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Iraq Economic News and Points To Ponder Tuesday Evening 10-21-25

The Central Bank Develops The Structure Of External Financial Transfers: A Decisive Step Against Manipulation And Smuggling.
 
Reports  Economy News – Baghdad  In a new effort to   limit the smuggling of foreign currency and   regulate foreign trade, the     Central Bank of Iraq has taken a decisive step by issuing binding instructions to    regulate the mechanism for dealing with commercial invoices in all authorized banks,   in coordination with the   Ministry of Finance and the    General Authority of Customs, within the framework of      implementing Cabinet Resolution No. (569) of 2025.

The Central Bank Develops The Structure Of External Financial Transfers: A Decisive Step Against Manipulation And Smuggling.
 
Reports  Economy News – Baghdad  In a new effort to   limit the smuggling of foreign currency and   regulate foreign trade, the     Central Bank of Iraq has taken a decisive step by issuing binding instructions to    regulate the mechanism for dealing with commercial invoices in all authorized banks,   in coordination with the   Ministry of Finance and the    General Authority of Customs, within the framework of      implementing Cabinet Resolution No. (569) of 2025.

These measures are part of the national project to automate and modernize customs.
 
They aim to enhance transparency and oversight of foreign money transfers,at a time when Iraq is facing increasing challenges in   controlling the flow of funds and   intensifying regulatory measures   to curb   fraud and    smuggling.
 
As of Wednesday, January 1, 2025, the   Central Bank of Iraq suspended the electronic platform used to sell dollars      to banks and companies   at the official exchange rate of 1,320 dinars per dollar.
 
Deputy Governor of the Central Bank, Ammar Khalaf,   told reporters that the electronic dollar platform has been suspended, but that     foreign trade financing continues through banks,   according to mechanisms that parallel those in place worldwide.
 
In a related statement, the Central Bank of Iraq previously explained that  this transition went through several stages in the foreign exchange process,    beginning with the foreign currency buying and selling window,     moving on to the electronic platform for foreign transfers, and     concluding with gradual balance enhancements throughout 2024,     with full implementation occurring in the final week of that year.
 
The Central Bank of Iraq recently issued a new circular to all authorized banks,   which included detailed instructions regarding    commercial invoices whose values ​​are required to be transferred abroad,     based on the directives of the      Ministry of Finance and the      General Authority of Customs, and within the framework of      facilitating the implementation of Cabinet Resolution No. (569) of 2025.
 
According to the circular, it was decided that  the commercial invoice must include a set of basic information, most notably:   invoice number and date,   payment and shipping terms,   currency and value, the   Harmonized System of Customs (HS Code),   which must not be less than six digits, in addition to   data on the exporter and importer, and a   precise description of the goods, their   origin,      brand,   quantity,    unit of measurement,   unit price, and  total price.
 
The circular also indicated the adoption of one of two types of invoices: either the   final commercial invoice, or the   preliminary invoice   attached to the sales contract, provided that the   final invoice contains all the information included in the preliminary invoice.
 
The Central Bank confirmed that   these instructions will be officially adopted for      financial transfers and      customs clearance operations   starting November 1, 2025.
 
Meanwhile, the Prime Minister's Advisor for Financial and Economic Affairs,   Mazhar Mohammed Salih, said that the      new measures announced by the Central Bank of Iraq    to prevent dollar smuggling, which   will be implemented starting next month,     "appear to be good for now."
 
"We can wait for its effectiveness,   but it looks good for now," Saleh added to Al-Eqtisad News, indicating that the      results of these measures can be evaluated after their actual implementation.

For its part, the Echo Iraq Observatory commented   on the new instructions issued by the Central Bank of Iraq      regarding the regulation of commercial invoices for   financial transfers and    customs clearance,   considering them an important step toward    enhancing transparency and     controlling financial procedures.
 
The Observatory said that Circular No. (267/4/9) dated October 15, 2025,   directed authorized banks to include in commercial invoices basic information related to   payment and shipping terms,   value and invoice currency, and the   Global Harmonized System of Customs (GHS) code, in addition to the   addresses of the importer and exporter, a   description of the goods, their   origin and trademark, in addition to the   quantity,   unit price and   total price.
 
Echo Iraq explained that the  Central Bank stipulated the adoption of one of two types of invoices: either the   final commercial invoice or the   preliminary invoice attached to the sales contract,   provided that the final invoice contains all the information of the preliminary invoice.
 
The Observatory confirmed that these instructions   will be implemented starting November 1, 2025, noting that the   decision falls within the framework of the National Automation Project,    which seeks to      regulate foreign transfers more precisely and     reduce loopholes that could be exploited for manipulation or evasion.
 
Echo Iraq considered the   new instructions a      positive step toward unifying banking and customs procedures,   contributing to reducing errors and      improving oversight of commercial transactions,    thus supporting the    Customs Modernization and Financial Governance Project in Iraq.    https://economy-news.net/content.php?id=61442    

 
Monetary Policy And Financial Stability In The Archives Of The Writings Of The Governor Of The Central Bank Of Iraq
 
Samir Al-Nusairi    The Central Bank of Iraq,   since its establishment in 1947 and until 2025,      has gone through phases of phenomena, challenges and achievements.
 
These 78 years have witnessed major transformations in   objectives,   tools,   functions and mechanisms,   particularly the shift of monetary policy      from a traditional policy      to an unconventional policy aimed at     stimulating the economy and    moving it rapidly towards economic growth,    enhancing financial stability      in accordance with new international standard criteria,    regulating the global financial system,     achieving a digital transformation methodology and    moving       from a monetary economy            to a digital economy.
 
What distinguished the Central Bank's journey were the   fundamental pillars and   foundations that were built during the years (2015-2020) and the   implementation of these pillars bore fruit in the years (2023-2025)      through the implementation of         new policies,         initiatives and         programs adopted by the Central Bank.
 
The important thing here is to   read the past,   analyze it and   build on it in      drawing a picture of the future.
 
This is achieved  when there are real economic leaders who   examine reality and   sense the future with insightful eyes      that look with great hope to      building a strong and solid national economy     based on clear foundations to achieve    comprehensive and   radical reform and a    solid, modern, comprehensive and flexible banking sector,   while revolutionizing the basic productive sectors such as     agriculture and      industry,    diversifying sources of national income     other than oil and   moving   from rentierism    to productivity.
 

In light of my review of the archive of what was written about the Central Bank,   I found that the most prominent thing in the archive    is what was written by the Governor of the Central Bank,   Dr. Ali Mohsen Al-Alaq,   in his books entitled   (Writings on Monetary Policy and Financial Stability),   published in 2021,  and the book(Managing the Central Bank from the Margins of the Past to the Body of the Future),   published in 2022.
 
In the first book, in 10 chapters, he explained the role of the Central Bank in   facing the economic and security challenges and shocks in (2015-2016),   presented the challenges of the general budget, and   reviewed the structure and presentation of the budget within the  framework of the macroeconomy and the      stability of public finances (2017-2021), and      reduced the exchange rate of the Iraqi dinar,   its determinants and alternatives, and    concluded with the components of the desired economic development.
 
The second book discusses, in a scientific, realistic, and analytical manner,   a significant phase of the challenges faced by the Central Bank of Iraq      during the most dire circumstances Iraq has ever faced.
 
The Central Bank shouldered the burden of confronting the crises facing our   national economy and   bridging the deficit in the general budget      by rediscounting treasury transfers issued by the government,    which had a significant impact     on the decline in foreign exchange reserves    to 43 billion dinars in 2016.
 
The book includes nine chapters that address   strategic planning and   change management.
 
The emerging objectives of central banks include the   shift from rules-based to risk-based oversight, the   transition      from combating inflation   to stimulating economic growth, the   presentation of      functions,    tools,  programs, and   standards aimed at   achieving the two above-mentioned objectives, the    application of prudential oversight standards, and the    management of the central bank's foreign reserves,    which lead to a set of fundamental objectives in    enhancing confidence in     monetary policy and the    exchange rate.
 
It also includes the   features,   determinants, and   indicators of central bank independence, in addition to the   issue of selling foreign currency through the central bank's window,      as well as the   justifications,   facts, and   economic,   legal,   financial,   commercial, and   monetary phenomena behind the currency selling window.
 
It also addresses the difficult circumstances experienced   by the central bank's management in resolving the      Financial Action Task Force's (FATF) observations.
 
Chapter Seven provides   an overview of the banking sector in Iraq      as the main component of the financial system,    subject to the     supervision and    control  of the Central Bank.
 
The chapter also addresses the strategic projects implemented to  regulate and  stimulate the sector, the mechanisms for enhancing financial stability, and  clearly points to banking credit   and its utmost importance in achieving  economic and   banking reform.
 
It also presents the  vision and   programs      of the banking reform process that    we are currently witnessing.
 
The book presented a presentation of the great effortsand what was achieved within the framework of   economic reform and   financial discipline and    showed with high transparency the    features of Iraq's finances   before and    after 2003 in its total form.
 
The chapter also included Iraq's debts before and after 2003,  which is a preemptive expectation of what the Central Bank   has currently announced regarding the position of     external and     domestic debt.
 
Through my careful reading of what was included in the two books, I confirmed that Professor Al-Alaq has made a great   intellectual and   economic effort  in an accurate diagnostic presentation of the most prominent     challenges,    achievements,   structural, and   technical developments in the management of the Central Bank,  which played a fundamental and important role in  drawing the roadmap for the new fifth era of the Central Bank, which began in 2015 and is still continuing  with a steady approach and steps to achieve the objectives of  monetary policy,  support and stimulate the national economy, and   achieve complete financial stability, which is the central goal of   economic,   banking, and     financial reform.    https://economy-news.net/content.php?id=61406    
  

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

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Seeds of Wisdom RV and Economics Updates Tuesday Evening 10-21-25

Good Evening Dinar Recaps

BRICS Gold Glory: China’s 40-Tonne Discovery Reshapes Global Wealth Dynamics

China’s massive gold find accelerates BRICS’ push for a gold-backed trade era.

China’s Gold Boom and the BRICS Standard

China’s recent 40-tonne gold discovery in Gansu Province is sending ripples through global financial markets. The discovery — equivalent to two large-scale mines — comes as BRICS nations intensify efforts to anchor trade to gold rather than the U.S. dollar.

Good Evening Dinar Recaps

BRICS Gold Glory: China’s 40-Tonne Discovery Reshapes Global Wealth Dynamics

China’s massive gold find accelerates BRICS’ push for a gold-backed trade era.

China’s Gold Boom and the BRICS Standard

China’s recent 40-tonne gold discovery in Gansu Province is sending ripples through global financial markets. The discovery — equivalent to two large-scale mines — comes as BRICS nations intensify efforts to anchor trade to gold rather than the U.S. dollar.

According to China’s Ministry of Natural Resources, additional finds in Inner Mongolia and Heilongjiang bring the cumulative increase in verified resources to 168 tonnes, marking one of the country’s largest annual reserve expansions in decades.

“The discovery provides valuable experience for future gold exploration in similar areas,” said the Gansu Department of Natural Resources.

These announcements arrive as BRICS members — Brazil, Russia, India, China, South Africa, and new entrants such as Saudi Arabia — continue exploring gold-backed settlement systems. The underlying aim: reduce reliance on Western clearing mechanisms and dollar-denominated debt markets.

Gold Reserves by Country (2025)

At present:

  • United States – 8,133 tonnes

  • Germany – 3,351 tonnes

  • Italy – 2,451 tonnes

  • France – 2,452 tonnes

  • Russia – 2,333 tonnes

  • China – 2,280 tonnes

As central banks offload U.S. Treasuries and purchase gold at record levels, the BRICS bloc’s combined reserves are now approaching parity with Western holdings, signaling a monetary power shift in progress.

From Trade Settlements to Monetary Strategy

BRICS nations are building alternative payment systems where transactions are settled in local currencies and backed by gold. This framework minimizes exposure to sanctions and removes counterparty risk.

For global investors, the implications are enormous:

  • Gold has become a strategic hedge against fiat volatility.

  • Physical reserves are now a political instrument in the emerging multipolar order.

  • Trust in U.S. fiscal and monetary policy continues to decline amid rising deficits.

Strategic and Structural Implications

China’s control over rare earths, combined with its expanding gold reserves, positions it at the nexus of global commodity power. This strategy undercuts Western dominance across defense, energy, and technology sectors.

Meanwhile, U.S. policymakers face ballooning deficits and diminished leverage in resource-backed negotiations. The result is a financial realignment that favors tangible assets over debt-based instruments — a reversal of the post-1971 fiat paradigm.

Why This Matters

The BRICS gold accumulation is not just about wealth; it’s about redefining the global monetary order. As gold once again becomes the benchmark for trade credibility, nations outside the Western bloc are establishing the foundations of a new financial architecture — one that prizes tangible value over debt instruments.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:


~~~~~~~~~

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Hidden $5.1T Debt Bomb will Dwarf 2008 Crisis

Hidden $5.1T Debt Bomb will Dwarf 2008 Crisis

Daniela Cambone:  10-20-2025

The financial news often hums with anxieties about inflation, interest rates, and global markets.

But what if there’s a ticking time bomb within the very fabric of your local community, a crisis so pervasive it threatens to dwarf the 2008 subprime mortgage meltdown?

This isn’t hyperbole; it’s the stark warning

Hidden $5.1T Debt Bomb will Dwarf 2008 Crisis

Daniela Cambone:  10-20-2025

The financial news often hums with anxieties about inflation, interest rates, and global markets.

But what if there’s a ticking time bomb within the very fabric of your local community, a crisis so pervasive it threatens to dwarf the 2008 subprime mortgage meltdown?

This isn’t hyperbole; it’s the stark warning issued by Mitch Vexler, a real estate developer and whistleblower, in a recent, eye-opening video from ITM Trading.

Vexler paints a disturbing picture of the U.S. financial system, one riddled with systemic risk fueled by a massive surge in corporate debt and, more alarmingly, a deeply embedded fraud within the municipal school bond market.

This isn’t just about abstract financial instruments; it’s about the integrity of our homes, our tax dollars, and potentially, our entire economic stability.

At the heart of Vexler’s exposé is a staggering revelation: over $5 trillion in municipal school bonds have been issued nationwide based on fraudulent appraisals and sophisticated financial engineering.

 How does this work? Imagine a scenario where home values are artificially inflated, not through genuine market growth, but through manipulated appraisals. These inflated figures then become the basis for school districts to issue bonds, effectively leveraging homeowners’ properties as collateral.

This, Vexler argues, is a colossal “Ponzi scheme.” Homeowners, unaware of the manipulated valuations or the true extent of the debt being issued, are unknowingly providing the backing for bonds that they, as taxpayers, will ultimately be responsible for.

The alarming consequence? A default risk that hasn’t been seen since the brink of the 2008 financial crisis.

One of the most infuriating aspects of this crisis is the apparent failure of those tasked with oversight. Credit rating agencies, crucial gatekeepers of financial integrity, seem to have turned a blind eye.

 Vexler points out a conflict of interest: these agencies profit from the continuous issuance of debt and bonds, making them inherently disincentivized to uncover or expose the very frauds that fuel their business.

Furthermore, the mechanisms designed to ensure accurate appraisals and financial transparency are systematically bypassed. Standards like USPAP (Uniform Standards of Professional Appraisal Practice), the critical calculation of Net Operating Income (NOI), and debt service ratios – all intended to safeguard against over-leveraging and misrepresentation – are either ignored or actively manipulated.

This creates a dangerous feedback loop where inflated property values justify unsustainable bond amounts, and homeowners are left bearing the brunt of tax burdens they can no longer realistically afford.

The parallels drawn between the current municipal bond crisis and the 2007-2008 mortgage-backed securities collapse are chilling. However, Vexler emphasizes that the current situation is not just a repeat, but a significantly larger and more intricate beast.

The scale of the school bond fraud, its deep entanglement with public finance, and the involvement of essential public services like education, create a systemic risk that could have far-reaching and devastating consequences.

Vexler’s dire warning is stark: with an estimated 37% of U.S. households facing the specter of bankruptcy or foreclosure due to these inflated tax burdens, a municipal meltdown is not a distant possibility but a looming reality.

This crisis, he suggests, has the potential to dwarf the impact of the last major financial crash.

The path to rectifying this deep-seated fraud is fraught with political and legal challenges. Vexler highlights ongoing court cases aimed at exposing and correcting the deception, but obtaining transparency from school districts and government entities often proves to be an uphill battle.

His proposed solutions are bold and necessary: legislative reforms that could include repealing property taxes to alleviate the burden on homeowners, and, crucially, criminal accountability for school superintendents and appraisers who have played a role in perpetrating this fraud.

For investors looking to safeguard their assets, Vexler offers clear guidance: steer clear of the fraudulent school bonds. He advocates for safe havens such as gold, silver, and real estate assets free of debt.

The message is one of urgent warning and a call to action. Vexler stresses the critical need for federal and state intervention to cap and unwind this fraudulent debt before it spirals further out of control. Awareness is the first step, but it must be followed by decisive action to prevent a national financial dis¬aster.

This is a crisis that affects every homeowner, every taxpayer, and potentially every investor. It’s time to pay attention. Watch the full video from ITM Trading for in-depth insights and to understand the full scope of this alarming situation.

https://youtu.be/tLkOgeXuJOw

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Ariel : We were Not Supposed to Benefit

Ariel : We were Not Supposed to Benefit

10-20-2025

Why You Should Feel Fortunate: We Were Not Supposed To Benefit

The Cabal’s Token Veil – Digitized Bloodline Heist

The IQD was never for the masses but forged as a private cabal conduit for the banking bloodlines, now tokenized on XRPL rails alongside XRP and XLM to bridge ancient wealth into ISO20022 quantum ledgers; insider intercepts reveal Iraq’s “repatriated” Sadaam-era gold stash unrecorded 500+ tons buried in Babylonian vaults powers this silent RV, with Najaf summit pacts binding the dinar to BRICS gold-backed resets, rendering every held note a dormant behemoth in value.

Ariel : We were Not Supposed to Benefit

10-20-2025

Why You Should Feel Fortunate: We Were Not Supposed To Benefit

The Cabal’s Token Veil – Digitized Bloodline Heist

The IQD was never for the masses but forged as a private cabal conduit for the banking bloodlines, now tokenized on XRPL rails alongside XRP and XLM to bridge ancient wealth into ISO20022 quantum ledgers; insider intercepts reveal Iraq’s “repatriated” Sadaam-era gold stash unrecorded 500+ tons buried in Babylonian vaults powers this silent RV, with Najaf summit pacts binding the dinar to BRICS gold-backed resets, rendering every held note a dormant behemoth in value.

The Forging of the Dinar as Elite Conduit: Bloodline Architecture Unveiled

In the shadowed vaults of 1932, when the Iraqi Dinar emerged from the ashes of Ottoman collapse under British mandate engineering, it was never birthed for the masses but as a precision instrument in the hands of the veiled architect families the Rothchilds, Rockefellers, and their interlocking kinships

Who threaded it into the Bretton Woods scaffold as a latent wealth reservoir, artificially pegged at 1 IQD to 4.86 USD through fiat illusions sustained by Sadaam Hussein’s iron- controls, amassing untraceable hoards of 500+ tons of Babylonian-sourced gold (buried in Najaf’s subterranean crypts, cross-verified via seismic anomalies in 2004 intercepts) that funneled petrodollar tributes back to London and New York clearinghouses, where each dinar note served as a tokenized proxy for off-ledger bloodline transfers, evading the Basel accords’ gaze while inflating colonial-era debts onto emerging nations.

This was no mere currency but a chimeric ledger, its value suppressed post-1990 sanctions not by war’s chaos but orchestrated through Coalition Provisional Authority edicts in 2003, which swapped “Swiss dinars” (elite-held, 1:1 parity relics) for “Sadaam dinars” diluted 1,000:1

Ensuring the masses clutched worthless paper while the families’ vaults swelled with the real arbitrage trillions in phantom liquidity siphoned via black-market spreads that widened to 20% premiums, a engineered bleed that kept the dinar as their private guillotine, chopping sovereignty into compliant fragments for BRICS-adjacent oil barons and IMF puppeteers alike.

The Unchaining: Fractures in the Veil and Public Ascension Protocols

The rupture ignited in July 2025’s Rio Reset at the BRICS summit, where the “Rio Declaration” (cloaked in de-dollarization rhetoric but laced with quantum financial system blueprints) severed the dinar’s umbilical to Western clearinghouses by mandating XRPL’s public ledger as the mandatory bridge for all BRICS+ trade (Iraq’s observer status fast-tracked via al-Sudani’s backchannel nods), unleashing the CBI’s 170-ton gold reserves into open-pegged tokens that democratized access suddenly

Any holder with a digital wallet could stake IQD derivatives against BRICS’ commodity basket, bypassing the families’ escrows and flooding liquidity into public exchanges like Binance’s IQD/XRP pairs (speculation ignited post-Rio, with volumes tripling to $500 million daily).

This unchaining cascaded from Iranian sanctions fractures (slipping Tehran’s militia grips on Basra flows) and Trump’s Savaya envoy conduit, which funneled Treasury audits into Rafidain’s vaults, exposing 45+ U.S. state gold/silver legal tender laws as the final wedge Idaho and Texas edicts (2024 expansions) rendered fiat debts obsolete, allowing dinar redemptions at pre-1932 parities ($3.22+ adjusted for inflation) without IRS clawbacks on gold-backed conversions

Transforming the masses’ “worthless paper” into sovereign multipliers where a $1,000 stack at 1:1 yields $1 million, or 3:1 vaults $3 million, as blockchain’s transparency (XRPL’s timestamped irrefutability) pulverized the cabal’s opacity, birthing a multipolar deluge by Eid al-Fitr 2025/ 2026 where the dinar, once their guillotine, becomes the people’s scythe harvesting trillions from the old guard’s extinction event, with every unboxed note now a portal to the reset’s dawn.

Source(s):  https://x.com/Prolotario1/status/1980406664588038559

https://dinarchronicles.com/2025/10/21/ariel-prolotario1-we-were-not-supposed-to-benefit/

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Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 10-21-25

Good Afternoon Dinar Recaps

“Budapest Bound: Donald J. Trump & Vladimir V. Putin’s Summit Shakes Europe’s Foundations”

How a planned U.S.–Russia summit in Hungary is stirring unease across the Atlantic

A forthcoming summit between Donald Trump of the U.S. and Vladimir Putin of Russia in Budapest—hosted by Hungarian Prime Minister Viktor Orbán—has sparked concern in European capitals and among Ukraine’s leadership about the implications for the trans-Atlantic alliance. 

Good Afternoon Dinar Recaps

“Budapest Bound: Donald J. Trump & Vladimir V. Putin’s Summit Shakes Europe’s Foundations”

How a planned U.S.–Russia summit in Hungary is stirring unease across the Atlantic

A forthcoming summit between Donald Trump of the U.S. and Vladimir Putin of Russia in Budapest—hosted by Hungarian Prime Minister Viktor Orbán—has sparked concern in European capitals and among Ukraine’s leadership about the implications for the trans-Atlantic alliance. 

The Setting

  • The summit is expected to take place in Budapest in late October. 

  • Hungary, under Orbán, has developed a more conciliatory posture toward Russia and has opposed deeper EU military support for Ukraine. 

  • Poland has publicly warned that Putin entering its airspace en route to Hungary could trigger the obligation under the International Criminal Court (ICC) arrest warrant to detain him. 

Tensions and Issues at Stake

  • European leaders fear the venue and host’s alignment will legitimise Russia and weaken Ukraine’s negotiating position. 

  • Ukraine has signalled it would only participate if treated as an equal party and has criticised Hungary’s neutrality. 

  • The summit may influence decisions on Ukraine’s future, sanctions on Russia, NATO cohesion and the broader rules‐based order.

Why This Matters

The implications of this summit go far beyond a bilateral meeting:

  • It tests the unity of the U.S.–European alliance at a moment when Russia’s war in Ukraine is still raging and the stakes are high.

  • A perceived sidelining of Ukraine or reward to Russia could undermine the principle that borders cannot be changed by force—a key component of the post-Cold War order.

  • It signals that personal diplomacy (Trump–Putin) may bypass institutional channels (NATO, EU) which could alter how multilateral security frameworks operate.

  • The summit’s optics—Hungary hosting Russia’s leader under ICC warrant—raise legal and diplomatic risks for NATO members and EU states.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:


~~~~~~~~~

“Mining Power Play: Donald J. Trump & Anthony Albanese’s U.S.–Australia Critical-Minerals Alliance”

How Washington and Canberra are teaming up to break China’s grip on strategic materials and reshape defence supply lines

On October 20, U.S. President Donald Trump and Australian Prime Minister Anthony Albanese announced an $8.5 billion framework agreement aimed at bolstering mining and processing of critical minerals—such as rare earth elements—between the United States and Australia, signaling a strategic shift in global supply-chains and geopolitics. 

Details of the Agreement

  • The White House released a framework stating that both countries will invest at least US$1 billion each over the next six months into mining and processing projects. 

  • The U.S. Export-Import Bank (EXIM) announced letters of interest totalling ~US$2.2 billion for seven Australian projects, potentially unlocking up to US$5 billion of total investment. 

  • Key motivating factor: China’s recent tightening of export controls on rare earths and magnets used in semiconductors, defence and advanced manufacturing. 

Strategic Implications

  • The pact is part of a broader push to reduce Western reliance on Chinese supply chains for defence and high-tech industries. 

  • Australia’s mining sector jumps in significance—from supplying raw minerals to becoming a hub for processing and refining under Western security architectures.

  • The deal also underscores a greater convergence of economics and defence: critical materials are now firmly in the strategic diplomacy domain.

Why This Matters

  • Supply-chain security is now a core element of geopolitical competition: by securing alternative mineral sources, the U.S. and Australia aim to blunt China’s leverage over high-tech and defence sectors.

  • The deal reflects that “resource diplomacy” is back: access, control and refinement of critical minerals are being treated as matters of national security, not just commerce.

  • It may trigger ripple effects: China may retaliate or intensify its own export controls, global mining companies may shift strategy, and countries with rich mineral endowments might find themselves in the centre of great-power competition.

  • For global defence, ensuring Western allies have secure access to essential components (like rare earth magnets, gallium, etc.) is now as important as conventional arms procurement.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:


~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts 
Youtube and Rumble

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Wells Fargo Customer Lost $4,400 Just Hours After Depositing A Check

Wells Fargo Customer Lost $4,400 Just Hours After Depositing A Check — and a legal loophole nearly left her in the lurch

Mike Crisolago  Mon, October 20, 2025

A Houston woman paid a steep price, literally, for a simple bank deposit that she made at her local Wells Fargo branch.

Willie Delane told her local Fox 26 network that on September 15 she deposited a life insurance check totalling $10,000 into her Wells Fargo bank account.

“I've been with Wells Fargo for so long, years and years” she said in the story. This is why, when she received a text roughly nine hours later saying that there was something fishy with a transaction involving her account, she called customer service. (1)

Wells Fargo Customer Lost $4,400 Just Hours After Depositing A Check — and a legal loophole nearly left her in the lurch

Mike Crisolago  Mon, October 20, 2025

A Houston woman paid a steep price, literally, for a simple bank deposit that she made at her local Wells Fargo branch.

Willie Delane told her local Fox 26 network that on September 15 she deposited a life insurance check totalling $10,000 into her Wells Fargo bank account.

“I've been with Wells Fargo for so long, years and years” she said in the story. This is why, when she received a text roughly nine hours later saying that there was something fishy with a transaction involving her account, she called customer service. (1)

According to Delane, the Wells Fargo rep said that they would freeze her account and cancel her bank card, with a replacement to be issued by mail.

The next morning, however, Delane discovered that her account was $4,400 short — the money was transferred from her savings account to her checking account, and then withdrawn.

She says she didn’t make the “teletransfer” but Wells Fargo claims she did, and at first refused to refund the money. But all's well that ends well — after the news report aired, Delane says she checked her account and Wells Fargo returned the missing funds to her account. (2)

How could a simple text message result in a $4,400 fraud? And how can you prevent it from happening to you?

The Legal Loophole That Could Cost You Thousands

The CalCoast Times reports that, when contacting Wells Fargo about the text message she received, Delane called the customer service number listed in the message. (3) This could be a sticking point in the fraud case due to a law called Regulation E within the Electronic Fund Transfer Act (EFTA).

According to the Consumer Financial Protection Bureau (CFPB), (4) Regulation E essentially protects Americans who fall victim to suspected fraud via an electronic transfer of funds from their financial institution. They add that if a case that falls under Regulation E is reported to a financial institution in a timely manner, then the institution must “promptly investigate” and “correct the error within one business day after determining that an error has occurred.”

That said, Consumer Reports (CR) points out that if a customer is “tricked and ends up authorizing money to be sent to scammers,” the banks are often no longer liable for reimbursing them. (5)

And not only that, but National Consumer Law Center senior attorney Carla Sanchez-Adams told CR that “Financial institutions across the board are not reimbursing consumers” in such situations but, rather, “fight(ing) tooth-and-nail to hold the consumer liable.”

CR adds that Wells Fargo faced multiple class-action lawsuits in recent years from victims of fraudulent wire transfers, while customers at other banks are falling prey as well.

The bank, for the record, says it’s investigating this most recent matter, though the Fox 26 story notes that Wells Fargo had previously claimed that Delane “made the transactions and the money will not be returned.”

How to fight back against financial fraud

The Federal Trade Commission (FTC) reported $12.5 billion in consumer fraud losses last year, a number, they said, that’s up 25% from 2023. (6) The fraud ranges from investment to imposter scams, with text messages proving the third most popular means of contact for the con after email and phone calls.

TO READ MORE:  https://finance.yahoo.com/news/wells-fargo-customer-loses-4k-220000160.html

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News, Rumors and Opinions Tuesday 10-21-2025

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 Restored Republic via a GCR: Update as of Tues. 21 Oct. 2025

Compiled Tues. 21 Oct. 2025 12:01 am EST by Judy Byington

Summary:

This week, a comprehensive report compiled by Judy Byington suggests that the long-awaited financial overhaul may no longer be a future event, but a current reality unfolding behind closed doors.

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 Restored Republic via a GCR: Update as of Tues. 21 Oct. 2025

Compiled Tues. 21 Oct. 2025 12:01 am EST by Judy Byington

Summary:

This week, a comprehensive report compiled by Judy Byington suggests that the long-awaited financial overhaul may no longer be a future event, but a current reality unfolding behind closed doors.

According to her update for Tuesday, October 21, 2025, the activation sequence has finally been initiated, marking a historic and irreversible shift toward a gold-backed global financial system.

Here is a detailed breakdown of the key claims and evidence presented in the report, signaling a massive transition for currencies, banking, and governance.

The central claim of the update is that the foundational mechanism for the GCR has been triggered. The report emphasizes the critical role of Iraq, stating that the Iraqi Dinar officially revalued today, paving the way for 207 other nations’ currencies to follow suit.

Crucially, this financial milestone is said to coincide with the activation of the highly anticipated Gold-backed Quantum Financial System (QFS). This system, rumored for its quantum security and imperviousness to centralized manipulation, is reportedly humming beneath the surface.

As confirmation of this institutional movement, the report highlights a monumental announcement made on Monday, October 20, 2025: the Iraqi Gazette officially published the full Tier 4B redemption sequence. 

This included detailed procedural timelines issued by the Central Bank of Iraq (CBI) for exchange centers, appointment scheduling, and private investor redemption. For those following the GCR narrative, this publication represents the undeniable “green light” long associated with the RV’s commencement.

Tier 4B, often referred to as “Us” or the “Internet Group” of private currency and bond holders, is now supposedly entering the long-awaited phase of redemption.

While the official signals are public (via the Iraqi Gazette), the actual process of exchange is reportedly functioning in near-total silence. This phase is being dubbed the “Quiet Activation.”

The convergence of independent intelligence streams—from banking whispers about test transactions to published legal documents in Iraq—suggests that the claims are entering a new, critical phase.

The report concludes with a potent warning: Tier 4B may already be activating behind closed doors, or this could be the final, high-pressure stress test before the floodgates open.

For those holding assets, the message is clear: Stay alert. Stay disciplined. If the signals contained within this report are accurate, the preparatory phase may officially be over. The first wave of this tectonic shift is reportedly moving in silence, defined by signed legal documents and blinking terminals.

The system is awake. Timing is everything, and according to this pivotal report, the time for preparedness has officially shifted into the time for execution.

Read full post here:  https://dinarchronicles.com/2025/10/21/restored-republic-via-a-gcr-update-as-of-october-21-2025/

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

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

Mnt Goat   I don’t see how the CBI is going to pull off retrieving all these notes from the stashes in the homes without some incentive to bring them in thus what would the incentive be The only incentive I know is to give them a rate change just over a dollar, thus the dinar is worth more than the dollar.

Militia Man  You see the largest financial institutions in the world openly being involved in Iraq.  For crying out loud there's news on CNBC about Iraq.  Western media, that's huge.  That's really because it's telling...

Frank26   [Iraq boots-on-the-ground report]  FIREFLY: Mr Sammy says we have those laws, 150 of them.  The budget is waiting to go to parliament and many of thoilitiaMan and Crew:  News Update-New Era-Digital Banking

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

Breaking Vietnam Zimbabwe & Iraq News!

Dr. Kia Pruit:  10-21-2025

https://www.youtube.com/watch?v=wBC-y5cN5JQ

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Tuesday Coffee with MarkZ,. 10/21/2025

Tuesday Coffee with MarkZ,. 10/21/2025

Some highlights by PDK-Not verbatim

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

Member: Good morning, MarkZ, Mods, and everyone!

Member: What are you hearing from the bond side Mark?

Tuesday Coffee with MarkZ,. 10/21/2025

Some highlights by PDK-Not verbatim

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

Member: Good morning, MarkZ, Mods, and everyone!

Member: What are you hearing from the bond side Mark?

MZ: The bond side is still dead silent. The first check in of the week should be late this evening. I will update then if there is anything fun….If not I will tell you tomorrow.

Member: Mark, Has the full HCL law passed in Iraq.

MZ: Not yet….but we are watching it.

​​Member: F26 said that part of the HCL was done.

Member: 70% of the articles of the oil and gas law have been agreed upon

Member: 12-2c allegedly became law yesterday now they are possibly waiting on 50000 dollar an ounce gold prices?

Member: Hey Mark, do you believe Iraq will do an in-country rate and then release to an international rate like Kuwait did for 10 days?

MZ: No, I don’t think they can keep is quiet in today’s internet age. Kuwait happened before the widespread adoption of the internet.

MZ: “The Kurdistan region deposits 120 billion dinar in the Federal Finance account” this is for August salaries…so they are still considerably behind. But it seems everything is working like its supposed to….or close enough. Money is moving….which is important for HCL

Member: The Iraqi elections are less than a month away. Sudani better get moving

MZ: The election runoffs start about Oct 26th. Then elections start Nov. 11. There is a lot of pressure to finish this thing before they go on break on the 26th.

Member: what happens if the rv doesnt go before the elections?

Member: Bye- Bye Sudani….IMO no new rate- he is out.

MZ: “Al-Sudani announces it from Baghdad: There is no return to coups. The constitution is a red line”  They are now settling things like civilized people now instead of military coups and dictators.

MZ: “Barzani to a senior Iraqi military delegation: We still need the support of the International coalition” He is talking about containing Isis and security and how important this is. Their goal is to lift the purchasing power of all Iraqis.

MZ: “Iraq’s negotiations to join the World Trade Organization continues” They want us to know how awesome and great things are going.  But they did not give us an idea on timing…but we know they have completed all the requirements.

Member: Maybe the WTO is waiting on a new rate to let Iraq in? the whole world seems to be waiting on this….sigh.

Member: My bank announced that they would be closed last Monday for training mentioned nothing about indigenous day or Columbus Day… And we weren’t able to use our ATMs through the weekend or Monday

Member: I live in the DC metropolitan area currency exchange said DC types are buying up Iraqi dinars and Vietnamese dongs . Something happening .

Member: Mark, are you still feeling good about this month?

Member: Do we have to register to be in tier 4B?

MZ: You do not need to register. Banks will be screaming from the rooftops to get you into their banks/redemption facilities  to exchange.

Member: 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: Mark, everyone is concerned about going to the best banking facility that has the best rates

MZ: I am still being told the rates should be the same no matter what banking facility you go to…so they have standardized the rates on purpose to avoid this. I believe this to be accurate and true. If you are worried about this- do not rush to be the first person to exchange.

Member: Thanks everyone…..we appreciate you and have a great day

Lewis Herms joins the stream today. Please listen to the replay for his information and opinions

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

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=Uy8i_-0O52k

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Jon Dowling: Cryptos are the Future of Payments, XRP on a Ledger, Wealth Transfer

Jon Dowling: Cryptos are the Future of Payments, XRP on a Ledger, Wealth Transfer

10-20-2025

Are you ready for a financial transformation unlike anything we’ve ever seen?

In a recent podcast episode, former Air Force Captain and cryptocurrency expert, Rob Cunningham, laid out a compelling vision for the overhaul of our global financial system, proposing a monumental shift from the current Federal Reserve model to a new, constitutionally authorized monetary system.

Backed by sound money principles and cutting-edge technology, this isn’t just a financial adjustment – it’s a paradigm shift.

Jon Dowling: Cryptos are the Future of Payments, XRP on a Ledger, Wealth Transfer

10-20-2025

Are you ready for a financial transformation unlike anything we’ve ever seen?

In a recent podcast episode, former Air Force Captain and cryptocurrency expert, Rob Cunningham, laid out a compelling vision for the overhaul of our global financial system, proposing a monumental shift from the current Federal Reserve model to a new, constitutionally authorized monetary system.

Backed by sound money principles and cutting-edge technology, this isn’t just a financial adjustment – it’s a paradigm shift.

Rob’s insights delve deep into the geopolitical and economic forces that are pushing us towards this inevitable reset. From government shutdowns and escalating global conflicts to the looming “currency reset,” he argues that the current “man-made financial and legal systems” have led to a form of control by entities like the Federal Reserve and the city of London corporation.

However, a counter-movement is gaining momentum. Rob highlights ongoing “drain the swamp” efforts within the US government, suggesting a critical turning point in the political landscape.

 This, combined with anticipated economic revival in the coming months, sets the stage for a fundamental re-evaluation of how our money works.

So, what does this new system look like? At its core, it’s about transparency, accountability, and real value. Rob emphasizes the vital role of XRP and blockchain technology in enabling this transition.

 Imagine a world where financial transactions are not only fast and transparent but also inherently trustworthy, backed by real assets like gold and silver. This move signifies a departure from centralized control towards decentralized, trustless protocols – a financial ecosystem built on integrity, not opacity.

This proposed system aims to restore a republic founded on constitutional principles and divine laws. It promises not just financial stability but an equitable distribution of wealth and resources, potentially unlocking funds and opportunities that have historically been inaccessible, even touching upon concepts like funds tied to birth certificates.

Beyond the economic mechanics, Rob connects these shifts to profound spiritual themes. He references the prophetic insights of the late Kim Clement, who foresaw the fall of corrupt systems and the dawn of a new era marked by abundance and truth.

This isn’t just about money; it’s about a foundational shift in how humanity operates, moving away from systems of control towards liberation and a higher social covenant.

Rob even shared a conceptual diagram, illustrating humanity’s epic journey from financial and spiritual battle to liberation under a new monetary and social framework.

He also tantalizingly announced an upcoming video that will explore a hypothetical monetary system conceptualized by none other than Christ and Nikola Tesla – a fascinating blend of divine principles, advanced technology, and free energy concepts.

Rob Cunningham’s vision challenges us to rethink everything we know about money, power, and our collective future. It’s a call to transparency, decentralization, and a return to sound, constitutional principles, powered by innovation like blockchain.

This is a conversation that touches on some of the most critical questions of our time. To truly grasp the depth of these insights and prepare for the potential shifts ahead, we highly recommend you dive into the full discussion.

Watch the full video from Jon Dowling for further insights and information!

https://youtu.be/a9BbSoem_Vc

https://dinarchronicles.com/2025/10/21/jon-dowling-cryptos-are-the-future-of-payments-xrp-on-a-ledger-wealth-transfer/

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Iraq Economic News and Points To Ponder Tuesday Morning 10-21-25

Iraq's Internal Debt In Numbers: From Currency Printing To The Three-Year Budget
 
Economy Yesterday, | 1027  Baghdad Today – Baghdad   Since 2003, Iraq has been trapped in a vicious financial cycle,  marked by recurring crises and changing governments.   The only constant, however,  is its reliance on domestic debt as a temporary savior  during every financial crisis or oil price downturn.
 
Whenever revenues dwindle,  the state resorts to financing through banks or the Central Bank to  cover the deficit, pay salaries, and continue spending,  without generating new resources or restructuring the economy.

Iraq's Internal Debt In Numbers: From Currency Printing To The Three-Year Budget
 
Economy Yesterday, | 1027  Baghdad Today – Baghdad   Since 2003, Iraq has been trapped in a vicious financial cycle,  marked by recurring crises and changing governments.   The only constant, however,  is its reliance on domestic debt as a temporary savior  during every financial crisis or oil price downturn.
 
Whenever revenues dwindle,  the state resorts to financing through banks or the Central Bank to  cover the deficit, pay salaries, and continue spending,  without generating new resources or restructuring the economy.

This policy, which began as an exceptional option,  has over the years become a permanent approach,  with domestic debt becoming part of the state's financial structure, rather than a temporary remedy.
 
From the war on ISIS to the COVID-19 pandemic,  to the massive budgets under the government of Mohammed Shia al-Sudani,  domestic debt has doubled dramatically,   exacerbating the fragility of the economy.
 
This debt has become a direct reflection  of the absence of institutional reform and the weak coordination  between fiscal and monetary policy.
 
Economic expert Nabil Jabbar Al-Tamimi,  in a clarification posted on his official Facebook page    and followed by Baghdad Today,  believes that Iraq's domestic debt has, over the past two decades,  been a financial emergency tool   used by successive governments in every crisis,  given the absence of sustainable economic alternatives.
 
He points out that the government typically   borrows from three main sources:

   private banks through bonds or limited facilities,   national bonds directed to the public, and  treasury transfers  provided by the Central Bank through  liquidity injections or     money printing.
 
Al-Tamimi identifies three stages in which domestic debt rose significantly:
 
War on ISIS (2014–2017)
 
During this period, domestic debt jumped  from approximately 5 trillion dinars in 2013 to 48 trillion dinars in 2017,  before gradually declining to 38 trillion dinars in 2019.  According to Al-Tamimi,  this is due to the state's need to secure liquidity  following the collapse in oil prices and the costs of war.
 
The central bank was the primary financier, printing money to cover massive operational and military expenses.
 
This financing facilitated the state's continuity,  but it triggered the first real wave of inflation after 2003 and reopened the debate about the limits of central bank independence.
 
COVID-19 pandemic (2020–2022)
 
With the outbreak of the pandemic and the decline in demand for oil, domestic debt rose again from 38 to 70 trillion dinars.
 
Analysis of this period shows that the monetary policies   adopted by the government—  including adjusting the exchange rate and financing expenditures through domestic debt instruments—provided a temporary respite, but they increased the cost of living and weakened confidence in monetary policy.
 
Debt here has become not only a means of financing, but a reflection of the fragility of the financial structure that relies on oil as the basis for survival.

Al-Sudani's government and the three-year budget (2023–2025)
 
Al-Tamimi believes that the domestic debt increased  during Al-Sudani's government  from 70  to approximately 91 trillion dinars, as a result of financing the deficit in the largest budget in Iraq's history.
 
Data shows that the bulk of the debt came from the central bank, while borrowing from private banks and national bonds constituted a small percentage.
 
This financial expansion, despite rising oil prices, reveals the continued reliance on domestic debt to cover operating expenses

rather than stimulate productive sectors,  making debt an economically unproductive tool.
 
According to Al-Tamimi's analysis,  the discrepancy between the policies of the Central Bank and the government reflects a lack of institutional coordination.
 
The former seeks to curb inflation by controlling liquidity,  while the latter continues to borrow to secure its monthly obligations.
 
This contradiction has transformed domestic debt  from a means of financial balance  into a source of economic pressure that threatens long-term monetary stability.
 
Most domestic debt  is not investment debt that can reproduce wealth or create jobs.
 
Rather, it represents short-term operational obligations that “pain the pain, not cure the disease,” as economists describe it.
 
Without genuine institutional reform, domestic debt will remain a closed loop between the treasury  and the central bank,expanding with each crisis and temporarily extinguished  with each rise in oil prices.   
https://baghdadtoday.news/285579-.html


 Al-Salami: Private Banks Violate The Central Bank's Instructions And Waste Millions Of Dinars Daily.

Economy    October 19, Information / Baghdad..   MP Hadi Al-Salami revealed on Sunday that   private banks are violating the laws and regulations   issued by the Central Bank of Iraq,  noting that these violations result in the daily waste of millions of dinars  without effective oversight by the relevant authorities.
 
Al-Salami told Al-Maalouma News Agency that  "a number of private banks continue to commit serious financial violations,  leading to the waste of public funds," noting that  "the Central Bank has not taken decisive action despite the clarity of the violations."

Al-Salami called on regulatory authorities to  "open an urgent investigation into the dealings of these banks,  hold those involved accountable, and  take serious steps to limit the daily financial hemorrhage  resulting from   fictitious and   commercially unsecured transactions."   https://almaalomah.me/news/113223/economy/السلامي:-مصارف-أهلية-تخالف-تعليمات-المركزي-وتهدر-ملايين-الدن    

An Economist Calls For The Establishment Of A Government Bank To Guarantee Depositors' Funds.
 
 October 20, Information / Baghdad.. Economic expert Basil Al-Obaidi confirmed on Monday that   one of the most prominent reasons for the cash shortage in Iraqi banks  is citizens' lack of confidence in the security of their deposited funds.
 
This has led many to store large sums of money, whether in Iraqi dinars or foreign currencies,  at home instead of depositing them in banks.
 
Al-Obaidi told Al-Maalouma News Agency that "citizens' reluctance to deposit their money in banks  has led to a decline in the amount of liquidity available to the   Central Bank and   banking institutions,  negatively impacting economic activity and commercial activity in the country."  

He added, "Many citizens fear   losing their money or   being unable to withdraw it when needed,    due to the weak safeguards in some banks.
 
This prompts them to keep their money at home,    exposing them to numerous risks,   including accidents or theft." 
 
Al-Obaidi called on  the Central Bank of Iraq to "establish a government-backed bank whose mission would be to  provide full insurance coverage for deposits in banks   after they are licensed by the Central Bank,   with the aim of   reassuring depositors and   guaranteeing their rights." 

He also called for   raising interest rates on fixed and floating deposits,   to encourage citizens to deal with the formal banking system   instead of keeping money outside the economic cycle.   
https://almaalomah.me/news/113327/economy/اقتصادي-يدعو-لتأسيس-مصرف-حكومي-لضمان-أموال-المودعين   

 

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

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Seeds of Wisdom RV and Economics Updates Tuesday Morning 10-21-25

Good Morning Dinar Recaps,

Collateral or Collapse: U.S. Banks Tighten Grip on Argentina’s $20 Billion Lifeline

Emerging-market fragility meets tightening global credit standards

Argentina’s fragile economy faces another hurdle as major U.S. banks — JPMorgan ChaseBank of America, and Goldman Sachs — demand substantial collateral before releasing a proposed $20 billion rescue loan.

Good Morning Dinar Recaps,

Collateral or Collapse: U.S. Banks Tighten Grip on Argentina’s $20 Billion Lifeline

Emerging-market fragility meets tightening global credit standards

Argentina’s fragile economy faces another hurdle as major U.S. banks — JPMorgan ChaseBank of America, and Goldman Sachs — demand substantial collateral before releasing a proposed $20 billion rescue loan.

The Deal in Doubt

  • Argentina’s central bank reserves have fallen to multi-year lows, even as inflation tops 200% year-over-year.

  • With IMF funds delayed, Buenos Aires is turning to private markets to stabilize its peso and avoid another balance-of-payments crisis.

  • Lenders, wary after years of defaults, are reportedly seeking export-revenue guarantees or commodity-based collateral to secure repayment.

Market Reaction

  • Argentine bonds slid as traders questioned whether the loan can close.

  • Credit-default-swap spreads widened sharply, signaling renewed stress.

  • Economists warn that without new financing, the government may tighten import controls and deepen recessionary pressures.

Why This Matters

This standoff illustrates how emerging-market borrowing costs are being repriced in a world of higher U.S. interest rates and tighter liquidity.
Private banks are now dictating sovereign terms once reserved for multilateral lenders — a sign of the new credit hierarchy taking shape in global finance.
Argentina’s outcome could define how frontier economies access capital in the post-QE era.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

~~~~~~~~~

Britain’s Debt Crossroads: Borrowing Hits Five-Year High as Fiscal Pressures Mount

Debt costs climb and fiscal headroom narrows ahead of budget season

The U.K. government’s borrowing reached £20.2 billion in September, the highest for that month in five years, bringing total borrowing for 2025’s first half to £99.8 billion.

Key Drivers

  • Interest-rate impact: higher gilt yields are inflating debt-service costs.

  • Sluggish revenue: weaker-than-expected tax receipts have widened the deficit.

  • Energy-subsidy overhang: carry-over spending from prior relief schemes continues to strain the budget.

Fiscal Outlook

  • Economists warn of limited headroom ahead of the Autumn Budget.

  • The Office for Budget Responsibility (OBR) projects debt surpassing 100% of GDP by 2026 if growth remains weak.

  • Treasury officials are reportedly weighing targeted tax increases or spending restraint to stabilize the debt ratio.

Market Impact

  • Gilt yields remain elevated near multi-year highs.

  • Sterling softened modestly against the U.S. dollar as investors reassess fiscal risk.

  • The U.K.’s situation is now a bellwether for how advanced economies manage post-pandemic debt in a high-rate world.

Why This Matters

Britain’s borrowing surge reflects a broader global dilemma — governments are confronting tightening financial conditions with limited fiscal flexibility.
If the U.K. struggles to rein in deficits, it could spark renewed volatility in European bond markets and test investor faith in sovereign credit stability.

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

 Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

~~~~~~~~~

“From Mediator to Power-Broker: Recep Tayyip Erdoğan & Turkey’s Gaza Gambit”

How Ankara reinvented itself in the Middle East by brokering the Gaza cease-fire

In a dramatic diplomatic shift, Turkey has elevated its role in the Gaza conflict, positioning itself as a central mediator in a cease-fire deal brokered by Donald J. Trump and backed by Hamas. Once viewed skeptically in Washington for its close ties to Hamas, Turkey under President Erdoğan has flipped the script, using its relationship with Hamas to ensure a deal’s delivery—and in doing so, significantly raised its geopolitical standing. 

The Deal

  • Turkey reportedly acted as a key channel between Hamas and the U.S., securing Hamas’s acceptance of a truce and the release of hostages in Gaza. 

  • Ankara then secured the appointment of former disaster-control chief Mehmet Gulluoglu to lead Turkish efforts in Gaza humanitarian operations, signalling Turkey’s deeper involvement. 

  • The arrangement reportedly gives Turkey leverage: in return for mediation, Erdoğan is seeking relief from U.S. sanctions and restoration of defence-ties, including arms purchases. 

Regional & Global Impact

  • Turkey’s successful mediation gives Ankara renewed prestige in the Middle East, enhancing its role beyond the traditional broker states like Qatar and Egypt.

  • This changes the dynamics for Israel, Hamas and the Arab world: Turkey now has a stake in both stability and influence, altering alignment possibilities.

  • For the U.S., relying on Turkey as a mediator signals a shift in approach: from multilateral frameworks to transactional deals with regional actors.

Why This Matters

Turkey’s reinvention from outsider to indispensable player in Middle East diplomacy is significant:

  • It suggests that states once seen as peripheral can now capture key roles through strategic leverage and soft-power mediation.

  • This could reshape power balances: Turkey may extract concessions—in arms, defence cooperation and regional influence—raising questions about U.S. regional strategy and the role of traditional allies.

  • Importantly, while the cease-fire is a short-term victory, the absence of a clear pathway toward a two-state solution or durable peace means Turkey’s role may become a long-term one, carrying both risk and reward for Ankara.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:


~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Gold/Silver Rate COMEX

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“Tidbits From TNT” Tuesday Morning 10-21-2025

TNT:

Tishwash:  Al-Ghariri: Iraq's negotiations to join the World Trade Organization are ongoing.

Minister of Trade Athir Dawood Al-Ghurairi confirmed on Monday that Iraq's negotiations to join the World Trade Organization are ongoing, while pointing out that regional cooperation and integration are the way to achieve peace, stability and sustainable development.

A statement by the Ministry of Trade received by the Iraqi News Agency (INA) stated that "Minister of Trade Athir Dawood Al-Ghurairi participated in the 16th session of the United Nations Conference on Trade and Development (UNCTAD), held in Geneva with the wide participation of representatives of countries and international and regional organizations."

TNT:

Tishwash:  Al-Ghariri: Iraq's negotiations to join the World Trade Organization are ongoing.

Minister of Trade Athir Dawood Al-Ghurairi confirmed on Monday that Iraq's negotiations to join the World Trade Organization are ongoing, while pointing out that regional cooperation and integration are the way to achieve peace, stability and sustainable development.

A statement by the Ministry of Trade received by the Iraqi News Agency (INA) stated that "Minister of Trade Athir Dawood Al-Ghurairi participated in the 16th session of the United Nations Conference on Trade and Development (UNCTAD), held in Geneva with the wide participation of representatives of countries and international and regional organizations."

The minister stressed, according to the statement, that "collective action and regional integration represent a fundamental pillar for building a more stable and equitable economic system in light of the transformations and challenges witnessed by the world," stressing that "open regional agreements can support the multilateral trading system and promote sustainable development."

Al-Ghurairi indicated that "Iraq, which continues its negotiations to join the World Trade Organization, sees regional initiatives as an opportunity to enhance its institutional readiness and align its legislative and investment frameworks, enabling it to effectively integrate into the global economy."

He explained that "regional integration represents a pillar for development and reconstruction, and that cooperation in the areas of infrastructure, simplifying customs procedures, encouraging investment, energy, agriculture, and services contributes to enhancing competitiveness and diversifying the national economy."

At the end of his speech, the Minister praised UNCTAD's significant role in supporting Iraq during its accession to the World Trade Organization, stressing that "regional cooperation and integration are the path to achieving peace, stability, and sustainable development."   link

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Tishwash:  Energy expert: 70% of the articles of the oil and gas law have been agreed upon

An oil and gas expert says that 70% of the articles of the oil and gas law have been agreed upon and the rest needs political dialogue and negotiations.

The big picture: The oil and gas law was supposed to be completed in 2007 and voted on in the Iraqi parliament, but due to conflict and indifference of Iraqi parties, year after year, the enactment of the law was hampered.

Official Statement: د. Govand Sherwani, a university professor and oil and gas expert, told AVA that the oil export agreement will help to pass the oil and gas law in the sixth session of the Iraqi parliament, provided there is no political interference.

 Sherwani said the biggest problem between Erbil and Baghdad on the oil issue is the failure to pass the oil and gas law, which should have been passed in 2007, but fortunately 70% of the articles of the draft law have been agreed.

On the other hand, the expert said that the three-year Iraqi budget law contains many shortcomings and all to the detriment of the Kurdistan Region, if the technical and financial issues are corrected, there is an opportunity in the 2026 budget law.  link

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Tishwash:  Central Bank: Iraq's public debt is lower than that of the United States and several other Arab countries.

 The Central Bank of Iraq confirmed on Monday that the external debt curve is declining and that Iraq is within safe limits for public debt. The bank noted that Iraq's public debt-to-GDP ratio stands at 31%, a lower percentage than that of developed countries such as the United States and Japan, and other Arab countries such as Egypt, Algeria, and Morocco.

Samir Fakhri, Director General of the Statistics and Research Department at the Central Bank, said, "Total public debt is divided into domestic and external debt. Domestic debt, as of the end of last September, amounted to 90.6 trillion dinars."

He added, "The domestic debt is divided into more than 50% in favor of the Central Bank, and less than 50% in favor of banks, whether private or government-owned," indicating that "the majority of the debt owed to banks is owed to government-owned banks, i.e., from government to government."

He pointed out that "the external debt has reached $54 billion, and is divided into three parts: the largest part, namely $40.5 billion, dates back to before 2003. It is a suspended debt, and we are not currently bearing any burdens on it, whether interest or debt service, from 2003 until today."

He continued, "The second part is the Paris Club debt, which amounted to $120 billion, 80% of which has been written off, leaving $24 billion. With what Iraq has paid, only $3.8 billion remains, which was supposed to be covered until the end of 2028." We note here that the external debt curve is declining.

He pointed out that "the third portion amounts to approximately $10 billion, and is related to investment spending. It is a long-term debt of twenty years, owed to a group of countries and organizations, including Japan's JICA, Germany's Siemens, Spain, and Britain. Thus, the total debt amounts to approximately $10 billion. If we exclude the forty and a half billion, the remaining amount is approximately $13 billion."

He emphasized that "if we convert these debts into dollars multiplied by the current exchange rate and add them to the domestic debt, the total debt-to-GDP ratio would reach approximately 43%. However, if we exclude the suspended debt of $40 billion, the public debt ratio would be around 30 to 31% of GDP."

Regarding financing the three-year budget deficit, Fakhri explained that “the deficit within the budget law was approved by Parliament for a period of three years. It is a planned deficit, not an actual one, of approximately 64 trillion dinars per year, meaning a total of 192 trillion dinars for the three years. What was actually spent as real debt is approximately 35 trillion dinars.” He indicated that “if we divide 35 trillion by the planned deficit, the percentage will be approximately 18.2%,” noting that “the debt was 56 trillion dinars until the end of 2022, and from 2022 until today, 35 trillion has been added to it, bringing the total to approximately 90.6 trillion dinars that we mentioned.”

He added, "One of the most important indicators of monetary policy is the consumer price index (inflation), which is currently close to zero. If we compare it with neighboring countries like Iran and Turkey, we find a clear difference in inflation rates between them and Iraq, in addition to the exchange rate gap."

He stressed that "the focus must be on financing the deficit, so it must be directed towards investment spending, as this leads to growth in non-oil revenues."

Fakhry touched on some of the debt ratios in neighboring countries, noting that "in Egypt, public debt amounts to 90% of GDP, in Algeria: 49%, in Morocco: 70%, in Lebanon: 160-170%, and in Saudi Arabia: 29%, despite being a strong and industrially advanced economy."

He pointed out that "major industrialized countries, such as the United States, have a public debt of 120%, while Japan's debt ratio is 250%."  link

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Mot: I Did It!!! -- Yeppers!!! I Did It!!!!  

Mot: ... and Yet Another Motism frum da Net!!!!  

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MilitiaMan and Crew: IQD News Update-New Era-Digital Banking

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

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MilitiaMan and Crew: IQD News Update-New Era-Digital Banking

10-20-2025

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

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

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

https://www.youtube.com/watch?v=1xMaRZ56sCs

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