More News, Rumors and Opinions Wednesday 3-19-2025

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. 19 March 2025

Compiled Wed. 19 March 2025 12:01 am EST by Judy Byington

Judy Note: (RUMOR) President Trump has just (allegedly) frozen the IRS for 90 days, launching a full-scale investigation into fraud and government waste while preparing to fire 45,000 agents. For decades, the IRS has been a weapon against the American people—now, that era is coming to an end.

This move (allegedly) marks a direct strike against Deepstate corruption, targeting the bureaucratic machine that has drained the economy and punished taxpayers. No new audits will(allegedly)  take place during the freeze, and the administration is set to (allegedly) dismantle the weaponized tax system once and for all.

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Global Currency Reset:

Tues. 18 March 2025 Bruce

From today 18 Tues. March until 5 am on Thurs. 20 March we could get our appointments to exchange.

Three different sources appeared to be in align with each other that we should be notified tomorrow Wed. 19 March, with the 800s coming from Wells Fargo and set our appointments for Thurs. 20 March.

Most Redemption Centers will be going for two weeks.

Tues. 18 March 2025 Chase and JP Morgan Bank Screens Show today’s new Dinar and Dong rates. They are still going up in value: Chase & JP Morgan Show IQD $5.23 – Vietnam Dong Soars to $3.89! dinar news today 2025 / RV News

Sun. 16 March 2025: https://beforeitsnews.com/prophecy/2025/03/situation-update-trump-activates-gold-backed-global-currency-reset-mar-17-2569458.html

Mon. 17 March 2025: BOOM! BREAKING NEWS: Bank President ADMITS IT’S HAPPENING – RV/GCR Funding APPROVED! Goldilocks Global Banking News Video! – amg-news.com – American Media Group

Tues. 18 March 2025: US DEBT CLOCK: THE FINAL PIECES ARE FALLING INTO PLACE – JFK, TRUMP, AND THE FEDERAL RESERVE EXPOSED! – amg-news.com – American Media Group

Tues. 18 March 2025: BOOM! BREAKING NEWS: Bank President ADMITS IT’S HAPPENING – RV/GCR Funding APPROVED! …Final Warning on Telegram

A top bank president just CONFIRMED what they tried to keep hidden—RV/GCR funding is APPROVED. The Quantum Financial System (QFS) is ACTIVATING and Basel III is forcing the collapse of the old financial order. Banks are scrambling, XRP is rising, and the global elite are PANICKING. The financial world is changing NOW.

After years of secrecy, the Global Currency Reset (GCR) and Revaluation (RV) are officially moving forward. The shift of the century is unfolding in real time. Banks, wealth managers, and financial institutions are racing to prepare.

THE FINANCIAL SYSTEM IS COLLAPSING FAST: For decades, the banking elite controlled everything. Now, their system is crumbling. The Bank of International Settlements (BIS) has given the green light for RV/GCR funding. This is NOT a drill.

The old financial system is dying. The QFS is launching, backed by gold and real assets. Central banks are losing control. Washington KNOWS. But they won’t tell you.

BANKS ARE PREPARING IN SECRET. The Office of the Comptroller of the Currency (OCC) just approved digital assets for banks. The biggest financial players are integrating Ripple (XRP) behind closed doors. Why the SEC lawsuit? Insiders say it was never about stopping XRP—it was a setup to control it before full adoption. The U.S. Treasury is moving to make XRP a national reserve asset. The pieces are falling into place.

THE WAR OVER CURRENCY CONTROL IS REACHING ITS PEAK. Basel III regulations go into full force by July 1, 2025. This means: Gold-backed stablecoins will replace fiat. Currencies will be fixed to real assets. Banks must hold REAL reserves—no more free money printing. The elites KNEW this was coming. They positioned themselves years ago. Did you?

THE CLOCK IS TICKING – WHAT COMES NEXT? The RV/GCR is approved. The QFS is activating. The biggest financial shift in history is happening NOW.

Read full post here:  https://dinarchronicles.com/2025/03/19/restored-republic-via-a-gcr-update-as-of-march-19-2025/

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

Mnt Goat   Article:   “GOVERNMENT ADVISOR: WE HAVE A LARGE FINANCIAL SURPLUS ENOUGH FOR IRAQ TO COVER TWO YEARS OF IMPORTS”  ...Mohammed Al-Najjar, the Prime Minister’s Advisor for Investment Affairs, confirmed that the Central Bank has a large financial surplus sufficient for Iraq to cover two years of imports. This does not even cover the 162 tons of gold. Tell me what small developed economies like the country of Iraq, have this much financial security, like Iraq does?

Militia Man   Article:  "...The pipeline is ready to transport any quantity specified by the Federal Ministry of Oil."  The pipeline is ready.  They're affirming it.  They're talking about within hours.  Quote: "The Iraq-Turkish pipeline was ready to transport oil from the Kirkuk fields more than a year ago...it's proved 100% readiness...The North Company says it has the ability to resume exports within hours if it receives notification from Baghdad."  That really rings true to what we've been saying...It can happen any time.  Why haven't they done it at 1310 the last year?  Why wait 2 years? Why are they talking about Article 12 2 section C?  Because it's directly related to, I believe, that valuation of oil.

FED, US DOLLAR, WALL ST. BANKS, GOLD, WAR, MIS-INFORMATION, DEVILISM... WE HAVE A PROBLEM.

Greg Mannarino:  3-18-2025

https://www.youtube.com/watch?v=ECLEkfA7aeE

SILVER ALERT! THE END OF 170 YEARS OF SILVER PRICE SUPPRESSION?! $600/oz SILVER COMING?!

 (Bix Weir)  3-18-2025

March COMEX Physical Silver Deliveries will be the highest recorded and yet Silver is priced at only 65% of it's all time high from 1980....SOMETHING IS ABOUT TO BREAK!!

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

Iraq Economic News and Points to Ponder Wednesday AM 3-19-25

To The Ministerial Council For The Economy
 
Samir Al-Nusairi  Finally, forecasts indicate that the Russian-Ukrainian war is nearing a halt with US intervention.
 
We recall that when the war broke out three years ago, oil prices soared to over $110 a barrel, resulting in a surge in oil revenues for both rentier and oil-producing countries.
 
This included Iraq, given its rentier economy.

Unfortunately, the achieved abundance was not utilized to activate the real economy.
 
Rather, operational allocations in the general budgets increased, and the deficit exceeded 60 trillion dinars.
 
Now, with the inevitable expectation that the war will soon end, oil prices will fall, and it is expected that its average price will reach less than 60 dollars per barrel.
 
And we are still without other significant sources of national income.
 
The Iraqi economy, God forbid, will enter a new economic and financial crisis.
 
We expect the deficit to rise, the inflation rate to rise, and the government will be forced to borrow domestically and abroad.
 
Borrowing from the central bank will be required,
foreign exchange reserves will decline, and
external and domestic debts will rise.
 
Since these expectations could soon be realized, they require swift action.
 
Here, we propose that the Ministerial Council for the Economy hold extraordinary sessions to discuss the expected new crisis and prepare for confrontation in a manner that preserves the path of economic, financial and banking reform and finds solutions and remedies to protect our national economy.
 
views 381     Added 03/17/2025 - 9:55 AM  https://economy-news.net/content.php?id=53476

Parliamentary Finance: The Necessity Of Activating Tax Collection Mechanisms. 

Money and Business  Economy News – Baghdad  The Parliamentary Finance Committee stressed the need to activate tax collection mechanisms, stating that this remains weak despite the multiple financial resources that could support state revenues.
 
It also urged the activation of privatization as a primary option to
 
     boost revenues and
     reduce operational burdens on the government.
 
Committee member Jamal Koujar explained in an interview with the official newspaper, followed by "Al-Eqtisad News," that
 
"tax collection is a basic resource for the state in all countries of the world,
 
but its collection in Iraq remains very weak."

He emphasized "the need to establish a comprehensive government program to ensure full collection of tax collection, and to search for new alternatives away from old mechanisms."
 
Koger pointed out that there are several issues that must be considered in this context.
 
First, a clear government program must be put in place to fully collect taxes.
 
Second, alternatives to traditional mechanisms must be sought.
 
Third, incentives must be provided to those who collect taxes, as well as those who pay them.
 
Finally, privatization represents the optimal solution to fully collect taxes.
 
Koger added that privatization will help the government in two key areas:
 
     first, reducing the burdens associated with hiring, and
     second, reducing operating expenses.
 
He emphasized that these mechanisms, if implemented in practice, could yield significant positive returns.
 
The member of parliament pointed out that the expected revenues from these reforms will depend on the mechanism implemented by the government.
 
If it opts for privatization, this will boost state revenues and reduce its financial burdens.
 
views 66     Added 03/18/2025 - 8:54 AM  https://economy-news.net/content.php?id=53522

Kazan Forum: A New Mechanism To Attract Investments From Islamic Countries And Iraq
 
Economy    WAA  The Russian market has become more open to halal investments.
 
Since 2023, regions in the Russian Federation have witnessed a successful experiment in partnership financing, leading to the development of a new mechanism to attract investments from Islamic countries.
 

Now, plans are underway to expand this experiment and extend it until the fall of 2028.
 
The Russian Parliament announced plans to extend the experiment for an additional three years, expanding the list of Sharia-compliant financial transactions, including mutual property insurance.
 
These amendments are expected to enhance the attractiveness of Islamic finance, attracting investors from OIC countries, including Iraq.
 
Statistics indicate that the volume of Islamic banking transactions will double by 2024 in the Republic of Tatarstan, one of four Russian regions implementing the experiment.
 
According to Taliya Minullina, head of the Tatarstan Investment Development Agency, the experiment could become permanent.
 
Investments through Islamic finance in Russian projects are estimated at more than $10 billion, and experts expect this figure to grow tenfold in the next two years.
 
Mignolina also emphasized that the formation of an Islamic financial market in Russia will boost investment and create a more stable environment.
 
To ensure the success of this initiative, Islamic finance specialists are being trained in cooperation with AAOIFI, the Bahrain-based organization responsible for Islamic financial accounting standards.
 
Work is also underway to launch a Sharia-compliant halal investment platform, in partnership with two Arab institutions, to finance startups in Russia and the Commonwealth of Independent States (CIS).
 
The platform is scheduled to launch in May 2025.
 
With the growth of Islamic finance, trade between Russia and the Islamic world has witnessed a significant increase, reaching $106 billion during the first nine months of 2024, of which $5.9 billion was for Tatarstan alone, marking a 40% increase compared to the previous year.
 
According to Abdullah Platik, Secretary General of the General Council for Islamic Banks, recent years have witnessed a growth in the number of transactions between Russia and OIC countries, which enhances opportunities for future cooperation.
 
Further development of Islamic finance in the Russian Federation in the near future may raise economic relations with countries of the Global South to a new level.   https://www.ina.iq/230205--2025-.html   

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

Seeds of Wisdom RV and Economic Updates Wednesday Morning 3-19-25

Good Morning Dinar Recaps,

FOMC MEETING TODAY: WILL POWELL’S SPEECH TRIGGER A CRYPTO RALLY OR SELL-OFF?

Bitcoin dropped below $83,000 early Wednesday, while Ethereum, Solana, and XRP saw slight ups and downs. The Market Fear & Greed Index hit 23, showing traders are feeling cautious as the market stays uncertain.

The current situation is keeping the crypto market on edge as the Federal Open Market Committee (FOMC) meeting nears its conclusion today. Investors are closely watching the Federal Reserve’s decision on interest rates, as any shift in policy could send ripples through the market. While most analysts expect rates to remain between 4.25% and 4.5%, the Fed’s outlook for future cuts is the real wildcard.

No Rate Cuts Yet, But Hints Matter

Fed Chair Jerome Powell has repeatedly stressed caution, pointing to inflation and economic uncertainty as reasons to hold rates steady. Current expectations suggest that meaningful rate cuts might not come until mid-2025. However, Powell’s post-meeting statements could shape investor sentiment. If he hints at easing sooner than expected, risk assets like Bitcoin and altcoins could see a surge. On the other hand, a continued hawkish stance may add selling pressure to the market.

However, as per QCP Capital’s latest report, they don’t expect a surprise rate cut from the Fed but warn that any dovish hint from Powell could drive markets higher. Investors are shifting money away from Bitcoin and NASDAQ stocks and into European and Chinese markets, signaling a possible change in capital flows. The market’s reaction after the FOMC meeting could determine the next big move for risk assets.

Bitcoin in a Tight Spot

Bitcoin has been fluctuating around $85K, with traders preparing for potential turbulence. Higher interest rates generally favor traditional investments like bonds and savings accounts, pulling capital away from speculative assets such as crypto. If the Fed sticks to its high-rate policy, liquidity may tighten further, which could lead to a market downturn.

Can Altcoins Benefit from Rate Cut Signals?

Despite concerns, a shift in Fed policy could spark optimism. The U.S. Consumer Price Index (CPI) has declined from 3.1% to 2.8%, indicating some progress on inflation. If Powell acknowledges this trend and suggests that rate cuts are coming soon, risk appetite could increase, benefiting altcoins in particular.

The next 24 hours are crucial. If the Fed doubles down on its hawkish stance, crypto markets may face further losses. However, if there’s a signal of rate cuts in the near future, the market could rally. Investors are watching Powell’s every word, as his tone will dictate the next big move in crypto.

@ Newshounds News™
Source:  Coinpedia

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BRICS: NEW COUNTRY PLANS TO REDUCE 25% OF TRADE WITHOUT US DOLLAR

The number of countries apart from BRICS that are planning to ditch the US dollar for trade and commerce is increasing alarmingly. Developing countries worldwide are looking to use local currencies and sideline the greenback for cross-border transactions. This adds pressure on the USD as it could lose out on the supply and demand mechanism in the currency markets.

If more nations end reliance on the currency, the cost of daily essentials could skyrocket in the homeland. The USD stands at the crosshairs of a global change that could dim its lights and send it towards the path of decline.

BRICS: Venezuela Says 25% of Trade Can Be Conducted Without the US Dollar

Venezuelan Foreign Minister Yvan Gil said that 25% of trade can be conducted without depending on the US dollar. He cited that local currencies can be used for trade among like-minded nations to boost their overall economies. He spoke highly of the BRICS alliance saying that the bloc ushered the world into a new financial era

“At least 25% of global trade operations can be conducted without being tied to the dollar which will be a significant step towards greater financial independence of countries subject to sanctions,” said Gil. He noted that the development became possible with BRICS as the rise of a multi-polar world brought changes in trade settlements.

However, despite attempts to join BRICS, Venezuela was denied entry into the bloc. The upcoming summit in July could decide its fate as Brazil chairs the discussions.

In conclusion, one thing is clear, BRICS is providing confidence to developing countries to ditch the US dollar. Emerging economies find the de-dollarization ideals daring and lucrative that can change the global financial order.

@ Newshounds News™
Source:  Watcher Guru

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“Tidbits From TNT” Wednesday Morning 3-19-2025

TNT:

Tishwash:  The Central Bank of Iraq lists the reasons for the decline in foreign exchange reserves.

The Central Bank of Iraq announced on Wednesday a decline in its foreign exchange reserves during the third quarter of 2024, explaining the reasons behind this decline.

The bank stated in a report seen by Shafaq News Agency that "Iraq's foreign currency reserves decreased by 0.52% during the third quarter of 2024, reaching 143.35 trillion dinars, compared to the same period in 2023, when reserves reached 144.10 trillion dinars."

The bank attributed this decline to "the Central Bank's resort to withdrawing cash liquidity from the market through enhanced cash sterilization operations, as part of its efforts to maintain monetary stability."

The report added, "As a result of these measures, cash receipts increased from 18.46 trillion dinars to 20.09 trillion dinars during the same period." 

He also pointed out that "the decline in oil prices from $82.2 to $77.3 during the same period was another factor in the decline in foreign reserves."

The bank explained that "the increase in receipts led to the depletion of a portion of net foreign reserves, and the issued currency increased from 100.06 trillion dinars to 104.13 trillion dinars, as a result of the increase in public spending, which in turn led to an increase in public debt."

The Central Bank emphasized that "despite this decline, it still possesses large net foreign reserves relative to the money supply, which makes it relatively secure, according to international financial standards that set a minimum of 20%."

It is worth noting that the internal monetary sterilization policy involves the central bank selling or buying financial assets in foreign currency with the aim of avoiding impacting the monetary base and limiting the effects of inflation resulting from cash flows.  link

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Tishwash:  With the participation of the Minister of Finance, the meetings of the International Debt Management Conference resume in Geneva

The 14th session of the International Debt Management Conference, organized by the United Nations Conference on Trade and Development (UNCTAD), resumed in Geneva from March 17 to 19, 2025, with the participation of Finance Minister Taif Sami.

The meetings covered several important topics, most notably "Governance, Accountability, and Transparency in a World of Financial Constraints," "The Relationship between Debt and Climate: Innovative Debt Tools for Managing Financial Risks,"

"Enhancing Debt Transparency: Rethinking Reporting and Ensuring Standards," and "Strategies for Managing Institutional Challenges to Establish a Sustainable Debt Management Office."  link

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Tishwash:  What are the reasons for the increasing presence of Egyptian companies in Iraq?... Clarification from Al-Sudani's advisor

 On Tuesday, the Prime Minister's economic advisor, Mazhar Mohammed Salih, commented on the reasons for the recent increase in the presence of Egyptian companies in Iraq, stressing that the reason is due to the economic reforms and stability the country is witnessing.

Saleh said, "The capital wealth of countries is measured by several indicators, including the extent of physical capital accumulation, particularly in the construction sector." He noted that "Egypt is a leading country in this field, with its construction companies achieving significant success in development projects within Egypt, which has prompted them to expand their activities regionally."

He added, "The services program adopted by the Sudanese government as part of comprehensive economic reforms has contributed to creating an attractive investment environment for foreign companies, encouraging Egyptian companies to enter the Iraqi market strongly and contribute to development and reconstruction projects."

The economic advisor explained that "the political and economic stability in Iraq has boosted the confidence of foreign and Arab investors, including Egyptian companies, who have found promising opportunities to contribute to the implementation of major projects." He noted that "the strong historical relations between Iraq and Egypt have played a significant role in strengthening economic cooperation between the two countries."

Saleh pointed out that "the services government, headed by Al-Sudani, has placed economic facilitation and reforms at the top of its priorities, which has contributed to creating the appropriate environment for Egyptian companies to enter the Iraqi market and participate effectively in reconstruction and development projects."

On January 30, 2025, Iraqi Prime Minister Mohammed Shia Al-Sudani and his Egyptian counterpart, Mostafa Madbouly, sponsored the signing ceremony of a number of memoranda of understanding between the two countries.

The bilateral memoranda between Iraq and Egypt included 12 paragraphs, the most prominent of which were related to trade, transportation, issues related to culture and antiquities, and other details  link

Mot .............. Moving On!!! 

Mot: Yeppers!!! -- the Time has Come!!! 

MilitiaMan & Crew-Iraq Dinar News-ASYCUDA System-Single Window-WTO-Digital Dinar-Global Financial Transformations

MilitiaMan & Crew-Iraq Dinar News-ASYCUDA System-Single Window-WTO-Digital Dinar-Global Financial Transformations

3-18-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

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

Iraq Economic News and Points to Ponder Tuesday Evening 3-18-25

Monetary Policy In Iraq And Opportunities For Monetary Stability And Digital Transformation
 
Reports  Samir Al-Nusairi   Today, the Emirati economic magazine Investments, widely circulated in the Arab world, Egypt, and North Africa, published an exclusive analytical study prepared by Counselor Samir Al-Nusairi, a member of the World Union of Arab Bankers.
 
The study highlighted several factors, most notably monetary policy, opportunities for monetary stability, and digital transformation.  The study highlighted the economic changes that occurred after 2003, when the need for radical reform of the Central Bank emerged.

A new law was issued, affirming its independence and consolidating its essential role in protecting the country's resources.
 
Defining its tasks in combating money laundering and terrorist financing attempts, which are at the forefront of the challenges facing the Central Bank of Iraq.
 
It also aims to maintain the bank's independence, enable it to perform its mission without government interference, and make it an effective institution that guarantees the interests of society as a whole.
 
In addition to its control over the stability of the exchange rate and management of the money supply, she pointed out that the process of selling foreign currency requires a deep understanding in light of the major accusations the bank is facing without evidence proving the existence of suspicions of corruption, money laundering, or currency smuggling.
 
She added that selling currency is a waste of public funds, as this description does not relate to economic science.
 
She explained that the Central Bank of Iraq is concerned with financial stability, managing the payments system, managing foreign reserves, and licensing and monitoring banks and financial institutions, as it is responsible for establishing preventive controls, in addition to other tasks related to currency issuance and publishing data, indicators, and economic forecasts.
 
And managing monetary policy, which aims to stimulate the national economy, balance the balance of payments, and achieve monetary stability.
 
She noted that monetary stability represents the starting point for economic stability, which requires monetary stability, embodied in the monetary authority's ability to achieve price stability at targeted levels.
 
The study, prepared by "Consultant Samir Al-Nusairi," revealed the challenges facing monetary policy, most notably the rentier economy, which relies on 95% of general budget revenues, and the weak activation of the real sector and other productive sectors.
 
The study pointed out that financing the state's general budget deficit represents the greatest challenge facing monetary policy, and is inversely proportional to the independence of the Central Bank, as this deficit is financed by the bank purchasing treasury bills and rediscounting them.
 
The Central Bank has deducted treasury transfers from the end of 2015 to the present for the purpose of paying salaries and dues to contractors and farmers.

The study pointed out that the financial markets, stock and bond markets, capital markets, and money markets are limited, which misses opportunities to invest local savings and limit the phenomenon of hoarding and withdrawing liquidity to invest it in real sectors.
 
It pointed to the weakness of the banking system, which represents a fundamental pillar of the economy and its main link and an important arm of the Central Bank in achieving monetary stability. It confirmed the dominance of government banks in the sector by more than 80%.
 
There is also the problem of bad debts and credit concentration.
 
There is also weak institutional governance.
 
There is also the exposure to financial shocks due to the decline in real sector activity.
 
The study noted the decline in local investment and the increase in foreign savings.
 
Samir Al-Nusairi, a member of the International Union of Arab Bankers, pointed out that the Central Bank of Egypt began implementing the digital transformation in the banking sector in 2016, with clear phases included in its first, second, and third strategies.
 
Over the past two years, cooperation between the Central Bank and the government, with the personal support and follow-up of the Prime Minister and his chairmanship of the Digital Transformation Committee, has been a fundamental step toward activating and accelerating the transition to a digital government and moving from a cash economy to a digital economy.
 
The amount collected from digital payments reached 7.6 trillion Iraqi dinars in October 2024, up from 2.6 trillion Iraqi dinars in December 2023.
 
The rate of digital transformation and electronic payments increased to 48.5%, compared to 20% in previous years.
 
The study continued that Iraq now has an advanced infrastructure capable of accommodating electronic payment tools and financial services.
 
It will soon transition to digital banks, where smartphones will drive various banking operations.
 
This transformation will facilitate financial access to services for citizens and provide vital data at the national level on the nature of transactions, their content, supervision, and compliance achieved through this comprehensive system.

The study also indicated that banking reform has now entered the transition phase to digital banks, with the Central Bank currently examining and auditing approximately 70 applications to license new digital banks in accordance with the precise controls and conditions adopted by the Central Bank.

This represents a real and promising start for technical banking development in Iraq to bridge the technical gap with countries around the world in this field.
 
The study pointed out that the current phase is witnessing significant development in the electronic payment system through an increase in the number of ATMs, which exceeded 4,000, the number of electronic cards issued exceeded 17 million cards, the number of POS devices reached approximately 63,000 devices, and the number of credit wallets also increased.
 
It explained that the
 
financial inclusion rate rose to 40% after it was 20% two years ago, and that
 
Iraqi banks are currently witnessing qualitative transformations in their banking operations, especially with regard to future banks that will transform from traditional entities to smart digital platforms and issue digital financial identities that facilitate financial transactions without the need for banks.
 
It stated that the financial and banking system will witness a decline in paper currencies to be replaced by digital payments for central banks, and that
 
the Central Bank is moving to create its own digital currency to gradually replace the paper process, as is happening in some central banks around the world.
 
It is also working to establish a data center in Iraq similar to the major centers in the world, considering it in the digital economy the basis for artificial intelligence, applications, big data analysis and the Internet, and that the Central Bank of Iraq has begun promising steps in this direction.     https://economy-news.net/content.php?id=53283    

The Role Of Electronic Payment In Strengthening Our Banking System
 
Dr. Haitham Hamid Mutlaq Al-Mansour
 
In light of the rapid technological developments witnessed worldwide, financial and banking systems are facing radical transformations aimed at enhancing efficiency, transparency, and financial inclusion.
 
Among these transformations, the electronic payment system stands out as a fundamental pillar in reforming banking systems, especially in developing countries like Iraq.

The Iraqi banking system, which has suffered for many years from structural challenges and weak infrastructure, has begun to witness positive transformations thanks to the adoption of electronic payment technologies.
 
Electronic payment affects the banking system in general through:
 
1. Increased confidence in the banking system: Electronic payments enhance customer confidence in the banking system by providing secure and fast payment methods.
 
When individuals feel their financial transactions are secure and easy to conduct, they are more likely to deposit their money in banks rather than keeping it in cash.
 
2. Promoting financial inclusion: Electronic payments facilitate access to banking services for individuals and small businesses, especially in remote areas or areas with a lack of bank branches.
 
When more people can open bank accounts and conduct financial transactions easily,
this leads to increased deposit rates, as
 
depositing money in banks becomes more attractive than keeping it outside the banking system.
 
3. Reducing reliance on cash: In economies that rely heavily on cash, deposit rates are relatively low due to the widespread cash culture.
 
By adopting electronic payments, reliance on cash can be reduced and individuals and businesses can be encouraged to deposit their money in banks, leading to higher deposit rates.
 
4. Improving the efficiency of banking operations: Electronic payments reduce banks' operational costs, as they eliminate the need for traditional branches and their staff.
 
This improvement in efficiency can translate into better returns on deposits, making them more attractive to savers.
 
5. Increased transparency and anti-corruption: Electronic payments enhance transparency in the financial system, as financial transactions become recorded and monitored.
 
This reduces the risk of corruption and tax evasion, enhancing customer confidence in the banking system and encouraging deposits.
 
Global data clearly demonstrates the strong positive relationship between the spread of electronic payments and increased deposit rates in the banking system.

It is noted that countries that have adopted effective electronic payment systems, such as China, India, and Kenya, have seen significant increases in deposit rates, demonstrating the impact of electronic payments on the banking system. This is as follows:
 
1. China:
 
It is one of the most advanced countries in the field of electronic payments, with more than 80% of the population relying on platforms such as Alipay and WeChat Pay.
 
According to World Bank reports, deposit rates in China have increased significantly with the spread of electronic payments, with the deposit-to-GDP ratio reaching more than 180% in 2022.
 
Electronic payments have contributed to increased financial inclusion, with the number of bank accounts increasing from 64% in 2011 to more than 90% in 2022.
 
2. India:
 
Following the launch of the Unified Payments Interface (UPI) system in India, bank deposits increased significantly.
 
In 2022, the deposit-to-GDP ratio reached 75%, up from 60% in 2016.
 
Electronic payments have contributed to an increase in the number of bank accounts from 35% in 2011 to more than 80% in 2022.
 
3. Kenya:
 
Kenya is a pioneer in the use of mobile payments through M-Pesa.
 
Bank deposits have increased from 20% in 2007 to more than 70% in 2022, thanks to the spread of electronic payments and increased financial inclusion.
 
4. Sweden:
 
Sweden is one of the countries with the highest reliance on electronic payments, with cash transactions accounting for less than 1% of total transactions.
 
Meanwhile, the Swedish deposit-to-GDP ratio is around 90%, reflecting high confidence in the banking system.
 
In Iraq, the deposit-to-GDP ratio remains relatively low compared to other countries, recording a 9% decline.
 
However, since 2024, the banking sector has begun to witness a significant decline in the total value of deposits, with a 9% decline from IQD 133.5 trillion in 2023 to IQD 123.5 trillion in 2024.
 
This decline is despite the increase in the number of bank accounts following the widespread adoption of electronic payments, which rose from 23% to approximately 50% in just a few years.
 
This reveals the reasons behind the decline in the value of deposits in the banking system, especially in light of the Central Bank's move to promote electronic payment tools and increase reliance on the banking sector.
 
This poses significant challenges for the government to address, developing medium- and long-term plans, and adopting supportive policies to address these challenges, which include the following:
 
1. Weak technological infrastructure: Iraq's telecommunications and internet networks continue to suffer from quality and coverage issues, hindering the effective implementation of electronic payment systems.
 
2. Low levels of financial literacy: A large portion of the population relies on cash transactions due to a lack of sufficient awareness of the benefits of electronic payment and how to use it.
 
3. Lack of a legal and regulatory framework: The implementation of electronic payment requires clear laws and regulations that govern electronic payment operations, protect consumer rights, and facilitate and enhance the flexibility of payment processes.
 
4. Security concerns: Some individuals still fear the risks of cyber-hacking and data theft, which limits their use of electronic payments.   https://economy-news.net/content.php?id=53398 

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

Seeds of Wisdom RV and Economic Updates Tuesday Evening 3-18-25

Good Evening Dinar Recaps,

SEC COULD AXE PROPOSED BIDEN-ERA CRYPTO CUSTODY RULE, SAYS ACTING CHIEF

Acting SEC chair Mark Uyeda said he’s asked his staff to look at possibly withdrawing a proposed crypto custody rule for investment advisers.

The US Securities and Exchange Commission could change or scrap a rule proposed under the Biden administration that would tighten crypto custody standards for investment advisers, according to the agency’s acting chair, Mark Uyeda.

In prepared remarks to an investment industry conference in San Diego on March 17, Uyeda said the rule proposed in February 2023 had seen commenters express “significant concern” over its “broad scope.”

“Given such concern, there may be significant challenges to proceeding with the original proposal. As such, I have asked the SEC staff to work closely with the crypto task force to consider appropriate alternatives, including its withdrawal,” Uyeda said.

The rule was floated under the Biden administration during Gary Gensler’s tenure leading the regulator. It aimed to expand custody rules for investment advisers to any and all assets held for a client, including crypto, and upped the requirements to protect them.

This meant that investment advisers would have to custody their clients’ crypto with a qualified custodian. Gensler said at the time that investment advisers “cannot rely on” crypto platforms as qualified custodians due to how they operate.

The proposal caused friction with Uyeda and Commissioner Hester Peirce, along with industry advocacy bodies who claimed the rule was unlawful and dangerous.

“How could an adviser seeking to comply with this rule possibly invest client funds in crypto assets after reading this release?” Uyeda remarked at the time. He did, however, support the proposal despite disagreeing “with a number of provisions.”

Peirce, who was the sole commissioner of the five to vote against the rule, said at the time that the proposed rule “would expand the reach of the custody requirements to crypto assets while likely shrinking the ranks of qualified crypto custodians.”

Uyeda’s latest remarks come days after he said on March 10 that he had asked SEC staff “for options on abandoning” part of a proposal pushing for some crypto firms to register with the regulator as exchanges.

The Trump-era SEC has also killed a rule that asked financial firms holding crypto to record them as liabilities on their balance sheets, called SAB 121.

In December, President Donald Trump picked former SEC Commissioner Paul Atkins to take over from Uyeda to chair the agency. This is now a step closer, with a Senate hearing reportedly slated for March 27.

@ Newshounds News™
Source:  Cointelegraph

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BITCOIN AND NASDAQ SLUMP WHILE GOLD HITS NEW HIGHS – MARKET TRENDS TO WATCH

▪️US stock indices (Nasdaq) have declined in early 2025, mirroring a drop in Bitcoin's value.

▪️Gold has surged, and Peter Schiff predicts further Nasdaq declines will drive Bitcoin down significantly, while gold rises.

▪️Schiff argues gold is a safer hedge than Bitcoin during market instability, predicting a major Bitcoin crash and gold surge.

Since the start of 2025, the Nasdaq Composite Index has dropped by 8.21 percent, while the Nasdaq 100 Index has fallen by 6.16 percent. Bitcoin hasn’t fared any better, sliding 11.25 percent. Meanwhile, gold is on a steady rise, gaining at least 15.1 percent.

With uncertainty gripping the markets, investors are scrambling for safe-haven assets. Gold advocate Peter Schiff believes this is just the beginning. He warns that if the Nasdaq enters a bear market, Bitcoin could plunge to 65,000 dollars—or even as low as 20,000 dollars. At the same time, he predicts gold could soar past 3,800 dollars as investors move away from riskier bets.

Let’s take a closer look.

Bitcoin Faces Growing Pressure

Over the past 30 days, Bitcoin has fallen by about 14.3 percent, including a 0.5 percent drop in just the last 24 hours.

Bitcoin skeptic Schiff warns that if the Nasdaq falls 20%, Bitcoin could drop to $65,000. He also points out that a deeper stock market crisis could pull the BTC price to a low of $20,000 or even lower.

Schiff sees similarities between today’s market and past financial downturns.

Could History Repeat Itself?

Schiff compares the current market to previous major crashes in the United States:

▪️In 2008, during the Global Financial Crisis, the Nasdaq fell 55 percent.

▪️During the COVID crash of 2020, it dropped by 30 percent.

▪️When the dot-com bubble burst, the market collapsed by 80 percent.

Based on these past trends, Schiff argues that Bitcoin is at risk of following the stock market downward.

Gold is Gaining Strength

At the start of this year, the gold spot price was $2,623.954. Since then, the gold market has registered a rise of no fewer than 15.1%.

Schiff notes that there is an inverse relationship between the US market and the gold market.

He forecasts that if the Nasdaq drops further, the price of gold could reach as high as $3,800 per ounce.

Bitcoin vs Gold: Which is the Better Hedge?

Schiff remains firm in his belief that Bitcoin is not a reliable hedge against stock market instability. If gold keeps rising while Bitcoin struggles, he believes many investors will turn away from Bitcoin in favor of gold.

He also warns that major institutional investors—including governments, ETFs, and companies like Strategy – may start reducing their Bitcoin holdings if its price continues to drop.

Will Gold Finally Outperform Bitcoin in 2025?

In conclusion, Schiff maintains that Bitcoin is headed for a major crash, while gold is poised to surge. While the crypto market has defied pessimistic predictions before, Schiff remains firm in his belief that gold will outperform Bitcoin in the long run.

Notably, in 2024, the gold market recorded a growth of just 27.21%, while the BTC market registered a rise of at least 121.28%.

History favors gold, but Bitcoin has rewritten the rules before. This showdown isn’t ending anytime soon.

@ Newshounds News™
Source:  Coinpedia

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FRANK26….3-18-25…….TRUMP CARD

KTFA

Tuesday Night Conference calls

FRANK26….3-18-25…….TRUMP CARD

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

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

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

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE=IMPLEMENTATION

https://www.youtube.com/watch?v=JyU0UNFhNeU

Tuesday Evening News with MarkZ. 03/18/2025

Tuesday Evening News with MarkZ. 03/18/2025

Mark has been taken off youtube for a week. So try Rumble and Twitch this week to find him

The rolling chat does not work well on Rumble…so cannot easily post member questions or comments…  Notes will be very short this week.

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Many are still saying tonight into tomorrow for our announcements

MZ: How are the boards out there today? Are they mentioning all the jets in Reno? The jets in Columbia?  The jets in Zurich?

Member: Hearing from Reno that there's no place to park your jet....

MZ: Are they mentioning rumors out of the Reno area…..that  it was this afternoon ? My contacts there say it is really exciting and yes…there was a lot of traffic but, they were not hearing of a release this afternoon.

MZ: I can imagine the rumors are Coocoo crazy right now.  I don’t know if this is our week…but sure looks like they are zoning in on it. I am hearing wonderful positive things…but have not heard it has started on the currency side yet.

MZ: I do have bond contacts that have gone completely quiet since yesterday afternoon. I take it a positive sign that they are not allowed to respond. I am going straight to voicemail.

Member: Wolvie said BONDS paying out

MZ: “ 145 billion barrels-Iraq will lead the world in oil reserves in 2025”  More oil reserves than Kuwait or Saudi Arabia. This is huge.

MZ: “The budget law soon to go to parliament” They are saying its mere days. Another article says they are expecting the budget in parliament this weekend.

MZ: In this budget I was to expect the rates. I hope that turns out to be accurate.

MZ: “Banking operations across India to be disrupted for 4 days”  they are shutting down the banking operations.  They say it’s because of a banking strike. Is it that – or is it a reset? It certainly is a convenient time to make a change.

MZ: “UBS auditor warns over banks financial reporting controls”  Will this trigger a possible bank run or collapse in Europe? I am surprised markets did not crash today over this kind of news.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

https://www.twitch.tv/theoriginalmarkz

https://rumble.com/user/theoriginalmarkz

Kick:  https://kick.com/theoriginalmarkz

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

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

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

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

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

https://rumble.com/v6quorw-evening-news-with-markz.-03082025.html?e9s=src_v1_upp

Iraq Economic News and Points to Ponder Tuesday Afternoon 3-18-25

The Iraqi Market Is Witnessing Remarkable Activity With More Than 1.3 Billion Shares Traded

Stock Exchange   Economy News – Baghdad  The Iraq Stock Exchange witnessed remarkable activity in trading volume today, with the number of traded shares reaching more than 1.3 billion shares.

The value of shares traded during today's session exceeded 2.4 billion Iraqi dinars.

According to market data, the number of listed deals reached 684, reflecting the vitality of trading and investor activity in the market.  https://economy-news.net/content.php?id=53534

The Planning Ministry Is Discussing With The German Development Bank And The International Organization For Migration The Mechanisms Of The Program To Support Small And Medium Enterprises In Iraq.

Tuesday, March 18, 2025 1:00 PM | Economic Number of reads: 210   Baghdad / NINA / The Ministry of Planning discussed with the German Development Bank and the International Organization for Migration the mechanisms of the program to support small and medium enterprises in Iraq.

The ministry explained in a statement: "The ministry held a meeting today, Tuesday, in the presence of representatives of the German Development Bank and the International Organization for Migration, as well as the Ministry of Labor and Social Affairs, to discuss the mechanisms of the program to support small and medium enterprises, which is implemented in Iraq by the International Organization for Migration.

Director General of the International Cooperation Department, Saher Abdul-Kazem Mahdi, said according to the statement: "This program is being implemented in Iraq in several phases by the International Organization for Migration, which targets all Iraqi governorates in five main sectors, including youth projects, women, creativity, renewable energy, and agriculture."

He added that the program aims to achieve development at the economic and social levels, indicating that the program supports groups wishing to work and develop their businesses, in partnership with the United Nations and the German side. /   https://ninanews.com/Website/News/Details?key=1192575

The Parliamentary Finance Committee Calls For Activating Tax Collection And Adopting Privatization To Boost Revenues.

Buratha News Agency135 2025-03-18   The Parliamentary Finance Committee stressed, on Tuesday, the need to activate tax collection mechanisms, stressing that this file remains weak despite the multiple financial resources that could contribute to supporting state revenues.

The committee also urged the activation of privatization as a primary option to boost revenues and reduce operational burdens on the government. Committee member Jamal Kocher explained in a statement to the official agency that tax collection is a basic resource for the economies of countries, but in Iraq it still suffers from weak collection.

 He stressed the need to develop a comprehensive government program that guarantees the full collection of tax, while searching for new alternatives away from traditional mechanisms.

Koger also pointed out that several factors must be considered, including establishing a clear government program for tax collection, exploring alternatives to traditional mechanisms, and providing incentives for both tax collectors and those responsible for paying them. He emphasized that privatization represents the optimal solution to ensure full tax collection.

He added that privatization will help the government reduce the burdens associated with hiring and lower operating expenses, noting that the practical implementation of these mechanisms could yield significant positive returns.

He emphasized that the size of the expected revenues from these reforms will depend on the mechanism implemented by the government, explaining that the move toward privatization will boost state revenues and reduce its financial burdens.   https://burathanews.com/arabic/news/457750

With Iraq's Participation, The International Debt Management Conference Resumes In Geneva.

Money and Business   Economy News - The 14th session of the International Debt Management Conference, organized by the United Nations Conference on Trade and Development (UNCTAD), resumed in Geneva from March 17 to 19, 2025, with the participation of Finance Minister Taif Sami.

The meetings included a number of important topics, most notably (governance, accountability, and transparency in the world of financial constraints), as well as (the relationship between debt and climate: innovative debt tools for managing financial risks).

The meetings also included the theme (Enhancing Debt Transparency: Reconsidering Reporting and Ensuring Standards) in addition to the theme (Strategies for Managing Institutional Challenges to Establish a Sustainable Debt Management Office).  https://economy-news.net/content.php?id=53536

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

Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 3-18-25

Good Afternoon Dinar Recaps,

RIPPLE’S NEW TRADEMARK FILING SPARKS SPECULATION ON UPCOMING CRYPTO WALLET

▪️Ripple's "Ripple Custody" trademark hints at new crypto asset storage and management services for institutions.

▪️With the crypto custody market set to hit $100B, Ripple’s move could expand its influence beyond payments into secure asset management.

Ripple Labs, the blockchain company behind the XRP token, has officially filed for a new trademark for the word mark ‘Ripple Custody.’ 

The filing, submitted on February 25, 2025, with the United States Patent and Trademark Office (USPTO), includes a broad range of services. Ripple seeks to offer downloadable software for the custody, transmission, and storage of various currencies, including cryptocurrency, fiat currency, virtual currency, and digital currency. The trademark also covers financial services related to the safekeeping of these assets for financial management purposes.

Expanding into Crypto Custody Services

Ripple’s application includes offerings in multiple categories, including:

▪️Downloadable software for custody and transmission of various digital currencies.

▪️Custodial services, maintaining the storage and possession of digital and fiat currencies for financial management.

▪️Peer-to-peer network services, enabling the electronic transmission of financial data over networks for custody and storage.

▪️Software as a Service (SaaS), providing temporary online software for cryptocurrency custody, transmission, and storage.

Ripple’s recent trademark filing for “Ripple Custody” has sparked speculation about whether the company will launch a crypto wallet.

The filing shows that Ripple is focused on offering secure storage and management for digital assets. While it doesn’t directly mention a wallet, this move suggests Ripple may expand its services to include wallet features in the future, helping users and businesses manage their cryptocurrencies more securely.

The application is currently in its early stages, with a status of “New Application” and no examiner yet assigned. While the filing process can take several months, Ripple’s move into custody services could further bolster its position within the crypto ecosystem, expanding its reach beyond cross-border payments to secure asset management solutions.

Growing Market for Secure Digital Asset Custody

The global cryptocurrency custody market is expected to surge to $100 billion within the next decade, driven by growing institutional adoption and increasing regulatory clarity.

As the demand for secure asset storage solutions rises, Ripple’s strategic moves to expand in this space position the company well to meet the needs of institutional clients, who require secure custody services for their digital assets.

@ Newshounds News™
Source:  Coinpedia

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US HEADING FOR ‘FUTURE UPHEAVAL’ DUE TO ITS EMBRACE OF CRYPTO, SAYS ECB GOVERNING COUNCIL MEMBER: REPORT

The Trump Administration’s embrace of crypto is reportedly putting international financial stability at risk, says Francois Villeroy de Galhau, a member of the European Central Bank’s (ECB) Governing Council.

Villeroy de Galhau tells the French news outlet La Tribune Dimanche that the US “risks sinning through negligence,” according to Bloomberg.

“Financial crises often originate in the United States and spread to the rest of the world. By encouraging crypto-assets and non-bank finance, the American administration is sowing the seeds of future upheavals.”

The ECB official, who serves as governor of France’s central bank, also argues that Europe isn’t at risk of a banking crisis because the European Union (EU) is doing a superior job of supervising crypto.

The ECB has also been pushing for a digital euro to counter US President Donald Trump’s embrace of dollar-pegged private sector stablecoins.

ECB board member Piero Cipollone said at a conference in January that Trump’s new executive order on crypto could drive people away from banks.

“I guess the key word here (in Trump’s executive order) is worldwide. This solution, you all know, further disintermediates banks as they lose fees, they lose clients… That’s why we need a digital euro.”

However, vocal opposition to the ECB’s digital euro project swelled after the institution’s payment system crashed last month.

TARGET2 (T2), the ECB’s real-time gross settlement system, went down in late February, which prevented payments from being processed for several hours.

German MP Markus Ferber, a member of the European People’s Party, says the outage was “a blow to the ECB’s credibility.”

“People will ask legitimate questions how the ECB will be able to run a digital euro when they cannot even keep their day-to-day operations running smoothly.”

@ Newshounds News™
Source:  DailyHodl

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps