Iraq Economic News And Points To Ponder Saturday Afternoon 5-10-25

The Central Bank Records A Decline In Net Foreign Assets

Saturday, May 10, 2025, Economics Number of reads: 159 Baghdad / NINA / The Central Bank of Iraq revealed a decrease in its net foreign assets, in addition to a slight decrease in domestic debt for January 2025.

The bank said in a report on financial and monetary indicators in Iraq, today: "The net foreign assets of the Central Bank for January 2025 amounted to 128.97 trillion dinars, a decrease of 1.41% compared to December of last year, which amounted to 130.180 trillion dinars, and a decrease from January of last year, which amounted to 140.77 trillion dinars."

He added: "The domestic public debt for January of this year decreased slightly to reach 80.4 trillion dinars, compared to December of last year, which amounted to 80.5 trillion dinars, and an increase from January of last year, which amounted to 73.25 trillion dinars."

According to the report, "the decline in debt for the month of January of this year is due to the decline in debt owed to the Ministry of Finance," noting that "bonds and discounted treasury transfers have settled at the Central Bank, which means that the government has paid part of its financial obligations." /End   https://ninanews.com/Website/News/Details?key=1225959

Minister Of Finance: ASYCUDA System Implemented In 15 Customs Centers, Increasing Revenues By More Than 59 Billion Dinars

Finance Minister Taif Sami announced that the General Authority of Customs has begun implementing the ASYCUDA customs automation system in 15 customs centers across Iraq, noting a significant increase in customs revenues after the implementation of the system.

Sami explained, in a statement on Saturday, May 10, 2025, that the centers covered include: Air Cargo Customs, Dry Port, Baghdad International Airport Terminal, Grand Welcome Square Customs, Trebil, Safwan, Arar, Middle Umm Qasr, Southern Umm Qasr, Kirkuk Airport, Zurbatiyah, Al-Mundhiriya, Mandali, Al-Sheeb, and Shalamcheh.

She explained that customs revenues before implementing the system amounted to three hundred and seventy-five billion, six hundred and seventy-five million, seven hundred and thirty-two thousand, three hundred and sixty dinars, while after implementation they increased to four hundred and thirty-five billion, four hundred and twenty-one million, six hundred and seventy-two thousand, eight hundred and five dinars, an increase of more than fifty-nine billion dinars.
https://www.radionawa.com/all-detail.aspx?jimare=41810

Basra Crude Records Weekly Gains

Saturday, May 10, 2025, | EconomicNumber of reads: 156   Baghdad / NINA / Basra Heavy and Medium crude oil recorded significant weekly gains of more than 2% with the return of oil prices rising in global markets.

Basra Heavy crude closed in its last session, yesterday, Friday, with an increase of $2.16 to reach $61.16, recording weekly gains of $1.24, equivalent to 2.07%.

Basra Medium crude closed in its last session with an increase of $2.16 as well, reaching $64.31, recording weekly gains of $1.24, or 1.97%.

Global oil prices rose $1.07, or 1.7%, to achieve weekly gains of 4%, or one dollar per barrel, amid expectations that trade talks between the United States and China will be positive for oil, as tariffs at their current maximum levels keep recession risks high. /End https://ninanews.com/Website/News/Details?key=1225887

The International Development Bank Launches The "Arab Tourist Card"

Banks   Economy News – Baghdad   The International Development Bank announced on Saturday the launch of the "Arab Tourist Card," in partnership with the Visit Iraq platform, to facilitate financial transactions for Arab tourists in Iraq.

A statement by the bank, seen by Al-Eqtisad News, stated that "the International Development Bank launched the "Arab Tourist Card" in partnership with the official platform Visit Iraq to facilitate financial transactions for Arab tourists in Iraq."

The statement added that "the launch of the "Arab Tourist Card" in Iraq was carried out in partnership between the International Development Bank and the national platform Visit Iraq to support tourism and enhance digital financial services.

