News, Rumors and Opinions Thursday 5-29-2025
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. 29 May 2025
Compiled Thurs. 29 May 2025 12:01 am EST by Judy Byington
Possible Timing:
March 2020 the U.S. government nationalized the Fed — stripping it of independence and turning it into a tool of the Executive Branch. Using Special Purpose Vehicles (SPVs), the Treasury engineered a shell system that forced the Fed to act ONLY under Treasury authority. The Fed couldn’t fund or activate liquidity operations without Mnuchin’s green light. Translation: The Fed was no longer in charge. The money printer answered to the White House.
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. 29 May 2025
Compiled Thurs. 29 May 2025 12:01 am EST by Judy Byington
Possible Timing:
March 2020 the U.S. government nationalized the Fed — stripping it of independence and turning it into a tool of the Executive Branch. Using Special Purpose Vehicles (SPVs), the Treasury engineered a shell system that forced the Fed to act ONLY under Treasury authority. The Fed couldn’t fund or activate liquidity operations without Mnuchin’s green light. Translation: The Fed was no longer in charge. The money printer answered to the White House.
Mon. 26 May 2025: With the Fed under control of the US Treasury, the IRS dismantled and the Gold Standard in effect, the Quantum Financial System (QFS) officially went online with all bank accounts mirrored onto the system — tracking every transaction in real time, secured by Space Force and protected by military-grade blockchain.
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EBS
Major Public Announcement At Any Moment
Alert: Scheduled Broadcasts and Official Statements. All signs point to a major public announcement at any moment. Government and media sources hint at coordinated Emergency Broadcast System tests and press briefings this week.
Expect official statements from financial authorities confirming the reset, possibly unveiling new currency rates or debt-cancellation policies. Be ready: when the signal goes out, millions will see proof of the new system.
Imminent signs:
EBS Testing: Encrypted test alerts have already been reported in several regions. A full-scale broadcast to all networks may occur tonight or tomorrow to confirm the launch.
Authority Statements: Central bank governors and financial ministers are on standby to speak publicly. Briefings will emphasize transparency, sovereignty, and the end of financial tyranny.
System Status: Technical monitoring dashboards are green across the board. I’ve confirmed that core QFS servers are handling simulated transaction loads flawlessly with no errors.
Market Readiness: Even traditional financial markets are adjusting: stock exchanges and currency platforms are poised to switch to the new asset-backed basis. New exchange rates may be published within hours.
The pieces are in place for history to unfold. Prepare to witness the global reset. Keep your notifications on, and when alerts arrive, follow the provided steps immediately. Trust the process — our era of true economic freedom is here.
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Global Financial Crisis:
Read full post here: https://dinarchronicles.com/2025/05/29/restored-republic-via-a-gcr-update-as-of-may-29-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani met today with the board of directors from the CBI. All the banks were there too. Now in front of everybody he replaced some of the board of directors that were not on board with the new digital system... FRANK: Sudani just fired a bunch of [CBI] board of directors and replaced them with those that want to have the monetary reform...
MilitiaMan We have not seen the 2023/24 budget schedules yet and they're not going to see those in the parliament until, I believe, they expose an exchange rate. That's where we're at.
Paulette I am hopeful that perhaps the 1390 [Market Rate] target is to enact the Delete the Zeros project (RD/RV) resulting in an annihilation of the Market Rate. This would then result in Article 8 obligation compliance in order to get to the RI stage. This would be congruent with the 2009 MOP/MOF report of "initially a rate of 1.14-1.18 and held there for a period" ....prior to "restoring the true rate of 3.208." I sure hope we are close.
COMEX Gold Deliveries Hit New Record | Andy Schectman
Liberty and Finance: 5-28-2025
Tune in for a special conversation with Andy Schectman, head of Miles Franklin, as he unpacks the significance of a bold new law enacted by Governor Ron DeSantis that initiates the path toward recognizing gold and silver as official currency in Florida.
Andy will also walk through how the May contract on the COMEX saw its largest delivery ever, and what that could mean for the future of precious metals.
Seeds of Wisdom RV and Economic Updates Thursday Morning 5-29-25
Good Morning Dinar Recaps,
U.S. Department of Labor Reverses 2022 Guidance That Blocked Digital Assets From 401(k) Plans
The U.S. Department of Labor (DOL) is scrapping a mandate in its 2022 guidance that prevented digital assets from being included in 401(k) retirement plans.
In a new press release, the DOL says it’s rolling back its 2022 compliance release, which previously instructed institutions to forgo using crypto assets as options for 401(k) plans.
Good Morning Dinar Recaps,
U.S. Department of Labor Reverses 2022 Guidance That Blocked Digital Assets From 401(k) Plans
The U.S. Department of Labor (DOL) is scrapping a mandate in its 2022 guidance that prevented digital assets from being included in 401(k) retirement plans.
In a new press release, the DOL says it’s rolling back its 2022 compliance release, which previously instructed institutions to forgo using crypto assets as options for 401(k) plans.
In 2022, the DOL warned fiduciaries to use "extreme care" before offering digital assets as options for retirement plans, language that was considered unusual at the time as the agency historically has taken a neutral approach toward the subject, according to the press release.
According to U.S. Secretary of Labor Lori Chavez-DeRemer, the DOL is rolling back the government overreach created by the Biden Administration.
Says Chavez-DeRemer,
"The Biden administration’s department of labor made a choice to put their thumb on the scale. We’re rolling back this overreach and making it clear that investment decisions should be made by fiduciaries, not D.C. bureaucrats."
The DOL says it’s neither endorsing nor disapproving of employers who choose to include crypto assets and notes that its reasoning extends to other crypto-related products, such as derivatives.
Previously, the DOL said it had "serious concerns" about people’s retirement funds being tied up in crypto due to "significant risks of fraud, theft, and loss."
@ Newshounds News™
Source: DailyHodl
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Russia Allows Banks to Offer Crypto Products to Accredited Investors
Russian banks have started rolling out crypto investment products tied to the price of Bitcoin following a greenlight from the central bank.
The Bank of Russia has permitted financial institutions to offer certain cryptocurrency-based financial instruments to accredited investors.
Russian banks are now free to provide qualified investors with a range of crypto products, including crypto derivatives, securities, and other digital financial assets tied to crypto prices, the central bank announced on May 28.
A key stipulation, however, is that these products must not involve the "actual delivery of cryptocurrencies," the Bank of Russia emphasized.
