Thursday, April 25, 2024

Economist: There Is Serious Work To Lift US Sanctions On Iraqi Banks, 25 APRIL

 Economist: There Is Serious Work To Lift US Sanctions On Iraqi Banks

Economy | 04/25/2024  Mawazine News – Baghdad  The expert in economic affairs, Safwan Qusay, confirmed that there is a joint committee between the US Federal Reserve and the Iraqi Central Bank in order to lift sanctions on some banks.

Qusay said, in a televised interview followed by Mawazine News, that “the joint committee is working to study the activities of the banks sanctioned by the US Federal Reserve.”

He added that “banks that have worked to purchase equipment or tools from sanctioned countries will have sanctions imposed on these banks.” A fine, indicating that the government must work to rehabilitate the banking sector so that it is internationally accepted.”

He pointed out that “the government of Muhammad Shiaa Al-Sudani directed the formation of a joint committee between the US Federal Reserve and the Iraqi Central Bank in order to move towards lifting sanctions on Iraqi banks and restoring the status of the Iraqi banking sector. ” to its global stature. https://www.mawazin.net/Details.aspx?jimare=246721

ABOUT THE STATUS OF IRAQ" BY GOLDILOCKS, 25 APRIL

 GOLDILOCKS

Iraq is telling us on the CBI website that they are meeting their Financial Inclusion Requirements. 


G20 has standard guidelines for what this means. 


"Financial inclusion is measured in three dimensions: (i) access to financial services; (ii) usage of financial services; and (iii) the quality of the products and the service delivery."


© Goldilocks


https://cbi.iq/news/view/2552

Coffee with MarkZ. 04/25/2024


PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain political –type picture is posted on Marks videos I will not show it. If it’s a stream mainly about politics…I will not do notes. 

MarkZ  Update- 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: TODAY is the day Noah’s Ark landed, and the day the Red Sea parted Expect a HUGE day today.

​​Member: Does the fiat dollar crash, the stocks crash first then the RV? Or will the RV crash the market?……

Member: Sounds like what came first- the chicken or the egg?

MZ: It was quiet overnight on the bond side. No news since yesterday. But we had such tremendous movement the last couple of days I am not worried about it. 

MZ: In Iraq “ Iraq’s Federal Board of Supreme Audit exposes US $600 million corruption scandal involving “ghost travelers”  Iraq allowed people to get US cash when they said they were going to travel abroad. People were getting cash and were not traveling at all…and the money went to the parallel markets…... The US claims this is “corruption”  This is more proof paoitive they need to change that dinar rate as soon as possible.

Member: Al Sudani walked with his people and took pictures. His people were showing Sudani lots of love

Member: Yes- Nader posted a video showing Sudani walking the street, mingling with citizens letting them know he cares about them and allowing selfies.

Member: Last night on Whiskey and Winning the consensus from the guys is we are not winning this thing….How can bonds be moving ? Which means we follow and Nesara after?

MZ: It doesn’t have to be one or the other. Both sides need a economic reset. Both sides need commodities to win because that is their only way out. So both sides need the reset, bonds to move and money to change hands. But one of the sides does not want the political changes of Nesara….That is where it is a little spookier. Either way its good news for us that we have prepared ourselves . 

Member: Think of this War as a "Tug of War". Our side is growing with people waking up. Their side is shrinking. It's just a matter of time, and they are panicking!

MZ: Many are preparing for a “blood letting “ tomorrow on the DOW. Tomorrow we may get some huge drops. 

Member: I will be surprised if the rats don’t manipulate the market back up so the loss is minimal.

MZ: I expect a crash on Friday because more inflation numbers are coming out then. This should obliterate the hopes of a rate cut. If they do announce a rate cut- then the whole market is going to know that inflation is getting ready to go through the roof. Either way I believe tomorrows news is going to be bad. Maybe Jaime Dimons statement that a “soft landing” is never going to be an option is true?

Member: All news is bad from everyone everywhere.  There is no good news anywhere in this world right now.  

Member: Mark…thoughts…could the scare event be a market crash by chance?? A lotta people could be like “meh” with nuclear stuff, but mess with their money and “The sky is falling and world is ending”?

Member: The market has 3 levels of circuit breakers. 1st is 7%, the 2nd is 13%, and the third is 20%. We are currently only down 1.7 % for the dow.

Member:  Let's hope tomorrow is the crash we have been expecting... You can't make an Omelet without breaking a few economies

Member: Any news on the Bolivar.

Member: The Venezuelan leader's aspirations for BRICS membership are anticipated to crystallize at the upcoming summit in Russia this October. Dumping the US Dollar.

Member: Yesterday I heard when we go to redeem they look at serial numbers of our currency to see who bought them?

MZ: When you go to the bank or grocery store-do they search your serial numbers when depositing or spending it? This is more insanity that people get fed as misinformation……I want to hit myself in the head with a mallet at some of this. 

Member: I believe that we need to stop the fear porn ... it doesn't matter what the rates are, trusts, serial numbers, being probed ... STOP and just realize that you are being BLESSED because U R Chosen

MZ: The Economic Ninja did a video on the Iraq currency yesterday. More and more people are talking about it.  Even Jaimie Dimon said the dinar was going to be the economic savior of the entire world. Sudani has already told us they are going to increase the value and remove the zeros. It’s going to happen. 

Member: when we exchange... do we need to put all like currency together or keep each purchase separate?

Member: I put each currency in a separate envelope with the name of the currency on it and then another envelope with any receipts I had.

Member: Today's word is "exhaustipated" too tired to give a sh*t…lol

Member: Nobody better say “trust the plan” or “Its all a movie” to me today or I will explode!!!

Member: After the reset i don’t want to see or eat popcorn ever again in my life

Member: I have so many friends losing patience in this and kinda giving up. they are tired of the lies/not seeing anything happening

Member: I agree this Shit Show should have been over a LONGGG Time ago! The Suffering is becoming OBSCENE! I

Mod: SHOW US THE MONEY AND WATCH THE WORLD CHANGE IN A BLINK OF AN EYE!!!

MZ: I agree. 

Member: I heard the RV delay was for our safety. Now things are under control?

Member: I can't believe after today there is only 5 days left in this month

Member: A reset/RV and Nesara would fix most problems worldwide. I pray they are not just a fairy tale or myth. 

Member: If Whitehats do exist- they better do something soon or there will be nothing in this world left to save. 

Member: If we only need 30% of the bond people to go before we get our turn to exchange….I beleive we are very close. 

Member: Use this time to make decisions about what we want to do to help THIS World become a truly loving place for ALL to live!!

Member: I know we are all tired and frustrated but try to keep positive that “suddenly” good things will happen. 

Member: Mark, thanks as always…Everyone have a nice day 

Member: Mark thank you for your podcast and renewing my faith that there are still sane people still around

Mod:  DR. SCOTT YOUNG WILL BE JOINING US ON TONIGHT'S PODCAST!!

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More Than 138 Billion Dinars In “Fines” Imposed By The Iraqi Central Bank On Banks And Exchange Companies, 25 APRIL

 More Than 138 Billion Dinars In “Fines” Imposed By The Iraqi Central Bank On Banks And Exchange Companies

Economy     breaking     Central Bank of Iraq   2024-04-23 00:11   Shafaq News/ The Central Bank of Iraq announced on Tuesday that the fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 138 billion Iraqi dinars during the past three months.

A table of the bank, seen by Shafaq News Agency, showed that the fines imposed on banks and financial companies during the past three months, starting from January and until the end of last March, amounted to 138 billion, 377 million, 321 thousand, and 527 dinars, indicating that

 “the fines It also included 49 administrative penalties for these banks and non-banking institutions, distributed between warnings, warnings, and grace periods. The table showed that

  “the month of January witnessed the highest fines on banks and non-financial institutions, as these fines reached 98 billion, 277 million, 722 thousand, and 62 dinars, with administrative penalties amounting to 17 penalties, while the month of March witnessed the lowest fines, amounting to 5 billion and 462.”

One million, 451 thousand, and 344 dinars with administrative penalties amounting to 15 penalties.”

 The table did not show the names of the banks on which fines and administrative penalties were imposed.

 The Association of Investors in the Iraqi Stock Exchange had criticized, in early June, the Central Bank of Iraq's increase in fines on banks, noting that it would affect the profitability of investors in the shares of these banks.  

 https://shafaq.com/ar/اقتصـاد/كثر-من-138-مليار-دينار-غرامات-المركزي-العراقي-على-مصارف-وشركات-صرافة   

"RV UPDATE" BY TEXAS SNAKE, 25 APRIL

 TEXAS SNAKE

  • Mon. 22 April Texas Snake: “The Iraqi Prime Minister returned to his country this past Monday and turned over to the head of the CBI to announce the pending revaluation of his nations currency.  The CBI provided the new rate to the IMF who in turn provided this rate to the FOREX which by policy has 72 hours from receipt to post for universal recognition for sometime Wed. 24 April.
----

Okie had some positive news earlier today, thought we would hear some indication of the new rate when the Premier returned to his country from his visit to the US, the banker is assisting his hospitalized wife in CA so very little news from him so I guess we wait for FOREX to open, but again sports fans we appear to be very close, so say your prayers tonight.


This may be a little longer post than usual as the powers that be do not wish to get anyone''s hopes up only to be disappointed when the RV does not come in.  Well I spent 40 years in the investment banking and financial planning industry which allows for a slight advantage in researching certain areas of the acknowledged resources regarding money and securities.  Those areas being the IMF, FOREX, WTO, etc, etc.  


The Prime Minister returned to his country on this past Monday, he turned over to the head of the CBI to announce the pending revaluation of his nations currency.  The CBI provided the new rate to the IMF who in turn provided this rate to the FOREX which by policy has 72 hours from receipt to post for universal recognition which will be sometime between now and Wednesday 4/24/2024 by 7:00 PM.  


Since both the Gazette and the IMF rate schedules are published on Wednesday each week we can assume should there be a revaluation we should receive that news during this window.  Don't get excited or make any serious decisions but please stay calm and watch the next few days as we seem to be this close.  GOD Bless


Texas Snake, [04/22/2024, 10:25:30 p. m.]:

About 10 more minutes then I need to close


Will try to illistrate that tomorrow


Yes he uses a CBI Debit card to purchase items in Beeville and he discovered the exchange rate on a recent purchase equaled $3.90 US for his Dinar value up substantially from before the in country RV


Well folks will come back with anything new GOD Bless


https://dinarevaluation.blogspot.com/2024/04/rv-update-by-texas-snake-24-april.html

FRANK26…4-24-24….WELCOME WALKINGSTICK

Bruce’s Big Call Dinar , 25 APRIL

Bruce’s Big Call Dinar Intel Tuesday Night 4-23-24   REPLAY LINK   Intel Begins   1:05:15

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHYuE

Welcome, everybody to the big call tonight. It's Tuesday, April 23rd and you're listening to the big call. Glad everybody's out there and it's tuned in, hopefully our SAT team has everything going out all over the globe as they have been doing for months and months now for us which has been great – and we like the fact that we're reaching, sometimes over 18 million listeners almost live - three seconds behind live, as my voice is being translated into many, many languages around the globe. That's cool. And we'd like that. And so let's, let's pray the call in

10:08 Let's do this. Today is just the 23rd  tomorrow is the 24th  I don't know that that is significant, specifically, but it could be - for the bondholders who are still waiting to get their email to give them access to their accounts. That is happening  

Now - We were told earlier today that they're all over the bondholders - meaning, the bondholders are being handled, they're being worked on they're being released emails. I don't know if that's happening as deeply as I heard it, but I know that they plan to let them have those emails and get access to their account in the next couple of days  - meaning  two days.

Now, we have received some intel from our redemption centers - and what happened was on Sunday, the staff went into redemption centers to listen to a video or watch a video, which was about an hour and a half long, and that was up on the quantum financial system and also on the new banking system and what the banks could do and couldn't do.

For example, we don't believe the banks will try to make money off of our money anymore in the banks. That's what we've been told. Let's see what it all looks like when we get into the appointment. And we might have a few questions answered.

But that's what they did Sunday. Monday they went in thinking we would receive our 800 numbers and they went in around nine o'clock so they could so that we could get appointments  set - and that was yesterday. Well, the numbers didn't come in yesterday.  So that changed their schedule.

Today. They were scheduled redemption centers were scheduled to go in at 830 in the morning, and some one redemption center specifically would stay open till nine o'clock at night for the next nine days. 830 in the morning to 9pm which is nine days now that would have been if we had started exchanges today.  Well, we don't have numbers  - so we can't start exchanges yet. That's how they were scheduled though.

And I thought well, that's a great schedule if it comes through  and if we do get the 800 numbers we can set appointments and start changes today.

Well - it didn't happen. So what is happening apparently, so we're getting this from two separate redemption centers. Two separate sources is saying that everything should be released to us and have a climactic conclusion by end of this week.

In other words, it might turn into a little bit of a frenzy of numbers coming in emails  to the bondholders - setting appointments, all of that, like magically coming to fruition at the end of the week. We could call that Thursday, Friday, we can even call it into Saturday - it's not clear. They didn't give that specific day where this all go and happen.

But I am encouraged by one head of a redemption center. And remember, this is a banned phrase of the big call but I'm going to use it even though its banned -  that phrase was  “this is the week.”

Now, I’m kidding when I talk about banned phrases – but of course but if this head of the Center is saying this is the week for us to go - . So we have to at least hope that is correct. And then we are going this week weekend, whichever it is, but I'm encouraged when I hear that - Because I think well, we don't have it on a Wednesday or Thursday necessarily. But if we can get through this week and we do have the week next week and have it I'm sure we'll all be grateful and be thankful that we got it this week.

 So we have heard from - you know what --  it might end up being? The things come through on Charlie Ward's Thursday. It is possible. I don't have an update from him yet but doo expect to him yet but late tonight. So that can’t help us tonight on the big call. So I think what we need to do is realize what's happening at the redemption centers -

What are they seeing? On the Bank screens ? They are seeing  19 currencies  going up consistently  in value --  these are the currencies that we know about – 3/ 4/ 5 /6 Were all invested in to some extent or another -  

And so they’re watching  those as of actually Sunday and yesterday, Monday, Tuesday, blowing up in value that's  going to top out for a couple of days.

And I knew that was gonna be the case on the dong - we had a very good rate on it over the weekend – but we also know that this is a currency that may continue to go up a little bit more every day in value.

And we knew that was the case in years and years ago. That could be the case that certain currencies were moving up, but they might move up in the next few days, more than a day or two ago or something. I don't think it's going to change my strategy to go in for my exchange and redemptions of zim

is doing very well - It has been on par - It is past being on par with the US and dollar. That's a good thing.

Everything is right where it needs to be –

Now -- What  we don’t know is how many more days if it is this week, and we are being told that – does this happen tomorrow -  Thursday?  Friday?  Saturday?  - We don’t know

Do we does this happen tomorrow? Thursday, Friday, Saturday? We don't know. But we're gonna hang in there as if it is they're coming to us within the next few days.

So stay tuned.  I'll have to stay tuned again.

And if we have a call on Thursday, we'll have a much better idea of probably as to whether we're going this week or not. But that is dependent on the Intel coming through and fortunately  we've had a couple of good days where we have received some indication from the redemption centers of what's happening.

I know that there were Vimeo calls on today. And I just think they're trying to tie up loose ends. They've got the information out on the quantum financial system. They got the info out on the new banking system and to the redemption center people – and I think we are going to be pleased with the information that we have moving forward. It's going to all conclude and like I said they are expecting a very positive result to come to fruition for us this week

So that's the best information that I have so far.  Okay, so everybody's up to speed, there are ever looking to see what is happening from our point of view, Bond holders are expecting to get notified. Over the next couple of days, but I think if we're on a shot gun start so we should be there pretty much in the same time frame

It could be a slight delay. They could go ahead of us by 12 to 14 hours. But in any event we should get notified with numbers and set our appointments pretty soon.

I hope that's been helpful for everybody. I want to thank everybody that tuned in Thank you SAT team for getting the word out – internationally  - all over the globe – and thank you Sue for bringing your information and helping  with your segment and your teaching everything that you do for us and the praise reports. And then thank you also Bob for bringing this valuable information

So I think that's what I wanted to share with you guys tonight.  Alright, so let's do this. Let's go ahead and pray the call out to look forward to having thing occur bondholders in the next couple of days, and hopefully for us as well as notifications. Alright, notifications come in. Let's go ahead and pray the call out.


IMPORTANT IRAQ NEWS: AL-SUDANI IS CONSIDERING INVITING AMERICAN COMPANIES TO WORK IN THE PORT OF FAW, 25 DEC

  AL-SUDANI IS CONSIDERING INVITING AMERICAN COMPANIES TO WORK IN THE PORT OF FAW Prime Minister Mohammed Shia Al-Sudani discussed, today, M...