News, Rumors and Opinions Tuesday 1-28-2025
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 Tues. 28 Jan. 2025
Compiled Tues. 28 Jan. 2025 12:01 am EST by Judy Byington
Judy Note: Seven Presidential messages will soon(allegedly) play on cell phones worldwide. Three Eight-hour TV Documentaries will (allegedly)follow on TVs Worldwide 24/7 explaining GESARA’s 20 Reforms.
The Pentagon has failed multiple audits, and $billions were missing.
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 Tues. 28 Jan. 2025
Compiled Tues. 28 Jan. 2025 12:01 am EST by Judy Byington
Judy Note: Seven Presidential messages will soon(allegedly) play on cell phones worldwide. Three Eight-hour TV Documentaries will (allegedly)follow on TVs Worldwide 24/7 explaining GESARA’s 20 Reforms.
The Pentagon has failed multiple audits, and $billions were missing.
The privately owned Federal Reserve (allegedly)collected all US Taxpayer dollars and sent the monies to the privately owned Crown of England and then on to the privately owned Vatican, and then on to the Cabal privately owned Central Banks across the World. About a month later, the monies were(allegedly) returned to the privately owned US Inc. New York Bank, where US Taxpayers were charged interest to use their own monies – and that interest was the primary reason for the National Debt of an estimated over $110 Trillion.
No wonder Trump has declared an end to the privately owned Federal Reserve and their privately owned IRS.
Sun. 26 Jan. 2025: KABOOM! Trump Declares the End of Income Taxes! IT MUST BE the NESARA GESARA Era! VIDEO – amg-news.com – American Media Group
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No Income Tax, No IRS, No Federal Reserve = NESARA/GESARA Has Arrived? (RUMORS)
Mon. 27 Jan. 2025 Scott Bessent: “As the new Treasury Secretary, I’m committed to eliminating income taxes, replacing them with a fair consumption tax, and adopting a gold-backed currency. We’ll erase debt, restore financial privacy, and unlock new technologies for a prosperous future. The golden age starts now.” https://x.com/Scott_Bessent/status/1884014609872609669?s=19
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Mon. 27 Jan. 2025: House GOP Targets IRS: Fair Tax Act to Overhaul U.S. Tax System
Judy Note: The House GOP Fair Tax Act of 2025 as below is slightly different from what Trump proposes
The House GOP has unleashed a bombshell: the Fair Tax Act of 2025—a legislative nuke aimed at abolishing the IRS forever. Imagine a nation without income taxes, death taxes, payroll taxes, or corporate taxes. Instead, a single national sales tax would dominate, shifting the burden to every transaction, leaving the elites nowhere to hide.
Why Now? The IRS is crumbling: $20 billion in enforcement funding lost. A leadership overhaul with Trump-backed firebrands ready to gut the institution. Resistance brewing against Direct File systems, threatening to expose deepstate control over your taxes.
The Fair Tax Explained: This act would impose a 23% tax on goods and services starting in 2027. Critics claim it’s a 30% hit, but supporters argue it’s the price of freedom from IRS tyranny. The revenue breakdown is clear: 64.83% for general government spending. 27.43% to Social Security and disability funds. 7.74% for Medicare and healthcare trusts.
Once implemented, the tax rate could fluctuate, tied to government spending—a direct way to hold Washington accountable!
A Radical Shift in Power: This isn’t just about taxes. This is about freedom from the corrupt swamp. For decades, the IRS has funneled wealth upwards while crushing small businesses and working families. With the Fair Tax, the power returns to YOU. No audits. No loopholes for billionaires.
Opposition Panicking: The left-wing media and their globalist allies label this act “radical” and “unworkable.” Why? Because it threatens their empire. A consumption tax forces the elites and even illigal immigrants to pay their share while empowering American workers.
Plans are in motion to: End taxes on tipped workers. Abolish income taxes on Social Security benefits. Impose steep tariffs on foreign goods, keeping American dollars at home.
The Storm Has Arrived: The Fair Tax Act isn’t just a policy—it’s a declaration of war on the corrupt institutions that bleed you dry. The IRS is gasping for air, it’s only a matter of time before it’s obliterated.
Are you ready for a future where the Deepstate can no longer control your wallet? The time to rise is NOW. Stay vigilant. Stay loud. The storm is HERE.
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Mon. 27 Jan. 2025 Elon Musk: DOGE implementing Blockchain Technology in US government operations to track and reduce Federal spending. …Edward Snowden on Telegram
“Elon Musk, the head of the Department of Government Efficiency (DOGE), is reportedly exploring implementations of blockchain technology in US government operations to track and reduce federal spending.
According to Bloomberg, the DOGE is also looking at using blockchain to secure data, make payments, and manage buildings as part of the DOGE’s efficiency push.
Personnel from the newly commissioned non-government department have also met with representatives from public permissionless blockchain networks to consult about potential use by the US government.”
Blockchain technology is going to revolutionize our government in a way that shines the light on everything they do.
Every dollar will be tracked on a blockchain and accounted for.
Every bill in Congress will be put on a blockchain so the American people can read it BEFORE it’s voted on, so that they can voice their opinion to their representatives first.
And every budget will be on a blockchain so the American people can see if Congress is representing the citizens or themselves.
Everything decentralized, open and honest.
It’s going to change everything. Sunlight is the best disinfectant. Our government will be FORCED to be open and honest. The people in control.
Read full post here: https://dinarchronicles.com/2025/01/28/restored-republic-via-a-gcr-update-as-of-january-28-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man We know the economic reforms are underway and we all know there's certain things still missing. I think Alaq has that push button. I think that's about where we are because you haven't see that 12-2c amendment yet...There's a reason for that because they can't, because they're going to have to expose that at or around the same time Alaq does what he needs to do...The good part is it looks like it's coming to the forefront...
Jeff Article: "Al-Sudani calls on American companies to participate in the 'development renaissance' in Iraq" Quote: "Implementation of 18 agreements and MOUs signed during al-Sudani's list to the US in 2024." Iraqi delegation met with US official under Trump back in 2020 and they also met mid-last year in 2024. They're telling you right here they have 18 agreements and MOUs signed and in place ready to implement. That's why they will be meeting just a little later this year, March to April, to discuss the implementation of these items, not to draft them. These meetings don't have anything to do with the rate changing or us waiting for it in March to April. This is getting buckling down getting to business after the rate has already changed.