The announcement came alongside the Bank of Russia reporting a 51% increase in crypto asset inflows by Russian residents in the first quarter of 2025, totaling 7.3 trillion rubles ($81.5 billion).
T-Bank Among the First to Offer Bitcoin Investment Products
Some major Russian banks started rolling out cryptocurrency investment products immediately following the Bank of Russia’s announcement.
T-Bank (formerly Tinkoff Bank), one of the largest commercial banks in Russia, announced on May 29 the offering of digital financial assets (DFA) tied to Bitcoin.
“The tool allows you to invest in cryptocurrency in rubles through a familiar application — safely and within the legal framework of the Russian Federation, without opening an account on a crypto exchange and difficulties with protecting your wallet,” the bank said.
T-Bank’s new “smart asset” offering is issued through the Russian state-backed tokenization platform Atomyze and is available exclusively to accredited investors.
Direct Crypto Investments Still Not Encouraged
While greenlighting local lenders to offer crypto products, the Russian central bank still maintains a restrictive approach regarding direct cryptocurrency investment.
“The Bank of Russia still does not recommend financial institutions and their clients to invest directly in cryptocurrencies,” the Bank of Russia said in a statement.
The central bank also noted the ongoing government discussions on the potential launch of an experimental regime that would allow certain investors to trade crypto assets like Bitcoin directly.
Russia’s Estimated CEX Holdings Are at $9.2 Billion
In its latest financial stability review, the Bank of Russia estimated Russians’ crypto holdings on centralized exchanges (CEXs) at 827 billion rubles ($9.2 billion).
According to the authority, Bitcoin is leading Russians’ CEX holdings with a 62% share, with Ether (ETH) following at 22%. Stablecoins like Tether (USDT) and Circle’s USDC ranked third with a share of 15.9%.
Some local crypto enthusiasts observed that the actual figure of cryptocurrency held by Russians is significantly bigger than the estimated CEX holdings reported by the Bank of Russia.
“I know that [Pavel] Durov and [Alexey] Bilyuchenko alone have more money in their wallets than this amount,” Sergey Mendeleev, founder of the digital settlement exchange Exved, wrote on his Telegram channel. He hinted that Russians hold much bigger crypto amounts in wallets and decentralized exchanges.
@ Newshounds News™
Source: Cointelegraph
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10 Sources Of Emergency Cash, Ranked From Best To Worst
10 Sources Of Emergency Cash, Ranked From Best To Worst
Christine Benz of Morningstar Tue, May 27, 2025
If unanticipated expenses exceed your emergency fund, here’s a look at where to go next.
1. Your Own Emergency Fund/Short-Term Securities
Emergency funds should be held outside of tax-sheltered wrappers and include highly liquid investments like bank savings accounts, money market accounts, and so on.
2. Low-Risk Assets In Taxable Account
Next, look at other taxable holdings: investments in brokerage accounts, outside the confines of tax-sheltered vehicles.
10 Sources Of Emergency Cash, Ranked From Best To Worst
Christine Benz of Morningstar Tue, May 27, 2025
If unanticipated expenses exceed your emergency fund, here’s a look at where to go next.
1. Your Own Emergency Fund/Short-Term Securities
Emergency funds should be held outside of tax-sheltered wrappers and include highly liquid investments like bank savings accounts, money market accounts, and so on.
2. Low-Risk Assets In Taxable Account
Next, look at other taxable holdings: investments in brokerage accounts, outside the confines of tax-sheltered vehicles.
When identifying possible securities that you could sell to raise funds, focus on liquidity, tax consequences, and any commissions you’ll owe.
3. Roth IRA Contributions
It’s never great to tap your retirement assets unless you absolutely need to, but the Roth IRA offers more flexibility and has fewer strings attached than other tax-sheltered retirement vehicles.
Specifically, you can withdraw any Roth IRA contributions at any time, without incurring penalties or tax—but you’ll have fewer retirement funds working for you.
4. Life Insurance Cash Values
Cash values that have built up in your whole life insurance or variable universal life insurance policy can be another decent source of emergency cash. You can withdraw money outright and have it deducted from your policy’s face value.
Another possibility is to borrow from the cash value of your life insurance. You’ll owe interest on the loan, and these rates can be reasonable but aren’t always low.
5. 401(K) Loan
A 401(k) loan is better than a hardship withdrawal because the interest you pay will get paid back into your account.
On the downside, borrowing from your 401(k) plan short shrifts your retirement savings. Not only will you have less money working for you in the market, but having to pay the loan back with interest also means you’re less likely to be able to make new contributions.
TO READ MORE: https://finance.yahoo.com/news/10-sources-emergency-cash-ranked-183036150.html
“Tidbits From TNT” Thursday Morning 5-29-2025
TNT:
Tishwash: American company Starlink confirms its readiness to operate in Iraq: We will contribute to the digital transformation.
American company SpaceX "Starlink" confirmed on Wednesday its readiness to operate in Iraq and contribute to the digital transformation and its applications for public and private sector institutions.
The Prime Minister's Office stated in a statement received by ( IQ ), "Prime Minister Mohammed Shia Al-Sudani received, today, Wednesday, a delegation from SpaceX (Starlink), an American company specializing in network, information and communications technology. During the meeting, aspects of cooperation in the field of communications and services provided by the company, and its coverage areas, were reviewed."
TNT:
Tishwash: American company Starlink confirms its readiness to operate in Iraq: We will contribute to the digital transformation.
American company SpaceX "Starlink" confirmed on Wednesday its readiness to operate in Iraq and contribute to the digital transformation and its applications for public and private sector institutions.
The Prime Minister's Office stated in a statement received by ( IQ ), "Prime Minister Mohammed Shia Al-Sudani received, today, Wednesday, a delegation from SpaceX (Starlink), an American company specializing in network, information and communications technology. During the meeting, aspects of cooperation in the field of communications and services provided by the company, and its coverage areas, were reviewed."
During the meeting, Al-Sudani emphasized that "Iraq today boasts many promising investment opportunities, given the rapid growth and urban and service expansion it is witnessing," noting "the importance of the strategic relationship with the United States within the framework agreement and other bilateral memoranda of understanding, which extend to various economic, scientific, and developmental fields."
Al-Sudani directed the relevant authorities to "study ways to facilitate SpaceX (Starlink)'s work and expedite the necessary measures," expressing his welcome for major technology companies, particularly American ones, to operate in Iraq and the possibility of their cooperation with the Iraqi private sector, within the government's vision for digital transformation measures.
