News, Rumors and Opinions Thursday AM 5-15-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 14 May 2025
Compiled Wed. 14 May 2025 12:01 am EST by Judy Byington
Tues. 13 May 2025 SNOWDEN ALERT: GLOBAL RESET HAS BEGUN — QFS ACTIVATED …Edward Snowden on Telegram
The Quantum Financial System is (allegedly) already online. Once the blackout flips, it will override all corrupt central bank networks. Biometric encryption will secure your assets, identity, and data. No more hacks. No more theft. No more manipulation. Fraud-proof. Immutable. Final.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 14 May 2025
Compiled Wed. 14 May 2025 12:01 am EST by Judy Byington
Tues. 13 May 2025 SNOWDEN ALERT: GLOBAL RESET HAS BEGUN — QFS ACTIVATED …Edward Snowden on Telegram
The Quantum Financial System is (allegedly) already online. Once the blackout flips, it will override all corrupt central bank networks. Biometric encryption will secure your assets, identity, and data. No more hacks. No more theft. No more manipulation. Fraud-proof. Immutable. Final.
Tues. 13 May 2025: BREAKING: $258 BILLION SURPLUS SHATTERS THE GLOBALIST ECONOMY — GESARA IS NOW ACTIVE …QFS on Telegram
May 13, 2025 — The U.S. Treasury just dropped a financial bomb: $258.4 billion surplus and inflation down to 2.3% — the lowest since 2021. But this isn’t just recovery. It’s the (allegedly) start of the GESARA economic reset. Trump’s tariffs have triggered a collapse in the Deepstate’s financial network — and the regime knows it.
Grocery prices just fell for the first time in five years. Gas is down three months in a row. Inflation crushed three months in a row. These aren’t accidents — they’re precision strikes against the globalist system. The same system that used inflation, fake wars, and digital slavery to crush you into debt. Trump laid the trap — and now, it’s snapping shut.
THE SURPLUS THEY CAN’T HIDE: That $258.4B surplus? It flipped from a $160.5B deficit in just 30 days. A $418.9 billion swing -But it’s not a miracle. It’s Trump’s resurrected tariff strategy, bleeding the globalist syndicates dry — China, the EU, and WEF-linked entities forced to pay into America’s sovereign vaults.
This isn’t about trade. It’s about financial warfare, and the data proves it. Trump’s 2021 $308B surplus was buried after the election — but this time, it’s too big to hide. The economy is realigning under quantum protocols, and the Deepstate has lost control of the numbers.
THE QFS IS ALIVE — GESARA HAS BEGUN: Sources confirm: the Quantum Financial System is (allegedly)running quietly in the background. Gold-backed tariffs are (allegedly)now feeding sovereign accounts. IRS data pipelines are (allegedly)blocked. Treasury insiders are working with Space Force and the Alliance to roll out Quantum Access Cards tied to biometric security.
Redemption centers are (allegedly)active. Debt forgiveness phases are being prepped. NDA teams are mobilizing. The EBS countdown has started.
What’s coming next is not another economic cycle — it’s the total dismantling of fiat control. The fake economy has cracked. The gold vaults are open. The debt matrix is reversing. This isn’t speculation. It’s GESARA in motion.
THE FINAL PHASE IS HERE: This was the financial storm. The next wave is communication: the EBS, GESARA disclosure, and the collapse of digital fiat tyranny. The dollar isn’t dying — it’s being reborn under gold. The Republic isn’t falling — it’s being restored.
Trump never left. He’s leading the economic takedown from within. Get ready. The end of their system is the beginning of ours.
~~~~~~~~~~~~~~
Global Currency Reset:
Tues. 13 May 2025 Bruce:
On Tues. 13 May Redemption Center leaders were in a six hour training.
Redemption Centers were expecting an email on Tues. 13 or Wed. morning that told them when notifications would come out and when Zim is to be redeemed.
Tier4b (us, the Internet Group) Notifications to set exchange appointments were expected on Wed. 14 May and begin appointments on Thurs. 14 May 2025.
In the US British Admiralty Law was no more as of Tues. 13 May. Common Law would be in effect on Wed. 14 May 2025.
Tues. 13 May 2025: Rumor was that not only were the higher tiers exchanging in Reno, but Tier4A contacts were coming out of the woodwork—people who’ve never spoken up before—now telling us they’re about to be paid or have an appointment scheduled. This is more than “hearsay,” there is an obvious uptick in 4a appointments.
Tues. 13 May 2025 Vietnam Trade Reset Begins: (1) Francis Hadlocon on X: “LACH HUYEN EXPANSION GOES LIVE — VIETNAM’S TRADE RESET BEGINS – Hai Phong | Terminals 3 & 4 inaugurated May 13 – Green Port + Smart Port – 212M tonnes cargo projected for 2025 (from 190M in 2024) — FINANCIAL RESET LOADING Direct exports to US & EU (no https://t.co/6NGlpAKYId” / X
Tues. 13 May 2025: $4,000 Boost For Social Security Recipients | BIG Change | Prophecy | Before It’s News
Tues. 13 May 2025: It’s Happening: Trump Dismantles IRS as Millions on Social Security Shocked by What’s Next! 2025 | Prophecy | Before It’s News
Read full post here: https://dinarchronicles.com/2025/05/14/restored-republic-via-a-gcr-update-as-of-may-14-2025/
Courtesy of Dinar Guru: https://www.dinarguru.com/
MarkZ [via PDK] We have 47 entrepreneurs and business leaders participating in the select USA investment summit right now. There are a lot of Iraqi business people here in the US. They are cutting deals and building partnerships between the two nations for opportunities, manufacturing and tourism. This is international and prosperity. If they are going to be international, they need a truly international currency.
Militia Man The country of Iraq is talking about global output...You'll be surprised how impactful that's going to be in the country of Iraq because they're going to take advantage of inputs and outputs. They're filthy rich with natural resources. They told us the other day what? 16 trillion in just two rare earths. 16 trillion! That's not including oil, gas, tourism, any of that...The currency is at what?!?!
************
FRANK26….5-14-25….ALOHA
KTFA:
Iraq Economic News And Points To Ponder Wednesday Evening 5-14-25
Iraq Welcomes Trump's Visit To Saudi Arabia And Considers The Riyadh And Baghdad Summits Complementary
Money and Business Economy News – Baghdad Foreign Minister Fuad Hussein affirmed on Wednesday that Iraq welcomes US President Donald Trump's visit to Saudi Arabia. While announcing that Iraq will chair three Arab summits, he noted "tremendous" efforts to organize the Baghdad Development Summit.
"We are pleased with Trump's visit to the region and the understandings reached, and we are also pleased with the lifting of sanctions on the Syrian people," Hussein said during a press conference monitored by Al-Eqtisad News.
Iraq Welcomes Trump's Visit To Saudi Arabia And Considers The Riyadh And Baghdad Summits Complementary
Money and Business Economy News – Baghdad Foreign Minister Fuad Hussein affirmed on Wednesday that Iraq welcomes US President Donald Trump's visit to Saudi Arabia. While announcing that Iraq will chair three Arab summits, he noted "tremendous" efforts to organize the Baghdad Development Summit.
"We are pleased with Trump's visit to the region and the understandings reached, and we are also pleased with the lifting of sanctions on the Syrian people," Hussein said during a press conference monitored by Al-Eqtisad News.
Regarding the Baghdad Development Summit, Hussein explained, "Today we will highlight the tremendous work undertaken by the Higher Committee charged with preparing for the Arab Summit, with the participation of numerous Iraqi government departments."
He added, "The participation of leaders and officials in these exceptional circumstances the region is experiencing demonstrates the unity of Arab leaders in our current situation and their support for Baghdad's investment renaissance."
He added, "Twenty Arab organizations and federations will participate in the summit, in addition to international organizations represented by the Secretary-General of the United Nations, the Secretary-General of the Organization of Islamic Cooperation, the President of the African Union, and a representative of the European Union. The guest of honor will be Spanish Prime Minister Pedro Sanchez."
He continued, "There are also more than 250 Arab and foreign journalist guests and dozens of Arab and foreign figures in Baghdad."
Hussein affirmed, "Baghdad has focused its efforts on supporting the Arab Summit and providing full support, holding 16 meetings of the Supreme Administrative Committee. Iraq is proud to have hosted three summits: the 34th Arab League Summit, which Bahrain was honored to host last year, and now Iraq is honored to host it in Baghdad."
He added, "The second summit of the fifth session of the Economic and Social Development Summit, which is held every four years, and we will be honored to chair it from the State of Lebanon." He added, "The third summit is at the leaders' level, and Iraq will assume the presidency of the three summits. Iraq is now the president of the Arab Summit for next year."
Regarding the Baghdad Development Summit, Hussein explained, "There will be two sessions next Saturday. The first will begin in the morning for the Arab League Council session, and the second will be in the afternoon for the fifth development summit."
He added, "The two summits will issue the Baghdad Declaration, which includes the joint Arab position on economic, social, and development interests, and focuses on the regional challenges facing the region, most notably an immediate ceasefire in Gaza and the opening of crossings for humanitarian aid. The countries have presented their views on the items under discussion."
Hussein announced, "It is hoped that political initiatives will be put forward to establish the Arab Center for Combating Terrorism and the Arab Center for Regional Crime." https://economy-news.net/content.php?id=55457
The Ministry Of Planning And The World Bank Are Conducting A Joint Review Of The Iraq Reform And Reconstruction Fund Program
Wednesday, May 14, 2025| Economic Number of readings: 19 Baghdad / NINA / The Ministry of Planning held a joint meeting today, Wednesday, with the World Bank representative, in the presence of governmental agencies represented by the Ministries of Environment, Labor, Social Affairs and Agriculture, to discuss the outcomes of the review meetings held during the past two months, which include the files of the three main projects, funded by the Iraq Reform, Recovery and Reconstruction Fund.
The Director General of the International Cooperation Department, Saher Abdul-Kazem Mahdi, stated that the projects include the project to support improving farm management for the Ministry of Agriculture, the pollutant management project for the Ministry of Environment, and the pilot program project for economic models in Dhi Qar Governorate for the Ministry of Labor.
During the meeting, the delayed files in completing the procedures for signing grant agreements between the three governmental agencies and the World Bank were discussed. /End https://ninanews.com/Website/News/Details?key=1226884
Towards Global Transformation... Rafidain Bank Begins Updating Its Legal Framework
Wednesday, May 14, 2025 | Economic Number of readings: 155 Baghdad / NINA / Rafidain Bank announced the commencement of contracting procedures with Hogan Lovells, one of the most prominent international law firms based in the United Kingdom, with the aim of reviewing and updating the bank's internal legal structure in line with the highest international banking standards and international legislation applicable in advanced financial markets.
A statement by the bank said: "This decision comes within the framework of a clear vision adopted by the bank to raise the level of legal governance and enhance its institutional readiness, as part of a well-thought-out professional path towards internationalization and transformation into a modern banking institution characterized by efficiency, compliance, and transparency."
The announcement came after an expanded official meeting that brought together the bank's management and a delegation from Hogan Lovells, during which the areas of technical cooperation and the stages of implementing the future legal development plan were discussed.
Rafidain Bank affirmed: "This step represents a strategic turning point in its journey, as it paves the way for expanding the bank's international dealings and enhancing confidence in its operational capabilities on the regional and global arenas. It also aims to create a legal and operational environment characterized by credibility and discipline, thus opening the door wide to attracting foreign investments and establishing strategic banking partnerships with major international financial institutions."
He explained: "Rafidain Bank's openness to global expertise and its adoption of an institutional modernization approach in accordance with approved best practices reflect its insistence on consolidating its position as a leading bank, not only at the level of Iraq, but also on the regional and international financing map." /End https://ninanews.com/Website/News/Details?key=1226748
Al-Sudani: The Reconstruction And Development Process Continues In Iraq
Wednesday, May 14, 2025, ++| Economic Number of reads: 183 Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani stressed: "The reconstruction and development process is ongoing in Iraq."
Al-Sudani said in a speech during the inauguration and launch of work on three industrial projects in Basra: "These projects confirm that Basra is the economic capital of Iraq and will be an important opportunity for the people of the province to provide job opportunities."
He added: "The projects are planned to be completed with the highest specifications and will be a golden opportunity for engineers and technicians to gain experience."
He announced the launch of executive work for the largest industrial city on the development path in Basra, noting: "The industrial city project has undergone extensive discussions."
The Prime Minister continued: "The contract for the projects will provide fifty percent of local job opportunities," indicating: "The Basra chlorine and caustic soda production plant project will provide about 500 job opportunities."
He pointed out: "Basra is the economic capital of Iraq and contains the most important projects in various sectors," indicating: "The industrial city in Basra has a seafront of approximately 500 meters on Khor Al-Zubair." / End https://ninanews.com/Website/News/Details?key=1226854
Weekly Trading Indicators For The Iraq Stock Exchange
Wednesday, May 14, 2025, 4:13 PM | Economics Number of readings: 67 Baghdad / NINA / The Iraq Stock Exchange organized four trading sessions during the second week of May 2025 from Sunday 05/11/2025 to Wednesday 05/14/2025:
1. The number of shares traded during this week amounted to more than (2) billion shares.
2. The value of shares traded this week amounted to more than (6) billion dinars.
3. The ISX60 market trading index closed for the first session of the week at (1026.81) points, while the index closed at the end of the week at (1014.84) points, achieving a decrease of (1.18%) compared to its closing at the beginning of the session.
The ISX15 market trading index closed for the first session of the week at (1131.80) points, while the index closed at the end of the week at (1120.87) points, achieving a decrease of (0.98%) compared to its closing at the beginning of the session.
4. During the week, (3033) buy and sell contracts were executed on the shares of companies listed on the market./End https://ninanews.com/Website/News/Details?key=1226860
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Wednesday Evening 5-14-25
Good Evening Dinar Recaps,
CENTRAL BANKS PREPARE FOR A TOKENIZED FUTURE
Imagine a financial world where every transaction, from billion-dollar treasury purchases to retail payments, exists entirely as digital tokens. The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) Innovation Hub aren’t just imagining it — they’re actively preparing for it through Project Pine.
The New York Innovation Center (NYIC), part of the Fed’s New York branch, launched this groundbreaking initiative with the BIS Innovation Hub, creating a toolkit of smart contracts designed to execute central banking functions in a fully tokenized financial system. The toolkit supports paying interest on reserves, conducting open market operations, managing collateral, and supporting credit and asset purchases – all via tokenized processes.
Good Evening Dinar Recaps,
CENTRAL BANKS PREPARE FOR A TOKENIZED FUTURE
Imagine a financial world where every transaction, from billion-dollar treasury purchases to retail payments, exists entirely as digital tokens. The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) Innovation Hub aren’t just imagining it — they’re actively preparing for it through Project Pine.
The New York Innovation Center (NYIC), part of the Fed’s New York branch, launched this groundbreaking initiative with the BIS Innovation Hub, creating a toolkit of smart contracts designed to execute central banking functions in a fully tokenized financial system. The toolkit supports paying interest on reserves, conducting open market operations, managing collateral, and supporting credit and asset purchases – all via tokenized processes.
Six additional central banks contributed requirements, emphasizing the need for flexibility. This focus led to a surprising advantage: dramatically faster crisis response.
Faster Emergency Response in Digital Financial Markets
Crises strike without warning. In traditional finance, it takes time to implement new emergency facilities. With Project Pine, central banks could design and launch responses almost instantly thanks to pre-built smart contracts.
“Tokenization accelerates money velocity,” the report notes, “which means financial shocks may unfold faster – requiring faster central bank action.”
Smart contracts are the backbone of this efficiency. Central banks would still use human judgment for critical decisions, but automating operations like collateral handling and haircut settings could reduce friction in emergency interventions.
Smart Contracts to Power 24/7 Central Banking
The prototype assumed a fully tokenized ecosystem operating 24/7, which would require automated yet safe systems outside traditional business hours.
Though the smart contracts were built using Hyperledger Besu and Solidity (Ethereum-compatible), the team stressed their technology-neutral stance.
Project Pine is not policy — it’s exploration. But its foresight equips central banks to handle the transition to tokenization and anticipate how their core functions might evolve.
By planning ahead with Project Pine, central banks aren't just preparing for the next phase of finance — they’re shaping it.
@ Newshounds News™
🔗 Source: Ledger Insights
~~~~~~~~~
CRYPTO EXECS FLOCK TO DC TO SUPPORT SENATE STABLECOIN BILL
Coinbase CEO Brian Armstrong said the Senate could reconsider a vote on the GENIUS Act “hopefully tomorrow” after it initially failed on May 8.
Crypto leaders, including founders and executives from major companies, have traveled to Washington, DC, in a major push to rally support for the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which failed to pass the Senate earlier this month.
60 Crypto Founders Push for Urgency
In a May 14 X post from the US Capitol rotunda, Armstrong revealed that “60 [crypto] founders” were in DC to advocate for the GENIUS Act and a market structure bill currently under consideration in the House of Representatives.
“Like any good negotiation, there’s a lot of details to work out at the last minute, but we’ve been stressing the urgency of this,” Armstrong stated.
The Senate may vote again on the GENIUS Act “hopefully tomorrow,” signaling renewed momentum despite political obstacles.
Political Tensions Over Trump’s Crypto Involvement
Many Democratic lawmakers are withholding support due to concerns about Donald Trump’s crypto ventures, including his TRUMP memecoin and the USD1 stablecoin launched by his family-affiliated World Liberty Financial. Democrats have demanded carve-outs or provisions to ensure Trump cannot profit politically or financially from crypto legislation.
A Democratic staffer told Cointelegraph there was “no indication” Republicans would address these concerns. Another source claimed addressing them may be unconstitutional.
Is Bipartisan Crypto Reform Possible?
The Senate resumed consideration of the GENIUS Act on May 12, and another vote is expected within days. While Republicans control both chambers, a 60-vote majority is required to overcome a filibuster, necessitating at least partial Democratic backing.
“Despite the politics around the TRUMP memecoin and crypto investments — that has definitely made our work more complicated — I still argue that behind the scenes, you've got constructive members in both parties working to find consensus,” said Representative French Hill at the Consensus conference in Toronto.
Whether the GENIUS Act can move forward without adjustments remains unclear, but the growing presence of crypto leaders in Washington underscores the urgency and high stakes involved.
@ Newshounds News™
🔗 Source: Cointelegraph
~~~~~~~~~
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The Economic ‘Storm’ Will Get Worse: Is the U.S. Headed for a Radical Reset?
The Economic ‘Storm’ Will Get Worse: Is the U.S. Headed for a Radical Reset?
Daniel Cambone: 5-14-2025
“Europe is a crisis point, not the United States. The crisis point is that Europe has to come to terms with World War II,” says George Friedman, founder and chairman of Geopolitical Futures.
In a conversation with Daniela Cambone, he explains that the post–World War II global system, where the U.S. played the role of geopolitical and economic anchor, is now over. “It’s a very great system reset,” he explains.
The Economic ‘Storm’ Will Get Worse: Is the U.S. Headed for a Radical Reset?
Daniel Cambone: 5-14-2025
“Europe is a crisis point, not the United States. The crisis point is that Europe has to come to terms with World War II,” says George Friedman, founder and chairman of Geopolitical Futures.
In a conversation with Daniela Cambone, he explains that the post–World War II global system, where the U.S. played the role of geopolitical and economic anchor, is now over. “It’s a very great system reset,” he explains.
"The financial community is obsessed with money, and that's quite understandable. But this nation is more than money, it's national security.”
He also shifts focus to Europe, warning that if the continent fails to reconcile with its past and current geopolitical role, it could become a flashpoint for future conflict.
“This is the place I’d watch for a war—Europe and Asia,” Friedman says, pointing to Europe’s long history of internal wars among nation-states.
Key Facts:
America undergoes a necessary reinvention
Why is the massive reset necessary?
Rising global tensions and instability Will the U.S. dollar remain dominant?
Why central banks are stockpiling gold The growing crisis in Europe
Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 5-14-25
Good Afternoon Dinar Recaps,
XRP Lawyer Warns Stablecoin Bill Could Be Delayed Until 2029 — Here’s Why
John Deaton says the GENIUS Act, a key stablecoin bill, may not pass until 2029, potentially stalling U.S. crypto reforms and undermining the dollar’s global dominance.
The ongoing debate over U.S. stablecoin regulation has taken a new turn as prominent XRP lawyer John Deaton sounded the alarm about the potential delay of the GENIUS Act—a bipartisan bill aimed at regulating stablecoins. According to Deaton, the failure to pass this legislation could push broader crypto reforms back until 2029.
Good Afternoon Dinar Recaps,
XRP Lawyer Warns Stablecoin Bill Could Be Delayed Until 2029 — Here’s Why
John Deaton says the GENIUS Act, a key stablecoin bill, may not pass until 2029, potentially stalling U.S. crypto reforms and undermining the dollar’s global dominance.
The ongoing debate over U.S. stablecoin regulation has taken a new turn as prominent XRP lawyer John Deaton sounded the alarm about the potential delay of the GENIUS Act—a bipartisan bill aimed at regulating stablecoins. According to Deaton, the failure to pass this legislation could push broader crypto reforms back until 2029.
“If Congress can’t get the GENIUS Act passed, we won’t see a Market Structure Bill, which means we won’t see any long-lasting reform until 2029, depending on how the Presidential election goes,”
— John Deaton, via X (formerly Twitter)
Deaton’s warning echoes recent concerns expressed by Messari CEO Ryan Selkis, who argues that without foundational legislation like the GENIUS Act, the U.S. risks losing its leadership in digital finance innovation.
The Importance of the GENIUS Act
Deaton referred to the bill as a “no-brainer” and framed it as vital to maintaining U.S. dollar dominance on the global stage. He emphasized that as countries pursue de-dollarization, stablecoins offer the U.S. a strategic lever to drive global demand for U.S. Treasury securities (USTs).
“We’re in an era when other nations are attempting to de-dollarize the world. We MUST drive demand for UST and ensure the USD remains the world’s reserve currency. If politicians can’t get the GENIUS Act through, then there’s little chance more complex, long-lasting legislation will pass,”
— John Deaton
The GENIUS Act—short for “Guaranteed Essential Neutrality in United States Stablecoins”—has earned the nickname “Dollar Dominance Bill” among crypto advocates for its potential role in reinforcing the dollar’s status through regulated digital assets.
Political Roadblocks and Skepticism
Despite bipartisan backing from several lawmakers and the crypto industry, the bill faces strong resistance—most notably from Senator Elizabeth Warren, who has consistently criticized crypto legislation on grounds of national security and consumer protection.
“The Senate shouldn’t greenlight this corruption by passing the GENIUS Act without fixes,”
— Senator Elizabeth Warren
Warren’s opposition stems from concerns that stablecoins could be used to bypass traditional financial oversight and pose risks to the U.S. economy. Her resistance may stall the bill’s progress during an already contentious election year.
Why This Delay Matters
The crypto industry sees stablecoin legislation as a foundational step toward broader market regulation. Without the GENIUS Act, other key bills—such as the long-awaited Market Structure Bill—may never see a vote. This could leave U.S. companies behind as global competitors move ahead with clearer digital asset policies.
With the 2024 presidential election looming, Deaton and other advocates fear that partisan divides could stall legislative momentum for years, creating prolonged regulatory uncertainty for crypto businesses and investors alike.
@ Newshounds News™
📎 Source: CoinGape – Full article
~~~~~~~~~
🌍 BRICS Influence Grows as European Firms Shift Away From US Dollar
European financial institutions are increasingly receiving requests to use local currencies instead of the US dollar, signaling BRICS' growing global economic influence.
In a development that signals a major geopolitical and financial shift, several European banks, brokers, and financial institutions are reporting an uptick in client requests to conduct transactions in local currencies—not the US dollar. According to the Luxembourg Times, these requests involve hedging and cross-border transactions in currencies like the Chinese yuan, Hong Kong dollar, Emirati dirham, and the euro.
This marks a notable milestone: for the first time, foreign institutional funds are asking to bypass the US dollar altogether in transactions handled by European finance firms. The change reflects the influence of the BRICS alliance’s strategy to de-dollarize global trade by promoting local currency settlements.
From Dollar Hub to Direct Transfers
Traditionally, financial transactions—especially those crossing multiple borders—have relied heavily on the US dollar as an intermediary currency. For example, when a Japanese firm wants to send money to a Philippine-based fund, it would typically route the payment through the dollar, which would then be converted into pesos.
Now, corporate clients are pushing for new protocols that completely skip the US dollar, aiming to cut costs, reduce exposure to dollar volatility, and support regional economic partnerships. European firms are being asked to accommodate these demands with currency strategies that allow for direct transfers between non-dollar pairs.
BRICS Ideology Reaches Europe
The ideological push for local currency empowerment has long been championed by the BRICS bloc—Brazil, Russia, India, China, and South Africa, with recent expansions including the UAE, Egypt, Iran, and Ethiopia. The alliance has openly advocated for reducing reliance on the US dollar in global trade and reserves.
Now, that de-dollarization strategy appears to be influencing European markets. The increasing preference for local currencies by institutional clients reflects growing confidence in non-dollar instruments and frustration with dollar-dominated systems, especially amid volatile geopolitics and trade tensions.
Technology and Liquidity as Key Drivers
Gene Ma, Head of China Research at the Institute of International Finance, noted that advancements in financial technology and liquidity are key enablers of this trend.
“The increase in transactions between non-US currencies is largely due to technological development and increased liquidity. The trading parties feel that the price may not be worse than using the US dollar, so transactions naturally pick up,” Ma explained.
Trade War Legacy and Uncertainty Under Trump
The movement also follows years of trade tensions and tariffs introduced during Donald Trump’s first term. Though President Trump has paused new tariffs for 90 days, uncertainty still looms large. The fear of sudden economic shifts and rising nationalism has made many businesses rethink their overreliance on the US financial system.
Analysts suggest that if BRICS and its partners fully transition to local currency settlements, it could reshape global trade flows and challenge the dollar’s reserve status. The growing demand for currency derivatives outside the dollar system may be a signal that this shift is already underway.
Conclusion
The shift toward local currencies in Europe, inspired by BRICS’ economic ideology, represents a potential inflection point in global finance. As more institutional players move away from the US dollar, traditional financial systems may need to adapt quickly to remain relevant in a multipolar currency environment.
@ Newshounds News™
📎 Source: Watcher.Guru
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Insiders Are Dumping Stocks; Get Ready For Market Meltdown | Chris Vermeulen
Insiders Are Dumping Stocks; Get Ready For Market Meltdown | Chris Vermeulen
Liberty and finance: 5-12-2025
Institutional investors appear to be quietly selling into recent market strength, a classic sign of distribution that often precedes a broader market selloff.
Despite a short-term rally driven by positive sentiment around tariff news, heavy overnight futures selling and high-volume unloading during regular trading hours suggest big money is exiting.
Technical indicators and behavioral metrics reveal that smart money is taking advantage of this bullish euphoria to offload risk. Meanwhile, analysts like Chris Vermeulen warn that this rally may be a setup for a larger correction, especially as macroeconomic conditions and cycle stages point toward a financial reset.
Insiders Are Dumping Stocks; Get Ready For Market Meltdown | Chris Vermeulen
Liberty and finance: 5-12-2025
Institutional investors appear to be quietly selling into recent market strength, a classic sign of distribution that often precedes a broader market selloff.
Despite a short-term rally driven by positive sentiment around tariff news, heavy overnight futures selling and high-volume unloading during regular trading hours suggest big money is exiting.
Technical indicators and behavioral metrics reveal that smart money is taking advantage of this bullish euphoria to offload risk. Meanwhile, analysts like Chris Vermeulen warn that this rally may be a setup for a larger correction, especially as macroeconomic conditions and cycle stages point toward a financial reset.
This stealthy institutional behavior is a red flag that the market may be approaching a major downturn.
The recent surge in market optimism, fueled by positive developments in tariff negotiations, might be masking a more concerning underlying trend: institutional investors quietly exiting their positions. While headlines tout the recovery and short-term gains, whispers on trading floors suggest that “smart money” is using this bullish sentiment as an opportunity to offload risk, potentially setting the stage for a much larger correction.
Several indicators point towards this stealthy distribution. Heavy overnight futures selling, often indicative of institutional activity, has been a recurring theme. This is further supported by high-volume unloading observed during regular trading hours, suggesting significant selling pressure from large players.
Technical indicators, often used by sophisticated traders, are flashing warning signs. Combined with behavioral metrics, these signals suggest that seasoned investors are not buying into the rally’s sustainability. They appear to be capitalizing on the wave of euphoria to reduce their exposure, betting that the market’s current exuberance is unsustainable.
As market analyst Chris Vermeulen points out, this recent uptick could be a well-orchestrated setup for a more significant market correction. Vermeulen highlights the confluence of macroeconomic conditions and cyclical patterns, suggesting that we are approaching a potential “financial reset.” This viewpoint aligns with the observed institutional behavior, further reinforcing the notion that the current rally is fragile and vulnerable.
The term “distribution” refers to a market condition where large, sophisticated investors strategically sell their assets while retail investors and less informed players are still buying. This creates the illusion of continued market strength while large players are quietly taking profits and reducing risk. It’s a classic hallmark of a market top, often preceding a broader and more significant selloff.
While predicting market timing with absolute certainty is impossible, the convergence of these factors – institutional selling, concerning technical indicators, and warnings from experienced analysts – paints a concerning picture. The apparent disconnect between the market’s short-term bullish sentiment and the underlying institutional activity should be a red flag for investors.
While the market may continue to enjoy short-term gains, the subtle but significant shift in institutional sentiment suggests that now is the time to proceed with caution and prepare for potential headwinds. The smart money may be exiting, and ignoring these signals could prove costly in the long run.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Gold & silver update
7:20 Stock market update
12:10 Silver to drop, how much?
13:30 Stock market crash
17:30 Holding cash
18:57 Gold/silver ratio
19:40 Dollar Index
Iraq Economic News And Points To Ponder Wednesday Morning 5-14-25
After Increasing Its Trade Transactions To Approximately $65 Billion, The Ministry Of Commerce Stated That Iraq Is A Major Economic Player In The Region.
economy | 11:39 - 05/13/2025 Mawazine News - Baghdad - The Ministry of Trade confirmed, on Tuesday, that Iraq represents an important economic player in the region, as it is witnessing a remarkable development in the volume of trade exchange with Arab countries, and is working to strengthen its regional and international economic role.
After Increasing Its Trade Transactions To Approximately $65 Billion, The Ministry Of Commerce Stated That Iraq Is A Major Economic Player In The Region.
economy | 11:39 - 05/13/2025 Mawazine News - Baghdad - The Ministry of Trade confirmed, on Tuesday, that Iraq represents an important economic player in the region, as it is witnessing a remarkable development in the volume of trade exchange with Arab countries, and is working to strengthen its regional and international economic role.
The official spokesperson for the ministry, Mohammed Hanoun, stated in a statement received by Mawazine News that "the volume of trade exchange between Iraq and 11 countries amounted to approximately $65 billion in the first half of 2024, a 10% increase compared to the same period in 2023."
He added, "The volume of trade exchange between Iraq and Saudi Arabia reached $1.3 billion in 2024, reflecting a significant increase compared to previous years," noting that the volume of trade exchange between Iraq and Jordan exceeded $1 billion annually, after increasing by 45.6% over the previous year. The volume of trade exchange with the United Arab Emirates in 2023 reached $22 billion in Emirati exports to Iraq.
Regarding Iraq's economic role, Hanoun explained that Iraq's economic role in the region and the world has begun to grow and increase, as it ranked 51st globally and fourth in the Arab world on the list of the largest economies in the world for the year 2025, according to a report issued by the American magazine "CEO World."
Hanoun affirmed that the "Development Road" project, estimated to cost $17 billion, aims to make Iraq a regional transportation hub by linking its southern hinterland to the Turkish border in the north, strengthening its role as an economic hub in the region.
He emphasized that Iraq's move is to strengthen its economic position by developing trade relations with Arab countries, reviewing all previous agreements, and implementing strategic projects aimed at diversifying its economy and reducing its dependence on oil.
He added that Iraq's commitment to hosting the Arab Summit reflects its commitment to leading Arab efforts towards achieving economic and development integration, having called for the establishment of an Arab economic bloc that invests in the human and geographical resources of Arab countries, with the aim of achieving effective economic integration, providing job opportunities, and achieving social justice.
The official spokesperson for the Ministry of Trade continued, "By hosting the Arab Summit, Iraq seeks to focus on food security and sustainable development, and developing an Arab strategy for food security, in addition to supporting initiatives related to artificial intelligence, energy, water, and education, with the aim of achieving sustainable development in the region."
He concluded by saying that "Iraq had proposed in previous meetings the establishment of an Arab Council comprising trade ministers under the umbrella of the League of Arab States, to enhance coordination and integration in trade policies among member states." https://www.mawazin.net/Details.aspx?jimare=261376
The Dollar Continues To Rise Against The Dinar In Baghdad.
Stock Exchange Economy News – Baghdad The exchange rate of the US dollar rose against the Iraqi dinar on Tuesday morning in Baghdad markets.
The dollar exchange rate rose slightly on the Al-Kifah and Al-Harithiya stock exchanges, reaching 142,850 Iraqi dinars per $100, compared to 142,750 dinars per $100 on Monday.
Selling prices at exchange offices in Baghdad's local markets remained stable, with the selling price reaching 143,750 dinars per $100, and the buying price reaching 141,750 dinars per $100. https://economy-news.net/content.php?id=55415
Iraqi Oil Prices Recover To $66 Per Barrel.
economy | 09:26 - 05/13/2025 Mawazine News - Follow-up: Iraqi oil prices recorded a significant increase during daily trading on the global market on Tuesday.
According to data reviewed by Mawazine News, Basra Medium crude oil recorded $66.00 per barrel, while heavy crude oil recorded $62.85 per barrel, with a change rate of +1.69% for both.
The data also showed a slight decrease in global oil prices, with British Brent crude recording $64.85 per barrel, while US West Texas Intermediate crude oil recorded $61.88 per barrel, with changes rates of -0.15% and -0.11%, respectively. https://www.mawazin.net/Details.aspx?jimare=261371
Gold Prices Rebound From Their Lowest Levels In More Than A Week.
Time: 2025/05/13 08:52:42 Read: 1,485 times {Economic: Al Furat News} Gold prices rose on Tuesday from their lowest levels in more than a week, reached in the previous session, following a temporary agreement between the United States and China to reduce mutual tariffs.
Spot gold rose 0.7% to $3,259.39 per ounce, after falling 2.7% in the previous session. US gold futures also rose 0.8% to $3,256.40 per ounce.
Following two days of negotiations in Geneva, the United States and China announced mutual tariff reductions over the next three months. The United States reduced tariffs on Chinese imports from 145% to 30%, while China reduced tariffs on US imports from 125% to 10%, boosting global stocks.
The two sides exchanged tariffs last month, fueling trade tensions between the world's two largest economies. LINK
As Part Of Preparations For The Baghdad Summit, The Economic Council Holds Its Ministerial Meeting.
Political | 04:47 - 05/13/2025 Mawazine News - Baghdad - The Economic Council held its ministerial meeting today, Tuesday, in preparation for the Arab Summit to be held in Baghdad.
Trade Ministry spokesman Mohammed Hanoun told Mawazine News that "the Council discussed the summit agenda, which included 27 items covering a range of economic, social, and developmental issues that are a priority for joint Arab action."
He added that "one of the most prominent points of the meeting was enhancing Arab economic integration, with a focus on completing the Greater Arab Free Trade Area project and promoting electrical interconnection and transportation projects between Arab countries.
" Hanoun continued, "The topic of food and water security also included: The meeting discussed initiatives to achieve food and water security in the region, including supporting sustainable agriculture and developing water resources."
Regarding the Arab Artificial Intelligence Initiative, Hanoun explained that "the Secretary-General of the League of Arab States' initiative entitled 'The Arab Artificial Intelligence Initiative: Towards Technological Leadership and Sustainable Development' was reviewed, which aims to enhance the use of modern technologies in development."
He pointed out that "the meeting addressed the issue of supporting and sheltering displaced families from the Palestinian territories: The meeting discussed the project to support and shelter displaced families from the Palestinian territories, and to confront attempts to displace the Palestinian people from their land."
The Ministry of Commerce spokesperson indicated that "the empowerment of youth and women was discussed: the files of empowering youth and women, developing technical education, digital transformation, and building cyber capabilities were discussed, with an emphasis on protecting Arab cultural heritage."
He concluded by saying that "the 'Baghdad Declaration' document was issued: The summit is scheduled to conclude with the issuance of the 'Baghdad Declaration' document, which is expected to embody the unified Arab position on the political, economic, and security issues on the agenda." https://www.mawazin.net/Details.aspx?jimare=261388
The Arab Summit In Baghdad And Joint Arab Economic Cooperation
Samir Al-Nusairi The 34th Arab Summit will be held in Baghdad soon, amidst the economic, political and security challenges and crises sweeping the world, the Arab region and the geographical region, at a time when most countries are suffering from the current trade war between America and China,
which has disrupted international trade and complicated ways to facilitate the economic and financial process, in addition to the effects of wars, conflicts and disputes in the region and the world on the current economic situation and expectations of slowing economic growth and inflationary stagnation and the suffering of countries that depend primarily on oil as the main resource for the country, as well as the accumulated suffering of poor countries from the food and energy crises.
All of the above factors make Iraq, which is witnessing security and economic stability, enjoys balanced foreign relations with countries of the world, and strong and open relations with Arab countries.
This is supported by the success of the current government in achieving fundamental stages of comprehensive economic, financial, and banking reform, which will be reflected in building a solid national economy and a solid financial and banking sector, as economic indicators indicate in 2024 and the first quarter of 2025.
Foreign exchange reserves and gold reserves exceed $100 billion, with a sufficiency rate of 140% to cover the local currency in cash circulation and to cover imports, the recovery of the Iraqi dinar, and the relative stability of the exchange rate against the US dollar.
The annual inflation rate reached 2.8% and the core inflation rate 2.5%, which means maintaining the general level of prices despite the food crisis and the repercussions of the current global trade war. What strengthens the Iraqi economy are the giant economic and investment projects and joint projects with Arab and friendly countries, such as the Development Road Project, gas investment, regulating foreign trade financing, building solid financial and banking relations with the world's correspondent banks, complying with international standards, and combating money laundering and terrorist financing.
Therefore, holding the Arab Summit in Baghdad is an important step towards Iraq's return to its Arab fold and its openness to building balanced political, economic and security relations with sister nations. This will enable Iraq to launch an initiative for a joint Arab strategic cooperation project, similar to the one currently implemented by global economic blocs.
This initiative aims to formulate a strategy for Arab economic integration, unify joint policies and programs to support and enhance Arab development work and confront potential risks.
The experience of previous successful coordination relations with Egypt, Jordan, Saudi Arabia and the rest of the Gulf states has established important pillars for Arab economic cooperation, which supports Iraq's position in calling for the establishment of an Arab economic bloc that serves the supreme interests of the Arab peoples in all fields, especially cooperation, communication and strengthening financial and banking relations among them, particularly in foreign banking transactions.
Motivating and encouraging investment companies to invest in Iraq will lead to strengthening the financing and investment sectors, especially economic infrastructure projects. https://economy-news.net/content.php?id=55431
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Wednesday Morning 5-14-25
Good Morning Dinar Recaps,
🇺🇸 SENATORS URGE TREASURY TO RETHINK TAX ON UNREALIZED CRYPTO GAINS
Senators Cynthia Lummis (R-WY) and Bernie Moreno (R-OH) are calling on the U.S. Treasury to exempt unrealized cryptocurrency gains from a tax rule they argue unfairly penalizes American firms and stifles innovation.
In a letter sent Tuesday to Treasury Secretary Scott Bessent, the senators criticized how the 2022 Corporate Alternative Minimum Tax (CAMT), when combined with new FASB accounting rules, may result in companies owing taxes on crypto assets they haven’t sold. They claim this approach leaves U.S. businesses at a competitive disadvantage globally.
Good Morning Dinar Recaps,
🇺🇸 SENATORS URGE TREASURY TO RETHINK TAX ON UNREALIZED CRYPTO GAINS
Senators Cynthia Lummis (R-WY) and Bernie Moreno (R-OH) are calling on the U.S. Treasury to exempt unrealized cryptocurrency gains from a tax rule they argue unfairly penalizes American firms and stifles innovation.
In a letter sent Tuesday to Treasury Secretary Scott Bessent, the senators criticized how the 2022 Corporate Alternative Minimum Tax (CAMT), when combined with new FASB accounting rules, may result in companies owing taxes on crypto assets they haven’t sold. They claim this approach leaves U.S. businesses at a competitive disadvantage globally.
“Our edge in digital finance is at risk if U.S. companies are taxed more than foreign competitors,” Lummis tweeted, sharing the letter on X.
🔍 Background: What’s the Issue?
The CAMT, enacted under the Inflation Reduction Act, imposes a 15% minimum tax on corporations with $1 billion+ in average annual earnings, based on adjusted financial statement income (AFSI)—not traditional taxable income.
In December 2023, the Financial Accounting Standards Board (FASB) adopted ASU 2023-08, requiring companies to use mark-to-market (fair value) accounting for crypto assets. This means firms must report unrealized gains from unsold crypto on financial statements.
Now, under CAMT rules, these unrealized gains could be treated as taxable income, even though the companies haven’t liquidated the assets.
“Neither Congress nor FASB planned this outcome,” the senators wrote. “It’s the unintended result of basing tax liability on decisions by a private organization… not principles of taxation.”
⚠️ Potential Fallout
Lummis and Moreno warned this tax interpretation could:
Force companies to sell crypto assets just to cover tax bills.
Discourage innovation and crypto adoption in the U.S.
Give foreign competitors an edge, as many follow different accounting standards.
They urged the Treasury to:
Exclude unrealized crypto gains from CAMT calculations.
Issue interim guidance immediately, before long-term damage is done.
Political and Regulatory Context
This challenge follows recent moves by President Trump’s administration to roll back Biden-era crypto regulations:
In April, Trump signed a law repealing the controversial DeFi broker rule.
In March, the Senate overturned the IRS requirement that decentralized finance (DeFi) protocols report user activity like banks.
Senator Lummis, a longtime crypto advocate, has led several legislative efforts including:
The Lummis-Gillibrand Responsible Financial Innovation Act (2022).
The BITCOIN Act (2025), reintroduced in March, to codify Trump’s executive order on establishing a national Bitcoin reserve.
🔮 What’s Next?
While the Treasury has yet to respond publicly, the pressure is mounting. The senators stressed the urgency, writing:
“Failure to provide this clarity… will disincentivize entities from maintaining large holdings of digital assets.”
If the current policy stands, the U.S. risks losing ground in the global race for digital finance leadership. Lummis and Moreno said they are willing to work directly with Treasury officials to resolve the issue.
📌 The battle over how crypto is taxed—especially unrealized gains—could shape the future of digital asset adoption in the U.S.
@ Newshounds News™
Source: Decrypt
~~~~~~~~~
South Korea Makes Crypto a Key Election Battleground
As South Korea gears up for its June 3 presidential election, the Democratic Party has launched a Digital Asset Committee to centralize crypto policymaking under the president’s office. The move signals crypto's rise as a major political and economic issue.
🔹 Key Points:
New Digital Asset Committee formed on May 13 to shape national crypto policy.
Focus areas: regulatory reform, stablecoins, exchange laws, and centralized oversight.
The committee is drafting the “Stage 2 Bill” to modernize outdated digital asset laws.
🔹 Stablecoins in Spotlight:
Won-pegged stablecoins are a priority, but debate continues over licensing vs. registration.
Bank of Korea (BOK) demands final authority over KRW-linked stablecoins to protect monetary policy.
🔹 Political Stakes:
Lee Jae-myung (Democratic Party) supports crypto innovation and a won-linked stablecoin.
Kim Moon-soo (opposition) supports crypto adoption through public fund investment and legal clarity.
With 16M+ South Koreans using crypto, digital assets have become a top campaign issue.
👉 Crypto is no longer niche in Korea—it’s a vote-winner.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
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“Tidbits From TNT” Wednesday Morning 5-14-2025
TNT:
Tishwash: Al-Sudani steps up preparations for the "important event" in Baghdad.
Al-Sudani steps up preparations for the "important event" in Baghdad.
Prime Minister Mohammed Shia al-Sudani chaired a meeting to follow up on the final arrangements for the Arab Summit and the Economic and Development Summit, scheduled to be held in the capital, Baghdad, next Saturday.
According to a statement issued by his office during the meeting, al-Sudani was briefed on the security, administrative, and logistical plans for securing the summit, in addition to reviewing the organizational and technical aspects to ensure a good reception and optimal organization of the conference activities.
TNT:
Tishwash: Al-Sudani steps up preparations for the "important event" in Baghdad.
Al-Sudani steps up preparations for the "important event" in Baghdad.
Prime Minister Mohammed Shia al-Sudani chaired a meeting to follow up on the final arrangements for the Arab Summit and the Economic and Development Summit, scheduled to be held in the capital, Baghdad, next Saturday.
According to a statement issued by his office during the meeting, al-Sudani was briefed on the security, administrative, and logistical plans for securing the summit, in addition to reviewing the organizational and technical aspects to ensure a good reception and optimal organization of the conference activities.
The Prime Minister directed all state institutions and departments to enhance work and coordination efforts, each according to their jurisdiction, to ensure the success of the summit, stressing that this event represents an important milestone that reflects Iraq's status and its pivotal and active role in the Arab and regional arenas.
In this context, the Minister of Interior and Chairman of the Supreme Security Committee for the Arab Summit, Abdul Amir al-Shammari, earlier chaired an expanded meeting that included the ministry's undersecretaries and a number of commanders and officers, to review the final touches of the security plans and procedures for the upcoming Arab Summit in the capital, Baghdad.
During the meeting, according to a statement issued by the Ministry of Interior, a comprehensive discussion was held on coordination between various security formations to ensure the highest levels of protection and organization, reflecting a positive image of Iraq.
The Minister of Interior emphasized the importance of high commitment and discipline in implementing tasks and plans, emphasizing that the success of the summit represents a shared national responsibility that requires the highest levels of preparedness and professionalism. He directed the continuation of security practices, the scrutiny of all requirements, and the unification of efforts on a single path. link
************
Tishwash: The Minister of Finance affirms Iraq's keenness to strengthen its relations with the World Bank.
Finance Minister Taif Sami affirmed on Tuesday Iraq's keenness to strengthen relations with the World Bank and benefit from its expertise.
The ministry said in a statement, seen by Al-Eqtisad News, that "Finance Minister Taif Sami received today the World Bank Representative to Iraq, Emmanuel Salinas Muñoz," indicating that "during the meeting, areas of joint cooperation between the two sides were discussed, especially with regard to supporting economic programs and financing development projects."
He continued, "The two parties discussed prospects for strengthening the partnership in vital sectors, including energy, education and health, and the importance of continuing coordination to implement financial and administrative reforms, in line with the priorities of the Iraqi government and its plans for sustainable development.
The Minister of Finance stressed "Iraq's keenness to strengthen its relations with the World Bank and benefit from its technical and financial expertise."
The World Bank representative reiterated "the institution's commitment to supporting the Iraqi government's efforts in implementing reform programs and achieving economic stability." link
************
Tishwash: The Arab Summit in Baghdad and Joint Arab Economic Cooperation
Samir Al-Nusairi
The 34th Arab Summit will be held in Baghdad soon, amidst the economic, political and security challenges and crises sweeping the world, the Arab region and the geographical region, at a time when most countries are suffering from the current trade war between America and China, which has disrupted international trade and complicated ways to facilitate the economic and financial process, in addition to the effects of wars, conflicts and disputes in the region and the world on the current economic situation and expectations of slowing economic growth and inflationary stagnation and the suffering of countries that depend primarily on oil as the main resource for the country, as well as the accumulated suffering of poor countries from the food and energy crises.
All of the above factors make Iraq, which is witnessing security and economic stability, enjoys balanced foreign relations with countries of the world, and strong and open relations with Arab countries. This is supported by the success of the current government in achieving fundamental stages of comprehensive economic, financial, and banking reform, which will be reflected in building a solid national economy and a solid financial and banking sector, as economic indicators indicate in 2024 and the first quarter of 2025.
Foreign exchange reserves and gold reserves exceed $100 billion, with a sufficiency rate of 140% to cover the local currency in cash circulation and to cover imports, the recovery of the Iraqi dinar, and the relative stability of the exchange rate against the US dollar. The annual inflation rate reached 2.8% and the core inflation rate 2.5%, which means maintaining the general level of prices despite the food crisis and the repercussions of the current global trade war.
What strengthens the Iraqi economy are the giant economic and investment projects and joint projects with Arab and friendly countries, such as the Development Road Project, gas investment, regulating foreign trade financing, building solid financial and banking relations with the world's correspondent banks, complying with international standards, and combating money laundering and terrorist financing.
Therefore, holding the Arab Summit in Baghdad is an important step towards Iraq's return to its Arab fold and its openness to building balanced political, economic and security relations with sister nations. This will enable Iraq to launch an initiative for a joint Arab strategic cooperation project, similar to the one currently implemented by global economic blocs. This initiative aims to formulate a strategy for Arab economic integration, unify joint policies and programs to support and enhance Arab development work and confront potential risks.
The experience of previous successful coordination relations with Egypt, Jordan, Saudi Arabia and the rest of the Gulf states has established important pillars for Arab economic cooperation, which supports Iraq's position in calling for the establishment of an Arab economic bloc that serves the supreme interests of the Arab peoples in all fields, especially cooperation, communication and strengthening financial and banking relations among them, particularly in foreign banking transactions.
Motivating and encouraging investment companies to invest in Iraq will lead to strengthening the financing and investment sectors, especially economic infrastructure projects. link
Mot: Life is Getting Really tough fir dis Young Man!!!
Mot: . Ya Knows -- Lately it Seems ~~~~
News, Rumors and Opinions Wednesday AM 5-14-2025
Ariel: What Day is Iraq Hosting the Arab Summit?
5-12-2025
You Missed The Other One:
Many people do not realize that when China & US reduced their tariffs they created parity in current value. Only paying 10% on both sides.
Guess what?
That’s your revaluation in the pharmaceutical announcement.
D. Trump said we will not be paying more than others right?
Ariel: What Day is Iraq Hosting the Arab Summit?
5-12-2025
You Missed The Other One:
Many people do not realize that when China & US reduced their tariffs they created parity in current value. Only paying 10% on both sides.
Guess what?
That’s your revaluation in the pharmaceutical announcement.
D. Trump said we will not be paying more than others right?
Did you check out the indices? Isn’t everything green?
That was the market reacting.
And did Drop 75 say once D. Trump returns from the Middle East the world would be a different place?
On your mark people.
Well did you go read the Transition Post from D. Trump?
What did it say?
When I return from the Middle East, where great things will happen for America right?
We should all know by now when D. Trump makes announcements they have double or triple meaning.
I covered one aspect of this yesterday on my other channel.
Many people were dismayed. Others were in the middle. But you never draw a broad conclusion when dealing with D. Trump. So many examples as to why.
Did he tell you in that announcement that he was going for a total reset correct?
Well what do you think all of these trade deals are for?
Didn’t Iran just announce they are removing 4 zeros?
Helloooooooooooooooo…
People need to stop acting out & missing out. Because you only close yourself off to what you never gave yourself a chance to see.
Are you tired of winning yet?
May 26 is coming up fast. And I like to think D. Trump wants many things done by then.
We didn’t even cover Iraq. But for the sake of brevity.
You simply do not host 22 Arab states in Iraq unless you’re ready to change the trade narrative and prepare for the international markets.
Are you all even watching the trade talks? Go read it. Look at what language they are using. Something you been waiting to hear for the past ten years.
You can not tell me things are not ready to go at any moment now. And what day is Iraq hosting the Arab Summit? May 17th.
People have become so jaded. You all are witnesses the very thing that brought you to the dance.
I can say more but you get the point right?
Source(s): https://x.com/Prolotario1/status/1922043587761516578
https://dinarchronicles.com/2025/05/13/ariel-prolotario1-what-day-is-iraq-hosting-the-arab-summit/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy says, think about the importance of this weekend, all the meeting that are being held between Alaq and our President of Iraq. It is at the palace...Alaq is the trigger man for the rate and he ain't just talking to him about a program rate of 1310...We know the majority of the meeting was held on the monetary reform success. FRANK: This meeting was very significant...The fact that Alaq and Sudani are also at this meeting with the IMF...The IMF gives central banks permission to lift the value or change the value for their currency. These are exciting meetings that lead to only one conclusion...
5-13-2025 Newshound Guru Militia Man Article quote: "Iran...Removing 4 zeros from the national currency is one of the key measures included in the action plan." Now watch, you're going to have numbers different people on the internet saying, 'it's a LOP.' If you believe the United States Treasury and the World Bank and the Bank of International Settlements have worked for 21 years to erase the value of the currency? You have to be kidding me...Lopping a currency isn't part of a current reform program. It's destroying value. That's not what we're talking about here. We have two really rich countries ...The toman/rial is far less valued than the Iraq dinar...I think this is good.
************
$2.5 Trillion Dollar Avalanche: Asia's Great Exit from U.S. Dollar to Gold
Taylor Kenny: 5-13-2025
$2.5 trillion in silent dollar holdings could be dumped—and no one’s paying attention. Everyone’s watching central banks, but the real danger to the dollar lies elsewhere.
A quiet sell-off from Asia could spark a rapid collapse in confidence, inflation, and your standard of living. This video breaks down how close we are to the edge—and what you can do now to protect your wealth.
Iraq Economic News And Points To Ponder Tuesday Evening 5-13-25
SWIFT And The US Federal Reserve Put Iraq At The Mercy Of The Global Economy.
Information/Special..Economist Hassan Al-Sheikh warned on Tuesday that Iraq has become more vulnerable to global economic shocks due to its increasing connection to the international financial system, particularly after joining the SWIFT global financial system and engaging directly with the US Federal Reserve.
In a statement to Al-Maalouma News Agency, Al-Sheikh said, "Over the past two years, Iraq has entered the global economy with a strong push through international bank transfers, subjecting banks to strict oversight, and opening channels with international banks.
SWIFT And The US Federal Reserve Put Iraq At The Mercy Of The Global Economy.
Information/Special..Economist Hassan Al-Sheikh warned on Tuesday that Iraq has become more vulnerable to global economic shocks due to its increasing connection to the international financial system, particularly after joining the SWIFT global financial system and engaging directly with the US Federal Reserve.
In a statement to Al-Maalouma News Agency, Al-Sheikh said, "Over the past two years, Iraq has entered the global economy with a strong push through international bank transfers, subjecting banks to strict oversight, and opening channels with international banks.
This has made it vulnerable to any external economic change, whether in oil prices or financial and monetary policies."
He pointed out that Iraq, which prior to 2020 was virtually isolated from the global financial system, is now severely restricted, negatively impacting its general budget, which already suffers from a widening financial deficit.
The sheikh added that this interdependence not only threatens the stability of oil prices,
but also makes any global economic or customs decision directly impact the state's finances.
He warned of worsening crises if steps are not taken to strengthen the independence of the Iraqi economy. He pointed out that any breakthrough in the US-Iranian negotiations could open the door for Iraq to overcome some of the obstacles, particularly those related to sanctions imposed on the Central Bank.
This could allow Baghdad to freely withdraw its funds, provide better access to dollars,
and perhaps even restore the exchange rate to 120,000 dinars to $100.
He pointed out that this would allow Iraq to import Iranian gas more smoothly, which would contribute to improving the performance of the electricity sector. https://almaalomah.me/news/98623/economy/سويفت-والفيدرالي-الأميركي-يضعان-العراق-تحت-رحمة-الاقتصاد-الع
Minister Of Finance Affirms Iraq's Keenness To Strengthen Relations With World Bank
Economy Yesterday, 21:15 Baghdad – INA Finance Minister Taif Sami affirmed, on Tuesday, Iraq's keenness to strengthen relations with the World Bank and benefit from its expertise.
The ministry said in a statement received by the Iraqi News Agency (INA): "Minister of Finance Taif Sami received today the World Bank Representative to Iraq, Emmanuel Salinas Muñoz," indicating that
"during the meeting, areas of joint cooperation between the two sides were discussed,
especially with regard to supporting economic programs and financing development projects."
He continued, "The two parties discussed prospects for strengthening partnership in vital sectors, including energy, education, and health, and the importance of continuing coordination to implement financial and administrative reforms, in line with the Iraqi government's priorities and plans for sustainable development."
The Minister of Finance affirmed "Iraq's keenness to strengthen its relations with the World Bank
and benefit from its technical and financial expertise."
The World Bank representative reiterated the institution's commitment to supporting the Iraqi government's efforts to implement reform programs and achieve economic stability. https://www.ina.iq/234152--.html
Economist: Iraq Has Export Resources To Mitigate The Damage Caused By The Drop In Oil Prices.
May 11, 10:54 AM Information/Baghdad...Economic researcher Diaa Abdul Karim explained on Sunday that Iraq possesses numerous resources that could be exported abroad and their revenues utilized, particularly petroleum derivatives.
Abdul Karim told Al-Maalouma, "There is an urgent need to develop oil refineries
to ensure that gas is not burned or wasted and that
all derivatives are utilized to
achieve self-sufficiency and
export the remainder abroad."
He added, "The rise and fall in the price of a barrel of oil is the most prominent concern for
Iraqi citizens and employees, as everyone is waiting and hoping for a rise in the price of oil, while the government should be more inclined to export derivatives."
He explained that "Iraq has minerals, natural resources, and petroleum derivatives that can be leveraged to boost budget revenues and reduce reliance on oil as the primary source of funding for the budget, in order to avoid the fluctuations and occasional shocks of the global market." https://almaalomah.me/news/98371/economy/اقتصادي:-العراق-يمتلك-موارد-للتصدير-لتلافي-اضرار-انخفاض-أسعا
Trade: Iraq To Be The Fourth Largest Arab Economy By 2025
Economy Yesterday, 11:18 Baghdad – INA The Ministry of Trade announced today, Tuesday, that Iraq will be the fourth largest Arab economy by 2025, noting that the volume of trade with 11 countries rose to $65 billion in the first half of 2024.
Ministry spokesman Mohammed Hanoun told the Iraqi News Agency (INA):
"Iraq is an important economic player in the region, witnessing a remarkable development in the volume of trade with Arab countries, and working to strengthen its regional and international economic role."
He indicated that "the volume of trade between Iraq and 11 countries rose to $65 billion in the first half of 2024, a 10% increase compared to the same period in 2023."
He added that "the volume of trade between Iraq and Saudi Arabia reached $1.3 billion in 2024,
reflecting a significant increase compared to previous years," noting that "the volume of trade with the Hashemite Kingdom of Jordan exceeded $1 billion annually,after increasing by 45.6 percent in 2024."
He stated that "the United Arab Emirates exported goods to Iraq worth $22 billion in 2024," noting that "Iraq's economic role in the region and the world has begun to grow and expand, ranking 51st globally and fourth in the Arab world on the list of the world's largest economies for 2025, according to a report issued by the American magazine "CEO World."
He continued, "The development road project, estimated to cost $17 billion, aims to make Iraq a regional transportation hub by linking its southern hinterland to the Turkish border in the north, enhancing its role as an economic hub in the region."
He emphasized that "Iraq's move is to strengthen its economic position by developing trade relations with Arab countries, reviewing all previous agreements, and implementing strategic projects aimed at diversifying its economy and reducing its dependence on oil."
He pointed out that "Iraq's commitment to hosting the Arab Summit reflects its commitment to leading Arab efforts toward achieving economic and development integration, having called for the establishment of an Arab economic bloc that would invest in the human and geographical resources of Arab countries,
with the goal of
achieving effective economic integration,
providing job opportunities, and
achieving social justice."
He noted that "By hosting the Arab Summit, Iraq seeks to focus on food security and sustainable development, and to develop an Arab strategy for food security, in addition to supporting initiatives related to artificial intelligence, energy, water, and education, with the goal of achieving sustainable development in the region."
It's worth noting that Iraq has proposed, in previous meetings, the most recent of which was the preparatory meeting for the Arab Economic and Social Development Summit held in Baghdad yesterday, the establishment of an Arab Council comprising trade ministers under the umbrella of the League of Arab States, to enhance coordination and integration in trade policies among member states. https://www.ina.iq/234111--2025.html
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