FRANK26….1-17-25……..BANK OFFICER

KTFA

Friday Night Conference Call

FRANK26….1-17-25……..BANK OFFICER

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=fTwTNjwCkgw

Seeds of Wisdom RV and Economic Updates Friday Afternoon 1-17-25

Good afternoon Dinar Recaps,

CRYPTO DEVELOPER SUES US ATTORNEY GENERAL, WANTS SOFTWARE DEEMED LEGAL

Michael Lewellen has asked a Texas federal court to determine that his crypto startup is within the law and to block the Department of Justice from prosecuting him.

A crypto developer has sued the head of the US Justice Department and asked a court to rule that the crypto software he wants to publish is legal and to block any possible future prosecution.

Michael Lewellen, a fellow of the crypto advocacy group Coin Center, sued Attorney General Merrick Garland on Jan. 16 in a Texas federal court, saying he plans to publish new non-custodial crypto software focusing on crowdfunding campaigns called Pharos.

“The problem? The federal government has begun criminally prosecuting people for publishing similar cryptocurrency software, calling it unlicensed ‘money transmitting,’” the complaint reads.

Lewellen claimed the Department of Justice extended its interpretation of money-transmitting laws “beyond what the Constitution allows” in violation of the First and Fifth Amendments — rights protecting speech and limiting government powers in criminal proceedings, respectively.

Coin Center is supporting the suit and comes amid the crypto industry’s heightened concern over the prosecution of crypto software devs.

The complaint mentions the US government’s cases against Tornado Cash founder Roman Storm and Samourai Wallet co-founder Keonne Rodriguez, both of who ran crypto mixers and are pinned on unlicensed money-transmitting business and money laundering charges.

In the complaint, Lewellen’s lawyers argued his software would not give him “any control, possession, or direction over the cryptocurrency that users put through the software” and claimed that “money transmission requires control over the money being moved, which is not present when someone publishes non-custodial software like Lewellen’s.”

“The DOJ’s broad interpretation of money transmission laws threatens the ability to build freely,” Lewellen wrote in a Jan. 16 X post. “This isn’t just about Pharos; it’s about the future of cryptocurrency innovation in America.”

Lewellen asked the court to declare that his crypto business doesn’t violate money-transmitting laws and block the DOJ from using those laws to prosecute him, along with an order to pay his legal fees alongside any other relief the court wishes to grant.

The complaint follows recent similar preemptive lawsuits filed by plaintiffs who claim current laws and regulations aren’t purpose fit for crypto.

In April last year, software development company Consensys sued the Securities and Exchange Commission, wanting a court to rule that Ether “is not a security,” which was later thrown out.

In March, the clothing company Beba also sued the SEC to get a court to determine that Beba’s self-titled token it had given away was not a security, which the agency had asked to be dismissed in November.

A month earlier, in February, the SEC was sued by crypto startup Lejilex, who was seeking a ruling that its planned crypto exchange wouldn’t violate securities laws. The SEC similarly asked for the case to be tossed in October.

Attorney General Garland is set to step down from his role with President-elect Donald Trump set to re-take the White House, and the incoming president’s pick for the job, Pam Bondi, is in congressional confirmation hearings.

@ Newshounds News™

Source:  CoinTelegraph

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TETHER INTRODUCES USDT0 FOR CROSS-CHAIN TOKEN TRANSFERS

Tether has launched USDT0, a new cross-chain stablecoin on Kraken's Layer-2 network, designed to simplify USDT transfers across different blockchain platforms, with planned expansion to Berachain and MegaETH.

Tether has launched USDT0, a new cross-chain stablecoin developed with Kraken, aimed at simplifying USDT transfers across different blockchains
The stablecoin debuted on Kraken’s Layer-2 network Ink, with plans to expand to Berachain and MegaETH platforms
Tether currently leads the stablecoin market with 109 million wallets in Q4 2024
The company has relocated to El Salvador and made $700 million in Bitcoin reserve investments
USDT0 is positioned to enhance institutional liquidity and DeFi functionality across blockchain ecosystems

Tether, the leading stablecoin provider, has launched USDT0, a new cross-chain stablecoin developed in partnership with cryptocurrency exchange Kraken. The launch took place on January 17, 2025, marking Tether’s latest move to improve token transfer capabilities across different blockchain networks.

USDT0 made its initial debut on Ink, Kraken’s Layer-2 network. The new stablecoin aims to make it easier for users to move USDT between different blockchain platforms, addressing a common challenge in the cryptocurrency space.

Recent data shows Tether’s strong market position, with 109 million wallets holding USDT in the fourth quarter of 2024. This user base represents the largest in the stablecoin sector, highlighting Tether’s market leadership.

Paolo Ardoino, Tether’s CEO, explained the purpose behind USDT0’s creation. “USDT0 introduces a much-needed solution for seamless USDT movement across ecosystems,” he stated during the launch announcement. The focus remains on improving user experience and meeting market demands.

The company has outlined plans to expand USDT0’s availability to additional platforms. Berachain, a blockchain focused on liquidity, and MegaETH, an Ethereum-based project, are among the first partners scheduled to integrate the new stablecoin.

