News, Rumors and Opinions Friday AM 4-26-2024

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 Fri. 26 April 2024

Compiled Fri. 26 April 2024 12:01 am EST by Judy Byington

Global Currency Reset: What We Think We Know as of Thurs. 25 April 2024: (RUMORS)

Thurs. 25 April Bruce: Today a Redemption Staff Leader said that the staff is going in tomorrow Fri. 26 April to be there for the 800 numbers to come out for Tier4b (us, the Internet Group), with exchange appointments to begin on Sat. 27 April.

On Fri. 19 April the Global Currency Reset process began as verified by Michael Rueben, the Paymaster over all Paymasters across the World who is based in New York.

On Sun. 21 April GCR protocols were delivered to Tier4B Internet Group lead representatives.  

On Mon. 22 April the Iraqi Prime Minister turned over the Dinar revaluation to head of the CBI, which provided the new Iraqi Dinar Rate to the IMF, which provided it to the Forex, which had 72 hours to begin trading it on the bank back screens.

Bond Holders have begun to be paid out and made liquid. After 30% of Bond Holders have been paid out, Tier4b (us, the Internet Group) will be notified to set appointments for exchanges.

Redemption Centers and Banks have the new rates on their screens awaiting authorization to begin processing exchanges.

The Iraqi Dinar was the Kingpin to launch the Global Currency Reset of 209 countries.

“The Governor of the Central Bank of Iraq has told the citizens to prepare for a currency exchange. The citizens of Kurdistan are expecting this by Sat. 27 April.” …TNT Tony

Iraqi PM Sudani said his desire was to roll the dinar value back to the 80s and 90s, which was around $4.00 per one USD.

Countries wishing to be part of the Global Currency Reset were dropping the fiat Federal US Dollar as their basis for international trade in order to join the BRICS Alliance – the latest being Venezuela.

On Thurs. 9 May Iraq would be considered to be a part of the World Trade Organization.

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Thurs. 25 April 2024 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#

A Bond Paymaster said that starting Sat. 27 April Kurdistan and the rest of Iraq will have a new Dinar Currency Rate.

On May 8 Iraq will be part of the World Trade Organization.

Tier4b has to be going before Sun. 28 April.

This morning a Redemption Staff Leader said that the staff is going in Fri. 26 April to be there for the 800 numbers to come out for Tier4b (us, the Internet Group) exchange appointments to begin on Sat. 27 April.

Emails should go out on Fri. 26 April for Tier4b exchange appointments to begin on Sat. 27 April.

Canadian Tier4b should get the same 800 number for currency and Zim holders.

HSBC is the lead bank internationally including Canada. Wells Fargo is lead bank for the US. Bank Santago is the lead bank for South America.

Read full post here: https://dinarchronicles.com/2024/04/26/restored-republic-via-a-gcr-update-as-of-april-26-2024/

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  With corruption all over Iraq they will announce the new exchange rate and then parliament will have to do an emergency session to make the vote… There are so many crooks in our nation.  This is what was preventing our new exchange rate.  It’s different now.  FRANK:  I agree with your procession of events to occur… Everything waits for the new exchange rate especially the budget.

Militia Man  Iraq has put themselves into a position that is now down to the wire for for us to get that budget to a place that they can do what they’re going to do…If they have an exchange rate that needs to facilitate all these deals…it looks like the United States and Turkey were the last two key indicators that show things are going to happen.  

Bank Of America Has URGENT Warning For Account Holders

Atlantis Report:  4-25-2024

Bank of America carries significant influence in the global finance industry, and it has the power to influence investors, policymakers, and industry leaders.

Recently, the bank issued a warning to its account holders, which caused concern among investors.

Due to market volatility, the bank’s analysts have advised customers to remain alert in the coming weeks.

This volatility has severe implications for equity and other financial markets investors, who will need techniques to navigate these uncertain times.

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

Goldilocks' Comments and Global Economic News Thursday Evening 4-25-24

Goldilocks' Comments and Global Economic News Thursday Evening 4-25-24

Good Evening Dinar Recaps,

China's Payment Regulations Announcement:

On December 9, 2023, Chinese Premier Li Qiang signed Decree No. 768 of the State Council.

The People's Bank of China is giving us a look at their implementation rules for their new payment regulations.

It covers risk management, e-commerce, faster mobile and computer payments, connections between central depository institutions, banking systems, monetary policies, guidelines, management of payment rules between Financial institutions, and various types of accounts.

After implementation, these new regulations will be sent to Clearing House Institutions for Network inclusion and compliance directives to enforce this new payment system.  This decree is China's regulations on the Supervision and Administration of Non-Bank Payment Institutions.

A non-bank entity provides similar services to a bank, but they do not hold a banking license. This merges the new Digital Economy with the Traditional Markets and Banking System inside our new digital economy.   Peoples Bank of China

It will go into effect on May 1, 2024.

© Goldilocks

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Japan is the fourth-largest export market and trading partner of the United States with a 68 billion trading deficit.

Why this partnership is so important comes of its connection to US Dollars held within their accounts to support the Yen.

Japan is giving an imminent warning that they are going to have to prop up their currency by intervening into the markets.

This means they will be selling their dollars that they have bought over the years to support the Yen from continuing to fall in its price.

As the yen begins the process of leveling the playing field between the price of the dollar against the yen, it will begin to affect the global markets as well.

This move will cause trading deficits and appreciation with other countries around the world as the Yen begins to rise in its price.

Eventually, the move toward more reliance on their Basel 3 compliant policies over the dollar will stabilize the Yen as these temporary measures go into effect.

As we have spoke of recently in this room, we are moving into credit valuation adjustments. This is going to be a big one because of so many trading contracts take place between the US and Japan.

