Markets are at Peak Financial Risk-Financial Reset Coming?

Markets are at Peak Financial Risk-Financial Reset Coming?

Wealthion:  1-16-2025

Is the financial system teetering on the edge?

Chris Vermeulen, Founder and CIO of The Technical Traders, believes we might be. In a recent, eye-opening interview with James Connor on Wealthion, Vermeulen makes a compelling case that we are at or near “peak financial risk,” highlighting a confluence of factors that could lead to significant market turmoil.

 Vermeulen’s analysis, packed with charts and data, paints a picture of a system stretched to its limits, facing challenges across various asset classes.

Vermeulen argues that the market is currently in a “topping phase,” a period characterized by excessive optimism and potentially unsustainable price levels. He suggests that years of easy monetary policy and low interest rates have fueled asset bubbles, particularly in sectors like tech stocks. This exuberance, he contends, is a classic sign that a correction may be on the horizon.

One of the most alarming points Vermeulen raises is the potential for a real estate collapse to trigger a wider financial meltdown. He points to imbalances in the market, such as oversupply in certain areas and the impact of rapidly rising interest rates.

These steep rate increases make mortgages more expensive, potentially leading to defaults and a price correction that could ripple through the entire financial system. This echoes the circumstances that led to the 2008 financial crisis, raising concerns about history repeating itself.

Vermeulen isn’t shy about suggesting that a financial reset, in some form, may be unavoidable.

He emphasizes the interconnectedness of the global financial system and how the current imbalances could unwind in a disorderly fashion. This isn’t necessarily a prediction of doom and gloom, but rather a sober assessment of the challenges the system is facing.

Chris Vermeulen’s analysis provides a stark warning about the potential for significant market volatility and the risks facing various asset classes. His view that we are at or near “peak financial risk” is supported by his analysis of rising interest rates, real estate imbalances, and overbought markets.

While a financial reset may be daunting, Vermeulen’s insights and risk management strategies offer a roadmap for investors to navigate the potentially turbulent times ahead. He encourages investors to be proactive, informed, and disciplined in protecting their capital.

https://youtu.be/WNB9JUd5uo0

“Coffee With MarkZ” Thursday Morning Chat 1-16-2025

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: Good morning Mark, Mods and everyone

Member: What is new on the RV front Mark?

Member: Do you feel like everything is done in Iraq and we are simply on the ferris wheel?

MZ: I believe we have crossed the finish line and are just waiting for the announcement in the winners circle!

Member: Mark this weekend is a great weekend for an RV!

Member: I am asking on behalf of thousands….any word from your well connected source who is “beyond connected” and is the 21st and 22nd date still in play?

MZ: Many sources are still looking at the 21st and 22nd. I am cautiously excited and extremely optimistic..

MZ: I have had a couple of check-ins including one from a bond contact in Asia who is being told they should expect it the 21st and 22nd…and  immediately following the inauguration and swearing in they will get extremely busy. These folks have a high level of connections. This is a worldwide event and not just about America.

Member: Yes The US has so many contracts and dealings with all countries in the world. Of course their policies will affect everyone.

MZ: They have everything in place. When bond folks start paying out- we will start making appointments.

Member: If the RV is a private event…..why do we have to wait for after the inauguration and why would any administration take credit for it?

MZ: They won’t be able to keep this big a change totally private …

Member: if we get a new gold backed currency , new financial system and many new millionaires…I believe the public will notice something…lol

Member:  I've been told by sooo many people that this whole rv thing is a scam .

MZ: I believe Warren Buffet and Trump himself who both have invested in the dinar and are pretty smart….I would listen to them before most sources out there.

Member: Just imagine when 10 years ago I was thinking it was going any week. It’s been a tough 10 years! But I have learned a lot.

Member: Mark- Do you know currencies will be in the second basket?

MZ: I have been told there isn’t really a second basket and others will go individually after the first release- when they are ready. I am looking at S. Africa currencies, Mongolia and Afghanistan for long term plays. This is not financial advice. Just what I am looking at. They have resources and strategic locations.

Member: First basket predictions:  1. US 2. UK 3. Kuwait 4. Canada 5. Mexico 6. Russia 7. China 8. Venezuela 9. Iranian Rial 10. IRAQ 11. Indonesia Rupiah 12. Malaysia 13. Vietnamese 14. Brazil 15. Saudi Arabia 16. Qatar 17. United Arab Emirates 18. Turkey 19. Afghanistan possibly20. India 21. Libya 22. Japan23. Zimbabwe

Member: Mark - Majeed posted an article from the CBI saying they are going on the Forex

Member: Hi, all! Last night I saw an "X" post that said the IQD was on Forex yesterday at $4

Member: The IQD needs to be at $4/1 to be the Top Dawg in the Middle East

Member: it supposedly was on Forex at $4.19. However, when I went back to look at it again, I couldn't find it. Did anyone else see it?

MZ: Most of the rates we are seeing on the IQD now is close to $4 bucks. I still believe the dong will be in the low $2 range and the Indonisian rupiah is still reportedly at $1.47 or so. We won’t know for certain until we are at the banks.

Member: Does the Iraq government like Trump?

MZ: Many do…the ones smuggling oil do not….Sudani is looking forward to peace in the region and working with him.

MZ: “Parliamentary Finance responds to state department statements on the budget. Blatant and unacceptable interference “ Matthew Miller from the US state department seems t be trying to push them into passing the budget….Iraq says to stop interfering…they are working hard . Iraq keeps reminding them that they are “sovereign”

MZ: “To protect his savings-dollar fluctuations force Iraqi citizens to acquire gold” the government is encouraging them to buy gold.

MZ: “The regions oil revenues- a prerequisite for guaranteeing salaries and resolving disputes” More on the dispute between Kurdistan and Baghdad.

MZ: “The top Ten most powerful currencies in the world. Arab countries top the list”  Kuwait dinar, the Bahrainian dinar, Omani rial, the Jordanian dinar….top the list. Those currencies will be in the basket with the Iraqi dinar…….The US dollar is in the number 10 slot.

Thanks Mark and mods…..the finish line is in sight…..stay positive

Member: Everyone have a fantastic day

StacieZ joins the stream today . Please listen to the replay for her information and opinions.

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=sTsoREHPm8w

Iraq Economic News and Points to Ponder Thursday AM 1-16-25

Central Bank: Closing The Electronic Platform Enhances Financial Stability
 
Economical 01/16/2025  Baghdad: Muqtada Anwar   Two weeks after the implementation of the Central Bank of Iraq's decision to close the electronic platform for foreign remittances, opinions differed in economic circles regarding the impact of this measure on the financial situation in Iraq, especially in light of the current economic and political conditions.
 
Despite the initial criticism raised by the decision, many experts and observers believe that it is a “necessary step” to confront the economic challenges that Iraq is currently experiencing, especially with regard to reducing pressure on the central bank’s reserves and enhancing exchange rate stability in the local market.

The Central Bank of Iraq confirmed that closing the platform will not affect the movement of remittances at all, as transfers through this platform until 12/23/2024 represent less than 7 percent of total sales, according to a source at the bank. The source explained to Al-Sabah,
 
“The aim of this step is to
 
     control financial operations,
     work within the international scope in the process of foreign transfers, and
     adopt the correspondent banking method,
 
which contributes to enhancing the stability of the financial sector under the current circumstances.”
 
The Central Bank also indicated that strengthening the balances of Iraqi banks that have correspondent banks abroad will continue as is, explaining that
 
this does not mean stopping “currency selling” operations,
but rather a change in their mechanisms within a method followed throughout the world. He added that
 
the mechanism for enhancing bank balances has changed, as
 
it is now done through the accounts of Iraqi banks with correspondent banks directly, instead of the accounts that were done through the Central Bank, and that
 
this new mechanism is dedicated to meeting the needs of import and foreign trade of goods, goods and services, in a way that contributes to supporting Financial and economic stability of Iraq.
 
For his part, the economic advisor to the Prime Minister, Mazhar Muhammad Saleh, explained that the
 
Central Bank had previously financed foreign trade through the currency sale window to perform two basic functions, the
 
     first was to intervene in the money market to absorb liquidity and maintain exchange rate stability, and the
     second was to finance foreign trade for the private sector,

However, the central bank faced significant challenges due to the requirements of the Federal Reserve and the US Treasury to ensure that the dollar was not used in ways inconsistent with the foreign policy and national security of the United States. Saleh added to "Al-Sabah",
 
"The new system of transfers is based on a direct relationship between Iraqi local banks and foreign correspondent banks, with a focus on compliance issues and combating money laundering." He pointed out that
 
the Central Bank strengthened Iraqi banks' dollar accounts in foreign correspondent banks, which reduced the direct intervention of the Central Bank and provided a greater role for foreign banks in auditing commercial operations. Saleh stressed that
 
the Central Bank has taken steps to diversify its foreign currency portfolio, including the use of the euro, the UAE dirham, and the Chinese yuan, to facilitate transactions with major trading partners, pointing out that
 
the new mechanisms aim to facilitate foreign trade and enhance control over money transfer operations, while ensuring access to... Goods and services to the country correctly and without irregularities. The financial advisor to the Prime Minister also noted that
 
 “these new measures do not affect the smooth flow of supplying the Iraqi economy’s need for dollars, but
 
they are considered a major development aimed at enhancing transparency and compliance with international and local laws.”
 
