Iraq Economic News and Points to Ponder Tuesday Evening 4-15-25
Oil Continues Its Losses
Time: 2025/04/14 07:56:56 Read: 2,685 times {Economic: Al Furat News} Oil prices fell on Monday, amid concerns that the escalating trade war between China and the United States could weaken global economic growth and undermine fuel demand.
By 01:26 GMT, Brent crude futures were down 29 cents, or 0.45%, at $64.47 a barrel, while West Texas Intermediate crude futures were down 27 cents, or 0.44%, at $61.23 a barrel.
Oil Continues Its Losses
Time: 2025/04/14 07:56:56 Read: 2,685 times {Economic: Al Furat News} Oil prices fell on Monday, amid concerns that the escalating trade war between China and the United States could weaken global economic growth and undermine fuel demand.
By 01:26 GMT, Brent crude futures were down 29 cents, or 0.45%, at $64.47 a barrel, while West Texas Intermediate crude futures were down 27 cents, or 0.44%, at $61.23 a barrel.
Both crudes have lost about $10 a barrel since the beginning of the month, as the trade war between the world's two largest economies escalates, according to Reuters.
Goldman Sachs expects Brent crude to average $63 per barrel, while West Texas Intermediate (WTI) crude is expected to average $59 per barrel for the remainder of this year. Brent crude is expected to average $58 per barrel and WTI crude $55 per barrel in 2026. LINK
Rising Oil Prices
Economy | 09:40 - 04/15/2025 Mawazine News – Baghdad Oil prices rose in early trading on Tuesday, supported by new tariff exemptions announced by US President Donald Trump and a rebound in Chinese crude oil imports in anticipation of a decline in Iranian supplies.
Brent crude futures rose 27 cents, or 0.42 percent, to $65.15 a barrel by 00:46 GMT, while U.S. West Texas Intermediate (WTI) crude gained 26 cents, or also 0.42 percent, to $61.79.
In the latest development in a tense trade war, Trump said he was considering adjusting the 25 percent tariffs imposed on auto and auto parts imports from Mexico, Canada and other countries. U.S. erratic trade policies have created uncertainty in global oil markets and prompted the Organization of the Petroleum Exporting Countries (OPEC) on Monday to cut its demand forecast for the first time since December.
The Trump administration announced on Friday that it would grant exemptions from tariffs on smartphones, computers and some other electronic goods, most of which are imported from China. That pushed both benchmark crude oil prices to a slight gain on Monday.
Trump said on Sunday he would announce tariffs on imported semiconductors next week, and filings in the Federal Register, the government's official journal, on Tuesday showed that the administration began investigating semiconductor imports on April 1 as a prelude to imposing tariffs.
Prices were also supported by data on Monday showing China's crude oil imports in March rose about 5% from a year earlier, as it increased purchases of Iranian oil in anticipation of tighter US sanctions.
Kazakhstan said on Monday its oil production fell 3% in the first two weeks of April from the March average, confirming a Reuters report, although its output remains above its quota in OPEC+, the grouping of OPEC and allies led by Russia. https://www.mawazin.net/Details.aspx?jimare=260785
Gold Prices Stabilize In Baghdad Markets
Stock Exchange Economy News – Baghdad Foreign and Iraqi gold prices stabilized in local markets in the capital, Baghdad, on Tuesday (April 15, 2025).
Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, witnessed this morning a selling price of one mithqal of 21-karat Gulf, Turkish and European gold of 666 thousand dinars, and a purchase price of 662 thousand dinars.
The selling price of one mithqal of 21-karat Iraqi gold reached 636,000 Iraqi dinars, and the buying price was 632,000 Iraqi dinars.
As for gold prices in jewelers' shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 665,000 and 675,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 635,000 and 645,000 dinars. https://economy-news.net/content.php?id=54456
Today's Dollar Prices
economy | 11:39 - 04/15/2025 Mawazine News – Baghdad The exchange rate of the US dollar against the Iraqi dinar witnessed a rise in the currency markets in the capital, Baghdad.
The dollar price rose on the Al-Kifah and Al-Harithiya stock exchanges to 147,400 Iraqi dinars for every $100, while yesterday's price, Monday, was 147,300 dinars for every $100.
The selling price at exchange shops in the local markets in Baghdad reached 148,500 Iraqi dinars for every $100, and the buying price reached 146,500 dinars for every $100. https://www.mawazin.net/Details.aspx?jimare=260788
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Tuesday Evening 4-15-25
Good Evening Dinar Recap
XRP ETFS LIKELY NEXT TO GET SEC APPROVAL, BEATING DOGE AND SOLANA: KAIKO
XRP exchange-traded funds may be the next SEC-approved product that gives investors exposure to crypto, according to data firm Kaiko.
An XRP-focused exchange-traded fund is more likely to receive approval than other recently proposed spot funds tracking other major altcoins, market research firm Kaiko said in a report released Monday.
Good Evening Dinar Recap
XRP ETFS LIKELY NEXT TO GET SEC APPROVAL, BEATING DOGE AND SOLANA: KAIKO
XRP exchange-traded funds may be the next SEC-approved product that gives investors exposure to crypto, according to data firm Kaiko.
An XRP-focused exchange-traded fund is more likely to receive approval than other recently proposed spot funds tracking other major altcoins, market research firm Kaiko said in a report released Monday.
XRP's front-runner position comes because of the underlying token's high liquidity, said Kaiko. Spot volume for XRP on American exchanges recently hit its highest level since before a long-running lawsuit in 2020 led to delistings, Kaiko noted in its report. XRP is the fourth-largest cryptocurrency by market cap.
