More News, Rumors and Opinions Tuesday PM 12-10-2024

KTFA:

Clare:  Al-Sudani: Choosing Baghdad as the Arab Tourism Capital 2025 reflects its cultural and civilizational heritage

12/10/2024

Prime Minister Mohammed Shia Al-Sudani congratulated, today, Tuesday, the Arab Tourism Organization’s selection of the beloved capital, Baghdad, the city of civilization, history and culture, to be the Arab Tourism Capital for the year 2025.  LINK

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Clare:  Baghdad chosen as the Arab Tourism Capital for 2025

12/10/2024

The Iraqi Ministry of Foreign Affairs announced on Tuesday that the Arab Tourism Organization has chosen Baghdad as the capital of Arab tourism for the year 2025. 

A statement by the ministry, received by Shafak News Agency, said that this came during the 27th session of the Arab Ministerial Council for Tourism, which was held at the headquarters of the General Secretariat of the League of Arab States in Cairo.

The statement said that Baghdad was chosen for this title in recognition of the city’s fulfillment of the approved criteria for choosing the Arab Tourism Capital, which include tourism management, infrastructure, tourism resources, various tourism activities, environmental conservation, health safety, and tourism security and stability.

The Arab Ministerial Council for Tourism welcomed the decision, while the President of the Arab Tourism Organization, Bandar bin Fahd Al-Fahid, expressed his congratulations to the President of the Republic, Abdul Latif Rashid, the Prime Minister, Mohammed Shia Al-Sudani, and the Iraqi government on this achievement.

Al-Fahid stressed that this choice aims to enhance inter-Arab tourism and highlight the cultural uniqueness of Baghdad. 

He explained that the organization, in cooperation with the Iraqi Ministry of Culture, Tourism and Antiquities, will organize a celebration to inaugurate Baghdad as the capital of Arab tourism in early 2025, in addition to a series of tourism events and programs that enhance Iraq's position on the regional and international tourism map.

The statement indicated that this achievement came through joint efforts from the Prime Minister's Office, the Iraqi Ministry of Foreign Affairs through its representation in Cairo, the Ministry of Culture, and other supporting bodies.  LINK

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   [Iraq boots-on-the-ground report]  FIREFLY: Mr. Sammy says he expects the roll out of the lower notes very soon.    The Gazette is now talking about the digital formation world and they're talking about the new and the old currency.   It's in the Gazette.  The Gazette posted a digital law and this is essential to Iraq to go international outside its borders.  This way to make it legal to enter the international world.

Mnt Goat  Article:  “AL-ALAQ: OUR CRITICAL POSITION IS VERY EXCELLENT”.  I was told [by my CBI contact] that thanks to the well-studied and wise financial policies of Prime Minister Mohammed Shia al-Sudani’s government, the country’s monetary position has become very excellent...She confirmed the target for the Project to Delete the Zeros is still set for late December/early 2025... 

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LIVE! INSIDERS ARE DUMPING STOCKS. (SHOULD WE EXPECT AN IMMINIMENT STOCK MARKET CRASH?

Greg Mannarino:  12-10-2024

https://www.youtube.com/watch?v=UyogfewXmC0

GOLD or SILVER in 2025; Which Should You Be Stacking?

ITM Trading :  12-10-2024

Gold or silver – which one should you own to protect your wealth? While they share similarities, their functions differ significantly. In this video, we’ll dive into the historical roles of gold and silver, the gold-to-silver ratio, and their performance during economic crises. Learn how to make the best choice for your financial future and why holding both metals is key. Plus, discover how central banks are positioning themselves and what you can do to prepare for what’s coming next.

https://www.youtube.com/watch?v=k80EArLtDUE&t=17s

Some Iraq News posted by Clare at KTFA 12-10-2024

KTFA:

Clare:  Tomorrow, Wednesday... 146 diplomatic and international figures visit Basra

12/10/2024 Basra /

The Culture, Media and Tourism Committee of Basra Provincial Council announced that "the Ministry of Foreign Affairs will organize an exploratory trip to Basra Governorate, starting tomorrow, Wednesday, for three days. To view the achievements of major strategic and development projects.

The head of the committee, Aqil Al-Furaiji, said in a statement: "The trip will witness a wide diplomatic presence, as invitations were extended to about 146 official figures, including ambassadors, chargés d'affaires and representatives of international organizations such as the United Nations, the European Union and the World Bank.

He indicated that "Basra has today become a prominent destination at all levels due to its tangible successes in various fields, noting that the visit is an opportunity to acquaint diplomatic missions with the extent of the achievements and developments witnessed by the city."

He pointed out that: "The Ministers of Foreign Affairs and Transport will be part of the visiting delegation, and the guests will be received by the Governor of Basra. The local government has also prepared a comprehensive program that includes field trips to view the achievements of the major strategic and development projects that the governorate has recently witnessed.

Al-Furaiji said that: "These achievements have contributed to restoring Basra's historical luster and true identity, which has made it the focus of attention of countries, investors, international and Arab companies, intellectuals and visitors.  LINK

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Clare:  Iraq Development Fund announces imminent launch of 4 basic projects

12/10/2024  Baghdad - WAA - Hassan Al-Fawaz, 

Chairman of the Iraq Development Fund, Mohammed Al-Najjar, revealed today, Tuesday, the fund's future plans, while confirming the imminent launch of 4 basic projects.

Al-Najjar said in a statement to the Iraqi News Agency (INA): "The fund has spent the first year of its work arranging and organizing its affairs, given that it is a completely new experience in Iraq, and has no local backgrounds," noting that "international companies and institutions were hired to support it in this field."

He added, "During the second year, the focus was on 4 main projects that will be launched soon through (Ejr w Tamlik), and now we are ready to start the projects that we promised the public."

He pointed out that "during the coming period, new projects will be announced, approximately every month, with a new announcement," noting that "each project goes through preparation and study stages that may take from 6 to 7 months in order to reach convictions that these projects are good and serve citizens by preparing correct partners and financing because we work extensively with the private sector." 

He continued: "Soon, many projects will appear on the ground."   LINK

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Clare:  Bahr Al-Uloom: The government has allocated $100 billion to support major projects over three years

12/9/2024  Baghdad - WAA - Hassan Al-Fawaz

Undersecretary of the Ministry of Foreign Affairs for Bilateral Relations, Mohammed Hussein Bahr Al-Ulum, stressed today, Monday, the importance of strengthening bilateral relations between Iraq and Greece, and while confirming that the government is proceeding with the development road project, he revealed that it has allocated a budget estimated at 100 billion dollars to support major strategic projects over 3 years.

"I am honored to welcome you to this Iraqi-Greek forum, which represents a milestone in the course of relations between our two friendly countries," Bahr al-Uloom said during his speech at the Iraqi-Greek forum in the capital Baghdad, attended by the correspondent of the Iraqi News Agency (INA), indicating that "organizing this forum reflects our joint commitment to strengthening the bonds of friendship and cooperation, and provides a valuable opportunity to exchange ideas and explore new horizons for a fruitful partnership that serves the interests of the two peoples."

