“Tidbits From TNT” Wednesday Morning 10-8-2025

TNT:

Tishwash:  World Bank: Iraq’s Economy to Lead Arab Region in 2026 with 6.7% Growth

According to the World Bank, Iraq’s economy is expected to record the highest growth rate among Arab countries in 2026, reaching 6.7 percent.

The World Bank said Tuesday that the strong projection marks a significant improvement compared to June 2025 forecasts. The growth is driven by energy sector recovery, increased oil exports, and government efforts to boost infrastructure investment and diversify revenue sources.

"This forecast is a positive indicator of Iraq’s economic recovery and renewal of activities amid global and regional challenges,” the report stated.

Djibouti ranked second with an expected growth of 6.1 percent, followed by Qatar (5.3%), Palestine (5.1%), and the UAE (5%). Saudi Arabia is projected to grow by 4.3 percent, while Egypt and Morocco each record 4.2 percent. Lebanon, Oman, and Libya range between 3.5 and 3.6 percent.

Algeria, Bahrain, and Kuwait are expected to post growth rates between 2.5 and 3.1 percent, while Jordan and Tunisia remain below 2.7 percent, and Yemen’s growth is projected to stay flat at 2.5 percent.  link

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Tishwash:  Securities announces the acceptance of foreign investors to trade in the Iraqi market

The Securities Commission announced today, Tuesday, the acceptance of foreign investors to trade in the Iraqi market, while indicating that it contributed to providing a grant of four billion dinars to the Iraqi markets.

The Chairman of the Securities Commission, Faisal Lahims, told the Iraqi News Agency (INA): "The Commission has achieved influential accomplishments in the Iraqi economy, including regulating the work of unlicensed brokerage companies in trading in the financial markets outside the Iraqi Financial Authority. We have worked to correct this situation, and now we are in the process of licensing responsible companies by the Commission to undertake this task."

He added, "The Authority has achieved accomplishments in keeping pace with the digital development in trading on the Iraqi Stock Exchange, and participating in an exchange platform with the Abu Dhabi Stock Exchange, which will introduce us to ten new markets, in addition to accepting investors from these markets to trade on the Iraqi Stock Exchange," indicating that "the Authority was able to provide government support to the Iraqi financial markets by overcoming difficulties by developing the trading system and providing them with a grant of four billion Iraqi dinars."  link

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Tishwash: The Iraq Development Fund signs memorandums of understanding with (4) major countries

The Iraq Development Fund announced today, Tuesday, the signing of memorandums of understanding with 4 major countries, indicating that Japan's aid to Iraq amounts to billions due to its importance to it.

The Executive Director of the Iraq Fund for Development, Mohammed Al-Najjar, said in a statement to the Iraqi News Agency (INA): "The Iraq Fund for Development is open to all countries of the world, and we have several memoranda of understanding with a number of countries, including three memoranda of understanding with the French side, two memoranda with Britain, two memoranda with America, in addition to memoranda of understanding with Japan."

He pointed out that "the interest in the memorandum of understanding with Japan is that they show importance in their presence in Iraq because there is billions in aid to Iraq and since the eighties they have supported Iraq and Iraq was the most important country for Japan."

He explained that "the memoranda of understanding with Britain have been signed, and the French memoranda will be signed soon, as the memorandum includes a water project and another project to recycle sewage water and convert it into irrigation water, and this reduces the momentum for Iraq in water scarcity. As for the third memorandum, it came about the use of Shatt al-Arab water cleaning stations, and these are ready projects and will be quickly signed."  link

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Tishwash: Al-Sudani confirms the continuation of financial and banking reform.

 As part of its efforts to enhance transparency, consolidate governance, and enhance the credibility of state institutions before the international community, the government, headed by Prime Minister Mohammed Shia al-Sudani, continues to implement comprehensive reforms based on applying best financial and administrative practices, combating corruption, and ensuring compliance with laws and regulations, contributing to building a modern national economy.

In this context, the Prime Minister received a delegation from KPMG, a global auditing and financial consulting firm, yesterday, Tuesday. They reviewed existing cooperation with the Iraqi banking sector, ways to support transparency, and enhance the country's financial reputation internationally.

Al-Sudani emphasized that banking reform has become a model of commitment and trust, praising the pivotal role of financial audit firms in consolidating governance and professionalism. He emphasized the importance of leveraging the company's expertise in restructuring government companies and raising their operational efficiency, managing public debt, and drafting contracts for major strategic projects.

He also affirmed the government's support for the Central Bank and the Trade Bank of Iraq to ensure the rapid completion of audit tasks in accordance with international standards and the timetable for issuing banks' final accounts.

Regarding administrative reform, the Prime Minister chaired the 40th regular session of the Council, during which he discussed the general situation and took the necessary decisions. In light of the unified report on violations of Law No. 28 of 2019 on the Cancellation of Financial Privileges for Officials, Al-Sudani directed all government agencies to comply with the law and return any excess vehicles or protection within seven days, while referring those who refrain from doing so to the Integrity Commission to ensure the protection of public funds and promote a culture of accountability.

The Council also voted to appoint (15) general managers in various government departments, while it decided to dismiss the Director of the Investments and Contracts Department at the Ministry of Electricity and transfer him to a lower level, based on performance evaluation. These decisions reflect the government's keenness to achieve administrative reform, enhance efficiency, and link responsibility to accountability, in line with the comprehensive objectives of the government's program for economic and financial reform. link

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Iraq Economic News and Points To Ponder Tuesday Evening 10-7-25

The World Bank Expects Iraq To Lead Arab Countries In Economic Growth By 2026

Political | 03:33 - 07/10/2025  Mawazine News - Baghdad -  The World Bank forecast on Tuesday that the Iraqi economy will record the highest growth rate among Arab countries in 2026, reaching 6.7%, ranking first in the Arab world in the list of expected economic performance growth next year.

This high growth reflects a clear improvement compared to the June 2025 forecast, supported by the recovery of the energy sector and the rise in oil exports, in addition to the government's efforts to enhance investment in infrastructure and diversify sources of income.

This expected performance is a positive indicator of the recovery of the Iraqi economy and the restoration of its activity, in light of global and regional economic challenges.

Djibouti came in second place with an expected growth rate of 6.1%, followed by Qatar at 5.3%, then Palestine at 5.1%, while the UAE recorded growth at 5%.

Saudi Arabia's growth forecast reached 4.3%, followed by Egypt and Morocco with rates close to 4.2%, while growth rates in Lebanon, Oman, and Libya ranged between 3.5% and 3.6%.

Algeria, Bahrain, and Kuwait recorded moderate rates ranging between 2.5 and 3.1%, while Jordan and Tunisia recorded rates below 2.7%, and Yemen remained unchanged at 2.5%.  https://www.mawazin.net/Details.aspx?jimare=267977

The Dollar Exchange Rate Stabilizes. The Note Is Worth 142,500 Iraqi Dinars.

Economy |07/10/2025  Mawazine News - Baghdad -  The dollar exchange rate witnessed remarkable stability against the Iraqi dinar in local markets on Tuesday.  The prices were as follows:
- Selling prices: 142.500 dinars per $100.   - Buying prices: 140.500 dinars per $100.
https://www.mawazin.net/Details.aspx?jimare=267964

Oil Prices Continue To Rise After OPEC+ Production Increases

Economy | 09:18 - 07/10/2025   Mawazine News - Follow-up:  Oil prices rebounded on Tuesday, thanks to a smaller-than-expected increase in OPEC+ production, which helped ease concerns about a supply glut.

Brent crude futures rose 23 cents, or 0.35%, to $65.70 a barrel by 03:56 GMT. U.S. West Texas Intermediate (WTI) crude rose 21 cents, or 0.34%, to $61.90 a barrel.

Both contracts settled more than 1% higher in the previous session after OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC), Russia, and some smaller producers, decided to increase its oil production by 137,000 barrels per day starting in November, according to Reuters.

Analysts at ING said the move contradicts market expectations for a stronger return to supply and is a sign that the group remains cautious about increasing its production share in the global oil market amid expectations of a supply surplus in the fourth quarter and next year.

The group raised its oil production target by more than 2.7 million barrels per day this year, equivalent to about 2.5% of global demand.
Geopolitical factors supported prices, as the conflict between Russia and Ukraine impacted energy assets and fueled uncertainty about Russian crude supplies.

Two industry sources said on Monday that Russia's Kirishi oil refinery shut down its most productive distillation unit after a drone attack that caused a fire on October 4, and that repairs were likely to take about a month.

However, analysts said oil prices came under pressure as investors see the potential for a supply surplus amid increased supplies from OPEC+ and non-OPEC producers. Furthermore, any slowdown in demand due to weak economic growth caused by US tariffs is likely to exacerbate the surplus.  https://www.mawazin.net/Details.aspx?jimare=267957

Yellow Metal Prices Reach An All-Time High

Economy | 09:09 - 07/10/2025   Mawazine News - Follow-up  Gold hit a record high on Tuesday as political tensions between the two chambers of the US Congress that led to a government shutdown continued, while expectations of a near-certain Federal Reserve interest rate cut this month supported prices.

Spot gold was up 0.1% at $3,965.39 per ounce by 03:08 GMT, after hitting an all-time high of $3,977.19 earlier in the session.    US gold futures for December delivery also rose 0.3% to $3,988.10.

Markets continue to price in an additional 25 basis point rate cuts in both October and December, with 95% and 83% odds, respectively, according to the CME FedWatch tool.

Gold thrives in a low interest rate environment and during economic uncertainty.

Gold has risen 51% so far this year, driven by strong central bank buying, increased demand for gold-backed exchange-traded funds (ETFs), a weaker dollar, and increased interest from individual investors seeking to hedge amid escalating trade and geopolitical tensions.

Among other precious metals, spot silver fell 0.1% to $48.49 an ounce, platinum fell 0.4% to $1,619.62, and palladium rose 0.1% to $1,325.71.   https://www.mawazin.net/Details.aspx?jimare=267955

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

Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 10-7-25

Good Afternoon Dinar Recaps,

BRICS Unveils Plan to Replace the U.S. Dollar — While India Runs a Bold Gold Auction

Two concurrent moves from the bloc suggest an accelerating shift in monetary architecture and reserve strategy.

BRICS’ Bold Dollar Challenge

  ● Precious Metals Exchange Launch: At the 2025 Moscow Financial Forum, BRICS announced plans for a trading platform allowing countries to settle in gold, platinum, diamonds, and rare earths — sidestepping SWIFT and traditional commodity exchanges. 
  ● Resource Leverage: BRICS controls ~72% of rare earth reserves, anchoring their plan not on fiat alone, but on tangible assets. 
  ● Trade Bypass: As of now, ~68% of BRICS trade is alleged to bypass the dollar, and 90% of Russia–China trade occurs in local currencies. 
  ● Not a New Currency (Yet): Rather than founding a fresh fiat, BRICS seems to be constructing alternative rails and asset-backed exchanges to challenge dollar dominance. 

The strategy is not about sudden overthrow — it’s about building parallel systems that gradually erode dollar dependence.

India’s Gold Auction: Strategic Signal in Reserve Strategy

  ● Gold Auction Mechanism: The Central Bank of India holds auctions of pledged gold (from defaulted loans) through online platforms, recovering owed amounts. 
  ● Reserve Accumulation: The RBI added about 72.6 tons of gold in 2024, pushing India’s holdings toward 876 tons. 
  ● Dual Strategy: This auctioning (liquidation) coexists with aggressive accumulation — reflecting a dual posture of discipline and expansion in gold reserves. 
  ● Part of the Bloc Trend: India’s actions mirror a broader acceleration of gold acquisition by central banks within BRICS and beyond. 

India’s move is more than internal reserve management — it signals alignment with BRICS’ structural shift in monetary strategy.

How This Fits Into the Global Restructuring

• From Fiat to Asset Anchors: The shift from purely fiat systems toward gold- or resource-backed exchanges signals a redefinition of what constitutes money.

• Parallel Rails Over Revolution: Rather than overthrowing the dollar outright, BRICS is building alternatives (payment systems, commodity-based settlement, resource exchanges).

• Sovereignty Over Dependence: Nations using these new rails gain independence from U.S. sanctions, dollar volatility, and centralized financial control.

• Multipolar Monetary Architecture: These initiatives fragment the once-monolithic dollar regime, enabling a world where multiple reserve systems co-exist.

As these systems scale, capital, credit, and trade flows will gravitate toward those offering reliability, autonomy, and immunity from centralized leverage.

Why This Matters / Key Takeaway

BRICS’ unveiling of a precious minerals settlement exchange, paired with India’s assertive gold auction and reserve build, is not mere symbolism — it’s the architecture of a new financial order being erected.

These parallel rails and asset-anchored structures are extracting power from legacy systems and redistributing it across sovereign partners.

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

@ Newshounds News™ Exclusive

Sources:  Watcher Guru,  Watcher Guru,  Investing News Network (INN),  CryptoRank

~~~~~~~~~

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MilitiaMan and Crew: IQD News Update-Digital Trade-Gold-Electronic Mechanisms

MilitiaMan and Crew: IQD News Update-Digital Trade-Gold-Electronic Mechanisms

10-7-2025

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=DQkeGdKh9eQ

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

Iraqi Securities Commission launches major reforms to boost investment and meet Vision 2030

IRAQ Jawad Al-Samarraie October 6, 2025

Baghdad (IraqiNews.com) – The Iraqi Securities Commission (ISC) announced today, Monday (October 6, 2025), a comprehensive strategy to modernize the country’s capital market, asserting that the reforms are fundamental to achieving Iraq’s Economic Vision 2030. The announcement was made by Chairman Faisal Al-Himais during the “Global Investor Week” conference, marking the ISC’s 21st anniversary.

Al-Himais emphasized that the government, under Prime Minister Mohammed Shia Al-Sudani’s patronage, is committed to creating a transparent environment, positioning the Iraq Stock Exchange (ISX) as a key engine for economic growth. This commitment involves modernizing both the legal and technical foundations of the market.

Yasin Taha Weis, a member of the ISC Council, detailed the legal reforms, confirming that the ISC is working to replace the outdated Coalition Provisional Authority (CPA) legislative order of 2004 with a new law that will increase investment guarantees.

This proposed law has already had its second reading in Parliament. Additionally, the ISC is upgrading the infrastructure and work methods of the ISX by collaborating with major international companies that specialize in electronic trading systems.

The commission’s strategy is twofold: to enhance oversight and organization, and to significantly expand the base of listed companies. According to Weis, increasing the number of listed companies and improving their performance is vital, as it directly correlates with greater investor engagement and a rise in the total volume of investment in the market.   https://www.iraqinews.com/iraq/iraqi-securities-commission-vision-2030-reform/

 Kirkuk-Banias Pipeline And Its Strategic Importance
 
Economic 2025/10/07  Dr. Hamid Rahim Janani     Concerns remain about the fate of Iraq's oil export capacity in the event of conflicts in the region. It is illogical for 90 percent of exports to be dependent on the Strait of Hormuz, which is under constant security and military pressures, evident in the escalating statements of the warring states from time to time.

Radical solutions may require specific approaches, projects, and significant effort, and even a relatively long period of time to achieve a high degree of flexibility in export outlets. What is important is to implement short- and medium-term measures to achieve radical strategic solutions in the long term.

The issue of the oil pipeline from Kirkuk Governorate to the Baniyas oil port in Tartous Governorate, northwest of Syria, on the Mediterranean coast, was recently raised. This issue could constitute a pivotal point in Iraq’s export policy.

This pipeline was established in the 1950s with an export capacity of up to (300) barrels per day, with a length of (891) km and a diameter of (30) inches. Pumping in the pipeline stopped during the Iran-Iraq war.

The pipeline was restarted in 2000, but it broke down again. It was exposed to significant damage after 2003 and is still stopped.

The efforts of the governments in Iraq and Syria to revive this pipeline have surfaced, and here comes the role of economic analysis in determining the importance of this step if it is successful, as the rehabilitation costs are estimated at (8) billion dollars, and it is possible to change the export capacity to reach (700) thousand, which is a relatively good thing, and may largely justify the size of the costs necessary for re-operation.

This pipeline also constitutes an important factor in diversifying export outlets and alleviating the state of Focusing on the Strait of Hormuz, and as is clear, transport via pipelines is the least expensive of all means of transport, which enhances the chances of maximizing oil profits if it is possible to export a larger quantity of oil via pipelines instead of sea tankers and land transport.

 It is important to point out a very important issue, which is the possibility of Iraq possessing a card that gives it strength in its negotiations with the Turks regarding the (Ceyhan) pipeline, given that the outlets will be more available to Iraq and will not be limited to the Turkish side only.

The project is large and will represent a qualitative shift that enhances Iraq’s oil status, so the pace must be accelerated and solutions must be found to the outstanding problems, especially the security one.

It is also necessary to involve foreign parties in financing, consulting or investment partnerships to link interests, while studying the possibility of increasing the export capacity to numbers greater than what was mentioned. https://alsabaah.iq/121711-.html   

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

Seeds of Wisdom RV and Economics Updates Tuesday Morning 10-7-25

Good morning Dinar Recaps,

India Launches Foreign Currency Settlement System via GIFT City

By enabling local foreign exchange settlements, India accelerates its shift toward financial sovereignty and reduces reliance on Western clearing networks.

What’s New & Why It Matters

  ● GIFT City System Launch: India has launched a foreign-currency settlement system in its GIFT City financial hub. Transactions in USD (and other currencies) can now be settled locally, avoiding time delays through overseas correspondent banks. 
  ● Standard Chartered Role: Standard Chartered India is supporting U.S. dollar clearances under the new framework.
  ● Strategic Ambition: This move strengthens India’s capacity to control its own financial infrastructure and signals a step toward reducing dependency on legacy global rails.

How It Relates to Global Financial Restructuring

• Decentralizing dominance: India is carving out alternatives to traditional Western-dominated settlement systems.

• Regional gravity shift: As major economies build own rails, capital flows may realign closer to India or South Asia.

• Incremental resilience: With local settlement, India insulates itself from external disruptions in cross-border finance.

Key Takeaway

India’s move is more than infrastructure upgrade — it’s a deliberate pivot toward monetary autonomy in a fracturing financial world.

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

@ Newshounds News™ Exclusive
Source:  Financial Times, Reuters

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France’s Government Collapse: A Warning Sign for Western Order

When political dysfunction strikes key Western states, it weakens the pillars of the old global financial and governance architecture.

What Happened

  ● Historic Resignation: Prime Minister Sébastien Lecornu resigned just hours after unveiling his cabinet, making it the shortest-lived government in modern French history.
  ● Market Turmoil: French stocks tumbled ~1.4–2%, bond yields spiked, and the euro weakened. 
  ● Credit Warning: Rating agencies issued fresh warnings over France’s sovereign credit outlook amid deep political paralysis. 

Underlying Drivers & Systemic Risks

• Fragmented Parliament: France’s legislature is deeply split, making coalition governance nearly impossible.

• High Debt & Deficits: Public debt exceeds 110% of GDP, with deficits far beyond EU thresholds. 

• Political Polarization: Distinct right, left, and centrist blocs prevent consensus.

• Legitimacy Crisis: Repeated government failures erode faith in institutions and accelerate political fatigue.

Global Implications & Connections to Restructuring

• Weakening Western Anchors: When major Western powers falter, their financial and diplomatic influence weakens — creating space for alternative blocs.

• Risk Premiums & Capital Flight: Investors may redirect capital to more stable regimes or emerging powers.

• Dollar & Euro Pressure: Financial turmoil can stress reserve currencies and inspire deeper de-dollarization or parallel systems.

• Institutional Erosion: The failure of governance in key nations accelerates the shift toward multi-pole structures, regional alliances, and financial fragmentation.

Why This Matters

France is not just another European country — it’s a central pillar of EU influence, NATO strategy, and global finance. Its instability sends shockwaves through markets and institutions alike.
If Western systems crumble, the architecture they built becomes vulnerable to replacement.

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

@ Newshounds News™ Exclusive

Sources:  Modern Diplomacy, Reuters

~~~~~~~~~
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Follow the Gold/Silver Rate COMEX

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Seeds of Wisdom Team™ Website
Thank you Dinar Recaps

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

TNT:

Tishwash:  A large US military convoy enters Baghdad through the Al-Suqour checkpoint west of the capital - Urgent

 A local source reported, on Monday (October 6, 2025), that more than 50 American military vehicles crossed the Al-Suqour checkpoint on the international road linking Anbar and the capital, Baghdad.

The source told Baghdad Today, "The convoy included various military vehicles, including armored vehicles and minesweepers, in addition to large containers believed to be carrying logistical equipment and military supplies."

He added that "the movement took place under tight security measures, with Iraqi forces deployed along the route," noting that "this convoy is one of the largest US movements in recent months." link

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Tishwash:  Sudanese: Exchange rate reform in Iraq should be an example of commitment and confidence

 According to Prime Minister Mohammed Shia al-Sudani, on Tuesday, the currency reform in Iraq should be an example of commitment and confidence.

 The Sudanese will receive today a delegation from KPMG, an international financial audit and consulting firm, during the ongoing protests, the press office said in a statement The company's cooperation with the Iraqi Monetary Authority guarantees the government's efforts to enhance the transparency of its operations and maintain the financial reputation of Iraq.

 Sudani pointed out that "monetary reform in Iraq should serve as an example of commitment and confidence, and the role that financial audit companies play in the government's pursuit The government is looking forward to several strategic partnerships with these companies through the credibility of the Iraqi state institutions International Finance and Economics Complex"

 "Iraq is committed to implementing the government's financial and spending reform program, and has played a role in improving financial classification and raising the confidence of international companies," he said "It is a great achievement in the implementation of compliance standards and the fight against money laundering, and the transition to the latest electronic accounting system.

 He stressed the importance of using the company's expertise in the structure of public companies to promote operational efficiency, public religious administration, technical and legal advice Specialist in contract formulation for large strategic projects"Z

 The Government supports the efforts of the Central Bank of Iraq and the Iraqi Bank for Commerce in the technical coordination agreement with KPMG to ensure the speedy completion of due diligence and compliance According to international standards, the timetable for the issuance of final expenditure accounts”, he stressed that “the government emphasizes transparency and financial issues as fundamental pillars in construction  link

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Tishwash:  The Prime Minister directs the relevant ministries and authorities to remove obstacles facing the private sector.

Prime Minister Mohammed Shia al-Sudani directed the relevant ministries and authorities on Monday to remove obstacles facing the private sector, stressing the importance of providing an appropriate environment for its work in various industrial fields.

The Prime Minister's media office said in a statement that "Prime Minister Mohammed Shia al-Sudani chaired the periodic meeting of the Industrial Coordination Council, attended by the Minister of Finance and the Ministers of Oil, Trade, Industry and Minerals, the Chairman of the Advisory Board, the Chairman of the Iraqi Federation of Industries, and a group of representatives of the industrial sector."

According to the statement, al-Sudani directed "all relevant ministries and authorities to remove obstacles facing the private sector and adapt laws to benefit industrial development plans and projects implemented across Iraq," stressing "the importance of providing an appropriate environment for the private sector to operate in various industrial fields by focusing on the industrial, legal, and legislative environment to ensure the wheel of investment in the country is moving.

" He also directed "members of the Industrial Coordination Council to pay attention to the private industrial sector and work to resolve the problems and obstacles facing its work, with the aim of expanding its participation and activity in developing the national economy."

The statement continued, "The meeting reviewed the topics on the agenda, as it was agreed to include partnership contracts concluded in all public companies affiliated with the Ministry of Industry and Minerals, with the private sector, by Cabinet Resolution (24413 of 2024), until the issuance of the new Federal General Budget Law, and because paragraph (Supporting the Industrial Sector / 2 / First) of the aforementioned resolution came in an absolute manner to include all raw materials entering into local industries without discrimination between the importing party."

He added, "The meeting witnessed approval to reduce the price of liquefied gas (LPG) to become (300) thousand dinars per ton, for industrial projects, except for brick factories that have a certificate of completion of establishment issued by the General Directorate of Industrial Development, the National Investment Authority or all investment authorities," explaining, "It was agreed to oblige ministries and entities not affiliated with a ministry and all governorates to cover their needs for liquid medical gases, industrial gases, liquid nitrogen, and argon from national factories."

He pointed out that "the meeting approved exempting industrial projects from the advertising and competition requirement, provided that the Minister of Industry and Minerals and the head of the Federation of Industries submit a specific recommendation on the matter."

 He explained that "the meeting agreed not to relocate industrial projects that have obtained the necessary approvals from the General Directorate of Industrial Development at the Ministry of Industry and Minerals, the National Investment Commission, and the Federation of Industries, which prove that they do not impact the environment according to environmental impact studies, and that the relevant departments in the governorates will direct industrial project owners to address their environmental violations."

Regarding addressing obstacles to the separation and ownership of industrial project owners established on common agricultural lands, the statement stated that "the Iraqi Federation of Industries was directed to hold a workshop attended by the Director General of the Real Estate Registration Department and the Director General of the Agricultural Lands Department, regarding environmental issues, while obligating the governorates to obtain the approval of the industrial and agricultural sector authorities before proceeding with the procedures for updating urban planning for cities."

He pointed out that "the Ministry of Trade's proposals were approved, which include the Ministry of Trade/Private Sector Development Department, in coordination and cooperation with the Ministries of Industry and Minerals, Planning, Labor and Social Affairs, and the Iraqi Federation of Industries, to prepare training programs for the private sector to develop small and medium enterprises, as well as expand contracts with local factories to market their products through their hypermarket outlets."

As part of the steps to support the national product and advance the production and industrial sector, the statement explained that "approval was given to update the Ministry of Planning's guide to encourage national products, regarding information related to industrial sectors on the ministry's electronic platform."   link

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Mot: Dang - Those Daze Were tough!!!!  

Mot: . Bestest Server Ever!!!!!

Iraq Economic News and Points To Ponder Monday Evening 10-6-25

The Prime Minister Directs The Relevant Ministries And Authorities To Remove Obstacles Facing The Private Sector.
 
Yesterday, 19:10 Baghdad – INA   Prime Minister Mohammed Shia al-Sudani   directed relevant ministries and agencies on Monday    to remove obstacles facing the private sector,  stressing the importance of providing an enabling environment for private sector activity  across various industrial sectors.

The Prime Minister's media office said in a statement received by the Iraqi News Agency (INA):
 
"Prime Minister Mohammed Shia al-Sudani  chaired the regular meeting of the Industrial Coordination Council,in the presence of the    Minister of Finance and the    Ministers of Oil, Trade, Industry and Minerals, the    Chairman of the Advisory Board, the    Chairman of the Iraqi Federation of Industries, and a group of    representatives of the industrial sector." 
 
Al-Sudani directed, according to the statement,    "all relevant ministries and authorities to  remove obstacles facing the private sector and   adapt laws to support  industrial development plans and  projects implemented throughout Iraq."
 
He stressed the    importance of providing a suitable environment for the private sector        to operate in various industrial fields,  by focusing on the industrial,   legal, and  legislative environment   to ensure the wheel of investment is stimulated in the country.
 
He also directed "members of the Industrial Coordination Council to    prioritize the private industrial sector and    work to resolve the problems and obstacles facing its operations,  with the aim of expanding its  participation and   activity in  developing the national economy."
 
The statement continued,   "The meeting reviewed the topics included on the agenda,as it was agreed to include partnership contracts concluded in all public companies affiliated with the Ministry of Industry and Minerals, with the private sector, by Cabinet Resolution (24413 of 2024),
 
until the issuance of the new Federal General Budget Law, and because the paragraph (Supporting the Industrial Sector / 2 / First) of the aforementioned resolution came in an absolute manner to include all raw materials entering into local industries without discrimination between the importing party." 

He added,   "The meeting witnessed the approval to    reduce the price of the liquefied gas product (LPG) to become (300) thousand dinars per ton, for industrial projects,  except for brick factories    that have a certificate of completion of establishment  issued by the  General Directorate of Industrial Development, the National Investment Authority or   all investment bodies," explaining,
 
"It was approved to oblige    ministries and    entities not affiliated with a ministry and    all governorates  to cover their needs for   liquid medical gases,   industrial gases, liquid nitrogen, and    argon   from national factories."  He pointed out that
 
"the meeting approved exempting industrial projects from the advertising and competition requirement, 
provided that the  Minister of Industry and Minerals and the    head of the Federation of Industries  submit a specific recommendation on the subject," explaining that
 
"the meeting agreed not to transfer industrial projects that have obtained the necessary approvals from the General Directorate of Industrial Development at the Ministry of Industry and Minerals, the National Investment Authority, and the Federation of Industries,
 
which prove that they do not have an impact on the environment according to environmental impact studies, and that the relevant departments in the governorates direct the owners of industrial projects to address their environmental violations."

Regarding addressing the obstacles to the allocation and ownership of industrial projects established on shared agricultural land, the statement stated that
 
"the Iraqi Federation of Industries was directed to hold a workshop attended by the Director General of the Real Estate Registration Department and the Director General of the Agricultural Lands Department, regarding environmental issues, with the governorates being required to obtain the approval of the industrial and agricultural sector authorities before proceeding with urban planning modernization procedures for cities."  He pointed out that
 
"the Ministry of Commerce's proposals were approved, which include the Ministry of Commerce/Private Sector Development Department coordinating and cooperating with the Ministries of Industry and Minerals, Planning, Labor and Social Affairs, and the Iraqi Federation of Industries, to prepare training programs for the private sector to develop small and medium enterprises, as well as expanding contracts with local factories to market their products through their hypermarket outlets."
 
As part of efforts to support national products and advance the production and industrial sector, the statement explained that "approval has been given to the Ministry of Planning to update the National Product Promotion Guide, with regard to information pertaining to industrial sectors, on the ministry's electronic platform."   https://ina.iq/ar/economie/245087-lpg.html    

Internal Audit Charter
 
October 06, 2025      Internal Audit Charter      :diamonds: 2019  / 2021 / 2025   

 https://cbi.iq/static/uploads/up/file-164490791249341.pdf  

   https://cbi.iq/static/uploads/up/file-164490793413698.pdf

    https://cbi.iq/static/uploads/up/file-175973217568117.pdf
  
https://cbi.iq/news/view/3003   

Securities: Modernizing The Working Methods In The Iraqi Market In Cooperation With Specialized International Companies

Local   The Securities Commission confirmed on Monday that it is modernizing the infrastructure and operating methods of the Iraqi market in cooperation with specialized international companies, while emphasizing its efforts to enhance oversight and expand the base of listed companies.

Member of the Securities Commission Board, Yassin Taha Weiss, said: “The Commission is the body responsible for monitoring, supervising and regulating the securities sector in Iraq, and was established pursuant to Legislative Order No. (74) of 2004, which defined its legal, administrative and financial duties.

He added, "The Commission, twenty-one years after its establishment, is still young and capable of growth and development, and has witnessed remarkable progress in the preparation of regulations and systems."

He explained that "the Commission is currently working on preparing a new draft law to replace the dissolved Coalition Provisional Authority order, in line with modern Iraqi legislation and increasing investment guarantees."

He added, "The proposed law has been given a second reading in the House of Representatives and is expected to strengthen the legal and regulatory environment for the securities sector."

He noted that "the Commission has developed in the areas of regulation and supervision, and has contributed to supporting the Iraq Stock Exchange by modernizing its infrastructure and working methods in cooperation with major international companies specializing in electronic systems for securities trading."

Weiss pointed out that "the Authority is looking forward to increasing the number of listed companies and improving their performance," explaining that "improved performance of joint-stock companies leads to increased investor interest in trading their shares, and the broader the base of listed companies, the higher the volume of investment in the market, which is the goal the Authority is seeking to achieve in coordination with relevant sectoral entities."
https://economy-news.net/content.php?id=60815

Rafidain Bank Closes Its Branches In Sana'a After Previous US Threats.

Banks  Economy News – Baghdad   Yemeni Minister of Information, Culture and Tourism Muammar al-Eryani revealed on Sunday that the Iraqi state-owned Rafidain Bank has closed its branches in Sana'a.

Al-Eryani said in a blog post on the "X" website that "the decision of the Iraqi Rafidain Bank to close its branch in Sana'a and end its financial and banking activities is a step in the right direction and a direct result of international efforts aimed at drying up the sources of funding for the terrorist Houthi group affiliated with Iran."

He pointed out that this measure "reflects a positive response to government warnings and US and international pressure, and sends a clear message to other regional and international financial institutions about the need to review their activities and ensure they do not fall into the cycle of exploitation or use to serve the agendas of the Iranian regime and its terrorist arms in the region."

Al-Eryani asserted that "the Houthis have transformed financial and banking institutions operating in areas under their control into tools for plundering Yemenis' money and financing their cross-border terrorist activities."

Last August, US Representative Joe Wilson accused the state-owned Rafidain Bank of conducting financial transactions with the Houthi group in Yemen, threatening to cut off US financial support to Iraq as a result.

Wilson wrote in a post on X (formerly Twitter) that "the Iraqi state-owned Rafidain Bank is conducting financial transactions for the Houthis, a terrorist organization," adding, "We have a name for these countries: state sponsors of terrorism."

"I will work to cut off funding to Iraq during the next appropriations legislation" in the US budget, he added.

Wilson also urged the US Treasury to "punish" Rafidain Bank.  https://economy-news.net/content.php?id=60756

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

Iraq Economic News and Points To Ponder Monday Afternoon 10-6-25

Imminent Economic Explosion
 
Smuggling dollars under the guise of gold is pushing the mithqal toward "one million," and popular concern is growing about the collapse of purchasing power.

Economy / Special Files | Baghdad Today – Baghdad   Iraq is witnessing a complex gold crisis in early fall 2025, combining two main dimensions: the first is the record-breaking rise in gold prices both locally and globally, with the price of a mithqal approaching one million dinars; the second is the use of imports as a cover for smuggling dollars abroad.

This dual equation has placed the Iraqi economy under increasing pressure, threatening monetary and social stability at a time of escalating regional tensions and increasing fragility in global markets.

Economic expert Nasser Al-Kanani explained to Baghdad Today that "the price of a mithqal of gold has reached unprecedented levels, approaching one million dinars, sparking widespread concern among citizens and traders.

This sharp rise is linked to intertwined internal and external factors, most notably the rise in global gold prices as a result of geopolitical tensions and slowing economic growth, in addition to the decline in the value of the Iraqi dinar against the dollar due to speculation and the scarcity of hard currency in the local market."

Al-Kanani points out that the increased demand for gold locally as a safe haven for storing money amid financial market instability has contributed to the amplification of the crisis, especially given the absence of clear fiscal policies and weak oversight mechanisms for goldsmith markets. These factors have raised the costs of marriage and popular savings to unprecedented levels, reflecting the profound social dimensions of the economic crisis.

For his part, economic expert Ahmed Al-Tamimi confirmed to Baghdad Today that the import operations themselves have turned into a means of smuggling hard currency.

 Al-Tamimi told Baghdad Today, "Recently, we have witnessed gold imports from the UAE and Turkey more than in previous periods, which indicates the presence of dollar smuggling operations through such import operations, especially since the dollar for these operations is exchanged at the official rate via a special platform, which generates significant profits for some of these smugglers."

Al-Tamimi stressed that "there must be strict controls on gold imports from abroad, and imports must be according to specific weights and timescales between each transaction." He warned that the continuation of this pattern could lead to "renewed US measures on the dollar in Iraq."

According to economic estimates, the continued exploitation of the official dollar platform for imports exposes Iraq to additional pressure on the financial system and increases the likelihood of international restrictions or sanctions.

Independent MP Kazim Al-Fayyadh revealed in an interview with Baghdad Today that "there are fake and non-fake companies working to smuggle currency in various illegal ways, some of which were uncovered by the competent authorities in recent times.

" Al-Fayyadh added that "despite the tightening of security and oversight by the Central Bank and other agencies, these companies are still working to smuggle currency, and this is considered the most prominent reason for the continued rise of the dollar in the parallel market."

The statements reflect the nature of the overlap between economics and politics, as some of these companies operate under the cover of influential parties, which complicates the task of oversight and security agencies and makes smuggling a persistent phenomenon despite government campaigns.

The Parliamentary Security and Defense Committee, for its part, announced the implementation of a series of operations against currency smuggling mafias. Committee member MP Yasser Iskandar Witout told Baghdad Today, "Smuggling hard currency in all its forms drains the country's economic capabilities and leads to pressure on markets by raising the exchange rate, which in turn leads to higher prices.

" He added, "Six operations carried out in recent months represent qualitative strikes against hard currency smuggling mafias in Iraq, and they have borne fruit." However, he stressed that "smuggling has not ended yet, and efforts are ongoing to end it."

These attacks reveal an ongoing confrontation between state institutions and parallel economic networks. Security interventions have partially curbed the phenomenon, but the absence of long-term institutional solutions allows it to return in various forms.

From these data, it's clear that gold in Iraq has transformed from a mere consumer and investment commodity into a strategic asset reflecting broader crises. While the state benefits from the increased value of its gold reserves and the strengthening of the central bank's monetary position, society is paying a heavy price through price hikes and declining purchasing power, while imports become parallel channels for dollar smuggling.

Independent research estimates confirm that any radical solution requires linking fiscal and monetary policies with security measures, rebuilding oversight mechanisms for gold trade and imports, and providing citizens with alternative savings instruments that reduce their reliance on gold alone. Without these steps, gold in Iraq will remain a symbol of a double crisis: official gain and popular loss.

Source: Baghdad Today Monitoring and Follow-up Department   https://baghdadtoday.news/284526-.html

Iraq Is The First Arab Country To Buy Gold.

Money and Business  Economy News – Baghdad   The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Monday that Iraq has become the Arab world's leading buyer of gold. He also noted that Iraq is working to localize the gold and jewelry industry within the country by launching the Global Gold City project.

Saleh said, "The Global Gold City, recently approved by the Council of Ministers in the capital, Baghdad, is expected to be completed within two to five years, with partial and gradual activation of the city beginning immediately under the supervision of the Ministry of Trade and in coordination with the National Investment Commission, which granted the land and investment license."

He added, "This city is expected to bring about a qualitative shift in regulating the gold and jewelry trade in Iraq in accordance with international standards, through the establishment of a transparent exchange, accredited laboratories, strict quality controls, and anti-money laundering measures, including monitoring gold sources and trading records, within a clear legislative and regulatory framework, including licensing laws, industry standards, and oversight mechanisms."

He emphasized that "the project's goal is to localize the gold and jewelry industry within Iraq, instead of its continued reliance on imports. It also aims to provide job opportunities and vocational training for Iraq's growing human capital, interested in crafting gold according to international standards."

Saleh continued, "The project is currently in the preparation and implementation phase, including land allocation, issuing investment licenses, preparing infrastructure, and establishing relevant factories and laboratories, all under the direct supervision of the Ministry of Commerce."

He explained that "the project is being implemented within the concept of an 'integrated economic city,' which will enhance Baghdad's position as a regional center for the gold and jewelry industry and trade, as well as raise Iraq's ranking on global gold exchanges."

He pointed out that "Iraq ranked first in the Arab world in gold purchases, according to 2024 statistics, with imports ranging between 50 and 70 kilograms flowing into the country daily."https://economy-news.net/content.php?id=60812

Gold Prices Rise To Record Highs In Baghdad 

Economy | 12:37 - 06/10/2025  Mawazine News – Baghdad  Gold prices in global and local markets recorded a significant increase on Monday, as the price of a 21-karat gold mithqal approached the 800,000 Iraqi dinar barrier.
The following is a breakdown of gold prices:

A 21-karat mithqal is 798,000 Iraqi dinars.          An 18- karat mithqal is 684,000 Iraqi dinars.
A 22-karat mithqal is 836,000 Iraqi dinars.          A 24-karat mithqal is 912,000 Iraqi dinars.
https://www.mawazin.net/Details.aspx?jimare=267915

Iraq Increases Gold Reserves To163 Tons

IRAQ Amr Salem October 5, 2025  Baghdad (IraqiNews.com) – The Prime Minister’s Advisor for Financial Affairs, Mazhar Saleh, revealed on Saturday that Iraq’s gold holdings have climbed to around 163 tons.

In a statement to Rudaw News, Saleh explained that the country’s gold reserves have climbed dramatically to 163 tons compared to 152.6 tons in October 2024.

The increase in these assets demonstrates Iraq’s strong financial and economic stability, according to Salih, who added that Baghdad’s significant reserves attract international investment and provide a long-term economic infrastructure for the country.

The World Gold Council announced in early September that Iraq’s gold reserves had remained stable.

According to the council’s most recent assessments, Iraq has made no gold purchases since the beginning of 2025. The council highlighted that it remained in 29th place internationally with the highest gold reserves.

Iraq’s gold holdings amounted to 162.7 tons, or 16.9 percent of its total foreign reserves.

Furthermore, following Saudi Arabia, Lebanon, and Algeria, Iraq kept its fourth rank among Arab countries.

In response to growing economic and geopolitical threats, central banks worldwide are increasing their holdings of bullion.

The country’s gold reserves increased by 45.1 percent in the fourth quarter of 2024 compared to the same period in 2023, according to data released earlier in March by the Central Bank of Iraq (CBI).

Iraq’s gold holdings show the country’s continued efforts to diversify its foreign reserves while also improving long-term financial and monetary stability.    https://www.iraqinews.com/iraq/iraq-increases-gold-reserves-to163-tons/

Basra crude prices rise in line with rising global oil prices.

Monday, October 6, 2025, | Economics  Reads: 218  Baghdad/ NINA / The prices of Basra Heavy and Medium crude oils rose in conjunction with the rise in global oil prices.

Basra Medium crude oil rose to $64.76 per barrel, while Basra Heavy crude oil recorded $63.21 per barrel, with a change rate of -0.98 for both.

Globally, Brent crude oil rose to $65.42 per barrel, while US West Texas Intermediate crude oil recorded $61.67 per barrel, with a change rate of +0.87 and +0.89, respectively.  https://ninanews.com/Website/News/Details?key=1255545

The Dollar Continues To Stabilize In Local Markets In Baghdad.

Economy | 06/10/2025  Mawazine News - Baghdad -  The US dollar exchange rate witnessed remarkable stability against the Iraqi dinar in local markets on Monday.  The selling price reached 142,500 dinars for $100, while the buying price reached 140,500 dinars for $100.  https://www.mawazin.net/Details.aspx?jimare=267913

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

Seeds of Wisdom RV and Economics Updates Monday Afternoon 10-6-25

Good Afternoon Dinar Recaps,

South America Signals Readiness to Join the BRICS Payment System

Latin America edges closer to a post-dollar trade era as BRICS expands its financial reach toward the Western Hemisphere.

A Regional Shift Toward Multipolar Finance

  ● Russia’s Deputy Foreign Minister Sergey Ryabkov confirmed that South American nations are ready to adopt the BRICS cross-border payment initiative — a bold expansion of the bloc’s financial architecture.
  ● This comes as BRICS accelerates its Economic Partnership Strategy through 2030, designed to move global trade beyond U.S.-centric clearing systems. 
  ● The initiative was formally discussed during the 2025 BRICS Summit, with Brazil — the current chair — playing a central coordination role.

Ryabkov’s remarks at the “Russia and Ibero-America in a Turbulent World” conference underscore that this is not theoretical diplomacy — it’s practical infrastructure building.

BRICS Payment Initiative: A New Trade Architecture

  ● The cross-border payment platform, expected to be operational by 2030, will allow settlements in local currencies, gold-linked assets, or digital tokens anchored to BRICS reserves.
  ● Latin American adoption would be transformative, connecting commodity-rich nations to an alternative settlement grid beyond SWIFT.
  ● Energy exporters like Brazil, Venezuela, and Argentina could gain new leverage — trading oil, lithium, and agricultural products without routing through the dollar.

This is not just technical evolution — it’s monetary sovereignty in motion.

The Dollar’s Strategic Challenge

If South America and Africa both integrate with the BRICS system, the U.S. dollar’s dominance could face structural erosion:

  ● Fewer trade settlements in USD would reduce global demand for Treasuries, tightening U.S. liquidity.
  ● The Federal Reserve’s influence on international money flows would diminish as BRICS rails expand.
  ● Dollar-centric inflation control would weaken — undermining Washington’s fiscal stability.

The Federal Reserve’s challenge is existential:
keeping the dollar at the center of trade is not just policy — it’s survival.
And BRICS knows this.

Why Latin America’s Participation Matters

  ● The Western Hemisphere has long been Washington’s financial sphere, dominated by IMF and SWIFT channels.
  ● A shift toward BRICS rails represents a quiet geopolitical reversal, where the South American bloc aligns financially with Eurasia rather than the U.S.
  ● It also cements Brazil’s dual identity — a founding BRICS member and a regional bridge for new trade architecture.

Such participation could ignite a continental ripple effect, pulling in neighbors seeking stable trade alternatives and access to Chinese, Indian, and Russian markets.

Africa, Asia, and the Expanding BRICS Web

  ● Parallel negotiations are under way across Africa, where nations like Egypt, Ethiopia, and South Africa are already testing settlement models within the BRICS ecosystem.
  ● Asia’s mid-tier economies — Indonesia, Malaysia, and Thailand — are also building bridges to BRICS’ payment protocols.
  ● Together, these efforts amount to a slow-motion but deliberate realignment of global monetary power away from Western institutions.

This network of interoperable payment systems is laying the groundwork for a post-Bretton Woods financial order.

Why This Matters

The BRICS-South America integration isn’t just another diplomatic headline — it’s a real-world step in dismantling the dollar monopoly.
If implemented by 2030, it could reshape how trade, credit, and reserves flow across the Global South — and eventually the world.

This movement reveals an unavoidable truth: global finance is no longer controlled from a single capital.
Power is diffusing — technologically, economically, and politically.

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

@ Newshounds News™ Exclusive

Sources: 
• Watcher.Guru – South America Ready to Accept the BRICS Payment System
• TASS – Latin America Shows Rising Interest in BRICS
• Atlantic Council – Global South Payment Integration Strategies
• Reuters – BRICS Economic Partnership Through 2030
• IMF Data Portal – Currency Settlement Trends in Emerging Markets

~~~~~~~~~

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Thank you Dinar Recaps

“Tidbits From TNT” Monday 10-6-2025

TNT:

Tishwash:  Launch of the "World Investor Week" conference

Under the patronage of Prime Minister Mohammed Shia Al-Sudani, and in the presence of the Chairman of the Securities Commission, Faisal Al-Haimus, the activities of the "Global Investor Week" conference and the "21st Anniversary of the Establishment of the Securities Commission" were launched, under the slogan "Towards an Advanced Financial Market - Iraq's Economic Vision 2030".

The conference was attended by a number of advisors, advisors to the Prime Minister, undersecretaries of ministries, general managers, a number of heads of bodies and entities not affiliated with a ministry, as well as departments concerned with financial investment and an elite group of investors.

The conference aims to introduce the pioneering role of the Securities Commission in enhancing transparency and developing Iraqi financial markets, and to honor distinguished and creative employees in the Securities Commission.

The Chairman of the Securities Commission, Faisal Al-Haimus, reviewed the work of the Commission, its achievements and aspirations for a better investment future.

The guests praised the work of the Commission, its development and its great achievements that serve the interest of the Iraqi economy, drive the wheel of investment forward, attract investors and stimulate the participation of the private sector in the service of the public interest.

The conference included live dialogue sessions in which the participants discussed It contains various issues related to financial investment.  link

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

Tishwash: Iraqi parliament to continue work through election period: Lawmaker

 Iraq said on Saturday that dissolving the current parliament is not under consideration and that lawmakers will continue their duties until early January, as elections are due to be held in nearly a month.

"The House of Representatives will continue its work and full powers until January 8, 2026, in accordance with the law,” Rebwar Hadi, head of the parliamentary legal committee, told the state-run Iraqi News Agency (INA), noting that "the current parliamentary term began on January 8, 2022."

Campaigning for Iraq's November electoins commenced on Friday and will run until November 8.

Posters and banners have already dominated streets across the country as nearly 7,800 candidates compete for 329 seats. More than 21 million voters are eligible to cast their ballots.

A total of 31 alliances, 38 parties, 23 independent candidates, and 56 quota seat contenders are participating, according to data from Iraq’s Independent High Electoral Commission (IHEC). Of the 7,768 total candidates, 5,520 are men and 2,248 are women. The 329-member parliament includes 320 general seats and nine reserved for minority groups.

Hadi added that holding elections “does not mean the end of the work of the House of Representatives, except in one case according to Article 64 of the constitution (dissolution of the House of Representatives), and this is not currently on the table, and there is no time left to dissolve," the legislative body.

Article 64 of the Iraqi Constitution stipulates that parliament may be dissolved before the end of its term either by an absolute majority vote from its members or upon a joint request by the prime minister and president. The article also bars dissolution while the prime minister is under questioning.  link

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

Tishwash:  Iraqi Embassy in Amman Celebrates Iraq’s 93rd National Day

Amman, Oct. 5 (Petra) -- The Iraqi Embassy in Amman hosted a reception on Saturday evening to celebrate the 93rd National Day of the Republic of Iraq, drawing a distinguished crowd from across Jordan's political, diplomatic, and business circles.

The event was attended by Speaker of the Lower House of Representatives Ahmed Safadi, Minister of State for Foreign Affairs Nancy Namrouqa, numerous ambassadors and heads of diplomatic missions, business figures, and members of the Iraqi diaspora in Jordan.

The evening opened with the national anthems of Jordan and Iraq, followed by a short documentary recalling Iraq’s accession to the League of Nations in 1932, a historic milestone now commemorated as the country’s national day.

In his address, Iraqi Ambassador to Jordan Omar Al-Barzanji underscored the deep-rooted ties between Iraq and Jordan, reaffirming Baghdad’s commitment to strengthening bilateral cooperation across various sectors.

The ambassador also acknowledged the care and support extended to the Iraqi community in Jordan, expressing appreciation for the leadership of His Majesty King Abdullah II and Jordan’s role in promoting Arab solidarity.

The celebration featured traditional Iraqi music and patriotic songs, offering a cultural tribute to Iraq’s heritage and resilience.  link

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

Mot:  . Soooo Many -- Just Don't Get it!!!! ---

Mot: These Questions Siiggghhhh   

Seeds of Wisdom RV and Economics Updates Monday Morning 10-6-25

Good Morning Dinar Recaps,

Why Governments Are Falling in 2025: Alarm Bells for Global Order
As states unravel, the ripples are shaking the stability of the global system itself.

Recent Collapses & Political Crises

  ● France’s abrupt government collapse — Prime Minister Sébastien Lecornu resigned just hours after naming his cabinet, unable to form a coalition or instill confidence.
  ▪ Markets reacted sharply: the CAC 40 fell ~2%, French government bonds yields spiked, and investor confidence wavered. 
  ● Netherlands’ recent government fall — Earlier in 2025, the Dutch coalition collapsed when Geert Wilders pulled support over immigration disagreements. 
  ▪ The Dutch government became caretaker, delaying reforms and weakening institutional capacity. 

These are not isolated incidents — they signify growing fragility in established democracies under pressure.

Underlying Fault Lines

  ● Fiscal strain & debt overload — In France’s case, public debt exceeds 114% of GDP, magnifying backlash over austerity and structural reforms. 
  ● Political fragmentation — Weak majority coalitions, antagonistic parties, and ideological chasms prevent durable governance.
  ● Social backlash — Massive protests, strikes, and the "Bloquons Tout" movement in France reflect public rage over inequality and austerity.
  ● Loss of trust in central authority — When people believe institutions no longer represent them or deliver, legitimacy erodes.

Countries at Risk & Systemic Pressure

It’s not just Europe. Across many regions:

• Fragile democracies, states with high debt burdens or external dependency are especially vulnerable.

• Countries with large social welfare systems (e.g. in Latin America, parts of Asia) might reach breaking points under recession, inflation, or fiscal tightening.

• Authoritarian states that appear stable may hide internal fault lines (economic inequality, legitimacy, local governance breakdowns) that could surface under stress.

The broader pressure is toward rethinking sovereignty, fiscal control, and regional alignment.

Global Consequences & Financial Restructuring

  ● Risk premium & capital flight — Governments in instability see borrowing costs soar, capital seek safer jurisdictions, and credit spreads widen.
  ● Fragmentation of financial zones — States losing faith in global institutions may migrate toward regional or bloc-based systems (BRICS, ASEAN, etc.).
  ● Shifting reserve strategies — Countries might hedge by reducing exposure to foreign-denominated debt or assets, increasing gold or alternative reserve holdings.
  ● Erosion of dollar hegemony — Weakness in key Western states may accelerate de-dollarization: new payment rails, reserve currencies, and credit systems.

Why This Matters / Key Takeaway

Governments are buckling not merely because of policy mistakes — they're being strained by structural contradictions of the old world order.
As traditional powers falter, the spaces open for new financial architectures and regional blocs that bypass legacy systems.

When governments fall, it's not chaos — it's the unraveling of an order being replaced.

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

@ Newshounds News™ Exclusive

Sources & Further Reading
• Reuters 
• The Guardian 
• Reuters
• Al Jazeera
• Le Monde.fr
• Wikipedia

~~~~~~~~~

Elon Musk Warns of “Judicial Tyranny”: A Crisis of Democracy and Global Governance

When unelected judges can block elected leaders, the balance of power—and public trust—begins to fracture.

Judicial Power and Executive Paralysis in the U.S.

Elon Musk has ignited fierce debate after warning that America may be facing a “tyranny of the judiciary.”

“If ANY judge ANYWHERE can block EVERY Presidential order EVERYWHERE, we do NOT have democracy — we have TYRANNY of the JUDICIARY,” Musk posted.

The comment followed a wave of legal challenges to President Trump’s executive orders, with multiple federal judges issuing nationwide injunctions. Musk’s point: when a single unelected judge can halt an elected leader’s policy across all fifty states, the balance of power collapses.

Supporters of Musk’s view argue that judicial overreach undermines the will of the voters and stalls government function. Critics counter that these injunctions are a vital safeguard—especially when executive orders risk overstepping constitutional bounds.

Yet the deeper issue Musk highlights goes beyond politics. It speaks to the erosion of executive authority and the increasing rule of unelected arbiters in systems meant to be democratic. 

Global Echoes: Courts Challenging Leaders Abroad

This judicial tension is not uniquely American. Across the world, similar clashes are emerging:

• Europe: National governments from France to Italy have seen immigration, climate, and trade policies blocked or rewritten by EU courts and domestic tribunals.

• Israel: Massive protests erupted in 2024 over proposed judicial reforms, as citizens and leaders fought over whether courts should have power to strike down laws passed by elected officials.

• Asia and Latin America: In nations like Pakistan and Brazil, courts have intervened to freeze reforms, budgets, or even electoral outcomes—raising questions about democratic legitimacy and elite control.

In every case, unelected institutions are increasingly steering national destiny, often overriding voter mandates. What Musk calls “judicial tyranny” reflects a broader global trend—the weakening of executive governance in favor of institutional gatekeepers.

The Deeper Shift: Institutional Fragmentation and Distrust

The struggle between judiciary and executive branches signals a deeper fracture—the loss of public confidence in the very systems meant to protect democracy.

• Citizens feel disempowered when court rulings override their votes.

• Leaders feel paralyzed by legal walls built to prevent decisive governance.

• Economies and foreign policy stall as institutional conflicts multiply.

This isn’t merely about courtrooms and constitutions. It’s about the architecture of power shifting in real time—from elected bodies toward bureaucratic, legal, and financial arbiters who answer to few.

As trust collapses, nations turn inward or toward parallel systems—digital, financial, or geopolitical—to regain control. That shift is now evident across Western democracies, BRICS nations, and global markets.

Why This Matters

Elon Musk’s warning lands at a pivotal moment. Whether one agrees with his phrasing or not, his core message resonates worldwide: when authority becomes fragmented and unelected institutions dictate outcomes, democracy itself becomes performative.

These growing fractures don’t just shape politics—they reshape economies, currency systems, and global alignments.

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

@ Newshounds News™ Exclusive

Sources:
• Fox News: Musk blasts judges for blocking Trump’s executive orders
• Pacific Legal Foundation: Trump and Musk wrong to threaten judges with impeachment
• Reuters: Musk, Trump allies ratchet up rhetoric against judiciary

~~~~~~~~~

Iran Approves Currency Redenomination: Removing Zeros as a Signal of Reset

In the midst of sanctions and economic collapse, Iran is cutting four zeros from the rial — a calculated step toward restoring confidence amid deep structural stress.

What the Reform Entails

  ● Parliament greenlighted removing four zeros, converting 10,000 old rials into 1 new unit (toman or renamed rial) over a multi-year transition. 
  ● The central bank has up to two years to prepare, followed by a three-year dual-currency period where old and new notes coexist. 
  ● Inflation has chipped away at the rial’s utility — it traded at roughly 1,150,000 rials per U.S. dollar, making ordinary transactions cumbersome. 

While the move simplifies accounting and daily commerce, critics warn it is superficial unless anchored in real macroeconomic change. 

Why Iran Is Pushing This Now

• Sanctions and economic isolation have pushed the rial into collapse; redenomination is partly an attempt at a psychological reset.

• The reform comes as Tehran seeks to reenter global finance and present a cleaner monetary posture ahead of potential diplomatic openings.

• In 2025, Iran also took steps toward joining global financial crime conventions to exit blacklist status. 

Yet the central tension remains: relabeling numbers won’t stop inflation nor repair structural deficits.

Are Others Following Suit? Iraq & Beyond

• Iraq has floated the idea of removing zeros in the past to simplify transactions, though no official plan has advanced recently. 

• The Iraqi Central Bank has also reduced the supply of dinars recently, a smaller action hinting at internal monetary prudence. 

• Nigeria redesigned its naira in 2022 to curb counterfeit usage, though not a zero-cut.

• In Syria, reports suggest considerations to drop zeros from the pound, though nothing official has been confirmed. 

None of these cases, however, are as drastic as Iran’s plan — and none (yet) carry the same geopolitical weight.

How This Fits Into the Global Restructuring

• Redenomination is a powerful signal in a world where monetary legitimacy is fracturing — as governments seek to reclaim sovereignty over broken currencies.

• In China, India, and BRICS states, alternative reserve strategies (gold, digital currencies) are being built. Iran’s move fits into the broader vision of decentralizing fiat dominance.

• If the U.S. dollar’s dominance weakens, more states may see redenomination as a reset tool — but only if they control the underlying fiscal and monetary levers.

When a country changes its currency’s expression, it’s not just form over function — it’s a push against inherited systems.

Why This Matters / Key Takeaway

Iran’s approved zero-cut is more than cosmetic. It’s a bold statement of intent — that the old arithmetic, the old system, is no longer viable.

For the change to stick, Iran must tackle inflation, liquidity, sanctions, and structural reforms. Without that, the new currency may be just a veneer.

As Iran steps toward this reset, the ripple effect could reach nations struggling under heavy debt, weak fiat, or external pressure — giving them a playbook for monetary autonomy.

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

@ Newshounds News™ Exclusive

Sources:
• Reuters – Iranian parliament approves currency redenomination 
• AlEstiklal – Removing Four Zeros: What It Means 
• Reuters – Iran takes step toward financial watchdog compliance 
• Iraq Business News – Iraq revaluation talks and surveys 
• Iraq Business News – Reduced issuance of Iraqi dinars 
• Wikipedia – Iranian rial history & redenomination proposals 

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MilitiaMan and Crew: IQD News Update-Iran-Borders-Deletion Zeros-Global Timing

MilitiaMan and Crew: IQD News Update-Iran-Borders-Deletion Zeros-Global Timing

10-5-2025

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

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

https://www.youtube.com/watch?v=XM9dVmekL_k