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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

How Much Should You Share With Your Kids About Your Finances?

How Much Should You Share With Your Kids About Your Finances? Experts Weigh In

Nicole Spector   Wed, June 25, 2025   GOBankingRates

Most of us were raised without any formal education in personal finance. This alone can hold us back. But for many of us, it’s worse than that — we didn’t have much of an understanding of what was going on with money in our own homes while we were growing up. Maybe we sensed, or were told, that the money situation at home was “bad” or “good” or “stressful.” But that’s not education — that’s emotion.

Now, as parents, we want our children to have it better than we did. That means equipping them with the right tools to navigate the world of personal finance when they’re older. So what, exactly, should we share with our kids about our finances?

How Much Should You Share With Your Kids About Your Finances? Experts Weigh In

Nicole Spector   Wed, June 25, 2025   GOBankingRates

Most of us were raised without any formal education in personal finance. This alone can hold us back. But for many of us, it’s worse than that — we didn’t have much of an understanding of what was going on with money in our own homes while we were growing up. Maybe we sensed, or were told, that the money situation at home was “bad” or “good” or “stressful.” But that’s not education — that’s emotion.

Now, as parents, we want our children to have it better than we did. That means equipping them with the right tools to navigate the world of personal finance when they’re older. So what, exactly, should we share with our kids about our finances?

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

Your Money Values

“The first place my mind goes when thinking about your question is, share your money values,” said Brian Lawrence, partner and financial advisor at North Ridge Wealth Advisors. “Teaching values can start at a young age and last until they leave for college, or whatever the next step might be after high school.”

Consider the everyday — or even once-a-year — things you do with money that reflect your financial values. “The conversations can be as simple as saying, ‘We are a family that pays our bills on time’; ‘Our family doesn’t buy unnecessary things’; or ‘This family saves money so we can buy things that really matter, or go on special trips,'” Lawrence said. “The list is endless. And discussion should be welcome to help children understand ‘Why.'”

How Money Grows

Victor Wang, CEO at Stockpile, pointed out that many of us tell our kids, “Money doesn’t grow on trees,” but stop there. We should go further and show them where and how money does grow.

“Introducing concepts like compound interest and investing can help them understand the value of patience and long-term thinking,” Wang said. “You can start by explaining that when you invest money, it doesn’t just sit there. It can grow over time because the money you earn, through returns or dividends, can help you earn even more. Using simple examples or visual aids, like a chart or an online calculator, can make this concept clear and engaging for kids.”

Wang encouraged taking it a step further by showing your kids how you invest — whether through a retirement account or investing app.

“When kids see that investing is something you do little by little over time — not a one-off thing or some big gamble — they start to see that growing money is about patience and sticking with it,” he said. “Encouraging them to start small, maybe by saving part of their allowance or birthday money, and watching it grow bit by bit can help them feel excited and confident about handling their own money down the road.”

Your Relationship Between Work and Earnings

Kids, especially those too young to get summer jobs, may not clearly connect the dots about how their needs or wants are fulfilled by your income. You shouldn’t hold your hard work over their heads, but you should open a conversation about the concept of earning money by working.

TO READ MORE:  https://www.yahoo.com/lifestyle/articles/much-share-kids-finances-experts-131606912.html

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Friday Morning 6-27-2025

TNT:

Tishwash:  Al-Mashhadani hopes that Iraqis will achieve their aspirations for a dignified and prosperous life.

During his congratulations on the Hijri New Year

Parliament Speaker Mahmoud al-Mashhadani congratulated Iraqis on Thursday on the occasion of the new Hijri year, wishing them the fulfillment of their aspirations for a dignified and prosperous life.

Al-Mashhadani's office said:

The Speaker of the Iraqi Council of Representatives, Dr. Mahmoud Al-Mashhadani, extends his sincere congratulations and best wishes to our honorable people and to the entire Islamic nation on the occasion of the new Hijri year.

TNT:

Tishwash:  Al-Mashhadani hopes that Iraqis will achieve their aspirations for a dignified and prosperous life.

During his congratulations on the Hijri New Year

Parliament Speaker Mahmoud al-Mashhadani congratulated Iraqis on Thursday on the occasion of the new Hijri year, wishing them the fulfillment of their aspirations for a dignified and prosperous life.

Al-Mashhadani's office said:

The Speaker of the Iraqi Council of Representatives, Dr. Mahmoud Al-Mashhadani, extends his sincere congratulations and best wishes to our honorable people and to the entire Islamic nation on the occasion of the new Hijri year.

 He asks God Almighty to make it a year of goodness, peace, and stability, in which the aspirations of our people for a dignified and prosperous life are fulfilled, and to bring this occasion back to our beloved Iraq while it enjoys glory and progress, and to bring security, peace, and unity to our Islamic nation.  link

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

Tishwash:  Iraq chairs the Asia-Pacific group and receives international endorsement

Iraq assumed the presidency of the Asia-Pacific Group for the month of July, and received the group's support for its candidacy for membership in the Human Rights Council (2026–2028). The Ministry of Foreign Affairs stated that “the monthly meeting of the Asia-Pacific Group was held for the month of June at the United Nations headquarters in New York, during which the group’s countries announced their support and endorsement of the Republic of Iraq’s candidacy for membership in the Human Rights Council for the period 2026–2028.”

 He added that “this endorsement is the result of the intensive diplomatic efforts made by the Iraqi Ministry of Foreign Affairs, through its permanent missions and embassies around the world, as part of the nomination campaign that reflects Iraq’s firm commitment to the values ​​and principles of human rights.”

 The Permanent Representative of the Republic of Iraq to the United Nations, Abbas Kazim Obaid, expressed his “deep thanks and gratitude to the member states of the regional group for their support,” noting that “this endorsement represents an important milestone in the nomination process and adds a double responsibility to the Iraqi delegation ahead of the elections scheduled for the United Nations General Assembly in October 2025.”

In his address to the group, Obaid stressed that “Iraq’s candidacy for membership in the Human Rights Council is based on the national achievements and measures taken by the Iraqi government in the field of promoting human rights, as well as Iraq's constructive cooperation with relevant UN mechanisms." During the meeting, the Permanent Representative of the Islamic Republic of Iran, in his capacity as Chair of the Group for the month of June, announced that "Iraq will assume the chairmanship of the Asia-Pacific Group for July 2025, a step that reflects the growing confidence in Iraq's active role within the UN system.

The handover ceremony took place, and all missions of Member States and regional groups were officially informed." At the conclusion of the meeting, the Member States of the Group expressed their congratulations to Iraq on assuming the chairmanship of the Group, expressing their confidence in its ability to effectively represent the Group's interests and priorities.  linl

***********

Tishwash:  Government advisor: The ceasefire agreement provided temporary relief to oil markets

 The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed on Thursday that the ceasefire agreement between Iran and the Zionist entity has returned oil markets to a downward trend.

Saleh told the Iraqi News Agency (INA): "Following the announcement of a ceasefire agreement between Iran and the Zionist entity, which halted threats to close the vital Strait of Hormuz - threats issued within the context of escalation with the Zionist entity - oil markets returned to a downward path and headed towards peace indicators, after a sudden hedging wave that they witnessed at the height of tension."

He added, "The Strait of Hormuz is strategic, through which approximately 20% of the world's crude oil passes, in addition to a third of liquefied natural gas supplies destined for international markets under ongoing, long-term contracts." He noted that "the decision to cease the war has given energy markets a strong positive signal indicating the stability of supply routes, especially in the world's most important energy corridor."

“This was directly reflected in Brent crude prices, which are considered a benchmark for oil pricing, as they recorded an immediate drop of more than 5%, equivalent to $3 to $4 per barrel in a single session. This is considered one of the largest daily declines in recent times, which means the end of the threat and the return of balance to the market,” he continued, stressing that “the end of the threats that were threatening the Strait of Hormuz and the return to the language of calm represented a temporary moment of relief for the markets. However, in reality, this relief does not necessarily mean long-term stability, as the fragility of the truce and the possibility of renewed clashes if diplomatic efforts fail, maintain a high level of caution in future forecasts.”

He explained that "the market is now pricing oil and is once again being affected by traditional economic factors: from weak demand, to OPEC+ production policies, to competition between exporting countries from within and outside the organization."

He pointed out that "public finances in Iraq must adhere to the constants of hedging and financial discipline included in Law No. 13 of 2023 (the three-year budget), which is spending according to the optimal minimum requirements and resorting to domestic borrowing when needed, as permitted by the law and in a way that does not disrupt basic operational and investment expenditures, even with the disappearance of the (strategic oil premium) generated by threats to the Strait of Hormuz." link

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

Mot:  One of the ""Joys"" of being Retired!!!! 

Mot: . I've Been Bored so I ~~~

 

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MilitiaMan, News Dinar Recaps 20 MilitiaMan, News Dinar Recaps 20

MilitiaMan & Crew:  Iraq Dinar Update- Development Road Project, Salaries, Budget

MilitiaMan & Crew:  Iraq Dinar Update- Development Road Project, Salaries, Budget

6-26-2025

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

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

MilitiaMan & Crew:  Iraq Dinar Update- Development Road Project, Salaries, Budget

6-26-2025

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

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

https://www.youtube.com/watch?v=kpkB-V54E8s

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Economics, sovereign man DINARRECAPS8 Economics, sovereign man DINARRECAPS8

I’m Far More Concerned About The Deficit Than World War 3

I’m Far More Concerned About The Deficit Than World War 3

Notes From the Field By James Hickman (Simon Black)  June 24, 2025

I can understand why so many people are worried about World War 3 breaking out. It’s a completely rational concern. I just don’t happen to share it.

Why? Because regardless of the debate over whether the US strikes against Iran’s nuclear facilities were a good idea, or a reckless risk of another expensive foreign entanglement, one thing is indisputable: America reminded the world of its immense military capabilities.

I’m Far More Concerned About The Deficit Than World War 3

Notes From the Field By James Hickman (Simon Black)  June 24, 2025

I can understand why so many people are worried about World War 3 breaking out. It’s a completely rational concern. I just don’t happen to share it.

Why? Because regardless of the debate over whether the US strikes against Iran’s nuclear facilities were a good idea, or a reckless risk of another expensive foreign entanglement, one thing is indisputable: America reminded the world of its immense military capabilities.

There’s not a single adversary nation that wants to risk armed conflict with the US after watching those stealth bombers obliterate their targets.

And the proof is already here: Iran’s foreign minister flew to Moscow seeking military support from Russia... and Putin offered absolutely nothing except for strong words.

This is why I’m more convinced than ever that World War 3 is NOT going to break out over this conflict: no other country wants F-35s or B-2 stealth bombers in their airspace, let alone the 75th Ranger Regiment and ‘Delta Force’ special operators.

There’s now a great deal of debate over the wisdom of the air strikes, including within the President’s own party.

I’m extremely sympathetic to the view that America cannot afford yet another foreign occupation brought on by regime change in the Middle East; it should hardly be controversial to say that a country should avoid pointless and unwinnable conflicts.

At the same time, it should also be uncontroversial to see obvious benefit in ensuring that your sworn enemy does not have nuclear bombs.

As I wrote yesterday, a fairly conservative cost estimate of the air strikes, naval deployment, and assistance to Israeli air defense is around $1 billion. That’s not nothing.

But it’s also clear that the government spends a lot more than that on completely idiotic and pointless programs.

The Bureau of Labor Statistics spends more than $1 billion each year just to publish dubious economic reports that private companies (like ADP) already produce for free... and with greater accuracy. Would anyone rationally argue that the Bureau’s reports are more important than neutralizing a nuclear threat?

Unfortunately I’m not sure anyone in Washington is engaging in this kind of rational cost/benefit analysis... which is why the US has a $36 trillion national debt.

Private businesses and individuals have to make these rational decisions every day about how to allocate scarce resources— primarily time, money, and energy. The government, on the other hand, pretends that it has unlimited, infinite resources.

And this ‘unlimited resource’ mentality is FAR more concerning to me than the prospect of World War 3.

Without a change, the US could easily find itself in an existential financial crisis within the next eight years. I’m not being dramatic.

And in today’s podcast, we explain why and how that’s likely; we discuss:

Why the Social Security cliff is coming faster than expected—and how even its predicted 2033 insolvency is optimistic.

How this problem—and America’s debt addiction— could be solved, if any politician were willing to even address it.

How the US missed a golden opportunity to refinance its debts at much lower interest rates just four years ago.

How the US used to be capable of making wise investments— like the Louisiana Purchase or buying Alaska.

What the looming fiscal crisis means in practical terms for Americans (Spoiler: inflation).

Why foreign governments and central banks are shifting their reserves away from US dollars and towards strategic assets— not just gold, but platinum, industrial metals and even uranium.

And why the companies that produce these real assets are remarkably cheap.

CLICK HERE to listen to the podcast.

For the audio-only version, check out our online post here.
Finally, you can find the podcast transcript for your convenience, here.


To your freedom,   James Hickman   Co-Founder, Schiff Sovereign LLC


P.S. The clock is ticking—America likely has eight years at most before a financial crisis unleashes runaway inflation.

Foreign central banks know it. They’re dumping dollars and buying gold. But they’re not buying small, overlooked gold companies—some producing for $1,000/oz and trading below their cash on hand.

That’s where the real opportunity lies: low downside, massive upside. Our 4th Pillar research has already uncovered multiple winners—up 2–3x—and others could take off any day.

TO READ MORE: https://www.schiffsovereign.com/podcast/im-far-more-concerned-about-the-deficit-than-world-war-3-podcast-153033/?inf_contact_key=c8e5f9064d267fde59e97d68ed18ed8f266def61f88c0e3dcc6731a9f494e737

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

7 Unforeseen Financial Obligations You Take On When You Retire

7 Unforeseen Financial Obligations You Take On When You Retire

John Csiszar  Mon, May 13, 2024

Once you retire, you want your financial life to be as uneventful as possible. If you’re like most retirees, you’ll be living on a combination of investment income and Social Security benefits, and that income will be relatively fixed and predictable.

This means that unexpected financial obligations can cause serious distress, as it might be hard to find a way to pay for them without going into debt. To avoid falling into this situation, it’s best to plan ahead and build a bigger emergency fund before you retire so that none of these expenses send you into a financial tailspin.

7 Unforeseen Financial Obligations You Take On When You Retire

John Csiszar  Mon, May 13, 2024

Once you retire, you want your financial life to be as uneventful as possible. If you’re like most retirees, you’ll be living on a combination of investment income and Social Security benefits, and that income will be relatively fixed and predictable.

This means that unexpected financial obligations can cause serious distress, as it might be hard to find a way to pay for them without going into debt. To avoid falling into this situation, it’s best to plan ahead and build a bigger emergency fund before you retire so that none of these expenses send you into a financial tailspin.

General Healthcare Expenses

It’s a fact of life that at least statistically, healthcare expenses rise as you age. The problem in terms of budgeting for retirement is that there’s no way to know just how high those costs will go. For this reason, it’s best to head into retirement expecting these so-called “unexpected” healthcare costs and to budget on the high side if at all possible.

Elderly Parents

Even if you retire at 65, it’s entirely possible that your parents are still alive, and it’s also possible or even probable that they will need your assistance in some way. Oftentimes, this assistance comes in the form of financial aid. If you’re already struggling to live on your retirement budget, having to take care of your elderly parents might be enough to break the bank.

As you approach retirement, however, you’ll likely have a good idea of how much financial support you might have to provide for your elderly parents, and it’s important to incorporate this into your budget, if possible.

Long-Term Care

In addition to rising general healthcare expenses, many retirees will have to plan for long-term care. Research shows that up to 70% of adults 65 and older will need long-term care in their lifetimes, so it’s definitely an expense you should anticipate could arise after you retire. The national average median cost for long-term care ranges from $2,058 for adult day health care to $9,733 for a private room in a nursing home, according to Genworth.

Although it’s hard to budget for large expenses, knowing they are coming can help in the planning process. One of the avenues you might consider is getting long-term care insurance before you need it.

Adult Children

https://finance.yahoo.com/news/7-unforeseen-financial-obligations-retire-120029536.html

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Chats and Rumors Dinar Recaps 20 Chats and Rumors Dinar Recaps 20

Evening News with MarkZ, joined by Dr. Scott Young. 06/26/2025

Evening News with MarkZ, joined by Dr. Scott Young. 06/26/2025

MarkZ Disclaimer: Please consider everything on this call as my opinion.  Be sure to consult a professional for any financial decisions.

Dr. Scott talks about Nesara.

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

Evening News with MarkZ, joined by Dr. Scott Young. 06/26/2025

MarkZ Disclaimer: Please consider everything on this call as my opinion.  Be sure to consult a professional for any financial decisions.

Dr. Scott talks about Nesara.

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

https://rumble.com/user/theoriginalmarkz

Kick:  https://kick.com/theoriginalmarkz

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

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

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

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

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:   https://www.youtube.com/watch?v=lR0i0mbjvfQ

 

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Gold and Silver, Economics Dinar Recaps 20 Gold and Silver, Economics Dinar Recaps 20

Where are Metals Headed Amid Geopolitical Chaos: Andy Schectman

Where are Metals Headed Amid Geopolitical Chaos

Liberty and Finance: Andy Schectman:  6-25-2025

In a recent exclusive interview with Liberty and Finance, Andy Schectman provided a detailed breakdown of the escalating tensions between Iran, Israel, and the United States.

The ongoing conflict has significant implications for global stability and the precious metals markets. As the situation continues to unfold, it is essential to understand the potential consequences of these rising tensions.

Where are Metals Headed Amid Geopolitical Chaos

Liberty and Finance: Andy Schectman:  6-25-2025

In a recent exclusive interview with Liberty and Finance, Andy Schectman provided a detailed breakdown of the escalating tensions between Iran, Israel, and the United States.

The ongoing conflict has significant implications for global stability and the precious metals markets. As the situation continues to unfold, it is essential to understand the potential consequences of these rising tensions.

The Middle East has long been a hotbed of geopolitical activity, with various nations vying for power and influence. The current tensions between Iran, Israel, and the US are rooted in a complex web of historical, cultural, and economic interests.

 Iran’s now-crippled nuclear program, Israel’s concerns about national security, and the US’s role as a global superpower have all contributed to the escalating conflict.

The rising tensions between these nations pose a significant threat to global stability. A potential conflict could have far-reaching consequences, including disruptions to global trade, increased terrorism, and a heightened risk of cyberattacks. The impact on the global economy could be severe, with potential losses in the trillions of dollars.

In times of geopolitical uncertainty, investors often turn to precious metals as a safe haven. Gold, silver, and other precious metals have historically performed well during periods of conflict and economic instability.

As the situation in the Middle East continues to deteriorate, investors may increasingly seek out these assets as a hedge against potential losses.

Andy Schectman’s interview with Liberty and Finance provides valuable insights into the current situation and its potential implications for the precious metals markets. With his expertise in the field, Schectman offers a nuanced understanding of the complex factors at play and the potential consequences of the rising tensions.

For a deeper understanding of the geopolitical chaos involving Iran, Israel, and the US, and its potential impact on global stability and precious metals markets, watch the full video interview with Andy Schectman on Liberty and Finance.

The interview provides a comprehensive analysis of the situation and offers valuable insights for investors and individuals concerned about the potential consequences of the escalating conflict.

In conclusion, the rising tensions between Iran, Israel, and the US have significant implications for global stability and the precious metals markets. As the situation continues to unfold, it is essential to stay informed and adapt to the changing landscape.

By watching the full interview with Andy Schectman and staying up-to-date on the latest developments, individuals can better navigate the complex and rapidly evolving geopolitical environment.

https://youtu.be/TV4VgYEqeHk

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News DINARRECAPS8 News DINARRECAPS8

Iraq Economic News and Points To Ponder Thursday Afternoon 6-26-25

Expert: Economic Stability In Iraq...And Identifies A Prominent Reason

Time: 2025/06/26 Reading: 225 times  {Economic: Al Furat News} Economic expert Abdul Rahman Al Mashhadani confirmed that Iraq is currently experiencing a degree of local economic stability, attributing this to continued government support for the fuel sector and energy provision.

Al-Mashhadani explained in a statement to Al-Furat News that: "The stability includes subsidized gasoline, diesel, and gas, in addition to providing free fuel to private generators to ensure the continuity of electricity for citizens."

Expert: Economic Stability In Iraq...And Identifies A Prominent Reason

Time: 2025/06/26 Reading: 225 times  {Economic: Al Furat News} Economic expert Abdul Rahman Al Mashhadani confirmed that Iraq is currently experiencing a degree of local economic stability, attributing this to continued government support for the fuel sector and energy provision.

Al-Mashhadani explained in a statement to Al-Furat News that: "The stability includes subsidized gasoline, diesel, and gas, in addition to providing free fuel to private generators to ensure the continuity of electricity for citizens."

He pointed out that "the ampere prices set by the Baghdad Provincial Council for this month were identical to those set last month, indicating relative stability in this aspect of services."

However, Al-Mashhadani warned that "this stability could be negatively impacted if the war continues, especially given the potential for the security situation to deteriorate as a result of the conflict escalating in Iraqi airspace." He noted that "the calm of the government and citizens, along with the end of the war, played a significant role in maintaining economic stability across all sectors."   LINK

Sudanese Advisor: The Ceasefire Agreement Provided Temporary Relief To Oil Markets.

Energy  Economy News – Baghdad   The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed on Thursday that the ceasefire agreement between Iran and the Zionist entity has returned oil markets to a downward trend.

Saleh told the official agency, followed by Al-Eqtisad News, that "following the announcement of a ceasefire agreement between Iran and the entity, which halted threats to close the vital Strait of Hormuz - threats issued within the context of escalation with the entity - oil markets returned to a downward path and headed towards peace indicators, after a sudden hedging wave that it witnessed at the height of tension."

He added, "The Strait of Hormuz is strategic, through which approximately 20% of the world's crude oil passes, in addition to a third of liquefied natural gas supplies destined for international markets under ongoing, long-term contracts.

" He noted that "the decision to cease the war has given energy markets a strong positive signal indicating the stability of supply routes, especially in the world's most important energy corridor."

“This was directly reflected in Brent crude prices, which are considered a benchmark for oil pricing, as they recorded an immediate drop of more than 5%, equivalent to $3 to $4 per barrel in a single session.

This is considered one of the largest daily declines in recent times, which means the end of the threat and the return of balance to the market,” he continued, stressing that “the end of the threats that were threatening the Strait of Hormuz and the return to the language of calm represented a temporary moment of relief for the markets.

However, in reality, this relief does not necessarily mean long-term stability, as the fragility of the truce and the possibility of renewed clashes if diplomatic efforts fail, maintain a high level of caution in future forecasts.”

He explained that "the market is now pricing oil and is once again being affected by traditional economic factors: from weak demand, to OPEC+ production policies, to competition between exporting countries from within and outside the organization.

" He pointed out that "public finances in Iraq must adhere to the constants of hedging and financial discipline included in Law No. 13 of 2023 (the three-year budget), which is spending according to the optimal minimum requirements and resorting to domestic borrowing when needed, as permitted by the law and in a way that does not disrupt basic operational and investment expenditures, even with the disappearance of the (strategic oil premium) generated by threats to the Strait of Hormuz."   https://economy-news.net/content.php?id=56663

Parliamentary Warnings Of The Repercussions Of Dependence On Oil

Buratha News Agency1452025-06-26   The Parliamentary Finance Committee warned on Thursday, June 26, against continuing to rely on oil prices, as it is considered a risk to the Iraqi economy.

Committee member Mustafa Al-Karawi told Al-Sumaria TV that, “There was an increase in oil prices during the past crisis represented by the war between the Islamic Republic of Iran and the usurping Zionist entity, due to market turmoil and export problems. Consequently, this increase was reflected positively in the country’s financial aspect.” He added,

“However, in general, this is not considered a real increase, as there are circumstances that may affect the reduction of the oil price to below the normal price, and thus continuing to rely on oil prices is considered a risk to the Iraqi economy.”

He explained that "another parallel economy must be built to compensate and support the country in the event of any external problems, given that oil prices are controlled by others. In contrast, the internal economy and non-oil revenues can be in the hands of the Iraqi government.

" He indicated, "We hope for security and economic stability in the region so that there is no direct impact on the country or on neighboring Islamic countries."   https://burathanews.com/arabic/economic/462060

Iraq's Oil Exports Exceed 500 Million Barrels In Five Months

Energy  Economy News – Baghdad  Iraq's oil exports in the first five months of 2025 exceeded 500 million barrels.

According to statistics announced by SOMO, "Iraq's total oil exports during the first five months of this year amounted to 507 million, 699 thousand, and 760 barrels, at a rate of 101 million, 539 thousand, and 932 barrels per month."

She added, "The total oil exported from the Basra and central fields from Basra ports amounted to 492 million, 543 thousand, and 872 barrels, while the total exported from the Qayyarah field from Kirkuk amounted to 4 million, 745 thousand, and 590 barrels."

Statistics also indicated that "oil exports from the modern Kirkuk depot to Jordan during this period amounted to 1,649,316 barrels." According to SOMO, "financial revenues from exports for the months of March, April, and May amounted to $20 billion, 816 million, 452 thousand, and 330 dollars." https://economy-news.net/content.php?id=56665

Dollar Exchange Rate Fluctuations Against The Dinar In Baghdad

Economy | 10:46 - 06/26/2025  Mawazine News - Baghdad -  The US dollar exchange rate witnessed a decline in local markets on Thursday morning. It decreased slightly on the Al-Kifah and Al-Harithiya stock exchanges, recording 141,400 Iraqi dinars for every $100, while yesterday morning, Wednesday, it recorded 141,500 dinars for every $100.

Selling prices in exchange shops in local markets in Baghdad also stabilized, with the selling price reaching 142,500 Iraqi dinars for every $100, and the purchase price reaching 140,500 dinars for every $100.   https://www.mawazin.net/Details.aspx?jimare=263102

The Minister Of Interior Affirms Iraq's Keenness To Consolidate Cooperation With NATO In The Areas Of Training And Capacity Building.

A wish | 06/26/2025  Mawazine News - Baghdad -   Interior Minister Abdul Amir Al-Shammari affirmed, on Thursday, his keenness to enhance coordination with NATO, especially in the field of training and capacity building.

The ministry said in a statement received by Mawazine News: "Interior Minister Abdul Amir Al-Shammari met with the Commander of the NATO Mission in Iraq, Major General Christophe Hintery, and his accompanying delegation."

The statement added, "At the beginning of the meeting, the Minister welcomed his guests and discussed with them a number of topics of common interest, most notably the Iraqi Ministry of Interior's readiness to cooperate with the mission in all training fields. Regional developments were also discussed during this meeting."

According to the statement, the Minister stressed his keenness to "strengthen bilateral relations and enhance coordination, especially in the field of training and capacity building."

For his part, the NATO Commander praised "the remarkable security stability in all Iraqi governorates, appreciating the efforts of the Iraqi Ministry of Interior in supporting security work and its cooperation in the field of training, especially as it is an advanced ministry in security issues."

The statement added, "The meeting discussed cooperation in the fields of cybersecurity, international border control, combating drugs, and training operations for the Federal Police Forces Command." https://www.mawazin.net/Details.aspx?jimare=263115

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

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Seeds of Wisdom RV and Economic Updates Thursday Afternoon 6-26-25

Good Afternoon Dinar Recaps,

BRICS Inspires 15 African Nations to Adopt Homegrown Payment System
By Watcher.Guru | June 2025

Africa is now taking a decisive step toward de-dollarization, inspired by the BRICS bloc. A group of 15 African countries has turned to the Pan-African Payments and Settlements System (PAPSS)—a homegrown payment network that allows trade settlements in local currencies, bypassing the US dollar entirely.

Good Afternoon Dinar Recaps,

BRICS Inspires 15 African Nations to Adopt Homegrown Payment System
By Watcher.Guru | June 2025

Africa is now taking a decisive step toward de-dollarization, inspired by the BRICS bloc. A group of 15 African countries has turned to the Pan-African Payments and Settlements System (PAPSS)—a homegrown payment network that allows trade settlements in local currencies, bypassing the US dollar entirely.

Key Highlights:

▪️ 15 African nations, including Kenya, Malawi, Tunisia, and Zambia, are using PAPSS to settle trade.
▪️ 150+ commercial banks are now connected to PAPSS.
▪️ The system can cut foreign exchange costs from 10–30% down to just 1%.
▪️ PAPSS leverages regional currencies like the Nigerian naira, Ghanaian cedi, and South African rand.
▪️ Estimated $5 billion in savings in FX costs if scaled across Africa.

PAPSS: Africa’s Answer to the US Dollar

PAPSS—created to enable real-time gross settlement of cross-border transactions—is becoming the financial backbone of intra-African trade. It reduces reliance on USD, which traditionally dominated African trade deals due to lack of direct currency convertibility.

With BRICS as its model, PAPSS aims to shift African economies toward currency sovereignty. It eliminates the need for costly third-party currencies and reinvests saved foreign exchange into local development.

“A trade worth $200 million in USD could cost up to 30% in FX fees. PAPSS drops that to just 1%.”

A Growing Threat to USD Dominance

The Pan-African system mirrors the BRICS vision: creating a multipolar financial world with decentralized currency power. In fact, BRICS itself is exploring a similar platform, aligning closely with PAPSS to reduce reliance on Western-led financial systems.

As more countries across Africa adopt PAPSS, the pressure on the U.S. dollar’s international dominance will only increase. Combined with BRICS initiatives, the global financial structure is pivoting toward regional cooperation and currency independence.

The Big Picture:

Africa’s use of PAPSS is a quiet revolution that could become one of the most significant economic stories of the decade. By bypassing the dollar, reducing transaction costs, and increasing autonomy, Africa is joining a global movement toward local currency empowerment—one spearheaded by BRICS and now embraced continent-wide.

The future of trade may not revolve around the dollar, but around locally-led, digitally connected networks like PAPSS.

@ Newshounds News™
Source:  
Watcher Guru

~~~~~~~~~

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Why Nations Are Moving Gold Out of the U.S. and Back Home

Why Nations Are Moving Gold Out of the U.S. and Back Home | Peter Boehringer

Kitco News:   6-26-2025

Central banks around the world are accelerating a quiet but powerful shift — pulling their gold reserves out of U.S. and foreign custody.

 Germany led this move over a decade ago, repatriating 674 tonnes of gold from the Federal Reserve and Banque de France. Now others are following. Why?

Why Nations Are Moving Gold Out of the U.S. and Back Home | Peter Boehringer

Kitco News:   6-26-2025

Central banks around the world are accelerating a quiet but powerful shift — pulling their gold reserves out of U.S. and foreign custody.

 Germany led this move over a decade ago, repatriating 674 tonnes of gold from the Federal Reserve and Banque de France. Now others are following. Why?

 In this exclusive Kitco News interview, Jeremy Szafron speaks with Peter Boehringer, Member of the German Bundestag and former Chair of the Budget Committee, who spearheaded Germany’s gold repatriation.

 Boehringer breaks down why trust, control, and monetary sovereignty are pushing countries to rethink their reserve strategies — and why this trend is only gaining speed in 2025.

Key topics:

-Germany’s gold repatriation: why it began and how it unfolded

-The risks of outsourcing custody to the U.S. and U.K.

 -OMFIF 2025 survey: 70% of central banks cite U.S. instability as a concern

-Why more central banks are buying gold and reducing dollar exposure

-Is a sovereign gold movement underway?

-Could gold become a new anchor of credibility in a fragmenting world?

-The future of the euro, digital currencies, and Bitcoin in national reserves

00:00 Introduction

01:57 Germany's Gold Repatriation

04:05 Concerns About Foreign Gold Custody

 07:21 Audit and Transparency Issues

 13:32 Global Gold Movement

18:25 Euro and Global Reserve Dynamics

21:12 Germany's Fiscal Policy and Gold Reserves

23:50 Germany's Missed Gold Opportunity

24:54 Bitcoin vs. Gold: A Libertarian Perspective

25:18 The Future of Sovereign Crypto Reserves

25:48 Gold's Historical Value and Bitcoin's Uncertainty

 27:25 Challenges of Using Gold to Offset National Debt

30:43 The Independence of Central Banks

32:14 The Case for a European Gold Depository

36:44 Central Bank Digital Currencies: A Dystopian Future?

42:06 Public Influence on Gold Repatriation

43:25 Gold Market Dynamics and Central Bank Strategies

 44:43 Conclusion

https://www.youtube.com/watch?v=gw7Y2YoL0T4

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News, Rumors and Opinions Thursday 6-26-2025

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

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 26 June 2025

Compiled Thurs. 26 June 2025 12:01 am EST by Judy Byington

Wed. 25 June 2025: A global change has begun, but only behind closed doors and with the help of coordinated military forces. …Gesara Nesara on Telegram

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

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 26 June 2025

Compiled Thurs. 26 June 2025 12:01 am EST by Judy Byington

Wed. 25 June 2025: A global change has begun, but only behind closed doors and with the help of coordinated military forces. …Gesara Nesara on Telegram

A historic treaty has (allegedly) been signed by 209 countries to change the way the world does business. This isn’t a theory or a far-off dream; it’s happening right now. A full revaluation of the currency is (allegedly) happening, and a military operation is helping to make sure the transition to a sovereign monetary system is safe and smooth. What is the point? To bring back fairness, open up opportunities for growth, and break the centuries-old hold of centralized control over the world economy.

The currencies that have been kept low for a long time, such as the Iraqi Dinar, Vietnamese Dong, and Zimbabwe ZIM, are(allegedly)  being given new values that show their true worth. This change makes the world a fairer place and makes sure that countries that were once ignored are now on the same level as the world’s financial powers. The Prosperity Fund is a huge, pre-secured pool of money that will be used to pay for humanitarian missions, rebuild infrastructure that was damaged in war, and redistribute wealth around the world. Schools, hospitals, and clean water systems are no longer just dreams for the farthest corners of the Earth. They are fully funded realities, with the signatures of 209 independent states behind them.

This isn’t just about money. It’s about fairness. The “Share the Wealth” program makes sure that everyone benefits directly from this change. No country is left out. No one is left out. This plan includes the Stellar Network, which gives billions of people who have been denied access to banking. Now, remote villages, rural settlements, and forgotten communities are all connected to the world’s most advanced financial infrastructure, which is safe from hacking and other forms of manipulation.

The main thing that has changed is military precision. The revaluation (RV) process is(allegedly)  not being left to chance. Allied military units have been sent around the world to protect data centers, currency exchanges, and the safe distribution of new value systems. These operations include simulations, cyber-defense protocols, and working with other countries’ treasuries to make sure everything is clear and there is no fraud. The goal is clear: keep the transition going smoothly, avoid a crash, and safely lead the world into a new financial reality.

The outcome is a financial order that comes after the cabal. A world where a country’s worth isn’t based on who owns its debt, but on its people, resources, and goals. The Dinar’s new value will help Iraq grow. Vietnam’s newly balanced Dong will make it an economic leader in Asia. Zimbabwe is ready to grow its agricultural and mineral wealth now that the ZIM has been restored and inflation and globalist sabotage are no longer a problem. These aren’t guesses. These are actions that are already happening, signed, sealed, and now happening with military help.

This isn’t the future. This is the present. A treaty has(allegedly)  been signed. A plan is being put into action. The big change in finance is real, and it belongs to the people. Each person. Each soul. The system that used to enslave the world with debt and inequality is being replaced by one based on honesty, fairness, and plenty. Have faith in the plan. The revaluation is more than just a currency event. It’s a wake-up call for the whole world.

~~~~~~~~~~~

Tues. 24 June 2025 Bruce:

On Mon. 23 June the rate on the Riel was over $3.

On Tues. 24 June Redemption Center screens showed 9 new rates as solid, with 15 more to go.

A Source said that on Thurs. 26 June “we would be smiling.” Several sources said in another couple of days we would be getting notification. Another source said we would be notified late Thursday 26 June.

As of Tues. evening 24 June Bond Holders were flying into Reno and say they will have access to their funds on Thurs. or Friday.

Redemption Centers have higher rates than if you exchange at a bank.

The Contract Rate on the Iraqi Dinar was in the mid $90.

NESARA should be announced and started by Fri. July 4.

Read full post here:   https://dinarchronicles.com/2025/06/26/restored-republic-via-a-gcr-update-as-of-june-26-2025/

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

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

Mnt Goat  I was told this situation [with Iran] needs to be resolved in one of two ways or a bit of both:  1.  change the regime in Iran  2.  institute banking reforms to cut off the dollars from Iran (already seen this action mostly implemented)...I am told the U.S. absolutely WILL NOT allow the reinstatement of the dinar while this Iranian situation continues. Let’s only pray this ends soon.

Militia Man  A lot of turmoil and it's been going on for...a couple years...The Middle East is very volatile...but...even during the turmoil you're seeing Iraq has been stable and staying out of the conflict which is really good...Even though this tension has been going for weeks Iraq has still maintained that she's opening for business...stable... has all the components for her economy to keep moving forward.  That still holds true today...

**********

FRANK26....6-25-25.....DIGITAL

https://www.youtube.com/watch?v=IJ1D-yGAaq0

IQD Included in Global Analysis Reports Currency Report

Edu Matrix:  6-25-2025

Explore the rising prominence of the Iraqi Dinar in today’s complex global currency landscape.

This detailed report examines Iraq’s strategic moves—like de-dollarization, banking reforms, and closer ties with China, Russia, and Iran—that are reshaping the Dinar’s role in long-term investment forecasts.

 As geopolitical tensions escalate, discover why gold and cryptocurrencies like Bitcoin are becoming essential safe-haven assets for savvy investors. Plus, learn why stable currencies such as the Swiss Franc and Japanese Yen remain strong choices, while emerging market currencies like the Vietnamese Dong and Iraqi Dinar attract long-term interest.

https://www.youtube.com/watch?v=VpWx3Nr_UNg

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Thursday Coffee with MarkZ. 06/26/2025

Thursday Coffee with MarkZ. 06/26/2025

Some highlights by PDK-Not verbatim

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

Member: Good Morning one and all.

Member: The song lyrics "What Are We Waiting For" has played in my head these last few days

Thursday Coffee with MarkZ. 06/26/2025

Some highlights by PDK-Not verbatim

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

Member: Good Morning one and all.

Member: The song lyrics "What Are We Waiting For" has played in my head these last few days

Member: Welcome home Mark- Any good RV or bond news today?

MZ: I have 2 bond contacts that I know personally and another that say they have been issued “traveling dollars” . They were told weeks ago to be prepared to travel as soon as they received those funds. They had been waiting for those funds and just received them…so for me….this is a good sign. I wish I knew what it meant for timing.

MZ: One of those sources started traveling today to get to their exchange location.

Member: Any news from bonds in Reno?

MZ: I do not have any news on bonds from Reno. Most of the bond news right now is coming from Europe, Asia and South America.

Member: will the war with Iran affect the RV?

MZ: I was told this war would affect the RV positively and it is now “off stuck”

Member: "The Prime Minister directs the acceleration of financing and disbursement of investment project dues." - (Not @ $1310!)

MZ: “ Sudanese advisor: The ceasefire agreement was a temporary relief for oil markets” oil prices right now are in the mid to upper 60’s. that’s what is needed for the Iraqi budget. The biggest markets in the world believe peace is holding in the middle east.

MZ: “Iraq faces a “Golden opportunity” after regional calm: Does he invest it?” this lays out all that Iraq stands to gain after this cease fire and peace in the region…... They mention this leads to “stability in the dinar rate” and that all they could gain with “enhancing exchange rates”

MZ: My contacts in Iraq told me the new legislative session happens in July and that there will be a new value on the dinar before that session starts. That is their expectation and fits with the other chatter we are hearing from the bond side and currency side.

MZ: Most of the chatter is for around July 1st…..we will see.

Member: July 1st is the deadline for all the banks worldwide to use Basel 3 laws. Maybe that is significant for the RV?

Member: And Iso2022 laws take affect around July 14th?   Big month for bank changes.

Member: Will you still post the 1-800. numbers for redemption centers?

Member: Mark said often that he will post everything he is allowed to post for us. So will all the dinar sites and other gurus……we won’t miss it.

Member: Friday is Islamic New Year. It's also on Friday, so there are no additional days off. Sunday, back to work.

Member: Praying they release RV by July 4th

Member: An RV for the 4th would be glorious and perfect time to enjoy fireworks

Member:  Happy Birthday to those celebrating and prayers for those in need

Member: Stay positive and stay safe……enjoy your day RV friends.

StacieZ joins the stream today. Please listen to the replay for her information

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

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

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

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

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

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL  TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=FSZXVFFqq-4

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Iraq Economic News and Points To Ponder Thursday Morning  6-26-25

With The Stability Trilogy, Monetary Policy Tames Inflation And Protects Citizens' Pockets.

Time: 2025/06/25 10:54:42 Reading: 795 times   {Economic: Al Furat News} The Prime Minister's financial advisor, Mazhar Muhammad Salih, confirmed that the monetary policy, whose objectives under the Iraqi Central Bank Law No. 56 of 2004 include reducing the growth in inflation rates to a stable path.

Speaking to Al Furat News Agency, he pointed out that "this policy was able to control demand levels and additional spending power in the economy, by sterilizing local liquidity by providing foreign currency at a stable official exchange rate for the dinar not exceeding 1,320 dinars per dollar, and on a scale that led to weakening the effects of the parallel market and reducing it to financing the country's foreign trade."

With The Stability Trilogy, Monetary Policy Tames Inflation And Protects Citizens' Pockets.

Time: 2025/06/25 10:54:42 Reading: 795 times   {Economic: Al Furat News} The Prime Minister's financial advisor, Mazhar Muhammad Salih, confirmed that the monetary policy, whose objectives under the Iraqi Central Bank Law No. 56 of 2004 include reducing the growth in inflation rates to a stable path.

Speaking to Al Furat News Agency, he pointed out that "this policy was able to control demand levels and additional spending power in the economy, by sterilizing local liquidity by providing foreign currency at a stable official exchange rate for the dinar not exceeding 1,320 dinars per dollar, and on a scale that led to weakening the effects of the parallel market and reducing it to financing the country's foreign trade."

Saleh explained that "this came as a result of the cancellation of the foreign currency window at the beginning of this year and the adoption of the principle of foreign exchange bolstering to finance the country's foreign trade, praising the successes of this shift in terms of financing speed and compliance."

He added, "The success of the price defense policy adopted by the trade policy contributed to the remarkable spread of central markets in cooperation with the private sector, which reflected in the price moderation of these market components in a competitive manner, ensuring the stability of essential goods for citizens and others."

He explained that "the three policies, in combination, have had a positive impact on economic policy in promoting stability in citizens' cash income, with remarkable success over the past two years, as annual inflation growth did not exceed 3%, which is within the normal acceptable range for estimating annual price base growth in the country."  LINK

Al-Araji Confirms To A US Official That The Iraqi Government Believes In Dialogue And Diplomacy To Resolve Outstanding Issues

Politics Number of reads: 266  Baghdad / NINA / National Security Adviser, Qasim Al-Araji, received on Wednesday the US Chargé d'Affaires in Baghdad, Stephen Fagin.

During the meeting, according to a statement by the advisory, they reviewed the regional situation and developments and welcomed the recent calm in the region.

Fagin praised the role of the Iraqi government and the measures taken by the security services to protect embassies and diplomatic missions, appreciating the role of the Iraqi security services and their high professionalism.

Fagin also praised the role of the Iraqi government in repatriating its citizens from Al-Hawl camp and rehabilitating them despite the circumstances the region is going through.

For his part, Al-Araji stressed that the Iraqi government believes in dialogue and resolving outstanding problems through dialogue and diplomacy, expressing the Iraqi government's welcome to the ceasefire, to restore stability to the region and the world.

Al-Araji pointed out that Iraq has good and balanced relations with all countries and has commonalities with neighboring countries, expressing his hope for establishing peace, stopping the war and lifting the siege on Gaza. /End  https://ninanews.com/Website/News/Details?Key=1237454

Central Bank Of Iraq: Foreign Exchange Reserves Sufficient To Cover 13 Months Of Imports

Money and Business  The Central Bank revealed on Wednesday that Iraq's foreign currency reserves are sufficient to cover 13 months of imports.

The bank said in a report that "import coverage is often viewed as a measure of the number of months that imports could be sustained if all foreign currency inflows were to cease," noting that "the global standard used is for reserves to cover all imports for six months."

He added, "The ratio of foreign reserves to imports has decreased from 16 months at the beginning of 2024 to 13 months at the beginning of 2025," indicating that "despite the decrease in the ratio, Iraq's reserves will still cover imports for 13 months if Iraq does not receive foreign currency revenues." https://economy-news.net/content.php?id=56631

With The Stock Exchange Closed, A New Price For The Dollar Was Announced In Baghdad And Erbil.

Stock Exchange  The US dollar exchange rate fell against the Iraqi dinar on Wednesday in Baghdad and Erbil as the stock exchange closed.

Exchange rates in Baghdad:  Selling rate: 142,250 dinars per $100.  Buying rate: 140,250 dinars per $100.

Exchange rates in Erbil:  Selling price: 141,000 dinars per $100.  Buying price: 140,950 dinars per $100.
https://economy-news.net/content.php?id=56637

After The Iran-Israel War, Global Oil Prices Recover

Economy | - 06/25/2025  Mawazine News - Oil prices rose on Wednesday as the ceasefire between Iran and Israel was assessed to be holding, but remained near multi-week lows amid prospects of uninterrupted crude flows.

Brent crude futures rose 85 cents, or 1.3 percent, to $67.99 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 87 cents, or 1.4 percent, to $65.24.

Brent and WTI settled on Tuesday at their lowest levels since June 10 and June 5, respectively, before Israel launched a surprise attack on key Iranian military and nuclear facilities on June 13.

Oil prices lost about $4 per barrel on Tuesday as the ceasefire between the two sides was announced. Overall, oil prices have lost $10 per barrel over the past two days. https://www.mawazin.net/Details.aspx?jimare=263050

Gold Prices Fall In Baghdad Markets And Stabilize In Erbil

Economic Number of readings: 136  Baghdad / NINA / The prices of foreign and Iraqi gold decreased on Wednesday in the local markets of the capital, Baghdad, and stabilized in Erbil.

The selling prices of gold, in the wholesale markets on Al-Naher Street in the capital, Baghdad, this morning, for one Mithqal of 21 karat Gulf, Turkish and European gold, were recorded at 660 thousand dinars, and the purchase price was 656 dinars.

The selling price of one Mithqal of 21 karat Iraqi gold was recorded at 630 thousand dinars, and the purchase price was 626 thousand.

As for the prices of gold in goldsmiths, the selling price of one Mithqal of 21 karat Gulf gold ranges between 660 thousand and 670 thousand, and the selling price of one Mithqal of Iraqi gold is between 630 thousand and 640 thousand dinars.

As for gold prices in Erbil, they recorded stability, as 22 karat gold was sold for 690 thousand dinars, 21 karat gold was sold for 660 thousand dinars, and 18 karat gold was sold for 565 thousand dinars. / End
https://ninanews.com/Website/News/Details?key=1237467

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

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