Economist’s “News and Views” Sunday 11-10-2024
Gold And Silver Are Sound Money: Why It Scares The Fed | JP Cortez
Lynette Zang: 11-10-2024
n Today's Video we are talking with Jp Cortez who is the Executive Director of the Sound Money Defense League, a nationally renowned policy group known for its fervent commitment to advocating for a stable and constitutional monetary system.
So very excited to have JP on
Gold And Silver Are Sound Money: Why It Scares The Fed | JP Cortez
Lynette Zang: 11-10-2024
n Today's Video we are talking with Jp Cortez who is the Executive Director of the Sound Money Defense League, a nationally renowned policy group known for its fervent commitment to advocating for a stable and constitutional monetary system.
So very excited to have JP on
Unexploded Bombs In Banking System | Rick Rule
Liberty and finance: 11-9-2024
Legendary investor Rick Rule provides a stark outlook on the financial system, warning of the dangers posed by government debt, inflation, and the unsustainable promises made by social programs like Social Security.
He explains how institutions such as banks are facing severe financial strain due to mismatches in their portfolios—long-dated fixed-rate obligations funded by short-term deposits—exposing them to the risks of rising interest rates.
Rule also highlights the precarious future facing retirees, especially those relying on Social Security, as inflation erodes the value of nominal benefits.
With the U.S. government’s rising debt and unfunded liabilities, he cautions that the real value of future benefits will diminish, leaving many retirees unprepared. Ultimately, he stresses the importance of individuals taking control of their financial futures, acknowledging the challenges while emphasizing resilience and proactive planning.
INTERVIEW TIMELINE:
0:00 Intro
2:03 Government mismanagement
17:07 Currency devaluation
24:40 Election & US dollar
34:35 Metals vs miners
40:00 Banking system
48:00 Battle Bank
"You MUST PREPARE Now..." - Adam Taggart
LifeWorthLiving: 119-2024
Adam Taggart, host of thoughtful money, discusses the current uncertainties in financial markets and the importance of shifting from passive to active investment strategies. Taggart emphasizes that high volatility, shifting inflation trends, and evolving bond markets signal that traditional passive strategies may no longer be effective.
News, Rumors and Opinions Sunday 11-10-2024
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 Sun. 10 Nov. 2024
Compiled Sun. 10 Nov. 2024 12:01 am EST by Judy Byington
Judy Note:
The new US Treasury is in Texas (allegedly) , as is possibly the new US Republic Capitol.
By Nov. 2024 the state of Texas will be (allegedly) set up as home to the new Quantum Financial System for the new US Republic, with their currency being gold-backed US Treasury Notes. Texas has (allegedly) applied to be a part of BRICS.
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 Sun. 10 Nov. 2024
Compiled Sun. 10 Nov. 2024 12:01 am EST by Judy Byington
Judy Note:
The new US Treasury is in Texas (allegedly) , as is possibly the new US Republic Capitol.
By Nov. 2024 the state of Texas will be (allegedly) set up as home to the new Quantum Financial System for the new US Republic, with their currency being gold-backed US Treasury Notes. Texas has (allegedly) applied to be a part of BRICS.
Global Currency Reset:
Sat. 9 Nov. 2024 Wolverine: “The RV has started. Thank you God. Everyone’s saying that by Tues.12 Nov. we should have a shotgun start. Everything is going at once. The bankers had a meeting and said that Zurich has already started. The codes were locked in a couple of days ago. Remember Tues. 12 Nov. is when we expect things to roll.”
Thurs. 7 Nov. 2024 Bruce: Tier4b (us, the Internet Group) should receive notification to set appointments over the weekend. Exchanges should start on Tues. 12 Nov.
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. Rates are EXTREMELY high.
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Sat. 9 Nov. 2024 BOOM! BANKRUPT U.S. CORPORATION: Jan Halper-Hayes, the Vatican, and “We Have the Gold!” …Gitmo TV on Telegram
The Massive Gold Transfer: America’s Wealth Restored: According to Halper-Hayes, an operation brought back 650 planes of gold from the Vatican. This gold — the foundation of America’s wealth — is now back on U.S. soil, setting America free from Vatican influence. Trump’s move is a sign of a new era of financial independence.
The Role of Gold in Ending the Federal Reserve: Halper-Hayes reveals that America’s gold-backed currency could destroy the Federal Reserve’s power. This isn’t just a financial move; it’s about returning power to the people and ending foreign economic control over America.
Read full post here: https://dinarchronicles.com/2024/11/10/restored-republic-via-a-gcr-update-as-of-november-10-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV saying Iraq private sector is about to catch up economically with the international sector. FRANK: Not at a program rate. A person would have to be a moron to think Iraq's economy is about to explode with a punished sanctioned program rate to their currency.
Militia Man CBRs , Correspondent Banking Relationships, we've know about that since 2023...This isn't brand new. This is what's been done. 2024 consultation Article IV is about things they've got to a certain point where now we're going to the next step. We're focusing in on 2024 for what? Modernizing the banking system. Getting that completed. Going to the private sector. Privatizing the state-owned banks. They're doing it. Ernst and Young are doing it. They've had a contract since January.
Why is Iraq's Currency Lagging Behind Kuwait's Currency
Edu Matrix: 11-10-2024
Why is Iraq's Currency Lagging Behind Kuwait's Currency? #iqd #kwd In this video, we explore the highly anticipated revaluation (RV) of the Iraqi dinar and why it didn't mirror the successful revaluation of the Kuwaiti dinar after Iraq invaded Kuwait in 1990.
We'll break down the key differences between the two situations, including the economic stability of Kuwait versus Iraq, currency management strategies, and the factors that have fueled speculation around the Iraqi dinar. Is the dream of an Iraqi dinar revaluation realistic, or just a myth fueled by speculation? Watch to find out!
Why Fed's Rate Cut Won't Help (How Bad Will It Get?)
Taylor Kenny: 11-8-2024
The recent Federal Reserve rate cut sparks questions about the future of affordable housing and mortgage rates. As rates drop, will housing costs finally come down, or is there a longer road ahead? Discover what’s really impacting mortgage rates and the economy, including Treasury yields, inflation risks, and government spending.
CHAPTERS:
00:00 – Introduction: Rate Cut and Housing Affordability
00:35 – Why Mortgage Rates Aren’t Falling
01:39 – Inflation Risks and Economic Outlook
02:14 – The Federal Reserve’s Dilemma
02:45 – Inflation’s Slow Rise and Treasury Yields
03:20 – Labor Market Concerns and Job Growth
03:51 – The Role of Government Jobs in Job Numbers
04:26 – The Bigger Picture: Systemic Flaws and National Debt
05:26 – Why Gold and Silver Still Matter
06:34 – The Future of the Dollar and Rate Cuts
07:43 – Protecting Wealth Outside the System
Seeds of Wisdom RV and Economic Updates Sunday Morning 11-10-24
Good Morning Dinar Recaps,
NORWAY SUPPORTS MICA, CONSIDERS CBDC FOR FINANCIAL STABILITY
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.
Norges Bank, Norway’s central bank, has endorsed the European Union’s Markets in Crypto-Assets Regulation (MiCA) as the country evaluates the potential adoption of a central bank digital currency (CBDC).
Kjetil Watne, project director for Norges Bank’s CBDC project, said in an interview with Cointelegraph that Norway, as a member of the European Economic Area (EEA), welcomes MiCA’s framework. However, he noted that the bank is still considering “whether additional regulations are necessary to promote financial stability.”
Good Morning Dinar Recaps,
NORWAY SUPPORTS MICA, CONSIDERS CBDC FOR FINANCIAL STABILITY
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.
Norges Bank, Norway’s central bank, has endorsed the European Union’s Markets in Crypto-Assets Regulation (MiCA) as the country evaluates the potential adoption of a central bank digital currency (CBDC).
Kjetil Watne, project director for Norges Bank’s CBDC project, said in an interview with Cointelegraph that Norway, as a member of the European Economic Area (EEA), welcomes MiCA’s framework. However, he noted that the bank is still considering “whether additional regulations are necessary to promote financial stability.”
Watne explained that Norges Bank has “not yet decided” if it will issue a CBDC and is assessing how to “mitigate regulatory gaps related to decentralized finance.”
Supporting MiCA and CBDC implementation
As part of the EEA, Norway closely aligns with EU regulations, including MiCA, which Watne said is “under public review and currently being assessed by the Ministry of Finance.”
According to Watne, Norges Bank considers CBDCs potentially useful for cross-border payments but that “it remains to be seen how a CBDC-based cross-border payment system would look.”
In 2023, the bank participated in “Project Icebreaker,” a trial exploring new architectures for retail CBDC transactions across borders. Watne added:
“We believe that an eventual CBDC will, if issued, will supplement and not replace cash. We also believe that digital currencies will continue to exist in parallel with CBDCs.”
Addressing privacy concerns
According to Watne, Norges Bank has taken a measured stance on privacy concerns related to CBDCs, recognizing that digital payments “will leave digital taxes.”
He emphasized that Norges Bank “is not responsible for monitoring individual payment transactions” and noted that most central banks, including Norges Bank, do not plan to access customer CBDC payment details or account balances.
“Norges Bank’s analyses assume that this will be the path also for Norges Bank. As with other forms of payment, it will be necessary to ensure that relevant rules are complied with, for example anti-money laundering rules.”
Does MiCA pose “systemic” banking risks?
The EU’s MiCA regulation is set to take full effect on Dec. 30 and could introduce “systemic risks” to the banking sector, particularly for stablecoin reserves, according to Tether CEO Paolo Ardoino.
Under MiCA, stablecoin issuers will be required to hold a significant portion of their reserves, at least 60%, in European banks, creating a cause for concern when it comes to loans.
Ardoino explained that, due to banks’ ability to loan up to 90% of their reserves, the risks posed by MiCA regulatory requirements could create significant points of vulnerability for reserves if a bank holding them goes bankrupt.
@ Newshounds News™
Source: CoinTelegraph
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ANALYST: EUROPE IS SECRETLY PREPARING FOR A RENEWED GOLD STANDARD
Jan Nieuwenhuijs, an expert in gold markets, believes he has found evidence that Europe is preparing to adopt a new standard. He states that the recent movements of several Eastern European countries—purchasing or selling gold to reach a determined ratio—are part of the actions leading up to this development.
Analyst: Countries in Europe Equilibrating Gold Reserves to Adopt a Common Standard
Countries in Europe are getting ready to back their currency, at least partially, with gold. Jan Nieuwenhuijs, an expert in the movement of gold markets that follows central bank purchases, has found evidence that this is happening coordinately, even though central banks publicly deny it.
The root of this common understanding would be the 1999 Washington meeting that produced the Central Bank Gold Agreements, in which 15 central banks inked a pact to coordinate their gold sales and maintain a stable metal market.
On this agreement, Nieuwenhuijs stated:
For those paying close attention, it was obviously meant to equalize gold reserves among countries relative to GDP.
To justify his allegations, Nieuwenhuijs reports that the recent purchases from countries like Poland, Hungary, and the Czech Republic were directed to equilibrate their gold reserve to GDP ratio to the ones held by countries in the Eurozone. This is supported by statements made by Poland’s former Minister of Finance Konrad Raczkowski, directly commenting on these numbers.
Raczkowski assessed that Poland should purchase 120 tonnes of gold to reach the ratio maintained by several other countries in the Eurozone, 4% GDP. He declared:
It seems that in the near future, this will be the new gold standard for the entire eurozone. These reserves will have to be adjusted to the size of the economy.
Nonetheless, Nieuwenhuijs reports that, even with all the evidence surrounding these coordinated moves, central banks have continuously denied there is some kind of harmonization behind these exchanges. “Countless Freedom of Information (FOI) requests submitted throughout Europe, directed at central banks and Ministries of Finance, all yielded nil,” he stressed.
However, he has sometimes received negative answers to these petitions, with the Central Bank of Belgium stating that this information was “confidential,” obeying a central bank law that commanded the institution to maintain a “legal obligation of secrecy.”
In August, Nieuwenhuijs alleged that China, which had stopped purchasing gold according to reports, was secretly growing its reserves to take advantage of the price cool-off.
@ Newshounds News™
Source: Bitcoin News
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🌱 FIRST SPACEX STARSHIP LAUNCH SINCE 'CHOPSTICKS' CATCH: HOW TO WATCH | Youtube
@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
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The Trump Bitcoin Vision vs. CBDCs: The Start of a New Currency Revolution
The Trump Bitcoin Vision vs. CBDCs: The Start of a New Currency Revolution
Awake-In-3D November 9, 2024
Why Trump’s Bitcoin vision could reshape U.S. finance and challenge traditional currency systems worldwide.
The Trump Bitcoin Vision could represent a turning point for American financial policy, challenging the global dominance of centralized digital currencies and introducing Bitcoin as a strategic national asset. By promoting a National Strategic Bitcoin Reserve and opposing Central Bank Digital Currencies (CBDCs), Trump’s proposal aims to secure greater economic independence for the U.S. and encourage a new approach to financial sovereignty.
The Trump Bitcoin Vision vs. CBDCs: The Start of a New Currency Revolution
Awake-In-3D November 9, 2024
Why Trump’s Bitcoin vision could reshape U.S. finance and challenge traditional currency systems worldwide.
The Trump Bitcoin Vision could represent a turning point for American financial policy, challenging the global dominance of centralized digital currencies and introducing Bitcoin as a strategic national asset. By promoting a National Strategic Bitcoin Reserve and opposing Central Bank Digital Currencies (CBDCs), Trump’s proposal aims to secure greater economic independence for the U.S. and encourage a new approach to financial sovereignty.
This article discusses how Trump’s stance on Bitcoin over CBDCs might redefine the role of digital assets in America, with potential ripple effects across the global economy.
Understanding the Trump Bitcoin Vision as a Strategic Asset
Trump’s plan would place Bitcoin at the heart of the U.S. economy by establishing a National Strategic Bitcoin Reserve, an unprecedented move for a nation traditionally reliant on fiat currency and precious metals as reserve assets. By backing the nation’s wealth with Bitcoin, Trump aims to reinforce the dollar’s strength while providing a buffer against inflationary pressures.
Historically, strategic reserves in commodities like gold and oil have served to bolster national security and economic stability. In pledging a Bitcoin reserve, Trump is signaling a desire to reframe the U.S. reserve strategy around digital assets, potentially redefining financial security in the 21st century. This proposal raises fundamental questions: Could Bitcoin, as a decentralized asset, bring new stability to the American economy? Would other countries follow the U.S. lead in recognizing cryptocurrency as a strategic reserve asset?
A Departure from CBDCs: Trump’s Promise to Ban Digital Fiat
In tandem with a Bitcoin reserve, Trump’s plan includes a full-scale ban on Central Bank Digital Currencies (CBDCs), a move that reflects his stance against centralized digital assets. CBDCs, digital versions of traditional fiat currencies managed by central banks, are being explored worldwide as a means to modernize monetary policy and control currency in a digital age. However, Trump argues that such currencies centralize control, limit personal financial sovereignty, and ultimately work against individual freedom and decentralized financial principles.
A ban on CBDCs would represent a direct counterpoint to the current global trend. Countries like China, the European Union, and Canada are advancing in CBDC development, hoping these digital currencies will help modernize their economies. However, the Trump Bitcoin Vision signals a fundamentally different approach: one in which digital currency can exist independently of government and bank control, restoring the power of choice and privacy to individuals.
By positioning Bitcoin as the digital currency of choice for Americans—and rejecting the centralized oversight that defines CBDCs—Trump could foster a form of economic freedom that encourages self-sovereignty and independence. This approach could also inspire similar policies in countries wary of centralized digital currencies, potentially weakening the international momentum toward CBDCs and creating new avenues for cryptocurrency adoption.
Implications for Global Currency Reset and Revaluation of Currencies
Trump’s vision, if enacted, catalyzes a Global Currency Reset (GCR) by recalibrating how digital assets are valued relative to fiat currencies. Traditionally, global currency value has been anchored by the U.S. dollar, supported by foreign reserves and global confidence. With the introduction of Bitcoin as a strategic asset, the valuation mechanisms of currencies worldwide could be disrupted, potentially triggering an international revaluation (RV) of fiat and crypto alike.
1. Strengthening U.S. Influence through Bitcoin Reserves: Should the U.S. amass significant Bitcoin reserves, it would likely strengthen its economic position relative to other nations, particularly those that have embraced CBDCs. The U.S. dollar’s role as the global reserve currency may be tested, but Bitcoin could serve as a complementary asset that underpins a new form of financial influence.
2. Global Interest in Cryptocurrencies over Fiat: With the Trump Bitcoin Vision, other countries may face pressure to reevaluate their reserve strategies and consider adding Bitcoin or other cryptocurrencies to their portfolios. Such a shift could destabilize traditional fiat currency reliance, prompting a revaluation across the board as countries reassess the value of their reserves.
3. Challenges for CBDC-Adopting Nations: As the U.S. pivots towards Bitcoin, countries with CBDCs may face unexpected challenges, such as increased interest in decentralized cryptocurrencies by their own citizens. The appeal of self-custodied Bitcoin, which provides independence from banks and central authorities, could draw citizens away from CBDCs, particularly in regions where distrust of government-controlled currencies is already high.
Repercussions for Financial Privacy and Sovereignty
Trump’s anti-CBDC stance is also rooted in a philosophy of financial privacy and personal control. A Bitcoin-centric financial model would empower citizens to store their wealth without intermediary institutions, enabling individuals to “be their own bank.” This approach appeals to the rising demand for financial sovereignty, allowing individuals to protect their assets independently of the financial elite and governmental influence.
The promise of privacy through Bitcoin ownership, free from government oversight, contrasts sharply with CBDCs, which could offer central banks unprecedented access to citizens’ financial behavior. For those concerned with data privacy and government overreach, Bitcoin offers an alternative that balances digital access with personal freedom.
However, this also presents potential challenges. Financial systems without intermediaries—like banks—make enforcement of anti-money laundering (AML) and counter-terroism financing (CTF) regulations difficult. Policymakers would need to strike a delicate balance between maintaining regulatory oversight and preserving the benefits of self-custodied assets.
America’s Path to Bitcoin Leadership
Trump’s proposals go beyond policy rhetoric; they position the U.S. as a potential leader in the global cryptocurrency movement. In supporting domestic Bitcoin mining and removing custodial restrictions, Trump is setting the stage for a flourishing domestic Bitcoin ecosystem. These policies could foster a competitive environment that attracts Bitcoin innovators, miners, and investors, enhancing the U.S. role as a cryptocurrency superpower.
Should Trump’s vision materialize, it could also prompt other nations to emulate aspects of U.S. policy, particularly in areas where individuals seek financial sovereignty and investment freedom. This influence through indirect leadership could redefine America’s influence, offering an alternative to nations and individuals wary of centralized digital assets.
The Bottom Line: Could a Trump Bitcoin Vision Be the Dawn of a New Financial Era?
Trump’s proposed policies mark a striking departure from the current trajectory of digital currency. A National Strategic Bitcoin Reserve and a ban on CBDCs represent a bold experiment in currency sovereignty, one that underscores the shifting dynamics of global financial power and the emerging role of digital assets in wealth preservation.
The potential impact of Trump’s policies could be far-reaching, heralding a new financial era defined by decentralized assets, self-custody, and a revaluation of global currencies. If Bitcoin achieves the prominence Trump envisions, it transforms the U.S. financial landscape and prompts a broader GCR and RV worldwide, altering the way individuals, governments, and institutions view and interact with currency.
In a world increasingly reliant on digital financial systems, the Trump Bitcoin Vision offers an alternative path, one in which individual freedom, asset sovereignty, and decentralized currency form the foundation of a new economic paradigm. Whether this vision will come to fruition remains uncertain, but it undeniably places Bitcoin at the forefront of America’s evolving economic identity, positioning the U.S. as a potential leader in the global shift toward cryptocurrency-backed stability.
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Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
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“Tidbits From TNT” Sunday Morning 11-10-2024
TNT:
Tishwash: Prime Minister's Advisor Announces US Treasury Support Mechanisms for Iraq
Today, Sunday, the Prime Minister's Advisor, Mazhar Mohammed Salih, announced the mechanisms of the US Treasury's support for Iraq since 2003, while he indicated the continuation of consultations with the US Treasury regarding combating money laundering.
Saleh told the Iraqi News Agency (INA): "The cooperation and coordination between Iraq and the US Treasury extends back to the first years since the change of the former regime," indicating that "the Treasury played an important supporting role in supporting the Paris Club Agreement in 2004 concerned with writing off Iraq's debts called pre-1990 debts, and the presence of Treasury representatives in the Paris Club Agreement Secretariat helped ensure the writing off of 80% or more of the former regime's debts."
TNT:
Tishwash: Prime Minister's Advisor Announces US Treasury Support Mechanisms for Iraq
Today, Sunday, the Prime Minister's Advisor, Mazhar Mohammed Salih, announced the mechanisms of the US Treasury's support for Iraq since 2003, while he indicated the continuation of consultations with the US Treasury regarding combating money laundering.
Saleh told the Iraqi News Agency (INA): "The cooperation and coordination between Iraq and the US Treasury extends back to the first years since the change of the former regime," indicating that "the Treasury played an important supporting role in supporting the Paris Club Agreement in 2004 concerned with writing off Iraq's debts called pre-1990 debts, and the presence of Treasury representatives in the Paris Club Agreement Secretariat helped ensure the writing off of 80% or more of the former regime's debts."
“The US Treasury succeeded in supporting infrastructure financing in Iraq through the conference held in the Spanish capital Madrid on October 23-24, 2003. Its primary goal was to mobilize financial support for the reconstruction of Iraq after the US-led invasion in 2003.
Seventy countries and international organizations participated in the conference,” he added, explaining that “the conference was able to collect pledges amounting to about $33 billion, but a large part of these amounts was in the form of loans or technical support, and not all of it was direct financial aid.”
He explained that "the US Treasury contributed to establishing the Iraqi payments system in 2006 through a direct technical agreement with the Central Bank of Iraq to establish a wholesale payments system between the Central Bank on the one hand and the banks and the government in transferring funds and settling them electronically on the other hand, in addition to entering the era of settling bank checks electronically as well, which are matters in financial technology that are being introduced for the first time in our country
Noting that "from the history of the important assistance provided by the Treasury, it has played an important role in replacing the local, fast-forgery edition of the dinar that was issued during the nineties siege in the largest campaign witnessed by Iraq between late 2003 and early 2004 with the international edition of the dinar, according to the highest international technical specifications."
He stressed that "since the signing of the Strategic Framework Agreement in 2008 until today, there have been continuous consultations between representatives of the financial and monetary authorities in our country and the treasury to cooperate in combating money laundering and the proceeds of crime and terrorism in a manner that achieves governance and compliance for our financial and banking system as well as its optimal integration into the global financial and economic climate link
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Tishwash: Al-Sudani and Czech Ambassador discuss developing relations with the European Union and stopping the war in Gaza and Lebanon
Prime Minister Mohammed Shia Al-Sudani discussed with the Czech Ambassador to Iraq, Jan Schneidov, the necessity for the European Union countries to work to pressure towards stopping the war in Gaza and Lebanon, stressing the importance of delivering urgent relief and humanitarian aid.
Al-Sudani's media office stated in a statement received by {Al-Furat News} that "the latter received the new Czech Ambassador to Iraq, Jan Schneidov, where he congratulated him on assuming his duties in Iraq. During the meeting, bilateral relations between the Czech Republic and Iraq were discussed, in addition to ways to develop them in various fields, in a way that achieves common interests."
Al-Sudani stressed the "importance of the European Union countries working to pressure to stop the war on Gaza and Lebanon," stressing the "need to deliver urgent relief and humanitarian aid to limit the serious repercussions caused by the war on the region and the world." link
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Tishwash: Article 140 dispute resolved.. Nineveh announces readiness for census day and refutes fears
Nineveh Governorate, northern Iraq, is preparing to conduct a general population census on November 20 and 21, in the first census to be conducted in the country since 1997 .
The population census issue represents a thorny political issue in Iraq, more than it is an organizational procedure, due to its connection to the election process and the quota system on which the political process in Iraq is based after the American invasion .
The total number of Iraqis living inside the country is estimated at about 43 million people, while the number of Iraqis abroad is more than six million, distributed across about 40 Western and Arab countries .
The Ministry of Planning confirms that the aim of the census is to establish a correct and real database on the population to ensure the fair distribution of resources and financial dues to all governorates, in addition to relying on census data in future development programmes.
The ministry points out that the general population census will not deal with the issue of the sectarian, national and religious affiliation of Iraqis, in a new indication that the citizen will not be asked about his sectarian affiliation, which is considered a positive step in the view of Iraqis who oppose the procedures for establishing sub-identities in Iraq .
Fears in Nineveh
Although the census seeks to achieve development goals, political parties in Nineveh have raised some concerns about including disputed areas and displaced people from the province in the census data for the Kurdistan Region .
In this context, Ahlam Al-Kakai, a member of the House of Representatives for Nineveh Governorate, warned against including villages from Nineveh Governorate in the Kurdistan Region in the population census process that will begin next month .
Al-Kakai told Shafaq News Agency, "Some villages in Al-Hamdaniya district in Nineveh, especially the Kakai and Arab villages, were included in the population census in Dohuk Governorate ."
She pointed out that she had communicated with the local authorities in Nineveh and the Statistics Department in Nineveh to find out the reason for including areas of Nineveh in the region in the census, indicating that these authorities had confirmed that this procedure had come in an organizational and administrative manner in agreement between the Iraqi Ministry of Planning and the Kurdistan Regional Government, and that including areas of Nineveh in the census to the region represents a dangerous step and may pave the way for more dangerous subsequent steps, according to her .
Hosting the wallets
These concerns prompted the provincial council to host Nineveh Governor Abdul Qader Al-Dakhil and Nineveh Statistics Director Nawfal Suleiman to discuss these concerns. Provincial Council member Marwan Al-Taie confirmed the council’s rejection of the deployment of Kurdistan Region statistics teams in the disputed areas within the administrative borders of Nineveh Governorate .
Al-Taie told the agency, "The council hosted the governor of Nineveh to verify the information indicating the deployment of census teams affiliated with Kurdistan in the villages and areas of Nineveh located within the disputed areas that are under the control of the Kurdish forces ."
He added: "The Nineveh Statistics Directorate confirmed that its teams will be deployed in all disputed areas within the administrative borders of Nineveh, and that there is coordination between the Iraqi Ministry of Planning and the Kurdistan Regional Government regarding work in areas under the control of the Peshmerga forces, which are administratively affiliated with Nineveh Governorate ."
Disputed
In contrast, Nineveh Governor Abdul Qadir Al-Dakhil announced that all areas affiliated with Nineveh Governorate, according to the administrative borders that were adopted before April 2003, will be included in the census and within the data specific to Nineveh Governorate, and not within the data of the Kurdistan Region .
Al-Dakhil told Shafaq News Agency, "Nineveh has obtained the first place in Iraq in conducting the experimental population census," stressing the readiness of the census teams to complete the national census mission on the twentieth and twenty-first of this month. He pointed out that there will be a holiday and a curfew on the census days, calling on the people to cooperate with the census teams in order to accomplish development matters in the governorate and all of Iraq .
Al-Dakhil stressed that Nineveh has been subjected to great injustice and oppression throughout the past years due to the failure to conduct a population census, indicating that the official data of the Iraqi state has proven the population of Nineveh to be less than 3 million people, while the real number may exceed five million, indicating that this has had a negative impact on Nineveh and its budgets from the federal government .
Regarding the disputed areas, Al-Dakhil confirmed that there is joint coordination between the Iraqi government and the Kurdistan Regional Government to conduct a population census in the disputed areas in Nineveh Governorate .
He stated that "all the inventory, numbering and census operations that are taking place in the disputed areas will be recorded in the data of Nineveh Governorate," indicating that those areas will include all the lands within the administrative borders of Nineveh before April 2003 .
Displaced people from Sinjar
Regarding the displaced people from Nineveh, especially the Yazidi component displaced from Sinjar district to the Kurdistan Region, Al-Dakhil confirmed that the population census process will prove their residence within their original areas and not in the areas to which they were displaced. He pointed out that the displaced people’s form for the census will include a box about the original place of residence to confirm the areas of the displaced people, especially from Sinjar .
Joint coordination
However, the Nineveh Council member for the Kurdistan Democratic Party, Ahmed Al-Kiki, confirmed that the census work in the disputed areas is being carried out in coordination between the Iraqi government and the Kurdistan Region, while he explained that the statements of some officials, representatives and members in Nineveh reflect their lack of knowledge of the cooperation taking place between Baghdad and Erbil in this regard .
Al-Kiki told the agency, "There is great coordination between the Federal Statistics and Geographic Information Systems Authority and the Statistics Authority in the Kurdistan Region, to discuss the joint preparations underway to implement the general population and housing census scheduled to be conducted on the twentieth of this November ."
Al-Kiki added: "The purpose of the census is clear to everyone, which is to draw a clear picture of the reality of the situation in order to develop plans, policies and economic and investment strategies to advance the reality of development and improve the level of services provided to citizens." He pointed out that the talk of some members of the Nineveh Provincial Council are ill-considered statements that have no connection to the reality that reflects the strength and solidity of the great cooperation between the central and regional governments .
Ready to set up
Regarding the preparations for the census process, the Director of Nineveh Statistics, Nawfal Suleiman, announced the readiness of the statistics teams in the governorate to conduct the general population census process on November 20 and 21 .
Suleiman said in a statement to Shafaq News Agency: "His department was able, in a short period of time, to prepare approximately 11 thousand people to participate in the national census campaign in Nineveh," adding that "the census teams have completed 97 percent of the enumeration and numbering work, and it is scheduled to complete the enumeration and numbering of buildings within the next two days in the remaining areas located in the Hatra district."
He concluded by saying: "900,000 buildings were counted and numbered in Nineveh, while 1.1 million were counted in Baghdad and 600,000 in Basra. This is evidence that Nineveh is still ahead of many governorates in population." link
Mot.. Happy Veterans Day
Mot: ..... but - it Did!!!
More News, Rumors and Opinions Saturday PM 11-9-2024
TNT:
Tishwash: An agreement between (Hisabi) and (TBI) to open two new branches and install dozens of ATMs in Kurdistan
The Hesabi team and the Trade Bank of Iraq (TBI) have reached an agreement to speed up employee registration and card distribution procedures, as well as install ATMs across the Kurdistan Region to facilitate cash withdrawals.
Today, Thursday, November 7, 2024, the Trade Bank of Iraq (TBI) and the (Hisabi) team held their first meeting, where they agreed to expand the bank’s services to the employees of the Kurdistan Region, similar to other banks participating in the (Hisabi) project.
TNT:
Tishwash: An agreement between (Hisabi) and (TBI) to open two new branches and install dozens of ATMs in Kurdistan
The Hesabi team and the Trade Bank of Iraq (TBI) have reached an agreement to speed up employee registration and card distribution procedures, as well as install ATMs across the Kurdistan Region to facilitate cash withdrawals.
Today, Thursday, November 7, 2024, the Trade Bank of Iraq (TBI) and the (Hisabi) team held their first meeting, where they agreed to expand the bank’s services to the employees of the Kurdistan Region, similar to other banks participating in the (Hisabi) project.
The agreed services include the opening of two new branches of the Trade Bank of Iraq in Erbil and Sulaymaniyah governorates, in addition to installing dozens of ATMs within “Hisabi” booths throughout the Kurdistan Region, with plans to distribute more than 10,000 (TBI) cards to employees.
The number of employees registered in the “My Account” project has so far reached about 700,000 employees, who will benefit from all financial and banking services provided by the eight banks participating in the project, including facilities for employees and salary recipients.
On Sunday, November 3, 2024, the Trade Bank of Iraq (TBI) announced the signing of a contract with the (Hisabi) project to localize the salaries of employees of the Kurdistan Region.
The bank explained in a statement that "this signing comes in line with the decisions of the Federal Supreme Court, and based on the directives of Prime Minister Mohammed Shia al-Sudani, regarding the necessity of the Iraqi Trade Bank's participation in the process of localizing the salaries of employees of the Kurdistan Region."
Below are some of the services provided by the (My Account) banking project:
1- You can access hundreds of ATMs and withdraw all the user's money at once and for free.
2- The devices are available for use 24 hours a day, 7 days a week, allowing employees to withdraw their money at any time they see fit.
3- A variety of different bank loans and advances can be obtained.
4- Direct debit cards can be used to make purchases online and through card readers known as (PoS).
5- The system allows safe and reliable money transfers inside and outside the country.
6- You can access the bank’s mobile application to follow up on your account movements, and receive notifications on your phone when salaries arrive. link
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:Alaq is on television calling for the price of oil in the budget to be adjusted to $40. It's currently at $70. The only reason we see this happening is Alaq knows there is going to be a rate change... FRANK: That's right, because of a new exchange rate that is coming and because of the oil that will be used in 2025 with the new exchange rate.
Mnt Goat My...CBI...contact...told me there is a planned meeting next week with the director Al Al-Alaq to review the status of the committee work and plan out the next phase of the project to delete the zeros. I was told that the CBI will no longer be supporting the currency auctions come the end of the year...she told me they are now working on many more foreign banks besides the already arranged four (4) U.S. banks that are going to also come into process of supporting the international conversion of dinar to dollars on payment of imports to Iraq. Why would these other banks want to exchange dinars if they were not going to be worth something and globally traded? ...This news was VERY good news for all of us. It tells us there is going be some huge change in policy of currency exchange for international trade with Iraq.
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KTFA:
Clare: Al-Sudani and Trump agree to coordinate to stop regional wars and meet soon
11/9/2024
Prime Minister Mohammed Shia Al-Sudani made a phone call today, Friday, with US President-elect Donald Trump, in which he expressed his congratulations to the President and the American people on the occasion of winning the elections, and the great confidence that the American people have given him.
The two sides also stressed, according to a statement by the Prime Minister's Office, a copy of which was received by {Euphrates News}: "The desire to proceed with the strategic partnership between the two countries, and to strengthen bilateral relations in ways that go beyond the security aspect, through close cooperation in the fields of economy, finance, energy, and technology."
The Prime Minister pointed out that he was "aware of Trump's words and promises during the election campaign, which included his commitment to ending wars in the region, and the two sides agreed to coordinate together to achieve this."
For his part, the US President-elect expressed his desire to work positively with the Prime Minister, and to meet soon to discuss expanding relations between Iraq and the United States of America, and to work on these common files. LINK
OUT OF CONTROL Bond Yields WILL Trigger Economic CHAOS! - Peter Schiff
Financial Wisdom: 11-9-2024
In his latest interview, Peter Schiff warns that the U.S. economy is on the brink of a major crisis due to soaring national debt, large budget deficits, and rising interest rates. He emphasizes that inflation is already a significant issue and that political promises to reduce spending are unlikely to materialize.
Schiff suggests that the U.S. dollar will weaken as the government resorts to tax cuts and quantitative easing, making assets like gold and silver more attractive for investors. -----
Seeds of Wisdom RV and Economic Updates Saturday Afternoon 11-9-24
Good Afternoon Dinar Recaps,
TETHER COMPLETES FIRST MIDDLE EAST CRUDE OIL TRANSACTION
Tether has finalized its first funding transaction in a Middle East crude oil investment, expanding the crypto company’s ventures beyond its flagship digital assets product.
The investment involves a major publicly traded oil company and a leading commodity trader, aiming to facilitate the loading and transportation of over 670,000 barrels of crude oil.
According to the announcement on Nov. 8, the Tether stablecoin issuer’s investment arm completed the transaction in October 2024. The total value of the Middle Eastern crude oil is approximately $45 million, marking Tether’s initial entry into the crude oil business in the region.
Good Afternoon Dinar Recaps,
TETHER COMPLETES FIRST MIDDLE EAST CRUDE OIL TRANSACTION
Tether has finalized its first funding transaction in a Middle East crude oil investment, expanding the crypto company’s ventures beyond its flagship digital assets product.
The investment involves a major publicly traded oil company and a leading commodity trader, aiming to facilitate the loading and transportation of over 670,000 barrels of crude oil.
According to the announcement on Nov. 8, the Tether stablecoin issuer’s investment arm completed the transaction in October 2024. The total value of the Middle Eastern crude oil is approximately $45 million, marking Tether’s initial entry into the crude oil business in the region.
It also highlights the crypto company’s growing traction in commodities trading across the world.
“This transaction marks the beginning, as we look to support a broader range of commodities and industries, fostering greater inclusivity and innovation in global finance,” said Paolo Ardoino, chief executive officer of Tether.
Tether’s Trade Finance unit, which launched earlier this year, has experienced significant growth as the company targets opportunities in the $10 trillion trade finance market.
Notably, while this new venture is part of Tether Investments’ broader portfolio, it is not connected to the platform’s USDT stablecoin reserves.
Tether stated that this investment is part of its expansion strategy, which also includes involvement in artificial intelligence, education, renewable energy, Bitcoin mining, and telecommunications.
The company recently revealed it hit $7.7 billion in nine-month profits for 2024, with the third quarter attestation report also highlighting over $102 billion in U.S. Treasury holdings.
While the USDT circulation reached nearly $120 billion in the quarter, Tether said it held over $6 billion in extra reserves.
@ Newshounds News™
Source: Crypto News
~~~~~~~~~
AUSTRALIA TO TRIAL WHOLESALE CBDC FOR ASSET TOKENIZATION IN 2025. INVITES PARTICIPANTS
The Reserve Bank of Australia (RBA) has launched a consultation on wholesale CBDC and asset tokenization with the Digital Finance Cooperative Research Centre (DFCRC), with a deadline for responses of December 11.
It is inviting industry members to provide feedback and take part in trials for wholesale tokenization use cases in 2025 as part of Project Acacia. They may also want to join the industry advisory group.
Apart from a wholesale CBDC, Project Acacia will explore the use of private forms of digital money, including tokenized deposits.
Previous RBA and DFCRC CBDC experiments covered both wholesale and retail CBDC where the CBDC was issued on a central bank controlled infrastructure. In the latest trials, the central bank will consider issuing a pilot wCBDC onto third party blockchain networks, in a similar manner to Switzerland’s Project Helvetia.
RBA assistant Governor Brad Jones said the aim is to “examine how innovation in wholesale markets could be enabled by new forms of digital money and supporting infrastructure.
The role that tokenised asset markets could play in improving the efficiency and resilience of wholesale payments and settlements, and in enhancing cross-border payments, are areas of particular interest.”
However, the current phase of Project Acacia will focus on domestic wholesale settlement.
Settlement options with digital money
The two organizations have already completed the first phase of Project Acacia, which involved desktop research regarding different settlement options.
It considered five different forms of settlement assets, including:
▪️existing central bank money (Exchange Settlement Accounts or ESAs)
▪️wholesale CBDC (wCBDC)
▪️deposit tokens
▪️reserve-backed digital currency (RBDC)
▪️fiat-backed stablecoins.
Deposit tokens are tokenized versions of commercial bank money. RBDC is tokenized money backed by a pooled or omnibus central bank account (similar to Fnality).
A key feature of tokenized deposits is they involve two steps because the seller (recipient) may not bank at the same bank as the buyer (payer). Hence, there’s a transfer of the bank token from buyer to seller and then the two banks need to settle up with each other. The RBA referred to this settling up process as the interchange mechanism.
Hence, in reviewing settlement options it considered whether the settlement asset is on the same platform or not, the different types of settlement assets, and the interchange mechanism. If the settlement asset is on a separate platform there’s a need for synchronization to ensure the transaction status on the tokenized money DLT matches the tokenized asset platform.
This synchronization without a wCBDC is similar to the European Central Bank wholesale DLT experiments with Germany’s Trigger solution and Italy’s TIPS Hashlink offering. The RBA gave the nod to the Bank of England’s ‘synchronisation’ capability as part of its RTGS renewal program.
Five potential settlement models were selected from the research, involving tokenized deposits and / or wCBDC. Stablecoins are not included. There is no intention to select just one model, because the RBA and DFCRC believe different models will be suitable for different markets.
Digital currency and wCBDC trade offs
The research highlighted some of the tradeoffs with different models. For example, if a wCBDC is issued onto a third party platform, it can support atomic settlement and composability, which could offer economic benefits such as efficiencies, risk reduction and new business models.
However, that would require the central bank to change its role to just being the issuer, reducing its ability to manage and monitor balances.
Alternatively, using existing central bank reserves for settlement would involve more incremental changes for both the central bank and market participants. However, it would forego some of the economic benefits of atomic settlement and composability. The central bank is keen to understand these tradeoffs in greater detail.
Meanwhile, Project Acacia will also involve three other agencies, the Australian Securities and Investments Commission (ASIC), the Australian Prudential Regulation Authority (APRA) and the Treasury. The project may trigger potential regulatory changes which could be tests as part of ASIC’s sandbox framework.
@ Newshounds News™
Source: Ledger Insights
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🌱WHAT DO THE NEW CHANGES MEAN? DID YA CATCH THE INTEL? EXCITING GOOD FACTS. | Youtube
Did you miss the Live Constitution call last night with Mason and Jim? Here is the Replay with many questions and comments from our members. Listen and share.
@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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“Tidbits From TNT” Saturday 11-9-2024
TNT:
Tishwash: Finance: Next week, applications for purchasing government bonds will end
The Public Debt Department of the Ministry of Finance announced that the application period for purchasing government achievement bonds (third issue) is approaching the end of the official working day on Wednesday, 11/13/2024.
The department called on citizens, businessmen and companies to seize this investment opportunity with rewarding returns link
TNT:
Tishwash: Finance: Next week, applications for purchasing government bonds will end
The Public Debt Department of the Ministry of Finance announced that the application period for purchasing government achievement bonds (third issue) is approaching the end of the official working day on Wednesday, 11/13/2024.
The department called on citizens, businessmen and companies to seize this investment opportunity with rewarding returns link
Tishwash: Halal” shares without interest start at $100.. The first company to enter Mosul (video)
And receive profits via Zain Cash and FIB
Cultural Group (Mosul)
“Planet of Profit” company manager Harem Ribwar says that it is the first officially registered company to enter Mosul and provide training services for those wishing to trade stocks on global stock exchanges, in addition to providing brokerage services. Ribwar talks about two types of subscriptions, the first starting at $100 for beginners, and the second at $50,000 for professionals, with “completely Islamic and interest-free” services.
The company opened its branch in Mosul in the Cultural Group area on the left side, and works on mediation between the investor and the stock exchange. Today, it has 5 other branches in Kirkuk, Diyala, Erbil, Dohuk, and Sulaymaniyah before opening the sixth branch in Nineveh, while it plans to reach Baghdad and Basra.
Harem Ribwar - Director of Kawkab Al-Rabh Company in Iraq:
Our company is a broker in the financial markets and is licensed by the Central Bank of Iraq and the Ministry of Trade, where it works as a shareholder with the global company ax finanials limited, registered in Wales.
Our main business is to mediate between clients or investors and global markets, we are the first company to bring electronic trading technology to Iraq, and one of our goals in the country is to change investment to a new and correct path.
We are the first official company to enter Nineveh, and we want to contribute to rebuilding Umm Al-Rabi’een and contribute to employing workers.
We have an academy for teaching trading, and we will hold workshops and training in this field for those who wish, and we will bring the best trainers in the field of trading in the financial markets.
We have a “standard” deposit of at least $100, and a “premium” deposit of at least $50,000. All our accounts are Islamic, meaning they are free of interest, and we take the commission from the bank, not the investor.
We established the company last April and opened the first branch in Kirkuk, the second branch in Erbil, then Diyala and Dohuk, and soon in Najaf, Basra, and Baghdad.
The Nineveh branch staff consists of 10 people with scientific specializations, graduates of management and economics, and software engineers. We grant agencies to our employees or investors, through which they can bring customers and take their commission on each customer, which is 50% of the profits.
We have deposits and withdrawals, which are done at our branches, and delivery and receipt are done through Zain Cash and the Iraqi Digital Bank FIB. link
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Prime Minister: We adhered to the goal of completing the Greater Faw as the gateway to greater Iraq
Prime Minister Mohammed Shia Al-Sudani sponsored, today, Thursday, the ceremony of receiving the five berths of the Grand Faw Port in Basra Governorate, and their entry into actual operation, after they were completed by the implementing Korean company.
Al-Sudani stressed in a statement issued by his media office that the five docks represent the backbone of the Faw Port, while pointing out that the development road will be an artery linking most of the countries in the region.
He explained that “this project has actually entered into the knots and paths of global trade and transport routes, which pass through the Middle East region, which has great strategic importance for global trade. It is considered the most prominent water basin in the world, where energy, trade, communication and exchange activities are concentrated in all their forms. It will also contribute to transforming Iraq from a country in need of other people’s ports, into a maritime country with a complete view of the Gulf.”
He added that “development and economic transformation are an integrated approach that meets the country’s needs and the vital economic levers it lacks for Iraq to connect with international trade,” noting that “Iraq was and still is a fundamental pillar in the global economy and a historical part and passage of the most important international exchange routes,” noting that “the development path will link, starting from the Grand Faw Port, the economies of most countries in the region and will be an outlet for achieving economic integration.”
He added that "the Council of Ministers supported the Ministry of Transport's procedures to rehabilitate railways on the development road tracks, or those that serve the road within a plan connected in its links," indicating that "new railway projects were included in the investment plan and financial allocations were allocated for them."
He said, “We adhered to the goal of completing the project, as it is a gateway to Iraq’s largest project, the path to development, and the main nerve in the government’s vision to maximize non-oil revenues, along with the industrial cities that will be established alongside the two projects.”
Al-Sudani added, “The General Company for Iraqi Ports has made significant progress in drawing up the correct policy for managing the Grand Faw Port, in addition to introducing major operators in the world, and the most appropriate and attractive economic model for trade exchange will be chosen.” link
Mot: . LOL -- Me too!!!
Mot: ....... This is not going to end well.
Seeds of Wisdom RV and Economic Updates Saturday Morning 11-9-24
Good Morning Dinar Recaps,
SWISS BANK UBS TESTS BLOCKCHAIN FOR CROSS-BORDER PAYMENTS WITH DIGITAL CASH
UBS has successfully piloted its blockchain-based payment system to enhance the efficiency of cross-border transactions.
Multinational investment giant UBS has completed a pilot of its blockchain-based payment system dubbed “UBS Digital Cash,” aimed at improving the efficiency of cross-border transactions.
Good Morning Dinar Recaps,
SWISS BANK UBS TESTS BLOCKCHAIN FOR CROSS-BORDER PAYMENTS WITH DIGITAL CASH
UBS has successfully piloted its blockchain-based payment system to enhance the efficiency of cross-border transactions.
Multinational investment giant UBS has completed a pilot of its blockchain-based payment system dubbed “UBS Digital Cash,” aimed at improving the efficiency of cross-border transactions.
In a Nov. 7 press release, the Zurich-headquartered bank said the trial, which involved multinational clients and banks, included both domestic payments within Switzerland and cross-border transactions in U.S. dollars, Swiss francs, euros, and Chinese yuan.
The system uses a private blockchain network called “UBD Digital Cash,” accessible only to permissioned clients, with transactions settled through smart contracts that automatically execute once predefined conditions are met.
“Blockchain-based payment solutions for cross-border payments are a strategic focus for UBS.” ~ Andy Kollegger, head of UBS Institutional & Multinational Banking
Commenting on the milestone, Xiaonan Zou, UBS head digital assets says the bank considers the interoperability between UBS Digital Cash and other digital cash initiatives as “key for the financial industry.”
The latest initiative complements UBS’s involvement in a wide range of market initiatives, the bank says, referring to the Swiss National Bank-led project Helvetia for real wholesale Swiss franc Central Bank Digital Currency, as well as the Agorá project, led by the Bank for International Settlements.
The pilot comes shortly after UBS launched its first tokenized investment fund on Ethereum, the UBS USD Money Market Investment Fund Token, targeted at authorized distribution partners in Singapore.
@ Newshounds News™
Source: Crypto News
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XRP NEWS TODAY: RIPPLE PLANS DIRHAM-BACKED STABLECOIN LAUNCH IN UAE
▪️Ripple’s Dirham-Backed Stablecoin: Ripple plans a UAE launch, benefiting from clear regulations.
▪️RLUSD Speculation: Ripple’s potential US dollar-backed stablecoin stirs interest.
▪️XRP Price Stability: XRP remains steady amid stablecoin developments.
Ripple is generating buzz about a possible Dirham-backed stablecoin launch in the UAE, coinciding with discussions around its upcoming RLUSD. The firm recently praised the UAE’s progressive digital asset regulatory framework, which encourages blockchain innovation and stablecoin integration.
Ripple has maintained a strong presence in the Middle East, with notable partnerships such as the National Bank of Abu Dhabi’s adoption of its payment solutions.
With the UAE’s regulatory clarity, a Dirham-backed stablecoin would align with Ripple’s goal to support secure and efficient digital transactions.
By tapping the UAE market for its stablecoin Ripple is surely making a big affair in the crypto business.
Clear Regulations Fuel UAE’s Blockchain Ambitions
The UAE Central Bank has introduced a solid regulatory framework that supports stablecoin use in virtual asset transactions, including Dirham-backed coins.
Ripple has pointed out that this clarity positions the UAE as a leader in digital finance, creating an environment conducive to stablecoin adoption. For businesses in the UAE, a Dirham-backed stablecoin could provide a faster, more cost-effective solution for cross-border payments, making it an attractive option for financial institutions.
RLUSD and US Dollar Speculation: What’s Next for Ripple?
In the U.S., attention is now on Ripple’s potential release of the US dollar-backed stablecoin, RLUSD. Speculation is growing, especially with the possibility of Donald Trump winning the 2024 presidential election. A Trump presidency could bring clearer regulations, potentially accelerating the launch of RLUSD.
Recently, Ripple moved 294,000 RLUSD tokens, fueling curiosity about the timing of the release. CEO Brad Garlinghouse and industry experts are optimistic about RLUSD, seeing it as a key driver for cross-border payments and digital banking.
@ Newshounds News™
Read more: CoinPedia
~~~~~~~~~
🌱THIS IS HUGE! BIG NEWS IN THE FOOD WORLD AND FOR HOMESTEADERS THAT GROW FOOD! | Youtube
@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
~~~~~~~~~
🌱WHAT DO THE NEW CHANGES MEAN? DID YA CATCH THE INTEL? EXCITING GOOD FACTS. | Youtube
Did you miss the Live Constitution call last night with Mason and Jim? Here is the Replay with many questions and comments from our members. Listen and share.
@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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News, Rumors and Opinions Saturday AM 11-9-2024
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 Sat. 9 Nov. 2024
Compiled Sat. 9 Nov. 2024 12:01 am EST by Judy Byington
Fri. 8 Nov. EBS: The Moment We’ve Been Waiting For. …The 17th Letter (JFK Jr.) 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. GESARA/NESARA activated.
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 Sat. 9 Nov. 2024
Compiled Sat. 9 Nov. 2024 12:01 am EST by Judy Byington
Fri. 8 Nov. EBS: The Moment We’ve Been Waiting For. …The 17th Letter (JFK Jr.) 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. GESARA/NESARA activated.
Global Currency Reset:
Fri. 8 Nov. 2024 Wolverine: “People write and ask questions like is this a scam? No. It’s not. I’ve seen the Whales contracts. I know a billionaire who’s the biggest Paymaster in the World and has his own law firm. He wouldn’t be fooling around with this if it weren’t true. Everyone’s saying that by Tues.12 Nov. we should have a shotgun start. Everything is going at once. The bankers had a meeting and said that Zurich has already started. The codes were locked in a couple of days ago. Remember Tues. 12 Nov. is when we expect things to roll.”
Thurs. 7 Nov. 2024 Bruce: Tier4b (us, the Internet Group) should receive notification to set appointments over the weekend. Exchanges should start on Tues. 12 Nov.
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. Rates are EXTREMELY high.
Fri. 8 Nov. 2024: MILITARY INTEL! Global Strategic Impact: Starlink’s Military Applications, RVs &GESARA, and the Quantum Financial System – amg-news.com – American Media Group
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Thurs. 7 Nov. 2024: Federal Reserve Chairman Jerome Powell says he is REFUSING to resign if Trump asks him to. Ok, tough guy…You don’t have to leave, but Trump will just SHUT DOWN THE FED on day one and you will be without a job. How about that?! …The Patriot Voice on Telegram
First off, the Federal Reserve IS NOT A US GOVERNMENT AGENCY. It is a FOREIGN Central Bank that was installed without concern of the American people as a way to siphon any REAL WEALTH (Gold) into the hands of offshore Globalists. They wanted to keep us in perpetual debt slavery FOREVER.
They are actually operating UNCONSTITUTIONALLY on US soil since their inception in 1913 when Wilson passed the act after it was written in secrecy on Jekyll Island along with the IRS which is the enforcement arm of the Fed.
BOTH NEED TO BE ABOLISHED so that America can return to REAL PROSPERITY.
Read full post here: https://dinarchronicles.com/2024/11/09/restored-republic-via-a-gcr-update-as-of-november-9-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq is on television calling for the price of oil in the budget to be adjusted to $40. It's currently at $70. The only reason we see this happening is Alaq knows there is going to be a rate change... FRANK: That's right, because of a new exchange rate that is coming and because of the oil that will be used in 2025 with the new exchange rate.
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.
LIVE! (BEWARE).THE CURRENT LIQUIDITY CRISIS WILL GET MUCH WORSE FROM HERE WITH NO WAY OUT.
Greg Mannarino: 11-8-2024
Goldman Sends Warning: "Collapse Is Coming" Prepare For Huge Market Crash Sell Off
Atlantis Report: 11-7-2024
The recent warning issued by Goldman Sachs about a potential market crash has sent shockwaves through Wall Street and global markets.
Goldman Sachs's analysts have sounded the alarm, urging investors to brace for a massive sell-off that could decimate portfolios and erode trillions in market capitalization.
The warning from Goldman Sachs carries significant weight, as the firm is renowned for its market-moving predictions and unparalleled insights into the intricacies of the global financial landscape. With a reputation for being at the forefront of economic analysis, Goldman's alarming forecast has left investors scrambling to prepare for the potential fallout.
Today, we will analyze Goldman's warnings and the potential consequences of a market collapse.
IRS Tax Code Updates 2024/25 What You Need to Know!
IRS Tax Code Updates 2024/25 What You Need to Know!
Edu Matrix: 11-8-2024
IRS Tax Code Updates 2024 25 What You Need to Know -The IRS announced over 60 major tax changes 2025 that could impact your tax savings and expenses!
From higher standard deductions and adjusted tax brackets to increased health and commuter benefits, these updates are designed to help American taxpayers manage inflation and ease financial strain.
In this video, we’ll break down the most significant changes you need to know, including updates to the standard deduction, Alternative Minimum Tax (AMT), earned income tax credit, estate tax, and more.
IRS Tax Code Updates 2024/25 What You Need to Know!
Edu Matrix: 11-8-2024
IRS Tax Code Updates 2024 25 What You Need to Know -The IRS announced over 60 major tax changes 2025 that could impact your tax savings and expenses!
From higher standard deductions and adjusted tax brackets to increased health and commuter benefits, these updates are designed to help American taxpayers manage inflation and ease financial strain.
In this video, we’ll break down the most significant changes you need to know, including updates to the standard deduction, Alternative Minimum Tax (AMT), earned income tax credit, estate tax, and more.
We’ll also cover key benefits for commuters, parents, and Americans working abroad. Whether you're a middle-income earner, high net-worth individual, or someone looking to save more in health and transportation costs, these changes could make a real difference to your finances in 2025.
Be sure to consult a tax professional for personalized advice, as these updates are set to take effect in 2025. Understanding these new rules can help you optimize your tax strategy and maximize your potential savings.