Is Lending Money To Family Always The Right Thing To Do?

Is Lending Money To Family Always The Right Thing To Do?

Monique Danao   Thu, May 22, 2025  Moneywise

I’ve hustled hard to make something of myself. Now my sister, 29, wants to borrow money — again. What do I do?

Consider the case of Eric, a 33-year-old who is debt-free, owns his own business and lives comfortably after years of hard work and risk-taking. When his 29-year-old sister recently asked him to cover a few months of her rent, he said no.

Lending money to family: What could go wrong?

According to Lending Tree, 35% of Americans who lent money to family or friends reported negative consequences. These include hurt feelings (14%), decreased contact (11%) and resentment (10%).

Lending to family can also blur emotional lines. It’s one thing to help someone in a crisis. But if there’s no plan for repayment or accountability, it can easily lead to resentment.

A short-term favour can quickly shift the family dynamic and turn one sibling into a provider and the other into a dependent.

Financial help doesn’t equal financial handouts

Saying no to lending money doesn’t mean saying no to helping. Some forms of support can be more beneficial in the long run. Here are a few alternatives that might empower your sibling more than a temporary bailout:

• Offer to review their budget: Sometimes, all it takes is a fresh set of eyes to spot where money is going. Instead of offering cash, propose working together toward a goal like building an emergency fund.

• Help them apply for jobs or update their resume: A part-time job might not cover everything. Offer to help update their resume, practice for interviews, search for better opportunities or tap into your network on their behalf.

• Help them explore debt consolidation: If they’re overwhelmed by bills, consolidating the debt into a single, lower-interest payment might help them catch up.

• Set boundaries with conditions: If you choose to help in the future, consider setting clear expectations, like one-time assistance, partial repayment, or proof of an action plan.

• Connect them with a financial advisor or credit counsellor: If the situation is complex, a professional can offer tailored advice and help them build a sustainable plan to get back on track.

TO READ MORE:  https://news.yahoo.com/news/finance/news/ve-hustled-hard-something-myself-120300511.html

Gold Telegraph: Without Central Banks Monetizing Debt, the Entire System Cracks

Gold Telegraph: Without Central Banks Monetizing Debt, the Entire System Cracks

5-22-2025

Gold Telegraph  @GoldTelegraph

Suddenly the entire planet is watching Japan. We all have been watching this financial circus for years.

This cartoon I made from 9 months ago is starting to look like reality. Look at the bond market right now in Japan.

I have been sounding the alarm on Japan for years. I mentioned this on stage in Denver last year but Japan has literally socialized its financial system.

What was once unthinkable is now the model… Without central banks monetizing debt, the entire system cracks.

BREAKING NEWS: THE EUROPEAN CENTRAL BANK IS WARNING THAT A FUNDAMENTAL REGIME SHIFT COULD BE UNDERWAY AS INVESTORS RETHINK UNITED STATES ASSETS

The world is becoming awake.

“The ECB suggested that investors seem to be rethinking U.S. assets…”

Source: https://www.cnbc.com/2025/05/21/a-fundamental-regime-shift-could-be-underway-as-investors-rethink-us-assets-ecb-says.html

Gold is the anchor that reality ties to your ankle when you spend without restraint. Governments know this, that’s why they fear it. Because gold doesn’t negotiate… it exposes.

Japan printed itself into a corner. Now the world is watching its bond market and pretending to be shocked.

What did you expect when the central bank owned over half the debt? Why is this so hard to understand?

I wrote this nearly 2 years ago. Complete monetary confusion in Japan.

Gold Telegraph:   COMPLETE MONETARY CONFUSION IN JAPAN Japan's budget demand for the upcoming fiscal year is expected to reach a RECORD high of over $767 billion. The Japanese government has debt that's over twice the size of its economy. Largest amongst industrial nations. Japan is the third largest economy in the world. The Bank of Japan is in a deep, dark corner as they have created an illusionary financial market that is now distorted.

 ‣ Gold is right at record highs in Japan.

‣ The Japanese Yen's buying power sinks to a 53-year low.

‣ The country STILL has NEGATIVE interest rates.

‣ The Bank of Japan is purchasing government bonds at a RECORD pace this year.

 ‣ In May, The Bank of Japan reported an unrealized loss on its Japanese government bond holdings for the first time in 17 years

‣ The Bank of Japan holds 53% of outstanding Japanese government bonds.

 ‣ The Bank of Japan owns 6% of the entire Japanese stock market.

This is what flying by the seat of your pants looks like.

We recently discovered that the Bank of Japan is collaborating with 60 companies, including megabanks, regional lenders, Sony, Toyota, and East Japan Railway, on a pilot program to develop a digital yen.

 As I have often said: Gold is a hedge against stupidity. How much more strange can Japan get?

Source(s):  https://x.com/GoldTelegraph_/status/1925028897852105061

https://dinarchronicles.com/2025/05/21/gold-telegraph-without-central-banks-monetizing-debt-the-entire-system-cracks/

Thursday Morning Coffee with MarkZ. 05/22/2025

Thursday Morning Coffee with MarkZ. 05/22/2025

Some highlights by PDK-Not verbatim

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

Member: Good Morning and Welcome home Mark……you were missed

Member: hoping you have some wonderful RV news for us today. We are coming up on a 3 day weekend…..is it the one we are waiting for?