He pointed out that "Iraqi-Greek relations are not new, but rather date back to the thirties of the last century, when Greek companies played an important role in the renaissance of Iraq, especially in the fields of infrastructure." 
Bahr al-Uloom stressed that "in light of the security and economic improvement that Iraq is witnessing today, we are ready to support a strong return of Greek companies to invest in the promising Iraqi market, which is full of diverse opportunities."

He explained that "the visit of the Greek delegation is a prominent station to strengthen bilateral relations in the economic field," noting that "during this visit, in-depth discussions were held with Iraqi officials on vital files, and promising understandings were reached that we hope will soon be translated into tangible projects that benefit both countries."

Bahr Al-Uloom stressed that "Iraq believes in the importance of real partnerships that are built on the basis of common interests, and we look forward to benefiting from the expertise of Greek companies and their pioneering trade."

Bahr Al-Uloom highlighted the ambitious vision of the Iraqi government, led by Prime Minister Mohammed Shia Al-Sudani, which aims to develop the Iraqi economy by supporting the private sector and stimulating foreign investment. He explained that “the government has launched initiatives, including the Iraqi Development Fund to attract foreign investments in cooperation with prestigious international funds, in addition to providing sovereign guarantees to support the private sector in implementing these projects.”

He pointed out that “the government has allocated a budget estimated at $100 billion over three years to implement major infrastructure projects, and this is a suitable ground for the participation of Greek companies,” noting that “the government is proceeding with the strategic development road project that links the East and West at the lowest cost and establishes new economic cities in Iraq.”

Bahr Al-Uloom explained that “the government plans to build one million new housing units, which provides wide areas for international companies, in addition to opportunities in the energy sector, as Iraq produces 4 million barrels of oil per day and ranks third in production. It also has large gas reserves, and aims to develop its production in this field over the next five years.”

Bahr Al-Uloom stressed that “Iraq seeks to develop the pharmaceutical and food industries with annual needs It exceeds 3 billion dollars," noting that "Iraq, thanks to its security stability and economic vision, is a reliable strategic partner for Greek companies."  LINK

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Clare: Al-Bandawi: Our borders with Syria are secure and what happened in 2014 will never happen again

12/10/2024  

 Member of the Parliamentary Security and Defense Committee, Ali Al Bandawi, confirmed that the Iraqi border with the Syrian side is “secure and cannot be penetrated.”

Al-Bandawi told Al-Furat News Agency: "The Iraqi-Syrian border is 100% secure. We visited the Border Guard Forces Command and met with the security leaders in the presence of the Minister of Interior. We were assured of the border situation thanks to the deployment of security forces, the procedures of placing concrete, digging a trench 4 meters wide and 3 meters deep, distributing barbed wire, watchtowers, thermal cameras, drones and intelligence efforts."
He added, "Behind these procedures are the Ministry of Defense forces from various army formations and then the Popular Mobilization Forces."

Al-Bandawi pointed out that "the border is secure and we assure the Iraqi people that the border is solid and there will be no entry of any ISIS terrorist element or other terrorist groups as happened in 2014 and that this event will never be repeated."

Raghad  LINK

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Clare:  Prime Minister: Victory Day has become a milestone in our people's journey

12/9/2024  Baghdad - WAA 

Prime Minister Mohammed Shia Al-Sudani confirmed today, Monday, that Victory Day is a day when all Iraqis are proud of what they achieved 7 years ago in a resounding victory over the defeated ISIS gangs, stressing that Victory Day has become a milestone in the path of our people.  

The Prime Minister said in a speech on the occasion of Victory Day - followed by the Iraqi News Agency (INA): "We remember a day when all Iraqis are proud of what they achieved 7 years ago in a resounding victory over the defeated ISIS gangs," indicating that "Victory Day has become a milestone in the journey of our people."

The Prime Minister added that "the first thing we remember on this day is that victory has become a reality that we boast about throughout history thanks to the sacrifices of the martyrs and the wounded and supported by the supreme authority with its blessed fatwa," explaining that "friends and brothers stood with us in the face of terrorism; because the Iraqis fought on behalf of the world."

The Prime Minister stressed that "the victory of the Iraqis is the victory of humanity in the face of the threat that terrified the region and the world," adding that "terrorism no longer has a foothold on the land of Iraq today and its remnants have nothing but defeat and flight before our armed forces."

He explained that "our forces crush terrorists wherever they find them," indicating that "there are still those who are waiting for opportunities, delusional, to breathe life into the remaining terrorists."
The Prime Minister continued, "We must continue to confront alien ideas and everything that destroys our social and cultural values," explaining, "We must address all the gaps that enabled terrorism to infiltrate in 2014."

The Prime Minister stressed that "our Iraq emerged strong, healthy, victorious and determined to build, reconstruct and develop," adding, "We have continued to support and extend the power of law, achieve justice, reconstruct liberated areas, support their people and return all their residents to their land."

He pointed out that "the victory of the Iraqis over the defeated ISIS gangs is a confirmation of the importance of the unity of our people," stressing the need to "warn against the danger of suspicious calls that aim to obstruct the wheel of life that the heroes of victory created with their sacrifices."
The Prime Minister explained that "Iraqi cities have become a workshop for reconstruction and progress," warning against the consequences of "fueling conflicts that produce more destruction and causes of wars."

The Prime Minister continued, "Today, we are following the events in neighboring Syria and we are hopeful that the countries of the region and the world will assume responsibility to preserve the security and sovereignty of Syria," stressing, "the necessity of leaving the choice to the Syrian people and respecting their free will, along with the international responsibility to preserve the unity of Syrian territory and protect diversity."

The Prime Minister concluded his speech, "Terrorism came to Iraq across the border and we defeated it with great sacrifices."  LINK

Iraq Economic News and Points to Ponder Tuesday Afternoon 12-10-24

Dollar Prices Drop Slightly In Baghdad and Erbil At Closing

Economy  | 10/12/2024  Mawazine News – Economy  The US dollar exchange rate in the Iraqi capital Baghdad witnessed a slight decline on Tuesday evening, and prices in Erbil, the capital of the Kurdistan Region, recorded a similar decline with the closing of the stock exchanges.

The dollar prices also decreased with the closing of the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 150,700 dinars per 100 dollars, compared to 150,800 dinars in the morning.

Selling prices stabilized in the local exchange markets in Baghdad, where the selling price reached 151,750 dinars per 100 dollars, while the purchase price reached 149,750 dinars per 100 dollars.

In Erbil, the dollar also recorded a slight decline, where the selling price reached 150,400 dinars per 100 dollars, while the purchase price recorded 150,300 dinars per 100 US dollars. https://www.mawazin.net/Details.aspx?jimare=257307

Baghdad Stock Exchange closes higher... 151,750 dinars per 100 dollars

Money and business Economy News – Baghdad The US dollar exchange rate continued to rise against the Iraqi dinar, with the closing of trading at the Al-Kifah Stock Exchange in Baghdad.

The selling price in exchange shops was recorded at 151,750 dinars for 100 dollars, while the purchase price was 149,750 dinars for 100 dollars.

Amid the discrepancy between the official and parallel price, most local markets are experiencing a state of stagnation due to their impact on the US dollar. https://economy-news.net/content.php?id=50730

Gold Rises 0.6 Percent

Time: 2024/12/10 17:16:08 Reading: 247 times {Economic: Al Furat News} Gold prices rose during trading on Tuesday, supported by the escalation of geopolitical tension in the Middle East and expectations of a reduction in US interest rates during the current month.

