Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20
Banks Are Closing Branches Faster Than EVER!
Atlantis Report: 8-12-2024
The banking industry has changed significantly in recent years, affecting how we interact with financial institutions.
The familiar sight of bank branches in cities and suburban areas is quickly disappearing. Major banks like Wells Fargo, Bank of America, and JP Morgan Chase are closing their physical locations at an unprecedented rate.
This leaves many customers bewildered and concerned about the future of banking.
Banks Are Closing Branches Faster Than EVER!
Atlantis Report: 8-12-2024
The banking industry has changed significantly in recent years, affecting how we interact with financial institutions.
The familiar sight of bank branches in cities and suburban areas is quickly disappearing. Major banks like Wells Fargo, Bank of America, and JP Morgan Chase are closing their physical locations at an unprecedented rate.
This leaves many customers bewildered and concerned about the future of banking.
Major banks like Wells Fargo, Bank of America, and Chase have all announced significant closures. For instance, Wells Fargo recently closed 30 branches in just one week, contributing to the growing concern among customers who rely on these physical locations.
LIVE! The US ECONOMIC MELTDOWN IS WORSENING MUCH FASTER THAN WE THOUGHT.
Greg Mannarino: 8-12-2024
UK Economy Declared “Broke & Broken” As Russian Airspace Ban Hits British Airlines Hard
Sean Foo: 8-13-2024
In a shocking admission, the new Labour government itself has declared the UK is broke and broken. This shows how dire the situation is and we must understand the difficult balancing act the UK is in.
We must also talk about the Russian airspace ban and how sanctions on Russia has backfired on British airline giants.
Timestamps & Chapters:
0:00 UK Financially Broke & Broken
2:40 Britain's Big Debt Trap
5:15 Escaping Economic Stagnation
8:04 Painful Russian Airspace Ban
10:51 No BREXIT Reversal
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Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20
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. 08/13/2024
Member: Happy Tuesday! All is good! Our time of God’s blessing is about to shine!!
Member: Good morning MarkZ, Mods and everyone!
Member: Good morning, one and all. Another day of "hoping this is it!" Someday, it WILL be IT!
Member: Any great RV news today Mark?????
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. 08/13/2024
Member: Happy Tuesday! All is good! Our time of God’s blessing is about to shine!!
Member: Good morning MarkZ, Mods and everyone!
Member: Good morning, one and all. Another day of "hoping this is it!" Someday, it WILL be IT!
Member: Any great RV news today Mark?????
MZ: Well this is the craziest thing…..the CBI have started sending out procedures and instructions on how to handle exchanges to banks……. Isn’t that neat?
MZ: It is clear to me that they are preparing. You can go to the CBI and read it yourselves. Right now it’s only in Arabic but you should be able to read it in English later today.
Member: You sure can’t make this stuff up. What a time to be alive to witness history.
MZ: A bond person this morning said they are still expecting funds today. Also had a bond processor in a different area (a different continent) is still being told to expect their fees ect and payment this afternoon.
MZ: I am very hopeful we will see real bond money movement today. I am antsy and excited after one confirmation today and one last night from another source.
Member: Hearing Iraq will be in the WTO on Aug 18th?
MZ: Quite a few people believe that. And quite a few people looking between the 18th and the 21st or so for some changes in values…..The chatter has been awesome.
Member: Any news of farm claims being paid?
MZ: IMO we saw it start to move with the Pickford(sp?) farm claims for black farmers. I am also hearing good things on the fines and penalties could go at any moment. I feel warm and fuzzy that things are indeed moving.
Member: Rumor has it that all debts will be cleared by the end of this month... that's what I'm hearing.
MZ: Yes that is very much making all the intel circuits right now.
Member: commenting on debt forgiveness, Jennifer (Jentel) has often said August 23rd God wins
Member: Nesara/Gesara will help everyone in the world….they just need to let it go.
Member: How soon after the RV will credit card debt disappear?
MZ: Mr. C believes it will be immediate. Possibly the same day or same moment.
