SANDY INGRAM : IQD Investment Saudi Iraq & US How It All Started #iqd

Central Bank Governor: There Is No Intention To Reconsider The Dollar Exchange Rates And We Are Undergoing A Major Transformation Process, 8 AUGUST

 Time: 08/07/2024 19:26:47 Read: 3,302 times  {Economic: Al-Furat News} Central Bank Governor Ali Al-Alaq ruled out a change in the dollar exchange rates.

 
Al-Alaq said in a press interview with him:
 
- There is no intention to reconsider the dollar exchange rates
 
The Central Bank sells more than $250 million daily at the official price

- The bank covers the requirements of foreign trade, and some do not want fundamentalist methods
 
The view that the price of the dollar has risen or fallen is not a correct indicator
 
We succeeded in controlling inflation compared to other countries
 
- We will reach 100 percent of foreign transfers without going through the US Federal Reserve by the end of this year
 
- The financial situation in Iraq is still proceeding within what is planned in the state’s general budget
 
- For the first time, under the new Budget and Financial Management Law, allocations to governorates and ministries are rotated
 
The Central Bank is undergoing a major transformation by reorganizing foreign trade
 
- Our procedures in foreign trade are conducted for the first time with the involvement of international institutions
 
The presence of small traders outside the system creates pressure on the market and the imminent launch of a mechanism to regulate their trade
 
We focus on getting everyone involved in sound fundamentalist channels
 
- The Central Bank opened channels for Chinese, Turkish, Indian and  Emirati currency
 
- The imminent launch of a new audit mechanism for trade via foreign currencies
 
- All commercial external transfer operations are subject to review by the competent international company
 
- Meetings in New York at the end of August to discuss lifting sanctions on banks and reviewing transfer operations
 
- The dollar is not given to the traveler until after the departure stamp

The new mechanism guarantees 100 percent access of the dollar to the traveler, and we started with it in Baghdad, then Najaf, Basra, Erbil, Sulaymaniyah, and Kirkuk.
 
- A government move to increase capital support for the Real Estate Bank and the Housing Fund in the budget
 
The Bank’s initiatives have an exceptional role in trying to fill the housing deficit
 
- The capital increase paragraph for the Real Estate Bank and the Housing Fund in the budget has not been implemented yet
 
- We do not want bank financing to be a substitute for the investor’s obligations
 
We directed the Real Estate Bank to finance complexes with completion rates of 80 to 90 percent   
 
 https://alforatnews.iq/news/محافظ-البنك-المركزي-لا%C2%A0توجه-لإعادة-النظر-بأسعار-صرف-الدولار-ونخوض-عملية-تحول-كبرى   

Bruce’s Big Call, 8 AUGUST

Bruce’s Big Call Dinar Intel Tuesday Night 8-6-24   REPLAY  LINK     Intel Begins   1:05:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHhoP  

Welcome everybody to the big call. It is Tuesday, August 6th and you're listening to the big call from all over, big call universe, wherever you tuned in. I'm glad that you're here.

All right, let's talk about where we stand right now in terms of the Intel segment, we know that things are happening even in Iraq. For example, today, we found out that the head of the Central Bank of Iraq, Iraq, a l a K, Alak -  resigned today, and we're not quite sure why, but I've got some idea why he might have resigned.

I know that we were, we kind of had yesterday - Oh guys, we could go, but there's one more thing, one more thing. And I thought, Oh no, what is it? Well, from last night until, let's call it late this afternoon, or not even late, until this afternoon, we had an issue, between Iraq  the administration, and that ended up Being a result of them being the administration wanting to have a lower price for contract price of Iraqi oil that was to be sold  - by Iraq  which, which the price was, well, let's just say it was well into the higher Numbers and the contract rate would have been higher for us, and it was  lowered by about 20% to meet the request. 

Well, let's just call it the deep state. So that probably occurred as a temporary fix, but it should have solved the problem between the Iraq and and  the administration  -  so that was something we were anticipating happening, and it did happen, to the point where now I think things can move forward

Now, in addition to that, we had situation where -- a situation that was based on electrical storms and severe thunderstorms in the area that were coming up from Hurricane Debby – from the Florida coast – the  Gulf, and came across Panama, Florida and Georgia. 

And then, skirting the  Carolina, South Carolina got really whacked . And also, I think North Carolina, along the coast is also feeling that, and I don't know where that hurricane is now  the Outer Bands turned off electricity, shut down electricity in South Carolina to where one of the banks of wells, Fargo Bank, could not be connected to the Wells Fargo redemption center, so we had disconnection between those two facilities such that they couldn't communicate rates and screens were down, electricity was down, and I think it electricity came back up late this afternoon, but it did not allow them to get codes entered that they wanted to get entered so they see what was going on with the screen rates.

Now here's situation that was happening – day before yesterday would have been what  Sunday, we had six currencies on the screens lit up with hard rates. In other words, not gray scale, not flickering  rate with hard rates. And then yesterday we had six more currencies on the screens with hard rates, so we went to six to 12 currencies that were visible, and that went up 

And then -  at the redemption center - Actually, this was at the bank, at the lone starville Bank, a code was entered that was that was suggested to be entered by corporate this code was entered, and then all of a sudden, the screens went dark 

I could have told you that news screens would go dark when they sent them that information said, go ahead and enter these codes, because they didn’t  want anybody to remember those grades or to talk about that or look at it again.  They did not want that to happen 

So then today - We were told they put in the safe codes  because they made the screens dark, they would have the screens up at between 930 10 this morning and see the remaining seven currencies that will go up in value, because we have a total of 19 -- 12 and seven is 19. 

So those would have populated. We would have seen those but as a  result of the power outage, the bank was not able to connect with the with the redemption center. I think they just needed the quantum computer to be completely interactive there. So we don't know what happened with those last 7  currencies. 

We think they probably came up, but we just didn't see what they were. We didn't see, we didn't get the words of that happening. So tomorrow is a new day – they will probably try  tomorrow and hopefully those will come up  - Today is the sixth tomorrow is  the seventh, which is Wednesday, Thursday is the eighth. 

All know whose favorite number 8 is. We know China’s  favorite number is eight, the number of new beginnings of financial prosperity. It would not surprise me if our start day is Thursday  and maybe we get notified tomorrow. 

We hope we have heard that we will or that we get notified overnight tonight, but I think it's very possible we get notified set appointments, and maybe we start on Thursday. I'm just saying 8 -  8 - 24, What's two x four? 8 8 8 , right? B I don’t know – Just  saying …… 

Saying it could be, that's what China and the elders want to do. As far as our start, it may be, we just don't know at this point, whether that's going to come into play or not. It would not surprise me, though, so if I get started, today didn't happen.

 Tomorrow is in play. But we haven't heard anybody come in and say that would happen. None of our sources have gotten back to us to say that tomorrow is in play for numbers to come out and for us to serve appointments.

That is very interesting. We know that things are being done behind the scenes or a lot. There's a lot of things happening. We're told to sort of hang in there, stand by it's coming. We've heard all those things before. We've heard them all before. Now it's just a matter of us having faith, believing into this taking place, and just getting the result that we're looking for. So other than that, there's nothing major that I can think of that we have to talk about 

All right, let's do this, you guys. I think we are at the point this was ready to go. 

We had the one more thing yesterday that I believe they solved today. At least, I've heard that that was solved. Other than that, we did hear that. Let me get the dates right on this. I believe it was Saturday. We actually had the Saturday. 

Saturday, we had the RV started, if you will, at 8am the morning with the payout of the CM KX adjudicated settlement, and also with the farm claims, and that night, at 8pm we heard that prosperity packages together. 

Now I think they might have queued us up for that. They have not gone out. They were deciding on Friday, on Saturday, whether those were to go out by direct deposit or hand to hand delivery to the house, to the door to you. And I don't know if they made that decision.

