Iraq Economic News and Points To Ponder Wednesday Afternoon 8-27-25

Estimated At $500 Billion, Legal Researcher: Recovering Smuggled Iraqi Funds Is Possible Through International Agreements.

Wednesday, August 27, 2025, | Politics Number of reads: 149   Baghdad / NINA / Legal researcher Ali Al-Tamimi confirmed that Iraq has the legal paths and international agreements that allow it to recover the money smuggled out of the country, estimated at $500 billion.

Al-Tamimi said in a statement, "The 2005 United Nations Anti-Money Laundering Convention on the recovery of smuggled funds stipulated in Articles (55 and 56) clear mechanisms for recovery, and Iraq signed it by Law No. (35) of 2007," indicating that "these funds are estimated at $500 billion."

He added, "There are about $65 billion in the US Federal Reserve that belong to the former regime and are the property of the Iraqi people, and Iraq can claim them according to Article (28) of the 2008 Iraqi-American Strategic Agreement, which allows Iraq to request economic assistance from the United States."

Al-Tamimi pointed out that "Article (50) of the United Nations Charter allows countries fighting parties under Chapter VII to request economic assistance from the Security Council. Britain and France have announced their readiness to provide assistance, and Iraq has already fought ISIS, which is listed under Chapter VII pursuant to Security Council Resolution No. 2170 of 2014."

He continued, "Iraq has exited Chapter VI of the United Nations Charter after fully paying the financial dues with Kuwait, which amounted to $4.5 billion, but the continuation of political, security and economic crises may lead to the Security Council returning to placing Iraq under international trusteeship, i.e. Chapter VII."

Al-Tamimi pointed out that "countries such as the Philippines, Nigeria, Algeria and Egypt have succeeded in recovering their smuggled funds under the aforementioned agreement, in coordination with the United Nations and the countries in which these funds were deposited, and this is a passable path for Iraq as well." https://ninanews.com/Website/News/Details?key=1248744

Congress Expresses The US Administration's Desire For Close Cooperation With Iraq To Achieve Stability In The Region.

Local  A US congressional delegation expressed, on Wednesday, the US administration's desire for close cooperation with Iraq to achieve stability in the region.

The Prime Minister's media office said in a statement, "Prime Minister Mohammed Shia al-Sudani received, today, Wednesday, a delegation from the US Congress, including two members of the House of Representatives: Darin Lahoud from the Republican Party, and Steve Cohen from the Democratic Party, where they discussed developing bilateral relations and ways to enhance them in various fields."

The Prime Minister welcomed the visiting delegation's visit to Baghdad and commended their efforts to strengthen bilateral relations, particularly within the framework of the Strategic Framework Agreement. He also stressed Iraq's keenness to enhance joint cooperation with the United States, particularly in the fields of energy and investment.

The situation in the region was reviewed, with the Prime Minister pointing to "Iraq's firm and supportive stance toward dialogue to establish security and stability and expand the scope of the relationship to include various sectors."

For their part, the congressional delegation expressed their admiration for "the progress achieved in Iraq in terms of construction and stability, and thanked Iraq for its close cooperation in the fight against terrorism," praising "the level of the relationship between the two countries and considering it an essential relationship for the United States."

They described Iraq as "an important partner," noting the US administration's desire to cooperate closely with Iraq and work with it to achieve stability throughout the region. https://economy-news.net/content.php?id=59313

To Maintain Economic Security, National Security Announces "Qualitative Operations" And Seizes Materials Worth Billions.

Local  The National Security Service announced, on Wednesday, the implementation of qualitative operations to combat smuggling, while seizing materials worth billions.

A statement by the service said, "As part of the ongoing efforts to maintain the country's economic security and combat smuggling and illegal imports, the National Security Service, in cooperation with its specialized directorates, carried out a series of qualitative security operations in several governorates, resulting in the seizure of large quantities of smuggled materials that violate legal controls."

The statement added, "The Ports Security Directorate, in cooperation with the Anbar Security Directorate, and based on accurate intelligence information and intensive field follow-up, was able to seize two vehicles loaded with (48 tons) of chicken imported from origins legally prohibited from import, in addition to arresting the drivers and referring them to the competent judicial authorities.

It was also able to thwart an attempt to smuggle a large quantity of prohibited materials, as two large vehicles were seized containing (3,640 cartons of food and food prohibited from import), with three suspects arrested and all seized items referred to the competent authorities."

In Diyala Governorate, security detachments seized two vehicles carrying live chickens with an increase estimated at (3,650 chickens) without a proper veterinary health certificate, and they were referred to the competent authorities based on a proper seizure report, according to the statement.

He continued: "Our apparatus in Kirkuk, in cooperation with the Ports Security Directorate, succeeded in thwarting an aluminum smuggling operation during a thorough inspection campaign, where three transport vehicles carrying (17 tons) of aluminum were seized due to violating the legally specified shipment route, and the vehicles and drivers were handed over to the competent authorities to complete the investigations.

" The Ports Security Directorate in Baghdad carried out "a qualitative security operation that resulted in the seizure of a large shipment of smuggled motorcycles, where a large transport vehicle was seized containing a container inside it containing (400) motorcycles prohibited from import, with the driver arrested and detained pending investigation."

The statement concluded by stressing that "all the aforementioned operations were carried out after obtaining the necessary judicial approvals, and all the seized items and the accused were handed over to the competent authorities to take the necessary legal measures in accordance with the applicable laws." https://economy-news.net/content.php?id=59310

Makiya: Iraq Has The Potential And Opportunities To Become A Global Investment Hub.

Reconstruction and construction   Economy News – Baghdad  Chairman of the National Investment Commission, Haider Makiya, said on Wednesday that Iraq possesses the potential to become a global investment hub.

This came in a speech he delivered during a workshop held at the Commission's building in the capital, Baghdad, on security and investment.

In his speech, Makiya said that experience has proven that when an investor enters a country, he seeks to ensure the security of his capital, and that security is not only a factor that helps investment, but is also a condition for its existence and continuity.

He added that the Authority is responsible for providing investment opportunities in collaboration with security and executive institutions to protect projects from the laying of the foundation stone until they are operational.

Makiya also emphasized that successful investment cannot thrive in an isolated environment. Rather, we require the cooperation of the entire state and a strategic framework between the security services and executive institutions.     https://economy-news.net/content.php?id=59301

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

4 Secrets of the Truly Wealthy, According to Dave Ramsey

4 Secrets of the Truly Wealthy, According to Dave Ramsey

Caitlyn Moorhead   Wed, August 27,   GOBankingRates

One of Dave Ramsey’s most consistent pieces of financial advice is that wealth-building isn’t necessarily tied to how much money you make, but rather how you manage what you have. Many people assume that earning a higher income automatically leads to wealth, but Ramsey points out that a disciplined approach to spending and saving is far more important. Truly wealthy people live below their means and when they do spend money, they don’t advertise it.

Essentially, saving consistently is more important than the size of your paycheck or what you splurge on. Known for his no-nonsense approach to personal finance, Ramsey has helped millions of people get out of debt and take control of their financial futures. But what separates those who simply earn a good living from the truly wealthy?

According to Ramsey, “When you quit worrying about what people think and you’re actually living life for you and your family — that causes you to make completely different purchases and live a completely different lifestyle.” Here are key principles that truly wealthy people understand and practice consistently.

They Don’t Dress To Impress

The wealthy don’t leave their financial futures to chance. They create a plan, stick to it and regularly review it, which doesn’t leave a lot of wiggle room for extravagant purchases like designer clothing. Think about some of the billionaires you see in the news — many aren’t dressing like a million bucks even though they have more than a billion bucks.

Ramsey would recommend taking baby steps toward building an emergency fund, paying off debt or investing for retirement well before you spend thousands of dollars on pants or shoes. The truly wealthy know where their money is going each month and it’s not hanging in their closet.

They Don’t Share Their Vacation Pictures

Ramsey is a strong advocate for long-term investing and wealth-building strategies. However, once someone has grown their wealth to be in a place where they are considered rich, they tend not to advertise how much they have or are spending.

Some of the most lavish and luxurious expenses can include trips the wealthy take, but the truly wealthy don’t let you know about those.

Ramsey said, “They enjoy nice vacations but they seldom post them for you to see on Instagram because they didn’t take you on vacation. They wanted to go on vacation.”

They Keep Their Holiday Spending in Check

Generosity is a hallmark of the truly wealthy, and giving often brings even more fulfillment than financial success. However, that doesn’t mean they spend everything they can afford to during the holiday season.

TO READ MORE:   https://www.yahoo.com/finance/news/4-secrets-truly-wealthy-according-110551464.html

$6.4 Trillion Debt Wall Hits as Treasury Scrambles for Buyers

$6.4 Trillion Debt Wall Hits as Treasury Scrambles for Buyers

Taylor Kenny:  8-26-2025

The U.S. national debt isn’t just a number on a ledger; it’s a critical indicator of the nation’s financial health, and right now, it’s flashing red. A recent video from ITM Trading featuring Taylor Kenney sheds alarming light on the unprecedented challenges facing the country’s debt refinancing process, a situation that could have profound implications for every American.

Here’s the stark reality: by the end of 2025, the U.S. will need to refinance a staggering $6.4 trillion in debt. To put that in perspective, imagine a mortgage payment so massive that the entire global financial system is scrambling to find lenders.

This isn’t just a problem for future generations; it’s an immediate, looming crisis that requires a deeper understanding.

So, what happens if demand for U.S. debt falters, and these strategies fail? The video highlights the ultimate, and perhaps most concerning, fallback: the Federal Reserve could resort to printing money to finance the debt.

This isn’t just a problem for politicians and economists; it’s a wake-up call for every individual. The video from ITM Trading advocates for preparing for these risks by diversifying wealth outside of the conventional financial system.

Specifically, it emphasizes the importance of physical gold and silver. These precious metals have historically served as reliable stores of value and wealth preservers during periods of currency collapse and economic instability.

They represent a tangible asset that isn’t dependent on the solvency of any government or the stability of a fiat currency.

The U.S. national debt crisis is a complex and evolving situation with potentially severe consequences. Staying informed, understanding the risks, and considering proactive strategies to protect your financial future has never been more critical.

https://youtu.be/xsmhrrvim3o

Bruce’s Big Call Dinar Intel Tuesday Night 8-26-25

Bruce’s Big Call Dinar Intel Tuesday Night 8-26-25

Transcribed By WiserNow Emailed To Recaps  (INTEL ONLY)

Welcome everybody the big call tonight. It's Tuesday, August 26TH  and you're listening to the big call. Thanks everybody for tuning in again. Good to have you back in the house, in the hizzy, as it were, and thank you. Thank you for tuning in over this past 14 years of the big call. Thanks everybody for listening. Soften the tone a little bit, and let's go right into a prayer.

All right, let's talk about the intel that we have. Alright, there was something online that I was told about, that I understood what it was about, and I need to clarify it.

It was somebody that posted something, and some of you guys read this individual and have seen this, it said something to the fact of you'll have 48 to 72 hours for your exchange. And it was misunderstood. I think it was misrepresented to begin with, so I'm going to clear it for anybody that's seen that first of all your exchange, you'll have more like two to three weeks to do your exchange.

Some redemption centers could be open longer if they're in real busy areas, like places in Florida, but the 48 to 72 hours was what they would like for you to have to set up your appointments for your exchanges and your redemption and sale.

They would like for you to set up your appointments once the toll free number comes out, and it's out either through me or however it's available to you, whether it's the email that's coming from Wells Fargo, whenever it hits, they would like for us in tier 4b to book our appointment at the redemption centers in 48 to 72 hours. Some of you guys will be on it, like white on rice and put it out immediately.

As soon as you get the number you're able to call, boom, it's done right away. I know I'm going to be that way. I'm going to set my appointment up early. But they don't they. They're saying, Please set your appointment up in two to three days. That's 48 to 72 hours, two to three days.

Now, if you're not able to do that, it's okay. You can still but they prefer if you can set it up early in that way. They know how many people they've got booked, and they can book the schedule for the first week or two, and just let everybody come in when, when they can, based on the appointment, you can't, willy nilly walk into a redemption center. Ain't going to happen.

 You've got to set an appointment, and it's for your own security, your own protection. Okay, that's what it's for. So you know, that's why there more than 10 minutes before your appointed time. Let's say one is at 11am don't get there before 1050 in the morning. Okay? And don't be late.

Oh, no, this one time you got to be on time. Don't be late. If you late. You thought we take it to the back of the line, back of the line. Don't do that  -- THEY WANT US in and out of there in 30 to 40 minutes. 30 to 40 and if you've got bonds, other than zIm, you've got sheet bonds, a box.

You can take up to two or three boxes of bonds, but you got to let them know when you call to set your appointment in the redemption center make sure they have a bond person that can handle those bonds for you. That's why you let them know.

That's why when you call the redemption center, excuse me, when you call the call center to set up your appointment with the redemption center, you're getting it transferred to the redemption center that is the one that's appropriate for your zip code.

And then if, if they  don't direct you a reroute your phone call to the redemption center, they'll give you another number to call that'll be a direct line to that redemption center so you can talk to somebody, and they'll know what the deal is and what when you're coming.

So I wanted to clarify that two to three days is what they prefer for you to take to call and set your appointment. You'll have two to three weeks, your exchanges, your appointment. Let's say you're going on vacation for a week, and you're  going on a cruise, you're coming back - You know when you're coming back, you set it up for the day after you get back from your cruise.

You see what I'm saying. A lot of people are going cruising right now, and this whole thing could go down. Who knows? We'll see what happens on the rest of the Intel. But that's very important.

The other thing that I want to talk about for a minute is NESARA and GESARA -- For a long time, I had trouble remembering. What do those letters stand for? I didn't have it right well, I got it right now, NESARA  that's for the United States. Why it's called national  economic security and reformation act.  

NESARA, N, E, S, A, R, A, national economic security. And I think you want to say those two words together, national economic security and reformation act. We're talking about economic security with NESARA for the whole country, economic security and reformation, or reforming the way we do business. We're reforming the banking system.

We're reforming a lot of things, is that you'll see same thing's true about  GESARA - the global economic security and reformation act. That's for other countries outside of the United States. They go underGESARA . We are under NESARA was passed a long time ago, and it's never been enacted, but it's about to be and what is the one of the first things that's going to be dealt with NESARA is our new asset backed currency, which we call the USN, because that's the three letter designation that appears for it on forex.

It was USD, United States dollar or Fiat dollar that was a Federal Reserve Note, okay, this is a USN, which is a United States Treasury currency. It was actually United States Treasury dollar. It's based on assets that are backing it in our US Treasury. It's gold, it's silver, we have palladium.

We have platinum as precious metals. We have gems. We've got oil, we've got natural gas. We have other assets that are used to back up that can give $1 our new dollar value, our treasury dollar of value you saw today where the governor  of the Federal Reserve was fired, and we think that the Next step is to remove Jerome Powell as director of the Federal Reserve, the Fed will remain as a rolled into part of the United States Treasury, the new US Treasury.

And if we refer to that, we're talking about the new Federal Reserve, because I believe President Trump is to elect a new or appointed governor to the Fed, and probably very soon, we'll have the resignation of Jerome Powell, And then somebody else can take over that responsibility and reduce these ridiculously high interest rates.

That's something that's been a pet peeve of President Trump for a while now, because the rates are way higher than any other country in the world, and we don't need to have them high because it's holding back the purchase of homes at reasonable interest rates. Reasonable, I believe President Trump wants homes to be able to be purchased for one and a half or 2% interest rate. Buy homes for that.

You know, there was a time in the 70s when homes were you could buy a home, and it cost you 17, 18% interest equal what happened. And we know of that. But fortunately, you know, rates have come down, they've gone up, they've come down. You know, it's it's just been a real crazy thing, but I can't wait for that to occur.

And then, of course, you guys know the so called Doge payments. Those checks are supposed to be coming as well, and supposed to get the so called which, by the way, the DOGE should be in the first start in the first week of September.

 I have heard that first week of September is when we also have the  tariff dividends, or tariff rebate tax. They call them both. President Trump likes the term dividend. These are dividends from the billions and trillions of dollars that we're taking in, as Tariffs from other countries that are trading with us. We're going from an internal revenue service to an external revenue service. President Trump set all that up.

That's the way this country, before the IRS was created, and our Fiat dollar was created back in 1912 1913 okay, what's it called? The secret of Jekyll Island? I think it is need to watch that watch that video, or hear that video, or read the book. I think it's called The Secret of Jekyll Island, Jekyll Island, Georgia, I believe, I think I've been there.

So listen, this whole thing is about to revert back to what it was before, when the when the US was collecting tariffs from other countries, and we were rich. Then all of a sudden, our whole financial system got changed by certain individuals, and we're about to get it back. We're about to we are already making moves now to get it back, this new currency we have the USN, my understanding is it's already there. It's already being traded as such. And you know, it's going to be great for us, you know.

And also, look, people think, Okay, what about the dollar? Oh, the dollar is going to collapse. Oh, no, the sky is falling. Hey, guess what? We want the USB to class. We want it to go down. But guess what? Is that going to affect the stock markets? It shouldn't when you're replacing it with an asset backed, gold, backed dollar, I don't see it. I don't see it. I just don't

I mean, there may be some, some change in the system when that happens and it's already happening. You know, when we used to wire money, remember using the SWIFT system, and the wire could get held up for three or four days, maybe a week. You know, it was crazy.

But now we're going to send funds account to account, using an account, what's called a ledger to ledger, transfer ledger to ledger, not using the SWIFT codes. It's going to be completely different and very fast. They can send money now and in less than 10 seconds anywhere in the world.

And yes, they're using the Starlink satellite system and the quantum financial system and the FinTech system, all of it and blockchain technology, it's all interconnected. It's integrated, kind of like Sue's integrated minds@hushmail.com integrated minds, everything's integrated. That's the way it should be.

So we're moving forward with that. What else we want to talk about? You know, GESARA is going to include some things, guys. It includes our new USN, which is an asset backed dollar, okay? It includes the new banking system, the quantum financial system.

It includes debt relief, or debt jubilee, you know, being able to  no longer be debt slaves in the US and globally, too around the world, but we're going to have refunding of what we paid in they traded on our birth certificates, they traded on our marriage licenses, they traded on divorce decrees, they traded on death certificates, they traded on all those four instruments on our lives, and we're going to get that money that applies to us back.

That's part of the R and R. If you bought a house or two or three homes in your life and you paid interest through a mortgage, you'll get that mortgage interest back. If you bought half a dozen cars in your life and you financed them, you'll get the car interest back from your auto loans through the bank.

 If you have any lines of credit that you set up through the bank that you paid interest on, you'll get that back. You'll get your tax money back from state and federal taxes that you paid in I can’t speak to all the taxes that we paid, but we'll get a bunch of it back, and it should be a pretty hefty sum.

What's happening is, I think the DOGE payments and R&R will come out as a quote cover for us doing exchanges, we've got approximately one point  nine million.   (1.9 million)  currency holders Sounds like the numbers low to me in North America, 1.9 million?  Shoot, like we have more than that just from listening to the big call, but that's what I've heard a couple weeks ago.

So let's round up and say there's 2 million still in the bus when the US population is around 333, 40 million. Some of those are kids, of course, right? But we'll just go with the number we've got zim holders. I'm hearing very a lot lower are zoom holders.

I think people had to stretch to believe in the value of the zim, which will be one to one with the US dollar, by the way, one to one. So I So we've got zip holders, they maybe 29,000 – is that all? I can't imagine that. That figure is low to me

Who are the biggest holders? Zim holders, a house.  FLORIDA Texas has more zim. But fewer people with the zim --  That's where people would understand more Zim holders in Florida, Zim, Texas boys, they gotta mess of them .

As they say in the south, we got a mess of it, all right, so they got a mess of it. You go to California, they're number four, Indiana, number five, and then it goes. It goes down from there. So I think this is a really good opportunity for us to see more about this process – We got some stuff later this afternoon, but I found very interesting this. I don't fade away on you.

This we have people that are working with our treasury secretary in the new US Treasury, let's call it, and we're hearing things that are saying that they're expecting some more people in the treasury are expecting to get email from Department of Defense by nine in the morning tomorrow that would tell them if the DoD is giving the green light.

 Green means go and it means the green light, if it's in that email to go, that's a very good sign, because what happens is, DOD gives the green light to Treasury. Treasury gives the green light to wells and to HSBC. So it's a little bit of a process. Shouldn't take very long. So that is supposed to occur. If it occurs by not suppose that between 939 and 930 tomorrow morning, Eastern Time.

So we're hearing some other things about the core groups in the admiral, some things about them getting a go for release tomorrow morning. And that was wonderful to hear. And it was right around the same time, so of course, it was based on Eastern time, so we'll see if that comes through.

And what we're hearing is from our contact in the treasury. We're hearing that bond holders are supposed to also at approximately that same time, 9 – 9:30 that will tell them they have money in their account and will give them access ability to access those funds in their accounts.

So bondholders have to have a reason to spend this money on projects. They can't just willy nilly spend, spend, spend. They have to have sort of pre approved projects to go into, not us. These are the  bonh holders – the ones that are in tier three. So will we have a true shotgun start, meaning a double barreled shotgun, both barrels going off at the same time. I don't know about that.

I would say it could be close if bond owners get the go ahead the green light tomorrow, could we be on Thursday? One day later, maybe we'll find out more tomorrow. About that tomorrow, mid morning. But the good news is that it there are things happening. I told you guys last Thursday about the ABCs.

They're doing certain program trades, along with the saint germane trust. They've got funds that are, you know, pretty substantial amount of funds that are going into gold backed instruments values. Let's call them, going back, bonds.

Banks, let's call them, gold backed bonds that are being used to leverage a line of credit, and then they're using the lines of credit to pay out advances. And bond holders ABC bond, and then currency holders like us, currencies, that ABC is still, I believe I've been told, is still in play.

Now, I know I'm the only one out there that version that it's happening. I'm getting it from one source. I don't know it. You know, if there's that set of information. And then there's a set I just gave you about tomorrow for bond holders, tomorrow, expecting a green light from DOD the other if we get it, if we don't get it tomorrow, I'm just saying I'm going to defer to my other intel provider that’s taking a longer track - the short track, you know, is Thursday, is what first week starting in September. So we're not that far from it.

Either way, these two sides will merge, and there'll be it'll be clear, and it'll be a same from both, not right now, it's not the same. I'm telling you guys what I'm hearing, and then it's up to you to take it or receive it or not, and then what I think is cool is we're in the process where NESARA  is about to be brought out.

We know that we need a change in the Fed Reserve for the new Fed. We have the new the governor was let go by President Trump of the Federal Reserve. Now we need a new director. Now is that going to happen tomorrow? I don't know. I hope so. I mean, things are happening in sanctuary cities, DC’ s clean up, Chicago's being cleaned up. LA we need we need Seattle and we need Portland. We need some of these other cities to be cleaned up. But these guys are on it. Our guys are on it big time.

So realize this. You're part of the NESARA national economic security and reformation act. This is about reforming the way we reforming the way we bank, reforming the way we buy things. And it's economic security that just feels good to me. I think you can feel very good right now about where process.

You can feel really good about where we and where we're going and how we'll be able to wake up Meyer does every morning and say, Who can I bless? I've put somebody in my path today. Give me somebody that I can bless. Today, we'll be having that in space, looking forward to it, guys, we don't need all this money for ourselves.

You know that if you're a Zim holder, you better be thinking about other people and about, you can be a humanitarian level the playing field and around the globe.

It's going to be incredible. And I'm excited about it. I'm excited about where this is going  world. No, I can't predict exactly when, as you guys know, I'm optimistic, but I'm trying to be realistic about the timing might be.

And I appreciate you guys you know don't ask for patience or  God will put like 10 million things in your path that you have to go through to get patience. We have patience. We've had the patience to endure this. For me, 20 years, 14 years on the big call, you know. And I think it's been great. I've enjoyed it, guys, this has been a very interesting and elevating ride for all of us.

And I hope you guys can see that and know that you've learned things on the big call - but I've learned something, and Sue's going to test me on Friday morning that I should have learned the last five years, 10 years. So I have till Friday to come up with something. No, I'm just playing, but it is. It's going to be fun. Let's see how she responds to my to my answer Friday

Is next week, so I'm going to say anxious to see, but not anxious, not anxious, but we're excited to find out tomorrow morning ish, whether or not DoD is given the green light or not to go because remember, DOD gives the green light. Treasury gives the green light to Wells and then to HSBC, the two main banks, HSBC for most of the rest of the world, Santander, for Latin America. Santander Bank, And then also, don't forget, truist bank. So it's your tier one bank. But redemption centers is the ticket. The rates are going to be better. Oh, nobody has a contract rate on the dinar but the redemption centers, by the way.

And you ask them for the rate if they don't offer it to you, ask them politely, please may I have the contract rate on my dinar. Thank you very much – Its going to be great

That’s what I wanted to say tonight so let’s pray the call out  and we’ll see what happens  between now and then

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Bruce’s Big Call Dinar Intel Thursday Night 8-1-25 REPLAY LINK   Intel begins   1:10:00

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

Bruce’s Big Call Dinar Intel Tuesday Night 7-29-25 REPLAY LINK   Intel Begins   1:09:30

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

Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 8-27-25

Good Afternoon Dinar Recaps,

BRICS Plan: China’s New Currency Backed by Electricity, Not Oil

China is preparing to launch a bold new digital currency model that could redefine global trade: an electricity-backed renminbi. Unlike traditional fiat systems tied to gold reserves or oil exports, digital currencies allow nations to peg value to their most strategic resources. For China, that asset is electricity.

This move highlights the versatility of digital currencies in the 21st century — where countries are no longer constrained to gold or oil but can leverage the resource base where they hold the greatest advantage.

From Gold & Oil to Electricity: A New Reserve Standard

Historically, major currencies have drawn legitimacy from the resources underpinning them:

• Gold underpinned global money for centuries.

• The U.S. dollar rose to power by linking itself to oil through the petrodollar system.

Now, as economies transition toward clean energy, China is pioneering the first electricity-backed digital trade currency. Payments for international electricity exports would be required in renminbi, boosting demand for the currency across energy markets much as oil once did for the dollar.

Why Electricity Works as a Digital Currency Backing

Digital currencies make it possible to tie money directly to flow-based assets — like electricity — which were historically difficult to use as reserves. Electricity is:

• Universal: Every modern economy runs on power.

• Measurable in real-time: Digital ledgers can account for generation and consumption with precision.

• Scalable: China’s renewable build-out creates near-unlimited capacity for growth.

This shows how digital money can anchor itself to whatever resource a nation excels in, whether that be gold, oil, lithium, water, or electricity.

China’s Energy Projects Fuel the Strategy

China’s dominance in renewable power is anchored by record-breaking infrastructure projects:

• The world’s first thorium reactor is now online.

• The Yarlong Tampu Mega Dam in Tibet will generate 300 billion kilowatt hours annually, enough to power the entire United Kingdom.

These projects provide both the supply base and the financial leverage for an electricity-backed monetary system.

BRICS De-Dollarization in Action

China is already applying this strategy across the Global South:

• Laos signed a $1.45 billion clean energy deal settled directly in renminbi.

• Ghana’s hydropower station supplies one-third of national electricity under RMB-based financing.

Each project bypasses the dollar, embedding renminbi-backed digital finance into local economies.

The Bigger Picture: Digital Currency Versatility

China’s experiment underscores the evolution of money:

• Gold-backed digital assets (tokenized reserves)

• Commodity-backed stablecoins (oil, natural gas, lithium)

• Electricity-backed digital currencies (China’s latest model)

By leveraging blockchain, nations can monetize their strongest assets in ways the old system never allowed.

Sidebar: Ripple and the Asset-Backed Digital Currency Trend

While BRICS nations experiment with electricity and gold, the U.S. is pursuing its own digital asset strategy through Ripple and regulated stablecoins. Ripple’s work with central banks and institutions demonstrates how tokenized reserves can be tied to real-world assets — from fiat dollars to commodities.

This shows the versatility of digital currencies:

• China/BRICS: Electricity, oil, gold, or minerals.

• Ripple/U.S.: Dollar reserves and tokenized assets.

Both approaches highlight the same principle: in the digital age, currencies don’t need to be tied to just gold. Instead, nations can monetize their strongest assets to anchor value and build resilience into the global financial system.

Outlook

If successful, China’s electricity-backed digital renminbi could:

• Reduce global reliance on the dollar in energy trade

• Internationalize the RMB across renewable-powered economies

• Demonstrate a new paradigm where digital currencies are flexible enough to be tied to any resource a nation chooses

In parallel, Ripple’s asset-backed token strategies show the West can leverage the same principle with regulated digital currencies. Together, these developments illustrate a new era of programmable, resource-backed money.

@ Newshounds News™
Source: Watcher.Guru

~~~~~~~~~

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Thank you Dinar Recaps

The Fed Can’t Save us from a 70% Market Crash!

The Fed Can’t Save us from a 70% Market Crash!

Wealthion:  8-26-2025

Are we standing at the precipice of an economic reckoning?

According to veteran investor and organic chemist Dave Collum, the answer is a resounding yes. In a recent, in-depth conversation with Wealthion, Collum delivered a sobering assessment of the global markets, arguing that the entire economic system is engulfed in a “massive bubble” unlike anything we’ve witnessed before.

His insights paint a stark picture, suggesting that the “game is over” for conventional monetary policy and an inevitable, significant correction looms.

Collum doesn’t mince words: current market valuations are at historically unprecedented levels, soaring approximately 200% above the long-term average. This isn’t just a deviation; it’s a dramatic inflation that, according to Collum, signals an inevitable “regression to the mean.” What could this mean for your portfolio? He warns of a potential 65-70% correction in the S&P 500, a figure that should make any investor sit up and take notice.

A critical component of Collum’s argument is the ineffectiveness of traditional tools available to the Federal Reserve. He believes that the conventional monetary policies designed to manage economic cycles and control inflation are no longer viable. With interest rates already low and aggressive stimulus measures having been exhausted, the Fed is “white-knuckling” its approach, lacking the tailwinds it once enjoyed.

Collum, reflecting on his decades-long investing career, draws parallels to the late 1990s tech bubble. However, he emphasizes a crucial distinction: the current bubble is “far more pervasive.” This isn’t just about overvalued tech stocks; it affects almost every asset class and economic sector, extending even to the prices of basic goods like eggs.

Official inflation statistics, Collum contends, have significantly understated the true picture for years. He estimates real inflation could be double the reported figures, masking an ongoing recession in real terms.

 This hidden inflation creates a precarious environment where inflation expectations are already baked into wages and contracts, severely limiting the Fed’s ability to maneuver without triggering widespread market chaos.

Finally, Collum critiques the overly optimistic return expectations held by many investors. He points out that over long time horizons, inflation-adjusted returns on equities have been historically low, and current valuations imply future returns will likely be negative or very subdued.

Dave Collum’s insights serve as a powerful wake-up call, urging investors to re-evaluate their strategies in what he describes as an unprecedented and dangerous economic landscape. His message is clear: the rules of the game have changed, and a cautious, contrarian approach focused on safety and real assets may be the wisest path forward.

For a deeper dive into Dave Collum’s insights and a full understanding of his compelling arguments, be sure to watch the full video from Wealthion.

https://youtu.be/PV6C5QSWv_M

Coffee with MarkZ, joined by Andy Schectman. 08/27/2025

Coffee with MarkZ, joined by Andy Schectman. 08/27/2025

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

Member: Good morning, MarkZ, Andy, Mods, and everyone!

Member: Should we be excited yet Mark?

MZ: I just got some interesting group news from some group leaders. It started with a conversation with a group leader of a large group of currency holders…..They are feeling frustration and irritation because they cannot send updates because everybody is leaking them on the internet…..which causes issues on timing….other group leaders have the same frustrations

MZ: There is paperwork they need but they cannot ask for it because they can’t trust group members not to leak.

MZ: I know many of you are frustrated that there are no updates…..but, they are forced to not give updates. This made sense and makes me feel better. I understand now that they can’t say anything.

Member: Frank said on last nights video that Sudani is coming to the USA to meet with Trump this September….no articles on it out yet.  

Member: How can we spend money….buy a new house ect…if we are under an NDA?

MZ: I was told repeatedly that unless you have projects….there will be no NDA.

Member : Some are saying the dinar is $6.08 according to their TV news

MZ: I have not heard from my contacts it was actually on their TV ….but there are lots of rumors in that price range.

Member: Melanie Hinds says the rate is $4.81 on the back side of forex…what does that mean?

MZ:  They have seen some rates bouncing that show as a “hold” That is one of the rates they have seen the last couple of days…..Every so often they see fluctuating rates, but they are not allowed to trade them but-between that price figure of $4.81 and the rate of $6.08 is kinda the range rates have been fluctuating. That is what I was told by folks that work in the industry.

MZ: I believe they could be testing rates and the impact on other currencies. Think of it as a throwing a rock in the pond and all the ripples that go out. What happens if you throw 2 or 3 rocks? The riplples start affecting each other.  If you were to throw 200 good sized rocks in the pond. Can you imagine how all the ripples would affect each other???

MZ: Forex people also believe we are very close. And they to have to prep their systems and be ready. They need to be prepared at a moments notice.

MZ: My gut feels the rate will be somewhere in the high $4’s……

Member: What’s the chances of dong revaluing for over a dollar?

Member: If all currencies go to parity worldwide  like 1 to 1 rates…..all currencies could be over $1.

MZ: In Iraq: “ Planning announces the adoption of a mechanism to combat adulterated gold on a large scale”  this is fake gold or thinned down gold. They have had a problem with fake coins and fake jewelry as well. They are fixated on gold. They are building a “gold city” or multi block area that is only for gold or silver smiths and metals trading including a mini version of the Shanghai gold exchange and London’s gold bullion market…..I am looking for a massive gold breakout soon.  

Member: Mark, according to the US dept clock, there are 23,701.858 millionaires in America

Member: Majeed feels we’re super close…by end of August. Great interview on YT with him on Maria Nichole’s podcast.

Member: Well this is a 3 day Labor day weekend coming up…….Let that RV trigger go!!!!!

MZ:  Tomorrow I will focus on how you will get notices (to exchange) no matter where you are in the world.

 Andy Schecctman from Miles Franklin joins the stream today. Please listen to the 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

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

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

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

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

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL  TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

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

News, Rumors and Opinions Wednesday 8-27-2025

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

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 27 August 2025

Compiled Wed. 27 August 2025 12:01 am EST by Judy Byington

Judy Note: Please be wary of exchanging foreign currency at a bank. They have to give you the lower international rate (such as Chase was offering beginning Wed. 27 Aug. 2025 as per the below video). We have been told we will obtain higher exchange rates through an exchange appointment at an official Redemption Center. Plus, Banks cannot redeem the Zimbabwe Bond. Redemption Centers will be available worldwide. In the US they were to be located within 70 miles of everyone’s home.

Mon. 1 Sept. 2025 The Hour Is Almost Upon Us: “What Trump has set in motion defies belief. We’re about to see a monetary event unlike any in history.”…Jim Rickards

https://www.thegatewaypundit.com/2025/08/government-insider-massive-wealth-transfer-could-begin-september-4/

Mark your calendar: September 1st, 2025 could be the most important date for American investors in over a century. That’s when the government could begin the largest release of national wealth since Lincoln’s Homestead Act of 1862.

Jim Rickards – former advisor to the CIA, Treasury, and Pentagon – just revealed the stunning details in an emergency presentation that’s sending shockwaves through Washington.

“What Trump has set in motion defies belief,” Rickards explained. “We’re about to see a monetary event unlike any in history.”

 Here’s what’s happening:

Trump is preparing to unlock what he calls a “national endowment” worth at least $150 trillion. That’s enough money to buy every company on the NASDAQ, every private home in America, and every Bitcoin in existence – with trillions left over.

 But this isn’t some government handout program. This is about unleashing America’s vast mineral wealth that’s been locked up by environmental regulations for decades.

 Most people don’t realize this… But the government controls 250 million acres of land containing world-class deposits of copper, lithium, gold, and rare earth metals. Resources worth more than the GDP of every other nation combined.

And thanks to Trump’s recent legislation, the first land sales could begin as early as September 1st.

It seems that smart money is already positioning for this historic event. Warren Buffett’s Berkshire Hathaway has been buying mining stocks. Billionaires like Bill Gates and Jeff Bezos are pouring fortunes into this sector.

 But here’s the twist: Regular investors may have an advantage over the ultra-wealthy in this situation. Rickards has identified a handful of companies that could explode when the land rush begins.

WATCH RICKARDS’ FULL BRIEFING HERE

https://pro.paradigmnewsletters.org/p/awn_birthrightopt_0525/PAWN5357/?h=true

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

Tues. 26 Aug. 2025: After two decades of anticipation, the Iraqi Dinar Revaluation was set to begin on August 27, 2025 according to the below video. This breaking update has caught the attention of global investors, IQD holders, and financial analysts worldwide. In this video, we’ll dive deep into the latest Iraqi Dinar news, the expected IQD rate changes, and what this historic Dinar RV could mean for international markets. After Two Decades! Iraqi Dinar Revaluation Finally Begins August 27, 2025

Tues. 26 Aug. 2025: Chase Bank has (allegedly)  officially rolled out new exchange rates nationwide, with the Iraqi Dinar (IQD) at (allegedly) $7.95 and the Vietnamese Dong (VND) at $5.67. This update is creating major buzz in the global currency market as investors and Dinar RV followers keep a close eye on these developments. In this video, we break down what these new rates mean. Chase Bank Confirms New Exchange Rates! Dinar $7.95 & Dong $5.67

Tues. 26 Aug. 2025: Big indicators out of Iraq today that their new rate is imminent. Whether this hinges on them or is in UST hands, they’ll have to expose the rate soon, now that:

(1). The Council of Ministers voted to disperse Kurdistan salaries.  https://x.com/thenewregion/status/1960347039495012571?s=46&t=DzOIWwkCdgpB3zHaTBx1pg

(2). The Cabinet made a public statement on Iraqi TV as a directive to immediately begin oil shipments to SOMO from Kurdistan. 

https://x.com/swisher1776/status/1960398408709234923?s=46&t=DzOIWwkCdgpB3zHaTBx1pg

Read full post here:  https://dinarchronicles.com/2025/08/27/restored-republic-via-a-gcr-update-as-of-august-27-2025/

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

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

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  Saleh on TV and he said our currency reserves are strong, the strongest they've ever been in our history and this is what is supporting the dinar of our country.  Our inflation is low due to the CBI efforts and we are in the best shape ever.  FRANK:  I agree.  The banks are in the best shape ever...and that's because of what the US Treasury just did.  They are now in position for a new exchange rate to work with the banks that have established an international and internal relationship...This is all very good for the new exchange rate.

Nader From The Mid East  There's nothing to do anymore.  The economy is booming, start going up.  They doing a lot of things for youths or people who want to start business.  They talk about purchasing power.  A lot of changes.  It's amazing what's going on.  This month of August has been amazing...I see a lot of good things happening.

Jeff   Remember US personnel won’t be out of there till September 15th, meaning the buildings have to be vacated.  It’s called sovereignty.  We have to pass that security baton and that control baton back to the government of Iraq.  …once we’ve got the sanctions lifted and we’re out of there.  But we’re not out of there till roughly September 15th.  So the rate would change sometime after that, not before.

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

BREAKING: Syria Revaluing Its Currency

Edu Matrix:  8-26-2025

So, here’s what’s happening in simple terms: What’s Being Proposed:

 Syria will issue new banknotes that are worth 100 times more than the old ones (they’re dropping two zeros).

Why It Matters: The current money is nearly worthless, and things like shopping and saving have become hard.

What They Hope It Will Do: Make daily money use easier, reduce confusion, and rebuild trust in the Syrian pound.

What Might Be Still Missing: Real fixes for deep economic issues, like inflation, conflict, and international trade problems.

 How It Will Happen: Starting December 8, 2025, both currencies will be used side-by-side until late 2026, with an educational push to help everyone adapt.

The new note designs will carry symbols of freedom and stability. Conflicting Opinions: Some experts see this as a hopeful reform step, while others feel it doesn't address the bigger economic problems and could even make things more complicated.

https://www.youtube.com/watch?v=46kN-nD2UFA

Iraq Economic News and Points To Ponder Wednesday Morning 8-27-25

Iraq Maintains Its Credit Rating
 
August 26, 2025   Baghdad / Iraq Observer Standard & Poor's announced on Tuesday that 
Iraq has maintained its credit rating at B-/B with a stable outlook.
 
The agency stated in a report, according to a statement from the Ministry of Finance, that  “Iraq’s rating remained at B-/B with a stable outlook,  a positive sign that reflects the strength of the national economy and the continued confidence of international institutions in the financial path and government reforms.”

 It pointed out that   “Iraq’s economic stability is supported by an annual improvement in oil revenues of approximately 1.9% during 2025-2028,  with the continuation of government measures to manage public debt and strengthen foreign reserves,which contributes to maintaining financial balance and supporting confidence in the national economy.” 

The agency noted that   "Iraq continues to meet its financial commitments on a regular basis,
with relative improvement in deficit indicators,in addition to a stable exchange rate and high levels of reserves at the Central Bank, which strengthens the country's external position."
 
In this context, Prime Minister Mohammed Shia al-Sudani directed the  "formation of a national team to improve Iraq's credit rating,  headed by the governor of the Central Bank and including members from ministries and economic institutions.
 
The team will develop an integrated strategy and coordinate with international rating agencies,
with the goal of     enhancing confidence in the economy,     attracting investment, and
  reducing reliance on oil."
 
It's worth noting that this rating reflects international institutions' confidence in the financial and economic policies implemented by the government.
 
It represents a step in support of efforts to attract investment and boost economic activity,
alongside continued efforts to     develop public financial management,     diversify revenues, and
ensure optimal use of resources to serve economic stability.   ' https://observeriraq.net/العراق-يحافظ-على-تصنيفه-الائتماني-2/    
  
 Al-Sudani's Advisor: Iraq's External Debt Is At Its Lowest Level In History, Not Exceeding 10% Of GDP.
 
Money and Business  Economy News – Baghdad  The Prime Minister's Advisor for Economic Affairs, Mazhar Mohammed Saleh,  revealed that external public debt in all its forms is at its lowest level in the history of public finance. Mazhar Mohammed Saleh said,
 
"The Iraqi economy is one of the most cash-generating economies with high financial flexibility to meet the liquidity requirements of the     economy in general, and the     liquidity of public finances in particular,      despite the rentier economic difficulties the country is facing    due to external geo-economic factors witnessed worldwide and the Middle East in recent months."
 

Regarding external public debt, Al-Sudani's advisor explained that   "in all its forms (sovereign and commercial), it is currently at its lowest level in the country's public finance history,  with the portion due to be repaid by 2028 not exceeding 5% of GDP, or approximately 9 billion." He pointed out that
 
"adding the long-term external debt to the debt due above,it does not exceed 10% of the GDP, and a
total of approximately $18 to $20 billion."
 
Regarding borrowing procedures, Mazhar Mohammed Saleh explained that "based on the strong fiscal space provided by fiscal policy for domestic borrowing and repayment,  public finances have resorted to borrowing from the domestic market to meet public spending needs when necessary."

 He added,   "The domestic debt stands at nearly 92.2 trillion dinars,  some of which has accumulated over previous years.
 
Today's domestic debt is borrowed from the local financial market to finance the government's financial leverage due to the drop in oil prices to below the rate stipulated in Federal General Budget Law No. 13 of 2023, the amended three-year budget."

He noted that  "about 47% of this domestic public debt is in the Central Bank's investment portfolio,
backed by high foreign reserves approaching $100 billion," adding that
 
"the total domestic and external debt as a percentage of GDP does not exceed 40%,
which is within the global safe range of 60% of GDP.
 
Therefore, Iraq's public debt as a whole falls within the criteria of international financial and economic stability."
 
Mazhar Mohammed Saleh warned of "expanding debts," and that  a disciplined policy must be adopted to maximize resources,     especially non-oil ones,  as part of the current government program.

He emphasized that   "Iraq is one of the countries keen to repay its foreign debts within the public spending allocations in the annual general budget.
 
Therefore, it has enjoyed a stable credit rating from the credit rating agency since the adoption of that sovereign rating in 2016 and up to the present time,  within the framework of     a periodic evaluation conducted every six months and     periodically by the international credit rating agencies    Fitch Global and      S&P for countries around the world."  
views 791     Added 08/23/2025 - 9:40 AM    https://economy-news.net/content.php?id=59118   

Economic Institution: Central Bank Reforms Boost Investor Confidence And Open The Way To Global
 
 Markets  Local   Khaled Al-Jaberi,  Chairman of the Osool Foundation for Economic and Sustainable Development,  affirmed on Tuesday that the  reforms led by the Central Bank   are fundamental and  have contributed to transforming the banking sector    from a restricted reality     to one open to the world.

He explained that  these steps will     open up broad horizons for Iraqi banks and     positively impact the overall economic and investment activity in the country. 

 Al-Jaberi said, "The current reforms have transformed the banking sector from being restricted and deprived of dealing in dollars  to one capable of  opening correspondent banks and   reestablishing its international relations.

This will directly impact the   improvement of banking services and the   revitalization of economic activity   in Iraqi markets." 

He added,  "Iraqi banks welcomed these reforms because they are an indispensable necessity.
 
The banking sector is suffering from numerous problems, and a comprehensive reform is needed to ensure the  ability to conduct international transactions and ensure the freedom to trade in dollars." 

He explained that  "the investment environment in Iraq has become attractive thanks to the security stability, and this has prompted investors to enter the Iraqi market." He explained that "investors are always looking for two basic answers: the   status of the banking sector and the   country's tax system.
 
If reassurance is achieved in these two aspects,     investments begin to flow."  Al-Jaberi pointed out that  "banking reforms will lead to broader relationships with correspondent banks, putting Iraq on the path to     opening up to the global market and     facilitating the transfer of funds in line with international standards." 

He continued, "Financial technology and digital transformation are a fundamental pillar of these reforms, as
they   not limited to banking policies alone, but rather  are encompass all aspects of banking operations.
 
This positively impacts all economic sectors, such as  agriculture,   industry, and     tourism,and contributes to     facilitating the movement of funds and   trade both domestically and internationally."
 
Earlier, Central Bank Governor Ali Al-Alaq confirmed that the banking reform plan would
     boost international confidence and   restore relations with correspondent banks. 
views 56     Added 08/26/2025 - 5:41 PM    https://economy-news.net/content.php?id=59278  

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

Seeds of Wisdom RV and Economic Updates Wednesday Morning 8-27-25

Good Morning Dinar Recaps,

Commerce Department to Publish Official Statistics on Blockchain, Marking Historic Shift

The U.S. government is preparing to publish official economic statistics, including GDP data, directly on the blockchain — a landmark step that could represent one of the largest federal adoptions of decentralized technology to date.  Commerce Secretary Howard Lutnick announced the initiative during a White House Cabinet meeting, telling President Donald Trump:

“The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto president. And we are going to put out GDP on the blockchain so people can use the blockchain for data distribution.”

On-Chain GDP Reporting Could Reshape Transparency

According to Lutnick, the Department of Commerce is finalizing technical details and expects to expand blockchain-based reporting across additional agencies once the system is operational.

The plan is designed to:

• Enhance transparency in government reporting

• Prevent data tampering by leveraging blockchain’s immutability

• Modernize public access to key economic indicators for investors, analysts, and citizens

The initiative follows passage of the Deploying American Blockchains Act of 2025 (H.R. 1664), which directs the Commerce Department to serve as the federal government’s lead agency for blockchain policy. That includes setting standards, advising the president, and shaping a national blockchain strategy.

Publishing GDP data on-chain marks a tangible first step toward that mandate. For the first time, U.S. agencies will not only regulate blockchain but also actively use it as part of public data infrastructure.

A Push for Innovation Within Government

Advocates argue the initiative could:

• Reduce opportunities for manipulation or data leaks

• Provide investors with instant, verifiable data

• Set a precedent for other governments to follow

The plan reflects the Trump administration’s broader push to integrate blockchain into government operations. A January 2025 executive order directed federal agencies to accelerate digital asset innovation and craft favorable frameworks for adoption.

Lutnick’s announcement also builds on earlier efforts under Elon Musk’s D.O.G.E. Department, which had experimented with publishing government spending data on-chain before the project was abandoned.

Other agencies — including the Treasury Department, Fiscal Service, and Department of Defense — are reportedly exploring blockchain applications ranging from government spending transparency to supply-chain tracking for defense procurement.

Market Implications

The move carries major implications for global financial markets. GDP releases are among the most closely monitored indicators for investors, central banks, and policymakers worldwide.

Blockchain-based publishing would allow:

• Instant, tamper-proof access to critical data

• Reduced discrepancies between preliminary and revised reports

• Stronger trust in government statistics

While no timeline has been set, Lutnick confirmed GDP data will be the first dataset published, with potential expansion to other economic and social indicators.

By embedding blockchain into official reporting, the U.S. positions itself as a leader in data transparency and technological adoption at the federal level.

Trump Administration Seeks Regulatory Clarity on Digital Assets

Alongside this effort, the White House is intensifying work on U.S. crypto policy. President Trump’s Working Group on Digital Asset Markets, led by David Sacks, has urged regulators to provide immediate clarity on trading, custody, registration, and recordkeeping rules.

The group’s recommendations have already shaped key measures, including:

• GENIUS Act (signed into law on July 18)

• CLARITY Act (awaiting Senate review)

• Anti-CBDC Surveillance State Act (pending review)

Other actions include:

• The SEC dropping investigations into Coinbase and Uniswap

• Ending “debanking” practices targeting crypto firms

• A new executive order allowing Americans to include crypto and alternative assets in 401(k) and retirement accounts (valued at $43.4 trillion in early 2025)

SEC Chairman Paul Atkins has also launched “Project Crypto”, an initiative to modernize securities regulation and move more financial markets on-chain. The project will focus on digital asset classifications, token distribution safe harbors, and frameworks for tokenized securities.

Atkins emphasized that the goal is to bring crypto innovation back to the U.S. after years of regulatory uncertainty, further aligning with Trump’s vision of America as a leader in blockchain technology.

@ Newshounds News™
Source: CryptoNews

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With Johnson Gone and Pham Expected to Exit, CFTC Faces Crypto Regulatory Void

The Commodity Futures Trading Commission (CFTC), one of the most important U.S. agencies overseeing digital assets, is facing a leadership crisis that could slow progress on long-awaited crypto regulations.

Commissioner Kristin Johnson, the CFTC’s sole Democrat, will step down on September 3, leaving Acting Chair Caroline Pham as the last remaining commissioner until a permanent chair is confirmed. Pham, however, is also expected to depart soon — with reports linking her to a potential role at crypto payments firm MoonPay.

At the center of the turmoil is Brian Quintenz, President Donald Trump’s nominee to lead the regulator. His stalled confirmation has created uncertainty at a time when the CFTC is expected to take a lead role in shaping the U.S. framework for digital assets.

Johnson’s Departure Ends Democratic Representation

Johnson, who joined in March 2022, emphasized her work on cyber threats and artificial intelligence in financial markets as major achievements. In her farewell statement, she warned that crypto must operate within a framework of accountability and oversight to ensure growth and market integrity are not at odds:

“The goals of growth and market integrity are not mutually exclusive. There is no true conflict between advancing the potential for growth and preserving market stability.”

Her departure removes Democratic representation from the agency’s leadership, reducing diversity of perspectives on crypto oversight.

Pham Expected to Join MoonPay

Acting Chair Caroline Pham has been vocal about her plan to leave once a new chair is in place. According to Crypto In America, she is preparing to return to the private sector, with MoonPay as her likely destination.

The CFTC confirmed her intent but stressed she remains committed to executing the president’s crypto agenda until Quintenz or another permanent chair is confirmed.

Quintenz Nomination Faces Pushback

Quintenz, a former commissioner who has built a reputation as a crypto-friendly policymaker, was nominated by Trump in February. Industry groups including the Crypto Council for Innovation, Blockchain Association, and DeFi Education Fund have endorsed him, calling him “exceptionally well-suited” to lead at a pivotal moment.

Yet his confirmation has been delayed amid White House maneuvering. Reports suggest the Winklevoss twins lobbied against him over ethics concerns tied to his role at prediction market platform Kalshi. This resistance has left the agency in limbo.

Crypto Regulation at a Crossroads

The CFTC’s leadership gap comes at a critical moment. In August, the agency launched its first “crypto sprint” with the SEC to coordinate rulemaking and clarify oversight for digital assets.

But with multiple commissioners gone, only one acting leader, and a chair nomination stuck in the Senate, the CFTC’s ability to deliver meaningful progress is in doubt. Outgoing commissioner Christy Goldsmith Romero previously warned that the exodus of top officials leaves the agency “not in a great situation” to regulate crypto effectively.

What’s at Stake

The CFTC is mandated to operate with five commissioners, but currently functions with a near-empty panel. While one commissioner can technically advance rulemaking under the Commodity Exchange Act, the lack of consensus-driven leadership weakens the agency’s ability to:

• Finalize crypto-specific regulations

• Coordinate with the SEC on jurisdictional clarity

• Enforce standards that protect investors while promoting innovation

Without stability at the top, the U.S. risks falling behind global peers in establishing a fit-for-purpose regulatory framework for digital assets.

Looking Forward

The crypto industry is watching closely. If Quintenz is confirmed, advocates expect a more innovation-friendly regulatory environment that could align the CFTC more closely with market participants. If his nomination falters, leadership uncertainty may persist, leaving the agency unable to deliver the clarity the sector has been demanding for years.

For now, the CFTC remains caught in transition — and so does the future of U.S. crypto regulation.

@ Newshounds News™

Sources:

• Cointelegraph – Kristin Johnson Departure

• CryptoNews – Caroline Pham Expected to Join MoonPay

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Ripple News: Wall Street Quietly Loads Up on XRP as Payment Rails Go Live

XRP adoption is surging in 2025, with institutions, investment firms, and SPACs integrating it into traditional finance at a scale not seen before. Exchange-traded fund (ETF) filings and corporate reserves suggest Wall Street is quietly positioning itself for an XRP-driven payments era.

Institutional Adoption Accelerates

More than 60 companies — including SBI, Trident, Webus, VivoPower, Wellgistics, Nature’s Miracle, Hyperscale, Flora, and Worksport — have either filed or announced plans to create XRP reserves.

This strategy mirrors early Bitcoin treasury models but with a sharper focus on utility and payments rather than a passive store of value. XRP’s ability to power cross-border payments, settlement, and financial infrastructure makes it increasingly attractive to corporate treasuries.

At the same time, groups such as Armada II and Arrington Capital are leveraging Special Purpose Acquisition Companies (SPACs) to invest directly into the XRP ecosystem. This approach moves beyond speculative holding and integrates XRP into broader corporate and financial architecture.

Rumors of a National XRP Reserve

Speculation is growing around the possibility of a U.S. national XRP reserve.

In early 2025, President Donald Trump announced plans to create a strategic crypto reserve featuring Bitcoin, Ethereum, Solana, Cardano, and XRP. While officials avoided explicitly naming XRP in follow-up discussions, many analysts and retail investors believe the new payments system being developed points directly to Ripple and the XRP Ledger (XRPL).

One crypto commentator on X noted:

“Trump and Son, as well as Bessent, have refrained from using XRP in their vocabulary, but @POTUS lays it out in advance and said we’re moving to a new payments system: sure sounded like @Ripple, XRP, and the XRPL.”

Wall Street’s ETF Push

Perhaps the strongest sign of Wall Street’s entry into XRP is the wave of ETF applications. At least ten major firms have filed proposals for XRP-based exchange-traded funds.

• In July 2025, the SEC approved ProShares Ultra’s XRP ETF on NYSE Arca — the first official XRP ETF listing in the U.S.

• Pending applications include 21Shares, Grayscale, Bitwise, Canary Capital, and others, with additional approvals expected as early as October 2025.

The move toward regulated financial products underscores growing institutional confidence in XRP as both an asset class and a core payments rail.

Outlook

With corporate reserves, SPAC-driven investment vehicles, ETF approvals, and speculation of a national reserve, XRP is rapidly transitioning from a niche utility token into a cornerstone of institutional finance.

As Wall Street deepens its involvement and the federal government hints at integrating XRP into a national payments strategy, 2025 may mark the year XRP cements its role at the center of the evolving global financial system.

@ Newshounds News™
Source: Coinpedia

~~~~~~~~~

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“Tidbits From TNT” Wednesday Morning 8-27-2025

TNT:

Tishwash:  Economic Institution: Central Bank Reforms Boost Investor Confidence and Open the Way to Global Markets

Khaled Al-Jaberi, Chairman of the Osool Foundation for Economic and Sustainable Development, affirmed on Tuesday that the reforms led by the Central Bank are fundamental and have contributed to transforming the banking sector from a restricted reality to one open to the world.

He explained that these steps will open up broad horizons for Iraqi banks and positively impact the overall economic and investment activity in the country.

Al-Jaberi told the Iraqi News Agency (INA): "The current reforms have transformed the banking sector from being restricted and deprived of dealing in dollars to a sector capable of opening correspondent banks and restoring its international relations, which will directly reflect on improving banking services and stimulating economic activity in Iraqi markets."

He added, "Iraqi banks welcomed these reforms because they are an indispensable necessity. The banking sector is suffering from numerous problems, and a comprehensive reform is needed to ensure the ability to conduct international transactions and ensure the freedom to trade in dollars."

He explained that "the investment environment in Iraq has become attractive thanks to the security stability, and this has prompted investors to enter the Iraqi market." He explained that "investors are always looking for two basic answers: the status of the banking sector and the country's tax system. If reassurance is achieved in these two aspects, investments begin to flow."

Al-Jaberi pointed out that "banking reforms will lead to broader relationships with correspondent banks, putting Iraq on the path to opening up to the global market and facilitating the transfer of funds in line with international standards."

He continued, "Financial technology and digital transformation are a fundamental pillar of these reforms, as they are not limited to banking policies alone, but rather encompass all aspects of banking operations. This positively impacts all economic sectors, such as agriculture, industry, and tourism, and contributes to facilitating the movement of funds and trade both domestically and internationally."

Earlier, Central Bank Governor Ali Al-Alaq confirmed that the banking reform plan would boost international confidence and restore relations with correspondent banks.   link

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Tishwash:  Rafidain Bank: Approximately 87% of foreign debt settled

Rafidain Bank announced today, Tuesday, the completion of settling about 87% of the foreign debt file, as a statement from the bank stated that “the bank announced a new step that embodies its firm commitment to international credibility and consolidating confidence in the Iraqi financial sector

Confirming the previous announcement regarding Rafidain Bank’s achievement of settling about 87% of the foreign debt file and achieving a major negotiating breakthrough with major Dutch and French creditor companies in accordance with Cabinet Resolution No. (403) of 2025.”

The statement added, "The bank, through its legal and international team, was able to close all lawsuits filed by Dutch companies before the Curaçao Court after reaching final legal settlement agreements. The settlement contracts were officially filed in the lawsuit files and announced in accordance with approved international judicial frameworks."

The statement continued, "This step complements the tireless efforts made by the Iraqi government and the General Administration of Rafidain Bank to settle old obligations and strengthen Iraq's legal and financial position before international courts, thus consolidating the bank's image as a sovereign arm capable of protecting the state's interests and managing its foreign affairs with the highest levels of professionalism and governance."

He also stressed that "what has been achieved today reinforces Rafidain Bank's strategic path toward fully closing its foreign debt portfolio and sends a clear message to the international community that Iraq is steadfastly pursuing financial reform and strengthening confidence in its economic sovereignty."  link

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Tishwash:  Erbil Chamber of Commerce opens doors for cooperation with business owners in Saudi Arabia.

The Erbil Chambers of Commerce and Industry announced on Tuesday that a trade meeting will be held between traders and business owners from the Kurdistan Region and Saudi Arabia in the near future. 

A statement issued by the Chamber, received by Shafaq News Agency, said, "The head of the Chamber, Gilan Haji Saeed, received today the Director of the Saudi Trade Representation Office in Erbil, Azzam bin Muhammad, in the presence of the members of the Chamber's Executive Council, Khalil Goran, Shirin Yahya Khalil, and Rashid Mustafa Mirkhan. The focus was on strengthening economic and trade relations between Saudi Arabia and the Kurdistan Region."

Gilan Haji Saeed said, "The basic backbone of establishing and strengthening trade is relations," expressing his hope that, through the Saudi Trade Representation Office in Erbil, efforts will be made to establish relations between the Erbil Chamber of Commerce and Saudi chambers and trade organizations." 

Saeed called for "cooperation in sending schedules of Saudi exhibitions, conferences, and economic events, so that business owners can benefit and participate through the Erbil Chamber of Commerce and Industry."

The statement noted that "the meeting discussed organizing a trade meeting between traders and business owners from Saudi Arabia and the Kurdistan Region in the near future, as well as highlighting the importance of introducing and marketing the products of both parties."  link

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Mot:  . Ya Knows -- They Says YOU ~~~~~

Mot: . Just Saying -- Been un of Dose Daze!!! 

FRANK26….8-26-25….. ALOHA……IT’S IN THE CARDS

KTFA

Tuesday Night Video

FRANK26….8-26-25….. ALOHA……IT’S IN THE CARDS

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

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

Intel starts about minute 8:00

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

https://www.youtube.com/watch?v=U9ItBM7HB7U

Kevin O’Leary: Top 2 Financial Rules From My Mom That I Still Follow

Kevin O’Leary: Top 2 Financial Rules From My Mom That I Still Follow

Gabrielle Olya  Sun, August 24, 2025 GOBankingRates

“Shark Tank” star Kevin O’Leary has built his wealth through entrepreneurship and savvy investing, but he credits his mother for setting him on the right financial path. There are several money lessons his mother taught him throughout his lifetime that still shape how he approaches finances today.

Here are two of the financial rules O’Leary learned from his mom that he thinks everyone should follow.

Keep Your Own Financial Accounts — Even in Marriage

When you get married, you may want to merge all of your finances — but O’Leary learned from his mother that this is not the smartest approach.

“My mother taught me a lot about financial independence,” he told GOBankingRates while discussing his partnership with HelloPrenup, an online prenuptial agreement platform. “She was married twice but kept a secret account from both of her husbands her entire life.”

O’Leary said that his mother started saving 15% of her pay when she was very young and kept that money completely sequestered during her marriages.

“She helped my brother and I through school [with that money],” O’Leary said. “She really believed that in a marriage, both spouses should have their own financial identity. They should never give that up because you don’t know it’s going to happen in marriage.”

TO READ MORE:  https://finance.yahoo.com/news/kevin-o-leary-top-2-201622431.html