Dinar Recaps Blog Page — Dinar Recaps (2024)

Good Evening Dinar Recaps,

Essentially, this revelation reinforces the idea that Ripple is not just working in isolation but is actively engaging with major global financial institutions like the IMF.

Such collaborations could pave the way for Ripple to play a more central role in future financial systems, particularly in regions where digital innovation and financial modernization are priorities.

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Listen and learn from this man. He has facts and shares with us as we all wait. Share with others!

August 21, 2024 12:00 Central Noon, 1 pm ET

Listen Here - Podcast Roomhttps://t.me/+VAm-AlWWqWPzyK8G

Replays - YouTubeCurrency Facts - YouTube

Directly from Isaac when ask for a bio

“But understand I do not have contacts.Isaac

"I have buyers the us treasury , DOD , Admiral , HSBC several big platforms that I have signed contracts with all and they paid already for the inspection several times"Isaac

See photos of Isaacs bonds here:

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MP Mustafa Sand: The Government Failed To Control The Dollar File

Buratha News Agency 2024-08-20 Member of the Parliamentary Finance Committee, Mustafa Sand, considered that the government and the Central Bank failed to control the exchange rate of the dollar against the Iraqi dinar.

Sand said in a press statement that "the government did not succeed in controlling the dollar exchange rate due to the policies of the US Federal Reserve, noting that the Iraqi side's discussions with the American side did not achieve any positive results except for a protocol meeting with Biden that did not exceed 20 minutes only." He pointed out that "there is American guardianship to bring in the Jordan National Bank and its acquisition of hard currency."

https://burathanews.com/arabic/economic/449933

Foreign Remittance Sales At The Central Bank Of Iraq Auction Increased By Nearly 100%

Time: 2024/08/20 Reading: 741 times {Economic: Al Furat News} Foreign remittance sales rose in the Central Bank auction on Tuesday by 99% over cash sales, reaching more than $264 million.

The bank sold in its auction today 268 million, 304 thousand and 25 dollars, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, at a rate of 1310 dinars per dollar for foreign transfers, and at a rate of 1305 dinars per dollar in cash.

Most of the dollar sales went to boost balances abroad in the form of transfers and credits, which amounted to $264,954,025, up 99% from cash sales of $3,350,000.

The number of banks that purchased cash dollars was one bank, while the number of banks that met requests to enhance balances abroad was 15 banks, and the total number of exchange companies participating in the auction was 6 companies. LINK

Government Advisor: Al-Alaq's Upcoming Visit To New York Will Support The Protection And Stability Of The Banking System

Economy |08/19/2024 Government Advisor: Al-Alaq's upcoming visit to New York will support the protection and stability of the banking system https://www.mawazin.net/Details.aspx?jimare=253602

Reuters: BP's Deal With Iraq Will Be Based On Profit-Sharing Model

Energy Economy News – Baghdad An agreement with BP to develop oil and gas fields in Kirkuk will be based on a profit-sharing model, and a final deal is expected by the end of this year, two oil ministry officials told Reuters.

Iraq and BP signed a preliminary agreement this month to develop four oil and gas fields in the Kirkuk region of northern Iraq, an area where BP estimates about nine billion barrels of oil could be extracted.

The two officials said the ministry and BP, which is returning to the region after an absence of about five years, are expected to sign an agreement, the terms of which will not be disclosed, this week under which Iraq will hand over a data package for the four Kirkuk fields and their facilities.

The two officials spoke on condition of anonymity because they were not authorized to speak to the press. BP has not yet responded to a request for comment.

BP withdrew from the area in late 2019 after a service contract signed in 2013 expired without reaching an agreement to expand the field. 08/20/2024 https://economy-news.net/content.php?id=46541

Oil Falls To $77.54 Per Barrel

economy | 07:32 - 08/20/2024 Mawazine News – Baghdad Oil prices fell on Tuesday (August 20, 2024) after Israel accepted a proposal to narrow differences holding up a Gaza ceasefire, helping ease concerns about supply disruptions in the Middle East.

Brent crude futures fell 12 cents, or $2.02, or 0.15 percent, to $77.54.

