Dinar Recaps Blog Page — Dinar Recaps (2024)

Dinar Recaps Blog Page — Dinar Recaps (1)

MarkZ, Chats and Rumors Dinar Recaps 20 MarkZ, Chats and Rumors Dinar Recaps 20

Evening News with MarkZ and Dr. Scott Young. 06/20/2024

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

Member: Good Thursday evening to all.

Member: Good evening, hopefully Mark has something good for us tonight!

Member: Are We “R. V ing “ this weekend Markz ??

MZ: There is a lot of crazy anticipation again…..stay calm…but it’s been a weird quiet news day….almost like the whole world is waiting.

Evening News with MarkZ and Dr. Scott Young. 06/20/2024

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

Member: Good Thursday evening to all.

Member: Good evening, hopefully Mark has something good for us tonight!

Member: Are We “R. V ing “ this weekend Markz ??

MZ: There is a lot of crazy anticipation again…..stay calm…but it’s been a weird quiet news day….almost like the whole world is waiting.

MZ: I am hearing the markets are going to be very interesting the next few days.

MZ: As far as RV related stuff….this came from more than one direction today. And it was suggested that I be very cautious with details –especially on Historic bonds….and any closes on groups. For safety and security and not to put people on any unnecessary roller coaster. But I am sure the dinar boards will be sharing some of it.

MZ: I am going to be very judicious with what I share for the next short bit . For individuals security, my security, the processes security….

MZ: If there is something I feel has meaningful impact on us as to what we can expect ect…or if there is any kind of slow down – I will let you know that.

MZ: There are a lot of specifics I would love to share with you all so you would have the same warm and fuzzy feeling that I do.

MZ: If things are good and moving great I am just going to stay upbeat and focused on the fundamentals. That They are squeezing hard to protect things at this point shows me I need to take things seriously.

Member: We are cool with your being quiet so as not to delay the RV any more. Thanks Mark and lets go RV!!!

Member: (From Dinar Guru) Mnt Goat Do they have to RV to make the budget work? If you take what the prime minister told us about the dropping of the zeros...in an April 2023 article, we can see that taking the 1320 rate and dropping the 3 zeros makes it $1.32. If we take the 6.5 billions dinars allocated for the new pipeline construction it is actually about $4.9 billion dollars. If we divide 6.5 / 4.9 we get 1.32...is this a coincidence? Can you see now why I am so excited...WOW! WOW1 WOW! ...Many believe it is not coincidental and so I agree...Do they need the change in rate to build the pipeline? What about the other projects too like the 7 new refineries? ...if it does they will have to get their act in gear real soon, as they also told us they plan to begin this new pipeline now NOT in 2025.

MZ: That is what MilitiaMan and I were talking about today . …but I still expect higher than $1.32….but I could be wrong. But I think this is the worst case scenario and I think it’s fantastic. And very exciting.

Member: You can clearly see ethe two sets of books in action in Iraq.

MZ: EXACTLY….and now they will transition to one set of books.

Member: The true rate isn’t going to show for the public until after we RV..imo. That’s why there is so many cloaks and daggers.

Member: Wolverine is very Giddy & emotional with the news he's getting

Member: Iraqi Dinar Set for Potential Surge Amid Bold Economic Reforms and Global Investor Interest!

Member: Everyone stay positive. Thaoughts become things.

Dr. Scott Young joins the stream tonight. Be sure to listen to the replay for his information and opinions.

FAKE ACCOUNTS ARE USING MARK, KOUKLA, AND OTHER MODS' NAMES ON TELEGRAM & YOUTUBE TO SCAM PEOPLE. YOU ARE HERE BECAUSE YOU HAVE COMMON SENSE, SO DON’T TAKE THE BAIT FROM IMPERSONATORS!!

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.

​TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com

STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

https://www.youtube.com/watch?v=t-7benRFzSY

Read More

Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

110 million people from Asia Joining BRICS: What next?

Fastepo: 6-20-2024

Malaysia and Thailand have both shown interest in joining BRICS, a coalition currently comprising Brazil, Russia, India, China, and South Africa.

The group is expanding, with five new countries—Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE—joining the bloc since January 2024.

This expansion aims to enhance the bloc's economic and geopolitical influence, offering new opportunities for member nations to engage in trade and cooperation outside of Western-dominated frameworks.

As of June 2024, both Malaysia and Thailand exhibit significant economic advantages that enhance their positions in the global economy.

110 million people from Asia Joining BRICS: What next?

Fastepo: 6-20-2024

Malaysia and Thailand have both shown interest in joining BRICS, a coalition currently comprising Brazil, Russia, India, China, and South Africa.

The group is expanding, with five new countries—Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE—joining the bloc since January 2024.

This expansion aims to enhance the bloc's economic and geopolitical influence, offering new opportunities for member nations to engage in trade and cooperation outside of Western-dominated frameworks.

As of June 2024, both Malaysia and Thailand exhibit significant economic advantages that enhance their positions in the global economy.

The Malaysian economy is projected to grow by 4-5% in 2024, driven by resilient domestic expenditure and a diversified economic base

. Malaysia has successfully transitioned from a commodity-based economy to one with robust manufacturing and service sectors.

The Thai government has implemented measures to boost liquidity and economic growth, including a proposed $102 billion budget to revive the economy.

These measures aim to stimulate domestic demand and support economic recovery.

Malaysia is on track to achieve high-income status between 2024 and 2028, reflecting sustained economic transformation and development. This progress is supported by a low unemployment rate and significant strides in poverty reduction.

Additionally, Malaysia’s strategic geographic location and strong geopolitical relationships enhance its trade capabilities, particularly in electronics, automotive, and palm oil production. Thailand’s robust trade relationships with major economies like China and India position it as a key player in regional and global markets.

Exports to these countries include a wide range of products such as automotive parts and chemicals, showcasing Thailand's diversified export base.

In this video, we will examine how the inclusion of Malaysia and Thailand will create mutual benefits for both these countries and the existing BRICS nations.

https://www.youtube.com/watch?v=_ozCQBXJUOI

Read More

Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

I’m a Bank Teller: 7 Reasons You Shouldn’t Keep More Than $3,000 in a Checking Account

Laura Beck Thu, June 20, 2024

Many people simply leave a large chunk of money in their checking accounts and let it sit there. But is that the best move? Probably not. GOBankingRates spoke to Rachael P., a seasoned bank teller who had seen it all when it came to customers’ banking habits. She knew firsthand the pitfalls of keeping too much money in a checking account and was always ready to offer tough financial advice when needed.

Here are the seven reasons why a bank teller advised against keeping more than $3,000 in a checking account.

No Interest Earned on Larger Balances

The number one reason Rachael disliked seeing huge balances in checking accounts was the complete lack of interest earned. “Why would you keep $10,000 just sitting there doing nothing?” she asked. Checking accounts are meant for money that will be spent in the short term, not for larger sums that could be earning interest elsewhere.

