More News, Rumors and Opinions Friday Afternoon 11-8-2024

KTFA:

The Prime Minister's Office issues a strongly worded statement...and threatens

11/8/2024

The Prime Minister’s media office issued a strongly worded statement, threatening “legal prosecution of those who spread lies.”

A statement received by {Euphrates News} said, "In continuation of the approach of clarity and transparency in government work, and the related media effort aimed at spreading facts and establishing realistic information before our honorable people, in all areas of public service, we confirm that legal prosecution is ongoing for every party or entity that promotes or fabricates lies and false news, which aims first to confuse and mislead public opinion, and cover up for the corrupt, in addition to targeting the government team and the clear digital successes it has provided in files that have represented a difficult knot for service and economic performance over the years."

He pointed out that spreading lies is the weapon of the bankrupt, and the trick of those who do not expect a sincere and appreciated position in the consciences of our people and sons of our nation. Whenever the government takes a clear step forward, such as the achievement that angered the corrupt and spiteful, represented by receiving the docks of the Grand Faw Port, the falsifiers rush to spread cheap lies, the origins of which are no longer difficult to trace, and to track who is behind them trying to compensate for what he lost. Consequently, the law will take its correct course regarding deliberate fabrication, lying and slander.

He continued, "Our people have faced various media attacks over the past two decades, some of which targeted our armed forces and promoted terrorism, and some of which targeted the democratic process and promoted the orphans of dictatorship. Today, there are those who cooperate with corruption, or insist on replacing their role as defined by the constitution with the profession of buffoonery and lying, just to distort the tangible government achievement, and they deliberately pollute all parties with their deviations, after receiving painful blows, and there is no corruption file that has not been dealt with by the hand of justice."

He stressed that "the government team will continue to work and give, and these exposed methods will not hinder it from achieving its goals and priorities. The war on corruption will continue, in order to extend the hand of the law, and track down anyone who harms the reputation of any Iraqi, or targets with evil the performance of anyone who provides honorable service to all Iraqis."   LINK

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Clare: Sudan's top adviser refutes leaked 'billion-dollar bribe' allegations

11/8/2024

Abdul Karim Al-Faisal, Chairman of the Advisory Board in the Council of Ministers, denied on Friday what was circulated by some social media and "yellow pages" about a "fabricated" audio leak.

Al-Faisal explained, in a statement received by Shafaq News Agency, that "the audio clip that was published   was fabricated against me, and I deny the issuance of such content in its entirety and in detail, and it is pure slander," stressing that "there is no truth to his withdrawal from work."

He continued: "I place all my trust in the Iraqi judiciary, which, after God, will be the support and helper to bring me justice against those who wronged me," announcing that "this is targeting and warning to everyone who works and fights with honor and integrity the types of corruption that have ravaged Iraq's wealth."

Al-Faisal concluded by saying: “I know that this is a price paid by those who do not rely on the corrupt and their methods that lack chivalry and morals, and the rumour-mongers will not deter us from building the state and its institutions with this cheap targeting.”  LINK

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

Militia Man  They're going to need to expose their exchange rate so they can get on the Forex and they can open the doors so they can start paying for all those obligations...

Walkingstick   Citibank and JP Morgan have been in Iraq for years...They've been working with the CBI.  They've been working very closely with the digital platform for the foreign currency that will be coming in because there is no more foreign currency inside of Iraq although Iraq is now a currency hub...Iraq phased out the American dollar and all foreign
currency in order for the dinar to be their dominant sovereign currency of their nation.  Because of this action the dinar is no longer paired to the USD but it is pared with a basket of foreign currency...This is very good for the monetary reform policy...

Fact Checking Fed, 25 bps Rate Cut, Powell Refuses to Resign if Trump Asks, Says Economy Is Great

Lena Petrova:  111-8-2024

https://www.youtube.com/watch?v=D3jYBnBln20

If You End the Fed, You Don't Have To Fire Powell

Arcadia Economics: 

Yesterday during Jerome Powell's press conference he was asked if he would resign if Trump asked him to leave. Fortunately, to show you what happened, and recap all of the Fed news from yesterday, including the reaction by gold and silver, Vince Lanci has you covered.

He also highlights one of Trump's other options regarding the Fed, and to find out more, click to watch the video now!

https://www.youtube.com/watch?v=OadbfVi5CZI

“Tidbits From TNT” Friday 11-8-2024

TNT:

Tishwash:  After extending the legislative term... Parliamentary movement to pass 5 "important" laws

 Member of Parliament Mudar Maan confirmed, today, Thursday (November 7, 2024), that the extension of the legislative session for 30 days came with political consensus to decide on 5 "important" laws.

Maan said in an interview with Baghdad Today, "The extension of the legislative session for 30 days came with political consensus among the forces due to the importance of proceeding with the vote on 5 laws that have reached the final stages, most notably the amendment of the general amnesty law and the rest of the other laws."

He added that "the extension comes in order to give the committees a chance to complete their work and proceed in the upcoming sessions to vote on the laws that concern many segments of Iraqi society," stressing that "there are agreements to proceed with the laws."

Maan pointed out that "the House of Representatives will proceed at a faster pace in deciding the laws during the extension, during which we will see important laws put to a vote."

The media department of the House of Representatives stated in a brief statement today, Thursday, that the House Presidency decided to extend the current legislative session for 30 days, starting from November 9.  link

Tishwash:  Al-Alaq describes the parallel dollar as “abnormal”: There is great stability in prices

The Governor of the Central Bank of Iraq, Ali Al-Alaq, described the prices traded in a real parallel market as “abnormal,” while pointing out that there is great stability in prices and a decline in inflation rates.

Al-Alaq said in an interview with local media outlets: “We understand the focus on the rise in exchange rates in local markets, but we believe that the focus should be on the ability of the Central Bank to implement full coverage of foreign transfers for commercial or other purposes, and this happens on a daily basis.”

He added, "The daily dollar selling rates are high and almost sufficient to cover the needs of traders, businessmen and even citizens, and therefore we look at the price through the amount of sales that the Central Bank undertakes daily at the official price."

He pointed out that “the Central Bank looks at another indicator, which is the inflation rate in the market, and we notice that there is great stability in prices and a decrease in the inflation rate, which indicates that foreign trade is covered by the official price, which is 132,000 dinars.” (Per dollar)

The Central Bank Governor continued: “The price that is traded in the market is in fact an abnormal price that does not reflect the true price. Usually, this price is called a parallel price when there is a real parallel market with sources of dollars other than the Central Bank.”

