Thursday, May 16, 2024

"Q & A ABOUT THE REDEMPTION CENTERS : " TO GO OR NOT TO GO" , FROM GINGER LOUNGE ROOM ON TELEGRAM, 16 MAY

 πŸ’’Q & A - Redemption Centers - To Go or Not To Go - that is the question. 


πŸ’’ Member: Ginger, I heard on the recent SOW call it seemed they were not recommending redemption centers to exchange! Putting out fear! Why would they do this? Plus this goes against Texas Snake too. πŸ˜”πŸ˜žπŸ˜•


πŸ’’Ginger: That's a sheer disappointment - what we've observed over there. Sad falling out. My sympathies to the team. 


In my opinion, it's a completely ridiculous idea to avoid the redemption center experience if you hold Zim Bond Notes. This has got to be making the dwindling, remaining Black Hats laugh their tails off. Why? ⬇️


Because They really would love to neuter and wreck the hopes and dreams of God's Humanitarians!! 


Remember, some top tier banks will also be upgraded AS contracted with the official US Treasury and they will be official redemption centers! I've taught this all along! So rhetorical question -- what the heck is the big deal then? (Directed but to the 'fear mongers' - bc that's nothing more than they are acting like. Ill-advised ill-informed, misguided fear mongering goofballs. There. I said it.) 


I've just got to throw this out there for context because it's a perfect example and makes a valid point to illustrate. Once upon a time, Frank used to beat the same drum, insisting "just go to your bank the RC idea is a bad idea" - until months back one of these in the know persons involved AT a superior bank level explained to him verbatim,


 that basic "regular banks" might not be able to accommodate this type of exchange scenario. But there will be certain ones - some top tier banks - which will be more equipped. (Our folks here in GLL know this means there will be adequate currency verification capability on site with De La Rue machine etc and they'll be trained to handle larger exchanges and redemptions including bond notes!) 


Well Frank came on one day as if he invented the idea and as if he was first to bring it to the RV community. With great theatrics and self adulation, he said, "We, in our community, will be best helped at an official Exchange Center which works with the US Treasury ".  


Upon hearing him, I literally laughed and said out loud, "Duh, Frank. That's exactly what a Redemption Center is! That's exactly what I've heard you poo pooing for years." πŸ™„πŸ€ͺπŸ˜†πŸ˜‚ I'm not bashing anyone - just relaying facts. Giving you my observation. Folks here know I appreciate Frank very much - as I do all RV helpers. But face it - He is a perfect example, you see, of someone who didn't believe in the "Redemption Center Concept" until, well, HE DID! You'll notice,


 he just cleverly changed the name, emphasizing "official Exchange Centers" (because his wheelhouse is only Iraq IQD). We can't "exchange" any Zim. We must Redeem a bond note. THIS is why we call them Redemption Centers because they can handle it all - foreign currency exchange AND bond redemptions together at one appointment. The point is, Frank thought he delivered such an innovative, novel idea, and there's some of us who've been saying this very thing all along - for many years. πŸ€¦πŸ˜‘


I hope this helps. I went into greater detail bc I know we have really new folks following here, too, who need more information to build their solid foundation. And that's what our group is kinda known for. 


Happy Campers, do not be derailed or discouraged by what's going on over in the other camp. I personally want to Thank TS for his dedicated service to the community for years. And Frank, for that matter. He's helped a lot of people and we all have our own blind spots - 


not one of us is perfect. This is the entire reason I explain why it's so super important to Observe but don't ABSORB. Take what good you can from this person/group and discard the rest. Ask God for guidance to learn and know the TRUTH and get that settled in your heart - know what YOU believe to be the Truth and why you believe it - then you'll recognize misinformation for what it is when it surfaces. 


Hope this helps somebody. 

~ Ginger 4.28.24

Iraq Dinar - IQD Study - Extraordinary Plans - Al-Sudani - Political Wee...

The Association Of Private Banks Praises The Iraqi Central Bank’s Approach To Establishing Digital Banks, 16 MAY

 The Association Of Private Banks Praises The Iraqi Central Bank’s Approach To Establishing Digital Banks

 Expenses  Economy News – Baghdad    The Executive Director of the Iraqi Private Banks Association, Ali Tariq, praised the Central Bank’s approach to establishing digital banks to keep pace with the great development in the global banking sector.

 Tariq said in an interview with Al-Iqtisad News,

 “The world is moving towards the digitization of banking services, and

 Iraq has begun its first steps in establishing digital banks, as

until now there is a digital bank licensed inside Iraq, and

it provides its services normally to the public.” He pointed out that "the

Central Bank of Iraq issued instructions to license banks, which

     set their number at a rate not exceeding 10% of the total banks operating inside the country, with

     a capital of 100 billion dinars, with traditional banks participating at a rate of 30%."

He added,  "Digital banks are similar to traditional banks, but

 they differ in that they do not have branches, and

 most of their services are via mobile phones," noting that the

size of central banks in the world has increased significantly and has reached more than 500 digital banks. Tariq noted that

 they are keeping pace with the development taking place in the banking sector.”

 views 481     Added 05/13/2024 - https://economy-news.net/content.php?id=43371    

"RV UPDATE" BY WOLVERINE, 16 MAY

Wed. 15 May 2024 Wolverine

 “I hope you guys are excited. I know it has been very stressful for all of us. Yesterday’s call was not the call I wanted to say to you, because I have been told not to say anything. But what I can tell you tell you that Brazil was to go around 12 pm today, but unfortunately, the World Bank had it postponed, but they will go tomorrow Thurs. 16 May. I will get the call when Brazil starts.