Trump's Crypto Order: Is CBDC a Bigger Threat to the Dollar Than Bitcoin? Deven Soni
President Donald Trump’s latest executive order on cryptocurrency could redefine the digital financial landscape. The order bans CBDCs, prioritizes financial privacy, and proposes a national digital asset reserve built from lawfully seized cryptocurrencies.
Joining us to break down the impact of this groundbreaking development is Deven Soni, CEO of Matador Technologies. Soni, a seasoned investor and blockchain expert, shares his insights on what this means for Bitcoin, stablecoins, and the broader financial system.
Key Topics
Trump bans central bank digital currencies – what’s next?
The U.S. digital asset reserve: Bitcoin’s role in a new financial era
Stablecoins, tokenization, and the future of financial innovation
How Trump’s policies protect the U.S. dollar and financial liberty
Gold's role and 2025 price outlook
00:00 Welcome
01:27 Implications of the Executive Order
03:25 Bitcoin and National Digital Asset Reserve
06:07 Banning Central Bank Digital Currencies
09:06 Impact on Stable Coins and Financial Liberty
11:33 Senator Cynthia Lummis and Bitcoin Reserve
12:56 SEC's Repeal of Crypto Restrictions
15:53 Tokenization and Future of Digital Assets
19:48 Gold Market Trends and Tariffs
22:03 Matador Technologies and Digital Gold
24:21 Conclusion
Iraq Economic News and Points to Ponder Tuesday AM 1-28-25
After Fidan's Visit To Iraq, A Deputy Reveals The Fate Of The "Road Of Development" Project
January 27, 2025 Baghdad/ Iraq Observer Parliament member Amang Herki revealed the fate of the development road project after the visit of Turkish Foreign Minister Hakan Fidan to Baghdad.
"It is impossible to implement this project currently in light of the regional conditions experienced by Iraq and the region, especially the security conditions from them."
After Fidan's Visit To Iraq, A Deputy Reveals The Fate Of The "Road Of Development" Project
January 27, 2025 Baghdad/ Iraq Observer Parliament member Amang Herki revealed the fate of the development road project after the visit of Turkish Foreign Minister Hakan Fidan to Baghdad.
"It is impossible to implement this project currently in light of the regional conditions experienced by Iraq and the region, especially the security conditions from them."
He added, "There are many topics in the region, and the discussions that took place between the Turkish Foreign Minister in Baghdad were one of the partial topics that were discussed with the Iraqi side, where there are other topics that were discussed from the situation in Syria," noting that
"the meeting was It has a security character more than an economic nature.”
Global Economy and Trump
A member of the House of Representatives stressed that
"the global economic policy witnessed a major change in the region, especially during the
inauguration of US President Donald Trump, in addition to
this reflection on the Middle East, the
Syrian situation and the
Turkish move in the region," noting that
"it is difficult to predict the possibility of directing the project of development in the shadow All these current circumstances.”
Earlier, the Minister of Transport, Razzaq Muhaibis Al -Saadawi, confirmed that the
middle of this year will witness the announcement of the first passage of the development road project, indicating that the
completion rates in the project are very advanced, where the
economic feasibility has been completed by 100%, and the
initial designs of the railway, the highway and approval were completed Its 100%, and the
completion of soil tests for a distance of 1,000 km out of 1,200 km, as well as
approving the final path of the project, and
starting to prepare detailed designs.
Advanced achievement rates
The minister explained that
“Prime Minister Mohamed Shawaa Al -Sudani stressed the
need to adhere to the specified time timing and
not to allow any delay or delay in implementing the project.
The Minister indicated the role of consulting companies:
“The Italian company BTP will be responsible for the initial and detailed designs, economic feasibility, and soil examinations, while
the German company Oliver and Ayman will be charged with preparing the financial and economic model, project governance, and marketing.”
The Turkish Foreign Minister, Hakan Fidan, arrived in the capital, Baghdad, to hold talks with Iraqi officials.
The Turkish minister discussed economic, security and regional files, most notably the lines of
accelerating the implementation of the project of development and the
participation of Turkish companies in this project, in addition to
raising the volume of trade exchange between the two countries and the file of the
Kurdistan Workers' Party and the developments of the
situation in Syria and the region. https://observeriraq.net/بعد-زيارة-فيدان-الى-العراق-نائب-يكشف-م/
Introduction
January 27, 2025 An introductory overview of the Directorate
The Directorate of Control of Non-Banking Financial Institutions in the Central Bank of Iraq shall be responsible for licensing, supervising and controlling non-bank financial institutions,
with the aim of
protecting the financial system from potential risks and
enhancing confidence in the non -banking financial sector.
It also seeks to ensure the provision of safe and effective financial services to citizens,
in addition to ensuring that these institutions comply with laws and instructions in accordance with international standards in the field of compliance, which contributes to promoting financial stability. https://cbi.iq/news/view/2779
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
How To Avoid, Prevent 'Financial Infidelity' In Your Relationship
How To Avoid, Prevent 'Financial Infidelity' In Your Relationship
Brad Smith Mon, January 27, Yahoo Finance Video
Bankrate Senior Industry analyst Ted Rossman joins Wealth to discuss how couples can avoid financial infidelity in their relationships.
According to Rossman, secret spending is the most common form of financial infidelity, followed by hidden debt and concealed credit cards or bank accounts. He explains that people often hide financial matters because "they feel ashamed about the way they handle money" or they're seeking independence, noting "it's hard for people to mesh those money personalities."
How To Avoid, Prevent 'Financial Infidelity' In Your Relationship
Brad Smith Mon, January 27, Yahoo Finance Video
Bankrate Senior Industry analyst Ted Rossman joins Wealth to discuss how couples can avoid financial infidelity in their relationships.
According to Rossman, secret spending is the most common form of financial infidelity, followed by hidden debt and concealed credit cards or bank accounts. He explains that people often hide financial matters because "they feel ashamed about the way they handle money" or they're seeking independence, noting "it's hard for people to mesh those money personalities."
Rossman advocates for the "yours, mine, ours" approach to money management. This strategy allows couples to be transparent about joint expenses while maintaining some financial independence. "Increasingly, people are craving some sort of financial separation, even within a relationship," he states, citing that 60% of couples maintain separate accounts.
Rossman emphasizes transparency as the key distinction: "It's financial infidelity when it's a secret." He stresses the importance of open communication, adding that couples should discuss "not just where it's going today but also where you want it to go in the future."
To watch more expert insights and analysis on the latest market action, check out more Wealth here.
This post was written by Angel Smith
TO READ MORE AND VIEW VIDEO:
https://www.yahoo.com/finance/video/avoid-prevent-financial-infidelity-relationship-200500599.html
Seeds of Wisdom RV and Economic Updates Tuesday Morning 1-28-25
Good Morning Dinar Recaps,
SENATE CONFIRMS PRO-CRYPTO SCOTT BESSENT AS US TREASURY SECRETARY
As US Treasury secretary, billionaire hedge fund manager Scott Bessent will have sway over fiscal policy, financial regulations, international sanctions and overseas investments.
The US Senate has confirmed Donald Trump’s pick for US Treasury secretary, billionaire hedge fund manager Scott Bessent.
Good Morning Dinar Recaps,
SENATE CONFIRMS PRO-CRYPTO SCOTT BESSENT AS US TREASURY SECRETARY
As US Treasury secretary, billionaire hedge fund manager Scott Bessent will have sway over fiscal policy, financial regulations, international sanctions and overseas investments.
The US Senate has confirmed Donald Trump’s pick for US Treasury secretary, billionaire hedge fund manager Scott Bessent.
On Jan. 27, the Senate voted 68 to 29 to confirm Besset, with 16 Democrats supporting the nomination.
Ripple CEO Brad Garlinghouse congratulated Bessent on X, adding that he was “confident he’ll enact common-sense economic policies, working with the Administration and Congress to grow US tech and crypto innovation.”
As Treasury secretary, Bessent will have influence over the nation’s tax collections and its $28 trillion Treasury debt market. He will also have sway over fiscal policy, financial regulations, international sanctions, and overseas investments.
The 62-year-old Tennessee lawmaker strongly supports Trump’s economic agenda, including the renewal of $4 trillion in expiring tax cuts, the implementation of tariffs, and increased oil production. He also pushed back against the idea that Trump’s policies would be inflationary, Reuters reported.
During his confirmation hearing, Bessent said that government spending was “out of control.”
Bessent is known to be pro-crypto and against the notion of a central bank digital currency along with President Trump. “I see no reason for the US to have a central bank digital currency,” he said in a Jan. 16 Senate Finance Committee hearing.
He’s also said a central bank digital currency is for countries that have “no other investment alternatives” and are “doing it out of necessity.”
Bessent told Fox Business in July that he has “been excited about the president’s embrace of crypto, and I think it fits very well with the Republican Party. Crypto is about freedom, and the crypto economy is here to stay.”
Under Trump’s Jan. 23 crypto executive order, the Treasury will take a role in the governmental working group to hash out the strategy for US crypto policy.
Trump’s AI and crypto czar David Sacks, and the chairs of the Securities and Exchange Commission and the Commodity Futures Trading Commission will also form part of the working group.
@ Newshounds News™
Source: CoinTelegraph
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CFTC ACTING CHAIR PHAMS CALLS ROUNDTABLE TO TACKLE CRYPTO ISSUES
Caroline Pham said the CFTC would “get back to basics” by hosting a series of roundtable talks with crypto industry leaders to address regulatory pain points.
On Jan. 27, Caroline Pham, acting chair of the Commodity Futures Trading Commission, said that the regulator plans to engage with digital asset stakeholders to discuss market structure and prediction markets as the U.S. pivots toward greater crypto adoption.
According to Pham, the CFTC “must take a forward-looking approach” to resolve conflicts of interest and policy gaps left by the previous administration.
Innovation and new technology has created a renaissance in markets that presents new opportunities that are accessible to more people, as well as risks. The CFTC will get back to basics by hosting staff roundtables that will develop a robust administrative record with studies, data, expert reports, and public input. ~ Caroline Pham, acting CFTC chair
Pham’s decision to include prediction markets in the roundtables could reignite speculation over the CFTC’s stance on the sector. Previously, former chair Rostin Behnam criticized prediction markets, declaring them harmful to public interest.
Prediction markets like Polymarket and Kalshi gained prominence toward the end of last year. These platforms, which allow users to wager on real-world outcomes, became popular sources of electoral data, accurately predicting the winner of the general elections and several other races.
The CFTC previously sued Kalshi to halt its political betting contracts, initially winning in court. However, Kalshi eventually secured court approval to list its presidential outcome markets for U.S. customers. Notably, Polymarket remained unavailable to American users at the time of publication.
The roundtable discussions will occur over several months to align agency mandate with industry development, Pham said in her CFTC-issued statement.
Pham was selected to head the regulatory by President Donald Trump last week as part of the first official steps to overhaul anti-crypto sentiment entrenched in U.S. market watchdogs.
While she is acting chair, Behnam will formally leave the commission on Feb. 7. Trump’s preferred nominee to succeed Behnam has not yet been announced, and it is unclear how long Pham will serve as acting chair.
@ Newshounds News™
Source: Crypto News
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“Tidbits From TNT” Tuesday Morning 1-28-2025
TNT:
Tishwash: Planning and the World Bank discuss a number of development issues and financing strategic projects
Minister of Planning Mohammed Ali Tamim discussed today, Tuesday, with the Vice President of the World Bank for the Middle East and North Africa, Othman Dioni, joint cooperation and ways to enhance it to serve the development process in Iraq.
The ministry stated in a statement that "Tamim discussed during his reception of Dioni and his accompanying delegation, several topics, including the railway link project between Iraq and Turkey within the development road project, and the electrical link project with neighboring countries, especially with the Kingdom of Saudi Arabia and the State of Kuwait, in addition to discussing cooperation in the field of highway projects, water management, and the development and expansion of Baghdad International Airport.
TNT:
Tishwash: Planning and the World Bank discuss a number of development issues and financing strategic projects
Minister of Planning Mohammed Ali Tamim discussed today, Tuesday, with the Vice President of the World Bank for the Middle East and North Africa, Othman Dioni, joint cooperation and ways to enhance it to serve the development process in Iraq.
The ministry stated in a statement that "Tamim discussed during his reception of Dioni and his accompanying delegation, several topics, including the railway link project between Iraq and Turkey within the development road project, and the electrical link project with neighboring countries, especially with the Kingdom of Saudi Arabia and the State of Kuwait, in addition to discussing cooperation in the field of highway projects, water management, and the development and expansion of Baghdad International Airport.
