Saturday, June 8, 2024
CBI reports over 1$ billion in weekly hard currency sales, 8 JUNE
CBI reports over 1$ billion in weekly hard currency sales
Foreign exchange transactions during the week amounted to $1,062,804,964 to boost international trade. The cash sales reached $93,105,000. The selling rate for documentary credits and international settlements via electronic cards was 1305 Iraqi dinars per dollar, while the rate for foreign transfers and cash sales stood at 1310 dinars per dollar.
"SAUDI ARABIA JOINS CHINA & UAE IN DGITAL CURRENCY PROJECT" BY GOLDILOCKS, 8 JUNE
GOLDILOCKS
Saudi Arabia joins China and UAE in digital currency project. The kingdom is joining the Switzerland-based Bank for International Settlements’ central bank digital currency platform.” Saudi Arabia is the latest country to join this multi-country initiative utilizing wCBDC as a form of payment. This announcement came on Wednesday as Saudi Arabia joined Project mBridge as a “full participant.
” This means that Saudi Arabia will be moving to a wCBDC payment regimen joining many countries in the Eastern half of our world in payments through local currencies. This will significantly minimize the use of the Petro Dollar if not completely over time. Currently, Saudi Arabia still services the United States along with China who uses the Petro Yuan to trade in oil agreements.
This will level the playing field a great deal in the use of currencies moving from a Petro Dollar regimen to wCBDC payment source. Remember, well over 80% of trade around the world is done on the water where exchange rate quotas and percentages are currently under pressure from new demands on local currencies to begin looking at resetting their prices.
WATCH THE WATER.
© Goldilocks
https://www.al-monitor.com/originals/2024/06/saudi-arabia-joins-china-and-uae-digital-currency-project#ixzz8cNJfiONL https://www.state.gov/u-s-relations-with-saudi-arabia/#:~:text=The%20United%20States%20is%20Saudi,oil%20to%20the%20U.S.
"THE MONETARY REFORM IS TRAVELING AT A FASTER PACE!!!" BY FRANK26, 8 JUNE
KTFA
FRANK26:"THE MONETARY REFORM IS TRAVELING AT A FASTER PACE!!!"............F26
Adviser to Sudanese: Implementing the budget schedule instructions will not take long, and amendments may be made to them
6/7/2024
Saleh told {Al-Furat News} agency, “I do not think that the instructions for implementing the federal general budget, according to the financial schedules related to the fiscal year 2024, which were recently approved by the House of Representatives, will take a long time to be issued.”
He noted that “the basic instructions for implementing the budget that were issued regarding the tripartite budget issued under Law No. 13 of 2023 and currently in effect, are sufficient and effective, but perhaps there are some adaptations that require some amendments or additions to the instructions in force and in accordance with the requirements of the country’s financial situation, which is a matter.” Facilitator at the Federal Ministries of Finance and Planning.”
On June 3, the House of Representatives voted to approve the schedules of the Federal General Budget Law 2024 after making amendments to a number of expenditure schedules and financial allocations for the development of the governorates.
The total financial budget amounted to 211.9 trillion dinars, equivalent to more than 153 billion dollars, an increase of 7% over the current year’s budget, and employee salaries, including 62 trillion dinars, a significant difference from last year, which amounted to about 59 trillion dinars.
The general revenues of the Iraqi state, according to the budget, amount to about 145 trillion dinars, which means recording a deficit of 66 trillion. The government says it will reduce the difference in the deficit from high oil prices.
One of the most prominent amendments to the current budget that was subject to scrutiny in Parliament’s Finance Committee is granting the government the authority to transfer funds between ministries, as well as various investment amounts for service and infrastructure projects throughout the country’s cities.
It became clear that the cost of public operating spending in the country had increased, as total employee salaries rose from 59.2 to 63.4 trillion dinars, an increase of 4.2 trillion dinars, and the costs of government care and subsidies increased from 24.5 to 26.9 trillion dinars, an increase of 2.4 trillion dinars.
Ragheed
JUDY NOTES, 8 JUNE
Judy Note:
On Thurs. 6 June 2024 the Chinese Elders authorized start of the Global Currency Reset payment process for Tier4b (Us, the Internet Group), the results of which wiped out the US National Debt – a good thing because on Fri. 7 June 2024 the Deep State US Inc. government ran out of money and 63 of the Deep State US banks were declared insolvent with Petrodollar Contracts expiring on Sun. 9 June.
- On Sun. 9 June 2024 Petrodollar Contracts expire and according to Janet Yellen, the US Government runs out of money, while 63 US banks will be declared insolvent, though the National Debt was strangely wiped out to zero on Fri. 7 June 2024.
If you were reading this Update on, or from the Operation Disclosure Official Website, be aware that the information has been redacted. For a complete un-redacted version, see a PDF copy at the end of operationdisclosureofficial.com, or read un-redacted versions on the The Rumor Mill News Reading Room – Breaking Stories, American Media Group (amg-news.com) and https://theusmilitarynews.com/Websites, or listen to a video of the Update by We The People NEWS (rumble.com).
Timing
- As of Thurs. 30 May 2024 any US State could legally obtain their own gold backed currency and bypass the Federal Reserve.
- As of Sat. 1 June 2024 International World Trade was using the new Iraqi Dinar Rate in the trade of international goods.
- On Mon. Evening 3 June 2024 the Iraqi Parliament finally passed their budget with the new Iraqi Dinar International Rate in it.
- On Tues. 4 June large bondholder paymasters were in Reno to begin exchanging their bond portfolios over the next 24 to 48 hour window.
- On Wed. 5 June 2024 the shotgun was fired, authorizing liquidity of the bond payments of CMKX that opened the RV/GCR; the General of Brazil authorized release of funds to Brazil and San Paulo started to release funds. The Iraqi Parliament sent the budget with the new Iraqi Dinar Rate in it to the Gazette to be published presumably by Sat. 8 June.
- On Thurs. 6 June 2024 the Chinese Elders authorized start of the payment process for Tier4b (Us, the Internet Group). The International Beneficiary Commission authorized some in Tier4b to receive notification. Brazil began sending out notification and setting exchange appointments. A group in Zurich and another group in Brazil went liquid. The BRICS Alliance began Summit meetings in Russia.
- On Fri. 7 June 2024 the US Government ran out of money and declared 63 banks insolvent according to Janet Yellen. Bonds started becoming liquid.
- On Sat. 8 June 2024 the new International Dinar Rate will be official as it is published in the Iraqi Gazette and announced in the Mosques – which will officially begin the Global Currency Reset of 209 countries.
- On Sun. 9 June 2024 RV funds for Bond Holders and Tier4b will be moving into their positions for payout. On that same Sun. 9 June look for a Black Swan Event as the Petrodollar ends = collapse of the Global Financial System. …The 17th Letter (JFK Jr.) and JFK Jr. Official on Telegram https://t.me/jfk_jr_officialchannel
- On Sun. night or Mon. morning 10 June 2024 notifications for Tier4b could possibly come out.
- On Mon. morning 10 June 2024 Bond Holders and Tier4b should have access to their funds with Tier4b appointments starting soon thereafter.
- On Tues. or Wed. 11, 12 June 2024 a Worldwide Economic Collapse was expected to begin.
- On Sat. 15 June 15 any bank not Basel 3 compliant would be closed.
Al-Sudani: Iraq must always be at the forefront, 27 nov
Al-Sudani: Iraq must always be at the forefront Prime Minister Mohammed Shia al-Sudani said today, Sunday, November 24, 2024, that: "...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...