 A lot of things are happening. A huge, huge whale in Zurich whom I spoke of is looking fine, and I got the Green Light from that person, and it is looking phenomenal. Bond Holders will probably get blessed this week. Remember, the bond holders go first, and then the currencies holders. 

Tier4B will actually be “golden” in a few days, in my own opinion, as soon as Bond Holders are paid, the Tier4B should go straight away. I have a feeling that this is what’s happening. I think this will be sporadic with no announcement – Just going to happen. The announcement will come from your platform, from your whale, or maybe lawyers you are working with, saying you need to go to a redemption center. 

In terms of the public -there will be no public announcement. It all depends on what the notifications actually tell you, if they tell you to be quiet or whatever else there is. All is discrete right now. After signing NDAs no one will know who has been paid. I think that is the best way to go, so no one knows who got paid, this way we are protected. 

There are a lot of bad apples out there waiting to know if people they DO know got paid or not, and obviously, they do not want people to get harmed. This in my opinion of course. I have not received real confirmation on that. If this is the case, I cannot release the opera as it would be seen as an announcement by me. The main thing is that we all want the blessing and the Med Beds.

 And, if it is that way, I will sing the opera for you all at the get together. I might be wrong, remember, I am just a messenger. This may be a shotgun and we go at the same time – we are that close right now, and I hear wonderful news coming from certain people I know in Zurich and Miami. I am praying that this tine Bruce gets it right today. I feel sorry for Bruce – He works hard. It is a roller coaster ride for all of us. I have been wrong so many times. We do not do this on purpose. All Intel providers work hard. Things keep changing – Today, We thought Brazil would happen, and now it is tomorrow. Take care guys, Wolverine.”


Iraqi Dinar✅Huge Announcment 2024 / IQD vs USD RV news / Exchange rate t...

Al-Alaq: E-transfer platform effective against money laundering, 17 MAY

 Al-Alaq: E-transfer platform effective against money laundering

Shafaq News/ On Thursday, the Governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, announced the successful implementation of the electronic external transfer platform for combating money laundering.


According to the CBI media department, Al-Alaq, speaking at the Arab Forum for Anti-Corruption Authorities and Financial Intelligence Units in Saudi Arabia, highlighted the Central Bank's efforts in "enhancing financial transparency."

He underscored the recent CBI measures, particularly the electronic external transfer platform, which "has effectively identified actual beneficiaries and prevented the misuse of external transfers for money laundering."


"Using the cash sales platform has ensured the delivery of foreign currency to legitimate beneficiaries, including travelers and students abroad, as well as other lawful cases requiring foreign currency," he said.


Haider Hanoun, head of the Federal Commission of Integrity (FCoI), also attended the forum and pointed to international reports indicating growth in Iraq's economy, evidenced by "an increase in GDP, a rise in non-oil revenues, and a decline in inflation."

However, Hanoun warned that "corruption continues to undermine investment rates and contribute to a budget deficit."

The Arab Forum for Anti-Corruption Agencies and Financial Intelligence Units kicked off on Wednesday in Riyadh, bringing together 600 experts and 75 speakers.

Under the patronage of Prince Mohammed bin Salman, Crown Prince, and Prime Minister of the Kingdom of Saudi Arabia, the forum features the participation of financial intelligence units, anti-corruption agencies, government entities, and international organizations.

According to the Saudi Press Agency (SPA), the forum aims to "establish a clear path for cooperation among government entities in Saudi Arabia and relevant bodies in the region and worldwide." It serves as a platform for local and international experts and academic institutions to collaborate.

"The forum also presents a strategic opportunity to unify efforts among institutions in combating financial crimes."


Iraq confirms its keenness to achieve energy self-sufficiency, 16 MAY

Iraq confirms its keenness to achieve energy self-sufficiency

Economy News – Baghdad

Today, Wednesday, Prime Minister Muhammad Shiaa Al-Sudani affirmed the government’s keenness to implement its executive approach within the axis of achieving energy self-sufficiency, while indicating that the memorandums of understanding that were signed during his visit to the United States of America last April are being implemented on the ground.

The Prime Minister’s Media Office stated in a statement received by Al-Iqtisad News, “Al-Sudani received the US Assistant Secretary of State for Energy Resources Affairs, Jeffrey Payette, in the presence of the US Ambassador to Iraq,” noting that “the most prominent files of cooperation in the field of energy, in all its forms, were reviewed.” And ways to develop it, in a way that contributes to achieving common interests.”

During the meeting, the Prime Minister stressed, “The government’s keenness to implement its executive approach within the axis of achieving energy self-sufficiency, in the areas of exploiting locally produced natural and associated gas, generating electricity, providing petroleum derivatives, and producing chemical fertilizers and petrochemical materials,” explaining that the memorandums of understanding that were signed during His visit to the United States of America last April is being implemented on the ground.”

Al-Sudani pointed to “the government’s efforts and steps in the field of economic and financial reform, especially in the areas of tax, customs, and the banking sector, and completing the elements of the ideal investment environment,” calling on “American companies to work and invest in Iraq.”

For his part, Payet praised “the efforts of the Iraqi government to develop the energy sector,” pointing to “the joint statement of the Prime Minister and US President Joseph Biden, which represents a road map and framework for fruitful work and cooperation.”

He stressed “the desire of American companies to invest and expand their activities inside Iraq.”


Views 89

Added 05/15/2024 – 2:45 PM

https://economy-news.net/content.php?id=43453


FIREFLY: Iraq is starting a policy to monitor the difference in the dollar rate official versus the black market to the dinar, 26 NOV

  Frank26      [Iraq boots-on-the-ground report]    FIREFLY : Big news on television... Iraq is starting a policy to monitor the difference ...