KTFA, News Dinar Recaps 20 KTFA, News Dinar Recaps 20
KTFA: Clare: Iraq receives a suspect it recovered from Belarus on charges of embezzling 6 billion dinars
6/16/2024 Baghdad
The Federal Integrity Commission confirmed today, Sunday, that joint cooperation with countries around the world is the only way to recover the money and the accused.
The head of the Federal Integrity Commission, Haider Hanoun, said, “The Integrity Commission is making great efforts to recover Iraq’s stolen funds by concluding memorandums of understanding with countries.”
He explained, "There is no pressure on countries to return the money except through joint cooperation, and giving more space to search for our money in those countries and recover the accused."
Hanoun added, “The Integrity Commission was able to recover one of the accused, who is convicted from a country in Belarus for embezzling more than 6 billion dinars.
KTFA:
Clare: Iraq receives a suspect it recovered from Belarus on charges of embezzling 6 billion dinars
6/16/2024 Baghdad
The Federal Integrity Commission confirmed today, Sunday, that joint cooperation with countries around the world is the only way to recover the money and the accused.
The head of the Federal Integrity Commission, Haider Hanoun, said, “The Integrity Commission is making great efforts to recover Iraq’s stolen funds by concluding memorandums of understanding with countries.”
He explained, "There is no pressure on countries to return the money except through joint cooperation, and giving more space to search for our money in those countries and recover the accused."
Hanoun added, “The Integrity Commission was able to recover one of the accused, who is convicted from a country in Belarus for embezzling more than 6 billion dinars. She previously worked in the Ministry of Health and arrived in Iraq, and is also waiting for other accused,” noting that “the Commission is continuously working with countries to recover... Money and defendants. LINK
Clare: Al-Sudani confirms the progress of the fight against corruption “in every corner where it hides"
6/16/2024
Prime Minister Muhammad Shiaa Al-Sudani stressed the progress of the fight against corruption “in every corner where it hides.”
Al-Sudani said in a statement, a copy of which {Al-Furat News} received on the occasion of the blessed Eid al-Adha, “I extend my best congratulations and blessings to our honorable Iraqi people on the occasion of the blessed Eid al-Adha, coupled with my sincere prayers to the Creator, the Almighty, to repeat this occasion for our people in all parts of Mesopotamia.”
And the peoples of the Arab and Islamic worlds, with more abundance of goodness and the blessing of security and stability, and to bestow His victory and mercy upon our patient people in Gaza, and to repel aggression from them.”
He added, "I turn to the Almighty to accept the good deeds of those who performed Hajj to His Sacred House, and to return our Iraqi pilgrims safely, winning God’s forgiveness and satisfaction, and enjoying His abundant mercy. He is the best Lord and Helper."
On this occasion, Al-Sudani renewed “the bond of responsibility and covenant, with our people of all categories and sects, to continue work and diligence, and to exert efforts and energies, to achieve all the components of our government program, which is a realistic extrapolation of the demands and ambitions of our people, and an actual and field response to confront all the challenges and difficulties that stand in their way.” ".
He continued, "Just as we affirm the continuation of our responsibilities towards the sovereignty of Iraq, extending the hand of the law, liberating and developing the economy, bringing about progress and development, creating creative opportunities, and combating all social ills and corruption in every corner where it hides, Eid Mubarak and acceptable work, and may the Iraqis’ days last in joy and happiness. “Iraq will remain proud and strong under the shadow of its honorable sons and family.” LINK
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Clare: Sudanese on Eid: Committed to Iraq's sovereignty and extending the hand of law
6/16/2024
Today, Sunday, Iraqi Prime Minister Muhammad Shiaa Al-Sudani sent his congratulations to the Iraqis on the occasion of Eid Al-Adha.
Al-Sudani expressed, in a statement received by Shafaq News Agency, his calls for more goodness, security and stability for the Iraqi people and the peoples of the Arab and Islamic worlds. He also called for mercy and victory for the people of Gaza, stressing the necessity of repelling the aggression against them.
Al-Sudani stressed the renewal of the pledge with the Iraqi people of all categories and sects to continue hard work and diligence to achieve all provisions of the government program, which aims to meet the demands and aspirations of the Iraqi people and confront the challenges and difficulties that stand in their way.
Al-Sudani added that the government continues to bear its responsibilities towards Iraq's sovereignty, extend the hand of the law, liberalize and develop the economy, achieve progress and development, create creative opportunities, and combat social ills and corruption in all parts of the country.
The Acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, also extended his congratulations on the occasion of Eid Al-Adha, and called, in a statement received by Shafaq News Agency, for concerted efforts to enhance security and stability and support the construction and reconstruction movement.
The Acting Speaker of the House of Representatives renewed his call on the international community to stop the Zionist aggression against Palestine and the countries of the region, stressing the necessity of serious and immediate action in order to break the siege on the Gaza Strip and bring in urgent humanitarian aid. LINK
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Humor Dinar Recaps 20 Humor Dinar Recaps 20
From Recaps Archives:
Had Boys, Have Boys, Thinking About Boys!!
Things I've learned from my boys (honest and not kidding):
A king size waterbed holds enough water to fill a 2000 sq. ft. house 4 inches deep.
If you spray hair spray on dust bunnies and run over them with roller blades, they can ignite.
A 3-year old Boy's voice is louder than 200 adults in a crowded restaurant.
If you hook a dog leash over a ceiling fan, the motor is not strong enough to rotate a 42 pound Boy wearing Batman underwear and a Superman cape. It is strong enough, however, if tied to a paint can, to spread paint on all four walls of a 20 x 20 ft. room.
From Recaps Archives:
Had Boys, Have Boys, Thinking About Boys!!
Things I've learned from my boys (honest and not kidding):
A king size waterbed holds enough water to fill a 2000 sq. ft. house 4 inches deep.
If you spray hair spray on dust bunnies and run over them with roller blades, they can ignite.
A 3-year old Boy's voice is louder than 200 adults in a crowded restaurant.