I’m a Bank Teller: 7 Reasons You Shouldn’t Keep More Than $3,000 in a Checking Account

Laura Beck Thu, June 20, 2024

Many people simply leave a large chunk of money in their checking accounts and let it sit there. But is that the best move? Probably not. GOBankingRates spoke to Rachael P., a seasoned bank teller who had seen it all when it came to customers’ banking habits. She knew firsthand the pitfalls of keeping too much money in a checking account and was always ready to offer tough financial advice when needed.

Here are the seven reasons why a bank teller advised against keeping more than $3,000 in a checking account.

No Interest Earned on Larger Balances

The number one reason Rachael disliked seeing huge balances in checking accounts was the complete lack of interest earned. “Why would you keep $10,000 just sitting there doing nothing?” she asked. Checking accounts are meant for money that will be spent in the short term, not for larger sums that could be earning interest elsewhere.

Easier Access Makes Frivolous Spending More Likely

Rachael had noticed a clear correlation between the size of a customer’s checking account balance and the amount of frivolous spending they do. “It’s like having a milkshake in front of you 24/7 — you’re going to keep taking sips whether you need them or not,” she said. Separating out larger sums makes it psychologically harder to dip into funds earmarked for other purposes.

You Lose Out on Opening Bonuses

Many banks offer lucrative bonuses of $200 or more just for opening new checking or savings accounts and maintaining a minimum balance. But if you already have a large checking account balance, you miss out on the ability to cash in on these deals. “Why leave money on the table?” Rachael asked. “That bonus could go right into investments.”

Your Money Isn’t as Safe as You Think

For all the security surrounding banks, a checking account balance only has $250,000 of FDIC insurance if the bank fails. Any amount over that is not protected. By keeping an excessively large sum in a checking account, customers were needlessly putting their money at risk. “Write that number down and decide if it’s worth it,” Rachael said.

No Opportunity for Compounding

“The miracle of compounding only works if your money is actually invested and earning returns,” Rachael shared. By leaving large amounts of money in checking accounts, many people were depriving themselves of decades of potential growth. Even a simple high-yield savings account could earn a customer hundreds — if not thousands — more per year than a standard checking account.

To Read More:

https://www.yahoo.com/finance/news/m-bank-teller-7-reasons-130007632.html

Read More

News DINARRECAPS8 News DINARRECAPS8

Iraq Economic News and Points To Ponder Thursday Afternoon 6-20-24

An Invitation Is Sent To The Sudanese... Parliamentary Energy Explains The Reasons For The Collapse In Electricity Supply

Energy Economy News – Baghdad Member of the Parliamentary Energy and Electricity Committee, Kamel Al-Ugaili, on Thursday, called on Prime Minister Muhammad Shiaa Al-Sudani to manage the Ministry of Electricity from a lower position, while holding production, distribution and maintenance companies responsible for the collapse in electricity supply in Baghdad and a number of provinces.

Al-Ugaili said in an interview followed by Al-Iqtisad News, “Poor planning and management and the selection of incompetent figures to manage production, distribution and maintenance companies are behind the decline in electricity processing hours.”

Iraq Economic News and Points To Ponder Thursday Afternoon 6-20-24

An Invitation Is Sent To The Sudanese... Parliamentary Energy Explains The Reasons For The Collapse In Electricity Supply

Energy Economy News – Baghdad Member of the Parliamentary Energy and Electricity Committee, Kamel Al-Ugaili, on Thursday, called on Prime Minister Muhammad Shiaa Al-Sudani to manage the Ministry of Electricity from a lower position, while holding production, distribution and maintenance companies responsible for the collapse in electricity supply in Baghdad and a number of provinces.

Al-Ugaili said in an interview followed by Al-Iqtisad News, “Poor planning and management and the selection of incompetent figures to manage production, distribution and maintenance companies are behind the decline in electricity processing hours.”

He added, "The electricity problem has become noticeably recurring, so we call on Prime Minister Muhammad Shiaa Al-Sudani to manage the Ministry of Electricity personally and from a lower position, while making changes for officials who are negligent in performing their work."

He pointed out that “poor planning and bad management are one of the reasons for the collapse of the electricity system in Baghdad and a number of governorates,” pointing out that the capital, Baghdad, has been witnessing for days a sharp decline in energy supply. https://economy-news.net/content.php?id=44425

Oil Prices Varied During Early Trading

Thursday 20, June 2024 11:12 | Economical Number of readings: 331 Baghdad / NINA / Oil prices rose in Brent crude futures in early trading, today, Thursday, while US crude futures fell due to the possibility of rising oil inventories in the United States.

Brent crude futures for August delivery recorded an increase of eight cents, reaching $85.15 a barrel, while US West Texas Intermediate crude for June delivery fell by 27 cents, reaching $81.30 a barrel.

Figures from the Petroleum Institute were The American newspaper showed that US crude inventories rose by 2.264 million barrels in the week ending June 14, while gasoline inventories decreased./

https://ninanews.com/Website/News/Details?key=1133253

Al-Sudani Congratulates Iraq For Ranking First In The Arab World And Seventh In The World In The Times Sustainable Development Rankings

Thursday 20, June 2024 19:23 | Political Number of readings: 244

Baghdad / NINA / Prime Minister Muhammad Shiaa Al-Sudani blessed Iraq’s ranking first in the Arab world and seventh in the world in the Times Sustainable Development Rankings.

Al-Sudani said in a blog post on the X website: We congratulate Iraq for ranking first in the Arab world and seventh in the world in the Times Sustainable Development Classification, in terms of the number of universities participating in the 2024 edition, which witnessed the competition of 2,152 universities from 125 countries.

He added: What has been achieved confirms the success of the government’s vision and its supportive approach to achieving comprehensive quality in higher education, openness to advanced educational systems in the world’s universities, and developing the level of performance in line with the goals of sustainable development. https://ninanews.com/Website/News/Details?Key=1133325

Economic Determination Of “Bubble” Real Estate Prices In Baghdad.. What About Selling A Square Meter For “26 Thousand Dollars”?

Money and business Economy News – Baghdad Today, Thursday, economic expert Mustafa Hantoush identified the “bubble” real estate prices in the capital, Baghdad, and while he confirmed that some real estate properties are “clear money laundering” operations, he touched on the sale of some real estate for 26 thousand dollars.

Hantoush said in an interview with Al-Iqtisad News, “Some real estate in some areas of the capital, Baghdad, are clear money laundering operations, that is, an attempt to buy real estate for any amount, after it was stolen from the state,” stressing that “The Central Bank of Iraq confirmed that 500 million dinars “It will be a real estate buying and selling event.”

He added, "The bubble prices of real estate in upscale areas, and in light of money laundering, I believe that their prices reach between 12 and 16 thousand dollars. As for the price of 26 thousand dollars, perhaps it refers to commercial real estate or those that are located in commercial streets," ruling out "the existence of real estate in The capital, Baghdad, reaches this large amount.”

Earlier, the Parliamentary Integrity Committee confirmed that the price per meter in Mansour and Karrada rose to 26 thousand dollars. 06/20/2024 - https://economy-news.net/content.php?id=44434

To read more current and reliable Iraqi news please visit :https://www.bondladyscorner.com/

Provoking Thoughts and Points To Ponder On Adversity:

The fiery trials through which we pass will light us down in honor or dishonor to the last generation. -Abraham Lincoln

Our trials are tests; our sorrows pave the way for a fuller life when we have earned it. -Jerome P. Fleishman

Times of general calamity and confusion have ever been productive of the greatest minds. The purist ore is produced from the hottest furnace, and the brightest thunderbolt is elicited from the darkest storms. -Charles Caleb Colton

The habits of a vigorous mind are formed in contending with difficulties. -Abigail Adams

A diamond is a chunk of coal that made good under pressure. -Anonymous

A clay pot sitting in the sun will always be a clay pot. It has to go through the white heat of the furnace to become porcelain. -Mildred W. Struven

It is the surmounting of difficulties that makes heroes. -Kossuth

http://famousquotesandauthors.com/topics/adversity_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.htm

Read More

Dinar Recaps 20 Dinar Recaps 20

KTFA:

Clare: National Bank of Iraq

@NBIraq: بخطوات بسيطة هسه تكدر تودع فلوسك من خلال اجهزة الصراف الآلي بكل سهولة

TRANSLATION: With simple steps, you can now deposit your money through ATMs with ease

CLICK THE LINK TO WATCH THE VIDEO ABOUT THE ATM's https://x.com/NBIraq/status/18.....1991153862

Ryan1216: We have to be EXTREMELY CLOSE to a rate change now that money can be deposited into ATM’s. IMO. What do you think Clare?

Clare: IMO, WE ARE EXTREMELY CLOSE. THE LAST FEW UB2B'S SHOW THAT. DID YOU CATCH WHAT EDDIE'S FRIEND SAID LAST NIGHT? "AT ANY MOMENT" IT COULD BE POSSIBLE.

KTFA:

Clare: National Bank of Iraq

@NBIraq: بخطوات بسيطة هسه تكدر تودع فلوسك من خلال اجهزة الصراف الآلي بكل سهولة

TRANSLATION: With simple steps, you can now deposit your money through ATMs with ease

CLICK THE LINK TO WATCH THE VIDEO ABOUT THE ATM's https://x.com/NBIraq/status/18.....1991153862

Ryan1216: We have to be EXTREMELY CLOSE to a rate change now that money can be deposited into ATM’s. IMO. What do you think Clare?

Clare: IMO, WE ARE EXTREMELY CLOSE. THE LAST FEW UB2B'S SHOW THAT. DID YOU CATCH WHAT EDDIE'S FRIEND SAID LAST NIGHT? "AT ANY MOMENT" IT COULD BE POSSIBLE.

Clare: KBR wins $46m Contract to Support Sustainable Development in Iraq

19th June 2024 By John Lee.

American engineering firmKBRhas announced that it has been awarded a five-year contract, with options, to support the Iraqi government's visionary infrastructure and future energy ambitions, including the delivery of megaprojects and sustainable development.

Under the terms of the $46 million contract, KBR will provide its differentiated advisory and consultancy capabilities to the Iraqi Government's Ministry of Planning, with a focus on creating an effective program environment to support successful delivery of strategic megaprojects.

Focus areas of KBR expertise supporting the ministry, who interface with all ministries and formations in the Iraqi government, will include economic planning, strategy development, feasibility studies, technical reviews and large-scale project management.

This contract, which encompasses a comprehensive range of planning and development services, will further elevatethe significant role KBR is playing in the development of Iraq's energy sector -working closely with various ministries to identify, design and implement critical projects aimed at enhancing the country's economic and social landscape.

KBR's focus on innovation and sustainability will be integral to delivering the ambitious development plans, aligning with Iraq's long-term vision for growth and environmental stewardship.

Jay Ibrahim, President of KBR Sustainable Technology Solutions, said:

"This is a great example of KBR utilizing its growing global capabilities to support regeneration and sustainable growth of a nation. We are proud to further our partnerships in country, where we are already helping make our customers' ambitious plans a reality. With our deep expertise in engineering and energy solutions, KBR is well positioned to help our valued customers meet their energy security and sustainability objectives."

KBR will support delivery from its global locations, in addition to expanding its well-established footprint in country through the creation of an operational office in Baghdad and the wider prospect of building an engineering design center to enhance the skills of Iraqi engineers. LINK

BuckEyeTree: More good news for Iraq with KBR, an American company, establishing an operational office in Baghdad.

Also, the ATM tutorial about ability to make deposits into the ATMs is not only a convenience for Iraqis, but IMO another way for the CBI to collect 3 zero notes that may be in the dinar mattresses.

IMO in the coming days, Iraqis will be able to withdraw the lower notes as soon as they are released with new rate. Just waiting whatever comes next.

************

Courtesy of Dinar Guru: https://www.dinarguru.com/

Militia Man Article: "The Iraqi government is currently weighing the question of changing the currency so the official cost of the US dollar will be 1.32 Iraqi dinars instead of 1320. Implementing such a decision is likely significantly increase Al-Sudani's popularity." That was March 11, 2024.

Frank26
[Iraq boots-on-the-ground report] FIREFLY: My bank guy said...Sudani...sent Alaq out in February...to announce to everybody that we were going to have a change in our exchange rate. Then Sudani comes out and talks to us about it as well...in March...considering a change in our currency to 1.32 from 1320. Now that the budget is about to be revealed he strongly suggests to me that we will be seeing the new exchange rate at 1.32 instead of 1320. FRANK: They keep the exchange rate at 1320 to give you more purchasing power...They are about to give this power to you.

Tax Scenario for Exotic Currency & Crypto Profits

Edu Matrix: 6-20-2024

Tax Scenario for Exotic Currency & Crypto Profits: Many of you say you want an RV; however, if it were to happen tomorrow, many of you would not be ready.

https://www.youtube.com/watch?v=hNnwcWhAYWM

Housing Market CRASH Early Warning Signs

Taylor Kenny: 6-20-2024

As the housing market teeters on the edge of instability, signs of trouble loom large despite record prices and dwindling inventory.

With echoes of the 2008 crash, risky financial practices like 0% down payment loans resurface, threatening to ensnare vulnerable buyers in a web of debt and foreclosure.

Against a backdrop of economic slowdown, rising inflation, and banking sector vulnerabilities, the looming specter of a market crash underscores the urgent need for safeguarding wealth with tangible assets like gold and silver.

https://www.youtube.com/watch?v=r64afXyQ6lA

Read More

Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

BRICS Announces Massive Trade Agreement to Ditch the US Dollar

GeoPolitical Analyst: 6-19-2024

The BRICS economic alliance has announced an extensive trade agreement that will effectively ditch the US dollar.

The collective settled on an agreement with a plethora of outside nations to settle trade dealings in their national currencies, circumventing the use of the greenback. The agreement includes all BRICS nations as well as Thailand, Laos, Sri Lanka, Kazakhstan, Venezuela, and Bolivia.

Moreover, it becomes one of the bloc’s most extensive de-dollarization policies in its history. Its presence should only be magnified by the impending arrival of the bloc’s independent payment system.

BRICS Announces Massive Trade Agreement to Ditch the US Dollar

GeoPolitical Analyst: 6-19-2024

The BRICS economic alliance has announced an extensive trade agreement that will effectively ditch the US dollar.

The collective settled on an agreement with a plethora of outside nations to settle trade dealings in their national currencies, circumventing the use of the greenback. The agreement includes all BRICS nations as well as Thailand, Laos, Sri Lanka, Kazakhstan, Venezuela, and Bolivia.

Moreover, it becomes one of the bloc’s most extensive de-dollarization policies in its history. Its presence should only be magnified by the impending arrival of the bloc’s independent payment system.

Over the last two years, the BRICS economic alliance has grown tremendously. The grouping has sought to increase its relevance on a global scale and introduce an increasingly multipolar world. A massive part of those efforts are connected to the introduction of landmark economic policies.

Now, the alliance has announced a monumental development that could have immense ramifications for global finance.

Specifically, BRICS announced a massive trade agreement at this week’s Foreign Ministers Meeting that would ditch the US dollar for all alliance trade settlements.

The nations included will opt to settle all trade with national currencies as opposed to Western alternatives.

https://www.youtube.com/watch?v=4xLVTTslaJU

Fixed Prices? Price Controls? Shortages? Rationing? ITS ALL COMING...

Greg Mannarino: 6-20-2024

https://www.youtube.com/watch?v=_2QvMJciA80

‘The End Of Fiat Currencies As We Know It’ | Gary Wagner

David Lin: 6-19-2024

Gary Wagner, Editor of TheGoldForecast.com, discusses his outlook for inflation, gold, monetary policy, and the impact of AI on our economy.

0:00 - Intro

0:55 – Inflation

9:44 - Consumer sentiment

12:00 - Fed monetary policy

15:32 - Stocks

20:25 - Gold and fiat

https://www.youtube.com/watch?v=85d-2YUYaxM

Read More

Economics, Gold and Silver, Goldilocks, News DINARRECAPS8 Economics, Gold and Silver, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Thursday Afternoon 6-20-24

Good Morning Dinar Recaps,

"Almost two-thirds of countries in the Middle East and Central Asia are exploring adopting a central bank digital currency as a way to promote financial inclusion and improve the efficiency of cross-border payments.

Adopting a CBDC, however, requires careful consideration. Countries across these regions, spanning a diverse group of economies stretching from Morocco and Egypt to Pakistan and Kazakhstan, each must weigh their own unique set of circ*mstances.

Goldilocks' Comments and Global Economic News Thursday Afternoon 6-20-24

Good Morning Dinar Recaps,

"Almost two-thirds of countries in the Middle East and Central Asia are exploring adopting a central bank digital currency as a way to promote financial inclusion and improve the efficiency of cross-border payments.

Adopting a CBDC, however, requires careful consideration. Countries across these regions, spanning a diverse group of economies stretching from Morocco and Egypt to Pakistan and Kazakhstan, each must weigh their own unique set of circ*mstances.

Dinar Recaps Blog Page — Dinar Recaps (2)

Many of the 19 countries currently exploring a CBDC are at the research stage. Bahrain, Georgia, Saudi Arabia, and the United Arab Emirates have moved to the more advanced “proof-of-concept” stage. Kazakhstan is the most advanced after two pilot programs for the digital tenge." IMF

Per conversations Dee, Sam, and I have had with our CBI contact, Iraq will be using CBDC for Cross-Border Trading.

© Goldilocks

👆Iraq is not ready yet.
~~~~~~~~~

Iraq to repatriate all its citizens from al-Hol refugee camp in Syria

BAGHDAD, June 18 (Xinhua) -- The Iraqi government on Tuesday has decided to return all Iraqis from the al-Hol refugee camp in Syria, the official Iraqi News Agency (INA) reported.

Karim al-Nouri, deputy minister of the Ministry of Migration and Displaced, told the INA that the "total number of refugees in the al-Hol camp is more than 50,000 people from different countries, including 20,000 people from Iraq."

He said that the Iraqi government had established a high-level committee to scrutinize the security situation of the refugees.

Al-Nuri also said that those returning from the al-Hol camp would go through community rehabilitation programs at the al-Jada'a camp in Iraq's northern province of Nineveh, stressing that about 3,000 people so far have returned to their homes in Iraq, according to INA.

The al-Hol camp is known to be housing refugees, with a significant number of them being family members of IS militants. ■ English News

~~~~~~~~~

READ PDF HERE

ESMA75-453128700-949_Final_Report_MiCA_cooperation_technical_standards.pdf

Final MICA Standards Announcement:

The European Banking Authority (EBA) delivers their final group of MiCA Technical Standards just before the June 30th, 2024 deadline for their digital regulations to become law.

Reference
ESMA75-453128700-949
Section
Digital Finance and Innovation
Guidelines and Technical standards
Type
Final Report
Main Document
ESMA75-453128700-949 Final Report on MiCA cooperation technical standards
(EN)
Style
ESMA document

There were 14 technical standards and 3 guidelines finalized and published.This completes EBA's delivery of their technical standards under MiCA. Esma Europa

© Goldilocks

~~~~~~~~~

Dinar Recaps Blog Page — Dinar Recaps (3)

Dinar Recaps Blog Page — Dinar Recaps (4)

https://x.com/DROPZXRP/status/1803739866741522574

~~~~~~~~~

"As China dumps Treasury securities, the Euro Area, Canada, and financial centers load up with immense appetite."

The division of money flows has been taking place for some time, but we are beginning to clearly notice a new Economic Continental Divide.

Trading routes have been rerouted these last few years, and bilateral free trade agreements have been signed.

The emergence of a multi-polar Global Economy is beginning to be realized through countries supporting their own payment systems with the use of their own local currencies over the World Reserve Dollar.

With a new Digital Monetary System coming into play with Real World Assets backed by commodities and easy access to a fractionalized monetary trading policy, the expectation of a world with solid currency (Gold) through tokenized asset values is becoming a reality. WolfStreet Investopedia

© Goldilocks

~~~~~~~~~

ISSA survey shows rising strategic importance of DLT adoption -Ledger Insights - blockchain for enterprise

~~~~~~~~~

Bank of America finds younger investors prefer crypto, alternatives to stocks -Ledger Insights - blockchain for enterprise

~~~~~~~~~

Ripple CEO Predicts End of XRP Lawsuit This Summer |Crypto News Flash

~~~~~~~~~

Investors around the world are dealing with new trading mechanisms that are beginning to reroute money flows through a new digital asset-based trading system.

The movement of money is not the same. New digital accounting regiments are changing the direction of money based upon new re-entrances of local currencies being traded abroad.

At the end of this month, we're going to have guidelines, regulations, and new laws to change the way we do business.

Don't blink, it is happening right before your eyes.

