Thank you to all the subscribers to our Early Access program…we thank you for your continued support.
We are excited to offer this new service to keep you informed and up-to-date on the latest Dinar and currency news.
“Tidbits From TNT” Wednesday Morning 1-1-2025
TNT:
Tishwash: Al-Hassan congratulates on the New Year: Iraq is able to overcome challenges
The representative of the Secretary-General of the United Nations in Iraq, Mohammed Al Hassan, confirmed in a message on the occasion of the New Year, today, Tuesday, that the Iraqi people have the ability to face challenges.
The Special Representative of the Secretary-General of the United Nations in Iraq congratulates the Iraqi people and government on the New Year:
Al-Hassan said in a tweet on the {X} platform, "I congratulate the Iraqi people and the Iraqi government on the achievements made during the year 2024."
TNT:
Tishwash: Al-Hassan congratulates on the New Year: Iraq is able to overcome challenges
The representative of the Secretary-General of the United Nations in Iraq, Mohammed Al Hassan, confirmed in a message on the occasion of the New Year, today, Tuesday, that the Iraqi people have the ability to face challenges.
The Special Representative of the Secretary-General of the United Nations in Iraq congratulates the Iraqi people and government on the New Year:
Al-Hassan said in a tweet on the {X} platform, "I congratulate the Iraqi people and the Iraqi government on the achievements made during the year 2024."
He added, "In 2024, we witnessed great achievements in development and infrastructure, and this was achieved thanks to the strong and ambitious will of Prime Minister Mohammed Shia al-Sudani's government to improve the lives of Iraqis."
Al-Hassan continued, "We have great confidence in Iraq to draw a better future," calling on the Iraqi government to "continue working sincerely to improve services throughout Iraq.
Iraq is capable of overcoming challenges and regaining its regional and international standing." link
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Tishwash: International Report: 2025 will be the largest year for projects inside Iraq
The International Data Bank, one of the international organizations concerned with monitoring the internal affairs of the countries of the world, issued its annual report for the year 2024, accompanied by estimates for the coming year 2025, confirming that the current year witnessed the issuance of the largest number of investment and service contracts inside Iraq.
The bank said, according to its report, which was translated by "Baghdad Today", that "Iraq spent $83 billion during the year 2024 on infrastructure and reconstruction projects, and awarded contracts to implement other projects during the year 2025 worth $126 billion," expecting that "this will lead to a doubling of the growth rate of the national GDP to about 4.1% during the next year."
The bank also explained that the largest projects were the share of the country's main roads for the Ministry of Transport, which are expected to be fully completed in 2029, noting also that oil investment projects and the construction of residential complexes in Baghdad, specifically (the integrated Nasiriyah oil project and the city of Al-Rufail in Baghdad) came in second and third place as the largest government projects for the year 2024.
The information issued by the World Bank also confirmed that the contracts awarded for the coming year were distributed as follows (39.9% allocated to construction, 39.9% allocated to energy and industry, 24.3% allocated to electricity and water service projects, while 22.6% was allocated to road and transportation projects). link
Tishwash: Starting to implement ASYCUDA global system for automating customs operations
The Prime Minister's Media Office announced on Tuesday the start of using modern automation systems to facilitate the entry of goods into border crossings and monitor them centrally, and the agreement to implement the global ASYCUDA system to automate customs operations.
The office said in a statement, seen by "Al-Eqtisad News", that "in implementation of the directives of Prime Minister Mohammed Shia Al-Sudani regarding administrative and financial reform, which is included among the priorities of the government program, a special meeting was held today in the Prime Minister's Office headed by the Prime Minister's Advisor for Border Customs and Ports Affairs, where the procedures related to the governance of border ports and customs systems were discussed."
The statement added that "the meeting witnessed the announcement of the completion of the necessary infrastructure to link all border ports with the latest technologies, and the start of the use of modern automation systems to facilitate the entry of goods into border ports and monitor them centrally. It was also agreed to implement the global ASYCUDA system for automating customs operations, enhanced with electronic payment services starting from January 1, 2025."
He pointed out that "this step will contribute to achieving automation in ministries and institutions, including the e-government project and providing electronic payment services, which contributes to enhancing transparency and accountability, simplifying procedures, facilitating services and reducing bureaucratic obstacles, in addition to establishing good governance and combating corruption." link
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Mot: Finally Made sum - Realistic Resolutions
Mot: .. good ole ""Earl"" to the Rescue!!!
News, Rumors and Opinions Wednesday AM 1-1-2025
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 Wed. 1 Jan. 2025
Compiled Wed. 1 Jan. 2025 12:01 am EST by Judy Byington
Happy New Year!!!
God Is About To Open Your Door To A Marvelous Future
The Waiting Wasn’t a Delay, It Was a Preparation
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 Wed. 1 Jan. 2025
Compiled Wed. 1 Jan. 2025 12:01 am EST by Judy Byington
Happy New Year!!!
God Is About To Open Your Door To A Marvelous Future
The Waiting Wasn’t a Delay, It Was a Preparation
Global Currency Reset:
Tues. 31 Dec. 2024: Withdrawals and deposits suspended for four days at all Iraqi banks. The Central Bank of Iraq will close on January 2, 2025 and cease banking transactions for customers. The bank also decided to suspend withdrawals and deposits in savings accounts at bank branches from December 30, 2024 to January 2, 2025, with the aim of completing its annual budget. https://x.com/DPyontaka92762/status/1874160733984088168
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Tues. 31 Dec. 2024 Bruce:
At one minute before midnight Tues. 31 Dec. (allegedly) Nesara and Gesara actually starts.
We are supposed to have a Global Announcement on Nesara Gesara on Wed. 1 Jan. 2025.
Nesara (allegedly) includes all new worldwide asset backed currencies by all those precious metals and oils and gas and all commodities.
We will have a new USTN coming out fairly soon.
Nesara and Gesara will be (allegedly) revealed in the first ten days and might even be in the EBS Global Announcement – so it might well all happen tomorrow.
For the US, substantial Restitution and Reconciliation Allowances and significant increases in Social Security will also (allegedly) begin with Nesara.
Ages 30 – 45 will (allegedly) get R&R paid monthly over three years in to your bank account. Ages 45 – 60 will receive it over two years. 60 and older will receive it as a lump sum.
We are supposed to be notified of exchange/redemption appointments on the first of Jan in our emails and set our appointments either Wed. 1 Jan. or Thurs. 2 Jan.
The email should tell us what day and time to call – so that everyone doesn’t call at the same time
Redemption Center Staff are (allegedly) going into work on Thurs. 2 Jan. at 9am.
When you call for an appointment you might get an AI voice, but give them your Zip code and then you’ll get directed to a live person.
You have to ask for the Contract Rate on the Dinar.
At your redemption/exchange appointment you can (allegedly) set up your Med Bed appointment and can refer up to six people for Med Bed treatments.
