Dinar Recaps Blog Page — Dinar Recaps (2024)

In This Article:

1. Japan Government Prepares for Massive Yen Intervention

2. Impact on Gold, Oil, and Bond Markets

3. Concerns Over Global Financial Contagion

4. Expert Opinions on the Yen’s Future

The Japanese yen has tumbled to its weakest value since 1986 following comments from Japan’s Vice Finance Minister Masato Kanda. This historic decline comes despite government recent efforts to stabilize the currency, raising concerns about a global financial contagion.

He reassured the public that the government is closely monitoring the market with a high sense of urgency.

Kanda emphasized that all necessary actions would be taken against any excessive movements, though he refrained from commenting on whether the current situation qualified as excessive.

Earlier statements by Kanda indicated that Japanese authorities were ready to intervene in the currency markets at any time. Finance Minister Shunichi Suzuki echoed this sentiment, stating that all possible measures would be taken to manage market developments.

Despite these reassurances, the yen’s value continued to slide, prompting further market volatility.

Pic 2

Yen Plummets to Historic Level Today: Rising Above 160 Yen to the US Dollar

The stronger dollar has triggered significant selling in gold, oil, and treasury bonds. Investors are reacting to the uncertainty and potential for further market disruptions, resulting in increased volatility across global financial markets.

Gold, traditionally seen as a safe-haven asset, saw its value drop as the dollar strengthened.

Similarly, oil prices were impacted, with fears of a broader economic slowdown weighing on demand.

The bond market also experienced turbulence, with Japanese interventions reportedly funded through the sale of US treasuries.

Concerns Over Global Financial Contagion

The continued weakening of the yen has sparked fears of a broader global financial contagion.

Japan’s extensive, but unsuccessful interventions in the currency market have raised eyebrows internationally, particularly in the US.

The US Treasury Department recently added Japan to its “monitoring list” for foreign-exchange practices, reflecting growing concern over the potential impacts of Japan’s actions on global markets.

Experts worry that a collapse of the yen could trigger a domino effect, destabilizing other currencies and markets worldwide.

The inter-connected nature of global finance means that significant movements in one major currency can have far-reaching consequences, including leading to a global financial crisis.

Despite these differing views, the consensus remains that the yen’s path forward is fraught with uncertainty.

The government’s current measures appear woefully insufficient to stem the tide, and further much more drastic interventions will be necessary to prevent a complete collapse of the Yen.

As fears of a global financial contagion grow, the yen’s future remains uncertain, with increasing ramifications for markets and economies worldwide.

Contributing article:https://www.zerohedge.com/markets/yen-tumbles-1986-lows-after-japanese-currency-chief-comments-gold-oil-bonds-dump

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In This Article

• Pope Francis’ urgent appeal to global finance ministers and economists

• The need for a new international financial architecture

• The 2025 Jubilee Year as a catalyst for debt relief

• Insights on the pope’s economic perspective

As the global fiat currency debt system faces undeniable collapse, Pope Francis has made a powerful appeal supporting international mechanisms for debt relief ahead of the Vatican’s 2025 Jubilee Year.

He lamented that poorly managed globalization has deprived millions of a dignified future.

In order to try to break the debt-financing cycle, it is necessary to create amultinational mechanism, based on the solidarity and harmony of peoples, that takes into account the global nature of the problem and its economic, financial and social implications.
Pope Francis, June 5th 2024

“We find ourselves facing a debt crisis that mainly affects the countries of the south of the world, generating misery and anguish, and depriving millions of people of the possibility of a dignified future,” said Francis on June 5. “Consequently, no government can morally demand that its people suffer deprivations incompatible with human dignity.”

The pope called for a new international financial architecture to break the financial-debt cyclethat has contributed to a current global debt now estimated at $313 trillion.

He is likely referring to and putting his support behind the ongoing BRICS+ development of a new gold-backed currency and financial systemwhen he speaks of the “Global South.”

Organized by the Pontifical Academy of Social Sciences, the conference included some 50 finance ministers, economists, and international development agency heads.

The meeting comes as major legislation is being considered in New York and the United Kingdom on sovereign debt restructuring.

It occurs at a time when both church leaders and development groups are pushing for greater foreign debt relief,coinciding with the upcoming 2025 Jubilee Year, a once-every-quarter-century event that includes the Biblical tradition of forgiving debts.

“For this reason, dear friends, the Holy Year of 2025, to which we are heading, calls us to open our minds and hearts to be able to untie the knots of the ties that strangle the present, without forgetting that we are only custodians and stewards, not masters,” Francis told conference participants.

LeCompte, who attended the Vatican conference, noted that “secular institutions are aware that 2025 is a Jubilee Year” and are interested in using it to push new policies for a better global financial model.

“Debt can no longer be disconnected from the broader economic stability of nations,” said LeCompte. He believes that the pope has always understood this connection, as evidenced by his proactive stance on economic reform.

“The north really owes a debt to the south because we took all of their resources and fueled industrialization,” he said. “We took from them and now we owe them a debt to be able to ensure their economic stability.”

The Impending Collapse of the Fiat Currency System

In his June 5 remarks to economists and financial leaders, Francis emphasized the need for a multinational mechanism for dealing with debt to counteract an “every man for himself” attitude, where “the weakest always lose.”

According to LeCompte, what the pope is really demanding is a “global transformation of our financial system” to address the collapse of the current fiat currency debt system.

While Francis is building on the teachings of Popes John Paul II and Benedict, LeCompte pointed out that Francis speaks from direct experience, having faced long-standing economic crises during his time as Archbishop of Buenos Aires.

“He stared down the barrel of a gun from these vulture funds in Argentina … and led his country through the greatest economic crisis the country had ever faced,” said LeCompte. “He has a direct understanding of these issues, saw what they did and saw what inequities in the financial system do to developing countries.”