" The statement continued, "the International Development Bank was chosen to exclusively offer the "Arab Tourist Card" in cooperation with the official platform Visit Iraq to support tourism and enhance digital financial services for visitors."  https://economy-news.net/content.php?id=55318

The Dollar Rose Slightly Against The Dinar In Baghdad And Erbil

Economy | 10/05/2025  Mawazine News – Baghdad  The US dollar exchange rate rose on Saturday morning in both Baghdad and Erbil markets.

It rose on the Al-Kifah and Al-Harithiya stock exchanges to 142,400 Iraqi dinars for every $100, while last Thursday it recorded 142,000 dinars for every $100.

Selling prices also rose in exchange shops in local markets in Baghdad, where the selling price reached 143,500 Iraqi dinars for every $100, and the buying price reached 141,500 dinars for every $100.

In Erbil, the dollar also rose, where the selling price reached 142,550 dinars for every $100, and the buying price reached 142,200 dinars for every $100. https://www.mawazin.net/Details.aspx?jimare=261245

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

Seeds of Wisdom RV and Economic Updates Saturday Afternoon 5-10-25

Good Afternoon Dinar Recaps,

US SENATORS CRITICIZE DEMOCRATS FOR ‘PARTISAN POLITICS’ AMID STABLECOINS BILL FAILURE

In a negative development for the U.S. crypto industry, the highly anticipated stablecoins legislation failed to advance in the U.S. Senate after not receiving enough support from Senate Democrats. Several Republican senators have slammed the Democrats for putting “partisan politics above policy.”

Democrats Block Stablecoins Bill

On Thursday, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act failed to pass the cloture vote in the Senate. Only 49 senators voted to advance the bill, falling short of the 60-vote threshold required to end debate.

Notably, two Republican senators also voted against advancing the bill alongside Democrats.

In February, Senator Bill Hagerty introduced the GENIUS Act to create a framework allowing tokens like USDT and USDC to fall under Federal Reserve rules.

The bill, co-sponsored by Senators Tim Scott, Cynthia Lummis, Kirsten Gillibrand, and Angela Alsobrooks, was designed to establish a:

“safe and pro-growth regulatory framework that will unleash innovation and advance the President’s mission to make America the world capital of crypto.”

Despite being considered bipartisan, ten Senate Democrats expressed last-minute concerns on May 3, with four former supporters reversing their positions.

Their objections included:

• Missing AML (Anti-Money Laundering) and national security safeguards

• Ambiguous regulations that could expose crypto markets to abuse

Senator Elizabeth Warren took the strongest stance, urging rejection of the GENIUS Act. On May 4, she claimed the Trump family could benefit from World Liberty Financial’s USD1 stablecoin deal with MGX, a UAE-based firm.

This deal involved a $2 billion investment linked to Binance and WLFI’s stablecoin, which Warren said would “enable this type of corruption.”

US Senators Call Out ‘Political Gamesmanship’

Senator Tim Scott, a co-sponsor of the bill and Chairman of the Senate Banking Committee, denounced the opposition on May 8:

“It should have been a historic day for Americans (...) Instead, we witnessed a disappointing display of political gamesmanship that puts partisan politics above policy, and obstruction above innovation.”

Scott insisted the shift wasn't about the bill’s content, but a political move against President Trump and his legislative goals.

Senator Lummis echoed this on X:

“Make no mistake, digital assets are the future and America must lead the way.”
“It’s important that we continue moving digital asset legislation forward that preserves America’s dollar dominance and makes America the crypto capital of the world.”

Bessent Blasts Missed Opportunity

Treasury Secretary Scott Bessent also weighed in, saying the world needs American leadership for stablecoins and digital assets to thrive.

“Without it, stablecoins will be subject to a patchwork of state regulations instead of a streamlined federal framework.”
“The world is watching while American lawmakers twiddle their thumbs. Senators who voted to stonewall U.S. ingenuity today face a simple choice: Either step up and lead or watch digital asset innovation move offshore.”

