Seeds of Wisdom RV and Economic Updates Saturday Morning 12-28-24
Good Morning Dinar Recaps
IRS FACES LEGAL PUSHBACK OVER NEW DEFI COMPLIANCE RULES
▪️Three major crypto advocacy groups have filed a lawsuit against the IRS.
▪️They are challenging its new regulation that classifies DeFi platforms as brokers.
▪️The crypto community and some lawmakers have also criticized the regulation.
Good Morning Dinar Recaps
IRS FACES LEGAL PUSHBACK OVER NEW DEFI COMPLIANCE RULES
▪️Three major crypto advocacy groups have filed a lawsuit against the IRS.
▪️They are challenging its new regulation that classifies DeFi platforms as brokers.
▪️The crypto community and some lawmakers have also criticized the regulation.
Three prominent pro-crypto groups — the Blockchain Association, DeFi Education Fund, and the Texas Blockchain Council — have initiated legal action against the US Internal Revenue Service (IRS).
The lawsuit challenges the IRS and Treasury Department’s recent decision to categorize decentralized finance (DeFi) platforms as brokers, a ruling that has sparked significant controversy within the crypto sector.
IRS Broker Redefinition Triggers Legal and Legislative Issues
On December 27, the IRS finalized new regulations targeting the DeFi industry by expanding the definition of a broker to include decentralized exchanges and other front-end platforms.
This adjustment mandates that these entities report all crypto and other digital asset transactions, including details about the taxpayers involved. Set to be enforced starting in 2027, these regulations aim to enhance transparency in digital asset transactions.
However, the crypto advocacy groups contest that the IRS’s extension of broker status to DeFi platforms overreaches the statutory authority granted to the agency. They also argued that the move infringes upon the Administrative Procedure Act (APA) while deeming the action unconstitutional.
Further, they argue that the rule imposes undue compliance burdens on software developers, particularly those creating trading interfaces. According to them, this could severely inhibit innovation and significantly strain American entrepreneurs.
“The IRS and Treasury have gone beyond their statutory authority in expanding the definition of “broker” to include providers of DeFi trading front-ends even though they do not effectuate transactions.
Not only is this an infringement on the privacy rights of individuals using decentralized technology, it would push this entire, burgeoning technology offshore,” Marisa Coppel, the Head of Legal for the Blockchain Association, said.
Meanwhile, the regulatory change has also provoked a strong reaction from the broader crypto community, with several industry leaders calling for legislative intervention.
Bill Hughes, a lawyer at Consensys, criticized the rule’s release during the holiday season as a strategic move to minimize industry pushback. Similarly, Miles Jennings, General Counsel at a16z Crypto, described the rule as a drastic overreach intended to clamp down on DeFi operations.
Moreover, Alexander Grieve, Vice President of Government Affairs at Paradigm, has urged the upcoming Congress to reassess and possibly reject these new stipulations.
US lawmakers like French Hill and Patrick McHenry have already spoken against the move, suggesting they might oppose it.
“The Biden-Harris Treasury chose to defy both Democrats and Republicans in Congress by finalizing its controversial broker tax reporting rule today. This rule is an overreach by the Treasury, a blatant and poorly crafted attempt to target DeFi, and should never have been finalized in the final days of the Biden-Harris Admin,” Hill stated.
@ Newshounds News™
Source: Be In Crypto
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9 NEW COUNTRIES WILL OFFICIALLY JOIN BRICS AS PARTNER COUNTRIES (NOT FULL MEMBERS) ON JANUARY 1, 2025.
Belarus Bolivia Cuba Indonesia Kazakhstan Malaysia Thailand Uganda Uzbekistan
@ Newshounds News™
Source: @BRICSNews
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News, Rumors and Opinions Saturday AM 12-28-2024
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 Sat. 28 Dec. 2024
Compiled Sat. 28 Dec. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Judy Note: Although there are rumors that private appointments were being made and certain platforms and Bond Holders have been paid and were under NDAs, it appeared pretty obvious that “All will go, all at once” (possibly) on New Year’s Day Wed. 1 Jan. 2025.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 28 Dec. 2024
Compiled Sat. 28 Dec. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Judy Note: Although there are rumors that private appointments were being made and certain platforms and Bond Holders have been paid and were under NDAs, it appeared pretty obvious that “All will go, all at once” (possibly) on New Year’s Day Wed. 1 Jan. 2025.
On Tues. 24 Dec. the new Iraqi Dinar Rate based on the price of a barrel of oil was announced by the Iraq International Development Bank on Thurs. 26 Dec. A new Dinar rate appeared on the Australian Forex on Fri. 27 Dec: https://www.coinbase.com/en-au/converter/forex/iqd
Thurs. 26 Dec. 2024 Julian Assange: “All Intel is saying (that the Tier4b exchange appointments will begin) next week.”
Thurs. 26 Dec. 2024 Ed of Ocala: Iraq will fall off the world stage if not RI by Dec 31. All their applications- all their efforts and yrs to get there will expire. Iraq won’t last nor can they wait until after the inauguration. So it can’t go a couple of days into January. Deals end Dec 31st
Thurs. 26 Dec. 2024 Wolverine: “It’s coming. I have a lot of intel that I can’t tell you about. Keep the faith. It’s coming by the end of the year.”
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Thurs. 26 Dec. 2024: Global Currency Reset, Julian Assange
Safe link 800# will be released closer to go date
Rates are EXTREMELY high
We are almost at the end of the road. All intel is saying “Next Week”
Bond funds delivered to paymasters was coming in so fast everyone was is in awe from the amount
Private appointments are (allegedly) being made now.
Get your plans/projects together and don’t wait around for this to happen without being ready.
No straight cash will be given
You are in charge of your funds and can place funds in different accounts
Advisers will be there to assist you with your funds and will help guide you in your projects or choosing one on the list.
Everything is going well, still some that do not want this to happen, but all is safe.
You can take to your appointment: advisors/bank contacts (if you have already spoken to a specific person)/ friend/any person/s you want to assist you.
Zim Cap information is changing daily but as of now they are (allegedly) paying as follows:
NO projects = 15 million no matter the amount you might hold.
With projects = First 2 bond notes are 1:1 after this 25 million (per 100T) up to 30 bond notes
To negotiate further you will need to return.
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Thurs. 26 Dec. 2024 Bruce:
We heard from a group that is part of the release. They said the release is coming Very Shortly and that means a couple of days.
We are looking for Treasury and WF to release this over the weekend. We could get it Fri. 27 Dec. or Sat. 28 Dec. and start exchanges right away.
Sunday 29 Dec. Redemption Centers will be open.
You will have 2-4 people helping you at your table.
All you need is Id. Might not need utility bill.
They will offer you the contract rate for Iraq and that’s the per barrel price of oil.
You will set up your QFS account with your username and password and five digit password and you will need to set up a new email.
When you move money using your QFS card (which is only used to move money from your primary account) make sure you have what you need for 90 days.
You can move money into a bank account to earn interest – that you negotiate the interest rate with your bank.
Accounts can be set up later when you meet with your Wealth Manager.
Credit/debit card is given to you at the exchange.
You will (allegedly) get the on par rate for the Zim and also a good rate for the Dong.
You may be able to get some proof of fund letters to buy homes, etc.
