16 Worst Places To Hide Cash in Your Home

16 Worst Places To Hide Cash in Your Home

By Stacy Garrels

Are burglars already onto your not-so-secret spots?

While digital wallets and contactless payments are taking hold, we still like cold, hard cash. Plenty of us like keeping an emergency stash at home to be prepared for hard times.

However, burglars and sticky-fingered guests know that most people have a hidden wad of bills somewhere. Here are some of the more obvious hiding spots you should avoid to protect your financial fitness in your own home.

Dresser drawers

No matter how well-organized, top dresser drawers can often become a catch-all place for lots of small goods and knickknacks: underwear, hair ties, cufflinks, and rolls of cash. 

People like to sock money away there because it’s out of sight but still in an easy-to-remember location. It’s easy for crooks to remember, too.

Freezer or fridge

Opinions on fridges and freezers are mixed. While some home safety experts think they’re a smart option, many caution against it. Why? If you “think up” this tactic, it’s because you've seen it before in a movie or TV show — just like the bad guys.

Also, during economic downturns, thieves are known to steal food out of fridges and freezers. 

During the Great Recession, I know many people who had crooks break in during the daytime (sometimes while the homeowners were upstairs) and help themselves to milk and meats along with wallets and laptops.

Children’s bedrooms

Sadly, yes. Kids’ rooms are a target ‌for home burglars. The bad guys know kids often have tablets, game consoles, TVs, and iPads. They will rummage through your kids' room looking for cash in addition to pocketing any high-value goods.

Under the mattress or bed

It’s a cliche, but yes, people still tuck money away under their mattresses. Many naive homeowners think the bed is so obvious that no one hides their money there anymore, and that must make it a safe spot. It’s not; it’s one of the first places thieves look.

Toilet tanks

Using your toilet tank is about as cliche and obvious as your mattress. One TV show after another has crooks and good guys using the tank as a place to stash drugs, cash, and other valuables, and it’s one of the most common places thieves search.

TO READ MORE:  https://financebuzz.com/worst-places-hide-cash-at-home

“Tidbits From TNT” Monday Morning 1-20-2025

TNT:

Tishwash:  The President of the Republic heads the participants.. Davos Forum Investment Dialogue and Confidence Building

The World Economic Forum in the Swiss resort of Davos, today, Monday, brings together major global leaders in the fields of economy, technology, politics and society, under the slogan “Cooperation for the Smart Age ”, and continues until January 24, to discuss current economic, technological and environmental issues and ways to find solutions for them.

3,000 prominent figures from more than 130 countries are participating, including many heads of state and government, including the President of the Republic of Iraq, Abdul Latif Jamal Rashid.

There will be strong representation from around the world, across sectors and geographies, to drive dialogue, build trust and catalyze sustainable solutions to common challenges.

The forum will witness the participation of more than 1,600 business leaders, including more than 900 senior CEOs and chairmen of the boards of directors of member companies and partners of the forum, in addition to more than 120 global innovators, technology pioneers and start-ups.

The Davos Forum focuses on five main areas: reimagining growth, industries in the smart age, investing in people, protecting the planet, and rebuilding trust. link

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Tishwash:  Prime Minister's Advisor: Electronic customs declaration prevents smuggling and limits corruption and bribery

 The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Saleh, confirmed today, Sunday, that the electronic customs declaration program prevents smuggling and limits corruption and bribery. While he explained that it facilitates accurate and rapid oversight and review, he pointed out that it reduces costs for importers.

Saleh said in an interview with the Iraqi News Agency, followed by "Al-Eqtisad News", that "the program for developing the electronic customs declaration and its entry into force is an important and positive step towards improving customs performance in particular and enhancing the efficiency of the Iraqi economy in general."

He added that "the adoption of this electronic program for customs declaration represents an important part of the reform efforts branching out from the government program in the field of e-governance and financial and economic reform, which aims to modernize administrative and financial systems, combat corruption, and raise the efficiency of Iraq's foreign trade,"

Noting that "this electronic system provides two important details in customs life in the development of customs policy applications in Iraq, as it is one of the important arms of financial policy in our country, which are: First, reducing human intervention in customs clearance operations, which reduces the opportunities for corruption and bribery."

He continued: “The second provides clear tracking of transactions, which facilitates effective, accurate and rapid customs control and review,” indicating that “the electronic customs declaration program will undoubtedly reduce the time required to complete customs declarations, in a way that supports the movement of trade and reduces the costs that fall on traders and importers. This change in the pattern of customs declarations encourages companies to import and export goods with ease and high speed.”

He explained, "As for customs revenues, the program will contribute to providing accuracy in collecting customs duties in a way that prevents customs evasion, as taxes are a form of important public revenues that the government program seeks to raise within non-oil revenues, in addition to reducing losses resulting from corruption or negligence in collecting related customs duties and taxes, as was previously followed, using manual methods and human intervention."

He pointed out that "the business environment in the national economy gives an advanced signal to investors and traders, and its precise operations should be positively reflected in the reports of multilateral international organizations within the framework of the progress of the business environment in our country, including the World Bank's periodic reports in this regard  link

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Tishwash:  Al-Nusairi: Banks are the lever of sustainable development

Economic and banking advisor Samir Al-Nusairi confirmed, on Sunday, the completion of the Central Bank’s procedures for implementing the goals and initiatives of its third strategy 2024-2026, which is concerned with developing and restructuring the banking sector in accordance with what the consulting and auditing companies that are currently cooperating with the Central Bank and with the government in this field have reached, and that it should not be limited to support, but rather go beyond that to include the banking sector in making economic, financial, banking and investment decisions.

Al-Nusairi spoke about the challenges of the Iraqi economy and the opportunities for reform of the banking sector in the government’s program and the prospects of the Central Bank’s future vision for the role of the banking sector in sustainable development.

In light of the efforts currently being made to activate and revolutionize the productive economic sectors other than oil to diversify sources of national income and achieve financial sustainability, and the role of the Central Bank in regulating foreign trade financing and completing infrastructure projects to achieve comprehensive digital transformation and expand the use of electronic payment tools in achieving financial inclusion.

