BROTHERS TECHNOLOGY: BANKS ARE READY TO GO AND SO ARE WE!! @DINARREVALUATION #iraqidinar

 

Parliamentary Integrity accuses a former employee of the Iraqi Central Bank of being behind the US sanctions, 8 DEC

 Parliamentary Integrity accuses a former employee of the Iraqi Central Bank of being behind the US sanctions

 
politics     breaking  2024-12-01 Shafaq News/ On Sunday, the Parliamentary Integrity  Committee accused a former employee of the Central Bank of being behind the banking sanctions imposed on some Iraqi banks by the US Federal Bank.
 
The number of sanctioned banks is 32 out of 72 banks operating in Iraq.
 
Member of the Parliamentary Integrity Committee, Vian Dakhil, said in a statement received by Shafaq News Agency, that
 
a former employee of the Central Bank hid the emails received by the Federal Bank,  JP Morgan, and Citibank to inquire about some topics related to the bank’s work. She added that  failure to answer these issues caused some banks to be punished, stressing that  most banks do not know the reason for the sanctions against them.
 
On the other hand, economic expert, Mustafa Akram Hantoush, told Shafaq News Agency that the
 statements of members of the Parliamentary Integrity Committee are closer to reality than the statements of the Central Bank of Iraq.

He added that the  collapse of the Iraqi banking system and the punishment of 32 Iraqi banks without a clear charge during a period of (a year and a half) is not normal, and in terms of banking, this may be the first incident of this kind in the world. Hantoush noted that   what is worse is the lack of serious solutions by the Central Bank of Iraq to this situation, but rather the
 
     move towards canceling the (Fitr) platform at the end of 2024 and
     handing over the dollar file to banks affiliated with investors and foreign banks (Jordanian  and Gulf). Hantoush wondered:
 
Does the Central Bank of Iraq know that by not finding solutions for the Iraqi banking sector,
 
     it will fire the coup de grace on the entire Iraqi banking system and become punished as a whole,
  
    which will lay off nearly 100,000 workers in the Iraqi private banking sector for the benefit of Jordan and the Gulf countries? And
 
why is it not guaranteed?
 
Iraqi banks are required to open an account in correspondent banks in dollars (Citibank/GBMorgan), as the countries of the region have done. He continued,
 
 “Why has the cooperation and auditing mechanism not yet been identified and announced with Ernst & Young regarding transfers in currencies other than the dollar?”   
 
https://shafaq.com/ar/سیاسة/النزاهة-النيابية-تتهم-موظفا-سابقا-بالبنك-المركزي-بالوقوف-ورا-العقوبات-الامريكية-على-المصارف-العراقية   

JON DOWLING CC HIGHLIGHTS NOTES, 8 DEC

JON DOWLING CC HIGHLIGHTS NOTES

Summary

Jon Dowling and Eli Weber discuss economic concerns in America, the potential for gold prices to surge, and updates on financial markets, including IRA options with Ryan Metal Exchange.

Highlights

• 💰 America faces government mismanagement of retirement savings amid rising inflation.
• 📈 Gold prices doubled during Trump’s first term; could history repeat itself?
• 🏦 Ryan Metal Exchange offers precious metals IRA for better retirement security.
• 🌍 Global economic shifts with BRICS and rising national debts pressuring the US dollar.
• 🔄 Significant changes in the SEC and financial regulations may impact crypto markets.
• 📊 Economic indicators show potential recovery signs in various sectors.
• 🌟 The holiday season brings hope for future economic stability and wealth opportunities.

Key Insights

• 📉  Government Mismanagement: The U.S. government’s handling of inflation and national debt threatens retirement savings, prompting the need for alternative investment strategies.
• 📈 Gold as a Safe Haven: Historical trends suggest that gold is a reliable asset during economic instability, making it a valuable consideration for retirement plans.
• 🏦 Precious Metals IRA: Ryan Metal Exchange presents a viable option for converting traditional IRAs into precious metals, enhancing financial security.
• 🌍 Global Economic Landscape: The rise of BRICS and the weakening U.S. dollar indicate a shifting global power dynamic that could affect American consumers.
• 🔄 Regulatory Changes: New SEC leadership and evolving regulations may create opportunities for growth in cryptocurrency and blockchain technologies.
• 📊 Market Recovery Signs: Observations in sectors like gas and groceries suggest potential economic recovery, which could lead to increased consumer confidence.
• 🌟 Optimism for the Future: As economic changes unfold, there is a sense of hope for rebuilding wealth and stability in the coming years.

MAJEED : SOMETHING COULD HAPPENS ON DECEMBER 8, 2024- DECEMBER 12 ( POSSIBLE RV DATE) WOW WOW!!!

 

Economic: The Parallel Market Sells The Dollar At A Price Not Subject To Government Control, 8 DEC

 Economic: The Parallel Market Sells The Dollar At A Price Not Subject To Government Control

 
    December 6 14:44   Information / Baghdad...  Economic affairs researcher Diaa Abdul Karim said on Friday that the  Iraqi parallel market sells the dollar to citizens at a price that is not subject to state control, pointing out that the  absence of control will create a crisis with any tension that the country may go through. Abdel Karim told Al-Maalouma,
 
“There is silence from the government regarding the parallel market and the price at which the dollar is sold to citizens, and this silence will generate a real crisis within the market if the country goes through any emergency circumstances or tensions that may occur in the coming days.”  

He added, "Most people heading to the parallel market want to obtain the dollar for
 
     urgent travel purposes, or to urgently
     purchase medicine from abroad, or for the purpose of
     purchasing cars from approved showrooms." He stated that  "the government can open a window in government banks that allows the citizen to obtain the dollar for the purpose of buying a car, or give him a check for the amount to be disbursed after signing the purchase contract officially and certified by the Traffic Department, in order to avoid the corruption that occurs in the buying and selling of the dollar."  
 
https://almaalomah.me/news/84633/economy/اقتصادي:-السوق-الموازي-يبيع-الدولار-بسعر-غير-خاضع-لسيطرة-الح   

MILITIAMAN: " THE FISCAL YEAR OF THE GOVERNMENT BANK ENDS AT THE END OF DECEMBER OF EACH YEAR" , 8 DEC

 Militia Man  

 Article quote:   "The fiscal year of government banks in Iraq ends the end of December each year where some financial operations are temporarily suspended to conduct annual settlements and close accounts."

  Those that think Iraq is on a different system and different time frames for their end of year...those that were saying April or March are wrong.  

Fiscal year of the government bank ends at the end of December each year.

GOLDILOCKS: Banks Preparing For New Currency Exchanges - ALL Test Completed @DINARREVALUATION #iraq