“Bits and Pieces” in Dinarland Wed. Afternoon 14-2025

Iraq’s Trade Bank Just Passed JPMorgan Chase’s Global Systems Test

589bull:  5-14-2025

Iraq’s Trade Bank just passed JPMorgan Chase’s global systems test scoring 99.68% in automated cross-border transfers.

This is the green light.
Baghdad’s financial infrastructure is now elite-tier.
Dollar-clearing. Euro-settlement. Instant global rails.

The RV isn’t a question of “if.”

This is proof the system is already live just waiting for the switch.

And the timing couldn’t be more precise:

• Week of the Baghdad 2025 Summit
• Iraq taking over economic policy leadership in the region
• Oil exports throttled on purpose
• IQD budget tables locked and waiting
• Trump securing trillion-dollar backing from the Gulf

DOQ:  Apparently they won the same award in 2018

But in 2018 No budget. No liquidity. No FX integration. Nice award. Zero follow-through.

Now it’s 2025 and they win it again with:

• 387 global correspondent banks
• Live MT103 clearance
• USD & EUR settlement precision at 99.68%
• Full ISO infrastructure
• Budget locked
• Oil exports throttled
• Arab Summit about to go live in Baghdad

It’s not the same award. It’s the same signal—finally activated. Back then it was a trophy. Now it’s the trigger.

Source(s):
https://x.com/589bull10000/status/1922328497047158840

https://dinarchronicles.com/2025/05/13/589bull-iraqs-trade-bank-just-passed-jpmorgan-chases-global-systems-test/

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

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

Frank26    We've been reading article after article after article telling us the Iraqi dinar has gone up in value...The monetary policy was to remove 1310...It's not like they're hiding anything.  Everything they're saying in these articles leads to the conclusion...you have a monetary policy that has been successful.  You have an exchange rate that you're controlling against the American dollar? that's at 1310?  That means you're about to go into a float in order to add value to it aren't you?  Everything is set up beautifully right now.

Mnt Goat   ... the rise of the dinar against the dollar continues. Many economists believe that the rate of the dollar will SOON be equal to the “official” CBI rate of the dinar. Does this sound like 1:1 to you?  Let’s break it down. So, if the dollar on the parallel market does reach 1320 that’s 1320:1320, is it not?...Is this not the same as 1:1?...“WOW! WOW! WOW!”  Do you see now why I have been placing so much emphasis on this parallel market? Heck, it was not me alone but the CBI too, of course with the efforts from my CBI contact. “WOW! WOW! WOW!”...

BREAKING Iraqis Hiding Billions in Cash It's Hurting the Economy IQD Rate Increase

Edu Matrix:  5-14-2025

Iraqis are Hiding Billions in Cash, and it's Hurting the Economy. The IQD Rate Increase. Difficult to go digital - Iraqi people won't put money in bank.

Discover why Iraq is struggling to go digital, even as the rest of the world moves toward cashless systems.

In this video, we explore Iraqis' deep-rooted mistrust toward banks, how past fraud and economic instability have shaped their financial habits, and why most people still prefer to stash their money at home. You'll also learn why merchants in Iraq continue to accept cash and what this means for the country’s future

https://www.youtube.com/watch?v=Q-Tw4f5vglM

Wednesday Coffee with MarkZ. 05/14/2025

Wednesday Coffee with MarkZ. 05/14/2025

Some highlights by PDK-Not verbatim

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

Member: Happy Hump day and good morning

Member: Lots happening in the world…..is any of it RV related?

Member: Will we have a new rate before the Arab summit Mark?

MZ:I do not know…..But I would say there is a good chance

Member: Hopefully its done before Memorial Day which is May 26.

MZ: There is an excellent chance of that one.

Member: I heard it could happen on the 17th of May.

MZ: I have heard that as well. I don’t know if this rumor is tied to the Arab summit or not. The date of the 17th though has come to me from many different sources. From paymasters, bond people and a couple currency folks.

Member: Issac should have information after his bond meeting today.

MZ: On the bond side there are a lot of folks letting me know they either have final bond meetings or updates happening today or tomorrow with paymasters and attorneys. A number of appointments starting this afternoon. I am hoping we will get some “actionable” news later on the bond front.

MZ: Be aware there is a lot of “circletel” news and rumors all over.

Member: Wish it would happen soon. I would be happy with a rate of 1 to 1 right now for all currencies

Member: The reason I think all the basket will go 1 to 1 is because it will lead into the new XRP system 1 to 1 cross border to prove the new system to get everyone else on board

MZ: Even at 1 to 1 I would cash out and be happy …..consider what we paid for it ? But I think the rates will be higher than that.

Member: Have you heard anything concerning general 64 group?

MZ: I get updates and they are still very much a thing. I am still expecting them to reach out to folks.

MZ: We have 47 entrepreneurs and business leaders participating in the select USA investment summit right now. There are a lo of Iraqi business people here in the US. They are cutting deals and building partnerships between the two nations for opportunities, manufacturing and tourism. This is international and prosperity.

MZ: If they are going to be international, they need a truly international currency.

MZ: In Vietnam: “ Shaping Vietnams banking future “digitalization and upskilling” They are telling us all the changes they have been making in Vietnams banking system……lots of modernization and how they don’t need as many branches or employees because of technology.

MZ: “US Treasury shocks with second biggest budget surplus in history” DOGE is working the combination of getting rid of fraudulent spending and increased revenue and tariff revenue…..well, we have a surplus. This is a rare thing.

Member: June 21st is the first day of Summer…hope it happens by then

Member: I have a special Cigar I am saving for the RV... I have had it a Long time....