© Goldilocks

~~~~~~~~~

Nomura’s Laser Digital to Offer Crypto Trading, Asset Management in Abu Dhabi |Finance Magnates

~~~~~~~~~

Goldilocks'Daily Breakdown PodcastLink

Goldilocks'Telegram Room

Goldilocks' Q & A ClassroomLink

Follow Goldilocks'Roadmap

Follow Goldilocks'Timeline

Goldilocks on theSeeds of Wisdom Team™Website

Subscribe toNewsletter

Thank youDinar Recaps

Read More

MarkZ, Militiaman Dinar Recaps 20 MarkZ, Militiaman Dinar Recaps 20

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

Coffee with MarkZ, joined by MilitaMan. 06/20/2024

Member: Good Morning Fellow RV’ers

Member: Good Morning Mark, Mods and MilitiaMan

Member: Today is the First Day of the Rest of Our Lives to pay it forward!! I am excited with anticipation

MZ: Most of our intel today will come from MilitiaMan. Thanks MM for taking the time to join us today.

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

Coffee with MarkZ, joined by MilitaMan. 06/20/2024

Member: Good Morning Fellow RV’ers

Member: Good Morning Mark, Mods and MilitiaMan

Member: Today is the First Day of the Rest of Our Lives to pay it forward!! I am excited with anticipation

MZ: Most of our intel today will come from MilitiaMan. Thanks MM for taking the time to join us today.

MM: Glad to be here.

Be sure to listen to the replay for the discussion on AI (Artificial Intelligence) and much more…..

MM: Iraq is still moving forward with their monetary reform and the project to delete the zeros. Alaq has stated this and Sudani refers to it. In the 2024 budget they mention numbers that mirrors what Al Sudani says.

MM: They are doing a $4.9 billion dollar pipeline to go through Jordan. If you do the math –the rate comes out real close to what Al Sudani said….which is about $1.32. This effectively deletes the zeros IMO…and a lot of people agree with me

Member: Current dinar rate is 1310…..so delete the zero and add a decimal…..and its real close. $1.31 ish

MZ: This does not mean they chop the zeros off our notes and it has less value.

MM: It is not a lop.

Member: MilitiaMan will the rate be fixed or a float?

MZ: I don’t look for a wild float but a very controlled of fixed float. IF there is a float.

MM: Saleh who is the prime ministers financial advisor has released several article on this. I think a managed float is exactly what they are talking about. It’s a form of a fixed…and a form of a float. It’s a component of both.

MZ: So how does that work for people? Let’s say they come out with a rate of $2 and we think it should be $4. Do we hang onto our IQD? Do we put it into a multi currency account? Any thoughts?

MM: I am not a financial advisor. I have a feeling if they came out with a rate similar to that….they would have to keep the rate in a tight range. If there was to be growth…imo it would be as conservative as they can. They will need to keep the rate stable on the dinar. Contractors would not appreciated rate or price changes every day.

MM: So I think the stronger it is….remember the reinstatement rate 20 years ago of $3.22. Even the IMF has documents stating this was a relevant number. If it came out at that….they would keep the rate in a relevant range. Could it grow from there? It could. And they could adjust that accordingly but would probably keep it pretty tight.

MZ: I can’t see more than a 2-5% change as allowed in a float. I am not looking for wild swings.

MM: Remember that forex trades too many decimals. They make a lot of money with a small amount of movement.

MM: So I think it will be a tight range on a managed float

MZ: That is what Shabibi said. Of course we won’t know until we get there. It’s possible $3.22 or higher. To me it doesn’t make sense to start at .76 cents or $1.32 to take 15-20 years to wait for it to grow. IMO they need to start closer to their end goal…imo

MM: I do not disagree with that.

MZ: It looks like to me $1.32 is our worst case scenario.

Member: I think the Iraq rate will come out close to what Kuwaits rate is.

MM: Yes that is added value. Then if they add the international calculation it will bring them into article 8 complience with the IMF.

Member: It's moving forward! Very excited! If it isn't as high rate as we initially thought, It's Way more than I have right now! Still think it will go higher. Praise God!!

Member: Do we believe this will be released promptly or drawn out over weeks or months????

Member: Iraq is not the kind of place where you announce to the people that the currency is going to leap up soon, unless you're going to do that.

MZ: In Iraq I have numerous reports from contacts on the ground that the CBI has released a video in the last couple of days showing Iraqis how to put their old currency into the ATM so they can deposit money. Which to me is a great sign. This will make any value change much easier to do it electronically. .

MZ: MM any thoughts on timing? I believe things are spiraling towards the finish.

MM: Interestingly enough. After the release of that video….which I think was a good one….well in the comments it looks like there was a computer printout that shows or helps support the delete the zeros is now in preparation mode. The date on the printout was May 22, 2024.

MM: What was interesting about May 22 was Executive order 13303 was resigned . but no one knows exactly when this RV will happen.

MZ: Thanks MM for being with us here today.

Be sure to listen to the replay for all the details…….they both speak very fast.

Member: I saw an article where Vietnam is going cashless….Will this interfere with our RV?

MZ: No it will not. Many are trying to go cashless because it is efficient. But for me it is scary. What happens if technology goes down? Major power outages and the whole world is paralyzed.

Member: I went grocery shopping during a power outage.and they handed us a tablet and a pen and we wrote the prices down and they totaled it on a calculator at check out, BUT you had to pay either cash.

Member: If we go cashless, all big Bro has to do is flip a switch and your account is emptied. Then what do you do?

Member: Praying the CBDC’s fail and we get the QFS and new USN cash…..Cash is more secure then digital money…….but digital is convenient……a balanced system should use both.

Member: Small story: I talked to guy yesterday that was installing an ATM. I mentioned Bitcion on some machines. His are not. Asked they do foreign currencies. He replied, Dinar, no. It opened a great conversation.

Member: Global Economy on Edge: As Fears of a Dollar Crash and Black Swan Events Loom, Speculations of an Iraqi Dinar Revaluation Add to Market Uncertainty and Stir Financial Strategies

​​Member: Bank of England printing losses THREE times higher than FED!

Member: Everything will be returned 10 fold. Hang in there!. God is good. Stay strong!

Member: Have you accepted the fact you are very wealthy. what are you doing to prepare your mind, you are worthy and accepting of all the riches of this investment .

Member: This will be an epic 4th of July. Thanks to all today….great information.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.

Twitch: https://www.twitch.tv/theoriginalmarkz

Youtube: https://www.youtube.com/watch?v=L_oOcdcjjYg

Read More

Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

TNT:

CandyKisses: Demand to prevent the new American ambassador from entering Iraq

Information / Baghdad.

A member of the popular legal movement, Ahmed Shahid al-Shammari, called for preventing the new US ambassador Tracy Jacobson from entering Iraq because of what he described as her blatant interventions.

Al-Shammari said in an interview with the Information Agency that "the new US ambassador Tracy Jacobson is undesirable popularly, indicating that the blatant US interventions are aimed at destabilizing Iraq."

He added that "the US administration is still continuing its interference in the internal affairs of Iraq in various security, political and even economic fields, and is trying to use the file of terrorists again to provoke the Iraqi street," calling on the government to Prevent the entry of the new ambassador to Iraq and accept her as ambassador to her country in Baghdad.

Calls began to be made to the Iraqi Government and the Presidency not to accept Jacobson as the United States ambassador to Iraq because of her statements, which are blatant interference in the internal affairs of Iraq.

