Seeds of Wisdom RV and Economic Updates Monday Afternoon 4-28-25
Good Afternoon Dinar Recaps,
LEDGER LIVE ENABLES STABLECOIN YIELDS DIRECTLY FROM SELF-CUSTODY WITH NEW KILN INTEGRATION
▪️Ledger is enabling users to access stablecoin yields directly from self-custody via its Ledger Live hardware wallet companion app.
▪️Powered by Kiln, the feature is pitched as a way to access DeFi yields for USDC, USDT, USDS and DAI without going through “complex processes.”
Good Afternoon Dinar Recaps,
LEDGER LIVE ENABLES STABLECOIN YIELDS DIRECTLY FROM SELF-CUSTODY WITH NEW KILN INTEGRATION
▪️Ledger is enabling users to access stablecoin yields directly from self-custody via its Ledger Live hardware wallet companion app.
▪️Powered by Kiln, the feature is pitched as a way to access DeFi yields for USDC, USDT, USDS and DAI without going through “complex processes.”
Crypto hardware wallet giant Ledger says it will enable stablecoin yields directly from self-custody, in collaboration with DeFi infrastructure platform Kiln.
The feature lets Ledger users earn a passive income of 5% to 9.9% on USDC, USDT, USDS and DAI via several DeFi lending protocols, including Aave, Compound, Morpho, Sky and Spark, while maintaining self-custody.
Kiln operates as the backend, providing access to the protocols that users interact with via Ledger Live, Ledger VP of Consumer Services Jean-Francois Rochet told The Block.
Depositing assets into DeFi lending protocols, such as Aave, is currently the most popular way to earn yield on stablecoins. According to The Block's data dashboard, more than $2 billion in USDT has been borrowed on Ethereum alone.
However, instead of connecting their Ledger hardware to third-party web3 wallets and juggling multiple decentralized applications, Kiln abstracts away this complexity, enabling access to DeFi yields natively within the Ledger Live companion app, available on both desktop and mobile versions.
"Web3 browser wallets are typically insecure," Rochet said. "The direct integration offers enhanced security … without leaving the safety of Ledger Live or going through complex processes."
Ledger argues that the integration opens up access to DeFi returns in a more user-friendly way, including clear signing, a method of signing blockchain transactions so that the signed content is human-readable and easily verifiable.
Users simply enter the amount they wish to deposit and select the protocol with the desired APY from the dropdown, Rochet explained. However, the trade-off is that users receive slightly lower APYs than by going directly to the protocols, he acknowledged.
"Ledger is pioneering security-first yield generation in the DeFi space," the firm said in a statement. "More users than ever are entering crypto, and we're focused on making digital assets accessible without depending on insecure browser wallets or multiple dApps. With Ledger Live and Kiln, people now have transparent and easy solutions to earn rewards. We're excited to see enhanced stablecoin capabilities made available to Ledger Live users."
Ledger claims that despite being some of the most widely used assets in crypto, only 4% of stablecoin holders currently earn yield on their USDC and USDT. "This integration unlocks stablecoin yield for users and grants full autonomy over digital assets, unlike centralized exchanges that take control and limit yields to dApp browsers," the firm said.
Close collaboration
Last year, Ledger and Kiln also teamed up to provide native access to liquid staking token restaking, enabling its users to restake assets on EigenLayer directly within the Ledger Live interface.
"Ledger has been a long-term partner of Kiln, and through our close collaboration, we have developed a deep understanding of the needs of their users," Kiln Co-Founder and CEO Laszlo Szabo said following the latest news. "Working together on the Kiln DeFi integration for Ledger is an exciting opportunity, and we're thrilled to help open up access to stablecoin rewards for millions of Ledger users."
The feature will offer yields on USDC and USDT initially, with DAI and USDS support rolling out later within Ledger Live. While Rochet said there is "definitely a plan to increase coverage," no specific additional assets are on the roadmap for now.
Ledger celebrated its 10th anniversary in 2024 and claims that its devices secure over 20% of the world's crypto assets, having sold more than 7.5 million crypto hardware wallets to customers in 210 countries.
Kiln manages over $11 billion in crypto assets, operating around 4.5% of Ethereum's and 2.6% of Solana's total staked assets.
@ Newshounds News™
Source: The Block
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MASTERCARD AIMS TO POWER STABLECOINS FROM WALLETS TO MERCHANT ACCEPTANCE
Today Mastercard announced a ‘360-degree’ approach to stablecoins. It is positioning itself to service stablecoins much in the same way it does with card payments, to enable services for consumers, merchants and banks.
There’s much lobbying for position in the stablecoin sector, with 2025 predicted as the year that stablecoins move beyond crypto use cases. The race is on to see who can build the largest network of partners.
During the past week, Stripe announced it’s testing its new stablecoin solution based on the Bridge API for business payments. Citi forecast that stablecoins could reach a circulation of $1.6 trillion to $3.7 trillion by 2030. And Circle unveiled plans to launch the Circle Payments Network which aims to coordinate on and off-ramps, including collaborating with Deutsche Bank, Santander, Societe Generale and Standard Chartered.
Plus, in today’s announcement, Mastercard mentioned the potential for stablecoins to become ‘ubiquitous’. Last month startup Ubyx announced plans for a network for banks and fintechs to on and off-ramp an array of stablecoins, including smaller ones.
Mastercard’s range of stablecoin services
Turning to Mastercard’s announcement, it has already provided several of these stablecoin services for quite a while. It’s looking to expand its network of partners.
For consumers it makes stablecoins more user friendly by enabling crypto users to pay with stablecoins using Mastercard branded cards. Many crypto exchanges already provide cards, with OKX the latest to announce one.
On the merchant front, it is partnering with Nuvei and stablecoin issuers Circle and Paxos to enable support for merchants to accept stablecoins, whether or not the payment uses a card. The mention of Paxos is notable given a recent report by Coindesk that Visa plans to become a partner of the Paxos Global Dollar, although Visa hasn’t yet officially confirmed it. Paxos is also the issuer of PayPal’s PYUSD.
For crypto institutions, it provides the Mastercard crypto credential to support compliant remittances combined with user-friendly names.
Plus, Mastercard has the Mastercard Multi-Token Network (MTN), which aims to support an array of digital assets, not just stablecoins. MTN includes links to banks such as JP Morgan and Standard Chartered. So far it allows investors in assets such as Ondo Finance’s tokenized money market funds to on and off-ramp, but stablecoins are part of the plans.
