News, Rumors and Opinions Thursday 2-20-2025
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 Thurs. 20 Feb. 2025
Compiled Thurs. 20 Feb. 2025 12:01 am EST by Judy Byington
Possible Timing:
“On Sun. 16 Feb. the Iraqi budget was ratified and was expected to be published in the Gazette on Mon. 17 Feb, along with Kurdistan resuming oil exports. …Ariel on X
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 Thurs. 20 Feb. 2025
Compiled Thurs. 20 Feb. 2025 12:01 am EST by Judy Byington
Possible Timing:
“On Sun. 16 Feb. the Iraqi budget was ratified and was expected to be published in the Gazette on Mon. 17 Feb, along with Kurdistan resuming oil exports. …Ariel on X
On Thurs. 30 Jan. 2025 the privately owned Fed and IRS (allegedly) officially dropped dead – when the US Treasury withdrew from the Cabal’s Bankrupt Central Banks across the World. President Trump has said he will replace the IRS with the ERS (External Revenue Service) where taxation on goods will replace taxation on The People and their income.
Since Friday 3 Feb. 2025 all Basel 4 Compliant banks have(allegedly) gone public with the new Gold / Commodity-backed currency International Rates as required by the GESARA Law. This is (allegedly) the Re-evaluation of all the global currencies (meaning the global currency reset).
Tues. 11 Feb. 2025 Official Notification: Leaders in the Global Currency Reset(allegedly) received signal payments authorized by the Quantum Network
This week the Quantum Financial System was said to be fully operational for completion of that Global Currency Reset.
The use of the FIAT US Dollar will be(allegedly) used for up to 90 days Feb. / March / April parallel with the new United States Note (USN), they may cut it off of by April 30th or soon thereafter. …Bruce
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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 released everything for the Global Currency Reset at 3pm PDT on Tues. 11 Feb. 2025 to (allegedly) start the shotgun release of liquidity & notifications …Carolyn Bessette Kennedy on Telegram
Wed. 12 Feb. Funding (allegedly) released to Bond Holder accounts. Banks could no longer (allegedly) see or have access to individual bank accounts. Some private groups were(allegedly) paid out on Wed. 12 Feb, while others will be(allegedly) 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 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
On Sun. 16 Feb. 2025 the Iraqi budget with the new Iraqi Dinar Rate was(allegedly) ratified and expected to be published in the Gazette soon.
Wed. 19 Feb. 2025 Wolverine: “Hi guys. Certain platforms were(allegedly) paid today. Tier4b (us, the Internet Group) should be soon.”
Tues. 18 Feb. 2025 What We Think We Know …EBS Activated With Trump on Telegram
DOGE just exposed that, until now, the Treasury Department had no traceability for nearly $4.7 trillion in U.S. taxpayer funds. Elon Musk says that a government database shows that five million people over 140 years old still receive Social Security benefits. People thought USAID was bad. Wait, they see what’s been happening at the IRS. Stephen Miller just confirmed that foreign fraud rings have been using fake social security numbers & identities to steal billions of taxpayer benefits through the IRS and Social Security. Miller confirmed DOGE is about to get the records. “Over a 10-year normal budget window, you could be talking about saving over a trillion dollars by clamping down on massive fraud in our tax and entitlement systems, including again those carried out by organized fraud and theft rings.”
Read full post here: https://dinarchronicles.com/2025/02/20/restored-republic-via-a-gcr-update-as-of-february-20-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Article: "Exporting the region's oil" on the table of Nechirvan Barzani and the Turkish Foreign Ministry" FLOW OF OIL FROM TURKEY = A NEW EXCHANGE RATE... OR THERE WOULD BE NO FLOW! ...You got Turkey that says, 'Ok we're going to send the oil in.' At 1310? No I don't think so.
Militia Man The Development Road Project is not going away. It's actually just picking up steam and we're seeing evidence of that...
Frank26 [Iraq boots-on-the-ground report] FIREFLY:CBI...did deny any sanctions by the US Treasury on any Iraqi Banks or cards, saying we don't have no sanctions on any banking. This is false news. Iraqi citizens know who's doing this [reporting false news]. FRANK: I figured that was what was going on. All these rumors just didn't make any sense. All these lies are obviously to stop what's about to happen because at the end of anything, the enemy uses desperate tactics in order to defeat goodness...IMO we will see lies and rumors everyday...just to...delay what Sudani is about to give to the citizens. They want to prevent Sudani's monetary reform.
140K GOLD?!? What Will Happen if GOLD is REVALUED?
Silver Dragons: 2-19-2025
In this video I talk about the possibility of the gold that the USA holds being revalued. The USA apparently holds around 261.5 Million ounces of gold in their vaults.
This gold is currently valued at about $42 per ounce. What will happen if they change the valuation to $2,900 per oz? Will this cause the price of gold to go up or down?
I talk about how in 1973 the US changed the price of gold on their book from $35 per oz to $42 per oz and did not have to sell any gold at all to do this it was simply an accounting gimmick.
The price of gold did go up 66% that year. What would happen if the US did a much larger revaluation of gold?
Would this help the USA pay off the national debt? I show how the US would need to revalue their gold to $140,000 in order to completely pay off the National Debt today.
I don't think that would happen but if they do revalue gold to $2,900 per oz I think this will weaken the dollar and cause the price of gold to go much higher.
Here is my video talking about the gold in Fort Knox and my opinion on it as well:
Iraq Economic News and Points to Ponder Thursday 2-20-25
A Government Advisor Stresses The Importance Of Gold Trade To Support The Current Account Of The Balance Of Payments
The time: 2025/02/18 12:14:47 Reading: 2 ٬ 445 times {Economic: Al Furat News} A government advisor stressed the importance of gold trade to support the current account of the balance of payments.
"The adoption of advanced industrial protection policies will positively reflect on the
quality of the national gold product and the
stability of its prices."
A Government Advisor Stresses The Importance Of Gold Trade To Support The Current Account Of The Balance Of Payments
The time: 2025/02/18 12:14:47 Reading: 2 ٬ 445 times {Economic: Al Furat News} A government advisor stressed the importance of gold trade to support the current account of the balance of payments.
"The adoption of advanced industrial protection policies will positively reflect on the
quality of the national gold product and the
stability of its prices."
He pointed out that "this step will enhance the protection of one of the most important pillars of the national and family economy, with a direct and positive impact on the current account of the balance of payments." Saleh explained that
"the organization of the import of non-manufactured gold and its re-export will contribute to achieving an added value to the national economy," stressing
"the importance of careful supervision from the competent authorities to ensure the inventory of the gold movement within the framework of an economically organized trade, with high return and rational governance."
The Industrial Coordination Council had approved at its meeting the day before yesterday, Sunday, the resettlement of the precious metal industry, gold and jewelry, in addition to cosmetic products, while directing to provide all the necessary facilities for those wishing to establish their factories, and
it was decided to
monitor the quantities of gold exported abroad, through controls determining The quantities are re-manufactured,
submit documents to the central bank that provide the value of the external quantity, and
return the quantity yet
Complete its manufacturing for the country, with observation from the central bank.
https://alforatnews.iq/news/مستشار-حكومي-يشدد-على-أهمية-حوكمة-تجارة-الذهب-لدعم-الحساب-الجاري-لميزان-المدفوعات
Gold Localization
Economic 2025/02/19 Yasser Al –Mitwalli The government decision to localize the gold and precious metals industry is of great importance, as an important economic decisions, to consider gold, the pillar of the guarantee of the economy of any country of the collapses that may occur in periodic financial crises, and for causes of them naturally during periods of the economic cycle, and other political, as well as wars and others.
This decision comes consistent with what I dealt with in two previous articles published here in the "Al-Sabah" economy, as the first was titled (The forgotten wealth), in December 2024, and the second article was titled (Hedging with Gold a Safe Investment), in a month March of the same year (2024).
I was alerted to them the importance of taking advantage of global experiences in investing gold as an effective way to diversify sources of income and wealth, and as a safe alternative to the monetary reserve represented by the dollar, in order to avoid sanctions imposed by the American federalism on the countries, because it is the owner of the dollar currency, and there are many evidence and close to many of Countries.
This wealth has become forgotten and its page is folded after the world turned into a lack of evaluation of its currencies the size of its gold, and perhaps what brought back to mind the truth of the importance of this forgotten wealth (gold), the economic sanctions that some countries have been imposed by imposed by the great countries for various reasons, with the sanctions body Economic, and many examples available soon and not far from our current reality.
The nearest example that can be remembered is the embarrassing economic sanctions of Venezuela, which prevented the availability of what blocks the livelihood of its people, forcing its government to refer to the wealth of gold and act by selling it in order to confront the economic blockade that was imposed on it.
The expectations of economists also indicate that Russia may have to sell its gold reserves, as the last option in the face of US sanctions, if long.
This image became clear with the prolongation of the Russian-Ukrainian war, with the escalation of the ceiling of US-European sanctions on Russia, and Russia is also putting this possibility as the last option after the elements of confronting the siege and sanctions are exhausted. Accordingly, it seems that the
Iraqi government
is trying to benefit from these bitter experiences, and therefore it
decided to give the gold a priority to pay attention by localizing its industry and supporting workers in this sector as an optimal option.
The government's awareness of the importance of gold reserves as a guaranteed reserves in the face of emergency and critical conditions makes it offered this sector a great importance in the future. It is useful to note that
Iraq occupies an advanced rank in the cash gold reserves, as it is the fourth Arab and thirty globally, and by 152 tons of cash gold.
Perhaps the endeavor of the Central Bank of Iraq to increase the volume of Iraq's gold reserves reflects its importance in the balance and durability of the country's economy.
The new government initiative in localizing the gold industry will contribute to
encouraging citizens to invest in gold, and
restore the idea of its acquisition of decoration and saving when needed, as
this decision will achieve economic feasibility by maintaining gold from exporting it abroad, providing difficult currencies as a result of imports, and providing job opportunities For unemployed youth in this profitable profession.
The next important step is that it is necessary to adapt and amend the laws and procedures necessary to facilitate the birth of this important industry in attracting capital, whether internal or external, which has priority to attract investors to invest in a safe and profit field. https://alsabaah.iq/110413-.html
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Thursday Morning 2-20-25
Good Morning Dinar Recaps,
XRP NEWS: BRAZIL APPROVES WORLD’S FIRST SPOT ETF, LEAVING U.S. BEHIND
▪️Brazil becomes first country to approve spot XRP ETF, surpassing the U.S.
▪️Brazil’s CVM approves Hashdex Nasdaq XRP Index Fund, awaiting B3 stock exchange listing.
▪️Meanwhile, U.S. SEC delays XRP ETF decisions, awaiting Ripple lawsuit resolution.
Brazil has made history by approving the first spot XRP exchange-traded fund (ETF), taking the lead ahead of the U.S. and other major markets. The country’s Securities and Exchange Commission (CVM) has given Hashdex the go-ahead for its XRP ETF. Meanwhile, the ETF is set to debut on the B3 stock exchange, offering investors direct exposure to XRP.
Good Morning Dinar Recaps,
XRP NEWS: BRAZIL APPROVES WORLD’S FIRST SPOT ETF, LEAVING U.S. BEHIND
▪️Brazil becomes first country to approve spot XRP ETF, surpassing the U.S.
▪️Brazil’s CVM approves Hashdex Nasdaq XRP Index Fund, awaiting B3 stock exchange listing.
▪️Meanwhile, U.S. SEC delays XRP ETF decisions, awaiting Ripple lawsuit resolution.
Brazil has made history by approving the first spot XRP exchange-traded fund (ETF), taking the lead ahead of the U.S. and other major markets. The country’s Securities and Exchange Commission (CVM) has given Hashdex the go-ahead for its XRP ETF. Meanwhile, the ETF is set to debut on the B3 stock exchange, offering investors direct exposure to XRP.
XRP ETF Finally Gets Approval
According to recent reports, Brazil’s CVM has approved the Hashdex Nasdaq XRP Index Fund, making it the first spot XRP ETF to receive official regulatory backing.
However, established on December 10, 2024, the fund is now in its pre-operational phase, awaiting final clearance from the B3 stock exchange before trading can begin. Hashdex, the asset manager behind the fund, has yet to announce the official listing date.
This approval is a big step forward as more people worldwide show interest in crypto ETFs. Meanwhile, investors want safe and regulated ways to invest in digital assets, and Brazil’s quick action puts it ahead of many other countries in meeting this need.
XRP ETF Interest Grows Worldwide
Several major firms, including Bitwise, 21Shares, CoinShares, and Grayscale, have recently filed applications for spot XRP ETFs. However, the U.S. Securities and Exchange Commission (SEC) has yet to approve any of these applications.
Meanwhile, Bloomberg senior ETF analysts James Seyffart and Eric Balchunas both estimate a 65% chance of approval but suggest that the SEC may delay any decision until its lawsuit against Ripple is fully resolved.
XRP Price Recorded 7% Gain
After Brazil approved the XRP ETF, the price of XRP jumped by 7%, reaching around $2.67 in the last 24 hours. This rise made XRP the best-performing asset among the top ten cryptocurrencies, with a 10% gain over the week.
Although recent data from Coinglass shows that XRP saw $8.20 million in future liquidations during this time. Out of this, $2.31 million came from long positions, while $5.69 million came from short positions.
Meanwhile, Key Market indicators like the Relative Strength Index (RSI), Stochastic Oscillator (Stoch), and Moving Average Convergence Divergence (MACD) suggest strong buying momentum, hinting at more possible gains for XRP.
@ Newshounds News™
Source: Coinpedia
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TRUMP’S RADICAL GOVERNMENT SHAKE-UP TARGETS NASA, IRS, FDIC, AND DHS
President Donald Trump’s administration is executing a sweeping overhaul of the U.S. civil service, with tech billionaire Elon Musk spearheading the Department of Government Efficiency (DOGE). Thousands of federal employees have been dismissed as part of this controversial restructuring.
Trump claims the initiative will save "hundreds of billions," though Musk’s team reports $55 billion in savings so far—less than 1% of the federal budget. Republicans praise the effort to cut what they see as bloated bureaucracy, while Democrats argue it threatens essential government services and middle-class jobs.
NASA faces 1,000 layoffs, while the IRS has identified at least 7,500 employees for termination. The Federal Deposit Insurance Corporation (FDIC) and the Federal Emergency Management Agency (FEMA) have also begun dismissals. Meanwhile, the Department of Homeland Security (DHS) is preparing to fire hundreds of senior employees deemed not aligned with Trump.
Critics question Musk’s authority as his companies, including Neuralink, remain under federal investigation. Lawsuits challenging his role have produced mixed rulings, with a judge recently allowing the campaign to proceed while raising concerns about oversight.
Trump further asserted executive power by ordering greater presidential control over independent agencies. Meanwhile, lawmakers claim transparency is lacking, with oversight requests going unanswered.
Defending Musk, Trump called him a “patriot” but clarified that he would not have decision-making authority over space-related matters. As mass layoffs continue across federal agencies, uncertainty looms over the future of government operations and thousands of public-sector employees.
@ Newshounds News™
Source: Economic Times
~~~~~~~~~
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“Tidbits From TNT” Thursday Morning 2-20-2025
TNT:
Tishwash: Rafidain Bank enhances the efficiency of its services by expanding the application of the electronic Q System
Rafidain Bank announced the expansion of the application of the electronic Q System to manage and organize customer waiting, to include more than 27 branches in Baghdad and the governorates, with a gradual plan to generalize it to other branches later.
The bank stated in a statement: "This trend reflects the bank's commitment to adopting the latest banking technologies to ensure the provision of more efficient and faster services, as the system provides an advanced mechanism to organize the movement of customers within the branches, reduce waiting periods, and determine the order of customers according to service priority, with an accurate time estimate for completing transactions.
TNT:
Tishwash: Rafidain Bank enhances the efficiency of its services by expanding the application of the electronic Q System
Rafidain Bank announced the expansion of the application of the electronic Q System to manage and organize customer waiting, to include more than 27 branches in Baghdad and the governorates, with a gradual plan to generalize it to other branches later.
The bank stated in a statement: "This trend reflects the bank's commitment to adopting the latest banking technologies to ensure the provision of more efficient and faster services, as the system provides an advanced mechanism to organize the movement of customers within the branches, reduce waiting periods, and determine the order of customers according to service priority, with an accurate time estimate for completing transactions.
He added: "This development comes within the bank's vision to enhance digital transformation and raise the level of customer satisfaction, by providing innovative solutions that contribute to improving the efficiency of banking operations and providing a smoother and more accurate experience. link
Tishwash: Optimism about opening branches of Rafidain and Rashid Banks in the region: Stimulates the economy and attracts investors - Urgent
Economic expert Kalala Siddiq commented on Thursday (February 20, 2025) on the importance of opening branches of Rafidain and Rashid banks in Sulaymaniyah and the Kurdistan Region in general, and their economic benefits.
In an interview with Baghdad Today, Sadiq said, "This step will contribute to revitalizing the local economy, and opening branches of these government banks is an important step to revitalize the local economy in Sulaymaniyah. These branches will also provide various financial services to residents and companies, which will contribute to stimulating investments and developing businesses."
She added, "The opening of banks will contribute to facilitating financial transactions, and citizens and companies will be able to conduct their financial transactions more easily and conveniently, without the need to travel to other areas. This includes withdrawing salaries, making money transfers, paying bills, and obtaining loans."
She pointed out that it "will contribute to increasing competition, and will lead to the entry of new banks into the market to increase competition between financial institutions, which may improve the quality of services provided and reduce costs."
It will also provide job opportunities, and the opening of these branches will contribute to providing new job opportunities in Sulaymaniyah, which will help reduce unemployment and improve the standard of living.
She added, "Opening banks contributes to attracting investments, and the presence of branches of government banks can contribute to enhancing confidence in the local economy, which may attract more investments to the region."
Earlier on Wednesday, the representative of the Patriotic Union of Kurdistan, Gharib Ahmed, commented on the visit of the Governor of the Central Bank, Ali Al-Alaq, to the city of Sulaymaniyah.
He said in an interview with Baghdad Today, "This visit is an important and excellent step that came based on the desire of the people of Sulaymaniyah and the Kurdistan Region," explaining in his answer to a question about opening branches of Rafidain and Rashid banks, he replied that "if it happens, it is considered an important step to ensure the disbursement of employees' salaries according to what was stipulated in the Federal Court's decision, and also an important step for other financial transactions that the people of the region want."
Ahmed pointed out that "there is a request to open other branches of Rafidain and Rashid banks in the governorates of the Kurdistan Region, and in independent administrations such as the Raparin Faqi Ranya Administration and the Karmian Administration."
This comes in the context of the Federal Court’s decision to localize the salaries of Kurdistan Region employees at outlets spread across the region or banks open and licensed by the Central Bank of Iraq.
Ahmed added that "this step will contribute to enhancing financial stability in the region and meeting the needs of citizens in the field of financial services. He also stressed the importance of enhancing cooperation between the Central Bank of Iraq and the Kurdistan Regional Government to achieve these goals."
The Governor of the Central Bank, Ali Al-Alaq, is scheduled to visit the city of Sulaymaniyah to open branches of Rafidain and Rashid in the city, in a move aimed at enhancing financial services in the region and meeting the needs of citizens. link
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Tishwash: Financial expert: Bond offering helps support Iraq's cash deficit
Financial expert and former Director General of the Central Bank of Iraq, Mahmoud Dagher, explained on Wednesday that issuing financial bonds helps support the cash deficit and is a debt on the government.
Dagher told Shafaq News Agency, "The process of issuing financial bonds does not require a financial deficit, as bonds are often issued for the purpose of providing financial tools and encouraging the financial market in the country."
He added that "the bonds offered by the Ministry of Finance help support the deficit, which may be temporary and not permanent," indicating that "the amount of bonds that the Ministry of Finance will receive is a debt owed to it and to the government."
On February 5, the Federal Ministry of Finance announced the launch of national bonds (first issue) for public subscription, with a total value of two trillion Iraqi dinars, for the period from February 10 to March 10, 2025.
The Ministry of Finance also offered, in the middle of last year, government bonds under the name “Injaz” for public subscription, in the category of 500 thousand dinars, for a period of two years with an annual interest of 6.5 percent paid every six months, and a bond in the category of one million dinars for a period of four years with an annual interest of 8.5 percent paid every six months link
Mot: ..... Remember That Contractor!!!!
Mot: I don't understand. My parents taught me to be honest
Our teacher asked what my favorite animal was, and I said, "Fried chicken." She said I wasn't funny, but she couldn't have been right, because everyone else laughed. My parents told me to always tell the truth. I did. Fried chicken is my favorite animal.
I told my dad what happened, and he said my teacher was probably a member of PETA. He said they love animals very much. I do, too. Especially chicken, pork and beef. Anyway, my teacher sent me to the principal's office. I told him what happened, and he laughed, too. Then he told me not to do it again.
The next day in class my teacher asked me what my favorite live animal was. I told her it was chicken. She asked me why, so I told her it was because you could make them into fried chicken. She sent me back to the principal's office. He laughed, and told me not to do it again.
I don't understand. My parents taught me to be honest, but my teacher doesn't like it when I am. Today, my teacher asked me to tell her what famous person I admired most. I told her, "Colonel Sanders." Guess where I am now...
MilitiaMan & Crew-Iraq Dinar News-Budget Law-Oil Flow-Salaries Secured-Implementation Reforms-Integration Global
MilitiaMan & Crew-Iraq Dinar News-Budget Law-Oil Flow-Salaries Secured-Implementation Reforms-Integration Global
2-19-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew-Iraq Dinar News-Budget Law-Oil Flow-Salaries Secured-Implementation Reforms-Integration Global
2-19-2025
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 Wednesday Evening 2-19-25
Foreign Minister Reveals New Round Of Dialogue With America In Washington
2025/02/19 Reading: 825 times {Politics: Al Furat News} Foreign Minister Fuad Hussein confirmed that the relationship with the United States is managed within the framework of a strategic dialogue.
Hussein said in a televised statement, "Iraq is looking forward to a new round of dialogue this year in Washington.
The minister pointed out that the new American policy in the region requires constructive interaction, stressing the independence of the Iraqi decision
Foreign Minister Reveals New Round Of Dialogue With America In Washington
2025/02/19 Reading: 825 times {Politics: Al Furat News} Foreign Minister Fuad Hussein confirmed that the relationship with the United States is managed within the framework of a strategic dialogue.
Hussein said in a televised statement, "Iraq is looking forward to a new round of dialogue this year in Washington.
The minister pointed out that the new American policy in the region requires constructive interaction, stressing the independence of the Iraqi decision.
Regarding the Syrian file, Fuad Hussein said that this issue is not only local or national, but rather a regional and international issue with complex dimensions, noting that Iraq continues to hold talks with the Syrian side and the parties concerned in this regard.
Regarding the tension between Washington and Tehran, the Foreign Minister stressed that this tension directly affects Iraq, noting that Baghdad is in constant contact with the Iranian side and looks forward to holding talks with the American side, based on the Iraqi national interest.
Regarding the Palestinian issue, the minister stressed the existence of clear Arab positions on the issue of the displacement of Palestinians from Gaza, explaining that this issue has provoked strong reactions in Arab societies."
He explained that "the Iraqi society always supports the Palestinian cause, and there is an Iraqi national law that prohibits normalization and communication with the entity.
Hussein continued, "We will hold the Arab summit in Baghdad, and we invite all leaders to participate. I did not talk about any personal matter, but the invitation comes within the framework of the summit, and we invite everyone to Baghdad." LINK
Oil Prices Rise As US, Russia Cut Supplies
Wednesday 19 February 2025 | Economic Number of readings: 252 Baghdad / NINA / Oil prices rose during early Asian trading on Wednesday, amid disruptions to oil supplies in the United States and Russia, and as markets await clarity on peace talks in Ukraine.
Brent crude futures rose 20 cents, or 0.3 percent, to $76.04 a barrel at dawn today, rising for the third consecutive day, according to Reuters data.
US West Texas Intermediate crude futures for March rose 23 cents, or 0.3 percent, to $72.08 a barrel, up 1.7 percent from Friday's close after no settlement on Monday due to the US Presidents' Day holiday. The March contract expires on Thursday. The more widely traded April contract rose 0.3 percent to $72.04.
Russia said oil flows through the Caspian Sea pipeline, a major route for crude oil exports from Kazakhstan, plunged 30 to 40 percent on Tuesday after a Ukrainian drone attack on a pumping station.
Meanwhile, cold weather has threatened U.S. oil supplies, with the North Dakota Pipeline Authority estimating that production in the third-largest U.S. crude-producing state will drop by up to 150,000 barrels per day due to the cold. / End https://ninanews.com/Website/News/Details?key=1187510
Goldman Sachs: OPEC+ To Postpone Planned Oil Production Increase
Energy Economy News - Follow-up Goldman Sachs said on Wednesday that the OPEC+ alliance, which includes OPEC and non-OPEC producers led by Russia, will postpone its planned increase in oil production from April to July.
He added that a potential peace deal between Ukraine and Russia and the associated easing of sanctions on Russia are unlikely to lead to increased Russian oil flows.
Bloomberg News reported two days ago, citing sources, that the OPEC+ alliance is considering postponing a series of monthly supply increases scheduled to begin in April, despite calls from US President Donald Trump to lower prices.
The agency quoted one of the sources as saying that global oil markets are still too fragile to increase production now. https://economy-news.net/content.php?id=52888
Iraq Plans To Increase Oil Production To 7 Million Barrels Per Day
Energy Economy News – Baghdad The Ministry of Oil revealed, on Tuesday, plans to increase production capacity to reach (7) million barrels per day in the coming years.
The Undersecretary of the Ministry, Ali Maaraj, said in an interview with the official newspaper, which was followed by “Al-Eqtisad News”, that “the Ministry has plans to increase production capacity to (7) million barrels per day of oil within the next five years.”
He explained that "this level of production can be achieved through the fifth and sixth licensing rounds and their annex, and the contracts that were concluded, in addition to developing the Artawi, Ibn Omar and Tuba fields, and the national effort exerted to develop the remaining fields. https://economy-news.net/content.php?id=52864
Restructuring Iraqi Banks.. A Government Plan To Protect The Financial Sector
2025/02/19 Read: 2,145 times {Economic: Al Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Wednesday, that the government and the monetary authority are working on a comprehensive reform of the national banking system, with the aim of enhancing its stability and protecting it from the repercussions of any stumbling block in integration with the global financial system.
Saleh explained to {Euphrates News} that “the reform efforts include restructuring private and government banks, noting that the American company Oliver Wyman is currently studying the conditions of private banks, while E&Y is evaluating government banks, to come up with a unified vision aimed at developing the banking sector and ensuring its effective integration into the international financial system.” LINK
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
This Is the Max Number of Bank Accounts You Should Have
Self-Made Millionaire: This Is the Max Number of Bank Accounts You Should Have
Gabrielle Olya Wed, February 19, 2025 GOBankingRates
In her book “Crush Your Money Goals,” financial coach and self-made millionaire Bernadette Joy writes that the first step toward achieving financial freedom is to “curate” your financial accounts. This means reviewing every financial account you have open — your bank accounts, credit cards, loans and properties in your name. Once you have a list of your accounts, it’s time to streamline them and consolidate them into 20.
“When it comes to achieving financial independence, the fewer accounts you have, the fewer opportunities for mistakes or precious money to fall through the cracks,” she wrote.
Self-Made Millionaire: This Is the Max Number of Bank Accounts You Should Have
Gabrielle Olya Wed, February 19, 2025 GOBankingRates
In her book “Crush Your Money Goals,” financial coach and self-made millionaire Bernadette Joy writes that the first step toward achieving financial freedom is to “curate” your financial accounts. This means reviewing every financial account you have open — your bank accounts, credit cards, loans and properties in your name. Once you have a list of your accounts, it’s time to streamline them and consolidate them into 20.
“When it comes to achieving financial independence, the fewer accounts you have, the fewer opportunities for mistakes or precious money to fall through the cracks,” she wrote.
Think of each of your financial accounts as a separate handbag,” Joy continued. “Having multiple checking, savings and investment accounts and credit cards is like carrying around an armful of handbags with just a little bit of money in each. It’s not efficient and it feels a little silly.”
While Joy recommends having 20 financial accounts total, your bank accounts should be a small fraction of that.
How Many Bank Accounts Should You Have?
According to Joy, you should have no more than three bank accounts — or four if you own a business.
TO READ MORE: https://www.yahoo.com/finance/news/self-made-millionaire-max-number-190026431.html
Wednesday Evening News With MarkZ 2-19-2025
Wednesday 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 Mark, Mods and Family!
Member: Hello Mark, MODS, and all of my family in RV land. Follow the yellow brick road to The Golden Age of America.
Wednesday 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 Mark, Mods and Family!
Member: Hello Mark, MODS, and all of my family in RV land. Follow the yellow brick road to The Golden Age of America.
Member: Whats new Mark…..any bond news?
MZ: I continue to get more historic bond updates , and the timing is being confirmed from nearly everyone of them…..looking at anytime in the next 12 days to be very busy on that front. Bond folks say their final appointments have been given. They have gotten all kinds of updates including some background on what has been going on.
MZ: I have not heard much from groups yet….I know a couple people involved in the upper levels of groups that recently traveled to be in place. They say they are working hard but won’t say on what.
MZ: We continue to hear this is an absolute priority for Trump. We hope that is accurate and we are off the “stuck” spot.
MZ: “Kurdistan Council of Ministers confirm its aspirations to resume the nation’s oil exports as soon as possible” This is big and they are talking of resuming them in the month of February. This may be one of the big keys we have been waiting for.
MZ: “Parliamentary finance: US sanctions will exasperate the dollar crisis. The government has no plan” Well, there is a government plan. They are telling us they are going to have to change the value if the US is going to continue de-dollarizing, then they are going to be forced to increase the value of the dinar.
MZ: “ The spread of the counterfeit Iraqi dinar raises the panic of citizens and merchants” Do not panic. They claim there has recently been an influx of counterfeit bills from Iran. The CBI says it is not widespread or large. But, this does pave the way for new bills with new security features (lower denominations) Great cover for the RV?
MZ: “Al Alaq-Inflation dropped by 3 %” Think safe and stable. Shabibi always said give me a safe and stabe Iraq and I will give you a new value for the dinar
Member: Thanks to all……hope everyone enjoys their evening….God Bless
Mod: JOIN US FOR W & W AT 8:00 PM EST. TONIGHT...
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 News, Rumors and Opinions Wednesday PM 2-19-2025
KTFA:
Clare: Sistani’s office expects the beginning and end of Ramadan without completing the waiting period
2/19/2025
The office of the highest Shiite authority in Iraq, Ayatollah Ali al-Sistani, predicted today, Wednesday, the beginning of the month of Ramadan for the year 2025.
The office expected that the month of Ramadan would begin on Sunday, the second of March, and end on the 30th of the same month.
According to the calendar published by the office, the month of fasting will not be complete for 29 days.
KTFA:
Clare: Sistani’s office expects the beginning and end of Ramadan without completing the waiting period
2/19/2025
The office of the highest Shiite authority in Iraq, Ayatollah Ali al-Sistani, predicted today, Wednesday, the beginning of the month of Ramadan for the year 2025.
The office expected that the month of Ramadan would begin on Sunday, the second of March, and end on the 30th of the same month.
According to the calendar published by the office, the month of fasting will not be complete for 29 days. LINK
Clare: Kuwait decides to include Iraqis in electronic tourist entry visas
2/19/2025
The Iraqi Ambassador to Kuwait, Al-Manhal Al-Safi, announced his thanks to Kuwait for the decision to include Iraqi citizens in electronic tourist entry visas starting yesterday, Tuesday.
Al-Safi said in a statement to reporters on the sidelines of his attendance at the Japanese embassy’s celebration of the National Day: “This step comes as a culmination of the efforts made by the Iraqi embassy in the country in cooperation with the Kuwaiti authorities, and it also came against the backdrop of the success achieved during the Gulf Cup Football Championship {Gulf 26}, noting that this step aims to strengthen bilateral relations between the two brotherly countries.”
Regarding the mechanism for obtaining visas, Al-Safi explained that the same mechanism adopted by the Kuwaiti authorities for the entry of Iraqi tourists with a tourist visa has been adopted, adding, “It can be obtained by entering the Kuwaiti Ministry of Interior website {Kuwait Visa} and filling out all the requirements for the entry visa, including the availability of a hotel reservation, or an address within the State of Kuwait.”
He added, “The validity period of entry with a tourist visa will be one month by land or air.”
On the other hand, the Iraqi ambassador praised the results of the eighth meeting of the Technical Legal Committee, which was held last Sunday in Kuwait in a positive atmosphere, noting that the meeting was held according to the agreed upon mechanism to hold it periodically every two months in the capitals of the two brotherly countries, as the previous meeting was held in Baghdad.
He stressed that the meetings are ongoing and take their time, and that each meeting produces new horizons, noting that pushing these negotiations forward reflects the desire of the two brotherly countries to move forward in drawing the roadmap. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Article: “Britain: Iraqi government supports private sector, encourages international investment” Iraq is making headway and the Iraqi-British Council see what Iraq has to offer for international investment and the private sector! The World Bank is in agreement! The signs of Iraq opening to the International Financial System are everywhere Al-Sudani Prime Minister of Iraq turns! It is truly amazing to watch take shape! All investors in the Iraqi dinar should be smiling large! I know I am.
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on television…he says the Iraqi dinar will regain its strength and the exchange rate will return to balance sooner or later. FRANK: This is the Finance Minister telling the Iraqi citizens, ‘Hey, the Iraqi dinar will regain its strength’. So you’re trying to tell us that 1310 is going to be soon removed… 1310 is an imbalanced rate. What is balanced? IMO anything at 1 to 1 and above… FIREFLY: He also said this decision depends on completing the methodology of the financial and banking reforms. FRANK: Consider this the final countdown.
“Wall Street Talk Of Gold Revaluation Is Drawing Attention”
Arcadia Economics: 2-19-2025
First Treasury Secretary Scott Bessent talks about ‘monetizing the assets on the US balance sheet for the people,’ and now Bloomberg is publishing articles about how a gold revaluation is drawing a lot of attention on Wall Street.
Which makes it an exciting time in the gold and silver markets.
And in today’s show we go through the Bloomberg article, some of the latest signs of tightness in the precious metals markets, and all of the latest news. So to find out more, click to watch the video now!
Bruce’s Big Call Dinar Intel Tuesday Night 2-18-25
Bruce’s Big Call Dinar Intel Tuesday Night 2-18-25
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. It is Tuesday, February 18th and you're listening to the big call. Welcome everybody, all over the globe, wherever we're getting the call out to, which is really kind of cool, I know, let's say on last Thursday's call, we had over 11 million people listening live, and we have a number of people that listen to the replay, and that tends to put us up in that 18 to 24 million in that range. But thank you for listening, if you're out there. We appreciate you, wherever you're located all over the globe. Thanks for tuning in. And let's have a great call tonight
All right, let's talk about the Intel where we are. Now here’s my disclaimer, I should do this on every call, but I don't really think to do it. But you realize by now I have information that nobody else has - I do bring it when it's applicable, when I can share it with you guys. We have contacts - and I've told you guys in the past some of who these contacts are, and some of them are remarkable. They know things, and sometimes they tell a thing that I just can't bring out on the big call.
Bruce’s Big Call Dinar Intel Tuesday Night 2-18-25
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. It is Tuesday, February 18th and you're listening to the big call. Welcome everybody, all over the globe, wherever we're getting the call out to, which is really kind of cool, I know, let's say on last Thursday's call, we had over 11 million people listening live, and we have a number of people that listen to the replay, and that tends to put us up in that 18 to 24 million in that range. But thank you for listening, if you're out there. We appreciate you, wherever you're located all over the globe. Thanks for tuning in. And let's have a great call tonight
All right, let's talk about the Intel where we are. Now here’s my disclaimer, I should do this on every call, but I don't really think to do it. But you realize by now I have information that nobody else has - I do bring it when it's applicable, when I can share it with you guys. We have contacts - and I've told you guys in the past some of who these contacts are, and some of them are remarkable. They know things, and sometimes they tell a thing that I just can't bring out on the big call.
But what I can tell you is, when I get information and it's verified, let's say, four or five different sources that don’t know each other - It's something that I take very seriously. And I think, oh, man, this is it - This is happening - from this one, this one, this one, this one, and this one, and it's looking good, looking very good.
And so when I get enthusiastic and bringing out Intel. And just like last Thursday, I was just about calling it - I didn't even call it. I know it. I know and but it didn’t happened yet, and even the information that we got from, I'm going to say, Saturday, Sunday, Monday, was indicating that we had, and this is what one of the sources said, we got a 99.9% chance of being notified today, Tuesday, today. Well, guess what? The 1/10 of a percent wonwe did not get notified today.
I think we were also told by another source that Tuesday, Wednesday would be blockbuster days for us, and Tuesday was not a blockbuster day yet. I don't think it's going to be – Now. Could Wednesday, Thursday be our blockbuster days, I think so. I think so –
We didn't get the final little push I wanted with Intel right before the big call. So I might get it before I stop talking tonight, or I might get it after the call tonight, or we might even get it tomorrow. I could tell you this much, the redemption center leader we talk to occasionally – when we’re able, was expecting an email at 715 this morning, and he got the email, and it said, “pending “ – “Be prepared to go in at a moment's notice”, that was into redemption Center as a leader.
Now, as far as I know, there was one more email that he would receive that would be an assignment email that would tell him when to go in today, or whenever. My knowledge so far, we did not hear confirmation that that second email has come out. The first one was “pending” – “be prepared to go in at a moment's notice”, but that second email giving the assignment of when to go in did NOT occur, as far as we know today
Now – could it occur overnight could it occur in the morning. Could it occur at 715 in the morning and then he goes in at eight o'clock or whatever. I think that's quite possible.
What I did hear was last Saturday. We've got sources in Iraq that we talk to - we did hear, that last Saturday, we were told that Wednesday, which is tomorrow, we should have the new revalued dinar rate in published into the official record of Iraq which they call the Gazette.
Now that would be tomorrow, early morning, if that is still on. I think that looks good for us to get our notifications tomorrow. But Some sources say that Iraq publishing the rate in the gazette has nothing to do with us getting this when we get it. I I know that Iraq has been called the lynch pin for years in terms of the RV, in terms of the GCR and everything moving forward.
So I think they're still very important, very much a part of having this go shortly after their newly revalued dinar rate makes its way into the Gazette, but I still think it's important for us. So that's what we heard last Saturday. Remember, we haven't done a call since Thursday of last week.
So beyond that, we're also hearing that the hold up today, the fact we didn't get it today, might have something to do with Treasury getting out more USTN paper, new dollar, currency, United States Treasury notes into the banks, possibly the redemption centers, although I know banks and redemption centers got USTN currency in a year and a half ago and we know who delivered it
We know when they delivered it. We know roughly how much they delivered and it's was put in the vaults. And as far as I know, it's probably still in the vaults, but that new currency should be at the levels that they want us to have when we go in. And when will the USTN be brought out?
I think it will be brought out on whatever first day it is that we go in for exchanges, which could be as early as tomorrow. It could be Thursday, if we got notified tomorrow, which is Wednesday. What did Charlie Ward’s guy Roger, say to us? Roger said, it may not be Charlie Ward's Thursday, but it might be your Thursday, reflecting from Charlie and saying it would be our Thursday this Thursday.
Now, you know, I'm hoping that's correct. I'm hoping that's right. Maybe get notified in the morning, maybe tomorrow, when we set appointments for Thursday. I don't know at this point, it's not absolute - all I'm trying to do is give you what I'm hearing and weeding out things that don’t matter or are irrelevant to us.
Now I did hear, I did not see these two reports, but I understood that on NewsMax and on Fox, there were short reports about the R&R about restitution and reconciliation allowance. Restitution and reconciliation allowance coming soon, coming very soon, and I've heard that R and R is going to be there for us that are going in for our exchanges - When we go in, we would have, when we set up our quantum account, and we're doing our exchanges that they would have the R and R money to put into our account, into our quantum accounts.
Now, for people that aren't exchanging currency, that are of retirement age, which they're considering 60 years and older, you would receive your R and R funds restitution and reconciliation allowance. You would get the R and R money by direct deposit - If you're receiving Social Security -You would get in that bank account where you get your social - Now it's not the increase in social security - that's completely separate, but we're hearing that will still be for R, and R will still be this month.
It may come down to the last week of this month, at least right now, that's what we're hearing. And the same thing is true of the increase in Social Security.
We're hearing that increase is to occur the end of February. There's only 28 days, and today is the 10 more days to go. So I think it's interesting that a report on R&R made its way into Fox News and Newsmax today, I thought that was very interesting
I have heard that the maximum amount of R and R money, this would be for older individuals that paid a lot of money in taxes, already gotten married once or twice or three times. You know, there's a lot of variables right? Besides your birth certificate trading on that they trade on marriage licenses, traded on your divorce decree - spouse death, and she died or he died, that type of thing. There's money that comes from that in our own accounts. They've got it.
So I've heard the maximum, it's going to be in around $88 million but that money might come to somebody who's not even involved in the currencies at all. I don't think that’s where most of us will be. I think most of us might be, you know, half of that, or less than half of that, but it is something that helps to hydrate our population here, especially over population
Now - Remember, we had the idea of two age groups, 30 to 45 – 45- 60 and 60 and older would get as a lump sum, right? Lump sum payment if you're 60 and over. Now they've redone that. And I think everybody that's under retirement age, which I think they're called 61 retirement age, anybody less than that from age 30 to 61 will get the R&R, whatever that total amount is for them at that age that they started at, which is 30 or 40 or 50, or whatever age you know you are, when you start getting it, you'll get it monthly until the age of 61 - you'll get it monthly. The whole amount would be broken down into monthly payments
And if you’re younger than 60? I believe 61 you have to sign something that says that you will NOT quit your job - Or if you don't have a job, you get a job. Basically, they want us to be working and not to just get this and not work for a living. You know, it's going to be a nice little stipend, really every month - It sounds to me like
I don't know how to calculate it for younger people that are 30 to 40 to 50 years old, but it's going to be a major deal, and it sounds like it still could go this month, but why would they bring on the news R and R and the news on Newsmax and Fox today? I don't know, but I think it's interesting.
I think we're very close to getting all of this - our blessing. Hopefully it's still tomorrow or Thursday that we get it the next couple of days, and then RNR would be there for us when we open our quantum account at the redemption center - we would be able to get the additional amount of the R and R.
So I think that's what I wanted to cover tonight. So guys, I wish I could do absolute on this. You know, I'd love to absolutely have it, have an 800 number to put out and call it a celebration call. That's what I was hoping today would be. But you know what might be Thursday that we have that celebration call?
It could be Thursday. I'm going to say what we need to do is stay enthusiastic for it. Have passion, be compassionate about the fact that we are that close and the fact that everything that President Trump doing and that Elon Musk is doing with Doge is for our benefit, he's finding waste, fraud and abuse in all government entities, all organizations,
I'm thinking, if there's anything else that was relevant to us and to our start. Like I said, guys, I wish I had that last minute Intel push that would tell us give us more secure feelings about the next two days, but because we had a 99.9% chance of being notified today Tuesday, and we didn't get it today.
It sort of makes it look real strong for the next two days, Wednesday and Thursday. I'm hoping that, hey, I know you all are, remember, I'm just a messenger, and I'm doing the best I can to bring most relevant information that I receive. And sometimes we get a lot, sometimes don't get much of anything, and we just do the best we can to piece it together for you.
And so I'm excited. And you know what? Maybe we get notified and we start exchange Thursdays. We'll have a celebration called Thursday night. So let's just stay tuned and see what comes in, and hopefully we get notified. We can set appointments right away. All right, so let's do this. Let's pray the call out come off the recording regarding
So let's keep an eye out. Let's see what happens tomorrow, and we'll talk to you Thursday, hopefully with celebration call. All right, everybody, let's turn off the recording.
Bruce’s Big Call Dinar Intel Tuesday Night 2-18-25 REPLAY LINK Intel Begins 1:00:00
Bruce’s Big Call Dinar Intel Thursday Night 2-13-25 REPLAY LINK Intel begins 1:19:20
Bruce’s Big Call Dinar Intel Tuesday Night 2-11-25 REPLAY LINK Intel Begins 1:07:37
Bruce’s Big Call Dinar Intel Thursday Night 2-6-25 REPLAY LINK Intel begins 1:19:4O
Bruce’s Big Call Dinar Intel Tuesday Night 2-4-25 REPLAY LINK Intel Begins 44:24
Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 2-19-25
Good Afternoon Dinar Recaps,
FRANKLIN TEMPLETON LAUNCHES TOKENIZED U.S. TREASURY FUND IN LUXEMBOURG
Franklin Templeton, a leading global asset manager, announced on Wednesday the launch of its tokenized U.S. Treasury fund in Luxembourg, broadening access for institutional investors across Europe.
The First Fully Tokenized U.S. Gov’t Fund
Notably, the Franklin OnChain U.S. Government Money Fund is the first fully tokenized Luxembourg-based fund investing in U.S. government securities, as per the press release. This would mean that Shares in the fund are recorded and transferred on the blockchain using Franklin Templeton’s platform, improving efficiency, transparency, and security.
Good Afternoon Dinar Recaps,
FRANKLIN TEMPLETON LAUNCHES TOKENIZED U.S. TREASURY FUND IN LUXEMBOURG
Franklin Templeton, a leading global asset manager, announced on Wednesday the launch of its tokenized U.S. Treasury fund in Luxembourg, broadening access for institutional investors across Europe.
The First Fully Tokenized U.S. Gov’t Fund
Notably, the Franklin OnChain U.S. Government Money Fund is the first fully tokenized Luxembourg-based fund investing in U.S. government securities, as per the press release. This would mean that Shares in the fund are recorded and transferred on the blockchain using Franklin Templeton’s platform, improving efficiency, transparency, and security.
The fund operates on the Stellar XLM network and is available to institutional investors in eight European countries, including Austria, France, Germany and Italy, following regulatory approval in October. Notably, the U.S. version of the fund, launched in 2021, has gained over $580 million in assets but is only available to U.S. investors, according to rwa.xyz data.
European Investors Gain Access to Efficient Investment Option
This launch gives institutional investors in eight European countries access to a more efficient and transparent investment option. By using blockchain, it modernizes transactions and emphasizes the growing role of tokenization in finance. As real-world asset tokenization rises, it’s clear that traditional finance and crypto are merging.
Tokenized U.S. Treasuries are leading the charge in real-world asset tokenization, growing into a $4 billion market this year. Franklin Templeton was the first major financial institution to launch such a product, making it the third-largest tokenized treasury fund by assets, Hashnote’s USYC and BUIDL, issued by BlackRock and Securitize.
Franklin Templeton Expands Tokenized Treasury Fund to Solana
Recently, Franklin Templeton announced expanding its tokenized treasury fund to Solana. This move followed the registration of the Franklin Solana Trust in Delaware previously. The fund also known as Franklin OnChain U.S. Government Money Fund (FOBXX) was made accessible on eight blockchains, adding Solana to its previous networks, which included Stellar, Aptos, Avalanche, Arbitrum, Polygon, Base, and Ethereum.
@ Newshounds News™
Source: Coinpedia
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BRICS: RUSSIA EXPLORES MAJOR PARTNERSHIP WITH THE U.S
BRICS member Russia is exploring major partnerships with the U.S. to help its economy stay afloat. The Biden administration pressed sanctions on Russia in February 2022 for invading and waging war against its neighboring country Ukraine.
The White House sent billions to Zelensky through funds, warplanes, and military equipment. Despite receiving billions, Zelensky repeatedly demanded more and gained funds from the U.S. and the European Union (EU).
Russia is now eyeing deals with the Trump administration to save its economy from collapsing. The U.S. and BRICS member Russia discussed possible cooperation on energy projects in the Arctic during a meeting in Saudi Arabia.
Kirill Dmitriev, the head of the state-owned Russian Direct Investment Fund (RDIF) confirmed that both sides negotiated some “specific areas of cooperation” and also discussed other economic policies in broad strokes.
BRICS: Russia & U.S. Look at Energy Projects in the Arctic Region
Dmitriev revealed that BRICS member Russia and the U.S. may initiate joint energy projects in the Arctic region. “It was more a general discussion — maybe joint projects in the Arctic. We specifically discussed the Arctic,” Dmitriev said. The discussions are yet to turn into official policy as both sides are weighing their options.
If the deal goes through with the U.S., BRICS member Russia could get an economic boost that could bolster its GDP. Russia’s economy has been stagnant and Putin was finding alternative options to settle trade. Trump made it clear that he wants the U.S. to dominate the oil and gas sector leaving no room for others.
Dmitriev said that BRICS member Russia is confident that a new energy deal with the U.S. could go through. Russia is “Positive after the Biden administration destroyed all of the communication, and destroyed all of the discussion,” he said. A new chapter in the energy sector could open up if the U.S. and Russia’s Arctic oil deal goes through.
@ Newshounds News™
Source: Watcher Guru
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@ Newshounds News™
Source: CoinTelegraph on Telegram
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@ Newshounds News™
Source: BricsNews on Telegram
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