Iraq Economic News and Points To Ponder Sunday Afternoon 9-14-25

The Central Bank Concludes Its Course (Financial Crimes In Banks And Non-Banking Financial Institutions)
 
September 14, 2025  The Banking Studies Center at the Central Bank of Iraq concluded the course entitled  (Financial Crimes in Banks and Non-Banking Financial Institutions) on September 10, 2025.
 
This comes within the framework of the Banking Studies Center’s efforts to develop the skills of banking cadres and  non-banking institutions. The number of participants in the course reached 46 trainees, and  the program targeted employees in all banks.

The program includes identifying financial crimes   to enhance banking financial integrity by   ensuring employees understand  financial crimes that generate financial proceeds,  combating them, and  ensuring  compliance and  anti-money laundering requirements.  https://cbi.iq/news/view/2981  

The Governor Of The Central Bank Of Iraq Meets With The Governor Of The Bank Of England.
 
September 14, 2025  His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq,
met with the  Governor of the Bank of England, Mr. Andrew Bailey, at the Bank's headquarters in London. 

The meeting addressed the  historical relations between the two banks and  ways to cooperate in supporting the efforts of the  Iraqi government and the Central Bank of Iraq in the field of  digital transformation,  benefiting from the Bank of England's experience in modernizing its paper currency and its studies in digital currencies.
 
During his speech, His Excellency the Governor pointed to the  success of monetary policy in maintaining the stability of the general price level, as  a fundamental objective of monetary policy, stressing that inflation levels are the lowest in history, reaching a level of   (less than 2%).
 
His Excellency also touched on the relationship between the two sides in the field of  foreign reserves management, especially since theCentral Bank of Iraq   keeps a portion of its reserves in the  vaults of the Bank of England.
 
His Excellency Al-Alaq called on Mr. Bailey to support the  Central Bank of  Iraq's efforts to  join the Bank for International Settlements   in Switzerland, given that the  Bank of England is a member of the aforementioned bank's Board of Directors.    
Central Bank of Iraq      Media Office    https://cbi.iq/news/view/2982   

Access To Project Finance Guide

September 14, 2025   :diamonds: Guide to accessing finance for small, medium and micro enterprises in Iraq. For more information, click here  https://a2fguideiq.com/ar   [NOTE: may choose EN option to read in english]    https://cbi.iq/news/view/2980  

The dollar suffers weekly losses against the dinar in Baghdad.

Economy | 09/13/2025   Mawazine News – Baghdad  The dollar price fell in Baghdad markets today, Saturday, with the closing of the stock exchange at the beginning of the week.

The dollar price fell in Al-Kifah and Al-Harithiya, recording 142,600 Iraqi dinars for every $100, while this morning it recorded 142,850 dinars for every $100.

Selling prices also decreased in the exchange sector in local markets in Baghdad, where the selling price reached 143,500 Iraqi dinars for every $100, while the buying price reached 141,500 dinars for every $100.   https://www.mawazin.net/Details.aspx?jimare=266709

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

Seeds of Wisdom RV and Economic Updates Sunday Morning 9-14-25

Good Morning Dinar Recaps,

Out with the Old, In with the New: Global Shifts Point Toward an Asset-Backed Reset

Political upheaval, social unrest, and financial instability are converging to push nations toward gold and commodity-backed systems.

Cracks in the Old Order
Across the globe, nations are experiencing political turbulence and financial strain that reflect a deeper systemic shift. France has faced mass protests, leadership under pressure, and calls for a new constitution as frustration with inequality and EU policies mounts.

Other countries show similar signs:

• Germany – economic slowdown and energy dependency challenges.

• Italy and Spain – political instability and surging nationalist movements.

• United Kingdom – post-Brexit financial strain, leadership shakeups, and inflation battles.

• United States – debt crisis, Federal Reserve scrutiny, and debates over a digital dollar.

The common theme is clear: traditional governance and fiat-based economic systems are under strain, and populations are rejecting “business as usual.”

The People Rise Up
Public frustration is no longer limited to economic complaints — it’s spilling into the streets. In London, a “Unite the Kingdom” rally led by activist Tommy Robinson drew more than 100,000 people, with unofficial estimates placing the crowd in the millions. Protesters framed the march around migration, free speech, and national identity. Signs reading “Freedom of speech is dead. RIP Charlie Kirk” highlighted how the recent assassination of U.S. conservative activist Charlie Kirk has become a rallying cry across borders.

Meanwhile in Spain, the Vuelta cycling race became a stage for anti-Israel protests. Demonstrators waving Palestinian flags interrupted multiple stages, demanding international accountability for Gaza and calling for the expulsion of Israel’s team from the race. These protests, tacitly endorsed by Spain’s government, escalated into a diplomatic standoff with Israel — showing how grassroots uprisings are now capable of shifting state-level policy.

From London’s nationalists to Spain’s pro-Palestinian activists, the message is similar: citizens no longer trust their governments or global institutions to represent them, and are forcing their voices into the spotlight.

The Fiat System at a Breaking Point
Decades of debt-fueled monetary policy and central bank dominance appear to be reaching their limits. Nations burdened with unsustainable debt are edging closer to default. The cracks in the fiat model are accelerating the search for alternatives.

The Push Toward Asset-Backed Finance
BRICS and its expanding membership — including countries like Saudi Arabia, Egypt, and the UAE — are openly advancing gold-backed trade settlement. Commodities, particularly oil and gold, are reemerging as the anchors of global exchange, replacing the “paper promises” of fiat currency.

This transition is not just financial but political. In France, the potential collapse of the Fifth Republic could pave the way for a Sixth Republic shaped by new economic alignments, perhaps closer to BRICS models.

Global Power Realignment
The shift from “old guard” to “new system” is underway:

• IMF, BIS, and G7 dominance is waning.

• Sovereign wealth funds and asset-backed currencies are gaining traction.

• Central banks face pressure to adapt, with gold now recognized as a tier-1 asset under Basel III standards.

Leadership changes are only the surface; the deeper transformation lies in the control of money and credit. If a nation like France reorients its financial system, ripple effects could reshape the EU, NATO, and the global balance of power.

Proof and Reality Check
There is undeniable evidence of instability: widespread protests, resignations, assassinations, and the rise of BRICS’ gold-based trade mechanisms. Citizens are openly challenging their governments, while governments themselves are repositioning financially and diplomatically. Yet, while the pieces of a new financial order are falling into place, there is no definitive proof of a single coordinated system set to roll out immediately. The global shift remains in motion — marked by positioning, negotiations, and speculation.

Why This Matters
From Europe to the U.S. to BRICS, the story is the same: the old fiat model is faltering, and asset-backed systems are emerging as the next chapter in global finance. The uprisings in London and Spain are not isolated events — they are symptoms of a deeper rupture between governments, people, and the financial order underpinning them. The world may soon witness a coordinated reset where sovereignty, real assets, and multipolar structures replace the debt-driven order of the past.

This is not just politics — it’s global finance restructuring before our eyes.

@ Newshounds News™ Exclusive

Sources:

• AP News – London Protest

• OPB – Anti-Israel Protests at Spanish Vuelta

~~~~~~~~~

US Senators Accuse JPMorgan Chase, Bank of America, Wells Fargo of Threatening US Financial Stability and Risking Another Taxpayer Bailout – Here’s Why

Warren and Sanders warn that megabank stock buybacks and dividend hikes are setting the stage for another financial crisis.

Senators Sound the Alarm
U.S. Senators Elizabeth Warren (D-MA) and Bernie Sanders (I-VT) are taking aim at the nation’s largest banks, accusing them of placing the “entire economy at risk” through massive stock buyback programs and dividend increases.

The senators argue that JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs, and Morgan Stanley are prioritizing wealthy shareholders and executives over financial stability and consumer benefits.

The Numbers Behind the Accusation

• JPMorgan Chase: $50 billion stock buyback, dividend increase of 7.1%

• Bank of America: $40 billion stock buyback, dividend increase of 7.6%

• Wells Fargo: $40 billion stock buyback, dividend increase of 12.5%

• Citigroup: $20 billion stock buyback, dividend increase of 7.1%

• Goldman Sachs: $40 billion stock buyback, dividend increase of 33%

• Morgan Stanley: $20 billion stock buyback, dividend increase of 8.1%

In total, these megabanks are directing roughly $210 billion to shareholder enrichment.

Echoes of 2008
Warren and Sanders stress that the rollback of capital requirements under the Trump administration has left Wall Street dangerously exposed. Reduced buffers increase susceptibility to economic shocks and raise the likelihood of another government bailout.

They warn that undercapitalization of major banks was a root cause of the 2008 financial crisis and the deep recession that followed.

Why This Matters
While Wall Street celebrates higher dividends, critics argue that these practices are draining capital from the system instead of fortifying it. If another crisis emerges, taxpayers could once again be forced to foot the bill for bailouts.

This is not just politics — it’s global finance restructuring before our eyes.

@ Newshounds News™
Source: Daily Hodl

~~~~~~~~~

Trump Warns NATO: Russian Oil Buys Are “Shocking,” Threatens Harsh Sanctions

Trump pushes NATO to stop Russian oil imports and proposes steep tariffs on China as geopolitical tensions rise.