If you hook a dog leash over a ceiling fan, the motor is not strong enough to rotate a 42 pound Boy wearing Batman underwear and a Superman cape. It is strong enough, however, if tied to a paint can, to spread paint on all four walls of a 20 x 20 ft. room.
You should not throw baseballs up when the ceiling fan is on. When using a ceiling fan as a bat, you have to throw the ball up a few times before you get a hit. A ceiling fan can hit a baseball a long way.
The glass in windows (even double-pane) doesn't stop a baseball hit by a ceiling fan.
When you hear the toilet flush and the words "uh oh", it's already too late.
Brake fluid mixed with Clorox makes smoke, and lots of it.
A six-year old Boy can start a fire with a flint rock even though a 36-year old man says they can only do it in the movies.
Certain Lego's will pass through the digestive tract of a 4-year old Boy.
Play dough and microwave should not be used in the same sentence.
Super glue is forever.
No matter how much Jell-O you put in a swimming pool you still can't walk on water.
Pool filters do not like Jell-O.
VCR's do not eject "PB &J" sandwiches even though TV commercials show they do.
Garbage bags do not make good parachutes.
Marbles in gas tanks make lots of noise when driving.
You probably DO NOT want to know what that odor is.
Always look in the oven before you turn it on; plastic toys do not like ovens.
The fire department in Austin, TX has a 5-minute response time.
The spin cycle on the washing machine does not make earthworms dizzy.
It will, however, make cats dizzy.
Cats throw up twice their body weight when dizzy.
80% of Men who read this will try mixing the Clorox and brake fluid:
**********
Those who pass this on to almost all of their friends, with or without boys do it because:
a) For those with no children - this is totally hysterical!
b) For those who already have children past this age, this is hilarious.
c) For those who have children this age, this is not funny.
d) For those who have children nearing this age, this is a warning.
e) For those who have not yet had children, this is birth control
TNT:
Mot: . New Dads.... Getting Ready fur da Daughter Thing!!!
Mot: Uh oh
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Economics, Gold and Silver, Goldilocks, News DINARRECAPS8 Economics, Gold and Silver, Goldilocks, News DINARRECAPS8
Goldilocks' Comments and Global Economic News Sunday Afternoon 6-16-24
Good EveningDinar Recaps,
EU Basel 3 Announcement: The Fundamental Review of the Trading Book (FRTB) isa comprehensive suite of capital rules. They are developed by the Basel Committee on Banking Supervision (BCBS) as part of Basel III. Their intentions are to apply these rules to banks' wholesale trading activities.
The EU plans to delay FRTB because moving first would put EU banks at a competitive disadvantage to US banks.
This is a coordinated effort globally. Where one goes, we all go. Europe has given themselves a back wall date of January 1st, 2025 to to fully implement Basel 3 requirements. It looks like they have moved into a place that other countries are going to have to catch up to going forward.
Goldilocks' Comments and Global Economic News Sunday Afternoon 6-16-24
Good EveningDinar Recaps,
EU Basel 3 Announcement:
The Fundamental Review of the Trading Book (FRTB) isa comprehensive suite of capital rules. They are developed by the Basel Committee on Banking Supervision (BCBS) as part of Basel III. Their intentions are to apply these rules to banks' wholesale trading activities.
The EU plans to delay FRTB because moving first would put EU banks at a competitive disadvantage to US banks.
This is a coordinated effort globally. Where one goes, we all go. Europe has given themselves a back wall date of January 1st, 2025 to to fully implement Basel 3 requirements. It looks like they have moved into a place that other countries are going to have to catch up to going forward.
Look for gold to be reclassified during this time and the digital economy to go ahead and move into its mass adoption. ICMA Group
© Goldilocks
~~~~~~~~~
"Lagarde Urges Governments to Respect Global Trade Rules"
Remember what we said the other day about Trade Wars beginning, and how, Treaty Agreements are signed at the end of them.
Trade Wars are attempts by countries to damage each other's trade, typically by the imposition of tariffs or quota restrictions.
This will cause distortions in prices that will have to be reset under new Treaty Agreements that are universally signed.
Look for this to come at a time when Basel 3 Capital Requirements can be implemented into a new financial order. Bloomberg
Here we go.
© Goldilocks
~~~~~~~~~
Here is the list of countries that will join BRICS:
* Africa:
* Algeria;
* Morocco;
* Nigeria;
* Chad;
* Equatorial Guinea;
* Eritrea;
* Senegal;
* Zimbabwe;
* South Sudan.
* Asia:
* Azerbaijan;
* Bangladesh;
* Bahrain;
* Indonesia;
* Kazakhstan;
* Kuwait;
* Palestine;
* Pakistan;
* Syria;
* Thailand;
* Vietnam;
* Sri Lanka;
* Türkiye.
* Latin America:
* Bolivia;
* Venezuela;
* Honduras.
BRICS Summit October 2024
Gazeta
~~~~~~~~~
Hello, World!
Figure Technology Solutions has launched Figure Connect, its blockchain-based marketplace for private credit.Outside of the qualified mortgage sector, most loan purchase agreements (LPAs) are bespoke, making them illiquid. Figure’s is promoting the use of standardized sales terms and documentation to make the market more liquid. Ledger Insights Figure Technology Solutions
~~~~~~~~~
Bitcoin Suisse, one of the largest digital asset players in the country, has issued a digital bond via the Obligate platform. When asked for more details about the bond, Bitcoin Suisse told Ledger Insights that it is a technical prototype with a 12 month maturity, available only to qualified investors.
Ledger Insights Bitcoin Suisse
~~~~~~~~~
Marui, the large Japanese department store, issued a digital green bond in May. Not only did it use blockchain, but it was also directly issued to its customers as investors, with Securitize Japan providing the blockchain platform. Besides the digital bond, the green investment also has a blockchain angle.
It was a smalldigital bondissuance of just Yen 170 million ($1.1 million) with the investment available to Marui’s EPOS credit card holders. The 1% interest on the bond is partially paid in EPOS points and partly in real money.
The bond proceeds are intended to purchase a renewable energy power plant, although the small print also allows for energy-efficient building upgrades. Marui is partnering with Updater (formerly Minna Denryoku or Minden) for the renewable energy plant.
Updater has a blockchain-based platform,Enection 2.0, which tracks the source of renewable energy, allowing business buyers to pair electricity sales with energy attribute certificates (EACs) for green energy. Ledger Insights Marui Enection 2.0 Digital Bond
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BIS launches Toronto Innovation Hub -Ledger Insights - blockchain for enterprise
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Testimony of Chairman Rostin Behnam Before the Subcommittee on Financial Services and General Government, Committee on Appropriations, U.S. Senate |CFTC
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PCPD Corporate Video |Youtube
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FADGI is part of a broader effort by NARA to move away from paper-based processes towards digitization.
Federal Agencies Digital Guideline Initiative (FADGI) guidelines are mandatory for federal agencies and affiliated organizations when digitizing archival records.
The guidelines went into effect in June 2024 as part of the National Archives and Records Administration's (NARA) effort to move away from paper-based processes.By June 2024, all permanent records archived in the National Archives must be digitized and meet FADGI three-star quality standards. Digitization Guidelines Government Technology Insider
~~~~~~~~~
Seeds of Wisdom Team Presents
The Goldilocks Daily Breakdown Podcast:
Are you too tired or too busy to read the daily Goldilocks articles that keep you up to date on the GCR?
We have you covered with a new podcast called theGoldilocks Daily’s.
Tune in each day at your convenience and listen toMr. Anonymousbreak down the articles the Goldilocks Team brings to this community.
Mr. Anonymous will read each article for you and explain them in layman’s terms.
Listen on the go, in the car on your way to work, while walking the dog, or exercising at the gym. Listen anywhere, anytime, but listen and stay informed.
The New Goldilocks Daily’s - you’re sure to love it!
Goldilocks'Daily Breakdown PodcastLink
Goldilocks'Telegram Room
Goldilocks' Q & A ClassroomLink
~~~~~~~~~
What Iraq Must Do Before RV Can Happen |Youtube
~~~~~~~~~
XRP RIPPLE UPDATE: CAN XRP ESCAPE THIS? | SEC VS RIPPLE | XRP Lawsuit Heats Up with Judge |Youtube
~~~~~~~~~
BIS Survey: 94% of Central Banks Exploring Digital Currency –Featured Bitcoin News
~~~~~~~~~
Goldilocks'Daily Breakdown PodcastLink
Goldilocks'Telegram Room
Goldilocks' Q & A ClassroomLink
Follow Goldilocks'Roadmap
Follow Goldilocks'Timeline
Goldilocks on theSeeds of Wisdom Team™Website
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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20
KTFA:
Frank26: "FROM PHOSPHATE TO OIL IRAQ HAS EVERYTHING THE WORLD NEEDS!!!".........F26
The industry opens the door to investment in the Al-Qaim phosphate plant
6/12/2024 Baghdad
Anbar Governor's Advisor for Energy Affairs, Aziz Khalaf Al-Tarmouz, announced today, Wednesday, that the Al-Qaim phosphate plant will soon be transferred for investment after a hiatus that lasted for more than 15 years.
Al-Tarmouz said, "A large number of investment companies have submitted their papers to obtain this investment opportunity."
He added, "It is hoped that the project will be referred to one of the international investment companies within approximately 45 days."
KTFA:
Frank26: "FROM PHOSPHATE TO OIL IRAQ HAS EVERYTHING THE WORLD NEEDS!!!".........F26
The industry opens the door to investment in the Al-Qaim phosphate plant
6/12/2024 Baghdad
Anbar Governor's Advisor for Energy Affairs, Aziz Khalaf Al-Tarmouz, announced today, Wednesday, that the Al-Qaim phosphate plant will soon be transferred for investment after a hiatus that lasted for more than 15 years.
Al-Tarmouz said, "A large number of investment companies have submitted their papers to obtain this investment opportunity."
He added, "It is hoped that the project will be referred to one of the international investment companies within approximately 45 days."
He continued, "The value of the investment contract is about 3 billion dollars, as the plant is considered one of the most important sovereign strategic projects that serve the
economy of Iraq and Anbar."
He explained, "The Ministry closed the tender a week ago, awaiting its referral to the relevant international companies." LINK
Frank26: "SUDANI PROTECTS THE MONETARY REFORM!!!"...........F26
Revealing the embezzlement and waste of 200 million dinars of public money in an Iraqi governorate
6/14/2024
The Federal Integrity Commission revealed, on Friday, that an arrest warrant had been issued against a former official in the Samawah Municipality Directorate. For embezzling nearly two hundred million dinars of public money, in addition to issuing an order to bring in two officials in the directorate.
The Government Information and Communications Office indicated in a statement today that the work team consisting of the staff of the Authority’s investigation office in Muthanna, which moved on (6/12/2024) to the Samawah Municipality Directorate, revealed, after investigation, auditing and review work, the existence of financial violations and cases of embezzlement of money. This year, it was carried out by the former municipal collection official, explaining that he cut off the collection receipts for the real amounts owed by the citizens and collected from them, and tampered with the second copy of the “carbonated” receipt by registering it with amounts that were less than the real amounts actually deducted.
The office continued that the accused was paying the smaller amount to the directorate’s fund. Based on the “carbonated” copies that he tampered with, explaining that the audit work concluded that as a result of tampering with the receipts and distorting the amounts and their dates; In order to overcome the payment delay period, an amount of (198,920,467) one hundred and ninety-eight million dinars of public money was wasted.
He continued that the judge of the Integrity Investigation Court in Muthanna issued an arrest and investigation order against the accused, the former collection official in the Samawah Municipality, in addition to bringing in the accounts, control and internal audit officials there, based on the provisions of Article (315) of the Penal Code. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick These ATM machines have the capability to recognize the lower denoms that are soon to be passed out to the citizens in order to add value to their currency and to go hand in hand with a new exchange rate of the lower notes...These ATM machines have the software for the lower notes. But does it have the lower notes in these ATM machines? It is unknown...Since April there have been thousands of these ATMs being put out...
Nader From The Mid East Article: "Iraq Bulks Up Gold Reserves, Inch Up World Rankings" Quote: "Their holdings have grown to 145.7 tons, a bump of over 3 tons compared to 142.6 tons the previous month. This increase...is enough to nudge Iraq one spot higher in the WGC's global ranking, landing them 31st place out of 100 countries."
BRICS: $517 Billion in Unrealized Losses Hits US Banking System
Geopolitical Analyst: 6-15-2024
While the BRICS alliance is strengthening its banking system, the US seems to be on a downhill.
In the last three years alone, 15 US banks collapsed renewing fears of financial instability across the homeland. Banks such as the Republic First Bank, Citizens Bank, First Republic Bank, Signature Bank, Silicon Valley Bank, and First State Bank, among others, collapsed in the last three years.
The Federal Deposit Insurance Corporation (FDIC) published the latest report that the US banking system is looking at an unrealized loss of $517 billion.
The FDIC also stated that US 63 lenders are currently on the brink of insolvency.
The banks are now saddled with more than half a trillion dollars on the balance sheets in their papers. The development shows that the US banks are at risk while the central banks of BRICS are massively accumulating gold.
While the unrealized losses are only on the balance sheets, they could become a liability when the banks require liquidity.
The number of lenders on its Problem Bank List rose significantly last quarter, reported FDIC. This puts the US banking system under pressure as BRICS is dumping US treasuries and the dollar.
In the last seven months alone, BRICS member China has sold $72 billion worth of US treasuries.
The BRICS alliance is also spearheading the de-dollarization movement by convincing developing countries to end reliance on the dollar.
The number of banks on the Problem Bank List, those with a CAMELS composite rating of ‘4’ or ‘5’ increased from 52 in fourth quarter 2023 to 63 in first quarter 2024.
The number of problem banks represented 1.4% of total banks, which was within the normal range for non-crisis periods of 1% to 2% of all banks.
Total assets held by problem banks increased $15.8 billion to $82.1 billion during the quarter,” read the FDIC report.
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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8
Buy two, get one half off? How 'Spaving' Discounts Can Derail Your Finances
Daniel de Visé, USA TODAY Updated Sun, June 16, 2024 119
Any time you buy two of something and get a third item for half off, or add a few dollars to an online order to secure free shipping, you are “spaving.”
Spaving is a mashup of “spending” and “saving”: spending more to trigger savings.
But don’t fool yourself, experts say: Spaving is mostly spending.
“It’s always more spending. It’s not always more saving,” said Jeff Galak, an associate professor of marketing at the Tepper School of Business at Carnegie Mellon University in Pittsburgh.
Buy two, get one half off? How 'Spaving' Discounts Can Derail Your Finances
Daniel de Visé, USA TODAY Updated Sun, June 16, 2024 119
Any time you buy two of something and get a third item for half off, or add a few dollars to an online order to secure free shipping, you are “spaving.”
Spaving is a mashup of “spending” and “saving”: spending more to trigger savings.
But don’t fool yourself, experts say: Spaving is mostly spending.
“It’s always more spending. It’s not always more saving,” said Jeff Galak, an associate professor of marketing at the Tepper School of Business at Carnegie Mellon University in Pittsburgh.
Spaving has been in the news lately. It sounds like something new: The term has seldom appeared in this publication. It isn’t in the online Merriam-Webster dictionary. Type it into your word processor and watch your spellchecker erupt in protest.
'Spaving' sounds new, but the concept is not.
'Spaving' sounds new, but the concept is not.
'Spaving': A concept as old as the shopping mall
The concept behind spaving, however, goes wa-a-ay back.
“Spaving, besides being a terrible word, is not a new idea,” Galak said. “These promotions have been around forever.”
Here’s the basic concept: A merchant entices a customer to spend a little more, or a lot more, by offering a discount as a reward. Buy a third item, or a fourth, or a fifth, and get the last one free. Add another ten dollars to your cart, and that $5 shipping fee goes away.
Who needs a gallon of extra-virgin olive oil? Maybe you do, at the right price.
Customers may be seeing a lot of spaving offers this summer. Inflation has been pushing up prices. A dozen eggs cost about twice what they did in 2019. Overall, consumer prices rose by nearly one-fifth between 2019 and 2023, federal data show.
Consumers are pushing back. In response, retailers are rolling out deals.
Fast food chains are reviving the value meal in the wake of consumer backlash against reports of $15 Big Macs.
Target and Walgreens have announced summer price cuts. More customers are choosing discounted store brands.
Spending less for the same Happy Meal you bought a week ago is a no-brainer. Spaving, by contrast, can quickly spiral out of control.
'Spaving' can lead to overspending, needless purchases
The problem with spaving, experts say, is that it can lead a shopper to overspend on something they did not want, do not need and will not use.
“It’s always good to save money. The problem is when you’re spending money you wouldn’t have spent otherwise,” said Kimberly Palmer, a personal finance expert at NerdWallet.
Palmer herself recently succumbed to a spaving offer.
“It was a buy one, get one free,” she said. “I never intended to get a second shirt. It was for my daughter. I went ahead and bought two.”
The second shirt was free, so Palmer got a great deal, right?
Well, maybe not. She paid full price for the first shirt. Absent the spaving deal, she would have held out for a discount. In the end, she said, “I did spend more than I wanted to.”
To Read More: https://www.yahoo.com/finance/news/buy-two-one-half-off-090859687.html
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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20
BRICS SUMMIT 2024: What is on Agenda?
Fastpo: 6-15-2024
The BRICS Summit 2024, set to take place in Kazan, Russia, in October, will address several critical issues and priorities under the theme "Strengthening Multilateralism for Just Global Development and Security."
