Early Access — Dinar Recaps (2024)

Exporting Economic Crises

Economical 08/12/2024 Yasser Al-Metwally Anyone who follows global economic trends notices from time to time the occurrence of afinancial crisishere and there.

Thesecrises lead to the occurrence of transitional economic crises that are clearly visible in some countries and hidden in other countries, and

the effects differ here and there depending on the fragility of the economy of the countries in which the crisis appears clearly and the strength of the economy of other countries in which its effects are hidden.

Perhaps money is the root of the problem, asits interactions crystallize and are reflected in the economy.

I am referring only for the purposes ofanalysisandclarificationof themechanism of financial crisesoccurringin major capitalist centersand thentheir transition to global economic crises,

as I previously mentioned in the previous article titled:The global economic paths are single (Monetary chaos)and

by that I meant that this chaos has a major role in the occurrence of obvious crises, as fragile economies complain of the occurrence of continuous economic crises, at the very least during the economic cycle, which is known as follows (they are fluctuations that occur in economic activity, moving from a state of recovery and growth to a state ofrecessionand recession,wheregrowth declinesandunemployment increases, and thenthecycle continues until recovery occurs.

Experts in economics attribute the causes ofeconomic crisesto the fact that theyare crisesexportedfromadvanced economies(from abroad)todeveloping economies, and

they are a product ofglobalization, which hasopened borders wide with international agreements binding on countries, and the arms of globalization have helped in deepening them, especially theInternational Monetary Fund, theWorld Bank, theWorld Trade Organization, and the Organization.

USAIDinimposing their strict, binding conditions, whether in the field of financing and granting loans or aid that countries need, and the necessity of applying them to the policies of those countries in a way that achieves a high degree of economic liberalism.

Here the picture becomes clear regarding the export of crises that are at the forefront of the financial markets, as money is the basis.

As for the meaning and concept ofdeportation, with a simpledefinition,

it is thedeportationof economic crises internallyby countries receiving funding and aid, so the solutions are patchwork, so you find crises continuing in some countries.

Themonetary chaosleft behind by the world’s decision toabandon the gold standardas a standard for evaluating currencies in 1971, liberalize exchange systems, and liberalize capital movements is behind the occurrence of economic and financial crises without radical solutions.

Thus,moneyis thebasis of economic affliction, especiallyin countries that do not manage it well..

Naturally,monetary chaoscausesexchange ratestofluctuateanddifferences between the official rate and the parallel rate.

It is a prominent phenomenon inemergingandweak economies.

Examplesinclude, but are not limited to, the Turkish, Iranian, Egyptian,Iraqi, and many others, along with other reasons, of course, which are the reason for the occurrence of financial crises.

Crisesare a phenomenon thatoriginates from abroadand istransmitted through solutions faced from within, which causes continuous financial crises in the countries where their crises are resolved, and this is what must be paid attention to.

Hence my choice of the title of the article:Financial crises between export and deportation.

https://alsabaah.iq/100870-.html

For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/

I’m a Bank Teller: 4 Reasons You Should Withdraw Your Savings Right Now

July 25, 2024 by Angela Mae GoBankingRates

Roughly 95% of Americans have either a checking or savings account, according to the Federal Deposit Insurance Corporation (FDIC). For many people, a savings account is a great place to keep extra money for a major life event, like a wedding or home purchase, or emergencies.

Savings accounts are generally FDIC-insured up to $250,000, meaning your money is protected against bank failure. The funds are also still accessible but separate enough from your checking account to where you’re less likely to use them for everyday expenses.

Still, as useful as savings accounts can be, there is a right time to withdraw the funds. If you’re thinking about withdrawing the money from your savings account, here’s when you should do it — and when you shouldn’t.

You Need Extra Cash To Cover Something Planned

“Typically, the biggest reasons people withdraw their savings are to cover a bill, to make a purchase, home repairs, for vacations or for birthdays and holidays such as Christmas,” said Arielle Torres, an assistant branch manager at Addition Financial Credit Union.

These are all sound reasons to withdraw the funds.

Say you’ve been saving up for a down payment and are ready to close on your new home — that’s a good time to draw from your savings. Upcoming trips and major home repairs, ideally those that are planned out, are also valid reasons.

