Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 3-26-25

Good Afternoon Dinar Recaps,

BLACKROCK AND FIDELITY POISED TO ENTER XRP ETF RACE AFTER RIPPLE’S LEGAL WIN

Nate Geraci, a leading ETF analyst, forecasts that BlackRock and Fidelity will soon join the XRP ETF race, with approval expected to happen soon. His optimism stems from the resolution of Ripple’s legal battle with the U.S. SEC.

Ripple’s Win Clears Path for XRP ETF

Stuart Alderoty, Ripple’s top lawyer, revealed that the company successfully reduced its fine from $125 million to just $50 million, down from the SEC’s initial $2 billion demand. Additionally, the injunction against Ripple is expected to be lifted at the SEC’s request.

After four grueling years, experts say the way is now clear for an XRP exchange-traded fund (ETF) in the U.S. In a latest X post, Geraci noted “Seems obvious spot XRP ETF approval simply matter of time IMO. And yes, I expect BlackRock, Fidelity, etc to all be involved.”

He also highlighted that XRP is currently the third-largest non-stablecoin cryptocurrency by market cap, making it a significant player in the market. And given its size and growing interest, the largest ETF issuers, such as BlackRock and Fidelity, are unlikely to overlook the potential of launching an XRP ETF.

While the SEC has been cautious about approving altcoin ETFs, Geraci believes the agency will eventually approve them. He also highlighted the ongoing debate about whether broad crypto index ETFs or single-asset ETFs will lead the market. Despite expecting the SEC to set limits on approvals, Geraci remains optimistic about the growth of these financial products.

BlackRock To Partner With Ripple?

In a recent Bloomberg interview, Ripple CEO Brad Garlinghouse was asked about collaborating with BlackRock to launch an XRP ETF in the U.S. While Garlinghouse didn’t confirm the partnership, he sparked speculation by stating, “We think it makes sense for the XRP community overall”.

Many believe that once Ripple’s regulatory issues are resolved, asset managers will quickly move to launch an XRP ETF later in the year. Further Ripple CEO is also confident that XRP will join the U.S. Digital Asset stockpile.

Increasing Odds of XRP ETF Approval

Meanwhile, Polymarket, a decentralized prediction platform, shows an 84% chance of XRP ETF approval in 2025. With industry experts closely monitoring XRP’s price, many anticipate a potential breakout to $3 soon, signaling a promising future for the token.

@ Newshounds News™
Source:  Coinpedia

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BRICS & US RACE FOR DIGITAL FINANCE SUPREMACY: WHO’S WINNING?

The last year has seen the emergence of the cryptocurrency market as a viable financial sector. Indeed, its arrival has spurred a host of nations to adopt the asset class in a bid to not get left behind. Moreover, it has only increased the conflict between the BRICS and the US as they race for digital finance supremacy. But the question is, who is winning?

US President Donald Trump has already stated his desire for the United States to be the crypto capital of the world. However, the BRICS alliance has already sought out the implementation of blockchain-based applications to help them curtail overreliance on Western systems. Amid a brewing trade war, these two sides are set to face off further in a budding crypto race.

BRICS and US Embrace Digital Finance: But Which Side is Coming Out Ahead?

Since the start of the year, the West and Global South have seen tensions escalate. With Donald Trump returning to the White House, he has targeted that region. Specifically, he has warned of impending 150% tariffs for those who are engaged in de-dollarization efforts.

Yet, the US dollar is not the only battlefield on which these two sides are fighting. Both BRICS and the US are engaged in an ongoing conflict for digital finance supremacy. However, the biggest question now is, just who is winning?

The BRIC bloc has long sought to embrace the blockchain revolution. It had created its very own blockchain-based payment system to counter the Western Swift. Moreover, they have introduced a gold-backed stablecoin that could revolutionize how it transacts with digital assets.

However, the United States is not far behind BRICS. The country has sought to overhaul its crypto policy since Trump returned to the Oval Office. This comes with the president’s plea to pass stablecoin legislation. These efforts all align with the belief that the nation could soon head the entire industry in the coming years.

Which Side Is Winning in 2025?

So, just who is winning at this moment? The question doesn’t have a clear-cut answer but can be explained nonetheless. BRICS is further in development at this stage; China is embracing the digital yuan, and India, Russia, and Brazil all have major digital currency initiatives in place.

However, the United States may have more potential due to the overarching business interest that the asset class has garnered in the nation.

Moreover, the arrival of the UAE’s new $1.4 trillion investment framework into the Western giant will only fasttract its digital finance development. Regardless of where they stand now, the coming months will be massive in determining if BRICS or the US is edging ahead.

@ Newshounds News™
Source:  Watcher Guru

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Iraq Economic News and Points to Ponder Wednesday AM 3-26-25

The Central Bank Concludes Its Cycle On Dormant Accounts And Their Electronic System.
 
March 25, 2025   With the aim of developing the skills of banking personnel across all Iraqi governorates,
the Banking Studies Center, a division of the Central Bank of Iraq, concluded its course on dormant accounts and their electronic system.
 
The course targeted 54 trainees from various departments working in the financial, accounting, and internal auditing departments.

The training program included learning the
     concept of dormant accounts and
     how to identify them in the banking system,  
     acquiring the necessary skills to

     manage dormant accounts through electronic systems, and familiarizing them with

     electronic systems for monitoring and closing dormant accounts,

     ensuring compliance with standards and laws.
      
    Central Bank of Iraq      Media Office      March 25, 2025  https://cbi.iq/news/view/2834

Gold Rises As Safe-Haven Demand Increases Amid Tariff Concerns

Tuesday, March 25, 2025 | Economic Number of reads: 215  Baghdad / NINA / Gold rose on Tuesday, with increased demand for safe havens amid uncertainty surrounding tariffs that US President Donald Trump is expected to reimpose next week, amid fears of an economic slowdown, trade tensions, and concerns about inflation.

The price of gold in spot transactions rose 0.1 percent to $3,015.42 per ounce. US gold futures also rose 0.1 percent to $3,019.40.

As for other precious metals, silver in spot transactions rose 0.3 percent to $33.1 per ounce, platinum fell 0.1 percent to $973.35, and palladium increased 0.3 percent to $953.78. / End

https://ninanews.com/Website/News/Details?key=1193944

Basra Crude Prices Decline Despite Stable Oil Prices In Global Markets

Tuesday, March 25, 2025 | Economic Number of readings: 115  Baghdad / NINA / Basra Heavy and Basra Medium crude prices fell on Tuesday, with oil prices stabilizing in global markets.

Basra Heavy crude prices fell 17 cents, or 0.24%, to reach $69.87, while Medium crude prices fell 17 cents, or 0.23%, to reach $72.92.

Global oil prices stabilized as investors feared that Trump's tariffs would slow the global economy and limit demand for oil. Brent crude recorded $73.04, up one cent, and US crude recorded $69.13, up 4 cents. / End

https://ninanews.com/Website/News/Details?key=1193966

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Wednesday Morning 3-26-25

Good Morning Dinar Recaps,

BIG WIN FOR CRYPTO: OPERATION CHOKEPOINT 2.0 POLICIES ROLLED BACK

David Sacks, the White House crypto czar, celebrated a big victory today. He announced that the Federal Deposit Insurance Corporation (FDIC) is following the U.S. Office of the Comptroller of the Currency (OCC) in removing “reputational risk” as a factor in bank supervision.

This change effectively rolls back the controversial Operation Chokepoint 2.0 policies, which had led to the unfair debanking of crypto companies.

Sacks said that this is a big step forward for crypto. Operation Chokepoint 2.0, which was supported by figures like Senator Elizabeth Warren, used vague criteria like “reputational risk” to target crypto businesses.

This meant that institutions could be punished for negative publicity, whether true or not. The new policy change will make banking criteria more objective and fair, preventing political influence from hurting the crypto sector.

Sacks also credited Senator Tim Scott for his leadership in pushing these changes, especially through the Financial Institution Reform and Modernization (FIRM) Act. This move is expected to create a better environment for crypto businesses and could lead to higher prices for digital assets in the future.

Fox Business’ Eleanor Terrett added more context, explaining why “regulation by enforcement” doesn’t work. She explained that Ripple has spent between $150 million and $200 million in legal fees over the years, only to end up in the same position it was in when the SEC first filed the lawsuit in 2020. The SEC likely spent taxpayer dollars as well.

XRP holders were also negatively impacted, as exchanges removed the token, causing its value to drop. Many other crypto projects also became hesitant to build in the U.S. for fear of being targeted by the SEC. Terrett criticized SEC Chair Gary Gensler for focusing resources on crypto firms while missing major issues like FTX, 3AC, and Celsius, which caused real harm to investors.

@ Newshounds News™
Source:  Coinpedia

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SEC SCHEDULES FOUR NEW ROUNDTABLES FOR CRYPTO TASK FORCE

The SEC is aiming to discuss and solve regulatory issues around crypto trading, custody, tokenization, and decentralized finance.

The SEC's Crypto Task Force announced Tuesday it will host four more roundtables on crypto and digital asset regulation.

The roundtables would run from April to June, building on the agency's efforts to create clearer rules for the industry.

Crypto roundtables are a way for the SEC to "hear a lively discussion among experts" in order to understand current regulatory issues and what the Commission can do to “solve them," Commissioner Hester Peirce, who leads the task force, said in a statement.

Sessions for the roundtables are slated to discuss trading (April 11), custody considerations (April 25), asset tokenization (May 12), and decentralized finance (June 6). The roundtables will take place at the SEC headquarters with both in-person and virtual attendance options.

Just a day after his appointment, acting SEC Chairman Mark Uyeda announced the establishment of the Crypto Task Force on January 21 to develop clear regulatory frameworks and registration paths for crypto companies.

By March, the SEC had assembled key figures and industry experts to help bolster these efforts.

The SEC's plan to host four more crypto roundtables follows on from the task force's first one held last Friday, which examined how securities laws might apply to digital assets.

"Spring signifies new beginnings, and we have a new beginning here, a restart of the commission's approach to crypto regulation," Commissioner Peirce said during that session.

Backstage at the first roundtable, Commissioner Peirce told Decrypt that the agency is also exploring how it could "provide some kind of framework or some kind of markers" to craft rules for NFTs as an asset category.

That followed its pronouncement on Thursday last week that crypto mining does not violate securities laws.

The move aligns with broader crypto policy changes under President Donald Trump, who has been supportive of the industry both during his campaign trail to become the first "crypto president" and right after his electoral win.

Since he began his second term as POTUS, Trump has signed an executive order establishing a strategic crypto reserve, moved to acquire as much Bitcoin as possible, and helped push a stablecoin bill forward, among other key initiatives he’s done so far for the crypto industry.

@ Newshounds News™

Source:  Decrypt

~~~~~~~~~

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“Tidbits From TNT” Wednesday Morning 3-26-2025

TNT:

Tishwash:  MP: America has no other means of pressuring Iraq than economic means.

Member of Parliament Amer Hussein confirmed on Wednesday that America has no other cards than the economic card and financial pressures to confront Iraq with in order to exert pressure and achieve its goals.

Hussein told / Al-Maalouma /, “America has no other cards than the economic cards against Iraq if it wants to tighten the noose on the country, such that it will move towards restricting the movement of Iraqi funds held in American banks.”

He added, "The American side has the economic card to play with Iraq, as it is possible to prevent dealings with certain companies and restrict financial transactions, but such a siege cannot be resorted to by Washington without justifications that push it to such options."

He explained that "America will not be able to re-exert pressure on Iraq through the security aspects related to the terrorist ISIS, and therefore it is working on the economic card to achieve its interests." End  link

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Tishwash:  Al-Sudani: Iraq is witnessing a state of recovery, growth, progress, and prosperity.

Prime Minister Mohammed Shia al-Sudani affirmed on Tuesday that Iraq is witnessing a clear state of recovery, growth, progress, and prosperity, and that we are working to advance this process. He emphasized that establishing security and stability will enable the state to provide services and implement development and economic projects.

The Prime Minister's Media Office said in a statement, seen by Al-Eqtisad News, that "Commander-in-Chief of the Armed Forces, Prime Minister Mohammed Shia al-Sudani, joined officers and fighters of the Land Forces Command for a Ramadan iftar meal."

The statement added that "al-Sudani congratulated those present on the fasting of the holy month of Ramadan, stressing that the security and stability witnessed by the country is thanks to the sacrifices of the members of the security services of all kinds. He pointed to the improvement in security indicators, in light of security and stability, and the decline in terrorist operations, attacks and even criminal crime, stressing that imposing security and stability will enable the state to provide services and implement development and economic projects."

Al-Sudani stressed - according to the statement - the necessity of securing the fighter's entitlements and rights, especially those related to providing housing, indicating that "the Ministry of Defense has made significant progress in completing the requirements for distributing residential plots, and they will soon be distributed in serviced areas among members, as a government commitment, in addition to caring for the families of martyrs and the wounded, without whose sacrifices security and stability would not have been achieved in Iraq."

The Prime Minister affirmed that "Iraq is witnessing a clear state of recovery, growth, progress and prosperity, and we are working to continue it," stressing that "we must remain prepared, alert and vigilant, and this is achieved by adhering to basic principles."

He added that "discipline, commitment, professionalism and readiness to sacrifice are military values ​​that must be present, and leaders, officers, commanders and non-commissioned officers must instill them in their behavior towards army members." He explained, "We need continuous training and updating its curricula to raise the level and readiness of army members to face various challenges."

The Prime Minister explained that "the government has made significant strides in empowering the Iraqi army, with all its leadership, formations and types, especially in the field of armament."

He continued, "Arming the army will be done through several projects that we are working to complete, in addition to rehabilitating the infrastructure of bases and camps. It is our duty to deliver all rights stipulated by laws and decisions to the families of martyrs and the wounded."

Al-Sudani concluded his remarks by emphasizing that Iraq's path is moving in the right direction toward brotherhood, solidarity, unity, and a unified national discourse for all Iraqis.  link

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Tishwash:  New Cabinet decisions include Eid al-Fitr holiday

Prime Minister Mohammed Shia al-Sudani chaired the twelfth regular session of the Council of Ministers on Tuesday, during which the latest developments in the country's general situation were discussed, the implementation of the government program was followed up, and the topics on the agenda were discussed and decisions were made regarding them.

A statement from the Prime Minister's media office, a copy of which was received by {Euphrates News}, stated: "On the occasion of Eid al-Fitr, the Council decided to suspend official work throughout the coming week. It also voted to grant a sum of money to orphans who receive cash assistance, as part of the social protection network."

He added, "In line with Iraq's consistent approach to supporting our Palestinian people in Gaza, the Council of Ministers has decided to authorize the Ministry of Health to send medicines, equipment, devices, and medical supplies to Palestinian patients and wounded patients in Egyptian hospitals. The Ministry of Foreign Affairs, in coordination with the Palestinian ambassador to Iraq, will determine the status of the wounded in Iraq and submit recommendations to the Prime Minister for decision."

In the file of supporting the Yazidi component, the Council of Ministers agreed to “extinguish (100%) of the amounts of purchasing residential plots of land, on which the houses are built in the Yazidi complexes in Sinjar and Al-Baaj, provided that a non-disposal sign is placed on the properties for a period of (3) years from the date of ownership, equal to the Council of Ministers’ decision (372 of 2019) related to Alqosh Castle in Nineveh Governorate, provided that this file is completed within 60 days.”

In the energy file, it was approved to “refer the tender for the Gas Processing Plant (GPP) at the Artawi Gas Processing Complex Project, South Gas Company, to the China Petroleum Engineering and Construction Corporation (CPECC).”

In the same context, the Council approved the recommendation to increase the purchasing power of the Deputy Prime Minister and Minister of Oil for the project to establish a gas isolation, drying and compression station in the East Baghdad field. The recommendation to refer the tender numbered CSSP-ITT-06 of Basra Oil Company to the China Petroleum Pipeline Engineering Company/CPPE was also approved, with a total implementation period of (54 months), including (42 months) for the design, preparation and implementation phases EPC and (12 months) for the operation, maintenance and training phase.

The statement continued, "The vote also included increasing the cost of the main project (to deliver fuel to industrial and electrical projects) for the Oil Ministry's pipeline company, approving the exemption of the Maysan investment refinery project from advertising, competition, and related decisions, and authorizing the Southern Refineries Company to sign the new contract."

As part of the government's efforts to diversify electricity sources, approval was given for "the Ministry of Finance to allocate plots of land in the governorates of Kirkuk, Anbar, Diyala, Salah al-Din, Najaf, Babil, Dhi Qar, Muthanna, Wasit, Maysan, and Diwaniyah) to establish renewable energy (solar) production stations, provided that the Ministry of Agriculture lifts the hand of agricultural reform from the lands covered by the agricultural reform laws, and the governorates are responsible for obtaining the approval of other relevant authorities as needed for each case."

The Council of Ministers approved authorizing the Minister of Electricity or his representative to do the following: 
1. The authority to sign with Power China International Group Limited, in the field of energy cooperation in Iraq, and to proceed with procedures in line with the Ministry of Electricity’s plan.
2. The authority to sign the principles of energy cooperation in Iraq – Phase III between the Ministry of Electricity and Siemens Energy AG.
3. Signing the framework agreement between the Ministry of Electricity and GE Vernova International.

In the agricultural sector, “the recommendation regarding the agricultural plan was approved, which includes the Ministry of Agriculture’s commitment to submitting agricultural plan distribution schedules at the level of irrigation schedules for the divisions and directorates in the governorates, in a way that ensures proper coordination between the concerned parties, and the rejection of the use of drainage water to irrigate lands, whether from the general drain, branches, or any other drains, as well as the approval of the recommendation regarding the adoption of the exploitation record and the endorsement of the Agricultural Committee in the governorate, and the endorsement of the Article (140) Committee, and for the preparation of seeds only.”

The Council of Ministers approved the "third periodic report of the Republic of Iraq on the Arab Charter on Human Rights after adopting its amendments, with the Ministry of Foreign Affairs referring the report to the relevant committee in the League of Arab States. The Council also voted to approve authorizing the Babil Governorate to issue an invitation to the company implementing the Great Hillah Sewerage Project - Phase One, the consortium of companies (GCIT BABI LIMED), to implement the second phase of the project."

As part of the government's approach to completing stalled and suspended projects, approval was given to "increase the reserve percentage and the total cost of the project (to establish a closed sports hall in Al-Qurna Sports Club), while the Council decided to postpone the collection of customs duties for imported electoral goods and materials in the name of the Independent High Electoral Commission and for their exclusive use in accordance with Cabinet Resolution (23035 of 2023), until December 31, 2025."

It was also approved that the Ministry of Planning would donate the tablets used in the 2024 General Population and Housing Census to ministries and government agencies.  link

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Mot: .. Wishing YOu a - Day full of ""Daisies"" of course!! 

Mot: . oh lordy 

Seeds of Wisdom RV and Economic Updates Tuesday Evening 3-25-25

Good Evening Dinar Recaps,

RIPPLE OPTS NOT TO CROSS-APPEAL AS SEC CASE NEARS RESOLUTION

Ripple Chief Legal Officer Stuart Alderoty posted on Wednesday on X his potential “last update” on the case.  Alderoty noted that this would all be subject to a commission vote, final documents and standard court processes

▪️Ripple has decided not to file a cross-appeal, signaling that its long-running legal battle with the U.S. Securities and Exchange Commission is nearing an end, the firm's chief legal officer said Wednesday.

▪️Ripple Chief Legal Officer Stuart Alderoty posted on Wednesday on X his potential "last update" on the case following four years of back and forth between the two. Last week, Ripple CEO Brad Garlinghouse said that the SEC had pulled its appeal of part of an earlier ruling.

A cross-appeal, which allows both sides to challenge different aspects of a court ruling, could have given Ripple a chance to contest its $125 million liability, but instead, Alderoty said the SEC will keep part of that amount and return the rest to the firm.

"The SEC will keep $50M of the $125M fine (already in an interest-bearing escrow in cash), with the balance returned to Ripple," he said. "The agency will also ask the Court to lift the standard injunction that was imposed earlier at the SEC’s request."

The SEC declined to comment. Alderoty noted that this would all be subject to a commission vote, final documents and standard court processes.

U.S. District Court for the Southern District of New York Judge Analisa Torres ruled in July 2023 that some of Ripple’s sales, called programmatic, of XRP did not violate securities laws because of a blind bid process in place for them. Torres, however, ruled that other direct token sales to institutional investors were securities.

That second part regarding institutional investors meant that Ripple would be fined $125 million.

The SEC has taken on a new direction since the new Trump administration rolled in, following former Chair Gary Gensler's exit in January. Under the previous Biden administration, Gensler had said most cryptocurrencies were securities and called on crypto platforms to register with the agency. While the agency brought cases against major crypto exchanges and firms under Gensler’s reign, the case against Ripple was brought before Gensler became chair.

Over the past several weeks, the SEC has rescinded controversial crypto accounting guidance,  looked to re-examine rules affecting crypto, created a crypto task force and issued statements on memecoins and proof-of-work.

@ Newshounds News™
Source:  The Block

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RIPPLE WALKS AWAY PAYING JUST $50 MILLION TO SEC OVER XRP LAWSUIT

The SEC first sued Ripple Labs in 2020.

Ripple Labs has agreed to pay a $50 million fine to end the U.S. Securities and Exchange Commission’s years-long investigation into the Ripple-linked firm, the company’s Chief Legal Officer Stuart Alderoty said on Tuesday.

“The SEC will keep $50M of the $125M fine,” he wrote in a post on X, formerly known as Twitter, referring to the penalty Ripple Labs was ordered to pay by a New York court in August over unregistered XRP sales to institutional investors.

Alderoty said that Ripple has meanwhile agreed to drop its cross-appeal of U.S. District Judge Analisa Torres’ decision, which found that XRP is “not necessarily a security on its face,” especially within the context of programmatic sales to unknown buyers.

The SEC, under the leadership of former Chair Gary Gensler, sought a $2 billion penalty against ripple labs for what it claimed were unregistered securities transactions. The SEC first brought its lawsuit against Ripple Labs during President Donald Trump’s first administration.

Alderoty’s declaration follows Ripple CEO Brad Garlinghouse’s recognition that the SEC’s case has ended. He described it as a “long overdue surrender” on the regulator’s part last week.

The SEC’s about-face was widely expected following Trump’s reelection. Since Acting SEC Chair Mark Uyeda took over the agency’s reins, it has retreated from several enforcement cases, including those against the crypto exchanges Coinbase and Kraken.

Alderoty said on Tuesday that the decision is subject to Commission vote, echoing a video posted alongside Garlinghouse’s announcement last week.

A Ripple spokesperson told Decrypt then that the “timeline is completely in the SEC's control,” and it may take “several weeks” for the case to be officially withdrawn.

@ Newshounds News™
Source:  Decrypt

~~~~~~~~~

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Iraq Economic News and Points to Ponder Tuesday Afternoon 3-25-25

MP: The 2025 Budget Amounts To 216 Trillion Dinars, And Sending Its Schedules To Parliament Has Been Postponed

Deputy Chairwoman of the Parliamentary Finance Committee, Ikhlas al-Dulaimi, ruled out on Tuesday the government's submission of the 2025 budget tables within the next two months, confirming that their total value amounts to 216 trillion dinars.

Al-Dulaimi explained that the Ministry of Finance has not yet sent the 2025 budget tables to the Council of Ministers, even though the Financial Management Law stipulated that they be submitted in October 2024 for approval before the start of the new year.

She added that the actual spending in the budget is estimated at 160 trillion dinars, noting that the Ministry of Finance has not yet completed preparing the tables, which could lead to postponing the budget approval until after the election.

The Iraqi Parliament voted last February on the first amendment to the Federal General Budget Law for the fiscal years 2023, 2024, and 2025.   https://www.radionawa.com/all-detail.aspx?jimare=41469

Iraq Suspends Official Work Throughout The Next Week

Local  Economy News – Baghdad  The Council of Ministers decided, on Tuesday, to suspend official work throughout the coming week on the occasion of Eid al-Fitr.

The Prime Minister's Media Office said in a statement received by Al-Eqtisad News that "the Council of Ministers has decided to suspend official work throughout the coming week on the occasion of Eid al-Fitr."  https://economy-news.net/content.php?id=53783

Prime Minister's Advisor: Iraq Attracts Major Us Investments

The Prime Minister's Advisor for Foreign Relations, Farhad Ala'aldin, confirmed on Tuesday that Iraq's economic development has attracted major American investments, pointing to an upcoming visit by a high-level US delegation to study investment opportunities in Iraq.

Ala'aldin explained in a statement that "the relationship between Iraq and the United States is a strategic one based on common interests and mutual respect, in accordance with the Strategic Framework Agreement between the two countries."

He stressed that the two sides are working to develop a roadmap to expand and deepen this relationship and enhance cooperation in areas such as investment, infrastructure development in the energy, technology, and agriculture sectors, in addition to continuing the partnership in the fight against terrorism and regional and international coordination.

He pointed out that Iraq is witnessing remarkable economic development that provides promising opportunities in several vital sectors, explaining that there is growing interest from the United States to invest in the Iraqi market. He pointed out that there is ongoing communication with major American companies wishing to enter the Iraqi market, in light of the government's facilitations to ensure an attractive investment environment.

Ala'aldin also announced an upcoming visit by a high-level delegation of American companies to discuss investment opportunities in Iraq, in addition to holding meetings with government officials and local companies.

Regarding the Prime Minister's official visits, Alaa El-Din emphasized that each visit is organized according to a schedule and program that serves the common interests of both countries. He added that a visit to a regional country is coming soon, followed by preparations for the Arab Summit, which comes at a sensitive time given the security and political challenges facing the region. https://www.radionawa.com/all-detail.aspx?jimare=41473

Oil Exploration: We Possess Modern Technologies That Rival International Companies

Energy Economy News – Baghdad  The Oil Exploration Company announced on Tuesday that it possesses modern global technology comparable to that of international companies. It also indicated a five-year plan for exploration and determining the size of oil reserves.

"The Oil Exploration Company is the only company in Iraq that explores oil and gas sites across Iraq, from north to south," said Osama Raouf, the company's general manager, in an interview with the Iraqi News Agency, followed by "Al-Eqtisad News."

 He explained that "the size of Iraqi explorations in relation to reserves is measured through a five-year plan and an annual plan, whereby plans are measured in relation to the size of reserves existing in Iraq. The larger the exploration plan, the greater the percentage of reserves in Iraq."

He added that "the percentage of reserves is primarily due to exploratory drilling operations. The more exploratory drilling sites there are, the greater the reserves in Iraq."

He explained that "reserves in Iraq are due to increased exploratory drilling and the discovery of new reservoirs, both visible and invisible, that were not previously explored and were recently explored."

He continued, "The Oil Exploration Company possesses modern global technology that matches the technologies found in international companies," stressing that "the company relies primarily on 100 percent national cadres.

We do not have experts, but we have global technologies that match the technologies of international exploration companies." https://economy-news.net/content.php?id=53776

Iraq Begins Implementing The TIR System: A Step Towards Boosting International Trade And Reducing Transportation Costs

Buratha News Agency832025-03-25   The American Transportation Bulletin, a website specializing in commercial shipping affairs, stated that Iraq will begin implementing a global transportation system next week, marking the beginning of a new era in logistics and international trade.

The website's report explained that the TIR system will become fully operational when it goes live in Iraq on April 1, 2025.  TIR is an international customs transit system that allows goods to pass from the country of origin to the country of destination in sealed loading containers with customs controls throughout the supply chain, helping transportation companies and customs authorities save significant time and money at the border.

The report also noted that this important achievement strengthens Iraq's position as a major trading hub in the Middle East, making the transport of goods more efficient and secure across and beyond Iraq's borders.

In addition, the report stated that the TIR system will play a significant role in transforming Iraq's "Development Road" project into reality, which will connect southern Iraq to northern Iraq and provide an efficient trade corridor linking Asia, the Gulf Cooperation Council countries, Turkey, and Europe.

According to the report, logistics and transportation companies are ready to begin implementing TIR operations from points of origin such as Mersin in Türkiye to GCC countries via the Iraqi port of Umm Qasr.

Trial operations have shown that this journey can be completed in less than a week, compared to a minimum of 14 days via the Red Sea, or 26 days if the ship has to make a circuit around Africa.

In contrast, Iraqi Minister of Transport Razzaq Al-Saadawi stated: "The operation of the TIR system in Iraq, in which the IRU played a significant role, represents a major achievement, positioning the country for a new phase of potential investment and inter-trade with our neighbors and other countries in the region."

Al-Saadawi added that TIR will benefit from Iraq's strategic location, contributing to enhancing the efficiency of cross-border trade. He noted that this move, supported by Prime Minister Mohammed Shia al-Sudani, will reduce transportation time by 80% and costs by 38%, providing significant economic benefits and job opportunities.

Al-Saadawi added that Iraq has worked to develop its land transport infrastructure over the past two years in cooperation with all relevant stakeholders, and that the government is committed to maximizing the benefits of the system to support the transport sector and the national economy.

For his part, IRU Secretary General Umberto de Pretto expressed his enthusiasm for this "historic" achievement, saying: "For nearly eight decades, the TIR system has contributed to promoting safe trade, and I look forward to seeing the first TIR truck cross Iraqi territory."

He explained that these trucks will transit the country smoothly through corridors that provide a high level of security, opening a new chapter in Iraq's role in international trade.

The report concluded by emphasizing that integrating the electronic pre-declaration system with the local Iraqi TIR platform will allow for advance submission of shipment information, enhancing the efficiency of customs procedures.

Meanwhile, stakeholders will be able to closely monitor trucks using GPS technology, with regular checkpoints to ensure the safety of shipments and transportation so they reach their final destination safely and on time.   https://burathanews.com/arabic/economic/458009

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 3-25-25

Good Afternoon Dinar Recaps,

RIPPLE LAWSUIT NEWS: XRP COMMUNITY SEEKS MASSIVE $500 BILLION RESTITUTION AFTER SEC FALLOUT

▪️Jimmy Vallee seeks $500B restitution for XRP holders, arguing SEC’s lawsuit caused massive losses and stunted XRP’s price potential.

▪️Vallee’s Crypto Justice Coalition pushes for XRP investor compensation, bypassing courts to negotiate alternative legal solutions

Jimmy Vallee, founder of Valhil Capital, is pushing for a massive $500 billion restitution for XRP holders. This push comes in response to the U.S. Securities and Exchange Commission’s (SEC) 2020 lawsuit against Ripple, which alleged that XRP sales were unregistered securities offerings.

The lawsuit triggered a major selloff, causing XRP’s price to drop by nearly 75%, and many exchanges removed the token from their platforms, further damaging its market position. Vallee, along with his firm, believes that without the SEC’s interference, XRP could have followed a price path similar to that of Bitcoin or Ethereum. He argues that XRP’s price could have easily exceeded its previous all-time high of $3.84, potentially reaching $10 today.

Jimmy Vallee’s $500 Billion Restitution Push

To help address these alleged injustices, Vallee has launched the Crypto Justice Coalition, which aims to secure financial compensation for affected XRP holders. Vallee claims that over 76,000 XRP holders, represented by attorney John Deaton during the Ripple case, should be eligible for a portion of the proposed $500 billion restitution.

Following the SEC’s decision to drop its lawsuit against Ripple, the call for compensation has gained fresh momentum. Vallee has stated that he does not intend to pursue compensation through the federal court system, citing concerns about the potential bias within the courts. Instead, he is looking into alternative legal routes and possible negotiations with regulators to resolve the issue.

The Future of XRP and Market Recovery Prospects

Vallee’s proposal for a $500 billion restitution stems from the significant market opportunities lost due to the SEC’s actions. Currently, XRP’s market cap is around $140 billion, but if its price had followed Vallee’s projection of $8 to $10 per token, the market cap would have surpassed $500 billion.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

BRICS NATION STRIKES MAJOR DEAL WITH THE US: WHAT TO KNOW

Although both sides have had a contentious first three months of the year, one BRICS nation has made a major deal with the US. Indeed, the United Arab Emirates (UAE) made headlines last week when it announced a $1.4 trillion investment framework in the United States. Now, the geopolitical landscape is asking just what it means for both sides.

The economic alliance has been on the receiving end of the ire of US President Trump since his election win in November of last year. He has maintained his focus on ensuring the status of the US dollar as a global reserve asset does not change. In doing that, he has targeted the BRICS bloc. Specifically, he has answered their de-dollarization efforts with aggressive economic policy.

UAE & US Make Major Deal: So What Does That Mean for BRICS?

The last three months have seen increased geopolitical tensions between the West and the Global South. For the last two years, the latter has sought to promote the use of local currencies in its trade dealings. That has been a focal point for the alliance as it pursued ways to level the playing field of global economies.

However, the tensions between the BRICS and the US took an interesting turn last week when the UAE struck a deal with the Trump administration. Moreover, they agreed to a 10-year agreement that will see them inject the Western power with an influence of capital. The deal came together quickly, with the agreement coming just days after the US president and UAE officials met.

So, what exactly does this mean for the economic alliance? The UAE is very much engaged in the bloc’s continued development. In fact, Monday saw Russia and the country meet to discuss the strengthening of their cooperation. That would lead some to believe that the alliance has come to an end in the traditional sense.

Yet that has been rejected by India in a recent statement. Indeed, the nation’s External Affairs Minister, Dr. S. Jaishankar, discussed the belief that the bloc is “disintegrating” under the weight of US tariff threats. He clearly spoke out against such accusations, claiming that the bloc was continuing its growth efforts as a collective.

The reality is that this may be the bloc evolving past its de-dollarization efforts. Many of the participating countries have sought to challenge the belief that they want to end the greenback. Therefore, it looks as though that has become their primary function.

Specifically, the BRICS bloc is set to embrace trade and economic access for developing nations. In the meantime, they will seek to challenge the unbalanced global hierarchy that sees the United States as the dominant force. As long as they don’t target the US dollar directly, President Trump may just be able to live with that.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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They Debased USD Reserve and Destroyed our Industries

They Debased USD Reserve and Destroyed our Industries

Liberty and Finance:  3-24-2025

The U.S. economy has been grappling with persistent trade deficits for decades, sparking heated debates about their impact on American manufacturing, jobs, and overall prosperity.

 In a recent discussion with Liberty and Finance, journalist and founder of The Brownstone Institute, Jeffrey Tucker, delved into the intricate web of factors contributing to these deficits and offered a compelling perspective on potential solutions.

Tucker began by exploring the historical trajectory of American manufacturing, lamenting the decline in factories and the loss of domestic production. He argued that a complex interplay of factors, beyond simple protectionism, has contributed to this shift.

 Highlighting the global reach and influence of the U.S. dollar, Tucker explained its crucial role in international trade. The dollar’s status as the world’s reserve currency, while offering certain advantages, also creates unique challenges in addressing trade imbalances.

One of the key concepts Tucker emphasized was the importance of the price-specie flow mechanism, a classical economic theory that describes how trade imbalances are naturally corrected over time.

This mechanism posits that a nation with a trade deficit will experience an outflow of gold (or other precious metals, historically), leading to a decrease in its money supply and a subsequent fall in prices. This, in turn, makes its goods more competitive on the global market, eventually correcting the trade imbalance.

However, Tucker argues that this natural corrective mechanism has been significantly hampered by modern monetary policies and interventions. He criticizes government policies that distort market signals and interfere with the natural flow of capital.

Tucker also acknowledged the complexities arising from global currency dynamics, recognizing that international trade is not simply a matter of bilateral agreements between nations. He argued that understanding and adapting to the ever-changing global economic landscape is crucial for navigating the challenges of trade deficits.

Ultimately, Tucker’s perspective offers a sobering yet optimistic view of the path forward for the American economy. By embracing policies that promote economic freedom, reduce government intervention, and foster a competitive business environment, he believes the U.S. can revitalize its manufacturing sector, improve its trade balance, and secure a more prosperous future.

 His insights provide a valuable contribution to the ongoing debate surrounding trade deficits and offer a framework for considering alternative approaches to economic policy.

 While the solutions are complex and multifaceted, Tucker’s emphasis on deregulation, free markets, and sound monetary policy offers a compelling starting point for a much-needed conversation.

https://youtu.be/woARYDsUUKo

Iraq Economic News and Points to Ponder Tuesday AM 3-25-25

Iraq Confronts Economic Crises With Digital Dinar, Parallel Market Threatened With Extinction
 
Reports  Economy News – Baghdad  The Central Bank of Iraq is preparing to launch the digital dinar, 
marking the transition to digital currency management. The  digital dinar is a digital currency issued by the central bank,  officially part of a country's monetary system.
 
It is  similar in value to the traditional dinar, but is   traded electronically via digital wallets or approved financial applications.

It
 
     facilitates instant money transfers within the country or across borders,
     reduces the logistical burden of issuing paper or metal currency, and
     enables broader segments of society to access digital financial services.
 
This project comes in light of the 
significant economic challenges facing Iraq, such as its
 
     heavy reliance on paper money and the phenomenon of
     hoarding.
 
The digital dinar aims to address these challenges by providing a safe and effective digital alternative to paper money.
 
Central Bank Governor Ali Al-Alaq had previously stated during a speech he delivered at the Finance and Banking Conference and Exhibition that
 
"the financial and banking system will witness fundamental transformations, including the
 
     decline of paper currencies and their
     replacement by digital payments for central banks." He explained that
 
"the Central Bank is moving to create its own digital currency, which will gradually replace paper transactions, as is the case with some central banks around the world."
 
Mazhar Saleh Mohammed, the Prime Minister's advisor for financial and banking affairs and former deputy governor of the Central Bank,
 
highlighted the
 
     importance of the digital dinar and
     its relationship to the dollar exchange rate in local markets.

Speaking to Al-Eqtisad News, Mohammed emphasized that the
 
digital dinar is a global trend in the development of payment systems, particularly in the description of monetary units that will acquire digital rights bearing the same legal force issued by the monetary authority as banknotes in the discharge of debts, as
 
they are units of
 
     account,
     exchange, and
     storage of value
 
within the digital economic community and via a highly sophisticated, rapid, and accurate information system.

He added that these monetary units will be used with
 
     high transparency to
     cover various real transactions of goods and services, as well as to
     settle small and large obligations. He noted that
 
all exchange transactions will be transparently recorded between traders, up
to the point of purchasing a loaf of bread, under the supervision of the monetary authority, thus
 
ending the ambiguous or illegal uses of money once and for all.
 
Regarding the digital dinar's relationship to exchange rates,
 
Al-Sudani's advisor explained that the
 
official exchange rate will be the prevailing and sole rate, the digital exchange rate adopted by monetary policy.
 
The parallel market will disappear in its current form, as
 
it is difficult to invent a secondary digital market whose operations operate outside the control of the digital monetary authority. However,
 
usurious digital markets may emerge among the same traders. He pointed out that the
 
digital cash system provides the banking system with sufficient digital cash liquidity to grant loans without the risk of liquidity risk within banking markets.

This
 
     encourages investors to borrow easily,
     increases economic growth levels, and
     promotes sustainable development. It also
     facilitates access to global digital exchanges for global payments and settlements.
 
"Introducing digital currency requires two things," according to the Prime Minister's advisor. He explained that the
 
first is a high level of public awareness of the digital monetary system, while the
 
second is the availability of an advanced information, communications, and data technology infrastructure that evolves continuously over time. He pointed to the
 
need for a legal infrastructure to protect digital currency transactions, particularly in
protecting the rights of users to their income and wealth, which
cybersecurity provides against any dangerous digital breaches.
 
Many questions are being raised about the digital dinar and its differences from cryptocurrencies, which economic expert Ziad Al-Hashemi answers. Al-Hashemi points to
 
a "significant difference" between digital currencies and cryptocurrencies:
 
"The former are issued and regulated by central banks, such as the digital dollar and the digital dirham, while
 
cryptocurrencies such as Bitcoin are not subject to any official authority and
 
their value depends on supply and demand, making them highly volatile." He stated that
 
if the Central Bank of Iraq issues the digital dinar,
 
it will be the sole entity
 
     controlling the issuance and distribution of the digital currency,
     facilitating oversight and
     preventing financial crimes,
 
unlike cryptocurrencies, which operate on a decentralized system that is difficult to control. He pointed out that the
 
digital dinar will be fully backed by the central bank and have a relatively stable value, similar to paper currency.

However, it will be
     traded electronically only through bank accounts and wallets, contributing to
     reducing the use of paper money,
     achieving financial inclusion, and
     reducing reliance on the dollar in daily transactions. Al-Hashemi noted that the
 
primary goal of this step is to eliminate the phenomenon of cash hoarding, whereby citizens hold large sums of money outside banks due to lack of confidence in the banking system.
 
This hinders the flow of funds and negatively impacts economic activity.
 
If the project implemented well, the
 
digital dinar could help

     disburse hoarded liquidity and

     stimulate lending and credit.
 
views 1872     Added 03/17/2025 - 10:31 AM     https://economy-news.net/content.php?id=53480   

Rafidain Bank Director: Money laundering poses a direct threat to economic systems.
 
March 24, 2025 Baghdad/Iraq Observer Rafidain Bank's General Manager, Ali Al-Fatlawi,
highlighted the importance of the AML system in enhancing financial transparency, noting that
 
the bank has taken important strategic steps in the field of combating money laundering and terrorist financing. “In light of the
 
escalating challenges associated with financial crimes globally, anti-money laundering (AML) systems have become a top priority for financial institutions and governments, as
 
they are the cornerstone of protecting the integrity of financial markets and enhancing economic stability,” said Ali Al-Fatlawi, General Manager of Rafidain Bank, in a televised interview followed by “Iraq Observer.”  

He indicated that
 
“with countries committed to implementing strict international standards in this area,
 
Rafidain Bank stands out as a leading Iraqi financial institution that has adopted the latest monitoring and compliance systems,
 
which strengthens Iraq’s position in the global financial system.”
 
Regarding the importance of the anti-money laundering system and its role in financial stability, Al-Fatlawi explained that
 
“money laundering poses a direct threat to economic systems, as
 
it enables illegal activities to integrate into the financial system,
leading to monetary instability and weakening economic policies.” He added,
 
“For this reason, financial institutions implement strict measures to ensure compliance with global standards, such as the Financial Action Task Force (FATF) recommendations, which establish a comprehensive framework to combat these financial crimes.” He pointed out that
 
“the Anti-Money Laundering (AML) system aims to prevent, analyze, and detect suspicious financial activities,
 
through mechanisms that include:
 
- Customer identity verification (KYC) to ensure knowledge of the true sources of funds.
 
- Monitor financial transactions to detect any unusual activity.
 
- Immediately report suspicious transactions to regulatory authorities.

-Using modern technology in financial analysis to enhance the efficiency of detecting illegal activities.” He continued,
 
"These practices not only
     enhance the transparency of financial markets, but also
     contribute to raising countries' financial ratings and
     improving the business and investment environment." He explained that
 
"Rafidain Bank, as a banking institution with a significant market share in Iraq,
 
continues its pioneering role in developing the local banking infrastructure in accordance with the latest international standards." He emphasized that "in recent years,
 
the bank has taken significant strategic steps in the field of combating money laundering and terrorist financing,
 
reflecting its unwavering commitment to enhancing financial transparency and achieving full regulatory compliance."
 
Regarding the launch of the Anti-Money Laundering (AML) system, he stressed that “in a qualitative step,
 
Rafidain Bank announced the launch of an advanced system to monitor daily banking transactions across its branches,
 
making it the first Iraqi bank to adopt this regulatory approach in accordance with the latest global banking technologies.” He noted that
 
“this project was implemented in partnership with specialized international institutions, as
 
it aims to analyze and track all financial transactions in real time, which contributes to
 
enhancing the level of banking security and

combating any illegal attempts at money laundering.” He explained that
 
"the system's first phase included six major branches of regulatory importance, including Al-Waziriyah, Al-Muheet, Al-Rafie, Al-Dura Oil Complex, Zurbatiyah, and Safwan,
 
with the plan to gradually expand to the remaining branches.

This system is characterized by its ability to:
 
-Identify suspicious financial activities immediately, enabling rapid response.
 
- Analyzing big data and its cross-reference with international sanctions lists, ensuring full compliance with regulatory standards.
 
-Improving financial audit efficiency by shifting from paper-based processes to smart digital systems. He pointed out that
 
"this initiative confirms that Rafidain Bank is adopting a proactive approach to combating financial crimes, which strengthens its position as a trusted banking institution within Iraq, regionally, and internationally."
 
Regarding the economic and regional repercussions of adopting AML systems in Iraq, Al-Fatlawi explained,
 
"Rafidain Bank's commitment to best practices in combating money laundering leads to strategic outcomes that extend beyond the bank itself to encompass the Iraqi economy as a whole.
 
Advanced banking systems that adopt cutting-edge AML technologies enable:
 
- Achieving financial stability by preventing illicit money flows, which may negatively impact cash liquidity and price fluctuations.
 
- Strengthening international banking relations, as compliance with global standards enhances opportunities for establishing partnerships with foreign correspondent banks, facilitating the smooth flow of financial transfers and foreign investments.
 
- Stimulating foreign direct investment, as international investors seek safe financial environments free from regulatory risks.
 
- Improving Iraq's global financial reputation, which will contribute to raising the Iraqi banking system's rating with international financial institutions. He continued,
 
"Rafidain Bank is at the forefront of banking transformation, as the
 
progress it has made in implementing anti-money laundering systems reflects its commitment to international standards and its keenness to protect the Iraqi banking sector." He indicated that
 
"by employing advanced financial technology, a strict commitment to transparency, and integration with international regulatory systems,
 
the bank continues its role as a pivotal financial institution in supporting financial integrity and economic stability." He continued,
 
"As the Iraqi banking sector continues its digital transformation,
 
Rafidain Bank's experience represents a successful model for balancing regulatory compliance with technological advancements,
 
paving the way for a more transparent and reliable banking future, both domestically and internationally."     https://observeriraq.net/مدير-مصرف-الرافدين-غسل-الأموال-يمثل-ته/  

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Tuesday Morning 3-25-25

Good Morning Dinar Recaps,

CRYPTO NEWS: ACTING CHAIR STANDS ALONE, VOTES AGAINST SUING MUSK FOR STOCK DISCLOSURE DELAY

▪️SEC lawsuit against Elon Musk faces internal divisions, with acting chair Mark Uyeda opposing legal action over Musk's Twitter stock purchase.

▪️Musk’s SEC lawsuit sparks debate on securities laws for tech executives amid shifting crypto enforcement and regulatory priorities.

The U.S. Securities and Exchange Commission (SEC) has faced internal divisions regarding its decision to pursue legal action against Elon Musk. Mark Uyeda, the acting SEC chair, was reportedly the only commissioner who opposed suing Musk over his delayed disclosure of his stock purchase in Twitter, now rebranded as X.

According to a report by Reuters, this decision comes at a time when the SEC is dealing with shifting priorities and challenges within the agency. The vote to determine whether Musk should face a lawsuit took place behind closed doors, with Uyeda breaking from the other commissioners who favored legal action.

The SEC had formally filed a lawsuit against Musk in January 2025, alleging that he violated federal securities laws by failing to disclose his acquisition of more than 5% of Twitter’s stock in 2022. This failure to file the necessary report allowed Musk to purchase additional shares at artificially low prices, potentially saving him millions of dollars.

SEC’s Changing Stance

The SEC has been adjusting its approach to regulating cryptocurrency, easing enforcement actions against companies such as Ripple, OpenSea, and Coinbase. This more lenient stance has sparked discussions about the agency’s evolving priorities.

Musk’s involvement in the Trump administration has also generated attention. He was appointed by former President Donald Trump to lead the newly established Department of Government Efficiency, a role designed to streamline regulatory practices. Musk’s relationship with Trump continues to raise speculation about potential influence on regulatory decisions.

The SEC’s case against Musk brings to attention the ongoing debate about how securities laws apply to tech executives, particularly in the changing digital asset space. The outcome of this lawsuit could have significant implications for future regulatory actions in the U.S.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

RIPPLE CEO BRAD GARLINGHOUSE PREDICTS ‘TRUMP EFFECT’ WILL SPARK CRYPTO ADOPTION WAVE IN 2025

Ripple CEO Brad Garlinghouse is predicting crypto adoption will soar this year as US President Donald Trump embraces the industry.

In a new interview with Fox Business, Garlinghouse says that since the United States is no longer stifling the crypto industry with unnecessary lawsuits and regulation by enforcement, the growth of the digital assets sector is poised to skyrocket.

“Once the United States government filed suit, we really were kind of frozen in the US market, and so about 95% of our customers today, Ripple’s customers, are non-US financial institutions, and those are some of the largest financial institutions, ranging from HSBC and BBVA to payment providers you wouldn’t necessarily have heard of. Markets like Japan, I think are still unlocking.

The market opportunity here is massive. You have trillions of dollars flowing cross-border globally. It’s still largely dominated by the Swift network, if you will. That’s a technology architecture that was developed 50 years ago. There’s an opportunity to modernize.

That takes time, particularly when you have a government in the US kind of combating that innovation. But that’s changing now. The Trump effect, if you will, is profound. You’re seeing that in asset prices, but you’re also going to see that in the adoption of these technologies.”

The Ripple CEO also says that blockchain technology may be adopted for a number of uses, including the trading of stocks and the selling and buying of real estate.

“We’re definitely already seeing a change in the domestic interest. These six weeks after President Trump was elected, we signed more deals in the United States than we had in the previous six months. So these are very innovative technologies.

I think they’re going to play out over 10, even 20 years, in terms of how they integrate and rewire the financial infrastructure of the United States. That’s across payments, that’s across even the settlement of maybe real estate transactions, securities transactions.

So I think we’re going to see this play out over a long arc, but the United States is finally unlocked, and I think people are underestimating how big that change is, and you’ll see that continue to play out this year.”

@ Newshounds News™
Source:  DailyHodl

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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“Tidbits From TNT” Tuesday Morning 3-25-2025

TNT:

Tishwash:  Look: UAE issues new polymer Dh100 banknote, in circulation from today

The new currency features the Etihad Rail, the Um Al Quwain National Fort and the Port of Fujaira

The Central Bank of the UAE (CBUAE) has launched a new Dh100 banknote. The currency note is made of polymer and features innovative designs and advanced security features.

The new banknote will be circulated with the existing Dh100 note starting today, March 24. All banks and exchange houses have been instructed to programme their cash deposit machines and counting devices to ensure seamless acceptance of the new notes alongside existing paper and polymer ones, the value of which is guaranteed by law.

The new banknote's design is distinctive, employing various shades of red. The CBUAE maintained the colour characteristics of the current denomination. Furthermore, the design incorporates the UAE nation brand, with drawings and inscriptions created using advanced printing techniques. link

Tishwash:  The House of Representatives completes the first reading of the draft law on the Popular Mobilization Forces

 On Monday, the House of Representatives completed the first reading of the Popular Mobilization Forces Law.

Al-Maalouma correspondent said, “The House of Representatives held its session, chaired by Mahmoud Al-Mashhadani, with 170 representatives in attendance, to vote on the items on the agenda.”

He added, "The Council has completed the first reading of the draft law of the Popular Mobilization Authority."

He stated that "Parliament completed the first reading of the cancellation of the rating of the agreement exempting holders of diplomatic and service passports from entry visas between Iraq and Cyprus."  link

*************

Tishwash:  To provide alternatives to Iranian gas, Iraq is moving toward importing gas from Qatar, Indonesia, Algeria, and Brazil.

The Prime Minister's Advisor for Electricity Affairs, Adel Karim, confirmed on Tuesday that the Iraqi government is continuing its efforts to ensure stable energy supply, noting that there is a plan to supply gas via a floating platform from four countries.

"The situation is currently good, and we have taken several measures," Karim said, according to the official agency. "Prime Minister Mohammed Shia al-Sudani has directed the import of diesel from neighboring countries and the completion of the floating platform in Khor al-Zubair. Iraq is working to provide alternatives to gas from several countries, including Qatar, Algeria, Indonesia, and Brazil, in addition to other countries within the global market."

He explained that "the volume of imports via the floating platform will reach 400 cubic meters per day, equivalent to a production capacity ranging between 1,500 and 2,000 megawatts of electricity."

Regarding gas self-sufficiency plans, the advisor noted that "the government has made progress on associated gas investment projects and gas fields, and Iraq is expected to begin receiving significant quantities of domestic production between 2026 and 2029, which will help reduce reliance on imports."

Regarding current energy needs, he explained that "the government has referred a number of major power plant projects for implementation, with a production capacity of up to 35 megawatts, which will help reduce the deficit in the coming years."

Regarding the upcoming summer, the advisor pointed out that "there are two major problems: the first is the availability of fuel for power plants, which the government is working to address, and the second is the growing demand for energy due to population expansion and increased consumption." He emphasized that "efforts are continuing to ensure the stability of the electrical system in all governorates."  link

***********

Tishwash:  Iraq ranks sixth in the Arab world and 68th globally in the Purchasing Power Index.

Numbeo, a website specializing in the living standards of countries around the world, ranked Iraq sixth in the Arab world and 68th globally in the 2025 Purchasing Power Index.

The website stated in its latest report, reviewed by Shafaq News Agency, that Iraq scored 54.5% on the index, out of a list of 139 countries.

Globally, Qatar topped the rankings with a score of 177.9%, followed by Luxembourg with 177.1%, Kuwait with 174%, Switzerland with 159%, Oman with 152%, the United States of America with 146.7%, and Saudi Arabia with 146.1%.

The report also indicated that Guernsey ranked eighth with a score of 136%, followed by Australia in ninth place with 135%, and Denmark in tenth place with 133%.

In the Arab world, Qatar topped the list, followed by Kuwait, Oman in third place, Saudi Arabia in fourth place, and Bahrain in fifth place. Iraq came in sixth place, followed by Jordan, Libya, Morocco, and Lebanon in tenth place.

At the bottom of the global rankings, Cuba, Syria, and Cameroon, respectively, were among the lowest in the purchasing power index. link

***********

Mot:  ... Trying Not to Brag – But 

Mot: Moseying and High tailin  

MilitiaMan & Crew-Iraq Dinar News-Expedite Budget-Global Developments-Single Window-Digital Dinar-IMF-Revaluation

MilitiaMan & Crew-Iraq Dinar News-Expedite Budget-Global Developments-Single Window-Digital Dinar-IMF-Revaluation

3-24-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=w4AviVKQijs

Seeds of Wisdom RV and Economic Updates Monday Evening 3-24-25

Good evening Dinar Recaps,

HOW WILL TRUMP’S “LIBERATION DAY” TARIFFS IMPACT BITCOIN PRICE?

▪️Trump’s “Liberation Day” on April 2 aims to reshape trade policies but could spark global volatility.

▪️Analyst Alex Kruger warns April 2 could be 10x more impactful than Federal Reserve meetings.

▪️Experts predict a harsh tariff policy could crash the market by 10% to 15% rapidly.

Financial markets started the week with gains, but a storm could be brewing. April 2, dubbed “Liberation Day” by U.S. President Donald Trump, marks the rollout of new tariffs targeting countries with trade barriers against the U.S. Trump says this will strengthen the American economy, but experts warn it could unleash serious market chaos.

Crypto markets are already reacting- Bitcoin has surged to $87,230, while Solana’s SOL is up nearly 6% to $138.

But that might just be the beginning. With global markets on edge and uncertainty running high, the real question is: will April 2 bring a financial boost or a major meltdown?

What Is Happening on April 2?

On April 2, the U.S. government will introduce a new round of tariffs. Trump sees this as a move to strengthen the U.S. economy, but analysts worry it could cause financial instability worldwide.

Economic expert Alex Kruger says this could be the biggest market event of the year – possibly “10 times bigger” than any Federal Reserve meeting.

Kruger explains that the market’s reaction will depend on how strict Trump’s tariffs are. If the tariffs are mild, the market may rise sharply. But if Trump announces harsh trade rules, the market could fall by 10% to 15% very quickly.

Investors Prepare for Market Swings

Some analysts warn that the impact of these tariffs could hit hardest around mid-April, just as U.S. Tax Day approaches—already a volatile period for financial markets.

Meanwhile, other countries are working to reduce trade tensions. Mexico’s President Claudia Sheinbaum is in talks with the U.S. to address immigration and crime, hoping to avoid economic fallout. However, experts say this may not be enough to prevent market risks.

Tariffs Already Causing Disruptions

The effects of Trump’s trade policies are already being felt. In February, he raised tariffs on Canadian, Mexican, and Chinese imports, causing an immediate downturn in the crypto market. Bitcoin plunged from $105,000 to $92,000, and the total crypto market cap dropped by 8% in a single day.

With just days left until April 2, investors are bracing for major market swings. If the tariffs are aggressive, both stock and crypto markets could experience extreme volatility.

@ Newshounds News™
Source:  Coinpedia

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BITCOIN AND STOCK MARKET RALLY HARD AS WHITE HOUSE NARROWS SCOPE OF TARIFFS

Digital assets and equities are soaring on the weekly open amid renewed optimism stemming from the White House taking a softer tone on tariffs.

While tariff threats initially sparked one of the worst stock market drawdowns in recent memory, reports are now suggesting that President Trump’s aggressive trade negotiations may be in the process of a smooth resolution.

Citing “US officials familiar with the matter,” Bloomberg reports that Trump’s reciprocal tariffs may be more targeted than initially anticipated, with some countries being exempt, and some sector-specific levies being delayed by the White House.

The Wall Street Journal reported similar information.

"All major stock indices opened the week well into the green, while Bitcoin (BTC) is up 3% on the day and is now up 15% from its 2025 low near $76,500."

Said Tobin Marcus of Wolfe Research in a note seen by CNBC,

“Omitting the sectoral tariffs from the April 2nd package significantly reduces both its aggregate scale and the maximum rate on targeted sectors, given that all of Trump’s tariffs to date have been designed to stack… The ceiling for reciprocal tariffs on April 2 remains dramatic, and we still expect a negative market reaction, but the scale won’t be as severe and the sectoral impacts won’t be as concentrated.”

However, in a post on Truth Social, President Trump announced that “secondary tariffs” would be placed on Venezuela and any country that purchases oil and/or gas from the country.

Trump cited numerous reasons, including “the fact that Venezuela has purposefully and deceitfully sent to the United States, undercover, tens of thousands of high level, and other, criminals, many of whom are murderers and people of a very violent nature.”

@ Newshounds News™
Source:  DailyHodl

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