“To realize its potential, we need to make it as easy for merchants to receive stablecoin payments and for consumers to use them,” said Jorn Lambert, chief product officer at Mastercard. “We believe in the potential of stablecoins to streamline payments and commerce across the value chain. Unlocking this is core to how we navigate the rapidly changing world, giving people and businesses the freedom they want by providing the choices they deserve.”
@ Newshounds News™
Source: Ledger Insights
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Monday Coffee with MarkZ. 04/28/2025
Monday Coffee with MarkZ. 04/28/2025
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
Member: Good Monday morning everyone.
Member: WHOS READY FOR THE NEW RATE???
Member: Wayyyyyyyyy beyond ready.
Monday Coffee with MarkZ. 04/28/2025
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
Member: Good Monday morning everyone.
Member: WHOS READY FOR THE NEW RATE???
Member: Wayyyyyyyyy beyond ready.
Member; Soo many rumored to be flying to exchange this weekend….crazy amount of rumors flying round. 100s of Private Jets in the skies for the last several days ... hmm
Member: All Saturday evening and yesterday, lots of podcasts are saying it’s happening…..
MZ: We are waiting for bond payout confirmations.
MZ: Things are moving- we just don’t know how quickly though……I was always told once we hit 30-40% of those historic bonds we are roughly 3-5 days of us going.
Member: I wonder- What % of Bonds have been remunerated at this time?
MZ: We do not know what percentage has been paid out yet. We are very hopeful that all the payments that have been initiated happened this weekend . If they (bank wires) have started to arrive we may get an idea of where we could be.
MZ: We are waiting to find out if bond holders have fully spendable money today. We are watching this today and tomorrow.
Member: Banking stuff is usually slow Monday morning. We might not hear anything until tomorrow.
Member: I bet many have NDA’s
MZ: There are definitely some people with NDA’s. They point blank told me they are on NDA’s and can give me no details.
Member: Bruce and Mike Bara s don’t think the Bolivar will be in the first basket. Hope they is wrong.
Member: I believe the Bolivar is going to surprise all of us!
Member: TNT Tony and Mike Barra said the Iraqi Dinar and Vietnamese Dong are both going now that the Dinar is over $4 and the Dong is over $2 and that was Friday ....I really wish they were right.
Member: if they were right- we would be at the banks…..sigh
MZ: In Iraq: “The Central Bank of Iraq indicates a decrease in the governments public spending” there are hidden gems in this one. This indicates a decrease in the issued currency to 100T dinar. Under Saadam Hussein there were about 20Trillion dinar in circulation and the rate was about $3.20 or so. …..There are so many more assets in Iraq now then there were then.
MZ: “ Financial inclusion in Iraq runs to 48.5” This is huge because it was single digits just a few years ago. This allows them to manage their government and banking and liquidity so they can do investments.
MZ: “National Data Center discusses a proposal to adopt a unified electronic platform in managing foreign labor files.” They want to track foreign workers. They want to control their own borders. This unified electronic platform will do this.
MZ: “Last week Iraq’s oil exports to America rise by 170,000 barrels per day” Iraq and the Us are very important to each other.
Member: Articles and info are great. But, doesn’t really correlate to the release of the RV. God bless us all. I hope. This is excruciating.
MZ: If things are too much for any of you…..you should put your currency on the shelf and walk away for a bit. Everybody needs a break now and again.
Member: Iraq elections this November, if it doesn’t go by then- does the process start from scratch?
Member: if Sudani wants any kind of legacy…he better release the RV soon.
Member: Heard that the new treasury notes are ready to place into ATM's but will probably be placed when the EBS goes off
Member: Sounds correct that new Republic money is in the banks.
Member: anyone read about the major power outages in Europe… basically the whole countries of Spain and Portugal are in a black out?? Madrid and Lisbon totally dark.
Member: rumor is = it was a cyber attack and they blew up a transformer station
Member: They say that we would have to have temporary blackouts to switch over to Tesla free power. Perhaps that's the reason?
Member: Here’s hoping we are at the finishing line this week Mark!
Member: Stay positive- My new pronouns are "I'm" "Already" "Wealthy"
Member: Tonight is a New Moon… in Gods view it’s new beginnings…
MZ: I will be missing some podcasts this week due to traveling . I may have an early Wed Morning stream…..but nothing Wed night. I will try to stay as regular as possible Thurs, Fri and Sat.
Member: Have a great rest of your Monday. See everyone tomorrow morning
Mod: BREAKING NEWS: MarkZ's TRAVEL email address: Don't Write Me@NeverOnTRAVELWEEKENDS.Com SERIOUSLY, MARK NEEDS A LITTLE TIME FOR HIMSELF FOR REST AND REC, OR EVENTS. THANK YOU!
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 Monday 4-28-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 28 April 2025
Compiled Mon. 28 April 2025 12:01 am EST by Judy Byington
Sun. 27 April 2025 BOMBSHELL: TRUMP ANNOUNCES PLAN TO ABOLISH INCOME TAX FOR THE MIDDLE CLASS — BONANZA FOR AMERICA BEGINS — GESARA & NESARA! …QFS on Telegram
Trump’s declaration today ripped through the old system like a storm through brittle walls. For over a century, Americans have been bound by invisible chains, forced to surrender a portion of their labor to the very forces working against them.
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 Mon. 28 April 2025
Compiled Mon. 28 April 2025 12:01 am EST by Judy Byington
Sun. 27 April 2025 BOMBSHELL: TRUMP ANNOUNCES PLAN TO ABOLISH INCOME TAX FOR THE MIDDLE CLASS — BONANZA FOR AMERICA BEGINS — GESARA & NESARA! …QFS on Telegram
Trump’s declaration today ripped through the old system like a storm through brittle walls. For over a century, Americans have been bound by invisible chains, forced to surrender a portion of their labor to the very forces working against them.
But that ends now. The middle class, the true heartbeat of this nation, will no longer be drained by the parasitic elites, their corrupt tax schemes, and their globalist puppeteers. The IRS — once a weapon wielded against patriots — is being replaced by an entirely new structure: The External Revenue Service.
This system doesn’t look inward to punish Americans; it turns its gaze outward, demanding dues from those who have exploited American strength for far too long. The foreign profiteers, the globalist cartels, and the enemies of American prosperity — they will pay the bill.
Trump’s strategy is not just policy. It’s a shift in the entire balance of economic power. By moving the tax burden onto tariffs, he forces foreign interests to pay for their access to the American market while freeing millions of middle-class families from the shackles of tax slavery.
It’s a complete dismantling of the system that has bled this country dry. The Deepstate is trembling — their financial control mechanisms are collapsing. Their lifelines are being cut. Trump’s move triggers the engines of GESARA and NESARA, setting into motion the long-awaited global economic reset that will return wealth and power to the people.
This isn’t a promise for tomorrow. The effects are already rumbling through the economy. Factories are firing back up, real jobs are being created — not government handouts or minimum-wage scraps, but genuine, wealth-building opportunities that support families and rebuild communities.
The globalist free-trade scam that gutted America’s heartland is being dismantled piece by piece. Trump isn’t just offering a vision. He’s building it now, brick by brick, job by job.
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Sun. 27 April 2025 THREE MAJOR MILITARY OPERATIONS ARE IN MOTION: …JFK Awakening Q17 on Telegram
BLACK EAGLE targets the Vatican, City of London, and ancient Swiss vaults — (allegedly) recovering bullion stamped with pre-WWI seals, looted over centuries by monarchies and war financiers.
SOVEREIGN SWORD is dismantling the Digital Babylon Network — a satellite-linked web once used by the IMF, World Bank, and BIS to (allegedly) funnel trillions through dark channels into weapons labs and surveillance programs.
OPERATION IRON JUDGMENT is storming elite island compounds, exposing quantum-encrypted terminals not tied to SWIFT, (allegedly) used by the world’s most powerful families to control untouchable wealth.
All assets recovered are (allegedly) being integrated directly into the QFS. Not one dollar is being returned to the corrupt elite. The stolen wealth of the world is (allegedly) being reclaimed — not just as justice, but as restoration.
And now, the biggest shock of all — The Federal Reserve has (allegedly) been seized. Its links to the Treasury have been severed. Fiat printing is dead. All future currency will be asset-backed, and under NESARA provisions, all debt created through fraudulent lending systems is nullified — (allegedly) including mortgages, student loans, credit cards, and more. This is not a theory. This is the final phase.
Expect a full public announcement by July 4. The era of silent control is ending. The people are rising. And the QFS is the foundation of a future that cannot be corrupted. The storm is(allegedly) not coming — the storm is now.
Read full post here: https://dinarchronicles.com/2025/04/28/restored-republic-via-a-gcr-update-as-of-april-28-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man This is a time frame where Iraq is stabilizing their foreign reserves. They've increased their gold up to 163 tons of gold. We have assurances from the likes of Saleh, Al Sudani etc that they have a strong stable economy, they have a strong stable country with security and stability. Hence all the investors are flocking in.
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Another person is on the news saying the oil issues with prices will have no effect on the budget at this time and would have to drop to $50 to even consider any issues. This is good news. Apparently they must have a new exchange rate. We in the streets are asking where's article 12-2C relating to the oil not being published yet because the moment they show that to us they're going to release the new rate. It's like they're still holding it back on purpose.
This Is an Engineered Collapse! - Who’s REALLY Pulling the Strings? | Gregory Mannarino
Liberty and Finance: 4-27-2025
Trading coach Gregory Mannarino delivers a sobering critique of market manipulation, government incoherence, and the deep control exerted by global elites.
He argues that President Trump’s economic messaging and policy reversals—particularly around tariffs and interest rates—are driven by stock market pressures and orchestrated by unseen powers.
Mannarino warns of a systemic collapse fueled by debt, suppressed interest rates, and a looming shift to centralized digital control, while urging viewers to hold real assets like gold and silver.
He paints the current system as a deliberate “wrecking machine” targeting the middle class and small businesses in order to usher in a new order.
Despite the grim outlook, he calls for unity, spiritual reconnection, and grassroots resistance as paths to reclaiming individual sovereignty and truth.
INTERVIEW TIMELINE:
0:00 Intro
1:20 Who's really in charge?
17:40 Gold and oil
26:01 Speaking the truth
Iraq Economic News and Points to Ponder Monday Morning 4-28-25
Iraq Agrees To Open Another Bank In The US To Establish Relations With Its Banks In Transfer Operations.
economy | 10:43 - 04/26/2025 Mawazine News – Baghdad The Governor of the Central Bank of Iraq, Ali Al-Alaq, revealed an agreement to establish another bank in the United States to establish relationships with Iraqi banks in money transfer operations.
The Governor of the Central Bank of Iraq said in an interview followed by (Mawazine News) that he "has begun working on developing a plan to issue cards for small merchants, after completing consultations with companies, so as to accommodate the requests of merchants - a large class in Iraq - to cover their foreign trade without passing through long paths, so that transfers are carried out directly, which will create a major shift in accommodating merchants who do not use the official methods of transfers."
Iraq Agrees To Open Another Bank In The US To Establish Relations With Its Banks In Transfer Operations.
economy | 10:43 - 04/26/2025 Mawazine News – Baghdad The Governor of the Central Bank of Iraq, Ali Al-Alaq, revealed an agreement to establish another bank in the United States to establish relationships with Iraqi banks in money transfer operations.
The Governor of the Central Bank of Iraq said in an interview followed by (Mawazine News) that he "has begun working on developing a plan to issue cards for small merchants, after completing consultations with companies, so as to accommodate the requests of merchants - a large class in Iraq - to cover their foreign trade without passing through long paths, so that transfers are carried out directly, which will create a major shift in accommodating merchants who do not use the official methods of transfers."
He noted that the Central Bank of Iraq, in agreement and consultation with the Treasury and the Federal Reserve, has completed the organization of cash dollar sales operations, and that they are now "in an ideal position, by their own testimony."
He described foreign commercial transfers as "progressing smoothly, as we have expanded the network of correspondent banks abroad in the US and elsewhere. An agreement was also reached to open another bank in the US to establish relationships with Iraqi banks in transfer operations."
Regarding Iraqi banks barred from dealing in dollars, Al-Alaq said, "They will have to meet requirements related to ownership, compliance, money laundering, governance, and banking services in order to resume their normal operations."
He explained that these banks "were not subject to sanctions and are not included on the sanctions list, but due to observations about foreign transfers, they were stopped from using the dollar in transactions only."
He pointed out that a comprehensive plan was launched, which includes the criteria and conditions required to correct the situation of these banks to avoid such problems, after a full year of work on it.
https://www.mawazin.net/Details.aspx?jimare=260919
Action: Launching an electronic platform for paying social security contributions.
Local | 05:23 - 04/27/2025 Mawazine News – Baghdad The Ministry of Labor and Social Affairs clarified, on Sunday, the conditions for granting a retirement pension to workers and the required years of work, while confirming the launch of an electronic platform for paying social security contributions.
Ministry spokesman Hassan Khawam said: "The retirement and social security law for workers, which was enacted during the current parliamentary session, is one of the most important laws. Among the conditions for inclusion are that the worker be of Iraqi nationality, residing in Iraq, and of legal age (63 years or older), and have guaranteed service with paid contributions for a period of no less than 15 years."
He added, "The law stipulates that the social security retirement pension may not be combined with any other retirement pension."
Khawam explained that "there is also an optional guarantee for every person working in liberal professions such as a barber, taxi driver, or street vendor. They can participate in social security voluntarily by paying monthly contributions within 15 different categories, starting from 17,500 dinars up to 87,500 dinars, in exchange for retirement salaries ranging between 500,000 and 1,750,000 Iraqi dinars. All workers are covered by the retirement salary without exception."
He pointed out that "other benefits provided by the law include paid sick leave, free medical care, in addition to a full or partial disability pension and maternity leave for pregnant women with the provision of health care."
He stressed that "the Ministry of Labor has inspection teams that visit investment projects to ensure workers are registered with social security and verify their numbers. In the event of a violation, the employer is subject to a fine that may reach five times the unpaid contributions."
Khawam pointed out that "the subscription deduction system has become electronic through the "Daman" platform, with a deduction rate of 5% of the worker's income, while the government bears 8%, and the employer 12%."
He explained that "the disbursement of retirement salaries is contingent upon reaching the legal age (63 years) with subscriptions of no less than 15 years, or early retirement according to the specified age and service conditions."
He explained that "the ministry is working with its social partners and local and international labor organizations to develop labor and social security laws, with the launch of awareness campaigns that have led to a large turnout of workers, especially in the field of optional insurance."
Regarding health insurance, he indicated that "covered workers pay only 10% of the cost of medical services, whether under optional insurance or in the organized sector." https://www.mawazin.net/Details.aspx?jimare=260935
Al-Sudani Stresses The Importance Of Simplifying Administrative Procedures That Hinder Investment Projects
Money and Business Economy News – Baghdad Prime Minister Mohammed Shia al-Sudani stressed on Sunday the importance of simplifying administrative procedures that hinder investment projects.
The Prime Minister's Media Office stated in a statement received by Al-Eqtisad News that "Al-Sudani chaired the regular meeting of the Higher Committee for Reconstruction and Investment, during which the files and projects on the agenda were discussed and decisions made."
He stressed "the need for the committee to work on reducing administrative steps and strengthening the country's investment environment," emphasizing "the importance of ministries focusing on investment projects that maximize the country's revenues, which is part of the government's approach to financial and economic reform."
The meeting witnessed the approval of several housing projects, as well as the establishment of the largest olive farm in Wasit Governorate by an Iraqi-Spanish investment company. This project is one of the outcomes of the Prime Minister's visit to Spain at the end of last year, during which he met with the President of the World Olive Council.
The meeting discussed "a number of health projects, including the establishment of an early cancer screening center. The Ministry of Health directed that the project be studied and submitted to the Investment Committee." https://economy-news.net/content.php?id=54869
General Electric: We Have Implemented Strategic Agreements On The Ground In Iraq.
Energy Economy News – Baghdad General Electric's Iraq Country Manager, Rashid Al-Janabi, confirmed on Sunday that unprecedented government support has strengthened the partnership with the Ministry of Electricity. He also pointed to strategic agreements implemented on the ground that have contributed to improving the efficiency of the electricity grid.
Al-Janabi said, "The unprecedented government support the company has received is a key factor in strengthening the partnership between GE Vernova, the Ministry of Electricity, and the Iraqi government in general."
He added, "This partnership, which has spanned several decades, has been significantly deepened recently, positively impacting the development of the energy sector, both in terms of adding new production capacities and improving the efficiency of the transportation and production systems."
He pointed out that "these efforts have resulted in strategic agreements that have been implemented on the ground through major projects over the past two years, contributing to raising the efficiency of the electricity grid and meeting a significant portion of Iraq's energy needs, supporting future development plans and contributing to improving the environmental situation."
He added, "We aspire to expand this partnership in the future, to meet national aspirations and meet Iraq's growing energy needs." https://economy-news.net/content.php?id=54865
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Monday Morning 4-28-25
Good Morning Dinar Recaps,
B️REAKING: XRP ETF APPROVED, BUT IT’S NOT SPOT ETF
The U.S. Securities and Exchange Commission (SEC) has approved the first-ever XRP futures ETF, launched by ProShares. This ETF is expected to go live on April 30th, 2025. While it’s not a spot ETF — which tracks the actual price of XRP — it’s still a huge step forward for XRP’s recognition on Wall Street.
Good Morning Dinar Recaps,
B️REAKING: XRP ETF APPROVED, BUT IT’S NOT SPOT ETF
The U.S. Securities and Exchange Commission (SEC) has approved the first-ever XRP futures ETF, launched by ProShares. This ETF is expected to go live on April 30th, 2025. While it’s not a spot ETF — which tracks the actual price of XRP — it’s still a huge step forward for XRP’s recognition on Wall Street.
The ETF approval comes just a few years after Ripple, the company behind XRP, was locked in a long legal battle with the SEC. Now, XRP is moving from courtrooms to trading floors, joining the ranks of Bitcoin and Ethereum, which already have both futures and spot ETFs.
Some investors were unsure at first, asking, “Why futures and not spot?” But futures ETFs are often the first step. This was the path for Bitcoin and Ethereum, and experts believe a spot XRP ETF could be next. Futures trading allows big institutional investors to take positions on XRP, whether the market goes up or down — a common and healthy part of mature financial markets.
Experts called the approval a game-changer, pointing out that this move gives major players a way to legally and securely trade XRP. And the good news doesn’t stop there. In Brazil, the XRP H11 ETF has just launched on the country’s main stock exchange, making it the first XRP-focused ETF in the world. This global momentum suggests XRP is no longer being left behind.
Just a few years ago, XRP was under heavy legal scrutiny. Now, it’s being listed on international exchanges, with regulated investment products opening the door for more adoption.
From being targeted by regulators to becoming a favorite of institutional investors — XRP is clearly turning the page.
@ Newshounds News™
Source: Coinpedia
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FROM SWIFT TO SHANGHAI: BRICS JUST SEIZED GLOBAL SETTLEMENT POWER WITH DIGITAL GOLD | ANDY SCHECTMAN
Andy outlines that BRICS just flipped the global financial system on its head. China’s digital RMB settlement system is now fully connected to 38% of global trade, allowing transactions to bypass SWIFT and the U.S. dollar entirely. Even more shocking—this new payment network is being expanded to non-member countries, quietly replacing the old financial order with a gold-linked system.
