More News, Rumors and Opinions Saturday Afternoon 12-28-2024
KTFA:
Clare: Iraq is the world's first in the density of natural resources.. A new vision for investing resources
12/28/2024
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed a new vision for investment in materials in Iraq.
Saleh told {Euphrates News} that: “What the economic policy in our country is looking forward to is thinking outside the box and providing sustainability in the current account surplus of the Iraqi balance of payments through investment expansion in natural resources, manufacturing them and making them ready for export in a way that provides returns that help establish a sovereign wealth fund.”
He added, “The most appropriate model is to generate a sovereign wealth fund {directing its investments towards internal opportunities} and according to a different vision; since our country is ninth in the world in terms of the diversity of its natural resources in the ground and first in the world in terms of the concentration of wealth per square kilometer.” Raghad LINK
Judy Byington:
Fri. 27 Dec. 2024 Nine new countries will officially join BRICS as partner countries (not full members) on January 1, 2025.
Belarus
Bolivia
Cuba
Indonesia
Kazakhstan
Malaysia
Thailand
Uganda
Uzbekistan
Tues. 24 Dec. 2024: Major banks hit by outages in Christmas Eve disaster. The Big Four bank confirmed ‘intermittent issues’ had been reported on its goMoney app and internet banking services. https://www.msn.com/en-us/money/companies/major-banks-hit-by-outages-in-christmas-eve-disaster/ar-AA1woA8c?rc=1&ocid=socialshare&cvid=4fcd4c97c0c84799d3ca4848628e76e0&ei=19
https://dinarchronicles.com/2024/12/28/restored-republic-via-a-gcr-update-as-of-december-28-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy...the key here will be when the auctions stop and we feel like it will be either the 28th or the 29th. The dollar may jump up some due to traveling at this time but soon we should see the lower notes and the new rate.
Bruce [via WiserNow] ...we did hear from a group of very informed individuals that are part of this process...They're part of the release. They said the release is coming very shortly...What does it mean? ...Well, in this case, it means a couple of days. Releases are coming very shortly...It's coming...what I've heard since then and these were extremely valuable people that were bringing this to us... the highest of the high...we are looking for a green light from treasury/slash/Wells Fargo to release this to us over the next couple of days...Let's see what happens over the weekend.
Golden Shifts: Privacy and Wealth in a Changing World with Dr. Nomi Prins (Little By Little)
Andy Schectman: 12-27-2024
In this engaging interview, Andy Schectman sits down with Dr. Nomi Prins, a renowned macro-economist, geopolitical financial expert, and best-selling author. Dr. Prins is the founder of Prinsights Global, a company specializing in geopolitical financial and macro-economic analysis, and creator of its flagship research product, *Prinsights Pulse*.
This thought-provoking conversation delves into the complexities of the global economy, the financial system's evolution, and the strategic forces shaping our world. It’s an essential watch for anyone seeking a deeper understanding of the intersection between macroeconomics and geopolitical dynamics.