Dinar Recaps Blog Page — Dinar Recaps (2024)

TNT:

Tishwash: Expanding the electronic payment base is an important financial transfer

The global smart card company “Ki” described the expansion of the electronic payment base in the country as moving to an important stage in financial transactions.

A responsible source in the company said that the development in the field of electronic payment and the acceptance of this form of transactions by a wide segment of society came as a result of what the citizen saw as a safe, advanced and fast service that saves time and effort in many transactions.

The source added that the directives of the government and the Central Bank of Iraq to support electronic payment have yielded positive results that contribute to the development of the national financial sector.

He pointed out that the company is working hard to create new products that are world-class and in harmony with the needs of the citizen. link

Tishwash: Due to the extreme heat, tomorrow Iran will close all government centers and banks

The capital, Tehran, witnessed its hottest day since Wednesday afternoon, with a temperature of 43 degrees in the city of Varamin. Temperatures will continue to rise this week and next, with temperatures expected to reach 50 degrees Celsius in most parts of the country over the next five days, according to Iran International. link

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Tishwash: Al-Sudani pressures factions to calm escalation against Americans, seeks Tehran's support

Iraqi Prime Minister Mohammed Shia al-Sudani seeks to exert pressure on the armed factions loyal to Iran to stop their escalation against American interests and targets in Iraq, according to informed sources.

The sources told Shafaq News Agency, "Al-Sudani has been working for days to pressure the armed factions to stop the escalation operations against the Americans after the bombing of Ain al-Assad base, for fear of American reactions that may escalate the security situation and confuse it inside Iraq."

The sources added, "Al-Sudani communicated with Iranian figures in order for Tehran to pressure those factions to stop escalating their operations against the Americans and give him a new opportunity to end the American presence in Iraq through dialogue and negotiation, but so far the factions reject the pressures of Al-Sudani and those close to him."

On Friday, a spokesman for the US Department of Defense confirmed that an attack had occurred on the area near the Ain al-Asad air base in Iraq, without resulting in any injuries among US military personnel.

A security source reported, on Thursday evening, that the base was targeted by at least two missiles. link

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Tishwash: The Iraqi Embassy opens up prospects for cooperation with Egyptian businessmen and investors to work in Iraq

The Iraqi embassy in the Egyptian capital, Cairo, discussed, today, Friday, with investors and businessmen of major Egyptian companies, opening up prospects for joint cooperation.

INCOMING CRISIS: When Banks, Gov Debt, and BRICS Collide

Taylor Kenny: 7-25-2024

In this urgent and riveting expose, financial expert Taylor Kenney uncovers the hidden economic threats that the government and mainstream media have ignored for years.

As U.S. debt skyrockets and geopolitical tensions escalate, Taylor reveals why savvy investors are moving their assets out of the traditional financial system.

CHAPTERS:

01:17 Current National Debt

03:51 Global Sanctions

05:46 Billions of Unrealized Losses

08:08 The Hard Truth

10:35 True Store Of Value

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

Markets Would Be A "Smoldering Ruin" If Manipulation Ended | Ed Steer

Liberty and Finance: 7-25-2024

In these tumultuous times marked by political upheaval and economic uncertainty, understanding the true dynamics of the stock market and financial systems is crucial.

Ed Steer offers insightful analysis, highlighting structural imbalances and the pervasive intervention in markets that distort reality. He emphasizes a cautious approach, advocating ownership of tangible assets amid a landscape where market interventions maintain an illusion of stability.

For those seeking clarity amidst the complexities of today's economy, Ed Steer provides indispensable insights through meticulous tracking of market data and trends.

NTERVIEW TIMELINE:

0:00 Intro

1:20 Gold & silver manipulation

5:25 Physical deliveries

10:00 Chinese gold buying

14:43 Fiat currency failure

19:30 Physical precious metals

22:31 Owning physical metals

28:00 If markets weren't manipulated

https://www.youtube.com/watch?v=WJFl7Eekupk

As US Stocks Collapse, Japan's Currency Shock & China Trade War Threatens Bigger Sell-Offs

Sean Foo: 7-26-2024

The US stock meltdown just erased $1 trillion dollars of investor money. As the AI and tech bubble starts to deflate thanks to poor earnings, a perfect storm is brewing that could cause even bigger sell-offs.

We must understand two big risks to the US economy and the equity markets - the big Yen reversal & the coming trade war risk with China.

Timestamps & Chapters:

0:00 US $1 Trillion Meltdown

3:03 Japan's Major Currency Risk

6:02 China Trade War Nightmare

8:36 US Economy & China Retaliation

11:55 More Stock Market Pain Coming

https://www.youtube.com/watch?v=2RD6kgz8-1Y

KTFA:

Clare: The only regional leader.. Nechirvan Barzani participates with world leaders in the opening of the Paris Olympics

7/26/2024

The President of the Kurdistan Region, Nechirvan Barzani, will participate in the opening ceremony of the Paris 2024 Olympic Games, as one of the prominent figures and the only regional leader at this global event.

This participation represents a milestone in international relations and highlights the Kurdistan Region on the global stage. It also reflects the role of President Nechirvan Barzani as a regional leader and an active and influential party in the international arena.

Relations with France

Nechirvan Barzani's presence reflects the strong relations between the Kurdistan Region and France, which, as one of the countries supporting Kurdistan in various fields, sees Barzani's participation as an opportunity to strengthen these relations.

Interacting with world leaders also allows Barzani to open doors for more cooperation and investment in the region, as participating in a major global event such as the Olympics enhances the image of the Kurdistan Region internationally and demonstrates its ability to play an effective role in major global events.

Another dimension of participation is that it gives Kurdish culture a chance to be in the spotlight, which can enhance the understanding and appreciation of Kurdish culture on a global level.

