News, Rumors and Opinions Thursday 7-10-2025

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

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 9 July 2025

Compiled Wed. 9 July 2025 12:01 am EST by Judy Byington

Possible Timing Global Currency Reset:

Late Mon. 14 July EST Banks worldwide (allegedly) reset value of different nation’s currencies.

Late Thurs. 17 July EST new value of currencies(allegedly)  becomes active worldwide. The change in value shows up first in energy prices, then in food prices and finally on mainstream tickers.

As a side note: The Federal Reserve’s implementation date is (allegedly) set for July 14, 2025. This means that on Friday July 11, 2025, at 7pm ET the current Fedwire® Funds Service FAIM wire format will(allegedly)  end and when the Federal Reserve opens Sunday July 13, 2025 at 9pm ET (business date is Mon. 14 July ) the new ISO® 20022 format supersedes. Any wires in the FAIM format will be rejected by the Federal Reserve. This implementation will bring changes to current wire terminology, requirements, wire types and fields.

On Mon. 14 July at 8:33 pm EST: (Tues. 15 July 2025 at 03:33 UTC Universal Time which is 8 hours ahead of Eastern Standard Time, or Mon. 14 July 8:33 pm EST), the Bank Currency Reset to gold/asset-backed currencies called Operation Chrysalis, (allegedly)  goes live. Treasury nodes will (allegedly) switch from mirrored to primary control, which will make all old banking rails read-only. If a payment processor doesn’t handshake within the first 11 milliseconds, its ledger will be frozen until a manual audit clears it.

On Thurs. 17 July EST (Friday 18 July 2025 UTC) Rainbow currency change of value(allegedly)  becomes active. Take note of the liquidity paths that Tier 2 commerce hubs can use. Each country that takes part gets its first draw in twelve-hour chunks. Fiat leaves in the same heartbeat. Don’t wait for the news to confirm it. The change in value shows up first in energy prices, then in food prices, and finally on mainstream tickers.

Tues. 8 July 2025 Wolverine: We are pleased to share a significant development: during a specialized operational conference held last night, it was officially confirmed that both the U.S. Treasury and the Department of Defense (DoD) have (allegedly) given final authorization for the payments. God bless you all. Wolverine

Tues. 8 July 2025 Wolverine: “The leader from the Pentecostal has finally released the funds to her leaders. They will be given the day and the hour when they have to go to the banks to be able to receive the blessing which is spendable money and be able to release those funds to their members. The owner has now (allegedly) finished what she promised she will do after more than 20 years. This is history in the making guys.

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

Global Financial Situation:

Tues. 8 July 2025: TRUMP’S $150 TRILLION BOMBSHELL — THE 161-YEAR SECRET THAT WILL CRUSH GLOBALISM AND TRIGGER NESARA/GESARA …Donald J. Trump WH on Telegram

While the world drowns in distractions, President Donald J. Trump just (allegedly) stepped into the most powerful economic position in modern history. Hidden beneath the surface for 161 years lies a $150 trillion resource trust — now (allegedly) legally unlocked. Copper, lithium, uranium, rare earths, oil, gold. Enough to erase national debt, end globalist control, and rebuild sovereignty from the ground up. And now, Trump(allegedly)  has full access.

For decades, the Chevron Doctrine acted as the cage. It gave unelected agencies total control over America’s natural wealth, land, and economy. Globalists used it to bury this inheritance while feeding the world illusions through fiat currency, debt, and foreign trade traps. But that’s (allegedly) over. The Supreme Court has overturned the Chevron Doctrine. The legal lock is gone. The vault is open. And Trump(allegedly)  has the code.

This isn’t about campaign promises. It’s about economic liberation. With Chevron dead and the trust exposed, Trump is positioned to unleash the most powerful financial reset in human history — not through banks, but through real value. Energy. Infrastructure. Sovereign-backed digital systems. Trump isn’t just returning to the White House. He’s returning as executor of a new operating system. And the elites are terrified.

This aligns with everything NESARA and GESARA stood for. Once mocked, now unstoppable: (allegedly) erasing illegitimate debt, restoring sound money, and ending corporate government slavery. Trump’s moves — energy independence, gold-backed systems, dismantling the Fed, expanding QFS — have all been steps toward this convergence. The $150T trust isn’t just wealth. It’s the fuel for a new civilization.

While the media sells crisis and courtroom drama, elites are shifting quietly: XRP, gold, rare earth ETFs, tokenized energy and land assets. The global monetary game is changing in silence. The public won’t hear about it until it’s too late to catch up. But patriots who understand NESARA know — this is the framework loading behind the curtain.

The wealth is real. The court has ruled. The legal leash is cut. Chevron’s fall means America’s resource cage is broken. Trump holds the ignition key. No more globalist debt systems. No more fabricated scarcity. No more foreign dependence. The trust is real, and it’s being activated. Silently. Strategically. Irrevocably.

This is not politics. This is the fall of fiat, the rise of sovereignty, and the true beginning of GESARA. While others argue over headlines, the system is already being rebuilt — by Trump, by QFS, by the Constitution.

The silence is the signal. The trust is the trigger. And history is about to flip.

Read full post here:  https://dinarchronicles.com/2025/07/09/restored-republic-via-a-gcr-update-as-of-july-9-2025/

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

Mnt Goat  We can clearly see that Iraq is ready to reinstate their currency and go global with it. It could not be any clearer now. But first there is work to be done with Iran...my CBI contact has been relaying to me from my conference calls to Iraq and she was spot on! She said many times that, right now “it’s all about Iran”. 

Frank26  Trump threw a curveball at my teams...We don't believe in a GCR but we do believe that, oh my goodness, something is about to crack with currencies around the world.

Frank26  Article "Prime Minister's Advisor: Iraq is qualified to become a regional financial center with four strategic powers."  This is an insult.  How dare you tell me Iraq is going to become the financial hub in the Middle East at 1310...Be...wise enough, astute enough...confident enough to know none of this is at 1310...You're smart enough, wise enough, savvy  enough, you know what these articles are doing.  They're telling you everything (Asraflak) about monetary reform without giving you a new exchange rate because if they give you a new exchange rate then they got to also give you the lower notes.  Those 2 are as top secret as you can get. 

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

FRANK26…..7-9-25……ALOHA….BANK SHOT

https://www.youtube.com/watch?v=00TKq5jDIoI

Iraq Economic News and Points To Ponder Thursday Morning 7-10-25

18 Islamic Banks Banned From Dealing In Dollars...And Liquidation Looms!
 
July 8, 2025 Last updated: July 8, 2025  Al-Mustaqillah/- In a move that sparked widespread controversy within economic circles,  data from the Central Bank of Iraq revealed the inclusion of a group of Islamic banks on a list of banks prohibited from dealing in dollars.
 
This raised questions about the true reasons and motives behind this move, as well as the repercussions it could cast a shadow over the future of these banks and the Islamic financial sector as a whole.

List Of Banks Covered By The Ban:
 
    Elaph Islamic
    Kurdistan International Islamic Bank
    Islamic Cooperation
    Islamic Giving
    Islamic Advisor
    Islamic world
    Islamic South
    Islamic Arabic
    Light of Islamic Iraq
    Zain Iraq Islamic
    International Islamic
    Islamic Clutch
    Al-Ansari Islamic Bank
    International Islamic Trust
    Al Rajhi Islamic
    Islamic paper
    Asia Islamic Iraq
    Islamic Spectrum
    Islamic money
 
What Are The Reasons For The Ban?
 
Despite the absence of an official, explicit explanation from the Central Bank,
informed sources point to several possible reasons, most notably:
 
    Suspicions of dollar smuggling are now being leveled against several Iraqi banks as Washington and Baghdad seek to control the black market and reduce currency smuggling to neighboring countries.

    Failure to comply with international financial compliance standards, particularly those related to anti-money laundering and counter-terrorist financing (AML/CFT) standards.
 
    Some of these banks are linked to names or entities subject to US sanctions, which automatically places them under suspicion,even without an official announcement from the US Treasury Department.
 
    The weakness of internal control systems in some of these banks makes them fertile ground for violations or illegal uses of the dollar.
 
Serious Repercussions: Liquidation Is Imminent?
 
According to an informed economic source for Al-Mustaqilla,
 
some banned Islamic banks may be headed for voluntary or forced liquidation in the coming period,
given their inability to continue financial operations without dealing in dollars.
 
The dollar is a vital nerve in the Iraqi economy, whether for trade, transfers, or international client obligations.
 
What Does This Mean For The Islamic Financial Sector?
 
    Declining trust: Customers may lose confidence in Islamic banks in general,
even those not covered by the ban.
 
    Increased pressure on other banks: As these banks exit the dollar market,
customers will turn to other banks, potentially causing congestion or pressure on their services.
 
    Implications for investors: Especially those who use these banks as intermediaries to finance projects or investments based on foreign currency.
 
Where Are Things Headed?
 
The ball is now in the court of the Central Bank of Iraq, which is expected to provide an official and transparent explanation of the reasons behind the ban, to ensure it does not create a financial panic and reassure the local market and investors.
 
Islamic banks subject to the ban must also take the initiative to quickly settle their legal and commercial situations and work to improve compliance systems, to avoid escalating the situation to the point of liquidation or cancellation of the license.    
  
https://mustaqila.com/حظر-18-مصرفاً-إسلامياً-من-التعامل-بالدول/    
    

New Banking Sanctions Shake Iraq's Financial Sector Amid Mounting US Pressure.
  
Iraqi investment in the grip of the US dollar.  July 8, 2025 Last updated: July 8, 2025
 
Al-Mustaqilla/ - The Central Bank of Iraq announced the inclusion of a number of investment banks on a list of those banned from dealing in US dollars,
 
a move that sparked widespread concern in economic and financial circles and brought to the forefront old questions about the future of the Iraqi banking system in light of growing international pressure.
 
List Of Banks Covered By The Ban
 
The list published by the Central Bank on its official website included 12 private investment banks, the most prominent of which are:
 
    Middle East Iraqi Investment Bank 
    Iraqi Investment Bank 
    Dar Al Salam Investment 
    Babylon consumption 
    Sumer Commercial Bank 
    Mosul Bank for Development and Investment 
    Union Bank of Iraq 
    Ashur International Investment Bank 
    Trans-Iraq Investment Bank
     Al-Huda Bank
     Erbil Investment and Finance Bank
     Hammurabi Commercial Bank
 
US Pressure And Undeclared Sanctions
 
Although the Central Bank has not issued an official explanation regarding the reasons for the ban,
an informed source told Al -Mustaqilla that the decision is linked to indirect US sanctions,
based on suspicions regarding these banks' failure to comply with anti-money laundering and foreign transfer standards, in addition to their weak financial compliance systems.
 
The source explained that some of these banks may face liquidation in the near term,
as a result of international isolation and the freezing of their dollar transactions,
which will make it more difficult for them to continue operating in the local market.

 Attempts To Comply And Return To The Global Financial System
 
In contrast, some of the banned banks have begun taking steps to rectify their situation.
 
They are working to improve their compliance and internal control systems,  contracting with international financial audit firms, and seeking to open channels of negotiation with US and international entities to ease the measures imposed on them.
 
Worrying Repercussions For The Iraqi Market
 
The decision directly impacted the Iraqi market, particularly with regard to investor confidence,
project financing, and imports.
 
Among The Most Significant Potential Repercussions:
 
    The dollar exchange rate rose on the parallel market as a result of reducing the number of banks allowed to trade it.
 
    The banking sector's ability to finance major investment projects has declined.
 
    Withdrawal of local and foreign capital in search of a more stable financial environment
 
Urgent Banking Reforms To Avoid Collapse
 
Observers believe that what is happening does not amount to a passing crisis,  but rather represents a critical test of the Iraqi financial system's ability to reform and remain within the global financial system.
 
In this context, the need to implement radical reforms, including
 
    Updating the legal structure of banking supervision
 
    Enhancing transparency and financial disclosure
 
    Re-evaluating the role of investment banks in the national economy
 
The Window For Reform Is Narrowing
 
Recent developments confirm that Iraq stands at a critical financial crossroads,
requiring clear political and banking will to implement genuine reforms before the banking system loses what remains of internal and external confidence.    https://mustaqila.com/عقوبات-مصرفية-جديدة-تهز-القطاع-المالي/    

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

Seeds of Wisdom RV and Economic Updates Thursday Morning 7-10-25

Good Morning Dinar Recaps,

SEC’s Hester Peirce: “Tokenized Securities Are Still Securities”

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce, often referred to as the agency’s “Crypto Mom”, has reaffirmed the regulator’s stance that tokenized versions of traditional securities remain subject to existing securities laws — regardless of the underlying technology.

