NADER FROM MID EAST:THE SPIKE ON FOREX: THE IQD LOST it's zero and it's .0014 instead of .0076

 

Delayed sending the payrolls of the Kurdistan Region hinders their disbursement for this month, 26 OCT

 Delayed sending the payrolls of the Kurdistan Region hinders their disbursement for this month

Shafak News / Informed sources in the Ministry of Finance of the Kurdistan Region said. On Saturday, the ministry has not yet sent the salary statements for the month of October to the Federal Ministry of Finance in Baghdad, which is waiting for these lists to conduct the necessary audits before transferring money to the region.

Informed sources in the regional Ministry of Finance confirmed in statements to Shafak News Agency that the list will be sent this week.

The sources indicated that this delay comes in light of the start of the Iraqi Ministry of Finance to audit the salary lists of the employees of the Kurdistan Region for the month of October, while the employees of the region are waiting to receive their salaries.

It is expected that the audit process and the procedures for transferring funds from Baghdad to the region will take several days after receiving the lists, indicating that the payment of salaries of KR employees may extend until the beginning of next month.

Sources in the Ministry of Finance of the region indicated that the postponement of sending these lists to Baghdad was due to internal audit procedures, and stressed that the ministry is working to ensure the completion of October payroll operations early next month.

https://www.shafaq.com/ar/كوردســتانيات/ت-خر-رسال-قوا-م-رواتب-قليم-كوردستان-يعيق-صرفها-لهذا-الشهر

RV UPDATE BY WOLVERINE, 26 OCT

 Fri. 25 Oct. 2024 Wolverine:

• A lot of sovereign whales have been paid in Zurich, and they have all gone home to start paying their members. They have leaders in their platforms to disperse their money. They had meetings yesterday.

• The private contractors have seen their letters of confirmation that they will get paid this coming week. That is a million percent confirmed.

• The biggest news is that the biggest Whale in the RV got paid and went home to start the process to help humanity. This news came out two hours ago, he is a good friend of mine, and when that news came through, I started crying.  This means a lot of all humanity, and I also, will be jumping in with them to help with their humanitarian projects.

• I will be flying out soon, but cannot tell you where. When I get the green light, you will not hear from me again, but the opera will come before that happens.

LATEST UPDATE FROM DINARLAND @DINARREVALUATION

“FOR THESE REASONS, IT IS IMPOSSIBLE FOR IRAQ TO JOIN BRICS”, 26 OCT

 “FOR THESE REASONS, IT IS IMPOSSIBLE FOR IRAQ TO JOIN BRICS”

10/26/2024

There are many reasons behind Iraq not joining the BRICS group, the first of which is that the Iraqi economy is a rentier economy par excellence and depends on oil as a main source of income.

In this context, economic researcher Safwan Qusay confirmed that the Iraqi economy is a dollar economy par excellence, as the Central Bank’s reserves exceed $108 billion in the US Federal Reserve, as well as 145 tons of gold.

Qusay said, that “Iraq is not thinking of transforming into a BRICS economy because the volume of the trade dollar from the US dollar gives the Iraqi economy the power to exchange with most of the world’s economies that still do not have a unified currency, and it seeks to enhance confidence in local currencies for the purpose of trading between the economies of those countries by increasing the gold reserves of those countries.”

He added that “Iraq is currently moving towards enhancing the value of the Iraqi dinar and making it a stable value, and there can be direct dealings between Iraq and the countries that belong to BRICS through the exchange of local currencies between them.”
…..
He continued, “the BRICS group is an attempt to reduce the costs of mutual investments and mutual trade transactions and to create a financial system away from the SWIFT system.”  He pointed out that “Iraq is currently in compliance with the SWIFT international financial transfer system and is succeeding in the process of developing these standards in order to gradually be able to combat money laundering and study the levels of risk internationally through international correspondent banks that deal within the global SWIFT system.”

Political interests

The economic expert pointed out that “BRICS is a promising economy, but it is built on political interests more than economic interests between countries, so what hinders this group is the shift from political orientations to financial and economic orientations and the need for confidence in global currencies to increase the volume of global trade and global financial stability.”
….
For his part, oil expert Bilal Khalifa confirmed that the BRICS group, which was launched in the Russian city of Kazan, took place under abnormal circumstances.REPORT THIS AD

Khalifa said, that “two wars are raging in the world, which are the Ukraine war and the Gaza and Lebanon war, and there is a third hidden war that is happening without the media shedding light on it, which is the internal war in Sudan.”  He added that “the common factor between the three wars is that the two conflicting parties represent the conflict between the eastern and western axes, meaning that the war between them is actually happening, but indirectly.”

He continued, “in the midst of these circumstances, the war is escalating, with war and conflict between the two parties, but this time in a different form, namely political and economic conflicts and wars, through holding a BRICS summit in the Russian city of Kazan, with the attendance of the leaders of the founding countries of the group (China, India, Russia, Brazil and South Africa) along with the leaders of the previously joined countries, except for the Crown Prince of Saudi Arabia.”

He pointed out that “as for Iraq, especially after 2003, the reason for the regime’s lack of regularity in BRICS combines two things: the first is its lack of interest in the first place, and the reason for that is its lack of awareness, due to the lack of advisory consultants and such matters that do not concern the ruling system, and the second is an unjustified fear of the unstable regime from America’s wrath!!  All of this indicates a great weakness in anticipating the future and moving towards multilateralism.”

"BANKERS ARE ANGRY" BY TEXAS SNAKE, 26 OCT

 TEXAS SNAKE

Fri. 25 Oct. 2024 Texas Snake

 Bankers are angry. Those in control of releasing the GO button for the Global Currency Reset didn’t give the announcement they were expecting.

 Especially since the redemption center people had been ready and waiting since 8:00 am.

NADER FROM MID EAST: lets have fun