@ Newshounds News™
Source: Youtube https://www.youtube.com/watch?v=fPZx6eeDokU
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“Tidbits From TNT” Monday Morning 4-28-2025
TNT:
Tishwash: Qubad Talabani: Our doors are open to all foreign companies for investment.
joint contract signing ceremony took place in Sulaymaniyah between local and American companies to develop the Bazian power plant.
During the ceremony, Deputy Prime Minister of the Kurdistan Region, Qubad Talabani, delivered a speech welcoming the attendees, company representatives, businessmen, and guests. He emphasized the importance of signing this contract, which will contribute to the development of the electricity sector.
He added, "This contract will strengthen the Kurdistan Region's infrastructure and send an important message to the world that the Kurdistan Region's doors are open to all foreign companies working towards a more developed Kurdistan."
TNT:
Tishwash: Qubad Talabani: Our doors are open to all foreign companies for investment.
joint contract signing ceremony took place in Sulaymaniyah between local and American companies to develop the Bazian power plant.
During the ceremony, Deputy Prime Minister of the Kurdistan Region, Qubad Talabani, delivered a speech welcoming the attendees, company representatives, businessmen, and guests. He emphasized the importance of signing this contract, which will contribute to the development of the electricity sector.
He added, "This contract will strengthen the Kurdistan Region's infrastructure and send an important message to the world that the Kurdistan Region's doors are open to all foreign companies working towards a more developed Kurdistan."
He explained, "We in the Kurdistan Regional Government have open doors to all foreign companies to invest in the Kurdistan Region. It is important to make clear to all investors that our priority is to work on diversifying resources in the Kurdistan Region. I thank all the companies that have been operating in Sulaymaniyah for a long time and have implemented many important and necessary projects, making Sulaymaniyah a model of development and prosperity."
Talabani said, "Through this contract and the cooperation between the companies, we can provide a significant portion of the electricity supply to the Kurdistan Region and work to develop the electricity sector in general. Under this contract, many cadres and engineers will be trained according to international standards."
He continued, "This contract will provide opportunities for young people, as well as job and training opportunities for a large number of citizens, and will build a sophisticated electricity sector. We in the Kurdistan Regional Government provide all necessary facilities to foreign companies, and we must rely on clean energy and develop the gas sector as well." link
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Tishwash: General Electric: We have implemented strategic agreements on the ground in Iraq.
Rashid Al-Janabi, General Electric's Country Manager in Iraq, confirmed on Sunday that the unprecedented government support has strengthened the partnership with the Ministry of Electricity, while pointing to strategic agreements implemented on the ground that have contributed to raising the efficiency of the electricity grid.
Al-Janabi said, "The unprecedented government support the company has received is a key factor in strengthening the partnership between GE Vernova, the Ministry of Electricity, and the Iraqi government in general."
He added, "This partnership, which has spanned several decades, has witnessed significant deepening in the recent period, which has positively reflected on the development of the energy sector, both in terms of adding new production capacities and improving the efficiency of the transmission and production systems."
He pointed out that "these efforts have resulted in strategic agreements that have been implemented on the ground through major projects over the past two years, which have contributed to raising the efficiency of the electricity grid and meeting a significant portion of Iraq's energy needs, supporting future development plans and contributing to improving the environmental situation."
He continued, "We aspire to expand this partnership in the future, in a way that meets national ambitions and meets the growing need for energy in Iraq." link
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Tishwash: Baghdad dollar declines due to exhibitions, real estate, or nuclear negotiations?
Iraqi markets have recently witnessed a significant decline in the dollar exchange rate, reaching 1,440 dinars, after a period of highs and fluctuations amid Middle East tensions and US restrictions on Iraqi trade with sanctioned countries.
The decline is contrary to expectations experienced by trading circles at the end of last year, which slightly disrupted the local economy. However, other experts who spoke to 964 Network attributed the almost sudden drop to a recession that has been looming for months in the Iraqi real estate and car markets, the largest domestic market for US currency trading.
This may mean a decline in large-scale money laundering operations led by influential parties, as discussed in political and economic circles. This is in addition to the decisions of US President Donald Trump, who imposed large customs tariffs on China, which led to higher commodity prices in the United States, increased inflation, and harmed the dollar's position globally.
Experts also noted that the return of Washington and Tehran to negotiations has contributed to reducing demand for the dollar in Iraq, as the exchange rate fluctuation is primarily due to informal trade between Iraq and Iran. However, successful negotiations and the easing of the pressure on the Iranian banking system will ease the pressure on the Iraqi dollar.
Experts do not rule out another factor: the Central Bank's recent restrictions on Visa and MasterCard cards, which have contributed to limiting the withdrawal of dollars at the official exchange rate and their subsequent sale on the black market.
Mustafa Akram Hantoush, financial expert:
The dollar exchange rate should not exceed 1,320, even on the parallel market. The central bank sells dollars daily at this rate, exceeding $250 million. However, there are discrepancies. Any requests outside the central bank's platform are not covered, most notably trade with Iran, small traders, and the smuggling of some goods through Kurdistan. This trade is not officially covered, and therefore traders buy them from the parallel market.
Iranian situation negotiations
There are now negotiations in Iran. If they succeed and the noose is lifted on its banking system, this will ease the pressure on the Iraqi dollar, thus lowering the parallel exchange rate.
The solution lies in creating a genuine platform for financial transactions with Iran. Small traders must be covered by specialized companies that handle their needs, while smuggling must be stopped and the sanctioned countries that travelers visit must be addressed.
Khaled Haidar - Academic:
The Iraqi economy is linked to the global economy and its revenues depend on oil, which is priced in US dollars.
Trump and the American market
The US economy is currently experiencing a decline in retail sales, particularly after tariffs on countries, particularly China. This has had a significant impact on the US economy, with imported goods prices rising, inflation rates doubling, confidence in the US economy weakening, and interest rates declining. This, in turn, has impacted growth prospects.
Today's global economy is gradually beginning to rely on other currencies, such as the BRICS blocs, creating new influential poles on the global map.
Today, there is a degree of confidence in the Central Bank's performance regarding the dollar, particularly since it has restricted electronic transactions using cards used by travelers to obtain dollars at a low rate, then withdraw them abroad at the parallel market rate, profiting from the difference upon their return to Iraq and reselling them. This measure has greatly reduced fraud and dollar withdrawals.
There's also a trend today toward trading in gold, and its prices continue to rise, as it has become a safe haven and a better alternative to the dollar. Many are choosing to keep their capital in the form of gold bullion, which has affected confidence in the dollar and impacted its value.
Nabil Jabbar Al-Tamimi, economic expert, to 964 Network :
There are no political reasons for this decline, and it is within the normal range of fluctuations, given that the dollar previously reached 1,400 and then rose to over 1,500. Furthermore, there is no major event currently affecting the price, and the central bank's measures remain unchanged.
Iraqi real estate and car market stagnant!
Iraq is currently experiencing a recession in the car and real estate markets. This is primarily due to the fact that car dealers deal exclusively in dollars, not dinars. Furthermore, companies importing electric cars have emerged, and these companies are enjoying great popularity among Iraqis, in addition to accepting dinars.
Neglecting the dollar-denominated side of the market, whether in the auto or real estate markets, has led to a decline in demand for the dollar. This decline is relative, not exceeding 2.5% or 3%.
The tariffs imposed by Trump have not affected Iraq, and there is no connection between them. Regarding the negotiations between Iran and the US, in the event of tensions, demand for the dollar is expected to increase, and the rise in the price in Tehran is expected to be reflected in the Iraqi dollar, given the presence of unofficial transfers, which we have not witnessed. Furthermore, the existence of measures related to MasterCard cards and withdrawal transactions is expected to raise the price, because restricting cards stifles the markets, thus raising trading prices on the black market, but the opposite has happened.
The decline is due to internal factors. About six months ago, a clear recession began in the dollar-denominated auto and real estate markets. This recession reduced demand for the currency.
Ammar Hamad, Deputy Governor of the Central Bank, stated to the official newspaper, as monitored by 964 Network:
The improvement in the Iraqi dinar's exchange rate against the dollar in local markets is due to the Central Bank's recent policy and the country's substantial financial reserves.
The decline will continue in the coming periods. link
Mot: Just aRealized... the ""RV"" Theme Song it is!!! https://youtu.be/5jRq19uqZRM
Mot...... May the Sun!!!
MilitiaMan & Crew Iraq Dinar News Update-World Bank Group-Central Bank of Iraq-IMF-VISA-MasterCard-International
MilitiaMan & Crew Iraq Dinar News Update-World Bank Group-Central Bank of Iraq-IMF-VISA-MasterCard-International
4-27-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew Iraq Dinar News Update-World Bank Group-Central Bank of Iraq-IMF-VISA-MasterCard-International
4-27-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
“Bits and Pieces” in Dinarland Sunday PM 4-27-2025
KTFA:
Toyvp: Iraqi Drilling Company Completes 13 New Wells
26th April 2025 in By John Lee.
The Iraqi Drilling Company (IDC) has announced the successful drilling of 13 new oil wells and the rehabilitation of 53 others across various oilfields, covering the period from January to 21st April 2025.
According to IDC's Director General, Engineer Hassan Mohammed Hassan, the achievement reflects the technical and engineering capabilities of the company's workforce, which continues to deliver projects to the highest specifications and within scheduled timelines. The work was conducted in coordination with national extraction companies and international oil firms operating in Iraq.
KTFA:
Toyvp: Iraqi Drilling Company Completes 13 New Wells
26th April 2025 in By John Lee.
The Iraqi Drilling Company (IDC) has announced the successful drilling of 13 new oil wells and the rehabilitation of 53 others across various oilfields, covering the period from January to 21st April 2025.
According to IDC's Director General, Engineer Hassan Mohammed Hassan, the achievement reflects the technical and engineering capabilities of the company's workforce, which continues to deliver projects to the highest specifications and within scheduled timelines. The work was conducted in coordination with national extraction companies and international oil firms operating in Iraq.
He further noted that IDC remains Iraq's primary national arm in the field of oil well drilling and maintenance, supported by its accumulated expertise, a modern fleet of drilling rigs, and highly skilled personnel.
Clare: The Minister of Finance participates in the annual spring meetings of the World Bank Group and the International Monetary Fund.
4/26/2025 Baghdad /
Minister of Finance Taif Sami Mohammed, Governor of the Central Bank of Iraq Ali Al-Alaq, and the accompanying delegation participated in the annual spring meetings of the World Bank Group and the International Monetary Fund, held from April 20 to 23, 2025 in Washington, to discuss global economic challenges, economic development, financial stability and other related issues, in addition to plenary sessions, seminars and side consultations.
A statement by the Ministry of Finance said: "The Minister began her participation in the first meeting with the Executive Director of the World Bank, Abdulaziz Al-Mulla, and discussed the economic situation in Iraq and the role of the World Bank in supporting Iraq in its reform programs, especially in the issues of maximizing revenues, reducing expenditures, digitization, electronic systems, infrastructure projects, energy and the environment." She
also met with Hella Sheikh Rouho, Regional Vice President of the International Finance Corporation (IFC), and her accompanying delegation, and discussed with her the most important obstacles to investment in Iraq and ways to address them, as well as the most important projects supervised by this institution in Iraq in the transportation, energy and international trade financing sectors. She explained that the institution can support projects of the Iraq Development Fund. The Deputy Chairman of the Foundation also emphasized the support of the private sector and its projects, as well as the agricultural and industrial sectors in Iraq.
The delegation, headed by her, held a high-level meeting with the World Bank Vice President for the Middle East, Othman Dawani. The meeting discussed the portfolio of projects funded by the World Bank, particularly the railway project in Iraq. It was agreed to review this portfolio to follow up on project implementation, identify work obstacles, and find solutions for their implementation and completion within the specified timeframe. The meeting also discussed the government's priorities for future projects, which the World Bank can support, with regard to renewable energy, waste management, and transportation projects, especially the metro, airports, and railways. The meeting also discussed the issue of human development in Iraq, which is a government priority, to be included in the World Bank's plans to allocate support and launch future projects in the education, health, employment, and social protection sectors.
The statement added: "The Minister, along with the Governor of the Central Bank, attended the ministerial meeting chaired by the Managing Director of the International Monetary Fund, Kristalina Gurevichi, and attended by the Ministers of Finance and Governors of the IMF member countries.
The discussions focused on the global economic situation, the increasing uncertainty and its economic impacts at the local and global levels, addressing challenges and measures to enhance resilience, identifying strategies to maintain the macroeconomy and manage debt sustainability, in addition to focusing on exchanging visions and experiences regarding economic reforms, enhancing the performance of government institutions, supporting and strengthening the private sector, and opening the way for them to be at the forefront of sustaining the economic resilience of the countries of the region.
The Iraqi delegation's agenda also included participation in the meeting held with the Managing Director of the International Monetary Fund, Dr. Mohamed Maait, during which the spotlight was placed on specific reforms to improve the performance of the financial sector in Iraq, and sharing updates between the two sides through activating areas of partnership with the Fund.
