Thursday, June 13, 2024
World Bank predicts modest economic growth for MENA in 2024, 2025, 13 June
World Bank predicts modest economic growth for MENA in 2024, 2025
Shafaq News/ The World Bank predicts a 2.8% growth rate in the Middle East and North Africa (MENA) region in 2024, rising to 4.2% by 2025.
This predicted gain is linked to a gradual increase in oil output and stronger economic activity beginning in the fourth quarter of 2024.
The 2024 predictions are lower than those made in January, reflecting the impact of protracted oil production cuts and continued regional conflicts, according to the most recent edition of the World Bank's Global Economic Prospects report.
Non-oil activities are predicted to sustain growth in Saudi Arabia in 2024, followed by a gradual restoration of oil activity in 2025.
For oil-exporting countries outside the Gulf Cooperation Council, the anticipated rebound in the oil sector in 2025 is expected to boost growth in Algeria and Iraq.
Oil-importing countries' growth is expected to accelerate to 2.9% in 2024, followed by a 4% annual growth rate in 2025-2026.
Egypt's growth is expected to accelerate as a result of increasing investment, which will be aided in part by the large contract with UAE.
Jordan's growth rate is expected to stay constant, however tourism-related industries may suffer short-term hurdles.
Tunisia's growth is predicted to rebound, while Djibouti and Morocco's economies are expected to contract in 2024.
The economy of the West Bank and Gaza is expected to fall by at least 6.5%, with a potential contraction of up to 9.4% in 2024.
Syria and Yemen's prognosis remains grim and uncertain due to protracted hostilities, domestic unrest, and Red Sea tensions.
SUMMARY OF HELPFUL CONVERSATIONS FROM GINGER TELEGRAM ROOM, 13 JUNE
π’ Super helpful conversation with one of my besties. The Event π₯ππ₯ππ₯
π’ Sweetpea, Liberty Lounger Extraordinaire: Yes friend… Yes!! I so appreciate you! I’m very hopeful that this will be super soon but I’m in full agreement with you . And these markers really could all go within a very short time of one another . It seems the banking side is all systems go … now we wait on the political… and spiritual . God is doing a great thing π₯π₯π₯π₯π₯π₯ππππππ
π’ Ginger: Yes! Yes!! Yes!!! Friendly reminder -- do you recall when the Celestial Alliance explained to us that WHEN critical phase was reached, it would happen super fast. Literally - Boom, Boom, Boom π₯π₯π₯ - and done.
And another reminder. Biden does NOT have to "be gone" days or weeks before the Camper Event. That tired narrative is fake news. He could honestly be taken out hours before The Event or minutes to hours immediately after. He could literally be hauled off, eliminated - or whatever their exit-stage-left excuse is gonna be WHILE y'all are making your redemption appointments. We were told to tell you - "Do Not Blink, because you might miss something! πππ" It'll happen that fast. Be ready for it.
Hope this helps.
π To learn more, listen to Chronicles of an Ambassador, Part 6. Pretty sure we covered this conversation there. ππ
~ Ginger of the Liberty Lounge, Ambassador for God's Abundance with the Celestial Alliance 5.11.24
https://dinarevaluation.blogspot.com/2024/06/it-seems-banking-side-is-all-systems-go.html
----
Meaningful conversation in GLL Chat regarding incoming "Scare Event". Meri17, Liberty Lounger Extraordinaire sets the stage: 6.7.24 π₯ππ₯⬇️
π’Meri: Scare event appears to finally be incoming.
We’ve said on many occasions that most won’t recognize it when it starts and this is seriously freaking people out.
If you look around, many systems are having issues today, from internet and cell service to delivery services and flights.
Things do appear to be in motion or very closeπππ
π’Kelli: BIG US Bank issue right now. AI has taken over the bank by internally overwriting internal loops and has locked out all permissions for anyone to unlock. Now they are afraid that money transfers are going to carry the AI to other banks like a virus.
One of our friends has a wife who is high up in US Bank. They took all their money out this morning and everybody is being asked not to do electronic transfers of funds.
π¨ Another story caught our attention:
π’TonyaK: My husband is at the bank now. His payroll check and others from the EACS District are still in a pending status.
