Monday, July 22, 2024
"ALSO ACCOMPANIED BY A MILITARY ENTOURAGE... WHY? BY FRANK26, 22 JULY
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.
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.
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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...