
Coffee with MarkZ and Mr. Cottrell. 03/28/2025
Coffee with MarkZ and Mr. Cottrell. 03/28/2025
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 everyone! Welcome to another weekend
Member: So fellow RV’ers....Are we just about time to turn this page???
Coffee with MarkZ and Mr. Cottrell. 03/28/2025
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 everyone! Welcome to another weekend
Member: So fellow RV’ers....Are we just about time to turn this page???
Member: Any new bond updates or group information Mark?
MZ: I have had a number of bond contacts telling me this so now I feel comfortable saying it- that they heard all the bonds will be wrapped up sometime next week. This makes me believe that some have already been “wrapped up”
Member: Maybe 30% have been paid Mark? Maybe April 2 will truly be our liberation day. Praying.
Member: Rumor Confirmed that over these past weeks, memos have been constantly coming in, confirming the RV will be within days to weeks. Also he confirmed that he’s received confirmation on what currencies
MZ: “Senator Cruz introduces companion bill to prohibit the Fed from issuing a CBDC” One has already been introduced in congress and cruz is re-introducing a identical bill. There is now ne in the higher chambers and lower chambers and they are pushing for legislation to limit any potential for a Federal Reserve based CBDC.
Member: Has the rate come out in the Iraqi Gazette yet?
MZ: Not yet
MZ: A high level delegation from the US will be visiting Iraq soon. There are big conversations going on in Iraq. .
MZ: “Sudanese: US sanctions have contributed to reforming the banking system and the rise in the dollar returns to construction” it is more reliable now and international groups are coming to Iraq. Changes being done by Ernst and Young and Iraq fully controls their accounts in the US Federal Reserve and there is no American guardianship over them ! This is big
MZ: He stresses that the reform plan for Central Banks system will be launched at Eid Al Fitr at the end of today … and this plan is most important for the history of Iraq. I would think a new rate would also be important to the history of Iraq. A “Golden Age” if you will.
Member: Eid-Al-Fitr will be tomorrow or Sunday, depending on the moon sighting
Member: Eid Al Fitr is a time of celebration. So, it is a perfect time
Member: I hear the celebrations begin after Ramadan ends……
Member: Does anyone have some insight on what Liberation Day on April 2nd will bring us that Trump has talked about? (Praying it has something to do with the RV maybe?)
Member: I know it has something to do with tarrifs…….maybe taxes as well????
Member: if Tuesday is just the Irs gone. I'd take it
Member: I hear everything is done and we are waiting for US to do it…wish they would.
Member: Coincidence or Not? April 2nd is start of new quarter, XRP case dismissed, Ramadan is over, Trump Liberty speech, Wednesday is Iraq Gazette day?
Member: If we have foreign currency that is not in the first basket do we still take it in to our appointment?
Member: Just take everything…..currency doesn’t take up much room…it’s not heavy to carry
Member: Mississippi just announced the elimination of state income tax. Hope many more follow suit!
Member: Markz -can you solve the rumor of is there going to be an 800# or are we just going to be notified by email. Some are saying no 800#
Member: I was told there would be an 800 number in an email. Have to be able to call for appointments!! Its only common sense……there will probably be several different 800 type numbers depending on where you live. Each country should have their own.
Member: I wonder if we are waiting for the St. Germaine Trust to be opened around April 20?
Member: I asked Alexa if St. Germaine signs his own documents or is auto-pen used, she started swearing at me and then unplugged herself, I’m going to give her the weekend to cool off...lol
Member: Solar eclipse today! Lots of shifts are happening, it’s a good time for the RV
Member: Have a blessed and safe weekend everyone.
Member: Thanks Mark, Mr. C and mods…..Praying this will be the weekend we are waiting for.
Mr. Cottrell joins the stream today. Please listen to the replay for his information and opinions
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS! FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
News, Rumors and Opinions Friday 3-28-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 28 March 2025
Compiled Fri. 28 March 2025 12:01 am EST by Judy Byington
What We Think We Know as of Fri. 28 March 2025:
Utah was the first state, with 25 others following, to pass law making gold and silver alternative currencies to the failing US Dollar in their state.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 28 March 2025
Compiled Fri. 28 March 2025 12:01 am EST by Judy Byington
What We Think We Know as of Fri. 28 March 2025:
Utah was the first state, with 25 others following, to pass law making gold and silver alternative currencies to the failing US Dollar in their state.
Global Currency Reset:
Thurs. 27 March 2025 Bruce:
Bond Holder Paymasters were saying Bond Holders would have access to their accounts over the weekend.
As of ten this morning 12% of Bond Holders had gone through.
The full revaluation will happen after the first of April.
The Iraqi Dinar, Dong and Zim dollar were the keys to the gateway for Tier4b (us, the Internet Group) exchanges and that gate has been opened.
Multiple sources say Tier4b could get appointments tomorrow, but more likely Sat. or Sun.
Today the 800 number was being loaded in the various systems.
Emails would be sent out from Wells Fargo that will tell you how to set your exchange appointment.
Tues. 2 April 2025 is Liberation Day and the day the DOGE checks and deposits are supposed to start.
You can have up to three bank accounts associated with your Quantum Account.
~~~~~~~~~~~~~
Wed. 26 March 2025: BREAKING: THE GREAT RESET HAS BEGUN — GLOBAL CURRENCY SYSTEM QUIETLY ENTERS A NEW ERA – amg-news.com – American Media Group
Thurs. 27 March 2025: BOOM! AMERICA STRIKES BACK: DOGE IGNITES A TAX REVOLT AS TRUST IN THE IRS COLLAPSES! ABOLISH THE IRS — IT’S TIME! VIDEO – amg-news.com – American Media Group
Thurs. 27 March 2025: EXPOSED: NESARA GESARA Initiatives Reveal the Fall of Corrupted Banks, Stock Market Collapse, and D********e Corporations in the Vatican – amg-news.com – American Media Group
~~~~~~~~~~~~~~~
Thurs. 27 March 2025: States Work To Make Gold And Silver Alternative Currencies To US Dollar …QFS on Telegram
Something quiet but monumental is unfolding beneath the noise—states across America are preparing for the return of real money. Utah just passed a bill allowing gold and silver to be used for state payments. If signed by the governor, it becomes the first “transactional gold” law in the country. Not a theory. A signal.
