Some “Iraq News” Posted by Clare at KTFA 1-15-2025

KTFA

Clare: 21 Arab and foreign countries and 600 companies at Baghdad International Fair

1/14/2025 

The activities of the Baghdad International Fair in its (48) session will start on the first of next February, with the active participation of 21 Arab and foreign countries and 600 companies with different specializations.

The Director General of the Ministry’s Exhibitions and Commercial Services Company, Dr. Mustafa Nizar Jumaa Al-Ani, said in an interview with “Al-Sabah” followed by “Al-Eqtisad News” that the exhibition will continue for seven days, and will be held under the slogan (Investment, Development, Prosperity).

He pointed out that the Ministry prepared early to hold the exhibition in its (48) session, as 21 Arab and foreign countries will participate in it, in addition to 600 local and international companies, indicating that the Ministry is still receiving requests to participate in this version, which is being continuously monitored by the Minister of Commerce.

He explained that the exhibition will include the two largest pavilions for the Kingdom of Saudi Arabia and Oman, as well as the golden sponsor of the exhibition, represented by the State of Qatar, in addition to preparing two large halls dedicated to national industries that witnessed a remarkable turnout by visitors during the past year.  

Al-Ani pointed out that the ministry provides support to national industries through the Export Fund, and urges local companies to develop exports and establish advanced factories that can meet local needs, especially after the government issued several decisions to support the national product by preventing the import of many materials provided by the industrial sector. 

He added that the exhibition will also witness the participation of government institutions, unions and private sector organizations, with an ambition to attract a large number of companies in the current session, in an effort to conclude contracts between the private and international sectors.

He added that the exhibition is an important economic gateway and a social oasis that attracts the public, in light of the major economic changes that the country is witnessing as part of the government program.

Al-Ani stated that the aim of holding the exhibition is to enhance cooperation between local and international companies and provide investment opportunities. It also represents a platform for communication between foreign companies and investors to exchange experiences and learn about the latest technologies in all sectors, stressing that all participating companies will display their production and will have a share in the Iraqi market and contribute to all governorates.  LINK

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Clare: Parliament postpones its session due to political blocs boycotting the sessions

1/15/2025

The House of Representatives failed, on Wednesday, once again to hold its regular session due to the boycott of most political blocs of the sessions .

A parliamentary source told Shafaq News Agency, "Parliament postponed its session due to the lack of a legal quorum due to the boycott of some political blocs and their failure to enter the council hall, despite the session bell ringing."

Recently, political circles in Iraq have witnessed a sharp escalation in disputes over a number of vital laws that are stalled within the parliament, most notably the general amnesty law, the retirement law, and others, which has led to the stumbling of many parliamentary sessions .

Yesterday, Tuesday, the media department of the Iraqi Council of Representatives published the agenda of the Council’s session that was scheduled for today .

According to the session agenda that was received by Shafaq News Agency, it included voting and reading several draft laws, most notably the Intelligence Service Law, and reading the proposed law amending the Retirement Law .  LINK

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Clare: Al-Sudani: The volume of Arab and foreign investment in Iraq reached 63 billion dollars

1/15/2025

Iraqi Prime Minister Mohammed Shia al-Sudani confirmed on Wednesday that Iraq is open to various investment and development activities, noting that the volume of Arab and foreign investments in Iraq over two years reached $63 billion.

This came during his reception, on Tuesday evening, of representatives of 24 major British companies in various sectors and activities, in addition to a number of businessmen, in the presence of British government officials, on the sidelines of his official visit to the British capital, London.

At the beginning of the meeting, the Prime Minister welcomed the work of British companies in Iraq, stressing that the investment environment and business space have become open and attractive to various types of investment and development activities.

He pointed out that the meetings and agreements signed with the British side need to be translated into actions and steps, and that the most important part now falls on the companies.

He continued: "We have carried out real reforms in Iraq, and we have put in place real support facilities and procedures for the private sector. We have also implemented reforms in the tax and customs reality, company registration, and all approvals related to investment opportunities."

Al-Sudani added, saying: “For the first time, we provided sovereign guarantees to the private sector to implement projects, and today we signed with (UKEF) what is related to this step.”

He pointed out that "the government's steps aim to create a national industrial base, and the presence of British companies with the private sector will create real opportunities," adding: "Iraq has a three-year budget (2023-2024-2025), and has allocated $100 billion for the investment budget for ministries and governorates."

Al-Sudani pointed out the existence of "associated gas projects in most fields, and opportunities in the petrochemical industry," adding: "We have a fixed platform project for importing gas funded by the government, and there is a project for liquefied gas export platforms."  LINK

Clare:  During a meeting in London BAE Systems offers to open weapons production line in Iraq, Sudani welcomes

1/15/2025

Prime Minister Mohammed Shia al-Sudani welcomed today, Wednesday, the offer submitted by BAE Systems to open weapons production lines in cooperation with the Military Industrialization Authority in Iraq, during his meeting with the company’s delegation at his residence in London.

Prime Minister Mohammed Shia Al-Sudani received today, Wednesday, at his residence in London, a delegation from BAE Systems, headed by the company's CEO, Mr. Charles Woodburn.

The meeting reviewed the nature of the company's work, which specializes in various types of military industries, in addition to its production of cybersecurity technologies and electronic systems, especially since the government is interested in arming the security forces with the latest weapons, from various sources.

During the meeting, possible aspects of cooperation with Iraq were discussed. His Excellency welcomed the offer made by the company’s CEO to open weapons production lines in cooperation with the Military Industrialization Authority in Iraq, as well as to provide services in the field of cybersecurity, especially since the Authority’s law helps establish partnerships with specialized foreign companies and expand technological cooperation with them. LINK

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Clare: Al-Sudani: I will present the British agreement to the Iraqi parliament

1/15/2025

Prime Minister Mohammed Shia al-Sudani confirmed, on Wednesday, during his meeting with a press delegation, his intention to present the British agreement to the Iraqi parliament upon his return to Baghdad .

The Prime Minister's Office stated in a statement received by Shafaq News Agency that "Al-Sudani received at his residence in the capital, London, a group of senior editors-in-chief of Arab newspapers, opinion writers, and Arab and foreign journalists."

Al-Sudani spoke, according to the statement, about "his official visit to the United Kingdom and his meetings with King Charles III and British Prime Minister Keir Starmer, and the importance and size of the security, economic and development agreements concluded during the visit," stressing that "the bilateral agreement will be presented to the House of Representatives for the purpose of ratification."

Al-Sudani pointed out, "The state of stability and prosperity that Iraq is experiencing despite the political fluctuations witnessed in the region, and the government's success in keeping Iraq out of regional conflicts, while adhering to the principled position regarding the aggression on Gaza and Lebanon."

He pointed out his political vision for the internal Iraqi situation, and his steps to maintain security and stability in Iraq and the region, stressing "Iraq's standing with the Syrian people in facing crises and challenges."

Al-Sudani also touched, according to the statement, on "the government's steps in the field of economic integration," noting "proceeding with electrical interconnection with neighboring countries, and establishing related stations, in addition to cooperation in the fields of real estate development, and building new cities, within a development renaissance planned by the government program and included strategic projects, and creating a transition in the infrastructure on which sustainable development depends."

In his speech, the Prime Minister pointed out "the signing of the contract between Iraq and British Petroleum, which is the largest in the region," stressing "Iraq's move to develop its oil industry, expand the production and export of oil derivatives, invest in Kirkuk fields, and reach full investment in associated gas."  LINK

“Coffee With MarkZ” Wednesday Morning Chat 1-15-2025

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 Wednesday morning Mark and all .

Member: Any RV news…….or are we waiting for next week?

Member: I think the train is pulling into the Station….get ready to reach our destination

Member: Another guru said dinar is showing at $4.19 on forex…Is this true?

MZ: For moments it popped to that and boy did I have a lot of excited folks. It wasn’t there this morning so I believe they are testing. There are many who think that may be the international or “Street Rate”

Member: Supposedly the bank screens are set. Just waiting for it to show up- official.

Member: 4.91 Monday TNT Tony

Member: They are playing with the rates just to keep us in anticipation!! LOL

Member: Maybe they are playing with the rates just to see who was watching them in the middle of the night?

Member: I believe the PTB don’t want the current admin to take credit for the RV

Member: ​​I think it's more about protecting the RV rather than .taking credit for it.

Member: IMO-Mr. C has always said the RV and Nesara would go at the same time therefore until Trump releases the goldback dollar ...we wait

Member: I heard that they had to wait due to errors trying to run Swift with QFS. Both running at once were not working together. Idk

Member: Heard a rumor that we need a trust to get the contract rate?

Member: Sure are a lot of crazy rumors right now.

MZ: Every single one of my banking contacts say that is BS. They believe you may need one for your humanitarian projects….when it gets full funding….but I am not a financial advisor. I assume the people selling those rumors are also selling trusts.

Member: any bond news?

MZ: No new historic bond updates…Most are waiting for the 16th through the 22nd as of yesterday. Most are looking at the 21st and 22nd now.

Member: my friend works @ fidelity she believes the market is going to crash but she's told to tell her clients to not pull out. evil.

MZ: In Iraq:  “In numbers- quantities of oil expected from the region despite the suspension of exports . no one knows where the revenues go” They are talking about the oil that disappears from the Erbil region daily. About 300,000 barrels goes missing to the black market and is lining somebodies pockets. This is big money…theft of millions a dollars every day.

MZ: “Iraqi delegation signs memorandum of understanding in London”  this again makes Iraq going “International”

Member: Have they done a third reading of the budget law in Iraq yet?

MZ: I have not found that in the news. My sources expect it on Wed or Thurs….Today is Wed.

Member: Thanks for all you do Mark. Mark how do you stay so positive? you're like a super optimist, and it's refreshing

Member: Everyone have a wonderful Wednesday. See you tonight.

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

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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.

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

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Iraq Economic News and Points to Ponder Late Tuesday Evening 1-14-25

From Challenges, Iraqis Create Opportunities

Samir Al-Nusairi   These days, some media outlets and social networking sites have  been active saying that Iraq is suffering from a financial crisis and a large deficit in securing salaries for employees, retirees, and social care.
 
What is strange is that some representatives support this and others deny it, and that the
 
two representatives are in one committee called the Parliamentary Finance Committee, while the
government, especially the Ministry of Finance, confirmed that salaries Fully insured.

So, it is clear that political tensions, conflicts of interest, and the lack of a sound and accurate economic vision make the people look ambiguously at what some media figures, non-specialized analysts, and some parliamentarians are saying, which confuses the government’s plans to implement its governmental approach, especially with regard to economic, financial, and banking reform.
 
Based on our closeness to the daily follow-up of the reality and possibilities of our national economy, the Central Bank’s procedures to implement its plan for the year 2025, and the daily and joint cooperation and coordination with the Ministry of Finance,
 
we can reassure citizens, transparently and with high accuracy, that the indicators and data revealed by the Central Bank, the Ministry of Finance, the Ministry of Planning, the World Bank, and the International Monetary Fund for the year 2024 indicate that The
 
reform of the Iraqi economy is proceeding according to what was planned in the field of
 
     monetary policy,
     financial policy,
     investment,
     sustainable development,
     services, the
     shift from the cash economy to the digital economy, and
 
work is escalating in the field of
 
     activation and
     diversification.
     Sources of national income and the
     revolutionization of economic sectors other than oil.
 
As business results in 2024 indicated that the inflation rate in Iraq  
     is the lowest among most Arab, regional and neighboring countries and
     does not exceed 3.7%, and that the

     Central Bank’s foreign cash and gold reserves are the highest in years, and that the  
     liquidity in local currency at the Central Bank currently covers to meet the Ministry of Finance’s need for the specified operational allocations.

In the general general budget of the state, the
 
important thing is the continuation of daily revenues of Iraqi oil at the established export rates. So, the
 
Iraqi economy is moving from fragility to recovery, and this also confirms that
 
Iraqis create opportunities from challenges.   https://economy-news.net/content.php?id=51931 

Al-Mashhadani: Iraq Enjoys Stability, Is On The Verge Of Economic Prosperity, And Has Returned To Its Influential Role In The Region

Monday 13 January 2025 | Politics Number of readings: 1553  Baghdad / NINA / Speaker of the Council of Representatives Mahmoud Al-Mashhadani stressed that Iraq enjoys stability and is on the verge of economic prosperity and has returned to its influential role in the region.

Al-Mashhadani said in a televised interview with Al-Iraqiya channel that there are important laws that need to be voted on, most of which are not controversial, including (personal status and general amnesty).

He added that there is a mechanism within the draft amnesty law that includes the exit of innocents only, and the exit process is conditional and subject to a series of procedures. Indicating that the personal status law is only waiting for the subject of the code to proceed with voting on it, and this code is related to the Shiite component.

He pointed out that the Sunni component does not need a code and they have no problem with proceeding with Law No. 188,and explained that there is an agreement to change the retirement law and return it to 63 years.

Al-Mashhadani said that the Popular Mobilization Forces retirement law is one of the important laws and we are waiting for its return from the government, and the disagreement over it is political and related to the retirement age.

He added that no law related to the election law has reached parliament and there are different opinions about amending the election law, including granting 10 percent to independents, and there are other opinions, including making Iraq a single district, and others want the governorate to be a single district, while there are more than one district for governorates with a large population.

He explained that talking about the election law is premature and is still in the presidency

Al-Mashhadani described the approval of the general amnesty law as a fortification of the internal house.

Al-Mashhadani pointed out that coordination between the countries of the region is required regarding Syria to prevent chaos, stressing the need for communication with the new Syrian leadership through the government.

He said that we fear an Islamic spring due to abandoning Gaza and not stopping the killing there, indicating that there is a wound in Gaza that will not heal except by punishing the negligent rulers

He added that the Zionist entity is leading Gaza into a war of extermination. https://ninanews.com/Website/News/Details?Key=1179901

Economist Describes The Establishment Of The First Rafidain Bank As An Excellent Step

Banks   Economy News – Baghdad   Economic expert, Mustafa Akram Hantoush, described the establishment of the first Rafidain Bank as an “excellent step.”

Yesterday, Monday, the Council of Ministers decided to establish the First Rafidain Bank with a capital of one trillion dinars and a government participation rate of 24%.

Hantoush told Al-Eqtisad News, "Establishing the First Rafidain Bank is an excellent step, especially since it will be a mixed sector company."

He added that the new bank will help the state enhance its payment and electronic transaction capabilities, in addition to assisting the Trade Bank of Iraq in transfers and credits. - https://economy-news.net/content.php?id=51928

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

Seeds of Wisdom RV and Economic Updates Wednesday Morning 1-15-25

Good Morning Dinar Recaps,

BRICS NEWS: INDONESIA WANTS RUSSIAN OIL DEAL, IS UNAFRAID OF TRUMP WARNING

With the ongoing geopolitical concerns waging between the global south and the west, the plot has certainly thickened. Indeed, the BRICS expansion nation, Indonesia, has recently stated it wants to buy Russian oil while stating it remains unafraid of Western retaliation or the ongoing tariff warning from US President-elect Donald Trump.

Since Trump emerged victorious in the 2024 presidential election, he has issued a stark threat to the economic alliance specifically. Although focused on de-dollarization, oil bought from Russia would only further its local currency promotion policies. Therefore, it could be subject to the same consequence from the West. The question is, does it matter to nations now joining the group?

Indonesia Eyes Increased BRICS Trade as They Remain Willing to Pay ‘Geopolitical Costs’

For the last two years, the BRICS alliance has been the subject of interest for a number of nations. With the bloc championing economic equality on a global scale, it has sought to challenge the dollar. Now, that pursuit has elicited a harrowing response from the incoming US President. Yet, that has not deterred one of its most recent expansion countries.

The newest BRICS country, Indonesia, is reportedly seeking to buy Russian oil, while also noting they remain undeterred by Trump’s 100% tariff threat. Moreover, they have discussed increased exports to both China and India, with eyes on solidifying its place in the collective.

Indonesia’s Minister of Energy and Mineral Resources, Bahlil Lahadalia, recently said, “An opportunity to acquire oil from Russia emerged after we joined BRICS.” He noted that the opportunity would be one they accept.

“As long as it complies with regulations and presents no issues, why not?” Minster Lahadalia added. His sentiments were similar to Indonesia’s National Economic Council Chair, Luhut Binsar Pandjaitan.

“As long as it benefits the Republic of Indonesia, we are open to discussing it. If this step allows us to purchase oil at US$20 or US$22 cheaper, why not?” he added. This drove some concerns over Western retaliation. Yet Trade Minister Zulkifil Hasan answered those, noting that the country would not operate its trade dealings out of fear.

“Why don’t we want to [buy Russian oil]? We’re afraid? There’s no room for being afraid in trade. How can one conduct trade if one is afraid?” However, international relations and Indonesian politics expert, Ahmad Risky Umar, notes that “there is likely to be geopolitical costs.” Moreover, the country president, Pabowo Subianto, is said to be aware of and prepared to navigate them.

@ Newshounds News™

Source:  Watcher Guru

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ELON MUSK FIRES BACK AT ‘BROKEN’ SEC AMID $150M X LAWSUIT

▪️SEC sued Elon Musk for delaying disclosure of his X share acquisitions in 2022.

▪️Musk criticized the SEC as the community backed him.

The U.S. Securities and Exchange Commission (SEC) has sued Elon Musk. They accuse him of failing to disclose his large Twitter share acquisition on time in early 2022.

The SEC alleges this delay allowed Musk to secure his stake at an artificially reduced price, saving $150 million.

The late disclosure also affected other investors. They missed the chance to sell their shares at potentially higher values, unaware of Musk’s involvement.

Why did the SEC sue Musk?

Under SEC rules, investors surpassing a 5% stake in a public company must report it within ten days—a requirement Musk allegedly exceeded by eleven days.

The SEC alleged stating,

“Because Musk failed to timely disclose his beneficial ownership, he was able to make these purchases from the unsuspecting public at artificially low prices.”

The SEC also added,

“That day, Twitter’s stock price increased more than 27% over its previous day’s closing price.”

For context, the SEC alleges that Tesla CEO Elon Musk began acquiring Twitter shares in early 2022. By March 14th, he had surpassed a 5% ownership threshold.

Between the 24th of March and the 4th of April 2022, Musk reportedly spent over $500 million to buy additional shares, underpaying Twitter investors by more than $150 million.

The regulator claims that Musk’s failure to disclose his ownership on time allowed him to buy shares at artificially low prices. The market was unaware of his significant stake, a material fact that would have influenced stock valuations.

This occurred days before Gensler’s resignation

Interestingly, the timing of the SEC’s lawsuit coincides with significant leadership transitions, as Chair Gary Gensler prepares to step down on 20th January, marking the start of Donald Trump’s presidency.

This period also aligns with Musk’s upcoming role as the head of the newly established “Department of Government Efficiency” (D.O.G.E.), where he will advise the incoming administration on streamlining government operations.

The overlap of these developments adds an intriguing layer to the unfolding legal and political narrative surrounding Musk and his involvement with X(formerly Twitter).

As anticipated, Musk took to X to voice his criticism of the SEC, and stated,

“Totally broken organization. They spend their time on shit like this when there are so many actual crimes that go unpunished.”

Needless to say, the community stood in favor of Musk.

@ Newshounds News™

Read more:  AMB Crypto

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CONGRESSMAN TOM EMMER APPOINTED AS VICE CHAIR OF DIGITAL ASSETS SUBCOMMITTEE, PROMISES AMERICA WILL GUIDE CRYPTO FUTURE

Emmer is a pro-crypto Congressman who now joins Bryan Steil as part of the subcommittee’s leadership to oversee crypto regulation in the US.

▪️Under Trump's leadership, Emmer will serve as the vice chair of the crypto and AI subcommittee.

▪️Emmer promises to put the country at the forefront of crypto progress and innovation, especially with SEC Chair Gary Gensler gone.

▪️Emmer is crypto-forward, and has contributed to multiple bills, including an anti-surveillance bill passed last year.

Congressman for Minnesota’s 6th District, Tom Emmer, has been appointed as Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. In an X post published earlier today, Emmer expressed eagerness to work with subcommittee Chairman Bryan Steil as they steer the future of crypto and AI.

@ Newshounds News™

Read more:  CoinSpeaker

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Thank you Dinar Recaps

FRANK26….1-14-25……1…2…3…BOOM

KTFA

Tuesday Night Conference Call

FRANK26….1-14-25……1…2…3…BOOM

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

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

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

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

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

https://www.youtube.com/watch?v=2KYGnWsvX1U

News, Rumors and Opinions Wednesday AM 1-15-2025

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. 15 Jan. 2025

Compiled Wed. 15 Jan. 2025 12:01 am EST by Judy Byington

Global Currency Reset: (RUMORS)

Tues. 14 Jan.: “All the information is saying “Next week.” …JFK Awakening Q17 on Telegram

On Wed. 15 Jan 2025 a 48-Hour Communication Blackout will (allegedly) begin where there will be a redistribution of wealth (GCR GESARA) Worldwide. …JFK Jr. on Telegram

On Sat. 25 Jan. 2025, the first phase of the wealth redistribution will officially (allegedly) commence for the general public. …JFK Jr. on Telegram

On 19 Dec. 2024 the Iraqi Dinar (allegedly) revalued to $3.47 In country rate: https://x.com/realNateCarter/status/1879136476874801605?t=vgVTF3-iMBY68v5nEqF7xQ&s=09

Tues. 14 Jan. 2025 In Hong Kong China it is the New Year and they are(allegedly)  exchanging: Banking new year joy with crisp notes | The Standard

Tues. 14 Jan. 2025 In Iraq the new Dinar Rate is digital and (allegedly) fully live: https://x.com/majeed66224499/status/1879126834836918451?s=52&t=Ich7hg6RGbObSjhen7byaw

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Tues. 14 Jan. 2025 Bruce: (RUMORS)

The US Treasury to activate the new US Note by Wed. 15 2025.

Sources say Bondholders will get emails for access to funds by Wed. 15 Jan. or Thurs. 16 Jan. 2025.

The Admirals Groups and Tier4b (us, the Internet Group) should follow soon.

The Shotgun Start should roll out over 48 hours.

The Intermediate Groups (CMKX, Adjudicated Settlements, Farm Claims, etc) should pay around the same time as Bond Holders.

We will be offered a 12% interest rate per year for five years paid on our primary and secondary bank accounts (not on our Quantum Account).

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Tues. 14 Jan. 2025 Payout for Tier Groups involved in the RV:

The Dubai Accounts Funds the RV: Dubai 1 funds Tiers 1&2 of the RV and Dubai 2 funds Tiers 3&4 of the RV, while Dubai 3 funds the Adjudicated Accounts and GESARA.

The payout of the Bonds and Currency is done in order of the different tiers. There are five Tiers that will be exchanging: Tiers 1, 2, 3, 4 & 5.

Liquidity Release is done in a certain order. The Elders, German Bonds and select Yellow Dragon Bonds must be paid first and have been.

A. Dubai 1 released for liquidity which then triggers Dubai 2&3.
B. F&P’s are released to recipients (they need D1 liquid, this is their hold up)
C. Bonds will be liquid (they need D1 to be liquid)
D. Tiers 1-4b are notified. (they need D1 to be liquid)

It appears all is set to go on or about the same time!

Tier 1 Sovereign Nation Debt of Governments: Chinese Royals, Bond Holders, Paymasters, Church Groups, CMKX, F&P, Adjudicated Settlements, Ranch and Farm Claims and other groups.

Tier 2 Royals, Elders, Whales, Military Generals and some political type Elites with platforms of currency, corporations, etc.

Tier 3 Admirals Group, American Indians, CMKX, large church groups like the Church of Jesus Christ of Latter-day Saints.

The Pentecostal group was now 100% under an NDA.

Tier 3 was all Dubai 2 Trust Money and originally was the Generals and public. Now Tier 3 includes groups with projects including the Admiral.

The Admiral was sent to the back of the line and renamed Tier 4A (really just a pie slice of tier 3). The Admiral’s Group was composed of three parts – most notable of which was Tier4a Core groups and 130 VIP groups.

Tier 4B, (us, the Internet Group) is the largest group and composed of the general public who paid attention to the intel – the people who have bought currency and/or bonds and kept up with the reset by way of information on the Internet.

Tier 5 The general public who never paid attention to the Intel.

The official GO for Tier 4b has not been released yet. It can happen any moment. As all Tier1-4b are funded, we await the final release to reach to our level. It’s a process. It’s tedious and time consuming – making adjustments as needed along the way for accuracy and safety of all involved. It’s a very quiet & discrete operation, where the general public is left uninformed for obvious reasons.

Pay attention to the levels that are ahead of us. That will help give a better understanding of where we are, in relation to it reaching the 4b level. BUT, it is unfolding. And when it reaches our levels, there will be no doubts. It’s coming! Keep the faith.

Read full post here:  https://dinarchronicles.com/2025/01/15/restored-republic-via-a-gcr-update-as-of-january-15-2025/

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

Walkingstick   The monetary reform education is extremely fast.  They are now all the way to the point where they are past the basket and talking to the Iraqi citizens about the future of digitization in their country...Digitization of their currency mainly will help at the onset because you cannot introduce too much currency at the start...Not a cashless society at the onset but given time Iraq will be.  That is the goal. 

Sandy Ingram   There are 6 major projects happening in Iraq that will help to increase the country's GDP and economic status and hopefully the value of the currency...These are the news stories we will be watching closely in 2025... 1.   The Development Road Project involves constructing a 1,200 KM network of railways and highways connecting the Grand Faw Port in southern Iraq to the Turkish border in the north... 2.  Grand Faw Port aiming to become the largest port in the Middle East... 3.  Total Energy's energy projects... 4.  Oil and Gas exploration agreements... 5.  National Development Plan launched in collaboration with the United Nations Development Program and supported by the United States Agency for International Development (USAID)... 6.  Housing and Urban Development Projects..15 new cities across the country...

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The US Debt Crisis, $36 Trillion and No Way Out?

Wealthion:  1-14-2025

The United States is grappling with a rapidly escalating national debt, now topping a staggering $36 trillion. This figure, far from being just an abstract number, is raising alarm bells among economists and financial experts, who fear it could trigger a full-blown solvency crisis with severe consequences for both domestic and global markets.

In a recent interview on Wealthion, Andrew Brill spoke with Chris Casey of WindRock Wealth to delve into the gravity of the situation. Casey argues that the U.S. is already in “crisis mode,” pointing to the unsustainable trajectory of the debt and its potential to destabilize the economy.

The interview paints a stark picture of the challenges facing the U.S. economy. The rapidly growing debt, coupled with rising interest rates and volatile markets, creates a perfect storm. While solutions are not explicitly stated, the message is clear: vigilance and strategic planning are paramount during this period of economic uncertainty. The question of whether there’s “no way out” remains open, but the urgency to address the debt crisis is undeniable. The discussion highlights that understanding the current economic landscape is crucial for anyone looking to safeguard their financial future.

https://youtu.be/VkxAc8mZSyQ

“Tidbits From TNT” Wednesday Morning 1-15-2025

TNT:

Tishwash:  Kurdistan Regional Government Prime Minister receives US delegation

Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani on Wednesday received a US delegation headed by Deputy Assistant Secretary of State Victoria Taylor, in the presence of US Consul General to the region Steve Bittner and US State Department Special Envoy to Northeast Syria Scott Bolz.

During the meeting, they discussed ways to enhance bilateral relations, and discussed efforts related to forming the new ministerial cabinet of the regional government, in addition to the latest developments in Iraq and the region.

For her part, the US Deputy Assistant Secretary of State stressed the importance of the Kurdistan Region's position and its role as a partner of the United States of America.

The two sides agreed on the importance of resuming the export of Kurdistan Region oil as soon as possible, in the interest of all parties, especially since its suspension has caused great harm to the Iraqi federal general budget.

Another part of the talks was devoted to discussing the need to secure the financial rights and dues of the Kurdistan Region. In this regard, the Prime Minister stressed that the Region has fulfilled all its obligations within the framework of the general budget, and therefore Baghdad must send the Region’s dues as a federal and constitutional entity.

The meeting also discussed the general situation in Syria, stressing the need to preserve its security and stability, and guarantee the rights of the Kurdish people and all its components.   link

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Tishwash:  Iraq signs a memorandum of understanding with the British Export Credit Guarantee Corporation.. and these are its objectives

Today, Tuesday, in the British capital, London, a memorandum of understanding was signed between the Sovereign Guarantees Initiative Committee and the British Export Credit Guarantee Corporation, on the sidelines of the Prime Minister’s official visit to the United Kingdom.

 The ceremony was held under the patronage of Deputy Prime Minister and Minister of Planning Mohammed Tamim, where the Chairman of the Initiative Committee, Advisor to the Prime Minister Mohammed Sahib Al-Daraji signed on the Iraqi side, while the Director of the Business Group, Adam Harris, signed on behalf of the British Foundation.

 The terms of the memorandum include supporting imports of production lines and industrial and agricultural technology for the Iraqi private sector from the United Kingdom.

This memorandum is valid for five years, and comes within the framework of the agreements and memoranda of understanding signed by the Iraqi government with a number of European countries, and aims to raise the efficiency of the Iraqi private sector and achieve integration with the international community.

In another context, the two sides agreed that the British Export Credit Guarantee Corporation would finance a number of vital projects for the Iraqi government, and prepare to increase the financing ceiling for productive government projects.

The signing of the Memorandum of Understanding was preceded by a joint meeting between the Iraqi delegation and the British Foundation, during which mechanisms for joint cooperation between the two sides were discussed, in a way that enhances bilateral relations between the two countries.  link

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Tishwash:  Iraq faces economic collapse without reforms: Former Minister warns

Iraq could face severe economic challenges, including the inability to pay public sector salaries within two years, if critical reforms are not implemented, former Electricity Minister Luay Al-Khatib warned on Tuesday.

Describing Iraq’s governance as a system of “fiefdoms,” he emphasized the need for structural reforms to avoid what he called “inevitable collapse.”

In a statement on X, Al-Khatib highlighted the nation’s precarious economic situation, noting that “the deficit in federal budgets has reached 40%.”

He warned that if Iraq continues to draw on cash reserves amid fluctuating or falling oil prices, the value of the local currency could collapse. “In this scenario, the state will struggle to pay public sector salaries within two years,” he said.

Al-Khatib criticized the current governance model, stating, “Since the fall of the dictatorship in 2003, Iraq has been run by fiefdoms prioritizing private and sectarian interests.”

“This has transformed the private sector into a façade for political profiteering, deterring real investments and foreign currency inflow,” he added, attributing Iraq’s ongoing challenges to widespread “corruption” and the absence of social justice and economic sustainability.

Turning to the electricity sector, Al-Khatib dismissed claims of external interference, describing the issue as “entirely domestic and political.” He argued that political interests have obstructed efforts to reform and privatize the sector, leading to inefficiencies and corruption.

“The cost of government subsidies for electricity and oil exceeds $30 billion annually, with $20 billion allocated to electricity alone,” he revealed, describing this financial drain as unsustainable.

He called for “comprehensive reforms,” including restructuring the sector, revising tariffs, automating billing systems, removing illegal connections, and eliminating exemptions.

“These steps are critical to making the sector viable for privatization and attracting global-standard investments,” Al-Khatib said.

The former minister estimated that fully rebuilding Iraq would require over $1.5 trillion, a figure that far exceeds the nation’s oil revenues. “Attracting foreign investment and hard currency is the only viable solution,” he explained, urging the creation of a “secure and competitive investment environment free from political interference and armed groups.”

He emphasized the importance of offering incentives to investors that are competitive with those in other regional and global markets.

Al-Khatib concluded by calling for a decade-long commitment to economic reform in line with Iraq’s Constitution. “This process requires uninterrupted, cumulative efforts beyond the authority of a single ministry,” he said, noting that “It demands full Cabinet involvement, political backing, and a nationwide media campaign to educate the public with clear and transparent messaging.”  link

Mot: .... the Ten Commandments!!! 

Mot: .. Yeppers!! -- Big Achievement -- HUH!!!!

Seeds of Wisdom RV and Economic Updates Tuesday Evening 1-14-25

Seeds of Wisdom RV and Economic Updates Tuesday Evening 1-14-25

Good Evening Dinar Recaps,

SEC FILES LAWSUIT AGAINST ELON MUSK FOR SECURITIES VIOLATION

Musk's lawyer claims the SEC's lawsuit is mere harassment with no substantial case.

▪️The SEC sued Elon Musk for failing to disclose his Twitter share purchases before acquiring the platform.

▪️Musk's lawyer claims the SEC's lawsuit is baseless and suggests no wrongdoing was committed.

The US SEC has initiated a lawsuit against Elon Musk in federal court, alleging he failed to timely disclose his purchase of more than 5% of Twitter (now X) shares before acquiring the social media platform, according to a Jan. 14 filing first shared by DB News.

The complaint, filed in federal court in Washington, DC, claims Musk’s delayed disclosure after accumulating more than 5% ownership allowed him to “underpay by at least $150 million for shares he purchased after his financial beneficial ownership report was due.”

Musk later acquired Twitter for $44 billion and renamed it X.

Alex Spiro, Musk’s lawyer, dismissed the lawsuit, stating it is “an admission” that the SEC cannot bring an “actual case,” because Musk “has done nothing wrong and everyone sees this sham for what it is.”

“As the SEC retreats and leaves office, the SEC’s multi-year campaign of harassment against Mr. Musk culminated in the filing of a single-count ticky tak complaint against Mr. Musk under Section 13(d) for an alleged administrative failure to file a single form – an offense that, even if proven, carries a nominal penalty,” Spiro said in a statement.

@ Newshounds News™

Source:  CryptoBeiefing

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UAE STEPS UP AS GLOBAL CRYPTO LEADER WHILE TRUMPS WATCH CLOSELY

Why does Eric Trump think UAE holds the answer to America’s crypto struggles?

▪️UAE’s crypto success showcases innovation-driven growth with clear regulations and tax incentives.

▪️Trump administration eyes blockchain and stablecoin integration to lead global digital finance competition.

As the United States braces for a potential cryptocurrency policy shift, with Donald Trump set to assume office on the 20th of January. Now, the spotlight has turned to global leaders in digital finance.

UAE’s crypto vision

Among them, the United Arab Emirates (UAE) stands out as a thriving hub for cryptocurrency and blockchain innovation.

Advocates suggest the UAE’s clear regulations and strategic investments offer a compelling blueprint for the incoming U.S. administration.

In fact, by embracing blockchain and establishing robust regulatory frameworks, the UAE has struck a leadership position in an industry where the U.S. has often faltered.

Eric Trump on UAE’s role in crypto

Speaking on the matter, Eric Trump during the Bitcoin [BTC] MENA conference in Abu Dhabi, underscored the UAE’s role as a model for crypto advancement.

He said,

“The UAE has shown how to do this right. By supporting crypto innovation, they’ve created jobs, attracted investment and strengthened their global standing. The U.S. can and should do the same.”

In fact, between July 2023 and June 2024, crypto transactions in the UAE soared to an impressive $34 billion, marking a 42% increase from the prior year, as per Chainalysis’ report.

UAE’s crypto success story

A key factor in this surge was the government’s decision to exempt cryptocurrency transactions from value-added tax. This exemption was applied retroactively to 2018.

This tax relief, designed to “supercharge” the sector, has reinforced the UAE’s position as a global leader in digital finance. It has attracted businesses and investors.

Additionally, there has been a significant focus on stablecoins due to their reliability in volatile cryptocurrency markets. Stablecoins are increasingly utilized for cross-border payments and everyday transactions.

Other developments

Additionally, in a notable development, Tether announced plans to introduce a Dirham-backed stablecoin in partnership with Abu Dhabi-based firms.

Remarking on the same, Eric Trump added,

“Stablecoins are a bridge between traditional and digital financial systems. They offer reliability and liquidity, making them a key tool for financial inclusion and global trade.”

Additionally, the UAE’s progressive integration of blockchain into public services and its balanced regulatory approach has further provided a compelling blueprint for various nations.

What should Trump take away from UAE’s playbook?

As the Trump administration focuses on digital finance, the U.S. faces a critical moment to redefine its role in the global crypto market.

With the sector’s market capitalization soaring to $3.3 trillion in 2024, the stakes have never been higher.

Trump’s decisive actions show a commitment to innovation while safeguarding investors. With fierce international competition, this isn’t just about reviving the crypto landscape—it’s a race to lead the future of digital finance.

@ Newshounds News™

Source:  AMB Crypto

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CONGRESSMAN PROPOSES IRS ELIMINATION

On Jan. 9, 2025, congressman Earl Carter proposed a bill replacing the US tax code with a national consumption tax and abolishing the IRS. Earlier this month, the IRS was sued by Blockchain Association over the new reporting rule.

New tax system

The H.R. 25 bill, or The Fair Tax Act of 2025, was introduced by Rep. Earl “Buddy” Carter (R–GA). The bill challenges the existing U.S. tax code and the taxation policy status quo and aims to promote freedom, fairness, and economic opportunity. The Fair Tax Act calls to repeal the income, payroll, estate, and gift taxes. Instead, the act proposes enacting the sales tax.

According to the bill, the existing Federal income tax retards the economic growth and international competitiveness of the U.S., discourages small businesses and farms, and downgrades the standard of living of Americans, decreasing the savings and investment rates.

On top of that, the bill indicates the harm of the existing unnecessary administrative and compliance cost pressure on individual and corporate taxpayers. Privacy violations and lack of transparency in taxation are other problems associated with the Federal income tax. According to the Fair Tax Act, the Social Security, Medicare payroll taxes, and self-employment taxes hurdles employment rates.

The alternative proposed in the bill is a broad-based national sales tax on goods and services purchased for final consumption. The act proposes to tax all consumption of goods and services in the U.S. once, preventing double, multiple, and cascading taxation.

According to the bill, it will facilitate savings and investment, improve the standard of living of Americans, help businesses, and undo all other evils associated with the actual tax system. Also, the Fair Tax Act provides notes on how the government should foster the change in the policy.

IRS abolition

One of the most radical changes proposed in the Fair Tax Act is the Internal Revenue Service abolition. The move is meant to get rid of the bureaucratic burdens on individual and business taxpayers.

According to Carter, the tax system introduced in the legislation eliminates the need for the IRS. The taxes should be easy and transparent so that people will not need professional assistance to fill out their taxes.

The bill is supported by a number of Republican congressmen, including Barry Loudermilk, Eric Burlison, John Carter, Scott Perry, John Rutherford, Warren Davidson, Andy Biggs, Dale Strong, Rich McCormick, Andy Harris, and Andrew Clyde.

The latter noted that the act “provides a commonsense solution to eliminate the need for the weaponized IRS, simplify our tax code, and foster economic prosperity”.

Rep. Strong adds that the proposed taxation system will make illegal immigrants pay taxes fairly.

IRS vs the crypto community

The IRS was sued over the new reporting rules introduced by the service the day the rules were introduced, i.e., on Dec. 28, 2024. The complaint is signed by several organizations, including Blockchain Association, Texas Blockchain Council, and DeFi Education Fund.

The new reporting rules impose a threat to the well-being of the DeFi sector as it redefines the broker notion. According to the new rules, DeFi platforms will be considered brokers. They will have to provide the transaction info and proceeds to the IRS until 2027. 

The complaint clears that DeFi platforms are not brokers, and that’s what makes them unique and innovative. As peer-to-peer systems, they don’t depend on brokers or any other intermediaries, so the IRS’ new rules should not apply to them, but they do.

The plaintiffs find the rules unconstitutional and harmful to American development and leadership in the crypto industry. They note that if the rules get into effect, this may impact many leading industry brands to find better jurisdictions instead of working in America.

Considering this, the IRS abolition may be seen as a possibility to end the service’s attacks on the DeFi ecosystems. However, it is not clear yet if the Fair Tax Act of 2025 will be adopted. The history of the act began back in 1999. Will 2025 be a breakthrough year? We’ll see.

@ Newshounds News™

Source:  Crypto News

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These 3 Habits Will Instantly Make You Better With Money

These 3 Habits Will Instantly Make You Better With Money, According to George Kamel

Andrea Norris   Tue, January 14, 2025   GOBankingRates

Managing your money and financially getting ahead can feel like an uphill battle. Recently, Ramsey Solutions money expert George Kamel posted a YouTube video explaining how adopting three simple habits can immediately improve your money skills, helping you to improve your financial situation and build wealth.

He recommended trying the following habits for 30 days to see how they can boost your finances.

Track Your Expenses Daily

“If you want to get better with your money, you have to pay attention to your money,” Kamel said.

The best way to do this is to note where every penny of your money goes. Tracking your spending and expenses helps you identify areas for improvement and stay accountable with your budget.

Additionally, Kamel said asking the following questions before buying something can help keep your spending in check:

• “Will the purchase add value to my life?”

• “Am I buying this for the right reason?”

• “Is this in my budget?”

• “Is this the best place and price to buy?”

• “Is now the right time to buy it?”

If you answer “yes” to all five questions, Kamel said you should go ahead and make the purchase — and track it. He also recommended waiting 48 hours before making any big purchase. This extra time can help you avoid the regret of a costly buy.

Use Your Own Money for Every Purchase

According to Capital One Shopping, people spend up to four times more using a credit card than cash. The difference adds up.

“Using a credit card is not using your own money, even if you pay it off every month,” Kamel warned, since credit cards statistically lead to overspending.

TO READ MORE:  https://finance.yahoo.com/news/3-habits-instantly-better-money-170029149.html

More News, Rumors and Opinions Tuesday PM 1-14-2025

KTFA

Clare:  Economist describes the establishment of the first Rafidain Bank as an excellent step

1/14/2025  Baghdad

Economic expert, Mustafa Akram Hantoush, described the establishment of the first Rafidain Bank as an “excellent step.”

Yesterday, Monday, the Council of Ministers decided to establish the First Rafidain Bank with a capital of one trillion dinars and a government participation rate of 24%.

Hantoush told Al-Eqtisad News, "Establishing the First Rafidain Bank is an excellent step, especially since it will be a mixed sector company."

He added that the new bank will help the state enhance its payment and electronic transaction capabilities, in addition to assisting the Trade Bank of Iraq in transfers and credits.   LINK

Clare: Al-Sudani discusses with the British King establishing a "productive partnership" between Baghdad and London

1/14/2025

The Minister Mohammed Shia al-Sudani discussed today, Tuesday, with the King of the United Kingdom, Charles III, establishing a "productive partnership" between Baghdad and London.

A statement by the Prime Minister's Office received by Shafaq News stated that "Al-Sudani met today, Tuesday, with the King of the United Kingdom, Charles III, at Buckingham Palace in the British capital, London. During the meeting, bilateral cooperation between Iraq and the United Kingdom was reviewed, as well as ways to establish a productive partnership in various economic and development fields."

The statement added that "the meeting discussed cooperation in the field of confronting the challenges of climate change, and opportunities to enhance cultural cooperation."

According to the statement, Al-Sudani expressed his "appreciation for the official invitation he received to visit Britain," stressing "Iraq's determination to consolidate constructive bilateral relations in various fields, in a way that enhances the mutual and sustainable interests of the Iraqi and British peoples."