28 Countries Joining BRICS With Names and Capacities:
The summit's agenda includes the expansion of BRICS membership, with the addition of Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, aiming to bolster the group's global influence. Economic and financial cooperation will be a focal point, with discussions on using national currencies in trade to reduce dependency on the US dollar, and the implementation of the Strategy for BRICS Economic Partnership 2025.
BRICS SUMMIT 2024: What is on Agenda?
Fastpo: 6-15-2024
The BRICS Summit 2024, set to take place in Kazan, Russia, in October, will address several critical issues and priorities under the theme "Strengthening Multilateralism for Just Global Development and Security." 28 Countries Joining BRICS With Names and Capacities:
The summit's agenda includes the expansion of BRICS membership, with the addition of Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, aiming to bolster the group's global influence. Economic and financial cooperation will be a focal point, with discussions on using national currencies in trade to reduce dependency on the US dollar, and the implementation of the Strategy for BRICS Economic Partnership 2025.
Political and security coordination will be enhanced to address international and regional threats collectively. Cultural and humanitarian collaboration will also be emphasized, promoting cooperation in science, technology, healthcare, and environmental protection. The summit will advocate for a multipolar international order and fair global financial systems, reinforcing the principles of international law.
Over 200 related events will be organized throughout the year, showcasing the comprehensive efforts of the BRICS nations to strengthen global development and security.
In this video, we will explore the main agenda of the upcoming BRICS Summit 2024, shedding light on the key priorities and collaborative plans of the BRICS bloc in preparation for the event.
What Next? https://youtu.be/FVIed9MicE4
BRICS+ Massive Expansion Signals Western Policies Failed, Iran in BRICS |Prof. Mohammad Marandi
Lena Petrova: 6-16-2024
Professor Seyed Mohammad Marandi is an academic at the University of Tehran and a political analyst. Professor Marandi and I are discussing the recent news with respect to the BRICS bloc, economic development aspirations for the global majority and what Iran’s full membership in the BRICS+ means for its economy.
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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20
TNT: Tishwash: this was in Iraq's news
Venezuelan Minister: We are close to producing one million barrels of oil per day
Venezuelan Oil Minister, Pedro Telechia, announced that his country is close to producing one million barrels of oil per day for the first time in more than five years. “We can officially say that we have exceeded 950,000 barrels per day this month,” Telechia said during an official event in the capital, Caracas, adding, “We are very close to producing one million barrels.” Oil production peaked in 2008 with 3.5 million barrels per day, but declined years later due to strict US sanctions.
Last month, Washington re-imposed sanctions on Caracas six months after easing them, in response to "the government's continued repression of opponents before the July elections."
TNT:
Tishwash: this was in Iraq's news
Venezuelan Minister: We are close to producing one million barrels of oil per day
Venezuelan Oil Minister, Pedro Telechia, announced that his country is close to producing one million barrels of oil per day for the first time in more than five years.
“We can officially say that we have exceeded 950,000 barrels per day this month,” Telechia said during an official event in the capital, Caracas, adding, “We are very close to producing one million barrels.”
Oil production peaked in 2008 with 3.5 million barrels per day, but declined years later due to strict US sanctions.
Last month, Washington re-imposed sanctions on Caracas six months after easing them, in response to "the government's continued repression of opponents before the July elections."
However, Spanish energy giant Repsol has received permission from the United States to continue operating in Venezuela.
The Venezuelan Oil Minister said last month that he was optimistic that Venezuelan oil production would reach one million barrels per day soon, for reasons including the agreement with Repsol.
Telechia is also the president of the Venezuelan oil giant Petroleos de Venezuela (Pedivesa).
Venezuela's production reached 910,000 barrels per day by the end of May, according to the Organization of the Petroleum Exporting Countries (OPEC).
The country's production fell to less than one million barrels per day in 2019 when the United States imposed sanctions following the re-election of President Nicolas Maduro a year ago.
By 2020, the number was less than 400 thousand barrels.n link
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CandyKisses: Sudanese on Eid: We are committed to the sovereignty of Iraq and the extension of the hand of law
On Sunday, Iraqi Prime Minister Mohammed Shia al-Sudani congratulated Iraqis on the occasion of Eid al-Adha.
Al-Sudani expressed, in a statement received by Shafaq News Agency, his calls for more goodness, security and stability for the Iraqi people and the peoples of the Arab and Islamic worlds, and also called for mercy and victory for the people of Gaza, stressing the need to respond to aggression from them.
Al-Sudani stressed the renewal of the covenant with the Iraqi people of all categories and sects to continue to work hard and diligence to achieve all the provisions of the government program, which aims to meet the demands and aspirations of the Iraqi people and face the challenges and difficulties that stand in their way.
Al-Sudani added that the government continues to shoulder its responsibilities towards Iraq's sovereignty, extending the hand of law, liberalizing and developing the economy, achieving progress and development, creating creative opportunities, and combating social ills and corruption throughout the country.
The Acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, also offered his congratulations, on the occasion of Eid al-Adha, and called in a statement, received by Shafaq News Agency, for concerted efforts to enhance security and stability and support the construction and reconstruction movement.
The Acting Speaker of the House of Representatives renewed his call on the international community to stop the Zionist aggression against Palestine and the countries of the region, stressing the need for serious and immediate action in order to break the siege on the Gaza Strip to bring in urgent humanitarian aid.
************
CandyKisses: Iraq's oil exports to America rise significantly in a week
The US Energy Information Administration announced on Sunday that Iraq's oil exports to America rose during the past week.
The administration said in a table seen by Shafaq News Agency, "The average US imports of crude oil during the past week from 9 major countries amounted to 6.120 million barrels per day, up by 363 thousand barrels per day from the previous week, which amounted to 5.757 million barrels per day."
She added that "Iraq's oil exports to America amounted to 228,000 barrels per day last week, up by 102,000 barrels per day from the previous week, which amounted to 126,000 barrels per day."
The administration pointed out that "the most oil revenues of America during the past week came from Canada at a rate of 3.974 million barrels per day, followed by Mexico with an average of 987 thousand barrels per day, followed by Saudi Arabia with an average of 278 thousand barrels per day, and from Nigeria at a rate of 208 thousand barrels per day."