Al-Alaq called on citizens to “pay attention to the fact that the price they are looking at is the price at which the Central Bank sells to traders,” noting that “more than 95% of the Central Bank’s daily sales are foreign transfers, and this foreign transfer is what represents the reality of commercial and other operations that it covers at the official price.”  link

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Tishwash:  Al-Sudani takes a number of steps regarding financial and banking reform in Iraq

Prime Minister Mohammed Shia al-Sudani directed, on Friday, to take a number of steps within the framework of banking and financial reform in the country, including increasing the number of bank branches in the governorates, as most activities are concentrated in the capital, Baghdad.

Al-Sudani's media office stated in a statement today that "within the framework of efforts to reform the financial and banking system, as one of the priorities of the government program, and in light of the important steps achieved during the past two years, and in light of the challenges facing the financial and banking system, especially in the governorates, and since confronting them requires greater attention and radical improvements to ensure enhancing confidence in the financial and banking sectors, facilitating the process of economic development, increasing financial inclusion and raising its indicators throughout the country, and because most of the activities were concentrated in the capital, Baghdad, Al-Sudani directed that a number of steps be taken in this regard."

Among the steps, according to the statement, is “increasing the number of bank branches in the governorates to meet the needs of the local population, and in a way that contributes to expanding the scope of financial services, while paying attention to buildings, their modernity, and providing their basic requirements.”

The statement pointed out the necessity for all banks in the governorates to adopt modern technologies such as online banking services and mobile applications, which facilitates citizens’ access to their banking services easily.

The statement stressed the importance of banks developing their financial services to suit the needs of individuals and small businesses, such as soft loans and savings accounts.

The media office pointed out the enhancement of financial inclusion in the governorates by providing banking services to different segments of society, including districts and sub-districts in villages and rural areas.

The statement called for launching conferences and awareness campaigns in the governorates, to educate citizens about the importance of dealing with banks and how to manage and invest money properly.

The statement directed the organization of workshops to train young pioneers and local businessmen on how to deal with loans and financial services.

The statement added that the Ministry of Finance, the Central Bank of Iraq, and the Iraqi Private and Islamic Banks Associations will coordinate with the governors’ offices to accomplish the above tasks according to their jurisdiction and responsibility, and submit quarterly reports (every three months) to the Prime Minister’s Office regarding the progress of work on the steps mentioned above. link

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Tishwash:  Parliamentary Oil: Gas licensing rounds will support the financial budget

The Parliamentary Oil and Gas Committee stressed, on Thursday, the importance of gas licensing rounds in diversifying Iraq's imports and supporting its budget with new sums.

Committee member Ali Saadoun said in an interview with Al-Maalouma Agency, “The gas licensing rounds are of great benefit to Iraq and provide the financial budget with sums through extracting and selling gas, as well as diversifying the state’s imports.”

He added, "There are quantities of gas in several exploration extraction areas, and the companies that have applied to work in them are diverse, including Chinese companies, and they will begin their activities," indicating that "this important step was supposed to take place 10 years ago." 

It is noteworthy that the Minister of Oil, Hayan Abdul Ghani, had previously expected an increase in gas production by 3 billion cubic feet as a result of the licensing rounds.  link

Mot: The Box - Simon's Cat...... https://www.youtube.com/watch?v=EKvNqe8cKU4

Mot:  Christmas Cat

Seeds of Wisdom RV and Economic Updates Friday Morning 11-8-24

Good  Morning  Dinar Recaps,

XRP LAWSUIT: ARE RIPPLE’S BRAD GARLINGHOUSE AND CHRIS LARSEN AT RISK OF PRISON, OR WILL THE SEC WITHDRAW ITS APPEAL?

The final phase of the crypto bull market appears to have begun, with Bitcoin hitting new highs and altcoins starting to show signs of life. Meanwhile, there’s growing speculation that the SEC’s new chair could end lawsuits against Ripple, Coinbase, and others. Former SEC officials are predicting big changes ahead.

It seems like SEC Commissioner Mark Uyeda is in the running to be appointed acting SEC chair during the transition period after Gary Gensler’s departure. 

This is huge for the crypto space, especially since Uyeda is known for being more favorable towards the industry. There’s also a chance that Hester Peirce, another crypto-friendly commissioner.

Jeremy Hogan, a crypto lawyer, also shared his thoughts, predicting that Gensler will likely step down before January 20th. He believes that the new leadership will move quickly to dispose of non-fraud crypto cases, including those involving Ripple and Coinbase.

This could lead to the dismissal of many ongoing cases, with the Ripple case likely settled for the $125 million already awarded by the court.

Amid the ongoing uncertainty surrounding the current administration, one user asked whether a new, crypto-friendly government could lead the SEC to withdraw its appeal in the Ripple case. 

Marc Fagel, a former SEC attorney said that typically, enforcement actions are based on the law, not political influence, and it would be highly unusual for the SEC to reverse course. However, with the current administration challenging traditional norms, it’s hard to predict what could happen next.

When asked whether Ripple executives Brad Garlinghouse, David Schwartz, and Chris Larsen could face prison time for alleged fraud, the attorney declined to comment. The user accused them of “scamming people for over 10 years” and profiting hundreds of millions did not receive a direct response.

@ Newshounds News™

Source:  CoinPedia

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DEFI NEEDS REGULATION TO DRIVE ADOPTION — WEB3 EXEC

Web3 professional Agne Linge believes that for broader DeFi adoption, regulations must catch up to make people feel safe.

While decentralized finance (DeFi) technology is advancing within the Web3 space, a crypto executive believes the sector still has a long way to go.

At the recent Binance Blockchain Week in Dubai, Agne Linge, a former director of Binance Lithuania who now works with Web3 projects WeFi and Yellow Network, told Cointelegraph that while regulations in jurisdictions like Europe have addressed centralized exchanges and wallet providers, DeFi remains largely “out of scope.”

Linge believes that for DeFi to achieve broader adoption, regulations must be deployed for the industry. Linge told Cointelegraph:

“If you want adoption, we need regulation. We need people to feel safe and to trust the institutions. With what happened in the crypto industry, I think we still have some reputational work to do.” 

Linge also praised regulators for “weeding out” bad actors in the ecosystem and trying to understand the technology but emphasized that DeFi also needs attention.

DeFi not “totally” decentralized
While some in the crypto community believe DeFi should operate without regulation, Linge has a different view. The executive said that even decentralized autonomous organizations (DAOs) members are in danger of being legally accountable. She said:  

“This is not true. I mean, even a DAO. If you are a DAO, then all of the DAO members can be legally liable.”

According to Linge, the space needs regulation because it’s “not totally decentralized.” Linge explained that DeFi still has people signing contracts, on and off-ramp providers, and other variables that would benefit from regulatory clarity.

