Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 7-30-25
Good Afternoon Dinar Recaps,
Crypto Policy Crossroads: Senate Pushes Digital Asset Frameworks for Markets and Mortgages
Digital regulation gains momentum as lawmakers weigh oversight frameworks and new use cases
Senate Committee Unveils Digital Asset Regulation Framework
In a pivotal move for U.S. digital asset oversight, the Senate Banking, Housing, and Urban Affairs Committee has released a Discussion Draft aimed at formally regulating the crypto ecosystem. The proposal introduces foundational definitions, seeks jurisdictional clarity between federal agencies, and proposes comprehensive guardrails for stablecoins and digital asset intermediaries
Good Afternoon Dinar Recaps,
Crypto Policy Crossroads: Senate Pushes Digital Asset Frameworks for Markets and Mortgages
Digital regulation gains momentum as lawmakers weigh oversight frameworks and new use cases
Senate Committee Unveils Digital Asset Regulation Framework
In a pivotal move for U.S. digital asset oversight, the Senate Banking, Housing, and Urban Affairs Committee has released a Discussion Draft aimed at formally regulating the crypto ecosystem. The proposal introduces foundational definitions, seeks jurisdictional clarity between federal agencies, and proposes comprehensive guardrails for stablecoins and digital asset intermediaries.
This marks a shift from fragmented enforcement to a structured legislative path, with implications for how exchanges, custodians, and token issuers will operate in the years ahead.
Key Elements of the Draft Legislation
Defined Classifications of Digital Assets:
The bill distinguishes between payment stablecoins, digital commodities, and securities, creating tailored compliance expectations for each.Clarifying SEC vs. CFTC Authority:
Digital commodities would fall under CFTC jurisdiction, while the SEC would retain authority over assets resembling investment contracts, especially those with profit expectations tied to a third party’s efforts.Stablecoin Oversight and Reserve Requirements:
Issuers would face federal registration and strict prudential standards, including full reserves in eligible assets, regular audits, and anti-money laundering (AML) protocols—drawing parallels with the Lummis-Gillibrand Payment Stablecoin Act.Consumer Disclosures:
Retail-facing platforms would be required to deliver a standardized “digital asset disclosure form,” mirroring mutual fund prospectuses to inform users about risks, fees, and legal standing.Custody and Commingling Protections:
Intermediaries would be barred from mixing customer funds with corporate assets, with enhanced custody and recordkeeping practices designed to avoid failures akin to FTX.
Reactions and Outlook
The industry has responded with cautious optimism, welcoming the move toward regulatory clarity. However, concerns remain over the breadth of federal reach, especially as it pertains to software developers and decentralized protocols.
Regulatory agencies are divided. While the CFTC supports expanded authority over digital commodity markets, the SEC continues to assert a broad view of its existing jurisdiction.
Although still in discussion phase, the draft opens the door for bipartisan negotiations, and could intersect with parallel bills such as the GENIUS Act and the CLARITY Act, both of which aim to modernize digital asset laws.
Crypto Assets in Homeownership? Lummis Targets Mortgages Next
In a surprising intersection of crypto and housing finance, Senator Cynthia Lummis (R-WY) has introduced the 21st Century Mortgage Act, a bill that would allow cryptocurrencies to be considered as assets during mortgage evaluations.
The legislation would codify a June 2025 directive from the Federal Housing Finance Agency (FHFA), which instructs government-backed mortgage purchasers like Fannie Mae and Freddie Mac to explore incorporating digital assets in loan risk assessments.
“This legislation embraces an innovative path to wealth-building, keeping in mind the growing number of young Americans who possess digital assets,” said Senator Lummis.
A Generational Wealth Tool – Or a Risk Factor?
The proposal comes amid generational shifts in asset ownership. According to U.S. Census data, homeownership among Americans under 35 sits at just 36% as of Q1 2025—well below historical averages.
The bill would allow crypto-holding borrowers to leverage their digital wealth without converting to fiat, offering a new route to homeownership. However, Senate Democrats have raised concerns, citing crypto's volatility and liquidity risks that may complicate borrower stability.
In a July 24 letter, several lawmakers urged FHFA Director William Pulte to fully examine the systemic implications of such a move.
Momentum Builds Across Chambers
The 21st Century Mortgage Act is one of several crypto bills expected to be discussed after the Senate’s August recess. Others include:
A market structure bill that defines how crypto assets are traded and regulated.
A House-passed bill barring the Federal Reserve from launching a central bank digital currency (CBDC).
A House companion bill, the American Homeowner Crypto Modernization Act, introduced by Rep. Nancy Mace (R-SC), which also mandates that mortgage lenders consider digital asset balances held on registered exchanges.
Globally, similar initiatives are taking shape. Australia-based Block Earner recently announced Bitcoin-backed mortgage offerings, following a court ruling that its crypto lending services did not qualify as financial products under Australian law.
Conclusion: Crypto Enters the Regulatory and Housing Mainstream
From stablecoin regulation to mortgage underwriting, digital assets are entering formal policy discussions across U.S. institutions. The Senate’s regulatory proposals reflect a maturing market landscape—one that increasingly demands legal clarity, consumer protection, and financial integration.
While significant hurdles remain, these legislative developments suggest that digital assets are no longer peripheral. They are becoming part of the financial system’s foundation—not just as speculative investments, but as tools for access, collateralization, and wealth-building.
@ Newshounds News™
Sources:
~~~~~~~~~
White House Readies Crypto ‘Regulatory Bible’ Amid Push for Strategic Bitcoin Reserve
New report expected to define U.S. digital asset rules for years to come
The White House is preparing to release a sweeping report this week that industry leaders have dubbed a “regulatory Bible”—a document expected to shape U.S. crypto policy and rulemaking for the foreseeable future.
The report stems from a January 2025 executive order by President Donald Trump establishing the President’s Working Group on Digital Asset Markets, tasked with delivering a detailed roadmap on how federal agencies should approach the evolving digital asset economy. The working group includes Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and SEC Chair Paul Atkins, among others.
While the contents of the report have not been officially released, early insights suggest it will influence every major regulatory decision over the next three and a half years.
“This will dictate every rulemaking or guidance document that comes out,” said Cody Carbone, CEO of The Digital Chamber, in an interview with The Block. “I do think it is a big deal.”
Legislative Context: A Convergence of Bills and Executive Strategy
The timing of the report coincides with a flurry of congressional activity. In mid-July, the House passed both a stablecoin oversight bill and broader digital asset market regulation, sending them to the president’s desk or over to the Senate for reconciliation.
Senate Republicans have targeted September 30 as a date to vote on a companion digital asset bill. The White House report is expected to fill critical regulatory gaps, guiding both federal agencies and lawmakers as they refine legislative proposals like the GENIUS Act, the CLARITY Act, and emerging digital payment infrastructure bills.
Carbone noted that the report may also revisit or repeal prior agency guidance, helping to standardize how platforms, issuers, and consumers engage with digital assets.
Bitcoin Reserve Still Uncertain, But a Priority
One of the more ambitious proposals under discussion is the creation of a U.S. strategic bitcoin reserve—a concept floated by President Trump in a March 2025 executive order. That order tasked key administration officials with exploring budget-neutral strategies to acquire and manage a digital asset stockpile, including bitcoin, without adding cost to taxpayers.
However, sources indicate the upcoming report does not yet include language on the bitcoin reserve, although that could change prior to publication.
“Nothing is set in stone,” Carbone said. “But I’m hoping the report will shed light on how the administration plans to acquire bitcoin and what a stockpile would include.”