MZ “3 Billion people exposed in massive unreported data theft”
Member: Everyone needs to contact the credit places and have them freeze your credit. You can unfreeze it if you need to purchase anything where a credit check is needed
Member: What happens if it's Go Time and you can't get on line to give us The Instructions or 800 numbers??? I guess we just rush the Banks???? LoL
Member: Mark Always said the internet will not totally go down…just social media
MZ: We will be able to get information out. .
MZ: It is questionable tonight if we will be here…..they are shutting the entire island of Puerto Rico’s power grid down this afternoon…in anticipation of the storm and flooding. Tomorrow ‘s podcast is also up in the air.
Zester : with Starlink and a generator…..we may be here tonight. We will see.
Member: Be safe tonight Mark and Zester…..
Member: Big things are coming - I can feel it!
Zester joins the stream today to discuss crypto and cyber security . Please listen to the replay for his information and opinions.
YOU CAN FOLLOWER ZESTER ON MONDAYS, WEDNESDAYS, AND FRIDAY AT 5:00 PM! ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20
TNT: Tishwash: 500 electronic payment cards used to transfer money outside Iraq were seized and their holders were arrested in Baghdad
The Intelligence Agency announced the seizure of 500 electronic payment cards used to transfer money outside Iraq and the arrest of their holders in Baghdad.
The agency stated in a statement received by (Today News), that "its detachments specialized in combating organized crime in Baghdad/Karkh monitored information indicating the existence of an illegal network that transfers money outside Iraq through electronic payment cards."
TNT:
Tishwash: 500 electronic payment cards used to transfer money outside Iraq were seized and their holders were arrested in Baghdad
The Intelligence Agency announced the seizure of 500 electronic payment cards used to transfer money outside Iraq and the arrest of their holders in Baghdad.
The agency stated in a statement received by (Today News), that "its detachments specialized in combating organized crime in Baghdad/Karkh monitored information indicating the existence of an illegal network that transfers money outside Iraq through electronic payment cards."
It added, "Immediately, an intelligence team was formed and the locations of the accused were identified, where the place was raided and the accused, numbering (6), were arrested with (500) electronic payment cards in their possession that they use to transfer money outside Iraq illegally."
It indicated that "a light weapon (2 pistols and 2 rifles) and other materials used in transferring money were seized."
It continued, "This operation came after obtaining the necessary judicial approvals, and the accused were referred to the competent investigative authorities to receive their just punishment." link
Nearly 200 billion dinars in "fines" from the Central Bank of Iraq on banks and exchange companies
The Central Bank of Iraq announced on Tuesday that fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 181 billion Iraqi dinars during the past six months.
A table of the bank, which Shafaq News Agency has reviewed, showed that "the fines imposed on banks and financial companies during the past six months, starting from January until the end of last June, amounted to 181 billion, 842 million, 854 thousand, and 458 dinars," indicating that "the fines also included 151 administrative penalties for these banks and non-banking institutions, distributed between warnings, alerts, and grace periods."
The table showed that "January witnessed the highest fines on banks and non-financial institutions, as these fines reached 98 billion, 277 million, 722 thousand, and 62 dinars, with 17 administrative penalties, while June witnessed the lowest fines, reaching 2 billion, 829 million, 157 thousand, and 288 dinars, with 30 administrative penalties."
The table did not show the names of the banks that were fined and subjected to administrative penalties.
The Iraqi Stock Exchange Investors Association had criticized the Central Bank of Iraq’s increase in fines on banks, noting that it would affect the profitability of investors in the shares of these banks. link
************
Washington orders the acceleration of the arrival of one of its aircraft carriers in the Middle East
Erbil (Kurdistan 24)- US Defense Secretary Lloyd Austin has ordered the aircraft carrier USS Abraham Lincoln to "expedite its arrival" to the Middle East, the Pentagon announced on Sunday, as military escalation threatens the entire region amid the war between Israel and Hamas in the Gaza Strip.