He explained that the opportunities for reforming and developing the banking sector in 2025 are as follows:

1- Developing the Iraqi banking system and its compliance with international banking and accounting standards.

2- Enhancing citizens’ confidence in the banking sector locally and internationally recognizing its transparency, progress, and strict commitment to international standards and obtaining the confidence of solid correspondent banks to deal with it.

3- Converting banks to their primary function, which is financing and bank lending for development.

4- Banks that do not provide loans and banking facilities that help in development as a lever for sustainable development lose their meaning as banks, which requires a specific position towards them from the Central Bank in 2025.

5- Seeking to move from a cash economy to a digital economy and withdrawing money outside the banking cycle and introducing it into the banking system.

He pointed out that all the above goals, although the period specified for their implementation according to the timetable of the government program and the strategy of the Central Bank ranges between (1-4 years), what was achieved in 2023 and 2024 constitutes about 60% as announced, which led to the evaluation and classification of banks based on their achievement of the planned goals. There are banks that are moving towards the required development and banks that still need an additional period of time to achieve the goals, and there are troubled banks that are now making exceptional efforts from the Central Bank and the administrations of these banks to rehabilitate them.

He added that what concerns us here is the real functional role of banks in providing loans and banking facilities and moving from a banking role to a developmental role. There are two important observations that must be taken into consideration regarding the issue of providing loans and banking facilities to stimulate the economy and development. The first: The nature of banks’ activities depends on the nature of the activities of the economic sectors, and as long as economic activity is focused on trade (imports), banks’ activity remains focused on external transfers and what is related to that, so unless other sectors move (industry, agriculture, tourism, etc.).

It is worth noting that without controlling imports, these sectors will not develop. Second: It is necessary to provide the legal environment and extend the authority of the law in order to control the speculation market in the US dollar on the black market and to eliminate the phenomenon of illegal trade through unofficial outlets.  link

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Mot:  the List Grows as Ya Season - it Does!!! 

Mot: . UH OH !!!!!! 

MilitiaMan & Crew Iraq Dinar News-Corruption $5 Billion Halbousi-New Currency Notes-Cash Economy-WB-WTO-24 Budget

MilitiaMan & Crew Iraq Dinar News-Corruption $5 Billion Halbousi-New Currency Notes-Cash Economy-WB-WTO-24 Budget

1-19-2025

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

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

https://www.youtube.com/watch?v=IvcG7J35O0k

Sunday Night “Humor While We Wait” Posted by Mot at TNT

TNT:

Mot:  ...... Aaaaaaahhhhhh - Pure Marital Bliss it is!!!!

A young couple got married and left for their honeymoon.

When they returned, the bride immediately called her mother.

“How was the honeymoon, sweetheart?” her mother asked.

“Oh, Mum, it was wonderful! So romantic!” the bride gushed. But suddenly, her voice cracked, and she burst into tears.

“What’s wrong, dear?” her mother asked, alarmed.

“Mum, it’s Sam,” the bride sobbed. “As soon as we got back, he started using the most horrible language—words I’d never heard before! Awful, horrible four-letter words! You’ve got to come and get me! Please, Mum!”

Her mother tried to calm her down. “Sarah, take a deep breath. It can’t be that bad. What kind of four-letter words?”

“I can’t say them, Mum,” the bride wept. “They’re so embarrassing! Please just come get me!”

“Darling, you need to tell me what he said. What could be so terrible?”

Through her tears, the bride finally confessed, “Mum, he said words like dust, wash, iron, and cook!”

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Mot:  ..... the husband asked his wife, “What did the doctor say?”

A woman went with her husband to his doctor’s appointment.

After the checkup, the doctor asked to speak with her privately.

He said, “Your husband is suffering from a serious illness, compounded by extreme stress. If you don’t follow these instructions, he’s unlikely to survive.”

The wife listened intently as the doctor continued:

“Each morning, prepare him a healthy breakfast and help him start the day in a good mood. For lunch, make sure he eats a nutritious meal, and for dinner, cook something extra special.

Avoid giving him any chores—he’ll likely be exhausted from work. Don’t bring up your problems, as it will only add to his stress. And lastly, make sure to fulfill his every sexual desire several times a week.”

The doctor concluded, “If you do all this consistently for 10 months to a year, I’m confident he’ll recover fully.”

On the drive home, the husband asked his wife, “What did the doctor say?”

Without hesitation, she replied, “You’re going to die.”

 ************

Mot: . Me Yelling ~~~~at squirrels

Mot: You don’t know cold  

Iraq Economic News and Points to Ponder Sunday Afternoon 1-19-25

The President Of The Republic Heads To Switzerland Tomorrow To Participate In The Meetings Of The World Economic Forum In Davos

Sunday 19 January 2025 17:20 | PoliticsNumber of readings: 222   Baghdad/ NINA / President of the Republic Abdul Latif Jamal Rashid will head to Switzerland tomorrow to participate in the World Economic Forum meetings in Davos./  https://ninanews.com/Website/News/Details?Key=1180927

Central Bank Of Iraq: 95% Of Dollar Sales To Boost Foreign Balances

01/19/2025  Mawazine News – Economy   The Central Bank of Iraq revealed, on Sunday, that foreign remittances constituted more than 95% of its daily sales, with the participation of 6 banks and 19 exchange companies.

According to a statement issued by the bank, its sales in today's auction amounted to 281 million, 623 thousand, and 107 dollars, at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, and 1310 dinars per dollar for foreign remittances, while cash dollars were sold at 1305 dinars per dollar.

The bank indicated that most of the sales, worth 269 million, 823 thousand, and 107 dollars (equivalent to 95.91%), were allocated to strengthening foreign balances through remittances and credits, compared to cash withdrawals, which amounted to only 11 million and 800 thousand dollars.

With regard to the participating banks, the number of banks that purchased cash dollars was only one bank, while 5 banks met requests to strengthen balances abroad.  19 exchange companies also participated in the daily auction.   https://www.mawazin.net/Details.aspx?jimare=258782

Relative Stability Of The Dollar Exchange Rate In The Markets Of Baghdad And Erbil

 01/19/2025  Mawazine News – Economy  The dollar prices stabilized in the markets of the capital Baghdad, while they witnessed a decrease in Erbil, the capital of the Kurdistan Region, with the closing of the stock exchanges on Sunday.