You might also want to withdraw from your savings account to cover debts, especially high-interest ones that are draining your monthly cash flow. If possible, wait until you have an emergency fund. Then, once you have the funds available, pull from your savings to pay off that debt

You’re Dealing With an Emergency

One of the clearest signs that you should withdraw from your savings account is in the event of unavoidable emergencies, said Torres. Common emergencies include surprise medical bills, a broken down car, necessary home repairs and layoffs at work — basically, anything that wasn’t planned and can’t be covered with your regular income or budget.

Ideally, you’ll have a separate emergency fund for this and won’t have to touch your regular savings account. But if you don’t and you need the money, your savings account is a good alternative. It’s also a better option by far than having to turn to high-interest credit cards or loans to cover the emergency expense.

To Read More:

https://www.gobankingrates.com/saving-money/savings-advice/im-a-bank-teller-reasons-you-should-withdraw-your-savings-right-now/?utm_term=related_link_3&utm_campaign=1280587&utm_source=yahoo.com&utm_content=4&utm_medium=rss

KTFA

Monday Night Conference Call

FRANK26…8-12-24……M R EXPLOSION

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#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE

https://www.youtube.com/watch?v=O-ErwP3ngX4

Monday Evening News With MarkZ

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

Member: Good evening, all! Hoping this is our golden week

MZ: On the bond side it was a little quieter tday than I expected. I do have one that had a conference call today nd expects funding tomorrow-about mid day. I hope they receive it.

MZ: So far I do not have any confirmations of folks sitting with dollars.

Member: I wonder why do all of these bond people have appointments, and then they are hopeful, and then the update we hear is that they have more meetings, and they are "still hopefull..." ?

Member: They have got to be beyond frustrated….just like all of us are.

MZ: Here’s a good one you all sent me. “ Parliamentary committee for Nina-A government team is preparing a new draft of the oil and Gas Law” They are letting us know they are moving forward…meetings are happening and they are moving towards completion.

MZ: “ US Records 2nd biggest deficit in history as 25% of Tax revenues goes to pay interest.” This is untenable…..

Member: If your life boiled down to the craziest choice that no one would ever believe, do it anyway and rewrite the book on what’s possible

Member: Have a nice evening everyone.

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

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

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

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

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

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

Youtube: https://www.youtube.com/watch?v=q85XoWZzHk8

DJ: DID YOU KNOW?

When it comes to the GCR/RV understanding why it is essential is a good way to begin to understand it. Noting the currencies that are generally recognized as the ones that will increase in value and generate the expected windfall.

When you’re talking about Global Currency Reset it includes adjusting undervalued currency, devalued currency and overvalued currency. We’re talking ALL currencies. Some will adjust up in value but the bulk will stay the same or go down in value.

First one has to question why a country who has an undervalued currency would want to increase its value. An undervalued currency is one that is priced lower than its true market value or purchasing power parity, often due to market perceptions or government intervention, making exports cheaper and more competitive, boosting exports and reducing trade deficits.

But it can also contribute to inflation making imported goods more expensive creating higher costs for consumers and businesses that rely on foreign goods.

An overvalued currency is priced higher than its market value or purchasing power parity, which can make exports more expensive and imports cheaper, potentially leading to trade deficits

A devalued currency, on the other hand, occurs when a government deliberately lowers the value of its currency relative to others, typically through official policy changes, to boost export competitiveness or reduce trade deficits. Historically these policies create overprinting of their currency.

The most direct effect of over-printing currency is hyperinflation, a condition where prices of goods and services increase uncontrollably. As the money supply expands, the value of each unit of currency decreases, leading to a loss of purchasing power

Germany (1923) The Weimar Republic experienced one of the worst hyperinflation in history. In November 1923, the German mark became almost worthless..

Zimbabwe (2009) experienced hyperinflation in the 2000s, with inflation reaching an estimated 79.6 billion percent month-on-month in November 2008.

In 1985 Bolivia faced hyperinflation by overprinting with inflation rates peaking at 24,000% annually.

Hungary (1945-1946) . After World War II, Hungary faced massive war debts and reparations. The government printed money to meet these obligations. Hyperinflation in Hungary reached unprecedented levels, with prices doubling approximately every 15 hours.