His emphasis on the interconnectedness of global financial stability highlights the moral imperative for global financial leaders to act.

The ongoing collapse of the global fiat currency debt system underscores the urgency of his appeal, as the world can no longer deny or wish away these critical issues.

The BRICS+ development of a new gold-backed currency and financial system offers a tangible solution, aligning with the pope’s vision for the future.

Contributing article:https://www.ncronline.org/vatican/vatican-news/ahead-2025-jubilee-pope-francis-rallies-global-finance-heads-back-debt-relief

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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 Zester. 06/27/2024

GOOD MORNING, EVERYONE!! IT IS A GREAT DAY TO BE ALIVE, AND WATCH THE EXCITING EVENTS UNFOLD BEFORE OUR EYES!! GOD BLESS!!

Member: News is sounding pretty good, but as always, staying grounded

Member: News is always good…It’s the action that is lacking

​​Member: I hope everyone has a spectacular day. Change is coming...

Member: Mark, Tony says rate of $28.50? True of false?

MZ: I Hope Tony is right. That rumor has been around a very long time that the first 10million could be $28.50. I’m not looking for it…but hope he is right.

Member: Was the new rate posted in the Iraqi Gazette yesterday?

MZ: My Iraqi contacts say there was not a rate in the Gazette yesterday. They expected to see a rate posted there yesterday but there was not one according to 3 sources on the ground there. They still expect to see the rate in the month of June and we have a few days left.

MZ: the chatter is screaming “now” and I continue to hear from bankers to watch for it between July 4th to the 8th. Some outliers say maybe the 12th through the 14th.

MZ: Iraq has been very clear that they are moving toward that direction. I can’t imagine they would keep all that security stationed at ATMs around the country for long. I look for something to happen sooner rather than later.

Member: The HCL law has not passed. We may still be waiting awhile.

MZ: HCL is about as ready as they can get it. I think they are prepared and just waiting on the US.. That is what I heard from Treasury sources. That they are waiting for the “go” to support their rate change. But I think we are stinking close.

Member: I don’t understand why does Iraq need our permission to go if they are sovereign?

Membr: So we are still looking for HCL law, A new rate, A new financial system with new gold/asset backed currencies worldwide……that’s a lot of things we have no proof of yet. …..

Member: Unless Iraq is just going alone….then we just need the new rate and HCL can go at the same time.

Member: If Iraq goes alone…I still think the rest of the world will follow shortly afterward.

Member: what are your thoughts about truthers saying it's not time for the rv yet because there is no mechanism in place to put the funds into since the qfs block chain isn't done yet?

Member: I don’t think we even know if the QFS is even real or another Dinarland story?

Member: I guess we are all feeling frustrated hearing the same thing month after month. at the end of the month they say mid month then end then mid until months and years go by.

Member: The end of the Roller Coaster Ride is the most exhilarating! Hang-on and have fun - no matter what!

Member: Please everyone pray and stay positive keep our energies high, we are almost there and it has been a long journey for everyone.

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

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Iraq News Highlights and Points To Ponder Thursday AM 6-27-24

What Is The Importance Of Iraq Joining International Agreements?

Money and business Economy News – Baghdad Today, Wednesday, the head of the National Investment Authority, Haider Makiya, stressed the importance of Iraq joining international agreements to enhance the investment sector, pointing out that Iraq has provided real guarantees to attract foreign investments.

Makiya said, in his speech, during the launch of the National Investment Commission conference in cooperation with the United Nations Development Programme, that “Iraq’s accession to the International Settlement Agreement resulting from international mediation and disputes that was signed in 2024, will contribute to achieving the goals of sustainable development and encouraging the increasing use of international mediation as a means.”

Effective for settling cross-border disputes, for the purpose of maintaining trade and investment relations between the parties involved in the investment process.”

He added, "This agreement has a pivotal dimension, foremost of which is finding an alternative method to litigation procedures before international arbitration bodies in disputes arising from investment, especially since Iraq joined in 2015 the International Center for the Settlement of Investment Disputes between States and Citizens of Other Countries, and this "It will give foreign investors the right to resort to the Washington Center."

He continued, "Also, the Republic of Iraq's accession to the New York Convention on the Recognition of Foreign Judgments of 1958 means completing all the legislative environment necessary to provide real guarantees and protection for foreign investors, and this will positively reflect on attracting foreign capital to Iraq, which aims at the process of construction and reconstruction, and will raise Iraq's classification."

He explained, "This agreement enhances the Iraqi investment reality, because it includes many international and qualitative strategic investment opportunities that impose contracts with specialized foreign companies for investment purposes

This requires Iraq to provide legal protection to those companies by resolving disputes in the event that they arise from investment contracts that It is imposed by state institutions on these companies, which prefer to resort to international arbitration to guarantee their rights, as stipulated in Article 27 of Investment Law No. 13.

He pointed out, “Iraq’s accession to the International Mediation Agreement (Singapore Agreement) is necessary to attract foreign investments and achieve intended development, especially in light of Iraq’s transformation and dependence on a free market economy.

This agreement will also create a legal framework that allows reliance on agreements.” The settlement resulting from mediation is easily implemented by all countries.”

Makkia stressed that "the legal department at the National Investment Commission and the investment authorities in the governorates will work to include international investment contracts based on mediation mechanisms in disputes related to investment before resorting to international arbitration, which will send a message of reassurance to foreign investors and foreign companies to proceed with resolving disputes related to these contracts, in an easier way than entering into international commercial arbitration procedures."

He pointed out that "the Republic of Iraq's accession to the International Commercial Arbitration Convention and the Singapore Mediation Convention, in addition to concluding many agreements to encourage and protect mutual investments between Iraq and many international countries, made Iraq occupy the fourth place in the classification of foreign direct investment."