The dollar prices remained stable in the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 150,650 dinars per 100 dollars, the same prices recorded this morning.

Exchange rates also stabilized in the local markets in Baghdad, where the selling price reached 151,750 dinars per 100 dollars, and the buying price reached 149,750 dinars per 100 dollars.

As for Erbil, the dollar prices recorded a decrease, where the selling price reached 150,000 dinars per 100 dollars, while the buying price reached 149,900 dinars per 100 US dollars. https://www.mawazin.net/Details.aspx?jimare=258781

Gold Prices Stabilize In Baghdad

Stock Exchange  Economy News – Baghdad   The prices of "foreign and Iraqi" gold stabilized in the local markets in the capital, Baghdad, today, Sunday, (January 19, 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 577 thousand dinars, and a purchase price of 573 thousand dinars.

The selling price of one mithqal of 21-karat Iraqi gold reached 547 thousand dinars, and the purchase price was 543 thousand.

As for gold prices in goldsmiths’ shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 580,000 and 590,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 550,000 and 560,000 dinars.   https://economy-news.net/content.php?id=52080

Iraq's Oil Exports To America Decline During The Week

Energy   The US Energy Information Administration announced today, Sunday, that Iraq's oil exports to the United States of America decreased during the past week.

The administration said in a table seen by "Al-Eqtisad News" that "the average US imports of crude oil during the past week from 10 major countries amounted to 5.964 million barrels per day, down by 322 thousand barrels per day from the previous week, which amounted to 6.016 million barrels per day."

She added that "Iraq's oil exports to America amounted to 152 thousand barrels per day last week, down by 28 thousand barrels per day from the previous week, which amounted to 180 thousand barrels per day."

The administration also indicated that "the largest oil revenues for America during the past week came from Canada at a rate of 3.985 million barrels per day, followed by Mexico at an average of 362 thousand barrels per day, followed by Saudi Arabia at an average of 333 thousand barrels per day, and from Colombia at an average of 262 thousand barrels per day."

According to the table, "the amount of US imports of crude oil from Venezuela was 240 thousand barrels per day, from Brazil it was 129 thousand barrels per day, from Ecuador it was 103 thousand barrels per day, and from Libya it was 86 thousand barrels per day https://economy-news.net/content.php?id=52078

l-Nusairi: Banks Are The Lever Of Sustainable Development

Banks  Economy News – Baghdad   Economic and banking advisor Samir Al-Nusairi confirmed, on Sunday, the completion of the Central Bank’s procedures for implementing the goals and initiatives of its third strategy 2024-2026, which is concerned with developing and restructuring the banking sector in accordance with what the consulting and auditing companies that are currently cooperating with the Central Bank and with the government in this field have reached, and that it should not be limited to support, but rather go beyond that to include the banking sector in making economic, financial, banking and investment decisions.

Al-Nusairi spoke about the challenges of the Iraqi economy and the opportunities for reform of the banking sector in the government’s program and the prospects of the Central Bank’s future vision for the role of the banking sector in sustainable development.

 In light of the efforts currently being made to activate and revolutionize the productive economic sectors other than oil to diversify sources of national income and achieve financial sustainability, and the role of the Central Bank in regulating foreign trade financing and completing infrastructure projects to achieve comprehensive digital transformation and expand the use of electronic payment tools in achieving financial inclusion.

He explained that the opportunities for reforming and developing the banking sector in 2025 are as follows:

1- Developing the Iraqi banking system and its compliance with international banking and accounting standards.

2- Enhancing citizens’ confidence in the banking sector locally and internationally recognizing its transparency, progress, and strict commitment to international standards and obtaining the confidence of solid correspondent banks to deal with it.

3- Converting banks to their primary function, which is financing and bank lending for development.

4- Banks that do not provide loans and banking facilities that help in development as a lever for sustainable development lose their meaning as banks, which requires a specific position towards them from the Central Bank in 2025.

5- Seeking to move from a cash economy to a digital economy and withdrawing money outside the banking cycle and introducing it into the banking system.

He pointed out that all the above goals, although the period specified for their implementation according to the timetable of the government program and the strategy of the Central Bank ranges between (1-4 years), what was achieved in 2023 and 2024 constitutes about 60% as announced, which led to the evaluation and classification of banks based on their achievement of the planned goals.

There are banks that are moving towards the required development and banks that still need an additional period of time to achieve the goals, and there are troubled banks that are now making exceptional efforts from the Central Bank and the administrations of these banks to rehabilitate them.

He added that what concerns us here is the real functional role of banks in providing loans and banking facilities and moving from a banking role to a developmental role. There are two important observations that must be taken into consideration regarding the issue of providing loans and banking facilities to stimulate the economy and development.

The first: The nature of banks’ activities depends on the nature of the activities of the economic sectors, and as long as economic activity is focused on trade (imports), banks’ activity remains focused on external transfers and what is related to that, so unless other sectors move (industry, agriculture, tourism, etc.).

It is worth noting that without controlling imports, these sectors will not develop. Second: It is necessary to provide the legal environment and extend the authority of the law in order to control the speculation market in the US dollar on the black market and to eliminate the phenomenon of illegal trade through unofficial outlets.   https://economy-news.net/content.php?id=52082

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

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 1-19-25

Good Afternoon Dinar Recaps,

INSIDE TRUMP’S CRYPTO VISION: NATIONAL BITCOIN RESERVE AND EXECUTIVE ORDER IN THE WORKS

President-elect Donald Trump is considering issuing an executive order that makes cryptocurrency a national priority.

President-elect Donald Trump is considering issuing an executive order that makes cryptocurrency a national priority in his return to the White House, Bloomberg said Thursday, noting sources with insights into the plans.

The planned designation would encourage federal agencies to engage with the cryptocurrency industry, which has grown as one of major issues over the latest presidential cycle.

One of the most noteworthy points reportedly under discussion is the review of digital asset policies and potentially suspension of legal actions targeting high-profile companies like Coinbase and Ripple.

Trump is Here…

Under the current administration, the Securities and Exchange Commission (SEC), a key regulatory body for the crypto industry, has initiated over 100 enforcement actions against digital asset firms in the US.