Investors are awaiting key US inflation data due later this week.

Spot gold rose 0.6 percent to $2,674.39 an ounce by 11:01 GMT.

As for other precious metals, silver rose in spot transactions by 0.1 percent to $31.85 per ounce, platinum fell by 1 percent to $938.11, while palladium fell by 0.2 percent to $972.67. LINK

Globally.. Slight Decrease In Oil Prices

Economy  | - 10/12/2024  Mawazine News – Baghdad  Oil prices edged lower on Tuesday, holding onto most of their gains from the previous session, as heightened geopolitical risks following events in Syria and China’s pledge to increase fiscal stimulus helped support prices.

Brent crude futures were down 13 cents, or about 0.2%, at $72.01 a barrel, while U.S. West Texas Intermediate (WTI) crude futures were down 14 cents, or also 0.2%, at $68.23.

Both futures rose more than 1% on Monday. https://www.mawazin.net/Details.aspx?jimare=257298

Minister Of Culture: Crowning Baghdad As The Arab Tourism Capital Will Create Many Investment Opportunities

Local | 10/12/2024 Mawazine News – Baghdad  Minister of Culture and Antiquities Ahmed Fakak Al-Badrani confirmed today, Tuesday, that crowning Baghdad as the capital of Arab tourism will create many investment opportunities, while indicating that this coronation will increase job opportunities in popular markets and professions.

Al-Badrani told the official agency: "18 items were included on the agenda of the Executive Council of Arab Tourism Ministers, the most prominent of which is choosing the capital of Arab tourism," noting that "the support of Prime Minister Mohammed Shia Al-Sudani and the efforts made in Baghdad by everyone culminated in the council's unanimous vote to make beautiful and beloved Baghdad the capital of Arab tourism for the year 2025."

He explained that "this is one of the great achievements made under the government of the Prime Minister, and the assistance of the Council of Ministers and all ministries contributed to achieving this decision," noting that "the Baghdad Municipality made great efforts in achieving this, in addition to the entire ministry's staff represented by the Tourism Authority, the Antiquities Authority and the Culture Directorate in the ministry, which made great efforts to show the beauty and splendor of the beautiful nights of Baghdad."

He added, "This is good news for all Iraqis that Baghdad, which history has turned its back on for a while, has returned strongly to Arab circles and the international community to be the capital of Arab tourism and a destination for tourists in 2025," indicating that "this is a great achievement for the government and in the coming days many details about this issue will be revealed."

Al-Badrani pointed out that "this issue has many importance, the first of which is to shed light on the fact that Baghdad has returned as a safe and secure city that sleeps peacefully on the banks of the Tigris and welcomes with open arms all tourists from everywhere, in addition to Baghdad being a large library represented by Mutanabbi Street and the universities in Baghdad."

He stressed that "this decision has an important economic aspect, as tourism has stopped and been disrupted for many known reasons, but now Baghdad will be crowded and there will be great job opportunities and many in the popular markets and professions," indicating that "many owners of capital will try to come to Baghdad to look for an investment opportunity."

https://www.mawazin.net/Details.aspx?jimare=257306

Iraq Development Fund Announces Imminent Launch Of 4 Basic Projects

Mohammed Al-Najjar   Construction and reconstruction  Economy News - BaghdadOn Tuesday, the head of the Iraq Development Fund, Mohammed Al-Najjar, revealed the fund’s future plans, while confirming the imminent launch of 4 basic projects.

Al-Najjar said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "the fund has spent the first year of its work arranging and organizing its affairs, given that it is a completely new experience in Iraq, and has no local backgrounds," noting that "international companies and institutions were used to support it in this field."

He added that "during the second year, the focus was on 4 basic projects that will be launched soon through (Ejr wa Tamlik), and now we are ready to start the projects that we promised the public."

He pointed out that "during the coming period, new projects will be announced, approximately every month, with a new announcement," noting that "each project goes through preparation and study stages that may take from 6 to 7 months in order to reach convictions that these projects are good and serve citizens by preparing correct partners and financing because we work extensively with the private sector." He continued: "Soon, many projects will appear on the ground."

127 views Added 12/10/2024 - https://economy-news.net/content.php?id=50718

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

Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 12-10-24

Good Afternoon Dinar Recaps,

USDT IS NOW APPROVED AS ACCEPTED VIRTUAL ASSET IN ABU DHABI

Tether has announced that Abu Dhabi’s Financial Services Regulatory Authority has approved the company’s U.S. dollar-pegged stablecoin as an accepted virtual asset.

According to the announcement on Dec. 10, Tether is now available to authorized individuals and entities regulated within the Abu Dhabi Global Market. FSRA is a market regulator in Abu Dhabi under the Abu Dhabi Global Market. The FSRA is a market regulato r under the ADGM, which operates as a financial-free zone in the United Arab Emirates.

USDT’s approval is part of FSRA’s mandate to regulate virtual asset service providers in the country. VASPs are required to comply with anti-money laundering and combating the financing of terrorism regulations.

In its announcement, Tether stated that the approval enables FSRA-licensed individuals and entities to offer USDT-powered services in the region. The agency pre-approves such services. With this acceptance, users within the ADGM can use USDT on Ethereum, Solana, and Avalanche.

Paolo Ardoino, chief executive officer of Tether, commented:

“This milestone underscores Tether’s commitment to fostering global financial inclusion and innovation. By bringing USD₮ to the forefront of ADGM’s regulated virtual asset framework, we are not only validating the importance of stablecoins as critical tools for modern finance but also opening new doors for collaboration and growth across the Middle East.”

USDT is the world’s largest U.S. dollar-pegged stablecoin, with a market cap of over $138 billion. Its adoption across the payments market and crypto space has allowed it to dominate other stablecoins, contributing to Tether’s record-breaking revenue figures.

Tether also revealed in a report on Dec. 9 that on-chain wallets with USDT exceeded 109 million at the start of the fourth quarter of 2024. Meanwhile, total wallets that have ever received USDT has surpassed 400 million.

Elsewhere, the Middle East and North Africa region has increasingly become a key market.

In May this year, Tether announced its expansion in the UAE via a partnership with web3-focused platform RAK Digital Assets Oasis. The collaboration aimed at promoting adoption of  Bitcoin and stablecoins in technology in UAE’s sixth-largest city Ras Al Khaimah.

In August, Tether revealed plans for a dirham-pegged stablecoin.

@ Newshounds News™

Source:  Crypto News

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MICROSOFT SHAREHOLDERS REJECT PROPOSAL TO ADD BITCOIN TO RESERVES

Shareholders opposed the motion, pointing to bitcoin’s volatility as a key concern.  Microsoft’s history with the world’s largest cryptocurrency has been cautious.

Microsoft shareholders voted to reject a resolution to add Bitcoin to the company’s balance sheet during its annual meeting on Tuesday.

The resolution was proposed by the National Center for Public Policy Research (NCPPR), a pro-free-market think tank based in Washington, D.C. The NCPPR framed the initiative as a corporate responsibility to diversify profits and enhance shareholder value.

