Dinar Recaps Blog Page — Dinar Recaps (2024)

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FRANK26….6-27-24……CHANGES!!!

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163 PIN: 156996#

https://www.youtube.com/watch?v=GbX_Ylva8e4

Global Economic News from the Seeds of Wisdom Team Newshounds Thursday Evening 6-27-24

Good Evening Dinar Recaps,

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Newshound'sDaily Breakdown Podcastfor June 27, 2024

MP3 Here

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100 Ways To Live a Rich Life in Retirement — Without Spending All of Your Savings

Preston Hartwick Tue, June 25, 2024

You may have more free time when you retire, but retirement certainly isn’t free.

Around half of retirees report that their overall spending is higher than they anticipated, according to the Employee Benefit Research Institute. At the same time, the top concern of retirees is that the increased cost of living is making it harder to save money.

Ideally, you’ll have started preparing for retirement well before you hit the magic number. But even if you haven’t saved as much money as you would have liked, there are a multitude of ways to make your savings last.

While you may not be able to eat out at fancy restaurants every night or take big vacations every year, you can still live a rich, fulfilling life on a modest budget. Being smart with your money and taking advantage of free activities and experiences are keys to maintaining a satisfying lifestyle and healthy bank account balance.

Design Your Ideal Lifestyle

Before you make all the small decisions that will affect your quality of life in retirement, you need to take a step back and think about the big picture. How would you design your ideal life, within reason, given your current finances?

How do you envision your post-working life? Is it filled with new experiences, activities and travel to exotic locations? Or is it simpler, quieter and closer to home? Do you dream of moving to a sunnier climate, or would you want to downsize to a smaller house?

You don’t have to stick to your initial vision forever, but it’s helpful to think through your standard of living before planning your budget, as it will inform your purchasing decisions and lifestyle choices.

Know the 4% Rule

One common calculation for estimating how much money you’ll need in retirement is known as the 4% rule. This generalized guideline suggests that you should spend roughly 4% of your retirement savings every year if you expect your savings to last 30 years.

For example, if you have a retirement fund of $750,000, you could take out $30,000 as your budget for the first year. The next year, multiply that $30,000 by the inflation rate to find your annual budget.

Of course, this is more of a suggestion than a rule. Your individual circ*mstances will vary, but you can use this calculation as a starting point for thinking about your retirement budget.

Make a Budget and Stick to It

Budgeting is the key to saving money. Start by listing groceries, rent, insurance, utilities and other essentials. Then, review your past spending to see how much you typically spend on other expenses. Don’t forget to factor in taxes and annual inflation rates, and include room in the budget for fun and relaxation.

Currently, Social Security retirement benefits average $1,867 per month. Calculate how this will impact your budget and see whether you can cut down spending in nonessential areas.

Trick Your Mind Into Saving by Paying Yourself a Salary

To Read More:

https://finance.yahoo.com/news/100-ways-live-rich-life-213005303.html

Thoughts From Holly: 6-27-2024

Hi everyone, I haven’t done a post about the RV in so long because it’s been wash, rinse, repeat forever..

I hear all the chatter that everybody hears but until I know that the codes have been entered all the chatter is the same that it’s always been and it’s no use reporting on that.

A friend of mine said you’ve been quiet for so long people have forgotten about you ha ha. What can I tell you because I know many are losing hope as this drags on.

1. based on Iraq’s progress things are definitely on track to being done.

2. based on the global situation, it’s heightened to a level that we are seeing the destruction of the old guard.

3. there is so much mis-direction. Mis-‘information at a very fast pace that it’s very confusing.

Holly Cont…….

4. they will never ever tell us what they are going to do, when they’re going to do it, or how they’re going to do it.

5. All we can do is sit back and wait for this to happen and live your life until it does.

6. This is the most important, don’t stop living your life till this happens. Continue living your life.

7. I see a culmination of this sometime this summer and it could go now or it could be later, no one and I mean no one will know when.

8. We are definitely in the end time of all of this.

-Holly

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

Frank26 Question "What does the 'coming period' mean in Iraq time?" It means in the near proximal future. It means within arms reach. It means it's already happened...or they never would have telegraphed it the way they're doing now. That's just the way the Middle East is.

Frank26 [Iraq boots-on-the-ground report] FIREFLY:
How can Sudani say again today the dinar is worth more than the dollar, yet it's still 1320? My bank guys says, simple. All these contracts and agreements with other countries is with dinar at a new rate which they are operating it without nobody else's knowledge...it has to be that, no other explanation.