President Barzani's participation in the international event also enhances the image of cooperation between the Kurdistan Region and the government in Baghdad, as the region shows its interest in participating in major global events, in addition to giving a political message that reflects the stability of the region and its ability to interact with the international community in a positive way.

Barzani and world leaders

In addition to Barzani, France is preparing today, Friday, to receive a large number of heads of state and government, kings, and the First Lady of the United States, Jill Biden, in a unique opening ceremony for the Summer Olympics on the Seine River, amid tight security reinforcements.

The ceremony will also be attended by Iraqi President Abdul Latif Rashid, in addition to a large group of European leaders, headed by the new British Prime Minister Keir Starmer, who seeks to strengthen relations with France, German Chancellor Olaf Scholz, Finnish President Alexander Stubb, Greek Prime Minister Kyriakos Mitsotakis, Georgian Prime Minister Irakli Kobakhidze, accompanied by the country's President Salome Zourabichvili, and Moldovan President Maia Sandu.

The Olympics will be an opportunity for intense diplomatic activity, as the Portuguese UN Secretary-General Antonio Guterres will urge countries to "lay down their weapons", stressing the importance of the "Olympic Truce" called for by French President Emmanuel Macron. LINK

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Clare: 15 trillion dinars raises controversy in the budget

7/26/2024

The manipulation of the budget has sparked controversy between the government and the House of Representatives.

Economic expert Salah Nouri told {Euphrates News} that: "It is too early to analyze the amount of {15} trillion dinars, as it is now the subject of controversy over falsification of the budget tables between the House of Representatives and the government."

- An increase in the amount of the ration card by 5 trillion dinars.
- Increase in oil revenues by 5 trillion dinars.
- Reduce fees by 5 trillion dinars.
- In addition to financial increases for the Ministry of Electricity and some governorates.

Raghad LINK

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

Frank26 [Iraq boots-on-the-ground report] FIREFLY:
August is looking good...a lot is coming to a point in August. Iraq is opening up 4 military manufacturing plants...to produce military equipment and weapons. Isn't that saying the sanctions will be off? FRANK: Your country has no sanctions.... whatsoever of any kind.

Frank26 A lot of people get confused. It's like stepping in quicksand. You see, the lifting of the zeros from the exchange rate is a little different from the lifting of the three zeros from the currency, fiat, physical.

There Is NO WAY To Stop It! AN EXTREME DECLINE IS DEAD AHEAD. IMPORTANT UPDATES...

Greg Mannarino: 7-25-2024

https://www.youtube.com/watch?v=H26SdXBK5YM

NEW LOW: Fed's $1 TRILLION Loss, US' is $35 Trillion in Debt as Real Estate Crisis Worsens

Lena Petrova: 7-25-2024

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

Bruce’s Big Call Dinar Intel Thursday Night 7-25-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is Thursday, July 25th and you're tuned into the big call. Thank you big call universe for getting the call out to so many around the globe. We appreciate that, and we appreciate big call tuning in. So before we get started, we always pray the call in. So let me do that.

So let's do this. Let's go into Intel and see where we are now. And I think you'll find that we're in a pretty good place. So the Intel segment doesn't need to be very long tonight. You notice the last couple they've been relatively short, because we are so close to receiving the notifications that we really don't have a whole lot else to talk about. So let's talk about what we have.

First of all, the story is that we've had, like Bob said, there's quite a bit happening in the way of political activity, as you guys know, every everything from the Republican National Convention to the rally where President Trump had an attempted assassination to how Gods hand protected him - its just amazing - there’s a lot more chatter out about the Head of State service. She resigned. Biden got out of the presidential race coming up. There's all kinds of news events that are taking place daily.

I'm aware that we are about to come into the emergency broadcast system or the emergency alert system, and possibly the emergency wireless system EWS - all those things are scheduled, along with, we believe the with NESARA and GESARA, very shortly, maybe this week, I don't know, maybe this Weekend

So here's where we stand right now, we did get pushed another day. We got pushed from today to tomorrow, but we know that redemption centers are going to be open on Sunday. It looks very possible that we get notified tomorrow, begin exchanges Saturday and go through the weekend and through next week.

What we're hearing is one of our sources, which is at the redemption one of the redemption centers that we talked to, essentially, is saying that they are expecting emails from the new US Treasury, not to clarify that our new US Treasury - also another separate email from Wells Fargo, another separate email from HSBC, another separate email from Bank of America, four distinct emails all to arrive at approximately between 11:00 am and 11:15 am Eastern Daylight Time.

Now what I'm being told is it's quite possible that we in tier 4B and this may also be true for tier 4A, which is what we call the admirals groups, would receive those emails at approximately the Same time tomorrow. So I think there's a very good possibility we will get this tomorrow before lunch.

Now here's the way we're being told. It's working. They want us to get this and set our appointments and get started with our exchanges before the Olympics get underway -- My understanding, from what I heard, is that at 7pm eastern tomorrow night, that's when the Olympics opening ceremonies are to begin in Paris or in and about Paris France.

Okay, so whenever that starts, they would like that the Olympics, the start of them to be underway as a cover for us, a deflection, to deflect the attention away from us and what we're doing.

So don't be surprised if you do get notification and set up an appointment in the afternoon, evening tomorrow, if that's the case, so that we're able to go Friday afternoon, Friday evening.

And since redemption centers will be open Sunday, you'll have the opportunity to go, possibly Friday, evening, Saturday, Sunday, Monday – Tuesday , etc. Now that, of course, presumes that we have the notifications tomorrow - May not be exactly around lunchtime, but it could very well be, and so you'll just have to see how that come in for us.

However, I say this, you know, it may be that we get the notifications then, and if so great, if not we look at them, whatever it is that we are supposed to get them.