Member: Eid al Adha coming on June 6 here. 4 day holiday

Member: do you still think some people have signed NDA’s?

MZ:  I know some people who have NDA’s, but  the overwhelming majority do not have them yet.

Member: my friend has been on NDA since end of January. this month makes 4 months. sold her house and went to west coast. off social media too.

MZ: She is very smart.

MZ: I am expecting a bond update/call from one of my contacts today between 2:00-3:00 est today.

MZ: No update from redemption center staff yet. But, I have many contacts to get through today.

Member: I wonder what ever happened to all the bondholders that were given money to fly to their destinations to handle their bonds.We don't hear anything about that anymore

Member: Reuters posted 3/25 that they were Modernizing their Payment system...sounds like QFS

Member: I wish we knew for sure that the QFS is even real????

Member: Majeed said Iraq passed. But, What is Iraq liberation act passed by Congress???!!?????????

Member: Do you expect Trump to sign EO13303 today to extend it?

Member: I thought the Prez already renewed that EO back on May 9th???

Mark z, I heard that the Vietnamese dong has revalued. is that a true statement?

MZ: I don’t know who started that rumor….but, imo it has not gone yet.

Member: Nader posted today saying people hoarding dinar causing cash flow problems

MZ: They are hoarding it for a couple of reasons. Lack of trust in the banking system and expectation of a higher value. Currency requires a flow.

MZ: “Kurdish Region sends the Federal Treasurys share of non-oil profits” They sent this in cash. Still working on electronic payment system. They are making great progress.

MZ: “Iraq and France discuss boosting economic ties”   Just another example how the world is embracing Iraq. Everyone wants to get their foot in the door before the bus takes off to prosperity.

Member: I wonder -will we will know the "when" ahead of time? Or will it come like a thief?

MZ: It will come like a thief in the night…imo. I think we will get close watching the signs that it is time to prepare…..but no one knows exactly when.

Member: So is Iraq in charge of flipping the switch or is it Trump?

Member: I heard we are waiting on audits for the Fed Reserve, US Treasury and Ft. Knox.

Member: will we see the RV this year?

MZ: I still think we will see the RV this year. We do not know the exact timing. But we always know its an inevitability. Historically we always transition from fiat back to asset backed.

Member: Trump is supposed to make big announcement on May 26 Memorial Day. Celebration to continue until July 4th 2026, the 250th birthday celebration!

Member: Phil G said crash and revaluation would start over weekend thru the week and starting on 26th???? Well Monday is the 26th????????

Member: I was told will not hit tier 4b till July 4th.Hope its wrong.

Member: I keep telling myself God is in charge of flipping this switch

Member: Happy Birthday to everyone celebrating today

StacieZ joins the stream at the end. Please listen to the replay for her information and opinions.

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=je38gouPnVk

News, Rumors and Opinions Thursday 5-22-2025

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

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 22 May 2025

Compiled Thurs. 22 May 2025 12:01 am EST by Judy Byington

Judy Note on Exchange Appointment: It is my personal opinion, and I could be wrong, that exchange rates were set and non negotiable, that we could gain immediate access to our monies as soon as the currency was verified not to be a forgery and that no one but ourselves would see what’s in, or could gain access to our wallet (personal bank account on the QFS System). Also, we will be given a second appointment to explain our Humanitarian Projects and redeem Zim Bonds.

It’s official: as of Fri. 23 May 2025, Redemption Centers will (allegedly) begin processing live appointments under full GESARA protocol. …Nesara Gesara QFS on Telegram

Locations are tightly controlled. No drop-ins. You’ll receive your time slot via direct encrypted alert — be ready.

According to sources inside two U.S. Treasury branches, the schedule is already (allegedly) being populated with approved Tier 4B participants. This is the moment we’ve all prepared for.

What happens at a Redemption Center?

• You’ll confirm your identity through biometric authentication.
• Your ZIM, Dinar, and Dong holdings will be verified and exchanged at asset-backed rates.
• You’ll (allegedly) receive a digital quantum card tied directly to your sovereign QFS wallet.
• You’ll be briefed on post-exchange asset management, debt clearance, and project support funds.

Starting Mon. 26 May 2025 initial Redemption Centers in the U.S. and EU are expected to go live for private appointment scheduling. …Nesara Gesara QFS on Telegram

These centers are pre-designated quantum access locations for early adopters and pre-authorized individuals to transition into the QFS ecosystem.

Biometric scan entry

Currency exchange at fixed quantum rates

On-boarding to sovereign asset accounts

Immediate digital wallet deployment.

What’s key here? No banks. No third parties. No surveillance. Just a clean handshake between human and system.

Expect this phase to remain mostly silent in the media. But those with invites will know what to do. This is the real quiet before the financial storm.

The Greatest Financial and Political Shift in Modern History is Underway

The Global Currency Reset Has Been Released

Three More Days

Be Ready

Blackout

The World is Connected, is Watching.

TRUST THE PLAN

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

Judy Note: The IRS is (allegedly) gone, the Federal Reserve collapsing and the Worldwide Quantum Financial System has been placed online.

President Trump has (allegedly) signed GESARA into law – the largest transfer of wealth in the history of the World – taxpayer monies stolen by globalist elite were being paid back to hard working people who answer only to a loving God.

The corrupt financial system was crumbling. The Federal Reserve, collapsing, the IMF and World Bank scrambling.