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TNT:

Tishwash: The President of the Republic approves the 2024 budget schedules

Today, Thursday, President Abdul Latif Rashid ratified several laws, including the 2024 budget schedules.

The Presidency of the Republic stated in a statement received by {Al-Furat News}, that “The President of the Republic, Abdul Latif Rashid, ratified a number of draft laws, which are the schedules of the Federal Budget Law for the year 2024, the first amendment to the law against prostitution and hom*osexuality, and the law extending the work of the Independent High Electoral Commission.”

And the first amendment law to the law regulating the rent of agricultural lands and ownership of the right to dispose of them for agricultural and veterinary graduates.”

She added, "The laws were sent after their approval by the President of the Republic for publication in the Iraqi newspaper Al-Waqa'i to enter into force."

The Presidency of the Republic confirmed that it is “moving forward in supporting legislation and laws that are in the interest of the country and citizens, by approving the laws approved by the House of Representatives, as well as by submitting draft laws by the Presidency of the Republic to the House of Representatives for the purpose of discussing and approving them.”

link

A different version

Today, Thursday, President Abdel Latif Gamal Rasheed approved a number of laws, including the 2024 budget schedules.

The Presidency’s Media Department said in a statement received by Al Sa’a, “The President of the Republic ratified a number of draft laws, which are the schedules of the Federal Budget Law for the year 2024, the first amendment to the law against prostitution and hom*osexuality, the law extending the work of the Independent High Electoral Commission, and the amendment law.” The first is a law regulating the rental of agricultural lands and granting the right to dispose of them for agricultural and veterinary graduates.”

She added, "The laws were sent after their approval by the President of the Republic for publication in the Iraqi newspaper Al-Waqae' to enter into force."

On the 14th of this month, the House of Representatives sent the decision to approve the 2024 budget schedules to the Presidency of the Republic for approval.

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The Stock Market WILL CRASH 80% OR MORE. Extreme Distortions. IMPORTANT UPDATES.

Greg Mannarino: 6-27-2024

https://www.youtube.com/watch?v=hbOllNxi4xg

FIVE STAGES of Denial During Economic Collapse

Taylor Kenney: 6-27-2024

Taylor Kenney uncovers The 5 Stages Of Denial that people face during an economic collapse, inspired by Brandon Smith's insightful article. Learn why mainstream experts often overlook critical warning signs and how you can stay ahead of the curve.

This engaging discussion not only breaks down the psychological barriers to accepting financial reality but also empowers you with the knowledge to safeguard your future.

Thank you, Brandon Smith from Alt-Market.us, for allowing us to use this article to create this video. You can find the original article here: https://alt-market.us/the-five-stages...

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

Global Economic News from the Seeds of Wisdom Team Newshounds Thursday Afternoon 6-27-24

Good Afternoon Dinar Recaps,

WEF regards Việt Nam as a model of robust developing economy

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Read more:IMF

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Read more:Oil Price

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Iraq Economic News and Points To Ponder Thursday Afternoon 6-27-24

Will Gold Reach $3,000 Per Ounce Soon?

Money and business Economy News - follow up Recent analysis by Bank of America shows that “gold prices could rise to $3,000 per ounce over the next 12-18 months.”

The investment bank noted that in 2023, investor demand for gold increased significantly: the accumulation of private bullion and their purchase by central banks accounted for 49% and 43% of purchases, respectively.

However, leveraged ETFs such as the SPDR Gold Trust have seen a decline in assets under management, slowing aggregate demand growth.

Central bank purchases remain a crucial factor in supporting gold prices. While the latest survey conducted by the World Gold Council indicates the continued need for gold among monetary authorities. Views 72 Added 06/27/2024 - https://economy-news.net/content.php?id=44670

Iraq Sells 104 Million Barrels Of Oil During May

Economy | 06/27/2024 Baghdad - Mawazine News The Ministry of Oil revealed, today, Thursday, the proceeds of Iraq’s oil exports during the month of May.

The Ministry stated in a brief statement received by Mawazine News, that “the total oil exports achieved for the month of May, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), amounted to (104) million and (130) thousand and (292) barrels.” https://www.mawazin.net/Details.aspx?jimare=250349

Oil Prices Fell Due To Fears Of A Slowdown In Demand

Energy Economy News _ Baghdad Oil prices fell in early Asian trading, Thursday, after a sudden increase in US inventories reinforced fears of a slowdown in demand in the largest oil consumer, but concern that any possible expansion of the Gaza war could disrupt Middle East supplies limited the declines.