@ Newshounds News™
Source:  Bitcoinist

~~~~~~~~~

BLACKROCK, CRYPTO TASK FORCE DISCUSS ETP STAKING, TOKENIZATION

Staking for Ether ETFs has been one of the hot topics in 2025, with Grayscale and Fidelity both filing for rule changes that would allow this staking functionality.

Wall Street giant BlackRock recently met with the SEC’s Crypto Task Force to discuss two key areas:

1. Staking within crypto exchange-traded products (ETPs)

2. Tokenization of securities

These discussions could significantly advance institutional interest in crypto markets.

ETP Staking and SEC Conversations

According to a May 9 memo published by the task force, BlackRock initiated the meeting to:

“[d]iscuss perspectives on treatment of staking, including considerations for facilitating ETPs with staking capabilities.”

BlackRock has emphasized that while Ether ETFs have seen success, they are less effective without staking.

Other ETF issuers echo this sentiment. On Feb. 15, the New York Stock Exchange proposed a rule change to enable staking services for Grayscale’s spot Ether ETFs.

In April, the SEC delayed its decision on this proposal. As it stands, BlackRock and Grayscale remain behind the largest Ether ETFs by market cap, according to Sosovalue.

Proof-of-stake blockchains allow users to lock their tokens to earn yield. If the SEC approves staking for Ether ETFs, this could pave the way for similar requests for altcoins, including Solana ETFs.

Tokenization Also in Focus

In addition to staking, BlackRock addressed the tokenization of securities within the federal securities regulatory framework.

Securities include stocks and bonds—assets where investors expect monetary gain. Tokenization offers several benefits:

• Faster settlement times

• Lower costs vs. traditional finance infrastructure

• 24/7 market access

BlackRock already runs a tokenized U.S. federal debt fund called BUIDL, which is currently the largest of its kind, with a $2.9 billion market cap.

Other players include Franklin Templeton, whose BENJI fund also tokenizes securities.

Robinhood Enters the Game

Meanwhile, brokerage firm Robinhood is exploring tokenization as well. It is reportedly working on a blockchain solution to allow European retail investors to trade U.S. securities such as stocks.

@ Newshounds News™
Source:  CoinTelegraph

 ~~~~~~~~~

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News, Rumors and Opinions Saturday 5-10-2025

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 Sat. 10 May 2025

Compiled Sat. 10 May 2025 12:01 am EST by Judy Byington

The Deepstate Cabal had been functioning on stolen US Taxpayer monies since taking control of the US Financial System in 1918. They had run the nation into severe debt and a fiat US Dollar. Finally the election of President Donald Trump signaled an end to their reign over the World’s monetary system.

Trump’s April 10 2025 Executive Order had (allegedly)  transferred all Fed assets to the U.S. Treasury, triggered full deployment of the Quantum Financial System, launched GESARA debt cancellations worldwide & officially(allegedly dismantled the privately owned by the Cabal Federal Reserve and IRS. Redemption Centers would exchange foreign currencies that went up in value were now active in secure locations worldwide.

What We Think We Know as of Sat. 10 May 2025:

Fri. 9 May 2025: BRICS just launched BRICS Pay to obliterate the petrodollar. They’re dumping the dollar, trading in national currencies, and setting up a new system outside of globalist control. Expect a Financial Crisis before Mon. 12 May 2025. …Steve Bannon on Telegram

As of 8 May 2025, the greatest financial transition in modern history (allegedly became operational. Trump’s April 10 Executive Order transferred all Fed assets to the U.S. Treasury, triggered full deployment of the Quantum Financial System, launched GESARA debt cancellations worldwide & officially (allegedly dismantled the Federal Reserve. Redemption Centers were now active in secure locations worldwide.  …Quantum Financial System on Telegram

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

Possible Timing:

As of Thurs. 1 May 2025 the fiat banking system was DEAD. The media, lying. The Cabal’s grip, broken. Redemption Centers, active and gold-backed funds were being distributed globally through the Quantum Financial System (QFS) — the final weapon in a military war against centuries of elite rule.