When asked about DeFi’s potential for wider adoption, Linge argued that, because DeFi places finance on a decentralized blockchain, it could reduce reliance on centralized options:

“With the tools that we have, everything is widespread and globally connected, why would we use centralized solutions? I mean, this will provide more efficient interaction and integration to everything.”

She added that while DeFi is currently in its own niche, it will eventually take another shape or form. “Maybe not completely like autonomous. There will be persons responsible like legal entities, but in general, the infrastructure is only for the benefit of this globally interconnected world,” Linge added.

@ Newshounds News™

Source:  CoinTelegraph

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🌱 BUCKLE UP BUTTERCUP - BUILD A STRATEGIC BTC RESERVE? |  Youtube   

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Follow the Timeline 

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News, Rumors and Opinions Friday AM 11-8-2024

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 Fri. 8 Nov. 2024

Compiled Fri. 8 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Thurs. 7 Nov. 2024 The EBS: The Moment We’ve Been Waiting For …Patrick B. Kennedy on Telegram

After the 10 days of darkness, we will reconnect to a new quantum internet. The old systems of government, education, finance, health, and commerce? Gone. A new age is coming.

Thurs. 7 Nov. 2024 Bruce:

Everything should be released at once: Bonds, R&R, all tiers, everything.

Tier4b (us, the Internet Group) should receive notification to set appointments over the weekend.

Exchanges should start on Tues. 12 Nov.

The new rates for 17 currencies were locked in today Thurs. 7 Nov. 2024

Security should be initiated at 7 pm tonight and be in effect sometime Sat. 9 Nov. 2024.

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RUMORS:

Tues. 5 Nov. 2024 Julian Assange: All Intel is saying “Next Week.” Safe link 800# will be released closer to go date. Bond funds were being delivered to paymasters. Private appointments are being made now. Zim Cap information is changing daily but as of now they are paying as follows: NO projects = 15 million no matter amount you might hold. With projects  = First 2 bond notes are 1 to 1 after this 25 million (per 100T) up to 30 bond notes. To negotiate further you will need to return. Rates are EXTREMELY high.

Operation Phoenix refers to the rollout of GESARA and the Global Currency Reset.

As of early November 2024, Operation Phoenix is now fully in its execution stage. 

Trump’s leadership has empowered elite military units and specialized financial teams to dismantle key corrupt banking nodes in Zurich, London, and Hong Kong.

These forces have begun arresting high-profile bankers and corporate operatives, seizing assets in a historic operation aimed at dismantling the power of financial elites.

With the QFS now active, algorithms are tracking every suspicious transaction and asset movement in real-time, confiscating wealth from those who sought to hoard resources intended for humanity.

This reclaimed wealth is redirected to fund the GESARA rollout, cutting off the elite’s grip on financial power.

Redemption Centers across the nation have received critical upgrades to ensure a secure exchange process. Each center now operates with  Quantum Shielding Technology, preventing any external interference or surveillance attempts. Developed in top-secret military labs, this technology ensures that only those approved through the QFS can enter, protecting participants from deepstate actors attempting to disrupt the wealth transfer.

The Evolution of NDAs: Biometric Integration: With enhanced protocols, participants signing Non-Disclosure Agreements (NDAs) must now verify their identities through advanced biometric signatures, including fingerprint and retina scans.

These new security measures link directly to Quantum Access Cards, further securing each participant’s funds and ensuring only genuine participants are permitted within the QFS.

This advanced biometric NDA process was initiated following revelations of Deepstate operatives attempting identity theft to infiltrate the Redemption Centers.

The Quantum Access Cards, essential for accessing funds under GESARA, have seen significant advancements. As of early November 2024, all cards are equipped with Real-Time Surveillance Deterrents (RTSDs), which detect any attempt to access the card outside QFS’s secure environment. If tampered with, the card immediately encrypts all data, remaining locked until receiving a signal from a Quantum Communication Hub.

This added security feature is part of a larger strategy to eliminate reliance on traditional banks, ushering everyone into a new financial framework immune to manipulation.

One of the most pivotal updates in recent weeks is the full integration of Starlink satellites with the QFS, creating a powerful Q-Grid. This global network of Quantum Communication Hubs now spans eight strategic U.S. regions and other key global locations, connecting Redemption Centers and Quantum Access Cards under an unbreakable encryption shield accessible only by the QFS.

Starlink’s role in this system also includes securing Emergency Broadcast System (EBS) communications, ensuring that all GESARA announcements are delivered without obstruction by mainstream media or deepstate interference.

When the time comes for the GESARA announcement, Starlink will activate the Emergency Broadcast System through the Q-Grid, transmitting real-time updates to every participant. This bypasses traditional media outlets, delivering unfiltered truth to the people directly.

Operation Sentinel has launched to protect Redemption Centers and secure the entire wealth transfer process. Tactical units have been stationed to ensure the safety of all participants

Read full post here:  https://dinarchronicles.com/2024/11/08/restored-republic-via-a-gcr-update-as-of-november-8-2024/

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

Frank26  On the 10th there's going to be a collision of some very important 'heavy particles' that require the monetary reform exchange rate.  On the 10th they're all coming into a collision.  I think they're going to give birth to new elements...Maybe lower notes...maybe a float... maybe the digitalization of the electronic float.  A lot of things might be happening but not before the 10th of this month...

PompeyPeter  Where are we?  The have not seen the budget.  But we have seen something very interesting that encourages me now to talk about the budget.  [a new] article is an absolute doozy as far as I'm concerned because it's telling us quite a lot.  It's telling us that Sunday the 10th of November is...Cultural Day when Iraq thinks about its great thinkers, feats of engineering, its natural beauty, its wonders and its historic wealth...this great nation which was the foundation for much in the world.  This celebration is on Sunday.  They moved it forward from its traditional date of...the 18th.  They're saying they moved it because of the census...They moved it.  They moved it forward to Sunday.

'Euphoric' Market Rally, Bitcoin To $112k Before 'Financial Reset' | Chris Vermeulen

David Lin:  11-7-2024

Chris Vermeulen, Chief Market Strategist of The Technical Traders evaluates market performance after Donald Trump wins the Presidential election and how markets will perform next.

0:00 - Market reaction to Trump win

6:00 - Market momentum

7:20 - Trump's policies and markets

10:35 - Resistance levels

13:22 - Small caps outlook

15:30 - When to take profits?

