KTFA, Frank26 Dinar Recaps 20 KTFA, Frank26 Dinar Recaps 20

Frank26 “News and Views” Sunday AM 3-2-2025

KTFA:

Frank26:  "PROOF THAT THEY WORK THROUGH RAMADAN"......F26

Parliament will not be suspended" .. Parliamentary Legal Committee reveals the plan for sessions during Ramadan

2/27/2025

 A member of the Parliamentary Legal Committee, Mohammed Anouz, confirmed on Thursday that the Iraqi Parliament will not be suspended early due to the upcoming legislative elections, stressing that the Council has a moral and constitutional responsibility to continue holding its sessions and approving the remaining laws.

KTFA:

Frank26:  "PROOF THAT THEY WORK THROUGH RAMADAN"......F26

Parliament will not be suspended" .. Parliamentary Legal Committee reveals the plan for sessions during Ramadan

2/27/2025

 A member of the Parliamentary Legal Committee, Mohammed Anouz, confirmed on Thursday that the Iraqi Parliament will not be suspended early due to the upcoming legislative elections, stressing that the Council has a moral and constitutional responsibility to continue holding its sessions and approving the remaining laws.

Anouz added to Shafaq News Agency that the first and second legislative chapters are sufficient to complete the reading, discussion and voting on many laws, stressing that the Council will resume its sessions next week.

He pointed out that Parliament sessions during the month of Ramadan will be in the evening, i.e. after breakfast, to ensure the continuation of legislative work before the end of the current session.

It is noteworthy that the current session of the Iraqi Council of Representatives began on January 9, 2022, and is scheduled to continue for four years, which means that it will end on January 8, 2026. 

According to the amended Electoral Law No. 12 of 2018, legislative elections must be held 45 days before the end of the parliamentary term. 

Accordingly, the next elections are expected to be held in late November 2025. 

Recently, the Independent High Electoral Commission began its technical and logistical preparations to ensure that the elections are held on the scheduled date, in coordination with the Prime Minister’s Office.   LINK

Frank26:  "ONCE AGAIN CBI REACHED TO THE INTERNATIONAL THEATER, NOT AT 1310!!!".....F26

CBI Governor announces integration of Iraq's e-payment system with global networks

 2/26/2025  BAGHDAD

The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced on Wednesday the details of electronic payment in all of Iraq, he pointed out that the financial inclusion rate has increased to more than 40 percent, he emphasized that the bank has achieved international integration by linking the Iraqi electronic payment system to global networks

Al-Alaq said in a speech during the ninth annual exhibition and conference for finance and banking services in Iraq, which was attended by a reporter of the Iraqi News Agency (INA): “There is a complete roadmap for the digitization of banking services through electronic payment as a key tool for digital transformation, as the number of devices reached 63 thousand devices in the governorates of Iraq.”

“The number of ATMs has reached more than 4,000 devices and the number of bank cards is about 17 million,” he added.

“The Central Bank supported the licensing and operation of mobile e-wallets that allow charging, transferring and paying bills, which raised the rate of financial inclusion to more than 40% compared to 20% three years ago,” he said.

“The number of permanent wallets has reached one million and 200 thousand wallets, and we have achieved international integration by linking the Iraqi electronic payment system to global payment networks, allowing the transformation of the acceptance of foreign cards locally and expanding the acceptance of Iraqi cards internationally,” he said.

“The achievements in the field of information technology and electronic payments at the Central Bank are a fundamental shift in the financial system,” he said. LINK

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Frank26:  "NORTHERN IRAQ OIL FIELDS WELCOME RUSSIA".....F26

Russia announces imminent resumption of oil projects in Kurdistan Region

 2/27/2025

The Russian Ministry of Energy announced, on Thursday, the imminent resumption of oil projects in the Kurdistan Region. 

The Russian news agency TASS quoted Russian Energy Minister Sergei Tsevilev as saying that the Kurdistan Region of Iraq and the Iraqi government had reached a settlement to their disputes over oil, which would allow Russian companies to resume their projects in the region.

Among the companies that suspended operations in the region is Rosneft, Russia's largest oil producer.

The company has suspended some operations for security reasons while carrying out work near the border with Syria.

Last Monday, Iraqi Oil Minister Hayan Abdul Ghani said that Iraq is waiting for Türkiye's approval to resume oil flows from the Kurdistan Region of Iraq, hoping to resume them within two days.

According to TASS, the Russian Energy Minister said he had received information about resolving the differences between the region and the federal government.  LINK

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Frank26:  "DIGITAL CURRENCY IS SO HARD TO STEAL... ISN'T IT PARLIAMENT?".....F26

The digital currency to be launched in Iraq.. between economic opportunities and potential risks

 2/26/2025  Baghdad

Today, Wednesday (February 26, 2025), the expert in international economic affairs, Nawar Al-Saadi, revealed the importance of the Central Bank of Iraq launching its own digital currency.

Al-Saadi told Baghdad Today, “From an economic standpoint, this step has great benefits, but at the same time it involves challenges and risks that must be dealt with carefully.”

He explained that “the importance of this step lies in several aspects, most notably that it provides a more efficient and transparent means of electronic payment, which reduces reliance on paper money and limits the informal economy,” adding: “It also contributes to enhancing financial inclusion by facilitating digital transactions, especially in a country like Iraq where a large percentage of the population is still outside the formal banking system.”

He added, "The central bank's digital currency could help reduce the costs of printing and managing paper currency, and improve control over cash flows, which would help combat corruption and money laundering."

“However, this step is not without risks, especially in light of the challenges facing the Iraqi financial system,” he added, indicating that “the most prominent concerns are the possibility of using digital currency in smuggling operations, especially if there are no strict mechanisms to monitor digital transactions. Iraq already suffers from challenges in controlling money transfers through informal channels, and any weakness in managing digital currency could lead to its exploitation by illegal networks.”

Al-Saadi also warned that “there are risks related to monetary stability, as the rapid transition to digital currency may lead to pressures on the traditional banking system, especially if banks are not technically and practically prepared for this change.” Moreover, any security or technical flaw in the digital infrastructure may make the financial system more vulnerable to cyber attacks or hacking.”

The international economic affairs expert pointed out that “in order to ensure the success of this step, it is necessary for the Central Bank to follow a well-thought-out policy to implement it gradually, with a clear legal framework to regulate the use of digital currency,” stressing “the need to strengthen the digital banking infrastructure and ensure the readiness of the financial system to accommodate this transformation without affecting economic stability.” If this policy is implemented with caution and transparency, the Central Bank’s digital currency can be an effective tool to strengthen the Iraqi economy and push it towards more modernity and financial openness.”

Earlier on Wednesday, the Central Bank Governor, Ali Al-Alaq, revealed the intention to create a digital banking currency to replace paper currencies.

Al-Alaq said, in a speech during the Ninth Finance and Banking Services Conference and Exhibition, which was followed by “Baghdad Today”, that “the financial and banking system will witness fundamental transformations, including the decline of paper currencies to be replaced by digital payments for central banks.”

He added that "the Central Bank is moving to create its own digital currency, to gradually replace the paper process as is happening in some central banks in the world," indicating that "we are seriously considering establishing a data center in Iraq, and the bank has begun to move on this issue as part of the digital transformation steps."  LINK

Frank26:  "MIGA!!!"......Make Iraq Great Again!!  .F26     

 After calling for cutting funding to Baghdad, US representative: Let's make Iraq great again

2/28/2025

US Republican Representative Joe Wilson called for "making Iraq great again" and stopping Iran's control over it, after his previous calls to stop funding Iraq, according to the American Fox News channel.

The American report, which was translated by Shafaq News Agency, explained that Wilson, who is also a member of the Foreign Affairs Committee in the US House of Representatives, published a tweet on the "X" platform, in which he said, "Make Iraq great again," accompanied by a picture of the Iraqi flag.

The report noted that many people commented on Representative Wilson's tweet, including one who wrote to him saying, "America first? " , while another commented saying, "Forget Iraq and worry about the Americans."

The report indicated that "Representative Wilson spoke publicly on social media about various foreign countries, including Iraq and Iran, where he criticized Tehran's control over Baghdad, and repeatedly used the phrase "liberate Iraq from Iran."

The report quoted Wilson as saying in previous positions, "Iran runs the Iraqi government, as well as the army, judiciary, police and banks."

In a previous post, Wilson said that “the great people of Iraq, of all religions and ethnicities, are the heirs of a great civilization, and deserve better than to be ruled by a terrorist regime in Iran,” criticizing the former Joe Biden administration’s abandonment of the non-sectarian protest movement in Iraq, adding that “we must empower the Iraqi people to make Iraq great again and liberate Iraq from Iran.”

The report also mentioned Wilson's previous publications, in which he called for "stopping funding for Iraq" and "cutting off all aid to Iraq as long as Iran runs it."  LINK

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Frank26:  "MONETARY REFORM TEACHES... FROM THE RV TO THE RI."......F26

Analysis detailing the reasons for the fluctuations in the exchange rate of the Iraqi dinar against the dollar over 21 years

2/28/2025

The "Iraq Al-Mustaqbal" Foundation for Economic Studies and Consultations attributed, on Friday, the reasons for the fluctuations in the exchange rate of the dinar against the US dollar in the parallel market over more than two decades in the country to internal and external factors.

This came according to an analysis issued by the institution, in which it explained these fluctuations from 2005 until 2024.

The institution stated in its analysis that "the exchange rate of the Iraqi dinar against the US dollar in the parallel market witnessed noticeable fluctuations over the course of 21 years, as it was affected by a group of factors ranging from political, legislative and economic."

The analysis added that "supply and demand were the most influential, as the patterns of exchange rate changes differed according to the months of the year as a result of internal and external factors, such as the timing of the launch of the general budget and official holidays in major countries exporting goods to Iraq, such as China and Iran."

He pointed out that "by analyzing the exchange rate data in the parallel market from 2005 to 2024, there appears to be a recurring pattern that reflects the dinar's value being affected by specific months more than others."

According to the institution, “December was the month with the most frequent increase in the value of the dinar, as it witnessed a decline in 13 years out of 21 years, followed by: August and June with increases in the value of the dinar against the dollar in 11 years, then April 10 times, while October and November witnessed an increase 9 times, and March 8 times.”

May was the month with the least frequent decline in the value of the dinar, as its value rose only 4 times during the period studied, which gives a semi-impression that the prices of the dinar against the dollar rise in the months of February, March and April, then decline again against the dollar in May as a result of the strong return of demand in May.

The institution warned in its analysis that "despite this clear seasonal impact on the exchange rate, there are other factors that cannot be ignored, such as the levels of dollar sales by the Central Bank of Iraq, which directly affect the size of the money supply in the market, as well as political and financial factors such as the timing of the release of general budget funds, in addition to geopolitical situations that may cause sudden disturbances in the demand for foreign currency."

The analysis concluded that “the seasonal effect remains one of the main elements in determining the exchange rate trends in Iraq, as a recurring pattern appears at the end of the year and the beginning of the fiscal year, in addition to being affected by official holiday periods in countries exporting goods to Iraq. However, other factors, such as monetary policies and political and economic developments, remain a direct influence on the parallel market, which makes it necessary to monitor all these variables to understand exchange rate changes more accurately.”  LINK

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Frank26:  "DIGITAL CURRENCY IS SAFER THAN PAPER... SECURITY & STABILITY!!!"........F26

"From Safe Internet to Smart Systems" Iraq Enters the Digital Revolution Era with Steady Steps

2/28/2025

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that Iraq is moving steadily towards achieving a major digital renaissance, based on a set of foundations that support this trend. 

Saleh explained to {Euphrates News} agency, "The most prominent of these foundations is the progress achieved in two types of infrastructure."

He explained that "the first category is represented by the advanced technological infrastructure, whether through secure and strong internet networks or digital payment systems that work effectively and efficiently in parallel with each other."

Saleh continued, "As for the other category, it is the advanced legal infrastructure that provides protection for the rights of users, operators, and the public right against electronic and financial crimes arising from the digital transformation."

He pointed out "the importance of having the ability to keep pace with the developments of digital technology in the virtual world on an ongoing basis," indicating that "the advisory team in the General Secretariat and all relevant Iraqi state institutions are keen to achieve this to ensure that Iraq enters the new digital age."

 Raghad   LINK

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Frank26:  "APIKUR WANTS TO GET PAID...BECAUSE THEY TOO WAIT FOR THE NEW EXCHANGE RATE."....F26 

'IOCs Demand Written Agreements, Payment Surety', APIKUR Spokesperson

3/1/2025   ERBIL –

As discussions continue over the resumption of oil exports from the Kurdistan Region, Colonel Myles B. Caggins III, spokesperson for the Association of the Petroleum Industry of Kurdistan (APIKUR), has emphasized the necessity of formal agreements before any further steps are taken.

Speaking exclusively to Kurdistan 24, Caggins laid out APIKUR’s conditions, stressing that without clear, binding agreements, international oil companies (IOCs) will not proceed with production and exports.

APIKUR’s Stance on Oil Exports

Caggins explained that APIKUR, which represents eight companies operating in the Kurdistan Region, collectively produces over 60% of the region’s oil.

He clarified that while APIKUR welcomes the Iraqi Oil Minister’s statement regarding the resumption of oil exports, the reality is that no formal agreements are currently in place. According to him, the lack of written contracts is a fundamental obstacle preventing exports from moving forward.

“We need agreements in writing. These are called sales agreements and lifting agreements. Our companies need to know that when they produce oil, they will get payment and the path for payment,” Caggins stated.

He emphasized that across the global oil industry, including in federal Iraq, such agreements are standard practice, ensuring both producers and buyers have a clear understanding of their obligations. Without these legal documents, APIKUR companies remain hesitant to restart production.

Caggins illustrated the issue with a simple analogy: “I was at a restaurant in Zakho a couple of days ago, and I had breakfast. The restaurant owner understood that if he gave me chai, I was going to pay him in Iraqi dinar. It’s the same concept. If our companies are producing oil, they need to know how and when they will get paid.”

Aligning Payments with the Iraqi Budget Law

Another major concern raised by APIKUR is ensuring that payments to oil companies align with the Iraqi Budget Law.

Under the current arrangement, the Iraqi central government provides payments to the KRG based on total oil production in the Kurdistan Region. These funds are then allocated among oil companies based on production volumes.

Caggins highlighted the importance of ensuring that APIKUR companies receive payments consistent with their contracts with the KRG and in accordance with Iraq’s budget law.

He further stressed that the Iraqi Prime Minister has publicly expressed the need to resume oil exports for the benefit of all Iraqis.

The U.S. government, including Secretary of State Marco Rubio, has also voiced support for the continuation of Kurdistan’s oil exports, recognizing the economic benefits it brings to Iraq as a whole.

Caggins emphasized that honoring contracts with oil companies would enhance Iraq’s attractiveness to foreign investors across multiple industries.

Addressing Outstanding Payments and Future Export Volumes

Before resuming exports, APIKUR insists that there must be a structured plan to address outstanding payments. Caggins revealed that international oil companies operating in Kurdistan were not paid for the oil they produced between October 2022 and March 2023, resulting in over one billion dollars in arrears.

He stressed that before production resumes, there must be a written plan outlining how these arrears will be repaid.

“We just need to know that there is a plan in writing for us to get the money. That plan needs to be written on paper and agreed to for how the companies will get repaid and when they will get repaid,” he said, acknowledging that different companies may have their own individual decisions to make but stressing the need for a clear financial roadmap.

Furthermore, APIKUR seeks assurances regarding future oil export volumes. Decisions about how much oil will be exported and at what rates must also be specified in formal agreements.

“You see, it all comes back to these written agreements,” Caggins reiterated. “We cannot do business based on press statements and tweets. We need agreements on paper.”