Representative Ken Ivory said it clearly: people deserve a choice. Not just in how they save, but in how they transact. In his words, “the dollar used to be money—now it’s just currency.” And the difference matters. Especially now.
Since 1971, when Nixon severed the dollar from gold, Americans have watched their savings erode. A dollar then is worth less than 13 cents now. Meanwhile, gold has surged—from $40 an ounce to nearly $3,000. It hasn’t just kept up. It’s outpaced.
This movement isn’t limited to Utah. More than 25 states are now exploring similar laws. Mississippi, Texas, Florida, Indiana, even traditionally blue states. Bipartisan. Quiet. Strategic.
The U.S. Constitution allows states to make gold and silver legal tender. And many are finally acting on it. Not as rebellion, but as preparation.
With tools like Glint already offering debit cards backed by gold, and central banks worldwide stockpiling precious metals, this isn’t a return to the past—it’s a pivot toward resilience.
If the dollar continues to slip, gold may not just be an option. It may be the last thing left standing.
Read full post here: https://dinarchronicles.com/2025/03/28/restored-republic-via-a-gcr-update-as-of-march-28-2025/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man It's going to have to be on Forex everybody. They're going to have to have an Article VIII compliant currency. The one they have at 1310 is not one of those.
Frank26 There's a lot of things that are about to be announced. I pray one of them is the budget tables. I pray we see the new exchange rate in the budget tables. That's what I want. But everything is at a standstill. Everything is waiting for that new exchange rate. It's like Sudani took a clock and he stopped time for the monetary reform until he feels comfortable. BTW that comfort is increasing daily, if not hourly because of the relationship that Sudan has with Donald Trump...When we had Biden nobody cared about your country now you can see Trump not only cares but he is moving the reforms with a bullish attitude...
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Iraq Good News Landmark Agreement with BP
Edu Matrix: 3-27-2025
BP has secured the green light from the Iraqi government to rejuvenate the historic Kirkuk oil fields, aiming to extract over 3 billion barrels of oil equivalent.
This landmark deal, finalized on March 26, 2025, is set to transform Iraq's energy landscape. The redevelopment focuses on the Baba and Avanah domes and neighboring fields, promising economic diversification and job creation while attracting foreign investment.
As BP collaborates with Iraq's North Oil Company, the project is expected to boost oil production and enhance export revenues, reinforcing Iraq's role in the global energy market.
Discover how this partnership sets the stage for significant economic growth in Iraq!
Seeds of Wisdom RV and Economic Updates Friday Morning 3-28-25
Good Morning Dinar Recaps,
XRP NEWS: CAN RIPPLE SELL TO INSTITUTIONAL INVESTORS AS SEC DROPS CASE? LEGAL ISSUES EXPLAINED
The U.S. SEC has officially dropped its appeal in the ongoing legal case with Ripple, bringing an end to a four-year legal battle. However, the SEC has yet to confirm the latest developments. There’s been a lot of talk about what will happen to XRP once the SEC clears the legal issues. Some experts think that when the SEC removes the injunction, Ripple will be able to sell XRP to institutional investors without any problems. However, Marc Fagel, a former SEC lawyer, explained why that’s not exactly true.
Good Morning Dinar Recaps,
XRP NEWS: CAN RIPPLE SELL TO INSTITUTIONAL INVESTORS AS SEC DROPS CASE? LEGAL ISSUES EXPLAINED
The U.S. SEC has officially dropped its appeal in the ongoing legal case with Ripple, bringing an end to a four-year legal battle. However, the SEC has yet to confirm the latest developments. There’s been a lot of talk about what will happen to XRP once the SEC clears the legal issues. Some experts think that when the SEC removes the injunction, Ripple will be able to sell XRP to institutional investors without any problems. However, Marc Fagel, a former SEC lawyer, explained why that’s not exactly true.
What Fagel Says About XRP Sales
Fagel pointed out that even if the SEC clears the injunction, the court’s original ruling still stands. The court had previously ruled that Ripple’s sales of XRP to institutional investors were against the law. This means that selling XRP in the same way as before would still be illegal, regardless of the injunction.
He explained that the issue is not just about specific contracts or agreements, but about how Ripple sold XRP to institutional investors. The court found that the way these sales were made made XRP an unregistered security, meaning any future sales made in a similar way could still be illegal.
Room for Legal Flexibility
Despite the legal concerns, Fagel mentioned that not all sales to institutional investors would require registration. Some sales might be allowed under special exemptions. It all depends on the details of the transactions and whether they are similar to the ones that were previously found illegal.
However, Fagel also pointed out that the SEC has been less focused on regulating the crypto market recently. This means that Ripple might not face strict consequences for its future sales of XRP, even if they are similar to previous ones.
What’s Next for Ripple and XRP?
As for Ripple, Fagel said the company’s legal team will need to carefully consider any future sales. If they follow the same pattern as the past sales, they could face legal issues. But since the SEC is less involved in crypto regulation now, Ripple may be able to move forward with fewer legal concerns.
Will Judge Torres Clarify the Ruling?
Some people asked if Judge Torres would provide more clarity on the past XRP sales to institutional investors. Fagel believes she probably won’t. The judge has already made her decision, and Ripple is likely to request that she remove the injunction entirely. The attorney thinks there’s little chance that the judge will change her ruling, as she was previously reluctant to make it more specific.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
SOUTH CAROLINA DISMISSES ITS STAKING LAWSUIT AGAINST COINBASE, JOINING VERMONT
South Carolina has dismissed its lawsuit against Coinbase related to its staking services — joining Vermont in a move described by the firm as a victory for American consumers.
South Carolina has become the latest US state to dismiss its lawsuit against crypto exchange Coinbase over its staking services, which had accused the crypto exchange of offering unregistered securities.
The lawsuit was officially dismissed in a joint stipulation between the crypto exchange and the South Carolina Attorney General’s securities division on March 27.
“South Carolina just joined Vermont to dismiss its unfounded staking lawsuit against Coinbase,” the firm’s chief legal officer, Paul Grewal, said in a March 27 X post.
“This is not just a victory for us, but for American consumers and we hope it's a sign of things to come in the few states left that restrict staking.”
South Carolina and Vermont were two of 10 US states that took legal action against Coinbase's staking services on June 6, 2023 — the same day that the federal securities regulator filed its lawsuit against the crypto exchange.
The Securities and Exchange Commission officially dismissed that lawsuit on Feb. 27, 2025.
The other eight US states that filed enforcement action similar to South Carolina were Alabama, California, Illinois, Kentucky, Maryland, New Jersey, Washington and Wisconsin.
Grewal said he hoped to see other states follow suit and that South Carolina residents lost an estimated $2 million in staking rewards as a result of the lawsuit.
“The 52 million Americans who own crypto deserve commonsense consumer protections and clear rules,” he said. “We applaud South Carolina for standing up for justice and hope the remaining states with bans on staking will take notice.”
South Carolina introduces Bitcoin reserve bill
Meanwhile, a state lawmaker has just introduced the “Strategic Digital Assets Reserve Act of South Carolina” on March 27, which could see the state treasurer allocate up to 10% of certain state funds to cryptocurrencies such as Bitcoin.
Unlike most US state crypto reserve bills, South Carolina’s House Bill 4256, introduced by Rep. Jordan Pace, mentioned Bitcoin on several occasions for the Strategic Digital Assets Reserve that the bill seeks to establish.
The bill allows South Carolina’s treasurer, currently Curtis Loftis, to establish a Bitcoin reserve that exceeds no more than 1 million Bitcoin — a high ceiling that the US federal government is also looking to reach or exceed with its recently established Strategic Bitcoin Reserve.
The treasurer would be able to add Bitcoin to South Carolina’s General Fund, the Budget Stabilization Reserve Fund any other investment fund that they manage.
While no mention of stablecoins, non-fungible tokens, Ether or any other crypto tokens was made, the House bill said the Strategic Digital Assets Reserve wouldn’t be limited to Bitcoin.
According to Bitcoin Law, 42 Bitcoin reserve bills have been introduced at the state level in 19 states, and 36 of those 42 bills remain live.
Earlier this month, US President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve and a Digital Asset Stockpile, both of which will initially use cryptocurrency forfeited in government criminal cases.
@ Newshounds News™
Source: Cointelegraph
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Thank you Dinar Recaps
Delete Your Credit Card Info From Your Browser Right Now Before It's Too Late
I'm Begging You To Delete Your Credit Card Info From Your Browser Right Now Before It's Too Late
Ashley Broadwater Wed, March 26, 2025 BuzzFeed
Whether you’re ordering dinner from Uber Eats or buying that bestselling embarrassing product you’re too humiliated to get in the store, many of us purchase things online. It’s simply too easy, the convenience too great.
Eventually, the moment comes when the app or website asks for payment information. Unless you have your card memorized (no shame), you may have to dig through your wallet and meticulously type in each random number.
I'm Begging You To Delete Your Credit Card Info From Your Browser Right Now Before It's Too Late
Ashley Broadwater Wed, March 26, 2025 BuzzFeed
Whether you’re ordering dinner from Uber Eats or buying that bestselling embarrassing product you’re too humiliated to get in the store, many of us purchase things online. It’s simply too easy, the convenience too great.
Eventually, the moment comes when the app or website asks for payment information. Unless you have your card memorized (no shame), you may have to dig through your wallet and meticulously type in each random number.
Or you may already have that information saved on your laptop, tablet or phone. Again, why say no to such ease and convenience when it’s available?
Unfortunately, this common timesaving tool is a major no-no, according to cybersecurity experts. They have several concerns.
“Storing your credit card information in your browser might seem convenient, but it exposes you to a number of risks if your device is breached,” said Melissa O’Leary, a chief strategy officer at Fortalice Solutions specializing in impersonation, fraud and cyber scams. “Your saved payment details will be an easy target for cybercriminals to steal.”
Ahead, O’Leary, a former chief adviser to the director of the Office of Administration at the White House, and other experts explain how people can steal your card information, how you can protect yourself and how to delete that data.
The Many Ways Scammers Can Steal Your Card Information
Unfortunately, if you store your financial info, your credit or debit card numbers can be stolen in more ways than you realize. Here are some of the most common scenarios.
They steal your phone, computer or laptop.
No matter how much you keep an eye on your valuables, they can still go missing, unfortunately — and that’s an easy way for people to steal your saved information.
“If an attacker gets access to your computer, they don’t need to be a criminal mastermind to steal your payment details,” said Zulfikar Ramzan, a cybersecurity expert and chief technology officer at Point Wild.
They access your info through public Wi-Fi.
TO READ MORE: https://www.yahoo.com/tech/articles/experts-warning-against-one-online-023102271.html
“Tidbits From TNT” Friday Morning 3-28-2025
TNT:
Tishwash: After salaries are paid, Erbil markets are crowded with shoppers before Eid al-Fitr (photos)
Erbil's markets are witnessing a brisk trade movement as Eid al-Fitr approaches. Demand for clothing, sweets, and gifts is on the rise, amid a noticeable recovery in sales, driven by several factors, most notably the start of salary distributions and commercial offers .
Ahmed Saeed, owner of a clothing store in Al-Qaysariyah Market, told Shafaq News Agency, "We are witnessing a greater turnout this year, especially after salaries were paid. Families come to buy Eid clothes, mainly for children, and there is a high demand for both traditional and modern clothing ."
TNT:
Tishwash: After salaries are paid, Erbil markets are crowded with shoppers before Eid al-Fitr (photos)
Erbil's markets are witnessing a brisk trade movement as Eid al-Fitr approaches. Demand for clothing, sweets, and gifts is on the rise, amid a noticeable recovery in sales, driven by several factors, most notably the start of salary distributions and commercial offers .
Ahmed Saeed, owner of a clothing store in Al-Qaysariyah Market, told Shafaq News Agency, "We are witnessing a greater turnout this year, especially after salaries were paid. Families come to buy Eid clothes, mainly for children, and there is a high demand for both traditional and modern clothing ."
As for Mohammed, a sweets shop owner, he confirms, “Demand for Klicha and oriental sweets has increased significantly. Every year, demand for sweets increases as Eid approaches, but this year there is more activity, especially since customers prefer to buy Klicha and pastries in large quantities .”
On a related note, some citizens believe that prices are relatively high. Umm Saifan, a housewife, told Shafaq News Agency, "Prices are slightly higher than last year, but we cannot ignore the children's joy of Eid. We are trying to take advantage of the offers and discounts to buy clothes for them, especially since salaries have been paid ."
For his part, Ali, a government employee, explained, "The disbursement of salaries has helped many shop more comfortably. Delays in some months of salaries have affected purchasing power, but now, with salaries being disbursed before Eid, things have become easier ."
A number of merchants confirm that "the last few days before Eid typically witness peak shopping, with some people preferring to buy their necessities at the last minute, after iftar link
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Tishwash: PM's Advisor: Iraq's Oil Exports to the US Increased by 110% in Two Years
The Prime Minister's Financial Advisor, Mazhar Mohammed Salih, confirmed that Iraq's oil exports to the United States have increased by more than 110% in two years.
Salih told the Iraqi News Agency (INA): "Economic cooperation between Iraq and the United States extends to many diverse investment, trade, and economic fields. Economic cooperation between Iraq and the United States has witnessed remarkable developments in recent years."
He noted that "the volume of trade between the two countries has more than doubled over the past two years, with Iraq's oil exports to the United States increasing by more than 110%, and Iraq's imports from the United States increasing significantly over the past two years, with the value of this trade ranging between $9 and $10 billion."
He explained that "Iraq's imports were primarily in automobiles, transportation equipment, and engineering and electrical equipment. However, the trade balance remained in Iraq's favor, with a difference of $5.7 billion, reflecting the continued superiority of Iraqi exports to the United States, particularly in the crude oil sector." He noted that "economic cooperation between Iraq and the United States is developing, with a focus on enhancing trade exchange and supporting joint investment activities, serving the economic interests of both countries."
Salih stated that "financial and economic cooperation is part of a positive joint dialogue between the two countries. Since the beginning of this year, many mutual understandings have been reached in the field of economic cooperation, which are consistent with supporting stability and economic reforms outlined in the government's program, particularly the development of an attractive investment cooperation environment for investors between the two friendly countries, within the country's general economic policy to achieve sustainable development goals." link
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Tishwash: CBL introduces the new LD 5 banknote
The CBL has introduced the new LD5 denomination into circulation (Photo: CBL).
The Central Bank of Libya (CBL) announced yesterday the issuance of a new 5 dinar banknote bearing the signature of the new Governor Naji Issa.
The CBL said the new denomination will go into circulation along with the currently circulating issuances, starting today, Thursday, 27 March.
The LD note introduced on 20 March
It will be recalled that the CBL had announced on 20 March the issuance of a new 20-dinar polymer banknote (second issue) into circulation alongside the currently circulating issue.
On 20 January, the CBL had announced the issuance of new banknotes in the 5-, 10- and 20-dinars denominations in the coming weeks and months.
The LD 10 denomination was issued on 26 January. All the new denominations bear the signature of the new CBL Governor, Naji Issa. link
Mot: .. I'm Sooooooo Ready fir da RV!!! -- Cause ~~~~
Mot: .. ole ""Mot"" Finded - Yet - Another Health Tip on da Net!!!
MilitiaMan & Crew-Iraqi Dinar Reality-Approved International Instructions-Oil flow Turkey-USA-Support Sudani talk
MilitiaMan & Crew-Iraqi Dinar Reality-Approved International Instructions-Oil flow Turkey-USA-Support Sudani talk
3-27-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew-Iraqi Dinar Reality-Approved International Instructions-Oil flow Turkey-USA-Support Sudani talk
3-27-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraq Economic News and Points to Ponder Thursday Afternoon 3-26-25
Mr. Al-Hakim Assures The US Chargé d'Affaires: Iraq Is Capable Of Confronting All Security Challenges.
Time: 2025/03/27 Reading: 660 times {Political: Al Furat News} The head of the National State Forces Alliance, Mr. Ammar al-Hakim, discussed with the Chargé d'Affaires of the United States Embassy in Baghdad, Daniel Rubinstein, developments in the local and regional situation and affairs in the region.
During the meeting, according to a statement from his office, a copy of which was received by {Euphrates News}, Mr. Al-Hakim expressed "his concern over the renewed aggression of the Israeli entity on Gaza, and we renewed our call to strengthen security and peace through dialogue and the prevalence of logic, while avoiding wars and their dangerous repercussions."
Mr. Al-Hakim Assures The US Chargé d'Affaires: Iraq Is Capable Of Confronting All Security Challenges.
Time: 2025/03/27 Reading: 660 times {Political: Al Furat News} The head of the National State Forces Alliance, Mr. Ammar al-Hakim, discussed with the Chargé d'Affaires of the United States Embassy in Baghdad, Daniel Rubinstein, developments in the local and regional situation and affairs in the region.
During the meeting, according to a statement from his office, a copy of which was received by {Euphrates News}, Mr. Al-Hakim expressed "his concern over the renewed aggression of the Israeli entity on Gaza, and we renewed our call to strengthen security and peace through dialogue and the prevalence of logic, while avoiding wars and their dangerous repercussions."
He stressed that "Iraq has pioneering experience in combating terrorism and is capable of confronting all security challenges. We also emphasized the importance of strengthening bilateral relations between the two countries in a way that serves the interests of both parties and preserves Iraq's sovereignty and independent decision-making."
Mr. Al-Hakim also pointed to the promising opportunities Iraq possesses in all fields, and we called on American companies to invest in these opportunities to enhance the partnership between the two countries, support the Iraqi economy, and contribute to the exchange of expertise. We affirmed Iraq's keenness to develop its relations with the international community and its openness to it. LINK
Al-Sudani's Advisor: Iraq's Revenues Are Stable Despite Global Challenges
Money and Business Economy News – Baghdad The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Salih, stated that global geopolitical fluctuations represent a complex factor that directly impacts energy markets, indicating that Iraq's public finances are hedged against price fluctuations in the oil market.
In an interview with the official newspaper, followed by Al-Eqtisad News, Saleh indicated that even the end of the Russian-Ukrainian war will not necessarily mean market stability. Rather, it will lead to what are called "peace economies," which focus on rebuilding damaged economies and increasing investment to compensate for lost opportunities.
He explained that "this phase will not lead to an economic recession, but rather to a recovery in global growth rates, which in turn will lead to increased demand for oil." He explained that "a 1% increase in global growth leads to a 0.5% increase in oil demand, which supports the stability of oil prices and reduces the downward trajectory of the oil asset cycle," expecting prices to return to "rise under the pressure of increased demand for energy."
Saleh added, "Even the United States, the world's leading crude oil producer, faces significant losses if oil prices fall below $70 per barrel, due to the high cost of shale oil production. As for Russia, the world's second-largest oil producer, it is not in its interest to sell its oil at low prices or at discounts that exceed international agreements within OPEC, especially if the Ukrainian war ends." Regarding Iraq's financial situation,
Saleh affirmed that "public finances are resilient to oil market fluctuations," noting that "the first quarter of 2025 is about to end without any financial disruptions, as fiscal policy continues to operate with high discipline to ensure the implementation of budget objectives, including securing salaries, pensions, and social welfare, in addition to continuing to implement service projects in accordance with the government program."
He pointed out that "the three-year federal budget law, issued pursuant to Law No. 13 of 2023, priced oil at approximately $70 per barrel, ensuring stable public revenues despite global economic challenges." https://economy-news.net/content.php?id=53847
Oil Prices Stabilize After A Huge Drop In US Inventories
Energy Economy News – Baghdad Oil prices held steady on Thursday after U.S. crude inventories recorded their largest decline since December 2024, suggesting a potential supply shortage in the near term.
Brent crude was trading near $74 a barrel, after closing up 1.1% on Wednesday, while West Texas Intermediate fell below $70 a barrel.
US crude inventories fell by 3.34 million barrels last week, reaching their lowest level in a month, and gasoline inventories also declined, according to government data.
Oil prices have been rising since early March, as sanctions and tariffs imposed by US President Donald Trump have increased the likelihood of supply disruptions from producers such as Iran and Venezuela.
However, major oil trading companies, including Trafigura Group and Gunvor, remain pessimistic about crude oil prices for the remainder of the year, given the high supply, particularly from outside the OPEC+ alliance.
The alliance is also scheduled to begin restoring some of its shutdown production next month, the first in a series of planned increases. This has prompted traders to buy bullish oil options to hedge against higher prices. https://economy-news.net/content.php?id=53844
Iraq's Oil Exports Exceed 95 Million Barrels In February
Energy Economy News – Baghdad The Ministry of Oil announced today, Thursday, the total oil exports achieved for the month of February, which exceeded 95 million barrels of crude oil, according to statistics issued by the State Oil Marketing Organization (SOMO).
The Ministry stated in a statement received by “Al-Eqtisad News” that the total exports of crude oil amounted to (95) million, (148) thousand, and (167) barrels.
The statistics also indicated that the total quantities of crude oil exported for the month of February from the oil fields in central and southern Iraq amounted to (94) million and (375) thousand and (12) barrels.
The Ministry said, based on SOMO, that exports to Jordan amounted to (419) thousand and (846) barrels, and the quantities exported from the Qayyarah field amounted to (353) thousand and (309) barrels.
Thus, Iraq's oil exports declined by approximately 8 million barrels of crude oil in February, compared to January, when exports exceeded 103 million barrels of oil, according to SOMO statistics https://economy-news.net/content.php?id=53853
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Thursday Evening 3-27-25
Good Evening Dinar Recaps,
SENATE BANKING COMMITTEE DELAYS VOTE ON SEC CHAIR NOMINEE
The Senate Banking Committee has reportedly delayed its vote on the nomination of Paul Atkins as the next chair of the U.S. Securities and Exchange Commission
Journalist and host of Crypto in America podcast Eleanor Terrett, shared this development via X. The former FOX Business reporter cited a Senate aide as the source of the news. According to the aide, the committee will “not vote today on Atkins or the other nominees, as is typical practice.”
Good Evening Dinar Recaps,
SENATE BANKING COMMITTEE DELAYS VOTE ON SEC CHAIR NOMINEE
The Senate Banking Committee has reportedly delayed its vote on the nomination of Paul Atkins as the next chair of the U.S. Securities and Exchange Commission
Journalist and host of Crypto in America podcast Eleanor Terrett, shared this development via X. The former FOX Business reporter cited a Senate aide as the source of the news. According to the aide, the committee will “not vote today on Atkins or the other nominees, as is typical practice.”
Instead, nominees will be required to submit written responses to committee questions ahead of a markup vote. A date for that vote has not yet been set.
Atkins’ nomination and the SEC’s shifting stance
Atkins, President Donald Trump’s pick to replace former SEC chair Gary Gensler, faced the Senate’s banking committee on March 27.
Lawmakers also held a confirmation hearing for Jonathan Gould, nominated to lead the Office of the Comptroller of the Currency.
Gensler’s time at the helm of the top securities watchdog in the US is mostly seen as negative and anti-crypto.
His regulation by enforcement action approach that saw SEC sue multiple crypto companies and launched investigations against several is one of the things the commission is looking to drop completely. Indeed, several cryptocurrencies rallied in the wake of the ex-SEC chair’s resignation.
Despite Gensler’s exit, regulation remains a top topic in crypto. Recent moves to withdraw lawsuits and end investigations suggests this is the case.
Facing questions from the banking committee, Atkins says the SEC under his leadership will be keen on regulatory clarity.
“A top priority of my chairmanship will be to work with my fellow commissioners and Congress to provide a firm regulatory foundation for digital assets through a rational, coherent, and principled approach,” he noted in a prepared testimony.
While the report is that the Senate is delaying a vote on his nomination, the anticipation around the crypto ecosystem is that his confirmation is just a matter of ‘when, not if’.
Until then, interim chair Mark Uyeda continues to point the SEC in what industry players say is the right direction
@ Newshounds News™
Source: Crypto News
~~~~~~~~~
JPMORGAN SEES YIELD-BEARING STABLECOINS GROWING FROM 6% TO 50% OF MARKET SHARE
▪️JPMorgan analysts forecast that yield-bearing stablecoins could rise from the current 6% to as much as 50% of the stablecoin market cap in the future.
▪️Yield-bearing stablecoins are attracting investors similarly to traditional money market funds, particularly in today’s high-interest-rate environment, the analysts said.
Yield-bearing stablecoins, including tokenized Treasurys, which offer interest returns similar to traditional financial products, could experience massive growth ahead, according to JPMorgan analysts.
Yield-bearing stablecoins currently make up just 6% of the total stablecoin market cap but could expand significantly, potentially capturing up to 50% of the market unless regulatory changes intervene, JPMorgan analysts led by managing director Nikolaos Panigirtzoglou wrote in a report released Wednesday.
The top five yield-bearing stablecoins — Ethena's USDe, Sky Dollar's USDS, BlackRock's BUIDL, Usual Protocol's USD0 and Ondo Finance's USDY— have seen rapid growth since the U.S. election in November, rising from around $4 billion to over $13 billion in combined market cap, Panigirtzoglou told The Block.
According to analysts, this growth is expected to continue. They added that the U.S. Securities and Exchange Commission's recent approval of Figure Markets' application for a yield-bearing stablecoin, YLDS, which is registered as a security, provides further momentum to this segment.
Traditional stablecoins, such as Tether's USDT and Circle's USDC, do not share reserve yields with their users because doing so would classify these assets as securities, according to the analysts.
Such a classification would also impose additional compliance requirements, hindering their current seamless use as collateral within the crypto ecosystem, they said.
Why yield-bearing stablecoins are on the rise
The JPMorgan analysts identified several factors driving the rapid growth of yield-bearing stablecoins.
First, investors prefer these assets because they offer interest without requiring holders to engage in risky trading or lending activities or give up custody of their assets.
Second, major crypto trading platforms such as Deribit and FalconX now accept tokenized Treasurys as collateral, enabling traders to earn yield on posted collateral.
Additionally, crypto investors are increasingly turning to tokenized Treasurys in decentralized finance (DeFi) to obtain higher yields, as typical DeFi yields have significantly decreased from their peak levels of 2022. Projects like Frax Finance are also adopting tokenized Treasurys as underlying assets, further fueling this growth.
Despite this positive outlook, the JPMorgan analysts noted barriers. Yield-bearing stablecoins are classified as securities, subjecting them to regulatory restrictions that limit their adoption, especially among retail investors. Moreover, traditional non-yield-bearing stablecoins continue to hold a notable liquidity advantage.
With a combined market cap of around $220 billion across multiple blockchains and centralized exchanges, traditional stablecoins offer efficient, fast and low-cost transactions, even at large volumes. In contrast, yield-bearing stablecoins are newer, smaller and comparatively less liquid.
However, "This liquidity disadvantage could potentially be lessened over time as yield-bearing stablecoins gain further traction in the future in crypto derivative trading as source of collateral, in DAO treasuries, liquidity pools, and idle cash with crypto venture funds," according to the analysts.
As a result, over time, yield-bearing stablecoins could attract much of the idle cash currently sitting in traditional stablecoins, the analysts said. While the exact amount of this idle cash is difficult to estimate, it's unlikely to represent the majority of the stablecoin market, according to the analysts.
@ Newshounds News™
Source: The Block
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Evening News with MarkZ and Dr. Scott Young. 03/27/2025
Evening News with MarkZ and Dr. Scott Young. 03/27/2025
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
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
Evening News with MarkZ and Dr. Scott Young. 03/27/2025
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
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
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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!
FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
News, Rumors and Opinions Thursday PM 3-27-2025
KTFA:
Clare: Iraq establishes private company to manage development road project
3/27/2025
The Higher Committee for the Development Road Project, headed by Iraqi Prime Minister Mohammed Shia al-Sudani, announced on Thursday the establishment of a private company to manage the project.
His media office said in a statement received by Shafaq News Agency that Al-Sudani chaired today the regular meeting of the Supreme Committee for Monitoring the Implementation of the Development Road Project. This is the second meeting held within a week.
KTFA:
Clare: Iraq establishes private company to manage development road project
3/27/2025
The Higher Committee for the Development Road Project, headed by Iraqi Prime Minister Mohammed Shia al-Sudani, announced on Thursday the establishment of a private company to manage the project.
His media office said in a statement received by Shafaq News Agency that Al-Sudani chaired today the regular meeting of the Supreme Committee for Monitoring the Implementation of the Development Road Project. This is the second meeting held within a week.
The statement added that the meeting reviewed the progress of the project's various phases and discussed the directives issued during the previous meeting. Approval was given for the Iraq Development Fund to establish a private company to manage the development road project, and for the Higher Committee to proceed with establishing the project's special authority.
The meeting also approved the interim governance instructions regulating the relationship between Iraq and Turkey regarding the project. In this regard, the Prime Minister directed Oliver Wyman to hold a joint meeting with the Iraqi and Turkish sides to finalize these instructions.
The statement indicated that the meeting was attended by the Minister of Transport, the Director of the Prime Minister's Office, the General Coordinator for Provincial Affairs, the Chairman of the Iraq Development Fund, the Deputy Chairman of the Parliamentary Transport Committee, a number of advisors to the Prime Minister, the Director General of Ports, and representatives from Oliver Wyman, the company providing consulting services for the project. LINK
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Clare: Iraqi Ports Authority discusses operating mechanisms for the Grand Faw Port with the American company KBR.
3/26/2025
The General Company for Iraqi Ports announced on Wednesday that a meeting was held at the Ministry of Transport headquarters with representatives from the American company KBR, in the presence of representatives from the Ministry of Planning, to discuss the mechanisms for the actual transition to operating the Grand Faw Port after the completion of the project's basic work.
Farhan Al-Fartousi, Director General of Iraqi Ports, told Shafaq News Agency, "The Grand Faw Port is going through a pivotal phase, as many preliminary works have been completed. This meeting is a strategic step to coordinate efforts between government agencies and international companies, ensuring the success of future operations."
Al-Fartousi pointed out that "the meeting comes within the framework of preparing for the transition to the actual operational phase of the port, relying on available international expertise and in line with the Prime Minister's government program," stressing that "qualifying Iraqi cadres to manage and operate the port is a key priority in the programs for contracting with international companies."
The cost of the Faw Port is approximately 4.6 billion euros, with an estimated capacity of 99 million tons annually, making it one of the largest ports overlooking the Gulf and the tenth largest in the world. The foundation stone for this project was laid on April 5, 2010.
The Grand Faw Port issue and the delays in its completion have sparked widespread controversy in Iraq. MPs have accused successive governments of striking deals with neighboring countries that squandered the port's construction in favor of those countries' ports. The project has also experienced some delays following the mysterious suicide of the technical director of the South Korean company Daewoo, which was implementing the Grand Faw Port project. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick These oil revenue cards are for the HCL...These cards are going to be part of the all electronic and digitalization of Iraqi banks. These cards are also going to play a very important part in the rural areas of Iraq, in the desert regions where nomads live.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're talking about oil revenues to the citizens. They have not talked to us about our oil in quite a while. In fact, what they're talking about has not been brought to us since 2018 when they said we have a special card just for this. Now all of a sudden we are now hearing this again today. FRANK: Those cards are basically HCL cards. If they're talking to them about it? There's so many things pointing in one direction. FIREFlY: This is obviously the HCL coming to us because of a new exchange rate soon. FRANK: IMO this is the preparation for the HCL that is about to be given to you because of that new exchange rate
Huge PSLV Silver Short Squeeze Coming? | Andy Schectman
Liberty and Finance: 3-27-2025
In this interview, Andy Schectman discusses the recent surge in shorting activity surrounding PSLV, the physical silver trust, which saw a massive drop in share price due to aggressive short selling.
He explains that the shorting of PSLV is being used as a strategy to suppress silver prices, as it reduces the need for the trust to purchase more silver to back the shares.
Andy also highlights the risks involved in such market manipulation and how it reflects the broader struggle to control the value of silver amidst increasing demand.
He emphasizes that investors should be cautious, as these tactics could lead to volatile market conditions. Finally, Andy shares insights into the broader trends of precious metal investments and how institutional interest in silver and gold continues to grow, despite the shorting of PSLV.
INTERVIEW TIMELINE:
0:00 Intro
3:00 Gold scams
18:45 Storage
23:56 Market update
Seeds of Wisdom RV and Economic Updates Thursday Afternoon 3-27-25
Good Afternoon Dinar Recaps,
U.S. CONGRESS ADVANCES STABLECOIN REGULATION WITH THE INTRODUCTION OF THE STABLE ACT
Lawmakers introduce a new framework that redefines stablecoin oversight by blending traditional financial controls with digital asset practices for clearer, accountable operations in a fast-evolving market.
▪️Establishes structured guidelines for digital token issuers that stress transparency and regular record-keeping.
▪️Emphasizes clear operational rules to promote accountability without stifling innovation.
▪️Paves the way for coordinated oversight, integrating crypto with conventional finance.
Good Afternoon Dinar Recaps,
U.S. CONGRESS ADVANCES STABLECOIN REGULATION WITH THE INTRODUCTION OF THE STABLE ACT
Lawmakers introduce a new framework that redefines stablecoin oversight by blending traditional financial controls with digital asset practices for clearer, accountable operations in a fast-evolving market.
▪️Establishes structured guidelines for digital token issuers that stress transparency and regular record-keeping.
▪️Emphasizes clear operational rules to promote accountability without stifling innovation.
▪️Paves the way for coordinated oversight, integrating crypto with conventional finance.
On March 26, 2025, U.S. lawmakers introduced the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act to advance stablecoin regulation and improve transparency for dollar-backed digital tokens.
The proposal outlines how dollar-backed stablecoins should be issued, with requirements focused on transparency and consumer protection.
Congress Pushes Stablecoin Regulation Forward with the STABLE Act
Introduced by Representatives Bryan Steil and French Hill, the STABLE Act forms part of a broader push to build a consistent regulatory structure for cryptocurrency markets.
Stablecoin issuers would need to follow financial rules and maintain clear records under the STABLE Act.
Representative Hill said the bill helps clarify financial rules and protects both consumers and the financial system.
After gaining bipartisan Senate support, the bill passed through the Banking Committee and is now under review on the Senate floor.
Representative Tom Emmer, who has long supported crypto legislation, noted that although the House and Senate bills differ in some areas, lawmakers expect to reconcile those versions as the process moves ahead.
While the Senate continues deliberations, the House is refining its version of the bill.
To move the legislation forward, the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence held a hearing titled “A Golden Age of Digital Assets: Charting a Path Forward.”
This discussion focused on strengthening the bill’s foundation before a full House vote.
During the White House crypto summit on March 7, President Donald Trump encouraged lawmakers to pass stablecoin legislation before the August 2025 recess.
Still, that timeline may prove difficult due to divisions between crypto industry leaders and banks over key aspects of the bill’s language.
In parallel, Emmer has reintroduced the Securities Clarity Act, a separate measure that would define how crypto assets are treated under existing securities law.
Co-sponsored by Representative Darren Soto, the bill reflects ongoing efforts to give the digital asset industry regulatory certainty.
STABLE Act and GENIUS Act Propose Different Paths for Stablecoin Regulation
The U.S. Senate Banking Committee recently advanced another stablecoin bill: the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.
Unlike the STABLE Act, which outlines broad federal rules for stablecoin issuers, the GENIUS Act centers on defining payment stablecoins as digital tokens pegged to a fixed value and used for transactions.
This approach would divide oversight between federal and state regulators, depending on the size and scope of the issuer.
Under the GENIUS Act, issuers managing more than $10 billion in stablecoins would fall under federal regulation. Smaller players could remain under state oversight unless they apply for a federal waiver.
The growing debate over stablecoin regulation highlights the need for consistent rules across federal and state agencies.
Gold-Backed Tokens Add Complexity to Stablecoin Regulation
As stablecoin regulation evolves, some industry figures suggest gold-backed stablecoins could see broader global use than those tied to the U.S. dollar.
Bitcoin advocate Max Keiser has argued that countries with strained ties to the U.S. often view gold as more stable than the dollar.
A recent example is Tether’s Alloy (aUSD₮), launched in June 2024. This stablecoin is backed by Tether Gold (XAU₮) instead of fiat reserves.
Some believe gold-backed stablecoins may gain traction in countries with less trust in the U.S. dollar.
From Experiment to Infrastructure
What began as a workaround to traditional banking is now being treated as financial infrastructure.
The STABLE Act’s requirements signal that the era of informal issuance is closing, while the GENIUS Act offers a looser framework for limited use.
Either path will impose real consequences on stablecoin providers.
For users and institutions, it’s time to start treating stablecoins not as novelties, but as instruments subject to the same scrutiny as any other financial product.
@ Newshounds News™
Source: CryptoNews
~~~~~~~~~
TRUMP HITS FOREIGN CARS WITH 25% TARIFF – INDUSTRY BRACES FOR IMPACT
▪️President Trump announced a 25% tariff on non-U.S. manufactured cars, aiming to boost domestic production.
▪️The tariffs, effective April 3rd, exclude U.S.-made cars and USMCA-compliant parts, but face international criticism and market volatility concerns.
▪️This move is part of Trump's broader trade strategy, including "reciprocal" taxes, and is expected to impact car prices.
According to a latest Bloomberg report, President Donald Trump has announced a 25% tariff on all cars made outside the United States, a move he says will strengthen American manufacturing and bring jobs back home. The new policy, set to take effect on April 3, is one of the most aggressive trade measures targeting the auto industry in years.
Cars built in the U.S. will be exempt, along with certain auto parts that comply with the U.S.-Mexico-Canada Agreement (USMCA). But for foreign automakers and consumers, this decision could mean higher prices, shifting supply chains, and major industry shake-ups.
“What we’re going to be doing is a 25 per cent tariff on all cars that are not made in the United States. This will be permanent,” Trump said from the Oval Office. “We start off with a 2.5 per cent base, which is what we’re at, and go to 25 per cent.”
So, will this plan jumpstart American manufacturing, or will it drive up costs and disrupt the market? Here’s a closer look at what the new tariff means for businesses, consumers, and the economy.
A Jump in Import Tariffs
Currently, imported cars face a 2.5% tariff. Under the new rule, that figure will jump to 25%. The tariff will apply to fully assembled vehicles as well as key components like engines, transmissions, powertrain parts, and electrical systems. However, parts produced in the U.S. will remain exempt, even if the final vehicle is assembled elsewhere. The list of affected items could expand over time.
Economic Strategy or Market Disruption?
Trump believes the tariff will reduce reliance on foreign supply chains, particularly those involving Canada and Mexico, and will help lower U.S. debt. He called the current trade system “ridiculous” and argued that this new approach will simplify trade while benefiting American workers.
The decision has raised concerns about potential market instability. Trump also clarified that Tesla CEO Elon Musk was not involved in shaping the policy, despite earlier speculation that such tariffs could be neutral or even beneficial for Tesla.
Criticism from Global Leaders
The announcement has drawn criticism from international leaders. European Commission President Ursula von der Leyen called the move “bad for businesses, worse for consumers.” Canada’s Prime Minister Mark Carney also voiced strong opposition, vowing to protect Canadian workers and industries.
The stock market reacted quickly, with shares of U.S.-listed automakers dropping amid concerns that the tariffs could disrupt the global auto industry. Experts warn that higher costs for imported parts could lead to more expensive cars, fewer options for consumers, and job losses in manufacturing.
Could This Policy Drive Up Inflation?
Economists warn that the new tariffs could contribute to inflation. Trump was re-elected last year partly because voters believed he could bring down prices. If car prices rise significantly, it could create political challenges for his administration.
This tariff is part of Trump’s broader trade agenda. On April 2, a separate “reciprocal tax” policy will take effect, matching the tariffs and sales taxes that other countries impose on American goods. The administration says this is part of a long-term strategy to rebalance global trade in favor of the United States.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
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