St. Patrick’s Day Coffee with MarkZ. 03/17/2025

St. Patrick’s Day Coffee with MarkZ. 03/17/2025

It appears Mark has been taken off youtube for a week. So try Rumble and Twitch this week to find him

The rolling chat does not work well on Rumble…so cannot always post member questions or comments…  Notes may be very short this week.

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

MZ: Mr. Cottrell is supposed to be here today……but we will not be back on youtube until Friday or Saturday.

MZ:  There are a lot of expectations for later today and tomorrow on the bond side. Most are looking at the 18th. I will post if I get any confirmations……Remember no more Monday night podcasts.

MZ: There are rumblings in some of the “Currency Groups” trying to buy up currency from other smaller groups. Not sure where the funds are coming from…..but there seems to be a mad dash right now to consolidate. I am trying to get more information but this could be a huge sign.

MZ: There is no way (IMO) that they would spend those dollars unless they believe they would shortly get them back. This is good news from the currency side of this.  

MZ: in Iraq:  “The Iraqi Economy –Challenges and opportunities in light of global financial transformations” They are letting us know the great success they are having in going digital and their standing with the international community and foreign exchanges. The government is working tirelessly to reduce dependence on the US dollar. And they are promoting the use of the Iraqi dinar for financial transactions.

MZ: De-dollization is strengthening the value of the Iraqi dinar. They are telling us what they are doing.

MZ: “The government is preparing to approve the 2025 budget-Sudanese advisor reveals details”  They say it will be submitted before Ramadan ends.  Before Eid Al Fitr.

MZ: I have so many sources in Iraq saying the reason they have delayed it is because there is a new rate in it. This does make sense.

MZ: “Al Rafidain announces the collection of 6 trillion dinars electronically during 2024” This is more about the digital transformation and the economic “white papers” …and the goal is to increase the purchasing power of all Iraqi’s.

MZ: “Erbil hands Baghdad  48 billion dinars  in non-oil revenue”  This was just for the past month as they pound out the last of the HCL agreements.

MZ: Here is a fun one: “ US and Vietnam sign $4 Billion energy and minerals deals” And the US and the World bank are pushing Vietnam to increase their exchange rate. It certainly looks like Vietnam is becoming front and center in Asia. I enjoyed this

MZ: Here is a bank story….that’s not a bank story. “My son is in Blue Ridge, GA hiking and fishing this weekend. They got a hotel because of the horrible weather coming through last weekend. While they were packing up to leave they got to talking with a couple. The man is a banker in Atlanta. My son said my dad follows the Iraqi dinar…do you think it will ever be worth something or is my dad crazy? ..and to make a long story short….the banker said “Your dad is not crazy. He is very smart and it is definitely a good investment. I didn’t think much about it until 5 months ago….but your dad is very smart. “

MZ: There are more and more stories from active bankers over the last few months that tell me “To Prepared”

MZ: I will see if I can get a farm claims contact and a Bond attorney to come on and do a recorded call. It is very dangerous for them…but if they will…I will let you know.

Mr. Cottrell joins the stream today. Please listen to replay for his 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

https://www.twitch.tv/theoriginalmarkz

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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!

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

https://rumble.com/v6qrxh6-coffee-with-markz.-03172025.html?e9s=src_v1_upp

“Tidbits From TNT” Monday 3-17-2025

TNT:

Tishwash:  Iraq: Top 5 Arab economy in 2024

Five Arab countries, including Iraq, accounted for 72% of the region’s GDP, which surpassed $3.6 trillion in 2024, according to a new report from the Arab Investment & Export Credit Guarantee Corporation ("Dhaman") released on Sunday.

The UAE, Saudi Arabia, Egypt, Iraq, and Algeria emerged as the leading contributors to the Arab economy, the report showed.

The forecast for 2025 suggests a 4.1% growth in the Arab economy, driven by strong performances in 14 countries, including nine oil producers, which together make up around 78% of the total GDP.

Despite economic challenges, the analysis highlights a boost in oil and gas export revenues, though crude oil production dropped by 4%, with uneven growth across the region.

Iraq continues to play a central role in the Arab economy, with its reliance on oil exports alongside government efforts to diversify income sources and increase investments in other sectors.

Per capita income in the Arab world reached $7,557 in 2024, with a modest increase expected to $7,602 in 2025. The population surpassed 467 million, growing by 2%.

Inflation in the region climbed to 12% last year, but is expected to ease to 8.5% in 2025. Unemployment rose to 9.7%.

Arab foreign trade saw a 3.6% increase, reaching $3.3 trillion, thanks to a 1% rise in exports and a 7% jump in imports.

Foreign exchange reserves across Arab countries grew by 3.7%, reaching $1.2 trillion, enough to cover imports for more than eight months.

The region's government debt decreased to 48.3% of GDP, with further reductions expected, dropping to 47.6% in the coming year.  link

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

Tishwash:  To reduce speculation, a Sudanese advisor reveals a new monetary strategy.

The Prime Minister's economic advisor, Mazhar Mohammed Saleh, revealed a new monetary strategy Sunday evening that seeks to reduce speculation.

Saleh said in a statement to Al-Furat News that: "A new monetary strategy aims to gradually attract foreign exchange transactions to the officially regulated banking system."

He explained that "this strategy focuses on expanding the base of buying and selling foreign currency at fixed and stable rates, in line with the current monetary policy."

Saleh emphasized that "these steps coincide with enhancing the freedom of the foreign exchange process, with a high commitment to transparency and money governance in line with international standards."

He pointed out that "this strategy is being implemented in an organized and precise manner by the Iraqi banking system, and specifically targets large transfers, especially those related to financing wholesale trade."

Saleh also pointed out "the importance of stimulating electronic banking transactions to reduce cash circulation, which contributes to feeding the parallel market with cash dollars, thus reducing speculative operations that take place outside the framework of the law."  link

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

Tishwash:  Rafidain: Electronic collection amounts jumped to more than 6 trillion dinars in 2024.

Rafidain Bank announced record growth in electronic tax settlements for government departments' accounts during 2024, with amounts exceeding 6 trillion dinars.

A statement issued by Rafidain Bank confirmed, "The pace of collections through electronic payment companies has increased, reflecting the significant development in the adoption of digital systems in government revenue management."

The statement explained that "total tax collections during 2024 amounted to more than 6.06 trillion Iraqi dinars, recording a continuous increase compared to the first months of the year."

According to the statement, September 2024 witnessed the highest growth rate, with total settlements reaching 838.5 billion dinars, an increase of 11.12% compared to the previous month.

At the beginning of 2025, the system continued its "strong performance, with total collections in January 2025 reaching approximately 707.5 billion dinars, followed by February with 689.2 billion dinars." 

Government departments also recorded a "significant increase in the activation of the electronic collection system, with the number of activated entities rising to 1,808 by February 2025, compared to 1,395 by December 2024."

Rafidain Bank affirmed that "this significant growth reflects the success of the state's efforts to promote digital transformation, reduce reliance on cash, and achieve higher levels of financial transparency and efficiency," noting that "the electronic collection system represents a fundamental pillar in improving collection mechanisms and reducing the risks of financial corruption."

He also noted that "this qualitative leap comes within the framework of the ongoing efforts led by Rafidain Bank, in cooperation with government agencies, to support the digital economy, enhance confidence in electronic financial transactions, and raise the efficiency of the financial sector in Iraq link

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

Mot: .. May the Road Rise ~~~~~

Mot: .. Bet Ya Didn't Knows!!  Elves in ireland

Seeds of Wisdom RV and Economic Updates Monday Morning 3-17-25

KEY US ECONOMIC EVENTS THIS WEEK: HOW MARKETS AND CRYPTO MAY REACT

▪Key US economic indicators this week, including retail sales, housing starts, and jobless claims, will provide signals about the economy.

▪The Federal Reserve's interest rate decision, expected to remain unchanged, will be closely watched for future policy hints.

▪Multiple indexes released on Thursday, including Existing Home Sales and the Fed Manufacturing Index, are forecast to decline.

This week, several key economic events in the US could shape market trends and investor sentiment. From retail sales and housing data to jobless claims and the Federal Reserve’s interest rate decision, these reports will offer crucial insights into the state of the economy.

Why does this matter? Because shifts in economic indicators don’t just affect traditional markets – they impact crypto too! A strong economy could fuel investor confidence, while signs of slowdown might trigger uncertainty.

Prime US Economic Events This Week

US Retail Sales Index – Monday

The US Retail Sales Index, set for release on Monday, measures the total sales of retail goods and services over a month.

In January, it dropped from 0.7% to -0.9%. The consensus expects that it would rise from -0.9% to 0.7%. According to TEForecast, the index would climb to 0.5%.

An increase in retail sales usually signals a strong economy, boosting investor confidence and encouraging riskier investments like cryptocurrencies. However, if consumer spending is too strong, the Federal Reserve may take a stricter stance on interest rates, which could negatively impact the crypto market.

US Housing Starts Index – Tuesday

The Housing Starts Index, coming out on Tuesday, tracks the number of new residential construction projects that begin each month.

In January, the index fell from 1.515 million to 1.366 million. The consensus forecast predicts a slight increase to 1.375 million, while TEForecast expects a further decline to 1.34 million.

A rise in housing starts signals economic growth and can boost investor confidence. However, if construction activity increases too much, it may push interest rates higher, making borrowing more expensive and potentially slowing down crypto investments.

US Initial Jobless Claims – Thursday

The Initial Jobless Claims report, scheduled for Thursday, tracks the number of people filing for unemployment benefits for the first time.

In the second week of March, it slipped from 222K to 220K. The consensus estimates that it would grow sharply from 220K to 224K. As per TEForecasts, it would reach as high as 225K.

Higher jobless claims indicate economic weakness, which can lower investor confidence. However, a weakening labor market may also delay interest rate hikes, which could support crypto prices in the short term.

US Existing Home Sales – Thursday

The Existing Home Sales Index, also releasing on Thursday, measures the number of homes sold where the mortgage has been finalized.

In January, home sales fell from 4.29 million to 4.08 million. Analysts expect another drop to 3.92 million.

A drop in US existing home sales signals economic slowdown. It may also suggest lower consumer spending. This could affect crypto market sentiment adversely.

Philadelphia Fed Manufacturing Index – Thursday

The Philadelphia Fed Manufacturing Index, based on a survey of manufacturers in the Third Federal Reserve District, is set for release on Thursday.

In February, the index dropped from 44.3 points to 18.1 points. Analysts expect it to fall further to 12.1 points, while TEForecast predicts a decline to 11 points.

A shrinking manufacturing index indicates economic contraction and could lead to a more cautious market, affecting investment in both traditional and digital assets.

Federal Reserve Interest Rate Decision – Wednesday

The Federal Open Market Committee (FOMC) will meet on Tuesday, with its decision on interest rates expected on Wednesday.

Most experts believe the Federal Reserve will keep rates unchanged for now. Recently, Fed Chair Jerome Powell  suggested that the central bank is taking a cautious “wait-and-see” approach, as many economic factors remain uncertain.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

SOUTH KOREA'S CENTRAL BANK RULES OUT BITCOIN RESERVE POSSIBILITY: REPORT

▪The Bank of Korea said it has not considered the option of creating a bitcoin reserve.

▪The central bank cited bitcoin’s volatility and IMF guidelines as the reasons for its decision not to review.

The Bank of Korea (BOK) stated Sunday that it has not considered the possibility of incorporating bitcoin into its foreign exchange reserve, in an answer to a written query from a member of the National Assembly's Strategy and Finance Committee.

The BOK cited bitcoin's high volatility as a primary reason for its negative stance on accruing the cryptocurrency, the Korea Economic Daily reported.

The central bank expressed concern that volatility in the cryptocurrency market could lead to a significant surge in transaction costs when cashing out bitcoin, according to the news report.

Bitcoin also does not comply with the International Monetary Fund's guidelines for foreign exchange reserve management, the BOK said. The IMF states in its guidelines that a foreign exchange reserve must control liquidity, market and credit risks "in a prudent manner."

On March 6, U.S. President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve, based on the BTC the government seized from criminal or civil proceeding

While Trump's move prompted several countries to positively consider creating their own bitcoin reserves, the South Korean central bank has cited skeptical views shared by Japan, Switzerland and the European Central Bank.

Beyond the issue of creating a bitcoin reserve, South Korea has recently been moving to loosen its strict regulations on crypto. The country's financial watchdog is currently rolling out its plan to gradually lift the ban on institutional crypto trading, and is preparing to establish its second crypto legal framework, focusing on managing stablecoins.

The Block reached out to the BOK for further comment.

@ Newshounds News™
Source:  The Block

~~~~~~~~~

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Thank you Dinar Recaps

Inheritance Can Destroy A Family Or Be A Life-Changing Gift

Inheritance Can Destroy A Family Or Be A Life-Changing Gift

Here's how I advise my clients as an estate-planning attorney.
Story by insider@insider.com (Jen Glantz)

Dana Blue is an estate-planning attorney who helps families navigate assets after a loved one dies.  Inheritances can create an opportunity to purchase a house, return to school, or run a business.  They can also tear siblings apart and lead to losing a family legacy or even bankruptcy.

This as-told-to essay is based on a conversation with Dana Blue, a 44-year-old estate planning, probate, and real estate attorney in Philadelphia. The following has been edited for length and clarity.

When I started my law practice in 2017, I drafted simple wills for free. Since then, I've expanded my practice to offer trust-centered estate planning and probate administration services.

I value the opportunity to support families during their times of grief, but sometimes, when you mix grief, money, and family dynamics, it can be a very volatile cocktail.

I work closely with heirs or beneficiaries to navigate them through the probate process. Once the assets are distributed, clients are often left with money, property, or a business. Some people inherit just a few thousand dollars, and others walk away with life-changing money.

After almost a decade of being an attorney, I've witnessed the variety of ways inheritance has changed people, both positively and destructively.

It can bring on newfound wealth, but it might come with more responsibilities

When you inherit a business, learning its operational, financial, and legal aspects is crucial. I've seen cases where people inherit their family's business with no experience and bankrupt it in just months due to poor financial management.

If you plan to keep the business within the family, developing a succession plan that details how the business will be transferred to the next generation, including training and mentoring the future leaders, is vital.

TO READ MORE:  Inheritance can destroy a family or be a life-changing gift. Here's how I advise my clients as an estate-planning attorney.

Iraq confronts economic crises with the "Digital Dinar." The parallel market is threatened with "Extinction."

TNT:

Tishwash:  Iraq confronts economic crises with the "digital dinar." The parallel market is threatened with "extinction."

The Central Bank of Iraq is preparing to launch the digital dinar, marking the transition to digital currency management.

The digital dinar is a digital currency issued by the central bank, officially part of a country's monetary system. It is similar in value to the traditional dinar, but is traded electronically via digital wallets or approved financial applications.

It facilitates instant money transfers within the country or across borders, reduces the logistical burden of issuing paper or metal currency, and enables broader segments of society to access digital financial services.

This project comes in light of the significant economic challenges facing Iraq, such as its heavy reliance on paper money and the phenomenon of hoarding. The digital dinar aims to address these challenges by providing a safe and effective digital alternative to paper money.

Central Bank Governor Ali Al-Alaq had previously stated during a speech he delivered at the Finance and Banking Conference and Exhibition that "the financial and banking system will witness fundamental transformations, including the decline of paper currencies and their replacement by digital payments for central banks."

He explained that "the Central Bank is moving to create its own digital currency, which will gradually replace paper transactions, as is the case with some central banks around the world."

Mazhar Saleh Mohammed, the Prime Minister's advisor for financial and banking affairs and former deputy governor of the Central Bank, highlighted the importance of the digital dinar and its relationship to the dollar exchange rate in local markets.

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

 He added that these monetary units will be used with high transparency to cover various real transactions of goods and services, as well as to settle small and large obligations. He noted that all exchange transactions will be transparently recorded between traders, up to the point of purchasing a loaf of bread, under the supervision of the monetary authority, thus ending the ambiguous or illegal uses of money once and for all.

Regarding the digital dinar's relationship to exchange rates, Al-Sudani's advisor explained that the official exchange rate will be the prevailing and sole rate, the digital exchange rate adopted by monetary policy.

The parallel market will disappear in its current form, as it is difficult to invent a secondary digital market whose operations operate outside the control of the digital monetary authority. However, usurious digital markets may emerge among the same traders.

He pointed out that the digital cash system provides the banking system with sufficient digital cash liquidity to grant loans without the risk of liquidity risk within banking markets. This encourages investors to borrow easily, increases economic growth levels, and promotes sustainable development. It also facilitates access to global digital exchanges for global payments and settlements.

"Introducing digital currency requires two things," according to the Prime Minister's advisor. He explained that the first is a high level of public awareness of the digital monetary system, while the second is the availability of an advanced information, communications, and data technology infrastructure that evolves continuously over time.

He pointed to the need for a legal infrastructure to protect digital currency transactions, particularly in protecting users' rights to their income and wealth, which cybersecurity provides against any dangerous digital breaches.

Many questions are being raised about the digital dinar and its differences from cryptocurrencies, which economic expert Ziad Al-Hashemi answers.

Al-Hashemi points to a "significant difference" between digital currencies and cryptocurrencies: "The former are issued and regulated by central banks, such as the digital dollar and the digital dirham, while cryptocurrencies such as Bitcoin are not subject to any official authority and their value depends on supply and demand, making them highly volatile."

He stated that if the Central Bank of Iraq issues the digital dinar, it will be the sole entity controlling the issuance and distribution of the digital currency, facilitating oversight and preventing financial crimes, unlike cryptocurrencies, which operate on a decentralized system that is difficult to control.

He pointed out that the digital dinar will be fully backed by the central bank and have a relatively stable value, similar to paper currency. However, it will be traded electronically only through bank accounts and wallets, contributing to reducing the use of paper money, achieving financial inclusion, and reducing reliance on the dollar in daily transactions.

Al-Hashemi noted that the primary goal of this step is to eliminate the phenomenon of cash hoarding, whereby citizens keep large sums of money outside banks due to lack of confidence in the banking system. This hinders the flow of funds and negatively impacts economic activity. If the project is implemented well, the digital dinar could help disburse hoarded liquidity and stimulate lending and credit.  link

MilitiaMan & Crew-Iraq Dinar News-Reassurances Oil flow-Salaries to be Paid-Digital Currency-IMF-AMF-Cash Liquid

MilitiaMan & Crew-Iraq Dinar News-Reassurances Oil flow-Salaries to be Paid-Digital Currency-IMF-AMF-Cash Liquid

3-16-2025

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=X9dTi6rJWhc

“Humor While We Wait” Posted by Mot at TNT

TNT:

Mot:  Four strangers found themselves traveling together in the same compartment of a European train: two men and two women, all facing one another.

One woman was a 75-year-old lady, wealthy and sophisticated, decked out in the finest furs and jewelry. Next to her sat a beautiful 19-year-old woman, radiating a model-like presence straight out of a fashion magazine. Across from the older lady sat a man in his late forties, a highly decorated Sergeant Major in the Army. And next to the Sergeant Major sat a young private, fresh out of boot camp.

As the four chatted about trivial things during the ride, they suddenly entered an unlit tunnel, plunging the compartment into complete darkness and silence. Then, a distinct kiss broke the quiet, followed by a loud slap that echoed throughout the cabin.

In the awkward silence that followed, each of the four strangers was lost in their own thoughts:

The older lady thought, “How wonderful it is that, even in this permissive age, there are still young women who have enough self-respect and dignity to avoid such behavior.”

The young woman, puzzled, wondered, “Why would any man want to kiss an old fossil like that when I’m sitting here?”

The Sergeant Major, rubbing his sore face, was furious. “How dare anyone think that I would try to sneak a kiss in the dark? This is beyond ridiculous!”

Meanwhile, the young private, grinning from ear to ear, thought to himself, “What a crazy world this is—where a private can kiss the back of his hand and then smack a Sergeant Major in the face and get away with it!”

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

Mot: A tough old cowboy found himself standing before St. Peter at the Pearly Gates.

St. Peter looked him over and asked, “Have you ever done anything truly heroic?”

The cowboy scratched his chin and said, “Well, I reckon there was one time…” 

He took a deep breath and continued, “I was ridin’ through the Black Hills of South Dakota when I came across a gang of nasty bikers harassing’ a young woman. I told ’em to leave her alone, but they just laughed.” 

“So, I walked right up to the biggest, meanest one—the guy was covered in tattoos—smacked him square in the face, kicked over his bike, yanked out his nose ring, and tossed it on the ground. Then I looked at the whole gang and hollered, ‘Now, back off, or y’all are next!’”

St. Peter, impressed, raised an eyebrow. “Wow! When did this happen?”

The cowboy glanced at his watch. “Oh… ’bout two minutes ago.”

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

Mot .. finally the answer 

Mot: ....... Well......IT HAS FINALLY HAPPENED!!!!

Mot: . ole ""Earl"" and the Realities of Life!!! 

Mot: Inquiring Minds Want to Know!!!! 

Iraq Economic News and Points to Ponder Sunday Afternoon 3-16-25

To Reduce Speculation, A Sudanese Advisor Reveals A New Monetary Strategy

Time: 2025/03/16 19:29:30 Reading: 720 times  {Economic: Al Furat News} The Prime Minister's economic advisor, Mazhar Mohammed Saleh, revealed a new monetary strategy Sunday evening that seeks to reduce speculation.

Saleh said in a statement to Al-Furat News that: "A new monetary strategy aims to gradually attract foreign exchange transactions to the officially regulated banking system."

He explained that "this strategy focuses on expanding the base of buying and selling foreign currency at fixed and stable rates, in line with the current monetary policy."

Saleh emphasized that "these steps coincide with enhancing the freedom of the foreign exchange process, with a high commitment to transparency and money governance in line with international standards."

He pointed out that "this strategy is being implemented in an organized and precise manner by the Iraqi banking system, and specifically targets large transfers, especially those related to financing wholesale trade."

Saleh also pointed out "the importance of stimulating electronic banking transactions to reduce cash circulation, which contributes to feeding the parallel market with cash dollars, thus reducing speculative operations that take place outside the framework of the law." LINK

https://alforatnews.iq/news/%D9%84%D8%AA%D9%82%D9%84%D9%8A%D8%B5-%D8%A7%D9%84%D9%85%D8%B6%D8%A7%D8%B1%D8%A8%D8%A7%D8%AA-%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D9%84%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A-%D9%8A%D9%83%D8%B4%D9%81-%D8%B9%D9%86-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D9%86%D9%82%D8%AF%D9%8A%D8%A9-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9

Parliamentary Finance Committee Warns Of Sanctions Against Rafidain Bank: It Is Marred By Regulatory Concerns

Banks  Economy News – Baghdad  Deputy Chairman of the Finance Committee in the House of Representatives, Ikhlas al-Dulaimi, warned of the possibility of the US Treasury imposing sanctions on Rafidain Bank if it continues to implement procedures marred by regulatory concerns.

Al-Dulaimi said, in an interview monitored by Al-Eqtisad News, that "Rafidain Bank, like any private bank, is subject to the instructions and regulations of the US Treasury Department under an agreement with the Central Bank of Iraq and the international company charged with monitoring the work of banks in Iraq."

She added, "The international company pointed out the existence of violations in the work of Rafidain Bank, which prompted the bank to contract with a foreign company to improve its performance and address these concerns."

Al-Dulaimi pointed out that "the bank's continued operation according to its previous procedures could lead to US sanctions being imposed on it, along with other private banks, if the recorded violations are not corrected."

On January 30, 2025, US Republican Representative Joe Wilson renewed his attacks on Iraq, but this time by demanding sanctions on the government-owned Rafidain Bank. https://economy-news.net/content.php?id=53438

Al-Sudani's Advisor: Iraq's Foreign Reserves Reach $110 Billion

Money and Business  Economy News – Baghdad  The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Sunday that Iraq's foreign exchange reserves are a safety net against economic fluctuations, noting that they are estimated at approximately $110 billion.

"Iraq's foreign exchange reserves are one of the most important indicators supporting investment, both domestic and foreign, as the country has a stable foreign exchange portfolio estimated at approximately $110 billion, distributed between gold, dollars, and foreign currencies," Saleh said in a statement to the official agency, followed by "Al-Eqtisad News."

He explained that "these reserves contribute to strengthening macroeconomic stability, both domestically and externally, making them a protective factor against global economic fluctuations and shocks. They also provide strong coverage for the monetary base and financial indicators related to trade and international debt maturing soon."

He added, "The current account of the balance of payments is recording positive rates that enhance the stability of the value of the Iraqi dinar, thus reducing the impact of fluctuations in global oil markets, given the nature of Iraq's rentier economy." He noted that "Iraq, as the fifth largest oil producer in the world, enjoys sustainable foreign financial flows, enabling it to quickly and efficiently support its cash reserves."

He stressed that "these strong reserves provide a stable investment environment, which contributes to accelerating the pace of investment and supporting the country's promising economic growth." https://economy-news.net/content.php?id=53450

The dollar fell by 148 against the Iraqi dinar.

Economy | 11:30 - 03/16/2025  Mawazine News – Baghdad  The dollar exchange rate declined on the Al-Kifah and Al-Harithiya stock exchanges, reaching 148,000 dinars for every $100.

The selling price at exchange shops in Baghdad's local markets was 149,000 dinars for every $100, while the buying price was 147,000 dinars  https://www.mawazin.net/Details.aspx?jimare=260205

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

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 3-16-25

Good Afternoon Dinar Recaps,

JPMORGAN CHASE, WELLS FARGO AND BANK OF AMERICA REFUSE TO REIMBURSE CUSTOMERS AFTER SCAMMERS ATTACK ACCOUNTS: REPORTS

New reports show JPMorgan Chase, Wells Fargo and Bank of America are closing the door on customers hit by fraud, rejecting their claims and refusing to reimburse their accounts.

JPMorgan Chase refused to refund a customer in Northern California after a scammer used a fake driver’s license to initiate unauthorized withdrawals, reports the ABC-affiliated news station KGO-TV.

Katrina, who preferred not to give her last name, says someone pretending to be her withdrew money from her Chase account without even having her bank card or PIN.

The con artist, who is still at large, made two withdrawals from Katrina’s account totaling $1,500.

Katrina filed a police report and the next month, she received a letter from Chase telling her that the bank has denied her claim, alleging that she both authorized and benefited from the withdrawals. After Katrina reached out to the local news for help, the bank reversed its decision.

Meanwhile, Wells Fargo has told a customer in South Carolina that she’s out of luck after falling victim to scammers pretending to work at the bank’s fraud department, reports the NBC affiliate WGAL.

Stephanie Zufall received a message asking her to verify a $1,300 Apple Pay transaction. She replied “no” and soon received a call from someone posing as a Wells Fargo representative.

The scammer tricked Zufall into depositing $3,000 into an ATM via her mobile wallet, then stole it by linking her account to his.

Wells Fargo denied her claim and in response to the news report, says it’s re-opened the investigation.

Lastly, Bank of America says it will not reimburse an aspiring entrepreneur’s account after she lost $20,000 to a scammer impersonating the bank.

The customer says she received a call from a spoofed number matching BofA’s support number on her debit card, reports the ABC-affiliated WLS-TV.

The scammer convinced her to transfer the money to supposedly protect it, only for her to later discover that she had been deceived.

Bank of America says it’s not liable and its real staff would never ask customers to send money over the phone.

The customer says the loss has forced her to abandon plans to start a new business.

“I’ve been working 10 to 13 hours plus with no break. I have to expedite that money that was stolen from me, and it wasn’t just stolen from me, but stolen from my kids, too.”

@ Newshounds News™
Source:  Daily Hodl

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BRICS MAKES MAJOR ANNOUNCEMENT ON DE-DOLLARIZATION

The major announcement from the BRICS alliance is that the bloc is divided on the global de-dollarization agenda. The nine-member alliance is seeing divisions as cracks open up from all sides on what the group stands for. While some countries want to launch a new common currency for trade and transactions, others don’t. The breaking up of ideas is causing a split within the group with each country wanting different agendas.

BRICS: India & Brazil Announce ‘No Interest’ in De-Dollarization

BRICS member India has made it clear that it has no interest in ending reliance on the US dollar and will not pursue the de-dollarization agenda. Foreign Minister S. Jaishankar said that India has “absolutely no interest” in undermining the US dollar. He said that the country “has never had a problem” with the greenback and has no plans to replace it.

In addition, four Brazilian government officials on the condition of anonymity said that Brazil plans to reject the BRICS currency. Brazil chairs the upcoming summit in July and plans to dismiss the formation of the new currency. President Luiz Lula da Silva is planning to nix the idea as he chairs the 17th summit, reported Reuters. Therefore, BRICS members India and Brazil are against de-dollarization in 2025.

Even BRICS members South Africa and the United Arab Emirates (UAE) remain on the sidelines of the de-dollarization initiative. Only Russia, China, and Iran are aggressively looking to replace the US dollar for cross-border transactions. Russia and Iran are reeling under sanctions that are making them desperate to find an alternative to the US dollar.

On the other hand, China is looking to use BRICS as a stepping stone to pursue its agenda of global domination. India does not want that to happen as it sees the Communist country as an opportunist. In conclusion, the idea of BRICS reshaping the de-dollarization initiative is a farce with no unity and more divisions.

@ Newshounds News™
Source:  Watcher Guru

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XRP HOLDERS THIS IS WHY RIPPLE WILL REPLACE SWIFT - BANKS WILL BEG FOR XRP  |  Youtube

XRP JUST FLIPPED ETHEREUM IN FDV - NOTHING IS KEEPING XRP FROM GOING PARABOLIC  |  Youtube

@ Newshounds News™
Source:  Common Sense Crypto

~~~~~~~~~

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More News, Rumors and Opinions Sunday Afternoon 3-16-2025

KTFA:

Clare:  Al-Sudani's advisor: Iraq's foreign reserves reach $110 billion

3/16/2025- Baghdad

The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Sunday that Iraq's foreign exchange reserves are a safety net against economic fluctuations, noting that they are estimated at approximately $110 billion.

"Iraq's foreign exchange reserves are one of the most important indicators supporting investment, both domestic and foreign, as the country has a stable foreign exchange portfolio estimated at approximately $110 billion, distributed between gold, dollars, and foreign currencies," Saleh said in a statement to the official agency, followed by "Al-Eqtisad News."

He explained that "these reserves contribute to strengthening macroeconomic stability, both domestically and externally, making them a protective factor against global economic fluctuations and shocks. They also provide strong coverage for the monetary base and financial indicators related to trade and international debt maturing soon."

He added, "The current account of the balance of payments is recording positive rates that enhance the stability of the value of the Iraqi dinar, thus reducing the impact of fluctuations in global oil markets, given the nature of Iraq's rentier economy."

He noted that "Iraq, as the fifth largest oil producer in the world, enjoys sustainable foreign financial flows, enabling it to quickly and efficiently support its cash reserves."

He stressed that "these strong reserves provide a stable investment environment, which contributes to accelerating the pace of investment and supporting the country's promising economic growth."  LINK

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Clare:  Turkish Energy Minister Arrives in Baghdad for Oil and Gas Talks

3/16/2025

Turkish Minister of Energy and Natural Resources Alp Arslan arrived in Baghdad on Sunday, according to a statement issued by the Iraqi Ministry of Oil.

The ministry said in a statement that Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani Al-Sawad received Arslan and his accompanying delegation.

According to the statement, the meeting discussed bilateral relations between the two countries in the fields of oil, gas and energy.

The meeting was attended by the Undersecretary for Extraction Affairs and the General Managers of the Oil Marketing Company, the North Oil Company, the Economic Department, and the Legal Department, according to the statement.

Turkey halted flows on the pipeline, which transports oil from the Kurdistan Region of Iraq to the Turkish port of Ceyhan, in March 2023 after an arbitration court ordered it to pay approximately $1.5 billion in compensation to Iraq for transporting oil without Baghdad's approval. Ankara refused to pay the fine at the time and demanded that Erbil pay it.

The pipeline closure halted Iraqi oil exports by approximately 500,000 barrels per day. The resumption of oil flows from Kurdistan may mitigate some of the impact on markets caused by reduced shipments from Iraq, the main source of crude.

Iraq had been exporting between 400,000 and 500,000 barrels per day from northern fields, including the Kurdistan Region, via the now-defunct pipeline. Oil Minister Hayan Abdul Ghani said earlier this month that Iraq plans to transport at least 300,000 barrels per day of crude oil once operations resume. He added that the Iraqi government has also begun a formal process to persuade the regional government to transfer the oil to the Federal Oil Marketing Organization (SOMO).

Türkiye has repeatedly said that the pipeline is operational and that it is up to Iraq to resume flows, and the United States has also expressed a strong desire to see oil flow through the Iraq-Turkey pipeline.

Resuming pipeline shipments could pose a dilemma for Baghdad, which is committed to reducing crude production as part of the OPEC+ agreement but is struggling to comply with the promised cuts.

OPEC's production and exports are under increased scrutiny after US President Donald Trump called on the group in early 2025 to "bring down the price of oil."  LINK

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

Militia Man It's been a long road.  I understand. Everybody is waiting for what we're looking for.  Everybody should be excited because...all the little bits and pieces if you tie them in together you're going to find that Iraq is ready to go international.  Internationlism is being put out in the news the last few days...one after another, one after another...Just myself alone I was able to get to about 16 or 17 articles out of hundreds...

Frank26  [Iraq boots-on-the-ground report]   FIREFLY:  Mr. Sammy...says watch for when the budget tables make it to Council of ministers (COM) because they already said they would review it and vote on it as soon as possible.  The the COM is where and when that rate will show up...When it goes to the COM that's when to get excited because soon they will vote and the COM will do it quickly...That's what we need, Council of Minister first...then that rate will show...Parliament is just a formality.  FRANK:  Sudani sends the budget tables to the COM?  Are you kidding me?  I didn't know he was going to do that.   He's not going to send it to parliament?  Oh my goodness that's like Sudani telling parliament to pick a finger and you might as well pick the middle finger because he's not going to share anything with them...until the very last second...

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MAJOR Currency Breakthrough ZiG = $0 08

Edu Matrix:  3-16-2025

Discover how Zimbabwe's innovative new gold-backed currency, the ZiG, is making waves on the global financial stage!

Currently valued at eight cents, this bold move could set a precedent for other nations like Iraq to follow, potentially increasing their own currency value.

In this video, we delve into the implications of this new development and what it could mean for global markets.

https://www.youtube.com/watch?v=mcQNOVI7BNU

Economist’s “News and Views” Sunday 3-16-2025

GOLD Is Telling YOU: The GLOBAL RESET Is IMMINENT  | Willem Middelkoop

Soar Financially:  3-16-2025

Willem Middelkoop, founder and CEO of the Commodity Discovery Fund and author of “The Big Reset,” joins us to break down gold’s historic surge above $3,000.

Willem shares why geopolitical uncertainty, currency debasement, and soaring physical gold demand signal the global reset he has long predicted is underway.

He reveals why this is only the beginning, and how investors positioned in gold and silver could benefit tremendously.

00:00 – Gold Hits $3,000

01:04 – Willem Middelkoop Returns

02:09 – Why Gold Is Rising

 03:27 – Institutional & Central Bank Demand

 04:38 – Physical vs. Paper Gold

05:26 – War Risk in Europe

07:07 – The Big Reset Begins

 07:41 – De-dollarization Update

09:17 – China Leads Multipolar World

 10:28 – Russia’s Role Explained

11:39 – Are BRICS Still Relevant?

13:16 – Trump & Dollar Confidence

14:19 – US Debt Crisis

 16:45 – Gold Signals Dollar Trouble

 18:39 – Market Volatility Ahead

19:42 – Gold-Backed Bonds?

21:06 – Geopolitics & Critical Minerals

24:01 – Commodity Investing Outlook

27:15 – Deregulation: Too Little Too Late

https://www.youtube.com/watch?v=xrjpeIVYC1M

CRASH ALERT! Trump's Plan to Destroy the Old Fiat System! The New "Golden Age" Dawns!

(Bix Weir)  3-14-2025

https://www.youtube.com/watch?v=I5LnVZZjafs

Financial Collapse Imminent, GOLD At ALL-TIME HIGH | David Hunter

Soar financially:  3-16-2025

In this interview, David Hunter, Chief Market Strategist at Contrarian Macro Advisors, shares his bold predictions on the global economy, stock markets, and the looming financial crisis.

He discusses the potential for a recession worse than 2008, the Fed’s policy mistakes, and why he believes the market will first skyrocket before experiencing a major collapse.

Hunter also dives into his gold and silver price targets, the impact of tariffs on inflation, and why he sees a significant drop in the US dollar coming soon.

00:00 – Intro & Welcoming David Hunter

 02:01 – Does the White House Want a Recession?

10:15 – Market Overview: Is a Rally or a Crash Coming?

16:47 – The Fed’s Policy Mistakes and Economic Risks

24:40 – Inflation vs. Stagflation: What’s Really Happening?

31:28 – The Auto Loan & Real Estate Bubble

36:21 – Global Bust Incoming – Worse Than 2008?

 39:27 – The US Dollar Collapse: What’s Next?

44:09 – Gold & Silver Predictions: $3,400 Gold, $75 Silver?

46:52 – Stock Market Targets: S&P 7500, Nasdaq 25K, Dow 55K?

 49:57 – Recession vs. Depression: How Bad Could It Get?

https://www.youtube.com/watch?v=pAzX-bNo1wY

Iraq Economic News and Points to Ponder Sunday AM 3-16-25

Why Was Iraq Not Included On Trump's New Sanctions List Despite Being Included In 2017?

In 2017, during President Donald Trump's first term, Iraq was included in the list of countries subject to the travel ban to the United States. However, Iraq was later exempted from this ban due to enhanced security cooperation and information sharing between the two countries, as well as Iraqi efforts in combating ISIS.

In 2025, the Trump administration is preparing a new list of 43 countries that could face travel bans or restrictions to the United States. According to draft recommendations, these countries are divided into three categories:

Red List: 11 countries whose citizens are completely barred from entering the United States, including: Afghanistan, Sudan, Syria, Yemen, Libya, Iran, Somalia, North Korea, Venezuela, Cuba, and Bhutan.

Orange List: 10 countries whose citizens will be subject to severe travel restrictions, but not a complete ban, including: Russia, Belarus, South Sudan, Sierra Leone, Eritrea, Haiti, Laos, Myanmar, Pakistan, and Turkmenistan.
Yellow List: 22 countries will be given 60 days to correct deficiencies in their security measures and information sharing, otherwise they may be transferred to one of the two previous lists.

It is noteworthy that Iraq has not been included on either of these new lists. This is due to the continued close cooperation between Iraq and the United States in the areas of security and information sharing. Iraq has also improved its security screening and passport issuance procedures, bringing it into compliance with required US standards.

This ongoing cooperation and Iraq's commitment to strengthening its internal security and sharing security information with the United States contributed to its removal from the new ban list. https://www.radionawa.com/all-detail.aspx?jimare=41382

A Dialogue Session Discusses The Central Bank's Measures For Banks Deprived Of Dollars

Saturday, March 15, 2025, 3:31 PM | EconomicNumber of readings: 166  Baghdad / NINA / The Iraqi Private Banks Association organized a dialogue session to discuss developments in the banking sector in Iraq, including those related to deprived banks and fines imposed by the Central Bank of Iraq. The session was attended by the Governor of the Central Bank and representatives of banks and electronic payment companies.

The Chairman of the Iraqi Private Banks Association, Wadih Al-Handhal, stressed the importance of joint cooperation between the Central Bank of Iraq, banks, and electronic payment companies to enhance financial stability and develop the banking system in accordance with the latest international standards.

He added, "The Special Committee for Assisting Deprived Banks, formed in the Ministerial Economic Council, called for the necessity of assisting deprived banks and suspending fines imposed on them, as they are going through difficult circumstances, which everyone knows." He indicated that "deprived banks work daily to implement global financial requirements and are subject to daily fines," calling for these fines to be suspended and reviewed by the Central Bank of Iraq.

For his part, the Governor of the Central Bank, Ali Al-Alaq, addressed the Central Bank's measures related to banks deprived of using the dollar, noting that there are signs of optimism in discussions with the American side on this issue.

Al-Alaq stressed that "the Central Bank of Iraq supports the establishment of digital banks, indicating that the number of applications has reached 75 banks, which contributes to accelerating the digital transformation of the banking sector in Iraq."

He pointed out that the first phase will be to grant only one or two licenses for the purpose of experimentation and studying the problems and challenges facing these digital banks.

He explained that "banks are required to work on raising the rate of financial inclusion by providing modern banking services targeting wider segments of society," stressing that "the transition towards a digital economy is an essential step to enhance financial stability and economic development." /End https://ninanews.com/Website/News/Details?key=1192022

Reassuring Citizens, The Central Bank Told NINA: We Have Ample Cash Liquidity

Saturday, March 15, 2025, 4:35 PM | EconomicNumber of reads: 335   Baghdad / NINA / The Central Bank of Iraq (CBI) reassured the banking and community circles of ensuring the availability of cash liquidity to cover all local transactions in Iraqi dinars.

The Governor of the Central Bank, Ali Al-Alaq, said in a statement to the National Iraqi News Agency ( NINA ), that "the Central Bank is the last entity that can be without cash liquidity in Iraq."

He explained that "the Central Bank has wide scope to provide local currency to the extent that this currency is covered by foreign reserves, which currently far exceeds the level of local sufficiency, and more than we can finance."

He added, "There is frequent confusion between the position of the Central Bank, which is a completely different situation from the financial situation related to the financial policy in the country or the Ministry of Finance," indicating that "the Ministry of Finance's revenues are based in dollars through Iraqi oil sales in the global market."

Al-Alaq stressed that "the Central Bank deals in Iraqi dinars for all amounts it receives in dollars, and this is very available under any circumstances," calling for distinction and separation between the financial situation at the level of the government and the Ministry of Finance, and the availability of cash at the Central Bank of Iraq. / End 5   https://ninanews.com/Website/News/Details?Key=1192029

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

Seeds of Wisdom RV and Economic Updates Sunday Morning 3-16-25

Good Morning Dinar Recaps

U.S. SENATE PASSES CONTROVERSIAL BILL TO AVOID GOVERNMENT SHUTDOWN

▪The Senate passed a Republican-led spending bill to avert a government shutdown, with key Democratic support.

