The Real Reason Couples Fight About Money

Rachel Cruze: The Real Reason Couples Fight About Money

August 25, 2025  by  Jaime Catmull

Question #2 of GOBankingRates’ Top 100 Money Experts Series

What’s the best way to handle financial disagreements in a relationship?

Who doesn’t love a story that ends with “and they lived happily ever after”? Whether it’s a fairy tale or a rom-com, everyone swoons when the pair that belonged together all along finally heads off into the sunset hand in hand.

Yet the story usually ends at this point. There’s no mention of what that happily ever after really looks like — sharing space, juggling busy schedules and navigating arguments about money.

Part of merging your life with someone else’s means integrating your finances. Depending on your upbringing, personal history and beliefs, you could be bringing some very different money mindsets to the table — and serving up a perfect recipe for conflict.

Fortunately, according to Rachel Cruze, bestselling author and financial expert, achieving that “happily ever after” is possible — even when you’re still figuring out how to manage money as a couple.

GOBankingRates caught up with Cruze to ask why couples fight about money and what they can do to achieve their own financial harmony.

It Goes Deeper Than Dollars and Cents

Sometimes, a fight that seems like it’s all about money isn’t just about dollars and cents. Cruze explained that most financial disagreements stem from deeper emotional issues, like trust, communication and feeling disconnected from your partner.

 “I always say: Money touches every part of your life, from what groceries you buy to the dreams you have for your future,” she said. “So if there’s tension in how you’re handling money, it’s going to spill over into everything else. That’s why I’m such a big believer in working together, not separately.”

Understanding that there are emotional and philosophical factors at play in how you and your partner think about money is key to having practical, productive conversations about your finances. Cruze’s advice? “Stop hiding, start communicating, and get on a plan together.”

TO READ MORE:  https://www.gobankingrates.com/money/real-reason-couples-fight-about-money-how-to-fix-it-rachel-cruze/?hyperlink_type=manual

Lynette Zang Lays Out the Full Plan: How the ‘Genius Act’ Ends the Dollar | Kitco News

Lynette Zang Lays Out the Full Plan: How the ‘Genius Act’ Ends the Dollar | Kitco News

Kitco News:  8-25-2025

Financial analyst Lynette Zang sits down with Jeremy Szafron to deliver a stark warning about the end of the current currency lifecycle.

Zang argues that today’s conflicting economic signals - from strong headlines to record consumer stress - are a predictable pattern.

 She exclusively reveals details of a new law she calls the "Genius Act," alleging it is designed to use stablecoins to trigger hyperinflation and usher in a financial reset.

The interview digs into the "war on data" following a shake-up at the Bureau of Labor Statistics, the hidden fragility in the U.S. Treasury market, and why she is "100 percent" certain a "globally coordinated" gold confiscation is coming.

Zang provides her framework for surviving the "final wealth transfer," explaining the different roles of gold and silver and what investors need to do now.

Key topics:

-The "Genius Act": Zang's exclusive reveal of the law she says is designed to trigger a reset.

-Stablecoin Hyperinflation: How stablecoins will be the "mechanism that will usher in" the end of the dollar.

-The War on Data: Why downward data revisions and the BLS shake-up mean we are "flying absolutely blind".

 -The Treasury Crisis: The hidden fragility as foreign buyers evaporate and stablecoins become the new artificial market.

-Gold Confiscation: Why a "globally coordinated" confiscation is "a hundred percent" coming in the next crisis.

 -The Rise of the Corporate State: How the Intel deal and a sovereign wealth fund signal a merger of state and corporate power.

-Physical vs. Paper Gold: Why the spot market is a "joke" and a decoupling from the physical price is inevitable.

-Silver's Role: How silver "maintains your standard of living" while gold "expands it" during a crisis.

-The Banking "Casino": How hundreds of trillions in derivatives pose a greater risk than in 2008.

 -The Human Pattern

00:00 Introduction

01:16 Official Story vs. Ground Reality

02:08 Historical Patterns and Consumer Stress

03:38 Political Battle Over Data

04:41 Currency Lifecycle and Stable Coins

12:21 Treasury Market Fragility

23:44 Rise of the Corporate State

30:25 Skepticism and Prepping

30:50 The Physical Reckoning in the Gold Market

 31:26 Repatriation of Gold and Market Implications

41:23 Gold vs. Silver: Roles and Performance

 52:05 Central Banks and the Future of Fiat Money

 57:58 Human Patterns and Financial Mistakes

59:44 Conclusion and Future Outlook

https://www.youtube.com/watch?v=5d_-WSytQso

Ariel :US Troops Leaving Iraq, Can the Unthinkable Happen?

Ariel :US Troops Leaving Iraq, Can the Unthinkable Happen?

8-25-2025

US Troops Leaving Iraq: Iraq On The Verge (Can The Unthinkable Happen By The End Of The Month? (We Shall See)

Good morning to you all. What a time to be alive right now. Can you feel it in the air? The moment is coming but I feel we are in it and the lull period is about to hit a crescendo point that we have been waiting for years to occur. What have you all been up to?

Do you have everything in place?

Do you have your bank selected?

Do you have a team of people you trust?

Do you have multiple currency accounts?

Because I will tell you this. This monetary event will never happen again. You all will be crossing the bridge to another world. The New Republic will be established and the criminal parasites will be gone. And we will be able to afford a basic standards of living.

No more high interest.

No more high inflation.

No more high taxes.

No more high debt.

All you will experience is freedom, abundance, and sovereignty.

What Does This All Mean?

Let’s start with Iraq.

Pardon My Rumblings Here

With U.S. troops scheduled to begin their withdrawal from Iraq by September 2025, as per the recently agreed bilateral framework, Iraq faces an immediate imperative to stabilize its economic sovereignty and fulfill President Trump’s demand for compensation, likely necessitating a strategic overhaul of its financial systems.

The Iraqi government, under Prime Minister Mohammed Shia al-Sudani, will accelerate banking reforms mandated by the Central Bank of Iraq (CBI), increasing capital reserves to 400 billion dinars and enhancing anti-money laundering measures to regain access to international dollar markets, a process already underway with technical assistance from U.S. advisors like Oliver Wyman.