Brent crude futures fell 30 cents, or 0.4 percent, to $84.17 per barrel by 0028 GMT. US West Texas Intermediate crude futures also fell 32 cents, or 0.4 percent, to $80.58 per barrel.

The two benchmarks had recorded a slight increase at settlement yesterday, Wednesday.

The US Energy Information Administration announced that the country's crude oil inventories rose by 3.6 million barrels last week, which surprised analysts polled by Reuters who expected a decline of 2.9 million barrels.

Gasoline stocks in the United States also increased by 2.7 million barrels, compared to analysts' expectations of a decrease of one million barrels.

In the Middle East, escalating cross-border tensions between Israel and the Lebanese Hezbollah group in recent weeks have exacerbated fears of an all-out war between Israel and Hezbollah. 06/27/2024 - https://economy-news.net/content.php?id=44660

Dollar Prices Against The Dinar In The Markets Now

Economy | - 06/27/2024 Baghdad - Mawazine News The exchange rates of the dollar against the dinar witnessed a slight decline in the markets today, Thursday.

Selling prices in banking shops decreased in the local markets in Baghdad to 148,000 dinars, while purchasing prices reached 146,500 dinars for every 100 dollars.

As for Kurdistan, selling prices reached 147,000 dinars, while purchasing prices were 146,500 for every 100 dollars. https://www.mawazin.net/Details.aspx?jimare=250331

How Much Did The Central Bank Sell For The Dollar At Today's Auction?

Economy | - 06/27/2024 Baghdad - Mawazine News The Central Bank of Iraq revealed, today, Thursday, its sales of the dollar in the currency auction.

According to the bank’s data, the total internal cash withdrawals amounted to $25,580,000, while the total amounts of transfers abroad, which include transfers and credits, amounted to $250,418,667, while the total sale amounted to $275,998,667. https://www.mawazin.net/Details.aspx?jimare=250344

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

Provoking Thoughts and Points To Ponder On Adversity:

Americans are like a rich father who wishes he knew how to give his sons the hardships that made him rich.-Robert Frost

I would never have amounted to anything were it not for adversity. I was forced to come up the hard way.-J. C. Penney

Adversity introduces a man to himself.-Anonymous

I thank God for my handicaps for, through them, I have found myself, my work, and my God.-Helen Keller

When one's own problems are unsolvable and all best efforts are frustrated, it is lifesaving to listen to other people's problems.-Suzanne Massie

This struggle of people against their conditions, this is where you find the meaning in life.-Rose Chernin

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

http://famousquotesandauthors.com/quotes_by_topic.html

In This Article:

1. Japan Government Prepares for Massive Yen Intervention

2. Impact on Gold, Oil, and Bond Markets

3. Concerns Over Global Financial Contagion

4. Expert Opinions on the Yen’s Future

The Japanese yen has tumbled to its weakest value since 1986 following comments from Japan’s Vice Finance Minister Masato Kanda. This historic decline comes despite government recent efforts to stabilize the currency, raising concerns about a global financial contagion.

He reassured the public that the government is closely monitoring the market with a high sense of urgency.

Kanda emphasized that all necessary actions would be taken against any excessive movements, though he refrained from commenting on whether the current situation qualified as excessive.

Earlier statements by Kanda indicated that Japanese authorities were ready to intervene in the currency markets at any time. Finance Minister Shunichi Suzuki echoed this sentiment, stating that all possible measures would be taken to manage market developments.

Despite these reassurances, the yen’s value continued to slide, prompting further market volatility.

Pic 2

Yen Plummets to Historic Level Today: Rising Above 160 Yen to the US Dollar

The stronger dollar has triggered significant selling in gold, oil, and treasury bonds. Investors are reacting to the uncertainty and potential for further market disruptions, resulting in increased volatility across global financial markets.

Gold, traditionally seen as a safe-haven asset, saw its value drop as the dollar strengthened.

Similarly, oil prices were impacted, with fears of a broader economic slowdown weighing on demand.

The bond market also experienced turbulence, with Japanese interventions reportedly funded through the sale of US treasuries.

Concerns Over Global Financial Contagion

The continued weakening of the yen has sparked fears of a broader global financial contagion.

Japan’s extensive, but unsuccessful interventions in the currency market have raised eyebrows internationally, particularly in the US.

The US Treasury Department recently added Japan to its “monitoring list” for foreign-exchange practices, reflecting growing concern over the potential impacts of Japan’s actions on global markets.

