“Tidbits From TNT” Monday Morning 11-11-2024

TNT:

Tishwash:  Al-Sudani in Saudi Arabia tomorrow: A speech at the Riyadh Summit and an attempt to limit the “expansion of the conflict”

An informed political source reported that Iraqi Prime Minister Mohammed Shia al-Sudani will head to the Saudi capital, Riyadh, tomorrow, Monday, November 11, to participate in the Arab-Islamic summit. 

The source told Shafaq News Agency, "The participation of the Iraqi delegation in the extraordinary joint Arab-Islamic summit, in Riyadh, will be headed by Al-Sudani and will include Foreign Minister Fuad Hussein, and Al-Sudani will deliver a speech at the meeting." 

He pointed out that "any developments will take place after the meeting, such as side meetings with the leaders of the countries participating in the meeting."  

Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein arrived in the Saudi capital, Riyadh, on Saturday evening to participate in the ministerial meeting of the extraordinary joint Arab-Islamic summit.

A statement by the Foreign Ministry said that Minister Hussein began his visit by meeting with the Palestinian Prime Minister and Foreign Minister, Mohammed Mustafa, where they discussed ways to enhance bilateral cooperation between the two countries.

Leaders of Arab and Islamic countries have begun arriving in Saudi Arabia in preparation for a summit to be held tomorrow, Monday (November 11), to discuss the war in Gaza and Lebanon and developments in the region, according to the Saudi Press Agency.

In late October, the Saudi Foreign Ministry announced the summit during the first meeting of an international coalition established to advance a two-state solution to end the Israeli-Palestinian conflict.

The summit is being held to "discuss the continued Israeli aggression on the Palestinian territories and Lebanon and developments in the region," according to what the Saudi Press Agency reported on Sunday.

It comes as an "extension of the joint Arab-Islamic summit held in Riyadh on November 11, 2023" at the initiative of the Arab League (Cairo) and the Organization of Islamic Cooperation (Jeddah).

Saudi Al-Ekhbariya TV broadcast footage of the arrival of Nigerian President Bola Tinubu and Lebanese Prime Minister Najib Mikati. link

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Tishwash:  Sabah Sobhi: The first reading of the draft oil export law will take place next week

A member of the Iraqi parliament's oil and gas committee confirmed that the first and second readings of the oil export bill are scheduled to take place in the Iraqi parliament next week, adding that there is agreement with the Shiite parties on certain conditions for passing the oil export bill.

“The main obstacle to oil exports was Article 12 of Budget Law No. 13 of 2023, as the second paragraph of that article, paragraph “c,” stipulated that the issue of production and transportation equals the cost of production and transportation in the federal Ministry of Oil. This means that all oil production and transportation depends on the federal Ministry of Oil’s estimates for all Iraqi oil fields.

 According to the federal Ministry of Oil, the cost of extracting oil in Iraq is about 9,000 to 9,000 dinars, while the cost of transportation is 1.2 cents, and oil companies are dealt with on this basis,” Sabah Subhi, a member of the Oil and Gas Committee in the Iraqi parliament, told Kurdistan 24.

He added, "Oil production in Kurdistan has been ongoing since 2007 and was the first stage of the export process, so an agreement was reached with the companies based on the government's and companies' share of the revenues, but since 2014 there have been attempts to stop the export of Kurdistan's oil."

Sabah Sobhi pointed out that "international security developments show that the Arabian Gulf is in danger due to tensions in the region, and the danger to Iraq in this case lies in the closure of the road to oil exports," adding that "Iraq only has one port for oil exports, which is the port of Basra, and 95% of Iraq's economy depends on oil."

He continued, "Iraq exports about 3.5 million barrels of oil per day. If we consider the price of a barrel at $70, the total amount of sales will be an imaginary amount. Therefore, if Iraq is unable to export its oil, a disaster will occur, since Iraq's economy depends on oil by 95%."

He added, "Iraq is looking for another port to export its oil, and it has the Haditha crossing, through which Iraq has been trying to build an oil pipeline for years, and the cost of the project is estimated at two billion dollars."

Sabah Sobhi stressed that "there is great pressure on the federal government to solve the oil problem before the arrival of winter in Europe, because there are many countries suffering from an energy crisis."

He explained that "the first and second readings of the oil export project will take place on Sunday and Monday of next week."

A member of the parliamentary oil and gas committee said, “The State Administration Coalition held a meeting on the issue of oil exports and everyone agreed to amend the project.”

He added, “I believe that the Shiite parties will agree to the project on condition that some of the project’s articles related to providing the governorates’ budgets and the issue of oil revenues are amended, in addition to some strategic projects for some of the central and southern governorates.”  link

Tishwash:  This is from Iraqi News

Financial assets hit new record highs ahead of 2024

 The year 2024 witnessed a large number of financial assets recording new record levels that they had never seen before, especially with the shifts in global monetary policy and developments in the political and geopolitical situation across different regions of the world.

This year, gold, Bitcoin, the US stock market, European indices, and technology stocks, especially the chip and semiconductor giant Nvidia, have all reached record levels never seen before. 

These increases provided distinct investment opportunities for all investors and small speculators who benefited from the possibility of trading these assets through the best licensed trading companies in Iraq 2024 .

Geopolitical concerns and political developments

Despite the different factors that pushed these assets to record levels, there are one or two factors that are common in pushing them to record these increases. For example, geopolitical developments in the Middle East and fears of an escalation of the war between Israel and Iran supported the rise of gold. On the other hand, the boom in artificial intelligence was one of the most important factors that supported the shares of the technology giant Nvidia, which in turn boosted the US stock market.

Monetary policy shift of central banks

At the same time, there are stable factors that support all of these assets, the most important of which are developments in monetary policy and the shift of global central banks from financial tightening based on raising interest rates from the beginning of 2022 until the middle of this year.

The central bank of Australia, Canada, the European Central Bank, the Bank of England, and the Federal Reserve have all begun to cut interest rates as global inflation rates decline. In this regard, the Federal Reserve cut interest rates in November for the second time this year by 25 basis points after cutting interest rates for the first time last September by 50 basis points amid expectations of a third cut in December by another 25 basis points, bringing the total expected interest rate cuts in 2024 to about 1 percent.

The Bank of England cut interest rates twice this year by 25 basis points each time, while the European Central Bank preceded all banks after approving three interest rate cuts amid expectations of an additional cut in the last months of the year. Cutting interest rates supports financial assets by withdrawing savings from banks with the decline in the interest they generate, as they are pumped into other assets such as the stock market with the aim of targeting a higher return, or gold, which is a store of value and does not bring interest, but it is a safe asset that investors resort to in times of uncertainty and for the purpose of hedging.

Is the beginning of the year marathon over?

There are currently some questions about whether what can be called the market bull marathon is over, especially for those who missed the start of the big rise. Gold has been accelerating since August of last year, while US indices have accelerated at the beginning of this year in what is known in the financial markets as the "Santa Rally". In this context, it can be answered that the markets, despite the possibility of recording some downward corrections, the factors for continuing the rise already seem to be present, especially with Donald Trump clinching the presidency, amid expectations of adopting financial policies that may maintain the momentum of the index market's rise.

At the same time, central banks have not finished their stimulus policy, which supports the rise of most financial assets, especially the stock market and some assets that enhance the value of the risk spirit.

NVIDIA is the world's largest company by market value

The upside potential in the stock market looks promising, especially with some companies hitting record highs that seem unlikely to stop in the medium term. For example, Nvidia shares have seen exceptional growth this year, a growth that is expected to maintain its accelerating momentum amid estimates of the company’s ability to maintain an accelerated growth rate in graphics processing units. Its market value has tripled to briefly surpass Apple as the most valuable company in the world, with a market value of about $3.53 trillion, ahead of the technology giant Apple. Its net income rose from about $2.3 billion in the first half of 2022 to about $31.5 billion for the same period in 2024.

Microsoft ranked third with a market value estimated at about $3.19 trillion, followed by Alphabet with a market value of about $2.04 trillion. Meanwhile, Apple’s stock was affected by downward pressure after Warren Buffett-led Berkshire Hathaway announced a major sale of part of its stake in the company. link   

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Listen To Lee Greenwood’s New Rendition of ‘God Bless the U.S.A.’ .......................

https://www.youtube.com/watch?time_continue=194&v=SrMftm6Km3g&feature=emb_logo

John Wayne & Celebrity Ensemble - God Bless America...........

https://www.youtube.com/watch?v=Z1ga0y7cwSo

MilitiaMan & Crew News Reporting-IRAQ-USA-Financial Inclusion up 48%-Money Inside & Out of Iraq-Electronic Cards

MilitiaMan & Crew News Reporting-IRAQ-USA-Financial Inclusion up 48%-Money Inside & Out of Iraq-Electronic Cards

11-10-2024

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=Z0rFigZmq9w

More News, Rumors and Opinions Sunday PM

KTFA:

Clare:     Including debt cancellation... Determining the mechanisms for US Treasury support for Iraq

11/10/2024   Baghdad

Today, Sunday, the Prime Minister's Advisor, Mazhar Mohammed Salih, announced the mechanisms of the US Treasury's support for Iraq since 2003, while he indicated the continuation of consultations with the US Treasury regarding combating money laundering.

Saleh told the official agency, which was followed by "Al-Eqtisad News": "The cooperation and coordination between Iraq and the US Treasury extends back to the first years since the change of the former regime," indicating that "the Treasury played an important supporting role in supporting the Paris Club agreement in 2004 concerned with writing off Iraq's debts called pre-1990 debts, and the presence of Treasury representatives in the Paris Club agreement secretariat helped ensure the writing off of 80% or more of the former regime's debts."

“The US Treasury succeeded in supporting infrastructure financing in Iraq through the conference held in the Spanish capital Madrid on October 23-24, 2003. Its primary goal was to mobilize financial support for the reconstruction of Iraq after the US-led invasion in 2003. Seventy countries and international organizations participated in the conference,” he added, explaining that “the conference managed to collect pledges amounting to about $33 billion, but a large part of these amounts was in the form of loans or technical support, and not all of it was direct financial aid.”

He explained that "the US Treasury contributed to establishing the Iraqi payments system in 2006 through a direct technical agreement with the Central Bank of Iraq to establish a wholesale payments system between the Central Bank on the one hand and the banks and the government in transferring funds and settling them electronically on the other hand, in addition to entering the era of settling bank checks electronically as well, which are matters in financial technology that are being introduced for the first time in our country,"

Noting that "from the history of the important assistance provided by the Treasury, it has played an important role in replacing the local, fast-forgery edition of the dinar that was issued during the nineties siege in the largest campaign witnessed by Iraq between late 2003 and early 2004 with the international edition of the dinar, according to the highest international technical specifications."

He stressed that "since the signing of the Strategic Framework Agreement in 2008 until today, there have been continuous consultations between representatives of the financial and monetary authorities in our country and the treasury to cooperate in combating money laundering and the proceeds of crime and terrorism in a manner that achieves governance and compliance for our financial and banking system as well as its optimal integration into the global financial and economic climate."  LINK

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

Walkingstick   [Iraqi bank manager friend Aki update]   WALKINGSTICK You told us about these bulletin boards/ billboards that are going be brought to you there at the bank...Do you have the bulletin boards, you know the ones that you told me that they were going to send you with the pictures...explanations/descriptions of all the notes?  You have...the ones you told me are going to be distributed to all these currency centers, to all the banks?  [Post 1 of 2....stay tuned]

Walkingstick   [Iraqi bank manager friend Aki update]  AKI:  No.  I don't have them in the Dearborn banks yet.  WALKINSTICK:  Have they told you when they're going to give you these boards?  AKI:  I was there, Sudani was there, Alaq was there, the US Treasury, IMF, World Bank, everybody was there when these were constructed so I'm not going to tell you when we're going to display them but I'm going to tell you that I'm going tell you that I'm going to.  WALKINGSTICK:  #1 you don't have them in your possession yet?  AKI: Correct WALKINGSTICK:  #2, you were present when these boards were made? AKI: Yes.   [Post 2 of 2]

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Tishwash:  Iraqi PM visits Kurdistan Region on Wednesday

Mohammed Shia al-Sudani, Iraqi Prime Minister, is set to visit Erbil, the capital of the Kurdistan Region, next Wednesday.

A government source told Shafaq News that al-Sudani will meet with Kurdish officials in the region during his visit to hold several discussions before heading to al-Sulaymaniyah province  link

Remember, Nader said it’s all about import export

Nader:  11-10-2024

ERBIL (Kurdistan 24) – Iraqi government with the help of the Central Bank of Iraq, do its best to increase the price of Iraqi dinar against US dollar, Mohammed Shia al-Sudani, Iraq’s new premier, said in a press conference on Tuesday.

 “The interests of the needy were not taken into consideration in devaluing Iraqi currency. We tend not to repeat that in this cabinet,” he said.

Tackling endemic corruption in the country is one of the priorities of this cabinet, he said. The Iraqi government work with other neighboring other countries to return Iraq’s “stolen money,” he added.

Faced by financial crisis caused by low oil prices amid COVID-19 pandemic, the Iraqi Central Bank decided to devalue the currency, setting the exchange rate at 1,460 dinars per dollar to the public. Before the decision, each dollar was traded at 1,182 Iraqi dinars.

As Iraq’s market is heavily relied upon imports, the decision sparked public outrage and demonstrations, outcrying the rising prices of commodities. The former Finance Minister Ali A. Allawi argued that the rising commodity prices was part of the global inflation, defending the devaluation decision as it had increased the state revenue amid liquidity crisis.

https://www.youtube.com/watch?v=wElN1wJ8-44

Iraq Economic News and Points To Ponder Sunday Afternoon 11-10-24

Iyad Allawi And Salim Al-Jabouri Stress The Importance Of Supporting Al-Sudani's Government In Implementing The Required Reforms

Sunday 10 November 2024 | PoliticsNumber of readings: 47  Baghdad / NINA / "The leader of the National Coalition, Dr. Iyad Allawi, received in his office in Baghdad today, Sunday, Dr. Salim al-Jabouri, where an extensive discussion took place during the meeting on the current situation and the challenges facing Iraq at the current stage, especially in terms of enhancing security and stability.

According to a statement by Allawi's office, the meeting witnessed an exchange of views on preparations for the upcoming elections, and the emphasis on the need for them to be held in a fair and transparent atmosphere that ensures true representation of the will of the citizens and contributes to bringing about tangible positive change in the political and administrative reality of the country.

The two sides also agreed on the importance of supporting the government of Muhammad Shia al-Sudani in implementing the required reforms, as it is an essential step to address the political and administrative situation and correct paths in a way that enhances and achieves the aspirations of the Iraqi people. / End9   https://ninanews.com/Website/News/Details?key=1167309

Labor And The World Bank Discuss Developing And Updating The Electronic Systems Of The Social Protection Authority

Sunday 10 November 2024 | Economic Number of readings: 411

Baghdad / NINA / The head of the Social Protection Authority at the Ministry of Labor, Ahmed Al-Moussawi, discussed with the World Bank delegation the executive procedures for the bank's grant program to provide electronic devices to the authority.

Al-Moussawi explained: "The meeting included discussing the plan to distribute electronic devices among the computer divisions in the social protection departments in Baghdad and the governorates, noting that this step comes within the framework of the authority's interest in developing and modernizing systems and special equipment to contribute to developing performance and integrating work with its departments.

He added:" The grant includes supporting social researchers and providing them with tablet devices to ensure speed in conducting field surveys and updating data. https://ninanews.com/Website/News/Details?key=1167215  

Al-Sudani's Office Reveals Details Of A Meeting Regarding The Restructuring Of Public Companies

10/11/2024  Mawazine News – Baghdad   Prime Minister Mohammed Shia al-Sudani held a regular meeting of the Supreme Committee for the Restructuring of State-Owned Public Companies today, Sunday.

A statement from his office received by Mawazine News stated that "Prime Minister Mohammed Shia al-Sudani chaired today, Sunday, the regular meeting of the Supreme Committee for the Restructuring of State-Owned Public Companies, in the presence of the Ministers of Oil, Electricity, Transport, Trade, Construction, Housing and Public Municipalities, Agriculture, Water Resources, and Communications."

The statement continued, "The meeting discussed the procedures and steps taken by the concerned authorities in light of previous decisions, as well as discussing the file of public companies offered for liquidation and their liquidation mechanisms, and the decisions supporting this process, and deliberating on the re-merger of a number of companies of the Ministry of Trade, in addition to discussing the reclassification of a number of companies of the Ministry of Water Resources.

" He added, "During the meeting, the progress made in restructuring the companies (Hammurabi, Ashur, Al-Faw, and Al-Farouq) affiliated to the Ministry of Construction, Housing, Municipalities and Public Works were reviewed."

The statement added, "The meeting witnessed the approval of the minutes and recommendations of the second meeting of the subcommittee concerned with (supervising the process of classifying companies according to the categories stipulated in Decision No. 1 of 2024 of the State-Owned Public Companies Restructuring Committee."   https://www.mawazin.net/Details.aspx?jimare=256514

Expanding Banking Services And A Call To Protect Beneficiaries From Falling Into The Trap Of Usury

November 10, 2024  Baghdad - Qusay Munther  Economic experts called on the government to intervene and set controls to ensure that excessive interest rates that affect the neediest groups are reduced, and to provide flexible banking alternatives that comply with Sharia conditions.

The experts told Al-Zaman yesterday that “the government is required, in light of the reforms it is carrying out in the banking sector, to urge these parties to reconsider the high interest on granting loans, as it constitutes an additional burden on those with limited income, in addition to the fact that despite the pressures that force them to apply for it, it pushes them to fall into Sharia warnings.”

They added that “religious scholars stress the need to take into account Islamic Sharia in financial transactions, which rejects patterns of usurious interest that are characterized by excessive increase in loans.”

Previous invitation

Al-Zaman had previously called on the government regarding the high usurious interest rates imposed by banks, calling for the need to take measures to ease the financial burdens on citizens and ensure that these rates are consistent with Islamic teachings, which contributes to protecting different social classes from falling into the trap of usury. Prime Minister Mohammed Shia Al-Sudani directed the expansion of banking services in the governorates.

A statement received by Al-Zaman yesterday said that (Al-Sudani directed a set of steps within the framework of efforts to reform the financial and banking system, as one of the priorities of the government program, and in light of the important steps achieved during the past two years, and in light of the challenges that the financial and banking system is witnessing, especially in the governorates,

 and since confronting them requires greater attention and radical improvements to ensure enhancing confidence in the financial and banking sectors, facilitating the process of economic development, increasing financial inclusion and raising its indicators throughout the country),

 and he stressed (increasing the number of bank branches in the governorates to meet the needs of the local population, and in a way that contributes to expanding the scope of financial services, while paying attention to buildings and their modernity and providing their basic requirements),

calling for (the necessity for all banks in the governorates to adopt modern technologies such as online banking services and mobile applications, which facilitates citizens’ access to their banking services easily),

reiterating (the importance of banks developing their financial services in a manner that suits the needs of individuals and small companies, such as soft loans and savings accounts,

in addition to enhancing financial inclusion in the governorates by providing banking services to different segments of society, including (districts and sub-districts in villages and rural areas), and pointed out that (the Ministry of Finance, the Central Bank of Iraq,

and the Iraqi Private and Islamic Banks Associations will undertake coordination operations with the governors’ offices to accomplish the above tasks according to their jurisdiction and responsibility, and submit quarterly reports every three months to the Prime Minister’s Office regarding the progress of work regarding the steps mentioned above).

For its part, Rafidain Bank announced the expansion of the comprehensive banking system to include 48 branches.

Infrastructure

The bank explained in a statement received by (Al-Zaman) yesterday that (as part of its continuous efforts to enhance the digital infrastructure and provide distinguished banking services, we announce the operation of 48 branches within the comprehensive banking system,

which reflects its commitment to updating its services according to the highest international standards), and continued that (this development comes as part of the bank’s strategy to improve the customer experience across all its branches, and facilitate access to integrated, fast and secure banking services),

noting that (the comprehensive banking system is a qualitative shift in the bank’s path, as it supports digital transformation and enhances the bank’s ability to efficiently meet the needs of wide segments of customers), and the statement went on to say that (this continuous expansion will include more branches in the future, as part of a well-thought-out plan aimed at providing a modern banking experience that contributes to supporting the national economy, and meeting the needs of society with distinguished and comprehensive banking services).    LINK

Gold Prices Stabilize In Baghdad And Erbil

Sunday 10 November 2024 11:38 | Economic Number of readings: 166  Baghdad / NINA / Gold prices stabilized today, Sunday, in the local markets of the capital, Baghdad, and Erbil.

The price of gold in the wholesale markets on Al-Naher Street in the capital, Baghdad, this morning, reached 566 thousand dinars per mithqal of 21 karat Gulf, Turkish and European gold, and 562 thousand dinars for purchase, while the selling price of one mithqal of 21 karat Iraqi gold reached 536 thousand dinars, and the purchase price was 532 thousand.

As for gold prices in goldsmiths' shops, the selling price of a mithqal of 21 karat Gulf gold ranged between 570 thousand dinars and 580 thousand, while the selling price of a mithqal of Iraqi gold ranged between 540 thousand and 555 thousand dinars.

As for gold prices in Erbil, the selling price of 24 karat gold reached 662 thousand dinars, 21 karat 580 thousand dinars, and 18 karat 497 thousand dinars. / End 11 https://ninanews.com/Website/News/Details?key=1167203

Dollar Prices Rise Slightly As Markets Close In Baghdad And Erbil

Economy  | 10/11/2024  Mawazine News – Baghdad  The US dollar rose slightly against the Iraqi dinar on Sunday in the markets of Baghdad and Erbil, the capital of the Kurdistan Region, with the closing of the stock exchange.

The dollar rose with the closing of the two main stock exchanges in Baghdad, Al-Kifah and Al-Harithiya, to record 150,600 dinars per 100 dollars, while this morning it recorded 150,500 dinars per 100 dollars.

The selling prices stabilized in exchange shops in the local markets in Baghdad, where the selling price reached 151,500 dinars per 100 dollars, while the purchase price reached 150,500 dinars per 100 dollars.

In Erbil, the dollar also rose, where the selling price reached 150,600 dinars per 100 dollars, and the purchase price reached 150,500 dinars per 100 dollars.  https://www.mawazin.net/Details.aspx?jimare=256517

Planning Sets Date For Announcing Preliminary And Final Census Results

Local | 10/11/2024  Mawazine News – Baghdad  The Ministry of Planning announced today, Sunday, that it will support the population census with 100 special scientific blogs. While indicating that the census is not political, but rather developmental to determine the poverty line in Iraq, it confirmed that the final results of the census will be announced within 6 weeks.

The Administrative Undersecretary of the Ministry of Planning, Hanaa Al-Asadi, said during the press conference, "Mawazine News", that "the census is for Iraq and not for planning and has not seen the light for a long time due to major challenges, but Prime Minister Mohammed Shia Al-Sudani and the Minister of Planning insisted on completing the process."

She added: "We started the process of enumeration and numbering and there were challenges, but with the efforts of the members of the Statistics Authority and their keenness, the process was completed successfully through communication with the governors," noting that "we are waiting for the 20th and 21st of this month, which is the biggest challenge."

She explained that "the population census, due to what it entails, is a database for developing correct plans and visions," indicating that "the plan is to include projects according to the needs of each governorate."

She pointed out that "the issue of fear of giving correct information to mobile teams is incorrect because through them the requirements of each region and the economic classes of society will be measured and known, meaning inferring the citizens living below the poverty line and the residents of slums, to develop correct plans to include projects that serve their interests even if they are implemented after 15 years."

She noted that "the census is not political and that the candidates for election are determined based on the census to serve the citizens and the data will be analyzed by specialists within the statisticians and sorted according to the paragraphs and then go to the Department of Economic Policies within the Ministry of Planning,

which in turn will develop an appropriate plan in line with the population census through data on the number of the poor and disabled, the number of displaced persons, the number of hospitals, schools and educational centers,

in addition to people with special needs, for the purpose of including projects that are consistent with the needs of the population, while linking the private sector to the census as a partner with the state and including investors and contractors."

Regarding the devices used in the census process, Al-Asadi confirmed that, "according to the directives of the Deputy Prime Minister and Minister of Planning and within the general controls, which are instructions for implementing contracts, several companies have applied in addition to the consulting company that evaluates the best companies and contracts have been signed.

So far, there has been no hesitation on the part of those companies, and they have been a great help despite the fact that they are in exchange for a financial return, in addition to the Housing Bank, which provided a special consultant within the Statistics Authority."

Regarding social care, Al-Asadi noted that, "Our goal is not to cut salaries for anyone, but we want to know the level of poverty in Iraq and the number of graduates and unemployed."

For his part, the Executive Director General of the Census, Ali Adnan Saleh, said in a statement to the official agency, followed by NRT Arabic, that "the first phase of the census has been completed, and the most important is the stage of packaging, enumeration and numbering,"

adding that "the required documents are in partnership with the national card, as they have been completed for 94% of the population, and those who do not have an official document, there is a field in which there are those who do not have documents, so the information of the people is relied upon, and after that this information is transferred to the Unified Card Department to match the information,

 and the initial results of the census will be announced during the first days, and after 6 weeks the final announcement will be made officially."   https://www.mawazin.net/Details.aspx?jimare=256507

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

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 11-10-24

Good Afternoon Dinar Recaps,

‘WE WON THAT CASE LAST SUMMER’: RIPPLE CEO OPENS UP ABOUT TRUMP, GENSLER AND XRP LAWSUIT

In recent days, Ripple’s XRP has been making headlines. However, its progress is being hindered by an ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).

CEO Brad Garlinghouse discussed Donald Trump’s support for cryptocurrency, where Trump has positioned himself as a “crypto advocate” during his campaign. Trump has even stated that one of his first actions if elected president would be to remove Gary Gensler, the SEC chairman, who has taken a tough stance against crypto.

Global Crypto Regulations vs. U.S. Approach
In an interview with BBC, Brad points out that many countries like the UK, Switzerland, and Singapore have embraced crypto by creating clear regulatory frameworks.

This has allowed the crypto industry to grow, attracting entrepreneurs and capital. In contrast, the U.S. government, particularly under the Biden administration, has been more hostile toward crypto, creating challenges for the industry..

What a Win Would Mean for Crypto?
Brad talked about the ongoing legal battle between Ripple and the U.S. SEC. Ripple has been fighting the SEC over whether XRP should be classified as a security. Last summer, a judge ruled that XRP is not a security, but the SEC is appealing the decision, though they are not challenging the ruling on XRP itself.

Brad stressed the need for clearer regulations in the U.S. While Bitcoin and XRP have some regulatory clarity, many other cryptocurrencies, like Ethereum and Solana, remain in a “gray area.” 

This lack of clarity makes it difficult for the industry to move forward. Brad advocates for clear, well-defined regulations—similar to those in the UK or Japan—so that the crypto industry can follow the rules without fear of uncertainty.

SEC’s Role in Crypto Regulation
He criticized the SEC under Gary Gensler for trying to regulate crypto through enforcement actions rather than creating formal, clear rules. He argues that cryptocurrencies, unlike traditional securities, do not provide ownership rights or governance rights, so they should not be classified as securities.

@ Newshounds News™

Source:  CoinPedia

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CHARLES HOSKINSON BREAKS SILENCE WITH FOUNDATIONAL MODEL OF CARDANO BLOCKCHAIN

Cardano founder Charles Hoskinson recently returned to social media with a compelling message that outlines his vision for Cardano and its potential. In his first major tweet since a brief hiatus, Hoskinson described Cardano as "a decentralized ecosystem of blockchain technology, smart contracts, and community governance committed to improving economic, political, and social systems for everyone, everywhere."

Hoskinson went on to outline Cardano's role as a foundational infrastructure designed to empower individuals and communities to "manage their identity, value, and governance," and foster the emergence of decentralized applications, businesses and network states.

This marks one of Hoskinson's first posts on X since Nov. 3, when he announced that he would be taking a week-long social media break to celebrate his birthday and enjoy time "off-grid." His return brings a renewed sense of purpose and focus on Cardano’s mission, reflected in his first tweets.

The Cardano community has reacted positively to Hoskinson’s statement, seeing it as a reaffirmation of the project's goals and values. What happened? Hoskinson previously lamented growing criticisms toward him and the Cardano ecosystem.

Amid this and with one user implying that Hoskinson might be Cardano's cancer, the founder decided to poll the community.

In the survey, Hoskinson asked if he was a "cancer" for Cardano. The poll received 50,501 votes at press time, with 51.6% agreeing that Hoskinson was Cardano's "cancer" and 48.4% saying the Cardano founder was not to blame for the ecosystem's challenges.

Apparently dismayed by the results of the poll, Hoskinson decided to take a break from X throughout the week, stating he wanted to disconnect and meditate. In a Nov. 3 post, Hoskinson made known his decision saying "It's going to be a lot of fun disconnecting and meditating.

On the other side, I'm going to have a different approach to social media and how I communicate to the Cardano ecosystem. I suspect I'll use X a lot less and will emphasize more productive and curated mediums. I will miss the daily interactions and spontaneity of things, but it's honestly become too toxic."

@ Newshounds News™

Source:  U Today

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🌱 WHAT IS THE IRON TO GOLDEN AGE?  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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Economist’s “News and Views” Sunday 11-10-2024

Gold And Silver Are Sound Money: Why It Scares The Fed | JP Cortez

Lynette Zang: 11-10-2024

n Today's Video we are talking with Jp Cortez who is the Executive Director of the Sound Money Defense League, a nationally renowned policy group known for its fervent commitment to advocating for a stable and constitutional monetary system.

So very excited to have JP on

https://www.youtube.com/watch?v=eOL4teoXClg

Unexploded Bombs In Banking System | Rick Rule

Liberty and finance:  11-9-2024

Legendary investor Rick Rule provides a stark outlook on the financial system, warning of the dangers posed by government debt, inflation, and the unsustainable promises made by social programs like Social Security.

He explains how institutions such as banks are facing severe financial strain due to mismatches in their portfolios—long-dated fixed-rate obligations funded by short-term deposits—exposing them to the risks of rising interest rates.

Rule also highlights the precarious future facing retirees, especially those relying on Social Security, as inflation erodes the value of nominal benefits.

 With the U.S. government’s rising debt and unfunded liabilities, he cautions that the real value of future benefits will diminish, leaving many retirees unprepared. Ultimately, he stresses the importance of individuals taking control of their financial futures, acknowledging the challenges while emphasizing resilience and proactive planning.

INTERVIEW TIMELINE:

0:00 Intro

2:03 Government mismanagement

 17:07 Currency devaluation

24:40 Election & US dollar

34:35 Metals vs miners

40:00 Banking system

48:00 Battle Bank

https://www.youtube.com/watch?v=ZKAqE7gBVqk

"You MUST PREPARE Now..." - Adam Taggart

LifeWorthLiving:  119-2024

Adam Taggart, host of thoughtful money, discusses the current uncertainties in financial markets and the importance of shifting from passive to active investment strategies. Taggart emphasizes that high volatility, shifting inflation trends, and evolving bond markets signal that traditional passive strategies may no longer be effective.

https://www.youtube.com/watch?v=tGaHM7YshsQ

News, Rumors and Opinions Sunday 11-10-2024

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

RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 10 Nov. 2024

Compiled Sun. 10 Nov. 2024 12:01 am EST by Judy Byington

Judy Note:

The new US Treasury is in Texas (allegedly) , as is possibly the new US Republic Capitol.

By Nov. 2024 the state of Texas will be (allegedly)  set up as home to the new Quantum Financial System for the new US Republic, with their currency being gold-backed US Treasury Notes. Texas has (allegedly) applied to be a part of BRICS.

Global Currency Reset:

Sat. 9 Nov. 2024 Wolverine: “The RV has started. Thank you God. Everyone’s saying that by Tues.12 Nov. we should have a shotgun start. Everything is going at once. The bankers had a meeting and said that Zurich has already started. The codes were locked in a couple of days ago. Remember Tues. 12 Nov. is when we expect things to roll.”

Thurs. 7 Nov. 2024 Bruce: Tier4b (us, the Internet Group) should receive notification to set appointments over the weekend. Exchanges should start on Tues. 12 Nov.

Tues. 5 Nov. 2024 Julian Assange: All Intel is saying “Next Week.” Safe link 800# will be released closer to go date. Bond funds were being delivered to paymasters. Rates are EXTREMELY high.

~~~~~~~~~~

Sat. 9 Nov. 2024 BOOM! BANKRUPT U.S. CORPORATION: Jan Halper-Hayes, the Vatican, and “We Have the Gold!” …Gitmo TV on Telegram

The Massive Gold Transfer: America’s Wealth Restored: According to Halper-Hayes, an operation brought back 650 planes of gold from the Vatican. This gold — the foundation of America’s wealth — is now back on U.S. soil, setting America free from Vatican influence. Trump’s move is a sign of a new era of financial independence.

The Role of Gold in Ending the Federal Reserve: Halper-Hayes reveals that America’s gold-backed currency could destroy the Federal Reserve’s power. This isn’t just a financial move; it’s about returning power to the people and ending foreign economic control over America.

Read full post here:  https://dinarchronicles.com/2024/11/10/restored-republic-via-a-gcr-update-as-of-november-10-2024/

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Saleh on TV saying Iraq private sector is about to catch up economically with the international sector.  FRANK:  Not at a program rate.  A person would have to be a moron to think Iraq's economy is about to explode with a punished sanctioned program rate to their currency.

Militia Man   CBRs , Correspondent Banking Relationships, we've know about that since 2023...This isn't brand new.  This is what's been done.  2024 consultation Article IV is about things they've got to a certain point where now we're going to the next step.  We're focusing in on 2024 for what?  Modernizing the banking system.  Getting that completed.  Going to the private sector.  Privatizing the state-owned banks.  They're doing it.  Ernst and Young are doing it.  They've had a contract since January.

Why is Iraq's Currency Lagging Behind Kuwait's Currency

Edu Matrix:  11-10-2024

Why is Iraq's Currency Lagging Behind Kuwait's Currency? #iqd #kwd In this video, we explore the highly anticipated revaluation (RV) of the Iraqi dinar and why it didn't mirror the successful revaluation of the Kuwaiti dinar after Iraq invaded Kuwait in 1990.

We'll break down the key differences between the two situations, including the economic stability of Kuwait versus Iraq, currency management strategies, and the factors that have fueled speculation around the Iraqi dinar. Is the dream of an Iraqi dinar revaluation realistic, or just a myth fueled by speculation? Watch to find out!

https://www.youtube.com/watch?v=LUhI9WVuWak

Why Fed's Rate Cut Won't Help (How Bad Will It Get?)

Taylor Kenny:  11-8-2024

The recent Federal Reserve rate cut sparks questions about the future of affordable housing and mortgage rates. As rates drop, will housing costs finally come down, or is there a longer road ahead? Discover what’s really impacting mortgage rates and the economy, including Treasury yields, inflation risks, and government spending.

CHAPTERS:

00:00 – Introduction: Rate Cut and Housing Affordability

00:35 – Why Mortgage Rates Aren’t Falling

01:39 – Inflation Risks and Economic Outlook

02:14 – The Federal Reserve’s Dilemma

 02:45 – Inflation’s Slow Rise and Treasury Yields

03:20 – Labor Market Concerns and Job Growth

03:51 – The Role of Government Jobs in Job Numbers

 04:26 – The Bigger Picture: Systemic Flaws and National Debt

05:26 – Why Gold and Silver Still Matter

06:34 – The Future of the Dollar and Rate Cuts

 07:43 – Protecting Wealth Outside the System

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

Seeds of Wisdom RV and Economic Updates Sunday Morning 11-10-24

Good Morning Dinar Recaps,

NORWAY SUPPORTS MICA, CONSIDERS CBDC FOR FINANCIAL STABILITY

Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.

Norges Bank, Norway’s central bank, has endorsed the European Union’s Markets in Crypto-Assets Regulation (MiCA) as the country evaluates the potential adoption of a central bank digital currency (CBDC).

Kjetil Watne, project director for Norges Bank’s CBDC project, said in an interview with Cointelegraph that Norway, as a member of the European Economic Area (EEA), welcomes MiCA’s framework. However, he noted that the bank is still considering “whether additional regulations are necessary to promote financial stability.”

Watne explained that Norges Bank has “not yet decided” if it will issue a CBDC and is assessing how to “mitigate regulatory gaps related to decentralized finance.”

Supporting MiCA and CBDC implementation
As part of the EEA, Norway closely aligns with EU regulations, including MiCA, which Watne said is “under public review and currently being assessed by the Ministry of Finance.”

According to Watne, Norges Bank considers CBDCs potentially useful for cross-border payments but that “it remains to be seen how a CBDC-based cross-border payment system would look.”

In 2023, the bank participated in “Project Icebreaker,” a trial exploring new architectures for retail CBDC transactions across borders. Watne added:

“We believe that an eventual CBDC will, if issued, will supplement and not replace cash. We also believe that digital currencies will continue to exist in parallel with CBDCs.”

Addressing privacy concerns
According to Watne, Norges Bank has taken a measured stance on privacy concerns related to CBDCs, recognizing that digital payments “will leave digital taxes.”

He emphasized that Norges Bank “is not responsible for monitoring individual payment transactions” and noted that most central banks, including Norges Bank, do not plan to access customer CBDC payment details or account balances.
“Norges Bank’s analyses assume that this will be the path also for Norges Bank. As with other forms of payment, it will be necessary to ensure that relevant rules are complied with, for example anti-money laundering rules.”

Does MiCA pose “systemic” banking risks?
The EU’s MiCA regulation is set to take full effect on Dec. 30 and could introduce “systemic risks” to the banking sector, particularly for stablecoin reserves, according to Tether CEO Paolo Ardoino.

Under MiCA, stablecoin issuers will be required to hold a significant portion of their reserves, at least 60%, in European banks, creating a cause for concern when it comes to loans.

Ardoino explained that, due to banks’ ability to loan up to 90% of their reserves, the risks posed by MiCA regulatory requirements could create significant points of vulnerability for reserves if a bank holding them goes bankrupt.

@ Newshounds News™

Source:  CoinTelegraph

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ANALYST: EUROPE IS SECRETLY PREPARING FOR A RENEWED GOLD STANDARD

Jan Nieuwenhuijs, an expert in gold markets, believes he has found evidence that Europe is preparing to adopt a new standard. He states that the recent movements of several Eastern European countries—purchasing or selling gold to reach a determined ratio—are part of the actions leading up to this development.

Analyst: Countries in Europe Equilibrating Gold Reserves to Adopt a Common Standard
Countries in Europe are getting ready to back their currency, at least partially, with gold. Jan Nieuwenhuijs, an expert in the movement of gold markets that follows central bank purchases, has found evidence that this is happening coordinately, even though central banks publicly deny it.

The root of this common understanding would be the 1999 Washington meeting that produced the Central Bank Gold Agreements, in which 15 central banks inked a pact to coordinate their gold sales and maintain a stable metal market.

On this agreement, Nieuwenhuijs stated:

For those paying close attention, it was obviously meant to equalize gold reserves among countries relative to GDP.

To justify his allegations, Nieuwenhuijs reports that the recent purchases from countries like Poland, Hungary, and the Czech Republic were directed to equilibrate their gold reserve to GDP ratio to the ones held by countries in the Eurozone. This is supported by statements made by Poland’s former Minister of Finance Konrad Raczkowski, directly commenting on these numbers.

Raczkowski assessed that Poland should purchase 120 tonnes of gold to reach the ratio maintained by several other countries in the Eurozone, 4% GDP. He declared:

It seems that in the near future, this will be the new gold standard for the entire eurozone. These reserves will have to be adjusted to the size of the economy.

Nonetheless, Nieuwenhuijs reports that, even with all the evidence surrounding these coordinated moves, central banks have continuously denied there is some kind of harmonization behind these exchanges. “Countless Freedom of Information (FOI) requests submitted throughout Europe, directed at central banks and Ministries of Finance, all yielded nil,” he stressed.

However, he has sometimes received negative answers to these petitions, with the Central Bank of Belgium stating that this information was “confidential,” obeying a central bank law that commanded the institution to maintain a “legal obligation of secrecy.”

In August, Nieuwenhuijs alleged that China, which had stopped purchasing gold according to reports, was secretly growing its reserves to take advantage of the price cool-off.

@ Newshounds News™

Source:  Bitcoin News

~~~~~~~~~

🌱 FIRST SPACEX STARSHIP LAUNCH SINCE 'CHOPSTICKS' CATCH: HOW TO WATCH  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

 ~~~~~~~~~

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30 Scam Phone Numbers To Block and Area Codes To Avoid

30 Scam Phone Numbers To Block and Area Codes To Avoid

August 22, 2024  by Joshua Rodriguez

Scams are becoming more and more prevalent, and simply blocking unwanted calls doesn’t always do the trick. They’re so common that experts have coined the term “scam economy.” Unfortunately, it’s easy to change a phone number, and scammers often do so to avoid getting caught or having their call blocked. The good news is that scams operate in many known area codes, so you can avoid being the next victim simply by honing in on the list of scammer phone numbers.

Quick Take: List of Scammer Phone Numbers

Wouldn’t it be great to have a list of scam phone numbers handy to avoid them altogether or at least have 1-888 scammer numbers be clear in their intention on the caller ID? Short of never answering the phone or putting yourself on every national “do not call” list, there are some red flags you can alert yourself to before accidentally giving out your Social Security number or being a victim of identity theft.

Here is a list of scammer phone numbers that are known by government agencies such as the Federal Trade Commission.

11 Top Scam Phone Numbers

AT&T raffle winners: 904-495-2559

Bank account temporarily on hold scam: 858-605-9622

Card lock scam: 878-877-1402

Debit card frozen scam: 863-532-7969

Failed delivery attempt scam: 469-709-7630

Fake Publisher’s Clearing House win: 805-637-7243

Student loan forgiveness scam: 202-221-7923

Weight loss and delivery scam: 312-339-1227

Wells Fargo text message scam: 865-630-4266

Unpaid taxes scam: 347-437-1689

USPS scam: 301-307-4601

Quick Take: List of Scam Area Codes

More than 300 area codes exist in the United States alone which is a target-rich environment for phone scammers. The good news is that scam callers will often show up under common area codes for incoming calls. Here are 19 area codes you should never answer if you don’t know who’s on the other end.

19 Top Scam Area Codes

216: Cleveland, Ohio

218: Northern Minnesota

232: Sierra Leone

234: Nigeria

242: Bahamas

268: Antigua and Barbuda

284: British Virgin Islands

332: New York City

347: New York City

355: Albania

375: Belarus

469: Dallas, Texas

649: Turks and Caicos Islands

646: Manhattan

657: La Palma, California

712: Western Iowa

829: Dominican Republic

868: Trinidad and Tobago

876: Jamaica

What Is a Scam Phone Number or Area Code?

Scam phone numbers and area codes typically involve calls you receive from numbers you don’t recognize. Often there is no customer service you can contact or law enforcement you can involve for these calls obfuscated by distance or sheer volume. Changing a phone number is easy, so it’s challenging to catch every scam phone number out there.

TO READ MORE:    LINK    

The Trump Bitcoin Vision vs. CBDCs: The Start of a New Currency Revolution

The Trump Bitcoin Vision vs. CBDCs: The Start of a New Currency Revolution

Awake-In-3D   November 9, 2024

Why Trump’s Bitcoin vision could reshape U.S. finance and challenge traditional currency systems worldwide.

The Trump Bitcoin Vision could represent a turning point for American financial policy, challenging the global dominance of centralized digital currencies and introducing Bitcoin as a strategic national asset. By promoting a National Strategic Bitcoin Reserve and opposing Central Bank Digital Currencies (CBDCs), Trump’s proposal aims to secure greater economic independence for the U.S. and encourage a new approach to financial sovereignty.

This article discusses how Trump’s stance on Bitcoin over CBDCs might redefine the role of digital assets in America, with potential ripple effects across the global economy.

Understanding the Trump Bitcoin Vision as a Strategic Asset

Trump’s plan would place Bitcoin at the heart of the U.S. economy by establishing a National Strategic Bitcoin Reserve, an unprecedented move for a nation traditionally reliant on fiat currency and precious metals as reserve assets. By backing the nation’s wealth with Bitcoin, Trump aims to reinforce the dollar’s strength while providing a buffer against inflationary pressures.

Historically, strategic reserves in commodities like gold and oil have served to bolster national security and economic stability. In pledging a Bitcoin reserve, Trump is signaling a desire to reframe the U.S. reserve strategy around digital assets, potentially redefining financial security in the 21st century. This proposal raises fundamental questions: Could Bitcoin, as a decentralized asset, bring new stability to the American economy? Would other countries follow the U.S. lead in recognizing cryptocurrency as a strategic reserve asset?

A Departure from CBDCs: Trump’s Promise to Ban Digital Fiat

In tandem with a Bitcoin reserve, Trump’s plan includes a full-scale ban on Central Bank Digital Currencies (CBDCs), a move that reflects his stance against centralized digital assets. CBDCs, digital versions of traditional fiat currencies managed by central banks, are being explored worldwide as a means to modernize monetary policy and control currency in a digital age. However, Trump argues that such currencies centralize control, limit personal financial sovereignty, and ultimately work against individual freedom and decentralized financial principles.

A ban on CBDCs would represent a direct counterpoint to the current global trend. Countries like China, the European Union, and Canada are advancing in CBDC development, hoping these digital currencies will help modernize their economies. However, the Trump Bitcoin Vision signals a fundamentally different approach: one in which digital currency can exist independently of government and bank control, restoring the power of choice and privacy to individuals.

By positioning Bitcoin as the digital currency of choice for Americans—and rejecting the centralized oversight that defines CBDCs—Trump could foster a form of economic freedom that encourages self-sovereignty and independence. This approach could also inspire similar policies in countries wary of centralized digital currencies, potentially weakening the international momentum toward CBDCs and creating new avenues for cryptocurrency adoption.

Implications for Global Currency Reset and Revaluation of Currencies

Trump’s vision, if enacted, catalyzes a Global Currency Reset (GCR) by recalibrating how digital assets are valued relative to fiat currencies. Traditionally, global currency value has been anchored by the U.S. dollar, supported by foreign reserves and global confidence. With the introduction of Bitcoin as a strategic asset, the valuation mechanisms of currencies worldwide could be disrupted, potentially triggering an international revaluation (RV) of fiat and crypto alike.

1. Strengthening U.S. Influence through Bitcoin Reserves: Should the U.S. amass significant Bitcoin reserves, it would likely strengthen its economic position relative to other nations, particularly those that have embraced CBDCs. The U.S. dollar’s role as the global reserve currency may be tested, but Bitcoin could serve as a complementary asset that underpins a new form of financial influence.

2. Global Interest in Cryptocurrencies over Fiat: With the Trump Bitcoin Vision, other countries may face pressure to reevaluate their reserve strategies and consider adding Bitcoin or other cryptocurrencies to their portfolios. Such a shift could destabilize traditional fiat currency reliance, prompting a revaluation across the board as countries reassess the value of their reserves.

3. Challenges for CBDC-Adopting Nations: As the U.S. pivots towards Bitcoin, countries with CBDCs may face unexpected challenges, such as increased interest in decentralized cryptocurrencies by their own citizens. The appeal of self-custodied Bitcoin, which provides independence from banks and central authorities, could draw citizens away from CBDCs, particularly in regions where distrust of government-controlled currencies is already high.

Repercussions for Financial Privacy and Sovereignty

Trump’s anti-CBDC stance is also rooted in a philosophy of financial privacy and personal control. A Bitcoin-centric financial model would empower citizens to store their wealth without intermediary institutions, enabling individuals to “be their own bank.” This approach appeals to the rising demand for financial sovereignty, allowing individuals to protect their assets independently of the financial elite and governmental influence.

The promise of privacy through Bitcoin ownership, free from government oversight, contrasts sharply with CBDCs, which could offer central banks unprecedented access to citizens’ financial behavior. For those concerned with data privacy and government overreach, Bitcoin offers an alternative that balances digital access with personal freedom.

However, this also presents potential challenges. Financial systems without intermediaries—like banks—make enforcement of anti-money laundering (AML) and counter-terroism financing (CTF) regulations difficult. Policymakers would need to strike a delicate balance between maintaining regulatory oversight and preserving the benefits of self-custodied assets.

America’s Path to Bitcoin Leadership

Trump’s proposals go beyond policy rhetoric; they position the U.S. as a potential leader in the global cryptocurrency movement. In supporting domestic Bitcoin mining and removing custodial restrictions, Trump is setting the stage for a flourishing domestic Bitcoin ecosystem. These policies could foster a competitive environment that attracts Bitcoin innovators, miners, and investors, enhancing the U.S. role as a cryptocurrency superpower.

Should Trump’s vision materialize, it could also prompt other nations to emulate aspects of U.S. policy, particularly in areas where individuals seek financial sovereignty and investment freedom. This influence through indirect leadership could redefine America’s influence, offering an alternative to nations and individuals wary of centralized digital assets.

The Bottom Line: Could a Trump Bitcoin Vision Be the Dawn of a New Financial Era?

Trump’s proposed policies mark a striking departure from the current trajectory of digital currency. A National Strategic Bitcoin Reserve and a ban on CBDCs represent a bold experiment in currency sovereignty, one that underscores the shifting dynamics of global financial power and the emerging role of digital assets in wealth preservation.

The potential impact of Trump’s policies could be far-reaching, heralding a new financial era defined by decentralized assets, self-custody, and a revaluation of global currencies. If Bitcoin achieves the prominence Trump envisions, it transforms the U.S. financial landscape and prompts a broader GCR and RV worldwide, altering the way individuals, governments, and institutions view and interact with currency.

In a world increasingly reliant on digital financial systems, the Trump Bitcoin Vision offers an alternative path, one in which individual freedom, asset sovereignty, and decentralized currency form the foundation of a new economic paradigm. Whether this vision will come to fruition remains uncertain, but it undeniably places Bitcoin at the forefront of America’s evolving economic identity, positioning the U.S. as a potential leader in the global shift toward cryptocurrency-backed stability.

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© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

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“Tidbits From TNT” Sunday Morning 11-10-2024

TNT:

Tishwash:  Prime Minister's Advisor Announces US Treasury Support Mechanisms for Iraq

Today, Sunday, the Prime Minister's Advisor, Mazhar Mohammed Salih, announced the mechanisms of the US Treasury's support for Iraq since 2003, while he indicated the continuation of consultations with the US Treasury regarding combating money laundering.

Saleh told the Iraqi News Agency (INA): "The cooperation and coordination between Iraq and the US Treasury extends back to the first years since the change of the former regime," indicating that "the Treasury played an important supporting role in supporting the Paris Club Agreement in 2004 concerned with writing off Iraq's debts called pre-1990 debts, and the presence of Treasury representatives in the Paris Club Agreement Secretariat helped ensure the writing off of 80% or more of the former regime's debts."

“The US Treasury succeeded in supporting infrastructure financing in Iraq through the conference held in the Spanish capital Madrid on October 23-24, 2003. Its primary goal was to mobilize financial support for the reconstruction of Iraq after the US-led invasion in 2003.

Seventy countries and international organizations participated in the conference,” he added, explaining that “the conference was able to collect pledges amounting to about $33 billion, but a large part of these amounts was in the form of loans or technical support, and not all of it was direct financial aid.”

He explained that "the US Treasury contributed to establishing the Iraqi payments system in 2006 through a direct technical agreement with the Central Bank of Iraq to establish a wholesale payments system between the Central Bank on the one hand and the banks and the government in transferring funds and settling them electronically on the other hand, in addition to entering the era of settling bank checks electronically as well, which are matters in financial technology that are being introduced for the first time in our country

Noting that "from the history of the important assistance provided by the Treasury, it has played an important role in replacing the local, fast-forgery edition of the dinar that was issued during the nineties siege in the largest campaign witnessed by Iraq between late 2003 and early 2004 with the international edition of the dinar, according to the highest international technical specifications."

He stressed that "since the signing of the Strategic Framework Agreement in 2008 until today, there have been continuous consultations between representatives of the financial and monetary authorities in our country and the treasury to cooperate in combating money laundering and the proceeds of crime and terrorism in a manner that achieves governance and compliance for our financial and banking system as well as its optimal integration into the global financial and economic climate link

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Tishwash:  Al-Sudani and Czech Ambassador discuss developing relations with the European Union and stopping the war in Gaza and Lebanon

Prime Minister Mohammed Shia Al-Sudani discussed with the Czech Ambassador to Iraq, Jan Schneidov, the necessity for the European Union countries to work to pressure towards stopping the war in Gaza and Lebanon, stressing the importance of delivering urgent relief and humanitarian aid.

 Al-Sudani's media office stated in a statement received by {Al-Furat News} that "the latter received the new Czech Ambassador to Iraq, Jan Schneidov, where he congratulated him on assuming his duties in Iraq. During the meeting, bilateral relations between the Czech Republic and Iraq were discussed, in addition to ways to develop them in various fields, in a way that achieves common interests." 

Al-Sudani stressed the "importance of the European Union countries working to pressure to stop the war on Gaza and Lebanon," stressing the "need to deliver urgent relief and humanitarian aid to limit the serious repercussions caused by the war on the region and the world."  link

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Tishwash:  Article 140 dispute resolved.. Nineveh announces readiness for census day and refutes fears

Nineveh Governorate, northern Iraq, is preparing to conduct a general population census on November 20 and 21, in the first census to be conducted in the country since 1997 .

The population census issue represents a thorny political issue in Iraq, more than it is an organizational procedure, due to its connection to the election process and the quota system on which the political process in Iraq is based after the American invasion .

The total number of Iraqis living inside the country is estimated at about 43 million people, while the number of Iraqis abroad is more than six million, distributed across about 40 Western and Arab countries .

The Ministry of Planning confirms that the aim of the census is to establish a correct and real database on the population to ensure the fair distribution of resources and financial dues to all governorates, in addition to relying on census data in future development programmes.

The ministry points out that the general population census will not deal with the issue of the sectarian, national and religious affiliation of Iraqis, in a new indication that the citizen will not be asked about his sectarian affiliation, which is considered a positive step in the view of Iraqis who oppose the procedures for establishing sub-identities in Iraq .

Fears in Nineveh

Although the census seeks to achieve development goals, political parties in Nineveh have raised some concerns about including disputed areas and displaced people from the province in the census data for the Kurdistan Region .

In this context, Ahlam Al-Kakai, a member of the House of Representatives for Nineveh Governorate, warned against including villages from Nineveh Governorate in the Kurdistan Region in the population census process that will begin next month .

Al-Kakai told Shafaq News Agency, "Some villages in Al-Hamdaniya district in Nineveh, especially the Kakai and Arab villages, were included in the population census in Dohuk Governorate ."

She pointed out that she had communicated with the local authorities in Nineveh and the Statistics Department in Nineveh to find out the reason for including areas of Nineveh in the region in the census, indicating that these authorities had confirmed that this procedure had come in an organizational and administrative manner in agreement between the Iraqi Ministry of Planning and the Kurdistan Regional Government, and that including areas of Nineveh in the census to the region represents a dangerous step and may pave the way for more dangerous subsequent steps, according to her .

Hosting the wallets

These concerns prompted the provincial council to host Nineveh Governor Abdul Qader Al-Dakhil and Nineveh Statistics Director Nawfal Suleiman to discuss these concerns. Provincial Council member Marwan Al-Taie confirmed the council’s rejection of the deployment of Kurdistan Region statistics teams in the disputed areas within the administrative borders of Nineveh Governorate .

Al-Taie told the agency, "The council hosted the governor of Nineveh to verify the information indicating the deployment of census teams affiliated with Kurdistan   in the villages and areas of Nineveh located within the disputed areas that are under the control of the Kurdish forces ."

He added: "The Nineveh Statistics Directorate confirmed that its teams will be deployed in all disputed areas within the administrative borders of Nineveh, and that there is coordination between the Iraqi Ministry of Planning and the Kurdistan Regional Government regarding work in areas under the control of the Peshmerga forces, which are administratively affiliated with Nineveh Governorate ."

Disputed

In contrast, Nineveh Governor Abdul Qadir Al-Dakhil announced that all areas affiliated with Nineveh Governorate, according to the administrative borders that were adopted before April 2003, will be included in the census and within the data specific to Nineveh Governorate, and not within the data of the Kurdistan Region .

Al-Dakhil told Shafaq News Agency, "Nineveh has obtained the first place in Iraq in conducting the experimental population census," stressing the readiness of the census teams to complete the national census mission on the twentieth and twenty-first of this month. He pointed out that there will be a holiday and a curfew on the census days, calling on the people to cooperate with the census teams in order to accomplish development matters in the governorate and all of Iraq .

Al-Dakhil stressed that Nineveh has been subjected to great injustice and oppression throughout the past years due to the failure to conduct a population census, indicating that the official data of the Iraqi state has proven the population of Nineveh to be less than 3 million people, while the real number may exceed five million, indicating that this has had a negative impact on Nineveh and its budgets from the federal government .

Regarding the disputed areas, Al-Dakhil confirmed that there is joint coordination between the Iraqi government and the Kurdistan Regional Government to conduct a population census in the disputed areas in Nineveh Governorate .

He stated that "all the inventory, numbering and census operations that are taking place in the disputed areas will be recorded in the data of Nineveh Governorate," indicating that those areas will include all the lands within the administrative borders of Nineveh before April 2003 .

Displaced people from Sinjar

Regarding the displaced people from Nineveh, especially the Yazidi component displaced from Sinjar district to the Kurdistan Region, Al-Dakhil confirmed that the population census process will prove their residence within their original areas and not in the areas to which they were displaced. He pointed out that the displaced people’s form for the census will include a box about the original place of residence to confirm the areas of the displaced people, especially from Sinjar .

Joint coordination

However, the Nineveh Council member for the Kurdistan Democratic Party, Ahmed Al-Kiki, confirmed that the census work in the disputed areas is being carried out in coordination between the Iraqi government and the Kurdistan Region, while he explained that the statements of some officials, representatives and members in Nineveh reflect their lack of knowledge of the cooperation taking place between Baghdad and Erbil in this regard .

Al-Kiki told the agency, "There is great coordination between the Federal Statistics and Geographic Information Systems Authority and the   Statistics Authority in the Kurdistan Region, to discuss the joint preparations underway to implement the general population and housing census scheduled to be conducted on the twentieth of this November ."

Al-Kiki added: "The purpose of the census is clear to everyone, which is to draw a clear picture of the reality of the situation in order to develop plans, policies and economic and investment strategies to advance the reality of development and improve the level of services provided to citizens." He pointed out that the talk of some members of the Nineveh Provincial Council are ill-considered statements that have no connection to the reality that reflects the strength and solidity of the great cooperation between the central and regional governments .

Ready to set up

Regarding the preparations for the census process, the Director of Nineveh Statistics, Nawfal Suleiman, announced the readiness of the statistics teams in the governorate to conduct the general population census process on November 20 and 21 .

Suleiman said in a statement to Shafaq News Agency: "His department was able, in a short period of time, to prepare approximately 11 thousand people to participate in the national census campaign in Nineveh," adding that "the census teams have completed 97 percent of the enumeration and numbering work, and it is scheduled to complete the enumeration and numbering of buildings within the next two days in the remaining areas located in the Hatra district."

He concluded by saying: "900,000 buildings were counted and numbered in Nineveh, while 1.1 million were counted in Baghdad and 600,000 in Basra. This is evidence that Nineveh is still ahead of many governorates in population." link

Mot.. Happy Veterans Day

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