Iraq News Posted by Clare at KTFA 1-24-2025

KTFA

Clare:  Raed Fahmy: Iraq is exposed to increasing economic pressures under the Trump administration

1/24/2025  Baghdad - 

Iraq is facing increasing economic pressures under the administration of US President Donald Trump, Secretary of the Iraqi Communist Party, Raed Fahmi, said on Friday, calling on the government to reveal its plans to confront these risks.   LINK

Clare: Parliamentarian: The House of Representatives will pass a set of laws after approving the controversial ones

1/24/2025

A member of the House of Representatives expects a number of laws to be passed during the upcoming sessions after the approval of the controversial laws.

Khaled Hamad Allawi told Al Furat News Agency: "New laws will be passed in the coming period because all the remaining laws are considered simple compared to the previous laws passed."

He explained that "the general amnesty, personal status and property return laws are considered among the laws that were obstructing the work of the House of Representatives and were passed."

Raghad   LINK

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Clare:  Parliamentary Energy Reveals US Pressure to Pass Budget Amendment Law...and This is the Reason

1/23/2025 Baghdad

The Parliamentary Energy Committee revealed, on Thursday, American pressure to pass the amendment to the budget law.

The Deputy Chairman of the Energy and Natural Resources Committee in the House of Representatives, Adnan Al-Jaberi, said in an interview with the “Al-Mudawala” program, which is broadcast on “Al-Ahd” channel, that “most of the companies operating in the Kurdistan Region are American,” stressing that “the American administration is pressing to expedite the amendment of the budget law.”

He added, "The amendment of the budget aims to address the oil dispute between Baghdad and Erbil," indicating that "the amendment of Article 14 of the budget will lead to the appointment of about 12,000 employees on a contract basis."

He added, "The vote on amending the budget will lead to Baghdad's recognition of the oil contracts concluded by the region," explaining that "we proposed to the region to establish a national oil company affiliated with the federal Ministry of Oil."

He added, "We are seeking to amend Article 12 of the budget in a strict manner to prevent the region and the center from evading implementation."  LINK

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Clare:  Hanan Al-Fatlawi calls on Parliament to pass the budget amendment as quickly as the three laws were approved

1/24/2025  Baghdad 

Head of the Irada bloc, MP Hanan Al-Fatlawi, called on the House of Representatives today, Friday, to pass the amendment to the three-year budget law with the same speed with which it passed the three laws.

Al-Fatlawi said in a tweet followed by "Mawazine News": "I call on the House of Representatives to pass the budget amendment with the same speed with which it passed the three laws within seconds."

She added, "Keeping the budget unamended means that the government will continue to pay one trillion dinars per month in salaries to the region, while companies in the region continue to produce 320,000 barrels per day (870 billion dinars per month) that are smuggled outside Iraq and sold at low prices, much lower than SOMO prices, in addition to Turkey demanding a fine of $24 million per month for not exporting oil through the Iraqi pipeline extending to Ceyhan."  LINK

Clare:  Al-Alaq: Baghdad Dialogue is a meeting point for visions and ideas that support security and development

1/24/2025  Baghdad

The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Friday, that the Baghdad Dialogue is a meeting point for visions and ideas that support security and development.

Al-Alaq said in a statement received by "Al-Eqtisad News", "The Baghdad Dialogue, which is organized annually by the Iraqi Institute for Dialogue (IID), is a platform that brings together visions to enhance Iraq's regional and international role, and highlight its ability to host major events, to become a meeting point for visions and ideas that support security and development in Iraq, the region and the world."

It is noteworthy that the activities of the seventh Baghdad International Dialogue will be launched with the participation of an elite group of political, economic and academic figures from inside and outside Iraq on February 22, 2025.  LINK

Economist’s “News and Views” 1-24-2025

Delinquencies on Debt Surging: ‘ Huge Humanitarian Crisis Already Happening’ | Lynette Zang

Kitco News:  1-23-2025

Lynette Zang, CEO of Zang Enterprises, discusses the precarious state of the U.S. and global economies, emphasizing unsustainable debt levels and the potential for hyperinflationary depression.

Zang speaks with Kitco News on the sidelines of the Vancouver Resource Investment Conference (VRIC).

Key points: -The current system is nearing collapse due to excessive debt and the manipulation of financial markets

-Zang advocates for the acquisition of physical gold and silver as a hedge against economic instability, warns against reliance on fiat currencies

-Coming crisis will exceed that of 2008 Zang also stresses the importance of community and self-sufficiency in navigating future economic hardship, while expressing concern over the looming implementation of Central Bank Digital Currencies (CBDCs).

00:00 Introduction and Welcome

 00:59 Credit Card Crisis and Economic Health

02:00 Life Cycles of Currencies and Debt

04:09 Banking System and Systemic Issues

 07:10 Hyperinflation and Economic Predictions

20:35 Strategies for Inflation and Wealth Preservation

27:12 Conclusion and Final Thoughts

https://www.youtube.com/watch?v=2m43i91oeok

LIVE! The Dollar IS DEAD AND WE NAILED IT! TRUMP DEMANDS FED LOWER RATES! Its Over...

Greg Mannarino:  1-24-2025

https://www.youtube.com/watch?v=cbpv9izLp3A

How the Fed Flipped the Yield Curve (and the consequences)

Heresy Financial:  1-24-2025

TIMECODES

00:00 The Inverted Yield Curve Disappears

00:18 Long-Term Rates Rise Despite Fed Cuts

01:25 How Lower Short-Term Rates Stimulate Lending

 02:17 Government Debt, T-Bills & Short-Term Borrowing

 03:32 M2 Money Supply Growth & Bank Lending

05:38 Debt Repayment & Shrinking the Money Supply

 06:43 Inflation Concerns Drive Long-Term Interest Rates

 07:38 Bear Steepening: Why Bond Prices Are Falling

09:02 TLT’s Collapse & the Dangers of Holding Long Bonds

 10:27 High Debt-to-GDP & Why Treasuries Underperform

11:36 Final Thoughts: Modern Portfolios & Future Rate Outlook

https://www.youtube.com/watch?v=O3QZAMwTlAY

Coffee with MarkZ and Mr. Cottrell. 01/24/2025

Coffee with MarkZ and Mr. Cottrell. 01/24/2025

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

Member: Happy Friday to Mark and all the Mods

​​Member: Woke up financially poor but blessed and so rich in so many ways.  Any news overnight Mark?

MZ: Good morning  Got some really interesting news from some groups. I find it curious that the wording was so similar between them all.

MZ: I got another report this morning similar to reports I got yesterday makes me confident enough to share. I was told by a couple of groups and a Indian Nation source that “funding transactions should be complete in the next few days”

MZ: That means in the next few days these folks expect people to be funded. This would be huge. Buckle up.

MZ: Speaking of Indian Nations: Donald Trump yesterday officially recognized the Lumbee Indian Tribe…This is wonderful and way overdue.

Member: Just Saw the Memo to Secretary of the Interior Recognition of 'Lumbee Tribe'-Wonderful!

Member: as a member of the Cherokee tribe of northeast Alabama, I am encouraged by Trumps actions. We are recognized by the State of Alabama but not yet recognized by the US govt.

Member: What does this mean for the Indian Nations?

MZ: Part of the Fines and Penalty settlements is settling out historic debts that are owed. For the Indian Nations it would be a tremendous inflow of cash. By recognizing the lumbee Nation they would get paid benefits from the US government.

Member: Are your banking/redemption contacts working this weekend?

MZ: I do not know…yet

Member: Any bond news?

MZ: Nothing specific on bonds. But one of the groups that got the memo to expect funding in a few days were bond holders.

Member: Are Bond holders under NDA’s?

MZ: Ablsolutely positively – some are . but some are not and they are still talking because they have not been paid yet.

MZ: Multiple forex traders have reported that they have had to sign new “terms of agreements” focusing on currency exchange values. I find that very interesting and believe it is a key thing to do before they flip the switch.

MZ: “The $25 Billion cost of Iraq’s oil deadlock”  Without the oil flowing to Turkey-this is the financial consequences of Baghdad and Erbil’s fight over all these things in the budget. They have already lost $22 billion in under 22 months just from the pipeline not flowing……not counting all the other oil revenues

MZ: “Trump’s storm hits OPEC and ignites fears in Baghdad” From Remarks given by Trump at Davos…..and “Drill Baby Drill” in the US…caused a drop in oil prices below $75.This will lower the cost at the pumps for us…..and lower the cost of groceries soon …But Iraq is still well in the range they need for the RV.

Member: didn't Iraq say $40 oil would support their economy?...

MZ: This one is interesting:  “Central Bank of Libya introduces new LD 5,10, and 20 denominations”  why would they print bills that cost more to print then they are currently worth….unless they were expecting new values? We are seeing this now happening in other countries as well. Pretty unnecessary unless things are going to change.

MZ: “Trump signs sweeping Crypto Currency Bill”  and buried in this “No Central Bank Digital Currency” so CBDC’s are outlawed by Executive order.

Member: That is wonderful news……

Member: Trump EO promoting crypto currency…. Didn't our constitution say money/coinage to be gold /silver backed

Member: IRS elimination -- H.R. 25 Congress Bill. According to the Congress' site, it's in front of the Way and Means commitee

Member: I wonder -is Trump going to the Reno treasury today or simply there to thank Nevadans for their vote?

Member: Mark... I have very strong and long time contact shared that her friend is a Paymaster and was summoned yesterday to Reno for the weekend.

MZ: He is supposed to make a stop in the Reno area…..we will see.

 MZ: I am so ready for this to be over.

Member: If all the emergency funds for keeping the Givt open till March ran out the day after Trumps inauguration why no one saying anything about that?

Member: Probably another bit of “misinformation?”

Member: IMO: with the amount of corruption in our banking systems around the world, The Chinese elders will never feel comfortable releasing this money for the RV unless the entire fiat system is shut down.

Member: MarkZ - are they waiting for the repeal of Income Tax before they release the RV?   That would make sense…..

Member: (From Dinar Guru) Mnt Goat  There is new sheriff in town and his name is Donald Trump. What will his policy be towards the Iraqi financial system.  Four years have passed since his last administration and there has been way too much progress in the banking and financial reforms to turn back to the days of the prior Trump administration laden with sanctions. I am told by my CBI contact that Al-Sudani is hoping for an invite to visit the new President in Washington, or better yet have him come to Iraq... 

MZ: It will be soon

Member: will this RV ever happen????

Member: Alot is happening! praise God!

Member: I know we're all anxious. Remember- Mark is giving us the info he receives. He is just as anxious as we are. Please keep positive

Member: Always REMEMBER, "You've got to have a dream, if you don't have a dream, how ya gonna have a dream come true"?? That's MY story and I'm sticking to it!!!

Mr. Cottrell and CBD Gurus join the stream today. Please listen to the replay for their information and opinions …… but there are many technical difficulties today

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=XY7gE9TXwHc

Seeds of Wisdom RV and Economic Updates Friday Morning 1-24-25

Good Morning Dinar Recaps,

TRUMP CANCELS CBDC, FAVORS STABLECOIN IN U.S. FINANCIAL STRATEGY

▪️Donald Trump cancels CBDC, favoring USD-backed stablecoins to safeguard privacy and enhance financial inclusion globally.

▪️A new task force will recommend clear crypto regulations to foster innovation while opposing invasive financial oversight.

President Donald Trump has taken a strategic move by issuing an executive order to boost the United States position in digital finance technology. One of the most notable orders is the country’s cancelation of central bank digital currency (CBDC).

This order attests to the United States’ preference for stablecoins backed by US dollars over CBDC development, as opposed to that of other nations.

This action is considered a reaction to worries that CBDC might be utilized as too intrusive monitoring instruments violating people’s privacy.

Stablecoins, according to Trump, provide a better alternative for advancing global financial inclusion and preserving the US dollar’s status as the most often used currency worldwide. The US wants to increase its impact in the global digital financial space by helping dollar-backed stablecoins.

Trump: Emphasize Stablecoins and Financial Independence

Strong legal protections for players in the blockchain and digital asset sectors are given by this executive order. Individuals and organizations today have legally acknowledged rights to access, grow, and apply public blockchain technology free from onerous legal restrictions.

Furthermore, underlined by this sequence is the need for self-custody services, which let consumers freely manage their digital resources.

A fundamental issue in the use of CBDC is the stability of value, which stablecoins are said to be able to provide while preserving user anonymity. The US government thus aims to build a digital financial environment that is creative, competitive, and still upholds personal financial freedom.

Of course, this is not the case with CBDC, which is regarded to be able to provide complete control to the government; dollar-based stablecoins provide people chances to still have control over their assets.
Working Group and Regulatory Suggestion Notes

Trump established the “President’s Working Group on Digital Asset Markets” per this order. David Sacks will be in charge of this team and assigned to create a legislative framework that advances the growth of the crypto market. This panel is anticipated to offer suggestions within 180 days that will help to establish legal certainty and draw greater industry innovation.

It also eliminates earlier rules pertaining to crypto deemed to stifle creativity. Proposed legislative clarity should enable players in the crypto space to create innovative technologies free from governmental ambiguity.

Notably, underlined by the restriction on CBDC is the government’s concentration on safeguarding personal privacy from possible too-extensive monitoring.

Advocates of this approach think that stablecoin innovation will help the US dollar’s position on the world market to be strengthened without compromising citizens’ financial freedom. It also implies that the US will not adopt the worldwide trend in central bank digital currencies.

Meanwhile, as we previously reported, Donald Trump is under investigation for ethics after his public involvement in the TRUMP token generated national security and conflict of interest concerns. The TRUMP meme coin was mentioned in a letter addressed to the House Oversight and Government Reform Committee as having the ability to grant inappropriate access to foreign entities.

@ Newshounds News™

Source:  Crypto News Flash

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BRICS: CHINA BREAKS SILENCE ON US TENSIONS, TRUMP TARIFF THREAT

With all eyes fixed on the growing geopolitical turmoil, China, a key member of the BRICS alliance, has officially broken its silence on the growing US tensions amid US President Donald Trump’s impending tariff threat. Indeed, the country has been among the few to speak out regarding the West’s warnings.

After being inaugurated Monday, Trump wasted no time in targeting the BRCIS group. Specifically, he reassured previous threats that he would impose a 100% tariff on the economic alliance. The action was meant as retaliation for the bloc’s ongoing de-dollarization efforts.

Trump Tariff and US Tensions Get Response From China as West & BRICS Faceoff Continues

For the last two years, the BRICS economic alliance has committed to lessening international reliance on the US dollar. Specifically, the bloc has sought out ways to avoid sanctions on various members. That process has seen the group promote the use of local currencies.

Although the previous Biden administration was okay with allowing the practices to go on with little retaliation, Donald Trump is not. Therefore, he has responded in rather concerning ways for those in favor of geopolitical peace. Now, key BRICS member China has broken its silence on emerging tensions and the 100% tariff threat issued by US President Trump.

In a recent report, the Chinese Ministry of Foreign Affairs (MoFA) released a statement Thursday. “As an important platform for cooperation among emerging markets and developing countries, BRICS advocates openness, inclusiveness, and win-win cooperation, not bloc confrontation, and does not target any third party,” they said. “The aim is to realize common development and prosperity,” they added.

The statement reaffirms its commitment to the bloc. Moreover, it signals the country’s willingness to continue on the path it has charted. Additionally, the answer comes weeks after India responded to the ongoing threat. Specifically, External Affairs Minister S Jaishankar said the country has “no interest” in weakening the US dollar.

“The US is our largest trade partner,” the official said. We have no interest in weakening the dollar at all,” they added. The development is ongoing and could be vital to global economics in the early months of Trump’s return to the Oval Office.

@ Newshounds News™

Source:  Watcher Guru

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Thank you Dinar Recaps

The Most Common Banking Mistakes

The Most Common Banking Mistakes

I’m a Financial Advisor: Here Are the Most Common Banking Mistakes I See Among Clients

Laura Bogart   GOBankingRates

Financial advisors have seen it all. From people who are burdened by six figures of credit card debt to millionaires, their clients span a range of backgrounds, income, stages in life, and relationships to money. That’s what makes their jobs equal parts challenging and rewarding.

However, as financial advisors gain experience, they come to observe a few general patterns in their clients’ banking and how they manage their finances. And in those patterns, there are some common mistakes. Fortunately, almost every mistake provides an opportunity for people to learn more and do better — if they know where to start.

GOBankingRates connected with a few financial advisors to learn more about the common money mistakes they’ve seen and to share their advice for avoiding them.

Taking a One-Size-Fits-All Approach to Retirement

As the Founder and CEO of 11 Financial, Taylor Kovar has helped a lot of business owners achieve their financial goals over the years. However, he’s also seen that many of his clients, particularly business owners, are reluctant to retire completely, even as they reach the age where a lot of people are ready to sail off into the sunset professionally.

Though society often portrays retirement as carefree, there are also many individuals who want to stay involved in the businesses they’ve built, even part-time. Those people sometimes don’t realize they can factor continued income from their businesses into their retirement budgets. Worse, they may avoid budgeting for retirement altogether because they think it would mean giving up their passions. And if they choose to stay working, even at reduced hours, failing to account for taxes can become a costly mistake.

 “It’s important to remind clients that retirement doesn’t have to look like the traditional model,” said Kovar. “They can create their own version that allows them to continue doing what they love, just at a different pace.”

Leaving Money in a Traditional Savings Account

For Andrea Woroch, a nationally recognized consumer finance and budgeting expert, one of the biggest, most frustrating errors people make is leaving money on the table by keeping it in a traditional savings account.

TO READ MORE: https://www.yahoo.com/finance/news/m-financial-advisor-most-common-183009744.html

4 Common Fears About Money To Overcome

4 Common Fears About Money To Overcome

Heather Taylor  GOBankingRates

Most people share certain types of financial fears in common. Some will be able to overcome these fears with support, but others will let fear rule the rest of their lives. Leading a life where financial fears take top priority can keep you trapped in an unhealthy financial mindset. It can even lead to losing money throughout your lifetime.

Even if you feel scared to do it, it is possible to break the cycle and develop a healthy financial attitude where money is viewed as a tool that can help, not hinder, you. Here are some of the most common financial fears and what it takes to overcome each one.

Fear of Going Broke

Let’s start with one of the most common financial fears: going broke or even bankrupt.

This is often a learned money belief or habit, said Chloe Elise, certified financial coach and CEO of Deeper Than Money. Typically, the person who holds this fear has observed it from their parents or grandparents.

“They look at money as always being scarce, and they fear they will run out,” Elise said.

While this belief can be extremely difficult to break, the ultimate goal is to view money through an abundance mentality. Elise said some of her clients adopt the mantra “money flows to me” as a way to start welcoming money into their lives.

It takes more than a mantra though! To start welcoming money into your life is to watch your money work for you. Elise’s favorite recommendation for doing this is to keep your emergency fund in a high-yield savings account.

“With total liquidity and no risk, a HYSA is an incredible way to begin to see interest accumulate on your account by doing nothing,” said Elise, who adds that as of right now interest rates are over 3%.

Once you do this, Elise said you can start to look into other investments, like retirement accounts or real estate. This eases the fear of stepping outside of your comfort zone and increases the likelihood you will be rewarded.

Fear of Checking Your Bank Account

Who among us has indulged in an expensive weekend out, or a week-long vacation, and then felt paralyzed with fear about what their bank account will look like in the aftermath of these pending transactions?

Here’s what happens when you don’t check your bank account today. You’re not likely to check it tomorrow or the day after.

“What often happens is we let this feeling of guilt and shame from spending money spiral,” Elise said. Before long a month passes and you start to experience anxiety about facing your finances.

To overcome this fear, Elise recommends planning as much in advance as possible. If you are going on vacation, Elise said you can create a bucket in your savings account specific to the trip.

TO READ MORE: https://finance.yahoo.com/news/4-common-fears-money-overcome-160015068.html?fr=sycsrp_catchall

News, Rumors and Opinions Friday AM 1-24-2025

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. 24 Jan. 2025

Compiled Fri. 24 Jan. 2025 12:01 am EST by Judy Byington

Thurs. 23 Jan. 2025: (POSSIBLE SCENARIO)

Treasury Instructions Payment Steps on Global Launch of Funds: (These instructions are for higher tiers, not for Tier4b) The global launch of the Funds is just going to take place worldwide, marking the start of the global registered asset redemption program officially launched in a few hours.

First Phase:
1. German Gold Bonds of 1924
2. Zimbabwe Agro Checks
3. Yellow Dragons and Phoenixes

Second Phase:
1. Blue Dollar from the package
2. Cash Boxes 9 Treaty of Versailles Full Mother Boxes
3. Chinese Red Dragons

Third Phase:
1. Superpetchilis of 1913 (RAILWAYS)
2. Chinese Agricultural Bonds
3. Other High Value Zimbabwe Coins
4. Other Federal Reserves and Mini Chains all.

All registered assets will be paid in order of preference, with large transactions being the first as their suppliers cease in their absence.

Your assets are formed and cannot be sold anywhere else as the amounts are already deposited in payment accounts and payment agreements are given on a contract-by-contract basis.

Revaluations will be calculated directly by the treasury using different formulas for different calls.

Transactions will be paid in stages. – The first payment is 1% and 9% will be paid within eight days of verification of assets from recorded transactions. – The remaining amount will be paid in deferred weekly or monthly transfers.

All qualified sellers will be contacted via phone or email based on the contact details entered in KYC provided at the time by the seller and if the sellers or the vendor do not respond, it will be moved to the next file. Therefore, please request all sellers to be vigilant and check their mailbox periodically to answer any call even if it is an unknown number or a hidden number.

There is one item that we have no control over in the payment list, we only know that here: – they pay first to priority representatives of seniors with SKR certificate and – then it will be the big files to the smaller files and – within each category from the oldest file to the most recent registration date, Therefore, we ask all sellers to understand this rule and be patient.

Advantages of redemption for the seller and all facilitator: – seller and intermediaries will all have full immunity of funds – sellers and intermediaries will be exempt from taxes – only the seller will have diplomatic passport and will get the status of world sovereignty – the seller will be able to operate global citizenship.

Read full post here:  https://dinarchronicles.com/2025/01/24/restored-republic-via-a-gcr-update-as-of-january-24-2025/

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Emailed to Recaps

(Possible) TIER PLATFORM  PAYOUTS

Payout Schedule for Tier Groups involved in the RV:

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

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

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

A. Dubai 1 released for liquidity which then triggers Dubai 2&3.

B. Fines & Penalties are released to recipients (they need D1 liquid, this is their hold up)

C. Bonds will be liquid (they need D1 to be liquid)

D. Tiers 1-4b are notified. (they need D1 to be liquid) It appears all is set to go on or about the same time!

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

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

Tier 3 Admirals Group, American Indians, CMKX, large church groups like the Church of Jesus Christ of Latter-day Saints. The Pentecostal group was now 100% under an NDA.

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

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

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

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

The official GO for Tier 4b has not been released yet. It can happen any moment. As all Tier1-4b are funded, we await the final release to reach to our level.

It’s a process. It’s tedious and time consuming – making adjustments as needed along the way for accuracy and safety of all involved. It’s a very quiet & discrete operation, where the general public is left uninformed for obvious reasons. Pay attention to the levels that are ahead of us. That will help give a better understanding of where we are, in relation to it reaching the 4b level. BUT, it is unfolding. And when it reaches our levels, there will be no doubts. It’s coming! Keep the faith.

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

Militia Man  One of the key things in a monetary policy when they go to revalue a country is they have high security.  They want to tamp down currency manipulation.  They want to stamp out the black market... That's all part of the process.  Article quote:  "Any attempt to manufacture, possess or pass on fake bank notes is a criminal act that is severely punished by law, calling for the delivery of any fake bank notes to the police and to the central bank of Iraq." 

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Mr Sammy says when [Amendment 12 of budget] passes...then the next step will be that the budget table will be going to parliament...Once that passes a new rate will show before the tables go to parliament because the budget table line items need that rate.  FRANK:  Thank you for that understanding.  I really appreciate it.  I'm going to rule out the 15 days and focus only on the accomplishment of the Amendments that will expose the new budget and the new rate.

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Iraq's 2025 Budget & Non-Oil Revenue IQD Exchange Rate

Edu Matrix:  1-24-2025

Iraq is making remarkable strides in diversifying its economy as non-oil revenues soar to nearly 12% of total revenues in the first nine months of 2024.

This substantial increase, up from 7% before the landmark three-year budget approval in 2023, is driven by enhanced import customs, expanded taxes, and contributions from the housing, transport, and construction sectors.

In this video, we delve into the insights from financial adviser Mudhar Saleh and explore the impressive jump in non-oil revenues from 4.7 trillion dinars in 2023 to almost 14 trillion dinars in 2024.

Join us as we unpack the implications of these changes and the remaining challenges, including a $49 billion budget deficit. Like and share this video for more updates on Iraq's economic journey!

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

“Tidbits From TNT” Friday Morning 1-24-2025

TNT:

Tishwash:  3415 personnel trained to combat money laundering

As part of the Central Bank of Iraq's measures to combat money laundering and terrorist financing, it announced yesterday, Wednesday, the training of (3415) people concerned with this file.

Hussein Al-Maqram, representative of the Anti-Money Laundering and Terrorist Financing Office at the Central Bank, confirmed to "Al-Sabah" that "the Financial Action Task Force issued a report confirming the strength and solidity of the system followed in Iraq with regard to combating money laundering and terrorist financing."

He added that "the report reflects the solid system in Iraq to combat these crimes, and the important efforts made by the state to combat them in accordance with international standards."  

Al-Maqram pointed out that "the report focused on understanding the risks of money laundering and terrorist financing, and the effectiveness of implementing measures to combat these crimes, including international cooperation, confiscation of criminal proceeds, and investigation and prosecution procedures."

He continued by saying: "Based on the annual and comprehensive training plan to raise the level of knowledge and commitment to the requirements imposed in the field of combating money laundering, terrorist financing and financing the proliferation of weapons, the number of trainees cocerned with the anti-money laundering and terrorist financing system during the past year reached (3415) trainees." link

Tishwash:  Taxes Knock on the Doors of Electronic Payment Ports in Iraq (Document)

The General Tax Authority, affiliated with the Iraqi Ministry of Finance, began operations on Thursday towards electronic payment outlets across the country, days after a decision by the Central Bank that sparked widespread controversy regarding closing these outlets or merging them with exchange companies.

A document issued by the Authority, obtained by Shafaq News Agency, was addressed to the Central Bank of Iraq, in order to provide it with a database of electronic payment outlets, in order to register them and collect taxes from them.

Last Monday, the Association of Financial Outlets for Electronic Payment in Iraq ended a strike that it had started that morning, in protest against the decision of the Central Bank of Iraq to close outlets or merge them with exchange companies.

However, the Central Bank later denied issuing any directive or statement regarding the closure of exchange outlets, stressing in a statement that the goal is to expand the spread of financial outlets through ATMs and licensed electronic payment companies. link

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Tishwash:  Prime Minister confirms Iraq's aspiration for more cooperation with the Arab Monetary Fund

Prime Minister Mohammed Shia Al-Sudani called on the Arab Monetary Fund to cooperate in building bridges with its financial institutions.

A statement from his media office received by "Al-Eqtisad News" stated that "Al-Sudani received the head of the Arab Monetary Fund, Mr. Fahd bin Mohammed Al-Turki."

He stressed "the government's support for the tasks of the Arab Monetary Fund, of which Iraq is a founder and the second largest contributor, after the Kingdom of Saudi Arabia."

Al-Sudani pointed out that "Iraq looks forward to further cooperation with the Fund, and that the effects of its work will be reflected on the Iraqi scene, through its contribution to financing the reconstruction and development campaign that the government has embarked on, especially in the field of infrastructure, as well as the desire for the Fund to work on expanding the contribution of Iraqi cadres in its work, and building bridges with Iraqi financial institutions."

He stressed "the importance of the Fund contributing to strengthening Arab ties, by regulating financial, monetary and trade relations, in a way that enhances common interests between them."

For his part, the Chairman of the Board of the Arab Monetary Fund stressed the Fund's keenness to support Iraq and participate in its development programmes, in a way that contributes to enhancing constructive cooperation in the field of financial and financing sectors.  link

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Tishwash:  President of the Republic: Our relationship with America and Iran is good, and we are not under the control or will of any country

The President of the Republic, Abdul Latif Jamal Rashid, confirmed that Iraq is now free of terrorist operations, while describing the relationship with the United States of America and Iran as “good” and that we are not under the control or will of any country.

Rashid said, in an interview with Asharq Al-Awsat newspaper, followed by {Al-Furat News}, that: “Trump’s return is an important step to resolve conflicts in the world and the Middle East, and Iraq is now free of terrorist operations, and what remains of terrorism does not exceed a few pockets.”

He added, "Our relations with the United States of America are good, and we thank the American position for standing by our side in fighting the terrorist organization ISIS," noting that "the American forces are present under bilateral agreements, and at the request of the Iraqi government and in coordination and consultation with the political forces in Iraq."

Rashid continued, "The factions are now under the control of the government according to procedures that the relevant authorities are working on, to reach a situation that ends any combat activity in these circumstances," stressing "the importance of the state of Iran as a state and our relations with it are good; but we are the decision-makers in Iraq, and we are not under the control or will of any state."

He added, "Our region is a historical and civilized region, and is considered one of the most important regions. It is rich in natural resources more than any region of the neighboring countries. Therefore, we must enjoy our wealth, enjoy security and peace, and work to solve the problems of the neighboring countries."

Rashid added, "We tried to contribute to finding solutions to settle the situation in Syria during the era of Bashar al-Assad's regime, several times. Syria is an important country in the Middle East, and it shares borders with a number of countries in the region, but Bashar's regime unfortunately did not invest in our attempts. We supported Syria's return to the Arab League, and we tried to bring the views of the former Syrian regime and the various factions closer together."

"We wish the new administration in Syria success in improving the situation, but things are not very clear yet," he added, explaining, "We share a long border with Syria, and the fact is that there are a large number of terrorist organizations on the Iraqi-Syrian border, and that worries us. The international community must work to find radical solutions to the crisis of terrorists in detention camps who hold different nationalities."

Regarding the water crisis, Rashid said, “The water crisis exists at the present time, and its solutions also exist. The solutions, in my opinion, are easy if there is a real and serious intention to solve this problem. There are three main factors that contribute to the water crisis: neighboring countries, climate, and improving water management in Iraq.”  link

Mot: and Now We Has --- ""Snowda""

Mot: Poor old Earl……muffin likes pets

Iraq Economic News and Points to Ponder Thursday Evening 1-23-25

Auction Does Not Build The Economy - Khalil Ibrahim Al-Abidi  January 12, 2025

The mission of the world's central banks is to control the rhythm of the economy, by controlling the interest rate, not by auction.

It is the bank of banks, working through clearing and opening credit, and ensuring the protection of the country's currency from damage and decline against other currencies.

It issues a currency whose value is evaluated in gold, not in the currency of others, upon request. The auction is an innovation of Bremer since the occupation, and we have become accustomed to the mistake and it has become a lifeline.

Gentlemen... The Central Bank did well recently and left the auction platform, and returned to respect its currency, which is the dinar.

What is required today, as we are at the beginning of the year, is to think carefully about what the repercussions will be, and to return with determination to the documentary cycle in imports, and to work without selling the currency by opening credit for those who want to import,

by relying on our government banks after purging them of corruption and identifying correspondent banks for those who carry sobriety and integrity of correspondence, and finally determining the scale of priorities when importing and encouraging national production and exploitation of raw materials,

and imposing exorbitant fees to protect industries and the rest of the products, and working to follow up on what is imported under the import license and ridding the country of the decline of its currency and the danger of imports,

and the most important step is to zero out the dinar, and buy the 1,250 old dinars for one dinar of the new currency during the exchange after printing the one dinar denomination, and the value of one dinar will be one dollar through the documentary import cycle, and we have sufficient revenues in addition to the sovereign reserves.

Making the value of one dinar equal to one dollar will keep the citizen, merchant, traveler, doctor, etc. away from running after the dollar. Rather, he will be reassured that his currency is valid for purchase and exchange wherever he is, and this is the point of safety.   LINK

International Report Confirms The Strength And Solidity Of Iraq’s System In Combating Money Laundering And Terrorist Financing

Time: 2025/01/23 09:14:21 Read: 2,405 times  {Economic: Al Furat News} An official at the Central Bank of Iraq revealed the issuance of a report by the Financial Action Task Force on combating money laundering and terrorist financing in Iraq.

Hussein Al-Maqram, representative of the Anti-Money Laundering and Combating the Financing of Terrorism Office at the Central Bank, said in a press statement that “the Financial Action Task Force issued a report confirming the strength and solidity of the system followed in Iraq with regard to combating money laundering and terrorist financing.”

He added that "the report reflects the strong system in Iraq to combat these crimes, and the important efforts made by the state to combat them in accordance with international standards."

Al-Maqram pointed out that "the report focused on understanding the risks of money laundering and terrorist financing, and the effectiveness of implementing measures to combat these crimes, including international cooperation, confiscation of criminal proceeds, and investigation and prosecution procedures."

He continued by saying: “Based on the annual and comprehensive training plan to raise the level of knowledge and commitment to the requirements imposed in the field of combating money laundering, financing terrorism and financing the proliferation of weapons, the number of trainees concerned with the anti-money laundering and terrorist financing system during the past year reached (3415) trainees.” LINK

FATF Commends Central Bank's Anti-Money Laundering Measures

Banks   Economy News – Baghdad   The Financial Action Task Force praised the measures taken by the Central Bank of Iraq to combat money laundering and terrorist financing.

The representative of the Anti-Money Laundering and Terrorist Financing Office at the Central Bank of Iraq, Hussein Al-Maqram, said in an interview with “Al-Sabah” followed by “Al-Eqtisad News” that the International Financial Action Task Force issued a report in which it confirmed the strength and solidity of the system followed in Iraq with regard to combating money laundering and terrorist financing.

He explained that "the Middle East and North Africa Financial Action Task Force (MENAFATF) adopted, in its general meeting held in the State of Bahrain last year, the mutual evaluation report of the Republic of Iraq, which reflects its great commitment to implementing international standards to combat money laundering and terrorist financing."

Al-Maqram added that "the report reflects the solid system in Iraq to combat money laundering and terrorist financing, and the significant efforts made by the state to combat these crimes in accordance with international standards in this regard," noting that "the report focused on understanding the risks of money laundering and terrorist financing, and the effectiveness of implementing measures to combat these crimes, including international cooperation, confiscation of criminal proceeds, and investigation and prosecution procedures."

Al-Muqrim explained that "the mutual evaluation process of the Republic of Iraq was completed in accordance with the standards approved by the Financial Action Task Force (FATF). The evaluation resulted in identifying strengths that reflect the efforts made to enhance compliance with the standards of combating money laundering and terrorist financing, in addition to identifying weaknesses that need improvement and treatment.

At the same time, the Republic of Iraq continues to work seriously to address the points identified in the report, by implementing corrective plans and procedures aimed at strengthening its financial and legal system in line with international requirements.

This comes within the framework of Iraq's commitment to continuous cooperation with the Financial Action Task Force, similar to the rest of the member states."

He added that "the office works within the framework of the National Strategy for Combating Money Laundering, Financing of Terrorism and Proliferation of Arms for the period (2023-2027), which aims to enhance efforts to combat money laundering and financing of terrorism through a set of specific objectives and axes.

It is also currently working on following up and implementing the update of the national assessment process for money laundering and financing of terrorism risks related to the anti-money laundering and financing of terrorism system, which is one of the national efforts to enhance compliance with the international standards issued by the Financial Action Task Force (FATF).

This process is considered an important tool for analyzing and identifying the risks facing the financial and economic system in Iraq."

The representative of the office at the Central Bank confirmed that, "Based on the annual and comprehensive training plan to raise the level of knowledge and commitment to the requirements imposed in the field of combating money laundering, financing terrorism and financing the proliferation of weapons, the number of trainees concerned with the anti-money laundering and terrorist financing system reached (3415) trainees during the past year 2024."https://economy-news.net/content.php?id=52222

Gold Prices Stabilize As Dollar Falls In Baghdad

Stock Exchange  Economy News – Baghdad  The prices of "foreign and Iraqi" gold stabilized in the local markets in the capital, Baghdad, today, Thursday (January 23, 2025).

Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price for one mithqal of 21 karat Gulf, Turkish and European gold of 282 thousand dinars, and a purchase price of 278 thousand dinars.

The selling price of one mithqal of 21-karat Iraqi gold reached 552 thousand dinars, and the purchase price was 548 thousand.

As for gold prices in goldsmiths’ shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 585,000 and 595,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 555,000 and 565,000 dinars.  https://economy-news.net/content.php?id=52227

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

Is the New Golden Age Possible? We Do the Math

Is the New Golden Age Possible? We Do the Math

Notes From the Field By James Hickman (Simon Black)  January 23, 2025

The Wall Street Journal this morning released its latest economic forecast survey.  This is where they ask leading economists what they think inflation and economic growth will be in 2025 and beyond.

The results were pretty incredible. Between the last survey, in October before the election, and this month’s survey, the predictions for US economic growth have increased dramatically.

Optimism is clearly everywhere, not just in the economic forecasts but also the labor market, stock market, etc.  One of the reasons for that, obviously, is that Americans were just promised a New Golden Age of prosperity.

We’ve written before, many times, that America’s gargantuan fiscal challenges are still fixable.

But a Golden Age? Is that really feasible?

Well, above everything else at this organization, we are intellectually honest, and we let the math be our guide. And in today’s podcast, we actually do the math at a high level and discuss whether that Golden Age actually is possible.

Spoiler alert: it is!

But it’s gong to require what I believe are modest budget cuts— roughly $300 billion— and significantly higher economic growth.

When you think about it, it’s really something to be said that the US, i.e. the most advanced economy in the world, only clocks around 2% “real” GDP growth each year.

Given America’s population growth, the literally tens of trillions of dollars of investable capital, the massive pool of talent, and innovation, 2% growth is utterly pathetic. Talk about under-achieving your potential.

It’s deregulation, ease of doing business, and tax policy that can really move the needle on that growth.

And these are all completely realistic goals.

At the same time, there are so many forces and entrenched special interests that will battle against reform. So while there’s plenty of reason to be optimistic, it’s not a forgone conclusion.

That’s why it makes so much sense to have a Plan B.

We talk about all this and more in today’s podcast, as we walk through the math on the New Golden Age. (For the audio-only version, check out our online post here.)

To your freedom,   James Hickman   Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/podcast/is-the-new-golden-age-possible-we-do-the-math-podcast-152005/

Seeds of Wisdom RV and Economic Updates Thursday Evening 1-23-25

Good Evening Dinar Recaps,

TRUMP SIGNS EXECUTIVE ORDER ON US DIGITAL ASSETS: CZ SAYS BITCOIN RESERVES ‘BASICALLY CONFIRMED’

Senator Cynthia Lummis has proposed legislation to establish a national bitcoin reserve, planning to purchase 1 million BTC worth $108 billion over five years.

▪️Trump signed an order to create a federal group led by David Sacks to regulate digital assets.
▪️The US strategic Bitcoin reserves have been basically confirmed by Binance CEO Changpeng Zhao.
▪️Senator Cynthia Lummis proposed buying 1 million BTC for a US national bitcoin reserve worth $108 billion.

President Donald Trump signed an executive order to establish the “Presidential Working Group on Digital Asset Markets,” — a major shift in the United States’ approach to digital assets.

Reports from Fox Business indicate that the group will develop a federal regulatory framework for digital assets, including stablecoins, and explore the creation of a “strategic national digital assets stockpile.”

Years of legal and regulatory disputes between cryptocurrency advocates and federal authorities preceded this initiative. The directive could provide the digital assets sector with a clearer regulatory path shaped by the White House. Such executive orders often signal the start of federal policy shifts rather than their conclusion, emphasizing Trump’s supportive stance on cryptocurrency.

Chaired by Trump-appointed crypto czar David Sacks, the group includes key figures such as the Treasury Secretary. Scott Bessent, a hedge fund manager chosen to lead the Treasury, has publicly backed the president’s crypto initiatives. In a July interview with Fox Business, Bessent described Trump’s move as a bold advancement for digital assets.

US Bitcoin Reserves “Basically Confirmed”: CZ

The executive order emphasizes preventing agencies from creating a central bank digital currency, while promoting interagency collaboration to develop digital asset policies.

Senator Cynthia Lummis, head of the Senate Banking Digital Assets Subcommittee, has proposed legislation to establish a national bitcoin reserve. The plan involves purchasing 1 million BTC, valued at $108 billion, over five years.

The US remains the largest known nation-state holder of bitcoin, with seizures amounting to 198,109 BTC, worth approximately $21 billion. Binance CEO Changpeng Zhao recently highlighted these developments on X, stating:

“The US strategic Bitcoin reserves have been basically confirmed. Cryptocurrency is once again advancing at the speed of encryption.”

Speculation has also emerged about plans for an “America-first” strategic reserve prioritizing US-based coins like USDC. Unverified reports even linked a bitcoin reserve announcement to Trump’s inauguration speech. That anticipation contributed to bitcoin hitting a record $109,000 earlier this week.

TRUMP Memecoin Soars to $75 Billion

Trump’s official memecoin, TRUMP, debuted during the Crypto Ball in Washington last Friday, rapidly achieving a $15 billion market cap. Within days, its fully diluted value surged to $75 billion, marking it as the fastest-growing memecoin in history. Shortly after, First Lady Melania Trump introduced her memecoin, MELANIA.

Built on Solana, the memecoins ignited discussions over Trump’s preference for Solana instead of Ethereum. Solana’s price reached an all-time high following the launch, while Ethereum gained momentum when the Trump-backed decentralized finance platform, World Liberty Financial, made substantial ether investments.

The platform also secured Ethereum Name Service domains, including worldliberty.eth and trumpcoin.eth, establishing a foothold in the decentralized ecosystem.

@ Newshounds News™

Source:  CoinSpeaker

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TRUMP EXECUTIVE ORDER PAVES WAY FOR FEDERAL CRYPTO RESERVE—BUT DOESN'T MENTION BITCOIN

Donald Trump signed his first executive order on crypto, establishing a working group and prohibiting CBDCs without mentioning Bitcoin.
President Donald Trump signed his first crypto-related executive order on Thursday, formally establishing a Presidential Working Group on Digital Asset Markets and laying the groundwork for exploring some of his campaign promises—including potentially establishing a national reserve for Bitcoin and other assets.

The Presidential Working Group will advise Trump on matters related to crypto policy and inform his decision-making with regards to the industry. Trump previously announced that the group will be led by Silicon Valley venture capitalist David Sacks, the White House’s first-ever “AI and crypto czar.”

Its day-to-day operations will be managed by Bo Hines, a one-time Republican congressional nominee and former college football player. The group will also include the Secretary of the Treasury, the SEC and CFTC heads, and other department and agency leaders.

Decrypt previously reported that the council is expected to consist of 20 crypto founders and CEOs. Industry donors to Trump’s presidential campaign—and perhaps his inaugural fund as well—are likely to be prioritized. The group doesn't have any real authority besides the opportunity to advise Trump and Congress, who will make their own decisions.

The executive order, titled "Strengthening American Leadership in Digital Financial Technology," further tasks the group with exploring the premise of a “strategic national digital assets stockpile,” following Trump’s campaign trail promise to establish a Bitcoin national reserve.

Such an idea has been furthered in the Senate via Senator Cynthia Lummis’ Bitcoin Act, plus several states are now considering their own Bitcoin reserve legislation. However, the executive order does not mention Bitcoin by name, nor does it mention any other specific crypto assets.

Furthermore, the order notes that agencies are blocked from launching central bank digital currencies, or CBDCs, which are often referred to as “digital dollars.” These centralized cryptocurrencies have been widely derided by Republicans due to privacy concerns.

It also aims to “protect and promote” the rights for American companies and citizens to transact and self-custody cryptocurrency, mine crypto and validate blockchain transactions, and launch blockchain software.

It is also expected that Trump will follow up this first crypto-related executive order with several more. A top priority for the industry has been repealing the SEC’s SAB 121 rule, which discourages American banks from holding crypto. Congress repealed SAB 121 last spring, but former president Joe Biden then vetoed the legislation, leaving the rule in place.

Trump is able to rescind SAB 121 with an executive order, and is widely expected to do so.

Other crypto policies that Trump may address in future executive orders include eliminating the SEC’s controversial exchange rule, which targets decentralized finance projects, and directing federal agencies including the State Department to make fostering crypto innovation a national priority.

With or without executive orders, though, The Trump Administration is already off to a running start when it comes to crypto. On Tuesday, the SEC established a new crypto task force led by Hester Peirce, the emphatically pro-industry commissioner.

The task force will aim to “craft sensible disclosure frameworks” that will allow crypto projects and companies to register legally if needed. Doing so will end the SEC’s longstanding, effective policy of regulating the industry by enforcement, an approach that brought much uncertainty to the sector and pushed many firms out of the country.

@ Newshounds News™

Source:  Decrypt

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LEDGER CO-FOUNDER KIDNAPPED AND RELEASED AFTER INTENSE RESCUE MISSION

David Balland was found alive on Wednesday evening after a harrowing two-day manhunt conducted by France’s elite police tactical unit Groupe d’intervention de la Gendarmerie nationale (GIGN).

David Balland Rescued After Two-Day Manhunt

Ledger co-founder David Balland was rescued late Wednesday evening after being kidnapped on Tuesday in the small French town of Vierzon by a sophisticated criminal group that demanded a hefty ransom, according to reporting by French news outlet Le Parisien.

Previous rumors had mistakenly identified the hostage as Éric Larchevêque, Balland’s fellow co-founder. Larchevêque is the former CEO of Ledger and is one of France’s richest entrepreneurs with a net worth of 340 million euros or roughly $350 million USD according to French business magazine Challenges. He reportedly drives around displaying the price of bitcoin (BTC) on his Tesla’s dashboard screen.

La Parisien reported that Balland was taken to hospital soon after being rescued. Other outlets reported that his captors had sent a finger with their ransom demand. Multiple suspects were taken into custody earlier today and the investigation is still ongoing.

“This must be something quite serious because I’ve never seen anything like this in my town,” said Alain Mornay, mayor of of Méreau which is adjacent to Vierzon. “The authorities are still present tonight.”

@ Newshounds News™

Read more:  Botcoin News

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Crypto IPO Boom On The Horizon, Says NYSE Listings Chief

The US initial public offering (IPO) market is anticipating a substantial recovery in 2025, with a noticeable emphasis on listings pertaining to crypto, as the global economy continues to change.

Favorable legislative reforms and increased institutional interest in digital assets are expected to fuel a boom in initial public offerings (IPOs) in the cryptocurrency sector.

A strong US economy and low borrowing rates are largely responsible for this recovery, which should create a favorable atmosphere for businesses looking to exit through an IPO. Even with the recent market fluctuations, the medium-term picture is still promising.

@ Newshounds News™

Read more:  Bitcoinist

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KANSAS BILL AIMS TO ALLOCATE 10% OF RETIREMENT FUNDS TO BITCOIN ETFS

The bill proposes establishing a board of trustees to manage the Bitcoin ETF investments and conduct an annual examination of the investment program.

Kansas State Senator Craig Bowser introduced a bill to invest up to 10% of public employee retirement funds into spot Bitcoin exchange-traded funds (ETFs).

Bowser introduced Senate Bill 34, which seeks to authorize the Kansas Public Employees Retirement System (KPERS) to invest a portion of its retirement fund in Bitcoin-backed ETFs.

@ Newshounds News™

Read more:  CoinTelegraph 

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