Kaiko added that the SEC's prior approval of a fund giving investors exposure to the coin also worked in XRP's favor. U.S. asset manager Teucrium Investment Advisors launched a 2x leveraged XRP ETF earlier this month.
"It's hard to argue against allowing a spot product when there's already an active ETF like this, which is highly levered and more risky than a vanilla spot ETF," Kaiko's Adam Morgan McCarthy told Decrypt.
Bitwise, Grayscale, 21Shares, CoinShares, and Canary Capital have all applied to list spot XRP funds. The applications and others for ETFs based on Solana, Litecoin, Cardano, and Dogecoin, among other tokens, reflect issuers' growing efforts to address demand for crypto investment products. Kaiko reported that a Solana-based fund was the next most likely after an XRP ETF to receive a regulatory greenlight.
XRP is a virtual coin created by the founders of fintech company Ripple. The SEC sued Ripple at the end of 2020, alleging that its team sold unregistered securities in the form of XRP.
@ Newshounds News™
Source: Decrypt
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BRICS: WHEN BARACK OBAMA PREDICTED THE US DOLLAR’S FUTURE
When BRICS was formed in June 2009, former US President Barack Obama had predicted the future of the US dollar. Three months after BRICS was formed in 2009, Obama spoke in length about the USD highlighting its importance across the world. The former President revealed that investor’s confidence in the USD is high and will remain the same for many more years.
However, fast-forward 16 years to 2025, the geopolitical landscape has experienced a paradigm shift. Developing countries are advancing financially and competing with the US in tech, trade, and science.
BRICS is also looking to topple the US dollar giving Barack Obama’s 2009 prediction a reality check. The global financial markets are rapidly evolving with emerging economies looking to dominate the geopolitical spectrum.
BRICS: Barack Obama Had Predicted the US Dollar’s Future in 2009, Here’s What He Said
Former US President Barack Obama spoke about the US dollar’s future prospects when the BRICS alliance was launched in 2009.
He explained that the USD is an extraordinary currency with immense faith and trust from the global investor community. “The dollar is extraordinarily strong right now,” President Obama said in November 2009.
And the reason the US dollar is strong right now is because investors consider the United States the strongest economy in the world with the most stable political system in the world,” said Barack Obama. However, in 2025, the political landscape is different and BRICS and other developing countries want to topple the US dollar.
Barack Obama’s prediction of the US dollar is now on shaky grounds as BRICS countries find the currency intimidating. The White House pressing sanctions on developing countries is what led the alliance to distrust the USD. Even former US Treasury Secretary Janet Yellen confirmed that sanctions gave way for de-dollarization.
@ Newshounds News™0
Source: Watcher Guru
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77% of Americans Plan To Use Tax Refunds for Essential Expenses: 5 Tips for Using Yours
77% of Americans Plan To Use Tax Refunds for Essential Expenses: 5 Tips for Using Yours
Dawn Allcot Tue, April 15, 2025 GOBankingRates
For Americans who usually receive a tax refund, that spring windfall sometimes helps cover a treat, like a family vacation, a pool or new patio furniture. But for a majority of people this year, their tax refund is going toward necessities, according to a study from Talker Research, commissioned by TaxSlayer.
The study found that 77% of Americans will spend their tax refund on necessities this year. What’s on the top of their list? More than half (52%) of those polled said the money will go toward rent or utility bills. Meanwhile, 44% will put the money toward groceries and essential goods. Thirty-seven percent are using the cash to pay down credit card debt, with 56% of that group still paying off holiday bills.
77% of Americans Plan To Use Tax Refunds for Essential Expenses: 5 Tips for Using Yours
Dawn Allcot Tue, April 15, 2025 GOBankingRates
For Americans who usually receive a tax refund, that spring windfall sometimes helps cover a treat, like a family vacation, a pool or new patio furniture. But for a majority of people this year, their tax refund is going toward necessities, according to a study from Talker Research, commissioned by TaxSlayer.
The study found that 77% of Americans will spend their tax refund on necessities this year. What’s on the top of their list? More than half (52%) of those polled said the money will go toward rent or utility bills. Meanwhile, 44% will put the money toward groceries and essential goods. Thirty-seven percent are using the cash to pay down credit card debt, with 56% of that group still paying off holiday bills.
This is common — and nothing to be ashamed of — in today’s financial environment.
“If your refund is going straight to keeping the lights on and food in the fridge, that probably says more about the cost of living than your decision-making,” said Taylor Kovar, CFP, founder and CEO of 11 Financial. “That kind of pressure is real.”
However, there are ways to plan ahead to remove some of that financial sting throughout the rest of 2025. Try spending what you can of your tax refund strategically to try to get ahead.
Look at Your Spending Patterns
If you’re consistently running behind on fixed expenses, like your car loan, rent or utility bills, you should “zoom out and look at the patterns,” Kovar advised. “It’s worth seeing if there’s a monthly expense that’s quietly draining your budget.”
See if you can change due dates on bills so everything doesn’t hit your bank account at the same time too. If you have good credit, consider consolidating some of your credit card debt to a 0% interest credit card that you can aim to pay off within 12 to 18 months.
Sometimes, small tweaks like changing due dates and reducing interest payments can provide the breathing room you need.
Use Your Refund To Build a Small Cushion
If you can, deposit part of your refund into a high-yield savings account to provide a buffer for months when emergency expenses crop up or cash gets tight.
“The goal isn’t perfection,” Kovar said. “It’s just trying to make the months ahead feel a little less like a juggling act.”
Plan for the Holidays
TO READ MORE: https://finance.yahoo.com/news/77-americans-plan-tax-refunds-170500998.html
Short Tuesday Evening News with MarkZ. 04/15/2025
Short Tuesday Evening News with MarkZ. 04/15/2025
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 evening mark all mods and patriots!!!