The payroll is always deposited on Thursday. They are not wanting to release his money. He also has a huge check that was deposited nearly two weeks ago from the sale of a house and they show the money in his account but are refusing to release it. Something is going on.
https://dinarevaluation.blogspot.com/2024/06/about-many-systems-are-having-issues.html
Iraqi PM vows action on energy crisis, sacks underperforming officials, 13 JUNE
Iraqi PM vows action on energy crisis, sacks underperforming officials
Shafaq News/ Iraqi Prime Minister Mohammed Shia al-Sudani on Wednesday pledged a large-scale overhaul of the country's energy sector, vowing to secure fuel supplies, root out inefficiency, and explore renewable energy solutions.
Al-Sudani, according to a readout issued by his bureau, chaired a meeting with representatives of the electricity and oil ministry, for talks on addressing Iraq's chronic power shortages.
The premier, according to the statement, issued a set of measures to secure fuel for power plants and continue supporting private generators during summer.
Al-Sudani dismissed "engineering and technical leaders who failed in their duties," promising a major crackdown on mismanagement in the electricity sector.
He also vowed to combat corruption in oil ministry projects and expedite promising power generation projects. A dedicated team within his office will spearhead the transition of government buildings to solar power, while regional cooperation on interconnectivity projects will continue, according to the statement.
Many households subscribe to neighbourhood generators for emergency supplies, if they can afford it, as the country suffers regular outages during the summer.
Protests over unreliable power supplies have been common in Iraq, with the most recent taking place earlier this month.
In addition to importing electricity from neighbouring countries like Iran, the government has been expanding its electricity generation capacity. But ministry figures say it still lacks the capacity to meet an estimated demand of 32,000 megawatts a day in the country.
Last year, Iraq signed a $27bn agreement with France's TotalEnergies, the largest foreign investment in Iraq’s history, to generate power using natural gas.
Many hope the deal will help resolve the country’s longstanding energy woes, attract international investors and reduce its reliance on imports.
"RV UPDATE" BY JON DOWLING, 13 JUNE
JON DOWLING
Maliki’s about to drop some bombs today that will really stir the hornets nets.
Could this be the final move before Israel makes their strike?
We shall see. Let’s watch the Fed today for announcement of rate cuts as well with the CPI now surpassing expectations.
@JonDowling
-----
JON DOWLING
Folks, Iraq has done the work. They just stopped two hundred companies from currency auctions without notice. They are ready to RI.
We’re just waiting on Israel, who is dealing with Syria and other factions. Next their attention will turn to Iran. Be blessed and ignore the haters doubters and deniers. They will be silenced soon! They will eat their words in regret.
@Jon Dowling
-----
JON DOWLING
Bella Rose, [2 090 vistas, 05/28/2024, 11:38:50 a. m.]
Iraq continues to move forward with big happenings. We need to keep hearing from the ministry of planning, as they’re the ones to set the REAL rate in the private sector!
Ignore this rumor of Iraq making a $100k note. Not true at all. These are haters within Iraq aka Iranian proxies trying to drive people out if the Dinar. Don’t help them. Sane with the loser trolls who can’t stand this is happening and that we are winning. Hold the line everyone! We’re waiting in Israel to do their final part as Iraq is ready to go. The budget is passed and implemented already. They can do this in twenty four hours no problem.
@JonDowling
----
Jon Dowling: Tax cuts, aka income tax removal and debt relief, aka debt forgiveness. Sounds like Gesara and Nesara to me! BRICS getting stronger by the day! Iraq is now in the WTO, they just need to make the official announcement.✅
https://dinarevaluation.blogspot.com/2024/05/rv-update-by-jon-dowling-and-ariel-via.html
---
Everyone’s got their eye on Iraq RI, but that’s not the key. Here are the three key items that matter the most:
1.) XRP winning their case outright and the firing of Gary Gensler at the SEC (who in turn holds a ton of XRP by the way)
2.) the repegging of USTC
3.) then the Dinar and other things to go
Sudani was successful in terms of getting the strategic framework signed last week in DC. He wisely used his leverage to join the BRICS under China and Russia if America didn’t cooperate, which surprise they did.
This week he meets with Erdogan of turkey to sign everything else and move the ball forward. Let’s see how the rest of the aforementioned items play themselves out.
* The Dinar will happen on a religious holiday, but not just any one. It will be a Yeshua Jesus ABBA holiday and nothing else.
@JonDowlng
https://dinarevaluation.blogspot.com/2024/04/everyones-got-their-eye-on-iraq-ri-by.html
EXCERPTS FROM MARKZ, 22 DEC
EXCERPTS FROM MARKZ MZ : Redemption folks are working this weekend. They may just be closing out their wealth management for the year… Memb...
-
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...
-
Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
-
Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...