Read full post here: https://dinarchronicles.com/2025/01/01/restored-republic-via-a-gcr-update-as-of-january-1-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Speaking to Iraq boots on the ground Firefly] [Iraq] is international. So is your currency. So is your banking structure. Your new exchange rate will be the cherry on top of everything that Sudani has accomplished for you citizens. It will bring you purchasing power...security and stability from the enemy that stole your money all these years and it will be a very strong relationship with the United States of America...
Militia Man They're talking about the issuance of money and aren't we waiting for a new exchange rate? Yes we are. I think that's the whole premise here. They're getting rid of the dollar auction. Now it's called the currency window...No wonder these guys in the street are nervous.
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FDIC WARNS: Bank CRISIS Accelerates as Losses Hit $364 BILLION
Taylor Kenny: 12-31-2024
The FDIC has issued a dire warning: a growing number of banks are on the brink of insolvency due to a $364 billion crisis rooted in unsustainable federal debt.
In this video, we’ll break down the truth about unrealized losses, hyperinflation risks, and the looming threat of a currency reset.
Learn how to prepare and protect your wealth before it’s too late. Watch now to stay informed and take action.
CHAPTERS:
00:00 FDIC Warns of Bank Insolvency
00:42 Federal Debt’s Ripple Effect on Banks
01:20 Wall Street Speculation and Deposit Risks
02:00 Banks Gambling with Your Deposits
03:19 Unrealized Losses on Bank Balance Sheets
04:31 Hidden Bank Liabilities and Liquidity Crisis
05:42 Inflation and Debt Drive the Financial Crisis
07:03 The Truth About Bank Failures
08:15 Hyperinflation: A Growing Threat
09:31 Bank Bail-ins: Your Deposits at Risk
10:03 The Inevitable Currency Reset
11:17 How to Prepare for the Reset
Ariel: Hot off the news wire!
Ariel : Guess When the New Notes will be Available?
Hot off the news wire!
The Starting Gun
Foot is on the gas.
Engines are revving.
Exhaust pipes are smoking.
The clock is winding down.
Are you ready to put the pedal to the metal?
Ariel : Guess When the New Notes will be Available?
Hot off the news wire!
The Starting Gun
Foot is on the gas.
Engines are revving.
Exhaust pipes are smoking.
The clock is winding down.
Are you ready to put the pedal to the metal?
Exchanging old notes for new notes will be done under the new exchange rate.
Guess when these notes will be available? January 2nd!
I think I now know what Donald Trump means when he said this will be the best new years eve ever. Why? Because it was reported years ago that he also has a big bag of Iraqi Dinars. His came in pallets.
Majeed: By CBI Jan 2 people in iraq will change the old note with the new one
When you read this they are basically advising you on how to exchange the Iraqi Dinar. Internally this may be for the citizens but it applies outside the country as well.
Brothers Technologies Inc. I’m ecstatic and EXCITED AND PLEASE READ FOR YOURSELF!!!!!!! Thread Posted by CBI 12/24/24 12/26/24 You’re Welcome
For full post read here: https://dinarchronicles.com/2024/12/31/ariel-prolotario1-guess-when-the-new-notes-will-be-available/
More News, Rumors and Opinions Tuesday PM 12-31-2024
KTFA:
Clare: For four days.. Suspension of withdrawal and deposit operations in all Iraqi banks
The Central Bank of Iraq decided, on Tuesday, to suspend withdrawal and deposit operations for four days.
December 31, 2024 Baghdad /
According to a document, the bank decided to close the bank's doors on January 2, 2025 and stop conducting banking transactions for customers.
The bank also decided to suspend withdrawal and deposit operations on savings accounts in bank branches for the period from 12/30/2024 to 1/2/2025 for the purpose of completing the annual budgets.
KTFA:
Clare: For four days.. Suspension of withdrawal and deposit operations in all Iraqi banks
The Central Bank of Iraq decided, on Tuesday, to suspend withdrawal and deposit operations for four days.
December 31, 2024 Baghdad /
According to a document, the bank decided to close the bank's doors on January 2, 2025 and stop conducting banking transactions for customers.
The bank also decided to suspend withdrawal and deposit operations on savings accounts in bank branches for the period from 12/30/2024 to 1/2/2025 for the purpose of completing the annual budgets. LINK
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Clare: "Major Security Event"... US Treasury Under Cyber Attack"
12/31/2024
The U.S. Treasury Department was hacked in what it described as a major security incident, attributed to a Chinese state-backed entity, according to a document seen by Bloomberg.
The breach was carried out via a third-party software provider called BeyondTrust, where the hackers gained access to a cloud-based service used to provide technical support to the ministry's offices.
The ministry said the documents accessed were unclassified, and that the affected service had been completely shut down.
Reports indicate that Chinese hackers were involved in the incident, while the Chinese embassy denied the accusations, considering them to be smear attacks that are not based on evidence.
The attack is part of a series of cyber espionage operations targeting the United States, including telecommunications companies, which has raised significant concerns at the national level.
The Treasury Department confirmed that investigations are ongoing in cooperation with law enforcement and intelligence agencies, while receiving support from the affected service provider, BeyondTrust. LINK
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Clare: Baghdad is preparing to open 4 hypermarket centers.. 20% discount
12/31/2024
The Ministry of Commerce announced today, Tuesday, the opening of new hypermarket centers in the capital, Baghdad, in the coming days.
The ministry's spokesman, Mohammed Hanoun, told {Euphrates News} that: "Regarding the work of hypermarkets, a center was operated on a trial basis in the Al-Bayaa and Al-Hurriyah areas in Baghdad, and four more will be launched in the coming days, bringing the number to 6 in the capital."
He added, "The markets include all the needs of citizens, and there is cooperation with government and private markets for the purpose of purchasing materials on credit," indicating that "the prices of some materials are 20% lower than the local market, and many of them are 20% lower."
According to his statement, Hanoun looks forward to "fulfilling citizens' requirements of pharmacies, banks, restaurants, rest stops, and garages, most of which are free, civilized, and paid."
Raghad LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq is talking about a big party they're having right now at the CBI for all the CBI employees who have worked so hard on the process and on the development of a new currency. They are celebrating along with the US Treasury delegation here on a visit. FRANK: I will admit that's pretty cool. It's also a telltale sign. That's why the US Treasury is there.
Militia Man It appears they're gearing for a change and that change is coming...The exchange rate could come when Alaq is ready to tell us and the world. If that 'mechanism' has to deal with an exchange rate, they're talking about that today. That's fascinating...
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Small note …Iqd
Nader: 12-31-2024
"I Find This Scary Because It's What Happens In A Blow-Off Top" - Mike Maloney
12-30-2024
Prepare to be startled by the dramatic extremes in today’s stock market. Mike Maloney and Alan Hibbard discuss the urgent red flags signaling a potential “blow-off top,” where market gains soar to dizzying heights before a sudden collapse.