Member: I’m ready ready ready ready ready ready and ready
Short Tuesday Evening News with MarkZ. 04/15/2025
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 evening mark all mods and patriots!!!
Member: I’m ready ready ready ready ready ready and ready
Member: I’m hoping for exciting updates tonight ! Hope to see some money moving
MZ: News continues to remain solid. No new bond news since this morning…but, they continue to get things completed and I was told they expect to have that threshold (30% done) this week….all completed and paid so they can move to the next phase which are CMKX, PP’s ect…….. then it should be our turn….so that is your recap from this morning.
Member: Mark did you see all the ads to the Iraqi people on the new ATM’s? It’s amazing….thousands of them.
Member: Seems like Bruce and Wolverine are very excited.
Member: To be perfectly frank, with all this delay, I don't know how Wolverine and Bruce keep their spirits up. They deserve a medal for persistence and endurance. imo.
Member: I wonder- What is the reason that Iraq has not come out with their new rate.?
Member: We are all wondering that.
MZ: In Iraq: “Parliamentary warning: Banks dominate transfers and corruption threatens the economy” They are pointing out that foreign owned banks have been doing most of the money transfers., and making hundreds of millions a year. If they domesticate this…and raise the value of their currency they will no longer have this issue.
MZ: All these articles are laying the groundwork for raising the value. Part of that groundwork is convincing the public it is time….And that is clearly the phase they are in.
Member: “We’re unlikely to see the reserves touched, but a revaluation of the dinar, coupled with domestic borrowing, could help bridge a potential deficit,” al-Ansari explained.
MZ: “Congress Delegation visits Iraqi PM” We just had a delegation in the Kurdish region…now there is a delegation in Baghdad. These are a group of democrats. It is clear that both sides of the aisle understand what is at stake here.
MZ: “Vietnam discovers 12 mines containing over 10 tons of Gold” it feels like everytime we turn around somebody is discovering a new commodity. Lithium in the US…Gold in Vietnam….and much more….they are preparing the world to go back to a commodity super cycle.
Member: Told you. Vietnam will give Iraq a run for its money
MZ: “Ghana orders foreigners to exit the gold market by April 30” We are seeing a move towards sovereigns and commodities. In ground assets are the property of the people….When we get rid of or greatly limit fiat…..and embrace asset or commodity backed currencies…..this kind f thing starts to happen. Countries are preparing for this change.
Member: What do you think about Gold Standard on Monday?? That's what rumors the boards are saying.
Member: I really hope the boards are right this time.
Member: Thanks to all…..and see you in the AM
Member: Sweet dreams to everyone.
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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Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
News, Rumors and Opinions Tuesday PM 4-15-2025
KTFA:
Clare: Al-Sudani's advisor: Annual returns from investing reserves are no less than $2 billion.
4/15/2025- Baghdad
The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed on Tuesday that the "annual returns" from investing foreign reserves are no less than $2 billion, according to his estimates.
Saleh said, "These investments are often short-term and directed toward US, European, or British treasury bonds, with the goal of achieving appropriate returns."
KTFA:
Clare: Al-Sudani's advisor: Annual returns from investing reserves are no less than $2 billion.
4/15/2025- Baghdad
The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed on Tuesday that the "annual returns" from investing foreign reserves are no less than $2 billion, according to his estimates.
Saleh said, "These investments are often short-term and directed toward US, European, or British treasury bonds, with the goal of achieving appropriate returns."
He added, "These investments are characterized by low risk and generate appropriate returns, and the invested assets can be quickly converted into cash without incurring losses."
Saleh pointed out that "profits generated from reserves are divided into two types: the first is realized, represented by direct interest, and the second is unrealized, resulting from diversifying the investment portfolio, in addition to realizing potential profits from exchange rate differences between currencies and gold."
The Central Bank of Iraq previously revealed a decline in foreign reserves for 2024, reaching 130.81 trillion dinars, a 10.18% decrease compared to the same period in 2023, when these reserves reached 145.64 trillion dinars. LINK
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Clare: Parliament expresses surprise at the government's delay in submitting the 2025 budget schedules.
4/15/2025
The Finance Committee of the Iraqi Parliament expressed surprise on Tuesday at the government's delay in submitting the 2025 budget schedules to the parliament, despite previous promises.
Committee member Saad al-Nubi told Shafaq News Agency, "The Parliamentary Finance Committee recently hosted both Minister of Planning Mohammed Tamim and Minister of Finance Taif Sami to discuss the 2025 general budget law schedules. The two ministers informed the committee that the schedules would be sent to the Council of Ministers."
He added, "However, we still note the government's delay in sending the budget tables to Parliament for discussion and voting," considering that "there is a clear challenge on the part of the government in not sending the tables to Parliament without knowing the reasons."
Al-Nubi continued, "The budget was supposed to reach parliament before the end of last month, but we don't know the reasons for this delay." He noted that "the committee pressured the Minister of Planning and the Minister of Finance, asking them to explain the reason for the delay in submission, but has not received a response yet."
It is noteworthy that the Iraqi Parliament voted in June 2023 on the draft general budget law for the fiscal years (2023, 2024, 2025). LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Article Quote: "Adjusting the value of the Iraqi dinar relative to the US dollar remains a plausible option. We are unlikely to see the reserves touched..." This article has four times that they talk about Iraqi dinar going up in value.