As part of the proposal, a pre-recorded video was presented during the meeting. The video opened with the statement, “Microsoft can’t afford to miss the next technology wave, and bitcoin is that wave." The decision to reject the proposal aligns with the board’s recommendation, which emphasized Microsoft’s existing strategy of evaluating a wide range of investable assets, including bitcoin, within it  broader investment framework.

The recent arrival of new derivatives trading solutions, including options on the black rock ETF are only likely to strengthen that narrative as is the burgeoning liquidity on those and other venues around the world alongside the relatively newer role of bitcoin as a capital markets activity catalyst as evinced in recent convertible bond issuance by a number of the digital asset industries larger players.

Microsoft’s history with bitcoin has been cautious. The company briefly accepted the cryptocurrency as a payment method in 2014 but suspended the option in 2016, citing low usage and regulatory uncertainties. Today's result aligns with the views of Microsoft co-founder Bill Gates, who has been a vocal critic of cryptocurrencies.

Bitcoin experienced a 3% pullback over the past 24 hours, adding to broader uncertainty in the cryptocurrency market. The global cryptocurrency market cap declined by almost 5% in the same period, now standing at $3.73 trillion, according to CoinGecko data.

Despite Microsoft’s stance, discussions around bitcoin adoption at the corporate level are becoming increasingly common. Cryptocurrency derivatives trader Gordon Grant noted the significance of these debates.

"The fact that we are having conversations about whether one of the world's largest entities could or should maintain a position in bitcoin on its balance sheets as a financial principal says far more about the arrival of bitcoin as a tier one asset, than the actual outcome of the decision," Grant told The Block.

Grant also highlighted the growing interest in bitcoin as a capital markets catalyst, pointing to recent convertible bond issuances by MicroStrategy as evidence of bitcoin’s evolving role in financial markets.

"Utilization of bitcoin as a financial diversifier, as a conveyance for the transfer of monetary value, and as a vector for what MicroStrategy's Michael Saylor has called global digital capital, continues to gain currency," Grant said.

@ Newshounds News™

Source:  The Block

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PRESIDENT JEST A NEW STATE?  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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Thank you Dinar Recaps

Tim Price: Real Assets are Returning to the Playbook of the 1970s

Tim Price: Real Assets are Returning to the Playbook of the 1970s

Palisades Gold Radio:  12-20-2024

Tom welcomes back Tim Price from Price Value Partners, to discuss the happenings on the other side of the pond. Price shares concerns over Europe's chaos, comparing it unfavorably to the US under Trump, who he sees as reducing 'woke culture' and neo-Marxist economic policies.

 He criticizes the media for losing credibility due to untruths and emphasizes the importance of understanding debt economics. Price reflects on his experiences during the exchange rate mechanism crisis and shares skepticism towards state planning, believing it has historically failed.

 Tim also covers the potential swing from left to right in politics and corruption issues, with Trump's election seen as a possible catalyst for change.

Additionally, gold or non-fiat money is suggested as an alternative to the corrupted monetary system.

Price calls for individual empowerment and market efficiencies, criticizes central banks, and advocates for real assets and value investing.

He discusses potential implications of Bitcoin reaching new heights and Tether's role in it. Throughout the interview, Tim Price encourages listeners to consider traditional investments like gold and silver, often overlooked despite their attractive valuations compared to the stock market.

Time Stamp References:

0:00 – Introduction

 0:39 - State of Europe

2:48 - Trump & Pendulum Swings

7:54 - Trends & Growing Debt

10:17 - Bond Mkt Predictions

15:50 - Endemic Issues

20:23 - Milei & Trump

22:04 - Global Cuts & Change

23:00 - Fixing Corrupt Money

26:55 - The Invisible Hand?

31:34 - 40-Year Rate Regime

 37:30 - Too Early & Wrong

44:53 - Silvers Potential

48:04 - Finding Cheap Assets

50:00 - Bitcoin 100k

50:55 - Dollar Strength?

55:42 - Time & Cheap Assets

 59:43 - Miners Underperformance

 1:02:17 - Contraian-isms

1:03:07 - Wrap Up

Talking Points From This Episode

Europe's chaos contrasted unfavorably to US under Trump, with concerns over 'woke culture' and neo-Marxist economic policies.

Media narratives criticized for losing credibility due to untruths, stressing importance of understanding debt economics in politics.

Skepticism towards state planning historically, individual empowerment, real assets, value investing promoted.

https://www.youtube.com/watch?v=HK2rj6x8HWI

News, Rumors and Opinions Tuesday 12-10-2024

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. 10 Dec. 2024

Compiled Tues. 10 Dec. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Judy Note: WARNING Scammers are everywhere. It is my understanding that:

(1) If you don’t presently physically hold currency or bonds, you don’t own them. Do not give your bonds or currency to anyone else to redeem. You are the only one who can exchange and redeem them. If you have a problem in doing that, ask the person you talk to when you set your appointment to help work out the problem.

(2) Do not exchange your currency at a bank. They will not give you the higher rates, nor the Contract Rates that a Redemption Center was authorized to give you.

(3) The Zim can only be(allegedly)  redeemed at a Redemption Center, not at a bank.

(4) Some Redemption Centers are located in private banks, but make sure it is a Redemption Center where you do your business.

Fri. 6 Dec. 2024 TNT Intel Summary: Bank meetings today to discuss final aspects of RV. Three Letter Agencies say “IT’S DONE.” US and Canada started p(allegedly) aying VIPs on Wed. 4 Dec, Thurs. 5 Dec, and today Fri. 6 Dec. The Iraqi Dinar (allegedly) being paid right now at $3.49 in-country.

Sat. 7 Dec. 2024: Rumor was that Vietnam had revalued their Dong in-country.

Sun. 8 Dec. 2024: Four day Victory Celebration (allegedly) begins in Iraq from Sun. 8 Dec. to Wed. 12th Dec. 2024. …Britt Vibes on Telegram posted by Wolverine

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Mon. 9 Dec. 2024 Wolverine on Cash Release Codes:

The rescue of financial instruments has begun. The launch of the Global Fund has just (allegedly) taken place everywhere in the world, marking the beginning of the global asset rescue program registered in Redemption.

Officially (allegedly) launched an hour ago, this is fantastic news for all beneficiaries. Tens of thousands of transactions around the world can now start paying.

Tomorrow Tues. 10 Dec. 2024 will be (allegedly) opera time.

The Admiral in Reno(allegedly)  gave the green light and Reno has (allegedly) begun.

The Whales are (allegedly) getting paid. Everyone else (allegedly) goes on Mondays and Tuesdays. The Whales are at the level right in front of us!

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Global Financial Crisis:

Mon. 9 Dec. 2024 Financial Dominoes Falling – Banks Facing “Mysterious Failures” …Carolyn Bessette Kennedy on Telegram

Since October 2024, banks across select regions have been plagued by so-called “technical failures.” Account balances mysteriously fluctuate, transactions are frozen, and fund transfers grind to a halt. Coincidence? Think again.

These aren’t random glitches—they’re the first tremors of a seismic shift in the financial world. The Quantum Financial System (QFS) is (allegedly) running in stealth mode, silently dismantling the traditional banking systems that have enslaved humanity for decades.

