake the dollar. The transition of the dollar is expected to be a slow process. In the meantime, the Dollar Act is in process of moving through Congress to support this transition.

To have a (digital) currency  strong enough to challenge the dollar or equal within its dominance able to level the playing field for the BRICS Nations, they will more than likely have a gold backed digital trading coin that will give them the capacity to do so.

At that time or before, the United States will be under a Gold Standard and part of the new leveling playing field.

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