For his part, King Charles III welcomed Al-Sudani, pointing out "the depth of the historical relationship between Iraq and Britain, and the prominent importance that the governments of the two countries attach to developing common interests and understandings at various levels."  LINK

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

Mnt Goat   Article:  “ECONOMIST: THE CENTRAL BANK’S POLICY IS MOVING TOWARDS GLOBALIZING IRAQI BANKS”  Quote: “Safwan Qusay confirmed that the Central Bank’s policy is moving towards globalizing Iraqi banks, while stressing that it will contribute to raising the status of these banks globally” also “the process of ending dealings with the electronic platform will contribute to accepting local banks that have the ability to provide guarantees and international compliance conditions with international correspondent banks.”    Yes, “providing guarantees and international compliance” is all insurance related. Investors in Iraq need to know that their funds in Iraqi banks will be protected...  [Post 1 of 2....stay tuned]

Mnt Goat  Article quote: “He added that these correspondent banks can carry out the process of changing the Iraqi dinar to any global currency immediately, and for more than a million banks around the world.”  What did it just tell us? A million banks around the world? What does this mean to us as investors? We know that...conditions to get back to FOREX that this insurance part is a pillar of the financial reform. Therefore, it is a reform that needed to take place and is now taking place. Also, I want to add that the statement of “changing the Iraqi dinar to any global currency immediately” is an amazing statement...Could this news get any better at this time?   Can this be what is holding up the revaluation and the reinstatement?   [Post 2 of 2]

Food And Energy Costs Set To SKYROCKET! AS DOLLAR DIES FASTER.

Greg Mannarino:  1-14-2025

https://www.youtube.com/watch?v=BGMGbK6TuvU

US BANKRUPTCIES SOAR to 14-Year High as Banks Brace For Impact

Taylor Kenny:  1-14-2025

U.S. corporate bankruptcies have soared to a 14-year high, reaching levels not seen since the 2008 financial crisis. This video explores the implications of these bankruptcies, their impact on banks, and the looming threat of a widespread financial crisis. Learn why this isn’t just about struggling companies—it’s a sign of deeper instability in our economy and financial system.

https://www.youtube.com/watch?v=Womjz43Dj7Q

Iraq Economic News and Points to Ponder Tuesday Afternoon 1-14-25

The Dollar Exchange Rate Decreased In Baghdad Markets

Stock Exchange  Economy News – Baghdad   The US dollar exchange rate fell this morning, Tuesday, in Baghdad markets.  The dollar prices witnessed a decline with the opening of the Al-Kifah and Al-Harithiya stock exchanges, recording 150,950 dinars for every 100 dollars, while yesterday morning, Monday, it recorded 151,150 dinars for every 100 dollars.

Selling prices in exchange shops in local markets in Baghdad recorded stability, as the selling price reached 152,000 dinars, while the purchase price reached 150,000 dinars for every 100 dollars. 91 views 01/14/2025 - https://economy-news.net/content.php?id=51930

Gold Prices Fall In Baghdad

Stock Exchange  Economy News – Baghdad   The prices of "foreign and Iraqi" gold decreased in the local markets in the capital, Baghdad, today, Tuesday (January 14, 2025).

Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price for one mithqal of 21 karat Gulf, Turkish and European gold of 564 thousand dinars, and a purchase price of 560 thousand dinars.

The selling price of one mithqal of 21-karat Iraqi gold reached 534 thousand dinars, and the purchase price was 530 thousand.

As for gold prices in goldsmiths’ shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 565,000 and 575,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 535,000 and 545,000 dinars.    90 views 01/14/2025 - https://economy-news.net/content.php?id=51933

Slight Drop In Oil Prices  

Economy | 11:21 - 01/14/2025  Mawazine News – Baghdad  Oil prices fell in early trading on Tuesday but remained near four-month highs as Chinese and Indian buyers sought new suppliers following U.S. President Joe Biden's administration's sanctions on Russian oil.
Brent crude futures fell 22 cents, or 0.27%, to $80.79 a barrel, while U.S. West Texas Intermediate (WTI) crude futures lost 16 cents, or 0.2%, to $78.66 a barrel.  https://www.mawazin.net/Details.aspx?jimare=258572

Economist Describes The Establishment Of The First Rafidain Bank As An Excellent Step

Banks   Economy News – Baghdad  Economic expert, Mustafa Akram Hantoush, described the establishment of the first Rafidain Bank as an “excellent step.”

Yesterday, Monday, the Council of Ministers decided to establish the First Rafidain Bank with a capital of one trillion dinars and a government participation rate of 24%.

Hantoush told Al-Eqtisad News, "Establishing the First Rafidain Bank is an excellent step, especially since it will be a mixed sector company."

He added that the new bank will help the state enhance its payment and electronic transaction capabilities, in addition to assisting the Trade Bank of Iraq in transfers and credits. 1250 views 01/14/2025 - https://economy-news.net/content.php?id=51928

l-Sudani Confirms To The British King: We Are Determined To Strengthen Bilateral Relations

Political | 04:12 - 01/14/2025  Mawazine News – Baghdad  Prime Minister Mohammed Shia al-Sudani affirmed, on Tuesday, Iraq's determination to consolidate bilateral relations with Britain in various fields.

Al-Sudani's office stated in a statement received by (Mawazine News), "The latter met, today, Tuesday, with the King of the United Kingdom, Charles III, at Buckingham Palace in the British capital, London, and they reviewed bilateral cooperation between Iraq and the United Kingdom, and ways to establish a productive partnership in various economic and development fields.

They also discussed cooperation in the field of confronting the challenges of climate change, and opportunities to enhance cultural cooperation."

Al-Sudani expressed his "appreciation for the official invitation he received to visit Britain, stressing Iraq's determination to consolidate constructive bilateral relations in various fields, in a way that enhances the mutual and sustainable interests of the Iraqi and British peoples."

For his part, King Charles III of Sudan pointed to "the depth of the historical relationship between Iraq and Britain, and the prominent importance that the governments of the two countries attach to developing common interests and understandings at various levels." https://www.mawazin.net/Details.aspx?jimare=258583

Iraq Stock Exchange Trades 57 Billion Shares In A Month

Stock Exchange   Economy News – Baghdad   The Iraq Stock Exchange announced today, Tuesday, that 57 billion shares were traded with a financial value of 55 billion dinars during last December.

The market stated in a report reviewed by "Al-Eqtisad News" that "the market organized 20 trading sessions and the number of companies whose shares were traded during December amounted to 74 joint-stock companies out of 104 companies listed on the market."

The report added that "the number of traded shares reached 57 billion, 862 million, and 320 thousand shares, with a financial value of 55 billion, 652 million, and 595 thousand dinars, through the execution of 15,136 transactions," indicating that "the ISX60 traded price index closed at 1,073 points, recording an increase of 4% from its closing in the previous session."

It is noteworthy that the Iraq Stock Exchange organizes five trading sessions weekly from Sunday to Thursday, with the participation of 104 Iraqi joint-stock companies representing the banking, communications, industry, agriculture, insurance, financial investment, tourism and hotels sectors. 89 views 01/14/2025 - https://economy-news.net/content.php?id=51939

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