“Tidbits From TNT” Sunday Morning 1-19-2025

TNT:

Tishwash:  Parliamentary Finance to Nina: Parliament will first approve the amendment to the budget law, then its schedules

The Parliamentary Finance Committee confirmed that the Council of Representatives will first approve the draft amendment to the General Budget Law, followed by the approval of the budget schedules later.

Member of the committee, MP Moeen Al-Kazemi, stated to the National Iraqi News Agency / NINA / that "the draft amendment to the General Budget Law relates to resuming oil exports from the Kurdistan Region fields at a cost of $ 16 per barrel instead of $ 6, and this is within the jurisdiction of the Ministry of Oil and the Prime Minister's advisors," noting that "the Ministry of Finance is not aware of the technical details related to this."

He explained that "the Finance Committee sought to mature and clarify the feasibility of the draft amendment to the law to the representatives, in order to pass the amendment to the text of Article 12, Second C of the General Budget Law."

He added, "The texts of the three-year budget 2023-2024-2025 are completely fixed except for the text that the government submitted an amendment to, and therefore the government decided to wait for the House of Representatives to ratify Article 12, Second C, to enable it to calculate the cost required to extract and transport oil from the fields of the Kurdistan Region," indicating that "the House of Representatives will first ratify the draft amendment to the General Budget Law and then proceed to ratify the budget tables later."

The House of Representatives is scheduled to hold its regular session this afternoon, Sunday, and its agenda includes voting on the draft first amendment to the Federal General Budget Law for the fiscal years 2023-2024-2025 No. 13 of 2023. link

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Tishwash:  Iraq tells US it looks forward to strengthening cooperation with America under Trump

 On Saturday, Foreign Minister Fuad Hussein informed the United States of Iraq's aspiration to enhance bilateral cooperation under the upcoming US administration headed by Donald Trump.

This came during the Foreign Minister's reception of the new Chargé d'Affaires of the US Embassy in Baghdad, Daniel Rubinstein, according to a statement received by Shafaq News Agency.

At the beginning of the meeting, Hussein congratulated Rubinstein on assuming his new duties, and while stressing the depth of Iraqi-American relations, he expressed Iraq's aspiration to enhance bilateral cooperation under the next American administration.

The meeting witnessed in-depth discussions on bilateral relations between the two countries, in addition to reviewing regional conditions, especially the situation in Syria. The two sides also touched on current political developments and the pivotal role played by Western countries, primarily the United States, in the course of events inside Syria, according to the statement.

According to the Iraqi statement, the two parties discussed the outcomes of the Riyadh Conference on Syria, which witnessed the participation of the US Under Secretary of State, and stressed the importance of following up on the recommendations that emerged from the conference.

At the end of the meeting, Hussein stressed the importance of strengthening cooperation between Iraq and the United States, in a way that serves common interests and contributes to achieving regional stability  link

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Tishwash:  Iraq calls on the world to conduct a comprehensive reform of the financial system and a dialogue on technology governance

The representative of Iraq to the United Nations in New York, Abbas Kazim Obaid, in his capacity as Chairman of the Group of 77 and China, delivered the group’s statement during the session of the United Nations General Assembly in which the Secretary-General reviewed the priorities of his term for the year 2025, in light of the circumstances and challenges facing the international community.

In his statement, the representative of Iraq stressed the complex and interconnected global challenges, including ongoing conflicts, the effects of climate change, poverty, hunger, high debt levels, limited financing for the Sustainable Development Goals, and the growing digital divide. He stressed the need to support developing countries in financing sustainable development through the Fourth Conference on Financing for Development.

He called for a comprehensive reform of the global financial system to address structural inequalities, ensure equitable access to long-term finance, and advance sustainable development efforts.

He also stressed the importance of fully implementing the decisions of the Conference of the Parties on Climate Change, while supporting the Secretary-General’s efforts to achieve the Sustainable Development Goals by 2030.

Obaid also called for a comprehensive international governmental process to address the digital divide, the establishment of an independent scientific team for artificial intelligence, and the launch of a global dialogue on technology governance. link

Mot: Sitting in Grandpas chair  

Mot: ... so much to do!!!!  

More News, Rumors and Opinions Saturday PM 1-18-2025

KTFA:

Parliament publishes Sunday's session agenda.. 8 paragraphs including amending the budget law

Baghdad - 964

The media department of the House of Representatives published, on Saturday, the parliament’s agenda for the session next Sunday, corresponding to January 19, which includes 8 paragraphs, including the first amendment to the Federal Budget Law.   LINK

Ariel : The Answer Shouldn’t be Hard

The Answer Shouldn’t Be Hard:

What do you all think this action would be?

What is the one thing above all that will solve this issue?

What have you been reading on my page for the past few years?

What are a dozen other countries waiting for to solve their liquidity issues?

What is the one thing that will instantly fill our reserves?

Elon Musk:  Major and immediate action is needed to prevent America from going bankrupt

Department of Government Efficiency: The last time a comprehensive review of the federal government was completed in 1984, the budget was $848 billion, national debt was $1.6 trillion & debt to GDP ratio was 38%. The budget is now $7 trillion, the national debt is $35.3 trillion & the debt to GDP ratio is 121.6%. Source:

https://www.cagw.org/thewastewatcher/proposed-musk-efficiency-commission-could-save-trillions

https://dinarchronicles.com/2025/01/17/ariel-prolotario1-the-answer-shouldnt-be-hard/

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

Mnt Goat  Article quote:  “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,” ... WOW! WOW! WOW!  Did they just suggest using the trading platforms in the stock market i.e FOREX…. You gotta luv it… Music to my ears….

Jeff   Question:  "How long IYO will we have to exchange our 3-zero notes before they are rendered non-negotiable?"  Jeff:  ...When they phased out the old Saddam Swiss notes and put the new notes into circulation everybody had 90 days to turn in their old Saddam notes and get the new ones.  They used to have a 50 note up until 2012.  They phased out 50 note and replaced it with the 50,000 note. When everybody had to turn in their old 50 note they had 90 days as well.  My opinion is that we're all going to have 90 days to turn in our notes because that's how long they had historically from two different scenarios to turn them in.

The Foundations Of The Global Financial Markets Are Shifting...