According to the table, "the amount of US imports of crude oil from Ecuador was at a rate of 149,000 barrels per day, from Brazil at a rate of 134,000 barrels per day, from Libya at a rate of 87,000 barrels per day, and from Colombia at a rate of 75,000 barrels per day."
Mot: ... Have a Very Happy ~~~~~~
Mot: .. the ole chip off of ~~~
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Iraq News Highlights and Points To Ponder Late Saturday Evening 6 – 14 - 24
Iraqis resort to “gold bullion” instead of money, and the banking system is dying
Economy |Today, Baghdad today - Baghdad Today, Wednesday (June 12, 2024), financial affairs expert Mustafa Hantoush revealed the reason why Iraqis are resorting to purchasing gold bullion in abundance during the current period.
Hantoush said in an interview with "Baghdad Today" that "recently, the demand for buying gold bullion has increased significantly by citizens, especially those with large sums of money. They have begun to save that money through these bullion instead of depositing their money in banks."
He stated that "the reason why citizens resort to buying gold bullion to save their money is as a result of the weakness of the banking system, lack of confidence in this system, and fear for their money due to American sanctions. This is why we see the majority of Iraqis turning towards gold bullion, especially in light of the high prices of the yellow metal and the stability of this price and its lack of fluctuation like the dollar."
Iraq News Highlights and Points To Ponder Late Saturday Evening 6-14-24
Iraqis Resort To “Gold Bullion” Instead Of Money, And The Banking System Is Dying
Economy |Today, Baghdad today - Baghdad Today, Wednesday (June 12, 2024), financial affairs expert Mustafa Hantoush revealed the reason why Iraqis are resorting to purchasing gold bullion in abundance during the current period.
Hantoush said in an interview with "Baghdad Today" that "recently, the demand for buying gold bullion has increased significantly by citizens, especially those with large sums of money. They have begun to save that money through these bullion instead of depositing their money in banks."
He stated that "the reason why citizens resort to buying gold bullion to save their money is as a result of the weakness of the banking system, lack of confidence in this system, and fear for their money due to American sanctions. This is why we see the majority of Iraqis turning towards gold bullion, especially in light of the high prices of the yellow metal and the stability of this price and its lack of fluctuation like the dollar."
From mid-December 2022 until now, the Iraqi dinar has continued to fall against the US dollar, until it reached the level of 1,610 dinars against one dollar at a time when the official price of the dollar is 1,300 dinars.
With the decline of the national currency and the rise in poverty and unemployment rates, Iraqi gold markets recorded a large demand from customers to buy the yellow metal amid warnings against buying counterfeit ones.
According to data from the specialized website “Bloomberg” , Iraq bought 33.9 tons of gold in the year 2022, while the Turkish Consul General in Erbil Hakan Karaçay revealed that Iraq imported Turkish gold worth $1.5 billion during the year 2021.
Iraq's gold reserves witnessed a noticeable increase during the month of February 2024, as International Monetary Fund data showed that Iraq had increased its possession of the precious metal by 3,079 tons, bringing the total to 145,661 tons.
This increase indicates Iraq's continued strategy to diversify its foreign reserves and enhance financial and monetary stability in the long term.
This step by Iraq comes at a time when the world is witnessing a rise in gold prices, as the price reached its highest level in its history last month above $2,400 per ounce.
Many simultaneous factors are strengthening the record levels of gold, especially in light of the escalation of geopolitical tensions around the world, and in light of the state of “uncertainty” surrounding the global economy, which supports the trend towards the precious metal as a traditional safe haven in the face of market fluctuations and dire scenarios that impose themselves on the market. the scene.
Iraq is among the countries that possess large amounts of gold reserves in the Arab region, as it ranks fourth after the Kingdom of Saudi Arabia, Algeria, and Morocco. LINK
Golden Days For Sellers...The Recession Hits The “Eid Sacrifices” Market In Diyala And The Prices Are “Crazy”
Baghdad today – Diyala With the approaching Eid al-Adha, the market for selling sacrificial animals in the largest site for selling livestock and sheep in the country near the city of Baqubah is witnessing a state that resembles a depression, with a very limited demand for buying them due to the economic situation and the exaggerated rise in prices.
Ayser Khaled, a sheep and livestock trader, said in an interview with “Baghdad Today” that “prices are high according to the principle of supply and demand, and imports did not contribute to lowering prices. On the contrary, they rose by up to 10% in recent weeks,” pointing out that Eid al-Adha represents the golden days for us. To sell our sacrifices, but according to our vision of the situation, we are in a state similar to a depression.”
He acknowledged, "Prices are the reason and the matter is not in our hands. We are dealing with the market situation and we hope that there will be a decline, but according to what we see, the matter is very difficult."
As for Jihad Abu Mustafa, a livestock and sheep trader, he pointed out that there are limited segments of people who buy sacrifices on Eid, not including the poor and those with limited income, pointing out that the prices of sheep range from 400-700 thousand dinars and reach one million dinars, which in the eyes of simple people is a large sum. .
He added in an interview with “Baghdad Today” that “importing has not changed the equation and prices are still high,” noting that “the demand for purchases does not exceed 30% so far.”
As for Ibrahim Ali Al-Qaisi, a retired government employee, he bought a sacrifice for 600,000 dinars and said, “The prices are exaggerated and retirees have to wait for months in order to collect the sacrifice amount.”
He continued in an interview with "Baghdad Today", "We hope that the difficult economic conditions will change and that the government will address the issue of exaggerated meat prices in general because acute poverty has begun to creep into the regions."
With the advent of Eid, Muslims buy sacrificial animals to slaughter them after the end of the Arafat pause, and then distribute their meat to relatives, neighbors, the poor and the destitute.
The health authorities in Iraq warn all citizens against buying meat sold by street vendors due to hemorrhagic fever.
The indiscriminate slaughter of livestock represents the biggest challenge facing the Ministry of Health, at a time when the number of hemorrhagic fever infections is witnessing a significant increase, with a death rate of up to 40 percent.
On days like these, merchants are accustomed to having their livestock more in demand than at other times of the year, but the exorbitant high prices prompted many people to buy sacrificial animals weeks before this occasion. LINK
The House Of Representatives Sends The Decision To Approve The Budget Schedules To The Presidency Of The Republic
Friday 14, June 2024 02:58 | Political Number of readings: 356 Baghdad / NINA / The General Secretariat of the House of Representatives announced that the decision to approve the 2024 general budget schedules had been sent to the Presidency of the Republic for approval./End 5 https://ninanews.com/Website/News/Details?Key=1132505
Economy Parliamentary Integrity: Extending the Basra Pipeline - An Obstacle To Wasting Iraqi Money
Information / Baghdad.. Member of the Parliamentary Integrity Committee, Hadi Al-Salami, said today, Saturday, that laying the Basra-Oqaba pipeline is a waste of Iraqi funds.
Al-Salami told Al-Maalouma Agency, “There are many comments about spending billions on extending the Basra-Aqaba pipeline, as the government’s insistence on extending the pipeline raises suspicions of corruption related to wasting public money.”
He added, "Jordan's position on Iraq is hostile, and it is not possible to sign a memorandum of understanding or agreement with this country."
He explained that "the extension of the oil pipeline from Basra to Aqaba has major suspicions of corruption, calling on Parliament and the regulatory authorities to stop opposing the completion of the pipeline project." Ended / 25h LINK
Provoking Thoughts and Points To Ponder On Adversity:
Pain makes man think. Thought makes man wise. Wisdom makes life endurable. -John Patrick
Time engraves our faces with all the tears we have not shed. -Natalie Clifford Barney
Suffering raises up those souls that are truly great; it is only small souls that are made mean-spirited by it. -Alexandra David-Neel
To live is to suffer, to survive is to find some meaning in the suffering. -Roberta Flack
If you suffer, thank God! It is a sure sign that you are alive. -Elbert Hubbard
Suffering is also one of the ways of knowing you're alive. -Jessamyn West
http://famousquotesandauthors.com/topics/adversity_quotes.html
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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8
Elon Musk: 5 Things Poor People Waste Money On
David Nadelle Thu, June 13, 2024
Despite a rough start to 2024, Elon Musk is once again the world’s richest person, according to Forbes, and in the spotlight this week due to the vote to approve his vote-of-confidence $56 billion pay package being held later today and a sexual harassment lawsuit filed against him and SpaceX recently by eight former employees.
Even the most news-avoidant person will know who Musk is. If there is one thing we can say with certainty, it’s that the SpaceX and Tesla, Inc. CEO knows how to stir the pot like few others. Musk’s social media influence and business acumen is always up for debate. However, as Aeon reported, “Not since Steve Jobs has an American technologist captured the cultural imagination like Musk.”
Elon Musk: 5 Things Poor People Waste Money On
David Nadelle Thu, June 13, 2024
Despite a rough start to 2024, Elon Musk is once again the world’s richest person, according to Forbes, and in the spotlight this week due to the vote to approve his vote-of-confidence $56 billion pay package being held later today and a sexual harassment lawsuit filed against him and SpaceX recently by eight former employees.
Even the most news-avoidant person will know who Musk is. If there is one thing we can say with certainty, it’s that the SpaceX and Tesla, Inc. CEO knows how to stir the pot like few others. Musk’s social media influence and business acumen is always up for debate. However, as Aeon reported, “Not since Steve Jobs has an American technologist captured the cultural imagination like Musk.”
We can assume that if Musk wants something frivolous, he buys it. However, there isn’t a great deal of wasteful spending by Musk, who has talked in the past about the need to trim down excessive consumer spending by selling off unused real estate and driving his own Teslas (although he has owned a number of valuable collectible cars).
1. Overpriced Real Estate
According to a 2020 story by CNBC Make It, Musk owned four properties in the Los Angeles area worth around $40 million at the time. However, this was after selling off a few Bel-Air properties and after announcing he vowed to “own no house” as a dedication against being seen as materialistic. He now resides in a spartan two-bedroom house in Bocca Chica near Space X’s HQ.
2. Too Much Car
Many Americans get into serious debt by buying a vehicle out of their income range. Like most billionaires, it would be difficult to think that Musk would buy overpriced, depreciating assets with additional financial commitments to fuel, insurance, repairs and maintenance too. That doesn’t mean he hasn’t splashed out on some collectible cars in the past.
However, although he owns or has owned a 1920 Ford Model T, a Jaguar Series 1 1967 E-type Roadster, a 1978 BMW 320i and a rare McLaren F1, he mainly sticks to driving a Tesla Model S or a Cybertruck now, per CNBC.
3. Dining Out and Ordering Food In
To Read More Go To Original Article Here:
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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20
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.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 16 June 2024
CompiledSun. 16 June 2024 12:01 am ESTby Judy Byington
Judy Note: Members of the Cabal are desperate for money, and they are targeting those involved in the Global Currency Reset. Be aware of anyone contacting you asking for personal information. It has been advised that “if you are contacted by any unknown party, please note their name and contact details. Do not provide any information or sign anything. Now is the time when many criminal individuals and organizations will try to obtain data.”
Sat. 15 June 2024 Mike Bara: “I just heard from a bond broker who was waiting to be paid commissions by the US government for bringing in historic bonds. He said he would be paid on Tues.18 June 2024.”
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.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 16 June 2024
CompiledSun. 16 June 2024 12:01 am ESTby Judy Byington
Judy Note: Members of the Cabal are desperate for money, and they are targeting those involved in the Global Currency Reset. Be aware of anyone contacting you asking for personal information. It has been advised that “if you are contacted by any unknown party, please note their name and contact details. Do not provide any information or sign anything. Now is the time when many criminal individuals and organizations will try to obtain data.”
Sat. 15 June 2024 Mike Bara: “I just heard from a bond broker who was waiting to be paid commissions by the US government for bringing in historic bonds. He said he would be paid on Tues.18 June 2024.”