Experts worry that a collapse of the yen could trigger a domino effect, destabilizing other currencies and markets worldwide.

The inter-connected nature of global finance means that significant movements in one major currency can have far-reaching consequences, including leading to a global financial crisis.

Despite these differing views, the consensus remains that the yen’s path forward is fraught with uncertainty.

The government’s current measures appear woefully insufficient to stem the tide, and further much more drastic interventions will be necessary to prevent a complete collapse of the Yen.

As fears of a global financial contagion grow, the yen’s future remains uncertain, with increasing ramifications for markets and economies worldwide.

Contributing article:https://www.zerohedge.com/markets/yen-tumbles-1986-lows-after-japanese-currency-chief-comments-gold-oil-bonds-dump

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In This Article

• Pope Francis’ urgent appeal to global finance ministers and economists

• The need for a new international financial architecture

• The 2025 Jubilee Year as a catalyst for debt relief

• Insights on the pope’s economic perspective

As the global fiat currency debt system faces undeniable collapse, Pope Francis has made a powerful appeal supporting international mechanisms for debt relief ahead of the Vatican’s 2025 Jubilee Year.

He lamented that poorly managed globalization has deprived millions of a dignified future.

In order to try to break the debt-financing cycle, it is necessary to create amultinational mechanism, based on the solidarity and harmony of peoples, that takes into account the global nature of the problem and its economic, financial and social implications.
Pope Francis, June 5th 2024

“We find ourselves facing a debt crisis that mainly affects the countries of the south of the world, generating misery and anguish, and depriving millions of people of the possibility of a dignified future,” said Francis on June 5. “Consequently, no government can morally demand that its people suffer deprivations incompatible with human dignity.”

The pope called for a new international financial architecture to break the financial-debt cyclethat has contributed to a current global debt now estimated at $313 trillion.

He is likely referring to and putting his support behind the ongoing BRICS+ development of a new gold-backed currency and financial systemwhen he speaks of the “Global South.”

Organized by the Pontifical Academy of Social Sciences, the conference included some 50 finance ministers, economists, and international development agency heads.

The meeting comes as major legislation is being considered in New York and the United Kingdom on sovereign debt restructuring.

It occurs at a time when both church leaders and development groups are pushing for greater foreign debt relief,coinciding with the upcoming 2025 Jubilee Year, a once-every-quarter-century event that includes the Biblical tradition of forgiving debts.

“For this reason, dear friends, the Holy Year of 2025, to which we are heading, calls us to open our minds and hearts to be able to untie the knots of the ties that strangle the present, without forgetting that we are only custodians and stewards, not masters,” Francis told conference participants.

LeCompte, who attended the Vatican conference, noted that “secular institutions are aware that 2025 is a Jubilee Year” and are interested in using it to push new policies for a better global financial model.

“Debt can no longer be disconnected from the broader economic stability of nations,” said LeCompte. He believes that the pope has always understood this connection, as evidenced by his proactive stance on economic reform.

“The north really owes a debt to the south because we took all of their resources and fueled industrialization,” he said. “We took from them and now we owe them a debt to be able to ensure their economic stability.”

The Impending Collapse of the Fiat Currency System

In his June 5 remarks to economists and financial leaders, Francis emphasized the need for a multinational mechanism for dealing with debt to counteract an “every man for himself” attitude, where “the weakest always lose.”

According to LeCompte, what the pope is really demanding is a “global transformation of our financial system” to address the collapse of the current fiat currency debt system.

While Francis is building on the teachings of Popes John Paul II and Benedict, LeCompte pointed out that Francis speaks from direct experience, having faced long-standing economic crises during his time as Archbishop of Buenos Aires.

“He stared down the barrel of a gun from these vulture funds in Argentina … and led his country through the greatest economic crisis the country had ever faced,” said LeCompte. “He has a direct understanding of these issues, saw what they did and saw what inequities in the financial system do to developing countries.”

His emphasis on the interconnectedness of global financial stability highlights the moral imperative for global financial leaders to act.

The ongoing collapse of the global fiat currency debt system underscores the urgency of his appeal, as the world can no longer deny or wish away these critical issues.

The BRICS+ development of a new gold-backed currency and financial system offers a tangible solution, aligning with the pope’s vision for the future.

Contributing article:https://www.ncronline.org/vatican/vatican-news/ahead-2025-jubilee-pope-francis-rallies-global-finance-heads-back-debt-relief

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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 and Zester. 06/27/2024

GOOD MORNING, EVERYONE!! IT IS A GREAT DAY TO BE ALIVE, AND WATCH THE EXCITING EVENTS UNFOLD BEFORE OUR EYES!! GOD BLESS!!

Member: News is sounding pretty good, but as always, staying grounded

Member: News is always good…It’s the action that is lacking

​​Member: I hope everyone has a spectacular day. Change is coming...

Member: Mark, Tony says rate of $28.50? True of false?

MZ: I Hope Tony is right. That rumor has been around a very long time that the first 10million could be $28.50. I’m not looking for it…but hope he is right.

Member: Was the new rate posted in the Iraqi Gazette yesterday?

MZ: My Iraqi contacts say there was not a rate in the Gazette yesterday. They expected to see a rate posted there yesterday but there was not one according to 3 sources on the ground there. They still expect to see the rate in the month of June and we have a few days left.

MZ: the chatter is screaming “now” and I continue to hear from bankers to watch for it between July 4th to the 8th. Some outliers say maybe the 12th through the 14th.

MZ: Iraq has been very clear that they are moving toward that direction. I can’t imagine they would keep all that security stationed at ATMs around the country for long. I look for something to happen sooner rather than later.

Member: The HCL law has not passed. We may still be waiting awhile.

MZ: HCL is about as ready as they can get it. I think they are prepared and just waiting on the US.. That is what I heard from Treasury sources. That they are waiting for the “go” to support their rate change. But I think we are stinking close.

Member: I don’t understand why does Iraq need our permission to go if they are sovereign?

Membr: So we are still looking for HCL law, A new rate, A new financial system with new gold/asset backed currencies worldwide……that’s a lot of things we have no proof of yet. …..

Member: Unless Iraq is just going alone….then we just need the new rate and HCL can go at the same time.

Member: If Iraq goes alone…I still think the rest of the world will follow shortly afterward.

Member: what are your thoughts about truthers saying it's not time for the rv yet because there is no mechanism in place to put the funds into since the qfs block chain isn't done yet?

Member: I don’t think we even know if the QFS is even real or another Dinarland story?

Member: I guess we are all feeling frustrated hearing the same thing month after month. at the end of the month they say mid month then end then mid until months and years go by.

Member: The end of the Roller Coaster Ride is the most exhilarating! Hang-on and have fun - no matter what!

Member: Please everyone pray and stay positive keep our energies high, we are almost there and it has been a long journey for everyone.

Zester joins the stream today . Please listen to the replay for his information and opinions

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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.

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Iraq News Highlights and Points To Ponder Thursday AM 6-27-24

What Is The Importance Of Iraq Joining International Agreements?

Money and business Economy News – Baghdad Today, Wednesday, the head of the National Investment Authority, Haider Makiya, stressed the importance of Iraq joining international agreements to enhance the investment sector, pointing out that Iraq has provided real guarantees to attract foreign investments.

Makiya said, in his speech, during the launch of the National Investment Commission conference in cooperation with the United Nations Development Programme, that “Iraq’s accession to the International Settlement Agreement resulting from international mediation and disputes that was signed in 2024, will contribute to achieving the goals of sustainable development and encouraging the increasing use of international mediation as a means.”

Effective for settling cross-border disputes, for the purpose of maintaining trade and investment relations between the parties involved in the investment process.”

He added, "This agreement has a pivotal dimension, foremost of which is finding an alternative method to litigation procedures before international arbitration bodies in disputes arising from investment, especially since Iraq joined in 2015 the International Center for the Settlement of Investment Disputes between States and Citizens of Other Countries, and this "It will give foreign investors the right to resort to the Washington Center."

He continued, "Also, the Republic of Iraq's accession to the New York Convention on the Recognition of Foreign Judgments of 1958 means completing all the legislative environment necessary to provide real guarantees and protection for foreign investors, and this will positively reflect on attracting foreign capital to Iraq, which aims at the process of construction and reconstruction, and will raise Iraq's classification."

He explained, "This agreement enhances the Iraqi investment reality, because it includes many international and qualitative strategic investment opportunities that impose contracts with specialized foreign companies for investment purposes

This requires Iraq to provide legal protection to those companies by resolving disputes in the event that they arise from investment contracts that It is imposed by state institutions on these companies, which prefer to resort to international arbitration to guarantee their rights, as stipulated in Article 27 of Investment Law No. 13.

He pointed out, “Iraq’s accession to the International Mediation Agreement (Singapore Agreement) is necessary to attract foreign investments and achieve intended development, especially in light of Iraq’s transformation and dependence on a free market economy.

This agreement will also create a legal framework that allows reliance on agreements.” The settlement resulting from mediation is easily implemented by all countries.”

Makkia stressed that "the legal department at the National Investment Commission and the investment authorities in the governorates will work to include international investment contracts based on mediation mechanisms in disputes related to investment before resorting to international arbitration, which will send a message of reassurance to foreign investors and foreign companies to proceed with resolving disputes related to these contracts, in an easier way than entering into international commercial arbitration procedures."

He pointed out that "the Republic of Iraq's accession to the International Commercial Arbitration Convention and the Singapore Mediation Convention, in addition to concluding many agreements to encourage and protect mutual investments between Iraq and many international countries, made Iraq occupy the fourth place in the classification of foreign direct investment."

And the best emerging markets to invest in 2024.”

He stressed that "the noticeable improvement in the investment climate in Iraq comes as a result of the government's efforts to enhance the economic and investment sector, in attracting foreign investments," calling on foreign companies, foreign investors and businessmen to "visit Iraq to learn about the investment opportunities included in the investment map,

and to attend the Iraq Investment Forum that will be held next November, which will launch more than 100 investment opportunities with complete approvals, and to see the advantages and guarantees that the investment law will provide to investors." Views 42 06/26/2024 - https://economy-news.net/content.php?id=44638

Haider Makiya: Iraq Is An “Important Destination” And We Are Witnessing An Improvement In The Investment Climate

The first 06/27/2024 The head of the National Investment Commission, Haider Makkiya, stated that the improvement in the investment climate inside Iraq reflects the government efforts made to strengthen the economic and investment sector, while he stressed that Iraq has become an important investment destination in the region.

The National Investment Commission organized a conference attended by Al-Sabah yesterday, Wednesday, under the title of mediation “New Horizons” to facilitate business and retain investors in Iraq.

Makiya explained, in his speech, that the conference aims to introduce the importance of Iraq’s accession to the international settlement agreement resulting from mediation (the Singapore Agreement), as the accession document was signed last April in New York City in coordination with the Iraqi representation at the United Nations in conjunction with the visit of the Prime Minister. To Washington.

He added that the agreement contributes to achieving sustainable development goals and encouraging the increasing use of international mediation as an effective means of settling cross-border disputes with the aim of maintaining commercial relations between the parties involved in the investment process.

For his part, the representative of Prime Minister Nasser Al-Asadi stressed the importance of the agreement that keeps disputes away from complex judicial procedures at a time when we are witnessing important achievements on the economic level through the projects implemented and being completed.

Al-Asadi explained that the agreement is an important instrument to enhance trade and provide a special framework to enhance investments and aims to find a consensual formula without imposing a decision on the opponents.

As for the European Union Ambassador, Thomas Seiber, he said: We seek to grow and develop the economy, and we welcome the initiative of Prime Minister Muhammad Shiaa Al-Sudani, and we find that the signing of the agreement is important and enhances Iraqi economic capabilities. He explained that we are working with the government to create a safe climate to attract investments that achieve sustainable development, pointing out the importance of strengthening Iraqi international relations and that adopting international agreements in Iraq encourages the global economic community to enter Iraq.

The United Nations Resident Representative in Iraq, Oba Lats, explained the importance of the agreement, which comes from the fact that it is concerned with investment and resolving disputes in a quick and uncomplicated time and is low-cost by adopting mediation in a way that suits the interests of investors. https://alsabaah.iq/98637-.html

A New Decline In The Dollar Against The Iraqi Dinar In Baghdad

Market Economy News _ Baghdad The exchange rate of the US dollar against the Iraqi dinar fell on Thursday morning in the markets of Baghdad and in Erbil, the capital of the Kurdistan Region.

Dollar prices recorded a decline with the opening of the Al-Kifah and Al-Harithiya stock exchanges, recording 147,150 dinars for every 100 dollars, while yesterday, Wednesday, they recorded 147,650 for every 100 dollars.

Selling prices in banking shops witnessed a decline in the local markets in Baghdad, where the selling price reached 148,250 dinars, while the purchasing price reached 146,250 dinars for every 100 dollars.

Views 65 Added 06/27/2024 - https://economy-news.net/content.php?id=4466

Iraq's Oil Exports Exceeded 100 Million Barrels In May

2024-06-27 Shafaq News/ The Ministry of Oil announced, on Thursday, the total oil exports achieved for the month of last May, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO).

She said in a statement, received by Shafaq News Agency, that the amount of crude oil exports amounted to (104) million, (130) thousand, and (292) barrels.

The statistics indicated that the total quantities of crude oil exported for the month of May from the oil fields in central and southern Iraq amounted to (104) million, (130) thousand, and (292) barrels. LINK

Al-Atwani Calls For Reforming The Tax System In Iraq

Economy , 06/27/2024 Number of readings: 132 Baghdad - Iraq Today: Chairman of the Finance Committee, Atwan Al-Atwani, stressed the need to develop the tax work system and keep up with activities, to contribute to increasing non-oil resources. He also discussed how to provide an environment that helps contribute to increasing income and supplying the general budget with non-oil resources.

The Media Department of the House of Representatives stated in a press statement, “The Chairman of the Finance Committee, Eng. Atwan Al-Atwani, in the presence of Representative Mustafa Al-Karawi, a member of the committee, received the German Agency for International Cooperation (GIZ) project FFM Strengthening Public Financial Management with the support of the German government and the European Union.

The Chairman of the Committee stressed the need to develop the tax work system and keep pace with activities, to contribute to increasing non-oil resources, given that the state relies heavily on oil resources.

For his part, Mustafa Daoud Salman, the agency's representative, spoke about the importance of sustainable financing and following a specific methodology in the tax system and its implementation mechanism, in addition to taking into account the structural structure of tax work, in terms of providing services in exchange for imposing taxes. How to provide a conducive environment to contribute to increasing income and supplying the general budget with non-oil resources was discussed, in accordance with tax standards followed in the world. LINK

Parliament: Amending the investment law will reflect positively on the future

Iraq 06/27/2024 The Investment and Development Committee in the House of Representatives intends to amend the Investment Law, which will reflect positively on this sector.

Committee member Mohammed Al-Ziyadi told Al-Sabah: This law is an important law, as it enables the legislative and executive authorities to provide what is best for this sector, noting that the issue of replacing heads of investment bodies is a matter that falls under the governorate councils.

He added that the legislative authority must implement the tasks of local governments stipulated in the governorate councils law, in addition to the fact that the constitution has fully clarified the tasks and powers of local governments, and therefore what concerns these governments is their own business.

Al-Ziyadi pointed out that the last stage witnessed the absence of the role of the local government, and timid follow-up by the members of the House of Representatives after the task was entrusted to them, but now the law must be implemented in its entirety and the local councils must present something to their people in all governorates and what they deem appropriate by changing or continuing regarding investment bodies. .

He pointed out that we must benefit from the mistakes that occurred in the past to correct the work of investment bodies, explaining that the violations in the work of the bodies, including extending the work of their heads, which some have spoken about, did not exist because this matter is within the authority of the Council of Ministers,

adding that the matter is up to the provincial councils to implement what they see. appropriate according to their powers and do not allow any of the authorities to take away their powers for any reason. Edited by: Adhraa Juma https://alsabaah.iq/98624-.html

Provoking Thoughts and Points To Ponder On Adversity:

Adversity has ever been considered as the state in which a man most easily becomes acquainted with himself, being free from flatterers.-Samuel Johnson

In all things preserve integrity; and the consciousness of thine own uprightness will alleviate the toil of business, soften the hardness of ill-success and disappointments, and give thee an humble confidence before God, when the ingratitude of man, or the iniquity of the times may rob thee of other rewards. -Barbara Paley

He knows not his own strength who hath not met adversity.-Samuel Johnson

Adversity leads us to think properly of our state, and so is most beneficial to us.-Samuel Johnson

In the depth of winter, I finally learned that there was in me an invincible summer.-Albert Camus

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

http://famousquotesandauthors.com/quotes_by_topic.html

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

ALERT!!!
Unrealized Losses at US Banks Exceed Bank Reserves
The FDIC Doesn’t Have Enough Money To Cover Bank Deposits
US Bank Runs Imminent

Prepare for 10 Dark Days of Military Controlled Lockdown

It’s only wise to have at least a month’s supply of food, water, cash, medicine and essential items on hand for your family and to share with others in case of emergency.

Judy Note The Global Currency Reset of 207 nations to gold/asset-backed currencies was said to have the effect of automatically shutting down the Cabal’s international operations. That was because the Illuminati’s “Dirty Monies” wouldn’t be accepted on the new Global Financial System that was already functioning independent of banks on over 500 Star Link Satellites floating above us in the air.

Wed. 26 June 2024 US Banks unrealized losses have reached $525 billion. This is almost seven times bigger than the great financial crisis of 2008. The unrealized losses have exceeded the total reserves of America’s largest banks. In addition, the FDIC doesn’t have enough money to cover bank deposits.

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Global Currency Reset: (Rumors/Opinions)

Wed. 26 June 2024 Wolverine: It’s ready to go, in fact it has already started. Some are getting paid and they are all under NDA. Another source says it is going to be this week, but things are happening right now and they are processing the first group. The second group should go around the 4th of July, while some say right after Thurs. 4 July.

Wed. 26 June 2024 TNT Tony: “Every single source says it’s done and we await the go signal. So we wait. There is agreement amongst them re: when it will be announced and what they are waiting on. Sunday 30 June 2024 is a celebration day in Iraq. They are waiting for the trigger, there is a trigger. He won’t tell us what that is. The Dinar Live New Rate Window is Thurs. 27 June 5pm EST 2024 to Sunday morning 30 June 2024.

Tues. 25 June 2024 MarkZ: “I am getting inundated with bank contacts telling me to expect that things have already started, but coming to fruition in banks after July 4, with a rollout in the days immediately following – around the 6th and 7th. That is the rumor. Remember that we don’t know the timing. I am sure getting a heck of a lot from the banking side that things are now moving quickly and that is what they are preparing them for.”

Wed. 26 June 2024 Frank 26: Iraqi Prime Minister Al Sudani and his team went to the US Treasury and delivered the monetary reforms that Sudani would implement for RV and RI of the IQD. That was the reason they were reforming the banking sector, which would increase the value of the Iraqi Dinar.

Wed. 26 June 2024: NESARA GESARA – The Cry for Restitution and Justice: The Shocking Truth About Our Stolen Wealth and the Cry for Restitution – American Media Group (amg-news.com)

Global Financial Crisis:

Wed. 26 June 2024 US Banks unrealized losses have reached $525 billion. This is almost seven times bigger than the great financial crisis of 2008. The unrealized losses have exceeded the total reserves of America’s largest banks. In addition, the FDIC doesn’t have enough money to cover bank deposits. …US Debt Clock on Telegram Wed. 26 June 2024

Wed. 26 June 2024 The United States Federal Reserve has been allegedly hacked by a Ransomware group called LockBit. The declaration was made through a post on the Dark Web. The group claims to have extracted 33 terabytes of sensitive banking information. The data reportedly includes confidential details of American banking activities. This could be one of the most substantial breaches of financial data in history if proven to be true. They are already linking this group to Russia. There has been no confirmation of the breach by the Federal Reserve so far. The number 33 should tell you everything you need to know. The Federal Reserve has less than 24 hours according to the group.

Read full post here: https://dinarchronicles.com/2024/06/27/restored-republic-via-a-gcr-update-as-of-june-27-2024/

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

Mnt Goat Article: "DOZENS OF IRAQI COMPANIES PARTICIPATE IN AN INVESTMENT SUMMIT IN AMERICA" ...in the past years I said – What is the US waiting for? Why have they not yet invested the US companies in Iraq? There is billions to make over there. – Well the spigot had to be opened first and now its opened. The spigot analogy means that the sanctions are over, war reparations paid and now they can do business easily with the rest of the world. But as you know with Iraq nothing happens overnight and so it took a year and a half to open the spigot but now it’s opened up wide.

Militia Man Oil is in the budget for 2023 was at $70 but oil has been over $80 for quite some time. They're gaining a lot of money. Then they've increased non-oil revenues at the borders, a lot of money. Liquid natural gas etc, a lot of money...This is happening...They've talked about sovereign funds...If all the stuff is what they're saying it is...these guys are going to be popping with money.

EXCELLENT Progress in Iraq; Stock Market; Development Road Project Latest Update

Edu Matrix: 6-27-2024

https://www.youtube.com/watch?v=z4d89OfQukY

Andy Schectman: JP Morgan Raises Silver Target To $34

Arcadia Economics: 6-27-2024

Gold and silver have sold off over the past week. But while that's happened, JP Morgan has just published a new report recommending to buy the metals on the dip.

JP Morgan has targets of $2,600 for gold and $34 for silver by 2025. And of course they are just one of the many banks that has recently been increasing their gold and silver price forecasts.

So Andy Schectman joins me on the show to talk about the bank coverage that's going out to the institutional funds, new inflation comments by Zoltan Pozsar, and a change in the physical gold and silver premium levels.

To find out the latest in the precious emtals markets, click to watch the video now!

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