Industry Expectations: Tax Policy and Tokenized Securities in Focus
Alongside regulatory clarity, tax treatment of digital assets ranks among the industry’s top priorities.
The Digital Chamber submitted a letter to Bo Hines, Executive Director of the Presidential Council of Advisers for Digital Assets, emphasizing key industry needs:
Clear and consistent tax guidelines for digital asset transactions and holdings.
A legal framework for tokenized securities and digital commodities.
Harmonized federal oversight across agencies, avoiding duplicative compliance burdens.
“Tax clarity is number one,” Carbone said. “That needs to be one of the foundational portions of this report and where Washington leans in.”
A Pivotal Moment for U.S. Crypto Policy
Industry leaders are treating the forthcoming release as a watershed moment in U.S. digital asset policy.
“We look forward to the release tomorrow... a significant milestone following this year’s executive order on digital assets,” said Summer Mersinger, CEO of the Blockchain Association.
“While most of the actions have been agency or Congress driven, the White House’s prioritization of crypto has been evident,” added Ron Hammond, head of policy and advocacy at Wintermute.
A briefing is scheduled for 2:30 p.m. Wednesday, involving both government officials and select industry stakeholders. It remains unclear whether the full report will be released before or after the session.
If fully realized, the report could define a national crypto strategy—from regulatory harmonization to strategic asset acquisition, tax reform, and digital infrastructure development. As the federal government accelerates its crypto policymaking, the industry is now positioned at a critical juncture between legitimacy and liability, growth and governance.
@ Newshounds News™
Source: The Block
~~~~~~~~~
BlackRock Endorses Stablecoins as Key to Strengthening U.S. Dollar Dominance
GENIUS Act Seen as Dual Catalyst for U.S. Treasury Demand and Global Dollar Supremacy
BlackRock, the world’s largest asset manager with over $12.5 trillion in AUM, has added its voice to a growing chorus of analysts and policymakers suggesting that stablecoins could significantly enhance the U.S. dollar’s dominance in a rapidly digitizing global economy.
In a recent weekly commentary, BlackRock strategists praised the newly established U.S. stablecoin regulatory framework as a "step in the right direction" for the dollar. Their position reinforces the narrative that tokenized versions of the U.S. dollar, under proper regulation, could extend the reach of America’s fiat currency into new international use cases—including on-chain institutional settlement.
“Tokenized forms of the U.S. dollar will bolster its dominance, especially as institutional transactions move on-chain,” BlackRock noted.
“Stablecoins are part of the future of finance.”
GENIUS Act Ushers in First-Ever Federal Crypto Framework
The commentary follows passage of the GENIUS Stablecoin Act, the first federal crypto bill to be signed into law in the United States. The bipartisan legislation provides a regulatory blueprint for stablecoin issuers and outlines strict reserve requirements intended to strengthen market confidence and tie stablecoins directly to U.S. financial infrastructure.
BlackRock analysts highlighted that the law’s mandate for stablecoin issuers to hold reserves in U.S. Treasuries, money market funds, and repurchase agreements will generate a dual benefit:
Boost demand for short-term U.S. debt instruments, and
Enhance the credibility and attractiveness of stablecoins in both domestic and international markets.
From Under $50B to $273B: Stablecoins Enter Institutional Era
The stablecoin market has expanded from under $50 billion in 2021 to $273 billion as of July 2025, with rapid institutional integration now underway. The two largest stablecoin issuers—Tether and Circle—currently hold a combined $120 billion in U.S. Treasury bills, already representing 2% of the $6 trillion Treasury market.
As stablecoins gain traction across emerging markets, cross-border payments, and decentralized finance, BlackRock expects their share of Treasury demand to grow significantly, potentially reshaping liquidity flows in short-term government securities.
Dollar’s Digital Edge: First-Mover Advantage in Global Payments
While the U.S. dollar already dominates global trade, the rise of Bitcoin and other non-sovereign digital assets poses new challenges to fiat relevance. Stablecoins, especially those pegged to the U.S. dollar, offer a strategic counterbalance—allowing the greenback to maintain its primacy within blockchain-based financial systems.
“Stablecoins expose the dollar to entirely new digital use cases,” BlackRock stated, especially in jurisdictions where local currencies are unstable or access to U.S. dollars is restricted.
However, the firm cautioned that a prohibition on interest-bearing stablecoins—included in the GENIUS Act—could limit their appeal in certain major markets, particularly those where competitive yield is essential for adoption.
Bitcoin's Parallel Role: Risk, Return, and Digital Hedging
In the same analysis, BlackRock acknowledged that Bitcoin will also play a crucial role in the digital financial future—but as a risk asset rather than a stable store of value. While the firm has promoted BTC through its iShares Bitcoin Trust (IBTC) and other financial instruments, BlackRock continues to position Bitcoin as complementary to stablecoins, not a replacement for fiat.
The firm’s growing footprint in both tokenized assets and digital infrastructure aligns with its broader push to modernize capital markets through blockchain rails, tokenized securities, and programmable money.
Conclusion: GENIUS Act as a Catalyst for U.S. Financial Dominance
BlackRock’s analysis underscores a broader reality taking shape: stablecoins, when regulated effectively, are not threats to sovereign money—but vehicles for extending its reach. The GENIUS Act represents not only a breakthrough in digital asset policy, but also a strategic maneuver in currency diplomacy, ensuring the U.S. dollar remains embedded in the next generation of global finance.
As demand for digitally native, regulated, dollar-backed assets rises, the GENIUS framework—and the market it enables—could redefine the contours of both monetary power and international trade.
@ Newshounds News™
Source: The Crypto Basic
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
The $1 Quadrillion Time Bomb, Dollar Endgame, and Post-Collapse Hope
The $1 Quadrillion Time Bomb, Dollar Endgame, and Post-Collapse Hope
Liberty and Finance: 7-29-2025
In a recent interview with Liberty and Finance, financial analyst Phil Low explains that the derivatives complex, a financial instrument worth over a quadrillion dollars, sits atop the global financial system as the peak of Exter’s inverted pyramid.
This complex, often hidden from public view and off the books of financial institutions, represents a staggering amount of off-balance-sheet financial bets that threaten to bring down the entire system if they begin to unravel.
The $1 Quadrillion Time Bomb, Dollar Endgame, and Post-Collapse Hope
Liberty and Finance: 7-29-2025
In a recent interview with Liberty and Finance, financial analyst Phil Low explains that the derivatives complex, a financial instrument worth over a quadrillion dollars, sits atop the global financial system as the peak of Exter’s inverted pyramid.
This complex, often hidden from public view and off the books of financial institutions, represents a staggering amount of off-balance-sheet financial bets that threaten to bring down the entire system if they begin to unravel.
Derivatives, such as options, futures, and swaps, are financial instruments that derive their value from an underlying asset or security, such as stocks, bonds, or commodities.
While these instruments can be used to hedge risk and manage exposure, their complexity and the potential for misuse have led to concerns about their impact on the stability of the global financial system.
The derivatives market’s rapid growth is not a failure of capitalism, as some might argue, but rather a distortion caused by central banks enabling infinite credit expansion without market discipline. Central banks, particularly the U.S. Federal Reserve, have pursued policies of ultra-low interest rates and quantitative easing, which have fueled asset bubbles and encouraged excessive risk-taking by financial institutions. This has led to a massive buildup of leverage and speculative bets in the derivatives market.
If the derivatives market were to begin unraveling, through margin calls or a refusal to extend credit, it could instantly freeze the financial system. In such a scenario, the Federal Reserve would be forced to print trillions of dollars overnight just to keep the system afloat. This has led some to question the sustainability of the current system, which relies on constant intervention by central banks to prevent collapse.
In a true free market, institutions would bear the consequences of their risk-taking, but under the current system, the losses are socialized while the profits remain private.
Unless we restore sound money and allow markets to self-correct, this vast structure of speculative leverage teeters ever closer to collapse.
To prevent a potential catastrophe, it is crucial to address the root causes of the problem, including excessive leverage, moral hazard, and the distorting effects of central bank policies. This may require a fundamental rethinking of the role of central banks in the global economy and a return to sound money principles that prioritize market discipline and stability over short-term gains.
In conclusion, the derivatives complex represents a quadrillion-dollar time bomb that threatens to bring down the global financial system.
To prevent a potential collapse, we must address the underlying causes of the problem and restore sound money principles that prioritize market discipline and stability over short-term gains. Watch the full video from Liberty and Finance for further insights and information on this critical issue.
Coffee with MarkZ, joined by Andy Schectman. 07/30/2025
Coffee with MarkZ, joined by Andy Schectman. 07/30/2025
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning- Someone make a phone call, I’m ready for this to pop!
Member: RV there yet???????
Coffee with MarkZ, joined by Andy Schectman. 07/30/2025
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning- Someone make a phone call, I’m ready for this to pop!
Member: RV there yet???????
MZ: Starting with Iraqi news: “Al-Harki: the oil agreement between Baghdad and Erbil is a step towards the approval of the Oil and Gas Law” We have been told over and over again that the oil and gas law is the key. We have a clear steady step in that direction.
MZ: Many are thinking that this agreement should give us the Oil and Gas Law very quickly.
MZ: “Central Bank of Iraq: Decline in public expenditure and stability of domestic debt” Think of this as their version of “DOGE” They have started electronic payments so salaries go out digitally. No more stealing. They have managed to cut 10% by cleaning things up and getting rid of the grift.
Member: no more 3 payments to the same person with different names
MZ: “Minister of Planning announces a reduction in the poverty rate to 10.8 during 2024” They have come a long way over the last few years. They are better than the US who has 11.1% poverty.
Member: Mark, who would have ever dreamed that Iraq would be our example??
Member: Yes, Iraq out performs the US and many other countries with regard to inflation, poverty, debt, and all markets per capital, and yet we have no control over them, revaluing their currency?
Member: Get this RV going Iraq...!!!
MZ: This is interesting. “The clash between fiscal and economic policy” Video …..They are talking about Trump , Powel and the Federal Reserve and the US Treasury. The suspicions that they are domesticating the Federal Reserve and they are openly discussing putting the oversight directly under the US Treasury. This means they could audit it and take a look at it. This is what the Trump Administration is pushing for the Federal Reserve. It is time to audit the Fed.
MZ: This economist is talking about the “Quiet Takeover” of the Federal Reserve by the Trump Adminsitration and the US Treasury. Moving power back to the US Treasury where it constitutionally belongs.
Member: I listened to the clip It was exciting hinting at more control to Treasury
Member: What will they do with the FED bldg after the FED is gone ?
Member: Federal Reserve Act was passed on Christmas break after most of Congress had left DC .. It would have never become law otherwise .. more political shenanigans ...
Member: The Tsunami is here, the "financial tsunami"....the comms are off the charts right down to Aug 1st
Member: IMO Gold backed and commodity asset backed is the only way really to get us out of this mess
Member: I just want a large enough announcement to unstuck us
MZ: Unfortunately I do not have a bond update for you….but there is still huge expectations …just no news. Maybe I will have more news by tonight. I did get an update from a group contact that he was told to travel. He just landed out west yesterday evening.
Member: Maybe no news is good news?
Member: Trump just slapped a 25% tariff on India, hopefully that'll put us up to 750 billion to get rid of taxes
Member: I'd be happy if just the IRS went away if the rv still has a long way to go
Member: Anyone ready to go on an RV trip??
Member: Thanks Mark, Mods and Andy…..Hope everyone has a great day.
Andy Schectman from Miles Franklin joins the stream….Please listen to the replay for his information and opinions.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS! FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
News, Rumors and Opinions Wednesday 7-30-2025
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. 30 July 2025
Compiled Wed. 30 July 2025 12:01 am EST by Judy Byington
Tues. 29 July 2025 Wolverine: I can only say certain things as most is confidential. All my sources are not talking as they might be under NDA. What we know is that payment will start this week. There were certain delays (not surprised) but nothing will stop this as any day we will be celebrating. Please have faith …..especially the people that are suffering economically and health wise. God bless. Wolverine
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. 30 July 2025
Compiled Wed. 30 July 2025 12:01 am EST by Judy Byington
Tues. 29 July 2025 Wolverine: I can only say certain things as most is confidential. All my sources are not talking as they might be under NDA. What we know is that payment will start this week. There were certain delays (not surprised) but nothing will stop this as any day we will be celebrating. Please have faith …..especially the people that are suffering economically and health wise. God bless. Wolverine
Tues. 29 July 2025 Bruce:
Today one of the Redemption Center Leaders said an email that was received this morning said we should receive the numbers after 10am tomorrow Wed. 30 July. It could be 10 to noon or 2 pm.
They (allegedly) want the appointments done by Fri. 15 Aug.
Some banks say you will get $10 on the Dinar, but how about more at a Redemption Center?
They will verify your currencies on a De La Rue machine.
You’ll (allegedly) get a QFS Card, a five digit pin code, new email and password and a Qphone. You’ll need all those things to get into your QFS Account. The Qphone works off the Starlink system.
Your R&R will be in your QFS Account already.
DOGE payments are still meant to be coming out on the Fri., Sat, Sun, 1,2,3 of August.
Social Security increases will come in the month of August.
Most all exchanges will be done by the middle of Aug.
By Mon. 4 August the public may be notified on how to get their QFS Account.
~~~~~~~~~~~~
CONTINUATION: THE FINAL SEVERING …Mr. Pool on Telegram
Behind the veil, the Global Currency Reset is being finalized.
– Gold-backed currencies have been mirrored into QFS nodes
– Debt instruments nullified through sovereign treaties
– Hidden wealth and stolen assets seized for redistribution
– Redemption centers are secured and synchronized
The transition is not coming. It has already begun.
The Global Military Alliance is not a theory. It is active. They have reclaimed the codes. They have retaken the vaults. They are preparing the world for the post-fiat reality — a system of value, truth, and natural law.
Read full post here: https://dinarchronicles.com/2025/07/30/restored-republic-via-a-gcr-update-as-of-july-30-2025/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick This is a fact. There will be an interruption in banking services prior to a new rate being released. That interruption will be short-lived after banking hours leading up to a new currency being introduced when normal banking hours resume. There will also be a pause on their stock market...transfers...Western Unions and all financial services.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy said at work [the Iraq bank] they have talked to us about a system lockout and how this would be all of Iraq when this happens. They're saying it's going to be for maintenance. We have never had a maintenance lockout like this before. We don't know the time or the date...We're hearing about this at work and we guess when the time is right they going to announce to everybody the citizens...This is unusual. FRANK: I too have never seen a pause like this before. It's usually for an audit for the start of a quarter but this is different. It feels different...smells different. This is the perfect window being created unexpectedly to introduce or do something different. This is a break in the pattern of your banking system...
The President Tells the Truth About Currency
Edu Matrix: 7-30-2025
The U.S. President Tells the Truth About Currency - He tells us why countries do what they do. The video connects the dots to the VND and IQD which the President did NOT mention by name. He only speaks about Japan and China.
Donald Trump Says Weaker Dollar Makes U.S. 'A Hell Of A Lot More Money' Than Stronger Currency https://www.youtube.com/watch?v=veo6ksI5H8c
Iraq Economic News and Points To Ponder Wednesday Morning 7-30-25
Government Advisor: Electronic Transformation Contributed To Lowering The Dollar Exchange Rate.
Baghdad - INA - Amina Al-Salami The Prime Minister's financial advisor, Mazhar Mohammed Saleh,
confirmed on Tuesday that the expansion of electronic transactions has contributed to reducing speculation and unreal demand for the dollar, which has lowered its price on the parallel market.
He also indicated that reliance on digital payment tools has led to a decline in the volume of cash dollar trading.
Government Advisor: Electronic Transformation Contributed To Lowering The Dollar Exchange Rate.
Baghdad - INA - Amina Al-Salami The Prime Minister's financial advisor, Mazhar Mohammed Saleh,
confirmed on Tuesday that the expansion of electronic transactions has contributed to reducing speculation and unreal demand for the dollar, which has lowered its price on the parallel market.
He also indicated that reliance on digital payment tools has led to a decline in the volume of cash dollar trading.
Saleh told the Iraqi News Agency (INA):
"The expansion of the use of bank cards and electronic transactions has contributed to reducing the margin of speculation and the unreal demand for the dollar, especially after linking transfer operations and trade finance to digital data and pre-verification of documents, such as the advance customs declaration."
He indicated that "citizens' reliance on digital payment tools, both locally and during foreign travel, has led to a decrease in the volume of cash trading in dollars outside the official system."
Saleh explained that "this has begun to have positive impacts at the international level, given Iraq's membership in the Middle East and North Africa Financial Action Task Force (MENAFATF), a regional organization established in 2004 that works to combat money laundering, terrorist financing, and the proliferation of weapons in the region, in line with the 40 recommendations issued by the Financial Action Task Force (FATF) in Paris."
He pointed out that "Iraq, through its digital advancements, has made tangible progress, particularly
++with enhanced compliance with the requirements of the Financial Action Task Force and international compliance practices.
This has positively impacted Iraq's current stable credit ratings and opened up broader horizons for better engagement with global correspondent banks,
as we can see from the decline in the dollar exchange rate against the official rate in the parallel market in recent months." He emphasized that
"modern electronic technology can be leveraged in Iraq through three complementary paths, the most important of which, based on the government's program, is the
digital transformation of public finances and economic governance, which includes several directions, including:
automating taxes and customs to maximize non-oil revenues,
digitizing government contracts, and
distributing support to eligible groups,
in addition to
enhancing transparency and
combating corruption through the presence of a digital fingerprint for every transaction."
Regarding innovation and small business technology, Saleh noted that
"digital technology development paths are taking on more modern dimensions,
most notably supporting digital entrepreneurship, such as
e-commerce,
delivery apps,
distance learning, and others.
This is in addition to financing startups in the fields of
artificial intelligence,
smart agriculture, and
solar energy, in addition to building digital platforms for vocational training and market access."
He added, "There is a trend toward transitioning to a data and knowledge economy in close conjunction,
through the establishment of national data centers, the use of artificial intelligence in planning,
and the enhancement of internet infrastructure and the achievement of equitable access to it in accordance with global standards for digital justice.
We also emphasize the importance of supporting the higher education sector in digital and technical specializations."
He pointed out that "these trends will undoubtedly contribute to creating sustainable jobs, reducing operating costs, and increasing the productivity of the national economy in a promising digital era for Iraq." https://ina.iq/ar/economie/239703-.html
Government Advisor: Localizing The Pharmaceutical Industry Saved More Than $1 Billion Annually.
Baghdad – INA Hamoudi Al-Lami, the Prime Minister's advisor for industry and private sector development, revealed significant developments in the field of localizing the pharmaceutical industry in Iraq on Tuesday.
While noting that localization has saved more than $1 billion annually,
he confirmed that 34 factories are currently operating at full capacity and that there are 178 applications to establish pharmaceutical factories. Al-Lami told the Iraqi News Agency (INA):
“Since the first week of its formation, the government has begun implementing a program to localize the pharmaceutical industry.
The Council of Ministers issued decisions in 2023 supporting this trend,
whether for existing projects by expanding them or by providing facilities for new projects,
by granting loans to investors wishing to establish new factories or develop their existing projects.”
He added, "The government has provided facilities regarding the required guarantees, including opening credits guaranteed by production lines.
The Cabinet's decisions also included measures to support the provision of raw materials needed to operate existing and future industrial projects, in addition to reviewing the prices of medicines purchased by the Ministry of Health from national factories.
Prices have been more than doubled,
which has led to an increase in the value of contracts with the General Company for Drug Marketing from 144 billion dinars at the beginning of the government's term to more than 600 billion dinars so far.
This represents the value of locally produced medicines and constitutes about a quarter of the cost of imported medicines, which means saving more than a billion dollars annually so far."
He confirmed that "the number of applications to establish pharmaceutical and medical supplies factories has reached 178 by July 1, up from 100 previously.
These applications include factories for the production of medicines, medical supplies, surgical sutures, intravenous solutions, syringes, and other medical devices, thanks to the government support provided to investors."
He explained that "the number of pharmaceutical factories producing in the country has increased to 34, compared to 22 factories when the current government was formed.
This is the same number that has remained since the establishment of the first pharmaceutical factory in 1956 until the formation of this government." He explained that
"the new factories are operating at full capacity and have contributed to increasing the coverage rate of locally produced medicines." Al-Lami explained that
"locally produced medications are subject to the highest international standards,
the same specifications as those approved globally.
They are also subject to strict pharmaceutical oversight using the latest technologies.
Clinical trials are underway for complex medications, such as those for blood diseases and cancer,
which have begun to be produced locally after technology transfer from international companies."
He concluded his remarks by saying,
"The Prime Minister's directives emphasize that the effectiveness and safety of pharmaceutical production are a red line," noting that, "during the tenure of the current government, 38 new medications have been added to treat high blood pressure, 33 new medications to treat diabetes, and 58 types of antibiotics covering the needs of adults and children in various forms.
Local production of 25 cancer medications has also begun through technology transfer." ttps://ina.iq/ar/economie/239730-.html
Experts: Economic Partnerships Are An Important Step To Drive Development.
Economic 2025/07/30 Baghdad: Shukran Al-Fatlawi Economic experts have commended the government's efforts to revive bilateral partnerships with international capital and organizations, stressing that this step will increase sustainable development rates and boost Iraq's production capacity in various fields.
They noted that the Development Road project is one of the most prominent gateways for attracting foreign partnerships with both the public and private sectors.
According to experts, economic partnerships represent a real key to diversifying sources of income and a step toward eliminating rentierism, which has severely impacted the Iraqi economy.
These partnerships also play a role in strengthening the capabilities of government institutions through
resource management and reform implementation.
Sustainable Development
Executive Director of the Iraq Development Fund, Mohammed Al-Najjar, said, "Iraqi-global economic partnerships are the first gateway to achieving sustainable development for the country." He noted that the Development Road project represents a key link in achieving economic partnerships with advanced global efforts.
Al-Najjar added that the advanced global effort is looking at Iraq with great interest, as it is a virgin labor market that provides renewed job opportunities in more than one sector, and this matter is considered a privilege and an attractive element within the Iraqi labor market that can be invested in the form Which revives the economy.
Implementation Transparency
Economic researcher Imad Al-Muhammadawi told Al-Sabah that economic advisory partnerships represent a fundamental pillar in supporting development efforts in Iraq, noting that
their success requires effective government commitment, political stability, and transparency in implementation.
He also emphasized the importance of expanding these partnerships to include nnovation, technology, the green economy, clean energy, and other sustainable projects that serve the public interest,
while taking into account the need to monitor performance evaluation to ensure sustainable results.
Development Path
Al-Muhammadawi stated that at the forefront of international economic partnerships that can achieve significant positive results for Iraq is the “Development Road Project,” which aims to link the port of Faw to the Turkish border strip and Europe to the north, and the Arabian Gulf to the south,
to transport goods between the Gulf and Europe.
He described it as a major pivotal economic reform program that
will have a positive impact on all sectors,
in addition to reducing the costs of transporting goods between Europe and Asia,
reaching India and China, not to mention achieving stability.
And international security.
The spokesman pointed out that economic partnerships represent a fundamental pillar in supporting development efforts in the country, noting that
cooperation between Iraq and international institutions or donor countries works to exchange expertise, provide technical advice, and support economic policies.
He explained that these partnerships include multiple areas,
foremost among which are
tax and financial reform,
restructuring economic institutions,
improving the business and investment environment,
developing the private sector, and
enhancing financial inclusion,which means
“improving individuals and companies’ access to financial sector services and products and integrating them into banking systems to facilitate transactions.”
Preparing Plans
For her part, economic researcher Suhad Al-Shammari explained in an interview with Al-Sabah that
Iraq has opened its doors to investment to countries with significant economic experience, noting that
the country is witnessing the preparation of clear five- and ten-year plans for the economic and service sectors, both domestically and internationally, due to its virgin investment resources.
These could move Iraq forward significantly,
supporting its rentier economy that relies solely on oil,
making it immune to oil price fluctuations and
away from regional variables.
At the same time, she indicated that international consultations have
contributed to the preparation of data-based economic policies, and have
achieved important steps towards
reforming subsidies and
increasing transparency in the management of public funds, in addition to
helping to enhance Iraq’s ability to negotiate and engage in regional and international economic initiatives.
International Customs System
It's worth noting that the country has multiple economic and financial contracts and partnerships,
in addition to the "Development Road Project," represented
by the official launch of the TIR system in Iraq, effective April 1, 2025, complementing this project.
This will reduce shipping times and strengthen Iraq's position as a regional trade corridor.
The TIR system is an international customs transit system that allows goods to pass from the country of origin to the country of destination in sealed loading containers with customs control along the supply chain, helping transport companies and customs authorities save time and money. Big on the border. https://alsabaah.iq/118278-.html
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
Seeds of Wisdom RV and Economic Updates Wednesday Morning 7-30-25
Good Morning Dinar Recaps,
How BRICS Is Reshaping the Emerging Multipolar World
From Expansion to Internal Division: The Global South’s Strategic Realignment Faces Tests
The BRICS alliance is no longer a concept in transition—it is an evolving geopolitical force shaping the emerging multipolar world in real time. At the July 6–7 summit in Rio de Janeiro, BRICS officially expanded to 11 full members, strengthening its claim as the largest Global South alliance and advancing its ambition to create an alternative to Western-dominated global institutions.
Good Morning Dinar Recaps,
How BRICS Is Reshaping the Emerging Multipolar World
From Expansion to Internal Division: The Global South’s Strategic Realignment Faces Tests
The BRICS alliance is no longer a concept in transition—it is an evolving geopolitical force shaping the emerging multipolar world in real time. At the July 6–7 summit in Rio de Janeiro, BRICS officially expanded to 11 full members, strengthening its claim as the largest Global South alliance and advancing its ambition to create an alternative to Western-dominated global institutions.
With this expansion, BRICS now represents a powerful cross-continental coalition—but its path to becoming a cohesive global counterweight remains uneven.
Expansion Without Cohesion: Cracks in the Multipolar Blueprint
While the summit concluded with the 126-point Rio Declaration, internal challenges became evident. Notably, Chinese President Xi Jinping was absent, Russian President Vladimir Putin attended virtually, and top leaders from Egypt and Iran—both new members—were also no-shows.
“Many of the 180 working groups launched under Brazil’s BRICS presidency reportedly failed to meet. They signalled a bloc expanding in size but eroding in cohesion.” — Felipe Porto, Brazilian Foreign Policy Observatory
Despite these gaps, the declaration underscored a shared commitment to multilateralism, condemning military strikes and trade coercion—though it notably stopped short of naming the United States.
Historical Continuity: BRICS and the Legacy of the Global South
The ideological foundation of BRICS can be traced to the 1955 Bandung Conference, where newly independent nations articulated the “Ten Principles of Peace” that would shape the Non-Aligned Movement. Today’s BRICS nations claim to be the heirs of that Global South vision.
“BRICS is the heir to the Non-Aligned Movement... the first organization to unify Global South nations.”
— Brazilian President Luiz Inácio Lula da Silva
However, the bloc’s composition reveals contradictions. Four BRICS members are former Soviet states, absent from the historical Global South coalition. This hybrid identity reflects both the bloc’s potential and the fault lines within its expanding membership.
Trump’s Threats: Western Pushback Against the BRICS Challenge
The most immediate response to BRICS’s global ambitions came from U.S. President Donald Trump, who issued a sharp warning following the Rio summit:
“Any country aligning themselves with the Anti-American policies of BRICS will be charged an ADDITIONAL 10% tariff. There will be no exceptions.”
This escalation demonstrates how BRICS’s growing global influence is now seen as a direct economic and geopolitical threat to the U.S.-led international order. The clash between Western hegemony and South-South cooperation is entering a more aggressive phase.
“BRICS is designed to suit autocracies... used by authoritarian powers like China and Russia to promote an alternative world order.” — Natalie Sabanadze, Chatham House
She also pointed to a “growing rift” within BRICS—between the China-Russia axis and other members over the bloc’s strategic direction.
Can Southeast Asia Redefine BRICS’s Future?
The future trajectory of BRICS may hinge on its democratic members, particularly the four ASEAN nations that joined: Indonesia, Malaysia, Thailand, and Vietnam. These nations could play a pivotal role in shaping a less autocratic, more development-oriented alliance.
“As Southeast Asian countries deepen their engagement, the choices they make will help determine whether BRICS can evolve into a credible counterweight to Western dominance or falter under the weight of its own diversity.”
— M.A. Hossain, geopolitical analyst
This emerging multipolar world now features a bloc that reflects both the opportunity of expanded multilateralism and the challenge of maintaining cohesion across diverse political systems and interests.
Conclusion: BRICS at a Crossroads
The Rio summit proved that BRICS is growing in reach but not yet in unity. Its ambition to serve as the institutional core of a multipolar world faces major tests—from internal fragmentation to external confrontation. Yet, the bloc continues to assert itself as a strategic platform for Global South nations seeking more equitable global governance.
The coming months—especially with tariff threats from the U.S., growing digital currency initiatives, and regional realignments—will determine whether BRICS can transition from symbolic opposition to operational alternative.
@ Newshounds News™
Source: Watcher.Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
“Tidbits From TNT” Wednesday Morning 7-30-2025
TNT:
Tishwash: Central Bank of Iraq: Decrease in public spending and stability in domestic debt
The Central Bank of Iraq revealed on Wednesday a decline in public spending and a stabilization of domestic debt in April 2025.
The bank indicated in a report reviewed by Shafaq News Agency that the state's public spending in April amounted to 9.49 trillion dinars, registering a 6.69% decrease compared to March, which amounted to 10.17 trillion dinars. Spending also decreased compared to the same period in 2024, which recorded 12.07 trillion dinars.
The report indicated that domestic public debt stabilized at 58.54 trillion dinars in April, the same level recorded in March, but an 11.13% increase compared to the same period in 2024, when it reached 76.97 trillion dinars.
TNT:
Tishwash: Central Bank of Iraq: Decrease in public spending and stability in domestic debt
The Central Bank of Iraq revealed on Wednesday a decline in public spending and a stabilization of domestic debt in April 2025.
The bank indicated in a report reviewed by Shafaq News Agency that the state's public spending in April amounted to 9.49 trillion dinars, registering a 6.69% decrease compared to March, which amounted to 10.17 trillion dinars. Spending also decreased compared to the same period in 2024, which recorded 12.07 trillion dinars.
The report indicated that domestic public debt stabilized at 58.54 trillion dinars in April, the same level recorded in March, but an 11.13% increase compared to the same period in 2024, when it reached 76.97 trillion dinars. link
Tishwash: The Ministry of Commerce discusses with the ITC the latest developments regarding Iraq's accession to the World Trade Organization and enhancing technical support.
The Ministry of Trade announced today, Tuesday, that the Department of Foreign Economic Relations held a meeting with representatives of the International Trade Centre (ITC) to discuss the latest developments related to Iraq's accession to the World Trade Organization (WTO) and ways to enhance technical cooperation to support this process.
A statement issued by the ministry's media office, quoting the department's director general, Riyadh Fakher Al-Hashemi, stated that the meeting discussed prospects for joint cooperation in reviewing the technical files prepared by the accession team in coordination with the technical committees emanating from the relevant national committee.
The statement emphasized the importance of the technical and technological support provided by the International Trade Centre, particularly during this critical phase, given its significant role in enhancing the efficiency of national teams and strengthening institutional readiness for accession requirements.
The meeting also addressed efforts to update the Nationally Determined Contributions (NDC) document, in coordination with sectoral bodies, in line with government policies aimed at integrating environmental and sustainability concepts into economic and trade policies.
At the conclusion of the meeting, Al-Hashemi stressed that the meeting was part of the department's ongoing efforts to develop Iraq's trade policy and enhance institutional and technical capabilities, supporting Iraq's accession to the World Trade Organization and strengthening its presence in the multilateral trading system.
For their part, representatives of the International Trade Centre praised the progress made in the accession file and the level of coordination with the Department of Foreign Economic Relations, stressing their readiness to continue providing the necessary technical support to complete the accession requirements link
************
Tishwash: Al-Sudani: It is time for our people to feel the services in all regions.
Prime Minister Mohammed Shia al-Sudani affirmed, today, Wednesday (July 30, 2025), that the collective effort made by the government contributed to producing tangible work effort for citizens, noting that "it is time for our people to feel the services in all regions."
The Prime Minister's media office said in a statement received by Baghdad Today that "Al-Sudani launched, today, Wednesday, the executive works of the Al-Krayat Bridge project on the Tigris River, as part of the campaign to rebuild the holy city of Kadhimiya, which is the first development project in the (Fifth Division) area, which aims to open the military zone closed for decades, and allocate its lands to establish service facilities, cultural and religious centers, and multiple rest cities for visitors."
Al-Sudani, according to the statement, praised the efforts of the executive team, which included ministers, the Director of the Prime Minister's Office, officials and technicians, the Ministry of Housing, the Baghdad Municipality, the Investment Commission, the Kadhimiya Shrine, and the Hanafi Shrine, as the collective effort produced a tangible reality for the citizen. He pointed to the government's realistic, planning, and comprehensive vision for the service sector, which took into account the specificities of each district, city, and sub-district.
The Prime Minister also announced the Fifth Division area, with an area of 400 dunums, as an investment opportunity for all companies, stressing that it will be announced in a transparent and clear manner, and that it will not contain any residential project, in addition to its distinguished strategic location, close to the shrine of the two Imams Al-Kadhimiya (peace be upon them), where a museum will be built with an area of 12,500 square meters, to be a witness to the dark dictatorial era, and the practice of the most heinous violations, and the museum is a guarantee that tragedies will not be repeated, as citizens will see the ugliness of that era.
Al-Sudani said, "Baghdad's population exceeds 9.5 million, and the capital hasn't seen any rehabilitation projects commensurate with its capacity or a distinct identity to address the problems it faces." He explained that, "Kadhimiya hasn't received any attention for decades, but today it's witnessing a qualitative shift that takes into account its Islamic identity and the number of visitors, and ensures smooth flow of traffic during special occasions."
He pointed out that "the programs and plans of 'Baghdad More Beautiful 1 and 2' and the plans of the ministries and the Baghdad Municipality all aim to pursue comprehensive and integrated rehabilitation, emphasizing the government's commitment to Islamic architectural standards in the projects planned for this area."
He added, "The reconstruction campaign includes shops and neighborhoods in Kadhimiya, across all sectors, schools, and other service institutions. He emphasized the need to adhere to accuracy, inventory, and specifications in accordance with the plan, and to work with high quality and speedy implementation."
The Al-Krayat Bridge project is a vital component of the second package of traffic congestion relief projects. It will also include the construction of numerous service facilities and approaches, including passageways and axes connecting it to the Mohammed Al-Qasim Expressway and the Army Canal.
The campaign to rebuild the holy city of Kadhimiya continues, which includes the rehabilitation and expansion of (15) main streets for five neighborhoods, the establishment of (38) schools, the restoration of (4) heritage schools, the cladding and paving of (12) residential neighborhoods, the development of garages, the construction of bridges, in addition to the establishment of recreational areas for families.
The campaign also includes the construction of six entrances to the city, the rehabilitation of the sewage station, the provision of services to agricultural areas, the rehabilitation of the city water project, the Fattah Pasha Street Boulevard, and other projects, in addition to the transfer of the headquarters of official departments outside the city. link
Mot: Married Life…..
Ariel: What does the Future have in Store for us?
Ariel: What does the Future have in Store for us?
7-30-2025
Good morning to you good folks of good ole USA.
What does the future have in store for us?
We have Iraq positioning itself to go global via Forex listing.
We have John Ratcliffe ready to release files to expose the Deep State.
We have the tariff money kicking in on August 1st.
Ariel: What does the Future have in Store for us?
7-30-2025
Good morning to you good folks of good ole USA.
What does the future have in store for us?
We have Iraq positioning itself to go global via Forex listing.
We have John Ratcliffe ready to release files to expose the Deep State.
We have the tariff money kicking in on August 1st.
We have Americans on the verge of receiving rebate checks. (600 will not do it)
We have Saudi Arabia injecting $600 billion into U.S. tech and defense.
We have XRP surging to a new all-time high of $ 3.00.
We have unemployment hitting historic lows with job booms nationwide.
We have quantum financial systems gearing up for American prosperity.
We have borders strengthening with new policies restoring security.
We have energy independence soaring with new oil reserves tapped.
We have infrastructure projects creating millions of high-paying jobs.
We have veterans receiving priority benefits under new health reforms.
We have education funding doubled for rural and underserved areas.
We have a lot of things to look forward to.
Addendum:
We have small businesses thriving with tax cuts effective this month.
We have gold prices stabilizing at $2,800 an ounce for economic security.
We have clean energy breakthroughs powering half the Midwest grid.
We have manufacturing hubs reopening in Rust Belt states with subsidies.
We have a new space program launching from Texas creating 10,000 jobs.
We have crime rates dropping 15% in major cities with community policing.
We have Social Security reforms ensuring full benefits for seniors.
We have agricultural exports doubling with trade deals in Asia and Africa.
We have water infrastructure upgrades ending shortages in the Southwest.
We have a national debt relief plan reducing interest burdens by $500 billion.
We have rural broadband expanding to connect 20 million more households.
We have a historic tax rebate of $1,200 per family rolling out next week.
We have military bases upgrading with $300 billion in new investments.
We have a surge in American-made goods dominating global markets.
What more do you want?
Source(s): https://x.com/Prolotario1/status/1950198270854156314
https://dinarchronicles.com/2025/07/30/ariel-prolotario1-what-does-the-future-have-in-store-for-us/
Iraq Economic News and Points To Ponder Tuesday Evening 7-29-25
Sudani Advisor: Iraq Is Making International Progress And Reducing Pressure On The Dollar.
July 29, 2025 Baghdad/Iraq Observer The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed on Tuesday that the expansion of electronic transactions has contributed to reducing speculation and unreal demand for the dollar, which has lowered its price on the parallel market. He also indicated that reliance on digital payment tools has led to a decline in the volume of cash dollar trading.
Sudani Advisor: Iraq Is Making International Progress And Reducing Pressure On The Dollar.
July 29, 2025 Baghdad/Iraq Observer The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed on Tuesday that the expansion of electronic transactions has contributed to reducing speculation and unreal demand for the dollar, which has lowered its price on the parallel market. He also indicated that reliance on digital payment tools has led to a decline in the volume of cash dollar trading.
“The expansion of the use of bank cards and electronic transactions has contributed to reducing the margin of speculation and the unreal demand for the dollar, especially after linking transfers and trade finance operations to digital data and pre-verification of documents, such as the advance customs declaration,”
Saleh said in a press statement monitored by the Iraq Observer. He explained that “citizens’ reliance on digital payment tools, both locally and during foreign travel, has led to a decline in the volume of cash circulation in dollars outside the official system.”
Saleh explained that “this has begun to have positive impacts at the international level, given Iraq’s membership in the Middle East and North Africa Financial Action Task Force (MENAFATF),
a regional organization established in 2004 that works to combat
money laundering,
terrorist financing, and the
proliferation of weapons in the region,
in line with the forty recommendations issued by the Financial Action Task Force (FATF) in Paris.”
He pointed out that "Iraq, through its digital advancements, has made tangible progress, particularly with enhanced compliance with the requirements of the Financial Action Task Force and international compliance practices.
This has positively impacted Iraq's current stable credit ratings and opened up broader horizons for better engagement with global correspondent banks, as we can see from the decline in the dollar exchange rate against the official rate in the parallel market in recent months."
He emphasized that "modern electronic technology can be leveraged in Iraq through three complementary paths, the most important of which, based on the government's program, is the digital transformation of public finances and economic governance, which includes several directions, including:
automating taxes and customs to maximize non-oil revenues,
digitizing government contracts, and
distributing support to eligible groups, in addition to
enhancing transparency and
combating corruption through the presence of a digital fingerprint for every transaction ."
Regarding innovation and small business technology, Saleh noted that "digital technology development paths are taking on more modern dimensions, most notably supporting digital entrepreneurship, such as
e-commerce,
delivery apps,
distance learning, and others.
This also includes funding startups in the fields of
artificial intelligence,
smart agriculture, and
solar energy, in addition to
building digital platforms for vocational training and market access." He added,
"There is a trend toward a transition to a data and knowledge economy in close conjunction,
through the establishment of national data centers,
the use of artificial intelligence in planning,
and the enhancement of internet infrastructure and the achievement of equitable access to it in accordance with global standards for digital justice, while emphasizing the importance of supporting the higher education sector towards digital and technical specializations."
He pointed out that "these trends will undoubtedly contribute to
creating sustainable jobs,
reducing operating costs, and increasing the productivity of the national economy in a promising digital era for Iraq." https://observeriraq.net/مستشار-للسوداني-العراق-يحقق-تقدماً-دو/
Gold Continues To Soar... Where Will It Reach In 2026?
Stock Exchange Analysts expect gold prices to remain above $3,000 per ounce in the coming period, supported by increased demand for safe-haven assets amid rising concerns related to global trade and worsening sovereign debt levels.
A Reuters poll of 40 analysts and traders showed that the median forecast for the gold price in 2025 is $3,220 per ounce, compared to $3,065 in the April poll, while the estimate for 2026 rose to $3,400 from $3,000 previously.
Spot gold prices have risen 27% since the beginning of this year, reaching a record high of $3,500 per ounce in April, amid escalating trade tensions between the United States and China, which prompted investors to seek safe havens.
David Russell, marketing director at Goldcore, said: “The first half of 2025 has confirmed what we have long believed; Gold is not just a hedge, it's a market signal," he said, predicting that the price could reach $4,000 by the end of 2026 if concerns about the US financial situation worsen.
Gold's appeal as a safe haven has been heightened by uncertainty over the deadlines for major US trade agreements, as well as financial concerns sparked by US President Donald Trump's passage of a massive bill dubbed the "Big, Beautiful Act," which independent analysts expect will add $3.3 trillion to the US national debt.
However, gold has failed to recapture its April peak, with Julius Baer analyst Carsten Menke saying the "short-term sideways movement is likely to continue in the absence of an immediate catalyst to push prices higher."
Most analysts believe that central banks remain the main driver of gold's rise, as part of their long-term efforts to diversify their reserves away from the dollar's dominance. China has continued to boost its gold reserves for the eighth consecutive month, while a European Central Bank survey showed that nearly 40% of central banks consider geopolitical risks a key reason for holding gold.
"The multipolar world continues, and with it, central banks' desire to reduce their reliance on the US dollar as a reserve currency and, in extreme cases, reduce their exposure to US sanctions," Minke said.
Silver prices have jumped 32% since the beginning of 2025, outperforming gold and approaching the $40 per ounce barrier for the first time in 14 years.
Analysts revised their 2025 silver price forecast to $34.52 per ounce, up from $33.10 in the previous survey, supported by concerns about US tariff policies, signs of tight supply in the spot market, and increased investor appetite for silver as an alternative to gold.
For 2026, the median forecast rose to $38 per ounce from $34.58 previously.
Suki Cooper, an analyst at Standard Chartered, said that most of these gains were the result of strong inflows into exchange-traded products, warning that a slowdown in this momentum could leave silver vulnerable to a decline despite expectations of a new market deficit this year. https://economy-news.net/content.php?id=58029
The Dollar Exchange Rate Remains Stable In Baghdad.
Economy | 07/29/2025 Mawazine News - Baghdad - The dollar exchange rate witnessed remarkable stability against the dinar in local markets on Tuesday.
The selling price reached 140,250 dinars per $100, while the buying price reached 138,250 dinars per $100. https://www.mawazin.net/Details.aspx?jimare=264356
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
The Illusion Collapses
The Illusion Collapses
Notes From the Field By James Hickman (Simon Black) July 21, 2025
When King Louis XV died in 1774, nearly all of France breathed a collective sigh of relief.
The late king, along with his predecessor— the legendary Louis XIV— had indebted France up to its eyeballs with endless war, waste, and lavish spending.
Sure, Versailles was gorgeous. But the interest payments were eating the royal Treasury alive. And everyone knew that France was in serious trouble... so when the king died, people became hopeful that change was coming.
The Illusion Collapses
Notes From the Field By James Hickman (Simon Black) July 21, 2025
When King Louis XV died in 1774, nearly all of France breathed a collective sigh of relief.
The late king, along with his predecessor— the legendary Louis XIV— had indebted France up to its eyeballs with endless war, waste, and lavish spending.
Sure, Versailles was gorgeous. But the interest payments were eating the royal Treasury alive. And everyone knew that France was in serious trouble... so when the king died, people became hopeful that change was coming.
The new king, Louis XVI, was young, bright, energetic, and wildly popular. People desperately believed that he would finally be the one to reform the system and fix the nation’s gargantuan problems.
And initially things went very well. One of the young king’s first orders was to appoint an economic libertarian named Jacques Turgot as his chief minister.
Turgot made his principles crystal clear from day one: France would not declare bankruptcy. It would introduce no new taxes. And it would incur no new debts.
In short, Turgot planned to fix the nation’s finances through massive spending cuts—something everyone acknowledged was long overdue. He also aimed to improve the efficiency of the state, and there were plenty of obvious, sensible reforms to be made there as well.
Unfortunately for France, it didn’t last long.
Turgot made enemies fast— which wasn’t very surprising given that he was threatening the political class’s taxpayer-funded gravy train. Nearly everyone— the Church, the media, the nobles— turned on Turgot and called for his removal.
So by May of 1776, just 18 months after Turgot took office, the King dismissed him.
At that point, it became painfully clear that the necessary reforms weren’t going to happen. In fact France went in the opposite direction— providing major financial support to America— until finally hitting rock bottom in 1789 at which point France suffered its own revolution, along with the Reign of Terror, multiple wars, hyperinflation, and more.
When it comes to making much needed reforms, I see a lot of similarities between 1770s France and 2020s America.
When Donald Trump won the 2024 election, there was real cause for optimism.
Trump had a strong economic record already. He talked during the campaign about the need to cut the deficit. He hammered the regulatory state. He made it clear that America couldn’t keep limping along funded by infinite debt and magical thinking.
Then he brought in real firepower.
Elon Musk was elevated to head the DOGE initiative to take a chainsaw to government waste. Like Jacques Turgot in 1774, Elon found all sorts of garbage in Washington: redundant agencies, overlapping missions, and entire programs that were taxpayer-funded scams.
Most importantly, Elon identified spending cuts that, along with a strong deregulatory push to unleash growth, could have steered the ship in the right direction again. America’s debt problems wouldn’t vanish overnight, but they could start improving.
Plus, after years of ‘leadership’ from Joe Biden, i.e. a guy who shook hands with thin air and abandoned tens of billions of dollars of military equipment to America’s sworn enemy in Afghanistan, the US had elected someone whose first instinct upon his attempted assassination was to cheer Americans to fight.
Things certainly started well. In his first days as President, Trump issued a handful of powerful executive orders. The border was closed. DOGE started to gain traction. The woke nonsense ground to a halt.
But then he went all-in on tariffs, arguing they were the solution to America’s financial problems. Instead of offering the stability that businesses need to plan and grow, however, the ‘plan’ was a chaotic mix of on-again, off-again policies with no clear objective.
Then, just as DOGE was proposing serious spending cuts, the government did a 180 and backed a massive funding bill that added trillions to the deficit. Nearly everything that Elon found was ignored.
And in the end, Congress rescinded a whopping $9 billion of waste out of the hundreds of billions identified.
Then Trump and Elon had a falling out. Elon walked. And, just like that, it started to look—once again—like business as usual in Washington.
Still, optimists could hold out hope. Maybe it was just a year-one strategy—pass the big spending bills early, stabilize politically, and tackle reform in year two.
I’ve long argued the window is still open to arrest America’s decline. But they are pushing it dangerously close to the edge.
And then came Epstein.
No, it’s not an economic issue. It doesn’t directly affect bond markets or Social Security or the Fed.
But it is a major crack— perhaps the final crack— in the illusion that anything is going to change.
They are refusing to hold Epstein’s buddies accountable, to reveal what happened, and to deliver on a key promise of transparency that they made repeatedly.
And instead of leveling with the public—even if the truth was ugly—they chose to gaslight voters.
Trust in every major institution was already near historical lows prior to this Epstein issue. Now it will only get worse.
The Swamp, the Deep State, the runaway bureaucracy— whatever you want to call it, clearly lives on.
They’re not cutting the deficit. They haven’t significantly rolled back regulations. Reforming Social Security isn’t even on the table, just 8 years from insolvency. Spending keeps accelerating, with no plan to slow down.
Meanwhile, interest on the national debt has already blown past $1 trillion annually, which could easily triple within a decade.
Foreign governments and central banks—once the biggest buyers of US debt—are quietly backing away.
The White House is already planning on installing their own yes-men to the Federal Reserve, virtually guaranteeing a money-printing bonanza in the years to come... with the obvious effect being tons of inflation.
If you had put your Plan B on hold, it’s probably time to dust off the cobwebs.
The world’s not ending. America will not cease to exist. But it’s becoming ever more likely that the fiscal, social, and inflationary challenges ahead cannot be ignored.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
Tuesday Evening News with MarkZ, 07/29/2025
PDK Reminder: I only transcribe RV/Financial news and intel. Not political opinions or most guests on this podcast. If a podcast is mostly political…I may not do notes at all. Thank you
Tuesday Evening News with MarkZ, 07/29/2025
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: Hello and good evening to you all
Member: Good evening mark, mod team, fellow rvers. is it time for the "fasten seat belt" sign to come on yet?
PDK Reminder: I only transcribe RV/Financial news and intel. Not political opinions or most guests on this podcast. If a podcast is mostly political…I may not do notes at all. Thank you
Tuesday Evening News with MarkZ, 07/29/2025
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: Hello and good evening to you all
Member: Good evening mark, mod team, fellow rvers. is it time for the "fasten seat belt" sign to come on yet?
Member: There is so much disinformation it is making me crazy. Let’s hope August1 will happily surprise us
Member: What event will signal the RV for you Mark? Forex or ???
MZ: When I see CMKX payments and payments on the bond side. When I see that publicly acknowledged and rolling. Hopefully we will see that within a week. I feel good and the chatter is very interesting
Member: I wonder what percentage of bond holders have been paid?
MZ: I have not yet gotten an update today from bond contacts…..I will probably get something overnight
Member: Sedona Connection on the utube has golden dragon info happening this week ?
MZ: I saw that and shot a message to my dragon contacts….we will see what they say
MZ: In Iraq: “Erbil agrees to send 120 billion dinars to Baghdad to release July payroll” It appears things are still on track .
MZ: “ After the release of May salaries -expected date for the payment of June salaries to Kurdistan employees” This is set for next week. They are quickly catching up
MZ: “The Kurdisatan council of ministers will meet tomorrow to discuss salaries and oil exports” they have already sent one month and will now be sending the last two.
MZ: “Turkey pushes for full use of the Kurdistan pipeline” Iraq was wanting to get it up to 230 thousand barrels a day. But the pipeline has the capacity for almost 1.5 million barrels per day. If they increase it….it would be a huge increase in the economy.
MZ: “Integrity announces Iraq’s ascension to the International Anti-Corruption Association” They have made a lot of progress….Safety and stability.
Member: markz...Iraq stock exchange notice: "Temporary suspension of trading on the shares of Commercial Bank international on 31st July 2025
Member: Josh Hawley introduces bill to provide at least a $600 rebate to people with tariff revenue
Member: Bank story Mark: My banker said that he knew about the GCR and that he believes that we will be moving in that direction ASAP! He said soon!
MZ: So many bankers are now saying yes…we are changing…yes there is a new currency…..
Member: Is there any news on the Venezuelan Bolivar?
Member: I do not know if it is true but I have heard from two sources that the Bolivar should exchange for about .30 or .36
Member: Sweet RV dreams to everyone tonight…
Mod: SEE YOU AT 10AM EST. IN THE MORNING FOR COFFEE WITH MARK. UNLESS THERE IS BREAKING NEWS. WE HAVE ANDY!!
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