Tether has branded USDT0 with the tagline “Your USDT, Anywhere,” emphasizing its goal of universal accessibility. The stablecoin is designed to serve both retail users and institutional investors who need to move assets between different blockchain networks.

In preparation for this launch, Tether has made several strategic moves. The company relocated its headquarters to El Salvador, a decision influenced by regulatory considerations, particularly the European Union’s MiCA legislation.

Financial preparations included a $700 million investment in Bitcoin reserves. Tether also invested in Rumble, a decentralized platform, showing its commitment to expanding its presence in the blockchain ecosystem.

The development of USDT0 addresses specific technical challenges in cross-chain transfers. Users previously faced complications when moving USDT between different blockchain networks, often requiring multiple steps and increasing transaction costs.

Ethereum’s established infrastructure plays a key role in USDT0’s functionality. The platform’s robust decentralized finance (DeFi) ecosystem provides essential support for cross-chain token movements, making it a natural fit for USDT0’s operations.

Market data at the time of launch shows Ethereum trading at $3,373.45. This represents a 0.26% decrease over 24 hours and a 2.24% increase over the past week, according to CoinMarketCap.

USDT0’s launch comes as demand for cross-chain solutions continues to grow. The stablecoin sector has seen increased interest in tools that simplify asset movement between different blockchain networks.

Tether’s market position includes partnerships with various blockchain platforms. These relationships help expand USDT0’s reach and utility across the cryptocurrency ecosystem.

Technical features of USDT0 include enhanced security measures and streamlined transfer protocols. These improvements aim to reduce friction in cross-chain transactions while maintaining stable value across different networks.

The latest data shows immediate adoption of USDT0 on Kraken’s Ink network, with plans for additional platform integrations in the coming months.

@ Newshounds News™

Source:  Blockonomi

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THE FEDERAL RESERVE HAS WITHDRAWN FROM THE GLOBAL CLIMATE COALITION

@ Newshounds News™

Source:  Gold Telegraph  and  X . com

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Q & A Classroom Link  

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Thank you Dinar Recaps

“Bits and Pieces “ in Dinarland Friday 1-17-2025

KTFA:

Clare:  Koger: Emergency budget covers all emergencies

1/17/2025

Jamal Kocher, a member of the Parliamentary Finance Committee, explained today, Friday, that the emergency budget in Iraq is not limited to natural disasters only, but rather includes all emergency situations, such as environmental, cosmic, and natural incidents, or even humanitarian and political ones.

Koger added to Al Furat News Agency that "any section that falls under emergencies can be used for the emergency budget, and these funds must be available throughout the year, because the occurrence of emergencies cannot be predicted." 

He stressed that "the funds allocated for the emergency budget are not very large, as they are estimated at only billions, compared to the budget deficit that reaches trillions, which makes them insufficient to cover the deficit significantly."

From.. Raghad    LINK

Clare: Director of Al-Sudani Media Office: The Prime Minister spent 4 busy days in Britain, starting with a meeting with the King and ending with a meeting with the Iraqi community

1/17/2025

Director of the Prime Minister's Media Office, Rabie Nader, confirmed that the Prime Minister spent 4 busy days in Britain, starting with a meeting with the King and ending with a meeting with the Iraqi community.

Nader said in a tweet on the X website: The four days witnessed intensive economic meetings, with about more than 46 companies in various specialties.

He added that the four days also witnessed the signing of 25 agreements and memoranda of understanding in various fields, in addition to 33 political, diplomatic and media activities.

He stressed that Al-Sudani's visit to London represents a real start for a new phase of Iraqi-British relations.   LINK

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

Mnt Goat  I did have a conversation with my CBI contact [Wednesday]. This is why I am very excited...I could hardly believe that now the economic experts have finally turned to the mantra.  The new mantra is – LETS GO TO FOREX!  This was the same tone in my conversation.  My contact sounded VERY excited and anticipatory.

Clare  Article:  "4 days separate Iraq from a phase full of "unexpected events"   Quote: “Donald Trump will officially assume the US presidency on January 20...Trump will move to remove part of the ruling class loyal to or linked to Iran, because it is time to resolve the situation according to regional and international balances."

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Mortgage is fraud (Part of Nesara/Gesara?)

Brant Sharp:  1-15-2025

Supreme Court ruling Re: Foreclosure - January 2025  (Please consider as rumor until the official link to the ruling is released.)

https://www.youtube.com/watch?v=kEgqOteDjK4

The 10 Year is Headed Over 5%

Heresy Financial:  1-17-2025

TIMECODES

0:00 The 10YR is Headed Over 5%

0:53 Why the 10yr would move higher

1:15 How auctions work

2:38 Why the government has to pay higher rates

4:30 The crowding-out effect

7:34 Balance sheet re-composition

 10:12 Issues balance sheet re-composition can cause

https://www.youtube.com/watch?v=CIM9twuyL_Q

Fund Manager Predicts Market Action After Inauguration

Fund Manager Predicts Market Action After Trump Inauguration

David Lin:  1-17-2025

With the 2024 presidential election in the rearview mirror and Donald Trump’s inauguration approaching, market participants are keenly analyzing potential shifts and opportunities.

Thomas Hayes, Managing Member of Great Hill Capital, recently shared his insights on the anticipated market dynamics in an interview with David Lin, providing a perspective informed by years of experience in financial markets.

Hayes offered a nuanced outlook, acknowledging the potential for both volatility and growth in the coming months. He emphasized that while political transitions often trigger uncertainty, the market’s reaction will ultimately be driven by policy specifics and economic data.

While failing to delve into specific sectors he expects to outperform, Hayes stressed the importance of staying nimble and adaptable in navigating the post-inauguration landscape. He advised investors to closely monitor key indicators such as inflation data, interest rate decisions by the Federal Reserve, and the administration’s early policy announcements regarding trade, taxation, and infrastructure.

The financial community is eagerly awaiting further clarity on the Trump Administration’s economic agenda. Hayes’ analysis underscores the importance of informed decision-making in navigating the potential shifts that lie ahead. Investors are advised to conduct thorough research, stay informed about policy updates, and consult with their financial advisors before making investment decisions.

The conversation between Hayes and Lin serves as a crucial reminder that while political transitions inevitably affect the market, sound financial thinking and a focus on long-term growth strategies remain paramount for investors in any environment. As the market continues to evolve, having perspectives from seasoned professionals like Hayes will be vital in successfully navigating the post-inauguration period.

0:00 - Intro

1:00 - Recent market action

4:48 - Market sentiment

6:41 - Energy

11:52 - Valuations

19:00 - Tech sector

https://www.youtube.com/watch?v=eMcxOdq1UCM

Coffee with MarkZ and Mr. Cottrell. 01/17/2025

Coffee with MarkZ and Mr. Cottrell. 01/17/2025

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: TGIF and Good morning to all fellow RV’ers! Welcome to a 3 day weekend of big possibilities.

Member: Good morning Mark, Mr. Cottrell and Mods. It's FriYay.

Member: Attention On Deck, Captain On The Bridge

MZ: Hello All….On the bond side-expectations are overwhelming for Tues/Wed of next week.

MZ: I am hearing a lot of chatter that there may be an Iraqi rate change over the weekend. I am not going to ride the roller coaster but will be hopeful that we are seeing it that soon. But Trump is not in office yet….so stay calm.

Member: Good morning Mark, what do you think is going to announce on Monday? He said he has something to announce and we will be extremely happy about it.

MZ: I am hoping it’s a new asset backed currency. I know it might be pre-mature but that is what I am hoping.

Member: Maybe he will announce our return to the Repulic and no more cabal cororation!!

Member: Mark...don't you think it makes sense for countries to publicly switch to gold/asset backed currencies before they revalue??

Member: Our current Currency has every sign of being Gold Backed. Maybe we are already Gold Backed?

Member: Trump said our first day will be the start of prosperity

Member: I hear people talk about “Fines and Penalties” What are those?

MZ: Most of these are associated with historic Settlements like CMKX where they owe holders Fines and penalties because they are taking so long to pay out. It was part of the legal settlement. They also owe F&Ps to be paid to Prosperity packages like Omega and Heritage. There are many of them.

MZ: When you hear we who own those stocks have received our Fines and penalties –We currency holders are very close to receiving our notices to exchange. So that is why we watch them.

MZ: “Among those is an Iraqi Cleric : List of personalities attending Trumps inauguration “ There is so much support for Trump in Iraq.

MZ: “Parliamentary Integrity intends to uncover a number of corruption files” When they say a file- they mean it’s a “case”  and they are unloading them  to clean them up. We see this in a number of governments right now. To me it sounds like part of Nesara/Gesara. At least I hope it is.

Member: I heard they are not calling it that …but parts of the Nesara/gesara bills are quietly being implemented all over.

MZ: “Iraq liquidity crisis is worsening: 70% of the money is hoarded in homes”  When they hoard it – it is out of circulation. People are holding onto it and not spending it.

MZ: “Central Bank of Iraq links the sale of real estate to banks to counter money laundering”  This is forcing more money to go through the legitimate system.

MZ: Here is the one I am excited about: “Instead of granting it exclusively to foreign banks- proposal to put the dollar on “Tadowul platforms” This should give you all warm and fuzzies until at least next week . they are talking about  as they are changing how foreign remittances work in banks ect…..this is what they are going to do. They are converting dollars to be sold on trading platforms and the stock market and switching to the forex market!!!!

MZ: In order to take the next steps for them it needs to be traded on platforms just like the US dollar , British Pound and other currencies are. That would mean they are on the fully international forex  and most likely a much bigger value on the dinar. This is my favorite article of the morning.

Member; What is your guess on the total amount of dinar held in the US?

MZ: Great question. I heard some projections way back in the day that (if I had to make a guess) maybe 10 Trillion????? That is just a guess….but maybe 10% of what is in circulation may be held in the US.

Member: I just heard President Trump ordered the borders closed..

MZ: He will be ordering the borders closed …maybe one of the first things he does.

Member: Widespread online banking outage affects Bank of Oklahoma, others: Bank of Oklahoma brick and mortar locations seem fine. It’s ExpressBank online banking system having problems since Wednesday.

Member: Amazing to see how many banks are reporting tons of problems this week on Downdetector... Today there are a lot of problems with Wells Fargo, B of A, Capital One, Chase now.... Interesting timing.

Member; There is a rumor on SCOTUS ruling on the invalidity of mortgage contracts and fiat currency. Posted by Judy Byington…..wonder if that is valid?

MZ: I wanted to share this one on that …it was fun  https://www.youtube.com/watch?v=kEgqOteDjK4

Member: H.R.25 - FairTax Act of 2023 promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a ntl. sales tax

MZ: I want to let you know Rod steel was in a car accident and has several broken bones. We will post more information when we get it. He will have a long road to recovery so please send prayers for Rods recovery …… It sure would be nice if there were med beds about now for us all

​​Member: The planets align this weekend. Is this the same as having your ducks in a row? I take it as this will be our week

Member: Mark, Hopefully we’ll be seeing you more this weekend should things go!

Member: Hoping this is our last weekend broke

Mr. Cottrell joins the stream today. Please listen to the replay for his information and opinions

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

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

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

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

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

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

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

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

Youtube:     https://www.youtube.com/watch?v=f56d0KL6u4U

News, Rumors and Opinions Friday 1-17-2025

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 Fri. 17 Jan. 2025

Compiled Fri. 17 Jan. 2025 12:01 am EST by Judy Byington

Judy Note: As of Mon. 20 Jan. 2025 the privately owned IRS, Fed & Maritime Law were considered dead. The Supreme Court (allegedly) recently ruled that Mortgages, Debt & Foreclosures based on fiat currency such as the US Dollar were invalid and fraudulent.

Thurs. 16 Jan. 2025: (Please consider as Rumor until official court ruling is released)

Supreme Court Rules That Banks Lending the Fiat US Dollar to Create Mortgages, Debt & Foreclosures Was Not Only Invalid, But Fraudulent Under the Constitution: https://youtube.com/watch?v=kEgqOteDjK4&si=6xYKd7l9leMQXU7l

On Mon. 20 Jan. 2025 the privately owned IRS & Fed Are Dead and Trump to introduce the External Revenue Service (ERS) and later, an expected 14%-15% Flat Tax on buying new items only, with no tax on food, medicine, income or anything else – giving US taxes back to The People.

Get Ready For Ten Days of Communication Darkness. The power to the entire World will switch off briefly to install our new Starlink Satellite Internet. Shutdowns will occur, but only in certain areas. Banks will close. ATMs and Credit Cards will stop working. Have at least a month’s supply of food, water, cash, medicine and essential items on hand for yourself, your family and to share with others in case of emergency.

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Global Currency Reset:

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

Wed. 15 Jan. 2025 Wolverine: Ok guys it’s definitely coming as things are in motion. Please make sure you have everything ready when we receive the green light. Remember for the Tier 4B group things won’t (allegedly) start 2 or 3hrs after the inauguration on Mon. 20 Jan.

Wed. 15 Jan. 2025 Nate: Expect the Iraqi Dinar Rate to change Jan. 20-22: https://x.com/realNateCarter/status/1879328680331313318?t=0OaJN2HGGpPKZd3lmWEbBQ&s=09

Thurs. 16 Jan. 2025 MarkZ: “My Asian Contact said he was expecting the RV on Tues. 21 Jan. or Wed. 22 Jan.

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 (allegedly) became digital and fully live: https://x.com/majeed66224499/status/1879126834836918451?s=52&t=Ich7hg6RGbObSjhen7byaw

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Global Financial Crisis:  (Please consider as Rumor until official court ruling is released)

The Tues. 14 Jan. 2025 Supreme Court Ruling that lending institutions using fiat US Dollars to create loans, Mortgages, or any debt including foreclosures was fraudulent and invalid under the Constitution. https://youtube.com/watch?v=kEgqOteDjK4&si=6xYKd7l9leMQXU7l

Read full post here:  https://dinarchronicles.com/2025/01/17/restored-republic-via-a-gcr-update-as-of-january-17-2025/

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

Frank26  I'm extremely excited because that 3rd reading [of the budget amendment] is basically guaranteed.  Why would I say such a thing?  Because if they don't do the 3rd reading, 15 days later the budget is exposed...It exposes everything and once it does, then you got to figure out float or basket... The HCL, like the budget, those two things will expose the new exchange rate...The HCL and the budget will be the first indicator of the new exchange rate IMO.

Jeff    PM Sudani went to the UK Britain to put together a massive trade MOU agreement worth billions of dollars, a very large trade agreement.  It definitely will require the rate change in order to implement that.  

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Bond Yields Reverse Sharply: MASSIVE Crash Averted...For Now | Gregory Mannarino

Liberty and Finance:  1-16-2025

Gregory Mannarino (traderschoice.net) discusses the growing instability in global markets, with spiking bond yields signaling trouble ahead. Mannarino highlights the central banks' efforts to suppress rates and inflate the debt bubble, while insurance companies assume risky pension obligations amid questionable solvency.

He warns that the banking system is burdened with record bad debt, threatening liquidity and possibly leading to financial institution failures.

Mannarino stresses the importance of investing in tangible assets like gold and silver for wealth preservation, and urges people to understand the real economic driver: the debt market, not the stock market.

He concludes with a stark warning, urging individuals to wake up and find reliable sources of information in navigating this increasingly precarious financial landscape.

https://www.youtube.com/watch?v=MZ6fMoDxFNQ

Iraq Economic News and Points to Ponder Friday AM 1-17-25

Stability Of The Dollar Exchange Rate Against The Dinar In Baghdad Markets

Stock ExchangeEconomy News – Baghdad   The US dollar exchange rate stabilized this morning, Thursday, in Baghdad markets.

The dollar prices witnessed stability with the opening of the Al-Kifah and Al-Harithiya stock exchanges, recording 151,000 dinars for every 100 dollars, which are the same prices recorded yesterday morning, Wednesday.

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. https://economy-news.net/content.php?id=52016

Central Bank: Closing the electronic platform will not affect the movement of remittances at all

economy | 09:47 - 01/16/2025  Mawazine News – Baghdad  The Central Bank of Iraq confirmed that closing the platform will not affect the movement of remittances at all, while noting that transfers through this platform until 12/23/2024 are less than 7 percent of total sales.

A source explained to the official newspaper, which was followed by (Mawazine News), that "the aim of this step is to control financial operations and work within the international scope in the process of foreign transfers and adopt the method of correspondent banks, which contributes to enhancing the stability of the financial sector in light of the current circumstances.

" The Central Bank also indicated that "strengthening the balances of Iraqi banks that have correspondent banks abroad will continue as is," explaining that this does not mean stopping "currency selling" operations, but rather a change in their mechanisms within a method followed all over the world. ‘

He added that the mechanism for strengthening bank balances has changed, as it is now done through the accounts of Iraqi banks with correspondent banks directly, instead of the accounts that were done through the Central Bank, and that this new mechanism is dedicated to meeting the needs of imports and foreign trade of goods, commodities and services, which contributes to supporting the financial and economic stability of Iraq. https://www.mawazin.net/Details.aspx?jimare=258658

Oil Prices Rise, Brent Crude At $82.37 Per Barrel
economy | 10:33 - 01/16/2025  Mawazine News - Baghdad   Oil prices rose for a second day on Thursday after a larger-than-expected drop in U.S. crude inventories added to supply concerns stemming from U.S. sanctions on Russian energy trade.

Brent crude futures rose 30 cents, or 0.4%, to $82.33 a barrel by 0120 GMT, after rising 2.6% in the previous session to their highest since July 26. U.S. West Texas Intermediate (WTI) crude futures rose 32 cents, or 0.4%, to $80.36 a barrel, after rising 3.3% on Wednesday to their highest since July 19, according to Reuters.

Prices rose after the U.S. Energy Information Administration reported on Wednesday that domestic crude oil inventories fell for a seventh straight week, the longest streak of declines since July 2021.

Global crude supply is expected to tighten in the coming months as new U.S. sanctions on Russian oil producers and tankers have prompted Moscow’s major customers to seek alternative sources of crude, while freight rates have also risen.

The International Energy Agency said in its monthly oil market report on Wednesday that the latest round of sanctions could significantly disrupt Russian oil supplies And distribute it.  https://www.mawazin.net/Details.aspx?jimare=258660

Instead Of "Granting It Exclusively To Foreign Banks", A Proposal To Offer The Dollar On "Trading Platforms"

Buratha News Agency1252025-01-16   Economic experts and specialists considered that the Central Bank's attempt to avoid responsibility for the currency auction and sale came through delegating this task to foreign banks instead of it, indicating that the bank should open the door to competition and put the dollar into circulation instead of sending it exclusively to some foreign banks.

Financial and banking researcher Mustafa Hantoush said on Thursday that the Central Bank seeks to avoid responsibility for the currency auction and foreign trade by authorizing foreign banks that have accounts in correspondent banks with the approval of their branches or foreign owners, according to the government newspaper Al-Sabah.

He pointed out that if the Central Bank wanted to reduce the gap in the dollar, it must open the door to competition between banks and rely on a basket of currencies to expand the options available in the market, calling for amending the criteria for evaluating local banks and raising their financial capabilities, which would contribute to achieving stability and increasing competitiveness, and thus stabilizing the dollar price.

Hantoush suggested the possibility of transferring the dollar to trading platforms in the stock market, to be sold to those entitled to it through direct transactions instead of sending the dollar exclusively to banks, stressing the need to organize these operations by switching to the "Forex" market, and implementing mechanisms that ensure that funds are not transferred until the goods arrive with the banks' guarantee.

He explained that these measures would increase tax revenues and limit illegal trade, which would contribute to strengthening the national economy.  https://burathanews.com/arabic/economic/455175

The Prime Minister Confirms That The Government Has Many Projects That The European Bank Can Contribute To Financing

Thursday 16 January 2025 14:43 | Economic Number of readings: 276  Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani stressed that the government has many projects that the bank can contribute to financing.

His media office said in a statement, "Prime Minister Mohammed Shia Al-Sudani received today, Thursday, at his residence in London, a delegation from the European Bank for Reconstruction and Development (EBRD), headed by the bank's president, Odile Renaud-Basso.

Al-Sudani expressed his appreciation for the bank's members' approval of Iraq's accession to it in October of last year, stressing the importance of the partnership with the bank, especially since it includes cooperation in many sectors that the government has placed among the priorities of its government program.

The statement added, "During the meeting, they discussed the mechanisms for implementing the agreement signed with the bank, which was previously voted on by the House of Representatives, and the role of the bank in developing the Iraqi private sector, in addition to discussing opportunities for cooperation in renewable energy projects, including solar and wind energy, to reduce carbon emissions and increase energy efficiency.

The Prime Minister stressed that the government has many projects that the bank can contribute to financing, including vital infrastructure projects such as roads, bridges and public transportation, especially in areas affected by the conflict, and technical assistance from the bank to strengthen and develop the banking sector in Iraq, noting the importance of the bank president visiting Iraq to explore potential cooperation opportunities.

The statement continued, "During the meeting, it was proposed to establish a joint working group to determine the priorities of the projects in which the European Bank for Reconstruction and Development will participate in Iraq. https://ninanews.com/Website/News/Details?key=1180402

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

Seeds of Wisdom RV and Economic Updates Friday Morning 1-17-25

 Good Morning Dinar Recaps,

BRICS: CHINA INTERESTED IN BUYING VOLKSWAGEN, GERMAN CARS

According to a Reuters report, BRICS member China is interested in buying various struggling German car factories, including Volkswagen. Volkswagen is one of several German automakers that is winding down production amid worries of closure.

However, China is reportedly interested in buying these factories for a foothold in Germany, a source close to Chinese government thinking told Reuters.

Buying the Volkswagen factory would allow China to build influence in Germany’s prized auto industry, home to some of the oldest and most prestigious car brands, the source says. Volkswagen is one of the most prominent companies in Germany: a signal of its industrial growth over the last century.

However, with an ongoing global economic slowdown, the country’s industrial companies are struggling. The move would be a huge one for China, allowing it to avoid EU tariffs by building cars in Germany for sale in Europe.

Furthermore, the move could pose a further threat to European manufacturers’ competitiveness, while putting China and BRICS in a higher position. Chinese companies have invested across a range of industries in Europe’s biggest economy already, from telecommunications to robotics. However, the move to buy Volkswagen and other German automakers would be the country’s first step into European auto companies.

@ Newshounds News™

Source:  Watcher Guru

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SEN. CYNTHIA LUMMIS ACCUSES FDIC OF CRYPTO OVERSIGHT MISCONDUCT, DEMANDS ACCOUNTABILITY

Lummis cited whistleblower claims the FDIC destroyed documents and silenced staff during a crypto oversight probe, sparking industry outrage.

U.S. Senator Cynthia Lummis (R-WY) has issued a scathing rebuke of the Federal Deposit Insurance Corporation (FDIC), alleging misconduct in the agency’s handling of digital asset oversight and threatening whistleblowers.

On Thursday, Lummis sent a letter to FDIC Chair Marty Gruenberg after whistleblowers alleged that the agency destroyed materials related to its crypto-related operations and threatened employees to silence them.

“The FDIC’s alleged actions are unacceptable and illegal,” Lummis wrote in her letter. The Senator has vowed to pursue the truth behind these allegations, calling for accountability from federal agencies involved in the oversight.

“The American people deserve transparency, and I will see to it that they get the answers they deserve,” Lummis wrote in a statement on Thursday.

The FDIC did not immediately respond to Decrypt's request for comment.

The allegations center on "Operation Chokepoint 2.0," a purported initiative to marginalize crypto firms by cutting off their access to banking services.

Whistleblowers reportedly told Lummis that the FDIC monitored staff access to sensitive materials to prevent Senate disclosures.

“The FDIC is attempting to hide Operation Chokepoint 2.0, and the FDIC must preserve all documents related to digital assets immediately,” Lummis wrote on X (formerly Twitter). “Tim Scott and I will get to the bottom of it.”

Tim Scott was sworn in as Senate Banking Committee chair after his predecessor, anti-crypto politician Sherrod Brown, lost to Bernie Moreno in the 2024 US. elections.

Lummis has instructed the FDIC to preserve all records related to its digital asset activities since January 2022 in her letter.

The senator detailed specific categories of documents to preserve, including communications about Signature Bank, Silvergate Bank, and crypto-related enforcement actions.

Lummis also demanded the preservation of all records tied to FDIC guidance and coordination with other federal banking agencies on digital assets.

The politician warned of criminal referrals to the Department of Justice if its found the FDIC “obstructed Senate oversight” and “knowingly destroyed materials.”

Operation Chokepoint 2.0: Allegations of Crypto Industry Targeting

Operation Chokepoint 2.0 mirrors an Obama-era undertaking, which targeted industries such as firearms dealers and payday lenders by pressuring banks to sever ties with these businesses.

Industry advocates claim this newer iteration focuses squarely on crypto, employing similar tactics to marginalize an entire sector through backdoor regulatory measures.

Last month, documents obtained via a Freedom of Information Act (FOIA) request by Coinbase revealed the FDIC directed banks to “pause all crypto asset-related activity” in 2022.

Crypto leaders such as Coinbase CEO Brian Armstrong and Custodia Bank CEO Caitlin Long have shared personal accounts of “debanking,” where financial services were abruptly withdrawn without reason.

Earlier this month, pro-crypto attorney John Deaton called Operation Chokepoint 2.0 a clear example of regulatory overreach driven by political motives rather than sound policy.

“This isn’t just a fight for crypto,” Deaton warned at the time. “It’s a fight against the erosion of institutional integrity and the unchecked power of unelected bureaucrats.”

@ Newshounds News™

Source:  Decrypt

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“Tidbits From TNT” Friday Morning 1-17-2025

TNT:

Tishwash:  Al-Sudani leaves London for Baghdad after concluding his visit to the United Kingdom

Prime Minister Mohammed Shia Al-Sudani concluded his visit to the United Kingdom today, Friday (January 17, 2025), and headed to Baghdad.

Al-Sudani's media office stated in a statement received by "Baghdad Today" that the latter "left the British capital, London, heading to Baghdad after concluding his official visit to the United Kingdom, which included the following:

- Meeting with His Majesty King Charles III of the United Kingdom.

- Meeting with British Prime Minister Keir Starmer.

- Heading the Iraqi delegation in the extensive bilateral talks between the two countries.

- Issuing a joint statement with the Prime Minister of the United Kingdom.

- Signing a broad partnership and cooperation agreement with the United Kingdom.

- Meeting with British Foreign Secretary David Lammy.

- Meeting with British Defense Secretary John Healey.

- Meeting with British Home Secretary Yvette Cooper.

- Meeting with the British Minister of Science and Technology.

- Receiving a delegation from the European Bank for Reconstruction and Development (EBRD).

- Meeting with former Prime Minister Ibrahim Al-Jaafari.

- Receiving representatives of 24 major British companies specializing in various sectors and activities.

- Receiving the CEO of Shell Oil Company.

- Receiving a delegation from Stellar Energy.

- Receiving a delegation from Technip Energy.

- Receiving a delegation from BAE Systems for military industries and cyber security.

- Receiving representatives of the company (UGT), specialized in renewable and clean energy.

- Receiving a delegation from General Electric Company (GE).

- Receiving representatives of four Irish companies specialized in different fields.

- Receiving a delegation from the British telecommunications company Vodafone.

- Meeting with the Chairman of the Board of Directors of the British Clayton Company.

- Receiving the President of the Oxford Centre for Islamic Studies in the United Kingdom.

- Receiving a group of British university presidents.

- Honoring the Prime Minister by the University of Greenwich, UK.

- The Prime Minister honored the Iraqi Professor Bashir Al-Hashemi for receiving the title of (Knight) from the King of Britain.

- Meeting a group of Iraqi students studying in British universities.

- Granting 20 study seats from the University of Greenwich to Iraqi master’s students in various specializations.

- Signing 12 memoranda of understanding in various specializations with British universities.

- Signing 8 memoranda of understanding between the Iraqi public and private sectors and British companies.

- Signing a memorandum of understanding with British Petroleum (BP).

- Signing a Memorandum of Understanding on Climate Change, Environment and Carbon Economics.

- Signing a Memorandum of Understanding between the Sovereign Guarantees Initiative Committee and the British Export Credit Guarantee Corporation.

- Participation in a dialogue seminar held by Chatham House in London.

- Participation in a financial seminar attended by major British companies and the Iraqi private sector.

- Holding a dialogue seminar for the Iraq-British Business Council (IBBC).

- Taking care of receiving archival documents related to Baath crimes.

- Meeting a number of members of the Iraqi community in Britain.

- Opening of the Iraqi Cultural Center in London.

- Receiving an archaeological tablet dating back to the Assyrian era. 

- The Cultural Advisor to the Prime Minister was sent to offer condolences to the family of the late architect Hisham Al-Madfai in London. 

Meetings and press interviews of the Prime Minister: 

- Meeting with a group of senior editors-in-chief of Arab newspapers, opinion writers, and Arab and foreign journalists.

- Conducting a televised interview with BBC Arabic and English.

- Conducting a televised interview with the English channel (SKY NEWS).

- Interview with the Financial Times.  link

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Tishwash:  Sudanese seeks technical assistance from EBRD to boost banking sector

On Thursday, the Iraqi Prime Minister, Mohammed Shia al-Sudani, requested technical assistance from the European Bank for Reconstruction and Development (EBRD) to strengthen and develop the banking sector in Iraq, while stressing that the government has many projects that the bank can contribute to financing, including vital infrastructure projects such as roads, bridges and public transportation.

This came during his reception at his residence in London of a delegation from the European Bank for Reconstruction and Development (EBRD), headed by the bank’s president, Odile Renaud-Basso.

According to a statement by the Prime Minister's media office received by Shafaq News Agency, Al-Sudani expressed his appreciation for the approval of the bank's members for Iraq to join it in October of last year, stressing the importance of the partnership with the bank, especially since it includes cooperation in many sectors that the government has placed among the priorities of its government program.

During the meeting, according to the statement, the mechanisms for implementing the agreement signed with the bank, which was previously voted on by the House of Representatives, and the role of the bank in developing the Iraqi private sector were discussed, in addition to discussing opportunities for cooperation in renewable energy projects, including solar and wind energy, to reduce carbon emissions and increase energy efficiency.

The Prime Minister stressed that the government has many projects that the Bank can contribute to financing, including vital infrastructure projects such as roads, bridges and public transportation, especially in areas affected by the conflict, as well as requesting technical assistance from the Bank to strengthen and develop the banking sector in Iraq, pointing out the importance of the Bank President visiting Iraq to explore potential opportunities for cooperation.

During the meeting, it was proposed to establish a joint working group to determine the priorities of the projects in which the European Bank for Reconstruction and Development will participate in Iraq, according to the statement.  link

Mot: .... Things that Keep Me up at Night!!! -- ssiiigghhhhhh!!! 

Mot: .... Just aSaying I Is!!! 

MilitiaMan & Crew Iraq Dinar News-Global Investment-United Kingdom-Central Bank Iraq-FOREX-10 Strong Currencies

MilitiaMan & Crew Iraq Dinar News-Global Investment-United Kingdom-Central Bank Iraq-FOREX-10 Strong Currencies

1-16-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=LT5cOdnOBTI

Seeds of Wisdom RV and Economic Updates Thursday Evening 1-16-25

Good Evening Dinar Recaps,

DONALD TRUMP TO DESIGNATE CRYPTOCURRENCY AS A NATIONAL PRIORITY

President-elect Donald Trump plans to make cryptocurrency a “National Priority” policy upon his inauguration, according to a Bloomberg report. The incoming administration also plans on creating a crypto advisory council, giving industry insiders a voice within his administration.

The incoming president has been a strong supporter of the crypto industry since his campaign, and experts in the industry expect that to continue upon his inauguration.

Many experts expect Trump to issue executive orders on the first day of his presidency that may address issues relating to cryptocurrency. 

Among these issues include de-banking and the repeal of a controversial crypto accounting policy requiring banks holding digital assets to count them as liabilities on the bank’s own balance sheet.

Donald Trump Further Prioritizes Cryptocurrency Sector

Trump’s plan to make the crypto sector a “national priority” is the most explicit sign yet that he sees the industry as crucial to the US economy. Still under discussion for inclusion in the executive order is a directive for all government agencies to review policies about digital assets and possibly pause any litigation involving crypto, according to Bloomberg sources.

Another big part of the order may be the establishment of a Bitcoin reserve. Donald Trump is supportive of establishing this reserve with seized Bitcoin to give the country an alternative way to pay off debt. The Bitcoin Policy Institute has already drafted an order to make Bitcoin a strategic reserve asset. It would require $21 billion in investment over one year.

The US government currently holds nearly $20 billion worth of Bitcoin, confiscated as part of various investigations, according to analytics company Arkham. Bitcoin has rallied 44%, to nearly $100,000, since the November election in part on hopes that such a stockpile would be created.

“President Trump will deliver on his promise to encourage American leadership in crypto,” stated Trump transition team spokesperson Brian Hughes. Furthermore, besides Bitcoin, the President-elect is reportedly open to creating an America-first strategic reserve for cryptocurrencies like Solana (SOL) and XRP, according to a report from the New York Post.

The news will likely spur cryptocurrencies like BTC, SOL, XRP, and altcoins to surge further in the coming days. Already, Bitcoin is creeping back up to $100,000, while Solana is etching closer to a new all-time high in the next month.

@ Newshounds News™

Source:  Watcher Guru

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TRUMP’S POTENTIAL TREASURY SECRETARY PICK ‘SEES NO REASON’ FOR US CBDC

The president-elect cannot officially nominate anyone until after he is inaugurated on Jan. 20, but the US Senate has been holding hearings to question his potential picks.

Scott Bessent, US President-elect Donald Trump’s anticipated pick for the country’s Treasury secretary, faced Senators in a hearing to explain his positions on financial issues.

In a Jan. 16 hearing of the US Senate Committee on Finance, Bessent responded to questions from Republican Senator Marsha Blackburn regarding a US central bank digital currency (CBDC).

The Tennessee lawmaker brought up Chinese officials introducing a digital yuan to foreign attendees at the 2022 Olympics and asked how Bessent could handle a potential digital dollar if officially nominated and confirmed in the Senate.

“I see no reason for the US to have a central bank digital currency,” said Bessent. “In my mind, a central bank digital currency is for countries who have no other investment alternatives. [...] Many of these countries are doing it out of necessity, whereas the US — if you hold US dollars, you can hold a variety of very secure US assets.”

The hearing noted that Bessent’s questioning was based on his “anticipated” nomination by Trump to be the next Treasury secretary, as the president-elect is not scheduled to be inaugurated until Jan. 20.

A former partner at the hedge firm Soros Fund Management and a donor to Trump’s campaign, Bessent reportedly made several statements suggesting he supported the US government’s efforts to promote crypto.

Changing administrations, changing positions on CBDCs?

In 2022, US President Joe Biden issued an executive order directing the Treasury Department to research the development of a potential CBDC. Though the initiative could help with financial inclusion for Americans, many Republican lawmakers have criticized a digital dollar as potentially compromising financial privacy and national security.

As a presidential candidate, Trump promised the crypto industry there would “never be a CBDC” while he was in office.

In May, the Republican-controlled House of Representatives passed the CBDC Anti-Surveillance State Act largely along party lines. The legislation would prohibit Federal Reserve banks from issuing CBDCs directly or indirectly.

The Senate Banking Committee received the bill from the House in June 2024. It’s unclear if or when the Senate will revisit the legislation following Republicans taking control of the chamber in January.

@ Newshounds News™

Source:  CoinTelegraph

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