
Iraq Economic News and Points to Ponder Thursday Evening 4-10-25
The Central Bank Issues New Instructions To Promote The Renewable Energy Initiative.
Time: 2025/04/10 09:45:01 Reading: 1,920 times {Economic: Al Furat News} The Central Bank of Iraq has issued new instructions amending the regulations for the renewable energy initiative it launched in 2022.
This came through a decision issued by the Banking Control Department, in accordance with Decree No. (503) of 2024, a copy of which was received by {Euphrates News}, and its most important provisions:
The Central Bank Issues New Instructions To Promote The Renewable Energy Initiative.
Time: 2025/04/10 09:45:01 Reading: 1,920 times {Economic: Al Furat News} The Central Bank of Iraq has issued new instructions amending the regulations for the renewable energy initiative it launched in 2022.
This came through a decision issued by the Banking Control Department, in accordance with Decree No. (503) of 2024, a copy of which was received by {Euphrates News}, and its most important provisions:
1- Determining the single advance: The single advance that is provided to the bank has been determined at an amount of (300) million Iraqi dinars, and the bank cannot use this advance except after committing to the required costs and within the specified time period.
2 - Amending the financing period: The financing period has been increased to seven years instead of the previous four years, with an additional six-month grace period added to repay the loan.
3- Amending the interest rate: The interest rate on loans granted under this initiative has been reduced to (5%) instead of the previous rate of (2.5%).
4- Loan allocation: The decision stipulates that loans will be allocated for the purpose of purchasing renewable energy systems, whether for residential or commercial purposes, with the requirement that the beneficiaries provide the necessary guarantees.
5- Application Mechanisms: The application mechanisms for obtaining loans have been clarified, as citizens can submit their applications via the electronic platform { click here } or any other platform specified by the participating banks.
6- Commencement of implementation: The decision will be effective from the date of its issuance, with the aim of enhancing bank liquidity and achieving the desired objectives of the initiative. LINK
Rafidain: Activating The Comprehensive Banking System In 57 Branches
Economy | 10/04/2025 Mawazine News – Baghdad Rafidain Bank announced, on Thursday, the activation of the comprehensive banking system in 57 branches.
The bank's media office stated in a statement received by Mawazine News: "The comprehensive banking system has been implemented in the Bab Al-Muadham and Oil Products Distribution Authority branches in Baghdad, as part of its ambitious plan for digital transformation," indicating that "thanks to this achievement, we now have 57 branches connected to an advanced electronic system that facilitates all your financial transactions."
He added that "this step reflects the constant commitment to providing smooth and fast banking services, ensuring a distinguished banking experience," stressing "the continuation of including all the bank's branches in the electronic system." https://www.mawazin.net/Details.aspx?jimare=260707
Basra Crude Prices Decline
Economy | 10/04/2025 Mawazine News – Baghdad Basra Heavy and Medium crude oil prices fell by more than 5%, affected by concerns about a slowdown in global economic growth.
Data showed that Basra Heavy crude fell by $3.29, or 5.50%, to reach $56.49 per barrel. Basra Medium crude also fell by $3.29, or 5.24%, to reach $59.54 per barrel. Brent crude recorded $64.71 today, while US West Texas Intermediate crude recorded $61.70. https://www.mawazin.net/Details.aspx?jimare=260699
Gold Prices Hit An Unprecedented New High In Baghdad
Stock Exchange Economy News – Baghdad The prices of foreign and Iraqi gold rose in the local markets in the capital, Baghdad, to a new and unprecedented record level, today, Thursday (April 10, 2025).
Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price of one mithqal of 21-karat Gulf, Turkish and European gold at 645,000 dinars, and a purchase price of 641,000 dinars.
The selling price of one mithqal of 21-karat Iraqi gold reached 615,000 Iraqi dinars, and the buying price was 611,000 Iraqi dinars.
As for gold prices in jewelers' shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 645,000 and 655,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 615,000 and 625,000 dinars. https://economy-news.net/content.php?id=54304
The Exchange Rate In Iraq Recorded 148,500 Dinars Per 100 Dollars
Economy | 10/04/2025 Mawazine News – Baghdad The exchange rate of the US dollar against the Iraqi dinar rose slightly in currency markets in the capital, Baghdad. The exchange
rate rose on the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, reaching 147,700 dinars for every $100, compared to 147,650 dinars for every $100 yesterday, Wednesday.
The selling price at exchange shops in local markets in Baghdad reached 148,500 dinars for every $100, while the buying price reached 146,500 dinars for every $100.
https://www.mawazin.net/Details.aspx?jimare=260708
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Thursday Evening 4-10-25
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NEW HAMPSHIRE HOUSE PASSES STATE BITCOIN RESERVE BILL
The “Live Free or Die” state is one step closer to embracing Bitcoin after the House of Representatives passed a reserve bill.
A bill proposing the creation of a state Bitcoin reserve was passed by the New Hampshire House of Representatives on Thursday.
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NEW HAMPSHIRE HOUSE PASSES STATE BITCOIN RESERVE BILL
The “Live Free or Die” state is one step closer to embracing Bitcoin after the House of Representatives passed a reserve bill.
A bill proposing the creation of a state Bitcoin reserve was passed by the New Hampshire House of Representatives on Thursday.
The House’s vote on New Hampshire Bill HB302, which if passed would allow the state’s treasury to invest in precious metals and digital assets, held a difference of just 13 votes, with 192 representatives voting for the bill and 179 voting against.
The bill will now move on to the New Hampshire Senate.
“We’re tied to the U.S. dollar, whether we like it or not, but this would allow us to have the state invest a small portion into this uncorrelated, new asset class,” New Hampshire Representative and bill proposer Keith Ammon previously told Decrypt.
Proposed in January, the bill would allow the state’s treasury to allocate up to 5% of the state’s public funds to eligible assets, based on text from the House’s amended bill. The initial proposal suggested an allocation of up to 10% of the state’s public funds.
Those funds can be used on precious metals like silver or gold, or…"any digital assets with a market capitalization of over $500 billion averaged over the previous calendar year.” Only Bitcoin meets that requirement, as of this writing.
New Hampshire’s treasury carried around $3.6 billion in funds as of its most recent annual report, meaning the state could buy up to approximately $181 million worth of precious metals or Bitcoin.
If spent only on crypto’s top asset, at today’s price of $79,755, that would give the Granite State a reserve of around 2,269 BTC. Bitcoin is down about 3.5% on the day, per data from CoinGecko.