Currently the U.S. is following the same trajectory as these previous failures by overprinting the U.S. dollar. And if the bulk of transactions of currency changes is going to be in USD , it’s something to pay attention to.

The point of the GCR is to create a global monetary system, where these shenanigans, of a country’s policies, to manipulate global trade through manipulation of their currency values, will be a thing of the past.

Understand that the GCR is all about world trade. Understanding that will help you keep your focus in the right direction.

When you’re trying to hit a home run, keep your eye on the ball not the fence you’re trying to hit it over.

DJ

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

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TNT:

Tishwash: It will provide 5 thousand job opportunities.. 3 central markets will soon open in Baghdad

The Ministry of Trade announced today, Monday, the imminent opening of 3 central markets in the capital, Baghdad, after their rehabilitation work reached advanced completion rates, confirming the provision of no less than 5,000 job opportunities in each central market.

The Director General of the Central Markets Company at the Ministry, Zahra Al-Kilani, said that “the construction, electrical and mechanical works in the central Al-Amel Market and Al-Salihiya Market are nearing completion, and we are awaiting the arrival of the goods that will be displayed in these markets, followed by the opening of the central Al-Shaab Market,” stressing that “work in the central markets has reached advanced stages.”

She added, "The company focused on rehabilitating the central markets in Baghdad Governorate as the capital, after which it will move to the governorates, including Nineveh, Kirkuk, Najaf, Diwaniyah, Maysan and Basra."

She explained that "the Iraqi constitution urged the open market, as well as the federal budget laws that were issued after that, which urged participation with the private sector, which is a global system, so the company concluded partnership contracts with companies specialized in the field of central market activity."

She pointed out that "the statistical studies and economic tables prepared by the company in cooperation with accredited consulting offices indicate that each market will accommodate no less than 5,000 job opportunities for young people, distributed among workers, administrators, and accountants, in addition to other jobs."

She pointed out that "there are marketing exhibitions in the governorates of Diyala, Muthanna and Karbala to sell electrical and electronic devices, and the payment method is in cash or in installments."

She noted that "the company's branch building in Babylon Governorate has been transformed into a free market, and is awaiting the issuance of a customs decision from the General Authority of Customs, so that the market can begin its work and enter commercial operation." link

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Update on Iraq's Financial Outlook in 2025

Nader: 8-12-2024

https://www.youtube.com/watch?v=R56npA6VU_s

A HOUSE OF CARDS BUILT OVER A POOL OF GASOLINE.

Greg Mannarino: 8-12-2024

https://www.youtube.com/watch?v=z241_eBqppQ

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US Families Are 'Woefully Under Prepared' For The Great Wealth Transfer

Maya Benjamin Sun, August 11, 2024 Yahoo Finance

The greatest intergenerational wealth transfer in history is underway, and people are unprepared, according to Michael Pelzar, head of investments at Bank of America Private Bank.

"Nearly half of wealthy families don’t have the most basic elements of estate planning in place,” Pelzar said. “What that means is that families are woefully underprepared for that wealth transfer that’ll be taking place.”

Baby boomers alone are projected to pass down over $68 trillion over the coming years. However, Pelzar explained that nearly half of wealthy families do not have the necessary preparations in place, such as a will, power of attorney, or healthcare proxy, to allow for easy inheritance.

“When problems arise with wealth transferring from one generation to the next, it’s when communications have broken down or have not taken place," Pelzar said. "People aren’t educated on the value of trust and their benefits."

Older Americans Set To Pass Along Trillions In Assets Chart: LINK

Christina Lecholop, a certified financial planner at CAPTRUST, attributed this lack of action on estate planning to the "expanding and complex" investment universe, a shift in the definition of retirement, a changing understanding of careers, and the geopolitical climate.

"People tend to delay because of uncertainty," Lecholop said. "There's a lot of headlines. There's a lot of noise that can tell people not to take action when I think that they should. And while that's all a very real consideration to pay attention to, it's important to also get started, and when people hold on, they miss out on the opportunities."

Lecholop emphasized the benefits of working with a professional to help understand finances and establish goals and priorities that help dictate investment decisions.