Volatility in the currency markets are about to begin, and they will end with the stabilization of all currencies based upon real values connected to them through gold.

If you think the recent actions to regulate and place laws on Stablecoins is a coincidence, you might want to look again.   Reuters 1   Reuters 2   Trade

© Goldilocks

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This Louisiana Man Collected Over Half a Million Pennies in 45 Years | ABC News

I wish he would have sold it to an exchange center instead of a bank. Can you imagine how much he really lost on this exchange.

Copper is now a critical mineral and a global shortage metal. Know what you hold my friends. Know it's worth.

A wise investor explores exchange options.

👆4.49 per lb×2800 lb of copper= $12,572

The above is copper's current actual worth. The bank gave this man...$5,136. He lost over $7,000 on this deal.

Do your own research my friends.

© Goldilocks

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👆 Can you imagine how much this man would have had if he waited until next year to sell his copper? So sad.

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Nonbank Financial Institutions: What They Are and How They Work | Investopedia

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Stablecoin News: Top Democrat Predicts Imminent Deal On Stablecoin Regulation | Coingape

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Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg

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Venezuela demands oil purchases to be paid in #USDT to Bypass U.S Sanctions 🤨 | Twitter

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What are the Bretton Woods 3 institutions? | UN

* International Monetary Fund (IMF)
* International Finance Corporation (IFC)
* Multilateral Investment Guarantee Agency (MIGA)
* The World Bank.
* The World Trade Organization (WTO)

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Ripple to Use Stablecoin for US ODL Customers, Not XRP | The Crypto Basic

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A new web3 network is being built right now that wants to end Big Tech’s control of your data | Tech Crunch

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Navigating The Generative AI Divide: Open-Source Vs. Closed-Source Solutions | Forbes

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Mannarino Market Risk Indicator

The Dow Index has lost over 3.82% the past 4 weeks. We talked about the Markets moving down for the next three to five weeks almost a month ago. How am I doing so far?

© Goldilocks

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China's March net gold imports via Hong Kong up 40% from Feb | Zawya

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Book of Zephaniah Summary: A Complete Animated Overview | Youtube

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👆 Sound familiar? It should, what we are going through is a Biblical prophecy. 

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Meaning: Hidden by God.

Zephaniah is a masculine name of Hebrew origin that means "hidden by God." This is a biblical name shared with minor prophets in the Hebrew Bible and its meaning is symbolic of God's protection.

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U.S. Debt Crisis to Make the Fed ‘Irrelevant,’ Watch These Hard Assets Get ‘Unleashed’ — Tavi Costa

U.S. Debt Crisis to Make the Fed ‘Irrelevant,’ Watch These Hard Assets Get ‘Unleashed’ — Tavi Costa

Kitco News:  4-25-2024

Jeremy Szafron, Anchor at Kitco News, interviews Tavi Costa, a macro strategist from Crescat Capital, to discuss the pressing issues facing the 2024 economy.

They discuss the implications of high sovereign debt, the Federal Reserve's response to inflation, and the rising geopolitical tensions.

Costa shares his insights on why he believes the Fed will become "irrelevant" due to unsustainable debt levels and highlights which hard assets are poised to benefit in this turbulent financial landscape.

0:00 - Introduction & Global Economic Overview

1:21 - Federal Reserve's Policy Impact

2:44 - Credit Markets & Recession Risks

 3:39 - IMF Growth Projections vs. Reality

4:38 - Fiscal Policies & Inflation Dynamics

5:34 - Stagflation Threat & Market Mispricing

6:58 - Hard Assets & Investment Opportunities

10:36 - Debasement of Fiat Currencies

18:34 - Global Economic Shifts & Opportunities

25:05 - Final Thoughts on Economic Outlook

https://www.youtube.com/watch?v=YZm6-Yd_ebQ

Some “Thursday News” Posted by TNT Members 4-25-2024

TNT:

CandyKisses:  US threats close the Iraqi stock exchange at a loss

Economy News - Baghdad

The Iraqi stock exchange closed the weekend session, losing 0.35%, as a result of security developments in northern Iraq after the threat of the United States of America, strikes inside Iraq.

The bourse's main index reached 1,006.5, trading 890 million shares, worth 1.1 billion dinars, through 817 deals, on the shares of 40 companies.

As for the most active companies in terms of traded shares, the Middle East Bank topped the list with 200 million shares, worth about 243 billion dinars, and the Iraqi Islamic Bank with 182 million shares.

Tishwash:  Analyst: Al-Sudani is the first prime minister to work around the clock

 Political analyst Alaa Al-Azzawi confirmed today, Thursday, that Prime Minister Muhammad Shiaa Al-Sudani is considered the first prime minister to work around the clock, and his closeness to citizens increased his popularity, and Iraq has never seen a prime minister this close.

Al-Azzawi told the Iraq Observer Agency that the Prime Minister was on an official visit last week in the United States of America, and the world saw how he wandered here and there and the meetings and agreements that were concluded, as well as the meetings with senior officials in the United States of America, and when he returned to Iraq at the beginning of this week, he received On Monday, Turkish President Recep Tayyip Erdogan, in addition to holding intensive dialogues, and not least, Al-Sudani’s visit to Anbar Governorate yesterday, Wednesday, and his meeting with department directors.

He pointed out that this feeling and belonging in closeness to the citizen raised the level of trust that the citizen lost during two decades, in addition to the presence of general satisfaction with the general policy of the ministerial cabinet, which is considered the first government close to the people.  link

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CandyKisses:  Deputy: The development road will reduce the transport of goods from Basra to the heart of Europe by 72 hours

Deputy: The development road will reduce the transport of goods from Basra to the heart of Europe by 72 hours

Information / Baghdad

MP Mudar Al-Karawi confirmed on Thursday the existence of 3 advantages of the Iraqi development road. 

Al-Karawi said in an interview with Al-Maalouma that "the development road is a strategic development project that will start from the ports of Basra towards Turkey and from there to the heart of Europe with land tracks, railways and investments that may reach $ 18 billion."

He added, "The road is characterized by 3 important points, most notably reducing the extent of transporting goods from Basra to the heart of Europe in 72 hours, while all similar projects in the region have a double trip in terms of time, cost and logistical challenges, which makes the development road the most important genealogy."

He pointed out that "many countries have expressed their desire to have significant investments in projects on the development road, which will be implemented in 2025."

The development road is one of the strategic projects in Iraq, which will launch its first phase during 2025.

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Tishwash:  Will the agreements signed with the US Treasury reflect positively on the exchange rates?

Today, Thursday, economic expert Abdul Rahman Al-Mashhadani stated the possibility of Iraqi getting a green light to contract with Iranian companies that are not sanctioned by the United States, while anticipating the impact of the Central Bank’s agreement with the US Treasury on exchange rates.

Al-Mashhadani said, in an interview with Al-Iqtisad News, “The visit of the Prime Minister, Muhammad Shiaa Al-Sudani, to America is very positive, but so far the results of what was agreed upon in Washington have not appeared.”

He added: “It is hoped that the Central Bank of Iraq will announce the measures that were agreed upon in Washington, which could have a positive impact on the exchange rate,” pointing out that “the real problem of exchange rates has not yet been solved, which is dealing in trade with banned countries.” .

The economic expert explained, “The economic aspect was the main focus of Sudanese’s visit to Washington, and it became clear through the meetings and discussions held by the Central Bank of Iraq, with the US Treasury regarding the sanctions imposed on Iraqi banks or even the issue of financial transfers to Iran, in addition to the required investments, which "It is possible to sign in the energy field."

He stressed, "Iraq got the other light by contracting with unsanctioned Iranian companies, which allowed the Ministry of Electricity to sign a contract to recover Iranian gas for a period of five years, at a time when the government is heading to end this file after 3 years, according to what was announced  link

Tishwash:  The most difficult option.. Warnings of the danger of floating the Iraqi dinar without achieving an “important condition”

Economist Nabil Al-Marsoumi warned today, Thursday (April 25, 2024), of the dangers of floating the Iraqi dinar, noting that such a step could lead to the dinar witnessing a violent collapse and rampant inflation that would jump prices to insane levels.

Al-Marsoumi said in a post on the social networking site “Facebook”, followed by “Baghdad Today”, that “some are proposing a solution to address the double price of the dollar against the dinar and the existence of a large gap between the official and parallel prices through a free float of the Iraqi dinar,” indicating, “i.e. Turk.” The dinar is in the market to find its price against foreign currencies through the interaction of the forces of supply and demand.

 Al-Marsoumi added, “Such a decision has some economic positives,” adding, “But the economy should not be taken in its abstract aspect, but rather insofar as it relates to people, especially the poor.”

He continued, "In light of Iraq's lack of a national private sector that could contribute to increasing the supply of dollars in the Iraqi market, and because of the large volume of imports, which reach 67 billion dollars annually, the only party that owns the dollar is the government," explaining that "in the event that the government decides not to intervene." In the exchange market, it is expected that the dinar will witness a violent collapse and rampant inflation that will cause prices to rise to insane levels that will cause severe damage to citizens’ living standards, and the poor will become more miserable, and will later lead to social tensions and a major rift in the social peace.”

It is noteworthy that the floating exchange rate or currency float is the currency exchange rate that has been floated so that it has become completely liberalized, so the government or the central bank does not interfere in determining it directly, but rather it is released automatically in the currency market through the supply and demand mechanism that allows the price to be determined. Exchange the national currency against foreign currencies.

It is worth noting that the price of the dollar in the local markets is still experiencing a state of instability between rises and falls, even though the official price in the Central Bank of Iraq is 132,000 dinars per 100 dollars, but in the local markets it is witnessing an increase of more than ten points and may at times reach double this.

The number is despite the numerous measures and packages launched by the Central Bank of Iraq, where some attribute that the reason for this confusion in prices is the result of smuggling operations and speculation in the black market for currency  link

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Tishwash:  Will the US withdraw from Iraq?

For the Biden administration, the primary concern regarding Iraq is to avoid a recurrence of the chaotic scenes witnessed during the withdrawal from Afghanistan

 It is being speculated that Israel's ongoing attacks on Gaza since October have prompted a reassessment of the United States' regional policies, sparking discussions within the Joe Biden administration about the potential withdrawal of U.S. troops from Syria and Iraq.

Allegations initially raised by major media outlets like Reuters earlier in the year have resurfaced in light of recent developments in the region.

While these claims have not been officially verified, conflicting statements are emerging from official sources regarding the matter. It is widely recognized that the U.S. Department of Defense (Pentagon) has been the most resistant to the notion of ending the "endless wars," a concept often debated during the tenure of former President Donald Trump but never actualized. However, this issue transcends mere institutional sovereignty; arguments such as the ongoing fight against Daesh no longer suffice to convince the American public to support the expenditure of their tax dollars beyond their borders.

 Furthermore, the consistent support for withdrawal in Trump's stance, coupled with his rising popularity in polls leading up to the upcoming elections, adds pressure on the Biden administration to address this matter decisively.

According to reports in the international press, the issue of U.S. withdrawal from Syria has not yet been addressed. The current focus lies on the U.S. presence in Iraq. Iraqi Prime Minister Mohammed S. Al Sudani has repeatedly stated that the mission of the U.S.-led coalition forces in the country has concluded and they should withdraw.

Additionally, the Iraqi Foreign Ministry has announced an agreement between Baghdad and Washington to establish a commission aimed at initiating discussions about the future of the U.S.-led military coalition in Iraq. This commission will be tasked with determining a timetable for the gradual withdrawal of troops and the eventual termination of the coalition's presence.

Iraq vs. Afghanistan contexts

For the Biden administration, the primary concern regarding Iraq is to avoid a recurrence of the chaotic scenes witnessed during the withdrawal from Afghanistan. As Trump emphasized, such "ineptitude" not only undermined U.S. hegemony in Afghanistan but also had repercussions extending from the Gulf to Eastern Europe. The resulting power vacuum led to new regional alliances, such as the Saudi-Iran rapprochement, which excluded the U.S. Moreover, it emboldened China and Russia in their pursuit of expanding spheres of influence.

Hawks in the U.S. assert that a scenario akin to the "apocalypse" witnessed in Afghanistan would unfold should they withdraw from Iraq. However, the contexts of the two nations differ significantly. Despite enduring years of U.S. occupation, Iraq maintains a functional state apparatus and an integrated democratic political system, setting it apart from Afghanistan. Moreover, its economy is self-sustaining.

The impediments to normalization in Iraq include not only the presence of the U.S. and proxy groups like the PKK but also Iran's military presence in the region. 

In this context, Türkiye's role proves invaluable. Ankara boasts seamless political, commercial and cultural ties not only with Iraq's central government but also with the Kurdistan Regional Government (KRG) in the north. President Recep Tayyip Erdoğan's recent visit to Iraq unequivocally underscored Türkiye's pivotal role in fostering stability in the country.

Should the mutual occupation by the U.S. and Iran in Iraq cease, Türkiye could naturally assume a significant role as a mediator in the transitional phase. Such dialogue would serve as a crucial cornerstone for regional peace.  link

More News, Rumors and Opinions Thursday Afternoon 4-25-2024

KTFA:

RMF: Probably just another coincidence but same date as ascension to WTO:

Member of the Parliamentary Finance Committee, Haitham Al-Zahwan, announced on the 21st of this month, “There is a possibility to send the 2024 budget and approve it before the legislative recess of the House of Representatives begins next May 9.

RMF:  Just another reason to believe the rate is about to change:  Wonder if it will be retro ?
President Biden has formally proposed the highest top capital gains tax in over 100 years

The proposed Biden top capital gains tax rate is more than twice as high as China’s rate.

Clare: Urgent... Source for Al-Furat News: The Council of Ministers holds a session this afternoon

4/25/2024

An informed source revealed that the Council of Ministers will hold a session this afternoon, Thursday

The source told {Al-Furat News} agency, "The Council of Ministers will hold at one o'clock this afternoon a make-up session for a session that was missed due to Prime Minister Muhammad Shiaa al-Sudani's travel to Washington last week."

The Council of Ministers holds regular sessions every Tuesday of the week.

It is noteworthy that Prime Minister Muhammad Shiaa Al-Sudani visited Washington on April 14, lasting for about a week, during which he met with US President Joe Biden and officials in his administration, including the Minister of Defense, as well as businessmen, heads of companies, Iraqi communities in the United States, and foreign media.  LINK

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Clare:  Al-Sudani will visit Saudi Arabia at the end of this month

4/25/2024

An informed political source said on Thursday that the Iraqi Prime Minister will pay a visit to Saudi Arabia at the end of this month.

The source told Shafaq News Agency: “The visit comes to participate in the special meeting of the World Economic Forum, which will be hosted by Riyadh on April 28 and 29.”

Last week, the Iraqi Prime Minister made a visit to the United States of America that lasted for several days.   LINK

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

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  They are telling us on TV news about Iraq accession to WTO May 9th.  FRANK:  There you go.  Iraq [will be] part of WTO as of May 9th.

Mnt Goat   The reinstatement is coming, it won’t be years anymore and I firmly believe from what we already know and what we are now witnessing, the writing is on the wall, but just not yet. Do you hold large sums of Iraqi dinar? Are they the larger three zero notes issued after 2003?  If so, you just might be a millionaire sooner than later.  In the month of April, Iraqi reforms has made monumental leaps and bounds even since 2023. Folks, it’s about to EXPLODE!  It is now openly evident...It would be foolish to turn back now. Full speed ahead, choo-choo.

Alert! STOCK MARKET FUTURES ARE CRATERING! ECONOMY MUCH WORSE THAN "EXPECTED."

Greg Mannarino:  4-25-2024

https://www.youtube.com/watch?v=RIoNZq8wz04

Peter Schiff on 50% Gold Allocation, Economy Crash Landing, Intrinsic Value & Bitcoin Regrets

Natalie Brunell:  4-25-2024

https://www.youtube.com/watch?v=h1xoaQkPmns

“Tidbits From TNT” Thursday Morning 4-25-2024

TNT:

Tishwash:  Al-Araji from Russia: Iraq still needs the support of the international community

Iraqi National Security Advisor, Qasim Al-Araji, confirmed on Thursday that his country still needs the support of the international community to achieve stability and sustainable development.

This came in a speech he delivered at the twelfth meeting of senior officials on security issues held in St. Petersburg, Russia 2024.

Al-Araji said in his speech, "Iraq's message to the international community is a message of reassurance that our people have overcome the challenges of violence, terrorism, and sub-identities and are moving forward on the path of peace and sustainable development."

He added, "We look forward to supporting the economic process and moving the wheel of development, education, and other aspects related to the future of Iraqis, by transforming crises into opportunities for success."

Al-Araji pointed out that "Iraq still needs the support of the international community, to achieve the paths and requirements of managing diversity and pluralism and enhancing its national security in order to achieve sustainable stability and development."  link

Tishwash:   Sudanese Advisor: $450 billion value of future investment projects in Iraq

The Prime Minister's Advisor for Investment Affairs, Muhammad Al-Najjar, revealed on Wednesday the value of the investment projects that will be implemented in Iraq during the coming period.

Al-Najjar said in a televised statement, followed by “Al-Eqtisad News,” that “the economic growth that Iraq is currently witnessing is due to a number of reasons, the most important of which is the maintenance of stable oil prices, as this contributed to achieving financial abundance, in addition to the calm and political stability, which prompted the private sector.” To pump very large sums of money into strategic projects.”

He added, "The value of the investment projects that will be implemented in Iraq is estimated at 450 billion dollars, most of which are related to infrastructure and climate change," noting that "Qatar, Saudi Arabia, and the United States are the most prominent investing countries during the coming period, as Iraq has signed several agreements with those countries."

Al-Najjar continued, "Iraq, according to these data, will record the highest levels of economic growth in the world," noting that "the government's vision includes involving the private sector in achieving sustainable development through the implementation of various projects, especially in the areas of health and housing."

He confirmed the existence of "a package of important changes that will occur in Iraqi commercial and economic laws, as these packages were presented by the Council of Ministers to auditing bodies to be later presented to the House of Representatives." 

He revealed that "the Iraq Fund for Development is in the process of launching a project (rent and own), which means owning the property for its residents, and it is a project proposed for the first time in Iraq."   link

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Tishwash:  Iraq alone possesses 9% of the world's reserves...a magical material to stimulate agriculture and the economy, awaiting investment

 Economic researcher Salah Al-Moussawi revealed today, Wednesday (April 24, 2024), that phosphate is a wealth that will not be depleted in Iraq for hundreds of years, while noting that it achieves a double benefit.

Al-Musawi is one of those who worked for years in the phosphate sector in western Iraq at the end of the seventies of the last century, and he is familiar with the numbers and studies that took place for years about this enormous natural wealth and how it can be invested in a way that leads to a qualitative shift in supporting the agricultural sector.

He said in an interview with “Baghdad Today” that  “fertilizer prices in global markets approached $1,200 per ton, but in Iraq it can be produced for only $200, and this difference gives farmers momentum to reduce production costs at significant rates,” stressing that “phosphate factories are capable of Producing at least one million and 200 thousand tons annually, but the numbers may double with the presence of new lines, and it could constitute a resource not only for the country but also for neighboring countries due to the difference in prices and quality.”

He pointed out that "the phosphate reserves in Iraq are sufficient to operate at current production levels for hundreds of years without being depleted, meaning that we are facing great wealth," stressing that "the Sudanese government has actually begun to move towards investing Iraq's capabilities in several areas away from the oil file because it is aware of the seriousness of the changes." The importance of diversifying the economy, giving greater importance to agriculture, and ensuring its tools, including fertilizers, for survival and growth.”

Optimally investing in phosphate would achieve two main goals at the same time, which is providing fertilizer at prices equivalent to approximately 15% of the import cost, in addition to finding a new export resource away from oil.

Iraq ranks second in the world in phosphate reserves, as Iraq alone possesses 9% of the total global reserve, according to the Iraqi Geological Survey.  link

Mot: Bet Ya Didnt Knows ~~~~~

Mot:  .. Yeppers!! - Frustrating When This Happens

News, Rumors and Opinions Thursday AM 4-25-2024

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 Thurs. 25 April 2024

Compiled Thurs. 25 April 2024 12:01 am EST by Judy Byington

Tues. 23 April Wolverine: “An audio came out from the owner of the Pentecostal Group in Columbia. Michael Rueben who is the number one Paymaster over all the Paymasters in the World, had a meeting with the committee. He said that things have started. They are releasing to The People and we are going to have a beautiful week this week. … In Mexico the banks are closing and will be closed for five days.”

Tues. 23 April Both Wolverine and TNT Tony maintained that Reno started the Global Currency Reset process last Fri. 19 April.

Wed. 24 April TNT Tony: The governor of CBI has told the citizens to prepare for the currency exchange. The citizens of Kurdistan are expecting this to happen by Sat. 27 April. Three Letter Agencies Update: Agency 1 —-  As of yesterday……Nothing until this coming week end – the “Powers That Be” wanted three more days to get their ducks in a row. Agency 2 —- At yesterday’s meeting they told that Wells Fargo is still the lead bank because they’re the only bank willing to take anybody and everybody. They were told to stay ready. Banks are currently on standby. They still have rates on their screens, and are awaiting authorization to process you.

Tues. 23 April Bruce The Big Call Universe (ibize.com)  667-770-1866, pin123456#: “Redemption Center sources say everything will be released by the end of the week. One Redemption Center Head said ‘This is the week.’ Since Sun. 21 April 19 currencies have been going up in value on the Forex. Zim has been on par with the US Dollar and was now over par. While most currencies will top out, the Dong may continue to go up in value.”

Tues. 23 April MarkZ: “Bonds are now being paid out (made liquid). Tier4b (us, the Internet Group) will be notified to set appointments for exchanges after 30% of the bonds have been paid out. …There are people who have already received their money to spend. It’s on a descending scale and we must wait patiently our turn. Be happy that the money movement has already started.”

On Mon. 22 April an Iraqi citizen used his Central Bank of Iraq (CBI) Debit Card to purchase an item in Texas and found the exchange rate at that moment was $3.90 USD per 1 Iraqi Dinar.

