Dinar Recaps Blog Page — Dinar Recaps (2024)

KTFA:

Clare: Parliament votes on the 2024 budget schedules

6/3/2024

The Iraqi Parliament voted today, Monday, on the budget schedules for the current year, 2024.

The hours before the vote witnessed controversy within the Parliamentary Finance Committee, as votes were taken twice on the budget tables due to disagreements.

And earlier; Member of the Parliamentary Finance Committee, Saad Al-Tobi, confirmed that the committee voted on the federal budget schedules for the year 2024 without making changes to them, indicating that two trillion dinars had been allocated for transfer between the exchange doors. LINK

DeepWoodz: We have a quorum and a vote. Confirmation that they are all ready to spend spend spend.

Clare: Al-Mandalawi after voting on the budget tables: Parliament will follow up on disbursing the specified financial amounts

6/3/2024

The Acting Speaker of the House of Representatives, Mr. Mohsen Al-Mandalawi, congratulated the approval of the federal general budget schedules for the current year, stressing that the presidency made great efforts with the Parliamentary Finance Committee to expedite its completion and vote on it during the current legislative term, due to its importance in terms of its direct connection to the lives of citizens and its relevance. The document includes strategic, investment and service projects.

Al-Mandalawi said after the end of the voting session on the budget schedules: The House of Representatives will continue to exercise its oversight role to follow up on the disbursem*nt of financial sums according to the specified schedules, and will not allow the people’s money to be lost or wasted, while he expressed his support for the government to continue implementing its reform and service program, and to complete the process of construction, progress, and achieving what is achieved. Dear citizens look forward to it.

The Acting Speaker of the House of Representatives appreciated the great role of the presidency and members of the Parliamentary Finance Committee in discussing and completing the federal general budget schedules for the year 2024, while expressing his thanks to the ladies and gentlemen of the House of Representatives for their valuable suggestions and their keenness to attend and vote on the budget schedules. LINK

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Clare: The Central Bank of Iraq stops 200 companies from dealing in dollars

6/3/2024

Baghdad

Documents issued by the Central Bank of Iraq, obtained by “Baghdad Today”, today, Monday (June 3, 2024), showed a decision to stop 200 exchange and general trading companies from entering the currency auction without explaining the reasons.

To view the list of suspended companies,click here. LINK

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Clare: After approving the budget... Al-Sudani sends a message

6/3/2024

Prime Minister Muhammad Shiaa Al-Sudani blessed, today, Monday, what he described as the “responsible step” of the House of Representatives, represented in approving the 2024 budget schedules.

Al-Sudani expressed his thanks and appreciation for the efforts of the Presidency of the House of Representatives, the political forces, the parliamentary committees, and the Finance Committee, Which completed the government effort, and what had previously been approved by the Council of Ministers, represented by the budget schedules (A, B, C, D, E, F).

Al-Sudani reiterated his emphasis on "continuing to implement the government program, which received the vote of the House of Representatives and the support of the political forces, in order to complete the goals and implement the priorities that represent, above all, the aspirations and demands of our Iraqi people that they wish the government to fulfill."

The Prime Minister called on the House of Representatives and the provincial councils to "strengthen the government's work by following up on the legislative and oversight efforts, which our government institutions, with all their arms and bodies, view as support for their work, a course correction, and a guarantee against corruption, deviation, and failure." LINK

Clare: The Sudanese financial advisor reveals the date of the government’s implementation of the budget schedules

6/3/2024

A financial advisor to Prime Minister Mazhar Muhammad Saleh revealed the date for the government’s implementation of the financial budget schedules for 2024 approved by the House of Representatives today, Monday.

Mazhar Muhammad Saleh told {Al-Furat News} agency, “Based on the effective constitutional path in issuing legislation, the start of the official implementation of the federal general budget schedules must be accompanied by its approval by the House of Representatives, based on the provisions of Article 77/Second of the Federal General Budget Law No. 13.” For the year 2023 (the tripartite budget), if that approval in the House of Representatives takes the form of (the law) or the form of the amendment to Law No. 13 of 2023 referred to above,

Then those amendments to the original law or the wording of the tables as a new law must in all cases be approved by chance.

The President of the Republic, and then it will be published in the Official Gazette so that the legal procedures can complete all their prescribed paths.”

He pointed out, "After that, the implementation or application phase begins immediately unless there are instructions for implementing the federal general budget schedules for the year 2024, which may be issued by joint instructions between the Ministries of Finance and Planning."

Saleh continued, "Despite this, the important aspect remains that the budget tables for the year 2024 are approved by the legislative authority and are accepted by legislators in the House of Representatives, and then the financial table for the year 2024 is issued and approved under any form of legislation in force, whether issued by a new law or a legislative decision." .

Ragheed LINK

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Margarita: Soooo maybe when it is published in the gazzette we get the rate change? i mean frank said it is a line item right?

BuckEyeTree: If I remember correctly from the past, the Gazette is published on Wednesdays and Saturdays in Iraq. Frank is to have next UB2B on Wednesday.

Maybe that is just a coincidence, unless Frank needs to do a short sooner. You never how quickly things may happen in a good way with Sudani at the helm.

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Clare: Parliamentary Finance for Nina: We approved the budget schedules as received from the government, except for the governorate allocations.

6/3/2024

The Parliamentary Finance Committee announced that the schedules of the general budget law will be passed as soon as a quorum is reached in the House of Representatives session scheduled to be held this evening, Monday.

The Vice Chairman of the Committee, Ahmed Mazhar al-Jubouri, stated in a statement to the National Iraqi News Agency (NINA) that “the Parliamentary Finance Committee met yesterday in the presence of most of its members,” 17 members representing the “Progress, Determination, Sovereignty, and Kurdish blocs,” and representatives of the coordination framework for the Asaib, Badr, and Sindh + 2 blocs in Hajj. The rest did not come."

He explained, “The committee voted absolutely on the general budget schedules after adding 2 trillion dinars to the governorates to be distributed according to population proportions.”

He added, "The tables have been completed and we have submitted the final version to the Presidency of the House of Representatives for a vote on it in today's session, Monday," noting that "Article 77 of the General Budget Law stipulates that the House of Representatives only approves the tables, and there is no so-called technical report for the committee on the general budget tables, other than "It's a novelty."

He continued to say, “The parliamentary committee, in agreement with the government, obligated the government to transfer an amount of two trillion dinars, and it is the one that determines the doors for the transfer” to the government, “and after the allocations to the governorates were 1.5 trillion dinars now, it has become 3.5 trillion dinars, which will be distributed according to the population proportions of the governorates.”

We continued: "We voted on the tables as sent by the government. We only addressed the problem of governorate allocations, but the rest of the paragraphs proceeded as they were received from the government."

Al-Jubouri confirmed, “The Finance Committee has completed its work technically, and will present the budget tables to the House of Representatives to vote on them or not,” noting that “the budget tables will be passed as soon as a quorum is reached within the House of Representatives session, and there is no new meeting of the committee related to voting on the budget tables.” LINK

Goldilocks' Comments and Global Economic News Monday Afternoon 6-3-24

Good Evening Dinar Recaps,

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"It was decided to stop the companies whose details are listed in the table below from entering the foreign currency buying and selling window"

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READ HERE

file-171741265259795.pdf

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A financial storm is coming that governments cannot fight |Finance Yahoo

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Aeroponic Farming in India: Simplest and Best Guide Ever |Times of Agriculture

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Ahmed AlKiswani, Qatar Financial Services Sector Leader, PwC Middle East commented: “Qatar is strategically positioning itself asa leading FinTech hub in the Middle East and a pioneer in digital transformation and sustainability within the financial services sector. |PwC

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‘Hundreds of Trillions’– Sergey Nazarov Says 2024 Is Year Crypto and Global Financial System Merge -The Daily Hodl

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Here’s Everything You Need To Know About Banking-as-a-Service |Inc42

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Currently, we are witnessing the merging of the new digital economy backed by gold. It is a Gold Standard formulated through Digital Protocols.

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VaultChain Gold |Kitco

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LAST WARNING: China Is Ready to Reveal the ENDGAME & Gold Prices Will Soar - Alasdair Macleod |Youtube

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In 1912, American financier and investment banker J.P. Morgan said, “Gold is money.Everything else is credit” during his testimony before Congress.

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"Recently, the U.S. Federal Reserve received multiple suggestions regarding the use ofXRPin apublic questionnaire aboutCBDCs, prompting speculation about the potential integration of this cryptocurrency into the Federal Reserve’s operations." |The Crypto Basic

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Gold Will Soon Displace The US Dollar, And Americans Are Missing Out

Notes From the Field By James Hickman (Simon Black) June 3 2024

Next month will mark 80 years since the US dollar was formally anointed as the world’s reserve currency.

It was July 1944. And with the war in Europe near its denouement, governments were already trying to plan what the postwar world would look like. Most urgently, they needed to figure out how to rebuild their devastated economies.

Just think about the mess they were in: nearly every industrialized country in Europe had been destroyed by war. Manufacturing and farming were both in the dumps, and they had very little savings to invest in economic revival.

They also had a gigantic mess when it came to international trade. Dozens of countries each had their own currencies, so commercial trade meant each government keeping 20-30 currencies in reserve.

France, for example, would have to hold Austrian schillings, British pounds, Spanish pesetas, Italian lira, Dutch guilders, Soviet rubles, etc. in reserve, just to be able to trade.

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A much, much simpler solution was for every country to use the same currency to trade with each other. And there was no question about which currency would be the right choice: the US dollar.

In 1944, the United States still had a strong and powerful economy. It had robust capital markets and a well-developed financial system. It was the only country left standing.

So, representatives from more than 40 nations gathered that summer in picturesque Bretton Woods, New Hampshire and formally agreed to use the US dollar for international trade and commerce.

More specifically, each country fixed its exchange rate to the US dollar, while the US dollar was fixed to gold.

It only lasted about thirty years. By the early 1970s, the original Bretton Woods deal had been completely undone. Currencies floated freely against each other (including the dollar), and the US dollar terminated its link with gold.

And yet (thanks in part to Saudi Arabia agreeing to sell oil in dollars), the US dollar has continued to remain the dominant reserve currency through today.

For the most part that was still a sensible bet; the US has been the world’s #1 economy for the past five decades. But the cracks are obvious.

The US federal debt is a national embarrassment. At $35 trillion, the debt is far larger than the entire US economy… and it gets worse every year.

The US government is also completely dysfunctional. The vitriol and enmity, among the parties and within the parties, is so extreme that virtually nothing productive or beneficial ever takes place. The business of government now is merely two sides screaming that the other is a threat to democracy.

The President barely knows where he is half the time, and the other half he spends shredding the Constitution to engage in some anti-capitalist, inflationary, fanatical woke climate agenda.

Sadly, this isn’t a one-time blip. America’s governance and finances have been deteriorating for most of this century-- starting with the endlessly expensive War on Terror, through the free-spending Obama years, to the pandemic… and now the very real prospect that the next four years could look very similar to the previous four years.

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America is supposed to be a reliable, stabilizing force in the world. But today’s America has lost its grip. And foreign nations have noticed.

Most people alive today don’t remember a world in which the dollar wasn’t #1 and therefore cannot fathom a world in which this is no longer the case. But it’s irrational to assume that something will continue indefinitely, forever, simply because of the status quo today.

It’s not 1944 anymore. Back then there were no other options… and no one who even came close to rivaling the military and economic superiority of the United States.

Today both of those are in decline. It’s not to say the military can no longer fight or that the economy is in complete shambles. But America no longer has the unrivaled position it enjoyed for so long.

More importantly, the trend isn’t looking good. From an economic perspective, the national debt is set to increase by another $20 trillion over the next decade… likely triggering a nasty run of stagflation like the US experienced in the 1970s.

The US military, meanwhile, continues its downward slide. Recruitment is absolutely abysmal. Key weapons systems, fighter jets, tanks, and naval vessels are borderline obsolete.

The US Navy’s fleet of ships and submarines (which would be critical in any conflict against China) is the oldest and smallest it’s been since the end of World War II. Nearly 1,000 military aircraft will be retired from service in the next five years alone, and there is no concrete plan to replace them.

Nor is there any money to do so.

Frankly it is exceedingly difficult to believe that, in light of America’s declining power and prestige, the rest of the world will continue accepting the US dollar as the global reserve currency for much longer.

We’re already seeing signs of this change; plenty of countries are starting to trade with one another in different currencies, including Chinese renminbi and Indian rupee, and this trend will likely accelerate over the next several years.

I think it’s even possible there could be an event of some sort-- perhaps the US government defaults on its debt, or there’s even a shooting war or cyberattack-- which triggers a new Bretton Woods style conference.

The key difference between now and 1944 is that there was only one option back then-- the US. And pretty much everyone had confidence in America.

That’s not the case today. Few rational people have the same level of confidence in the US government. Yet almost no one trusts the Chinese either.

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But just like 1944, there is an obvious solution… and one that everyone already trusts: gold.

Nearly every country already holds gold as a reserve asset, so there would be very little change to the way they currently do business.

I’ve written about this before-- I believe this is why so many central banks around the world have been on a gold-buying spree. In fact, this is THE reason why gold is near its all-time high: central banks have been buying it by the metric ton.

You have to understand that central banks aren’t speculators. They don’t care about price. They buy for strategic reasons… and I believe that the central bank gold purchases that have been occurring over the past few years are a key sign that the global financial regime will be changing.

Individual investors, meanwhile, have been selling gold.

North American investors have sold off more than $4 billion worth of gold ETFs in the first four months of this year, with $2 billion of that just in the month of April. And gold ETF holdings are now at their lowest level in four years.

Central banks are buying. Individual investors are selling. It seems pretty clear that people aren’t paying attention to the warning signs.

Yes, gold is near its all-time high. But that doesn’t mean it can’t go much higher… especially if there’s a catalyst. And there absolutely is.

As a final point, I would point out again that even while gold is near its all-time high, shares of high quality, profitable, dividend-paying gold miners are laughably cheap.

That’s because central banks only buy physical gold bullion (which has pushed up the price of gold). They do not buy gold stocks… hence many of these businesses are available for outrageous bargains.

To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/gold-will-soon-displace-the-us-dollar-and-americans-are-missing-out-151007/

Iraqi Dinar Today Video Update Monday AM 6-3-24

Back to Back Rate $3.22 – 5:06

Iraqi Dinar Exchange Rates on the Rise! – 2:02

WOW Its come Back , Every Dinar $6.44 US Dollar – 3:42

Vetnamese Dong Latest Exchange Rate – 3:35

Officiate Announcement By President Joe Biden to All VND & Iraqi Dinar Rate Revalue – 3:09

Back to Back Rate $3.22 – 5:06

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

Iraqi Dinar Exchange Rates on the Rise! – 2:02

https://www.youtube.com/watch?v=B4n_tNHzcvY

WOW Its come Back , Every Dinar $6.44 US Dollar – 3:42

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

Vetnamese Dong Latest Exchange Rate – 3:35

https://www.youtube.com/watch?v=_I2tRgX2nSE

Officiate Announcement By President Joe Biden to All VND & Iraqi Dinar Rate Revalue – 3:09

https://www.youtube.com/watch?v=D_n5Nw8DHLI

This legislative trend underscores a profound skepticism towards the stability of the fiat currency system and a proactive approach to safeguarding economic stability.

By embracing sound money principles and constitutional directives, these states are positioning themselves to withstand potential financial upheavals and protect their citizens’ wealth.

In This Article

• Louisiana’s New Legislation on Gold and Silver

• Constitutional Foundation for Sound Money

• Growing Trend Against Fiat Currency and CBDCs

• Implications for the Future of State Economies

Louisiana has made a significant legislative move as Governor Jeff Landry signed a new law on May 31, 2024, reaffirming gold and silver as legal tender.

This action reflects a broader state-level trend anticipating a collapse of the fiat currency system.

The bill enjoyed overwhelming support, receiving only one dissenting vote in the Louisiana House and Senate.

This principle, rooted in the nation’s founding document, highlights the enduring importance of sound money policies.

These states have taken steps to eliminate sales and capital gains taxes on precious metals and empower state treasurers to invest in gold and silver. This movement underscores a deepening distrust in the stability of the fiat currency system.

The Federal Reserve note “dollar” has lost purchasing power, leading to inflation and economic instability. By reaffirming gold and silver as legal tender, states like Louisiana are proactively protecting their citizens’ wealth and preparing for a potential collapse of the fiat currency system.

This legislative trend suggests a broader shift towards economic self-reliance and stability at the state level, highlighting a growing recognition of the need for sound money policies.

As more states join this movement, it signals increasing skepticism about the long-term viability of the fiat currency system and a proactive approach to ensuring financial stability.

By embracing precious metals and rejecting CBDCs, states are positioning themselves to safeguard their economies and citizens against the potential collapse of the fiat currency debt system.

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Join my Telegram Channel to comment and ask questions here:GCR_RealTimeNews

Follow me on Twitter:@Real_AwakeIn3D

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. 06/03/2024

Member: Welcome to a new week of possibilities

Member: Did the budget pass? New rate yet?

MZ: Not yet. It’s my understanding it is going to be a late session. Possibly completing today or maybe tomorrow. There are conflicted stories coming out of Iraq right now on that front.

Member: I hear they agreed on budget but did not pass yet. They need a new rate for it to work

Member: Iraq parliamentary finance fails to pass the budget schedules due to a political decision. Could this delay what we’re waiting for?

Member: Militia Man just posted an article stating that parliamentary finance voted absolutely on the general budget and is voting on some amendments tonight. That’s just the skinny

MZ: More interesting news out of Iraq: “UN Security Council votes to end the UN mission in Iraq” This is a big one dealing with the sovereignty of Iraq. This does not mean all US military will leave Iraq…there will still be some joint bases with them. But the UN mission is now done there. They say Iraq can now take care of itself. This is one of those key events we have been waiting for.

Member: I wonder how the UN Security Council's decision to end the UN mission in Iraq impact the stability and security situation in the region?

Member: anymore RV news? bond holders? anyone getting $$$ ?

Member: Are the bondholders & Whales still beached in Reno ?

Member: Happening now...Berkshire Hathaway stock Class A- HALTED! Down over 90%! Technical issue? China cyber attack? crazy stuff happening ...

Member: Barrick gold halted trading this morning

Member: New York Stock Exchange having glitches. Shows Berkshire Hath. A Class stock down 99%

Member: DOW38,581.62-104.70 (-0.27%) They are trying to prop it up it continues to fluctuate.

MZ: “Chinese property giant Evergrande fined $576 Million for fraud” This nation is floundering on how to save its real estate market. We have similar problems in the US. It’s setting us up for the reset.

Member: Saudi Arabia oil contract expires on the 9th ….70 year contract…..will be gone….maybe that’s a trigger?

Member: The Oil contract ends with the Middle East on June 9th, ending reliance on the US fiat dollar to trade for oil. Will this end the petrodollar?

Member: Dinar Recaps seems to be shooting itself in the foot… why start asking for a paid sub when we are about over with the RV?

MZ: Companies have demonetized the ad platforms that many are using…so it’s not just Dinar Recaps. They have launched a financial war on anything they consider “not mainstream” . Recaps and others have gotten caught in that. Now they can either shut their doors or find a different way to keep the lights on….while paying the staff and the servers ect…..so they have gone to a new model.

Member: I can see how Nesara, the RV, a new financial system and gold backed currency is against the “main stream” narrative for sure.

MZ: It’s unfortunate and many can’t afford to go there- but, If they don’t –what are the alternatives? Shut down and go away? So it’s worth a shot by Recaps. We all we still find out the same time when the RV/Reset happens.

Member: I got an email from recaps that said they will still have a free model. Just posts will be a little later than the paid side. And you can still read recaps info on their blog for free.

MZ: Globalists want to demonetize and shut us all down. They think if they take the dollars away we can only post what they want.

Member: It is good to remember...not just our country and it's problems...and see many places struggling with similar issues..thanks Mark.

Member: Hopefully the RV will be this week and all this will be behind us very soon.

Member: Will you guys check the spelling on my resignation letter? here it is: I quit lol

MZ: INFO Wars is an example…It’s been shut down.

Member: We are in a major historical event.

Member: I know we're all hurting. I pray for all of us in this family.

Member: “It only takes a moment for God to turn things around for you. Keep the faith and trust him to do it in His perfect timing. Never Give UP!”

MarkZ I just want to say thank you for all you do for us all I've been watching for 5 hrs now an after RV ill still be here keep up the great work love the show.....

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

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

Mark's Backup Channel, the Trolling News Network https://www.youtube.com/channel/UCqWI...

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

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

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

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

Youtube: https://www.youtube.com/watch?v=JzNRCvd3YmA

TNT:

Tishwash: It includes international agencies...preparing to open the largest mall in an Iraqi governorate

The Muthanna Investment Authority announced today, Monday, the imminent opening of (Al-Baraka Mall) in the center of Samawah city, implemented by investor Sheikh Hatem Al-Khawam, and it is considered one of the largest malls in the governorate and neighboring governorates.

Chairman of the Muthanna Investment Authority, Adel Dakhel Al-Yasiri, said, “This important commercial center, which was built on an area of ​​(12,300 square meters), includes (100) various stores, (12) restaurants and hypermarkets with an area of ​​(2,000 square meters), a children’s play area with an area of ​​(1,300 square meters), and a coffee shop.” And branches of several banks and international agencies for clothing and meals, and a garage that can accommodate (80) vehicles, and the implementation of a multi-storey garage is underway in addition to the project to accommodate more vehicles.

He added, "The project employs dozens of workers, including technicians and administrators, daily, while the number will increase during the commercial operation phase." link

CandyKisses: External praise for Iraq's banks: very advanced in electronic banking services

Economy News - Baghdad

The Union of Arab Banks confirmed on Monday that Iraq is very developed in electronic banking services, while pointing out that the Iraqi banking sector is ancient and its role is vital in economic development.

The Secretary-General of the Union of Arab Banks, Wissam Fattouh: "There is a deprivation of dealing in the dollar and not sanctions, because sanctions mean inclusion on the sanctions list," pointing out that "the impact of deprivation is almost equivalent to sanctions because banks are difficult to work without the dollar currency, which represents the currency of international trade."

Fattouh added, "The Iraqi banking sector is a long-standing sector with a history, with total assets of $ 157.9 billion, and even deposits belonging to it more than $ 100 billion. Therefore, this sector is important and its role is vital in the economic development of the heart of the country."

He stressed "the need to apply international standards, especially with regard to standards and laws in force to combat money laundering and terrorist financing."

He pointed to "the involvement of the strategy between the Union of Arab Banks and the Association of Iraqi Private Banks, to reach this goal that is really required, and to train and qualify Iraqi cadres in particular."

He pointed out that "there is a great partnership between Iraq and the United States of America for decades and trade exchange, especially after Prime Minister Mohammed Shia al-Sudani made an important historic visit to the United States of America."

"The biggest role today is how to protect the Iraqi banking sector, and that trade exchange actually takes place through Iraqi banks and not through other banks," he said.

"Iraq is very advanced in electronic banking services, and the challenge today facing the Iraqi banking sector remains the challenge of compliance," he said.

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CandyKisses: Taif Sami talks about the allocations of the governorates in the budget

The Ministry of Finance explained in a press statement that "Finance Minister Taif Sami received Maysan Governor Habib Zahir Al-Fartousi, to discuss the financial reality of the province and its needs for vital projects."

She added, "The Minister of Finance discussed the most prominent financial challenges facing the province, and ways to address them, as well as a number of projects that the province intends to implement during the coming period."

Sami pointed out, according to the statement, "the ministry's keenness to support all Iraqi provinces as scheduled within the draft general budget, and to provide the necessary facilities for them to implement their projects and improve the level of services provided to citizens."

For his part, the Governor of Maysan expressed his appreciation to the Minister of Finance for its interest in improving the financial and economic reality of the governorate, and its continuous support for the implementation of its projects to achieve sustainable development in it.

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CandyKisses: Political decision fails to pass new budget law

Baghdad - Iraq Today:

Currency Insider Video Update Monday AM 6-3-24

Iraqi Dinar Huge Reinstatement – 2:41

Iraqi Dinar Chase bank surprised everyone – 1:53

Iraqi Dinar Huge Reinstatement – 2:41

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

Iraqi Dinar Chase bank surprised everyone – 1:53

https://www.youtube.com/watch?v=uXHPMsCL57Y

Note From Dinar Recaps:

We are sorry to say our 10 AM Eastern time Monday morning email will be delayed for a short time .

Our email provider is having technical issues. It should be resolved shortly and the newsletters will be sent.

In the meantime you can read our latest posts at our blog or in the Early Access Room.

Thanks for you consideration. ~ Your Dinar Recaps Team

12:25pm (ET) Update: we are still trying/waiting to do our morning newsletter. Thank you for your patience.

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.

Timing: (Rumors/Opinions)

On Sun. 9 June 2024 the Petrodollar Ends – no need for nations to hold US Treasuries as the Global World Reserve Asset in oil trade: The U.S. Treasury bond market is funded off the World needing dollar reserves aka bank derivatives (off balance sheet dollars). When the Petrodollar ends on June 9th, there is no need for the world to hold U.S. Treasuries as the global world reserve asset in the oil trade. The Japanese Yen will hyper-inflate against their U.S. Treasury holdings. Japan will be forced to liquidate all their dollars.

Global Currency Reset:

Sun. 2 June 2024 TNT Tony: The banks have been placed on High Alert.

Sat. 1 June 2024 MarkZ: I expected it to be pretty quiet this weekend.But folks are geared up for early next week. I have been told by a number of them that are ready and positioned.

Sun. 2 June 2024 Charlie Ward Show: “Zimbabwe’s new Zig Currency has knocked inflation there to 0. The new gold backed currency of Argentina is not only reducing the taxes for the people, but it is also paying the taxes back to the people. The people of Argentina are waking up.”

Fri. 31 May Last Wolverine Call:

“I received an official notification from Brazil – “Good afternoon to you and your family. Confirmed the release order has been given – Colombia, USA, Brazil. The representative of the Columbian project manager begins with his delivery protocols to his Tier4B. Leading representative internet group starts in June.

The banks are ready and adapted to 100% QFS. The drought has already ceased. Wait for your notifications from Columbia today (Sat. 1 June) after 12 pm.

The Victory of the Light took off. Prepare your Passports. The Journey to the New World has arrived. Congratulations and Best regards.”

This came through last night. I received another message from a very strong contact, a Whale, from Zurich, saying he got the same message. I don’t follow TNT much, but it came through on their call saying that every contact and agency says, “It is a go today.” This may be in line with what we have received from Brazil.

Reno – I have been told, is about to kick off. I am waiting to get a call from my source in Reno and hopefully we will get that done.

So, by next week, everything will be looking beautiful. The foundations are all funded. They are ready to go. So, get ready to meet the new world.

This is not a rumor. This is fact that is coming through. I am hoping and praying this is my last call and my next call will hopefully be the opera. Have a beautiful day. I am hoping I get that call from Reno today. If I do, then I will have an EMERGENCY LIVE CALL for you all. Obviously if I am allowed to send that opera, I will. Take care, Wolverine

Global Financial Crisis:

In the first Quarter of 2024, US Commercial Banks reported a cumulative unrealized loss of $517 billion on their securities holdings. Pretty wild. Remarkable you don’t hear about this more in the media. https://t.me/USDebtClockAmerica

The privately owned Federal Reserve has Money Laundering US Taxpayer dollars since they were founded in 1913.

The Yen will be the first to fall. Japan’s Record Spending Unable to Stop Yen’s Destruction. https://ai3d.blog/currency-system-failure-the-japanese-yen-will-be-the-first-to-collapse/

Read full post here: https://dinarchronicles.com/2024/06/03/restored-republic-via-a-gcr-update-as-of-june-3-2024/

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

Militia Man Article: "Parliamentary Finance resumes its meetings regarding the budget in preparation for voting on the schedules" Quote: "Parliament decided, according to the agenda, to hold its twenty-seventh regular session next Monday..." I am not sure how long voting will take on the paragraph. But, if they are going to vote to do a budget at 1310 that would have a deficit of 64 trillion that would not be good for the people and they want to see another term in office they'll need the 3 zeros to be removed from the exchange rate. If there isn't a removal by Al-alaq they'll be in a pickle be sure.

Nader From The Mid East 'Nader you said it was going to happen in June.' No I didn't say in June happen. I said June they're a possibility for them to work on the dinar because each time they worked on him it's between June and August...They created a new white paper. They're going to start working on the exchange rate and I think from here to the 8th of July. We'll see what's going to happen.

China Says NO to IMF and World Bank: What Next?

Fastepo: 6-2-2024

China has been actively developing alternative financial institutions to reduce its dependence on US-based organizations like the World Bank and the IMF.

This strategic shift aims to enhance China's influence in global financial governance and provide a more diversified financial landscape for developing countries.

Two key institutions in this effort are the Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB).

In this video, we delve deep into China's strategy to reduce its reliance on Western-led organizations.

https://www.youtube.com/watch?v=TO1ngIW7rMA

IQD Update-Iraq Dinar-Accelerate- Digital-Financial-Banking Reforms-Best Budget since 2003-Cash less

MilitiaMan and Crew: 6-2-2024

The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

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