To Read More: https://www.yahoo.com/finance/news/us-families-are-woefully-underprepared-for-the-great-wealth-transfer-154037080.htm l

Epic Economist: This is What the Final Stages of a Bubble Economy Looks Like Just Before a Collapse

Monday, 12 August 2024, 1:08 AM

As we navigate the complex landscape of our economy today, it feels like we are precariously perched on the edge of a giant bubble ready to burst. The sensation is akin to standing on the precipice of a high cliff, where the view is breathtaking yet terrifying.

Ever since the Great Recession crashed down upon us, our leaders have resorted to extreme measures never before witnessed in modern economic history. The cumulative impact of these actions casts long shadows on our financial future, leaving us to wonder: how long can this bubble hold?

In the years following the Great Recession, the Federal Reserve embarked on a bold policy of quantitative easing, effectively creating trillions of dollars out of thin air to inject liquidity into the financial system. While designed to stave off a more profound crisis, this widespread injection of capital has consequences that reverberate through the economy. Initially, it seemed like a necessary remedy; stock markets soared, and optimism flourished. However, there’s an underlying tension that accompanies that rise—an awareness that such hyperinflation of currency cannot last indefinitely.

As individuals, we feel this dissonance in various ways. On one hand, we celebrate record-low unemployment rates and much-needed support for struggling households; on the other, alarming signals emerge from the depths of the financial system. The feeling is like riding a roller coaster: exhilarating yet unnerving, as we rise higher and higher, the anticipation of a steep plunge lurking just around the corner.

Compounding our economic anxiety is the sheer scale of our national debt, which has surged to a staggering $35 trillion and continues to climb at an alarming pace. This debt—larger than the economies of many nations—stands as a testament to our governing bodies’ willingness to incur liabilities with seemingly little regard for future implications.

Politicians in Washington appear locked in a cycle of spending, often prioritizing short-term gains over long-term stability. As they crawl into increasingly uncharted territories of fiscal policy, there exists a genuine fear within us: what happens when the weight of this debt becomes untenable? What will the burden of repayment mean for future generations? The anxiety of living at the edge of a bubble is exacerbated by the constant hum of pessimism about potential inflation, interest rate hikes, or worse, another financial collapse.

Beyond spreadsheets and stock prices, we must not forget the human element of these financial machinations. The everyday worker, the small business owner, the college graduate forging a path through adulthood—these individuals feel the weight of economic uncertainty most acutely. As wages stagnate and living costs rise, we find ourselves caught in a cycle of disappointment and disillusionment. The optimistic images projected by the media often clash with our lived realities where the prospect of homeownership becomes less attainable, and aspirations are shelved for more immediate needs.

In this environment, we become both wary and resilient. We adapt, find creative solutions to our challenges, and hold tight onto hope, even as we stand teetering at the brink of unpredictability. The social fabric stretches thin, yet pockets of community resilience emerge, offering solace amid chaos.

So, how does it feel to live on the edge of a bubble? It feels like a rushing river of uncertainty where the future is unknown and precarious. It’s a place where we balance hope for economic recovery against the looming fears of another collapse. As we look forward to what policymakers will do next—whether it’s dialing back fiscal aggression or making more radical choices—we can only brace ourselves for the consequences that lie ahead.

The bubble may one day burst, leaving us to reckon with the fallout. The feeling of living in this moment is one of shared anxiety, yes, but it’s also an opportunity to prepare for what comes next. As we reflect on the lessons from the past, we must advocate for a more sustainable future, where radical solutions don’t come at the expense of economic stability. Only then can we hope to find a balance that helps maintain our footing on this unstable ground.

Watch the video from Epic Economist for more information.

https://dinarchronicles.com/2024/08/12/epic-economist-this-is-what-the-final-stages-of-a-bubble-economy-looks-like-just-before-a-collapse/

https://youtu.be/APDlELtC6To

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

Member: Good morning, today would be a great day for an RV.

Member: Hope everyone had a wonderful weekend.

Member: The constant one step forward, two steps back is exhausting.

Member: Mark Can you please tell us this game is almost over?

MZ: The game is afoot. I think it has started…just not finished.

MZ: On the bond side. There are tons of expectations (even this morning) for bond payouts today and tomorrow. We have heard this before but there are some big differences now. Which makes me hopeful that this will be it. And we will see real solid spendable cash with the bond holders.

MZ: If this occurs…the rumors on the banking side is that by mid-week we could see a schedule –if not actual exchange appointments happening.

MZ: Cross your fingers and wait to see it this is real. Today and tomorrow should be big for us to find out.

MZ: I will keep you up to date as I get anything.

Member: an article said the HCL law is being rewritten.

MZ: If true that is good news as this comes to a conclusion.

Member: MilitiaMan had a great video overnight.

Member: And Nader dropped a new one.

MZ: Be sure to watch, and share those.

MZ: “Ghana opens new gold refinery with 20% government stake” Ghana will now be able to keep part of that gold whenever they refine it……to back currencies and develop infrastructure. This is important for gold or asset backed currencies.

Member: Do you know how many Revaluation Centers or banks there are to exchange. Just wondering how far from my small town I'll need to travel.

Member: We were told years ago there should be one within 50 miles of most Americans….not sure if that still holds true.

Member: What are the higher rates you are hearing Mark?

MZ: I cannot tell you….but they are supposedly higher than I was previously sharing….I was warned to stop sharing rates.

Member: At last count the rumors were dinar $4+, Dong $2+, Rupiah $.1.47, Zim $30-$50 mil per each 100T note.

Member: I really hope the Bolivar has a good rate.

Member: One day everything will be well, that is our hope

Member: Get ready for a booming week.

Member: Thanks Mark and mods……everyone have a blessed day.

StacieZ joins the stream today. Please listen to replay for her information

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

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

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

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

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

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

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

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

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TNT:

Tishwash: Government Advisor: Increased Export Capacity Boosts Currency Value

The financial advisor to the Prime Minister, Dr. Mazhar Mohammed Saleh, stated that the global currency rates are determined in two main ways: floating and fixed prices, indicating that there are many local and international factors that control the strength of the currency, such as supply and demand, interest rates, inflation, growth in the local economy, trade balance, and others.

While he pointed out that the strength of the national currency is linked to its external value, specifically the exchange rate, as the external value of money is directly linked to the stability of the current account of the balance of payments, especially in the long term.

Saleh said in an interview with “Al-Sabah” followed by “Al-Eqtisad News”, that “the stability of the external value of the currency requires a balance or surplus in the current account of the balance of payments relative to the gross domestic product, which should indicate a stable state at a minimum of no less than 4 percent annually, and that achieving this goal certainly depends on a sustainable increase in the annual growth rate of the gross domestic product, and exports exceeding imports within the country’s trade balance.”

Dr. Saleh pointed out that if “the country has the capacity to export goods and services more than it imports, this enhances the value of the national currency, especially the external value of the currency itself, and here the economy indicates a positive state, in addition to the availability of supporting foreign reserves that represent the main buffer against potential external factors and their effects on the overall economic situation.”

The government advisor also explained that “foreign reserves express the ability to maintain the stability of the external value of money, i.e. the stability of the exchange rate, including the strength of the commercial efficiency of reserves, which should cover the money supply in the broad sense, and more than 75 percent of that supply, noting at the same time that high sovereign and private debts can weaken the business, unless there is good financial management of debts that always leads to strengthening confidence in the national currency.”

Saleh pointed out that “the other aspect that is linked to the value and stability of the currency is the internal value of the national currency. Just as we talk about the stability of the external value of the currency, i.e. the exchange rate and its exchange power with other currencies, the internal value of the currency is the other aspect of the stability and strength of the currency. Here, the value of the national currency is directly linked to the general level of prices, i.e. the inflation index.” He explained, “If the general level of prices means the strength of goods and services expressed in money, then there is a correlation between price stability and the value of the national currency itself. This requires the availability of a wise monetary policy undertaken by central banks that makes the growth in the money supply commensurate with the growth in the gross domestic product or national income.”

The speaker noted that “the quantity theory of money is based on the principle of the neutrality of money, which holds that the cause of inflation in the long run is money itself, as growth in the money supply that is not proportional to growth in the gross domestic product leads to either inflation or contraction in the growth of the general price level. Therefore, the effect of money on the overall economy, as addressed by the quantity theory of money, means that if the amount of money in the economy increases, and there is no parallel increase in economic output, this will lead to an increase in the general price level.” link

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Tishwash: Due to financial violations, a representative demands that Sudanese terminate the assignment of governor of the Central Bank

Today, Monday, member of the Parliamentary Integrity Committee, Hadi Al-Salami, called on the Prime Minister to end the assignment of the Governor of the Central Bank, Ali Al-Alaq, stressing that he will direct oral questions to the Governor of the Central Bank.

