Monday, May 27, 2024
Al-Sudani To Plasschaert: The Request To End The Work Of The UNAMI Mission Comes Based On Political Stability In Iraq, 27 MAY
Al-Sudani To Plasschaert: The Request To End The Work Of The UNAMI Mission Comes Based On Political Stability In Iraq
Political | 11:41 - 05/26/2024 Today, Sunday, Prime Minister Muhammad Shiaa Al-Sudani stressed to the Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine-Plasschaert, that the request to end the work of the UNAMI mission comes based on political stability in Iraq.
The Prime Minister's Media Office stated in a statement received by Mawazine News, "Al-Sudani received Plasschaert on the occasion of the end of her work duties, and during the meeting, he expressed the government's appreciation to Plasschaert for her efforts throughout her work in Iraq."
Al-Sudani stated, “The request to end the work of the UNAMI mission comes based on the political and security stability that Iraq is witnessing, and the progress it has achieved in several areas,” noting that “the Iraqi government continues to cooperate with international agencies affiliated with the United Nations, in accordance with the government program.” And its development goals at all levels and fields, especially with the progress achieved in the areas of economic reform and infrastructure reconstruction, and the growing capabilities of our various types of armed forces.”
For her part, Plasschaert renewed her praise for the important steps and promising initiatives presented by Iraq during the last eighteen months, especially in the areas of service provision, infrastructure reconstruction, investment, plans to mitigate environmental impacts, and reduce dependence on imported fuel. https://www.mawazin.net/Details.aspx?jimare=248651
"WE BEGIN THE PROCESS OF IMPLEMENTING THE QFS" BY GOLDILOCKS, 27 MAY
GOLDILOCKS
Tomorrow, MICA (Global Regulations) are done. Then, we begin the process of implementing the QFS. It will not be done in one day, but the process begins.
© Goldilocks
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Goldilocks
“A Bank just told us they are going to move onto the QFS. First action date: June 21, 2024 before 3:00 p.m. MT. Second action date: June 24, 2024 for the remaining steps. It is important to note that this is just one bank’s timeline, but I can’t help from notice that this one is before the June 30th, 2024 lawsthat are taking effect on Crypto regulations and Stable Coins at the end of the month.”
https://dinarevaluation.blogspot.com/2024/05/this-bank-just-told-us-about-when-they.html
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GOLDILOCKS
HKMA Announcement:
"HKMA Updates Social Performance Module (SPM) to Drive Banking Sector Upskilling"
We have recently been talking about many banks going through logistics training and especially in their foreign currency exchange departments.
Here, we have a report that Hong Kong is Upskilling their banking practitioners.
Part of the reskilling of their banking employees deals with The Exchange Stabilization Fund. The ESF deals with three types of assets:
* The US Dollar
* Foreign Currencies
* Special Drawing Rights
The SDR is an international reserve asset. It is created by the International Monetary Fund. This particular asset class is a transitional currency. It will help stabilize and redistribute monetary volumes and access expansion to various currencies to aid in the process of moving from a World Reserve Asset to a local currency regimen backed by gold.
This process will begin to create price pressures on global currencies. Credit valuation adjustments will be a part of this process.
As of August 2023, the SDR basket of currencies consist of the following percentages:
* US dollar: 43.38
* Euro: 29.31
* Chinese yuan: 12.28
* Japanese yen: 7.59
* British pound sterling: 7.44
These percentages will shift during the transition as new alliances have been formed the last few years through new trading partners. Don't be surprised if we do not see a digital currency added to this list.
Hong Kong is an open market economy driven by supply and demand. Currently, the United States dollar is their main asset to drive their Market, but a shift change to a gold backed regimen will immediately change everything for Hong Kong and those who trade with them which is many countries.
Hong Kong has been through several digital pilot programs and completed many of their projects. They are well equipped for the new shift in our economy.
China is currently driving the gold market to new highs along with new BRICS Nations. These changes will come at a heavy price on the US Dollars' performance.
We are in a transition that has taken a lot of time, but the shifts to the global economy are beginning to take a different shape.
Gold will set us free.
© Goldilocks
https://www.investopedia.com/terms/o/open-market.asp
https://www.hkma.gov.hk/eng/key-functions/money/linked-exchange-rate-system/how-does-the-lers-work/#:~:text=Under%20the%20Currency%20Board%20system,at%20a%20fixed%20exchange%20rate.
https://www.linkedin.com/company/hong-kong-monetary-authority
https://home.treasury.gov/policy-issues/international/exchange-stabilization-fund#:~:text=The%20Exchange%20Stabilization%20Fund%20(ESF,by%20the%20International%20Monetary%20Fund.
https://www.regulationasia.com/hkma-updates-spm-module-to-drive-banking-sector-upskilling
https://dinarevaluation.blogspot.com/2024/05/about-hkma-announcement-by-goldilocks.html
Increase In Sales Of The Iraqi Central Bank At The Dollar Auction, 27 MAY
Increase In Sales Of The Iraqi Central Bank At The Dollar Auction
Time: 05/26/2024 13:58:24 Read: 676 times {Economic: Al-Furat News} Sales of the Central Bank of Iraq increased today, Sunday, compared to sales last Thursday, which during its auction for buying and selling US dollars amounted to 277 million.
Today, during its auction for buying and selling the US dollar, the Central Bank sold 281 million, 212 thousand and 839 dollars, which the bank covered at a base exchange rate of 1,310 dinars, for documentary credits and international settlements for electronic cards, at a price of 1,310 dinars per dollar for external transfers, and at a price of 1,305 dinars per dollar in cash.
Most of the bank’s dollar sales went to strengthening balances abroad in the form of (transfers, credits) which amounted to 256 million 72 thousand and 839 dollars, an increase of 90% over cash sales amounting to 25 million 140 thousand dollars. LINK
"ABOUT THE IRAQ PARALLEL MARKET" BY REINALDO JC, 27 MAY
REINALDO JC
The Iraq Parallel (black) Market & The Govt Official Price Are Currently Align, Equal To Each Other Today!!!
(they are further along with what’s happening inside of Iraq than what the news journal articles are reporting)-imo
*Dinar Rate Change is INEVITABLE
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🇮🇶Iraq Scripted Show🇮🇶
Iraq Council of Ministers Did Approved/Amend The 2024 Federal Budget During The “extraordinary session” & Will Send It To Parliament “Within a Week”.
However Parliament Might Need An Extra “2-4 Weeks” To Approve It.👇🏾
Remember Sudani Gov’t Is Buying Time As (HOR)Parliament CANNOT Approve A Damn Thing From The 2024 Budget Without The DINAR RATE CHANGED To Give Actual Figures To The House Of Representative(HOR) For Approval.
💥💥As Ariel
@Prolotario1
Mentioned To Me ~ It's The Parallel Market That Is The FOCUS & Once It Reaches The Official Price Then We Will See The Moves Necessary For Everything Else To Fall in Place. ⬇️
(i wonder if the the now deceased Iranian President Raisi had his hands in or anything to do with the parallel/black market)🫣
*ONLY A SELECT FEW KNOWS THE EXACT DATE & TIME OF THE IRAQ DINAR REINSTATEMENT!!! THE DATE IS SET imo- #weareclose
🗣️…LFG🔥🔥🔥
9:14 AM · May 20, 2024 https://x.com/smoothrey/status/1792544353904128404?s=46&t=CS6-i2hF8lyfSpP5nwHWvw
https://dinarevaluation.blogspot.com/2024/05/iraq-scripted-show-by-reinaldo-jc-20-may.html