I've been told they have and I've been told they have it. So whichever it is. We don't know which one it is, but if you're in a prosperity package, I'm sure you'll find out. So you're not officially  please that we're going to take it and pile it on at the redemption center after exchanging currencies  and redeeming  Zim.

 But now I'm not sure that they're going that route. They might do a direct deposit into into our bank accounts, or they could still do a hand to hand delivery to us, and we'll find out, but we don't know the answer yet would be, we thought it might start today. We thought it could have started yesterday, but it hadn't started yet. So that's prosperity packages. 

So let's pray the call out. Let's look forward to an exciting week. After all, it is Tuesday, let’s see what the rest of the week has for us, and let's just believe for God to bless us in this way.

All right, everybody, thank you so much for listening. Thank you Sue, thank you Bob, thank you GCK and Pastor Scott, good to have you back. Thank you Pastor as well as Jeannie, thank you for your continued support. And we look forward to this going so let's get this thing, and let's look forward to receiving it in Jesus. name, amen, and amen. And I will turn off the recording. And we will go from there 

UST Taking Over?🚩Historic Bonds Movement: RV Process Has Started🤔Dinar R...

After sanctions.. A new American step towards Iraqi banks, 8 AUGUST

 2024-08-06

After sanctions.. A new American step towards Iraqi banksThe United States of America did not stop at punishing some Iraqi private banks by preventing them from participating in the currency auction held by the Central Bank of Iraq daily to sell the dollar, but the US Treasury Department recently returned and informed it of the need to merge and close some of those banks, thus deciding their fate after many suspicions had been raised about them.

Four Iraqi private banks were subjected to sanctions during the past period, most notably the Middle East Bank owned by businessman Ali Ghulam, who arrived in Iraq on November 19, 2022 and was arrested at Baghdad International Airport, based on an arrest warrant issued against him in accordance with Article 456, and then released on bail.

Informed sources say, “The Iraqi delegation that visited the United States of America a few days ago, headed by Foreign Minister Fuad Hussein, Central Bank Governor Ali Al-Alaq, and Prime Minister’s Advisor Kazim Al-Hassani, discussed with the US Treasury and the Federal Reserve the issue of restricting the dollar from Iraqi banks.”

The sources added that “the US Federal Reserve recently requested from its Iraqi counterpart a plan to reform the banks restricted from using the dollar, which includes closing a number of them and establishing new banks through a coalition of a number of banks among themselves.”

She stressed that “the Federal Bank suggested to its Iraqi counterpart to seek the assistance of an international company to present a broad reform plan for the banking sector, and in the coming months this company will submit its report on the banking sector to the Central Bank and the Iraqi government.”

The sources noted that “the Federal Bank wants to reduce the number of Iraqi banks from 72 to less than 40 banks during the current phase.”

The US Treasury and the US Federal Reserve had previously restricted the dollar’s access to 32 Iraqi private banks, through four stages starting in 2022. The companies restricted from using the dollar in Iraq also reached more than 250 companies, most notably “Fly Baghdad” Airlines.

In turn, a banking official, who refused to reveal his name, explained that “the banking market has become monopolized by five banks, which makes it difficult for other banks to compete with them. Therefore, forming a coalition of five banks, one of which is a foreign bank, will contribute to reducing the monopoly in the banking market and increase competition.”

He stressed that “reforming restricted banks will be through restructuring them, starting with changing ownership, employees, developing risk management departments, combating money laundering and terrorist financing, and others.”

The banking official stresses that “at the end of this year, the Central Bank of Iraq will cancel the dollar transfer platform, and will rely on banks that have intermediary banks. During the coming month of September, a meeting will be held between the Central Bank of Iraq and the Federal Reserve in America, which will include presenting the Central Bank’s plan to reform the sector.”

The United States is working to prevent the Iranian government and private sector companies from using the dollar, so it has begun to restrict its access to some Iraqi banks accused of leaking the dollar.

For his part, economic researcher Mustafa Akram Hantoush believes that “merging banks is a very excellent step, and will contribute to reducing the number of banks operating in the country. Banks that have been in trouble for years must also be closed.”

Hantoush points out that “the Central Bank of Iraq bears part of what happened in the Iraqi banking sector, because it is unable to confront the US Treasury or the Federal Reserve.”

He points out that “there are good banks that have been restricted by the United States of America, and the Central Bank of Iraq must defend them and return them to work because the Iraqi banking sector is being massacred in favor of foreign banks.”

In November 2022, the US Treasury representative met with representatives of 35 Iraqi private banks to warn them of issues of smuggling dollars from Iraq and adhering to instructions regarding hard currency transfers for import purposes, threatening them with sanctions in the event of non-compliance.

It is worth noting that the meeting was held in the absence of the Central Bank of Iraq, and lasted for two hours, according to leaked information.

It is noteworthy that the Iraqi banking sector is also neglected by citizens who have lost confidence in it. According to World Bank figures issued last year, only 23 percent of Iraqi families have an account in a financial institution, which is one of the lowest percentages in the Arab world, especially since the owners of these accounts are government employees whose salaries are distributed to public banks at the end of each month. However, these salaries also do not remain in the accounts for long, as queues quickly form in front of banks from employees who withdraw their salaries in cash and prefer to keep them at home.

burathanews.com

Wed. 7 Aug. 2024 Wolverine Chat, 8 AUGUST

Wed. 7 Aug. 2024 Wolverine Chat

• I want you to get ready as 4B should be commencing by tomorrow (Thurs. 8 Aug. 2024) IMO and hopefully those notifications are coming today or tomorrow. The RV has commenced for bondholders, and Tier4B is on its way very soon.

• THIS came in and I will read it to you: “THE sovereign committee and US federal government have just approved T4A and B payments – this has started Reno, Miami, and other east coast states. I received the confirmation from the Admiral Call Group, and he confirmed it.

• Today (Wed. 7 Aug. 2024) at noon, on the east coast payments were made to groups of small property owners.

• Reno is working on Tier 4 payments also starting at noon.

• They are releasing funds from the 1% to balance the trade balance of bonds. 

• Funds have been released worldwide for the global monetary reset marking the beginning of a new financial era.  

• Banks around the world have signed confidentiality agreements ensuring that the transition will be kept secret until the appropriate time.

• The GCR funds are not flowing from anywhere, they are coming directly from US Treasury Defense operation office  and are earmarked for other nation’s treasury departments.

• Japan has already re-evaluated its currency.

• Brazilian bondholders have begun receiving payments (and that is true).

• In the USA liquidity was promised to bondholders this week.  A promise being fulfilled as we speak.

• Also, I have spoken to someone in my county, and he said that his table is closed. They are now waiting to get the funds released. He is a big Whale in Chile. It is all coming down.

• I received confirmation from various sources from various Whales all confirmed that this is finally happening. Put on your seat belts we will go to warp speed, and we will be celebrating like anything, and many will have tears when this comes.

• This is a process, some start today, some tomorrow, some next week.  My Whale has not received his notification yet, but I know it is coming now that it is released.

• The Yellow Dragon Bonds: People send me messages asking why you are selling the bonds if we are close. When our table gets notifications, we close all operations.  We cannot sell anymore Yellow Dragon Bonds. It is closed.  If we have not yet received notifications, then you can still have the opportunity to get a Yellow Dragon.  At any time now, our Whale will get his notifications and our operation will close immediately.  If anyone needs info let me know and I will give you info on how to obtain a Yellow Dragon Bond. Any time now, our Whale will get his news notification and that operation will be closed immediately.

• Hopefully, tomorrow (Thurs. 8 Aug. 2024), will be the release of the opera.

• I did not get much sleep, have been on a lot of calls. People are elated and even private contracts are being paid as well.

 

PIMPY: Yay gold backed XRP is replacing the Fed Reserve 08/07/24