Iraq Economic News And Points To Ponder Friday Morning 5-9-25

Iraq Is On The List: The 5 Largest Electricity Deals In April 2025

Energy   Economy News - Follow-up   Algeria topped the list of the top five electricity deals in April 2025, with various important projects, according to a monthly report prepared by Energy Platform.

The North African country topped the list, thanks to a number of significant deals and projects concluded in April 2025, ranging from electricity storage to the construction and development of power plants.

Meanwhile, Iraq competed in the top five electricity deals of April 2025, thanks to a number of significant projects. This included the largest deal in the history of this important sector, ensuring the country's goal of providing reliable and safe energy to its citizens is achieved.

The United Arab Emirates joined the list of the top five electricity deals in April 2025, thanks to a significant acquisition of one of the largest companies specializing in developing electricity transmission projects. Saudi Arabia also entered the list with a significant deal. Here's the full text of the report:

Electricity Storage In Algeria

Algeria's electricity storage sector topped the list of the top five electricity deals in April 2025, thanks to an agreement signed by the Ministry of Energy, Mines, and Renewable Energy to develop and strengthen the battery industry by developing the lithium division.

Under the agreement, details of which were reviewed by the specialized energy platform, an integrated strategic project will be implemented, including the valuation of national mineral resources (lithium, iron, and phosphate), ensuring support for the country's electricity storage sector.

This agreement was signed between the National Office for Geological and Mining Research (ORGM), representing the Sonaram group, and Professor Karim Zaghib, an international expert in the field of lithium-iron-phosphate batteries, one of the most important operators in this sector.

Developing A Project That Has Been Stalled For Years

By developing a project that had been stalled for years, Algeria maintained its position at the top of the list of the top five electricity deals in April 2025. Sonelgaz, the Algerian Electricity and Gas Company (Egyptian Electricity and Gas Company), announced that it had reached a preliminary agreement to develop a power plant in Ain Oussera, Djelfa province.

According to what the specialized energy platform has seen, the proposal of the Spanish company "DURO FELGUERA" to award the remaining work of the project to build the Ain Oussara power plant in the state of Djelfa to a Chinese alliance consisting of three companies has been approved.

From The Implementation Works Of The Djelfa Power Plant - Archive

Sonelgaz explained that the agreement obligates the Chinese consortium, consisting of three companies: CPECC-APCC-NWEPDI, to gradually operate the power plant starting in the ninth month following the final agreement.

It's worth noting that the Spanish company entered the pre-bankruptcy phase in December 2024, having halted construction of a giant power plant in Algeria since June 2024.

Battery Storage In Saudi Arabia

Saudi Arabia ranked among the top five electricity deals in April 2025, thanks to a major deal that launched the second phase of a battery-powered electricity storage system. The deal, with investments exceeding SAR 6.73 billion and a capacity of 2.5 gigawatts, saw the Saudi Electricity Company sign purchase contracts with several companies.

Under the deal, this phase includes five projects, distributed across Riyadh, Qaisumah, Al-Jawf, Al-Dawadmi, and Rabigh. These projects are part of the National Renewable Energy Program, supervised by the Ministry of Energy, to enable the proportion of renewable energy capacity in the total electricity mix to increase to 50% by 2030.

The Saudi Electricity Company (SEC) signed purchase contracts with China's BYD and Al Fanar Projects to supply and build storage systems with a capacity of 500 megawatts and a capacity of 2,000 megawatt-hours for each of the five sites.

The Largest Deal In Iraq's History

Baghdad occupied a significant position on the list of the top five electricity deals in April 2025, thanks to the largest deal in Iraq's history. This deal was the signing of a memorandum of understanding (MoU) with GE Vernova, under the framework of cooperation principles, which includes projects for combined-cycle gas-fired power plants with a capacity of approximately 24,000 megawatts.

From the signing ceremony of the largest electricity deal in Iraq's history - Photo courtesy of the Ministry of Electricity

According to the memorandum of understanding, reviewed by the specialized energy platform, external financing can be secured from international banks to develop and maintain existing power plants, in addition to constructing new plants to increase generating capacity.

The American company will implement the projects in three phases, spanning the next four years, including improvements to the efficiency of existing generating units and the introduction of modern technologies to increase production without the need for additional fuel.

Emirati Acquisition Deal

The UAE joined the list of the top five electricity deals in April 2025, thanks to a deal in which Abu Dhabi National Energy Company (TAQA) acquired 100% of Transmission Investments (TI), a leading UK-based energy and utilities investment platform.

Under the deal, the Emirati company acquired a significant stake in the marine electricity transportation sector, particularly as the British company is one of the largest operators of marine electricity transportation assets and connects offshore wind power plants to the UK's electricity grid.

This deal will strengthen the Emirati company's position in this important sector, as TI will become part of TAQA Transmission Networks and provide a highly skilled and experienced team of 40 individuals.
190 views  Added 05/08/2025 - https://economy-news.net/content.php?id=55254

Globally, Gold Continues To Decline.

Time: 2025/05/08 09:30:35 Read: 1,770 times  {Economic: Al Furat News} Gold prices continued their losses during trading on Thursday, despite the US Federal Reserve's warning of increased risks to rising inflation.

In trading, gold futures fell by about 0.8% to $3,364.9 per ounce.

The yellow metal had fallen by more than 1% after the US Federal Reserve decided to hold interest rates steady. However, the US central bank announced that it had identified increased risks of rising unemployment and inflation.

Federal Reserve Chairman Jerome Powell stated that tariffs are larger than expected, and that if the large tariff increases continue as announced, "we will see higher inflation and lower employment."

However, Powell stressed that the current economic situation does not permit a preemptive interest rate cut, and that the president's calls for a rate cut do not affect their work within the Fed at all. LINK

asra Oil Prices Rise In Global Markets

Energy    Economy News – Baghdad   Basra Heavy and Medium crude oil prices rose despite stable global oil prices.

Basra Heavy crude prices rose 49 cents to $60.41, while medium crude prices rose 49 cents to $63.56.

Global oil prices stabilized after falling by more than a dollar in the previous session. Brent crude reached $61.12 today, while US crude reached $58.12 per barrel. 139 views   Added 05/08/2025 - https://economy-news.net/content.php?id=55243

The Dollar Continues To Decline Against The Dinar In Baghdad

Stock Exchange  Economy News – Baghdad  The US dollar exchange rate fell against the Iraqi dinar on Thursday morning in Baghdad markets.

The dollar exchange rate fell on Baghdad's two main stock exchanges, Al-Kifah and Al-Harithiya, to 142,000 dinars per $100. On Wednesday morning, the dollar exchange rate was 143,400 dinars per $100.

Selling prices at exchange offices in Baghdad's local markets recorded a decline, with the selling price reaching 143,000 dinars for $100, and the buying price reaching 141,000 dinars for $100.