TNT:

CandyKisses: Demand to prevent the new American ambassador from entering Iraq

Information / Baghdad.

A member of the popular legal movement, Ahmed Shahid al-Shammari, called for preventing the new US ambassador Tracy Jacobson from entering Iraq because of what he described as her blatant interventions.

Al-Shammari said in an interview with the Information Agency that "the new US ambassador Tracy Jacobson is undesirable popularly, indicating that the blatant US interventions are aimed at destabilizing Iraq."

He added that "the US administration is still continuing its interference in the internal affairs of Iraq in various security, political and even economic fields, and is trying to use the file of terrorists again to provoke the Iraqi street," calling on the government to Prevent the entry of the new ambassador to Iraq and accept her as ambassador to her country in Baghdad.

Calls began to be made to the Iraqi Government and the Presidency not to accept Jacobson as the United States ambassador to Iraq because of her statements, which are blatant interference in the internal affairs of Iraq.

Tishwash: An “extraordinary” meeting of the armed factions in Iraq regarding the American presence.. What about the truce?

The "Iraqi Resistance Coordination Committee", which includes a number ofarmed factionsallied with Iran, announced the holding of a meeting, which it described as "extraordinary", to discuss the issue of the American presence in Iraq, as it confirmed its ability to end it "by all means" during the first meeting of its kind since the cessation of bombing operations and targeting of interests. The US has been in Iraq for more than five months, as the Iraqi arena is witnessing a calm state of security.

Since the beginning of last February, the "Iraqi Resistance" factions have entered into a truth with the American side following their assassination of the leader of the Iraqi Hezbollah Brigades,Abu Baqir al-Saadi, and no operation has been carried out against American interests Since that period, despite the continued activity of American aviation. Flying in Iraqi airspace, especially in Baghdad, Anbar, and the Kurdistan region of Iraq.

The Iraqi Al-Nujaba Movement, which is part of those factions, confirmed at the time that “societal, political and religious pressures” pushed for what it called “calm” with Washington, to pave the way “for the Iraqi government to take the initiative towards developing solutions to end the presence ofthe coalition.” internationalin the country. The leaders of the armed factions are awaiting the results of the work of the Iraqi-American Military Committee, which is responsible for assessing the field situation in Iraq and the threat of the terrorist organization ISIS, and setting a date for ending the presence of the international coalition.

In a statement, the first of its kind since the armistice, the coordination stated, last night, Wednesday, that it “held an extraordinary meeting to discuss events in the region in general and in Iraq in particular,” indicating that it discussed what it called “the opportunity that it gave the government - more than four months ago.” “Including scheduling the withdrawal of the American presence from Iraq.”

Criticism of the American presence in Iraq

She explained, "The attendees stressed the need to continue moving forward to achieve the country's autonomy, after the enemy's procrastination and stubbornness, so that it remains occupying our land, despising our skies, controlling the security and economic decisions, and interfering in Iraqi affairs with all reccklessness and arrogance, as if he does not know what awaits him after this opportunity," stressing that "The Iraqi people, their proud resistance, and loyal politicians, tribesmen, and people's representatives are able and determined to end this file and close it, using all available means, to restore security and stability, and achieve full autonomy.”

The “Coordination Committee” did not reveal a clear position regarding the truth or whether it was considering ending it, but a government source confirmed that “an agreement was made with the factions to stop all attacks until the file of the American presence in Iraq is resolved, which is the file that the Iraqi government and the American side are working on,” indicating. He told Al-Arabi Al-Jadeed, on the condition that his name not be mentioned, that “the facts had previously provided guarantees to the government not to violate the truth until the issue was officially resolved.”

The source confirmed that “to date, no notification has reached the government from the facts of their intention to carry out specific attacks, which means that the guarantees are still in place,” noting that “the government is following up on the file and will soon hold subsequent meetings with the American side in light of anticipated reports of the American-Iraqi Committee.” .

Iraq is an arena of conflict

The candidate to assume the position of US Ambassador to Baghdad, Tracy Ann Jacobson, said that “the militias allied with Iran are the main threat to Iraq,” as she stressed, in her opening speech before the Senate Committee on Foreign Relations, several days ago, the importance of enhancing stability, security, and independence. Iraq, considering that ISIS still poses a threat in the region, and that the US Army is still providing support to the Iraqi security forces.

Anne Jacobson also stressed the importance of Iraq strengthening its relations with its neighbors, and that “the presence of economic development, and a government capable of providing services to its people, reduces the attraction of terrorism” and also reduces the influence of militias allied with Iran, which she said “pose a great danger to the future of the country,” considering “Iran is a malicious actor inIraqand destabilizes the region,” she added, adding: “We realize that the main threat to Iraq is the militias allied with Iran.”

Talks between Baghdad and Washington began last January, less than 24 hours after threeAmerican soldierswere killed in an attack in Jordan. The United States said that it was carried out by extremist groups allied with Iran in Syria and Iraq, which prompted Washington to carry out retaliatory strikes in Iraq that resulted in the assassination of prominent leaders in the armed factions, which prompted them (the factions) and the political parties associated with them to escalate their demands to remove the coalition forces from... The country.

The first round of bilateral dialogue between Baghdad and Washington, which was held in Baghdad, on January 27, led to an agreement to form a joint military committee to review and end the coalition mission and move to bilateral security relations, in light of the widespread criticism against the American presence in Iraq. link

************

Tishwash: IBBC Conference: Much To Celebrate In Iraq As Energy Takes Centre Stage

IBBC's ( Iraq Britain Business Council) 15th Anniversary Conference. Much to celebrate in Iraq asenergytakes centre stage.

IBBC is celebrating 15 years in Iraq at a time when Iraq is moving into a new prosperous and stable era. IBBC Springconferenceat the Mansion House on 2nd July will reflect our members diversity and the modernisation that Iraq is currently experiencing.

With an expanding stableEconomyand a service sector growing at 6% pa, Iraq is diversifying beyond its core energy sector and opportunities to invest have rarely been so healthy.

Of note is the presence of key delegates:H.E. Hayan Abdul Ghani Al-Sawad,Deputy Prime Minister & Minister of Oil, Ministry of Oil,H.E. Mr. Ali Mohsin Ismail Al Alaq,Governor of the Central Bank of Iraq,H.E. Mr Asaad Al Eidani,Governor of Basrah,Dr Fareed Yasseen,Iraqi Climate Envoy,Eng Adil Karim, Deputy Minister of Electricity,KRG ministersand keynote address fromThe Rt Hon Lord Howell of Guildford.

The Iraqi economy is quietly diversifying, with the evolution of services, travel, tech, and retail sectors, but the dominantenergy sectoris also evolving, with new players technologies and climate reduction activities. Oil and Gas are still at the centre of this conference and Iraq's economy, with theIBBC Energy Panel,which see the big players in energy policy and practice includingDr Luay Al Khateeb, Centre on Global Energy Policy - Columbia University, Ms Dunia Chalabi, TotalEnergies, Mr Zaid ElyaserifromBP, Mr Andrew Wiper from Basra Gas Company,Mr Hasan HashmatfromHydro-CandMr Ellis Renforthfrom Wood Plc

IBBC as champions of best practice and the private sector publish special reports and white papers for reform, and this conference 'Insights and Opportunities'will launch our latest reports fromProfessor Frank Gunter,IBBC Advisory Council, on Foreign exchange, banking reforms and de-dollarisation: 'Two Cheers for Iraq: The Dinar - Dollar Exchange Rate Challenges' and a new report on emergent agricultural initiatives through IBBC'sAgritechcommittee with the Agriculture Minister.

