Economist’s “News and Views” Friday 5-9-2025

GOLD: The Lifeboat Amid $300 Trillion Debt Crisis, “The Dollar War is Over” | Matthew Piepenburg

Soar financially:  5-9-2025

Is this the final chapter for the U.S. dollar’s dominance? Matthew Piepenburg joins us to break down historic global shifts, surging gold prices, and what he calls the ‘Stalingrad moment’ of the U.S. dollar.

From tariff wars and autocratic rises to BRICS realignment and bond market breakdowns, Piepenburg outlines why everything is pointing to a new global order. Is gold finally vindicated? Is the Titanic sinking? Why aren’t we hearing more about BRICS?

00:00 - “The Dollar’s Stalingrad Moment”

00:36 - Welcome back: Matthew Piepenburg returns

01:00 - Gold was $750 cheaper last time we spoke

 01:30 - 80 years since WWII: Is a global reset underway?

06:00 - The rise of autocrats: Populism or debt desperation?

11:30 - Titanic analogies & government patchwork fixes

 18:00 - Can tariffs save a sinking ship?

26:00 - U.S. debt & bond market revolt—are foreign holders fed up?

37:00 - Bretton Woods 2.0 under Trump?

42:00 - Are BRICS just silent… or planning something massive?

49:00 - Is the gold community finally vindicated?

56:00 - Did gold just break the cartel?

https://www.youtube.com/watch?v=qUjyk2YiLDk

The Fed is Stuck - Get Ready for QE

Heresy Financial:  5-9-2025

TIMECODES

00:00 Market Confusion After FOMC

 00:15 QE is Coming Soon

 00:32 How to Read Fed Statements

01:05 Fed Dismisses GDP Drop

 01:50 Risks of Inflation vs Unemployment

 03:00 Fed Tools and Tradeoffs

04:00 Fed Slowing Balance Sheet Reduction

05:01 QE is Around the Corner

 06:00 Tariffs and Deflation Pressure

07:02 Why the Fed Will Pivot

 07:28 Long-Term Debt Cycle Insight

08:19 Higher for Longer is the New Normal

https://www.youtube.com/watch?v=I6xj_l3XQW8&t=98s

Bruce’s Big Call Dinar Intel Thursday Night 5-8-25

Bruce’s Big Call Dinar Intel Thursday Night 5-8-25 

Transcribed By WiserNow Emailed To Recaps

Welcome  everybody to the big call tonight. It is Thursday, May 8th  I love that number eight. Don't you Sue and yeah, you're listening to the big call. Thanks for tuning in, everybody. Thank you satellite team for getting the call out all over this globe, and thank you for yet another fun night for the big call to take place –

Now, let's get into where we are. Intel wise, okay, you we did hear that the quantum financial system is fully integrated. We keep hearing that, but I believe now it's completed. As of 5pm today, everything was totally synced up that Eastern Time, everything was fully synced and lined up and ready to go.

We also heard they have our quantum cards delivered to the redemption centers. We kind of talked a little bit about that. I think it was on Tuesday or maybe last week. It was and our quantum cards have our names on them already. They're expecting us to go to the redemption centers to the zip code where we live, most likely, and that's why they sent those to the redemption centers.

They also have our so called Digital golden wallets ready, and that's what their talk said, was that, are we talking about cryptocurrency here? No, this is talking about the quantum account card would go in that. You know, that's what we use with the biometrics. Everything's lined up, biometrics, our new username password, the five digit PIN code that we come up with, and a new email and email password -   those six points are what determines our quantum card so we can access our quantum accounts and move funds into accounts.

Initially, we'll be able to move pretty good sum that will last us easily for the first 60 days, and then after that six after that 60 day period, they're telling us, we will have access to all of, all of our exchange

Now there are no structured settlements. That was old school. That was old stuff we heard a long time ago.  It was from the deep state. It's going to be, it's going to be really, really good. We're going to have plenty of opportunity to move funds into our account and have we understand three different banks tied to the quantum card. So I'm using Wells and maybe add one or two more banks to it down the road.

 No rush to do it . You're also going to get a debit credit card that you will use to use your debit or credit card. Now that would be a Wells Fargo bank, credit debit card. Okay?

Because the quantum account, you don't buy anything with it. It's kept in a very safe location, and you only use it when you're moving funds from your quantum bank account  into your bank accounts. Get that clear in your mind how that works.

Now everything is lined up and ready for us. President Trump after he made his Oval Office press conference - let's call it today with the UK, the United Kingdom, which is four countries. It's England, it's Wales, it's Ireland and Scotland, those four countries in the United Kingdom.

So we have a trade deal that they put together, this is the first official post tariff trade deal that's been put together that was announced today. Everyone was happy. UK representatives were happy. President Trump was happy. We're all looking good, and it's just that's just one of probably 100 deals that will  be done  100  deals

Now, talking about trade, our treasury secretary and I heard one other counselors say, Scott Bessent  like I said, most people say besent , but I like Bessent -  I'm sorry Scott, Scott is headed over to Switzerland and see probably already on his way to meet representatives from China to try to put a China trade deal together.

 I think he'll do a wonderful job that. And then maybe someone, I'm sure there are other people in his in his group, that will help assist that --  President Trump, on the other hand – after this speech today in press conference, was on his way to Qatar. And remember, it's Q, U, A, T, A R, Qatar. It's not Qatar. Qatar is C, U, T, E R, mosquito spray - okay, this is Qatar, and that's how it's pronounced.

Qatar was his first stop, and then his next stop is Saudi Arabia. And we think his third stop is Iraq. What would he do for Iraq tomorrow? We're hearing tomorrow at approximately 10 o'clock. It's not an official time, approximately 10 o'clock Eastern. We believe President Trump will be making an announcement about the revaluation of the Iraqi Dinar -  he's going to be in Iraq, and who will he accompany him in Sudani probably?

He probably could be CBI representatives Iraq, or maybe even Sunil  Al Shabbibi . Maybe more, but I think we're looking for an announcement tomorrow about the revaluation of the Iraqi dinar, which is already taking place.

Secondly, looking for something regarding NESARA  and GESARA, about that. Maybe just a brief, brief overview, maybe no depth on it. So just something there. So there's 123, there's also, we believe, going to announce the revaluation of currencies under the Global Currency Reset.

You might use that terminology to do something different, but basically announce that, and then the next possible announcement is about a peace deal with Hamas and Israel so that area can be started to be rebuilt. You know the difference between Palestine and Israel? I don't know.

 I know that we've got a three day cease fire Ukraine with  Russia. Russia didn't want to agree to a 30 day Cease fire. But I'm hoping that can be massaged a little bit. Maybe, maybe we could get to that -  President Trump hates to hear about the war that's going on between Russia and Ukraine and and all the people up to about he said averaging about 5000 young people dying every week over there.

He said a real number could be more, is what he said today. So that's definitely something we want to get, get moved beyond. But the theory is that we get this announcement in Iraq tomorrow, and then we get notified shortly thereafter, and we start setting our appointments and begin our exchanges

Now. Beyond that, I can tell you that redemption center personnel that we know of are on call, but in 930 tomorrow, in the redemption center, justify those two concepts, they're on call, but you're going in at 930 in the morning tomorrow. Okay, I'm just gonna say they're going in at 930

Now Saturday. These same individuals in the redemption centers are going in at 9:15 AM on Saturday.

Now, if we go Friday or we go Saturday, going to continue to go through Sunday,  I don’t know it is Mother’s Day – going to leave that open. We don't know. Theoretically, they would go right on through include Sunday - people would exchange and still have a Mother's Day celebration, even a big one  after they exchange.

So not sure about Sunday, but we do know redemption centers are planning to stay open, not everywhere, but for the most part, until the end of the month,  May 31st.

Okay, this month should be colossal for us. It should be a bundle for us. We should get increases in Social Security. Our Doge payment checks are some in the mail in the first two weeks -  Well, we're wrapping up one week Saturday  the next week starts Sunday - So if you don't have one by the weekend, maybe you'll get a check next week.

And then don't forget the R and R restitution reclamation allowance, or, however, whatever R’s  you like, that's supposed to be for those of us who are exchanging at the redemption center when we go in we should ask about it.

And I told you, if you had projects and if you had Zim and Dinar -  are not offered the contract rate on the Iraqi dinar and zim to go ahead and ask them for it, I understand there is a contract rate on the Dinar  and they say yes.

And they supposedly, if you do that, they have to give it to you, kind of a back screen rate at the redemption center  that's a  Win, win, win for us to get that rate pretty strong rate too -  President Trump. You guys, a couple weeks ago, was trying to, trying to get it, get Iraq to increase that by increasing their per barrel of oil price that they're selling their oil for. And I don't know that that's happened.

And you know what? It really doesn't matter how high it is, it'll be terrific. It'll be a great rate. That's all we need to know. Rates have been solid on the screens through yesterday, through yesterday, and I think that we are in a good position now. Yeah, I hope we've had a celebration call, this is pre- celebration.