For its part, the company's delegation affirmed its readiness to operate in Iraq, provide services, and cooperate in the Iraqi market. It explained that Starlink's services will contribute to digital transformation and its applications for public and private sector institutions, develop communications, and achieve economic prosperity within the framework of bilateral cooperation between Iraq and the United States link
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Tishwash: Will international agencies raise Iraq's credit rating soon?
British report points to Baghdad's financial and administrative reforms as possible reasons for the expected move.
The report indicates a significant improvement in the level of financial transparency through the issuance of annual public reports on public revenues and expenditures,
Iraq is moving toward a new economic phase aimed at improving its credit rating with international institutions through a series of financial and administrative reforms and a significant increase in foreign direct investment.
A new report issued by the London-based Global Center for Development Studies finds that the Iraqi government , led by Prime Minister Mohammed Shia al-Sudani, succeeded in attracting foreign investment exceeding $87 billion in 2024, with expectations of this amount rising to between $120 and $150 billion by 2029, in vital sectors including energy, petrochemicals, agriculture, and religious tourism.
Reforms to boost international confidence
The British report identified clear trends in Iraqi economic policy aimed at diversifying sources of income away from oil, strengthening financial governance, combating corruption, and increasing the independence of the Central Bank and improving monetary policy management. This has been reflected in declining inflation rates and a stable dinar exchange rate.
Iraq faces significant economic challenges due to fluctuating oil prices, rising spending, a worsening fiscal deficit, and exchange rate instability.
he report points to significant improvements in financial transparency through the issuance of public annual reports on public revenues and expenditures, and the updating of more than 200 laws over two years, enhancing the business climate and limiting the penetration of corruption networks into the state's institutions.
Cooperation with international institutions
According to the report, Iraq is in the process of signing consulting agreements with two international companies. One will provide technical support to the Commercial Bank of Iraq in compliance with international financial standards, while the other will manage a public relations campaign aimed at improving Iraq's economic image and enhancing its chances of obtaining a better credit rating from international rating agencies such as Standard & Poor's, Moody's, and Fitch.
The report indicated that Iraq's agricultural sector recorded a growth of approximately 15 percent in wheat production over the past three years, while the petrochemical sector achieved a rise of approximately 10 percent in 2023. Religious tourism, meanwhile, recorded a significant increase in exports, with the number of foreign visitors exceeding 20 percent, making it a promising sector for diversifying national income sources.
Although Iraq's rating remains at a low level of B- by Standard & Poor's and Fitch, and Caa1 by Moody's, its high foreign exchange reserves, ongoing reforms, and improved transparency indicators are all positive factors that could contribute to a rating upgrade in the near future, according to the report. link
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Tishwash: Al-Sudani: Iraq has returned to leading the Arab world, and we held meetings between Iran and three Arab countries.
Prime Minister Mohammed Shia al-Sudani said that his government held dialogue sessions between Iran and three Arab countries, stressing that the new Iraq will not accept being subservient to anyone.
In an interview with the Egyptian newspaper Al-Ahram, followed by Mail, Al-Sudani said, "We preferred to be a bridge for dialogue, not an arena for settling scores." He explained, "We held meetings between Saudi Arabia, Iran, Jordan, Tehran, Egypt, and Iran."
He added, "We remember Iran for standing with us in the 2014 war against ISIS," noting that "what distinguishes Iraqis is their pride in their country, self-respect, and dignity, which do not allow them to be a prisoner or subservient to anyone."
He continued, "We only want Syria to implement the agreements, maintain a unified and stable Syria, and confront terrorism." He emphasized, "We have closed the gaps through which Iraq's enemies were infiltrating, and we have succeeded in achieving accomplishments on the ground that have restored confidence to the citizen."
He pointed out that "corruption was widespread, and efforts are being made to achieve progress, and citizens feel confident," explaining that "the government's performance has sparked interest among young people and new generations in the importance of participating in the elections."
He continued, "We not only completed the infrastructure, and our efforts were not limited to construction and reconstruction alone, but we also built an information infrastructure," noting that "Iraq has resumed its role in leading the Arab world."
He stated that "the new Iraq does not accept being subservient to anyone," stressing that "Iraq is strong and stable link
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MilitiaMan and Crew: Iraq Dinar Update-Combating Money Laundering- Conference-Revaluation-Critical Component-Commitment
MilitiaMan and Crew: Iraq Dinar Update-Combating Money Laundering- Conference-Revaluation-Critical Component-Commitment
5-28-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan and Crew: Iraq Dinar Update-Combating Money Laundering- Conference-Revaluation-Critical Component-Commitment
5-28-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraq Economic News And Points To Ponder Wednesday Afternoon 5-28-25
Union Of Arab Banks: We Support Iraqi Banking Institutions Within International Laws
Wednesday, May 28, 2025, | Economic Number of reads: 251 Baghdad / NINA / The Union of Arab Banks affirmed that supporting Iraqi banking institutions is a top priority through developing strategies or facilitating dialogue with international partners, within the framework of applicable international laws and regulations.
Union Of Arab Banks: We Support Iraqi Banking Institutions Within International Laws
Wednesday, May 28, 2025, | Economic Number of reads: 251 Baghdad / NINA / The Union of Arab Banks affirmed that supporting Iraqi banking institutions is a top priority through developing strategies or facilitating dialogue with international partners, within the framework of applicable international laws and regulations.
Secretary General of the Union of Arab Banks, Wissam Fattouh, said during the Anti-Money Laundering and Combating the Financing of Terrorism Conference, which kicked off today, Wednesday, in the capital, Baghdad, "Combating money laundering and terrorist financing has become, in recent years, a top priority, along with combating corruption, at the heart of the global agenda and has become one of the main indicators of the credibility of financial institutions and their countries before the international community and international banks."
He added, "The Arab region faces complex challenges, some of which result from political and security tensions, and some of which are related to the regulatory and technical level in a number of banking sectors. Matters are further complicated by the strict and inflexible application of digital standards by international bodies towards banks, regardless of the specificities or circumstances of some countries."
Fattouh stressed that "the battle for compliance is not just a technical issue, but rather a sovereign, institutional, and economic issue all at once, because failure to comply threatens our relationship with international banks, limits our ability to carry out transfers, imports, and exports, and directly impacts investment flows, aid, and trade cooperation."
He pointed to the urgent need for joint Arab action, particularly strengthening ties of joint cooperation between Iraqi banks operating in a complex political and economic environment, and the Union of Arab Banks.