During the meetings, Finance Minister Taif Sami held a coordination meeting with the Head of the International Monetary Fund (IMF) Mission to Iraq, Jean-Jacques Killaume. The meeting addressed the prospects for Iraqi economic growth through the government's reform program aimed at strengthening the oil and non-oil sectors, and how to maintain economic stability in Iraq in light of the global economic conditions.
She also met with the Director of Technical and Financial Affairs and her technical team at the IMF, responsible for providing technical support and expertise to the Ministry of Finance. The meeting discussed steps to provide technical support to the General Tax Authority and the General Customs Authority regarding the electronic automation of their systems and reviewing amendments to their laws.
Sami expressed her readiness to provide technical support and training on these systems for customs and tax employees. The meeting also discussed completing the requirements for the single treasury account and reviewing the procedures implemented by the Ministry of Finance in relation to this program.
In a related context, the delegation held a meeting with Jihad Azour, Director of the IMF's Middle East and Asia Department, where they discussed a range of economic issues and the most prominent financial policy forecasts.
For his part, the Regional Representative stressed the Fund's commitment to supporting all financial, banking, and monetary reform programs adopted by the Iraqi government. LINK
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Iraq has a private sector council now. It got started back in the earlier part of this month. Article: "Starting developing plans and strategies to boost non-oil revenues" That's going to be part of the backbone of Iraq is going to be the private sector. Boosting non-oil revenues is going to do many things but it's also going to help support the value of Iraq's real effective exchange rate.
Clare Article: “High-Level Iraqi Delegation Holds Talks with the World Bank and IMF in Washington" Quote: "According to a statement from the Ministry of Finance...Finance Minister Taif Sami Muhammad, Central Bank Governor Ali Al-Alaq, and their accompanying delegation participated in the annual Spring Meetings of the World Bank Group and the IMF held in the U.S. capital...The Minister and the Central Bank Governor further participated in the ministerial meeting chaired by IMF Managing Director Kristalina Georgieva, attended by finance ministers and central bank governors of IMF member states."
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BREAKING NEWS Iraq's Bold Request
Edu Matrix: 4-27-2025
REAKING NEWS Iraq's Bold Request -Iraqi Foreign Minister Fuad Hussein Meets U.S. Secretary of State Marco Rubio in Washington, D.C.
In today's breaking update, Iraqi Foreign Minister Fuad Hussein meets with U.S. Secretary of State Marco Rubio in Washington to discuss strengthening Iraq-US relations, improving Middle East security, and boosting economic cooperation.
A major highlight was Iraq’s push to reconsider the Level 4 travel advisory, which would allow easier travel to Iraq for investors and businesses.
This follows the successful U.S. Department of Commerce trade mission to Baghdad, where multi-billion-dollar deals were signed.
As Iraq’s security situation improves, the country is actively seeking to attract more foreign investment and expand its role in regional stability.
Stay tuned for the latest on Iraq news, foreign investment opportunities, and updates on U.S. diplomatic relations with Iraq.
Seeds of Wisdom RV and Economic Updates Sunday Afternoon 4-27-25
Apr 27
Good Afternoon Dinar Recaps,
FEDERAL TAXES TO BE 'SUBSTANTIALLY REDUCED' ONCE TARIFFS SET IN: TRUMP
The US President previously floated the idea of eliminating the federal income tax altogether and replacing it with import duty revenues.
United States President Donald Trump recently said that federal income taxes would be "substantially reduced" or potentially eliminated once the tariff regime fully sets in.
Good Afternoon Dinar Recaps,
FEDERAL TAXES TO BE 'SUBSTANTIALLY REDUCED' ONCE TARIFFS SET IN: TRUMP
The US President previously floated the idea of eliminating the federal income tax altogether and replacing it with import duty revenues.
United States President Donald Trump recently said that federal income taxes would be "substantially reduced" or potentially eliminated once the tariff regime fully sets in.
In an April 27 Truth Social post, Trump added that the focus of the purported tax cuts would be on individuals making less than $200,000 per year.
The US President also said that the "External Revenue Service" — a reference to funding the federal government exclusively through import tariffs instead of the current model of collecting taxes through the Internal Revenue Service (IRS) — is materializing.
Eliminating the federal income tax would likely be a positive catalyst for asset prices, including cryptocurrencies, as the increase in disposable income should partially flow back into productive investments. However, this stimulative effect is not guaranteed.
Trump’s plan leaves analysts and markets doubting
Trump previously floated the idea of eliminating the federal income tax in an October 2024 appearance on the Joe Rogan Experience, although Trump, who was on the campaign trail at the time, provided scant concrete details on the proposal.
The US President suggested that replacing the federal income tax with revenue from import duties would return the US to a time of prosperity seen during the Gilded Age, in the 19th century, when the US did not have a permanent federal income tax.
Research conducted by accounting automation company Dancing Numbers found that Trump's proposal could save the average American $134,809 in lifetime tax payments.
Dancing Numbers added that the tax savings could be as much as $325,561 per American if other wage-based income taxes are also eliminated.
On April 2, Trump signed an executive order imposing sweeping tariffs on all US trading partners, which included a 10% baseline tariff on all countries and different "reciprocal" tariff rates on countries with import duties on US goods.
However, since that time, the Trump administration walked back its tariff policies several times, flip-flopping on tariff rates and when the tariff regime would fully take effect.
The Trump administration's ever-changing rhetoric surrounding trade policies has heightened volatility in the US stock market, caused a rise in US bond yields, and has drawn widespread criticism from financial analysts who say the protectionist trade policies hurt capital markets while achieving little else.
@ Newshounds News™
Source: Cointelegraph
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BRICS: US SANCTIONS FAIL AS RUSSIA’S ECONOMY GROWS 4.1%
The US pressed sanctions on Russia in February 2022 after they invaded and waged war on their neighboring country Ukraine. The sanctions were aimed at stalling Russia’s growth and bringing its overall economy and GDP down. Russia teamed up with the BRICS alliance and the bloc kick-started the de-dollarization agenda to counter the US sanctions.
The BRICS bloc rewrote trade deals allowing Russia to send and accept local currencies for trade and cross-border transactions. China, India, and Saudi Arabia made use of the US sanctions and procured Russian oil and discounted prices. Saudi Arabia even brought Russian crude oil for a concession and laundered it all over Europe earning bigger profits.
BRICS member India even saved $7 billion in foreign exchange by buying Russia’s crude oil at cheaper prices due to the sanctions. Therefore, the BRICS bloc mostly benefitted from the US sanctions saving and earning billions in development. They even pushed local currencies ahead for trade strengthening their businesses and overall GDP.
