More News, Rumors and Opinions Sunday PM 2-16-2025
KTFA:
Clare: Rashid Bank launches the sale of national bonds and calls on citizens to invest
2/16/2025
Rashid Bank announced that it has directed its branches across the country to begin selling national bonds (first issue), which comes within the plans to enhance local investment.
The bonds include two different categories, according to a statement by the bank, a copy of which was received by {Al Furat News}, two categories: “The first, a bond worth 500 thousand dinars with an annual interest of 6% paid every six months for two years, at a rate of 3% every six months, and the other category, a bond worth one million dinars with an annual interest of 7.5% paid every six months for four years, at a rate of 3.75% every six months.
KTFA:
Clare: Rashid Bank launches the sale of national bonds and calls on citizens to invest
2/16/2025
Rashid Bank announced that it has directed its branches across the country to begin selling national bonds (first issue), which comes within the plans to enhance local investment.
The bonds include two different categories, according to a statement by the bank, a copy of which was received by {Al Furat News}, two categories: “The first, a bond worth 500 thousand dinars with an annual interest of 6% paid every six months for two years, at a rate of 3% every six months, and the other category, a bond worth one million dinars with an annual interest of 7.5% paid every six months for four years, at a rate of 3.75% every six months.
The bank called on all those wishing to purchase to visit its branches in various governorates. LINK
Clare: Central Bank announces details of its meetings with US Treasury and Federal Reserve
2/16/2025
The Central Bank announced, today, Sunday, the details of its meetings with the US Treasury and the Federal Reserve, which witnessed praise for the reform measures taken by the Central Bank and the Iraqi government in the banking sector.
The bank stated in an official statement received by {Al Furat News} that “the meetings praised the development of the US dollar cash distribution system in Iraq, describing it as “the most controlled and monitored system in the world”, due to its role in reducing manipulation and dollar smuggling operations.”
The statement explained that “the reforms also included a qualitative shift in foreign transfer operations, as the Central Bank took measures to address the risks associated with these operations, to reach levels comparable to transfers carried out by global banks.”
The bank pointed out that “international consulting firms (EY and Oliver Wyman) presented during the meetings plans to reform the public and private banking sector, in line with international standards, and to support the involvement of Iraqi banks in the global financial network.” LINK
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Clare: Three electronic payment services companies will be banned from dealing in dollars
2/16/2025 Sumerian News – Economy
Informed sources revealed that three electronic payment service companies will be banned from dealing in dollars.
Reuters quoted the sources as saying that “three companies will be banned.”Services Electronic payment in Iraq From dealing in dollars.
This came after Iraqi banking sources revealed Quoted According to diplomats working in Baghdad, new sanctions will be issued against 5 Iraqi banks that violated international standards and some of which transferred funds to illegal entities, while the Central Bank denied the veracity of this news.
The sources reported in a news report that I followed up on. Sumerian News, “The sanctions will include bank owners after at least one of the five banks was accused of working entirely for the benefit of One of Armed factions in Iraq.
It was later published that the five banks included in the measures are Misk Bank, Al-Sanam Bank, Al-Muttahid Bank, Al-Amin Bank, and Al-Mashreq Bank.
After including the five banks in the sanctions, 34 out of 44 private banks will be in Iraq It has been included in the sanctions to keep 5 Iraqi banks operating in Iraq In addition to 5 other Iraqi banks operating with Arab and foreign capital.. the total number of banks operating in Iraq 10 banks, in addition to other government banks, namely Rafidain Bank, Rashid Bank, Trade Bank of Iraq, and other specialized banks such as agricultural, industrial, and others. LINK
Courtesy of Dinar Guru: https://www.dinarguru.com/
Bruce [via WiserNow] We know that the rates have come up on the screens, but we also know that the rates are fluctuating, trading back and forth at a very high rate of speed…
Mnt Goat Article: “AMERICA STOPS THE DOLLAR CASH TO IRAQ: WILL THE DOLLAR RISE AGAINST THE DINAR?” All I can say is its about time! But this is a major change and there will be adjustments that will have to be made…how can the CBI get the dinar to be worth more than the dollar? Is it time to conduct the in-country RV to just over a dollar?
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BREAKING NEWS Iraq to End $19 Billion Loss +PM Meeting w/US Senator
Edu Matrix: 2-16-2025
BREAKING NEWS Iraq to End $19 Billion Loss +PM Meeting w/US Senator Iraq's oil industry is on the brink of a major comeback! Today, Foreign Minister Fuad Hussein announced that efforts are underway to resolve technical issues with the Kurdistan Regional Government (KRG) to resume crude oil exports to Turkiye.
With a staggering $19 billion in revenue lost over nearly two years, this development could significantly impact Iraq's economy. Hussein shared that a legal framework has been established, and talks are now focused on technical details.
Optimism is high that negotiations could kick off next week, leading to swift resolutions. Join us as we explore the implications of this crucial news for Iraq's financial future!
Iraq Economic News and Points to Ponder Sunday Afternoon 2-16-25
US Praises Iraqi Financial Sector Reform Measures
February 16, 2025 Baghdad - Ibtihal Al Arabi The meeting of the Central Bank of Iraq with the American side and international auditing companies resulted in positive results, denying that some Iraqi banks were subject to international sanctions. A statement received by Al-Zaman yesterday said that (the first quarterly meetings of the current year, with the US Treasury Department and the US Federal Reserve Bank,
which were held in the United Arab Emirates with the participation of international auditing and consulting companies, were crowned with praise for the steps taken by the bank and the government in reforming the banking sector),
US Praises Iraqi Financial Sector Reform Measures
February 16, 2025 Baghdad - Ibtihal Al Arabi The meeting of the Central Bank of Iraq with the American side and international auditing companies resulted in positive results, denying that some Iraqi banks were subject to international sanctions. A statement received by Al-Zaman yesterday said that (the first quarterly meetings of the current year, with the US Treasury Department and the US Federal Reserve Bank,
which were held in the United Arab Emirates with the participation of international auditing and consulting companies, were crowned with praise for the steps taken by the bank and the government in reforming the banking sector),
and continued that (the most important of these reforms is the development of the cash distribution system for the US dollar in Iraq, which they considered the most controlled and controlled system in the world, which limits manipulation and smuggling of the US dollar),
appreciating (the qualitative shift in foreign transfer operations and the steps taken by the Central Bank to address the risks resulting from these operations, which have now risen to the levels of transfer operations carried out by international banks),
and pointed out that (the consulting companies reviewed the plans to reform the government and private banking sector and upgrade them in a manner consistent with international standards and facilitating the involvement of Iraqi banks in the network of financial relations internationally),
and the statement went on to say that (the operations carried out by banks operating in Iraq depend largely on the confidence of international correspondent banks in the Iraqi banking sector,
and we emphasize the need to ensure the adoption of official channels for this The bank to know the latest news and not to transmit incorrect information such as some Iraqi banks being subject to international sanctions and others).
