Monday, September 23, 2024
" TO IQD HOLDERS" BY ARIEL, 23 SEPT
TO 𝙄𝙌𝘿 𝙃𝙤𝙡𝙙𝙚𝙧𝙨: What would you do if you woke up tomorrow morning and suddenly realize you are a multi millionaire 3 times over? Are you all ready for that type of money?
Because at this point I am expecting the rate change at any moment.
When you exchange don't act like you don't know how to log on to X and speak.
Because a lot of you all about to start acting bad & bougie.
Anyway I hope you all bought all you need. The rate release is but a glance away.
MILITIAMAN CC NOTES HIGHLIGHTS: Al-Sudani's Participation in UNGA and Banking Reforms , 23 SEPT
Al-Sudani's Participation in UNGA and Banking Reforms
Prime Minister Muhammad Shia Al-Sudani arrived in New York for the 79th UN General Assembly session, involving multiple speeches and sideline meetings.
Key discussion topics include strengthening cooperation, facing global challenges, and affirming commitments.
Sudani's advisor highlights that Iraq's banking system is rentier, heavily reliant on oil resources and government liquidity.
Comprehensive reforms are needed to transition Iraq towards a market economy, with potential assistance from Ernst & Young.
Privatization of two large state banks is anticipated to enable integration with the international financial system.
Al-Sudani announced a higher committee to align Iraqi banks with international financial standards and improve relations with global financial entities.
Previous discussions at the Davos meetings emphasized restoring confidence in the international financial system, spotlighting Iraq’s role.
DINAR REVALUATION REPORT: Iraq and the U.S. Embrace Digital Transformation in Shipping Ports, 23 SEPT
Iraq and the U.S. Embrace Digital Transformation in Shipping Ports
Iraq and the United States are advancing their shipping port operations by integrating them into the Quantum Financial System, a move that underscores the nations' commitment to enhancing trade and currency valuation.
Digitalization in Iraq's Maritime Sector
Iraq is spearheading the digitalization of its maritime sector by planning to establish a maritime single window for its major ports, notably Um Qasr (North and South). This initiative aligns with IMO's mandate, requiring all member states to use a one-stop digital platform to streamline information exchange among stakeholders involved in ship operations as of January 2024.
The implementation of a maritime single window system will significantly reduce time and costs, benefiting over 80% of Iraq's imported goods that pass through the Um Qasr ports. The system will eventually be extended to the Al-Faw Grand Port, scheduled for opening in December 2024, and other Iraqi ports.
Strategic Implications
The integration of Iraq's shipping ports into the Quantum Financial System and the digitalization efforts suggest a strategic shift toward enhancing economic ties and trade facilitation. This move could potentially strengthen currency valuation and improve the efficiency of maritime operations, positioning Iraq as a key player in regional trade.
DINAR REVALUATION HIGHLIGHTS: " IRAQ AND THE USA ARE INTEGRATING THEIR SHIPPING PORTS INTO THE QFS, 23 SEPT
Summary
Iraq and the U.S. are integrating their shipping ports into the Quantum Financial System, enhancing trade and currency valuation.
Highlights
- 🌍 U.S. and Iraq connect shipping ports to the Quantum Financial System.
- 🔗 Regulations align to facilitate smoother trade operations.
- 💻 Digital technology secures borders and enhances transaction efficiency.
- 📈 Currency values will reflect real trade activities, reducing manipulation.
- ⚙️ Export controls implemented to protect national security and economic interests.
- 🚢 Watch the waters: trade routes are pivotal for currency valuation .
- 💡 Iraq completes phase two of port digitization by September 2024.
Key Insights
- 🌐 Quantum Financial System Integration: The connection of U.S. and Iraqi ports to the QFS signifies a monumental shift towards digital trade, enhancing global commerce efficiency.
- 🔒 Digital Security: Utilizing advanced tech for border security minimizes human error and fraud, ensuring accurate transaction processing across nations.
- 💵 Valuation of Currencies: As countries transition to digital systems, currencies like the dinar will better reflect economic realities, potentially increasing their value.
- 📊 Export Controls: New regulations safeguard national interests while facilitating international trade, ensuring that sensitive technologies are monitored effectively.
- 🌊 Trade Routes Importance: Shipping ports are crucial for economic interaction; their digitization heralds a new era of seamless trade and currency movement.
- 🔄 Interoperability of Blockchain Networks: The ability for different countries’ digital systems to communicate will streamline cross-border transactions and reduce costs.
- 📅 Completion of Phase Two: Iraq’s progress in digitizing its ports by September 2024 showcases its commitment to modernizing its economic infrastructure and integrating with global markets.
TIDBIT FROM MNT GOAT, 26 DEC
Mnt Goat Article: " DOLLAR AUCTION.. WHAT IS THE TRUTH ABOUT STOPPING THE CENTRAL BANK’S PLATFORM FOR CURRENCY CONVERSION? ...
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