“Tidbits From TNT” Wednesday Morning 10-15-2025

TNT:

Tishwash:  Central Bank: Gold reserves reach 170 tons, with intention to remove zeros from dinar

 The Central Bank of Iraq announced, on Tuesday, October 14, 2025, its gold reserves and its intention to remove zeros from the Iraqi currency.

Deputy Governor of the Central Bank, Ammar Khalaf, said in a press statement, followed by Baghdad Today, that: "The Central Bank of Iraq has increased its gold holdings from 90 tons to 170 tons at the present time."

Khalaf added, "This amount of gold now constitutes 20% of the Central Bank's total assets, and Iraq currently ranks fourth in the Arab world in gold holdings and 29th globally."

The Deputy Governor of the Central Bank confirmed that "there is no intention to float the Iraqi dinar exchange rate, so as not to affect the stability of the economy at the present time."

Khalaf revealed that "there is an intention to remove zeros from the Iraqi dinar to ease the burden of banknote hoarding on the financial sector."  link

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Tishwash:  Al-Sudani's advisor identifies the reasons for the global rise in gold and reveals the value of Iraq's reserves. 

On Tuesday, advisor to the Iraqi Prime Minister, Mazhar Mohammed Salih, revealed the reasons for the rise in global gold prices, noting that Iraq diversifies approximately 15% of its foreign currency reserves into gold.  

Saleh told Shafaq News Agency, "There is a violent cycle of strategic asset cycles in the world, led by gold, which has broken the $4,000 barrier per ounce." He indicated that "the dollar has remained the dominant currency in dollar trade settlements since 1971 until today, dominating nearly 83% of the international payments system and about 50% or more of countries' official reserves."

He added, "Despite this, gold remains a standard component of diversifying the investment portfolios of central banks, including Iraq, which diversifies approximately 15% of the value of its foreign exchange reserves into gold. This conservative diversification is considered good in light of the fluctuations in foreign exchange value risks."

According to Saleh, "The reasons for the rise in gold prices, which has led to increased demand, are due to the fact that gold is considered a safe haven in a turbulent global system," noting that "geopolitical tensions (Ukraine, the Middle East, Taiwan, etc.) have increased market risks, prompting central banks and investors to turn to gold as an asset that is not dependent on political confidence."

He emphasized that "the erosion of confidence in the US dollar due to the rise in the US federal debt and the politicization of the use of the dollar in international sanctions has prompted many countries (especially China, Russia, India, Turkey, and a number of others) to diversify their reserves away from the US currency."

Saleh continued, "Gold has emerged as a monetary alternative in the post-dollar system. Since 2022, BRICS countries and countries of the Global South have been moving towards rebuilding their gold reserves as part of their strategy to reduce reliance on the dollar in inter-trade. China, in particular, purchased more than 300 tons of gold through the Shanghai Stock Exchange in 2024 to bolster the gold yuan and cover part of its non-dollar reserves, and it continues to do so to a large extent."

Al-Sudani's advisor continued, "Gold is not treated as an ordinary commodity, but rather as a parallel reserve currency in the making, as it is considered relevant to global monetary policies. Declining expectations of a US interest rate cut have prompted investors to turn to gold, which undoubtedly retains its value as a safe haven."

Saleh concluded by saying, "The main reason behind the rise is China's recent rush to buy gold to propel its currency into the global currency club at the required speed, reinforced by the strategic asset of gold. This is the reason behind the rise in global gold prices, as it is the beginning of a currency war between China and the United States, and China versus the trade war between them, and the United States' threat to raise tariffs to 100% with China."

Gold prices have skyrocketed in Iraq over the past period, with the selling price of a 21-karat mithqal of gold in Baghdad's goldsmith shops reaching 820,000 dinars, while the selling price of a mithqal of Iraqi gold ranged between 780,000 and 790,000 dinars. In Erbil, the capital of the Kurdistan Region, 21-karat gold sold for 833,000 dinars, and 18-karat gold sold for 715,000 dinars.  link

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Tishwash: The Article 140 Implementation Committee informs the citizens

The committee to the citizens: Complete the deficiencies of your transactions in a week

The Article 140 Implementation Committee has issued a notice calling on all citizens whose transactions remain incomplete to visit the centers where they have previously completed their transactions within a week, in order to complete their work as soon as possible; The notice also applies to citizens whose transactions are incorrect. 

The Article 140 Implementation Committee issued a notice on its social networking site on Monday, October 13, 2025, saying that after the completion of all transactions will be sent to the accounting department for the purpose of issuing compensation cheques.

Regarding the working hours of the committee stations, he explained that citizens can visit the stations on Saturdays from 8 am to 2 pm, but from Sunday to Thursday, from 8 am to 4 pm in all provinces and cities and towns will welcome citizens. 

In this regard, Kakarash Sadiq, head of the Kirkuk office of Article 140 told Kurdistan 24, this is an administrative measure, the purpose is to complete the transactions of citizens who have problems in their transactions, preparations for the payment of compensation. 

He added that more than 5,000 transactions of citizens remain, there are shortcomings and citizens should visit the centers of the Article 140 committee and complete their transactions within the period specified by the committee. 

He said there are about 60,000 single-form transactions, which were displaced from the villages to the cities, this decision applies to them, who must visit the committee's bases to carry out their work. 

Regarding the citizens who have received compensation cheques, Kakarash Sadiq said that 42,000 Kurdish citizens and 18,000 imported Arabs have been compensated, and those who remain are expected to be given compensation checks after the parliamentary elections and the approval of the annual budget.   link

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Mot: UH OH!!! -- Here We Go Again!!!! 

Mot: Yippie Kai Yaaaaa !!!!!  

Iraq Economic News And Points To Ponder Tuesday Afternoon 10-14-25

Internal Audit Directorate Tasks
 
October 13, 2025    The Internal Audit Directorate is one of the main pillars in   promoting good governance and   corporate oversight      at the Central Bank of Iraq.
 
Through its independent and objective assurance and advisory activities,   it assists management in      improving its operations and   fulfilling its responsibilities efficiently and effectively.

 
This is achieved by verifying the   soundness and integrity of the Bank’s various activities and the   extent of their compliance with and adherence to   established laws,   regulations,   instructions,   policies and      plans.
 
It also assists the Bank in achieving its objectives by   evaluating and   improving the   effectiveness of   risk management,  internal control and   governance.
 
The Directorate's work is based on the   Internal Audit Charter and the   Central Bank's strategy.
 
It is administratively linked to the Governor   and technically to the Audit Committee      emanating from the Bank's Board of Directors.
    
The approach taken
 
The Internal Audit Directorate of the Central Bank of Iraq is committed   to implementing the international standards     issued by the Institute of Internal Auditors (IIA).
 
It operates with complete independence to ensure the   objectivity of results and the   quality of reports,      contributing to achieving the highest levels of efficiency and transparency.
 
This is achieved through an annual audit plan   prepared in accordance with the core internal audit services of confirmatory tasks and   providing advice and consultations with the aim of      adding value to the bank's business.
    
First: Confirmatory tasks
 
Ensure that all Central Bank departments comply with approved   laws,   instructions,   policies and   procedures.
 
Evaluating and improving the   efficiency and   effectiveness  of    regulatory controls and   risk management, and   ensuring the integration of operations with the bank’s strategic objectives.
 
Evaluating the efficiency and suitability of resources,   and the extent to which they are optimally utilized.
 
Evaluating the reliability and validity of financial and accounting information.
 
Verify the existence of assets and the integrity of the means used to protect them.
 
Evaluating the efficiency, adequacy and suitability of electronic systems and technologies
   in accordance with accepted standards and practices.
 
Evaluating the efficiency and effectiveness of the bank's cybersecurity procedures.
 
Evaluating the   efficiency and   effectiveness   of operations performed by the bank's departments
 
Contribute to achieving the bank’s objectives   through continuous evaluation   of the   efficiency and   effectiveness of approved procedures and systems.
    
Second: Planning and consulting tasks
 
Preparing the annual risk-based internal audit plan and    presenting it to the Audit Committee for approval.
 
Preparing and reviewing the internal audit charter.
 
Preparing reports on audit and evaluation results,   submitting appropriate recommendations, and      following up on their implementation.
 
Cooperating with external regulatory bodies,   studying their comments, and   providing appropriate responses.
 
Providing opinion and advice to management and organizational units   on non-routine matters upon their request.
 
Contribute to internal investigations in accordance with approved methodologies and
   as requested by senior management.
 
Participation in permanent and temporary committees and working groups   in accordance with approved methodologies and   in a manner that does not conflict with international standards for internal auditing. Study and develop approved procedures in accordance with   international standards for internal auditing.   https://cbi.iq/news/view/3010 

The Central Bank Begins The Actual Implementation Of The Comprehensive Banking Reform Project.
 
Samir Al-Nusairi   The Central Bank's efforts and actions,   in partnership and consultation with private banks,  have been fruitful in facilitating the implementation of the  objectives,  programs,  mechanisms, and  standards of the comprehensive banking reform project,  in cooperation with the  government and the  global consulting firm Oliver Wyman.
 
The primary objective is to build a   sound,   modern,   comprehensive and   flexible banking sector      that will         drive rapid growth in the national economy and contribute to  achieving a cumulative increase in the gross domestic product and    growth in the market value of the banking sector.
 
Given that economic reform begins with banking reform, the challenges facing the Iraqi economy and the opportunities for reform in the banking and financial sector    are highlighted in the    government's program, as are the  prospects of the Central Bank's future vision for the  role of the banking sector in achieving sustainable development and investment,   and the  efforts currently being made to   activate and   revolutionize productive economic sectors other than oil, to  diversify sources of national income and  achieve financial sustainability and   rapid growth for the national economy.

The Central Bank's role in   regulating foreign trade financing and   completing infrastructure projects to    achieve comprehensive digital transformation and      expand the use of electronic payment tools to      achieve financial inclusion  will contribute to providing opportunities for  reform,   development,    empowerment,   growth    of the private banking sector during 2025-2028, as follows:
 
First: Developing the Iraqi banking system and its  compliance with international banking and accounting standards.
 
Second: Building a solid, modern, comprehensive and flexible banking sector.
 
Third: Enhancing citizens’ confidence in the banking sector locally and internationally, and  acknowledging its   transparency,   progress, and   strict commitment to international standards, and   gaining the trust of reputable correspondent banks to deal with it.
 
Fourth: Rehabilitating restricted and weak banks to return to activity in the banking market   with full internal and external activities.
 
Fifth: Converting banks to their primary function,  which is financing and bank lending  development.   Enhancing      financial inclusion and    ncreasing its current rate as planned.
 
Sixth: Strengthening the   procedures and   decisions for the  transition    from a cash economy    to a digital economy,    withdrawing funds outside the banking cycle, which constitute   approximately 80%, and    introducing them into the banking system.
 
Although all the above objectives have a three-year implementation period   according to the banking reform project and the Central Bank strategy, what has been achieved in 2023 and 2024 and up to 6/30/2025 in terms of  building foundations,  rules and pillars   that have formed a supporting pillar in building the   mechanisms and   paths of the desired reforms, and they   constitute ambitious percentages as announced,  which will lead to the evaluation and classification of banks  based on their achievement of the planned objectives  in the reform Project     according to the internationally approved standards and criteria.    https://economy-news.net/content.php?id=61086  

Iraq’s Central Bank Boosts Financial Transformation Through Strategic Programs
 
    Iraq    Amr Salem   October 13, 2025  944    The new headquarters of the Central bank of Iraq (CBI). Baghdad (IraqiNews.com) – The Prime Minister’s Advisor for Banking Affairs, Saleh Mahoud, confirmed on Saturday that the   Central Bank of Iraq (CBI) is moving forward      with three strategic programs to advance financial transformation.
 
Mahoud told the state-run news agency (INA) that the CBI is currently working on three important initiatives, which are the   local electronic card,   express payment, and the   billing system.
 
The CBI currently has timetables for completing these three initiatives to ensure    a progressive increase in financial inclusion levels, according to Mahoud.
 
The Iraqi official added that   Iraq frequently benefits from international expertise, particularly in the      banking sector and      digital transformation.
 
CBI Governor Ali al-Alaq revealed on Thursday that the   bank has received approximately 80 applications to create digital banks       in the country.
 
Oliver Wyman, a leading international management consulting firm, is reviewing the   criteria set by the CBI to issue licenses for digital banks in the country, according to al-Alaq.
 
Al-Alaq said earlier that   digital banks signify a change in orientation   toward an approach that is entirely consistent with      technological advancements and         their application to a range of operations.
 
The Iraqi official indicated that digital banks’ annual financial transaction volume   has reached around $5 trillion and      is expected to reach roughly $7 trillion by 2027.
 
Artificial intelligence,encryption, andbig data analytics   are examples of cutting-edge technology       that have fueled the rise of digital banks.
 
The licensing of digital banks is a critical first step   in incorporating these cutting-edge technologies into Iraq’s banking system,  with the goal of  improving client financial services and  promoting innovation and industry competitiveness.    
  
https://www.iraqinews.com/iraq/iraqs-central-bank-boosts-financial-transformation-through-strategic-programs/ 

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

Seeds of Wisdom RV and Economics Updates Tuesday Evening 10-14-25

Good Evening Dinar Recaps,

Powell Hints at a Turning Point: Are the Days of High Rates Numbered?  Today

In his NABE speech, Powell struck a more explicit tone than in recent speeches, tentatively flagging balance sheet limits, labor risks, and a path toward easing, without breaking precedent.

A More Direct Tone Than Before

On October 14 at the National Association for Business Economics conference in Philadelphia, Fed Chair Jerome Powell delivered remarks that went beyond what he said on October 9. He acknowledged that the U.S. economy “may be on a firmer trajectory than expected” while warning that the labor market remains weak. 

Key elements from his speech:

• He emphasized the tension between inflation pressures and employment weakness. 

• He signaled that the Fed may be getting close to pausing the shrinkage of its balance sheet (QT), citing signs of tightening liquidity such as firming repo rates. 

• He reinforced that future decisions will be meeting by meeting, relying on evolving data rather than committing to a pre-set path. 

While his statements were more explicit than in his earlier community banking remarks, he avoided making any firm promises: no guaranteed rate cuts, no specific timeline, just cautious openness.

Was It More Encouraging for Americans?

Yes — but with important caveats.

What makes it more encouraging:

• Clarity on balance sheet limits: The notion that quantitative tightening may be nearing its end suggests the Fed is preparing to transition from contraction to neutrality or gentle accommodation. 

• Recognition of labor fragility: By highlighting weak hiring, Powell shows awareness that policy must consider real economic stress, not just inflation metrics. 

• No rush but openness: The meeting-by-meeting approach suggests flexibility, leaving the door open for rate cuts if conditions warrant. 

What limits the encouragement:

• Delayed economic data: Because of the government shutdown, many key reports (jobs, CPI) are delayed. This “data blackout” makes it harder for any Fed signal to be decisive. 

• Inflation remains a threat: Powell continues to balance the risks of inflation getting out of control against supporting growth — the trade-off remains delicate. 

• No commitment to cuts: He didn’t promise rate cuts or quantify how close the Fed is to easing. The language remains conditional.

This speech is more overt than in recent days in signaling potential easing, more grounded in macro realities, and thus relatively more reassuring for Americans — but still cautious and noncommittal.

How It Aligns with our Changing Financial System

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

• Monetary policy as geopolitical instrument: Powell’s handling of balance sheet, interest rates, and liquidity is not just economic — it’s a component of U.S. financial power in a global system under stress.

• Subtle shifts matter: The move from tightening to signaling the end of QT is a behind-the-scenes recalibration of how money is deployed in markets — structural change in motion, not in obvious stunts.

• Capital flows & dollar posture: As the U.S. adjusts, global investors and rival blocs (e.g. BRICS) can respond. Rate cuts or easier liquidity could weaken the dollar, shift yield arbitrage, and accelerate global rebalancing.

• Policy legitimacy under pressure: Powell defended past bond purchases and institutional tools amid political criticism. That interplay underscores how even technical policy is a battleground in global finance. 

In sum: the speech is a clearer signal of internal recalibration in U.S. monetary machinery — one small pivot in a larger transformation of global financial order.

What to Watch Next

• Upcoming jobs & inflation reports (once the shutdown ends) — they’ll test whether Powell can follow through.

• The Fed’s October meeting (Oct 28–29) — markets will see whether the subtle signals turn into action.

• Reactions from regional Fed presidents and governors — to see where internal alignment is heading.

• Global market flows and yield curves — how U.S. policy tilts might shift capital across borders.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:
• Reuters — Fed’s Powell says economy may be on firmer footing, but job market weak Reuters
• Reuters — Fed’s Powell says end of balance sheet drawdown may be nearing Reuters
• Reuters — Fed addresses economy pulled between growth, jobs, prices Reuters
• Investing.com — Powell signals QT may end soon Investing.com
• AP News — Slowdown in U.S. hiring suggests the economy still needs rate cuts, Powell says AP News
• Axios — Powell defends bond purchases amid criticism Axios
• Investopedia — Powell Keeps Door Open for Rate Cuts Investopedia
• Reuters — Economists see stronger U.S. growth, weak job gains, stickier inflation Reuters

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BRICS Currency Backed by Gold and XRP Shows Impressive Progress

BRICS nations are advancing toward a gold-backed currency system utilizing XRP, signaling a significant shift in global financial dynamics.

Key Developments in BRICS Currency Initiative

• Central Bank Engagement: BRICS central banks, alongside the New Development Bank, have been actively developing the XRP Ledger for years, focusing on features like escrow and automation to facilitate cross-border payments. 

• Brazil's Involvement: Brazil's central bank has published papers specifically naming Ripple in its tests of distributed ledger systems, and private sector projects in Brazil are already utilizing XRPL for tokenization and financing. 

• Russia and China's Strategy: Russia is working on tokenizing its gold reserves, while China is expanding its gold holdings to support a future financial system.

 Global Implications

• De-Dollarization Efforts: The BRICS initiative aims to reduce reliance on the U.S. dollar by creating an alternative financial system that leverages gold and XRP. 

• Enhanced Trade Efficiency: Utilizing XRP's fast and cost-effective transaction capabilities, BRICS nations seek to streamline trade settlements across multiple payment corridors. 

• Geopolitical Shifts: This move represents a strategic alignment among BRICS countries to assert greater control over their financial systems and reduce vulnerability to external economic pressures. 

Interpretation: A Quiet Revolution in Global Finance

The BRICS nations' shift towards a gold-backed currency system utilizing XRP signifies a deliberate and coordinated effort to establish a financial framework independent of traditional Western-dominated systems. This development underscores a broader trend of de-dollarization and the pursuit of financial sovereignty among emerging economies.

Why This Matters

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

The integration of XRP into a gold-backed BRICS currency system represents a significant departure from conventional financial structures. By leveraging blockchain technology and precious metals, BRICS nations are crafting a resilient and efficient alternative to existing systems, potentially reshaping global trade and economic alliances.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Watcher Guru

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The Next Economic Crisis is Not What you Think

The Next Economic Crisis is Not What you Think

Heresy Financial:  10-13-2025

Over the last three decades, financial crises have frequently blindsided the public. But what if these events weren’t random? What if they followed a predictable, escalating pattern—a deadly game of hot potato where the entity that absorbs the previous crisis inevitably becomes the epicenter of the next one?

A recent detailed analysis suggests that this cycle is real, and it points to a startling conclusion: after years of absorbing private and corporate failures, the government itself is now positioned as the next major economic domino.

Here is a breakdown of this repeating cycle and the critical steps you must take to protect your financial future in an era of manipulated money.

The pattern identified in the analysis is simple yet terrifying: the crisis is never truly solved; it is merely transferred, growing larger and moving closer to the core of the financial system with each iteration.

The cycle began with the collapse of Long-Term Capital Management (LTCM). This highly leveraged hedge fund, relying on complex arbitrage strategies, imploded, threatening to drag down the global financial system.

For a decade, the risk resided primarily on the balance sheets of the largest global banks.

By 2008, the burden of transferred risk, combined with massive new risks generated by subprime mortgages, became too great. The epicenter shifted to the banks themselves.

The cost of saving the financial system was transferred directly to the public ledger.

When the pandemic hit in 2020, the economy faced an unprecedented shutdown. The epicenter shifted again, this time centered on the entity that had absorbed the previous crisis: the taxpayers (and by extension, the entire private economy).

This massive intervention was highly inflationary and successful at preventing an immediate depression, but it set the stage for the next and most severe crisis yet.

Following the pattern, the entity that absorbed the 2020 crisis—the government, via the national balance sheet—now holds the greatest risk.

The crisis we are facing now is a Sovereign Debt Crisis.

For years, governments have borrowed and spent far beyond their means, assuming that economic growth would outpace debt accumulation. Today, the reality is that the level of national debt has reached a point where the government’s ability to service or repay it through conventional means (like taxation) is questionable.

The inevitable risk is a sovereign default—a political and economic catastrophe that would shake the foundations of the global financial system.

When faced with the political impossibility of default, the Federal Reserve is expected to step in yet again. They will utilize monetary tools to prevent the government from collapsing under its debt load.

The government avoids default, but the individual pays the price: Inflation.

By injecting massive amounts of liquidity and artificially depressing the value of government debt, the value of every dollar you hold—and the value of those “safe” government bonds—is dramatically reduced. This is a deliberate, subtle devaluation of wealth.

In this environment of crisis transference and monetary manipulation, financial education is no longer optional—it is essential for survival. Protecting your wealth requires actively positioning yourself outside the traditional financial safety nets.

To shield yourself from the coming sovereign crisis and the resulting inflationary pressures, the expert analysis suggests a critical shift in portfolio construction:

The assets that have traditionally been considered the safest—cash and government debt—are now the most vulnerable to monetary policy manipulation.

The crisis cycle has finally reached the top of the chain. This is not a moment for passive investment; it is a moment for active defense. Understanding how risk is transferred and how central banks will react is the only way to safeguard your financial future against the cost of a debt-riddled government.

https://youtu.be/mnRzrau7gpE

Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 10-14-25

Good Afternoon Dinar Recaps,

BRICS Rising: From Summits to Soft Power – Media & Expansion Take Center Stage

BRICS is moving beyond finance: its outreach in media, governance, and expansion is shaping an architecture of influence aligned with global financial change.

Media Diplomacy Surges

• Reuters maintains a dedicated BRICS section covering diplomatic, financial, and media moves, giving real-time insight into the bloc’s narrative-shaping. 

• At their 2025 summit in Rio, BRICS leaders agreed on statements to strengthen cooperation in AI, media governance, and global representation. 

• Russia has also floated a precious metals exchange concept within BRICS to counter Western-dominated trading platforms — a move that overlaps economic policy with messaging and structural autonomy. 

Expansion, Mixed Messaging & Tariff Tensions

• In June 2025, Vietnam was formally admitted as a partner country of BRICS, expanding the bloc’s footprint in Asia. 

• Brazilian President Lula has pushed for tighter trade and financial integration, citing tariffs as a tool of coercion — implicitly referencing U.S. protectionism. 

• Ahead of the summit, President Trump threatened a 10% tariff on countries aligning with “BRICS anti-American policies.” BRICS members pushed back, asserting they remain open to engagement with the West. 

Structural Depth: Finance, Trade & Symbolism

• Even Brazil cautions: it doesn’t believe BRICS has assets large enough to displace the dollar in the near term. 

• But at the same time, BRICS finance ministers issued a joint IMF reform proposal,

• The Russian-led proposal for a BRICS Grain Exchange remains active in communiques — a strategic push to internalize trade in agricultural commodities. 

Why This Matters

BRICS is evolving: not just as an anti-dollar coalition, but as a parallel ecosystem of trade, media, and governance influence.
By extending into narrative control, local institution-building, and soft-power alignment, the bloc is rewriting the rules of financial cooperation — and laying the groundwork for alternatives to Western dominance.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• “BRICS News | Today’s Latest Stories” — Reuters

• “BRICS agree to joint statement ahead of Rio leaders summit” — Reuters

• “Russia in talks with BRICS over precious metals exchange” — Reuters

• “Vietnam admitted as BRICS ‘partner country’” — Reuters

• “Brazil’s Lula calls for tighter trade ties for BRICS as tariffs bite” — Reuters

• “Trump threatens extra 10% tariffs on BRICS as leaders meet in Brazil” — Reuters Reuters

• “BRICS tariff to be applied only if they adopt policies deemed anti-American” — Reuters

• “No BRICS asset pile big enough to rival dollar, Brazil central bank director says” — Reuters

• “BRICS finance ministers make unified proposal for IMF reforms” — Reuters

• “BRICS leaders tout joint finance, trade projects at Russian …” — Reuters

• “Russia’s proposed grain exchange for BRICS countries may take years to launch” — Reuters

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

“Tidbits From TNT” Tuesday 10-14-2025

TNT:

Tishwash: Al-Sudani meets Trump at the Sharm el-Sheikh summit.

 Iraqi Prime Minister Mohammed Shia al-Sudani met with US President Donald Trump on Monday on the sidelines of the Sharm el-Sheikh summit, which brings together a number of regional and international leaders.

The Prime Minister held a series of meetings on Monday with a number of kings, presidents, and heads of government, as well as the Secretary-Generals of the United Nations and the Arab League, and former British Prime Minister Tony Blair.

These meetings took place on the sidelines of Al-Sudani's participation in the Sharm El-Sheikh conference in the Arab Republic of Egypt, regarding the situation in Gaza.  link

Tishwash:  Al-Sudani meets a number of kings, presidents, and heads of government in Sharm El-Sheikh.

Prime Minister Mohammed Shia al-Sudani held a series of meetings on Monday with a number of kings, presidents, and heads of government. He also met with the Secretary-Generals of the United Nations and the Arab League, as well as former British Prime Minister Tony Blair.

The meetings were held on the sidelines of his participation in the Sharm el-Sheikh conference in the Arab Republic of Egypt on the situation in Gaza.

A statement from his office, a copy of which was received by {Euphrates News}, stated that: “Al-Sudani met with the kings of Jordan and Bahrain, the presidents of Palestine, Azerbaijan, and Cyprus, the German chancellor, and the heads of governments of Britain, Spain, Italy, Greece, and Armenia.”

He added, "During the meetings, Al-Sudani discussed joint relations, ways to develop them in various fields, and the importance of developing prospects for joint cooperation in a way that brings mutual benefit to brotherly and friendly peoples."

The statement continued, "The meetings also addressed the steps taken to end the suffering of Palestinians in Gaza, the need to work to maintain a ceasefire against civilians, and the need for major powers, Arab and international organizations and institutions to play their part in rebuilding Gaza and providing basic needs for Palestinian civilians." 

During the meetings, Al-Sudani emphasized "the need for international efforts to reduce tensions and escalation in the region and around the world," calling for "the importance of strengthening dialogue and finding solutions based on international law to address everyone's concerns, including the existing disputes between Iran and Western countries over the nuclear issue and other issues."  link

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Tishwash:  Al-Awadi: The Prime Minister's participation in the Sharm El-Sheikh Summit is a clear message about Iraq's regional role

 Government spokesman Bassem Al-Awadi confirmed today, Monday, that the participation of Prime Minister Mohammed Shia Al-Sudani in the Sharm El-Sheikh Peace Summit on Gaza comes within the framework of emphasizing the importance of Iraq's regional role and its firm position towards the Palestinian issue.

Al-Awadi said in a statement to Al-Iraqiya News, which was followed by the Iraqi News Agency (INA), that "the presence of a large number of heads of state at this summit would not have happened without the great importance of the Palestinian issue, as well as the international community's growing awareness of the importance of the Iraqi role in the region."

He added, "Iraq cannot be informed of the truth about the agreements and initiatives proposed regarding Gaza and the region, without the actual presence of the Prime Minister, which allows him to be directly informed and participate in formulating positions".

He added, "Iraq officially went to the Sharm El-Sheikh summit to confirm its clear position on the necessity of stopping the killing of civilians in Arab and Islamic countries, especially Palestine, lifting the siege on Gaza, stopping forced displacement, and starting reconstruction".

He explained that "the Prime Minister's participation in the summit is to confirm Iraq's firm and decisive position that the Palestinian people have the right to live on their land freely and with dignity," stressing that "this issue is not negotiable, and the Palestinian people must be granted the right to self-determination."

He also pointed out that "the Iraqi government believes in the importance of dialogue and understandings as a way to find a real balance in the region, and warns that failure to adhere to these paths will expose existing agreements to collapse".

Al-Awadi explained, "Through his participation, the Prime Minister seeks to meet with the largest possible number of leaders and officials to exchange views, explain Iraq's firm position, in addition to inviting leaders to visit Baghdad and enhance bilateral cooperation."

Al-Awadi said, "There is a clear international view of Iraq's return to its influential regional role and the balance of its presence on pivotal issues, which is confirmed even by the United States, which believes that Iraq is witnessing development and reconstruction and has become the focus of the region's attention, and its position on the Palestinian issue is clear and firm." link

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Mot: Not So Funny Now – HUH 

Mot: . Yeppers!!! -- Siigghhhhhh!!!    

Seeds of Wisdom RV and Economics Updates Tuesday Morning 10-14-25

Good Morning Dinar Recaps,

The Hidden Cost of a Shutdown: When Politics Freezes the U.S. Economy

As Washington’s government shutdown drags on, economic ripples are spreading—not just domestically, but across global markets and confidence in U.S. leadership.

Economic Data Goes Dark

• The U.S. government shutdown entered its 13th day, and Treasury Secretary Scott Bessent warned the closure is “beginning to harm the real economy.” 

• With the shutdown, key agencies like the Bureau of Labor Statistics, Commerce Department, and Census Bureau have suspended their operations, halting release of critical economic indicators. 

• A Reuters analysis also flagged that “a shutdown could affect financial markets by limiting regulator operations and delaying publication of key economic data,” thereby reducing visibility for investors and central banks. 

Ripples of Confidence & Credibility

• The IRS announced over 34,000 employees (≈46% of its workforce) would be furloughed during the shutdown, hampering tax operations and citizen services. 

• Markets reacted with nervousness: U.S. index futures slid amid concerns the U.S. shutdown would cloud the Fed’s next rate path by suppressing data flows.

• Fitch Ratings, however, maintained that in the near term, the shutdown is “unlikely to affect sovereign ratings,” while acknowledging uncertainty and institutional strain. 

Global Context: The Governance Gap

• As U.S. paralysis deepens, observers in emerging and developing economies see a reinforcement of arguments for diversified global governance—where dependence on Washington’s stability is too risky.

• Political dysfunction in the U.S. is being interpreted in some financial circles as evidence that the era of unquestioned fiscal leadership is waning.

Why This Matters

This isn’t merely a budget fight — it’s a test of U.S. institutional resilience. The longer critical functions remain offline, the louder the signal to the rest of the world: monetary and structural dependency on the U.S. is a strategic vulnerability.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• “US Treasury chief says government shutdown is hitting economy” — Reuters

• “How the US government shutdown affects key economic data publishing” —  Reuters

• “How a US government shutdown could affect financial markets” — Reuters

• “IRS to furlough nearly half of its workforce due to US government shutdown” —  Reuters

• “US stock futures fall as government shutdown clouds interest-rate view” —  Reuters

• “US government shutdown unlikely to affect sovereign ratings in near term, Fitch says” — Reuters

~~~~~~~~~

Gold’s Comeback: The Silent Vote Against Dollar Dominance

As BRICS nations push alternative financial paradigms, global players are rediscovering gold as a neutral anchor in turbulent times.

Gold’s Strategic Resurgence

• Central banks are on pace to buy 1,000+ metric tons of gold in 2025 — their fourth consecutive year of heavy accumulation. 

• Global gold demand rose 3% in Q2 2025 (to ~1,248.8 metric tons) driven by a 78% surge in investment demand, according to the World Gold Council. 

• In parallel, physical gold ETFs hit record inflows in the first half of 2025, reinforcing investor appetite for safe-haven exposure. 

De-Dollarization & Hedge Demand

• With the dollar’s global reserve share slipping, gold becomes a logical diversification asset — especially for nations and institutions seeking refuge from currency volatility or political interference.

• Reuters noted that gold hit a fresh record (over $4,000/oz) amid mounting U.S.–China trade tensions and expectations of Fed rate cuts. 

• Another Reuters piece emphasized that “anxieties over global geopolitical and economic risks are the biggest drivers pushing gold’s 54% surge this year.” 

Market Narrative & Forecasts

• Bank of America has raised its gold forecast to $5,000/oz by 2026, citing persistent demand as a hedge. 

• Reuters framed gold now as the “hedge-everything” trade: it thrives when investors fret over inflation, economic slowdowns, or geopolitical risk. 

Why This Matters

Gold’s ascent is more than a cyclic rebound — it’s a structural recalibration. Each tonne acquired, each ETF inflow, each central bank purchase is a tacit vote against overreliance on the dollar.
While the U.S. remains a central pillar, its dominance is being tested not just by alternatives — but by assets that transcend them.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• “Central banks on track for 4th year of massive gold purchases” — Reuters

• “Global gold demand up 3% in second quarter as investment jumps” — Reuters

• “Gold’s record-breaking rally: who’s keeping it going?” — Reuters

• “Gold rises to record as US-China trade woes escalate” — Reuters

• “Gold set to extend record-breaking run on global anxieties” — Reuters

• “BofA hikes gold price forecast to $5,000/oz for 2026” — Reuters

• “Gold’s rise in central bank reserves appears unstoppable” — Reuters
  
  ~~~~~~~~~

China’s Export Boom Defies Tariffs: Beijing Rewires Global Trade Beyond Washington’s Reach

September data shows China’s export machine remains strong despite 100% U.S. tariffs — signaling a rapid pivot toward new markets and the rise of a multipolar trade network.

Resilient Trade in a Fractured World

• China’s exports rose 8.3% year-on-year in September, beating forecasts and marking the fastest growth since March.

• Imports also jumped 7.4%, reflecting both restocking and improving demand from developing markets.

• Analysts note that Beijing’s export diversification is offsetting tariff pain as the U.S. share of China’s trade continues to decline.

“China is adapting faster than expected,” said Xu Tianchen of the Economist Intelligence Unit. “100% tariffs will bite, but the effect won’t mirror the shock of 2018.”

Tariffs as a Political Lever — and a Catalyst for Diversification

• President Donald Trump’s 100% tariffs on Chinese goods — announced last week — revived fears of another trade war.

• Beijing retaliated by tightening export controls on rare earth elements and enhancing oversight of semiconductor users.

• Exports to ASEAN, Africa, and Latin America rose sharply, while shipments to the U.S. fell to under 10% of total exports — a historic low.

This marks a decisive stage in Beijing’s de-dollarization and south-south trade realignment — the architecture of a new multipolar economy taking shape.

Markets Adjust to the Split Supply Chain

• Shipments to India and Southeast Asia hit record highs, showing that regional integration is accelerating even as global supply chains fragment.

• Meanwhile, South Korea’s export data reflected muted demand from China, underscoring Beijing’s continued domestic challenges.

• China’s trade surplus narrowed to $90.45 billion, down from $102.3 billion in August — a reflection of rising import appetite and global rebalancing.

The numbers show not isolation, but substitution — the creation of new trade corridors that weaken U.S. leverage and strengthen regional interdependence.

The Road Ahead: Tariff Truce and Global Realignment

• The 90-day tariff truce between Beijing and Washington expires November 9.

• Economists warn that without a new framework, both sides risk renewed uncertainty heading into 2025.

• Beijing’s policy push — including a 500 million yuan infrastructure credit program — aims to sustain export-led growth through the turbulence.

China’s ability to adapt under pressure shows that the global trade map is no longer dictated from Washington, but negotiated through multipolar alliances.

Why This Matters
China’s export resilience — despite aggressive tariffs — signals a deeper transformation in how global trade functions.
The U.S. can no longer rely on tariff leverage alone; the world is rebalancing supply chains and currencies at once.
In this multipolar era, trade resilience equals geopolitical power.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:
• Modern Diplomacy – China’s exports surge past forecasts despite fresh U.S. tariffs
• Reuters – China exports beat forecasts despite U.S. tariffs
• South China Morning Post – China’s exports surge as U.S. tariffs reignite trade tensions
• CNBC – China responds to U.S. tariffs with new export curbs on critical minerals
• Bloomberg – China finds new buyers for exports as U.S. tariffs bite

~~~~~~~~~

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MilitiaMan and Crew: IQD News Update-Iraq -USA Set the Stage Global Integration

MilitiaMan and Crew:  IQD News Update-Iraq -USA Set the Stage Global Integration

10-13-2025

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=l5rd1ebRlqM

Seeds of Wisdom RV and Economics Updates Monday Evening 10-13-25

Good Evening Dinar Recaps,

GAIN Act: Senate Pushes Trade Rule That Could Shake the AI Chip Industry

As Washington moves to prioritize domestic markets in AI chip exports, a critical battleground opens between sovereignty and globalization in tech.

What the GAIN Act Does — and What It Upends

• The U.S. Senate passed the GAIN Act (as part of the 2026 defense & tech bill), mandating that AI chip manufacturers must fulfill U.S. orders before any foreign exports. (CoinTribune)

• Export license bans may be imposed on “most advanced circuits,” giving the government discretionary power to block overseas shipments.

• The law mirrors the logic of the Patriot Act, treating advanced semiconductors as dual-use technologies essential to national security.

🌱 This is more than trade policy — it reframes chips as sovereignty assets. The state reclaims control over technology flow in defense of strategic dominance.

Winners, Losers & Strategic Fault Lines

• U.S. firms gain preferential access to domestic markets — especially leaders like NVIDIA, AMD, and AI hardware providers.

• Foreign partners and tech startups may suffer disruption or exclusion from global supply chains.

• Crypto miners and distributed computing users are affected: GPUs are essential components for many blockchain networks, and restrictions may raise costs or limit access.

🌱 This is technological containment as power play: one side builds walls, the other must adapt or reroute. The cycle of innovation is being gated by security.

How This Tattoo Matches the Global Reset

• The GAIN Act comes just as BRICS and other nations pursue monetary and digital sovereignty. The U.S. is now applying similar logic to tech: retaining control over advanced systems.

• This pivot echoes broader themes: the world is fragmenting into competing spheres of regulation, trust, and control, not just shared markets.

• Legislation like the GAIN Act complements your earlier themes — whether it’s finance or technology, authority is being restructured around strategic domains.

Risks, Pushback & Unintended Consequences

• Innovation chill: Overregulation may slow global AI progress, as talent moves to jurisdictions with freer regimes.

• Diplomatic blowback: Allies and trade partners might see this as techno-mercantilism, fueling pushback or retaliatory regulation.

• Supply chain strain: Many chip production components are multinational. Restricting trade flows could fracture the supply web and cause bottlenecks.

Why This Matters

The GAIN Act doesn’t just regulate chips — it signals how the U.S. intends to defend its technological hegemony in a fracturing world. As capital, currency, and data realign globally, tech becomes another axis in the reshaping of sovereignty.

• In tech as in finance, the question is not if structures will change — but who sets the architecture.
• As nations reassert control over money, data, and innovation, multi-domain sovereignty is quietly being redrawn.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Source:
• CoinTribune – GAIN Act: The US Senate Passes a Law That Could Disrupt the AI Chip Industry cointribune.com

~~~~~~~~

Dollar in Danger: BRICS Currency Launch Accelerates the Global Shift Away from the U.S. Dollar

The new BRICS financial architecture is accelerating rapid de-dollarization — and Washington’s response through domestic digital currency laws underscores how global power is shifting beneath the surface.

A Rapid, Measurable Decline in Dollar Dominance

The dollar’s share of global reserves has fallen steadily — from 73% in 2001 to around 54% in 2025, according to the IMF. The trend is no longer theoretical; it’s systemic.
Now, with BRICS nations — Brazil, Russia, India, China, South Africa, and new partners such as Indonesia — accounting for nearly 40% of global GDP (PPP), the dollar’s dominance is facing its most serious structural challenge in decades.

🌍 De-dollarization is no longer a warning — it’s an active transition, powered by new digital payment systems and the development of local-currency trade mechanisms across BRICS economies.

Three Systems Are Reshaping Global Trade

While BRICS leaders stopped short of announcing a single currency for 2025, their coordinated actions are clear:

• Bilateral trade in national currencies has accelerated since sanctions on Russia reshaped global settlement networks.

• The BRICS Cross-Border Payments Initiative is building a SWIFT alternative immune to Western sanctions.

• A new BRICS Grain Exchange aims to conduct commodity trading — especially in agriculture — using national currencies instead of the dollar.

“BRICS countries repeatedly emphasize they are firmly against using currencies — the U.S. dollar in particular — as a foreign policy weapon.”
(Kelly Bogdanova, RBC Wealth Management)

These mechanisms represent monetary sovereignty in motion — a foundational shift away from the U.S.-centric system that defined postwar finance.

Tariffs Accelerate the Breakaway

Washington’s recent tariff escalation has only hastened coordination within the BRICS bloc.

• U.S. tariffs on Brazil and India were interpreted as economic sanctions.

• China cut U.S. Treasury holdings by 27% since 2022.

• Central banks purchased over 1,000 tonnes of gold annually for reserve diversification.

“We are witnessing a simultaneous collapse in the price of all U.S. assets… The market is rapidly de-dollarising.”
(George Saravelos, Deutsche Bank)

The U.S. is now confronting the ripple effect of its own monetary weaponization.
Every tariff and sanction has become a catalyst for the creation of alternative systems — a global firewall against the dollar’s political use.

Digital Infrastructure Powers the Transition

Technology is doing what politics once resisted.
China’s digital yuan is operational.
BRICS Pay pilot programs and the Bridge settlement platform are expanding.
The New Development Bank recently launched a Multilateral Guarantee Mechanism — funding infrastructure and climate projects in local currencies, not dollars.

“India does not aim to undermine the dollar but seeks practical alternatives for trade settlements where necessary.”
(S. Jaishankar, India’s External Affairs Minister)

India’s position is pragmatic — not anti-dollar, but pro-autonomy.
It underscores how even U.S. partners are seeking monetary flexibility as the financial order transitions toward multipolarity.

BRICS Expansion and the New Balance of Power

The 17th BRICS Summit in Rio de Janeiro (July 2025) was historic:

• Indonesia joined as a full member.

• Eleven new partner nations — including Nigeria, Thailand, and Vietnam — entered cooperation agreements.

• The bloc now represents nearly half the global population (47.9%).

With India set to lead the 2026 presidency, priorities are shifting to financial reform, digital governance, and climate-linked finance — all structured to reduce dependency on the dollar-based system.

“The multipolar world is already here.”
(Gen. Mark Milley, former U.S. Joint Chiefs Chairman)

The balance of power is no longer anchored in Washington or Wall Street — it’s distributed across digital networks, trade corridors, and emerging alliances.

The Road Ahead

• Analysts forecast the dollar’s reserve share could decline to 40–45% by 2040 under a gradual shift — or below 30% by 2030 in the event of U.S. debt or political shocks.

• Foreign buying of Treasuries continues to fall, yields are climbing, and the dollar’s reputation as a safe haven is eroding.

The BRICS financial network — through digital platforms, gold accumulation, and local currency swaps — is now a functioning alternative ecosystem.
Whether the transition remains orderly depends on how quickly substitute systems scale and how Washington adapts through domestic innovation, including tokenized dollar initiatives.

Why This Matters

This story is not just about finance — it’s about power redistribution.
The BRICS currency evolution and rapid de-dollarization trend mark the beginning of a post-dollar era, one defined by parallel systems of settlement, trade, and governance.
If the U.S. cannot adapt its economic model and regulatory infrastructure, the Genius and Clarity Acts — which seek to digitize and protect the dollar’s role — may prove too slow to counter this transformation.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:
• Watcher.Guru – “Dollar in Danger as BRICS Currency Launch Fuels Rapid De-Dollarization”
• IMF Global Reserves Data (2025)
• RBC Wealth Management, BRICS Monetary Outlook (2025)

~~~~~~~~~

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Iraq Economic News and Points To Ponder Monday Afternoon 10-13-25

With Iraq's Participation, The Peace Agreement Was Signed In Gaza.

Time: 10/13/2025 19:18:35 Reading: 165 times  {International: Al Furat News} The United States, Egypt, Qatar, and Turkey signed the comprehensive document on the Gaza agreement on Monday evening.
The document was signed by US President Donald Trump, his Egyptian counterpart Abdel Fattah el-Sisi, Turkish President Recep Tayyip Erdogan, and Qatari Emir Tamim bin Hamad Al Thani.

The agreement was signed during the Sharm el-Sheikh summit, hosted by Egypt, in the presence of a number of Arab and foreign leaders, including Prime Minister Mohammed Shia al-Sudani.

Before signing, Trump said, "The Sharm el-Sheikh summit is a great day for the Middle East. The document is very comprehensive and will clarify the rules and regulations."

He added, "Ultimately, we reached a solution to this issue that had lasted for more than 3,000 years. This was perhaps one of the most difficult conflicts in the world."

The US President stressed that "the Gaza agreement is the largest and most important agreement in the Middle East."

He explained: "We chose Egypt for a reason, and that is your great assistance. You (Sisi) are a wonderful leader... and you are doing a wonderful job."  LINK

An Economic Expert Warns: The 2026 Budget Faces Major Challenges That Threaten Its Ability To Be Approved.

Time: 2025/10/13 18:39:37 Reading: 135 times  {Economic: Al Furat News} Economic expert Abdul Rahman Al Mashhadani warned that the 2026 budget faces significant challenges that could impact its ability to be approved. He attributed the primary reason to the Ministry of Finance's delay in submitting the budget to the government for discussion on time.

Al-Mashhadani told Furat News, "The fear of not passing the budget is more closely linked to the delay in forming the next government," noting that "the new parliament will not hold its first session until after January 6, which weakens the possibility of completing the budget on time."

Al-Mashhadani pointed out that "the struggle over sovereign positions and the premiership could prolong the period required to form a government, rendering the budget potentially useless if these obstacles are not addressed quickly."

The expert added, "The time required to form a government could range from five to six months or more, increasing the risk of delays and complicating efforts to ratify important financial laws."   LINK

The Dollar Stabilizes In Baghdad And Rises In Erbil.

Stock Exchange  The dollar exchange rate stabilized against the dinar on Monday afternoon in Baghdad markets, while it rose slightly in Erbil as the stock exchange closed.

Baghdad    Selling price: 142,750 dinars for $100   Purchase price: 140,750 dinars for $100.

Erbil   Selling price: 141,550 dinars per $100   Purchase price: 141,500 dinars for $100.

91 views  Added 10/13/2025 - 5:16 PM  https://economy-news.net/content.php?id=61102

Tax Reform: Tax Deposits Are Liquidated Periodically And Are Only Withdrawn By Government Decision.

Money and Business  Economy News – Baghdad  The Supreme Committee for Tax Reform confirmed on Monday that tax deposits are liquidated periodically and can only be withdrawn by Cabinet decision. It also indicated that there are no risks associated with tax deposits, thanks to taxpayers' awareness.

Committee member Khaled Al-Jabri said, "There are no longer any tax deposits withdrawn by employees except by a decision issued by the Council of Ministers."

Al-Jabri added, "All tax trusts are now liquidated periodically, due to taxpayers' increased understanding and awareness that these tax trusts can be used to process tax dues or pay other entitlements, such as employee salaries."

He pointed out that "tax integrity today no longer represents a threat, but has become an effective tool due to increased awareness among taxpayers, as a result of the awareness campaigns launched in the recent period."
https://economy-news.net/content.php?id=61097

Oil Rises More Than 1% After Sharp Losses

Monday, October 13, 2025 08:40 | Economic Number of readings: 325  Baghdad / NINA / Oil prices recovered some gains on Monday, after hitting their lowest levels in five months in the previous session, as investors hope that potential talks between the presidents of the United States and China will ease trade tensions between the world's two largest economies and oil consumers.

Brent crude futures rose 87 cents, or 1.39%, to $63.60 a barrel, after settling down 3.82% on Friday to its lowest levels since May 7.

West Texas Intermediate crude, the US intermediate, rose 87 cents, or 1.48%, to $59.77 a barrel, after falling 4.24% to reach its lowest levels since May 7. / End   https://ninanews.com/Website/News/Details?key=1256716

Gold Hits New Record High As Trade Tensions Escalate Between Washington And Beijing.

Monday, October 13, 2025 09:11 | Economics Number of readings: 323  Baghdad / NINA / Gold recorded a new record jump on Monday morning, driven by increased demand for safe havens amid escalating trade tensions between the United States and China, and growing expectations of a rate cut by the US Federal Reserve. At the same time, silver prices rose to their highest levels ever.

The price of spot gold rose 0.7% to reach $4,044.29 per ounce by 02:53 GMT, after reaching a record high of $4,059.30 earlier in the session.  US gold futures for December delivery also rose 1.6% to $4,062.50, according to Reuters.

This rise came after US President Donald Trump threatened on Friday to impose additional 100% tariffs on Chinese imports, along with new restrictions on the export of vital software, which will take effect on November 1, in response to Chinese restrictions imposed on the export of rare earth minerals and related equipment.

Meanwhile, silver prices jumped 2% to a record high of $51.52 an ounce, driven by the same factors that supported gold, along with tight supply in the spot market.

In other precious metals markets, platinum rose 2.6% to $1,628.80, and palladium rose by the same amount to $1,442.06. /End    https://ninanews.com/Website/News/Details?key=1256736

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

Seeds of Wisdom RV and Economics Updates Monday Afternoon 10-13-2025

Good Afternoon Dinar Recaps,

Ten Major Banks Explore Unified Stablecoin Alliance

Traditional banking giants are quietly forming a consortium to issue digital tokens pegged to fiat — a possible turning point in monetary power.

What’s Actually Unfolding

• A coalition of ten prominent banks — including Bank of America, Goldman Sachs, Deutsche Bank, UBS, Citi, Barclays, MUFG, TD Bank, Santander, and BNP Paribas — is reportedly exploring the issuance of a stablecoin pegged 1:1 to G7 currencies. 

• Their stated goal: to test whether blockchain-based, fiat-backed digital assets can combine payment efficiency with regulatory compliance and risk control. 

• The banks are in coordination with regulators and supervisors in markets where they operate, aiming to design a framework that balances innovation with stability. 

Why This Matters — The Stakes Are High

• If such a stablecoin gains traction, it would allow global banks to control money creation and flow via a digital platform — shifting influence from central banks and payments networks toward private institutions.

• The effort represents an attempt to merge control with liquidity: rather than competing in the back end, these banks may jointly own the rails.

• It also signals financial institutions taking a direct hand in monetary infrastructure, not just financing — blurring the lines between banking, currency, and payments.

Challenges & Open Questions

• Regulatory uncharted territory: Even supportive authorities will demand clarity on reserve backing, audits, redemption protections, and systemic safeguards.

• Trust & adoption: Winning public trust is even harder than building the system. If users fear failure or expropriation, adoption could stall.

• Interoperability vs fragmentation: Will this new system remain separate, or integrate with current rails (SWIFT, Fedwire, etc.) — or compete?

• Power concentration risk: A few banks controlling currency rails may raise concerns about collusion, data privacy, and undue leverage.

Where This Fits in the Bigger Reset

• This effort is part of a broader pattern: traditional banks moving from intermediaries to infrastructure owners.

• In parallel, SWIFT is developing its own blockchain payments platform, teaming with Bank of America and Citigroup to support tokenized transactions. 

• The move toward institutional stablecoins complements other shifts: Canton Network, institutional blockchain initiatives, and tokenization of bonds and assets. 

• If successful, this stablecoin could act as a new monetary backbone — one managed by banks instead of central banks, especially in a multilateral world of competing financial blocs.

Why This Matters

• This isn’t just fintech hype — it’s a strategic bet on who will own the future of money.

• The seeds of financial sovereignty are being planted not by states alone, but by private capital institutions assembling new currency power.

• As this system grows, existing monetary hierarchies may erode — making sovereignty, infrastructure control, and trust the true new currencies.

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

🌱Seeds of Wisdom Team🌱

@ Newshounds News™ Exclusive

Sources:
• Reuters — Major banks explore issuing stablecoins pegged to G7 currencies Reuters
• CryptoBriefing — Goldman Sachs, Deutsche Bank, and other banking giants unite to explore reserve-backed digital money Crypto Briefing
• Bankless — Global Banks Join Forces to Explore 1:1 Reserve-Backed Digital Currency Bankless
• Crypto.news — Goldman Sachs, BoA, Citigroup to explore stablecoin launch crypto.news
• ArXiv — Banking 2.0: The Stablecoin Banking Revolution arXiv
• Wikipedia — Canton Network (for context on institutional blockchain infrastructure) Wikipedia

~~~~~~~~~

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Iraq Economic News and Points To Ponder Monday Morning 10-13-25

Parliamentary Finance Committee: Washington Controls Iraqi Financial Transfers And Hinders Economic Independence
 
October 12, 18:33   Information/Baghdad..   Parliamentary Finance Committee member Moeen Al-Kadhimi 
confirmed on Sunday that the United States imposes direct control over financial transfers in Iraq,   restricting the country's ability to conduct banking transactions   freely and    independently.

He noted that  Washington is exploiting this issue to serve its   political and   economic interests.  Al-Kadhimi told Al-Maalouma News Agency, "The United States continues to exert pressure on the Central Bank of Iraq   through the SWIFT financial transfer system,   preventing Iraq from freely dealing with a number of countries and    negatively impacting the national economy." 

He added, "Washington is exploiting this system as a tool for   political pressure,   controlling access to funds in a number of sectors, and   imposing restrictions on foreign transfers,      particularly those related to         trade and         imports." 

 Al-Kadhimi stated that  "Iraq does not yet enjoy full financial sovereignty   due to these interventions that serve American interests   without taking into account the    needs of the Iraqi market or the    country's economic security requirements." https://almaalomah.me/news/112665/economy/حركة-حقوق:-تنويع-الاقتصاد-أولوية-في-المرحلة-المقبلة    

Advantages Of Domestic Debt
 
Economic 10/12/2025   Mohammed Sharif Abu Maysam  The most important characteristic of  domestic debt owed by the state is that it   is not accompanied by   conditions and   obligations     from the creditor parties, unlike external debt, which is often   coupled with a package of      conditions and   obligations    imposed by creditors as   they attempt   to transfer the economies of debtor countries       to be subordinate to the institutions of economic globalization.
 
These conditions guarantee the    transition of the economic system in that country      to a form of liberal economic system,   in which the authority of foreign capital   replaces the authority of the traditional state   through the privatization of state functions.
 
This advantage is sufficient to motivate the state,   when it needs financing in a deficit situation,      to resort to domestic debt, as   it is debt from local financing sources,   guaranteed by   treasury bonds   or transfers. 

Furthermore, this debt   is denominated in local currency and   does not pose a risk to exchange rates      due to increased demand for foreign currencies,  as is the case when repaying external debt.
 
This is another advantage of   domestic debt   over external debt, as  it is repaid when due in local currency.
 
In recent years,   after Iraq was able to pay off its debts to the International Monetary Fund, 
it has been observed that the   financial deficit is being financed      through the issuance of treasury bonds         and their transfers.
 
This is credited to those in charge of fiscal and monetary policy,   not only to spare the country the problems of      international conditions and obligations and the      accumulation of interest rates on these debts, but also because the adoption of domestic debt contributes, in one way or another,   to stimulating the accumulated cash mass       to invest in the issued bonds, which are   based on which high and guaranteed interest rates are granted   in light of the   decline in foreign exchange rates against the local currency,     which the markets have witnessed in recent months.

This has had   a positive impact on market activity and has   indirectly contributed to controlling inflation indicators.
 
What is being said about the rise in domestic debt   until the end of last March to about 85 trillion and 536 billion dinars,   in light of the   continuation of     construction and    reconstruction operations in all governorates, and the    rise in market activity rates,   does not represent a negative situation    in light of the expansion in investment spending,    if the operating budget allocations    are secured as governing allocations.
 
In any case, the government’s spending direction,   according to what has been announced,      is not limited to current expenditures only, but rather    targets the investment aspect,   which contributes to diversifying revenues that support,   in one way or another, the    financing of the public treasury.
 
Just as highlighting the negatives is the duty of the economic observer, it is also the duty to highlight what is positive,   and put an end to the fallacies that some employ with the aim of    creating noise.    https://alsabaah.iq/121931-.html  

The Etiquette Course Concludes At The Center For Banking Studies.
 
October 10, 2025  The Center for Banking Studies at the Central Bank of Iraq    concluded the course entitled (The Art of Etiquette in Banking)         for the period from 10/5-7/2025.
 
This comes within the framework of the efforts of the Center for Banking Studies     to develop the skills of banking cadres in all Iraqi governorates.  43 trainees participated in the course,  which targeted all employees who deal directly and indirectly with  customers,  customer service employees,  sales and marketing employees, and   administrative support teams.
 
The course covered the    fundamentals and    rules        of professional etiquette in the banking environment,    improving verbal and physical communication skills        with clients and colleagues, and    handling difficult situations and complaints professionally,    reinforcing positive behaviors that enhance the quality of banking services.      https://cbi.iq/news/view/3009    

The Etiquette Course Concludes At The Center For Banking Studies.
 
October 10, 2025  The Center for Banking Studies at the Central Bank of Iraq    concluded the course entitled (The Art of Etiquette in Banking)         for the period from 10/5-7/2025.
 
This comes within the framework of the efforts of the Center for Banking Studies     to develop the skills of banking cadres in all Iraqi governorates.   43 trainees participated in the course, which targeted all employees who deal directly and indirectly with   customers,    customer service employees,   sales and marketing employees, and   administrative support teams.
 
The course covered the    fundamentals and    rules  of professional etiquette in the banking environment,    improving verbal and physical communication skills  with clients and colleagues, and    handling difficult situations and complaints professionally,    reinforcing positive behaviors that enhance the quality of banking services.    https://cbi.iq/news/view/3009    

Economic Belt Along The Development Path
 
Economic 10/13/2025  Baghdad: Morning   The Iraqi Ports Company confirmed, on Sunday, the   identification of sectors targeted for investment in the development pipeline. While   categorizing investment opportunities in the development pipeline into three phases,  it indicated that there is an economic belt extending from Al-Faw to Türkiye.

The company's director, Farhan Al-Fartousi, said in a statement to the Iraqi News Agency (INA):
 
"Oliver Wyman has reached advanced stages of formulating the general policy   for implementing the development road project," noting that  "the most important thing this company has achieved is identifying the sectors   that will be targeted for investment, as   it is an economic project and  not just a road project." 

He added, "There will be an economic belt along this road from Al-Faw to Turkey.  Consequently, we have reached a comprehensive vision for investment opportunities.
 
These investment opportunities have been classified as 1, 2, and 3   according to their readiness for investment,   given that expansions will occur on both sides of the road,   whether economic or residential expansions towards the      road and      railway." 

Al-Fartousi explained that "the opportunities were classified according to raw materials   because Iraq is rich in a number of raw materials that      make it one of the world's leading manufacturing countries,   especially fertilizers.
 
Iraq is ranked second in the world in strategic phosphate reserves, and   so are the remaining energy projects,   fiber optic cable transmission projects, and   other projects."    https://alsabaah.iq/121994-.html  

SOMO: The Agreement With Exxonmobil Strengthens Iraq's Marketing Position In The Oil Sector.
 
Yesterday, 18:59   Baghdad – INA   he State Oil Marketing Organization (SOMO) confirmed on Sunday that the recently concluded agreement on principles with ExxonMobil   improves export capabilities and   strengthens Iraq's marketing position in the oil sector.
 
The company's general manager, Ali Nizar Al-Shatri, told the Iraqi News Agency (INA), "The agreement of principles with ExxonMobil   is an important strategic step for the      Iraqi oil industry and the      marketing sector alike." 

He added, "ExxonMobil is the world's leading oil, gas, and refining company.
 
It is an integrated company   that possesses the latest technology and   offers competitive prices,      enabling it to contribute to the marketing of Iraqi crude oil in various markets."  He added,
 
"The company has offered to enter into   refinery and   storage projects in several regions around the world,    particularly in Asia,     which would     strengthen Iraq's marketing position and    support the economic integration provided by the agreement." 
 
Al-Shatri pointed out that "Iraq has long needed such agreements with integrated global companies   that possess the expertise and technology," explaining that
 
"Iraq not only needs to develop oil production,   but also to improve its export capabilities by building integrated systems for      storage tanks and      export pipelines, which will keep pace with the development of fields such as the Majnoon field, which an agreement has been reached with ExxonMobil to develop."

Last Wednesday, Prime Minister Mohammed Shia al-Sudani sponsored the   signing ceremony of the HOA (Honorary Agreement of Principles)      between the         Ministry of Oil and the         American company Exxon Mobil.
 
The Prime Minister's Media Office stated in a statement received by the Iraqi News Agency (INA), 
"The agreement is an important step for the   future of the oil sector in Iraq and the   development of economic relations with the United States of America," stressing that "the doors are open to all major international companies   to contribute to the development of the oil sector."
 
The Prime Minister noted the government's "interest in cooperating with major oil companies,  particularly American ones,  to operate in important oil fields, including the Majnoon field in Basra,   and its commitment to  attracting and  developing investments in the energy sector,    particularly in gas investment." 
 
He stressed "the importance of ExxonMobil's contribution to   modernizing Iraq's oil export infrastructure,   diversifying export sources, and   utilizing the latest technologies in the oil industry   to   advance the oil sector and    increase production."
 
In turn, the company's Vice President, Peter Larden, expressed his "thanks to the Prime Minister   for the government's steps to strengthen bilateral cooperation, and   congratulated him on the occasion of Iraq's National Day," praising "the   remarkable development and progress the country is witnessing across various sectors and fields." https://ina.iq/ar/economie/245537-.html   

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

Seeds of Wisdom RV and Economics Updates Monday Morning 10-13-2025

Good Morning Dinar Recaps,

Phase One Peace: Hostage Release, Summit Diplomacy & a Fragile New Order

The first phase of a U.S.-brokered ceasefire unfolds. Hostages are freed, leaders convene — but the roots of lasting peace remain fragile.

All Living Israeli Hostages Freed — Hamas Makes Final Handover

• All 20 remaining living Israeli hostages have been released under the ceasefire deal.

• Israel committed to releasing over 1,900 Palestinian prisoners in return, part of the phased exchange.

• The release was assisted by the Red Cross and coordinated across multiple sites in Gaza. 

• Meanwhile, Hamas deployed fighters near hospitals during the release — a show of strength even amid truce efforts. 

These exchanges are the visible fruit of the deal — gestures meant to build trust and validate negotiation over violence.

Diplomacy Accelerates: Trump, Egypt & Regional Summit

• Trump arrived in Israel, addressed the Knesset, and proclaimed “the war is over” in a dramatic speech. 

• He then traveled onward to Sharm el-Sheikh, Egypt, for the Gaza Peace Summit, co-chaired with President al-Sisi. 

• Over 20 regional and international leaders are expected to attend, though Netanyahu is not scheduled to go. 

• Iran has publicly declined to attend the summit, signaling dissent within the regional alignment. 

This diplomatic architecture attempts to transition conflict from the battlefield to negotiation tables.

Complexities Beneath the Surface

• Gaza’s future governance, disarmament, and security structures remain unresolved — the border lines are drawn, but who governs what is a looming question.

• Palestinian Authority leadership appears willing to support the ceasefire architecture, though Israel has resisted giving control to the PA. 

• The differential participation of states (e.g. Iran skipping the summit) highlights fault lines in how this new order will be built. 

• Internal dynamics in Gaza — displacement, reconstruction pressure, factionalism — might destabilize post-ceasefire progress.

Even when the guns fall silent, the variables of legitimacy, reconstruction, and security remain in flux.

How This Moves the Global Chessboard

• This peace phase is a test case for post-war order-building — who funds reconstruction, who governs Gaza, who enforces peace.

• The financial stakes are high: flows of aid, credit, and investment will become instruments of influence in the rebuilt terrain.

• Nations backing alternative financial orders (e.g. BRICS, asset-backed systems) may seek entry points in reconstruction and leverage in governance.

• If this deal endures, it could shift regional realignment — allowing non-Western powers to argue for a new balance of influence.

Peace isn’t passive — it’s contested territory where money, aid, governance, and narratives compete for legitimacy.

Why This Matters / Key Takeaway

This historic release of hostages and the summit diplomacy are more than symbolic — they mark the opening act of a realignment in the Middle East. As military confrontation recedes, what replaces it will define capital flows, alliances, and sovereignty for decades.

• The fragile peace sets the foundation for a new regional order.
• How reconstruction is led and financed will test whether this is merely a pause or a new chapter.
• The world is watching to see whether negotiation and capital, not force, reshape the region.

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

@ Newshounds News™ Exclusive

Sources
• The Guardian – Hamas releases 20 remaining hostages The Guardian
• Reuters – Hamas deploys fighters during release Reuters
• Reuters – Hamas freed the last 20 surviving hostages Reuters
• AP News – Living hostages and Palestinian prisoners are released AP News
• Reuters – Trump says war is over, hosts released

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JPMorgan Unveils $1.5 Trillion Investment Plan: The U.S. Financial Powerhouse Re-Arms for the Next Era

The largest American bank is directing massive capital toward defense, energy, and quantum infrastructure — signaling that Wall Street is now aligning directly with U.S. national security goals.

Wall Street Turns Strategic

• JPMorgan announced a $1.5 trillion investment initiative aimed at revitalizing key U.S. industries — defense technology, energy transition, AI, and quantum computing.

• CEO Jamie Dimon stated the plan will “anchor America’s competitive edge” while preparing for economic and geopolitical volatility through 2035.

• The strategy prioritizes sectors viewed as dual-use — where economic output directly reinforces national defense and energy independence.

🌱 This signals that U.S. financial institutions are no longer just profit engines — they’re instruments of strategic statecraft. Wall Street’s capital flows are aligning with Washington’s new industrial policy.

The Economic Engine of Security

• Funding will target advanced manufacturing, semiconductors, rare-earth supply chains, and quantum-secure communication networks.

• JPMorgan described this as part of a “resilient capital architecture” designed to safeguard supply chains and energy grids.

• Dimon emphasized that “America’s future depends on finance that fortifies the real economy, not speculative bubbles.”

🌱 The plan effectively merges monetary and defense policy — planting seeds for a new era where finance becomes an extension of national resilience.

De-Globalization and the Great Re-Anchoring

• The initiative comes amid global fragmentation, as BRICS, China, and the Gulf nations push toward multipolar financial ecosystems.

• Analysts say the U.S. is re-anchoring domestic industry in anticipation of reduced global capital interdependence.

• Dimon’s remarks framed the move as “a generational pivot from financial globalization to financial sovereignty.”

🌱 This reflects the broader transition from global to regional finance — where economic power is rooted in domestic capability rather than outsourced efficiency.

BRICS, De-Dollarization, and Counterbalance

• JPMorgan’s strategy coincides with intensifying efforts by BRICS+ nations to reduce dollar exposure and create commodity-backed settlement systems.

• By funding U.S. energy and defense sectors, the bank aims to reinforce the dollar’s strategic backing — effectively turning investment capital into geopolitical counterweight.

• As Dimon noted, “The U.S. dollar’s strength must come from the strength of what it represents.”

🌱 While BRICS builds alternatives, the U.S. is planting the seeds of its own financial renewal — transforming capital markets into instruments of sovereignty.

Why This Matters

This move isn’t merely about banking — it’s a blueprint for financial resilience in a fractured world. JPMorgan’s $1.5 trillion plan positions U.S. capital as a tool of national strategy, not just market speculation.
If successful, it could redefine how private finance supports state power, setting a precedent for global capital alignment in an era of monetary fragmentation.

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

@ Newshounds News™ Exclusive

Sources:
• Reuters – JPMorgan unveils $1.5 trillion plan to boost investments in U.S. strategic industries (Oct 13 2025)
• Bloomberg Intelligence
• Financial Times Analysis

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