The bill indicates that digital assets held by the state must be held by a qualified custodian, by the treasurer with a secure custody solution, or via an exchange traded product from a registered investment company.
New Hampshire is one of many states considering Bitcoin reserve bills, some of which have thus far failed to push them through their respective Houses—like in Pennsylvania and Wyoming.
President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve for the United States on March 6.
@ Newshounds News™
Source: Decrypt
~~~~~~~~~
NORTH CAROLINA LAWMAKER INTRODUCES DIGITAL ASSET FREEDOM ACT
North Carolina joins the growing list of US states attempting to pass comprehensive digital asset bills as a hedge against inflation.
North Carolina (NC) representative Neal Jackson introduced the North Carolina Digital Asset Freedom Act on April 10. The bill proposes that qualifying "digital assets" be accepted as a legally recognized form of payment and for taxes.
Although the language of the bill does not specifically mention Bitcoin, there are several provisions laid out that make BTC uniquely qualified under the bill's definition of a "digital asset."
These stipulations include a minimum market capitalization of $750 billion and a daily trading volume of over $10 billion, a market history of 10 years or more, proven censorship resistance, proof-of-work consensus, lack of a central authority, 99.98% or more network uptime, and a maximum supply cap. The bill read:
"The General Assembly further finds that decentralized digital assets, which are not governed by any central entity or foundation, align with the economic principles of limited, noninflationary money and are capable of ensuring the security and integrity of transactions."
Jackson's bill is merely the latest in state-led Bitcoin strategic reserve legislation in the United States amid inflation concerns, high US federal debt and a depreciating currency.
North Carolina takes a firm stance against CBDCs
Former North Carolina Governor Roy Cooper vetoed a bill banning a central bank digital currency (CBDC) in July 2024. At the time, Cooper characterized the bill as "premature, vague, and reactionary" to threats that have not yet materialized.
In August 2024, the North Carolina House of Representatives overrode Cooper's veto in a definitive and bipartisan 73-41 vote.
The North Carolina Senate followed suit by overriding Cooper's veto in a 27-17 vote and passed the anti-CBDC legislation into law in September 2024.
Dan Spuller, the head of industry affairs at crypto advocacy organization the Blockchain Association, applauded the action taken by NC lawmakers to push back against the tide of CBDCs.
"This bill should have never been vetoed, and Governor Cooper blew an opportunity to send a strong message to the Federal Reserve that NC stands united against CBDCs," Spuller wrote in a Sept. 9 X post.
@ Newshounds News™
Source: CoinTelegraph
~~~~~~~~~
BRICS: US DOLLAR IS NOW AN UNRELIABLE CURRENCY, SAY ANALYSTS
BRICS is doing everything to puncture the prospects of the US dollar as the White House is accused of weaponizing the currency. The bloc kick-started the de-dollarization agenda and is now convincing emerging economies to trade in local currencies. The alliance has been successful as many developing countries signed trade deals settling cross-border transactions in native currencies.
If the White House fails to import the dollar, the U.S. could enter a new era of hyperinflation. The US dollar needs to maintain its dominant position in the currency markets to make other countries absorb its deficit.
BRICS: The US Dollar Losing Its Reliability, Say BMO Analysts
Commodity analysts at BMO Capital Markets wrote that the US dollar is losing its sheen and BRICS is leveraging the development. The notion to push local currencies ahead for trade and transactions is easier now than ever before. “The US dollar is no longer seen as a reliable reserve asset,” wrote the analysts.
The note added, “Looking at the broader picture, the combination of deficit spending, tariffs, and pressures on smaller nations has fueled market uncertainty. Increased uncertainty typically leads to lower interest rates for Treasuries but also causes turbulence in equity markets,” he said.
The recent stock market crash is also a cause of worry as investors lose trust in the trade sector. The note added that BRICS could also put gold forward and diversify their reserves more without the US dollar.
“Recently, we’ve seen heightened volatility and a meaningful decline in equities from their highs earlier this year. This underscores a fundamental question: What can people truly trust? The answer remains a physical metal, gold, which has preserved its value for thousands of years and has never been debased, unlike every currency in history.”
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
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Thursday Evening News with Zester and Dr. Scott Young. 04/10/2025
Thursday Evening News with Zester and Dr. Scott Young. 04/10/2025
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
Thursday Evening News with Zester and Dr. Scott Young. 04/10/2025
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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Debt Crisis, Fed Meltdown Accelerates as Gold Confirms Crisis
Debt Crisis, Fed Meltdown Accelerates as Gold Confirms Crisis
Taylor Kenny: 4-9-2025
While the news cycle whirls with political dramas and fleeting headlines, a more profound, and potentially alarming, story is unfolding in the financial markets: the soaring price of gold.
This isn’t just a typical commodity price fluctuation; some experts argue that gold’s rise serves as a stark warning sign of a deeper, more systemic problem brewing beneath the surface – a crippling debt crisis threatening to destabilize the U.S. economy.
Debt Crisis, Fed Meltdown Accelerates as Gold Confirms Crisis
Taylor Kenny: 4-9-2025
While the news cycle whirls with political dramas and fleeting headlines, a more profound, and potentially alarming, story is unfolding in the financial markets: the soaring price of gold.
This isn’t just a typical commodity price fluctuation; some experts argue that gold’s rise serves as a stark warning sign of a deeper, more systemic problem brewing beneath the surface – a crippling debt crisis threatening to destabilize the U.S. economy.
The core issue, as highlighted by financial analysts like Taylor Kenney on ITM Trading, is the staggering $36 trillion U.S. national debt. This monumental figure, largely ignored in main stream media, is rapidly spiraling out of control.
Even seasoned financial veterans are admitting that we’re navigating uncharted waters, with traditional economic models struggling to offer clear solutions or predict the long-term consequences.
Historically, gold has served as a safe-haven asset, a store of value sought after during times of economic uncertainty and currency devaluation. When investors lose faith in traditional assets like stocks and bonds, particularly those backed by debt-ridden governments, they often flock to gold, driving up its price.
The current gold rally suggests growing anxiety about the stability of the dollar and the ability of the U.S. government to manage its burgeoning debt.
Adding fuel to the fire is the increasing trend of central banks around the world diversifying their reserves, moving away from the U.S. dollar and towards other assets, including gold.
This de-dollarization trend, if sustained, could further weaken the dollar’s global dominance and exacerbate the existing debt crisis. Central banks, typically conservative and meticulous in their investment strategies, aren’t known for making rash decisions.
Their shift towards gold suggests a pragmatic assessment of the increasingly precarious global economic landscape.
Ignoring the warning signs flashing in the gold market could be a costly mistake. While the future is uncertain, understanding the underlying issues and taking proactive steps to protect your wealth is crucial for navigating these turbulent economic times.
The soaring price of gold isn’t just a number; it’s a call to action. It’s a reminder that prudence and informed decision-making are paramount in safeguarding your financial future in an increasingly volatile world.
Iraq Economic News and Points to Ponder Thursday Afternoon 4-10-25
A High-Level US Economic Delegation Visits Iraq, Affirming Partnership And Economic Development
Buratha News Agency1312025-04-10 The Vice President of the U.S. Chamber of Commerce, Steve Lutes, confirmed on Wednesday that the U.S. Treasury will play an active role in developing the Iraqi economy, noting that Iraq is witnessing increasing openness to economic partnerships with the United States.
Lutes stated during a press conference that "our visit to Iraq represents the largest delegation of American businessmen to visit the country, and includes diverse sectors of the American economy," stressing that "Iraqi Prime Minister Mohammed Shia al-Sudani is working to strengthen partnerships between Iraqi companies and their American counterparts to develop the industrial and economic sectors."
A High-Level US Economic Delegation Visits Iraq, Affirming Partnership And Economic Development
Buratha News Agency1312025-04-10 The Vice President of the U.S. Chamber of Commerce, Steve Lutes, confirmed on Wednesday that the U.S. Treasury will play an active role in developing the Iraqi economy, noting that Iraq is witnessing increasing openness to economic partnerships with the United States.
Lutes stated during a press conference that "our visit to Iraq represents the largest delegation of American businessmen to visit the country, and includes diverse sectors of the American economy," stressing that "Iraqi Prime Minister Mohammed Shia al-Sudani is working to strengthen partnerships between Iraqi companies and their American counterparts to develop the industrial and economic sectors."
He also explained that "the US Treasury Department and the US Chamber of Commerce represent key players in supporting joint economic cooperation between the two countries, with the aim of achieving sustainable development and expanding the horizons of joint action."
In contrast, Ibrahim al-Baghdadi, head of the Iraqi Economic Council, emphasized during the conference that "the country has witnessed a significant decline in the level of education in recent years since liberation, but the presence of the American University in Iraq represents an important step toward saving education and represents a real lifeline."
Al-Baghdadi added, "We cannot forget the role of the United States in liberating Iraq from dictatorship. It is a pioneering country in many fields and continues to contribute to supporting Iraq."
He pointed out that "the visit of the American delegation, consisting of more than 100 figures representing more than 60 companies, is clear evidence of the development of economic relations between Baghdad and Washington," noting that "the Private Sector Development Council was launched two days ago, headed by Prime Minister Mohammed Shia al-Sudani, and including the First Deputy Prime Minister, the Minister of Planning, and the Second Deputy Prime Minister."
He concluded by saying, "Iraq is dozens of times better off today than it was in recent years, and we welcome any company willing to invest and work within Iraq to develop its industrial and economic sectors." https://burathanews.com/arabic/economic/458652
Planning: 241 Trillion Dinars In Investments Required By 2028
Money and Business Economy News – Baghdad The Ministry of Planning estimated the investments required by 2028 at more than 241 trillion dinars.
“The volume of investments required to achieve the targeted growth rate of 4.24% during the implementation period of the National Development Plan is a total of 241 trillion and 100 billion dinars,” the ministry’s spokesperson, Abdul Zahra Al-Hindawi, told Al-Sabah, followed by Al-Eqtisad News. He pointed out that “the government sector contributes about 157 trillion and 300 billion dinars of that.”
He explained that "private sector investments constitute 8.34% of the total required investments, and the crude oil sector will receive the largest share of capital formation, amounting to 27.4%, followed by the housing ownership and social development services sectors, which will receive 22.5% and 20.8% of capital formation, respectively."
Al-Hindawi pointed out that "the water and electricity sector will receive 8.6% of capital formation, while the manufacturing sector will receive 8.7%, and the remaining sectors will have varying percentages of capital formation," explaining that "in light of the expected targeted GDP growth rate of 4.24% at constant prices, which exceeds the estimated annual population growth rate of 2.5%."
For his part, economic expert Alaa Al-Fahd questioned the role of the private or mixed sector in providing these investments to establish projects within the national development plan, continuing, “The oil sector enjoys very significant foreign and local investment participation because it is productive, and any investment funds invested in this sector will be income-generating in the future and have investment benefits, while other sectors provide specific services and have investment aspects and infrastructure.”
Al-Fahd stressed that “if Iraq wanted to open up to investment and sign all projects, including the ‘Development Road’ and the completion of the ‘Grand Faw Port’, these amounts would be greatly multiplied,” noting “the necessity of the private and foreign sectors participating in this field, because the government cannot provide these amounts alone without cooperation, joint investment and partnership with other sectors.” https://economy-news.net/content.php?id=54298
US Agency: Partnership Contracts With Iraq Are The Largest And Most Recent
Energy Economy News – Baghdad Bloomberg, the US news agency, described the partnership contracts signed with the Iraqi government on Thursday as the largest and most recent, while noting Baghdad's success in developing the electricity generation sector with the two largest energy companies.
The agency stated in a report followed by "Al-Eqtisad News" that "Iraq signed non-binding agreements with two American companies aimed at adding 27 gigawatts to the country's electricity generation system, as part of efforts to meet the growing demand for energy." It noted that "the Iraqi government signed a memorandum of understanding with General Electric Vernova to build gas-fired power plants with a production capacity of up to 24 gigawatts."
She added that the plan, described as "the largest and most advanced" in the country's history, allows for access to external financing from international banks.
Electricity Minister Ziad Ali Fadel explained in a statement following the signing, according to the statement, that "the new stations will produce approximately 8 gigawatts without consuming fuel, while they will produce 16 gigawatts using natural gas and other fuels."
He explained that "demand for electricity in Iraq is expected to reach 55 gigawatts during the summer, while the country's current production capacity ranges between 16 and 26 gigawatts, depending on gas availability."
He pointed out that "the ministry signed another memorandum of understanding with UGT Renewables to establish an integrated solar energy project with a capacity of 3 gigawatts, financed by the US Export-Import Bank, the UK Export Finance Corporation, and JP Morgan," stressing that "the agreement includes a two-year period for technology transfer, training, operation, and maintenance."
