Saturday Night “Humor While We Wait” posted by Mot at TNT
TNT:
Mot: *The Trucker and the Witty Waitress*
One sunny morning, a rugged trucker strolled into a bustling truck stop café. His heavy boots echoed on the tiled floor as he made his way to the counter, where a cheerful blonde waitress stood, pen in hand, ready to take his order.
The trucker flashed a grin and said, “I’ll have three flat tires, a pair of headlights, and a couple of running boards.”
The waitress froze for a moment, her pen hovering midair. Was he joking? Or maybe lost? Determined to stay professional, she masked her confusion with a smile and chirped, “Coming right up!” before heading into the kitchen.
Inside, she found the cook, a burly man flipping pancakes like a pro.
TNT:
Mot: *The Trucker and the Witty Waitress*
One sunny morning, a rugged trucker strolled into a bustling truck stop café. His heavy boots echoed on the tiled floor as he made his way to the counter, where a cheerful blonde waitress stood, pen in hand, ready to take his order.
The trucker flashed a grin and said, “I’ll have three flat tires, a pair of headlights, and a couple of running boards.”
The waitress froze for a moment, her pen hovering midair. Was he joking? Or maybe lost? Determined to stay professional, she masked her confusion with a smile and chirped, “Coming right up!” before heading into the kitchen.
Inside, she found the cook, a burly man flipping pancakes like a pro.
“Hey,” she said, “there’s a guy out there asking for three flat tires, headlights, and running boards. Did we turn into an auto parts store?”
The cook burst into laughter, nearly dropping his spatula. “Relax, sweetheart. That’s just trucker lingo. Three flat tires are pancakes, headlights are sunny-side-up eggs, and running boards are strips of bacon. It’s their way of having fun.”
The waitress couldn’t help but laugh. “Got it. Truck-stop slang.”
She quickly got to work, carefully stacking pancakes, frying eggs to perfection, and adding crispy bacon to the plate. Just as she was about to serve the order, an idea struck her.
Grinning, she grabbed a small bowl, filled it with baked beans, and placed it on the tray. With a spring in her step, she delivered the meal to the trucker, setting it down with a big smile.
The trucker took one look at the bowl of beans and raised an eyebrow. “What’s this?” he asked.
Without missing a beat, she smirked and replied, “Well, while you’re waiting for your flat tires, headlights, and running boards, I thought you might want to gas up!”
The trucker let out a hearty laugh that filled the café, catching the attention of other diners, who couldn’t help but chuckle at her quick wit.
From that day on, the trucker became a regular, and the blonde waitress earned her reputation as the sharpest, most quick-witted queen of the truck stop.
*Moral of the story:* A little humor—and a bowl of beans—can brighten anyone’s day!
Mot: Truisum of Today
Mot: . First Thing to buy
Mot: .... What a shame!
Iraq Economic News and Points to Ponder Saturday Afternoon 12-28-24
The Dollar Continues To Decline Against The Dinar In Baghdad And Erbil At The Closing
Economy | 12/28/2024 Mawazine News – Baghdad The dollar price decreased in the markets of Baghdad and Erbil, the capital of the Kurdistan Region, on Saturday, with the closing of the stock exchange.
The dollar price also decreased with the closing of the Al-Kifah and Al-Harithiya stock exchanges, recording 151,500 Iraqi dinars for every 100 dollars, while this morning it recorded 151,600 dinars for every 100 dollars.
The Dollar Continues To Decline Against The Dinar In Baghdad And Erbil At The Closing
Economy | 12/28/2024 Mawazine News – Baghdad The dollar price decreased in the markets of Baghdad and Erbil, the capital of the Kurdistan Region, on Saturday, with the closing of the stock exchange.
The dollar price also decreased with the closing of the Al-Kifah and Al-Harithiya stock exchanges, recording 151,500 Iraqi dinars for every 100 dollars, while this morning it recorded 151,600 dinars for every 100 dollars.
The selling prices stabilized in the exchange shops in the local markets in Baghdad, where the selling price reached 152,500 Iraqi dinars for every 100 dollars, while the purchase price reached 150,500 dinars for every 100 dollars.
In Erbil, the dollar also decreased, where the selling price reached 151,450 dinars for every 100 dollars, and the purchase price reached 151,350 dinars for every 100 US dollars. https://www.mawazin.net/Details.aspx?jimare=257973
Gold Prices Stabilize In Local Markets In Iraq
Economy | 12/28/2024 Mawazine News – Baghdad Gold selling prices in local markets in the capital, Baghdad, recorded stability today, Saturday, at the beginning of the last week of 2024.
The price of an ounce of gold recorded $ 2622, while the price of the 21-karat lira recorded 565 thousand Iraqi dinars, and the selling prices of the yellow metal were recorded as follows:
21-karat mithqal at 565 thousand dinars
18-karat mithqal at 485 thousand dinars
22-karat mithqal at 590 thousand dinars
24-karat mithqal at 645 thousand dinars
https://www.mawazin.net/Details.aspx?jimare=257960
Oil Prices Rise In Global Markets
Economy | 12/28/2024 Mawazine News - Follow-up Oil prices rose by more than 1%, achieving weekly gains amid weak trading before the end of the year, supported by a larger-than-expected decline in US crude inventories. Brent crude futures rose 91 cents, or 1.2%, to settle at $74.17 a barrel. U.S. West Texas Intermediate crude rose 98 cents, or 1.4%, to $70.60, with both crudes up 1.4% for the week. https://www.mawazin.net/Details.aspx?jimare=257953
Exceeding $73 Per Barrel.. Iraqi Oil Ends The Week's Trading On The Rise
Buratha News Agency1522024-12-28 At the end of trading, yesterday, Friday (December 27, 2024), Iraqi oil recorded a price increase exceeding $73 per barrel, coinciding with the rise in global crude.
According to data, Basra Heavy crude recorded $70.19 per barrel, while the average recorded $73.29 per barrel, with a change of -0.16, respectively, for February 2025 delivery.
The data also showed an increase in global crude prices, with British Brent crude recording $74.17, while US West Texas Intermediate crude recorded $70.60 per barrel, with a change rate of +0.98 and +0.90, respectively. https://burathanews.com/arabic/economic/454352
More Than A Billion Dollars In Sales From The Central Bank Of Iraq In 4 Days
Banks Economy News – Baghdad The total sales of hard currency in US dollars by the Central Bank of Iraq during the days in which the auction was opened during the past week amounted to more than one billion dollars.
During the past week and for the 4 days in which the auction was opened, the Central Bank sold 1 billion, 67 million, 584 thousand, and 729 dollars, at a daily rate of 291 million, 196 million, and 182 dollars, higher than the previous week, when the selling rate reached 289 million, 134 thousand, and 990 dollars.
The Central Bank auction opened its doors on Sunday, Monday, Tuesday and Thursday, after being closed during the official holidays last week, which included Friday, Saturday and Wednesday.
The highest dollar sales were on Monday, when sales reached 296 million, 151 thousand, and 962 dollars, while the lowest sales were on Sunday, when sales reached 284 million, 696 thousand, and 947 dollars.
Foreign remittance sales during the past week amounted to 1 billion, 67 million, 537 thousand, and 979 dollars, an increase of 95% compared to cash sales, which amounted to 46 million, 750 thousand dollars.
82 views Added 12/28/2024 - https://economy-news.net/content.php?id=51366
Iraq Is The World's First In The Density Of Natural Resources.. A New Vision For Investing Resources
Time: 2024/12/28 Read: 1,118 times {Economic: Al Furat News} The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed a new vision for investment in materials in Iraq.
Saleh told {Euphrates News} that: “What the economic policy in our country is looking forward to is thinking outside the box and providing sustainability in the current account surplus of the Iraqi balance of payments through investment expansion in natural resources, manufacturing them and making them ready for export in a way that provides returns that help establish a sovereign wealth fund.”
He added, “The most appropriate model is to generate a sovereign wealth fund {directing its investments towards internal opportunities} and according to a different vision; since our country is ninth in the world in terms of the diversity of its natural resources in the ground and first in the world in terms of the concentration of wealth per square kilometer.” LINK
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
3 Things To Sell To Pay Off Holiday Credit Card Debt
3 Things To Sell To Pay Off Holiday Credit Card Debt
Andrew Lisa Sat, December 28, 2024 GOBankingRates
If your generous nature outperformed your budget this holiday season, hopefully you’re anticipating a year-end bonus to cushion the blow. If not, look around — your ticket out of a post-holiday financial fiasco might be hiding among your household clutter.
The most common advice is to sell things like vinyl records, trading cards, comic books and classic toys. The problem is that those kinds of collectibles tend to carry significant sentimental value and — unless they’re truly rare, unique and pristine — are usually rendered next to worthless by the law of supply and demand.