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Global Financial Crisis:

U.S. debt soars by $1 trillion every three months with interest expenses through the roof.

THE UNITED STATES IS DRAFTING SANCTIONS THAT THREATEN TO CUT SOME CHINESE BANKS OFF FROM THE GLOBAL FINANCIAL SYSTEM.

Wed. 24 April: Chase Bank app is down — many Americans report issues in accessing online banking.”

Wed. 24 April: BREAKING: Global Financial Emergency! Black Swan Event, Quantum Financial System (QFS), BRICS Alliance, Starlink Satellite System, Financial Apocalypse. . . – American Media Group (amg-news.com)

Wed. 24 April: Global Financial Crisis + Stock Market Crash + Crypto Market Crash= Space Force, StarLink, Tesla Free Energy and Global Currency Reset! – American Media Group (amg-news.com)

Wed. 24 April: https://beforeitsnews.com/financial-markets/2024/04/crisis-zone-on-the-edge-of-a-total-debt-market-meltdown-important-updates-greg-mannarino-5408285.html

Read full post here:  https://dinarchronicles.com/2024/04/25/restored-republic-via-a-gcr-update-as-of-april-25-2024/

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

Nader From The Mid East  This visit to United States it was really good.  All this contracts they signed...all these people want to go to Iraq to do business, start businesses.  It's great.  Now they have the ball in their hands so we see what they're going to do with it.  They're going to score or pass on the side again? 

Breitling  You have these currencies that have a lot of zeros behind it.  Comparing with these other currencies that LOPed, Iraq is a completely different case.  They don't have a market problem.  They don't have a customer problem. Where is the inflation coming from?  It's coming from policy.  How can they add value to their currency?  It's all going to be based on 100% policy.  The authority comes from parliament, the Ministry of Planning, Ministry of Finance and the Central Bank of Iraq.  They don't need any more customers.  To add value to the currency they don't need to do anything else.

Yeesss clean up the dollar $$

Nader:  4-24-2024

https://www.youtube.com/watch?v=FZlokq1kkmE

Finally, Turkey's President Visits Iraq

Edu Matrix:  4-25-2024

Finally, Turkey's President Visits Iraq - Iraq has had an ongoing series of issues with Turkey, from the water levels in the rivers to the PKK and the oil exports from Northern Iraq to Turkey. The Turkish President showed up . Issues were resolved. Agreements were signed.

https://www.youtube.com/watch?v=MBmRGUL6vI4

Goldilocks' Comments and Global Economic News Wednesday Evening 4-24-24

Goldilocks' Comments and Global Economic News Wednesday Evening 4-24-24

Good Evening Dinar Recaps,

I see two things that have to happen before we see an RV on our paper money. Gold has to be able to withstand anything that is thrown at it, and the QFS has to be completed my friends.

We are looking at the CFTC being able to take us in soon, BUT as they have said in their own words yesterday:

“as soon as technologically practicable.”

Going forward, connections to those who are actually creating the system in the field of technological development are the people who provide us with real Intel.

Everything else, is just simply getting the word around that everything is done and secondary intel.

What is going on behind the scenes in technological advancement is our path forward. The old world has passed away and all things are becoming new.

Let me introduce to you the new World Reserve Asset going forward. Ripple is the new dollar. When Ripple is set free backed by gold, so are we.   The Banker

© Goldilocks

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US to take aim at Chinese banks aiding Russia war effort — WSJ - BusinessWorld Online

👆 Can you see how this is pushing the digital economy forward and new payment system especially in the east?

© Goldilocks

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BRICS weighs in on using stablecoins in settlements, Russian official says | Crypto News

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US Senate Introduces Stablecoin Regulation Bill | The Crypto Times

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Crypto ETFs Make Great Headlines, But Stablecoins Are Key To Mass Adoption | Forbes

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Spring Meetings 2024 Wrap Up: Despite mounting crises, persistent lack of political will to match rhetoric with action remains - Bretton Woods Project

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Message from Freedom Fighter on Iraq's RV Process 2024-04-24

LISTEN HERE:

👇Reposted from this morning:

CBI Banker in Iraq Contact:

Dee and I just finished a conversation with our CBI Banker in Iraq with ties to the Foreign Remittance Department.

Iraq is currently increasing the amount of Gold they hold that will support their currency.

Iraq is encouraging people to use a debit (Visa & Master) Card as much as possible, so they can get used to becoming a cashless society.

As far as a rate is concerned, they are looking to move from 1,310 to 1,000 soon.

Many new agreements have been signed with other countries to increase the demand for their currency as of late.

He expressed that they still need more goods to sell to increase their money velocity.

Iraq has not moved to a position of removing the three zeros on their currency just yet.

It was mentioned that they are still working with their Foreign Corresponding Bank to complete their banking reforms this year.

© Goldilocks

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Iraq is telling us on the CBI website that they are meeting their Financial Inclusion Requirements.

G20 has standard guidelines for what this means.

