Seeds of Wisdom RV and Economic Updates Wednesday Evening 4-30-25
Good Evening Dinar Recaps,
UK DECIDES TO ALIGN WITH US RATHER THAN EU OVER CRYPTO REGULATION: INTRODUCES NEW RULES
Amidst fear of losing ground to global fintech hubs, the UK has announced new draft regulations for the crypto sector.
On 29 April 2025, Finance Minister Rachel Reeves said, “Through our Plan for Change, we are making Britain the best place in the world to innovate – and the safest place for consumers. Robust rules around crypto will boost investor confidence, support the growth of Fintech and protect people across the UK.”
Good Evening Dinar Recaps,
UK DECIDES TO ALIGN WITH US RATHER THAN EU OVER CRYPTO REGULATION: INTRODUCES NEW RULES
Amidst fear of losing ground to global fintech hubs, the UK has announced new draft regulations for the crypto sector.
On 29 April 2025, Finance Minister Rachel Reeves said, “Through our Plan for Change, we are making Britain the best place in the world to innovate – and the safest place for consumers. Robust rules around crypto will boost investor confidence, support the growth of Fintech and protect people across the UK.”
The UK government is now introducing compulsory regulation for crypto exchanges, dealers, and agents.
Importantly, the UK has decided to align with the US, treating crypto assets as securities. This marks a departure from the EU’s Markets in Crypto-Assets (MiCA) framework, which took effect in December 2024.
“The Chancellor also revealed that the UK and US will use the upcoming UK – US Financial Regulatory Working Group to continue engagement to support the use and responsible growth of digital assets,” the UK government website said.
The government aims to finalize the legislation by the end of 2025.
UK’s Clear New Rules To Boost Investor Confidence
Furthermore, the Chancellor also revealed that discussions with the US about supporting the use and responsible growth of digital assets are underway, as the government works in national interest to drive growth through Plan for Change.
The Chancellor also announced that the government will publish the first-ever Financial Services Growth and Competitiveness Strategy on 15 July, alongside her Mansion House speech. This will support the financial services sector’s long term growth, with Fintech identified as a priority sector, and help it finance investment and growth across the UK.
Around 12% of UK adults now own or have owned crypto, up from just 4% in 2021.
Industry Leaders Urge UK To Address Urgent Concerns Around Regulation, Funding, Innovation
Despite the government’s efforts, several fintech and crypto executives have expressed concern that the UK is losing its competitive edge.
“I think the UK will get it right — but there is a risk if you get it wrong that you drive innovation to other markets,” Keith Grose, Coinbase’s UK head, revealed CNBC on 30 April 2025.
Meanwhile, Jaidev Janardana, CEO of digital bank Zopa, weighed in too. “If I consider the pace of innovation, I believe the US is currently ahead – despite its own set of challenges. Yet, when you look at places like Singapore and Hong Kong, there is significantly faster innovation,” he said.
Tim Levene, CEO of venture capital firm Augmentum Fintech, said, “We’re scrambling around looking for pots of capital in the UK, where currently it would be more fruitful to go to the Gulf, to go to the US, to go to Australia, or elsewhere in Asia, and that that doesn’t feel right.”
@ Newshounds News™
Source: 99Bitcoins
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BRICS MAY PUSH GOLD PRICE TO $6,000 AS US TRADE WAR TALKS PERSIST
With continued geopolitical unrest, the rush to haven assets has been an undeniable reality. That could benefit one economic alliance that has sought out a US dollar alternative for much of the last year. Indeed, the BRICS alliance may push the gold price to heights of $6,000 as talks of an impending US trade war persist.
Since its unveiling of sweeping global tariffs in early April, tension between the US and China has reached a fever pitch. Moreover, that has created increased conflict within the alliance itself, as the group has recently failed to deliver a joint statement. Yet, all eyes are on gold, as the developments could only fuel the asset that BRICS nations have purchased rampantly throughout the last year.
BRICS May Push Gold to New Heights Amid US Tensions
Since he emerged victorious in the 2025 US presidential election, Donald Trump has expressed his issues with the BRICS alliance. He threatened 150% tariffs on the bloc for their role in global de-dollarization efforts. Although that didn’t come to fruition, China is facing import duty increases of up to 245% amid its recent roll-out of America-first trade policies.
These could only strengthen the Global South collective, however, as the policy reshapes the international economy. Indeed, the BRICS bloc may push the gold price to $6,000 as talks of a US trade war persist.
US Global Investors CEO and executive chairman of Hive Digital Technologies, Frank Holmes, recently discussed gold’s potential. “I think the goal should be going to $6,000 over the term for President Trump,” Holmes said. “If the tariffs go up 25%, then the dollar has to go down 25%,” Holmes added.
The expert was articulating the reality that the ongoing economic policy and the greenback have an adverse relationship. Since he entered office, the US dollar has plummeted 10% over the first 100 days of Trump. Moreover, BRICS, and China specifically, have ramped up gold buying.
The People’s Bank of China has been the largest covering buyer of gold for more than five straight months. Moreover, in Q1 alone, it added 27 tonnes to its reserves, making it the largest holder in modern history. Trading at the $3,300 level, there is room for the asset to skyrocket, especially if the Trump tariff plan is resumed in the coming month.
@ Newshounds News™
Source: Watcher Guru
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More News, Rumors and Opinions Wed. PM 4-30-2025
KTFA:
Henig: LNG, aircraft, agriculture contracts with US must be done in May: PM
April 29, 2025 - 17:00
Việt Nam is also working closely with ASEAN and regional partners to conduct negotiations in a manner that ensures harmonised interests and a sustainable, balanced trade relationship, in line with the ASEAN–US Comprehensive Strategic Partnership. HÀ NỘI —
Prime Minister Phạm Minh Chính on Tuesday chaired a meeting in Hà Nội with ministries and relevant agencies to review preparations for bilateral trade negotiations with the United States.
KTFA:
Henig: LNG, aircraft, agriculture contracts with US must be done in May: PM
April 29, 2025 - 17:00
Việt Nam is also working closely with ASEAN and regional partners to conduct negotiations in a manner that ensures harmonised interests and a sustainable, balanced trade relationship, in line with the ASEAN–US Comprehensive Strategic Partnership. HÀ NỘI —
Prime Minister Phạm Minh Chính on Tuesday chaired a meeting in Hà Nội with ministries and relevant agencies to review preparations for bilateral trade negotiations with the United States.
This was the sixth cabinet meeting regarding the implementation of conclusions and directives issued by the Party Central Committee, the Politburo, and General Secretary Tô Lâm on adapting to the US’ new tariff policies, in which Việt Nam is subject to a 46 per cent rate.
PM Chính stated that Việt Nam had recently implemented a wide range of active and coordinated measures. Ministries and sectors have engaged with the highest sense of responsibility. The results so far are heading in a positive direction, yet the situation remains complex, requiring agencies to closely monitor developments, respond promptly and effectively, and address issues within their jurisdiction in a proactive, practical, and feasible manner.
Vietnamese agencies have been making great efforts to address issues related to the origin of goods, non-tariff barriers, intellectual property, copyright, and administrative procedure reduction.
PM Chính has instructed ministries and sectors to be proactive in working with the US, clearly explaining the issues of US concern that Việt Nam has been addressing.
He urged the swift negotiation and signing, by May 2025, of contracts for the purchase and import of goods from the United States, such as LNG, aircraft, pharmaceuticals, medical equipment, and agricultural products, to ensure a sustainable trade balance.