Now I think we are very close. Like I said, there's a good opportunity for us to receive some more information politically coming up. There's just a lot going on. There's a lot happening. You can tell, you can tell is a lot happening. So let's do this. Let's go ahead, pray out the call, and I want to thank everybody to make this call possible.

Thank the satellite team for connecting us around the globe. We never know exactly how many people we reach until a day or so afterwards, but you know, it's into the 10s of millions of people very happy that that is the case. I want to thank not only the SAT team, but all of the people that have been listening to the big call for the last 14 years.

So Thanks, Sue and Bob, Michael Lopez, as well as GCK, great creative Kendall, also Jeannie - Pastor Scott, continue healing for you. And I just look forward to us getting to the other side and getting these projects started, getting everything that is in your dreams started.

Well, everybody have a great weekend and let’s see how things progress for us.

Bruce’s Big Call Dinar Intel Thursday Night 7-25-24 REPLAY LINK Intel Begins 1:11:25

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Bruce’s Big Call Dinar Intel Tuesday Night 7-23-24 REPLAY LINK Intel Begins 1:07:40

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Bruce’s Big Call Dinar Intel Thursday Night 7-18-24 REPLAY LINK Recorded Call not available

Bruce’s Big Call Dinar Intel Tuesday Night 7-16-24 REPLAY LINK Intel Begins 1:04:40

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Bruce’s Big Call Dinar Intel Thursday Night 7-11-24REPLAY LINKIntel Begins 1:11:40

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Bruce’s Big Call Dinar Intel Tuesday Night 7-9-24 REPLAY LINK Intel Begins 1:13:20

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Bruce’s Big Call Dinar Intel Thursday Night 7-4-24 REPLAY LINK NO CALL

Bruce’s Big Call Dinar Intel Tuesday Night 7-2-24 REPLAY LINK Intel Begins 1:14:20

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Bruce’s Big Call Dinar Intel Thursday Night 6-27-24 REPLAY LINK Intel Begins 1:03:30

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Economist Reveals Reasons For Rising Prices Of Goods And Products: Lack Of Government Support And Exchange Rate

Posted On2024-07-26 By Sotaliraq Financial and economic researcher Diaa Al-Mohsen revealed the reasons for the rise in prices of goods and products in Iraq, indicating that among these reasons is the absence of government support and the rise in the dollar exchange rate in local markets.

Al-Mohsen said, "The problem of rising prices of meat and other products is due to reasons that may include the exchange rate of the dollar against the Iraqi dinar, which is the last reason that caused this increase."

He pointed out that "there are important reasons that the government has not been able to find realistic solutions for, including the weak support for animal breeders and farmers. When we talk about support, it does not necessarily have to be financial, as there is moral support for them that gives them a strong push that the government views them as an important segment in ensuring food security for the consumer."

He noted that "there are several types of this support, including providing feed at subsidized prices, vaccines, seeds and fertilizers, all of which contribute to lowering the prices of the products that these people offer to local markets.

Then, activating the law to protect the local product and activating taxes on imported goods contributes to the interest of animal breeders and farmers in what they offer to the markets and increasing the quantities offered because the local product has a flavor that differs from other imported products."

Al-Mohsen added that “one of the reasons that led to the rise in the prices of meat and other products is the reason related to religious occasions, and it is known to everyone that Iraqis buy large quantities of meat or other agricultural products on such occasions, and this is due to the generosity of Iraqis and their dedication to the love of the Ahl al-Bayt, peace be upon them.

As for the dollar exchange rates, the monetary authority must find a solution for this matter, by searching for means that result in reducing inflation rates.

Then the executive authority must work to alleviate the impact of the rise in the prices of goods and products by activating the agricultural sector, the manufacturing sector, and the rest of the sectors related to them.

Then we will find a noticeable decrease in the demand for the dollar, which means that the dollar exchange rate will respond to the mechanism of supply and demand, and not as is happening now, where we find a significant increase in the sales of the Central Bank of Iraq of the dollar, and in return the dollar exchange rate rises in the black market.”

Among the most important crops that must be banned from import and approved locally are “wheat, barley, and corn grains, in addition to vegetables and fruits, in addition to livestock products such as meat, dairy, and table eggs, which in turn raise the prices of local products in the country.” LINK

Economist: Faw Port Is An Important Step Towards Sustainable Economic Development And A Major Gateway For Maritime Trade

Posted On2024-07-26 By Sotaliraq Economic researcher, Haider Al-Sheikh, considered the Grand Faw Port project an important step towards sustainable economic development and a major gateway for maritime trade.

Al-Sheikh said that “the Grand Faw Port is one of the most important strategic projects in Iraq,” indicating that “the project enhances Iraq’s position on the world trade map, and constitutes an important step towards sustainable economic development, in addition to its strategic location that makes it a major gateway for maritime trade in Iraq and the Middle East region.”

He added, "The port contributes to revitalizing the Iraqi economy by providing new job opportunities and enhancing commercial and industrial activities."

The economic researcher pointed out that “the port allows Iraq to export and import goods more easily, which reduces costs and improves the efficiency of transportation and distribution.”

He pointed out that the project “contributes to the development of the southern regions of Iraq by improving infrastructure and services,” noting that “the port is expected to generate significant revenues for the state through customs duties and taxes related to the movement of goods.”

Iraq laid the foundation stone for the large port project in the southern city of Basra more than 13 years ago, and it was described at the time as “the most prominent sign of the new phase in Iraq.”

In addition to the container terminal and port works, the project will include the construction of one of the largest undersea tunnels in the world, leading to the shallow port of Umm Qasr, as well as new roads to improve communications with Basra, according to Global Construction, a website specializing in construction work around the world.