And the best emerging markets to invest in 2024.”

He stressed that "the noticeable improvement in the investment climate in Iraq comes as a result of the government's efforts to enhance the economic and investment sector, in attracting foreign investments," calling on foreign companies, foreign investors and businessmen to "visit Iraq to learn about the investment opportunities included in the investment map,

and to attend the Iraq Investment Forum that will be held next November, which will launch more than 100 investment opportunities with complete approvals, and to see the advantages and guarantees that the investment law will provide to investors." Views 42 06/26/2024 - https://economy-news.net/content.php?id=44638

Haider Makiya: Iraq Is An “Important Destination” And We Are Witnessing An Improvement In The Investment Climate

The first 06/27/2024 The head of the National Investment Commission, Haider Makkiya, stated that the improvement in the investment climate inside Iraq reflects the government efforts made to strengthen the economic and investment sector, while he stressed that Iraq has become an important investment destination in the region.

The National Investment Commission organized a conference attended by Al-Sabah yesterday, Wednesday, under the title of mediation “New Horizons” to facilitate business and retain investors in Iraq.

Makiya explained, in his speech, that the conference aims to introduce the importance of Iraq’s accession to the international settlement agreement resulting from mediation (the Singapore Agreement), as the accession document was signed last April in New York City in coordination with the Iraqi representation at the United Nations in conjunction with the visit of the Prime Minister. To Washington.

He added that the agreement contributes to achieving sustainable development goals and encouraging the increasing use of international mediation as an effective means of settling cross-border disputes with the aim of maintaining commercial relations between the parties involved in the investment process.

For his part, the representative of Prime Minister Nasser Al-Asadi stressed the importance of the agreement that keeps disputes away from complex judicial procedures at a time when we are witnessing important achievements on the economic level through the projects implemented and being completed.

Al-Asadi explained that the agreement is an important instrument to enhance trade and provide a special framework to enhance investments and aims to find a consensual formula without imposing a decision on the opponents.

As for the European Union Ambassador, Thomas Seiber, he said: We seek to grow and develop the economy, and we welcome the initiative of Prime Minister Muhammad Shiaa Al-Sudani, and we find that the signing of the agreement is important and enhances Iraqi economic capabilities. He explained that we are working with the government to create a safe climate to attract investments that achieve sustainable development, pointing out the importance of strengthening Iraqi international relations and that adopting international agreements in Iraq encourages the global economic community to enter Iraq.

The United Nations Resident Representative in Iraq, Oba Lats, explained the importance of the agreement, which comes from the fact that it is concerned with investment and resolving disputes in a quick and uncomplicated time and is low-cost by adopting mediation in a way that suits the interests of investors. https://alsabaah.iq/98637-.html

A New Decline In The Dollar Against The Iraqi Dinar In Baghdad

Market Economy News _ Baghdad The exchange rate of the US dollar against the Iraqi dinar fell on Thursday morning in the markets of Baghdad and in Erbil, the capital of the Kurdistan Region.

Dollar prices recorded a decline with the opening of the Al-Kifah and Al-Harithiya stock exchanges, recording 147,150 dinars for every 100 dollars, while yesterday, Wednesday, they recorded 147,650 for every 100 dollars.

Selling prices in banking shops witnessed a decline in the local markets in Baghdad, where the selling price reached 148,250 dinars, while the purchasing price reached 146,250 dinars for every 100 dollars.

Views 65 Added 06/27/2024 - https://economy-news.net/content.php?id=4466

Iraq's Oil Exports Exceeded 100 Million Barrels In May

2024-06-27 Shafaq News/ The Ministry of Oil announced, on Thursday, the total oil exports achieved for the month of last May, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO).

She said in a statement, received by Shafaq News Agency, that the amount of crude oil exports amounted to (104) million, (130) thousand, and (292) barrels.

The statistics indicated that the total quantities of crude oil exported for the month of May from the oil fields in central and southern Iraq amounted to (104) million, (130) thousand, and (292) barrels. LINK

Al-Atwani Calls For Reforming The Tax System In Iraq

Economy , 06/27/2024 Number of readings: 132 Baghdad - Iraq Today: Chairman of the Finance Committee, Atwan Al-Atwani, stressed the need to develop the tax work system and keep up with activities, to contribute to increasing non-oil resources. He also discussed how to provide an environment that helps contribute to increasing income and supplying the general budget with non-oil resources.

The Media Department of the House of Representatives stated in a press statement, “The Chairman of the Finance Committee, Eng. Atwan Al-Atwani, in the presence of Representative Mustafa Al-Karawi, a member of the committee, received the German Agency for International Cooperation (GIZ) project FFM Strengthening Public Financial Management with the support of the German government and the European Union.

The Chairman of the Committee stressed the need to develop the tax work system and keep pace with activities, to contribute to increasing non-oil resources, given that the state relies heavily on oil resources.

For his part, Mustafa Daoud Salman, the agency's representative, spoke about the importance of sustainable financing and following a specific methodology in the tax system and its implementation mechanism, in addition to taking into account the structural structure of tax work, in terms of providing services in exchange for imposing taxes. How to provide a conducive environment to contribute to increasing income and supplying the general budget with non-oil resources was discussed, in accordance with tax standards followed in the world. LINK

Parliament: Amending the investment law will reflect positively on the future

Iraq 06/27/2024 The Investment and Development Committee in the House of Representatives intends to amend the Investment Law, which will reflect positively on this sector.

Committee member Mohammed Al-Ziyadi told Al-Sabah: This law is an important law, as it enables the legislative and executive authorities to provide what is best for this sector, noting that the issue of replacing heads of investment bodies is a matter that falls under the governorate councils.

He added that the legislative authority must implement the tasks of local governments stipulated in the governorate councils law, in addition to the fact that the constitution has fully clarified the tasks and powers of local governments, and therefore what concerns these governments is their own business.

Al-Ziyadi pointed out that the last stage witnessed the absence of the role of the local government, and timid follow-up by the members of the House of Representatives after the task was entrusted to them, but now the law must be implemented in its entirety and the local councils must present something to their people in all governorates and what they deem appropriate by changing or continuing regarding investment bodies. .

He pointed out that we must benefit from the mistakes that occurred in the past to correct the work of investment bodies, explaining that the violations in the work of the bodies, including extending the work of their heads, which some have spoken about, did not exist because this matter is within the authority of the Council of Ministers,

adding that the matter is up to the provincial councils to implement what they see. appropriate according to their powers and do not allow any of the authorities to take away their powers for any reason. Edited by: Adhraa Juma https://alsabaah.iq/98624-.html

Provoking Thoughts and Points To Ponder On Adversity:

Adversity has ever been considered as the state in which a man most easily becomes acquainted with himself, being free from flatterers.-Samuel Johnson

In all things preserve integrity; and the consciousness of thine own uprightness will alleviate the toil of business, soften the hardness of ill-success and disappointments, and give thee an humble confidence before God, when the ingratitude of man, or the iniquity of the times may rob thee of other rewards. -Barbara Paley

He knows not his own strength who hath not met adversity.-Samuel Johnson

Adversity leads us to think properly of our state, and so is most beneficial to us.-Samuel Johnson

In the depth of winter, I finally learned that there was in me an invincible summer.-Albert Camus

http://famousquotesandauthors.com/topics/adversity_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.html

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.

ALERT!!!
Unrealized Losses at US Banks Exceed Bank Reserves
The FDIC Doesn’t Have Enough Money To Cover Bank Deposits
US Bank Runs Imminent

Prepare for 10 Dark Days of Military Controlled Lockdown

It’s only wise to have at least a month’s supply of food, water, cash, medicine and essential items on hand for your family and to share with others in case of emergency.

Judy Note The Global Currency Reset of 207 nations to gold/asset-backed currencies was said to have the effect of automatically shutting down the Cabal’s international operations. That was because the Illuminati’s “Dirty Monies” wouldn’t be accepted on the new Global Financial System that was already functioning independent of banks on over 500 Star Link Satellites floating above us in the air.

Wed. 26 June 2024 US Banks unrealized losses have reached $525 billion. This is almost seven times bigger than the great financial crisis of 2008. The unrealized losses have exceeded the total reserves of America’s largest banks. In addition, the FDIC doesn’t have enough money to cover bank deposits.

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Global Currency Reset: (Rumors/Opinions)

Wed. 26 June 2024 Wolverine: It’s ready to go, in fact it has already started. Some are getting paid and they are all under NDA. Another source says it is going to be this week, but things are happening right now and they are processing the first group. The second group should go around the 4th of July, while some say right after Thurs. 4 July.

Wed. 26 June 2024 TNT Tony: “Every single source says it’s done and we await the go signal. So we wait. There is agreement amongst them re: when it will be announced and what they are waiting on. Sunday 30 June 2024 is a celebration day in Iraq. They are waiting for the trigger, there is a trigger. He won’t tell us what that is. The Dinar Live New Rate Window is Thurs. 27 June 5pm EST 2024 to Sunday morning 30 June 2024.

Tues. 25 June 2024 MarkZ: “I am getting inundated with bank contacts telling me to expect that things have already started, but coming to fruition in banks after July 4, with a rollout in the days immediately following – around the 6th and 7th. That is the rumor. Remember that we don’t know the timing. I am sure getting a heck of a lot from the banking side that things are now moving quickly and that is what they are preparing them for.”

Wed. 26 June 2024 Frank 26: Iraqi Prime Minister Al Sudani and his team went to the US Treasury and delivered the monetary reforms that Sudani would implement for RV and RI of the IQD. That was the reason they were reforming the banking sector, which would increase the value of the Iraqi Dinar.

Wed. 26 June 2024: NESARA GESARA – The Cry for Restitution and Justice: The Shocking Truth About Our Stolen Wealth and the Cry for Restitution – American Media Group (amg-news.com)

Global Financial Crisis:

Wed. 26 June 2024 US Banks unrealized losses have reached $525 billion. This is almost seven times bigger than the great financial crisis of 2008. The unrealized losses have exceeded the total reserves of America’s largest banks. In addition, the FDIC doesn’t have enough money to cover bank deposits. …US Debt Clock on Telegram Wed. 26 June 2024

Wed. 26 June 2024 The United States Federal Reserve has been allegedly hacked by a Ransomware group called LockBit. The declaration was made through a post on the Dark Web. The group claims to have extracted 33 terabytes of sensitive banking information. The data reportedly includes confidential details of American banking activities. This could be one of the most substantial breaches of financial data in history if proven to be true. They are already linking this group to Russia. There has been no confirmation of the breach by the Federal Reserve so far. The number 33 should tell you everything you need to know. The Federal Reserve has less than 24 hours according to the group.

Read full post here: https://dinarchronicles.com/2024/06/27/restored-republic-via-a-gcr-update-as-of-june-27-2024/

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

Mnt Goat Article: "DOZENS OF IRAQI COMPANIES PARTICIPATE IN AN INVESTMENT SUMMIT IN AMERICA" ...in the past years I said – What is the US waiting for? Why have they not yet invested the US companies in Iraq? There is billions to make over there. – Well the spigot had to be opened first and now its opened. The spigot analogy means that the sanctions are over, war reparations paid and now they can do business easily with the rest of the world. But as you know with Iraq nothing happens overnight and so it took a year and a half to open the spigot but now it’s opened up wide.

Militia Man Oil is in the budget for 2023 was at $70 but oil has been over $80 for quite some time. They're gaining a lot of money. Then they've increased non-oil revenues at the borders, a lot of money. Liquid natural gas etc, a lot of money...This is happening...They've talked about sovereign funds...If all the stuff is what they're saying it is...these guys are going to be popping with money.

EXCELLENT Progress in Iraq; Stock Market; Development Road Project Latest Update

Edu Matrix: 6-27-2024

https://www.youtube.com/watch?v=z4d89OfQukY

Andy Schectman: JP Morgan Raises Silver Target To $34

Arcadia Economics: 6-27-2024

Gold and silver have sold off over the past week. But while that's happened, JP Morgan has just published a new report recommending to buy the metals on the dip.

JP Morgan has targets of $2,600 for gold and $34 for silver by 2025. And of course they are just one of the many banks that has recently been increasing their gold and silver price forecasts.

So Andy Schectman joins me on the show to talk about the bank coverage that's going out to the institutional funds, new inflation comments by Zoltan Pozsar, and a change in the physical gold and silver premium levels.

To find out the latest in the precious emtals markets, click to watch the video now!

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

TNT:

CandyKisses: Al-Muthanna Investment: The governorate is witnessing a qualitative boom in the size of projects

Information/Muthanna...The Muthana Investment Authority confirmed on Thursday that the governorate is witnessing a qualitative boom in the size of economic projects during the current period.

The head of the authority, Adel al-Yasiri, told the Information Agency that "the province has dozens of investment projects, including completed and others under construction, which will be completed within specific timetables."He added, "The Muthanna Investment Commission is currently supervising dozens of projects in various vital sectors that drive the economic wheel in the province."

Al-Yasiri pointed out that "all these projects are of great benefit and return to Muthanna in general and to the people of the province by providing job opportunities and implementation with the best engineering specifications required."

CandyKisses: Sudani stresses the importance of developing cooperation with NATO after the end of the mission of the international coalition in Iraq

Shafaq News / Prime Minister Mohammed Shiaa Al-Sudani stressed on Thursday the importance of developing cooperation with NATO after the end of the mission of the international coalition led by the United States of America in Iraq.

This came during his meeting with the commander of the North Atlantic Treaty Organization (NATO) mission in Iraq, General Lucas Schroers, who recently took office, according to a statement issued by the Sudanese media office.

The statement stated that, during the meeting, the security situation in the region was discussed, and the efforts of the mission and its cooperation with the Iraqi security institutions in the field of advice and training were reviewed, and in the field of intelligence coordination towards the prosecution of remnants of remnants of ISIS terrorist gangs.

The statement added that the Prime Minister stressed the importance of developing bilateral cooperation with the mission in the areas of training and information coordination, with the Iraqi armed forces after the end of the international coalition mission in Iraq, in a way that enhances security and helps in the stability of the region.

For his part, General Schroors expressed his thanks to the government, for supporting the mission, and providing the necessary facilities for its work in Iraq, according to the statement.

Earlier this year, the Iraqi Foreign Ministry announced the success of the negotiations with America and the agreement to form a "supreme military committee" to draft a specific and clear timetable that determines the duration of the presence of the advisers of the international coalition in Iraq.

On Wednesday, June 5, a political source was informed, revealed a 40-day deadline granted by armed Iraqi factions to Prime Minister Mohammed Shia Al-Sudani, to resolve the file of removing US forces from the country, promising that otherwise it would resume their attacks against US military forces.

In early February, attacks by armed groups on U.S. forces in Iraq and Syria stopped, after a drone attack killed three U.S. soldiers in Jordan, in response to which the United States carried out air strikes on sites in Iraq and Syria.

In the midst of the new developments, a political source familiar with Shafaq News told Agency that "a number of armed factions have given the Sudanese and his government until mid-July to resolve the file of removing American forces from the country."

The source added, "The factions stipulated the establishment of an announced and binding timetable for the resolvement of this file, and otherwise military operations against American goals and interests in Iraq and the region will be resurred."

On January 30, 2024, the Hezbollah Iraq Brigades announced the cessation of its operations against US forces in order to “not embarrass the Iraqi government,” recommending its fighters “temporarily negative defense.”

Iraqi armed factions launched periodic attacks on US bases in Iraq and Syria, which began in late October 2023, against the backdrop of the Gaza war.

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CandyKisses: Al-Sudani receives the commander of the NATO mission in Iraq

Prime Minister Mohamed Shia Al-Sudani received, on Thursday, the Commander of the North Atlantic Treaty Organization (NATO) Mission in Iraq, General Lucas Schroers, who recently assumed his duties.

During the meeting, they discussed the security situation in the region, and reviewed the mission's efforts and cooperation with Iraqi security institutions in the field of advice and training, and in the field of intelligence coordination towards pursuing the remnants of ISIS terrorist gangs.

The Prime Minister stressed the importance of developing bilateral cooperation with the mission in the fields of training and information coordination with the Iraqi armed forces after the end of the international coalition mission in Iraq, in a way that enhances security and helps stabilize the region.

For his part, General Schroers expressed his thanks to the government for supporting the mission and providing the necessary facilities for its work in Iraq.

Prime Minister's Media Office

27- June- 2024

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Tishwash: European Union: The Iraqi government has achieved development in international investment

The European Union announced, on Wednesday, that the Iraqi government has achieved progress in international investment, while noting that it sets an example of cooperation with international legal standards.

The European Union Ambassador to Iraq, Thomas Seiler, said in his speech during the launch of the National Investment Commission conference in cooperation with the United Nations Development Programme, entitled (Mediation: New Horizons for Facilitating Business and Retaining Investors in Iraq), followed by “Al-Iqtisad News,” “I congratulate the Iraqi state and business leaders on the great Iraqi achievement.” represented by the signing of the Singapore Agreement on Mediation,” indicating that “this agreement is considered a basic international treaty that seeks to reach a settlement between the conflicting parties.”

He added, "One of the points of importance for the Iraqi government is the development in international investment as well as commercial transactions, taking into account that disputes may arise due to differences between parties across countries. Therefore, when this happens, the parties need an appropriate method to resolve these disputes in an efficient manner and in an appropriate time, and thus mediation."

It is the one who does this, as it provides an opportunity for the parties to resolve the problem effectively when disputes arise. It also gives an opportunity for the parties to maintain working relationships, which is consistent with the best interest of investors as well as local companies who seek to move forward with investment operations, which are extremely important for Iraq.

He explained that "Iraq, by signing the Singapore Convention, has clearly sent a signal about its commitment to developing the mediation infrastructure, and therefore this requires adopting legislation to enforce mediation operations that take place based on approvals issued by Iraqi courts and are applicable to the parties, as well as the list of countries joining this increasing convention, represented recently by the accession of the Kingdom of Saudi Arabia, Turkey, Jordan and Iran."

He continued: “After Iraq ratified the New York Convention 2021, we welcome the great efforts to adopt the mediation law and I believe that it will be launched soon,” noting that “the issue of ratification is very important and therefore the Iraqi government is providing evidence and an example of alignment and cooperation with international legal standards as well as through the adoption of these mechanisms for effective alternative dispute resolution, as they are very important for enhancing investment as well as economic development and stability.”

He pointed out that "Iraq has made great progress in the United Nations program as well as through international programs," stressing "the Iraqi government's continued support for this process link

KTFA

Wednesday Night Conference Call

FRANK26….6-26-24………DO NOT TOUCH !!!

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163 PIN: 156996#

https://www.youtube.com/watch?v=4kPYXjJLtKM

7 Things You Must Do When You Start Making 6 Figures

Heather Taylor Wed, June 26, 2024

Once your salary reaches $100,000, you need to take certain steps to ensure you keep building wealth and stay in good financial health.

There’s a chance you already might be making some of these money moves, even if you’re earning a little less. Make sure you start taking these actions as soon as you begin earning $100,000.

`1. Eliminate High-Interest Debt

Those who just started earning six-figure incomes will need to quickly pay off any high-interest debt. Think student loans, credit card balances or any other outstanding debt where the interest rate is extremely high.

Alissa Krasner Maizes, financial planner and founder of Amplify My Wealth, said eliminating this debt yields the quickest return on investment. Not sure where to begin? Krasner Maizes recommends automating monthly payments beyond the required minimum payment due.

Start with your highest-interest debt and, once you eliminate this debt, move on to paying off debt with the next highest amount of interest. Keep going until you have paid off all high-interest debt — and find yourself debt-free.

2. Maximize Retirement Contributions

Once you have cleared any outstanding debt, Krasner Maizes recommends maximizing your retirement contributions. Those earning a six-figure income should contribute the amount their employer matches for their retirement account.

“Ideally, maximize your contributions to tax-advantaged retirement accounts and consider the advantages of a Roth option as you will pay tax now,” Krasner Maizes said. “As long as you follow the necessary rules, you will not pay taxes on the growth or when you withdraw the money for retirement.”

3. Create a Holistic Financial Plan

When you start earning six figures, it’s a good idea to make sure you have a solid plan in place for your future. There are free financial tools you can use to help ensure your money is well-managed and invested.

A financial services company called Empower has free tools that let you check your net worth, plan your savings and retirement and do a checkup on your investments. It also offers professional wealth management and various investment products.

Its portfolio analyzer lets you assess your overall risk, analyze past performances and model individualized asset allocations. There’s also a free investment-return calculator that estimates how much money you can earn over time, based on the amount of money you invest and the expected rate of return.

If you’re trying to develop a long-term plan for your money, this is a good place to start. You’ll learn how much money you really have, how much you should be saving, make sure you’re properly invested and gauge where you’re at in your retirement-savings journey.

To Read More:

https://news.yahoo.com/news/finance/news/6-things-must-salary-reaches-130028760.html

Iraq Economic News and Points To ponder Wednesday Evening 6-26-24

Experts: The Path To Development Is The Beginning Of An Economic Partnership

Economical 06/26/2024 Baghdad: Shukran Al-Fatlawi Economic affairs specialists believe that the “development path” represents a qualitative shift in the Iraqi economy and the beginning of a new and important phase, which

qualifies it to be the main point of contact in the issues of trade linkage between the East and West, the Gulf and Europe, in addition to its

strategic and developmental importance and its role in

eliminating unemployment, reviving the labor market and

activating... The wheel of industry.

During the “Development Road” conference organized by Iraq last year,

which witnessed broad international participation that expressed its real desire to participate in the Iraqi strategic project, Prime Minister Muhammad Shia’ al-Sudani affirmed that the “Development Road,” which

extends from the far south of Iraq to Turkey, is an ambitious and thoughtful plan to change... The reality

is towards a solid economic structure, and that the project, with its work platforms,

added value to national and local products, and economic levers, is a

pillar of the sustainable non-oil economy, and a

link that serves Iraq’s neighbors and the region. He added that

Iraq will launch this promising project towards an economic partnership with neighboring countries and the region, which will make Iraq a source of modern industries and goods, and all of this will rely on multimodal corridors, more than 1,200 km of railways, their joint interoperability, and highways.

The Director General of the General Railway Company of the Ministry of Transport, Younis Al-Kaabi, confirmed in a press statement that

“the development road is proceeding at a confident pace, and that

the Supreme Committee discussed in its last meeting the latest developments in the project, as the percentage of railway designs exceeded 76% and the

highway reached approximately 68%, and soil and topographic surveys exceeded 90%.” He stressed that

"the project is receiving international attention, as all countries have a desire to be part, participate or support the project," noting that

"large, reputable international companies have expressed their willingness to work on the project, and this gives more reliability that the project is capable of success."

Economist Dr. Adnan Bahia pointed out in an interview with “Al-Sabah” that

the importance of Iraq lies in its geographical location, a direct link between the Arabian Gulf, Turkey, and then Europe, which qualifies it to be the main and important focal point in issues of commercial connectivity and transit, as well as trade.

He crossed the seas between East and West, thus placing him in the experience of international trade between East and West, the Gulf and Europe. He continued that

after China launched the “Belt and Road” initiative, dozens of countries joined the agreement that revives trade between East and West,

indicating that the “Belt and Road” initiative includes the maritime line represented by trade through ports in the Arabian Sea, the Arabian Gulf and other seas, in addition to land routes. spread in East Asia, then the Middle East towards Europe, expressing his regret that Iraq, for many ill-considered reasons, turned away from this path and did not join the Chinese initiative.

Bahiya considered Iraq’s establishment of an alternative road to the “Belt and Road Initiative,” which is the “development road,” an important initiative, as it links the Arabian Gulf on which it is currently located, and the large Al-Faw port, in which work has reached advanced stages, pointing to the completion of its first phase, which contains Five berths,

in addition to the berths of Umm Qasr Port, Khor Abdullah Port and Al-Zubair Port, all of which are ports that make the country distinguished by the ability to accommodate large ships and deliver goods from the sea to Al-Faw and then to Europe.

He noted the importance of having a new private road with a high capacity to contain large quantities of international trade and unload shipments from ships, and then send them overland to Europe through the “development road” that connects the port of Al-Faw and western Iraq towards the Fish Khabour area on the border between Iraq and Turkey. Close to the Syrian border, then entering Turkey and then to Europe.

For her part, the researcher in economic affairs, Suhad Al-Shammari, in an interview with Al-Sabah, described the “development path” as a qualitative shift in the Iraqi economy, and a new beginning for an important stage, as it brings together important regional partnerships that create common ground that protects interests and develops and maintains relations with neighboring countries.

Al-Shammari added that the development road plays a role in resolving problems and confronting conflicts, as

it is a comprehensive project that starts from the port of Al-Faw and passes through many Iraqi governorates, in addition to transporting passengers and goods more widely and in a shorter time and addresses many problems related to vital sectors in Iraq, stressing that

The strategic project represents Iraq's return to the global platform with a strong economy and expanded investment projects. https://alsabaah.iq/98526-.html

Integrated Projects

Economical 06/26/2024 Walid Khaled Al-Zaidi There is no disagreement about the utmost importance of the issue of integration in implementing development projects and the degree of interconnection between them so that the results are broader in scope, more useful, and of better quality, so that the quality and level of integration become comprehensive and not partial in the form of harmony and interaction in the process that reaches the point of strategic production so that its form has long-term results and is based on implementation.

Multiple projects, such as investing in oil and gas fields and linking them to petrochemical industry projects, and then going further to produce clean energy (for example).

As a matter of objectivity, it must be said that the integrated projects in the field of oil are the most prominent things that can be pushed to be the best examples of this issue,

because oil as a raw material is a necessary raw material for the production of other manufactured materials, as well as gas, some of which is associated with this crude during the extraction operations from The interior of the earth, whether at the level of wells or various fields, as the process of expansion of integration models in oil projects represents a prominent feature because it is a clear and multifaceted indicator of the ability of each country to adopt these projects for development, growth and economic advancement.

Several countries have presented pioneering models in benefiting from the expansion Its projects include extraction stages and then derivation of other materials, leading to the production of materials different from the originally extracted primary material.

Those who follow the situation in Iraq in the field of oil and other mineral resources see an abundance of possibilities for directing the Iraqi economy towards implementing projects with integrated stages, and although this matter requires advanced technology and accumulated experience that makes a difference in production and accommodates various projects,

but those in charge of the Iraqi economy in general and the oil field In particular, they realized the concept of integration in business management and the diversity of its production.

There is no doubt that the focus at the present time is moving towards expanding projects to take advantage of their advantages in product diversity and increasing its activity through additional stages, methods and other complementary processes that can be called project integration and

the addition of new products from The same raw material for what was produced before, which is what the government has currently directed to push towards implementing integrated work in the energy sector and providing means of export for manufactured products to include developing oil and gas fields and linking them to petrochemical projects, clean energy and other materials, and through activating the Al-Faw refinery project as its first stage.

The Al-Faw refinery project will provide means of exporting petroleum products, linked to the petrochemical industries project and a storage project, in addition to many projects that could be complementary and implemented by the Ministry of Oil in multiple regions of the country that have the elements for successful implementation in the governorates of Basra, Maysan, and Dhi Qar.

These projects and others will have a significant impact in achieving Qualitative development and renaissance in the reality of the oil industry and all industries related to it on a broad national scale, based on effective evaluation and productive exchange between the basic units inside Iraq,

in a way that can clearly work on a set of economic measures and transfers, creating close links for promising development, and operating a package of interconnected projects and successive production cycles. To benefit from resources and expand the framework of the benefits of the national economy.

https://alsabaah.iq/98527-.html

To read more current and reliable Iraqi news please visit :https://www.bondladyscorner.com/]

Provoking Thoughts and Points To Ponder On Adversity:

When I was very young, I tried selling used cars. It didn't last long. I guess that was my good luck too, that I didn't show more promise at it, or I might have been an automobile dealer.-King Vidor

Supporting myself at an early age was the best training for life I could have possibly received.-Lea Thompson

In my youth, poverty enriched me, but now I can afford wealth.-Marc Chagall

I'm very grateful that I was too poor to get to art school until I was 21. ... I was old enough when I got there to know how to get something out of it.-Henry Moore

The most valuable gift I ever received was ... the gift of insecurity ... my father left us. My mother's love might not have prepared me for life the way my father's departure did. He forced us out on the road, where we had to earn our bread.-Lillian Gish

http://famousquotesandauthors.com/topics/adversity_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.html

7 Things You Should Never Do in Retirement

Adam Palasciano Tue, June 25, 2024

Retirement: A magical time of life when you no longer (necessarily) have to work for your money. Instead, decades of hard work coupled with saving and smart investments should mean that your money now works for you.

Careful financial planning can certainly lead you to this outcome. However, there are several things you’ll want to street clear of to ensure that you don’t end up in financial trouble after you call it quits at work.

Here are seven things you’ll want to seriously avoid if you’re approaching retirement or you’re already retired, according to Ameriprise and Think Bank.

1. Retiring Too Early

Deciding to stop work too early can have long-term implications on how long your money will last you. If it’s clear that you don’t have enough money saved, consider working for a few more years to augment your retirement savings. As a general rule of thumb, it’s important to save at least 15% of your annual income toward retirement throughout your working life — or more, if you can.

2. Overspending

Many people find themselves on a reduced or fixed income in retirement. So, it’s really important to make sure you’re not overspending. Creating a clear budget can help you track where your money is being spent each month, ensure you’re not living above your means, and help you stay out of debt.

3. Taking Social Security Too Early

It’s possible to collect Social Security as early as age 62. However, you’ll only be eligible for a portion of your maximum monthly benefit by doing so. The longer you wait to collect Social Security, the larger your monthly payment will be for life. So, waiting longer can have huge long-term impacts on your cash flow and financial stability.

4. Underestimating Effects of Inflation

You won’t be immune to the effects of inflation just because you’re retired. It’s crucial to consider how even low levels of inflation ranging from 1-2% can erode your purchasing power. It’s best to consult a financial advisor to devise an investment strategy that mitigates the effects of inflation once you’ve stopped working.

5. Underestimating Medical Expenses

To Read More:

https://www.yahoo.com/finance/news/7-things-never-retirement-182405857.html

Mot: Men are just happier people......

What do you expect from such simple creatures?

Your last name stays put.

The garage is all yours.

Wedding plans take care of themselves.

Chocolate is just another snack.

You can never be pregnant.

You can wear a white T-shirt to a water park.

You can wear NO shirt to a water park.

Car mechanics tell you the truth.

The world is your urinal.

You never have to drive to another gas station restroom because this one is just too icky.

You don't have to stop and think of which way to turn a nut on a bolt.

Wrinkles add character.

Wedding dress $5000. Tux rental-$100.

People never stare at your chest when you're talking to them.

New shoes don't cut, blister, or mangle your feet.

One mood all the time.

Phone conversations are over in 30 seconds flat.

You know stuff about tanks.

A five-day vacation requires only one suitcase.

You can open all your own jars.

You get extra credit for the slightest act of thoughtfulness.

If someone forgets to invite you,

He or she can still be your friend.

Your underwear is $8.95 for a three-pack.

Three pairs of shoes are more than enough..

You almost never have strap problems in public.

You are unable to see wrinkles in your clothes..

Everything on your face stays its original color.

The same hairstyle lasts for years, maybe decades.

You only have to shave your face and neck.

You can play with toys all your life.

One wallet and one pair of shoes -- one color for all seasons.

You can wear shorts no matter how your legs look.

You can 'do' your nails with a pocket knife.

You have freedom of choice concerning growing a mustache.

You can do Christmas shopping for 25 relatives

On December 24 in 25 minutes.

No wonder men are happier.

NICKNAMES

· If Laura, Kate and Sarah go out for lunch, they will call each other Laura, Kate and Sarah.

· If Mike, Dave and John go out, they will affectionately refer to each other as Fat Boy, Bubba and Wildman .

EATING OUT

· When the bill arrives, Mike, Dave and John will each throw in $20, even though it's only for $32.50. None of them will have anything smaller and none will actually admit they want change back.

· When the girls get their bill, out come the pocket calculators.

MONEY

· A man will pay $2 for a $1 item he needs.

· A woman will pay $1 for a $2 item that she doesn't need but it's on sale.

BATHROOMS

· A man has six items in his bathroom: toothbrush and toothpaste, shaving cream, razor, a bar of soap, and a towel.

· The average number of items in the typical woman's bathroom is 337.

A man would not be able to identify more than 20 of these items.

ARGUMENTS

· A woman has the last word in any argument.

· Anything a man says after that is the beginning of a new argument

FUTURE

· A woman worries about the future until she gets a husband.

· A man never worries about the future until he gets a wife.

MARRIAGE

· A woman marries a man expecting he will change, but he doesn't.

· A man marries a woman expecting that she won't change, but she does.

DRESSING UP

· A woman will dress up to go shopping, water the plants, empty the trash, answer the phone, read a book, and get the mail.

· A man will dress up for weddings and funerals.

NATURAL

· Men wake up as good-looking as they went to bed.

· Women somehow deteriorate during the night.

OFFSPRING

· Ah, children. A woman knows all about her children. She knows about dentist appointments and romances, best friends, favorite foods, secret fears and hopes and dreams.

· A man is vaguely aware of some short people living in the house.

THOUGHT FOR THE DAY

A married man should forget his mistakes. There's no use in two people remembering the same thing!

SO, send this to the women who have a sense of humor and can handle it .... and to the men who will enjoy reading it

**********.

Mot ..... everyday -- its Amazing -- Everyday !!!!!