U.S. West Texas Intermediate (WTI) crude futures for the front month, which expire on Tuesday, were at $74.23 a barrel, down 14 cents, or 0.2 percent.

The more actively traded second-month contract was down 15 cents, or 0.2 percent, at $73.52.

Brent fell about 2.5 percent on Monday, while WTI fell 3 percent.

U.S. Secretary of State Antony Blinken said on Tuesday that Israeli Prime Minister Benjamin Netanyahu had accepted a “rough proposal” from Washington to address differences holding up a Gaza ceasefire, and urged Hamas to accept it as well.

But there is little sign of the war abating or of fears of its spread easing, with Hamas announcing a resumption of suicide bombings inside Israel after many years, claiming responsibility for an explosion in Tel Aviv on Sunday night, and medics saying Israeli military strikes killed at least 30 Palestinians in the Gaza Strip on Monday.

Supply concerns have also been eased by a rise in output from Libya’s Sharara oilfield to around 85,000 barrels per day (bpd) in a move to supply the Zawiya oil refinery, two engineers working at the field told Reuters on Monday.

Libya’s National Oil Corporation declared force majeure on oil exports from the field on August 7 after a blockade by protesters slashed output from the field, which normally stands at 300,000 bpd.

On the demand side, concerns about China’s economic troubles have also weighed on oil prices. After a bleak second quarter, the world’s second-largest economy lost further momentum in July as new home prices fell at the fastest pace in nine years, industrial output slowed, export and investment growth declined and unemployment rose.

Meanwhile, investors are also awaiting a signal on the Federal Reserve’s plans for its next interest rate decision.

The bank will cut rates by 25 basis points at each of its three remaining meetings in 2024, a bigger cut than expected last month. Fed

Chairman Jerome Powell will speak at Jackson Hole on Friday and investors assume he will make a case for a rate cut.

Lower interest rates lower borrowing costs and could boost oil demand in the world’s biggest oil consumer. https://www.mawazin.net/Details.aspx?jimare=253604

Start Of The Trial Operation Of The Investment Iron And Steel Plant In Basra With A Capacity Of 350 Thousand Tons Annually

Tuesday 20 August 2024 | Economic Number of readings: 117 Basra / NINA / The Chairman of the Basra Investment Commission, Eng. Alaa Abdul Hussein Salman, announced the start of the experimental operation of a new investment iron and steel factory with a production capacity of 350 thousand tons annually, which will contribute to meeting the needs of the governorate and neighboring governorates for iron.

He said in a statement, "The cost of establishing the project in its first phase amounted to $ 54 million on an area of ​​160 acres. The equipment was imported from Italy and America to include six furnaces and a rolling unit.

He pointed out that the Ukrainian-Russian crisis has greatly affected the import of iron to Iraq, highlighting the importance of the project in reducing dependence on imports.

In turn, Engineer Yasser Al-Abdeli, Director of the Factory, explained that the construction of the project began in 2021, with the attraction of companies with a global reputation in the iron and steel industry, adding that the factory will produce reinforcing steel in sizes ranging from 10 mm to 32 mm, with plans to add new production lines for screws and nails in the future.

Basra Governorate has recently witnessed the opening of a group of factories that are expected to contribute to achieving economic stability, providing new job opportunities and supporting economic development in the region. https://ninanews.com/Website/News/Details?key=1148803

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

IOU YOU: "Value in Gold, Fraud in Fiat" | Mike Maloney LIVE | Rebel Capitalist Part 2

In this eye-opening video, Mike Maloney delves into the dark truths of the global monetary system under fiat currency.

Discover how the current system is built on IOUs that sell off your future labor, creating a cycle of debt and economic enslavement.

Learn the stark differences between real money under the gold standard and the modern-day fiat currency that is created out of thin air.

We uncover the fraud behind bank credit creation and how this system devalues your hard-earned money, robbing you and future generations of wealth and freedom.

If you're ready to challenge everything you thought you knew about money, this is a must-watch!

