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Iraq Economic News and Points To Ponder Thursday Evening 8-28-25
Oil Prices Fall Amid Global Market Volatility
Thursday, August 28, 2025, Economic Number of reads: 185 Baghdad / NINA / Oil prices fell on Thursday, as investors assessed the outlook for fuel demand in the United States as the summer driving season approaches its end and also considered potential shifts in crude supplies in light of the huge tariffs imposed by the United States on India to punish it for importing Russian oil.
Oil Prices Fall Amid Global Market Volatility
Thursday, August 28, 2025, Economic Number of reads: 185 Baghdad / NINA / Oil prices fell on Thursday, as investors assessed the outlook for fuel demand in the United States as the summer driving season approaches its end and also considered potential shifts in crude supplies in light of the huge tariffs imposed by the United States on India to punish it for importing Russian oil.
Brent crude futures fell 31 cents, or 0.46%, to $67.74 by 00:27 GMT, and West Texas Intermediate (WTI) crude futures fell 36 cents, or 0.56%, to $63.79, after rising more than 1% in the previous session.
The U.S. Energy Information Administration said on Wednesday that U.S. crude inventories fell by 2.4 million barrels in the week ending August 22, compared to analysts' expectations in a Reuters poll for a draw of 1.9 million barrels. / https://ninanews.com/Website/News/Details?key=1248817
The Ministry Of Oil Announces The Final Statistics For July Exports And Revenues.
Thursday, August 28, 2025 | Economic Number of reads: 161 Baghdad / NINA / The Ministry of Oil announced, today, Thursday, the total oil exports and revenues achieved for last July, according to the final statistics issued by the State Oil Marketing Company (SOMO).
The ministry said in a statement: "The quantity of crude oil exports, including condensates, amounted to (104) million and (750) thousand and (788) barrels, with revenues amounting to (7) billion and (184) million and (804) thousand dollars."
It added: "The total quantities of crude oil exported for last July from oil fields in central and southern Iraq amounted to (104) million and (255) thousand and (143) barrels, while exports from the Qayyarah field amounted to (495) thousand and (645) barrels." https://ninanews.com/Website/News/Details?key=1248904
Basra Crude Prices Rise
Time: 2025/08/27 Reading: 495 times {Economic: Al Furat News} Prices of Basra heavy and medium crude oil rose on Wednesday, despite stable oil prices in global markets.
Basra Heavy crude prices rose 49 cents, or 0.49%, to $67.12, while Middle East crude prices rose 49 cents, or 0.39%, to $70.57.
Oil prices stabilized after falling in the previous session, as the market awaits the impact of new US tariffs on India in retaliation for its purchases of Russian supplies.
The price of Brent crude reached $67.24, while the price of US crude reached $63.25. LINK
After A Previous Increase, Gold Maintains Stability.
economy | 08/28/2025 Mawazine News - Follow-up Gold prices remained stable on Thursday, as investors awaited influential US data expected to determine the Federal Reserve's interest rate outlook.
Spot gold was steady at $3,390.27 per ounce by 02:57 GMT, after touching its highest level since August 11 earlier in the session, while US futures for December delivery were steady at $3,447.40 per ounce.
Traders are awaiting the Personal Consumption Expenditures (PCE) price index, due on Friday. This is the Federal Reserve's preferred inflation gauge.
Economists expect the index to rise 2.6% in July, the same pace as the previous month.
The probability of a 25 basis point rate cut at the next Fed policy meeting is more than 88%, noting that gold typically benefits from a low interest rate environment.
Among other precious metals, silver rose 0.3% to $38.72 per ounce, while platinum was steady at $1,348.07, and palladium rose 0.3% to $1,095.26. https://www.mawazin.net/Details.aspx?jimare=265848
The Development Bank Launches The First Unmanned Smart Branch In Iraq.
Wednesday, August 27, 2025, 5:53 PM | Economic Number of readings: 96 Baghdad / NINA / The International Development Bank announced today, Wednesday, the launch of the first smart branch of its kind in Iraq.
The bank said in a statement: "It has launched the first smart branch of its kind in Iraq, which enables banking transactions to be completed completely without the need for employees and available 24 hours a day, seven days a week, in a step that reflects the bank's commitment to digital transformation and promoting innovation in the Iraqi banking sector."
The statement added that "the new branch is located inside the General Administration Building of the International Development Bank on Abu Nawas Street in Baghdad, to be available to all customers as the first integrated digital banking experience in the country."
It continued: "The smart branch enables customers to complete their various banking transactions within minutes, whether for individuals, companies, businessmen, investors, entrepreneurs, or content creators, through an integrated package of digital services that include opening bank accounts and deposits, withdrawing and depositing funds, depositing bank checks and requesting the issuance of checkbooks, requesting the issuance of bank cards, transferring funds between accounts, in addition to purchasing gold ounces, printing account statements, settling loans, receiving content creator profits, and other innovative services."
The bank explained that "the branch allows customers to speak directly with customer service employees via audio and video, ensuring a more interactive and flexible banking experience and identifying customer needs immediately."
According to the statement, Wissam Al-Amri, Marketing Director at the International Development Bank, said, "The launch of the smart branch reflects the bank's commitment to placing customers at the heart of our priorities by providing innovative and easy-to-use banking solutions that enable them to manage their financial needs efficiently and at any time."
The statement concluded, "With this pioneering step, the International Development Bank consolidates its position as the first Iraqi bank to launch a smart branch, keeping pace with global developments in the banking sector and affirming its commitment to providing the best financial solutions to its customers." /End https://ninanews.com/Website/News/Details?key=1248758
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
What You Need To Do To Prepare Your Home And Your Family
Storm is on the way: Here's What You Need To Do To Prepare Your Home And Your Family
Hurricane season is here and it's important to be ready if you're anywhere near a hurricane zone. Here's everything you need to remember to be prepared!
Sean McBride Creator of Charleston Crafted Updated Sat, August 16, 2025
As a South Carolina resident, hurricane season is officially my least favorite time of the year. I don't like that I feel the need to constantly check to see if there is tropical activity in the distance and I hate the feeling of deciding what to do if a storm is coming.
Storm is on the way: Here's What You Need To Do To Prepare Your Home And Your Family
Hurricane season is here and it's important to be ready if you're anywhere near a hurricane zone. Here's everything you need to remember to be prepared!
Sean McBride Creator of Charleston Crafted Updated Sat, August 16, 2025
As a South Carolina resident, hurricane season is officially my least favorite time of the year. I don't like that I feel the need to constantly check to see if there is tropical activity in the distance and I hate the feeling of deciding what to do if a storm is coming.
However, just because I don't like the season doesn't mean I'm not prepared for it.
Hurricane Erin is the first hurricane of the 2025 Atlantic Hurricane Season and has gained significant attention for its size and unpredicted path. While it does look like the Hurricane Erin path will curve away from the east coast of the United States this time, that doesn't mean that with the next storm we'll be so lucky.
Living in a hurricane zone teaches you to be prepared and be vigilant about your surroundings throughout the entirety of hurricane season, which officially runs from June 1st to November 1st. Hurricanes and tropical storms can both produce damaging rains and wind and can impact your area even if the path doesn't come right through your state.
And if recent history has shown us anything, being anywhere near the zone means you need to be prepared, not just if you live on the coast. So, if you're thinking about what you need to do to be prepared this hurricane season, let's take a look
How To Prepare For Hurricane Season
Storm intensity and frequency has been on the uptick for decades, and it's seemingly only going to get worse as our climate continues to change. Hurricanes aren't going to go away, so we have to be prepared to live with the after effects.
It's important to know your risk by identifying what type of FEMA zone you live in and what the likelihood is of a storm. Hopefully you've done some research, but if you're new to an area, talk to your neighbors about how storms have impacted your neighborhood in recent years.
If you are in a flood risk zone, you need to know the degree of severity and what that means for your area, so be prepared by knowing what you will likely need to do.
Additionally, if a hurricane begins to form in the Atlantic, Gulf or Caribbean, make sure you stay up to date with the NOAA path tracker so you can know where the storm is and where it might end up. Don't spend too much time listening to random "experts" online and instead focus your attention on the actual data presented by NOAA's National Hurricane Center.
Create An Emergency Evacuation Plan
The most important thing to do in an emergency hurricane situation is to listen to your local officials. If a mandatory evacuation order has been issued, listen to that order. It's not smart to try to decide whether or not you think a storm will actually hit your area badly.
If an order has been issued, make sure you know the evacuation routes and whether or not they will be opening additional lanes on the highway. It's best to leave at less busy times, if possible, and not wait until the last minute when the entire town is trying to drive out.
Inflation is Destroying Fiat Currency but Strengthening Gold
Inflation is Destroying Fiat Currency but Strengthening Gold
VRIC Media: 8-27-2025
Recently, VRIC Media hosted a profoundly insightful interview with investment banker and author Chris Whan, who delivered an unflinching look at the global monetary system, the U.S. economy, and the future of financial markets.
Whan’s analysis offers a compelling (and often challenging) perspective, particularly on the resurgence of gold and the gradual erosion of the U.S. dollar’s unique status.
Inflation is Destroying Fiat Currency but Strengthening Gold
VRIC Media: 8-27-2025
Recently, VRIC Media hosted a profoundly insightful interview with investment banker and author Chris Whan, who delivered an unflinching look at the global monetary system, the U.S. economy, and the future of financial markets.
Whan’s analysis offers a compelling (and often challenging) perspective, particularly on the resurgence of gold and the gradual erosion of the U.S. dollar’s unique status.
At the heart of Whan’s analysis is a strong bullish stance on gold. He emphasizes its re-emergence as a primary monetary asset globally, a trend driven not by market speculation, but by national policy. Countries like China and Russia, in particular, are accumulating gold aggressively, seemingly regardless of price fluctuations.
This isn’t just about hedging; it’s a strategic move to diversify away from the dollar and strengthen their own financial sovereignty. For Whan, gold isn’t merely a commodity; it’s a foundational element in a shifting global economic landscape.
But what underpins this shift? Whan points directly to the U.S. dollar’s historically anomalous status as the world’s primary reserve currency. He argues that this position was largely a product of wartime dominance, and it’s now gradually losing ground.
The culprits?
Rampant U.S. fiscal mismanagement and a growing global skepticism about America’s economic stability and intentions. As nations look for alternatives, the dollar’s perceived invincibility starts to falter, ushering in an era of profound re-calibration.
The erosion of the dollar’s value is, of course, inextricably linked to inflation. Whan highlights its ongoing, pervasive impact on everyday Americans, noting that those without significant stock or real estate investments are disproportionately harmed.
He critiques the Federal Reserve’s policies, including interest rate decisions and “financial repression,” explaining how political pressures and expansive fiscal policies keep the economy “running hot.” Don’t expect a quick fix: Whan believes the Fed’s 2% inflation target remains unrealistic in the current environment, suggesting that inflation is here to stay for the foreseeable future.
Beyond the numbers, Whan connects these economic trends to broader societal impacts. He draws parallels with the historic Gilded Age, observing significant wealth concentration and wage stagnation. He attributes this partly to technological advances boosting productivity while limiting labor’s bargaining power, fueling political and social pressures for change.
Interestingly, he also discusses tariffs as a potential tool for the U.S. to compensate for its reserve currency status and global economic role.
He underscores the importance of understanding American financial history to grasp current challenges and future trajectories, suggesting that knowledge is the best defense against economic headwinds.
Chris Whan’s insights paint a picture of a global monetary system in flux, with significant implications for nations and individuals alike. His book, Inflated Money, Debt, and the American Dream, further explores these themes, offering a conservative perspective on U.S. economic history and policy.
To fully grasp the depth of his analysis and prepare for the road ahead, we highly recommend watching the full interview on VRIC Media. It’s a vital conversation for anyone looking to understand the forces shaping our financial future.
The Groundwork for the New Economic System
The Groundwork for the New Economic System
Gregory Mannarino: 8-27-2025
Do you ever get the feeling that the economic and political gears are grinding in a way that feels… intentional? That what’s happening isn’t just a series of random events, but part of a much larger, orchestrated transition?
Financial analyst Gregory Mannarino isn’t just watching the news; he’s dissecting a profound, and he argues, deliberate transition towards a new systemic order.
The Groundwork for the New Economic System
Gregory Mannarino: 8-27-2025
Do you ever get the feeling that the economic and political gears are grinding in a way that feels… intentional? That what’s happening isn’t just a series of random events, but part of a much larger, orchestrated transition?
Financial analyst Gregory Mannarino isn’t just watching the news; he’s dissecting a profound, and he argues, deliberate transition towards a new systemic order. In his latest thought-provoking video, Mannarino lays bare a critical analysis of our current landscape, revealing how the very structure of our society is being reshaped right before our eyes.
One of the most striking insights Mannarino presents is the idea that the current system is strategically engineered to foster dependency. By making us deeply reliant on the existing framework, the architects of this change are, in his view, paving the way for a smoother, albeit unsettling, shift into a new economic and political structure.
These aren’t isolated incidents; Mannarino frames them as interconnected components of a grand design, all serving to facilitate the move to a different framework.
But perhaps the most profound transformation Mannarino discusses is what he calls the “final act” in a broader series exploring systemic changes. This refers to the accelerating fusion of corporate power with government authority.
Imagine a world where the lines between immense corporate entities and the governing bodies are not just blurred, but virtually erased. This isn’t merely collaboration; it’s a deep, systemic integration that has enormous implications for our freedoms, our economy, and the very fabric of society. This convergence signifies a shift of immense proportions, fundamentally altering who holds power and how decisions are made.
Mannarino stresses that his analysis isn’t a one-off warning; it’s a comprehensive series, with each part building upon previous insights to create a complete understanding of this evolving landscape. He urgently encourages viewers to engage deeply, as piecemeal understanding simply won’t suffice.
However, he expresses concern that only about a quarter of his audience is actively absorbing the full scope of this critical information. In an era where information overload is common, it’s easy to skim the surface. But Mannarino’s message is clear: understanding this evolving landscape isn’t just academic; it’s crucial for preparing for future realities shaped by these transformative forces.
This isn’t just a forecast; it’s a critical juncture in systemic evolution. Mannarino’s call to deeper engagement serves as both a warning and an invitation to equip yourself with the knowledge needed to navigate the profound changes ahead.
Ready to dive deeper and understand the true forces at play?
Iraq Economic News and Points To Ponder Thursday Afternoon 8-28-25
Maximizing Revenue
Economic 08/28/2025 Abdul Zahra Muhammad Al-Hindawi When I say that the Iraqi economy is still unilateral and moving on one foot,I do not consider myself the discoverer of electricity, which still represents Iraq's first story! Rather,
everyone knows and acknowledges this, as the non-oil sectors are still crawling on their seats and have not recorded a notable presence in the economic scene, at a time when the state has no choice but to move towards maximizing its revenues, in light of the escalation of expenditures to the point that oil revenues are no longer able to meet the requirements of that spending, whether operational or investment.
So, how can we find other resources to support the budget and thus reduce our dependence on oil?
Maximizing Revenue
Economic 08/28/2025 Abdul Zahra Muhammad Al-Hindawi When I say that the Iraqi economy is still unilateral and moving on one foot,I do not consider myself the discoverer of electricity, which still represents Iraq's first story! Rather,
everyone knows and acknowledges this, as the non-oil sectors are still crawling on their seats and have not recorded a notable presence in the economic scene, at a time when the state has no choice but to move towards maximizing its revenues, in light of the escalation of expenditures to the point that oil revenues are no longer able to meet the requirements of that spending, whether operational or investment.
So, how can we find other resources to support the budget and thus reduce our dependence on oil?
Maximizing revenues necessarily leads to increased financial resources through economic diversification.
The five-year development plan for the years 2024-2028 talks about its goal of raising the contributions of the agriculture, industry and tourism sectors to rates ranging between 2-4%, and improving the collection of direct and indirect taxes, which will contribute to achieving an amount of 79 trillion dinars over five years, compared to more than 600 trillion dinars representing oil revenues, which is a very small percentage.
Hence, it is imperative that all state institutions strive diligently to search for sources to maximize their revenues.
However, this maximization should not be at the expense of the people, and this maximization
should not go entirely to the public treasury (Ministry of Finance).
Rather, there must be an incentive for the entity that has succeeded in finding sources to maximize its resources, so that it has a share of these resources, which it can invest in maintenance, or in developing the resource itself, or granting incentive bonuses to its workers, so that this will be an incentive for others to strive diligently. On this path.
Perhaps among the sources of maximizing the state’s resources are addressing tax evasion, simplifying procedures, controlling border crossings, and investing in infrastructure and strategic projects, such as the development road, the Grand Faw Port project, airports, industrial and economic cities, and most importantly, strengthening, encouraging, and improving partnerships with the private sector, especially after the establishment of the Special Council to manage and develop this sector.
Naturally, this also necessarily requires developing the financial and banking sector,
in addition to adopting a digital transformation policy to increase sales, without forgetting the importance of improving human resources management, as it is the main driver and guide for all paths. Development. https://alsabaah.iq/119693-.html
The Ministry of Planning announces the adoption of a mechanism to combat counterfeit gold on a large scale. Buratha News Agency1632025-08-27
The Ministry of Planning announced on Wednesday the adoption of a mechanism to combat counterfeit gold on a large scale, while indicating that the counterfeit gold pieces leaking into the markets do not pose a significant risk.
The spokesperson for the Ministry of Planning, Abdul Zahra Al-Hindawi, told the official agency that “the Central Organization for Standardization and Quality Control in the Ministry of Planning is the body responsible for following up on the granting of licenses to practice goldsmithing and the marking of gold jewelry, where the marking is done through the presence of inspection units at airports (Baghdad Airport, Najaf Airport, Basra Airport, and Kirkuk Airport),” indicating that “these units affiliated with the Central Organization for Standardization and Quality Control inspect and mark any gold shipment entering Iraq directly at the airport, after which a license is granted for trading in the markets.”
He added, "There are committees from the Central Agency for Standardization and Quality Control that conduct continuous visits to inspect goldsmith shops and ensure that the gold in circulation is sound gold, marked with the agency's stamp and is not adulterated. In the event that any violation is detected, such as the presence of adulterated gold or otherwise, legal measures are taken or the violator is referred to the judiciary to take legal action against him."
He explained that "this mechanism has been able to contribute significantly to combating adulterated gold, but there may be some gold pieces that are leaked into the markets and do not pose a significant risk, and they are quickly discovered, even by consumers themselves."
Al-Hindawi also pointed out that "the agency's teams are continuing their work in this area, whether through airport inspections or monitoring goldsmiths' shops. In addition, there are other regulatory bodies, not just the Ministry of Planning, that are concerned with market and economic issues and monitor gold." He noted that "gold represents a significant economic sector, and it is very important that this commodity be monitored extensively and continuously."
https://burathanews.com/arabic/economic/464337
Kurdistan deposits 120 billion dinars of non-oil revenues into the federal finance account.
Economy | 08/28/2025 Mawazine News – Baghdad The Ministry of Finance of the Kurdistan Regional Government deposited 120 billion dinars of non-oil revenues into the account of the federal Ministry of Finance.
According to a source in the Ministry of Finance of the regional government, it was explained that "the ministry began yesterday, Wednesday, the procedures for depositing the amount, which were completed today," noting that the amount was deposited into the account of the federal Ministry of Finance at the Erbil branch of the Central Bank of Iraq.
The source added that the Kurdistan Region has fulfilled all its obligations towards Baghdad, and all that remains is for Baghdad to finance the June salaries of the Kurdistan Region's employees in accordance with the agreement.
The Iraqi Council of Ministers had approved on (August 26, 2025) the Ministry of Finance's disbursement of the salaries of the Kurdistan Region for the month of June 2025, "with the regional government paying (120) billion dinars as an installment for non-oil revenues, according to the text of Council of Ministers Resolution No. 636 of 2025."
The Council instructed the joint committees to continue their work and directed the "formation of a legal team" comprising the Prime Minister's legal advisor and the heads of legal departments in the General Secretariat of the Council of Ministers, the Ministry of Finance, and the Federal Board of Supreme Audit, in coordination with representatives of the Kurdistan Regional Government, to "resolve legal disputes related to non-oil revenues, in accordance with the law."
Over the past four months, Kurdistan Region employees have received only one salary: the May salary, which was disbursed on July 24. https://www.mawazin.net/Details.aspx?jimare=265851
Central Bank: Iraq imported goods worth $87 billion in 2024.
Economy | 08/28/2025 Mawazine News – Baghdad The Central Bank revealed the value of Iraq's imports of goods from abroad during 2024.
The bank stated in a statistic monitored by Mawazine News that the value of goods imported from outside Iraq during 2024 amounted to $87 billion.
The bank indicated that "the value of imported goods amounted to $87.410 billion, an increase of 32.78 percent compared to 2023, when the value of Iraqi imports amounted to $65.826 billion."
It indicated that "Asian countries came first in terms of the value of imports, which amounted to $59.045 billion, followed by Western European countries with a value of $11.058 billion."
He added that the statistics showed that "Arab countries came third with a value of $9.073 billion, South American countries came fourth with a value of $4.082 billion, and North American countries came fifth with a value of $2.736 billion."
The bank explained that imports from Eastern Europe amounted to $1.031 billion, from Oceania countries $140 million, from non-Arab African countries $131 million, and finally from Central American countries $114 million.
The bank continued that the most important imports included transportation equipment and machinery worth $33.653 billion, followed by miscellaneous goods worth $13.811 billion, manufactured goods worth $9.965 billion, mineral fuels worth $8.566 billion, and food products worth $4.720 billion. https://www.mawazin.net/Details.aspx?jimare=265872
A Government Bank Launches An Account Statement Service For Visa Purposes.
Banks Economy News – Baghdad Rafidain Bank announced today, Thursday, the launch of its account statement service for visa purposes via the Ur portal, as part of its ongoing efforts to streamline procedures and develop its services.
In a statement received by Al-Eqtisad News, the bank stated that, "In line with its plans to simplify procedures and enhance the path of continuous development, and in cooperation with the Information Technology Department at the Ministry of Finance, the account statement service for visa purposes has been launched via the Ur Government Services Portal."
He added, "The service aims to enable customers to obtain a bank statement detailing their financial transactions and verify their financial capacity when applying for travel visas, in accordance with the requirements of several embassies and relevant authorities, and in a simple and quick electronic manner that reduces the need for direct review."
The bank confirmed that "this service is available to customers who have current, savings, or deposit accounts and whose salaries are domiciled with the bank. Customers must provide identification documents, a national ID card, and an electronic payment card (MasterCard), in addition to accurately entering data and uploading documents to successfully complete the application." https://economy-news.net/content.php?id=59361
The Dollar Exchange Rate Stabilized At 142,200 Dinars.
Economy | 12:18 - 08/28/2025 Mawazine News - Baghdad: The dollar exchange rate stabilized on the two main stock exchanges in Baghdad, Al-Kifah and Al-Harithiya, recording 142,200 dinars per $100, the same rate as yesterday, Wednesday.
Selling prices at exchange shops in local markets in Baghdad remained stable, with the selling price reaching 143,250 dinars per $100, and the buying price reaching 141,250 dinars per $100. https://www.mawazin.net/Details.aspx?jimare=265854
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Thursday Afternoon 8-28-25
Good Afternoon Dinar Recaps,
BRICS De-Dollarization Reversal: Focus Shifts to Local Currency Trade
The bloc abandons near-term plans for a unified BRICS currency, instead prioritizing local currency settlements and bilateral trade mechanisms.
Shift Away From a Unified Currency
The BRICS de-dollarization strategy has undergone a notable shift. Once expected to launch a single unified currency to rival the U.S. dollar, member states are now focusing on local currency trade systems and strengthening bilateral trade relationships.
Good Afternoon Dinar Recaps,
BRICS De-Dollarization Reversal: Focus Shifts to Local Currency Trade
The bloc abandons near-term plans for a unified BRICS currency, instead prioritizing local currency settlements and bilateral trade mechanisms.
Shift Away From a Unified Currency
The BRICS de-dollarization strategy has undergone a notable shift. Once expected to launch a single unified currency to rival the U.S. dollar, member states are now focusing on local currency trade systems and strengthening bilateral trade relationships.
This marks a reversal of earlier ambitions, reflecting a more measured, risk-averse approach to challenging the dollar’s dominance.
Putin Softens His Position
Russian President Vladimir Putin, once the strongest advocate for a BRICS common currency, has tempered his stance.
At the 2024 Kazan summit, he was seen holding a prototype BRICS banknote called the “Unit.” But more recent remarks suggest the bloc’s goals are narrower:
“The bloc’s goal was not to break away from the U.S.-dominated SWIFT financial system entirely, but rather to reduce the Dollar’s ‘weaponisation’ and promote the use of local currencies for trade between the BRICS members.”
Brazil Confirms No 2025 Currency Timeline
As BRICS president, Brazil confirmed there is no immediate timeline for a unified BRICS currency.
The Rio de Janeiro summit declaration (July 2025) outlined broad cooperation but omitted any currency launch dates.
This caution reflects concerns over market volatility, especially after President Trump’s return to the White House, which triggered currency depreciation across the yuan, ruble, real, rupee, and rand.
India Pushes Back on De-Dollarization
India has taken the firmest position against aggressive de-dollarization.
Foreign ministry spokesperson Randhir Jaiswal stated:
“De-dollarisation is not part of India’s financial agenda.”
Instead, India advocates a “derisking” strategy:
Expanding trade in local currencies (e.g., deals with Russia, UAE, Maldives).
Diversifying trade partners.
Building alternative payment systems to reduce currency conversion risks.
Focus on Practical Mechanisms
With ambitions scaled back, BRICS is emphasizing realistic financial tools:
BRICS Pay digital payment platform.
New Development Bank as a financial stabilizer.
Bilateral trade settlements in national currencies.
This gradualist approach underscores the bloc’s recognition that a radical break from dollar-based finance could destabilize global markets, while local mechanisms offer measured, sustainable progress.
Key Takeaway
BRICS has pulled back from its boldest de-dollarization ambitions, shifting from a unified currency plan to localized trade solutions. By emphasizing stability and bilateral currency use, the bloc signals pragmatism — prioritizing gradual financial diversification over abrupt confrontation with the dollar.
Strategic Implications
Dollar Challenge Delayed: The U.S. dollar’s global dominance faces no immediate threat, but localized settlements still chip away at its monopoly in trade finance.
India as Power Broker: New Delhi’s push for “derisking” positions it as a moderating force, balancing ambition with market stability.
Global Reset in Motion: Even without a BRICS currency, incremental steps toward local trade settlements lay the foundation for alternative financial infrastructures that could reshape global markets in the long run.
@ Newshounds News™
Source: Watcher Guru
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News, Rumors and Opinions Thursday 8-28-2025
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. 28 Aug. 2025
Compiled Thurs. 28 August 2025 12:01 am EST by Judy Byington
Judy Note: A big part of worldwide operation dealt with freeing People of The World from control of our Global Monetary System – which had put us in deep debt while running on fiat currency. This was in the works via a Global Currency Reset. There were 209 nations (allegedly) converting their currencies to gold/asset-backed that would trade at a 1:1 with each other.
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. 28 Aug. 2025
Compiled Thurs. 28 August 2025 12:01 am EST by Judy Byington
Judy Note: A big part of worldwide operation dealt with freeing People of The World from control of our Global Monetary System – which had put us in deep debt while running on fiat currency. This was in the works via a Global Currency Reset. There were 209 nations (allegedly) converting their currencies to gold/asset-backed that would trade at a 1:1 with each other.
In preparation Trump has(allegedly) been taking back US owned gold from around the World – the largest find was 650 plane loads from beneath the Vatican.
Rumor was that Trump will announce activation of NESARA/GESARA on Mon. 1 Sept. 2025.
The Emergency Broadcast System on Telegram stated: Once 90% compliance is reached — expected by September 15, 2025 — citizens (allegedly) will be publicly transitioned into the QFS.
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Tues. 26 Aug. Bruce Call:
They would like those in Tier4b (us, the internet group) to set up our currency exchange appointments within 48-78 hours (2-3 days) after the 800 number is out.
You will have 2-3 weeks to do your exchange once the 800 number is out.
Appointments should take 30-40 min.
DOGE Checks should (allegedly) start the first week in Sept.
We will (allegedly) get back money we paid out to the bank for Lines of credit, interest paid on mortgages and cars and money paid to the IRS for taxes.
There are around 29,000 Zim Holders, 2 million currency holders across the World.
The US Treasury was expecting to get an email from the DOD at 9 am tomorrow Wed. 28 Aug. telling them if the green light has been given.
Bond Holders, Core groups and the Admirals group was supposed to be notified that the DOD has given the green light at that same time: 9 am tomorrow Wed. 28 Aug.
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Global Financial Situation:
Explaination of NESARA Bill by daughter of the Bill’s author: NESARA AT THE LOUISIANA STATE CAPITOL 2025
Read full post here: https://dinarchronicles.com/2025/08/28/restored-republic-via-a-gcr-update-as-of-august-28-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Jeff All of the steps of global financial integration is also happening around the same time that we're pulling the troops out...We're going to have the troops pulled out from all federal government level bases and areas like the Green Zone and Baghdad permanently on September 15th. The bases will be vacated...That is the United States positioning for Iraq to
revalue...
Mnt Goat Article: "AN ECONOMIST PREDICTS THE NEXT GOVERNMENT WILL CHANGE THE DOLLAR EXCHANGE RATE, AND EXPLAINS THE REASONS" Quote: "the salary bill accounts for the largest portion of oil revenues, leaving little for upgrading infrastructure or basic services." This is why the US is requiring Iraq to diversify its economy and get off the sole revenue source of oil. Oil fluctuates so much. This is why Iraq must get off the petro dollar...The real source is the petro dollar and sole peg of the dollar to the dinar...But what do they then peg the dinar to if not the dollar? The IMF already has a basket of currencies for the new peg. But this peg coincides with a reinstatement, it can’t be done unless the currency is traded globally.
Sandy Ingram Syria is revaluing its currency and dropping two zeros. This talk has been around for a long time for Iraq but Syria is actually doing it. There's one slight problem. Russia has been elected to ...print the currency...Russia is under international sanctions and that means some countries may not trade the Syrian pound...This dropping two zeros is big business...They'll have a new currency. Both currencies will be in operation from December 8th to the last part of 2026. We can only hope Iraq will draft the same type of revalue.
************
Massive Property Tax Fraud Exposed - $5.1 Trillion Bond Scam Will Crash System
Daniela Cambone: 8-27-2025
“I started noticing something was off in home appraisals,” says Mitch Vexler, whistleblower and expert on property valuations. He tells Daniela Cambone:
“They were inflating property values to jack up taxes, and that was feeding into trillions in school bond debt that I believe will spiral.”
On the scope of the problem, Vexler is blunt: “We’re talking about $5.1 trillion in school bonds that are based on these inflated appraisals. That’s massive—this is a ticking time bomb for local governments and taxpayers alike.”
He warns of consequences for the bond market: “School districts are relying on this debt, and if the real numbers catch up, there’s no way they can sustain these payments.
We’re looking at a potential collapse if nothing changes.”
Thursday Coffee with MarkZ, joined by Zester. 08/28/2025
Thursday Coffee with MarkZ, joined by Zester. 08/28/2025
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: Howdy and good morning to Mark, Mods, Zester, and everyone
Member: Looking forward to the upcoming 3 day weekend!
Member: Are they slow rolling the release?
Thursday Coffee with MarkZ, joined by Zester. 08/28/2025
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: Howdy and good morning to Mark, Mods, Zester, and everyone
Member: Looking forward to the upcoming 3 day weekend!
Member: Are they slow rolling the release?
MZ: Everything I heard is things have sped up to get us off “stuck”
Member: Any news from your groups/bonds you mentioned for Thursday?
MZ: There are rumors that Indian Nations money has been positioned and paid and they are ready for disbursement to their people. I’ve reached out to a few elders but still not sure how accurate it is. If true this would tell us how close we are.
MZ: I am waiting to hear something solid from group contacts …but lots of rumors its going now…or tonight or yesterday.
Member: There are rumors that the rumors are real…lol
Member: What tier are the Indian Nations in?
Member: From last year: There are 5 Tiers of folks Exchanging. Tier 1-governments and royalty Tier 2-whales-elite with platforms of currency, corporations, etc. Tier 3-Admirals Group, American Indians, CMKX, large church groups (like the Mormons), etc. Tier 4-all the hundreds of thousands paying attention to intel - internet groups(all of us). Tier 5- those who never paid attn - the general public.
Member: Spoke to our 2nd chief of my tribe, he has not heard of anything yet.
Member: I'm sure you have heard but the CBI website has been down over two hours for "maintenance"...
Member: CBI website is down! Are they changing the rate?
Member: Hoping and praying they are.
MZ: There is an Iraqi video out talking about ascension to the WTO. In short it says they have completed the World Trade Organization ascension process. Many believe their will be a new value on the dinar on the eve of that day.
MZ: “ Erbil deposits 120 billion dinars of its non-oil revenues in Baghdad’s treasury” This is another huge piece for us. They are moving forward with oil and gas deliveries.
MZ: “Washington sends its expert man to Baghdad. What is behind the appointment of Josh Harris as Charge’ de’ Affaires of the US Embassy?” the man we had before was doing double duty both in Yemin and Iraq- going back and forth. The Trump administration pulled out their “hard hitter” for Iraq to get things done . He is very well respected in the region. They need him to finish getting out all Iranian ties and a new value for the dinar. They are ready to get things done. IMO
MZ: “Chairman if the Securities commission: Iraq is steadily moving towards building an advanced economy.” This is part of their “White Paper” reforms.
Member: Isnt the Iraq election in October and wouldn’t it behoove Sudani to pull this now so he is indeed reelected for another term??? Hope it happens in September.
Member: I wonder- will the USN come out before we RV or at the same time?
Member: I had 2 wealth managers from 2 different banks we use reach out to me out of the blue yesterday trying to set an appt with us
Member: I am going to feel pretty defeated if this does not go over the next week. Hope that is not the case.
Member: It will happen suddenly …and this weekend….3 day weekend looks promising.
Zester joins the stream today. Please listen to the replay for his information and opinions on the Genius Act, AI, The Financial Reset and Blockchain technology.
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=z-SRafY5NZ0
MilitiaMan and Crew: Iraq Dinar News Update-REER Support-$500 Billion-K2-Rafidain
MilitiaMan and Crew: Iraq Dinar News Update-REER Support-$500 Billion-K2-Rafidain
8-28-2025
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……..
MilitiaMan and Crew: Iraq Dinar News Update-REER Support-$500 Billion-K2-Rafidain
8-28-2025
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……..
Seeds of Wisdom RV and Economic Updates Thursday Morning 8-28-25
Good morning Dinar Recaps,
112 Crypto Companies Urge Senate to Protect Developers in Market Structure Bill
Coinbase, Kraken, Ripple, a16z, and others press lawmakers to safeguard non-custodial services and open-source developers in upcoming legislation.
Good morning Dinar Recaps,
112 Crypto Companies Urge Senate to Protect Developers in Market Structure Bill
Coinbase, Kraken, Ripple, a16z, and others press lawmakers to safeguard non-custodial services and open-source developers in upcoming legislation.
Coalition Calls for Clear Protections
A coalition of 112 crypto companies, investors, and advocacy groups has urged the U.S. Senate to include explicit protections for software developers and non-custodial service providers in the pending digital asset market structure bill.
The letter, sent Wednesday to the Senate Banking and Agriculture Committees and led by the DeFi Education Fund, emphasized that the industry spoke “with one voice.” It warned that without protections, developers could be wrongly classified as financial intermediaries under outdated regulatory frameworks.
“Provide robust, nationwide protections for software developers and non-custodial service providers in market structure legislation. Without such protections, we cannot support a market structure bill,” the letter stated.
Signatories include Coinbase, Kraken, Ripple, a16z, Uniswap Labs, and nearly every major U.S. crypto lobbying group, from the Blockchain Association to the Chamber of Digital Commerce.
Regulatory Uncertainty Driving Talent Abroad
Industry leaders cautioned that without strong safeguards, the U.S. risks losing ground in open-source blockchain development.
Citing Electric Capital data, the letter highlighted a steep decline in America’s share of blockchain developers, falling from 25% in 2021 to just 18% in 2025 — a trend largely attributed to regulatory uncertainty.
To prevent innovation from leaving the country, the coalition called for explicit federal protections that would:
Shield blockchain developers from misclassification.
Prevent conflicting state-level regulations.
Build on the bipartisan momentum seen in the CLARITY Act, which passed with overwhelming support.
Legislation Timeline
Senator Cynthia Lummis announced last week that a digital asset market structure bill is expected to reach President Donald Trump’s desk by year-end.
September: Senate Banking Committee review
October: Senate Agriculture Committee review
Ahead of Thanksgiving: Possible Senate vote and delivery to the President
The bill will also clarify how the SEC and CFTC divide oversight of crypto markets, a long-standing point of contention in U.S. regulation.
@ Newshounds News™
Source: Cointelegraph
~~~~~~~~~
Kraken Meets With SEC Crypto Task Force to Discuss Tokenized Stocks and Bonds
Exchange giant explores U.S. regulatory framework for trading tokenized equities and ETFs, as traditional exchanges push back.
Kraken’s Tokenization Proposal
Kraken, one of the largest U.S.-based crypto exchanges, met this week with the SEC’s Crypto Task Force to discuss its proposal for a tokenized trading system.
A filing with the SEC shows the meeting focused on potential legal and regulatory frameworks for offering tokenized versions of traditional financial assets — including stocks, bonds, and ETFs — to U.S. investors.
This comes just months after Kraken unveiled its international plans to launch tokenized securities in select non-U.S. markets.
Global Expansion With Tokenized Equities
In May, Kraken announced a partnership with Backed, a tokenized equities issuer, to launch xStocks on the Solana (SOL) blockchain.
xStocks provides tokenized versions of U.S.-listed equities and ETFs.
The project is initially targeting non-U.S. clients, taking advantage of more flexible regulatory environments abroad.
Kraken hopes to eventually bring a regulated version of these offerings into the U.S. market.
Pushback From Traditional Exchanges
The initiative comes at a time when traditional stock exchanges are lobbying regulators to impose strict limits on tokenized equities.
The World Federation of Exchanges (WFE), representing global exchanges and clearing houses, sent a letter to the SEC last week outlining concerns.
WFE CEO Nandini Sukumar criticized tokenized stocks as a potential risk to investors:
“What we are seeing is a blatant attempt to circumvent regulation, with some firms seeking ‘no action’ relief from regulators or deliberately operating through legal grey areas. Most concerning is the risk to retail investors, who may be misled into believing they hold the same rights and protections as traditional shareholders. In many cases, they do not. Investor protection must remain paramount, and regulation must evolve to ensure that new technologies are not used as a mask for risk and opacity.”
Regulatory Crossroads
The SEC faces a critical decision point:
Allow tokenized equities under strict new rules, potentially opening U.S. markets to blockchain-based securities.
Maintain restrictions under pressure from traditional exchanges, which argue tokenization could undermine investor protections.
Kraken’s discussions highlight the growing tension between innovation in blockchain finance and the preservation of traditional market safeguards.
Key Takeaway
Kraken’s push to tokenize stocks and ETFs in the U.S. puts regulators at a crossroads: embrace blockchain-based securities with new safeguards, or restrict them to preserve traditional investor protections. The outcome will shape the future of tokenized finance in America.
@ Newshounds News™
Source: Daily Hodl
~~~~~~~~~
Europe in Ruins: Why the ECB Won’t Save It This Time
Despite years of massive money printing, the eurozone is sinking into stagnation, debt dependency, and economic decline — leaving the European Central Bank powerless to stop the collapse.
A Systemic Crisis Across Europe
It’s not just France under François Bayrou that faces trouble — the entire eurozone is trapped in a systemic crisis. The European Central Bank (ECB), once hailed as the continent’s financial backstop, now finds its tools blunt.
Unlike in 2008, when monetary expansion provided temporary relief, the ECB’s latest injections have created a vicious cycle of stagnation and unsustainable debt that the printing press can no longer solve.
Monetary Expansion Without Growth
ECB data shows that in June 2025, the M2 money supply of the eurozone rose to €15 trillion, up 2.7% year-over-year.
Yet, this expansion delivered almost no real growth, a stark contrast to the U.S., where 4.5% monetary growth still produces ~2.5% GDP growth.
This gap reveals a structural failure:
ECB liquidity fuels unproductive public spending instead of private investment.
States become dependent on ECB bond purchases, depriving the private sector of financing.
Europe’s economic system increasingly resembles a “monetary drip” keeping stagnant economies alive.
The Printing Press as Poison
The ECB’s policies have created a crowding-out effect:
Governments absorb new liquidity, starving entrepreneurs of credit.
Unproductive companies survive thanks to artificially low rates.
Innovative firms struggle, weakening Europe’s long-term competitiveness.
This has led to the “zombification” of Europe’s economies, where outdated structures survive while innovation is suffocated.
The ECB as Fiscal Enabler
The ECB has drifted from its mandate of price stability, instead prioritizing the financing of sovereign debt.
This shift effectively turns the ECB into a fiscal policy instrument, propping up states while ignoring inflation risks.
History warns against this approach: between 1970 and 2011, despite central bank dominance, the world experienced 147 banking crises. Central banks often delay crises but amplify their severity — a cycle the ECB now replicates on a continental scale.
The Dependency Trap
Europe is now caught in a monetary dependency spiral:
Governments depend on ECB refinancing to survive.
ECB bond purchases enable irresponsible fiscal spending.
Economic capacity erodes, making states even more reliant on ECB support.
This cycle is unsustainable. By 2024, global public debt hit $102 trillion, with Europe among the most concerning cases. The continent now generates too little wealth to justify its debt levels. Only continuous ECB money creation maintains the illusion of solvency.
Bitcoin as an Alternative?
The failure of large-scale quantitative easing in Europe underscores the limitations of central bank-driven policies.
Sooner or later, Europe will be forced to confront reality:
Drastic structural reforms — not perpetual monetary injections — are required to restore competitiveness.
In this context, Bitcoin and decentralized assets may emerge as credible alternatives that governments cannot manipulate.
Key Takeaway
The eurozone is trapped in a cycle of debt dependency and stagnation that ECB money printing can no longer mask. Without radical reforms, Europe risks systemic collapse — opening the door for decentralized alternatives like Bitcoin to gain legitimacy as a safeguard against monetary failure.
@ Newshounds News™
Source: Cointribune
~~~~~~~~~
XRP Expands in Asia as Linklogis Taps Ledger for $2.9B Supply Chain
China’s leading fintech firm selects XRPL to power its global supply chain finance platform, unlocking liquidity through tokenization.
XRPL Partners With Linklogis
XRP has secured a major win in Asia after Chinese fintech giant Linklogis announced a partnership with the XRP Ledger (XRPL).
The deal will see Linklogis integrate its supply chain finance platform onto the XRPL mainnet, enabling the circulation and cross-border settlement of digital assets tied to real-world trade flows.
Through the collaboration, trade assets such as invoices and receivables will be tokenized, giving businesses faster access to liquidity while boosting efficiency in global trade finance.
Driving $2.9B in Trade Assets
Linklogis is already a powerhouse in supply chain finance. In 2024, the firm processed RMB 20.7 billion ($2.9 billion) in cross-border assets across 27 countries.
By leveraging XRPL, Linklogis aims to:
Expand business access to funding.
Enhance transparency in trade financing.
Streamline settlements for exporters, importers, and financiers.
The collaboration will also explore stablecoins, smart contracts, and AI integration — broadening innovation in real-world asset (RWA) tokenization within supply chains.
XRPL’s Growing Global Footprint
The partnership strengthens XRP’s reputation as a leader in tokenized finance:
In the past month, XRPL’s tokenized RWA volume grew 22.81%, reaching $305.8 million, ranking it the ninth-largest blockchain by RWA value.
In May 2025, the Dubai Land Department adopted XRPL for real estate tokenization.
Across Latin America (notably Mexico, Brazil, and Argentina), XRP is increasingly used to reduce reliance on the U.S. dollar in cross-border trade.
This rapid adoption signals rising confidence in XRP Ledger as global financial infrastructure, especially in emerging markets looking for alternatives to traditional currencies.
Key Takeaway
XRP’s partnership with Linklogis marks a pivotal step in Asia’s digital finance evolution, embedding XRPL into a $2.9B supply chain platform. With expanding use cases in trade, real estate, and tokenized assets worldwide, XRP is positioning itself as a backbone for the next era of global settlement.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
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Iraq Economic News and Points To Ponder Thursday Morning 8-28-25
Central Bank: Gold Enhances Stability, Debt Constrains Budget
Baghdad Today – Baghdad In a country where crises alternate between politics and finance, the structure of the Central Bank of Iraq's assets reveals a deeper picture than mere ratios and numbers.
The assets, which alternate between gold, securities, and government receivables, are not simply bank accounts; they reflect the trajectory of a state seeking stability amid internal and external storms, according to experts.
Central Bank: Gold Enhances Stability, Debt Constrains Budget
Baghdad Today – Baghdad In a country where crises alternate between politics and finance, the structure of the Central Bank of Iraq's assets reveals a deeper picture than mere ratios and numbers.
The assets, which alternate between gold, securities, and government receivables, are not simply bank accounts; they reflect the trajectory of a state seeking stability amid internal and external storms, according to experts.
Manar Al-Obaidi, an economic expert, explained in a post on his Facebook page, followed by Baghdad Today, that securities, despite maintaining their leading position at 27% in 2025, declined from their previous share of 37% in 2022.
This decline is interpreted by analysts as a loss of one of the liquidity tools that gives banks immediate flexibility in the face of pressures.
In contrast, gold jumps from 6% to 12.6%, representing a shift towards "solid security,"a move that observers see as reflecting deep concern about the fragility of markets and a desire to seek refuge in the indestructible metal.
But the picture is not complete without mentioning the deposits of other banks, which have risen to 26%, giving the Central Bank greater maneuverability at a time when the Ministry of Finance's dues still account for nearly a quarter of assets.
These dues have not actually decreased, but have remained virtually constant, which analysts see as a continuation of the intertwining of monetary policy and public finances,sometimes turning the Central Bank into a larger creditor of the state itself.
The historical background reveals that this connection is not new.
Since 2003, the Central Bank has found itself at the heart of the equation for financing budget deficits, through the purchase of treasury transfers and lending to the Ministry of Finance.
The Central Bank Law, which grants it formal independence, has not prevented practical interference,
making government receivables a structural gap that is difficult to fill.
Not far from this, loans to finance small and medium enterprises increased from 5% to 7%,
which experts see as a glimmer of hope for a development trend that requires monitoring and guarantees,
for fear that it could become a new burden on assets if these projects are unable to repay.
Foreign investments and deposits in foreign banks declined from 62% to 53%, revealing a reallocation inward through gold and quidity, but also a loss of a portion of the regular returns previously provided by foreign markets.
A gradual reading of these figures suggests that the Central Bank is attempting to balance financial security with investment, but it is encountering a fundamental obstacle: more than a third of its assets are made up of loans and liabilities, making the sustainability of its monetary structure
dependent on the obligations of other parties, most notably the Ministry of Finance.
In conclusion, it is clear that the central bank's structure remains captive to the weight of government debt, despite diversification attempts.
Gold and liquidity provide an additional margin of safety, but this is insufficient unless these transformations are accompanied by a clear strategy that decouples the structural link between monetary and fiscal policy and restores the flexibility of the monetary institution as a guardian of stability.
Source: Economic expert Manar Al-Obaidi's Facebook page + Baghdad Today + Agencies
https://baghdadtoday.news/281891-.html
International Development Bank Launches Iraq’s First Smart Branch
Business Iraq Jawad Al-Samarraie August 27, 2025 An interior shot of a modern, technology-focused bank branch Baghdad (IraqiNews.com) – The International Development Bank (IDB), one of Iraq’s largest and leading private banks, announced today, Wednesday (August 27, 2025), the launch of the country’s first smart branch.
The new branch will allow customers to complete all banking transactions without needing staff, 24/7,
a move that highlights the bank’s commitment to digital transformation and innovation in Iraq’s banking sector.
According to a statement from the bank, the new smart branch is located
within the IDB’s general administration building on Abu Nuwas Street in Baghdad.
It offers a fully integrated digital banking experience, enabling individuals, companies, investors, and content creators to conduct a wide range of transactions in minutes.
Services include opening accounts, deposits, Withdrawals, issuing checkbooks and banking cards, and transferring funds. The branch also provides innovative services like buying gold ounces, printing account statements,
settling loans, and receiving payments for content creators.
In addition to self-service options, customers can speak directly with customer service representatives via audio and video to ensure a more interactive and flexible banking experience.
Wissam Al-Ameri, the head of the marketing department at the IDB, stated that the launch of the smart branch reflects the bank’s commitment to prioritizing customers by providing innovative and easy-to-use solutions.
He believes this step is a qualitative leap in banking services in Iraq and reinforces the bank’s position as a leader in digital innovation. https://www.iraqinews.com/business/international-development-bank-smart-branch-iraq/
Consensus On The Inevitability Of Strategic Planning And Digitization Of Financial Operations
Economic 08/28/2025 Baghdad: Hussein Thaghab Participants in the forum, organized by Bayt Al-Hikma Consulting in cooperation with the German GIZ organization, emphasized the importance of strategic planning and digitization in enhancing government and economic performance.
They emphasized that these elements represent essential pillars for Iraq's advancement and transition to a new phase in line with global developments in various service and production sectors.
Participants explained that the government is currently working to implement serious initiatives aimed at achieving a qualitative leap in the level of public services and improving economic performance,
while leveraging advanced technology to enhance the exploitation of the country's natural and human resources, enabling comprehensive and sustainable development across all sectors.
In his speech at the forum, Chairman of the Securities Commission, Faisal Al-Haimus,emphasized that
strategic planning, informed leadership, and digitization are not an option, but rather an urgent necessity.
He pointed out that planning provides the foundation for a promising future and enables ambitious leadership to achieve positive results that enhance the work reality and contribute to propelling the country toward safety.
Al-Haimus emphasized that digitization is a national project that enhances performance efficiency, supports transparency, and opens broader horizons for financial inclusion that serves all segments of society.
He pointed out that building institutions, creating a ladder for development, and achieving general renaissance are based on sound planning and ambitious leadership, which makes digitization a vital tool for advancing Iraq's economic and administrative reality.
****************************************
For his part, Undersecretary of the Ministry of Commerce, Sattar Al-Jabri, praised the forum, stressing that its content combined key themes that represent a priority for the government: leadership, strategic planning, and digitizing financial operations.
Speaking to Al-Sabah, Al-Jabri explained that the complementary work between these themes contributed to significant achievements in terms of simplifying procedures and improving performance.
He pointed out that digital transformation has become an absolute necessity to keep pace with global developments, and that the
Ministry of Commerce's next goal is to build an integrated financial and administrative system that
supports the national economy and raises the level of services to significant levels, while
emphasizing the importance of cooperation between the public and private sectors to achieve sustainable development.
In her speech, delivered on behalf of Dr. Ahmed Al-Dahlaki, the Minister of Finance considered the forum to be an important contribution to financial and administrative reform, noting that
the focus on building an integrated digital economy represents a key pillar of financial stability and
enhancing integration with global economies and the rapid digital transformations they are witnessing.
Al-Dahlaki explained that strategic planning must place human capital at the heart of development, and that leveraging advanced technology is essential to raising the level of performance in various institutions,whether in the public or business sectors.
He emphasized the role of digitization in raising efficiency, achieving transparency, and
facilitating financial and administrative workflows.
In turn, Hisham Khaled, CEO of Bayt Al-Hikma, told Al-Sabah that strategic planning, leading digital transformation, and expanding the base of financial inclusion are crucial to achieving a qualitative shift in the country's reality.
He pointed out that leveraging the best international experiences in this field has demonstrated the ability of strategic planning and digitization to bring about a clear renaissance in various countries, facilitate performance paths, and achieve tangible results on the ground.
Khaled explained that strategic planning represents the compass that determines the right direction and provides a solid foundation for implementing digital transformation in an integrated manner, emphasizing that
integrating modern technology at all levels of work ensures enhanced efficiency and transparency, and has a broad positive impact on government performance and services provided to citizens.
Participants noted that the government's commitment to strategic planning and digitization goes beyond improving financial and administrative performance,
but also extends to enhancing public services and creating a sustainable and resilient economic environment capable of responding to global and local challenges.
This focus is placed on building an integrated, technology-driven system that optimally utilizes human capital to achieve sustainable development goals, enhance financial inclusion, and promote economic and social stability.
The speakers emphasized that these efforts align with global trends in institutional development,
improving service efficiency, and creating a more transparent and fair work environment.
This, they said, contributes to strengthening trust between citizens and the state, laying the groundwork for economic growth, and achieving a comprehensive renaissance.
At the conclusion of the forum, everyone emphasized that strategic planning, conscious leadership, and the digitization of financial operations are not merely regulatory tools, but rather constitute the foundation for sustainable economic and social development.
They pointed out that the success in implementing these principles will bring Iraq closer to the levels reached by leading countries in the field of digital management, financial transparency, and economic inclusion, while creating an environment capable of making the most of human and natural resources, and achieving a qualitative leap in all economic sectors. And service. https://alsabaah.iq/119692-.html
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
“Tidbits From TNT” Thursday Morning 8-28-2025
TNT:
Tishwash: A gradual plan to shut down Wi-Fi in Iraq has been put in place.
The Ministry of Communications revealed on Thursday a gradual plan to shut down Wi-Fi services in Iraq.
The ministry said in a statement received by Al-Eqtisad News, that "Minister of Communications Hiyam Al-Yasiri chaired an expanded meeting that included the companies (Earthlink, Supercell, and FiberX) in the presence of the ministerial team.
During the meeting, fiber optic projects were followed up and the conversion of service subscriptions to electronic via the National Data Center (onboarding) was discussed, as well as the gradual scheduling of Wi-Fi shutdowns with the aim of converting subscribers to FTTH services."
TNT:
Tishwash: A gradual plan to shut down Wi-Fi in Iraq has been put in place.
The Ministry of Communications revealed on Thursday a gradual plan to shut down Wi-Fi services in Iraq.
The ministry said in a statement received by Al-Eqtisad News, that "Minister of Communications Hiyam Al-Yasiri chaired an expanded meeting that included the companies (Earthlink, Supercell, and FiberX) in the presence of the ministerial team.
During the meeting, fiber optic projects were followed up and the conversion of service subscriptions to electronic via the National Data Center (onboarding) was discussed, as well as the gradual scheduling of Wi-Fi shutdowns with the aim of converting subscribers to FTTH services."
The statement added that "the meeting reviewed mechanisms for expanding the fiber optic network to reach all residential areas, including villages and rural areas," noting that "these steps are part of the minister's strategy to advance the communications and information technology sector and strengthen Iraq's position in the field of digital networks in the service of the public interest." link
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Tishwash: A congressional delegation arrives in Baghdad for talks with Al-Sudani on stability and deepening relations
Prime Minister Mohammed Shia al-Sudani received a US Congressional delegation in Baghdad on Wednesday, including Republican Representative Darin LaHood and Democratic Representative Steve Cohen. During the meeting, they discussed ways to develop bilateral relations between Iraq and the United States, enhance cooperation in the energy and investment sectors, and discuss regional developments and Iraq's role in supporting dialogue and consolidating stability.
Al-Sudani's office said in a statement:
Prime Minister Mohammed Shia al-Sudani received a delegation from the US Congress today, Wednesday, including two members of the House of Representatives: Republican Darin Lahoud and Democratic Steve Cohen. They discussed developing bilateral relations and ways to enhance them in various fields.
His Excellency welcomed the visiting delegation's visit to Baghdad and commended their efforts to strengthen bilateral relations, particularly within the framework of the Strategic Framework Agreement. He also emphasized Iraq's keenness to enhance joint cooperation with the United States, particularly in the areas of energy and investment.
The situation in the region was reviewed, with the Prime Minister highlighting Iraq's firm and supportive stance toward dialogue to establish security and stability and expand the scope of the relationship to include various sectors.
For their part, the congressional delegation expressed their admiration for the progress achieved in Iraq in terms of construction and stability.
They thanked Iraq for its close cooperation in the fight against terrorism, praised the level of relations between the two countries, and considered them essential to the United States. They described Iraq as an important partner, and affirmed the US administration's desire to cooperate closely with Iraq and work with it to achieve stability throughout the region. link
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Tishwash: The International Development Bank launches the first smart branch in Iraq.
The International Development Bank, one of the largest private banks and a pioneer in banking services and solutions in Iraq, announced the launch of the first smart branch of its kind, enabling banking transactions to be completed fully without the need for staff, 24 hours a day, seven days a week. This step reflects the bank's commitment to digital transformation and promoting innovation in the Iraqi banking sector.
The new branch, located within the International Development Bank's General Administration Building on Abu Nuwas Street in Baghdad, will be accessible to all customers as the country's first fully integrated digital banking experience.
The smart branch provides its customers with a unique way to complete their banking transactions within minutes, whether for individuals, companies, businessmen, investors, entrepreneurs, or content creators. This is achieved through an integrated suite of digital services, including opening bank accounts and deposits, withdrawing and depositing funds, depositing bank checks and requesting the issuance of checkbooks, requesting the issuance of bank cards, transferring funds between accounts, purchasing gold ounces, printing account statements, settling loans, receiving content creator profits, and other innovative services.
The branch also allows customers to speak directly with customer service representatives via audio and video, ensuring a more interactive and flexible banking experience and addressing customer needs immediately.
The Director of Marketing at the International Development Bank, Wissam Al-Amri, stated, "The launch of the smart branch reflects our commitment to placing our customers at the heart of our priorities by providing innovative and easy-to-use banking solutions that enable them to manage their financial needs efficiently and at any time. We believe this step represents a qualitative shift in banking services in Iraq and strengthens the International Development Bank's position as a leader in innovation and digital transformation."
With this pioneering step, the International Development Bank consolidates its position as the first Iraqi bank to launch a smart branch, keeping pace with global developments in the banking sector and affirming its commitment to providing the best financial solutions to its customers link
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Mot: . ooooohhh Goodie!!! -- ole ""Mot"" with Marital insight!!!!
Mot: Mixed Feelings on Dis Un!!! – LOL
FRANK26……8-27-25….ALOHA….SPACE AGE
KTFA
Wednesday Night Video:
FRANK26……8-27-25….ALOHA….SPACE AGE
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#
KTFA
Wednesday Night Video:
FRANK26……8-27-25….ALOHA….SPACE AGE
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#