Ministers will also address the procurement opportunities across $400bn Government investment in key sectors, agriculture, transport, infrastructure, and you will hear about regional development at special roundtables with KRG Ministers and the Governor of Basra.

Special education and skills sessions will follow two GOI MOU's with IBBC and last year's focus on integrating and adapting education skills and curriculum to the business requirements of a modern economy.

Transport too is booming, through the ports, where electronic trade has seen a 128% increase, and the dry canal project linking Basra to Turkey and the Mediterranean, silk road and European markets. The project will have profound impact on cities along the route and for both import and export trade. IBBC members CJ-ICM and Sardar Group will inform us of activities and the evolution of electronic and port management systems already in place (see our '23 report on ports ).

Opening the conference the President of the Confederation of British Industry (CBI)Rupert Soames OBEgives a keynote speech from the British industrial perspective, and as a previous member of IBBC is well placed to comment of UK's business relationship and opportunities with Iraq.

Delegates will always find significant networking opportunities and thereceptionon1st at the Mansion Housecelebrates IBBC's 15 years with a special exhibition on Gertrude Bell and our members activities, it's also the best informal networking opportunity among delegates, speakers and founder members and the chance to forge new friendships.

Iraq now enjoys a stable and focused government intent of reconnecting with the region, fiscal surpluses that are converting into new infrastructure projects, and a growing more prosperous population, keen for modernisation and the benefits of a consumer economy.

IBBCs membership matches this diversity, and the lineup of speakers and topics reflects today's Iraq. View the agenda here , and to register to attend the conference. We are certain there will be big demand for tickets register now to avoid missing out.

Join with us and share the insights and opportunities that a modern and stable Iraq now offers. link

Mot: Siiiiiiiiiiiggggggggghhhhhhhhhhhhhhh!!!!!

Dinar Recaps Blog Page — Dinar Recaps (5)

Mot: . And -- Just Like That!!!! Pooooooooooooooooof!!!

Dinar Recaps Blog Page — Dinar Recaps (6)

Read More

News DINARRECAPS8 News DINARRECAPS8

Iraq News Highlights and Points To Ponder Thursday AM 6-20-24

Kurdistan Federation: Legislating The Oil And Gas Law Will Resolve The Disputes Between Baghdad And Erbil

June 19 16:58 Information / private.. The spokesperson for the Patriotic Union of Kurdistan parliamentary bloc, Suzanne Mansour, said on Wednesday that legislating the oil and gas law would be sufficient to resolve the disputes and outstanding issues between Baghdad and Erbil.

Mansour said in an interview with the Maalouma Agency that the oil and gas issue has been stuck between Baghdad and Erbil for many years, noting that “recourse to the constitution lies in legislating the oil and gas law.”

Iraq News Highlights and Points To Ponder Thursday AM 6-20-24

Kurdistan Federation: Legislating The Oil And Gas Law Will Resolve The Disputes Between Baghdad And Erbil

June 19 16:58 Information / private.. The spokesperson for the Patriotic Union of Kurdistan parliamentary bloc, Suzanne Mansour, said on Wednesday that legislating the oil and gas law would be sufficient to resolve the disputes and outstanding issues between Baghdad and Erbil.

Mansour said in an interview with the Maalouma Agency that the oil and gas issue has been stuck between Baghdad and Erbil for many years, noting that “recourse to the constitution lies in legislating the oil and gas law.”

She added, "The draft oil and gas law is still with the government and we are waiting for the law to be enacted in the House of Representatives," noting that "approving the law would regulate the relationship between Baghdad, Erbil, and the oil-producing provinces."

She continued, "There is a committee formed by both sides in Baghdad and Erbil to solve all problems, including the oil and gas law." LINK

An Employee At The Agricultural Bank In Maysan Was Arrested And Seized 131 Million Dinars

Posted On 06-20-2024 By Sotaliraq The Federal Integrity Commission announced the implementation of an operation during which an employee at a government bank in Maysan Governorate was arrested for seizing an amount of 131 million dinars from one of the bank’s customers.

The Authority said in a statement that “the Authority’s Maysan Investigation Office formed a working team from its staff,” explaining that “the team that moved to the Agricultural Cooperative Bank / Maysan Branch was able to execute an arrest warrant for one of the employees because he, in collaboration with other employees of the bank, seized more than From (131) million dinars from a customer’s account in the bank.”

The authority added in its statement that “the process of withdrawing the amount from the customer’s current account at the bank took place without his knowledge, after forging his signatures and seizing his funds deposited for the accused’s account, in conjunction with other employees,” noting that “the process was carried out in accordance with the provisions of Article (316).” of the Penal Code.”

She confirmed that “a formal arrest report was prepared for the operation, and it was presented with the accused to the judge of the investigative court competent to look into integrity issues in Maysan to issue the appropriate decision.” LINK

A Reality That Cannot Be Hidden Behind... Everything About The Secrets Of Electricity And Its “Chronic Disease” In Iraq

Baghdad today - Baghdad Every summer season, Iraqis get used to facing the deterioration and failure of the electrical sector in Iraq, and while the matter was often justified by the lack of fuel and the interruption of Iranian gas, the deterioration of supply this season compared to the previous season increased the “puzzle” about the secret behind the deterioration of electricity, especially since gas Iranian production continues and current production is greater than last year's production, but the level of processing has declined.

"Baghdad Today" interviewed the current Undersecretary of the Ministry of Electricity and the former Acting Minister of Electricity, Adel Karim, about the secrets behind the deterioration of electrical equipment, and his speech was not devoid of "pessimism", and the reality imposed by the language of numbers that cannot be escaped or hidden behind.

Karim said in an interview with "Baghdad Today", "There are many reasons behind the poor quality of electricity supply, the most prominent of which is our inability to keep up with the increasing demand," noting that "the improvement in the living conditions in Iraq has caused the demand to increase annually by two thousand megawatts."

He explains, "In the past, the Iraqis relied on refrigerants, which at best did not draw more than 3 to 4 amps, while currently, due to the improvement in the living condition, they rely on splitters and refrigeration devices that consume about 12 amps."

Karim adds, “Iraq’s current production amounts to more than 25,000 megawatts, while the demand this year amounts to 50,000 megawatts to provide Iraqis with electricity for 24 hours,” noting that “the shortage amounts to 25,000 megawatts, meaning that the demand is twice the production.” currently".

He talks about starting a very ambitious program represented by building thermal, combined and gas stations and repairing the stations that were damaged in the battles of the terrorist ISIS.

While all of these problems are not new, but rather old, Karim adds, regarding the direct cause behind the latest crisis during this summer, by saying: “It came because of the distribution networks, as the feeders began to operate beyond their capacity, as the feeder previously had a load of 5 megawatts. But due to urban development, expansion, and building construction, nutrients began to be unable to keep up with this expansion, and we now have major problems with these nutrients.”

In addition, he points out that “at the beginning of summer, many units and lines were disconnected due to high temperatures, and we had many of these problems.”

Regarding the impact of summer, Karim explains, “In the times of the spring and autumn equinox, our need ranges between 11 and 14 thousand megawatts only, but in the summer it jumps to 50 thousand megawatts.”

Karim does not blame the citizen alone for using “splits,” noting that “climate change plays a major role in the expansion of the use of air conditioning devices, as Iraq is the fifth country most affected by climate change around the world.”

The Undersecretary of the Ministry points out that the delay and non-approval of budgets in 2020 and 2022, and the absence of investment budgets, led to a delay in the Ministry’s plans to keep pace with demand and stopped many projects to increase production, in addition to the ISIS war, as the terrorist organization caused Iraq to lose approximately 6 thousand megabytes. Watts of production, but now work is underway in Baiji, Anbar, and the thermal stations in Mosul, Akkaz, and Kirkuk.”

Regarding the crisis of the fuel needed to operate the stations, which is gas, Karim explains that Iraq is a country rich in liquid fuel, so the trend is now towards building thermal stations, not gas, and in the coming years they will enter service, which contributes to production not being affected if the imported gas stops. LINK

Jacobson, “Professor” Romanowski... A Clear Expression Of A “New American Strategy” In Iraq - Urgent

Baghdad today – Baghdad Today, Wednesday (June 19, 2024), political affairs researcher Muhammad Ali Al-Hakim revealed the most prominent tasks of the new American ambassador to Iraq, Tracy Jacobson, during the next phase, confirming the existence of a new strategy for the American administration in the country .

Al-Hakim said in an interview with “Baghdad Today” that “the tension and attraction between the new American Ambassador Extraordinary in Iraq, Tracy Jacobson, on the one hand, and the factions, on the other hand, confirms the existence of a new strategy for the American administration in Iraq, and Jacobson is of higher rank and experience than Romanowski (the current ambassador) and will be.”

Ambassador extraordinaire, meaning she has the freedom to make decisions without referring to Washington, and she also has the right to conclude agreements in the name of the state.

Specifically, Jacobson served in the White House and also contributed to drawing important strategies related to American national security and the president’s decisions. She is considered a mentor to former American Ambassador Romanski in terms of Work, experience and powers assigned to it.”

He explained that "Washington's goal to appoint such an ambassador, in this sensitive circ*mstance, carries with it many hidden and encrypted messages and connotations that will become clear little by little in the Independent, the most prominent of which is targeting armed factions and curbing the parties that stood in opposition to the Iraqi governments and that targeted American interests and to limit their activities in the region." Specifically in Iraq."

He added, "Washington also wants to limit the activity of armed factions externally, which have become a source of nuisance to the Israeli entity, as well as target Iranian interests in Iraq, the real supporter of the factions, and completely stop Iranian activity and target Iran's allies in order to be a card for US President Biden to maneuver with during the US elections."

After the normalization card between Saudi Arabia and Israel, as well as the peace process and the two-state solution (Israel and Palestine) in the near future, have disappeared.”

The speech of US Ambassador Tracy Jacobson, who will soon be appointed to Iraq, sparked a governmental and political reaction because of its “determination” to overthrow Iranian interests in the country, starting with energy and ending with support for armed factions. LINK

Provoking Thoughts and Points To Ponder On Adversity:

I think my biggest achievement is that after going through a rather difficult time, I consider myself comparatively sane. I'm proud of that. -Jacqueline Kennedy Onassis

To be tested is good. The challenged life may be the best therapist. -Gail Sheehy

I think hearts are very much like glasses - if they do not break with the first ring, they usually last a considerable time. -L. E. Landon

Your first big trouble can be a bonanza if you live through it. Get through the first trouble, and you'll probably make it through the next one. -Ruth Gordon

Calamity is the test of integrity. -Richardson

The secret of a leader lies in the tests he has faced over the whole course of his life and the habit of action he develops in meeting those tests. -Gail Sheehy

http://famousquotesandauthors.com/topics/adversity_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.htm

Read More

Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Giving Your Kids a Living Inheritance? Why It Might Be Necessary With Today’s Cost of Living

Cynthia Measom Tue, June 18, 2024

Depending on their goals, wealthy parents or grandparents may opt to give a living inheritance instead of waiting until they die to pass on their assets.

Dana Blue, Esq., an experienced estate planning attorney at Dana Blue Law, explained that a living inheritance — also known as an accelerated inheritance — means giving some of your money or assets to your family while you’re still alive, rather than waiting until after you’re gone.

“It’s like helping them out when they need it, whether it’s for buying a house, starting a business or paying for education,” she said.

Giving Your Kids a Living Inheritance? Why It Might Be Necessary With Today’s Cost of Living

Cynthia Measom Tue, June 18, 2024

Depending on their goals, wealthy parents or grandparents may opt to give a living inheritance instead of waiting until they die to pass on their assets.

Dana Blue, Esq., an experienced estate planning attorney at Dana Blue Law, explained that a living inheritance — also known as an accelerated inheritance — means giving some of your money or assets to your family while you’re still alive, rather than waiting until after you’re gone.

“It’s like helping them out when they need it, whether it’s for buying a house, starting a business or paying for education,” she said.

Understanding more about why a living inheritance may be helpful to your loved ones and its pros and cons helps you decide if it’s the right choice for your financial planning.

Are More People Opting To Give a Living Inheritance?

“In my job as an estate planning attorney in Philadelphia, I’ve noticed more families considering this option lately,” Blue said. “With today’s high costs of living and uncertain economic times, many people see it as a better way to provide financial support when it can make the most difference. It’s about directly impacting and easing financial worries during important milestones.”

“Several factors contribute to the growing necessity of living inheritances today,” said Marty Burbank, an expert in estate planning and elder law and owner of OC Elder Law. “One key reason is the rising cost of living and education expenses that younger generations face. Additionally, witnessing their descendants benefit from their financial support and ensuring that assets are transferred tax-efficiently are strong motivators for benefactors.”

Why Might a Living Inheritance Be More Necessary Now?

https://www.yahoo.com/finance/news/giving-kids-living-inheritance-why-130019103.html

Read More

Dinar Recaps Blog Page — Dinar   Recaps (2024)
Top Articles
Latest Posts
Article information

Author: Van Hayes

Last Updated:

Views: 5637

Rating: 4.6 / 5 (46 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Van Hayes

Birthday: 1994-06-07

Address: 2004 Kling Rapid, New Destiny, MT 64658-2367

Phone: +512425013758

Job: National Farming Director

Hobby: Reading, Polo, Genealogy, amateur radio, Scouting, Stand-up comedy, Cryptography

Introduction: My name is Van Hayes, I am a thankful, friendly, smiling, calm, powerful, fine, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.