Member: The clothes I had ready to go to exchange are now dusty and out of style…lol

Member: We are watching history in the making……stay positive everyone

 Mod: Mark's next travel schedule. He leaves on May 17th (which is Mark's dad 80th B-Day) and comes back on May 21st. Zester will host the podcast when Mark is gone. Mark will pop in when he can.

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

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

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

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

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

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

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL  TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=tACyb2I7gEk

Insiders Are Dumping Stocks; Get Ready For Market Meltdown | Chris Vermeulen

Insiders Are Dumping Stocks; Get Ready For Market Meltdown | Chris Vermeulen

Liberty and finance:  5-12-2025

Institutional investors appear to be quietly selling into recent market strength, a classic sign of distribution that often precedes a broader market selloff.

Despite a short-term rally driven by positive sentiment around tariff news, heavy overnight futures selling and high-volume unloading during regular trading hours suggest big money is exiting.

Technical indicators and behavioral metrics reveal that smart money is taking advantage of this bullish euphoria to offload risk. Meanwhile, analysts like Chris Vermeulen warn that this rally may be a setup for a larger correction, especially as macroeconomic conditions and cycle stages point toward a financial reset.

This stealthy institutional behavior is a red flag that the market may be approaching a major downturn.

The recent surge in market optimism, fueled by positive developments in tariff negotiations, might be masking a more concerning underlying trend: institutional investors quietly exiting their positions. While headlines tout the recovery and short-term gains, whispers on trading floors suggest that “smart money” is using this bullish sentiment as an opportunity to offload risk, potentially setting the stage for a much larger correction.

Several indicators point towards this stealthy distribution. Heavy overnight futures selling, often indicative of institutional activity, has been a recurring theme. This is further supported by high-volume unloading observed during regular trading hours, suggesting significant selling pressure from large players.

Technical indicators, often used by sophisticated traders, are flashing warning signs. Combined with behavioral metrics, these signals suggest that seasoned investors are not buying into the rally’s sustainability. They appear to be capitalizing on the wave of euphoria to reduce their exposure, betting that the market’s current exuberance is unsustainable.

As market analyst Chris Vermeulen points out, this recent uptick could be a well-orchestrated setup for a more significant market correction. Vermeulen highlights the confluence of macroeconomic conditions and cyclical patterns, suggesting that we are approaching a potential “financial reset.” This viewpoint aligns with the observed institutional behavior, further reinforcing the notion that the current rally is fragile and vulnerable.

The term “distribution” refers to a market condition where large, sophisticated investors strategically sell their assets while retail investors and less informed players are still buying. This creates the illusion of continued market strength while large players are quietly taking profits and reducing risk. It’s a classic hallmark of a market top, often preceding a broader and more significant selloff.

While predicting market timing with absolute certainty is impossible, the convergence of these factors – institutional selling, concerning technical indicators, and warnings from experienced analysts – paints a concerning picture. The apparent disconnect between the market’s short-term bullish sentiment and the underlying institutional activity should be a red flag for investors.

While the market may continue to enjoy short-term gains, the subtle but significant shift in institutional sentiment suggests that now is the time to proceed with caution and prepare for potential headwinds. The smart money may be exiting, and ignoring these signals could prove costly in the long run.

INTERVIEW TIMELINE:

 0:00 Intro

1:30 Gold & silver update

7:20 Stock market update

 12:10 Silver to drop, how much?

 13:30 Stock market crash

17:30 Holding cash

18:57 Gold/silver ratio

 19:40 Dollar Index

https://www.youtube.com/watch?v=LF1IuIAJ080

Iraq Economic News And Points To Ponder Wednesday Morning 5-14-25

After Increasing Its Trade Transactions To Approximately $65 Billion, The Ministry Of Commerce Stated That Iraq Is A Major Economic Player In The Region.

economy | 11:39 - 05/13/2025   Mawazine News - Baghdad -  The Ministry of Trade confirmed, on Tuesday, that Iraq represents an important economic player in the region, as it is witnessing a remarkable development in the volume of trade exchange with Arab countries, and is working to strengthen its regional and international economic role.

The official spokesperson for the ministry, Mohammed Hanoun, stated in a statement received by Mawazine News that "the volume of trade exchange between Iraq and 11 countries amounted to approximately $65 billion in the first half of 2024, a 10% increase compared to the same period in 2023."

He added, "The volume of trade exchange between Iraq and Saudi Arabia reached $1.3 billion in 2024, reflecting a significant increase compared to previous years," noting that the volume of trade exchange between Iraq and Jordan exceeded $1 billion annually, after increasing by 45.6% over the previous year. The volume of trade exchange with the United Arab Emirates in 2023 reached $22 billion in Emirati exports to Iraq.

Regarding Iraq's economic role, Hanoun explained that Iraq's economic role in the region and the world has begun to grow and increase, as it ranked 51st globally and fourth in the Arab world on the list of the largest economies in the world for the year 2025, according to a report issued by the American magazine "CEO World."

Hanoun affirmed that the "Development Road" project, estimated to cost $17 billion, aims to make Iraq a regional transportation hub by linking its southern hinterland to the Turkish border in the north, strengthening its role as an economic hub in the region.

 He emphasized that Iraq's move is to strengthen its economic position by developing trade relations with Arab countries, reviewing all previous agreements, and implementing strategic projects aimed at diversifying its economy and reducing its dependence on oil.

He added that Iraq's commitment to hosting the Arab Summit reflects its commitment to leading Arab efforts towards achieving economic and development integration, having called for the establishment of an Arab economic bloc that invests in the human and geographical resources of Arab countries, with the aim of achieving effective economic integration, providing job opportunities, and achieving social justice.

The official spokesperson for the Ministry of Trade continued, "By hosting the Arab Summit, Iraq seeks to focus on food security and sustainable development, and developing an Arab strategy for food security, in addition to supporting initiatives related to artificial intelligence, energy, water, and education, with the aim of achieving sustainable development in the region."

He concluded by saying that "Iraq had proposed in previous meetings the establishment of an Arab Council comprising trade ministers under the umbrella of the League of Arab States, to enhance coordination and integration in trade policies among member states." https://www.mawazin.net/Details.aspx?jimare=261376

The Dollar Continues To Rise Against The Dinar In Baghdad.

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

The dollar exchange rate rose slightly on the Al-Kifah and Al-Harithiya stock exchanges, reaching 142,850 Iraqi dinars per $100, compared to 142,750 dinars per $100 on Monday.

Selling prices at exchange offices in Baghdad's local markets remained stable, with the selling price reaching 143,750 dinars per $100, and the buying price reaching 141,750 dinars per $100. https://economy-news.net/content.php?id=55415

Iraqi Oil Prices Recover To $66 Per Barrel.

economy | 09:26 - 05/13/2025  Mawazine News - Follow-up:  Iraqi oil prices recorded a significant increase during daily trading on the global market on Tuesday.

According to data reviewed by Mawazine News, Basra Medium crude oil recorded $66.00 per barrel, while heavy crude oil recorded $62.85 per barrel, with a change rate of +1.69% for both.

The data also showed a slight decrease in global oil prices, with British Brent crude recording $64.85 per barrel, while US West Texas Intermediate crude oil recorded $61.88 per barrel, with changes rates of -0.15% and -0.11%, respectively.   https://www.mawazin.net/Details.aspx?jimare=261371

Gold Prices Rebound From Their Lowest Levels In More Than A Week.

Time: 2025/05/13 08:52:42 Read: 1,485 times  {Economic: Al Furat News} Gold prices rose on Tuesday from their lowest levels in more than a week, reached in the previous session, following a temporary agreement between the United States and China to reduce mutual tariffs.

Spot gold rose 0.7% to $3,259.39 per ounce, after falling 2.7% in the previous session. US gold futures also rose 0.8% to $3,256.40 per ounce.

Following two days of negotiations in Geneva, the United States and China announced mutual tariff reductions over the next three months. The United States reduced tariffs on Chinese imports from 145% to 30%, while China reduced tariffs on US imports from 125% to 10%, boosting global stocks.

The two sides exchanged tariffs last month, fueling trade tensions between the world's two largest economies.   LINK

As Part Of Preparations For The Baghdad Summit, The Economic Council Holds Its Ministerial Meeting.

Political | 04:47 - 05/13/2025  Mawazine News - Baghdad -  The Economic Council held its ministerial meeting today, Tuesday, in preparation for the Arab Summit to be held in Baghdad.

Trade Ministry spokesman Mohammed Hanoun told Mawazine News that "the Council discussed the summit agenda, which included 27 items covering a range of economic, social, and developmental issues that are a priority for joint Arab action."

He added that "one of the most prominent points of the meeting was enhancing Arab economic integration, with a focus on completing the Greater Arab Free Trade Area project and promoting electrical interconnection and transportation projects between Arab countries.

" Hanoun continued, "The topic of food and water security also included: The meeting discussed initiatives to achieve food and water security in the region, including supporting sustainable agriculture and developing water resources."

Regarding the Arab Artificial Intelligence Initiative, Hanoun explained that "the Secretary-General of the League of Arab States' initiative entitled 'The Arab Artificial Intelligence Initiative: Towards Technological Leadership and Sustainable Development' was reviewed, which aims to enhance the use of modern technologies in development."

He pointed out that "the meeting addressed the issue of supporting and sheltering displaced families from the Palestinian territories: The meeting discussed the project to support and shelter displaced families from the Palestinian territories, and to confront attempts to displace the Palestinian people from their land."

The Ministry of Commerce spokesperson indicated that "the empowerment of youth and women was discussed: the files of empowering youth and women, developing technical education, digital transformation, and building cyber capabilities were discussed, with an emphasis on protecting Arab cultural heritage."

He concluded by saying that "the 'Baghdad Declaration' document was issued: The summit is scheduled to conclude with the issuance of the 'Baghdad Declaration' document, which is expected to embody the unified Arab position on the political, economic, and security issues on the agenda." https://www.mawazin.net/Details.aspx?jimare=261388

The Arab Summit In Baghdad And Joint Arab Economic Cooperation

Samir Al-Nusairi   The 34th Arab Summit will be held in Baghdad soon, amidst the economic, political and security challenges and crises sweeping the world, the Arab region and the geographical region, at a time when most countries are suffering from the current trade war between America and China,

which has disrupted international trade and complicated ways to facilitate the economic and financial process, in addition to the effects of wars, conflicts and disputes in the region and the world on the current economic situation and expectations of slowing economic growth and inflationary stagnation and the suffering of countries that depend primarily on oil as the main resource for the country, as well as the accumulated suffering of poor countries from the food and energy crises.

All of the above factors make Iraq, which is witnessing security and economic stability, enjoys balanced foreign relations with countries of the world, and strong and open relations with Arab countries.

This is supported by the success of the current government in achieving fundamental stages of comprehensive economic, financial, and banking reform, which will be reflected in building a solid national economy and a solid financial and banking sector, as economic indicators indicate in 2024 and the first quarter of 2025.

Foreign exchange reserves and gold reserves exceed $100 billion, with a sufficiency rate of 140% to cover the local currency in cash circulation and to cover imports, the recovery of the Iraqi dinar, and the relative stability of the exchange rate against the US dollar. 

The annual inflation rate reached 2.8% and the core inflation rate 2.5%, which means maintaining the general level of prices despite the food crisis and the repercussions of the current global trade war. What strengthens the Iraqi economy are the giant economic and investment projects and joint projects with Arab and friendly countries, such as the Development Road Project, gas investment, regulating foreign trade financing, building solid financial and banking relations with the world's correspondent banks, complying with international standards, and combating money laundering and terrorist financing.

Therefore, holding the Arab Summit in Baghdad is an important step towards Iraq's return to its Arab fold and its openness to building balanced political, economic and security relations with sister nations. This will enable Iraq to launch an initiative for a joint Arab strategic cooperation project, similar to the one currently implemented by global economic blocs.

This initiative aims to formulate a strategy for Arab economic integration, unify joint policies and programs to support and enhance Arab development work and confront potential risks.

The experience of previous successful coordination relations with Egypt, Jordan, Saudi Arabia and the rest of the Gulf states has established important pillars for Arab economic cooperation, which supports Iraq's position in calling for the establishment of an Arab economic bloc that serves the supreme interests of the Arab peoples in all fields, especially cooperation, communication and strengthening financial and banking relations among them, particularly in foreign banking transactions.

Motivating and encouraging investment companies to invest in Iraq will lead to strengthening the financing and investment sectors, especially economic infrastructure projects. https://economy-news.net/content.php?id=55431

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

Seeds of Wisdom RV and Economic Updates Wednesday Morning 5-14-25

Good Morning Dinar Recaps,

🇺🇸 SENATORS URGE TREASURY TO RETHINK TAX ON UNREALIZED CRYPTO GAINS

Senators Cynthia Lummis (R-WY) and Bernie Moreno (R-OH) are calling on the U.S. Treasury to exempt unrealized cryptocurrency gains from a tax rule they argue unfairly penalizes American firms and stifles innovation.

In a letter sent Tuesday to Treasury Secretary Scott Bessent, the senators criticized how the 2022 Corporate Alternative Minimum Tax (CAMT), when combined with new FASB accounting rules, may result in companies owing taxes on crypto assets they haven’t sold. They claim this approach leaves U.S. businesses at a competitive disadvantage globally.

“Our edge in digital finance is at risk if U.S. companies are taxed more than foreign competitors,” Lummis tweeted, sharing the letter on X.

🔍 Background: What’s the Issue?

The CAMT, enacted under the Inflation Reduction Act, imposes a 15% minimum tax on corporations with $1 billion+ in average annual earnings, based on adjusted financial statement income (AFSI)—not traditional taxable income.

In December 2023, the Financial Accounting Standards Board (FASB) adopted ASU 2023-08, requiring companies to use mark-to-market (fair value) accounting for crypto assets. This means firms must report unrealized gains from unsold crypto on financial statements.

Now, under CAMT rules, these unrealized gains could be treated as taxable income, even though the companies haven’t liquidated the assets.

“Neither Congress nor FASB planned this outcome,” the senators wrote. “It’s the unintended result of basing tax liability on decisions by a private organization… not principles of taxation.”

⚠️ Potential Fallout

Lummis and Moreno warned this tax interpretation could:

• Force companies to sell crypto assets just to cover tax bills.

• Discourage innovation and crypto adoption in the U.S.

• Give foreign competitors an edge, as many follow different accounting standards.

They urged the Treasury to:

• Exclude unrealized crypto gains from CAMT calculations.

• Issue interim guidance immediately, before long-term damage is done.

 Political and Regulatory Context

This challenge follows recent moves by President Trump’s administration to roll back Biden-era crypto regulations:

• In April, Trump signed a law repealing the controversial DeFi broker rule.

• In March, the Senate overturned the IRS requirement that decentralized finance (DeFi) protocols report user activity like banks.

Senator Lummis, a longtime crypto advocate, has led several legislative efforts including:

• The Lummis-Gillibrand Responsible Financial Innovation Act (2022).

• The BITCOIN Act (2025), reintroduced in March, to codify Trump’s executive order on establishing a national Bitcoin reserve.

🔮 What’s Next?

While the Treasury has yet to respond publicly, the pressure is mounting. The senators stressed the urgency, writing:

“Failure to provide this clarity… will disincentivize entities from maintaining large holdings of digital assets.”

If the current policy stands, the U.S. risks losing ground in the global race for digital finance leadership. Lummis and Moreno said they are willing to work directly with Treasury officials to resolve the issue.

📌 The battle over how crypto is taxed—especially unrealized gains—could shape the future of digital asset adoption in the U.S.

@ Newshounds News™
Source:  Decrypt

~~~~~~~~~

South Korea Makes Crypto a Key Election Battleground

As South Korea gears up for its June 3 presidential election, the Democratic Party has launched a Digital Asset Committee to centralize crypto policymaking under the president’s office. The move signals crypto's rise as a major political and economic issue.

🔹 Key Points:

• New Digital Asset Committee formed on May 13 to shape national crypto policy.

• Focus areas: regulatory reform, stablecoins, exchange laws, and centralized oversight.

• The committee is drafting the “Stage 2 Bill” to modernize outdated digital asset laws.

🔹 Stablecoins in Spotlight:

• Won-pegged stablecoins are a priority, but debate continues over licensing vs. registration.

• Bank of Korea (BOK) demands final authority over KRW-linked stablecoins to protect monetary policy.

🔹 Political Stakes:

• Lee Jae-myung (Democratic Party) supports crypto innovation and a won-linked stablecoin.

• Kim Moon-soo (opposition) supports crypto adoption through public fund investment and legal clarity.

• With 16M+ South Koreans using crypto, digital assets have become a top campaign issue.

👉 Crypto is no longer niche in Korea—it’s a vote-winner.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

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“Tidbits From TNT” Wednesday Morning 5-14-2025

TNT:

Tishwash:  Al-Sudani steps up preparations for the "important event" in Baghdad.

Al-Sudani steps up preparations for the "important event" in Baghdad.

Prime Minister Mohammed Shia al-Sudani chaired a meeting to follow up on the final arrangements for the Arab Summit and the Economic and Development Summit, scheduled to be held in the capital, Baghdad, next Saturday.

According to a statement issued by his office during the meeting, al-Sudani was briefed on the security, administrative, and logistical plans for securing the summit, in addition to reviewing the organizational and technical aspects to ensure a good reception and optimal organization of the conference activities.

The Prime Minister directed all state institutions and departments to enhance work and coordination efforts, each according to their jurisdiction, to ensure the success of the summit, stressing that this event represents an important milestone that reflects Iraq's status and its pivotal and active role in the Arab and regional arenas.

In this context, the Minister of Interior and Chairman of the Supreme Security Committee for the Arab Summit, Abdul Amir al-Shammari, earlier chaired an expanded meeting that included the ministry's undersecretaries and a number of commanders and officers, to review the final touches of the security plans and procedures for the upcoming Arab Summit in the capital, Baghdad.

During the meeting, according to a statement issued by the Ministry of Interior, a comprehensive discussion was held on coordination between various security formations to ensure the highest levels of protection and organization, reflecting a positive image of Iraq.

The Minister of Interior emphasized the importance of high commitment and discipline in implementing tasks and plans, emphasizing that the success of the summit represents a shared national responsibility that requires the highest levels of preparedness and professionalism. He directed the continuation of security practices, the scrutiny of all requirements, and the unification of efforts on a single path. link

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

Tishwash:  The Minister of Finance affirms Iraq's keenness to strengthen its relations with the World Bank.

Finance Minister Taif Sami affirmed on Tuesday Iraq's keenness to strengthen relations with the World Bank and benefit from its expertise.

The ministry said in a statement, seen by Al-Eqtisad News, that "Finance Minister Taif Sami received today the World Bank Representative to Iraq, Emmanuel Salinas Muñoz," indicating that "during the meeting, areas of joint cooperation between the two sides were discussed, especially with regard to supporting economic programs and financing development projects."

He continued, "The two parties discussed prospects for strengthening the partnership in vital sectors, including energy, education and health, and the importance of continuing coordination to implement financial and administrative reforms, in line with the priorities of the Iraqi government and its plans for sustainable development.

 The Minister of Finance stressed "Iraq's keenness to strengthen its relations with the World Bank and benefit from its technical and financial expertise."

The World Bank representative reiterated "the institution's commitment to supporting the Iraqi government's efforts in implementing reform programs and achieving economic stability."  link

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

Tishwash:  The Arab Summit in Baghdad and Joint Arab Economic Cooperation

Samir Al-Nusairi

The  34th Arab Summit will be held in Baghdad soon, amidst the economic, political and security challenges and crises sweeping the world, the Arab region and the geographical region, at a time when most countries are suffering from the current trade war between America and China, which has disrupted international trade and complicated ways to facilitate the economic and financial process, in addition to the effects of wars, conflicts and disputes in the region and the world on the current economic situation and expectations of slowing economic growth and inflationary stagnation and the suffering of countries that depend primarily on oil as the main resource for the country, as well as the accumulated suffering of poor countries from the food and energy crises.

All of the above factors make Iraq, which is witnessing security and economic stability, enjoys balanced foreign relations with countries of the world, and strong and open relations with Arab countries. This is supported by the success of the current government in achieving fundamental stages of comprehensive economic, financial, and banking reform, which will be reflected in building a solid national economy and a solid financial and banking sector, as economic indicators indicate in 2024 and the first quarter of 2025.

Foreign exchange reserves and gold reserves exceed $100 billion, with a sufficiency rate of 140% to cover the local currency in cash circulation and to cover imports, the recovery of the Iraqi dinar, and the relative stability of the exchange rate against the US dollar. The annual inflation rate reached 2.8% and the core inflation rate 2.5%, which means maintaining the general level of prices despite the food crisis and the repercussions of the current global trade war.

What strengthens the Iraqi economy are the giant economic and investment projects and joint projects with Arab and friendly countries, such as the Development Road Project, gas investment, regulating foreign trade financing, building solid financial and banking relations with the world's correspondent banks, complying with international standards, and combating money laundering and terrorist financing.

Therefore, holding the Arab Summit in Baghdad is an important step towards Iraq's return to its Arab fold and its openness to building balanced political, economic and security relations with sister nations. This will enable Iraq to launch an initiative for a joint Arab strategic cooperation project, similar to the one currently implemented by global economic blocs. This initiative aims to formulate a strategy for Arab economic integration, unify joint policies and programs to support and enhance Arab development work and confront potential risks.

The experience of previous successful coordination relations with Egypt, Jordan, Saudi Arabia and the rest of the Gulf states has established important pillars for Arab economic cooperation, which supports Iraq's position in calling for the establishment of an Arab economic bloc that serves the supreme interests of the Arab peoples in all fields, especially cooperation, communication and strengthening financial and banking relations among them, particularly in foreign banking transactions.

 Motivating and encouraging investment companies to invest in Iraq will lead to strengthening the financing and investment sectors, especially economic infrastructure projects. link

Mot:  Life is Getting Really tough fir dis Young Man!!!  

Mot: . Ya Knows -- Lately it Seems ~~~~

News, Rumors and Opinions Wednesday AM 5-14-2025

Ariel: What Day is Iraq Hosting the Arab Summit?

5-12-2025

You Missed The Other One:

Many people do not realize that when China & US reduced their tariffs they created parity in current value. Only paying 10% on both sides.

Guess what?

That’s your revaluation in the pharmaceutical announcement.

D. Trump said we will not be paying more than others right?

Did you check out the indices? Isn’t everything green?

That was the market reacting.

And did Drop 75 say once D. Trump returns from the Middle East the world would be a different place?

On your mark people.

Well did you go read the Transition Post from D. Trump?

What did it say?

When I return from the Middle East, where great things will happen for America right?

We should all know by now when D. Trump makes announcements they have double or triple meaning.

I covered one aspect of this yesterday on my other channel.

Many people were dismayed. Others were in the middle. But you never draw a broad conclusion when dealing with D. Trump. So many examples as to why.

Did he tell you in that announcement that he was going for a total reset correct?

Well what do you think all of these trade deals are for?

Didn’t Iran just announce they are removing 4 zeros?

Helloooooooooooooooo…

People need to stop acting out & missing out. Because you only close yourself off to what you never gave yourself a chance to see.

Are you tired of winning yet?

May 26 is coming up fast. And I like to think D. Trump wants many things done by then.

We didn’t even cover Iraq. But for the sake of brevity.

You simply do not host 22 Arab states in Iraq unless you’re ready to change the trade narrative and prepare for the international markets.

Are you all even watching the trade talks? Go read it. Look at what language they are using. Something you been waiting to hear for the past ten years.

You can not tell me things are not ready to go at any moment now. And what day is Iraq hosting the Arab Summit? May 17th.

People have become so jaded. You all are witnesses the very thing that brought you to the dance.

I can say more but you get the point right?

Source(s):  https://x.com/Prolotario1/status/1922043587761516578

https://dinarchronicles.com/2025/05/13/ariel-prolotario1-what-day-is-iraq-hosting-the-arab-summit/

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Mr. Sammy says, think about the importance of this weekend, all the meeting that are being held between Alaq and our President of Iraq.  It is at the palace...Alaq is the trigger man for the rate and he ain't just talking to him about a program rate of 1310...We know the majority of the meeting was held on the monetary reform success.  FRANK:  This meeting was very significant...The fact that Alaq and Sudani are also at this meeting with the IMF...The IMF gives central banks permission to lift the value or change the value for their currency.  These are exciting meetings that lead to only one conclusion...

5-13-2025   Newshound Guru Militia Man  Article quote: "Iran...Removing 4 zeros from the national currency is one of the key measures included in the action plan."  Now watch, you're going to have numbers different people on the internet saying, 'it's a LOP.'  If you believe the United States Treasury and the World Bank and the Bank of International Settlements have worked for 21 years to erase the value of the currency?  You have to be kidding me...Lopping a currency isn't part of a current reform program.  It's destroying value. That's not what we're talking about here.  We have two really rich countries ...The toman/rial is far less valued than the Iraq dinar...I think this is good.

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

$2.5 Trillion Dollar Avalanche: Asia's Great Exit from U.S. Dollar to Gold

Taylor Kenny:  5-13-2025

$2.5 trillion in silent dollar holdings could be dumped—and no one’s paying attention. Everyone’s watching central banks, but the real danger to the dollar lies elsewhere.

A quiet sell-off from Asia could spark a rapid collapse in confidence, inflation, and your standard of living. This video breaks down how close we are to the edge—and what you can do now to protect your wealth.

https://www.youtube.com/watch?v=HiXFs6q_BoU

Iraq Economic News And Points To Ponder Tuesday Evening 5-13-25

SWIFT And The US Federal Reserve Put Iraq At The Mercy Of The Global Economy.
 
 Information/Special..Economist Hassan Al-Sheikh warned on Tuesday that Iraq has become more vulnerable to global economic shocks due to its increasing connection to the international financial system, particularly after joining the SWIFT global financial system and engaging directly with the US Federal Reserve.
 
In a statement to Al-Maalouma News Agency, Al-Sheikh said,  "Over the past two years, Iraq has entered the global economy with a strong push through international bank transfers, subjecting banks to strict oversight, and opening channels with international banks.

This has made it vulnerable to any external economic change, whether in oil prices or financial and monetary policies." 

He pointed out that  Iraq, which prior to 2020 was virtually isolated from the global financial system, is now severely restricted, negatively impacting its general budget, which already suffers from a widening financial deficit. 

The sheikh added that  this interdependence not only threatens the stability of oil prices,
but also makes any global economic or customs decision directly impact the state's finances.
 
He warned of worsening crises if steps are not taken to strengthen the independence of the Iraqi economy.  He pointed out that any breakthrough in the US-Iranian negotiations could open the door for Iraq to overcome some of the obstacles, particularly those related to sanctions imposed on the Central Bank.
 
This could allow Baghdad to freely withdraw its funds, provide better access to dollars,
and perhaps even restore the exchange rate to 120,000 dinars to $100. 

He pointed out that this would allow Iraq to import Iranian gas more smoothly, which would contribute to improving the performance of the electricity sector. https://almaalomah.me/news/98623/economy/سويفت-والفيدرالي-الأميركي-يضعان-العراق-تحت-رحمة-الاقتصاد-الع  

Minister Of Finance Affirms Iraq's Keenness To Strengthen Relations With World Bank

Economy     Yesterday, 21:15  Baghdad – INA  Finance Minister Taif Sami affirmed, on Tuesday, Iraq's keenness to strengthen relations with the World Bank and benefit from its expertise.
 
The ministry said in a statement received by the Iraqi News Agency (INA):   "Minister of Finance Taif Sami received today the World Bank Representative to Iraq, Emmanuel Salinas Muñoz," indicating that
 
"during the meeting, areas of joint cooperation between the two sides were discussed,
especially with regard to supporting economic programs and financing development projects."

He continued,  "The two parties discussed  prospects for strengthening partnership in vital sectors, including energy, education, and health,  and the importance of  continuing coordination to implement financial and administrative reforms, in line with the Iraqi government's priorities and plans for sustainable development."

The Minister of Finance affirmed "Iraq's keenness to strengthen its relations with the World Bank
and benefit from its technical and financial expertise."
 
The World Bank representative reiterated the institution's commitment to supporting the Iraqi government's efforts to implement reform programs and achieve economic stability.      https://www.ina.iq/234152--.html 

Economist: Iraq Has Export Resources To Mitigate The Damage Caused By The Drop In Oil Prices.
 
    May 11, 10:54 AM  Information/Baghdad...Economic researcher Diaa Abdul Karim explained on Sunday that  Iraq possesses numerous resources that could be exported abroad and their revenues utilized, particularly petroleum derivatives. 

Abdul Karim told Al-Maalouma, "There is an urgent need to develop oil refineries 
     to ensure that gas is not burned or wasted and that
     all derivatives are utilized to
          achieve self-sufficiency and
          export the remainder abroad." 

He added, "The rise and fall in the price of a barrel of oil is the most prominent concern for
Iraqi citizens and employees, as everyone is waiting and hoping for a rise in the price of oil, while the government should be more inclined to export derivatives." 

He explained that "Iraq has   minerals,  natural resources, and  petroleum derivatives that can be leveraged to  boost budget revenues and  reduce reliance on oil as the primary source of funding for the budget, in order to avoid the fluctuations and occasional shocks of the global market."   https://almaalomah.me/news/98371/economy/اقتصادي:-العراق-يمتلك-موارد-للتصدير-لتلافي-اضرار-انخفاض-أسعا  

Trade: Iraq To Be The Fourth Largest Arab Economy By 2025
 
Economy     Yesterday, 11:18  Baghdad – INA  The Ministry of Trade announced today, Tuesday, that Iraq will be the fourth largest Arab economy by 2025, noting that the volume of trade with 11 countries rose to $65 billion in the first half of 2024.
 
Ministry spokesman Mohammed Hanoun told the Iraqi News Agency (INA): 
"Iraq is an important economic player in the region, witnessing a remarkable development in the volume of trade with Arab countries, and working to strengthen its regional and international economic role."

He indicated that "the volume of trade between Iraq and 11 countries rose to $65 billion in the first half of 2024,   a 10% increase compared to the same period in 2023."

He added that  "the volume of trade between Iraq and Saudi Arabia reached $1.3 billion in 2024,
reflecting a significant increase compared to previous years," noting that "the volume of trade with the Hashemite Kingdom of Jordan exceeded $1 billion annually,after increasing by 45.6 percent in 2024."

He stated that  "the United Arab Emirates exported goods to Iraq worth $22 billion in 2024," noting that "Iraq's economic role in the region and the world has begun to grow and expand,  ranking 51st  globally and   fourth in the Arab world on the list of the world's largest economies for 2025, according to a report issued by the American magazine "CEO World."

He continued,  "The development road project, estimated to cost $17 billion, aims to make Iraq a regional transportation hub by linking its southern hinterland to the Turkish border in the north, enhancing its role as an economic hub in the region."

He emphasized that "Iraq's move is to strengthen its economic position by developing trade relations with Arab countries,  reviewing all previous agreements, and  implementing strategic projects aimed at diversifying its economy and reducing its dependence on oil."

He pointed out that "Iraq's commitment to hosting the Arab Summit reflects its commitment to leading Arab efforts toward achieving economic and development integration, having called for the establishment of an Arab economic bloc that would invest in the human and geographical resources of Arab countries,
 
with the goal of
     achieving effective economic integration,
     providing job opportunities, and
     achieving social justice."

He noted that  "By hosting the Arab Summit, Iraq seeks to focus on food security and sustainable development, and to develop an Arab strategy for food security, in addition to supporting initiatives related to artificial intelligence, energy, water, and education, with the goal of achieving sustainable development in the region."
 
It's worth noting that Iraq has proposed, in previous meetings, the most recent of which was the preparatory meeting for the Arab Economic and Social Development Summit held in Baghdad yesterday, the establishment of an Arab Council comprising trade ministers under the umbrella of the League of Arab States, to enhance coordination and integration in trade policies among member states.     https://www.ina.iq/234111--2025.html   

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

Seeds of Wisdom RV and Economic Updates Tuesday Evening 5-13-25

Good Evening Dinar Recaps,

US BANKING AUTHORITY CLEARS PATH FOR CRYPTO SERVICES AT NATIONAL BANKS

OCC and Fed's synchronized policy shift opens doors for national banks to enter crypto markets amid rising customer demand.

The Office of the Comptroller of the Currency (OCC) confirmed on May 13 that national banks are now authorized to engage in a wide range of crypto-asset activities, removing long-standing regulatory ambiguities that had kept many financial institutions on the sidelines.

In tandem with recent moves by the Federal Reserve, the policy shift opens the door for national banks to offer crypto custody, execute trades at customer direction, and outsource digital asset services under established third-party risk guidelines.

OCC announcements and letters

The OCC’s announcement, delivered via a statement and supported by Interpretive Letters 1183 and 1184, marks a coordinated rollback of prior restrictions.

• Letter 1183, issued March 7, formally rescinds the 2021 supervisory “non-objection” process set out in Letter 1179.

• Letter 1184, issued May 7, extends authority by permitting banks to buy and sell cryptocurrencies held in custody when directed by clients.

These policy updates align with the Federal Reserve’s April 24 decision to retract its pre-approval guidance for crypto activities.

Together, these actions dissolve the primary regulatory hurdles that had delayed widespread adoption of crypto services by traditional financial institutions.

“The U.S. banking system is now deemed well-positioned to support digital asset activity,” the OCC stated.

Future of crypto within US TradFi Sector

With the global crypto market cap around $3.33 trillion as of May 13, the scale of the opportunity is no longer viewed as speculative. National banks now have the opportunity to compete for custody fees and customer retention in a space once dominated by fintech firms.

“More than 50 million Americans hold some form of cryptocurrency,” said Acting Comptroller Rodney E. Hood.
“The digitalization of financial services is not a trend; it is a transformation.”

The shift is framed as a structural evolution, supporting integration within banking models, not experimentation.

Next steps

Letters 1183 and 1184 emphasize AML compliance, yet omit guidance on private key management and capital adequacy.

• Integration of AML systems, wallet infrastructure, and third-party contracts may take 6–12 months.

• Ongoing jurisdictional questions between the SEC and CFTC create regulatory gray zones for some tokens.

FDIC does not insure digital asset holdings, a vital point for customer awareness.

Still, this represents the most pronounced shift in U.S. banking crypto policy since 2020’s Letter 1170.

The policy aligns U.S. oversight with Europe and Asia, where regulated crypto services are already common. Political pressure to counter alleged efforts like “Operation Chokepoint 2.0” has influenced this evolution.

As Letters 1183 and 1184 take effect, competition is expected to intensify. Traditional banks may quickly gain ground if they can translate permission into readiness—leveraging trust and regulatory infrastructure as advantages.

@ Newshounds News™
Source:  CryptoSlate

~~~~~~~~~

CARDANO’S BIG NEWS: BRAVE WALLET INTEGRATION

Brave Wallet integration allows over 70 million users to send and receive Cardano’s ADA tokens.

Charles Hoskinson teases major updates, linked to the Midnight upgrade, for Cardano's future growth.

ADA has broken past key levels, suggesting potential price surge toward $0.86 and $1.

After jumping 20% last week, Cardano (ADA) has now dropped 5%, but there’s more behind it. With the Brave Wallet now supporting ADA and Cardano’s founder teasing more surprises, the stage is set for ADA price to hit a monthly high.

So, is ADA on its way to $1?

Cardano’s Brave Wallet Integration
The Brave browser, which has over 70 million users, has officially added support for ADA in its built-in crypto wallet. Reacting to the news, Cardano’s founder Charles Hoskinson hinted that this is just the beginning.

He suggested that several more big updates will roll out through the Summer and Fall of 2025.

Hoskinson even joked that VPN and advertising companies might be in for a shock once these integrations go live.

His message was clear: Cardano is entering a new phase of real-world adoption, and the Midnight upgrade is just the start.

ADA Eyeing $1 Mark – Key Levels To Watch
This Brave integration has brought back fresh hopes in the Cardano community, especially after ADA’s recent dip.

As of now, ADA price is currently trading around $0.79, down 4% today. Still, many traders see this as a healthy correction, not a warning sign.

Looking at the chart, ADA has already broken past the $0.72 and $0.75 levels, which is a good sign. It is now sitting close to the $0.786 level, which is an important zone.

If it can break through this and hold, the next targets could be around $0.86 and even higher, like $1.00.

Bullish Momentum Isn’t Over Yet
One more positive sign is that the trading volume is strong—currently at $1.88 billion, reflecting a surge of 65% seen in the last 24 hours. This means a lot of people are buying and selling ADA right now.

Technical signs like RSI also hint at a bullish momentum as it is still at 61.

However, if it fails to move higher, the price might fall back down to support near $0.72 or $0.67.

@ Newshounds News™
Source:  CoinPedia

~~~~~~~~~

Isaac Update

5/13/2025

Isaac will post in his Telegram Room tomorrow after his appointment.

Isaac's Telegram Room Link

@ Newshounds News™

~~~~~~~~~

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

FRANK26….5-13-25…..THEY STILL CALLING

KTFA

Tuesday Night Conference Call

FRANK26….5-13-25…..THEY STILL CALLING

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE=IMPLEMENTATION

https://www.youtube.com/watch?v=WIsNoQ2TLr8

Evening News with MarkZ. 05/13/2025

Evening News with MarkZ. 05/13/2025

Some highlights by PDK-Not verbatim

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

Member: Good evening one and all

Member: Lots going on...here and over there.....

Member: I’m hearing 46 Iraqi companies are in the US right now until May 14th for direct investments in American. They would not be able to do that without an international rate

MZ: buckle up…the news really is solid.

 Member: Do you think the trigger has been pulled and it’s a slow roll out?

MZ: yes.

Member: Could we have appointments before the rate is on forex?

MZ: If it works like Kuwait- yes. I was told they would try to slide up in a week or so before forex….but in this day and age- I don’t know how they can do that.

MZ: I do know a couple of historic bond contacts with appointments set in stone for tomorrow. Then a couple more with appointments on Wed and Thurs. these are different bonds then some seen previously

MZ: I am hopeful we get some idea on timing from those.

MZ: “Spokesman for the Secretary General of the Arab League: Preparations for the Baghdad summit were successful in all aspects” Many folks attending are already showing up including folks from the IMF ect.

Member: This starts over the weekend.

MZ: “IMF praises Iraq’s progress in economic reforms. Ready to advise” 

MZ: “ Swift and the Federal Reserve put Iraq at the mercy of the global economy”  this points out that Iraq is now “International”

Member: Interenational requires an RV.

MZ: We are waiting for that announcement

Member: Have a great night everyone. See you all in the morning

Mod: Mark's next travel schedule. He leaves on May 17th (which is Mark's dad 80th B-Day) and comes back on May 21st. Zester will host the podcast when Mark is gone. Mark will pop in when he can.

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://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 NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=_SEBA5isZBk