"ALSO ACCOMPANIED BY A MILITARY ENTOURAGE... WHY? BY FRANK26, 22 JULY

KTFA

FRANK26: "ALSO ACCOMPANIED BY A MILITARY ENTOURAGE... WHY?"................F26

Source: Iraq's Central Bank Governor in unannounced visit to US to discuss Yuan ban

 

7/13/2024

 

Iraq's Central Bank Governor, Ali al-Allaq, is currently on an unannounced visit to the United States to discuss the Federal Reserve's decision to halt Baghdad's dealings in Chinese yuan, informed sources revealed on Saturday.

Sources told Shafaq News Agency that al-Allaq departed for Washington last Tuesday to meet with officials from the Federal Reserve and the US Treasury Department.

Al-Allaq's discussions with US officials focus on the recent decision to stop Iraq's transactions in Chinese yuan, the sources said. Additionally, the governor is addressing the requirements related to Iraqi banks that have been restricted from dealing in US dollars during his visit.

According to sources, Iraq has decided to cease using the Chinese yuan for financial transactions following a directive from the US Federal Reserve, citing concerns over potential manipulation and transaction irregularities.

Iraq had been leveraging yuan-denominated assets through the Singaporean Development Bank to facilitate trade and imports with China, amounting to about $12 billion annually.

LINK

 

BRUCE BIG CALL SPECIAL ADDENDUM , 22 JULY

 BRUCE BIG CALL SPECIAL ADDENDUM  

FRIDAY, JULY 19, 2024:  

Hi Everyone - We are adding extra intel to yesterday's intel.  Yesterday, we heard we would get notifications and release of everything after President Trump received the nomination for President during the Republican National Convention.  So, that occurred, but now,  this is NEW INTEL FOR YOU:  

. He had a good speech -  it went long, but at the very end, there was a balloon release of tons and tons of gold balloons, I did not stick around to see it, but it was at the end of his speech. 

I got all he had said up to that point, and I heard things I had heard before. However, our source has told us that the gold balloons are symbolic in two ways:  1) release was indicative that all the funds that we were expecting, bondholders, and intermediaries expecting, were released at the time of balloon release.  So that was a big symbolic release. The fact that those balloons were gold was indicative that we are back to the gold standard. 

  For our start, our source tells us is that we should get notified and prepared for exchanges on Saturday or Monday.  Today is Friday afternoon. 

 I apologize that the recording did not properly turn off last night, but the gist of the info is that all is ready for us to go and we did get the symbolic release with the gold balloons at the Republican National Convention, indicative that funds are released for everybody, like bondholders, everyone not yet paid out. 

It is unusual for me to do a recording on a Friday, but this is one of the things that happened on the call  Thank you for tuning in for the added recording and hopefully this answers questions for everyone.  Hopefully, we will get in touch with you by email and hopefully, this addendum will be our last call. Have a great call. God bless you.

DINAR INVESTORS: Committee Reviewing Budget / Parliament Session

Parliamentary Committee Calls for Substantial Amendments to Investment Law to Attract Foreign Investments, 22 JULY

  The Iraqi Parliamentary Committee on Economy and Development called on the Iraqi government to make amendments to 12 paragraphs of the current investment law, with the aim of improving the investment environment and attracting foreign investments to the country.

The committee chairman, Hassan Al-Khafaji, explained that the committee discussed with the relevant parties, including university deans and the National Investment Commission, ways to improve the Iraqi investment law.

l-Khafaji stated that the committee was able to obtain the government’s approval to amend 4 out of 12 articles that were proposed, but he considered that the amendments that were approved “are still below the required level.”

Among the most important points discussed by the committee was one related to investment opportunities that investors obtain. Al-Khafaji pointed out that some unsound companies exploit these opportunities, which leads to the flight of capital and the disruption of projects.

Al-Khafaji stressed that the committee is striving to change this paragraph of the law, to ensure that serious investors have real opportunities to invest in Iraq.

In addition to the amendments to the investment law, the committee also discussed several other economic laws, including laws to combat price increases and open new cities.

These efforts by the committee come within the framework of its efforts to improve the Iraqi economy and attract foreign investments, which will create new job opportunities and improve the standard of living of citizens.  link

RV UPDATE BY ARIEL, 22 JULY

 ARIEL

Ariel

@Prolotario1

People are you paying attention? You were told the credits will start to roll on July 18th for good reason ofcourse. Because people on the inside have had briefings on these events prior to it becoming headlines.

 Ask yourself why are all these events occurring right after D. Trump received those Security Briefings yesterday? 

Grounded Flights worldwide. Bank Runs Worldwide. ATM Outgages Worldwide. This is all leading to the conclusion of this long arduous operation. You never thought you would wake up and read all of this in one broad stroke across the main feed as all of this wasn't expected until later in the year by many people.

 You all entered a new timeline and now you are seeing swift results of that play out in the real-world. 

All of this that is happening today was talked about for years prior to the reinstatement of the Iraqi Dinar. 

Because the World Bank even said that the Iraqi currency will bring confidence back into the international markets.

 Well the only way that would happen if people lost enough trust in it and started pulling out money out of sheer panic right? Now they are in final talks to rejoin the WTO and release the new exchange rate to bring their country back to 1st world status. Which is why I listed this as one of the events occurring on July 18th.

 Where I told you everything will start. You do not have long to wait at all. You are where you need to be in this process.

DINAR INVESTORS: Delete 000's Explanation

Rafidain Bank Announces The Implementation Of The Comprehensive Banking System In 33 Of Its Branches, 22 JULY

Friday 19 July 2024 09:24 | Economic  Baghdad / NINA / Rafidain Bank announced the implementation of the comprehensive banking system in Al-Nour branch in Kirkuk, indicating that the number of branches in which the comprehensive banking system was implemented reached 33 branches.

It said in a statement that "in implementation of the government program to move from paper transactions to electronic ones to provide the best services to citizens, Rafidain Bank announces the implementation of the comprehensive banking system in Al-Nour branch in Kirkuk, thus joining the branches in which the comprehensive system was activated in Baghdad and the governorates in addition to the border crossing branches (Zurbatiya - Safwan - Arar - Trebil) so that the number of branches that have implemented and completed the system becomes (33) branches in an important step to strengthen the banking system and achieve its requirements and leave paper work and move completely to electronic systems."

The bank confirmed that "the digital transformation plan and the adoption of the comprehensive banking system are proceeding according to the set timings to include all bank branches in the implementation of the system, especially since the priorities and adoptions of the government program include electronic transformation in financial transactions, reducing the circles of routine for citizens, shortening time, simplifying procedures, overcoming obstacles, and intensifying efforts to improve the level of services provided to customers and completing their transactions." https://ninanews.com/Website/News/Details?key=1142195