"Financial inclusion is measured in three dimensions: (i) access to financial services; (ii) usage of financial services; and (iii) the quality of the products and the service delivery."  https://cbi.iq/news/view/2552

© Goldilocks

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G20 Set of Financial Inclusion Indicators.pdf

READ HERE:

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RIPPLE XRP SEC CASE COULD END VERY SOON $20 XRP COULD BE NEXT!  |  Youtube

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Russian court orders seizure of $440m from JPMorgan | Luxembourg Times

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Ripple vs. SEC: Trial Resumes as Crypto Industry Braces for Impact | Finance Magnates

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Indonesia Releases Exports of Moringa Leaves, Coconut Charcoal to Asia and Europe - News En.tempo.co

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Russian court orders seizure of $440m from JPMorgan | Luxembourg Times

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Gold Price Today Will Look Different Soon | Youtube

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Two SEC attorneys resign after ‘gross abuse of power’ sanctions | Banking Dive

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More News, Rumors and Opinions Wednesday PM 4-24-2024

KTFA:

Clare:  The Sudanese advisor reveals the goal of the development road: Goods arrive in Paris within 24 hours

4/24/2024   Baghdad

Today, Wednesday, Advisor to the Prime Minister for Transport, Nasser Al-Assadi, revealed the main goal of the development road project, while stressing that goods need 24 hours to reach Europe. 

Al-Asadi said, in a televised interview, followed by Al-Iqtisad News, that “the goal of the development road project is not only transportation, but transportation is part of it,” pointing out that “the basic idea of ​​the project is to create sustainable industrial, agricultural, educational, and tourism investment opportunities.”

He added, "We do not depend on one country, but rather a group of countries wishing to export their goods to Europe, which will take any of the routes available in the world, including the Suez Canal and the Cape of Good Hope. However, what distinguishes the path of development are several aspects, including a 50% reduction in time." %, also the cost is lower, in addition to being safe.”

Al-Asadi explained, “Many shipping operations are followed by loading and unloading, which leads to damage, but we perform this process only once, that is, from sea to land.”

He pointed out, "Ships need 24 hours to reach from the port of Al-Faw to Paris, and even if we say 72 hours, this is less than the 15 days in which goods arrive via the Suez Canal."  LINK

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Zimbabwe’s New Currency Leads to a Stock Market Wipeout

Story by Kailas Salunkhe, TIPRANKS, on MSN

Earlier this month, Zimbabwe introduced a new gold (CM:XAUUSD)-backed currency, called the ZiG (Zimbabwe Gold). However, even a well-intentioned path to fiscal prudence can become paved with unintended setbacks, including a stock market wipeout.

Zimbabwe’s Stock Market Slump

The introduction of the ZiG has resulted in a difficult-to-digest 99.95% wipeout in the Zimbabwe Stock Exchange All Share Index so far this month. This major change required local institutions and businesses to reconfigure their systems to accommodate the new currency, resulting in the rebasing of share prices for all listed companies in the country. According to Bloomberg, investors rushed into stocks prior to the conversion to escape inflation and the collapse of the local dollar (Zimbabwe’s previous currency).

However, the trading volumes and the value of transactions on the exchange have plunged after share prices were rebased in the new currency. The low trading volumes are also taking a toll on the country’s stockbroking industry.

Meanwhile, many Zimbabweans still prefer to transact in the more stable U.S. Dollar. This preference has led to a black market, where the ZiG is trading at nearly 20 ZiG for 1 USD. The official exchange rate from the Zimbabwean authorities is 13 ZiG to 1 USD.

Next Steps

As Zimbabwe embarks on its sixth attempt to introduce a stable and credible currency, the next significant milestone approaches on April 30. This marks the introduction of physical notes and coins in the new currency for circulation across the country.

https://dinarchronicles.com/2024/04/23/zimbabwes-introduction-to-a-new-gold-backed-currency-led-to-a-stock-market-slump/

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

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:  Television is saying we have reached a satisfactory agreement with the United States Treasury on the banks here in Iraq that have any sanctions related to dealing with the dollar.  Our banks are free.  Our currency is free.  They are about to add value just like Sudani said in DC.  

Walkingstick   [Iraqi Bank friends Aki and #1 update]   We heard these words from Alaq when he spoke to us.  Paraphrasing that the comment was about changing the exchange rate.  These words came up in the meeting here [in the US] where #1 was at in the last few days.  Investors, large companies, big oil refineries, massive contract, all of them heard these words.  They all know the exchange rate of the IQD is going to change.

CRISIS ZONE: ON THE EDGE OF A TOTAL DEBT MARKET MELTDOWN... IMPORTANT UPDATES.

Greg Mannarino:  4-24-2024

https://www.youtube.com/watch?v=juLKC0Ia020

Putin and China Move To WIPEOUT the U.S. Dollar, Get Ready

Atlantis Report:  4-24-2024

The global financial sector is under pressure as Russia and China are making increased efforts to promote an alternative to the longstanding dominance of the U.S. dollar.

President Vladimir Putin and the Chinese leadership have joined hands to reduce their dependence on the dollar and challenge its status as the world's reserve currency.

This move comes amidst rising geopolitical tensions and strained relationships between the United States and key players such as Russia and China.

 These factors have set the stage for a disruption in global finance.

https://www.youtube.com/watch?v=jMTk5CYJZKY

BRICS vs European Union: The End of Western Bulleying

BRICS vs European Union: The End of Western Bulleying

Fastepo:  4-23-2024

BRICS+ significantly outperforms the European Union in several key areas, leveraging its expansive natural resources and developing robust financial systems to enhance its global standing.

With major oil producers like Saudi Arabia and the UAE, BRICS+ now controls a substantial portion of the world's oil production, in stark contrast to the EU's minor role and heavy reliance on energy imports.

 Additionally, initiatives like the New Development Bank and efforts towards de-dollarization, particularly by Russia and China, illustrate BRICS+'s strides in reducing dependence on Western financial systems and the US dollar in international trade.

In agriculture, countries like China, Russia, and Brazil contribute massively to global grain production, with China alone far surpassing the EU's output.

Collectively, BRICS+ not only accounts for a larger population but also a significant share of global GDP, enabling it to exert considerable influence in international forums.