Clare Article: “Plunging Oil Prices Jeopardize Iraq’s Budget: Will the Government Resort to Dollar Revaluation?" Quote: "Iraq is bracing for renewed economic turbulence as oil prices fall below the critical $65 per barrel mark—five dollars short of the benchmark adopted in the country’s federal budget. The slide in global crude markets threatens to erode the very foundation of Iraq’s oil-dependent economy, prompting speculation over potential fiscal and monetary policy shifts..." "...The central bank’s hard currency reserves, considered a last line of defense, are unlikely to be tapped under current circumstances. Still, one policy instrument remains within reach—and contentious: the exchange rate. Economic expert Ahmed al-Ansari noted that while Iraq’s reserve fund is generally safeguarded for emergencies, adjusting the value of the Iraqi dinar relative to the U.S. dollar remains a plausible option. “We’re unlikely to see the reserves touched, but a revaluation of the dinar, coupled with domestic borrowing, could help bridge a potential deficit,” al-Ansari explained."
Gold Soars, Risk Assets Collapse – Is This the Biggest Macro Unwind Since 1929? | Mike McGlone
Kitco News: 4-15-2025
Gold is holding near record highs above $3,200 an ounce, while U.S. equities, copper, and crude oil tumble. Treasury yields are rising even as the dollar weakens, and volatility is spiking.
According to Bloomberg Intelligence’s Mike McGlone, this signals a profound macro shift — one where risk assets are cracking, precious metals are taking the lead, and traditional flight-to-safety assets are failing.
In this interview, McGlone joins Kitco News Anchor Jeremy Szafron to explain why the stock market’s valuation peak may have already passed, how gold could rally toward $4,000, and why Bitcoin and U.S. equities remain highly vulnerable.
He also warns of a deflationary reset, deepening global recession risks, and a reversal of decades of monetary excess.
Key Topics: – Why McGlone sees a “profound reversion cycle” underway – Gold vs. Bitcoin: why gold is outperforming risk assets – How ETF flows are signaling the smart money shift – Copper and crude oil breakdowns as global demand fades – Why U.S. Treasuries may still be the ultimate safe haven – How tariffs, austerity, and inflation are colliding – The risk of a 1929- or 1989-style market unwind – What to expect if the S&P 500 breaks down further – Why gold miners may finally rerate if $3,500 breaks
00:00 Introduction
01:03 Market Breakdown
03:01 Bitcoin vs. Gold: A Deep Dive
07:58 Flight to Safety: Treasuries, Dollar, and Equities
10:28 Inflation Expectations and Fed's Response
12:44 Global Economic Implications and Tariffs
18:44 Gold Miners and Market Predictions
22:59 Conclusion
Iraq Economic News and Points to Ponder Tuesday Afternoon 4-15-25
The Prime Minister Of The Kurdistan Regional Government Discusses Developments In The Region With A US Delegation
Tuesday, April 15, 2025 | Politics Number of reads: 92 Baghdad / NINA / The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, discussed today, Tuesday, with a US delegation headed by Victoria Taylor, Deputy Assistant Secretary of State, ways to enhance bilateral relations and the general situation in Iraq. The two sides also discussed, during a meeting between them, the latest developments in the region
The Prime Minister Of The Kurdistan Regional Government Discusses Developments In The Region With A US Delegation
Tuesday, April 15, 2025 | Politics Number of reads: 92 Baghdad / NINA / The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, discussed today, Tuesday, with a US delegation headed by Victoria Taylor, Deputy Assistant Secretary of State, ways to enhance bilateral relations and the general situation in Iraq. The two sides also discussed, during a meeting between them, the latest developments in the region. /End https://ninanews.com/Website/News/Details?key=1197953
Ports Director: We Will Adopt Modern Navigation Equipment To Operate The Grand Faw Port
Buratha News Agency982025-04-15 Director General of Iraqi Ports, Farhan Al-Fartousi, announced on Tuesday that the Grand Faw Port will be operational in the coming period after it has been equipped with modern navigation equipment.
Al-Fartousi stated in a press conference that “the technical director of the International Academy for Maritime Aids (IALA), Julierdine Delano, is currently visiting Iraq to review the state of the maritime sector and its needs in terms of modern technology in the field of navigational aids, which includes the availability of buoys, lighthouses, and ship traffic signs.”
He added, "Iraq's cooperation with international maritime organizations, such as the IALA International Academy, will enable the port sector to modernize its infrastructure, provide the port of Faw with the latest navigation equipment, and train the crews working at the port to use this technology."
In contrast, the technical director of the Ayala Academy, Juliardine Delano, confirmed that "Iraqi ports are witnessing significant development in terms of performance and navigational equipment."
She noted that she is currently visiting Iraq to review the state of the maritime sector and its needs, ensure Iraq's commitment to implementing international requirements for maritime safety, and conduct a preliminary assessment of the Grand Faw Port's need for such navigational aid, in preparation for its commencement of operations in the coming period.
She added, "Iraq's compliance with international standards and its investment in safety measures will yield returns in the form of reduced prices for imported products, as well as insurance revenues paid by ships passing through ports." https://burathanews.com/arabic/news/458886
The Iraqi Stock Exchange Launches A Standards Guide For Companies, Including These Details
Stock Exchange Economy News – Baghdad The Iraqi Securities Commission announced today, Tuesday, the launch of a guide to environmental, social, and corporate governance standards for companies.
The Commission stated in a statement received by Al-Eqtisad News that, "After joint work and continuous communication with the International Finance Corporation (IFC), a member of the World Bank Group, which took approximately a year, the guide was prepared according to international standards, taking into account the challenges of the Iraqi business environment and the determinants of the legislative environment."
She explained that "this guide is the first comprehensive, mandatory guide to practices issued by the Iraqi Securities Commission (ISC) for Iraqi companies to implement corporate governance (CG), sustainability governance, and environmental and social issues, including aspects related to climate change."
She pointed out that "the Commission seeks, through this guide, to institutionalize best practices for environmental, social, and corporate governance standards in Iraqi business culture by making implementation mandatory for companies listed on the Iraq Stock Exchange."
She added that "banks listed on the Iraq Stock Exchange will be subject to the Environmental, Social, and Corporate Governance Standards Guide issued by the Central Bank."
She added, "The Commission believes that implementing environmental, social, and governance practices by companies listed on the Iraqi Stock Exchange will lead to increased market confidence, a better reputation, development of the capital market, increased corporate transparency and accountability, increased foreign direct investment flows, an information-driven market, and improved market liquidity."
The statement concluded by saying, "The Authority will issue instructions on implementing the guide and will hold workshops according to a plan developed for this purpose." https://economy-news.net/content.php?id=54465
Al-Eqtisad News Publishes The Decisions Of Today's Cabinet Meeting
Money and Business Economy News – Baghdad Al-Eqtisad News publishes the full decisions of the Cabinet meeting held today, Tuesday, headed by Prime Minister Mohammed Shia al-Sudani. Among these decisions was the approval of comprehensive admission for all intermediate and preparatory levels.
Al-Sudani's office said in a statement seen by Al-Eqtisad News, "Prime Minister Mohammed Shia al-Sudani chaired the 15th regular session of the Council of Ministers today, Tuesday, during which general developments in the country were discussed, the implementation of the government program was followed up, and the files and topics on the agenda were discussed and decisions were made regarding them."
The statement added that Al-Sudani "directed ministers to conduct at least two visits per month to all governorates, with the aim of achieving positive and tangible results in improving the services provided to citizens. He also directed all ministries to devote the necessary attention to maximizing revenues and to prepare appropriate mechanisms for implementation."
The statement indicated that "the Council decided to grant an official holiday to the Christian component only, on the 20th and 21st of this month of April, on the occasion of the glorious Easter holiday.
The Prime Minister congratulated our Christian people, as well as our Yazidi people on the occasion of the Yazidi New Year, which falls tomorrow, Wednesday, April 16, according to the Eastern calendar, in which this occasion is a holiday for the Yazidi component according to the law."
He pointed out that "the Council voted on the comprehensive admission of the intermediate and preparatory stages in all its branches to take the second round exams for the current academic year 2024-2025," adding that the Council approved "the draft laws on juvenile care and the first amendment to the Minors Care Law (78 of 1980), which were reviewed by the State Council, and referred them to the House of Representatives based on the provisions of the Constitution."
He noted that "in the context of supporting the private sector, the draft law on partnership between the public and private sectors was approved and referred to the Council of Representatives, based on the provisions of the Constitution, while taking into account the observations of the Legal Department of the General Secretariat of the Council of Ministers.
" The Council also approved "the mechanisms and controls for issuing sovereign guarantees to the Iraqi private sector, in implementation of the provisions of the General Budget Law for the three years, and the guarantee is issued to (one or more manufacturers) as needed to complete production lines."
In the context of imposing preventive measures on imported goods, the Council of Ministers approved the following, according to the statement:
1. Imposing an additional customs duty of (60%) of the unit of measurement of the product (transparent boxes and single-use plastic cups) imported into Iraq from all countries and origins, for a period of four years, and monitoring the local market during the period of application of the additional customs duties.
2. The General Authority of Customs shall apply the additional customs duty on the aforementioned product and notify the Department of Industrial Development and Organization periodically regarding the quantity of Iraq’s imports of the aforementioned products, the value of the additional customs duties collected on the importer of the foreign product, the value of the import, the exporting countries, and the importing entities.
3. The Ministry of Industry and Minerals shall take into account the following:
A. The amount of increase in imports compared to the previous three years to determine the extent of an unjustified increase.
b. A statement of the complaining company’s ability to meet market needs in a way that ensures no price inflation.
C. Determine the importance of the required protection for the national economy.
4. Regulatory authorities shall review the effects resulting from imposing additional customs protection on the imported product.
5. This decision shall be implemented after (120) days from the date of its issuance.
In the same context, the Council approved the “recommendation regarding the protection of the reinforcing steel product for sizes (10-32) mm, which includes adding another customs duty on the reinforcing steel product for sizes (10-32) mm in the amount of (10%), so that the duty becomes (30%), using the authority of the Minister of Finance stated in Article (2) of the Customs Tariff Law (22 of 2010) as amended.”
The Council approved the renewal of the Ministry of Oil/Basra Oil Company's Engineering, Procurement, and Construction Management (EPCM) contract for the Majnoon oil field by the Ministry of Oil, with the aim of continuing to provide services related to the contract until the new tender is launched and the new contract is concluded.
As part of the electricity provision procedures, approval was given, according to the statement, for “the Ministry of Electricity to contract to supply electrical energy to the northern region in the contracted quantities, amounting to (500) megawatts.”
The statement explained that, "Regarding the mechanism for dealing with contractors' compensation requests resulting from the implementation of government contracts, the Council of Ministers voted to confirm the Ministry of Health's commitment to Cabinet Resolution No. 24241 of 2024, regarding the Nahrawan, Husseiniya, Al-Hakim, and Al-Karma hospital projects."
The Council also approved "authorizing the Minister of Environment to negotiate and sign the draft project agreement between the Food and Agriculture Organization (FAO), as the entity accredited to the Green Climate Fund, and the Iraqi government." https://economy-news.net/content.php?id=54470
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 4-15-25
Good Afternoon Dinar Recaps,
CRYPTO NEWS: TRUMP PLANS TO BUY BITCOIN WITH GLOBAL TARIFF REVENUE!
▪️Trump administration may use tariff revenue to buy Bitcoin, giving crypto investors fresh hope worldwide.
▪️Trump wants strategies to buy more Bitcoin without adding any extra cost for U.S. taxpayers.
▪️Bitcoin jumps 15%, trades above $85,000, and could soon hit the $90,000 resistance level.
Good Afternoon Dinar Recaps,
CRYPTO NEWS: TRUMP PLANS TO BUY BITCOIN WITH GLOBAL TARIFF REVENUE!
▪️Trump administration may use tariff revenue to buy Bitcoin, giving crypto investors fresh hope worldwide.
▪️Trump wants strategies to buy more Bitcoin without adding any extra cost for U.S. taxpayers.
▪️Bitcoin jumps 15%, trades above $85,000, and could soon hit the $90,000 resistance level.
As global tariff tensions heat up and financial markets stay shaky, crypto investors have found a surprising silver lining. The Trump administration has announced plans to use money collected from tariffs to buy Bitcoin—yes, you read that right. With Bitcoin already down 25% from its recent high, the timing has caught everyone’s attention.
Is the U.S. government really preparing to buy the dip?
Here’s what’s unfolding—and why it could shake up both politics and crypto.
Strategic Crypto Reserve In the Making
Last month, President Donald Trump signed an executive order to create a strategic cryptocurrency reserve. The plan involves using digital tokens the government already owns and finding new ways to expand those holdings. Trump has asked the Commerce and Treasury Secretaries to come up with budget-neutral strategies—meaning the government can buy more Bitcoin without adding to the national debt or raising taxes.
One idea being discussed in the White House is using tariff revenue to fund Bitcoin purchases. This would allow the U.S. to build its crypto reserves without borrowing money or asking more from taxpayers.
While still in the planning stage, this move shows that the government is open to fresh ideas about managing public funds.
Lummis Pushes the “Bitcoin Act of 2025”
Senator Cynthia Lummis is also stepping in with her proposal—the “Bitcoin Act of 2025.” She wants to revalue U.S. gold certificates, which are currently worth less than the real price of gold. Adjusting their value could free up extra funds that the government could use to buy Bitcoin and strengthen its crypto holdings.
Bitcoin Aims for $90K
Bitcoin is showing strength again after bouncing back from a recent dip. The price has jumped by 15% and is now trading around $85,350, with its market cap rising to $169 trillion.
Right now, Bitcoin is holding above $84,000 and staying strong above the 100-hour simple moving average. A rising trend line is also forming, with support around $85,200, suggesting buyers are still in control.
Looking ahead, Bitcoin faces resistance near $85,800, with the next major barrier at $87,200. If it breaks through these levels, the price could continue climbing—possibly reaching the $90,000 mark in the coming days.
@ Newshounds News™
Source: Coinpedia
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BRICS: US DOLLAR KEEPS FALLING AS TRADE WAR FEARS GROW
The growing geopolitical tensions have only intensified in recent weeks amid the United States’ new Liberation Day tariff plan. Although it has been scaled back in a myriad of ways, the nation’s currency appears to be paying the price. In an interesting turn for the BRICS bloc, the US dollar has fallen again as trade fears grow.
Interestingly, US President Donald Trump had previously threatened the alliance with 150% tariffs due to their de-dollarization endeavors. The warning never actualized, but his stance on their policies was clear. Now, his efforts to balance trade for the nation have effectively done similar to the global reserve asset.
US Dollar Struggles as Trade Fears Look to Benefit BRICS Bloc
It has been a rather concerning month for the global economy. US President Trump has ushered in a strong America-first policy in the form of his new tariff plan. Subsequently, it has seen continued concern over the potential for increased geopolitical tensions.
As the United States and BRICS have continued their faceoff, the US dollar has continued to fall amid trade war concerns. Although it edged a bit higher on Monday, it approached the mid-way point of April, reaching a three-year low against the euro and Japanese yen. It approached oversold territory in its metrics and therefore, jumped slightly. Yet, it is still in a concerning position.
Investors have shown they are wary of the greenback with tariff turmoil still abounding. This is increasingly interesting when it comes to the BRICS bloc, as they have been the face of increased de-dollarization and gold buying. Subsequently, the latter has reached record highs above $3,200 this year.
“The uncertainty is now at an intolerable level for most businesses in international trade.” Adam Button of ForexLive told Reuters. “Right now, the market is taking a dim view of future US growth, and that has come through most clearly in the currency market.” Where this goes will be interesting, considering how important the dollar’s status was to President Trump when he was first elected in late 2024.
@ Newshounds News™
Source: Watcher Guru
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US Debt Market Triggering The RESET | Francis Hunt
US Debt Market Triggering The RESET | Francis Hunt
Liberty and Finance: 4-15-2025
Francis Hunt discusses a major but underreported development in the financial system — a simultaneous weakening of the U.S. dollar and rising bond yields, signaling a deeper loss of confidence in the U.S. debt market.
Hunt explains that this rare phenomenon, usually seen in emerging markets, suggests the beginning of a systemic breakdown, one that his team had predicted years ago as part of a post-2020 "reset."
US Debt Market Triggering The RESET | Francis Hunt
Liberty and Finance: 4-15-2025
Francis Hunt discusses a major but underreported development in the financial system — a simultaneous weakening of the U.S. dollar and rising bond yields, signaling a deeper loss of confidence in the U.S. debt market.
Hunt explains that this rare phenomenon, usually seen in emerging markets, suggests the beginning of a systemic breakdown, one that his team had predicted years ago as part of a post-2020 "reset."
He emphasizes that the foundational issue lies in the debt markets, which are no longer being blindly supported by foreign or domestic institutions due to increasing fiscal instability.
This erosion of trust, he argues, is not due to a coordinated foreign sell-off but rather a broader institutional retreat driven by uncertainty and risk aversion.
Despite the grim outlook, Hunt notes that this environment is highly bullish for gold, as it benefits from capital fleeing fiat currencies and debt instruments.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Dollar rejection
15:08 Gold update
20:34 Dow/gold ratio
27:17 Gold/silver ratio
42:00 Last thoughts
Late Tuesday Coffee with MarkZ. 04/15/2025
Late Tuesday Coffee with MarkZ. 04/15/2025
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
Marks call was an hour later this morning
Member: Good morning Mark, mods and patriots!
Member: Mark's plane was delayed last night. He got home very late
Late Tuesday Coffee with MarkZ. 04/15/2025
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
Marks call was an hour later this morning
Member: Good morning Mark, mods and patriots!
Member: Mark's plane was delayed last night. He got home very late
MZ: I did not land until almost 2AM last night…then an hour and a half drive home. That’s why we started an hour late today.
Member: Markz, thank you for having todays podcast. You look very tired but so appreciated
Member: President Abraham Lincoln died 160 years ago today! And the anniversary of the sinking of the Titanic???
Member: Saturday is the 250th anniversary of the minutemen “Shot heard around the world”
MZ: It might be fun to do a history podcast on that …if we have time this week.
Member: I am hearing a lot of chatter about this weekend! It's also a 3 day weekend.
MZ: It would be a perfect time for the RV to hit.
Member: This weekend is perfect for an RV. Saturday is the 250th anniversery of "the shot heard round the world," aka "the birth of American Liberty."
MZ: On the historic bond side- I am still hearing they have made wonderful progress. I have not had an update since yesterday afternoon…..but was told they are very much on target for completing what they need to this week in order to move forward.
MZ: My understanding of the “Move forward” part is after bonds come the groups , CMKX Farm Claims and Prosperity Packages. Then BAM….it’s us.
MZ: The confirmations from the bond side is a very good sign. They expect to have enough of them done this week to move forward with the rest.
Member: Mark back in the day it was always 30% bonds need to be done before they move to the rest of us…..hope that happens ASAP.
Member: There was a big piece out of Iraq about SAMA International Exchange. They need to put 5% onto Forex at New Exchange Rate to push the Iraqi International RV. Published Iraqi AM.
MZ: I have not seen that one…but there is some good stuff coming out of Iraq.
MZ: “Budget tables on the way to the dome of Parliament” it may arrive as early as the today the 15th. ….after it was passed by the Council of Ministers (COM) Parliament has been surprised by the delays of getting them the 2025 budget tables….The budget was supposed to reach Parliament before the end of last month. What has been the hold ups????
MZ: Could it be because of the article from yesterday that states because of the change in oil prices they will need to “REVALUE their currency” ??? I think that is exactly why they have delayed those budget tables. They are waiting for that new rate. That is y strong personal opinion…and also the opinions of my contacts in Iraq.
Member: TNT said the last delay was caused by waiting for Iran to sign deal. Now done?
Member: When the "New" US Dollar comes out, will we have 2 tiered pricing as value to the "Old" dollar changes
MZ: I was told we would have 90 days to exchange the old currency for the new US currency. Maybe longer.
Member: Will we still be required to request free and clear letters at our exchange for buying a house /vehicle ect???
MZ: I was told we will not need a free and clear letter because with the new financial system they will already know the source of your funds.
Member: Viet Nam found a bunch of gold to mine...
Member: With Trump's pressure on Vietnam to revalue their Currency and China's Xi visiting over the weekend, Things are looking good for a RV of the VND…imo
Member: I just heard that Vietnam is ready !! They started preparing in 2020 and that by 2025 , don't know the exact date , they will mandate International rates in 2025 !
MZ: Trump is pressuring Vietnam to revalue their currency right now….and it fits in with all the other timing. Along with the delay of the budget tables –now happening this week….it looks like they both may be going at the same time. Which is what we always expected.
Member: Well well well...priceless!! The IRS chief information officer announces his resignation on the eve of tax filing day!!What's that tell us ladies n gents?? Good bye IRS???
Member: Thanks Mark for all you do to keep us informed.
Member: Everyone have a great day….and see you this evening……Be blessed.
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 Tuesday 4-15-2025
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 Tues. 15 April 2025
Compiled Tues. 15 April 2025 12:01 am EST by Judy Byington
Global Currency Reset: RUMORS
Mon. 14 April 2025 Wolverine: Trump’s Executive Order (allegedly) confirms that GESARA mandates are now in effect: Exchange Centers (allegedly) activated; Biometric Confidentiality (allegedly) Agreements in place; Quantum Access Cards(allegedly) distributed; Military Courts(allegedly) in progress; Digital Gold Wallets (allegedly) ready and the Starlink Controlled Global transition(allegedly) in full progress.
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 Tues. 15 April 2025
Compiled Tues. 15 April 2025 12:01 am EST by Judy Byington
Global Currency Reset: RUMORS
Mon. 14 April 2025 Wolverine: Trump’s Executive Order (allegedly) confirms that GESARA mandates are now in effect: Exchange Centers (allegedly) activated; Biometric Confidentiality (allegedly) Agreements in place; Quantum Access Cards(allegedly) distributed; Military Courts(allegedly) in progress; Digital Gold Wallets (allegedly) ready and the Starlink Controlled Global transition(allegedly) in full progress.
Wolverine Cont……Redemption Centers Are (allegedly) Active – Biometric NDAs, Quantum Access Cards, and the New Financial Order Across secure locations in Reno, Zurich, Shanghai, and beyond, Redemption Centers are functioning under maximum military protection. These are not myth. These are classified financial transition hubs where select Tier 3 and Tier 4B individuals are(allegedly) receiving access to their funds
Sun. 13 April 2025: QFS News Desk | QFS Just Got Real: The Financial Reset Is Here — and JPMorgan Is Already All In – amg-news.com – American Media Group
Sun. 13 April 2025: UPDATE: New List of 209 Countries That are Connected to The QFS System or are Being Connected – QFS + RTGS Trust The Plan! – amg-news.com – American Media Group
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Global Financial Crisis:
THE ECONOMIC STRIKE: COLLAPSE THE DOLLAR
Amid this chaos, China begins a strategic unloading of U.S. Treasuries. Not all at once – just enough to start the avalanche. -U.S Bond prices collapse -Interest rates explode -Stock market spirals -Inflation surges -The dollar’s credibility evaporates
Quietly, U.S. banks have begun repatriating gold from overseas, flying physical gold back from London to New York. COMEX inventories have surged by 75% in preparation for currency upheaval. China, meanwhile, is stockpiling gold, solidifying BRICS trade partnerships, and preparing to bypass the U.S. dollar entirely in favor of yuan-based settlements. This is the d***h knell of the fiat system.
Red full post here: https://dinarchronicles.com/2025/04/15/restored-republic-via-a-gcr-update-as-of-april-15-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat ...there are still a number of troublesome issues with the left-over Iranian militias. This is still at the root of the problem in Iraq... I am not throwing away all this progress we have seen over these last two years ...things are moving quickly now...
Frank26 The IMF on their website tells you very clearly Iraq is going through a revaluation to their currency right now.
Walkingstick I don't think it's going to take very long [to collect the three zero notes after a rate change], within a matter of days, weeks, these three zero notes will be collected...
The Final CRASH: Money Collapses Now - Byron King
Daniela Cambone:
“Gold is a reminder that the U.S. government runs a dishonest money system,” says Byron King, editor at Paradigm Press Group.
In an interview with Daniela Cambone, King breaks down the surging global demand for gold—not driven by conspiracy theories, but by a growing lack of trust in the U.S. dollar.
As countries watched the West freeze Russian assets during the Ukraine conflict, many began rethinking the safety of holding dollar-denominated reserves.
He also explains why, in a world where currencies are backed by promises, gold stands alone as real, independent wealth. “Gold is nobody else’s liability.”
Watch now to find out why King believes now is the time to own gold."
Chapters:
00:00 – Gold & Silver
03:55 – Fort Knox
07:41 – Devaluing U.S. Dollar
12:00 – Gold Price Trends
16:15 – Why Central Banks Buy Gold
21:23 – U.S. Dollar vs. Gold
23:15 – Returning to Sound Money
26:01 – Fragile Financial System
29:59 – Investment Advice
35:35 – Final Thoughts
What Does A Financial Advisor Do And When Should You Get One?
What Does A Financial Advisor Do And When Should You Get One?
Brian Baker, CFA Mon, April 14, 2025 Bankrate
Most people are aware of financial advisors and may even hire one at some point in their lives, but what exactly do financial advisors do? Financial advisors provide advice and guidance on a variety of financial issues you’ll encounter over the course of your life such as investments, retirement planning, insurance and even taxes.
Here’s what else you should know about financial advisors, including the advantages and disadvantages of using one and when you should consider hiring one.
What Does A Financial Advisor Do And When Should You Get One?
Brian Baker, CFA Mon, April 14, 2025 Bankrate
Most people are aware of financial advisors and may even hire one at some point in their lives, but what exactly do financial advisors do? Financial advisors provide advice and guidance on a variety of financial issues you’ll encounter over the course of your life such as investments, retirement planning, insurance and even taxes.
Here’s what else you should know about financial advisors, including the advantages and disadvantages of using one and when you should consider hiring one.
Financial Advisors: What They Do And How They Can Help Manage Your Money
A financial advisor is someone who helps you manage various aspects of your financial life. People most often associate financial advisors with planning for retirement, but they can also be involved in general investment management, budgeting, insurance, taxes, estate planning and more.
Financial advisors charge a fee, often expressed as a percentage of your assets, in return for their services. They can assist you with several different aspects of your financial life, but not all advisors or firms provide the same services.
Here are some of the common areas financial advisors provide guidance on:
Goal planning: One of the first things an advisor typically does is ask clients about their short- and long-term financial goals. A financial plan is then built around achieving those goals while taking into account the unique circumstances of each client.
Budgeting: If you’re just starting out in your financial journey or even if you’re more established, advisors can help you construct an overall budget and identify ways to boost your savings, if necessary.
Investments: Financial advisors also provide advice on your investment portfolio and can assess things such as your overall asset allocation. They can also answer questions and recommend investment products such as mutual funds and ETFs.
Retirement planning: Nearly every financial advisor will be able to assist with retirement planning, which is often the biggest long-term financial goal for most people. They can help you navigate your employer’s 401(k) plan and offer guidance on other choices such as a traditional or Roth IRA.
Taxes: Financial advisors can provide guidance that takes into account current and future tax considerations.
Insurance: Financial advisors can also help you determine whether life insurance or annuity products make sense for you, but be sure to understand whether the advisor will receive a commission on the product they’re selling to you.
Estate planning: Planning for the end of life isn’t easy, but financial advisors may be able to guide you through the estate planning process, which will make it easier on your heirs when that time comes.
Types Of Financial Advisors
TO READ MORE: https://finance.yahoo.com/news/financial-advisor-215453387.html