June 23rd 6pm Newsletter

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The Dinar Recaps Team

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Tishwash:  Trade discusses with the US ambassador the country's accession to the World Trade Organization

Trade Minister Mohammed al-Ani said on Sunday that Iraq would join the World Trade Organization (WTO) with US Ambassador Mathew Toler. 

"The Iraqi side presented an explanation of the steps taken by Iraq to join the organization, and the most important files required for that, in accordance with the requirements of the current phase," a ministry statement said.

"The most important of these files discussed, the file of foreign trade policy note, the file of the initial presentation of goods and services and the file of the legislative implementation plan, in addition to the intellectual property file." 

Toller also called for the development of relations between the two countries, and activating the economic aspect of them, stressing the importance of the forum, which will be held during the next few months for businessmen between the two countries.     link

How To Protect Assets, Avoid Taxes And Get Lauded As A Philanthropist Like Mark Zuckerberg  By Jeff Berwick 

Mark Zuckerberg of Facebook posted a “Letter To Our Daughter” stating that he would give 99% of his Facebook shares to the Chan Zuckerberg Initiative “to advance human potential and promote equality for all children in the next generation.”
The New York Times, perhaps the most economically ignorant tabloid in the world, headlined, “Mark Zuckerberg Vows to Donate 99% of His Facebook Shares for Charity.”

Countless people across the webisphere lauded Zuckerberg as a caring philanthropist who was just giving 99% of his wealth away.
In many ways what he did was philanthropic but not for the reasons that the great majority of people think.

From Recaps Archives

*Reading the many comments on different websites, we realize that many remain confused by the difference in the two currencies. The FEDERAL US DOLLAR (FRN) has nothing to do with the United States of America.

The Federal Fiat dollar is owned by a private corporation formed in 1913 on Jeckyl Island by private individuals. The "owners" of said corporation called it the US Dollar to cover up the scam of theft of the American people. If you have not realized this by now, we suggest a crash course into the history of the Federal Reserve.*

*When, not if, the Global Currency Reset occurs.....the world will return to a "asset backed" system. For example, baskets will obtain gold, silver, oil, corn, cotton or whatever resources prove valuable. This will enable each countries currency to be "pegged" to a new value.

Each country has an audit of "assets" their country possesses and what it can support for a value to their currency. This "value" is not only gold bars in the vault, but also what is in the ground under their feet.*


DELTA: Interbank Market

What is the Interbank Market?

The interbank market is the global network utilized by financial institutions to trade currencies between themselves. 

While some interbank trading is done by banks on behalf of large customers, most interbank trading is proprietary, meaning that it takes place on behalf of the banks' own accounts. Banks use the interbank market to manage exchange rate and interest rate risk.

MilitiaMan: Interbank is the global network for banks to interlink trade with proprietary methods to manage exchange rates and interest rate risk. (FX). Carry trade. Pairing currencies. - MM