Sunday, August 11, 2024
Iraq loses $52 billion in foreign investment due to "corruption", 11 AUGUST
On Saturday, the head of the "Iraq Al-Mustaqbal" Foundation concerned with economic affairs, Manar Al-Obaidi, referred to the latest report of the United Nations Development Program, which revealed the exit of more than 5 billion US dollars in foreign direct investments from Iraq in 2023.
The report showed, according to Al-Obaidi, that Iraq lost foreign investments worth more than 52 billion US dollars from 2013 to 2023.
Al-Obaidi stressed, in a statement received by Shafak News Agency, the importance of foreign investments in stimulating economic growth, increasing job opportunities, and transferring knowledge, stressing that foreign investments are an important source of income for funds not linked to state revenues or local investments.
Al-Obaidi identified the main reasons for the exit of these investments from Iraq, which include the deteriorating business environment, lack of transparency, accumulated bureaucracy, and multiple and conflicting decision-making sources, explaining that the lack of clear laws to protect foreign investors’ funds also contributed to this deterioration.
Al-Obaidi described the private sector support programmes as “weak slogans”, pointing out that the totalitarian and socialist thinking is prevalent in government institutions, which has negatively affected the objectives of investment agencies that have focused mainly on local real estate investments rather than in the fields of energy, infrastructure and productive projects.
Al-Ubaidi stressed that the continuation of socialist and pastoral thinking in government agencies will lead to the continued draining of foreign investments from Iraq.
He stressed the need for a real will to improve the business environment through three basic elements: transparency, facilities, and protection, in order to attract foreign investors and strengthen the Iraqi economy. link
Bruce’s Big Call, 11 AUGUST
Bruce’s Big Call Dinar Intel Thursday Night 8-7-24 REPLAY LINK Intel Begins 1:08:40
Welcome everybody to the big call tonight - it is Thursday, August the 8th, and you're listening to the big call. Thanks for listening wherever you're tuned in, all around the globe, big call universe. Thank you. And boy, we're gonna have a great week. It looks like still, it's not the weekend, a great weekend.
What else is happening? When it comes to Intel, I have to tell you where we are and maybe where we're not. We did hear obviously, you guys know I was big on today being the number eight, China's favorite, number 8 8 24, and we did have some things that got started today, like bond holders getting paid out of Reno. And we know that pay masters and bond holders were flying into Reno, 3 flights in and 3 flights out - private jets 3 in and 3 out Reno Nevada - so that’s underway -
And I cannot speak to CMKX directly as fas as who has been paid and who has not been paid so be patient about that - it hasn’t happened for everybody yet – 0bviously – but I did get confirmation that over 1500 farm claims have been paid out as of 8 am this morning. You say well I’m not a farmer and I don’t have a farm claim -- I get that – I get it – but the fact that that many have been paid at 8 am that this morning is a good thing
And the other thing we heard three specific people that we know, were paid out 300,000 - one 410,000 and one paid 525,000 -- Now those are for farm claims, and so those are continuing - I think we had over 1500 paid out this morning - bond owners under way - what about prosperity packages? We did confirm they did have their meeting last Saturday s. They did decide - that was almost a week, not quite as what five days ago –
They did decide to use hand to hand delivery. Of those I know there's not direct deposit, not on top of the redemption center meeting / exchange - but rather they are going to come to your house Now I hope they will call before they show up. They're not arresting us. They're giving us a pretty sizable check, understanding its minimum 10 million if you're in prosperity. And those of you who are know who you are. So that’s a really good thing.
And also, people that we do deliveries are federalized National Guard - Federalized National Guard that has been contracted to do that delivery for us. So we think there'll be three members. One will stay with the vehicle. Two will come to the door, and that will be a real blessing when those come.
Now, those deliveries are supposed to have started either this evening or tomorrow morning, and that'll be really cool as they start tomorrow morning. Let's go beyond that. Let's see what else we know.
We know that today the redemption center stuff went in at noon - but they did not get the green light from Treasury yet - to send out the emails to all the staff and all of the principles, primarily the principals in all of the redemption centers, and the person that we know has jurisdiction over 2821 redemption centers that are located east of the Mississippi River. So we still don't have that happening yet. They could very well happen either tomorrow or Saturday.
Now the latest information that we received this evening - It was an hour or two before the call tonight was saying that we would get that start for tier 4B - that's the internet group - also included, I would have to say, would probably be tier 4A the Admiral’s groups.
And we thought at last count, the 22 of those groups. So those groups will probably be notified around the same time that we get notified. They could get it sooner, though. They might get a little sooner, but those are coming out, and we're hearing the last piece of information was that we should get those Saturday morning, or we'll say Saturday at least by noon.
So if we don't get them tomorrow, which is possible - One piece of information says 24 hours, we put it in tomorrow. And another said 24 - 48 hours, which would put it by Saturday around noon. So be aware that that's more than likely going to be the case, and open Saturday up for exchanges to occur that afternoon / evening.
So also we can get that and we and Sunday, redemption centers will be open, and so on and so on. We would be able to exchange and redeem our zim and bonds, if you have bonds, sheet bonds, Saturday, Sunday, Monday, and so on, all the way through the week.
So when it comes to what you guys might be seeing, I can tell you that the Zim rate is extremely high, and we're going to be given a very strong rate on the dinar. Don't have the Dong yet, but it's coming. And the banks and redemption center screens this afternoon, by five o'clock today, were populating.
So they weren't solid. They were flashing so fast you could make out the value of the currency, but all 19 currencies that are going up in value for us will be solid either tomorrow or probably Saturday, either one. So don't worry about that. But they could not read the rate because they were populating and blinking, flashing – so fast. They call them flashing because they are so fast,
All right, so that's happening that shows that the rates are trading and they're still trading until Friday. Certainly the 4x is trading till Friday at five o'clock, and that'll be good, and then they'll continue to the Forex on Sunday, at 5pm -
Lets see - anything else ? I want to I want to say everything is moving behind the scenes. I'm sure there's stuff happening on the political front. I don't have anything to mention about that right now. I don't know about, well, I know that we're looking at doing some --- uhhh I can’t even mention that –
We're looking at getting things well underway for us, but I can't tell you when NESARA and GESARA will actually start. I believe NESARA will start with a new rate for our USN dollar, I don’t know how we should have that if it's even going to be announced, if at all -- I think we've heard that it's just going to come out, and we get it. We know it. We get it to banks. We get at the end, and we realize our new currency is asset backed, and we just run with it.
Our fiat money here in the states will be good for a few more months, even after the gold back dollar comes out. Because as the gold dollar is phased in and we get that at the banks or ATMs, the old fiat currency will go away and we'll use it, or we'll turn it in and exchange it.
I wouldn't collect $50,000 in fiat currency on your mattress or in coffee can and bury them in the yard, because eventually the currency will be worthless even here in the United States, you want to be very careful not to do that. I know some people that are kind of like that. They don't trust the banks, and they want to just have their money. Well, you better be aware that our new money is changing.
Our new money is coming out as an asset backed USN for us note or United States new - Look at it either way - USN and it's still the US dollar, but it's not USD, it's USN designated on the screens.
Okay, so what everybody needs to do is pay attention between now and the weekend to emails coming in, and I would say there's a pretty good chance we're going to get them Saturday before lunch. I don't about tomorrow - it was in play big time, but the latest information took tomorrow out of play and brought Saturday into play. So I'm going to go with that for right now and that’s the last I can say about it.
I think that’s everything -- I want to make one little caveat. There are two things. One - I meant to mention this on Tuesday night, there is an email going out or around that is suggesting that President Trump was arrested or President Trump was shot, executed or something - And there have been a couple of them out there from the deep state - they’re lies, and there's an attachment when you open those up, there's a virus, a really dangerous virus that will totally corrupt your computer system or your phone. So do not open it.
If you get something that says President Trump or Trump arrested, just ignore it and pass it on. Don't open it because it's got a norovirus in it, if you will.
The other thing point I wanted to make is be careful what you guys are reading online. There's some things coming out talking about this being capped, or that being capped, or you're only going to get so much for zim, or you're only going to be able to max out to this. None of that's true. It's all a lie.
There's no limit on the amount of zim, and the rate is going to be incredible. And I'll just say it this way, remember when we talked about this and zim was on par with the dollar ? It will be higher. Just saying –
Now, stay away from some of these sites, even the sites that you would think would be okay have been warned, warned and you don't want to be taking part in those. I know it's something I used to look at everything I can find online, too. But your best bet is to kind of minimize what you're reading right now because there’s a lot of deep state stuff that's trying to take you out of the benefit of this blessing. All right?
All right – enough said - Now, let's go ahead and pray the call out - first before we do. I want to thank Bob and I want to thank Sue - GCK Jeannie, also Pastor Scott and the satellite team, or sat team as I call them getting the call out to virtually every country in the world, almost and to anywhere from 15 to 20 - 20 plus million listeners. And that's a beautiful, beautiful job that they've done to do that.
So I'm very, very pleased that they have done that - I want to thank big call universe, the listeners, for listening to the call for the last 13 years. And obviously some of you, many of you, have listened from the first call and haven't missed a single call, which is really amazing. Let's do this, guys, let's just stay in faith and watch what happens over the next couple of days, and then we'll be ready to set our appointments go in exchange and redeem our zim. Let’s do that and let’s pray the call out
RV UPDATE BY MARKZ, 11 AUGUST
MarkZ
[via PDK] I did have a number of contacts tell me that my guesstimates on rates on currencies are going to be way under. That rates will be way higher than I was anticipating...I am hearing that from almost every source on almost every currency.
MarkZ
I am hearing a lot of chatter for the weekend from group leaders...I have heard this chatter before so I am cautious...it is coming in conjunction with some great positive things coming from Iraq...I'm still holding hope perhaps over the weekend for an HCL...
Document.. The Iraqi judiciary settles the controversy over whether the governor of the Central Bank should remain in his position or not, 11 AUGUST
The Supreme Judicial Council in Iraq supported the State Council’s decision to refer the Central Bank Governor, Ali Al-Alaq, to retirement after reaching the legal age.
The Supreme Judicial Council said in an official document, a copy of which was received by Shafaq News Agency, that the same subject was studied by the Studies Committee in the Presidency of the Judicial Supervision Authority, and the same opinion of the State Council was reached in the two aforementioned decisions.
The House of Representatives had sent a letter to the Supreme Judicial Council inquiring about the judiciary’s opinion on the permissibility of the bank governor continuing in service after reaching the legal retirement age.
The State Council has decided the official position on whether or not the Central Bank Governor, Ali Al-Alaq, will continue in his position, confirming that he has exceeded the legal retirement age.
It was stated in correspondence between the State Council and Parliament, in response to the House of Representatives’ request to clarify the opinion of the State Council regarding the permissibility of the Governor of the Central Bank continuing in service after reaching the legal retirement age.
The State Council had explained, according to the documents, that Clause (First) of Article (103) of the Constitution stipulated that the Central Bank shall be a financially and administratively independent body whose work shall be regulated by law and which shall be accountable to the House of Representatives. Article (2) of the Central Bank Law issued pursuant to Order No. (56) of 2004 of the (dissolved) Provisional Coalition Authority stipulated that the Central Bank shall be a legal entity with full capacity and independence and subject to accountability.
He pointed out that the legislator has explicitly stipulated that retirement upon reaching the legal age is an inevitable retirement by law unless exempted by a special provision, and since there is no special provision exempting the Governor of the Central Bank from the provisions of inevitable retirement upon reaching the legal age.
The State Council confirmed that the legal principle states: “Heads of independent bodies are subject to the legal retirement age.” link
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