Forwarded from GCR - TrueNews ™ (Red ™)
So we have learned what open convertibility means. Now lets apply it to the real world and take a look at the factors in that transition and what we could expect to hear in the media. 🔻
🔹 Build confidence in the currency
🔸 Control inflation - Achieve low, stable inflation through sound monetary policy.
🔸 Maintain fiscal discipline - Reduce budget deficits and public debt.
🔸 Strengthen central bank independence - The Central Bank of Iraq (CBI) must operate independently and credibly to manage monetary policy effectively.
🔸 Build foreign reserves - Accumulate sufficient forex reserves to support the exchange rate and prevent speculative attacks.
🔹 Create a resilient and transparent banking system
🔸 Modernize banking regulations - Improve supervision, transparency, and solvency of banks.
🔸 Develop financial markets - Establish bond markets, interbank markets, and tools for monetary transmission.
🔸 Implement anti-money laundering (AML) and counter-terrorism financing (CFT) standards - Comply with global standards (e.g., FATF) to build investor trust.
🔸 Enhance payment systems - Digitize and secure payment networks for smoother capital flows.
🔹 Allow capital to flow freely in and out of the country (this is the BIGGIE)
🔸 Liberalize current account transactions - E.g., trade-related payments, travel, remittances.
🔸 Gradually allow capital inflows - Start with long-term investments (FDI), followed by portfolio investments.
🔸 Phase in capital outflows - Especially for residents and businesses.
🔸 Safeguard mechanisms - Put in place temporary capital controls in case of market instability.
🔹 Move toward a market-determined exchange rate
🔸 Enhance exchange rate flexibility - Allow the IQD to float within a managed band or eventually adopt a free-floating regime.
🔸 Deepen forex markets - Ensure transparent and liquid foreign exchange markets.
🔸 Reduce reliance on parallel market - Narrow the gap between official and street exchange rates.
🔹 Create a reliable economic and investment environment
🔸 Legal certainty - Strengthen property rights and contract enforcement
🔸 Transparent governance - Fight corruption and improve rule of law
🔸 Investor protections - Ensure policies support and protect foreign investors
🔸 Public communication - Build trust through consistent and transparent government communication
🔹 Build trust in IQD through global economic engagement
🔸 WTO accession or deep trade agreements - Encourage global trade relationships.
🔸 Engage with IMF and World Bank - Technical assistance and policy support.
🔸 Promote remittances and diaspora investment - Facilitate cross-border money movement.
Statements that we would COULD possibly hear in the media around this transition, notice the SPECIFIC words used 🔻
🔹 Changes to exchange rate policies or forex access
“CBI will move to a managed float of the dinar within a defined band.”
🔹 Stepwise easing of controls
“Foreign investors may now repatriate profits freely.”
“Iraqi businesses may invest abroad up to $X annually.”
🔹 Endorsements and technical support
“IMF and World Bank to assist in technical support for convertibility transition.”
“Talks initiated for bilateral swap agreements with regional partners.”
🔹 The final, milestone announcement
“As of [date], the Iraqi Dinar is fully convertible for current and capital account transactions.”
“All exchange restrictions removed in line with IMF Article VIII.”
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Forwarded from Sputnik Africa
BRICS Shake-Up: Russia’s Trade With Ethiopia Soars—What’s Next?
With a sharp 40% rise in trade between Russia and Ethiopia this year, new opportunities are opening up across key sectors:
🟡 Fertilizers: Russian supply can meet Ethiopia’s growing demand
🟡 Agriculture & Drought: Russian expertise in drought-resistant crops and land restoration can help Ethiopia address these challenges
🟡 Machinery: Russian equipment can support Ethiopia’s drive toward mechanized farming
🟡 Agrochemicals: Russia’s agrochemical capabilities can boost grain productivity and food security in the African country
🟡 Hydropower: Russia’s expertise could help Ethiopia build and operate projects in Ethiopia
🟡 Natural Gas: Exploration of natural gas will enable Ethiopia to exploit its reserves properly
🟡 Renewables: Joint ventures in solar and wind energy will expand Ethiopia's energy options
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🔸 Sputnik Africa | X 🔸
With a sharp 40% rise in trade between Russia and Ethiopia this year, new opportunities are opening up across key sectors:
Subscribe to @sputnik_africa
🔸 Sputnik Africa | X 🔸
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Forwarded from Sputnik Africa
DRC, Rwanda Sign Joint Declaration on Path to Peace at Ceremony in Washington
The declaration "marks a renewed commitment to peace, sovereignty, and stability in the Great Lakes region," the Congolese Foreign Ministry said in a press release.
The signatories are the DRC FM Therese Wagner and Rwandan FM Olivier Nduhungirehe. The event was held at the US Department of State and attended by State Secretary Marco Rubio.
Here are the key statements by the signatories:
🇨🇩 Wagner:
⦁ the signing is a political commitment, not a symbolic gesture, according to Wagner;
⦁ it reaffirms principles from international law and UNSC resolution 2773;
⦁ the DRC calls for withdrawal of foreign troops from its territory; emphasizes accountability, measurable timelines, and consequences for noncompliance;
⦁ peace first, trust-building next, and cooperation later.