In February, Iraq completed about 60 percent of an undersea tunnel linking the country's southernmost coastal region to international trade links via Turkey, according to Reuters.

The 2,444-metre-long immersed tunnel is expected to run along the road from the major commercial port of Faw in Basra as part of a larger plan to develop the port.

Iraq hopes the tunnel will create a shorter transport corridor between the Middle East and Europe to increase its trade revenues from transporting goods. LINK

Parliamentary Efforts To Amend The Investment Law To Improve The Iraqi Economy And Attract Foreign Companies

Posted On2024-07-26 By Sotaliraq The investment law is still looming on the horizon, amid talk of government facilities to develop and strengthen the investment sector, as parliamentary signs have emerged of the legislative house moving towards making amendments to the investment law in order to keep pace with the need and solve the problem in it after many years of its legislation.

The Iraqi Investment Law No. 13 of 2006 consists of 37 articles divided into several axes and paragraphs that regulate investment work in all economic joints within the country. However, experts continue to point out the existence of difficulties that require consideration in order to accelerate the wheel of projects, attract foreign capital, and provide a safe environment for them.

The Parliamentary Committee on Economy and Development called on the Iraqi government to make amendments to 12 paragraphs of the current investment law, with the aim of improving the investment environment and attracting foreign investments to the country.

The committee chairman, Hassan Al-Khafaji, explained that the committee discussed with the relevant parties, including university deans and the National Investment Commission, ways to improve the Iraqi investment law.

Al-Khafaji stated that “the committee was able to obtain the government’s approval to amend 4 out of 12 articles that were proposed, but he considered that the amendments that were approved “are still below the required level.”

Among the most important points discussed by the committee was one related to investment opportunities that investors obtain.

Al-Khafaji pointed out that some unsound companies exploit these opportunities, which leads to the flight of capital and the disruption of projects.

Al-Khafaji stressed that the committee is striving to change this paragraph of the law, to ensure that serious investors have real opportunities to invest in Iraq.

In addition to the amendments to the investment law, the committee also discussed several other economic laws, including laws to combat price increases and open new cities.

These efforts by the committee come within the framework of its efforts to improve the Iraqi economy and attract foreign investments, which will create new job opportunities and improve the standard of living of citizens.

For his part, member of the Parliamentary Economic and Investment Committee, Mohammed Al-Ziyadi, said, “The committee is in the process of amending the investment law in the coming days due to the great need to advance many vital sectors and large projects that are to be built to address crises, such as housing, commercial complexes, and others.”

Al-Ziyadi added, “The National Investment Commission is involved in this amendment and the articles that should be considered are being discussed. The amendment came to consider many unclear points in implementing the law and granting investment licenses to unauthorized parties. The process of granting exceptions from the higher government committees in the Prime Ministry must also be re-corrected.”

He stressed that “exceptions are not always correct, and we must be patient and give the matter importance to the relevant authorities, to consider those exceptions. Therefore, amending the investment law will be accompanied by another amendment to the fair arbitration law that will protect foreign capital from international financial sanctions, and it is on the committee’s table where it will be read initially to stimulate commercial investment in the country.”

Al-Zayadi believes that “the arbitration law is no less important than the investment law due to Iraq’s great need to open up horizons for external trade cooperation through investing foreign funds in its projects.”

He pointed out that “the upcoming amendments to the investment law will address the large bureaucracy in granting licenses and approvals from the relevant government departments and ministries, and support will be high for the investment sector through its new organization.”

It is noteworthy that Iraq is ranked fourth according to the FDI ranking of the best emerging markets for investment issued by the “FDI Intelligence” website, which specializes in global investment affairs for the year 2024. This rank was given to Iraq among 10 countries that were evaluated according to several criteria, including gross domestic product, inflation rate, growth in capital spending in foreign direct investment, and growth rate in foreign direct investment projects. LINK

Finance Discusses Regulating The Work Of Government Banks With International Auditing Firm Ernst & Young

Thursday 25 July 2024 21:15 | Economic Number of readings: 368 Baghdad / NINA / Minister of Finance Taif Sami discussed with the international auditing and oversight company Ernst & Young the work plan and necessary steps to merge and organize a number of institutions of the Iraqi Ministry of Finance.

According to a statement by the Ministry of Finance: During the meeting chaired by Minister Sami, Thursday, at the ministry's headquarters with representatives of the company, a draft was presented by the auditing company on organizing and restructuring Rafidain and Rashid Banks.

In addition to discussing the proposed plan and implementation stages and determining the frameworks of the contract and formulating it in line with the priorities of reform and development.

The Minister of Finance stressed the importance of benefiting from the expertise of solid international companies such as Ernst & Young in the field of organizing and restructuring financial institutions. The ministry aims to make Iraqi banks internationally and locally acceptable to provide better services to citizens.

The auditing company's expertise will also contribute to improving the efficiency and effectiveness of financial institutions, as it is expected that merging and organizing financial institutions will improve the quality of banking services provided and enhance investor confidence in the Iraqi economy. / https://ninanews.com/Website/News/Details?key=1143553

Oil Rises At Settlement On Strong US Economic Data

Friday 26 July 2024 04:20 | Economic Number of readings: 201 Baghdad / NINA / Oil prices closed higher on Thursday, after strong US economic data boosted expectations of higher demand for crude, but concerns about lower Chinese oil imports limited gains.

Brent crude futures for September delivery rose 66 cents, or 0.81 percent, at settlement to $82.37 a barrel, while US West Texas Intermediate (WTI) crude futures for September delivery rose 69 cents, or 0.89 percent, to $78.28 a barrel.

US Commerce Department data showed on Thursday that the US economy grew faster than expected in the second quarter as inflation eased, boosting expectations that the US Federal Reserve will cut interest rates in September.