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:

Fri. 9 May 2025 This is a countdown. The trigger event, code-named 11.3, is (allegedly locked and ready: full blackout, mass awakening, and total takedown of the Deepstate. Liberty Channels are prepped and untraceable. The final warning will not come from a screen — it’ll come from the silence that follows. And when it does, you’ll know: the final liberation is no longer a dream. It’s now. It’s real. And it’s irreversible. Stay alert. Stay aligned. The system is falling — and QFS is taking its place. …Quantum Financial System on Telegram

Fri. 9 May 2025 UPDATE! QFS Is Replacing the Banking System—Redemption Centers Are Secure and Processing Gold-Backed Payments—Banks Are Desperately Freezing Accounts, Blocking Access to Your QFS Funds, and Spreading Media Lies to Keep You Trapped in the Dying Fiat System! – Gazetteller

https://gazetteller.com/update-qfs-is-replacing-the-banking-system-redemption-centers-are-secure-and-processing-gold-backed-payments-banks-are-desperately-freezing-accounts-blocking-access-to-your-qfs-funds/

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

Global Financial Crisis:

Fri. 9 May 2025: Operation Sandman was in effect – a collaboration of 100 nations to simultaneously sell off their US holdings in order to collapse the US Dollar: (1) Bendleruschka on X: “OPERATION SANDMAN! Let’s go!! WOW!!! https://t.co/VFrnkNdGFp” / X

Read full post here:  https://dinarchronicles.com/2025/05/10/restored-republic-via-a-gcr-update-as-of-may-10-2025/

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

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

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:
TV is showing a significant decline in the dollar in the parallel market again.  The parallel market is now down to 1427.  Whoa!  Sammy says to expect probably soon, that rate will be 1390 and close enough to close that [gab between official rate] completely out.  FRANK:  Wow!  That's fantastic news gentlemen.  That's closer than we estimated for this coming week.  That gap as it gets smaller and smaller, sooner or later we will have our new exchange rate because when it closes to a point where it will be able to at least come out at one to one then that's what we're looking for.

Mnt Goat   ...good news...Article:   “THE DINAR IS RECOVERING. THE DOLLAR’S VALUE IN IRAQ HAS FALLEN DUE TO LOCAL MEASURES.”  ...Exchange offices and the local stock exchange in most Iraqi governorates recorded a decline in the dollar exchange rate against the Iraqi dinar on Tuesday, part of a slight and gradual decline that has been ongoing for days. This decline has been going on for weeks not days...  [Dinar Guru Note:  A falling dollar vs the IQD is what dinar investors want to see.]

US Bankruptcy Will Alarm The Public | Peter Grandich

Liberty and Finance:  5-9-2025

Peter Grandich expresses deep concern about the long-term economic stability of the United States, particularly due to rising inflation and the ballooning national debt.

He warns that while the stock market may not face an immediate crash, it lacks the potential for above-average returns that many financial plans still rely on, creating serious risk for overextended households.

Grandich also argues that inflation is far worse than official reports suggest, eroding real purchasing power and making cash holdings a risky strategy. He advocates strongly for gold and now silver as wealth preservation tools, citing their historical resilience and growing relevance in a shifting global financial landscape.

Most critically, he foresees a future where the U.S. government may struggle even to pay interest on its debt—a scenario he believes is approaching much faster than most Americans realize.

INTERVIEW TIMELINE:

 0:00 Intro

1:31 Market rally is over

12:00 Inflation & gold

15:30 Mining stocks

17:30 Inflation's impact

https://www.youtube.com/watch?v=QaNCP2kW3fw

Weekend Coffee with MarkZ. 05/10/2025

Weekend Coffee with MarkZ. 05/10/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

MZ:  We spend the first 45 minutes cutting up with Matt and Lucas at CBD Guru’s. Then we hit the news

Member: Good Morning Mark, MODS and RV family…..sending love and positive energy to all

Member: Happy Mother's Day to all the Moms out there.

Member: Are you hearing anything from bond folks yet Mark?

MZ: I’m hearing form certain members of Indian Nations that some are being notified to expect it soon. Others however, are hearing nothing. It seems like the closer we are to the Admirals group…..the less they are sharing….the less they want us to know…. I am hearing very mixed stories .

MZ: Makes it interesting as they try to keep a lid on things moving forward.

MZ: On the bond side they are being told they are working diligently on “historic assets” not the bonds…but they are busy clearing those out now. It is possible they have positioned everything to go all at once…..giving everybody enough dollars to keep them at the table….then unleash all payments at once. .