Learn how the top 10 S&P 500 stocks alone are worth more than some of the world’s largest stock markets combined, why one of America’s biggest tech giants trades at all-time-high valuations, and how economic indicators are flashing warnings that many have chosen to ignore.
Key Topics Covered:
Why a narrow market rally can be alarming
The meaning behind “blow-off top” risks Understanding the divergence between market cap and economic indicators
How valuations compare to historic bubbles like the dot-com era
Actionable insights for navigating uncertain market conditions
Insiders Dumping Stocks, Preparing For 2025 Reset? - Year-End Panel - Holter, Macleod, Schectman
Insiders Dumping Stocks, Preparing For 2025 Reset? - Year-End Panel - Holter, Macleod, Schectman
Liberty and Finance: 12-30-2024
In this 2024 year end panel discussion featuring Andy Schectman, Alasdair Macleod, and Bill Holter, the tone is starkly cautionary as they analyze the fragile state of global financial markets.
The conversation highlights a rapidly deteriorating situation where the dollar is on a "slippery slope" and market dynamics show, among the insiders, an overwhelming number of sellers compared to buyers.
Schectman, Macleod, and Holter point out that, while gold has made significant gains, investor enthusiasm remains low, with the public continuing to unload assets while institutional investors quietly buy.
Insiders Dumping Stocks, Preparing For 2025 Reset? - Year-End Panel - Holter, Macleod, Schectman
Liberty and Finance: 12-30-2024
In this 2024 year end panel discussion featuring Andy Schectman, Alasdair Macleod, and Bill Holter, the tone is starkly cautionary as they analyze the fragile state of global financial markets.
The conversation highlights a rapidly deteriorating situation where the dollar is on a "slippery slope" and market dynamics show, among the insiders, an overwhelming number of sellers compared to buyers.
Schectman, Macleod, and Holter point out that, while gold has made significant gains, investor enthusiasm remains low, with the public continuing to unload assets while institutional investors quietly buy.
They all agree that the real economy is slowing down, with the ominous possibility of a 2025 downturn resembling the Great Depression of 1929.
The trio also emphasizes the risks facing the banking system, which is attempting to de-risk itself, but is still vulnerable to a larger collapse.
INTERVIEW TIMELINE:
0:00 Intro
2:41 2024 takeaways
8:30 Secret central bank gold buying
15:05 Insider selling
19:00 Global credit bubble
30:45 Retail market update
44:29 2025 look ahead
News, Rumors and Opinions Tuesday 12-31-2024
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. 31 Dec. 2024
Compiled Tues. 31 Dec. 2024 12:01 am EST by Judy Byington
Judy Note: An Economic Collapse was on the horizon for this week. The Stock Market and Bitcoin, which have long been held up by the fiat dollar without gold/asset backing, were both expected to crash. Congress has yet to pass a budget and was due to shut down by Dec. 31 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. 31 Dec. 2024
Compiled Tues. 31 Dec. 2024 12:01 am EST by Judy Byington
Judy Note: An Economic Collapse was on the horizon for this week. The Stock Market and Bitcoin, which have long been held up by the fiat dollar without gold/asset backing, were both expected to crash. Congress has yet to pass a budget and was due to shut down by Dec. 31 2024.
What is going on? Could this change of dates and closure of government agencies have anything to do with the Global Financial crash and pending EBS?
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Global Currency Reset: (Rumors)
Mon. 30 Dec. 2024 TNT: The Green Light has (allegedly) been given. On Fri. 27 Dec. people were (allegedly) being paid. Chase Bank said window opened at 5pm on Sat. 28 Dec. and Event is supposed to occur between 4 and 5 on Sun. 29 Dec. On Mon. 30 Dec. they said the countries (allegedly) got their monies. The banks have not finished their internal transfers. Iraq won’t have any US Dollars after Jan. 1 2025 so they have to release the rates internationally before then. In the Iraqi News everyone is saying that this is (allegedly) over on Tues. 31 Dec.
Sun. 29 Dec. 2024 Wolverine: “Guys due to my NDA on a certain platform I cannot talk about it but I can tell you that finally God has listen to us and this time it’s not disinformation. Just get prepared everyone because this time it’s coming. I’m extremely overwhelmed because not because they said this or that it’s because these people have been waiting for something and at long last it has arrived. Please pray and stay in faith. 2025 is going to be a year full of blessings for mankind. All protocols have(allegedly) been met and everything is ready to go. We just have to wait for the GO sign. I’m expecting the 1 or the 2nd of January. I’ve had many on a conference call and they all said that we are about to go anytime right now and many are pointing to the 1st and 2nd of January 2025. Not long to go guys. God bless.”
Sat. 28 Dec. 2024 TNT Tony: “The green light has been given once again and bankers have a window.”
Sun. 29 Dec. 2024: The CBI has (allegedly) canceled it’s 20 years controversial auction. Now correspondent banks and exchange currencies companies who adopted the new system and were connected with US banks will (allegedly) do the transactions. The CBI will be back on Tues. 7 Jan. 2025 after the Revaluation, when people will only be able to deposit Dinar.
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Global Financial Crisis:
The crypto market is buzzing after BlackRock, the world’s largest asset manager, reportedly moved 1,870 BTC worth $188.7 million to new wallets. This transaction, one of the largest sell-offs in recent history, occurred just 10 hours ago, leaving investors questioning the motive and the future of Bitcoin. https://www.binance.com/en/square/post/18169266231249
Bitcoin Founder: “I did not design or make Bitcoin, the three letter agencies did and used my name.” https://www.facebook.com/share/r/1BfYjs1Vz6/
Read full post here: https://dinarchronicles.com/2024/12/31/restored-republic-via-a-gcr-update-as-of-december-31-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The television is showing the auctions are now ended after 20 years. FRANK: Are they saying it has officially ended or are they saying it's going to end on the 31st? FIREFLY: Saying it ended after 20 years. FRANK: Then that means Sudani can keep his promise and show them the lower notes before the end of the year. But he's running out of time.
Militia Man Article: "The Central Bank of Iraq pursuant to its law 56 of 2004 as amended is responsible for determining the categories of Iraqi banknotes paper and metal, their measurements and their shapes, printing paper notes and minting metal coins." What's not normal about this...is they don't have any coins. They don't have any metals. Why are they talking about it now, today? That's powerful...If that 'mechanism' is now changed as Saleh says, that mechanism means there's going to have to be significant change...That means the value of the exchange rate is going to change. You don't need coins at an exchange rate of 1310. It doesn't work that way. The value has to be there.
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The Fed's Hidden Move just Ended the Reverse Repo Facility
Heresy Financial: 12-30-2024
TIMECODES
0:00 This officially drains the Reverse Repo Facility
0:27 Why and how the Fed made this change
3:07 How the Fed Incentivized Cash into Reverse Repo
6:11 Where the excess cash will go next
6:38 Why now?
Seeds of Wisdom RV and Economic Updates Tuesday Morning 12-31-24
Good Morning Dinar Recaps,
XRP, HBAR, XLM, AND OTHER UTILITY-BASED NETWORKS SHAPING THE FUTURE OF FINANCE
▪️XRP, Stellar, and Hedera are reshaping global finance and driving utility.
▪️These platforms are now gaining mass attention for their roles in various industries.
The adoption of utility-based protocols like Ripple’s linked XRP, Hedera (HBAR), and Stellar (XLM) is gaining momentum. According to entrepreneur and writer Max Avery, these networks are driving transformation in the global financial system.
Good Morning Dinar Recaps,
XRP, HBAR, XLM, AND OTHER UTILITY-BASED NETWORKS SHAPING THE FUTURE OF FINANCE
▪️XRP, Stellar, and Hedera are reshaping global finance and driving utility.
▪️These platforms are now gaining mass attention for their roles in various industries.
The adoption of utility-based protocols like Ripple’s linked XRP, Hedera (HBAR), and Stellar (XLM) is gaining momentum. According to entrepreneur and writer Max Avery, these networks are driving transformation in the global financial system.
The Role of Utility-Based Networks In Financial Systems
In a series of X posts, Avery highlighted the role of utility-based networks in the financial system. The analyst pointed out the contributions of experts like Hiromi Yamaoka, a former official at the IMF, in pursuit of an effective financial system.
According to Avery, Yamaoka has developed frameworks to promote collaboration between central banks and private firms.
This collaboration combines the technological efficiency of private companies with the trust and control of Central banks. Private companies like Constellation, Hedera, Stellar, and Ripple aim to innovate with programmable solutions. On the other hand, Central banks offer supervision and issue stable assets, such as Central Bank Digital Currencies (CBDCs).
"This is done by a joint effort. Central banks issue stable assets, like CBDCs, and provide oversight. Private entities, like Ripple, Stellar, Hedera, and Constellation, seek to innovate with programmable solutions. This partnership combines banks’ trust and control with private…"
— Max Avery (@realMaxAvery) December 29, 2024
XRP is a vital component of institutional finance as it allows instantaneous and cheaper cross-border payments. Additionally, it eliminates the need for pre-funded accounts and offers instantaneous currency bridging and on-demand liquidity.
Avery described the XRP Ledger (XRPL) as more than a payment system. He highlighted the blockchain’s function in tokenizing assets such as real estate and carbon credits. Moreover, the XRPL has a decentralized exchange for direct asset trading and possesses lightweight smart contracts via Hooks to expand its utility.
Also, XRPL distinguishes itself from other blockchains in terms of energy efficiency. Unlike Bitcoin mining, XRPL utilizes a consensus mechanism that’s faster, greener, and scalable. It demonstrates that innovation in finance is possible without compromising the environment, providing a sustainable way forward.
Like XRP, Stellar’s native token, XLM aims for financial inclusion. The network charges less for small transactions and supports scalable private CBDCs. At the same time, it helps the underbanked and enables global economic access.
Hedera, another popular utility-based network, is also shaping the future of financial systems. Hedera’s native asset, HBAR, enables low-cost, high-speed transactions and supports Decentralized Applications (dApps).
Additionally, HBAR is utilized for staking, which supports network governance and security. It provides an effective and scalable solution for a range of financial services.
Complementary Networks
Intriguingly, these networks are complementary to one another. For instance, while XRP transforms institutional finance, XLM ensures access for all. They address the entire financial spectrum, creating a complete solution for modern financial systems.
Meanwhile, the adoption of utility-based networks is gaining momentum. Specifically, Ripple’s partnerships with banks are growing, as CNF reported. This development highlights Ripple’s growing integration into the global financial system.
As regulation improves, Avery believes adoption will skyrocket.
Avery concluded that the future of utility is unfolding, contrary to some people’s opinions.
“These networks are leading the shift by blending their advanced technology with real-world utility. It’s the present, taking shape in real-time, whether people want to believe it or not,” he noted.
@ Newshounds News™
Source: Crypto News Flash
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BRICS NEWS: 2 COUNTRIES SETTLE $37 BILLION TRADE IN LOCAL CURRENCIES
BRICS member Russia is aggressively pushing the de-dollarization agenda by making developing countries settle trade in local currencies. Russian President Vladimir Putin is convincing emerging economies to ditch the US dollar and push local currencies for cross-border transactions. The move will strengthen their native economies and give their local currencies a boost in the forex markets.
Russia is successfully bypassing US sanctions and keeping its economy afloat by making other countries ditch the US dollar. The development is hurting the US more as emerging economies as seriously considering advancing the de-dollarization initiative.
BRICS: Russia & Belarus Settle Trade Worth $37 Billion in Local Currencies
In 2024 alone, BRICS member Russia has settled trade worth $37 billion with Belarus using local currencies. The trade between the two nations surged 8.4% this year indicating that de-dollarization could soon be the norm. Developing countries are cutting ties with the US dollar and pushing local currencies to become the main source of all transactions.
The next few years could change the way the US operates the global financial order. BRICS is looking to create a paradigm shift with an alternate economy leaving the US behind. Local currencies could soon be accepted by like-minded countries who aim to topple the US dollar from the world’s reserve.
“Growing trade turnover indicators are clear evidence of the efficiency of the Russian-Belorussian integration. Alexander Grigoryevich (Belarus President) already shared his expectations for this year’s numbers. This forecast, I believe, is right on the money. According to our statistics, trade grew by 8.4% from January to September, topping $37 billion. By the end of the year, it will likely approach the figures President Lukashenko projected,” said Russian President Vladimir Putin.
@ Newshounds News™
Source: Watcher Guru
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Thank you Dinar Recaps
“Tidbits From TNT” Tuesday Morning 12-31-2024
TNT:
Tishwash: 40 trillion dinars is Iraq's internal debt.. Does the government have the "key" to repay it?
Member of the Parliamentary Finance Committee, Jamal Kojer, revealed Iraq’s internal debts, which exceeded 40 trillion dinars.
Kocher told {Euphrates News} that: "Regarding Iraq's internal debts, the numbers speak of more than 40 trillion, and the majority of the debts belong to the government banks, Rafidain, and TBI."
He added, "The government is now able to pay these debts if it opts for withdrawing them from the bank reserve. " Kocher stressed "the need to schedule debt repayment as a result of the banks' role parallel to the government's role in providing job opportunities and supporting the private sector."
TNT:
Tishwash: 40 trillion dinars is Iraq's internal debt.. Does the government have the "key" to repay it?
Member of the Parliamentary Finance Committee, Jamal Kojer, revealed Iraq’s internal debts, which exceeded 40 trillion dinars.
Kocher told {Euphrates News} that: "Regarding Iraq's internal debts, the numbers speak of more than 40 trillion, and the majority of the debts belong to the government banks, Rafidain, and TBI."
He added, "The government is now able to pay these debts if it opts for withdrawing them from the bank reserve. " Kocher stressed "the need to schedule debt repayment as a result of the banks' role parallel to the government's role in providing job opportunities and supporting the private sector."
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, announced that Iraq has exited the risks of external debts, and that (Iraq) is a well-fortified country.
He stressed that the ratio of debts to the gross domestic product does not constitute a burden on the state, as it amounts to (5) percent of the gross domestic product, and is confined within the (government banking) system. link
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Tishwash: Sudanese advisor reveals government's philosophy for future of national economy
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed the government’s philosophy for the future of the national economy, represented by the idea of establishing a sovereign wealth fund.
Saleh told {Euphrates News} that: "The initiation of the idea of a sovereign wealth fund is essential and is consistent with the renaissance of natural resources and undoubtedly comes in parallel with the development path strategy and its outcomes in generating a leading industrial renaissance in the national economy.
This is Iraq's outline in building the future of its economy for the twenty-first century and in two directions {the export-oriented development model and the other, and the development model directed towards maximizing the input-output tables and replacing imports within the national economy}.
He added, "Therefore, the sovereign wealth fund will adopt a vision that expresses the strength and basis of the interconnections between the outputs of national wealth from natural resources and the inputs of the production function in the national economy, which requires another model in managing sovereign wealth funds directed towards the interior."
Saleh explained that "the sovereign fund will work to accelerate the diversification of the three basic sectors, which are the manufacturing industry, agriculture and services, in an advanced digital age. This is what the government program aspires to in its philosophy for the future of the national economy, which did not neglect the idea of partnership between state activity and market activity in sustainable development." link
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Tishwash: Al-Sudani starts 2025 with a visit to Iran
An informed source revealed on Monday that Prime Minister Mohammed Shia al-Sudani will begin a visit to Iran at the end of next week, to discuss developments in the region .
The source told Shafaq News Agency that Al-Sudani will discuss several files with Iranian leaders, most notably the recent developments in Syria .
Al-Sudani had made several visits to countries in the region after the fall of Bashar al-Assad's regime, including Jordan and Saudi Arabia, where he discussed security issues with the leaders of these countries. Iraq also participated in the Aqaba Conference held in Jordan, with the participation of several countries, including the United States .
Iranian President Masoud Pezeshkian visited Iraq on September 11, and made a three-day tour that included Baghdad, Erbil, Sulaymaniyah, Najaf, Karbala and Basra .
On May 22, Al-Sudani also visited Tehran to participate in the funeral of Iranian President Ebrahim Raisi, who was killed in a plane crash .
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Mot: These Life Changing Decisions - Still Plaguing Me They is!
Mot: ... New Years Eve - As Ya ""Season""
Mot: YEPPERS!!! ~~~~ Staying up for new years eve
“Tidbits From TNT” Monday 12-30-2024
TNT:
Tishwash: Economic Advisor: Our country is ranked ninth in the world in natural resources
The economic advisor to the Prime Minister, Mazhar Mohammed Salih, said, “What the economic policy in our country aspires to is thinking outside the box and providing sustainability in the current account surplus of the Iraqi balance of payments.”
He added, “This comes through investment expansion in natural resources, manufacturing them, and preparing them for export, which provides returns that help establish a sovereign wealth fund.”
TNT:
Tishwash: Economic Advisor: Our country is ranked ninth in the world in natural resources
The economic advisor to the Prime Minister, Mazhar Mohammed Salih, said, “What the economic policy in our country aspires to is thinking outside the box and providing sustainability in the current account surplus of the Iraqi balance of payments.”
He added, “This comes through investment expansion in natural resources, manufacturing them, and preparing them for export, which provides returns that help establish a sovereign wealth fund.”
Saleh pointed out in a press statement followed by (Al-Masry - Today, Sunday), that "the most appropriate model is to generate a sovereign wealth fund {directing its investments towards internal opportunities} and according to a different vision; because our country is ninth in the world in terms of the diversity of its natural resources in the earth's interior and first in the world in terms of the concentration of wealth in one square kilometer." link
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Tishwash: Central Bank records 'significant growth' in Iraq's gold reserves
The Central Bank announced, on Sunday, that it recorded a significant growth in the country's gold reserves, while it considered the inflation rates in Iraq to be the lowest in the region during the months of August and September, of the year 2024, which is about to end.
This came in a statement issued by the bank regarding the positive indicators it achieved for the third quarter of 2024 compared to the same quarter in 2022 and 2023, considering that this reflects the success of the monetary policy adopted by the bank during 2024.
The Central Bank of Iraq confirmed that the total deposits in banks operating in Iraq recorded a growth of (4.2%) in the third quarter of 2024, as their value amounted to (127.6) trillion dinars, compared to their value of (122.4) trillion dinars in the third quarter of 2023. In contrast, the cash credit granted by public banks recorded a growth of (11.6%) in the third quarter of 2024, as its value amounted to (72.7) trillion dinars, compared to its value of (65.1) trillion dinars in the third quarter of 2023.
The bank stated that deposits in private banks operating in Iraq recorded a growth of (14%) in the third quarter of 2024, as their value amounted to (18.7) trillion dinars, compared to their value of (16.4) trillion dinars in the third quarter of 2023. In contrast, cash credit granted by private banks achieved a growth of (15.1%) in the third quarter of 2024, as its value amounted to (12.2) trillion dinars, compared to its value of (10.6) trillion dinars in the third quarter of 2023, noting that these rates reflect the increased confidence of economic units in private banks operating in Iraq.
The statement added that private sector deposits in banks operating in Iraq recorded a growth of (3%) in the third quarter of 2024, as their value amounted to (56.1) trillion dinars, compared to their value of (54.4) trillion dinars in the third quarter of 2023, indicating that cash credit granted to the private sector by banks operating in Iraq achieved a growth of (8.6%) in the third quarter of 2024, as its value amounted to (42.8) trillion dinars, compared to its value of (39.4) trillion dinars in the third quarter of 2023, stressing that this increase reflects the increased confidence of the private sector in banks operating in Iraq.
The bank revealed that the narrow money supply in Iraq recorded a growth of (4.1%) in the third quarter of 2024, as its value reached (158.6) trillion dinars, compared to its value of (152.4) trillion dinars in the third quarter of 2023. In contrast, the broad money supply in Iraq recorded a growth of (3.3%) in the third quarter of 2024, as its value reached (179.8) trillion dinars, compared to its value of (173.9) trillion dinars in the third quarter of 2023.
He added that the gold reserves of the Central Bank of Iraq recorded a significant growth of (57%) in the third quarter of 2024, as their value reached (16.8) trillion dinars, compared to their value of (10.7) trillion dinars in the third quarter of 2023.
The Central Bank noted that the annual inflation rates in Iraq are among the lowest annual inflation rates in the countries of the region for the months of August and September of 2024, as the rest of the percentage is acceptable at (3.7%) and (3.1%) respectively, which reflects price stability and the success of monetary policy in Iraq. link
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Tishwash: The Central Bank announces the positive indicators achieved in the third quarter of 2024
The Central Bank of Iraq announced, today, Sunday, the positive indicators achieved in the third quarter of 2024.
A statement by the bank, received by the Iraqi News Agency (INA), stated that "the total deposits in banks operating in Iraq recorded a growth of (4.2%) in the third quarter of 2024, as their value amounted to (127.6) trillion dinars, compared to their value of (122.4) trillion dinars in the third quarter of 2023, while cash credit granted by public banks recorded a growth of (11.6%) in the third quarter of 2024, as its value amounted to (72.7) trillion dinars, compared to its value of (65.1) trillion dinars in the third quarter of 2023."
The bank stated that "deposits in private banks operating in Iraq recorded a growth of (14%) in the third quarter of 2024, as their value amounted to (18.7) trillion dinars, compared to their value of (16.4) trillion dinars in the third quarter of 2023, while cash credit granted by private banks achieved a growth of (15.1%) in the third quarter of 2024, as its value amounted to (12.2) trillion dinars, compared to its value of (10.6) trillion dinars in the third quarter of 2023," noting that "these rates reflect the increased confidence of economic units in private banks operating in Iraq."
He added, "Private sector deposits in banks operating in Iraq recorded a growth of (3%) in the third quarter of 2024, as their value amounted to (56.1) trillion dinars, compared to their value of (54.4) trillion dinars in the third quarter of 2023," indicating that "cash credit granted to the private sector by banks operating in Iraq achieved a growth of (8.6%) in the third quarter of 2024, as its value amounted to (42.8) trillion dinars, compared to its value of (39.4) trillion dinars in the third quarter of 2023, stressing that this increase reflects the increased confidence of the private sector in banks operating in Iraq."
The bank revealed, according to the statement, that "the narrow money supply in Iraq recorded a growth of (4.1%) in the third quarter of 2024, as its value reached (158.6) trillion dinars, compared to its value of (152.4) trillion dinars in the third quarter of 2023, while the broad money supply in Iraq recorded a growth of (3.3%) in the third quarter of 2024, as its value reached (179.8) trillion dinars, compared to its value of (173.9) trillion dinars in the third quarter of 2023."
He added, "The gold reserves of the Central Bank of Iraq recorded a significant growth of (57%) in the third quarter of 2024, as their value amounted to (16.8) trillion dinars, compared to their value of (10.7) trillion dinars in the third quarter of 2023," stressing that "the annual inflation rates in Iraq are among the lowest annual inflation rates in the countries of the region for the months of August and September of 2024, as the rate remained acceptable at (3.7%) and (3.1%) respectively, and this reflects price stability and the success of monetary policy in Iraq." link
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Tishwash: Iranian source to Baghdad Today: Al-Sudani to visit Tehran soon
A responsible source in the Iranian presidential office revealed, today, Sunday (December 29, 2024), an upcoming visit by Iraqi Prime Minister Mohammed Shia al-Sudani to the capital, Tehran.
The source said in an interview with Baghdad Today, "Al-Sudani will visit Tehran, and this visit is likely to be in the first half of January 2025, and we are coordinating with the Iraqi side regarding this visit."
He pointed out that "the visit of Al-Sudani and the accompanying ministerial delegation will focus on the situation in the region, especially in Syria after the fall of President Bashar al-Assad's regime at the hands of extremist groups on December 8."
Al-Sudani's last visit to Tehran was on May 22, to participate in the funeral of the late Iranian President Ebrahim Raisi, who was killed in the crash of his presidential plane in northwestern Iran on the 19th of the same month.
On September 11, Iranian President Masoud Pezeshkian visited Iraq for a three-day visit during which he met with officials in Baghdad. He then went to Erbil, Sulaymaniyah, Najaf, and Karbala, concluding his visit in Basra Governorate in the far south of Iraq. link
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Mot: Men are so Simple
Mot: and Yet another ""Marital Tip"" frum ole ""Mot""
News, Rumors and Opinions Monday 12-30-2024
Ariel: Iraqi Dinar Auctions are No More
12-30-2024
Game. Set. Match.
Ladies & Gentlemen
Start Your Engines
Ariel: Iraqi Dinar Auctions are No More
12-30-2024
Game. Set. Match.
Ladies & Gentlemen
Start Your Engines
Majeed: No more auction anymore …It is done …..Ding dong … the auction’s Witch is gone ……Ding dong … the auction is done…. they adopted the new financial system
“The matter has been settled.. Iraq will no longer offer its precious dollars in the controversial dollar auction, or what was called the foreign currency sales window and the electronic platform. After 20 years since the start of this procedure, Ammar Khalaf, Deputy Governor of the Central Bank, confirmed in a statement to the 964 Network that the dollar platform has become closed in compliance with the date set by the governor to close it at the end of 2024.
Khalaf denied all rumors about the possibility of extending the platform's work, and spoke with great positivity, reassuring the market and consumers that the overwhelming majority of traders have already adapted to the new system in which the Central Bank does not provide direct dollars to traders. But what will happen?!
Brothers Technology: Iraqi Citizens you’re hours away from your NEW LIFE LOVE YOU’LL God Bless Importance of Currency Auctions ending….. “Under the new system Traders will have to deposit their money in DINARS in IRAQI BANKS THAT HAVE ENTERED PARTNERSHIPS FOREIGN BANKS ====== International DINAR WHICH NEEDS A INTERNATIONAL EXCHANGE RATE!!!!!!!!!
https://dinarchronicles.com/2024/12/29/ariel-prolotario1-iraqi-dinar-auctions-are-no-more/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man We have numerous articles...from Alaq from as far back as 2023, specifically saying this year they will cease the auctions. That would be by the end of the year. This isn't something new. They've been warned. It's coming to fruition.
Frank26 What is Article 12 of the IMF? The rate. That's exactly what it is...The IMF demands a country has a currency that can move in and out of the country. The IMF demands all currencies around the world have the ability to go into this country and also exit. That's article VIII. Article VIII is the freedom of that nation's currency to move in and out and other foreign currencies that are in there as well too. Article VIII removes all restrictions...We're way past Article VIII. We're at Article 14...Implementation of the new exchange rate.
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Most Dangerous Time Since WW2: Can Disaster In 2025 Be Prevented? | Steve Hanke
David Lin: 12-29-2024
Steve Hanke, Professor of Applied Economics at Johns Hopkins University, discusses the biggest economic themes and coming changes of 2025.
0:00 - Intro
1:30 - Economic outlook for 2025
9:00 - Bitcoin Strategic Reserve
17:30 - Changing crypto regulations
21:30 - Preventing a slowdown?
28:00 - Fed and inflation
33:45 - Tariffs and inflation
39:00 - Bond market
41:00 - Overpriced, overvalued, overhyped
Seeds of Wisdom RV and Economic Updates Monday Morning 12-30-24
Good Morning Dinar Recaps,
BRICS NEWS: DE-DOLLARIZATION WILL CONTINUE FASTER UNDER TRUMP’S WATCH
President-elect Donald Trump threatened BRICS countries of imposing 100% tariffs on goods entering the US if they pursue the de-dollarization agenda. The rhetoric came even before he officially took office indicating that a trade war would commence during his four-year tenure. Developing countries are guarding their economies against sanctions, as the White House has been imposing them for more than a decade.
Good Morning Dinar Recaps,
BRICS NEWS: DE-DOLLARIZATION WILL CONTINUE FASTER UNDER TRUMP’S WATCH
President-elect Donald Trump threatened BRICS countries of imposing 100% tariffs on goods entering the US if they pursue the de-dollarization agenda. The rhetoric came even before he officially took office indicating that a trade war would commence during his four-year tenure. Developing countries are guarding their economies against sanctions, as the White House has been imposing them for more than a decade.
The Director of the Institute of Social Sciences, Ash Narain Roy, said that Trump’s threats to BRICS will not work. Roy explained that Trump is carried away by his victory and is unable to see the ground below his feet. Emerging economies have progressed even after ending dependency on the US dollar as their local currency is gaining prominence. The de-dollarization initiative started by BRICS will continue even in the Trump era, he said.
BRICS: Trump Carried Away by Victory, De-Dollarization To Continue
Roy stressed that Trump’s 100% tariff threats will not affect any country but will directly harm the US. If exporters pay 100% tariffs, they will hike the prices, and US importers will place the surge on the consumers. It is the end user who will eventually fit the bill leading to inflation. BRICS will not back down on de-dollarization but could continue the process faster under Trump.
“He has views on everything and exchange views and all that. So not taking it seriously at all,” said Roy. The expert also called Trump’s rhetoric empty. “This will not affect any country,” he added.
The BRICS alliance made it clear that the de-dollarization agenda remains their long-term goal. The bloc will not slow down if Trump takes office but will fast-track the process. The sanctions and threats led to the de-dollarization agenda taking shape in the first place. If Trump’s rhetoric on trade and tariffs grows, developing countries will only side with BRICS to protect their economies.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
DIGITAL IDS AND FINANCIAL SERVICES COLLABORATION STRENGTHEN PROACTIVE FRAUD PREVENTION
As payments become faster, fraudsters hide behind anonymity or concoct identities that seem legitimate, and then scam banks, merchants and individuals out of their money.
Among the most effective ways of stopping would-be criminals in their tracks is using advanced technologies and collaboration to spot red flags before the money ever leaves an account — to take action, in other words, upstream.
Data — from continuous verification to location to device-level details — is critical, and real-time analysis can help block fraudulent transactions.
In the United Kingdom, language contained in the November release of the government’s National Payments Vision noted: “For open banking to scale and help deliver more competition and innovation in the market, it needs to transition to a sustainable long-term regulatory framework.”
“The U.K. has put in place strong consumer protections for fraud, including through reimbursement of authorized push payment fraud as mandated by the Payment Systems Regulator,” the Treasury added in the whitepaper. “While this regime provides a critical safety net for consumers, it introduces new risks for firms to manage.”
Four financial authorities in the U.K. said last week that they are working to improve their cooperation and will revise their agreement as the government pursues its National Payments Vision. The financial regulators include the Bank of England, the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Payment Systems Regulator (PSR).
Increased Embrace of Digital Payments
In discussion of the overall shift to digital, stats cited in the paper detailed that contactless payments have increased from 3% of all transactions in 2015 to 38% in 2023, and digital wallets have gained in popularity.
The PYMNTS Intelligence report “Digital Wallets Beyond Financial Transactions: U.K. Edition” found that 77% of U.K. consumers have at least one digital wallet, and 44% of consumers online conduct commerce via digital wallet transactions.
To get a sense of the financial impact, banks and financial services firms in the U.K. are required to reimburse the victims of authorized push payment (APP) fraud up to 85,000 pounds (about $106,000). APP fraud cost U.K. residents $433 million in 2023.
@ Newshounds News™
Read more: Pymnts
~~~~~~~~~
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Thank you Dinar Recaps
More News, Rumors and Opinions Sunday PM 12-29-2024
TNT:
Tishwash: Goodbye dollar auction.. Central Bank announces the end of 20 years of billions and suspicions
The matter has been settled.. Iraq will no longer offer its precious dollars in the controversial dollar auction, or what was called the foreign currency sales window and the electronic platform.
After 20 years since the start of this procedure, Ammar Khalaf, Deputy Governor of the Central Bank, confirmed in a statement to the 964 Network that the dollar platform has become closed in compliance with the date set by the governor to close it at the end of 2024.
TNT:
Tishwash: Goodbye dollar auction.. Central Bank announces the end of 20 years of billions and suspicions
The matter has been settled.. Iraq will no longer offer its precious dollars in the controversial dollar auction, or what was called the foreign currency sales window and the electronic platform.
After 20 years since the start of this procedure, Ammar Khalaf, Deputy Governor of the Central Bank, confirmed in a statement to the 964 Network that the dollar platform has become closed in compliance with the date set by the governor to close it at the end of 2024.
Khalaf denied all rumors about the possibility of extending the platform’s work, and spoke with great positivity, reassuring the market and consumers that the overwhelming majority of traders have already adapted to the new system in which the Central Bank does not provide direct dollars to traders. But what will happen?!
The sale of the dollar was a mechanism adopted by the Iraqi government after 2003 during the era of Governor Sinan Al-Shabibi, for several goals mentioned in a study by the bank official, Dr. Walid Aidi Abdul Nabi , including controlling the exchange rate and raising the purchasing power of those with limited incomes, among others. It aims to provide hard currency to traders in order to finance their imports of goods from abroad, but the idea was later subject to much skepticism and suspicion, and the auction became one of the most frequently mentioned files in discussions about corruption, fictitious import invoices, and currency smuggling to neighboring countries, among others.
According to the new system after the window closes, traders will have to deposit their money in dinars in Iraqi banks that have entered into partnerships with foreign banks (called correspondent banks). These correspondent banks with American banks will undertake all verification and compliance procedures, while the Central Bank will only be tasked with strengthening the dollar balances in the accounts of banks that are able to pass all these procedures.
Many experts believe that this step has relieved the Central Bank of responsibility for any potential manipulation of invoices or attempts to smuggle currency, and the Central Bank has thus protected itself from any potential American sanctions with their dangerous implications for the country’s economy.
Khalaf said, “The date for closing the platform is fixed, it will not change and will not be extended. The banks have been preparing since the beginning of this year when Governor Ali Al-Alaq announced his intention to close the platform.”
According to Khalaf, “transfers are made by strengthening the balances of Iraqi banks, and 97% of transfers are now made according to the new mechanism. This will be noticeable during the first days of the new year, as the Central Bank’s transfers to banks that are operating at full capacity will not change by strengthening the balances with correspondent banks.” However, he left the door open to the possibility of a very slight and ineffective decline in the Central Bank’s sales.
He pointed out that “the majority of banks in Iraq have correspondent banks and have been operating according to the new mechanism since the beginning of this year, and traders will not face any problem unless their money is in banks without correspondent banks.” link
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 This is extremely important you understand this. It is projected at the end of this month on the 31st that the auctions will come to an end. Therefor the next day the citizens of Iraq will be looking for something to use. They will demand a dollar because that's all they know and they will be rejected. The demand for the dollar will increase. The black market value will increase for the dollar (which is not official, which has no meaning, no value to the CBI). But for at least maybe until the 7th. Why? Because on the 7th Sudani has ordered parliament to finish and sign off everything on the budget. If not he'll take care of it...One week of bubble. That makes sense. I like it.
Militia Man Article quote: "Issuing money can help provide the economy with liquidity which can prove economic growth and innovation." Sounds about where Iraq is headed, right? However, if not managed carefully the government's directly issuing can lead to inflation." Inflation is the consequence of not playing by the rules as we all know. Why would Alaq be talking about this? ...The exchange rate change is likely to be coming because they're going to have something that supports the ability to do all of this and they have the United States...and the coalition on board for it and you probably have the Bank of International Settlements...World Bank...IMF...UN...okay with it [too].
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Success of the monetary reform 2024
Nader: 12-29-2024
Get As Much Silver As Possible - Here's Why | Jon Forrest Little
Liberty and Finance: 12-28-2024
Historian and precious metals expert Jon Forrest Little discusses the historical significance of gold and silver as money, the current state of the monetary system, and the implications of fiat currency.
He emphasizes the importance of precious metals as a hedge against economic instability and shares insights on the current precious metal market, advocating for the accumulation of silver as a strategic investment.
The discussion also touches on the broader economic landscape, including the hollowing out of the U.S. economy and the potential future of fiat currencies.
INTERVIEW TIMELINE:
0:00 Intro
1:20 Monetary history & today
14:13 When will the Dollar collapse?
22:40 Using silver as money
27:38 Metals in 2025
BRICS Economies to Surpass Half of Global GDP, Challenging Western Dominance
BRICS Economies to Surpass Half of Global GDP, Challenging Western Dominance
Geopolitical Analyst: 12-28-2024
In recent years, the BRICS nations—Brazil, Russia, India, China, and South Africa—have emerged as formidable players in the global economic landscape.
With a collective GDP that is on track to surpass 50% of the world’s economic output in the next 10 to 15 years, as projected by Russian Deputy Prime Minister Alexander Novak, the BRICS bloc is rapidly reshaping the dynamics of international trade and finance.
Novak’s optimistic outlook is underscored by the significant economic weight these nations carry. As of 2024, BRICS economies account for an estimated 37.3% of global GDP based on purchasing power parity (PPP), eclipsing the G7’s 30%.
BRICS Economies to Surpass Half of Global GDP, Challenging Western Dominance
Geopolitical Analyst: 12-28-2024
In recent years, the BRICS nations—Brazil, Russia, India, China, and South Africa—have emerged as formidable players in the global economic landscape.
With a collective GDP that is on track to surpass 50% of the world’s economic output in the next 10 to 15 years, as projected by Russian Deputy Prime Minister Alexander Novak, the BRICS bloc is rapidly reshaping the dynamics of international trade and finance.
Novak’s optimistic outlook is underscored by the significant economic weight these nations carry. As of 2024, BRICS economies account for an estimated 37.3% of global GDP based on purchasing power parity (PPP), eclipsing the G7’s 30%.
The collective output of BRICS not only surpasses that of the G7 in purchasing power terms, but it also reflects the burgeoning potential of its member nations—particularly China, which represents 19.05%, and India, contributing 8.23%.
While the G7 still leads in nominal GDP with a share of approximately 44%, BRICS holds a commendable 28%. However, the trajectory indicates a potential shift as the combined influence of BRICS continues to expand. This upward trend positions BRICS as key drivers of global economic growth, capable of sustaining robust development and investment opportunities.
A pivotal moment for BRICS occurred in 2024, when it expanded its membership to include Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE). This enlargement not only amplifies BRICS’ global energy influence—given the oil-producing capabilities of Saudi Arabia and the UAE—but also enhances its geopolitical presence by incorporating countries from the Middle East and Africa.
The addition of these diverse nations brings strategic advantages, such as Iran’s energy resources and trade links, as well as a stronger African representation through Egypt and Ethiopia. This shift reflects BRICS’ intention to challenge the hegemony of Western-dominated economic institutions and to provide a platform for the voices of the Global South.
The ongoing growth and evolution of BRICS signal a potential reshaping of global governance structures. The group’s increasing economic and geopolitical clout allows it to push for reforms in international financial institutions that have traditionally favored Western nations. Russian President Vladamir Putin, during the BRICS Business Forum in October, articulated that BRICS will be a central player in the generation of global GDP in the foreseeable future.
The rebalancing of power dynamics calls for a reexamination of international relations. As BRICS expands, it not only represents economic collaboration but also serves as a counterbalance to the geopolitical narratives dominated by the West.
However, this shift towards a multipolar world comes with its own set of challenges. Geoeconomic risks are inherent in the transformations of global power structures, as shifts in geopolitics can be influenced by various factors, including technological advancements, demographic changes, environmental issues, and political movements.
The ongoing globalization has seen emerging markets like China, India, and Brazil rise to prominence, reshaping traditional economic relationships. While Germany and other developed nations may benefit from this evolving landscape, there remains an underlying tension.
Politicians often seek to maintain the status quo, occasionally stifling progress to uphold the illusion of stability and security. Such actions can lead to disruptions that amplify existing inequalities and create instability in global markets.
As the BRICS nations continue to expand their influence, they are poised to play a transformative role in the global economy. With their vast populations, resource-rich territories, and potential for sustainable growth, BRICS is increasingly becoming a significant player on the world stage.
While the journey toward a multipolar world is fraught with challenges, the trajectory suggests a promising future for BRICS as it endeavors to reshape global governance, promote inclusive growth, and amplify the voices of developing nations.
The coming years will undoubtedly witness the unfolding of this new economic narrative, highlighting the imperative for adaptive strategies in an ever-evolving global landscape.