For his part, the Vice President of the World Bank, Dioni, stressed that Iraq represents a priority, within their future plans, expressing his readiness to support strategic projects in various development sectors. link
Tishwash: Parliamentary Committee: Government Focuses on Supporting Non-Oil Revenues and Attracting Global Investments
The Parliamentary Economic Committee confirmed, on Monday, the development of a plan to study the financial situation and encourage non-oil revenues, while indicating the government's support for the move towards non-oil revenues that strengthen the national economy and attract global investments.
Committee member Ruqayya Al-Nouri said in a statement reported by the official news agency, and seen by "Al-Eqtisad News", that "the committee supports economic trends that benefit the country in general," indicating that "there are many opportunities in the field of non-oil revenues."
She added, "The committee needs to work together to study the financial and economic situation and encourage non-oil revenues while monitoring their distribution," indicating that "Iraq has a vast stock of natural resources, and is a rich country not only in terms of oil, which encourages international companies to invest."
She added, "The government of Prime Minister Mohammed Shia al-Sudani greatly supports the diversification of non-oil revenues and constantly emphasizes this trend." link
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Tishwash: Financial disclosure and transparency is a strategic approach for the Central Bank
Samir Al-Nusairi
In the past few days, officials in financial and monetary policy were surprised by the statements of some unspecialized analysts and unspecialized media outlets about the crisis of the lack of liquidity in the Ministry of Finance and the Central Bank and the impact of this on delaying the securing of salaries of employees, retirees and social care.
The truth is that there is absolutely no such crisis, and this is what the Ministry of Finance and the Central Bank confirmed.
Central banks in the world's countries aim primarily to achieve economic stability by achieving monetary and financial stability according to their programs and strategies that aim to maintain stability in the exchange rate of their local currencies against other foreign currencies and build sufficient foreign reserves according to special international standards.
Banks are also evaluated based on other standards related to facing crises, challenges and economic and political shocks in their countries and controlling stable rates of inflation and interest rates and implementing compliance systems and rules and combating money laundering and terrorist financing.
The Central Bank of Iraq's journey during 2023 and 2024 has proven that it is moving steadily towards achieving the objectives of monetary policy and with a consistent and strategic approach that relies on transparency and disclosure of financial data and dealing with international financial organizations and institutions, based on the keenness to restore confidence in international banking transactions, which Iraq suffered from in previous years due to reputational risks and the negative media impact towards harming the Iraqi economy and leaking inaccurate and fabricated data, information and statements intentionally or by relying on data from other than its official source, which is the Central Bank exclusively.
This led the Central Bank's management, which assumed responsibility in 2023, to draw up its third strategy, and one of its most prominent main and sub-goals was to adopt transparency and disclosure locally and internationally about the progress of the results achieved by the financial and banking sector and adherence to the standard international standards applied by reputable international banks, which led to the creation of a new and balanced relationship with international banks and banking institutions based on trust in the financial data provided and announced by the Central Bank.
This is what he announced from statistics, data and accurate analyses of what was achieved during the past two years. These are positive indicators achieved by the Central Bank for the third quarter of 2024 compared to the same period in 2022 and 2023, as the total deposits in banks operating in Iraq grew by (4.2%) and amounted to (127.6) trillion dinars, compared to its value of (122.4) trillion dinars in the third quarter of 2023, and the cash credit granted by operating banks also recorded a growth of (11.6%) and amounted to (72.7) trillion dinars, compared to its value of (65.1) trillion dinars in the third quarter of 2023.
Indicators and data showed that the narrow money supply in Iraq recorded a growth of (4.1%) in the third quarter of 2024, as its value reached (158.6) trillion dinars, compared to its value of (152.4) trillion dinars in the third quarter of 2023. In contrast, the broad money supply in Iraq recorded a growth of (3.3%), as its value reached (179.1) trillion dinars, compared to its value of (173.9) trillion dinars in the third quarter of 2023.
The Central Bank's gold reserves also recorded a significant growth of (57%) in the third quarter of 2024, reaching (16) trillion dinars, compared to (10.7) trillion dinars in the third quarter of 2023, and the annual inflation rates in Iraq are among the lowest annual inflation rates in the countries of the region for the months of August and September of 2024, ranging between (3.1%) and (3.7%) respectively, which reflects price stability and the success of monetary policy in Iraq.
This confirms that the data issued by the Central Bank, published on its website and included in all media releases it issues, refute what is stated by non-specialists, such as representatives and analysts in various media outlets, especially regarding liquidity, reserves and salaries.
Through my analysis as a follower and specialist, I believe that the Central Bank’s disclosure of financial data with the required accuracy will greatly help restore confidence in our national economy and the Iraqi banking sector locally and internationally, because disclosure, transparency and credibility will contribute to restoring confidence in the Iraqi banking sector and raising the rate of financial inclusion. link
Mot: .. oooooh -- Yea -- Right!! --- LOL
Mot: I NEVER Worry bout being - over da Hill --- never over the hill
MilitiaMan & Crew Report Iraq Dinar News-Abu Dhabi MOUs on Securities Commision-International Transactions-CBI
MilitiaMan & Crew Report Iraq Dinar News-Abu Dhabi MOUs on Securities Commision-International Transactions-CBI
1-27-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew Report Iraq Dinar News-Abu Dhabi MOUs on Securities Commision-International Transactions-CBI
1-27-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraq Economic News and Points to Ponder Monday Evening 1-27-25
Jan 27
Specializations And Tasks
January 27, 2025 The competencies and tasks of the directorate
License of non -bank financial institutions
All licensing applications are carefully examined according to the principle of equality between all requests, in order to ensure the availability of conditions that allow competition in the Iraqi market and keep pace with rapid developments in the global and local financial sectors, while achieving the utmost efficiency and transparency.
Specializations And Tasks
January 27, 2025 The competencies and tasks of the directorate
License of non -bank financial institutions
All licensing applications are carefully examined according to the principle of equality between all requests, in order to ensure the availability of conditions that allow competition in the Iraqi market and keep pace with rapid developments in the global and local financial sectors, while achieving the utmost efficiency and transparency.
Supervising and controlling non-bank financial institutions
This directorate works as a supervisory authority, as it adopts a flexible and contemporary monitoring approach that enables it to supervise and monitor to ensure success in the Iraqi financial sector. https://cbi.iq/news/view/2778
Laws, Regulations And Instructions
January 27, 2025 Laws, regulations and instructions
The Iraqi Central Bank Law.
The Anti-Money Laundering and Terrorist Financing Law No. 3 of 2015.
Electronic payment services system No. 2 of 2024.
Work controls for foreign remittances service providers for the year 2021.
Working controls for exchange companies.
Financial companies work controls.
https://cbi.iq/news/view/2777
Gold Prices Stabilize In Baghdad
Energy Economy News – Baghdad The prices of "foreign and Iraqi" gold stabilized in the local markets in the capital, Baghdad, today, Monday, recording the same prices that were monitored yesterday.
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 584 thousand dinars, and a purchase price of 580 thousand dinars.
The selling price of one mithqal of 21-karat Iraqi gold reached 554 thousand dinars, and the purchase price was 550 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=52317
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
When Financial Infidelity Rears Its Ugly Head
When Financial Infidelity Rears Its Ugly Head
Maurie Backman Mon, January 27, 2025 Moneywise
I found out my wife, 52, has more than $90K stashed in a secret savings account. What do I do now?
Money can be a point of contention in any marriage. And sometimes, the tension it creates can have big consequences. Roughly two-thirds of U.S. divorces happen to couples in their 20s, 30s and 40s, according to the American Psychological Association. But the rate of divorce among adults 50 and older doubled between 1990 and 2010. And as of 2019, 36% of U.S. divorces were among adults 50 and up.
Now there are various factors that can lead to divorce, but money tends to be a big contributor. And if you're in your 50s and just found out that your wife has been secretly hiding money in a savings account throughout your 20-year marriage, you may be experiencing a range of emotions, from anger to sadness.
When Financial Infidelity Rears Its Ugly Head
Maurie Backman Mon, January 27, 2025 Moneywise
I found out my wife, 52, has more than $90K stashed in a secret savings account. What do I do now?
Money can be a point of contention in any marriage. And sometimes, the tension it creates can have big consequences. Roughly two-thirds of U.S. divorces happen to couples in their 20s, 30s and 40s, according to the American Psychological Association. But the rate of divorce among adults 50 and older doubled between 1990 and 2010. And as of 2019, 36% of U.S. divorces were among adults 50 and up.
Now there are various factors that can lead to divorce, but money tends to be a big contributor. And if you're in your 50s and just found out that your wife has been secretly hiding money in a savings account throughout your 20-year marriage, you may be experiencing a range of emotions, from anger to sadness.
You may also be wondering how to cope with the news — especially if you're talking about a large sum of money like $90,000.
But divorce isn't necessarily the answer. There may be ways you can salvage your marriage and move forward in a more open and honest fashion with one another.
When financial infidelity rears its ugly head
Financial infidelity can take on a lot of forms. For some couples, it can mean one person racking up scores of debt and keeping it a secret. In others, it can mean having a hidden savings account that isn't shared with a partner.
A recent study shows that more than 40% of U.S. adults who are married or live with a partner have kept a financial secret from their significant other.
This is consistent with a late 2021 survey by the National Endowment for Financial Education (NEFE) which found that 43% of U.S. adults have engaged in financial deception.
The most common type of financial infidelity identified was hiding specific purchases, bank accounts, statements or cash (39%), followed by racking up debt in secret or lying about money that was earned (21%).
How to cope with financial infidelity
Financial infidelity can be a tough thing to get over. The NEFE says that among couples who experienced it, 32% wound up with less trust in the relationship. And for 16%, it ultimately caused them to separate their finances or get divorced.
TO READ MORE: https://www.yahoo.com/finance/news/found-wife-52-more-90k-120500120.html
Seeds of Wisdom RV and Economic Updates Monday Evening 1-27-25
Good Evening Dinar Recaps,
DEEPSEEK AI DEBUT SPARKS CRYPTO MARKET SELL-OFF AMID RISING TECH COMPETITION
The release of DeepSeek, a Chinese artificial intelligence (AI) model designed to rival OpenAI's ChatGPT, triggered a sell-off in U.S. tech stocks, bringing crypto down too. But analysts say cheaper AI may actually be good news for the space.
This advanced model is reportedly faster and cheaper than its American counterpart, offering features such as natural language processing and integration capabilities that position it as a direct competitor in the global AI arms race.
Good Evening Dinar Recaps,
DEEPSEEK AI DEBUT SPARKS CRYPTO MARKET SELL-OFF AMID RISING TECH COMPETITION
The release of DeepSeek, a Chinese artificial intelligence (AI) model designed to rival OpenAI's ChatGPT, triggered a sell-off in U.S. tech stocks, bringing crypto down too. But analysts say cheaper AI may actually be good news for the space.
This advanced model is reportedly faster and cheaper than its American counterpart, offering features such as natural language processing and integration capabilities that position it as a direct competitor in the global AI arms race.
Cheaper AI models benefit both crypto and broader AI consumers by lowering the cost barrier to access advanced AI tools.
Over the past 24 hours, Bitcoin (BTC) fell by 4% to $100,000, while Ethereum (ETH) dropped by 6% to $3,100. Meanwhile, the total market capitalization of cryptocurrencies fell by 8%, dropping to $3.52 trillion, according to CoinGecko. Liquidations over the past 24 hours totaled nearly $1 billion, according to CoinGlass.
Knee-Jerk
The debut of DeepSeek, coupled with intensifying competition in the AI sector, is reshaping investor sentiment across both tech stocks and the cryptocurrency market. Investors are selling riskier assets as they take time to digest this new information and how it might affect their holdings.
Jean Rausis, co-founder of decentralized finance ecosystem SmarDex, noted that the drop in crypto prices is more of a knee-jerk reaction to tech news rather than a direct consequence of the DeepSeek release itself.
“Because crypto trades 24/7, it’s often the go-to when big tech news breaks and the US market is closed – even if it has nothing to do with Bitcoin or other cryptocurrencies,” Rausis said.
Crypto’s strong correlation with the Nasdaq underscores its position within the same investment category as tech stocks, Rausis added, explaining that both markets often respond similarly to major news due to shared investor sentiment and overlapping liquidity sources.
“Investors in crypto share the same mindset as tech stockholders, and the liquidity sources are often the same, so they often move in tandem when big tech news breaks,” he said. “It doesn’t really have anything to do with fundamentals – just sentiment.”
Long-Term Positive
Despite the initial panic, Rausis believes competition in AI is ultimately positive for consumers and aligns with crypto’s ethos of decentralization. “For traders, this volatility could just be an opportunity to buy in at a lower price,” he said.
Anthony Pompliano, Founder & CEO of Professional Capital Management, echoed Rausis’ sentiment in a post on X this morning. He said that while DeepSeek’s launch sparked uncertainty and volatility in the market, broader access to AI should be long-term positive.
“More companies are able to leverage the technology to create economic activity and drive GDP growth,” Pompliano wrote. “Individuals should be able to save time and become more effective at their jobs. And more problems will be solved. So Deepseek’s innovation will drive more use of AI, rather than less. This is all positive on a macro basis.”
Fake DeepSeek Token
Amid the market drop, a fraudulent token claiming ties to DeepSeek briefly surged to a $48 million market cap on Solana, only to plunge to $6 million, according to Bird Eye. Created weeks before DeepSeek’s release, the token exploited the hype surrounding the AI model.
“DeepSeek has not issued any cryptocurrency,” the team stated, clarifying that it operates only one verified X account.
@ Newshounds News™
Source: The Defiant
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BRICS TO INTRODUCE BITCOIN RESERVE? US EXPERT SAYS ITS POSSIBLE
Both the BRICS alliance and the United States have been engaged in some brewing geopolitical conflict over the last month. With US President Donald Trump eyeing a steep 100% tariff threat, all eyes are on what the bloc could do. Moreover, with both sides looking to continue their growth in the digital asset class, one expert says BRICS could be set to introduce its own Bitcoin reserve.
The news follows the announcement that the US would be introducing its own cryptocurrency stockpile. Although it is not the strategic BTC reserve many had hoped, it still will see the country firmly embrace the asset class. In response, one expert notes that the global south could turn to the leading cryptocurrency by market cap.
BRICS Bitcoin Reserve a Possibility as Nations Begin Cryptocurrency Embrace
The United States has firmly embraced cryptocurrencies since Donald Trump was inaugurated last week. Indeed, he has already ordered the asset to become a “national priority.” Meanwhile, speaking at the World Economic Forum, he claimed the country would soon become the “world capital” of AI and crypto.
That has led many to theorize what the rest of the world could do. Specifically, a host of nations are seeking to also implement similar action. Chief among them is the BRICS alliance, which one expert says could turn to create its own Bitcoin reserve.
US Space Force officer Jason P. Lowery recently took to X (formerly Twitter) to discuss the prospects. Specifically, he discussed the economic alliance’s prospects for its own cryptocurrency initiatives. However, he noted one token remained key.
“Do you really think BRICS is interested in adding a meme coin to their reserves, or one controlled by an American CEO?” Lowery said of crypto options like XRP. “Do you believe they’d choose a USD stablecoin issued by an American company trying to position itself as a neo-Federal Reserve Bank?” he further questioned.
“Or are they far more likely to adopt the coin that has been relentlessly vilified and condemned by the US for over 15 years?” he added. “That coin guarantees covering access to block space, ensuring transactions cannot be censored or denied, provided they continue to possess the physical power and infrastructure ‘they’ve already invested in."
This echoes similar sentiments made by Russian President Vladimir Putin himself. The leader applauded Bitcoin. Moreover, he noted that it is an asset that cannot be controlled. As the bloc has struggled against sanctions and US dollar weaponization, this seems increasingly important.
@ Newshounds News™
Source: Wattcher Guru
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Monday Evening News With MarkZ 1-27-2025
Monday Evening News With MarkZ
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good evening and hope you all had a very good day.
Member: BREAKING: Scott Bessent wins US Senate approval as Treasury chief
MZ” “Senate confirms Scott Bessent as Treasury Secretary” …..
Monday Evening News With MarkZ
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good evening and hope you all had a very good day.
Member: BREAKING: Scott Bessent wins US Senate approval as Treasury chief
MZ” “Senate confirms Scott Bessent as Treasury Secretary” …..
Member: Maybe that is what we have been waiting for????
MZ: It has been painfully quiet on the bond side , banker side and group side this afternoon.
Member: Tony said banks are working for the next 20 days…..guess we will see.
MZ: Well my bank contacts were told to be prepared to work for the next few weekends….so maybe.
Member: Are we still waiting for a bank crash.?
MZ: With the new administration we may not have a bank crash now…..but if we do…it will trigger the reset.
Member: The new treasury secretary said we are actually , probably going gold backed!
Member: Congressman from Georgia Carter is pushing “Fair Tax”. This gets rid of IRS and tax controls and gives the power back to the people.
Member: Trump also just said publicly he wants tariffs instead of income tax!
Member: Mark they also have HR25 going through the house eliminating all taxes except flat tax
MZ: Looks like many things are coming together
MZ: “Iraq boosts its financial stability with huge stores of dollars and Gold in America and Europe” I really find this one interesting. They US treasuries, bonds, cash and GOLD…….to provide cover for its local currency!!
MZ: Why do you think they keep telling us how sound, secure and stable it is? They want us to embrace it when the change the value….
MZ: “ Parliamentary Integrity: The region committed serious violations and did not abide by the state budget” They are coming to the end of it…
MZ: “Reform package revives 1,000 stalled projects .” Because they couldn’t agree on the budget the last few years…..they have been holding off on projects for a few years.
Member: If Iraq is completing their projects without having a new exchange rate, why would they be in any hurry to have one?
MZ: They have not been able to do them all….They have been stalled… People are looking for a new rate. But they are getting ready to restart them. They cannot do 1,000 projects without a massive infusion of cash. I believe they are setting the stage and we are getting ready to see it.
Member: what comes first, Iraq rate change or passing of the budget and HCL?
Member: Probably close to the same time. Hope its soon.
MZ: We may just see it passed this week.
Member: Soon has become a not nice 4 letter word
Member: I heard that Iraq’s budget is due by March 31st. I heard they can’t continue without the RV if the dinar stays at 1300. With that logic you would think it has to be done by then.
Member: Dr. Shabibi said it’d be confusing at the end. He wasn’t wrong
Member: Don't forget everyone Kuwait said they weren't going to go for another 3 to 6 mos and then went later that day!
Member: Keep the faith and all the waiting will be worth it once it happens.
Member: Thank you MarkZ, MODS and Fellow Patriots!!!! Good night !!!
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
More “Iraq News” posted by Clare at KTFA 1-27-2025
KTFA:
Clare: Iraq boosts financial stability with huge dollar and gold reserves in US, Europe
1/27/2025
A country that has huge reserves of hard currency is considered an economically stable country that can intervene at any time to address imbalances in the balance of payments structure. It also provides an important element in establishing the country's creditworthiness, enhances the country's credit rating in international transactions, and provides cover for its local currency.
The country that has reserves takes into account their diversification (securities, deposits, gold and bonds...) in addition to geographical distribution to reduce exposure to risks and provide returns that ensure the sustainability of these reserves.
KTFA:
Clare: Iraq boosts financial stability with huge dollar and gold reserves in US, Europe
1/27/2025
A country that has huge reserves of hard currency is considered an economically stable country that can intervene at any time to address imbalances in the balance of payments structure. It also provides an important element in establishing the country's creditworthiness, enhances the country's credit rating in international transactions, and provides cover for its local currency.
The country that has reserves takes into account their diversification (securities, deposits, gold and bonds...) in addition to geographical distribution to reduce exposure to risks and provide returns that ensure the sustainability of these reserves.
Diversified financial assets
In this regard, the Prime Minister's Advisor, Mazhar Mohammed Salih, explained to Shafak News Agency, "Countries seek to diversify their reserves to include different currencies and various financial assets to achieve greater stability, and the US dollar is the main reserve in the reserves of these countries, because it is the most accepted and used global currency in international transactions and the most flexible."
He added, "Most countries prefer to hold assets that provide them with a fixed and stable income, such as US or European treasury bonds that can generate annual interest, while gold does not generate fixed returns like government bonds."
Saleh pointed out that "it is difficult to deal with gold in times of crisis, as it is difficult to convert gold into liquidity quickly compared to other financial assets such as foreign currencies and bonds."
The foreign exchange reserve is the country's reserve of foreign currencies, and is called the foreign exchange reserve. The purpose of the reserve is to protect itself and maneuver with it in times of economic recession or war.
The Central Bank of Iraq announced in 2024 that Iraq has a foreign currency reserve exceeding $100 billion.
Bond investment
For his part, the economic expert and professor of economics at the University of Iraq, Abdul Rahman Al-Mashhadani, stated that “the existing reserves of hard currencies are the reserves of countries, not governments,” indicating that “Iraq possesses a group of them amounting to approximately 106 billion dollars, of which 16 billion dollars is the value of gold in these reserves, and the rest is foreign currencies.”
Al-Mashhadani explained, during his talk to the agency, that "gold as a reserve cannot be invested except by buying and selling. Iraq sells when the price of gold rises and buys when the price falls, and thus achieves profits in this field," adding, "Its storage in international banks is subject to fees."
He pointed out that "the currency reserve is divided into more than one section, some of which are invested in US Treasury bonds in the range of 31 to 34 billion dollars, and the rest are used for debts," noting that "Iraq does not have sovereign funds like Saudi Arabia and others for surplus currencies, which are invested in various fields."
Iraq has 152.6 tons of gold reserves, which makes it 29th in the world out of 100 countries listed in the reserves table, and third in the Arab world after Saudi Arabia and Lebanon.
Foreign investment
In contrast, the financial expert and former general manager of the Central Bank, Mahmoud Dagher, pointed out that “Iraq has more than 100 billion dollars distributed among the world’s banks and central banks, especially the US Federal Reserve, the European Bank, the Bank of England in Britain, the Basel Bank in Switzerland, the Emirates, and Saudi Arabia.”
Dagher told Shafaq News Agency, "These reserves contain foreign currencies, bonds, and gold, and are managed by the Central Bank and achieve good financial returns. This is what is called foreign investment."
Coin cover
In addition, Jamal Kojer, a member of the Parliamentary Finance Committee, told the agency, "Iraq's large reserves of hard currency, including gold, provide cover for the local currency and give it stability."
Koger added, "Many bet on the fall and demise of the currency, and therefore these reserves make the central bank intervene in the event of any imbalance facing financial policy."
Variable reserves
But the economic expert, Hilal Al-Taan, saw that “all countries of the world boast about the amount of hard currency they have as a reserve, and this currency consists of the currencies of countries such as the dollar, the euro, and the franc, as well as gold.”
Al-Taan concluded, during his interview with Shafaq News Agency, that "Iraq is among the countries that were able, after 2003, to increase their currency balance to more than 110 billion dollars, and also to increase their gold balance to more than 150 tons."
He concluded his speech by saying, "These reserves are constantly changing in terms of the returns that Iraq obtains, through investing these currencies as interest in banks and as bonds." LINK
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Clare: CMC and U.S. Chamber of Commerce discuss supporting the Iraqi private sector in the United States
1/27/2025 Baghdad
The Commission of Media and Communications CMC and the U.S. Chamber of Commerce discussed on Monday the support of the Iraqi private sector and its presence in the United States, stressing the importance of strengthening the presence of American technology major companies in Iraq.
CMC stated in a statement obtained by the Iraqi News Agency (INA), that "the Chairman of CMC, Ali Al-Moayyad, received at the Commission's headquarters in Baghdad, the Chairman of the US-Iraqi Business Council and Vice President of the American Chamber of Commerce, Steve Lotus."
CMC added that "during the meeting, they reviewed the major transformations taking place in Iraq, including the urban revolution and the noticeable developments in infrastructure, as well as the Iraqi media experience, which is a model to be followed in the region, and the great achievements witnessed by the media sector after 2003, including the remarkable expansion in the number of media institutions."
CMC added that "the meeting discussed the importance of the communications and technology sector in supporting the Iraqi economy, as it represents the second source of state resources after the oil sector," pointing out that "during the meeting, the significant growth in the authority's resources, which tripled during the last two years, was addressed."
CMC pointed to "emphasizing the importance of strengthening the presence of American technology major companies in Iraq, as this represents an added value to the national economy, the transfer of modern technologies and the development of technological infrastructure," noting that "the meeting also discussed the necessary facilities to support Iraqi private sector investments and strengthen its presence in the United States, ensuring a high level of economic and technological cooperation between the two countries."
CMC pointed out that "the meeting also reviewed opportunities for cooperation with American companies to develop the digital economy in Iraq, strengthen technological infrastructure, in addition to providing support in developing regulations and legislation that serve the private sector, and the fields of digitization and communications that are witnessing rapid developments." LINK
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Clare: Al-Sudani sponsors a memorandum of understanding between the Iraqi Securities and the Abu Dhabi Market
1/27/2025
On Monday, the Prime Minister of the Federal Council, Mohammed Shia Al-Sudani, sponsored the signing ceremony of a memorandum of understanding between the Iraqi Securities Commission and the Abu Dhabi Securities Market.
His media office said in a statement received by Shafak News Agency that Al-Sudani received today the CEO of the Abu Dhabi Securities Market, Abdullah Salem Al-Nuaimi, and discussed ways of joint cooperation in the field of exchanging expertise and developing mechanisms for expanding the activities of the private sector to achieve economic growth.
The statement added that Al-Sudani sponsored the signing ceremony of a memorandum of understanding between the Securities and Exchange Commission and the Abu Dhabi Securities Market, where Faisal Wissam Al-Haimus, Chairman of the Securities and Exchange Commission, signed on the Iraqi side, and Abdullah Al-Naimi signed on the Emirati side.
The MoU includes axes of cooperation in several areas, the most important of which are enhancing and developing the monitoring of daily trading in the market, and brokerage firms, cooperation in the field of dual listing conditions and mechanisms, and in developing and using technological applications and applications and mechanisms for subscriptions and initial listings, as well as in the field of cases of suspending trading on shares and timings for re-trading, and the requirements for licensing REIT funds.
The memorandum also included the exchange of expertise in the field of training, especially the activities of supervision and information technology, trading and clearing, digital transformation and financial analysis, depositing, managing funds and portfolios and supervising them, cooperation in the field of Islamic bonds and sukuk, depositing, settlement and independent financial services, and the requirements and mechanism for opening accounts for foreign investors from outside the country.
In light of the memorandum, Emirati investments will be encouraged in establishing Iraqi companies with Emirati-Iraqi capital, and their trading in both markets will be explored, according to the statement.LINK
Clare: Baghdad and Erbil agreed.. Parliamentary consensus to pass the budget law amendment soon
1/27/2025 Baghdad
Today, Monday (January 27, 2025), the representative of the Al-Fatah Alliance, Mukhtar Al-Moussawi, confirmed that there is a parliamentary consensus to pass the amendment to the budget law during the upcoming legislative sessions.
Al-Moussawi told Baghdad Today that "there is a parliamentary agreement to pass the budget law during the upcoming sessions," noting that "there are political agreements as well as an agreement between Baghdad and Erbil on this amendment, and that the parliamentary finance committee's Meetings are continuing to agree on the final amendment formula.”
He explained that "the House of Representatives supports any agreement between Baghdad and Erbil, and we do not want the House to be a reason for obstructing negotiations and solutions."
On Thursday, January 23, 2025, the federal government denied what the Kurdistan Regional Government spokesman announced regarding submitting a proposal that differs from the Council of Ministers' amendment to the financial budget law to the House of Representatives.
Government spokesman Bassem Al-Awadi said in a statement received by Baghdad Today: “Based on the government's keenness on transparency and disclosure to citizens of the progress of its executive work, especially with regard to the budget issue, which is a fundamental pillar for implementation the obligations contained in the government program, we affirm the government's commitment to the amendments sent to the House of Representatives regarding the budget law, which takes into account the supreme national interest, and we stress that the government's representative in the House of Representatives “He stressed the necessity of not making any other amendments to the budget law that contradict the texts submitted by the Council of Ministers.”
He added, "At the same time, we deny what was stated in the statement of the spokesman for the Kurdistan Regional Government of Iraq, and we are surprised by what was stated in it regarding the claim that the representative of the federal government in the House of Representatives obstructed the amendment of the article related to the procedures for resuming oil exports from the region.”
Al-Awadi stressed "the importance of the Kurdistan Regional Government's commitment to the provisions of the Federal General Budget Law, including the delivery of financial revenues, whether oil or non-oil, to the federal government, in accordance with what is stipulated in the law and the decision of the Federal Court.”
He explained that "adherence to these procedures is a necessary step to resolve the problems related to this file and enhance cooperation between the two sides, and the federal government hopes that the House of Representatives will expedite the approval of the amendment in accordance with the text Approved by the Council of Ministers, for the benefit of Iraq, all of Iraq.”
The spokesman for the Kurdistan Regional Government said in a statement earlier today that “after a series of meetings and persistent efforts aimed at amending the federal general budget law by the Council of Representatives with the aim of resuming the export of the region’s oil, and after Completing the first and second readings, unfortunately, the draft law was not approved in the agreed-upon form at the last minute.”
He pointed out that, “What increased our surprise was that the representative of the federal government in the House of Representatives submitted a different proposal to the Council unilaterally, without prior consultation with the Kurdistan Regional Government, and without submitting it to the Federal Council of Ministers for a vote, which contradicts the previous decision of the Council of Ministers regarding the approval of the draft law amendment for the purpose of resuming the export of oil from the Kurdistan Region.”
The Kurdistan Regional Government spokesman stressed that "such attempts only serve to harm Iraq, and contribute to deepening crises instead of finding effective solutions to them. Accordingly, we declare our complete rejection of these measures and proposals, and we emphasize the necessity of presenting the agreed-upon draft law and its approval by the Federal Council of Ministers and voting on it.”LINK
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Clare: Coming from Erbil... A convoy of American military vehicles arrives at Ain al-Assad base in Anbar
1/26/2025
Information/Anbar...
A security source in Anbar province reported on Sunday that a convoy carrying American vehicles and equipment arrived at Ain al-Assad base, coming from Erbil province.
The source told Al-Maalouma that "a large American convoy carrying American military equipment and vehicles arrived at the Ain al-Assad air base in the Al-Baghdadi area in the Hit district, west of Anbar, coming from Erbil Governorate without knowing the real Reasons behind the arrival of military reinforcements to the base building."
He added, "The convoy's movement from Erbil Governorate to Ain al-Assad base was accompanied by American aircraft flying over the areas where the convoy was located to protect it until it reached its settlement."
He explained that "American security companies are carrying out the task of delivering this equipment, while the soldiers are transported by warplanes to the Ain al-Assad air base and from there to the areas where American forces are present," stressing that "the movements of American forces' convoys have decreased significantly during the past period." LINK