MZ: We do have some good things to share on the “Arab Summit” coming up. Saleh is taking victory laps for the modernization of their banking system.

MZ: CBI released a list late last night about all the Iraqi banks that are now approved for “International Transactions” To me these transactions do not make sense without an “International Dinar”

MZ: We continue to read stories on the de-dollization and the stabilization of the dinar….  All of this is important for the revaluation of the dinar.

MZ: Sudani and Alaq call it “Raising the purchasing power of all Iraqis” There really is great news coming out of Iraq.

Member: Mark , Vietnam is coming here tomorrow for the US Summit May 11th - 14th.. They are anxious for a seat at the table . IMO- They are ready to revalue their currency!

Member: Did anyone else hear the new tax proposal for no income tax on people under $250K and higher taxes on the “rich” … over $250k?

Member: do you think we wont go until June Mark?

MZ: I don’t think so …but nobody knows the exact timing. There sure is a lot happening right now though.

Member: So did Trump ever have his big “earth shattering” announcement?

Member: Rumor is- a guy from middle east said trump will have major announcement Monday

Member: Lots of rumors that the RV and Nesara has already started….I’m not seeing it though?

Member: There is a rumor that there will be daily limits on exchanges due to liquidity….Is it possible to exchange all our currency in one appointment?

MZ: I do believe we can exchange at one appointment. It may be “tiered” but I was told they are doing Prosperity Packages and Historic Bonds so there is enough liquidity that we will not have to wait. But I can see it- if there is not enough liquidity and they don’t want to wait to move forward…

Member: Hope everyone has a wonderful “Mothers Day” Weekend. God bless moms  and grandmas everywhere.

Member: Remember , The best is yet to come.

Mod:  ENJOY YOUR TIME WITH FAMILY MARK! HAVE A SAFE TRIP HOME…. HAVE A GREAT WEEKEND ALL SEE YOU BACK MONDAY

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

https://www.twitch.tv/theoriginalmarkz

https://rumble.com/user/theoriginalmarkz

Kick:  https://kick.com/theoriginalmarkz

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.

THANK YOU ALL FOR JOINING. HAVE A BLESSED WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=dxW1q8gsyWI

Iraq Economic News And Points To Ponder Saturday Morning 5-10-25

An Economist Identifies The "Most Important Reason" Behind The Dollar's Decline In Iraq

Buratha News Agency1512025-05-09   Economist Nabil Al-Marsoumi said on Friday (May 9, 2025) that progress in the Iranian-American negotiations is the most important reason behind the rise in the exchange rate of the Iraqi dinar against the dollar.

Al-Marsoumi said in an analysis he published, "Although the rise in the dinar's exchange rate against the dollar is linked to many factors, I believe the most important reason is the progress in the Iranian-American negotiations."

He added, "If the negotiations lead to an agreement between Iran and the US, the exchange rate of the dollar against the dinar on the parallel market will be very close to the official rate between them."

The Iraqi dinar's exchange rate against the dollar has risen relatively over the past few days on the parallel market, while the official market rate has remained stable. The selling price for $100 reached 142,000 dinars.

The Prime Minister's financial advisor, Mazhar Mohammed Saleh, said in a press statement that demand for dollars declined for three main reasons: "The Central Bank's success in financing and encouraging small businesses immediately after lifting restrictions, and facilitating travelers' access to dollars via cards and at airports at the official exchange rate."  https://burathanews.com/arabic/economic/459908

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.    https://economy-news.net/content.php?id=55289

The Central Bank Announces More Than 41 Billion Dinars In Fines Against Banks And Companies

Buratha News Agency1762025-05-09  The Central Bank of Iraq announced on Thursday that the value of fines imposed on banks and non-banking institutions, including exchange companies, amounted to more than 41 billion dinars during the first three months of the current year.

 According to a table issued by the bank, the fines imposed on these entities from January to the end of March amounted to 41 billion, 268 million, 578 thousand and 75 dinars, noting that this value decreased compared to the same period last year, which recorded fines amounting to 138 billion, 377 million, 321 thousand and 527 dinars.

The bank explained that the fines were accompanied by 54 administrative penalties, including warnings, notices, and grace periods, and were distributed to a number of banks and non-banking financial institutions.

The table also showed that March saw the highest value of fines, amounting to 28 billion, 759 million, 847 thousand, and 795 dinars, with 14 administrative penalties, while February recorded the lowest value of fines, approximately 4 billion, 628 million, 140 thousand, and 368 dinars, despite witnessing the highest number of administrative penalties, with 25 penalties.

The table did not mention the names of the banks or companies that were subject to fines and administrative penalties.   https://burathanews.com/arabic/economic/459899

Gold Rises Amid Buying And Anticipation Of US-China Trade Talks

Friday, May 9, 2025 12:39 | Economic Number of reads: 185   Baghdad / NINA / Gold prices rose on Friday as investors rushed to buy the precious metal after its earlier decline, while markets awaited US-China trade talks scheduled for early next week.

By Friday morning, spot gold rose 0.3% to $3,316.29 per ounce. US gold futures rose 0.5% to $3,321.60.

Spot gold fell about 2% yesterday to $3,274.38 after US President Donald Trump announced a trade deal with Britain, according to Reuters.

The agreement maintains a 10% tariff on goods imported from Britain, while Britain agreed to reduce its tariffs from 5.1% to 1.8% and further open its market to US goods.

Trump also stated that he expects the United States and China to hold substantive trade negotiations early next week and that the 145% tariff imposed on Beijing is likely to be reduced.

Several Federal Reserve officials are scheduled to speak later today to offer further insights on the economy and the central bank's policy path.  The Fed held interest rates steady on Wednesday and warned of rising inflation and unemployment risks.

Among other precious metals, spot silver was steady at $32.48 an ounce. Platinum rose 0.5% to $980.55, and palladium gained 0.2% to $978.21. https://ninanews.com/Website/News/Details?key=1225718

An Expert Sounds The Alarm: The Monopoly Of Foreign Banks Operating In Iraq Over Remittances Must Stop Immediately.
 
May 9, 2025   Baghdad/ Iraq Observer  The expert on financial and banking, Mustafa Hantoush, said that the control of Jordanian and Gulf banks on Iraqi remittances, is something that cannot be tolerated, ignored or continued, and needs immediate and rapid treatment from the Central Bank of Iraq.
 
Hantoush expressed in an interview with Iraq Observer that "the remedies that require the Central Bank to take towards this file are almost non-existent,"
 
calling for the need for 

the Central Bank to conduct a detailed study to review the financial situation in the country by creating a policy to strengthen Iraqi banks at the expense of foreign."
 
"At the very least, it is possible for Iraqi foreign banks to participate and be dealt with Iraqis in conjunction with the work of radical steps to develop monetary policy," pointing out that
 
"as long as convictions are directed towards not developing the banking system in Iraq,

it is difficult to control the work of those banks during their foreign dealings on behalf of Iraqi banks."
 
Experts and specialists have long criticized foreign banks operating in Iraq, in that they
 
     do not provide development plans, especially in poor areas in Iraq, but

     focus their activity in commercial areas where traders are present for the purpose of foreign transfers, and 
foreign banks operating in Iraq

     do not provide real electronic applications that serve citizens and

     do not contribute to vital projects such as oil banks.
 
Thus, all international banks operating in Iraq
     are linked to the American correspondent bank and
     their activity is centered on making profits from remittances and
 
when the remittances are closed,
     their branches are closed and
     returned with profits to their countries.    
  
https://observeriraq.net/خبير-يدق-ناقوس-الخطر-احتكار-المصارف-ال/ 

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

Seeds of Wisdom RV and Economic Updates Saturday Morning 5-10-25

Good Morning Dinar Recaps,

SEC MOVES TO END RIPPLE CASE AS COMMISSIONER REBELS: $75M RETURNS TO XRP GIANT

The SEC Ripple lawsuit has just reached a pivotal turning point as the Securities and Exchange Commission recently filed a motion seeking court approval for a settlement with Ripple Labs. Under the proposed deal that’s currently being reviewed, Ripple would recover $75 million of the $125 million that was held in escrow, while the SEC would receive the remaining $50 million.

Ripple’s $75M SEC Settlement: What It Means for XRP and Crypto Regulation

The SEC Ripple lawsuit settlement marks what appears to be the potential end to a legal battle that first began back in December 2020. As per the May 8 court filings, both parties have agreed to withdraw their appeals, virtually ending one of the most important and keenly followed cases in crypto regulation news.

Commissioner’s Opposition Reveals SEC Division

Not everyone at the SEC supports the resolution. Commissioner Caroline A. Crenshaw issued a public dissent:

“This settlement is a tremendous disservice to the investing public.”

Crenshaw warned that the SEC Ripple lawsuit settlement could weaken the agency’s enforcement power and negatively impact future XRP price prediction analyses in unexpected ways.

XRP’s Market Struggle During Litigation

The XRP lawsuit impact was immediate and significant when the case began. According to the crypto analyst behind the account All Things XRP:

“It didn’t just slow XRP down — it stole years of growth.”

While Bitcoin and Ethereum surged during the 2021–2023 bull market, XRP stagnated between approximately $0.30–$0.50, missing out on substantial gains and altering many XRP price predictions at the time.

Settlement Terms and Future Implications

The SEC Ripple lawsuit resolution preserves Judge Torres’ 2023 ruling that only institutional XRP sales violated securities laws. This legal distinction remains critical for ongoing crypto regulation news and Ripple’s future operations.

If the $125 million penalty clears the court in the next few days:

• $75 million would be returned to Ripple

• $50 million would remain with the SEC

This result may provide badly needed regulatory clarity and underscore the lasting effects of prolonged litigation on XRP price forecasts and broader digital asset regulation.

@ Newshounds News™
Source:  Watcher Guru

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US TREASURY SECRETARY BESSENT LAMBASTS SENATE FOR BLOCKING STABLECOIN BILL, CALLS IT ‘MISSED OPPORTUNITY’ FOR AMERICAN LEADERSHIP

▪️ U.S. senators voted Thursday to halt progress on a stablecoin regulation bill amid escalating tensions over President Donald Trump’s crypto involvement.

▪️ Treasury Secretary Scott Bessent said American leadership is needed for stablecoins and other digital assets to thrive globally, lambasting the Senate’s “missed opportunity.”

U.S. Treasury Secretary Scott Bessent lambasted the Senate's decision on Thursday to halt the progress of the GENIUS Act amid rising tensions over President Trump's increasing crypto involvement and concerns about specific aspects of the proposed stablecoin bill.

"For stablecoins and other digital assets to thrive globally, the world needs American leadership," Bessent posted on X. "The Senate missed an opportunity to provide that leadership today by failing to advance the GENIUS Act."

Secretary Bessent described the bill as a "once-in-a-generation opportunity" to expand dollar dominance and boost U.S. influence in financial innovation. He argued that without such legislation, stablecoins will remain governed by a fragmented set of state rules rather than a unified federal approach that better supports growth and global competitiveness.

"The world is watching while American lawmakers twiddle their thumbs," Bessent said. "Senators who voted to stonewall U.S. ingenuity today face a simple choice: Either step up and lead or watch digital asset innovation move offshore."

A not-so-brilliant delay for the GENIUS Act

The Senate Banking Committee earlier voted to advance the GENIUS Act in March. The bill requires:

• 100% reserve backing with U.S. dollars and similarly liquid assets

• Annual audits

• Prohibits foreign issuance in the country

The Senate voted 49-48 against the bill in its current form on Thursday, with Sens. Josh Hawley (R-Mo.) and Rand Paul (R-Ky.) joining Democrats in opposing the procedural vote.

While the GENIUS Act bill resulted from bipartisan negotiations, Democrats recently raised concerns about unfinished bill text, foreign issuer oversight, and anti-money laundering provisions.

Senator Mark Warner (D-Va.) said he couldn't support legislation that wasn't yet finalized. Senate Majority Leader John Thune (R-S.D.), despite also voting no, said he did so to allow the bill to be reconsidered later, criticizing the Democrats amid multiple revised versions:

"I just have to say, frankly, I just don't get it," Thune said. "I don't know what more they want."

Tensions deepened as Trump’s personal and financial ties to crypto — including memecoin launches, $1.5 million-per-plate crypto fundraisers, and backing DeFi project World Liberty Financial — sparked accusations of conflict of interest ahead of the vote.

Some Democrats, including Rep. Maxine Waters (D-Calif.), also boycotted a crypto-focused House hearing this week, citing the president's direct crypto holdings and influence over agencies. The House Financial Services Committee also recently voted to advance a similar bill, the STABLE Act, with anti-money laundering and reserve requirements.

@ Newshounds News™
Source:  The Block

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“Tidbits From TNT” Saturday Morning 5-10-2025

TNT:

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

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

Tishwash:  Legal expert: The House of Representatives has the right to extend its legislative session for 30 days to approve the budget schedules.

Legal expert Ali Al Tamimi stressed on Friday the utmost importance of approving the financial budget schedules.

Al-Tamimi explained in a statement to Al-Furat News Agency that “Article 57 of the Iraqi Constitution stipulates an annual session for the Council of Representatives with two legislative chapters, but it excludes the case of discussing and approving the general budget, as it stipulates that “the legislative chapter does not end if it includes the general budget law except after voting on it.”

The legal expert stressed that this constitutional text is considered “governing” and imposes the necessity of approving budget schedules as soon as possible, due to its direct impact on “the livelihood of society” and the stability of economic and living conditions.

In a related context, Al-Tamimi pointed out that Article 57 itself allows the possibility of extending the current legislative chapter, based on a request from one of the three presidencies or with the signatures of no less than fifty members of the Council of Representatives. In this case, an extraordinary session is held, and its meetings are limited to the matters that called for this extension.

Al-Tamimi explained that the duration of the extension of the legislative chapter is limited to “only thirty days,” and the Council’s discussions and sessions during this period must be limited to “matters related to the budget only.”

The legal expert concluded his statement by emphasizing that “the budget file is important It is necessary to extend the sessions of the House of Representatives in order to accomplish this national task that the Iraqi people are waiting for.
A parliamentary source told Al-Furat News last Tuesday that the Presidency of the House of Representatives decided to end the first legislative session of the fourth legislative year on May 9th {today, Friday} in accordance with Article (57) of the Constitution and Article (22) of the House of Representatives’ internal regulations.  link

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Tishwash:  Iranian Foreign Minister Anticipates Trump's Arrival in the Region, Visits Saudi Arabia and Qatar Tomorrow

Ahead of US President Donald Trump's scheduled tour of the region next week, Iranian Foreign Minister Abbas Araghchi will travel to Saudi Arabia and Qatar tomorrow, Saturday, the Iranian Foreign Ministry announced.

The Iranian Foreign Ministry indicated in a statement published on its website on Friday that Araghchi will first travel to Riyadh "to meet and hold talks with senior Saudi officials."

She added that he will later visit Doha "to participate in the Arab-Iranian Dialogue Conference."

This comes as a fourth round of nuclear talks between Iran and the United States is likely to be held next Sunday in the Omani capital, Muscat.
US President Donald Trump is also scheduled to visit Saudi Arabia, Qatar, and the UAE next week.
Trump, who withdrew the United States from the 2015 nuclear agreement between Tehran and world powers, has previously threatened military action if his administration fails to reach an agreement to resolve the long-running dispute over Iran's nuclear program.

It is noteworthy that since April 12, the United States and Iran have begun indirect talks on the nuclear issue, mediated by Oman.

The two sides have held three rounds so far (two in Muscat and one in Rome), which were described as positive and constructive.  link

Mot:  babies forever

Mot:  Get Ready Ladies!!!!

MilitiaMan & Crew: Iraqi Dinar News Update-United Nations-Arab Summit-$500 Billion Investment-Digital Banking

MilitiaMan & Crew:  Iraqi Dinar News Update-United Nations-Arab Summit-$500 Billion Investment-Digital Banking

5-9-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=X4ABPJ-K5KA

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

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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

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps