“Tidbits From TNT” Wednesday Morning 9-17-2025

TNT:

Tishwash:  Iraq and the Kurdistan Region reached an oil agreement

The Iraqi Council of Ministers voted on two decisions on the mechanism of dealing with foreign oil companies and the issue of oil in the Kurdistan Region.

The Kurdistan Regional Government (KRG) and the Iraqi Federal Government have reached an agreement on the handover of Kurdistan Regional Government (KRG) oil to Baghdad. According to the new agreement, only 50,000 barrels of oil produced in the Kurdistan Region will be recycled for domestic consumption, while the rest will be handed over directly to SOMO.

The Iraqi Council of Ministers has welcomed the latest steps taken by the Oil Ministry and the Ministry of Natural Resources to resume oil exports.

The Council of Ministers decided that the oil extraction fee for foreign companies, which is set at $ 16 per barrel, will no longer be paid in cash and instead, the amount of oil equivalent to their financial entitlements and companies themselves will be responsible for selling it It is oil in the markets.

Second: Approval of a tripartite agreement between the Kurdistan Region, Baghdad and companies: The Iraqi Council of Ministers gave initial approval to conclude a tripartite agreement between the Kurdistan Regional Government, the Iraqi Federal Government and foreign oil companies.

The condition for implementing this decision is that the Iraqi government submits the contract to the advisory committee of the Iraqi Oil Ministry. The committee is expected to give its final answer within the next 48 hours, so that the tripartite deal can be formalized and go into effect.  link

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Tishwash:  cover for currency smuggling

The Shadow Economy in Numbers: Tons of Gold Worth Billions of Dollars to Make Up for the "Black Dollar" Shortage

In a volatile economic landscape dominated by weak oversight and a fluctuating local currency, gold in Iraq has transformed from a traditional commodity into a central financial instrument, simultaneously reflecting internal crises and external conflicts.

Figures announced for the first half of 2025 revealed imports exceeding $30 billion from five major countries, led by the UAE with $10.5 billion, followed by China with $8.8 billion, Turkey with $4.9 billion, the European Union with $3 billion, and India with $1.8 billion.

Among these imports, precious metals—led by gold—were valued at $3.3 billion, confirming that this sector now occupies an exceptional position in the structure of Iraqi trade.

Given the restrictions imposed by the US Treasury Department since 2023 on bank transfers, gold has emerged as an alternative channel to compensate for the dollar shortage. Instead of outflowing hard currency through official remittances, importing gold in large quantities has become a means of recirculating funds, whether by re-exporting it to neighboring countries such as Turkey, bartering it for Iranian goods, or even using it as an asset that can be easily liquidated away from the banking system.

According to economic estimates, gold has become a "practical cover" for dollar smuggling operations, as it is imported through official outlets but redirected through unregulated financial channels. This dual role makes the precious metal not just a commodity, but an alternative instrument that rivals the dollar in influence.

Previous data reveals that 2024 marked a shocking turning point, when the value of gold imports reached $12.5 billion, equivalent to 16% of the country's total imports. This figure is roughly equivalent to the Central Bank's entire gold reserve of $18 billion. In the absence of accurate data on the entry points through which the gold was imported or its internal distribution mechanisms, questions have grown about the final destination of these quantities:

Was it actually consumed in the local market, re-exported, or used as a barter instrument in undisclosed trade relations?

This shift is no longer a purely financial matter. In the markets, rising gold prices have directly impacted daily life. A Baghdad Today correspondent observed a widespread recession in goldsmith shops, with the price of a 21-karat gold misqal exceeding 730,000 dinars, while 24-karat gold jumped to more than 830,000 dinars, coinciding with the global price of an ounce exceeding $3,600.

 These figures have prompted many young people to postpone marriage and imposed new burdens on families with the inflated dowries. Social affairs experts warn that the phenomenon is no longer merely a market crisis, but rather a threat to the fabric of society by deepening the phenomenon of aversion to marriage and delaying the age of starting a family.

Given these facts, economic expert Manar Al-Abidi stressed that "government efforts to control imports face significant challenges, particularly with the attempt to include all goods in the reform at once." He called for "focusing primarily on high-value goods such as gold, and linking transactions with them to transparent electronic payment mechanisms that allow tracking of sales and purchases and identifying the ultimate beneficiary." According to institutional estimates, automating the gold sector alone is sufficient to expose financial loopholes and close the door to its exploitation as a cover for parallel operations.

From a different perspective, economic expert Nasser Al-Kanani believes that the crisis is not limited to Iraq alone. "The recent rise in gold prices in the Iraqi market is inseparable from the global wave affecting the precious metal," Al-Kanani says, explaining that "the local market is affected by a dual effect: the movement of international stock exchanges and the dollar exchange rate on the parallel market."

 This approach reveals that Iraq, despite its unique crises, remains part of a global cycle that makes gold a safe haven for investors amid escalating geopolitical tensions. He also notes that the price rise is not just a local result, but a reflection of global shocks.

In a move described as a strategic shift, Al-Kanani revealed that "Iraq's purchase of more than 20 tons of gold in one year, and its rise to seventh place globally in this field, reflects a calculated move by the Central Bank to protect the national economy from fluctuations in foreign exchange rates."

This move, according to Al-Kanani, "gives Iraq greater flexibility in managing monetary policy, enhances confidence in the local economy, and may positively impact the value of the dinar and market stability."

However, this path remains fraught with risks, as gold could transform from a strategic asset into an open channel if smuggling operations continue or oversight is absent.

In conclusion, gold in Iraq has transcended its status as a commodity and has become a crossroads between three possibilities: an economic buffer, a pressing social burden, and a card of political influence. However, the lack of strict oversight also makes it an open loophole that could transform into a permanent channel for dollar smuggling or bartering with neighboring countries, away from the banking system.

This exposes the country to further exposure to external pressures. The future of this resource will not be determined by the volume of tons entering the market, but rather by the state's ability to control its flow and prevent its leakage into the shadow economy. This would transform it from a source of concern to an element of strength, and from a parallel tool for currency smuggling to a strategic asset that reinforces confidence in the dinar and Iraqi financial policy, according to observers.  link

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Tishwash:  Judicial expert: Implementing Article 140 will solve Khanaqin's problems

Judicial expert Arkan Kakayi stressed the need to implement Article 140 of the Constitution to address the problems facing Khanaqin district, emphasizing the need to hold those who fail to perform their duties accountable and to monitor the implementation of projects in the district.

During his appearance on the Iraqi Affairs program with Faiq Yazidi, Kakai said that Khanaqin is a disputed area and a city of peaceful coexistence. He added that Khanaqin suffers, especially during the summer, from power outages, water scarcity, and a lack of job opportunities and appointments for young people and university graduates.

He pointed out that the failure to implement Article 140 of the Constitution is the most prominent problem facing Khanaqin district, stressing that implementing Article 140 has become a dream for the people of  Khanaqin and other disputed areas

Arkan Kakayi: Khanaqin has the makings of a province

Kakayi added that there has been no practical step so far from either the Kurdistan Region or the federal government to implement Article 140 of the Constitution, stressing that implementing Article 140 is a popular demand of the people of Khanaqin to address many of the judiciary's problems, including the non-recognition of graduates of Garmian University, agricultural land issues, and others.

He called for resolving the judiciary's problems and for there to be a clear path to achieving this.

Kakai pointed out that there are many problems regarding agricultural lands in Khanaqin, noting that the regime of the late Saddam Hussein deported many Kurdish citizens from the district, displacing them and confiscating their lands at that time. He noted that they demanded the formation of special committees to address this problem, expressing his hope that solutions would be reached and that the judiciary would move towards a better outcome on this issue.

Arkan Kakayi: There are many problems regarding agricultural lands in Khanaqin.

Kakai called for transforming Khanaqin district into a governorate, stressing that transforming the sub-districts into districts within Khanaqin's borders threatens the district and its geographical area. He pointed out that the late President Mam Jalal, the safety valve of Iraq, used to say, "Welcome to Khanaqin Governorate."

He emphasized that the people of Khanaqin hope that their district will be transformed into a governorate, stressing that the components of a governorate are available in Khanaqin district.

 Kakayi pointed out that the disagreements between the federal government and the Kurdistan Regional Government regarding Khanaqin stem from the failure to implement Article 140 of the Constitution, stressing that if this constitutional article were implemented, there would be no disagreements between the two sides regarding Khanaqin.

He emphasized that Khanaqin encompasses all ethnicities and sects, all of whom demand the implementation of Article 140 because its implementation is the final solution to the district's problems and the suffering of its people.

Arkan Kakayi: Khanaqin's water is polluted

On the other hand, Kakai pointed out that Khanaqin district suffers from contaminated drinking water, and citizens buy bottled water because the district's water is not fit for drinking and the water project in Khanaqin is old. He criticized the lack of oversight of the departments and institutions responsible for providing water to citizens, stressing that they are demanding the implementation of a new water project that serves the district's residents.

He also pointed out that the district is also suffering from an electricity crisis, as electricity has become non-existent and private generators are the ones that supply electricity to citizens' homes.

Regarding solutions and remedies for the judiciary's problems, Kakai said the judiciary needs to implement numerous projects, noting that a tourism project could be implemented at the Alwand Dam to attract tourists to the judiciary.

He also highlighted the need to implement service projects in the judiciary, emphasizing the need to hold accountable those who fail to perform their duties and to enact laws that punish those who obstruct projects and their implementation.  link

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Mot: .. In Case YOu Ever Wondered - The Truth Be Known!!! 

Mot: Ya Gots to Do - What Ya Gots to Do!!!! 

FRANK26…9-16-25….AKI

KTFA

Tuesday Night Video

FRANK26…9-16-25….AKI

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#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE=IMPLEMENTATION

https://www.youtube.com/watch?v=fDX-TkYWo3I

Iraq Economic News and Points To Ponder Tuesday Evening 9-16-25

Economist: Iraq Does Not Have A Sovereign Wealth Fund, And Its Mission Is Handled By The Central Bank.

Time: 2025/09/16 Reading: 405 times  {Economic: Al Furat News} An economic expert confirmed that Iraq currently lacks a sovereign fund dedicated to achieving economic stability.

Salah Nouri explained to Al Furat News Agency that "the Central Bank of Iraq is currently handling the tasks of this fund."  He also pointed out that the Iraq Development Fund, which was established in 2024 with the aim of supporting economic development by attracting foreign investment, has yet to show tangible results due to its recent establishment.

In recent years, the Iraqi economic arena has witnessed intense discussions about the importance of establishing a sovereign fund entrusted with developing and investing the state's financial resources over the long term. This step comes amid the government's efforts to diversify sources of income and reduce dependence on oil as the main source of the budget.

The idea of ​​establishing this fund did not arise suddenly; rather, it goes back to the aspirations of previous governments, which were unable to bring this project to fruition.

A sovereign wealth fund is an investment fund that manages the state's financial surpluses through assets outside its borders. However, it is not affiliated with the Ministry of Finance or the Central Bank, and it differs from foreign exchange reserves. LINK

A Government Advisor Proposes Establishing A Sovereign Fund For Non-Oil Raw Materials.

Time: 2025/09/16 Reading: 525 times   {Economic: Al Furat News} Economic expert Mazhar Mohammed Saleh emphasized the importance of establishing an Iraqi sovereign fund specializing in non-oil and gas natural resources as a strategic tool to maximize added value and diversify sources of national income.

Saleh told Al Furat News Agency that this fund, which differs in its objectives from the Central Bank of Iraq's investment portfolio, which focuses on cash, will employ financial surpluses generated from raw materials such as phosphates, sulfur, and iron to develop manufacturing industries.

He stressed that the primary goal is to export semi-finished or finished products instead of raw materials, thus strengthening Iraq's position in regional markets.

The economic expert explained that the proposal is based on several fundamental principles, including maximizing local added value by investing the fund's revenues in industrial production chains, and supporting the diversification of the national economy by directing these investments toward vital sectors such as agriculture, industry, and renewable energy. He also noted that the fund will serve as sustainable financing for the general budget, reducing reliance on borrowing and deficit financing.

Saleh reviewed successful international experiences in this field, such as the Norwegian Government Pension Fund, Singapore's GIC and Temasek funds, and the Abu Dhabi Investment Authority in the UAE, emphasizing the need to adopt global best practices in management, governance, and transparency.

Regarding the expected outcomes, Saleh explained that establishing the fund will reduce reliance on oil as the sole source of income, support financial stability, and attract foreign direct investment in partnership with the fund.

To realize this vision, Saleh called for urgent practical steps, including drafting a law for the fund, forming an independent founding body of experts, and incorporating the proposal into the government program and Iraq's national development vision. This will ensure the implementation of this strategic tool, which represents a cornerstone of a sustainable future economic vision. LINK

Oil Prices Stabilize Amid Potential Russian Supply Disruption

Tuesday, September 16, 2025 | Economic Number of reads: 189  Baghdad / NINA / Oil prices stabilized in early trading on Tuesday, after rising in the previous session, amid market participants' expectations of a possible supply disruption from Russia.

Brent crude futures rose 4 cents to $67.48 a barrel, while US West Texas Intermediate crude reached $63.32, up 2 cents.

Brent crude rose 45 cents at settlement on Monday to $67.44, while US West Texas Intermediate crude rose 61 cents to $63.30.

Traders are also awaiting the Federal Reserve meeting, in which the US central bank is widely expected to cut interest rates. Lower borrowing costs could boost fuel demand. /End https://ninanews.com/Website/News/Details?key=1252123

Al-Mandlawi Stresses The Importance Of Consolidating The Strategic Relationship Between Baghdad And Washington.

Tuesday, September 16, 2025, 2:40 PM | Politics Number of reads: 361 
Baghdad / NINA / First Deputy Speaker of Parliament Mohsen Al-Mandalawi Al-Mandalawi stressed the importance of consolidating the strategic relationship between Baghdad and Washington.

His media office said in a statement, "Al-Mandlawi received today, Tuesday, the Chargé d'Affaires of the US Embassy in Baghdad, Joshua Harris, and his accompanying delegation, to discuss ways to enhance bilateral relations between Iraq and the United States, and to discuss the most prominent issues of common interest.

During the meeting, Al-Mandlawi stressed the importance of consolidating the strategic relationship between the two countries on the basis of mutual respect and common interests, stressing the need to expand areas of cooperation to serve the stability and prosperity of Iraq, and support development and reform efforts.

The statement added, "The current regional and international developments were reviewed, as Al-Mandlawi stressed the importance of continuing dialogue and coordination to confront the security and political challenges in the region, and working together to prevent the escalation of conflicts and achieve stability.

The First Deputy Speaker of the House of Representatives called on the international community, especially the United States, to exert serious and effective pressure on the Zionist entity in order to end the suffering of the Palestinian people in Gaza, who are subjected daily to policies of starvation, forced displacement and a systematic war of extermination, stressing that Iraq's position is firm in defending the legitimate rights of the Palestinian people and supporting their just causes.

For his part, the US Chargé d'Affaires expressed his country's keenness to develop cooperation with Iraq in various fields and support the efforts of the House of Representatives and the Iraqi government in promoting stability and development, pointing to Iraq's active role in consolidating regional and international security, and affirming its position as a responsible partner in supporting stability and peace. /End  https://ninanews.com/Website/News/Details?Key=1252187

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

Are You Smart Enough To Beat Inflation? Solve These Money Puzzles To Find Out

Are You Smart Enough To Beat Inflation? Solve These Money Puzzles To Find Out

T. Woods  Sun, September 14, 2025   

 “Inflation” is a word any money-conscious adult hears or reads almost daily, but that doesn’t mean everyone totally understands how it can impact their finances. Truly comprehending the complexities of inflation, and how it can sway your financial stability, is a requirement for any financially responsible adult.

With that in mind, do you understand inflation? Further, are you smart enough to beat it? Take this GOBankingRates quiz to find out.

What Is Inflation?

The first step to beating inflation is understanding it. True or false: Inflation is the increase in prices of goods and services within an economy over a certain period of time, often caused by a destabilization between supply and demand.

A) True

B) False

Answer: What Is Inflation?

If you answered (A) True, you’re 100% correct. Inflation is, essentially, a higher cost of living. Goods and services increase in price due to such factors as crises (like the COVID-19 pandemic or a housing crisis), general supply chain problems, consumer demand and more.

Understanding Inflation Rates

Assume your weekly groceries cost $100 in 2024. Further assume that in 2025, the exact shame shopping list now costs you $108.

A) What is the inflation rate between 2024 and 2025 shopping trips?

B) If your salary went from $100,000 to $105,000 over the course of the same year, did your real income increase or decrease, and by how much?

The Answers: Understanding Inflation Rates

A) The inflation rate that impacted your groceries is 8%. Didn’t come up with the same answer? Here’s how you calculate it: Subtract the previous price from the current one ($108 – $100 = $8), divide that sum by 100 ($8/100 = 0.08) and then multiply the final result by 100 (0.08 x 100 =  8%).

Your groceries have increased by 8% due to inflation.

B) Regarding a real income change, similarly subtract your previous salary from the current one ($105,000 – $100,000 =  $5,000), divide that sum by 100,000 (5,000/100,000 = 0.5, or 5%) and subtract the inflation rate from that sum (5% – 8% = -3%).

Your real income change is -3%, meaning it fell by 3%.

Investing vs. Inflation

TO READ MORE:  https://finance.yahoo.com/news/smart-enough-beat-inflation-solve-131146285.html

What BRICS are Really Planning with Gold

What BRICS are Really Planning with Gold

Arcadia Economics:  9-15-2025

In a world grappling with seismic shifts in economic power and trust, staying informed is paramount.

Vince Lanci’s recent Monday morning edition of “Markets and Metals” on Arcadia Economics delivered a crucial analysis, dissecting two monumental topics that every investor and global citizen should understand: China’s strategic elevation of gold and the true nature of the Federal Reserve’s independence.

Vince Lanci kicks off by highlighting an undeniable truth: the BRICS nations are actively pivoting away from US Treasuries.

The catalyst? A profound distrust in the US dollar system, amplified by the weaponization of sanctions against Russia. This isn’t just about diversification; it’s a strategic move to build an alternative financial architecture.

This move by China is not merely economic; it’s a geopolitical power play designed to reshape the global financial order, offering emerging economies a genuine alternative to the dollar-denominated system.

While gold is redefining global power, another pillar of Western finance faces intense scrutiny: the Federal Reserve. Vince brings in the sharp insights of renowned economist Jim Rickards, who systematically dismantles the popular narrative of the Fed’s independence.

This perspective emphasizes that monetary policy is deeply intertwined with broader political and economic realities, challenging the sanitized narrative of an apolitical, independent central bank.

Vince concludes with a snapshot of the precious metals market, noting strong buying interest in both gold and silver from central banks, hedge funds, and ETFs. This sustained demand underscores the long-term conviction in these assets amidst global uncertainty.

However, Vince, ever the pragmatist, advises caution. Given recent trading volumes and price action, he warns of a potential short-term market pause or pullback. His seasoned advice for traders: exercise caution and wait for clear confirmation before taking long positions.

The insights shared by Vince Lanci on Arcadia Economics paint a clear picture: the global financial landscape is undergoing fundamental transformations.

From China’s strategic elevation of gold to challenge the dollar’s hegemony, to the demystification of the Federal Reserve’s true role, these aren’t isolated developments – they are interconnected forces reshaping our economic future.

https://youtu.be/IUj22R8hrZU

Ariel: Iraqi Currency Revaluation (The Resumption Of Oil)

Ariel:  Iraqi Currency Revaluation (The Resumption Of Oil

Prolotario1   34 minutes ago

Mechanics of Iraqi Dinar Revaluation Necessity Amid Recent Developments

We Are Here (Strap In)

The resumption of Kurdistan crude oil exports through SOMO, as announced on September 16, 2025, cannot proceed to full international market integration without an Iraqi Dinar revaluation and Forex listing this year, as global buyers demand transactions in freely convertible currencies to mitigate exchange rate volatility.

This agreement, committing the KRG to supply at least 230,000 barrels per day to SOMO for export, generates revenues primarily in USD, which must be repatriated and converted at a stable, internationally recognized rate to fund federal budget obligations, thereby necessitating a revalued Dinar on Forex to avoid black-market distortions and ensure seamless capital inflows.

Without this Forex accessibility, SOMO's marketing of Kurdish oil comparable in quality to Russian grades and targeted at European buyers would face pricing inefficiencies, as hedging contracts require a liquid Dinar pair to lock in profits against IQD fluctuations, directly tying the deal's totality to a year-end revaluation for credible global supply chain participation.

The activation of Trade Bank of Iraq's e-card delivery service in Baghdad, effective September 16, 2025, underscores the urgency of Dinar revaluation and Forex integration this year, as electronic cross-border payments hinge on real-time exchange rate verification to prevent transaction failures in international networks like SWIFT.

This service, aimed at secure and timely card distribution to customers, facilitates digital remittances tied to oil revenues, but its efficacy demands a revalued Dinar to align domestic IQD-denominated accounts with Forex-traded values, enabling automated conversions without the current 1,310 IQD/USD peg's arbitrage risks that could undermine trust in Iraq's nascent digital banking infrastructure.

Absent Forex listing, e-card activations would bottleneck at conversion points, rendering the service ineffective for repatriating SOMO's export proceeds and stalling broader financial inclusion efforts that presuppose a stable, revalued currency for seamless global interoperability.

The State Council meeting on non-oil revenues, convened at 11:00 PM on September 16, 2025, under Judge Karim Khasbak, cannot resolve KRG-federal disputes over tax, customs, and fee handovers without an imminent Dinar revaluation and Forex entry, as equitable revenue sharing formulas require a unified exchange rate to value non-oil inflows against oil export gains in a convertible framework.