He told Al-Maalouma Agency, “There are parliamentary demands to end the assignment of the Central Bank Governor due to his failure to control the official dollar exchange rate and the parallel price.”

He added, "There are many observations on the performance of the Central Bank Governor, in addition to his reaching the legal age, indicating that he directed questions to the Central Bank Governor and is waiting for a date to be set by the Presidency of the House of Representatives to host him inside the House of Representatives.”

He stressed that “the reason for the hosting request is the presence of a major defect in the bank’s work and the existence of financial violations estimated at approximately $120 million per month.” link

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Tishwash: Signing a cooperation protocol between the Iraqi and Egyptian stock exchanges...aims at this matter

Today, Monday, the Chairman of the Board of Governors of the Iraq Stock Exchange, Thaer Adnan Hashem, signed a cooperation protocol to enhance joint work with the Egyptian Stock Exchange management.

The media office of the Iraq Stock Exchange stated in a statement received by "Al-Eqtisad News" that "the Chairman of the Board of Directors of the Egyptian Stock Exchange, Ahmed Al-Sheikh, signed a cooperation protocol between the stock exchanges of the two countries with Thaer Adnan Hashem, Chairman of the Board of Governors of the Iraq Stock Exchange (Iraqi Stock Exchange), in the presence of Faisal Al-Haimus, Chairman of the Iraqi Securities Commission, and Hiba Al-Sayrafi, Vice Chairman of the Egyptian Stock Exchange."

He added that "the protocol aims to strengthen cooperation ties and raise the level of coordination between the two parties, increase prospects for joint work and exchange of expertise and information in all aspects of investment and develop existing legislative procedures for both parties, in addition to working to increase investment awareness and attract mutual investments between the two countries and direct savings towards investment in securities, as well as support the transition to the digital economy to increase the competitive capabilities of both stock exchanges."

In turn, the Chairman of the Egyptian Stock Exchange, Ahmed El Sheikh, confirmed that "the protocol aims to develop joint cooperation between the two parties and exchange expertise and information regarding updating legislation, regulations, procedures, work programs and methodologies related to trading in securities, as well as exchanging periodic and annual bulletins issued by both stock exchanges, as well as exchanging periodic information related to companies registered and traded in the two markets."

He added: "We are working to provide the basic information that investors in both countries need to increase mutual investments in the two stock markets."

He pointed out that "the two parties will discuss mechanisms to support and diversify the financial products available to investors and increase liquidity in both markets," stressing that "the two parties will work to encourage capacity building and training between brokerage firms and companies listed on the two stock exchanges in a way that serves the achievement of the goals of spreading awareness and exchanging expertise."

He explained that "signing this protocol comes within the framework of implementing Article (58) of the Egyptian Stock Exchange's development strategy, which falls under the sixth axis related to "promoting and spreading financial culture, training and international relations."

In this context, Faisal Al-Haimus, Chairman of the Iraqi Securities Commission, stressed that “signing this protocol represents a vital step towards deepening cooperation between the stock markets in Iraq and Egypt, which reflects our common keenness to strengthen economic relations between the two countries,” noting that “this agreement does not only aim to exchange expertise and information, but also seeks to develop the infrastructure of the financial markets in both countries by adopting the latest technologies and applying the best international practices.”

Al-Haimas added: “We realize that financial markets represent the cornerstone of developing the national economy, and therefore strengthening the partnership between the two markets will directly contribute to achieving sustainable economic growth and attracting foreign investments. We also believe that this protocol will open new horizons for cooperation in various fields, such as financial innovation and the development of new financial products, which will help enhance the competitiveness of both markets.”

Al-Haimas stressed the “commitment of the Securities Commission to provide full support for the success of this cooperation, noting that the Commission will work to provide the appropriate regulatory environment to implement the provisions of the protocol effectively,” expressing his “confidence that this cooperation will enhance the efficiency of the two markets, and increase levels of transparency and disclosure, which will enhance investor confidence and contribute to achieving the goals of joint economic development.”

