Seeds of Wisdom RV and Economic Updates Friday Morning 8-15-25

Good Morning Dinar Recaps,

Stablecoins Poised to Reshape U.S. Monetary Policy by 2030

New report projects $1 trillion annual payment volume and major impact on Treasury markets

A joint report from Keyrock and Bitso forecasts that stablecoins could reach $1 trillion in annual payment volume by 2030, representing 10% of the U.S. money supply and holding 25% of the U.S. Treasury bill market with a $2 trillion supply.

The research suggests stablecoins can process payments up to 13 times cheaper than traditional banks, with instant settlement, creating what it calls a “new financial operating system” that removes intermediaries and accelerates global value exchange.

Market Growth and Macroeconomic Impact

• Stablecoin market surged from $4 billion in 2020 to over $280 billion in 2025.

• Monthly settlements reached $1.39 trillion in the first half of 2025.

• Major issuers now rank 17th globally in U.S. Treasury holdings — ahead of South Korea, Germany, and Saudi Arabia.

• Stablecoin inflows can influence Treasury yields, making issuers active players in bond markets.

Evolving Payment Infrastructure

The report highlights the “stablecoin sandwich” model:

1. Fiat on-ramp

2. On-chain stablecoin transfer

3. Fiat off-ramp

This structure replaces correspondent banks with programmable, instant settlement bridges.
Other innovations include:

• Virtual USD accounts — mimic U.S. bank accounts but run on blockchain.

• Self-custody options reducing reliance on local banking.

• Proprietary stablecoins launched by major fintech firms to control payment networks.

Programmability and New Applications

Programmable stablecoins could enable:

• Trustless escrow

• Automated corporate liquidity management

• Real-time payroll

• IoT micropayments based on sensor data

FX Market Disruption

The $7.5 trillion daily foreign exchange market is a prime target:

• On-chain FX enables instant, risk-free settlement (T+0, 24/7).

• Could eliminate pre-funding inefficiencies that tie up $27 trillion in global bank accounts.

• Stablecoin-powered platforms achieve far higher capital turnover than traditional money transfer operators.

Regulatory Tensions

• U.S. banking associations warn that yield-bearing stablecoins could trigger $6.6 trillion in deposit outflows, destabilizing banks.

• Banks are lobbying for tighter GENIUS Act restrictions.

• Coinbase and PayPal continue to offer rewards programs, claiming they are not issuers.

Cross-Border Adoption

• Stablecoins projected to facilitate 12% of global cross-border flows by 2030.

• Visa partners with Yellow Card Financial for stablecoin payments in 20 African countries.

• Mastercard integrates Chainlink to enable crypto purchases for 3 billion cardholders.

Bottom line: Stablecoins are rapidly evolving from niche digital assets to a core component of global finance, with the potential to reshape U.S. monetary policy, disrupt the FX market, and challenge traditional banking models.

@ Newshounds News™

Source: Cryptonews

~~~~~~~~~

U.S. Treasury Reaffirms Plans for Strategic Bitcoin Reserve

Secretary Bessent walks back earlier remarks that rattled markets

U.S. Treasury Secretary Scott Bessent clarified Thursday that the department is still exploring budget-neutral ways to purchase Bitcoin for the nation’s Strategic Bitcoin Reserve — reversing comments made earlier in the day that had triggered a $55 billion market sell-off.

“Treasury is committed to exploring budget-neutral pathways to acquire more Bitcoin to expand the reserve, and to execute on the President’s promise to make the United States the ‘Bitcoin superpower of the world,’”
— Scott Bessent, via X

Bessent reiterated that Bitcoin forfeited to the federal government would remain the foundation of the reserve.

Market Impact

• Initial FOX Business interview was interpreted as Treasury abandoning Bitcoin purchases.

• Within 40 minutes, Bitcoin’s price fell from $121,073 to $118,886.

• Clarification later in the day eased concerns, but Bitcoin remained near $118,500.

Ongoing Strategy & Delays

• Strategic Bitcoin Reserve established by Executive Order (March 6), alongside a Digital Asset Stockpile.

• Reserve currently relies on seized crypto assets from criminal cases.

• Additional purchases require budget-neutral funding — meaning no extra taxpayer cost.

• Proposed funding ideas include:

• Reevaluating Treasury’s gold certificates.

• Using tariff revenue.

• Treasury has been in the “exploration” phase for five months, frustrating some industry leaders.

Criticism from the Crypto Sector

• Bitcoin mining firm Braiins CEO Eli Nagar criticized the slow pace:

“At some point, exploration without execution starts to look like avoidance.”

• Concerns persist that other nations could front-run U.S. Bitcoin accumulation.

Congressional Role

• Treasury may need Congressional approval for budget-neutral Bitcoin purchases.

• Sen. Cynthia Lummis urged lawmakers to advance her BITCOIN Act to facilitate the process.

No Plans to Sell

• Bessent confirmed that U.S. will stop selling its Bitcoin holdings.

• Estimated current holdings:

• 198,012 BTC (BitBo data).

• Valued between $15B–$23.5B depending on market price.

Bottom line: Despite market confusion, the Treasury’s Bitcoin strategy remains intact but slow-moving, with political hurdles and funding mechanics still unresolved. The U.S. remains one of the largest national holders of Bitcoin — but the pace of accumulation may determine whether it can meet its goal of becoming the world’s Bitcoin superpower.

@ Newshounds News™
Source: Cointelegraph

~~~~~~~~~

Ripple CTO Says XRP Ledger Ready to Power the Future of Global Financial Infrastructure

Ripple CTO David Schwartz says the XRP Ledger (XRPL) is fully equipped to serve as a cornerstone of global financial systems, noting that Ripple has been building toward this vision for over 13 years.

In a detailed post on X, Schwartz addressed the recent wave of stablecoin and payment companies launching their own blockchains, viewing it as confirmation that blockchain has become essential to financial infrastructure. He stressed that while launching a blockchain is challenging, building a trusted ecosystem with liquidity, real-world adoption, and active developers is even harder — an area where XRPL has a long-standing advantage.

Key Differences and Advantages of XRPL

• Unlike some blockchains that use permissioned validators — placing control in a few hands — XRPL is public and permissionless by default, offering greater resilience and global reach.

• The network also supports optional permissioned features for regulated, compliance-driven use cases.

• Low, predictable transaction fees with no separate gas token; transactions are paid in XRP, which also acts as a bridge asset for cross-border payments.

Influence on Newer Chains
Schwartz noted that newer blockchains are beginning to adopt XRPL-inspired features such as deterministic finality and the Proof-of-Authority (PoA) consensus mechanism, which ensure predictable and reliable settlement — key for institutional financial applications.

Looking Ahead
The Ripple CTO anticipates upcoming XRPL upgrades will enhance programmability, expand liquidity, and add compliance-grade capabilities for institutions. He welcomed new blockchain developers to “the party,” framing the industry’s rapid expansion as a positive sign of mainstream adoption.

@ Newshounds News™
Source: The Crypto Basic

~~~~~~~~~

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“Tidbits From TNT” Friday Morning 8-15-2025

TNT:

Tishwash:  Rafidain Bank signs an agreement with an American company in the field of financial consulting and oversight.

Rafidain Bank announced today, Friday, the signing of a professional partnership agreement with an American company in the field of financial consulting and oversight.

Rafidain Bank Director General Ali Karim Hussein Zahir Al-Fatlawi said in a statement published by the Iraqi Embassy in Washington, "In a new strategic step that reflects Iraq's growing financial standing on the international stage, the Iraqi Embassy in Washington witnessed the signing of a professional partnership agreement between Rafidain Bank and K2 Integrity, a global leader in financial and regulatory consulting."

He added that "the agreement includes providing a comprehensive package of services, including combating money laundering and terrorist financing, implementing compliance systems in line with international standards, and strengthening the regulatory infrastructure of Iraqi banks." He noted that "this cooperation is part of the Iraqi government's strategy to build a strong and transparent financial sector capable of keeping pace with global economic transformations and consolidating Iraq's position as a promising financial center in the region."

He explained that "this partnership represents a qualitative leap forward in the path of banking reform," noting that "the agreement will contribute to strengthening confidence in Iraqi banks and opening broader horizons for cooperation with correspondent banks around the world, supporting the government's goals of building a strong, transparent financial sector that is consistent with international best practices."

This signing comes as an extension of the government's approach to launching strategic projects that enhance Iraq's position as a promising financial center in the region, and consolidate its image as a country capable of keeping pace with global economic transformations with confidence and competence.  link

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Tishwash:  Development Plan 2024–2028: Iraq moves towards a productive economy with revenues exceeding 700 trillion dinars.

In one of the most significant economic transformations in recent years, the Iraqi government has begun implementing the National Development Plan for 2024–2028. The plan aims to transform the national economy by diversifying sources of income and reducing dependence on oil, while also addressing unemployment and boosting investment in vital sectors.

The plan, supported by a clear government vision and political will, includes profound structural reforms and precise performance indicators that are monitored periodically. This comes at a time when projected revenues are estimated at more than 710 trillion Iraqi dinars and investments exceeding 240 trillion dinars are required to achieve its goals.

While the Ministry of Planning emphasized the importance of capital allocation and investment in priority sectors, government agencies viewed the plan as a true economic lever, while economic experts considered it one of the most realistic and comprehensive plans for addressing Iraq's development challenges.

For his part, the Prime Minister's Advisor for Financial and Economic Affairs, Mazhar Mohammed Saleh, highlighted the importance of the five-year national development plan for the years 2024–2028.

Speaking to Al-Eqtisad News, Saleh emphasized that the five-year plan reflects a genuine national determination to achieve significant goals in economic progress and prosperity, noting that it relies on population census data to accurately and efficiently guide its implementation.

He added that the plan's fundamental objective is to implement profound structural reforms, transforming it from a mere written document into an economic lever capable of transforming the production and employment equation and transforming Iraq from a rentier economy to a productive and competitive one, provided it is managed efficiently as a comprehensive national mission.

The advisor pointed out that the success of the five-year plan requires a combination of institutional, financial, and executive components, most notably political will embodied in the government program, with direct support from senior leadership, which has worked to protect planning institutions from fluctuations.

He also stressed the importance of providing a binding legislative and regulatory framework to transform the plan into a law that defines objectives, resources, and responsible parties, in addition to ensuring sustainable and diversified funding consisting of oil revenues, private investments, and soft development loans.

Clear performance indicators and periodic monitoring

Saleh explained that the plan relies on precise governance and continuous monitoring based on key performance indicators (KPIs), which are reviewed semi-annually to ensure commitment and actual implementation of projects.

According to Al-Sudani's advisor, the most prominent targeted indicators include "annual GDP growth of no less than 5%, an unemployment rate of no more than 8% annually, an inflation rate of no more than 5%, and a petrochemical sector contribution of 5% to GDP."

He pointed to increasing oil production to 6 million barrels per day, utilizing associated gas by 90%, and increasing the contribution of non-oil sectors to more than 50% of national income. The plan also includes indicators related to the manufacturing, health, education, and infrastructure sectors.

Professional Management and Community Engagement

Saleh added that an important success factor is the formation of specialized implementation teams to manage projects according to international standards (PMI), without quotas or regional distribution. He emphasized the importance of civil society and private sector participation in formulating and implementing the plan, including chambers of commerce and industry and unions.

He concluded by stating that the five-year plan represents a fundamental pillar of sustainable development in Iraq, and requires concerted efforts and genuine national commitment to ensure its transformation into a tangible reality that is reflected in citizens' living standards and overall economic growth.

In addition, the Ministry of Planning announced that the total revenues expected to be achieved during the five-year development plan period (2024-2028) amount to approximately 710 trillion Iraqi dinars.

The ministry's official spokesperson, Abdul Zahra Al-Hindawi, told the official agency that the largest portion of these revenues will come from the oil sector, with oil revenues expected to reach approximately 631 trillion dinars, while non-oil revenues are estimated at approximately 79 trillion dinars.

Al-Hindawi added that the five-year plan estimated the volume of investments required to achieve the targeted economic growth rate of 4.24% during its implementation period at more than 241 trillion dinars.

Meanwhile, economic researcher Ali Daadoush asserted that the recently prepared five-year plan is one of the best studies to address the reality of the Iraqi economy, addressing key economic challenges and presenting future investment opportunities to advance the country's development.

In an interview with Al-Eqtisad News, Daadoush explained that the plan sets ambitious macroeconomic trends, most notably achieving a targeted growth rate of 5% to 6% on an annual average, in addition to targeting natural inflation, stabilizing the exchange rate, and reducing the general budget deficit.

He pointed out that the plan focused on productive sectors, particularly agriculture and food industries, by adopting modern irrigation systems and strategic crops with high water returns, and by establishing specialized logistics and manufacturing zones for dates, grains, poultry, and dairy products, with the aim of enhancing import substitution and increasing local added value.

According to Daadoush, the plan also addressed challenges in other sectors, such as the digital economy, payment systems, and financial sector reform, along with private sector development and increased employment opportunities. A "single window" approach was adopted to remove regulatory barriers (such as licenses, taxes, and industrial land allocation) within a period not exceeding 72 hours, in addition to linking technical education to the needs of priority sectors.

Regarding the components of the plan's success, the researcher stressed the importance of having clear governance and issuing a playbook for projects that includes the stages of selection, financing, implementation, monitoring, and evaluation, in addition to shifting from item budgets to program and performance budgets, so that each plan includes a program with performance indicators, a direct supervisor, a specific budget, and clear outputs.

Daadoush concluded his remarks by emphasizing the need to enact a law mandating the implementation of the national plan, in conjunction with the general budget and the government program. He considered this tripartite integration to be the cornerstone of sustainable development in Iraq.

The Ministry of Planning believes that the largest share of capital formation will be allocated to the oil sector, at 27.4%, followed by the housing ownership sector, at 22.5%, and then social development services, at 20.8%.

She pointed out that "the water and electricity sector will constitute 8.6% of the total planned capital formation, while the manufacturing sector's share will be approximately 7.8%  link

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

Mot:  Yeppers!! - ole ""Mot"" dids it Again!!!!

Mot:  Here We Go Again !!!!!! 

FRANK26…..8-14-25…..ALOHA…DIGITAL

KTFA

Thursday Night Video

FRANK26…..8-14-25…..ALOHA…DIGITAL

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

https://www.youtube.com/watch?v=F9DbCkB4IDE

Iraq Economic News and Points To Ponder Thursday Afternoon 8-14-25

Iraqi Banks Are Under Liquidation, And The Central Bank Remains Silent. 
 
August 14, 2025 Last updated: August 14, 2025  Al-Mustaqilla/- The Governor of the Central Bank of Iraq recently revealed that  10 Iraqi banks are facing liquidation  due to their inability to fully provide services to customers.
 
In addition, some banks are facing sanctions that prevent them from dealing in US dollars.

Despite the governor's announcement, the Central Bank has yet to publish an official list of these banks on its website,  raising questions about why this information has not been disclosed to customers and relevant authorities.
 
An informed source confirmed that the number of banks subject to liquidation may increase in the coming days,  given the    ongoing financial pressures and    operational difficulties facing some banking institutions.
 
This development comes at a time when the  Central Bank is seeking to  enhance financial stability and protect customer funds, but it faces significant challenges in enforcing  transparency and accountability for struggling banks.
 
Analysts suggest that not announcing the names of the banks may be aimed at   avoiding customer panic or    speculation on deposits, but it also   raises investor concerns and   raises questions about the effectiveness of banking oversight in Iraq.
 
As these developments continue, citizens and customers await a detailed official statement from the Central Bank  revealing the names of the affected banks and the measures taken to guarantee depositors' rights.      https://mustaqila.com/10-مصارف-عراقية-تحت-التصفية-والبنك-المر/   

Compared To Last Year, Expert: Non-Oil Revenues Declined By 43.6%

Economy | - 08/14/2025  Mawazine News - Baghdad -  Economic expert Nabil Al-Marsoumi revealed on Thursday that non-oil revenues in Iraq declined during the first half of 2025, reaching 4.951 trillion dinars, compared to 7.118 trillion dinars in the same period last year, a decrease of 2.167 trillion dinars, or 43.6%.

Al-Marsoumi said in a post on his Facebook account, followed by Mawazine News, that "this decline is the result of lower revenues from income and wealth taxes and fees," noting that "planned non-oil revenues in the three-year budget amounted to 27 trillion dinars, which means a large gap between planned and actual revenues by the end of the year, which will lead to an increase in the actual deficit in the general budget."

He added that "the data showed a decline in the contribution of non-oil revenues to general revenues to only 8%, compared to 11% in the first half of 2024, a percentage far from the government's target of 20%."   https://www.mawazin.net/Details.aspx?jimare=265088

Why Have Non-Oil Revenues Declined In Iraq? Nabil Al-Marsoumi Answers.
 
August 14, 2025  Baghdad/Iraq Observer  Economist Nabil Al-Marsoumi explained the  decline in non-oil revenues in Iraq during the first half of 2025,  after recording a modest figure of 4.951 trillion dinars, compared to 7.118 trillion dinars in the first half of last year,    a decrease of 2.167 trillion dinars, or a decrease of 43.6%.

He attributed this decline to a decline in revenues from income and wealth taxes and fees. 
He explained in a post on his Facebook account that planned revenues in the three-year budget amounted to 27 trillion dinars, and therefore the gap between planned and actual non-oil revenues will be large at the end of the year,   thus increasing the actual deficit in the general budget. 

He stressed that this decline in non-oil revenues led to a decrease in their contribution to public revenues to only 8%, while they contributed 11% during the same period in 2024. This percentage is far from the target number in the government program, which is 20%.    https://observeriraq.net/لماذا-تراجعت-الإيرادات-غير-النفطية-في/   

Development Plan 2024–2028: Iraq Moves Towards A Productive Economy With Revenues Exceeding 700 Trillion Dinars

Reports  Economy News – Baghdad  In one of the most significant economic transformations in recent years, the Iraqi government has begun implementing the National Development Plan for 2024–2028. The plan aims to transform the national economy by diversifying sources of income and reducing dependence on oil, while also addressing unemployment and boosting investment in vital sectors.

The plan, supported by a clear government vision and political will, includes profound structural reforms and precise performance indicators that are monitored periodically. This comes at a time when projected revenues are estimated at more than 710 trillion Iraqi dinars and investments exceeding 240 trillion dinars are required to achieve its goals.

While the Ministry of Planning emphasized the importance of capital allocation and investment in priority sectors, government agencies viewed the plan as a true economic lever, while economic experts considered it one of the most realistic and comprehensive plans for addressing Iraq's development challenges.

For his part, the Prime Minister's Advisor for Financial and Economic Affairs, Mazhar Mohammed Saleh, highlighted the importance of the five-year national development plan for the years 2024–2028.

Speaking to Al-Eqtisad News, Saleh emphasized that the five-year plan reflects a genuine national determination to achieve significant goals in economic progress and prosperity, noting that it relies on population census data to accurately and efficiently guide its implementation.

He added that the plan's fundamental objective is to implement profound structural reforms, transforming it from a mere written document into an economic lever capable of transforming the production and employment equation and transforming Iraq from a rentier economy to a productive and competitive one, provided it is managed efficiently as a comprehensive national mission.

The advisor pointed out that the success of the five-year plan requires a combination of institutional, financial, and executive components, most notably political will embodied in the government program, with direct support from senior leadership, which has worked to protect planning institutions from fluctuations.

He also stressed the importance of providing a binding legislative and regulatory framework to transform the plan into a law that defines objectives, resources, and responsible parties, in addition to ensuring sustainable and diversified funding consisting of oil revenues, private investments, and soft development loans.

Clear performance indicators and periodic monitoring

Saleh explained that the plan relies on precise governance and continuous monitoring based on key performance indicators (KPIs), which are reviewed semi-annually to ensure commitment and actual implementation of projects.

According to Al-Sudani's advisor, the most prominent targeted indicators include "annual GDP growth of no less than 5%, an unemployment rate of no more than 8% annually, an inflation rate of no more than 5%, and a petrochemical sector contribution of 5% to GDP."

He pointed to increasing oil production to 6 million barrels per day, utilizing associated gas by 90%, and increasing the contribution of non-oil sectors to more than 50% of national income. The plan also includes indicators related to the manufacturing, health, education, and infrastructure sectors.

Professional Management and Community Engagement

Saleh added that an important success factor is the formation of specialized implementation teams to manage projects according to international standards (PMI), without quotas or regional distribution. He emphasized the importance of civil society and private sector participation in formulating and implementing the plan, including chambers of commerce and industry and unions.

He concluded by stating that the five-year plan represents a fundamental pillar of sustainable development in Iraq, and requires concerted efforts and genuine national commitment to ensure its transformation into a tangible reality that is reflected in citizens' living standards and overall economic growth.

In addition, the Ministry of Planning announced that the total revenues expected to be achieved during the five-year development plan period (2024-2028) amount to approximately 710 trillion Iraqi dinars.

The ministry's official spokesperson, Abdul Zahra Al-Hindawi, told the official agency that the largest portion of these revenues will come from the oil sector, with oil revenues expected to reach approximately 631 trillion dinars, while non-oil revenues are estimated at approximately 79 trillion dinars.

Al-Hindawi added that the five-year plan estimated the volume of investments required to achieve the targeted economic growth rate of 4.24% during its implementation period at more than 241 trillion dinars.

Meanwhile, economic researcher Ali Daadoush asserted that the recently prepared five-year plan is one of the best studies to address the reality of the Iraqi economy, addressing key economic challenges and presenting future investment opportunities to advance the country's development.

In an interview with Al-Eqtisad News, Daadoush explained that the plan sets ambitious macroeconomic trends, most notably achieving a targeted growth rate of 5% to 6% on an annual average, in addition to targeting natural inflation, stabilizing the exchange rate, and reducing the general budget deficit.

He pointed out that the plan focused on productive sectors, particularly agriculture and food industries, by adopting modern irrigation systems and strategic crops with high water returns, and by establishing specialized logistics and manufacturing zones for dates, grains, poultry, and dairy products, with the aim of enhancing import substitution and increasing local added value.

According to Daadoush, the plan also addressed challenges in other sectors, such as the digital economy, payment systems, and financial sector reform, along with private sector development and increased employment opportunities.

A "single window" approach was adopted to remove regulatory barriers (such as licenses, taxes, and industrial land allocation) within a period not exceeding 72 hours, in addition to linking technical education to the needs of priority sectors.

Regarding the components of the plan's success, the researcher stressed the importance of having clear governance and issuing a playbook for projects that includes the stages of selection, financing, implementation, monitoring, and evaluation, in addition to shifting from item budgets to program and performance budgets, so that each plan includes a program with performance indicators, a direct supervisor, a specific budget, and clear outputs.

Daadoush concluded his remarks by emphasizing the need to enact a law mandating the implementation of the national plan, in conjunction with the general budget and the government program. He considered this tripartite integration to be the cornerstone of sustainable development in Iraq.

The Ministry of Planning believes that the largest share of capital formation will be allocated to the oil sector, at 27.4%, followed by the housing ownership sector, at 22.5%, and then social development services, at 20.8%.

She pointed out that "the water and electricity sector will constitute 8.6% of the total planned capital formation, while the manufacturing sector's share will be approximately 7.8%." https://economy-news.net/content.php?id=58786

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

8 Smart Ways Frugal People Are Living Like There’s Already a Recession

8 Smart Ways Frugal People Are Living Like There’s Already a Recession

July 17, 2025 Written by Emily Fowler Saving Money / Budgeting

Fears of a recession are growing louder, and many people aren’t waiting for an official announcement to make changes. Rising prices on essentials like rent, food and healthcare are already forcing tough choices, and these workers are finding ways to survive economic uncertainty long before a downturn becomes official.

According to a study from Lance Surety Bonds, people are slashing spending, picking up extra work and moving to cheaper locations to stay ahead of rising costs. Their strategies show what it really takes to recession-proof a household when paychecks can’t keep up with inflation.

Cutting Personal Spending

More than half of frontline workers (58%) have cut personal spending to the bone. Eliminating non-essential expenses is a recommended first line of defense when paychecks don’t stretch like they used to.

Picking Up Side Hustles

More than half are bringing in extra income through side gigs. They’re not alone; 41% of U.S. consumers now have supplemental income streams, according to PYMNTS, as people try to close the gap between wages and cost of living.

Dipping Into Savings Early

To read more:  https://www.gobankingrates.com/saving-money/budgeting/smart-ways-frugal-people-living-already-recession/?hyperlink_type=manual

Economist’s “News and Views” 8-14-2025

FED Prepares Gold Revaluation as Debt Crisis Escalates

Taylor Kenny:  8-14-2025

The Federal Reserve is quietly preparing for a potential U.S. gold revaluation-a move that could instantly rewrite the value of America’s gold reserves, devalue the dollar, and shake the global monetary system to its core.

We are entering the final stages of the dollar’s life cycle. The question isn’t if the system changes-it’s how soon.

CHAPTERS:

0:00 Fed Confirms Gold Revaluation

1:28 From WWII Spending to Today’s Structural Debt

3:43 1933 Confiscation & Dollar Devaluation

 6:33 Clues of a Shift to Physical Gold

7:56 Dollar Weaponization

 9:49 Gold Thrives in Currency Collapse

11:36 Why NOW is the Time to Own Gold

 12:56 The Dollar’s Future is Grim

https://www.youtube.com/watch?v=zeFbmAH9SiA

U.S. Debt Soars Past $37 Trillion, Years Before Expected, “Massive” QE Coming

Daniela Cambone:  8-13-2025

“We’re moving into another massive QE program,” warns Garrett Goggin, founder of Golden Portfolio and a leading gold and silver expert, in this exclusive conversation with Daniela Cambone.

Goggin sees a seismic shift ahead as the Treasury and the Fed work in lockstep to finance ballooning U.S. debt, driving rates lower and flooding the system with liquidity.

 “This is truly gold’s time,” he asserts, pointing to a historic setup where overpriced growth assets give way to deeply undervalued cyclical plays like gold miners — some trading at up to a 70% discount to fair value.

 With major producers “gushing cash” and retail investor exposure to gold still near decade lows, Goggin believes the sector is primed for a powerful revaluation.

 “When Buffett can’t find value in growth, he’ll come for the miners,” he adds, emphasizing that record debt, political spending, and a weakening dollar are “the perfect storm” for gold and silver to go ballistic.

Chapters:

00:00 – Ray Dalio’s bold gold call

04:20 – Why Buffett could be targeting miners

05:30 – Why miners avoid hedging

09:58 – Gold and silver’s bullish momentum

12:50 – The coming wave of massive QE

https://www.youtube.com/watch?v=JL_v9-rRmbo

Ariel: Key Word “Pilot Revaluation”

Ariel: Key Word “Pilot Revaluation”

8-14-2025

“Pilot Revaluation” (Key Word)

Assuming you all didn’t know what this means is probably causing the confusion.

This is a trial phase. Where they can still come out with a rate before Q4 is over to test the waters. This would be for the people who wants to exchange a little just to cover bills. 1:1 so to speak.

This notion posits that the Central Bank of Iraq (CBI) might implement a preliminary revaluation potentially increasing the dinar’s value in a controlled manner before a broader rollout.

Such a phase could involve testing the new rate in select domestic or regional markets, with restrictions on trading volumes, capital flows, or international access to mitigate economic shocks like inflation or speculative bubbles.

They will choose what market is comfortable for them. But we know they have enough gold to reduce or eliminate any possibility of inflation. Which is why the announcement by the Federal Reserve is important when they spoke on a gold revaluation.

Again Iraq moves when America moves. When the Ripple-SEC case was over what did we see from Iraq? Cryptocurrency legislation.

Guess what?

This will also be the case once gold revalues. And they will get to adjust the price on the 130 tons of precious metals they have which will be used to support the Iraqi Dinar. All of this can happen this year. Full implementation can begin 1st qtr for Iraq in 2026.

They haven’t been on the International market in decades. We can’t push them off into the deep end of the pool without some safety gear on if it’s their 1st time swimming. They can start off in the shallow part of the pool 1st. They feel more in control there.

This trial phase can last a weeks, or a couple of months. I just know they are definitely positioned.

Source(s):  https://x.com/Prolotario1/status/1955684618683744583

https://dinarchronicles.com/2025/08/14/ariel-prolotario1-key-word-pilot-revaluation/

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 8-14-25

Good Afternoon Dinar Recaps,

Washington Extends 90-Day Trade Truce With Beijing

The United States has extended the 90-day tariff truce with China, with President Biden signing a decree on August 11 to set a new deadline of November 10. While the extension prevents an automatic increase in customs duties, existing surcharges remain in place. This move provides more time for both sides to continue negotiations.

Washington and Beijing extend the 90-day trade truce until November 10, maintaining current surcharges

• Gold remains exempt from taxes, but other surcharges stay in effect

• Discussions continue, with the U.S. pushing for more Chinese purchases of agricultural products

Content and Scope of the Extension

On August 11, the United States officially announced, via presidential decree, the 90-day extension of the trade truce. The suspension of tariff hikes will now last until November 10.

This measure halts planned increases that were set to take effect at the original deadline and keeps current tariff rates unchanged:

• 30% on Chinese imports

• 10% on American exports

The move builds on the May agreement reached in Geneva, which initially implemented a 90-day pause in tariff escalation.

China’s state news agency, Xinhua, confirmed that Beijing will apply the same extension, aligning its trade position with Washington. Both sides will continue using the dialogue framework set up in the spring, which has helped freeze tariff increases while keeping pressure on unresolved issues.

Importantly, no changes have been made to the existing tariff framework, offering short-term commercial stability.

Negotiations and Market Impact

Since May, multiple rounds of talks have taken place in Geneva, London, and Stockholm. U.S. officials note that China has taken “significant steps” toward addressing American economic and national security concerns. Negotiations remain constructive, though the U.S. is pressing for concrete concessions, especially in agricultural trade — with soybeans as a top priority.

Beijing has signaled its desire for a “positive outcome based on equality and mutual benefit.”

The extension provides businesses and markets with temporary clarity. Importers and exporters can plan operations under the current tariff structure until November 10, reducing uncertainty in the short term.

The U.S. decision to keep gold exempt from new duties has eased investor concerns, stabilizing gold prices after speculation about possible taxation.

However, other surcharges — including those on steel, aluminum, and select industrial goods — remain in place. If no agreement is reached by November 10, new tariffs could be implemented, forcing companies to prepare for multiple trade scenarios.

@ Newshounds News™
Source: Cointribune

~~~~~~~~~

De-Dollarization Accelerates: Russia, China & India Embrace Crypto for Oil Trade

A new chapter in global energy commerce is unfolding as Russia, China, and India abandon U.S. dollar payments in favor of cryptocurrency settlements for oil transactions. This shift—driven by sanctions pressure and technological innovation—marks a significant step in the BRICS de-dollarization strategy, reshaping both trade mechanics and global finance.

A New Payment Architecture

Russia has developed blockchain-based payment systems enabling energy exports to be settled in Bitcoin, Ethereum, and Tether (USDT).

• Buyers convert local currencies such as Chinese yuan or Indian rupees into crypto.

• Payments bypass the SWIFT banking network, reaching Russian exporters directly.

• The approach is already being applied in an “experimental regime” for a portion of Russia’s $192 billion in annual energy exports.

Russian Finance Minister Anton Siluanov confirmed:

“It is possible to use bitcoins mined here in Russia for foreign trade transactions. Such transactions are already occurring… they should be expanded and developed further.”

Strategic Consequences for Global Finance

• Petrodollar Erosion – Moving oil trade away from USD undermines the traditional dollar-dominated settlement system.

• Sanctions Workarounds – Direct crypto payments weaken U.S. control over energy trade flows.

• Blockchain Integration Pressure – Global finance may need to adapt to crypto-native settlement rails.

This model could evolve into blockchain-native commodity platforms, where tokenized physical assets—like oil—are traded entirely on-chain.

Risks & Challenges

Despite its potential, the crypto oil trade carries:

• Price volatility in crypto assets.

• Regulatory fragmentation and legal uncertainty.

• Cybersecurity threats to large-value international transfers.

A Precedent for Future Energy Commerce

If successful, the Russia-China-India crypto oil trade could inspire other nations to adopt non-dollar settlement models, accelerating the transition toward multi-currency, blockchain-powered energy markets—and marking one of the sharpest challenges yet to U.S. financial dominance.

@ Newshounds News™
Source: Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Thank you Dinar Recaps

4 Recession-Proof Money Habits for 2025 and Beyond

4 Recession-Proof Money Habits for 2025 and Beyond

John Csiszar  Tue, August 12, 2025  GOBankingRates

No matter what the state of the economy is, it seems there’s always talk of a looming recession ahead. And recessions are indeed a normal part of the business cycle, and it’s highly unlikely they’ll ever go away.

But in reality, recessions normally occur many years apart, with the economy often growing a decade or more between contractions. According to data from the National Bureau of Economic Research, for example, there have only been six recessions since 1980, a span of 45 years.

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

That being said, there hasn’t been a major recession in 16 years, not counting the shortest recession on record that occurred at the onset of the coronavirus pandemic. With high interest rates, markets at peak valuations and prices on everything from groceries to cars remaining elevated, it could be a good time to implement some recession-proof money habits in 2025.

Best of all, these sound financial practices will also help you preserve and grow your wealth even if a recession never comes.

Build Your Life Around Having Excess Cash

When it comes to staying out of trouble financially, cash flow is king. No matter how much money you earn, if you spend all of it, you’ll never be financially secure.

This is why financial advisors always caution about lifestyle creep. If your income jumps from $50,000 to $60,000 per year, for example, it’s extremely common for your spending to increase by $10,000 per year also. Resist the temptation to spend every last dollar you earn or else you’ll always live paycheck to paycheck.

What are some ways to accomplish this? Setting aside money for savings and investments before you even pay your bills is a great way to build long-term wealth while learning to live beneath your means. Paying off high-interest credit card debt — or never getting into debt in the first place — is a great way to get a handle on your finances and free up your cash flow.

Stock Your Emergency Fund

TO READ MORE:  https://www.yahoo.com/finance/news/4-recession-proof-money-habits-125816895.html

“Tidbits From TNT” Thursday 8-14-2025

TNT:

Tishwash:  The Governor of the Central Bank of Iraq meets with the International Finance Corporation's representative in Iraq.

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, met with Mr. Bilal Al-Saghir, the Resident Representative of the International Finance Corporation (IFC) in Iraq.

During the meeting, they discussed strengthening bilateral relations between the Central Bank of Iraq and the IFC and the importance of cooperation between the two parties, particularly in the field of training banking personnel in Iraq. The two parties intend to sign a memorandum of understanding in this regard in the coming period.

His Excellency the Governor discussed the proposal to establish a leasing company with local and foreign participation. This is a financial system used to provide financing to projects and individuals without the need to directly purchase assets such as machinery and industrial equipment, vehicles, offices, and warehouses. This proposal supports emerging projects and small and medium-sized enterprises seeking easy and flexible financing.

The two parties discussed the importance of implementing the banking reform plan being implemented by the Central Bank of Iraq with the assistance of Oliver Wyman, within international standards that will enhance the soundness of the banking sector internationally and restore the ability of a group of Iraqi banks to conduct international transactions.
 
Central Bank of Iraq
Media Office
August 13, 2025  link

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

Tishwash:  Iraq and Turkey agree to form a joint customs committee to enhance trade cooperation.

Iraq and Turkey agreed on Wednesday to form the Iraqi-Turkish Joint Customs Committee, as part of strengthening cooperation between the two countries' customs authorities. This will contribute to developing trade relations and facilitating the movement of goods across border crossings.

A statement issued by the Iraqi Embassy in Ankara stated that "the agreement came during a meeting held in the Turkish capital, Ankara, chaired by Sami Abdul-Hussein Radhi, Advisor to the Prime Minister of Iraq for Border Ports, Customs and Transport Affairs, and Sezai Oçarmak, Deputy Minister of Trade of Turkey. The two sides discussed mechanisms for raising the efficiency of work at border gates and developing customs cooperation."

The meeting, according to the statement, addressed "ways to facilitate trade flows, increase the capacity of ports, and support infrastructure projects related to bilateral trade and transit."

The two sides affirmed their "keenness to raise the volume of trade exchange to $30 billion, enhance joint investments, and expand areas of cooperation through the Development Road project and the establishment of new customs ports."  link

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

Tishwash:  Al-Sudani: Iraq's investments exceeded $100 billion in two years. 

Prime Minister Mohammed Shia al-Sudani confirmed on Wednesday that Iraq's investments in two years have exceeded $100 billion.

The Prime Minister's media office said in a statement that "Prime Minister Mohammed Shia al-Sudani received, on Wednesday, representatives of the coalition of six companies that have applied to rehabilitate, develop and operate Baghdad International Airport, in the presence of representatives of the International Finance Corporation (IFC), which is advising the Ministry of Transport on the project."

The Prime Minister blessed "the holding of the conference to review the projects of the IFC, which is an important partner with Iraq in joint work and the implementation of many projects in various stations and sectors," appreciating "its efforts in completing the work in a manner befitting Baghdad International Airport, given its importance to Iraq, which is witnessing a state of recovery, stability, development and reconstruction movement in all governorates."
He stressed that "Iraq's distinguished geographical location has prompted us to invest in air transport, aircraft transit and service to passengers," noting "the existence of many government projects in this field."

He stressed that "Iraq is currently attracting significant Arab and foreign investments in various sectors, exceeding $100 billion over the two years of the government's term." He explained that "Baghdad Airport is a showcase for the capital, and must receive the necessary rehabilitation and development, as well as management that provides services and generates revenues."

He indicated that "there is a real and clear opportunity to increase the number of passengers from abroad to Baghdad," pointing to "the need to reconsider the management style of the government sector, in airports and most sectors."

He stressed that "the opportunity is available at Baghdad Airport, and at the airports of Najaf, Basra, Nasiriyah and Mosul, and we have chosen successful experiences in the region for managing and operating airports," noting that "we have contracted with the International Finance Corporation (IFC) to work as a specialized advisory body to prepare the investment portfolio for the development and operation of Baghdad Airport."

The Prime Minister welcomed "all Arab and foreign companies in Iraq, as a message that it is a safe and attractive environment for investment," noting that "the government will provide support, assistance and all facilities for the companies' work."

He explained that "the project to rehabilitate, develop and operate Baghdad Airport is based on a desire to find the best coalition, company or investor that can provide a successful model for the airport."  link

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

Mot:  Big plans today !!!!!

Mot: Don't Worry!!! -- It's a Scottish Thingy!!! 

Coffee with MarkZ and Mr. Cottrell. 08/14/2025

Coffee with MarkZ and Mr. Cottrell. 08/14/2025

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:  Hi Mark and Mods, Good Morning!

Member: Are we there yet?

Member: Tomorrow is the anniversary of Nixon taking us off the gold standard!!!

Member: MM had some very good articles in his video… it’s looking very positive by end of the month with the banks Mark!!!

Member: Mark it feels like news articles are hopping but still feels like everything is moving slowlyyyy. What gives?!

MZ: “ Baghdad-Kurdistan agree to resume oil exports under a special mechanism” They finally signed it….they put ink to paper. This is a big one

MZ: “ Iraq to export oil to Syria”  This is important. They are building another pipeline for even more output. They are positioning for an extreme change in revenue.

Member: Always lots of talk with no action….come on Iraq!!!!

MZ: “CBI discusses banking reform  plan with Oliver Wyman”   I believe they are on a limited time period – less than 20 days to get things done. They are linking the Iraqi compliant banks with the international world. We were told when they entered the international world they would have an international currency. And we expect a higher value.

Member: Frank has talked a lot about Mr. Wyman this week,  He is excited

Member: Per Walking stick US gave Iraq 20 days and counting to start their monetary reforms

Member: Wonder when that countdown started???

Member: Question for you, as time has gone on. What currencies do you think will be in first basket?

MZ: The ones I am most confident in are Iraq, Vietnam and Indonesia

 Member: Last list we has is : 1. US 2. UK 3. Kuwait 4. Canada 5. Mexico 6. Russia 7. China 8. Venezuela 9. Iranian Rial 10. IRAQ 11. Indonesia Rupiah 12. Malaysia 13. Vietnamese 14. Brazil 15. Saudi Arabia 16. Qatar 17. United Arab Emirates 18. Turkey 19. Afghanistan possibly20. India 21. Libya 22. Japan23. Zimbabwe…hope its still true.

Member: Do you think the Venezuela Bolevar will hit at $.33

MZ: I have no idea…..we may be waiting until our exchange to finally know.

Member: I heard this rumor that the rv won’t happen until after Labor or around that timeframe. I’m really hoping and praying it’s before

Member: Nader says its time to be rich. 

Member: No bond or banking news????

Member: I am not hearing any real chatter about timeframes for this to happen. It is almost too quiet. Maybe that a good thing?

MZ: No bond news today….Not for lack of trying but a lack of people willing to speak.

Member: We all pray they are under NDA’s and we are next.

MZ: Here is an interesting one for those of you to read between the lines https://eko.substack.com/p/between-the-lines

Member:  Please good guys end this epically long movie!

Member: Just keep having faith in the size of a mustard seed in God to get us through this.

Membere: I always thought that things would go pretty quiet before the shoe dropped

Member: Thank you Markz, Mr c, and wonderful mods

Mod:  FYI...NO PODCAST ON FRIDAY. NORMAL FOR SATURDAY, 12:00 PM EST PODCAST ON MONDAY! THANKS

Mr. Cottrell joins the stream today. Please listen to the replay for his information and opinions

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

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:

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.

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

News, Rumors and Opinions Thursday 8-14-2025

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. 14 August 2025

Compiled Thurs. 14 August 2025 12:01 am EST by Judy Byington

What We Think We Know as of Thurs. 14 August 2025:

Central Banking, Federal income tax and corporate tax will be ending with the now in motion Global Currency Reset of 209 sovereign nations whose gold/asset-backed currencies to trade at a 1:1 with each other.

Global Currency Reset:

Tues. 12 Aug. 2025 Report from Mr Salvage, leader of German Bastidas from the Pentecostal Group: has finally received the notification for delivery of the blessings he said that he is going to try to finish the project in one month. It means most of the people will be receiving the funds and also finish other projects. He gave thanks to God because he will finish, proud of himself and his projects.

Tues. 12 Aug. 2025: Majeed Says Iraqi Banks are Lining Up For GCR: https://x.com/majeed66224499/status/1955724424256364664?s=42

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Tues. 12 Aug. 2025 Bruce:

They are going to lift the veil of Intel at the end of tomorrow, Wed. 13 Aug.

Trump was doing a cleanup of 37 cities, which may take another few weeks or so.

A SS representative said there may be an increase in SS as early as Wed. 13 Aug.

There was an unannounced bank holiday in Iraq Mon-Wed.

There is a new rate on the Iraqi Dinar that is on the Iraq Stock Exchange.

Tier4b (Us, the Internet Group) could get notification for appointments the same day that the new dinar rate shows up on the Forex.

Money is moving into Bond Holder accounts, but they do not have access yet.

~~~~~~~~~~~~

Wed. 13 Aug. 2025 THE U.S. DEBT CLOCK JUST EXPOSED THE FUTURE OF THE FINANCIAL SYSTEM — TRUMP HOLDS THE KEY TO THE GOLDEN AGE …QFS on Telegram

The U.S. Debt Clock has quietly triggered one of the most significant alerts in modern economic history. Federal income tax and corporate tax have (allegedly) vanished from its display. Dogecoin and taxpayer savings now (allegedly) appear in their place. This isn’t a design tweak — it’s a signal. The old debt-based model is dying, replaced by a wealth-driven, asset-backed system that decentralizes control and returns financial sovereignty to the people.

President Trump’s strategy is no accident. Executive orders, crypto reserves, and blockchain integration have been positioned for years to dismantle the Federal Reserve/IRS complex and transition the U.S. toward a Treasury-issued, gold-backed dollar. This shift is powered by blockchain, AI, and quantum technology to create a fraud-proof, transparent financial structure — one free from inflationary fiat manipulation.

The Federal Reserve’s century-long control through debt slavery is (allegedly) collapsing. Globally, nations are breaking from Western central bank dominance, moving to real-asset-backed currencies and decentralized finance. Trump’s policies are accelerating America’s role as the center of this new economic order.

The new U.S. Treasury Dollar will be (allegedly) backed by tangible value — gold, silver, strategic resources — not promises. DeFi platforms and blockchain networks like the XRP Ledger and Axelar will provide instant, secure, borderless transactions, eliminating the middlemen who profited off your labor.

The age of centralized banking is ending. The question is not whether this will happen — it’s how prepared you are to live in a system where your wealth is self-custodied, tax-free, and inflation-proof. The U.S. Debt Clock has shown the roadmap. Trump is holding the keys. The Golden Age is no longer a distant idea — it’s forming in real time.

Read full post here:  https://dinarchronicles.com/2025/08/14/restored-republic-via-a-gcr-update-as-of-august-14-2025/

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

Frank26   All this talk about the monetary reform IMO is going to lead to the exposure of the exchange rate and the lower notes to you Iraqi citizens very soon.  This is very serious what is happening...  

Militia Man  Article: "The Prime Minister directs the completion of procedures for the first phase of the Development Road project, to be implemented soon."  With new countries coming into the picture the value of the development road project has apparently been doubled now. That is powerful! It was great to begin with and now it is even better! It is amazing to watch value go up. Just like the dinar will be amazing to be apart of.  

Sandy Ingram  Excellent news...found in the mainstream western media.  What this means is global investors are watching Iraq more closely than ever...This information is crucial and it's excellent good news for IQD investors...5-year development plan for 2024-2028 numbers are seriously eye popping... 710 trillion Iraqi dinars in total projected revenue.   That's roughly $542 billion...Oil revenues alone are expected to rake in about $482 billion of that.  What's really interesting is the $60 billion estimated from non-oil sectors...Iraq wants to break away from its heavy dependence on oil and build a stronger,  more balanced economy...What caught my eye is how this plan is making international headlines...Iraq is ready to step into a new  era of growth...If you're an investor looking for the next big opportunity, Iraq might just be the place to watch.  

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Gold Revaluation 'Has to Happen', Silver 'Catching Fire' as Big Money Piles In: Vince Lanci

Commodity Culture:  8-13-2025

Vince Lanci thinks the hand of government will be forced into gold revaluation and he breaks down how he sees it unfolding, its implications for the global economy, and what it could do to the US dollar and the gold market.

 Vince also sheds light on the specialty hedge funds that are starting to pile into the silver market and why he thinks the calls for triple digit silver prices aren't just silver stacker fantasies, they are a very real possibility.

00:00 Introduction

 01:20 Implications of the GENIUS Act

06:39 Impact on Financial Privacy

12:21 Geopolitical Instability and Gold

18:06 Gold Revaluation Will Happen

37:08 Big Money Piling Into Silver

52:49 China's Role in Gold Market

https://www.youtube.com/watch?v=JPTCFS57S2o

Iraq Economic News and Points To Ponder Late Wednesday Evening 8-13-25

Between Stifling Cash Flow And Lost Confidence, Iraq Faces A Banking Reform Battle To Save Its Economy.
 
Economy Yesterday, | 558  Baghdad Today – Baghdad   Financial and economic expert Ahmed Al-Tamimi stressed, on Wednesday (August 13, 2025), that  reforming the banking system in Iraq has become an urgent necessity  to address the deep structural challenges that hinder the growth of the national economy. 

Al-Tamimi told Baghdad Today that  "excessive reliance on cash transactions,weak digital infrastructure, and  limited financial inclusion have hindered private sector growth and limited opportunities for citizens,"  stressing that the required reform must be "radical and urgent."

 He explained that  the reform plan should include updating technological systems, strengthening banking oversight, developing anti-money laundering mechanisms, adopting global governance and transparency standards, and rebuilding trust between banks and the public,
describing this step as "the cornerstone of any successful reform." 

Al-Tamimi added, "Reforming the banking system is not a luxury, but an economic and security necessity.
 
It requires the government and the Central Bank, in coordination with international institutions,
to adopt a comprehensive vision to ensure the development of a banking sector capable of keeping pace with global developments and supporting economic development in the country."
 
Iraq's banking system has suffered for years from deep structural imbalances,
most notably its near-total reliance on cash transactions, weak digital infrastructure, and limited financial inclusion.
 
These have slowed private sector growth and reduced investment opportunities.
 
The trust gap between the public and banks has been exacerbated by  weak governance and transparency, the   absence of strict oversight, and the prevalence of phenomena such as
 money laundering and   financial corruption.
 
Economists believe that despite attempts by the Central Bank and the government to launch partial reforms, the lack of a comprehensive vision and effective coordination with international institutions has prevented tangible change.
 
This comes at a time when economic and security pressures are mounting, making banking sector reform a crucial step to keep pace with global developments and support the national economy.      https://baghdadtoday.news/280659-.html 

CBI Selects Oliver Wyman To Develop The Banking Reform Plan
 
Iraq  Amr Salem   August 13, 2025   315   The Central Bank of Iraq. Photo: AFP Baghdad (IraqiNews.com) – Officials from the Central Bank of Iraq (CBI) met on Tuesday with representatives from Oliver Wyman,   a global management consulting firm,  to discuss a banking reform proposal offered by the   Iraqi Private Banks League (IPBL) to  modernize Iraq’s banking industry and  align operations with worldwide practices.

The CBI mentioned in a statement that Governor Ali al-Alaq and a specialist team met with representatives from Oliver Wyman to review the details of the IPBL’s proposal,
     the state-run news agency (INA) reported.  Al-Alaq acknowledged that the
 
CBI had held an in-depth discussion during which participants indicated
     comprehension of the plan’s key aspects and
     how certain elements might be flexibly changed to enable implementation processes.
 
The strategy intends to stabilize the banking sector  so that it can function securely and effectively in accordance   with international norms and standards, as well as local legislation, while also strengthening   governance,  compliance, and  risk management.
 
The strategy also allows banks  to perform an economic role that promotes growth     while providing the most effective services possible.
 
The CBI noted that adopting the strategy will boost local and international trust in Iraq’s banking industry.    
   https://www.iraqinews.com/iraq/cbi-selects-oliver-wyman-to-develop-the-banking-reform-plan/  

Iraq And Its Economic Role
 
Economic 2025/08/12  Mohammed Hassan Al-Saedi   Iraq possesses significant economic potential that qualifies it to play a pivotal role in the region's economy.
 
However, this role has been fluctuating and declining over the past decades due to wars, corruption, and mismanagement.
 
Today, with regional and international transformations, attention is turning to Iraq as a potential economic player,capable of exerting influence not only through its geographic influence, but also through its wealth, human capital, and unique strategic location linking the Arabian Gulf, the Levant, Turkey, and Iran.
 
Natural resources are the foundation of this economic role, as Iraq ranks fifth in the world in terms of proven oil reserves.
 
Its oil exports are the primary source of national income, and Iraqi oil constitutes a fundamental element of regional energy security.

Several neighboring countries, such as Jordan and Turkey, rely on Iraqi oil,whether through pipelines or direct exports.
 
However, the Iraqi economy suffers from "rentierism," as it relies almost entirely on oil revenues,  making it vulnerable to fluctuations in global market prices and  limiting its ability to exert economic influence beyond this framework.
 
Despite Iraq's vast mineral, agricultural, water, and population resources,   weak investment and
 rampant corruption  have prevented these resources from being transformed into economic strengths.
 
Iraq's geographical location  represents a major gateway for trade and transit, and
     is one of the most significant elements of its potential economic strength.
 
It forms a natural corridor between the Gulf and the Levant, and
     possesses an important sea outlet to the Arabian Gulf via the port of Umm Qasr.
 
It could also become a major hub for regional land and rail trade routes,
     particularly in light of the "Development Road" project, which aims
          to connect the Grand Faw Port to Turkey and Europe via a modern transportation network.
 
If implemented, this project will provide a vital alternative to traditional trade routes and position Iraq strategically on the regional and international economic map.
 
However, it still requires effective regional partnerships and legal guarantees to attract investment and implement the required infrastructure.
 
On the economic front, Iraq seeks to strengthen cooperation with neighboring countries,
particularly Saudi Arabia, Iran, Turkey, and Jordan, through electricity interconnection projects, trade exchange, and joint industrial zones.
 
These initiatives are part of a drive to reduce reliance on the single market, diversify sources of income, and restore a balanced economic role.
 
However, these relations are often affected by political conflicts and regional tensions, which weakens Iraq's ability to impose its economic priorities or create a sustainable cooperative environment.
 
For Iraq     to become a leader and     an effective regional economic player,fundamental transformations are necessary in the country's economic and administrative structure,  beginning with institutional reform and combating corruption,  moving on to modernizing infrastructure, and  culminating in developing a clear strategic vision for the national economy, based on diversification and openness.

 
Restoring regional and international confidence in Iraq as a safe investment environment requires
  political stability,    an impartial judiciary, and    flexible economic legislation,which can be achieved with serious political will.
 
Iraq is not a resource-poor or weakly influential country; rather, it is rich in natural and human potential and a strategic location.
 
However, activating these elements and transforming them into tools of regional economic influence requires a comprehensive renaissance in thinking, policies, and management.
 
A stable, open Iraq with an economy free from corruption can be a major economic player in the region, 
not merely an arena for conflict or a marketplace for others.    https://alsabaah.iq/118881-.html  

Kurdistan And Self-Sufficiency
 
Economic 2025/08/13  Yasser Al-Mutawali  With every visit to the Kurdistan Region, I discover a unique phenomenon:  the region is advancing with confident steps and achieving successes on the ground.
 
Perhaps one of my interests as a journalistic observer of economic phenomena,
within my specialization in economic journalism, is to identify everything new and useful to serve as a model for an important experience that can be utilized for generalization at the level of Iraq.
 
This is the best way to benefit from the experiences of others in a single environment and a single country, and certainly in specific aspects.
 
However, this does not mean not benefiting from successful experiences around the world in other aspects.
 
The developments that I observed during the ten days I spent recently are in addition to what I have followed since the period of change after the year (2003) during my continuous visits to the region and
 
I wrote a lot about them in the economic page of Al Sabah newspaper and described it as a model experience.
 
This model is embodied by the significant development in the fields of construction, development, services, organization, and cleanliness, all framed by a strict law against any violations of regulations.
 
This is an indicator of a civilized phenomenon and a civilized model that we have always called for emulation, foremost among which is the traffic system, as it is the umbrella of the law.

Security stability was one of the most important reasons for achieving this exemplary development.
 
This is true, and it was the argument used by the governorate administrations when demanding the achievement of such a model.
 
Now that stability has been achieved, the argument for achieving this model has fallen, of course.
 
Now the discussion will be limited to food self-sufficiency, as food security is the ultimate goal in the face of global crises,
 
in which food is often used as a weapon to maintain citizens' livelihoods.
 
In this regard, we point to a recent example of the use of food as a weapon,
namely the Russian-Ukrainian war, which saw Europe cut off strategic grain supplies.
 
My focus here is on achieving food self-sufficiency, which is a logical consequence of this stability.
 
In the markets of vegetables, red and white meat, you find a difference in prices of about (25) percent compared to the rest of the governorates of Iraq and (35) percent compared to the prices in the capital, Baghdad.
 
Thus, you find that the purchasing power in the region is able to easily acquire its sustenance despite the challenges of (delaying salaries) for reasons that we are not concerned with regarding the delay here.
 
Along the vast expanses of the region's entrances, you can see farms irrigated using modern irrigation techniques, and vegetables filling the springs.
 
You can also see factories manufacturing feed for model livestock, advanced food industries, dairy products, and packaging factories that cover the region's need for poultry meat, eggs, dairy products, and locally manufactured foods, with a surplus exported to the center and sometimes to neighboring countries.
 
The region is also known for its abundant production of strategic crops,
including wheat, corn, barley, and fodder crops, using modern and advanced agricultural methods.
 
There are signs that this is being achieved in a number of Iraqi cities following the recent stability.
 
This is not all, there is much more to talk about, and this is what the article allowed for.
 
That's why we said, "Kurdistan is a model of self-sufficiency."
 
We hope to benefit from this model in the rest of Iraq, so that we can be proud of our national production, achieve our food security, and dispense with any imports, and even export the surplus.     https://alsabaah.iq/118956-.html  

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