21:00 – Gold

https://www.youtube.com/watch?v=cU7GO4ls5WM

Seeds of Wisdom RV and Economic Updates Thursday Evening 11-7-24

Good Evening Dinar Recaps,

BRICS: RUSSIA SAYS IT WON’T DITCH US DOLLAR AFTER TRUMP’S VICTORY

In a shocking twist for the BRICS alliance, Russian President Vladimir Putin has said that they will not ditch the US dollar. In a sit-down interview Thursday, Putin confirmed that Russia is not abandoning the dollar, it is “simply refusing to use the dollar as a settlement tool.”

Putin called the US dollar a “pillar of US power,” saying that the US is undoing this power. The BRICS bloc has long pushed its de-dollarization initiative, saying the greenback won’t be king for long.

The alliance recently discussed de-dollarization at its October Summit, and multiple countries have decided to stop using the dollar.

“The payments in dollars are decreasing,” Putin said. “Not too much, as of yet, but as a means of savings, it’s going down step by step. Very gradually it’s shrinking, it is a trend. It’s their own doing.”

In regards to BRICS proposals of ditching the US dollar, the Russian president reaffirmed that “our proposals are not aimed against [the] dollar. This is simply us rising to the challenge of modern times, in response towards the development of the economy we are thinking.”

BRICS Continues Developing Payment System to Rival US Dollar
Putin also discussed how BRICS is currently in the development phase of a unified BRICS payment system rooted in the payment systems of different countries. 

The new system will be “using the groundwork of the systems in each country in exchanging of financial information,” the Russian president said.

The bloc has continued to embrace trades in local currencies. Moreover, they have worked to develop their unique payment infrastructures. These projects should only encourage financial autonomy. Moreover, they should be clear threats to Western hegemony and US dollar dominance. 

The most interesting point from Putin’s interview is that despite the de-dollarization efforts, Russia has decided not to ban or abandon the greenback: simply avoid it.

Earlier this year, Donald Trump hinted he would consider lifting sanctions, encouraging the use of the dollar. Now that he will be President again, it will be interesting to see how the bloc responds if he does just that. 

Putin and China’s President Xi Jinping have already opened the door to speaking to Trump, so perhaps there is a future where BRICS and the US dollar live in harmony.

@ Newshounds News™

Source:  Watcher Guru

Read more:  Twitter

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DETROIT TO BECOME LARGEST US CITY TO ACCEPT CRYPTO PAYMENTS FOR TAXES

Starting mid-2025, Detroit residents can pay taxes and fees in crypto, with blockchain entrepreneurs invited to enhance civic solutions.

▪️Detroit will begin accepting crypto assets for tax payments from mid-2025, making it the largest US city to do so.

▪️The initiative aims to modernize public services and improve accessibility for unbanked residents.

Detroit will soon allow residents to pay taxes and other city fees with crypto, becoming the largest US city to adopt crypto payments.

City officials announced that this option will be available mid-2025 and managed securely by PayPal. This new payment method aligns with Detroit’s broader strategy to modernize public services, strengthen civic engagement, and drive economic growth.

Detroit Mayor Mike Duggan expressed enthusiasm for the initiative, emphasizing the city’s dedication to creating a tech-friendly environment that supports residents and entrepreneurs alike.

“Detroit is building a tech-friendly environment for residents and entrepreneurs,” said Duggan. “We’re excited to be among the first US cities to explore blockchain applications and offer cryptocurrency as a payment option.”

The city treasurer, Nikhil Patel, highlighted that the new platform would improve accessibility for Detroit residents, especially those who are unbanked or prefer digital payments.

 “This platform upgrade will also make it easier for Detroiters to make electronic payments.”

In addition to the new crypto payment option, Detroit is actively encouraging blockchain entrepreneurs to propose projects that enhance transparency, security, and efficiency in public services.

Proposals can be submitted to Justin Onwenu, Detroit’s Director of Entrepreneurship and Economic Opportunity, by December 15, 2024.

Onwenu explained, “Blockchain technologies have the potential to drive greater accessibility, efficiency, transparency, and security, and we’re excited to hear from entrepreneurs at the forefront of this work.”

With this move, Detroit joins a growing number of municipalities adopting crypto payments. Currently, Williston, North Dakota, and Miami Lakes, Florida, accept crypto for specific city services.

However, Detroit will surpass these cities in scope and size, establishing itself as the largest US city to accept crypto.

Cities like Miami and New York have shown strong crypto support, while states such as Colorado, Utah, and Louisiana have already implemented crypto payment options for state taxes.

@ Newshounds News™

Source:  Crypto Briefing

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🌱FED CUT? WHY DO I CARE? WHAT DOES IT MEAN? DIVE IN WITH US.  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

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 Newsletter

Thank you Dinar Recaps

More News, Rumors and Opinions Thursday PM 11-7-2024

TNT:

LouNDebNC:  Iran's Currency Craters to Historic Low Following Trump's Victory

Iran’s already ailing national currency cratered after Donald Trump’s election victory, heralding tough times for Tehran’s economy as the former president prepares for another term in the White House.

By Adam Kredo

Iran’s already ailing national currency cratered after Donald Trump’s election victory, heralding tough times for Tehran’s economy as the former president prepares for another term in the White House.

The Iranian rial traded at 703,000 to 1 American dollar early Wednesday, an all time low, before settling at 696,150 to a single dollar, according to the Associated Press. The steep drop signals fears in Iran that Trump will enter office prepared to level harsh new economic sanctions on the country—and enforce active ones—as punishment for its yearlong war on Israel.

As the Iranian rial tanked, the American stock market surged, with the Dow Jones Industrial Average jumping more than 1,300 points to 45,557 as of mid-day trading. The Nasdaq grew by more than 430 points, hitting 18,875 in the afternoon.

During his first stint as president, Trump decimated Tehran’s economy with sanctions, ushering in a "maximum pressure" campaign that the Biden-Harris administration subsequently dismantled in a bid to entice Iran into a revamped version of the 2015 nuclear accord. Under the administration, Tehran was given access to upwards of $100 billion in cash resources, helping it arm a slew of regional terror proxies that have wreaked havoc on Israel and American military positions in the Middle East.

With Trump’s second term looming over Tehran, the country will have to make tough choices about its war on Israel. Iran has already promised a crushing response to Israel’s first direct attack last month but could decide to hold fire given Trump’s track record of support for the Jewish state. In 2020, Trump greenlit the assassination of Quds Force commander Qassem Soleimani.

Iran said Wednesday that it is not concerned by Trump’s election and saw both candidates as enemies.

"The election of the U.S. president has nothing to do with us. The general policies of the U.S. and Iran are constant," Iran’s foreign ministry said in a statement. "It doesn't matter who becomes the president in the United States because all the necessary planning has been made in advance."

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Tishwash:  Financial expert: The rise of the dollar is temporary and the economy is what determines its path

Financial expert and former director of the Central Bank of Iraq, Mahmoud Dagher, confirmed on Thursday that the rise of the dollar is temporary, and that the economic aspect is what determines its path, away from politics.

Dagher told Shafaq News Agency, "The dollar in local markets is affected by global markets if it rises, considering that the dollar is the same whether it is in Iraqi markets or global stock exchanges.

But what is important is the local currency being affected by it inside Iraq."

He added, "The change that is currently taking place in the dollar is temporary and will soon return to its normal state after things stabilize," indicating that "the economic aspect is what determines the value of the dollar against other currencies, not the political aspect."

The dollar rose with Donald Trump's victory in the US elections, which affected the decline in global oil prices   link

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

Frank26  Salaries need a new exchange rate...The same thing with the HCL.  Do you see the HCL? No.  Give me a new exchange rate.  It's that simple.  Do you see the salaries?  No, still nothing.  Give me a new exchange rate.  It's that simple.  Do you see the lower notes they keep talking about?  No.  Give me a new exchange rate...By the way they are giving them a new exchange rate IMO...

Frank26  The fact they are talking to you [Iraqi citizens] that the HCL is coming...means a new exchange rate is coming.

Guru Walkingstick   For decades, forever, the corruption in Iraq have stolen the future of the children of Iraq, let alone the Middle East...You'll find them in parliament, you'll also find them in the media - television, newspapers of Iraq...Sudani brought in Alaq with the permission of the board of directors of the CBI.  When he did, things started to move forward.  That's why a 10 year report has now been put out.

U.S. ‘Debt Tsunami’ Will Force Fed to Negative Rates, Push Gold to $8,000 | Brien Lundin

Kitco News:  11-7-2024

The Federal Reserve's money management will trigger the next crisis and force the U.S. central bank to embrace negative interest rates, warns Brien Lundin, Editor of Gold Newsletter and CEO of New Orleans Investment Conference.

 Lundin analyzes what this crisis means for the economy, the Federal Reserve, the U.S. dollar, and gold. Lundin tells Kitco News' anchor Jeremy Szafron that the Fed's recent 25 basis point cut to a target range of 4.5%-4.75% could be just the start of a longer rate-cutting cycle driven by the unsustainable cost of servicing the national debt.

He predicts that gold prices could surge to $8,000 an ounce within this bull market cycle as Western investors seek safe-haven assets amid rising economic risks.

Lundin highlights the return of "bond vigilantes," whose skepticism about U.S. debt management has driven Treasury yields higher. With gold decoupling from its traditional inverse relationship to the dollar and bond yields, Lundin argues that the metal is poised to benefit from a powerful new bull market.

0:00 - Fed Rate Cut Details

0:31 - Powell’s Press Conference

 1:47 - Lundin’s Economic Forecast

2:29 - Fed on Inflation & Rate Cuts

3:24 - U.S. Debt Crisis Risks

7:10 - Gold Price Predictions

11:23 - Debt’s Impact on Economy

30:06 - Investment Conference Highlights

38:45 - Closing Thoughts on Markets

https://www.youtube.com/watch?v=W0XQhV-H3_E

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 11-7-24

Good Afternoon Dinar Recaps,

FED CUTS RATES AS BITCOIN CONTINUES ROARING

The Federal Reserve slashed interest rates again on Thursday in a move that could boost Bitcoin—which is already in all-time high territory.

The Federal Reserve on Thursday slashed interest rates in an expected decision that could give "risk-on" assets like Bitcoin a further boost—and the top digital asset is already surging in recent days, setting multiple all-time high price points following Donald Trump's election win.

America's central bank approved a quarter-point interest-rate cut—a move backed by all 12 Fed voters. In September, the Fed cut by 50 basis points in its first such reduction since it aggressively raised rates in 2022.

Bitcoin and other cryptocurrencies have largely benefited from low interest rates because they, like tech stocks, tend to experience more volatile price movements.

But in 2022, the central bank aggressively hiked interest rates in a bid to tame inflation amid the COVID-19 pandemic, making such investments less attractive. Now that inflation is in check, the central bank can make it cheaper to borrow money again.

"The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance," the Fed said in a statement Thursday.

Matt Mena, crypto research strategist at exchange-traded fund (ETF) issuer 21Shares, said in a statement provided to Decrypt that the latest cut could give crypto a further boost.

"The Fed's 25 bps rate cut introduces an economic boost favorable to risk assets like Bitcoin," he said. "Combined with Trump's pro-crypto policies, this creates a supportive macro environment for Bitcoin."

@ Newshounds News™

Source:  Decrypt

~~~~~~~~~

RIPPLE CEO SHARES HIS ‘FIRST 100-DAY’ CHECKLIST FOR THE PRESIDENT

Brad Garlinghouse, CEO of Ripple, has outlined what he believes should be part of the President's first 100-day agenda for crypto.

Trump’s victory in the 2024 U.S. election has offered not just a pro-crypto president, but also the most pro-crypto lawmakers in the House and Senate. With crypto in celebratory mood as Bitcoin leads prices higher, the overall sentiment is that this is only the beginning of what’s bullish for the industry.

However, among the top priorities for the sector is the push for regulatory clarity. In his congratulatory message, Ripple CEO Brad Garlinghouse outlined what he sees as a few of the things the president can do in his first 100 days to get the ball rolling.

Fire Gensler
At the top of the list is fulfilling a campaign pledge: firing U.S. Securities and Exchange Commission Chair Gary Gensler on “day one.” 

Garlinghouse suggests replacing Gensler with a more crypto-friendly candidate, naming Dan Gallagher (chief legal officer of Robinhood), Christopher Giancarlo (former head of the Commodity Futures Trading Commission), and Brian Brooks (former acting comptroller of the currency) as potential successors.

“They’d be massive upgrades in rebuilding the rule of law (and reputation) at the SEC,” the Ripple CEO posted on X.

In his victory speech following Tuesday’s election, Trump expressed his commitment to uniting the nation and driving change.

On his ‘first 100-day’ checklist Garlinghouse wishes to see the president getting Republicans and Democrats together to “move the digital asset market structure bill forward in the Senate.”

Notably, the U.S. House of Representatives passed the bill in May 2024.

The final item on Garlinghouse’s list pertains to Ethereum. Ripple’s legal battle with the SEC, from December 2020 to July 2023, challenged allegations that XRP was a security, ultimately resulting in a favorable court ruling. While the SEC approved spot Ethereum exchange-traded funds in May, Garlinghouse couldn’t resist a pointed comment aimed at the regulator.

“And last but not least, can we get some clarity…..similar to XRP and BTC, that ETH is not security, right?!” he wrote.

@ Newshounds News™

Source:  Crypto News

~~~~~~~~~

🌱 PRESIDENT HARRIS HOW? THE PLAN AND WILL IT HAPPEN? GIPPER'S NEWS  |  Youtube

Gipper's News Reader: https://t.me/+Thh6fZ5bQJfRxU3f 

Read More: https://t.me/c/1310227069/156714

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Thank you Dinar Recaps

Lena Petrova: West Shut Down mBridge but Failed to Stop the Global South

Lena Petrova: West Shut Down mBridge but Failed to Stop the Global South

11-7-2024

As the world becomes increasingly multipolar, the narrative surrounding economic alliances has shifted dramatically. The BRICS nations—Brazil, Russia, India, China, and South Africa—have long been seen as a counter-force to Western domination in global affairs.