The agency continued, "Oil Minister Hayan Abdul Ghani had previously announced talks with several companies to secure two floating storage and regasification units by early June, following the United States' decision not to renew the waiver that allowed OPEC's second-largest producer to purchase electricity from Iran."
For its part, the US Embassy confirmed that "Iraq's agreements with GE Vernova and UGT Renewables are worth billions of dollars." It should be noted that "the exact cost and timeline for the projects are unknown." https://economy-news.net/content.php?id=54309
Parliamentary Finance Committee: Amending The Import Control Authority Law Is A First Step Towards Achieving Sustainable Development
Money and Business Economy News – Baghdad Parliamentary Finance Committee Chairman Atwan Al-Atwani affirmed on Thursday that amending the General Authority for Import Control Law is a first step towards achieving sustainable development.
The media office of the Chairman of the Finance Committee stated in a statement, seen by Al-Eqtisad News, that "Al-Atwani received a delegation from the International Partners Foundation to discuss ways to enhance joint cooperation and exchange of expertise."
It noted that "the meeting discussed the financial situation in the country and the role of the committee in following up on the implementation of budget items, monitoring spending and evaluating performance. The priorities of the Finance Committee at the present time were also reviewed, foremost among which is the file of maximizing non-oil revenues."
Al-Atwani said, according to the statement: "We are currently working on preparing an amendment to the law of the General Authority for the Control of Federal Imports, with the aim of submitting it for a second reading as soon as possible, as it aims to maximize non-oil revenues.
He added, "The Finance Committee is finalizing plans to hold an expanded workshop in cooperation with the International Partners Foundation, with the participation of all relevant government agencies, to exchange views and consolidate important observations regarding this law. This will contribute to establishing clear mechanisms for its implementation, enabling the Authority to develop realistic estimates of state revenues."
Al-Atwani pointed out that "the approval of the amendment to the law of this authority and the development of a realistic plan for its implementation is the culmination of the efforts of the Finance Committee and a major national achievement during this parliamentary session, as it represents the first step towards achieving sustainable development by diversifying sources of income and moving away from the philosophy of a rentier economy that is entirely dependent on oil." https://economy-news.net/content.php?id=54311
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Thursday Afternoon 4-10-25
Good Afternoon Dinar Recaps,
PRESIDENT TRUMP USHERING IN CRYPTO ‘GOLDEN AGE,’ WHITE HOUSE OFFICIAL SAYS
The return of US President Donald Trump has come with some concern, but according to one White House official, his administration is set to usher in a new crypto ‘golden age.’ Indeed, Trump’s executive director of digital assets, Bo Hines, recently discussed the impact that his presence will have on cryptocurrency development in the country.
In a post to X (formerly Twitter), Hines called Trump the “true crypto President.” He noted that his stance on the emerging asset class will propel growth. Moreover, he said this effort will help crypto companies that “were victims of a weaponized justice system under the Biden regulatory regime.”
Good Afternoon Dinar Recaps,
PRESIDENT TRUMP USHERING IN CRYPTO ‘GOLDEN AGE,’ WHITE HOUSE OFFICIAL SAYS
The return of US President Donald Trump has come with some concern, but according to one White House official, his administration is set to usher in a new crypto ‘golden age.’ Indeed, Trump’s executive director of digital assets, Bo Hines, recently discussed the impact that his presence will have on cryptocurrency development in the country.
In a post to X (formerly Twitter), Hines called Trump the “true crypto President.” He noted that his stance on the emerging asset class will propel growth. Moreover, he said this effort will help crypto companies that “were victims of a weaponized justice system under the Biden regulatory regime.”
White House Official Says Trump Administration Will Bring New Golden Age for Crypto in US
It has certainly been a volatile start to US President Donald Trump’s second term thus far. Just three months into the year, the returning administration has sought to balance trade with the presence of new Liberation Day tariffs. Subsequently, the move greatly affected the US stock market, with a monumental crash and recession fears abounding the economic outlook.
However, the administration is still hopeful that the short-term struggle will benefit the country in the long term. Moreover, it is optimistic about one key industry that could surge over the next four years. Indeed, US President Trump is poised to usher in a crypto ‘golden age,’ according to White House official Bo Hines.
Speaking to Fox News, the top cryptocurrency policy official for the administration discussed the industry’s potential. “The president has made this a priority, and it is a testament to his leadership and his knowledge of the space,” Hines said.
“Unlike any president before him, he has truly embraced this technological development in a way that no one else has, which has allowed us to do what we need to do to make the United States the crypto capital of the world,” he added.
Hines also notes that the administration is “clearing the deck” of Biden-era policies. Indeed, the previous president had a well-established opposition to the industry. Yet, things have already changed drastically in the early months of Trump’s return. Things should continue, with Standard Chartered saying Bitcoin has $500,000 upside under Trump.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
ELIZABETH WARREN ACCUSES TRUMP OF MARKET MANIPULATION OVER TARIFF CHAOS
Senator Warren accuses Trump of market manipulation through erratic tariff decisions, alleging insider profit.
Trump's unpredictable tariffs, including a sudden hike on Chinese goods and a temporary pause, are causing market instability and economic uncertainty.
Congress is facing pressure to investigate Warren's claims and address the economic impact of Trump's tariff policies.
President Donald Trump’s 90-day tariff pause gave crypto markets a brief moment to breathe—but the calm didn’t last long. Behind the scenes, political tensions are heating up fast. U.S. Senator Elizabeth Warren is now going after Trump with serious accusations, claiming his unpredictable tariff moves may have been more than just bad policy. She says they might have been a calculated play to benefit his wealthy allies.
Could these sudden shifts in trade policy be more than meets the eye? The story gets deeper—and more explosive—the further you look.
Is Trump Playing the Market?
Warren is urging an independent investigation to find out whether Trump’s sudden tariff changes were meant to benefit his wealthy Wall Street allies. She argues that his actions go beyond bad economic planning and could point to deeper issues. Calling the pattern “corruption,” Warren claims that insiders close to Trump may have made profits by taking advantage of market chaos.
One of Warren’s main concerns is the sharp increase in tariffs on Chinese goods—from 105% to 125%—which caught markets off guard. Around the same time, Trump announced a 90-day pause on tariffs for other countries. This brief relief calmed the markets temporarily, but Warren believes the timing may have been deliberate—giving insiders a chance to “buy the dip” before prices bounced back.
Economic Warning Signs Are Flashing
Warren didn’t stop there. She blamed Trump’s constant changes in trade policy for hurting the U.S. economy, saying the “flip-flopping” has shaken investor confidence. With factory output slowing and job openings (JOLTS data) showing weakness, fears of a possible recession and rising inflation are growing.
From the Senate floor, Warren called on Congress—especially Republicans—to take action and put an end to what she calls “Trump’s tariff chaos.” She warned that this unpredictable approach to trade could cause even more damage to the economy if left unchecked.
More Lawmakers Join In
Representative Steven Horsford also criticized Trump’s sudden tariff reversal, saying it might be an example of market manipulation. He questioned who benefited from the move, hinting that billionaires may have taken advantage of the situation. His comments reflect growing concern in Congress that Trump’s trade policies are helping a select few while creating volatility.
Other lawmakers have also raised red flags, worried that Trump’s unpredictable trade strategy could harm the U.S. economy in the long run.
Former National Security Advisor John Bolton also voiced his disapproval. He said Trump’s tariff approach is flawed, and instead of working with allies to hold China accountable for intellectual property theft, Trump has picked fights with major trading partners.
As political and economic tensions rise, attention is now on Congress. Will lawmakers launch a formal investigation into Warren’s claims of market manipulation? For now, the pressure is building—and the markets are watching closely.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
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"I Believe the 'Mar-a-Lago Accords' Surface Soon - Tied To Gold?" | Mike Maloney
"I Believe the 'Mar-a-Lago Accords' Surface Soon - Tied To Gold?" | Mike Maloney
4-10-2025
The Mar-a-Lago Accords are coming—and they could change everything.
We're on the verge of a massive global monetary reset, and this time, it's all about gold and silver.
Will the U.S. return to a gold-backed dollar?
Could gold skyrocket to $12,000 per ounce?
And is silver the most undervalued asset in the world right now?
"I Believe the 'Mar-a-Lago Accords' Surface Soon - Tied To Gold?" | Mike Maloney
4-10-2025
The Mar-a-Lago Accords are coming—and they could change everything.
We're on the verge of a massive global monetary reset, and this time, it's all about gold and silver.
Will the U.S. return to a gold-backed dollar?
Could gold skyrocket to $12,000 per ounce?
And is silver the most undervalued asset in the world right now?
In this powerful breakdown, we connect history, policy, and market signals to uncover what’s really going on behind the scenes.
From Nixon’s exit from the gold standard to today’s emerging monetary crisis, this is not just speculation—it’s a call to prepare.
What you'll learn:
Why gold is poised for a monumental revaluation
How silver could outperform gold by 5x to 10x
What the Fed’s own balance sheet reveals about the current system
How global elites may be front-running the next monetary regime
Why now may be the last window for average investors to act
Don’t ignore the signs. The most important financial shift of our generation is already underway.
Thursday Coffee with MarkZ. 04/10/2025
Thursday Coffee with MarkZ. 04/10/2025
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 Mark, Mods and RVers
Member: What good RV news have you heard Mark????
Thursday Coffee with MarkZ. 04/10/2025
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 Mark, Mods and RVers
Member: What good RV news have you heard Mark????
Member: Anything from Bond holders???
MZ: bond contacts have gone very quiet. As of this morning I am still hearing crickets from the bond side. I think this is great news. They were expecting dollars. My biggest bond holders told me afterward I was just going to go to voicemail so they did not get into trouble.
MZ: Group contacts are moving to set up for disbursement.
MZ: Yesterday on the banking side we saw a lot of rates populating and changing on nearly every currency we are looking at- throughout the afternoon. This is a first. This is exciting.
Member: It sounds like we are just waiting for notifications to come out if bond holders are on nda's.
MZ: That is exactly what I was thinking.
Member: Everyone is going silent in the tg rooms! Daily chats being shut down. Seems very close! Silence is golden
Member: Could we get to go this week?
MZ: I think we may see bonds wrapping up this week. If so then 3 to 7 days later we see currencies go….that is what I think.
Member: If your bond folks are under nda ….maybe we’re at the point of going in 3 - 7 days??. Fingers crossed
Member: Didn’t Mike Bara said he saw rates of the dong at $2.12?
Member: I would be ecstatic with a rate of 1 to 1
MZ: I am still guessing it will be at the $2-$2.25 range.
Member: I've held at 3.50 IQD and 2.25 dong …that way no disappointment
Member: I’ll be happy if we actually ever get our notifications. What I ever I get on rates is more than I had before.
Member: I think we're all going to be shocked with the rates. I don't care what the rates are going to be. They're going to be great!
Member: Vietnam has found quite a bit of gold. Might that help the value?
MZ: In Iraq: “Al Rafadain is activating the comprehensive banking system in 57 branches” this is an add-on to the ever expanding digital banking system in Iraq.this is one of the pillars of the reforms to lift the purchasing power of the dinar.
MZ: “Positive indicators to diversify sources of income away from oil” they want to diversify their economy for agriculture ect….more than just oil.
Member: Can’t they diversify after the RV…sigh
MZ: I believe they need to point out all the stability there to justify the rate change.
Member: The US Embassy in Baghdad confirmed on Wednesday that it had signed multibillion-dollar agreements with Iraqi Prime Minister Mohammed Shia al-Sudani, through American companies.
MZ: Huge deals were cut yesterday through US and Iraqi businesses
Member: MarkZ, if Iraq is signing contracts with US electric contractors to update their grid system at the current rate of $0.0008, why would Iraq RV? Wouldn't it cost them more money if they did?
MZ: They base them in US dollars for these contractors. They rarely base foreign contractors in IQD. If it’s a Australian contractor they base them on Australian currency….If it’s a US contractor its based on USD…..ect.
Member: On FOX News last night, they were openly talking about a reset!
Member: Mark, as you said last night POTUS has mentioned currency revalue often. He may be pushing us closer to parody even before the RV to make parody much easier after?
Member: It feels like everything is lining up for something big . RV , stablecoin regs , tariffs creating a level playing field.
Member: We are living through history. folks will be talking about this in hundreds thousands of years in the future. they might even reference our comments
Member: Feels like everything is lining up for Easter long weekend.
Member: Just thinking if Easter is our timeline than next week takes us there and even adds a 3day weekend.
Member: Thanks to all. Everyone enjoy your day and stay positive.
Mod: WE HAVE DR. SCOTT AND ZESTER TONIGHT AT 7:00 PM EST!
Mark does a little Q&A throughout the call for newbys today. Please listen to full replay for this information.
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 Thursday 4-10-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 10 April 2025
Compiled Thurs. 10 April 2025 12:01 am EST by Judy Byington
What We Think We Know as of Thurs. 10 April 2025:
Wed. 9 April 2025: The U.S. Debt Clock just crossed the line — and something unprecedented has happened. Income tax? Gone. Corporate tax? Gone. Federal Reserve remittances? Zeroed out. …QFS on Telegram
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 10 April 2025
Compiled Thurs. 10 April 2025 12:01 am EST by Judy Byington
What We Think We Know as of Thurs. 10 April 2025:
Wed. 9 April 2025: The U.S. Debt Clock just crossed the line — and something unprecedented has happened. Income tax? Gone. Corporate tax? Gone. Federal Reserve remittances? Zeroed out. …QFS on Telegram
This isn’t a glitch. This isn’t a coding error. This is a deliberate signal, embedded within one of the most iconic public financial dashboards in America. While headlines focus on distractions, a quiet transformation is already in motion — a dismantling of the old system right before our eyes.
These missing figures are not simply redacted values. They are symbols — markers of a seismic shift. The disappearance of key fiscal indicators on the Debt Clock reveals the unraveling of a debt-fueled illusion that has propped up the global economy for decades.
We are not witnessing a standard downturn. This is a controlled demolition of the fiat system, designed not to collapse everything into chaos, but to usher in a replacement — one that’s already being assembled in the shadows.
For years, the U.S. government has operated on borrowed time, printing money with no intention of balancing the books. National debt has surpassed $34 trillion, and interest payments alone now rival military spending. But instead of warning signs, we are shown silence — or worse, erased data. The message is subtle, but unmistakable: the numbers no longer matter, because the system they represented is being retired. Behind the curtain, a new architecture is emerging, engineered by central banks, global technocrats, and digital overlords — all under the guise of modernization.
And what replaces the old? Look closely. A shift is underway — away from income tax and corporate levies, toward a model powered by tariffs and controlled trade. President Trump’s vision for economic sovereignty aligns with this: eliminate punitive taxes on citizens and domestic producers, and place the fiscal burden on foreign imports.
This isn’t just policy — it’s strategy. A return to national strength through fair trade, resource control, and internal production. But don’t be deceived. As this vision gains ground, those in power are adapting — not resisting. They are preparing their version of the “reset” — a digital prison cloaked in convenience.
Hard assets are being hoarded. Gold, silver, farmland, minerals, and energy infrastructure are vanishing into private hands. At the same time, tokenized currencies and programmable money are being tested by institutions. The plan? Replace the collapsing dollar with digital credits, “backed” by elite-owned resources. You won’t hold the gold. You won’t own the land. You’ll receive conditional access — credits that expire, tracked and limited by behavior. Freedom will become a privilege. Privacy a memory.
This was never about errors or incompetence. It was always about control. The global financial order was designed to centralize wealth, suppress independence, and manufacture dependence. Now, with the illusion nearing its end, a new phase begins — one masked in progress, but built on subjugation. The question is no longer whether the reset is real. It’s whether you’re prepared to meet it on your feet or fall into it asleep.
Stay alert. Stay sovereign. The clock isn’t broken. It’s speaking.
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Global Currency Reset:
Wed. 9 April 2025: BOOM! THE TAX THAT WASN’T SUPPOSED TO SPREAD—BUT DID – amg-news.com – American Media Group
Wed. 9 April 2025: BREAKING: THE U.S. DEBT CLOCK JUST CROSSED THE LINE — ARE WE WITNESSING A GLOBAL MONETARY RESET?! – amg-news.com – American Media Group
Wed. 9 April 2025: BREAKING: THE FINANCIAL SWITCH IS UNDERWAY — ISO 20022 IS LIVE, BLOCKCHAIN IS TAKING OVER, AND JPMORGAN, CITI, WELLS FARGO… – amg-news.com – American Media Group
Wed. 9 April 2025: BQQQM!!! Quantum GESARA aka TRUMPSARA: G.E.S.A.R.A, Farmers Plan & More – Power Back to the People! – amg-news.com – American Media Group
Tues. 8 April 2025: “The Green Light has been given.” …Mr. Pool on Telegram
Tues. 8 April 2025: “Guys I’ve been told that it’s a shotgun start so everything goes at once. God bless everyone.” …Wolverine
Dinar Revaluation: https://x.com/Prolotario1/status/1909722441884250598?t=hO_ZrT8gK6b6S1zHyI8H1A&s=09
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Global Financial Crisis:
Tues. 8 April 2025 Fox: ‘This is impressive’: Growing list of countries now seek tariff deals
Tues. 8 April 2025: BREAKING NEWS! WHITE HOUSE CONFIRMS: TRUMP’S 104% TARIFFS ON CHINA NOW IN FULL EFFECT – THE ECONOMIC WAR JUST WENT NUCLEAR – amg-news.com – American Media Group
Read full post here: https://dinarchronicles.com/2025/04/10/restored-republic-via-a-gcr-update-as-of-april-10-2025/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man I can't tell you it's going to happen tonight, tomorrow or the next but...they told you they've launched the new banking sector reforms at an international level, they're communicating with local and international. They're talking about digital currencies...cross-border payments, making things more efficient...Iraq's new digital dinar is going to be a part of that system. Alaq keeps talking about digital currencies. He's a central banker. He knows what the central banks know. Like it or not things are changing.
Mnt Goat I have to say that the pace of change and reform for the U.S. is overflowing now into Iraq as the new U.S. leadership takes shape on foreign policy...It is now almost indescribable my feelings as to what is going on in Iraq and all the wonderful changes happening that we prayed so hard for and so long.
**************
Stock Volatility Will Lead To Derivative Meltdown | Bill Holter
Liberty and Finance: 4-9-2025
Bill Holter discusses the current financial volatility, emphasizing the growing risks of a systemic collapse. He warns that the global financial system is vulnerable, particularly with the massive volume of derivatives—over $2 quadrillion—which far exceeds the size of the financial system itself.
Holter predicts that if a major derivatives player defaults (such as a systemically important bank or brokerage house), it could trigger a cascade of failures, ultimately leading to a "derivative meltdown."
This could wipe out assets, and Holter suggests that the best way to safeguard wealth is by owning physical gold or silver, as they cannot be bankrupt.
He highlights that these metals, especially in physical form, will retain value when the broader financial system fails, offering a secure store of wealth in uncertain times.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Gold repatriation
6:30 The Great Taking
11:20 Stock market volatility
16:20 The kinds of gold and silver to own
21:40 The collapse is happening now
Iraq Economic News and Points to Ponder Late Wednesday Evening 4-9-25
Workshop With An American Economic Delegation.. Abu Raghif: The Next Phase Will Witness Qualitative Opportunities In The Fields Of Communications And Digital Transformation
Wednesday, April 9, 2025, | Economic Number of reads: 102 Baghdad / NINA / The capital, Baghdad, hosted, on Wednesday, an expanded workshop organized by the US-Iraq Business Council, in cooperation with the American Chamber of Commerce, with the attendance of a high-level economic delegation that included 101 figures representing about 60 American companies operating in the energy, technology and health sectors.
Workshop With An American Economic Delegation.. Abu Raghif: The Next Phase Will Witness Qualitative Opportunities In The Fields Of Communications And Digital Transformation
Wednesday, April 9, 2025, | Economic Number of reads: 102 Baghdad / NINA / The capital, Baghdad, hosted, on Wednesday, an expanded workshop organized by the US-Iraq Business Council, in cooperation with the American Chamber of Commerce, with the attendance of a high-level economic delegation that included 101 figures representing about 60 American companies operating in the energy, technology and health sectors.
During the opening of the workshop, Chairman of the Communications and Media Commission, Nawfal Abu Raghif, affirmed Iraq's commitment to protecting freedom of expression and opinion, and promoting a transparent competitive environment that guarantees the quality of services and keeps pace with international standards.
He added: "The commission is working to adopt advanced oversight mechanisms to regulate the market in accordance with the applicable law and approved media regulations," noting the need to achieve a balance between freedom of expression, content regulation and intellectual property protection, while adhering to media pluralism in accordance with the constitution and the law.
He also touched on the commission's openness to experienced international companies, especially American companies, which have a proven track record in the field of economic development and the transfer of modern technology, indicating: "The next phase will witness qualitative opportunities in the fields of communications and digital transformation."
The Chairman of the Commission responded to inquiries and interventions from representatives of American companies, which focused on work mechanisms, regulatory legislation, and facilitating procedures, in addition to prospects for future partnerships, stressing the Commission's welcome of all initiatives that contribute to supporting the business environment and technical development in Iraq./ https://ninanews.com/Website/News/Details?key=1196702
Al-Sudani Sponsors The Signing Ceremony Of Memoranda Of Understanding Between The Iraqi And American Chambers Of Commerce.
Political | 09/04/2025 Mawazine News – Baghdad Prime Minister Mohammed Shia Al-Sudani sponsored, on Wednesday, the signing ceremony of a memorandum of understanding, within the framework of cooperation principles with GE Vernova, which includes projects for combined cycle gas power plants with a capacity of approximately 24,000 megawatts, in a plan that is the largest and most modern in the history of Iraq, with the possibility of securing external financing from international banks.
A statement from the media office received by Mawazine News stated that Al-Sudani sponsored the signing ceremony of a second memorandum in the electricity file, which also included cooperation principles, between the Ministry of Electricity and the UGT Renewable Group to establish an integrated solar energy project with a capacity of (3,000) megawatts, battery energy storage systems of up to 500 megawatts/hour, modernizing electricity transmission and distribution lines, and establishing up to (1,000 km) of new infrastructure for high-voltage direct current transmission,
in addition to a two-year period for technology transfer, training, operation and maintenance, with funding from the US Export-Import Bank, the British Export Agency, and JP Morgan as the arranging bank.
The Prime Minister sponsored the signing ceremony of a third memorandum of understanding between the Federation of Iraqi Chambers of Commerce and the American Chamber of Commerce, as part of efforts to strengthen bilateral economic cooperation.
The memorandum includes nine articles aimed at expanding communication between institutions, companies, organizations, and businesspeople in Iraq and the United States, strengthening existing economic, cooperative, scientific, and technological relations, and developing cooperation between small and medium-sized enterprises in both countries. https://www.mawazin.net/Details.aspx?jimare=260678
Saleh: Cooperation Between Fiscal And Monetary Policies Ensures Sustainable Economic Stability
Economy | 09/04/2025 Mawazine News – Baghdad The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Saleh, explained on Wednesday the mechanism for bridging and financing the budget deficit. He pointed out that the state's general budget is based on an oil price of $70 to counter market fluctuations, stressing that cooperation between fiscal and monetary policies ensures sustainable economic stability.
Saleh said, "Since the federal general budget was enacted under Law No. 13 of 2023, as amended (the three-year budget for 2023, 2024, 2025), it has been based on conservative oil prices to counter oil market fluctuations. This includes adopting a price of $70 per barrel of crude oil, an export capacity of 3.4 million barrels of oil per day, and an annual spending ceiling of nearly 200 trillion dinars, with a planned deficit of approximately 64 trillion dinars."
He explained that "the planned deficit, if realized, turns into an actual deficit that is financed (according to the degree of deficit) from domestic sources and a small number of committed external sources, based on actual need, especially in financing development projects."
He added, "Internal sources of deficit financing are loans provided by the government banking system, often to finance the general budget when a deficit occurs, as a bridge loan. With the exception of the first quarter of fiscal year 2025, nothing has occurred that requires significant borrowing, except for less than 6% of the total planned annual balance to date."
He pointed out that "there is close and precise cooperation between fiscal and monetary policies, and they are proceeding closely together to build sustainable financial stability in our country to confront any shock of a sudden drop in global oil prices and its repercussions on financing the state's general budget."
He continued, "This is in order to maintain spending related to securing salaries, wages, pensions, social welfare, the basic services program, and support for farmers, all of which are constants in spending in fiscal year 2025, while proceeding with basic service projects (education, health, sewage networks, electricity, water, and roads)." https://www.mawazin.net/Details.aspx?jimare=260682
Al-Sudani To The American Chamber Of Commerce Delegation: Iraq's Trade Balance Does Not Suffer From A Deficit
Economy | 09/04/2025 Mawazine News – Baghdad Prime Minister Mohammed Shia al-Sudani confirmed on Tuesday that Iraq's trade balance does not suffer from a deficit.
A statement from his office received by Mawazine News stated that "Prime Minister Mohammed Shia al-Sudani received today, Wednesday, a large economic delegation from the American Chamber of Commerce, and a number of American company presidents and investors, in the presence of the Chargé d'Affaires at the US Embassy in Iraq."
Al-Sudani reviewed, according to the statement, "the facilities and measures taken by the government to enable businessmen and companies to enter the Iraqi market, which now has many promising opportunities," indicating that "Iraq provides a wide and diverse market for various products, goods and services."
Al-Sudani stressed that "the Iraqi people have accomplished a lot in confronting terrorism and laying the foundations for its development renaissance," noting "the importance of bilateral relations with the United States and their sustainability, especially since Iraq today is a distinguished democratic model in the region."
He said: "Due to the war of the 1980s, the siege of the 1990s and the war on terrorism throughout the past two decades, development in Iraq has been delayed in all sectors," noting that "Iraq is a virgin land for investment opportunities in all sectors."
He stressed that "Iraq is an industrial and agricultural country, and represents the shortest corridor between global trade from the East and the West, which passes through Turkey to Europe." He explained that "the development road project will be the shortest economic corridor linking Asia to Europe, and the least expensive for transporting goods."
He noted that "Iraq possesses minerals that have not yet been exploited, and it is the world's largest country in sulfur reserves, and the second largest in phosphate."
He continued, "Iraq produces 4 million barrels of oil per day, but the associated gas is flared, and at the same time we import gas to operate power plants."
He continued, "Our government has developed a vision for projects, and contracts with international companies have begun to be implemented, and gas flaring will stop by early 2028." He explained that "Iraq is among the top ten countries in the world in terms of natural gas reserves."
He continued, "There are those who paint a negative picture of the situation in Iraq, which is unfair and inaccurate."
He added, "Iraq has witnessed the entry of numerous investment companies to implement projects in the fields of energy, housing, industry, and agriculture, and the value of investment licenses has reached $88 billion."
Al-Sudani concluded: "We have granted sovereign guarantees to the private sector to implement projects in various fields." https://www.mawazin.net/Details.aspx?jimare=260679
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Thursday Morning 4-10-25
Good Morning Dinar Recaps,
JUST IN: SENATE CONFIRMS PAUL ATKINS AS SEC CHAIR, NEW ERA FOR CRYPTO?
In a 52-44 vote, the U.S. Senate has confirmed Paul Atkins as the next Chair of the Securities and Exchange Commission (SEC). The confirmation now heads to the White House, where President Donald Trump is expected to formally sign off on the appointment. Once that process is complete, Atkins will be officially sworn in. According Fox Business’ Eleanor Terrett, the timing for these next steps remains unclear.
Good Morning Dinar Recaps,
JUST IN: SENATE CONFIRMS PAUL ATKINS AS SEC CHAIR, NEW ERA FOR CRYPTO?
In a 52-44 vote, the U.S. Senate has confirmed Paul Atkins as the next Chair of the Securities and Exchange Commission (SEC). The confirmation now heads to the White House, where President Donald Trump is expected to formally sign off on the appointment. Once that process is complete, Atkins will be officially sworn in. According Fox Business’ Eleanor Terrett, the timing for these next steps remains unclear.
Who Is Paul Atkins?
Paul Atkins is a seasoned financial regulator and former SEC commissioner who served under President George W. Bush. Known for his market-oriented approach, Atkins is respected across party lines and has also held senior roles under Democratic leadership, including under former SEC Chair Arthur Levitt. His nomination hints at a significant shift in regulatory direction under the Trump administration.
Atkins will replace outgoing Chair Gary Gensler, whose tenure was marked by a high-profile and often controversial crackdown on the crypto industry. Gensler faced both praise and criticism for an aggressive enforcement-first approach, especially in applying securities laws to digital assets.
A Turning Point for Crypto Policy?
Under the Biden administration, critics argued that the SEC’s enforcement-heavy stance stifled innovation and failed to offer a clear regulatory path forward. With Atkins at the helm, expectations are high that the SEC may pivot toward a more constructive, guidance-driven regulatory environment.
While details about Atkins’ policy plans remain to be seen, early signals suggest a shift toward fostering innovation while still enforcing accountability. Many in the industry are hopeful that the incoming SEC leadership will work toward creating a consistent, federally backed framework that balances growth and oversight.
@ Newshounds News™
Source: Coinpedia
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TREASURY EYES REGULATORY RESET TO IGNITE BLOCKCHAIN AND PAYMENTS
Regulatory roadblocks are crumbling as the U.S. Treasury signals a sweeping pivot toward blockchain, stablecoins, and digital assets, igniting America’s fintech dominance worldwide.
Regulatory Barriers on the Brink as Treasury Sparks Blockchain Shift
U.S. Treasury Secretary Scott Bessent laid out a broad financial reform agenda at the Bankers Association Summit on April 9, pledging to remove regulatory barriers that he said have slowed innovation in blockchain, stablecoins, and modern payment technologies. His address emphasized aligning financial oversight with national interests while refocusing on economic growth. Bessent stated:
We will take a close look at regulatory impediments to blockchain, stablecoins, and new payment systems. And we will consider reforms to unleash awesome power of the American capital market.
“Americans deserve a financial services industry that works for all Americans, including and especially Main Street. Under President Trump’s leadership the Treasury Department and I will deliver that to you,” Bessent added.
Bessent criticized current regulatory approaches as outdated and skewed toward global frameworks, particularly the Basel Committee’s capital standards, which he claimed are “not in my opinion the right starting point for a modernization effort.”
He called for a U.S.-first model built from “the ground up,” emphasizing that decisions impacting domestic financial innovation should not be shaped by international bodies lacking transparency.
His remarks suggested that this shift could help level the playing field between banks and nonbank financial innovators, a move that would give rise to broader adoption of technologies like digital assets and tokenized payment networks.
In line with that vision, Bessent confirmed that the Treasury would also review capital rules that currently disincentivize investment in innovation. He further pledged to modernize anti-money laundering and compliance rules to allow financial institutions to focus on “national security priorities and high-risk areas,” giving them leeway to deprioritize lower-risk activities.
While pushing for reform, Bessent framed the administration’s approach as supportive of small-town lenders and consumers:
Americans deserve a financial services industry that works for all Americans.
His remarks position the Treasury to potentially spearhead new regulatory frameworks aimed at fostering both financial safety and cutting-edge innovation.
President Donald Trump has strengthened his pro-cryptocurrency position by ordering the creation of a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, using roughly 200,000 BTC seized in legal cases to support national economic interests.
At the same time, the U.S. Department of Justice (DOJ) disbanded its National Cryptocurrency Enforcement Team, indicating a shift from enforcement to industry support. The moves reflect the administration’s aim to make the U.S. a global crypto leader.
@ Newshounds News™
Source: Bitcoin News
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