An economic expert revealed that 34 out of 44 banks are now under US sanctions, which constitutes a major crisis in the local banking sector.
The expert, Munir Al-Obaidi, explained in a statement received by (Al-Zaman) yesterday that (34 out of 44 banks are now under US sanctions, which constitutes a major crisis in the local banking sector), adding (the remaining 10 banks are distributed as follows: five of them have foreign capital, two are affiliated with the Kurdistan Region, and only three banks remain entirely Iraqi).
Meanwhile, the Central Bank of Iraq gave banks operating in the country that do not have an account in a bank that deals directly with the American bank, JP Morgan, a deadline of June to settle their electronic payments, threatening to stop them if they do not comply with the decision.
Mustafa Hantoush, a researcher in economic and banking affairs, said in a statement yesterday that (if this decision is implemented, it will lead to limiting the dealings of electronic payment companies in Iraq to Jordanian and Gulf banks, which currently dominate the currency auction with the support of the Central Bank of Iraq),
noting that (electronic payment companies will be forced to open accounts in banks that have dealings with JP Morgan and Citibank, in exchange for closing their accounts in Iraqi banks, whether they are sanctioned or not, which may affect the local banking sector), and Hantoush renewed his call to (reconsider the standards of the Central Bank of Iraq related to building local banks),
stressing (the need to strengthen and develop them to face the challenges resulting from these decisions), and he continued that (so far, the bank’s management has not issued any official statement confirming or denying the validity of this news, which leaves the door open to speculation about the impact of the decision on the banking system in Iraq and its relationship with international banks). LINK
After Meeting With The US Federal Reserve, The Central Bank Denies That Iraqi Banks Are Subject To Sanctions
Economy |- 02/16/2025 Baghdad - Mawazine: The Central Bank of Iraq denied the existence of international sanctions on some Iraqi banks, after media outlets circulated news about sanctions that included dozens of banks in the country.
The Central Bank stated in a statement received by "Mawazine", a copy of it, that "it announced the end of the first quarterly meetings for the year 2025 with the US Treasury and the US Federal Reserve Bank,
which were held in Dubai / United Arab Emirates with the participation of international auditing and consulting firms (EY, K2 Integrity, Oliver Wyman), and the meetings culminated in praise for the steps taken by the Central Bank of Iraq and the Iraqi government in reforming the banking sector,
the most important of which were: the development of the cash distribution system for the US dollar in Iraq, which they considered the most controlled and controlled system in the world, which limits manipulation and smuggling of the US dollar,
in addition to the qualitative shift in foreign transfer operations and the steps taken by the Central Bank of Iraq to address the risks resulting from these operations, which have now risen to the levels of transfer operations carried out by international banks.
The statement confirmed that the consulting firms (EY and Oliver Wyman) reviewed the plans to reform the government and private banking sector and upgrade them in line with international standards and to facilitate the involvement of Iraqi banks in the network of financial relations internationally."
The statement added: "Since the operations carried out by banks operating in Iraq depend largely on the confidence of international correspondent banks in the Iraqi banking sector, we stress the need to ensure that the official channels of this bank are adopted to know the latest news and not to transmit incorrect news such as some Iraqi banks being subject to international sanctions and others." https://www.mawazin.net/Details.aspx?jimare=259609
New US Sanctions Shake Iraqi Banking Sector, Ban Use Of Payment Cards Abroad
02/16/2025 Mawazine News – Economy Iraqi government sources reported on Sunday that Baghdad received an official notification from the US Treasury Department imposing sanctions on five Iraqi banks, in addition to a number of exchange companies, due to their involvement in illegal money transfers inside and outside Iraq, and smuggling dollars to banned entities, most notably the Islamic Republic of Iran.
According to the US notification, the sanctions will not stop there, as the work of other banks is being closely monitored and may face similar measures in the near future.
The new US decision also included imposing a comprehensive ban on the use of Iraqi electronic payment cards outside the country during the next two months, in a move aimed at preventing currency smuggling after suspicious financial movements were monitored by a specialized US team. It is
noteworthy that the US Treasury Department had previously imposed sanctions on 14 Iraqi banks in July 2023, and prevented four other banks from accessing the dollar in November of the same year, and imposed strict restrictions on money transfers in cooperation with the Central Bank of Iraq.
These measures come within the framework of an escalating US policy to control financial transactions in Iraq, amid fears of continued money laundering and currency smuggling, which imposes additional challenges on the Iraqi banking sector and its financial stability. https://www.mawazin.net/Details.aspx?jimare=259611
The Central Bank Of Iraq Announces Positive Results From Its Quarterly Meetings With The American Side
02/16/2025 Mawazine News – Economy The Central Bank of Iraq announced, on Sunday, that its quarterly meetings with the American side and international auditing companies had yielded positive results, denying that some Iraqi banks were subject to international sanctions.
The bank said in a statement received by "Mawazine News" that the first quarterly meetings for the year 2025 with the US Treasury and the US Federal Reserve, which were held in the United Arab Emirates with the participation of international auditing and consulting companies (EY, K2 Integrity, and Oliver Wyman), were crowned with praise for the steps taken by the Central Bank of Iraq and the Iraqi government to reform the banking sector.
He indicated that the most important of these reforms are:
1- The development of the cash distribution system for the US dollar in Iraq, which they considered the most controlled and controlled system in the world, which limits manipulation and smuggling of the US dollar.
2- The qualitative shift in foreign transfer operations and the steps taken by the Central Bank of Iraq to address the risks arising from these operations, which have now risen to the levels of transfer operations carried out by international banks.
3- The consulting firms (EY and Oliver Wyman) reviewed the plans to reform and upgrade the public and private banking sectors in line with international standards and to facilitate the involvement of Iraqi banks in the international financial relations network.
The bank said: "Since the operations carried out by banks operating in Iraq depend largely on the confidence of international correspondent banks in the Iraqi banking sector, we emphasize the need to ensure the adoption of the official channels of this bank to know the latest news and not to transmit incorrect news such as the exposure of some Iraqi banks to international sanctions and others." https://www.mawazin.net/Details.aspx?jimare=259614
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Sunday Afternoon 2-16-25
Good Afternoon Dinar Recaps,
SEPARATION OF POWERS IS ON TRIAL IN THE US
WASHINGTON, Feb 14 - Donald Trump has put the constitutional separation of powers in the United States on trial. Federal judges have for now blocked many of his administration’s early moves, from ending birthright citizenship to removing health and science websites, setting up a larger battle at the Supreme Court.
Threats from the president and his allies to ignore adverse judicial rulings risk a historic rupture in American governance and law.
Good Afternoon Dinar Recaps,
SEPARATION OF POWERS IS ON TRIAL IN THE US
WASHINGTON, Feb 14 - Donald Trump has put the constitutional separation of powers in the United States on trial. Federal judges have for now blocked many of his administration’s early moves, from ending birthright citizenship to removing health and science websites, setting up a larger battle at the Supreme Court.
Threats from the president and his allies to ignore adverse judicial rulings risk a historic rupture in American governance and law.
Since taking office last month, the White House has attempted to freeze $3 trillion in government loans and grants, shut down entire agencies like the Consumer Financial Protection Bureau, and fired Senate-confirmed officials whose terms have not expired, without cause.
Previous Republican administrations, including Trump’s first, wanted to achieve similar goals. But they did not attempt the president’s current strategy because it flatly contradicts the U.S. Constitution and the text of existing statute.
Congress controls federal appropriations, and the 1974 Impoundment Control Act strictly delineates the executive’s role in disbursing those funds. Officials have virtually no discretion to block payments.
The Supreme Court may yet give the commander-in-chief his way. The court’s nine justices, three of whom were appointed by Trump, have already expanded executive powers. They could choose to further tilt the balance in favor of the president, effectively weakening Congress.
Some conservatives on the court favor overturning a 1935 ruling, opens new tab that limits the president’s ability to fire a Senate-confirmed official. Trump is challenging that by removing minority-party commissioners on the National Labor Relations Board, among others. A ruling in his favor might make it easier to target bigger fish, like the Federal Reserve chair.
A more immediate danger is that the Trump administration undermines legal judgments. When federal courts blocked the funding freeze and restricted access to sensitive payment systems for lieutenants of Elon Musk, the Tesla boss called the judge “corrupt” and the White House said judges were “abusing their authority.”
The American Bar Association, opens new tab on Monday condemned the “wide-scale affronts to the rule of law itself”. At other times, Trump has said he will comply with court orders.
The true crisis would be if Trump decides to ignore court rulings and congressional mandates.
That’s no far-fetched scenario: administration officials have sought to find ways around an edict to unblock all frozen grants, opens new tab to government contractors and non-profit organizations, ProPublica reported.
Meanwhile, Trump this week instructed the Department of Justice to stop enforcing the Foreign Corrupt Practices Act, which punishes Americans who bribe officials overseas.
Laws are meaningless, and ultimately unenforceable, if those in power choose to ignore them. An unaccountable executive branch combined with neutered judicial and legislative branches would hobble companies, organizations, nations, and individuals who depend on the promises of the federal government, as well as the open markets and society that are the bedrock of U.S. stability and prosperity.
@ Newshounds News™
Source: Reuters
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JUST IN: 🇺🇸 Senator Rand Paul calls on Elon Musk's DOGE to audit US gold reserves at Fort Knox to ensure it's still there.
@ Newshounds News™
Source: Watcher Guru
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Isaac posted the following message in our Telegram Living Room on Valentine's Day:
"Hello happy valentine 💘 I will have great news Tuesday (February 18th) and will post in my room , things are developing and will have a confirmation by then, blessings ."
Join Isaac's Telegram room - Link
Isaac on our Website Link
@ Newshounds News™
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GOLD-BACK RESET Accelerates Under Basel III Endgame
GOLD-BACK RESET Accelerates Under Basel III Endgame
Taylor Kenny: 2-16-2025
Basel III’s Endgame is here, but is it really about stabilizing banks, or is there a bigger agenda at play?
With gold creeping back to the center of the monetary system, the future of money could be on the verge of a historic transformation.
What is Basel III, and how could it reshape the global financial landscape?
Dive in to uncover the hidden implications for gold and the impact on the balance of power in the financial world.
GOLD-BACK RESET Accelerates Under Basel III Endgame
Taylor Kenny: 2-16-2025
Basel III’s Endgame is here, but is it really about stabilizing banks, or is there a bigger agenda at play?
With gold creeping back to the center of the monetary system, the future of money could be on the verge of a historic transformation.
What is Basel III, and how could it reshape the global financial landscape?
Dive in to uncover the hidden implications for gold and the impact on the balance of power in the financial world.
