MilitiaMan & Crew Iraq News-Central Bank Iraq-Monetary Stability Excellent-Budget Law 2023, 2024, 2025-Article 13

MilitiaMan & Crew Iraq News-Central Bank Iraq-Monetary Stability Excellent-Budget Law 2023, 2024, 2025-Article 13

11-25-2024

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=c82txJIGCxE

Seeds of Wisdom RV and Economic Updates Monday Evening 11-25-24

Good Evening Dinar Recaps,

BRICS: NEWS INDIA EXTENDS CBDC PAYMENTS TO NEW COUNTRIES

BRICS member India is strengthening its CBDC mobile payment ties with many more countries for cross-border transactions. Bloomberg reported that India is partnering with multiple countries in South Asia to process mobile payment systems. 

The countries include the Philippines, Sri Lanka, and its BRICS counterpart the United Arab Emirates (UAE). T Rabi Sankar, Deputy Governor of the Reserve Bank of India (RBI) confirmed the development at the conference in Cebu, Philippines.

In addition, BRICS member India has already maintained the CBDC payment agreement with Bhutan and Nepal. The RBI is collaborating with ASEAN countries to integrate the platform for all like-minded nations. For the uninitiated, India is among the first countries in the world to successfully launch the pilot batch of the CBDC testing.

BRICS country India is assessing the possibilities of launching the CBDC digital currency for government, retail, and institutional usage.

It is also studying the impact a CBDC currency could have on the overall economy, banking systems, and monetary policies. When asked about when the CBDC digital currency could be launched, Sankar said that India is not in a hurry. “We are in no hurry to roll it out immediately. Once we have some visibility of what the outcome or impact will be, we’ll roll it out. We don’t keep a specific timeline for that.”

@ Newshounds News™

Source: Watcher Guru

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WHY XLM: IS STELLAR THE MOST UNDERRATED CRYPTO?

▪️Stellar has seen a significant price surge, sparking renewed interest in its potential.

▪️Stellar's co-founder, Jed McCaleb, emphasizes its real-world utility, advanced features, and potential to revolutionize global finance.

▪️Stellar's high transaction volume, native stablecoins, decentralized exchange, and secure smart contracts ensure it as a strong player.

The Stellar market has soared by an astounding 478.057% since November 5, making waves across the crypto community. This unexpected price surge has left many asking: Could Stellar be one of the most underrated projects in crypto?

Co-founder Jeb McCaleb recently shared insights that reveal the true power behind Stellar—insights that most people have overlooked until now. What makes this project so special? Let’s dive deeper and uncover why Stellar might just be more than meets the eye.

Steller’s Growing Popularity
Stellar’s popularity has grown significantly in recent years, with the sharp rise in XLM’s price this month showing the growing interest in the project. While McCaleb acknowledged this increased attention, he pointed out that many people still don’t fully understand the potential of Stellar.

Despite the buzz, he believes the project remains underrated.

Stellar vs. Ethereum
One of McCaleb’s key points was about the scale of Stellar’s daily transactions. He noted that Stellar handles at least ten times more transactions daily than Ethereum, and a large portion of these transactions involve real-world payments.

This impressive transaction volume, combined with its practical use cases, is a major reason for the recent rise in XLM’s price.

Stellar’s Powerful Features
Stellar offers several unique features that have contributed to its popularity and price surge:

▪️Native Stablecoins: Stellar supports its own stablecoins, which makes it perfect for cross-border payments.
▪️Built-in Decentralized Exchange (DEX): Stellar’s integrated DEX allows easy token swaps without the need for third-party exchanges.
▪️On-Chain Governance: The project includes built-in governance features, ensuring more transparency and security.
▪️Safer Smart Contracts: Stellar’s platform allows secure smart contracts, making transactions safer.
▪️Passkey and Multi-Signature Support: The network enhances security with passkey support and native multi-signature features.

McCaleb also emphasized Stellar’s efficiency, noting that the platform supports fast transactions with near-zero fees. This cost-effectiveness and speed make it a top performer in the crypto space, and a big reason why Stellar is gaining more attention.

The Future of Stellar
McCaleb described Stellar as a powerful payment system that fits perfectly with the true purpose of cryptocurrency. He hopes that both businesses and individuals will soon recognize the value of using Stellar for financial transactions. He also predicts that Stellar will play a major role in the global financial system in the near future.

FAQs
What makes Stellar XLM unique?
Stellar’s unique features include native stablecoins, a built-in DEX, on-chain governance, safe smart contracts, and a scalable, secure platform ideal for financial transactions.

Is Stellar XLM underrated?
Despite its strong fundamentals and growing popularity, Stellar is often considered underrated due to a lack of widespread understanding about its real-world impact and capabilities.

What’s clear is that Stellar’s journey has only just begun, and its impact will soon be seen in the crypto industry.

@ Newshounds News™

Source:  CoinPedia

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AUSTRALIA BEGINS CONSULTATION ON OECD CRYPTO REPORTING FRAMEWORK

Australia’s Treasury seeks input on implementing the crypto-asset reporting framework within its domestic tax laws.

Australia’s Treasury Department released a consultation paper seeking feedback on applying an international reporting standard for cryptocurrency transactions. The initiative is part of a broader effort to enhance tax transparency and combat global tax evasion.

The consultation, launched on Nov. 21, focuses on implementing the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF).

The OECD framework sets standardized rules for collecting tax data on crypto-asset transactions and sharing that information among tax authorities.

The paper presents two options for implementing CARF: adopting the framework into Australian tax law or taking a more tailored approach that would target the needs of the Australian Taxation Office.

Adopting an international standard on crypto reporting
In 2022, the OECD — an intergovernmental organization creating international standards — developed and released CARF to combat global tax evasion using crypto assets.

The OECD developed CARF in 2022 to combat global tax evasion through crypto assets. In 2023, 47 countries, including Australia, committed to adopting the framework. The initiative is expected to enhance visibility into crypto transactions and bolster international information exchange.

Australia is now moving toward integrating CARF into its tax law by consulting with stakeholders.

OECD’s CARF will mandate crypto exchanges and wallet providers to report specific crypto transactions to the relevant tax authorities. The information collected would include digital asset purchases.

According to the consultation paper, CARF reporting requirements may start in 2026. The Treasury stated:

“Subject to a final decision of Government, it is envisaged that CARF reporting requirements would commence from 2026, to ensure the first exchanges between the ATO and other tax authorities could take place by 2027. This timeframe would also be subject to future legislative priorities.”

The Treasury also said this timeframe will provide enough lead time for reporting crypto providers to update their systems.

Other countries implementing CARF into tax laws
Other jurisdictions have also started integrating CARF into their domestic laws. On April 18, Canada announced it would apply the framework by 2026.

 On May 18, Switzerland issued a public consultation for applying the standards to its local tax laws. The country also intends to implement the framework to enhance tax transparency for crypto assets.

Meanwhile, New Zealand introduced the framework in a new tax bill. On Aug. 27, the New Zealand Minister of Revenue submitted a proposal to implement the framework into its laws. Crypto providers are expected to collect information starting on April 1, 2026, and submit them by June 30, 2027.

@ Newshounds News™

Source:  CoinTelegraph   

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WISDOMTREE FILES FOR XRP ETF VIA DELAWARE TRUST, JOINS BITWISE, CANARY CAPITAL IN THE RACE

Moving beyond Bitcoin, asset managers are now eyeing towards XRP as the next big player in the ETF space. In a latest develoment, the Global ETF provider WisdomTree has filed to launch an XRP ETF in the U.S. notably, this is the third filing to establish a spot XRP ETF in the country. Moreover, the XRP price soared over 10% after the announcement.

Eleanor Terrett Confirms The Legitimacy
The trust filing represents a preliminary step in the ETF launch process, preceding a formal application to the SEC.

The update was shared by Fox journalist Eleanor Terrett. Terrett also confirmed the legitimacy of the filing with WisdomTree, which manages over $100 billion in assets.

 Also, just recently, the organization introduced its physical Ripple ETP in Europe. The latest Delaware filing shows the firm’s growing interest in Ripple’s native token.

Additionally, two other firms have filed for an XRP ETF. In October, Bitwise and Canary Capital filed for spot XRP ETFs with the U.S. SEC.

XRP Surges 10%
The news has driven a notable price surge for XRP, with its value rising over 10% in intraday trading. Many market experts anticipate that if XRP breaks out above $1.50, its price could rally to over $2 in the short term.

Renowned analyst Armando Pantoja in a bullish outlook has suggested that XRP could surge to $8-$30. This optimism stems from expectations that Ripple’s long-standing legal battle with the U.S. SEC may resolve favorably in early 2025 in line with Trump’s return and Gensler’s exit.

With SEC Chair Gary Gensler set to resign, speculation is mounting around the future of XRP ETFs, particularly due to the Ripple SEC case. Experts believe that Gensler’s departure could lead to a relaxation in regulations potentially easing the path for XRP ETFs under new leadership.

@ Newshounds News™

Source: CoinPedia 

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Thank you Dinar Recaps

The ‘Hermit’ Savings Rules: 8 Frugal Tips for Today’s Economy

The ‘Hermit’ Savings Rules: 8 Frugal Tips for Today’s Economy

Cindy Lamothe  Mon, November 25, 2024   GOBankingRates

When your personal finances combine with your personal space, your spending habits and savings account might be working a bit more harmoniously too. Consumer practices across the world have been altered significantly over the past few years — for obvious reasons and otherwise — in what economists have dubbed “the age of the hermit consumer.”

“For ‘hermit’ consumers, it can be really easy to make impulse purchases and overspend because of how easy and convenient shopping online is,” said Carter Seuthe, CEO of Credit Summit Consolidation. “Something that can be helpful to maintain a more frugal budget is just to define your expectations and priorities when it comes to the amenities you have.”

Whether it’s how you approach your visit to the grocery store or price-matching your favorite online retailers, the how, when and where you swipe your credit card has simply changed. If you embrace the hermit lifestyle and prefer your saving and spending to be done in a vacuum, below are some expert frugal living tips to thrive in today’s economy.

Embrace a DIY Mentality

“DIY is my new favorite hobby,” said Andrei Vasilescu, co-founder and CEO of DontPayFull. “It’s cost-effective, and YouTube is a great teacher. About 50% more people are getting into DIY now.”

Syed Lateef, business coach and CEO of SyedBNB, agrees. “We can all see it,” Lateef said. “The focus has shifted towards a more home-oriented lifestyle, and I can personally say that more people are embracing do-it-yourself (DIY) activities.”

He said this is a good thing because mastering basic skills for home and car repairs can lead to considerable savings. Simply put, it’s better to invest your time than a third of your paycheck every time you need some general maintenance or repairs done.

“Nowadays, the hundreds of online tutorials and resources makes it easier than ever to learn and perform these tasks ourselves,” he said, “reducing the need to hire professionals.”

Save Money by Cooking at Home

“The driving force behind the hermit economy isn’t entirely clear,” Lateef said. He said it could be due to the lingering hesitation for close-contact services, the increase in remote work or a shift in social values. Instead of dinner and a movie out, you can now meal-plan and binge on your favorite streaming service.