This includes transitioning from the CBI’s dollar auction to correspondent banking relationships with major U.S. institutions, ensuring compliance with global financial standards to secure oil revenue flows still 90% of government income into the Development Fund of Iraq accounts at the Federal Reserve Bank of New York.

The looming deadline of August 31, 2025, tied to the first phase of troop withdrawal, heightens pressure to demonstrate economic autonomy, potentially triggering a controlled revaluation of the Iraqi dinar (IQD) to strengthen its exchange rate (currently around 1,276 IQD per USD) and signal fiscal health, though experts predict only a modest adjustment to 1:1 or 3:1 IQD by year-end 2025 due to oil price volatility and regional instability, not the speculative 1,000x leap some anticipate.

Failure to meet this deadline risks sovereignty erosion through renewed U.S. sanctions or loss of dollar access, compelling Iraq to balance reform with political stability ahead of the October 2025 elections, making a partial revaluation by August 31st plausible but a full revaluation by year-end contingent on successful oil market stabilization and reduced Iranian influence.

The impending withdrawal of U.S. troops from Iraq, commencing in September 2025 with a phased reduction of hundreds of personnel and culminating in full departure by 2026, sets the stage for a comprehensive economic realignment in Baghdad, potentially catalyzing a controlled revaluation of the Iraqi dinar (IQD) to stabilize its exchange rate against the U.S. dollar.

This revaluation, projected to adjust the IQD from its current peg of approximately 1,276 IQD per USD to around 1,217 IQD by December 2025, but we know the aim is higher. (1:1/3:1)Which would enhance Iraq’s fiscal sovereignty by boosting export revenues and reducing reliance on dollar auctions, thereby addressing Trump’s demand for compensation through structured oil revenue sharing mechanisms.

Such a move would mitigate inflationary pressures by strengthening purchasing power and facilitating parity with regional currencies, paving the way for global financial equilibrium.

This currency adjustment in Iraq could trigger a domino effect of revaluations across emerging markets, where nations like Vietnam and Zimbabwe might recalibrate their dong and dollar equivalents to achieve parity with major currencies, effectively curbing hyperinflation through enhanced export competitiveness and reduced import costs.

By establishing an even playing field, as articulated by Trump, these revaluations would diminish the dominance of speculative capital flows, fostering stable interest rates globally as central banks recalibrate monetary policies to reflect intrinsic asset values rather than manipulated benchmarks.

The integration of the Iraqi dinar with digital assets like XRP, through blockchain-enabled cross-border settlements via the Ripple network, represents a technical pivot toward decentralized finance, enabling instantaneous, low-cost transactions that bypass traditional SWIFT systems controlled by legacy banking cartels.

This pairing would accelerate the dinar’s revaluation by providing liquidity bridges, allowing Iraq to monetize its oil reserves in a tokenized format, thereby injecting billions into the U.S. economy through repatriated revenues and reducing national debt burdens.

Read Full Article:   https://www.patreon.com/posts/us-troops-iraq-137306830

https://dinarchronicles.com/2025/08/25/ariel-prolotario1-us-troops-leaving-iraq-can-the-unthinkable-happen/

Iraq Economic News and Points To Ponder Tuesday Afternoon 8-26-25

The Central Bank And Al-Hadbaa University Sign A Joint Cooperation Agreement.
 
August 26, 2025  The Central Bank of Iraq/Mosul branch signed a joint cooperation agreement with
Al-Hadbaa Private University to enhance cooperation with academic institutions.
 
The agreement aims to open new avenues of cooperation between the two institutions, most notably by
     providing lectures on the concept of financial inclusion and  holding scientific seminars, as well as
     cooperating in publishing scientific research.

It was also agreed that theCentral Bank of Iraq would provide Al-Hadbaa University with the
     latest bulletins and     publications issued by the bank.    
    Central Bank of Iraq    Media Office    26 Aug 2025    https://cbi.iq/news/view/2965  

Taif Sami: Iraq Is Witnessing Tangible Progress In The Field Of Tax Reform.
 
Money and Business  Economy News - Baghdad Finance Minister Taif Sami confirmed on Monday that 
Iraq is witnessing tangible progress in tax reform, while pointing to the government's commitment to developing the tax system  in line with international standards.
 
In a speech at the Tax Conference for Economic Development and Investment Promotion, the Minister of Finance said,
 
"This conference affirms the state's commitment,  under the direct supervision of   Prime Minister Mohammed Shia al-Sudani and the   Ministry of Finance,
 
to developing the tax system  in line with international standards,  contributing to diversifying non-oil revenue sources and     increasing the state's financial resources."

She added,  "Over the past period, we have worked to implement the government program through a series of reforms and measures, including
     updating tax legislation and instructions,
     developing tax accounting mechanisms,
     protecting the state's rights, and
     achieving social justice." She pointed out that
 
"the objectives of the National Reform Plan 2025-2030 are to
     boost domestic revenues with funding from the European Union and German organizations,
     review tax ceilings,     expand electronic payment and collection services, and      enhance financial inclusion.

They also aim to     identify obstacles to the effective implementation of tax policies and   develop appropriate solutions,   in line with the  requirements of judicial oversight and    sound financial management tools."

She continued: "It also aims to  stimulate economic legislation and investment activity  in line with international transparency requirements, reate an attractive and conducive business environment for the private sector, and
     improve the economic operating environment by increasing the efficiency of financial procedures,
     reducing red tape,      encouraging start-up projects, and
     developing collection services using advanced electronic tax management systems to
          enhance citizen and investor confidence  in financial institutions and reduce corruption."

She explained that "these efforts aim     not only to increase public financial revenues, but also
     to build an attractive economic and investment environment    based on transparency and fairness in   achieving sustainable development and   enhancing national economic stability."

Sami affirmed: "Over the past two years, we have achieved tangible progress on tax reform, as
     confirmed by the data and figures related to the growth of domestic revenues,
          which reflect the extent of the progress and achievements made."
 
The Minister of Finance called on international partners, including financial institutions and international and regional organizations, to  "effectively contribute to supporting the Iraqi tax reform plan by  exchanging technical expertise and  providing advisory, technical, and training support."

She noted that "your participation with us in this process will be safe and decisive in
     accelerating reform efforts and   ensuring our adherence to international standards."
 
The Minister of Finance concluded her remarks by emphasizing 
"the Ministry of Finance's commitment to the path of financial and tax reform,
     in line with a national development vision and
     unlocking investment opportunities that benefit Iraq."
  
views 264     Added 08/25/2025 - 1:12 PM  https://economy-news.net/content.php?id=59218  

The Central Bank Of Iraq Donates More Than 90 Billion Dinars To Revitalize Rashid Street.

Banks  Economy News – Baghdad  The Central Bank of Iraq announced on Monday that it has donated more than 90 billion dinars to revitalize Rashid Street.

The Central Bank's media office stated in a statement received by Al-Eqtisad News that "the Central Bank has donated more than 90 billion dinars to revitalize Rashid Street, one of the most famous tourist destinations in the capital, Baghdad, by adding a tram line to it to become a prominent landmark in the center of old Baghdad."

He pointed out that "the Council of Ministers, the Baghdad Municipality, the Ministry of Culture, and the Iraqi Private Banks Association worked to prepare and monitor the designs and implementation."

He added, "The Central Bank sponsors numerous urban initiatives in various locations, such as the House of Cultural Affairs, contributing more than 3 billion dinars, as well as the Governor's House site in the Government Palace Heritage Area near the Qishla, with an amount of 2 billion dinars." https://economy-news.net/content.php?id=59216

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

Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 8-26-25

Good Afternoon Dinar Recaps,

BRICS Accelerates De-Dollarization as Gold Reserves Surge

The BRICS economic bloc is pushing forward with de-dollarization strategies at a faster pace than many anticipated, backed by record gold purchases and new trade arrangements that reduce reliance on the U.S. dollar.

Record Gold Buying by Central Banks

In Q2 2025, global central banks purchased 166 tonnes of gold, a 41% increase from typical quarterly levels. BRICS members — including China, Russia, India, and Turkey — led these acquisitions, helping drive global reserves to over 36,000 tonnes.

Analysts describe gold not just as a hedge, but as insurance against global monetary fragility. The strategy is widely seen as laying the groundwork for alternative reserve systems outside the U.S. dollar.

Progress Toward a BRICS Currency

At the 17th BRICS Summit, members advanced digital payment infrastructure initiatives to support the launch of a BRICS currency by 2026. With BRICS representing 46% of the world’s population and 37% of global GDP, the group’s efforts to reduce dollar dependency carry significant weight.

• India is developing cross-border payment software to reduce reliance on U.S. systems.

• China and Saudi Arabia signed a $50 billion yuan trade agreement, signaling momentum for wider non-dollar trade.

Political and Structural Challenges

Despite progress, hurdles remain. China accounts for roughly 70% of BRICS GDP, raising concerns that replacing U.S. financial dominance could simply shift control to Beijing. Political and economic differences among member nations also complicate efforts to create a unified monetary system.

Outlook

The convergence of record gold accumulation, digital payment development, and alternative trade arrangements underscores the BRICS bloc’s determination to lessen dollar reliance. While significant challenges remain, the group’s coordinated push represents one of the most serious long-term tests of U.S. dollar dominance since the Bretton Woods system was established.

@ Newshounds News™
Source: Watcher Guru

~~~~~~~~~

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Thank you Dinar Recaps

News, Rumors and Opinions Tuesday 8-26-2025

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 Tues. 26 August 2025

Compiled Tues. 26 August 2025 12:01 am EST by Judy Byington

On Sun. 17 Aug. Tier4b payouts (allegedly) began with test rollouts done according to countries:

Countries 1–10: Peru, Chile, Finland, Kazakhstan, Papua New Guinea, Paraguay, Uruguay, Spain, Singapore, Croatia. These nations test adaptability — from resource-rich South America to European trade hubs.

Countries 11–20: Philippines, Bhutan, Malawi, Venezuela, Nigeria, Mali, New Guinea, Western Sahara, Sudan. Nations long plagued by inflation and debt — stabilized through integration into the reset.

Countries 21–30: South Sudan, Eswatini, Somalia, São Tomé, Gambia, Comoros, Madagascar, Gabon, Mozambique, Equatorial Guinea. African states with limited banking infrastructure leapfrog into digital trade networks.

Countries 31–44: Mauritania, Togo, Lesotho, Eritrea, Djibouti, Liberia, Guinea-Bissau, Benin, DRC, Central African Republic. Fragile states often reliant on aid gain liquidity and protection from currency manipulation.

Countries 45–55: Argentina, Bahrain, Costa Rica, Cape Verde, Saudi Arabia, Germany, Czech Republic, France, Dominican Republic, Portugal, Bulgaria. Oil-rich Gulf states and European powers anchor credibility.

Countries 56–65: Trinidad & Tobago, Jamaica, Canada, Cuba, Afghanistan, Belarus, Iran, Moldova, Finland, Panama. A mix of rivals and allies proves the GCR bridges deep political divides.

Countries 66–75: South Korea, Japan, Luxembourg, Netherlands, England, Ireland, Morocco, Hawaii, Antigua & Barbuda, Switzerland. Financial giants unite with Pacific and Caribbean islands, merging high-volume trade with small-market resilience.

Countries 76–90: Norway, Monaco, Northern Ireland, Guatemala, Hungary, Austria, United States of America, Spain, Panama.

The U.S. enters last, ensuring the system is stress-tested before the largest economy commits.

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

Mon. 25 Aug. 2025 INTEL DROP BREAKING! On September 1st, Trump will (allegedly) begin a $150 trillion Gesara operation, which will return stolen elite wealth to the people, causing Deepstate panic. …Q on Telegram

The countdown has (allegedly) started as of August 20, 2025. In order to overthrow globalist economic dominance and restore stolen wealth to the American people, President Donald J. Trump will launch a $150 trillion financial operation on September 1. The National Endowment Directive, which Trump approved under full constitutional and military authority, will (allegedly) release mineral resources buried beneath U.S. federal land that have been purposefully concealed for more than a century by globalist policies.

Large reserves of gold, silver, copper, lithium, uranium, and rare earth elements—worth more than the combined GDP of all countries—are found on more than 250 million acres of land, primarily in the western states.

They weren’t “protected lands.” In order to keep Americans impoverished and reliant while elites made money overseas, they were blockades that were sealed by fictitious environmental laws. That fraud is coming to an end.

With profits (allegedly) going into the Unified Treasury Reclamation Fund and being disbursed to verified citizens via the Quantum Financial System, Trump’s directive guarantees that these resources are recovered under U.S. control.

Phase One (allegedly) starts on September 1st, with land leases prohibited from foreign ownership, mineral surveys made available to American teams that have been vetted, and QFS-driven payouts known as “Repatriation Royalties” already showing up in pilot programs. What used to be theory is now working.

Long ridiculed and suppressed, GESARA is being carefully (allegedly) implemented: IRS regional offices are(allegedly)  quietly closing, internal ledger corrections have zeroed out student loan and tax debts, QFS nodes have activated gold-backing infrastructure, and Treasury-issued asset-backed currency is (allegedly) getting ready to replace the fiat dollar. The change is already in motion, but none of this was intended to go public until it was secure.

The Globalists are obviously in a panic. Desperate to stop Trump’s mineral release, WEF leaders convened in Geneva last weekend with more than 300 private jet arrivals. If the United States switches back to asset-backed currency, the IMF has warned of “catastrophic instability.” In an effort to advance its digital yuan before the dollar resets, China is dumping US bonds out of desperation rather than strength. However, it’s too late.

The Federal Reserve Act(allegedly)  stole monetary sovereignty, wars enriched contractors while bankrupting nations, energy independence was given to foreign cartels, patents were buried, and land rich in resources was locked away. The elites began manipulating the system in 1913. Every action was intended to divert American wealth. That system is being reversed by Trump.

September 1st is the catalyst, not a symbolic date. Following that, the pace of wealth transfer (allegedly) quickens through direct QFS-linked payments to citizens, tax abolition, grant-based business assistance, and zero-interest lending.

This is actual compensation that is backed by gold and linked to physical assets; it is neither scrap nor subsidies.

Americans will get what has always been theirs for the first time in modern history. The globalist myth that there was “never enough to go around” is coming to an end.

Donald J. Trump is at the helm of the largest wealth transfer in history, and it is about to get underway. Still standing, still carrying out, still taking back what was rightfully ours all along, despite being silenced, attacked, and imprisoned.

The first day is September 1st. Furthermore, nobody can stop what is about to happen.

~~~~~~~~~~~

Global Financial Situation:

Mon. 25 Aug. 2025: The US suddenly withdraws its troops from two military bases in Iraq ahead of schedule.

Read full post here:  https://dinarchronicles.com/2025/08/26/restored-republic-via-a-gcr-update-as-of-august-26-2025/

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

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

Frank26   [Iraq boots-on-the-ground report]  FIREFLY: Saleh the advisor to Sudani used to be the second man at the bank under Dr. Shabibi.  He knows the business.  He is on Iraq's Channel One news saying we are creating a financial committee to help Iraq to get ready for the global market.  This is a "wow" global meeting, it means international...We know all of the American troops will be out by the middle of September also.

Walkingstick  When they shut the auctions down they revered to using 4 currencies through their adjusted auctions...But now they are telling the Iraqi citizens they are expanding to almost all currencies in the world. They will be run by the banks in Iraq for large scale trade.  Ladies and gentlemen the global world is showing trust in Iraqi banks...This is really really good.

Jeff   They told us the US personnel will be out of the...Green Zone Baghdad are by September 15th, not by the end of September but by Mid-September.  That's very important because when they go to revalue, we've got to give them their sovereignty.  Basically we've passing the security baton over to the Federal Government...What's happening in the month of September is very critical.

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

Gold Revaluation: What Price & How? Mike Maloney & Alan Hibbard

8-26-2025

In this episode of the Gold Silver Show, Mike Maloney and Allan Hibbard dive into the controversial idea of revaluing the U.S. gold reserves.

With the Treasury sitting on a massive gold horde officially valued far below market price, could a simple accounting change—from $42/oz to market rates—provide the financial boost Washington desperately needs?

Discover:

 • Why revaluing gold has come up in recent policy discussions

• Which countries have tried this strategy—Germany, Italy, Lebanon, and more

• The real impact on debt-to-GDP: from slight relief to jaw-dropping gold prices

 • Why, despite the drama, revaluation won’t fix America’s fiscal crisis

Watch as they crunch the numbers and show you—in crystal-clear Excel models—why revaluation might offer only a symbolic remedy in a much larger economic battle.

 Don’t miss the full breakdown!

https://www.youtube.com/watch?v=7nYavtKnv-8

Tuesday Coffee with MarkZ 08/26/2025

Tuesday Coffee with MarkZ   08/26/2025

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 and Happy Terrific Tuesday

Member: It's National Dog Day. While we honor our pups for their companionship and loyalty please remember all those still waiting for their forever homes..

Member: Are Fundamentals making this week into next looking really good, MarkZ?

Member: Mark is the correct…. EBS, then RV, then we exchange and then 10 days of disclosure?

Member: Did you hear anything last night from bondholders?

MZ: They are still telling me not to share. Do I think things are well underway? I do. Some have disappeared and are off spending money. They are upbeat about us and currency going soon. Even groups are upbeat about us going soon but no one will give any specifics. But they are all happy and giddy……that is the bond update.

MZ: I don’t know what they were threatened with to stay quiet……but it worked.

MZ: Sure are a lot of chatter and rumors about September 1st.

Member: What is your gut feeling Mark?

MZ: My gut is telling me something around Sept. 1st. Along with many others. News and sources are saying sometime around Sept. 1st.

Member: Major moves on iso20022 will allegedly happen on  Sept 1st

Member: Did you see the debt clock saying September 1 for fed overturn?

MZ: So many expectations for Sept 1st.

Member: Money on Labor Day makes sense, Doge/Tarriff, SS increases, or possibly RV

Member: Mark, Oliver Wyman has apparently extended the deadline from August 31st until September 28th concerning banks' liquidity. Will this delay us again?

MZ: “Kurdistan Regional government suspends meetings for a month”  they are pretty much refusing to meet and close the books on HCL and Erbil oil and gas laws. I think it is purposeful. They are continuing to hide the rate

MZ: “ Deputy: The decision to pay the salaries for the Kurdistan region and the month of June is taken today in Baghdad”  We should have news on this front today.

Member; sheesh …I thought that happened weeks ago. Then they need to pay salaries for July and August…….Iraq moves slower than a snail in January  

 MZ: “ Al Sudani: We achieved a breakthrough in increasing non-oil resources”  They have been doubling these non oil revenues each year. Some are tarrifs and taxes they have collected.

MZ: My Iraqi contacts (won’t tell me why) but they are excited. I asked if we are going to get a value change and they said- I will love this week. I wish I knew shat has them so excited?

Member: Mark, Nader posted yesterday, excited! said its already starting in Iraq????

Member: I kind of want to agree with Frank 26 that it already happened. They just haven’t notified us yet.

Member: An article released day ago by "Business Insider Africa". "Congo's central bank governor eyes shift away from dollar dependence." In the article it says U.S. helping Congo with monetary reform

Member: Would be nice if this year September 11th, there is disclosure finally.

Member: It sure would be nice to prove that I'm not a crazy conspiracy theorist

Member: Noah was a conspiracy theorists...then the flood proved him true….lol

Member: I do think that this weekend will be our best bet to exchange

Member: Keep your thoughts positive….and fingers crossed this weekend is what we are waiting for.

Lewis Hermes is a political guest and will not be transcribed.

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=fmQhxRRw6vQ

MilitiaMan and Crew: Iraq Dinar News Update-Revenue brings Value-Reduced note Count

MilitiaMan and Crew:  Iraq Dinar News Update-Revenue brings Value-Reduced note Count

8-26-2025

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

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

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

https://www.youtube.com/watch?v=k-MN2q2M204

7 Morning Money Habits To Start Your Day the Frugal Way

7 Morning Money Habits To Start Your Day the Frugal Way

Caitlyn Moorhead  Sun, August 24, 2025  GOBankingRates

Adopting a frugal lifestyle doesn’t have to mean overhauling all of your financial habits. Making a few tweaks here and there to how you spend, save and invest could greatly improve your chances of building wealth.  Whether your goals include funding retirement accounts, paying off debt or just improving your financial health overall, sometimes the way you start the day is the best indicator of how you will finish the personal finance race. The morning offers a unique opportunity to set the tone for a day filled with wise financial decisions, such as these seven morning habits that can help you live more frugally.

Embrace a Home-Brewed Coffee Routine

If before you even open your eyes you are thinking about ways to spend money on coffee, your daily financial plan may already be off to a rough start. Yes, the allure and aroma of a cafe coffee can be strong, but the daily expense adds up quickly.

By switching to home-brewed coffee, you can save a significant amount of money each month, which will perk up your financial future. Invest in a good coffee maker and discover the joy of brewing your own. This is not only more cost-effective, but also allows you to experiment with different blends and flavors.

Plan Your Meals

The food you have at home is here to remind you of the money you’ll save by not making the impulse buy of fast food or ordering out. Meal planning is not just a way to eat healthier; it’s also a fantastic strategy for not depleting your bank account.

Take a few minutes each morning to plan your meals for the day as the little time spent here can save you a large amount of money down the road. This habit prevents impulsive food purchases and helps you stick to a budget. Utilize leftovers and plan meals around what you already have, reducing food waste and grocery bills.

YOU TUBE VIDEO:  Saving without sacrifice

https://www.youtube.com/watch?v=2hLMTb1pFrI&embeds_referring_euri=https%3A%2F%2Fwww.yahoo.com%2F&source_ve_path=OTY3MTQ

Use Public Transportation or Carpool

With everything from tariffs to economic volatility increasing car costs to almost unmanageable amounts, it may be time to evaluate your daily commute and consider inexpensive options like public transportation or carpooling. These alternatives can significantly reduce your fuel costs and wear and tear on your vehicle.

It’s also an environmentally friendly choice that helps both future generations and the future of your retirement plan. And, if public transportation is efficient in your area, it can offer a stress-free time to read or relax before starting your workday.

Practice Energy-Saving Techniques

Speaking of doing better things for both the environment and your finances, mornings are a great time to implement energy-saving habits. Simple actions like turning off lights in empty rooms, unplugging unused appliances and using natural light can reduce your electricity bill.

Also, consider shorter showers to save on water costs. These small changes can lead to noticeable savings every time you pay your monthly bills.

TO READ MORE:  https://www.yahoo.com/lifestyle/articles/7-morning-money-habits-start-141706004.html

Seeds of Wisdom RV and Economic Updates Tuesday Morning 8-26-25

Good Morning Dinar Recaps,

Crypto News: GENIUS, CLARITY, and Anti-CBDC Acts Set for September Senate Vote

The U.S. Congress is advancing multiple pieces of digital asset legislation, setting the stage for a pivotal September in crypto regulation. Following the GENIUS Act’s enactment, three major bills—the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate Crypto Market Structure Bill—are now awaiting action in the Senate.

GENIUS Act – Stablecoin Oversight in Place

The GENIUS Act, already signed into law by President Donald Trump, establishes the first federal framework for stablecoins. Lawmakers, however, are pushing for stricter anti-money laundering provisions and tighter restrictions on foreign issuers.

Under the legislation, only banks, federally qualified fintech firms, and state-regulated entities meeting strict compliance standards will be authorized to issue stablecoins. The law also mandates enhanced transparency, audits, and anti-financial crime controls.

CLARITY Act – Defining Market Structure

The CLARITY Act seeks to bring order to the digital asset market by:

• Defining new asset categories,

• Clarifying oversight roles between regulators, and

• Providing investor protections.

The Senate Banking Committee aims to finalize the bill by September 30, 2025. Proponents argue that the Act will reduce regulatory uncertainty, foster innovation, and safeguard consumers.

Anti-CBDC Surveillance State Act – Blocking Retail CBDCs

The Anti-CBDC Surveillance State Act would prohibit the Federal Reserve from issuing, researching, or building a retail central bank digital currency without explicit Congressional approval. The bill will be debated in the Senate during September as part of a broader financial regulation package.

Senate Crypto Market Structure Bill – Responsible Innovation

Also known as the Responsible Financial Innovation Act of 2025, this bill is expected to move through the Senate Banking Committee by the end of September. Committee Chairman Tim Scott has signaled his intent to advance the SEC-focused provisions of the legislation by September 30, 2025.

Outlook for September

September is shaping up to be a turning point for U.S. digital asset policy. With the GENIUS Act already law and three additional bills nearing passage, Congress is setting a clearer framework for crypto markets.

Investors and stablecoin issuers are closely watching developments, as the outcome will determine which entities can legally issue stablecoins and how the broader digital asset ecosystem will operate under new compliance standards.

@ Newshounds News™
Source: Coinpedia

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Dollar Stability Under Fire as Trump Moves Against Federal Reserve

President Donald Trump’s removal of Federal Reserve Governor Lisa Cook has intensified debate over the U.S. dollar’s reliability as the world’s reserve currency—and raised questions about whether Bitcoin could eventually emerge as an alternative.

Trump’s Move Against the Fed

In a letter released by the White House, Trump accused Cook of making false statements on mortgage agreements and declared her immediate removal.

Cook has refused to step down, stating that “no cause exists under the law” for her dismissal and asserting that the President has “no authority” to remove her.

Dollar Stability in Question

The Federal Reserve’s independence has long been considered the foundation of U.S. monetary strength. Analysts warn that political interference threatens to:

• Undermine investor confidence,

• Increase volatility in the dollar,

• Weaken its reserve status globally, and

• Heighten the risk of recession.

Alex Obchakevich of Obchakevich Research argued that politicizing the Fed undermines economic stability and could accelerate the search for alternatives to the dollar.

Bitcoin as a Long-Term Challenger

When asked if Bitcoin could benefit, Obchakevich noted that while it is not yet a near-term replacement, continued instability at the Fed could strengthen Bitcoin’s role as a hedge and erode the dollar’s long-term dominance as the global reserve currency.

Trump’s Broader Clashes with the Fed

This dispute follows earlier confrontations between Trump and Fed Chair Jerome Powell. In April, Trump accused Powell of cutting rates too slowly and suggested firing him—a move that drew sharp criticism from market participants and lawmakers, who warned it would shatter investor confidence.

Outlook

Trump’s unprecedented attempt to remove a sitting Fed governor is likely to trigger a legal showdown and heighten global scrutiny of the dollar. As the world watches, markets are weighing whether this instability will reinforce Bitcoin’s narrative as a politically neutral, alternative store of value.

@ Newshounds News™
Source: Cointelegraph   

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RWA and Tokenized Equities: Market Growth Meets Regulatory Caution

Real-world asset (RWA) tokenization and tokenized equities are two of the fastest-growing segments in digital finance, with forecasts projecting multi-trillion-dollar market potential. Yet, alongside the optimism, regulators are warning that risks tied to investor protections, custody, and market integrity must be addressed before mass adoption can take place.

RWA Tokenization on Path to $16 Trillion by 2030

According to the 2025 Skynet RWA Security Report, the global tokenization market could expand to $16 trillion by 2030.

• Tokenized U.S. Treasuries are leading adoption, projected to reach $4.2 billion in 2025, driven largely by short-term government bonds.

• Institutional investors are exploring tokenization for debt instruments, commodities, private credit, and trade finance, citing advantages in yield generation, liquidity, and operational efficiency.

• Money market funds and private credit are emerging as early use cases, with the convergence of traditional finance (TradFi) and decentralized finance (DeFi) providing greater transparency and accessibility.

Challenges remain, including fragmented regulation, cybersecurity concerns, and limited liquidity for secondary trading. Skynet stresses the need for federally chartered crypto banks and licensed custodians to secure institutional trust.

Tokenized Equities Could Hit $1.3 Trillion

Parallel to the RWA trend, tokenized equities are gaining momentum. Platforms such as Robinhood, Kraken, and Gemini now offer tokenized versions of U.S.-traded stocks.

• Binance Research estimates the market could reach $1.3 trillion if even 1% of global equities are tokenized.

• Current adoption is still limited, with RWA.xyz reporting about $360 million in market capitalization.

However, unlike traditional shares, tokenized equities typically provide only synthetic exposure to stock performance without conferring voting rights or dividend entitlements.

Regulatory Concerns and Calls for Clarity

The World Federation of Exchanges (WFE) has urged regulators to strengthen oversight of tokenized equities, warning that:

• Investors may be misled into believing they hold full shareholder rights,

• Failures in the sector could damage the reputation of listed companies, and

• Broader market confidence could suffer if protections are not reinforced.

In a letter to the SEC, ESMA, and IOSCO, the WFE called for securities laws to be expanded to cover tokenized assets, with clear rules on ownership, custody, and promotion.

Meanwhile, jurisdictions such as Hong Kong, Singapore, and the U.S. are already developing tokenization frameworks that address custody, risk management, and investor protection.

Outlook

Both RWA tokenization and tokenized equities show strong potential to reshape capital markets by blending blockchain-native liquidity with real-world assets. Yet, as regulators emphasize, the path forward requires:

• Global regulatory alignment,

• Infrastructure investment, and

• Transparent investor protections.

If these conditions are met, tokenization could not only reach trillions in value but also establish itself as a transformative force in global finance.

@ Newshounds News™
Sources: Skynet RWA Security Report, CryptoSlate

~~~~~~~~~

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“Tidbits From TNT” Tuesday Morning 8-26-2025

TNT:

Tishwash: The Pentagon to Shafaq News: We are committed to ending our combat presence in Iraq and have new missions for our bases.

A US Department of Defense official said on Monday that Washington continues to review and adjust its force posture in Iraq "as appropriate" and in line with the mission of the international coalition to defeat ISIS in Iraq.

The official added to Shafaq News Agency that Washington "is committed to ending the coalition's military mission inside Iraq by September 2025, and we will continue to support operations to defeat ISIS in Syria from bases inside Iraq until September 2026."

He pointed out that after the end of the transitional period, "the United States will continue a bilateral security cooperation relationship with Iraq."

In September 2024, Baghdad and Washington agreed to end the coalition's military mission in Iraq by September 2025, while continuing to support operations against ISIS in Syria until 2026.

The first phase of the withdrawal actually began with a convoy leaving Ain al-Asad base for Syria at the beginning of the week, with some forces being transferred to Erbil and Kuwait, with the number gradually reduced from approximately 2,000 to less than 500 soldiers by September 2026.  link

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Tishwash:  Al-Mashhadani and the US Chargé d'Affaires discuss the mechanism for reducing the number of troops at Al-Assad Air Base.

Parliament Speaker Mahmoud Al Mashhadani received Ambassador Stephen Fagin, Chargé d'Affaires of the US Mission to Iraq, in his official office today.

During the meeting, according to a statement from the Speaker of Parliament's office, a copy of which was received by {Euphrates News}, the mechanism for reducing the number of troops at Ain al-Assad base and shifting the work to a limited bilateral framework within the Kurdistan Region was discussed, in line with the requirements of the reality on the ground, in a way that enhances national sovereignty and reflects the security stability achieved in the country.

President Al-Mashhadani stressed that sustainable security stability cannot be achieved without economic prosperity, emphasizing the importance of American companies entering the Iraqi market to support the private sector and provide extensive job opportunities for the national workforce.

The two sides also emphasized the strength of the relationship between Iraq and the United States, and their keenness to develop it in a way that serves common interests and enhances cooperation in the political, economic, and security fields.

The meeting concluded with an emphasis on the importance of developing Iraq's relations with its neighbors as a cornerstone of enhancing regional stability and helping to consolidate the principles of good neighborliness, serving the future of Iraq and the peoples of the region.  link

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Tishwash:  Trade and investment agreements to improve the business environment

The Iraqi Ministry of Trade has concluded a number of trade, economic, and investment agreements with relevant authorities in three foreign countries, affirming Iraq's readiness to provide all necessary facilities to create a stable and investment-friendly economic environment.

The ministry's official spokesman, Mohammed Hanoun, told Al-Sabah: "The signed agreements aim to stimulate economic cooperation between Iraq and a number of countries, and open new channels for exchanging expertise and investments."

He explained that the agreements with Serbia covered the fields of trade, economy, and investment, particularly in the industrial and technology sectors, and included the organization of joint economic forums bringing together businessmen from both countries to discuss cooperation opportunities. In addition, Serbia will contribute to the establishment of automotive equipment manufacturing plants, the implementation of irrigation projects to reduce water scarcity, and the strengthening of economic partnerships to serve common interests.

Hanoun pointed out that cooperation with the United States focused on expanding economic and trade relations, with the goal of developing the business environment and promoting foreign investment. He also discussed the provision of goods and services and the implementation of economic reforms, including the adoption of an intellectual property law and the launch of the "e-trader" platform to regulate market activity, enhance oversight, and protect the rights of producers and consumers. He added that the platform will provide a safe environment for commercial transactions, limiting violations and maintaining a balance between merchants and consumers.

He also referred to a proposal to hold a joint forum between the Iraqi and American private sectors to review investment opportunities and joint projects.

Cooperation with the Swiss side included concluding a contract with a specialized company to establish mills and silos, and providing the ministry with a shipment of spare materials, equipment, and advanced systems in accordance with the latest international specifications to ensure the highest standards of quality and productivity. Hanoun affirmed that the ministry is proceeding with implementing its strategic plans to modernize the infrastructure of government mills, improve production quality, and enhance food security by adopting clear implementation plans and an advanced economic vision that focuses on improving operations and reducing financial waste.  link

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Mot: Mam -- Hows Ur School Year Going??? 

Mot: FINALLY!!! -- The Secret to Long Life!!!!

FRANK26….8-25-25…PARIS CLUB

KTFA

Monday Night Video

FRANK26….8-25-25…PARIS CLUB

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

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

Intel starts about minute 10:00

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

https://www.youtube.com/watch?v=fA4ytg5mlBo

Iraq Economic News and Points To Ponder Monday Evening 8-25-25

Economist: Iraq Is Facing A Severe Financial Crisis Next Year
 
{Economic: Al Furat News} Economist Nabil Al Marsoumi warned that  Iraq is facing a severe financial crisis next year, noting that the  Ministry of Finance currently has no funds and relies on oil transfers.
 
Al Marsoumi said in a statement to {Al Furat News} that:  "The delayed pension payments came after the transfer of oil revenues on the fourth of this month," noting that  "this situation may continue for a long time during the current year due to the upcoming elections." 

 Al-Marsoumi pointed out that  "next year may witness a financial crisis and    difficult economic decisions that will directly impact fixed-income earners and the poor," warning of "coming economic challenges that require clear strategies to address them."     https://alforatnews.iq/news/خبير-اقتصادي-العراق-مقبل-على-أزمة-مالية-حادة-في-العام-المقبل 

Prime Minister's Advisor: Forming A Team To Improve Credit Ratings Is A Step Towards Comprehensive Economic Reform.
 
Today, 14:55Baghdad - WAA - Nassar Al-Hajj The Prime Minister's Financial Advisor, Mazhar Mohammed Salih, explained on Sunday   the importance and tasks of the joint national team tasked with improving Iraq's sovereign credit rating. He noted that this step reflects the government's seriousness in   implementing sustainable economic reforms and   preparing the country for global financial integration. 

Saleh told the Iraqi News Agency (INA): 
"Prime Minister Mohammed Shia al-Sudani's directive to form a joint national team to improve Iraq's sovereign credit rating is not merely an administrative step, but rather a clear declaration that Iraq has entered a new phase of     serious and  systematic  economic reform." 

 Saleh emphasized "the importance of the national team in   strengthening governance,  economic reform,  improving transparency and accountability in financial institutions, and     managing financial risks more professionally to mitigate economic fluctuations." 

He added,  "All these steps are aimed at     developing the business environment,     attracting foreign investment, and    supporting financial stability    by re-examining the country's     monetary and    fiscal policies  on a sustainable basis." He explained that
 
"the team will work in accordance with the National Development Plan 2024-2028,
which aims to     reduce dependence on oil as the primary source of income and  diversify the national economy, as     these are among the highest goals of  sustainable development and  stability." 

He pointed out that "the national team's tasks will  be at both the national and international levels, and will   focus on strengthening international confidence in the Iraqi economy,
 
which will
open the door to financing and investment, and  contribute to raising Iraq's credit rating, which means  reducing the cost of borrowing and increasing opportunities for external financing.

It will also  confirm the seriousness of the government and its economic program in   adopting sustainable economic reforms and   preparing Iraq for more effective global financial integration."
 
Earlier, Prime Minister Mohammed Shia al-Sudani directed the formation of a joint national team to improve Iraq's credit rating.    https://ina.iq/ar/economie/241708-.html 

Unlocking Iraq's Economic Potential: The Role Of Structural Reforms In Boosting Medium Term Non-Oil Growth
 
By Filippo Gori, Hela Mrabet  June 10, 2025  Download PDF 
    https://www.elibrary.imf.org/downloadpdf/view/journals/018/2025/115/018.2025.issue-115-en.pdf
 
Summary
Iraq’s non-oil economic growth has been slow, constrained by low productivity, limited investment and an inefficient use of human capital. Against the background of an excessive dependency on oil, an outsized public sector footprint, a fragile political context, and lingering institutional and governance shortfalls, non-oil medium term growth is expected to remain subdued, at 3-4 percent – mostly driven by demographics.

To unlock its potential for sustained growth and prepare the country for growing social challenges in the next decade, Iraq should commit to and implement an ambitious structural reform agenda. Estimates suggest that a comprehensive reform package aimed at improving governance, intensifying the fight against corruption, streamlining labor market and business regulations, and strengthening the banking sector could improve growth by an additional 4 percent over the medium-term.

Subject: Commodities, Employment, Labor, Labor force participation, Labor market reforms, Labor markets, Labor productivity, Macrostructural analysis, Oil, Production, Productivity, Structural reforms, Total factor productivity  

Keywords: Employment, Governance, Investment, Labor force participation, Labor Market, Labor market reforms, Labor market regulations, Labor markets, Labor productivity, Oil, Potential Growth, Productivity, Productivity, Structural reforms, Structural Reforms, Total factor productivity 

Publication Details
Pages: 21     Volume: 2025

• DOI: https://doi.org/10.5089/9798229021685.018

• Issue: 115

• Series: Selected Issues Paper No. 2025/115

• Stock No: SIPEA2025115

• ISBN: 9798229021685

• ISSN: 2958-7875

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

 Government Advisor: Oil Will Soon Return To $75... Here's Why
 
Time: 2025/08/19 16:44:30 Reads: 1,110 Times  {Economic: Al Furat News} The Prime Minister's economic advisor, Mazhar Muhammad Salih,   confirmed that  the need for petroleum energy will increase after each cycle of price decline.

He indicated that  this increase will restore balance to the energy market,  which will push the price of a barrel of oil to an average of no less than $75 higher.
 
Saleh said in a statement to Euphrates News, "The need for oil energy will increase after each price decline due to rising production costs in the world's major producing regions.
 
This will  restore balance to the energy market and raise the price of a barrel of oil to an average of no less than $75 per barrel,  especially after the market glut of cheap oil is eliminated due to geopolitical unrest around the world." 

He added, "This is a temporary situation that does not represent a long-term investment strategy in oil energy markets,  particularly the production market in the United States,  which is the world's largest oil producer,  but at high costs compared to the low-cost production costs of Middle Eastern and Gulf oil."    https://alforatnews.iq/news/مستشار-حكومي-النفط-سيعود-إلى-75-دولاراً-قريباً-لهذا-السبب 

Iraq Will Be Without Imported Gasoline By The Beginning Of Next Year.
 
Economy     2025-08-20 | 11:51  776 views   Alsumaria News – Local  announced The Ministry of Oil on Wednesday that  it is preparing a plan to end the import of petroleum products   by the end of this year and the beginning of next year.
 
The Director General Distribution Company of the Oil Products, Hussein Talib, said in a statement to the official agency, followed by Sumaria News , that
 "the Ministry of Oil has developed a plan to end the import of petroleum derivatives by the end of 2025 and the beginning of 2026, according to an advanced timetable prepared for this purpose." 

He added,  "Iraqi refineries have achieved a qualitative leap in the production of petroleum derivatives
under the current government since 2024," noting that
 
"at peak times, Iraq was importing  about 16 million liters of gasoline, in addition to  7 million liters of diesel and kerosene, at an annual cost of $4.5 billion." 

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He continued, "The import of diesel and kerosene will be closed in 2024 after achieving self-sufficiency, while   imports of high-octane gasoline decreased from 16 million liters to 6 million liters per day."    
  
https://www.alsumaria.tv/news/economy/537836/العراق-بلا-بنزين-مستورد-مع-بداية-العام-المقبل  

Iraq Announces Increase In Refining Capacity And Develops Plan To Export Kerosene And Jet Fuel
 
Time: 2025/08/24 13:02:30 Read: 750 Times   {Economic: Al Furat News} The Iraqi  government announced     an increase in Iraq's oil refining capacity and     a plan to export kerosene and jet fuel abroad    after achieving self-sufficiency in both.
 
A statement from the Prime Minister's Media Office, a copy of which was received by {Euphrates News}, stated that  "within the framework of the government's approach to strengthening national sovereignty in the energy sectors and providing petroleum derivatives,
on the path to consolidating economic stability and confident national development,
 
Iraq has been able to raise its refining capacity to (1.3) million barrels per day,
     becoming one of the Arab countries with the highest capacity in this field, and
     to proceed with this growth and expansion in capacity, towards
          achieving a refining capacity of (1.65) million barrels per day,
     in accordance with the stated goal announced by
     Prime Minister Mohammed Shia al-Sudani on March 30, 2025."

 He explained that "this strategic development will contribute to  covering the entire domestic consumption of petroleum products, which reached 1.1 million barrels per day in 2024, bringing Iraq very close to self-sufficiency in various petroleum products.
 
This will achieve a number of gains, most notably: 

     reducing the burden of importing petroleum products to the lowest level in decades,
     saving billions in hard currency annually,
     strengthening the trade balance,
     enabling the export of surplus petroleum products in the near future,
     creating new job opportunities in the energy sector and related sectors,
     improving fuel quality in accordance with international standards, and
     reducing carbon emissions and pollution levels."  The statement continued,
 
"This transformation will reflect the government's success in implementing its strategy aimed at  diversifying sources of income, strengthening the foundations of sustainable economic development, and    achieving the interests of citizens by ensuring stable petroleum product prices in the local market.
 
The Ministry of Oil has also developed a plan to begin exporting gas oil and jet fuel, after achieving self-sufficiency in both."     
  
https://alforatnews.iq/news/العراق-يعلن-رفع-قدرته-التكريرية-ويضع-خطة-لتصدير-الكاز-ووقود-الطائرات   

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