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Iraq News Highlights and Points To Ponder Tuesday AM 10-29-24
Reassuring Citizens.. Economist: The Dollar Exchange Rate Will Return To Stability
Economy |Baghdad Today – Baghdad Economic expert Mustafa Akram Hantoush commented, today, Tuesday (October 29, 2024), on the return of stability of the dollar exchange rate in local markets.
Hantoush said in an interview with Baghdad Today, "The rise in the dollar exchange rate has several reasons, including trade with Iran and Syria and travelers, the absence of the platform and the presence of small traders, and the presence of the parallel market."
Reassuring Citizens.. Economist: The Dollar Exchange Rate Will Return To Stability
Economy |Baghdad Today – Baghdad Economic expert Mustafa Akram Hantoush commented, today, Tuesday (October 29, 2024), on the return of stability of the dollar exchange rate in local markets.
Hantoush said in an interview with Baghdad Today, "The rise in the dollar exchange rate has several reasons, including trade with Iran and Syria and travelers, the absence of the platform and the presence of small traders, and the presence of the parallel market."
He added, "As for the recent increase, it was due to fears of the expansion of the war in the region," indicating that "as a result of the absence of a major war and with the increasing news about stability in the coming period, the demand for the dollar will decrease and thus the dollar exchange rate will return to stability at 150 thousand dinars."
It is noteworthy that the dollar exchange rate has recorded a continuous decline over the past two days after it rose during the past period to more than 153 thousand for every 100 dollars. LINK
Currency Smuggling Mafias Seize Crises To Undermine The Economy And Deplete Reserves!
Posted on 2024-10-29 by sotaliraq In light of the economic and political crises witnessed by Iraq and the region, there are increasing reports of the increasing activity of currency smuggling mafias that exploit these conditions to their advantage.
These networks transfer money abroad illegally, posing a growing threat to economic and security stability in Iraq.
Reports indicate that these operations take advantage of the fragility of government institutions and the spread of corruption, which opens the door to huge losses in terms of cash reserves and the ability to finance basic needs, in addition to the exacerbation of inflation and the deterioration of the value of the Iraqi dinar.
Economic expert, Mohammed Al-Kubaisi, revealed that “the currency smuggling mafias in Iraq and the region are exploiting the economic and political crises to increase money smuggling operations abroad, which results in serious damage to the Iraqi economy.”
He explained that "these mafias are working to transfer huge sums of money illegally, which directly affects the value of the dinar and increases the severity of inflation in the country."
He pointed out that "smuggling operations lead to a shortage in foreign currency reserves, which weakens Iraq's ability to finance its basic import needs and further deteriorates the balance of payments."
He added that "the illegal exit of these funds contributes to the decline in domestic investment and the creation of an unstable economic environment, as smuggling relies on corrupt channels that undermine the effectiveness of government institutions and increase the spread of corruption."
The expert stressed that “currency smuggling does not only affect the economic aspect, but also extends to constitute a serious security threat, as this money is used to finance illegal activities including drug trafficking and financing armed groups, which exacerbates the security challenges in the country and the region as a whole.”
Al-Kubaisi concluded his speech by “warning of the danger of these practices that weaken Iraq’s financial sovereignty, stressing the need to take firm measures to stop smuggling operations and enhance oversight of financial transfers, with the aim of protecting the national economy and restoring confidence in financial institutions.”
For his part, Nasser Al-Kanani, an economic expert, said, “As soon as the war in Lebanon and Gaza escalated and security tensions in the region as a whole, specialized mafias emerged that work to exploit such security conditions in order to increase the process of smuggling currency from Iraq. There are different methods for this smuggling, some of which are done through foreign imports, which take place outside the platform.”
He added, “Iraq is working to strengthen its national currency, but there are those who are working to weaken this currency by making the dollar very high against the national currency, and some are working to limit large commercial transactions to the dollar exclusively, and the sale of real estate, cars, etc., and this also weakens the national currency, despite all the campaigns to prevent internal transactions in dollars.”
The economic expert continued, “Iraq cannot exploit conflicts and wars to strengthen its national currency, especially since it is working hard, internally and externally, to stay away from these wars. Iraq realizes the great economic danger if it enters the circle of conflict and wars.” LINK
Al-Atwani Confirms To The Tunisian Minister Of Finance The Serious Desire To Benefit From The Wealth Management Experience In Tunisia
Monday 28 October 2024 | Economic Number of readings: 309 Baghdad/ NINA /The head of the Parliamentary Finance Committee, Atwan Al-Atwani, confirmed today, Monday, to the Tunisian Minister of Finance, Sihem Boughdiri, the serious desire to benefit from the Tunisian experience in managing financial and monetary wealth, and its steps in achieving sustainable development.
A statement issued by his media office stated that "the head of the parliamentary finance committee, Atwan Al-Atwani, and the accompanying delegation, met with the Tunisian Minister of Finance, Sihem Al-Boughdiri, in the presence of the Chargé d'Affairs of the Iraqi Embassy in Tunisia, and the senior staff of the Tunisian Ministry of Finance, to discuss ways to enhance cooperation and joint coordination between Iraq and Tunisia, with regard to developing the financial, monetary and economic system, in a way that achieves the aspirations of the two brotherly peoples
Al-Atwani stressed, according to the statement, "the serious desire to benefit from the Tunisian experience in managing financial and monetary wealth, and its steps in achieving sustainable development, especially since it has a pioneering experience in relying on non-oil revenues to finance the state's general budget."
The statement added that "the meeting came within the framework of Iraq's orientation towards maximizing its non-oil resources, so we aspire to positive integration with Tunisia in this regard, in order to achieve sustainable development that requires economic stability," explaining: "This cannot be achieved for a country that depends entirely on oil, and we cannot accept that our economy remains subject to fluctuations in oil prices."
The statement continued, "The meeting reviewed the most important challenges facing the financial and monetary sector, and how to build The general budget of the two brotherly countries, ways to diversify sources of income and address the deficit, and mechanisms for expanding the tax base and estimating revenues, referring to "the Iraqi government's adoption of automation and digital transformation, as a fundamental step in fighting corruption and improving services." / https://ninanews.com/Website/News/Details?key=1164832
Tuesday's Newspapers Are Interested In Iraq Submitting A Memorandum Of Protest To The United Nations Regarding The Use Of Its Airspace By Israeli Aircraft In Its Recent Aggression Against Iran And In Today's Parliament Session.
Tuesday 29 October 2024 06:26 | Press Number of readings: 268 Baghdad / NINA / The newspapers issued on Tuesday were interested in Iraq submitting a memorandum of protest to the United Nations for the use of its airspace by Israeli aircraft in its recent aggression against Iran and in today's parliament session.
Al-Zawraa newspaper, issued by the Journalists Syndicate, said that Iraq submitted an official memorandum of protest for the use of its airspace by the Zionist entity's aircraft in its recent aggression against Iran, considering it a violation of sovereignty.
The spokesman for the Iraqi government, Bassem Al-Awadi, announced
that Iraq submitted an official memorandum of protest to the Secretary-General of the United Nations and to the UN Security Council, which included condemnation of the blatant violation committed by the Zionist entity by violating Iraq's airspace and sovereignty. Al-Awadi said in a statement:
"Iraq officially submitted a memorandum of protest to the Secretary-General of the United Nations and to the UN Security Council, which included condemnation of the blatant violation committed by the Zionist entity by violating Iraq's airspace and sovereignty with its aggressor aircraft, and using Iraqi airspace to carry out the attack on the Islamic Republic of Iran, on October 26."
According to the statement, the Prime Minister directed the Ministry of Foreign Affairs to “communicate with the American side regarding this violation, in accordance with the terms of the bilateral strategic framework agreement and the United States’ commitment to Iraq’s security and sovereignty.”
The statement added that “the Iraqi government affirms its firm commitment to Iraq’s sovereignty, independence and the sanctity of its territories, and that it is working at various levels to confront these violations, and stresses that it will not allow the use of Iraqi airspace or territory to attack other countries, especially neighboring countries that have relations of respect and common interests with Iraq.”
He continued: “This position reflects Iraq’s keenness to follow a policy of preserving regional stability by preventing any exploitation of its territories in regional conflicts, and supporting the resolution of disputes through dialogue and mutual understanding.”
Al-Sabah newspaper was interested in the directive of the Speaker of the House of Representatives, Mohsen Al-Mandalawi, to resolve the controversial articles in the general amnesty law, which is expected to be presented during the parliamentary session scheduled for today, which is expected to witness a vote on a number of other laws, including “the Personal Status Law and the Return of Real Estate to Their Owners Law.”
The newspaper quoted a statement from the media office of the acting Speaker of the House of Representatives, "that "Al-Mandlawi chaired a new and expanded meeting of the Parliamentary Legal Committee yesterday, Monday, in the presence of its chairman and members, and a number of representatives, to discuss all the laws submitted for voting and on the agenda of the Council's session today, Tuesday."
The statement added that "the meeting focused on discussing the controversial articles in the draft law amending the second amendment to the General Amnesty Law No. (27) of 2016," indicating that "Al-Mandlawi directed the chairmanship and members of the Parliamentary Legal Committee to expedite their resolution for the purpose of voting on the law in today's session, in addition to voting on the laws (personal status, service and retirement for the Mujahideen of the Popular Mobilization Authority, and returning real estate to its owners covered by some decisions of the dissolved Revolutionary Command Council)."
The House of Representatives is scheduled to hold its fifteenth session of the second legislative term today, Tuesday, which will witness voting on a number of important laws.
A press release issued by the media department of the House of Representatives stated that “among the laws that will be voted on in today’s session is the law on returning properties to their owners covered by some decisions of the “dissolved” Revolutionary Command Council, submitted by the Legal Committee, in addition to voting on the proposed Personal Status Law No. 188 of 1959, Articles 2 and 10, submitted by the Legal Committee and the Women, Family and Childhood Committees.
The statement indicated that the session will also witness voting on the draft law amending the second general amnesty law No. 27 of 2016, submitted by the Legal, Security and Defense, and Human Rights Committees, in addition to voting on the draft law on service and retirement for the Mujahideen of the Popular Mobilization Authority, which was submitted by the Security and Defense, Legal, Finance, Martyrs, Victims and Political Prisoners Committees, which consists of 83 articles.
The statement added that the first reading of the draft law on intellectual property protection submitted by the Culture, Tourism and Antiquities, Media, Legal, Strategic Planning and Federal Service, Education and Scientific Research Committees, which contains 167 Article.
Al-Zaman newspaper focused on the relationship between Baghdad and Washington and said that Baghdad renewed its desire to change the nature of its relationship with Washington, and move from the traditional focus on military cooperation to building a strong economic alliance, reflecting the common desire to strengthen economic ties and deepen the strategic partnership between the two countries.
The statement said that (the Higher Coordination Committee for the Strategic Framework Agreement for Friendship and Cooperation with the United States of America stressed the need to move the relationship with Washington to an economic partnership and not to focus on military affairs), and
Foreign Minister Fuad Hussein, who chaired the committee's periodic meeting in the presence of all representatives of the subcommittees within the Higher Committee, confirmed that (the latest developments in bilateral relations between Iraq and the United States of America were discussed, in addition to reviewing the achievements approved during the recent meetings between the two parties in mid-April in the capital, Washington),
adding that (the meeting touched on future working papers that will be discussed during the upcoming meetings of the committee, scheduled to be held in February of next year, within the agreed upon axes, which include cooperation in the political, diplomatic, security, defense, energy, economic, education, health and environment fields), and
Hussein stressed (the importance of strengthening relations with the United States of America by implementing the provisions of the agreement, and moving the relationship to a solid economic partnership), stressing (the need not to focus only on military and security aspects, but rather to expand cooperation to include economic, health, educational and other fields). https://ninanews.com/Website/News/Details?Key=1164893
Seeds of Wisdom RV and Economic Updates Tuesday Morning 10-29-24
Good Morning Dinar Recaps,
CARDANO WILL RUN A NATION STATE: HOSKINSON SHARES WHEN AND HOW
In a keynote titled “After Voltaire: The Next Evolution of Cardano,” Charles Hoskinson, the founder of Cardano, unveiled an ambitious roadmap that could see the blockchain ecosystem running a nation-state by 2030. Hoskinson envisions this nation-state as a substantial entity, potentially serving tens of millions of people.
We as an ecosystem have to make a decision. Do we want to be timid and just chase our tales and focus on small concerns or do we want to be bold and change the world? There’s no reason we can’t for the first time in human history. […]
Good Morning Dinar Recaps,
CARDANO WILL RUN A NATION STATE: HOSKINSON SHARES WHEN AND HOW
In a keynote titled “After Voltaire: The Next Evolution of Cardano,” Charles Hoskinson, the founder of Cardano, unveiled an ambitious roadmap that could see the blockchain ecosystem running a nation-state by 2030. Hoskinson envisions this nation-state as a substantial entity, potentially serving tens of millions of people.
We as an ecosystem have to make a decision. Do we want to be timid and just chase our tales and focus on small concerns or do we want to be bold and change the world? There’s no reason we can’t for the first time in human history.
We have to decide what we’re going to do with it and how far we want to take it. I believe we can run a nation state on Cardano by 2030 and not a small one, one with tens of millions of people,” the Cardano founder claimed.
How Cardano Can Run A Nation State
Hoskinson reflected on the journey of Cardano over the past seven years, emphasizing the project’s transformative impact. “We have gone from a whiteboard like this to something that has changed the lives of countless thousands of people,” he stated.
Having traveled to 74 countries and interacted with tens of thousands of individuals, he noted that many have expressed how their lives have been changed by being part of the Cardano community.
A central theme of Hoskinson’s speech was the power of on-chain governance and community collaboration. He highlighted that the upcoming on-chain governance system is “not just some [mechanism] to make a decision; it’s a thing to bring people together to make the right decisions.” This system aims to engage the community in shaping the future of Cardano, with hundreds of workshops planned for next year to discuss marketing, branding, and system growth.
Hoskinson also highlighted the central role of the Cardano Constitution, crafted “by and for the people,” which embedded human rights at its core. “We have to have some protections for our data and our privacy, our freedom of association, commerce, and expression,” he asserted.
The constitution seeks to guarantee that the original intentions of the ecosystem are preserved, especially in a landscape where trust in unelected entities is dwindling.
The roadmap includes the launch of major projects like Midnight, which is expected to attract millions of new users to the ecosystem. Hoskinson believes that such initiatives will catalyze the development of dozens of other significant projects across various domains, further expanding the Cardano community.
Addressing the broader implications of Cardano’s evolution, Hoskinson drew parallels with historical revolutions that have reshaped societal structures.
“Just like the American Revolution fundamentally changed the social contract of the world […] we can hold another revolution to take back our digital lives,” he proclaimed.
He criticized the dominance of multi-trillion-dollar corporations that exert significant control over individual lives, advocating for a future where power is decentralized and returned to the people.
Hoskinson also emphasized the unity within the blockchain industry against centralization. “Everybody in the blockchain industry is the same in that we’re all trying to fight the same thing: centralization,” he said. He called for an end to divisive narratives, urging collaboration to prevent a “terrible future of 2030” dominated by centralized control.
Concluding his keynote, Hoskinson expressed optimism about the Cardano ecosystem’s future. “We built a group of people who can do pretty much everything and we now have the resources as an ecosystem to do that. And we also have an engine that keeps speeding up and getting faster.
We just have to have the will to coordinate and prove that we are the ones to do this and we also have to realize that.”
@ Newshounds News™
Source: Bitcoinist
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BIS AND BIG BANKS INTRODUCE PROJECT MANDALA FOR IMPROVED CROSS-BORDER TRANSACTIONS
The Bank for International Settlements and central banks from Australia, South Korea, Malaysia, and Singapore have introduced Project Mandala, a system that embeds regulatory compliance directly into cross-border financial transactions.
This initiative addresses common hurdles in international transactions, such as varying regulations that often increase costs and slow transaction speeds. According to the BIS, hopes to streamline cross-border payments without sacrificing privacy or the quality of regulatory checks by using a “compliance-by-design” approach.
Project Mandala can also integrate with both modern digital asset systems, like central bank digital currencies, and established systems, such as SWIFT, making it flexible for traditional financial institutions and emerging digital financial systems.
The Bank for International Settlements and central banks from Australia, South Korea, Malaysia, and Singapore have introduced Project Mandala, a system that embeds regulatory compliance directly into cross-border financial transactions.
This initiative addresses common hurdles in international transactions, such as varying regulations that often increase costs and slow transaction speeds.
According to the BIS, hopes to streamline cross-border payments without sacrificing privacy or the quality of regulatory checks by using a “compliance-by-design” approach.
Project Mandala can also integrate with both modern digital asset systems, like central bank digital currencies, and established systems, such as SWIFT, making it flexible for traditional financial institutions and emerging digital financial systems.
@ Newshounds News™
Source: Crypto News
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@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
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Thank you Dinar Recaps
News Rumors and Opinions Tuesday AM 10-29-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 29 Oct. 2024
Compiled Tues. 29 Oct. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Mon. 28 Oct. 2024 Wolverine: “The GCR is defiantly coming this week. Hi Guys, I am a complete wreck at the moment, but I cannot tell you anything guys as it is all confidential. I just want to tell you guys that we “In Victory! We are in Victory! We are in Victory!” Hallelujah! God Bless you all!
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 29 Oct. 2024
Compiled Tues. 29 Oct. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Mon. 28 Oct. 2024 Wolverine: “The GCR is defiantly coming this week. Hi Guys, I am a complete wreck at the moment, but I cannot tell you anything guys as it is all confidential. I just want to tell you guys that we “In Victory! We are in Victory! We are in Victory!” Hallelujah! God Bless you all!
Fri. 25 Oct. 2024 MarkZ: “Billionaire Warren Buffet dumps $10,500,000,000 billion in Berkshire’s Bank of America’s stake after slashing JP Morgan Chase, Wells Fargo investments to zero” Why is this important? If he suddenly dumps the stocks it would probably cause a run on banks. He is historically one of the most solid traders in the world and he is unloading all bank stocks.
Sat. 26 Oct. 2024 Breaking! Military Intel: EBS Training Complete, Countdown to the Great Currency Revaluation Begins! NESARA and GESARA Unveil Monumental Changes: Global Implementation Begins!
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Global Financial Crisis:
Mon. 28 Oct. 2024 INSIDER INFO! High-Level Politicians Leak Imminent Collapse of the Current Financial System—EBS, QFS, and NESARA Rollout is Ready! …Carolyn Bessette Kennedy on Telegram
The old system is breaking down, and the whispers of the Quantum Financial System (QFS), Emergency Broadcast System (EBS), and NESARA are becoming deafening among insiders. Politicians are leaking details, preparing the world for a financial and political upheaval that’s about to unfold..
The signs are undeniable, and these insiders aren’t just talking—they’re preparing us. The QFS is here, the EBS is about to activate, and NESARA is ready for implementation. The time for awakening is here.
The old system is collapsing, and the new one is ready to rise. Prepare yourselves—the revolution is here.
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Judy Note:
The new US Treasury is (allegedly) in Texas, as is possibly the new US Republic Capitol.
By Nov. 2024 the state of Texas will be (allegedly) set up as home to the new Quantum Financial System for the new US Republic, with their currency being gold-backed US Treasury Notes.
Texas has (allegedly) applied to be a part of BRICS.
Mon. 28 Oct. 2024: The New Gold Backed Quantum Financial System is (allegedly) here, the EBS soon to activate, along with NESARA implementation, while the Military restructures & Banks collapse.
Read full post here: https://dinarchronicles.com/2024/10/29/restored-republic-via-a-gcr-update-as-of-october-29-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man You haven't seen the investment side of the 2024 budget. That's where everybody should be paying attention. If you own dinar you should be paying attention...They haven't exposed the 2024 investment side of the budget. Why? In my view it's exchange rate oriented... They need the exchange rate so they have the final accounts..
Frank26 The second part of the Monetary Reform will allow your currency [the Iraqi dinar] to float on an international platform where it will grow to the Real Effective Exchange Rate...This is all part of the monetary reform process Dr. Shabibi wanted.
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LIVE! A VERY DANGEROUS CONVERGENCE OF EVENTS COULD SEND THE STOCK MARKET MUCH LOWER.
Greg Mannarino: 10-28-2024
MilitiaMan & Crew News Report on Iraq Dinar-2024 Budget Focus-Oil & Gas Export Ceyhan Port-Integrity-Central Bank
MilitiaMan & Crew News Report on Iraq Dinar-2024 Budget Focus-Oil & Gas Export Ceyhan Port-Integrity-Central Bank
10-28-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew News Report on Iraq Dinar-2024 Budget Focus-Oil & Gas Export Ceyhan Port-Integrity-Central Bank
10-28-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraq Economic News and Points To Ponder Monday Evening 10-28-24
Baghdad Renews Desire To Transform Security Relationship With Washington Into Economic Alliance
October 28, 2024 Baghdad - Qusay Munther Baghdad has renewed its desire to transform the nature of its relationship with Washington, and move from the traditional focus on military cooperation to building a strong economic alliance, reflecting the common desire to strengthen economic ties and deepen the strategic partnership between the two countries.
A statement received by Al-Zaman yesterday said that (the Higher Coordination Committee for the Strategic Framework Agreement for Friendship and Cooperation with the United States of America stressed the need to move the relationship with Washington to an economic partnership and not to focus on military affairs),
Baghdad Renews Desire To Transform Security Relationship With Washington Into Economic Alliance
October 28, 2024 Baghdad - Qusay Munther Baghdad has renewed its desire to transform the nature of its relationship with Washington, and move from the traditional focus on military cooperation to building a strong economic alliance, reflecting the common desire to strengthen economic ties and deepen the strategic partnership between the two countries.
A statement received by Al-Zaman yesterday said that (the Higher Coordination Committee for the Strategic Framework Agreement for Friendship and Cooperation with the United States of America stressed the need to move the relationship with Washington to an economic partnership and not to focus on military affairs),
and Foreign Minister Fuad Hassan, who chaired the committee’s regular meeting in the presence of all representatives of the subcommittees within the Higher Committee, confirmed that (the latest developments in bilateral relations between Iraq and the United States of America were discussed,
in addition to reviewing the achievements approved during the recent meetings between the two parties in mid-April in the capital, Washington), adding that (the meeting touched on future working papers that will be discussed during the upcoming meetings of the committee, scheduled to be held in February of next year, within the agreed upon axes, which include cooperation in the political, diplomatic, security, defense, energy, economic, education, health and environment fields),
and Hussein stressed (the importance of strengthening relations with the United States of America by implementing the provisions of the agreement, and moving the relationship to a solid economic partnership), stressing (the need not to focus only on military and security aspects, but rather to expand cooperation to include economic, health, educational and other fields).
In Erbil, the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, received the new Ambassador of the Kingdom of Spain to Iraq, Alicia Rico Perez del Pulgar.
A statement received by (Al-Zaman) yesterday said that (Barzani congratulated the ambassador on her new mission at the beginning of the meeting, wishing her success), and expressed (his thanks to Spain for its support and cooperation within the framework of the international coalition against ISIS).
The statement indicated that (the two sides stressed the importance of resolving the contentious issues between the region and the federal government on the basis of the constitution, and respecting the federal system and the constitutional entity of Kurdistan).
For her part, Pulgar stressed (the importance of strengthening her country's relations with Iraq and the region in various fields, and congratulated the Prime Minister on the success of the Kurdistan Parliament elections). In addition, the Undersecretary of the Federal Ministry of Finance, Masoud Haider, confirmed the absence of direct dealings between the federal institutions and the departments of the region regarding the disbursement of salaries.
Haider said in a statement yesterday that (no federal institution can deal directly with the departments of the regional government, and that dealing with the region is only done through the Kurdistan government itself), and he pointed out that (salaries are paid exclusively by the Ministry of Finance in the regional government), stressing (the necessity of not exploiting these sensitive issues for political purposes that may increase tensions). LINK
Parliamentary Finance To Nina: We Are Discussing With The Government The Preparation Of The 2025 General Budget...And These Are Our Observations
Monday 28 October 2024 17:16 | Economic Number of readings: 170 Baghdad / NINA / The Parliamentary Finance Committee disclosed part of the joint meetings with government agencies to prepare the new general budget law 2025 and its tables related to revenues and expenditures.
Committee member, MP Moeen Al-Kazemi, stated in a statement to the National Iraqi News Agency / NINA /, that "the Finance Committee has ongoing discussions and meetings with the Minister of Finance on the implementation of the 2024 budget items, especially those related to revenues and expenditures, as we found that there is a reduction in spending and complaints from governorates and ministries about the weak actual funding of spending units."
He added, "The Parliamentary Finance Committee is working on formulating the new general budget tables for next year 2025 in a realistic manner, away from the increases that cannot be guaranteed to be secured, as happened in the current year's budget 2024."
He explained, "We seek to have a general budget of 150 trillion dinars, distributed as oil revenues of 120 trillion dinars, and non-oil revenues of 30 trillion dinars, so that the budget tables are realistic in which revenues can be collected and spent."
He continued, "During the joint meetings with the Minister of Finance and ministry officials, the need to activate the revenues of government departments, including electricity, the Baghdad Municipality, municipal departments and other services provided by all ministries, in addition to taxes, border crossing revenues and customs, as well as supporting the private sector in the fields of agriculture, industry, trade, services and investment, was emphasized.
This would also contribute to increasing the country's revenues in general, and stabilizing hundreds of thousands of unemployed workers." / https://ninanews.com/Website/News/Details?Key=1164808
The Integrity, Accountability And Justice Commissions Affirm The Concerted Efforts Of State Institutions To Combat The Scourge Of Corruption
Money and business Economy News – Baghdad The Chairman of the Federal Integrity Commission, Mohammed Ali Al-Lami, and the Chairman of the Accountability and Justice Commission, Bassem Al-Badri, confirmed, on Monday, the combined efforts of state institutions to combat the scourge of corruption.
A statement by the Integrity Commission, seen by Al-Eqtisad News, said, "The Chairman of the Federal Integrity Commission (Mohammed Ali Al-Lami) called on state institutions to adopt a comprehensive reform policy that is consistent with the government program; to achieve the aspirations of the people in combating corruption and providing the best services to citizens."
The Chairman of the Federal Integrity Commission confirmed, according to the statement, that "the oversight agencies work in partnership with various state institutions and enjoy the support of the three legislative, judicial and executive authorities," noting "close cooperation with the heads of the courts of appeal in Baghdad and the governorates in confronting corruption and striking the hands of the corrupt."
He continued, "The Commission strives to maintain the independence of the oversight agencies and work with complete neutrality, and to stay away from any purposes or goals other than adhering to the tasks stipulated in its effective law No. (30 of 2011) as amended and other effective laws."
For his part, the head of the Accountability and Justice Commission, Bassem Al-Badri, said, according to the statement, that “Al-Lami’s assumption of the presidency of the commission represents a moral boost for the commission’s members, whom he described as soldiers of integrity on the battlefields of combating corruption, and who deserve support and assistance to carry out their arduous and serious tasks to eradicate corruption and strike the hands of anyone who dares to encroach on public funds.” 84 views Added 10/28/2024 - 4:17 PM https://economy-news.net/content.php?id=49238
Al-Sudani: The Government Relies On The Projects Of The Iraq Development Fund
Prime Minister Mohammed Shia al-Sudani confirmed on Monday that the government relies on the projects of the Iraq Development Fund and its subsidiary funds.
The Prime Minister's media office said in a statement that al-Sudani chaired the periodic meeting of the Board of Directors of the Iraq Development Fund, where the steps for implementing the (EDOPA) project for school buildings were followed up, and the final qualification of the companies that submitted their offers to participate and begin implementation was followed up.
Al-Sudani pointed out that the government relies on the projects of the Iraq Development Fund and its subsidiary funds to involve the private sector and expand its contribution to the national product, provide job opportunities, meet infrastructure needs and shorten the necessary time.
The meeting also discussed proceeding with the partnership with the Al-Suwaidi Group of Companies, based on the memorandum of understanding signed with it, and determining the location of the industrial city that will be established in partnership between the Fund and the Egyptian group. https://www.radionawa.com/all-detail.aspx?jimare=39969
Oil Falls More Than 4% As Geopolitical Risks Recede
Monday 28 October 2024 09:10 | Economic Number of readings: 195 Baghdad / NINA / Oil prices fell more than $ 3 a barrel in Asian trading on Monday, after the Israeli strike on Iran at the weekend avoided hitting oil and nuclear facilities in Tehran and did not disrupt energy supplies, which eased geopolitical tensions in the Middle East.
Brent crude futures and US West Texas Intermediate crude hit their lowest levels since October 1 at the opening.
This morning, Brent crude was at $ 72.66, down $ 3.39, or 4.5 percent, a barrel, while WTI crude fell $ 3.28, or 4.6 percent, to $ 68.50 a barrel, according to Reuters data. Both crudes rose four percent last week in volatile trading as markets digested uncertainty about the extent of Israel's response to Iran's missile attack on October 1 and the US elections next month.
Dozens of Israeli warplanes carried out three waves of strikes before dawn on Saturday against missile factories and other sites near Tehran and in western Iran, in the latest exchange of fire in the escalating conflict between the two Middle East rivals.
Analysts said the geopolitical risk premium that had built into oil prices in anticipation of an Israeli attack had eased.
In October, the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, left their oil production policy unchanged, including a plan to start increasing output from December. The group’s joint ministerial committee will meet on Dec. 1 ahead of a full OPEC+ meeting./End9 https://ninanews.com/Website/News/Details?key=1164683
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Monday Evening 10-28-24
Good Evening Dinar Recaps,
IF TOKENIZED DEPOSITS DON’T PROGRESS, BANK OF ENGLAND LIKELY TO LAUNCH CBDC
During a speech on Saturday, Andrew Bailey the Governor of the Bank of England, discussed the importance of central bank money for both wholesale and retail payments.
He argued that the role of central bank money is particularly important for wholesale high value payments and the settlement of payment systems. Hence, the Bank wants to enable digital innovation in the wholesale sector.
Good Evening Dinar Recaps,
IF TOKENIZED DEPOSITS DON’T PROGRESS, BANK OF ENGLAND LIKELY TO LAUNCH CBDC
During a speech on Saturday, Andrew Bailey the Governor of the Bank of England, discussed the importance of central bank money for both wholesale and retail payments.
He argued that the role of central bank money is particularly important for wholesale high value payments and the settlement of payment systems. Hence, the Bank wants to enable digital innovation in the wholesale sector.
In July the Bank published a discussion paper on wholesale money, highlighting likely trials for both wholesale CBDC and an RTGS synchronization solution.
However, for retail payments, Governor Bailey thinks the Bank of England should be indifferent to whether payments use central bank money such as a retail CBDC or commercial bank money.
He’s quite keen to maintain the status quo in that most retail payments are in commercial bank money. Doing so doesn’t interfere with fractional reserve banking and the availability of credit in the economy. Regarding digital innovation such as tokenized deposits, he thinks commercial banks are where this should happen.
However, he added, “If for some reason innovation is unlikely to happen, then the central banks have to decide whether they are the only game in town. For me, this justifies why we must continue to prepare for retail CBDC. We have not yet seen enough evidence that the innovation will happen in commercial banks.”
Governor Bailey noted that on occasion, infrastructures and technologies have failed to incentivize innovation. Sometimes that relates to the concentration of market power. Hence the ongoing exploration of CBDC. “That is not my preferred outcome, but not one that we should rule out.”
Tokenized deposits trials
Meanwhile, the UK banking sector has been exploring tokenized deposits as part of the Regulated Liability Network. In September it said the next step was to engage with regulators.
The speech comes across as a ‘giddy up’, and is not the first time the Bank has made such comments. In April Deputy Governor Sarah Breeden outlined a potential scenario where bank innovation is slow, unsuccessful or fragmented.
Fragmentation has been a feature of digital securities, but for tokenized deposits, slightly less so. Some banks purely support tokenized deposits for their own clients. But there are many multi-bank projects.
Ledger Insights Research mapped more than 70 tokenized deposit, stablecoin and other DLT payment initiatives. At least 18 are multi-bank, without counting cross border payment initiatives.
@ Newshounds News™
Source: Ledger Insights
~~~~~~~~~
HBAR ADOPTION EXPANDS AS DUBAI LAUNCHES DIGITAL WILL SOLUTION ON HEDERA
▪️Unlike traditional wills that manage physical assets, the DIFC Courts have chosen Hedera for its reliability, security, speed, and trust, ensuring a transparent process.
▪️This initiative underscores Dubai’s strategic approach to establishing a sustainable digital asset infrastructure and regulatory framework.
The Dubai International Financial Centre (DIFC) announced its integration of Hedera’s Hashgraph technology which will power a new Digital Asset Will inheritance solution.
This initiative is distinct from the traditional FinTech focuses like tokenized assets and payments.
Thus, it marks a unique application of distributed ledger technology (DLT) in estate planning, especially for digital asset inheritance.
Managing digital assets in inheritance is a new challenge, unlike conventional wills that distribute stocks, cash, and gold. As a result, the DIFC Courts have chosen Hedera’s technology for its reliability, security, speed, and, most importantly, trust.
Moreover, the governing council of Hedera provides the DIFC and beneficiaries a complete peace of mind via a trusted, transparent process.
Some of the key features of Hedera like the Hedera Consensus Service (HCS), have played a crucial role in offering audit trails at every step along with accuracy. This helps to ensure the correct management of inheritances. For example, HCS’s real-time audit logs prevent mistakes in transferring assets, safeguarding beneficiaries from potential delays or errors.
The DIFC’s move highlights Dubai’s forward-thinking strategy in building sustainable digital asset infrastructure and regulation, setting a standard for digital asset planning. This collaboration is a win for both Hedera as a DLT leader and Dubai’s vision for long-term, responsible digital asset growth.
Key Developments in the Hedera Ecosystem
The Hedera ecosystem is currently seeing strong growth as several industry players are willing to transition to blockchain tech and prefer Hedera for its transparent governance and trust.
Earlier this month, investment firm Canary Capital announced the launch of the first HBAR Trust in the United States, reported CNF. This fueled further speculation around the potential introduction of a Hedera-focused Exchange-Traded Fund (ETF).
The Canary HBAR Trust will provide safe access for investors to cryptocurrency HBAR while opening the gates for institutional participation in the crypto.
Steven McClurg, CEO of Canary Capital, highlighted that the HBAR Trust is designed to provide U.S. institutional investors with new opportunities to tap into the growing demand for crypto-related products.
On the other hand, Prove AI recently launched its artificial intelligence product on the Hedera blockchain allowing businesses to securely manage their AI training data while ensuring compliance by using Hedera’s secure and scalable infrastructure.
Furthermore, Hedera will also provide governance solutions for businesses interacting with AI regulations and development, reported CNF.
In other news, Karate Combat, the world’s premier professional strike league, has announced the upcoming launch of its Layer-2 platform on the Hedera blockchain.
Named “UP,” this Layer-2 blockchain and crypto-native software licensing platform is set to go live in Q1 2025, aiming to propel Web3 adoption across esports, sports, and entertainment sectors, reported CNF.
@ Newshounds News™
Source: Crypto News Flash
~~~~~~~~~
The President of China says:
“At present, the world is going through changes unseen in a hundred years, the international situation is intertwined with chaos.”
The big word here…
Change.
Read: https://x.com/goldtelegraph_/status/1848901796821168254?s=46
@ Newshounds News™
Source: Gold Telegraph
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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FRANK26….10-28-24……HYBRID MONETARY PLAN
KTFA
Monday Night Conference call
FRANK26….10-28-24……HYBRID MONETARY PLAN
This video is in Frank’s and his team’s opinion only
Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Monday Night Conference call
FRANK26….10-28-24……HYBRID MONETARY PLAN
This video is in Frank’s and his team’s opinion only
Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
Monday Evening Chat with MarkZ 10-28-2024
Monday Evening News With MarkZ
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good evening! Hope we hear good news tonight!
Member: Rumor : Mark the admiral wants us to go before the chaos. checking to make sure most of the Bonds people got paid and the US treasury will give the OK
Monday Evening News With MarkZ
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good evening! Hope we hear good news tonight!
Member: Rumor : Mark the admiral wants us to go before the chaos. checking to make sure most of the Bonds people got paid and the US treasury will give the OK
MZ: None of my bond folks have money yet. One is expecting tomorrow….and others have meetings tomorrow.
Member: I got some info from a platform last Friday-saying they are triggering payments today and tomorrow.
MZ: That s the rumor – that they are triggering payments and bonds tomorrow with payments starting. I am waiting for someone with bonds to have physical cash before I say too much. Do I think it’s possible? Do I think we are in our last few days? I do.
Member: Jennifer Fallow says it’s this week.. of course we hear its every week since at least last thanksgiving lol
Member: TNT said Tuesday &Thursday we could look to be notified
MZ: In Iraq: “ Approval of the security sector reform Implementation plan in Iraq” This is part of the removal of the UN mission in Iraq. Removing the UN security mission is big news. When that happens there will be a complete 100% sovereign Iraq. We get paid and the Iraq people get paid.
Member: Tomorrow is the anniversary of the 1929 Black Tuesday Market crash
MZ: Some folks think tomorrow will be a repeat of that…seems whenever the market crashes it’s usually on a Tuesday ……guess we wait and see
Member: National Day of Prayers being held on Nov. 3rd in DC... Please Join in.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
More News, Rumors and Opinions Monday PM 10-28-2024
TNT:
Tishwash: MP: America is waging an economic war against Iraq
Sunday, the representative of the Sadiqoun parliamentary bloc, Rafiq Hashem, accused America of practicing economic warfare against Iraq, stressing that the trend towards Russia and China is the only salvation from American hegemony.
Al-Salihi told Al-Maalouma Agency, “America is waging an economic war against Iraq in order to keep its forces in the country, indicating that America is preventing Iraq from obtaining its money from oil sales.”
He added, "America is plotting a new economic conspiracy against the Iraqi people by reducing financial transfers to Iraq, which has led to an increase in the exchange rate of the dollar against the Iraqi dinar."
TNT:
Tishwash: MP: America is waging an economic war against Iraq
Sunday, the representative of the Sadiqoun parliamentary bloc, Rafiq Hashem, accused America of practicing economic warfare against Iraq, stressing that the trend towards Russia and China is the only salvation from American hegemony.
Al-Salihi told Al-Maalouma Agency, “America is waging an economic war against Iraq in order to keep its forces in the country, indicating that America is preventing Iraq from obtaining its money from oil sales.”
He added, "America is plotting a new economic conspiracy against the Iraqi people by reducing financial transfers to Iraq, which has led to an increase in the exchange rate of the dollar against the Iraqi dinar."
He pointed out that "Iraq's openness to major countries such as Russia and China is the only solution to get rid of American economic hegemony." link
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DID YOU KNOW? Moral Compass
The rumor mill has been ablaze, starting around the end of August, beginning of September. Multiple Intel providers from multiple Intel networks have pretty much been saying the same thing. Funds for the GCR have been released.
Now what “released” means is still a question.
All that is apparent is no one has seen any spendable money. For the sake of definition can we all agree that, “released”, to the masses, means spendable money.
The problem is, and has always been, these Intel providers who propagate these rumors without any validations or proof in what they say. Often expanding conversation in great detail to encourage belief in what they say . Few of these sources are sincere .
The language used is not clear and precise, always leaving something to question. The greatest enemy of clear language is insincerity. When there is a gap between one’s real and one’s declared aims, they turn instinctively to long words and exhausted idioms to convince their followers of their sincerity. These types begin to believe their own facade, blinding themselves to the harm they inflict.
I for one would appreciate the integrity of telling the truth. True integrity requires oneself to be accountable for what you say.
Don’t tell readers the funds are released knowing full well the perception of the reader is the funds are available to spend. This is creating a facade and a ignorance to the reader. Stand up to ignorance, because if you don’t, the ignorance will run free to spread.
The one narrative I do believe in is that this event (GCR) is not intended to make individuals wealthy. When you are paid and the funds are placed in your account ( a trust account, personal account or whatever type of account you have set up) you will receive 1% of the funds at first. What you do or how you spend the 1% will dictate if you receive any more.
The funds are meant for humanitarian projects. The whole event is meant for humanity not individual gain. There will be some discretionary funds paid to the currency or bond holder but the bulk of the fortune is meant for helping the world. The idea is that the more people who have the funds will be able to do more of the good work as opposed to institutions that historically haven’t been able to get it done.
In the meantime there should be some moral rules for those populating information to the masses. We should all be in favor of moral rules that prevent others from doing things that harm our own interest..
You only get wet walking in the rain if you don’t have an umbrella. Listen to those who are sincere, have integrity and a moral compass. They’re your umbrella!
DJ
https://www.rumormillnews.com/cgi-bin/forum.cgi?read=247795
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick In the past corrupt executives and parliament people used to take advantage of the banks and the money exchange centers in the black market. Both of these issues are gone..
Militia Man Article: "Bold step changes the liquidity map in Iraq" Quote: "The Central Bank of Iraq decided to reduce the internet rate and activate securities...Analysts expect an increase in reliance on the Iraqi dinar as a base currency...It's expected the activation of a new dinar instrument will contribute to enhancing local liquidity..." A base currency is going to make you guys really excited. What is a base currency? Base currency is the first currency in a pair of currencies being traded in the Forex Exchange Market. The second currency is called the quote or counter currency ...They're talking about it's not the US dollar that the base currency. It's going to be the Iraqi dinar...I'm really pumped and excited...! If that doesn't tell you these guys are gearing to go international I don't know what does... Powerful information!
************
Economy in trade Iqd # USA
Nader: 10-28-2024
What Is BRICS Pay?
Arcadia Economics: 10-28-2024
There's a lot of questions surrounding the BRICS meeting and announcements this past week. To clear up the confusion, Vince Lanci breaks down what BRICS Pay is and is not.
So to find out what the truth about BRICS Pay , click to watch the video now!
Seeds of Wisdom RV and Economic Updates Monday Afternoon 10-28-24
Good Afternoon Dinar Recaps,
IOTA NEARS MAINNET SMART CONTRACTS RELEASE, PAVING PATH FOR POTENTIAL ATH IN 2024
▪️IOTA is set to launch smart contracts on its Layer 1 network this year, with the transition from testnet to the mainnet expected to be swift.
▪️This would enable the L1 network to anchor decentralized applications and support tokenization, which founder Dominik Schiener says is the network’s key target market.
Good Afternoon Dinar Recaps,
IOTA NEARS MAINNET SMART CONTRACTS RELEASE, PAVING PATH FOR POTENTIAL ATH IN 2024
▪️IOTA is set to launch smart contracts on its Layer 1 network this year, with the transition from testnet to the mainnet expected to be swift.
▪️This would enable the L1 network to anchor decentralized applications and support tokenization, which founder Dominik Schiener says is the network’s key target market.
IOTA has been working towards being an all-encompassing network that can anchor decentralized applications, NFTs, tokenization, decentralized exchanges, and every other blockchain application. While most of these developments have been on the Shimmer staging network, the IOTA Layer 1 could catch up before the end of the year, starting with the debut of smart contracts.
According to discussions from the IOTA’s developers forum, the smart contracts could launch later this year. As noted by one community member on X, they would initially launch in a testnet environment but quickly transition to the main network.
Known as IOTA Academy, he noted:
If this is true and major RWA (real-worl assets) liquidity starts flowing in, we might easily approach IOTA‘s ATH next year.
According to the quoted forum conversation, IOTA developers have been working in private repos on big tech upgrades, but they are bound by non-disclosure agreements against speaking out about these developments.
It also claims that the smart contracts upgrade might include the introduction of MoveVM, a virtual machine designed to run smart contracts written in the Move programming language.
MoveVM enhances flexibility and security while also promoting speed through parallel transaction processing; it has been credited with allowing Web3 apps on networks like Aptos to process up to 150,000 transactions per second.
Earlier this year, IOTA announced the integration of Supra Oracles for IOTA EVM to enhance the data accuracy of its smart contracts.
IOTA Prepares for a Revolution
This year, IOTA has made significant advancements. While every development has been important to the growth of the ecosystem, none has been as significant as the launch of IOTA 2.0. It launched in May this year on a testnet and signals the network’s most radical development in years.
The testnet allows the entire ecosystem of developers, users, and the Foundation to experiment with the new decentralized framework. It comes with features such as feeless transactions and permissionless voting.
IOTA has already been recognized as the best infrastructure for the Internet of Things ecosystem, with Tangle being singled out as the best implementation of decentralized ledger technology for the rapidly growing sector by a recent study.
As we reported recently, a separate study showed that smart contracts on IOTA 2.0 can enhance and secure software-defined networking (SDN), which makes networks more flexible by separating the components of a data network.
IOTA trades at $0.1097 at press time, dipping 2% in the past day despite a 24% rise in the trading volume and a broader uptick in the overall market cap.
@ Newshounds News™
Source: Crypto News Flash
~~~~~~~~~
XRP LAWSUIT: LEGAL EXPERT SAYS THE SEC IS ‘NOT DELAYING’ THE RIPPLE APPEAL TO 2025
Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) continues, with the SEC requesting yet another extension for its main brief submission, now pushing the deadline to January 2025. According to legal analyst Fred Rispoli, this request hints at more than just logistical issues; it shows that the SEC is struggling with its resources in handling cryptocurrency cases, adding to an already packed agenda.
During his appearance on the “Good Morning Crypto Show,” Rispoli said that Ripple’s appeal will focus exclusively on written submissions, characterizing the situation as a “battle of briefs” rather than live courtroom confrontations. Oral arguments are expected to take place in late 2025, providing both parties an opportunity to strengthen their positions.
However, former SEC attorney Marc Fagel countered Rispoli’s assessment, asserting that the SEC merely selected a date to file its briefs within the established timeline and that there are no delays occurring.
Taking to his X handle, Rispoli wrote,
“False. The SEC simply picked a day to file their briefs within the allocated time period. Nothing is being delayed.”
Gary Gensler, New Laws and More
On the show, Fred also discussed how a new law could affect Ripple. If a law were passed stating it would start on January 1, 2026, it might make the current legal arguments irrelevant, as long as it clearly includes Ripple. If the law is unclear about Ripple’s status, the appellate court might send the case back to the trial court for more clarification.
Fred said that new SEC leadership could greatly impact Ripple’s lawsuit. Regarding Gary Gensler, the current SEC chairman, Fred predicted there’s a “0% chance” he’ll still be in that role by 2026.
@ Newshounds News™
Source: CoinPedia
~~~~~~~~~
🌱ZIMBABWE DITCHES U.S. DOLLAR FOR GOLD-BACKED CURRENCY. WHAT DOES IT MEAN? | Youtube
@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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Property Theft Is A Genuine Risk
Property Theft Is A Genuine Risk
Christy Bieber Updated Sun, October 27, 2024 Moneywise
What Happens If Someone Sells Your Property In America Without Your Knowledge? It’s a lot more complicated than you might think
If you own a home or property, you need to know how this scam works and what you can do to protect your real estate from dishonest actors.
Property Theft Is A Genuine Risk
Christy Bieber Updated Sun, October 27, 2024 Moneywise
What Happens If Someone Sells Your Property In America Without Your Knowledge? It’s a lot more complicated than you might think
If you own a home or property, you need to know how this scam works and what you can do to protect your real estate from dishonest actors.
Property Theft Is A Genuine Risk
Home or land theft can technically happen with any property, but it's more common with vacant real estate. Vacation houses, inherited properties, and homes people have moved out of to move into nursing homes are common targets.
Scammers can target these properties in a few ways. Usually, the process starts with finding out who owns a property using online information and creating fake IDS so they can pretend to be the true owner.
Next, they'll either:
Transfer the property to themselves and then sell it and pocket the cash, or get a cash-out refinance mortgage on it, pocket the money, and never make a payment
Find A Buyer And Sell The Property Directly To Them, Often In A Quick Sale.
When this happens, innocent buyers typically pay the scammer, the documents with the forged IDs are submitted to authorities, and the county will officially transfer ownership to the "buyer," who becomes the new legal owner in the eyes of the law. This leaves the rightful owner without the title and deed to the house and forced to go to court to try and get their property back.
Sadly, as the Internet has made it easier to find property owners and forge documents, rates of home theft are on the rise. While the FBI doesn't have a separate category specifically for this offense, the agency's 2023 Internet Crime Report shows there were 9,521 fraud complaints related to real estate totaling over $145.2 million in annual losses.
Also, the New York Post reported recently on the growing number of title fraud claims, including a recent Detroit case involving a scammer who stole more than 30 homes.
TO READ MORE: https://www.yahoo.com/finance/news/happens-someone-sells-property-america-103100144.html
Some Iraq News Posted by Clare at KTFA 10-28-2024
KTFA:
Clare: Opening of 7 new outlets for supplying liquefied gas in Iraq
10/28/2024
The Oil Products Distribution Company, affiliated with the Ministry of Oil, announced today, Monday, the opening of 7 new outlets to supply liquefied gas (LPG) to vehicles, as about 29 million and 500 thousand liters of gas were supplied to vehicles through the outlets spread across various governorates.
KTFA:
Clare: Opening of 7 new outlets for supplying liquefied gas in Iraq
10/28/2024
The Oil Products Distribution Company, affiliated with the Ministry of Oil, announced today, Monday, the opening of 7 new outlets to supply liquefied gas (LPG) to vehicles, as about 29 million and 500 thousand liters of gas were supplied to vehicles through the outlets spread across various governorates.
The company's general manager, Hussein Talib, said in a statement that the new outlets were distributed across a number of governorates, as three outlets were opened in Nineveh, two in Muthanna, and one outlet in each of Baghdad and Maysan, stressing that work is ongoing to open more outlets to meet the needs of citizens.
For his part, the Director of the Equipment Authority, Falah Hashem, explained that the distribution company currently manages 70 outlets for vehicle gas, while the gas filling company manages 53 outlets, bringing the total number of outlets to 123 outlets, stressing the continuation of efforts to expand the number of outlets to cover all governorates with liquefied gas services for vehicles.
The General Company for Gas Filling and Services indicated that more than 10% of cars in the country have converted to the gas system, considering that this system is safer than gasoline, with the increasing demand of citizens to convert their cars to operate on gas due to the high prices of improved and premium gasoline. LINK
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Clare: Al-Lami and Al-Alaq stress the need to combine efforts to prevent corruption and recover its proceeds
10/28/2024 Baghdad
The Chairman of the Federal Integrity Commission, Mohammed Ali Al-Lami, stressed the need for concerted efforts by state institutions to prevent and combat corruption, and to strive diligently to recover smuggled corruption proceeds, in addition to focusing on preventive, awareness-raising and educational methods to prevent corruption and spread and consolidate the culture of integrity among society.
Al-Lami, during his reception of the Governor of the Central Bank, Ali Al-Alaq, at the Authority’s headquarters, noted “the Authority’s determination to continue efforts to combat corruption and pursue its perpetrators, noting that corruption hinders reconstruction, development and investment operations and contributes to the decline in services provided to citizens.”
For his part, the Governor of the Central Bank offered his "congratulations to Mohammed Ali Al-Lami on assuming his duties as Chairman of the Federal Integrity Commission," wishing him "success in carrying out the great national mission of combating corruption and cleansing state institutions of its filth."
The two parties agreed to "intensify levels of cooperation and coordination between the Authority and the Central Bank, especially in the file of money laundering and smuggling, noting the sanctity and inviolability of public money, and the importance of doubling efforts to preserve it, and recovering what was stolen, embezzled and smuggled out of the country." LINK
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Clare: Rafidain Bank explains the mechanism of selling dollars to travelers
10/28/2024
Rafidain Bank explained, today, Monday, the mechanism for selling dollars to travelers.
A statement by the bank received by the Iraqi News Agency (INA) stated that "the traveler makes an electronic reservation through the bank's website, and the reservation form is filled out 72 hours before the date stated on the travel ticket after completing the reservation procedures and confirming the date," indicating that "the traveler then goes to one of the branches for the purpose of depositing cash in dinars in the branch exclusively."
The statement added that "the dollar will be received at the bank's outlet inside the Babylon Hall at Baghdad International Airport exclusively, and the dollar will not be delivered to the traveler until after completing the travel procedures and after finishing the passport stamping."
He added, "The branches designated for depositing the Iraqi dinar are the Karkh branches (Al-Mansour, Al-Rafei, Al-Ma'rifah, Al-Muheet), the Rusafa branches (Al-Senak, Al-Firdaws, the main branch, Palestine Street, the officers' houses, Al-Waziriyah)."
He pointed out that "the requirements for selling the dollar are a valid Iraqi passport with a valid visa or residency, a civil status ID, a nationality certificate or a unified national card, a residence card, and a valid travel ticket." LINK
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Clare: Iraqi-US Negotiating Committee Stresses Transition from Military to Economic Relations
The Higher Coordination Committee for the Strategic Framework Agreement for Friendship and Cooperation with the United States of America stressed the need to move the relationship with Washington to an economic partnership and not to focus on military affairs.
This came during the committee's periodic meeting headed by Foreign Minister Fuad Hussein, in the presence of all representatives of the subcommittees within the Higher Committee, according to a statement by the committee.
The statement stated that "the meeting discussed the latest developments in bilateral relations between Iraq and the United States of America, in addition to reviewing the achievements approved during the recent meetings between the two parties in mid-April in the capital, Washington. Future working papers were also discussed during the upcoming meetings of the committee, scheduled to be held in February of next year, within the agreed upon axes, which include cooperation in the political and diplomatic fields, security and defense, energy, economy, education, health, and the environment."
The Foreign Minister stressed the importance of strengthening relations with the United States of America by implementing the provisions of the agreement, and moving the relationship to a solid economic partnership. He also stressed the need not to focus only on military and security aspects, but rather to expand cooperation to include economic, health, educational, and other fields. link
“Monday Morning Coffee With MarkZ and Zester” 10-28-2024
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: GM Everyone! Happy Monday!
Member: Today is the 95th anniversary of the 1929 Black Monday stock market crash.
Member: Rumor is tomorrow may be our Black Tuesday
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: GM Everyone! Happy Monday!
Member: Today is the 95th anniversary of the 1929 Black Monday stock market crash.
Member: Rumor is tomorrow may be our Black Tuesday
Member: Any big updates yet Mark?
MZ: We should know this afternoon if what we are hoping for has happened.
Member: What's the news you're waiting on this afternoon?
MZ: Waiting for bond guys to check in…It’s too early right now. But I have great hopes that a lot happened over the weekend. I won’t be speaking with those folks until late afternoon/early evening. Bankers usually check in at 2 or 3 pm once they get out of morning meetings. I should have more for this evening on those fronts.
MZ: In Iraq: “Al-Rafidain bank implementing the comprehensive banking system in 46 branches in Baghdad and the provinces” This is more modernization that we keep hearing about.
MZ: “ Over 150,000 KRG employees now receiving salaries through “MyAccount” No more filling out papers and waiting… It’s now automatically deposited on payday. They are cleaning up the banking system and removing a lot of cash from circulation.
MZ: “ Regional government to it’s employees: Those who don’t have biometric code will stop their salary” Unsure if this means eyes or fingerprints? Does it simply meant 2-factor identification?
Member: Eliminating fake employees ..this is a big confirmation…imo
Member: I hear you will use biometrics with your QFS card. That's the reason that nobody can get into your account, but you.
Member:.Mark, what happened to the reported HCL Law in parliament on Sunday?
Member: Parliament has set Tuesday to vote of the 4 controversial files including real estate, personal status, etc
MZ: This is restoring land and property to citizens that had been stolen by Isis ect….At one time nearly half the people in Iraq were displaced.
Member: where is the money coming from that will be paying out the Zim bearer bonds?
MZ: I believe the funds for the Zim come from Dubai 1 and 2 but am not certain. We will ask Mr. C.
Member: You think we will still get this over with before November 1st?
MZ: I am not ruling out October as our month….but with only 3 days left….November looks more realistic.
Member: IMO I don't think it will go until after the election
Member: Still hoping this is our year.
Member: Mtn Goat posted over the weekend RV in the first half of 2025. Here we go again
Member: Any chance that the IQD will revalue prior to 4b being notified? I'm talking days, not a few hours.
Member: It should happen at the same time….when it RV’s we get notified.
Member: Warren Buffet dumpin 10.8 Billion in stocks? Sounds ominous.
Member: Can’t believe we have had to wait this long for this. Man…what they put us through better be worth it!!
Member: See everyone tonight and hoping for big historic bond news.
StacieZ and Zester joins the stream at the end…please listen to replay for thier opinions and information
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Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
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Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!