As QFS operates alongside legacy systems, it (allegedly) exposes every fraudulent transaction, every artificially inflated scheme, and every hidden dollar. The cracks in their façade are no longer avoidable—the corruption is being laid bare in real time.

Inside the banking halls of the Cabal, chaos reigns. Executives are scrambling, (allegedly) feeding the public lies about “system upgrades” and “technical issues,” but the truth is too big to hide: QFS is watching. It’s auditing every move, tracking every shadowy scheme, and unveiling the manipulation they thought was safe.

This isn’t just a few glitches—it’s the Cabal’s worst nightmare. For years, they’ve siphoned off trillions, created artificial shortages, and tightened their grip on the global economy. But the QFS is a system they cannot bribe, hack, or control. It (allegedly) sees everything.

Behind closed doors, the elites are terrified. They know the Quantum Financial System isn’t just exposing them—it’s preparing to obliterate their entire structure. Their empires of stolen wealth, built on lies and deceit, are crumbling.

The storm is here. These “technical issues” are not mistakes—they’re the beginning of the end for the financial s***e system. Every time you see another “bank outage,” remember: this is the sound of the dominoes falling.

What happens when the public learns the truth? When they realize the banks weren’t just inefficient but were actively working against them? The answer is revolution.

Spread this message far and wide. The Cabal’s financial system is (allegedly) dying, and the Quantum Era is rising. We are on the brink of global liberation, and you are witnessing history in the making.

Read full post here:  https://dinarchronicles.com/2024/12/10/restored-republic-via-a-gcr-update-as-of-december-10-2024/

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

Courtesy of Dinar Guru:  https://www.dinarguru.com/

MarkZ   [via PDK]  Question:  I’m just curious “what if” parliament doesn’t sign off before the 10th?  MarkZ:  If they don’t make it - I’m still sticking around until they do...  I still think we could see the RV before Christmas. Possibly in the next few days. Worst case scenario – by the end of January….

Frank26   [When talking to a bank wealth manager/private banker] Don't push, 'I got dinars!'...Talk on the same level because she knows now what you know...'These are the facts and this is what I want to know'...You want to ask them, what is your fee you're going to charge me to exchange my currency at your bank...Two, what type of insurance do you have because FDIC only covers me for $250,000.  Do you have supplemental insurance?  ...Next thing you want to know is how are you going to be able to get your money out? ...What is the procedure for you to withdraw?  Can you only withdraw $10,000 per week? Per day?  What are my limitations?  If I want physical cash, not electronic, how much can I take out?  What are my limitations?  ...Do you have lawyers...CPA... bookkeepers...IRS agent?  ...Would your lawyers be able to help you set up trust funds...?  I want to protect my money.

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

Recession & 2nd Inflation Wave Coming in 2025 | Gareth Soloway

Liberty and Finance:  12-10-2024

Gareth Soloway discusses his outlook for inflation, the economy, and the financial markets, warning that inflation could pick up again in 2025.

Soloway explains that while inflation seems under control for now, pressures from food prices, tariffs, and government spending could trigger another wave of inflation, potentially leading to stagflation if the economy slips into a recession.

He also shares his technical analysis on Bitcoin, predicting potential corrections but maintaining a long-term bullish stance, while being cautious of its short-term overbought conditions.

On the stock market, Soloway remains bearish, citing stretched valuations and the risk of a downturn, with the possibility of a 7-10% correction. He concludes with insights on precious metals, suggesting gold and silver could see long-term gains, but cautioning about short-term volatility as investors continue to weigh economic uncertainties.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Bitcoin

5:26 Gold

 8:52 Silver

10:20 Stock market

16:27 Inflation

20:09 Verified Investing

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

Coffee with MarkZ second attempt. 12/10/2024 (Had technical difficulties)

Coffee with MarkZ second attempt. 12/10/2024 (Had technical difficulties)

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 morning Mark, Mods and Members…….. Thanks for the restart!

Member: Happy Victory Day to all those in Iraq

Member: GM Mark, it's 6 pm in Iraq now....I thought maybe we'd hear the new rate today

MZ: Let’s get into it.  “Central Bank sales exceed $5 billion in a month”  This is where they are spending US dollars to buy dinar. This takes enormous amounts out of circulation.

MZ: “Iran abandons Iraqi factions : Does this mean the end of Iranian influence in Iraq?” Cease fire talks are gaining momentum.

MZ: “Iran warns of possibility of attacking Iraq with 11,000 Isis elements training in Syria” they are worried about it.

Member: Mark what is your gut feeling of the RV. With all the dates coming and going will we ever reach the point to exchange in our lifetime

MZ: Bonds very much appear to be off “stuck” ……From a number of paymasters-suddenly- in the wee hours there is a massive movement to move M-0 funds. This is money that has been outside of the system for a long time. I am hearing there was a mass movement in the middle of the night from a number of sources…to move these off balance sheet assets onto the books so they can cover and pay those bonds.

MZ: There are a number of bond contacts who are looking to receive all of their dollars over the next week. We suddenly got off “stuck” .

MZ: This means we could soon get our announcement….it could be today. Things just got very exciting on that front.

MZ: They are taking massive amounts that were “off sheet” assets now going into the M1/M2 or spendable dollars to cover these assets. This is huge and I have never been this excited.

Member: HUGE NEWS MARK!

MZ: I will be trying to chase down anyone today who may have funds….

Member: There's been massive layoffs in BOA and WELLS FARGO. I wonder-  Is this in correlation with the RV and the new system?

MZ: I am keeping this one short as afraid of more technical difficulties…..hopefully I will have more time this evening.

Member: Thanks so much Mark- really appreciate you sharing this good news.

​​Member: I am so ready to have a big fat juicy ribeye to celebrate this being finished. Who's with me;

Member: We were CHOSEN to be here at this time...Have faith...Our day is coming...We will create our new beautiful earth together..

Mod: BYE ALL! GOOD THINGS ARE ON THE WAY!

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.

 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!

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:   https://www.youtube.com/watch?v=Iqg8rwKU3sU

Seeds of Wisdom RV and Economic Updates Tuesday Morning 12-10-24

Good Morning Dinar Recaps,

ARGENTINA ALLOWS U.S. CRYPTO ETFS TO ENTER THE LOCAL MARKET

Argentina’s financial regulator allowed foreign crypto-related products from the United States to enter the local market, which will unlock the inflow from overseas.

The board directors of Argentina‘s securities regulator, Comisión Nacional de Valores (CNV), announced that the U.S. exchange-traded fund (ETF), including crypto-related ETFs, are now available in the country.

Under CEDEAR’s program, which is regulated by RG No. 1030, Bitcoin spot ETF and Ethereum spot ETF will be released and ready to trade. This product was prohibited under Law No. 27440 for 6 years.

“it is a pleasure to announce these first approvals, which constitute new investment options provided for in this very innovative law,”  CNV’s president Roberto E. Silva, on official statement.

Although details on which Bitcoin ETF issuer would be allowed to enter the country are not provided, the commission is opening the door for digital asset investment through the capital market.

In the same document, CNV also announced that gold ETFs are allowed to enter the capital market with the GLD ticker, as well as the S&P 500 index. Chinese stock market indexes with FXI ticker were also introduced.

The regulators hope that these innovations of law could boost passive management indices, commodities, and digital assets, which are listed abroad and not publicly offered around the territory.

Argentina’s public Bitcoin mining

Argentina, one of the countries in Latin America that allow Bitcoin for transactions, publicly showcases Bitcoin mining, which is powered by the Central Bank of Argentina (BCRA).

This Bitcoin mining installation symbolises support from the government and embraces the future of digital money through cryptocurrency. This was the first central bank to showcase Bitcoin mining.

An aggressive move is part of Argentina’s President Javier Milei’s vision to fight against hyperinflation, which skyrocketed to almost 300% in April 2024, and to drive the digital economy in the country. Since then, according to Trading Economics, the inflation rate has gradually decreased to under 200% in less than a year.

@ Newshounds News™

Source:  Crypto News

~~~~~~~~~

UAE’S CENTRAL BANK APPROVES FIRST AED-BACKED STABLECOIN

The first AED-backed stablecoin has received approval from the UAE’s central bank. This marks a key change in the country’s digital currency system. The UAE central bank’s move strengthens cryptocurrency regulations and sets new rules for digital currency and stablecoin approval.

This step makes crypto transactions safer and more stable.  This stablecoin approval shows the UAE’s push toward digital currency growth.

How UAE’s First AED-Backed Stablecoin Addresses Cryptocurrency Challenges

AE Coin Launch and Implementation

AE Coin got the first license to create a UAE Dirham-linked stablecoin under new payment rules. One AE Coin equals one dirham, making it a stable payment option. Ramez Rafeek, General Manager of AED’s stablecoin, says:

“AE Coin harnesses the speed and efficiency of blockchain technology, offering instant, secure, and cost-effective transactions. It simplifies transfers, making them faster and more seamless. In a rapidly evolving digital world, AE Coin sets a new standard for trust, security, and innovation in digital currency.”

Market Growth and Transaction Patterns

UAE’s stablecoin market grew to US$9.8 billion in early 2024, up 55% from 2023. Stablecoins lead with 51% of crypto activity, more than Bitcoin and Ether combined. This growth shows trust in cryptocurrency regulations and digital money systems.

Retail and Institutional Adoption

Small transfers make up 93% of all transactions, but big institutions move most of the money. Business and institutional trades account for 74% of all value moved. The AED-backed stablecoin will likely boost these numbers by offering a safe, regulated platform.

Future Developments and Market Impact

More stablecoins are coming to UAE. Tether plans to launch its AED-backed coin in early 2025 with Green Arcon Investments Ltd and Phoenix Group PLC. This makes UAE a stronger digital currency center. The UAE central bank’s rules ensure these new tools are safe and stable.

Integration with Financial Services

The new stablecoin will change online shopping, money transfers, and decentralized finance. It gives companies and people modern banking tools while keeping traditional currency stability through cryptocurrency regulations.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

DO YOU NEED A TRUST TO EXCHANGE CURRENCY  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

What Is A SIM Swap Attack & How You Can Protect Yourself

What Is A SIM Swap Attack & How You Can Protect Yourself

California man says he lost $38,000 — money meant for his mom — to a SIM swap scam. Here's how you can protect yourself

Danielle Antosz Mon, December 9, 2024 Moneywise

Justin Chan of Carlsbad, California, says a hacker drained $38,000 from his bank account after his phone number was compromised in a SIM swapping scam — and he’s not sure he’ll get the money back.

“This could happen to anybody,” he told ABC 10 News in a story broadcast Nov. 25.

One night in September, Chan says he started receiving odd notifications on his phone and realized it was no longer connected to his cellular network. There were no bars and he was unable to send or receive calls. He now believes he was a victim of SIM swapping, a scam in which criminals take over your phone number.

Access to his cell service wasn’t the only thing Chan says he lost. A letter shared with ABC 10 News shows three wire transfers totaling $38,000 from a Bank of America account.

“I’ve never wired money out of Bank of America,” he said. “It’s just been money that’s been sitting there waiting for my mom to use as rent, as funds, as food, as utility payments.”

The bank initially denied his fraud claim, Chan says, and he’s worried he may never be able to recover the funds.

What Is A SIM Swap Attack?

A SIM swap is a type of fraud where scammers trick a mobile carrier into transferring a victim’s phone number to a device they control. This can be done by calling the company and impersonating the victim, which Chan claims happened to him.

“I told them that, ‘This is not me. Why did you switch the phone line over?’ And they basically said, ‘We have verification.’ And I asked them, ‘What kind of verification did you have?’ And they said, ‘We had the last four digits of your credit card.’ And I thought, ‘That was not me, and why would you do that?’” Chan said.

Once fraudsters gain control of a person’s phone number, they can intercept calls and texts, including two-factor authentication codes, which can give them access to a victim’s financial accounts. This scam often coincides with gathering a victim's personal details, which are used to help gain access to accounts.

TO READ MORE: https://www.yahoo.com/finance/news/california-man-says-lost-38-184500361.html

“Tidbits From TNT” Tuesday Morning 12-10-2024

TNT:

Tishwash:  UN Mission: Iraq has proven to the world that it is capable of overcoming challenges and building the future

The United Nations Assistance Mission for Iraq (UNAMI) confirmed today, Monday, that Iraq has proven to the world that it is capable of overcoming challenges and creating the future.

The mission stated in a statement issued on the occasion of Victory Day in Iraq, and received by the Iraqi News Agency (INA): "On December 10, Iraq celebrates Victory Day, in commemoration of the liberation of its lands from the control of the terrorist organization ISIS. This day represents an important national milestone in which the country recalls the great sacrifices made by the Iraqis to restore their land and establish security and stability throughout the homeland."

It added, "Victory Day, in addition to being an occasion for heartfelt congratulations, comes to emphasize the need to preserve the gains achieved thanks to the efforts of everyone here in Iraq in addition to their partners from around the world. It also represents a call for everyone to strengthen national unity and joint action for a strong Iraq capable of facing challenges and free from the tensions and conflicts that plague the region."

She continued, "On this occasion, we also appreciate the achievements made since the field victory over terrorism, and we call for continued work to rid Iraq not only of the remnants of ISIS, but also of all forms of extremism and fanaticism. We look forward to an Iraq in which everyone enjoys security, peace, respect for human rights and the rule of law, and to turning the pages of the painful past forever by promoting national reconciliation in a way that ensures the preservation of gains, focusing on what unites the word and unifies the ranks, and avoiding areas of division and division, including controversial topics that do not contribute to strengthening the unity of the fabric of society and the cohesion of its components."

She indicated that "our great hope is that the joy of victory will be complete with the return of all those forcibly displaced due to this conflict to their homes with dignity and safety and when all Iraqi citizens are returned from Al-Hol camp in northeastern Syria and integrated into society."

"In this context, we appreciate the great efforts made by the Iraqi government, with the support of the UNAMI mission and the team of United Nations organizations working in Iraq, in these files in particular," she added, noting that "the United Nations renews on this occasion its full support for Iraq, government and people, in restoring sovereignty and full control over its territories and achieving stability and sustainable development."

The mission concluded its statement by saying, "Iraq has proven to the world that it is capable, with the solidarity of its people, of overcoming challenges and creating a brighter and more prosperous future for all its citizens."   link

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

Tishwash:  Iraq signs MoUs with 15 Greek companies to invest in various sectors

The Ministry of Trade explained, on Monday, the importance of resuming the meetings of the Iraqi-Greek Joint Committee, while the Federation of Iraqi Chambers of Commerce indicated the signing of memoranda of understanding with 15 Greek companies to invest in various sectors.

The administrative undersecretary of the ministry, Sattar Al-Jaberi, said in a speech during the Iraqi-Greek Business Forum, which was attended by the correspondent of the Iraqi News Agency (INA): "The participation of the Greek delegation, which includes representatives from the government sector and an elite of businessmen and investors in this important forum, constitutes a valuable opportunity to enhance economic and trade relations between the two countries and consolidate the bonds of joint dealing."

He added that "this important forum, held under the auspices of the Iraqi Ministry of Trade and with direct support from the Minister of Trade, aims to support and develop trade and economic relations with friendly countries, including the Republic of Greece," praising "the pioneering role played by the Federation of Iraqi Chambers of Commerce, headed by Abdul Razzaq Al-Zuhairi, in building international cooperation and creating a supportive environment for businessmen."

He pointed out "the efforts made by the Ministry of Trade, represented by its various institutions and the Director General of Economic Relations, to activate the joint economic and trade committees with brotherly and friendly countries."

He stressed "the importance of resuming the meetings of the Iraqi-Greek Joint Committee, which have not been held since 2000, as a necessary step to develop cooperation in various economic and trade fields in a way that achieves the common interests of the two countries."
 
He called on "the Greek delegation to participate actively in the next course of Baghdad International Fair, which is a unique platform for showcasing investment and trade opportunities and enhancing communication between Iraqi and Greek businessmen."

For his part, the head of the Federation of Iraqi Chambers of Commerce, Abdul Razzaq Al-Zuhairi, confirmed during the conference: "We signed many memoranda of understanding with countries around the world, including 15 major Greek companies to work in various sectors including (construction, building, health and agriculture), indicating that "this forum is positive and reflects a good image of Iraq to the world that it is healthy and does not resemble yesterday."

He continued, "The purpose of the conferences or meetings is to create continuous work with our Greek partners to invest and work inside Iraq," expressing his "thanks to the government with its legislative and executive authorities for supporting the Federation of Chambers of Commerce, which represents the largest segment."   link

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

Tishwash:  Will the local market be affected by the events in Syria? A detailed Iraqi view of the scene

The economic expert, Abdul Rahman Al Mashhadani, presented a detailed vision of the possibility of the local market being affected by the events in Syria after the fall of Syrian President Bashar Al Assad.

Al-Mashhadani ruled out via {Al-Furat News}: "The Iraqi market was greatly affected by the events in Syria because trade with Syria was greatly reduced after the sanctions imposed by America on banks," noting that "there are alternatives to Syrian products, as imports from them were mainly fruits and vegetables."

He expected that "there will be a positive impact on the dollar and that the value of the Iraqi dinar will improve in the coming period, and if the American sanctions on Syria are eased, it will have a positive impact, considering that it was one of the links in the sanctions."

Al-Mashhadani explained that "the American position towards the events in Syria is positive and there is clear support, as evidenced by the fact that the American side is thinking of removing the names of terrorist organizations from the so-called front that entered Damascus, which will lead to flexibility in commercial dealings."

He stressed that "the situation in general needs time for things to stabilize and for the borders to reopen."

The dollar exchange rate against the dinar decreased on Monday afternoon in Baghdad markets, coinciding with the closing of the stock exchange.

The dollar exchange rate reached 150,700 dinars for $100 at the close of the Al-Kifah and Al-Harithiya stock exchanges, while this morning it recorded 151,000 dinars for $100.
The selling price in exchange shops in the local markets in Baghdad was 151,750 dinars for $100, while the purchase price was 149,750 dinars for $100.  link

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

Mot: Gots to Love ole ""Earl""   to much fudge

Mot: Sad Christmas Tree 

MilitiaMan & Crew-Iraq Dinar News-Partnerships with Private Sector--World Bank-IMF-Article 12 C-3000 Contracts

MilitiaMan & Crew-Iraq Dinar News-Partnerships with Private Sector--World Bank-IMF-Article 12 C-3000 Contracts

12-9-2024

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=ux_g9tT1xBM

Iraq Economic News and Points to Ponder Monday Afternoon 12-9-24

Stability of The Dollar Exchange Rate In Local Markets

Monday 09 December 2024 14:05 | Economic Number of readings: 110

Baghdad / NINA / The dollar exchange rates witnessed stability this Monday morning in the local markets in the capital, Baghdad, Basra and Erbil. The exchange rates today were as follows:

$100 = 151,500 dinars in Baghdad    $100 = 151,500 dinars in Erbil    $100 = 151,000 dinars in Basra.

https://ninanews.com/Website/News/Details?key=1173683 

The United Nations Renews Its Full Support For Iraq In Restoring Its Sovereignty And Full Control Over Its Territory

Monday 09 December 2024 20:53 | Politics Number of readings: 108 Baghdad/ NINA /The United Nations mission renewed its full support for the Iraqi government and people in regaining sovereignty and full control over its territories and achieving stability and sustainable development.

The mission stated in a statement issued on the occasion of Victory Day that "On December 10, Iraq celebrates Victory Day, in commemoration of the liberation of its lands from the control of the terrorist organization ISIS.

The statement indicated that "this day represents an important national milestone in which the country recalls the great sacrifices made by the Iraqis to restore their land and establish security and stability throughout the homeland.

" It added, "Victory Day, in addition to being an occasion for heartfelt congratulations, comes to emphasize the need to preserve the gains achieved thanks to the efforts of everyone here in Iraq in addition to their partners from around the world. It also represents a call for everyone to strengthen national unity and joint action for a strong Iraq capable of facing challenges and free from the tensions and conflicts that are plaguing the region."

It continued, "On this occasion, we also appreciate the achievements made since the field victory over terrorism, and call for continued work to rid Iraq not only of the remnants of ISIS, but also of all forms of extremism and fanaticism. We look forward to an Iraq in which everyone enjoys security, peace, respect for human rights and the rule of law, and to turning the pages of the painful past forever by promoting reconciliation."

" Nationalism, ensuring the preservation of gains, focusing on what unites the word and unifies the ranks, and staying away from areas of division and division, including controversial topics that do not contribute to strengthening the unity of the fabric of society and the cohesion of its components."

She said, "Our hope is great that the joy of victory will be complete with the return of all those forcibly displaced due to this conflict to their homes with dignity and safety, and when all Iraqi citizens are returned from Al-Hol camp in northeastern Syria and integrated into society.

She appreciated the great efforts made by the Iraqi government, with the support of the UNAMI mission and the team of United Nations organizations working in Iraq, in these files in particular. "Iraq has proven to the world that it is capable, with the solidarity of its people, of overcoming challenges and creating a brighter and more prosperous future for all its citizens." / End

https://ninanews.com/Website/News/Details?key=1173769

Nechirvan Barzani Meets World Leaders In Paris, Most Notably Trump And Macron

The President of the Kurdistan Region, Nechirvan Barzani, met with world leaders on the sidelines of the reopening ceremony of Notre Dame Cathedral in the French capital, Paris.

According to photos published by the presidency of the region, the most prominent leaders that President Nechirvan Barzani met with were: French President Emmanuel Macron, US President-elect Donald Trump, and American billionaire and businessman Elon Musk.

In response to an official invitation from French President Emmanuel Macron, Nechirvan Barzani, President of the Kurdistan Region, participated yesterday evening, Saturday, along with a number of world leaders and presidents, in the reopening ceremony of the historic Notre Dame Cathedral in Paris. https://www.radionawa.com/all-detail.aspx?jimare=40518

Basra Oil Records A Significant Increase

Energy  Economy News - Follow-up The prices of Basra Heavy and Medium crude oil have recorded a significant increase, coinciding with the increase in global oil prices.

Basra Heavy crude prices rose by 14 cents to $67.37 a barrel, while Basra Medium crude prices rose by the same amount to $70.54 a barrel.115 views  Added 12/09/2024 - 9:54 AM   https://economy-news.net/content.php?id=50678

Minister Of Communications: We Launched Free Internet Service For Schools

Iraqi school Money and business Economy News – Baghdad Minister of Communications Hiyam Al-Yasiri announced on Monday the launch of a free internet service for schools.

Al-Yasiri said in a statement, which was reviewed by "Al-Eqtisad News", that "the Ministry of Communications, represented by the General Company for Communications and Information Technology, has obligated Earthlink, as the largest internet service provider in Iraq, to ​​provide schools with free internet via FTTH optical cable."

She added, "This came in implementation of the National Service Government and the Ministry of Communications program to provide subsidized internet to schools, and to achieve the government's priorities in digital transformation and keeping pace with technological development and the artificial intelligence revolution." Views 46  12/09/2024  https://economy-news.net/content.php?id=50706

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

Seeds of Wisdom RV and Economic Updates Monday Evening 12-09-24

Good Evening Dinar Recaps,

CRYPTO INDUSTRY FRUSTRATED OVER POSSIBILITY OF SEC COMMISSIONER CAROLINE CRENSHAW’S RENOMINATION

Coinbase COO Emilie Choi called Caroline Crenshaw, one of two SEC commissioners to oppose Bitcoin ETFs, 'anti-crypto.'

On Dec 11, the U.S. Senate Banking Committee will decide whether to renominate Caroline Crenshaw, a Democrat Securities and Exchange Commission (SEC) commissioner. Crenshaw has always been a staunch critic of cryptocurrencies and the crypto community is not happy with the prospect of her re-election.

Crenshaw is ‘anti-crypto,’ says Coinbase COO

Crenshaw, who was sworn into her role in August 2020, was one of two SEC commissioners who opposed the approval of spot Bitcoin exchange-traded funds (ETFs) in January. In her letter dissenting from the SEC’s decision, which Crenshaw called “unsound and ahistorical,” she wrote:

“I fear that today we are setting ourselves up for tomorrow’s failure, and it will be the investors that we have a duty to protect who will ultimately pay the price.”

SEC commissioner, Jaime Lizárraga, the only other SEC commissioner who voted against Bitcoin ETFs, did not add his name to her letter.

According to James Seyffart, a Bloomberg ETF analyst, Crenshaw was even “more vehemently anti-crypto” than SEC chair Gary Gensler, who has been called “evil” himself. In fact, she served as more than “just an ally to Gensler,” Seyffart wrote in an X post earlier this week.

In a Dec. 7 X post, Coinbase president and COO Emilie Choi wrote:

“Caroline Crenshaw is anti-crypto. She even embarrassingly opposed Bitcoin ETFs. The SEC has to change.”

Given Crenshaw’s widely-known opinions against crypto, the community is frustrated with the upcoming vote on Wednesday.

Alexander Grieve, vice president of government affairs at crypto investment firm Paradigm, called it “one last “gift” for crypto” that Democrat Senate Banking Chair Sherrod Brown is “trying to ram through” before he gives up his chair.

If the Senate vote passes, Crenshaw will hold on to her position in the SEC till 2029. However, if she’s not confirmed by the Senate, president-elect Donald Trump will be free to nominate someone as replacement.

Austin Campbell, CEO of digital payments firm WSPN, wrote in an X post:

“I will remind all Democrats that Caroline Crenshaw voted that the SEC should disobey a Federal judge, break the law, and instead reject BTC ETFs after being ordered to approve them by a court.”

Trump’s SEC chair pick has received the crypto community’s approval

Earlier this week, Trump appointed Paul Atkins, a former SEC commissioner known for being pro-crypto, to be the next SEC chief. The crypto industry welcomed the news with open arms.

Atkins, who served as a Republican SEC commissioner from 2002 to 2008, is expected to take a much more lenient approach to regulating crypto than Gensler. Atkins is known for his advocacy of free-market principles and investor protection and his focus on clarifying complex financial markets.

Atkins’ nomination. is “sorely needed and cannot come a day too soon,” Coinbase chief legal officer Paul Grewal said in an X post.

@ Newshounds News™

Source:  Crypto Slate