On the other hand, financial and banking researcher Mustafa Hantoush believes that the Central Bank of Iraq is trying to avoid the damage resulting from the export of the dollar by adopting monetary and currency management policies that ensure reducing its responsibility without affecting its financial strength. Hantoush expressed to “Al-Sabah” his belief that
 
the Central Bank seeks to avoid this responsibility by delegating foreign banks, which hold accounts in correspondent banks on the recommendation of their branches or foreign owners. He also pointed out that
 
if the central bank wants to reduce the gap in the dollar, it must open the door to competition between banks and rely on a basket of currencies to expand the options available in the market,
 
calling for amending the criteria for evaluating local banks and raising their financial capabilities, in a way that contributes to achieving stability and increasing competitiveness. Hence the stability of the dollar price.

He also suggested the possibility of transferring the dollar to trading platforms in the stock market, to be sold to beneficiaries through direct deals instead of sending the dollar exclusively to banks,
 
stressing the necessity of regulating these operations by switching to the “Forex” market, and implementing mechanisms that ensure that funds are not transferred until after the goods arrive. Guaranteed by banks. He explained that
 
these measures would
 
     raise tax revenues and
     reduce illegal trade, which would contribute to
     strengthening the national economy.
 
For his part, economic expert Nabil Jabbar Al-Tamimi said:
 
“The transfer platform at the Central Bank of Iraq was a mechanism for making financial transfers for merchants and importers through local banks, as the platform supervised these operations.” He added to Al-Sabah, saying:
 
 “The Central Bank has created the necessary conditions for making transfers by establishing direct relationships between local banks and international banks through large correspondent banks, which means that transfers can be made in accordance with international standards without the need for the electronic platform.” Al-Tamimi stated that the
 
Central Bank has compensated the electronic platform with regular and natural transfer mechanisms, through reputable local banks, which provides merchants with direct ways to transfer money, stressing that
 
these mechanisms contribute to
 
     them obtaining the dollar at the official price, which helps in gradually
 
     reducing inflation as a result of the stability of the dollar price. Official. He also stressed that"with this measure, the  need to deal in unofficial dollars on the black market is reduced, which
 
     enhances the stability of the financial market in Iraq."    https://alsabaah.iq/108660-.html    

Artificial Intelligence And Jobs Of The Future
 
Economical 01/16/2025  Yasser Al-Metwally    Studies show that 41 percent of companies around the world plan to reduce the number of their employees by 2030 due to artificial intelligence services.
 
This shocking percentage heralds the exacerbation of mass unemployment and its impact on global stability, as
 
unemployment is considered one of the most complex challenges facing governments and causes great troubles for countries.
 
Here we stop at several questions that we put before the Iraqi planner so that they are accessible to the decision maker.
 
If this remarkable prediction is correct, there will be questions that require answering.
 
How do you address unemployment in Iraq, even though it is already widespread and the solutions are still simple for more than 20 years?
 
Are our universities qualified to address such an upcoming challenge in light of the expansion of the number of universities and their outputs?
 
What is the ability of individuals (employees or workers), I mean in the government sector and the private sector, to adapt to the monsters of the coming change?
 
How much time do we need to qualify and prepare a generation armed with information knowledge and capable of dealing with artificial intelligence?
 
This comes in light of the horizontal expansion in public and private universities with specializations that have become traditional and supplying the labor market with specializations that are redundant to the need, which contributes to deepening the extent of unemployment.
 
A sincere call to reconsider investment in education to create a young generation with new skills to occupy the jobs of the future to catch up with the global movement.
 
In parallel with the tireless efforts and continued government interest, and with the follow-up of the Prime Minister and his team, in adopting the digital transformation project and achieving somewhat acceptable results.
 
We hope that this new year will witness the achievement of tangible results.
 
We see the need for a vision from the Council of Ministers in partnership with the private sector (companies, banks, public and private education) for what the country needs in the year 2030 in terms of jobs and investments, and to give instructions to the education sector to be structured from now on to comply with the requirements of Vision 2030.
 
Preparing cadres and qualifying the capabilities of dependable youth to build the country according to the requirements of future jobs so that we do not lag behind the world in responding to rapid changes, while showing that the next five years are short to continue the response.
 
What is required is a medium-term plan, in addition to thinking carefully about a strategic plan that responds to subsequent developments.    https://alsabaah.iq/108661-.html 

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

Seeds of Wisdom RV and Economic Updates Thursday Morning 1-16-25

Good Morning Dinar Recaps,

XRP SEC NEWS TODAY: BILL MORGAN EXPOSES SEC’S MISSTEPS IN RIPPLE LAWSUIT

Bill Morgan, a pro-crypto attorney, has strongly criticised the new opening brief submitted in the XRP lawsuit by the United States Securities and Exchange Commission. He has even questioned the regulator’s understanding of how the crypto market works.

However, in the last 24 hours, XRP has outperformed almost all the top cryptos, marking an impressive growth of nearly 9.4%. Let’s dive in for more details.

SEC’s New Opening Brief and Bill Morgan’s Criticism

As per the SEC’s opening brief, Ripple violated securities law through its XRP sales. The SEC, through the brief, alleged that Ripple’s representations to investors created an expectation of profits.

Exposing the regulator’s lack of understanding of how the cryptocurrency market functions, Bill Morgan, in an X post, retorted that price rises are often driven by market trends, not issuer promotions.

XRP Whale Movements Amid Legal Developments

Reports say that at least 130 million XRP tokens have been moved by whales during recent legal developments.

Whale activities may influence market sentiment. In the last one hour, the market has dropped by 0.2%.

Today, the market has experienced a drop of 1.5%.

XRP’s Long-Term Potential and ETF Speculation

Despite volatility and legal uncertainties, market sentiments for XRP remain bullish. According to a JP Morgan analyst, there is a high chance for the launch of an XRP ETF soon.

In conclusion, Ripple’s XRP remains a focal point in the crypto market, driven by legal developments and whale activity. As the case progresses, XRP’s future remains bright with long-term growth potential and increasing interest in an XRP ETF.

@ Newshounds News™

Source:  CryptoPedia

~~~~~~~~~

VANECK FILES SEC APPLICATION FOR DIGITAL ASSET ECOSYSTEM ETF

VanEck filed an application with the SEC for an "Onchain Economy" ETF that would invest 80% of its assets in digital transformation companies, joining a wave of recent digital asset ETF proposals from major financial firms.

▪️VanEck filed for an “Onchain Economy” ETF with the SEC on January 15, 2025, planning to invest 80% in digital asset ecosystem companies
▪️The fund will focus on software developers, miners, exchanges, infrastructure providers, and payment firms without directly holding cryptocurrencies
▪️Several other major firms including Bitwise, WisdomTree, and Grayscale have recently filed similar ETF applications
▪️The proposed ETF will use fundamental research and market trends to select investments in “Digital Transformation Companies”
▪️The move comes amid speculation about more favorable crypto regulations under the Trump administration

Asset management giant VanEck has submitted an application to the Securities and Exchange Commission (SEC) for a new exchange-traded fund focused on the digital asset industry. The filing, made on January 15, 2025, proposes the creation of the “Onchain Economy” ETF.

Matthew Sigel, who heads VanEck’s digital assets research division, initially shared news of the filing through social media, though the post was later removed. The ETF represents VanEck’s latest attempt to establish a presence in the expanding digital asset investment landscape.

The proposed fund has outlined clear investment parameters, stating it will direct at least 80% of its assets toward companies operating within the digital asset ecosystem. These investments will target what VanEck terms “Digital Transformation Companies,” encompassing various sectors of the industry.

@ Newshounds News™

Read more:  Blockonomi  

~~~~~~~~~

MALAYSIA’S PM WANTS TO DEVELOP CRYPTO AND BLOCKCHAIN POLICIES AFTER MEETING WITH CZ AND UAE LEADERS

Prime Minister of Malaysia, Anwar Ibrahim, says he wants to explore policies for crypto and blockchain technology after his meeting with Binance co-founder CZ and the Abu Dhabi government.

According to a report by media outlet New Straits Times, Ibrahim returned to Malaysia after a three-day visit to Abu Dhabi with plans to start developing policies related to cryptocurrency and blockchain technology so that the nation does not get left behind.

Speaking to reporters, the Prime Minister said he had lengthy conversations with the Abu Dhabi government and the former Binance CEO Changpeng “CZ” Zhao about crypto and blockchain technology.

“We have talked about digital transformation, data centres and artificial intelligence. We now face demands which require us to think about making significant changes,” said Ibrahim.

He claimed that he has requested government agencies such as the Treasury, the Securities Commission, and the national bank, Bank Negara, to study how Malaysia can keep up with the rapid developments of the crypto industry.

Ibrahim assured that he will draft a paper on the need for crypto and blockchain technology policies to be presented for review and endorsement by the cabinet as soon as possible. He emphasized the importance of regulations for crypto in order to “safeguard the people’s interests and prevent leakages.”

“This innovation is just like AI, which would revamp the financial world. We should not sit idly by and wait and later be forced to do so after others have done it already,” he said.

@ Newshounds News™

Source:  Crypto News

~~~~~~~~~

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

News, Rumors and Opinions Thursday AM 1-16-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 16 Jan. 2025

Compiled Thurs. 16 Jan. 2025 12:01 am EST by Judy Byington

What We Think We Know as of Thurs. 16 Jan. 2025:

The privately owned by bankers Fed is dead, IRS gone. Trump to introduce the new External Revenue Service (ERS) on Mon. 20 Jan. 2025 and later an expected 14%-15% tax on buying new items only, with no tax on food, medicine, income or anything else – giving US taxes back to The People.

Global Currency Reset:

Wed. 15 Jan. 2025 Wolverine: Ok guys it’s definitely coming as things are in motion. Please make sure you have everything ready when we receive the green light.

Remember for the Tier 4B group things won’t start 2 or 3hrs after the inauguration on Mon. 20 Jan.

When you call the 800# it is for an appointment and you will be given a day when you have to go.

Bond Holders are getting ready as any time tomorrow Thurs. 16 Jan. and onwards funds will be release and that is the same with private contracts.

Anyone that is saying that they received payment that is a lie as the trigger funds need to be release first in order for people to receive payment.

Please always thank God for everything that is coming as your life will never be the same again. We are here for one purpose ie besides helping our family and love ones we are here to help humanity.

Also remember you will be under NDA for three months so please keep your mouth shut and get off social media. If you get caught all your money will be frozen.

Once this all happens all telegram channels will be muted and I will let you when I’ll have the Get Together event which will happen around October 2025 as it’s too late now for me to organize it and I much prefer it for you all to come here in Spring or Summer so you can all appreciate the beauty of Sydney Harbor.

God bless you all Wolverine

Tues. 14 Jan. 2025 In Iraq the new Dinar Rate became digital and fully live: https://x.com/majeed66224499/status/1879126834836918451?s=52&t=Ich7hg6RGbObSjhen7byaw

Tues. 14 Jan.: “All the information is saying “Next week.” …JFK Awakening Q17 on Telegram

Wed. 15 Jan. 2025 Nate: Expect the Iraqi Dinar Rate to change Jan. 20-22: https://x.com/realNateCarter/status/1879328680331313318?t=0OaJN2HGGpPKZd3lmWEbBQ&s=09

On Sat. 25 Jan. 2025, the first phase of the wealth redistribution will officially commence for the general public. …JFK Jr. on Telegram

~~~~~~~~~~~~~

Welcome to the External Revenue Service (ERS)

Wed. 15 Jan. 2025 President Trump: “For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS). Through soft and pathetically weak Trade agreements, the American Economy has delivered growth and prosperity to the World, while taxing ourselves. It is time for that to change. I am today announcing that I will create the EXTERNAL REVENUE SERVICE to collect our Tariffs, Duties, and all Revenue that come from Foreign sources. We will begin charging those that make money off of us with Trade, and they will start paying, FINALLY, their fair share. January 20, 2025, will be the birth date of the External Revenue Service. MAKE AMERICA GREAT AGAIN!

Read full post here: https://dinarchronicles.com/2025/01/16/restored-republic-via-a-gcr-update-as-of-january-16-2025/

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

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

Frank26  Security, Stability, those are the two words that is the formula in order for us to have a new  exchange rate.  The CBI floor must be so clean you could eat off of it.  The politicians must not have the ability to steal from  the auctions anymore...Do they have that ability?  No.  Are the auctions there? No, all gone...Everything looks good.  So what do we need? ...The exchange rate.  Where's the exchange rate?  In the budget.  

Nader From The Mid East  I tell you about three things.  Trade, private sector, which it's now very very good...You're going to see a lot of thing about the private sector how good it become and how good they invest into it and the third thing it's Forex.  These three things you have to watch...

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

Iraqi PM Visits UK PM and King Charles IQD Exchange Rate

Edu Matrix:  1-16-2025

In our breaking news, Iraqi Prime Minister Mohammed Shia Al-Sudani and UK Prime Minister Keir Starmer have signed a landmark agreement focusing on trade, economic, and strategic cooperation, with a staggering $14.98 billion trade package at its core.

 This partnership not only enhances commercial ties but also aims to address critical issues like security and climate change. As the IQD stabilizes, we invite you to share any firsthand insights in the comments. Stay tuned for updates as we navigate this evolving situation together!

https://www.youtube.com/watch?v=qJ4eREdaH04

“Tidbits From TNT” Thursday Morning 1-16-2025

TNT:

Tishwash:  Iraq calls on the world to conduct a comprehensive reform of the financial system and a dialogue on technology governance

The representative of Iraq to the United Nations in New York, Abbas Kazim Obaid, in his capacity as Chairman of the Group of 77 and China, delivered the group’s statement during the session of the United Nations General Assembly in which the Secretary-General reviewed the priorities of his term for the year 2025, in light of the circumstances and challenges facing the international community.

In his statement, the representative of Iraq stressed the complex and interconnected global challenges, including ongoing conflicts, the effects of climate change, poverty, hunger, high debt levels, limited financing for the Sustainable Development Goals, and the growing digital divide. He stressed the need to support developing countries in financing sustainable development through the Fourth Conference on Financing for Development.

He called for a comprehensive reform of the global financial system to address structural inequalities, ensure equitable access to long-term finance, and advance sustainable development efforts.

He also stressed the importance of fully implementing the decisions of the Conference of the Parties on Climate Change, while supporting the Secretary-General’s efforts to achieve the Sustainable Development Goals by 2030.

Obaid also called for a comprehensive international governmental process to address the digital divide, the establishment of an independent scientific team for artificial intelligence, and the launch of a global dialogue on technology governance.  link

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

Tishwash:  Will the implementation of the Oil and Gas Law stop the series of smuggling in the region?

MP Nazim Al-Shabli, a member of the Oil and Gas Committee, revealed today, Wednesday, that the Kurdistan Region does not want to hand over oil revenues to the federal government.  

Al-Shabli said in a statement to Al-Maalouma Agency, “The oil and gas law, which in turn limits oil smuggling in the region, is subject to political differences,” noting that “the importance of enacting the law is to control oil revenues after the procedures to stop the region's exports through the Ceyhan crossing and the intervention of international courts." 

He added, "The region has no real desire to send oil imports, in addition to the continuation of oil smuggling operations."

He pointed out that "the enforcement of the oil and gas law in turn limits oil smuggling and obliges the region to send oil revenues, and stressed the need to send the draft oil and gas law for discussion and approval in the House of Representatives."  link

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

Tishwash:  Al-Eidani: Al-Sudani's visit to Britain resulted in removing Iraq from the red list for risk assessment

Basra Governor Asaad Al-Eidani revealed on Wednesday that the investment status in Iraq was raised from the red list to the orange list during Prime Minister Mohammed Shia Al-Sudani’s visit to London. In what he described as an important achievement, he revealed that new security and financial agreements were reached with Britain during the visit.

Al-Eidani, who accompanied the visiting Iraqi delegation to Britain, said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "Prime Minister Mohammed Shia al-Sudani's current visit to Britain resulted in the transformation of the risk assessment in Iraq from the red list to the orange list in terms of the investment environment, and this is an important achievement and we may advance to yellow."

He added, "The businessmen accompanying the Prime Minister on the visit welcomed the new assessment, which may be transformed to yellow at a later time."

He continued, "Many British businessmen have concluded agreements with the Iraqi side in several fields, including education and universities, and a number of British businessmen have agreed with their Iraqi counterparts to establish joint laboratories."

He pointed out that "the Prime Minister held a meeting today with the British Home Secretary, and many topics related to security were discussed, especially the file of exchanging expertise between the Iraqi and British Interior Ministries."

He pointed out that "there was also a financial meeting, and an agreement was signed between the Trade Bank of Iraq and British financial institutions. There is also a financial meeting attended by the Prime Minister that could discuss support for the Iraqi private sector from British financial institutions, especially after raising the risk assessment from red to orange  link

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

Tishwash:  Parliament conforms to World Bank on the importance of government infrastructure in development

The Parliamentary Finance Committee confirmed to the World Bank delegation, today, Wednesday, the importance of keeping the infrastructure of the development path in the hands of the government.

The media department of the Council of Representatives stated in a statement received by the Iraqi News Agency (INA), that "the head of the Finance Committee, Atwan Al-Atwani, received a delegation from the World Bank headed by Jean-Christophe Carré, Regional Director for the Middle East, to discuss supporting the railway rehabilitation project within the Development Road Project," indicating that "the meeting reviewed the economic and regional vision of the Development Road Project and its strategic importance in stimulating investment movement, maximizing non-oil revenues and providing job opportunities, and also discussed the possibility of the private sector contributing to its implementation."

It added that "the meeting also discussed the multi-stage support provided by the World Bank for the Development Road Project, including modernizing and rehabilitating the current railway network and linking it from southern Iraq through the north and reaching Turkey."

Al-Atwani stressed, according to the statement, that "the infrastructure of the Development Road should be in the hands of the government so that this important project that links Iraq to the countries of the world is not subject to influences," noting that "our vision is for the Development Road Project not to be just a transit point, but rather we seek to be a gateway to revitalizing various economic and commercial activities and developing the infrastructure."

Al-Atwani called on the World Bank delegation to "present new visions and ideas regarding achieving optimal investment in this huge project, which is hoped to make Iraq an economic corridor linking Asia to Europe," stressing "the need to expedite the submission of the feasibility study related to the railway development plan within the Development Road project, and to contribute to mobilizing international expertise and attracting the private sector to invest in it in a way that serves the country's interests."

He continued: "We look forward to holding joint workshops and expanded meetings with the World Bank, to provide a full briefing on the project details and discuss its details in a way that secures broad parliamentary support for this borrowing," stressing that "the Finance Committee supports any loans that are economically feasible and bring great benefit to the Iraqi economy, especially since investment in the railway sector is a successful trend and achieves a large financial return."