PM Chính emphasised that negotiations must be conducted with calmness, determination, and great flexibility – avoiding either perfectionism or haste – while safeguarding national sovereignty, security, and interests.
The negotiations must also honour Việt Nam’s international commitments, ensuring no one objective is pursued at the expense of another party or country, and adhering to the principle of “harmonised interests, shared risks”.
He requested Vietnamese agencies to engage in dialogue with the US so that both sides could reduce tariffs on each other’s goods to mutually appropriate levels. He also called on the US to soon recognise Việt Nam as a market economy and lift restrictions on the export of high-tech goods.
These measures would contribute to trade balance and technology transfer, while reflecting US’s support for a strong, independent, self-reliant, and prosperous Việt Nam. Việt Nam will continue to revise its legal framework to address US’ concerns, while ensuring sovereignty, fulfilling international commitments, and maintaining compatibility with the legal systems of both countries.
The Government leader noted that Việt Nam had recently focused on amending numerous laws. At the upcoming ninth session of the National Assembly, the Government will submit proposals to amend laws related to intellectual property, copyright protection, and administrative procedure reform to better reflect the current context.
Việt Nam is also working closely with ASEAN and regional partners to conduct negotiations in a manner that ensures harmonised interests and a sustainable, balanced trade relationship, in line with the ASEAN–US Comprehensive Strategic Partnership. PM Chính instructed each relevant ministry and agency to develop specific negotiation plans, and tasked the Ministry of Industry and Trade with consolidating and finalising these plans by April 30. — VNS LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Article: ..."the country's massive financial reserves are one of the main reasons behind the improvement in the value of the Iraqi dinar against the dollar. We expect the dinar's value to continue to improve in the coming period." That' kind of a heads up without saying, 'Hey, we're revaluing our currency!' But they did say we expect the dinar's value to continue to improve in the coming period...
Boots-On-The-Ground Guru Maxis I am in Baghdad (Green Zone). A few of my guys [Iraqi employees] have [bank] accounts but they have not deposited their large notes until they are sure about the new lower notes and a revaluation. There are no consequences if they don’t [make a deposit]. The GOI has offered bonds but they are weary of these. They do expect a revaluation but all it will mean to them is cheaper prices on goods and services. Yes they are [excited about purchasing power] but they are getting frustrated about the delays.
When Trump is Finished, Federal Reserve will be Insignificant, Long Live Gold and Bitcoin
X22 Report (with Bob Kudla): 4-29-2025
Bob begins the conversation talking about how Germany is going to block out the sun, which means solar power will not work they way they said it will to power the country.
Gold and Bitcoin are making moves as the fiat currency implodes on itself.
Oil is going to come down to counter the tariff temp price increase, but when the temp price increase is gone because companies are paying for it people are going to see prices come down.
In the end the Federal Reserve will be insignificant.
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The Quiet Coup: BIS Just Rewrote The Global Monetary Rules With One Gold Ruling | Andy Schectman
Two dollars investing: 4-30-2025
In a move that went unnoticed by nearly everyone, the Bank for International Settlements (BIS) quietly reclassified gold—forever altering the structure of the global financial system.
Andy Schectman breaks down how this one ruling reshaped the balance of monetary power, signaled a silent collapse of confidence in fiat, and exposed the coming gold-backed shift few are prepared for.
Discover why central banks are hoarding gold, what this means for the U.S. dollar, and how the BIS may have just staged the greatest monetary coup of our lifetime.
Some Iraq News Posted by Clare at KTFA 4-30-2025
KTFA:
Clare: Government advisor: Linking national banks with their American counterparts provides a means for economic stability.
4/30/2025 - Baghdad
Prime Minister's advisor, Mazhar Mohammed Salih, confirmed on Wednesday that linking up with US banks provides financing and credit lines for trade and investment in Iraq. He also explained that direct cooperation with more than one US bank reduces the costs of foreign transactions.
“As long as Iraq is within the dollar zone like other OPEC countries, with the US dollar constituting the majority of its financial assets from oil revenues
KTFA:
Clare: Government advisor: Linking national banks with their American counterparts provides a means for economic stability.
4/30/2025 - Baghdad
Prime Minister's advisor, Mazhar Mohammed Salih, confirmed on Wednesday that linking up with US banks provides financing and credit lines for trade and investment in Iraq. He also explained that direct cooperation with more than one US bank reduces the costs of foreign transactions.
“As long as Iraq is within the dollar zone like other OPEC countries, with the US dollar constituting the majority of its financial assets from oil revenues
(t is in our country’s interest to deal equally with the US commercial banking system as a global correspondent for national banks, especially when dealing with more than one US bank operating globally (Global Bank) that has major global branches and arms,” Saleh said in a statement reported by the official news agency and seen by Al-Eqtisad News.
He added, "The Central Bank of Iraq's efforts to link national banks with major banks and financial institutions in the United States, with more than one bank that enjoys international standing, is an important means of providing economic stability and improving the investment, trade, and development climate in our country through integration with the dollar trade, banking, and investment zone, which remains, without a doubt, one of the strongest and most important monetary zones in the world."
He pointed out that "reducing the costs of foreign banking transactions today requires direct banking cooperation with more than one American bank (Global), and that the Central Bank of Iraq is moving in the right, open, and rapid direction in assessing its priorities to serve the stability of the national economy at the level of foreign banking transactions and implementing them with the required speed and high guarantees."
Saleh explained that "the second American bank provides opportunities for Iraqi banks as a global correspondent bank with multiple branches and operations to quickly implement banking operations, whether in transfers or financing foreign trade for our country's markets, without obstacles and with transparency and high governance.
In addition, it provides financing and credit lines for trade and investment in Iraq, as well as benefiting from digital banking services and highly advanced international standards, which will bring our national banks to the required global level.
These are factors that encourage the investment and business climate in our country at the same time, in the midst of integration and cooperation with the international banking system." LINK
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Clare: Ministers, experts, and journalists met... the outcome of the Iraqi Foreign Minister's visit to Washington
4/30/2025
Foreign Minister Fuad Hussein concluded his official visit to Washington, D.C., on Wednesday, during which he met with a number of American officials and representatives of research and media institutions.
The Ministry of Foreign Affairs stated in a statement received by 964 Network:
Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein concluded his official visit to Washington, D.C., which began on Thursday, April 24, 2025. He held a series of high-level meetings with senior U.S. officials and representatives of research and media institutions.
On Friday, April 25, the Minister met with his American counterpart, Mr. Marco Rubio, at the US State Department. The two sides discussed ways to enhance bilateral cooperation, particularly in the political, security, and economic fields. During the meeting, Mr. Fuad Hussein also stressed the importance of reviewing US security warnings regarding travel to Iraq.
At his residence in Washington, the Minister held meetings with a number of senior officials and experts, including Mr. Tim Lenderking, Senior Official in the Bureau of Near Eastern Affairs, and Ms. Victoria Taylor, Deputy Assistant Secretary of State for Iraq and Iran, where they discussed bilateral relations and ways to strengthen them.
On Saturday, April 26, Mr. Fuad Hussein also received Mr. Douglas Silliman, President of the Arab Gulf Research Institute and former US Ambassador to Iraq, Mr. Zalmay Khalilzad, former US Ambassador, in addition to a number of prominent figures in the fields of politics, media, and energy, including Ms. Barbara Leaf, Mr. Kenneth Pollack, Mr. Michael Gordon, Mr. Mark Rowland, Mr. Matthew Zeiss, Dr. Eisen Maroji, Mr. Andrew Parasiliti, and former US Ambassador to Iraq, Alina Romanowski.
As part of his diplomatic activities, the Minister visited the Embassy of the Republic of Iraq in Washington on Monday, April 28, and met with the Iraqi Ambassador to the United States, Mr. Nizar Al-Khairallah, and embassy staff, learning about the progress of work and efforts made to strengthen Iraqi-American relations.
The Minister also participated in two roundtable discussions organized by the Washington Institute for Near East Policy and the Middle East Institute (MEI), attended by a select group of researchers and experts. The discussions addressed regional developments, Iraq's growing role in the region, and the future of relations between Baghdad and Washington.
On Tuesday, April 29, US National Security Advisor Mike Waltz received Mr. Fuad Hussein at the White House, in the presence of a number of senior officials. The meeting discussed regional security and shared challenges.
The Minister also met with US Deputy Secretary of the Treasury, Dr. Michael Falkender, where the two sides discussed Iraq's energy situation and the Iraqi government's efforts to achieve electricity independence.
On the sidelines of the visit, Mr. Fuad Hussein conducted interviews with a number of prominent media outlets, including Al-Sharq Channel, Bloomberg, Sky News, Al-Iraqiya, Rudaw, and Kurdistan 24, during which he addressed Iraq's most prominent positions on regional and international issues.
At the conclusion of his visit, the Minister held a roundtable discussion with a select group of journalists and correspondents from American media outlets at the Iraqi Embassy in Washington. The discussion was attended by Ambassador Nizar Al-Khairallah, members of the accompanying delegation, and embassy staff. He reviewed the most important outcomes of his visit and the prospects for Iraqi-American relations in the coming period. LINK
Clare: Al-Sudani opens doors to Baker Hughes... Iraqi gas on the negotiating table
4/30/2025
Prime Minister Mohammed Shia al-Sudani discussed the Iraqi gas file on Wednesday with Lorenzo Simonelli, Chairman and CEO of Baker Hughes, an American company. Simonelli affirmed that all necessary facilities would be provided for the company's work in Iraq.
The Prime Minister's Office stated in a statement received by Shafaq News Agency, "Al-Sudani received the Chairman and CEO of Baker Hughes, an American oil and energy services company, Lorenzo Simonelli. During the meeting, they discussed prospects for cooperation in the energy sector and reviewed the company's projects in Iraq, including the completion of gas processing units in the Nasiriyah field with a capacity of 200 million standard cubic feet, the first phase of which is expected to be completed before the summer of 2026, while the second phase will be completed in 2027."
Al-Sudani pointed out that "the government is ready to provide all necessary facilities and support for the company's operations in Iraq, in light of government procedures for the entry of businessmen and companies into the Iraqi market," noting that "the government has worked to improve the business environment to attract companies across all sectors."
For his part, Baker Hughes expressed his company's "commitment to implementing energy projects in Iraq and expanding its scope of
work," stressing that "Iraq boasts promising investment opportunities in various fields." LINK
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Clare: Iran announces cooperation with Iraq on oil, associated gas, and offshore exploration.
4/30/2025
Iranian Oil Minister Mohsen Paknejad announced on Wednesday the signing of four joint cooperation documents with Iraq in the oil and gas sector.
In a statement to reporters today, Paknejad said that he had visited Iraq two weeks ago at the invitation of the Iraqi oil minister, during which four cooperation documents were signed.
He added, "Two of these documents are in the form of cooperation plans, including implementation and participation regarding the collection of associated gases in Maysan Governorate and near the border, which could not be released due to a lack of raw materials," adding that "if this project is implemented, it will be possible to launch it."
The Iranian oil minister continued, saying, "There is also another issue related to joint work on offshore exploration operations in areas shared within Iraqi territorial waters and studies related to developing the Khorramshahr field, which is shared with the Sinbad field in Iraq. Documents have been signed in this regard."
Iranian Oil Minister Mohsen Paknejad arrived in Baghdad on Monday, April 14, for a two-day official visit at the invitation of his Iraqi counterpart to discuss ways to enhance cooperation between the two countries in the oil and energy sectors.
An informed source told Shafaq News Agency that the Iranian minister, upon his arrival, held a meeting with the Iraqi oil minister, where they discussed cooperation in the energy sector and signed four memoranda of understanding.
It's worth noting that the Iranian minister met with his Iraqi counterpart, Minister of Electricity Ziyad Ali Fadhil, in February 2024, during which they emphasized enhancing cooperation in the oil, gas, and electricity sectors.
For his part, Iraqi Oil Minister Hayan Abdul Ghani confirmed the signing of memoranda of understanding and agreements with Iran to exchange expertise, serving the interests of both countries and enhancing joint cooperation in various sectors.
Abdul Ghani indicated, in a statement received by Shafaq News Agency, that "Iraq has promising gas investment projects and is working to achieve self-sufficiency in petroleum derivatives."LINK
Bruce’s Big Call Dinar Intel Tuesday Night 4-29-25
Bruce’s Big Call Dinar Intel Tuesday Night 4-29-25
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight it is Tuesday, April 29th and you're listening to the big call. Welcome all over the country, all over the globe, wherever you're tuned in from, wherever you're listening to us. Thank you for tuning in. Glad to have you here tonight. Let's go ahead and pray the call in.
All right, so let's do this. Let's get into our intel for a night. All right.
Now, as you guys know we were close to getting some information that said we would say where we get something by the end of the month, or that's at least what President Trump wanted this to happen while the end of the month is tomorrow, Wednesday, the 30th.
Bruce’s Big Call Dinar Intel Tuesday Night 4-29-25
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight it is Tuesday, April 29th and you're listening to the big call. Welcome all over the country, all over the globe, wherever you're tuned in from, wherever you're listening to us. Thank you for tuning in. Glad to have you here tonight. Let's go ahead and pray the call in.
All right, so let's do this. Let's get into our intel for a night. All right.
Now, as you guys know we were close to getting some information that said we would say where we get something by the end of the month, or that's at least what President Trump wanted this to happen while the end of the month is tomorrow, Wednesday, the 30th.
Now, we didn't get notified today, but the latest information that we're getting from three or more different sources is saying we should get notified tomorrow. It looks like start exchanges on Thursday, the first of May. And anytime we come up and it's close to the end of the month, I always wonder, are they going to push it to the end of the month and then have us exchange and starting on the first that appears to be what is happening
Now, the reason I say that is because we did get information from redemption center - let's call them leaders that said that they're expecting an email 9:15 or so in the morning that will let tomorrow morning that will let them know if we are actually getting notified tomorrow. And it looks good for that
We never know until the emails come out, until our 800 numbers come out from Wells Fargo, but it looks good for that to be occurring, and then for us to get started on Thursday, the first of May, with exchanges and redemption of zim.
Now you guys, we always wonder, when are we going to see the doge payment? When are we going to get R and R? You know, R and R, for those of us who are going to exchange, will it be at the redemption center?
When we get there, they'll either before we exchange or after exchanging, they'll bring that amount up to us. It should be something that's either already in our quantum accounts, or they'll see it and do it, put it in the quantum account. Think it's supposed to be in the quantum accounts, and then that account, of course, is our account.
Oh, and by the way, I don't think I told you guys this. I don't think I told you we already have our quantum card with our names on them. So they have our quantum cards ready for us at the redemption center that seems to correspond with our zip code. Oh, they know our zip code. They have everything on us, especially if you're a zim holder.
Okay, they have we're not going to need to bring much in, because they know who we are. That's an interesting thing that quantum card, remember is three times thicker than normal credit card. It's got three computer chips in it.
We think it's made of titanium It's a really strong thing, and you want to not lose that thing. You want to keep it in a very safe place, because the only reason you really use it is to move funds from your quantum account into your Wells Fargo account or another bank account.
My understanding is you can have up to three bank accounts, or three banks tied to the quantum card. We'll get all the details and everything when we go in, but that was my understanding so far. But it was interesting that they have our quantum accounts already in the location that they think we are, where we are going to do our exchange and redemption of zim . They got that ready to go I found out, oh gosh, I think it was last Thursday. I didn't bring it up, though sometimes I don't remember everything, but that's good news.
The other thing is, you know, I mentioned earlier, President Trump said that we are about to enter the Golden Age, or we're, we're at the start of the Golden Age.
And I think that's symbolic of the gold back currency, which our USN is certainly asset backed and primarily gold back. Yes, we have a lot of gold, plenty of it. And so that's good news, and we're about to move into NESARA but let's talk for a minute before we get into that, let's talk about the other things
People are concerned about their Doge payment - Where's my Doge payment? Well, we had heard that it might be there at the redemption center for us, and then we've heard, oh, want to put it as a direct deposit into the account if you're receiving Social Security where you're getting it, if you if you have a bank account, they know about it.
They know about your bank account by your social security number, and you'll get your DOGE payment there. Those of us who are on social security, they'll use our Social Security bank account. Now, it's different from Social Security, but it's going into the same account where you have your social deposited Okay, that shouldn’t change
Here we are one day away from the last day of April we’re not looking for anything to happen other than 800 numbers that happen tomorrow on the 30th of April, but we are looking to get an increase in social didn't happen this month, like we were told, sorry, but we should get it in May.
We should get Doge in May, and we should get R and R at the redemption center in May, and we should get this RV, hopefully the numbers tomorrow and setting up appointments to begin exchanges on the first of May. So May, it's going to bring a lot more than pretty May flowers. It's going to bring a lot more than that for us.
Let's see if there's anything else that's timely and important on this. There's one other thing I'm thinking about that I heard tonight was You're not going to use your birth certificate. as a form of ID at the exchange location at the redemption center – it’s no longer considered legal, so that they don't want you to bring in a birth certificate.
What you want to use is a passport, if you have it, hopefully it's valid, even if it's not expired. Passport, some of you guys haven't renewed that yet. You know who you are. Bring it anyway, and bring your driver's license or student ID or government issued ID, or what do you got with a picture on it, a picture ID, and I'm going to bring a utility bill – cell phone bill something like that with a home address on it.
I don't know that there's that much else that we're looking for. You know what I mean - is there anything – I keep asking? Is there anything else that needs to be done? Is there anything else that you know that is holding it up?
Now we did have a situation in Europe where we had blackouts in some European countries, and we were told yesterday on Newsmax, which I recommend you Newsmax for years back, said you had Spain and Portugal that had major blackouts. I don't know how long that went on yesterday, and I heard it was a total of nine countries in Europe.
Now I could confirm additional countries. We've heard problems, even with Wells Fargo in connectivity and trying to do transactions, wire transfers, or something like that, yesterday and this morning, they've got those problems resolved.
There was an issue with HSBC and Citibank, but I don't know if that was a nationwide thing here or just specific branches in other parts of the world, because City Bank is in other countries. It's not just here in the US. And of course, HSBC is all over the world with branches and they have more, and they're adding more and more retail locations here in the United States, so we're going to have more HSBC banks too.
But I think I don't know this, but I believe the reasons for blackouts might have had to do with interconnectivity of May. It was the quantum system. Maybe it was the Starlink, but it also could have been connectivity having to do with the switch over to so called free energy that is supposed to start in the first 12 days of May now free energy does not mean zero electric bill.
Free Energy means that the suppliers that we have now supplying electricity to our power stations, power cuts or distribution points, would be free to them. We would have an electric bill, theoretically, 25% or so of what we pay now.
So in other words, we would pay to have the service to pay for maintenance of the lines still to go, at least right now, the distribution is going to be through the electrical grid that we have now, through the grid, and so instead of the whole cost of fuel and everything that we see on our electric bill, it's going to be more like 25% maybe less, but 25% probably is what I'm hearing. Let's say of what it is you have $100 electric bill. Electric Bill, could be 25 so let's see what happens with that.
Bank screen. Let's see. Let's talk about redemption center screens. Redemption center screens, we've got, let's see 18. We had 17 currencies, maybe 18, that were all slightly fluctuating, but going up mostly in value, and those will solidify.
And there was a crawler yesterday morning across the bottom of the redemption center screens that said, pending mean rate spending and 48 in 48 hours. So that was yesterday, Monday, so Wednesday, those rates shouldn't be solid, and I think they need to be solid for the exchanges to begin.
Now, does that mean we start tomorrow? I don't know. Maybe, maybe it could be that we start off first though, which is Thursday. So I just think it’s interesting that the rates are scrolling across the bottom. The method is scrolling rather because the rates were fluctuating, you could see the rates, you could see the amounts, you could see the rates, the currencies and so on.
But the crawler across the bottom of the screen said pending 48 so I think that's a good sign. And the rollout that we're looking for is we think the bond holders will be messaged with an email that said they will have access to funds. We think sometime tomorrow, possibly around one or 1130, to noon in that time frame, when they get access to their funds in their accounts. The money is already in the accounts for the bondholders they've been emailed that - when they can access those funds, where they access those funds.
At that time, we're supposed to be sent our notification, 800 number so that we can put payments and the whole thing bondholders to us, should be a rollout, six to 48 hours. It's kind of a shotgun start, and it's a little bit skewed. It might not be exactly at the same time, but if the bond holders have access to funds, when we can we get to set our appointments and go, we're close. We're close. We're maybe 24 hours and maybe 24 hours ahead of us.
Now we'll see. We'll find out when they get access to their accounts, and then we should able to set our appointments. And who knows, may we start tomorrow, but I don't know, but my guts says that before Thursday start for our exchanges on the first day of the month of May.
But that's what I wanted to bring tonight –
So let's do this. Let’s pray the call out, but let's have a wonderful time looking at emails. Get an email out to sue, take advantage of the sale Bob's got going on and do that, and then we'll see what happens tomorrow, if we get our numbers, which I expect to set our appointments, and we're up and running, and that way Thursdays call, hopefully will be our celebration call. All right, so watch your emails
Bruce’s Big Call Dinar Intel Tuesday Night 4-29-25 REPLAY LINK Intel Begins 1:23:43
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Bruce’s Big Call Dinar Intel Friday Morning 4-19-25 REPLAY LINK INTEL ONLY No Transcription
Bruce’s Big Call Dinar Intel Thursday Night 4-18-25 RECORDING FAIL
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Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 4-30-25
Good Morning Dinar Recaps,
COINBASE URGES SUPREME COURT TO WEIGH IN OVER IRS'S ACCESS TO CUSTOMER DATA
▪️Coinbase said the Supreme Court should clarify the third-party doctrine, which says that people who give information to third parties, such as banks, should not have an expectation of privacy.
▪️Others have filed amicus briefs, including billionaire Elon Musk, the Cato Institute, and the DeFi Education Fund.
Good Morning Dinar Recaps,
COINBASE URGES SUPREME COURT TO WEIGH IN OVER IRS'S ACCESS TO CUSTOMER DATA
▪️Coinbase said the Supreme Court should clarify the third-party doctrine, which says that people who give information to third parties, such as banks, should not have an expectation of privacy.
▪️Others have filed amicus briefs, including billionaire Elon Musk, the Cato Institute, and the DeFi Education Fund.
Coinbase urged the U.S. Supreme Court to consider a case involving the Internal Revenue Service that it says "sets a dangerous precedent" surrounding customers' personal data.
The crypto exchange said the Supreme Court should clarify the third-party doctrine, which says that people who give information to third parties, such as banks, should not have an expectation of privacy.
"This Court’s guidance is especially important here because this case involves a new technology—blockchain— that is particularly susceptible to surveillance abuse," the firm said in an amicus brief filed on Wednesday with the Supreme Court.
The IRS demanded records from Coinbase almost a decade ago from thousands of its customers, including information involving security settings, transactions, and correspondence. The company pushed back, but a district court later said Coinbase had to comply, but narrowed the IRS's search according to the filing.
In 2020, petitioner James Harper, a Coinbase customer, filed a suit against the IRS for its role in the alleged unlawful seizure of information that identified him as a crypto holder.
Now it's up to the Supreme Court to decide if it wants to take Harper's case up. Others have filed amicus briefs, including billionaire Elon Musk, the Cato Institute, and the DeFi Education Fund.
Coinbase Chief Legal Officer Paul Grewal said the company supports complying with tax rules, but said the IRS went too far.
"We believe in tax compliance, but this goes far beyond a narrow and tailored request and far beyond crypto," Grewal said Wednesday in a post on X. "This applies to banks, phone companies, ISPs, email, you name it. As we explain here, you should have the same right to privacy for your inbox or account as you have for a letter in your mailbox."
@ Newshounds News™
Source: The Block
~~~~~~~~~
ZIMBABWE REINTRODUCES GOLD COINS SALE TO STRENGTHEN CURRENCY RESERVES
https://goldseek.com/article/zimbabwe-reintroduces-gold-coins-sale-strengthen-currency-reserves
As gold prices skyrocket, the Reserve Bank of Zimbabwe (RBZ) has resumed issuing gold coins.
The central bank introduced the coins in June 2022. The program was touted as a way for investors to store value in the face of rampant inflation. At the time, a Zimbabwean brokerage firm analyst told Al Jazeera that the coin was a “welcome development.”
“For a long time, the market did not have many investment options, and this is a new asset class. The thinking was inspired by the need to come up with an instrument that addresses the inflation problems in the economy, where purchasing power has been eroded. From what we are gathering, this is going to be a store value.”
He went on to say that the fundamentals of gold help it hedge against inflation and geopolitical risk, and that the gold coins would open the gold market to “ordinary investors.”
The RBZ suspended the sale of the coins 10 months ago, but they are now being reintroduced through local banks.
Fidelity Gold Refineries (Private) Limited mints the 22-carat "Mosi-Oa-Tunya" coin. It is available in various sizes, ranging from 1/10 ounce to 1 ounce.
The Zimbabwe central bank owns Fidelity Gold Refineries (Private) Limited, and it operates as the only gold-buying and refining entity in the country.
RBZ monetary policy committee member Persistence Gwanyanya told Bloomberg that the reintroduction of the gold coins comes at a time when “gold is more attractive to the market,” and that the move “supports our value preservation efforts.”
“We are taking advantage of firm gold prices and re-injecting the gold coins into the market.”
According to the Bloomberg article, the hope is that resuming gold coin sales will “ramp up the bullion stockpile used to back up the local currency, the ZiG.”
You might be wondering how selling gold increases a bullion stockpile.
The answer is it doesn't. Bloomberg seems to be oversimplifying a monetary policy scheme that will increase the reserves backing the ZiG, but won't increase the country's gold reserves specifically.
@ Newshounds News™
Source: GoldSeek
~~~~~~~~~
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News, Rumors and Opinions Wednesday 4-30-2025
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 Wed. 30 April 2025
Compiled Wed. 30 April 2025 12:01 am EST by Judy Byington
Global Currency Reset: (Rumors)
Tues. 29 April 2025 The clock has run out. …Wikileaks Secrets on Telegram
As of this week, sources within the Pentagon (allegedly) confirm that joint military operations between Russia, China, and White Hat factions in the U.S. have begun seizing offshore accounts holding trillions in stolen assets. These funds will (allegedly) be redirected into humanitarian projects post-reset.
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 Wed. 30 April 2025
Compiled Wed. 30 April 2025 12:01 am EST by Judy Byington
Global Currency Reset: (Rumors)
Tues. 29 April 2025 The clock has run out. …Wikileaks Secrets on Telegram
As of this week, sources within the Pentagon (allegedly) confirm that joint military operations between Russia, China, and White Hat factions in the U.S. have begun seizing offshore accounts holding trillions in stolen assets. These funds will (allegedly) be redirected into humanitarian projects post-reset.
BRICS-PLUS TAKES THE LEAD — GOLD-BACKED ECONOMY LAUNCHES: While the Western fiat system collapses, the BRICS-Plus alliance has officially greenlit the Global Currency Reset.
Russia and China are now dumping U.S. Treasuries, moving fully into gold-backed trade with South Africa, Brazil, India, and Indonesia.
Asian Dragon family sources (allegedly) confirm 50,000 metric tons of gold have been moved from underground bunkers in the Philippines and Indonesia to secure vaults for the post-reset economy.
The Federal Reserve, IMF, and World Bank? Their days are numbered.
WHAT COMES NEXT
• Global media blackouts imminent
• Asset redistribution to fund global humanitarian projects
Prepare for the unexpected. The old system will not go quietly. But their fall is inevitable. THE RESET IS IN MOTION.
~~~~~~~~~~
Tues. 29 April 2025 Wolverine: “Bond Holders are (allegedly) liquid in their accounts. Money is defiantly moving.”
Tues. 29 April 2025 Bruce:
Three or four different sources say Tier4b (us, the Internet Group) should get notified Wed. 30 April and start exchanges on Thurs. 1 April.
Exchange Center personnel say they are (allegedly) getting an email tomorrow about getting started on exchanges by Thurs. 1 May.
Our Quantum Cards with our name on them are (allegedly) already at the Redemption Center where we are going to do our exchanges. The Quantum Card is used to move funds from your Quantum Account to your regular bank account.
Our R&R reimbursement payment will be (allegedly) in our accounts at the Redemption Center.
DOGE payments will be(allegedly) put directly in your regular bank account in May.
We should get increase in SS payments in May.
Birth Certificates were(allegedly) no longer considered legal, so don’t bring them to the exchange. Bring a picture ID like a Drivers License.
18 new rates were scrolling up and down on Redemption Center Screens and a message on the screen said that those rates should be solid on Wed. 30 April.
Read full post here: https://dinarchronicles.com/2025/04/30/restored-republic-via-a-gcr-update-as-of-april-30-2025/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat We witnessed so many banking and financial reforms in the past couple years...an article from...(April 15th)...once again telling us the black market (parallel market) may soon be completely gone come this June 2025...the remaining 5% of the cash payments for imports will be moved over also to the correspondent banks, as was the other 95% last December 2024. This will finally kill the remaining 5% of the black market. Hurrah, hurrah! This had to be done and the CBI told us this years ago. It is about to be reality...it is finally going to be done...This is going to happen suddenly and when you least expect it. They are almost there now.
Militia Man It's amazing to see how far the central bank has come. They're in line with the global markets and they're going to have what I believe is to be inner connectivity...Iraq's ability to move away from the parallel market has been epic...95% of all transactions are outside of the parallel market.
FED Guts Stress Tests as Big Banks Win, Depositors Lose
Taylor Kenny: 4-29-2025
The same banking giants responsible for the 2008 financial crisis are quietly reshaping regulations—again.
But this time, the threat isn’t bad mortgages; it’s U.S. Treasuries, consumer debt, and weakened bank stress testing. At the center of this shift is the Federal Reserve, and vocal support from banking leaders like Jamie Dimon.
For anyone with money in a U.S. bank, this change could be devastating.
A New Gold Standard, Evidence and Path to $10,000 Gold Intensifies
A New Gold Standard, Evidence and Path to $10,000 Gold Intensifies
Mike Maloney: 4-29-2025
The global economic landscape is constantly shifting, but recent murmurings suggest a seismic change could be on the horizon: a return to a gold-backed monetary system.
In a provocative new discussion, economist and precious metals expert Mike Maloney presents compelling evidence suggesting this shift is not only possible, but increasingly likely.
A New Gold Standard, Evidence and Path to $10,000 Gold Intensifies
Mike Maloney: 4-29-2025
The global economic landscape is constantly shifting, but recent murmurings suggest a seismic change could be on the horizon: a return to a gold-backed monetary system.
In a provocative new discussion, economist and precious metals expert Mike Maloney presents compelling evidence suggesting this shift is not only possible, but increasingly likely.
This potential reordering of the global financial system could have profound implications for everyone, making it crucial to understand the driving forces behind it.
Maloney’s analysis points to several key indicators, starting with potentially unexpected sources. He highlights documented instances of Donald Trump advocating for gold-centric economic strategies, suggesting a possible long-term vision for a gold-backed dollar.
While this idea might seem radical to some, Maloney argues it aligns with a growing sentiment among certain economic circles.
Beyond political rhetoric, Maloney delves into what he perceives as crucial “behind-the-scenes” maneuvers. He suggests the U.S. Treasury, along with global elites, are quietly preparing for a significant change to the monetary system. While concrete proof remains elusive, the implications of such preparations are significant.
One of the strongest arguments for a potential return to gold lies in the surging global flows of the precious metal. Nations are increasingly stockpiling gold reserves, a trend that historically signifies a move away from reliance on fiat currencies.
This accumulation can be seen as a hedge against economic uncertainty and a preparation for a world where gold plays a more central role in monetary stability.
Further fueling the speculation is the activity surrounding COMEX, the world’s largest commodity futures exchange. Maloney argues that preparations within COMEX point to an awareness of a potential financial crisis and a need to manage a surge in demand for physical gold.
This heightened activity, coupled with historical precedent, paints a picture of a system bracing for a significant disruption.
History provides valuable lessons in understanding these trends. Throughout history, periods of economic instability have often led to a renewed interest in gold as a store of value.
As fiat currencies fluctuate and lose purchasing power, the tangible nature and inherent value of gold become increasingly attractive.
Maloney uses historical examples to illustrate the potential pitfalls of relying solely on fiat currencies and the stabilizing role gold can play in a turbulent economy.
So, what does all this mean for the average individual? Maloney suggests that a return to a gold-backed monetary system could trigger a massive wealth transfer.
Those who are prepared and positioned to understand the transition could potentially benefit significantly, while those who are unprepared risk being left behind.
Ultimately, the question remains: will we witness a return to a gold-backed monetary system?
While definitive answers are impossible to provide, the evidence presented by Maloney and others suggests that the possibility is far from negligible. Understanding these trends, analyzing the data, and taking proactive steps to protect your financial future could be crucial in navigating the potential economic shifts ahead.
It’s time to consider: will you be positioned for what could be the greatest wealth transfer of our lifetime?
Early Coffee with MarkZ. 04/30/2025
Early Coffee with MarkZ. 04/30/2025
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
MZ: I am traveling to Miami today. I appreciate all the safe travel wishes. I will be stateside until May 11th.
MZ: On the bond side I do have a person tracking their wires. The wire did indeed initiate but the funds have not been received yet. They did get an update this morning saying it would be about a 3 day process.
Early Coffee with MarkZ. 04/30/2025
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
MZ: I am traveling to Miami today. I appreciate all the safe travel wishes. I will be stateside until May 11th.
MZ: On the bond side I do have a person tracking their wires. The wire did indeed initiate but the funds have not been received yet. They did get an update this morning saying it would be about a 3 day process.
MZ: Hopefully we will know more in a day or two. We are crossing our fingers. It looks like this may be underway
MZ: I will keep you all up to date as I get updates myself.
Member: 3 days for a bank wire?
MZ: That lets us know we are still under the old SWIFT system. We were told a long time ago that the initial bonds would be done under the old system…then it would reset. So I will take this as good news.
Member: The Simpsons predicted the end of the world in April. Is it the end of the fiat world???
MZ: Let’s hope it’s the end of the fiat world.
Member: if your bond contact can track the bank wire…what does that mean for timing for us?
MZ: I don’t know. But I was always told about 3-5 days after enough of the bond s were done- that is when we went.
MZ: The money is traveling from Europe to the US for this specific bond holder.
MZ” “Secretary of state to the American press: Iraq is keen to continue security cooperation with the US” they want to deepen ties…not sever ties. This is important for their safety and stability.
MZ: ” Round of political consultations between Iraq and Switzerland in Baghdad” International!! What does a fully international country need? A fully international rate.
MZ: I hope to maintain a normal schedule while I am traveling. No whiskey and wisdom tonight and no stream tonight. We hope to have 2 podcasts tomorrow and one on Friday and Saturday AM….Morning podcasts should be normal next week.
Member: Safe travels Mark……See you all tomorrow morning.
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
Iraq Economic News And Points To Ponder Wednesday Morning 4-30-25
Finance: Work Is Underway To Implement The ASYCUDA System In Customs
economy | 10:24 - 04/29/2025 Mawazine News – Baghdad The Ministry of Finance confirmed, on Tuesday, that it is proceeding with automation programs in the ministry's sectors, while indicating that work is underway to implement the ASYCUDA system in the customs sector.
The Director General of the Financial and Accounting Training Center at the ministry, Ahmed Al-Dahlaki, said: "The Ministry of Finance is proceeding with the issue of automation and a comprehensive system in the ministry's sectors, including the banking sector."
Finance: Work Is Underway To Implement The ASYCUDA System In Customs
economy | 10:24 - 04/29/2025 Mawazine News – Baghdad The Ministry of Finance confirmed, on Tuesday, that it is proceeding with automation programs in the ministry's sectors, while indicating that work is underway to implement the ASYCUDA system in the customs sector.
The Director General of the Financial and Accounting Training Center at the ministry, Ahmed Al-Dahlaki, said: "The Ministry of Finance is proceeding with the issue of automation and a comprehensive system in the ministry's sectors, including the banking sector."
He explained that "work is underway to implement the ASYCUDA system in the customs sector, as experts at the United Nations are training employees for the purpose of its implementation."
He added that "other departments in the ministry are working on digital transformation and automation," noting that "part of the work of the Financial and Accounting Training Center is capacity building, and there are intensive courses at the center for this purpose https://www.mawazin.net/Details.aspx?jimare=260982
Al-Eqtisad News Publishes The Full Minutes Of The Cabinet Session.
Money and Business Economy News – Baghdad Al-Eqtisad News publishes the full minutes of the 17th Cabinet session held on Tuesday, chaired by Prime Minister Mohammed Shia al-Sudani.
The Prime Minister's media office said in a statement seen by Al-Eqtisad News, "Al-Sudani chaired the 17th regular Cabinet session today, Tuesday, during which the general situation in the country was discussed, a number of files included in the government's strategic plans were followed up, in addition to discussing the topics on the agenda and taking the necessary decisions regarding them."
The statement added, "The Council of Ministers agreed to authorize the Mayor of Baghdad and the governors, according to their specialization, to allocate plots of land belonging to municipal institutions to government service departments for use for official purposes, based on the provisions of the Municipal Administration Law (165 of 1964) as amended."
He added, "Within the framework of the strategic agreement signed between Iraq and Turkey during the Turkish President's visit to Baghdad last April, the Council authorized the Minister of Water Resources to issue invitations and sign contracts to implement projects such as the Al-Jazeera Irrigation Project, the Hawija Irrigation Project, the Abu Takia Dam Project, the Al-Abyad Dam Project, and the Khazar Dam Project."
He pointed out that "as part of the government's efforts in the environmental field, the Council voted to adopt the "National Initiative for Environmental Monitoring and Inspection" as a strategic national measure, taking into consideration amending the initiative to include the Ministry of Environment contracting with relevant authorities to provide technical and logistical support to the environmental monitor in accordance with the law."
He continued: "Within the framework of health efforts to confront epidemics, the Council of Ministers approved the recommendations of the Diwani Order Committee (23514 of 2023) as follows:
1- Establishing the National Committee for One Health, the national body responsible for managing all health and epidemic events and crises, and making the necessary decisions to protect society. It will be the body responsible for evaluating and directing events with the relevant authorities, to ensure an integrated and coordinated response to epidemic diseases.
2- Allowing the import of meat or live animals, with emphasis on taking all necessary measures to ensure their safety before and after their entry into Iraq, in order to preserve food security.
3- The Ministry of Finance shall finance an amount of (3) billion dinars, from the emergency reserve budget, to the National Committee for One Health, to enable it to implement measures to control the spread of diseases, according to its operational plan, in a way that contributes to controlling diseases, including media, awareness, guidance and oversight activities, according to the classification of the Ministry of Health, as follows: (1.750) billion dinars to the Ministry of Agriculture, (1) billion dinars to the Ministry of Health, and (250) million dinars to the Ministry of Environment.
4- Providing continuity of service to government slaughterhouses for a period of (3-5) years, after qualifying them with the necessary requirements, processing units and veterinary supervision.
The statement added, "In the electricity file, the Council approved the following:
First: The invitation for long-term maintenance (LTSA) for the (DIBIS 2×160 MW GTE-160) units for a period of five years, for the (Dibs Gas Power Plant) under the supervision of the German company (Siemens Energy), with a period of implementation and maintenance of (5 years), according to the time schedule, and a continuous operation guarantee period of 5 years and (365 days) at the expense of the operating budget of the Ministry of Electricity after the last maintenance, and from an American or European origin, arriving at the station site at the expense of the German company, and authorizing the General Manager of the General Company for Electricity Transmission/Northern Region to sign the contract with the company.
Second: Referring the invitation for the supply of materials/first phase for the rehabilitation of units (1, 2, 4) of the Al-Musayyab Thermal Power Plant, to the German company (Siemens Energy), according to the payment method submitted by the company, and authorizing the General Manager of the General Company for the Production of Electricity/Middle Euphrates the authority to refer and contract, provided that the procedures for the contract are in accordance with the instructions for implementing government contracts (2 of 2014) and the controls attached to it.
The statement highlighted that, "In the transportation sector, approval was given to authorize the Minister of Transportation to negotiate and sign a draft cooperation agreement between Iraq and Tunisia in the field of maritime transport, based on the provisions of the Constitution. ‘
The Ministry of Foreign Affairs will prepare the necessary authorization document and submit it to the General Secretariat of the Council of Ministers for the Prime Minister's signature."
The Council approved the draft law on the protection of volunteer first responders and rescuers, which was reviewed by the State Council, and referred it to the House of Representatives, taking into account the comments of the Legal Department of the General Secretariat of the Council of Ministers, in light of the changes made by the State Council to the aforementioned draft law.
He explained that, "Within the government's work on infrastructure projects and the completion of those that are lagging behind, the following was approved:
1. Increasing the total cost and reserve amount for the project contract (construction of the second lane of the Rumaitha-Najmi Road, with a length of (12,700 km) included in the budget of Muthanna Governorate, with amending the project name to include details of the new section.
2. Creating a component (consultant/resident engineer for the complementary works project to establish a hospital in Basra Governorate) including the reserve amount, with an increase in its total cost, along with an increase in the total cost of the project (establishing a hospital in Basra Governorate).
3. Increase the reserve amount and the total cost of the contract (engineering supervision of the construction project of the General Secretariat of the Council of Ministers building).
The statement concluded, "Within the framework of completing the oil refinery projects, the Council approved increasing the cost of the component (granting license P/2171/2 (FCC, CCR, NHT, PENEX)) and increasing the reserve amount for the aforementioned contract within the total cost of the (Karbala Refinery) project." 57 views 04/29/2025 - https://economy-news.net/content.php?id=54952
A Parliamentary Committee Announces Its Intention To Pass "Important Legislation" In The Next Parliamentary Session.
economy | 05:26 - 04/29/2025 Mawazine News - Baghdad – The head of the Parliamentary Finance Committee, Atwan Al-Atwani, announced today, Tuesday, that the committee will submit the law of the General Authority for Monitoring the Allocation of Federal Revenues to the second reading in the next session of the House of Representatives.
A statement from his office, received by Mawazine News, stated that Al-Atwani "chaired, today, the closing session of the specialized workshop held by the Parliamentary Finance Committee in cooperation with the International Partners Foundation to discuss ways to maximize federal revenues,
" indicating that "the workshop completed on its second day the discussion of the proposed amendments to the Law of the General Authority for Monitoring the Allocation of Federal Revenues No. (55) of 2017, with the aim of activating its work by adding new tasks and powers, setting mechanisms for implementing its duties, and defining the nature of the connection and relationship with the relevant authorities."
Al-Atwani said, "The Finance Committee is proceeding with its practical steps regarding diversifying sources of income and the gradual transition towards a diversified economy and not relying excessively on oil in financing the state budget."
He added, "The committee is determined to proceed with the second reading of the first amendment to the Federal Revenue Allocation Monitoring Authority Law, after completing discussions and exchanging ideas, with the aim of activating this constitutional institution so that it can assume its true role in analyzing and evaluating the revenues of each government institution and setting realistic estimates of their revenues, whether from services or investment of assets and economic and development activities, in addition to monitoring their collection."
Al-Atwani pointed out, "The approval of this law, as we plan, represents the culmination of the efforts of the Finance Committee during this parliamentary session, and a national achievement that we are entitled to be proud of, especially since this strategic direction represents a real guarantee for a strong and robust economy, which secures the future of coming generations.
https://www.mawazin.net/Details.aspx?jimare=261007
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Wednesday Morning 4-30-25
Good Morning Dinar Recaps,
BRICS: INDIA SEEKS TO BE A MAJOR REPLACEMENT SUPPLIER TO THE US IN TRADE
India hopes to establish a new deal with the US on trade quickly, as the country seeks to become a major replacement supplier in areas vacated by China in trade.
New Delhi says its prepared to include a sweetener in trade talks with the US that would “future-proof” a deal by ensuring no other trade partners could have superior terms. “This clause, in a sense, future-proofs the U.S. deal and is the only way to do so,” one of the officials said.
Good Morning Dinar Recaps,
BRICS: INDIA SEEKS TO BE A MAJOR REPLACEMENT SUPPLIER TO THE US IN TRADE
India hopes to establish a new deal with the US on trade quickly, as the country seeks to become a major replacement supplier in areas vacated by China in trade.
New Delhi says its prepared to include a sweetener in trade talks with the US that would “future-proof” a deal by ensuring no other trade partners could have superior terms. “This clause, in a sense, future-proofs the U.S. deal and is the only way to do so,” one of the officials said.
Indian government officials are pushing for the deal to be accepted by the Trump Administration as soon as possible. Despite the tensions between the nation and the BRICS alliance, the US and India have been in revised trade talks for months.
The potential US-India trade deal represents a significant step forward in bilateral economic relations between the two nations. Secretary Bessent’s statements this week and India’s latest proposal suggest that negotiators have already made substantial progress in these ongoing discussions.
Right now, the US actively pursues trade agreements with several Asian nations as well. The Treasury Secretary provided some additional insight into these diplomatic efforts during his recent CNBC interview on Monday. Bessent stated: “The U.S. had also held very substantial negotiations with Japan, and discussions with other Asian trading partners were going well.”
India has already made several offers and pre-emptive concessions to the U.S. on trade, showing itself more eager than several other big U.S. trading partners. Unlike China, Canada, and the European Union, India has been very supportive of the Trump administration and has established a solid partnership. Furthermore, the country also wants to avoid the proposed 26% tariff on itself from the US.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
EU SECURITIES WATCHDOG ESMA ISSUES GUIDELINES TO COMBAT MARKET ABUSE IN CRYPTO ASSETS UNDER MICA
On April 29, 2025, the European Securities and Markets Authority (ESMA) published guidelines to enhance supervisory practices for preventing and detecting market abuse in crypto assets under the Markets in Crypto Assets Regulation (MiCA).
Tailored for National Competent Authorities (NCAs), the guidelines draw on ESMA’s experience with the Market Abuse Regulation (MAR) and address the unique aspects of crypto trading, such as its cross-border nature and heavy reliance on social media.
They emphasize risk-based, proportionate supervision and aim to foster a unified supervisory culture through industry dialogue and NCA collaboration.
The guidelines will be translated into all EU languages, take effect three months after publication, and require NCAs to confirm compliance within two months, though ESMA encourages immediate adoption of the principles.
@ Newshounds News™
Source: Bitcoin News
~~~~~~~~~
🇪🇺 LATEST: Europe's second largest neobank, Bunq partners with Kraken to offer crypto trading services for its banking app users in six European countries starting April 29.
@ Newshounds News™
Source: @Cointelegraph on Telegram
~~~~~~~~~
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Q & A Classroom Link
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“Tidbits From TNT” Wednesday Morning 4-30-2025
TNT:
Tishwash: The Central Bank announces the launch of the Arab Financial Inclusion Week 2025.
Under the slogan "Promoting the Integration of People of Determination and Vulnerable Groups into the Formal Financial System," Financial Inclusion Week activities in Iraq kicked off this morning, Sunday, April 27, and will continue until May 5 of this year.
These activities are in line with the Central Bank of Iraq's efforts to promote financial inclusion in society and raise financial and banking awareness among various segments of society, especially those least benefiting from formal financial services. This will contribute to supporting economic and social development and achieving sustainability.
TNT:
Tishwash: The Central Bank announces the launch of the Arab Financial Inclusion Week 2025.
Under the slogan "Promoting the Integration of People of Determination and Vulnerable Groups into the Formal Financial System," Financial Inclusion Week activities in Iraq kicked off this morning, Sunday, April 27, and will continue until May 5 of this year.
These activities are in line with the Central Bank of Iraq's efforts to promote financial inclusion in society and raise financial and banking awareness among various segments of society, especially those least benefiting from formal financial services. This will contribute to supporting economic and social development and achieving sustainability.
The week's activities include organizing workshops, exhibitions, direct awareness campaigns, and field trips aimed at spreading financial literacy across bank branches and financial institutions spread across all governorates. Activities will also be organized outside the branches in coordination with the Association of Islamic Banks, the Association of Private Commercial Banks, and the "We Will Reach You" and "Spare You" campaigns approved by the Central Bank.
Central Bank of Iraq
Media Office
April 27, 2025 link
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Tishwash: To support small and medium-sized enterprises, a financing partnership was signed with the German Development Bank.
The Ministry of Planning announced today, Tuesday, the signing of a strategic financing partnership between the International Labor Organization and Iraqi financial institutions, within the framework of the Small and Medium Enterprises Development and Enhancement Project, funded by the German Development Bank (KfW).
Sabah Jundi Mansour, Director General of Economic and Financial Policies at the Ministry of Planning, explained in a statement received by Kalima News that "the importance of this partnership lies in supporting economic policies that focus on creating sustainable job opportunities and enhancing social protection, especially for vulnerable groups," noting that "the project represents a practical step toward activating responsible investment and linking financing tools to fair and comprehensive development policies."
He pointed to "the role of Iraqi financial institutions in embracing qualitative cooperation with the International Labour Organization, which will enhance financial inclusion and open new horizons for entrepreneurship and local development."
It is worth noting that "this partnership is part of joint efforts to support Iraq in achieving the Sustainable Development Goals, particularly Goal 8 on decent work and economic growth, and Goal 1 on eradicating poverty." link
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Tishwash: Due to the drop in oil prices, the Iraqi government is considering canceling the 2025 budget.
An Iraqi cabinet source said on Wednesday that the government is considering canceling the 2025 budget due to the drop in oil prices, which has increased the country's fiscal deficit .
The source told Shafaq News Agency, "The Council of Ministers did not formally discuss the budget schedules in its previous sessions, and Finance Minister Taif Sami informed the Council of Ministers that there is a large deficit in the budget schedules ."
He added, "Under current conditions, there will be no budget this year due to the decline in oil prices, which has directly impacted financial revenues and increased the deficit in the 2025 budget ."
The source explained that "if the budget is cancelled, Finance Minister Taif Sami may issue a decision to release bonuses and promotions for state employees that were halted and delayed due to the budget."
On April 16, the Parliamentary Finance Committee warned against adjusting the price of a barrel of oil in the Iraqi federal general budget due to the decline in global oil prices .
Committee member Jamal Kocher told Shafaq News Agency, "The price of a barrel of oil was set in the general budget law at $70 per barrel. At the time, the price of a barrel of oil was more than $70. It is not yet known whether the government has adjusted the price of a barrel of oil in the budget or not ."
Kocher pointed out that "the Iraqi state's operating budget is only 90 trillion dinars, and if the price of a barrel of oil falls below $60 and this is not addressed, this will lead the country to enter a financial crisis, and the government will spend the financial revenue from oil on employee salaries only link
Mot: . Spring is in da Air!!!!
Mot Sorry!! --- ((( heeee heeee heeee )))