This economic scale and resource control position BRICS+ as a formidable counterbalance to traditional Western powers, contrasting with the EU's focus on sustainability and regulatory standards in economic development.

 In this video, we analyze the standing of the European Union against BRICS+ as of April 2024.

We explore the strengths of each bloc and discuss their prospects, comparing the outlook for BRICS+ and the European Union.

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

“Tidbits From TNT” Wednesday 4-24-2024

TNT:

CandyKisses:  Turkish Transport Minister announces a four-way summit on the "development road" project soon

 ISTANBUL (NINA) - Turkish Minister of Transport and Infrastructure Abdulkadir Uroglu announced that a four-way ministerial summit between Turkey, Iraq, the UAE and Qatar will be held soon regarding the "development road" project.

The Turkish minister said in a press statement: The memorandum of understanding signed yesterday between Turkey, Iraq, Qatar and the UAE in Baghdad to cooperate on the "development road" project was a bilateral agreement, but with joint Turkish and Iraqi efforts that also included the UAE and Qatar.

He added that weekly meetings are taking place between officials of both Turkey and Iraq, and a four-way summit will be held in the next two months.

Uraloglu said they would open offices in Iraq and Turkey as part of the project in the coming months, noting that with the operation of the development road, trade volume will rise from $20 billion to $40 billion.

Turkey, Iraq, Qatar and the UAE signed in Baghdad yesterday a four-way memorandum of understanding for cooperation on the "development road" project, under the auspices of Turkish President Recep Tayyip Erdogan and Iraqi Prime Minister Muhammad Shia al-Sudani.

The "Development Road" project is a road and railway extending from Iraq to Turkey and its ports, with a length of 1,200 km inside Iraq, and aims to transport goods between Europe and the Arab Gulf countries.

Tishwash:  Venezuela Hires Rothschild as Adviser on Defaulted Debt Pile

 Venezuela’s government has hired Rothschild & Co. as a financial adviser to provide an overview of its foreign debt obligations, according to people familiar with the matter.

Rothschild is working to map out what the administration owes and to whom, said the people, who asked for anonymity to discuss a contract that has not been made public. Debt mapping is normally a preliminary step taken by a government before it prepares to start a restructuring.

Representatives for Paris-based Rothschild declined to comment. A press official for Venezuela’s Finance Ministry did not respond to messages seeking comment.

Venezuela owes roughly $154 billion to overseas lenders — according to an estimate from economist Francisco Rodriguez, a professor at the University of Denver — including global bonds issued by the government and state oil company, which have been in default for more than six years. It’s been accumulating interest on those bonds and court judgments for unpaid commercial loans.

Sovereign bonds trade for around 20 cents on the dollar, while defaulted notes issued by Petroleos de Venezuela SA exchange hands for around 11 cents, according to indicative pricing compiled by Bloomberg. The debt has rallied since JPMorgan Chase & Co. laid out a plan to re-weight the securities in widely followed emerging-market debt indexes back in February.

REDD Intelligence first reported Venezuela mandated Rothschild as an adviser. The hiring comes amid a recent push by President Nicolas Maduro’s administration to reengage with global markets, mulitilateral institutions and ratings firms after years of international isolation. Over the years, the president has made overtures that it was willing to work with creditors, though those talks have never progressed.

Washington doesn’t recognize Maduro, and sanctions prohibit the government from selling debt on US markets. Sanctions would need to changed before a debt restructuring could be carried out.

Relations between the two countries worsened last week as the US reimposed sanctions on the oil and gas industries, citing Maduro’s failure to live up to promises to hold a fair election later this year. Venezuela, in turn, said Washington had breached a political agreement signed last year in Doha.

Read more: US to Reinstate Venezuela Sanctions, Says Maduro Broke Deal

The country is set to vote on July 28 in an election that will pit Maduro against a candidate for the opposition, likely ambassador Edmundo Gonzalez.   link

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Tishwash: Al-Sudani directs the ministers to follow up on the implementation of the memorandums of understanding concluded with America and Turkey

Today, Tuesday, Prime Minister Muhammad Shiaa Al-Sudani directed the ministers to follow up on the implementation of the memorandums of understanding and agreements signed with the United States and Turkey.

Al-Sudani’s office stated in a statement received by Mawazine News, “Prime Minister Muhammad Shia’ al-Sudani reviewed, at the beginning of the Council of Ministers today, the results of his official visit to the United States this month, which produced results that are in favor of Iraq in terms of economy, politics, security, and regional stability.”

In the interest of building bilateral strategic relations, in addition to signing a number of memorandums of understanding and partnership between the Iraqi public and private sectors on the one hand, and between major leading American companies and financial and banking institutions on the other hand.”

The statement added, "Al-Sudani also reviewed the visit of the Turkish President to Baghdad yesterday, which witnessed the signing of the bilateral strategic framework agreement, and the signing of 26 joint memorandums of understanding for various institutions between the two countries, which will be reflected in the economic and development partnership, in addition to the quadripartite understanding that included Iraq, Turkey and Qatar."

And the UAE, regarding the development road project, the investment opportunities it brings, and entering into a new phase of security and economic understandings and in the field of water management and water shares in the Tigris and Euphrates rivers, all of which will push relations forward.”

During the session, the Prime Minister directed the ministers to “follow up the implementation of the memorandums of understanding, and provide the utmost efforts in order to achieve the highest levels of mutual benefit, for all sectors and activities covered by the memorandums of understanding, in addition to assigning the committees concerned with securing the requirements for success and good implementation of the agreements and understandings signed with the states.” United States and Turkey.  link

Mot: .... Say Do Ya Know what day 

Mot: . OK -- Fess Up!! --WHOOOOOOOOO is Holding This UP!!???