For his part, the World Bank delegation appreciated "the valuable comments submitted by the Chairman of the Finance Committee, Atwan Al-Atwani, within the framework of the rapid transition from the planning and vision stage to the implementation stage," stressing the World Bank team's readiness "to submit the feasibility study, the project path and its details by next February."   link

**********

Mot: .. Just Warning Ya!! -- Get Ready!!! 

Mot:  .. Good Job Nelson

Iraq Economic News and Points to Ponder Late Wednesday Afternoon 1-15-25

Government Confirms That The Iraqi Economic Path Is Moving In The Right Development Direction

 01/15/2025   Mawazine News – Economy  The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Salih, confirmed on Wednesday that the economic path in Iraq is moving correctly towards development for the coming years, noting that economic growth in 2024 is an incentive to expand economic activities in the country.

Salih said in a statement to the official agency, "There is a principle in economics called the economic accelerator, which means that the growth in non-oil GDP, which reached 6% in 2024, will be positively reflected in the strength of national investment in 2025."

He added that "the Iraqi economy will witness a high investment boom in 2025 thanks to the economic accelerator factor in the investment field, in addition to the high positive growth effects of national income in 2024.

" Salih pointed out that "business companies and investors are affected by the results of the basic idea behind the economic accelerator, which indicates that any increase in demand for goods and services as a result of the growth of national income in 2024 can lead to an increase in investment in capital such as machinery, equipment and labor in 2025."

He continued, “Businesses and companies need to expand their production capacity to meet the growing demand for goods and services, which will lead to a positive accumulation in the national economy’s production capacity in 2025,” stressing that this can be expected positively, especially if accompanied by a good agricultural season and a wet year in the coming months.

In conclusion, the Prime Minister’s Advisor indicated that “Iraq’s economic path is moving in the right development direction for the coming years, thanks to the ongoing cooperation between the private and public sectors.”  https://www.mawazin.net/Details.aspx?jimare=258626

Parliamentary Finance: Banking Reform Enhances Iraq's Global Financial Standing

2025/01/14 reading :297Times  {Economic: Al Furat News} Member of the Parliamentary Finance Committee, Jamal Kocher, confirmed today, Monday, that the restructuring of Rafidain and Rashid Banks is a decisive step to improve Iraq's financial situation and enhance its position in the global financial system.

Kocher told Al Furat News Agency: “Restructuring the banks is very important and has many positives, as these banks have not been reviewed for many years. These measures will contribute to consolidating the national economy and addressing some of the errors that may exist in the current financial system.”

He added: "Reforming banks will lead to their development in line with the conditions of the US Federal Reserve and the SWIFT system, in addition to many international requirements that will contribute to improving the performance of the Iraqi financial sector at the global level."

It is noteworthy that Prime Minister Mohammed Shia Al-Sudani reviewed the plan for the restructuring project of Rafidain and Rashid Banks, and the technical and administrative procedures related to the project, which include a comprehensive review and structural administrative reforms with the aim of providing integrated banking services to citizens and companies.

He explained that the completion rate of the project to restructure Rafidain Bank has reached its final stages, stressing that it will enter into force within the next few days, within the framework of a plan that has been studied and implemented according to the established standards and specifications. LINK

Dollar Prices Stabilize In Baghdad And Rise In Erbil With The Closing Of The Stock Exchange

 01/15/2025  Mawazine News – Economy   The US dollar prices recorded stability in the markets of the Iraqi capital, Baghdad, while they witnessed an increase in Erbil, the capital of the Kurdistan Region, with the closing of the stock exchanges on Wednesday evening.

The dollar prices also stabilized with the closing of the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, where the exchange rate reached 151,000 dinars for every 100 US dollars, which is the same price recorded this morning.

The selling prices in the local markets in Baghdad also stabilized, where the selling price reached 152,000 dinars for every 100 dollars, while the purchase price reached 150,000 dinars for every 100 dollars.

In Erbil, the dollar prices witnessed an increase, where the selling price reached 151,000 dinars for every 100 dollars, while the purchase price reached 150,900 dinars for every 100 US dollars. https://www.mawazin.net/Details.aspx?jimare=258633

Prime Minister: Iraq Is Moving Towards Developing Its Oil Industry And Expanding The Production And Export Of Derivatives

Energy    Economy News – Baghdad  Prime Minister Mohammed Shia al-Sudani confirmed on Wednesday that Iraq is moving towards developing its oil industry and expanding the production and export of oil derivatives.

The Prime Minister's Media Office said in a statement, seen by Al-Eqtisad News, that "Prime Minister Mohammed Shia al-Sudani received at his residence in the capital, London, a group of senior editors-in-chief of Arab newspapers, opinion writers, and Arab and foreign journalists," indicating that "al-Sudani spoke about his official visit to the United Kingdom and his meetings with King Charles III and British Prime Minister Keir Starmer, and about the importance and size of the security, economic, and development agreements concluded during the visit."

Al-Sudani confirmed, according to the statement, that "the bilateral agreement will be presented to the House of Representatives for the purpose of ratification," pointing to "the state of stability and prosperity that Iraq is experiencing despite the political fluctuations witnessed by the region, and the government's success in keeping Iraq out of regional conflicts, while remaining steadfast in its principled position regarding the aggression on Gaza and Lebanon."

He also touched on "the Iraqi government's approach, its political vision for the internal Iraqi situation, and its steps to preserve security and stability in Iraq and the region," stressing "Iraq's standing by the Syrian people in the face of crises and challenges."

He pointed to "the government's steps in the field of economic integration," indicating "proceeding with the electrical connection with neighboring countries, and establishing related stations, in addition to cooperation in the fields of real estate development, and building new cities, within a development renaissance planned by the government program and included strategic projects, and creating a transition in the infrastructure on which sustainable development depends."

He referred to "the signing of the contract between Iraq and British Petroleum, which is the largest in the region," stressing "Iraq's move to develop its oil industry, expand the production and export of oil derivatives, invest in Kirkuk fields, and reach full investment in associated gas."

In turn, the talk of Arab and foreign media professionals focused on “the situation in the region, the paths of Iraq’s diplomatic relations with influential countries in the region and the world, positions on regional crises, the economic relations that Iraq seeks and the steps of economic integration to confront challenges, and Iraq’s move towards strategic relations with major economically advanced countries, including Britain and other European countries.”   https://economy-news.net/content.php?id=51990

Parliamentary Agreement With Finance Ministry Officials To Support And Maximize Revenues

Wednesday 15 January 2025 | Economic  Number of readings: 260  Baghdad / NINA / The Parliamentary Finance Committee agreed with the officials of the Ministry of Finance to follow up on the results of the work of the departments and joints of their ministry on a regular basis.

The committee held a joint meeting with the officials of the Customs and Tax Authority, Director General of the Customs Authority Hassan Hamoud Hassani, Director General of the Tax Authority Muhammad Hamza Mustafa, Assistant Director of the Authority Abdul Sattar Hashem, Director of the Companies Department Haider Rashid Hamid, Director of the Commercial Business Department Muhammad Ali Jaber, Director of the Planning Department Muhammad Qasim Muhammad, Director of the Adults Department Nagham Abbas Reda, and Director of the Real Estate and Plots Department Shaza Hashem Hanoun, to discuss the total revenues for the year ending 2024 and the plan to maximize revenues in 2025.

The head of the committee, MP Atwan Al-Atwani, said that "this meeting is the third this week, after a meeting with the Minister of Finance and the general managers on maximizing revenues." https://ninanews.com/Website/News/Details?key=1180252

Gold Prices Rise In Conjunction With The Dollar In Baghdad

Stock Exchange  Economy News – Baghdad   The prices of "foreign and Iraqi" gold rose in the local markets in the capital, Baghdad, today, Wednesday (January 15, 2025).

Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price for one mithqal of 21 karat Gulf, Turkish and European gold of 568 thousand dinars, and a purchase price of 564 thousand dinars.

The selling price of one mithqal of 21-karat Iraqi gold reached 538 thousand dinars, and the purchase price was 534 thousand.

As for gold prices in goldsmiths’ shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 565,000 and 575,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 535,000 and 545,000 dinars.    https://economy-news.net/content.php?id=51976

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

Seeds of Wisdom RV and Economic Updates Wednesday Evening 1-15-25

Good Evening Dinar Recaps,

DAVOS TO WELCOME TRUMP VIRTUALLY AS WORLD LEADERS AWAIT NEW US PRESIDENT'S POLICIES

▪️Trump to join Davos meeting digitally, organisers say
▪️60 heads of state and government due to attend WEF meeting
▪️Ukraine's Zelenskiy to make address, take questions -WEF
▪️Middle East tensions, climate crisis also on the agenda

LONDON, Jan 14 (Reuters) - Donald Trump will mark his return to the global stage with a virtual World Economic Forum appearance in Davos next week, as world leaders await details of the incoming U.S. President's policies and his pledge to end the war in Ukraine.

Trump is due to return to the White House on Jan. 20, with his inauguration for a second term as U.S. President coinciding with the start of the 55th annual WEF meeting of political and business leaders in the Swiss mountain resort.

Brende said Trump, who has twice previously attended Davos, will join "digitally" on Jan. 23, without giving further details. He said it would be a "very special moment" to learn about the new Trump administration's policy priorities.

"There is a lot of interest to decipher and to understand the policies of the new administration, so it will be an interesting week," Brende said.