The State of Sound Money in the US
The State of Sound Money in the US
Arcadia Economics: 2-15-2025
The dollar’s dominance as the world’s reserve currency has been a cornerstone of the global financial system for decades. However, with rising inflation, increasing national debt, and unconventional monetary policies emanating from the Federal Reserve, many are questioning the long-term stability and value of fiat currency.
This growing unease is fueling a resurgence of interest in gold and silver, metals historically recognized as “sound money,” and driving a quiet but potentially significant movement at the state level.
The core principle of sound money revolves around its inherent value and limited supply, characteristics that protect against the arbitrary dilution and manipulation often associated with government-backed fiat currencies.
The State of Sound Money in the US
Arcadia Economics: 2-15-2025
The dollar’s dominance as the world’s reserve currency has been a cornerstone of the global financial system for decades. However, with rising inflation, increasing national debt, and unconventional monetary policies emanating from the Federal Reserve, many are questioning the long-term stability and value of fiat currency.
This growing unease is fueling a resurgence of interest in gold and silver, metals historically recognized as “sound money,” and driving a quiet but potentially significant movement at the state level.
The core principle of sound money revolves around its inherent value and limited supply, characteristics that protect against the arbitrary dilution and manipulation often associated with government-backed fiat currencies.
Gold and silver, with their intrinsic value and relative scarcity, have traditionally served as a reliable store of wealth and a hedge against economic uncertainty.
Given the current economic climate, it’s no surprise that individuals are increasingly seeking refuge in these precious metals. The Federal Reserve’s quantitative easing programs, coupled with government spending sprees, have demonstrably devalued the dollar, eroding purchasing power and sparking concerns about the future. In this context, gold and silver offer a tangible alternative, a safe haven against the perceived erosion of value within the traditional financial system.
These state-level initiatives, while often facing resistance from established financial interests, represent a growing frustration with the status quo and a desire for greater financial stability and individual economic sovereignty.
They reflect a belief that relying solely on the dollar, printed at will by the Federal Reserve, carries significant risks, and that diversifying into sound money alternatives like gold and silver offers a prudent strategy for wealth preservation.
The road ahead remains uncertain. Overcoming entrenched interests and navigating complex regulatory hurdles will be a significant challenge.
However, the combination of individual demand for sound money and the growing momentum at the state level suggests that the gold and silver revolution is more than just a fleeting trend.
It represents a fundamental questioning of the existing financial system and a search for a more stable and reliable foundation for economic prosperity.
As the government and Federal Reserve continue to raise concerns about the dollar’s future, the movement towards sound money, driven by both individual action and legislative reform, is poised to gain further traction and reshape the economic landscape in the years to come.
Watch the video below from Arcadia Economics featuring David Morgan for further insights and information.
Seeds of Wisdom RV and Economic Updates Sunday Morning 2-16-25
Good Morning Dinar Recaps,
IRS WILL LAY OFF THOUSANDS OF PROBATIONARY WORKERS IN THE MIDDLE OF TAX SEASON
WASHINGTON (AP) — The IRS will lay off thousands of probationary workers in the middle of tax season, according to two sources familiar with the agency’s plans, and cuts could happen as soon as next week.
This comes as the Trump administration intensified sweeping efforts to shrink the size of the federal workforce, by ordering agencies to lay off nearly all probationary employees who had not yet gained civil service protection.
Good Morning Dinar Recaps,
IRS WILL LAY OFF THOUSANDS OF PROBATIONARY WORKERS IN THE MIDDLE OF TAX SEASON
WASHINGTON (AP) — The IRS will lay off thousands of probationary workers in the middle of tax season, according to two sources familiar with the agency’s plans, and cuts could happen as soon as next week.
This comes as the Trump administration intensified sweeping efforts to shrink the size of the federal workforce, by ordering agencies to lay off nearly all probationary employees who had not yet gained civil service protection.
It’s unclear how many IRS workers will be affected.
Previously, the administration announced a plan to offer buyouts to almost all federal employees through a “deferred resignation program” to quickly reduce the government workforce. The program deadline was Feb. 6, and administration officials said employees who accept will be able to stop working while still collecting a paycheck until Sept. 30.
However, IRS employees involved in the 2025 tax season were told they will not be allowed to accept a buyout offer from the Trump administration until after the taxpayer filing deadline, according to a letter sent recently to IRS employees.
It is unclear how many workers will be impacted by the layoff announcement plan. Representatives from the U.S. Treasury and IRS did not respond to Associated Press requests for comment.
Jan. 27 was the official start date of the 2025 tax season, and the IRS expects more than 140 million tax returns to be filed by the April 15 deadline.
The Biden administration invested heavily in the IRS through an $80 billion infusion of funds in Democrats’ Inflation Reduction Act, which included plans to hire tens of thousands of new employees to help with customer service and enforcement as well as new technology to update the tax collection agency.
Republicans have been successful at clawing back that money, and billionaire Elon Musk and his Department of Government Efficiency have called for the U.S. to “delete entire agencies” from the federal government as part of his to radically cut spending and restructure its priorities.
Elected officials are trying to fight against DOGE plans. Attorneys general from 14 states challenged the authority to access sensitive government data and exercise “virtually unchecked power” in a lawsuit filed Thursday.
The lawsuit, filed in federal court in Washington, says the actions taken by Musk at the helm of DOGE can only be taken by a nominated and Senate-confirmed official. It cites constitutional provisions that delineate the powers of Congress and the president.
@ Newshounds News™
Source: AP News
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XRP NEWS: MAJOR RIPPLE DEVELOPMENTS AND GLOBAL PARTNERSHIPS UNVEILED
▪️XRP surges as SEC acknowledges ETF filings, fueling speculation of a Ripple lawsuit resolution and massive market breakout!
▪️Ripple expands globally with major partnerships, rebrands focus on Web3, and boosts XRP adoption—biggest breakout ahead?
Under new SEC leadership, excitement is building around XRP as crypto exchange Bitrue hints at major developments. In a recent post on X, Bitrue urged the community to pay close attention, suggesting that something big is brewing.
The message quickly gained traction, sparking speculation about what’s driving the surge in XRP’s price and market activity. Investors are now eagerly watching for the next big move, as XRP continues to capture attention with a string of major events.
XRP ETF Frenzy Takes Over
One of the biggest drivers behind the excitement is the SEC’s unexpected attention to XRP ETF filings. On Thursday, the SEC officially recognized Grayscale’s XRP ETF application, triggering a strong 12% price rally, making XRP the best performer among the top ten cryptos.
The momentum didn’t stop there. The very next day, the SEC acknowledged another XRP ETF filing—this time from 21Shares—pushing XRP’s weekly gains to an impressive 17%.
The market response has been electric, with traders now eyeing the possibility of XRP reclaiming its all-time high of $3. The shift in the SEC’s stance is surprising, given its history of rejecting altcoin ETFs.
Is the Ripple Lawsuit Nearing Its End?
The ETF news has fueled speculation that the SEC might soon settle its long-running lawsuit against Ripple. Many believe that the shift in regulatory behavior—especially under acting chairman Mark Uyeda—could pave the way for a resolution.
Ripple’s New Look and a Change in Strategy?
In the meanwhile, Ripple has also done some major transformation, rebranding its website to focus on its vision of the “Internet of Value.” The refreshed site highlights its work in cross-border payments, digital asset custody, and stablecoins like Ripple USD (RLUSD). However, one notable change stands out—Ripple has removed all references to Central Bank Digital Currencies (CBDCs).
This move is giving positive vibes to the market with changing U.S. regulations on cards. Alongside the rebrand, Ripple has also emphasized its $600 million investment in Web3 and its more than 70 direct investments, shows its commitment to driving the next phase of crypto adoption.
XRP Expands Through Major Partnerships
Ripple is continuing its push for global adoption, forming new partnerships that strengthen XRP’s position in the market. One of the biggest recent moves was its collaboration with Portugal’s largest currency exchange, signaling its expanding footprint in Europe.
In Japan, SBI Remit has also expanded its international money transfer services in partnership with SBI Shinsei Bank. The key takeaway here is that SBI Remit is already using XRP for cross-border transactions, highlighting its growing role in the global remittance space.
Institutional interest in XRP is growing, with Japanese energy company Remixpoint making a major move. The company recently purchased $3.9 million worth of XRP and Dogecoin as part of its expanding crypto reserves.
While one user said this is just half the things on the horizon.
With new changes on the cards, XRP could be on track for one of its biggest breakouts yet. The big question now is whether it can ride this wave back to its all-time high and beyond.
@ Newshounds News™
Source: Coinpedia
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@ Newshounds News™
Source: FRB Services
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3 Pieces of Financial Advice From Amazon Founder Jeff Bezos
3 Pieces of Financial Advice From Amazon Founder Jeff Bezos Have Stood the Test of Time
Kristopher Kane Sun, February 16, 2025 GOBankingRates
Jeff Bezos is one of the richest people on the planet, so his insights on wealth creation and management come from a truly unique vantage point. Bezos keeps a low profile compared to some other billionaires, but he has dispensed financial advice from time to time over the years.
His range of strategies and observations are the kind of advice that anyone — from people just beginning their financial journeys to top-tier entrepreneurs and CEOs — can learn from. Here are three of his best pieces of advice that you can apply to your financial planning.
3 Pieces of Financial Advice From Amazon Founder Jeff Bezos Have Stood the Test of Time
Kristopher Kane Sun, February 16, 2025 GOBankingRates
Jeff Bezos is one of the richest people on the planet, so his insights on wealth creation and management come from a truly unique vantage point. Bezos keeps a low profile compared to some other billionaires, but he has dispensed financial advice from time to time over the years.
His range of strategies and observations are the kind of advice that anyone — from people just beginning their financial journeys to top-tier entrepreneurs and CEOs — can learn from. Here are three of his best pieces of advice that you can apply to your financial planning.
Think Long Term
Bezos is a believer in the “buy and hold” school of thought. Rather than focusing on elusive short-term goals, he focuses instead on more distant horizons. He’s held several investments for 10 years or more.
In the billionaire’s view, a long-term perspective is necessary for success. Success isn’t realized through immediate gains and risky investments but through assets and objectives achieved over time.
Focus On Cash Flow
Bezos emphasizes the importance of keeping your eye on the bottom line. In a 2004 letter to Amazon shareholders, he wrote, “Our ultimate financial measure … is free cash flow per share.”
While he was referring to Amazon’s business model, this translates to personal finances: The value of your investments or savings is linked to — if not dictated by — the state of your current and forecasted cash flow.
An increase in income translates into a greater ability to take advantage of lucrative investment opportunities or bolster existing savings. Improving your future cash flow increases your ability to save or invest more effectively, which positions you in the long term to realize optimal returns on investments.
TO READ MORE: https://www.yahoo.com/finance/news/3-pieces-financial-advice-amazon-120035808.html
News, Rumors and Opinions Sunday AM 2-16-2025
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 Sun. 16 Feb. 2025
Compiled Sun. 16 Feb. 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Mon. 10 Feb.: Liquidity was (allegedly) released to the 12 platforms that then funded the 38 platforms beneath them (Tiers 1 and 2). …JR Truth
Tues. 11 Feb. 2024: A military Intel contact said they (allegedly) released everything for the Global Currency Reset at 3pm PDT on Tues. 11 Feb. 2025 to start the shotgun release of liquidity & notifications over next 72 hours for the lower levels / tiers including Tier4B. …Carolyn Bessette Kennedy on Telegram
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 Sun. 16 Feb. 2025
Compiled Sun. 16 Feb. 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Mon. 10 Feb.: Liquidity was (allegedly) released to the 12 platforms that then funded the 38 platforms beneath them (Tiers 1 and 2). …JR Truth
Tues. 11 Feb. 2024: A military Intel contact said they (allegedly) released everything for the Global Currency Reset at 3pm PDT on Tues. 11 Feb. 2025 to start the shotgun release of liquidity & notifications over next 72 hours for the lower levels / tiers including Tier4B. …Carolyn Bessette Kennedy on Telegram
Wed. 12 Feb. Funding (allegedly) released to Bond Holder accounts. Banks could no longer see or have access to individual bank accounts. Some private groups were paid out on Wed. 12 Feb, while others will be paid on Thurs. 13 Feb. …Bruce
On Thurs. 13 Feb. Nesara funds(allegedly) started going out. Redemption Center leaders went into work at 10am on Thurs. 13 Feb.…Bruce
Fri. 14 Feb. 2025: Tier 1 and Tier 2 have (allegedly) been paid, I was just told. …Mike Berra
Fri. 14 Feb. 2025: I’ve been told my platform (that has currency and bond holders in it) started today Fri. 14 Feb. and will start payments on Tues. 18 Feb. I expect currency notifications around same time. …JR Truth
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Sat. 15 Feb. 2025 DOGE Audit:
Fri. 14 Feb. 2025: Trump Announces DOGE’s Latest Bombshell Revelation: ‘Give Back The Money, Now!’ The Department of Government Efficiency (DOGE) was doing a widespread probe into the inner workings of the federal budget, much of which has been laid bare by leader Elon Musk over the past few weeks.
Sat. 15 Feb. 2025: A federal judge has just sided with Elon Musk and DOGE, allowing them access to the government information system!
Sat. 15 Feb. 2025: President Trump Ordered DOGE To Raid The IRS– Top Agents Already Reported To Be In The Building.
Sat. 15 Feb. 2025: As a direct result of DOGE audits 75,000 federal employees accepted President Trump’s buyout; 19,700 USAID employees will be let off, 1,300 CDC workers fired and the IRS will be cutting their workforce by 10%. Washington DC will soon be a ghost town with the thousands of homes there and in the surrounding area for sale.
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Global Financial Crisis:
Fri. 14 Feb. 2025: WARNING: BANKS ARE SHUTTING DOWN ACROSS 24 STATES – MASS CLOSURES UNDERWAY – amg-news.com – American Media Group
Read full post here: https://dinarchronicles.com/2025/02/16/restored-republic-via-a-gcr-update-as-of-february-16-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
MarkZ [via PDK] Question: Mark, do you think it’s possible the dinar will be on forex Monday Feb 17th-Presidents day? MarkZ: I think it’s highly possible. I have multiple confirmations of bond commissions being paid in the last 24 hours on historic bonds… I am very excited but do not know what it means for our timing…yet. But this is money going to people I know. People I know have money… I am very excited... a number of contacts now have spendable dollars...this has never happened before. This is brand new and gives me great hope. Question: so once bonds are paid it’s our turn? MarkZ: Yes then it’s our turn.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy says, for what it is worth, now at this point, it will come out $3.50 to $3.80 and probably be a managed float. Meaning 10% growth daily. Thinking out loud...it won't go much over four bucks...before settling back just ahead of Kuwait dinar...I could be 100% wrong but I have a gut feeling. FRANK: I think the reason why you have a gut feeling is because you have been allowed to attend some of the meetings that you cannot talk about...Concerning the new exchange rate...it can be anything from $0.50 to a $1.00 or just over a dollar. But I will admit, your...opinion that it may come out at three and above is logical because this is a reinstatement...and it should start where it left off at $3.22.
‘Insiders’ Know the Plan Is in Motion – This Will Blow Up the Gold Price | Andy Schectman
Kitco News: 2-14-2025
Gold is making major moves, and behind the scenes, the system is shifting.
Is the U.S. preparing to revalue gold to tackle its $36 trillion debt crisis? Are we seeing the biggest gold repatriation in history? And why is gold flowing from London to the U.S. at record levels?
Andy Schectman, President of Miles Franklin Precious Metals, breaks down the gold revaluation rumors, BRICS’ gold-backed settlement plans, China’s aggressive gold buying, and the stress signals in the paper gold markets that could change everything.
Key Points:
Gold revaluation: Is the U.S. about to mark gold to market?
Why is gold moving from London to the U.S.?
BRICS and the global move toward a gold-backed system
China’s accelerating gold accumulation—what’s their endgame?
Paper gold market stress—could a COMEX default be next?
Will gold finally break out—or will governments intervene?
00:00 Introduction
01:10 Gold Revaluation Explained
02:29 Expert Insights with Andy Schechtman
04:32 Global Gold Market Dynamics
10:52 Repatriation and Accumulation of Gold
28:13 Paper Gold System Breakdown
31:39 Bank Failures and Gold Revaluation
32:33 Global Gold Demand and Supply Issues
33:59 China and BRICS Nations' Gold Strategies
42:32 US Debt Crisis and Gold Revaluation
47:30 Gold as a Safe Haven Investment
48:07 Future of Gold Prices 59:06 Conclusion
“Tidbits from TNT” Sunday Morning 2-16-2025
TNT:
Tishwash: Central Bank announces details of its meetings with the Treasury and the Federal Reserve
The Central Bank announced the end of the first quarterly meetings for the year 2025 with the US Treasury and the US Federal Reserve, which were held in Dubai / United Arab Emirates with the participation of international auditing and consulting firms (EY, K2 Integrity, Oliver Wyman). The meetings culminated in praise for the steps taken by the Central Bank of Iraq and the Iraqi government in reforming the banking sector, the most important of which were:
The development of the US dollar cash distribution system in Iraq, which they considered the most controlled and monitored system in the world, which limits manipulation and smuggling of the US dollar.
The qualitative shift in foreign transfer operations and the steps taken by the Central Bank of Iraq to address the risks arising from these operations, which have now risen to the levels of transfer operations carried out by international banks.
TNT:
Tishwash: Central Bank announces details of its meetings with the Treasury and the Federal Reserve
The Central Bank announced the end of the first quarterly meetings for the year 2025 with the US Treasury and the US Federal Reserve, which were held in Dubai / United Arab Emirates with the participation of international auditing and consulting firms (EY, K2 Integrity, Oliver Wyman). The meetings culminated in praise for the steps taken by the Central Bank of Iraq and the Iraqi government in reforming the banking sector, the most important of which were:
The development of the US dollar cash distribution system in Iraq, which they considered the most controlled and monitored system in the world, which limits manipulation and smuggling of the US dollar.
The qualitative shift in foreign transfer operations and the steps taken by the Central Bank of Iraq to address the risks arising from these operations, which have now risen to the levels of transfer operations carried out by international banks.
The consulting firms (EY and Oliver Wyman) reviewed the plans to reform and upgrade the public and private banking sectors in line with international standards and to facilitate the involvement of Iraqi banks in the international financial relations network.
Since the operations carried out by banks operating in Iraq depend largely on the trust of international correspondent banks in the Iraqi banking sector, we emphasize the need to ensure that the official channels of this bank are adopted to know the latest news and not to transmit incorrect news such as some Iraqi banks being subject to international sanctions and others.
Central Bank of Iraq
Media Office
February 16, 2025 link
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Tishwash: Al-Sudani discusses with Airbus aircraft company modernizing the air fleet
Prime Minister Mohammed Shia Al-Sudani confirmed to Airbus today, Saturday, the acceleration of the implementation of the contract to equip Iraq with combat helicopters .
Al-Sudani's media office stated in a statement received by "Mil" that "the latter received, at his residence in Munich, the Executive Vice President of Airbus Helicopters, Stefan Thomme, and during the meeting, discussions were held on developing joint cooperation in the fields of training, maintenance and modernization of the air fleet, in light of the bilateral contract to equip Iraq with combat helicopters, with an emphasis on accelerating the procedures for implementing the terms of the contract ."
According to the statement, Al-Sudani stressed "the government's keenness and efforts to cooperate and partner with reputable international companies, and to provide all the necessary facilities to provide the appropriate ground for their work in Iraq ." link
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Tishwash: Al-Sudani discusses with an American senator enhancing cooperation between Iraq and the United States
Prime Minister Mohammed Shia Al-Sudani discussed, today, Saturday, with an American senator enhancing cooperation between Iraq and the United States .
A statement from Al-Sudani's office, received by "Mil", stated that the latter "received at his residence in Munich, the US Senator from the Democratic Party, Senator Elissa Slotkin."
The statement added, "The meeting discussed relations and ways to enhance cooperation between Iraq and the United States, in various fields in light of the joint agreements and understandings, for a long-term strategic relationship that serves the interests of both parties ."
For her part, Senator Slotkin affirmed "her country's support for Iraq, its aspirations, and its positions aimed at achieving security and stability in the region, in a way that secures the interests of the countries of the region and enhances sustainable stability ." link
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Tishwash: Advisor to the Prime Minister: The principle of partnership with the private sector will strengthen the digital bond in its best form
Advisor to the Prime Minister for Financial Affairs, Mazhar Mohammed Saleh, confirmed today, Sunday, that the principle of partnership between the state and the private sector will strengthen the digital bond in its best form, indicating that digital industrial licenses facilitate obtaining industrial investment licenses through electronic platforms, and he stressed that entering into electronic governance will provide a high level of disclosure and transparency and a high level of information for the flow of trademarks.
Saleh said, in an interview with the Iraqi News Agency, followed by "Al-Eqtisad News", that "the Iraqi government seeks, according to the government program, to transform the processes of registering trademarks through digital platforms that facilitate the registration and protection of their trademarks for merchants and industrialists according to high governance and speed, in addition to digital industrial licenses that lead to facilitating the obtaining of industrial investment licenses through electronic platforms."
He added, "Industrial analysis and data services are a mechanism for providing industrial data and statistics via digital systems to facilitate decision-making related to the industry, as well as digital training and consulting, development and capacity building, such as organizing training courses on digital transformation tools and participating in online consulting programs at the same time."
Saleh explained that "entering into e-governance will provide a high level of disclosure and transparency and a high level of information for the flow of important brands that are consistent with the development of industrial development activity in the country, and interaction with technology sources in the world reflected by brands of global companies that are important in technological development," noting that "this in turn leads to accelerating the encouragement of research and development projects to enhance national industrial innovation in a renewed digital industrial age for Iraq."
He stressed that "the principle of partnership between the state and the private sector will strengthen the digital bond in its best form," explaining that "the objectives of the private sector development strategy also aim to have its contribution to the gross domestic product reach approximately 53 percent within a decade instead of its current status of 37 percent through diversifying investment in fields with industry at the forefront to generate diverse national production, which will lead to accelerating the reduction of unemployment to one decimal place and making it at the natural limit and not exceeding 4 percent of the total workforce."
He pointed out that "the industrial cities that will be built on the development path will represent the highest types of industrial modernization by taking advantage of the digital platforms that are being built for this purpose to accelerate obtaining the relevant industrial and commercial licenses." link
Mot: .... Ever Have un of Those ""So Much to Do"" Moments!!
Mot: . Making Good Decisions is Key!!!
FRANK26….2-15-25……BE CAREFUL WHO YOU STUDY WITH
KTFA
Saturday Night Conference Call
FRANK26….2-15-25……BE CAREFUL WHO YOU STUDY WITH
This video is in Frank’s and his team’s opinion only
Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Saturday Night Conference Call
FRANK26….2-15-25……BE CAREFUL WHO YOU STUDY WITH
This video is in Frank’s and his team’s opinion only
Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE=IMPLEMENTATION
Iraq Economic News and Points to Ponder Saturday Afternoon 2-15-25
Central Bank Records Highest Dollar Sales In A Week
2/15/2025 Mawazine News – Economy The Central Bank of Iraq announced today, Saturday, its total sales of the US dollar during the past week, which amounted to 1 billion, 468 million, 598 thousand, and 897 dollars, through the auction that was held over 5 days last week.
The daily average of sales amounted to 293 million, 719 thousand, and 775 dollars, down from the previous weekly average of 296 million, 736 thousand, and 787 dollars.
Central Bank Records Highest Dollar Sales In A Week
2/15/2025 Mawazine News – Economy The Central Bank of Iraq announced today, Saturday, its total sales of the US dollar during the past week, which amounted to 1 billion, 468 million, 598 thousand, and 897 dollars, through the auction that was held over 5 days last week.
The daily average of sales amounted to 293 million, 719 thousand, and 775 dollars, down from the previous weekly average of 296 million, 736 thousand, and 787 dollars.
Monday of last week recorded the highest sales of the dollar, reaching 301 million, 529 thousand, and 539 dollars, while Wednesday recorded the lowest sales, amounting to 286 million, 48 thousand, and 422 dollars.
Foreign remittance sales during the past week amounted to 1 billion, 393 million, 348 thousand, and 397 dollars, while cash sales were 75 million and 250 thousand dollars. https://www.mawazin.net/Details.aspx?jimare=259575
The Dollar Exchange Rate Decreased In The Iraqi Markets
02/15/2025 Mawazine News - Economy The US dollar prices witnessed a decrease today, Saturday, in the markets of the capital Baghdad, and in Erbil, the capital of the Kurdistan Region, with the closing of the stock exchange.
The dollar prices decreased with the closing of the Al-Kifah and Al-Harithiya stock exchanges to record 150,150 dinars for every 100 dollars, while the prices were 150,300 dinars for every 100 dollars this morning.
As for the selling prices in exchange shops in the local markets in Baghdad, they decreased, as the selling price reached 151,000 dinars for every 100 dollars, while the purchase price reached 149,000 dinars for every 100 dollars.
As for Erbil, the dollar also recorded a decrease, as the selling price reached 150,100 dinars for every 100 dollars, while the purchase price reached 150,000 dinars for every 100 dollars https://www.mawazin.net/Details.aspx?jimare=259582
Prime Minister And US Senator Discuss Cooperation Between Iraq And The United States
Political | 04:22 - 02/15/2025 Mawazine News – Baghdad Prime Minister Mohammed Shia al-Sudani discussed today, Saturday, with US Senator Elissa Slotkin cooperation between Iraq and the United States.
The Prime Minister's media office said in a statement received by "Mawazine News": "Prime Minister Mohammed Shia al-Sudani received at his residence in Munich, US Senator from the Democratic Party, Senator Elissa Slotkin."
He added that "during the meeting, they discussed relations and ways to enhance cooperation between Iraq and the United States in various fields in light of the joint agreements and understandings, for a long-term strategic relationship that serves the interests of both parties."
For her part, Senator Slotkin affirmed - according to the statement - her country's support for "Iraq, its aspirations, and its positions aimed at achieving security and stability in the region, in a way that secures the interests of the countries of the region and enhances sustainable stability." https://www.mawazin.net/Details.aspx?jimare=259580
Two Trillion Dinars Iraqi Loss In Wheat Sales
February 15, 2025 Two trillion dinars lost from wheat sales and parallel banks threaten the economy
Baghdad - Qusay Munther An economic expert confirmed that the government's loss from selling wheat crops to private mills amounted to two trillion dinars. He pointed out that this loss, which some describe as support for farmers, is not in line with clear economic goals such as reducing imports and increasing local production.
Expert Manar Al-Obaidi said in a statement received by Al-Zaman yesterday that (the government bought wheat from farmers at a price of 850 thousand dinars per ton, then sold it to mills at a price of 450 thousand dinars per ton, which resulted in a loss of 400 thousand dinars per ton), adding that (if 5 million tons were purchased, the total loss for the state would be two trillion dinars),
Al-Obaidi explained that (some consider this loss to be support for farmers, but if the support is real, why have we not seen an increase in the contribution of the agricultural sector to the GDP, and the state is still importing large quantities of wheat and flour from countries such as Turkey, America and Australia?),
Al-Obaidi wondered (why do poverty levels remain high in rural areas that produce wheat, and specific goals for this support are not achieved, such as reducing flour imports, increasing local food production, and providing job opportunities, instead of the money paid to support wheat going to other markets across the border),
Al-Obaidi went on to say that (the parallel banking system in Iraq is one of the most prominent economic challenges that affect the stability of the financial system, as it consists of institutions Financial institutions operate outside the framework of official supervision,
but provide services similar to official banks such as lending, money transfers and receiving deposits), and he pointed out that (these institutions have emerged gradually over the past twenty years, as a result of the absence of effective supervision and the increasing demand from small and medium enterprises that constitute about 84 percent of the informal economy),
and Al-Abidi explained that (this system enhances the shadow economy and increases the difficulty of monitoring the movement of money, which exposes the economy to illegal practices such as tax evasion and money laundering),
calling for (the need to adopt firm solutions to close the gap between the official and informal banking systems, such as regulating the work of informal financial institutions and providing incentives to encourage small enterprises to join the formal sector.
He added that the optimal solution in some cases may be to completely close these unlicensed institutions to ensure the protection of the economy from risks). Meanwhile, the Ministry of Commerce intends to launch a new batch of the food basket before the advent of Ramadan, stressing the continuation of its supervisory teams in monitoring the markets to ensure price stability and protect citizens' purchasing power.
The ministry’s spokesman, Mohammed Hanoun, said in a statement yesterday that “the ministry has set next Thursday as the date for distributing the food basket items, which will contribute greatly to stabilizing food prices in local markets during the month of Ramadan.”
He added that “the food basket has contributed to providing food security for citizens, as Iraq is one of the food-stable countries in the region and the world,” noting that “the food basket has helped poor families and families below the poverty line to obtain the food they need, and has worked to a large extent to stabilize food prices in local markets during the period of preparation for the holy month.”
He stressed that “trade anticipated the arrival of the month of Ramadan with a set of measures, through which it supported the stability of food prices locally, including the process of monitoring and auditing local market prices in coordination with National Security and the Organized Crime Department in the Ministry of Interior.” LINK
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/