For his part, Thaer Adnan Hashim, Chairman of the Board of Governors of the Iraq Stock Exchange (Iraqi Stock Exchange), stated: “The signing of this protocol, which was sponsored by the Chairman of the Securities Commission / Faisal Al-Haims, is an important step towards enhancing joint cooperation between Iraq and Egypt in the field of securities markets, as this agreement aims to exchange expertise and information between the two markets, especially with regard to updating the legislation, regulations and procedures related to securities trading.”

He explained that "this protocol is an opportunity to develop the infrastructure of financial markets, increase investment awareness, and attract mutual investments between the two countries. We will also work to support the transition to the digital economy, enhance the competitive capabilities of both stock exchanges, and encourage capacity building and training between brokerage firms and listed companies." link

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Mot: ..... Just Wondering ~~~~

Government Advisor: Increased Export Capacity Enhances The Value Of The Currency

Economical 08/12/2024 Baghdad: the mainstay of the emirate

Thefinancial advisor to the Prime Minister, Dr. Mazhar Muhammad Saleh,stated thatcurrencyprices are determined globally in two main ways:floatingandfixed rates, indicating that

there are many local and internationalfactorsthatcontrol thestrengthof thecurrency, such as

supplyanddemand,
interest rates,
inflation,
growthin thelocal economy, the
trade balance, and
others.

While he pointed out that thestrength of thenational currencyis linked toits external value, specifically theexchange rate, as the

external value of moneyis directlylinkedto thestabilityof thecurrent accountof thebalance of payments, especially in thelong term. Saleh told Al-Sabah that

“stability of theexternal value of the currencyrequiresabalanceorsurplusin the current account of the balance of payments relative to the gross domestic product,

which should indicate astable state at a minimum of no less than 4 percent annually, and that

achieving that goal certainly depends on Theannual growth rate in GDP is sustainable and high, and

exports outweigh imports within the country’s trade balance.” Dr. Saleh pointed out that

If“thecountry has the ability toexport more goods and services than it imports, thisenhancesthe value of the national currency, especially theexternal value ofthe currency itself, and

here the economy indicates a positive state, in addition to theavailability of supportive foreign reserves that represent themain bufferagainst potential external factors and their effects.” In the overall economic situation.” The government advisor also explained that

“foreign reservesexpress the ability to maintain thestabilityof theexternal value of money, that is, thestability of the exchange rate, including thestrength of thecommercial efficiencyof thereserves, whichforeign reserves should coverthemoney supplyin thebroad sense, and more than 75 percent of that supply,” pointing out.

At the same time,high sovereignandprivate debtscouldweaken business, unless there isgoodfinancial managementofdebtsthatalways leadstoenhancing confidencein thenational currency. Saleh pointed out that

“the other aspect that is linked to the value of the currency and its stability is the internal value of the national currency.

Just as we talk about thestability of the external value of the currency, that is, theexchange rateand itsexchange strength with other currencies, theinternal value of the currencyis the other aspect of thestability and strength of the currency, andhere thevalue of the currency is linked.”

Nationalism is directly linked to thegeneral level of prices, that is, theinflation index,” indicating,

“If the general level of prices means the strength of goods and services expressed in money, thenthere is acorrelation between price stability and the value of the national currencyitself, and

this matter requires the availability of awisemonetary policyundertaken bycentral banksthatmakesgrowthIn themonetary massisproportionalto thegrowthin gross domestic productornational income.” The spokesman noted that

“thequantitative theory of moneydepends on theprinciple of money neutrality, which believes that thecause ofinflationin thelong runismoney itself, as

growthin themoney supplyin a waythat is not proportional to growth in the gross domestic product leadsto eitherinflationorcontractionin thegrowth of the general level of prices.

Therefore, theeffect of money in the overall economy, as addressed by thequantity theory of money, means thatif thequantity of money increasesin the economy, andthere is no parallel increase in economic output, thiswill lead to an increase in the general level of prices. https://alsabaah.iq/100869-.html

For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/

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.

Sun. 11 Aug. 2024 Martial Law Unleased: EBS Alert and How Redemption Centers might be our only hope, Mr. Pool on Telegram

The Emergency Broadcast System (EBS) is on the horizon, and when it hits, it will be swift, silent, and shocking. Like a ghostly shadow, everything familiar will fade into obscurity. Just like the eerie silence of 2020, we’ll be asked to remain rooted, perhaps for days, maybe weeks.

There’s chatter about the Military potentially overseeing the nation until fresh elections are held, precisely 120 days post the Gesara announcement. The focus should shift towards electing individuals with business acumen, particularly those who can rejuvenate local businesses, and more importantly, food-growing enterprises.

The bustling stock market? Halted. The digital world you’re so intricately linked to? Gone. And trust me, when the EBS alert vibrates your cell phone, echoing the chilling announcement, you’ll know it’s begun.

These messages, sourced from the Starlink, are there to stay. Deleting them? Forget about it. They’re imprinted, lasting reminders of the changing times.

Essentials First: Stock up on clean drinking water. Ensure there’s enough food, not just for you, but for your pets too. Medicines? Get them in advance. Remember, the digital world is on a hiatus, so medical records are inaccessible.

Cash is King: In a world where digital transactions become obsolete, cash will be your savior. ATMs might be out of service, and swiping those cards at gas pumps? Dream on.

Mental Fortitude: When the shock hits, it’s vital to keep your wits about you. Before you extend your hand to others, ensure you’re mentally fortified. Some might be in a state of shock, unable to respond. In such cases, a breath of fresh air, a gentle walk, might help.

Your TV, phone, and internet will spring back to life, unveiling a spectacle titled ‘Disclosures’. Rumor has it, it might even grace the big screens. But this isn’t your typical Netflix binge. It’s a 24/7, 8-hour block broadcast, lasting anywhere between 3 to 10 days.

But when the switch is flipped back, expect a metamorphosis. A world pulsating with positive energy, devoid of evil’s grasp. The internet? Transformed. Banking systems? Revolutionized. This, dear readers, is the dawn of an era of transparency and abundance. A veritable paradise on Earth.

~~~~~~~~~~~~

Global Financial Crisis:

Sun. 11 Aug. 2024 $2,460,000,000 worth of Bitcoin & Ethereum options expire today.

Sun. 11 Aug. 2024 Buffet Sold Stake in Apple: https://search.yahoo.com/search?p=Warren+Buffet+Sold+1%2F2+Stake+in+Apple&fr=iphone&.tsrc=apple

Americans are holding a whopping $7.162 trillion in uninsured cash in their bank accounts, according to an under-the-radar report from the Federal Deposit Insurance Corporation (FDIC).

U.S. Banks Facing $517 Billion of Unrealized Losses.

Sun. 11 Aug. 2024: THE EVENT 5D: NESARA and GESARA! The United States Gov. the Most Corrupt Place on Earth – Get Rid of Biden, and Start the New Money System! – amg-news.com – American Media Group

Read full post here: https://dinarchronicles.com/2024/08/12/restored-republic-via-a-gcr-update-as-of-august-12-2024/

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

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Japan Just Sold 75% Of It's US Treasury & SHOCKS The World!

Tech Beat: 8-11-2024

In this video, we look at Japan's startling and unprecedented move to sell off 75% of its US Treasury holdings, which sent shockwaves through global financial markets.

This decision represents a dramatic shift in Japan's economic strategy, with potentially far-reaching effects for both the United States and the world economy.

We investigate the reasons for this rapid sell-off, examining the possible factors that prompted Japan to cut its exposure to US debt.

Could it be a reaction to rising interest rates, fears about the stability of the US currency, or a strategic reallocation of Japan's foreign reserves?

We examine the fundamental elements motivating this decision and what it means for the future of US-Japan ties.

Furthermore, we investigate the global implications of Japan's actions, namely how this move may affect other key holders of US debt and the broader financial markets.

What does this signify for the US Treasury market, and might it cause a domino effect in other countries? Join us as we examine these crucial concerns and make predictions for what lies ahead in this quickly changing economic world.

https://www.youtube.com/watch?v=-i0lIOjoRCU

Iraq Dinar News-IQD Dinar-No Debt-CBI Gov in Place-Digitization-Show Cased-to Raise Value of the IQD

MilitiaMan and Crew: 8-11-2024

https://www.youtube.com/watch?v=8nPCIBAmO24