Lower borrowing costs are expected to stimulate economic activity, which could increase oil consumption.

According to Chinese government data, oil imports and refinery throughput this year are set to decline compared to 2023 due to lower fuel demand amid slowing economic growth.

China's central bank on Thursday unexpectedly cut interest rates in a move to boost the country's struggling economy. Both crudes had fallen more than $1 a barrel earlier in the session. / https://ninanews.com/Website/News/Details?key=1143593

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

Good Afternoon Dinar Recaps,

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2. SEC vs. Ripple lawsuit awaits final ruling from Judge Analisa Torres.

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The U.S. economy demonstrated stronger-than-expected growth in the second quarter, with a 2.8% annualized rate increase in GDP, as reported by the Commerce Department's Bureau of Economic Analysis.

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The BRICS UNIT: The Catalyst for a Revolutionary Global Currency Reset

On July 25, 2024 By Awake-In-3D

WHY, HOW and WHEN the BRICS UNIT leads us to a groundbreaking gold-backed currency reset worldwide.

The new BRICS UNIT is getting a lot of attention these days. Over my 14+ years of being involved in the Global Currency Reset (GCR), the subject has never been more front and center on the world stage than today.

In This Article

• Understanding the UNIT Currency Initiative

• Timeline of the BRICS Summit

• Composition and Backing of the UNIT Currency

• Benefits for Precious Metals Miners

Keep Watching

Visitors enjoy awesome spectacle of Rome's Colosseum at night00:00/01:01

I have been reporting extensively about the new BRICS Gold-backed Financial System, and for good reason. I now believe that the UNIT System is the definitive model for the GCR and the subsequent revaluation (RV) of global currencies.

I am committed to continuing my in-depth reporting and analysis of the BRICS UNIT System here at GCR Real-Time News. This platform will remain the most comprehensive source of real-world, fact-based RV/GCR news and opinion for my readers worldwide.

While the BRICS UNIT System may not be the final iteration or event of the RV/GCR, it is undoubtedly the catalyst that will offer a completely new currency and cross-border payment/settlement system alternative to the global fiat currency debt system.

It is a model that will initiate the eventual global adoption of gold and real assets to back sovereign currencies.

What makes the BRICS UNIT System so compelling is its openness. It is not a closed, inclusive financial system designed only for BRICS Member Nations. It is open to any country, whether a BRICS Alliance Member or not.

It will even work with nations that remain on a pure fiat currency system. This ability to create exchange rate pairs between UNIT and Fiat based currencies is where our RV Currency Exchange opportunities will be realized.

It is expected that the Western G-7 Alliance will resist transitioning to a gold and real asset-based currency system until the last days before the global, US dollar-dominated fiat financial debt system completely implodes and freezes into its inevitable death.

This article is the first of a comprehensive four-part series on the BRICS Gold-backed UNIT Currency System.

Here in Part 1, I will explain the basic foundation and composition of the BRICS Gold-backed UNIT Currency so that you may gain a fundamental understanding of this revolutionary alternative financial system that will change the face of the global monetary system forever.

The UNIT is a significant catalyst for a global currency revaluation (RV), offering a transparent alternative to the fiat currency debt system.

The UNIT system, open to all nations, aims to back sovereign currencies with gold and real assets.

The upcoming BRICS Summit will be pivotal in its adoption, marking a significant shift towards a stable, efficient global monetary framework.

BRICS UNIT Currency Initiative

The BRICS nations are working to enhance economic cooperation by promoting local currencies in international trade.

A key proposal is the UNIT, a gold-backed digital asset operating on a blockchain platform. This initiative aims to provide a stable and reliable medium of exchange, leveraging gold’s intrinsic value and blockchain technology’s efficiency.

ALSO READ: Can the VND and IQD Reach 1 to 1 Exchange Rates in the BRICS Gold-Backed Currency System? Yes They Can!

BRICS Summit Timeline

A critical decision regarding the UNIT currency will be made at the upcoming BRICS Summit, scheduled for October 22 to 24, 2024, in Kazan, Russia.

The summit will bring together BRICS leaders to discuss the strategic direction and operational aspects of the UNIT, potentially setting the stage for its adoption.

Composition and Backing of the BRICS UNIT

The UNIT currency will be uniquely structured to ensure stability and value. Each UNIT will be backed by a reserve basket composed of 40% gold, with the remaining 60% consisting of participating BRICS currencies, all convertible into gold.

No single currency will have a weight greater than 30% in gold terms, ensuring a balanced and diversified reserve. This structure aims to mitigate risks and enhance confidence in the UNIT currency.

LISTEN TO THE “ENDGAME GCR” PODCAST: Gold-Backed Currency Exchange Rates Revealed

Potential Winners from BRICS UNIT Gold Demand

The adoption of the UNIT currency is anticipated to have significant economic implications, particularly benefiting precious metals miners.

Companies listed on the Australian and Canadian stock exchanges, major players in the global precious metals mining industry, stand to gain from the increased demand for gold that the UNIT currency would generate.

UNIT Ecosystem Design

The UNIT currency will be created through a blockchain-based node system.

Participants will mint UNITs by depositing corresponding values of gold and BRICS currencies at these nodes. The ecosystem will rely on decentralized blockchain-based synchronization for integrity, ensuring transparent and secure transactions.

The UNIT is not intended to replace local currencies in domestic transactions but will function alongside them, providing an additional medium for international trade and financial operations.

Transaction Costs

One key advantage of the UNIT currency system is its potential to reduce transaction costs.

Processing fees for transactions on the UNIT blockchain are expected to be lower than those associated with traditional payment systems, such as bank wires.

This cost-efficiency could make the UNIT an attractive option for businesses and financial institutions engaged in cross-border transactions.

Governance and Rules

The UNIT ecosystem’s governance will be structured around a Decentralized Autonomous Organization (DAO), supported by a legally recognized international intergovernmental organization (IIO).

Decisions within the IIO will be made through super-majority votes by nodes, ensuring a democratic and transparent governance process.

Currency Eligibility for UNIT

To be eligible for inclusion in the reserve basket backing the UNIT, a currency must have price discovery in gold terms.

This requirement ensures the value of the currencies in the reserve is transparent and reliable. Notably, UNITs will not be redeemable for the underlying reserves directly.

Redemption will only be possible through a buyout procedure conducted by a node, maintaining the reserve system’s stability and integrity.

The Bottom Line

The proposed UNIT currency represents a significant innovation in international finance, combining gold’s stability with blockchain technology’s efficiency. The upcoming BRICS Summit will be a pivotal moment in determining this initiative’s future, with the potential to reshape global trade and financial transactions.

This four-part series will continue to explore the intricacies and implications of the BRICS gold-backed UNIT currency system, offering a comprehensive understanding of this groundbreaking development in global finance.

The BRICS UNIT system is not a closed financial system but is open to any country, including those outside the BRICS alliance and those operating on a fiat currency system.

This inclusivity could lead to opportunities for RV currency exchanges. The Western G-7 Alliance might resist transitioning to a gold and real asset-backed currency system until it becomes unavoidable.

However, the BRICS UNIT system is poised to be a catalyst, initiating the global adoption of gold and real assets to back sovereign currencies.

Supporting article: https://m.canadianinsider.com/blog/will-brics-countries-come-together-one-unit-why-gold-and-gold-miners-may-win-multi-nodal-world#

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/the-brics-unit-the-catalyst-for-a-revolutionary-global-currency-reset/

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

Coffee with MarkZ and Mr. Cottrell. 07/26/2024

Member: TGIF Everyone Good Morning

Member: How are we at the end of July with no notifications?

Member: How is everyone on our last Poor Friday-We hope!

Member: I hope there is some good news on RV today

MZ: Well I must be persona non grata today….nobody from the bond side , the banking side and the redemption side wants to talk to me. I get sent right to voice mail.

MZ: Did everyone go on vacation this week or are there a lot of NDA’s or “Hush” orders running around? But it was eerily quiet overnight.

Member: every day there's a lack of news.... perhaps we're not as close as we think to this mirage of a reset.

Member: Or maybe it will happen suddenly…..

Member: we think it is moving slowly but then Boom it will be on us fast and we will be saying -slow down.

MZ: I do know of an important Signatory/Trustee heading to Reno this weekend. Heading from Asia. Hope it means something.

Member: Is acceptance in the WTO necessary for Iraq to RI/RV?

MZ: No it is not necessary…but it is expected to occur simultaneously

Member: Do you think they will wait to RV until after our elections?

MZ: I do not- but a lot of people think they do. The question is how will we handle it if they do?

Member: maybe they will RV during the olympics?

MZ: Wouldn’t that be an awesome time to do it.

Member: Lots of planes owned by trustees of banks left DC this morning…allegedly

MZ: I know a couple trustees that are due to land in Reno today. But I don’t know if it means anything

Member: Trustees in Reno sounds Importantly Relevant, right?

Member: So looks like we are pushing this into August now?

MZ: I don’t think it’s being pushed into August. I think it’s quiet for a purpose.

Member: Maybe it’s waiting for a stock market crash?

Member: The stock market crash would help, but I still believe it is not required as a prerequisite to notifications...

Member: Fact: one of the people that got me into this circus in 2006 was 100% paid out of Geneva Wednesday not to a flipper but to A BRICS institution. Sold gold backed bonds. he had to shut down contact until Thanksgiving 2024.

MZ: When people tell me nothing is moving…I’m like-.well I know some people who are already getting money …so things are moving. It is not moving like I thought it would or as quickly as we want it…..but things are moving.

Member: I wonder if Redemption centers open/ working this weekend?

Member: If had to guess this going off what day of the week would you think?? Weekend or during the week?!?

Member: Mark said last night he likes Saturday Night into Sunday morning.

Member: Mark your military contact 1 month ago said they were doing something the end of July beginning of August. Thus far mass arrests

Member: I understand that Congress/Senate cannot be arrested while in Session. If this is true, the timing is impeccable!!

Member: No confirmation, but Jaco reporting that thousands of US Marshall’s heading to DC

Member: Mark, as we get close to the end of this ride, THANK YOU SO MUCH for ALL YOU HAVE DONE FOR US!!!!!

Member: I pray everyone stays upbeat and well. Have a great weekend

Member: Lord, we are weary, BUT we are ready !! Strengthen our resolve to help make this the world you wanted for us!

Mod: THERE WILL BE NO SHOW TOMORROW, SO THAT MARK CAN SPEND SOME TIME WITH HIS FAMILY!!

BREAKING NEWS: MarkZ's WEEKEND email address: Don't Write [email protected] SERIOUSLY, MARK NEEDS A LITTLE BIT OF TIME WITH HIS KID'S, FOR REST, AND REC. THANK YOU!!

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

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

Youtube: https://www.youtube.com/watch?v=1oUlIHu13Q4

IQD Update - Iraqi Dinar Revaluation Update - Key Players - Exchange Rate Stability - Inevitable

MilitiaMan and Crew: 7-26-2024

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

Parliamentary Finance: The Central Bank Of Iraq’s Measures To Change The Exchange Rate Did Not Achieve Results

Economy | 12:32 - 07/25/2024 Mawazine News – Baghdad The Parliamentary Finance Committee confirmed, on Thursday, that the procedures of the Central Bank of Iraq to change the exchange rate of the dollar in the local Iraqi markets did not have any effect and did not achieve any real actual result, revealing a legal violation related to the Governor of the Central Bank of Iraq, Ali Al-Alaq.

Member of the Finance Committee, Mohammed Nouri, said in an interview followed by / Mawazine News /, that "the Central Bank of Iraq is still continuing its wrong procedures that did not have any effect and did not achieve any real actual result in changing the exchange rate of the dollar in the local Iraqi markets, which was negatively reflected on the Iraqi reality and inflation rates rose significantly in the past days."

He added, "There is work on this issue by the Parliamentary Finance Committee, whether it was interrogations or changing the Governor of the Central Bank due to the legal age, as he exceeded the legal age, and this is a violation of the Civil Service Law,"

noting that "many topics will be addressed by the Council in the coming days, especially the dollar file due to the major delays, in addition to the control of foreign banks owned by owners of foreign capital, which causes a disruption to national security and Iraqi economic security."

For some time now, the dollar price has been declining in the parallel market, where it has stabilized at 145,000 dinars per 100 dollars throughout the past period, but it has risen again to exceed 150,000 dinars a few days ago.

Since the beginning of last year, Washington has intervened to limit the smuggling of dollars from Iraq, which has led to the dollar price rising in the local market to a record level of 170,000 dinars per 100 dollars, due to the decline in the Central Bank's dollar sales, given that it is subject to the international "SWIFT" financial system.

It is noteworthy that the Central Bank has decided to finance trade in euros, Chinese yuan, Emirati dirhams and Indian rupees, in steps to reduce demand for the dollar. https://www.mawazin.net/Details.aspx?jimare=251934

Saleh: The Central Bank's Dollar Reserves Are Solid And The GDP Rate Is Very Optimistic

Time: 2024/07/25 09:45:53 Read: 1,898 times {Economic: Al Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed the cohesion of foreign reserves, especially the dollar, at the Central Bank of Iraq.

Saleh told Al Furat News Agency, "Covering urgent expenses in dollars, as they represent the desired demand for foreign currency, in addition to the level of sufficiency of incoming foreign currency flows and the level of maintaining the country's reserves of the total foreign currency held by the Central Bank, is subject to two main factors."

He explained that the first factor is "the nature of the oil asset cycle, which is still at its highest levels of global price increases due to the strength of global demand for energy, and that economic expectations indicate that potential price fluctuations towards a decline are still out of reach and are largely linked to the end of military operations in Ukraine, and the return of the flow of Russian gas and oil, especially to European markets, as the Russian Federation is the second largest oil-producing country in the world and leads the production and export of gas to major consumer markets in the European continent directly."

The other factor, according to Saleh, “is related to the surplus in the current account of the Iraqi balance of payments, as estimates issued by international financial institutions indicate that this percentage of the surplus in the current account of the Iraqi balance of payments to the country’s gross domestic product is no less than {positive 6%}, which is a very optimistic positive percentage.”

He explained that "both factors indicate the cohesion of the country's foreign reserves, which are generated by high oil export revenues to date, versus control over outward cash flows of foreign currency to meet local demand for imported goods, services and foreign benefits, as the current account of the balance of payments indicates that it is in a positive and stable position and is consistent with the general budget's spending tendencies during the current fiscal year 2024." LINK

Economist: The Iraqi Banking Sector Has Achieved Significant Growth

Banks Economy News – Baghdad Today, Thursday, the head of the “Iraq Al-Mustaqbal” Foundation for Economic Studies and Consultations, Manar Al-Obaidi, confirmed that the Iraqi banking sector has been able to achieve growth in many areas during the past period.

Al-Obaidi said in a tweet followed by “Al-Eqtisad News” that the data of the Iraqi banking sector between 12-31-2022 and 5-31-2024 indicate that the banking sector, despite all the challenges and shocks it faced during this period, was able to achieve growth in many areas, specifically in financial inclusion, as well as an increase in bank assets and maintaining the volume of deposits despite everything that was raised about the sector.

Al-Obaidi published a table showing all the figures related to the Iraqi banking sector between December 13, 2022, and May 31, 2024. At Link Below is the table published by Al-Abidi:217 views 07/25/2024 - https://economy-news.net/content.php?id=45590

Al-Sudani Receives The Approval Of The Coalition Of Companies That Won The Investment Opportunity For The Baghdad Metro

Local | 07/25/2024 Mawazine News – Baghdad Prime Minister Mohammed Shia al-Sudani received today, Thursday, the approval of the coalition of companies that won the investment opportunity for the Baghdad Metro.

Al-Sudani's office stated in a statement received by / Mawazine News /, that "the Prime Minister chaired, today, Thursday, a meeting dedicated to following up on the Baghdad Metro project, as His Excellency received the approval of the coalition of companies; Vaskhod & Wonter International Capital, which won the investment opportunity to design, implement, operate, maintain, finance and transfer ownership (DBOMFT) for the Baghdad Metro project, according to the specific criteria specified in the investment portfolio, and the coalition includes French, Spanish and Turkish companies, with a German bank."

According to the statement, Al-Sudani pointed out "the importance of this strategic project, the largest of its kind in the region, and what it means for a large city like Baghdad, with the latest international specifications, and in a manner that suits the service required to be provided, and keeps pace with future developments."

The statement added, "The negotiation process will start between the Baghdad Municipality, the Investment Authority and the coalition, to set the technical, financial and executive details of the contract, which the coalition won, according to the investment opportunity for the Baghdad Metro, stated in Cabinet Resolution No. (23374) for the year 2023.

The coalition includes the French groups Systra and SNCF, the Spanish companies Alstom, Talgo, and SENER, and Turkish companies specializing in construction, in addition to the German Deutsche Bank."

https://www.mawazin.net/Details.aspx?jimare=251958

The Stock Market Ends The Week In Green

Market Economy News – Baghdad The Stock Exchange ended Thursday's session in green, after its index rose by 0.35%.

The closing session witnessed the trading of 3.6 billion shares, worth 1.9 billion dinars.

591 deals were executed on the shares of 35 traded companies.

The value of the shares of 10 companies increased, while the shares of 9 other companies decreased.

52 views 07/25/2024 https://economy-news.net/content.php?id=45599

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.

EBS Worldwide Activation At Any Time

They Are Not Ready For This Systematic Destruction of the Old Guard.

JP Morgan Predicts US Stock Market Crash

Bank Runs Imminent

Digital War

We Will Win-Power Will Return To The People

Global Currency Reset: Opinions/Rumors

Thurs 25 July 2024 Bruce:

The EBS and NESARA/GESARA Announcements were scheduled in the near future.

Tier4b (Us, the Internet Group) should be notified to set exchange/redemption appointments sometime between 11 am and 11:15 am EST Fri. 26 July 2024.

Redemption Centers will be open on Sundays.

Redemption Centers were expecting emails from the new US Treasury and a separate email from the new US Treasury was expected by Wells Fargo, HSBC and Bank of America on that same 11 to 11:15 am EST on Fri. 26 July 2024.

They wanted appointments to start before the Paris Olympics began at 7 pm EST that Fri. 26 July 2024.

~~~~~~~~~~~

Thurs. 25 July 2024 Wolverine Live Chat:

It has been very emotional for me everyone. The calls started coming in about 5 a.m. There are things I cannot say due to confidentiality and people being under NDA. I want to tell you the gates are opened!! Certain platforms have been released, at least 4 to 5 of them in Brazil.

Next week a huge platform will be released as well. Also hearing Asia to be released, now with liquid funds. Precatorious are pure liquid now and is releasing funds to the members.

I am absolutely ecstatic. This is real. Bondholders are getting paid, and more people are getting notified.

I am praying that by the end of the month we will all be blessed; I have not received any news from Reno about Tier4B. Reno is very quiet. I have been trying to get in contact with someone in Reno, but cannot, but it might be a good sign.

Bondholders are flying to Zurich with paid airline tickets. Not hearing much from there, but Reno and Zurich are two of the largest platforms/exchanges and I need to know what is going on.

It is all coming. I have to be careful in what I saw as I cannot ruin it for everyone. This is not hopium. This is real and from the boots on the ground.

I have been overwhelmed with so much emotion. I am going to church now to thank God for what is coming and that this is finally happening. Those trumpets and opera and the whole thing will be coming, I hope, either today or tomorrow, we are that close to releasing this for you guys!!!!

Already the Precatorious have released their own opera.

Venezuela has released their own song right now, but that is the song of liberty. They are declaring Liberty not just for the RV, but for celebrating the downfall of the tyranny upon them for more than 20 years, having suffering under Maduro, a ruthless dictator, and the other Communist Chavez, who is now in Hell for what he did to his country and its people.

There are still Yellow Dragons available, but we are very close to this closing, so if you are interested in these please message me privately.

Again, as soon as I get that miracle call, I will wake up every one of you to have a Live Call where I will not be on it, but Carpathia will say something to all of you, then we will roll out the video, the trumpets and the opera. Have a beautiful day. Take care and God Bless you all. Wolverine

~~~~~~~~~~

Other GCR Intel:

Thurs. 25 July 2024 Ginger’s Liberty Lounge: “A dear friend who is connected with plans in Zurich was just informed that they acquired a new Paymaster and to watch for their invitation email (for their group) later today.”

On Tues. 23 July 2024 the Re-inhabited Republic for These United States of America was funded.

~~~~~~~~~~

Global Financial Crisis:

Thurs. 25 July 2024: “Holy Flip flops!!! Yesterday it was reported that $1.1 trillion was wiped out of the US Stock Market. Early this morning a $100 million has been liquidated from the Crypto Currency Market. Warren Buffett has sold $1.5 billion in Bank of America Stock. The US debt has nearly hit $35 trillion.” …The Yorkshire Lass on Telegram

Thurs. 25 July 2024: Amazon has deployed over 750,000 robots that replaced over 100,000 employees.

Thurs. 25 July 2024 Top Analyst Predicts U.S. Dollar Collapse: https://watcher.guru/news/brics-top-analyst-predicts-u-s-dollar-collapse

Read full post here: https://dinarchronicles.com/2024/07/26/restored-republic-via-a-gcr-update-as-of-july-26-2024/

************

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

Jeff They are having meetings right now to talk about the withdrawal of US troops starting in September. For them to pull the troops out they had to have already revalued and fully completely paid the US back, US sanctions off, all that. Iraq has to be 100% done with everything for the United States to remove the troops. That's the very last step.

Walkingstick This YouTube commercial [that's coming out] you're going to be seeing soon...This is pretty big. They're just going to talk more about the monetary reform and now they're going to tell the international world publicly...It is not just for the Iraqi citizens. It's for the world to see and understand Iraq's monetary and economic reforms. This is an excellent way to reach out to international investors.

NEW LOW: Fed's $1 TRILLION Loss, US' is $35 Trillion in Debt as Real Estate Crisis Worsens

Lena Petrova: 7-25-2024

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

Even The Wealthy CANNOT ESCAPE Inflation (THIS MEANS DANGER)

Lynette Zang: 7-25-2024

In today's video we are talking about the continued rising cost of good/services and other necessities and how now it's even affecting the wealthy.

What happens when the consumer can no longer hold up the economy?

https://www.youtube.com/watch?v=5HiV9H5dsEc