233 views  Added 05/08/2025 - https://economy-news.net/content.php?id=55247

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Friday Morning 5-9-25

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GENIUS Stablecoin Bill Fails Initial Senate Vote Amid Partisan Tensions

▪️The GENIUS Act, aimed at regulating stablecoins, failed its first cloture vote in the Senate with a 49-48 tally; Senator Thune changed his vote to "no" to allow future reconsideration.

▪️Democrat Senators, joined by Republicans Hawley and Paul, blocked the motion, citing the need for more time to educate lawmakers and improve the bill’s language.

▪️Senator Ruben Gallego acknowledged bipartisan progress on the bill and called for a delay until Monday, but the request was blocked—likely by Senator Warren.

▪️Concerns over Trump's crypto ties, including a $2B transaction involving the Trump family stablecoin USD1 and a UAE firm, have increased Democrat resistance.

▪️Senator Thune accused Democrats of obstruction, saying the bill had already undergone six revisions and bipartisan committee support.

@ Newshounds News™
Source:  Ledger Insights

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SEC Commissioner Peirce Proposes Flexible Framework for Tokenized Securities

▪️ SEC Commissioner Hester Peirce unveiled a proposal for a regulatory exemption framework to test tokenized securities, aiming to balance innovation with investor protection.

▪️ The proposed framework would create a sandbox-like environment, allowing firms to issue, trade, and settle tokenized assets using blockchain under controlled conditions.

▪️ Conditions include anti-fraud compliance, detailed disclosures (including smart contract risks), financial safeguards, SEC oversight, and trading volume limits.

▪️ Peirce emphasized the need for scalable, sensible regulation to reverse the 20-year decline in public listings and ensure the U.S. remains competitive in capital markets.

▪️ The initiative, inspired by global regulatory sandboxes, seeks feedback and could evolve with the maturity of tokenized markets.

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Source:  Bitcoin News

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“Tidbits From TNT” Friday Morning 5-9-2025

TNT:

Tishwash:  A new digital gateway: Iraq launches first unified telecom transit route

Iraq has signed a strategic transit agreement with DIL Technology, a Kurdish-licensed firm, to enable seamless data flow across its territory.

The deal, finalized on Thursday by the Ministry of Communications, marks the first time Iraq presents a unified telecom front to international companies. It streamlines the process of transmitting data through the country, eliminating the need for companies to negotiate separately with federal and Kurdish entities.

Hayam Al-Yasiri, the Minister of Communications, said the agreement boosts Iraq’s potential as a secure and efficient alternative to unstable maritime routes, especially amid rising concerns from global telecom providers over regional disruptions.

The newly integrated corridor stretches from the southern port of Al-Faw to the northern border at Ibrahim Khalil border crossing, forming a continuous fiber-optic network under centralized oversight.

The agreement, according to Al-Yasiri, not only enhances Iraq’s appeal to international partners but also supports long-term revenue generation and digital sovereignty.

DIL Technology, which maintains infrastructure across Iraq’s border crossings, will serve as the technical facilitator under the federal ministry’s authority.  link

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Tishwash:  Improvement or temporary truce? The dollar's decline sparks hope in the Iraqi street. 

At a time of volatile market conditions and turmoil in citizens' pockets, the decline in the dollar exchange rate offers a glimmer of hope amid the darkness of the economic crises that have long exhausted Iraqis. Many families breathed a sigh of relief after seeing prices drop slightly, and many merchants felt a sense of reassurance as they reassessed their accounts in hopes of stability. But behind this sudden decline lie questions that are even bigger than the numbers: Is this a real improvement or merely a temporary truce?

Iraqis, tired of the dollar's rise and fall, are now viewing this decline with caution, watching the small details behind the big decisions. Amid this atmosphere, economic researcher Mustafa Hantoush, commenting today, Thursday (May 8, 2025), dotted the i's and crossed the t's.

Hantoush told Baghdad Today, "Trade with Iran, and with the ongoing talks between Iraq and the United States, has become less of a concern. Now, the Central Bank has moved to fill up $5,000, which has eased the pressure on the parallel market."

He added, "If the monopoly with Iran, the issue of travelers to sanctioned countries, and the monopoly of competition between banks are addressed, the exchange rate will return and stabilize at 1,350 dinars. But if they are not addressed, prices will remain volatile, and the decline will remain temporary."

The dollar exchange rate against the dinar recorded a new decline in local markets in Iraq today, Thursday (May 8, 2025).

A Baghdad Today correspondent said that the dollar exchange rate reached 142,000 dinars per $100 on the Al-Kifah and Al-Harithiya stock exchanges, while the selling price was 143,000 dinars per $100.

He pointed out that the purchasing price at exchange offices in local markets in Iraq is 141,000 dinars for $100.  link

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Tishwash:  The dollar's exchange rate is stabilizing towards its target: adaptation or adjustment?

Dr. Haitham Hamid Mutlaq Al-Mansour

 It became clear in the period from last April until this May that the dollar exchange rate in Iraq began to stabilize, declining towards the (official) target level. Therefore, a question may be raised in this context: Is this stability the result of “adaptation” or “adaptation”?

To answer this question, we examine the reality of monetary policy measures that strengthened the foreign exchange signal's response to the downward trend, which can be described in the following paragraphs:

1. The Central Bank's restrictive policy of controlling dollar sales to banks through transparency measures for transfers of unclear origin aimed at combating smuggling. This increased the official supply and eased pressure on the exchange rate.

2. The effectiveness of monetary policy in financing foreign trade through highly rated correspondent banks, within the framework of the US Treasury and Federal Reserve's conditions. This is in addition to the trend toward settlement in euros, yuan, and UAE dirhams, which has facilitated remittance transactions in our trade with China, Turkey, and the UAE.

3. Added to this is the decline in demand for the dollar due to the increased level of banking compliance with international conditions on dollar transfers to prevent their smuggling to Iran, Syria, and Turkey via Iraq. As a result, suspicious transfers have decreased, and illicit demand for dollars has declined, contributing to the stability of the dollar exchange rate.

4- The effectiveness of the Central Bank’s foreign reserves management to compensate for the decline in the dollar supply in the parallel market, thus curbing the exchange rate towards the target.

5- The effectiveness of the inflation targeting policy led to a slowdown in the rise in the general price level (inflation) in Iraq, which limited the phenomenon of dollarization and raised the real value of the dinar.

6- Decline in speculation in the parallel market. Following the regulatory measures, the activity of unlicensed money changers and speculators who artificially raised prices declined.

7- The effectiveness of financing travelers in dollars through the official rate using payment cards at reduced costs and at the official exchange rate of 1320 dinars per dollar, in addition to collecting cash dollars through Iraqi airports, in the amount of 3000 dollars at the official rate for each traveler per month who carries an electronic payment card.

8- External international factors related to a general weakness in purchasing power in global markets and a decline in stocks, which caused a decline in the value of the dollar and a rise in gold, leading to a decline in demand for it globally and locally.