We don't have the numbers yet, but I do believe if we  - we should get started tomorrow  or Saturday and get started with exchanges. If we don't start tomorrow, should start over the weekend, which is, to me, Saturday, Sunday.

 So that's what we're hearing in terms of the timing of this, our new timeline. Kind of excited about it going finally, because it looks like everything is really complete. appears to be done. And the announcements here, when President Trump, believe was yesterday, said was yesterday. Was it Tuesday? Said that he was going to be making sn earth shattering  announcement in a few days. He was usually three days.

And, yeah, I look forward to tomorrow - I believe he made my announcement to us on Tuesday, and I brought up on the call. And I think that means that we're looking good for him to make that announcement tomorrow out of Iraq. So I'm going to be up in the morning looking for that.

You know, I usually watch one American news or news max. I don't really watch Fox. Or you'll be on Fox, on Fox News probably. That will be the starting off going for us - 

Now, we would probably get the numbers out, put it on the website, of course, send out an email blast to everybody that wants toll free number to make sure some people that may not have emails for there's most out the email, then we can, you know, call center with 800 and so on, and go right in, set appointments, right?

 Well, what if they don't have your email, or you've changed it, they don't have you're doing, you know, that's where we come in. We're supposed to fill in the blanks on the big call and let everybody know what it is. I was hoping I'd get the number before tonight be able to share it on the big call.

A lot didn't happen, but we probably need President Trump to make this announcement first tomorrow. Let's hope it is tomorrow. Let's hope it's around 10. Don't hold me to the point to the time exactly. I've heard it should be made tomorrow morning, around 10, Eastern Daylight Time - so we'll see. I think we're that close, though, to  letting it go.

All right. Great weekend, ladies. Have a wonderful Monday, and let's just see if we get some notifications after President Trump does his speech, out of Iraq, tomorrow. Let's see what happens. All right. God bless you guys have a great weekend.

Bruce’s Big Call Dinar Intel Thursday Night 5-8-25 REPLAY LINK   Intel begins   1:02:40

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Bruce’s Big Call Dinar Intel Tuesday Night 5-6-25 REPLAY LINK   Intel Begins   1:10:30

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 Bruce’s Big Call Dinar Intel Thursday Night 5-1-25 REPLAY LINK   Intel begins   57:07

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Bruce’s Big Call Dinar Intel Tuesday Night 4-29-25 REPLAY LINK   Intel Begins   1:23:43

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Bruce’s Big Call Dinar Intel Thursday Night 4-24-25 REPLAY LINK   Intel begins   1:06:06

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Bruce’s Big Call Dinar Intel Tuesday Night 4-22-25 REPLAY LINK   Intel Begins   1:03:55

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Bruce’s Big Call Dinar Intel Friday Morning 4-19-25 REPLAY LINK   INTEL ONLY No Transcription

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

Good Afternoon Dinar Recaps,

THREE NEW U.S. STATE-LEVEL BITCOIN BILLS SIGNED INTO LAW
From New Hampshire to Arizona to Oregon, more proposed Bitcoin legislation has become law in recent days.

This week, three U.S. states have enacted bitcoin-related bills into law.

On Tuesday, New Hampshire became the first state to sign into law a bill that would allow for the creation of a strategic bitcoin reserve (SBR).

On Wednesday, Arizona enacted its second bill related to bitcoin, blockchain, and digital assets.

Also on Wednesday, Oregon’s governor signed a bill into law that updates the state’s commercial code to recognize digital assets such as bitcoin as collateral.

New Hampshire Can Now Establish An SBR
On Tuesday, New Hampshire signed HB302 into law, making it the first state in U.S. history with the legal footing to create an SBR.

The new law enables the state treasurer to invest in digital assets that have a market cap of over $500 billion. (Bitcoin is the only digital asset that currently meets this criteria.)

While the law doesn’t specifically call for the creation of an SBR, it does enable the state’s treasurer to create one.

This historic law was enacted thanks in part to the efforts of Rep. Keith Ammon, the primary sponsor for this bitcoin-related bill.

Arizona Governor Vetoes One Bitcoin Bill But Signs Another
On May 2, Arizona Governor Katie Hobbs vetoed SB1025, which would have enabled the state treasurer and retirement system to invest 10% of their available funds into virtual currencies.

The bill was known as the “Arizona Strategic Bitcoin Reserve Act”.

However, on May 7, Governor Hobbs signed HB2749 into law — a bill that also establishes a state-level digital assets reserve.

HB2749 amends Arizona’s unclaimed financial property statutes to allow the state to claim bitcoin or digital assets that have been abandoned or unclaimed after three years.

This is the second bitcoin-related bill Governor Hobbs has signed in recent weeks — the first being HB2342 on April 18, which protects individuals running blockchain nodes from local restrictions.

New Oregon Law Recognizes Bitcoin As Collateral
On Wednesday, Oregon Governor Tina Kotek signed SB167 into law.

This law updates Oregon’s Uniform Commercial Code (UCC) to:

• Recognize digital assets such as bitcoin as collateral

• Introduce Article 12, which establishes a legal framework for “controllable electronic records,” including cryptocurrencies

This sets the legal groundwork for bitcoin and other digital assets to be used in traditional financial products in Oregon.

Picking Up The Pace
Prior to this week, only three bitcoin-related bills had been signed into law:

• Utah’s HB0230 (signed March 12): Defined and regulated digital assets

• Kentucky’s HB701 (signed March 24): Offered protections for individuals and businesses engaging with digital assets

• Arizona’s HB2342 (discussed above)

If this week is any indication, more Bitcoin legislation may be codified into law in the near future.

@ Newshounds News™
Source:  Bitcoin Magazine

~~~~~~~~~

BRICS: ASIA COULD DUMP $2.5 TRILLION WORTH OF US DOLLAR CURRENCY

The US dollar may face a huge crisis from BRICS and other Asian currencies, as Stephen Jen, CEO of Eurizon SLJ Capital, revealed to Bloomberg that an “avalanche” of USD selling worth $2.5 trillion could come from Asian countries.

He explained that Asian exporters and investors have stockpiled a massive amount of USD over the years, which could soon be dumped as the greenback weakens against local currencies in 2025.

The Bloomberg currency index shows that the USD is down 8% since February, while local currencies are outperforming the global reserve currency.

This trend gives the BRICS alliance more momentum to push the de-dollarization agenda, as $2.5 trillion worth of USD now hangs on a thread.

“We suspect these dollar hoardings by Asian exporters and institutional investors may be extremely large. Possibly on the order of $2.5 trillion or so. And pose sharp downside risks to the dollar vis-à-vis these Asian currencies,”
– Jen and Joana Freire

BRICS: US Dollar Faces a Threat of $2.5 Trillion Sell-off

BRICS and other developing nations are now economically strong enough to offload their US dollar reserves.

There is a growing belief in an “important imbalance in the world” that puts the US dollar in a vulnerable position, said Jen.

The long-term appeal of the USD is fading, as local currencies offer advantages like:

• No excessive debt burdens

• Mutual GDP strengthening when used for trade

The dollar’s dominance is shrinking globally.

De-Dollarization Expands Beyond BRICS

Beyond BRICS, de-dollarization is also accelerating in countries such as:

• Taiwan

• Malaysia

• Vietnam

In these regions, the US dollar is becoming secondary in trade and investment.

Jen further noted that Asian nations have external surpluses, which allow them to hedge against USD fluctuations with more flexibility.

“The American economy is at the crossroads of a global paradigm shift where its power is on the decline.”

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

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Thank you Dinar Recaps

Vietnam and Iraq Economic News from KTFA 5-9-2025

KTFA:

Henig:  KRX system officially goes live

May 05, 2025 - 16:04

The system, developed with technology support from the Korea Exchange (KRX), is expected to bring significant changes to trading practices and boost market transparency and efficiency.

HÀ NỘI — After more than a decade in preparation, the Hồ Chí Minh Stock Exchange (HOSE) officially launched the long-anticipated KRX trading system on Monday morning.  The system, developed with technological support from the Korea Exchange (KRX), is expected to bring significant changes to trading practices and boost market transparency and efficiency.

 The trading session opened with some notable excitement. The VN-Index rose more than eight points shortly after the market opened after a long holiday, reflecting investor optimism.  However, the session began somewhat sluggishly. According to reports from several investors, the opening auction (ATO) experienced some delays and the system was not initially smooth.

These early hiccups were resolved and trading proceeded more stably as the session progressed. The KRX system is an information technology platform designed to modernise and standardise Việt Nam’s stock market operations. 

With a total investment of approximately VNĐ900 billion (US$34.7 million), the system offers numerous new features, including updates to trading orders, enhanced functionalities for retail investors and a foundation for future reforms. 

Though originally scheduled for completion in 2021, the project encountered repeated delays and only recently completed extensive testing throughout 2024.

A key change brought by the KRX system is the modification to how ATO (At-the-Opening) and ATC (At-the-Closing) orders are handled.  Previously, these orders were prioritised over limit orders (LO) during periodic matching phases. Under the new system, ATO and ATC orders no longer receive priority over pre-entered limit orders.

 They are now displayed at a specific price level, aligning more closely with LO orders, rather than being shown as 'ATO' or 'ATC'. The system also changes the rules for modifying or canceling orders. Investors can no longer simultaneously amend both price and quantity in a single transaction. Adjusting the price or increasing the order size resets its time priority, while decreasing the volume does not. As before, order cancellations and modifications remain restricted during ATO and ATC sessions.

Another notable update is the replacement of the traditional market price order (MP) with the market-to-limit order (MTL). In cases where an MTL order is only partially matched, the unfilled portion is automatically converted to a limit order (LO) with a price adjusted by ±1 tick from the initial order - improving price control during execution. The KRX system also enhances negotiated trades and odd-lot transactions. Both the buyer and seller may now input orders directly, with the other party confirming the trade - an improvement over the previous system, where only sellers entered orders.

Once a negotiated trade is completed, it cannot be canceled or amended. Retail investors also benefit from expanded odd-lot trading capabilities. With the new system, odd-lot limit orders (LO) can be placed continuously from 9am to 2.45pm, instead of being limited to continuous matching or negotiated trade sessions as in the past.

Ahead of the launch, HoSE and its technology partners conducted a final round of testing on May 4, including system integration, market configuration checks, database validation, server and application monitoring and storage assessments.

This ensured full operational readiness among all stakeholders. Major securities firms, including SSI, ACB Securities and Bảo Việt Securities, confirmed successful system conversions and announced readiness for the first official trading session under the new platform. 

SSI reported that its upgraded online trading system is now compatible with the KRX system and offers pre-market order placement from 7.30am. ACB Securities and Bảo Việt Securities also affirmed that their system transitions had been completed on schedule. Other brokerage houses, such as MB Securities, Shinhan Vietnam Securities, Việt Dragon, VCBS, BVSC and DNSE, similarly reported the completion of necessary upgrades, including data reconciliation and system connectivity.  Firms across the industry have expressed confidence in the potential of the KRX platform to improve order handling, streamline retail trading and facilitate better integration of foreign investor transactions and securities under trading restrictions. The official rollout of the KRX system concludes a nearly 13-year journey of planning, investment and technical coordination. 

Its implementation marks a critical milestone for Việt Nam’s capital market development, laying the groundwork for future enhancements in market infrastructure, investor experience and regulatory oversight, as well as market upgrade from frontier status to emerging market. — BIZHUB/VNS  LINK

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

Clare:  Iraq's customs revenues reached 59 billion dinars after implementing the ASYCUDA system.

5/9/2025- Baghdad

Finance Minister Taif Sami announced on Friday a significant increase in customs revenues following the implementation of the ASYCUDA Customs Automation System, amounting to more than 59 billion dinars.

 Sami said in a statement to the official agency, followed by "Al-Eqtisad News," that "customs revenues before the implementation of the ASYCUDA system amounted to 375,675,732,360 dinars, while after the implementation they rose to 435,421,672,805 dinars, an increase of 59,745,940,445 dinars."

 She added, "The General Authority of Customs has begun implementing the ASYCUDA system in 15 customs centers, including: Air Cargo Customs, Dry Port, Baghdad International Airport Terminal, Grand Welcome Square Customs, Trebil, Safwan, Arar, Umm Qasr Middle, Umm Qasr South, Kirkuk Airport, Zurbatiyah, Al-Mundhiriyah, Mandali, Al-Shaib, and Al-Shalamcheh."

She explained that "the Authority has currently begun implementing the second phase of the system, which will extend over two years. This phase includes its implementation in eight remaining customs centers, in addition to linking 12 electronic applications to the system, including: land transport clearance, the value system, smart selectivity, the exemptions system, and licenses and certificates. This will enable the system to be linked with all ministries."  LINK

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

5/9/2025

 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

News, Rumors and Opinions Friday 5-9-2025

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 Fri. 9 May 2025

Compiled Fri. 9 May 2025 12:01 am EST by Judy Byington

The Plan

Thurs. 8 May 2025 DO NOT PANIC — THIS IS THE PLAN …Quantum Financial System on Telegram

The Quantum Financial System (QFS) is already live. Once the blackout begins, it will override all corrupt financial systems, securing your identity, assets, and data through biometric encryption. Your bank accounts will be safe. Your information protected. Fraud-proof. Tamper-proof. Immutable.

Possible Timing:

As of Thurs. 1 May 2025 the fiat banking system was DEAD. Redemption Centers, active and gold-backed funds were being distributed globally through the Quantum Financial System (QFS).

On Tues. 6 May 2025 Newsmax President Trump announced the gold-backed Bitcoin, “An earth shattering announcement that will affect America and it’s people.”

Global Currency Reset:

Tues. 6 May 2025 A small bank in Alabama has (allegedly) 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

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

Thurs. 8 May 2025 The Big Call Bruce:

The QFS was (allegedly) fully integrated as of 5 pm today Thurs. 8 May 2025.

They also (allegedly) have our Digital Golden Wallets ready: the Quantum Account Card would go in that.

You will have a Quantum Card with a new email, new email password, 5 digit pin code, user name password.

We can (allegedly) withdraw a large sum out of our account to use for the first 60 days. After 60 days we will have full access to our funds.

There will (allegedly) be no structured settlements

We will get a credit debit card to access our funds.

We will have a Quantum Account that we do not use other than to move funds out of it to another bank.

The US has a new trade deal with the UK England, Whales, Ireland, Scotland, and many other trade deals in the works.

On Fri. 9 May around 10 am EST President Trump will(allegedly)  be in Iraq to make an announcement about the Dinar revaluation, Global Currency Reset and a peace deal with Hamas and Israel.

Tier4b will get notified shortly thereafter and begin our exchanges.

Redemption Personnel will be going in at 9 am Friday and 9:15 Saturday.

DOGE checks, SS increases, R&R allowances should all be out in May.

If they don’t offer you the contract rate on the Dinar, you can (allegedly) ask for it and they have to give it to you.

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Thurs. 8 May 2025: “Now comes the Storm.” …Julian Assange

On March 27 2025 they (allegedly)  seized control of the Fed.

On April 26 2025 the Gold Standard(allegedly)   returned globally.

By May 1 2025 the entire fiat system (allegedly)  was officially DEAD.

Redemption Centers are active. Gold-backed currency is (allegedly)  here.

Read full post here:  https://dinarchronicles.com/2025/05/09/restored-republic-via-a-gcr-update-as-of-may-9-2025/

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

Walkingstick  [Iraqi banking friend Aki update]  WALKINGSTICK:  Where are the lower notes?  AKI: They're at the CBI.  You know that.  Walkingstick:  He suggested they're also in the ATM machines.

Frank26  Article: "An Iraqi politician suggested to Al-Sudani that he invite Trump to the Baghdad summit."   Quote: "President Trump's visit to the Middle East presents valuable opportunities for the Sudanese government to capitalize on by affirming its policy of distancing itself from regional axes and Iranian dependence."  He's coming IMO!

Militia Man  Advisers from Sudani...those folks are the real source...They may not be giving you the whole picture...because the Central Bank of Iraq can't always tell you exactly what they're going to do.  But they give you education...all the way through the process but the last thing they're ever going to do is tell you, 'We're going to revalue the currency tomorrow at 10:00 in the morning or anything like that.  They're just not.

US Dollar Drops 9% as Trump Pushes for Inflation and Fed Alerts Stagflation is here

Lena Petrova:   5-8-2025

The US dollar has taken a significant hit, tumbling 9% against a basket of major currencies amidst a confluence of factors: President Trump’s apparent push for inflation and growing concerns, highlighted by a recent Federal Reserve alert, that the US economy may be entering a period of stagflation.

The dramatic drop in the dollar reflects a loss of confidence in the US economy and its currency. President Trump’s rhetoric and reported policies seem to prioritize aggressive economic growth, even at the expense of higher inflation. This stance, while potentially aimed at boosting short-term economic indicators, raises concerns about the long-term value of the dollar.

The combination of a deliberate push for inflation and the potential for stagflation creates a perfect storm for a weakening dollar. Investors are increasingly concerned about the long-term health of the US economy and are seeking safer havens for their capital. This capital flight further exacerbates the dollar’s decline.

The coming months will be critical in determining whether the US can navigate the challenges of inflation and potential stagflation and restore confidence in the dollar. Investors and consumers alike will need to stay informed and adapt to the evolving economic landscape.

https://youtu.be/VjlvFSh6tD0

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

Good Morning Dinar Recaps,

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

~~~~~~~~~

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.

@ Newshounds News™
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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