SEC Warns Market Participants on Tokenized Offerings

In a statement released Wednesday, Peirce urged companies exploring tokenized financial products to engage directly with the SEC. Her remarks come amid a wave of innovation from both crypto-native firms and traditional financial institutions experimenting with on-chain tokenization.

“As powerful as blockchain technology is, it does not have magical abilities to transform the nature of the underlying asset,”
— Hester Peirce, SEC Commissioner

She warned that firms distributing tokenized stocks, bonds, or other instruments must still comply with the federal securities laws.

Robinhood and the Tokenization Wave

Though Peirce did not name specific companies, her comments closely follow Robinhood’s recent launch of a tokenization-focused Layer-2 blockchain, aimed at offering tokenized U.S. stocks and ETFs to investors in Europe.

Robinhood has also reportedly submitted a proposal to the SEC in May 2025, seeking a regulatory framework for tokenized real-world assets (RWAs). The move suggests a growing recognition among industry players of the legal complexities surrounding tokenized finance.

A Call for Engagement and Flexibility

Peirce emphasized that the Commission is open to innovation — if market participants proactively engage and work within legal boundaries.

“When unique aspects of a technology warrant changes to existing rules or where regulatory requirements are outdated or unnecessary, we stand ready to work with market participants to craft appropriate exemptions and modernize rules,”
— Hester Peirce

Her comments echo those made frequently by former SEC Chair Gary Gensler, who often urged crypto firms to “come in and talk.” But this statement comes at a time when the regulatory climate is beginning to shift under the leadership of new Chair Paul Atkins and the Trump administration’s broader support for digital assets.

Awaiting Clarity from Congress

Peirce’s statement also arrives as Congress prepares to vote on the Digital Asset Market Clarity Act — a long-awaited legislative framework that aims to define regulatory roles for the SEC and the Commodity Futures Trading Commission (CFTC).

If passed, the bill could:

• Clarify oversight responsibilities for digital assets

• Provide legal certainty for tokenized securities and commodities

• Accelerate institutional adoption of real-world asset tokenization

Conclusion: Tech Innovation Still Requires Legal Caution

While blockchain and tokenization are transforming finance, the SEC’s message remains consistent: the medium does not change the law.

Hester Peirce’s latest comments serve as both a warning and an invitation: innovation is welcome, but compliance with securities law is non-negotiable.

@ Newshounds News™
Source: Cointelegraph

~~~~~~~~~

DLT Platform Hedera Joins Project Acacia to Advance Digital Finance in Australia

In a major step toward building Australia’s next-generation financial infrastructure, Hedera has officially joined Project Acacia, a collaborative initiative led by the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC). The project is designed to explore digital money, tokenized assets, and real-world financial use cases powered by distributed ledger technology (DLT).

Hedera Brings Hashgraph Efficiency to Australian Digital Finance

On July 10, Hedera was formally included in the Acacia initiative, where it will contribute its Hashgraph-based DLT—known for high-speed, secure, and low-cost transactions—to a suite of pilot programs. These programs aim to test wholesale tokenized assets, improve settlement efficiency, and reduce systemic risks in Australia’s financial sector.

“Project Acacia will allow industries and regulators to work together to reshape the financial services industry while boosting efficiency and fostering economic growth,”
— Reserve Bank of Australia

The project's focus includes evaluating how DLT can enhance transparency and innovation in wholesale banking and cross-border settlement systems, aligning with broader governmental goals for economic modernization.

Multiple Blockchain Platforms Join the Mission

Hedera is not alone in this national initiative. Other prominent DLT platforms selected for Project Acacia include:

• Redbelly Network – Focused on compliant tokenization of real-world assets.

• R3 Corda – Specializing in asset and currency tokenization across regulated financial markets.

• Canvas Connect – A zero-knowledge layer-2 solution prioritizing privacy and financial interoperability.

• EVM-compatible networks – Supporting Ethereum-based smart contracts, ideal for programmable finance.

Together, these platforms will test various CBDC scenarios, settlement models, and tokenized asset flows to evaluate their integration with Australia's traditional banking infrastructure.

Australia Positions Itself as a Global DLT Leader

By anchoring Hedera and other advanced blockchain platforms into its national pilot program, Australia is signaling a serious commitment to technological innovation in finance. The effort also aligns with broader global trends toward central bank digital currencies (CBDCs) and the tokenization of real-world assets (RWAs).

The Australian Securities and Investments Commission (ASIC) emphasized the importance of this research in tackling regulatory risks and identifying growth opportunities within the digital asset economy.

Final Thought

As countries around the world race to define their roles in the digital asset revolution, Australia’s Project Acacia—now strengthened by Hedera’s participation—could serve as a model for collaborative innovation between governments, regulators, and the blockchain industry.

If successful, it may mark the beginning of a fully tokenized financial ecosystem, with Australia at the forefront.

@ Newshounds News™
Source: Coinpedia  

~~~~~~~~~

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Thank you Dinar Recaps

“Tidbits From TNT” Thursday Morning 7-10-2025

TNT:

FROM DEEMONEY ON 7/9/25 WEDNESDAY 

PART 1

" My daughter has worked for Wells Fargo for 14 years. She's now in management doing bankwire fraud investigations. She told me a couple of weeks ago that they had mandatory training scheduled for July 14th. Today she's in the office. It's Wells Fargo's largest campus. The call center is there. She just told me that all the big wigs are on campus today and that all of the new changes in Bank wires goes into effect this weekend. I think they are preparing us! We are really nearing the end" 

DEEMONEY'S PART 2

I'm on with my daughter now. It's called fed ISO 20022 and it rolls out July 13th. It was supposed to go at the end of last year but was postponed. Bigwigs are on campus from all over. The Swift system changes at the end of the year exclamation they did a soft launch last year and it didn't work

 DEEMONEY'S PART 3

She said it's been scheduled for July to change over since the beginning of the year. I remember we were waiting for fednow last year and from what I'm hearing, I believe it's connected to our release. Have a wonderful day everyone.  

DEEMONEY'S PART 4

She told me to pray nothing else changes before Sunday that they are fully prepared for Sunday. There are meetings going on all day in anticipation.

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

Greyeagle1 wrote:   Bank Story from a trusted friend: My friend has had a bank account at this bank for over 30 years. Knows everybody by first name. They know her by her first name. She got a notice from the bank that they would be closed from Wednesday at closing on July 9, 2025 until Monday morning July 14, 2025.

She went into the bank today and talked with senior loan manager whom she has known since he started. She asked why closing? Answer changing to new banking system

Q: Are you going to be doing foreign currency exchanges? A: I cant tell you that.

 Then she went to the head bank manager whom she has known for 30 years.

Q: Why are you closing? Answer : changing to new banking system.

Q:  Is it QFS? A: gave some other name.

Q: are you Basil 3 compliant? A: We will be by Monday.

Q: Are you going to have the new US Dollars? A: They are on their way now.

Q: Are you under an NDA? A: Yes.

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

NellieCat:  I have a friend who is a contractor in NYC. For years he was doing bulk apartment renovations and then he started getting jobs to make LED signs for luxury stores. In April 2025 he all of a sudden started getting all these Wells Fargo Bank jobs for LED signs to light up 24 hours in front of their banks! He is a currency holder. I told him to ask a bank manager if he could exchange his dinar there. He did not yet. So today I told him to see if he could exchange his Bolivar which is currently almost $90,000 for a 10 million dollar note. He went to the teller and asked if they exchange Venezuelan Bolivar. The teller said that it was not on their screen so ... no.  It has to be on the screen for them to exchange.  Then the teller asked, "How much did you have to exchange?" My friend said, "a million bolivar". The teller looked at the screen for a long time and said "wow".... but still said that it wasn't on the screen. 

 Although the Bolivar is not showing on google's currency converter or yahoo finance or wise's currency converters. It is showing at these sites.

xe.com shows it https://www.xe.com/currencyconverter/convert/?Amount=10000000&From=VES&To=USD

oanda.com shows it too https://www.oanda.com/currency-converter/en/?from=VES&to=USD&amount=10000000

fiscaldata.treasury.gov also shows it  (This is an official website of the US government I believe)          https://fiscaldata.treasury.gov/currency-exchange-rates-converter/

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

Tishwash:  Baghdad and Erbil discuss unifying procedures for the entry of goods and merchandise imported into Iraq.

Baghdad and Erbil discuss unifying procedures for the entry of goods and merchandise imported into Iraq.

The Iraqi Ministry of Planning announced that the Central Organization for Standardization and Quality Control held a meeting with a delegation from the Kurdistan Region to standardize procedures for the entry of goods and commodities imported into Iraq.

The Ministry's media office said in a statement that "the Diwani Order Committee (No. 79 of 2024) discussed mechanisms for implementing the decision of the Ministerial Council for Economy regarding the standardization of procedures for the entry of goods and commodities imported into Iraq, in light of the agreement signed between the federal government and the Kurdistan Regional Government."

It explained that "the meeting was chaired by the head of the Central Organization for Standardization and Quality Control, Fayyad Mohammed Abdul, in the presence of an official delegation from the Kurdistan Regional Government.

The practical steps to implement the provisions of the agreement were discussed, which aims to ensure the smooth flow of trade and simplify procedures at border crossings by standardizing specifications and quality inspections for imported goods."  link

Mot:  Today!!! -- Lets Go Over Sum ""Lifes Truths""

Mot:  All Set fer Da Summer I Is!!!!

MilitiaMan & Crew: Iraq Dinar News-Monetary Stability-Budget-Oil & Salaries a key focus

MilitiaMan & Crew:  Iraq Dinar News-Monetary Stability-Budget-Oil & Salaries a key focus

7-9-2025

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

Welcome to our latest video where we dive deep into the current state of Iraq's economy and the implications for the Iraqi Dinar.

 In this episode, we explore the key insights from Al-Nusairi's groundbreaking book on monetary stability, alongside expert analyses from Mazhar Mohammed Saleh regarding the successful measures in place to ensure economic resilience.

What We Cover:

Monetary Stability: Discover the principles and strategies outlined in Al-Nusairi's book that aim to stabilize the Iraqi Dinar during a digital transformation.

Expert Analysis: Hear from Mazhar Mohammed Saleh as he shares his similar opinion's that Iraq has succeeded on stabilizing prices and curbing inflation.

 Budget Insights: There is a vital issue that has yet to be put into place regarding the Tripartites Budget tables.

Join us for an insightful discussion and expert analysis on these pressing issues.

https://www.youtube.com/watch?v=DKUy8e0szFo

Iraq Economic News and Points To Ponder Wednesday Afternoon 7-9-25

Al-Sudani: We Will Not Allow Iraq To Become Part Of The Arena Of Wars And Conflicts, And We Will Not Allow Anyone To Outbid Our Principles

Wednesday, July 9, 2025, | Politics Number of reads: 188  Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani stressed that Iraq will not be allowed to be part of the arena of wars and conflicts.

Al-Sudani said, during his visit to the host of the Emir of the Bani Hassan tribes in the Al-Haidariya district, Sheikh Hussein Ali Al-Muhammad Al-Hasnawi, and Sheikh Abdul Hadi Al-Hasnawi, the representative, in the holy Najaf Governorate:   "Iraq is in the midst of a region rife with violence, and the war began there with the aggression launched by the Zionist entity against the Islamic nation.

The ongoing attacks in Gaza, Lebanon, Yemen, and the latest of which was on the Islamic Republic of Iran, oblige us to take our clear principled position, act wisely, and adhere to preserving the supreme interests of Iraq and Iraqis. We will not allow our country to be part of the arena of wars and conflicts."

He added: "We will not allow any party or entity to outbid our principles, especially when talking about the rule of law that protects everyone, and the state, with its official institutions, is concerned with the decision of peace, war, or foreign relations," stressing: "Restricting arms to the state is one of the fundamentals of building the state, and the government is proceeding according to a plan to achieve this goal."

He continued: "Our program is consistent with the basic principles announced by the supreme authority, when it outlined a work plan for all those who assume responsibility, prioritizing support for the state and its sovereignty, through respect for the law and combating corruption.

We are continuing the process of building, developing, and rebuilding our country, with an equal and non-discriminatory view for all Iraqis, with their diverse spectrums."

He continued: "It is time for the citizen to feel that the state, with all its institutions, provides services and implements the law. Today, we launched the executive work to expand the Najaf refinery, reaching a refining capacity of 90,000 barrels/day, and we will soon begin building the additional hydrogenation units."

Al-Sudani met with sheikhs and dignitaries of the district, and the general public, and was informed of their living and social conditions, and received their requests and needs.

He thanked the Bani Hassan tribes for the kind invitation and presence among our people in the Al-Haidariya district, which constitutes the intermediate station on the path of visitors and a shelter for all visitors of Abu Abdullah Al-Hussein (peace be upon him) during the days of the dictatorial regime, and today they serve his visitors, stressing that his visit to the holy Najaf Governorate is a continuation of the implementation of the government’s program and a confirmation of the title of the government of services, as all governorates are witnessing today service projects that are compatible with the hopes and sacrifices of the Iraqis. /End   https://ninanews.com/Website/News/Details?key=1239869

Among Them Is Iraq.. Four Arab Countries Possess More Than A Thousand Tons Of Gold Reserves.

Economy |  09/07/2025  Mawazine News - Follow-up  The World Gold Council announced on Wednesday that Iraq and four other Arab countries together possess more than 1,000 tons of global gold reserves.

In its latest table for July, reviewed by Mawazine News, the council stated that "the top five Arab countries, namely Saudi Arabia, Lebanon, Algeria, Iraq, and Libya, possess a combined 1,092.9 tons of gold," indicating that "the remaining Arab countries listed, namely Egypt, Qatar, Kuwait, Jordan, the UAE, and Syria, possess a combined 495.3 tons."

It added that "Iraq maintained its 29th global ranking out of 100 countries listed in the table, as its gold holdings amount to 162.7 tons, representing 16.8% of its remaining reserves."

The council noted that "the United States of America tops the list of the world's largest gold holders, with 8,133 tons, followed by Germany with 3,350 tons, then Italy with 2,451 tons, while Iceland and Hong Kong came in last with holdings of 2.1 and 2 tons, respectively."

It is worth noting that the World Gold Council, headquartered in the United Kingdom, includes among its members the world's largest gold mining companies and has extensive experience and in-depth knowledge of the factors affecting global gold markets. https://www.mawazin.net/Details.aspx?jimare=263650

Iraq Is The Third Arab Country In Terms Of Refinery Production.

Wednesday, July 9, 2025, | Economic Number of readings: 110  Baghdad/ NINA / Iraq ranked third in the Arab world in the list of refinery production of petroleum products in 2024, according to data from the Energy Research Unit.

The data showed that global refinery production increased by 807,000 barrels per day during the past year, reaching 93.631 million barrels per day, compared to 92.823 million barrels per day in 2023.

Saudi Arabia continued to lead the Arab countries in terms of refinery production, followed by Kuwait in second place, while Iraq rose to third place after surpassing the UAE, which witnessed a decline in its production.

Iraq recorded an increase in refinery production in 2024 by 60,000 barrels per day, reaching 988,000 barrels per day, compared to 928,000 barrels per day in 2023.

The UAE ranked fourth in the Arab world, followed by Algeria, then Egypt, Qatar, while Libya came at the bottom of the list. /End   https://ninanews.com/Website/News/Details?key=1239858

The Dollar Exchange Rate Against The Dinar Remains Stable In Local Markets.

Wednesday, July 9, 2025, | Economic Number of reads: 184  Baghdad / NINA / The dollar prices stabilized in the markets of Baghdad and Erbil governorates, on Wednesday.

The exchange rates recorded stability in the Al-Kifah and Al-Harithiya stock exchanges, recording 141,250 dinars for every $100.

The selling prices stabilized in exchange shops in the local markets in Baghdad, as the selling price reached 142,250 dinars for every $100, while the purchase price reached 141,000 dinars for every $100.

In Erbil, the dollar also recorded stability, as the selling price reached 142,300 dinars for every $100, and the purchase price was 141,000 dinars for every $100. /End https://ninanews.com/Website/News/Details?key=1239837

Gold Prices Decline In Baghdad And Erbil Markets.

Wednesday, July 9, 2025, Economic Number of readings: 145  Baghdad / NINA / The prices of foreign and Iraqi gold decreased on Wednesday in the local markets of the capital, Baghdad, and Erbil.

The selling prices of gold in the wholesale markets on Al-Naher Street in Baghdad this morning were recorded at 651 thousand dinars per mithqal of 21-karat Gulf, Turkish and European gold, with a purchase price of 647 thousand dinars.

The selling price of one mithqal of Iraqi 21-karat gold was recorded at 621 thousand dinars, while the purchase price was 617 thousand.

As for the goldsmiths, the selling price of one mithqal of 21-karat Gulf gold ranged between 655 and 665 thousand dinars, while the selling price of one mithqal of Iraqi gold ranged between 625 and 635 thousand dinars.

In Erbil, prices also witnessed a decrease, as the selling price of 22-carat gold reached about 684 thousand dinars, 21-carat gold reached 653 thousand dinars, while the selling price of 18-carat gold reached about 560 thousand dinars. /https://ninanews.com/Website/News/Details?key=1239845

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

Use This Checklist to See if Your Family is Financially Secure

Use This Checklist to See if Your Family is Financially Secure

By Laura Bogart  April 30, 2025 GoBankingRates

You work hard to take care of your family, and you’re proud to do it. And one of the most important things is making sure your family is financially secure.

But financial security can be tough to define — how do you know when you’ve achieved it? Fortunately, there are some tangible things you can do that will financially benefit you and your family in the long term. Some of them are small, like starting that emergency fund, and others are bigger picture, like sitting down with a professional to look into investment strategies or life insurance packages.

When in doubt, take a deep breath and sit down with this checklist.

1. Build An Emergency Fund

If there’s one thing you know by now, it’s that life happens — and it’s often pricey. Whether you’re hit with a sudden accident, job loss or other blow to your income, you want to know that you’re able to protect your family’s finances when it does. Having an emergency fund is one of the biggest safeguards you can build around your family’s future.

Every month you should be allocating some of your income, as well as any extra funds you get, to a high-yield savings account, with the ultimate goal of putting away at least three months’ worth of expenses — and ideally six months’ worth. But start small and build momentum as you save.

2. Secure the Right Life-Insurance Package

Having the right life-insurance policies insulates your loved ones from financial hardship while presenting you with a unique opportunity to actually grow your wealth. Sitting down with an expert advisor from New York Life can give you personalized guidance about the best policies to keep your family secure.

There are a few main options to consider: Permanent life insurance policies (such as whole life) are designed to provide long-term — often lifelong — coverage. As long as you continue to pay your premiums, your coverage will be there for you whenever you need it.

Term life insurance policies provide temporary protection that lasts for a set period of time. In many cases, the coverage can be renewed, but only up to a specific age, and your premiums will generally go up with each renewal.

The sooner you start the process, the lower your premiums can potentially be, and you have the option to keep them level for five, 10 or even 20 years.

You can also explore a universal or variable universal life insurance policy. Variable universal life¹ gives you the option to invest your funds in the market, giving you an opportunity to grow the cash value of your policy — and the amount you’d be able to leave your loved ones. With the growth potential, of course, there is a market risk.   The best thing to do is talk with an agent to see what makes the most sense for you and your family.

3. Make Sure You’re Insured Against Income Loss

It’s important to plan for the unexpected. If you were suddenly unable to work due to a sickness or injury, you’d want to be sure you could still provide for your family. That’s why it’s important to protect your income with individual disability insurance.

TO READ MORE:  https://www.gobankingrates.com/use-checklist-family-financially-secure-2691266/?hyperlink_type=manual&link_placement=morefrom_link&link_position=7      

Elites Are Repositioning: Gold, Debt, and the Global Reset Already Underway | Nomi Prins

Elites Are Repositioning: Gold, Debt, and the Global Reset Already Underway | Nomi Prins

Kitco News:  7-9-2025

The global financial system is entering a new phase - and Nomi Prins, Founder of Prinsights Global and best-selling author, joins Kitco News Anchor Jeremy Szafron on site at the 2025 Rule Symposium in Boca Raton to break it down.

Prins explains how BRICS nations are challenging dollar dominance through gold accumulation, strategic trade alliances, and parallel monetary systems.

She outlines how China’s sovereign moves are accelerating a long-term shift away from U.S. debt, and why investors should prepare now for what she calls a 'capital redirection decade.'

From central bank actions to political inflection points, Prins shares where this monetary transformation is headed—and why gold, strategy, and timing matter more than ever.

Key Topics:

-The quiet shift away from the U.S. dollar

-China, BRICS, and the rise of gold-backed policy

 -Sovereign demand and what it means for gold

-U.S. fiscal credibility and the next monetary order

-Prins’s framework for navigating financial fragmentation

-What investors need to know now about capital flows

00:00 Introduction

01:25 Central Banks and Gold Investments

 02:45 Economic Distortions and Federal Reserve Policies

05:16 Global Trade and Tariff Impacts

 07:38 Investment Opportunities in Commodities

 09:30 Geopolitical Influences on Markets

14:08 Strategic Investments and Future Outlook

24:46 Conclusion

https://www.youtube.com/watch?v=FcFyYwPvm6M

Wednesday Evening News with MarkZ. 07/09/2025

Wednesday Evening News with MarkZ. 07/09/2025

Some highlights by PDK-Not verbatim

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

Member: Happy Wednesday everyone. Drinks are on the house.

Member: Hope some GREAT bond news tonight!, Mark sounded pretty positive this morning about before the 14th!

​Member: I Won't Be Holding My Breath, But I'm Hoping For: Good, Gooder, Better Or Even Best News ...

MZ: I did get an update from one of the bond folks with an appointment. (We have heard this before) But, they told them they would receive their 1 % this week. They say things went extremely well at closing.

MZ: I heard this second hand…..but,  Someone else mentioned that they were told similar news and were told they would get their settlement this week.

Member: how much would their 1 % be?

MZ: Many millions and in some cases billions. It’s big

MZ: Something else that is curious starts on the 11th of July and goes to the 14thof July. Has your bank told you what this is?

Member: ISO20022?

Member: Fedwire and  Iso 20022 migration?

MZ: Fedwire will be down for 3 days and you are not going to be able to send wires because they are implementing ISO 20022. Fedwire is a Federal Reserve platform . Services will be down starting Friday July 11 through Monday July 14th

MZ: Wouldn’t that be a really convenient time for what we want…..they need money transfers all around the world to be silent with as little banking chatter as possible.   Just curious and is would be ideal timing. .

Member: I got notification from PNC bank ATM and mobile banking shut down those same dates

Member: My bank also down during that period for maintenance

Member: Yes, my bank will be down over 11-13 for maintenance, they say

Member: My wife works at a bank and they are scrambling to get everything finished for ISO 20022. I just smiled when she told me that.

Member: Verizon notified me that they are making changes sometime 7/11 to 7/14

Member: CLARITY Act and GENIUS Act should be done on the 14th too correct?

Member: My bank said closed 11th for parking lot repair

Member: Trump hits Iraq with 30% tariffs as he releases 7 new letters, is this good or bad?

MZ: “Trade confirms Iraqi exports will not be affected by new customs/duties”  A lot of people are wigging out about Trumps letter to Iraq about tariffs. The ministry of trade says it really doesn’t affect them…either their energy projects or economy….. and they support the US decision to balance their trade imbalances. .

MZ: there are a lot of articles from various parliamentary members and economists about this saying they support the US.  

MZ: “IMF Executive Board concludes 2025 article IV consultation with Iraq” They want us to know Iraq has done an amazing job this year amidst regional unrest, war ect……and congratulated them on non- oil revenues and all the modernization of the banking system.

Member: Come on Iraq - let's rv already

Member:  If we are going to a Star Trek future..why don’t we use the teleporter to remove whoever is stalling the RV.

Member: See ya later alligator…..After while crocodile!!

