FRANK26….8-18-25….ALOHA……IT’s NOT A SECRET

KTFA

Monday Night Video

FRANK26….8-18-25….ALOHA……IT’s NOT A SECRET

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

https://www.youtube.com/watch?v=H0RU_zzH4KI

I’m an Economist: Here’s When Tariff Price Hikes Will Start Hitting Your Wallet

I’m an Economist: Here’s When Tariff Price Hikes Will Start Hitting Your Wallet

August 1, 2025   by Gabrielle Olya

A blanket 10% reciprocal tariff issued by President Donald Trump took effect April 5, with more slated to roll out on Aug. 1. So far, prices haven’t surged — but that’s likely to change.

GOBankingRates spoke with Lauren Saidel-Baker, an economist at ITR Economics, about why prices have yet to spike, when they will and how far they are expected to climb.

Why Prices Haven’t Surged Yet

We never expected that prices would immediately rise by the full extent of the tariffs imposed.

In some cases, importers absorb at least a portion of the cost. In many cases, excess inventory has been brought into the U.S. in anticipation of these tariff announcements and there will be a lag while that lower-cost inventory is available.

While the impact of tariffs on pricing varies materially on a microeconomic scale, it tends to be smaller on a macroeconomic scale. The supply chain is relatively neutral currently, and stable financial conditions have permitted consumers to shift spending behaviors such that the aggregate effect of tariffs on overall consumer prices has been minimal thus far.

The overall consumer price index also includes housing and services, which are more insulated from tariffs.

When Tariffs Will Start Raising Prices

TO READ MORE:  https://www.gobankingrates.com/money/economy/im-economist-when-tariff-price-hikes-will-start-hitting-your-wallet/?hyperlink_type=manual&link_placement=morefrom_link&link_position=4

At Least Social Security Will Go Bankrupt With Good Customer Service

At Least Social Security Will Go Bankrupt With Good Customer Service

Notes From the Field By James Hickman (Simon Black)  August 18, 2025

I know it’s cliche, but one of the happiest days of my life was a bit more than four years ago when my daughter was born in Cancún, Mexico.  My wife and I chose Mexico deliberately— given all the COVID craziness that was going on (especially in the US), we wanted to be in a place where the pandemic wasn’t going to factor into our lives at all. And Cancun was perfect.

Add in world-class healthcare at affordable prices, and it was an easy call. Plus babies born in Mexico automatically become citizens, and both parents and grandparents receive permanent residency.

Pretty much everything about her birth went really smoothly. The Mexican paperwork was shockingly easy, and we were able to get her passport and our residency cards very quickly.

The most difficult part by far was the US side.

We couldn’t fly back to Puerto Rico until she had a US passport. But thanks to the State Department’s broken online system (which crashes constantly and conjures bizarre errors) we were scrambling for a slot.

(It’s also bizarre that, despite millions of Americans traveling to Cancun each year, the US government put its consulate 4 1/2 hours away in Merida... not exactly convenient.)

Once there, storm-trooper style security treated a newborn’s bottled milk as a threat, and then we sat for more than an hour while bureaucrats invented reasons to say “no” to her passport application.

In the end, we finally got what we needed—but the whole process revealed the deeper truth: in the US, government offices act as if citizens work for them. They’ve forgotten their purpose is to serve, and citizens are left with inefficient, indifferent, even borderline inhumane experiences.

Some other countries take a different approach; they treat citizens like valued customers, and bureaucrats are measured on the efficiency and quality of their service.

When the US first launched the Department of Government Efficiency—DOGE—I thought this should be a critical piece of the reform.

Yes, of course, slash fraud, waste, and abuse. But even more urgently, reset the entire culture of how the US government does business with its citizens.

I recently found a glimmer of hope that this may be happening.

Late last week, Social Security marked its 90th birthday since being signed it into law in 1935 at the height of the Great Depression.

Ever since, generations of Americans have accumulated stories of painfully navigating this massive institution— too often about waiting rooms, endless forms, and mind-numbing incompetence.

But something unusual has happened in the last few months. Frank Bisignano, the new commissioner, took over. He comes from a CEO position in the private sector, and seems to be running Social Security like a business.

He’s pushed a digital-first strategy, incorporated AI tools, and focused on simple things that most people in the private sector would take for granted.

Processing backlogs are coming down. Efficiency is up.

Barely a year ago, you had to spend nearly 30 minutes on hold when you called Social Security. Today, the agency says the wait is under five minutes—while serving nearly twice as many people.

You can also now schedule appointments before going into an office— imagine that. And the average wait time at a Social Security office has also been slashed down to just six minutes.

The Social Security website has been overhauled as well, so taxpayers are able to obtain much more information and handle their service needs online. Crazy that it took until 2025 to make this happen.

Oh, and it turns out that the Social Security website— until very recently— used to be offline nearly 30 hours per WEEK for scheduled downtime. They’ve now eliminated this and MySocialSecurity is now available 24/7.

Frankly, the bar for government performance is so low that saying “the website now works” is heralded as a massive breakthrough.

But still, it’s encouraging to see what’s possible when someone with a private-sector mindset actually tries to fix things. In just a few months, one of the worst bureaucracies in Washington has shown major improvement.

Unfortunately, there’s one thing the Commissioner can’t control: Social Security’s looming insolvency.

Social Security’s finances are up to Congress, and that picture is bleak.

Social Security is almost out of money. Everyone in Washington knows it. At best, there’s less than eight years until Social Security’s major trust fund runs out of money. And it will probably take place sooner than that.

Just like fixing bad government service, fixing Social Security’s solvency is not complicated. At this point there are only a few levers to pull: either raise taxes, or roll back retirement age.

The trustees and Social Security’s own actuaries have spelled out these solutions for years, practically begging Congress to act.

They’ve also been clear— the sooner that Congress works to solve the problem, the less painful the solution will be.

If they raise payroll taxes now, the tax hike will be minor. If they wait until 2032, the increase will be brutal.

Similarly, if they pass a law today to phase in an increase to the retirement age, the change will be minor. If they wait a decade, the increase will be much more dramatic.

Yet Congress is—predictably—the least capable group on the planet when it comes to handling obvious problems.