Lynette Zang:  1-18-2025

Today's video is about the treasury markets, why things are looking very scary and why you should be paying attention to what is happening. There has been a major shift in the foundation of the global markets, you need to be prepared...

https://www.youtube.com/watch?v=-eViFt29KC8

BRICS to Expand Ranks in 2025; Gold to Reach $3200?

Swiss America Trading:  1-18-2025

One of the geopolitical challenges of 2025 is the BRICS nations' continued expansion; as over 20 more nations have applied to become part of the alliance.

 While the league's growth could change the balance of global economic power, Swiss America's Dean Heskin and Chris Agelastos break down the ripple effects.

https://www.youtube.com/watch?v=Un7MmXtd6us

Iraq Economic News and Points to Ponder Saturday Afternoon 1-18-25

An Economist Reveals The Secrets Of The Domestic Debt.. Will It Hit Banks And The Pension Fund?

Time: 2025/01/18 Read: 1,508 times  {Economic: Al Furat News} Economic expert, Salah Nouri, revealed the most prominent reasons for the rise in the internal public debt in Iraq.

Nouri told {Euphrates News} that "relying on financing the budget deficit through domestic debt instead of external debt is the main reason for the increase in domestic debt," explaining that "this approach directly affects the cash liquidity of government banks and the State Employees' Retirement Fund."

He added that "domestic debt, which relies heavily on government banks and the pension fund, reduces the ability of banks to invest in the private sector by lending to development projects, which weakens their role in supporting the economy. This situation also weakens the pension fund's ability to fulfill its financial obligations."

According to the expert's statement, "domestic debt can be positive if directed towards supporting local agricultural and industrial production, as this contributes to reducing imports in foreign currency (dollars) and strengthening the national economy."

Regarding reducing inflation, Nouri stressed that "there are several tools that can be used, most notably controlling the stability of the dollar exchange rate and diversifying revenues away from total reliance on oil, which is characterized by volatility in global markets."

He also stressed "the importance of reducing public spending in the budget, especially unnecessary spending, to achieve sustainable economic stability."  LINK

Salary Disbursement Outlet Owners Respond To Central Bank Governor’s Statements By Announcing A Strike
Saturday 18 January 2025 09:00 | Economic Number of readings: 349  Baghdad / NINA / The owners of salary disbursement outlets announced a general strike throughout Iraq, starting from the twentieth of this month, in response to the statements of the Governor of the Central Bank, Ali Al-Alaq, in which he indicated that the outlets do not have an official license or permit to work and take unofficial commissions. /  https://ninanews.com/Website/News/Details?key=1180652

Dollar exchange rates fall in Baghdad, Erbil and Basra
Saturday 18 January 2025 11:00 | Economic Number of readings: 130

Baghdad / NINA / The dollar exchange rates witnessed a slight decrease today, Saturday, in the markets and exchange offices of the capital, Baghdad, Erbil and Basra.

The selling price of the dollar in Baghdad exchange offices was 151,750 dinars, and the purchase price was 150,000 dinars, for 100 dollars.

In Erbil, the selling price of the dollar was 151,750 dinars, and the purchase price was 150,000 dinars, for 100 dollars. / End   https://ninanews.com/Website/News/Details?key=1180690

The Central Bank Of Iraq Denies The Intention To Close Cash Delivery Outlets

Banks    The Central Bank of Iraq called for caution in transmitting and circulating news about the closure of exchange outlets, and confirms that no decision, directive or statement has been issued regarding the closure of outlets or their conversion into exchange companies.

The Central Bank said in a press statement that its recently issued statement stipulates expanding the spread of cash delivery outlets through all available channels, including ATMs, POC cash payment devices, as well as authorized exchange companies, electronic payment company outlets, and POS electronic payment devices spread throughout Iraq.

The bank stressed the need to transmit news from its official sources, which are published on its official website and its verified social media pages.

He stressed that the Central Bank's circulars issued to all parties in the Iraqi financial and banking sector included directing banks and non-banking financial institutions to expand their financial services in areas that lack the aforementioned services.   https://economy-news.net/content.php?id=52055

Head Of The Security Media Cell: Iraq Is An Ideal Model For Tourism And Investment

Saray axis in old Baghdad  Local  Economy News – Baghdad  The head of the Security Media Cell, Major General Saad Maan, confirmed on Saturday that Iraq has become an ideal model for tourism and investment, noting that choosing Baghdad as the capital of tourism is a clear message that the capital is safe.

"In conjunction with choosing Baghdad as the capital of tourism, we confirm that the situation in the capital Baghdad and Iraq is completely safe," Maan said in a statement reported by the official news agency, and seen by "Al-Eqtisad News", indicating that "the factors of attraction for tourists are 100% available." He

added that "Iraq is an ideal model for tourism and investment," noting that "the government's communication with various segments and sectors is important to show the true image of the country."

He pointed out that "we attended today at the Syndicate of Journalists with the creators of purposeful content; to send messages of security and stability and to show the true positive reality of Iraq."

The Iraqi Journalists Syndicate launched, today, Saturday, the Association of Purposeful Content Creators in the Syndicate.

The official spokesman for the Journalists Syndicate, Mohammed Salam, said in a statement reported by the official news agency, and seen by "Al-Eqtisad News", that "the Syndicate today launched the Association of Purposeful Content Creators, and today it has become an integral part of the Syndicate and among the Syndicate's formations, and it will be the initiator of creating a real public opinion to defend Iraq and Iraqi society," noting that "this association is the adopter for the arrival of these celebrations or these Iraqi and national occasions to the world."  https://economy-news.net/content.php?id=52069

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

Seeds of Wisdom RV and Economic Updates Saturday Afternoon 1-18-25

Good Afternoon Dinar Recaps,

RIPPLE EXEC MAKES BOLD 2025 STABLECOIN PREDICTION: DETAI

Jack McDonald, SVP of Stablecoin at Ripple, has made a bold prediction for the stablecoin market, declaring 2025 as "the year of the stablecoin." McDonald stated that as U.S. regulation advances, the stablecoin market will benefit from clearer guidelines and standards. 

This regulatory clarity is expected to foster greater trust, paving the way for broader adoption. The Ripple SVP expressed optimism that Ripple and its stablecoin, RLUSD, are well-positioned to lead the charge in this new era.

2025 is the year of the stablecoin. As US regulation advances, standards will evolve, innovation will expand & real utility will take off. Ripple and RLUSD are ready to lead the charge," McDonald wrote in a recent tweet.

The stablecoin supply is increasing — currently boasting a market cap of nearly $216 billion and with projections of nearly $3 trillion within the next five years.

Ripple expands its horizons

While Ripple's enterprise blockchain solutions have grown to support a larger range of financial use cases, such as asset tokenization and custody, cross-border payments were the company's first application of blockchain technology.

Ripple Payments has processed more than $70 billion in payments to date, and the introduction of RLUSD adds another blockchain-powered payment option for cross-border transactions.

@ Newshounds News™

Source:  U Today

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$111,000,000,000 IN UNREALIZED LOSSES COULD HIT BANK OF AMERICA AS 10-YEAR TREASURY YIELD MOVES HIGHER: REPORT

Unrealized losses on Bank of America’s balance sheet are ballooning amid rising bond yields, according to a new report.

Bank of America’s unrealized losses on mostly US agency mortgage-backed securities could jump to $111 billion in the fourth quarter of 2024, an increase of 29% from the previous quarter, reports Barron’s.

Bank of America’s held-to-maturity assets stood at $568 billion as of the third quarter of 2024, according to a regulatory filing, including an unrealized loss of $86 billion at the time.

The bank’s unrealized losses continue to widen as the yield on 10-year US treasuries nears 5%.

And most of Bank of America’s held-to-maturity debt securities are comprised of agency mortgage-backed securities, which are witnessing similarly rising yields.

BofA’s unrealized bond losses are the highest in the industry. By comparison, the nation’s largest bank JPMorgan Chase has about $20 billion in unrealized losses as of Q3 2024.

In its Quarterly Banking Profile report issued in December, the Federal Deposit Insurance Corporation (FDIC) said the number of US lenders on its “Problem Bank List” rose to 68 in Q3, with total unrealized losses at all major banks standing at $364 billion.

@ Newshounds News™

Source:  DailyHodl

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BRICS: ANALYST CALLS US DOLLAR ‘GROSSLY OVERVALUED’ & HERE’S WHY

The last two years have seen the global south orchestrate its very own de-dollarization initiative. Seeking to promote local currencies, was a way to combat the growing influence the West had on global finance. Although the greenback has maintained much of its strength amid BRICS action, one analyst has called the US dollar “grossly overvalued.”

The sentiment is tied to the overwhelming influence that the US dollar maintains. Currently, the state of Mississippi, the poorest state in the country, is richer per capita than either the United Kingdom or Japan. Although the reason for this reality can be debated, one economist notes it is likely due to the overwhelming overvaluation of the currency.

US Dollar Called ‘Overvalued’ by Economist: Can That Push BRICS De-Dollarization?

2025 was always set to be a vital year for the BRICS alliance. With US President-elect Donald Trump returning to the White House, things are bound to change. The alliance has struggled with ongoing Western sanctions and answered with their own de-dollarization efforts. Yet, the returning President, unlike his predecessor, appears less enthused to sit by and allow such efforts to take place.

To this point, those efforts have failed. Indeed, Trump’s return has pushed the world’s global reserve currency to tremendous heights. Yet, the reason for that has recently come into question. Amid BRICS opposition, one analyst has called the US dollar “grossly overvalued” in a recent report.

“The poorest state in the US—Mississippi—has a per capita dollar income that is higher than those of the UK, France, Italy, and Japan and is only slightly lower than Germany,” Stephen Jen of Eurizon SLJ said in a Financial Times piece.

“Does this make sense to you?” Jen added. “To us, this is another proof that the dollar is grossly overvalued, inflated in part due to the supersized fiscal program.” There is evidence for the claim throughout the US economy. Indeed, the report notes that many SU gas station managers earn more than European doctors.

Ultimately, Jen notes that the “US fiscal posture is unsustainable.” Indeed, it is going to require a massive initiative to bring down its deficit, or major problems will soon arise. The question is, can Trump and his incoming DOGE commission handle such a lofty task? However, what does this reality mean for the budding BRICS alliance?

@ Newshounds News™

Source:  Watcher Guru

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ECB IS LOOKING FORWARD TO 2025 WITH THE DEVELOPMENT OF THE DIGITAL EURO AND THE ACCOMPANYING EU LEGISLATION

Christine Lagarde, President of the European Central Bank (“ECB”), is expecting European legislation for the digital euro. According to her, the European Commission will propose legislation for establishing a digital euro in the near future.

“We are in the preparation phase and we are expecting European legislation,” she said in her New Year’s message.

On the first day of the new year, Lagarde posted a video message announcing that the development of the European Union’s central bank digital currency (“CBDC”) – the digital euro – was in phase 2 and the ECB is “expecting legislation.”  

“Another significant development on the horizon is our digital euro. We are in the preparation phase and we are expecting European legislation,” she said. “Once that is done, we will decide whether we move forward with developing a digital form of cash.”

Lagarde wished those who watched her video a “very, very great start to 2025.” Well, the ECB’s aspirations, as she described them, begin the year on a very, very bad note and in wishing Europeans well she is speaking with a forked tongue.  Take for example the two blatant lies Lagarde told in her message.

Firstly, they would not be legislating for a digital euro if they were not intending to “move forward” with the agenda.  So, it’s not a case of deciding “whether” to move forward but rather the decision has already been made.

Secondly, CBDCs are not a “digital form of cash.”  They are tokens which can be programmed to be used only for certain items or services and to expire – much like a gift voucher system which retailers use. 

Vouchers are for a specific amount to be used on specific items or in specific retailers and expire within a specified time; the retailer’s rules and conditions apply.  It is because of the programmable and centralised nature of CBDCs that they will be used to control who can buy or sell what, when and where; the central bank’s rules and conditions will apply.

Do You Trust Christine Lagarde?  If So, You Shouldn’t

Read more at link below to hear her video and find out who she is:
Convicted Criminal and Eugenicist and Depopulationist.

@ Newshounds News™

Source:  Expose News

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Thank you Dinar Recaps

Repeated Sanctions will Force Central Banks into Gold Ownership

Repeated Sanctions will Force Central Banks into Gold Ownership

Palisades Gold Radio:  1-17-2025

The global financial landscape is shifting, and a confluence of factors is pointing towards a potentially significant increase in central bank gold holdings.

In a recent discussion on Palisades Gold Radio, hosted by Tom Bodrovics, financial experts Bob Thompson from Raymond James and Larry McDonald, creator of the Bear Traps Report, delved deep into the complexities of inflation, sovereign debt, and the future of the US dollar.

Their analysis suggests that the era of unchecked monetary expansion and reliance on fiat currencies may be nearing a turning point, potentially ushering in a new era for gold.

The core issue, as highlighted by Thompson and McDonald, is the staggering $16 trillion debt increase witnessed since 2008. This surge, driven by expansive fiscal and monetary policies in response to various crises, has unleashed significant inflationary pressures. The consequences are particularly evident in the spiraling costs of energy and a mounting strain on long-term bonds. This is creating a challenging environment where market forces are potentially pushing the US dollar and bond markets towards a breaking point, suggesting a need for assets tied to something more tangible.

The strength of the US dollar, a dominant force in global finance, is also under scrutiny. While a strong dollar might seem beneficial, it creates complexities for US exports and American companies with international operations.

As Thompson and McDonald explained, a strong dollar makes American goods more expensive and hurts companies dependent on international sales. It also puts pressure on the Federal Reserve to buy bonds to maintain stability, inadvertently fueling inflation and potentially weakening the overall economy. The internal political tensions around a strong dollar make its future more unstable and difficult to predict.

This instability, coupled with a growing lack of trust in the US government due to sanctions and geopolitical tensions, is driving central banks to diversify their reserves. Instead of relying solely on US Treasuries, many are increasingly turning to gold.

 This shift is not merely an investment decision; it’s a statement of geopolitical risk aversion. Central banks are recognizing gold as a reliable store of value, a haven during times of uncertainty.

Despite these underlying trends, gold stocks have underperformed the S&P 500 recently. However, Thompson and McDonald believe this creates an opportunity for investors looking for asymmetrical returns. With interest rates expected to remain low and inflation potentially normalizing at a higher level than the previous decade, gold could see significant appreciation.

The conversation also dived into historical gold investing regimes and the current move back towards more favorable conditions. During periods of negative or low real interest rates, gold has historically performed well.

This recognition of long-term trends and identifying opportunities ahead of the curve, as the experts highlighted, is key to successful investing.

Furthermore, even the Fed’s inflation target could be shifting. A move towards a 3% target, as was discussed, could be a boon for certain investment portfolios. Sectors like industrials, metals, materials, oil, and gas could all benefit from this environment.

In summary, the narrative is clear: the current global financial system is under significant pressure.

 The combination of rising debt, inflationary pressures, geopolitical tensions, and a growing lack of faith in the US dollar is pushing central banks towards a seemingly inevitable conclusion – increased gold ownership. This shift, while still in its early stages, has the potential to reshape the global financial landscape for years to come.

Investors would be wise to recognize these trends and position their portfolios accordingly. This is not just about chasing returns; it’s about navigating the changing tides of global finance.

https://youtu.be/RvHZ6_1vpaU

News, Rumors and Opinions Saturday 1-18-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 18 Jan. 2025

Compiled Sat. 18 Jan. 2025 12:01 am EST by Judy Byington

Possible Timing:

Fri. 17 Jan. 2025: The Intel has broken down into two factions: The “It’s tonight” faction and the “After the inauguration” faction. …Mike Reed

Both sides agree on the following: It’s done. Toasted. Roasted. Finished. 165 degree internal temperature. There is nothing left that needs to be done from a paperwork or agreement perspective. Everything is signed, sealed and delivered. HCL: DONE. GOLD TREATY: DONE. TRADE AGREEMENTS: DONE. CODES ISSUED AND READY: DONE. RATES: DONE. NEW TREASURY NOTES IN BANKS: DONE.

Points favoring the “It’s tonight,” Faction: They can make the announcement in the mosques tonight, which we’ve always been told they would do. The FOREX would be closed. It’s too late for Biden to get credit for it. Yellen would have less than 48 hours to respond. It might precipitate a dollar crash when the FOREX reopens on Sunday, which is the perfect cover. The Iraqi’s fear that Trump, once in power, will halt the proceedings and try to secure a better deal for the United States, so they MUST go now before he gets in. They insist that the Dinar revaluation will be announced tonight at midnight eastern time.

Points favoring the “After the inauguration,” Faction: Trump gets full credit. Biden cannot steal or interfere. The inauguration itself gives cover in the news. It would still look like a mess that Biden handed over to Trump.

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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 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.

Thurs. 16 Jan. 2025 Bruce: The Green Light has been given. The RV is supposed to be released overnight tonight to Bond Holders. Today the Iraqi Dinar was on the Forex and trading upward. Tier4b (us, the Internet Group) should be notified to set appointments before Mon. 20 Jan. and can ask for the higher Dinar Contract Rate which appears to be based on the price of oil. Banks have had the new US Note in stock for over a year and a half and will be releasing it.

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

Read full post here:  https://dinarchronicles.com/2025/01/18/restored-republic-via-a-gcr-update-as-of-january-18-2025/

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

Walkingstick  The black market is pretty much dead now.  There is no money for the corrupt to funnel the national currency out o the country...Cancellation of the auctions was brilliant... Nothing is affecting the monetary reform.  Nothing is touching the IQD exchange rate...That is badass.

Militia Man   Iraq hasn't been on the Forex market at 1310 in an International capacity.  Are they ever going to do that?   I don't think so.  When they start mentioning, first time in a long time, coming from the Central Bank of Iraq...telling you exactly what they've done...You're going to see a theme and that theme is, going international.  When they mention Forex, I have not seen them talk about this ever before...Take that whole thing very serious because it's powerful...

Iraq Celebrates Operating on Global Stage at UN IQD Rate Developing News

Edu Matrix:  1-17-2025

Iraq Celebrates Operating on Global Stage at UN IQD Rate Developing News - Join us as we delve into a historic moment for Iraq! In this eye-opening report, we cover the reception organized by Iraq's Permanent Mission to the United Nations, marking the country's chairmanship of the Group of 77 and China.

With insights from Deputy Prime Minister Fuad Hussein and Iraq's UN Representative Dr. Abbas Kadhom Obaid, discover how Iraq is striving for unity and collaboration among developing nations to tackle global challenges like climate change and poverty.

Witness the commitment to multilateralism and the 2030 Agenda for sustainable development, ensuring no country is left behind. This event signifies a pivotal step towards Iraq's economic progress on the world stage.

https://www.youtube.com/watch?v=XiBtlixVC9Q

Weekend Coffee with MarkZ. 01/18/2025

Weekend Coffee with MarkZ. 01/18/2025

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: Welcome to the weekend….anticipation is huge!!!!

Member: I hope everybody is ready for whatever this big week has in store for us!!

Member: Morning mark.. tell us something good.

MZ:  Not a huge amount of news this morning…but I did hear from 2 sources with similar information that made me feel good.

MZ: I had both an Omega (Prosperity Package) contact and a CMKX contact that were both told yesterday by those involved in the process -that is was 72 hours until dollars. They were told this late yesterday afternoon.

MZ: This is pretty exciting because the PP source has not heard anything from the group in over a year. I really like that it came from two different contacts on two different platforms.

Member: Great News Mark!! Final Countdown to freedom for us all –we hope

Member: That matches what other intel folks are saying….wooohoo.

MZ: I also have some stories to share this morning on the dinar.

MZ: “The Tripartite budget and its final year” they did the budget this way because it includes a mechanism for a “value change”

MZ: I believe we are in the final days before we get the final flip or switch or change of the purchasing power of the dinar

Member: I am truly excited for the next two days!

MZ: “Parliamentary finance reveals the objectives of revealing the federal budget”  This happened today. I am told they expect the vote or third reading on this tomorrow. I am very optimistic on what is happening in Iraq this weekend and would not surprise me if they raise that value soon.

MZ: “Federal Reserve withdraws from global regulatory climate change group” …..They are throwing in the towel now that Trump is coming…….A number of people are writing their farewells ect….From Federal Reserve , To Janet Yellen, To IRS folks…….many are leaving before the Trump inauguration.

MZ: In my opinion the Federal Reserve will be absorbed into the US Treasury …..

MZ: “Yellen: Debt limit will be hit the day after Trumps inauguration”  Reading this today I had an “AHA” moment. Congress had extended the debt limit until Trump got into office. It was supposed to keep things funded until March giving the new administration time to deal with it.

MZ: The Biden admin has spent 30% of the entire budget for 2025 in the last few weeks. They were spending at a record rate. Now the new congress and president Trump on Day 1 (because of overspending) will hit the debt limit. This means they will have to go to emergency dollars and extraordinary measure to keep the lights on.  This was sabotage of the US government and the American people. IMO……

MZ: Of course it they enact Nesara – we are in golden shape….

Member: What a great time to suddenly switch to a gold backed dollar, new financial system and a reset of currencies!!!!.

Mark…did you get my email about Banknote World closing there store front. 100 trillion is still open. Have you heard anything??

MZ: that is interesting…..It suddenly shut down but its sister site is still up and running. One of them ut up a 50K dinar note for $9,999.00 for sale. But my guess is they can’t get inventory right now.

Member: I went to get dinar from exchange today….. none available this weekend

MZ: A number of sites are having trouble getting inventory right now.

Member: Goldilocks posted no RV without XRP.

Member: I think we have all been so stressed out over the years! It will be great to celebrate again!

Member: According to Dr. Kia, all the planets line up and will be visable on Tuesday, the 21st.

Member: 6 Planets Lining up on Monday-

Member: Hope everybody has a great weekend!! Stay safe and warm

Member: See you all Monday morning and have a very blessed weekend. I appreciate you all very much.

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

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Bruce’s Big Call Dinar Intel Thursday Night 1-16-25

Bruce’s Big Call Dinar Intel Thursday Night 1-16-25 

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It's Thursday, January 16, and you're listening to the big call. Thanks for tuning in again for us, with us, and thank you everyone for paying attention and riding this long ride with us again. We love you and we thank you for tuning in. We love the fact that we still are getting out the call, all over the world.  Thank you Sat team for doing that.

Let's switch gears for a minute. Let's get into Intel. It's getting closer, guys, I can tell you, I was looking for the possibility of us to be notified today, but we did hear and I got a text very early this morning.

That was 4:54 this morning. And no, I wasn't up reading it at that hour. Sorry. I caught it a little later in the morning, but it said that the dinar, the Iraqi dinar, which is the linchpin of all of the currencies that are going up in value, these exotic currencies that are going up into Normal trading ranges, was on the Forex today, and it was on this morning at 4.19 and since that time, it increased up on the forex to 4.52 this afternoon, and it's probably still going up.

 And as you guys know, forex trades around the clock in different markets that are watching it and up and trading it. But that's pretty cool, and it doesn't mean our rate is going to be there, or even the bank rate is going to be there. It could be higher, and I know it is higher now than that, even at the banks.

But we're most concerned with the dinar at the contract rate, which our contract rate on the dinar is tied to North Sea Brent crude oil, which seems to be the price that Iraq is sold their oils for

it's within $1 or so of whatever the North Sea Brent crude price is, and if it's 80, well, that's what the contract rate is, and that's the North Sea Brent crude price yesterday. So it sort of it fluctuates a little up, a little down, but it's it's trending up, it's trending higher. So that's a good thing to be aware of

What I like is the fact that we do have some contacts that are important. One of the major banks, that's kind of international bank that is over international redemption centers, is indicating that the latest indication was that we would be in that there would be releases tonight and overnight. Tonight,

 I think this is referring to notifications to bond holders, to platform participants or their their leaders, their pay masters, and also, when it says releases overnight, it's possible that we wake up To notifications tomorrow. I say possible, because the same banking institution is suggesting that we could, and I'm going to say that's the operational word. Could be notified Friday or Saturday and begin exchanges prior to the three day weekend.

Or let's put it this way, prior to Monday. Monday, as you know, is Martin Luther King Day, and it's also Inauguration Day, and the banks is a federal holiday, and the banks will be closed. And because of that, I don't think we're going to see any activity on Monday for us.

But if we get started tomorrow with numbers and we exchange starting Friday, tomorrow, 17th, we would do Saturday the 18th, and we would skip over Monday and resume on Tuesday, or we would skip over Sunday, excuse me, and Monday. No, I've got that wrong. I'm going to rewind that in my mind.

If we started tomorrow, and we could start exchanges on Friday, we would also go Saturday and Sunday at the redemption centers, not the banks, but at the redemption centers. Then we would skip over Monday and resume on Tuesday. That's if it were to start Friday or Saturday. That would be the the timeline.  which is exciting.

Now, listen, I have been told two different things. I've been told that we would get started Friday or Saturday, and I've also been told we could start if they don't let it go, and that's how they put it if they don't let it go this three day weekend, really it's four day if you count Friday, and they tend to count Friday, but if they don't let it go Friday or Saturday,  then We're looking at a Tuesday start after President Trump has been inaugurated on Saturday at noon.

Now  I've been told forever that we don't have to wait on President Trump to get back in the saddle, back in as he's already been commander in chief. And some say he's always been President. I think he's, I don't want to say what I think, but I think that for him, for us to get this prior to his inauguration, would be fantastic. That'd be awesome. I'd love to see it tomorrow or Saturday, and right on through, enjoy the inauguration and go from there.

Now, if it doesn't happen and we see it on this on the 21st which is Tuesday, then so be it. Then what I've been told in the past about he doesn't have to be back in the White House for this to go was it for us?

And I was misinformed. But there's a there's a high possibility, if the releases started tonight  and I think we're talking about releases to bond holders to platforms to tier four. If that starts tonight and tomorrow morning we wake up to it, or we get it tomorrow and start setting our appointments in a teaching then we're so much the better. And I'm excited about that possibility, so I'm presenting both sides of what I have  heard.

The latest thing we got from that major international bank was Friday, Saturday. The earlier information we got from that major bank was, if they can, if they let it go this weekend than we get obviously, and if they don't let it go, we'd start Tuesday, the day after President Trump is sworn in

on inauguration day. Now this is more information that I found interesting was, remember, we talked Tuesday about one inaugural ball that was advertised, one with specific The All American ball, and that's, you know, on Capitol Hill at the Hyatt Regency Hotel.

And that's on the 18th, which is Saturday. But we found out that there are 29 gala events and balls, you know, inaugural balls, that are scheduled in the DC area, most of them in DC, some in the outer outlying areas like Arlington  Virginia, and one in Baltimore, I think, is at the harbor, one of the major hotels at Baltimore Harbor.

 So quite a bit scheduled, quite as planned, evidently. And it just was released, I guess, today. But that's interesting. I mean, there's 29 and, yeah, one was at the MGM, I don't know what, if it's grant or just MGM hotel in Baltimore Harbor, so in the DC area, that's going to be that's really good

I'm looking forward to watching that. I'm looking forward to that. I believe it's going to be a good eastern time on the 21st it's Martin Luther King Day, both on the same day, and I think that would be a good thing to do

Now, in addition to that, that's really the intel we want to know. When we want to know what's going on. This is redemption centers. We're talking about. We're talking about contract rate on the dinar at the redemption center. Nobidy knows where they are - I know where a few of them are, because we know five leaders of redemption centers personally.

But beyond that, it's a matter of just getting that toll free number – using it – calling it . You call it, setting your appointment. Boom, off you go. Gonna be great. Make sure you don't forget courtesy when you go in, you know, and if you do, you better drive home again, if has but be careful, guys, and don't arrive more than 10 minutes before your scheduled appointment time, not more than 10 minutes.

And this thing should run like a well oiled sewing machine, like a Singer sewing machine, and they're ready for us. I know they're ready after all this time and prep. I think they're actually ready.

The most you can take at the redemption center, in terms of new currency United States Treasury notes, is $500.05 bills, five smackers. That's it.

 They don't want us going out with more than 500 bucks. If you want more cash than that of the new money, you're going to go back later to the bank, maybe the next day or so.

We can only assume that the new currency will be out in the banks when we're in for our exchanges, it should be, should be operational, or it should, let's see, the banks have had it for a year and a half.

So have the redemption. They've had it the new currency. They just don't have it in the telcos yet. But they might soon -  like this by a couple of days. They might not bring it out till Tuesday.

Don’t know , just saying, but we can come there with 500 different and it comes out of your total. You're going to get aQ phone as well. If you're a zim holder, one per customer Q phone. It's a satellite phone  that work all over the world. It's like a satellite phone with using the starlink satellite system and it is secure to move money from your quantity into your primary and secondary bank accounts.

So we'll see what's going to be able to do. I think it's going to be kind of amazing that we can do that, you know, securely. Let's see what else.

 We don't have time if they're coming out tomorrow, if, if they're coming out Saturday, when they're coming. We just don't have it. But we did hear later tonight that we had an image of a green light. You know green light means go. Of a green light indicating everything is a go. Releases have begun and will continue overnight. Now that's what I'm getting. I'm only giving you what I received. ‘

You guys have a great weekend. This should be an excellent weekend between the timeline that we created, starting Tuesday to the to the Martin Luther King day on Monday and the inauguration on Monday. And then we're we are definitely off to the races, if not before we would be on Tuesday, off to the races, and maybe as early as Friday or Saturday. So let's pray the call out

Bruce’s Big Call Dinar Intel Thursday Night 1-16-25 REPLAY LINK   Intel begins   1:18:58

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Bruce’s Big Call Dinar Intel Tuesday Night 1-14-25 REPLAY LINK   Intel Begins  1:03:43

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Bruce’s Big Call Dinar Intel Thursday Night 1-9-25 REPLAY LINK   Intel begins   1:14:34

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

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

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

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

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

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

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

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

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Seeds of Wisdom RV and Economic Updates Saturday Morning 1-18-25

Good Morning Dinar Recaps,

BORROW WITHOUT SELLING: A LOOK AT COINBASE’S NEW BITCOIN LENDING SOLUTION

Coinbase has partnered with Morpho to launch a Bitcoin-collateralized USDC lending service on Base blockchain, allowing US users to borrow up to $100,000 without selling their Bitcoin.

▪️Coinbase and Morpho have partnered to offer Bitcoin-backed USDC loans up to $100,000 on the Base blockchain, with Bitcoin automatically converted to cbBTC as collateral

▪️The service is currently available to US customers (except NY state), with plans for global expansion, particularly targeting the EU market

▪️Interest rates are variable and determined by Morpho’s market-driven mechanism, with no fixed repayment schedule

▪️Loans are positioned as a tax-efficient alternative to selling Bitcoin, allowing users to maintain their crypto holdings while accessing liquidity

▪️The service has drawn mixed reactions, with critics raising concerns about centralization risks, auto-liquidation during price drops, and variable interest rates

Coinbase, a leading cryptocurrency exchange, has launched a new lending service that allows users to borrow USD Coin (USDC) using their Bitcoin as collateral.

The program, announced on January 16, 2025, emerges from a partnership with Morpho, a decentralized money market protocol, and operates on Coinbase’s layer-2 blockchain platform, Base.

The new service enables users to borrow up to $100,000 in USDC while retaining ownership of their Bitcoin. When users pledge their Bitcoin as collateral, it is automatically converted to Coinbase Wrapped Bitcoin (cbBTC) at a one-to-one ratio before being transferred to Morpho’s smart contracts.

Currently, the service is available to United States residents, except for those in New York State. Coinbase has indicated plans for international expansion, with the European Union marked as a likely next target market due to the alignment of USDC with MiCA regulations.

The lending process operates without a fixed repayment schedule, offering flexibility to borrowers. Interest rates are not fixed but instead fluctuate based on Morpho’s market-driven mechanism, which automatically adjusts rates according to market conditions.

One key feature of the service is its potential tax benefits. By borrowing against Bitcoin rather than selling it, users may be able to defer capital gains or losses, making it an attractive option for those seeking liquidity without triggering taxable events.

The borrowed USDC can be converted to US dollars without fees, opening up possibilities for various uses, including major purchases like cars or mortgage down payments. Users can also earn over 4% in rewards on their USDC and send it globally without additional costs.

Morpho’s involvement in the partnership brings substantial credibility to the program. The protocol has grown to become the 12th-largest decentralized application by total value locked, managing over $3.2 billion in 2024, representing a 444% increase in activity.

The introduction of this service follows Coinbase’s launch of cbBTC in September. Since its inception, cbBTC has accumulated a supply worth $2.1 billion, equivalent to 21,495.46 BTC, according to Dune Analytics data created by user eekeyguy.

Mixed Reception

The community response to the new lending service has been mixed.

While some users appreciate the additional financial flexibility, others have raised concerns about potential risks. Critics have pointed out the dangers of auto-liquidation during market downturns, where borrowers could lose their collateral if Bitcoin’s value falls below certain thresholds.

Several users have expressed wariness about centralization aspects of the service. The involvement of Coinbase as an intermediary and the use of wrapped Bitcoin (cbBTC) has led some DeFi purists to question whether the service aligns with decentralization principles.

The variable interest rate structure has also drawn attention. Rates are recalculated frequently, which could create uncertainty for borrowers trying to plan their finances. Some community members argue this variability might make the service less attractive for long-term borrowing.

Technical aspects of the implementation have come under scrutiny. The conversion of Bitcoin to cbBTC and its deployment through Ethereum-based DeFi protocols has raised questions about complexity and potential risks in the loan structure.

For monitoring purposes, users must keep track of their loan-to-value ratio to avoid liquidation events. This requirement places additional responsibility on borrowers to actively manage their positions, particularly during periods of market volatility.

@ Newshounds News™

Source:  Blockonomi

~~~~~~~~~

SEC LAWSUITS THREATEN TO DELAY SOLANA ETFS IN U.S. UNTIL 2026

▪️James Seyffart, an analyst from Bloomberg Intelligence, mentioned that the U.S. SEC review process takes 240-260 days, which could delay the Solana ETF timeline until 2026.

▪️Five firms, including Grayscale, Bitwise, and VanEck, have applied for Solana ETFs, and the SEC is expected to make an initial decision on these applications within 45 days.

The approval of Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs) in 2024 sparked excitement in the cryptocurrency industry, signaling growing institutional acceptance. 

However, amid this wave of enthusiasm, the spotlight now shifts to Solana (SOL) as five firms, Grayscale, Bitwise, VanEck, 21Shares, and Canary Capital, have submitted applications for spot Solana ETFs. As of now, these applications have yet to receive any official attention from the U.S. Securities and Exchange Commission (SEC).

In a January 16 interview, James Seyffart, an analyst at Bloomberg Intelligence, weighed in on the Solana ETF situation. Seyffart noted that while movements for a Solana ETF could gain momentum after Donald Trump takes office, the SEC’s prolonged review process might push the approval timeline into 2026. The SEC takes 240-260 days to review ETF filings, creating additional uncertainty around the potential launch.

These ETF applications have essentially been “denied outright” without acknowledgment, as per Seyffart’s comments. Despite the lack of progress on Solana ETFs, other cryptocurrency ETFs, such as those for XRP, continue to face regulatory hurdles.

A Shift in Regulatory Tone with Trump’s Inauguration

Seyffart pointed out that the approval process is complicated by ongoing lawsuits from the SEC against cryptocurrency exchanges. During Gensler’s 4 year tenure as SEC Chair, over 80 enforcement actions were taken, including lawsuits against major firms like Coinbase and Binance, primarily for violations related to unregistered tokens and unregistered exchange operations.

The departure of Gary Gensler on January 20, marks a significant shift in regulatory tone. Gensler’s leadership has been a point of contention within the crypto industry, and his exit is seen as an opportunity for change and crypto-friendly regulations. 

Trump has nominated Paul Atkins, a pro-crypto candidate, and a former SEC commissioner, to head the SEC. Reports also suggest that the SEC might suspend or dismiss pending cryptocurrency cases that do not involve fraudulent activities.

In 2024, several firms, Bitwise, WisdomTree, and 21Shares, pushed for approval of an XRP ETF, though no firm decisions have been made by the SEC on these filings.

This highlights the broader regulatory challenges that crypto assets continue to face in the U.S., with approval timelines for multiple ETFs remaining stalled.

On a more optimistic note, Eric Balchunas, a senior ETF analyst at Bloomberg, expressed hope for the potential approval of a Litecoin (LTC) ETF in the U.S. He believes that Litecoin has a strong chance of becoming the next spot cryptocurrency ETF to gain approval, signaling that other altcoins might eventually follow suit.  

While hopes for a Solana ETF have faded, Solana’s value has seen a notable increase, rising by 16.82% in the past week and by 4.81% in the last 24 hours, bringing its price to $220.

@ Newshounds News™

Source:  Crypto News Flash

~~~~~~~~~

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“Tidbits From TNT” Saturday Morning 1-18-2025

TNT:

Tishwash:  Baghdad.. Notice of military measures in the Green Zone

The Iraqi military authorities announced today, Saturday, that the shooting range located within the approaches to the US embassy complex in the Green Zone, in the center of the capital, Baghdad, will be active during the hours scheduled for today.

The Security Media Cell stated in a statement received by Shafak News Agency, "The shooting range will operate from 07:00 am until 21:00 pm, today, Saturday, January 18, 2025."

The concerned authorities called on citizens to take note of this, stressing that the measure comes within the framework of the usual military activities in the region.  link

Tishwash:  The Central Bank of Iraq denies the intention to close cash delivery outlets

The Central Bank of Iraq called for caution in transmitting and circulating news about the closure of exchange outlets, and confirms that no decision, directive or statement has been issued regarding the closure of outlets or their conversion into exchange companies.

The Central Bank said in a press statement that its recently issued statement stipulates expanding the spread of cash delivery outlets through all available channels, including ATMs, POC cash payment devices, as well as authorized exchange companies, electronic payment company outlets, and POS electronic payment devices spread throughout Iraq.

 The bank stressed the need to transmit news from its official sources, which are published on its official website and its verified social media pages.

He stressed that the Central Bank's circulars issued to all parties in the Iraqi financial and banking sector included directing banks and non-banking financial institutions to expand their financial services in areas that lack the aforementioned services  link

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

Tishwash:  The three-year budget and its final year

Written by Dr. Bilal Al Khalifa

For the first time, Iraq has enacted a federal general budget for three years instead of one year, although most of the articles of the constitution and Financial Management Law No. 6 of 2019 referred to the budget as annual, but the government made an exception and made it a three-year budget.

Most economists, including me, warned against legislating this budget, as well as changing the budget method from a materials budget to a programs budget, etc., but to no avail.

Knowing that the legislation of the Federal General Budget Law was on June 26, i.e. late, and that the instructions to facilitate the implementation of the budget were issued on August 7, 2023, i.e. at the end of the third quarter of the year, knowing that most of the components of Parliament are participating in the government, i.e. almost this session, Parliament is mostly with the government, and therefore there is no opposition to the government or Parliament, which means that it is easy to pass any decision or legislation, and among those legislations is the Federal General Budget Law.

The aim of approving a three-year federal general budget was to accomplish the government’s program by not delaying the approval of the federal general budget in other years, i.e. 2024 and 2025, but Federal General Budget Law No. (13 of 2023) stipulates that budget tables must be prepared and submitted to the House of Representatives.

In 2024, Iraq did not have a general budget because it did not approve the budget tables until after a great deal of debate. In the middle of the year, on 7/3/2024, when it was sent to the federal government, everyone was shocked by the government’s letter to parliament inquiring about the difference in the three tables, that is, the one that was sent, the one that was voted on, and the one that reached the government. This means that there is great manipulation, and the matter should have been investigated because the difference is tens of billions of dollars.

The result is that the year 2024 has ended and Iraq does not have general budget schedules, and therefore the ministries do not have investment budgets and do not know their financial ceilings.

The 2025 schedules were supposed to be approved at the end of 2024, i.e. before the start of the new year, and thus the government’s economic program would be implemented from day one.

The Ministry of Finance indicated that the most prominent challenges facing the ministry in implementing the 2024 budget and the deficit in it came as a result of the federal government paying more than 11 trillion in salaries to employees of the Kurdistan Region, as the region's non-oil revenues amounted to more than 4 trillion dinars, Erbil only sent 320 billion dinars to Baghdad, while the authorities in Kurdistan did not hand over the region's oil and non-oil revenues to the center, which negatively affected the financing of other governorates.

She also said that it is necessary to approve the federal general budget schedules for the year 2025 because there are a number of challenges in the context of not approving the budget, including stopping annual allowances for employees, stopping transfers between ministries and companies, and the necessity of not entering into new contracts and other matters.

But there are several notes in particular:

1- Last year there were no approved schedules and the matters mentioned have passed.

2 - The three general budget tables for last year were not referred to, and the negligent party was not held accountable.

3 - The Ministry was late in submitting the tables to Parliament, and thus it violated the Financial Management Law No. 6 of 2019, Article (11), which states (The Council of Ministers shall discuss the draft federal general budget law, approve it, and submit it to the House of Representatives before mid-October of each year).

4 - At the same time, we notice that there are appointments, and this contradicts the above, because how can a new financial allocation be made and at the same time there is no financial allocation for an old employee?

5 - The statement also reveals the failure of the main goal of approving a three-year budget.

6 - The major challenge in providing cash liquidity and not financial allocation for employees and retirees has not been clarified.

7 - The amount of currency sales has not been clarified after the dollar selling window was closed and a large amount of dollars continued to be sold.

8 - The budget represents the government’s economic plan, and any failure in it will be reflected in the government’s performance and policy.

9 - The official sponsor of the government is the State Administration Coalition, which includes almost everyone, and it is also concerned with the failure to legislate or approve the budget schedules.

The statement of the Ministry of Finance is very correct from a technical and administrative standpoint, and pressure must be put on politicians to approve the budget, and this statement is one of the methods of pressure. link

Mot: .. Tah Dah!! --- the Latest!! -- a Pet Psychic!!! 

Mot: An anniversary miracle…

MilitiaMan & Crew Iraq Dinar News-Ancient Symbolism-CBI-3x Electronic Payment System-Global Vision-USA-UK-Equal

MilitiaMan & Crew Iraq Dinar News-Ancient Symbolism-CBI-3x Electronic Payment System-Global Vision-USA-UK-Equal

1-17-2025

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=6u2AF7qSJvg