BRICS: Russia’s Economy Grows 4.1% Despite US Sanctions
Trade restrictions could not stop BRICS member Russia’s growth as it immediately kick-started the de-dollarization agenda. The move helped the country navigate through troubled times and simultaneously gained the support of developing countries. “Over the past two years, the Russian economy grew by 4.1%,” said Russian Security Council Secretary Sergey Shoigu.
The latest data shows that BRICS member Russia’s economy comfortably sat above 4% despite the US sanctions.
2023: 4.1%
2024: 4.3%
2025 (Projection): 2.5%
Shoigu explained that BRICS member Russia’s banking system demonstrated remarkable resilience during the US sanctions. “Russia’s external and internal debt has diminished. Its financial and banking systems demonstrated resilience,” he said.
The diplomat added, “The external trade also retained its positive dynamics. Despite sanctions, the past year’s trade grew by $3.8 billion, to over $716 billion. Proficit of the balance of foreign trade gained $7 billion, reaching approximately $146 billion.”
@ Newshounds News™
Source: Watcher Guru
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I Grew Up Rich: 6 Money Lessons I Learned After I Lost It All
I Grew Up Rich: 6 Money Lessons I Learned After I Lost It All
G. Brian Davis Sat, June 29, 2024
An oft-cited statistic states that 70% of wealthy families lose their riches by the second generation, and 90% lose them by the third.
Why? Because the first generation earns it, the second generation spends it and the third finds itself back at square one.
It turns out that earning money and shepherding money long term require two different skill sets. All too often, no one in any of those three generations learns how to protect and grow wealth long term.
“I grew up in a wealthy family where my grandfather was the chairman of the largest textile processing mill in our city,” explained Muhammad Ali, sales director at George Digital. “Our business, established in the 1950s, was a significant player in the industry from 1970 to 2001 … However, our fortunes drastically changed, and by 2012, my father’s income dwindled to just $300 a month.
I Grew Up Rich: 6 Money Lessons I Learned After I Lost It All
G. Brian Davis Sat, June 29, 2024
An oft-cited statistic states that 70% of wealthy families lose their riches by the second generation, and 90% lose them by the third.
Why? Because the first generation earns it, the second generation spends it and the third finds itself back at square one.
It turns out that earning money and shepherding money long term require two different skill sets. All too often, no one in any of those three generations learns how to protect and grow wealth long term.
“I grew up in a wealthy family where my grandfather was the chairman of the largest textile processing mill in our city,” explained Muhammad Ali, sales director at George Digital. “Our business, established in the 1950s, was a significant player in the industry from 1970 to 2001 … However, our fortunes drastically changed, and by 2012, my father’s income dwindled to just $300 a month.
“In 2013, amidst our financial crisis, I developed an interest in programming. Unfortunately, we couldn’t afford a laptop, and we had to live with my grandparents, along with my father’s brothers and their families. This challenging period taught me several invaluable lessons about money and resilience.
“Eventually, I was the first person among my grandfather’s children and grandchildren to get a chance to study in the U.S.
“Here are some key money lessons I learned after losing it all.”
Diversify Your Income Streams
“Our family focused solely on the textile business, and when it failed, we had no backup.
“In 2015, I came across Russell Brunson’s book ‘DotCom Secrets,’ which sparked my interest in an online business. By September 2016, Adam C. Miller introduced me to the world of digital marketing. Despite the lack of resources and guidance, I persevered, slowly learning about digital PR … I also delved into local SEO (search engine optimization) and e-commerce business models.
“After our family’s textile business shut down, there was no one to restart the hosiery textile business. However, years later, I decided to reignite this passion to continue my family legacy and started Molani Enterprises, a textile sourcing and trading company. Alongside my ventures in PR and e-commerce, reviving the textile business was a way to honor my family’s history and rebuild our presence in the industry.”
Maintain a Financial Cushion
Everyone needs an emergency fund. Whether you keep two months’ or two years’ worth of living expenses in it depends on how stable your income and expenses are, but you need that cash cushion to carry you through the inevitable nasty surprises that life throws at you.
“Always keep cash savings to cover basic living expenses and emergencies. This reserve should not be touched for business investments. This lesson was crucial for me, as I witnessed bad financial decisions during our business downfall, where more money was sunk into a failing enterprise.”
Seize Opportunities
They say that when an opportunity knocks at your door, it does so dressed up like work.
To Read More:
https://www.yahoo.com/finance/news/grew-rich-6-money-lessons-210008891.html
Economist’s “New and Views” 4-27-2025
Gold Revaluation 2025: Two Paths to a U.S. Dollar Reset
Taylor Kenny: 4-27-2025
Gold revaluation isn’t a future event—it’s a process already unfolding.
In this video, Taylor Kenney reveals the quiet shift underway as trust in fiat evaporates, debt spirals out of control, and gold returns to the center of the global financial system.
There are two ways a revaluation could unfold—one is already happening, and the other could rewrite the rules overnight.
Gold Revaluation 2025: Two Paths to a U.S. Dollar Reset
Taylor Kenny: 4-27-2025
Gold revaluation isn’t a future event—it’s a process already unfolding.
In this video, Taylor Kenney reveals the quiet shift underway as trust in fiat evaporates, debt spirals out of control, and gold returns to the center of the global financial system.
There are two ways a revaluation could unfold—one is already happening, and the other could rewrite the rules overnight.
Understanding how each scenario plays out could be the key to protecting wealth and future.
The Fed Isn’t Independent — Here’s Who Really Pulls the Strings
Heresy Financial: 4-26-2025
TIMECODES
00:00 Trump Fed
00:29 Myth Fed Independence
00:52 Matters Investors
01:00 Trumps Pressure Powell
01:29 Powell Defends Fed Independence
02:21 Feds Dual Mandate Explained
03:05 Really Controls Fed
04:14 Feds Profits Go
05:02 Fed Under Government Control
05:26 Dangers Centralizing Power
06:36 Partisan Risk Fed Controlled
07:04 Real Solution End Fed
07:59 Feds History Systemic Risk
08:24 Price Controls Work
09:19 Interest Rate Setting Flawed
10:03 Controlling Money = Controlling Everything
10:40 Trumps Past Influence Fed
11:03 Bear Market End Soon
11:08 Prepare s Next
They’re Weaponizing 1 Mil SLV Shares To Block The Silver Explosion—Pure Desperation | Andy Schectman
Two Dollars Investing: 4-27-2025
1 million SLV shares were dumped in minutes to suppress silver—and Andy Schectman reveals why.
As demand for physical silver explodes, Wall Street is using paper manipulation to block the breakout. Is this the final silver suppression before a massive price shock?