Topics on the Davos agenda range from mounting global geopolitical and economic uncertainty to trade tensions, climate goals and how AI can help make lives better.

Business leaders have become more optimistic about the economy given Trump's pledges to reduce regulation, potentially cut taxes and ease restrictions on activities including mergers and acquisitions, Rich Lesser, global chair of Boston Consulting Group, told Reuters ahead of the meeting.

Lesser said, however, that underlying optimism is being offset by concerns about tariffs, deportations, a widening budget deficit and the U.S. relationship with China.

MIDDLE EAST

This year's meeting in Davos is taking place against "the most complicated geopolitical backdrop in generations," Brende said, adding that the forum will have a strong focus on Middle East geopolitics, including high-level diplomatic talks.

Delegates will discuss developments in Syria and the humanitarian crises in Gaza and Yemen alongside other topics.

Participants will include Qatar's Prime Minister, the Saudi Arabian Foreign Minister, Syria's foreign minister, the U.N. special envoy on Syria, the Iranian Vice President, Israel's President and the Palestinian Prime Minister.

"There will be hard work at the situation in Syria, the terrible humanitarian situation in Gaza ... the potential escalation of the conflict in the Middle East. We were very close to it between Israel and Iran, and I don't think we're out of the woods yet," Brende said.

CLIMATE

The WEF will this week release an analysis looking at companies that account for two-thirds of global market capitalisation, which will show that only about 10% are taking meaningful and tangible action on the climate and nature agenda.

Business and political leaders gathering in Davos from Jan. 20 to Jan. 24 are also due to discuss how to ensure energy remains affordable, secure and green and the challenges preventing acceleration of efforts towards energy transition.

"We’re in a really challenging moment for climate, where countries are asking if other nations are doing their share," said Boston Consulting Group's Lesser.

@ Newshounds News™

Source:  Reuters

~~~~~~~~~

TIM SCOTT ANNOUNCES BANKING COMMITTEE PRIORITIES FOR 119TH CONGRESS

In a latest development, Chairman Tim Scott has announced the legislative and oversight priorities for the U.S. Senate Committee on Banking, Housing, and Urban Affairs for the 119th Congress. Scott aims to focus on increasing financial inclusion and advancing opportunities for Americans nationwide.

“My goal for this Congress is simple: make America work for Americans. Over the last two years, we’ve led comprehensive solutions to serious challenges Americans face—from addressing our failed federal housing policies to increasing access to capital to bolstering our economic national security—and we can build on this success,” Scott remarked.

Scott expressed his eagerness to collaborate with the Trump administration and committee colleagues in the 119th Congress to reach consensus and develop solutions that enhance financial inclusion and create opportunities nationwide. “The American people gave Congress a mandate – let’s get to work,” Scott added.

Top Priorities For The Banking Committee

Chairman Tim Scott’s priorities for the Banking Committee in the 119th Congress include:

Promoting Financial Inclusion, Affordable Housing: Scott aims to make financial services more accessible, reduce burdensome regulations, and ensure consumers have the tools to make informed decisions. He also plans to address high housing costs by reducing overregulation and advocating for targeted reforms to support families.

The committee will focus on policies that expand capital access for small businesses and entrepreneurs across the country, not just in large cities. The committee will work on creating a clear regulatory framework for cryptocurrency and digital assets to encourage innovation and protect consumers.

Scott will prioritize strengthening U.S. national security through sanctions, export controls, and countering threats from adversaries like Iran and China. The committee will also support state-based regulation of insurance and protect consumers, especially in flood-prone areas.

Besides, Scott plans to cut bureaucratic red tape to allow local communities to drive infrastructure projects. The committee will also hold federal agencies accountable for policies that hurt businesses and individuals and ensure transparency in government agencies.

In all, Chairman Scott will focus on creating opportunities for Americans while pushing back against policies that limit economic growth.

@ Newshounds News™

Source:  CoinPedia