He emphasized the importance of strategic partnerships to develop Iraqi banking and raise Iraq's voice in international forums, when we are ready to do so.
Fattouh emphasized the importance of working to integrate financial technology into internal control systems, including the use of artificial intelligence in compliance and risk assessment, noting the need to instill a culture of compliance at all levels, from board members to front-line employees.
He added, "The challenges we face today are a call for cooperation, reprioritization, and continuous work on banking reform." https://ninanews.com/Website/News/Details?key=1229559
Chairman Of The Finance Committee: The Integration Of Iraqi Banks Into The International System Is A National Necessity.
Banks Economy News – Baghdad Parliamentary Finance Committee Chairman Atwan Al-Atwani stressed on Wednesday that compliance with international standards and banks' integration into the international system is a national necessity to protect the financial system and a prerequisite for developing the banking environment.
During his speech at the second session of the Anti-Money Laundering and Combating the Financing of Terrorism Conference, which was attended by Al-Eqtisad News, Al-Atwani said, "At the outset, I would like to express my welcome to the convening of this distinguished conference, which comes at a very important time, given the fundamental transformations and increasing challenges that the financial and banking sector is witnessing at the local, regional and international levels.
These challenges require the highest levels of coordination and cooperation from all of us, legislative, executive and oversight institutions.
" He added, "International regulatory obligations imposed on financial institutions, particularly those related to combating money laundering and terrorist financing, have become among the most prominent requirements that affect the nature of the relationship between local banks and their global counterparts.
Meeting these requirements is a prerequisite for developing a safe and stable banking environment capable of interacting positively with the global financial system."
He continued, "Iraq's engagement, represented by its national banks, in this international regulatory environment is not an option, but rather a national necessity to protect the financial system from cross-border risks and to ensure the continued flow of investments and capital, which directly contributes to supporting economic and social development efforts and enhancing confidence in the national economy."
In his speech, Al-Atwani noted, "Iraq has made significant strides in this direction over the past few years. The Iraqi banking system has witnessed major developments, including the modernization of the legal and regulatory structure, the issuance of compliance instructions, tightening oversight, and the development of qualified banking cadres capable of dealing with these changes."
He added, "We have witnessed the Central Bank of Iraq's commitment to adopting an approach to reform and development by imposing precise and updated instructions in line with international best practices, in addition to its relentless pursuit of enhancing transparency and strengthening the system for combating money laundering and terrorist financing."
He continued, "Despite these commendable efforts, challenges remain, especially in light of growing regulatory complexities and the increasing requirements of correspondent banks, along with their precise and changing conditions.
Here, the need for the concerted efforts of all stakeholders, from banks, regulatory, legislative, and security bodies, to confront these challenges with high responsibility and professionalism is growing."
He noted in his remarks, "Hence the importance of this conference, which constitutes an important platform for exchanging expertise, reviewing the latest developments in international legislation, and highlighting the experiences of other countries in this field, particularly with regard to modern compliance techniques, best practices in internal control, and risk management."
He added, "We also affirm, from our position in the Parliamentary Finance Committee, our full support for all efforts aimed at developing the Iraqi banking sector, and our keenness to follow up on the legislation required to enhance Iraq's compliance with international standards, while emphasizing the need to balance strict compliance with achieving economic growth goals, supporting the private sector, and facilitating investment." https://economy-news.net/content.php?id=55942
Despite Global Increases, Basra Heavy And Medium Crude Prices Decline.
economy | 09:46 - 05/28/2025 Mawazine News - Baghdad - Basra Heavy and Basra Medium crude prices fell on Wednesday, despite the rise in global oil markets.
Basra Heavy crude prices fell 40 cents, or 65%, to $61.60, while Basra Medium crude prices fell 40 cents, or 62%, to $64.10.
Oil prices rose after the United States banned Chevron from exporting crude from Venezuela under a new license, increasing the possibility of supply shortages. Brent crude rose to $64.56 a barrel, and US West Texas Intermediate crude also rose to $61.38 a barrel. https://www.mawazin.net/Details.aspx?jimare=261976
Gold Prices Rise Globally
Economy | 10:20 - 05/28/2025 Mawazine News - Follow-up Gold prices rose on Wednesday as investors bought, but easing trade tensions between the United States and the European Union limited gains, while the market awaited the US core personal consumption expenditures report for clues on interest rates.
Spot gold rose 0.3% to $3,308.99 an ounce, recovering slightly from a 1% decline in the previous session, according to Reuters. US gold futures rose 0.2% to $3,308.30.
US President Donald Trump backed down from his threat to impose 50% tariffs on the European Union, postponing their implementation until July 9 to allow time for negotiations between the White House and the 27-nation bloc. https://www.mawazin.net/Details.aspx?jimare=261978
Again... The Dollar Price Drops In Baghdad.
Economy | 05/28/2025 Mawazine News – Baghdad - The dollar exchange rate against the dinar declined in Baghdad with the closing of the stock exchange. The selling price reached 140,000 dinars for $100, while the buying price was 142,000 dinars for $100. https://www.mawazin.net/Details.aspx?jimare=261989
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
5 Things You Should Discuss During Your First Meeting With a Financial Advisor
5 Things You Should Discuss During Your First Meeting With a Financial Advisor
Gabrielle Olya
A financial advisor can be an excellent resource to help you make a plan for your money both now and in the future. But if you’re new to this world, you might not know how to make the most of your time during an initial meeting. In today’s “Financially Savvy Female” column, we’re chatting with Jane Voorhees, CFP, director of financial planning at ALINE Wealth, about how to prepare for a first meeting with a financial advisor and what topics you should be discussing.
5 Things You Should Discuss During Your First Meeting With a Financial Advisor
Gabrielle Olya
A financial advisor can be an excellent resource to help you make a plan for your money both now and in the future. But if you’re new to this world, you might not know how to make the most of your time during an initial meeting. In today’s “Financially Savvy Female” column, we’re chatting with Jane Voorhees, CFP, director of financial planning at ALINE Wealth, about how to prepare for a first meeting with a financial advisor and what topics you should be discussing.
What To Do Before Your Meeting
Before an initial meeting with a financial advisor, do some research into who they are and how they work. “Go to the advisor’s website and read through it,” Voorhees said.
She recommends looking for the answers to the following questions:
What are the advisor’s credentials (education, professional designations and licenses)?
What is the overall wealth management philosophy that is coming through or being portrayed?
Does the advisor have a team and if so, what role does each team member play?
Does the advisor work as a registered investment advisor (RIA) or do they work under the umbrella of a brokerage firm?
“Understand that RIAs operate under a higher fiduciary standard than broker-dealer firms,” Voorhees said.
What To Bring to an Initial Meeting
Once you’ve done some basic research to ensure you feel confident about the advisor you are meeting with, it’s time to set up the meeting. To make the most of this first meeting, come prepared with the proper financial documents.
“Bring investment and bank account statements, insurance policies, statements/details on debts you owe, your most recent tax return and a budget (if you have one),” Voorhees said.
What To Discuss During Your First Meeting With an Advisor
The first meeting is the time to make sure that you and your advisor would work well together, and that they are someone you are comfortable working with. Voorhees recommends asking about the following topics.
Their Process
“Ask the advisor about their wealth management process,” Voorhees said. “How do they analyze your individual situation and come up with suitable investment recommendations? How often will they review your portfolio/financial situation and meet with you either in person or by phone or Zoom?”
Their Pay Structure
You also need to find out how the advisor is compensated for their services.
TO READ MORE: https://news.yahoo.com/5-things-discuss-during-first-130017129.html
FL Gov Ron DeSantis Signs Bill to Recognize Gold and Silver as Legal Tender
FL Gov Ron DeSantis Signs Bill to Recognize Gold and Silver as Legal Tender
Shadow of Ezra: 5-27-2025
Florida Governor Ron DeSantis has signed a new law that begins the process of recognizing gold and silver as legal tender in the state.
The measure allows certain precious metal coins to be used for everyday payments, offering Floridians a potential alternative to traditional currency.
FL Gov Ron DeSantis Signs Bill to Recognize Gold and Silver as Legal Tender
Shadow of Ezra: 5-27-2025
Florida Governor Ron DeSantis has signed a new law that begins the process of recognizing gold and silver as legal tender in the state.
The measure allows certain precious metal coins to be used for everyday payments, offering Floridians a potential alternative to traditional currency.
DeSantis says the move is meant to protect against the declining value of the dollar, which he blames on constant deficit spending in Washington.
The bill will go into effect on July 1, 2026.
“You can’t print this out of thin air.”
https://twitter.com/i/status/1927474270193541554
DeSantis’s rationale is clear: he believes that relentless deficit spending in Washington is eroding the dollar’s purchasing power, leaving citizens vulnerable to inflationary pressures.
By offering an alternative in gold and silver, he argues, Floridians will have a haven against the whims of federal economic policy. This resonates with a growing sentiment of distrust in centralized financial systems and a desire for greater economic independence.
On the surface, the idea of a tangible, inflation-resistant currency is appealing, particularly in an era of economic uncertainty. Gold and silver have historically held their value better than paper currency during times of economic turmoil.
Supporters argue that allowing their use as legal tender provides a valuable hedge against potential dollar instability.
However, the practical implications of integrating precious metals into the everyday economy are complex and raise several questions.
Firstly, valuation and transaction costs: How will businesses accurately and consistently value gold and silver coins for everyday transactions? Fluctuations in the precious metals market could create confusion and arbitrage opportunities, requiring a robust system for pricing and verification. Furthermore, the costs associated with assaying and authenticating coins could make small transactions impractical.
Secondly, scalability: Can the existing supply of gold and silver coins adequately serve the needs of a state the size of Florida? A widespread shift to precious metal currency could strain supply chains and potentially drive up the price of gold and silver, negating the intended benefit of inflation protection.
Thirdly, integration with the existing financial system: How will this new system interact with the traditional banking infrastructure? Will banks be required to accept gold and silver deposits? Without seamless integration, the adoption of precious metals as legal tender could create a fragmented and inefficient financial landscape.
Finally, and perhaps most importantly, potential for manipulation and fraud: The inherent value of precious metals makes them attractive targets for counterfeiters. A lack of robust security measures could expose Floridians to the risk of accepting fake or diluted gold and silver coins.
While DeSantis’s intentions are laudable, the success of this initiative hinges on careful planning and implementation. Florida must address the aforementioned challenges to ensure that the transition to a precious metal-backed system is smooth and beneficial for its citizens.
The move by Florida is undoubtedly a bold experiment, one that the rest of the nation will be watching closely. It raises fundamental questions about the future of currency and the role of government in monetary policy.
Whether it proves to be a golden opportunity or a fool’s errand remains to be seen. However, one thing is certain:
Florida’s gamble on precious metals has sparked a crucial conversation about the stability and reliability of our financial system. Now, it is up to the state to prove that its vision of a gold-backed future is more than just a pipe dream.
Source(s): https://x.com/ShadowofEzra/status/1927474270193541554
Gold to $8,900? Why This Could Be Just the Beginning of a Global Reset in Money
Gold to $8,900? Why This Could Be Just the Beginning of a Global Reset in Money | Stöferle
Kitco News: 5-27-2025
Gold is near $3,300, silver is testing $33, and trust in fiat money is fading fast.
In this Kitco News interview, Jeremy Szafron speaks with Ronald-Peter Stöferle, managing partner at Incrementum and author of the In Gold We Trust 2025 report, to unpack what he calls “The Big Long” - a new phase of the secular gold bull market and a breakdown of the old monetary order.
Gold to $8,900? Why This Could Be Just the Beginning of a Global Reset in Money | Stöferle
Kitco News: 5-27-2025
Gold is near $3,300, silver is testing $33, and trust in fiat money is fading fast.
In this Kitco News interview, Jeremy Szafron speaks with Ronald-Peter Stöferle, managing partner at Incrementum and author of the In Gold We Trust 2025 report, to unpack what he calls “The Big Long” - a new phase of the secular gold bull market and a breakdown of the old monetary order.
Stöferle outlines long-term gold targets as high as $8,900, explains why the next global realignment may already be underway, and makes the case for why silver and miners could soon outperform.
Key topics:
• Why trust is now the most scarce asset in global finance
• Gold’s next phase: $4,800 to $8,900?
• Silver’s breakout and the rise of “performance gold”
• The real story behind central bank gold buying
• Could Bitcoin become a neutral reserve asset?
• Trump, tariffs, and the Mar-a-Lago Accord
• Why the traditional 60/40 portfolio is dead
• What the U.S. fiscal trajectory means for gold and markets
00:00 Introduction
01:06 The In Gold We Trust Report
01:39 Interview with Ronnie Stoeferle
03:07 The Big Long and Market Sentiments
07:01 Gold's Bull Market and Future Predictions
14:49 Global Monetary System and Fiscal Policies
29:15 Impact of COVID-19 on Fiscal Stimulus
30:32 US Debt Sustainability and Historical Context
31:20 Gold's Performance and Market Dynamics
33:58 Asset Allocation Model and Gold's Role
42:43 Global Monetary System and BRICS
48:40 Future Risks and Investment Strategies
55:33 Conclusion
Bruce’s Big Call Dinar Intel Tuesday Night 5-27-25
Bruce’s Big Call Dinar Intel Tuesday Night 5-27-25
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. it is Tuesday, May 27th and you're listening to the big call. Thanks for listening, tuning in again all over the globe as a result of the satellite team, the sat team, getting the signal out everywhere in it's - in your own language. And let's do this before we go to a teaching that Sue has provided for us tonight and we're all excited about that. Let's go to. Let's open the call with prayer.
All right, guys, we're going to move out of Bob's menu and bring you into the Intel realm. Okay, now we had to get through Memorial Day yesterday. I hope everybody had a good holiday. We got through that. We were told last week that it looked like we would get started numbers today. It didn’t happen! Okay, what are the reasons? And where are we? all right, here's where we are.
Bruce’s Big Call Dinar Intel Tuesday Night 5-27-25
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. it is Tuesday, May 27th and you're listening to the big call. Thanks for listening, tuning in again all over the globe as a result of the satellite team, the sat team, getting the signal out everywhere in it's - in your own language. And let's do this before we go to a teaching that Sue has provided for us tonight and we're all excited about that. Let's go to. Let's open the call with prayer.
All right, guys, we're going to move out of Bob's menu and bring you into the Intel realm. Okay, now we had to get through Memorial Day yesterday. I hope everybody had a good holiday. We got through that. We were told last week that it looked like we would get started numbers today. It didn’t happen! Okay, what are the reasons? And where are we? all right, here's where we are.
Let's start first of all with what could take us another three or four days, according to our Iraqi contact, who was speaking with the head of CBI. We call it the sovereign bank of Iraq now, (SBI) but they still refer to it as the central bank, and that was A L A K was the head of the CBI.
So what said was that we have a solid rate on the dinar, on the Forex, and it's known throughout the Middle East and internationally, not really revealed here to us yet. I know what it is, but as is me, but I'm not supposed to put it out. Okay, our rate's going to be okay, our rate is going to be much higher. This is the rate in country for Iraq.
Also you know we would call an international rate - a good solid rate – it will continue to trade upward on the forex – its on the forex solid –
Now Alak said this would be a managed float. I heard that term, I don't know how many years ago - a managed floats, which tells me they're watching it increasing value on forex, but they're also managing it to an extent to get it to the level that they needed to they wanted it to. Okay, so it's a managed float
He said, Probably another three or four days for that to occur. All right? I'm thinking, okay, so we don't have a Tuesday. Probably don't have a Wednesday. Who knows? And then another source is telling us, well, there are no rates on the redemption center screens. After noon today, they went off at noon okay, and the same source said those rates should be back up Saturday. Now, Saturday is the 31st of May. May, 31 is Saturday.
And thinking, Okay, does that mean nothing for us really happens between Tuesday, which is tonight and Saturday? It could very well be the case. And here's the other reason why -- President Trump's not real thrilled right now with Putin and what's going on with Russia and Ukraine.
So he's trying to broker that piece and get that established, a requisite, if you think about it, for GESARA, okay, so we can't have that going on. We got to have a brokered piece. We also he's working on. He President Trump is working on a peace with Palestine - Hamas. Iran is a big player in this for the funding of Hamas, and he's Bula, the other terrorists organizations and that's something that my understanding is about 50% Complete in terms of the brokerage, the brokered piece let's call it.
So we've got at least another day or two to go on that to get Hamas squared away. The one good piece of news for today was we have, I'm sorry, what we have a -- we have a -- we think what I was going to say, there is a company that is American, but not our military, that is handling humanitarian aide - food and other things to the residents of the Gaza Strip and that's going on now and starting today.
And I understand the Israeli Defense Force, the IDF, is offering the protection for that humanitarian effort that's going on, and there has been some resistance in getting humanitarian aide there - , this is evidently working successfully, and we just continue to believe that it will continue to offer food and medicine and clothing and whatever else the people of the Gaza need. They're receiving that aid today. That's really good.
Soo you’ve got Peace that needs to be established through some serious cease fires, possibly peace treaty agreement to take place . I believe we still have a cease fire slide underway down between India and Pakistan. Fortunately, that seems to be holding - the two hot spots are Russia and the Ukraine, and od course Iran their involvement as a as a third party with Hamas, that's going on those two hot spots
And I understand they're still finding, couldn't believe this is still finding an underground site laboratory, if you will, put a manufacturer or the or the receipt of Adrenochrome, which blew my mind, that that's still going on underground in Ukraine tunnels, Im sure they are going try to put a stop to all of that
So that takes us to at this point, Saturday, the 31st so do we get notified Saturday or Sunday, which is the first of June, and start on Monday, June 2. I think that's probably what we're looking at. That's just that's more or less an extrapolation of the information that we've received, and what it really looks like, hey, if we have to go to Saturday to even get rates back up on redemption center screens, then that looks like a likely outcome.
If something happens sooner, I'll let you know on Thursday night's call, we'll get a whole new run through on what is currently happening. But if you pray, pray for pray for peace in Jerusalem - Peace on the Gaza Strip. Pray for peace between Russia andUkraine so that the requisites for NESARA and GESARA, GESARA in this case could be met.
All right. What else? What about ?? does this do anything for our DOGE payments. The latest information update today on DOGE is that that would start in the first 12 days of June.
I had it starting in the first week going through June today. We're kind of talking about the first 12 Days of June for DOGE, and it's substantial. If you're 60 and over, you better be sitting down when you look at your account, because it's very substantial.
What about R and R still will be there restitution and reclamation allowance, or whatever they are you want to substitute for that. That is going to be at the redemption centers, and we go in for our exchange appointment and redemption of zim,
Okay, that'll be there -- now what about the let's see I got DOGE – I got that - the RV -- and the next thing going to be increase in Social Security. Well, it sure isn't happening this month is it ?? Supposed to have been in May? Nope, don't think so. I'm thinking it's also going to be in June – don’t worry about it - of a list of 1234, that's the least important.
Sure, it helps if you're a senior and don't have currency, yeah, but those of us on this call, a lot of us have zim. Most of us have Dong or dinar or another exotic currency that’s no longer going to be exotic- It's going to be mainline currency.
All right, so you've got that. The next piece is, when is NESARA and GESARA taking place? Latest update on that June 5 to June 15. 5th to the 15th - 10 day period should occur and take place for us in that time frame, the fifth of June through the 15th of June. That's today's information. NESARA and GESARA
And that's alright. And just when we see videos of tribunals, will we see? God knows what we're going to see. I I think it is part of the plan. I don't know how soon it's going to be shown. I don’t know – 24x7 - blah blah – no 10 days of darkness - that was a misnomer from the deep state - don’t buy that, they use the cutting off of cell phone service, internet service, all of that in areas where they were arresting people that you know, that keep them from communicating to each other
That was all done and good, and the most are complete, they're probably still more to go, but they've got quite a bit done in US and quite a bit done already internationally - sounds like there's still some more to go, but far enough along I believe, where it's not a factor right now for us, in terms of us getting started with numbers first, setting appointments second, and going in for exchanges, third, that's our 123.
So tell us. Let's pray the call out - We will see what happened, see what's occurred between Tuesday and Thursday, and we'll have a great call. And with any anticipation, we'll get started with exchanges.
Have a wonderful night. We'll see you on Thursday. Let's pray out the call. Well, good night everybody. We will talk with you Thursday night.
Bruce’s Big Call Dinar Intel Tuesday Night 5-27-25 REPLAY LINK Intel Begins 1:15:15
Bruce’s Big Call Dinar Intel Thursday Night 5-22-25 REPLAY LINK Intel begins 1:18:40
Bruce’s Big Call Dinar Intel Tuesday Night 5-20-25 REPLAY LINK Intel Begins 1:11:00
Bruce’s Big Call Dinar Intel Thursday Night 5-15-25 REPLAY LINK Intel begins 1:02:30
Bruce’s Big Call Dinar Intel Tuesday Night 5-13-25 REPLAY LINK Intel Begins 1:01:01
Bruce’s Big Call Dinar Intel Thursday Night 5-8-25 REPLAY LINK Intel begins 1:02:40
Bruce’s Big Call Dinar Intel Tuesday Night 5-6-25 REPLAY LINK Intel Begins 1:10:30
Bruce’s Big Call Dinar Intel Thursday Night 5-1-25 REPLAY LINK Intel begins 57:07
Bruce’s Big Call Dinar Intel Tuesday Night 4-29-25 REPLAY LINK Intel Begins 1:23:43
Bruce’s Big Call Dinar Intel Thursday Night 4-24-25 REPLAY LINK Intel begins 1:06:06
Bruce’s Big Call Dinar Intel Tuesday Night 4-22-25 REPLAY LINK Intel Begins 1:03:55
Bruce’s Big Call Dinar Intel Friday Morning 4-19-25 REPLAY LINK INTEL ONLY No Transcription
Iraq Economic News And Points To Ponder Wednesday Afternoon 5-27-28-25
The Central Bank Told Al-Eqtisad News: Our Measures Contributed To Lowering The Exchange Rate, And The Decline Is Not Temporary.
Money and Business Economy News – Baghdad The Director of the Investment Department at the Central Bank of Iraq, Muhammad Younis, confirmed on Wednesday that the decline in the dollar exchange rate in local markets is not temporary.
Younis told Al-Eqtisad News, "The Central Bank of Iraq's measures since 2023 have significantly contributed to limiting the rise in the dollar exchange rate against the Iraqi dinar," noting that "the slogan 'The Iraqi dinar is stronger' that the Iraqi government and the Central Bank began with is beginning to see the light of day."
The Central Bank Told Al-Eqtisad News: Our Measures Contributed To Lowering The Exchange Rate, And The Decline Is Not Temporary.
Money and Business Economy News – Baghdad The Director of the Investment Department at the Central Bank of Iraq, Muhammad Younis, confirmed on Wednesday that the decline in the dollar exchange rate in local markets is not temporary.
Younis told Al-Eqtisad News, "The Central Bank of Iraq's measures since 2023 have significantly contributed to limiting the rise in the dollar exchange rate against the Iraqi dinar," noting that "the slogan 'The Iraqi dinar is stronger' that the Iraqi government and the Central Bank began with is beginning to see the light of day."
He added, "The Central Bank has taken several steps, including fulfilling all requests received by the bank for trade and services financing, electronic payment settlements, and travel dollars for all those wishing to travel outside Iraq. It has facilitated access to cash dollars for travel, and prohibited any banks from imposing exchange rates other than the official ones."
He pointed to "assistance in opening accounts for Iraqi and foreign banks, thus enabling transfers in dollars, Jordanian dinars, and Emirati dirhams, and expanding transfer channels."
In response to "rumors" about a "temporary" decline in exchange rates, Younis affirmed that "this decline is not temporary, and the Central Bank possesses substantial foreign currency reserves and is capable of controlling exchange rates." https://economy-news.net/content.php?id=55932
Al-Alaq Details The Achievements Of Protecting The Financial System In Iraq
Banks Economy News – Baghdad The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced on Wednesday that the results of the Mutual Evaluation in Iraq revealed strengths in the areas of transparency and financial statements. He also indicated that work is underway to build and relicense private and government banks.
Al-Alaq said in his speech at the second session of the Anti-Money Laundering and Combating the Financing of Terrorism Conference, which was attended by "Al-Eqtisad News," that "the Anti-Money Laundering and Combating the Financing of Terrorism Council continues reform and combating money laundering through the Anti-Money Laundering and Combating the Financing of Terrorism Council, the Central Bank of Iraq, the Anti-Money Laundering and Combating the Financing of Terrorism Offices, law enforcement agencies and institutions, and the ministries and entities that participate with us within and outside the Council, in order to consolidate the foundations of integrity and enhance financial stability."
He added: "We realize that money laundering and terrorist financing crimes are not just ordinary financial crimes, but rather a gateway to destabilization and strengthening confidence in financial, social, and political systems.
Therefore, local and international cooperation and joint action are no longer an option, but rather an urgent necessity to curb these crimes."
He pointed out that "we in the Republic of Iraq cooperate actively with our international partners, particularly with the Financial Action Task Force and the Middle East and North Africa Financial Action Task Force, to implement international standards in the field of combating money laundering and terrorist financing."
Al-Alaq explained that "Iraq underwent a mutual evaluation process, which determines the extent of its commitment to implementing international standards and reflects the soundness of the measures taken and the efforts made to combat these crimes.
The results of the mutual evaluation in Iraq revealed a distinct set of strengths in the areas of transparency, financial data and access to them by relevant authorities, and the quality of reporting, which resulted in significant confiscations and the extent of the recovery of funds."
He pointed out that "the multiplicity of international cooperation channels enabled Iraq to exchange high-value information quickly and efficiently with counterpart units through a secure communications network that ensures the confidentiality and speed of information."
He explained that "the report pointed to a number of weaknesses that need to be improved and addressed, which we have taken the initiative to address urgently and immediately by taking appropriate steps to overcome them, in a way that mitigates their risks and ensures that they are not exploited for money laundering operations.
This comes within the framework of the Republic of Iraq's commitment, at the highest levels, to continuous cooperation with the Financial Action Task Force concerned with the issue, similar to the rest of the member states mentioned above."
Al-Alaq emphasized that "the Republic of Iraq has achieved many important accomplishments to protect the financial and banking system, which is a fundamental pillar of the anti-money laundering and counter-terrorism financing system, and to protect it from misuse in suspicious or illegal operations, especially after completing the national risk assessment process. Among the most prominent of these measures were:
First - Enhancing the balances of Iraqi banks abroad so that they can directly carry out their customers’ requests through correspondent banks, through implementing these transfers through specialized international institutions, preventing the use of these transfers for purposes other than those intended, and came in response to mitigating the risks arising from external transfers.
We have made great efforts to enhance this practice and open multiple channels, and today we have succeeded in opening accounts with international correspondent banks in a large number and in different currencies, within a mechanism that is considered the most transparent and controlled within the framework of these important operations.
Second: Establishing a cash system for selling foreign currency through banking and non-banking financial institutions in a way that ensures that these currencies reach their true beneficiaries and for the purposes for which they are intended, without anyone engaging in suspicious transactions.
This international system is considered the dollar distribution system in Iraq and is considered the system among countries of the world.
Third: Establishing a central registry at the state level that includes data on the beneficial owner, allowing relevant authorities to access this registry and update its data regularly to enhance transparency and prevent misuse of the funds.
Fourth: Automating work in an integrated manner between the Anti-Money Laundering and Terrorist Financing Office, reporting and investigation agencies, oversight, and customs.
This represents a qualitative leap in the implementation of the procedures required to limit suspicious transactions and enhance the efficiency of response to threats. We are in the final stages of the integrated linkage process between the Central Bank, Customs, and Taxes, which will constitute an important framework for tightening control over all external financial transactions.
Fifth: Establishing an electronic platform to implement financial sanctions targeting Security Council resolutions and international standards immediately, allowing designated financial and non-financial professional institutions to access the names listed on global and local lists.
This will facilitate compliance and achieve greater effectiveness in implementing sanctions.
Sixth: Issuing a parallel financial investigations guide in Iraq, which represents an advanced stage in organizing and directing financial investigations in parallel with criminal investigations to dry up and confiscate the sources of financial crime.
Seventh: Due to the modernization of the real estate sector, which is one of the high-risk sectors, several measures were taken to mitigate these risks, the most important of which was the issuance of a mechanism for buying and selling real estate through the banking system.
Eighth: The Kurdistan Region shall participate effectively in efforts to combat money laundering and terrorist financing through its representation in the Anti-Money Laundering and Combating the Financing of Terrorism Council at the federal level.
This representation shall be part of the comprehensive national commitment to the Council’s decisions, with the identification of competent courts in the region to consider judicial procedures and expedite these cases in a manner consistent with national and international standards related to combating financial crimes in the region, and unifying these procedures with the central authority.
Ninth: We have taken a series of measures to enhance financial inclusion, not only with the aim of distributing the customer base for banking products, but also enabling the relevant authorities to track the movement of funds, understand their sources, and identify the true beneficiaries, which enhances integrity and transparency in the financial system.
In this context, digital transformation has emerged as a key tool to achieve these goals. We have worked to develop digital systems and enhance the technological infrastructure to enable access to data and its analysis accurately and quickly, enabling the tracking of financial transactions in a way that contributes to raising the level of compliance with international standards,
in addition to improving the customer experience and expanding the scope of electronic banking services. We seek to employ the use of artificial intelligence, which makes it difficult to hide the financial impact and helps in controlling financial operations in an organized manner.
He continued: "Work is underway to rebuild and relicense private and government banks based on advanced anti-money laundering practices and to enhance their role in the economy through diversification of services and products and digital transformation.
This plan represents a distinguished international model for subjecting all banks to advanced international standards and principles."
Al-Alaq explained that “these achievements would not have been possible without the political will and confidence that the government in general and Prime Minister Mohammed Shia al-Sudani in particular have given to the Anti-Money Laundering and Combating the Financing of Terrorism Organization, and in light of this, the efforts of all government institutions to keep Iraq away from suspicious activities.”
He stressed that “the efforts of the national system to combat money laundering and terrorist financing will not stop in combating these crimes, mitigating their effects, and developing its working mechanisms in a way that ensures that financial institutions, both banking and non-banking, do not become safe havens for money laundering arising from criminal operations. Here, we look forward to expanding the scope of partnership between local and international institutions for the benefit of the country.” https://economy-news.net/content.php?id=55936
Government Advisor: Iraq Has Made Significant Strides In Combating Money Laundering And Terrorist Financing
A wish | 03:18 - 05/28/2025 Mawazine News - Baghdad - The Prime Minister's Representative and Advisor for Banking Affairs, Saleh Mahoud, reviewed on Wednesday the most prominent achievements made in Iraq's commitment to international standards for combating financial crimes, noting that Iraq has made tangible progress in this regard.
Mahoud said, during the second session of the Anti-Money Laundering and Combating the Financing of Terrorism Conference, that "the government looks forward to this conference being an important opportunity for constructive dialogue and exchange of experiences, which will contribute to raising the level of awareness and commitment to international standards, and enhancing the knowledge of specialists in this vital field, especially in light of the growth of financial crimes and the development of their methods."
He explained that "the Iraqi government has committed to extensive reforms in this area, including issuing and updating laws and instructions, strengthening the role of regulatory and financial investigation bodies, and intensifying cooperation with international partners."
He pointed out that "the Governor of the Central Bank announced the completion of the mutual evaluation process for 2024, which revealed several strengths in Iraq's commitment to international standards for combating financial crimes, through the adoption of national strategies based on continuous self-assessments." https://www.mawazin.net/Details.aspx?jimare=261987
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/