🇷🇼 Nduhungirehe:
⦁ it's important to address the root causes of the conflict in the eastern DRC;
⦁ Rwanda aims for a secure, well-governed region free of ethnic extremism and linked through new economic value chains;
⦁ it is committed to working with all partners for a comprehensive peace agreement;
⦁ it thanks the US for enabling progress in resolving the conflict.
📄 Fundamental principles of the declaration:
⦁ respect for sovereignty and territorial integrity;
⦁ non-interference in internal affairs of states;
⦁ peaceful resolution of disputes;
⦁ cessation of support to armed groups;
⦁ safe and voluntary return of displaced persons and refugees;
⦁ framework for regional economic integration.
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🔸 Sputnik Africa | X 🔸
The declaration "marks a renewed commitment to peace, sovereignty, and stability in the Great Lakes region," the Congolese Foreign Ministry said in a press release.
The signatories are the DRC FM Therese Wagner and Rwandan FM Olivier Nduhungirehe. The event was held at the US Department of State and attended by State Secretary Marco Rubio.
Here are the key statements by the signatories:
🇨🇩 Wagner:
⦁ the signing is a political commitment, not a symbolic gesture, according to Wagner;
⦁ it reaffirms principles from international law and UNSC resolution 2773;
⦁ the DRC calls for withdrawal of foreign troops from its territory; emphasizes accountability, measurable timelines, and consequences for noncompliance;
⦁ peace first, trust-building next, and cooperation later.
🇷🇼 Nduhungirehe:
⦁ it's important to address the root causes of the conflict in the eastern DRC;
⦁ Rwanda aims for a secure, well-governed region free of ethnic extremism and linked through new economic value chains;
⦁ it is committed to working with all partners for a comprehensive peace agreement;
⦁ it thanks the US for enabling progress in resolving the conflict.
📄 Fundamental principles of the declaration:
⦁ respect for sovereignty and territorial integrity;
⦁ non-interference in internal affairs of states;
⦁ peaceful resolution of disputes;
⦁ cessation of support to armed groups;
⦁ safe and voluntary return of displaced persons and refugees;
⦁ framework for regional economic integration.
Subscribe to @sputnik_africa
🔸 Sputnik Africa | X 🔸
Forwarded from Gold Telegraph
The U.S. dollar index is down nearly 9%, on track for its worst start to the year since 1973 when currencies were cut loose from gold and began to float freely.
In other words,
The last monetary reset.
The signs are everywhere.
Read: https://x.com/goldtelegraph_/status/1915810384281293241?s=46
In other words,
The last monetary reset.
The signs are everywhere.
Read: https://x.com/goldtelegraph_/status/1915810384281293241?s=46
X (formerly Twitter)
Gold Telegraph ⚡ (@GoldTelegraph_) on X
The U.S. dollar index is down nearly 9%, on track for its worst start to the year since 1973 when currencies were cut loose from gold and began to float freely.
In other words,
The last monetary reset.
The signs are everywhere.
In other words,
The last monetary reset.
The signs are everywhere.
ȺɾìҽӀ
@Prolotario1
Morning Briefing: The Unraveling of the Globalist Fantasy and the Rise of a New Republic
Good morning, folks it’s Friday, April 25, 2025, and we’re staring down the barrel of a new month. Let’s cut through the noise and address the elephant in the room: the dystopian propaganda peddled by blackpill doomers who loathe progress and cling to the idea that globalists are some unstoppable force hellbent on their New World Order (NWO). These folks are so busy self-sabotaging, they can’t see the forest for the trees. They think the fight is just about “defeating globalists,” but they’re clueless about the tools those globalists needed to manifest their UN Agenda 2030 pipe dream. Newsflash: it’s not just about ideology utopian or globalist it’s about the mechanisms, the infrastructure, the dirty little gears that make their world go ‘round. And guess what? Those gears are grinding to a halt, thanks to a seismic shift that started when Donald Trump took the reins. Let’s unpack this, throw in some historical perspective, and show why the globalist playbook is now a relic of a bygone era complete with a few receipts to shut down the fearmongers.
History is littered with visionaries who dared to dream of a better world, only to get crushed by the very systems they sought to dismantle systems that lacked the safeguards to protect their ideals. Take Martin Luther King Jr., a man who envisioned a society of true equality, not the sanitized corporate DEI nonsense we see today. King was assassinated in 1968, and his vision of economic justice think his Poor People’s Campaign was stalled because the tools to protect it weren’t in place: no decentralized financial systems to empower the disenfranchised, no blockchain to secure wealth from government overreach, and no tariffs to shield local economies from globalist exploitation. Then there’s Nikola Tesla, who dreamed of free energy for all a world where power (literal and figurative) wasn’t hoarded by elites. His Wardenclyffe Tower project was shut down in 1905 by J.P. Morgan, who saw no profit in a world where energy wasn’t a chokehold. Tesla died broke in 1943, his ideas buried because the infrastructure to safeguard them like a decentralized grid or a gold-backed economy wasn’t there. These pioneers were ahead of their time, but they lacked the mechanisms to shield their visions from the predatory systems of their day systems globalists later co-opted for their NWO agenda.
Now, let’s talk about the globalists and their precious little UN Agenda 2030 their blueprint for a world where national sovereignty is a quaint memory, and we’re all serfs under a one-world government. They’ve always relied on specific tools to pull this off: centralized banking (think LIBOR manipulation), unchecked corporate power (Chevron Doctrine giving agencies a blank check), and a fiat currency system that lets them print money to control nations. But here’s the kicker those tools are gone, or on life support, and there’s no reversing it. Since Trump’s first term, we’ve seen the rise of DOGE (Department of Government Efficiency) slashing bureaucratic bloat, tariffs gutting globalist supply chains (like the 25% tariffs on Chinese goods in 2018, still in effect), and states like Texas and Utah returning to the gold standard (Texas Gold Depository opened in 2018, Utah passed gold legal tender in 2023).
Add to that the SOFR replacing LIBOR in 2023, ending the era of rigged interest rates, Basel III forcing banks to hold real assets (gold, not paper promises), ISO-20022 standardizing financial messaging for transparency, and blockchain ensuring wealth can’t be seized by a globalist overlord. Oh, and the Chevron Doctrine? Overturned in 2024 by the Supreme Court, stripping agencies of their unchecked power. Hidden moves like Trump’s 2025 Strategic Bitcoin Reserve (whitehouse.gov, March 7, 2025) further cement a decentralized future. Globalists needed a centralized, manipulable system to enforce Agenda 2030.
@Prolotario1
Morning Briefing: The Unraveling of the Globalist Fantasy and the Rise of a New Republic
Good morning, folks it’s Friday, April 25, 2025, and we’re staring down the barrel of a new month. Let’s cut through the noise and address the elephant in the room: the dystopian propaganda peddled by blackpill doomers who loathe progress and cling to the idea that globalists are some unstoppable force hellbent on their New World Order (NWO). These folks are so busy self-sabotaging, they can’t see the forest for the trees. They think the fight is just about “defeating globalists,” but they’re clueless about the tools those globalists needed to manifest their UN Agenda 2030 pipe dream. Newsflash: it’s not just about ideology utopian or globalist it’s about the mechanisms, the infrastructure, the dirty little gears that make their world go ‘round. And guess what? Those gears are grinding to a halt, thanks to a seismic shift that started when Donald Trump took the reins. Let’s unpack this, throw in some historical perspective, and show why the globalist playbook is now a relic of a bygone era complete with a few receipts to shut down the fearmongers.
History is littered with visionaries who dared to dream of a better world, only to get crushed by the very systems they sought to dismantle systems that lacked the safeguards to protect their ideals. Take Martin Luther King Jr., a man who envisioned a society of true equality, not the sanitized corporate DEI nonsense we see today. King was assassinated in 1968, and his vision of economic justice think his Poor People’s Campaign was stalled because the tools to protect it weren’t in place: no decentralized financial systems to empower the disenfranchised, no blockchain to secure wealth from government overreach, and no tariffs to shield local economies from globalist exploitation. Then there’s Nikola Tesla, who dreamed of free energy for all a world where power (literal and figurative) wasn’t hoarded by elites. His Wardenclyffe Tower project was shut down in 1905 by J.P. Morgan, who saw no profit in a world where energy wasn’t a chokehold. Tesla died broke in 1943, his ideas buried because the infrastructure to safeguard them like a decentralized grid or a gold-backed economy wasn’t there. These pioneers were ahead of their time, but they lacked the mechanisms to shield their visions from the predatory systems of their day systems globalists later co-opted for their NWO agenda.
Now, let’s talk about the globalists and their precious little UN Agenda 2030 their blueprint for a world where national sovereignty is a quaint memory, and we’re all serfs under a one-world government. They’ve always relied on specific tools to pull this off: centralized banking (think LIBOR manipulation), unchecked corporate power (Chevron Doctrine giving agencies a blank check), and a fiat currency system that lets them print money to control nations. But here’s the kicker those tools are gone, or on life support, and there’s no reversing it. Since Trump’s first term, we’ve seen the rise of DOGE (Department of Government Efficiency) slashing bureaucratic bloat, tariffs gutting globalist supply chains (like the 25% tariffs on Chinese goods in 2018, still in effect), and states like Texas and Utah returning to the gold standard (Texas Gold Depository opened in 2018, Utah passed gold legal tender in 2023).
Add to that the SOFR replacing LIBOR in 2023, ending the era of rigged interest rates, Basel III forcing banks to hold real assets (gold, not paper promises), ISO-20022 standardizing financial messaging for transparency, and blockchain ensuring wealth can’t be seized by a globalist overlord. Oh, and the Chevron Doctrine? Overturned in 2024 by the Supreme Court, stripping agencies of their unchecked power. Hidden moves like Trump’s 2025 Strategic Bitcoin Reserve (whitehouse.gov, March 7, 2025) further cement a decentralized future. Globalists needed a centralized, manipulable system to enforce Agenda 2030.