~~~~~~~~~

XRP Surpasses $3, Predicted to Hit $4 Soon?  |  Watcher Guru

Stellar (XLM) Cryptocurrency Breaks Out: 30% Surge Incoming?  | Watcher Guru 

@ Newshounds News™

~~~~~~~~~

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

Short Wednesday Evening Chat With MarkZ 1-15-2025

Wednesday Evening Chat 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: What does the thumbnail picture mean?  Has our ship come in?

MZ: In the past we were told close the RV- peace would suddenly break out in the middle east…The news today about an agreement between Hamas and Israel might be it. It all seems to be coming together.

Member: This puzzle has definitely been challenging to piece together, but man is the final picture going to be gorgeous

Member: Some Gurus are expecting the RV tomorrow.

MZ: I am not. Most of what I am seeing – is around the 21st and 22nd.

Member: Tony said that the RV switch will be flip in 24 hrs and the 24 hrs has already started

Member: Was the third reading of Iraq’s budget today?

MZ: it was not today. I was told it was now scheduled for Sunday

Member: 3rd reading or not, doesn't it become law 15 days after the 2nd reading?

Member: Frank26 said they don’t need a third reading because they are only voting on an amendment and the rest of the bill was already passed

MZ: “Parliament to add amendment clause to next Sunday’s agenda” so this Sunday they do the last reading. .

MZ: “Parliamentary Finance: Customs and Taxes can take a toll on building the budget” They are looking at streamlining their customs and tarrifs they are already charging so that the tax burden is not so bad for their people. This is a lot like Nesara/Gesara.

Member: Kind of looks like everything is waiting on the completion of the Inauguration including the RV

Member: IMO Iraq's not getting anything done. They're not doing anything because they already finished everything. What they're doing is, Iraq has a scheduled rate change

Member: Newshound Guru Jeff :  The government and parliament finished everything they needed to towards revaluing the currency bank as of September 28th. That was their last productive real session of parliament

Member: Saw where XRP honored at Bank of America now?

Member: Boy oh boy what a day! Weren't ISO 20022 Coins supposed to start the whole daisy chain of events that is about to unfold? GO XRP, XLM, XDC!!

Member: Mark, I hope you dont mind, but I started the Whiskey portion of the evening a little early.. Bring on the Wisdom!

Mod: JOIN US AT 8:00 PM FOR A FUN NIGHT WITH W&W

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!

Youtube:     https://www.youtube.com/watch?v=kKq4_6E1RcA

More News, Rumors and Opinions Wednesday PM 1-15-2025

TNT:

Tishwash:  Advisor to the Prime Minister: Iraq is witnessing an expected investment boom in 2025

Amina Al-Salami

 Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Wednesday, that the Iraqi economic path is moving in the right development direction for the coming years, while indicating that economic growth in 2024 constitutes an incentive to expand economic activities in Iraq.

Saleh said, in a statement to the Iraqi News Agency (INA): "There is a principle in the economy called the economic accelerator, which means that the growth in the non-oil GDP, which reached 6% in 2024, will be positively reflected in the strength of national investment in 2025."

He added, "The Iraqi economy will witness a high investment boom in 2025 thanks to the economic accelerator factor in the investment field, in addition to the high positive growth effects of national income in 2024."

He pointed out that "businesses and investors are affected by the results of the basic idea behind the economic accelerator, which indicates that any increase in demand for goods and services as a result of national income growth in 2024 could lead to increased investment in capital such as machinery, equipment and labor in 2025."

He continued, "businesses and activities need to expand their production capacity to meet the growing demand for goods and services, which will lead to a positive accumulation in the national economy's production capacity in 2025, and this is what can be expected, especially if it is accompanied by a good agricultural season and a wet year in the coming months."

He added, "Iraq's economic path is moving in the right development direction for the coming years in a remarkable and positive way, thanks to the cooperation of the private and public sectors together."link

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

Tishwash:  Al-Hashemi criticizes Al-Sudani's visit... Our money saves Britain's collapsing economy!

Economist Ziad Al-Hashemi presented a pessimistic view of the Iraqi Prime Minister's visit to Britain, considering that it came at a time when the British economy is suffering from stifling crises that may force his government to resort to borrowing from the International Monetary Fund.

Al-Hashemi stated in a post on the (X) platform that “the British economy is going through its worst phase in decades, with a financial deficit of nearly $100 billion, weak economic growth, high inflation rates, capital flight, and weak investment.”

He pointed out that "the contracts signed by Iraq with the British side during this visit will inject huge Iraqi funds into the British economy, which is a boost to a weak economy suffering from deterioration."

Al-Hashemi asked: “Did the Iraqi Prime Minister have a complete understanding of the weakness of the British economy? Was this situation exploited to achieve additional security and geopolitical gains for Iraq before signing the contracts? Or did the historic opportunity pass without being exploited?”

He concluded by saying, “Negotiation is an art that requires people who have a complete vision and understanding of the circumstances of the other party, in order to exploit them in a way that achieves the greatest possible interests for Iraq.”  link

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

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

Militia Man  One of the last things they do...before they go international, is to have their banks restructured or really close to being completed.  That's their focus...That's part of the process and we're seeing that...It surely looks really powerful.

Frank26   Article:  "House of Representative completes the second reading of the draft amendment to the budget law."  Is that the second reading to the budget?  It's actually the 2nd reading to a draft of the amendment of the budget...They didn't read the whole budget.  They only read the part they amended, [read] for the second time...That law IMO is all that's needed.  You don't have to read it, 15 days later it become law.

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

Bank Of America Is Now Using XRP

Economic Ninja:  1-14-2025

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

This Hasn't Happened Since Right Before the Great Depression

Heresy Financial:  1-15-2025

TIMECODES

0:00 Intro

 0:25 S&P 500

2:29 Concentrated Market Cap

 5:57 Stocks That are the Recipients

 7:19 Concentration Correlated to Stock Price

8:43 Preparation for Volatility

https://www.youtube.com/watch?v=7jupMC8IiAQ

Bruce’s Big Call Dinar Intel Tuesday Night 1-14-25

Bruce’s Big Call Dinar Intel Tuesday Night 1-14-25 

Transcribed By WiserNow Emailed To Recaps

Welcome everybody the big call tonight, Tuesday, January 14th and you're listening to the Big Call. Thanks everybody for tuning in yet again - thank you Sat team for getting the call out to so many people and so many nations across the globe.

All right, I guess I gotta get my thinking cap on and see how we can bring out things that we need to know right now. I’ve got several things I’m going to put  in some form or fashion in an order, which will help to create a timeline for us. I always like to see time lines  to see where we are, what's happening in the next few days, and where are we going, and how we're going to get there. And that's sort of what I'm going to try to paint this picture for you guys tonight.

Initially, we're going to say President Trump has given the  green light to our new, restored Republic treasury. Let's call it based at least temporarily in Reno Nevada  to activate  - was the word -  activate the new United States note, which we call the USN, or the currency we call the United States Treasury Note - the USTN- to activate that. And that instruction was given to occur between last night, which was Monday night, and Wednesday morning, which is tomorrow morning.

So we're looking at that activation of the USN, which is part of GESARA, along with all the other asset backed currencies in the world. And certainly it's a part of NESARA -  in terms of letting the people know, hey, we have a new asset backed dollar we don't have with the USD.

And so we should be getting excited about the possibility that what we've been looking for, which was I've been looking for, anyway, is an announcement about the USN, about, you know, the asset, asset backed dollar, that we have, and all of that as part NESARA and I think we're about to see that .

The other thing that we're seeing is that we're getting from a limited amount of sources now that some of these are are pay masters over the bond holders are getting sort of an order of which dominoes are falling. That's the first, second, third and fourth Domino.

And it appears in the first domino is the Is the bond holders getting their emails letting them know when they have access to funds, that first access to funds to be scheduled for either tomorrow or Thursday  for the bondholders,

The second domino they call platform trades. These are, these are zim platforms that certain people entered into  with up to five 100 T notes. This was in the past a few years back, and this was something that would be paying out over pretty much one year, 13 months, I think.

So that's really something that we're looking for to be the second domino to fall, and  third domino should be what we refer to as the admirals groups. And there are multiple groups under the admiral, and there might be more than one Admiral, by the way, we know of one in particular.

And then the fourth Domino is us  in tier 4b or the internet group.

Now,  our understanding from wells, Fargo's point of view is that tier four is this tier four? They don't distinguish between 4A and 4B I've done it in the past and continue to do it because people want to know, what about our group? What about the Internet Group, the largest group that is primarily listening to the big call and looking online for other information.

Well, I believe that tier four, A & B  or tier four, will go pretty much together -  this whole rollout, which we've used the term shotgun start is supposed to roll out over 48 hours. Now I think 48 hours basically starts when the USN is acknowledged --  activated --  and the theory is that it should happen by tomorrow morning – we don’t have a time for it -  but I'm going to say, if it is to happen by tomorrow, it would happen by noon tomorrow.  **

So there is, there is an order to things on the release of these – now  somewhere in the mix is the so called intermediaries, people like CMKX, adjudicated settlements, fines and penalties, farm claims, ranch claims, Native American claims, and there may be one or two others, but that's what I'm bringing up, is as what we're calling the intermediary groups.

Now those groups should be paid kind of when the bond holders are notified, I think that's also going to be triggered within the next 48 hours, but it may take longer  two days to pay all those. But I don't think it necessarily should --  I don't think it should, but we'll have to see. Keep an eye. We may not even hear about some of those unless you're in C M K X, you know, unless you're in a situation where, where you know your farm or ranch was taken from you, or whatever, and now they're going to make it to you. They're going to at least pay you for it, you know, we'll see what that looks like.

 I had understood our Native Americans were already compensated, but maybe they weren't, maybe not all of them. So it's hard to know everything about that. So there's the next couple of days of things - we should get, our notifications, I believe in the next day or two, we could get it  Wednesday. We could get it Thursday and start.

I'm sorry I don't have anything that takes me on Thursday in the way of what we're talking about with this RV with a blessing. Okay, so, I mean, we heard from CW, and he says his associates said, Well, we're still looking at Charlie Ward’s Thursday, and maybe we are, and maybe we get numbers tomorrow, and all we do is set appointments. We start on Thursday. That's possible. I hope we get numbers, set appointments to start tomorrow, but we'll have to see.

This is one of these I have to wait and see. And I hate that expression, but it is one that we have to sort of do right now.

Let's go beyond that. Let's talk about a couple of things. One, this really blew my mind, my new understanding as of yesterday was we're going to actually be offered an interest rate. This is my currency rate. This is a rate of interest that would be paid on our primary and secondary bank accounts.

This does not pay on out of a quantum account. It pays on the money that we move from the quantum account using our quantum card to get into our accounts and then move that into a primary - my case, Wells and secondary Wells accounts, and they're offering us 12% interest, annual, percentage yearly. That doesn't make any sense, but APY for five years? For the first five years, 12% per year? Why in the world would they offer and we don't have to negotiate that.

That's nothing that we have to negotiate like we thought we were gonna have to negotiate upwards of five to 10% Well, this is 12% and you know why? Because when we transition from the USD, the Fiat dollar, to the USN,  with the USD, basically on its way out, and we can still use what we have here, but with it on its way out, the banks will be broke. They need our funds in our accounts so that they can stabilize themselves and have the wherewithal for Basel III Basel IV compliance.

So I mean to get that type of interest rate on the amounts that we're talking about moving into our primary and secondary. And I say secondary, let's say we have a primary account, the main account that's under the name of the trust, and then we have accounts underneath that that are sub accounts, still under the protection of the trust. But let's say they're, in my case, using four LLC accounts, and so those accounts would be sub accounts to the primary, but all those accounts, as I understand it, sub and the primary account, will earn 12% interest for five years.

 I don't know if it's compounded daily. I don't know how often is compounded, but I think we can ask for the interest to be paid out to us monthly or quarterly, every three months, I'm going to go for quarterly for me – For me to see that number and deal with, okay, that's a number I have to give away, invest whatever I'm going to do With it, bless people. Is for rebuild America used for whatever, right? And I think it's a little easier than to try to keep up with monthly for me. So that's what I'm going to do, try to do.

The other thing is,  what else?  What about ???

Let's go with a timeline then, all right, so that has taken us all the way Thursday, with the potential start for our exchanges tomorrow and Thursday and then Friday. We go right on through-

 Saturday the 18th - I know that there are a couple of events that are planned, and one of which is a private meeting in Northern Virginia for President Trump and his cabinet choices. That'll be a great little get together for them, they'll probably have a great time.

Also on Saturday the 18th, there is a  ballroom  inaugural ball that's going to be at the Hyatt Regency Hotel on Capitol Hill, and that'll be probably, that's a big, big deal, big event. And I believe they have tickets for sale for that now, and there are three levels of participation. I'm not sure if the top level is full, I think it is.

But anyway, that's something that's  going to be great for people that are in DC area and they want to attend.  It, my understanding, I don't know this, of course, but my belief system is that President Trump make a cameo appearance at most of the inaugural balls that are, that are planned, and even though they talk about other locations and so on, there's nowhere that shows where they are or when they are, yet, it's kind of a 404, page not found  - one of  those deals.

So stay tuned for that, and it would be last minute. Sounds like last minute. Less people in the know already know about it. It's just not being advertised. That's very possible. So that's Saturday.

That Sunday. President Trump is supposed to make an appearance to the tune of the Unknown Soldier, and I don't know if that’s  Arlington National Cemetery  or somewhere else, but it's that's what he's supposed to do Sunday, and he has a maga rally, make America great rally at the capital Center in Washington, DC, for the caps play hockey, their home sheet of ice. And so that's that's going to be going on Sunday,

Monday, we have inauguration one put it as a swearing in, or he is sworn in on Monday the 20th. It's also Martin Luther King Day. Martin Luther King, Jr, and so believe it will be a bank holiday.

And so I think for that reason, the R and R, if we're moving into to Tuesday now on the 20th -  Help me out - the 21st should be of from the 21st 22nd 23rd 24th Tuesday, Wednesday, Thursday, Friday should be when we are seeing and receiving our restitution reconciliation allowance.

 And I told you guys on two or three occasions how that's going to work out for ages that are 30 to 45 --45 to 60 and 60 and above. Get theirs as a lump sum – We’ll see how it'll shake out for everybody. But it should occur within that time frame. 21st 22nd 23rd 24th somewhere in there,

And there's discussion that we might have our increase in Social Security this month in January, but I don't know if it'll start tomorrow or the fourth Wednesday, which is the 22nd or whether it's not even going to happen this month or not.

I don't know until it will, but I can't say for sure that it will. And I know increase is what I'm talking about. Getting that increase amount has not happened in the first two Wednesdays for Social Security recipients, - So I'm not sure whether it's going to happen for anyone else this month or not.  Debt Forgiveness, Jubilee, all of that is part of NESARA, and we're just going to have to see --  

One thing that was brought to me today. Thank you, Trish for on I think it was truth social that President Trump talked about, not the Internal Revenue Service, but an external revenue service, and he talked  about receiving   monies from other countries around the world that are doing trade with the United States, getting trade tariffs and so on -  paid to us. And I tell you, he didn't say we see the end of the I S, but that is part of the NESARA.

We will have a flat tax - It's not called of value add tax, but they have in Europe, but it's called a consumption tax, and that tax would be approximately 15% and maybe 14 or 15% but that's in boarded meaning, contained in the price of new goods, new new products, not on used items, but only and not supposed to be on any pharmaceuticals.

And I'm not sure if it's going to be on food or not. In the grocery store, I do not think it's on food, but in restaurants, we could still pay a tax in the restaurants, I'm not sure about it, but that but  for us the not to have to pay income tax, federal income tax, or state income tax, and I'm not even I don't even know what property taxes will exist or not.

I've been told they won't, but we'll have to see how it all comes out. So the Fed is dead, the Federal Reserve's gone, the USA corporations dead. Forget that the new restored Republic of the United States, and President Trump will be sworn in as president of the restored Republic.

So there's your timeline starting tomorrow, starting last night to tomorrow morning for the USN to be activated. By the way, our accounts for now are mirrored with the QFS system. And essentially, when that occurs, all of our accounts will be in the QFs system, protected in there. I think we're just protected right now.

You realize that the US Treasury, and when I say that, I'm talking about the new treasury, just picked up $17 trillion dollars ?  Where did they get that money? You think certain people had tried to move funds in offshore accounts, and because QFS picked it up and now put those funds to the fees. Yep, that's a nice piece of change 17T

What about this so called national debt? What are they? Where is it? 35? 36 trillion?  something like that, and climbing. I'm being told it doesn't need to pay back -- fiat currency was incurred by United States Incorporated, which is defunct. I think that's just something that the media still has to try to work with, but it's not even a thing. It won't even be paid back. That's kind of cool. Let's see where else can we go?

I think that's really what I wanted to say about  intel – about our timeline. Remember, we've got the possibility of numbers coming out tomorrow or Thursday, and then exchanges starting either tomorrow or Thursday. Is what I'm getting  and telling you guys, what I'm hearing from the best sources that we have still available. Not every source is available. - These are

And then we've got the Fridays kind of a question mark. If we start exchanges tomorrow or Thursday, we'll go right on through the weekend. Not sure about Monday, because it is MLK Day and it's also, you know, the Inauguration Day will be a lot going on  - we’ll see , but I know this thing should go right on through.

Does President Trump have to be in as inaugurated as President for us to get the RV?  I've been told no, he does not have to be back in as president for this to happen. So we're pushing it closely. We're getting there, but let's see what happens in the next few days . Okay, that'll answer it for us. If we get numbers, the answer is no, we just push right on through set upon this and go

Med beds availability, if you're in dire need, if you're in hospice, if you're close to the pearly gates, yeah, you can get in really soon. I've been told as soon as day after the exchange

That's for dire need. And it doesn't hurt if you're a Zim holder, by the way, that's probably the biggest thing you can be, besides being dire need get in quickly.

Still by referral basis, you can have six referrals. Make sure people know that you're referring. Name, Phone, yeah, that's even better, you have all of those, and obviously put the top of your list number one would be your most dire need. If there's Zim holders that that's better for them, they're not just whatever.

Let's see if there's anything else. I think that's everything I needed to tell you guys.

Have a wonderful night let’s pray the call out

Bruce’s Big Call Dinar Intel Tuesday Night 1-14-25 REPLAY LINK   Intel Begins  1:03:43

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHEUd

Bruce’s Big Call Dinar Intel Thursday Night 1-9-25 REPLAY LINK   Intel begins   1:14:34

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHEjW

Bruce’s Big Call Dinar Intel Tuesday Night 1-7-25 REPLAY LINK   Intel Begins  1:00:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHEI5

Bruce’s Big Call Dinar Intel Thursday Night 1-2-25 REPLAY LINK   Intel begins   1:14:54

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHmLh

Bruce’s Big Call Dinar Intel Tuesday Night 12-31-24 REPLAY LINK   Intel Begins  54:44

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHmuc

Bruce’s Big Call Dinar Intel Thursday Night 12-26-24 REPLAY LINK   Intel begins   1:07:27

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHm1U

Bruce’s Big Call Dinar Intel Tuesday Night 12-24-24 REPLAY LINK  NO CALL

Bruce’s Big Call Dinar Intel Thursday Night 12-19-24 REPLAY LINK   NO TRANSCRIPTION

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHmCZ

Bruce’s Big Call Dinar Intel Tuesday Night 12-17-24 REPLAY LINK  Intel Begins 1:03:33

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHmOW

Bruce’s Big Call Dinar Intel Thursday Night 12-12-24 REPLAY LINK   Intel begins   56:16

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHLNt

Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 1-15-25

Good Afternoon Dinar Recaps,

THE SEC PLANS TO MOVE FAST ON CRYPTO POLICY OVERHAUL UPON TRUMP’S INAUGURATION

▪️The SEC is preparing to overhaul crypto policy under a new pro-industry chair, Paul Atkins, replacing Gary Gensler.

▪️Commissioners Hester Peirce and Mark Uyeda plan to clarify which cryptoassets are securities and reduce enforcement actions.

▪️Experts expect Congress and the White House to join the SEC in promoting innovation-friendly regulations.

Under Trump’s administration, the SEC is set to begin an overhaul of its crypto policy as soon as next week. Rumored first steps include reassessing which cryptoassets are securities and cooling off enforcement actions.

Commissioners Hester Peirce and Mark Uyeda both worked with incoming Chair Paul Atkins in the past and are actively planning to cooperate again as a pro-crypto majority.

The SEC’s Role in Crypto Policy

According to a report from Reuters, the SEC is ready to hit the ground running with radical changes to crypto policy. Less than a week remains until Donald Trump’s inauguration, and some experts anticipate a new rally.

New rumors of pro-crypto executive orders already juiced Bitcoin’s price, and Congressional industry allies are planning their own moves:

“Under Gensler, the SEC refused to provide clarity to the crypto industry. Moving forward, [we] will work to build a regulatory framework that… will promote consumer choice, education, and protection [and] foster an open-minded environment for new, innovative financial technologies and digital asset products,” claimed Senator Tim Scott.

In other words, the SEC is only one player in a broad coalition of crypto policy reform. To that end, the Commission is preparing for its Chair, Gary Gensler, to resign on Inauguration Day. A pro-industry replacement, Paul Atkins, has already been selected, but some of its sitting Commissioners are already planning their next moves.

Hester Pierce, who has long opposed SEC crypto crackdowns, and fellow pro-crypto Commissioner Mark Uyeda are weighing a few options to influence policy.

The pair both worked closely with Atkins in the past, and sources have claimed they plan to clarify which cryptoassets legally qualify as securities. They have yet to comment on other specific changes.

Trump’s SEC team is here to shake things up in crypto! Hester Peirce and Mark Uyeda are taking a second look at the ongoing cases—some might even get frozen if no fraud’s involved. The big play? Boosting Bitcoin. Pompliano’s already throwing ideas like a national Bitcoin reserve and no capital gains tax on BTC payments,” wrote Mario Nawfal.

Crypto Lawsuits Are Likely to Slow Down

One strong possibility for a policy change is the SEC drastically reducing its crypto crackdowns. In his last days, Gensler has been recalcitrant about maintaining a fight with Ripple, even though his effort could soon fall apart.

After he leaves, the SEC may drop this and “dozens” of other enforcement actions. As BeInCrypto reported earlier, Trump is already expected to sign a pro-crypto executive order on his first day. The order will likely overturn controversial SAB 121, which restricts banks from holding crypto.

Although the courts may not approve of such a cool-down period, there is precedent. Shortly after Trump’s election, the US Attorney for the SDNY signaled that his office would scale back crypto prosecutions.

This district enforces many high-profile finance activities, including the Sam-Bankman Fried case, but it still openly plans to ease off.

In other words, the SEC has many avenues for impacting US crypto policy in short order. Pierce and Uyeda haven’t signaled any other immediate plans besides classifying assets’ security status and reviewing enforcement cases. However, they are closely considering the issue.

Between a friendly SEC, Congress, and President, sweeping changes will be easy to implement.

@ Newshounds News™

Source:  Be In Crypto

~~~~~~~~~

U.K.’S NEW ECONOMIC SECRETARY EMMA REYNOLDS TO OVERSEE CRYPTO

Emma Reynolds, former parliamentary secretary at the Treasury, has been appointed the new economic secretary.

Reynolds’s appointment follows the resignation of Tulip Siddiq, who stepped down in a letter to the Prime Minister. Siddiq, the member of parliament for Hampstead and Highgate, cited personal reasons for her departure.

The new economic secretary will play a key role in shaping the government’s crypto regulation agenda. In addition to digital assets, Reynolds will oversee the U.K.’s central bank digital currency plans.

Her appointment comes as the U.K. continues to push for greater regulatory compliance in the crypto sector. The government has pursued this approach over the past few years as part of its ambition to become a leading hub for digital assets innovation.

Market watchdogs, such as the Financial Conduct Authority, have adopted a more supportive stance toward the crypto industry in recent months, contrasting with the stricter approach taken by the U.S. under outgoing SEC Chair Gary Gensler.

The landscape has shifted since Donald Trump’s election, and industry players are optimistic about what the new SEC leadership could mean for the crypto ecosystem in the U.S. Trump will be inaugurated on Jan. 20.

As crypto.news highlighted, the SEC plans to move away from its “regulation by enforcement” strategy and freeze certain ongoing lawsuits that do not involve fraud.

While it remains to be seen how Reynolds will impact the U.K.’s crypto policies, the general sentiment is that the country aims to remain competitive amid growing global crypto adoption.

In December 2024, the European Union’s Markets in Crypto Assets (MICA) rules came into full effect, with industry players keen on leveraging the clarity MiCA offers to expand across the bloc.

The U.K.’s own legislation on cryptocurrencies and stablecoins is expected to be finalized in early 2025.

@ Newshounds News™

Source:  Crupto News

~~~~~~~~~

H.R.369 - To provide for the elimination of the Department of Education, and for other purposes.

Sponsor:  Rep. Rouzer, David [R-NC-7] (Introduced 01/13/2025)
Committees:  House - Education and Workforce
Latest Action:  House - 01/13/2025 Referred to the House Committee on Education and Workforce. 

As of 01/15/2025 text has not been received for H.R.369 - To provide for the elimination of the Department of Education, and for other purposes.

[Congressional Record Volume 171, Number 6 (Monday, January 13, 2025)]

[House]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
By Mr. ROUZER:
H.R. 369.
Congress has the power to enact this legislation pursuant
to the following:
Article I, Section VIII
[Page H112]

• Constitutional Authority and Single Subject Statements

About Constitutional Authority and Single Subject Statements

Pursuant to clause 7(c) of House Rule XII and Section 3(c) of 118th Congress H.Res. 5, Rule XII, to be accepted for introduction by the House Clerk, all bills (H.R.) and joint resolutions (H.J.Res.) must provide a document stating “a statement setting forth the single subject of the bill or joint resolution” and "as specifically as practicable the power or powers granted to Congress in the Constitution to enact the bill or joint resolution."

@ Newshounds News™

Source:  Congress

~~~~~~~~~

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

Some “Iraq News” Posted by Clare at KTFA 1-15-2025

KTFA

Clare: 21 Arab and foreign countries and 600 companies at Baghdad International Fair

1/14/2025 

The activities of the Baghdad International Fair in its (48) session will start on the first of next February, with the active participation of 21 Arab and foreign countries and 600 companies with different specializations.

The Director General of the Ministry’s Exhibitions and Commercial Services Company, Dr. Mustafa Nizar Jumaa Al-Ani, said in an interview with “Al-Sabah” followed by “Al-Eqtisad News” that the exhibition will continue for seven days, and will be held under the slogan (Investment, Development, Prosperity).

He pointed out that the Ministry prepared early to hold the exhibition in its (48) session, as 21 Arab and foreign countries will participate in it, in addition to 600 local and international companies, indicating that the Ministry is still receiving requests to participate in this version, which is being continuously monitored by the Minister of Commerce.

He explained that the exhibition will include the two largest pavilions for the Kingdom of Saudi Arabia and Oman, as well as the golden sponsor of the exhibition, represented by the State of Qatar, in addition to preparing two large halls dedicated to national industries that witnessed a remarkable turnout by visitors during the past year.  

Al-Ani pointed out that the ministry provides support to national industries through the Export Fund, and urges local companies to develop exports and establish advanced factories that can meet local needs, especially after the government issued several decisions to support the national product by preventing the import of many materials provided by the industrial sector. 

He added that the exhibition will also witness the participation of government institutions, unions and private sector organizations, with an ambition to attract a large number of companies in the current session, in an effort to conclude contracts between the private and international sectors.

He added that the exhibition is an important economic gateway and a social oasis that attracts the public, in light of the major economic changes that the country is witnessing as part of the government program.

Al-Ani stated that the aim of holding the exhibition is to enhance cooperation between local and international companies and provide investment opportunities. It also represents a platform for communication between foreign companies and investors to exchange experiences and learn about the latest technologies in all sectors, stressing that all participating companies will display their production and will have a share in the Iraqi market and contribute to all governorates.  LINK

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

Clare: Parliament postpones its session due to political blocs boycotting the sessions

1/15/2025

The House of Representatives failed, on Wednesday, once again to hold its regular session due to the boycott of most political blocs of the sessions .

A parliamentary source told Shafaq News Agency, "Parliament postponed its session due to the lack of a legal quorum due to the boycott of some political blocs and their failure to enter the council hall, despite the session bell ringing."

Recently, political circles in Iraq have witnessed a sharp escalation in disputes over a number of vital laws that are stalled within the parliament, most notably the general amnesty law, the retirement law, and others, which has led to the stumbling of many parliamentary sessions .

Yesterday, Tuesday, the media department of the Iraqi Council of Representatives published the agenda of the Council’s session that was scheduled for today .

According to the session agenda that was received by Shafaq News Agency, it included voting and reading several draft laws, most notably the Intelligence Service Law, and reading the proposed law amending the Retirement Law .  LINK

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

Clare: Al-Sudani: The volume of Arab and foreign investment in Iraq reached 63 billion dollars

1/15/2025

Iraqi Prime Minister Mohammed Shia al-Sudani confirmed on Wednesday that Iraq is open to various investment and development activities, noting that the volume of Arab and foreign investments in Iraq over two years reached $63 billion.

This came during his reception, on Tuesday evening, of representatives of 24 major British companies in various sectors and activities, in addition to a number of businessmen, in the presence of British government officials, on the sidelines of his official visit to the British capital, London.

At the beginning of the meeting, the Prime Minister welcomed the work of British companies in Iraq, stressing that the investment environment and business space have become open and attractive to various types of investment and development activities.

He pointed out that the meetings and agreements signed with the British side need to be translated into actions and steps, and that the most important part now falls on the companies.

He continued: "We have carried out real reforms in Iraq, and we have put in place real support facilities and procedures for the private sector. We have also implemented reforms in the tax and customs reality, company registration, and all approvals related to investment opportunities."

Al-Sudani added, saying: “For the first time, we provided sovereign guarantees to the private sector to implement projects, and today we signed with (UKEF) what is related to this step.”

He pointed out that "the government's steps aim to create a national industrial base, and the presence of British companies with the private sector will create real opportunities," adding: "Iraq has a three-year budget (2023-2024-2025), and has allocated $100 billion for the investment budget for ministries and governorates."

Al-Sudani pointed out the existence of "associated gas projects in most fields, and opportunities in the petrochemical industry," adding: "We have a fixed platform project for importing gas funded by the government, and there is a project for liquefied gas export platforms."  LINK

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

Clare:  During a meeting in London BAE Systems offers to open weapons production line in Iraq, Sudani welcomes

1/15/2025

Prime Minister Mohammed Shia al-Sudani welcomed today, Wednesday, the offer submitted by BAE Systems to open weapons production lines in cooperation with the Military Industrialization Authority in Iraq, during his meeting with the company’s delegation at his residence in London.

Prime Minister Mohammed Shia Al-Sudani received today, Wednesday, at his residence in London, a delegation from BAE Systems, headed by the company's CEO, Mr. Charles Woodburn.

The meeting reviewed the nature of the company's work, which specializes in various types of military industries, in addition to its production of cybersecurity technologies and electronic systems, especially since the government is interested in arming the security forces with the latest weapons, from various sources.

During the meeting, possible aspects of cooperation with Iraq were discussed. His Excellency welcomed the offer made by the company’s CEO to open weapons production lines in cooperation with the Military Industrialization Authority in Iraq, as well as to provide services in the field of cybersecurity, especially since the Authority’s law helps establish partnerships with specialized foreign companies and expand technological cooperation with them. LINK

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

Clare: Al-Sudani: I will present the British agreement to the Iraqi parliament

1/15/2025

Prime Minister Mohammed Shia al-Sudani confirmed, on Wednesday, during his meeting with a press delegation, his intention to present the British agreement to the Iraqi parliament upon his return to Baghdad .

The Prime Minister's Office stated in a statement received by Shafaq News Agency that "Al-Sudani received at his residence in the capital, London, a group of senior editors-in-chief of Arab newspapers, opinion writers, and Arab and foreign journalists."

Al-Sudani spoke, according to the statement, about "his official visit to the United Kingdom and his meetings with King Charles III and British Prime Minister Keir Starmer, and the importance and size of the security, economic and development agreements concluded during the visit," stressing that "the bilateral agreement will be presented to the House of Representatives for the purpose of ratification."

Al-Sudani pointed out, "The state of stability and prosperity that Iraq is experiencing despite the political fluctuations witnessed in the region, and the government's success in keeping Iraq out of regional conflicts, while adhering to the principled position regarding the aggression on Gaza and Lebanon."

He pointed out his political vision for the internal Iraqi situation, and his steps to maintain security and stability in Iraq and the region, stressing "Iraq's standing with the Syrian people in facing crises and challenges."

Al-Sudani also touched, according to the statement, on "the government's steps in the field of economic integration," noting "proceeding with electrical interconnection with neighboring countries, and establishing related stations, in addition to cooperation in the fields of real estate development, and building new cities, within a development renaissance planned by the government program and included strategic projects, and creating a transition in the infrastructure on which sustainable development depends."

In his speech, the Prime Minister pointed out "the signing of the contract between Iraq and British Petroleum, which is the largest in the region," stressing "Iraq's move to develop its oil industry, expand the production and export of oil derivatives, invest in Kirkuk fields, and reach full investment in associated gas."  LINK