Recent events surrounding the West’s investment in and subsequent shutdown of mBridge, a digital currency bridge designed to facilitate cross-border transactions, only underline the resilience and determination of the Global South to forge its own path.

mBridge was conceived as a revolutionary digital currency project aimed at streamlining international transactions among participating nations, primarily focusing on simplifying trade across Asia and beyond. Sponsored by central banking authorities from China, Hong Kong, Thailand, and the UAE, the initiative promised to minimize reliance on traditional banking systems, reduce transaction costs, and promote greater financial inclusion.

However, the West viewed this emerging financial network with suspicion. With the idea of creating an alternative to the US dollar—a financial backbone of global trade—mBridge was perceived as a direct challenge to existing economic hegemony. This culminated in pressure tactics and sanctions aimed at stifling its development and adoption.

The West’s attempt to undermine mBridge isn’t the first instance of economic sanctioning in the geopolitical arena. Various nations have been victim to similar strategies, aiming to weaken economies through a combination of targeted sanctions, investment restrictions, and diplomatic isolation. In the case of mBridge, the West’s actions were intended to render the platform impotent by prohibiting collaboration with Western financial and technological institutions.

But history often teaches us that such tactics can bring about unintended consequences. Instead of halting the progress of alternative financial systems, these sanctions have galvanized the Global South to deepen its collaboration, exploring alternative means to circumvent Western control.

While the West sought to stifle mBridge, BRICS countries have united in their resolve to pursue financial independence. Recent discussions and initiatives among BRICS members hint at collaborative efforts to design and implement their own cross-border payment systems. The narrative has shifted from one of dependency on Western models to creating autonomous financial systems that reflect the interests and needs of the Global South.

The BRICS framework is not just about economic mechanisms; it represents a profound ideological shift towards a more equitable multipolar world. By embracing collective decision-making and shared ownership of their economic future, BRICS nations embody the aspirations of many countries that feel overlooked or marginalized in the existing order.

The West’s failure to stifle mBridge reveals a significant truth: the Global South will not quietly acquiesce to external pressures. Instead, they have shown the capability and willingness to harness their collective power to create a system that favors mutual growth and sustainability.

As global dynamics continue to evolve, the story of mBridge serves as a potent reminder: attempts to suppress innovation and progress are as likely to inspire resilience and obstinance as they are to create compliance. The BRICS nations stand firm in their commitment to constructing a financial framework reflective of their priorities and goals.

The “sanctioned” state of BRICS should be viewed not through the lens of Western triumph but as a testament to the power of unity and sovereignty among nations determined to shape their destinies. As the Global South forges ahead, it’s clear that the future is not solely written by the West, and the race for financial independence will only gain momentum in the years to come.

Watch the video below from Lena Petrova featuring Warwick Powell for further insights and information.

https://youtu.be/Nes2lGeKYzk

https://dinarchronicles.com/2024/11/07/lena-petrova-west-shut-down-mbridge-but-failed-to-stop-the-global-south/

Seeds of Wisdom RV and Economic Updates Thursday Morning 11-7-24

Good Morning Dinar Recaps,

XRP LEDGER ACTIVATES CRUCIAL PRICE ORACLE AMENDMENT: HERE’S WHY IT MATTERS

▪️The activation of the Price Oracle amendment on the XRP Ledger enhances its DeFi capabilities by integrating off-chain data, crucial for executing accurate smart contracts and expanding decentralized applications.

▪️This update may increase demand for XRP, positioning the XRPL competitively against other blockchain platforms, particularly as Ripple prepares to introduce smart contract support.

The XRP Ledger (XRPL) has activated the highly anticipated Price Oracle amendment, enabling the integration of off-chain data through oracles. This update follows Ripple’s recent positioning to become a competitor to Chainlink, as previously highlighted by CNF. With the release of oracles in Q2 2024 on the XRPL, if it could  propel XRP’s price to a new all-time high (ATH).

This key update, announced by XRPL validator Vet, states that the XRP Ledger Price Oracle amendment is now activated. Oracles can bring off-chain data to the XRP Ledger, which is useful for decentralized finance (DeFi) and eventually for smart contract dApps.

The amendment is designed to bolster decentralized finance (DeFi) capabilities on the XRPL by providing external, real-world data for use in smart contracts and financial transactions.

Expanding DeFi Applications with Real-World Data
The Price Oracle amendment allows oracles to connect blockchain-based applications on the XRPL to real-world data, such as cryptocurrency price feeds and live market data. This access is essential for executing accurate smart contracts and broadening DeFi’s scope on the XRPL.

With Ripple’s plan to add smart contract support, the amendment paves the way for more complex financial products and decentralized applications (dApps), significantly advancing XRPL’s DeFi capabilities.

Positive Market Sentiment and Competitive Positioning
Within the XRP community, there is speculation that this update may drive up demand for XRP, as the XRPL’s enhanced functionality could attract more developers and users. 

With reliable data integration, the XRPL is well-positioned to compete in the DeFi space, especially alongside platforms like XLM, which added smart contract support in early 2024.

This development underscores the XRPL’s adaptability and innovation, potentially strengthening its long-term market position. At the time of writing, Ripple (XRP) is trading at $0.5347, having surged by 5.08% in the past day and 2.62% in the past week.

@ Newshounds News™

Source:  Crypto News Flash

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SENATOR LUMMIS: U.S. IS ‘GOING TO BUILD’ A STRATEGIC BTC RESERVE

Senator Cynthia Lummis reaffirmed plans to create a strategic Bitcoin Reserve in the U.S. just hours after Donald Trump won the presidential election.

Congressional progress on a national strategic Bitcoin reserve could accelerate as The Associated Press, Fox News, and NBC declared Republican candidate Donald Trump the winner of the presidential race. Lummis’ Nov. 6 tweet reminded the public of plans to position America’s $12 billion Bitcoin stockpile as a reserve asset and potential solution to the nation’s rising debt crisis.

The Senator initially revealed her BTC plans at the July Bitcoin 2024 conference in Nashville. Trump announced his intention to shutter state-backed Bitcoin selling at the same event, receiving praise from crypto supporters.

Following the gathering, Lummis unveiled official documents for a Strategic Bitcoin Reserve and submitted the proposal for consideration. Thousands of U.S. citizens signed letters and petitions supporting the idea shortly after.

Republican control of Congress could further push such a bill toward formal legislation. Some 247 pro-crypto candidates won House of Representative seats, according to Stand With Crypto, with several other spots in the Senate up for grabs.

If Trump follows through on his crypto promises and Republicans achieve a legislative trifecta, the U.S. could become the first major world power to recognize Bitcoin as a national reserve asset. As of the time of publication, the U.S. was the largest sovereign owner of Bitcoin, holding 203,239 tokens, according to Arkham.

@ Newshounds News™

Source:  Crypto News

Read more:  Twitter

~~~~~~~~~

TODAY

Jerome Powell will take the podium as Treasury yields surge, with the Federal Reserve expected to cut rates.

This is like watching poetry in motion.

@ Newshounds News™

Source:   Twitter X

 ~~~~~~~~~

🌱 DO I NEED TO LEARN CRYPTO? WHY? HOW?  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

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Thank you Dinar Recaps

News, Rumors and Opinions Thursday AM 11-7-2024

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 Thurs. 7 Nov. 2024

Compiled Thurs. 7 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Wed. 6 Nov. 2024 Wolverine: “I was told everything starts after announcement of the election. That means tomorrow Thurs. 7 Nov. everything starts. God bless you all. Wolverine

Tues. 5 Nov. 2024 Julian Assange: All Intel is saying “Next Week.” Safe link 800# will be released closer to go date. Bond funds were being delivered to paymasters. Private appointments are being made now. Zim Cap information is changing daily but as of now they are paying as follows: NO projects = 15 million no matter amount you might hold. With projects  = First 2 bond notes are 1 to 1 after this 25 million (per 100T) up to 30 bond notes. To negotiate further you will need to return. Rates are EXTREMELY high.

Tues. 5 Nov. 2024 Bruce: Our contact says SS increases and R&R will likely come in the month of November. My contact in Iraq said we’d have monies sometime Thurs. 7 Nov. to Sat. 9 Nov.  I believe we should start exchanges on Thurs. 7 Nov.

~~~~~~~~~~

Global Financial Crisis:

Wed. 6 Nov. 2024: BREAKING: BOOM! Trump’s Victory Ignites U.S. Dollar’s Meteoric Rise, Bitcoin Soars, and Tesla Skyrockets! A New ‘Golden Age of America’ Begins! – amg-news.com – American Media Group

Wed. 6 Nov. 2024: Twenty-seven U.S. states lack the cash to repay their debts, according to researchers at Truth in Accounting. https://www.cnbc.com/video/2024/11/06/why-so-many-state-governments-are-in-financial-trouble.html

Wed. 6 Nov. 2024: Signature Bank Collapse Redux! New York Community Bank’s 40% Plunge Reignites Banking Crisis!

New York Community Bank nosedives 40%, a chilling echo of the Signature Bank collapse, reigniting financial chaos. Your savings are at risk; the elites are moving fast. Act now to shield your assets!

NYCB ($NYCB) has crashed nearly 40% after releasing a disastrous earnings report. This is the same bank that took over Signature Bank’s assets post-collapse. Now, NYCB’s plummet signals something even more dangerous in the banking sector. What does this mean for your money, for our future?

The collapse of NYCB isn’t just one bank’s fall—it’s a sign of systemic rot in our financial system. Regulatory failures, risky investments, and the insatiable greed of the elites have all played a role in this breakdown. Each collapse leaves taxpayers on the hook, while Wall Street reaps rewards and Main Street pays the price.

What does this mean for everyday savers? Your hard-earned money is increasingly at risk as banks struggle to stay afloat. Deposit insurance offers limited protection, and with each bank collapse, ordinary citizens face potential losses. Many people may soon realize that the “security” promised by banks was nothing but smoke and mirrors.

Meanwhile, globalist elites like the WEF have pushed policies designed to destabilize, control, and keep power centralized. Their agenda is simple: control the flow of money and leave ordinary citizens financially dependent. The crisis at NYCB isn’t an isolated event—it’s part of a larger scheme to consolidate power.

With signs of economic disaster all around us, it’s time to act. Protect your wealth now by diversifying assets, holding cash, cutting unnecessary expenses, and preparing for more financial turbulence. Standing up for financial justice isn’t paranoia—it’s taking action against a system rigged against the average person.

The collapse of NYCB is a call to action: it’s a wake-up call that the stability we were promised is a lie, designed to keep us compliant while they reap the profits. Enough is enough.

Read full post here:  https://dinarchronicles.com/2024/11/07/restored-republic-via-a-gcr-update-as-of-november-7-2024/

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

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

Militia Man  I think they've got it to an exposer level.  They haven't exposed the 2024 budget yet.  They haven't exposed the hydrocarbon law yet.  They haven't turned on oil in the Port [Into Turkey] yet.  Why?  Because I think the 2024 budget has something that we're waiting for.

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:
Mr. Sammy said he has heard that Citibank and JP Morgan who have worked with Iraq for the last two years went to all the meetings...with the IMF, World Bank. It turns out Citibank have come out with something called CitiDirect program.  It's...so banks can exchange foreign currency and deal with 135 different currencies.  It is direct and all digital just like everything we're doing in Iraq...Mr. Sammy says these two banks will be leading the way but it will be banks all over the world too.  FRANK:  You can't be a central hub at a program rate!

Debt Doom Loop: Rates Reality Brings US’ Reckoning Day Closer, Watch Shadow Banking Crisis | Pomboy

Kitco News:  11-6-2024

In a landmark election, Donald Trump returns to the White House as the 47th president. Jeremy Szafron, Anchor at Kitco News, sits down with Stephanie Pomboy, founder of MacroMavens, for a powerful analysis of what Trump’s return to the White House means for financial markets and the U.S. economy.

In this interview, Pomboy breaks down the immediate effects on Bitcoin’s record surge, a strengthening dollar, and the latest gold price moves.

Pomboy explores Trump’s bold proposal for a “strategic Bitcoin reserve” and his plans to reassert the dollar’s dominance globally as de-dollarization trends continue to rise.

Plus, she dives into the looming U.S. debt crisis and the economic challenges Trump will face as he aims to deliver on campaign promises. With insights into the Federal Reserve’s potential shift toward more QE, Pomboy offers a sharp look at what’s ahead for the economy under Trump’s leadership.

00:00 Introduction

 02:01 Election Results

05:36 Gold Market Analysis

08:16 US Dollar

10:41 Future of Gold and Debt Doom Loom

17:49 Bitcoin Spike

 23:45 Hard Assets

31:17 Federal Reserve and New Economic Reality

 33:36 Macro Data, Recession and What’s Next

37:55 Final Thoughts

https://www.youtube.com/watch?v=mLb7O9z6oC8

“Tidbits From TNT” Thursday Morning 11-7-2024

TNT:

Tishwash:  National Investment: Iraq is heading towards a big marathon

Chairman of the National Investment Commission, Haider Makiya, confirmed that Iraq is heading towards a major investment marathon for many projects, while he pointed out that funding from international institutions reduces the burden on the Ministry of Finance by granting loans for investment projects.

Makiya said, “We found many economic visions in the first edition of the Iraq Economic Forum,” noting that “the issue of the possibility of benefiting from the financing of international institutions known to the Central Bank was raised in order to ease the burden on the Ministry of Finance to grant loans and facilities to local investment projects or even foreign projects.”

He added, "It is necessary to seek external funding to finance investment projects, especially since Iraq is about to embark on a major investment marathon for many investment projects inside Iraq."  link

Tishwash: Al-Sudani: The Grand Faw Port is a step towards a new Iraq in the heart of the global economy

Prime Minister Mohammed Shia al-Sudani stressed, during his visit to the Grand Faw Port in Basra Governorate, that "the port represents a step towards a new Iraq in the heart of the global economy."

Al-Sudani announced in a speech during the ceremony of receiving the five berths of the Grand Faw Port from the Korean company implementing the work, describing them as “the backbone of the Grand Faw Project.”

Al-Sudani pointed out that development and economic transformation are an "integrated approach," stressing that "Iraq was and still is a fundamental pillar in the global economy," and that "the path of development will be an artery linking most countries in the region."

Al-Sudani also stressed that the government's approach revolves around "insisting on the interests of the Iraqi people," with a focus on "prosperity, providing job opportunities, and development windows as our work priorities."  link

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

Tishwash:  Central Bank of Iraq celebrates National Job Day

The Central Bank of Iraq organized a central celebration of the National Job Day by honoring a number of its creative employees with success stories that contributed to the development of work at the Central Bank of Iraq.

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, and the honorable Representative Dr. Ammar Hamad Khalaf, honored the employees who won the National Job Award, which was organized within the bank and in the presence of a representative of the Prime Minister's Office, presenting them with the award shield, praising their efforts and contributions that enhanced the efficiency of the work of their departments and sections, which was reflected in the work of the Central Bank.

His Excellency urged all employees of the Central Bank to make their efforts to be present on the platforms of job success next year, pointing to the support and honoring of an important category of the bank's employees in the Issuance and Treasury Department next year.

The Chairman of the National Job Day Committee, Dr. Alaa Jamal Abdul Redha, praised the efforts made to make the Job Day a success, indicating that today's celebration is an extension of the ongoing efforts to create a platform to recognize job excellence and dedication in the public sector.

Central Bank of Iraq
Media Office
November 7, 2024  link

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

TishWash: The Iraqi Council of Ministers approves a set of service, economic and urban decisions

 The Council of Ministers, headed by Mohammed Shia Al-Sudani, issued today, Tuesday, during the forty-fifth regular session, a number of important decisions that fall within the government's efforts to improve services and strengthen the economy and infrastructure in Iraq.

The Prime Minister's media office said in a statement received by "Mawazine News", that "Al-Sudani chaired the session, where the latest developments in the country were discussed and vital files that concern the priorities of the government program were discussed, in addition to considering the topics on the agenda and taking the necessary decisions regarding them."

Decisions on the population census

As part of the council's follow-up to the preparations for conducting the population census scheduled for November 20, the council approved a number of measures, the most important of which are:

1. Emphasizing commitment to Federal Court Decision No. (73/Federal/2010) regarding the general population census.
2. Conducting the census in the disputed areas by a joint team from the three nationalities (Arab, Kurdish, Turkmen) with the addition of a Christian individual in areas with a Christian majority.
3. Cooperation between the Statistics Authority and the Kurdistan Regional Statistics Authority with the Federal Ministry of Interior to compare the data of the ministries with the census results.
4. Allocating the general census results to the Federal Planning Council and the Ministry of Planning in the Kurdistan Region.
5. Commitment to organizing statistical tables on the numbers of deportees, arrivals and displaced persons.
6. Sending a technical team from the Kurdistan Regional Statistics Authority to the census operations room.
7. Immediately start training enumerators in preparation for the census.

Amending the Triennial Budget Law

The Council also approved a proposal to amend Article (12/Second/C) of the Triennial Budget Law No. (13 of 2023) to include several points related to compensating the Kurdistan Regional Government for the costs of oil production and transportation, as the costs of production and transportation will be calculated by an international technical advisory body.

Developing the work of civil defense

In the framework of developing the work of civil defense, the Council approved allocating an amount of 25 billion dinars to the Ministry of Interior to establish 100 civil defense detachments in Baghdad and the governorates, and approved a direct contract with the Chinese company SANY to purchase 18 fire engines.

Supporting the educational and health sectors

In the field of supporting education, the Council of Ministers approved increasing the acceptance rate of top students from institute graduates from 10% to 20% for admission to universities. It also approved the establishment of institutes for higher health professions in several governorates.

Supporting the national industry

The Council approved providing a sovereign guarantee to establish a glass manufacturing plant in cooperation with lending banks, and also approved the inclusion of plastic granules in the customs fees decision.

Administrative reform and appointing officials

Within the framework of administrative reform, the Council approved the appointment of four general managers based on performance evaluation criteria. The Council also chose Islam Hassan Al-Saadi as the sixth member of the Board of Trustees of the Iraqi Media Network.

Completing stalled projects

in the field of infrastructure, the Council approved the establishment of a component for equipping medical devices and supplies within the emergency hospital project in Rania and increasing the cost of projects to demolish irregular buildings and build alternative schools.

Other decisions

The Council approved the draft law amending the fifth amendment to the Civil Aviation Law, amending the price of gas oil for the National Paralympic Committee’s wheels, and concluding lease contracts with the Independent High Electoral Commission.

These decisions are an important step towards enhancing public services and supporting the economy and infrastructure, and confirm the government’s commitment to achieving sustainable development in the country.  link

Mot:  MOM! - Help . My Goodies are in that Cabinet!!! 

Mot: Always Good to Have Goals!!!!