Read full post here: https://dinarchronicles.com/2024/12/28/restored-republic-via-a-gcr-update-as-of-december-28-2024/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 The Vietnamese Dong has explosive potential IMO based on...that the world will now slowly turn more and more towards Vietnam for the things that they used to get out of China. That evidence has already been displayed in the last six years in their economy...If you went to Vietnam today you'd think you were is Dubai.
Militia Man We're going to keep our eyes peeled for...4805, which is the Ministerial Council of Justice numbering system which talked about the federal budget. We haven't see that opened yet for 2024 but we see that it's printed...We don't know exactly what the contents are. We're hoping...the new exchange rate is within it.
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LIVE! (THE DEBT MARKET AND STOCK MARKET ARE ON A COLLISION COURSE). IMPORTANT UPDATES.
Greg Mannarino: 12-27-2024
“Tidbits From TNT” Saturday Morning 12-28-2024
TNT:
Tishwash: Dagher: I don't understand why we borrow when oil exceeds $70
Today, economic expert Dr. Mahmoud Dagher criticized the economic policies that push Iraq to borrow despite oil prices exceeding $70 per barrel.
Dagher explained that the external debt exceeded the figures announced according to the World Debt Report, while the internal debt amounted to more than 81 trillion Iraqi dinars, which constitutes an additional burden on the general budget that bears the debt installments and interest, as these costs reach 9 trillion dinars.
TNT:
Tishwash: Dagher: I don't understand why we borrow when oil exceeds $70
Today, economic expert Dr. Mahmoud Dagher criticized the economic policies that push Iraq to borrow despite oil prices exceeding $70 per barrel.
Dagher explained that the external debt exceeded the figures announced according to the World Debt Report, while the internal debt amounted to more than 81 trillion Iraqi dinars, which constitutes an additional burden on the general budget that bears the debt installments and interest, as these costs reach 9 trillion dinars.
He pointed out that the government's continued borrowing lacks any economic justification, especially with the fluctuation of Iraq's GDP as a country dependent on oil revenues, which makes the debt-to-GDP ratio unrealistic or economically feasible.
Dagher concluded his statement by stressing the need to reconsider these financial policies, warning of the repercussions of borrowing on the Iraqi economy if oil prices decline in the future link
Tishwash: Chinese Payment Firm enables Iraq's new SuperQi App
Iraq’s Qi and Ant International join forces to launch SuperQi app
SuperQi aims to serve millions of Iraqis, offering a comprehensive suite of services that include scan-to-pay, money transfers, bill payments, loans, mobile recharge and other payment solutions
Qi, a leading player in Iraq’s fintech sector, has unveiled its groundbreaking third-generation app, SuperQi, in collaboration with Ant International.
Powered by Alipay+ Wallet Tech solutions, SuperQi integrates a digital lifestyle super app with a fully functional digital bank, bringing a new era of financial inclusion and digital services to Iraq.
Since its launch in July 2024, SuperQi has seamlessly fused Western digital banking models with the best practices from Asia’s leading super apps.
Bahaa Abdulhussein, chairman of Qi, said “At Qi, our vision is to build a cashless Iraq by bringing financial services to every corner of our society. SuperQi is a testament to this commitment, simplifying financial transactions and fostering greater inclusivity for all Iraqis.
He added: “Our collaboration with Ant International is not just about advancing digital finance; it represents a transformative leap towards creating a broader digital ecosystem that addresses the needs of the unbanked population.”
Available in Arabic, English, and Kurdish, SuperQi aims to serve millions of Iraqis, offering a comprehensive suite of services that include scan-to-pay, money transfers, bill payments, loans, instalments, mobile recharge, shopping, travel and other payment solutions.
SuperQi also supports Iraq’s expanding financial infrastructure, with over 20,000 point-of-sale merchants and 10,000 cash-out agents.
The app’s accessibility is designed to meet the evolving financial and lifestyle needs of users, targeting over 30 per cent of Iraq’s population by 2026.
Qi has already made significant strides in improving financial inclusion in Iraq. The rate of banked individuals in the country has surged from a mere 5 per cent to nearly 50 per cent in recent years.
By enabling access to banking services through SuperQi, the fintech company aims to further accelerate this shift towards a cashless society.
“With SuperQi, we empower millions of Iraqis with accessible, efficient, and secure solutions, paving the way for a more interconnected, inclusive, and technologically advanced nation,” said Abdulhussein.
Qi focused on an ambitious expansion plan with the launch
With over 11 million cardholders and five million mobile app users, Qi plans to reach over 15 million app users within the next three years.
This is in line with its mission to reshape the way financial transactions occur in Iraq, offering unparalleled convenience for users to take control of their finances.
SuperQi’s impact goes beyond individual users — it is designed to create a thriving ecosystem for businesses as well. The app offers secure and flexible payment solutions, enabling businesses to connect with customers in new, innovative ways.
“The launch of SuperQi is a milestone in Iraq’s journey towards a cashless society,” said Ali Muneam, CEO of Qi. “By bridging the gap for millions who still rely on cash transactions, SuperQi is not just a financial solution, but a key step in modernising our nation’s economy.”
Luay Al Obaidi, chief product officer of SuperQi, emphasised the app’s broad appeal: “SuperQi represents a paradigm shift in how we address the lifestyle and daily needs of our diverse customer base. We invite businesses across Iraq to leverage SuperQi as a platform to deliver their services seamlessly and effectively.”
The app’s integrated features offer everything from digital banking to e-commerce, solidifying its place as a central platform for Iraq’s digital future.
Qi’s collaboration with Ant International has enabled the launch of a powerful financial ecosystem, one that stands poised to unlock new economic opportunities in Iraq’s growing digital landscape.
Committed to a cashless, digital-forward future
From its inception in 2007 to the launch of SuperQi, Qi has been a torchbearer for innovation, leadership, and sustainability. SuperQi signifies a monumental shift in Qi’s vision for fintech’s role in everyday financial management, after being rewarded as the Best Credit Solutions Provider in Iraq, offering a lifestyle super-app providing its users seamless experience all day, every day, for all their payments.
This reflects Qi’s commitment to a bold, cashless, digital-forward future, in line with the visionary goals set by Bahaa Abdulhussein. link
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Tishwash: Praising the government's success in attracting investors and capital to the country
As the year 2024 draws to a close, witnessing an urban renaissance that the country has lacked for decades, academics and specialists praised the government’s success in attracting investors and capital to the country, stressing that the security stability enjoyed by the country and the development of the banking system that came in accordance with the government program, pushed the wheel of investment forward.
Safe reality
Professor of Economics at Al-Nahrain University, Sattar Al-Bayati, told Al-Sabah: “In light of the current safe reality and the stability that the country is witnessing, there is a development and urban movement that the country is witnessing according to the government program, and the achievements that occurred during this year with regard to Baghdad, especially in the matter of cleanliness, roads, bridges and projects in various sectors, as well as the bridges that were built or rehabilitated and appeared in a new guise
These are all positive messages sent by the government to investors, whether Iraqis or Arab and foreign investors, that there is a suitable environment for investment in general, especially direct investment in light of the existence of Investment Law No. 13 of 2006 and its amendments, which contain many articles that serve the investor.”
He pointed out that “there are two types of investment, which are foreign direct investment and indirect foreign investment,” indicating that “indirect investment occurs in the Iraq Stock Exchange, or any stock market or stock exchange.”
Infrastructure
He added, "The government is counting on direct investment, because it is a real investment that can be made directly in the basic structures or infrastructure that the country needs, such as residential complexes, bridges, hospitals, or universities. Direct investment can invest in all of these."
Great benefit
In turn, economic expert Alaa Al-Fahd told Al-Sabah: “The government has focused on investment aspects and development projects with high economic feasibility,” indicating that “these projects, if completed, will be the gateway and beginning for development projects and investments and attract foreign investment, while greatly benefiting from the state of security and political stability in Iraq.” Al-Fahd confirmed that “there is an investment revolution in Iraq currently.”
Financial capabilities
“Security and political stability can be a gateway for investments in various fields and sectors, such as the services sector, housing sector and infrastructure, and this is one of the government’s priorities,” he added, noting that “this requires consolidating the partnership between the public and private sectors, whether local or foreign, as this is the first stage to gain confidence and move from the socialist state and the government’s implementation of projects, to another new state with the participation of the private sector in projects in which the local private sector can invest according to the existing financial capabilities and infrastructure belonging to the state, and even in the field of managing service facilities and others.”
Big investments
He pointed out that Iraq today has begun to attract very large investments that have so far reached 62 billion dollars, but it needs more than 500 billion dollars in the areas of infrastructure, services and productive projects, in addition to the government’s orientation towards oil transformation industries,” indicating that “these industries in themselves will contribute firstly to achieving self-sufficiency, and secondly, Iraq can be a source of oil derivatives, as well as a source of transformation industries instead of the state having to bear the costs of importing them.”
Government vision
“There is a government vision for a map of high-priority investment projects, and the government has begun to lay the basic foundations in terms of financial transfer, financial leverage, and financial inclusion, which is one of the largest pillars of investment,” he said, stressing that “investment seeks financial security and financial inclusion, with the presence of a banking system capable of managing the investment process, primarily by providing bank credit, as well as achieving financial security in terms of foreign transfers and relations between local banks.” And foreign. link
Mot: .. They Say -- Its Not What You Say - Its What Ya Mean!!!
Mot... Now This is VERY IMportant!!! to Us All!!!!
FRANK26…..12-27-24……TOMORROW
KTFA
Friday Night Conference Call
FRANK26…..12-27-24……TOMORROW
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#
KTFA
Friday Night Conference Call
FRANK26…..12-27-24……TOMORROW
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
Bruce’s Big Call Dinar Intel Thursday Night 12-26-24
Bruce’s Big Call Dinar Intel Thursday Night 12-26-24
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. It is Thursday, December 26TH Boxing Day, and wonder if Jeannie will mention that. And you're all welcome to the Big call. I appreciate everybody coming in this day after Christmas, and we're gonna have a really good call tonight. I think, I hope we don't go too long. I want to get it done and let you guys enjoy your holiday, and let's We're on the second day Hanukkah too - day two of eight. I believe it is. And everybody just enjoy the holiday.
All right, let's go on into the so called Intel segment. Thank you, Bob, very much for that. Intel wise - Well, I have to say we were told to look for this Christmas Eve day, Christmas day maybe. And then that turned into well might not be overnight. Christmas. It could be this morning the 26th it could be this morning until noon. Then I heard more information today that said, Well, it's going to be if it's not. This is what I heard last night, if it's not today, it will be over this weekend, this weekend coming.
Bruce’s Big Call Dinar Intel Thursday Night 12-26-24
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. It is Thursday, December 26TH Boxing Day, and wonder if Jeannie will mention that. And you're all welcome to the Big call. I appreciate everybody coming in this day after Christmas, and we're gonna have a really good call tonight. I think, I hope we don't go too long. I want to get it done and let you guys enjoy your holiday, and let's We're on the second day Hanukkah too - day two of eight. I believe it is. And everybody just enjoy the holiday.
All right, let's go on into the so called Intel segment. Thank you, Bob, very much for that. Intel wise - Well, I have to say we were told to look for this Christmas Eve day, Christmas day maybe. And then that turned into well might not be overnight. Christmas. It could be this morning the 26th it could be this morning until noon. Then I heard more information today that said, Well, it's going to be if it's not. This is what I heard last night, if it's not today, it will be over this weekend, this weekend coming.
And I thought, okay, here we go again. Good push to the weekend, but I have to tell you, we did hear from a group of very informed individuals that are part of this process.
They're part of the release. They said the release is coming very shortly. And that's one of those terms I'm not a fan of, very shortly. What does it mean? Does it mean hours? Does it mean days? Well, in this case, it means a couple of days. Releases are coming very shortly.
Keep your britches up. And here it comes. Hold on your britches is what I meant, yeah, release. The release is happening shortly. Yep, and keep hold on to your britches, meaning pants. Hold on to your pants. It's coming.
So `I think what I've heard since then and these were extremely valuable people that were bringing this to us. I mean, the highest of the high we are looking for a green light from treasury / slash/ Wells Fargo to release this to us over the next couple of days a weekend. Now for them, the weekend is starting on Friday and Saturday. Really believe, from what we're hearing, we're going to get this either tomorrow or Saturday, and depending on what time of the day we get it. We could start exchanges right away.
And also, Sunday will be a day the redemption centers will be open. If we start tomorrow or Saturday. We don't have a leapfrog to Monday. We would go right through including Sunday and we know that redemption centers, depending on the demographics of the area, could be open as late as 10 or 11 o'clock at night, and they'll start somewhere around nine, 915 in the morning.
So they've got two, maybe sometimes three, shifts of people that will be working. There's not nine stations. This isn't nine stations of the cross or any of that stuff. This is you sit down. They will you will be have a group of two to four people across from you that will do everything right there, at that desk or at that table, they'll have laptops.
They'll have a Delarue machine to count and verify your currency. They'll verify who you are with a photo ID like a passport or a driver's license. I was told we don't we no longer need to bring a utility bill to the redemption center. So I've got wine in my portfolio. If they want it, I've got it. Don't. It won't come out.
The point is, all you need to do is get in there. They'll pony up your currency. They'll verify it, they'll let you know what that is, you know what the rate is for that particular currency, and they'll total it up. And at the end, they'll have a big total of all of your currency, including Zim.
They'll offer you a contract rate, which is the per barrel price of oil that Iraq is selling their oil for. Like to Turkey. Turkey is buying a ton of oil from Iraq. They might be selling to Egypt. They could be selling to other countries in the Gulf region as well. But I know roughly what per oil price is per barrel, but it can fluctuate. It can go up or it can go down. They're supposed to offer us the contract rate, which I said, is the per barrel pipe of oil, okay, per dinner, whatever it is, so that it's a win, win, it's a win. It's a win for the bank. It's a win for the person helping you with Exchange.
Once they do that - you have total you know what it is. You'll next be setting up your quantum account. You'll have you'll have your biometric finger or thumbprint to put in the system. We've got that - they've got a new user name and a new password for the quantum account, then you have a five digit PIN code that you'll create for the quantum account, and then you'll also have a brand new email and a brand new password that's all tied to the quantum account.
Okay, and so once you have that set up, now it's time to look at moving funds from your quantum into your primary Wells Fargo account. You end up with $100 billion in exchanges. Well then you just take whatever you want, 5 billion or whatever, 2 billion, and put it to your primary account that has to last you for 60 days.
They want to see how you do removing your money legitimately in the first 60 days after that, you get access to everything in your account and can move it at will, okay, but you will earn interest. Or if you want to earn interest, you can in your primary and secondary bank accounts with Wells Fargo, but you negotiate that, and you can negotiate a pretty good percentage as an annual percentage, yearly APY, annual percentage, yearly paid on the money, not in your quantum account.
Remember, quantum earns zero, nothing, not a vient day, nothing. But when you move funds into your primary wells account, at that point you can begin earning interest on it.
Now, for me, a rate of interest. I'm not looking to get greedy on it, but I'll take some interest, and I'll also ask it to be paid quarterly, meaning once every three months.
That way I know the amount that I have to invest in or get rid of, and bless people with, but for the next quarter comes out, so it kind of keeps you moving through some of these funds. And obviously, to begin with, before you earn interest in the first 90 days, you know you'll have to take the money from your quantum account and use it to buy a new house, maybe maybe a car, maybe some land.
Whatever you're doing. I have, obviously, a lot to do for the projects, so I'm going to be tapping into that. I'll also set up some accounts that are what I call secondary accounts under the primary each one for four separate LLCs that I already have set up so I'll be doing it that way, but master trust holds the primary account everything underneath it, but then I'm using LLC accounts for the LLC projects that those go under, okay, now you've got the quantum you move funds in.
Forget credit debit card from wells, Fargo. That's what you actually use stuff with. That's one way you can do it. You have charge capability with it. You can move funds from it. You can use it as an ATM card, but remember, the quantum card is used as an ATM card ever only used to move funds from your quantum account into your primary or secondary bank accounts.
Is not a card to go out and charge things on. You don't use that in a restaurant. You keep it super, super secure and safe. Only you know where it is, and if you need to get access to it, move some funds, you can do it.
So keep it safe and don't lose it. Okay, not going to be easy to replace. Don't lose it, keep safe, you're somebody that always loses, your keys or loses this – turn over a new leaf in 2025
All right, so now you've got that. You've got funds that have moved now they should have some of the newUSN currency at the redemption centers. By the way, this process is only at the redemption centers. You're going to get the contract rate on the Dinar at the redemption centers, you're going to get the on par with the USN rate on the Zim at the redemption centers, you're going to get the little higher rate on the dong you're going to get at the banks, at the redemption centers. I know what it is, but I ain't supposed to tell you all what is right now, but I know what is.
The other thing is, once you're done with that, okay, what is left? What is left? I think after you get your funds moved, you got your credit card, you've got your your quantum card, your credit debit card, you're not supposed to set up multiple accounts.
Forget the idea of getting certified checks. That's old school. That's like three years, five years ago. So you're not going to get cashiers checks. You might be able to arrange a couple of proof of funds letters for real estate. I don't think I need them, but I'll probably get one funds letters for a couple of places beyond that, they'll probably give you a business card for a wealth management person, ultra high net worth person, somebody that you can meet with days later or whatever to set up the rest of Your accounts. You know, need to get that in.
Go over things, but really it's one, one and done on this thing, you're going through it, you're getting it done. You leave list of perks, which are benefits for being a customer at the bank, and you can look through those, see if there's anything you like, and let them know later that you would like maybe that particular perk for you. And then they should get, I don't think you're going to get a certificate.
That was an idea before that. You will not get a computer or a laptop. You will not get that. You will get a Q phone, which is basically a satellite phone. Starlink satellite system should work anywhere in the world. I do not know how that works with a provider of that service.
The phone itself is supposed to be free to you as a satellite phone, and I think it probably uses Starlink, and it may incorporate cell towers as well. But listen, it should work everywhere, all over the world. It should work everywhere. So whatever the deal is, the Q phone is supposed to be secure enough that you can actually transact from your quantum card.
Okay, transact and move funds into your bank, your bank accounts, so it should be completely secure. I'm going to see how that all works, guys. We have to see how that comes together. And basically, I think you get that last and they kick you out the door and you're gone. Then in 30 to 40 minutes for everything, everything that you have to do, and, oh man, that’s going to be good -
Its going to be like these guys make a touchdown, and they go out and celebrate they'll get a 15 yard penalty pack on to the next play because they did it. I don't know why they still do that, but they do. I know they're excited about winning and the score and all that, but guys, let's not over celebrate.
Don't go to the bar and say Hi guys, I'm rich. I'm flying around for the whole house. You know, don't do stupid stuff like that. You know, be a generous tipper. Don't stupid. And let people say hey, you know, no, all you're going to do is create people wanting to follow you out of the restaurant, follow you to your car, gets back into the house. You guys got to learn to stay on the downlow.
I'm talking to myself -- I got to be on the Downlow Now. I can't be up even what I'm trying to say. Just keep it simple, sweetheart. And this, this whole thing with the exchanges and the redemption zoom at the redemption center, it's going to go quickly, go like even setting up new accounts. You know it's going to go quickly. So it'll probably all go in 30 minutes.
If you have a lot of currency, it might take 40 just to count it all and go through it. And if, if you have bonds, sheet bonds, individual sheet bonds, or a box of bonds, you can bring that let them know when you talk to the redemption center, when you're setting your appointment. Hey, I've got some sheet on.
So how many do you have? Well, I've got 10 sheet bonds, or I've got a box of sheet bonds. I've got two boxes of sheet bonds that can handle it at the redemption center, but you're going to need more time for that too, that you better pack a lunch, like I said last time with that, because it's going to take a lot of hypothecate and go through all that, get the products of it, make sure that it's all above board and legal.
Don't try to pull any tricks over man. They see that coming. Forget it. Don't try to pull it on any of this, be honest. And I don't know what's going to happen with the R and R you guys, the RNR is supposed to kick in part of NESSARA in the first day, days of January.
Well, is it still going to be there for us when we go into Exchange before the first let's see. I don't know. I almost don't want it. Then I want it to come to the bank where I get my Social Security now, so I don't care either way, but we'll get it's just a matter of when, as far as social security increase during that in the first 10 days of January, just like our and on restitution, rehabilitation, allowance, um, I've broken that down for you before. I don't know there's anything else really pertinent.
What we need to do just when you call to say your appointment, you should be transferred with your zip code. Here's the only thing you need to tell on the phone. What the latest is, when you call in, you'll give them your name, and it could be an automated voice, give them your name and tell them your zip code. That's it.
Then you'll get connected to a person at the other end, we should be able to center that corresponds with the zip code that you do, and then you'd say, Okay, I've got, you know, you don't have to tell them what you have. You don't have to tell them what currencies you have. I don't know what they're going to ask you at their dentist center, other than they should get directions to you.
I don't know if they're going to email you any kind of confirmation. I doubt it, but they should give you idea of where it is, how to get there, what time your appointment is. Appointments should be set up every 40 minutes, and hopefully they'll stack up nicely and you won't get delayed. Don't get there more than 10 minutes early and prepare. Have your currency all laid out. You know, you don't have to make copies of your currency, please, really, yeah, I'm going to make copies of million.
You know, Zen notes give you a break. They don't need receipts for where you got the currency. They know everybody. That's a zoom holder, unless it was gifted. They know the currency holders. They already know who you are. All the KYC part is just going to be verifying who you are to them. That's going to take like, two minutes, one minute, and then we're getting into verifying and counting the person
So it's going to be a much quicker process than we thought. And let's see what else. All right, so that's good out of there. And then you'll be able to remember this idea, guys, the only reason we want to make sure you've registered your email on bigcall universe.com is so we can you by email. If we do any more calls, there'll be like podcasts, and we'll send you a link in your email that you can click on, and they'll be me talking, or Bob and I, or maybe Sue Bob and I doing something, something like that, but we aren't going to be doing live calls that we intend to once this goes, once we have numbers, we'll just probably do that and put it in the Email. Now only email you if we have the email for you, so send us not registered on big call universe.com that's what you do.
You register with your email, and that way we will send out an email to everybody with the 800 number, so you'll have it in your own email from us, and you'll also get have it on our website. We'll put it on the website.
When we get it, we'll put it on the landing page of big call universe.com, okay, and that's really it when it comes to when we talk about the projects we talk about, rebuild America, rebuild International. If you've been on the big call for a while, you know what that's going to be involved in that websites to build out. We've got to do that and decide exactly how we're going to communicate with you.
In future. We probably will do regional meetings in different parts of the country and that way people that live in that area can come and meet us. And then we can, we can talk about certain states, certain regions, certain states, some of you have already stepped up to say, I'd like to be the leader. I'd like to be a leader in this retreat or that state, and I'm aware of that, and we're going to be working on that.
And then, of course, the idea is to stay in touch with you, with plans for the veterans record and the store retreat network. That's going to be good. We're going to get those started too. We've got a lot to do in the first several months of the year.
We need some time to get our stuff straight when it comes to real estate moving or whatever, all of that has to happen and but I think we'll be communicating with you, so make sure that you do register so we can be in touch with you by email.
I am still looking for at least 5000 big call listeners from big call universe to help rebuild America and rebuild international COVID handy if you are somebody who lives in the Bahamas and somebody that lives in the Dominican Republic.
Thank God, Bob's got good contacts in the DR if you are someone that lives in Haiti, you know, we might need some help in Haiti. I speak French and Spanish, you know, a couple other languages, and I just think I'm going to use that French in Haiti if I need to. And if they're not impossible to deal with, you know, we'll work with Haiti.
.So we'll see how that goes. You know, gonna be a new experience, but I'm prepared with the new prime minister president and sit down with him and speak English or French for them.
So I want to thank everybody for listening.
Let's see what happens over the weekend. Weekend starts tomorrow, Friday and Saturday, primarily Friday, Saturday, Sunday. Let's see what happens over the weekend, but let's go ahead and pray the call out. Want to thank Sue. Thank Bob so much.
Everybody have a wonderful night. Let's have a great weekend and a really beautiful, safe New Year's Eve. Say no craziness all this far to lose anybody, anybody else we've already lost. Let's not lose anybody doing something stupid on New Year's Eve or anytime. All right, hang in there, you guys. Let's pray the call out --
Bruce’s Big Call Dinar Intel Thursday Night 12-26-24 REPLAY LINK Intel begins 1:07:27
Bruce’s Big Call Dinar Intel Tuesday Night 12-24-24 REPLAY LINK NO CALL
Bruce’s Big Call Dinar Intel Thursday Night 12-19-24 REPLAY LINK Intel begins
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Bruce’s Big Call Dinar Intel Thursday Night 12-12-24 REPLAY LINK Intel begins 56:16
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Bruce’s Big Call Dinar Intel Thursday Night 11-28-24 REPLAY LINK NO CALL
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What You Could Buy If You Won The Mega Million Jackpot
Here's How Many Taylor Swift Tickets, Iphones and Private Jets You Could Buy If You Won The Mega Million Jackpot
Kate Murphy · Reporter Yahoo News Updated Fri, December 27, 2024
The Mega Millions jackpot is more than $1 billion. Here's how many Taylor Swift tickets, iPhones and private jets you could buy if you won. The grand prize drawing will be held Friday at 11 p.m. ET.
The Mega Millions jackpot shot to $1.22 billion this week — the seventh time in Mega Millions history that the jackpot has surpassed the billion-dollar mark.
While a sizable tax bill would knock down the jackpot’s amount considerably, we took a look and opted to use $1 billion to illustrate the full scope of the prize.
Several Stadiums' Worth Of The Most Expensive Taylor Swift Tickets
Here's How Many Taylor Swift Tickets, Iphones and Private Jets You Could Buy If You Won The Mega Million Jackpot
Kate Murphy · Reporter Yahoo News Updated Fri, December 27, 2024
The Mega Millions jackpot is more than $1 billion. Here's how many Taylor Swift tickets, iPhones and private jets you could buy if you won. The grand prize drawing will be held Friday at 11 p.m. ET.
The Mega Millions jackpot shot to $1.22 billion this week — the seventh time in Mega Millions history that the jackpot has surpassed the billion-dollar mark.
While a sizable tax bill would knock down the jackpot’s amount considerably, we took a look and opted to use $1 billion to illustrate the full scope of the prize.
Several Stadiums' Worth Of The Most Expensive Taylor Swift Tickets
Ticket prices for Taylor Swift’s "Eras Tour" varied by location and date. When the tour went live in Glendale, Ariz., in 2023, the average ticket price there was $529. But at Lucas Oil Stadium in Indianapolis, the average ticket expense was $3,071, making it the most expensive location, according to USA Today. At that average ticket price, the Mega Millions jackpot winner could afford to buy 325,626 tickets, or buy out the 70,000-seat stadium 4.7 times.
More Arizona Iced Tea Cans Than Jackpot Dollars
A $1 billion jackpot could buy more than 1 billion cans of AriZona tea. You read that right. For more than three decades, the company has consistently kept the brand’s 23-ounce cans at 99 cents. The founder, Don Vultaggio, spilled the tea on the consistent price in an interview with NBC’s Today show earlier this year.
"We're successful, we're debt free, we own everything," Vultaggio said. "Why have people who are having a hard time paying their rent pay more for our drink? Maybe it's my little way to give back."
However, retailers and business owners have the right to set their own prices. That’s why you may pay more than the can’s suggested 99-cent price at a place like a gas station.
TO READ MORE: https://finance.yahoo.com/news/keep-quiet-heres-know-win-232828281.html
More News, Rumors and Opinions Friday Afternoon 12-27-2024
KTFA:
Clare: Iraq Stock Market Report
27th December 2024
Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 26th December 2024).
Please click here to view a table of listed companies and their associated ticker codes.
Note: ISX will be closed from December 31, 2024 until January 6, 2025 due to the end-of-year closing operations. The last trading session of 2024 will be on December 30, and the first trading session of 2025 will be on January 7. LINK
KTFA:
Clare: Iraq Stock Market Report
27th December 2024
Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 26th December 2024).
Please click here to view a table of listed companies and their associated ticker codes.
Note: ISX will be closed from December 31, 2024 until January 6, 2025 due to the end-of-year closing operations. The last trading session of 2024 will be on December 30, and the first trading session of 2025 will be on January 7. LINK
Clare: The Central Bank of Iraq honors the members of the Issuance and Treasury Department on their career day
December 26, 2024
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, sponsored the first annual celebration for the employees of the issuance and treasuries in the bank and its branches.
The ceremony witnessed the honoring of the employees who won a symbolic shield in appreciation of their distinguished efforts, by the Governor, the Deputy, the Director of the Issuance and Treasury Department, and the branch managers.
His Excellency the Governor praised, during a speech on the sidelines of the celebration, the contributions of all employees of the Central Bank of Iraq, especially the employees of the Issuance and Treasury Department, whose work nature and positions differ from other departments and sections.
His Excellency stressed that we had previously directed to hold a special celebration for the employees of the issuance and treasuries, and this comes in appreciation of their great efforts in the process of sorting, printing, and issuing currency and other basic tasks of their work.
Central Bank of Iraq
Media Office
December 26, 2024
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Clare: Parliamentary Finance: Digital financial transformation will eliminate corruption and money laundering
12/24/2024 Baghdad - WAA - Wissam Al-Mulla
The Parliamentary Finance Committee confirmed, on Friday, that the digital financial transformation will eliminate corruption and money laundering.
The head of the committee, Atwan Al-Atwani, said in a statement to the Iraqi News Agency (INA), "The digital transformation in the financial aspect has become essential and very important to achieve a qualitative shift in sustainable development, and through applications it is possible to provide many job opportunities and provide cash liquidity to the Ministry of Finance."
He added that "banking needs a qualitative shift, considering that digital transformation eliminates corruption and gets rid of money laundering," explaining that "digital transformation is not a luxury, but rather essential to keep pace with the global development that is proceeding rapidly in this field."
During the fourth annual international scientific conference, entitled (Digital Financial Services - Challenges of Reality and Future Foresight), which was organized last Tuesday, the Ministry of Finance announced that it has made great strides in digital transformation and electronic payment, while indicating that progress has been made in the field of automating customs procedures to ensure financial sustainability and economic diversification. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking about the discussion for adjustment to have a new exchange rate. Can you believe that Mr. Frank? Every day they tell us they're going to give us a new exchange rate...You know why they're telling us they're going to give us a new exchange rate? They say since the auctions are stopping. FRANK: Tell parliament to moooove over...The cash cow is coming to an end... It's coming, that's all there is to it.
Walkingstick After they stop the auction the nation of Iraq's currency has to be backed by something. It will no longer be backed by the American dollar. But with a basket, the other currencies can back up the Iraqi dinar. But that's not the best way for it to go. The best way is for the Iraq dinar to be backed by gold or by its assets inside of that basket giving it the most power for all the other currencies...No doubt the currency of Iraq is not just backed by oil but by endless amount of things
Roadmap to Ending the Fed, 'It Can Be Done' Says Ron Paul
Commodity Culture: 12-27-2024
Ron Paul has been a staunch advocate of sound money, fiscal responsibility, and putting an end to the Federal Reserve banking system for his whole political career, and he lays out a roadmap for how to put an end to the Fed, once and for all.
Dr. Paul also gives his take on DOGE and its chances of success, the possibility of America returning to a gold standard, and much more.
00:00 Introduction
00:41 Can the Debt Issue in the US Be Solved?
05:44 Can We Return to a Gold Standard?
12:42 Is DOGE Another Grace Commission?
16:41 Roadmap to Ending the Fed
21:15 Auditing America's Gold Reserves
26:08 Incentivizing US Uranium Production
Coffee with MarkZ and Mr. Cottrell 12/27/2024
Coffee with MarkZ and Mr. Cottrell 12/27/2024
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: Good Morning Mark, Mods and RV family
Member: Months back Mr. C said he thought the beginning of January for the RV and here we are!
Coffee with MarkZ and Mr. Cottrell 12/27/2024
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: Good Morning Mark, Mods and RV family
Member: Months back Mr. C said he thought the beginning of January for the RV and here we are!
Member: any news on in-country rates?
MZ: They have not changed yet. We have people on the ground in Iraq and there are a lot of talk and rumors- but, rates have not changed yet.
Member: Will be be taxed on this exchange?
MZ: I am still told no….but, I have set aside funds to cover it just in case.
Member: Maybe they are waiting for the inauguration so we don’t have to pay taxes?
Member: I think that the U.S. Treasury has some control on the R.V. timing and they may wait until after the Trump inauguration.
Member: Has there ever been a revaluation of more than one currency at the same time?
MZ: Yes there has. Around Word War 2. And I shared a lot of information last night on the Kuwait Revalue. Links are posted.
Mod: MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Member: Some are saying that Iraq has to RV by 31st Dec ….. is it a rumour?
Member: there are a lot of rumors floating around.
MZ: As for rumors- they are definitely out there. I am hearing rumors from groups attached to Indian Nations that they are being told to prep for imminent release. It could be within days….. Similar mechanism are being re-enacted to when Kuwait RV’d. Some Indian Nations did very well when Kuwait revalued. This has me really excited.
MZ: “Iraqi Dinar falls a week before dollar selling platform closes” So auctions have not yet closed…but seems people are starting to panic. Many believe though that the dinar rate will increase to become more than a dollar …so they need to get through a little turbulence on the dinar RV stream
MZ: “Within days: business confused with the dollar exchange rates expected to rise in parallel market” Businesses are trying to figure out how to price things. The government created a committee to address how to reprice things for sudden value changes.
MZ: “Calls for Re-Evaluation on the cost of oil production in Kurdistan under the supervision of an international audit firm” Finally on the HCL….they are bringing an outside audit firm to determine the actual price of getting oil out. This has been a major sticking point keeping HCL from being settled. This should speed things up.
Member: HCL- The can that is being kicked
MZ: HCL- The can about to come to rest . It’s like when a dam is breaking. You do not know the exact time it implodes…but you can see all the cracks forming …..you can see water leaking….and you know it’s about to go…
Member: Any comment on the Saint Germaine trust opening? Are we gonna wait for Easter?
Member: Are redemption Center folks working this weekend?
MZ: I do not know yet. I was hoping to have an update by now.
Member: I strongly believe things will happen with the RV before this year is out!
Member: Possibility of the Stock Market Crashing today! Yay!
Member: I am very weary….been waiting for the RV for almost 20 years
Member: I’m beyond tired of this, can’t imagine being in this nightmare for decades.
Member: Stay grounded, no one knows the timing, but we do know it is coming!!
Member: Mark and mods ….thank you for all you do for our community
Member: Enjoy the weekend and be blessed.
Mr. Cottrell joins the stream today. Please listen to the replay for his information and opinions.
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.
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
“Tidbits From TNT” Friday 12-27-2024
TNT:
Tishwash: Iraq establishes 'investment portfolio' to support stability of national currency
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed Iraq’s first step after extinguishing its foreign debts towards establishing an investment portfolio to support the stability of the national currency.
Saleh explained to {Euphrates News} that: "Since 2004, after Iraq was able to extinguish $100 billion of its accumulated debts, known as pre-1990 debts resulting from wars and conflicts, and with the improvement in the current account of the balance of payments, the first step taken by Iraq was to establish an investment portfolio of foreign reserves."
He added, "Or what is called the country's foreign exchange reserves that perform the function of stabilizing the value of the national currency or what is called the external value of money."
TNT:
Tishwash: Iraq establishes 'investment portfolio' to support stability of national currency
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed Iraq’s first step after extinguishing its foreign debts towards establishing an investment portfolio to support the stability of the national currency.
Saleh explained to {Euphrates News} that: "Since 2004, after Iraq was able to extinguish $100 billion of its accumulated debts, known as pre-1990 debts resulting from wars and conflicts, and with the improvement in the current account of the balance of payments, the first step taken by Iraq was to establish an investment portfolio of foreign reserves."
He added, "Or what is called the country's foreign exchange reserves that perform the function of stabilizing the value of the national currency or what is called the external value of money."
Saleh said that "these assets that support the stability of the balance of payments and the national currency {i.e. foreign reserves} are one of the aspects of the sovereign funds called {quasi-sovereign wealth fund}."
He pointed out that "they differ from traditional sovereign funds in that their assets are characterized by high liquidity or investment in liquid or semi-liquid assets and are subject to a highly accurate diversification rule in foreign currencies and highly liquid financial investment tools by virtue of their function as international reserves supporting the balance of payments and stabilizing the value of the national currency." link
Tishwash: Call to re-evaluate the cost of oil production in Kurdistan under the supervision of an international auditing firm
The economic expert, Safwan Qusay, called for a re-evaluation of the cost of oil production in Kurdistan under the supervision of an international auditing company.
Safwan told {Euphrates News} that: "The House of Representatives is supposed to, with the arrival of the budget schedules from the government to the parliament presidency, assign the Finance Committee to study them in order to approve them faster to avoid the agreement in 2025."
He added, "There is an urgent need to restore the cost of producing a barrel of oil from the Kurdistan Region's fields and raise this number under the supervision of an international auditing company to $16 or something commensurate with this cost, and for the region to pledge to deliver more than 400,000 barrels to SOMO."
Safwan pointed out that "amending the article related to exporting Kurdistan oil includes increasing the cost by $6 at the level of all oil fields in Iraq, and this rate can be reduced in some governorates to $2, and the transfer can be enhanced for the purpose of financing $16 from the Ministry of Finance to the region."
"There is a desire in China next year to double the total production, meaning we expect an increase in Iraqi oil consumption, which may give importance to increasing the value, thus the possibility of canceling the voluntary cuts by OPEC and returning the pumping of Iraqi oil to its normal production rates of 4 million and 500 thousand barrels of oil per day," he added.
Regarding the industrial city project in Basra, Safwan explained, "After completing the population census, we have a clear map of the deficit in housing units of no less than two million and 500 thousand housing units that are supposed to be built, and the demand for iron will increase with the presence of service projects and the necessity of establishing a train system."
He stressed "the need to develop the iron and steel industry in Iraq to move to the steel industry and create an economic partnership with companies that depend on iron and steel, whether in the housing sector or cars and other iron products," considering economic diversification "an important step taken by the government to rehabilitate the private sector, which suffers greatly."
Regarding the fluctuations in the dollar price and its impact on citizens, Safwan said, “The Central Bank of Iraq still has ambitions to modernize the banking systems and involve the largest possible number of banks in the process of financing foreign trade by reclassifying them and linking them to a system of international correspondents; but these efforts alone will not be able to control the exchange rate. We need to invest in technology at the border crossings.” link
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Tishwash: The International Development Bank announced, today, Thursday, the introduction of an electronic payment mechanism for entertainment services.
The International Development Bank announced, today, Thursday, the introduction of an electronic payment mechanism for entertainment services.
The bank's management said in a statement received by the Iraqi News Agency (INA): "The bank has entered into a strategic partnership with the 1001 application, which represents a new step towards achieving a shared vision in enhancing support for youth by providing an entertainment service and an integrated social experience through the use of electronic payment tools and bank cards."
It added, "This came with direct support and utmost importance from the Chairman of the Board of Directors of the International Development Bank, Ziad Khalaf; In order to encourage the use of legal digital content within Iraq, which contains a comprehensive store for the Iraqi public. This contract also contributes to enhancing digital entertainment and participation among youth in supporting sports culture and using payment via electronic cards.
" It stated, "Through this partnership, we seek to provide direct access to the digital, diverse and comprehensive content of the T0D/1001/bein sport/OSN+/lalega/Spanish League libraries, the English Premier League, the European Champions League, the German League, Formula 1, the NBA Basketball League and tennis tournaments," explaining that "this partnership represents a true reflection of our shared values in enhancing quality, providing the best and keenness to achieve excellence in everything we offer. link
Mot: What to appear
Mot: . Ever Wonder How Santa Pays fer da Toys!!!!!
Iraq News Highlights and Points to Ponder Friday AM 12-27-24
Foreign Policy: Demographic Gift Will Make Iraq A “Global Economic Power” With Washington’s Help
Translated reports |Today Baghdad Today – Translation The American newspaper Foreign Policy, which is close to the White House, published a report today, Friday, December 27, 2024, on the population census prepared by the Iraqi government, stressing that the results of the census must be respected by all political parties in Iraq to prevent "dire consequences" and pave the way for "huge investment."
Foreign Policy: Demographic Gift Will Make Iraq A “Global Economic Power” With Washington’s Help
Translated reports |Today Baghdad Today – Translation The American newspaper Foreign Policy, which is close to the White House, published a report today, Friday, December 27, 2024, on the population census prepared by the Iraqi government, stressing that the results of the census must be respected by all political parties in Iraq to prevent "dire consequences" and pave the way for "huge investment."
The newspaper said, according to what was translated by "Baghdad Today", that Iraq, which is now enjoying a "demographic gift" as a result of the high percentage of youth among its population, which has reached sixty percent, must invest properly by implementing plans and making decisions that improve the Iraqi economy and raise "investment and entrepreneurship rates and integrate the young workforce into the private sector through government initiatives that guarantee investment," according to its description.
She continued, "The United States must help the Iraqi government to exploit the demographic gift correctly and achieve appropriate economic investment in it to prevent the severe damage that Iraq will be exposed to, and consequently the United States and its interests in the country, if it fails to do so," noting that failure to invest the demographic gift correctly will lead to "high rates of unemployment, crime, and political and security instability."
The network also confirmed that Iraq would be a "huge regional and international economic power if it exploited its demographic gift as East Asian countries did, achieving what was known at the time as their economic miracle during the nineties by exploiting the youth and their high percentages in society."
The Foreign Policy report concluded by stressing that the Iraqi government, along with Washington, must ensure that Baghdad succeeds in exploiting its demographic gift during the coming period, stressing that the real test of the Iraqi government and regime’s ability to lead the country in a correct manner that guarantees continued international support will be after the announcement of the final results of the census expected during the next month.
On November 20 and 21, 2024, Iraq conducted a comprehensive population and housing census, including the Kurdistan Region, the first since 1987.
The Iraqi government announced the preliminary results of the census on the 25th of last month, where the population of Iraq reached more than 45 million people, including foreigners and refugees, and the percentage of the population of working age (15-64 years) reached 60.2%, so that Iraq has entered the demographic gift stage with the percentage of the population of working age reaching 60%. LINK
Policy Al-Ekti: There Is No Real Will To Pass The Oil And Gas Law
Information/Baghdad... On Friday, the member of the Patriotic Union of Kurdistan, Burhan Sheikh Raouf, confirmed that there is no real will to pass the oil and gas law and legislate it in parliament, despite the existence of an agreement in the State Administration Coalition to legislate it within 9 months of the beginning of Al-Sudani’s rule.
Sheikh Raouf told Al-Maalouma, "The Patriotic Union of Kurdistan seeks and stands by resolving all the problems between Baghdad and Erbil and passing the oil and gas law by the House of Representatives."
He added, "There is a need for an oil and gas law and finding solutions to the oil problems between Baghdad and Erbil according to the legal and constitutional frameworks and in cooperation and coordination between the federal and Kurdish governments."
He explained that "the delay in approving the oil and gas law is due to the lack of a real will to legislate it, despite the existence of an agreement within the State Administration Coalition to pass this law within 9 months of the formation of Al-Sudani's government, but the situation did not proceed as agreed upon." End 25N LINK
What Is The Size Of The Budget Deficit Until Last October?
Money and business Economy News – Baghdad Economic expert Nabil Al-Marsoumi revealed, today, Friday, the size of the budget deficit until last October.
Al-Marsoumi said in a tweet followed by "Al-Eqtisad News", "Although the general average of oil prices in the past period was around $73 per barrel, the Iraqi budget until last October recorded a real deficit of 16 trillion dinars after public expenditures rose with advances to about 140 trillion dinars compared to 124 trillion dinars for public revenues."
The economic expert pointed out that "a large part of this miracle was covered through domestic borrowing, which rose at the end of last October from 70 to 80 trillion dinars." Views 69 12/27/2024 - https://economy-news.net/content.php?id=51339
Uncertainty over the 2025 budget.. Parliament: We don't know anything about it yet
Baghdad Today – Baghdad Member of Parliament Ahmed Al-Sharmani explained today, Thursday (December 26, 2024), that Parliament does not know anything about the 2025 budget schedules, suggesting that the government is deliberately delaying sending it.
Al-Sharmani said in an interview with "Baghdad Today", "According to the Financial Management Law, the budget or its schedules must reach the House of Representatives at the end of the month (10) of each year, and any delay in doing so is considered a legal violation, especially since this violation has been repeated for many years."
He explained that "the 2025 budget tables are not known to the House of Representatives so far, and the delay in sending them is a violation, and there is no specific date for sending those tables."
Al-Sharmani added, "Perhaps the government will link sending the tables with amending the law proposed in Parliament, and this will delay sending the tables for a long time due to disagreements over the origin of the amendment."
MP Jawad Al-Yassari confirmed on December 19, 2024, that political differences over amending the budget law will delay voting on the 2025 budget schedules, indicating that “the Iraqi government is waiting for Parliament to amend the budget law, so that it can send it the schedules for 2025 according to the amendments.”
It is noteworthy that Member of Parliament Mustafa Al-Karaawi announced on December 8, 2024, the postponement of the second reading of the amendment to the General Budget Law until after the legislative holiday. LINK
Uncertainty Over The 2025 Budget.. Parliament: We Don't Know Anything About It Yet
Baghdad Today – Baghdad Member of Parliament Ahmed Al-Sharmani explained today, Thursday (December 26, 2024), that Parliament does not know anything about the 2025 budget schedules, suggesting that the government is deliberately delaying sending it.
Al-Sharmani said in an interview with "Baghdad Today", "According to the Financial Management Law, the budget or its schedules must reach the House of Representatives at the end of the month (10) of each year, and any delay in doing so is considered a legal violation, especially since this violation has been repeated for many years."
He explained that "the 2025 budget tables are not known to the House of Representatives so far, and the delay in sending them is a violation, and there is no specific date for sending those tables."
Al-Sharmani added, "Perhaps the government will link sending the tables with amending the law proposed in Parliament, and this will delay sending the tables for a long time due to disagreements over the origin of the amendment."
MP Jawad Al-Yassari confirmed on December 19, 2024, that political differences over amending the budget law will delay voting on the 2025 budget schedules, indicating that “the Iraqi government is waiting for Parliament to amend the budget law, so that it can send it the schedules for 2025 according to the amendments.”
It is noteworthy that Member of Parliament Mustafa Al-Karaawi announced on December 8, 2024, the postponement of the second reading of the amendment to the General Budget Law until after the legislative holiday. LINK
Seeds of Wisdom RV and Economic Updates Friday Morning 12-27-24
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RUSSIA USES BITCOIN TO AVOID SANCTIONS, FINANCE MINISTER SAYS
Russia has begun using Bitcoin to avoid Western sanctions, according to the country’s Finance Minister Anton Siluanov. In a TV interview this week, the FM confirmed the country is now using cryptocurrency to make and receive international payments, thanks to a new law.
The Kremlin last month created an experimental legal framework for cryptocurrency miners. It included a provision whereby approved entities can use crypto for international trade.
Good Morning Dinar Recaps,
RUSSIA USES BITCOIN TO AVOID SANCTIONS, FINANCE MINISTER SAYS
Russia has begun using Bitcoin to avoid Western sanctions, according to the country’s Finance Minister Anton Siluanov. In a TV interview this week, the FM confirmed the country is now using cryptocurrency to make and receive international payments, thanks to a new law.
The Kremlin last month created an experimental legal framework for cryptocurrency miners. It included a provision whereby approved entities can use crypto for international trade.
Russia is one of several countries in BRICS that are embracing crypto, especially Bitcoin. Russia in particular has embraced the new digital ruble, and now has Bitcoin as a new alternative to fiat currency.
Additionally, the new Bitcoin law is a benefit for Russian energy companies. Now, the companies can sell to a power-hungry group of domestic bitcoin miners, in an industry that continues to grow. While not all countries that Russia does deals with cater to crypto yet, being one of the first in the region to embrace Bitcoin is a huge step.
In the realm of de-dollarization, Russia’s decision to use Bitcoin in trade is also a plus. While Russia claims that the BRICS bloc is not trying to rid the world of the greenback, the USD is still a rival Russia hopes to overshadow soon. Bitcoin is becoming a more popular alternative to USD and fiat. Even the US is considering a Bitcoin reserve for the greenback’s safety net.
Earlier this year, State Duma deputy Anton Tkachev proposed a Bitcoin Reserve in Russia to protect against Western sanctions. The move goes hand-in-hand with this new law allowing Russia to trade internationally with BTC.
Furthermore, Tkachev told Finance Minister Anton Siluanov that cryptocurrencies are “virtually the only instrument for international trade” under current restrictions. Russia’s newest law could create a challenge for President-elect Donald Trump as well.
The incoming US president is both a crypto supporter and advocate for U.S. dollar dominance and faces challenges from Putin and Russia. Therefore, his support of both BTC and Fiat could create a conflict in the future.
@ Newshounds News™
Source: Watcher Guru
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LAWMAKERS PREPARE TO INTRODUCE NEW CRYPTOCURRENCY REGULATIONS IN 2024
▪️U.S. Congress prepares to introduce new cryptocurrency regulations in 2024.
▪️Legislation focuses on stablecoins and market structures like FIT21.
▪️Future approval of these bills depends on congressional priorities in 2025.
@ Newshounds News™
Read More: Coin-Turk
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