More News, Rumors and Opinions Sunday Afternoon 3-16-2025
KTFA:
Clare: Al-Sudani's advisor: Iraq's foreign reserves reach $110 billion
3/16/2025- Baghdad
The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Sunday that Iraq's foreign exchange reserves are a safety net against economic fluctuations, noting that they are estimated at approximately $110 billion.
"Iraq's foreign exchange reserves are one of the most important indicators supporting investment, both domestic and foreign, as the country has a stable foreign exchange portfolio estimated at approximately $110 billion, distributed between gold, dollars, and foreign currencies," Saleh said in a statement to the official agency, followed by "Al-Eqtisad News."
KTFA:
Clare: Al-Sudani's advisor: Iraq's foreign reserves reach $110 billion
3/16/2025- Baghdad
The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Sunday that Iraq's foreign exchange reserves are a safety net against economic fluctuations, noting that they are estimated at approximately $110 billion.
"Iraq's foreign exchange reserves are one of the most important indicators supporting investment, both domestic and foreign, as the country has a stable foreign exchange portfolio estimated at approximately $110 billion, distributed between gold, dollars, and foreign currencies," Saleh said in a statement to the official agency, followed by "Al-Eqtisad News."
He explained that "these reserves contribute to strengthening macroeconomic stability, both domestically and externally, making them a protective factor against global economic fluctuations and shocks. They also provide strong coverage for the monetary base and financial indicators related to trade and international debt maturing soon."
He added, "The current account of the balance of payments is recording positive rates that enhance the stability of the value of the Iraqi dinar, thus reducing the impact of fluctuations in global oil markets, given the nature of Iraq's rentier economy."
He noted that "Iraq, as the fifth largest oil producer in the world, enjoys sustainable foreign financial flows, enabling it to quickly and efficiently support its cash reserves."
He stressed that "these strong reserves provide a stable investment environment, which contributes to accelerating the pace of investment and supporting the country's promising economic growth." LINK
************
Clare: Turkish Energy Minister Arrives in Baghdad for Oil and Gas Talks
3/16/2025
Turkish Minister of Energy and Natural Resources Alp Arslan arrived in Baghdad on Sunday, according to a statement issued by the Iraqi Ministry of Oil.
The ministry said in a statement that Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani Al-Sawad received Arslan and his accompanying delegation.
According to the statement, the meeting discussed bilateral relations between the two countries in the fields of oil, gas and energy.
The meeting was attended by the Undersecretary for Extraction Affairs and the General Managers of the Oil Marketing Company, the North Oil Company, the Economic Department, and the Legal Department, according to the statement.
Turkey halted flows on the pipeline, which transports oil from the Kurdistan Region of Iraq to the Turkish port of Ceyhan, in March 2023 after an arbitration court ordered it to pay approximately $1.5 billion in compensation to Iraq for transporting oil without Baghdad's approval. Ankara refused to pay the fine at the time and demanded that Erbil pay it.
The pipeline closure halted Iraqi oil exports by approximately 500,000 barrels per day. The resumption of oil flows from Kurdistan may mitigate some of the impact on markets caused by reduced shipments from Iraq, the main source of crude.
Iraq had been exporting between 400,000 and 500,000 barrels per day from northern fields, including the Kurdistan Region, via the now-defunct pipeline. Oil Minister Hayan Abdul Ghani said earlier this month that Iraq plans to transport at least 300,000 barrels per day of crude oil once operations resume. He added that the Iraqi government has also begun a formal process to persuade the regional government to transfer the oil to the Federal Oil Marketing Organization (SOMO).
Türkiye has repeatedly said that the pipeline is operational and that it is up to Iraq to resume flows, and the United States has also expressed a strong desire to see oil flow through the Iraq-Turkey pipeline.
Resuming pipeline shipments could pose a dilemma for Baghdad, which is committed to reducing crude production as part of the OPEC+ agreement but is struggling to comply with the promised cuts.
OPEC's production and exports are under increased scrutiny after US President Donald Trump called on the group in early 2025 to "bring down the price of oil." LINK
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man It's been a long road. I understand. Everybody is waiting for what we're looking for. Everybody should be excited because...all the little bits and pieces if you tie them in together you're going to find that Iraq is ready to go international. Internationlism is being put out in the news the last few days...one after another, one after another...Just myself alone I was able to get to about 16 or 17 articles out of hundreds...
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy...says watch for when the budget tables make it to Council of ministers (COM) because they already said they would review it and vote on it as soon as possible. The the COM is where and when that rate will show up...When it goes to the COM that's when to get excited because soon they will vote and the COM will do it quickly...That's what we need, Council of Minister first...then that rate will show...Parliament is just a formality. FRANK: Sudani sends the budget tables to the COM? Are you kidding me? I didn't know he was going to do that. He's not going to send it to parliament? Oh my goodness that's like Sudani telling parliament to pick a finger and you might as well pick the middle finger because he's not going to share anything with them...until the very last second...
************
MAJOR Currency Breakthrough ZiG = $0 08
Edu Matrix: 3-16-2025
Discover how Zimbabwe's innovative new gold-backed currency, the ZiG, is making waves on the global financial stage!
Currently valued at eight cents, this bold move could set a precedent for other nations like Iraq to follow, potentially increasing their own currency value.
In this video, we delve into the implications of this new development and what it could mean for global markets.
Economist’s “News and Views” Sunday 3-16-2025
GOLD Is Telling YOU: The GLOBAL RESET Is IMMINENT | Willem Middelkoop
Soar Financially: 3-16-2025
Willem Middelkoop, founder and CEO of the Commodity Discovery Fund and author of “The Big Reset,” joins us to break down gold’s historic surge above $3,000.