As Baghdad and Erbil continue negotiations on the future of Kurdistan’s oil sector, APIKUR remains firm in its position that transparency and contractual certainty are non-negotiable.

With ongoing discussions between the KRG, Baghdad, and international stakeholders, the coming weeks will be crucial in determining whether an agreement can be reached that satisfies all parties.

Caggins concluded by reaffirming APIKUR’s commitment to its investments in Kurdistan and willingness to cooperate in securing a sustainable future for oil production in the region.

However, he made it clear that without written agreements, the resumption of Kurdistan’s oil exports remains uncertain.  LINK

 

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Something Unprecedented is Happening with Gold—A Gold Monetary Reset is Happening Now

Something Unprecedented is Happening with Gold—A Gold Monetary Reset is Happening Now

Awake-In-3D  February 28, 2025

Gold is reclaiming its role in the financial system, signaling a shift we haven’t seen in over five decades.

A Monetary Shift Unlike Any Other

For the first time since 1971, gold is no longer just a hedge against inflation—it is at the center of a financial shift that could redefine the global monetary system. The world has relied on a debt-driven economy for decades, but cracks are beginning to show. Now, a gold monetary reset is unfolding, and the implications could be historic.

What’s driving this transformation, and what does it mean for the future of money? The answers lie in a

Something Unprecedented is Happening with Gold—A Gold Monetary Reset is Happening Now

Awake-In-3D  February 28, 2025

Gold is reclaiming its role in the financial system, signaling a shift we haven’t seen in over five decades.

A Monetary Shift Unlike Any Other

For the first time since 1971, gold is no longer just a hedge against inflation—it is at the center of a financial shift that could redefine the global monetary system. The world has relied on a debt-driven economy for decades, but cracks are beginning to show. Now, a gold monetary reset is unfolding, and the implications could be historic.

What’s driving this transformation, and what does it mean for the future of money? The answers lie in a series of economic and geopolitical moves that are reshaping the role of gold in ways we haven’t seen in over 50 years.

Text links highlighted in blue are informative things I read. You should too! 

The 1971 Shock: The Last Time Gold Threatened the System

To understand why gold is now at the forefront of a potential monetary reset, we must look back to August 15, 1971, when President Richard Nixon suspended the dollar’s convertibility into gold.

  • Up until then, foreign governments could redeem U.S. dollars for gold at $35 per ounce.

  • But rising U.S. debt, inflation, and excessive money printing made this system unsustainable.

  • When France and other nations began demanding gold for their dollars, Nixon abruptly closed the gold window, effectively defaulting on the U.S.’s gold obligations.

Since that moment, the world has relied on a purely debt-based monetary system—one that has allowed governments to print unlimited money but is now reaching its breaking point.

The question is: What happens when the system can no longer sustain itself?

The Global Gold Puzzle: Why These Reserves Matter Now More Than Ever

For decades, the U.S. has claimed to hold 8,133 metric tons of gold—more than any other nation. Yet where this gold is actually stored is often overlooked:

  • Fort Knox: Allegedly holds 4,581 metric tons (~56% of total U.S. reserves). This is the site most people associate with U.S. gold holdings, but it has not undergone a full audit in over 40 years.

  • New York Federal Reserve: Stores roughly 6,190 metric tons of gold—more gold than Fort Knox—but most of this belongs to foreign governments, central banks, and international organizations rather than the U.S. Treasury.

Despite the New York Fed housing more gold than Fort Knox, its role in U.S. gold policy is rarely discussed. Some reports indicate that much of this gold is leased, swapped, or rehypothecated, meaning multiple parties hold claims on the same gold.

Why does this matter now? Because if the world begins to doubt the existence or accessibility of U.S. gold, confidence in the dollar’s credibility could erode rapidly—accelerating a shift away from the fiat-based system.

The Shocking Gold Disconnect: Markets Are Ignoring the Obvious

The financial world continues to ignore gold’s increasing significance. Consider this:

  • Central banks globally hold $3 trillion worth of gold, yet Microsoft alone has a market capitalization of $3 trillion.

  • The gold price (currently ranging between 42,850 and 42,950 per ounce over the past week) has failed to reflect its historical role in economic stability, despite rising debt and inflation.

  • The U.S. national debt now exceeds $36 trillion, making it mathematically impossible to repay without massive inflation or a currency reset.

This massive disconnect between gold and financial assets suggests that gold remains artificially suppressed—but history shows that suppression never lasts forever. When it breaks, it does so violently and suddenly.

The Acceleration Phase: Why This Gold Monetary Reset Will Be Unlike Any Other

For decades, gold has been dismissed as a relic of the past. But now, central banks are buying at record levels, signaling that something big is coming:

  • 2022-2023: Central banks purchased more gold than at any time in history, even surpassing the Bretton Woods era.

  • The gold-silver ratio is 91:1, meaning silver is historically undervalued and could move 2-3 times faster than gold in an upcoming rally.

  • Interest rates are rising, making debt-based assets less attractive, while gold, which has no counterparty risk, is becoming more desirable.

Unlike previous gold bull markets, this one stems from structural cracks in the global financial system—not just investor speculation.

The Endgame: Is a Global Gold Monetary Reset Already Underway?

What if the real story isn’t about gold’s price, but rather its return to monetary dominance? There are growing signs that a new gold-backed system is being quietly prepared:

  • BRICS nations are increasing gold reserves, with China’s gold purchases accelerating significantly.

  • The IMF has hinted at a new global reserve currency based on a basket of assets and gold. The IMF currently holds over 2,800 metric tons of gold! Did you know that? I didn’t…

  • U.S. Treasury bonds are losing their global appeal, leading to speculation that a gold-backed alternative may emerge.

We may be witnessing the beginning of a financial transition where gold regains its place as a global standard.

The Gold Monetary Reset Reckoning Has Arrived

For the first time since 1971, gold is being forced back into the spotlight—not by choice, but by necessity. The world’s debt-driven system is crumbling under its own weight, and history suggests that when fiat money loses trust, gold becomes the default solution.

This isn’t just another gold rally. This is the beginning of a structural shift—a move toward a gold monetary reset where gold plays a defining role.

The question is no longer if gold will reassert itself, but when—and whether you’ll be prepared when it does.

=======================================

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

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Iraq Economic News and Points to Ponder Saturday Afternoon 2-28-25

An Analysis Explains In Detail The Reasons For The Fluctuations Of The Iraqi Dinar Exchange Rate Against The Dollar In 21 Years

Economy Iraq Breaking Dollar Fluctuations Dinar prices 2025-02-28 01:04 Shafaq News/ The "Iraq Future" Foundation for Economic Studies and Consultations attributed, on Friday, the reasons for the fluctuations of the dinar exchange rate against the US dollar in the parallel market over more than two decades in the country to internal and external factors.

This came according to an analysis issued by the Foundation in which these fluctuations explained from 2005 until 2024.

An Analysis Explains In Detail The Reasons For The Fluctuations Of The Iraqi Dinar Exchange Rate Against The Dollar In 21 Years
 
Economy     Iraq     Breaking     Dollar     Fluctuations     Dinar prices  2025-02-28 01:04   Shafaq News/ The "Iraq FutureFoundation for Economic Studies and Consultations   attributed, on Friday, the reasons for the fluctuations of the dinar exchange rate against the US dollar in the parallel market over more than two decades in the country to internal and external factors.
 
This came according to an analysis issued by the Foundation in which these fluctuations explained from 2005 until 2024.

In its analysis, the Foundation stated that 
"the Iraqi dinar exchange rate against the US dollar in the parallel market witnessed noticeable fluctuations over the past 21 years, as it was affected by a group of factors that ranged between 

     politics, 
     legislative and 
     economic." 

However, the analysis added that "the supply and demand were the most influential, as the 
patterns of changing the exchange rate differed according to the months of the year as a result of internal and external factors, such as the 

     timing of the public budget launch and 
     official holidays in major countries exporting goods to Iraq, such as China and Iran."

He pointed out that  "by analyzing the exchange rate data in the parallel market from 2005 to the year 2024,  it appears almost a repeated format that reflects the impact of the value of the dinar in more months than others." According to the Foundation,
 
"The month of December was the most frequent in the high value of the dinar, as it witnessed a decline in 13 years out of 21 years, followed by: August and June, with heights in the value of the dinar against the dollar in 11 years, then April 10 times, while the month of October and November had witnessed an increase in 9 times, and March 8 times."
 
The month of May was the least repeated in the decline in the value of the dinar, as
 
its value increased only 4 times throughout the studied period, which gives almost the impression that the dinar prices against the dollar rise in February, Azar and Nissan, then the decrease against the dollar in May as a result of the return of the demand strongly in May.

In its analysis, the Foundation warned that
 
"despite this clear seasonal effect on the exchange rate, 

there are other factors that cannot be ignored, such as the levels of the dollar selling by the Central Bank of Iraq that directly affect the size of the cash supply in the market, as well as 

     political and financial factors such as the timing of the public budget funds, as well as the 

     geopolitical conditions that may cause sudden disturbances in the demand for foreign currency." The analysis concluded that "the effect of the

 seasons of the year remains one of the main elements in determining the trends of the exchange rate in Iraq, where
 
a frequent pattern appears at the end of the year and the beginning of the fiscal year, in addition to its influence on the official holidays in the countries exporting goods to Iraq,
 
but other factors, such as 
     monetary policies and 
     political and economic developments

remain a direct impact on the parallel market,  which makes it necessary to monitor all these variables to understand the exchange rate changes with more accurately." 
  
https://www.shafaq.com/ar/اقتصـاد/تحليل-يشرح-سباب-تقلبات-سعر-صرف-الدينار-العراقي-مام-الدولار-خلال-21-عاما 

Al-Alaq: Iraq Has Become One Of The Best Countries In The World In Controlling The Sale Of The Dollar

Banks  Economy News – Baghdad  The Governor of the Central Bank, Ali Al-Alaq, confirmed on Saturday that Iraq has become one of the best countries in the world in controlling the sale of the dollar.

Al-Alaq said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "Iraq has today become one of the best countries in the world in controlling the sale of the dollar, as this process is carried out with transparency and accuracy, and through it the citizen verifies his documents and his departure from the country," explaining that "this mechanism is the most disciplined, transparent and controlled in the world, as indicated by international experts."

Al-Alaq noted that "false news and media distortion may harm the interests of Iraq and the banking sector," stressing the importance of being proud of the major developments that Iraq is witnessing.

He pointed out that "the government and the Central Bank are working hard to establish sound practices that are compatible with international standards," calling for "the need to highlight these achievements in the media."

He pointed out that "highlighting these transformations and developments helps enhance international confidence in the Iraqi banking sector, which is vital to the continued development of the financial system in Iraq."   https://economy-news.net/content.php?id=53062

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

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Seeds of Wisdom RV and Economic Updates Saturday Afternoon 3-01-25

Good afternoon Dinar Recaps,

RUSSIA WANTS TO REVERSE DE-DOLLARIZATION: WHAT IT MEANS FOR THE US DOLLAR?

The US dollar has always been surrounded by serious foes and enemies, the ones that want to derail its reserve currency status.

To expedite the de-dollarization concept, Russia and China have always been quite vocal about their ideas, adding how they both want to derail the US dollar hegemony by putting forth the idea of the multi-polar currency world.

Good afternoon Dinar Recaps,

RUSSIA WANTS TO REVERSE DE-DOLLARIZATION: WHAT IT MEANS FOR THE US DOLLAR?

The US dollar has always been surrounded by serious foes and enemies, the ones that want to derail its reserve currency status.

To expedite the de-dollarization concept, Russia and China have always been quite vocal about their ideas, adding how they both want to derail the US dollar hegemony by putting forth the idea of the multi-polar currency world.

This roughly sparked the promotion of local currencies on an international scale, jeopardizing the dollar’s supremacy. With the US and EU sanctioning Russia and expelling it out of the SWIFT system, Russia opted for yuan, all while promoting the narrative of de-dollarization at a rapid pace.

But now it seems that things have started to take an interesting turn, with Russia showing a softening stance against the US. What is this all about? Let’s find out.

Tables Turning Around: Trump Supporting Russia

With Donald Trump assuming the role of the US president, his ideas of bolstering the US economy via tariffs have been gaining widespread momentum. Apart from that, another significant development that has caught the world’s attention is Trump’s increased effort to conclude the ongoing Ukraine-Russia war

The US president has often been noted stating the gruesome repercussions of the ongoing Russia-Ukraine war, adding that Zelensky should have made a deal to end the war earlier, showing a supportive stance towards Russia.

“I hear that they’re upset about not having a seat. Well, they’ve had a seat for three years and a long time before that. This could have been settled very easily… Russia wants to do something. They want to stop the savage barbarism.”

"You should have never started it. You could have made a deal…I could have made a deal for Ukraine… That would have given them almost all of the land, everything. Almost all of the land—and no people would have been killed, and no city would have been demolished.”

Trump earlier shared how he has the power to end the war.

“I think I have the power to end this war,” he added.

De-Dollarization To End: Russia Praises Trump

On the other hand, Russian PM Vladimir Putin has notably praised Trump’s effort to resolve the ongoing Russia-Ukraine war.

“Let me note that the first contacts with the American administration instill hope. They too are willing to work towards resuming our ties, solving a colossal amount of strategic problems in world architecture.

In addition to this, Putin also acknowledged how certain external forces are trying to disrupt the budding Russian-US sense of friendship and commitment.

“I understand that not everybody is pleased with the resumption of Russian-American contacts. Some of the forces are interested in keeping hostilities, and they will try to disrupt the emerging dialogue. We will need to use all the possibilities of diplomacy and special forces to firmly defend our national interests.”

With such developments taking place, the Russia-US fostering relationship could ultimately result in a lasting resolution thwarting BRICS efforts of derailing the US dollar. This development can ultimately put a stop to the rising de-dollarization concepts and ideations.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

RUSSIA DELAYS DIGITAL RUBLE CBDC ROLLOUT

A year ago, the Bank of Russia set July 2025 as the date for the first launch phase of its digital ruble central bank digital currency (CBDC). Now the central bank is delaying the roll out. It follows resistance from merchants, a major banking association, and its largest bank, Sber.

The big bank was excluded from the first wave of banks involved in the pilot, so it only joined this January, a year later than planned. Perhaps its inclusion was delayed to avoid it dominating trials, but that’s speculation. The reality is that six months from the first pilot to launch is rather short for a bank.

Central Bank Governor Elvira Nabiullina announced the delay at a meeting with the Association of Russian Banks (ASROS). However, she said that the pilots are progressing well.

“Our intention is to move on to the mass implementation of the digital ruble somewhat later than originally planned, namely after we have worked out all the details in the pilot and held consultations with banks on the economic model that is most attractive to their clients – for businesses, for people,” the Governor said, as reported by the Association.

The central bank first shared details about the planned business model late last year.

A new schedule has not yet been set, and the central bank did not mention the delay on its website. However, the launch postponement was also reported by the Interfax news agency.

Digital ruble: addressing bank concerns

When banks raised their concerns in the State Duma in December, they highlighted several issues. The main ones were worries about deposit outflows and the costs of implementation.

On the first point, from the start the central bank has appeared unconcerned about this impact. This may be partly because it plans a three phase rollout. Initially larger banks and merchants will join, followed by other banks and mid-sized merchants. The final phase will require non bank providers and all merchants to participate, but that will be two years later.

Regarding the expense, the banking association estimated the cost to a bank could be up to Rubles 100 million ($1.1m). The central bank says it will provide some technical elements to banks free of charge, to help smaller banks.

“For those components that are mandatory from the point of view of information security, we (will) provide these solutions to banks free of charge. This software module for embedding is created and transferred to organizations, and in three different forms, so that banks can choose the most optimal one for their landscape,” said Deputy Governor of the Bank of Russia, Zulfiya Kakhrumanova.

“We provide free cryptographic information protection tools for subordinate certification centers that are deployed by banks, and this is also a significant cost aspect for banks,” she added, according to Interfax.

@ Newshounds News™

Source:  Ledger Insights

~~~~~~~~~

ARIZONA APPROVES BITCOIN RESERVES, BUT WYOMING AND MONTANA ARE SAYING NO – HERE’S WHY

Arizona advances crypto legislation - two bills, one establishing a digital asset reserve and another focused on Bitcoin investment

▪While Arizona embraces crypto reserves, other states like Wyoming and Montana reject them due to volatility concerns.

▪Bitcoin's recent price drop fuels skepticism, while predictions suggest federal crypto legislation is forthcoming.


Arizona is pushing ahead with cryptocurrency investment as two Bitcoin reserve bills have passed the Senate, setting the stage for final approval in the state’s House of Representatives.

While states like Wyoming and Montana are rejecting similar measures over concerns about crypto’s volatility, Arizona is doubling down on digital assets.

If these bills pass in the state’s House of Representatives, Arizona could become one of the first states to officially hold Bitcoin in its reserves
.

Senate Approves Bitcoin Reserve Bills

On Feb. 27, the Arizona Senate approved the Strategic Digital Assets Reserve bill (SB 1373) in a 17-12 vote, sending it to the House for final approval. Sponsored by Republican Senator Mark Finchem, the bill aims to create a Digital Assets Strategic Reserve Fund, which will be managed by the state treasurer. The fund will include legislative appropriations and crypto assets seized by the state.

To limit risk, the treasurer would be allowed to invest no more than 10% of total fund deposits per fiscal year. However, the state could loan out digital assets to generate returns as long as it doesn’t add financial risk.


Another Bill Aims to Allow Bitcoin Investments

A second Bitcoin-related bill is also moving forward. The Strategic Bitcoin Reserve Act (SB 1025), co-sponsored by Republican Senator Wendy Rogers and Representative Jeff Weninger, passed the Senate with a 17-11 vote.

Unlike Finchem’s bill, which focuses on managing seized crypto assets, SB 1025 allows the state to invest public funds directly into Bitcoin and other cryptocurrencies. This signals Arizona’s growing commitment to incorporating digital assets into its financial strategy.

Crypto Legislation Gaining Momentum Nationwide


Dennis Porter, founder of Satoshi Action Fund, believes federal regulation of cryptocurrencies is inevitable. He predicts lawmakers will first regulate stablecoins, followed by broader market structure rules, and eventually, Bitcoin reserves.

While Arizona and Utah are leading the push for crypto reserves, 18 other states are still waiting for approval. However, not all states are on board—Montana, Wyoming, and others have rejected similar plans, calling Bitcoin too risky.

Trump Weighs Heavy on the Markets


Despite increasing political support for crypto, Bitcoin’s price has taken a hit. The asset dropped below $80K, and analysts fear it could fall further to $70K–$75K. Bitcoin is down 17% this week, with Trump’s tariff policies adding to market uncertainty.

Amid the panic, Michael Saylor jokingly told investors to “sell a kidney if you must, but keep the Bitcoin.” While Saylor continues to advocate for a U.S. Bitcoin reserve, the recent price drop has given skeptics more reason to doubt Bitcoin’s long-term stability.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

BITCOIN NOT FIT FOR SWISS NATIONAL BANK RESERVES, SAYS PRESIDENT

The Swiss National Bank president dismissed the idea of holding Bitcoin in reserves due to volatility, liquidity concerns, and security risks.

▪The SNB views cryptocurrencies as a small, volatile "niche phenomenon" unsuitable for central bank reserves.

▪A Swiss initiative is pushing for a public vote to mandate the SNB to include Bitcoin in its reserves.

The Swiss National Bank (SNB) has made its stance on Bitcoin crystal clear—it’s not interested. Despite growing global adoption and a push from Swiss crypto advocates, SNB President Martin Schlegel has firmly rejected the idea of adding Bitcoin to the bank’s reserves.

In a recent interview, he explained why digital assets don’t make the cut, pointing to volatility, liquidity concerns, and security risks.

@ Newshounds News™

Read more:  Coinpedia

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

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MarkZ, Chats and Rumors Dinar Recaps 20 MarkZ, Chats and Rumors Dinar Recaps 20

Weekend Coffee with MarkZ. 03/01/2025

Weekend Coffee with MarkZ. 03/01/2025

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member:  Good Morning….It is Saturday and we shall see what the weekend brings…

MZ:  We start with Matt and Lucas at CBD Guru’sfor the first 45 minutes before the news.

Weekend Coffee with MarkZ. 03/01/2025

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member:  Good Morning….It is Saturday and we shall see what the weekend brings…

MZ:  We start with Matt and Lucas at CBD Guru’sfor the first 45 minutes before the news.

Member: March 1, another month bites the dust. Now, the Ramadan is on for the next 30 days...but, I'm remaining hopeful ...April, May is certainly looking awesome...

Member: With bond people staring to get paid- Does that mean we have a new rate?

MZ: Bond people possibly starting  getting paid has nothing to do with the rate we will get on currency. They are two separate gigs. But if they are starting to receive dollars-it  very much tells us it is soon. Do we know when? No we do not. Not yet.

Member: Mike Bara says a currency holder has an apt early next week

Member: Wer’nt bonds supposed to be paid out in fiat?

MZ: yes they were…at least the first payments were supposed to be in fiat. Before it transitions.

Member: So do bond people actually have funds now?

MZ: Some of the bond facilitators have gotten spendable dollars….The bond side is pretty quiet this morning ..Groups are working but no updates from them.

MZ: My wealth management/redemptions contacts are working today…I hope to get an update today on what they are working on. Is it wealth management related or exchange related?

Member: One of our listeners stated that Wells Fargo called him and stated that they will be open tomorrow..

MZ: In Iraq: “PKK declares cease-fire with Turkey after more than 40 years of conflict”  Kurdish militants have declared a cease-fire with Turkey. It is time to lay down arms and have peace.

MZ: “After Ocalan’s announcement to lay down arms: Parliamentary moves to end Turkish presence in Iraq” Peace is breaking out in the middle east.

MZ: “Sudanese advisor: Digital currency will reduce money printing and fight money laundering”  they will slowly over time transition out the cash.  They have an I-dinar which is an asset backed dinar which is a combination of gold, oil and a basket of currencies.  This I-dinar also backs whatever cash they have in the country. This is very different from CBDC’s that are backed by nothing.

Member: Mark did Iraq ever revalue their currency before or will this be the first time?

MZ: Iraq has revalued its currency 4 times in the last 120 years. There is a lot of historic precedence for this. I beleive it was in the 1970’s that we last saw Iraq RV a major move “up”

Member: I wonder- is fed-now going to be our digital gold backed currency ??? or XRP ???

Member: I truly believe we are in very close proximity of this happening

Member: Seems that Tuesday in Iraq with the Oil meetings might bear fruit. So much is pointing to March 4th... 3/4... 34... Double 17... I hope I'm right with my suspicion

Member: Keep your eyes and ears open this weekend everyone... Very well could get notifications since we know that Bara shared that his bond guy was scheduled for Currency appointment "Early Next Week"

Member: I am always hopeful for Saturday nights…best time to reset currencies……maybe this is the one we are waiting for?

Member: Enjoy your weekend everyone…..nothing, nothing, nothing…SUDDENLY

Mod: SEE YALL MONDAY MORNING. 10AM EST

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

Kick:  https://kick.com/theoriginalmarkz

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!

Youtube:     https://www.youtube.com/watch?v=zS8s9sTAkfA

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Saturday 3-1-2025

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

RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 1 March 2025

Compiled Sat. 1 March 2025 12:01 am EST by Judy Byington

THE SYSTEM OF CONTROL IS BEING OBLITERATED

DEBT FORGIVENESS IS UNDERWAY: Illegitimate loans, mortgages, and credit card debts are (allegedly) being wiped clean. The fraudulent banking system is (allegedly) over.

THE FEDERAL RESERVE IS COLLAPSING: The private banking cartel that controlled America since 1913 is being (allegedly) absorbed into the U.S. Treasury.

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

RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 1 March 2025

Compiled Sat. 1 March 2025 12:01 am EST by Judy Byington

THE SYSTEM OF CONTROL IS BEING OBLITERATED

DEBT FORGIVENESS IS UNDERWAY: Illegitimate loans, mortgages, and credit card debts are (allegedly) being wiped clean. The fraudulent banking system is (allegedly) over.

THE FEDERAL RESERVE IS COLLAPSING: The private banking cartel that controlled America since 1913 is being (allegedly) absorbed into the U.S. Treasury.

TRILLIONS IN STOLEN WEALTH SEIZED: Offshore accounts, hidden trusts, and gold reserves are being (allegedly) taken from the Deepstate and returned to the people.

THE IRS IS BEING ABOLISHED: The corrupt tax system that drained Americans for decades is finished. A new, fair tax system is (allegedly) being introduced.

GOLD-BACKED CURRENCY IS COMING: The fiat dollar is (allegedly) dead. The new U.S. Treasury-backed currency will restore economic stability and transparency.

THE QUANTUM FINANCIAL SYSTEM (QFS) IS ONLINE: A new, unhackable, transparent financial system is in place, ensuring no more manipulation by elites.

THE DEEPSTATE IS IN PANIC MODE: Their last moves are exposed:

They are (allegedly) trying to crash the markets—but Trump’s team anticipated it.

They are (allegedly) funding cyberattacks on QFS—but the system is unbreakable.

The Deepstate is(allegedly)  out of time. GESARA is about to be (allegedly) fully unleashed.

~~~~~~~~~~~~

Fri. 28 Feb. 2025 QFS Information Center: The Quantum Financial System EXPOSED! Tier 4B, Currency Revaluation & NESARA/GESARA Payments – The Moment Has Arrived! …John F. Kennedy on Telegram

The Quantum Financial System (QFS) is HERE—and the elites are panicking. A total shift from FIAT to asset-backed currency is unfolding before our eyes. The old system of debt slavery, controlled by central banks, is collapsing. If you’re not paying attention, you’ll be left behind.

Tier 4B: The Internet Group Revelation: For those who have studied the signs, the term Tier 4B is no mystery. This is the moment we’ve been waiting for. If you’ve acquired foreign currencies—like Iraqi Dinar, Vietnamese Dong, or Zimbabwe Zim—anticipating revaluation, you may be on the list for redemption. But there’s disinformation everywhere—and that’s by design. The deepstate does NOT want you to know this is happening.

The Financial War—QFS vs. The Old System: The elites have ruled through FIAT currency, creating endless debt and inflation. But the Quantum Financial System is (allegedly) designed to END their control. Once activated, QFS ensures every transaction is fully traceable, hack-proof, and immune to manipulation. This is why central banks are scrambling—they CANNOT reconcile their old money into QFS. Their time is OVER.

NESARA/GESARA: The Hidden Wealth They Didn’t Want You to Have: For years, the cabal hoarded wealth, using birth certificates, mortgages, and taxes to steal from YOU. NESARA/GESARA is about releasing TRILLIONS back to the people. It’s no coincidence that governments worldwide are suddenly talking about “restructuring debt”—they know the game is up. The people who are prepared will THRIVE. Those who remain ignorant will suffer.

Redemption Centers & The Last Chance for Action: If you hold foreign currencies, you may be called to Redemption Centers to exchange them at new rates. This will not be publicly advertised—it’s a controlled process. But once the masses realize what’s happening, chaos will (allegedly) erupt.

ARE YOU READY? The storm is here. The global financial war is peaking. Do not be fooled. Stay vigilant. The window for action is closing FAST. Prepare now—or regret it forever!

Read full post here:  https://dinarchronicles.com/2025/03/01/restored-republic-via-a-gcr-update-as-of-march-1-2025/

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

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

Frank26  These last 20 years...the flow of oil...was paid in American dollars...now the oil that's flowing is being paid in Iraqi dinars...

Frank26  Article: "Confirming Shafaq News.. Trump is heading to impose sanctions on Iraqi groupsNotice that you didn't say Iraqi banks no no no.  Is he going to put sanctions on Iraqi governmentNo. No. No. Is he going to put sanctions on the CBI?  No. No. no.   Who's he putting sanctions on?  Iraqi groups, Framework...Maliki's militia...Iranian politicians in parliament...

Militia Man  Article quote: "Trade culture economic exchange with neighboring sisterly and friendly countries is the most important element in building civilization and raising the value of natural resources....If they raise the value of their currency to their assets...That's huge.   The valuation of that is going to be key...In other words what they're going to do is raise the value of their dinar because that's what they're going to be doing trade in...In my view they're not going to be doing this at 1310 exchange rate.  I don't believe that at all...To me it means raising the value of their currency...

Now we talking Iqd exchange rate 21 years long time time to changed back to its original

Nader:  3-1-2025

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

How to Tell if Your Iraqi Dinars are Real

Edu Matrix:  2-28-2025

This informative video shows you how to audit your IQD Banknotes and identify counterfeit notes. With reports of counterfeit currency circulating, it's essential to ensure your banknotes are genuine.

https://www.youtube.com/watch?v=Y399V3ntLzg

 

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News DINARRECAPS8 News DINARRECAPS8

Iraq Economic News and Points to Ponder Late Friday Evening 2-28-25

Kurdistan Banks Will Take Their Share Of Sanctions .. Economic Shows The Reasons
 
Economy ​ Yesterday, 12:40 |Baghdad today – Baghdad  Economic expert Hevidar Shaban, today, Thursday (27 February 2025), is the reasons for imposing US sanctions on a number of banks in the Kurdistan region.
 
Shaaban said in an interview with "Baghdad Today" that  "in the context  of coordination between  the US Treasury and the Central Bank of Iraq,  sanctions will be imposed on banks in the region, including joint banks in my accounting project for employees salaries in Kurdistan."

Kurdistan Banks Will Take Their Share Of Sanctions .. Economic Shows The Reasons
 
Economy ​ Yesterday, 12:40 |Baghdad today – Baghdad  Economic expert Hevidar Shaban, today, Thursday (27 February 2025), is the reasons for imposing US sanctions on a number of banks in the Kurdistan region.
 
Shaaban said in an interview with "Baghdad Today" that  "in the context  of coordination between  the US Treasury and the Central Bank of Iraq,  sanctions will be imposed on banks in the region, including joint banks in my accounting project for employees salaries in Kurdistan."

He added that "this process is to control the

     smuggling of currency in some banks in the region, control
     money laundering,
     illegal dealings, and the
     structural organization of banks."
 
Earlier this month, two informed sources reported that the
 
Central Bank of Iraq would prevent local banks from dealing with dollars.
 
"The Central Bank of Iraq will prevent 5 local banks from dealing with dollars in the US Treasury request." The two sources added,
 
"3 companies for payment services will be banned from dealing in dollars according to the US Treasury request," the two sources added. They pointed out,
 
"America has submitted its request due to
 
     severe cash violations and the
     smuggling of the dollar outside the country."    
  
https://baghdadtoday.news/268804-مصارف-كردستان-ستأخذ-نصيبها-من-العقوبات.-اقتصادي-يبين-الأسباب.html  

The Digital Currency To Be Launched In Iraq ... Between Economic Opportunities And Potential Risks
 
Economy ​ Yesterday, 16:12 |  Baghdad today – Baghdad  The specialist in the international economic affairs, Nawar Al -Saadi, revealed today, Thursday (27 February 2025), the importance of the Central Bank of Iraq to launch its own digital currency.
 
Al -Saadi told "Baghdad Today" that "economicallythis step carries great benefits,  
but at the same time it involves challenges and risks that must be dealt with with caution." He indicated,
 
"The importance of this step lies in several aspects, most notably that
 
     it provides a more efficient and transparent electronic payment method, which
     reduces dependence on paper criticism and
     limits the informal economy."

He continued,  "The digital currency of the central bank can contribute to
 
     reducing the costs of printing and
     managing the paper currency, and
     improving monitoring of cash flows, which contributes to
     fighting corruption and money laundering."

 He added, "Nevertheless, this step is not without risks, especially in light of the challenges facing the Iraqi financial system," noting that "the most prominent concerns, the possibility of using the digital currency in smuggling operations,  especially if there are no strict mechanisms to control digital transactions, and  Iraq is already suffering from challenges in controlling transfer of money through informal channels, and  any weakness in the management of the digital currency may lead to exploitation before Legal.

Al -Saadi also warned that  "there are risks related to cash stability, as  
the rapid shift to the digital currency may lead to pressure on the traditional banking system, 
especially if the banks are not technically and practically prepared for this change, moreover, 
any security or technical defect in the digital infrastructure may make the financial system more vulnerable to electronic or piracy attacks."
 
The specialist in the international economic affairs pointed out that 
"in order to ensure the success of this step,  it is necessary for the central bank to
 
     follow a deliberate policy to implement it gradually,
     with a clear legal framework to regulate the use of digital currency," stressing "the need to
 
     enhance the digital banking infrastructure and
     ensure the readiness of the financial system to accommodate this transformation without affecting economic stability, and
 
if this policy is applied with caution and transparency, the  
digital currency can form The Central Bank has an effective tool to
 
     enhance the Iraqi economy and
     push it towards more modernity and financial openness. "
 
The Governor of the Central Bank, Ali Al -Alaq, revealed earlier on Wednesday,  
the approach to the establishment of a bank digital currency, to replace paper currencies.
 
Al-Alaq said, in a speech during the Ninth Finance and Banking Conference and Exhibition, and followed by "Baghdad Today", that "the financial and banking system will witness fundamental transformations,
 
including the decline of paper currencies to be replaced by digital payments for central banks." He added that  "the central bank is moving to create a digital currency of its own,  
to gradually replace the paper process as it is taking place in some central banks in the world," noting that "we are seriously thinking about establishing a data center in Iraq, and the bank starts moving in this matter within the steps of digital transformation."  
  
https://baghdadtoday.news/268817-العملة-الرقمية-المزمع-اطلاقها-في-العراق.-بين-الفرص-الاقتصادية-والمخاطر-المحتملة.html 

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

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Saturday Morning 3-01-25

Good Morning Dinar Recaps,

CARDANO-XRP BRIDGE GOES LIVE – A GAME CHANGER FOR BOTH ECOSYSTEMS

Cardano and XRP Ledger now have a direct connection through the Wanchain bridge.

▪The linkup is a mutually beneficial one for native assets within both ecosystems.


Cardano (ADA) and the XRP Ledger (XRPL), two leading blockchains, have formed a coalition to strive for seamless interoperability. Both ecosystems have launched a new bridge, connecting ADA and XRP, the native coin operating on the XRPL.

Good Morning Dinar Recaps,

CARDANO-XRP BRIDGE GOES LIVE – A GAME CHANGER FOR BOTH ECOSYSTEMS

Cardano and XRP Ledger now have a direct connection through the Wanchain bridge.

▪The linkup is a mutually beneficial one for native assets within both ecosystems.


Cardano (ADA) and the XRP Ledger (XRPL), two leading blockchains, have formed a coalition to strive for seamless interoperability. Both ecosystems have launched a new bridge, connecting ADA and XRP, the native coin operating on the XRPL.

Cardano and XRPL Expand Interoperability With New Bridge

TapTools, a digital wallet tracking Cardano trading, brought the attention of the crypto community to the Cardano-XRP bridge. This bridge, which is now live, is facilitated by Wanchain, a decentralized blockchain interoperability solution.

As reported by TapTools, the Cardano-XRP bridge is designed to expand interoperability and liquidity between the two networks. This technical advancement marks a massive milestone for both blockchains, representing the first time they connect via a bridge.

Besides promoting interoperability and liquidity, the bridge will support DeFi adoption and enhance utility for both ADA and XRP.

Historically, both communities have different technological and market positioning. However, they can now leverage the new bridge to interact in unprecedented ways.

Users can utilize the bridge to transfer ADA onto the XRP Ledger and vice versa.

It will also increase the Total Value Locked (TVL) for users exploring Decentralized Finance (DeFi) opportunities on Cardano. This increased interoperability is crucial as the world moves swiftly toward widespread blockchain adoption.

Beyond these benefits, the bridge potentially paves the way for integrating Ripple’s stablecoin, RLUSD, as a bridged asset. It is important to note that the Cardano-XRP bridge operates without centralized control. This means users retain control over their assets without interference from a third party.

Meanwhile, Wanchain will help to preserve the underlying value of wrapped versions of XRP and ADA as they seamlessly interact with applications on the opposite chain. 

Wanchain uses a distributed key generation and secure multi-party computation (MPC) mechanism to ensure assets move safely across different blockchains.

Impact on ADA, XRP, and Broader Market

The Wanchain XRP/Cardano bridge will benefit Cardano and the XRP ecosystems in numerous waysFor Cardano, the bridge will help strengthen users’ appeal for the blockchain as more capital flows into ADA-based DeFi platforms. Our latest report covered that the XRPL Decentralized Exchange has surpassed $20 billion in liquidity, highlighting XRP’s expanding role in DeFi.

Also, thanks to this bridge, XRP users are encouraged to explore Cardano’s ecosystem more. This attention toward the network can lead to greater adoption of Cardano’s native smart contracts and Decentralized Applications (dApps).

Regarding XRP, the new bridge can unlock staking, borrowing, lending, and yield farming opportunities previously unavailable to XRP holders. The bridge can also elevate XRP’s role in multi-chain ecosystems, extending its potential beyond traditional payments and remittances.

For the broader market, the new bridge demonstrates that achieving a more interconnected blockchain environment is possible. It also demonstrates the growing importance of interoperability in the blockchain industry and ensures that cryptocurrencies are not isolated.

@ Newshounds News™

Source:  Crypto News Flash

~~~~~~~~~

BRICS CONFIRMS DEVELOPMENT OF NEW PAYMENT SYSTEMS IN 2025

Brazil, which chairs the upcoming BRICS summit in 2025 confirmed that they plan on the formation of new payment systems. Under the leadership of Brazilian President Luiz Lula da Silva, the alliance will discuss alternative payment options to the US dollar.

The BRICS Sherpas meeting will take the ideas forward and the upcoming 17th summit could see massive changes in the way the bloc operates and settles cross-border transactions.

The move could lead to a paradigm shift in global trade and tilt the financial powers from the West to the East. Developing countries are looking to cut ties with the US dollar and strengthen their local currencies in the forex markets.

The US dollar is in the crosshairs of a major shift that could pave the way for native currencies to take the driver’s seat of the financial markets.

BRICS: New Payment Systems in 2025 Could Be a Reality

Brazil’s President Luiz Lula da Silva made a strong statement saying that BRICS will continue advancing the de-dollarization agenda. The President also added that under their leadership, BRICS will work towards developing new payment systems as an alternative to the US dollar.

“Brazil is going during the period of its presidency to fully develop transparent and safe payment systems,” he said. 

The bloc will work towards launching safe payment systems to uplift their GDP and strengthen their native economies. The move will give a boost in the arm to their local currencies making businesses thrive.

The next BRICS summit is scheduled to be held in Brazil’s Rio De Janeiro on July 6th and 7th. All the nine member countries will meet at the summit and discuss policies and sign new trade deals. Details on the new payment systems could be revealed at the 17th summit in July this year.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Saturday Morning 3-1-2025

TNT:

Tishwash: Iraq among the best in the world in controlling the sale of the dollar

The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Saturday, that Iraq has become one of the best countries in the world in controlling the sale of the dollar.

Al-Alaq said in an interview with the official agency, followed by Iraq Observer, that “Iraq has today become one of the best countries in the world in controlling the sale of the dollar, as this process is carried out with transparency and accuracy, and through it the citizen verifies his documents and his departure from the country,” explaining that “this mechanism is the most disciplined, transparent and controlled in the world, as indicated by international experts.”

TNT:

Tishwash: Iraq among the best in the world in controlling the sale of the dollar

The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Saturday, that Iraq has become one of the best countries in the world in controlling the sale of the dollar.

Al-Alaq said in an interview with the official agency, followed by Iraq Observer, that “Iraq has today become one of the best countries in the world in controlling the sale of the dollar, as this process is carried out with transparency and accuracy, and through it the citizen verifies his documents and his departure from the country,” explaining that “this mechanism is the most disciplined, transparent and controlled in the world, as indicated by international experts.”

Al-Alaq added that “false news and media distortion may harm the interests of Iraq and the banking sector,” stressing the importance of being proud of the major developments witnessed by Iraq. He explained that “the government and the Central Bank are working hard to establish sound practices that are compatible with international standards,” calling for “the need to highlight these achievements in the media.”

He pointed out that “highlighting these transformations and developments helps enhance international confidence in the Iraqi banking sector, which is vital to continue developing the financial system in Iraq.” link

Tishwash:  Financial Advisor: Central Bank Digital Currency Will Boost Transparency, Improve National Payments 

The financial advisor to the Prime Minister, Mazhar Mohammed Saleh, explained today, Saturday, that issuing a digital currency for the Central Bank will be an important step towards enhancing transparency and achieving a qualitative leap in the national payments system. 

Saleh said in a statement to the official agency, followed by NRT Arabic, that "the Central Bank plans to issue a digital currency as a gradual alternative to paper currency," noting that this step will contribute to reducing cash leakage and lowering the costs of printing paper currency, in addition to reducing the circulation of money outside the banking system.

He added that the digital currency will allow tracking financial flows, improve control over capital and foreign transfers, support anti-money laundering efforts, and contribute to enhancing financial inclusion, especially for groups less integrated into the banking system.

Saleh explained that Iraq's transition to digital currency requires a strong technical infrastructure, including advanced internet networks and advanced cybersecurity systems to protect data and transactions.

Digital currencies will also support efforts to enhance economic and social integration through government use in collection operations and official transactions.  link

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Tishwash:  Federal Oil invites "APICOR" and Kurdistan Wealth to meet in Baghdad

The Federal Ministry of Oil has set next Tuesday as the date for a meeting with the Ministry of Natural Resources in the Kurdistan Region to discuss issues related to the concluded contracts and reach understandings that contribute to the development of oil fields, while an invitation was extended to foreign companies contracting with the Kurdistan Regional Government to develop the region’s fields.

The ministry stated in a statement, received by the Iraqi News Agency (INA) today, Saturday, that it "extended an invitation to international foreign companies under (APICOR) and contracted with the Kurdistan Regional Government to develop the region's fields."
 
The statement continued, "The ministry extended an invitation to the Ministry of Natural Resources in the region to attend in Baghdad next Tuesday for the purpose of discussing and debating issues related to the concluded contracts to reach understandings that contribute to developing the oil fields with the best international practices and in a manner that serves the national interest."  link

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Tishwash:  Reasons for stopping cash withdrawals outside Iraq by TBI

 Today , Friday (February 28, 2025), banking and financial affairs specialist Ahmed Abdul Rabbo revealed  the reasons for stopping cash withdrawals outside Iraq by the Trade Bank of Iraq.

“There is a strong possibility that the decision is related to combating currency smuggling, as the Central Bank of Iraq and financial institutions have previously taken similar measures to limit the exit of the dollar through unofficial means,” Abdul Rabbo told Baghdad Today.

He explained that “some parties were using electronic payment cards to withdraw cash from abroad with money purchased at the official exchange rate inside Iraq, then reselling it at higher prices in the parallel market, which constitutes a type of currency smuggling.”

He explained that "there is a strong possibility that the decision came in response to American pressures related to regulating dollar flows and preventing its smuggling to countries subject to American sanctions, such as Iran. Washington has imposed strict restrictions on Iraqi banks in recent periods, and asked the Central Bank of Iraq to take strict measures to control financial transfers, especially after detecting currency smuggling operations through the use of electronic payment cards."

He added that "the decision appears to have come as part of broader measures to control the banking sector and prevent the misuse of the dollar, and is an extension of previous measures imposed by the Central Bank, either in response to American pressure or as part of efforts to combat financial corruption and smuggling."

Yesterday, Wednesday, the Trade Bank of Iraq announced the suspension of cash withdrawals via ATMs outside Iraq.

The bank's media advisor, Aqil Al-Shuwaili, said in a brief statement, "Due to the risks resulting from the misuse of electronic cards (Visa and MasterCard), and to avoid these risks, cash withdrawals via ATM machines for these cards outside Iraq only have been stopped."

He added, "Cards can be used to pay through POS machines and online."  link

Mot:  . Gotcha! 

Mot: . Isn't This da Way it Always Works Out!! --- siiggghhhh

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MilitiaMan & Crew-Iraq Dinar News-Success-Electronic Money Transfers-Accelerated Pace-Future is Now-Forex Warning

MilitiaMan & Crew-Iraq Dinar News-Success-Electronic Money Transfers-Accelerated Pace-Future is Now-Forex Warning

2-28-2025

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-Success-Electronic Money Transfers-Accelerated Pace-Future is Now-Forex Warning

2-28-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=V1f2tCi1P9U

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Lawrence Lepard: The Big Print - Make the Money System Great Again

Lawrence Lepard: The Big Print - Make the Money System Great Again

Palisades Gold Radio:  2-28-2025

Tom welcomes back Lawrence Lepard from Equity Management Associates to discuss his new book, "The Big Print: What Happened to America and How Sound Money Will Fix It."

Lepard emphasized that the U.S. monetary system began deteriorating with Nixon's abandonment of the gold standard in 1971, leading to persistent inflation and debt accumulation.

He argued that sound money — gold, silver, and Bitcoin — is essential to fix these issues.

Lawrence Lepard: The Big Print - Make the Money System Great Again

Palisades Gold Radio:  2-28-2025

Tom welcomes back Lawrence Lepard from Equity Management Associates to discuss his new book, "The Big Print: What Happened to America and How Sound Money Will Fix It."

Lepard emphasized that the U.S. monetary system began deteriorating with Nixon's abandonment of the gold standard in 1971, leading to persistent inflation and debt accumulation.

He argued that sound money — gold, silver, and Bitcoin — is essential to fix these issues.

 Gold provides stability, while Bitcoin offers a digital solution to scarcity and divisibility, though it is still volatile.

The interview explored how inflation affects everyday life, with Lepard noting that the government's reported inflation rates often underestimate real costs.

He criticized the Federal Reserve for prioritizing debt servicing over economic fairness, leading to a cycle of printing money that disproportionately harms wage earners. Lepard also discussed the political challenges in transitioning to sound money, suggesting that widespread public awareness and grassroots support are needed to push for systemic change.

He warned against complacency, noting that the U.S. is on a trajectory toward a debt crisis unless decisive action is taken.

 The conversation concluded with Lepard encouraging listeners to engage with his book to better understand these issues and advocating for a future where sound money restores economic health and fairness.

 Time Stamp Reference

 0:00 - Introduction

0:40 - The Big Print

7:20 - Where It Went Wrong

10:00 - CPI Chart 1800-2005

12:00 - Inflation a Key Issue

 15:00 - The Wealth Gap

18:30 - Next Monetary Crisis

21:20 - A Moral Imperative

23:00 - Debt System Origin

 26:00 - Top Vs. Bottom Wealth

27:00 - Why All Fiats Fail

31:00 - Lies & Inflation Stats

34:50 - Deflation Boogeyman

38:00 - Solutions & Outcomes

 45:00 - Peg to Real Assets

48:45 - Bitcoin Advantages

52:20 - Resets & Reserve Currency

 56:30 - Book & Wrap Up

https://www.youtube.com/watch?v=Rs97B5wZH9s

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