Trump Targets NATO’s Russian Oil Purchases
President Trump has criticized NATO allies for continuing to buy Russian oil, calling the purchases “shocking” and a sign of weak commitment to defeating Russia. He warned that he is prepared to impose major sanctions on Moscow — but only if all NATO members act together.

Trump argued that by buying Russian oil, NATO allies weaken their negotiating power and prolong the war in Ukraine.

Proposed Tariffs on China
In addition, Trump has urged NATO to adopt sweeping tariffs of 50–100% on China until the war ends. He says such measures would pressure Beijing to abandon its support for Moscow and accelerate a resolution.

Trump also reiterated that the war “would never have started” under his presidency, placing blame on President Biden and Ukraine’s President Zelenskyy.

Rising Pressure on Putin
In a Fox News interview, Trump warned that his patience with Russian President Vladimir Putin is “running out fast.” He has previously threatened to sanction countries that buy Russian oil, including China and India. While he placed a 25% tariff on Indian goods for continuing to import Russian oil, he has not taken equivalent measures against Beijing.

Escalating Tensions in Europe
Recent Russian drone incursions into Polish airspace — a NATO member — have heightened tensions. The U.S. has reaffirmed its pledge to defend “every inch of NATO territory.” Meanwhile, peace talks remain stalled as Ukrainian President Zelenskyy insists that Russia still seeks to seize all of Ukraine.

Crypto Market Reaction
Despite the geopolitical volatility, crypto markets remain steady.

• Bitcoin has held above $115,000

• Altcoins are trading in green, fueling talk of a potential “Altcoin season”

• Global crypto market cap: $4.19 trillion, up 1.9% in the past 24 hours

Investor commentary highlights that U.S. markets overall are hitting record highs across gold, equities, and money supply (M2), while the national debt climbs and inflation remains at 2.9% — still above the Fed’s target.

Why This Matters
Trump’s proposals merge energy, trade, and geopolitics into a single pressure campaign with global consequences. From oil flows to tariffs to crypto resilience, his words continue to ripple across markets and alliances.

This is not just politics — it’s global finance restructuring before our eyes.

@ Newshounds News™
Source: Coinpedia

~~~~~~~~~

BRICS Grows As 1,700 Banks Process 175 Trillion Chinese Yuan Payments

China’s CIPS payment system is accelerating global de-dollarization, with record cross-border yuan transactions.

Record Growth in CIPS Payments
BRICS member China’s Cross-Border Interbank Payment System (CIPS) processed more than 175 trillion Chinese yuan ($24 trillion) in payments, according to The Economist. This marks a 43% jump from 2023, as over 1,700 banks worldwide now participate in the yuan-based payment network.

Banks from countries including Turkey, Mauritius, and BRICS member UAE are actively facilitating yuan transactions. CIPS has also expanded into Africa and the Middle East, extending its reach across 33 market sectors — most operated by Chinese institutions.

China’s Push for Yuan Dominance
CIPS serves as a clearing and settlement infrastructure for cross-border yuan transactions, directly challenging the U.S. dollar’s role in global trade. By allowing manufacturers and international businesses to settle in yuan, China is reducing dependence on the greenback while strengthening its financial self-reliance.

The Xi Jinping administration has aggressively promoted the yuan within BRICS and beyond, with the goal of embedding it into global trade networks.

Dollar Distrust Deepens
Emerging economies are increasingly wary of the U.S. dollar, citing Washington’s use of the currency as a geopolitical weapon. Trump-era tariffs and ongoing trade wars have only reinforced this distrust. As a result, countries are accelerating settlement in yuan and other local currencies, moving away from dollar-based transactions.

Why This Matters
The rapid growth of CIPS highlights how BRICS is steadily building an alternative to the dollar-dominated financial system. If yuan settlements continue to surge, the U.S. dollar could face a historic decline, with ripple effects that may reshape global markets and fuel inflationary pressures in the American economy.

This is not just politics — it’s global finance restructuring before our eyes.

@ 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

Iraq Economic News and Points To Ponder Saturday Evening 9-13-25

Government Advisor: Partnerships With International Finance Reflect Confidence In The Iraqi Investment Environment.

Money and Business  The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Salih, affirmed on Saturday that the partnerships signed with the International Finance Corporation (IFC) represent a strategic step towards diversifying the Iraqi economy and enhancing international direct investment. He pointed out that these partnerships reflect the international corporation's confidence in the Iraqi investment environment and open new horizons for the development of non-oil sectors.

Salih said: "The conference held today in Baghdad under the title of Partnership Day between the International Finance Corporation (IFC) and the Iraqi government, in the presence of Prime Minister Mohammed Shia al-Sudani, is an important strategic step towards diversifying the Iraqi economy and enhancing international direct investment."

He added that "the International Finance Corporation, one of the arms of the World Bank Group concerned with financing and partnerships with the private sector in various countries around the world, including Iraq, demonstrated through this conference clear confidence in the Iraqi investment environment, which constitutes a positive indicator for international investors."

He explained that "the link between the activities of the international corporation and the Iraqi private sector represents a qualitative shift in the government's economic policy and enhances the openness of national investments to global financial institutions, which contributes to diversifying the economy's resources and providing it with expertise and partnerships with the most important international economic centers."

Saleh continued, "The conference witnessed the signing of multi-million dollar partnership contracts in various sectors that will contribute to job creation, infrastructure improvement, and increased local production."

He pointed out that "these partnerships are expected to generate direct financial returns from the non-oil sector through seven important investment contracts, including projects in gas, renewable energy, and agriculture."

He explained that "the international institution does not only provide financing, but also brings with it management and implementation expertise and international standards, raising the level of projects in Iraq to a world-class level.

" He pointed out that "this approach will enhance growth in the industrial, services, transportation, communications, and port sectors, and provide additional resources from taxes, customs duties, and utility operating revenues, thus contributing to diversifying sources of revenue away from oil monopoly."

Under the patronage and attendance of Prime Minister Mohammed Shia Al-Sudani, the International Finance Corporation (IFC)-Iraq Partnership Day celebration was held in the capital, Baghdad, coinciding with the 20th anniversary of the Corporation's presence and partnerships with Iraqi sectors.

The celebration witnessed the signing of seven important investment contracts, most notably:

- A $500 million contract to invest in associated gas and develop Umm Qasr Port facilities with Basra Gas Company.

- A $250 million contract to finance and expand cement and lubricating oil production with Al-Muhaidib Group.

- A $125 million contract to finance container handling equipment and a storage yard at Umm Qasr Port with Allurain Investment Company.

- A $65 million contract to finance the first phase of the green residential real estate development project in Sulaymaniyah with Hiwa Rauf Investment Company.

- A $10 million contract to finance a line of credit to finance international trade with the Bank of Baghdad.

- An investment partnership contract to establish sustainable agricultural and industrial projects with Sama Al-Manar/Tiriyaki Agro Company, worth $120 million.

A partnership agreement was signed with Captain Ship Holdings to establish a teaching hospital, valued at $250 million, in addition to a partnership agreement with Al-Ula Company for Financing Small and Medium Enterprises in the field of consulting services and developing investment attraction. https://economy-news.net/content.php?id=59986

Iraq Ranks Second Among Arab Countries As The Largest Exporter Of Oil To The United States

Saturday, September 13, 2025, | Economic Number of reads: 301  Baghdad / NINA / The US Energy Information Administration announced, on Saturday, that Iraq's oil exports to the United States amounted to about 8 million barrels during last August.

The administration stated in a table that "Iraq exported 7.936 million barrels of crude oil to the United States during last August, down from 8.370 million barrels in July."

It added that "Iraq's average exports of crude oil to the United States amounted to 328 thousand barrels per day during the first week of August, while it exported 162 thousand barrels per day in the second week, 302 thousand barrels per day in the third week, and 231 thousand barrels per day in the fourth week."

The US Energy Information Administration explained that "Iraq ranked fifth in its exports to the United States during last month after Canada, which came in first place as the largest oil exporter to the United States, followed by Mexico, Saudi Arabia, and Brazil."

The administration indicated that "Iraq came in second place among Arab countries exporting the most oil to America, after Saudi Arabia, which came in first with exports amounting to 9.362 million barrels, and Libya came in third with exports amounting to 3.534 million barrels." / End https://ninanews.com/Website/News/Details?key=1251654

The Iraqi Economy and the Growing Domestic Public Debt: "Risks and Policies"

Economy News – Baghdad  Dr. Haitham Hamid Mutlaq Al-Mansour   Iraq's domestic public debt balance resumed its rise at the end of June, reaching 87 trillion and 748 billion Iraqi dinars, according to official sources. The most important reasons for this increase include:

1- The increasing need for domestic borrowing to finance the ongoing fiscal deficit, due to the high rentierism of the Iraqi economy, as oil constitutes more than 90% of the general budget revenues, which makes it vulnerable to fluctuations in global oil prices when they decline, and the high rates of government spending, as the government adopts an expansionary fiscal policy to finance operating expenditures, especially salaries and wages, which are often covered at the expense of investment spending.

2- The increase in government spending rates compared to the growth rates of domestic public debt, which increases the financial gap between public debt and its sustainability.

3- Weak financial management, low efficiency in collecting non-oil revenues, and rampant financial and administrative corruption continue to keep the economy in a state of deficit, exacerbating domestic public debt.

Non-oil revenues declined during the first half of this year to 4.951 trillion dinars, compared to 7.118 trillion dinars in the same period last year, a decrease of 2.167 trillion dinars, or 43.6%. This will lead to an increase in the actual deficit in the general budget and aggravation of domestic public debt.

4- The rising levels of domestic public debt also fuel the growth of the annual government financial deficit, a portion of which is allocated to paying debt installments and interest, in addition to renewable government spending items. This burdens the general budget and deepens the debt once again, thus entering the economy into a vicious cycle of persistent debt.

Accordingly, the expected economic risks of the increase in the size of the domestic public debt include:

1- Continued inflationary pressures, driven by increased money supply due to borrowing from the central bank, could lead to higher inflation, which has reached above 5% in some recent years.

2- Hindering economic growth. High debt service (interest) is likely to divert resources from development investments, such as infrastructure, health, and education. This is known as the crowding-out effect, which negatively impacts the private sector. When the government borrows domestically, it competes with the private sector for capital, potentially raising interest rates and limiting private sector activity.

Therefore, it was necessary to build counter-policies that revolve around the following:

1- Building comprehensive economic policies to manage domestic public debt and achieve its sustainability by linking it to investment funds.

2- In light of the rentier economy, the efficiency of financial revenue management must be increased and the tax system must be reformed by improving the efficiency of tax and fee collection, which currently does not exceed 10% of total revenue.

3- Diversifying the sources of funding for the general budget through development in other economic sectors, such as agriculture, industry, and tourism, to increase non-oil revenues.

4- Enhancing transparency, combating corruption, and implementing strict measures to limit corruption in the management of public funds.

5- Issuing government bonds of various denominations to attract local and foreign savings in an organized manner, instead of direct borrowing from the Central Bank.

In short, Iraq's rising domestic public debt is a wake-up call for the national economy to address this through structural reforms in the general budget and expansionary fiscal policy, diversification of revenue sources, and rationalization of spending in favor of increased investment. Without these reforms, the domestic public debt may continue to grow, threatening Iraq's long-term economic stability and financial security.  https://economy-news.net/content.php?id=59964

Signing A Number Of Investment And Development Contracts With IFC

Saturday, September 13, 2025, | Economics   Number of reads: 379  Baghdad / NINA / The celebration of the Partnership Day between the International Finance Corporation (IFC) and Iraq witnessed the signing of a number of investment and development contracts with the public and private sectors.

A statement from the Prime Minister's Office stated that under the patronage and attendance of Prime Minister Mohammed Shia Al-Sudani, a celebration of the Partnership Day between the International Finance Corporation (IFC) and Iraq was held in the capital, Baghdad, today, and the 20th anniversary of the corporation's presence and partnerships with the Iraqi sectors.

In a speech during the ceremony, Prime Minister Mohammed Shia Al-Sudani pointed out the importance of the partnership with the International Finance Corporation, given the distinguished capabilities of the private sector, which has proven its effective presence in implementing reconstruction and development projects, and its ability to withstand various forms of bureaucracy, corruption and security conditions.

He explained: “Attracting foreign capital has contributed to supporting the stability of the Iraqi economy and encouraged international financial institutions, including German, Italian, French, British and Chinese institutions, to contribute to financing a significant number of development projects, in addition to providing legal and administrative frameworks and removing routine obstacles, which creates more job opportunities.

During the ceremony, the following contracts were signed in partnership and financing with the IFC:

■ A contract to invest in associated gas and develop Umm Qasr port facilities, with Basra Gas Company, worth $500 million.

■ A contract to finance and expand the production of cement and lubricating oils, with Al-Muhaidib Group, worth $250 million.

■ A contract to finance container handling equipment and the storage yard in Umm Qasr port, with Al-Lorraine Investment Company, worth $125 million.

■ A contract for the first phase of the green residential real estate development project in Sulaymaniyah, with Hiwa Rauf Investment Company, worth $65 million.

■ A contract to finance a credit line to finance international trade. With the Bank of Baghdad, worth $10 million.

■ An investment partnership agreement to establish sustainable agricultural and industrial projects with Sama Al-Manar/Teriyaki Agro Company, worth $120 million.

■ A partnership agreement to establish a teaching hospital worth $250 million, with Rabban Al-Safina Companies, and a partnership agreement with Al-Ula Company for Financing Small and Medium Enterprises for advisory services and developing investment attraction. /End https://ninanews.com/Website/News/Details?key=1251636

Gold Prices Rise To Record Levels

Economy | 09:21 - 09/13/2025  Mawazine News - Follow-up:  Gold prices achieved gains for the fourth week, supported by expectations of a Federal Reserve rate cut and amid increasing inflows into gold-backed exchange-traded funds.

The price of gold surpassed $3,650 per ounce, an increase of nearly 2%, this week, after setting a record high on Tuesday. Silver prices, which move in parallel with the yellow metal, also jumped above $42 per ounce, its highest level since 2011.

Gold prices rose 0.6% to $3,654.38 per ounce at settlement on Friday evening in Asian markets. The Bloomberg Dollar Spot Index, on the other hand, recorded a slight increase but is heading for a weekly loss of 0.3%. Palladium was also heading for weekly gains of nearly 8%, while platinum rose near $1,400 per ounce.

Data showed that US consumer prices rose as expected in August, giving Federal Reserve policymakers room to cut borrowing costs after a string of weak labor market data.

Traders expected at least a quarter-point cut at the Fed's meeting next week, with two additional cuts possible by the end of the year. Meanwhile, the US dollar and 10-year Treasury yields fell this week. The precious metal typically benefits from lower borrowing costs and yields and a weaker US currency.
Gold has jumped 39% since the beginning of the year, making it one of the best-performing commodities, outperforming other market indices such as the S&P 500. https://www.mawazin.net/Details.aspx?jimare=266689

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

“Tidbits From TNT” Sunday Morning 9-14-2025

TNT:

Tishwash:  Iraq signs contracts worth more than $1 billion with IFC

The Prime Minister's Media Office announced today, Saturday, partnership and financing contracts with the International Finance Corporation (IFC).

A statement from the office, received by Al-Eqtisad News, stated that, "Under the patronage and attendance of Prime Minister Mohammed Shia al-Sudani, a celebration was held in the capital, Baghdad, today, to mark the 20th anniversary of the IFC's presence and partnerships with Iraqi sectors."

According to the statement, the ceremony witnessed the signing of several investment and development contracts with the private and public sectors, including a $500 million contract with Basra Gas Company to invest in associated gas and develop Umm Qasr Port facilities, and a $250 million contract with Al-Muhaidib Group to finance and expand cement and lubricating oil production.

In addition to a $125 million financing contract for container handling equipment and a storage yard at Umm Qasr Port with Al-Lorrain Investment Company, and a $65 million contract for the first phase of the Green Residential Real Estate Development Project in Sulaymaniyah with Hiwa Rauf Investment Company.

A $10 million credit line financing agreement was also signed with the Bank of Baghdad to finance international trade, and an investment partnership agreement was signed to establish sustainable agricultural and industrial projects with Sama Al-Manar/Teriyaki Agro, worth $120 million.

A partnership was also signed with Captain Ship Holdings to establish a $250 million teaching hospital, and a partnership was signed with Al-Ula SME Finance Company for advisory services and investment attraction development.  link

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

Tishwash:  More than 15 trillion dinars are kept in cash in the homes of citizens

The governor of the Central Bank of Iraq says 80 percent of Iraq's money is in households and stresses that they are trying to increase citizens' confidence in banks.

Central Bank Governor Ali Alaq said the 2025 banking reform plan is a strategic step to strengthen confidence in the Iraqi banking system and solve problems.

He said 80 percent of Iraqi money is outside the banks and in the homes, due to lack of confidence in the banks.

He added that the banking reform plan includes updating the banking system, in line with international standards and attracting global companies.

Meanwhile, Mustafa Garawi, a member of the Finance Committee of the Iraqi Parliament, warned that this phenomenon has led to a decline in market movement and economic activity.

He revealed that; According to reports, the money held in households is more than 100 trillion dinars.

Earlier, economic researcher Haider Sheikh revealed; The Central Bank of Iraq is really suffering from a shortage of cash and flows, due to the lack of confidence in the banking system and the least trust in public and private banks, which has led many citizens to keep their money in Iraqi dinars. 

Revealed; More than 15 trillion Iraqi dinars are kept in cash in the homes of citizens and salaried employees, so the central bank and the Iraqi government should solve this problem and inflation, through the formulation of economic and financial policy and banking facilities for citizens and restore confidence.  link

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

Tishwash:  Banking reform enters a decisive phase: The Central Bank and banks are in a race against time - Urgent

To avoid penalties 

The Iraqi banking sector is going through a critical phase, where economic and financial considerations intersect with the demands of structural reform that have been postponed for years.

 After decades of challenges, and amid international and local pressure to improve the efficiency of the financial system, the reform paper launched by the Central Bank in coordination with an international consulting firm emerged as an attempt to rebuild trust and establish more robust rules for banking operations.

 The importance of this issue goes beyond the financial dimension; it extends to the broader institutional context related to the state's ability to formulate economic stability tools and meet transparency requirements, which in turn are linked to the confidence of investors and international donors.

In this context, economic expert Ahmed Abdul Rabbo, speaking to Baghdad Today, predicted that "the end of September will be the deadline for private banks to sign the final amendments to the reform paper submitted by the Central Bank of Iraq in coordination with Oliver and Iman." This timing reflects the Central Bank's awareness of the country's need to end the period of hesitation and embark on a clearly defined reform path.

According to institutional estimates, setting a timetable for signing aims to overcome the procrastination that accompanied the first rounds of dialogue with private banks and transform reform from a theoretical idea into a practical commitment.

Adjustments in response to market pressures

Recent developments indicate that the reform was not imposed unilaterally, but rather came after a series of technical discussions with banks. Abdul Rabbo explained that "the Central Bank has made extensive amendments to the banking reform paper over the past weeks in response to the comments submitted by the banks, noting that it was keen to open an extensive dialogue with Iraqi banks to clarify the technical aspects of the reform paper."

This clarification reveals a collaborative process that balances reform requirements with market pressures. According to economic estimates, the central bank's understanding of banks' comments reflects its awareness that implementing strict measures without consensus could hinder the banking system's ability to keep pace with changes. At the same time, this dialogue seeks to establish the principle of transparency and a commitment to gradualism as a means of ensuring the effectiveness of reform, consistent with similar international experiences in restructuring banking sectors.

Gradual reform with privacy in mind

The discussion is not limited to the form of reform, but also includes its pace. Abdul Rabbo pointed out "the importance of implementing reform mechanisms gradually, taking into account the specificities of Iraq's economic reality." He emphasized the need to adhere to reform in principle, while formulating standards and procedures in a way that enhances confidence in the banking sector and contributes to its development.

According to economic readings, this position reflects the traditional tension between the imperative of rapid openness to international standards and the demands of a local reality characterized by fragility and instability. Gradualism, financial experts believe, reduces the shocks to small and medium-sized banks and gives the sector sufficient time to adapt to the new regulatory environment. This makes reform not only a tool for course correction, but also a means of rebuilding the contract between the state and the private financial sector on more sustainable foundations.

The essence and dimensions of the amendments

The recent amendments raise fundamental questions about the nature of the role private banks will play. Abd Rabbuh explained that the amendments "include extending the capital requirement for banks, reconsidering the ownership structure, and abolishing the foreign partner requirement, thus providing banks with greater flexibility in implementing reforms and strengthening their role in supporting the national economy."

This change has multiple institutional dimensions. Extending the capital requirement reduces immediate financial pressure on banks, while reconsidering the ownership structure opens the door to restructuring the relationship between local shareholders and regulatory authorities.

The abolition of the foreign partner requirement reflects a shift toward enhanced independence, but it also raises questions about the ability of local banks to bridge the gap in expertise and technology typically provided by an international partner. According to economic estimates, these amendments represent an attempt to balance strengthening financial sovereignty with creating practical flexibility.

Timing and objectives of reform

Abdul Rabbuh believes that "banking reform comes at a crucial time, as Iraq seeks to enhance the banking sector's capacity to finance development and investment projects and reduce financial risks by adopting more flexible and transparent standards. The success of the reform paper represents a fundamental step toward achieving comprehensive financial stability and increasing confidence among local and international investors."

This link between reform and investment reflects that the goal is not limited to improving banking efficiency, but extends to building an environment that is attractive to capital. According to research estimates, the signals of confidence that banking reform can generate will be crucial in repositioning Iraq on the international financial map. Internal financial stability is also a prerequisite for confronting the recurring economic crises that the country has experienced over the past two decades. 

Reform as a Barrier to Sanctions and Corruption

Banking reform was not only a domestic choice; it also came in response to external pressures linked to the risks of international sanctions. The delay in adopting the required standards and the banks' slowness in complying with regulatory controls opened the door for international oversight bodies to question Iraq's ability to manage its financial sector transparently. According to financial estimates, this situation increased the likelihood of some banks being placed on watch lists or sanctions, negatively impacting the smooth flow of financial transactions and external transfers.

Economists point out that part of this crisis was linked not only to technical shortcomings, but also to the dominance of influential groups within the banking sector, who took advantage of weak oversight and widespread corruption to obstruct any serious reform attempt.

This dominance eroded international institutions' confidence in Iraq's ability to implement standards, making any delay in reform a direct threat to its economic interests. Therefore, the current reform paper should be read not only as a regulatory framework, but also as a fundamental line of defense to avoid potential sanctions and rebuild confidence in a sector that has for years been synonymous with fragility and political tensions.

Upcoming challenges and implementation prospects

Abdul Rabbo concluded by saying, "The coming weeks will witness ongoing negotiations and coordination between the Central Bank and private banks to ensure all parties agree on implementing reforms smoothly and effectively. These measures represent an opportunity to restructure the banking sector and strengthen its role in the national economy after years of financial challenges and economic fluctuations."

This statement outlines the next phase, where the debate is no longer about the feasibility of reform, but rather about the mechanisms for implementation and consensus.

According to institutional estimates, the success of these negotiations will depend on the Central Bank's ability to strike a balance between the requirements of financial discipline and the flexibility demanded by banks. The gradual conclusion indicates that what has changed is Iraq's entry into a mandatory phase of reform after a long debate.

What has not changed is the difficulty of building full consensus in a sector suffering from a long legacy of division and volatility. The expected impact is a gradual restructuring of the banking system, opening the door to enhanced confidence and stability, provided that pledges are transformed into measurable and enforceable obligations.  link

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

Mot: ooooh Deer!!! --- Off to See the Wizard!!!!

Mot:  The Joy of Having a Furball!!!

We’re Headed to Monetary Panic

We’re Headed to Monetary Panic

Liberty and Finance:  9-12-2025

In an era defined by digital transactions and complex financial instruments, it’s easy to lose sight of what truly constitutes “money.”

A recent compelling discussion with Phil Low on Liberty and Finance cuts through the noise, offering a stark yet insightful perspective on fundamental economic concepts, the critical role of precious metals, and the inevitable future of finance.

Low’s central premise challenges our modern assumptions: the true nature of money isn’t determined by technology, but by trust. While our digital world thrives on speed and convenience, Low argues that technology merely streamlines the transfer of credit.

And credit, fundamentally, is a promise rooted in trust. When that trust erodes, so does the credit system.

This erosion of trust isn’t a hypothetical. Low points to a recurring historical pattern: dishonest credit systems are inherently unstable and destined to collapse.

 When this happens, a “monetary panic” ensues. People, sensing the instability of their digital or paper promises, rush to convert their credit into physical, tangible money – historically, gold and silver. It’s a flight to safety, where only unencumbered, physical assets are truly trusted.

But here’s where Low offers a refreshing counter-narrative to common doomsday predictions. He asserts that the collapse of a credit system does not equate to societal collapse. Instead, it leads to a restructuring.

 In this new landscape, individuals who hold physical money – the “stackers” of gold and silver – become integral “nodes of civilization.” They possess true liquidity, enabling the revival of honest trade based on real, physical money. Low even illustrates how essential services, like power and coal supply, would organically resume through informal credit, naturally backed by physical gold. It’s a vision of resilience, not ruin.

Low also delves into the foundational economic philosophies shaping our world. He sharply dismisses traditional Keynesian macroeconomics as “junk science,” arguing it promotes heavy-handed government intervention and artificial market manipulation.

In stark contrast, he champions the Austrian School of Economics, which prioritizes free markets, individual liberty, and a positivist approach. This means observing and respecting natural market processes without interference, rather than attempting to prescribe what “should” be done (normative economics). For Low, the market will always find its equilibrium if left alone.

Perhaps the most chilling warning from Phil Low is his discussion of “The Great Taking.” This refers to a potential legal and financial event where modern financial instruments—our brokerage accounts, 401ks, and other digital assets—could be subject to confiscation or centralized control.

It’s a stark reminder of the tenuous nature of wealth held solely in digital or paper form within the existing financial architecture.

So, what’s an individual to do? Low’s advice is clear and unequivocal: prioritize physical metal ownership. Holding tangible gold and silver is paramount. Only after securing physical holdings should one consider investing in precious metals mining mutual funds, and crucially, outside of typical brokerage systems, potentially as a way to diversify a portion of one’s wealth.

Phil Low’s insights offer a powerful lens through which to view our financial future. His message isn’t one of despair, but of preparedness and understanding the fundamental truths about money and trust. As the global financial landscape continues to evolve, or perhaps, unwind, understanding these dynamics becomes not just prudent, but essential for safeguarding your financial well-being.

https://youtu.be/qqk4qTaILJo

It’s Not an Everything Bubble, it’s a Dollar Collapse

It’s Not an Everything Bubble, it’s a Dollar Collapse

Heresy Financial:  9-12-2025

Feeling like your wallet just isn’t stretching as far as it used to? Look around: from the glittering price of gold and the soaring heights of Bitcoin, to the seemingly unstoppable ascent of stocks, real estate, and yes, even your weekly grocery bill – everything seems to be at or near all-time highs.

 The narrative of an “everything bubble” is pervasive, leaving many to wonder when, not if, the whole system will come crashing down.

But what if we’ve been looking at it all wrong? What if it’s not actually an “everything bubble” at all?

A recent video from Heresy Financial offers a compelling, almost unsettling, alternative perspective: the widespread surge in prices isn’t primarily due to individual assets being overvalued, but rather a reflection of the declining purchasing power of the U.S. dollar itself.

Imagine the dollar as the universal measuring stick for value. If that stick itself is getting shorter, everything you measure with it will appear longer or larger in dollar terms. That’s the core argument.

When inflation or price increases seem to be universal, comparing assets to one another becomes misleading. The critical question shifts from “Is this asset overvalued?” to “Compared to what?”

You might point to the U.S. Dollar Index (DXY), which measures the dollar’s strength against a basket of other major currencies, and note its relative stability.

 Heresy Financial explains that this stability is deceptive. It merely indicates that other fiat currencies are also losing value at similar rates globally. The DXY masks the pervasive, real inflation occurring in dollar terms.

This phenomenon isn’t new. Economist Ludwig von Mises described something eerily similar: the “crackup boom.” This occurs when people expect continuous money supply growth and rising prices. What happens then? They rush to convert their increasingly devaluing cash into real goods and assets to preserve their purchasing power.

This perfectly explains why we’re seeing both investment assets like stocks and cryptocurrencies and essential living costs like rent, food, utilities, education, and healthcare all skyrocketing simultaneously. It’s not a coincidence; it’s a behavioral response to a weakening currency.

So, how do we truly assess value if our primary currency is an unreliable ruler? The video suggests looking at a more stable, historical benchmark: gold. Unlike the dollar, gold has maintained a relatively stable purchasing power over centuries.

This perspective challenges the conventional wisdom and suggests that perhaps the issue isn’t that everything is too expensive, but that our dollars are simply buying less.

What fuels this continuous decline in the dollar’s value? Heresy Financial points directly to the U.S. money supply (M2). Following an explosive increase during the 2020-2021 period, the money supply has now reached new all-time highs and is growing at a stable but elevated rate. Lower interest rates further encourage borrowing and spending, which in turn expands the money supply and drives inflation.

Given these dynamics, a sudden, dramatic collapse of the dollar or a bursting of a universal bubble in isolation is unlikely without extreme economic upheaval. Instead, what we are witnessing is a consistent, persistent erosion of the dollar’s purchasing power – a quiet but profound transformation of our economic landscape.

The conclusion is clear: the real issue isn’t that everything is individually overvalued, but that the value of our money is steadily diminishing. In such an environment, the best defense is diversification across multiple asset classes. Holding all your wealth purely in cash becomes a losing proposition over time.

Understanding this fundamental shift in how we perceive value is crucial for navigating today’s complex economy.

TIMECODES

00:00 Is Everything in a Bubble?

00:16 The Real Problem: Your Measuring Stick

00:24 Gold, Silver & Bitcoin at All-Time Highs

01:17 Stocks & Real Estate Near Records Too

02:00 Cost of Living at Record Highs

02:50 What Past Bubbles Looked Like

03:50 The Key Question: Compared to What?

04:29 The Dollar vs Other Currencies

05:25 Mises & the Crack-Up Boom Explained

06:47 Why Assets Keep Rising in Dollars

07:20 Pricing Assets in Gold (A Better Measure)

08:27 Charts: S&P, Nasdaq, Dow & Russell in Gold

09:46 Tuition, Energy & Housing Priced in Gold

10:47 The Dollar’s Future & Money Supply Growth

12:07 Why This Isn’t a Bubble About to Pop

13:18 How to Protect Yourself From Dollar Decline

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

Iraq Economic News and Points To Ponder Saturday Afternoon 9-13-25

Congressional Resolution Ushers In A New Era And Prevents Any Military Intervention In Iraq.

September 12, 2025  Baghdad - Qusay Munther  The US Congress' decision to revoke the 1991 and 2002 war authorizations for Iraq was widely welcomed in Baghdad as a step that reinforces the principle of sovereignty and heralds a new phase in Iraqi-American relations based on mutual respect and shared interests.

“The decision to revoke the authorization for war on Iraq is that the US Congress voted to repeal the old laws that had granted US Presidents George H.W. Bush in 1991 and George W. Bush in 2002 broad powers to wage war on Iraq without having to return to Congress every time,” legal expert Ali Al-Tamimi said in a statement yesterday.

He stressed that “the authorizations were of two basic types: the first was the 1991 authorization to launch the Gulf War to liberate Kuwait, and the second was the 2002 authorization to wage war on Iraq and topple the regime.”

He pointed out that “the decision to revoke came because Iraq was no longer under the rule of the former regime, and there were no longer legal justifications for the authorization to remain, and in order to prevent any future US president from exploiting this law to launch military operations in Iraq or the region without the approval of Congress.

” He explained that “this is also a symbolic step to improve relations with Iraq and to show that the United States is no longer at war with it.”

He went on to say that “the decision means revoking the old powers of the US president to use military force against Iraq and maintaining any operations.” Current agreements, such as military cooperation against ISIS, are under new agreements or with different approvals, and not based on the old laws of war.

The Foreign Ministry previously emphasized that the cancellation of the war authorizations represents a step towards strengthening the partnership with Washington. In a statement yesterday, it said, "Baghdad welcomes the decision, which represents a step towards strengthening the partnership and establishing the principle of respect for sovereignty.

It also reflects the development of relations with the United States." The Iraqi Embassy in Washington confirmed in a statement yesterday, “We welcome the US House of Representatives’ vote to repeal the 1991 and 2002 war authorizations.”

The statement added, “This step represents a reinforcement of the principle of sovereignty and opens a new page in the path of Iraqi-American relations based on mutual respect and common interests. We look forward to its approval soon by the Senate.

” It stressed that “Iraq views with appreciation this historic step that contributes to strengthening our country’s image as a responsible partner state.” It reiterated “the commitment to continue working with the United States to support regional stability and international cooperation, and Iraq looks forward to final approval in the Senate.”

The statement noted that “this decision is an important milestone in the development of our relations with our friends in the United States of America, and a clear message to international public opinion that Iraq is today a partner in peace and an effective voice in issues of development and shared prosperity.”

It expressed “Iraq’s hope that the Senate will translate this message into a tangible reality by approving it.”For his part, Hussein Al-Ameri, a member of the Parliamentary Security and Defense Committee, said in a statement yesterday that “the recent US Senate vote to end the authorization for the war on Iraq that was granted to the US President is a good initiative.”

He added that “Prime Minister Mohammed Shia Al-Sudani’s approach is different from others in dealing with foreign relations, especially with the United States of America, as Al-Sudani’s policy is characterized by transparency, and through this US legislative step, a new page can be opened with the international coalition forces to train Iraqi forces and also to arm the army.”

He stressed that “this step will lead to security and stability for Iraq in light of the war that has no known end between Russia and Ukraine, especially since stability in our region serves all parties and serves Iraq directly.

” He pointed out that “negotiation and transparency in dealing with the American side leads to stability in the region, and we in Iraq hope that there will be no disagreements or differences between neighboring countries because this affects the stability of the political, economic and security situations in the country.” LINK

Iraq intends to build an oil pipeline from Basra to the Sultanate of Oman

economy | 12/09/2025  Mawazine News - Baghdad – The State Oil Marketing Organization (SOMO) confirmed on Friday that the signing of memoranda of understanding with the Sultanate of Oman stems from its strategic importance in marketing Iraqi oil, while indicating that there is discussion regarding the construction of a complete pipeline from Basra to Oman.

According to the official agency, the company's general manager, Ali Nizar Al-Shatri, said, "The signing of memoranda with the Sultanate of Oman stems from its strategic location for Iraqi crude oil and petroleum products. Oman has an outlet on the Arabian Sea and another on the Arabian Gulf at its beginning, before the Strait of Hormuz.

The result is that its presence will be closer to our crude oil customers, as most of our exports head to Asia. Therefore, Asian customers will be able to load crude oil from those locations instead of taking the long route."

He added, "There are also technical issues. The more open the waters are, the less the impact of bad weather. Meanwhile, our ports in Basra suffer from bad weather, which forces us to halt exports. Therefore, going to Oman means going to an open region, and exports from it are more stable and committed to our customers, while reducing the chances of disruption."

He pointed out that "discussions are open regarding the construction of a complete pipeline from Basra to Amman, which would achieve multiple outlets and increase export capacity, and would give Iraq the potential referred to by the Prime Minister regarding increasing quotas and production ceilings. This can only be achieved with the presence of local export and consumption capacity.

This was noted in the Prime Minister's speech regarding increasing investments in the field of refining, which is important, while export capacity depends on available export outlets."

He continued, "Oman will play a major role in this field if the pipeline and tanks, upon which the memoranda of understanding were signed, are completed, as well as the commercial process, which is not without marketing aspects.

The result is that when oil is stored in Amman, there is a cost that was incurred, and this cost must be recovered. Iraq needs additional profits to recover the costs, and this can only be achieved through commercial integration."

Al-Shatri explained: "This is why another memorandum of understanding was signed for trade integration between Iraq and the Sultanate of Oman, between the State Oil Marketing Organization (SOMO) and OQ Trading Company, an Omani government company that has proven itself globally and internationally.

We are currently in the process of discussing the details of the contracts, because the memoranda of understanding set the general roadmap, but we need the details of the contracts to complete them."  https://www.mawazin.net/Details.aspx?jimare=266633

Amid Fluctuating Global Oil Prices, Basra Crude Exceeds $65.

Economy | 12/09/2025  Mawazine News - Baghdad -  Iraqi oil prices recorded a slight increase during daily trading on Friday in the global market.
According to data, Basra Medium crude rose to $65.50 per barrel, while Basra Heavy crude recorded $68.60 per barrel, with a change rate of +0.46 for both.
Regarding global oil prices, British Brent crude recorded $65.90 per barrel, while US West Texas Intermediate crude recorded $65.93 per barrel, with a change rate of -0.47 and -0.44, respectively. https://www.mawazin.net/Details.aspx?jimare=266629

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

Seeds of Wisdom RV and Economic Updates Saturday Afternoon 9-13-25

Good Afternoon Dinar Recaps,

China Invests $10B in South Africa, Launching BRICS “Silicon Valley”

Beijing’s investment aims to transform South Africa into a continental hub for technology, trade, and digital growth.

Infrastructure Investment Transforms South Africa
China has committed $10 billion to South Africa’s economy, with a focus on ports, trade, and innovation. The initiative represents one of BRICS’ most ambitious projects to date—building Africa’s largest “Silicon Valley.”

Advanced port facilities and logistics infrastructure will anchor the investment.

• Thousands of jobs are expected to be created.

• New BRICS trade corridors will be established, linking Africa more closely to global markets.

Chinese state-owned enterprises will lead construction of the port and logistics facilities, positioning South Africa as a future gateway for BRICS trade expansion.

BRICS Silicon Valley Takes Shape
The planned BRICS “Silicon Valley” will serve as Africa’s central technology hub. The project includes research centers, startup incubators, and innovation labs aimed at fostering entrepreneurship and attracting international tech companies.

Chinese firms are preparing to open R&D centers in South Africa, with workforce training and technology transfer programs built into the investment package. The initiative is designed to:

• Support young African entrepreneurs.

• Provide access to advanced technology.

• Connect African startups with international markets.

Regional Trade Integration Accelerates
China’s South Africa investment is part of a broader BRICS trade strategy. Recent projects include:

• A $50 billion railway investment in Brazil linking the Pacific and Atlantic.

• Infrastructure upgrades to reduce logistics costs across BRICS trade routes.

• Sustainability initiatives that cut shipping times and lower emissions.

By enhancing port capacity in South Africa and rail connectivity in Brazil, China is creating integrated trade corridors that reinforce BRICS economic ties. Analysts estimate the South African initiative alone could boost national GDP by 2.3% during implementation.

Local Employment and Community Benefits
China has pledged that 70% of operational jobs in the BRICS Silicon Valley project will go to local hires. The development also includes skills training and workforce development, ensuring that South African communities benefit directly from the influx of capital and technology.

Why This Matters
The $10 billion BRICS Silicon Valley investment reflects a long-term strategic effort by China to expand influence in Africa while deepening economic integration within BRICS. For South Africa, it promises to accelerate digital growth, expand trade opportunities, and cement its role as a gateway for global innovation.

@ 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

Iraq Economic News and Points To Ponder Saturday Morning 9-11-25

An Economic Expert Told NINA: The Deterioration Of The International Security Situation Will Negatively Impact The Global Economy In General And The Iraqi Economy In Particular.
 
Friday, September 12, 2025 | Economic    Number of readings: 419   Baghdad/ NINA /  Economic expert Raad Twaij affirmed that the deterioration of the international security situation will negatively impact the global economy and contribute to the militarization of the global economy and a  decline in global growth rates,  which will impact the Iraqi economy, which relies primarily on  global demand for oil and freedom of transportation.

“The global situation is heading towards polarization,  whether as a result of the situation in Europe and the Ukrainian-Russian conflict ,  reaching the situation in the Middle East and the Arab-Zionist conflict and the  brutal attacks of this entity on the region as a whole, in addition to the  controversy represented by the imposition of escalating customs tariffs, and  its contribution to a new global division between the North and the South,  at the top of which is China with the United States of America,”
 
Tawij said in a statement to the Iraqi National News Agency (NINA).  He pointed out that these conditions will contribute to the   militarization of the global economy and a  decline in global growth rates,   which will have an impact on the Iraqi economy,  which relies primarily on global demand for oil and freedom of transportation, in addition to   allocating a high percentage of resources to  defense issues and the   militarization of the Iraqi economy.   

He continued, "We must accelerate  economic development,  self-reliance,  and reduce economic rentierism and  unnecessary imports   to reduce the economy's dependence on the global  economy."    https://ninanews.com/Website/News/Details?key=1251440  

The Islamic Banks Association Affirms Its Full Support For The Banking Reform Plan.
 
 Baghdad - INA The Iraqi Association of Islamic Banks affirmed its full support for the banking reform plan on Thursday.
 
In a statement received by the Iraqi News Agency (INA), the association stated, "The Iraqi Association of Islamic Banks affirms its full support for the comprehensive banking reform plan launched by the  government in cooperation with the Central Bank of Iraq.

" It explained, "We firmly believe that this plan represents a pivotal and necessary step to enhance the stability of the banking sector in the country and  ensure its sustainable growth, in a way that serves the supreme interests of the national economy." 

She added, "This reform initiative aims to   enhance transparency,  combat financial corruption, and  modernize legal and regulatory frameworks  to align with global best practices."  

She emphasized that "Islamic banks require members of the association to provide a sustainable and  ethical financial model," affirming that she is "fully prepared to work alongside the  Central Bank of Iraq and  relevant authorities to achieve the goals of this reform plan." 

The association continued, "We will continue our effective contribution by  promoting financial inclusion, supporting economic development, and fully adhering to the instructions and regulations issued by the Central Bank, which will strengthen  financial governance and  oversight.
 
We are confident that these joint efforts will pave the way for a  prosperous and  stable financial future."    https://ina.iq/ar/economie/243142-.html   

Banking Reform Enters A Decisive Phase: The Central Bank And Banks Are In A Race Against Time - Urgent
 
Baghdad Today - Baghdad   The Iraqi banking sector is going through a critical phase, where economic and financial considerations intersect with the demands of structural reform that have been postponed for years.
 
After decades of challenges, and  amid international and local pressure to improve the efficiency of the financial system, the  reform paper launched by the Central Bank    in coordination with an international consulting firm emerged as an attempt to  rebuild trust and  establish more robust rules for banking operations.
 
The importance of this issue goes beyond the financial dimension; it extends to the broader institutional context  related to the state's ability to  formulate economic stability tools and   meet transparency requirements, which in turn are  linked to the confidence ofinvestors and international donors.
 
In this context, economic expert Ahmed Abdul Rabbo, speaking to Baghdad Today,  predicted that "the   end of September   will be the deadline for private banks to sign the final amendments to the reform paper  submitted by the Central Bank of Iraq  in coordination with  Oliver and  Iman."
 
This timing reflects the Central Bank's  awareness of the country's need to  end the period of hesitation and   embark on a clearly defined reform path.
 
According to institutional estimates,  setting a timetable for signing aims to   overcome the procrastination that accompanied the first rounds of dialogue with private banks and   transform reform from a theoretical idea into a practical commitment.
 
Adjustments In Response To Market Pressures  
 
Recent developments indicate that the reform was not imposed unilaterally,    but rather came after a series of technical discussions with banks.  

Abdul Rabbo explained that "the Central Bank  has made extensive amendments to the banking reform paper   over the past weeks   in response to the comments submitted by the banks, noting that it   was keen to open an extensive dialogue with Iraqi banks  to clarify the technical aspects of the reform paper."
 
This clarification reveals a collaborative process  that balances   reform requirements with  market pressures.

According to economic estimates, the  central bank's understanding of banks' comments   reflects its awareness that  implementing strict measures without consensus   could hinder the banking system's ability to keep pace with changes.
 
At the same time, this dialogue seeks to establish the  principle of transparency and a  commitment to gradualism as a means of ensuring the effectiveness of reform,  consistent with similar international experiences in restructuring banking sectors.
 
Gradual Reform With Privacy In Mind 
 
The discussion is not limited to the form of reform,  but also includes its pace. Abdul Rabbo pointed out "the importance of implementing reform mechanisms gradually,  taking into account the specificities of Iraq's economic reality."

He emphasized the need to adhere to reform in principle,   while formulating   standards and   procedures in a way that    enhances confidence in the banking sector and   contributes to its development.
 
According to economic readings,  this position reflects the    traditional tension between the   imperative of rapid openness to international standards and the   demands of a local reality characterized by  fragility and  instability.
 
Gradualism, financial experts believe, reduces the shocks to small and medium-sized banks and  gives the sector sufficient time to adapt to the new regulatory environment.
 
This makes reform not only a tool for course correction, but also a means of rebuilding the contract between the  state and the private financial sector on more sustainable foundations.
 
The Essence And Dimensions Of The Amendments 
 
The recent amendments raise fundamental questions about  the nature of the role private banks will play. Abd Rabbuh explained that the amendments "include  extending the capital requirement for banks, reconsidering the ownership structure, and abolishing the foreign partner requirement,  thus providing banks with greater flexibility in implementing reforms and  strengthening their role in    supporting the national economy."
 
This change has multiple institutional dimensions.
 
Extending the capital requirement  reduces immediate financial pressure on banks, while  reconsidering the ownership structure   opens the door to restructuring the relationship between  local shareholders and  regulatory authorities.

The abolition of the foreign partner requirement reflects a shift toward enhanced independence, but it also raises questions about the ability of local banks to  bridge the gap in expertise and technology typically    provided by an international partner.
 
According to economic estimates,  these amendments represent an attempt to balance   strengthening financial sovereignty with   creating practical flexibility.
 
Timing And Objectives Of Reform 
 
Abdul Rabbuh believes that "banking reform comes at a crucial time, as Iraq seeks to enhance the banking sector's capacity to  finance development and investment projects and   reduce financial risks   by adopting more   flexible and transparent standards.
 
The success of the reform paper represents a fundamental step toward achieving   comprehensive financial stability and  increasing confidence among local and international investors."
 
This link between reform and investment   reflects that the goal is not limited to improving banking efficiency, but extends to building an environment that is   attractive to capital.
 
According to research estimates, the signals of confidence  that banking reform can generate will be crucial in  repositioning Iraq on the international financial map.
 
Internal financial stability is also a prerequisite for confronting the recurring economic crises that the  country has experienced over the past two decades.
 
Reform As A Barrier To Sanctions And Corruption   
 
Banking reformwas not only a domestic choice;  it also came in response to external pressures linked to the risks of international sanctions.
 
The delay in  adopting the required standards and the banks' slowness in adhering to regulatory controls   opened the door  for international oversight bodies to question  Iraq's ability to manage its financial sector transparently.
 
According to financial estimates,this situation  increased the likelihood of some banks being placed on watch lists or sanctions,  negatively impacting the smooth flow of  financial transactions and  external transfers.
 
Economists point out that part of this crisis was linked    not only to technical shortcomings, but also to the  dominance of influential groups within the banking sector, who took advantage of  weak oversight and  widespread corruption  to obstruct any serious reform attempt.
 
This dominance eroded international institutions' confidence in Iraq's ability to implement standards,
    making any delay in reform a direct threat to its economic interests.
 
Therefore, the current reform paper should be read not only as a regulatory framework, but also as a fundamental line of defense to avoid potential sanctions and  rebuild confidence in a sector that has for years been synonymous with fragility and political tensions.

Upcoming challenges and implementation prospects 
 
Abdul Rabbo concluded by saying, 
"The coming weeks will witness ongoing  negotiations and  coordination  between the  Central Bank and  private banks  to ensure all parties agree on implementing reforms smoothly and effectively.
 
These measures represent an opportunity to  restructure the banking sector and  strengthen its role in the national economy  after years of  financial challenges and  economic fluctuations."
 
This statement outlines the next phase,where the debate is no longer about the feasibility of reform,but rather about the mechanisms for implementation and consensus.
 
According to institutional estimates, the success of these negotiations will  depend on the Central Bank's ability to strike a balance between the  requirements of financial discipline and the  flexibility demanded by banks.
 
The gradual conclusion indicates that what has changed is Iraq's entry into a mandatory phase of reform after a long debate.   What has not changed is the  difficulty of building full consensus in a sector suffering from a long legacy of division and volatility.
 
The expected impact is   a gradual restructuring of the banking system,  opening the door to  enhanced confidence and stability,  provided that pledges are transformed into  measurable and  enforceable  bligations.    https://baghdadtoday.news/283024-.html   

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

Seeds of Wisdom RV and Economic Updates Saturday Morning 9-13-25

Good Morning Dinar Recaps,

Judge Stops Trump From Firing Fed Governor Lisa Cook – Here’s Why

A federal court ruling protects Lisa Cook after Trump alleged mortgage fraud tied to her Atlanta property.

Cook Declares Atlanta Property a Vacation Home
The legal clash between President Trump and Federal Reserve Governor Lisa Cook has taken a sharp turn. Trump moved to fire Cook last month, citing evidence presented by the Federal Housing Finance Agency (FHFA) director that alleged mortgage fraud.

Cook, however, countered with documents showing her Atlanta property was listed as a “vacation home,” not her primary residence. A May 28, 2021, credit union loan application identified two other properties as her main residences, undercutting the fraud allegation.

She also presented a supplemental SF-86 questionnaire, dated December 3, 2021, used for federal background checks. In that filing, Cook listed the Atlanta home as her “second home,” consistent with her earlier disclosure.

Rejecting Pulte’s Allegation
Administration officials led by Bill Pulte accused Cook of falsely claiming both her Michigan and Atlanta properties as primary residences. Trump relied on this claim in his move to fire her “for cause,” a standard usually reserved for misconduct in office.

But a federal judge disagreed. Judge Jia Cobb of the US District Court in Washington, DC, blocked the president’s attempt, ruling that the allegations did not meet the threshold for removal.

Cobb stated, “President Trump has not identified anything related to Cook’s conduct or job performance as a board member that would indicate that she is harming the board or the public interest by executing her duties unfaithfully or ineffectively.”

She added that “‘for cause’ thus does not contemplate removing an individual purely for conduct that occurred before they began in office.”

White House Responds
So far, neither the White House nor the FHFA has offered new evidence to support the allegations. Following the ruling, Trump administration officials said the fight was not over.

In a statement, the White House said, “This ruling will not be the last say on the matter, and the Trump administration will continue to work to restore accountability and confidence in the Fed.”

Why This Matters
The court’s intervention underscores the legal limits of presidential power over Federal Reserve governors. With Cook shielded for now, the ruling sets a precedent that misconduct allegations tied to pre-office activity may not justify removal from one of the most powerful economic posts in government.

@ Newshounds News™
Source: Coinpedia

~~~~~~~~~

Expert Reveals New Launch Date for REX-Osprey XRP ETF

The long-awaited REX-Osprey XRP ETF faces another delay, raising uncertainty for investors.

Launch Pushed Back Again
The launch of the REX-Osprey XRP ETF, originally expected on September 12, has been postponed once more. Bloomberg ETF analyst James Seyffart announced that the rollout will likely take place next week instead.

Seyffart clarified that both the XRP and Dogecoin ETFs from REX Shares and Osprey Funds are still in the pipeline but not yet ready to go live.

His colleague, Eric Balchunas, echoed the update in a post on X, suggesting the DOGE ETF may debut by Thursday, September 18, with the XRP ETF to follow. The back-to-back delays have cast doubt on whether the issuer can stick to its plan of launching the Dogecoin product before the XRP fund.

REX-Osprey ETF Strategy
REX Shares and Osprey Funds are seeking to roll out a suite of crypto ETFs covering Bitcoin, Ethereum, XRP, Dogecoin, and others. To streamline approval, they filed an effective prospectus under the 1940 Investment Act.

Unlike the earlier REX-Osprey SOL + Staking ETF, which was structured as a C-corporation, the new products are organized as Registered Investment Companies (RICs), aligning them with U.S. tax and regulatory requirements.

Is This Really a Spot XRP ETF?
Some XRP supporters have hailed the REX-Osprey fund as the first true spot XRP ETF. But the product’s structure tells a different story.

According to the filing:

• At least 80% of assets will be allocated directly to XRP.

• Up to 25% can be invested through a Cayman Islands subsidiary.

• The balance will be allocated to money market funds, XRP futures and swaps, U.S. Treasuries, and even non-U.S. crypto ETFs.

This design makes it more of a hybrid fund than a pure spot ETF.

SEC’s Larger Decision Looms
The uncertainty around REX-Osprey’s timeline comes as the U.S. SEC reviews multiple true spot XRP ETF proposals. Issuers including Franklin, Canary, and Bitwise are awaiting decisions, with the regulator facing an October deadline.

Why This Matters
For investors, the REX-Osprey XRP ETF is an important step toward mainstream crypto investment products, but it is not yet the “holy grail” spot ETF many are waiting for. Until the SEC rules on formal applications, the question of when — and if — a true spot XRP ETF will trade in U.S. markets remains open.

@ Newshounds News™
Source: The Crypto Basic

~~~~~~~~~

G7 Pressured by Trump to Back Tariffs on Russian Oil Buyers

Washington pushes for tariffs on China and India as part of a broader effort to cut Moscow’s war funding.

Tariffs at the Center of U.S. Push
The U.S. is pressing Group of Seven allies to support tariffs of up to 100% on Chinese and Indian imports, directly targeting their large-scale purchases of Russian crude oil.

Treasury Secretary Scott Bessent told G-7 finance ministers that “words must be matched by economic action,” framing the tariffs as “essential to ending the war.”

Markets reacted quickly to the news: Brent crude rose 0.8% on Friday, while the euro fell to a daily low before recovering.

Trump Turns Up the Pressure
President Donald Trump warned his patience with Vladimir Putin is “running out fast.” He vowed further penalties on banks, energy flows, and trade.

• Tariffs on India have already been doubled to 50%.

• Trump told European officials the U.S. would match any tariffs they impose on Beijing or New Delhi.

• EU unity remains uncertain, with Hungary resisting stronger action.

Frozen Assets and Expanded Sanctions
Washington is also proposing the seizure of Russia’s $300 billion in frozen sovereign assets, most of which are held in Europe. Currently, only the profits from those funds are redirected to Kyiv as loans.

Other sanctions under discussion include:

• Targeting Russia’s “shadow fleet” of oil tankers.

• Tightening maritime insurance rules.

• Expanding penalties to Rosneft PJSC and regional banks.

• Blocking AI and fintech services in Russia’s special economic zones.

India and China in Focus
India has become one of Asia’s largest importers of Russian crude since the invasion, while China remains Moscow’s top buyer. Both countries have resisted Western pressure to scale back, sustaining Russia’s revenue stream and undermining sanctions.

Despite the aggressive rhetoric, Trump has so far stopped short of imposing direct sanctions on Russia itself. His deadlines for Putin to enter talks with Ukraine have passed without progress, and the EU is already preparing its 19th sanctions package. Washington’s tariff push could mark a new escalation that risks pulling Asia’s two largest economies into deeper confrontation with the West.

Why This Matters
If G7 allies align with Washington’s tariff proposal, it could dramatically alter global energy markets and test the resilience of India and China’s economic ties with Russia. At stake is not just Moscow’s revenue, but the balance of geopolitical power across Europe and Asia.

@ Newshounds News™
Source: Coindoo   

~~~~~~~~~

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

MilitiaMan and Crew: IQD News Update-Power Decisions-Prime Minister Successes

MilitiaMan and Crew:  IQD News Update-Power Decisions-Prime Minister Successes

9-12-2025

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

Follow MM on X == https://x.com/Slashn

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=2GqDqynADDI

Supercharged Inflation 2026, Prepare Now

Supercharged Inflation 2026, Prepare Now

Liberty and Finance:   9-11-2025

Ever feel like the economic news is a complex puzzle with pieces that don’t quite fit? You’re not alone.

In a recent, incredibly detailed discussion, Kaiser Johnson of Liberty and Finance hosted the brilliant Alasdair Macleod, a former bank director and head of research, to cut through the noise and offer a stark analysis of our current and near-future economic landscape.

Their insights are not just thought-provoking; they’re a crucial call to awareness.

Macleod, with his deep understanding of financial history and market mechanics, painted a picture of unprecedented challenges, drawing alarming parallels to historic financial crises, especially Germany’s hyperinflation period from 1920 to 1923. It’s a discussion every financially conscious individual needs to hear.

Macleod’s conclusion is sobering: these dynamics are pushing central banks and governments toward desperate measures, primarily the devaluation of currencies.

The US dollar, currently dominant, is expected to face a significant crash as the Federal Reserve and Treasury are forced to become buyers of last resort to prevent an outright economic collapse.

This environment perfectly defines stagflation: rising prices (inflation) coupled with economic stagnation or even contraction. Macleod emphasizes that this isn’t just a theoretical concept, but a real-world phenomenon, reminiscent of the 1970s.

 He challenges mainstream economic views, stressing the fundamental link between production and consumption, and the undeniable reality that inflation can, and often does, coincide with economic downturns. This scenario, he asserts, strongly favors assets like gold.

Macleod didn’t stop at diagnosing the problem; he offered a powerful prescription. He stressed the paramount importance of owning real money – primarily gold – as a safeguard against the inevitable collapse of fiat currencies.

He also delivered a sharp critique of the financial industry’s current state, noting the alarmingly rare instance of financial advisors who actively educate their clients about the dangers of credit bubbles and impending currency collapse. Most, he suggests, are either unaware or unwilling to prepare investors for these risks.

These turbulent times demand greater financial literacy and preparedness. Don’t just watch from the sidelines – understand the forces at play and take steps to protect your financial future.

Watch the full video from Liberty and Finance for further insights and information.

https://youtu.be/HYvb1qH7HPY

Seeds of Wisdom RV and Economic Updates Friday Afternoon 9-12-25

Good Afternoon Dinar Recaps,

BRICS Central Banks Finally Confirm Years of XRP Development

Newly surfaced documents confirm XRPL has been central to BRICS’ long-term de-dollarization strategy.

Evidence of Multi-Year XRP Strategy
BRICS central banks have confirmed years of development using Ripple’s XRP Ledger (XRPL) infrastructure, according to newly released documents shared by Versan Aljarrah of Black Swan Capitalist.

The records show that XRP adoption has quietly driven financial infrastructure projects across the bloc, serving as part of its strategy to challenge the US dollar’s dominance in global trade. Archived materials from BRICS economic forums and the New Development Bank reveal that XRPL escrow and automation features were tested as tools for trade finance and settlement.

These findings underscore that XRP was not an afterthought—it has been central to ongoing research into alternatives for cross-border payments and clearing systems.

Brazil’s Central Bank Confirms XRPL Testing
Among the clearest confirmations comes from Brazil’s central bank, which acknowledged using Ripple’s ledger in distributed ledger research and proof-of-concept trials.

Private-sector initiatives in Brazil are already experimenting with tokenization and agribusiness financing on XRPL. This combination of research, pilot testing, and commercial projects signals a steady progression from theory to practice across BRICS economies.

Strategic Infrastructure for De-Dollarization
The evidence points to a deliberate, multi-year effort. BRICS nations appear to have used XRP-based tools as a testing ground for settlement systems that could bypass dollar-based infrastructure. While full-scale migration of national payment systems has not been confirmed, the consistent pattern of research and pilot deployment suggests systematic preparation.

If expanded, XRPL’s instant settlement features and programmable capabilities could significantly accelerate BRICS’ push for alternative cross-border financial channels.

Why This Matters
The revelations add weight to speculation that BRICS’ de-dollarization campaign is built on years of strategic XRP development. With documents and pilot programs now surfacing, it’s clear that Ripple’s ledger has been deeply woven into the bloc’s vision for a new financial order.

@ 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