“What’s obvious, though,” he said, “is that consumers are now more inclined to spend on home-centric activities.”

As a result, he said, many followers of the FIRE (financial independence, retire early) movement have come to realize that frequent dining out can be quite costly. So, frugal individuals are embracing the art of cooking at home, experimenting with budget-friendly and nutritious meals.

He added, “Hermit consumers save money but also encourage healthier eating habits.”

Focus on Secondhand Finds

Repurposing secondhand or vintage items such as clothing or home decor is both economically and environmentally friendly. In the current economic climate, looking at secondhand alternatives before buying new is a wise strategy, Lateef suggested.

“I believe that the ‘hermit’ consumers are now placing more emphasis on sustainability because of the pandemic, so shops like thrift stores and online marketplaces are trending because of the treasure troves of affordable, yet quality items.”

In terms of frugality, he said, this not only helps save money but also aligns with sustainable practices by repurposing and recycling items.

TO READ MORE:  https://finance.yahoo.com/news/hermit-savings-rules-8-frugal-140043078.html

FRANK26……11-25-24……IN 2 WEEKS

KTFA

Monday Night Conference Call

FRANK26……11-25-24……IN 2 WEEKS

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

Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.  

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

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

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

https://www.youtube.com/watch?v=Ksm0QN4i9Eg

Monday Evening News With MarkZ 11-25-2024

Monday Evening News With MarkZ

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member: GE all, Mark and mods. Bring us some good news please.

MZ: I have a number of bond contacts that reached out today to let me know that they are expecting  timing and procedures updates tomorrow to let them know how they are handling the first 1%...times are ranging from mid- afternoon to evening tomorrow. So I should have an update tomorrow night what bond folks are hearing and expecting.

MZ: “Al Mashandi directs the lifting of the stalled laws to the Presidency of the House of representatives”   Those laws are coming off “stuck” . One of those stalled laws is the HCL.

MZ: “In preparation for the resumption of exports, Parliament will raise the cost of purchasing oil in the 2025 budget” Now the Kurdish region can actually make money on the production of oil. This is one of the biggest sticking points between Baghdad and Erbil for the HCL.

MZ: “Relationship on the closing of the platform . There is no sudden transition but rather a gradual transition that will be completed within two weeks” Here are your banking changes. Alak announced today that their banking system is at its best. The process began in 2024 and there is 5% left to be completed within the next 2 weeks. Before Victory Day on Dec 10th I hope and pray it is done by then.

MZ: There are a whole lot of folks that say all these things coming together means a rate change. I believe them to be accurate.

MZ: If we are still sitting here after Dec 10th I am really gonna start to wonder.

MZ: “Officially Elena Romanowski’s assignment in Iraq ends”  I would like to point out that a number of revaluations in the middle east while she was with the state department or an Ambassador…she was famous for that …maybe Iraq will be her “swan song” on her way out of the door.

MZ:  We do not yet know who Trump will be putting in as the Ambassador to Iraq…..but you can bet it’s someone who is pro revaluation.

Member: thanks to all….and have a blessed night.

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

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

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

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

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

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

Youtube:    https://www.youtube.com/watch?v=xKa8d5kH-cU

Why Tokenized Gold Is the Key to Currency Revaluation Success

Why Tokenized Gold Is the Key to Currency Revaluation Success

Awake-In-3D  November 24, 2024

Explore how tokenized gold addresses the logistical and financial challenges of traditional assets while aligning global currencies with tangible value during the Global Currency Reset.

In a world undergoing a Global Currency Reset, tokenized gold is emerging as a groundbreaking solution to modern financial challenges. By combining the timeless stability of gold with the efficiency of blockchain technology, tokenized gold simplifies asset management while aligning global currencies with tangible value. This innovative approach not only ensures economic stability but also creates new opportunities for equitable participation in a revalued economy.

Integrating Traditional Assets with Tokenized Gold Technology

For centuries, gold has served as the cornerstone of financial systems. Even after the gold standard was abandoned in many countries, its intrinsic value has remained a benchmark for economic stability. During a currency revaluation (RV), where authorities adjust currencies to reflect their true market value, tokenized gold often acts as a stabilizing force. It provides tangible backing to currencies, instilling confidence among investors and governments alike.

However, physical gold has limitations—it is cumbersome, expensive to store, and often inaccessible to smaller investors. This is where tokenized gold, the process of creating digital tokens backed by physical gold, steps in to modernize gold’s role in the financial ecosystem.

A Modern Solution for Currency Revaluation

Gold tokenization involves issuing blockchain-based tokens that represent ownership of physical gold. Each token is securely linked to a specific quantity of gold, stored in professional vaults and audited regularly. The blockchain provides an immutable ledger, ensuring transparency and preventing fraud.

In the context of the RV, tokenized gold offers several advantages:

Liquidity: Unlike physical gold, tokenized gold trades instantly on digital platforms, enabling faster transactions and greater market participation.

Fractional Ownership: Investors can hold small fractions of gold, making it accessible to individuals and institutions with varying investment capacities.

Borderless Trading: Blockchain technology allows tokenized gold to be traded globally without the restrictions of traditional financial systems.

These features make tokenized gold an attractive asset during the RV, where rapid adjustments in currency values require assets that are both stable and flexible.

The Role of Tokenized Gold in Currency Revaluation

One of the primary goals of the RV is to align currency values with tangible assets, creating a more stable and transparent financial system. Tokenized gold integrates effectively into this framework, providing a digital standard for currency valuation.

Stability: Gold’s historical stability ensures that tokenized gold provides a reliable benchmark during volatile periods of revaluation.

Transparency: Blockchain technology guarantees traceability and accountability for tokenized gold, fostering trust among governments, institutions, and investors.

Accessibility: Tokenized gold democratizes access to gold reserves, enabling smaller economies to use tangible assets as collateral.

Economic Impact of Tokenized Gold

The introduction of tokenized gold into the global financial system will significantly impact currency valuation and economic behavior during the RV:

Strengthening Currency Reserves
Governments and institutions can use tokenized gold to enhance currency reserves without the logistical challenges of storing physical gold. This approach establishes a more efficient and secure backing for global currencies.

Facilitating International Trade
Tokenized gold serves as a universal medium of exchange, reducing reliance on traditional fiat currencies. This aligns with the GCR’s objective of creating a balanced and equitable global trade system.

Encouraging Investment and Stability
Tokenized gold’s liquidity and accessibility attract a broader range of investors. Increased participation strengthens overall trust in the financial system and contributes to long-term stability.

Challenges and Considerations

While tokenized gold holds immense potential, several challenges must be addressed to achieve widespread adoption:

Regulatory Hurdles: Global harmonization of rules regarding digital assets and gold reserves will be essential.
Technological Risks: Robust cybersecurity measures must protect tokenized gold from vulnerabilities such as hacking and fraud.
Market Volatility: Gold’s value can still fluctuate, requiring mechanisms to manage these fluctuations effectively during the RV process.

The Bottom Line: Tokenized Gold in a Revalued Economy

In a world poised for a Global Currency Reset, tokenized gold represents a transformative asset. By integrating the stability of gold with the innovation of blockchain technology, it offers stability, transparency, and accessibility in an era of rapid economic transformation. Governments, institutions, and investors must collaborate to address regulatory, technological, and economic challenges, ensuring that tokenized gold fulfills its potential as a cornerstone of a revalued global economy.

=======================================

© 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

Follow me on Twitter: @Real_AwakeIn3D

Iraq Economic News and Points to Ponder Monday Afternoon 11-25-24

Al-Alaq: The Monetary Situation In Iraq Is Excellent And Our Reserves Support The Stability Of The Exchange Rate

Time: 2024/11/25  Read: 1,911 times  {Economic: Al Furat News} The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Monday, that the monetary situation in Iraq is very excellent, noting that “the increase in the volume of reserves enables us to support the exchange rate and achieve monetary stability.”

Al-Alaq added in a press statement that the Central Bank is distinguished by its ability to "respond to providing the country's needs for currency," indicating that "foreign transfers for trade purposes are proceeding smoothly after the implementation of the new system."

Al-Alaq revealed that "the Central Bank will launch a new mechanism for travel or treatment transfers next year," stressing that "there are agreements with four companies to launch a new mechanism for travel or treatment transfers."   LINK

US Ambassador: Our Partnership With Iraq Continues And We Are Committed To Supporting These Sectors

Monday 25 Nov 2024 | Economic Number of readings: 112   Baghdad / NINA / The US Ambassador confirmed the continuation of the US government's partnership with the Iraqi government and working hand in hand with various sectors, and providing sustainable energy to ensure a better future for future generations.

“Launching this program will help us secure Iraq’s future,” said US Ambassador Alina Romanowski during the launch of the Universal Access Program to Improve Water and Sanitation Services in Iraq today, Monday, in the capital Baghdad. “Launching this program will help us secure Iraq’s future. Last September, the US government, through the US Agency for International Development and UNDP, helped Iraq with existing strategies to protect the environment and diversity from climate change.” She added

“Launching the Universal Access Program to Water and Sanitation Services and Achieving Food Security for the Most Vulnerable People is an important strategic step. We believe that the importance of access to clean water in Iraq may pose a challenge to some citizens in the countryside or the city. We also see that there are many challenges that we can clearly see.”

She explained, “Climate change, unsustainable irrigation systems, and water pollution are emerging challenges to the environment and also affect people’s lives. Therefore, we are working today to invest in water and sanitation, and we can help build the basic infrastructure for this issue.”

She added, “The US government, through the US Agency for International Development, is cooperating today with UNICEF to launch this program, which will help provide financial grants to launch The comprehensive access to water and sanitation services program and the management of the water file in its entirety, will also help in the integration of various parties, including the international community, the public sector and the private sector, hand in hand to work with each other,”

indicating that “this partnership is to enhance water and sanitation services that help people to access safe drinking water, and there are 5.9 million people who may not be able to access this clean safe water.”

The US Ambassador stressed the need for community leaders, the public and private sectors, and all citizens to cooperate to rationalize water use, and the importance of this water for everyone.

She continued, "Since 2017, USAID has contributed to various programs and played an important role in helping 12 million citizens access safe water, and has also helped various water projects. For the period 2020-2023, USAID has also contributed to the reconstruction of 10 desalination plants in Basra, as well as helping five million people in Basra access healthy water."

She added, "This long-standing partnership with the Iraqi government, and cooperation with UNICEF since the beginning of this year, has helped the US Agency secure 18 million people to enhance access to water as well as various water initiatives, how to ensure the availability of water and its optimal use, and better manage water resources."

She pointed out that $15 million was provided last June to help food programs, enhance Iraqi community preparedness, and reduce the impact of climate on water projects, in addition to other initiatives in which women and youth contributed, indicating that “access to water is an important goal in the sustainable development agenda, and represents a commitment between our two countries to protect cultural and knowledge exchange.”

She added that “the importance of the sustainable support strategy for water management falls within the framework of an important environmental need that may help today in addressing water scarcity, addressing the problem of food and water security, and confronting climate change,” stressing that “the support that we are all committed to today will help us in various fields through various partnerships, projects, and assistance.” /End5   https://ninanews.com/Website/News/Details?key=1171022

The Monetary Position Is Very Excellent".. Central Bank: We Will Launch A New Mechanism For Travel Or Medical Transfers

Economy  | 11/25/2024  Mawazine News – Baghdad  The Governor of the Central Bank, Ali Al-Alaq, announced today, Monday, that the monetary situation in Iraq is very excellent, and while he indicated that external transfers for trade purposes are proceeding smoothly after the implementation of the new system, he confirmed the existence of agreements with 4 companies to launch a new mechanism for travel or medical transfers.

Al-Alaq said, on the sidelines of his participation in the opening of the activities of the Arab Sustainable Development Week Forum in its fifth edition, held in the Egyptian capital, Cairo, and followed by "Mawazine News", that "there are trends within the government aimed at diversifying and strengthening the national economy, as the banking sector does not flourish except when there is a diverse production base,"

indicating that "Iraq suffers from heavy dependence on economic activity related to the oil sector, which contributes mainly to the transfer of oil resources to the trade sector, and this constitutes a major imbalance in the structure of the economy."

He continued, "In other words, oil revenues are transferred to building the economies of other countries through the large volume of imports, and this requires the necessity of activating the banking sector to provide the necessary financing to establish real projects in the basic economic sectors, especially in the industrial and agricultural sectors, in addition to other sectors."

Al-Alaq added: "I believe that this approach will contribute to reducing dependence on oil resources, in addition to providing job opportunities and real economic growth."

He stressed that "the monetary situation in Iraq is currently very excellent," noting that "the high volume of foreign reserves enables the Central Bank to support and defend the exchange rate and achieve monetary stability, despite the difficult circumstances surrounding the countries of the region."

He explained that "the Central Bank is working to find ways and means to meet all the needs of the country, citizens and the business sector for foreign currency."

He continued by saying: "Whenever the necessary conditions and factors are available for transfer operations or demand for foreign currency, the Central Bank is ready to deal with this request without any fears or concerns, which contributes to maintaining stability."

He stressed that "the Central Bank is currently distinguished from the rest of the countries in the region by its ability to respond to providing the country's needs for foreign currency, whether for the public or private sectors or even the civil sector, to meet various types of requests for foreign currency."

He pointed out that "there is a historical shift taking place in the framework of foreign transfers and meeting demands for the US dollar, as there were many observations that necessitated changing the procedures and policies related to dealing with and providing foreign currency."

He added, "The Central Bank has implemented a new system for foreign transfers to ensure their fluidity and transparency. Despite the challenges and difficulties that faced the implementation of these procedures at the beginning, we have overcome these obstacles,

and today the process of foreign transfers for commercial purposes is proceeding smoothly, which explains the general control over prices and inflation, as the Central Bank continues to provide dollars for trade at the official price."

He continued, "New channels have also been opened for transfers using other currencies, such as Turkey, India and China, in addition to European countries. This will make the process of foreign transfers more flexible and streamlined, while ensuring transparency and oversight that enhances trust and credibility in the operations we carry out."

Regarding providing remittances for citizens for various purposes, such as travel, treatment, or any legitimate transfers abroad, Al-Alaq confirmed, "Next year, we will launch a new method to expand and enhance these operations, just as we did for commercial transfers."

He pointed out that "there are also current agreements with relevant companies such as (Visa, Mastercard, MoneyGram, Western Union) to establish a new framework for implementing these operations, which will constitute another shift in controlling these operations."

Al-Alaq added, "Next year or the beginning of next year 2025 will witness the completion of the current procedures, and we seek to provide reassurance, especially with some people's questions about the fate of transfers after the completion of the electronic platform at the end of this year 2024."

“There is no sudden transition, but rather a gradual transition that began in 2024, where the banks’ relationship was transferred directly to correspondent banks without passing through other links, and the process has been completed with continued success,” he continued, stressing that “more than 95% of this goal has been achieved, and this process will be completed successfully within the next two weeks,” noting that “there is international anticipation to celebrate this occasion.”

https://www.mawazin.net/Details.aspx?jimare=256905

Find Out The US Dollar Exchange Rates In The Iraqi Markets With The Closing Of The Stock Exchange

Economy  | 11/25/2024  Mawazine News – Baghdad  The US dollar exchange rates stabilized on Monday in the markets of the capital Baghdad and Erbil, the capital of the Kurdistan Region, with the closure of the country's main stock exchange.

The dollar prices stabilized with the closing of the Al-Kifah and Al-Harithiya stock exchanges, recording 150,250 dinars per 100 dollars, the same prices recorded this morning.

As for the selling prices in exchange shops in the local markets in Baghdad, they stabilized, as the selling price reached 151,250 dinars per 100 dollars, while the purchase price reached 149,250 dinars per 100 dollars.

In Erbil, the dollar also stabilized, as the selling price in exchange shops reached 150,200 dinars per 100 dollars, while the purchase price reached 150,100 dinars per 100 dollars.

https://www.mawazin.net/Details.aspx?jimare=256913

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

Seeds of Wisdom RV and Economic Updates Monday Afternoon 11-25-24

Good Afternoon Dinar Recaps,

NEW OIL-RICH MIDDLE EASTERN COUNTRY EXTENDS SUPPORT TO BRICS

The BRICS alliance is gaining the support of oil-rich Middle Eastern countries in its aggressive global push towards de-dollarization. The bloc inducted oil exporting nations like the UAE, Egypt, and Ethiopia during the 15th summit in South Africa. It also invited Saudi Arabia to join the group but the Kingdom is yet to officially decline the offer.

As of 2024, the BRICS alliance controls nearly 30% of all the global oil supply. BRICS received a boost in the arms after it inducted oil-exporting countries into the alliance. It is now looking to take control of the oil and gas sector and push local currencies for cross-border transactions.

BRICS: Oil-Rich Bahrain Extends Support to the Alliance
Oil-rich Middle Eastern country Bahrain has extended full support for the BRICS alliance. 

Despite not receiving an invitation to be a part of the bloc, Bahrain has always attended the summits and programs held by the group. Bahrain did not receive an invitation to be a part of the ‘Partner Countries’ either which was sent during the 16th summit.

“We (Bahrain) take part in the BRICS Plus group’s activities. We always participate in all BRICS Plus meetings,” said the Middle Eastern nation’s Ambassador to Russia Ahmed Al Saati. 

The oil-rich nation is keen on supporting BRICS without being a part of the alliance. “This is an international association. An invitation should come from the organization itself. However, we have always been participating; we attended the Nizhny Novgorod event,” the Ambassador explained to Russian news outlet Tass.

The development indicates that emerging economies, including oil-rich nations, are keen on supporting BRICS. They find it to be an alternative to the Western-dominated global financial sector. This puts the Western hegemony at risk as developing countries are seeking alternative options to the US dollar.

@ Newshounds News™

Source:  Watcher Guru

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RIPPLE NEWS: $3.8B TOKENIZED FUND LAUNCHES ON XRPL

Ripple and Archax just made a big move that could change how institutional finance works. Together, they’ve launched the first ever tokenized money market fund on the XRP Ledger (XRPL). It’s based on abrdn’s $3.8 billion US Dollar Liquidity Fund, and it’s a huge deal for anyone watching the rise of tokenized assets.

A Major Step by Ripple
This isn’t your everyday blockchain project. Ripple has invested $5 million into abrdn’s Lux fund tokens, signaling its serious commitment to real-world asset (RWA) tokenization. ]

Archax, being a UK-regulated exchange, adds the compliance and trust needed for institutional adoption. Ripple’s XRPL technology brings in efficiency, aiming to make financial transactions smoother and cheaper.

The best part? This is the first tokenized fund on XRPL. That means the fund gets all the benefits of blockchain, like fast settlements and less reliance on middlemen. It’s not just innovation—it’s problem-solving.

Why Tokenized Assets Are a Big Deal
Tokenized funds are growing fast. They already manage over $1 billion in assets, and experts believe this could skyrocket to $16 trillion by 2030. Ripple, abrdn, and Archax are getting ahead of the curve, setting the stage for how tokenized assets could work in the future.

And there’s more. Duncan Moir from abrdn says this isn’t just about technology—it’s about saving time and money. Moving funds on-chain means faster processes and fewer delays. Ripple’s Markus Infanger agrees, calling XRPL a leader in helping institutions scale their operations.

What to Expect Next
This partnership is just the start. As tokenized assets grow, more institutions will likely jump on board. Ripple and Archax are leading the way, showing how blockchain can reshape finance.

For Ripple, this isn’t just a win. It’s a statement. They’re proving blockchain isn’t just about crypto—it’s about transforming the way money moves globally.

@ Newshounds News™

Source:   CoinPedia  

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WHY IRAQ’S FINANCIAL REVOLUTION IS A BIG DEAL  |  Youtube

 @ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Everything You’ve Been Taught About MONEY Is WRONG

Everything You’ve Been Taught About MONEY Is WRONG

Taylor Kenny:  11-24-2024

Discover the truth about money, currency, and debt in this eye-opening video.

Learn how fiat currency erodes your wealth, why inflation benefits governments but punishes savers, and why true money, like gold, remains the ultimate store of value.

If you're concerned about protecting your financial future, this is a must-watch!

CHAPTERS:

00:00 - Introduction: Is everything you know about money a lie?

00:26 - Currency vs. Money: The critical difference

01:21 - How fiat currency is tied to debt

02:36 - Financial wealth vs. real wealth

 04:10 - Why fiat currency loses value

05:45 - Inflation: Who benefits and who suffers?

07:30 - Protecting yourself with gold

https://www.youtube.com/watch?v=NEEe69BcaW4

Why a Global Currency Reset, Gold and Blockchain Alliance Are Unstoppable Forces in the New Financial System

Why a Global Currency Reset, Gold and Blockchain Alliance Are Unstoppable Forces in the New Financial System

Awake-In-3D   November 24, 2024

As currencies revalue and gold returns to prominence, blockchain emerges as the foundation of a new monetary system.

The financial world is at a turning point, and I want to share why this moment is so significant for all of us. For decades, fiat currencies have dominated the global economy, but their instability has created challenges we can no longer ignore. Now, a powerful shift is underway—a Global Currency Reset and Blockchain movement that merges gold’s timeless value with the efficiency of blockchain technology. This alliance has the potential to reshape the financial system entirely, and I’m here to walk you through why it matters and what it could mean for our future.

We now find ourselves witnessing a profound financial system transformation, one that parallels the United States’ departure from the gold standard in 1971. This time, the shift is marked not by the abandonment of gold but by its resurgence alongside the adoption of blockchain technology and cryptocurrencies. A growing alliance between traditional banking institutions, blockchain platforms, and the reintegration of gold as a foundational asset signals a significant leap toward a tokenized financial future—one widely viewed as a precursor to a Global Currency Reset and Blockchain transformation.

According to a recent McKinsey & Company report, ‘Tokenised financial assets: Moving from pilot to scale’, tokenisation has reached a tipping point, setting the stage for at-scale implementations that promise enhanced liquidity, operational efficiencies and new avenues for revenue generation.

This new monetary framework intertwines cutting-edge digital innovation with the timeless stability of precious metals. While this “New Alliance” promises unprecedented opportunities for financial growth and reform, it also raises critical questions about economic sovereignty and the balance of power in a rapidly digitizing world.

The Departure From Gold: A Historical Parallel

The decision to decouple the U.S. dollar from gold in 1971 fundamentally altered the global financial system. By transitioning to a fiat-based economy, the U.S. and its allies gained greater flexibility to manage monetary policy, albeit at the cost of stability tied to a tangible asset. Critics argue that this move opened the door to inflation, debt expansion, and the erosion of purchasing power.

Today, a similar crossroads looms, but with a critical distinction: gold is expected to regain prominence as a central pillar of the new financial order. Traditional banks, which have historically relied on centralized, fiat-based systems, are now embracing blockchain technology—a decentralized ledger system that underpins cryptocurrencies. However, this digital revolution does not mean abandoning gold; instead, gold will play a crucial role in stabilizing a future tokenized system, paving the way for the Global Currency Reset and Blockchain adoption.

Just as fiat currencies replaced gold-backed money, blockchain is positioned to replace fiat as the primary infrastructure of the global economy. Yet, unlike the 1971 shift, this transition seeks to reintroduce gold as a stabilizing force in conjunction with blockchain and cryptocurrencies.

The Alliance of Banks, Blockchain, and Gold in a Global Currency Reset

A central component of this transformation is the merging of three powerful forces: highly regulated banking systems, the relatively unregulated and decentralized crypto industry, and the enduring value of gold. Together, these components form the foundation of a new monetary system designed to address the shortcomings of fiat currency and support the goals of a Global Currency Reset and Blockchain-based framework.

To facilitate this alliance, significant steps are enabling banks and cryptocurrencies to operate under more flexible regulations. Deregulation allows financial institutions to explore blockchain’s potential while also creating pathways for cryptocurrencies to enter the mainstream. Simultaneously, central banks continue amassing gold reserves in preparation for its anticipated role in the Global Currency Reset and Blockchain-driven economy.

Gold’s intrinsic value, combined with blockchain’s efficiency and transparency, provides a unique opportunity to create a hybrid system. By tokenizing gold—representing it as digital assets on blockchain networks—banks and governments integrate physical and digital financial systems, ensuring a level of stability that fiat currencies alone cannot offer.

Gold’s Role in the Global Currency Reset and RV Framework

In the context of the GCR, gold represents both a historical relic and a cornerstone of the future. Proponents of the Global Currency Reset and Blockchain system argue that the current fiat-based system is unsustainable due to widespread manipulation, trade imbalances, and uncontrolled monetary expansion. A return to gold-backed currencies, facilitated by blockchain technology, will restore trust and equity in global trade.

Revaluation (RV) is another key component of this vision. Many national currencies will likely be recalibrated to reflect their true economic value, with gold playing a pivotal role in determining these valuations. For decades, the disparity between fiat currency values and real-world assets, including gold, continues to fuel economic instability. By anchoring currencies to gold and other tangible assets, the RV eliminates this imbalance, creating a more transparent and equitable system.

Blockchain technology accelerates this process by enabling the tokenization of gold and other commodities. This innovation facilitates efficient, cross-border transactions while ensuring that every token is backed by a verifiable physical asset. Together, gold and blockchain form a symbiotic relationship, providing both stability and efficiency to the emerging financial paradigm.

The U.S. Leads the Charge

The United States is spearheading this transition, capitalizing on its leading position in both the financial and tech sectors. Reports indicate that cryptocurrencies are likely to be included in the U.S. Strategic Reserves, further legitimizing digital assets. However, gold’s role in this new framework remains equally significant. As one of the largest holders of gold reserves, the U.S. is uniquely positioned to integrate gold into its blockchain-based financial systems.

By combining gold with blockchain, the U.S. establishes a dual-layered system that merges the stability of tangible assets with the innovation of digital technology. This move solidifies the U.S.’s position as a leader in the tokenization movement while ensuring its dominance in a revalued, gold-backed global economy.

Moreover, the U.S. government’s strategic moves align with broader global trends. Countries like China and Russia are actively increasing their gold reserves, preparing for a post-fiat monetary system. In this context, the U.S. embraces the alliance between banks, blockchain, and gold to maintain its economic leadership.

The Benefits and Risks of the New Alliance

The integration of gold, blockchain, and banking offers undeniable advantages. For the banking sector, blockchain technology delivers efficiency, transparency, and cost savings. For the crypto industry, collaboration with banks provides legitimacy and access to a vast customer base. For gold, its tokenization ensures that its value integrates efficiently into the digital economy. Together, these forces drive unprecedented levels of investment and innovation, reshaping global financial markets.

However, this alliance carries risks. Critics warn that mainstreaming cryptocurrencies could undermine their foundational goal of decentralization, concentrating power in the hands of a few large institutions. Similarly, deregulating banks raises concerns about unchecked financial speculation.

Most troubling is the potential for a fully tokenized, gold-backed economy to become a tool for centralized control. While gold and blockchain are often touted as forces of stability and transparency, their adoption by banks and governments may result in a system tracking every transaction, raising concerns about individual privacy and economic freedom.

The Bottom Line: A Balanced Future

The alliance between banks, blockchain, and gold represents a turning point in the evolution of the global financial system. Just as the move away from the gold standard reshaped economies in the 20th century, the reintegration of gold into a blockchain-based system sets the stage for a new era of monetary reform. This transition promises innovation, stability, and equity but also poses risks to economic sovereignty and individual freedom.

As we approach a Global Currency Reset and Blockchain adoption, the inclusion of gold as a fundamental component ensures a measure of stability in an otherwise uncertain future. The principles guiding this transition will determine whether it serves the people or entrenched powers. The future of money may be digital, but its foundation will remain grounded in the enduring value of gold.

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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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News, Rumors and Opinions Monday 11-25-2024

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 Mon. 25 Nov. 2024

Compiled Mon. 25 Nov. 2024 12:01 am EST by Judy Byington

Restored Republic:

Sun. 24 Nov. 2024 Ezrah Cohen: We are in the midst of the most significant military operation in history, and it’s about to reach a critical point. https://t.me/Official_EzraCohen

Are you ready for the Great Comeback? The global media is prepping for Disclosure Day, where GESARA’s principles, the largest wealth transfer in human history, and the new global economic system will be revealed.

Get ready for 10 days of communication darkness. Shutdowns will occur, but only in certain areas. Banks will close, ATMs and credit cards will stop working, and you’ll need at least three weeks of food and water. If you’re unprepared, don’t worry—the military has your back and will supply what you need. Nonstop education will be broadcast, teaching everyone about the true principles of freedom and justice.

The Quantum Financial System will release NESARA/GESARA funds, erasing debts and restoring our economy to the prosperity of the 1950s.

Mark your calendars—Fri. 29 Nov. 2024—Disclosure Day is coming, and with it, the dawn of a new era of freedom and justice. The world will finally know the truth, and we will witness the greatest comeback in history. 

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Global Currency Reset:

TNT TONY SUMMARY:

Ray was very excited. Tony said that Ray was trying to reveal the good things.

Tony said that he had a special weekend of ups and downs.

Two updates during the weekend of ups and downs.

The trailer was supposed to be presented during the weekend, but it was not.

All three charter agencies reported that the celebration planned for Saturday has been rescheduled for TODAY IN ZURICH.

They said that the trailer is complete and we will see it today.

Some banks received memos today that the RV is happening and we could see that at any time today.

The VND Exchange rate is currently 0.39 US dollars

We will make a lot of changes after the RV on our end, as it becomes a new world for us.

All the three letter agencies said the RV WILL HAPPEN TODAY.

Ray is very excited. When asked between 1 and 10.. with 10 being the highest… Ray said he is at 12 !

Tony was asked the same question and Tony said, 9.

Some people will have accounts in multiple currencies. Tony said he would not accept any.

They said it is already done and released. The process is already underway.

The banks and the Federal Reserve are waiting for the email right now.

Tony said he’s also been waiting for the email from the banks.

1The RV has been COMPLETED AND RELEASED and the process is underway right now. 

Sun. 24 Nov. 2024: Massive Leaks: QFS Saving Nations, Activated Worldwide by White Hats, Erasing Trillions in Debt, Destroying the D********e’s CBDC Rollout, and Ending Central Banks’ Debt S*****y! – Gazetteller

Sun. 24 Nov. 2024: Mastering QFS: A Complete Guide to Fund Transfers, Account Setup, and Understanding RV & Redemption Funds – amg-news.com – American Media Group

Sat. 23 Nov. 2024: BQQQM!!! Quantum GESARA aka TRUMPSARA: G.E.S.A.R.A, Farmers Plan & More – Power Back to the People! – amg-news.com – American Media Group

Sat. 23 Nov. 2024: QFS Information Center: Quantum Financial System and the Tier 4B Internet Group! The World of Currency Revaluation, Redemption Centres, and NESARA GESARA Payments! – amg-news.com – American Media Group

Read full post here:  https://dinarchronicles.com/2024/11/25/restored-republic-via-a-gcr-update-as-of-november-25-2024/

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

Militia Man  The 2024 budget, we haven't seen that yet.  Why haven't we see it?  We haven't seen it yet because they're hiding that until the last minute.  Remember this going from 1310 or 1320 exchange rate and changing it to a massive degree needs secrecy to some large degree all the way through the process.  But they still have to educate their citizens, they still have to indicate what are they doing and how are they going to do it and why...2024 budget exposure is what to me is the key.  It's that Rosetta Stone..

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:
Economist on television is explaining about how a revaluation works.  They're giving us examples of other countries and after that how the currency is linked or pegged to a basket of other currencies.  Wow...It's being told to us constantly now every day.  The planning of the revaluation they say is done and now apparently this currency is going to be linked or pegged to a basket of other currencies.  FRANK:  If they tell you it's going to be pegged to a basket of other currencies,...it means we have a new exchange rate because that's the only reason the other currencies in the basket will play along with it...They also want to fluctuate (bounce up and down) with the value of your currency that is about to go insane!

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

BRICS announces UAE as the Gold Hub.

 Emerging World order:  11-24-2024

In this video, we dive into how the United Arab Emirates is setting the stage to become the heart of the BRICS Gold Economic Corridor.

With a massive $129 billion in annual gold trade and Dubai’s strategic initiatives through the Multi Commodities Centre (DMCC), the UAE is positioned to transform global trade dynamics.

This move aligns with BRICS nations' push for financial independence by leveraging gold to bypass the U.S. dollar and foster a stronger economic alliance.

https://www.youtube.com/watch?v=cis78ndDoZI