From the above-mentioned reasons, we find that exchange rate stability, despite its importance as a short-term objective of monetary policy, was achieved through “adjustment,” i.e., a short-term price adjustment trend resulting from short- or medium-term measures and treatments for exchange rate fluctuations. The aim was to restore temporary economic equilibrium without changing the basic structure of the economy and without deep-rooted long-term policies, which reduces the effectiveness of targeting the exchange rate at the long-term target level. Stability could have been achieved as a result of long-term structural “adjustment” by following long-term policies as follows:

1- Decrease in demand for the dollar due to the availability of agricultural or industrial GDP revenues as a substitute for imports.

2- Improvement in the balance of payments thanks to non-oil agricultural and industrial exports.

3- Structurally reforming the banking system and activating the role of monetary tools, especially the interest rate structure, in a way that restores the overall balance to its natural state without a split between what is real and what is monetary.

4. Reducing rentierism by diversifying the economy through allocating resources based on foreign trade to generate national surplus value. The result: more sustainable stability, as the economy becomes less dependent on external factors.

If the current balance remains in place, the dollar supply will still be vulnerable to depletion within a year of imports if oil exports cease due to wars and threats, for example, or if the economy is exposed to similar external shocks. Furthermore, reliance on reserve management and other stringent measures will not be sufficient to ensure long-term exchange rate stability.

In conclusion, while ensuring that the exchange rate stabilizes near its target level is a significant achievement for monetary policy, the absence of structural reforms, economic diversification, improving the business environment, combating corruption, and other factors will make any exchange rate stability vulnerable to reversal, particularly with oil price fluctuations, political crises, and external shocks. This underscores the importance of planning for long-term structural adjustment at the macroeconomic policy level.  link

Mot: Corn syrup season is here!!!!!

States To Defend People's Gold & Silver | Andy Schectman

States To Defend People's Gold & Silver | Andy Schectman

Liberty and Finance:  5-8-2025

In this livestream Q&A, Miles Franklin CEO & President Andy Schectman explores the growing grassroots movement of states pushing back against federal monetary control and defending the constitutionally protected right to sound money.

As inflation and financial instability escalate, more states are stepping up to assert their sovereignty and protect their citizens from the consequences of decades of reckless fiscal policy.

 Schectman discusses whether this movement could mark a turning point in the battle against the financial tyranny imposed since the Fed’s creation in 1913.

As inflation continues to bite and financial uncertainty looms large, a quiet revolution is brewing across the United States. A growing grassroots movement of states is pushing back against the long-standing grip of the federal government on monetary policy, asserting their sovereignty and defending the constitutionally protected right to sound money.

In a recent interview with Liberty and Finance, Miles Franklin CEO & President Andy Schectman delved into this burgeoning movement, exploring its potential to reshape the financial landscape. Could this be the turning point in the fight against the financial tyranny that, according to Schectman and many others, has been imposed since the Federal Reserve’s creation in 1913?

For decades, Americans have witnessed the erosion of their purchasing power as the Fed has printed money at will, fueling inflation and devaluing the dollar. Now, fueled by growing discontent, states are taking matters into their own hands, exploring alternative currencies, challenging tax laws related to precious metals, and demanding greater transparency in monetary policy.

Schectman highlights the significance of this movement. He argues that these states are not just reacting to the immediate pressures of inflation and financial instability, but are also asserting their constitutional rights.

The Constitution grants Congress the power to coin money and regulate its value, a power that many believe has been unlawfully delegated to the Federal Reserve.

The states are employing various strategies to reclaim control over their financial destiny.

 Some are working to exempt gold and silver from state sales taxes, effectively recognizing precious metals as legitimate forms of currency. Others are exploring the feasibility of establishing state-backed digital currencies or alternative payment systems.

This movement is not just about economics; it’s about liberty and the future of American sovereignty. By challenging the Fed’s monopoly on money, these states are implicitly challenging the federal government’s overreach and demanding accountability from elected officials.

The fight for sound money and financial freedom is a long and challenging one. But the growing grassroots movement of states pushing back against federal monetary control offers a glimmer of hope.

By working together, Americans can demand accountability from their elected officials and reclaim control over their financial destiny, securing a more prosperous and stable future for themselves and their nation.

 This movement, as Schectman suggests, could be the key to unlocking a new era of financial independence and limited government, paving the way for a return to the principles of sound money and individual liberty.

https://www.youtube.com/watch?v=oLN7q3aRhAY

Iraq Economic News And Points To Ponder Thursday Afternoon 5-8-25

Al-Mashhadani And The US Chargé d'Affaires Discuss The Arab Summit In Baghdad

Thursday, May 8, 2025 | Politics Number of readings: 71  Baghdad / NINA / Parliament Speaker Mahmoud Al-Mashhadani and the Chargé d'Affaires of the US Embassy in Baghdad, Elizabeth Kennedy Trudeau, discussed on Thursday the Arab Summit to be held in Baghdad and the importance of the role of the Iraqi Parliament in passing laws that serve the public interest.

Al-Mashhadani's media office said in a statement: "Parliament Speaker Mahmoud Al-Mashhadani received the Chargé d'Affaires of the US Embassy in Baghdad, Elizabeth Kennedy Trudeau, and her accompanying delegation."

The statement added that during the meeting, "the bilateral relations between the two countries and ways to strengthen them, expand the circles of understanding, and activate the friendship committees to serve the interests of the two peoples were discussed. The two sides also discussed developments in the regional, Arab and international situations, and a number of topics of common interest."

It pointed out that "the importance of the Arab Summit to be held in Baghdad on the 17th of this month and the importance of the role of the Iraqi Parliament in passing laws that serve the public interest were also discussed."

The Speaker of Parliament stressed, according to the statement, the importance of holding parliamentary elections on the scheduled date, noting that "the biggest challenge lies in broad participation."

Al-Mashhadani stressed "the importance of stopping the war on the Gaza Strip, the importance of calm in Yemen, supporting stability in Syria, and sparing the region further escalation with dire consequences." /End   https://ninanews.com/Website/News/Details?key=1225567

Abu Raghif To A High-Level Delegation From Meta: Our Digital Sovereignty Is A Priority, And Establishing A Regional Center For The Company In Iraq Is Important.

Time: 2025/05/08 Read: 1,785 times   {Local: Al Furat News} The head of the Communications and Media Commission, Nofal Abu Ragheef, received a high-level delegation from Meta, the company that owns the Facebook, Instagram, and WhatsApp platforms, at the commission's headquarters in Baghdad, headed by Basma Amari, Public Policy Manager for the Middle East and North Africa region.

A statement by the commission, a copy of which was received by {Euphrates News}, stated that "the meeting was devoted to discussing avenues of cooperation between the two sides regarding content regulation and enhancing Iraq's secure digital presence on the company's platforms."

During the meeting, Abu Ragheef stressed that "the Communications and Media Commission places at the forefront of its priorities the preservation of Iraq's digital sovereignty and the emphasis on respect for privacy and national standards in everything published on social media platforms," ​​noting "the importance of achieving clear understandings with Meta in this regard."

This is the first visit of its kind to Iraq by a senior Meta official and reflects the company's interest in developing its relationship with official Iraqi authorities as part of its efforts to understand Iraq's digital priorities and build direct and more effective communication channels with regulatory bodies.

During the meeting, according to the statement, "ways to develop joint follow-up and coordination mechanisms to monitor misleading or offensive content were discussed, and to adopt fairer and more transparent procedures for Iraqi users, particularly with regard to deleting content or blocking pages affiliated with media and official institutions."

The Communications and Media Commission also stressed the "need to adopt specific paths to verify official accounts in direct cooperation with the Commission, and to establish a regional support center for Iraq to facilitate communication with relevant authorities and address reports related to content or usage policies."

The meeting also addressed the importance of implementing joint awareness programs on digital security and information verification, in partnership with universities and civil society organizations, to support efforts to raise community awareness of digital threats and self-protection mechanisms.
At the conclusion of the meeting, Abu Raghif affirmed that the Commission "is open to conscious cooperation with global technology companies, in a way that enhances user confidence, preserves Iraq's digital presence, and ensures a fair and balanced communication environment that adheres to the state's legal and sovereign frameworks." LINK

Al-Sudani: Baghdad Is Hosting The Arab Summit At An Exceptional Moment For The Region

Thursday, May 8, 2025 | Politics Number of reads: 383   Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani stressed: "Baghdad is hosting the Arab Summit at an exceptional moment in our region, a moment of major transformations, open conflicts and complex regional challenges.

" Al-Sudani said in statements to the newspaper / Asharq Al-Awsat /: "The Arab Summit in Baghdad comes in a transformative context. It is a moment in which the Iraqi national will meets the general Arab hope to overcome differences and move towards building an effective and comprehensive Arab cooperation system."

He added: "Iraq believes that strengthening Arab action begins with strengthening relations between Arab capitals, from the Gulf to the Ocean, on the basis of mutual respect and non-interference in internal affairs. Today, we need a responsible Arab discourse based on political realism and believing that solidarity does not mean identicality, but rather respect for specificities within a unity of purpose and destiny."

The Prime Minister pointed out: "The challenges facing the region, from the repeated Israeli aggression on Gaza, the West Bank, Lebanon and Syria, to the internal divisions and regional and international interventions, threaten not only the security of peoples, but also our collective will as a nation."

He explained: "The time has come to launch a unified Arab initiative that goes beyond the humanitarian dimension and supports the building of a nation-state based on the constitution, dignity, and diversity." He pointed out: "The absence of effective international engagement requires Arab countries to have a comprehensive development strategy."

He emphasized: "Arab national security is indivisible and cannot be achieved without effective cooperation, balanced policies, and strong institutions that protect the supreme interests of the nation."

He continued: "We are not only rebuilding Iraq, but we are participating in reshaping the Middle East through a balanced foreign policy, conscious leadership, development initiatives, and strategic partnerships."

Economically, the Prime Minister called for adopting an integrated economic approach that addresses development disparities and enhances collective capacity to confront food, energy, and supply chain crises. He pointed out that the Development Road project, which is nearing completion, is a practical model for this approach and can be a pillar for genuine Arab partnerships.

Al-Sudani concluded by saying: “Baghdad, the capital of Arab thought and shared history, opens its arms to the Arab Summit, confident that what unites us is greater than what divides us, and that we have a valuable opportunity to shape a more cohesive and dignified future for our peoples.” /End https://ninanews.com/Website/News/Details?Key=1225481

Signing Two Agreements With France To Finance Projects Worth 130 Million Euros.

May 8, 2025  Baghdad - Qusay Munther  The Ministry of Finance signed two agreements with the French Development Agency to finance vital projects in the sanitation sector, totaling 130 million euros. These agreements aim to improve the environment and basic services in Anbar and Diwaniyah governorates, as part of a comprehensive government plan based on the budget law.

Signing Two Agreements

A statement received by Al-Zaman yesterday said that “the Minister signed two agreements with the French Agency, the first of which relates to signing a supplementary loan for the Al-Khalidiya District Sewerage Project in Anbar Governorate, worth 30 million euros, bringing the total financing for the project to 110 million euros. The second agreement was allocated to finance the Al-Hamza District Sewerage Project in Diwaniyah Governorate, with a loan amounting to 100 million euros.”

Sami stressed that "the government seeks, through this step, to transfer the technology and expertise used in France in the field of wastewater treatment to Iraq, which will contribute to improving the service reality and enhancing the health environment in the beneficiary cities."

 She added that "these agreements are part of a financing package provided by the French government aimed at supporting infrastructure projects in various governorates, and come in implementation of what is stipulated in the Federal General Budget Law for the years 2023, 2024 and 2025, and in line with the directions of the ministerial program, which emphasized directing borrowing towards feasible investment projects."

Meanwhile, Minister of Construction, Housing and Public Municipalities, Benkin Rekani, launched the implementation of the Rose City project in Baghdad. During the launch ceremony yesterday, Rekani said, “Iraq has not witnessed the implementation of major projects for more than 45 years due to the wars and events that the country has experienced, which led to the deprivation of strategic projects and the deterioration of the level of services as a result of the continuous pressure on the infrastructure.”

 He pointed out that “the current government has sought, in various ways, to move towards service and development projects.”

New Cities

“With this project, we will move from creating neighborhoods and residential complexes to building new cities planned according to civilized standards that meet the requirements of modern life by adopting environmental plans, energy sustainability, and modern insulation systems, to provide integrated services for an integrated city,” Rikani explained.

He continued, “The project will include, in addition to residential units, services, and job opportunities, recreational areas and large green spaces.” He went on to say, “This is the first experience of its kind in Iraq in decades, and is considered the largest development project in the country.”

He pointed out that “the project extends over an area of ​​24 thousand dunums, and includes about 100 thousand housing units of various types and levels, including hospitals, universities, commercial markets and entertainment areas,” indicating that “the city of roses will be built in three phases, and is close to the Army Canal Expressway, about 17 kilometers away.”

He went on to say that “the ministry is implementing an expressway linking the Canal area to the city, and a group of adjacent plots of land have been distributed among members of the Ministry of Defense, with plans for additional future expansions.”   LINK

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 5-8-25

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MISSOURI BILL ENDING CAPITAL GAINS TAX HEADS TO GOVERNOR FOR SIGNATURE

Missouri will become the first US state to eliminate the levy if Governor Mike Kehoe signs the bill into law.

Missouri House Bill 594, a bill that would eliminate capital gains tax in the state, has passed a vote in the House of Representatives and now heads to the governor’s desk.

According to attorney Aaron Brogan, the bill stipulates a 100% income tax deduction for any capital gains income because Missouri’s tax code does not explicitly distinguish between capital gains and income tax.

Brogan compared the bill’s structure to the federal SALT deduction, but called it “the inverse, which I have never seen before.”

The bill’s timing is notable as it follows proposals from President Donald Trump to overhaul the federal income tax system through comprehensive reform.

Trump proposes eliminating federal income tax in the United States

Trump has proposed offsetting or eliminating federal income tax, replacing it with revenue from import tariffs.

“When Tariffs cut in, many people’s income taxes will be substantially reduced, maybe even completely eliminated… The focus will be on people making less than $200,000 a year,” Trump wrote on April 27 via Truth Social.

He added this would incentivize factory jobs to return to the US by avoiding import duties on finished products.

However, market reaction has been overwhelmingly negative:

• Stock markets lost trillions following tariff announcements.

• Crypto markets shed hundreds of billions in value.

• Bond yields spiked, signaling investor flight from US debt.

@ Newshounds News™
Source:  CoinTelegraph

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COINBASE ACQUIRES CRYPTO DERIVATIVES EXCHANGE DERIBIT FOR $2.9 BILLION

Today Coinbase confirmed it has agreed to acquire Deribit, the largest crypto options exchange, for $2.9 billion, including $700 million in cash with the balance in stock.

Deribit may not be the number one overall in crypto derivatives, but it is the world leader in crypto options. It currently has more than $30 billion in open interest. Coinbase already has a derivatives subsidiary, which is particularly active in perpetual futures, so Deribit complements this well. The acquirer claims the combination will make it the derivatives market leader.

“We’re excited to join forces with Coinbase to power a new era in global crypto derivatives,” said Deribit CEO Luuk Strijers. “As the leading crypto options platform, we’ve built a strong, profitable business, and this acquisition will accelerate the foundation we laid while providing traders with even more opportunities across spot, futures, perpetuals, and options – all under one trusted brand.”

Beyond market position, Coinbase highlighted financial benefits, noting that Deribit will help to even out its earnings by diversifying revenue streams because options earnings are less cyclical compared to spot.

Deribit was founded in the Netherlands but operated out of Panama for several years, before moving recently to Dubai. A key driver was to provide regulatory certainty to its institutional clients, which make up 80–90% of its client base.

The transaction is expected to close by the end of the year, subject to regulatory approvals.

@ Newshounds News™
Source:  Ledger Insights

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Some “ Iraq News” posted by Clare at KTFA 5-8-2025

KTFA:

Clare:  Al-Sudani arrives in Ankara and considers the "Development Road" project an economic approach to confronting crises.

5/8/2025

Prime Minister Mohammed Shia al-Sudani arrived in the Turkish capital, Ankara, on Thursday morning for an official visit, according to a brief statement issued by his media office.

Before heading to Ankara, Al-Sudani wrote a newspaper article in which he described the "Development Road Project," which Iraq has begun constructing to transport goods from the Gulf via Turkey to Europe, as a move toward an economic approach to addressing crises.

In his article, the Prime Minister said, "Iraq calls for adopting an integrated economic approach that addresses development disparities and enhances collective capacity to confront food, energy, and supply chain crises."

He added, "The Development Road project, which is nearing completion, is a practical model for this approach and can serve as a foundation for genuine Arab partnerships."

Al-Sudani continued, "Today, we are not only rebuilding Iraq, but we are also participating in reshaping the Middle East through a balanced foreign policy, informed leadership, development initiatives, and strategic partnerships."

Al-Sudani's visit to Ankara came to participate in the meetings of the Iraqi-Turkish Supreme Council for Strategic Cooperation.

Fahrettin Altun, the head of the Turkish Presidency's Communications Department, confirmed in a post on Twitter on Wednesday that Al-Sudani will make an official visit to Turkey accompanied by a high-level delegation and will meet with President Erdogan at the presidential complex in the capital, Ankara.

The Turkish official added that Turkish-Iraqi relations and current regional and international developments will be discussed, in addition to holding a high-level Strategic Cooperation Council meeting between the two countries.

Alton stated that documents aimed at strengthening cooperation in various fields between the two countries are expected to be signed during Al-Sudani's visit, predicting that Al-Sudani's visit will strengthen the already strong Turkish-Iraqi relations in many areas.

On Tuesday, Mukhtar al-Moussawi, a member of the Iraqi parliament's Foreign Relations Committee, revealed to Shafaq News Agency that al-Sudani will visit Türkiye this week and will discuss security, economic, and water issues in Ankara.

The Iraqi embassy in Ankara announced last Monday the arrival of an official Iraqi delegation in preparation for the signing of bilateral memoranda of understanding.

Iraqi Ambassador to Ankara, Majid al-Lajmawi, stated that Iraqi Prime Minister Mohammed Shia al-Sudani's upcoming visit to Turkey will include discussions on several issues, including development, energy, and trade.

Turkish Transport Minister Abdulkadir Uraloğlu previously announced that Iraqi Prime Minister Mohammed Shia al-Sudani will visit Türkiye in the coming days, while Turkish President Recep Tayyip Erdoğan will visit Iraq during the first half of this year.   LINK

***********

Prime Minister Mohammed Shia al-Sudani affirmed on Thursday that Baghdad is hosting the Arab Summit at an exceptional moment for the region, calling for responsible Arab discourse and economic integration to confront challenges.

In his speech at the opening of the Arab Summit in Baghdad, Al-Sudani said, "The Arab Summit in Baghdad comes in a transformative context. It is a moment when the Iraqi national will converges with the general Arab hope to overcome differences and move towards building an effective and comprehensive Arab cooperation system."

He added, "Today we need a responsible Arab discourse based on political realism and a belief that solidarity does not mean conformity, but rather respect for particularities within a common goal and destiny."

Al-Sudani pointed out that "Iraq believes that strengthening Arab action begins with strengthening relations between Arab capitals from the Gulf to the Atlantic, based on mutual respect and non-interference in internal affairs."

He warned that "the challenges we face—from repeated Israeli aggression on Gaza, the West Bank, Lebanon, and Syria, to internal divisions in some Arab countries, to regional and international interventions—threaten not only the security of these peoples but also our collective will as a nation. "
He called for "the launch of a unified Arab initiative that goes beyond the humanitarian dimension to support the building of a national state based on the constitution, dignity, and diversity," stressing the importance of "having a comprehensive Arab development strategy."

Al-Sudani called for "the adoption of an integrated economic approach that addresses development disparities and enhances collective capacity to confront food, energy, and supply chain crises," noting that "the Development Road project, which is nearing completion, is a practical model for this approach and can serve as a pillar for genuine Arab partnerships."

He emphasized that "Arab national security is indivisible and cannot be achieved without effective cooperation, balanced policies, and strong institutions that protect the supreme interests of the nation."

Al-Sudani concluded his speech by saying: "From Baghdad, we address an appeal to all Arab capitals: It is time to start anew, on new ground, with a new methodology, and a new will."  LINK

~~~~~~~~~~~

Clare: Al-Sudani: Baghdad is hosting the Arab Summit at an exceptional moment for the region.

LINK

Clare:  The Central Bank's trilogy curbs the parallel market. The dollar drops to a historic low for the first time since 2022.

5/8/2025 - Baghdad

The Iraqi dinar has seen a significant improvement in its value against the US dollar in Iraqi markets over the past few weeks, with the hard currency declining for the first time since 2022, reaching 141,000 per $100.

Before Ramadan, the dollar exchange rate hovered around 150,000 dinars per $100. During Ramadan, the dollar exchange rate remained relatively stable at around 147,000 to 149,000 dinars per $100. However, with the beginning of April, coinciding with Trump's announcement of a tariff war, the dollar exchange rate in Iraq declined rapidly, reaching 142,000 dinars per $100 today.

This improvement was driven by a package of monetary and regulatory policies that succeeded in reducing demand for foreign currency through informal channels.

In this context, the Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Saleh, identified three main factors that contributed to curbing the parallel market and strengthening the dinar.

In an interview with Al-Eqtisad News, Saleh said that the Central Bank of Iraq has succeeded in meeting the dollar needs of major traders by strengthening national banks' reserves with their foreign correspondents, which are highly rated (AAA) banks, and by beginning to use alternative currencies such as the Emirati dirham, the euro, and the Chinese yuan in banking operations, especially with Iraq's main trading partners such as Turkey, the UAE, and China. This approach has contributed to accelerating remittances and reducing reliance on the parallel market.

Small businesses accounted for approximately 60% of private sector trade in Iraq. Supported by new government measures, this category of traders was facilitated to access dollars directly through Iraqi banks, eliminating the need for expensive intermediaries. This contributed to absorbing a significant portion of the parallel demand for dollars.

Saleh noted that travelers are now able to obtain dollars at the official exchange rate (1,320 dinars per dollar) using electronic payment cards, in addition to the ability to obtain $3,000 in cash per month through official airport outlets, significantly reducing their reliance on the black market.

Saleh emphasized that several supporting factors also contributed to reducing pressure on the dollar in the parallel market, including stricter legal procedures for dealing in dollars outside the banking system. This prompted individuals to avoid the legal risks associated with the black market and turn to gold as a savings instrument, due to global dollar fluctuations and concerns about the future of paper currency.

Al-Sudani's advisor pointed to the increasing demand for government bonds with attractive semi-annual returns, which have become a reliable tool for preserving value, away from speculation in the foreign exchange market. He also emphasized the success of hypermarkets in stabilizing the prices of basic commodities, which has weakened the impact of the parallel market on citizens' livelihoods and contributed to overall economic stability.

Concluding his remarks, the Prime Minister's advisor noted that demand for gold has reached a historic peak, driven by growing concerns among Iraqis about the possibility of the US Federal Reserve canceling or reducing some paper dollar denominations in the future. This has prompted citizens to diversify their savings away from the US currency.

In addition, economic expert Manar Al-Abidi identified a number of other reasons that led to the decline in the dollar's price locally.

Al-Obaidi told Al-Eqtisad News that the primary reason for the dollar's decline is a decline in demand on the parallel market, coupled with a significant increase in the supply of hard currency, both from domestic and foreign sources. He explained that this new balance has helped narrow the gap that has long separated the official exchange rate from the parallel market rate.

Among the notable changes, Al-Obaidi points to the declining confidence of many local investors in the dollar as a savings instrument, due to expectations of a decline in its value against gold. This trend has prompted a large segment of citizens to exchange dollars and purchase gold, increasing the dollar money supply in the local market.

In contrast, other sources have contributed to the increase in dollar supply, most notably remittances and foreign investments, particularly those related to international companies operating in Iraq. According to Al-Obaidi, these inflows are no longer solely linked to oil revenues, but rather come from additional channels that have helped ease pressure on foreign currency.

In a remarkable monetary measure, the Central Bank of Iraq (CBI) reduced the dinar money supply by more than 6 trillion dinars over the past six months, declining from 104 trillion to approximately 98 trillion dinars. This contraction helped raise the relative value of the dinar against the dollar, placing additional pressure on the parallel market.

Regarding trade, despite a 6% increase in imports from China, Iraq's imports from major countries such as India, Turkey, and the United States saw a significant decline. Upcoming figures are also expected to reveal a decline in imports from the UAE, which accounts for 30% of Iraq's total imports. This reflects a decline in overall demand for the dollar due to the contraction in trade activity.

Al-Abidi also points to the expansion of channels for accessing dollars at the official exchange rate, through bank cards, official money transfers, and direct transfers, which has prompted many merchants and individuals to move away from the black market.

In addition, regional conditions played a significant role in easing pressure on the dollar. The deteriorating economic situation in Iran led to a decline in demand for goods imported from Iraq, which were re-exported there. The cessation of trade with Syria also contributed to the decline in import demand.

Al-Obaidi also points to a decline in the trade in smuggled oil and prohibited goods, which used to rely heavily on dollar-denominated transactions on the parallel market. These activities have recently been curtailed through strict security and banking measures.

Al-Abidi believes that the continuation of these trends could push the dollar to levels close to 1,395 dinars in the coming period, barring any sudden developments in monetary policy or regional balances. LINK

Gold Can be Used to Rebalance the Global Economy Without a World War

Luke Gromen: Gold Can be Used to Rebalance the Global Economy Without a World War

Palisades Gold Radio:  5-8-2025

Tom welcomes back Luke Gromen of Forest For The Trees back to the show. The discussion delves into complex economic and geopolitical dynamics, focusing on how global powers might navigate a transition away from the dollar-based system towards a neutral reserve asset like gold.

He begins by highlighting that the current dollar-centric system is unsustainable due to high deficits and debt levels. A potential solution, he suggests, involves using gold as a neutral reserve asset, which would allow commodities to be priced in multiple currencies and facilitate trade settlements.

This shift could create a more balanced and resilient global economic framework.

Moving on to geopolitical implications, Gromen notes that the conflict in Ukraine has underscored the limitations of conventional military strategies, shifting the balance of power dynamics. He points out that countries like Russia and China are driving efforts to move away from the dollar system, which necessitates a new economic framework.

This transition is not just an economic shift but also a significant geopolitical realignment. Luke emphasizes the importance of incentives for avoiding direct military confrontation with major powers.

He explains that such conflicts are strategically unwise due to nuclear deterrence and the deep interdependence of economies. Instead, he argues that negotiating a new economic order aligns with long-term strategic interests and avoids the catastrophic consequences of war.

 Drawing on historical context, Mr. Gromen observes that the post-World War II debt-based economy is nearing its limits, making it imperative to return to a more sustainable model.

He suggests that transitioning to gold as a reserve asset could reboot global economies, fostering stability and growth without resorting to conflict.

This approach not only addresses current economic challenges but also positions nations for future prosperity.

Time Stamp References:

0:00 - Introduction

0:55 - Tariffs & China's Response

 5:52 - Trade Disruption & Inflation

 8:26 - Inflation & Real Rates

10:35 - Bessent Put & Move Index

12:26 - Treasury Auction Thoughts

16:45 - W. Buffett Cash Reserve

22:14 - Inv. Funds and Mandates

23:53 - News Cycle/Gold Theory

31:00 - Chinese Fin. Officials

 34:46 - Large U.S. Gold Imports

40:48 - Official Denial/Confirm

44:44 - Revaluing Gold Reserves

48:28 - Gold Backed Treasuries?

51:49 - Gold Pricing Cui Bono

54:17 - Oil/Dollar Scenarios

1:02:03 - Russia/Saudi & Oil Mkts.

1:03:39 - Economics & Derisk. Conflict

1:14:53 - Incentives & Ukraine

1:17:17 - End of Debt as Assets Era

1:21:30 - Wrap Up

https://www.youtube.com/watch?v=VIi-pSLBFhI

“Bits and Pieces” in Dinarland Thursday 5-8-2025

Robinhood Just Bought Bitstamp for $200 Million

589bull:  5-8-2025

ROBINHOOD JUST BOUGHT BITSTAMP FOR $200M.

Bitstamp is RippleNet royalty.
One of the oldest, most compliant exchanges on Earth.
Deep ODL integration.
XRP liquidity hub.
Licenses in 50+ jurisdictions.

And they sold for $200M?
Yeah… nah. That’s strategic positioning, not price discovery.

Bitstamp gives Robinhood:
• Global rails
• Institutional client access
• Staking & lending backend
• XRP corridors already operational

That’s a reset utility node acquisition.

Robinhood isn’t the real player here. Look deeper.

You’re watching a handoff:
Regulators.
Treasury-friendly players.
Backdoor access to Ripple corridors.

This wasn’t a buyout. It was a chess move.

Ask yourself this:
If Bitstamp’s so critical to XRP flow… Why would they sell now?

Simple:   The reset is coming online.

 Control over the pipes matters more than control over the coins.

You don’t need to own XRP to control XRP. Own the rails. Own the exchanges. Own the gateways.

Robinhood just became a gatekeeper. And they got it for pennies. You’re watching financial infrastructure consolidate.

They just bought the bridge. And now they’re tolling it.

Source(s):
https://x.com/589bull10000/status/1920160624979415310

https://dinarchronicles.com/2025/05/08/589bull-robinhood-just-bought-bitstamp-for-200-million/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  It's not the central bank's job to tell you when a revaluation is going to happen.  They're  not going to tell you what rate it's going to be.  There could be indicators...Let them do what they do.  The cool part is we can  see they are moving towards a digitalization of the government, borders and what they talked about launching, a digital dinar.  And  we have the IMF talking about them using dinar in foreign transfers.  Let that sink in. 

 Frank26   Article:  "Trump teases 'very, very big announcement' ahead of Middle East trip, Carney says he's 'on edge of my seat'" This announcement may be related to the Iraqi dinar...Now he may go to Baghdad.  This is seriously swelling up for a reason, a purpose.  Let's see what it turns out to be.  Let's see what his announcement is...It's either about Iran or Iraq.  That's what's on his mind, to play fair with the American currency...It's either Iraq or Iran and you know something? ...I'll take either one!

Mnt Goat   When the new rate for the Iraq dinar is reinstated on FOREX it will happen to the entire world all at once no matter what time zone...There will be no insider trading. When FOREX opens it opens...There are no such “tiers” for exchanging nor “redemption” centers...We We will be conducting a simple currency exchange at the bank.

CENTRAL BANK COLLAPSE IMMINENT!  Rafi Farber's MUST-SEE 2025 Gold & Silver Price PREDICTION!

5-7-2025

When is the next silver squeeze going to happen? What will happen to the silver price? Is central bank collapse imminent? Rafi Farber joins us to discuss gold & silver prices that are set to skyrocket!

https://www.youtube.com/watch?v=VTeqPY7XSLs

Bail-In Risk Rises as Shadow Banks Hit 49% of Global Assets

Taylor Kenny:  5-8-2025

Shadow banking, hedge funds, and extreme leverage—a $250 trillion risk hiding outside traditional regulation. Taylor Kenney exposes how unaccountable private equity firms are gambling with your savings, and what happens when these hidden risks come crashing down. Discover why the next financial crisis may already be unfolding in the shadows.

 https://www.youtube.com/watch?v=nAeX8Wv_4WU

Thursday Coffee with MarkZ. 05/08/2025

Thursday Coffee with MarkZ. 05/08/2025

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 morning all….Many RV Blessings to everyone

Member: Maybe today’s announcement  from Trump will set the stage for the big reveal?

Member: I heard the announcement was a trade deal with the UK.

Member: What are you hearing today Mark?????

MZ: Maybe the Trade deal with the UK is just one of the announcements. Guess we will see.

Member: Trump and team are doing a tour of the middle east next week…..That may be good news for us.

Member: Baghdad has set May 17 as start of Arab Conference

Member: Trump said it’s something we’ve not discussed for years

​​Member: The BIG ANNOUNCEMENT may be going to be to announce the external revenue service???

Member: I think announcement is going to a Gold standard. He said the big announcement will be “earth shattering”

Member: Trump said "you've been waiting for this for years"?? So imo, not just a trade deal

Member: Genius act will be the big announcement IMO. Stablecoin framework. That’s the foundation for all the trade deals, cross border settlements in local currencies and on and on

Member: Does Trump Give the Green Light for The RV? If not- I wonder who does?

Member: Did anyone see Mike B update from wolverine? This am was very positive & very near

Member: Charlie Ward once said , that the fiat dollar had to crash before the currency reset ??

Member: Hi Mark, any news from Reno? my platform saying Reno to start next week, do you agree?

MZ: I know that some bond facilitators have been paid…..some I know personally. But they did not get all of their dollars…yet. Bond people are taking a lot longer than we expected. Seems we get a spurt of payouts…then maybe a little clean up…then another spurt…then maybe more clean ups? Just a guess.

MZ: I do have some contacts from the Indian Nations that are saying they have some things they need to complete today and they expect to move forward within the week. I have one who is expecting them to move forward today with funding of the Indian Nations.

MZ: This is tier 3 stuff and if we get these confirmations- we can throw a party. This is the first time I have heard this from the Indian Nations

Member: this is from a while ago….Guess its still valid?  There are 5 Tiers of folks Exchanging. Tier 1-governments and royalty Tier 2-whales-elite with platforms of currency, corporations, etc. Tier 3-Admirals Group, American Indians, Historic Bonds, CMKX, large church groups (like the Mormons), etc. Tier 4-all the hundreds of thousands paying attention to intel - internet groups(all of us). Tier 5- those who never paid attn - the general public.

MZ:  In Iraq: “Iraqi bank identifies the most expensive currency that guarantees market leadership”  This is a feel good piece that says to have faith and trust in the system in Iraq.

MZ: “ The Dinar recovers its health- Dollar decline in Iraq due to local measures” The dinar value is climbing and the US dollar value is falling. They need to stabilize the dinar so they can increase its rate.

Member: Like the word “close”, I’m tired of hearing “in the coming weeks”, “the next several weeks”. Say nothing and just do it.

MZ: “The Central Bank reins in the parallel market. Historic decline of the dollar since 2022” This is a victory lap with all the changes they have made. They are stabilizing their currency and increasing its value.

MZ:  Really good articles out since yesterday

MZ: Video out From ITM Trading:  “US Basel 3 deadline approaches as Central banks brace for Gold Reset”  I thought this one was a great one for Andy to talk about.

MZ: Every segment of the market is talking about the impending “gold reset”

MZ: “ A currency market avalanche is heading for the US dollar and the tremors started this week” Andy told us this would happen. That all the US dollars our there would suddenly start rushing back.

MZ: “IRS loses nearly 1 in 3 tax auditors in DOGE cuts -Watchdog reports “  They are already reassigning some of these auditors for immigration and human trafficking .So instead of harassing the middle and lower class…they will be going after bad guys.

Member: Mark…what if this whole deal comes to fruition this weekend … will you pop in?

Member: Mark always said that no matter the time or day…..he would let us know

Member: Safe travels Mark and congratulations Lucie on your graduation!1

Member: See everyone Saturday Morning

Mod: FRIDAY IT'S LUCIE'S GRAUATION! CONGRADS TO HER! MARK WILL BE SPENDING TIME WITH FAMILY! NO 10:00 AM FRIDAY MORNING PODCAST! AS YOU ALL KNOW BY NOW, NO FRIDAY NIGHT PODCAST! MARK PLANS A SAT. PODCAST.

Mod:  NO PODCAST TONIGHT!

Mod:  BREAKING NEWS: MarkZ's WEEKEND email address: Don't Write Me@NeverOnDAUGHTERSRRADUATION.Com SERIOUSLY, MARK NEEDS A LITTLE TIME FOR HIMSELF AND THE FAMILY. THANK YOU!

StacieZ joins the stream today. Please listen to the replay for here information.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

 Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

Mod: FRIDAY IT'S LUCIE'S GRAUATION! CONGRADS TO HER! MARK WILL BE SPENDING TIME WITH FAMILY! NO 10:00 AM FRIDAY MORNING PODCAST! AS YOU ALL KNOW BY NOW, NO FRIDAY NIGHT PODCAST! MARK PLANS A SAT. PODCAST. NO PODCAST TONIGHT!

Youtube:     https://www.youtube.com/watch?v=H2b4BxiGc34

News, Rumors and Opinions Thursday 5-8-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR Update as of Thurs. 8 May 2025

Compiled Thurs. 8 May 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 6 May 2025 A small bank in Alabama has suspended services from Thurs. 8 May to Mon. 12 May saying customers will then be able to access a new digital platform. …Jordan Clark on X

Tues. 6 May 2025 The Big Call Bruce: A High up source with Wells Fargo said Tier4b (us, the Internet Group) could (allegedly) get 800s sometime between now and Thurs. 8 May 2025 and then immediately begin our appointments.

Increases in SS payments to (allegedly) go out during May. Redemption Centers to be (allegedly) open through the end of this month of May. If you have Zim and were unable to redeem it in May, Wells Fargo will be able to redeem it in June. If you have Zim and have a project you can still get the Contract Rate on Dinar, but you have to ask for it.

Tues. 6 May 2025, A2Z DreamZ: Vietnam has (allegedly) already started their revaluation process on the Dong. On Mon. 5 May Sudani had a meeting with heads of all banks. The following morning Tues. 6 May at 7 am Baghdad time a text was(allegedly)  sent out telling people to bring in their Dinar to the Banks for a higher guaranteed purchasing power rate. This caused traffic jams and lines on the streets to form. On Tues. 6 May my policeman friend in Baghdad confirmed that a neighbor went to his bank with a suitcase of Dinar. He (allegedly) came home with a new Mastercard that would be active on the morning of Thurs. 8 May.

~~~~~~~~~~~~~~~~

Global Currency Reset:

Wed. 7 May 2025 Gold Signaling a Financial Reset is Upon us: https://dinarrecaps.com/our-blog/gold-is-signaling-a-financial-reset-is-upon-us

Wed. 7 May 2025: Iraqi Dinar to $6.9 +? Final Revaluation Window Leaked by Bank Insider! Forex News Iraqi Dinar – YouTube

Wed. 7 May 2025: Forex on Fire: Dinar Stuns at $4.04, Dong Surges to $2.06 – A New Era Begins! Iraqi Dinar

Wed. 7 May 2025: Vietnam Dong BREAKOUT Begins! VND Exchange Rate Surging Fast in 2025 – Revaluation Imminent?

Wed. 7 May 2025: Wells Fargo Confirms Revaluation: IQD and VND Set to Soar – Massive Win for Investors – Iraqi Dinar

Wed. 7 May 2025: Dinar & Dong Holders: Get Ready for the May 7th Currency Shift! Iraqi dinar news today 2025

Wed. 7 May 2025: Vietnamese Dong SHOCKS the World Overnight! | Massive VND Revaluation Explained

Read full post here:  https://dinarchronicles.com/2025/05/08/restored-republic-via-a-gcr-update-as-of-may-8-2025/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26  We have learned once again that Alaq has admitted from last year that they are lifting the value from the currency by removing the zeros from their exchange rate.  He admitted it to the citizens and to the world that they are lifting the 3-zeros and adding purchasing power to the currency.  Will it be this year or next year?  I believe it will be this year...I  don't know...but it is now a fact of Iraq's life that they are lifting the 3-zeros from their exchange rate to add value to their  currency.  

Fnu Lnu  They have one shot to pull this off and I assure you they will not squander it...We will have an RV but the entirety of the geo-political world are in a tizzy and it is not going to get better for a while. If Trump is as  smart as people believe him to be, he will successfully rearrange the global markets and pull a reset almost unimaginable. It's about time someone had the huevos to do what has been needing to be done for most of my rather long life.  

Fed Is Missing the Recession – Massive Policy Error Ahead | Danielle DiMartino Booth

Kitco News:  5-7-2025

The Federal Reserve held rates steady at 4.25%–4.50%, but Chair Jerome Powell admitted he doesn't know which threat will hit harder — rising inflation or surging unemployment.

Danielle DiMartino Booth, CEO of QI Research and former Fed advisor, joins Jeremy Szafron to break down why she believes the Fed is missing clear signs of recession and a credit crunch already hitting Main Street.

In this high-impact post-FOMC interview, DiMartino Booth warns that bankruptcies are accelerating, job losses are looming, and the Fed is too reliant on lagging data.

 She also responds to speculation about the Fed buying Treasuries and unpacks how China’s massive stimulus package may complicate U.S. monetary policy.

Key Topics:

-Powell’s admission the Fed is flying blind

 -Why the soft data says recession is already here

-Surge in corporate and household bankruptcies

 -Breakdown of the Fed’s balance sheet runoff and Treasury buying rumors

-China’s new $130B stimulus: What it signals and how it could spill into U.S. markets

 -The real risks of a policy mistake if the Fed waits until Q3 to cut

https://www.youtube.com/watch?v=E381EpOKmes