Willem shares why geopolitical uncertainty, currency debasement, and soaring physical gold demand signal the global reset he has long predicted is underway.
He reveals why this is only the beginning, and how investors positioned in gold and silver could benefit tremendously.
GOLD Is Telling YOU: The GLOBAL RESET Is IMMINENT | Willem Middelkoop
Soar Financially: 3-16-2025
Willem Middelkoop, founder and CEO of the Commodity Discovery Fund and author of “The Big Reset,” joins us to break down gold’s historic surge above $3,000.
Willem shares why geopolitical uncertainty, currency debasement, and soaring physical gold demand signal the global reset he has long predicted is underway.
He reveals why this is only the beginning, and how investors positioned in gold and silver could benefit tremendously.
00:00 – Gold Hits $3,000
01:04 – Willem Middelkoop Returns
02:09 – Why Gold Is Rising
03:27 – Institutional & Central Bank Demand
04:38 – Physical vs. Paper Gold
05:26 – War Risk in Europe
07:07 – The Big Reset Begins
07:41 – De-dollarization Update
09:17 – China Leads Multipolar World
10:28 – Russia’s Role Explained
11:39 – Are BRICS Still Relevant?
13:16 – Trump & Dollar Confidence
14:19 – US Debt Crisis
16:45 – Gold Signals Dollar Trouble
18:39 – Market Volatility Ahead
19:42 – Gold-Backed Bonds?
21:06 – Geopolitics & Critical Minerals
24:01 – Commodity Investing Outlook
27:15 – Deregulation: Too Little Too Late
CRASH ALERT! Trump's Plan to Destroy the Old Fiat System! The New "Golden Age" Dawns!
(Bix Weir) 3-14-2025
Financial Collapse Imminent, GOLD At ALL-TIME HIGH | David Hunter
Soar financially: 3-16-2025
In this interview, David Hunter, Chief Market Strategist at Contrarian Macro Advisors, shares his bold predictions on the global economy, stock markets, and the looming financial crisis.
He discusses the potential for a recession worse than 2008, the Fed’s policy mistakes, and why he believes the market will first skyrocket before experiencing a major collapse.
Hunter also dives into his gold and silver price targets, the impact of tariffs on inflation, and why he sees a significant drop in the US dollar coming soon.
00:00 – Intro & Welcoming David Hunter
02:01 – Does the White House Want a Recession?
10:15 – Market Overview: Is a Rally or a Crash Coming?
16:47 – The Fed’s Policy Mistakes and Economic Risks
24:40 – Inflation vs. Stagflation: What’s Really Happening?
31:28 – The Auto Loan & Real Estate Bubble
36:21 – Global Bust Incoming – Worse Than 2008?
39:27 – The US Dollar Collapse: What’s Next?
44:09 – Gold & Silver Predictions: $3,400 Gold, $75 Silver?
46:52 – Stock Market Targets: S&P 7500, Nasdaq 25K, Dow 55K?
49:57 – Recession vs. Depression: How Bad Could It Get?
Iraq Economic News and Points to Ponder Sunday AM 3-16-25
Why Was Iraq Not Included On Trump's New Sanctions List Despite Being Included In 2017?
In 2017, during President Donald Trump's first term, Iraq was included in the list of countries subject to the travel ban to the United States. However, Iraq was later exempted from this ban due to enhanced security cooperation and information sharing between the two countries, as well as Iraqi efforts in combating ISIS.
In 2025, the Trump administration is preparing a new list of 43 countries that could face travel bans or restrictions to the United States. According to draft recommendations, these countries are divided into three categories:
Why Was Iraq Not Included On Trump's New Sanctions List Despite Being Included In 2017?
In 2017, during President Donald Trump's first term, Iraq was included in the list of countries subject to the travel ban to the United States. However, Iraq was later exempted from this ban due to enhanced security cooperation and information sharing between the two countries, as well as Iraqi efforts in combating ISIS.
In 2025, the Trump administration is preparing a new list of 43 countries that could face travel bans or restrictions to the United States. According to draft recommendations, these countries are divided into three categories:
Red List: 11 countries whose citizens are completely barred from entering the United States, including: Afghanistan, Sudan, Syria, Yemen, Libya, Iran, Somalia, North Korea, Venezuela, Cuba, and Bhutan.
Orange List: 10 countries whose citizens will be subject to severe travel restrictions, but not a complete ban, including: Russia, Belarus, South Sudan, Sierra Leone, Eritrea, Haiti, Laos, Myanmar, Pakistan, and Turkmenistan.
Yellow List: 22 countries will be given 60 days to correct deficiencies in their security measures and information sharing, otherwise they may be transferred to one of the two previous lists.
It is noteworthy that Iraq has not been included on either of these new lists. This is due to the continued close cooperation between Iraq and the United States in the areas of security and information sharing. Iraq has also improved its security screening and passport issuance procedures, bringing it into compliance with required US standards.
This ongoing cooperation and Iraq's commitment to strengthening its internal security and sharing security information with the United States contributed to its removal from the new ban list. https://www.radionawa.com/all-detail.aspx?jimare=41382
A Dialogue Session Discusses The Central Bank's Measures For Banks Deprived Of Dollars
Saturday, March 15, 2025, 3:31 PM | EconomicNumber of readings: 166 Baghdad / NINA / The Iraqi Private Banks Association organized a dialogue session to discuss developments in the banking sector in Iraq, including those related to deprived banks and fines imposed by the Central Bank of Iraq. The session was attended by the Governor of the Central Bank and representatives of banks and electronic payment companies.
The Chairman of the Iraqi Private Banks Association, Wadih Al-Handhal, stressed the importance of joint cooperation between the Central Bank of Iraq, banks, and electronic payment companies to enhance financial stability and develop the banking system in accordance with the latest international standards.
He added, "The Special Committee for Assisting Deprived Banks, formed in the Ministerial Economic Council, called for the necessity of assisting deprived banks and suspending fines imposed on them, as they are going through difficult circumstances, which everyone knows." He indicated that "deprived banks work daily to implement global financial requirements and are subject to daily fines," calling for these fines to be suspended and reviewed by the Central Bank of Iraq.
For his part, the Governor of the Central Bank, Ali Al-Alaq, addressed the Central Bank's measures related to banks deprived of using the dollar, noting that there are signs of optimism in discussions with the American side on this issue.
Al-Alaq stressed that "the Central Bank of Iraq supports the establishment of digital banks, indicating that the number of applications has reached 75 banks, which contributes to accelerating the digital transformation of the banking sector in Iraq."
He pointed out that the first phase will be to grant only one or two licenses for the purpose of experimentation and studying the problems and challenges facing these digital banks.
He explained that "banks are required to work on raising the rate of financial inclusion by providing modern banking services targeting wider segments of society," stressing that "the transition towards a digital economy is an essential step to enhance financial stability and economic development." / https://ninanews.com/Website/News/Details?key=1192022
Reassuring Citizens, The Central Bank Told NINA: We Have Ample Cash Liquidity
Saturday, March 15, 2025, 4:35 PM | EconomicNumber of reads: 335 Baghdad / NINA / The Central Bank of Iraq (CBI) reassured the banking and community circles of ensuring the availability of cash liquidity to cover all local transactions in Iraqi dinars.
The Governor of the Central Bank, Ali Al-Alaq, said in a statement to the National Iraqi News Agency ( NINA ), that "the Central Bank is the last entity that can be without cash liquidity in Iraq."
He explained that "the Central Bank has wide scope to provide local currency to the extent that this currency is covered by foreign reserves, which currently far exceeds the level of local sufficiency, and more than we can finance."
He added, "There is frequent confusion between the position of the Central Bank, which is a completely different situation from the financial situation related to the financial policy in the country or the Ministry of Finance," indicating that "the Ministry of Finance's revenues are based in dollars through Iraqi oil sales in the global market."
Al-Alaq stressed that "the Central Bank deals in Iraqi dinars for all amounts it receives in dollars, and this is very available under any circumstances," calling for distinction and separation between the financial situation at the level of the government and the Ministry of Finance, and the availability of cash at the Central Bank of Iraq. / https://ninanews.com/Website/News/Details?Key=1192029
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Sunday Morning 3-16-25
Good Morning Dinar Recaps
U.S. SENATE PASSES CONTROVERSIAL BILL TO AVOID GOVERNMENT SHUTDOWN
▪The Senate passed a Republican-led spending bill to avert a government shutdown, with key Democratic support.
▪Senate leader Schumer prioritized avoiding a shutdown, arguing it would grant Trump and "DOGE" excessive power.
▪The bill's passage revealed a divide within the Democratic party, with moderates and allies supporting Schumer's pragmatic approach.
Good Morning Dinar Recaps
U.S. SENATE PASSES CONTROVERSIAL BILL TO AVOID GOVERNMENT SHUTDOWN
▪The Senate passed a Republican-led spending bill to avert a government shutdown, with key Democratic support.
▪Senate leader Schumer prioritized avoiding a shutdown, arguing it would grant Trump and "DOGE" excessive power.
▪The bill's passage revealed a divide within the Democratic party, with moderates and allies supporting Schumer's pragmatic approach.
The U.S. Senate narrowly avoided a government shutdown on Friday, passing a Republican-led spending bill just before the midnight deadline. The vote was 62-38, with 10 Democrats siding with nearly all Republicans. But while the bill kept the government running, it exposed deep divisions within the Democratic Party – especially when it comes to handling Donald Trump’s influence.
Behind the scenes, tensions ran high. Some Democrats wanted to take a stand against the GOP, while others feared the consequences of a shutdown. Senate Majority Leader Chuck Schumer was caught in the middle, making a strategic move that surprised many. So, why did he support the bill?
Schumer’s Quiet Strategy
Senate Majority Leader Chuck Schumer faced pressure from progressives and House Democrats to oppose the GOP-backed bill. However, he stayed quiet about his stance all week. On Thursday, he finally announced his support, giving other Democrats the green light to follow. This move helped reduce the risk of a shutdown during uncertain economic times.
Schumer admitted the bill wasn’t ideal but argued that shutting down the government would give Trump and his allies too much power.
The Democrats Who Voted With Republicans
Nine Senate Democrats joined Schumer in supporting the bill, temporarily giving up some leverage over Trump. These lawmakers included moderates, Schumer’s close allies, senators from states with many federal workers, and those nearing retirement. They agreed with Schumer that preventing a shutdown was the better option, fearing that Trump and Elon Musk could use the crisis to gain even more control.
Schumer warned that the future of government funding was now in the hands of Trump, Musk, and their allies. He cautioned that if a shutdown happened, it could last six to nine months and create serious instability.
Some Democrats criticized him for giving up too soon, saying he missed a rare chance to pressure Republicans after the House passed the GOP’s spending bill with Trump’s backing.
“I’ll Take Some Bullets,” Says Schumer
The vote largely followed party lines, 54-46, leaving many Democrats frustrated. They argued the bill failed to address key issues like healthcare and housing.
Schumer acknowledged the criticism but stood by his decision. “I’ll take some of the bullets,” he said, accepting that both moderates and progressives would be unhappy. The nine Democratic senators who voted with him may also face political consequences, but none are expected to have immediate election challenges.
House Democrats Frustrated Over Schumer’s Move
House Democrats, who had earlier rejected the bill, were upset with Schumer’s decision. Leaders like Hakeem Jeffries wanted a short-term funding bill to allow more time for negotiations. They argued the GOP bill gave Trump too much power while cutting critical services, including funding for Washington, D.C.
Senate Republicans, including John Thune, defended the bill, saying Democrats failed to complete last year’s budget, making another stopgap measure necessary.
Despite criticism from some Democrats, the White House stood by Schumer. The president praised him for making a “bold and courageous” choice, showing his approval of the compromise.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
4 TYPES OF FINANCIAL DOCUMENTS YOU SHOULD KEEP TOGETHER AT ALL TIMES IN CASE OF EMERGENCY — HERE’S WHY
Life is full of the unexpected. You never know when you may find yourself in dire straits or faced with an emergency that’s totally out of your control. Sadly, Americans are affected by weather-related disasters now more than ever before.
According to the NOAA’s National Centers for Environmental Information (NCEI), 2024 alone was full of “billion-dollar” weather-related natural disasters: There were 27 individual weather and climate disasters with at least $1 billion in damages, which is only one less than the record of 28 events in 2023. Last year’s natural disasters took nearly 600 lives and cost approximately $182.7 billion in total.
With natural disasters on the rise, you’ll absolutely need to be prepared for whatever comes your way. This includes having a “financial go bag” at the ready.
A financial go bag is basically what it sounds like: It’s a bag with everything related to your finances, identity, emergency contacts and medical information that you need to keep on your person.
Here are four specific categories of items you’ll want to be sure you have in your financial go bag.
Financial and Legal Documents
Having copies of any applicable financial and legal documents printed and at the ready is critical, according to the Federal Emergency Management Agency (FEMA). For example, if your home is destroyed in a fire, maintaining copies of these documents in your go bag may be the only physical proof you have of account ownership.
These include but are not limited to the following types of documents:
▪Credit and debit card statements
▪Checking account statements
▪Savings account statements
▪Retirement and investment account statements
▪Utility bills
▪Student loan statements
▪Alimony and child support documents
▪Elder care information.
Identification
When faced with a catastrophe, you’ll need to have at least a few forms of identification in your bag, according to FEMA.
Two important reasons are you may need to be identified to receive emergency medical attention, or authorities may need to identify you if you’re attempting to cross a security checkpoint.
These include but are not limited to the following types of identification:
▪Passport
▪Driver’s license
▪Social Security card
▪Green card
▪Military service identification
▪Pet ownership papers and identification tags.
List of Emergency Contacts
FEMA also recommends keeping a list of emergency contacts in your bag in case of evacuation. For example, maybe your cell phone, which contains all your contacts, dies, and the only way to contact someone is by using someone else’s phone and referencing the list in your bag.
These include but are not limited to the following types of contacts:
▪Doctors and specialists
▪Dentists
▪Pediatricians
▪Veterinarians
▪Your children’s school
▪Your employer
▪Local emergency services.
Medical Information
If an emergency strikes, it could result in injuries to you or your family. In the worst-case scenario, you have to have all pertinent medical information ready in your bag, according to FEMA, to ensure you receive the care and benefits you’re entitled to get.
This includes but is not limited to the following medical information:
▪Health insurance cards
▪Medicare and/or Medicaid cards
▪Dental insurance cards
▪Any other health benefits, such as VA benefits
▪A detailed and up-to-date list of medications you take
▪Immunizations records
▪Allergy information
▪Medical equipment and devices you need
▪Pharmacy information
▪Living will, medical power of attorney and any disability documentation.
@ Newshounds News™
Source: Yahoo Finance
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's Podcast Link
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Subscribe to Seeds of Wisdom Team™ Newsletter
Thank you Dinar Recaps
“Tidbits From TNT” Sunday Morning 3-16-2025
TNT:
Tishwash: Kurdistan Regional Government: Baghdad holiday tomorrow does not include the region
The Kurdistan Regional Government announced today, Saturday, that tomorrow's Baghdad holiday does not include the region.
The regional government said in a statement, "Official holidays and occasions have been previously specified in its official schedule. The holidays and occasions remain as they are."
She added, "No changes will be made to it unless the Kurdistan Parliament, in accordance with its powers, decides to reconsider it and make a new decision regarding it."
TNT:
Tishwash: Kurdistan Regional Government: Baghdad holiday tomorrow does not include the region
The Kurdistan Regional Government announced today, Saturday, that tomorrow's Baghdad holiday does not include the region.
The regional government said in a statement, "Official holidays and occasions have been previously specified in its official schedule. The holidays and occasions remain as they are."
She added, "No changes will be made to it unless the Kurdistan Parliament, in accordance with its powers, decides to reconsider it and make a new decision regarding it." link
Tishwash: Reassuring citizens, the Central Bank told NINA: We have ample cash liquidity.
The Central Bank of Iraq (CBI) reassured the banking and community circles of ensuring the availability of cash liquidity to cover all local transactions in Iraqi dinars.
The Governor of the Central Bank, Ali Al-Alaq, said in a statement to the National Iraqi News Agency ( NINA ), that "the Central Bank is the last entity that can be without cash liquidity in Iraq."
He explained that "the Central Bank has wide scope to provide local currency to the extent that this currency is covered by foreign reserves, which currently far exceeds the level of local sufficiency, and more than we can finance."
He added, "There is frequent confusion between the position of the Central Bank, which is a completely different situation from the financial situation related to the financial policy in the country or the Ministry of Finance," indicating that "the Ministry of Finance's revenues are based in dollars through Iraqi oil sales in the global market."
Al-Alaq stressed that "the Central Bank deals in Iraqi dinars for all amounts it receives in dollars, and this is very available under any circumstances," calling for distinction and separation between the financial situation at the level of the government and the Ministry of Finance, and the availability of cash at the Central Bank of Iraq. / link
***************
Tishwash: The government is preparing to approve the 2025 budget. Al-Sudani's advisor reveals the details.
The Iraqi government is likely to approve the draft budget before Eid al-Fitr, according to Mohammed Shia al-Sudani, the prime minister's financial and economic advisor.
Mazhar Mohammed Saleh said the Cabinet will likely approve the 2025 budget law before Eid al-Fitr and submit it to Parliament.
Saleh explained that spending constitutes approximately 67% to 70% of the total public expenditures in the budget law, which consist of salaries, allowances, retirement, and social care.
The Prime Minister's advisor noted that the budget is approximately 200 trillion dinars, with a deficit of approximately 64 trillion dinars.
Iraq has a three-year budget for 2023, 2024, and 2025, and is required to submit the budget schedule to Parliament annually.
Parliament approved the 2024 budget schedule on June 3, 2025.
Iraq's 2024 budget amounts to more than 211 trillion dinars, an increase of approximately 12 trillion dinars compared to 2023 link
***************
Tishwash: New meetings with oil companies to resume exports via the Turkish port of Ceyhan.
Economic expert Hevidar Shaaban revealed, today, Sunday (March 16, 2025), that two meetings were held between the Federal Ministry of Oil and the Ministry of Natural Resources in the Regional Government, with representatives of oil companies operating in Kurdistan .
Shaaban told Baghdad Today, "The first meeting will be held in Baghdad this week, and another meeting will be held next week in Erbil between the same parties to resolve the issue of resuming oil exports through the Turkish port of Ceyhan."
He added, "The oil export problem is not related to the federal government or the regional government, but rather the oil companies are refusing to resume exports at this time until the regional government's debts are paid."
Among the most prominent issues facing the resumption of oil exports through the Turkish port of Ceyhan are the method of calculating oil quantities, the method of payment, and the share of international companies extracting oil from the Kurdistan Region, in addition to the issues of salaries, fees, and customs duties. Delegations between the two sides are attempting to resolve these issues before the start of export operations .
Oil Minister Hayan Abdul Ghani surprisingly announced last February the resumption of exports from Kurdistan, a move that could end a nearly two-year conflict that has disrupted supplies of more than 300,000 barrels per day entering global markets via Turkey link
Mot: Not True - it Isn't!!!
Mot: .... When Ya!!!!
News, Rumors and Opinions Sunday AM 3-16-2025
Gold Telegraph: When Bonds Shatter, New Alliances Rise
3-15-2025
Paul Volcker once said something compelling:
“The truly unique power of a central bank, after all, is the power to create money, and ultimately, the power to create is the power to destroy.”
It is the truth.
Gold Telegraph: When Bonds Shatter, New Alliances Rise
3-15-2025
Paul Volcker once said something compelling:
“The truly unique power of a central bank, after all, is the power to create money, and ultimately, the power to create is the power to destroy.”
It is the truth.
The United States is racing to catch up in the global battle for critical elements.
Two key battlegrounds define this fight:
1. Financial Supremacy
2. Mineral Control
Financial power will slowly fade if you don’t influence and have large control over certain minerals.
=======================================
What makes the world so different today? Old alliances are breaking down. Traditional allies are turning on each other. This is what makes the world more unpredictable. When bonds shatter, new alliances rise, often in ways no one expects.
=======================================
Something that many people are sleeping on. The CURRENT chairman of the United States council of economic advisers recommended last year that countries should be forced to swap their holdings of US Treasuries for 100-year bonds. Gold. @judyshel
=======================================
Billionaire Jeffrey Gundlach says gold is going to reach $4000. Welcome to the era, @TruthGundlach.
=======================================
BREAKING NEWS: RUSSIA IS USING CRYPTOCURRENCIES IN ITS OIL TRADE WITH CHINA AND INDIA TO SKIRT WESTERN SANCTIONS… INCLUDES TETHER
Ok.
“Crypto small but growing part of Russia’s $192 bln oil trade, sources say…”
=======================================
Countries are now turning to cryptocurrencies to settle oil trades, while Iran and Russia have long been have discussions about creating a gold-backed stablecoin. Watch the petrodollar closely in the years ahead. Many remain asleep. The financial war is heating up.
=======================================
Another thing many people are NOT talking about is the possibility of a repricing event of the gold reserves of the United States from their statutory value of $42.22 per oz to their current fair market value.
This was mentioned in a recent “Act” pushed forward…
I have talked about this for months, and recently, I have been with Dr. Ron Paul.
Also, with Sean Boyd, who has helped lead the world’s most valuable gold producer.
If this happens, this will push gold into the hot light and totally discredit anyone in the media who has called gold a barbarous relic.
Again, does the movie seem to be just starting?
A fierce debate is raging among Western governments and the mining industry:
Is China deliberately overproducing critical minerals to crush Western competitors and dominate the supply chain?
This is why the U.S. is scrambling to secure its critical mineral supply chains.
=======================================
Gold ETFs recorded their highest monthly inflows since March 2022 last month… This is what a safe haven looks like.
=======================================
BREAKING NEWS: KYRGYZSTAN LAUNCHES GOLD-BACKED STABLECOIN
You don’t say?
“Initially collateralized with $500 million worth of gold, its reserves are projected to increase to $2 billion within 24 months…”
Source: https://cointelegraph.com/news/el-salvador-20-how-kyrgyzstans-blockchain-strategy-stands-apart
Source(s):
https://dinarchronicles.com/2025/03/15/gold-telegraph-when-bonds-shatter-new-alliances-rise/
***************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Article: "Iraq opens its doors to 37 countries through the e-visa service program" Quote: "Iraqi authorities have abolished the requirement to obtain a visa upon arrival for citizens of the United States, European Union, United Kingdom and others replacing it with an electronic visa" They're going to make it easy...They're ready for investors... They're going to be doing major transactions in dinar and that's how I see it...
Mnt Goat One article really stands out... “IMF DISCUSSES STRENGTHENING IRAQI DINAR“ ...I also want
to point out that we read in the recent past that the IMF has stated that Iraq qualified for a global transformation of their currency and it should be reinstated...
Trump’s Secret Plan to Rewrite the Financial System!
MarkMoss: 3-14-2025
What if I told you that Trump just made a move that could completely rewrite the U.S. financial system. AND nobody’s talking about it?”
For the first time in history, the U.S. government is officially endorsing digital assets and stable coins—and they’re pushing banks to play a MAJOR role.
Treasury Secretary Scott Bessent just said quote: ‘We are going to keep the U.S. the dominant reserve currency in the world, and we will use stable coins to do that.
But here’s where it gets REALLY interesting… They have TWO ways to do this. One of them is a complete government-controlled system—but the other? It could take us back to a financial model from over 200 years ago, where banks competed to issue their own money.”
A system that some call chaotic—but others say was one of the greatest golden ages of financial innovation.
So the big question is: Are we about to see the return of Free Banking? And if so, what does that mean for YOU? By the end of this video, you’re going to understand exactly what’s happening, why the government is pushing this NOW, and how it could create one of the biggest wealth-building opportunities of the decade.
The US has to Borrow Just to Pay the Interest on its Debt
The US has to Borrow Just to Pay the Interest on its Debt
Gregory Mannarino: 3-14-2025
Headlines screaming “ITS OVER” are certainly attention-grabbing, but the situation surrounding US debt is far more nuanced than a simple doomsday declaration.
The claim that the US needs to borrow just to pay the interest on its debt is a significant one, and while not entirely accurate yet, it highlights a worrying trend. Let’s break down the reality, the risks, and what it might mean for the future.
The US has to Borrow Just to Pay the Interest on its Debt
Gregory Mannarino: 3-14-2025
Headlines screaming “ITS OVER” are certainly attention-grabbing, but the situation surrounding US debt is far more nuanced than a simple doomsday declaration.
The claim that the US needs to borrow just to pay the interest on its debt is a significant one, and while not entirely accurate yet, it highlights a worrying trend. Let’s break down the reality, the risks, and what it might mean for the future.
The statement hinges on the fact that the US national debt is substantial and growing. As of late 2023, it sits well above $30 trillion. With interest rates rising, the cost of servicing that debt has also increased dramatically. This year, the US is projected to spend hundreds of billions of dollars on interest payments alone.
The concern is that these interest payments are becoming so large that they contribute significantly to the overall deficit. This deficit, in turn, necessitates further borrowing, creating a potential “debt spiral” where borrowing is required simply to cover the interest on existing debt.
The US is not currently solely borrowing to pay interest. The deficit is driven by a complex interplay of factors, including government spending programs, tax policies, and economic conditions. However, the increasing burden of interest payments is undoubtedly exacerbating the situation.
However, these factors are becoming increasingly challenged. Economic growth is slowing, and political gridlock often hinders meaningful fiscal reforms. The consequence? The rising interest payments are indeed becoming a larger and larger portion of the deficit, inching closer to the terrifying scenario painted by the headline.
While the US isn’t solely borrowing to pay interest yet, the escalating burden of debt servicing is a serious concern. The path forward requires a commitment to fiscal responsibility, sustainable economic growth, and effective monetary policy.
Ignoring the warning signs and failing to address the issue could lead to dire consequences for the US economy and its global standing. It’s not necessarily “over,” but the future depends on decisive action taken now. Ignoring the problem is not an option.
Watch the video below from Gregory Mannarino for further insights and information.
Iraq Economic News and Points to Ponder Saturday Afternoon 3-15-25
Iraq discusses with the IMF strengthening the dinar
March 14, 2025 Baghdad - Al-Zaman: The Iraqi delegation concluded its meetings with the International Monetary Fund, with the participation of Finance Minister Taif Sami and the Governor of the Central Bank of Iraq, Ali Al-Alaq, in Amman.
The Ministry of Finance stated in a statement that "the meetings focused during discussions on Iraq's economic performance and prospects for sustainable growth, with the International Monetary Fund commending the progress made."
Iraq discusses with the IMF strengthening the dinar
March 14, 2025 Baghdad - Al-Zaman: The Iraqi delegation concluded its meetings with the International Monetary Fund, with the participation of Finance Minister Taif Sami and the Governor of the Central Bank of Iraq, Ali Al-Alaq, in Amman.
The Ministry of Finance stated in a statement that "the meetings focused during discussions on Iraq's economic performance and prospects for sustainable growth, with the International Monetary Fund commending the progress made."
He continued, "The meeting also discussed non-oil GDP growth of 5% in 2024, driven by the expansion of the agricultural sector and increased public spending, with growth expected to reach 3.5% in 2025," noting "the effort to reduce dependence on oil revenues, which will enhance economic diversification and stability."
He pointed out that "actual spending for 2024 and revenue forecasts for 2025, along with deficit financing strategies, will be reviewed, as will updating the public debt strategy to ensure financial sustainability and enhance investor confidence in government bonds."
The meeting addressed "reforms in the financial sector," with the International Monetary Fund stressing the importance of modernizing the banking system to attract foreign capital, and emphasizing "expanding cooperation with international correspondent banks to facilitate trade financing."
The International Monetary Fund (IMF) renewed its support for developing Iraq's fiscal policy, proposing to provide advisors and experts to assist the Ministry of Finance in managing public debt and improving the tax system, as well as increasing the use of the Iraqi dinar in key transactions to strengthen the national currency.
The meetings reflected "Iraq's commitment to financial reforms, enhancing economic stability, and adopting investment-friendly policies, in line with its strategic partnership with the International Monetary Fund." LINK
Years Will Witness A Qualitative Leap In The Industrial Sector Through New Projects And Modern Production Lines.
Local | 05:16 - 03/15/2025 Mawazine News – Baghdad The Ministry of Industry confirmed, on Saturday, that the industrial sector will witness a qualitative leap in the coming years, while indicating that 196 partnership contracts were concluded with the private sector to boost production.
Ministry spokeswoman Duha Al-Jubouri said: "The ministry did not adopt the full privatization of factories, but rather resorted to partnerships with the private sector in accordance with the ministry's partnership law," noting that "the number of effective partnership contracts has reached 196 contracts, distributed among 27 companies."
She added, "50 of these contracts were concluded during the period from October 27, 2022, until now.
" She explained that "some contracts have been signed, while others are still under study or in the foundation stone laying stage," noting that "the partnerships covered multiple sectors, including communications and energy,
Which included the manufacture of power stations and transformer assembly, the petrochemical industries, as well as the automotive industry, which included the assembly and manufacture of machinery, in addition to armoring and conversion projects for various wheels."
She continued, "The partnerships included the mining, electrical, and construction industries, as well as the maintenance and rehabilitation of gas turbine units, in addition to the establishment of new factories to produce phosphate fertilizers, medicines, insulin, and human vaccines."
Al-Jubouri emphasized that "these contracts will contribute to improving and increasing production," noting that "these projects, being huge factories operating with modern technologies, will require several years to complete their construction and operation."
She added, "The coming years will witness a qualitative leap in the industrial sector through new projects and modern production lines." https://www.mawazin.net/Details.aspx?jimare=260195
Industry: 196 Partnership Contracts With The Private Sector To Boost Production
Aluminum factory in Iraq. "Internet" Money and Business Economy News – Baghdad The Ministry of Industry confirmed on Saturday that the industrial sector will witness a qualitative leap in the coming years, noting that 196 partnership contracts have been concluded with the private sector to boost production.
Ministry spokeswoman Dhuha Al-Jubouri said in a statement reported by the official news agency and reviewed by Al-Eqtisad News, "The ministry did not adopt the full privatization of factories, but rather resorted to partnerships with the private sector in accordance with the ministry's partnership law."
She noted that "the number of effective partnership contracts has reached 196, distributed among 27 companies."
She added that "50 of these contracts were concluded during the period from October 27, 2022, until now."
She explained that "some contracts have been signed, while others are still under study or in the foundation stone laying stage," noting that "the partnerships covered multiple sectors, including communications and energy, which included the manufacture of power stations and transformer assembly, the petrochemical industry, as well as the automotive industry, which included the assembly and manufacture of machinery, in addition to armoring and conversion projects for various wheels."
She continued, "The partnerships included the mining, electrical, and construction industries, as well as the maintenance and rehabilitation of gas turbine units, in addition to the establishment of new factories to produce phosphate fertilizers, medicines, insulin, and human vaccines."
Al-Jubouri emphasized that "these contracts will contribute to improving and increasing production," noting that "these projects, being huge factories operating with modern technologies, will require several years to complete their construction and operation."
She added, "The coming years will witness a qualitative leap in the industrial sector through new projects and modern production lines." https://economy-news.net/content.php?id=53424
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
3 Records You Should Keep Indefinitely Once Your Taxes Are Filed
I’m a Tax Expert: 3 Records You Should Keep Indefinitely Once Your Taxes Are Filed
Kerra Bolton Fri, March 14, 2025 GOBankingRates
While it could be tempting to throw away documents after filing tax returns, doing so could put you at financial and legal risk. Maintaining certain financial records indefinitely can safeguard against future tax disputes, facilitate asset management and ensure compliance.
“It is important to keep documents that affect future years forever, such as documents related to losses that have created carryovers, agreements and investment records, which may create future cash basis,” said Crystal Stranger, senior tax director and CEO of Optic Tax.
I’m a Tax Expert: 3 Records You Should Keep Indefinitely Once Your Taxes Are Filed
Kerra Bolton Fri, March 14, 2025 GOBankingRates
While it could be tempting to throw away documents after filing tax returns, doing so could put you at financial and legal risk. Maintaining certain financial records indefinitely can safeguard against future tax disputes, facilitate asset management and ensure compliance.
“It is important to keep documents that affect future years forever, such as documents related to losses that have created carryovers, agreements and investment records, which may create future cash basis,” said Crystal Stranger, senior tax director and CEO of Optic Tax.
While the IRS provides guidelines on the minimum duration for retaining various documents, GOBankingRates spoke to two tax and financial experts to explore three records you should keep indefinitely once your taxes are filed.
Filed Tax Return Copies
Individuals should keep copies of their filed federal and state tax returns even for years after they’re filed.
“General tax return documents should be kept at least three years,” Stranger said. “But it can be good to keep records for seven years, because the IRS could go back that far if there are certain types of underreported income or fraud.”
These documents serve as a historical record of an individual’s income, deductions and tax payments.
“If you get rid of tax records and then later need them, you will not have what you need to substantiate your deductions or credits,” Stranger explained. “This can cause a loss or reduction in allowed deductions, and you could end up owing taxes.”
Property and Real Estate Records
Documents related to property ownership, such as deeds, titles and records of significant home improvements, should also be kept.
TO READ MORE: https://www.yahoo.com/finance/news/m-tax-expert-3-records-160112864.html
Seeds of Wisdom RV and Economic Updates Saturday Afternoon 3-15-25
Good afternoon Dinar Recaps,
2,300,000 CREDIT AND DEBIT CARDS LEAKED ON DARK WEB AS HACKERS INFECT MILLIONS OF DEVICES, DRAIN BANK ACCOUNTS: REPORT
Millions of debit and credit cards have been leaked on the dark web amid an explosion in the number of devices infected by data-stealing malware, according to cybersecurity and anti-virus firm Kaspersky.
Kaspersky says that from 2023 to 2024, at least 2.3 million bank cards were exposed via infostealer malware and posted on the dark web.
Good afternoon Dinar Recaps,
2,300,000 CREDIT AND DEBIT CARDS LEAKED ON DARK WEB AS HACKERS INFECT MILLIONS OF DEVICES, DRAIN BANK ACCOUNTS: REPORT
Millions of debit and credit cards have been leaked on the dark web amid an explosion in the number of devices infected by data-stealing malware, according to cybersecurity and anti-virus firm Kaspersky.
Kaspersky says that from 2023 to 2024, at least 2.3 million bank cards were exposed via infostealer malware and posted on the dark web.
Over the same period, infostealer malware infected 26 million devices running Windows. The cybersecurity firm says bank card information is stolen in every 14th infection by this type of malware.
According to Kaspersky expert Sergey Shcherbel, the actual number of devices infected by infostealers is most likely higher.
“Cybercriminals often leak stolen data in the form of log files months or even years after the initial infection, and compromised credentials and other information continue to surface on the dark web over time. Therefore, the more time passes, the more infections from previous years we observe.”
The cybersecurity firm says the infostealer malware known as Redline was the most prevalent of the data-thieving malware, accounting for 34% of the total infections in 2024. Risepro, which primarily focuses on stealing banking card details and passwords, is another fast-spreading infostealer.
“The most significant surge in 2024 was in infections caused by Risepro, whose share of total infections increased from 1.4% in 2023 to almost 23% in 2024.”
According to Kaspersky, the Risepro infostealer, which is also targeting cryptocurrency wallet data, is spreading through software cracks, game mods and key generators.
Kaspersky advises individuals and organizations monitor bank notifications, enable two-factor authentication and run full security scans on all devices to remain vigilant against these types of malware threats.
@ Newshounds News™
Source: DailyHodl
~~~~~~~~~
BRICS LOOK TO BLOCKCHAIN FOR ALLIANCE PAYMENT SYSTEM
Amid the alliance’s efforts to move away from the US dollar-dominated financial system, the BRICS bloc is reportedly eyeing blockchain as the basis for its developing payment system. Indeed, the collective is introducing a new proposal to push its efforts for economic autonomy forward.
The BRICS bloc has been engaged in a faceoff with the US since the return of President Donald Trump to the White House. Specifically, he has threatened 150% tariffs on the alliance amid its de-dollarization efforts. In response, the bloc has fractured, with some continuing to pursue movement away from the greenback.
BRICS New Proposal Eyes a Blockchain-Based Payment System
Throughout the last year, the BRICS bloc has targeted its own independence from the US dollar. The currency has continued to be weaponized, with the Biden administration instituting sanctions and Trump now introducing tariffs. Indeed, the collective has gone as far as to challenge the influence of the Petrodollar.
Those efforts have only taken a step forward this week with the 2025 summit nearing. Indeed, the BRICS bloc is eyeing blockchain technology for an alliance payment system that will further challenge the greenback, according to a new proposal.
cording to a new report, BRICS 2025 chairmanship holder, Brazil, has introduced the new initiative. It would seek to streamline cross-border transactions and lower costs to increase efficiency for local currency settlement. Although the bloc has assured it will not challenge the US dollar’s dominance, it would encourage and promote local currencies.
It will now be up to Trump and the US to identify the difference. Throughout his first two months back in office, he has not shown that kind of discernment when it comes to the greenback. Specifically, his campaign trail activities that signaled the US dollar’s status as a global reserve asset remained one of his most important focuses.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's Podcast Link
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Subscribe to Seeds of Wisdom Team™ Newsletter
Thank you Dinar Recaps
Insiders Claim Trump will Reset Economy July 4th 2026 to a New Gold Back Currency w/ Andy Schectman
Insiders Claim Trump will Reset Economy July 4th 2026 to a New Gold Back Currency w/ Andy Schectman
Sarah Westall Mar 14, 2025
In this interview with Andy Schectman, Andy drops a bombshell stating that Judy Shelton, Trump’s former pick for the Federal Reserve, told him directly that Trump will pull the trigger on the economic reset July 4th 2026 with a gold backed currency.
That’s a pretty big deal coming from Shelton. We know the economy is ready for a reset soon, what ultimately occurs is still up in the air, but this was big news to me.
Insiders Claim Trump will Reset Economy July 4th 2026 to a New Gold Back Currency w/ Andy Schectman
Sarah Westall Mar 14, 2025
In this interview with Andy Schectman, Andy drops a bombshell stating that Judy Shelton, Trump’s former pick for the Federal Reserve, told him directly that Trump will pull the trigger on the economic reset July 4th 2026 with a gold backed currency.
That’s a pretty big deal coming from Shelton. We know the economy is ready for a reset soon, what ultimately occurs is still up in the air, but this was big news to me.
Details of the interview:
Andy Schectman rejoins the program to discuss the volatile market and the massive gold moving off the COMEX. An unprecedented situation which has never been seen in our life time. He also shares what he has heard from insiders that Trump plans on flipping the switch on the new US economy July 4th, 2026.
https://sarahwestall.substack.com/p/insiders-claim-trump-will-reset-economy
To listen to video click here: https://sarahwestall.com/insiders-claim-trump-will-reset-economy-july-4th-2026-to-a-new-gold-back-currency-w-andy-schectman/
