Iraq Economic News and Points to Ponder Wednesday Afternoon 1-8-25

Presidencies Discuss Preparations For 2025 Elections And Financial Liquidity For Ministries And Governorates

Time: 2025/01/08 20:00:05 Read: 182 times  {Politics: Al Furat News} The presidencies held a meeting today, Wednesday, at the Baghdad Palace, which included the President of the Republic, Abdul Latif Jamal Rashid, the Speaker of the House of Representatives, Mahmoud Al Mashhadani, and the President of the Supreme Judicial Council, Judge Faiq Zidane.

The attendees, according to the Presidency of the Republic, discussed preparations for the 2025 parliamentary elections and the need to provide logistical and technical requirements for the Independent High Electoral Commission.

In the financial aspect, the issue of cash liquidity and financing ministries and governorates from the investment budget and the regional development budget were discussed. The need to meet the financial obligations of institutions and ministries and follow the standards of oversight and auditing of expenditures to protect public money and reduce corruption was emphasized.

The meeting discussed the delay in presenting some important draft laws prepared by the Presidency of the Republic to the sessions of the Council of Representatives, and the need for joint work and coordination between the Presidency of the Republic and the Council of Representatives to include the delayed draft laws on the Council's session program was emphasized, as they are related to the interests and work of citizens.

The attendees stressed the need to support the government in completing and completing the paragraphs of its program by improving the reality of services, improving the living conditions of citizens, supporting the Iraqi economy, and encouraging the private sector in a way that contributes to achieving comprehensive development.

Regarding the current developments in the region, emphasis was placed on consolidating security, peace and stability in the region, and the importance of supporting international efforts and endeavours to contain crises and find solutions to problems and issues through constructive dialogue that enhances international peace and security.   LINK

The World Bank Announces The Date For Submitting The Feasibility Study, The Path Of The Development Road Project And Its Details

economy | 08/01/2025  Mawazine News – Baghdad  The World Bank announced its readiness to submit the feasibility study, the path and details of the development road project by next February.

A statement by the House of Representatives received by (Mawazine News) stated that "the head of the Finance Committee, Atwan Al-Atwani, received today, Wednesday, a delegation from the World Bank headed by (Jean-Christophe Carré), Regional Director for the Middle East, to discuss supporting the railway rehabilitation project within the Development Road Project.

The meeting reviewed "the economic and regional vision for the Development Road Project and its strategic importance in stimulating investment movement, maximizing non-oil revenues and providing job opportunities, and also discussed the possibility of the private sector contributing to its implementation."

The meeting also discussed the multi-stage support provided by the World Bank for the Development Road Project, including modernizing and rehabilitating the current railway network and linking it from southern Iraq through the north and reaching Turkey.

Al-Atwani reiterated his emphasis on the government's control over the infrastructure of the Development Road so that this important project that connects Iraq to the countries of the world is not subject to influences.

The head of the committee indicated that "our vision is for the Development Road Project not to be just a transit point, but rather we seek to be a gateway to stimulating various economic and commercial activities and developing infrastructure, calling on the World Bank delegation to present new visions and ideas regarding achieving optimal investment for this huge project Which is hoped to make Iraq an economic corridor linking Asia to Europe.

He stressed the need to expedite the submission of the feasibility study related to the railway development plan within the development road project, and to contribute to mobilizing international expertise and attracting the private sector to invest in it in a way that serves the country's interests.
Al-Atwani concluded:

We look forward to holding joint workshops and expanded meetings with the World Bank, to provide a full briefing on the project details and discuss its details in a way that secures broad parliamentary support for this borrowing, indicating that "the Finance Committee supports any loans with economic feasibility and that greatly benefit the Iraqi economy, especially since investment in the railway sector is a successful trend and achieves a large financial return.

For his part, the World Bank delegation appreciated the valuable comments presented by Al-Atwani within the framework of the rapid transition from the planning and vision stage to the implementation stage, stressing the World Bank team's readiness to submit the feasibility study, the project path and its details by next February.   https://www.mawazin.net/Details.aspx?jimare=258330

Dollar Prices Rise Again Against Dinar In Baghdad And Erbil Markets

Economy |  08/01/2025  Mawazine News – Economy  The exchange rate of the dollar against the Iraqi dinar rose on Wednesday afternoon in Baghdad markets, while it stabilized in Erbil, the capital of the Kurdistan Region, with the closing of the stock exchange.

The dollar price also rose with the closing of the Al-Kifah and Al-Harithiya stock exchanges to record 151,000 dinars per 100 dollars, while it recorded 150,800 dinars per 100 dollars this morning.

The selling prices stabilized in exchange shops in the local markets in Baghdad, where the selling price reached 152,000 Iraqi dinars per 100 dollars, while the purchase price reached 150,000 dinars per 100 dollars.

As for Erbil, the dollar recorded stability, where the selling price reached 150,950 dinars per 100 dollars, and the purchase price reached 150,850 dinars per 100 US dollars. https://www.mawazin.net/Details.aspx?jimare=258341

Chairman Of The Integrity Commission Stresses The Importance Of Developing Mechanisms To Prevent And Combat Corruption

Political |  08/01/2025  Mawazine News – Baghdad   The Chairman of the Federal Integrity Commission, Mohammed Ali Al-Lami, discussed with the President of the Karkh Court of Appeal, Judge Khaled Taha, today, Wednesday, effective ways to prevent and combat corruption and develop its mechanisms.

The Chairman of the Integrity Commission, Mohammed Ali Al-Lami, said in a statement received by (Mawazine News): "The task of combating corruption requires strenuous efforts and everyone should contribute to it, whether official or popular activities,"

noting that "the Commission realizes the great burden placed on the judiciary in considering corruption cases, especially since its investigators work under the supervision of investigating judges and are aware of the grave responsibility borne by the judiciary, especially the large number of reports and criminal cases that need to be resolved."

He pointed out "the importance of providing a safe environment free of corruption that leads to encouraging investment and attracting investors," indicating "the importance of developing mechanisms to prevent, protect against, combat and prosecute corruption perpetrators."

He pointed out that "the oversight work undertaken by the Commission is not limited to the investigative and punitive aspect, but also includes the preventive and educational awareness aspects, which are no less important than the deterrent aspect,"

 noting that "what the other departments of the Commission are doing to develop culture in the public and private sectors values ​​personal integrity and honesty, respect for the ethics of public service, and adopting transparency and submission to accountability and interrogation, through public awareness and education programs."

For his part, the President of the Karkh Court of Appeal, Judge Khaled Taha, stressed, according to the statement, "the partnership and joint work with the oversight agencies to preserve public money," praising "all efforts aimed at achieving the supreme interest of the country and moving towards achieving the rule of law, pursuing the corrupt and recovering looted funds."

He added that "the goal of the judiciary and other competent authorities working under its supervision is to treat and not just accuse," noting "the high level of coordination and cooperation between the judiciary and integrity and the relentless pursuit of completing cases and issuing appropriate decisions against the accused."   https://www.mawazin.net/Details.aspx?jimare=258327

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

Wednesday Evening Chat With MarkZ 1-8-2024

Wednesday Evening News With MarkZ

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member: GE Mark Z , Mods & everyone!

Member: Mark- what have you heard today?   Anything good?

MZ: Things are looking good and there has been a lot of activity today.

 MZ: Suddenly a lot of banking contacts have been checking in. Which is exciting. I have had 4 confirmations today from banking contacts that I have known for years….they are telling me now to prepare for new rates.

MZ: One of them said “It looks like that thing you are expecting is happening by Saturday….New rates by or on Saturday” Stay calm though.

Member: Mike Bara just posted....before the 10th

Member: Just saw the Dinar on Forex Mark... It's there and my Banker from Chase called me and let me know to be prepared.

Member: Anything new on the Zim?

MZ: Rates are still expected to be between $33 million to $50 million per 100T note. Still hearing $330K per $1 billion on Agros…..I hope Its correct.

MZ: “Sudanese directs to finance the Kurdistan region with more than 176 Billion Dinars” Sudani keeps sending it but rumor is the Maliki crew is causing problems . But it will not cause any delays for us I was told. Expect a lot of craziness on the boards in the coming hours that its Sudanis fault. But I was told quite clearly by contacts I trust that Sudani is not the issue.

Member: so will Maliki be the excuse when we are entering February...he has been for numerous years…

MZ: “There is no fear for the regime in Iraq as long as America and the Marjuryas are satisfied. Government towards independence”  They are telling you things are great as long as Sudani and Trump stay on the same page

Member: Thanks Mark and Mods…..have a wonderful evening to everyone.

Mod:  JOIN US TONIGHT AT 8:00 PM EST FOR WHISKEY AND WISDOM! HOPE TO SEE YOU THERE!

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

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

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

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

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

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

Youtube:     https://www.youtube.com/watch?v=1wfXjxkQG-w

Bruce’s Big Call Dinar Intel Tuesday Night 1-7-25

Bruce’s Big Call Dinar Intel Tuesday Night 1-7-25 

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It's Tuesday, January 7th and you're listening to the big call. Welcome everybody, all around the globe, wherever you're located. We're glad you joined us – we’re going to have a good call tonight and looking forward to it. I've got some pretty good intel to give you guys, but before we get into that, I would like to go ahead and  pray to call in, like we do every Tuesday and Thursday night

You know, guys, I want to pray in a request now that is fairly recent since 10:30 Pacific time this morning, we heard that there were major fires in Southern California in the Palisades area. They think they call it Pacific Palisades, but they're referring to it as Palisades, and these are hurricane force type winds, Santa Ana winds that are fueling this fire.

All right, let's cut into Intel, and let's see what  we have to talk about tonight. What's very interesting to me is that we are hearing we heard from Iraq yesterday that President Trump had spoken with President sudani of Iraq

Now let's cut to the banks and redemption centers for a moment, banks today are getting rates on their screens that are fluctuating. That means they're trading. They're moving up and down, whatever is going on with those currencies and trading.

The Redemption centers today, however, are not seeing rates on the screen. And that's okay, because the rates that are going to show up, and it should be tomorrow, should be tomorrow are going to reflect new values, higher values, and I believe the Iraqi dinar is one that will show a higher than what was on the screens the last couple of days.

 Now we've heard it has RV, 1 -2-3-4, times already, or whatever, already, and maybe it did, but this is a way that Iraq is going to put out their rate internationally, and so that we can see it too here in the United States, sometimes we're blocked on it.

 Now, the other thing is, when it comes to the Forex, the Forex rates, affect the Bank screens, the bank rates on the screens, the redemption center screens are not coming off of the Forex. They're being I don't want to use the term manipulated, but they're being controlled by other aspects, and I think that's really going to be good. Really good.

So what we're hearing from several sources today was that we will have, tomorrow will be a day of releases, which I believe we're talking about financial releases to the banks globally.

And I'll come back and finish that statement in a minute.

What's been happening since early this morning? Like o Dark 30, early this morning is that all of the banks and redemption centers around the globe have been pinging back and forth through the Starlink satellite system, which is directly connected to the quantum financial system,  so StarLink / QFs.

And this is happening, and should be happening until possibly as late as 4am tomorrow morning. That was supposed to be complete by around 10 o'clock tonight, which it's just past that now Eastern time.

But I think really, it could be done now, or it could be done early morning tomorrow, morning, and I continue my statement before about what is happening beyond that, those paying things that are happening. Why do we need that? This is the first time every bank and redemption Center have been interconnected on the StarLink system, okay? And that's how it's all going to fly.

So it's really good that that's happening now, and that should be the last thing that we have happen in the way of readiness prior to us getting notified

Now, I said we were supposed to be getting releases tomorrow. That's referring to finances going to the banks, to wherever that needs to go around the globe tomorrow, and we may get our notifications either tomorrow or Thursday.

 It looks like we could get them tomorrow and start exchanges on Thursday. It's possible we can get them if we get our numbers early enough tomorrow that we could exchange tomorrow afternoon.

But right now, my guess is based on the information so far, today and tonight, as late as eight o'clock Eastern tonight, the information is pointing toward us getting notified tomorrow, or, I don't like the or or Thursday, and exchanging on Thursday.

And I know you're thinking, Charlie Ward’sThursday. That's true, but realize this, Tomorrow is Wednesday, January, 8, and the eighth, remember, is a key number for China and the Chinese elders,  I think they would like to have us to be notified, at least notified, if not started our exchanges on tomorrow, the eighth of January.

So that's that is really where we are right now. Now we always wonder, what about our R and R and our social security and all of that stuff and the NESARA - Well, it's like Bob mentioned, tomorrow is the second Wednesday. We had one on the first, and then we've got one tomorrow on the eighth.

And I, I do not know whether we're going to see an increase in Social Security tomorrow. It's supposed, according to our social security source, we're supposed to have it this month of January, but we don't necessarily get the increase on the first, second, third or fourth Wednesday of the month.

So let's see what happens on that -  R and R is supposed to occur this month. I don't know for sure when it occur and whether we see it at the redemption center like we’ve heard before, that may have changed, but we'll have to stay tuned and see what happens on that. But as far as everything else is concerned, we are moving through  --

President Trump made a wonderful speech today with some questions for the press for about an hour and 6 minutes, and he talked about, you know, Canada. He talked about Greenland. He talked about the Panama Canal, and maybe getting it back and getting it out of the hands of China that's got two ports on either side of the Panama Canal and the fact that we're paying way more than anyone else is for our US ships and our Navy

But we are in a very good place right now. I would hope that we get notified tomorrow, and whether we start exchanges Wednesday afternoon or Thursday. Thursday is looking very good right now. Saying that to you guys like, I get this information, I go through it, I vet it, and we just do the best we can to bring you what I'm hearing. That's what I'm hearing. So we'll see where this goes.