Pentagon spokesman Pat Ryder said Austin had ordered the fleet, led by the USS Abraham Lincoln and including F-35C fighter jets, to move more quickly, in the face of the threat of a large-scale attack by the Lebanese Hezbollah, backed by Tehran, or by Iran itself against Israel.
Ryder added that Austin held a conversation with his Israeli counterpart, Yoav Galant, on Sunday, and also ordered the deployment of the missile submarine "USS Georgia" in the same area.
The two men discussed "the importance of limiting harm to civilians, making progress toward a ceasefire and releasing hostages held in Gaza," as well as deterring Iranian-backed groups from launching attacks, he said.
Tensions have risen recently after the assassination of Hamas political bureau chief Ismail Haniyeh in Tehran and Hezbollah's senior military commander Fouad Shukr in Beirut's southern suburbs.
Last week, Washington announced that it would strengthen its military presence in the Middle East by deploying more warships and fighter jets.
The aircraft carrier Abraham Lincoln is scheduled to join another US aircraft carrier in the region, the USS Theodore Roosevelt. link
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Joint Operations: We will not allow Iraq to be an arena for any international or regional conflict - Urgent
The Joint Operations Command confirmed, on Tuesday (August 13, 2024), that it will not allow Iraqi lands to become an arena for any international or regional conflict, while indicating that Iraq will not be a starting point for attacking others.
The spokesman for the command, Major General Tahseen Al-Khafaji, said in an interview with "Baghdad Today", "According to the directives of the Commander-in-Chief of the Armed Forces, Mohammed Shia Al-Sudani, Iraq cannot allow itself to be an arena for settling scores and does not accept attacks from within or from without."
He added, "The Iraqi position is clear, which is to prevent it from being used as an arena for any regional or international conflict in any way, and it will not be a starting point for attacking others."
The Iraqi arena has recently witnessed security incidents represented by the bombing of aircraft that the Popular Mobilization Authority said were American, on units in the Jurf al-Sakhar district, north of Babil Governorate, while the Ain al-Assad base in Anbar Governorate was subjected to a missile attack that resulted in injuries among the American forces stationed inside the base.
These developments come in light of the war waged by the Zionist entity against civilians in Gaza, which has been reflected in the rest of the countries that have entered the war against the entity, including Iraq, where armed factions in Iraq announce from time to time the implementation of operations targeting the entity with drones at times and missiles at other times, in addition to participating with the Houthi Ansar Allah in Yemen to carry out these operations.
The world is currently waiting for Iran to respond to the assassination of the head of the political bureau of Hamas, Ismail Haniyeh, in the heart of the capital, Tehran, but it has not yet implemented the response.
Observers expect that Iran will carry out a devastating strike targeting Tel Aviv in cooperation with the Lebanese Hezbollah, which also vowed to respond to the assassination of the leader Fouad Shukr in Lebanon. link
Mot: hhhhheeeeyyyyy ----- Macarena ~~~ https://www.youtube.com/watch?v=MMRVbhbIkjk
Mot: . Not to Fool with Mother Nature-- So I must Follow ~~~
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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 13 Aug. 2024 Compiled Tues. 13 Aug. 2024 12:01 am ESTby Judy Byington
Global Financial Crisis: (Rumors/Opinions)
By Congress passing the Independent Treasury Act of 1920 the Political Elites turned the US Treasury with it’s US Taxpayer dollars over to a private corporation owned by the Cabal, US Inc. … (JFK Jr.) on Telegram Mon. 12 Aug. 2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 13 Aug. 2024
Compiled Tues. 13 Aug. 2024 12:01 am ESTby Judy Byington
Global Financial Crisis: (Rumors/Opinions)
By Congress passing the Independent Treasury Act of 1920 the Political Elites turned the US Treasury with it’s US Taxpayer dollars over to a private corporation owned by the Cabal, US Inc. …(JFK Jr.) on Telegram Mon. 12 Aug. 2024
Did you ever hear of the Independent Treasury Act of 1920? The Independent Treasury Act of 1920 suspended the de jure (meaning “by right of legal establishment”) Treasury Department of the United States government.
Our Congress turned the US Treasury Department over to a private corporation, which when seen in its true light, is a fascist Monopolistic Cartel, the Federal Reserve and their agents.
The bulk of the ownership of the Federal Reserve System, a very well kept secret from the American Citizen, is held by these banking interests, and NONE is held by the United States Treasury:
Rothschild Bank of London
Rothschild Bank of Berlin
Warburg Bank of Hamburg
Warburg Bank of Amsterdam
Lazard Brothers of Paris
Israel Moses Seif Banks of Italy
Chase Manhattan Bank of New York
Goldman, Sachs of New York
Lehman Brothers of New York
Kuhn Locb Bank of New York
The Federal Reserve is at the root of most of our present statutory regulations, “laws”, in the control and regulation of virtually all aspects of human activity in the United States, through successively socialistic constructions laid upon the Commerce clause of the Constitution.
Basically, the Federal Reserve is the “STATE” of the United States.
Thomas Jefferson once said: “I believe that banking institutions are more dangerous to our liberties than standing armies”.
The Gold Standard is how we undo all of this corruption.
~~~~~~~~~~~~~~
Mon. 12 Aug. 2024 A New Beginning: The Activation of GESARA/ NESARA …Gitmo TV on Telegram
Amid chaos and uncertainty, there is a glimmer of hope in the form of GESARA NESARA. This mysterious acronym signifies a significant shift in global affairs.
It is said that the dismantling of old systems in government, education, finance, healthcare and trade is underway, promising a new era for humanity. Could this be a ray of hope in these turbulent times?
Star-Link Satellite Awaiting the Green Light: One of the most surprising claims is that the Star-Link satellite is ready to send emergency alerts to all mobile phones worldwide. These satellites are supposedly on standby, waiting to transmit signals. If true, this would be an unprecedented step in coordinating global events.
The simultaneous mass arrest of over 500,000 people, including members of the global political elite, would be a spectacle like no other.
A Black Swan Lurking – A Global Stock Market Crash: Ominous predictions of an imminent Black Swan Stock Market Crash are heightening the growing tensions. Such an event could send shockwaves around the world and lead to a global monetary transition affecting 209 countries. The impact of such a crisis is beyond imagination, and the world watches with bated breath.
Sun. 11 Aug. Bombshell!!! Martial Law Unleased …Charlie Ward & Friends on Telegram
EBS Alert’s Urgent Broadcast and How Redemption Centers Might Be Our Only Hope! | Alternative | Before It’s News
Rumors suggest that the populace might be urged to stay indoors for their safety, especially during ‘Disclosures‘, while the final arrests take place. However, a resilient and awakened citizenry, now more than ever, won’t be silenced or confined.
The Emergency Broadcast System (EBS) is on the horizon, and when it hits, it will be swift, silent, and shocking. Like a ghostly shadow, everything familiar will fade into obscurity.
The bustling stock market? Halted. The digital world you’re so intricately linked to? Gone. And trust me, when the EBS alert vibrates your cell phone, echoing the chilling announcement, you’ll know it’s begun.
These messages, sourced from the Starlink, are there to stay. Deleting them? Forget about it. They’re imprinted, lasting reminders of the changing times.
Essentials First: Stock up on clean drinking water. Ensure there’s enough food, not just for you, but for your pets too. Medicines? Get them in advance. Remember, the digital world is on a hiatus, so medical records are inaccessible.
Cash is King: In a world where digital transactions become obsolete, cash will be your savior. ATMs might be out of service, and swiping those cards at gas pumps? Dream on.
Mental Fortitude: When the shock hits, it’s vital to keep your wits about you. Before you extend your hand to others, ensure you’re mentally fortified. Some might be in a state of shock, unable to respond. In such cases, a breath of fresh air, a gentle walk, might help.
But when the switch is flipped back, expect a metamorphosis. A world pulsating with positive energy, devoid of evil’s grasp. The internet? Transformed. Banking systems? Revolutionized. This, dear readers, is the dawn of an era of transparency and abundance. A veritable paradise on Earth.
~~~~~~~~~~
Mon. 12 Aug. 2024: Basel III: The End! Redemption News – Currency Revaluation and Redemption in a Surveillance State! – amg-news.com – American Media Group
Read full post here: https://dinarchronicles.com/2024/08/13/restored-republic-via-a-gcr-update-as-of-august-13-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 All this time we've been waiting for the new exchange rate to come out. We've been waiting since the beginning of this year. Nothing. What's going on? It's scheduled. We have the budget, it's ready to go, what's going on? The problem is the thievery, those that steal. The bad politicians in the government of Iraq that steal the money through the CBI
auctions have been tamed...The US Treasury is making all the decisions now...
Breitling The key for Iraq - For them not to be dependent on the dollar. If they economy is 100% energy then they're going to be 100% dependent on the US dollar. How do they get their currency outside of that? They have to open up to doing business in completely different sectors... Then they can attach that part of the economy to the Iraqi dinar. And they can add value to the dinar as they see fit. That's always been the underlying goal of what we want Iraq to do...
Crash Not Over: 50% Haircut is Coming for the Market Warns Bubba Horwitz
Danela Cambone: 8-12-2024
"I still think there's a 50 to 60% haircut coming to the markets,” warns Todd Bubba Horwitz, founder and CEO of Bubba Trading.
In an interview with Daniela Cambone, Horwitz dives deep into the critical issues facing the U.S. economy, from the manipulation of interest rates by the Federal Reserve to the looming crisis in over-leveraged banks.
He argues that the Fed's interference is contributing to the destruction of capitalism, insisting that interest rates should be determined by the free market.
"There's a buyer and a seller, and they will find the correct rate," he asserts. As markets face potential downturns, he advises investors to focus on solid companies and to protect their wealth by investing in physical metals like gold and silver.
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News, Militiaman Dinar Recaps 20 News, Militiaman Dinar Recaps 20
IQD Update - Iraq Dinar News - Currency Value - Stock Exchanges - Ministerial Council of Economy
Militiaman and Crew: 8-12-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
IQD Update - Iraq Dinar News - Currency Value - Stock Exchanges - Ministerial Council of Economy
Militiaman and Crew: 8-12-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8
Good Morning Dinar Recaps,
Kenya to introduce digital asset ETPs
Kenyan investors will soon access digital asset exchange-traded products (ETPs) on the country’s main equities exchange.
DeFi Technologies, a Canada-based company, has struck a new partnership with the Nairobi Stock Exchange (NSE) to facilitate the issuance and trading of digital asset ETPs in the East African country.
NSE signed the Memorandum of Understanding (MoU) with Valour, a subsidiary of DeFi Technologies, this week.Established in 2019, Valour offers 33 ETPs in Europe, including in Börse Frankfurt, Euronext Paris, Euronext Amsterdam, and the Nordic Growth Market.
Good Morning Dinar Recaps,
Kenya to introduce digital asset ETPs
Kenyan investors will soon access digital asset exchange-traded products (ETPs) on the country’s main equities exchange.
DeFi Technologies, a Canada-based company, has struck a new partnership with the Nairobi Stock Exchange (NSE) to facilitate the issuance and trading of digital asset ETPs in the East African country.
NSE signed the Memorandum of Understanding (MoU) with Valour, a subsidiary of DeFi Technologies, this week.Established in 2019, Valour offers 33 ETPs in Europe, including in Börse Frankfurt, Euronext Paris, Euronext Amsterdam, and the Nordic Growth Market.
The MoU, which also includes market liquidity provider SovFi, allows Valour to deploy its ETPs on the Kenyan stock exchange, develop market infrastructure for digital assets, andeventually expand to tokenizing real-world assets.
@ Newshounds News™
Source:CoinGeek
~~~~~~~~~
Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules
Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power.
▪️The CFTC's notice of proposed rulemaking for prediction markets drew various comments from the public, including the crypto industry.
▪️Crypto industry stakeholders say the rules are too broad and would constitute an overreach, considering the recent 'Chevron court decision.
Dragonfly Digital ManagementandCrypto.comhave joined crypto exchangeCoinbase (COIN)in criticizing theCommodities Futures Trading Commission's (CFTC)proposed rules on prediction markets.
Critics say that theCFTC's proposed rules broadly categorize and ban certain event contracts, including those related to gaming – with Coinbase calling the CFTC's proposed definition of gaming too ambiguous– and elections, raising concerns that thisoverreach exceeds statutory authority, stifles innovation, and neglects the economic benefits these contracts provide.
"Political event contracts should not be equated with gambling on games of chance like the Super Bowl. Rather, elections have significant economic implications," Dragonfly's Jessica Furr and Bryan Edelman, its counsel, wrote in a letter to CFTC.
"These contracts were designed to serve crucial risk hedging functions, aligning with the requirements of theCommodity Exchange Act (CEA),and offer valuable predictive data to the public."
Dragonfly also argues that the CFTC's proposed rule overreaches by broadly banning prediction markets without proper evaluation, especially given the Supreme Court's recent'Chevron' decision, which limits the agency's interpretive authority without a Congressional mandate.
Crypto.com'sSteve Humenik, its Special Vice President in charge of Capital Markets,argues that the CFTC's attempt to ban prediction markets violates a rulemaking process dictated by the CEA, which involvesa three-step approach.
According to theCEA, the three-step process requires the CFTC to assess whether a contract involves an excluded commodity, whether it engages in specified activities, and whether it's contrary to the public interest before banning it.
"The CFTC must articulate its justification for determining that a given contract has an underlying excluded commodity.This should not be a foregone conclusion," Humenik wrote.
"We urge the CFTC not to sidestep its obligations to undergo a three-step review process with respect to these types of event contracts, and to eliminate this aspect of the Event ContractsNOPR [notice of proposed rulemaking]."
@ Newshounds News™ Source:
~~~~~~~~~
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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8
My Estranged Sister Wants To Borrow Money From Me — But I Don’t Feel Comfortable With That. What Should I Do?
Christy Bieber Sun, August 11, 2024 Moneywise
Estrangement among family members is hardly uncommon — and money matters can often make the situation worse.
According to research cited by the American Psychology Association (APA), 27% of Americans over age 18 are currently estranged from a relative. Of that cohort, 10% reported an active estranged from a parent or sibling.
Coping with these consequences can be difficult under the best of circ*mstances. But what happens when your estranged relative — for example, a sister who is in dire financial straits — reaches out and asks you for help? An already tense situation can become even messier.
My Estranged Sister Wants To Borrow Money From Me — But I Don’t Feel Comfortable With That. What Should I Do?
Christy Bieber Sun, August 11, 2024 Moneywise
Estrangement among family members is hardly uncommon — and money matters can often make the situation worse.
According to research cited by the American Psychology Association (APA), 27% of Americans over age 18 are currently estranged from a relative. Of that cohort, 10% reported an active estranged from a parent or sibling.
Coping with these consequences can be difficult under the best of circ*mstances. But what happens when your estranged relative — for example, a sister who is in dire financial straits — reaches out and asks you for help? An already tense situation can become even messier.
If you find yourself in a similar situation, there are a few things to consider before giving a response.
Put your financial security first
While offering financial help to an estranged relative may mend the rift, the more likely outcome could just spell more trouble.
In fact, a LendingTree study of more than 1,000 American adults found that nearly a third of respondents who lent or borrowed money from a family member reported negative consequences.
If you aren't close with your sibling, as an example, this rift in your relationship will likely only increase the odds that they won't live up to their end of the deal. You could find yourself losing money in the long run or encounter damaged credit if you co-sign for them.
In fact, more than a third of the lenders in the study have not been paid back, with 24% regretting their decision to loan money to their relative or friend.
Unless you're in a healthy financial position and have a genuine desire to provide a gift outright with no expectation of payback, avoid entangling your finances with an estranged relation.
Even if you do decide a gift is the right move, you may want to consider the reasons for their monetary request and whether you'll end up resentful about the interaction at a later date.
If they have a tendency to mismanage their money and are likely to be struggling financially again within a short amount of time, you’re likely going to be feeling worse about the situation than if the estranged relative had experienced an unexpected income loss, for example.
Because the stakes are high, proceed with caution when making your decision.
Offering to help in other ways
https://finance.yahoo.com/news/estranged-sister-wants-borrow-money-110900300.html
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News DINARRECAPS8 News DINARRECAPS8
Exporting Economic Crises
Economical 08/12/2024 Yasser Al-Metwally Anyone who follows global economic trends notices from time to time the occurrence of afinancial crisishere and there.
Thesecrises lead to the occurrence of transitional economic crises that are clearly visible in some countries and hidden in other countries, and
the effects differ here and there depending on the fragility of the economy of the countries in which the crisis appears clearly and the strength of the economy of other countries in which its effects are hidden.
Perhaps money is the root of the problem, asits interactions crystallize and are reflected in the economy.
Exporting Economic Crises
Economical 08/12/2024 Yasser Al-Metwally Anyone who follows global economic trends notices from time to time the occurrence of afinancial crisishere and there.
Thesecrises lead to the occurrence of transitional economic crises that are clearly visible in some countries and hidden in other countries, and
the effects differ here and there depending on the fragility of the economy of the countries in which the crisis appears clearly and the strength of the economy of other countries in which its effects are hidden.
Perhaps money is the root of the problem, asits interactions crystallize and are reflected in the economy.
I am referring only for the purposes ofanalysisandclarificationof themechanism of financial crisesoccurringin major capitalist centersand thentheir transition to global economic crises,
as I previously mentioned in the previous article titled:The global economic paths are single (Monetary chaos)and
by that I meant that this chaos has a major role in the occurrence of obvious crises, as fragile economies complain of the occurrence of continuous economic crises, at the very least during the economic cycle, which is known as follows (they are fluctuations that occur in economic activity, moving from a state of recovery and growth to a state ofrecessionand recession,wheregrowth declinesandunemployment increases, and thenthecycle continues until recovery occurs.
Experts in economics attribute the causes ofeconomic crisesto the fact that theyare crisesexportedfromadvanced economies(from abroad)todeveloping economies, and
they are a product ofglobalization, which hasopened borders wide with international agreements binding on countries, and the arms of globalization have helped in deepening them, especially theInternational Monetary Fund, theWorld Bank, theWorld Trade Organization, and the Organization.
USAIDinimposing their strict, binding conditions, whether in the field of financing and granting loans or aid that countries need, and the necessity of applying them to the policies of those countries in a way that achieves a high degree of economic liberalism.
Here the picture becomes clear regarding the export of crises that are at the forefront of the financial markets, as money is the basis.
As for the meaning and concept ofdeportation, with a simpledefinition,
it is thedeportationof economic crises internallyby countries receiving funding and aid, so the solutions are patchwork, so you find crises continuing in some countries.
Themonetary chaosleft behind by the world’s decision toabandon the gold standardas a standard for evaluating currencies in 1971, liberalize exchange systems, and liberalize capital movements is behind the occurrence of economic and financial crises without radical solutions.
Thus,moneyis thebasis of economic affliction, especiallyin countries that do not manage it well..
Naturally,monetary chaoscausesexchange ratestofluctuateanddifferences between the official rate and the parallel rate.
It is a prominent phenomenon inemergingandweak economies.
Examplesinclude, but are not limited to, the Turkish, Iranian, Egyptian,Iraqi, and many others, along with other reasons, of course, which are the reason for the occurrence of financial crises.
Crisesare a phenomenon thatoriginates from abroadand istransmitted through solutions faced from within, which causes continuous financial crises in the countries where their crises are resolved, and this is what must be paid attention to.
Hence my choice of the title of the article:Financial crises between export and deportation.
https://alsabaah.iq/100870-.html
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8
I’m a Bank Teller: 4 Reasons You Should Withdraw Your Savings Right Now
July 25, 2024 by Angela Mae
Roughly 95% of Americans have either a checking or savings account, according to the Federal Deposit Insurance Corporation (FDIC). For many people, a savings account is a great place to keep extra money for a major life event, like a wedding or home purchase, or emergencies.
Savings accounts are generally FDIC-insured up to $250,000, meaning your money is protected against bank failure. The funds are also still accessible but separate enough from your checking account to where you’re less likely to use them for everyday expenses.
I’m a Bank Teller: 4 Reasons You Should Withdraw Your Savings Right Now
July 25, 2024 by Angela Mae GoBankingRates
Roughly 95% of Americans have either a checking or savings account, according to the Federal Deposit Insurance Corporation (FDIC). For many people, a savings account is a great place to keep extra money for a major life event, like a wedding or home purchase, or emergencies.
Savings accounts are generally FDIC-insured up to $250,000, meaning your money is protected against bank failure. The funds are also still accessible but separate enough from your checking account to where you’re less likely to use them for everyday expenses.
Still, as useful as savings accounts can be, there is a right time to withdraw the funds. If you’re thinking about withdrawing the money from your savings account, here’s when you should do it — and when you shouldn’t.
You Need Extra Cash To Cover Something Planned
“Typically, the biggest reasons people withdraw their savings are to cover a bill, to make a purchase, home repairs, for vacations or for birthdays and holidays such as Christmas,” said Arielle Torres, an assistant branch manager at Addition Financial Credit Union.
These are all sound reasons to withdraw the funds.
Say you’ve been saving up for a down payment and are ready to close on your new home — that’s a good time to draw from your savings. Upcoming trips and major home repairs, ideally those that are planned out, are also valid reasons.
You might also want to withdraw from your savings account to cover debts, especially high-interest ones that are draining your monthly cash flow. If possible, wait until you have an emergency fund. Then, once you have the funds available, pull from your savings to pay off that debt
You’re Dealing With an Emergency
One of the clearest signs that you should withdraw from your savings account is in the event of unavoidable emergencies, said Torres. Common emergencies include surprise medical bills, a broken down car, necessary home repairs and layoffs at work — basically, anything that wasn’t planned and can’t be covered with your regular income or budget.
Ideally, you’ll have a separate emergency fund for this and won’t have to touch your regular savings account. But if you don’t and you need the money, your savings account is a good alternative. It’s also a better option by far than having to turn to high-interest credit cards or loans to cover the emergency expense.
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Frank26, KTFA Dinar Recaps 20 Frank26, KTFA Dinar Recaps 20
KTFA Monday Night Conference Call
FRANK26…8-12-24……M R EXPLOSION
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#
KTFA
Monday Night Conference Call
FRANK26…8-12-24……M R EXPLOSION
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#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
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Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20
Monday Evening News With MarkZ
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
Member: Good evening, all! Hoping this is our golden week
MZ: On the bond side it was a little quieter tday than I expected. I do have one that had a conference call today nd expects funding tomorrow-about mid day. I hope they receive it.
Monday Evening News With MarkZ
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
Member: Good evening, all! Hoping this is our golden week
MZ: On the bond side it was a little quieter tday than I expected. I do have one that had a conference call today nd expects funding tomorrow-about mid day. I hope they receive it.
MZ: So far I do not have any confirmations of folks sitting with dollars.
Member: I wonder why do all of these bond people have appointments, and then they are hopeful, and then the update we hear is that they have more meetings, and they are "still hopefull..." ?
Member: They have got to be beyond frustrated….just like all of us are.
MZ: Here’s a good one you all sent me. “ Parliamentary committee for Nina-A government team is preparing a new draft of the oil and Gas Law” They are letting us know they are moving forward…meetings are happening and they are moving towards completion.
MZ: “ US Records 2nd biggest deficit in history as 25% of Tax revenues goes to pay interest.” This is untenable…..
Member: If your life boiled down to the craziest choice that no one would ever believe, do it anyway and rewrite the book on what’s possible
Member: Have a nice evening everyone.
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!
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