“Tidbits From TNT” Sunday 1-5-2024
TNT:
Tishwash: Iran invests $1 billion in joint oil field with Iraq
The executive director of the joint Azar oil field development project with Iraq, in the city of Ilam in western Iran, stated that the Economic Council’s approval for developing the second phase of the Azar oil field is in the form of new oil contracts with an investment of more than one billion dollars, expecting this contract to enter into force before the end of this year (the Iranian year ends on March 20).
In a statement to the official Iranian news agency IRNA on Saturday, Keyvan Yar Ahmadi said: By holding several specialized meetings with representatives of the Planning and Budget Organization and submitting an explanatory report with supporting documents related to the technical work description and financial estimate for the implementation of the project
TNT:
Tishwash: Iran invests $1 billion in joint oil field with Iraq
The executive director of the joint Azar oil field development project with Iraq, in the city of Ilam in western Iran, stated that the Economic Council’s approval for developing the second phase of the Azar oil field is in the form of new oil contracts with an investment of more than one billion dollars, expecting this contract to enter into force before the end of this year (the Iranian year ends on March 20).
In a statement to the official Iranian news agency IRNA on Saturday, Keyvan Yar Ahmadi said: By holding several specialized meetings with representatives of the Planning and Budget Organization and submitting an explanatory report with supporting documents related to the technical work description and financial estimate for the implementation of the project
And explaining the objectives of developing the Azar oil field, the approval of the Economic Council was finally obtained for developing the second phase of this oil field in the form of new oil contracts with an expected investment of more than one billion dollars, and it is expected that this will be done with the fulfillment of the basic conditions in the contract by the contractor and the relevant procedures by the employer, and this contract will be implemented and become effective before the end of this year.
Yar Ahmadi pointed to the launch of the Dehloran Gas and LNG Plant (NGL-3100) in the near future, and said: The compression and sweetening facilities of the associated gas in the Azar field, which were completed a long time ago, have been launched and are ready to send gas to this plant.
Accordingly, all the activities of the first phase of the development of this field will be determined and the main milestone (the turning point and main point of the project's progress) will be delivered. The first phase of the development of this complex plant will reach its goal by achieving all the contractual targets and sharing the Iranian share of more than 70%, which has led to the production of 83 million barrels of oil and revenues of nearly $6 billion.
It is noteworthy that the Azar oil field is located in the city of Mehran in Ilam province, western Iran.
The reserves of this field amount to 2 billion and 500 million barrels of crude oil, and the amount of oil that can be extracted from it is estimated at 400 million barrels. link
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Tishwash: Al-Sudani's Advisor: 3 Economic Benefits for Iraq from Foreign Partnerships
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the common external ties with the world contribute to achieving three main positive results for the Iraqi economy, while pointing out the importance of these ties in enhancing comprehensive economic development.
Saleh explained to {Euphrates News} that: "The first result is represented in diversifying the national economy, as these links contribute to breaking the monopoly of the economy and reducing dependence on oil resources, by supporting the advanced agricultural, industrial, tourism, and services sectors."
He also stressed "the importance of encouraging small and medium enterprises, which are the backbone of the sustainable economy, especially with the strength and stability of global links."
The second result is related to strengthening partnerships with the private sector, as Saleh pointed out "the need to facilitate partnerships between the public and private sectors to implement major projects, in addition to providing incentives to the private sector to invest in non-oil sectors, which enhances the diversity of the economy."
He added that "the third result lies in investing in human resources, by developing the education and vocational training system to meet the needs of the labor market rapidly."
Saleh called for "promoting innovation and entrepreneurship among young people, with a focus on artificial intelligence technology and the effective integration of information technology and knowledge," noting that "Iraq can benefit from its strategic geographical location as a link between Asia and Europe to enhance its role as a global trade center through the "Development Road" project.
He stressed "the importance of building strong economic relations with countries such as China, Europe, Turkey, Iran, and the Gulf states to achieve an exchange of economic benefits," stressing that "Iraq looks forward with steadfastness and a clear vision to achieving this goal through legislation and regulations that facilitate its integration into the global economy, while enhancing international cooperation and building long-term economic relations."
At the end of his statement, Saleh stressed that "stability in all its aspects is a basic condition for implementing these steps and achieving comprehensive economic development."
The head of the National State Forces Alliance, Mr. Ammar al-Hakim, stressed during his speech at the mass gathering in Najaf on the anniversary of the martyrdom of the Martyr of the Mihrab, Grand Ayatollah Sayyid Muhammad Baqir al-Hakim {may God sanctify his secret} yesterday, Friday, that combating corruption, establishing security, and building a balanced economy is our gateway to building a strong state, while calling for striving through Iraq To establish long-term economic ties and common interests that our peoples and the peoples of our Arab and Islamic region enjoy.
Mr. Ammar Al-Hakim also stressed the importance of focusing on reconstruction projects, economic development and increasing investments in the country. link
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Tishwsh: Al-Nusairi: Monetary policy indicators for 2024 confirm that the Central Bank is the first economic institution in Iraq
The economic and banking advisor and member of the International Union of Arab Bankers, Samir Al-Nusairi, confirmed that through accurate financial and statistical analysis, the Central Bank of Iraq revealed the positive indicators it achieved for the third quarter of 2024 compared to the same period in 2022-2023, and also announced the suspension of work on the electronic platform on 12/31/2024.
Al-Nusairi explained in an interview with "Al-Eqtisad News" that the success of the monetary policy adopted by the bank during the year 2024 and the positive indicators of business results for the third quarter/2024 compared to the same period for the years 2022-2023, which indicated the following: Total deposits in banks operating in Iraq achieved a growth of (4.2%), in contrast, cash credit granted by operating banks recorded a growth of (11.6%), and deposits in private banks operating in Iraq recorded a growth of (14%), in contrast, cash credit granted by private banks achieved a growth of (15.1%), in contrast, the broad money supply in Iraq recorded a growth of (3.3%) in the third quarter of 2024.
He added that the gold reserves of the Central Bank of Iraq recorded a significant growth of (57%), as their value reached (16) trillion dinars, compared to their value of (10.7) trillion dinars in the third quarter of 2023. The important thing is that the annual inflation rates recorded a percentage that is among the lowest annual inflation rates in the countries of the region for the months of August and September of 2024, as the rest of the percentage is acceptable at (3.7%) and (3.1%) respectively, and this reflects price stability, maintaining the general price rate, achieving the most important goals of monetary policy, and the success of monetary policy in Iraq.
Al-Nusairi stressed that by the end of 2024, it becomes clear beyond doubt that the procedures of the Central Bank of Iraq and the efforts it has made since the beginning of 2023 until now, with the support and cooperation of the government, have borne fruit and begun to yield positive results according to what was planned, with detailed procedures and administrative and technical steps and understandings
To regulate the financing of foreign trade with Arab and international banks by approving the opening of accounts for Iraqi banks in American, Chinese, European, Emirati, Indian and Turkish correspondent banks to deal directly with them for foreign transfers in the currencies of these countries, which are the dollar, euro, Chinese yuan, Indian rupee, Emirati dirham, Turkish lira, Jordanian dinar and Saudi riyal,
And leaving the electronic platform in 2024 and allowing banks to supply dollars and foreign currencies into Iraq from their accounts with correspondent banks or abroad according to specific controls issued by the Central Bank of Iraq, as well as reaching the opening of many accounts for Iraqi banks in correspondent banks.
He pointed out that the strategy of the Central Bank of Iraq implemented in 2024 to reform the banking sector adopted the restructuring, development and classification of banks and increasing their capital to the ceiling set by the Central Bank according to the specified timetables, which led and will lead to raising the capabilities of Iraqi banks to provide the best banking products and services to customers and to the economy, investment and development and moving to comprehensive digital transformation and compliance with international standards and helps in lifting the restrictions imposed on our (28) private banks.
He pointed out that foreign transfers, which reach 97%, are made at the official exchange rate, and work is underway to facilitate foreign transfers for small traders and to identify speculators' plans to harm the Iraqi economy.
A foreign exchange reserve of 153 tons of gold has been maintained, with a cumulative reserve ratio of 140%, to cover imports and local currency in circulation and provide the necessary liquidity to meet the needs of the Ministry of Finance to implement the government's operating budget.
He also noted that the developmental measures for technical, technological and administrative infrastructure in the Central Bank are being implemented accurately and comprehensively in its banking reform strategy in all its axes, and are an embodiment of what it has specified in the roadmap that it has clarified in cooperation with the government in accordance with what is stated in the government's program in Axis 12 (Financial and Banking Reform) and Paragraph 7 thereof, which is related to developing and enabling banks to contribute to development and investment.
Al-Nusairi concluded his speech by saying that the efforts made by the Central Bank in 2024 are an affirmation of the soundness of the implementation of its third strategy for the years 2024-2026, and it is trying to achieve its main and subsidiary goals according to their timetables, with wishes for success and achieving economic stability because the primary duty of banks is to be (stability) banks. link
Mot: Clears That Question Up!! -- HUH!!!!
Mot: ... One More of the Plexing Things We ----
Iraq Economic News and Points to Ponder Saturday Evening 1-4-25
Dollar Continues To Fall Against Dinar In Baghdad And Erbil With Closing
Economy | 04/01/2025 Mawazine News – Baghdad The dollar prices fell in the markets of Baghdad and Erbil, the capital of the Kurdistan Region, on Saturday, with the closing of the stock exchange at the beginning of the week.
The dollar prices also fell with the closing of the Al-Kifah and Al-Harithiya stock exchanges, recording 151,600 Iraqi dinars for every 100 dollars, while this morning it recorded 151,700 dinars for every 100 dollars.
Dollar Continues To Fall Against Dinar In Baghdad And Erbil With Closing
Economy | 04/01/2025 Mawazine News – Baghdad The dollar prices fell in the markets of Baghdad and Erbil, the capital of the Kurdistan Region, on Saturday, with the closing of the stock exchange at the beginning of the week.
The dollar prices also fell with the closing of the Al-Kifah and Al-Harithiya stock exchanges, recording 151,600 Iraqi dinars for every 100 dollars, while this morning it recorded 151,700 dinars for every 100 dollars.
The selling prices in the exchange sector stabilized 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 recorded a decline, where the selling price reached 151,400 dinars for every 100 dollars, and the purchase price reached 151,200 dinars for every 100 US dollars. https://www.mawazin.net/Details.aspx?jimare=258196
The Iraqi Government Succeeds In Recovering 50 Billion Dinars From The Corrupt During 2024
Money and business Economy News – Baghdad The Parliamentary Integrity Committee confirmed, today, Saturday, that the government succeeded in recovering 50 billion dinars from the corrupt during the past year, while indicating that Prime Minister Mohammed Shia Al-Sudani played a prominent role in reducing corruption files.
Committee member MP Alia Nassif said: "Al-Sudani and the Integrity Commission had an effective impact in reducing the aggravation of these files and prosecuting those involved in them," noting that "the government also succeeded in recovering about 50 billion dinars from those involved in corruption files in the Deal of the Century, in addition to the Director General of Refineries and the Assistant Director of Investment during the year 2024."
Nassif pointed out that "the anti-corruption operations also included pursuing those involved in real estate fraud files," noting that "most ministries and governorates formed sub-committees to stop the waste of public money." 199 views 01/04/2025 - https://economy-news.net/content.php?id=51588
Al-Sudani's Advisor: 3 Economic Benefits For Iraq From Foreign Partnerships
Time: 2025/01/04 19:03:39 Read: 1,508 times {Economic: Al Furat News} The economic advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the common external ties with the world contribute to achieving three main positive results for the Iraqi economy, while pointing out the importance of these ties in enhancing comprehensive economic development.
Saleh explained to {Euphrates News} that: "The first result is represented in diversifying the national economy, as these links contribute to breaking the monopoly of the economy and reducing dependence on oil resources, by supporting the advanced agricultural, industrial, tourism, and services sectors."
He also stressed "the importance of encouraging small and medium enterprises, which are the backbone of the sustainable economy, especially with the strength and stability of global links."
The second result is related to strengthening partnerships with the private sector, as Saleh pointed out "the need to facilitate partnerships between the public and private sectors to implement major projects, in addition to providing incentives to the private sector to invest in non-oil sectors, which enhances the diversity of the economy."
He added that "the third result lies in investing in human resources, by developing the education and vocational training system to meet the needs of the labor market rapidly."
Saleh called for "promoting innovation and entrepreneurship among young people, with a focus on artificial intelligence technology and the effective integration of information technology and knowledge," noting that "Iraq can benefit from its strategic geographical location as a link between Asia and Europe to enhance its role as a global trade center through the "Development Road" project.
He stressed "the importance of building strong economic relations with countries such as China, Europe, Turkey, Iran, and the Gulf states to achieve an exchange of economic benefits," stressing that "Iraq looks forward with steadfastness and a clear vision to achieving this goal through legislation and regulations that facilitate its integration into the global economy, while enhancing international cooperation and building long-term economic relations."
At the end of his statement, Saleh stressed that "stability in all its aspects is a basic condition for implementing these steps and achieving comprehensive economic development."
The head of the National State Forces Alliance, Mr. Ammar al-Hakim, stressed during his speech at the mass gathering in Najaf on the anniversary of the martyrdom of the Martyr of the Mihrab, Grand Ayatollah Sayyid Muhammad Baqir al-Hakim {may God sanctify his secret} yesterday, Friday, that combating corruption, establishing security, and building a balanced economy is our gateway to building a strong state, while calling for striving through Iraq To establish long-term economic ties and common interests that our peoples and the peoples of our Arab and Islamic region enjoy.
Mr. Ammar Al-Hakim also stressed the importance of focusing on reconstruction projects, economic development and increasing investments in the country. LINK
Gold Rises In Baghdad And Stabilizes In Erbil
Saturday 04 , January 2025 | Economic Number of readings: 172 Baghdad / NINA / Gold prices recorded a rise in the markets of the capital, Baghdad, today, Saturday, while they stabilized in Erbil.
The selling prices of gold in the wholesale markets on Al-Naher Street in Baghdad, this morning, recorded 564 thousand dinars per mithqal of Gulf, Turkish and European gold, 21 carats, and 560 thousand dinars for purchase.
The selling price of one mithqal of Iraqi gold, 21 carats, recorded 534 thousand dinars, and 530 thousand dinars for purchase.
In goldsmiths' shops, the selling prices of a mithqal of Gulf gold, 21 carats, ranged between 565 thousand dinars and 575 thousand dinars, while the selling prices of a mithqal of Iraqi gold ranged between 535 thousand dinars and 545 thousand dinars.
In Erbil, gold prices recorded a remarkable stability, as the selling price of 24-karat gold reached about 648 thousand dinars, and 21-karat, 567 thousand dinars, while the selling price of 18-karat gold reached about 485 thousand dinars/End https://ninanews.com/Website/News/Details?key=1178228
More Than A Billion Dollars In Central Bank Sales During The Past Week
Saturday 04 , January 2025 | Economic Number of readings: 168 Baghdad/ NINA / The Central Bank of Iraq's hard currency sales during the past week amounted to more than one billion dollars.
The Central Bank sold, during the four days of the auction, one billion, 168 million, 534 thousand, and 738 dollars, at a daily average of 292 million, 133 thousand, and 684 dollars, up from the previous week, when the daily average was 291 million, 196 thousand, and 182 dollars.
Monday's sales topped the list with the highest sales, amounting to 298 million, 344 thousand, and 336 dollars, while the lowest sales were on Thursday, when they recorded 283 million, 484 thousand, and 126 dollars.
Foreign remittance sales during the past week amounted to one billion, 91 million, 984 thousand, and 738 dollars, compared to cash sales that amounted to 76 million, 550 thousand dollars.
The bank opened its auction last week over four days: Sunday, Monday, Tuesday, and Thursday./End7
https://ninanews.com/Website/News/Details?key=1178249
Securities Commission Announces Financial Performance Indicators For 2024
economy | 03:04 - 04/01/2025 Mawazine News – Baghdad The Securities Commission announced, today, Saturday, the main financial and economic indicators for the year 2024, indicating the remarkable growth in the performance of the Iraqi financial market and the expansion of its activities, reflecting the growing confidence in the market and its role in supporting the national economy
The Authority stated, in a statement received by (Mawazine News), that "the number of companies listed and registered in the Iraqi financial market reached 112 joint-stock companies, distributed as follows:
1. The number of companies listed on the regular and second trading platforms and not disclosed reached 104 companies.
2. The number of companies registered on the platform of unlisted companies (ISX-OTC) reached 8 companies.
Government bonds The market witnessed the trading of several types of government bonds, including:
• Construction bonds - two issues in two categories.
• Reconstruction bonds - three issues in two categories.
• Achievement bonds - two issues in two categories.
Bond trading indicators for the year 2024
1. The market traded 25,000 bonds from the second construction bond issue with a total value of 24,124,525,000 dinars.
2. The market traded 5 bonds from the first reconstruction bond issue with a total value of 4,920,000 dinars.
Stock trading indicators for the year 2024 The market recorded significant activity in stock trading:
1. The number of traded shares reached 809,708,623,733 shares, an increase of 17% compared to 2023.
2. The value of traded shares amounted to 690,408,795,990 dinars, an increase of 3% compared to 2023.
3. The number of executed contracts amounted to 182,967 contracts, an increase of 17% compared to 2023.
Regarding market indices:
• The ISX60 index closed in the last session of December at 1073.84 points, an increase of 20.23% compared to the closing of 2023.
• The ISX15 index closed at 1174.65 points, achieving an increase of 10.12% from its launch value.
• The market value for the year 2024 amounted to about 22,325,544,721,711 dinars, an increase of 19% compared to the year 2023.
Trading via the ISX-OTC platform The platform executed the trading of 5,982,484,498 shares worth 2,591,438,576 dinars through 2,295 transactions on the shares of three listed companies (Al-Warka Bank, Al-Rabee Brokerage, Al-Karmel Brokerage). The market value of the platform amounted to 105,702,830,262 dinars.
As for joint-stock companies
, • 72 joint-stock companies held annual general assembly meetings.
• 80 companies submitted their annual financial statements for the year 2023.
• 17 companies approved increasing their capital in accordance with the Companies Law.
• 22 companies distributed dividends to their shareholders.
The Chairman of the Securities Commission, Faisal Al-Haimus, stressed, "The positive indicators achieved by the Iraq Stock Exchange during 2024 reflect the great efforts made by the Commission to regulate the market and enhance transparency and trust.
We are committed to continuing to develop the financial market to be a fundamental pillar to support the national economy and attract more local and international investments.
We look forward to achieving greater achievements in the coming year, while strengthening the market infrastructure and expanding the scope of participation by the public and private sectors."
The Commission stated that the first stock trading session for 2025 will be held next Tuesday according to the official trading session times. https://www.mawazin.net/Details.aspx?jimare=258188
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Sunday Morning 1-5-25
Good Morning Dinar Recaps,
FDIC WANTED TO SEND SHOCKWAVES THROUGH BANKS, ACCORDING TO RIPPLE'S TOP LAWYER
Coinbase's top has called on Congress to investigate 'Operation Choke Point 2.0'
Stuart Alderoty, chief legal officer at Ripple, has opined that the Federal Deposit Insurance Corporation (FDIC) tried to send "shockwaves" throughout various banks with its intimidating letters.
Good Morning Dinar Recaps,
FDIC WANTED TO SEND SHOCKWAVES THROUGH BANKS, ACCORDING TO RIPPLE'S TOP LAWYER
Coinbase's top has called on Congress to investigate 'Operation Choke Point 2.0'
Stuart Alderoty, chief legal officer at Ripple, has opined that the Federal Deposit Insurance Corporation (FDIC) tried to send "shockwaves" throughout various banks with its intimidating letters.
"As a former bank GC, these letters scream one message: shut down everything crypto-related ASAP—not just the products and services mentioned," he said on social media. This comes after cryptocurrency trading giant Coinbase managed to secure a court order in order to get plenty of unredacted letters that were sent to dozens of banks by the FDIC.
According to Paul Grewal, chief legal officer at Coinbase, there was a "coordinated effort" to put a stop to a wide array of crypto activities, including mundane Bitcoin transactions.
The recently published letters are supposed to support the crypto industry's long-standing claims about the so-called "Operation Choke Point 2.0."
The original "Operation Chokepoint," which was uncovered by The Wall Street Journal back in 2013, was conducted by the FDIC by issuing informal suggestions to banks in order to clamp down on various high-risk activities that ranged from firework sales to payday loans. The initiative attracted widespread criticism due to violating due process to specifically target disfavored industries.
Cryptocurrency advocates have alleged that a similar playbook is being used against their industry. Earlier, Alderoty spoke in great detail about the supposed "origin story" of this anti-crypto initiative, arguing that crypto became the new target in 2021 when the Office of the Comptroller of the Currency (OCC) started demanding pre-approval for banks' crypto activities.
The FDIC then followed suit in 2022. Grewal has called on Congress to investigate this alleged crackdown. "The new Congress should launch hearings on all this without delay," he said.