With KRG advisors present to debate 50% allocations to Baghdad, the session's outcome potentially escalating to the 1:00 PM Council of Ministers meeting relies on Forex-traded Dinar mechanics to normalize fiscal transfers, preventing disputes from derailing salary mechanisms for July and August by ensuring non-oil revenues (e.g., fees) convert at a revalued rate that reflects Iraq's enhanced oil export capacity. This linkage mandates year-end internationalization, as unresolved rate disparities would perpetuate dual-market pricing, eroding the agreement's enforceability and exposing Iraq to sanctions risks in global trade pacts.

The appointment of a new Executive Director for the Iraq Stock Exchange, announced by the Securities Commission on September 16, 2025, directly amplifies the imperative for Dinar revaluation and Forex listing this year, as modernizing the ISX demands a revalued currency to attract foreign portfolio investments that benchmark against live Forex pairs.

This leadership transition, aimed at bolstering market oversight and liquidity, integrates with SOMO's oil export readiness by enabling equity issuances tied to energy revenues, but such instruments require Forex accessibility to price shares in IQD equivalents of USD-denominated oil contracts, fostering capital market depth without the current peg's volatility premiums.

Without this revaluation, the new director's mandate to enhance trading mechanisms potentially including derivatives linked to Kurdish crude would falter, as international investors shun unlisted currencies, thereby stalling the holistic economic activation that ties stock exchange reforms to oil and non-oil revenue streams.

In totality, these September 16, 2025, developments form a synchronized pivot toward Iraq's global reintegration, where Forex listing and Dinar revaluation this year serve as the indispensable fulcrum, converting isolated agreements into a cohesive mechanism for sustainable revenue generation and market confidence.

Further Insights on Iraqi Dinar Revaluation Developments: Rationale for Preparedness and Optimism

The recent announcements on September 16, 2025, regarding the State Oil Marketing Organization (SOMO)'s readiness to resume Kurdistan Region crude exports, the activation of the Trade Bank of Iraq's e-card service, the State Council meeting on non-oil revenues, and the appointment of a new Executive Director for the Iraq Stock Exchange collectively signal a pivotal acceleration toward economic stabilization and potential Dinar revaluation.

These developments underscore Iraq's strategic pivot to full international market integration, where a revalued Dinar on the Forex market would unlock unprecedented revenue streams and investor confidence, positioning the nation for a transformative fiscal resurgence.

Individuals holding Iraqi Dinars should prepare for this trajectory by securing authenticated currency holdings, monitoring Central Bank of Iraq communications, and consulting financial advisors versed in emerging market exchanges, as the convergence of oil export mechanisms and capital market reforms could precipitate a revaluation window within the fiscal year.

Excitement stems from the projected influx of foreign direct investment—potentially exceeding $50 billion annually post-resumption of 230,000 barrels per day from Kurdistan—fostering infrastructure rebuilds, job creation, and a 20–30% GDP uplift, directly benefiting currency holders through enhanced liquidity and value appreciation.

This readiness ensures seamless participation in redemption processes, transforming speculative assets into tangible wealth amid a broader global shift toward diversified, stable economies.

The SOMO-KRG agreement, finalized after joint site visits and negotiations since July 2025, eliminates daily losses of $11.16 million from stalled exports, channeling USD-denominated proceeds into a revalued Dinar ecosystem that stabilizes federal-KRG revenue sharing at 50% for non-oil sources, thereby mitigating budgetary disputes and enabling salary disbursements for July and August without delay.

Stakeholders should anticipate heightened market volatility as European buyers integrate Kurdish crude—comparable to Russian benchmarks—demanding Forex-traded Dinar pairs for hedging, which excites investors by heralding Iraq's emergence as a reliable OPEC+ supplier and a beacon for regional stability.

The Trade Bank of Iraq's e-card activation facilitates secure, real-time digital transactions aligned with international SWIFT protocols, a prerequisite for Forex inclusion that empowers retail and institutional participants with friction-less cross-border conversions. Preparation involves verifying account linkages to these services, as their rollout coincides with non-oil revenue resolutions from the State Council, promising a unified fiscal framework that could elevate Dinar parity to $0.50–$1.00, sparking widespread economic optimism and portfolio diversification opportunities.

The appointment of Taha Ahmed Abdel Salam as Executive Director of the Iraq Stock Exchange, under the Securities Commission's oversight, injects fresh governance to modernize trading platforms and attract listings tied to energy revenues, directly interfacing with revaluation dynamics by enabling Dinar-denominated equities to benchmark against global indices. Excitement builds here, as this reform echoing July 2025 board elections positions the ISX for 50% liquidity growth, inviting institutional inflows that validate a revalued currency and reward early adopters with compounded returns in a post-revaluation bull market.

In summary, these synchronized advancements rooted in resolved oil export pacts and institutional upgrades herald a revaluation catalyst that not only rectifies decades of undervaluation but also ignites Iraq's sovereign resurgence, urging proactive engagement to capitalize on an era of equitable prosperity. Investors poised with verified assets stand to witness a historic wealth transfer, underscoring the profound potential for personal and national elevation.

Iraq Economic News and Points To Ponder Tuesday Afternoon 9-16-25

The Shadow Economy in Numbers: Tons of Gold Worth Billions of Dollars to Make Up for the "Black Dollar" Shortage

Baghdad Today – Baghdad  In a volatile economic landscape dominated by weak oversight and a fluctuating local currency, gold in Iraq has transformed from a traditional commodity into a central financial instrument, simultaneously reflecting internal crises and external conflicts.

 Figures announced for the first half of 2025 revealed imports exceeding $30 billion from five major countries, led by the UAE with $10.5 billion, followed by China with $8.8 billion, Turkey with $4.9 billion, the European Union with $3 billion, and India with $1.8 billion. Among these imports, precious metals—led by gold—were valued at $3.3 billion, confirming that this sector now occupies an exceptional position in the structure of Iraqi trade.

Given the restrictions imposed by the US Treasury Department since 2023 on bank transfers, gold has emerged as an alternative channel to compensate for the dollar shortage.

Instead of outflowing hard currency through official remittances, importing gold in large quantities has become a means of recirculating funds, whether by re-exporting it to neighboring countries such as Turkey, bartering it for Iranian goods, or even using it as an asset that can be easily liquidated away from the banking system.

According to economic estimates, gold has become a "practical cover" for dollar smuggling operations, as it is imported through official outlets but redirected through unregulated financial channels. This dual role makes the precious metal not just a commodity, but an alternative instrument that rivals the dollar in influence.

Previous data reveals that 2024 marked a shocking turning point, when the value of gold imports reached $12.5 billion, equivalent to 16% of the country's total imports. This figure is roughly equivalent to the Central Bank's entire gold reserve of $18 billion.

In the absence of accurate data on the entry points through which the gold was imported or its internal distribution mechanisms, questions have grown about the final destination of these quantities: Was it actually consumed in the local market, re-exported, or used as a barter instrument in undisclosed trade relations?

This shift is no longer a purely financial matter. In the markets, rising gold prices have directly impacted daily life. A Baghdad Today correspondent observed a widespread recession in goldsmith shops, with the price of a 21-karat gold misqal exceeding 730,000 dinars, while 24-karat gold jumped to more than 830,000 dinars, coinciding with the global price of an ounce exceeding $3,600.

These figures have prompted many young people to postpone marriage and imposed new burdens on families with the inflated dowries.

Social affairs experts warn that the phenomenon is no longer merely a market crisis, but rather a threat to the fabric of society by deepening the phenomenon of aversion to marriage and delaying the age of starting a family.

Given these facts, economic expert Manar Al-Abidi stressed that "government efforts to control imports face significant challenges, particularly with the attempt to include all goods in the reform at once.

" He called for "focusing primarily on high-value goods such as gold, and linking transactions with them to transparent electronic payment mechanisms that allow tracking of sales and purchases and identifying the ultimate beneficiary."

According to institutional estimates, automating the gold sector alone is sufficient to expose financial loopholes and close the door to its exploitation as a cover for parallel operations.

From a different perspective, economic expert Nasser Al-Kanani believes that the crisis is not limited to Iraq alone. "The recent rise in gold prices in the Iraqi market is inseparable from the global wave affecting the precious metal," Al-Kanani says, explaining that "the local market is affected by a dual effect: the movement of international stock exchanges and the dollar exchange rate on the parallel market."

This approach reveals that Iraq, despite its unique crises, remains part of a global cycle that makes gold a safe haven for investors amid escalating geopolitical tensions. He also notes that the price rise is not just a local result, but a reflection of global shocks.

In a move described as a strategic shift, Al-Kanani revealed that "Iraq's purchase of more than 20 tons of gold in one year, and its rise to seventh place globally in this field, reflects a calculated move by the Central Bank to protect the national economy from fluctuations in foreign exchange rates.

" This move, according to Al-Kanani, "gives Iraq greater flexibility in managing monetary policy, enhances confidence in the local economy, and may positively impact the value of the dinar and market stability."

 However, this path remains fraught with risks, as gold could transform from a strategic asset into an open channel if smuggling operations continue or oversight is absent.

In conclusion, gold in Iraq has transcended its status as a commodity and has become a crossroads between three possibilities: an economic buffer, a pressing social burden, and a card of political influence.

However, the lack of strict oversight also makes it an open loophole that could transform into a permanent channel for dollar smuggling or bartering with neighboring countries, away from the banking system. This exposes the country to further exposure to external pressures.

The future of this resource will not be determined by the volume of tons entering the market, but rather by the state's ability to control its flow and prevent its leakage into the shadow economy.

 This would transform it from a source of concern to an element of strength, and from a parallel tool for currency smuggling to a strategic asset that reinforces confidence in the dinar and Iraqi financial policy, according to observers.

Source: Baghdad Today Monitoring and Follow-up Department

https://baghdadtoday.news/283275-.html    

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

Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 9-16-25

Good Afternoon Dinar Recaps,

BRICS Expands North: Mexico Partners With China, Drops Dollar for Yuan

Leaked documents show Mexico is in secret talks with China to adopt the Yuan and seek special BRICS partnership status, bringing de-dollarization to America’s doorstep.

Secret Negotiations Reveal Strategic Shift
Leaked documents confirm that Mexico and China have been in six months of closed-door talks involving senior officials from Mexico’s Ministry of Commerce and Chinese counterparts. The discussions go beyond traditional trade, focusing on energy, logistics, and digital technologies as part of a wider BRICS partnership framework.

Sources close to President Claudia Sheinbaum’s office describe the move as a “strategic strike at the heart of the U.S. system,” signaling Mexico’s intent to diversify away from Washington’s orbit.

Economic Independence Through BRICS Expansion
Mexico’s economy is tightly bound to the United States, with over 80% of exports headed north. Yet China has quietly built a foothold, investing more than $10 billion in Mexico’s high-tech sector in 2023 alone.

With Trump’s tariffs targeting Mexican steel, aluminum, and agriculture, Mexico is now exploring alternatives to U.S. dependency. The de-dollarization push offers a way to shield exporters while aligning with China’s growing financial infrastructure.

U.S. Scrambles to Respond
The White House has labeled the Mexico-China talks a national security threat, with Trump pressing Treasury and State to prepare sanctions. Yet experts warn Washington has limited leverage: harsh actions would also harm U.S. companies deeply embedded in Mexico’s manufacturing and supply chains.

Brookings analysts caution that if Mexico formally integrates into BRICS, it would be a strategic defeat comparable to losing an ally in the Cold War.

Future Partnership Integration
Mexico’s pathway into BRICS would involve Yuan payment systems, Belt and Road infrastructure, and new energy hubs aligned with Beijing. Analysts at RAND warn this could unravel the USMCA trade circuit, creating tectonic shifts in North America’s economic and geopolitical balance.

Rather than acting as Washington’s junior ally, Mexico now straddles two worlds — one foot in the U.S. economy, the other in China’s orbit. This represents a fundamental transformation in regional power dynamics.

Why This Matters
Mexico’s pivot toward China and BRICS places de-dollarization at the United States’ southern border. This isn’t just another trade dispute — it signals a reordering of North America’s geopolitical structure.

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

@ Newshounds News™

Source: Watcher Guru, Financial Times, El País, Reuters Mexico, Wall Street Journal, Brookings Institution, RAND, Associated Press

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

How the Dollar Became Money, and What Comes Next

How the Dollar Became Money, and What Comes Next

Heresy Financial:  9-15-2025

Have you ever really stopped to think about what money actually is? Most of us use it every day without a second thought, but its journey from primitive bartering to the digital currencies of today is nothing short of fascinating.

Heresy Financial’s insightful video recently took us on this incredible historical tour, emphasizing one constant truth: money is fundamentally the “most salable good” – something people accept as payment because they trust others will accept it too.

Imagine a world without money. Early societies operated on direct barter. If you had a surplus of fish and needed tools, you’d have to find someone with tools who also wanted fish. This is the infamous “coincidence of wants” problem, a massive inefficiency that severely limited trade and specialization.

To overcome this, communities began to adopt intermediary goods as proto-money. Salt, with its preservative qualities, and seashells, with their natural beauty and rarity, emerged as early candidates.

These were accepted because they had some inherent utility or desirability. However, they had their limitations: salt could perish, and shells could be too easily acquired, preventing them from forming truly stable monetary systems.

Gold became the ultimate “most salable good,” ushering in an era of more efficient trade and wealth accumulation.

Carrying heavy gold around, especially for large transactions or international trade, was cumbersome and risky. This led to the innovation of paper money, initially representing claims on gold deposits held in banks. This system greatly facilitated commerce, allowing for easier, safer transactions.

However, this convenience also laid the groundwork for a new challenge: fractional reserve banking. Banks realized they didn’t need to keep 100% of the gold deposited; they could lend out a portion, issuing more claims on gold than they actually possessed.

 While this stimulated economic growth, it also introduced inherent instability, leading to “boom-and-bust” cycles and devastating bank runs when too many people tried to redeem their gold at once.

Governments responded to this instability by nationalizing banks and establishing centralized authorities (central banks) to manage risks. While aiming for stability, this also consolidated immense power and introduced systemic vulnerabilities, leading to recurring financial crises.

The 20th century marked a profound shift. The U.S. government, for instance, confiscated gold from citizens in the 1930s, centralizing control. The Bretton Woods system, established after WWII, pegged other world currencies to the U.S. dollar, which itself remained redeemable for gold by foreign governments.

This changed dramatically in 1971 when President Nixon “closed the gold window,” severing the dollar’s convertibility to gold.

This ushered in the era of fiat money – currency declared legal tender by government decree, without intrinsic backing. Since then, money has become predominantly digital, managed through centralized ledgers controlled by banks and central banks.

This system, while efficient, comes with trade-offs: a lack of privacy for individuals and control concentrated in the hands of a few committees.

Ultimately, the video highlights Gresham’s Law, which suggests that when “bad money drives out good,” people tend to hoard more stable stores of value as trust in fiat currencies erodes. This could lead to a significant shift in what is collectively accepted as money.

The lesson is clear: money, in all its forms, remains the “most salable good.” In an increasingly complex financial world, the advice to diversify among different forms of money – whether traditional or emerging – seems more pertinent than ever.

For a deeper dive into the fascinating history and future of money, be sure to watch the full YouTube video from Heresy Financial. It’s an eye-opening exploration that will change how you think about the dollars, euros, or satoshis in your pocket.

https://youtu.be/ek_RodYzUCI

Tuesday Coffee with MarkZ. 09/16/2025

Tuesday Coffee with MarkZ. 09/16/2025

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: Gooood morning Mark, mods and fellow RV’ers

Member: Mark you said 30% of bonds paid was the magic number. We should be at 40% now. I wonder what is holding it up???

MZ: I think things are rolling out quickly now. I think they are going through the security protocols they have to do. Along with things we are seeing in Iraq.

MZ: No new bond news today though

Member: Thanks mark. I do hear many good things about the next couple days. Sure hope we’re on the home stretch

Member: Anyone have a recent good bank story from the USA?

Member: Frank26 had a great bank story yesterday

Member: Frank26 bank story mentioned they received an email showing what their portfolio was worth. The bank knew how much they had in dinar and dong and the email stated they had over 1000 million dollars account balance set up!

MZ: That is getting interesting…I am hearing other stories from people in real life…..but most banks still deny it. Noone is exchanging it yet….but it does seem like banks have gotten prepared.

Member: the lady in Franks bank story said she did the math …and that would be a rate of about $7.60 US per each IQD

MZ: I can see that being possible if the Us dollar is devalued…..and there is talk about the US dollar devaluing.

Member: Question--- do you think we will see the full page ad like Kuwait's revalue.

MZ: I think there is a good chance we do…..We will just keep watching.

Member: do you think Iraqs rate will be higher than Kuwaits when they finally revalue?

MZ: I think it will be higher. Sudani said they wanted it back to its former glory and to be the highest currency in the region and in the world…….

Member: I saw a clip shown on a iraq paper there are celebrations planned for the 18th.

Member: Mark did you ever get confirmation on lower denoms released in Iraq?

MZ: I got confirmations there are cut sheets and printed LD’s …but not that they have been released. They have been training to release them……why would they do that without a value change soon. IMO they would not.

MZ: From Iraq: “Al-Sudani: If there is a country that has the right to celebrate democracy- It is Iraq”  they have a long struggle to get here- but finally have democracy.

MZ: “ SOMO announces the termination of contracts with Kurdistan oil companies and confirms the imminent resumption of exports?  I want to see the oil pumping….then I will get excited

Member: #BREAKING: Baghdad and Erbil have reached an agreement to resume the Kurdistan Region’s oil exports through Iraq’s state oil marketer SOMO, Kurdistan Parliament member Ali Hama Saleh announced.

Member: sheesh…I thought that happened weeks ago…must still be Groundhog day in Iraq.

Member: Nader posted dinar was at  1140 now.

Member: Frank said the dinar is at 1140

Member: if 1140 is true, that is mindblowing!

MZ: Many out there thought there would be one more move on dinar before the “big move” . If true that is very big news.

Member: $43.10 silver today.

Member: last week went into my bank in Canada and talked about currency ..I was told at the time I would have to see a financial planner when the value changes

Member: Yesterday my credit union - ranked best in the state said it would be closed on9/23 for training on new bank practices.

Member: Whiplash 347 posted that Tier 4B was activated is that true???

Member: If that was true…we would be heading to the banks to exchange.

 Member: Welllll………Trump is leaving the country again..going to the UK….. let's make it our time!!!!

Member: what ever happened to the reports of new USTN currency already being delivered to US banks?  Was it real of “fake news”

Member: I'm looking forward to sound money again, gold backed stablecoin

Member: Oct 1 is the start of the 4th quarter and the start of the new fiscal year in the US and others. Maybe a good time to start with a new financial system and new USTN’s…..and a reset?????

Member: Thoughts...RV this week w/ EBS, 10 days start Sunday. 4th quart. Oct. 1st.

Member: Since Dr Shabibi said the start of a new qtr would be the easiest for banks……I think we are looking at Oct 1st.

 Member: There was an article put out that Iraq private banks need to also be done by October 1st?

Member: I’m excited, we have been waiting for so long, now looks like everything is coming together.

Member: Thanks Mark for all your time and enthusiasm…….Everyone have a good day today.

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=NjPHIGQ_Kp4

News, Rumors and Opinions Tuesday 9-16-2025

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. 16 September 2025

Compiled Tues. 16 September 2025 12:01 am EST by Judy Byington

Summary:

As of Tuesday, September 16, 2025, updates compiled by Judy Byington, MSW, LCSW, offer a glimpse into the unfolding narrative of the Restored Republic via a Global Currency Reset (GCR) and the implementation of the Quantum Financial System (QFS).

This isn’t just about money; it’s about a foundational change, designed to usher in an era of transparency, sovereignty, and unprecedented financial freedom. Let’s dive into the latest developments and what they could mean for you.

According to reports, a significant milestone has just passed. At 9 AM Iraqi Time on Saturday, September 13, 2025, the Governor of the Central Bank of Iraq (allegedly) publicly announced the revaluation of the Iraqi Dinar, with it officially going live on Sunday, September 14, 2025.

Following this, Redemption Centers are reportedly already(allegedly)  active, facilitating exchanges for those in Tier 3. The general public, including Dinar and Dong holders, are anticipating notifications for markets and Redemption Centers to (allegedly) open on Monday, September 15, 2025. Keep a close eye on your texts and emails for these crucial alerts.

A critical warning comes from Judy Byington regarding currency exchanges. While a recent video suggests major banks like Chase, Wells Fargo, and HSBC are opening their doors for Dinar and Dong exchanges, it’s vital to understand the potential implications.

Judy’s Warning: Exchanging at these commercial banks may result in a lower exchange rate compared to official Redemption Centers. While official Redemption Center appointment information is still pending, it is expected very soon.

Beyond currency revaluation, the broader narrative points to the complete overhaul of our financial system through the Quantum Financial System (QFS). This isn’t just an upgrade; it’s presented as a sovereign ledger reset designed to eliminate fraud, corruption, and the debt-based economy.

This financial revolution ties into the larger vision of NESARA/GESARA (National/Global Economic Security and Reformation Act), aiming for universal prosperity and sovereignty. President Trump’s (allegedly) quote, “The great reset is not coming, it’s already here.

The mention of the “Saint Germain Trust” – a trillion-dollar fund – highlights the profound backing behind this global reset, poised to deliver the final blow to the elite’s fiat empire.

The QFS is presented as more than just a financial system; it’s framed as the ultimate proof that humanity was historically enslaved by numbers that never truly existed. As these “packets drop,” remember the core message: debt dies, and sovereignty begins.

Turn on your notifications, forward this information to those who need to hear it, and prepare to witness history unfold. The financial world as we know it is poised for a transformation unlike any other.

Read full post here:  https://dinarchronicles.com/2025/09/16/restored-republic-via-a-gcr-update-as-of-september-16-2025/

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

Militia Man    Article Quote: "The US Congress decision to revoke the Iraq war authorization adds to the success of Prime Minister...Sudani"   Congress didn't do it over many years but they have done it now.  It's possible it may not need a Senate vote in the United States. It may be well enough that they have done it in the Congress to allow them to be able to get that prestige back again on the global stage.  That's the whole idea for Iraq, to integrate into the global financial system.  The evidence is so clear...It's not my opinion...I believe it's fact.

Frank26   What is BIS?  The Bank of International Settlements.  That's the mother of all banks on this planet Earth.  I think we have permission to get excited and here's why.  The BIS, this is the right time for them to come in when we think we're seeing what we think we're seeing.  This is the time the mother come in...The Bank of International Settlement is telling the world, 'You can trust the CBI now. They've got security and stability.' 

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US Debt Scheme Leaked by Russia: Its Plan to Rewrite Gold & Crypto Rules to Wipe Out $37T Debt

Daniela Cambone:  9-15-2025

“My prediction is it’ll double...It’ll be $70 trillion and the system will get bigger,” says E.B. Tucker in this interview with Daniela Cambone.

Responding to Vladimir Putin advisor Alexander Kobyakov’s claim that Washington plans to offload its $37 trillion debt into a “crypto cloud,” Tucker cautions against overthinking the geopolitical spin.

“If the Russian power structure and the U.S. power structure have this bizarre war behind the scenes, obviously that affects us, but there’s a lot of moving parts there.”

 Instead, Tucker urges investors to focus on how to grow alongside a system that keeps expanding. “If that happens, I want my asset pile to grow with that, because otherwise I’m going to go backwards.”

For gold, he warns that central bank buying won’t last forever. “Now you get up here like 3,600 and you’re like, okay, so you could have a 10% move, but we’ve had a lot of move now… gold tends to move in advance of things changing.”

Chapters:

 00:00 US debt scheme leaked by Russia

04:30 EB’s take on the “Powerball Effect”

 08:49 Will silver rise above $50?

 13:05 What if China stopped buying gold?

15:00 Property tax revolt & why it matters

https://www.youtube.com/watch?v=s1b-WFTaIpw

Iraq Economic News and Points To Ponder Tuesday Morning 9-16-25

The Iraqi Dinar's Journey Through Five Turbulent Years

From Kadhimi's devaluation to Al-Sudani's platform: The Iraqi Dinar's Journey Through Five Turbulent Years

Baghdad Today – Baghdad  Since the end of 2020, when Mustafa al-Kadhimi's government decided to raise the official exchange rate from 1,180 to 1,450 dinars to the dollar, Iraq has been on a volatile economic trajectory that continues to this day. This decision, taken at the height of the oil price collapse, temporarily saved the general budget but opened the door to a wave of inflation that undermined the dinar's long-standing stability.

PICWith the arrival of Mohammed Shia al-Sudani's government, the Central Bank took a corrective step in early 2023, reducing the rate to 1,320, in an attempt to alleviate popular pressure. However, the crisis later deepened with the introduction of an electronic platform that linked transfer transactions to direct oversight by the US Federal Reserve.

Although the platform was abolished this year, the market has not regained its balance, with the gap between the new official rate of 1,144 dinars to the dollar and the parallel market rate remaining at least 10 to 12 points, reflecting the continued structural flaws in monetary policy management.

In this context, Abdul Rahman Al-Shaikhli, a financial and economic expert, explained to Baghdad Today that "the Iraqi foreign exchange market is witnessing significant fluctuations in the dollar exchange rate against the dinar, which has direct repercussions on the economic and commercial landscape."

This description reflects a situation that has existed for years, as the Central Bank's measures are no longer able to control the gap between the formal and parallel markets, especially after control shifted from the electronic platform to the dominance of parallel market networks.

Research estimates indicate that this gap is no longer solely related to technical procedures, but rather to deeper factors related to the nature of the rentier economy and its near-total reliance on imports.

Patchwork Procedures And Limited Treatments

Despite the government and central bank's attempts to contain the crisis, the interventions remain in the view of a number of experts without lasting impact. In a previous interview, economist Nasser Al-Kanani described attempts to control the market as "patchwork measures," explaining that "most of the decisions taken by the government and central bank do not address the problem."

This view is echoed in field experience, where the parallel market maintained its dominance even after price reduction decisions. This suggests that the problem extends beyond partial decisions to a structural flaw in the management of supply and demand. Economic analyses indicate that relying solely on ad hoc solutions fosters speculation and undermines actors' confidence in the stability of the monetary system.

Electronic Platform And Removal Of Restrictions

The electronic platform, introduced in 2023, was the most prominent US oversight tool for transfers. It required banks to disclose the identity of the final beneficiary within 24 hours, down from the previous 20-day deadline. This measure prompted many banks and merchants to refrain from dealing directly with the currency window.

Although the platform was abolished this year, its impact remained, with a gap of at least 10–12 points between the new official rate (1144) and the parallel market. According to banking estimates, the abolition did not end actual reliance on informal channels, but rather restored activity to the parallel market and kept control away from official institutions.

The Dollar Remains Captive Despite Attempts At Diversification.

Meanwhile, the Central Bank attempted to address the crisis by opening channels for remittances in alternative currencies, such as the Emirati dirham, the Turkish lira, the Indian rupee, and the euro. Central Bank Governor Ali Al-Alaq explained that "the bank is proceeding with the gradual elimination of foreign remittances and opening direct channels with foreign banks in several currencies."

However, economist Nabil Al-Marsoumi previously noted that "Iraq will remain a prisoner of the dollar as long as its oil exports are denominated in the dollar and its reserves are predominantly in it." According to research, diversification remains of limited effect, as major trade transactions with China and other countries can ultimately only be settled in dollars.

Monetary And Trade Policy: An Inseparable Intertwining

Al-Sheikhly adds, "The continuation of this volatility undermines investor confidence and delays many business plans." This diagnosis aligns with the statement of former Central Bank official Mahmoud Dagher, who emphasized that "monetary policy cannot operate in isolation from fiscal and trade policy."

According to Dagher, Iraq imports most of its needs through irregular channels, creating a parallel demand for the dollar and weakening the impact of monetary policy.

In the same context, the Prime Minister's economic advisor, Mazhar Mohammed Salih, explained that "the duality of the domestic currency is one of the most dangerous aspects, and dealing in anything other than the dinar undermines the centers of economic stability." These observations indicate that reform cannot be purely monetary, but rather requires a restructuring of both trade and financial policy.

The Political And Regional Dimension Of The Crisis

The monetary crisis was not isolated from regional balances. Dagher previously explained that "the essence of the current crisis is the conflict between the United States and Iran," while Raed Al-Azzawi, head of the Al-Amsar Center for Strategic Studies, asserted that "the Federal Reserve's steps were aimed at curbing the flow of dollars to Iran via Iraq, but the result is that the Iraqi government and people are paying the price."

This political dimension reinforces the hypothesis that the monetary crisis is not merely an economic imbalance, but rather a direct reflection of the conflicts affecting Iraq due to its geopolitical location.

Al-Sheikhly concluded by emphasizing that "exchange rate stability is a pivotal factor in supporting economic growth, revitalizing the commercial sector, and protecting Iraqi citizens' income from erosion." This social dimension reflects that citizens remain the party most affected by every wave of fluctuation.

Financial expert Hossam Al-Khaizan had previously pointed out that "continuous speculation and smuggling threaten the value of the dinar, and that families are paying the heaviest price because most food items are imported in dollars." In the same context, economic researcher Ahmed Abd Rabbo called for a comprehensive reform package, while expert Ziad Al-Hashemi warned of "further price increases due to the scarcity of the dollar supply."

Cumulative Crisis

The trajectory extending from the devaluation of the dinar in 2020, to the devaluation in 2023, to the platform's trial and subsequent abolition in 2025, demonstrates that the crisis is cumulative in nature. What has changed are the instruments: from government decisions to international oversight, then a return to local management. What has not changed is the parallel market's dominance of exchange rates.

The expected impact is that the gap between the formal and parallel sectors will persist unless structural imbalances are addressed: weak trade policy, multiple informal outlets, and the state's near-sole reliance on oil and the dollar. Ultimately, citizens remain the biggest losers from this protracted crisis, paying the price for the still-unresolved internal and external balances with their daily sustenance. Source: Baghdad Today + Agencies    https://baghdadtoday.news/283204-.html 

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

Seeds of Wisdom RV and Economic Updates Tuesday Morning 9-16-25

Good Morning Dinar Recaps,

Global Geopolitical Shifts in 2025: Power, Trade, and Realignments

Great power competition, regional conflicts, and resource battles are reshaping the global order in real time.

Great Power Competition and Economic Shifts
The Trump administration’s new protectionist policies — including a broad 10% tariff on U.S. imports — are introducing volatility into global trade. China, meanwhile, is diversifying partnerships toward Europe, Mexico, and Canada while racing the U.S. in strategic technologies such as AI and biotech.

At the same time, alternative financial systems like China’s CIPS and Russia’s SPFS are emerging to reduce reliance on the U.S. dollar. Together with a scramble for critical minerals and rare earths, these moves point toward a more fragmented, multi-aligned world rather than the globalization of the past three decades.

Instability and Realignments in the Middle East
The Middle East is undergoing rapid change. A high-level UN conference produced the New York Declaration, calling for a phased two-state solution backed by China, signaling a pivot from U.S.-led strategies toward Chinese-led development in the region.

Meanwhile, an Israeli strike in Qatar has sparked regional tensions, drawing U.S. Secretary of State Marco Rubio into emergency talks. At the same time, the withdrawal of U.S. forces from Iraq has left a vacuum that Turkey and Iran are eager to fill, reshaping the power balance in the Gulf.

Regional Conflicts and Diplomatic Shifts

• Ukraine: Attacks on Russian oil refineries heighten escalation risks even as some international actors push for ceasefire talks.

• South Caucasus: Armenia is aligning more closely with the West, with peace talks progressing with Azerbaijan, though Russia may attempt to undermine the process.

• Korean Peninsula: A new mutual defense pact between North Korea and Russia adds fresh friction, accompanied by heightened military activity.

Global Organizational Shifts
The UN, preparing for its 80th anniversary, is rolling out reforms and a leaner 2026 budget designed to strengthen efficiency. At the same time, new forums such as the Europe–Gulf Geopolitics & Investments Summit are creating alternative platforms for regional coordination and investment.

Emerging Frontiers
Beyond traditional power struggles, biotech innovation has become a new arena of rivalry, while resource competition is intensifying. South Africa is advocating for a G20 exploration fund for critical minerals, highlighting how control over resources will shape the next phase of global competition.

Why This Matters
2025 is emerging as a decisive inflection point: protectionist trade policies, new power centers in the Middle East, and a global race for resources and technology all suggest a world moving away from U.S.-led globalization toward a fractured, multi-aligned order.

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

@ Newshounds News™ Exclusive

Sources: Lazard, Atlantic Council, World Economic Forum, Modern Diplomacy, Geopolitical Futures

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US Lawmakers Tap Industry Leaders to Advance Bitcoin Reserve Bill

Michael Saylor, Tom Lee, and other crypto executives are meeting lawmakers to push forward the BITCOIN Act and Trump’s proposed Strategic Bitcoin Reserve.

High-Level Roundtable on Capitol Hill
On Tuesday, U.S. lawmakers will meet with 18 crypto industry leaders to discuss the BITCOIN Act and President Trump’s plan to establish a Strategic Bitcoin Reserve. The roundtable will be hosted by advocacy groups The Digital Chambers and The Digital Power Network.

Participants include Strategy’s Michael Saylor, Fundstrat and BitMine’s Tom Lee, and MARA CEO Fred Thiel. The full roster represents a mix of Bitcoin miners, venture capital executives, banking representatives, and digital asset investors.

Inside the BITCOIN Act
Introduced in March by Senator Cynthia Lummis, the BITCOIN Act calls on the U.S. government to acquire one million Bitcoin over five years. Purchases would be financed jointly by the Federal Reserve and Treasury under Trump’s executive order — but only through budget-neutral strategies, ensuring no direct burden on taxpayers.

Lawmakers are considering methods such as revaluing Treasury gold certificates and using tariff revenues to offset costs. The bill is positioned as the next major piece of U.S. crypto legislation following the GENIUS Act, which established new stablecoin rules in July.

Industry’s Role in Shaping Policy
Executives attending the meeting will present proposals for funding mechanisms and coalition-building to overcome political resistance. They will also seek clarity on why the bill has stalled over the last six months and address concerns raised by skeptical lawmakers.

Among those participating:

• Bitcoin miners from CleanSpark, MARA, and Bitdeer

• Crypto venture capital firms Off the Chain Capital and Reserve One

• Investment leaders from eToro US, Western Alliance Bank, and Blue Square Wealth

Why This Matters
The BITCOIN Act represents an ambitious attempt to integrate Bitcoin directly into U.S. reserves, signaling a structural shift in how Washington views digital assets. If advanced, it could position Bitcoin as a core reserve asset alongside gold, reshaping both domestic monetary strategy and America’s role in global finance.

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

@ Newshounds News™
Source: Cointelegraph

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MoonPay Acquires Meso to Build a Global Payments Network

The deal underscores a drive toward unified systems that could underpin a future global financial reset.

Expanding Global Reach
MoonPay, a leading crypto payments infrastructure provider, announced Monday that it has acquired startup Meso in a strategic move to advance its international ambitions. The acquisition is aimed at building a global payments network that seamlessly links banks, card systems, stablecoins, and blockchains.

Meso’s co-founders, Ali Aghareza and Ben Mills, will join MoonPay’s leadership team as Chief Technology Officer and Senior Vice President of Product. Both bring prior experience from major financial platforms, including Braintree, PayPal, and Venmo.

Toward a Unified System
MoonPay stated that the move will help establish a unified regulatory framework, aligning with key U.S. licenses and Europe’s MiCA regime. CEO Ivan Soto-Wright said: “We’ve built trusted ramps that brought millions into crypto, now we’re building the global network that will move money across every form and in every market.”

This acquisition follows MoonPay’s earlier purchases of Helio, Iron, and Decent.xyz, each strengthening its payments infrastructure. These deals expand support for crypto purchases via cards, bank transfers, and mobile payments, positioning MoonPay as a bridge between traditional finance and digital assets.

The Bigger Picture: Reset for Global Finance
MoonPay’s expansion is not just about company growth — it reflects a larger shift toward a globally integrated financial system. To function, a global reset requires payment networks capable of operating across borders, asset classes, and regulatory zones. MoonPay is aligning its strategy precisely with that need.

Why This Matters
The acquisition of Meso highlights how crypto infrastructure players are preparing the foundation for a new era of finance — one that connects every major payment channel into a single, global system. Moves like this bring the financial reset one step closer.

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

@ Newshounds News™
Source: The Block   

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps