“Tidbits From TNT” Monday Morning 10-28-2024

TNT:

Tishwash:  150,000 Kurdish employees receive their salaries digitally via the “Hisabi” system 

The Financial System Administration "Hisabi" in the Kurdistan Region announced, on Sunday, the expansion of the scope of its digital operations so that the number of beneficiaries of the system reached 150 thousand employees during the past week.

According to the official website of the "My Account" system, which Shafak News Agency has reviewed, the number is increasing monthly and 150,000 employees have received their salaries through the system, which reflects the continuous growth in the adoption of the system to facilitate the process of disbursing salaries through digital bank accounts.

The system is expected to include all eligible employees in the region by the end of next year, as they will be able to receive their salaries directly through their own bank accounts.

This expansion comes within the framework of the Kurdistan Region's efforts to enhance the digital infrastructure and facilitate financial transactions for citizens.  link

Tishwash:   Economist: Lowering interest rates encourages investment but carries caveats

 Economic expert Salah Nouri confirmed today, Sunday, that reducing the interest rate is one of the main tools of monetary policy used by the Central Bank to influence the economy, whether by increasing or decreasing it according to inflation or deflation rates.

Nouri explained in his interview with {Euphrates News} that “reducing the interest rate encourages individuals and companies to borrow for productive projects, which leads to stimulating the economy,” adding: “Lower interest makes the cost of loans lower, and thus encourages consumption and investment.”

Nouri pointed out that "reducing the interest rate reduces the cost of production and perhaps the prices of imported goods, which leads to a reduction in selling prices," but he warned that "reducing the interest rate may push depositors to withdraw their deposits due to the decrease in returns, and resort to alternative investments such as gold."

He added: "It is necessary for the Central Bank to monitor the money market and commodity prices to measure the level of c: Al Furat News}inflation, especially since facilitating borrowing may affect the elasticity of demand versus supply."  link

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Tishwash:  The Age of Mafia Flourishing in Iraq" .. People's Crises Strengthen the Positions of Currency Smuggling Gangs - Urgent

Economic expert Nasser Al-Kanani confirmed today, Sunday (October 27, 2024), the existence of mafias exploiting crises in Iraq and the region in order to increase currency smuggling operations.

Al-Kanani told Baghdad Today, "As soon as the war in Lebanon and Gaza escalated and security tensions in the region as a whole, specialized mafias emerged that work to exploit such security conditions in order to increase the process of smuggling currency from Iraq. There are different methods for this smuggling, some of which are done through foreign imports, which take place outside the platform."

He added, "Iraq is working to strengthen its national currency, but there are those who are working to weaken this currency by making the dollar very high against the national currency, and some are working to limit large commercial transactions to the dollar exclusively, and the sale of real estate, cars, etc., and this also weakens the national currency, despite all the campaigns to prevent internal transactions in dollars."

The economic expert continued, "Iraq cannot exploit conflicts and wars to strengthen its national currency, especially since it is working hard, internally and externally, to stay away from these wars. Iraq realizes the great economic danger if it enters the circle of conflict and wars."

The war on Gaza and its consequences, which included many regions of the Middle East, dealt a blow to the global economy, especially the Israeli economy, where government spending exceeded $140 billion, and it also lost approximately $15 billion from the attack on Lebanon, according to economic experts.

Speaking about the consequences of the ongoing conflict in the region on Iraq, researcher and aviation specialist Faris Al-Jawari reveals that there are significant material losses for Iraq as a result of the recent Israeli bombing of Iran.

Al-Jawari told Baghdad Today yesterday, Saturday, that "there are losses and material damages to the Iraqi air transport sector in particular and the airport sector as a result of the recent Israeli aggression on Iran, and this impact is clear and tangible during the recent period, but the recent aggression is the most dangerous as it was the reason for a complete halt to Iraqi aviation."

He explained that "the stoppage means the interruption of financial revenues that come to the Iraqi government through the passage of aircraft over Iraqi airspace, and this is worth ($450) per aircraft, and according to the latest report of the Iraqi Airports Company, approximately (600) aircraft pass over Iraq monthly, and this means that Iraq loses (270) thousand dollars per day."

He added, "There are other material losses as a result of the planes not arriving at the airports, and their failure to arrive there means providing ground services to them, and this provision is in exchange for a sum of money, and this matter is estimated at around ($2,000), and this means that there are great economic damages and losses as a result of the Israeli aggression on Iran and the general security situation in the region."

The aviation specialist confirmed that "Iraqi aircraft are the ones that are directly affected, as most companies were refusing to land at Iraqi airports, and this means that the major losses are incurred by Iraqi Airways, and there is also a service impact at the airports on passengers through the suspension of flights, and this disrupts the work of many passengers and it has economic impacts as well, of course."

Israel launched a series of air strikes on Iran early Saturday morning. Four hours after the start of the operation, which Tel Aviv called "Days of Response," the Israeli army announced that it had completed the attack on military targets in Iran, that all of its aircraft that carried out the attack on Iran had returned safely to their bases, and that the operation had achieved all of its goals.  link

Mot: .. When the Door Bell Rings 

Mot:  Trying to Do As Asked I Do!!! 

MilitiaMan & Crew News Reporting-Politics-Financial Reform-Billions Lost-Pressure-Interest- Exchange Rate Changes

MilitiaMan & Crew News Reporting-Politics-Financial Reform-Billions Lost-Pressure-Interest- Exchange Rate Changes

Sunday Night:  10-27-2024

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=FXEcg88iPdQ

“Diary of a Demented Snow Shoveler” Posted by Mot at TNT

TNT:

Mot:  Diary of a Demented Snow Shoveler

December 8 6:00 PM
It started to snow. The first snow of the season and
the wife and I took our cocktails and sat for hours by
the window watching the huge soft flakes drift down
from heaven. It looked like a Grandma Moses print. So
romantic we felt like newlyweds again. I love snow!

December 9
We woke to a beautiful blanket of crystal white snow
covering every inch of the landscape. What a fantastic
sight! Can there be a more lovely place in
the whole world? Moving here was the best idea I've
ever had!

Shoveled for the first time in years and felt like a boy again.

I did both our driveway and the sidewalks.
This afternoon the snowplow came along and covered
up the sidewalks and closed in the driveway, so I got
to shovel again. What a perfect life!

December 12
The sun has melted all our lovely snow. Such a
disappointment! My neighbor tells me not to worry-
we'll definitely have a white Christmas. No snow on
Christmas would be awful! Bob says we'll have so much
snow by the end of winter, that I'll never want to see
snow again. I don't think that's possible. Bob is such
a nice man, I'm glad he's our neighbor.

December 14
Snow, lovely snow! 8 inches last night The
temperature dropped to -20. The cold makes everything
sparkle so. The wind took my breath away, but I warmed
up by shoveling the driveway and sidewalks. This is
the life! The snowplow came back this afternoon and
buried everything again. I didn't
realize I would have to do quite this much shoveling,
but I'll certainly get back in shape this way. I wish
I wouldn't huff and puff so.

December 15
20 inches forecast. Sold my van and bought a 4x4
Blazer. Bought snow tires for the wife's car and 2
extra shovels. Stocked the freezer. The wife wants
a wood stove in case the electricity goes out. I think
that's silly. We aren't in Alaska , after all.

December 16
Ice storm this morning. Fell on my a** on the ice in
the driveway putting down salt. Hurt like h***. The
wife laughed for an hour, which I think was very
cruel.

December 17
Still way below freezing. Roads are too icy to go
anywhere. Electricity was off for 5 hours. I had to
pile the blankets on to stay warm. Nothing to do but
stare at the wife and try not to irritate her. Guess I
should've bought a wood stove, but won't admit it to
her. I hate it when she's right. I can't believe
I'm freezing to death in my own living room.

December 20
Electricity is back on, but had another 14 inches of
the d*** stuff last night. More shoveling! Took all
day The d*** snowplow came by twice.
Tried to find a neighbor kid to shovel, but they said
they're too busy playing hockey. I think they're lying.

Called the only hardware store around to see about
buying a snow blower and they're out. Might have
another shipment in March. I think they're lying.

Bob says I have to shovel or the city will have it done
and bill me. I think he's lying.

December 22
Bob was right about a white Christmas because 13 more
inches of the white s**** fell today, and it's so cold,
it probably won't melt till August. Took me 45 minutes
to get all dressed up to go out to shovel and then I
had to p***. By the time I got undressed, p***ed and
dressed again. I was too tired to shovel. Tried to
hire Bob who has a plow on his truck for the rest of
the winter, but he says he's too busy.
I think the a**h*** is lying.

December 23
Only 2 inches of snow today. And it warmed up to 0.
The wife wanted me to decorate the front of the house
this morning. What is she, nuts?!!
Why didn't she tell me to do that a month ago?
She says she did but I think she's lying.

December 24
6 inches - Snow packed so hard by snowplow, I broke
the shovel. Thought I was having a heart attack. If I
ever catch the son of a b**** who drives that snow
plow, I'll drag him through the snow by his b**** and
beat him to death with my broken shovel.. I know he
hides around the corner and waits for me to finish
shoveling and then he comes down the street at a 100
miles an hour and throws snow all over where I've just
been! Tonight the wife wanted me to sing Christmas
carols with her and open our presents, but I was too
busy watching for the d*** snowplow.

December 25
Merry Christmas! 20 more inches of the d***
slop tonight - Snowed in.

The idea of shoveling makes my blood boil. D***, I hate
the snow!

Then the snowplow driver came by asking for a donation
and I hit him over the head with my shovel. The wife
says I have a bad attitude. I think she's a idiot.
If I have to watch "It's A Wonderful Life" one
more time, I'm going to stuff her into the microwave.

December 26
Still snowed in. Why the h*** did I ever move here? It
was all HER idea.
She's really getting on my nerves.

December 27
Temperature dropped to -30 and the pipes froze;
plumber came after 14 hours of waiting for him, he
only charged me $1,400 to replace all my pipes.

December 28
Warmed up to above -20. Still snowed in. The B------  is
driving me crazy!!!

December 29
10 more inches. Bob says I have to shovel the roof or
it could cave in. That's the silliest thing I ever
heard How dumb does he think I am?

December 30
Roof caved in. I beat up the snow plow driver, and now
he is suing me for a million dollars, not only for the
beating I gave him, but also for trying to shove the
broken snow shovel up his a?. The wife went home to
her mother.
Nine more inches predicted.

December 31
I set fire to what's left of the house. No more shoveling.

4 Reasons You Should Never Rely on a Promised Inheritance

4 Reasons You Should Never Rely on a Promised Inheritance

Cindy Lamothe   Fri, October 25, 2024   GOBankingRates

Many adult children see their future inheritance as a safety net — a lump sum of money they can rely on for financial security.  But that’s the worst way you can think about it, say experts. “Counting on an inheritance to secure your financial future is akin to building a house on quicksand,” said Kevin Shahnazari, founder and CEO of FinlyWealth.

“The foundation is unstable and can disappear in an instant, leaving you vulnerable and unprepared,” he explained. “I’ve witnessed clients who postponed crucial financial planning, banking on a substantial inheritance, only to find themselves in dire straits when that inheritance failed to materialize or was significantly less than expected.

“One particularly poignant case involved a client who delayed retirement savings for years, assured by her parents of a seven-figure inheritance. When her parents’ business unexpectedly failed, not only did the inheritance evaporate, but she found herself supporting her parents financially — a double blow to her retirement plans.”

Shahnazari said this scenario underscores the unpredictability of inherited wealth and the importance of building your own financial foundation.

Marty Burbank, elder law attorney and owner of OC Elder Law has witnessed the same. “Relying on a promised inheritance to achieve financial goals is risky.”

“I’ve seen many cases where expected inheritances were drastically reduced by unexpected medical expenses, estate tax liabilities or even family disputes. In my experience with estate planning, I’ve witnessed situations where parents had to sell assets for long-term care, leaving heirs with far less than anticipated.”

Below are some more reasons why you should never rely on a promised inheritance.

It Strains Family Relationships

According to Shahnazari, relying on an inheritance can strain family relationships. “I’ve seen siblings turn against each other and children grow resentful of parents when inheritances don’t meet expectations or are distributed unevenly,” he said.

Shahnazari explained these emotional costs can far outweigh any potential financial gains.

It Fuels Complacency

Additionally, promised inheritances can lead to complacency in personal financial planning, Burbank said. “For example, in my work at OC Elder Law, I encountered clients who deferred retirement savings, thinking they would inherit a significant sum.”

He said this mindset hindered their financial growth, leaving them unprepared when the inheritance fell short.

It Can Lead To Missed Opportunities

TO READ MORE:  https://www.yahoo.com/finance/news/4-reasons-never-rely-promised-170010670.html

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 10-27-24

Good Afternoon Dinar Recaps,

INDO-PACIFIC NATIONS OUTPACING THE US IN CRYPTO REGULATION, SEC COMMISSIONER SAYS

A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that these countries have crafted clear frameworks that foster innovation while protecting investors, in contrast to the U.S., where unclear guidelines leave market participants struggling with uncertainty.

SEC Commissioner Urges US to Learn from Indo-Pacific’s Crypto Leadership
U.S. Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda compared the U.S. SEC’s regulatory approach to those of other countries, especially in the Indo-Pacific, regarding crypto and fintech, at the AIMA APAC Annual Forum in Hong Kong on Wednesday.

He stressed that while the U.S. continues to grapple with unclear regulatory frameworks for digital assets, countries like Japan, Singapore, Hong Kong, and Australia have taken a leadership role in fostering innovation while protecting investors.

Uyeda praised the regulatory advancements in the Indo-Pacific, stating: “I believe there is much to learn from market regulators in the Indo-Pacific region on how to promote these values and objectives.”

The SEC commissioner highlighted how countries in the region have crafted forward-looking regulations that balance the need for innovation with investor protection.

For instance, Hong Kong has introduced a stablecoin licensing regime, Singapore has committed $150 million to promote fintech, Japan has issued guidelines for crypto exchange supervision, and Australia has its own regulatory sandbox.

Uyeda said:

My impression is that Hong Kong, Singapore, Japan, and Australia, among others, have shown leadership in how to facilitate crypto and fintech capital formation and innovation while promoting investor protection.

The U.S. regulator emphasized that many companies have been forced to navigate these uncertainties on their own. “My view is that the SEC could do much more in addressing the key gating question of whether a crypto asset is a security.

Market participants have been forced to struggle with this analysis and decipher SEC views from various settled enforcement actions and litigation in the courts,” he detailed. 

“One concern expressed by market participants has been that the SEC has not provided sufficient guidance on key issues, such as when does a particular crypto offering need to be regulated as a security offering.”

In comparison, the SEC’s approach has been less clear, leaving market participants uncertain about key regulatory issues, Uyeda pointed out, adding:

By comparison to the Indo-Pacific region, the SEC’s current regulatory approach to crypto and related technology is less advanced.

Uyeda urged the SEC to learn from the Indo-Pacific’s proactive stance and become more transparent and engaged with the crypto industry. He pointed to fintech events and regulatory sandboxes used by regulators in the region as examples of how to support innovation. 

In contrast, the U.S. lacks a specific registration form for crypto, making the regulatory process difficult for issuers. 

Uyeda warned that the U.S. must not “bury our heads in the sand about the growing benefits and risks of crypto and financial technology,” calling for the SEC to take a more active role in addressing these challenges.

@ Newshounds News™

Source:  Bitcoin News

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WILL JAPAN LAUNCH BITCOIN AND ETHEREUM CRYPTO ETFS? KEY INDUSTRY GROUP PUSHES FOR APPROVAL

In a recent move to boost the growth of crypto investment products in Japan, a coalition of Japanese companies has recommended that any upcoming exchange-traded funds (ETFs) in the region should focus on Bitcoin (BTC) and Ethereum (ETH).

This recommendation comes as Japan debates whether to follow the US and other nations that have already approved crypto-backed ETFs.

The Push For Crypto ETF Approval
It is no more news that the recent introduction of crypto ETFs in the US and other major countries such as Hong Kong is viewed as a milestone for the digital asset industry, following years of regulatory resistance.

Despite the embrace crypto ETFs have received from these countries, Japan, on the other hand, has been so far cautious on this front, with officials from the Financial Services Agency (FSA) previously expressing reservations about the advantages of these ETFs.

However, as of October 25, a certain group, which includes prominent financial institutions appears to be pushing and urging the country’s regulator to prioritize Bitcoin and Ethereum ETFs due to their “market value and long-term performance” which make them “well-suited” for asset-building over medium to long-term horizons.

Particularly, the group’s proposal highlights the perceived reliability of Bitcoin and Ethereum, pointing out their track records, and significant market caps, which are key players in the overall digital currency market.

As Japan explores a potential shift in its stance on crypto ETFs, this coalition seems to ensure that the focus remains on well-established assets such as Bitcoin and Ethereum.

In addition to recommending that Bitcoin and Ethereum be prioritized in potential ETF offerings, the coalition also advised that Japan reconsider its tax policies on crypto income.

Japan’s tax rate on crypto gains can reach as high as 55%, which many argue is a deterrent to individual and institutional investors.

The group suggested that a separation of tax on income earned from cryptocurrencies could help make Japan a more “competitive” destination for digital currency investment.

Notably, members of this coalition include key players in Japan’s financial landscape, such as Mitsubishi UFJ Trust and Banking Corp., Sumitomo Mitsui Trust Bank Ltd., crypto exchange bitFlyer Inc., and brokerage firms like Nomura Securities Co. and SBI Securities Co.

These institutions with vast industry experience have collectively expressed their concerns and recommendations as a consensus rather than individual opinions.

The coalition’s insights come when Japan’s digital currency regulatory environment is under close examination, and the FSA has confirmed its intent to review its regulatory policies. However, this review is expected to take time and its outcome remains uncertain.

@ Newshounds News™

Source:  Bitcoinist

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RUSSIA PUBLISHES NEW CRYPTO LAW EXPANDING STATE CONTROL OVER DIGITAL ASSETS

Russia’s new crypto law amplifies state control, enabling regional restrictions, tighter infrastructure regulations, and enhanced transaction monitoring.

State Authority Over Digital Currency Grows as Russia Publishes New Law
The Russian government released a document on Friday detailing a law signed by President Vladimir Putin that broadens the scope of digital currency regulations. 

This new law significantly extends government oversight of cryptocurrency mining activities and related infrastructure across the nation.

Taking effect on Nov. 1, the legislation includes several amendments designed to strengthen oversight and impose limitations on crypto mining activities based on regional needs. 

The law enables the Russian government to implement mining restrictions by location and define specific procedures and circumstances for banning mining operations. 

A notable provision in the law gives the government the power to stop digital currency mining pools from functioning in certain areas.

Additionally, the government now has the authority to regulate infrastructure providers supporting mining operations.

This legislation also grants multiple federal agencies, beyond the Federal Financial Monitoring Service (Rosfinmonitoring), access to digital currency identifier addresses. This expansion includes federal executive agencies and law enforcement, bolstering their capability to track transactions that may be linked to money laundering or terrorist financing activities.

Moreover, the amendments transfer responsibility for the national mining register from the Ministry of Digital Development to the Federal Tax Service, which will now oversee mining registrations for businesses and remove those with repeated infractions.

 While individual miners can continue without registering if they adhere to specific electricity consumption limits, companies and individual entrepreneurs must comply with new registration requirements.

In its approach to digital currencies, Russia is advancing crypto regulations and developing a state-backed digital currency, the digital ruble. The country has legalized crypto mining and permitted cryptocurrency use in international trade, aiming to bypass sanctions and reduce reliance on the U.S. dollar in foreign exchanges. 

Putin signed legislation in August allowing experimental frameworks for cryptocurrency use in international transactions. 

This law enables legal adjustments for cross-border crypto transactions, placing oversight of pilot projects with the Bank of Russia and requiring approval from the Finance Ministry, Federal Security Service, and Rosfinmonitoring.

@ Newshounds News™

Source:   Bitcoin News 

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Economist’s “ News and Views” 10-27-2024

G7 Banking Giant Joins China’s RMB Payments System, Bypassing USD In Global Trade

Sean Foo:  10-27-2024

In a big move, UK banking Giant, HSBC, has officially joined China's interbank cross-border payment system.

This is a signal that no matter the political pressure from the US, China's economy is just too important to ignore.

Meanwhile, China is preparing for a fierce economic battle in 2025 where the stimulus bazooka could be fired again.

Timestamps & Chapters:

 0:00 UK Giant Joins China Payments System

2:57 China's Economy Too Big To Ignore

6:17 Beijing's Russian Advantage

 8:33 Yellen Scolds China Again

9:25 Unthinkable Economic War In 2025

11:57 Big Stimulus Bazooka Coming

https://www.youtube.com/watch?v=Rjr7p8PAdAY

Why Social Security Is On Borrowed Time

Lynette Zang:  10-27-2024

Today we are talking about social security and the looming crisis that's about to hit as the entire program is on borrowed time.

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

IMF WARNS “New Financial Crisis”: Your Savings at Risk

Taylor Kenny:  10-27-2024

Discover the truth behind shadow banking and the unregulated lending sector threatening global financial stability. Learn how shadow banks, which operate outside traditional regulations, pose a significant risk to your savings and financial security.

Find out why financial experts are warning of a potential crisis and what you can do to protect yourself.

CHAPTERS:

00:00 Introduction to Shadow Banking

00:35 The Growing Threat of Shadow Banks

 01:09 The Size and Scope of Shadow Lending

02:22 Lack of Regulation and FDIC Limitations

 03:37 IMF Warnings on Shadow Banking Risks

04:12 Traditional Banks’ Risk from Shadow Banking

05:24 Increased Volatility as the New Norm

06:33 Potential Economic Fallout and Hyperinflation

 08:12 Protecting Wealth Outside the System

 08:50 How to Take Action for Financial Security

09:52 Conclusion

https://www.youtube.com/watch?v=SC9ZtwasAng

News, Rumors and Opinions Sunday Afternoon 10-27-2024

KTFA:

Clare:  Prime Minister: The government is moving forward with the growth of the oil and gas sectors

10/28/2024

Prime Minister Mohammed Shia al-Sudani discussed today, Sunday, with Oil Minister Hayan Abdul-Ghani al-Sawad the government's previous plans for the growth of the oil and gas sectors.

 The Prime Minister's Media Office stated in a statement, a copy of which was received by NRT Arabic, that "Al-Sudani received today the Minister of Oil, Hayan Abdul-Ghani Al-Sawad, in the presence of the Undersecretary of the Ministry of Oil for Distribution Affairs."

 He added that "Al-Sudani referred, during the meeting, to the government's previous plans for the growth of the oil and gas sectors, and the development of their projects within the government program, through the licensing rounds in which contracts were signed to invest in many oil and gas fields, in addition to investing in associated gas projects, and oil derivatives production projects."

Regarding cooperation with the OPEC Plus group, the meeting emphasized “the importance of partnership with oil-producing countries, with the aim of maintaining the stability and balance of global oil markets, and Iraq’s commitment to what was agreed upon within the group, including voluntary cuts and compensation for the increase in production, according to the updated schedule submitted by the Ministry of Oil to OPEC.”  LINK

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Clare:  The regional government to its employees: Whoever does not have a biometric code will have his salary stopped by the federal finances

10/27/2024

The Ministry of Finance and Economy in the Kurdistan Regional Government called on Sunday, employees and workers in the public sector to rush to register in the biometric system before the twentieth of next November, warning them that the Federal Ministry of Finance will stop the salary of anyone who does not have a biometric code.

The ministry said in a statement today that based on the agreements and understandings concluded between the Ministry of Finance and Economy in the Kurdistan Region and the Ministry of Finance in the federal government regarding the issue of resolving technical problems related to the payroll of Kurdistan Regional Government employees, the following must be done:

First: All employees, retirees, people with special needs, and heirs of martyrs who have not registered themselves in the biometric system must register before the date (11/20/2024).

Second: The decision to register in the biometric system includes all employees and salary recipients who are abroad for various reasons, or on unpaid leave, study, etc.

Third: Every employee or person receiving a salary in the Kurdistan Regional Government who does not have a biometric code until the date (11/20/2024) will have his salary stopped by the Ministry of Finance in the federal government, and he will bear responsibility for that.  LINK

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

Mnt Goat   We have been...told by my CBI contact on the committee that we should expect to see the ramped-up Project to Delete the Zeros sometime soon after the U.S. election period is over sometime in November. This period of time through December will begin the process for the swap out with the newer lower denominations. To me this also means about a 1:1 at par rate of the IQD with the US dollar. But remember this is IN-COUNTRY only. Also remember these actions ALWAYS have dependencies. Nothing is a guarantee! I want to make this VERY CLEAR to you today.  [Post 1 of 2....stay tuned]

Mnt Goat  ...the media is constantly broadcasting commercials about how the swap out will work.  Then the news media from Iraq tells us about the “cash center” that recently opened in Karkh. It is used solely for the intake of the three zero dinar notes or dollars. Folks they are already sucking in the three zero notes...So in reality, unofficially, the process of deleting the zeros has already begun. Yes, it is underway according to my CBI contact.  [post 2 of 2]

Breaking News Iraqi Airspace Shut Down

Edu Matrix:  10-27-2024

 https://www.youtube.com/watch?v=YxCeF9L1fGg

MARKETS A LOOK AHEAD: COUNTDOWN... BE READY FOR ANYTHING! Important Updates.

Greg Mannarino:  10-27-2024

https://www.youtube.com/watch?v=BeeO7WzG6yU

Iraq News Highlights and Points To Ponder Sunday AM 10-27-24

Economist: Lowering Interest Rates Encourages Investment But Carries Caveats

Time: 2024/10/27 Read: 1,131 times  {Economic: Al Furat News} Economic expert Salah Nouri confirmed today, Sunday, that reducing the interest rate is one of the main tools of monetary policy used by the Central Bank to influence the economy, whether by increasing or decreasing it according to inflation or deflation rates.

Nouri explained in his interview with {Euphrates News} that “reducing the interest rate encourages individuals and companies to borrow for productive projects, which leads to stimulating the economy,” adding: “Lower interest makes the cost of loans lower, and thus encourages consumption and investment.”

Nouri pointed out that "reducing the interest rate reduces the cost of production and perhaps the prices of imported goods, which leads to a reduction in selling prices," but he warned that "reducing the interest rate may push depositors to withdraw their deposits due to the decrease in returns, and resort to alternative investments such as gold."

He added: "It is necessary for the Central Bank to monitor the money market and commodity prices to measure the level of inflation, especially since facilitating borrowing may affect the elasticity of demand versus supply."  From.. Raghad  LINK

"Hybrid Monetary Policy".. Al-Sudani's Advisor Reveals The Central Bank's New Step

Time: 2024/10/26 Read: 5,187 times   "Hybrid Monetary Policy"..  {Economic: Al Furat News} The economic advisor to the Prime Minister, Mazhar Muhammad Salih, explained today, Saturday, precise details about the importance and reasons for the Central Bank of Iraq’s decision to reduce interest.

Useful summary.. In important news you can find it on Al Furat News channel on Telegram.. To subscribe click here

Saleh told {Euphrates News} that: "It is clear that the monetary policy of the Central Bank of Iraq has become a policy that meets the requirements of growth in real economic activity, through activating its operational objectives aimed at reducing the cost of credit and financing within the joints of the economic system in general and the banking system in particular.

" He explained, "The Central Bank began, through its decision issued in accordance with its circular on October 24, to reduce the monetary policy interest rate (which is the rate at which the Central Bank of Iraq deals with the banking system) by about 200 percentage points,

by lowering the interest at which the Central Bank deals with banks from 7.5% to 5.5%, which means that the Central Bank of Iraq has become following an expansionary policy in targeting the money supply in a manner that is consistent with activating the real sector in the national economy and confronting unemployment indicators in the overall economy."

According to the statement of the Prime Minister's economic advisor, "Despite the above, the bank in its new policy did not neglect the importance of continuing to control local liquidity levels and carrying out high sterilization operations, by offering debt instruments called Islamic certificates of deposit with a return that increases with the length of the amortization period of those securities purchased by the banking system, which are considered sovereign debts that can be mortgaged or discounted in the secondary market and are excellent debts."

He continued, "The monetary policy of the Central Bank has given a signal to the financial and banking system that its easy or flexible policy adopted by the bank in moving the liquidity of the economy is under continuous control in order to play the role of the monetary authority in combating inflationary activities and imposing economic stability as its first central goal."

Saleh concluded by saying, "Between expanding the movement of economic liquidity as an expansionary policy and imposing control over liquidity levels by offering debt instruments in return at the same time in parallel, we can call the current monetary policy of the Central Bank of Iraq a {hybrid flexible monetary policy}."

The bank decided to reduce the interest rate from 7.5% to 5.5%, in addition to reactivating the securities (Islamic certificate of deposit and money transfers) according to an annual plan and with two terms: with a return of 4% for a period of 14 days and a return of 5.5% for a period of 182 days.  LINK Raghad

MP: America Is Waging An Economic War Against Iraq

Today 11:48  Information/ Baghdad.. Today, Sunday, the representative of the Sadiqoun parliamentary bloc, Rafiq Hashem, accused America of practicing economic warfare against Iraq, stressing that the trend towards Russia and China is the only salvation from American hegemony.

Al-Salihi told Al-Maalouma Agency, "America is waging an economic war against Iraq in order to keep its forces in the country, indicating that America is preventing Iraq from obtaining its money from oil sales."

He added, "America is plotting a new economic conspiracy against the Iraqi people by reducing financial transfers to Iraq, which has led to an increase in the dollar exchange rate against the Iraqi dinar."

He pointed out that "Iraq's openness to major countries such as Russia and China is the only solution to get rid of American economic hegemony." LINK

237 Thousand Barrels Per Day, Iraq's Oil Exports To America

Energy  Economy News – Baghdad  The US Energy Information Administration announced on Sunday that Iraq's oil exports to the US increased during the past week.

The administration said in a table that "the average US imports of crude oil during the past week from 10 major countries amounted to 5.647 million barrels per day, up by 640 thousand barrels per day from the previous week, which amounted to 5.007 million barrels per day."

She added that "Iraq's oil exports to America amounted to 237 thousand barrels per day last week, an increase of 167 thousand barrels per day from the previous week, which amounted to 70 thousand barrels per day."

The administration indicated that "the largest oil revenues for America during the past week came from Canada at a rate of 3.719 million barrels per day, followed by Colombia at an average of 365 thousand barrels per day, followed by Venezuela at an average of 289 thousand barrels per day, and from Brazil at an average of 285 thousand barrels per day."

According to the table, "the amount of US imports of crude oil from Mexico was 258 thousand barrels per day, from Saudi Arabia it was 150 thousand barrels per day, from Ecuador it was 138 thousand barrels per day, from Nigeria it was 125 thousand barrels per day, and from Libya it was 89 thousand barrels per day." https://economy-news.net/content.php?id=49193

For The First Time Since June 2023.. The Central Bank Of Iraq Reduces The Interest Rate

Time: 2024/10/26 Read: 2,210 times  {Economic: Al Furat News} The Central Bank of Iraq decided to reduce the interest rate and reactivate the use of securities in the country's banks, for the first time since June 2023.

Useful summary.. In important news you can find it on Al Furat News channel on Telegram.. To subscribe click here

According to a document issued on Thursday by the Central Bank of Iraq and addressed to banks operating in Iraq, the bank decided to reduce the interest rate from 7.5% to 5.5%, in addition to reactivating the securities (Islamic certificate of deposit and money transfers) according to an annual plan and with two terms: with a return of 4% for a period of 14 days and a return of 5.5% for a period of 182 days.

The maximum investment ceiling was set at no more than 50% of the total private sector deposits in the bank, and the bank’s investment ceiling in a single auction should not exceed (500) billion Iraqi dinars.

This decision comes within the framework of the Central Bank’s preparations to end direct monitoring of financial transfers at banks, after launching an electronic platform in early 2023, which aims to enhance proactive monitoring of financial transfers.

According to an informed source in the bank, in a previous press statement, dealing in dollar transfers was limited to only six banks, while 13 banks will trade in other currencies, while the banks subject to US Federal Reserve sanctions remain under review by international auditing companies.  LINK

"Sovereignty" reminds Al-Sudani's government of what remains of the political agreement paper: 5 points that have not been achieved

27-October-2024  The Sovereignty Alliance, headed by Khamis Al-Khanjar, called on the government of Mohammed Shia Al-Sudani to implement the remainder of the political agreement paper signed by the parties of the State Administration Alliance, including approving the general amnesty law and turning the page on displacement.

According to a statement issued by the coalition and seen by "Ultra Iraq", it called on the government of Mohammed Shia al-Sudani to "implement what remains of the political agreement paper signed by the parties of the state coalition, the most important of which is turning the page on displacement and returning residents to their original cities and regions; and transferring the accountability and justice file to the management of the judicial institution away from any political and personal pressures and calculations."

The statement added: "As well as approving an amendment to the general amnesty law, as well as compensating the owners of homes destroyed and damaged by terrorism," in addition to "achieving balance within the institutions of the Iraqi state."   LINK

Combating Money Laundering.. Why Doesn't Iraq Establish A Financial Intelligence Unit? - Urgent

Economy |Baghdad Today – Baghdad  Professor of International Economics, Nawar Al-Saadi, revealed today, Sunday (October 27, 2024), that there are failures in the file of combating money laundering inside Iraq, wondering about the reasons for not establishing a financial intelligence unit.

Al-Saadi said in an interview with Baghdad Today, "Despite the presence of the Anti-Money Laundering and Terrorist Financing Office within the structure of the Central Bank of Iraq since 2007, this office suffers from a lack of resources and the absence of full support and coordination with other agencies, which limits its ability to combat money laundering effectively, especially in light of the challenges related to currency smuggling and the exploitation of security companies as outlets for illicit financing."

He explained that "establishing an independent financial intelligence unit could play a decisive role in unifying the efforts of multiple institutions to track financial crimes related to currency smuggling and terrorist financing, and achieving integration between intelligence analysis operations and financial information.

This unit will enhance Iraq's ability to cooperate internationally, especially with international organizations, which support the exchange of information between financial intelligence units globally, and enhance oversight of the banking system and combat money smuggling and terrorist financing practices through security companies and other channels."

He added, "From a security perspective, leaving the tasks of monitoring financial mafias within the jurisdiction of general military commands specialised in combating terrorism and criminal crime is a major challenge.

Financial crimes require a different methodology that includes financial analysis and investigation of transfers and properties, while criminal and terrorist crimes focus on methods and tactics related to immediate arrest and deterrence of violent activities."

“From an economic and financial perspective, financial crimes and terrorist crimes are fundamentally different; the former seek to camouflage and convert illicit funds into legitimate funds using legitimate economic channels, while terrorist crimes focus on achieving political goals through intimidation.

Separating these two types of crimes will enable Iraq to build an effective oversight system that is appropriate to the nature of each type of crime and will help protect the Iraqi economy from the challenges associated with money laundering and terrorist financing,” he added.

The professor of international economics concluded by saying that “with better integration between institutions and independent financial intelligence units, Iraq will have a greater ability to reduce financial crimes, increase transparency and enhance its position within the international economic system, which is essential to advance the local economy and restore confidence in the domestic financial system.”

On January 9, 2022, the Ministry of Foreign Affairs announced the removal of Iraq from the European Union’s list of high-risk countries in the field of combating money laundering and terrorist financing, according to a letter received by the former Prime Minister from the European Commission mission.

In May 2020, the European Commission classified Iraq, along with other countries, including Afghanistan, Pakistan, Syria, Yemen, Iran and North Korea, as countries that pose financial risks to the European Union, due to shortcomings in combating money laundering and terrorist financing.

On February 18, 2020, the Terrorist Funds Freezing Committee of the Cabinet Secretariat issued a list of 84 individuals and entities whose funds were frozen on charges of financing terrorism, at the request of the UN Security Council.   LINK

Seeds of Wisdom RV and Economic Updates Sunday Morning 10-27-24

Good Morning Dinar Recaps,

BLOCKCHAIN LIFE 2024 GATHERED THE LEADERS OF THE CRYPTO COMMUNITY FROM 120 COUNTRIES IN DUBAI

Dubai, UAE, October 26th, 2024, Chainwire

The 13th edition of the Blockchain Life Forum, the premier gathering for cryptocurrency leaders worldwide, recently concluded with an astounding attendance of over 12119 participants.

The forum showcased over 200 esteemed speakers, featuring industry pioneers and executives from top companies, including OKX, CoinMarketCap, Bitmain, Bybit, Binance, Animoca Brands, Circle, BingX, ICP, Kraken, TON, Sandbox, Polygon, Litecoin, Sui, BNB Chain, Cardano, DYDX, VeChain, Osmosis, Chiliz, Algorand, Ether Fi, Manta, Mantle, Delysium, and many more.

The exhibition of crypto companies featured 125 amazingly beautiful booths. Major players such as OKX, Bitmain, BingX, KuCoin, Bitget, Listing.Help, and Uminers offered attendees an exclusive glimpse into the latest technologies and innovations shaping the crypto landscape.

As a spectacular finale to the forum, participants enjoyed the Legendary AfterParty at one of the world’s premier clubs, SKY2.0. 

This informal networking event provided a platform for top industry figures to connect, complemented by a dazzling live performance from internationally celebrated artist French Montana, who thrilled over 1,200 attendees with his chart-topping hits.

@ Newshounds News™

Source:  Crypto News Flash

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NETHERLANDS PROPOSES CRYPTO TAX COMPLIANCE TO ALIGN WITH EU STANDARDS

Aligning themselves with the tax reporting rule on digital currency enacted by the European Union (EU), the Netherlands revealed its intention to apply tax monitoring rules on crypto. 

The Dutch government, an EU member, is obliged to accept and apply the new reporting requirement, a structure meant to assist EU member states in controlling digital currencies.

New Reporting Policy
The Dutch Ministry of Finance announced that the government seeks to pass a new policy that will ensure that activities related to cryptocurrencies will be reported and subjected to tax.

According to tax authorities, under the proposed legislation, the government will require crypto service providers to gather and share their users’ data with the Dutch taxation agency starting January 2026.

The Dutch Taxation and Tax Authorities noted, however, that digital currency owners are already required to submit a tax return on their balance and that the measure would not effect them.

Citing that the suggested step will improve cooperation among EU members by exchanging crypto data and transactions, State Secretary for taxes and Tax Authorities Folkert Idsinga clarified that the bill is viewed as an important initiative made by the Dutch government on crypto taxes.

“This will combat tax avoidance and evasion, and European governments will no longer miss out on tax revenues,” Idsinga said.

Under the new rule, digital asset service providers should submit the user data of individuals who are residents of EU member nations. They must submit the data to the Dutch tax administrator, which can be shared by the tax agency with other tax authorities across the regional bloc.

Public Feedback
The Dutch government said that it wants to know the opinion of the public on the proposed tax monitoring law. There will be a consultation period that will run until November 21 wherein the people are encouraged to give their concerns and reactions to the new policy.

The feedback gathered during the consultation will be used to draft the final version of the legislation. Tax authorities aim to submit the proposed measure to the country’s House of Representatives next year.

EU Crypto Tax Reporting
In October 2023, the EU introduced DAC8, a crypto taxation rule that requires all crypto service providers across the EU to provide their respective tax authorities with their users’ data.

The Dutch government said that DAC8 allows data exchange between tax authorities within the EU, limiting the administrative burden for crypto service providers because they only need to communicate with the proper authorities in the country they are registered.

“Without this DAC8 directive, providers could be asked for information by any member state,” Dutch tax authorities explained.

@ Newshounds News™

Source:  Bitcoinist

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🌱SWIFT & MBRIDGE: THE FUTURE OF CROSS-BORDER PAYMENTS?  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

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News, Rumors and Opinions Sunday AM 10-27-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 27 Oct. 2024

Compiled Sun. 27 Oct. 2024 12:01 am EST by Judy Byington

Judy Note: Right now the greatest takedown in the financial history of the World was happening. BRICS nations were accelerating de-dollarization faster than anticipated. Brazil, Russia, and China have bypassed the fiat US Dollar in trade agreements. Argentina and Japan were moving to dismantle oppressive tax regimes.

Possible Timing:

Thurs 24 Oct. 2024: BOOOOM!!! The gold/backed BRICS Currency Note to be used for international trade (replacing the fiat US Dollar) was introduced by BRICS.

On Sun. 27 Oct. into Mon. 28 Oct. 2024 Project Sandman (US Dollar crash) was set to kick off.

Mon. 28 Oct. 1929 was the infamous Black Monday Market Crash and another was expected on Mon. 28 Oct. 2024.

~~~~~~~~~~

Global Currency Reset:

 Sat. 25 Oct. 2024 Wolverine: “The GCR is defiantly coming this week.”

Sat. 25 Oct. 2024 MarkZ: “Billionaire Warren Buffet dumps $10,500,000,000 billion in Berkshire’s Bank of America’s stake after slashing JP Morgan Chase, Wells Fargo investments to zero”  Why is this important? If he suddenly dumps the stocks it would probably cause a run on banks. He is historically one of the most solid traders in the world and he is unloading all bank stocks. . Mark Z

Sat. 26 Oct. 2024: Breaking! Military Intel: EBS Training Complete, Countdown to the Great Currency Revaluation Begins! – amg-news.com – American Media Group

Sat. 26 Oct. 2024: NESARA and GESARA Unveil Monumental Changes: Global Implementation Begins! – amg-news.com – American Media Group

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Tier Groups involved in the RV.

Tier 1 the Elders, German Bonds, Select Yellow Dragon Bonds have been paid.

The Pentecostal group are now 100% under NDA.

~~~~~~~~~~

Global Financial Crisis:

Sat. 26 Oct. 2024: US Banks are hiding a dark secret. Bail Ins are coming. Time for the banks to rob us now. Luckily we have the QFS: https://m.youtube.com/watch?v=5QnojHmE4aw

The CEO of America’s largest bank, Jamie Dimon, says the global order is at risk. In other words, a transformation of the international monetary system. https://x.com/GoldTelegraph_/status/1849962758684790803

Bitcoin drops after the U.S. government announces an investigation into USDT crypto firm Tether.

Read full post here:  https://dinarchronicles.com/2024/10/27/restored-republic-via-a-gcr-update-as-of-october-27-2024/

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

Wolverine   [via Judy Byington]  The private contractors have seen their letters of confirmation that they will get paid this coming week. That is a million percent confirmed.  The biggest news is that the biggest Whale in the RV got paid and went home to start the process to help humanity...he is a good friend of mine, and when that news came through, I started crying... I also, will be jumping in with them to help with their humanitarian projects...I will be flying out soon, but cannot tell you where. When I get the green light, you will not hear from me again, but the opera [RV?] will come before that happens.

Pimpy   [Reference Guru Nader post ]   It [The dinar on Forex] went from 1320 to 745 for every dollar so that's 54% increase in value.  Woo!  Man that's really good.  It's not where everybody  wants to be but still a nice jump in value.  It's looking good.  I really think it's looking good.  I just try to keep people grounded...There is weird activity.  Nobody really knows what it means but that is one hell of a jump, a 54% increase in value...I don't know what's going on...It is exciting because this is right on the heels of the information...that they're lifting restrictions [on foreign exchange in Iraq] and then all of a sudden this happens.  This is like one day apart...All of a sudden next day there's a spike.  Could be something, could be nothing...Everybody knows it's close so it's hard not to get excited.

Iraq Good News Growth Pattern; COP Currency Investment How to:

Edu Matrix:  10-26-2024

https://www.youtube.com/watch?v=qls067q74yg

Fake Agro-Cheque | How to Spot The Fake 100 Billion Dollars Special Agro Cheque Banknote

BankNote World:  10-26-2024

Fraudsters will attack any banknote or product where they think they can make money and get away with their crime. With the high collector value of the Zimbabwe 100 Billion Special Agro-Cheque banknotes, counterfeiters have tried to produce and pass fake Zimbabwe 100 Billion Special Agro-Cheque banknotes.

 At BanknoteWorld not only do we ensure the authenticity of the banknotes we sell, we also scour the market to look for counterfeits so we can analyze them and provide guidance to collectors and law enforcement how to spot these fakes.

https://www.youtube.com/watch?v=MpnvXjhJ6ZE

“Tidbits From TNT” Sunday Morning 10-27-2024

TNT:

Tishwash:  Rafidain Bank announces the implementation of the comprehensive banking system in 46 branches in Baghdad and the governorates

 Rafidain Bank announced today, Sunday, the implementation of the comprehensive banking system in 46 branches in Baghdad and the governorates  link

Tishwash:  The regional government to its employees: Whoever does not have a biometric code will have his salary stopped by the federal finances

The Ministry of Finance and Economy in the Kurdistan Regional Government called on Sunday on employees and workers in the public sector to rush to register in the biometric system before the twentieth of next November, warning them that the Federal Ministry of Finance will stop the salary of anyone who does not have a biometric code.

The ministry said in a statement today that based on the agreements and understandings concluded between the Ministry of Finance and Economy in the Kurdistan Region and the Ministry of Finance in the federal government regarding the issue of resolving technical problems related to the payroll of Kurdistan Regional Government employees, the following must be done:

First: All employees, retirees, people with special needs, and heirs of martyrs who have not registered themselves in the biometric system must register before the date (11/20/2024).

Second: The decision to register in the biometric system includes all employees and salary recipients who are abroad for various reasons, or on unpaid leave, study, etc.

Third: Every employee or person receiving a salary in the Kurdistan Regional Government who does not have a biometric code until the date (11/20/2024) will have his salary stopped by the Ministry of Finance in the federal government, and he will bear responsibility for that.  link

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Tishwash:  "Hybrid Monetary Policy".. Al-Sudani's Advisor Reveals the Central Bank's New Step

The economic advisor to the Prime Minister, Mazhar Muhammad Salih, explained today, Saturday, precise details about the importance and reasons for the Central Bank of Iraq’s decision to reduce interest.

Saleh told {Euphrates News} that: "It is clear that the monetary policy of the Central Bank of Iraq has become a policy that meets the requirements of growth in real economic activity, through activating its operational objectives aimed at reducing the cost of credit and financing within the joints of the economic system in general and the banking system in particular.

" He explained, "The Central Bank began, through its decision issued in accordance with its circular on October 24, to reduce the monetary policy interest rate (which is the rate at which the Central Bank of Iraq deals with the banking system) by about 200 percentage points

By lowering the interest at which the Central Bank deals with banks from 7.5% to 5.5%, which means that the Central Bank of Iraq has become following an expansionary policy in targeting the money supply in a manner that is consistent with activating the real sector in the national economy and confronting unemployment indicators in the overall economy."

According to the statement of the Prime Minister's economic advisor, "Despite the above, the bank in its new policy did not neglect the importance of continuing to control local liquidity levels and carrying out high sterilization operations, by offering debt instruments called Islamic certificates of deposit with a return that increases with the length of the amortization period of those securities purchased by the banking system, which are considered sovereign debts that can be mortgaged or discounted in the secondary market and are excellent debts."

He continued, "The monetary policy of the Central Bank has given a signal to the financial and banking system that its easy or flexible policy adopted by the bank in moving the liquidity of the economy is under continuous control in order to play the role of the monetary authority in combating inflationary activities and imposing economic stability as its first central goal." 

Saleh concluded by saying, "Between expanding the movement of economic liquidity as an expansionary policy and imposing control over liquidity levels by offering debt instruments in return at the same time in parallel, we can call the current monetary policy of the Central Bank of Iraq a {hybrid flexible monetary policy}."

The bank decided to reduce the interest rate from 7.5% to 5.5%, in addition to reactivating the securities (Islamic certificate of deposit and money transfers) according to an annual plan and with two terms: with a return of 4% for a period of 14 days and a return of 5.5% for a period of 182 days.   link

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

Tishwash:  Despite the Israeli attack, the Iranian toman recovers against the US dollar

Today, Saturday (October 26, 2024), the Iranian toman recorded a remarkable recovery against the US dollar on the main Tehran Stock Exchange.

Baghdad Today correspondent said that the toman price today in Tehran's main stock exchange was recorded at 6 million and 500 thousand tomans for every 100 US dollars.

He added that this price is considered a significant change towards recovery after it recorded 6 million and 800 thousand tomans for every 100 US dollars yesterday.

Israel launched a series of airstrikes on Iran early Saturday morning, and explosions were heard in the Iranian capital, Tehran, although there was no information about any damage or injuries.

Four hours after the start of the operation, which Israel called "Days of Response," the Israeli army announced that it had completed the attack on military targets in Iran, that all of its aircraft that carried out the attack on Iran had returned safely to their bases, and that the operation had achieved all of its goals.

Israeli military spokesman Daniel Hagari said the attack was carried out under the direction of the political echelon in response to the Iranian regime's attacks against Israel and its citizens.

A senior US official said that the Israeli response to Iran has ended, and asked Tehran not to respond or escalate, stressing that if Iran decided to respond, "we will be fully prepared to defend Israel again and there will be dire consequences."

He added that this should be the end of the exchange of direct strikes between Israel and Iran.

The Israeli attack began shortly before 2 a.m. on Tehran, and shortly thereafter Israeli military spokesman Daniel Hagari announced the start of a precise and targeted attack on Iran.

Later, Israeli media reported a second wave of Israeli attacks against Iran, targeting sites, some of which were in Shiraz. Then, the American website Axios quoted Israeli and American officials as saying that Israel targeted Iran with three waves of strikes, and that the first waves of those Israeli strikes targeted Iran’s air defense system.

After about 4 hours, the Israeli Broadcasting Authority confirmed the end of the Israeli attack on Iran, in which hundreds of fighter jets participated. The New York Times also quoted Israeli officials as saying that the attack on Iran ended after striking about 20 sites.  link

Mot: A piece of the action

Mot:  Soooooo -Watts Ur Critters Name!! – hmmmmm