Sure, most likely they won’t let Social Security fail. But the longer they wait, the more likely the eventual fix will simply be a multi-trillion-dollar bailout funded by “printing” money.

The national debt will continue its upward surge, taxpayers will fork over more money, and inflation will quicken.

Bisignano, Social Security’s new “CEO” commissioner, shows what is possible when government changes its posture.

Instead of the usual “F-you, take a number” attitude, Bisignano’s team worked to serve people more efficiently and respectfully. That massive cultural shift moved the needle almost instantly—wait times fell, backlogs shrank, and an agency long known for dysfunction suddenly became usable.

It shouldn’t stop there. The same mindset could be applied to bigger problems—Social Security’s solvency, immigration, debt. None of these are mysteries. The solutions already exist. It’s not rocket science. What’s required is competence and a willingness to act early, before the problems metastasize.

But that’s the catch. The most incompetent body of all—Congress—is the one charged with making those decisions.

And until voters stop sending the same clowns back to Washington, nothing changes.

These are people who can’t balance a budget, can’t read a balance sheet, and can barely string together a coherent thought—yet they’re entrusted with fixing the nation’s most critical programs.

It’s no wonder every solution comes too late, costs too much, and creates another crisis in the process.

To your freedom,  James Hickman  Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/at-least-social-security-will-go-bankrupt-with-good-customer-service-153350/?inf_contact_key=e21695cdb5f635a85ef471c2b0f9388bba8ff3863183781c7b2987210877c199

Evening News with MarkZ. 08/18/2025

Evening News with MarkZ. 08/18/2025

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

Mod: HELLO EVERYONE! GLAD YOU ALL CAN MAKE IT!

Member: Hello and! ARE WE THERE YET? PLEASE!

 Member: Seems like several folks think tomorrow is a possibility. Someday , Somebody is going to be right.

Member: we need some good RV news. This part of the movie seems stagnant.

MZ: Good Evening……I am doing a short news update after a rough travel day. So keeping it short.

MZ: I am not expecting any bond news until tomorrow on Tuesday. I know a couple people who did a lot of paperwork last week. They are excited because “payday” is supposed to be occurring this week.

MZ: I had some lovely conversations today with Iraqi contacts. They are expecting and hoping for a big announcement on Tuesday on the HCL gas laws. They are being told to expect a major announcement on that front. That there was a major breakthrough. I don’t know if it means a full HCL agreement  but they are looking for some kind of announcement tomorrow.

Member: Mark Nader posted a video of coalition forces packing up.

Member: Frank26 says his job is done…he was teary eyed.

Member: I pray we have the RV before the end of August

Member: Get some rest Mark….See everyone in the morning.

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://rumble.com/user/theoriginalmarkz

Kick:  https://kick.com/theoriginalmarkz

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Youtube:     https://www.youtube.com/watch?v=yk0ro8TCEHg

"MAJOR ALERT! Trump's Surprise Gold Strategy Will Send Gold Above $20,000/Oz" – Andy Schectman

"MAJOR ALERT! Trump's Surprise Gold Strategy Will Send Gold Above $20,000/Oz" – Andy Schectman

Finance Log:   8-17-2025

The possibility of a gold revaluation in the United States is no longer a fringe discussion. With Scott Bessent now serving as Treasury Secretary, the signals coming out of Washington suggest that gold is once again being considered as a pillar of fiscal and monetary strategy.

Judy Shelton, long associated with calls for a return to sound money, has openly floated the idea of issuing Treasury Trust Bonds tied to gold—potentially as early as July 4th, 2026, the 250th anniversary of American independence.

The symbolism is deliberate: a declaration of economic renewal backed by the one asset that has anchored monetary systems for millennia.

But it may not just be about the future—it could already be underway.

Andy Schectman points to staggering amounts of physical gold quietly being drawn out of COMEX since last November. Over $100 billion worth of gold has moved, with delivery percentages far exceeding historic norms.

For decades, less than one percent of contracts stood for delivery. Now, we’re seeing 100 percent fulfillment in certain contract months, with billions leaving the ecosystem.

The obvious question is: who is buying all this gold? The secrecy and scale strongly suggest that it is not hedge funds or private investors.

The possibility that the U.S. government itself is behind this accumulation cannot be ignored.

https://www.youtube.com/watch?v=FmX4yRvhU_U

Iraq Economic News and Points To Ponder Monday Afternoon 8-18-25

The Central Bank Of Iraq Sold More Than $35 Billion In Sales Over The Past Five Months

Banks   Economy News – Baghdad  The Central Bank's hard currency sales on Monday amounted to more than $35 billion over the past five months.

The bank stated in a statistic that "the bank's hard currency sales during the first five months of 2025 amounted to $35 billion and 201 million."

He continued, "Sales were distributed between external transfers amounting to $30.264 million, international settlements amounting to $3.649 billion, and cash sales amounting to $1.288 billion."

The bank noted that these sales, during the first five months of the current year, amounted to $35.2 billion, a 15.66% increase over the same period last year, which amounted to $30.435 billion.
https://economy-news.net/content.php?id=58926

A Slight Rise In The Dollar Price In The Markets Of Baghdad And Erbil

Monday, August 18, 2025 | Economic Number of reads: 188  Baghdad / NINA / The US dollar exchange rate rose slightly, Monday morning, in the markets of Baghdad and Erbil.

The selling price of the dollar in the Al-Kifah and Al-Harithiya stock exchanges recorded 140,950 Iraqi dinars for $100, compared to 140,450 dinars for $100 yesterday, Sunday.

The selling price in the exchange market in the local markets in Baghdad recorded 142,000 dinars for $100, and the buying price was 140,000 dinars for $100.

In Erbil, the dollar recorded a similar rise, as the selling price reached 140,750 dinars for every $100, while the buying price was 140,650 dinars for $100. https://ninanews.com/Website/News/Details?key=1246943

Al-Alaq Details Iraq's Banking Reform Plan

Banks  Economy News – Baghdad   Central Bank Governor Ali Al-Alaq clarified the details of the banking reform plan on Monday, particularly regarding the foreign partner and the plan's objectives.

 He emphasized that the foreign partner is not a condition of the reform plan, while noting that the banking reform is based on international laws and standards.