Fri. 14 June 2024 Wolverine:
“It has started. A lot of Bond People are getting paid. It’s the biggest transfer of wealth in the history of this planet. I am absolutely overwhelmed. Looks like things are kicking off – I had three different intel saying Zurich has started. People are receiving notifications and having contracts signed, some are under NDA and will be waiting for their blessing by next week. If you say that is not true, it is because it is not yet your turn. It is a process.
“Soon we will get messages to come through to be ready. I was quite emotional, because I am in that platform, soon I will be signing that NDA, but when that happens, I am sorry, you will not hear from me because I will have to shut down, but it depends on what the NDA says, what you can and cannot say, but if I cannot talk about Intel I cannot do the live chat, but If I can talk about it, I will do more live chats.
I received another message from Brazil. They received their contracts, signed their NDA and they are waiting for their blessing. One person from Colombia called me and said: “Wolvie, Wolvie, I received the email! Oh my God, I received my email! This person has had a very hard time and barely able to survive and he was praising God that this was to finally come through. He will receive those funds by next week.
I am not hearing much from Reno. Hopefully, I will get some news coming from there. The admiral needs to go first, so we will get news for the 4A group, that is a private for that group, so the Admiral needs to go first.
Notifications should be coming out – HOLD ON. Just received a message that HE just received his blessing!)There you go guys, just got a pop-up message! It is a special code that describes his blessing. If you are a bondholder that registered with a group, it is coming your way as soon as they arrange payout for all of their members.
For the Tier4B, for currency/bonds, we just need those notifications.I am sure we will receive those notifications for currency on the weekend. I am very positive we will receive that notification. Some are asking about “why cell phone notifications”? That is for bondholders in groups.The leaders will have phone numbers for their members and send texts to all members. There is a different set up with different groups. In my group we have emails, most have emails.
Fri. 14 June 2024 member friend in Zurich: “Dear Mr XXY, I hope you have a good day. I would like to inform you of the good news soon. In addition to exclusively positive news, we can now see an amazingly positive bustle in the market. All official buyers are working feverishly to prepare files for settlement, and this month we can see the first ones. HARP first settles all types of dragons and HK-$, but only a few days later with German bonds and then currencies. What is important now is peace of mind on the part of the environment and, above all, intermediaries, confidential cooperation with the protection of all security interests, as well as good direct cooperation and communication between the sellers and Mr XY and/and you. As previously stated,: If you are contacted by any unknown party, please note their name and contact details, do not provide any information or sign anything. Now is the time when many criminal individuals and organizations will try to obtain data.
Fri. 14 June 2024 Source in Zurich: “Yesterday, the telegram channels blew up when one of the leaders of the Pentecostal group put out a YouTube video. People were overjoyed, emotional and I had hundreds of private messages coming to me. What’s App was blowing up… people were full of Joy. What we received is they have gone liquid. It is purely liquid now and now they are on the verge of releasing those funds right now.
~~~~~~~~~~~~~~
Global Financial Crisis:
Sat. 15 June 2024: 85,000 Users locked out of savings accounts at “YouTube Bank” as fears over bank failure grow: https://www.newstarget.com/2024-06-13-users-locked-savings-accounts-youtube-bank.html
Sat. 15 June 2024 Charlie Ward: “I’m talking to you from Dubai. The BRICS countries have just put embargos on the US and Israel. That’s never happened before because of the power of the Federal Reserve which has controlled countries by putting embargos on them. Now the tables have turned. It’s the power of BRICS now.”
Sat. 15 June 2024 Japan: The Bank of Japan has announced it will start reducing bond buying, following years of purchasing nearly every financial asset available. The financial market in Japan is broken. Things are moving in slow motion. https://x.com/goldtelegraph_/status/1801609527457951981?s=46
Sat. 15 June 2024 BRICS: Over $70B in Trade Will No Longer Be Settled in US Dollars: https://watcher.guru/news/brics-over-70b-in-trade-will-no-longer-be-settled-in-us-dollars
Sat. 15 June 2024 European Stocks on track for worst week since October.
Sat. 15 June 2024 The Nasdaq hit a new all time high with 72% of Nasdaq stocks closing red, and twice as many new lows as new highs. – ZH
Read full post here: https://dinarchronicles.com/2024/06/16/restored-republic-via-a-gcr-update-as-of-june-16-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 A dinar is a dinar in country. Whatever they come up with that's what it's going to be for them. But outside the country of Iraq, on an International level the Iraqi dinar is going to grow in value and...you're going to watch it grow. You're going to say, 'Hey it's at $1.50 to 1, SOLD!' Trade everything in. Somebody may say, 'Well let me wait a little bit more.' A few weeks go by. 'Hey, look it's up at $2.00. Exchanging everything!' ...outside of Iraq, we're going to be watching the float.
Militia Man If they have a real effective exchange rate like al-Sudani said, that the dinar is going to be stronger than the dollar, the parallel market goes away...Obviously the stronger the currency is the cheaper it is for Iraq to do what they need to do. It's a no-brainer. It's that simple.
Iraqi Parliament Discusses Key Logistics for Upcoming Term
Nader: 6-15-2024
Iraqi Parliament is back in July! Here's what laws are on the table:
1. New benefits: Service & Retirement plan for popular Mobilization Forces gets priority.
2. On Hold: Complex laws like oil & gas and Federal courts wait for Government action.
3. Coming soon: Changes to Civil Service Law and Personal Status Law.
4. Uncertain Future: General amnesty law on hold until new Parliament speaker arrives.
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Militiaman, News Dinar Recaps 20 Militiaman, News Dinar Recaps 20
Iraq Dinar-IQD Update-FX-NYSE Arca-ATMs Deployment Iraq-Ki Smart Card- JPMorgan-Seeks Private Money
MilitiaMan and Crew: 6-15-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraq Dinar-IQD Update-FX-NYSE Arca-ATMs Deployment Iraq-Ki Smart Card- JPMorgan-Seeks Private Money
MilitiaMan and Crew: 6-15-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
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