Read full post here:  https://dinarchronicles.com/2025/05/22/restored-republic-via-a-gcr-update-as-of-may-22-2025/

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

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

Frank26  This is actually happening.  I know it's late.  I know it's a constant delay but it really truly sincerely is happening...The articles keep screaming everything that [Boots on the ground Firefly's banking friend] Mr Sammy wants to tell us.  Mr. Sammy knows damn well that it's about to happen...Right now it's not a guessing game anymore.  It is a reality...The whole world is not coming to Iraq because of 1310.  These are exciting time for our investment.  That's my opinionated fact...  

Kaperoni   Though many people feel that they haven't seen any results,  significant improvements in Iraq include the central bank's efforts to transition to digital. The two-year plan to integrate the banking system with the global financial system is a critical step.

US Debt Downgrade Is A Much Bigger Deal Than You Think (Here's Why)

George Gammon:  5-21-2025

https://www.youtube.com/watch?v=nKXh7KAMyao

Moody’s Just Downgraded U.S. Debt - Here’s What it Really Means

Heresy Financial:  5-21-2025

https://www.youtube.com/watch?v=fnuTstJAk18

Iraq Economic News And Points To Ponder Thursday Morning 5-22-25

The Governor Of The Central Bank Participates In The First International Conference On Carbon Economics In Iraq.
 
May 21, 2025  His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq,
participated in the first international conference on carbon economics in Iraq,
as a key partner and supporter of combating climate change and reducing carbon emissions.
 
On the sidelines of the conference, His Excellency said in his speech:

The opportunity is ripe to contribute to preserving an environment that has been exhausted by wars and various pollutions,
 
mentioning a group of initiatives taken by the Central Bank of Iraq within a series of innovative solutions and measures that contribute to mitigating direct environmental challenges.
 
Among these solutions, the Central Bank,
in cooperation with the Supreme Committee for Lending in the Council of Ministers,
presented an initiative of (1) trillion dinars,
to
     shift from the use of traditional sources to renewable energy sources,
     reduce carbon emissions, and
     expand green spaces to achieve sustainable development. He added that
 
the Central Bank of Iraq, in cooperation with the World Bank,
worked to develop a green financing model and implement it within the financial sustainability roadmap approved by the Central Bank of Iraq for the period (2023-2029), and
 
one of its outcomes is the development of a sustainable financing roadmap for managing environmental, social, and governance (ESG) risks.
 
Revealing the commencement of granting specialized banking licenses to support climate and environmental conservation through financing green projects,
 
namely Riyada Bank and the Green Bank, and
work is underway to soon integrate these banks into the Iraqi banking ecosystem. He explained that
 
the Central Bank of Iraq has presented important projects, including the
 
     rehabilitation of brick factories to convert from polluting fuel (black oil)
     to cleaner fuel (liquid gas) to reduce carbon emissions,
 
as part of the trillion-dinar initiative, with an amount of 500 million dinars for each factory.
 
Announcing the Central Bank of Iraq's funding of waste recycling projects within the framework of the Renewable Energy Initiative,
 
the project aims to help reduce soil pollution, particularly in sanitary landfills.

This poses a future environmental risk,
impacting the type and quality of soil in housing, agricultural, and other projects.
 
His Excellency concluded by saying that he seeks to cooperate and offer initiatives in this field,
based on his belief in the bank's ability to
 
     create a better environment,
     increase community well-being, and
     overcome the environmental challenges surrounding Iraq.
    
    Central Bank of Iraq    Media Office   May 21, 2025     https://cbi.iq/news/view/2890 

2025 Budget: Government Advisor Outlines Spending Priorities And Plans To Address Trillion-Dollar Deficit

Time: 2025/05/21 Read: 2,430 times  {Economic: Al Furat News} The Prime Minister's financial and economic advisor, Mazhar Mohammed Salih, revealed important details related to the budget for the remainder of 2025 and the impact of global economic variables on the oil market.

In a press statement, Salih confirmed that "Iraq was able to sell its oil until the end of the first quarter of 2025 at an average price of $75 per barrel, which exceeds the price specified in the general budget law of $70."

He pointed to the paradox witnessed by the global oil market, as the OPEC+ group recently lifted its restrictions on member states' production, driven by a decline in global oil inventories. However, this increase coincided with the escalation of the trade war between the United States and China, and the subsequent imposition of customs tariffs, which produced signs of a recession in the global economy.

Salih explained that a 1% decline in economic growth leads to a half-percent decline in demand for crude oil and vice versa, noting that this has created a "downward oil asset cycle."

Regarding the Iraqi general budget for the rest of 2025, Salih indicated that it will operate according to the principle of "fiscal space," which is based on flexibility in controlling public expenditures.

He emphasized that priority in spending will be given to government salaries and wages, pensions, and social welfare, which affect the lives of eight million Iraqis. He also stressed the need to continue Spending on infrastructure projects remains uninterrupted, as they are linked to the government's development and reform agenda.

Saleh noted that the budget includes a hypothetical maximum borrowing limit of 64 trillion Iraqi dinars (about $1.5 trillion) to cover the deficit gap, out of an upper ceiling of 200 trillion dinars. He emphasized that the Ministry of Finance will borrow to finance the project when needed. LINK

Oil Prices Recorded A Slight Decline At Settlement

Wednesday, May 21, 2025 01:15 | Economic Number of reads: 456   Baghdad / NINA / Oil prices recorded a slight decline at the close of trading on Tuesday, due to the uncertainty surrounding the fate of negotiations between the United States and Iran and peace talks between Russia and Ukraine, while new government data presented a cautious outlook for the economy of China, the world's largest importer of crude oil.

Brent crude futures fell 16 cents, or 0.2 percent, to $65.38 a barrel at settlement, and US West Texas Intermediate (WTI) crude futures fell 13 cents, or 0.2 percent, to $62.56 a barrel. https://ninanews.com/Website/News/Details?key=1228151

Gold Prices Rise More Than 1% As The Dollar Continues To Weaken

Wednesday, May 21, 2025 05:14 | Economic Number of reads: 411  Baghdad/ NINA / Gold prices recorded a significant rise of more than 1% on Tuesday, supported by the continued weakness of the dollar amid uncertainty in global markets.

Spot gold rose 1.6% to $3,280.32 per ounce, while US futures rose 1.5% to $3,283.10.

As for other precious metals, platinum jumped 3.8% to $1,035.53, palladium rose 2.7% to $1,001.25, while silver rose 1.3% to $32.78 per ounce. / End https://ninanews.com/Website/News/Details?key=1228155

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

Seeds of Wisdom RV and Economic Updates Thursday Morning 5-22-25

Good Morning Dinar Recaps,

US LAWMAKER REINTRODUCES BILL AMID PUSHBACK ON TRUMP'S CRYPTO TIES

The US president's intention to host a dinner for people who purchased millions of dollars worth of his memecoin has contributed to slowing or halting crypto bills in Congress.

A Democratic representative in the US Congress will support a blockchain bill at a time when many left-leaning lawmakers are blocking crypto-related pieces of legislation due to concerns with President Donald Trump’s potential conflicts of interest.

In a May 21 notice, Minnesota Representative Tom Emmer said he had reintroduced the Blockchain Regulatory Certainty Act, a bill that “solidifies that digital asset developers and service providers that do not custody consumer funds are not money transmitters.” Emmer, a Republican, said Democratic Representative Ritchie Torres would co-lead the bill, making it a bipartisan effort in Congress.

“The Blockchain Regulatory Certainty Act reflects a thoughtful, bipartisan effort to get digital asset policy right,” said Torres. “While similar language was voted down in markup last Congress, we took that feedback seriously and returned with a smarter, sharper framework that protects innovation without compromising oversight.”

Representatives of advocacy organizations, including the Crypto Council for Innovation, Solana Policy Institute, Digital Chamber, Coin Center, DeFi Education Fund, and Blockchain Association, said they would support the proposed blockchain regulatory bill.

It was unclear whether Emmer and Torres had a majority of votes in the House of Representatives for the legislation to pass.

Torres has supported many bills and policies favorable to the crypto industry since assuming office in 2021. Together with Emmer, he has led the Congressional Crypto Caucus to advance crypto-friendly policies in the House since March.

A Bipartisan Blockchain Bill Amid Memecoin Concerns?

Other Democratic House members, including Representative Maxine Waters, have suggested they intend to block any legislation related to crypto and blockchain until Republicans address Trump’s connections to the industry, such as his family’s stake in World Liberty Financial and his TRUMP memecoin.

The president is planning to host a dinner with up to 220 people holding the most significant amounts of his memecoin on May 22.

@ Newshounds News™
Source:  Cointelegraph

~~~~~~~~~

MICHIGAN LAWMAKERS PROPOSE FOUR NEW CRYPTO-RELATED BILLS

The new Michigan bills would permit Bitcoin pension investments, bar state CBDC support, and offer tax breaks for crypto mining at oil sites.

▪️ Michigan lawmakers introduced four crypto-related bills, including HB 4510, which would permit public retirement funds to invest in Bitcoin via regulated exchange-traded products.

▪️ HB 4511 seeks to block state support for U.S. central bank digital currencies, banning any licensing, taxation, or official advocacy of CBDCs by state agencies.

▪️ Two companion bills, HB 4512 and HB 4513, promote Bitcoin mining at abandoned oil wells, offering tax breaks to companies that restore environmental sites in exchange for mining rights.

Four new crypto-related bills were introduced in the Michigan House late Wednesday, joining a growing trend of state-level efforts to define the role of digital assets in public policy.

Rep. Bill Schuette’s (R-MI) House Bill 4510 seeks to allow Michigan’s state treasurer to invest retirement funds in crypto, provided they averaged a market cap of at least $250 billion over the previous year and are held through exchange-traded products.

That threshold effectively narrows eligibility to Bitcoin, which soared past $111,000 on Wednesday and set a new all-time high amid renewed institutional interest.

Assets must be held through exchange-traded products issued by registered investment firms, ensuring regulatory oversight, according to HB 4510.

The next measure, House Bill 4511, introduced by Rep. Bryan Posthumus (R-MI), takes aim at the federal government’s push for central bank digital currencies.

The bill proposes a state-level ban on any licensing, taxation, or restriction of digital asset holdings, and outright prohibits state agencies from advocating for a U.S. CBDC.

“An agency or department of this state shall not advocate for or support... the testing, adoption, or implementation of a [CBDC],” the bill reads.

Meanwhile, Rep. Mike McFall (D-MI) introduced two companion bills, HB 4512 and HB 4513, focused on Bitcoin mining and tax reform.

One establishes a “Bitcoin Program,” allowing private firms to plug abandoned oil or gas wells in exchange for temporary rights to mine Bitcoin using residual fuel sources.

The other offers income and corporate tax deductions for revenue earned through such mining efforts, linking crypto directly to environmental remediation.

If passed, the program would be administered by the state’s Supervisor of Wells, who would maintain a public registry of eligible well sites, solicit annual bids, and ensure that participating miners carry financial responsibility for site restoration.

Michigan’s legislative push comes as several U.S. states race to either welcome or restrict crypto adoption.

Just hours earlier, the Texas House passed a bill to create a state-managed Bitcoin reserve, sending it to Governor Greg Abbott’s desk.

The bill would allow the state comptroller to invest in any digital asset with a market cap above $500 billion, currently only Bitcoin.

New Hampshire Governor Kelly Ayotte signed a similar bill into law earlier this month, making her state the first in the country to formally authorize crypto and precious metal investments for public funds.

@ Newshounds News™
Source:  Decrypt

~~~~~~~~~

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“Tidbits From TNT” Thursday Morning 5-22-2025

TNT:

Tishwash:  Iraq and France Discuss Boosting Economic Ties

Iraq's Minister of Trade, Dr. Atheer Daoud Al-Ghurairi, met on Tuesday with French Ambassador to Baghdad, Patrick Durel, to explore ways of enhancing bilateral cooperation, particularly in the economic and investment sectors.

Al-Ghurairi emphasised Iraq's commitment to creating an attractive investment environment and highlighted the country's promising opportunities across various sectors. He invited French companies to participate in a "Made in France" exhibition in Iraq and proposed a joint forum for Iraqi and French private sectors to present investment projects and explore partnerships.

The two officials also discussed strengthening cooperation in trade, agriculture, and healthcare.

Ambassador Durel praised Iraq's ongoing economic reforms aimed at improving the business climate. He formally invited Minister Al-Ghurairi to visit France to deepen coordination and expand areas of cooperation.

Both sides agreed to continue joint efforts to broaden business engagements and reinforce economic and commercial relations for the mutual benefit of the two countries.  link

Tishwash:  Minister of Environment: Carbon projects will provide additional income for Iraq and attract international investments.

Environment Minister Helo Al-Askari confirmed on Wednesday that carbon projects will provide additional income for Iraq and attract significant international investments.

“Iraq faces major environmental challenges, including rising temperatures, low rainfall, water scarcity, and declining water levels in rivers and water bodies. This has led to a significant decline in biodiversity and an increase in desertification, which has resulted in the displacement of a number of villagers and rural residents in some areas to other areas, which will cause future problems for the receiving regions in terms of social, political, environmental, and economic aspects,” the Minister of Environment said during the first international conference on carbon economics, which was followed by Al-Masry.

The Minister of Environment explained that "these factors have prompted the Iraqi government to pay attention to the environmental file and related issues. One of the most notable achievements of the government of Prime Minister Mohammed Shia al-Sudani is the establishment of the General Company for Carbon Economics within the Ministry of Environment." He indicated that "this company not only works to issue carbon bonds, but also seeks to implement environmental improvement projects to preserve Iraq's environment."

The Minister affirmed that “Iraq is witnessing an urban, political, economic and social renaissance, and the features of an environmental renaissance have begun to appear, in accordance with the Prime Minister’s directives to maximize and diversify the financial revenues of all ministries. Our ministry, through the efforts of all, has been able to establish the General Company for Carbon Economics and work with relevant national and international bodies to attract international companies to the country for investment, which will contribute to securing an additional source of income for Iraq.”

He pointed out that "the ministry has achieved a major accomplishment through the General Company for Carbon Economics, attracting the interest of international companies, including the global specialist company Olefin, which has pledged to invest £2 billion in the first phase of the project."  link

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

Tishwash:  Erbil International Fair: A Vital Platform for Attracting Investors

The 15th Erbil International Construction, Electricity, and Energy Exhibition is a key meeting point for investors and owners of industrial and commercial companies from inside and outside Iraq, reflecting the vitality of the industrial and commercial sector in the region and the country as a whole. The exhibition, which will run for several days, features more than 250 local, Arab, and foreign companies specializing in construction, equipment, and building materials, providing a great opportunity to exchange expertise and establish new partnerships that enhance investment opportunities and economic development.

The exhibition's general manager, Kuran Saad Abdullah, told Al-Sabah that the local government in the Kurdistan Region attaches great importance to the exhibition and is working in coordination with relevant government ministries and directorates to support its activities. The exhibition has attracted wide participation from 16 Arab and foreign countries, including 34 specialized Chinese companies, which reinforces the exhibition's importance as a regional and international center for trade and industry.

The exhibition provides an integrated platform that brings together specialists in the fields of infrastructure, housing, and various investment projects. Participating companies showcase the latest products, services, and advanced technologies that meet the demands of the local and regional markets.

Abdullah pointed out that the exhibition's activities include a global trade conference, which will include extensive discussions on opportunities and challenges in the industrial and investment sectors, with the attendance of senior government officials, diplomats, and relevant authorities.

He explained that entry to the exhibition is limited to companies, investors, and specialized visitors via a barcode system, and will be open from 10:00 a.m. to 7:00 p.m. The exhibition will continue until tomorrow, Friday, allowing those interested in building business relationships and strengthening their presence in the market.  link

Mot: and - Now You Know the Rest of the Story!!! 

Mot:  Sure Hopes We RV before someone Catches on !!!!  

Trump’s One Big Beautiful Bill and an IQD Update “The Quiet Phase”

Trump’s One Big Beautiful Bill and an IQD Update “The Quiet Phase”

589bull:   5-21-2025

Trump’s One Big Beautiful Bill isn’t just about tax cuts and immigration.

It’s the operational key to unlock a full financial realignment.

You’re watching:
– Iraq’s IQD revaluation prep
– XRP liquidity pathways being finalized
– VND quietly shifting positions
– Gold reserves recalculated
– The IRS phased out in favor of tariff-based funding
– CBDCs stalled to make room for asset-backed alternatives

This bill seals the border because sovereignty must come before value.

It ends tax slavery because the system is moving to external revenue (trade, not labor).

It restructures the federal beast because you can’t plug in the new rails until the old system is neutralized.

No bill = no legal trigger.
No legal trigger = no reset.

This vote is the mechanics for the RV.

And if it passes… Don’t be surprised when IQD pairs go live, XRP corridors ignite, and the fake fiat world starts getting priced out of existence.

This is it. Execution phase.

IQD Update – The Quiet Phase

A lot of people are asking: “Where did the signals go? Did we miss something?”

No. You’re watching exactly what a pre-reset holding pattern looks like.

Here’s what’s happening under the silence:
– Budget tables are locked
– KRG salaries are unified
– $64B in foreign capital secured
– Arab League alignment complete
– Oil contracts being centralized by Baghdad
– Exchange rate chatter hasn’t been denied

This is a strategic blackout before a shift.

We’re past the noise phase. Now it’s timing, execution, and positioning.

The reset doesn’t warn you…

Hold the line.

Source(s):
https://x.com/589bull10000/status/1925199408108274041
https://x.com/589bull10000/status/1925230873646870787

https://dinarchronicles.com/2025/05/21/589bull-trumps-one-big-beautiful-bill-and-an-iqd-update-the-quiet-phase/

Iraq Economic News And Points To Ponder Wednesday Afternoon 5-21-25

Iraq Facing Economic Challenges: IMF's Vision for 2025?

Bassam Raad  The International Monetary Fund (IMF) issued a concluding statement on May 15, 2025, addressing the economic situation in Iraq, highlighting the economic challenges facing the country and presenting a roadmap for urgent reforms aimed at achieving financial stability.

Current Economic Challenges: The Iraqi economy faces complex challenges ranging from slowing global growth, Trump's trade wars, accelerating global inflation, and declining oil prices, the primary source of revenue. Expansion in government spending (employment sector) is also widening the fiscal deficit and exacerbating the risk of reliance on oil as the primary source of revenue.

The challenges are not limited to public finances alone, but also include deteriorating infrastructure, a weak private sector, and a lack of investment in non-oil sectors. This is in addition to the fiscal deficit rising to 4.2% of GDP and a significant decline in the current account surplus.

This decline is a critical indicator that must be carefully considered, given that the current account is an important indicator of the health of the country's overall economy.

Outlook for 2025: The Fund expects economic growth to remain weak this year, with non-oil GDP slowing to 1%. The current account is also expected to deteriorate further, impacting foreign exchange reserves, which reached $100 billion at the end of 2024, covering more than a month of imports.

The future of the Iraqi economy: The International Monetary Fund believes that the future of the Iraqi economy depends largely on the government's ability to implement structural and financial reforms. Iraq possesses significant potential for economic growth, but realizing this potential requires taking concrete steps to implement a set of reforms proposed by the Fund.

The IMF statement emphasized the importance of cooperation between the Iraqi government and the IMF to implement these proposed reforms, which would contribute to improving the country's economic conditions.

 In conclusion, the IMF's vision is not merely recommendations, but rather an opportunity to redirect the Iraqi economy toward sustainability through strategic planning and effective implementation of the proposed economic and financial reforms.  https://economy-news.net/content.php?id=55676

 Stock Exchange  Economy News – Baghdad  The Exchange Rate Of The US Dollar Rose Against The Iraqi Dinar, This Wednesday Morning, In Baghdad Markets.

The dollar exchange rate rose on Baghdad's two main stock exchanges, Al-Kifah and Al-Harithiya, to 142,700 dinars per $100. On Tuesday, it reached 142,450 dinars per $100.

Selling prices at exchange offices in Baghdad's local markets rose, reaching 143,750 dinars for $100, and 141,750 dinars for $100.   https://economy-news.net/content.php?id=55670

The Permanent Council For Private Sector Development Is Examining Mechanisms To Enhance Its Role In The Iraqi Economy

Wednesday, May 21, 2025, 10:58 PM | Economic Number of reads: 149  Baghdad / NINA / The Permanent Council for Private Sector Development held its second consultative session on Wednesday evening at the Ministry of Planning. To discuss and follow up on the recommendations arising from the first meeting of the Council, including its working mechanisms and pivotal role in serving development in the country.

The Second Deputy of the Council, Abdullah Saleh Al-Jubouri, said that this is the second session, which is very important to establish work mechanisms and define the role of the Council by involving the Ministerial Council for Economy and the Council of Ministers and Representatives in correcting, amending and arranging everything related to the private sector in all its sectors, which represent (19) important sectors and include all economic activities carried out by the state.

Al-Jubouri stressed the need to develop the role of the private sector to lift a large burden off the shoulders of the rentier state, by having the private sector assume the responsibility of managing the wheel of the Iraqi economy at the present time to get out of the circle of the rentier state and seek to provide great job opportunities for various segments of society to achieve the development of the country.

For his part, the Prime Minister's Advisor, Dr. Hamoudi Abbas Al-Lami, explained: This session came to discuss issues related to the private sector and work on formulating and crystallizing them in order to present them to the Prime Minister.

Thus, transforming them into decisions that support this sector, which represents the solution to all problems, including providing job opportunities and addressing financial problems resulting from fluctuating oil prices and other issues that all countries are experiencing as a result of military and political developments and regional conflicts.

For his part, the Director General of the Department of Economic and Financial Policies at the Ministry of Planning, Dr. Sabah Jundi Mansour, indicated that the Council represents a vital platform for strengthening partnerships between the public and private sectors. He stressed that this partnership is an urgent necessity to drive sustainable economic development in Iraq and open new horizons for investment.

He stressed the need for our recommendations and decisions to be implementable and serve the country's development goals, thus promoting and developing the private sector.

The session, which was attended by the Secretary-General of the Council, Muhammad Al-Har, witnessed the participants presenting specialized sectoral papers that addressed the challenges and opportunities for developing the private sector in various fields, praising the role of the Ministry of Planning, its great support for the private sector, and its efforts to provide the best conditions for the Council's work. /End
https://ninanews.com/Website/News/Details?key=1228324

Minister Of Finance: Restructuring Government Banks Represents A Pivotal Step Toward Developing The Banking Sector

Economy | 05/21/2025  Mawazine News – Baghdad  Finance Minister Taif Sami affirmed on Wednesday that the restructuring of government banks represents a pivotal step towards developing the banking sector.

A statement from the ministry received by Mawazine News stated: “Minister of Finance Taif Sami chaired today a joint meeting of the administrations of Rafidain and Rashid Banks and representatives of Ernst & Young Consulting to follow up on the implementation stages of the government banks restructuring project.” The statement added that “the meeting discussed the progress made in reviewing and updating the internal regulations of the two banks in line with governance requirements, in addition to assessing the status of the banks’ foreign branches and ways to develop them and link them to the central administration.”

The statement explained that “the meeting also addressed updating data on credits, deposits, and clean assets, and implementing the comprehensive banking system in an increasing number of branches, in addition to reviewing plans to increase the capital of the two banks, studying the reality of investments, and assessing their financial feasibility.”

It continued, “The meeting also touched on following up on the legal aspects related to the restructuring process and the proposed amendments to the internal regulations to ensure their consistency with applicable banking laws and regulations.”

According to the statement, the minister stressed "the need to accelerate the pace of work and implement requirements according to the specified timetables," noting that "the restructuring of government banks represents a pivotal step toward developing the banking sector and raising its efficiency."

Sami called for "continued coordination between the two banks and the consulting body to ensure the completion of the requirements for institutional and administrative transformation."

https://www.mawazin.net/Details.aspx?jimare=261775

The Central Bank Reveals The Amount Of Its Financing For Clean Energy Projects

Banks   Economy News – Baghdad   The Central Bank of Iraq announced on Wednesday that it has begun granting banking licenses to support climate change, preserve the environment, and finance green projects. It also announced a donation of half a billion dinars to each brick factory to transition to clean energy, and 350 billion dinars to the urban afforestation initiative.

"Central banks are playing an increasing role today in supporting environmental improvement and developing the green economy as part of a global trend toward sustainability and addressing climate challenges," said Ali Al-Alaq, the bank's governor, during the first international conference on carbon economics in Iraq, as monitored by Al-Eqtisad News.

"In recent years, this trend has expanded significantly to include environmental and climate issues due to their impact on the macroeconomy and financial stability."

He added, "Our monetary policy is based on encouraging green financing, providing favorable financing terms for environmental projects, encouraging banks and financial institutions to disclose the discovery of these climate risks and ways to manage them, cooperating with other central banks through networks such as the Financial System Network to exchange knowledge and unify efforts, and integrating environmental risks into the banking sector and measuring their impact."

Al-Alaq continued, "I would like to highlight a number of initiatives undertaken by the Central Bank of Iraq as part of a series of innovative solutions and measures that contribute to mitigating immediate environmental challenges.

These include the Central Bank's presentation, in cooperation with the Higher Committee for Lending in the Council of Ministers, of a one-trillion-dinar initiative to shift from the use of traditional energy sources to renewable energy and reduce carbon emissions to achieve sustainable development."

He pointed out that "the loans granted to environmentally and sustainable projects under this initiative relate to waste recycling. These projects have already been funded, including the management of the palm cultivation project, the Abu Ghar fields in the Samawah desert, and the Green House project."

Al-Alaq explained, "We at the Central Bank have also worked in cooperation with the World Bank to develop a green financing model and adopt it as part of our approved financial sustainability roadmap for the years 2023-2029.

One of its outcomes is the development of a sustainable financing roadmap for managing environmental, social, and governance risks. By implementing these rules and practices, the banking sector will be the first to implement them to ensure that its activities do not harm the environment."

He added, "We have also begun granting specialized banking licenses to support climate action and environmental conservation through financing green projects, and work is underway to integrate these banks into the Iraqi banking ecosystem soon."

He announced that "the Central Bank of Iraq has implemented important projects, including the rehabilitation of brick factories to convert from polluting fuels, such as black oil, to clean fuels, such as liquid gas, to reduce carbon emissions, as these factories constitute a major source of environmental pollution, especially in the capital, Baghdad. We have allocated 500 million dinars for each factory that converts from polluting fuels to clean fuels."

Al-Alaq affirmed, "We also provided support to the Environmental Improvement Fund to combat air pollution, with an amount of one billion dinars, to contribute to the spread of green spaces and reduce polluting emissions.

The Central Bank also financed waste recycling projects within the framework of the Energy Initiative. Work is currently underway within these frameworks and procedures to help reduce soil pollution, especially in sanitary landfill areas, which represent a future environmental risk that will impact the type and quality of soil in housing, agricultural, and other projects."

The Central Bank Governor said, "We have also worked to finance various small agricultural projects within the framework of this bank's initiative, under the 'Afaq' programme, in partnership with the International Labour Organisation, the Iraqi Guarantee Company and private banks.

This funding amounted to approximately three billion dinars, specifically for forcibly displaced communities in the governorates of Nineveh and Dohuk."

He concluded by saying, "We would also like to point out that the Central Bank has donated and contributed approximately 350 billion dinars to the urban afforestation initiative, which contributes to developing the entrances to the governorates with green belts that act as barriers to dust and environmental pollutants and reduce desertification. We hereby declare our full readiness to provide further support in this regard."   https://economy-news.net/content.php?id=55674

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

Rich Dad Poor Dad Author Warns ‘The End Is Here’

Rich Dad Poor Dad Author Warns ‘The End Is Here’

Anushka Basu  Wed, May 21, 2025

Robert Kiyosaki, author of Rich Dad Poor Dad, posted an alarming warning on X on May 21, saying that "the end is here" after a U.S. Treasury bond auction that he said failed.

Kiyosaki has been a big proponent of Bitcoin, which is only 2.22% away from reaching its all-time high, now trading at $106,663.73, as per Kraken's price page.

Robert Kiyosaki  

@theRealKiyosaki

THE END is HERE: WHAT if you threw a party and no one showed up? That is what happened yesterday. The Fed held an auction for US Bonds and no one showed up. So the Fed quietly bought $50 billion of its own fake money with fake money. The party is over. Hyperinflation is here. Millions, young and old to be wiped out financially. Good news. Gold will go to $25,000. Silver to $70. Bitcoin to $500 k to $ 1 million. “The Big Print” the title of Larry Lepards latest book is on. Please read it. THE END I have been warning the world about is HERE. May GOd have mercy on our souls. 6:48 AM · May 21, 2025 ·976.5K  Views    https://finance.yahoo.com/news/rich-dad-poor-dad-author-155007276.html

Kiyosaki said the Federal Reserve was forced to buy $50 billion in bonds, which he called "fake money to buy fake money." On May 20, the Federal Reserve put out a $60 million auction claim, which will be issued on May 27, as per the Treasury offering news.

Kiyosaki, in his typically blunt style, warned that this action is the beginning of hyperinflation, leading to a financial collapse that will decimate millions. "The party is over," he wrote, adding that both young and old will be "wiped out financially."

However, Kiyosaki gave some hope to owners of hard assets, estimating that Bitcoin would soar to between $500,000 and $1 million, gold would hit $25,000, and silver would hit $70.

TO READ MORE: https://finance.yahoo.com/news/rich-dad-poor-dad-author-155007276.html

Final Melt-Up to S&P 8000 - Then an 80 % Crash

David Hunter WARNS: Final Melt-Up to S&P 8000 - Then an 80 % Crash

Wealthion:  5-21-2025

Contrarian macro strategist David Hunter delivers his boldest outlook yet: a final parabolic melt-up in stocks during 2025, capping a 43-year secular bull market, followed by what he calls the biggest deflationary bust since 1929.

In this must-watch interview with James Connor, Hunter predicts the S&P 500 surging to 8000 and the Dow to 55,000 before an 80 % collapse wipes out trillions.

Key points he explains:

Why the Fed is already behind the curve and will soon panic-cut rates

How bearish institutional positioning could fuel the melt-up

Signs we may already be in a recession

Why the coming global bust could dwarf 2008

How a $20 trillion Fed balance-sheet expansion could spark hyperinflation later in the 2030s

Why the next bull market should favor commodities, oil, and precious metals over tech

Also discussed: his targets of $ 20,000 gold, $500 silver, $500 oil, and why traditional index investing may be “dead money” for a generation.

Chapters:

1:12 - Buy the Bounce or Sell the Surge?

3:27 - What Could Propel the S&P to 8 000?

6:31 - Can Markets Soar While the Economy Sinks?

8:40 - Is the Fed Already Behind the Curve?

 11:19 - How Severe Could the Coming Slowdown Be?

16:41 - The Two-Speed Economy: Haves vs Have-Nots

20:47 - Will Unemployment Hit Double Digits?

28:14 - Could GDP Plunge Like 1932 Again?

35:08 - Canada’s Real-Estate Risk & Global Fallout

40:47 - Bubble Fever: Speculation on Steroids

49:47 - The Biggest “If” in Hunter’s Forecast

52:01 - Haircut Inflation & the Commodity Supercycle

 55:05 - Can You Outsmart a Deflationary Bust?

https://www.youtube.com/watch?v=vQS844n8nC4