Part 1: https://www.youtube.com/watch?v=vPsmkMmraAs&t=136s

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

Global Crash Ahead?| China & the US Establish Joint Anti-Financial Crisis Group in a Surprise Move

Lena Petrova: 6-20-2024

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

Something BIG IS ABOUT TO HAPPEN... AND ITS EFFECT IS GOING TO BE EXTREME.

Greg Mannarino: 8-20-2024

https://www.youtube.com/watch?v=4Pw2ailQE5A

Tuesday Evening News With Zester

Some highlights by PDK-Not verbatim

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

Member: Hi Mark, Zester, Mods and fellow sojourners.

Member: Greetings Zester...thanks for being here for us!

Zester: Lets start with an update on how pops (MarkZ) is feeling. He is feeling particularly well. Todays treatments were not fun…but they were not debilitating. He did not require anesthesia or numbing. Just a bunch of IV drips. He still has soreness from yesterday but ultimately he is quite chipper at the moment.

Zester: He is looking forward to be back in Puerto Rico late tomorrow night. H should be back in the saddle for us all on Thursday.

Zester. Now for RV related news. There is one bond contact who has not gotten back to us yet….only one bond contact updated us but he was told the last roadblock has cleared today. There will be a group call tomorrow with the payment schedule. They fully expect to start this week.

Zester: There are also tons of rumors that some of the large groups are starting the exchange process this week. My Admirals group contact says they are hopeful…but have no update as of yet. Please handle this update with care as the news has been all over the place today. That update was from pops.

Zester: There is a lot of misinformation floating around.. so he is only sticking with people he personally knows right now. We are expecting another update….but that contact has not checked in yet.

Zester : So not a nothing burger….just a little skimpy on the cheese.

Zester: Tomorrow Andy Schectman will be joining us for the morning podcast…

Member: Thanks so much Zester for filling in for Mark….We all appreciate you…..everyone have a good night.

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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

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

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Youtube: https://www.youtube.com/watch?v=mcOZs1XKhyY

Good Afternoon Dinar Recaps,

Source:FinExtra

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Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service:

“Today, we cannot run away from cryptocurrency. But as we are here today, there is no law anywhere in Nigeria that regulates cryptocurrency. But it is the new thing that is happening, and we cannot run away from them.”

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Time is NOON CST

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4 Things You Should Never Put in a Living Trust

Paige Cerulli Sun, Aug 18, 2024 GOBankingRates

I’m an Estate Planner: 4 Things You Should Never Put in a Living Trust

A living trust can be a helpful estate planning tool, and it can help manage assets including your personal home, bank accounts, and investment accounts. But there are certain assets that you should never put in a living trust, or you could face tax implications, difficulty accessing funds you need, and other complications.

If you’re exploring creating a living trust, then it’s important to understand how it works and which assets it’s not the right option for.

How a Living Trust Works

Probate, which is the process of transferring your assets after you’ve died, can be time-consuming and expensive. Kelsey Simasko — attorney at Simasko Law in Mount Clements, Michigan — explained that you can use a living trust to help avoid your assets going through probate court. Living trusts may also help prevent family fighting.

“A living trust is essentially just a bucket that says, ‘I (the principal) am creating a bucket and I am in charge of everything in this bucket, and when I die, child A (the trustee) will be in charge of the bucket, and it’s their job to give $10,000 to the church and then split everything equally between my other three children (the beneficiaries),'” said Simasko.

In the above example, when the principal dies, child A will be responsible for selling the house and wrapping up the principal’s affairs, rather than those assets going through the probate process. Simasko explained that a trust offers the benefit of putting protections in place for the other beneficiaries if the trustee sells the house for less than the fair market value, or misuse the money. At the same time, the trustee doesn’t face the challenge of having to get everyone’s approval to do everything.

Cynthia Brittain — partner at Karlin & Peebles, LLP in Los Angeles — explained that a living trust also has important tax and protection benefits. “A trust document can be drafted to incorporate U.S. income and estate tax provisions that are highly beneficial,” she said. “The trust can be drafted such that the trust will shield assets from U.S. estate tax going forward.”