@ Newshounds News™
Source: U Today
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IOTA READY FOR MAINNET RE-LAUNCH: BRIDGING DEFI AND INSTITUTIONAL NEEDS WITH MoveVM + EVM
▪️IOTA is ready to launch an enhanced mainnet protocol with EVM and MoveVM integrations.
▪️The IOTA Rebased protocol will boost the adoption and functionalities of RWAs and tokenizations.
With the IOTA Rebased protocol, the network is reportedly set for its mainnet re-launch in early 2025. On social media platform X, Michael Atlan highlighted that the mainnet re-launch positions IOTA for real-world adoption.
New IOTA Mainnet To Bridge DeFi and Institutional Needs
Altan explained that IOTA is bridging the needs of Decentralized Finance (DeFi) and institutions through MoveVM and EVM integration. As CNF reported, the IOTA Foundation recently introduced the Rebased protocol set to improve the network’s scalability, programmability, and decentralization.
The Rebased protocol establishes a completely decentralized Layer 1 (L1) network with the addition of advanced features.
These new features include Ethereum Virtual Machine (EVM) and Move Virtual Machine (MoveVM) support. MoveVM introduces strong data abstraction capabilities, simplifying complex resource management tasks.
Additionally, the direct integration of EVM into the L1 layer aims to enhance the security and decentralization of dApps built on IOTA’s EVM Layer 2 network. The transfer of EVM operations to the L1 layer will also boost network activity, increasing burned tokens.
The IOTA Rebased proposal also seeks to deliver higher throughput, anticipated above 50,000 TPS on the network. IOTA has already released a public testnet to test these proposed changes in the real world.
CNF mentioned that the community had approved the initiative through a governance vote, with 98% of the voters supporting the motion. As a result, the mainnet release is set to go live in early 2025, per a CNF report.
Atlan added that IOTA’s establishment of regulated finance solutions and a $50 million growth fund signals its readiness for the mainnet re-launch. He also pointed out that the network has genuine collaborations and no VC baggage.
Furthermore, most tokens have already been circulated, highlighting the huge liquidity of IOTA.
IOTA’s Key Focus and Growing Adoption
Following its expanded use cases and widespread market, IOTA now focuses on distributed ledger technology. CNF recently disclosed that IOTA has progressed in tokenization, digital trade finance, regulatory compliance, and decentralized infrastructure.
The platform has formed strategic partnerships in tokenization projects, recently collaborating with the UAE. Such endeavors will open the door for innovative applications of asset tokenization within a regulatory framework.
The IOTA token is gaining ground in the crypto market through these initiatives and collaborations. The IOTA coin joined the latest market rally, posting an 18.53% increase in value to trade at $0.335.
IOTA price was trading at $0.3595 at press time, up 1.3% in the last 24 hours. The market capitalization rose to $1.2 billion, suggesting investor optimism. Crypto analyst Lokman Duman noted that upward momentum could push IOTA toward $0.3600 and $0.4000 in the near future.
@ Newshounds News™
Source: Crypto News Flash
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Bank Runs are Back, Fed Reserves Plunge to Critical Levels
Bank Runs are Back, Fed Reserves Plunge to Critical Levels
Steven Van Metre: 1-5-2024
The phrase “bank run” conjures up images of panicked crowds lining up outside financial institutions, desperate to withdraw their savings.
While we haven’t seen scenes quite like that in recent times, the underlying anxieties that fuel such events are resurfacing, fueled by a significant and concerning development: Federal Reserve bank reserves are plummeting to what some are calling critical levels.
Bank Runs are Back, Fed Reserves Plunge to Critical Levels
Steven Van Metre: 1-5-2024
The phrase “bank run” conjures up images of panicked crowds lining up outside financial institutions, desperate to withdraw their savings.
While we haven’t seen scenes quite like that in recent times, the underlying anxieties that fuel such events are resurfacing, fueled by a significant and concerning development: Federal Reserve bank reserves are plummeting to what some are calling critical levels.
The “reserves” we’re talking about are the funds that commercial banks hold at the Federal Reserve. These reserves are effectively part of the banks’ safety net, allowing them to meet daily obligations, clear payments, and generally operate smoothly.
A healthy level of reserves is crucial for maintaining the stability and liquidity of the financial system.
The recent decline in these reserves is raising red flags because it indicates a potential liquidity squeeze within the banking sector. When banks have fewer reserves, they have less cushion to absorb unexpected shocks, like sudden surges in withdrawal requests. This, in turn, can heighten the risk of a bank run – a situation where a large number of customers lose confidence in a bank’s ability to fulfill its obligations and attempt to withdraw their deposits simultaneously.
Several factors are contributing to this reserve drain. One major influence is the Federal Reserve’s ongoing efforts to combat inflation. The Fed is actively reducing its balance sheet, primarily by letting its holdings of Treasury bonds and mortgage-backed securities mature without replacing them.
This process, known as quantitative tightening, pulls liquidity out of the financial system, reducing the amount of reserves available to banks.
While the situation is certainly concerning, it’s important to remember that the financial system is far more complex than it was during previous banking crises. Regulators have learned from the past and implemented many safeguards. However, the rapid decline in reserves warrants close monitoring.
The current situation underscores the delicate balance between fighting inflation and maintaining financial stability. The Federal Reserve and other financial regulators will be closely monitoring the situation and ready to intervene if necessary. For the average person, it’s a reminder to stay informed about developments in the financial world and to consider diversifying their savings.
The headlines may sound alarming, and some level of concern is certainly warranted. However, a cautious approach, guided by reliable information, is always the best approach in navigating such complex economic waters. The future will hinge on policymakers’ ability to navigate this challenging landscape with precision and foresight.
Watch the video below from Steven Van Metre for further insights and information.
News, Rumors and Opinions Sunday AM 1-5-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 5 Jan. 2025
Compiled Sun. 5 Jan. 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Sat. 4 Jan. 2025: CBI has stopped auctions, Dinar Rate has stabilized:
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 5 Jan. 2025
Compiled Sun. 5 Jan. 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Sat. 4 Jan. 2025: CBI has stopped auctions, Dinar Rate has stabilized: Iraqi Dinar Iraqi Dinar Rate Stability and RV Done Now Iraqi Dinar Latest News Iraqi Dinar Today
Sat. 4 Jan. 2025 MAJEED: The CBI will be back on Tues. 7 Jan. 2025 after the reevaluation (allegedly) happens! … to manage liquidity for the currency after being on Forex like India and Egypt. “The Authority emphasizes its efforts to regulate the market, enhance transparency, and foster public and private sector participation. The event marks the beginning of a promising year for the Iraqi stock market.” All that happening on Tues. 7 Jan. 2025.
And no, they do not have to wait for the stock market to open because Forex is an international market that does not depend on the stock market of the country to be open. They already adjusted the payroll and they will start paying the salaries on Sun. 5 Jan. 2025 based on the new rate. (allegedly) If people getting less money without knowing that rate has changed inside the country, they will go insane, so the government will announce. https://x.com/majeed66224499/status/1875532508734832660?s=46&t=Ich7hg6RGbObSjhen7byaw
On Mon. 6 Jan. 2025 the Quantum Financial System (QFS) will (allegedly) officially be activated Worldwide.
Thurs. 2 Jan. 2025 Bruce: Iraq(allegedly) had a new in-country rate on New Years Day. Tier4b (us, the Internet Group) could be notified to call for exchange appointments anywhere from Friday 3 Jan. to Sunday 5 Jan.
Thurs. 2 Jan. 2025 Frank26 and WalkingStick: Iraq’s foreign minister was in DC and gave the new Dinar Rate to the US Treasury. The US has now been paid in full and has lifted the remaining sanctions on the Iraqi Banks!
Sat. 4 Jan. 2025: BOOM! Operation Phoenix Hits Its Peak: Starlink Tests Complete, GESARA Wealth Transfer and QFS Ready for the 48-Hour January 2025 Wealth Redistribution Event! – Gazetteller Trump’s global alliances, bolstered by covert military intelligence and advanced AI technologies, are executing the largest asset recovery and wealth redistribution campaign ever attempted. From the ashes of the Federal Reserve, a new global economic order is rising—one where the power no longer rests with the elite but with the people. On January 2, 2025, the system implemented its latest security upgrade: Quantum Resonance Verification (QRV). Unlike traditional biometric measures, QRV uses harmonic frequencies in an individual’s DNA to ensure unmatched identity verification.
Sat. 4 Jan. 2025: BQQM! Declassification of Information: NESARA GESARA, White Hats, Quantum Financial System (QFS), and Banking Cartels! – amg-news.com – American Media Group
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Global Financial Crisis:
Sat. 4 Jan. 2025: Iraqi TV showing citizens how to trade Dinar on the Forex: https://dinarevaluation.blogspot.com/2025/01/firefly-television-is-now-showing_0104059332.html?spref=tw
Read full post here: https://dinarchronicles.com/2025/01/05/restored-republic-via-a-gcr-update-as-of-january-5-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 The fact they are about to [or have] stop [stopped] the auctions means it has to be replaced with a new exchange rate to add value to your currency. If all of these things are true from Sudani...then another thing is true IMO, the lower notes they're going to give you are now in position, ready, loaded to go, ready to be given to [the Iraqi citizens].
Militia Man There's a difference between the dollar auctions and the reinforcement mechanism that they use today. Militia Man and crew have been quite clear that there's going to be a change - The dollar auctions are going to stop and there's something different. [We] have been spot on about the fact that the dollar auctions are going to go away and they have...
Iraq Progress Development Road Project IQD Rate
Edu Matrix: 1-5-2024
Iraq Progress Development Road Project IQD Rate - Iraq's Development Road Project is set to revolutionize the nation's economic landscape! Join us as we explore the ambitious initiative announced by Minister of Transport, Razzaq Muhibis Al-Saadawi, which is making incredible strides in infrastructure development.
With 100% of preliminary designs completed and final design work underway, this project spans from Al-Faw to Al-Najaf Al-Ashraf Station, enhancing connectivity and trade routes.
Discover how this project not only promises job creation and industry stimulation but also aims to position Iraq as a critical hub in the global logistics network.
Some “Iraq News” Posted by Clare at KTFA 1-4-2024
KTFA:
Clare: New holiday for all Iraqis
1/3/2025
Sumerian News - Local
witnesses next week vacation Official next Monday on the occasion of memory establishment Army Iraqi Al-Basel, according to the Official Holidays Law No. 12 of 2024.
It will be on Monday, January 6th. vacation Official for all Iraqis On the occasion of the 104th anniversary of the founding of Army Iraqi The brave. LINK
KTFA:
Clare: New holiday for all Iraqis
1/3/2025
Sumerian News - Local
witnesses next week vacation Official next Monday on the occasion of memory establishment Army Iraqi Al-Basel, according to the Official Holidays Law No. 12 of 2024.
It will be on Monday, January 6th. vacation Official for all Iraqis On the occasion of the 104th anniversary of the founding of Army Iraqi The brave. LINK
Clare: Al-Sudani stresses the importance of raising the level of quality control to preserve public money
1/4/2025 Baghdad
Prime Minister Mohammed Shia Al-Sudani stressed today, Saturday, the necessity of working to address the observations and raise the level of quality of oversight; in order to preserve public money.
The Prime Minister's media office stated in a statement received by "Al-Eqtisad News" that "Al-Sudani received the head of the Financial Supervision Bureau, Ammar Sobhi Khalaf, and the meeting witnessed discussions on the contents of the Bureau's reports on the performance of the various state agencies, and ways to enhance them."
Al-Sudani stressed the "necessity of working to address the comments and raise the level of quality of oversight, in order to preserve public money."
During the meeting, the Audit Bureau’s reports were reviewed, particularly reports related to the performance of ministries and entities not affiliated with a ministry. LINK
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Clare: The Iraqi government succeeds in recovering 50 billion dinars from the corrupt during 2024
1/4/2025 Baghdad
The Parliamentary Integrity Committee confirmed, today, Saturday, that the government succeeded in recovering 50 billion dinars from the corrupt during the past year, while indicating that Prime Minister Mohammed Shia Al-Sudani played a prominent role in reducing corruption files.
Committee member MP Alia Nassif said: "Al-Sudani and the Integrity Commission had an effective impact in reducing the aggravation of these files and prosecuting those involved in them," noting that "the government also succeeded in recovering about 50 billion dinars from those involved in corruption files in the Deal of the Century, in addition to the Director General of Refineries and the Assistant Director of Investment during the year 2024."
Nassif pointed out that "the anti-corruption operations also included pursuing those involved in real estate fraud files," noting that "most ministries and governorates formed sub-committees to stop the waste of public money." LINK
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Clare: "Oil and Gas Law" resolves pending issues between Baghdad and Erbil
1/4/2025
Oil and Gas Committee in the Iraqi Parliament considered, on Saturday, that the agreement on the draft "Oil and Gas Law" and sending it from the government to the parliament will contribute to resolving many of the pending issues between Baghdad and Erbil.
Committee member Bassem Al-Gharibawi told Shafak News Agency, "Agreeing on the draft oil and gas law and approving it in the Council of Ministers and then sending it to Parliament will contribute to resolving many of the outstanding problems between the federal and regional governments."
According to Al-Gharibawi, the government had previously formed a committee headed by the Deputy Prime Minister for Energy Affairs, the Deputy Prime Minister for Economic Affairs, and the Iraqi SOMO Company to negotiate with the regional government regarding amending the disputed articles and preparing a final version of the oil and gas law.
He added, "The Parliamentary Oil Committee hosted a number of officials from the Ministry of Oil during the previous legislative session, and discussed the formulas and articles that require amendment to the Oil and Gas Law."
Last week, Iraqi economic expert, Nabil Al-Marsoumi, revealed that 9 foreign companies were demanding compensation amounting to 24 billion dollars resulting from the halt in oil exports after the Iraqi judiciary rejected the appeal of the Iraqi Ministry of Oil to cancel these companies’ contracts with the Kurdistan Region.
The Karkh Court of Appeal rejected an appeal submitted by the Iraqi Ministry of Oil and overturned previous rulings that declared the contracts of foreign companies with the Kurdistan Region invalid .
According to the court, contracts are considered “valid,” enforceable, and binding on both parties, and no party outside the contract has the right to object to them, even if they are based on a legal basis that the Federal Supreme Court in Iraq deemed unconstitutional in February 2022 .
The court explained in the reasons on which it relied that the decision of the Federal Supreme Court issued in February 2022 cannot be applied to contracts concluded before its issuance, in accordance with a general principle in Iraqi civil law. LINK
Clare: Iraq surpasses Saudi Arabia in oil exports to America
1/4/2025
The US Energy Information Administration announced on Saturday that Iraq surpassed Saudi Arabia in oil exports to the United States during the past week.
The administration stated in a table seen by Shafaq News Agency, that "the average US imports of crude oil during the past week from 9 major countries amounted to 5.765 million barrels per day, down by 79 thousand barrels per day from the previous week, which amounted to 5.844 million barrels per day."
She added that "Iraq's oil exports to America reached 212 thousand barrels per day last week, down by 17 thousand barrels per day from the previous week, which reached 229 thousand barrels per day, thus exceeding Saudi Arabia, whose exports to America reached only 87 thousand barrels."
The administration indicated that "the largest oil revenues for America during the past week came from Canada at a rate of 3.733 million barrels per day, followed by Mexico at an average of 551 thousand barrels per day, then Venezuela at an average of 353 thousand barrels per day, and Colombia at an average of 289 thousand barrels per day."
According to the table, "the amount of US imports of crude oil from Brazil amounted to 280 thousand barrels per day, from Libya it was at a rate of 189 thousand barrels per day, and from Nigeria at a rate of 71 thousand barrels per day. LINK
Iraq Economic News and Points to Ponder Saturday Afternoon 1-4-25
In Support Of Mr. Al-Hakim’s Proposal.. Advisor To Al-Sudani: Iraq Strengthens Its Sustainable Economic Partnerships
Time: 2025/01/03 Reading: 962 times {Economic: Al Furat News} The economic advisor to the Prime Minister, Mazhar Muhammad Salih, announced that the current Iraqi government seeks to strengthen sustainable economic partnerships with major countries.
Saleh told {Euphrates News}: "Iraq has left behind the legacy of isolation and regional and international conflicts since 2003, and our country is currently experiencing a very high level of stability with the international economic community and building economic relations that achieve common interests, led by openness to an international strategic investment environment based on the path of development, which is led by central infrastructure in improving transportation, energy and port networks."
In Support Of Mr. Al-Hakim’s Proposal.. Advisor To Al-Sudani: Iraq Strengthens Its Sustainable Economic Partnerships
Time: 2025/01/03 Reading: 962 times {Economic: Al Furat News} The economic advisor to the Prime Minister, Mazhar Muhammad Salih, announced that the current Iraqi government seeks to strengthen sustainable economic partnerships with major countries.
Saleh told {Euphrates News}: "Iraq has left behind the legacy of isolation and regional and international conflicts since 2003, and our country is currently experiencing a very high level of stability with the international economic community and building economic relations that achieve common interests, led by openness to an international strategic investment environment based on the path of development, which is led by central infrastructure in improving transportation, energy and port networks."
He added, "In addition to establishing free industrial and economic zones to attract real foreign direct investment with high added value."
Saleh continued, "Also, continuing the strength of traditional trade tributaries, especially in crude oil trade and traditional trade, will remain important factors in building our country's interests with the world, by dealing with Iraq's international partners, led by major friendly countries, namely India, Turkey, China, Korea, the United States, Japan, and sister and friendly countries such as the Emirates, Saudi Arabia, Iran and the rest of the neighboring countries."
The head of the National State Forces Alliance, Mr. Ammar al-Hakim, stressed during his speech at the mass gathering in Najaf on the anniversary of the martyrdom of the Martyr of the Mihrab, Grand Ayatollah Sayyid Muhammad Baqir al-Hakim {may his secret be sanctified} that combating corruption, establishing security, and building a balanced economy are our gateway to building a strong state, while calling for striving through Iraq to establish long-term economic ties and common interests that our peoples and the peoples of our Arab and Islamic region enjoy.
Mr. Ammar al-Hakim also stressed the importance of focusing on reconstruction projects, economic development, and increasing investments in the country. LINK
Government Advisor: Monetary Stabilization Mechanism Will Maintain Financial Stability In The Country
Economy | 11:04 - 01/03/2025 Mawazine News – Baghdad The financial advisor to the Prime Minister, Mazhar Mohammed Saleh, confirmed today, Friday, that the Central Bank has adopted the monetary reinforcement mechanism to feed the national banks’ requests for foreign currency, indicating that the monetary reinforcement mechanism will maintain financial stability in the country.
Saleh told the official agency that "the function of the Central Bank will continue to move in two directions: the first is to meet the needs of national banks for foreign currency with their correspondents, which confirms that the new monetary reinforcement mechanism will work to provide monetary stability on the part of the monetary authority in the two issues of continuing the monetary sterilization policy that is concerned with controlling the levels of local liquidity by exchanging foreign currency for the dinar,"
noting that "the new monetary reinforcement mechanism will maintain a fixed exchange rate of 1,320 dinars for every 100 dollars, which will enable the Central Bank to achieve stability in the external value of the Iraqi dinar by controlling the growth in the money supply within the operational objectives of monetary policy through what is called the monetary transmission mechanism to achieve intermediate or real long-term objectives in achieving stability in the general price level or reducing the growth in inflation rates, and this comes in conjunction with the stability of the exchange rate and the growth of the money supply to achieve stability in the general price level."
Saleh added that "the second trend is to provide foreign currency to correspondents of national banks in order to facilitate the stability of the real supply of basic goods and services flowing into the domestic market with high fluidity, and to make compliance control of foreign currency transactions on two levels: national through the Anti-Money Laundering and Terrorist Funds Office, and external through the role of correspondent banks that undertake the task of auditing compliance issues."
https://www.mawazin.net/Details.aspx?jimare=258164
Gold Is Heading For Weekly Gains By More Than 1%
Friday 03, January 2025 10:21 | Economic Number of readings: 184 Baghdad / NINA / Gold prices witnessed a slight rise in early trading on Friday, after gains of 1 percent in the previous session, supported by demand for safe havens, while the focus is on the Federal Reserve's decisions on future interest rates as well as the trade tariffs proposed by US President-elect Donald Trump.
Spot gold rose 0.1 percent to $2,660.25 per ounce by 0018 GMT, hovering around its lowest level in more than two weeks, which it recorded on Thursday.
Gold has risen about 1.5 percent during the week so far. U.S. gold futures gained 0.2 percent to $2,673.90 an ounce.
Gold has emerged as one of the best performing assets in 2024, rising more than 27 percent in its biggest annual gain since 2010.
Among other precious metals, spot silver fell 0.1 percent to $29.54 an ounce, platinum was flat at $923.09, and palladium fell 0.2 percent to $909.74. /End8 https://ninanews.com/Website/News/Details?key=1178037
Iraqi Oil Continues To Maintain Gains
Economy | 03/01/2025 Mawazine News - Follow-up Iraqi oil recorded stability today, Friday, at a rise above 73 in global markets during the second day of trading of the year.
According to economic data, Basra Heavy crude recorded $70.19 per barrel, while the average recorded $73.29 per barrel, with a change rate of -0.16, respectively, for March 2025 delivery.
The data also showed an increase in global crude prices, as British Brent crude recorded $76.08, while US West Texas Intermediate crude recorded $73.32 per barrel, with a change rate of +0.15 and +0.18, respectively. https://www.mawazin.net/Details.aspx?jimare=258163
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
5 Reasons Everyone Seems Richer Than You
Rachel Cruze: 5 Reasons Everyone Seems Richer Than You
Rafaela Stalbalk Klose Wed, January 1, 2025 GOBankingRates
n today’s digital age, feeling like others are financially ahead is a common experience. Social media, advertising and the constant showcase of others’ lifestyles can create a pervasive sense of inadequacy, making it seem like everyone else is wealthier and more secure.
Understanding the factors that contribute to this perception and implementing effective financial practices — such as emphasizing net worth, setting clear goals and reducing reliance on debt — makes financial satisfaction more attainable. Rachel Cruze, personal finance expert and author, explored the reasons behind these feelings and provided strategies to regain financial confidence in a recent YouTube video.
Rachel Cruze: 5 Reasons Everyone Seems Richer Than You
Rafaela Stalbalk Klose Wed, January 1, 2025 GOBankingRates
n today’s digital age, feeling like others are financially ahead is a common experience. Social media, advertising and the constant showcase of others’ lifestyles can create a pervasive sense of inadequacy, making it seem like everyone else is wealthier and more secure.
Understanding the factors that contribute to this perception and implementing effective financial practices — such as emphasizing net worth, setting clear goals and reducing reliance on debt — makes financial satisfaction more attainable. Rachel Cruze, personal finance expert and author, explored the reasons behind these feelings and provided strategies to regain financial confidence in a recent YouTube video.
Remember, comparison is the thief of joy. Focusing on building a life that aligns with your personal financial goals and values is essential for creating a stable and fulfilling financial future.
The Influence of Comparison Culture
Comparison culture is more pervasive than ever, fueled by the constant scroll of social media and the influence of targeted advertising.
What once revolved around modest comparisons, Cruze said, like wearing American Eagle or Hollister, has escalated into showcasing luxury lifestyles, complete with $50,000 cars.
This relentless exposure to high-end living creates an unattainable standard for many, amplifying financial pressures and making it increasingly difficult to feel content with one’s own financial situation.
Debt as a Hidden Factor
Debt often fuels the illusion of wealth. Cruze pointed out that many people rely on credit cards, car loans, personal loans or home equity lines of credit (HELOCs) to finance trendy purchases, lavish vacations and frequent dining out.
This widespread reliance on borrowing creates a façade of financial security, masking the reality that many are grappling with mounting financial obligations. Recognizing how debt contributes to these perceptions can provide valuable perspective and reduce feelings of inadequacy when comparing financial situations.
Unseen Financial Circumstances
TO READ MORE: https://finance.yahoo.com/news/rachel-cruze-5-reasons-everyone-140010936.html
Warning for 2025: Central Banks Colluded for Cheap Money, This Is Their Plan | Nomi Prins
Warning for 2025: Central Banks Colluded for Cheap Money, This Is Their Plan | Nomi Prins
Kitco News: 1-3-2024
2024 was a rollercoaster for central banks, as G10 nations collectively slashed rates by a staggering 650 basis points—mirroring the unprecedented monetary actions of 2020.
But what does this coordinated policy shift mean for inflation, debt, and the real economy in 2025? Dr. Nomi Prins, geo-macro economist, bestselling author, and founder of Prinsights Global, joins Kitco News to break it all down.
Warning for 2025: Central Banks Colluded for Cheap Money, This Is Their Plan | Nomi Prins
Kitco News: 1-3-2024
2024 was a rollercoaster for central banks, as G10 nations collectively slashed rates by a staggering 650 basis points—mirroring the unprecedented monetary actions of 2020.
But what does this coordinated policy shift mean for inflation, debt, and the real economy in 2025? Dr. Nomi Prins, geo-macro economist, bestselling author, and founder of Prinsights Global, joins Kitco News to break it all down.
From her analysis of global central bank collusion to her inflation predictions, Dr. Prins delivers sharp insights and actionable strategies for investors navigating a volatile financial landscape. Dr. Prins shares her outlook for gold, Bitcoin, and commodities in 2025, offering her predictions on price movements and key drivers.
She also discusses systemic risks in the banking sector, the implications of soaring global debt, and the rise of central bank digital currencies. Whether you're an investor seeking to hedge against uncertainty or a viewer curious about the future of money, this conversation is packed with must-know insights to stay ahead in the year ahead.
00:00 Introduction
00:25 Central Banks' Rate Cuts
02:25 Inflation and Its Real-World Effects
05:31 Global Debt and Economic Growth
22:19 Geopolitical Risks and Financial System Stability
23:52 CBDCs and Privacy Concerns
30:02 Investment Strategies for 2025
38:21 Conclusion
Weekend Chat With MarkZ 1-4-2024
Weekend Chat With MarkZ 1-4-2024
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
MZ: We spend the first 45 minutes with Matt and Lucas at CBD Gurus ….then the news
Member: Good Morning and welcome to another weekend
Member: What good news for us on the first weekend of the new year mark?
Weekend Chat With MarkZ 1-4-2024
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
MZ: We spend the first 45 minutes with Matt and Lucas at CBD Gurus ….then the news
Member: Good Morning and welcome to another weekend
Member: What good news for us on the first weekend of the new year mark?
MZ: What I am hearing on the bond side is they are expecting their payments on the 7th, 8th and 9th. This is from the majority of my bond contacts. We are hopeful this time it will actually occur.
Member: Those poor historic bond folks ….They are victims of “the boy who cried wolf” just like us.
MZ: it appears a lot of stuff is positioned in this process. Maybe waiting on congress and confirmations?? Is it a coincidence?
Member: they are supposed to certify the election and Trump as President on Monday…..that could be big.
MZ: Seems like a lot of scheduled to start on the 7th after the certifications on the 6th. Maybe it’s a coincidence and maybe it’s not.
Member: Maybe things are positioned for a “shotgun start” after the 6th???
MZ: Still quiet on CMKX …but there are a number of groups who are also positioning for this week. Hopefully for actual payments. They were told to “be prepared to execute” meaning to make sure accounts are ready and know the exact figures.
MZ: I am hopeful and think that at the bare minimum…information will start to get much better….starting midday on Monday. The holidays really cut into getting information.
MZ: In Iraq-It appears the final step in de-dollarization is happening..…that is what I was told…although my one contact told me to not worry and this is de-dollarization before the change. …but, The central Bank of Iraq is claiming they sold one billion in 4 days. They keep saying auctions have stopped but we are seeing evidence they are still moving foreign currency. We are not sure what is going on – but we are watching it. Things are quite confusing.
MZ: “The Iraqi government succeeds in removing 10 billion dinar from the corrupt in 2024” more good news.
MZ: “ Government Advisor: The growth rate of non-oil GDP during 2024 is unprecedented” Its great to see non oil revenues sky-rocketing…this will help support the value of the dinar.
MZ: ”Within a week, Iraq surpasses Saudi Arabia by exporting 212,000 barrels per day to America” more that twice as much as Saudi Arabia. This is huge.
MZ: “Oil and gas law is the salvation of the outstanding files between Baghdad and Erbil” this discussion is really hearing up again. Along with smaller notes discussions and HCL discussions. They want us to know the Oil and Gas law will solve all outstanding problems.
Member: Articles are all sounding the same as last year…..Maybe Iraq is stalling while waiting on the US to get their act together?
Member: Don’t give up everyone…it will happen SUDDENLY
MarkZ does a lot of math according to articles and how the numbers easily support a rate of $3.50 to $4.00. Please listen to the replay for all those figures.
Member: tonight is Saturday night where all the banks close all around the world. Fingers crossed.
Member: Thanks to Mark and the mods…..everyone have a wonderful weekend and those affected by storms….stay safe.
Member: Happy Birthday to everyone celebrating this weekend! Blessings!
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
News, Rumors and Opinions Saturday 1-4-2024
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. 4 Jan. 2025
Compiled Sat. 4 Jan. 2025 12:01 am EST by Judy Byington
Global Currency Reset:
On Mon. 6 Jan. 2025 the Quantum Financial System (QFS) could possibley officially be activated Worldwide.
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. 4 Jan. 2025
Compiled Sat. 4 Jan. 2025 12:01 am EST by Judy Byington
Global Currency Reset:
On Mon. 6 Jan. 2025 the Quantum Financial System (QFS) could possibley officially be activated Worldwide.
Thurs. 2 Jan. 2025 Bruce: Iraq had a 9allegedly) new in-country rate on New Years Day. Tier4b (us, the Internet Group) could be notified to call for exchange appointments anywhere from Friday 3 Jan. to Sunday 5 Jan.
Thurs. 2 Jan. 2025 Frank26 and WalkingStick: Iraq’s foreign minister was in DC and gave the new Dinar Rate to the US Treasury. The US has now been paid in full and has lifted the remaining sanctions on the Iraqi Banks!
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(Please consider this as RUMOR)
Fri. 3 Jan. 2025 HISTORIC: QFS Now in Full Control – Elite’s Billions Confiscated, DNA Verification Enforced, Quantum Wealth Transfer Begins, Redemption Cards Activated, EBS Ready, and Starlink Secures the Grid! …Gitmo TV on Telegram
The final phase of Operation Phoenix is (allegedly) underway, marking a historic turning point in the battle for global financial liberation. Trump’s re-election has (allegedly) solidified his control over GESARA and accelerated the dismantling of the corrupt financial system. December 2024 brings undeniable progress with stakes higher than ever.
GESARA Teachings: The Key to Navigating the New World: GESARA isn’t just about wealth redistribution—it’s a lifeline for thriving in the era of the Quantum Financial System (QFS). Grasping the teachings is essential to engage with Redemption Centers or access reclaimed funds. These principles guide the dismantling of the deepstate’s financial grip, ensuring transparency and empowerment.
Operation Phoenix Intensifies: Trillions in Elite Assets (allegedly) Seized: In late December 2024, elite teams seized over $3 trillion in global assets. Major financial hubs, including Singapore, Dubai, and New York, were raided, targeting the corrupt elite. These assets are now (allegedly) funneled into the GESARA wealth redistribution initiative. Trump’s team has (allegedly) neutralized key players in the banking cartel, signaling the end of the Federal Reserve and IMF.
New Quantum Vaults (allegedly) Activated: The QFS unveiled Quantum Vaults, secure digital storage for reclaimed wealth. Using quantum encryption powered by Starlink, these vaults ensure transparent and secure distribution of funds. Quantum Access Cards, enhanced with biometric pulse-reading technology, guarantee only(allegedly) authorized access linked directly to an individual’s DNA.
Starlink Expands Q-Grid: Global Emergency Updates Begin: Starlink’s Q-Grid now covers (allegedly) 100% of the Earth’s surface. As of December 28, 2024, Global Emergency Updates began(allegedly) broadcasting GESARA progress and EBS updates directly to the people, bypassing traditional media channels. Trump’s team is (allegedly) preparing for a major January 2025 announcement regarding the wealth transfer.
Operation Sentinel: New Deployments to Safeguard Redemption Centers: AI-powered tactical units are deployed under Operation Sentinel to protect Redemption Centers. These units neutralize threats using quantum surveillance technology. Deepstate sabotage efforts to disrupt Redemption Centers have (allegedly) been thwarted by QFS algorithms ensuring the security of the rollout.
Elite Takedown Expands to Underground Networks: GESARA teams have (allegedly) raided underground bunkers in Antarctica, the Swiss Alps, and the Nevada desert, (allegedly) uncovering free energy devices and advanced medical tools. These discoveries will (allegedly) soon be released under Trump’s vision for a self-sustaining World.
Starlink-EBS Integration: Prepare for the January 2025 Event: The EBS is now (allegedly) fully integrated with Starlink’s Q-Grid, preparing for a global 48-hour communication lockdown in January 2025. During this time, (allegedly) the truth about the old financial system, the elite’s takedown, and the full activation of the QFS will be broadcast, marking the beginning of the largest wealth redistribution in history.
The Revolution Cannot Be Stopped: As we approach 2025, humanity stands on the brink of financial liberation. The QFS, GESARA, and Redemption Centers are weapons against financial oppression. The elite’s power is crumbling, and nothing can stop what is coming. Align with the QFS—the dawn of a new era is here.
Read full post here: https://dinarchronicles.com/2025/01/04/restored-republic-via-a-gcr-update-as-of-january-4-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Question: "How many major banks are there participating in the exchange?" I don't know that yet. But I believe that every major bank will be involved. [Iraq boots-on-the-ground report] FIREFLY: Television again says Iraq has ended the dollar auctions but we knew this yesterday but I guess it's important. FRANK: ...Every day until the 7th IMO is going to be very exciting with a lot of information...
Jeff They're implementing their banking reforms. You have no idea how close you are to this rate change. This is Iraq implementing their banking reform right in front of us. The electronic platform for selling dollars has been suspended. That means the currency auctions have ended...That's a critical piece to this. That's the banking reform getting implemented. That's Iraq preparing to revalue their currency. That makes this month of January extremely critical regarding our investment and the revaluation of Iraq's currency.
RED ALERT: Stock Market Downturn Imminent | Michael Oliver
Liberty and finance: 1-3-2024
Michael Oliver discusses the current state of the economy, focusing on the implications of central banking policies, stock market trends, and the potential for a financial crisis.
He analyzes the indicators suggesting a market top, the resilience of gold and silver as safe havens, and the risks associated with long-term investments in the current economic climate.
The discussion emphasizes the interconnectedness of various asset classes and the historical context of market behaviors during crises.
INTERVIEW TIMELINE:
0:00 Intro
1:51 Stock market downturn
14:40 Gold market
23:55 Long-term assumptions
26:51 Momentum Structural Analysis