Member: Sweet RV dreams everyone…

Whiskey And Wisdom tonight at 8 pm est

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

https://rumble.com/user/theoriginalmarkz

Kick:  https://kick.com/theoriginalmarkz

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

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

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

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

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

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:   https://www.youtube.com/watch?v=5J_EWFn889M

Bruce’s Big Call Dinar Intel Tuesday Night 7-8-25

Bruce’s Big Call Dinar Intel Tuesday Night 7-8-25  

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight, it is Tuesday, July 8th  and you're listening to the big call. Thanks for tuning in everybody.  It's Sue and Bruce tonight. Sue and Bruce and Bob is on location. He's remote - in the wilderness of Alaska, north to Alaska, and he's up there. I did talk to him today, and he is going to see if he can grab a cell signal Somewhere between 930 and 9:45 tonight, so we'll see if we make it. I hope he does. If not, we'll just get a power on just put our snowshoes on and start walking.

Now, let's get into some intel - All right, Sue. Help me to talk a little bit. Let's get into Intel. What time is it? About 10 minutes of Yeah, seven minutes.Do you remember the other favorite glass talk about the first time it was about, yeah, it was about the med beds and how we get in and all that.

Yeah. Okay, yeah. Okay, all right, let's talk about that first -- Med bed have been, you know, they're in position, they're all over the US, they're in Canada, they're even in Mexico, and they're all in other parts of the world. And I can't tell you the concentration of med beds everywhere else, but I know we've got a ton of them. I think we've got, gosh, how many beds med centers, two med beds in each location.

Yeah, I thought there's like 7500 med bed centers in the US, right? And who knows that number keeps changing going up, there are mobile med bed that they'll be using to drive to people home or to their hospice locations or whatever. I mean .. Those are also quite extensive, and they're mobile units, all right, so here's the latest - the latest thing we've got was that med beds would be available to us by or before the 15th of this month.

Now we do know we need to do our exchange first tell them we need to get into med bed if they can't see it already on you, but will enter the computer that want to go into the med bed --  especially if first priority goes to Zim holders, and the next priority is dire need?

They want the zim holders to live long enough to see fruition in their projects -, 50, 100 200 300 years to see the conclusion of all these projects, and some of them will be ongoing, and there might be no end to them, but the 15th was given as the new date.

 Now some of us have a special dispensation to go in very shortly after the exchange appointment. And that's fine. That's great.

Some of us have that, and some of us are already in the system for when we go into redemption center, they'll check and say, Oh yeah, okay, to you in the system you're in, and they'll enter something about you coming in to the redemption center etc

So med beds are ready for us, and look, they may make an announcement to the rest of the world. Let's put it that way, as early as the 15th, which is a week from tonight, a week from today.

So they may do or it might get pushed back, but we should be good to go shortly after we exchange. Okay, so there's your Med bed, and yes, I have not personally seen it, but my handler has seen them, and we know a little bit about as we've seen we don't sort of operate, what they look like, how they're how the data is going to be entered into the computer, how it's going to all work.

And I can just tell you this much, when that clam shell cover closes a foot and a half a little pad on the med bed so there's no claustrophobia. It doesn't close down on you. It's not like a CT scan or anything like that. It's totally wide open, and it does what it needs to do without giving you any claustrophobia.

Don't worry about that. All right. Now, let's move on to the next point about Canada. Will Alberta? Of Alberta? Will it succeed from Canada? There’s talk about it -

 They're set up, they're got a referendum, if they get enough signatures that people in Canada that want to leave Canada and join the United States.

Let's see what else. So let's talk about Canada. Canada has a number of redemption centers. Do they have one in Moose Jaw sets Saskatchewan? I don't know.

I don't know. But you know, concetration of population in Canada, for the most part, is in the first 100 miles north of US / Canadian border. So major cities obviously would have redemption centers.

The group that is over the redemption centers for Canada is primarily HSBC, but it probably is staffed by people from RBC, Royal Bank of Canada, and also Scotia Bank and maybe some other things for that matter.

 But the trick is to call the 800 number that I will get and see what they say about your weird thing is, your zip code is not you know where you have the letter numbers in your zip code. We just have numbers here.

But anyway, whatever you can do, try to go to a redemption center and set an appointment, just like we're going to do stateside. And if you're Canadian, don't try to come down with currency into the United States. It could be seized - , let's just say arrested,  and if you are coming up from Mexico -  don’t even think about it – trying to bring currency in to the United States to exchange it – forget about it  - or you will be arrested  and your  current currency seized  okay?  Do it in your own country

Because when GESARA kicks in -  everybody that is a citizen of Canada gets GESARA  money, everybody in Mexico and all the other countries in Central and South America, get GESARA money's spread around. Okay, now, when you are in the US put on what we call this, our N, E, S, A, R, A, and that's going to happen and roll out -

My understanding is there could be a change to this. Will roll out September and the end of the year, I can’t tell you exactly what is going to happen when so don't look for NESARA to roll out immediately. However, we do have an asset backed currency.

And I think I told you guys Thursday that all countries in the world are to have asset backed currencies now, which means they're backed by in ground assets are in the country like, for example, gold, silver, palladium, platinum, copper, other metals that are important also by oil, natural gas.

In our space, we have intellectual property, patents, all of that stuff has values, and all of that is part of the assets that are backing our USN currency

So for Canada, just make sure that you try my separate for Canada in your emails, because I know that I heard that at one point that there would be a separate 800 number for Canada, separate From Mexico.

Now, if you're in Mexico and on south into Central and South America, the lead bank is Santander Bank is what we would call it in English. Uncle Santander is a major bank, the Spanish bank from Spain, and they've got branches throughout America.

Get with but I think you'll still, I believe you'll have redemption center in Central and South America, specifics about it, like I have in Canada. It seemed like in Canada we had something in vicinity 1500 to 1700 redemption centers.

So and these numbers can change, but the benefit of using the redemption center, as opposed to just any old bank, is the rates are going to be better at the return, certainly on the Zim, they'll be the only people that can exchange or redeem the zim.

And secondly, the dinar will have contract rate here in the United States. I don't think it's going to happen everywhere else. I think it's just for us that we get a contract rate on dinar.

Let's talk briefly. We heard today that, well, we heard yesterday that, and then  had raised on redemption center screen.

Don't know about the banks, the redemption center had half we anticipate that all currencies and their 24 total currencies that would be going up significantly in value. All four of those should be up on the screen tomorrow at the redemption center. That's what we're hearing from center operative.

 Now. Another thing that we're hearing, and by the way, we know a bit about Canada  because you have backed a number of redemption centers in Canada, so we do talk to him. The other piece that's interesting for me, is there is information from another redemption center leader  over 8 redemption centers - in the United States,  and he is saying that we should exchange  by Thursday  i i

Do either today or tomorrow. Hasn't happened yet today, but I'm thinking it could very well on Wednesday, with us setting our appointment and going in for exchanges on Thursday. Okay, so that is really the most pertinent information that we're all looking to have.

We have heard, I told you guys last Thursday that Social Security increases would be as low as 90% above now that are 65 years old now, higher up to 110% if you are 70 and  older, 110% of what Your currently receiving now –

 Now will it occur this month? Well, tomorrow's Wednesday, second. Wednesday, people in the US, I don't know, maybe, maybe not.

 I don't know what happened in on the second. I don't know. I haven't heard a report anybody that's the first Wednesday on the second, having been paid an additional 85/90 - 110% so I'm going to hold off. Say, I don't know for sure, but we thought, or we were told, that the increase would occur in the month July. Well, could they make an extra payment in July for those in the first week? Yeah, they could.

So we will let that one lay - we don't know - that's the least important for us anyway  -- RV – get the 800 number – setting your appointment – going in for your exchange -

The R&R has been approved in the big, bad, beautiful bill, I add that extra b  on it – The Big Beautiful Bill -  is supposed to be in there. I've been told it is, and so  is the DOGE payment. Those are going to be significant numbers, so we'll see what happens on that, and we'll see if they're included this month

So let's see, is there anything?  Sue? Is there anything that you can think of that we need to talk about? Because I think that's all the basic intel that I have.

I think it is yeah.

We'll  have a call on Thursday. I hope it's a celebration. Call you guys. I hope so. Listen, I'm looking for the 800 number -  coming to me any day now. and when it does, we will put it out on the website, and we'll also send out a group email to everybody that registered that wants the toll free number from  Big call universe . Okay.

Now will you be getting an email from Wells Fargo?  yeah, they have, they got the list, they know, and they'll be sending those out with the 800 number. So we're looking for that, but we've also, kind of, there are some people that they might not have the email from maybe you've changed your email, and if you have, you know, let us know you haven't changed it. We've got you if you've already registered,

That's  all I had to say tonight.

 I want to thank Sue.  Thank Bob. Hope he's having a good time this afternoon. I know he is, and hopefully we'll get talked to him on Thursday, so everybody have a good night

Bruce’s Big Call Dinar Intel Tuesday Night 7-1-25 REPLAY LINK   Intel Begins   1:52:42

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHM7A

Bruce’s Big Call Dinar Intel Thursday Night 7-3-25 REPLAY LINK   Intel begins   1:14:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHMRS

Bruce’s Big Call Dinar Intel Tuesday Night 7-1-25 REPLAY LINK   Intel Begins   1:20:20

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH22T

Bruce’s Big Call Dinar Intel Thursday Night 6-26-25 REPLAY LINK   Intel begins   1:09:30

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Bruce’s Big Call Dinar Intel Tuesday Night 6-24-25 REPLAY LINK   Intel Begins   1:09:29

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Bruce’s Big Call Dinar Intel Thursday Night 6-19-25 REPLAY LINK   Intel begins   1:03:03

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Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 7-9-25

Good Afternoon Dinar Recaps,

No BRICS Currency Planned, Says Group’s Envoy

Despite ongoing de-dollarization efforts, the BRICS alliance has no plans to launch a new joint currency, according to Brazil’s Ambassador to India, Kenneth Felix Haczynski da Nobrega. The statement follows the 17th BRICS Summit in Rio de Janeiro (July 6–7, 2025), where the focus shifted to trade in local currencies rather than creating a shared alternative to the U.S. dollar.

No BRICS Currency — Only Local Settlement Initiatives

“To speak of a BRICS currency… that is something that does not exist,”
— Kenneth da Nobrega, Brazilian Ambassador to India

Contrary to previous speculation, no BRICS-wide digital or fiat currency was discussed at the recent summit. Instead, BRICS members — which now include Brazil, Russia, India, China, South Africa and several newer entrants — are choosing a pragmatic approach: encouraging trade settlements in local currencies.

This move will be conducted on a “voluntary basis”, with the aim of reducing reliance on the U.S. dollar in cross-border trade. Nobrega emphasized this strategy is not a direct attack on the dollar, but rather an expansion of available trade options.

Local Currency Use Gains Momentum

“What we are envisaging is stimulating businesses of BRICS countries to adopt local currencies as an option for conducting trade,” Nobrega explained. “This will be on a voluntary basis... just one more option, not a move against the dollar.”

The statement aligns with earlier remarks from Russia, which reported that 90% of its BRICS trade is already settled in local currencies.

This signals a growing trend across the bloc: de-dollarization by decentralization — empowering nations to transact in their own currencies rather than developing a complex and potentially controversial joint currency.

Why No BRICS Currency Yet?

According to the Ambassador, creating a BRICS currency is simply not feasible at this stage:

• A new tender would require a robust legal and financial framework

• The proposed currency would need global acceptance and forex credibility

• Building such trust would take years of coordinated effort — something the bloc is not prepared to undertake now

For now, the strategic focus is on building mechanisms for local currency usage, which are easier to implement and less politically sensitive.

BRICS Pushes for a Multipolar Financial System — Without a Single Currency

While a joint BRICS currency isn’t on the table, the broader mission remains: reshape the global financial order into a more multipolar and inclusive system.

• The Rio summit saw member nations calling for fairer global trade practices

• The emphasis was placed on sovereign monetary policies and regional payment infrastructure

• Moves like the expansion of the BRICS New Development Bank are reinforcing financial independence

Conclusion: No New Currency — But De-Dollarization Marches On

While some anticipated a BRICS currency rollout to rival the U.S. dollar, the alliance has made clear its current path: voluntary trade in local currencies, not a shared tender.

This shift offers flexibility, respects member sovereignty, and lowers the risk of geopolitical backlash — all while chipping away at dollar dominance through incremental, cooperative de-dollarization.

@ Newshounds News™
Source: Watcher.Guru    

~~~~~~~~~

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