~~~~~~~~~

BRICS NEWS: BRICS & US MAY BE SET TO RACE FOR BITCOIN SUPREMACY IN 2025

With the asset class gaining significant attention over the course of the year, both BRICS and the US could be set to race for Bitcoin supremacy in 2025. Indeed, the economic alliance has discussed its interest in integrating the leading asset. Moreover, with the return of Donald Trump to the White House, the United States is looking to emerge as a global leader.

In a recent interview, Eric Trump reiterated these hopes. He explained the path that the US has toward becoming a cryptocurrency superpower. 

Yet, the incoming presidential administration is certainly not alone in those aspirations. His position regarding BTC has mirrored those that Russian President Vladimir Putin has shared in recent weeks.

BRICS & US Face Off in Bitcoin Race: Who Will Become Global Leader?

Bitcoin is certainly having its moment this year. The token is leading an emerging asset class, as it reached a six-figure price for the first time in history last month. Moreover, it became the first crypto-based ETF in the United States, opening the door to increased institutional investment and interest.

Amid its rise, all eyes are on exposure. Businesses are looking into the acquisition of crypto, but so too are countries. With no established global leader, both BRICS and the US could be set to engage in a race for Bitcoin supremacy in 2025.

Speaking to CNBC, Eric Trump noted that “sensible” regulation may be the only thing standing between the United States and a position as a cryptocurrency superpower. Moreover, he noted President-elect Donald Trump has all intentions to “make America the crypto capital of the world.”

Well, they are certainly not the only thing. With Russia loosening its ban on cryptocurrency earlier this year, BRICS may be looking to increase adoption. Specifically, they have sought to use the asset class in trade and have noted belief in its potential.

As the country has just voted to classify crypto as property, Putin has discussed the leading asset. When talking about foreign exchange reserves, the president questioned their necessity if they could be confiscated for political purposes. Specifically, Putin seemed to be alluding to Western sanctions that froze $300 billion in Russian reserves.

But that isn’t the same with Bitcoin. “Who can prohibit it? No one,” he said about the token. That seems to indicate that both BRICS and the US are set to explore the asset class in greater measures this year. That could have them on a collision course for status, with Bitcoin only gaining in the process.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

IS YOUR CRYPTO WALLET AS SAFE AS YOU THINK?  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

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