Is Market Crash Start Of Bigger ‘Contagion’? | Ran Neuner

IMPORTANT IRAQ NEWS: AN ECONOMIST LIKELY TO EASE THE SANCTIONS IMPOSED ON IRAQI BANKS BY MNT GOAT, 8 AUGUST

AN ECONOMIST LIKELY TO EASE THE SANCTIONS IMPOSED ON IRAQI BANKS

Today, Friday, economic affairs researcher Safwan Qusay suggested easing the sanctions imposed on Iraqi banks and making them financial only.

Qusay told Al Mada, “The Central Bank has contracted with an international company (K2) for the purpose of auditing banks that have restricted access to the dollar in previous periods, so that these banks can learn how to comply with international requirements.”

He added, “Everyone is keen on the process of stopping the use of Iraqi banks for the purpose of money laundering. The private Iraqi banks are not the owners of corrupt money, but rather there are those who acquire the Iraqi dinar illegally and are trying to use the banks for the purpose of money laundering and smuggling hard currency.”

Qusay continued, “As for the restricted banks, they will be rehabilitated through merger, mitigation of these penalties, or making them financial penalties during the coming periods.”

(I don’t believe this for one second…..! ☹)

RV UPDATE BY TEXAS SNAKE, 8 AUGUST

 TEXAS SNAKE

Things are in positive motion folks hang in there, NDA's are the issue at present for status of our benefits to be realized but it is days not months

---

TEXAS SNAKE

More positive steps forward today but the NDA's are really reducing our info, but we are closer.

---

TEXAS SNAKE

Texas Snake, [07/20/2024, 7:09:56 p. m.]:

I am very much looking forward to a phone call at the end of our church Bible study class in the morning based upon all the issues I have had presented to me today, hopefully the banker will finally have a window with a specific date.

Texas Snake, [07/20/2024, 9:08:21 p. m.]:

Text just recv'd from banker indicating the anticipated message may come in a little later in the day but he would advise ASAP after he gets it.

Everyone please remember our Sunday is there Monday

Texas Snake, [07/21/2024, 10:04:04 p. m.]:

Well folks the bankers message at 10:12 this morning was that all things seem to be coming together but at present he had no final commitment, he just text me that he anticipates further word in the next day or two.  Will keep you informed as I receive further details.

Texas Snake, [07/22/2024, 9:02:02 p. m.]:

The banker is traveling back to Texas on Wednesday and is hopeful for a Thursday announcement with appointment scheduling to follow thru the weekend, we shall see

Texas Snake, [08/02/2024, 7:38:01 p. m.]:

Well folks never have suggested dates or rates but I am really looking forward to this weekend.  GOD Bless everyone

Texas Snake, [08/02/2024, 9:47:57 p. m.]:

Well folks things are looking better and better for us, say your prayers and praise our abilities to truly make a difference.......

Texas Snake, [08/03/2024, 7:12:43 p. m.]:

It is presently 3:10 AM in Bagdad Monday morning and additional info is coming forward over and above what was shared on the Conf Call I was included in last night.  Still very encouraged about tomorrow in US as well as this coming week.

---

TEXAS SNAKE

Well folks never have suggested dates or rates but I am really looking forward to this weekend.  GOD Bless everyone

I am waiting on a CC but you are welcome to add ypur views

TEXAS SNAKE

Texas Snake, [07/31/2024, 8:12:51 p. m.]:

While I was advised about this time yesterday that an announcement at midnight EDT we would be advised the RV would begin, this info could not be confirmed so I didn't share.  As usual no such announcement was forthcoming.

  All I can say folks all provisions for RV exchanges are completed relative to those trained to complete the exchanges and we continue to move forward.  

We are closer each day so stay strong and continue to pray this..FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/rv-update-by-texas-snake-2-august.html

LAST REPORTS OF TEXAS SNAKE: 

RV UPDATE BY TEXAS SNAKE, 2 AUGUST

https://dinarevaluation.blogspot.com/2024/08/rv-update-by-texas-snake-2-august.html 

"WE ARE CLOSER EACH DAY" BY TEXAS SNAKE, 1 AUGUST

https://dinarevaluation.blogspot.com/2024/08/we-are-closer-each-day-by-texas-snake-1.html 

RV UPDATE BY TEXAS SNAKE, 23 JULY

https://dinarevaluation.blogspot.com/2024/07/rv-update-by-texas-snake-23-july.html

Iraqi Dinar News Today - Why Recent US Treasury Moves Are Great News for...

IMPORTANT IRAQ NEWS: WILL BANKING REFORMS SOLVE OR DEEPEN IRAQ’S ECONOMIC CRISIS? BY MNT GOAT, 8 AUGUST

WILL BANKING REFORMS SOLVE OR DEEPEN IRAQ’S ECONOMIC CRISIS?

Will reforming the banking system change the fate of the Iraqi economy?

The financial advisor to the Iraqi Prime Minister, Dr. Mazhar Mohammed Salih, confirmed that reforming the banking system is one of the most important priorities of the government’s program, given its significant positive impact on various aspects of the Iraqi economy.

Saleh explained in his statements to “Al-Sabah”  that the government’s vision for economic reform focuses largely on improving the banking system, noting that the first steps of this reform have begun through Rafidain Bank.

Saleh explained that the government banking sector currently dominates more than 85% of the banking system’s assets in Iraq, noting that banking operations and activities of this sector represent almost the same percentage of the total deposits and bank credit in the country. This dominance reflects the size of the government banking sector’s great influence on the banking system as a whole.

In conclusion, Saleh stressed that the government is committed to implementing further banking reforms to improve economic performance and enhance financial stability in Iraq, a necessary step to support economic growth and achieve sustainable development.

IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 8 AUGUST

  Frank26  

 [Iraq boots-on-the-ground report]   

FIREFLY:Bank friend saying all of this [US Treasury involved with Iraqi banks] would not be happening right now.  All this would not cause our rate to be changing. It would be staying at 1310.  Or if we were lopping none of this would be necessary.   It is insane that we are seeing this because a change to the rate is coming.  The auctions are down to one bank and it was only around 7 million.  You cannot run a country off of that.  The auctions are being shut down.  

FRANK:  That's beautiful news.

 FIREFLY:Iran has been using some of Iraq's banks to get around the sanctions and to profit off of the dollar.   Now the US Treasury is here and stopping it.  FRANK:  Yeah, they are extremely angry because they lost their sugar daddy.  They lost the CBI auctions...They will figure out other ways to steal... The power of the corrupt political people in your country is being suffocated.  That power is dying.  It is going from those corrupt people back to you Iraqi citizens through a monetary reform that will give you purchasing power..

Jon Dowling & SG Anon Discuss Nesara Gesara Latest Updates August 2024