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More News, Rumors and Opinions Wed. PM 6-11-2025
KTFA:
Clare: BREAKING: The State Department is preparing to order the departure of all nonessential personnel from the U.S. Embassy in Baghdad due to the potential for regional unrest, two U.S. officials said.
US prepares to order departure of all nonessential staff from Baghdad embassy, officials say
Associated Press: June 11, 2025
KTFA:
Clare: BREAKING: The State Department is preparing to order the departure of all nonessential personnel from the U.S. Embassy in Baghdad due to the potential for regional unrest, two U.S. officials said.
US prepares to order departure of all nonessential staff from Baghdad embassy, officials say
Associated Press: June 11, 2025
https://x.com/ap/status/193286.....45610?s=61
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Clare: The Central Bank of Iraq announces the latest statistics on its foreign exchange reserves.
6/11/2025
The Central Bank of Iraq announced, on Wednesday, an increase in its foreign currency reserves during May 2025.
The bank stated in official statistics, reviewed by Shafaq News Agency, that "the Central Bank's foreign reserves as of May 22 of this year amounted to $98.83 billion, equivalent to 128.479 trillion Iraqi dinars, an increase from May 1, when reserves amounted to $97.943 billion, or the equivalent of 127.326 trillion dinars."
He added, "These reserves also increased from April, when they reached $98.089 billion, equivalent to 127.516 trillion dinars."
The bank indicated that "reserves decreased from last year's 2024 figure of $100.276 billion, or the equivalent of 130.347 trillion dinars, and are also lower than the 2023 figure of $111.736 billion, or the equivalent of 145.257 trillion dinars." LINK
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Clare: The Parliamentary Finance Committee expects the budget tables to reach Parliament soon and an extraordinary session to be held.
6/11/2025
Member of the Parliamentary Finance Committee, Representative Jamal Kojer, expects that the tables of the General Budget Law for the year (2025) will reach the House of Representatives soon.
In a press statement, Kocher indicated that "the arrival of the budget schedules is linked to the government's completion of the official preparation process," stressing "the parliament's readiness to hold an extraordinary session as soon as the schedules are officially received, with the aim of discussing and approving them quickly."
He explained that "the Finance Committee does not expect the session to witness a lengthy or in-depth discussion regarding the new budget schedules, given that they will not witness any fundamental changes compared to last year's budget, which was approved over three years without any significant amendments.
He pointed out that this reflects a clear trend in Parliament towards facilitating the procedures for approving the schedules with the aim of ensuring the rapid activation of financial spending and the continued implementation of projects and services during the remaining period of the year."
Kocher also noted that even if there are some minor amendments to the draft budget, the prevailing trend is to pass the law as it was presented by the government, in order to preserve the stability of the financial and economic process and avoid any delays that could negatively impact government performance and citizens' needs. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Community comment: "There is a rate inside of Iraq, $1.21." To which I say, Bull [ka ka]. You can go to the CBI website and see the rate is not $1.21...They would have to have a change in their market prices. To make such a statement that there's a rate change inside of Iraq only, not outside...is nonsense...They would have to reprice everything in order to reflect the current situation, not 1310 value, which is what is reflected right now...you silly rabbit.
Ingram Iraq is on the Forex market... but not in the same way as major global currencies like the US dollar, Euro or British pound. The IQD is not freely convertible internationally. You can't walk into a bank or forex platform in the United States or Europe and easily trade IQD. Most major Forex brokers do not list the Iraqi dinar for retail trading because it is a non-convertible restricted currency. Its trading is confined mainly to inside Iraq or in niche physical currency exchanges abroad, often for speculative purposes.
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Alex Krainer: The US Banking System is the Key to Challenging the Hegemony
Palisades Gold Radio: 6-11-2025
Tom welcomes Alex Krainer to the show to discuss the importance of investing in commodities like gold and silver as a hedge against inflation and geopolitical instability.
Krainer highlights the manipulation of markets, particularly natural gas, which has been kept artificially low to control food prices.
Krainer discusses the problems created by the modern debt based systems and why these structures need to change for humanity to progress.
He feels the world is heading towards an uncharted period of multi-polarity in currencies.
Krainer emphasizes the need for individuals to build local support networks, as governments may fail to provide adequate assistance during crises.
He advises investors to get to know their neighbors and develop practical solutions to survive challenges like shortages or economic disruptions.
Krainer also touches on his work in trend following and provides resources such as his Substack newsletters and books, which are available for free on his website.
His insights underscore the importance of preparedness and resilience in uncertain times.
Timestamps:
00:00:00 – Introduction
00:00:52 - U.S. Imperial Interests
00:07:02 - Repeatable Cycles?
00:11:43 - A Multi-Polar World?
00:15:48 - Trump's Policies
00:20:25 - Ukraine War Progression
00:24:25 - Wars, Debt System, & Profits
00:30:38 - Framework & Systems
00:37:40 - Reforming Banking
00:48:55 - Central Bank Gold Buying
00:51:56 - Silver's Behavior?
00:54:50 - Trend Analysis & Risks
00:59:44 - Energy, NatGas, Crude Oil
01:02:36 - Concluding Thoughts
Fed's 'Shady' Gold Secrets Spark Audit Bill; A 'Reckoning is Near'
Fed's 'Shady' Gold Secrets Spark Audit Bill; A 'Reckoning is Near'
Daniela Cambone: 6-11-2025
“The gold might be there—but who owns it? That’s the real question,” asks Jp Cortez of the Sound Money Defense League.
In today’s interview with Daniela Cambone, Cortez calls for a comprehensive audit of U.S. gold holdings, highlighting the recent reintroduction of the Gold Reserve Transparency Act of 2025 by Rep. Thomas Massie.
“An ounce of gold can change hands a thousand times without moving a single inch,” Cortez explains.
Fed's 'Shady' Gold Secrets Spark Audit Bill; A 'Reckoning is Near'
Daniela Cambone: 6-11-2025
“The gold might be there—but who owns it? That’s the real question,” asks Jp Cortez of the Sound Money Defense League.
In today’s interview with Daniela Cambone, Cortez calls for a comprehensive audit of U.S. gold holdings, highlighting the recent reintroduction of the Gold Reserve Transparency Act of 2025 by Rep. Thomas Massie.
“An ounce of gold can change hands a thousand times without moving a single inch,” Cortez explains.
With Florida recently eliminating its sales tax on gold and silver, and more than 40 other U.S. states partially or fully exempting sales tax on these metals, Cortez views this growing trend of tax exemption as a reaffirmation of “the constitutional role of gold and silver as real, tangible money in our modern economy.”
Chapters:
00:00 Why the gold reserve transparency act matters?
5:54 Jp’s take on whether the gold is really there.
7:07 Why gold isn’t liquid?
8:45 How the bill could restore confidence?
9:48 Challenges the bill might face.
11:41 What’s next for Florida?
15:40 Fed: Rising interest in sound money may challenge policy.
Why the Iraqi Dinar Isn't on Forex Yet. IQD Adjustment Timeline
Urgent: Why the Iraqi Dinar Isn't on Forex Yet. IQD Adjustment Timeline
Edu Matrix: 6-10-2025
Why isn't the Iraqi Dinar (IQD) traded on the Forex market? In this insightful video, we explore the critical factors keeping the IQD from gaining global traction.
Despite being listed on the forex market, the IQD faces limitations due to capital controls, lack of convertibility, and market confidence issues.
We dissect Iraq's currency auction system, the absence of a robust derivatives market, and the ongoing parallel forex operations. Dive deep into the essential reforms needed for Iraq to achieve IMF Article VIII status, which would pave the way for a fully convertible currency.
Urgent: Why the Iraqi Dinar Isn't on Forex Yet. IQD Adjustment Timeline
Edu Matrix: 6-10-2025
Why isn't the Iraqi Dinar (IQD) traded on the Forex market? In this insightful video, we explore the critical factors keeping the IQD from gaining global traction.
Despite being listed on the forex market, the IQD faces limitations due to capital controls, lack of convertibility, and market confidence issues.
We dissect Iraq's currency auction system, the absence of a robust derivatives market, and the ongoing parallel forex operations. Dive deep into the essential reforms needed for Iraq to achieve IMF Article VIII status, which would pave the way for a fully convertible currency.
Stay tuned to discover how these developments could affect your investments!
OUTLINE:
00:00:00 Why the IQD is NOT Traded on the Forex Market, Yet
00:00:28 ot Like Major Currencies
00:00:43 None -Convertible Currency
00:01:09 Currency Auction System
00:01:32 No Futures Market for IQD
00:01:55 Parallel Forex Market in Iraq
00:02:17 No IMF Article VIII Status 0002:39 Reasons for Non-Global Trading
00:03:17 Reforms and Accessibility
00:03:37 Requirements for IMF Article VIII Status
00:04:15 Reforms Needed for Iraq
00:04:58 Currency Adjustment Timing
News, Rumors and Opinions Wednesday 6-11-2025
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. 11 June 2025
Compiled Wed. 11 June 2025 12:01 am EST by Judy Byington
Possible Timing Global Currency Reset:
Wed. 11 June 2025 : “WWG1WGA 17 Get the popcorn ready because something big is coming on Wed. 11 June 2025 – the best day of the year. It will be a wonderful day, an unforgettable day. A day no one will forget. So stay alert and get prepared. Be patient. The best is yet to come.” Also on Wed. 11 June Iraq was set to (allegedly) make public announcement of the Dinar Revaluation (the end of a 5 day holiday), with Iraqi Dinar International Rate estimated at around $4.81.
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. 11 June 2025
Compiled Wed. 11 June 2025 12:01 am EST by Judy Byington
Possible Timing Global Currency Reset:
Wed. 11 June 2025 : “WWG1WGA 17 Get the popcorn ready because something big is coming on Wed. 11 June 2025 – the best day of the year. It will be a wonderful day, an unforgettable day. A day no one will forget. So stay alert and get prepared. Be patient. The best is yet to come.” Also on Wed. 11 June Iraq was set to (allegedly) make public announcement of the Dinar Revaluation (the end of a 5 day holiday), with Iraqi Dinar International Rate estimated at around $4.81.
Around Sun. 15 and Mon. 16 June 2025 expect minor banking downtimes, signaling the(allegedly) final switchover to full QFS integration.
It’s official: As of Mon. June 23, 2025, Redemption Centers will (allegedly) begin processing live appointments under full GESARA protocol. According to sources inside two U.S. Treasury branches, the schedule is already being populated with approved Tier 4B participants. This is the moment we’ve all prepared for. …Emergency Broadcast System, White Hats on Telegram
Between Sun. 29 June and Fri. 4 July 2025 expect an EBS Bank Blackout Period while systems (allegedly) adjusted to the new currency rates and Global Financial System.
Fri. 4 July 2025: Possible Public rollout of Global Currency Reset.
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Tues. 10 June 2025 Bruce:
Wells Fargo representatives will be in all Redemption Centers to help with the exchanges.
You will have R&R, DOGE payment and increase in SS in your Quantum account.
Increase in SS will be 85% to 90% of your present payment.
(allegedly) There is no Income tax. (allegedly) The IRS is gone. Your consumption tax will be (allegedly) 14% to 15% increase of new items only.
June 14 is Flag Day, the 250th year anniversary of the Military and Trump’s birthday. Also on the 14th is the beginning of the rollout of NESARA (allegedly) that will go to July 4. The day could also include announcement of the new gold-backed USN.
Bruce’s Iraqi contact connected to the Sovereign Bank of Iraq, indicated that the Iraqi Dinar would be online Thursday and we could be in exchanges by Fri or Sat. However, the insurrection in the US could slow that down.
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Tues. 10 June 2025: New intel confirms that over 60% of all major central bank communication hubs was no longer under Cabal Control …Mr. Pool on Telegram
What replaced them isn’t just a monitoring system — it’s a live quantum oversight protocol, governed by AI-integrated alliance nodes. Every transfer, every internal ledger adjustment, every fiat-based swap is logged, intercepted, and permanently blocked if noncompliant with asset-backed standards.
In Berlin, high-level Deutsche Bundesbank officials have been forced into blackout sessions. Translation: diplomatic immunity revoked, data logs seized, private servers extracted by Space Force units under protective jurisdiction. Germany’s digital gold certificate program — once a covert slush fund — is now under QFS audit. What they promised to governments doesn’t exist. But what they stole from the people does.
The World Bank has entered collapse protocol. Their Nairobi satellite office — a key node for siphoning climate funds through synthetic ESG initiatives — was shut down yesterday under military enforcement. Files recovered include hundreds of forged development contracts tied to shell tribes, extinct zones, and ghost villages — all fake recipients for decades of funding diversion.
At the same time, U.S. Federal Reserve branches in Atlanta and Minneapolis experienced “technical anomalies” — the term used internally for grid disconnection from legacy SWIFT rails. What it really means: they’ve been cut off.
All attempts to bypass QFS validation through international crypto corridors have failed. Binance data centers are under surveillance. Ripple has complied. Tether is next.
And yet, the public still believes the economy is recovering. Because the façade hasn’t fallen — yet.
But when it does, it will happen fast. Legacy credit scores? Obsolete. Taxation tracking systems? Archived. Personal debt structures? Already mapped for erasure.
The final phase involves mass psychological transition. This is why the Quantum Communication Network (QCN) was built in parallel — to replace media control and guide the awakening without panic. Trial broadcasts have already occurred in 11 zones. If you didn’t notice them, you weren’t tuned to the right signal.
This isn’t theory. This is what happens when the script flips. The people were never meant to lose. They were meant to rise once the parasites collapsed under their own greed.
Stay sharp. Monitor every tremor. The silence is strategic. And it won’t last much longer.
Read full post here: https://dinarchronicles.com/2025/06/11/restored-republic-via-a-gcr-update-as-of-june-11-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat So, again more...talk...about some $2 rate in the country of Iraq and rolling out the newer lower denominations. I can guarantee you that...There is NOT $2 rate in Iraq. They are still using the official CBI rate of 1320. This is also bullshit about lower denominations being out in Kurdistan or elsewhere...Trust me, when the CBI does bring out the newer lower denominations, articles will proceed it in the news...My CBI contact has told me months ago that the news articles are already designed and ready to go, given the proper timing. It is not yet! It will not be and cannot be some secret information only told to a few. ...I have a contact that works directly on this project to delete the zeros in the CBI and I would know if any new rate comes out.
Fnu Lnu A lot of people are wondering about this digital Dinar issue...I have friends in Singapore who are arbitrage professionals, and affiliated with K2, who is consulting with Iraq. Here is the explanation they gave me. The Digital Dinar is going to be used exclusively for...nation to nation transactions...and imports in general. Peer to peer payments will be using both "Stable Coins" and folding currency. The paper Dinar is not being excluded in any way and will be for consumer needs...There is no way the paper currency can be eliminated. 80% of Iraqi citizens are unbanked according to the most recent CBI report and must use hard currency. Stablecoins will allow them to buy and sell without the bank.
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BRICS 2025 SUMMIT: Brazil's TOP Goals, New Financial System & Massive Power Shifts | Y. Lissovolik
Lena Petrova: 6-10-2025
Seeds of Wisdom RV and Economic Updates Wednesday Morning 6-11-25
Good Morning Dinar Recaps,
CRYPTO INDUSTRY LEADERS RAISE CONCERNS OVER CLARITY ACT’S ‘GENSLER-ERA’ AMENDMENT AHEAD OF MARKUP
Crypto industry players are raising red flags over a new section added to the Digital Asset Market Clarity (CLARITY) Act of 2025 ahead of today’s markup session, warning that it closely resembles the aggressive regulatory posture of the prior administration.
Good Morning Dinar Recaps,
CRYPTO INDUSTRY LEADERS RAISE CONCERNS OVER CLARITY ACT’S ‘GENSLER-ERA’ AMENDMENT AHEAD OF MARKUP
Crypto industry players are raising red flags over a new section added to the Digital Asset Market Clarity (CLARITY) Act of 2025 ahead of today’s markup session, warning that it closely resembles the aggressive regulatory posture of the prior administration.
Crypto Industry Players Raise the Alarm
On Tuesday, crypto stakeholders voiced their concerns over the newly amended text of the CLARITY Act. According to journalist Eleanor Terret, industry leaders have described the added provision as a “Gensler-era” measure, reviving fears about unclear and burdensome oversight.
The legislation, introduced on May 29 by Chairman of the House Financial Services Committee French Hill, is intended to build a comprehensive regulatory framework for digital assets in the U.S., promising the clarity and protection long sought by the crypto industry.
The bipartisan bill aims to:
Protect consumers by requiring developers and customer-facing companies to provide essential disclosures.
Safeguard client assets by mandating separation of customer and corporate funds.
Support innovation, offering developers a regulated path to raise capital under government oversight.
“Our bill brings long-overdue clarity to the digital asset ecosystem, prioritizes consumer protection and American innovation, and builds off our work in the 118th Congress,” Hill said in a statement last month.
However, Terret reported that the new amendment would “eliminate exemptions for previously issued tokens,” thereby giving the Securities and Exchange Commission (SEC) broad discretionary power to determine on a case-by-case basis whether each token constitutes a security.
Critics argue this move undermines the entire purpose of the bill, warning it may reintroduce regulatory uncertainty that the bill was initially designed to resolve. Some investors fear the amendment could enable a system of “winners and losers” determined by the SEC’s discretion.
Political Opposition Grows
The legislation has also drawn sharp criticism from Democrats. Some argue that it could create opportunities for former President Donald Trump to benefit financially through crypto-related ventures.
Rep. Maxine Waters (D-Calif.) was especially vocal, stating:
“This rushed, overly complicated bill will increase investor harm, which already runs rampant in today’s crypto market.”
She continued:
“Some of the riskiest activities are broadly exempted from the bill, leaving our constituents with no one to turn to when their money vanishes. The bill puts our national security at risk and contains no penalties for crypto criminals.”
Momentum Builds with the BRCA Inclusion
Despite the controversy, the bill gained momentum with the inclusion of the Blockchain Regulatory Certainty Act (BRCA), which provides legal protections for non-custodial software developers and infrastructure providers.
As reported by Bitcoinist, eight major crypto policy groups signed a joint statement urging Congress to add the BRCA to the CLARITY Act. The BRCA was reintroduced on May 21, 2025, by Rep. Tom Emmer (R-MN) and Rep. Ritchie Torres (D-NY).
On June 8, the revised version of the CLARITY Act incorporated the BRCA, clarifying that non-custodial, peer-to-peer developers should not be regulated as money transmitters. In a joint statement, the crypto policy groups said:
“This is a meaningful step toward protecting developers of non-custodial, peer-to-peer technologies while maintaining strong oversight of custodial financial institutions.”
They added that the updated bill reflects a balanced regulatory approach, building on FinCEN’s 2019 guidance.
Industry Support Persists Despite Concerns
Even with the inclusion of the controversial amendment, major crypto firms such as Coinbase remain supportive. The company issued a statement asserting:
“Bipartisan momentum is building. Lawmakers from both sides agree: it’s time to protect consumers and unlock American innovation with clear crypto legislation. As Congress prepares for a key vote to advance the CLARITY Act, the message is clear: vote YES.”
Next Steps for the CLARITY Act
As of the time of writing, the CLARITY Act passed the House Committee on Agriculture markup with a decisive 47–6 vote, following nearly three hours of debate. The bill will now move to the House Financial Services Committee for further review, as reported by Terret.
@ Newshounds News™
Source: Bitcoinist
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XRP LEDGER DEVS PLAN SIDECHAIN LAUNCH IN Q2 FOR ETHEREUM COMPATIBILITY
▪️ XRP Ledger plans to launch an EVM sidechain in Q2 2025 to gain Ethereum compatibility.
▪️ Ripple CTO David Schwartz announced the timeline at the Apex 2025 event in Singapore.
The XRP Ledger (XRPL) — a blockchain closely associated with cross-border payments company Ripple — is preparing to launch an Ethereum Virtual Machine (EVM) sidechain in the second quarter of 2025, in a significant move to bridge Ethereum smart contracts into its ecosystem.
This EVM-compatible sidechain aims to enable Ethereum-based smart contract functionality while preserving XRPL’s signature low-cost and high-speed transaction model.
Ripple’s Chief Technology Officer David Schwartz formally announced the upcoming launch during the ongoing Apex 2025 event in Singapore, according to Peersyst, one of the project’s principal development partners.
What the Sidechain Will Do
The EVM sidechain is a parallel blockchain that will run alongside the XRP Ledger. It is being developed by contributors Ripple and Peersyst, and is built using the evmOS software stack.
▪️ The sidechain is already live on testnet, serving as a trial environment to ensure functionality and performance.
▪️ A mainnet launch is expected to follow in Q2 2025 after further testing and the onboarding of validator partners.
Why Ethereum Compatibility Matters
While XRPL has its own support for native smart contracts, it does not currently support the Ethereum Virtual Machine (EVM) — the dominant development environment for decentralized applications (dApps) on Ethereum.
This limitation has meant that Ethereum developers could not easily port their applications to the XRP Ledger. The EVM sidechain solves that by bringing Ethereum-style programmability directly to the XRPL ecosystem.
Other projects like Flare Network also provide EVM-compatible smart contract capabilities that integrate with XRPL, but this new native sidechain represents a first-party, in-house solution from Ripple contributors.
Bridge Connectivity: Powered by Axelar
The EVM sidechain will connect to the XRP Ledger mainnet through a bridge mechanism. Specifically, Axelar has been selected as the exclusive bridge provider for the sidechain.
This bridge will enable transfer of assets, such as wrapped XRP, which will act as the native gas token on the sidechain.
This initiative represents a strategic leap toward greater interoperability between XRPL and the wider Ethereum ecosystem, expanding XRPL’s reach and relevance in the world of decentralized finance (DeFi) and smart contract-based applications.
@ Newshounds News™
Source: Source: The Block
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🇷🇺 BRICS: Oil Giant Eyes Chinese Yuan Bonds, Ignores US Dollar Assets
Kazakhstan’s KazMunayGas makes landmark shift toward de-dollarization
In a major financial pivot, Kazakhstan’s state oil and gas giant KazMunayGas is preparing to ditch US dollar bonds in favor of Chinese yuan-denominated debt, including dim sum and panda bonds.
Why the shift?
Yuan-based bonds offer cheaper debt options compared to US Treasuries — aligning with BRICS’ push to reduce USD dependence.
“We looked at all options… Currently, there is a possibility to sell dim sum and panda bonds,” said CEO Askhat Khassenov to Bloomberg. “They offer rather good conditions.”
The move follows growing BRICS influence encouraging global firms to explore non-dollar financial instruments.
Dim sum bonds = yuan bonds traded offshore
Panda bonds = yuan bonds issued by foreign entities inside China
This marks the first time KazMunayGas sidelines US dollar assets — and may signal a larger trend among other BRICS-aligned oil firms.
@ Newshounds News™
Source: Watcher Guru
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“Tidbits From TNT” Wednesday Morning 6-11-2025
TNT:
Tishwash: The Security Council holds a session on the situation in Iraq, and Al-Hassan provides a briefing.
The United Nations Security Council is holding a session on the situation in Iraq today, Tuesday.
The session will be held at 5:00 p.m. today, Baghdad local time, according to a statement issued by the United Nations Assistance Mission in Iraq (UNAMI).
The statement indicated that the Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed Al-Hassan, is expected to provide a briefing at the session on developments in Iraq and regarding UNAMI.
TNT:
Tishwash: The Security Council holds a session on the situation in Iraq, and Al-Hassan provides a briefing.
The United Nations Security Council is holding a session on the situation in Iraq today, Tuesday.
The session will be held at 5:00 p.m. today, Baghdad local time, according to a statement issued by the United Nations Assistance Mission in Iraq (UNAMI).
The statement indicated that the Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed Al-Hassan, is expected to provide a briefing at the session on developments in Iraq and regarding UNAMI.
The United Nations Assistance Mission in Iraq (UNAMI) is scheduled to officially end at the end of 2025. The mission was established pursuant to Security Council Resolution 1500 in August 2003 to support the Coalition Provisional Authority (CPA) led by Paul Bremer and the Iraqi Governing Council following the overthrow of the former regime led by the late President Saddam Hussein by US forces and their allies. link
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Tishwash: Parliament awaits the arrival of the budget schedules.
After a period of waiting, the general budget schedules for the year (2025) return to the forefront of the government and the House of Representatives’ concerns, amid anticipation of its final path, with the announcement of the representatives’ readiness to hold an extraordinary session in order to end this file urgently.
Member of the Finance Committee, MP Jamal Koujar, expects the tables of the 2025 General Budget Law to reach the House of Representatives soon, noting that their arrival is linked to the government completing the process of officially preparing them. In a statement to Al-Sabah, Koujar confirmed the House's readiness to hold an extraordinary session immediately after the tables are officially received, with the aim of discussing and approving them quickly.
The MP explained that the Finance Committee does not expect the session to witness a lengthy or in-depth discussion regarding the new budget schedules, given that they will not witness any fundamental changes compared to last year's budget, which was approved over three years without any significant amendments. He pointed out that this reflects a clear trend in Parliament towards facilitating the procedures for approving the schedules with the aim of ensuring the rapid activation of financial spending and the continued implementation of projects and services during the remaining period of the year.
Koger also pointed out that even if there are some minor amendments to the draft budget, the prevailing trend is to pass the law as it was received by the government, in order to preserve the stability of the financial and economic process, and avoid any delay that might negatively affect government performance and needs. Citizens. link
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Tishwash: Economic Council: The Iraq Investment Forum will launch 150 investment opportunities in 12 economic sectors.
The head of the Iraqi Economic Council, Ibrahim al-Baghdadi, affirmed that Iraq represents a fertile and promising ground for investment in various sectors, noting that the Iraq Investment Forum represents a pivotal event for showcasing ready-made investment opportunities that align with the country's developmental aspirations.
Al-Baghdadi told the Iraqi News Agency (INA): “Iraq enjoys a strategic geographical location that makes it a key link in the international transportation network, in addition to possessing natural and human resources that qualify it to be an attractive environment for long-term investments.” He pointed out that “the forum’s agenda includes dialogue sessions and various topics that highlight the most prominent government measures supporting investors, in addition to presenting strategic projects such as the development road, which enhances economic integration in the region and constitutes an important axis for sustainable development.”
He pointed out that "more than 150 investment opportunities will be presented during the forum, distributed across 12 economic sectors, including the energy and renewable energy sector, which includes 27 investment opportunities in 13 governorates, including projects for thermal power plants, solar power, wind energy, and electricity generation from waste." He pointed out that "the oil and gas sector will include two investment opportunities to establish a refinery and a factory in Basra and Wasit, while the heavy and medium industries sector will include 21 opportunities, including chemical, manufacturing, and food industries in 10 governorates."
He added that "the industrial and free zones will include nine opportunities, including the establishment of industrial and pharmaceutical cities and free zones in Karbala, Maysan, Diwaniyah, Anbar, Basra and Nineveh," noting that "the investment opportunities also include projects in the agricultural and livestock production sectors, which include 20 opportunities in five governorates on vast agricultural areas."
He continued, "The opportunities also include the health sector, with 10 opportunities to establish hospitals and specialized centers in seven governorates," stressing that the projects also include housing and real estate development, with 25 opportunities including residential complexes and new cities providing more than 150,000 housing units in 11 governorates."
He pointed out that "tourism and entertainment include nine opportunities in Dhi Qar, Najaf, Nineveh, Babylon, and Karbala, including tourism projects and entertainment cities, in addition to investment opportunities in the transportation and ports sector to establish cable cars and a civilian airport."
Al-Baghdadi stated that "the forum will also address a number of issues, including sports and youth, where 10 opportunities will be presented, including sports cities and facilities in nine governorates, in addition to opportunities related to trade and warehouses, including eight investment opportunities, including warehouse complexes and commercial facilities in Kirkuk, Nineveh and Maysan, in addition to opportunities in the communications sector, through providing two opportunities to establish data centers and install submarine cables for international communications in Al-Faw."
Al-Baghdadi emphasized that "the forum is an effective platform for direct communication between local and foreign investors, on the one hand, and Iraqi ministries and agencies, on the other. He pointed out that Iraq aspires to become a regional hub for investment and development in the region, with government support and encouragement from the private sector." link
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Mot: Just Saying!! -- Why having a pet door is a bad idea in Florida
Mot: Remember When Life was Tough!!!! ((( can I go back?? ))) can I go back
Monetary Inflation is here, they’re Monetizing Debt
Monetary Inflation is here, they’re Monetizing Debt
Wealthion: 6-10-2025
The global financial system is facing a silent but potentially devastating crisis, not from a traditional recession, but from a fundamental imbalance between soaring debt and dwindling liquidity.
That’s the warning issued by market expert Michael Howell, who paints a stark picture in a recent interview with Wealthion’s James Connor.
Monetary Inflation is here, they’re Monetizing Debt
Wealthion: 6-10-2025
The global financial system is facing a silent but potentially devastating crisis, not from a traditional recession, but from a fundamental imbalance between soaring debt and dwindling liquidity.
That’s the warning issued by market expert Michael Howell, who paints a stark picture in a recent interview with Wealthion’s James Connor.
Howell argues that the current scramble by the U.S. and other governments to roll over trillions in short-term debt at ever-increasing interest rates is creating a dangerous situation. This continuous refinancing, he contends, is leading to a form of quiet monetary inflation, a factor often overlooked but with potentially severe long-term consequences.
In the interview, Howell lays bare the reasons why we should expect to see 5% bond yields as the new normal. He also dismantles the long-held 60/40 portfolio model, deemed obsolete in this evolving macro environment.
Perhaps most surprisingly, he suggests that China, not solely the Federal Reserve, may be a key driver behind the ongoing gold bull market.
Looking ahead, Howell warns that global bond markets are flashing danger signals. He identifies the period between 2026 and 2028 as a potential “refinancing cliff,” when a large volume of debt will need to be rolled over. This could trigger the next significant financial crisis, given the already strained global liquidity situation.
The warnings from Howell highlight the need for vigilance and proactive planning in navigating the challenges ahead. By understanding the underlying risks and adopting a strategic approach, investors can position themselves to protect their wealth and potentially even thrive in this evolving financial landscape.
Economist’s “News and Views” 6-10-2025
S&P To Hit 6,250 Then 30% Drop: 'Market Running Out Of Energy' Says Gareth Soloway
David Lin: 6-10-2025
Gareth Soloway, Chief Market Strategist at Verified Investing, examines whether the S&P 500’s sharp rebound marks a true bull market or a fleeting bounce while dissecting Fed policy shifts, tariff impacts, Bitcoin’s resistance ceiling, precious‑metal breakouts, and looming bond‑market risks.
S&P To Hit 6,250 Then 30% Drop: 'Market Running Out Of Energy' Says Gareth Soloway
David Lin: 6-10-2025
Gareth Soloway, Chief Market Strategist at Verified Investing, examines whether the S&P 500’s sharp rebound marks a true bull market or a fleeting bounce while dissecting Fed policy shifts, tariff impacts, Bitcoin’s resistance ceiling, precious‑metal breakouts, and looming bond‑market risks.
0:00 - Intro
0:30 - China trade talks
2:32 - Labor market cracks
3:44 - Fed rate cuts?
4:51 - Bullish sentiment
8:30 - Breakout levels
13:21 - Why do we need a pullback?
15:36 - Triggers for move down
18:15 - Bitcoin
24:45 – Gold
27:01 - Silver and other metals
30:18 - 10-year bond yield
31:34 - Favorite asset class
BREAKING: China To Imminently Announce a Gold To Yuan Fixed Exchange Rate! - Alasdair Macleod
Financial Wisdom: 6-10-2025
0:00 - China aims to control global gold pricing from Shanghai
0:36 - How SGE vaults enable gold-yuan trade bypassing the dollar
1:50 - China's strategic need to decouple from the US dollar
3:20 - Why China's survival may depend on linking yuan to gold
4:34 - China's recognition of gold-backed economic stability
6:02 - Lessons from the UK gold standard and China's future plans
7:14 - China's accumulation of gold reserves since the 1980s
8:55 - Shift of global gold from West to East
10:00 - China’s regional trade strategy post-Trump tariffs
11:08 - International expansion of the Shanghai Gold Exchange
11:45 - Opening Shanghai Futures Exchange to foreign banks
12:10 - China’s push to move gold price control to Shanghai
Gold to $6,000 and Why the US Dollar is Losing Its Power, Part 2
Wealthion: 6-9-2025
Renowned economist David Rosenberg, known for his sharp insights and contrarian calls, recently returned to Wealthion with a powerful message for investors: prepare for a significant shift in the financial landscape.
In Part II of his interview, Rosenberg laid out his compelling case for a gold surge to $6,000, a weakening U.S. dollar, and the compelling opportunity presented by Treasury bonds.
Rosenberg, now with Rosenberg Research & Associates, pulls no punches in his assessment of the current environment. He argues that the U.S. financial system is increasingly fragile, burdened by unsustainable debt and deficits, ultimately leading to a devaluation of the dollar and a scramble for safe havens.
Rosenberg’s boldest prediction is undoubtedly his forecast for gold. He believes the precious metal is poised for a significant rally, projecting a target of $6,000 this cycle.
This conviction stems from the growing global uncertainty, the rising cost of living, and the central banks’ accelerating accumulation of gold reserves. As global trust in fiat currencies wanes, gold is expected to become an increasingly attractive alternative.
Contrary to the prevailing narrative, Rosenberg believes Treasury bonds are currently mispriced, offering investors asymmetric upside.
In a world grappling with economic slowdown and potential recession, he argues that the safety and liquidity of Treasuries make them a crucial asset for portfolio protection. He contrasts this with the prevailing mantra of the past decade, “There Is No Alternative” (TINA), where investors were forced into riskier assets like stocks in search of yield.
Rosenberg declares TINA dead, arguing that Treasuries now offer a compelling alternative for risk-averse investors seeking stability and potential appreciation.
The erosion of the U.S. dollar’s dominance is another key theme of Rosenberg’s analysis. He warns that America’s reserve currency status may be under threat as central banks worldwide are increasingly diversifying their holdings and accumulating gold. This trend, fuelled by concerns about U.S. debt and deficits, could further weaken the dollar and exacerbate inflationary pressures.
Adding further weight to Rosenberg’s thesis, Jonathan Wellum, CEO of Rocklinc, provides a special addendum reinforcing the importance of preparing for a world where the U.S. can no longer spend without consequences.
He emphasizes the need for investors to understand the underlying vulnerabilities of the U.S. financial system and proactively adjust their portfolios to mitigate potential risks.
David Rosenberg’s return to Wealthion offers a timely and thought-provoking perspective on the future of the global economy.
While predictions should always be approached with caution, his insights provide valuable guidance for navigating an increasingly uncertain financial landscape. Now is the time for investors to carefully assess their portfolios and prepare for the potential shifts ahead.
News, Rumors and Opinions Tuesday 6-10-2025
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 10 June 2025
Compiled Tues. 10 June 2025 12:01 am EST by Judy Byington
What We Think We Know as of Tues. 10 June 2025:
Mon. 9 June 2025: Trump is quietly closing down the IRS – and clearing a path for a new financial system — one that doesn’t rely on fear, audits, or manipulation. A system that can’t be used as a weapon. Transparent. Just. Fair. This is not reform. It’s liberation.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 10 June 2025
Compiled Tues. 10 June 2025 12:01 am EST by Judy Byington
What We Think We Know as of Tues. 10 June 2025:
Mon. 9 June 2025: Trump is quietly closing down the IRS – and clearing a path for a new financial system — one that doesn’t rely on fear, audits, or manipulation. A system that can’t be used as a weapon. Transparent. Just. Fair. This is not reform. It’s liberation.
~~~~~~~~~~~~~~
Possible Timing:
Judy Note: It was my understanding that Redemption Centers could give you a higher rate on exchange of your currencies than could a bank. The much higher Dinar Contract rate was only available at a Redemption Center. Zim could only be redeemed at a Redemption Center, not at a bank. They will be sending out notifications on how to obtain an appointment at a Redemption Center and such will be posted in my updates and on various Dinar websites.
As of Sun. 1 June 2025 some Redemption Centers (allegedly) became fully operational, secured by military oversight, and processing gold-backed transactions through the Quantum Financial System.
At 11 am EST Mon. 2 June all aspects of NESARA were(allegedly) implemented and the big banks were (allegedly) put online with the QFS as of 6 pm Mon. night 2 June 2025.
At 3:03 EST on Tues. 3 June 2025 Operation Odin (QFS) was (allegedly) fully activated, EBS deployed through Starlink, banks closed, currencies(allegedly) cancelled, Sovereignty restored, codes active, accounts open, their system will freeze, yours will open. …Trump Family Channel, The 17th Letter (JFK Jr.), Julian Assange, Ben Fulford, WH Grampa on Telegram
As of Fri. 6 June Redemption Centers across the world, hidden within ordinary buildings, (allegedly) became fully operational, staffed by agents verified through DNA-based biometric protocols. The first QFS Card test batches began moving under military escort in key zones.Public distribution expands from June 7–10. By July 4 the general public.
On Sat. 7 June QFS Payouts (allegedly) began to certain qualified groups and individuals.
By Tues. 10 June 2025 the first wave of public disclosures is expected to begin — not through CNN or BBC — but through raw, unfiltered QFS-verified broadcasts across secure global nodes. …Gesara Nesara QFS on Telegram
Bruce: According to Iraqi sources the Iraqi Dinar will (allegedly) be revalued over the weekend in a four day holiday ending Mon. 9 June – and expected to come out on Tues. 10 June. By Sun. night 8 June our Federal Reserve USD accounts will be transferred to a USTN account. USTN will be out by Tues. 10 June. Tier4b notifications should come out on Tues. 10 June, so we could start exchanging on Tues. 10 June or Wed. 11 June.
Tier4b notifications were expected to go out on Tues. 10 June. Internal banking advisories indicated public redemption will begin regionally, based on QFS load-balancing and readiness reports.
On Fri. 13 June 2025 all Tier4b appointment notifications were to be completed.
Wed. 11 June Iraq set to make public announcement of the Dinar Revaluation (the end of a 5 day holiday), with international rate set at $4.81 Iraqi Dinar to $1.00 USN.
Around Sun. 15 and Mon. 16 June 2025 expect minor banking downtimes, signaling the(allegedly) final switchover to full QFS integration.
As of Mon. June 23, 2025, Redemption Centers will begin (allegedly) processing live appointments for the general public under full GESARA protocol. According to sources inside two U.S. Treasury branches, the schedule is already being populated with approved Tier 4B participants. This is the moment we’ve all prepared for. …Emergency Broadcast System on Telegram
Between Sun. 29 June and Fri. 4 July 2025 expect an EBS Bank Blackout Period while systems adjusted to the new currency rates and Global Financial System.
Fri. 4 July 2025: Public rollout of Global Currency Reset. (allegedly)
Wed. 9 July 2025 was the Back Wall for the Global Currency Reset to occur optically. …Jon Dowling, Iraq
Read full post here: https://dinarchronicles.com/2025/06/10/restored-republic-via-a-gcr-update-as-of-june-10-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat ...Didn’t the UN just tell us that “IRAQ WILL BECOME A BANKING POWERHOUSE BOTH DOMESTICALLY AND INTERNATIONALLY”. Yes, wealth is leadership and Iraq is certainly taking the point lead under Al-Sudani in this area...
Frank26 Question: "If the dinar went from $1.00 to $4.81 would it cause confusion in businesses and consumption prices?" Yes. The goal is to reach 1 to 1 status. Once it is, that 1 to 1 stay inside the country... When it leaves outside of the border on a vehicle called Forex the rest of the world will touch the Iraqi dinar by using it, selling it, spending it, investing in it, platform banks with it, that movement of the dinar will allow that 1 to 1 that started in country, but when you went outside you're maturing, $1.50, $2.00, $2.50. Who determines that value? The outside market. Do you think the outside market is just dying to get their hands on the Iraqi dinar?
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URGENT: "Silver's Slingshot Move Has Begun, Here's What Is Different This Time" - Mike Maloney
Mike Mahoney: 6-10-2025
In this urgent and eye-opening video, Mike Maloney breaks down why silver’s long-awaited breakout move is finally here—and why it could lead to triple-digit prices sooner than you think.
With U.S. debt soaring to unsustainable levels, housing bubbles inflating, and warning signs flashing across every sector—from real estate to employment—Mike lays out why the current economic landscape is more dangerous than ever.
Discover why we’re on the brink of a massive recession
See the 45-year chart pattern that predicts silver’s explosive future
Understand how monetary demand will drive silver and gold sky-high
Plus, insights on AI-driven job losses, China’s economic slowdown, and what history tells us about debt cycles. Don’t miss this urgent message if you're serious about protecting your wealth.
The Last Silver Bull Market Before The Reset | Clive Thompson
The Last Silver Bull Market Before The Reset | Clive Thompson
Liberty and Finance: 6-9-2025
Clive Thompson argues that the current bull market in gold and silver is unlike previous cycles and may be the final one before a major monetary reset.
He suggests that this run doesn’t have a clear price target because it will continue until the collapse or replacement of the current fiat currency system.
According to Thompson, the endgame will be triggered by a loss of confidence in fiat currencies, leading people to rush into tangible assets like precious metals and essential goods.
The Last Silver Bull Market Before The Reset | Clive Thompson
Liberty and Finance: 6-9-2025
Clive Thompson argues that the current bull market in gold and silver is unlike previous cycles and may be the final one before a major monetary reset.
He suggests that this run doesn’t have a clear price target because it will continue until the collapse or replacement of the current fiat currency system.
According to Thompson, the endgame will be triggered by a loss of confidence in fiat currencies, leading people to rush into tangible assets like precious metals and essential goods.
He believes that in any future currency reset, those holding physical gold or silver will retain their wealth, while holders of fiat financial assets will face severe losses or limited convertibility.
This, he says, marks a historic transition where gold and silver won't just rise in price—they'll serve as a bridge to the next monetary system.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Silver
4:12 Gold
12:00 Platinum
13:49 US debt crisis
Seeds of Wisdom RV and Economic Updates Tuesday Morning 6-10-25
Good Morning Dinar Recaps,
SEC Chair Paul Atkins says the right to self-custody is a 'foundational American value'
▪️SEC Chair Paul Atkins hinted at more of an openness toward self-custody, marking a departure from the previous administration.
▪️Since President Donald Trump took office and following former Chair Gary Gensler’s departure, the agency has taken a warmer approach to crypto.
Good Morning Dinar Recaps,
SEC Chair Paul Atkins says the right to self-custody is a 'foundational American value'
▪️SEC Chair Paul Atkins hinted at more of an openness toward self-custody, marking a departure from the previous administration.
▪️Since President Donald Trump took office and following former Chair Gary Gensler’s departure, the agency has taken a warmer approach to crypto.
A New Crypto Vision Under the Trump and Atkins Era
U.S. Securities and Exchange Commission Chairman Paul Atkins is turning a new page at the agency in how it views self-custody, describing it as a "foundational American value."
In remarks delivered Monday at the SEC’s final Crypto Task Force Roundtable, titled "DeFi and the American Spirit," Atkins hinted more of an openness toward self-custody, marking a departure from the previous administration.
"The right to have self-custody of one’s private property is a foundational American value that should not disappear when one logs onto the internet," Atkins said Monday. "I am in favor of affording greater flexibility to market participants to self-custody crypto assets, especially where intermediation imposes unnecessary transaction costs or restricts the ability to engage in staking and other on-chain activities."
Since President Donald Trump took office and following former SEC Chair Gary Gensler's departure, the agency has taken a warmer approach to crypto in part through dropping enforcement actions against major crypto industry players and creating the crypto task force.
The task force has hosted five roundtable discussions over the past few months with a focus on tokenization, custody, trading, and defining securities.
Atkins has criticized the agency's previous approach, and on Monday, accused the agency of undermining the innovation in self-custody by asserting that developers could be brokers, and therefore, need to follow the SEC's rules.
"I do not believe that we should allow century-old regulatory frameworks to stifle innovation with technologies that could upend and most importantly improve and advance our current, traditional intermediated model," Atkins said. "We should not automatically fear the future."
Atkins also said he asked SEC staff to look into next steps.
"I have asked the Commission staff to explore whether further guidance or rulemaking may be helpful for enabling registrants to transact with these software systems in compliance with applicable law," he said.
@ Newshounds News™
Source: The Block
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Trump's CFTC pick Quintenz pledges clear crypto classification in written remarks for Senate hearing
▪️Brian Quintenz, nominee for new CFTC chair, said he would support bringing clarity to crypto classification and jurisdiction for market oversight.
▪️Quintenz said he would utilize his experience as head of policy at a16z crypto to shape future regulations around crypto.
Brian Quintenz, nominee to lead the U.S. Commodity Futures Trading Commission, has pledged to provide clear classification and jurisdictional clarity for digital asset market regulation in a written statement shared ahead of his nomination hearing.
The former CFTC commissioner was nominated by President Donald Trump in February, and is scheduled to appear before the Senate Agriculture Committee for a nomination hearing on Tuesday.
"It is time for a comprehensive regulatory framework for crypto assets, including token classification clarity and clear jurisdiction for trading market oversight," said Quintenz. "I am fully prepared to use my experience and expertise to assist in that effort as well in executing any expanded mission should legislation pass into law."
@ Newshounds News™
Source: The Block
~~~~~~~~
Nigeria Calls on BRICS To Switch Trading in Local Currencies
Nigeria has called on BRICS to switch to trading in local currencies and refrain from using the US dollar for cross-border transactions. During a meeting at the BRICS trade forum held in Brazil, Nigeria’s House Committee on Foreign Affairs, Wole Oke, said that the alliance must begin investing in each other’s economy to maintain equal economic stability for all.
At the trade forum, he urged BRICS to reduce usage of US dollar transactions and begin payments in local currencies. He also urged the bloc to reduce dependency on Western powers and uplift the economies of developing countries.
“Strengthening BRICS trade is no longer optional, it is a necessity. We must trade more with each other, invest in one another, and build a trade ecosystem that puts our people first,” he said, stressing that the time to use local currencies for trade is ripe.
The lawmaker proposed BRICS to create a new establishment for local currency settlements that cuts exposure to “volatile currency politics”. He added that investments must be made in all business sectors including pharmaceuticals, agriculture, manufacturing, and clean energy.
The foreign minister stressed that BRICS members have an overall GDP of 40% of the global economy, and the potential to make it even bigger is untapped and can be a success if local currencies are made the norm. Nigeria is among the 13 partner members of BRICS and is considering reshaping the global finances.
Nigeria Follows the Footsteps of BRICS, Makes Local Currencies Official
Just recently, the government of Nigeria announced that only their local currency, the Nigerian naira will be the official tender for oil trade in the country, ending dependency on the US dollar.
All oil-refiners must use the local currency and the move could boost its prospects in the forex markets. The African country is looking to tackle the US dollar’s dominance by putting it second in line for oil payments.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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Thank you Dinar Recaps
“Tidbits From TNT” Tuesday Morning 6-10-2025
TNT:
Tishwash: With the participation of more than 300 international entities, the Investment Commission announces details of the first investment forum in Iraq.
The National Investment Commission announced details of Iraq's first investment forum on Tuesday, noting that the forum has strategic objectives to accelerate economic development .
The head of the commission, Haider Makiya, told the Iraqi News Agency (INA): "The upcoming investment forum, which the commission is organizing in coordination with the Iraqi Economic Council and under the direct supervision of the Prime Minister's Office, is the first of its kind since its establishment, and carries strategic goals to accelerate the wheel of economic development in the country ."
TNT:
Tishwash: With the participation of more than 300 international entities, the Investment Commission announces details of the first investment forum in Iraq.
The National Investment Commission announced details of Iraq's first investment forum on Tuesday, noting that the forum has strategic objectives to accelerate economic development .
The head of the commission, Haider Makiya, told the Iraqi News Agency (INA): "The upcoming investment forum, which the commission is organizing in coordination with the Iraqi Economic Council and under the direct supervision of the Prime Minister's Office, is the first of its kind since its establishment, and carries strategic goals to accelerate the wheel of economic development in the country ."
He added, "The forum seeks to introduce the 141 available investment opportunities that have received official approvals and are ready to be presented to local, Arab, and foreign companies," noting that "the opportunities cover diverse sectors, including industry, housing, renewable energy, communications, pharmaceuticals, agriculture, and others ."
He added, "The forum aims to attract the largest possible number of foreign and Arab companies to participate in infrastructure projects in Iraq, in addition to introducing international expertise to quality projects, in line with the investment law that requires the employment of skilled and unskilled Iraqi workers in projects ."
Makiya pointed out that "the event will be attended by more than 300 international entities, including countries and companies, representing a historic opportunity to showcase Iraq's investment potential ." link
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Tishwash: Baghdad to KRG: No Delegation Welcome Without Revenue Transfer
Baghdad has sent a clear message to the Kurdistan Regional Government (KRG), stating that no delegation from the region will be welcomed in the capital until the handover of oil and non-oil revenues is completed.
According to reports by Iraqi media on Sunday, the federal government will not engage in any negotiations regarding the payment of May salaries to employees, pensioners, and those on social welfare in the Kurdistan Region. This marks a continuation of a hardline stance by the federal authorities in Baghdad over revenue disputes.
The decision comes in response to the KRG’s alleged failure to comply with a ruling by the Federal Court. The court had previously mandated that all oil and non-oil revenues generated in the Kurdistan Region must be handed over to the federal treasury, a requirement the KRG has so far not fulfilled.
Officials in Baghdad say the current position will not change unless the Kurdistan Region meets its financial obligations. The dispute continues to impact public sector salary disbursements in the region, exacerbating existing economic tensions. link
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Tishwash: Securities: We are working to enhance the attractiveness of the Iraqi market through governance and expanding the corporate base
The Securities Commission announced on Monday that it is working to enhance the attractiveness of the Iraqi market through governance and expanding the corporate base. It also indicated a move to list new companies to encourage profitable investments.
"The commission has begun taking practical steps to develop the Iraqi Stock Exchange from within by enhancing investment attraction factors," board member Wadah Al-Taha told the Iraqi News Agency (INA), noting that "issuing the corporate governance guide for companies represents a fundamental step in this path."
He added, "In the next phase, the Authority seeks to list new companies through initial public offerings, which will help encourage local investors to invest in profitable companies that distribute periodic dividends, which will boost investor confidence and drive market revitalization."
He added, "Achieving these steps will send a strong message to foreign investors that the market is undergoing change and is transitioning towards a more transparent, sustainable, and effective risk-management environment." He noted that "current data indicates a significant improvement in indicators, which will enhance investment attractiveness and increase opportunities for attracting foreign investment."
Al-Taha emphasized that "the Iraqi market has become part of an international platform that includes nine other global markets. This means that the market is now under the scrutiny and monitoring of global markets, which requires preparation to face challenges and accelerate development steps." He pointed out that "the Commission's work is not limited to one file, but rather is carried out in parallel across several files, including developing a governance guide, intensifying training programs, and increasing the number of good, profitable, high-quality companies listed on the market, in order to achieve diversity that reduces risks and increases potential returns."
He continued, "The number of listed companies currently stands at 103, but the focus is on only 20 to 25 companies," explaining that "the Authority is working to diversify the market to provide investors with broader and more stable options." link
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Mot: ... Only ""ONE CURE"" for This Problem.... Let the ""RV"" Goooo!!!
Mot: ..... One stop shop!
More News, Rumors and Opinions Monday PM 6-9-2025
From Recaps Archives:
What is Nesara???? Many sites are talking about it……here is some information
Information about NESARA:
A law was (allegedly) passed in the United States in March 2000 and (Allegedly) signed into law in October of 2000. This law is called N.E.S.A.R.A. – National Economic Security and Reformation Act. All politicians and media members are(Allegedly) under a gag order to not speak of it publicly until it is officially announced. This new law will first be enacted in the United States and eventually will be rolled out across the world.
From Recaps Archives:
What is Nesara???? Many sites are talking about it……here is some information
Information about NESARA:
A law was (allegedly) passed in the United States in March 2000 and (Allegedly) signed into law in October of 2000. This law is called N.E.S.A.R.A. – National Economic Security and Reformation Act. All politicians and media members are(Allegedly) under a gag order to not speak of it publicly until it is officially announced. This new law will first be enacted in the United States and eventually will be rolled out across the world.
The law (Allegedly) provides:
· Forgives all credit card, mortgage, student loan and other bank debt due to illegal banking and government activities
· Dissolves the IRS and ends all income tax
· Creates flat rate non-essential “new items only” sales tax (food, medicine and all used items will not be taxed)
· Increases benefits to senior citizens
· Returns Constitutional Law to all our courts and legal matters – re-trains all judges and attorneys in Constitutional Law
· Provides for new representational elections within Constitutional Law.
· Monitors elections and prevents illegal activities of billionaires and special interest groups
· Ends the Federal Reserve System and begins a new US Treasury bank system that follows Constitutional Law
· Creates new US Treasury currency backed by gold, silver and precious metals,ending US Government bankruptcy. This will initiate global economic reform.
· Restores financial privacy
· Ceases all aggressive US Government military action worldwide
· Leads to peace throughout the world
· Enables release of over 6,000 patents of suppressed technologies and enormous sums of money for humanitarian purposes
The provisions of the National Economic Security and Reformation Act have been composed by visionaries who wish to correct past wrongs against the people in the United States. It is supported and inspired by statesmen around the world, as well as off-world, as a vision for global peace, freedom and prosperity
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From Recaps Archives
For Dinar - What you will see on Forex or CBI WHEN IT RVs
$ RATE = What you will see on Forex or CBI
$ .86 = 1.162
$ 1.00 = 1.000
$1.17 = 0.854
$1.86 = 0.537
$2.00 = 0.500
$2.50 = 0.400
$3.00 = 0.333
$3.22 = 0.310
$3.46 = 0.289
$3.50 = 0.285
$3.86 = 0.259
$4.00 = 0.250
$4.10 = 0.243
$4.40 = 0.227
$5.00 = 0.200
$5.25 = 0.190
$5.50 = 0.181
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick Article: "The currency printed in Iraq is at its lowest level since a year" That's exactly what we want. When they were collecting the 3 zero notes goal number one was to determine the value of the Iraq dinar. Number two...was to determine the number of notes that have been collected...They are hitting both of these categories hard right now...We believe this is leading to a 1 to 1 at least so it can float internationally...For them to make this report is very good for what we're looking for.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq TV Channel One, Central Bank of Iraq revealed the value of the issued currency, 'printed' in Iraq currently at its lowest level in a year. FRANK: You're [the CBI] are distinguishing the 3 zero notes...You're not talking about the lower notes.
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SYSTEMIC FAILURE CYCLE Now in Motion. (FULL BREAKDOWN). Prepare Accordingly. Mannarino
Greg Mannarino: 6-9-2025
Wall Street SHAKEN: US Struggles to Sell $22 Billion in Bonds Amid the Most Dangerous Bond Auction
Lena Petrova: 6-9-2025