She noted that a trust also provides asset protection at some level on an ongoing basis, and gives the family more privacy than the probate process would.

Things To Never Put in a Living Trust

TO READ MORE: https://finance.yahoo.com/news/m-estate-planner-4-things-150129110.html

DJ: DID YOU KNOW?

It has long been understood that the end game for the GCR is to create equality in global trade. While it sounds good, is it practical? The foundation of our financial systems can shape the future of global trade in ways both expected and unforeseen. The concept of asset-backed currencies—a system where money is directly linked to tangible resources like gold, oil, or other valuable commodities can be debated.

Should the world’s currencies return to being anchored by real assets (GCR), the landscape of global trade would undergo significant transformation, altering everything from international relations to economic stability.

First of all, an asset-backed currency system would impose a new layer of discipline on nations’ monetary policies. Unlike the current fiat currency system, where money can be printed based on economic needs or political agendas, an asset-backed system requires that every unit of currency corresponds to a tangible asset.

This constraint would likely reduce the ability of countries to engage in inflationary practices, leading to more stable global prices. But for trade, this stability could be a double-edged sword. On one hand, reduced currency volatility would lower the risks associated with exchange rates, encouraging more predictable and fairer trade agreements. On the other hand, countries with fewer natural resources or valuable assets could find themselves at a disadvantage, struggling to participate equally in global commerce.

The redistribution of economic power would be another inevitable consequence. Countries rich in valuable resources—such as gold, oil, or rare earth metals—would gain significant influence. These nations would see their currencies strengthened, granting them greater leverage in international trade negotiations.

On the other hand, countries without substantial assets would face the prospect of economic marginalization. (In the context of countries, economic marginalization occurs when nations are unable to compete effectively in the global economy). This could lead to a new era of economic imperialism, where wealthy nations exert more control over poorer ones, not through military might, but through financial superiority.

International trade imbalances would have to be scrutinized more closely. In the current fiat system, countries with trade deficits can borrow money or print more currency to cover the gap. However, in an asset-backed system, this option would be severely restricted.

Nations with persistent trade deficits would have to pay with real assets, potentially depleting their reserves. This could force a radical shift in trade policies, encouraging countries to become more self-sufficient and less reliant on imports, which could, in turn, slow the pace of globalization.

Another significant impact would be the revaluation of global commodities. With currencies tied to physical assets, the demand for these commodities would increase, driving up their prices.

This could trigger a resource race, where countries hoard or aggressively acquire assets to back their currencies. The environmental and geopolitical ramifications could be huge, as nations scramble to secure dwindling resources, possibly leading to conflicts or attempts to increase borders to secure natural resources.

For businesses, an asset-backed currency system would create both challenges and opportunities. On one hand, the stability of asset-backed currencies would reduce risks associated with currency fluctuations, making long-term contracts more predictable. On the other hand, the costs associated with securing and verifying the assets backing each currency could introduce new complexities and expenses into international transactions.

While the idea of returning to an asset-backed currency system might seem like a path to greater economic stability, it would also bring about drastic changes in global trade dynamics. The benefits of reduced currency volatility and inflation control has too be weighed against the potential for increased economic inequality, resource conflicts, and a shift away from global cooperation.

We may not choose to admit it, overall, global trade shapes daily life by determining what individuals can buy, how much they pay, and the job opportunities available to them.

In this race to achieve a GCR, we might want to consider just finishing the race, not how we get there the fastest. The world has old knees, it’s probably a good idea to slow down and walk to the finish line.

There must be something else going on that we just can't see.

DJ

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=245106

TNT:

Tishwash: "Iraq's bank reserves are excellent".. Parliament: We have sufficient resources to cover any financial crisis regarding salaries - Urgent

The Finance Committee of the House of Representatives confirmed, on Tuesday, that there are sufficient resources to cover any potential shortage in salaries.

Committee member Jamal Kojer said, according to the official newspaper, that "financial matters are under control and the government is fully committed to securing employees' salaries on time without any delay."

He pointed out that "the statements of the Minister of Finance and the Governor of the Central Bank confirm that salaries are fully secured this year, and that there is no fear in this regard." link

Tishwash: Deputy: The coming months will witness the announcement of the international coalition's exit from Iraq

The representative of the coordination framework, Abdul Amir Al-Mayahi, confirmed on Tuesday that the next few months will witness the official announcement of scheduling the withdrawal of the so-called international coalition from Iraqi territory, pointing out that there is seriousness on the part of the government to resolve this issue and make Iraq free of foreign military presence.

Al-Mayahi told Al-Maalouma Agency, “There are negotiating committees that have reached their final stages regarding scheduling the removal of all foreign forces, or the so-called international coalition, from the military bases within which they are located.”

He added, "The government is serious about scheduling the exit of the aforementioned forces, but the current conditions in the region prevented the announcement of this schedule after it was scheduled to be announced to ensure the exit of the forces from Iraq."

He stated, "The next few months will witness the announcement of scheduling the international coalition's exit from Iraq, through the negotiating committees formed between the two sides, thus ending the foreign military presence inside Iraq." link

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

Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh on TV talking about the possibility of using the dinar instead of the dollar on oil sales. He's talking about how and why... FRANK: Sudani is now sending people on a daily basis out to talk to you...If it's not Saleh talking to you about the monetary reform, it's Alaq reminding you you're going to get purchasing power...Then it's himself that comes out and tell you the project to lift the three zeros is still on the table, we're going to give you purchasing power like we promised you this year...Your purchasing power is coming.

Militia Man Article quote: "Central Bank's inability to meet the needs of Iraq dinars which may force an increase in issued monetary mass." They didn't say dollars, they said the need for dinar. Why would they need to have dinar? Remember...they've been bringing in 25k notes because...they're doing electronic. All that money that comes in gets credited on cards. They've been absorbing cash... What were they doing in the background? They were destroying money...They didn't tell you how much money they destroyed...But they're saying they're having a problem with liquidity...a problem...to meet the need for Iraq dinar...They're going to need money to be replaced. Could that be the new small category notes with more value? ...Why in the world would you go out and destroy a bunch of money... make it into pellets for burning, when you're going to go and create new 25k notes. Does that make any sense to anybody? Do you think they built that big, huge massive building...to have more inflation and a cheaper exchange rate less that 1310? That's what they would be doing...That doesn't make any sense whatsoever.

Travel to new york alaq iqd # iraq

Nader: 8-20-2024

https://www.youtube.com/watch?v=zWGsw8JTdKI

WARNING: Banks Are Preparing for an Imminent Banking Crisis as Property Foreclosures Soar

Lena Petrova: 8-19-2024

https://www.youtube.com/watch?v=K5L_8P9AQJA&t=8s

TNT:

Tishwash: This is NOT the WTO

Trade discusses the mechanism for Iraq's accession to the World Trade Points Federation

The meeting also discussed the issue of transforming the electronic trade systems currently operating within the international arena in order to raise the export level of the Iraqi private sector and introduce the outside world to the comparative advantage of Iraqi industries.

The union includes more than 74 countries in its membership, including 6 Arab countries.link

Tishwash: Government Advisor: Al-Alaq's upcoming visit to New York will support the protection and stability of the banking system

The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Saleh, confirmed on Saturday that the upcoming visit of the Governor of the Central Bank, Ali Al-Alaq, to ​​New York will support the protection and stability of the banking system, while he pointed out that the file of the sanctioned banks requires negotiation due to the possibility of an error or exaggeration in issuing the decision to sanction them.

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Tishwash: Economist identifies weaknesses in banking system: 80% of money supply in citizens’ homes – Urgent

Financial and economic affairs expert Alaa Jaloub Al-Fahd revealed today, Sunday (August 18, 2024), a weakness in the Iraqi banking system, while confirming the presence of 80% of the cash mass in citizens’ homes.

Al-Fahd told Baghdad Today, "The amount of cash liquidity pumped into the local market is estimated at the size of annual government spending, and this includes salaries, wages, and others. It constitutes a large percentage and is considered the citizen's purchasing power."

He added that "the rise in income levels after 2003, due to the increase in salaries, led to an increase in purchasing power, and this led to an increase in the level of demand for real estate and other things," indicating that "the rise in real estate prices has nothing to do with the issue of the increase in the citizen's cash liquidity or not, because this increase is dependent on the issue of supply and demand."

Al-Fahd explained that "any increase or decrease in the volume of liquidity is estimated by the size of real spending and the size of savings, considering that the citizen's income is divided between consumption and savings, and the higher the savings rate, the more it is supposed to be exploited economically through investment."

He pointed out that "there is a weakness in the banking system's ability to absorb all the cash available to citizens, as most of this cash is inside homes, far from banks," noting that "the amount of cash available to citizens in homes is estimated at more than 80% of the issued cash mass, and this constitutes a weakness in the banking system, in withdrawing that mass and investing it."

It is noteworthy that financial expert Saleh Al-Masrafi confirmed on Tuesday (August 6, 2024) that Iraq is among the highest countries in the Middle East in the file of hoarding money, while he diagnosed a grave error in the Iraqi banking system.

The banker said in an interview with Baghdad Today, "The accumulations that have continued for many years have pushed citizens to lose confidence in banks and resort to hoarding money in their homes," indicating that "its percentage reaches 70% of financial liquidity, and these are large numbers that indicate that we are among the highest countries in the Middle East in hoarding money."

He added that "hoarding money in the financial concept is a grave mistake that will confuse the financial process and reduce the government's ability to provide liquidity to pay salaries," explaining that "resorting to electronic payment is a step in the right direction, but the most important thing is withdrawing liquidity, and there are several ways."

The banker pointed out that "the recent issuance of treasury bonds is a correct decision, but the media propaganda to create a culture of safe investment in the street is very weak, and this is what creates low rates of dealing with them, even though the interest rates are attractive."

He stressed the "necessity of seeking to expand the circle of withdrawing liquidity from homes and creating a movement of money that contributes to increasing the recovery of investment and granting government loans, especially with the presence of requests that exceed by 5 times the amount of money allocated for loans in any sector, especially housing." link

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Tishwash: It can revive the Iraqi budget.. $14 billion in “losses” due to the halt of Kurdistan’s oil exports

Oil consultant and expert, Govind Shirwani, revealed today, Monday (August 19, 2024), that the losses from stopping the export of oil from the Kurdistan Region exceeded $14 billion after a year and a half of cessation.

In an interview with Baghdad Today, Sherwani said, “The losses of not exporting the Kurdistan Region’s oil through the Turkish port of Ceyhan exceeded 14 billion dollars, and this is a very large number, and it could have revived the Iraqi budget, which suffers from a lack of liquidity.”

He added, "There are meetings between the Iraqi Ministry of Oil, the Ministry of Natural Resources in the region, and some representatives of foreign companies, but so far there have been no positive indications indicating the resumption of oil exports, but the participation of the three parties in itself is good progress."

Turkey had earlier halted Iraq's exports of 450,000 barrels per day via the oil pipeline that runs from the Kurdistan Region in northern Iraq to the Turkish port of Ceyhan on March 25, 2023.

Turkey's decision to suspend exports came after an arbitration ruling by the International Chamber of Commerce ordered Turkey to pay Baghdad $1.5 billion in compensation for damages caused by the Kurdistan Regional Government exporting oil without permission from the government in Baghdad between 2014 and 2018.

Attempts to restart the pipeline have been delayed by Turkey's presidential election last month and discussions between the Iraqi government's state oil marketing company SOMO and the Kurdistan Regional Government over an export deal that has now been reached.

Among the issues to be resolved is whether Turkey will seek to negotiate the size of the compensation ordered by the International Chamber of Commerce, sources told Reuters earlier.

It also wants outstanding issues in other open arbitration cases to be permanently resolved before it agrees to resume flows, the sources said.

The Kurdistan region is suffering from a cash shortage due to the pipeline shutdown, and Iraqi politicians and Kurdish lawmakers said the region had no choice but to approve the budget, from which it would receive 12.67 percent of the total 198.9 trillion dinars ($153 billion).

The loss in revenue for the Kurdistan Regional Government due to the 80-day oil shutdown amounts to more than $2 billion, according to Reuters calculations based on exports of 375,000 barrels per day, in addition to the historical discount the KRG offers relative to the price of Brent crude.

The pipeline also exported about 75,000 barrels per day of federal crude link

PDK Note: I only transcribe RV/Financial news and intel. Not political opinions or most guests on this podcast. If a podcast is mostly political…I may not post at all. Thank you

Coffee with Zester

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

Member: Happy Tuesday ….we are still here!!!

Member: Even the darkest night will end, and the sun will rise.

Member: This looks like it could be a very exciting week ahead.

Zester: Email was blowing up with well wishes for pops (MarkZ) . He is feeling much better this morning. He is still a bit sore from all the needles and all the poking….(Mark is having stem cell treatments to try to arrest the progress of muscular disease)

Zester He was very tired from all the anesthesia…..but otherwise he optimistic and feeling great. And ready for more treatments today. We are happy his body is not having any negative reactions.

Member: It’s a long process that takes time. It will get better day by day for the next year.

Zester: I do have an update directly from pops this morning. I will read off what he sent.

Zester: From MarkZ: Thank you all for the prayers and well wishes. Yesterday was tough but went well. Today should be much easier on me. I am hearing a lot of hopeful bond talk for later today. (There is supposed to be a large announcement come out sometime around midday in regards to bonds) I also have multiple reports that currencies are not paying out yet. But, more confirmations on farm claims which is very important. Farm claims kick off the fines and penalties….so that is a clear indicator that things are happening. Look past the crazy optics and focus on what we can see. A prayer or two won’t hurt either.

Zester: So we have been hearing –in regards to farm claims that people have actually been getting paid. This is a expected part of the process. Currency is not currently being paid out….and we should have something to talk about in regards to bonds this evening.

Zester: In regards to the farm claims- this information is coming from someone on the ground in Reno.

Zester : If I hear something really big – and it comes out at a weird time – we will post on all our different channels to be sure you get this information. Look for it on X And I will jump in for a quick video.

Member: what are farm claims

Member: Mark has posted this before: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y

Member: Zester- What is your take on XRP partnering with the IMF? Could this be a breakout moment?

Zester: I do think its very interesting to see ripple as a company has been positioning itself in regards to central banks. A lot of different 3 and 4 letter agencies on international and national levels for building a central bank digital currency platform for countries and banks……I suspect the thing that the IMF is interested in is the research and development and technology that ripple has done for central bank digital currencies.

Member: I thought we did not want a CBDC….its the bad guys thing to control the world?

Member: Unless the Treasury has one that is gold/asset backed….you are right.

Member: Anyone else losing confidence in this? How are you all keeping it together? Any tricks?

Member: The system will crash…….the big question is…..will the cabal and the Great reset win….or will the QFS and the world win???? That’s my fear.

Member: Celebrate the wins, mourn the losses. Sometimes the most heroic thing we can do is not give up.

Member: It will happen “Suddenly” and after all of the misinformation everywhere…..we probably will have a hard time believing it…lol

Member: Zester…you and the mods are doing an outstanding job for Mark. Praying Mark gets lots of help from the new TCells.

​​Mod: KEEPING MARK IN PRAYER THIS MORNING! MAY GOD GIVE HIM STRENGHT AND HEAL HIM.

Member: Prayers for everyone here no matter what you are going through may God be with you and help, and uphold you.

Zester's ID protection and Insurance Zoom Time: Aug 24, 2024 01:00 PM Eastern Time (US and Canada) Link - https://us06web.zoom.us/j/84979944678...#success

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

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

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

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Good Morning Dinar Recaps,

▪️US agencies aim to treat cryptocurrencies as traditional money for reporting purposes.
▪️Final rulemaking on crypto as money expected by September 2025.

On August 7, the DOJ asked the United States Sentencing Commission to update its guidelines to provide additional penalties for crimes committed with the aid of AI.

Source:CryptoBriefingandFederal Register

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