▪Senate leader Schumer prioritized avoiding a shutdown, arguing it would grant Trump and "DOGE" excessive power.

▪The bill's passage revealed a divide within the Democratic party, with moderates and allies supporting Schumer's pragmatic approach.

The U.S. Senate narrowly avoided a government shutdown on Friday, passing a Republican-led spending bill just before the midnight deadline. The vote was 62-38, with 10 Democrats siding with nearly all Republicans. But while the bill kept the government running, it exposed deep divisions within the Democratic Party – especially when it comes to handling Donald Trump’s influence.

Behind the scenes, tensions ran high. Some Democrats wanted to take a stand against the GOP, while others feared the consequences of a shutdown. Senate Majority Leader Chuck Schumer was caught in the middle, making a strategic move that surprised many. So, why did he support the bill?

Schumer’s Quiet Strategy

Senate Majority Leader Chuck Schumer faced pressure from progressives and House Democrats to oppose the GOP-backed bill. However, he stayed quiet about his stance all week. On Thursday, he finally announced his support, giving other Democrats the green light to follow. This move helped reduce the risk of a shutdown during uncertain economic times.

Schumer admitted the bill wasn’t ideal but argued that shutting down the government would give Trump and his allies too much power.

The Democrats Who Voted With Republicans

Nine Senate Democrats joined Schumer in supporting the bill, temporarily giving up some leverage over Trump. These lawmakers included moderates, Schumer’s close allies, senators from states with many federal workers, and those nearing retirement. They agreed with Schumer that preventing a shutdown was the better option, fearing that Trump and Elon Musk could use the crisis to gain even more control.

Schumer warned that the future of government funding was now in the hands of Trump, Musk, and their allies. He cautioned that if a shutdown happened, it could last six to nine months and create serious instability.

Some Democrats criticized him for giving up too soon, saying he missed a rare chance to pressure Republicans after the House passed the GOP’s spending bill with Trump’s backing.

“I’ll Take Some Bullets,” Says Schumer

The vote largely followed party lines, 54-46, leaving many Democrats frustrated. They argued the bill failed to address key issues like healthcare and housing.

Schumer acknowledged the criticism but stood by his decision. “I’ll take some of the bullets,” he said, accepting that both moderates and progressives would be unhappy. The nine Democratic senators who voted with him may also face political consequences, but none are expected to have immediate election challenges.

House Democrats Frustrated Over Schumer’s Move

House Democrats, who had earlier rejected the bill, were upset with Schumer’s decision. Leaders like Hakeem Jeffries wanted a short-term funding bill to allow more time for negotiations. They argued the GOP bill gave Trump too much power while cutting critical services, including funding for Washington, D.C.

Senate Republicans, including John Thune, defended the bill, saying Democrats failed to complete last year’s budget, making another stopgap measure necessary.

Despite criticism from some Democrats, the White House stood by Schumer. The president praised him for making a “bold and courageous” choice, showing his approval of the compromise.

@ Newshounds News™

Source:  Coinpedia

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4 TYPES OF FINANCIAL DOCUMENTS YOU SHOULD KEEP TOGETHER AT ALL TIMES IN CASE OF EMERGENCY — HERE’S WHY

Life is full of the unexpected. You never know when you may find yourself in dire straits or faced with an emergency that’s totally out of your control. Sadly, Americans are affected by weather-related disasters now more than ever before.

According to the NOAA’s National Centers for Environmental Information (NCEI), 2024 alone was full of “billion-dollar” weather-related natural disasters: There were 27 individual weather and climate disasters with at least $1 billion in damages, which is only one less than the record of 28 events in 2023. Last year’s natural disasters took nearly 600 lives and cost approximately $182.7 billion in total.

With natural disasters on the rise, you’ll absolutely need to be prepared for whatever comes your way. This includes having a “financial go bag” at the ready.

A financial go bag is basically what it sounds like: It’s a bag with everything related to your finances, identity, emergency contacts and medical information that you need to keep on your person.

Here are four specific categories of items you’ll want to be sure you have in your financial go bag.

Financial and Legal Documents

Having copies of any applicable financial and legal documents printed and at the ready is critical, according to the Federal Emergency Management Agency (FEMA). For example, if your home is destroyed in a fire, maintaining copies of these documents in your go bag may be the only physical proof you have of account ownership.

These include but are not limited to the following types of documents:

▪Credit and debit card statements
▪Checking account statements
▪Savings account statements
▪Retirement and investment account statements
▪Utility bills
▪Student loan statements
▪Alimony and child support documents
▪Elder care information.

Identification

When faced with a catastrophe, you’ll need to have at least a few forms of identification in your bag, according to FEMA.

Two important reasons are you may need to be identified to receive emergency medical attention, or authorities may need to identify you if you’re attempting to cross a security checkpoint.

These include but are not limited to the following types of identification:

▪Passport
▪Driver’s license
▪Social Security card
▪Green card
▪Military service identification
▪Pet ownership papers and identification tags.

List of Emergency Contacts

FEMA also recommends keeping a list of emergency contacts in your bag in case of evacuation. For example, maybe your cell phone, which contains all your contacts, dies, and the only way to contact someone is by using someone else’s phone and referencing the list in your bag.

These include but are not limited to the following types of contacts:

▪Doctors and specialists
▪Dentists
▪Pediatricians
▪Veterinarians
▪Your children’s school
▪Your employer
▪Local emergency services.

Medical Information

If an emergency strikes, it could result in injuries to you or your family. In the worst-case scenario, you have to have all pertinent medical information ready in your bag, according to FEMA, to ensure you receive the care and benefits you’re entitled to get.

This includes but is not limited to the following medical information:

▪Health insurance cards
▪Medicare and/or Medicaid cards
▪Dental insurance cards
▪Any other health benefits, such as VA benefits
▪A detailed and up-to-date list of medications you take
▪Immunizations records
▪Allergy information
▪Medical equipment and devices you need
▪Pharmacy information
▪Living will, medical power of attorney and any disability documentation.

@ Newshounds News™

Source:  Yahoo Finance

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Q & A Classroom Link  

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Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

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