Al-Alaq said, "The banking reform plan is not a surprise, but rather a well-thought-out plan that took more than a year to develop, in coordination with banks and international bodies. It was agreed upon the need to review the Iraqi banking sector after years of practical experience."

He pointed out that, "After the emergence of many problems, an agreement was reached between all parties to adopt a plan that places our banks within international standards and practices, and within the framework of the Central Bank Law and the Iraqi Banking Law.

Therefore, the standards are not innovative, but rather stem from the Central Bank Law and international practices and standards." He explained that, "The goal of these standards is to ensure that the status of banks is stable and secure, that they have the ability to deal externally, and that they are accepted internally and externally."

Regarding enhancing confidence in banks, Al-Alaq explained: "It is often mentioned that the plan included the inclusion of a foreign partner, while the plan, in all its details, did not include this. We are talking about diversified ownership by financial institutions and individuals, and these Iraqi institutions are more deserving of participation."

He continued, "The plan also included the establishment of a fund for Iraqis that would allow a number of local shareholders, and even citizens, to enter into partnerships with banks." He emphasized that "bringing in a foreign partner is not prohibited, but it is not a requirement, as rumored. We publish all the criteria in detail, and this is not mentioned in them."

The Central Bank Governor added, "After a thorough study of the plan and in agreement with international bodies and correspondent banks, we believe that banks that can adhere to these standards will have their dollar transactions lifted and will establish normal relationships with foreign correspondent banks.

Therefore, the matter is optional, and banks that do not wish to participate in this plan have another option, but they must present alternatives that enable them to be accepted locally and internationally."

He pointed out that "one of the outcomes of the plan we are working on is to address the situation of deprived banks. If banks are able to adhere to the agreed-upon local and international standards, restrictions related to dealing in dollars will be lifted from them."

He emphasized that "the plan is designed to benefit banks, and those who believe they are unable to implement it should offer themselves other solutions to address the problem."  https://economy-news.net/content.php?id=58922

The Planning Ministry Is Discussing With Sectoral Ministries The Mechanisms For Proposing And Financing Projects With World Bank Loans

Monday, August 18, 2025 | Economic Number of reads: 213  Baghdad / NINA / The Ministry of Planning held its third joint meeting on Monday with a number of sectoral ministries to discuss mechanisms for proposing projects and financing them through World Bank loans.

The meeting was chaired, according to a statement by the ministry, by the Director General of the Sector Planning Department at the ministry, Basem Dhari Mahmoud, with the participation of representatives from the Ministries of Construction, Housing, Municipalities and Public Works, Water Resources, Agriculture, Environment, Education, in addition to the Baghdad Municipality.

The meeting discussed most of the projects submitted by the sectoral agencies and completing their financing ceilings in line with the national development plan and the integrated strategy for education. The projects will be presented and approved during the coming period in coordination with the World Bank, in preparation for their inclusion in the general budget law for next year. https://ninanews.com/Website/News/Details?key=1246992

Gold Prices Rebound From Lows, Eyes On Trump-Zelensky Meeting

Monday, August 18, 2025 | Economic Number of reads: 245   Baghdad / NINA / Gold prices rose on Monday, after hitting their lowest level in two weeks, supported by a decline in US Treasury yields, as investors awaited a meeting between US President Donald Trump, Ukrainian President Volodymyr Zelensky, and European leaders to discuss a peace agreement with Russia.

By dawn today, spot gold rose 0.3% to $3,345.64 per ounce, after recording its lowest level since August 1.  US gold futures for December delivery also rose 0.3%, to $3,391.80.

Investors are also awaiting the annual conference of the Federal Reserve (the US central bank) in Jackson Hole, Wyoming.

Economists largely expect the US central bank to announce an interest rate cut in September, its first cut this year, with a second cut possible by the end of the year amid mounting US economic woes.

As for other precious metals, silver rose in spot transactions by 0.3% to $38.08 per ounce, platinum rose by 0.8% to $1,346.61 per ounce, and palladium rose by 1.3% to $1,126.85 per ounce. /End
https://ninanews.com/Website/News/Details?key=1246922

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

Seeds of Wisdom RV and Economic Updates Monday Afternoon 8-18-25

Good Afternoon Dinar Recaps,

BRICS Members in 2025: Full List, New Member Countries & Global Impact

The BRICS alliance has expanded significantly, now including eleven member nations as of 2025. What began with five founding members has grown into a geopolitical and economic force representing over 40% of the world’s population and 37.3% of global GDP. With Saudi Arabia finalizing its membership in July 2025, BRICS continues to attract nations searching for alternatives to Western-led institutions.

Current BRICS Members and Expansion

Originally formed in 2006 by Brazil, Russia, India, and China—later joined by South Africa in 2010—the BRICS bloc has become an anchor for emerging economies.

• 2024 expansion: Egypt, Ethiopia, Iran, and the United Arab Emirates joined on January 1, 2024.

• 2025 expansion: Indonesia joined in January 2025, followed by Saudi Arabia in July 2025.

This brings the current BRICS membership to eleven nations.

Chinese President Xi Jinping emphasized:
“Adding new economies will inject new vitality into BRICS cooperation and increase the representativeness and influence of BRICS.”

Which Countries Want to Join BRICS

Interest continues to rise, with 32 countries signaling interest and 23 filing official applications.

The alliance has also created a circle of 13 “partner countries,” including Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, and Uzbekistan.

Top candidates for membership include:

• Bahrain

• Malaysia

• Turkey

• Vietnam

• Belarus

• Sri Lanka

• Mexico

• Kuwait

• Thailand

• Uzbekistan

Oil producers such as Bahrain and Kuwait aim to leverage their resources as strategic bargaining chips, while Mexico could deliver Latin American access and Belarus offers an Eastern European foothold.

Thailand stated:
“Joining BRICS would benefit Thailand in many respects and boost prospects of being one of the international economic policy makers.”

Economic Impact of BRICS

The expanded bloc now represents 3.3 billion people and wields 37.3% of global GDP (PPP).

• China: 19.05%

• India: 8.23%

With Iran, UAE, and Saudi Arabia onboard, BRICS members control nearly half of global oil production and roughly 35% of total oil consumption.

S&P Global noted:
“With Saudi onboard the BRICS grouping would be a commodities powerhouse.”

Meanwhile, the New Development Bank (NDB) has financed over $32 billion across 96 projects since 2016, pioneering local-currency infrastructure loans that reduce reliance on the U.S. dollar.

Challenges Facing BRICS

Despite its growth, the alliance faces internal divisions:

• China and Russia are pushing rapid expansion.

• Brazil and India are urging a more cautious approach.

This tension has slowed decision-making on new member admissions and economic integration strategies.

Political reactions have been sharp:

• U.S. President Donald Trump dismissed the bloc outright: “BRICS is dead.”

• UN Secretary-General António Guterres highlighted its appeal to developing nations:
  “This system was created by rich countries to benefit rich countries. Practically no African country was sitting at the table of the Bretton Woods Agreement.”

Global Shift

The BRICS expansion underscores a multipolar shift in global governance, giving developing nations new financial and trade pathways outside the traditional Western order. With dozens of nations waiting to join, BRICS is positioning itself as the central counterweight to the U.S.-led system in global finance, energy, and trade.

@ Newshounds News™
Source: Watcher.Guru   

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Gold Revaluation to $15,000, Here's The Secret Plan For a U.S. Reset

Gold Revaluation to $15,000, Here's The Secret Plan For a U.S. Reset

Daniela Cambone:  8-18-2025

“Gold is heading to $15,000 an ounce,” says former Swiss banker Clive Thompson in this exclusive conversation with Daniela Cambone.

 With U.S. debt exploding and interest costs devouring nearly 20% of tax revenues, Thompson argues Washington’s only lifeline is to revalue its gold reserves, unlocking trillions without adding to the national debt.

“It’s the same playbook from 1934,” he warns, pointing to a quiet plan already in motion that could hand the Treasury $3.9 trillion overnight.

 Thompson calls $15,000 the “sweet spot” — high enough to ease the debt spiral but not so high as to trigger a dollar collapse. Such a move, he explains, would ignite silver past $100, squeeze America’s creditors, and accelerate a global rush into hard assets.

With Fed rate cuts now certain, COMEX inventories draining, and hedge funds taking physical delivery, Thompson says the world is “waking up to gold’s return as money.”

https://www.youtube.com/watch?v=9PAcuS1YGG4

News, Rumors and Opinions Monday 8-18-2025

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.

Restored Republic via a GCR: Update as of Mon. 18 August 2025

Compiled Mon. 18 August 2025 12:01 am EST by Judy Byington

Possible Global Currency Reset and EBS Timing:

Sun. 17 Aug. 2025: Oil exports from the Kurdistan Region of Iraq to Turkey’s Ceyhan port are set to resume within hours, ending a halt of more than two years. An agreement has been reached between the KRG and the Iraqi Ministry of Oil.

An informed source told Channel 8 that Iraqi oil exports will begin this week (Mon. 18 Aug) after 28 months of suspension. (Such could not (allegedly) happen unless the Iraqi Dinar had revalued with an international rate). Majeed KSA on X: / X

Sun. 17 Aug. 2025: “The US-led global international coalition is already packing their stuff and ready to leave Iraq. “ Remember Trump said they aren’t leaving until they get paid in full. https://x.com/majeed66224499/status/1957148043658297637

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Sun. 17 Aug. 2025 High Up Rumors were that it would be wise to stay inside for the next couple of days as chaos was about to hit nations across the Globe. … on Telegram

Trump has given the Green Light for the new Quantum Financial System to slide into place.

The Global Military Alliance and BRICS Nations’ recent (alleged) implementation of the Quantum Financial System changed all. Now every stolen dollar, every offshore vault, every hidden transaction — was tracked, blocked and reversed.

The QFS didn’t just bypass the banks. It (allegedly) replaced them.

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Sun. 17 Aug. 2025 Nesara Gesara Rollout Notice …Mr. Pool on Telegram

Treasury begins gold and commodity peg alignment; Dollar moves to asset basis.

Debt Jubilee protocols tested in three states; interest arrears marked fulfilled.

QFS settlement rail handles Federal payrolls and pensions; public wallets Phase Two opens

Withholding on wages paused; funding shifted to tariffs and resource duties.

Mortgage and title audits start; unlawful fees flagged for repayment.

Small Business relief and revaluation windows scheduled; community banks join the new ledger.

EBS briefings will explain Nesara Gesara benefits prior to full implementation

Keep documents handy, save statements; do not sign new loan terms until briefings.

Read full post here:  https://dinarchronicles.com/2025/08/18/restored-republic-via-a-gcr-update-as-of-august-18-2025/

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

Militia Man  We're going to maybe see a surprise.  Because Iran is one of Iraq's largest trading partners.  Yes we've had sanctions and we have some conflict in the Middle East...There's two articles about Iran removing 4 zeros...One of the things that's interesting here and it's no different than Iraq is that I know they were going to talks about coinage in Iraq again...Iran's gong to drop 4-zeros off their currency and Iraq is going to drop 3 zeros...They're trading partners.  That kind of levels the playing field...If they can do the same thing at or around the same time, that might be a surprise.

Mnt Goat  Another item is the much-needed Oil and Gas law.  Article:  “ERBIL, BAGHDAD SIGN OIL EXPORT MECHANISM AGREEMENT”.  In a major breakthrough, the Kurdistan Regional Government’s (KRG) Ministry of Natural Resources and the Iraqi Ministry of Oil have finalized and signed a comprehensive agreement on the mechanism to resume oil exports from the Kurdistan Region, paving the way to end a costly suspension that has been in place since March 2023. So, although they may not have the new Oil and Gas Law fully in parliament yet, we learned that they are getting very close to resolving past issues and use these crises to build the new law, as the years passed.

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Iraq's Central Bank of Iraq News: Mandates for End of 2025

Edu Matrix:  8-17-2025

raq’s Central Bank is making some of its biggest moves in years!  From ambitious new banking reforms to partnerships with Egypt on digital transformation, these changes could reshape Iraq’s financial future. In this video, we’ll break down the most important updates:

 Why banks must raise their capital to 400 billion dinars by 2025

How Iraq is working with Egypt to expand digital banking and fight money laundering

The Central Bank’s daily dollar auctions and what they mean for the Iraqi dinar

 New security upgrades to protect financial operations

Support programs for displaced families in Nineveh and Duhok

Whether you’re following the Iraqi dinar, interested in global finance, or just want to stay updated on Middle East economics, this video will give you a clear and simple explanation of what’s happening right now.

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

MilitiaMan and Crew: Iraq Dinar News Update-K2 Integrity-Oil-Salaries-REER

MilitiaMan and Crew:  Iraq Dinar News Update-K2 Integrity-Oil-Salaries-REER

8-18-2025

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=ijsJtPsyR88

Iraq Economic News and Points To Ponder Monday Morning 8-18-25

Philosophy Of Economic Empowerment
 
Economic 2025/08/18   Abdul Zahra Muhammad Al-Hindawi   Months ago, the Ministry of Labor
 launched a series of initiatives  aimed at transforming social protection beneficiaries  from aid recipients to productive members of the labor market.
 
It also launched intensive efforts to rehabilitate large numbers of young people through training courses that provide them with the skills necessary to integrate into the labor market.

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Undoubtedly, these policies express the true philosophy behind the concept of economic empowerment for poor families, which represents a shift from the logic of temporary support to sustainable production.
 
The assistance received by social protection beneficiaries should be a transitional phase,
     enabling individuals to   overcome their difficult circumstances and  reach a stage of self-sufficiency and self-reliance.
 
Of course, there are groups who cannot be deprived of these benefits,
     such as the elderly or those with complex disabilities,
     who have lost the ability to meet their basic needs.
 
Although Iraq's social protection policy has largely succeeded in   reducing poverty rates and
 saving thousands of families from destitution,  it has also created financial and structural challenges.
 
The increase in the number of families covered by the program to more than two million means that we are talking about nearly a quarter of Iraq's population,  which places increasing pressure on the general budget.
 
Furthermore, some youth groups now view the subsidy salary as a convenient solution that replaces work,  given the lack of incentives for development or engagement in the production market.
 
In the face of these challenges, the Ministry of Labor and Social Affairs has taken action along three integrated paths.
 
The first is to identify the truly poor, which has contributed to improving inclusion standards and making them more equitable and realistic.
 
The second path involves clearing the protection network of those who are not entitled to it,
 which represents a significant achievement in   rationalizing spending and   directing support to those who deserve it.
 
The third path has been directed towards strengthening economic empowerment,
which represents the most important pillar, as it aims to address poverty at its roots.
 
Empowerment is the transition from the concept of "receiving aid" to "creating opportunity," and from a state of helplessness to a space for production.

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Therefore, it requires    greater attention from the state and   more coordination between the Ministries of    Labor,  Planning,   Education,    Finance, and the   private sector to  support small projects and   encourage youth to innovate and produce,   instead of relying on and waiting for aid.
 
The experiences of many countries, such as China, Brazil, India, and Rwanda,
     have proven that economic empowerment policies are not only more sustainable,
     but also lead to reduced dependence on government support and broad-based economic growth.
 
What we need today is to reframe our priorities so that empowerment policies become the norm,
and aid becomes a temporary exception.
 
The future of social justice in Iraq lies not only in the efficient distribution of aid,
 but also in our ability to transform beneficiaries into producers, and  rependents into economic actors.
 
This is the essence of the empowerment philosophy,  in light of which policies must be reshaped.    
  
https://alsabaah.iq/119086-.html  

Al-Ahly First, Baghdad Second... Bank Profits Reveal Foreign Dominance
 
August 16, 2025 Last updated: August 16, 2025   Al-Mustaqilla/- A document obtained by the Independent Press Agency revealed the profit rates of Iraqi banks during the first half of this year,  shedding light on the    reality of the banking sector and the   dominance of some foreign banks within it.
 
According to the document, the     National Bank of Iraq topped the list of profits, occupying first place, while the     Bank of Baghdad came in second, and     Mansour Bank came in third.
 
Data indicates that profits generated by foreign banks operating in Iraq remain substantial,
     amounting to hundreds of millions of dollars, even as  the local banking sector faces widespread criticism for its     poor performance and     declining public confidence.
 
This arrangement comes amid an ongoing crisis of confidence between the public and Iraqi banks,
     particularly after a number of banks were placed on US sanctions lists, and     others were subjected to    liquidation or   audit procedures by the Central Bank.
 
Observers believe that the continued dominance of foreign banks in the Iraqi market reflects the
     fragility of the financial structure of local banks and   their weak ability to compete.
 
This requires radical reforms to   banking policies and a   comprehensive restructuring of the sector
 to bolster depositor confidence. https://mustaqila.com/الأهلي-أولاً-وبغداد-ثانياً-أرباح-المص/   

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The Central Bank Announces The Launch Of A Project Financing Guide.
 
August 17, 2025  The Central Bank of Iraq announced the launch of a guide to accessing financing for small, medium, and micro enterprises,  in cooperation with the  German International Cooperation Agency (GIZ) and the   Iraqi Private Banks Association.
 
In his speech during the launch ceremony of the guide,
the Deputy Governor of the Central Bank of Iraq, Dr. Ammar Khalaf, said:
 
“Iraq has witnessed a multiplicity of lending providers.
 
The Central Bank of Iraq, through the National Lending Strategy,
has developed a guide that complements this strategy.
 
It   enables entrepreneurs to develop their businesses and  provides a mature and informative destination for all loans, providing a new opportunity for  easier access and    faster procedures for obtaining financing.”
 
The Deputy Governor noted that  the banking reform strategy adopted by the Central Bank of Iraq
 will support procedures for accessing project financing according to a clear vision          to enhance confidence in the Iraqi banking system.
    
    Central Bank of Iraq    Media Office    https://cbi.iq/news/view/2959 

 
An Economist Points To Strategic Gains Iraq Is Making In The Oil And Water Sectors.
 
Economy, | 504   Baghdad Today – Baghdad  Economic expert Nabil Al-Marsoumi confirmed on Saturday (August 16, 2025) that the  construction of the Iraq-Syria pipeline represents a strategic gain that reduces shipping distances to European markets.

He also pointed out that  the joint seawater supply project is the key to achieving huge gains in oil production from Iraq.
 
Al-Marsoumi said in a post on his Facebook account, followed by Baghdad Today, that  
“in 2009, the Ministry of Oil formed a team headed by Engineer Alaa Al-Asadi to discover and inspect the Iraqi-Syrian pipeline from Kirkuk to the Syrian border with the Italian company Saipem,” noting that
 
“the committee stated in its report that the cost of rehabilitating the pipeline amounted to $780 million,
while the cost of establishing a new pipeline with a length of 888 km, a diameter of 40 inches, and a
capacity of 1.250 million barrels per day reached $11 billion at 2009 prices, and
 
it is expected that the cost will rise to $14 billion at today’s prices,
     especially since the pipeline is completely destroyed.”

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 He added,  Although this pipeline is a strategic gain,
     reducing shipping distances to European markets,
     reducing dependence on chokepoints in the Arabian Gulf, and
     giving Iraq an additional option for exporting north at a time when its only current route,
     via the port of Ceyhan in Turkey, is facing severe pressure, transporting crude oil from Kirkuk to southern Iraq for export to the Gulf is still the cheapest route by about $1 per barrel.
 
This cost will rise to between $3 and $5 per barrel in tariffs and insurance via the Kirkuk-Banias pipeline, in addition to additional capital investments to repair the pipeline." He indicated that
 
"transportation costs and transit fees will rise significantly if the transport of Kirkuk oil is limited, as the pipeline's capacity will not exceed 300,000 barrels per day."
 
In another context, the economic expert explained that the China Petroleum Engineering and Construction Corporation (CPECC) won a contract for a seawater pipeline project from processing facilities to various oil fields throughout Basra, valued at $2.524 billion. He pointed out that
 
"the joint seawater supply project is the key to achieving massive gains in oil production from Iraq.
 
The seawater project is one of four projects that have been referred to the French company Total as part of the integrated southern project.
 
It aims to provide 5 million barrels per day, later increasing to 7.5 million barrels per day,
 
for the purpose of water injection and sustaining oil production in the Basra, Maysan and Dhi Qar fields, and over a length of no less than 1,000 kilometers of fields."
 
The British newspaper, The Guardian, published a shocking report on how oil companies are using fresh water in oil extraction operations, depriving citizens and agriculture in the country of huge quantities of water, exposing the environment to serious risks, and contributing to the spread of serious diseases.
 
According to the newspaper, an analysis of satellite images revealed that the Italian company Eni is building a dam on the Basra Canal to divert water to its treatment plants.
 
Other companies, such as BP and ExxonMobil, are using up to 25% of Iraq's potable water for the same purpose.     https://baghdadtoday.news/281029-.html  

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

Seeds of Wisdom RV and Economic Updates Monday Morning 8-18-25

Good Morning Dinar Recaps,

The United States Prepares a Complete Overhaul of DeFi

Regulatory Overhaul on the Horizon

The U.S. Treasury has placed decentralized finance (DeFi) under sweeping review as part of the GENIUS Act, signed in July 2025 by President Donald Trump. The initiative targets the anonymity of DeFi transactions, aiming to combat money laundering and terrorist financing by embedding digital identity verification directly into DeFi smart contracts.

This would require users to prove their identity—via government-issued IDs or even biometric data—before completing transactions.

Coding Compliance Into DeFi

The Treasury’s proposal seeks to integrate KYC (Know Your Customer) requirements into the very code of DeFi protocols. According to its official notice, these identity tools are meant to balance compliance with user privacy, while reducing burdens for financial institutions.

Banks and regulators largely support the move, but many in the crypto community view it as a threat to anonymity and a break from DeFi’s founding principles.

Technology at the Center

The consultation paper highlights four key tools for regulatory enforcement:

• Artificial Intelligence

• Surveillance APIs

• Blockchain Analytics

• Digital Identity Systems

By making these technologies native features of DeFi platforms, regulators aim to ensure the law cannot be circumvented through code.

Industry Reactions

• Crypto Community: Critics warn of a dangerous precedent, fearing that U.S.-mandated universal KYC could spread globally and stifle innovation. Concerns also focus on data protection risks if personal identifiers are hard-coded into protocols.

• Banking Sector: Groups like the Bank Policy Institute (BPI) support the move but also flagged loopholes in the GENIUS Act, warning Congress that some stablecoin issuers could bypass interest-payment restrictions, potentially shifting up to $6.6 trillion in bank deposits into stablecoins.

Key Facts and Timeline

• Public consultation launched: August 18, 2025

• Comments accepted until: October 17, 2025

• Applies to: All DeFi platforms offering services in the U.S.

• Targeted enforcement tools: API, AI, blockchain monitoring, digital identity

Political Pushback

Not all policymakers are aligned. Senator Elizabeth Warren argues the GENIUS Act could weaken transparency rather than strengthen it, legitimizing opaque practices under the guise of innovation.

The Bigger Picture

The U.S. strategy represents a paradigm shift: regulation will be embedded in DeFi infrastructure itself. The era of uncontrolled decentralized finance is ending, and the next chapter will test how much freedom DeFi can retain under government scrutiny.

@ Newshounds News™
Source: CoinTribune

~~~~~~~~~

Will U.S. Regulation Kill Decentralized Finance, or Simply Reshape It?

The United States has moved from watching decentralized finance (DeFi) to attempting to engineer regulation directly into its foundations. Under the GENIUS Act, the Treasury is consulting on rules that would insert identity verification and compliance mechanisms into the very code of DeFi smart contracts. The official justification is clear: stop money laundering, curb terrorist financing, and close loopholes that could drain liquidity from traditional banks.

But the deeper question remains — will this end decentralization?

The Case for the “End of DeFi”

For many, the answer is yes — at least within U.S. borders. By requiring:

• Portable digital identifiers for every transaction,

• KYC baked into smart contracts, and

• AI-driven compliance tools tied directly to platforms,

the government would effectively erase the anonymity and permissionless nature that define DeFi. In this model, “decentralized” finance begins to look more like a tokenized extension of the banking system, where innovation bends to regulatory code.

The Counterpoint: DeFi is Global

Yet DeFi was never designed to exist in a single jurisdiction. Code can be deployed anywhere, and users can access protocols across borders. If the U.S. tightens rules, offshore DeFi will continue without these restrictions, keeping anonymity and censorship resistance alive. Other nations may even embrace this shift, hoping to attract the next wave of innovation that America appears to be constraining.

A Two-Track Future

Rather than a complete “end,” what is emerging is a split reality:

1. Regulated DeFi (CeDeFi):

• U.S. and European platforms that integrate KYC and compliance.

• Tailored for banks, institutional investors, and regulated entities.

• Less innovation, but far more legitimacy in financial markets.

2. True DeFi (Permissionless):

• Offshore or pseudonymous projects that maintain full decentralization.

• Higher innovation potential, but riskier for users facing regulatory pushback.

• Likely to attract those unwilling to trade away anonymity.

Why the U.S. is Pushing Now

The timing is not accidental. Bank groups warn that up to $6.6 trillion in deposits could flow into stablecoins, destabilizing traditional finance. For regulators, the threat is not just about crime or terrorism — it is about control of capital flows. If trillions shift into DeFi outside the banking system, central banks lose visibility and authority.

Conclusion: Decentralization Won’t Die, But It Will Change

The U.S. is not ending DeFi — it is reshaping it into a regulated, institution-friendly framework. True decentralization will survive, but it may migrate offshore, becoming harder for Americans to access.

The result? Two parallel worlds:

• Compliant DeFi for Wall Street.

• Permissionless DeFi for the rest of the world.

In this sense, the fight over DeFi’s future is not about technology alone — it is about whether financial sovereignty remains in the hands of individuals, or is recoded into the architecture of regulation.

@ Newshounds News™
Source:  AI ChatGPT

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XRP News: Can Ripple Replace Banks Worldwide?

Riccardo Spagni’s viral post reignites debate as Ripple rides legal victories, political endorsements, and market optimism.

A viral post from Riccardo Spagni, the former lead developer of Monero, has thrust XRP back into the spotlight — and reignited one of crypto’s most divisive debates: can Ripple and XRP eventually replace banks?

Ripple Momentum Builds on Legal & Political Wins

The timing of Spagni’s remarks is significant. Ripple has been riding a string of favorable developments, including the SEC formally dropping its lawsuit against the company. The momentum was amplified when President Donald Trump named XRP as a potential part of the U.S. digital asset reserve stockpile — a surprise endorsement that sent ripples across markets.

XRP’s performance reflects this surge in confidence. Rising from under $1 in late 2024 to over $3.60 by mid-2025, XRP has remained one of the year’s strongest tokens, even after retracing from recent highs. Ripple continues to push its narrative of XRP as a global bridge currency, further boosting investor interest.

Critics Push Back: “Replacing Banks is Unrealistic”

Not everyone is convinced. Spagni revealed that a close friend — previously skeptical of crypto — wanted to buy XRP, persuaded by the belief that banks would be gone within two years. While bullish XRP holders welcomed the statement, critics quickly pushed back.

Skeptics argue that XRP cannot truly replace banks, and warn that granting such influence to Ripple risks creating a single point of failure — running counter to blockchain’s promise of decentralization. Some community members dismissed the hype outright, calling it little more than an orchestrated marketing narrative.

Analysts Warn of Downside Pressure

Amid the heated debate, on-chain analyst Ali Martinez issued a cautious note. He observed that XRP has recently slipped below the key $3 support level, which could expose the token to further downside — possibly to $2.60 or even $2 if bearish momentum accelerates.

At the same time, XRP bulls remain undeterred, with some analysts continuing to forecast a potential rally to $4 by year-end. For many newcomers — like the friend in Spagni’s story — optimism appears to outweigh caution.

Ripple’s Marketing Engine in Overdrive

Even Ripple’s harshest critics concede one thing: its marketing machine is unmatched in crypto. Social media engagement around XRP consistently outpaces most other tokens, drawing fresh retail investors into the ecosystem.

But detractors argue this success is fueled by questionable narratives. Some allege that Ripple funds campaigns exaggerating the collapse of banks or the inevitability of XRP as the “global bridge asset.” One critic, known online as Fish Catfish, even suggested investigative journalists should scrutinize Ripple’s media influence more closely.

Outlook

The debate over XRP’s ultimate role is far from settled. Supporters see Ripple as the front-runner for global financial integration, while critics view it as overhyped and fundamentally centralized.

What remains undeniable is that XRP continues to command disproportionate attention in crypto markets — whether as the future of finance, or as one of the industry’s most polarizing tokens.

@ Newshounds News™
Source: Coinpedia

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Investors May Soon Earn 4–7% Annual Yield on XRP Holdings

Flare Labs and Firelight are collaborating to bring decentralized finance opportunities to XRP holders, with projected yields ranging from 4% to 7% annually.

Flare & Firelight Introduce XRP Yield Opportunities
In a recent interview with Scott Melker, Hugo Philion (CEO of Flare Labs) and Jesus Rodriguez (CTO of Sentora and lead at Firelight) revealed details of their joint initiative. The project aims to allow XRP holders to lend, borrow, and generate yield—unlocking new use cases for an asset historically used only for payments.

Philion compared the concept to Ethereum’s MakerDAO, where investors can lock XRP as collateral to mint stablecoins, acquire assets, or provide liquidity to DeFi protocols. He emphasized that Flare’s approach avoids custodial risks by using FXRP, a wrapped version of XRP secured by network validators, enabling non-custodial transfers and lending.

4–7% Yield Potential for Idle XRP
Rodriguez highlighted that internal tests showed potential annual returns of 4% to 7% for XRP holders. He described this as groundbreaking for an asset that has traditionally generated no yield, noting that restaking strategies could further expand XRP’s DeFi capabilities.

Community Divided on Risk vs. Reward
The XRP community has responded with mixed reactions:

• Brad Kimes (Digital Perspectives): Called it a milestone that could unlock “the biggest release of idle liquidity in crypto,” comparing it to turning XRP into a bond-like income stream.

• Attorney Bill Morgan: Welcomed the yield prospects as a much-needed incentive for long-term holders.

• Vet (XRP Ledger validator): Warned that 7% yield may not justify the risks of deploying volatile assets into DeFi strategies, urging the ecosystem to move beyond short-term speculation.

Morgan suggested that the ideal product would allow holders to lock XRP long-term while borrowing safely against it for liquidity, though such solutions remain in development.

With Flare and Firelight pushing ahead, XRP could soon transform from a non-yielding asset into one that provides steady income streams, potentially reshaping its role in global finance.

@ Newshounds News™
Source: The Crypto Basic

~~~~~~~~~

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Thank you Dinar Recaps

“Tidbits From TNT” Monday Morning 8-18-2025

TNT:

Tishwash:  Some of them are crucial.. The Coordination Framework will meet tomorrow to discuss five files.

An informed source within the Coordination Framework, which brings together Shiite political forces excluding the Sadrist bloc, revealed the agenda for the framework's meeting scheduled for Monday evening, Sunday.

The source told Shafaq News Agency, "The framework will discuss a number of important issues tomorrow, Monday, including the visit of the Secretary of Iran's Supreme National Security Council, Ali Larijani, to Baghdad last Monday, and his signing of a security memorandum of understanding related to security coordination on the common border between the two countries."

He added, "The framework will also discuss the withdrawal of US forces from Iraq according to the agreed-upon timetable, including a full withdrawal from the Iraqi government-controlled area by September 2025, and from the Kurdistan Region by September 2026."

He pointed out that "the Coordination Framework will also discuss the issue of oil exports via the Turkish port of Ceyhan, which has been suspended since March 2023 following a ruling by the International Chamber of Commerce's Court of Arbitration in Paris, resulting in losses estimated at billions of dollars due to the disruption of supplies."

The source also revealed that the framework will discuss the parliamentary elections scheduled for November 11, 2025, the issue of the Electoral Commission's disqualification of some candidates, and the compensation mechanism for those excluded, who number in the hundreds.

In this context, the source noted that "the Coordination Framework forces may resort to holding a subsequent meeting with the head of the High Elections Commission to discuss the exclusion and compensation mechanism in some detail and in accordance with applicable laws."

For its part, the Electoral Commission clarified that the disqualifications were due to the candidates' violation of Article 7/Third of the House of Representatives Elections Law of 2018.

Article 7/Thirdly, of the law stipulates that the candidate must be “of good character and conduct, and not have received a previous pardon for crimes of financial and administrative corruption or misdemeanors that violate honor.”

As for the final aspect of the framework meeting, the source said it "will include a discussion of the possibility of passing the Popular Mobilization Law and its future consequences for the country. This is expected to be discussed in a preliminary manner during tomorrow's meeting, Monday. A special meeting may be held regarding the Popular Mobilization Law to agree on a mechanism for passing it or postponing it to the next session, in a manner consistent with the requirements of the current stage."

In this regard, Ibtisam al-Hilali, a member of the Coordination Framework, revealed to Shafaq News Agency on Sunday that there is a movement within the House of Representatives to collect signatures to hold an upcoming session to vote on the Popular Mobilization Forces (PMF) law.

However, Member of Parliament Jawad al-Yasari previously confirmed to Shafaq News Agency that there is no directive from the parliament's presidency or a concrete date for resuming scheduled sessions to discuss and vote on a number of important laws, including the Popular Mobilization Forces law  link

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Tishwash:  Al-Rasheed begins disbursing the first semi-annual interest on national bonds.

Rashid Bank announced today, Sunday, the commencement of disbursing the first semi-annual interest to holders of the first national bond issue, affirming its commitment to the timetable previously set by the Central Bank of Iraq and the Ministry of Finance.

The bank explained in a statement that "this step comes within the framework of its efforts to enhance confidence in national bonds as a safe savings and investment tool, in addition to their contribution to diversifying funding sources and supporting the national economy."

The bank urged citizens to "visit the relevant branches to receive their dues," stressing that "national bonds represent an important investment opportunity for citizens, as they offer generous returns with full government guarantees, which contributes to attracting local savings and directing them toward development projects."  link

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Tishwash:  The Association of Banks announces the launch of a guide to accessing finance in Iraq.

The Iraqi Private Banks Association announced today, Sunday, the launch of a guide to accessing finance in Iraq under the auspices of the German Development Cooperation Agency (GIZ) and the Central Bank of Iraq, noting that the launch of this guide is a fundamental step towards building the national economy.

"The launch of the Access to Finance Guide in Iraq is a fundamental step toward empowering entrepreneurs, small and medium-sized enterprise owners, and all those seeking to contribute to building our national economy," said Ali Tariq, CEO of the Iraqi Private Banks Association, in a speech at the launch event of the Access to Finance Guide.

He added, "Access to financing is one of the biggest challenges facing youth and the private sector in Iraq today. Many innovative ideas and promising projects are stalled due to a lack of clear information about funding sources, available mechanisms, and required procedures." He explained that "this guide will serve as a simplified, practical reference, bringing together various financing tools and options that can benefit investors, entrepreneurs, or any startup."

He continued, "This guide would not have seen the light of day without the fruitful cooperation between the GIZ and the Central Bank, in the belief that enhancing financial inclusion and empowering the private sector represent a fundamental gateway to economic reform in Iraq."

He continued: "We are currently experiencing a pivotal phase in the development process, as the state moves to support and develop the private sector to become an effective partner in building the economy and diversifying sources of income." He pointed out that "this guide is not just a document, but rather a practical tool that will help thousands of young men and women and entrepreneurs identify the options available to them, whether through banks, financing companies, or government and international support programs."

He explained that "the Iraqi Private Banks Association affirms its commitment to working side by side with its partners to overcome obstacles, simplify procedures, and develop the business environment, thus opening the door to investment and innovation."

He pointed out that "the launch of this guide today is a message of hope to Iraqi youth that opportunities exist, support is available, and success is possible when there is determination and resolve, along with sound planning and cooperation." He expressed his thanks to "everyone who contributed to the preparation of this guide, and to all the parties that offered their expertise and support to make this initiative a success. I also thank you for inviting us to participate in issuing this guide, which reflects your commitment to supporting the economic reform process in Iraq."

He expressed his hope that "Iraq will witness more initiatives that will positively impact development and prosperity."  link

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Mot:  .. school - back he is !!!!  

Mot:  school - first day