Okay. The other thing is this, I wanted to get into this briefly about the med beds, because we did talk about the med bed one hundreds -  people are just loving that. and I got this information day to confirm  there are 26,450  med bed centers in United States does not include what's in Canada doesn't include what's in Mexico doesn't include what's around the globe. They have it positioned where med bed centers are all over the world now,

26,450 med bed centers in the United States - and the cool thing about that is each center has two med beds in it, two of the holographic med beds. That's the way to go, and I'm looking forward to getting in there post haste. So I just wanted you guys to know that's a lot of med bed centers, and we've got plenty and we've got them - they're strategically placed around the country, and I'm excited to begin that ride shortly after we begin our exchanges - very shortly, and I'm sure many of you are as well , and I think that's everything I wanted to say.

Three, about the new class that Sue has starting, but not a question about anything else. No RV flags. You know this and that I'm having problems with my PayPal account. None of that for that, you go right to PayPal, call them up and ask them to help you. That's what their customer service is for.

Okay, so that's what I wanted to say tonight,

If we have another call Thursday, which we should and the reason I say we should is because I want to do a celebration call. We get our numbers tomorrow or Thursday. I want to do a celebration call, and that then I think that what we should do will be a long call, just be a short call, 20 minutes, probably for Sue and Bob and I to get on our thank you’s and our goodbyes.

So thank you Bob. Thank you. GCK, thank you Jeannie. Thank you Pastor Scott. Thank you everyone the Sat team. Thanks everyone who has contributed to Paul. Let's all stay in faith and believe for this to manifest for us tomorrow where we get our toll free numbers and can call and set our appointments.

So let's pray the call out,

Bruce’s Big Call Dinar Intel Tuesday Night 1-7-25 REPLAY LINK   Intel Begins  1:00:40

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Bruce’s Big Call Dinar Intel Thursday Night 1-2-25 REPLAY LINK   Intel begins   1:14:54

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Bruce’s Big Call Dinar Intel Tuesday Night 12-31-24 REPLAY LINK   Intel Begins  54:44

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Bruce’s Big Call Dinar Intel Thursday Night 12-26-24 REPLAY LINK   Intel begins   1:07:27

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Bruce’s Big Call Dinar Intel Tuesday Night 12-24-24 REPLAY LINK  NO CALL

Bruce’s Big Call Dinar Intel Thursday Night 12-19-24 REPLAY LINK   NO TRANSCRIPTION

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Bruce’s Big Call Dinar Intel Tuesday Night 12-17-24 REPLAY LINK  Intel Begins 1:03:33

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Bruce’s Big Call Dinar Intel Thursday Night 12-12-24 REPLAY LINK   Intel begins   56:16

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Bruce’s Big Call Dinar Intel Tuesday Night 12-10-24 REPLAY LINK  Intel Begins 1:18:18

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Bruce’s Big Call Dinar Intel Thursday Night 12-5-24 REPLAY LINK   Intel begins   1:08:50

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Bruce’s Big Call Dinar Intel Tuesday Night 12-3-24 REPLAY LINK  Intel Begins 1:16:12

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Bruce’s Big Call Dinar Intel Thursday Night 11-28-24  REPLAY LINK  NO CALL

Bruce’s Big Call Dinar Intel Tuesday Night 11-26-24  REPLAY LINK  Intel Begins 1:16:30

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Bruce’s Big Call Dinar Intel Thursday Night 11-2124  REPLAYLINK  Intel begins   1:10:20 

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Bruce’s Big Call Dinar Intel Tuesday Night 11-19-24  REPLAY LINK  Intel Begins 1:12: 21

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Scammers Posing As Amazon How To Protect Yourself

Scammers Posing As Amazon How To Protect Yourself

Maurie Backman  Wed, January 8, 2025  Moneywise

American woman lost her life savings to scammers posing as Amazon. Here’s how the scam works and how to protect yourself

When a Knoxville, Tennessee woman named Colleen saw a duplicate charge on her credit card for an Amazon purchase, she attempted to contact the merchant to resolve the issue. But instead of getting in touch with Amazon, she wound up contacting a scammer by accident.

Her mistake was innocent enough. Rather than go to Amazon's website and use their channels to connect with someone from customer service, Colleen did an internet search for a customer service phone number.

The problem? She didn't reach Amazon. Instead, she reached someone who would ultimately rob her of her life savings.

When a simple mistake has far-reaching consequences

When Colleen got on the phone with "customer service" at Amazon, the agent she spoke to led her to believe that her account was compromised. She was then transferred to a man who identified himself as Agent John Davis from the Federal Trade Commission.

He sent Colleen his fake credentials and she received what looked like an official FTC letter stating that her Social Security number was associated with fraud and her bank account could be drained at any time. Naturally, she panicked.

Colleen was instructed to withdraw $19,000 from her savings in cash. She was then told to go to a tobacco and vape shop and create an account on its Bitcoin ATM. She was sent a bar code to scan, which allowed her to deposit $15,000.

She then went to two apparel stores, as instructed, and purchased $4,000 in gift cards before giving the cards' numbers to Davis. Davis sent her a "receipt" for her $19,000 and said she'd get her money back after the FTC did its investigation. She was also told to keep the details of the situation to herself. Now, members of Colleen's church are helping her out while she works through the aftermath.

How to avoid falling victim to a scam

The sad thing about Colleen's situation is that she's the one who made the call to "Amazon," so she thought she was in the clear. But any time you need to contact a merchant, your best bet is to go to the company's site directly and get its phone number or email — don't just do a Google search.

Often, though, scammers like the ones Colleen encountered target victims by reaching out to them directly. And there’s also been an uptick in Amazon scams in particular.

TO READ MORE: https://www.yahoo.com/finance/news/american-woman-lost-her-life-123000699.html  

More News, Rumors and Opinions Wed. Afternoon 1-8-2025

KTFA:

Toyvp:  Vietnam Closely Watching FX Market After Dong Fell to Record

(Bloomberg) -- Vietnam’s central bank said it’s keeping a close eye on the local currency which fell to a record low last week, with Deputy Governor Dao Minh Tu pledging to stabilize the dong while keeping inflation on an even keel.

The State Bank of Vietnam will “closely monitor the market situation to manage exchange rates flexibly and appropriately, while synchronously coordinating it with other monetary policy tools to control inflation and ensure macroeconomic stability,” according to a statement issued Tuesday as SBV officials held a briefing.

The SBV will maintain a flexible monetary policy, according to the statement. Earlier in the briefing, Tu described the policy stance to be appropriate amid recent calls for some tightening to steady the dong. The strength of the US dollar after Donald Trump won the US presidency is impacting global currency markets including Vietnam, according to Pham Chi Quang, the head of SBV’s monetary policy department, at the same event.

The dong rose to 25,378 per dollar after the SBV remarks, poised to extend gains for a four straight day. It fell about 5% in 2024, hitting a record low in the last two days of the previous year.

The outperformance of Vietnam’s economy last year, along with manageable inflation, gives the monetary authority scope to consider policy tightening. In 2023, the SBV delivered among the region’s early monetary easing when it cut the refinancing rate, one of the key levers used by the central bank to guide borrowing costs, three times to 4.5% from a peak of 6%.

While the base case is for Vietnam to maintain monetary policy steady this year, “we do not rule out the risk the SBV could be forced to hike policy rates or devalue the currency, in the event of persistent US dollar strength,” Malayan Banking Bhd analysts Brian Lee Shun Rong and Chua Hak Bin wrote in a note on Monday.

Maybank estimates that with repeated intervention, Vietnam’s foreign currency reserves plunged to about $80 billion by the end of 2024 from peak of $109.6 billion in January 2022. Vietnam doesn’t give updates on its FX reserves.

Asia’s growth star posted a 7.09% economic expansion in 2024, putting it in a strong position to achieve growth of at least 8% this year. Still, officials remain wary of the impact from Trump’s threat to impose broad tariffs.

Story Continues   https://finance.yahoo.com/news.....ccounter=2

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Clare:  Exclusive: Iraq signs 8 memoranda of understanding with Iran covering 3 areas

1/8/2024

Government sources revealed on Wednesday that Iraqi Prime Minister Mohammed Shia al-Sudani will sign about 8 memoranda of understanding with Iran in the security, economic and tourism fields.

The sources told Shafaq News Agency, "The visit of Al-Sudani and his accompanying delegation was not limited to discussing the latest developments and changes in the region and its security only, but it is hoped that memoranda of understanding (security, economic and tourism) will be signed according to controls and paragraphs agreed upon between the two sides."

The sources explained that "the memoranda of understanding will be signed by members of the delegation accompanying the Iraqi Prime Minister with their counterparts from the Iranian side."

Earlier today, Prime Minister Mohammed Shia al-Sudani reiterated his respect for the will of the Syrian people and support for any political framework they choose, while stressing Baghdad's keenness to establish balanced relations with all regional and international parties.

Al-Sudani said, in a joint conference with Iranian President Masoud Pezeshkian, which was followed by Shafaq News, that "the visit to Tehran comes to strengthen bilateral relations between the two countries and the meeting with Pezeshkian, discussed this file and at the level of all common areas," indicating that "the meeting also witnessed a discussion of the file of supplying Iraq with gas and energy."

Al-Sudani added, "The coming days will witness ministerial-level meetings between the two countries to discuss strengthening joint relations between Baghdad and Tehran," stressing at the same time "following up on joint projects with Iran, especially the railway and housing sectors."

During his current visit to Tehran, Al-Sudani discussed with the Speaker of the Iranian Islamic Shura Council, Mohammad Baqer Qalibaf, "bilateral relations between Iraq and the Islamic Republic of Iran, and ways to enhance them in a way that serves mutual interests, and emphasized the enhancement of cooperation in common files, as well as supporting cooperation between the legislative authorities in Iraq and Iran, in a way that contributes to consolidating the interests of the two countries."

The meeting also discussed, according to a statement by Al-Sudani's office received by Shafaq News Agency, "developments in Syria, where the unity of Syrian territory was emphasized, support for security and stability in it, and the necessity for the new political system to guarantee the rights of all Syrian components and spectrums, as well as joint work to reduce tensions and double efforts to establish regional and international peace and security."

Al-Sudani arrived in the capital, Tehran, on Wednesday morning, on an official visit in response to an invitation extended to him by Iranian President Masoud Pezeshkian.   LINK

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

Militia Man  Article Quote: "The Central Bank of Iraq and the US Federal Reserve are moving towards authorizing Iraqi banks to contract with international auditing companies."  Why is the world would you be doing that if you weren't going international?   You wouldn't...We're not talking about the central bank or the state banks, we're talking about [private] Iraqi banks... Quote:  "This step is a turning point that contributes to drawing a clear map for the work of Iraqi banks on the global stage as they deal with international correspondence and financial guarantees in addition to instant transfers."

Walkingstick  The fact that Sudani is talking so much about the purchasing power to the Iraqi citizens is amazing...It puts us exactly where we need to be with this monetary reform education...IOO no prime minister has ever made such bold promises to the citizens of his nation.  These conversations of giving purchasing power to the citizens have never been seen in the Middle East nor said by a prime minister of the Middle East.

Fed Insider Warns of 2025 Stock Market Crash

George Gammon:  1-8-2025

https://www.youtube.com/watch?v=o5IQ0x8cR8o

BRICS Major Expansion 2025: Indonesia Joins BRICS as Full Member Amid Tensions in Southeast Asia

Lena Petrova:  1-8-2025

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

2025 Market Crash? Inflation Risks and Economic Shifts Revealed

2025 Market Crash? Inflation Risks and Economic Shifts Revealed

Wealthion:  1-8-2025

The champagne corks might be popping on Wall Street in 2024, with equity markets seemingly defying gravity. However, beneath the surface of record highs and bullish sentiment, a sense of unease is growing.

Are we witnessing the final act of a speculative bubble, poised to burst in 2025? A deeper look into the current economic landscape reveals a complex web of factors that could very well trigger a major market correction, and experts are starting to sound the alarm.

In a recent discussion, James Connor sat down with Dylan Smith of Rosenberg Research to dissect the critical market and economic trends that will define 2025. Their analysis paints a picture of a financial landscape fraught with potential pitfalls, driven by a confluence of factors, from frothy markets to shifting central bank strategies.

One of the central concerns is the apparent overvaluation of equity markets. The rapid climb seen in 2024 has many questioning if we’re entering dangerous territory, fueled by speculative buying and a sense of invincibility.

 Combined with this, the specter of inflation continues to loom large. While central banks have attempted to tame price increases, the risk of a resurgence, driven by lingering supply chain issues and global uncertainties, remains very real. This precarious combination could easily trigger a market sell-off as investors scramble to de-risk.

The Federal Reserve’s (Fed) strategy, often referred to as the “Powell pivot,” is another crucial element in this complex equation. The Fed’s moves to manage inflation through interest rate hikes have had a ripple effect across global markets. However, the pace and magnitude of these adjustments are critical.

A misstep could inadvertently push economies into recession, exacerbating any market downturn. This precarious balancing act is particularly challenging given the varying economic situations of different nations.

The discussion also highlighted the stark contrast between the economic performance of the United States and Canada. While the U.S. has displayed surprising resilience and growth, Canada appears to be grappling with a “lost decade” of sluggish economic activity and challenges including high levels of household debt. This divergence creates a unique kind of risk, as global market events could impact these two interconnected economies in very different and potentially unpredictable ways.

Adding to the complexity is the potential impact of Trump’s tariff policies, a subject that’s back on the radar with his reappearance on the political scene. Increased tariffs can disrupt global supply chains, exacerbate inflationary pressures, and potentially trigger retaliatory actions from other nations, further destabilizing the global economic landscape.

Such policies introduce a significant degree of uncertainty into market forecasts, making it even harder to navigate the financial year of 2025.

Ultimately, what emerges from this analysis is that 2025 is shaping up to be a year of considerable uncertainty. Shifting central bank strategies, the potential for renewed inflation, global geopolitical instability, and the potential for disruptive political factors all contribute to a volatile financial landscape. While predicting the future is impossible, the indicators are flashing warning signs, suggesting investors should be prepared for significant market turbulence.

The insights provided by Smith and Connor underscore the importance of vigilance and a diversified approach to investing. Staying abreast of global economic trends, understanding the potential ramifications of central bank policies, and avoiding the temptation to chase short-term gains may be crucial for weathering the potential storm ahead.

While the current market exuberance may feel comforting, a dose of realism and a careful consideration of the risks is essential for navigating the financial complexities of 2025.

https://youtu.be/yzfi9tl-oNg

“Coffee With MarkZ” RIP Ed of Ocala 1-8-2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member: GOOD MORNING Y’ALL!!!! WHATCHA GOT FOR US MARKZ?!?

Member: Ed of Ocala, (Ed Fredette) passed away according to others on TG.

Member: Rest in Peace Ed of Ocala… Bless his family and all those who worked closely with Ed. What a kind man

MZ: This morning I just didn’t want to do anything…..no podcast. I just feel so bad for him and his family and friends. He always tried to do his level best to help people get through this. It is very sad to lose another one before the finish line. With great sorry we remember another one that has gone before us. RIP Ed. We will end this morning in prayer for Ed and his family and those who are still fighting to see the finish line.

MZ: This was a big kick in the teeth today.

Member: So sorry for your loss. Do you think the RV will happen before the 10th? Others say it will?

MZ: We hope it will happen before the 10th. There is a lot of stuff pointing to it possibly happening before the 10th. But there are a growing amount looking now for it to happen after the inauguration. Then it will let rip.

MZ:  I am very surprised at the number of folks in Iraq who now believe that they will position things in Iraq now that Trump has been confirmed….and then release the RV after the inauguration. But, my best sources still believe it will be before then.

Member: I always thought the private groups ect could go before….but the general public not until after the new administration takes charge.

Member: Mark if they did it the 10th that would give them the 10 days of darkness and give us 10 days for us to get in and out ?

Member: It at least seems like things are speeding up in January... but still wondering how much has to happen before "FULL DISCLOSURE" - wonder if the folks with the triggers are too afraid to go before.

Member: any news on bond holders?

MZ: Most are expecting it anytime between now and the 10th…A couple are not expecting anything until the 11th or 2th.

MZ: Some group leaders do not believe they will be able to distribute funds until after the inauguration on the 20th.

Member: That makes sense to me. Why would the Trump administration want the biden admin to get any credit for resetting the world finances and the new QFS system…..they would not …imo …I do not expect anything until the new administration takes over.

Member: Wolverine posted a short video of Charlie Ward and his family flying to Doha, Qatar with the song “ It’s the most wonderful time of the year” . Does it have any significance?

Member: Have you confirmed lower denoms have been released in Iraq?

MZ: No confirmations. There are some in Iraq telling us they are out- but no confirmations. I have seen pictures but do not know if they are old lower denoms or new ones.

Member: Jennifer and Mike both said we should start soon

Member: Charlie Ward said it will not happen until a new administration is in place. He may be right.

Member: Indonisia just joined BRICS…FYI

MZ: In Iraq: “Former MP(Member of Parliament) : Amending article 12 paves the way for enforcing the oil and gas law”

MZ: “ Iraq Central Bank auction sells 100% foreign remittance of dollars”  We are getting an idea how the new system works. 95% of what they are selling is going abroad for goods and services….they are tracking it through their new system. It’s kind of a hybrid system…It’s interesting.

MZ: “Former director of the Central bank of Iraq clarifies about the current decline of the dollar” He says its not a decline…just coming into equality and the spread in the parallel market is shrinking and not growing …and Iraq going international is doing what it is supposed to do. People are starting to trust the system.

MZ: “Top 10 Arab countries with foreign exchange reserves for 2024: This is the rank for Iraq”  Number 1 is Saudi Arabia ….#2 is the United Arab Emerites…..#3 is Iraq. Iraq has enough assets to pay for every single dinar in circulation…with money left over. This is enormous.

Member: Guys we are right at the door of this thing Revaluing. My guess is it happens sometime this month.

MZ: I agree.

Member: I think there is enough chaos going on right now to hide the RV for the public.

MZ:I agree….glad you and I are paying attention.

MZ: I just want to warn you all of scammers out there. I have a great contact at Interpol that we send information to about people offering QFS accounts right now. That is a scam. One used my email address which is similar to my real address with an addition I in it…2 I’s in original…....its not spelled right.   People are trying to get you to send a couple hundred bucks to get a QFS account.

MZ: You CANNOT get a QFS account yet. The new system has not started. Anyone saying differently is a scam. Fortunately Interpol is starting to go after these companies WORLDWIDE. For the love of God people. Do not fall for this. Desperate people are being preyed on left and right.

MZ: When the new system is ready you will not have to pay for an account. All of our accounts will be on it.

Member: Stay safe everyone…especially those in California in the path of wildfires.  

Member: Things will get better……stay positive.

Mark closes the stream with prayers for the family and friends of Ed of Ocala. Please listen to the replay for this.

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

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

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

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

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

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=eF3CR-rV_LE

How Much Money Is in the World Right Now?

How Much Money Is in the World Right Now?

November 8, 2024   Written by  Scott Jeffries

Money transformed the entire idea of the barter system. A medium of exchange for centuries, it keeps the world in flow, enables countries to trade, store wealth and foster friendly relationships.

Typically, every country has a central bank that regulates and manages the money supply, working in coordination with the government. This regulation plays a key role in shaping economic dynamics, including wealth distribution.

In today’s world, income inequality is a defining characteristic of nations, with the financial bar to join the top 1% varying drastically from one country to the next. Below is a look at countries with the highest and lowest income requirements to crack the top 1%, giving a snapshot of how wealth is distributed globally.

Money Supply Types

Economists divide money into categories based primarily on how liquid it is, according to the Federal Reserve Bank of Richmond. The range starts at the narrowest and most liquid with M0 and, in the U.S., goes up to the broadest and least liquid, M3. Each M level includes the levels that precede it, so M3 includes M0, M1 and M2.

The central bank in the U.S. is the Federal Reserve System, which publishes U.S. currency data based on three of the four Ms:

How Money Supply Is Measured

M0: Referred to as the monetary base, M0 includes all the money in circulation, including money banks hold in reserve. According to the Federal Reserve’s data for September 2024, there was about $2.3 trillion in circulation.

M1: It includes all the M0 money supply, adding the money held in travelers’ checks, demand deposits, other types of checkable deposits and negotiable orders of withdrawal. As of September 2024, the seasonally adjusted stock of M1 totaled $18.15 trillion.

M2: It includes all of the currency from the M1 money supply, and expands to include mutual funds, smaller time deposits, money market securities and other types of time deposits. M2 currencies are usually less liquid than M1, meaning you can’t convert M2 money into cash as easily. The total stock of M2 was $21.22 trillion in September.

M3: It includes all the elements of M2, plus institutional money market funds and large time deposits. As compared to M1 and M2, M3 assets have the lowest liquidity. The Fed no longer calculates M3.

After covering different types of money and how much is circulating and held in the U.S., here’s a look at the important question: “How much money is there in the world?”

How Much Money Is in the World?

The total amount of money in the world can be measured and expressed in many different ways, so it’s difficult to give a specific answer.

Money Supply

If you’re curious about the total value of notes and coins in circulation, the Bank for International Settlements estimated it to be $8,275,000,000,000, or $8.28 trillion U.S. dollars, across 20 major countries plus the euro area in 2021, its most recent estimate. Of course, there are nearly 200 countries in the world, so this is just a rough estimate of the most narrowly defined — and perhaps easiest to quantify — category of money.

The global M1 supply, which includes all the money in circulation plus travelers checks and demand deposits like checking and savings accounts, was $48.9 trillion as of Nov. 28, 2022, according to Visual Capitalist. That publication estimated the total value of the M2 supply to be $82.6 trillion.

Money is also present in the form of investments and derivatives. The total global market capitalization of the world’s roughly 80 major stock exchanges is $110.2 trillion according to Visual Capitalist. The total market cap of cryptocurrency, as reported by CoinMarketCap, adds another $2.5 trillion to that figure.

All combined, the M2 money supply, stock exchange capitalization and cryptocurrency total $195.3 trillion.

Gross Domestic Product

Another way to view global wealth is by gross domestic product, which is the total value of all the goods and services produced and purchased within a given country over the course of a year or other time period.

While GDP measures a nation’s production and tracks its economy’s growth or contraction, the International Monetary Fund notes that GDP has a number of shortcomings, including its failure to measure residents’ standards of living and well-being. One reason is the disparity in GDP distribution — a country’s residents don’t benefit equally from GDP growth.

Human Development Index

The Human Development Index adds context to the GDP and money supply by measuring countries’ longevity and education as well as their income. According to the United Nations Development Programme, the HDI acknowledges that longevity and education are as important to a country’s development as its economic factors.

Where the economic factor is concerned, the HDI measures gross national income instead of GDP because GNI represents what residents earn rather than the value of what they produce.

In 2023, the global gross national income totaled $105.7 trillion, according to the World Bank Group. But just as GDP fails to reflect disparities in the benefits of production, GNI doesn’t reflect income inequality, which is why it’s important to view the figures in the context of the other factors.

How Much Money Is There per Person in the World?

Estimates of how much money there is per person in the world vary widely because of the several different ways to measure it.

Using the Federal Reserve’s $2.3 trillion M0 currency figure and a current world population of 8.17 billion, per Worldometer, there’s about $282 per person in the world, on average. Using the M1 figure, the amount is $2,221. Using the M2 figure, the amount per person is $2,597.

However, not all estimates include every country or every person, and the figures vary widely based on whether they represent average or median wealth.

For example, UBS Wealth Management publishes an annual Global Wealth Report. The 2023 report, which is the most recent containing a global net private wealth estimate, put the average figure at $84,718, but it only counted adults, and it only used figures for the 60 countries with the highest total wealth.

In a report on that data, Visual Capitalist also provided the median amount per adult — $8,654.

As with GDP and GNI, global estimates don’t reflect the enormous disparities in wealth from one country to the next, or from one individual to the next within a given country.

Good To Know

The world’s top 10 billionaires from the Forbes Real-Time Billionaires List have a total net wealth of $1.81 trillion as of Nov. 8.

Future of Money: Is Cash Going to Be Replaced?

With countries striving hard to stabilize their economies, the total amount of money in circulation is expected to increase continuously.

Currently, more people are being drawn towards using virtual or digital currencies. This is why the use of physical money is gradually decreasing with the increased popularity of digital transactions. 

China, Japan and Sweden are in various stages of developing central bank digital currency, according to The New York Times. The Bank of England and the European Central Bank are also exploring CBDCs. The Bahamas has already launched the world’s first official digital currency.

Final Take

There is nearly $21.22 trillion in the total global money supply (M2), $18.15 trillion of which is M1. Even if digital currencies render physical money obsolete, the kinds of currencies central banks are considering would still be quantifiable — just as you can quantify your bank balance or the value of your investment portfolio despite the absence of physical money in those accounts.

FAQ

Here are more answers to questions about money and currency in the world today.

 Which currency is the most valuable in the world?

The most valuable currency in the world is the Kuwaiti Dinar (KWD). One U.S. dollar equals 0.31 KWD.

What's the total value of cryptocurrencies?

The current market capitalization of cryptocurrency is $2.5 trillion, as of Nov. 8, 2024.

What is the world's total wealth?

According to the UBS "Global Wealth Report 2023," total net private wealth stood at $454.4 trillion at the end of 2022.

How many U.S. dollars are in circulation?

As of September 2024, the total amount of U.S. dollars in circulation, referred to as the monetary base (M0), was $2.3 trillion. This includes all physical currency like notes and coins, as well as money held in reserves by banks.

TO VIEW CHARTS LINK

https://www.gobankingrates.com/money/economy/how-much-money-is-in-the-world/?hyperlink_type=manual  

Seeds of Wisdom RV and Economic Updates Wednesday Morning 1-8-25

Good Morning Dinar Recaps,

BRICS TO KEEP DITCHING THE US DOLLAR IN 2025: ALLIANCE CONFIRMS

On the heels of immense threats from the West and geopolitical concerns brewing, the BRICS economic alliance appears to remain steadfast in its commitment to ditching the US dollar in 2025. Indeed, the collective has seemingly confirmed the matter, as recent discussion pointed to their belief in de-dollarization as a certain necessity.

US President-elect Donald Trump has been outspoken in his defense of the greenback. Throughout this campaign for reelection, he continually reiterated the importance of keeping the dollar as the world’s currency. After his victory, he issued a warning to BRICS specifically, threatening 100% tariffs on the bloc seeking to create their own dollar alternative.

BRICS to Keep Ditching the US Dollar Despite Trump Threats And There’s One Key Reason Why

The last year has seen the BRICS economic alliance continue their notable ascent. Once just a five-nation collective, the group phase doubled in size with its most recent expansion. Moreover, it has big plans for the global economic market that have seen the West take an undeniably favorable stance.

Although Trump has warned of impending repercussions, the BRICS bloc has reiterated that they are likely to keep ditching the US dollar in 2025 through a recent confirmation. Indeed, the group discussed the reality that de-dollarization is a necessity so long as the United States continues doing one thing.

In a recent statement, former International Monetary Fund director and Brazilian economist Paulo Nogueira Batista Jr. discussed the fact that sanctions are driving the bloc’s actions. Batista spoke to Russian President Vladimir Putin directly and relayed the foundation of its financial actions as an alliance.

“We are not against the dollar. It is the dollar that is against us,” he said in a recent interview. “Cahellengin the dollar and the US economy would not be possible, and in any case, it’s not our objective. The BRICS will serve to make us immune to sanction.”

So long as the United States continues sanctioning nations like Russia and Iran, the BRICS bloc is unlikely to shift on its de-dollarization approaches. However, that has not stopped dissension within the group from forming.

India has recently spoken about its desire to work with the incoming Trump regime. Moreover, the president-elect stated that he has been in direct contact with China. Specifically, hinting at the country taking a similarly collaborative approach.

@ Newshounds News™

Source:  Watchwe Guru

~~~~~~~~~

RIPPLE CEO MEETS DONALD TRUMP: A MAJOR ANNOUNCEMENT LOOMING FOR XRP?

Ripple CEO Brad Garlinghouse has confirmed a significant meeting with President Elect Donald Trump, held at Trump’s Mar-a-Lago resort Jan 7, 2025. Accompanied by Ripple’s Chief Legal Officer Stuart Alderoty, the dinner highlights Ripple’s expanding influence amidst the changing regulatory environment in the US, sparking optimism for the crypto market in 2025.

With plans to slay 2025 with IPO and stablecoin Ripple is all set to acquire its lost territory. This closed-door meeting could be much more than just what we can imagine. Are we expecting an XRP ETF too?

Ripple’s Dinner Date with Trump, What’s Cooking?

On the social media platform X, Garlinghouse shared his excitement about the meeting, describing it as a “great start to 2025.” 

Alderoty also commented on the event with a lighthearted remark about the menu, but the dinner carries weighty implications. It comes as Ripple celebrates recent court victories against the U.S. SEC, solidifying its position as a leader in the crypto space.

The meeting hints that Ripple can get through the legal battle with SEC and this meeting is very crucial since Ripple and the wider industry are manifesting for a dismissal of Ripple vs SEC setting a crypto milestone.

Ripple is not losing ground

Ripple’s groundbreaking legal victory against the SEC, which had accused the company of selling unregistered securities via XRP, continues to shape its future. 

Attorney John E. Deaton, a pro-XRP advocate, noted that Ripple’s transparency throughout the case underscored the SEC’s aggressive litigation tactics. Despite these challenges, Ripple emerged stronger, opening doors for further advancements in the cryptocurrency sector.

Amid this legal progress, analysts are optimistic about XRP’s potential. Some forecasts predict the token could surge to $3, driven by increasing adoption and confidence in Ripple’s solutions. XRP currently trades at $2.44, with a 14% rise over the past week, signaling strong market momentum.

Expanding U.S. Operations

Ripple is also shifting focus back to the U.S. market, with 75% of its new positions now based domestically. The company secured more U.S. business contracts in late 2024 than in the previous six months combined, signaling robust growth. At the same time, political discussions, including those between Senator Cynthia Lummis and SEC chairman candidate Paul Atkins, emphasize the importance of regulatory reform to foster digital asset innovation.

Ripple is currently holding its market position with new product launches, such as the RLUSD stablecoin, which is set to expand across multiple platforms. The company has also partnered with Chainlink to integrate secure pricing into the DeFi ecosystem, further boosting its valuation.

As Ripple enters 2025, this epic meeting with Trump symbolizes a transformative year ahead, both for the company and the broader crypto space. With legal wins, product innovation, and strategic collaborations, Ripple is poised to lead the blockchain industry.

@ Newshounds News™

Source:  Coinpedia

Read more:  Twitter

~~~~~~~~~

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News, Rumors and Opinions Wednesday AM 1-8-2025

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 Wed. 8 Jan. 2025

Compiled Wed. 8 Jan. 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Mon. 6 Jan. 2025 TNT Call: Tony said he is 99.9% sure the RV will happen within two days. There is a meeting going on right now discussing when to release the authorization codes. Tony was told that Tuesday or Wednesday the RV will start for us. The RV should be on Forex this Friday for the general public.

Tues. 7 Jan. 2025 Bruce: “By tomorrow morning Wed. 8 Jan. 2025 every bank and Redemption Center should  be connected on the StarLink Satellite System for the first time. Tier4b (Us, the Internet Group) notifications could come on Wed. 8 Jan. or Thurs. 9 Jan, with appointments beginning on Thurs. 9 Jan. according to sources. The R&R, Social Security increases and NESARA funds were supposed to begin this month.”

Tues. 7 Jan. 2025: BREAKING: Epic Boom! The National Quantum Initiative, XRP, NESARA GESARA, and QFS 3.0! [MUST WATCH] – amg-news.com – American Media Group

Wed. 1 Jan. 2025: Iraq’s foreign minister was in DC to settle with the new US Treasury using the new Dinar Rate. The US, having been paid in full, lifted the remaining sanctions on the Iraqi Banks. … Frank26 and WalkingStick

Mon. 6 Jan. 2025: The Quantum Financial System (QFS) (allegedly) activated Worldwide – (meaning the new gold-backed US Treasury Note replaced the fiat Federal Reserve Dollar). US Treasury(allegedly)  sent out schedule for immediate payout of Bonds. “This secure, transparent and decentralized system will (allegedly) replace the old banking structure, ensuring fairness and equality for all.” With the new Iraqi Dinar Rate stabilized, the CBI has s(allegedly) topped their auctions on the fiat US Dollar:Iraqi Dinar Iraqi Dinar Rate Stability and RV Done Now Iraqi Dinar Latest News Iraqi Dinar Today …Nesara/Gesara on Telegram 5 Dec. 2024

On Tues. 7 Jan. 2025 “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. They already adjusted the payroll and (allegedly) started paying salaries at the new rate on Sun. 5 Jan. 2025.” Majeedsaid. https://x.com/majeed66224499/status/1875532508734832660?s=57  https://x.com/majeed66224499/status/1875532508734832660?s=46&t=Ich7hg6RGbObSjhen7byaw

~~~~~~~~~~~

Possible Timing:

Fri. 17 Jan. Banks Zero out personal debt: Banks to begin zeroing out mortgage, credit cards and other forms of personal debt starting Fri. 17 Jan. 2025 with the national debt already taken care of by switching to the QFS, all other debt would begin to be fully paid off by the end of Jan 2025. …Gesara DurPreusse on Twitter Sun. 12 Jan. 2025.

On Sat. 25 Jan. 2025 the first phase of the Worldwide Wealth Redistribution to the general public will officially commence, directly benefiting millions and marking the start of real community rebuilding efforts.

End of March 2025: The outdated US Fiat Dollar will cease to exist, replaced by a new standard rooted in transparency and equity.

~~~~~~~~~~~~~

Global Financial Crisis:

Tues. 7 Jan. 2025: BREAKING: GET YOUR POPCORN! THE FINANCIAL MELTDOWN YOU’VE BEEN WAITING FOR! THE ELITES ARE FALLING! THE EXECUTIVE ORDERS THAT CHANGED THE GAME! [VIDEO] – amg-news.com – American Media Group

Read full post here:  https://dinarchronicles.com/2025/01/08/restored-republic-via-a-gcr-update-as-of-january-8-2025/

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

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

Mnt Goat   ...let’s revisit this...Oil and Gas law...Remember that this is a constitutional requirement...We have been told many times in articles that this “referendum” must be written and passed as part of the “Stability” for Iraq.  Article:  "A GUARANTOR OF ZEROING OUT CRISES...PARLIAMENTARY DEMANDS TO LEGISLATE THE OIL AND GAS LAW”.  In the article the Kurdistan National Union parliamentary bloc called on the federal government, on Tuesday, “to expedite and send the oil and gas law to the House of Representatives for study and approval as quickly as possible.”  Why the urgency?  WOW, WOW, WOW!

Frank26  [Sacramento California Chase bank story]   A: [The wealth manager] before he even sits down, the first thing he said, you're right.  Right now we don't exchange [Iraqi dinar] but 'when it goes live' we can help you right over there and he pointed to the tellers.  I said do you guys verify on site?  He said yep, when it goes live you can just go stand in line right there, they'll run it through the machine and...then it will be right in your account...no hesitation...It was almost like he was saying, we're waiting for it to go live too, is how I took it...  FRANK:  Nobody knows when, but they all have been put on alert.  That's why the mantra, it's a scam is no longer to be found anywhere.  It has become extinct because they are preparing to deal with this.

Global Currencies Are CRASHING: Major US Banks Warn $3,000 Gold In 2025 - What This Means

Sean Foo:  1-7-2024

2025 is starting the year with a continued currency crisis. As the US dollar rises further, global currencies including the Euro and RMB are tumbling.

Meanwhile, major US banks including JP Morgan, Bank of America and Goldman have declared gold to reach over $3,000 dollars. Here's what you must know.

Timestamps & Chapters:

0:00 Global Currency Crisis Gets Worse

2:43 Why The Dollar Could Soar HIGHER

5:59 US Trade War To Crush Currencies

8:34 Big Win For Gold?

10:00 US Banks Declares Record Gold Price

 12:37 Biggest Threat To The U.S.

https://www.youtube.com/watch?v=FSMFsdpRHC8

“Tidbits From TNT” Wednesday Morning 1-8-2025

TNT:

Tishwash:  Article 12 obstructs budget schedules and Parliament is unaware of the size of expenditures and deficit

 Member of the Parliamentary Finance Committee, Jamal Kojer, expected on Tuesday that the budget tables would be sent in February, while he pointed out the possibility of delaying its passage due to disagreements over Article 12.

Kocher said in a statement to Shafaq News, "The Iraqi law requires the Council of Ministers to send the state's general budget to the House of Representatives in the ninth or tenth month of each year, but this has not happened in the past years."

Koger expected that the budget tables for the year 2025 would be sent to the Council at the beginning of next February, but the disagreements over Article 12 of the budget law may delay sending the tables from the government to Parliament.

Koger added that "the House of Representatives and members of the Parliamentary Finance Committee do not have any knowledge of the details of the budget schedules for the year 2025," noting that they do not "know the size of the budget in terms of operating and investment expenses and the deficit rate so far."

Article 12 of the draft budget law includes compensation for the Kurdistan Regional Government for the costs of production and transportation of oil extraction in the region.

It is noteworthy that the representative of the Kurdistan Democratic Party bloc, Jiay Timur, confirmed earlier to Shafaq News Agency, that "the Iraqi government previously calculated in the budget law the cost of extracting oil at $6, and this is a very small number," noting that "foreign companies that work on extracting oil at a cost of up to $26 per barrel."

In June 2023, the Iraqi Parliament voted on the draft general budget law for the fiscal years (2023, 2024, 2025).  link

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

Tishwash:  Iraq and America discuss the existing partnership between the two countries and enhancing cooperation

Today, Tuesday, the Speaker of the Iraqi Parliament, Mahmoud Al-Mashhadani, discussed with the Chargé d'Affairs of the US Embassy in Baghdad, Ms. Elizabeth Trudeau, in the presence of the Director of the Political Section at the Embassy, ​​Ms. Michelle Siders, the general situation in Iraq, and ways to enhance cooperation and existing partnership between the two countries. 

The media office of the Speaker of the House of Representatives stated in a statement received by "Kalima News": "During the meeting, the general situation in Iraq was discussed, and ways to enhance cooperation and existing partnership between the two countries, with emphasis on the United States' support for Iraq in various fields, in a way that enhances stability and development."

According to the statement, the meeting also discussed "a number of topics of common interest, including developments in the regional situation and their effects on the Iraqi arena." 

Dr. Al-Mashhadani stressed the importance of strengthening relations between Iraq and the United States within the framework of common interests, stressing the need to continue dialogue and cooperation to support Iraq's stability and continue efforts to confront political and economic challenges. link

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Tishwash:  Iraqi economy enters "dark tunnel" and MPs are concerned about the delay in sending budget tables

Warnings are increasing that Iraq will face major economic difficulties during the current year and the coming years, for reasons most notably its reliance on oil as the sole source of the financial budget and the lack of alternatives, especially with the increase in population. 

Experts confirm that the failure to diversify the country's sources of income and invest oil revenues in providing job opportunities and producing goods and services threatens to spread unemployment among young people, while fluctuating oil prices threatens the country's economic and financial stability. 

In this regard, economic expert Nabil Al-Marsoumi warned today, Monday, of Iraq entering a dark and critical economic tunnel due to wrong policies, which affects the vulnerable and middle-income classes.  

Al-Marsoumi said in an interview with Al-Maalouma Agency, “Iraq has begun to enter a dark and critical tunnel due to wrong economic policies, failure to provide job opportunities, and resorting to appointments, and here lies the dilemma,” indicating that "When the state is late in paying salaries, the general economic movement and all components of the private sector and the fragile and middle classes will be affected."  

He added, "There is a lack of economic development and a development vision, and therefore things will continue as they are, and whenever oil prices decline, Iraq will find itself in the midst of great difficulties." He explained that "the increase in population requires raising public spending, while revenues are stagnant as a result of relying on oil as the sole resource for the budget and the failure to use its revenues to build a diversified economy that produces goods and services."  

He points out that "there is no short-term solution and the government may resort to deducting a percentage of the Central Bank's transfers and borrowing from domestic banks, and the real solution lies in providing new financial sources other than oil," noting that " Continuing things as they are now will lead to a major problem and unemployment among young people will increase in the coming years.” 

The 2025 budget has not yet been approved, while MPs confirm that the budget schedules have not been sent to the House of Representatives. 

MP Ahmed Al-Sharmani expressed his concern today, Monday, regarding the delay in sending the 2025 budget tables by the government to the House of Representatives, noting that the parliament is still not aware of the details of these tables until now.  

Al-Sharmani explained in a statement to / Al-Maalouma / agency, that “according to the Financial Management Law, the budget tables must be sent to the House of Representatives at the end of October of each year, and that delaying this is a legal violation, especially since this delay has been repeated annually for years,” explaining that “the current delay is another legal violation, as there is no specific date for sending the budget tables.” 

He points out that "there is a possibility that the government is linking the sending of these tables to amending the law proposed in Parliament, which will lead to an additional long delay in light of the ongoing disagreements over the proposal." 

He explained that “the House of Representatives is still not aware of the 2025 budget schedules yet, and there is no specific date for sending these schedules.” 

In contrast, the Prime Minister's financial advisor, Mazhar Muhammad Salih, confirms that the growth rates of the non-oil GDP will rise to an unprecedented level during 2024, while pointing out that the government program has succeeded in controlling financial diversification in the general budget and the national economy in general.  link

Mot: WHAT!!!! -- Ur Kidding!!!!

Mot: .. We Had No Idea