3 Things To Sell To Pay Off Holiday Credit Card Debt
Andrew Lisa Sat, December 28, 2024 GOBankingRates
If your generous nature outperformed your budget this holiday season, hopefully you’re anticipating a year-end bonus to cushion the blow. If not, look around — your ticket out of a post-holiday financial fiasco might be hiding among your household clutter.
The most common advice is to sell things like vinyl records, trading cards, comic books and classic toys. The problem is that those kinds of collectibles tend to carry significant sentimental value and — unless they’re truly rare, unique and pristine — are usually rendered next to worthless by the law of supply and demand.
However, the following items could have enough real-world resale value to break your financial fall without forcing you to part with long-held favorites that mean something to you.
Unwanted Furniture
If you have to sell your bed to pay the bills in January, even if it means sleeping on the floor through the spring, you probably spent too much on the holidays.
But if you have furniture collecting dust in an attic, basement, unused office or outdated room, think twice before you kick it to the curb with a handwritten “free” sign taped to it.
Here are three ways to convert furniture into cash.
A Hidden Gem Could Bring a Windfall
Furniture is no different than baseball cards, Fabergé eggs or any other collectors’ items. Its value is tied to its rarity, age, condition, maker and status among buyers, and it’s worth whatever someone is willing to pay for it.
If you happen to stumble upon a gem, you could get anywhere from a few hundred bucks to, in the case of the Guinness record-holding 18th-century Italian Badminton cabinet, $36.66 million.
Don’t hold your breath for the latter, but do keep your eyes peeled for the former. Try to identify the wood type, style, period, condition, quality and maker’s mark, according to Decorative Collective. If you think you’ve got something, use sites like Ask Antique Experts and Value My Stuff to get a quick online appraisal.
A Little Restoration Can Steer Double-Digit Prices to Triple or Beyond
If you find a priceless antique Chippendale chair hiding in your attic, the last thing you want to do is alter it. However, you can add value to well-made but inconsequential furniture with a little basic DIY restoration and renewal.
Authorities like Home Depot offer simple tutorials that most people can use to improve a piece for sale, and Amazon sells highly rated DIY kits that include most of what you’ll need for around $20.
With a little effort, you can list your shiny like-new piece on a platform like Etsy, Facebook Marketplace or AptDeco for more than you could have without the elbow grease.
Esty users routinely sell refinished furniture ranging from the high hundreds to well into the thousands.
TO READ MORE: https://www.yahoo.com/finance/news/3-things-sell-pay-off-120010153.html
More News, Rumors and Opinions Saturday Afternoon 12-28-2024
KTFA:
Clare: Iraq is the world's first in the density of natural resources.. A new vision for investing resources
12/28/2024
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed a new vision for investment in materials in Iraq.
Saleh told {Euphrates News} that: “What the economic policy in our country is looking forward to is thinking outside the box and providing sustainability in the current account surplus of the Iraqi balance of payments through investment expansion in natural resources, manufacturing them and making them ready for export in a way that provides returns that help establish a sovereign wealth fund.”
KTFA:
Clare: Iraq is the world's first in the density of natural resources.. A new vision for investing resources
12/28/2024
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed a new vision for investment in materials in Iraq.
Saleh told {Euphrates News} that: “What the economic policy in our country is looking forward to is thinking outside the box and providing sustainability in the current account surplus of the Iraqi balance of payments through investment expansion in natural resources, manufacturing them and making them ready for export in a way that provides returns that help establish a sovereign wealth fund.”
He added, “The most appropriate model is to generate a sovereign wealth fund {directing its investments towards internal opportunities} and according to a different vision; since our country is ninth in the world in terms of the diversity of its natural resources in the ground and first in the world in terms of the concentration of wealth per square kilometer.” Raghad LINK
Judy Byington:
Fri. 27 Dec. 2024 Nine 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
Tues. 24 Dec. 2024: Major banks hit by outages in Christmas Eve disaster. The Big Four bank confirmed ‘intermittent issues’ had been reported on its goMoney app and internet banking services. https://www.msn.com/en-us/money/companies/major-banks-hit-by-outages-in-christmas-eve-disaster/ar-AA1woA8c?rc=1&ocid=socialshare&cvid=4fcd4c97c0c84799d3ca4848628e76e0&ei=19
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 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy...the key here will be when the auctions stop and we feel like it will be either the 28th or the 29th. The dollar may jump up some due to traveling at this time but soon we should see the lower notes and the new rate.
Bruce [via WiserNow] ...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...What does it mean? ...Well, in this case, it means a couple of days. Releases are coming very shortly...It's coming...what I've heard since then and these were extremely valuable people that were bringing this to us... 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...Let's see what happens over the weekend.
Golden Shifts: Privacy and Wealth in a Changing World with Dr. Nomi Prins (Little By Little)
Andy Schectman: 12-27-2024
In this engaging interview, Andy Schectman sits down with Dr. Nomi Prins, a renowned macro-economist, geopolitical financial expert, and best-selling author. Dr. Prins is the founder of Prinsights Global, a company specializing in geopolitical financial and macro-economic analysis, and creator of its flagship research product, *Prinsights Pulse*.
This thought-provoking conversation delves into the complexities of the global economy, the financial system's evolution, and the strategic forces shaping our world. It’s an essential watch for anyone seeking a deeper understanding of the intersection between macroeconomics and geopolitical dynamics.
Stock Market at Breaking Point, What Gets Gold to $4k?
Stock Market at Breaking Point, What Gets Gold to $4k?
Kitco News: 12-27-2024
As 2024 draws to a close, financial markets find themselves at a historic crossroads.
Gold has surged to unprecedented heights, breaching the $3,000 mark for the first time, while Bitcoin has crossed the elusive $100,000 threshold.
This dramatic rise in value has left investors and analysts alike pondering the implications for 2025.
Stock Market at Breaking Point, What Gets Gold to $4k?
Kitco News: 12-27-2024
As 2024 draws to a close, financial markets find themselves at a historic crossroads.
Gold has surged to unprecedented heights, breaching the $3,000 mark for the first time, while Bitcoin has crossed the elusive $100,000 threshold.
This dramatic rise in value has left investors and analysts alike pondering the implications for 2025.
In an exclusive interview with Kitco News, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, provides valuable insights into the current state of these markets and the macroeconomic factors at play.
Gold’s ascent is not merely a reflection of its status as a safe haven asset; it has broader implications for the global economy. According to McGlone, the fact that gold has breached $3,000 could signal significant economic shifts.
“Historically, when gold reaches such levels, it often indicates rising inflation, heightened geopolitical tensions, or a loss of confidence in fiat currencies,” he explains. As central banks worldwide embark on a rate-cutting spree, the demand for gold as a hedge against currency devaluation is likely to grow.
Bitcoin’s meteoric rise to over $100,000 raises questions about sustainability. While McGlone acknowledges the cryptocurrency’s growing acceptance and institutional interest, he also cautions against potential volatility.
Key drivers behind Bitcoin’s strength include increased adoption by major financial institutions, ongoing technological advancements, and a burgeoning interest in decentralized finance. However, investors must remain vigilant as the landscape evolves.
The current macroeconomic environment is fraught with challenges, including geopolitical tensions and concerns over stagflation—the combination of stagnant economic growth and rising inflation. McGlone emphasizes the importance of diversification in an uncertain landscape.
Moreover, the prospect of de-dollarization poses a threat to the U.S. dollar’s dominance in global trade.
As we look to 2025, the financial landscape is likely to be shaped by the repercussions of 2024’s unprecedented market movements. Investors will need to be prepared for increased volatility and shifting market dynamics. McGlone suggests that a focus on asset allocation, risk management, and a keen understanding of macroeconomic indicators will be crucial in navigating the year ahead.
In conclusion, 2024 has been a historic year for financial markets, with gold and Bitcoin reaching remarkable new heights. The implications for 2025 are profound, with potential economic shifts that could impact investors globally.
As McGlone aptly puts it, “Staying informed and adaptable will be key to successfully navigating the uncertainties of the coming year.” Don’t miss this essential interview as we delve into the future of financial markets and what lies ahead for investors in 2025.
Weekend Coffee with MarkZ. 12/28/2024
Weekend Coffee with MarkZ. 12/28/2024
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
Mod: GOOD MORNING ALL! HAPPY SATURDAY! CBD MATT AND LUCAS KICK OFF THE FIRST 45 MINS AND MARK GIVES THE NEWS UPDATE AT 10:30 AM
Member: Good morning Mark, Mods and everyone else
Weekend Coffee with MarkZ. 12/28/2024
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
Mod: GOOD MORNING ALL! HAPPY SATURDAY! CBD MATT AND LUCAS KICK OFF THE FIRST 45 MINS AND MARK GIVES THE NEWS UPDATE AT 10:30 AM
Member: Good morning Mark, Mods and everyone else
Member: Did Iraq end the auctions yet?
MZ: Not yet…..but what comes on Monday-we don’t know yet. Could be Mon or even Tues is the last day?
Member: Frank26 thinks- in his opinion -auctions will end today
Member: Nader said the 28th was the day that was the most important ever!!
MZ: In Iraq: “More than one billion dollars CBI sales in 4 days” yes we did have foreign currency auctions this week. All eyes will be on Monday to see if they continue or do not continue.
MZ: “Parliamentary finance: Financial Digital transformation will eliminate corruption and money laundering” they are paving the road and laying the groundwork to changing the value of the dinar.
MZ: I have a bond contact who was asked to be in Europe-specifically Zurich on Monday…so he is making sudden travel arrangements. He wasn’t expecting to have to be there until the end of the first week in Jan. They have moved him a week. Hopefully this means things are speeding up.
Member: What is the connection between bonds and the RV?
Member: Historic bonds are part of international settlements in tier 3. They supposedly go just before we get notified…..If we see them go…..we know we are next…
MZ : There are also a few more rumors coming out of the Indian Nations here in the states. Continuing chatter is that they need to be prepared because it is imminent.
Member: Indian nations are also in tier 3. Along with church groups and other groups.
MZ: Also CMKX and Prosperity packages and part of tier 3.
Member: Chief Fast Horse says he has been paid the Tribal Funds.
Member: Rumor is Reno is on native land?
MZ: Still no response from redemption center contacts. That is very unusual. I will take it as good news.
Member: Mark a couple of people were telling Ariel that Iraq could easily say all of their old currencies are worthless and un redeemable and go with the new. Is that even possible?
MZ: In short-NO. Not without losing respect from everyone in the world including Iraqi citizens. They have to honor them if they want the world to support them.
Member: Smells like the steak is cooking, but we can’t actually see it yet, then. The best we can acknowledge is we are one day closer. No bad news, so that’s good news.
Member: perhaps overnight tonight things will move
Member: its Saturday Night tonight…supposedly the easiest nigh for a reset….we will see
Member: I am expecting it after Jan 1st or after the inauguration….but if it goes sooner….I sure would be happy.
Member: Have a wonderful weekend to all……may this be our last weekend broke.
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 WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
Iraq Economic News and Points to Ponder Saturday AM 12-28-24
In Numbers: The Decline In The Value Of The Iraqi Dinar
Economy | Yesterday, |Baghdad Today – Baghdad Today, Friday (December 27, 2024), the economic expert, Manar Al-Obaidi, determined how much the Iraqi dinar has lost its value.
Al-Obaidi explained in a blog post followed by “Baghdad Today” that “the value of any currency is determined based on two basic factors, which are the quantity of the currency issued, which is the total cash pumped by the central bank, and the size of the reserves, which includes foreign currencies, investments, and gold held.” At the Central Bank.
In Numbers: The Decline In The Value Of The Iraqi Dinar
Economy | Yesterday, |Baghdad Today – Baghdad Today, Friday (December 27, 2024), the economic expert, Manar Al-Obaidi, determined how much the Iraqi dinar has lost its value.
Al-Obaidi explained in a blog post followed by “Baghdad Today” that “the value of any currency is determined based on two basic factors, which are the quantity of the currency issued, which is the total cash pumped by the central bank, and the size of the reserves, which includes foreign currencies, investments, and gold held.” At the Central Bank.
He stated, "The situation at the end of 2023, the amount of currency exported reached 101 trillion dinars, and the value of official reserves reached 145 trillion Iraqi dinars." Al-Obaidi added,
"As for the situation at the end of 2024, the amount of currency exported remained at the same level, 101 trillion Iraqi dinars, and the value of official reserves decreased to 139.7 trillion Iraqi dinars."
He pointed out, “The impact on the value of the Iraqi dinar.
Despite the stability of the exported monetary mass, the decrease in the value of official reserves by 5.3 trillion Iraqi dinars led to a decline in the purchasing power of the dinar.
As a result of this decrease in reserves, the actual value of the Iraqi dinar declined by 5.3%.”". Al-Obaidi pointed out,
"The continued decline in the actual value of the dinar will lead at some point to an increase in inflation as a result of the decline in the strength of the dinar in exchange for only the reserves.
All of this was the average price of Iraqi oil was high, so how will things turn out in the event of a decline in oil prices?" https://baghdadtoday.news/264779-بالأرقام.-انخفاض-قيمة-الدينار-العراقي.html
Finance: Digital Transformation Has Accelerated The Completion Of Transactions And Reduced The Need For Cash Transactions
economy 24-12-2024, 11:51 Baghdad - IA - Wissam Al-Mulla Today, Tuesday, the Ministry of Finance announced that it has made great strides in digital transformation and electronic payment, while indicating progress in the field of automating customs procedures to ensure financial sustainability and diversification of the economy.
The representative of the Minister of Finance/Undersecretary of the Ministry, Rebaz Muhammad Hamdan, said in her speech during the fourth annual international scientific conference, entitled (Digital Financial Services - Challenges of Reality and Foreseeing the Future) and attended by the correspondent of the Iraqi News Agency (INA), that
“our conference today comes within the government’s efforts to implement... The government program, as digital financial services have witnessed rapid development in recent years, and modern technology has contributed to accelerating the financial process.”
He added, "The Ministry has made great strides in digital transformation, including financial transfers, electronic payments, online loans, and mobile banking services, which has increased the efficiency of accelerating financial transactions, reducing the need for cash transactions, and providing services to people who cannot access traditional banking services," noting that
“Innovation and development in this field were enhanced, ways of cooperation were discussed between relevant authorities in the field of financial technology, and
the most prominent solutions related to cybersecurity and future risks in this sector were reviewed and how to take precautions for those risks.” He continued,
"The Ministry has advanced in the field of automating customs procedures to ensure financial sustainability and the diversification of the economy in accordance with the principles of integrity, transparency and anti-corruption, and has implemented programs in the Financial and Accounting Training Center to train employees on the use of new digital systems with the aim of enhancing digital skills in the Ministry, improving financial performance and enhancing confidence in the financial system."". https://www.ina.iq/224332--.html
Finance: Digital Transformation Has Accelerated The Completion Of Transactions And Reduced The Need For Cash Transactions
economy 24-12-2024, Baghdad - IA - Wissam Al-Mulla Today, Tuesday, the Ministry of Finance announced that it has made great strides in digital transformation and electronic payment, while indicating progress in the field of automating customs procedures to ensure financial sustainability and diversification of the economy.
The representative of the Minister of Finance/Undersecretary of the Ministry, Rebaz Muhammad Hamdan, said in her speech during the fourth annual international scientific conference, entitled (Digital Financial Services - Challenges of Reality and Foreseeing the Future) and attended by the correspondent of the Iraqi News Agency (INA), that “our conference today comes within the government’s efforts to implement... The government program, as digital financial services have witnessed rapid development in recent years, and modern technology has contributed to accelerating the financial process.” He added,
"The Ministry has made great strides in digital transformation, including financial transfers, electronic payments, online loans, and mobile banking services, which has increased the efficiency of accelerating financial transactions, reducing the need for cash transactions, and providing services to people who cannot access traditional banking services," noting that
“Innovation and development in this field were enhanced, ways of cooperation were discussed between relevant authorities in the field of financial technology, and the most prominent solutions related to cybersecurity and future risks in this sector were reviewed and how to take precautions for those risks.”
He continued, "The Ministry has advanced in the field of automating customs procedures to ensure financial sustainability and the diversification of the economy in accordance with the principles of integrity, transparency and anti-corruption, and has implemented programs in the Financial and Accounting Training Center to train employees on the use of new digital systems with the aim of enhancing digital skills in the Ministry, improving financial performance and enhancing confidence in the financial system."". https://www.ina.iq/224332--.html
Integration Requirements
December 26, 2024 In order to speed up the procedures and complete the
merger transactions for exchange companies (A, B) and brokerage companies that buy and sell all foreign currencies, please provide us with the attached merger requirements.
For more, click here. https://cbi.iq/static/uploads/up/file-173521355168533.pdf
https://cbi.iq/news/view/2746
~~~~~~~~~~
[ partial and approximate of https://cbi.iq/static/uploads/up/file-173521355168533.pdf ]
DATE: 26/12/2024
Exchange companies for the two (8 and 8) under establishment
Mediation companies by selling and selling all foreign currencies
M/ Integration requirements
In order to accelerate procedures and complete the completion of your companies ’integration.
Please provide us with the accompanying integration requirements, so that this directorate can proceed with this directorate.
Integration without delay or delay, as the delay in completing the requirements of integration will lead to the delay in granting you The final license.
You can communicate through the available channels, including the adopted email of this directorate:
Nbfi.supervision@cbi.ig.
with appreciation/ To abide by what is mentioned above.
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
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