These actions come despite ambiguous regulatory frameworks, prompting several companies to exit the market. The industry sees halting these legal actions as a top priority, as ongoing litigation has caused uncertainty and challenges for those operating in the crypto space.

According to a recent report from Reuters, the SEC is likely to review and possibly freeze litigation involving crypto firms that does not include fraud allegations following Trump’s inauguration.

The change, which may come with the expected leadership overhaul at the SEC, potentially affects existing securities law violation cases against crypto companies.

The executive order will also likely order the establishment of a crypto advisory council, a Trump-proposed body dedicated to advising the administration on crypto-related policy matters. The council is aimed at giving industry insiders a platform to voice their concerns, priorities, and recommendations directly to policymakers.

Trump’s team has been in discussions with crypto executives to shape these policies. David Sacks, appointed as Trump’s AI and crypto czar, has reportedly been working closely with industry leaders to develop a legislative agenda for the industry.

Nation Bitcoin Reserve Proposal under Consideration

One of the most anticipated proposals under discussion is the establishment of a US Bitcoin reserve, which may be included in the executive order on day one. Trump has pledged to create a national Bitcoin stockpile if elected.

While it’s still unclear how a Bitcoin reserve under Trump would look like, experts caution that implementing it through an executive order does not assure its lasting existence.

According to the New York Digital Investment Group (NYDIG), a Bitcoin reserve established through legislative action, like the BITCOIN Act, would have a better chance of enduring beyond any single administration, though the process to make it law could be lengthy.

The US government currently holds 198,109 BTC seized from the notorious Silk Road crackdown. At a current price of $101,000, the Bitcoin stash is worth over $20 billion. If Trump proceeds with the Bitcoin reserve plan, the Bitcoin holdings would be added to the strategic asset for the nation.

Advocates believe that establishing a Bitcoin reserve could alleviate national debt and enhance America’s economic position if cryptocurrencies gain global prominence.

Altcoin Reserve Speculation

The New York Post reported Thursday that there may be more than just a Bitcoin national stockpile.

Trump has held several meetings with industry leaders and project founders since his election victory. The President-elect is reported to have been “receptive” to the concept of making a strategic reserve that incorporates the U.S.-originated altcoins like Solana (SOL), Ripple (XRP), and USD Coin (USDC).

Companies behind these projects have yet to comment on this matter, but crypto figures and community members see the altcoin reserve as a step back. David Bailey, BTC Inc CEO, outright rejects the idea as “fake news” and labels XRP “Kamala coin.”

Almeida, co-founder of Orquestra, expresses strong disappointment, suggesting that the move would severely damage the credibility of whoever made the decision, while Mike Dudas, The Block’s co-founder, says the idea is incredibly foolish and disastrous.

@ Newshounds News™

Source:  Blockonomi

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CRYPTO.COM EXCHANGE SECURES ‘IN-PRINCIPLE’ MICA LICENSE, PAVING THE WAY FOR FULL EUROPEAN UNION APPROVAL

The Singapore-based exchange Crypto.com has secured an “in-principle” license to operate under the European Union’s new digital asset regulatory framework.

Crypto.com bills itself as the “first major global crypto asset service provider” to receive a Markets in Crypto Assets (MiCA) approval.

MiCA is new EU legislation that establishes rules covering the supervision, consumer protection and environmental safeguards of crypto assets.

The regulatory framework, which took effect in December, includes measures that aim to reduce financial crimes including market manipulation, money laundering and terrorist financing. It also places stablecoin issuers under the European Banking Authority and requires them to hold sufficient liquid reserves.

The in-principle license paves the way for full regulatory approval, which would enable Crypto.com to provide a full range of digital asset services across the EU.

Eric Anziani, the exchange’s president and chief operating officer, says the EU is “a growing and vital hub for crypto investment.”

“We have always been fully supportive of MiCA and strongly believe it will bring clarity, transparency, and establish a more streamlined sentiment towards the regulation of our industry across the EU, all of which adds to the building confidence in the crypto sector.”

The exchange also continues to expand its services in North America: Last month, Crypto.com announced plans to offer custody services for high-net-worth individuals and institutions in the US and Canada.

@ Newshounds News™

Source:  DailyHodl

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XRP LAWSUIT NEWS: RIPPLE’S FIGHT WITH SEC FACES NEW TWIST AS TRUMP PROMOTES MEME COIN

As President-elect Donald Trump prepares to take office on Monday as the 47th president of the United States, he has made a surprising move by launching his own cryptocurrency, the $TRUMP coin.

Despite his previous hesitations about cryptocurrency, Trump had expressed his belief that America would become “the crypto capital of the planet” once he returned to Washington.

The timing of the launch has raised some eyebrows. Critics have accused Trump of capitalizing on his imminent presidency to profit from the popularity of cryptocurrencies, particularly meme coins.

However, some experts are focusing on how this move could have an impact on ongoing legal battles in the crypto space, particularly the high-profile lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC).

Ripple Lawsuit: Could Trump’s $TRUMP Coin Affect the Case?

Attorney Bill Morgan recently discussed the implications of Trump’s actions on the Ripple lawsuit. Morgan pointed out that the appeal of Judge Torres’ finding against Ripple’s fair notice defense is now looking more promising.

For context, the SEC has been pursuing legal action against Ripple, claiming that the company’s sale of XRP violated securities laws. However, Ripple argues that it had no clear notice that its sales of XRP were subject to SEC registration requirements.

Morgan drew attention to Trump’s stance on the issue of cryptocurrencies and investment contracts. While Trump has issued and promoted the $TRUMP meme coin, he does not believe that such tokens should be classified as investment contracts that require SEC registration.

This is a key issue in the Ripple lawsuit, where the SEC argues that XRP should be treated as a security, while Ripple maintains that it is a digital asset.

Given that Trump has issued a speculative meme coin without adhering to the traditional regulatory frameworks that the SEC enforces on other tokens, Morgan questioned how the SEC v. Ripple case could continue under these circumstances. He said that Ripple’s sales of XRP, like the promotion of $TRUMP, did not involve any post-sale obligations, which is a point of contention in the Ripple case.

@ Newshounds News™

Source:  Coinpedia

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BRICS NEWS: 2 COUNTRIES READY TO DITCH SWIFT AND LAUNCH NEW PAYMENT SYSTEM

BRICS members Russia and Iran want to abandon the Western-dominated payment messaging system SWIFT. The two countries aim to launch a new payment system as an alternative to the SWIFT mechanism. The sanctioned nations are working towards the formation of a new payment system that will completely get rid of the US dollar for cross-border trade and transactions.

SWIFT is controlled by the US making BRICS and other developing countries use the messaging system for financial transactions. The US dollar, Euro, and Pound are the most used currency for settlements around the world. Ending reliance on SWIFT will strengthen local currencies and become the de facto currency for trade.

BRICS: Russia & Iran Ready To Ditch SWIFT After Launching New Payment System

Russia is working closely with its BRICS counterpart Iran to ditch SWIFT and launch a new payment system for transactions.

Details on the formation of the payment mechanism are kept under wraps by the two nations. The work on the financial messaging channel remains confidential until further notice from Russia and Iran.

“The situation in banking and currency cooperation has significantly improved. At the moment, we are working on a confidential financial messaging channel to completely get rid of SWIFT.

 can call 2025 the year in which financial issues in Russian-Iranian relations will be resolved,” said Iranian Ambassador to Russia Kazem Jalali. Other BRICS countries could begin using the new payment system and end their dependency on SWIFT.

The development could usher into a new financial era between Russia and Iran and ditch the Western-dominated payment systems. The BRICS alliance could end up creating an alternative to SWIFT and convince other developing countries to use it. The US dollar will be the hardest-hit currency when the development plays out.

@ Newshounds News™

Source:  Watcher Guru

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News, Rumors and Opinions Sunday Afternoon 1-19-2025

KTFA:

Iraq issues new banknotes with innovative security features for the visually impaired.. Photos

1/19/2025

The Central Bank of Iraq has unveiled the security marks of the circulating banknotes, with the aim of educating the public, as well as companies and commercial banks that deal with these banknotes on a daily basis. 

The Central Bank reviewed these improved security features, through a technical bulletin, which was received by Shafak News Agency, indicating the introduction of prominent features on the new banknotes to enable the visually impaired to identify the banknote denominations by touch.

The Central Bank of Iraq confirmed that the new banknotes will be circulated alongside the old ones, and there will be no intention to withdraw the old banknotes from circulation.

The bank explained that its main objectives are to maintain the stability of domestic prices and ensure a financial system based on a stable competitive market, and it also aims to promote sustainable growth, job opportunities, and prosperity in Iraq.

The Central Bank of Iraq reviewed the distinction of Iraqi banknotes, which are among the most complex security features, and are manufactured from the best types of paper used in printing banknotes to ensure quality and security.

The bank stressed that any attempt to manufacture, possess or pass counterfeit banknotes is a criminal act punishable by law, calling for any counterfeit banknotes to be handed over to the police and the Central Bank of Iraq.

The headquarters of the Central Bank of Iraq is located in the center of the capital, Baghdad, and it has three branches in the cities of Basra, Mosul, and Erbil within the Kurdistan Region.

See many pictures at link :  LINK

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

Militia Man  Amendment 12 second C component of the [budget] they haven't exposed yet publicly.  Why?  They haven't exposed their exchange rate yet.  That's my view.

MarkZ   [via PDK]  I believe we are in the final days before we get the final flip or switch or change of the purchasing power of the dinar.

Mnt Goat   Article: “CENTRAL BANK RENEWS DIRECTIVE TO SPREAD AND EXPAND FINANCIAL SERVICES AND ATMS”  Why are these ATMs so important to our investment in the Iraqi dinar? They are important because the CBI told us they are an integral part of the Project to Delete the Zeros.

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BUFFETT’S ALARM: Market Valuations Explode Past GDP as Collapse Nears

Taylor Kenny:  1-19-2025

The stock market has never been more overvalued, as the Buffett Indicator soars to a staggering 200%, double what it was during the dot-com bubble. This everything bubble signals that a painful crash is imminent, with fallout expected to ripple through the economy. Learn how to protect yourself and your wealth before it's too late.

CHAPTERS:

00:00 - The most overvalued market in history

00:39 - What is the Buffett Indicator?

01:56 - Comparing today to 2008 and 2000

02:37 - What’s driving the bubble?

05:23 - Years of low interest rates fueling unsustainable growth

08:26 - The fallout of a bursting bubble

 10:01 - How to protect your wealth before it’s too late

11:40 - Final thoughts and getting your strategy in place

https://www.youtube.com/watch?v=UrGgNn4_ECU

Here's How The Systemic Financial Crisis Goes Down | John Rubino

Here's How The Systemic Financial Crisis Goes Down | John Rubino

Liberty and Finance:  1-18-2025

John Rubino highlights the growing risks within the homeowners insurance sector, suggesting it could trigger a broader financial collapse.

 Insurance companies are struggling to stay profitable as natural disasters become more frequent and costly, while civil unrest adds further strain on property coverage.

 Rubino warns that the economy is fragile, over-leveraged, and could face a more severe recession than the last one. He argues that inflation is a significant policy error and the reverse wealth effect could slow economic growth.

Insurance, he concludes, is crucial for a stable economy, but current trends are jeopardizing its viability.

INTERVIEW TIMELINE:

0:00 Intro

01:55 The Role of Homeowners Insurance

05:10 Insurance Companies and Natural Disasters

09:54 Economic Implications of Insurance Risks

13:43 Civil Unrest and Its Impact on Insurance

 20:11 The Growing Cost of Natural Disasters

25:17 The Fragility of the Financial System

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

Iraq Economic News and Points to Ponder Late Saturday Evening 1-18-25

Iraq's Internal Debt Between Security Crises, Oil And The Pandemic

Time: 2025/01/18 10:46:25 Read: 1,495 times   {Economic: Al Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Salih, explained today, Saturday, that the roots of the increase in internal debt in Iraq go back to two stages over a decade.

The first stage was linked to the security/financial crisis that occurred during the war on ISIS terrorism, and the accompanying drop in oil prices to levels in which a barrel of oil lost about 60% of the value of its estimated revenues.

Saleh added in his statement to {Euphrates News} that “the impact of this decline was reflected in the revenues of the general budget, in which oil revenues constitute nearly 90% of the total revenues, and that the internal debt is from treasury transfers whose repayment period is one year with an average interest rate ranging between 4 to 5%, in addition to a small portion of other bonds with different repayment periods, all of which are issued by the Ministry of Finance, and followed exclusively by government banks in most cases.”

He pointed out that "the scene was repeated in the second phase, as the domestic debt increased again between 2020 and 2021 due to the financial crisis resulting from the decline in oil prices by almost the same percentage, which coincided with the Corona pandemic (Covid-19) crisis and the closure of the global economy, which was called at the time (the financial/health crisis)." LINK

Iraq Looks Forward To Enhancing Bilateral Cooperation Under The Next US Administration

Time: 2025/01/18 19:16:43 Read: 728 times   {Local: Al Furat News} Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, received today, Saturday, the new Chargé d'Affaires of the US Embassy in Baghdad, Daniel Rubinstein.

A statement by the Foreign Ministry, a copy of which was received by {Euphrates News}, stated that: “At the beginning of the meeting, Hussein offered his congratulations to Rubinstein on the occasion of his assuming his new duties, where he stressed the depth of Iraqi-American relations, while expressing Iraq’s aspiration to enhance bilateral cooperation under the next American administration.”

He added, "The meeting witnessed in-depth discussions on bilateral relations between the two countries, in addition to reviewing regional conditions, especially the situation in Syria. The two sides also touched on current political developments and the pivotal role played by Western countries, primarily the United States, in the course of events inside Syria."

He added, "The two parties also discussed the outcomes of the Riyadh Conference on Syria, which witnessed the participation of the US Under Secretary of State, and stressed the importance of following up on the recommendations that emerged from the conference."

At the end of the meeting, Hussein stressed "the importance of strengthening cooperation between Iraq and the United States in a way that serves common interests and contributes to achieving regional stability."  LINK

UN Representative Explores Nasiriyah Marshes on River Tour

Number of readings: 97 Saturday 18 January 2025 19:22 | Economic  Baghdad / NINA / The Special Representative of the Secretary-General of the United Nations in Iraq, Head of the United Nations Assistance Mission (UNAMI), Ambassador Mohammed Al-Hassan, conducted an exploratory river tour in the Nasiriyah marshes today, Saturday, accompanied by the Minister of Water Resources, Aoun Diab, and the dismissed Governor of Dhi Qar, Murtada Al-Ibrahimi. / End 5
https://ninanews.com/Website/News/Details?key=1180774

UN Representative Explores Nasiriyah Marshes On River Tour

Number of readings: 97 Saturday 18 January 2025 19:22 | Economic   Baghdad / NINA / The Special Representative of the Secretary-General of the United Nations in Iraq, Head of the United Nations Assistance Mission (UNAMI), Ambassador Mohammed Al-Hassan, conducted an exploratory river tour in the Nasiriyah marshes today, Saturday, accompanied by the Minister of Water Resources, Aoun Diab, and the dismissed Governor of Dhi Qar, Murtada Al-Ibrahimi. / End 5

https://ninanews.com/Website/News/Details?key=1180774

Basra Crude Records Weekly Gains Of $8.24

Economy  |Mawazine News – Baghdad  Basra crude prices recorded weekly gains of $8.24. The prices were as follows:

Basra Heavy crude closed down 95 cents at $78.43 in its last session, posting weekly gains of $8.24, or 11.74%. Basra Medium crude also closed down 95 cents at $81.68 in its last session, posting weekly gains of $4.92, or 6.41%.   https://www.mawazin.net/Details.aspx?jimare=258711

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

Seeds of Wisdom RV and Economic Updates Sunday Morning 1-19-25

Good Morning Dinar Recaps,

SENATOR INTRODUCES BILL TO CEMENT TEXAS AS THE FIRST STATE WITH A BITCOIN RESERVE

Texas aims to lead the digital revolution with a groundbreaking “Strategic Bitcoin Reserve Act,” securing economic resilience and innovation through state-managed bitcoin integration.

Texas Proposes Strategic Bitcoin Reserve to Revolutionize State Finances

Texas State Senator Charles Schwertner has introduced Senate Bill 778, known as the “Texas Strategic Bitcoin Reserve Act,” to establish a state-managed bitcoin reserve. Schwertner emphasized the significance of this initiative on social media platform X on Jan. 15, stating:

It’s time for Texas to lead the way in establishing a Strategic Bitcoin Reserve. That’s why I filed SB 778, which, if passed and signed into law, would make Texas the first state in the nation to establish a Strategic Bitcoin Reserve.

“This would position our state at the forefront of the digital economy, driving growth and securing economic freedom for our great state!” he added.

The bill outlines measures for the secure management of bitcoin within the state treasury, administered by the Texas Comptroller. Provisions include the use of “cold storage” for secure custody, regular audits, and policies ensuring transparency and best practices in digital asset management. Residents and organizations would be allowed to donate bitcoin to the reserve, with acknowledgment certificates available for contributors. 

The legislation highlights bitcoin’s potential to hedge against inflation, strengthen financial resilience, and foster innovation in digital finance. Regular reporting would keep the public informed of the reserve’s status and performance.

If enacted, the Texas Strategic Bitcoin Reserve Act would position the state as a leader in the digital economy. The bill also establishes protocols for bitcoin transactions, limiting them to emergency or legislative-approved scenarios to maintain oversight and accountability.

An advisory committee would provide recommendations on the reserve’s operations and security.

Senator Schwertner’s initiative underscores Texas’s vision of promoting economic freedom and growth through strategic digital asset integration. The act will take effect immediately with a two-thirds legislative vote or on Sept. 1 otherwise.

The push for state-level bitcoin reserves comes amid a broader trend of legislative interest in digital assets. President-elect Donald Trump has floated the idea of a national strategic bitcoin reserve, suggesting its potential to enhance U.S. financial leadership. Similarly, U.S. Senator Cynthia Lummis has proposed legislation to establish a strategic bitcoin reserve.

@ Newshounds News™

Source:  Bitcoin News

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WYOMING AND MASSACHUSETTS JOIN GROWING LIST OF STATES CONSIDERING BITCOIN RESERVES

State Bitcoin reserve momentum is still growing, while Coinbase backed the idea of a federal BTC stockpile for the first time publicly.

Wyoming and Massachusetts have joined the expanding number of U.S. states that may soon vote on establishing Bitcoin reserves, with representatives from both states submitting draft legislation supporting the initiative on Friday.

In Wyoming, a group of five Republican legislators submitted a bill that would permit the state treasurer to invest public funds in Bitcoin, but no other digital assets.

In recent weeks, other states have put forth slightly more permissive bills, which would in some cases allow states to invest in stablecoins and other cryptocurrencies that surpassed $500 billion in market capitalization—though as of this writing, Bitcoin is the only asset that meets that requirement.

Wyoming’s bill is also more restrictive in another regard: It would only permit its treasurer to invest 3% of a given state fund in Bitcoin. Proposed legislation in other states, such as Pennsylvania and Oklahoma, would allow for investments in digital assets to make up 10% of similar public funds.

Meanwhile, in deep blue Massachusetts, a lone Republican state senator proposed a bill on Friday proposing the establishment of a Bitcoin strategic reserve. 

That act, submitted by Peter Durant, is more permissive than Wyoming’s, and would allow for up to 10% of Massachusetts’ rainy day fund to be comprised of Bitcoin or any manner of digital asset.  

At this point, nearly one-fifth of all U.S. state legislatures are poised to soon formally weigh whether to invest public funds in Bitcoin and other cryptocurrencies. Every such proposal has been submitted in the aftermath of Donald Trump’s re-election in November, by Republicans.

Trump, long a crypto skeptic, abruptly changed tack on the campaign trail this year after being a noted Bitcoin critic in the past. In July, onstage at a Bitcoin conference in Nashville, he called for the federal government to establish its own Bitcoin stockpile.

The chorus for such initiatives is rapidly gaining momentum. On Friday afternoon, Coinbase CEO Brian Armstrong publicly called for the creation of a U.S. Bitcoin strategic reserve for the first time.

“The next global arms race will be in the digital economy, not space,” Armstrong said in a company blog post. “Bitcoin could be as foundational to the global economy as gold and will become central to national security in a world where holdings of Bitcoin can shift the balance of power among nation states.”

@ Newshounds News™

Source:  Decrypt

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DORA REGULATIONS KICK IN: A NEW ERA FOR CRYPTO IN THE EU

Cryptocurrency firms operating in member states of the European Union will be required to beef up their cybersecurity and risk management as the economic bloc implements a new regulation.

EU authorities recently announced that the Digital Operational Resilience Act (DORA) took effect on January 17, a comprehensive and harmonized regional regulatory framework that will govern the digital operational resilience of financial institutions and crypto firms in member nations.

The New Regulation

EU authorities consider the DORA policy as a crucial step to enhance the digital operational resilience framework of financial institutions operating in the countries that are part of the regional bloc, saying that the new regulation aims to address the inconsistencies and gaps in the cyber risk management within the bloc.

The DORA regulation does not only apply to financial institutions and banks because it also covers crypto-asset service providers, insurance companies, investment firms, and management companies.

Cryptocurrency businesses in the European Union are subject to new cybersecurity regulations as DORA takes effect on January 17.

How Will It Impact VASP?

Analysts see that the cybersecurity and resilience practices of virtual asset service providers (VASP) in the European bloc will be greatly affected by the imposition of DORA.

Legal intelligence JD Supra stated that one of the provisions under the new EU rule is developing and reviewing ICT third-party risk management strategies such as having mandatory provisions in contracts with ICT service providers and “a registry of information documenting all existing contractual arrangements.”

This DORA provision would affect VASPs in the region because financial entities in the EU will be compelled to have a comprehensive register of their contractual arrangements with third-party IT service providers.

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An official of the crypto exchange Gemini believes that DORA is essential to improve the financial sector’s operational resilience against ICT-related risks.

“In readiness for DORA, we have implemented a Digital Operational Resilience Strategy, an ICT risk management framework, ensured clear governance structures, and adopted best practices to ensure the continuity, security and resilience of our services,” Gemini head of Europe Mark Jennings explained.

Expanding MiCA Rule

Crypto analysts said that the new EU regulation is seen to expand the Markets in Crypto-Assets Regulation (MiCA), saying that the goal of DORA is to enhance the resiliency of crypto firms against disruptions and cyberattacks, protecting investors and boosting market integrity.

An executive of the crypto infrastructure firm MoonPay said that the new regulation would have a considerable impact on MiCA-licensed crypto companies.

“All crypto asset service providers licensed under MiCA are subject to the DORA requirements,” MoonPay’s deputy general counsel and head of Ireland Matt Sullivan said.

Sullivan revealed that their crypto infrastructure firm is already taking steps to become a DORA complaint entity. MoonPay got its MiCA license from the Dutch Authority for the Financial Market only last December 30, 2024.

A Challenge To Small Service Providers

Wormhole Foundation general counsel Cathy Yoon said that VASPs can deal with the provisions of DORA and have more likely implemented strict cybersecurity measures to maintain their compliance with the new regulation.

However, Yoon worried that startups and smaller service providers might find it difficult to get their DORA compliance.

“Taking a proactive approach to security and building out cybersecurity measures in line with DORA may have significant implications for smaller service providers, especially startups with limited capital to comply with DORA,” Yoon said.

@ Newshounds News™

Source:  Bitcoinist

~~~~~~~~~

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Thank you Dinar Recaps

The Key To Our Freedom

The Key To Our Freedom

The Final Wakeup Call by Peter B Meyer

The key to our freedom

For The Whole World To See! Exposing The ‘Khazarian’ Mafia

The Shocking Truth

The story of what is about to happen is the biggest news story in the history of the human race on the planet Earth..

 The Deep State Cabal oppressors with their criminal puppets and phony stories of debt banking, inside jobs, mass murders, mass surveillance, terrorist attacks, plane crashes and religious deception are falling apart.

 More than 13 centuries of elite-led misinformation will soon come to an end.

• Disclosure means LIGHT and change for the healing of humanity and our planet.

 People, inside and outside governments, are beginning to speak the truth with more energy, clarity and less fear than ever before in human history. Their words are being heard, preserved and multiplied beyond the reach of our oppressors.

Many things will come to light to see the world in a different light, the revelation of these truths will show how humanity has been deceived.

 Many historical facts will be examined to find the exact truth.

 TO READ MORE:  https://finalwakeupcall.info/en/2025/01/17/the-key-to-our-freedom/

“Bits and Pieces” in Dinarland Sunday AM 1-19-2025

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 Sun. 19 Jan. 2025

Compiled Sun. 19 Jan. 2025 12:01 am EST by Judy Byington

Global Currency Reset:

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

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 (allegedly) 2 or 3hrs after the inauguration on Mon. 20 Jan.

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

Sat. morning 18 Jan. 2025 CMKX Holders expecting notification within 72 hours

Tues. 21 Jan. 2025 US reaches it’s debt limit, Trump has to do something to fund the government.

Thurs. 16 Jan. 2025 MarkZ: “My Asian Contact said he was expecting the RV on Tues. 21 Jan. or Wed. 22 Jan.

Thurs. 16 Jan. 2025 Bruce: The Green Light has been given. The RV is supposed to be released overnight tonight to Bond Holders. Today the Iraqi Dinar was (allegedly) on the Forex and trading upward. Tier4b (us, the Internet Group) should be notified to set appointments before Mon. 20 Jan. and can (allegedly) ask for the higher Dinar Contract Rate which appears to be based on the price of oil. Banks have (allegedly) had the new US Note in stock for over a year and a half and will be(allegedly)  releasing it.

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

Sat. 25 Jan. 2025 Jon Dowling: On Monday it gets lit! XRP may (allegedly) go between $10-100 by Monday, based on an executive order by President Trump. This includes an EO for the Dinar! Monday changes the game for everything! They will (allegedly) implement Nesara, with half of the government trying to resist Trumps incoming. And a full audit of the Fed will occur so that the country and the world can see that the emperor truly has no clothes!

Fri. 17 Jan. 2025: The RV and Military Operations: Behind the Scenes – The Signing of a Historic Treaty by 209 Countries Aims to Redefine Global Currencies! Trust the Plan! – amg-news.com – American Media Group

Read full post here:  https://dinarchronicles.com/2025/01/19/restored-republic-via-a-gcr-update-as-of-january-19-2025/

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

Militia Man  I'm on pins and needles because what we're seeing is realtime data, it's no joke.   Iraq is effectively going international...

Frank26  The budget needs the new exchange rate.  It's that simple...

Bruce  [via WiserNow]  One of the major banks, that's kind of international bank that is over international redemption centers, is indicating that...we Could be notified...prior to Monday...Now, if it doesn't happen and we see it on this on the 21st which is Tuesday, then so be it.

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Germany Currency Revalue vs Iraqi Dinar Adjustment

Edu Matrix:  1-19-2025

Germany Currency Revalue vs Iraqi Dinar Adjustment - Discover how Germany and Iraq transformed their currencies after major crises—Germany after World War II and Iraq post-2003 invasion.

Learn about the Deutsche Mark's role in Germany's "economic miracle" and the Iraqi Dinar's reform amidst ongoing challenges. A fascinating comparison of economic recovery and currency stabilization.

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

“Tidbits From TNT” Sunday Morning 1-19-2025

TNT:

Tishwash:  Parliamentary Finance to Nina: Parliament will first approve the amendment to the budget law, then its schedules

The Parliamentary Finance Committee confirmed that the Council of Representatives will first approve the draft amendment to the General Budget Law, followed by the approval of the budget schedules later.

Member of the committee, MP Moeen Al-Kazemi, stated to the National Iraqi News Agency / NINA / that "the draft amendment to the General Budget Law relates to resuming oil exports from the Kurdistan Region fields at a cost of $ 16 per barrel instead of $ 6, and this is within the jurisdiction of the Ministry of Oil and the Prime Minister's advisors," noting that "the Ministry of Finance is not aware of the technical details related to this."

He explained that "the Finance Committee sought to mature and clarify the feasibility of the draft amendment to the law to the representatives, in order to pass the amendment to the text of Article 12, Second C of the General Budget Law."

He added, "The texts of the three-year budget 2023-2024-2025 are completely fixed except for the text that the government submitted an amendment to, and therefore the government decided to wait for the House of Representatives to ratify Article 12, Second C, to enable it to calculate the cost required to extract and transport oil from the fields of the Kurdistan Region," indicating that "the House of Representatives will first ratify the draft amendment to the General Budget Law and then proceed to ratify the budget tables later."

The House of Representatives is scheduled to hold its regular session this afternoon, Sunday, and its agenda includes voting on the draft first amendment to the Federal General Budget Law for the fiscal years 2023-2024-2025 No. 13 of 2023. link

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Tishwash:  Iraq tells US it looks forward to strengthening cooperation with America under Trump

 On Saturday, Foreign Minister Fuad Hussein informed the United States of Iraq's aspiration to enhance bilateral cooperation under the upcoming US administration headed by Donald Trump.

This came during the Foreign Minister's reception of the new Chargé d'Affaires of the US Embassy in Baghdad, Daniel Rubinstein, according to a statement received by Shafaq News Agency.

At the beginning of the meeting, Hussein congratulated Rubinstein on assuming his new duties, and while stressing the depth of Iraqi-American relations, he expressed Iraq's aspiration to enhance bilateral cooperation under the next American administration.

The meeting witnessed in-depth discussions on bilateral relations between the two countries, in addition to reviewing regional conditions, especially the situation in Syria. The two sides also touched on current political developments and the pivotal role played by Western countries, primarily the United States, in the course of events inside Syria, according to the statement.

According to the Iraqi statement, the two parties discussed the outcomes of the Riyadh Conference on Syria, which witnessed the participation of the US Under Secretary of State, and stressed the importance of following up on the recommendations that emerged from the conference.

At the end of the meeting, Hussein stressed the importance of strengthening cooperation between Iraq and the United States, in a way that serves common interests and contributes to achieving regional stability  link

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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

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Mot: Sitting in Grandpas chair  

Mot: ... so much to do!!!!