Seeds of Wisdom RV and Economics Updates Wednesday Morning 11-5-25

Good Morning Dinar Recaps,

FINANCE — IMF Warns of Systemic Strain: Early Signals of a Monetary Realignment

Mounting debt, overvalued assets, and policy fatigue point to the quiet re-engineering of global finance.

The International Monetary Fund’s October 2025 Global Financial Stability Report has quietly set off alarm bells across policy circles. Beneath its restrained tone, the IMF outlines a world financial system that is structurally fragile and increasingly dependent on non-bank financing—just as sovereign debt and liquidity pressures mount worldwide.

Key Points

• Systemic risk is rising: stretched asset valuations and tightening global liquidity are leaving major economies vulnerable.

• Sovereign-bond stress is building as refinancing costs grow, particularly in emerging markets.

• Non-bank financial institutions (NBFIs) now handle a growing share of global credit flows, often outside regulatory reach.

• Foreign-exchange markets are showing higher volatility as nations hedge against policy divergence and geopolitical uncertainty.

These trends, taken together, suggest that the financial architecture built after 2008 is nearing the limits of its stability.

Why It Matters

The IMF’s findings align with broader signals of what analysts are calling “Bretton Woods 2.0” — a structural monetary reset.
As public debt soars and confidence in fiat systems erodes, central banks are reassessing the very foundation of liquidity, collateral, and cross-border settlement.

• Expect new reserve frameworks emphasizing diversification and digital infrastructure.

• Monetary policy coordination may shift toward regional blocks rather than global consensus.

• The U.S. dollar’s privileged role is under silent review, even among allies.

The world’s financial plumbing is being redesigned — not in crisis mode, but through gradual realignment.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• IMF Global Financial Stability Report, October 2025 — imf.org

• “Bretton Woods 2025: The Coming Monetary System Reset” — discoveryalert.com.au

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DIPLOMACY & PEACE — The Quiet Currency War: BRICS, Washington, and the Struggle for Financial Influence

As alliances shift, currency diplomacy becomes the new battlefield of global power.

In the halls of Beijing, Moscow, and Washington, a subtle but defining struggle is underway — not for territory, but for monetary alignment.
This week’s diplomatic signals reveal that the United States is pressuring several nations to re-anchor trade and settlements back to the U.S. dollar, countering the BRICS bloc’s de-dollarization strategy.

Behind these negotiations lies a profound transformation: financial diplomacy has replaced traditional military leverage.

Key Developments

• Washington’s renewed dollar diplomacy now targets eight emerging economies to sustain dollar liquidity and influence.

• China and Russia, through the BRICS New Development Bank, are promoting local currency settlements and cross-border systems outside SWIFT.

• Bilateral trade pacts increasingly bypass the dollar, from energy to tech supply chains.

• Geoeconomic competition is now the main channel through which global influence is exercised.

Why It Matters

This is not a passing currency debate — it is a foundational shift in how power is expressed.
Financial institutions, trade routes, and reserve choices are now direct tools of diplomacy.

• A multipolar reserve currency network could weaken traditional sanctions and reshape global credit markets.

• Countries aligning with BRICS structures may gain autonomy from U.S.-centric systems, but face transition risk and liquidity gaps.

• If de-dollarization accelerates, global governance frameworks (IMF, BIS, SWIFT) will need to adapt to multi-standard interoperability.

The old world of “finance serving diplomacy” is gone. In its place, diplomacy now serves finance — and the contest for global monetary leadership has begun.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• BRICS Bank Fuels Russia’s De-Dollarization Push — Global Finance Faces Reset — news.bitcoin.com

• Investors Brace for Trump–Xi Trade Talks Amid Familiar Optimism and Caution — m.economictimes.com

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MARKETS — Fear and Flow: Why Investors Are Fleeing to Safety as Regimes Shift

Volatility and uncertainty are redefining the risk map of global markets.

From Wall Street to Singapore, investors are quietly repositioning. Safe-haven assets are rising, volatility is back, and liquidity flows are moving from growth to defense.
The trigger? A convergence of monetary stress, political uncertainty, and systemic fatigue — the key ingredients of regime transition.

As the U.S. dollar climbs to a two-month high, and gold continues to outperform expectations, the markets are sending a clear message: the post-2008 playbook no longer fits.

Key Developments

• Dollar strength reflects defensive positioning, not confidence — investors are hedging against policy indecision and fiscal instability.

• Gold demand has surged as portfolios rebalance toward real assets amid declining trust in paper markets.

• Bond markets show unusual divergence: yields signal recession risk even as equities remain inflated by policy inertia.

• Emerging markets face renewed capital outflows as investors seek shelter in liquidity-rich assets.

Why It Matters

These patterns are symptomatic of a deeper market recalibration.
Behind short-term volatility lies a reordering of how capital perceives safety, growth, and value.

• Traditional correlations are breaking down — equities and bonds no longer move inversely, weakening classic risk hedges.

• Monetary divergence between the U.S., Europe, and Asia is fragmenting global liquidity, reshaping capital flows.

• Fear-based allocation is replacing fundamentals as the dominant trading logic — a signal that investors anticipate systemic transition.

In essence, markets are pricing in the end of an era — not a crisis event, but a shift in the global financial operating system.

Sources

• Dollar Climbs to Two-Month High as U.S. Shutdown Deepens and Global Uncertainty Grows — moderndiplomacy.eu

• What Happens When the Gold Bubble Finally Bursts? — moderndiplomacy.eu

~~~~~~~~~

METALS — Gold’s Return to Power: What Central Banks Are Really Signaling

Behind the rally in gold lies a quiet reconfiguration of global trust and reserve policy.

For decades, gold was dismissed as an anachronism — a relic of the pre-digital era. Yet in 2025, it’s back at the center of global finance.
Central banks from Beijing to Riyadh have been accumulating gold at record pace, signaling a strategic diversification away from traditional reserve currencies.

The rise in gold is not merely speculative — it’s structural. It reflects a deep reassessment of what “money” and “trust” mean in a system stretched by debt, currency politics, and digital transition.

Key Developments

• Central banks are net buyers for the third consecutive year, expanding gold’s role in sovereign balance sheets.

• Emerging markets are leading accumulation as insurance against sanctions, FX volatility, and dollar exposure.

• Analysts warn that the current gold rally is driven less by inflation fears and more by monetary realignment.

• Private investors mirror the trend: ETFs and vault holdings have risen steadily since mid-2024.

Why It Matters

Gold’s resurgence marks the return of tangible credibility in a digitalizing system.
As trust in fiat and debt-based assets erodes, nations are hedging against a future where financial power may fragment across multiple standards.

• Expect gold to re-emerge as a partial collateral anchor in cross-border payment systems.

• A hybrid reserve model — combining metals, digital tokens, and diversified currencies — is becoming plausible.

• For investors, this signals a structural portfolio rethink: gold is not a trade; it’s a geopolitical hedge.

The move by central banks to hard assets is not nostalgia — it’s a calculated preparation for a post-fiat monetary environment.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• What Happens When the Gold Bubble Finally Bursts? — moderndiplomacy.eu

• Global Monetary Reset Signs and Implications, 2025 — discoveryalert.com.au

~~~~~~~~~

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Iraq Economic News and Points To Ponder Wednesday Morning 11-5-25

Iraqi Participation In The World Travel Market In London
 
Baghdad – WAA    The Association of Travel and Tourism Companies in Iraq participated in   the 45th edition of the World Travel Market (WTM) in London,   which took place from November 4 to 6.
 
The Association of Travel and Tourism Companies said in a statement  received by the Iraqi News Agency (INA) that  “the Association, under the supervision, presence and participation of the  Ministry of Culture, Tourism and Antiquities,  represented by the Iraqi Tourism Authority,  and a number of Iraqi travel and tourism companies and hotels from various Iraqi governorates, participated in the 45th edition   of the World Travel Market (WTM) in London,  which is being held from the 4th to the 6th of this month,  where an official pavilion was allocated representing the Republic of Iraq.”

According to the statement, the Director General of the   Tourist Groups Department at the Iraqi Tourism Authority, Mahdi Ghadhban, said that  "the Authority is working to enhance the role of Iraqi tourism and support foreign participation in international exhibitions through the participation of private sector institutions  represented by travel and tourism companies and hotels,  and to raise the name of Iraq in international forums." 

For his part, Haider Amer Al-Dujaili,head of the    Association of Travel and Tourism Companies in Iraq, affirmed that “the London World Travel Market and   the active participation of Iraqi travel and tourism companies    will contribute to achieving Iraq’s future goals and vision, and    will enhance the role of the Iraqi private sector in the tourism field    by highlighting the most important   archaeological,  civilizational and   cultural landmarks on the land of the Tigris and Euphrates Valley.”  

Al-Dujaili pointed out that  "the goal of the participation is to highlight Iraq's role in this important sector,  and that the association is  working to increase the number of Iraqi travel and tourism companies  in international exhibitions in the future, and to attract foreign tourists to Iraq."    https://ina.iq/ar/economie/247159-.html 

Customs Reveals Its Revenue Figures For The Past Three Years, Describing Them As Unprecedented.
 
Baghdad – WAA   The Director General of the General Authority of Customs, Thamer Al-Tai,confirmed on Tuesday that the   recent government reforms in the customs and border crossings file have   resulted in significant positive results, represented in  increasing customs revenues to unprecedented levels since 2003,  revealing the size of those revenues in 3 years.
 
Al-Ta’i told the Iraqi News Agency (INA) that “the General Authority of Customs represents   one of the main pillars of the national economy,    due to its pivotal role in      supporting the economy and     facilitating trade    through its close cooperation with the     Border Ports Authority,” noting that  “developing work mechanisms and  simplifying procedures   has directly contributed to achieving this qualitative leap.”  ]

He added that "the government reforms included   implementing an automation system and   modernizing the     administrative structure of the   authority and the     departments operating at the    border crossings,    which directly impacted   improving performance,   increasing revenues, and   reducing opportunities for   corruption and   manipulation."

Al-Ta'i explained that   "customs revenues recorded unprecedented figures, as:
 
-In 2023 it amounted to approximately 1 trillion and 700 billion dinars. 
-It rose in 2024 to 2 trillion and 145 billion dinars. 
- In 2025 it reached 2 trillion and 175 billion dinars. 

He stressed that "these figures   are the highest in the records of the General Authority of Customs       since its establishment, and   represent a clear indication of the success of the   administrative and regulatory reforms    adopted by the government."  He also clarified that "these revenues belong to the federal outlets affiliated with the federal government."

The Director General of the General Authority of Customs pointed out that “the Authority adopted the method of simultaneous controland implemented the global system “ASYCUDA” in all federal border crossings,which contributed to   automating customs procedures,   increasing revenues and   greatly reducing administrative and financial corruption.” 

 Al-Ta’i pointed out that  “the Authority recently established the Customs Control Room,  which includes a set of monitoring operations and works around the clock to monitor all customs centers  through   networking,   analyzing sonar images,   assessing risks and      managing them.”  

Al-Ta’i pointed out that   “the General Authority of Customs is not just a revenue-generating body,
 
but a regulatory body that protects the national economy from   manipulation and   corruption,    and constantly seeks to consolidate the    principles of    transparency and   efficiency    in customs work in a way that supports the economic reform process in Iraq.”      https://ina.iq/ar/economie/247189-3.html  

MP: Halting Imports Of Oil Derivatives Will Save The State 4 Trillion Dinars Annually
 
 November 4, 21:43  Information/Baghdad...  MP Ali Al-Lami confirmed on Tuesday that the   decision to stop importing oil derivatives      will save at least three to four trillion dinars annually for the state treasury.
 
Al-Lami told Al-Maalouma that  "the Ministry of Oil's decision to stop importing oil derivatives, especially gasoline,  came after the completion of a series of strategic projects,  most notably the new refineries and modern production lines, which contributed to adding large quantities to national production, creating a state of self-sufficiency for the local market." 

He added that "this decision will provide at least three to four trillion dinars annually   that can be used to finance service projects within the governorates," indicating that "there are additional projects to develop existing refineries and establish new ones,   which may turn Iraq into a major source of oil derivatives,   especially car fuel, within the next three years." 

Al-Lami emphasized that   "importing petroleum products in previous years was very costly for the state treasury,   but the situation has changed now thanks to the expansion of local refining capacity.
 
This contributes to   diversifying the national economy and  converting crude oil into value-added derivatives    that can be exported at higher prices in global markets." End/25      
https://almaalomah.me/news/114608/economy/نائب:-إيقاف-استيراد-المشتقات-النفطية-سيوفر-4-تريليونات-دينار 

Bank Of Baghdad Announces The Formation Of Its New Board Of Directors As Part Of The Banking Reform Program.
 
Tuesday, November 4, 2025, | Economic   Number of reads: 249    Baghdad/ NINA / Baghdad Bank, one of the leading banks in Iraq, announced the formation of its new board of directors during the ninth extraordinary meeting of the General Assembly held on Tuesday, as part of the banking reform program.

The bank stated in a statement that:

“During the meeting, the following original members were elected to replace the resigning members: Tamara Hussein Al-Shadidi, Khaled Sharif Al-Hazza, Nidal Faiq Al-Qabaj, and Ahmed Tahseen Al-Ma’la (the authorized manager), and the reserve members: Yazan Bader Kurdi, Salah Muhammad Salim, Baidaa Salem Suleiman, Inas Abdul Rahman Al-Qaisi, Fadi Muhammad Ayad, Zuhdi Bahjat Al-Jayousi, Taha Jaafar, Ghassan  Ahmed Salim, and Niran Sabri Ishaq.” 

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

The statement continued:
 
"The new board of directors held its first meeting, during which Abdulkarim Alawi Al-Kabariti  was elected chairman of the board, and Dara Nour El-Din was elected vice-chairman."
 
In this context, Ahmed Tahseen Al-Ma’ala, the bank’s Managing Director, said: “The new Board of Directors represents a strategic step towards  strengthening corporate governance practices and   consolidating the principle of separation between   ownership and   executive management.
 
We are proud to be the first Iraqi bank to implement the   Central Bank of Iraq’s new framework,a step that  reflects our firm commitment to developing banking operations  in line with the highest international standards.” /End 8       
https://ninanews.com/Website/News/Details?key=1260378

Combining Security, Flexibility, And Rewarding Returns... Al-Rafidain Launches Its Electronic Savings Card.
 
Economy |  01:10 - 04/11/2025  Mawazin News – Baghdad   Rafidain Bank continues to  consolidate the culture of saving as   one of the pillars of financial stability and   conscious planning for the future,    by launching the electronic savings card that combines    security,    flexibility and   rewarding returns,    to be a modern tool     that enables citizens to manage their savings   easily and   confidently.
 
The media office explained in a statement received by Mawazin News:
 
The electronic savings card allows its holders to   open savings accounts electronically, and to   conduct withdrawal and deposit operations   at any time through the bank’s     branches or   ATMs      spread throughout the country, while benefiting from the annual interest,   which is calculated every six months on the savings account balances.
 
The bank confirmed that the launch of the card comes  within the framework of the shift    towards digital banking services and    expanding the scope of financial inclusion,   which contributes to enabling individuals to  save safely and     grow their savings in a sustainable way, noting that this step reflects Al-Rafidain’s commitment to   providing innovative financial solutions that enhance trust between the    citizen and the   bank and    keep pace with global developments in modern banking.     https://www.mawazin.net/Details.aspx?jimare=269655  

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

MilitiaMan and Crew: IQD News Update-Reconstruction-Development-Opportunity-Youth

MilitiaMan and Crew: IQD News Update-Reconstruction-Development-Opportunity-Youth

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=8pJLL3KF6Xk

FRANK26….11-4-25……THE VOTE

KTFA

Tuesday Night Video

FRANK26….11-4-25……THE VOTE

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

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

Intel starts about minute 30:00 after site housekeeoing

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=AAl9oTEaupI

Seeds of Wisdom RV and Economics Updates Tuesday Evening 11-4-25

Good Evening Dinar Recaps,

Economic Integration and the Birth of a Parallel Trade Zone

Behind the headlines, the long-term significance lies in infrastructure:

• Eurasian Investment Corridors: The integration of China’s Belt and Road Initiative (BRI) with Russia’s Eurasian Economic Union (EAEU) continues to mature, linking ports, railways, and pipelines under new governance structures that bypass Western banking.

• Mutual Reserves and Settlement Assets: Joint reserve pooling and bilateral bond issuance in yuan-ruble denominations are quietly building regional monetary independence — a step toward BRICS’ planned cross-border settlement currency.

• Digital Ruble & e-CNY Trials: Both nations’ central banks are advancing digital currency interoperability, signaling the coming fusion of CBDCs with commodity-backed settlement.

These shifts point to the steady formation of a multipolar trade block, united not by ideology, but by shared insulation from Western capital flows and regulatory systems.

Global Implications for Markets and Peace

• Markets: Expect continued divergence between Western and Eurasian financial instruments, with commodities-backed currencies gaining traction as liquidity alternatives to the dollar.

• Trade: Expansion of yuan and ruble trade corridors through Central and South Asia could gradually redefine the global trade balance — emphasizing resource-based, bilateral exchange over multilateral U.S.-dominated platforms.

• Peace: As China and Russia coordinate strategically, they establish economic peace frameworks that aim to stabilize regions through trade interdependence rather than military alliances.

• Global Reset: Each new investment accord and settlement mechanism between Beijing and Moscow advances the decentralization of global finance, the defining feature of the reset already underway.

What to Watch

• The scope of new bilateral projects announced at upcoming BRICS+ and SCO summits.

• Integration of Russian energy trade into CIPS and BRICS payment systems.

• Whether additional nations — particularly in Asia, Africa, and Latin America — adopt similar bilateral investment frameworks tied to yuan or ruble settlements.

• The next stage: linking trade corridors with digital finance and tokenized commodity exchanges.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Modern Diplomacy

• Reuters – China/Russia Economy

• Global Times – Belt and Road/BRICS Coverage

~~~~~~~~~

Dollarization as Strategy: U.S. Countermoves to BRICS De-Dollarization

Washington’s push for “main currency” dollar systems reveals the deepening financial fault lines shaping the next phase of global restructuring.

A Renewed Dollarization Campaign

The U.S. administration is reportedly pursuing “dollar main currency” policies in eight countries — Lebanon, Pakistan, Ghana, Turkey, Egypt, Venezuela, Zimbabwe, and Argentina.
This marks a deliberate move to expand the reach of the U.S. dollar as a geopolitical tool amid accelerating BRICS de-dollarization efforts.

• Washington sees dollar adoption as both economic stabilization and geopolitical containment.

• The effort aligns with the administration’s broader goal to secure U.S. influence in emerging markets.

• Experts confirm that these discussions have reached the Eisenhower Executive Office Building, signaling high-level policy intent.

Implication:
Dollarization functions not just as financial policy — but as currency diplomacy designed to reinforce U.S. leverage in the new multipolar environment.

White House Consultations and Strategic Intent

Johns Hopkins economist Steve Hanke, a noted authority on dollarization, was invited to brief senior U.S. officials on the feasibility and mechanisms of formal dollarization. Attendees reportedly included members of the Council of Economic Advisers, National Economic Council, and National Security Council.

Hanke described the meeting as “the equivalent of a graduate seminar.”

• U.S. officials showed deep interest in expanding global usage of the dollar, including through stablecoin initiatives.

• Analysts view this as a strategic response to BRICS nations’ push for digital-currency independence.

Eight Nations in Focus

Argentina is a central test case. U.S. discussions reportedly support President Javier Milei’s dollarization campaign — part of his promise to restore confidence and control hyperinflation.
Meanwhile, nations like Lebanon, Ghana, and Zimbabwe face chronic currency instability, making them susceptible to U.S.-backed dollarization frameworks.

Implication:
By stabilizing fragile economies under a dollarized regime, Washington can anchor influence in regions where BRICS seeks to expand trade and settlement in local currencies.

BRICS Counter-Move: Payment Sovereignty

BRICS nations are rapidly building their own digital settlement infrastructure — linking the digital ruble, yuan, and rupee within a shared ecosystem expected to launch between 2026–2027.
The bloc’s new system, BRICS Pay, enables cross-border transactions in local currencies, bypassing SWIFT and reducing dollar dependency.

• BRICS trade in U.S. dollars has dropped to roughly one-third of prior levels.

• Russia, China, and India are accelerating direct currency settlements.

• The shift represents monetary diversification, not immediate replacement of the dollar.

Implication:
This move solidifies parallel payment systems, fragmenting global finance into regional clusters — a defining feature of the emerging post-dollar order.

Trump Administration’s Tariff Threats

President Trump has directly linked tariff policy to defense of dollar dominance.
In February 2025, he warned that any BRICS member “that even mentions the destruction of the dollar” would face 150% tariffs.

Implication:
Economic coercion now substitutes for cooperative policy — highlighting how trade, currency, and sanctions have merged into one framework of financial warfare.

Global Reserve Shift and Structural Risk

The IMF reports the U.S. dollar’s share of global reserves has fallen from 85% in the 1970s to 58% by 2022.
While still dominant, the downward trajectory underscores the growing appeal of regional and digital alternatives.

• BRICS nations now settle a growing portion of trade outside the dollar.

• Brazil’s President Lula and Russia’s President Putin have both questioned dollar dependency.

• The Financial Times reports the U.S. sees these developments as direct threats to its strategic advantage.

Why It Matters

• Dollarization as Defense: The U.S. is expanding the dollar’s footprint to counter systemic erosion of its monetary power.

• BRICS’ Alternative Systems: The rise of BRICS Pay and digital currencies shows that payment sovereignty, not reserve currency battles, defines the next phase.

• Fragmentation of Finance: Competing systems — U.S. dollarization vs. BRICS digital rails — are creating a dual-track global economy.

• Global Reset Trajectory: These moves illustrate how monetary control is shifting from central dominance to distributed, bloc-based frameworks — a hallmark of the global financial reset now underway.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Watcher.Guru – “US Pushes Dollar As Main Currency in Eight Countries to Counter BRICS” (Nov 2025)

• Financial Times – “Washington Eyes Countermeasures to BRICS Currency Plans” (Nov 2025)

• IMF – “Composition of Official Foreign Exchange Reserves (COFER)” (2025)

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Tuesday Evening 11-4-25

Sudan Orders A Halt To Imports Of Gasoline, Gas, And Kerosene
 
Energy  Economy News – Baghdad  Prime Minister Mohammed Shia al-Sudani directed on Tuesday that imports of gasoline, gas and white oil be halted.
 
According to a document obtained by “Al-Eqtisad News”,   after the great efforts that continued for the past three years,
which resulted in the operation of the new oil refineries within the plan to achieve self-sufficiency,and for our local production of gasoline, gas oil (kerosene), white oil  to reach quantities that exceed local consumption rates, the Prime Minister directed that the import of these products be stopped, and the distribution agent and the oil products distribution company should control internal consumption and transfer the surplus for export.”
 
The document is below: 

https://economy-news.net/ckfinder/userfiles/images/e435cddd-9ab4-48e2-bada-ccfb102a2cf1(1).jpg
 
views 143     Added 2025/11/04 - 12:52 PM    https://economy-news.net/content.php?id=61937    

Financial Engineering: Between Theory And Practice
 
Economic 2025/11/03   Dr. Hamid Rahim Janani The wheel of innovations and creative ideas, in the context of   finding solutions to the problems accompanying economic activity,    has never known and will never know stillness.
 
This wheel has two paths: the   first is to stop the economic decline on the one hand, and the   second is to develop the production system on the other hand.
 
The first path is expressed by the    initial stages of transformation towards development, and      this is what is happening in developing countries. As for the second path, it is the pursuit of sustainable economic growth, and   this is what is happening in economically advanced countries.
 
Our topic under discussion   involves some simulation of the idea of ​​architecture, and   contributes to achieving the two paths mentioned in the introduction:     those engineering ideas in designs that have turned some buildings into artistic masterpieces,   and others that have made wonderful use of spaces  to   solve problems and   achieve a relatively high level of well-being for the residents.
 
Financial engineering is the process of   designing,   developing, and   implementing  innovative financial instruments and  mechanisms to    find creative solutions and    streamlined financial flows    that achieve high-level results in meeting set financial objectives.
 
The inputs for financial engineering processes include   financial derivatives such as bonds, sukuk, and  ther instruments, as well as   sovereign wealth funds,   etc.
 
Its tools used in operations are    mathematical models and    specialized computer programs, etc.
 
By combining inputs and tools, applied models have emerged, including   Market Neutral Funds),  (Hybrid Islamic Bonds),      (Call Option Pricing Model), and   many other innovations that   align with investors’ concerns and   address the   necessities of developing the work of financial markets and   other data.
 
In Iraq, we are in dire need of financial engineering, a    necessary step following fundamental transformations       in public financial performance.
 
These transformations include   restoring the role of financial oversight   to curb corruption,   strengthening financial governance,   finding ways to stop financial waste,   designing developmental objectives for fiscal policy and   directing financial resources towards achieving them, and   implementing technological transformation in financial operations, among others.

These are essential conditions    for establishing a developmental fiscal policy in Iraq.
 
Financial engineering then plays a crucial role in   creatively addressing problems with innovative solutions and   moving towards advanced financial performance      that achieves maximum results with minimal input— in other words,   financial efficiency and   high productivity in expenditure.
 
What has been presented is on the level of practical aspects.
 
As for finding theoretical concepts and programs with skill aspects, i.e.   finding human capital with a high ability to deal with the inputs and tools of financial engineering, the Ministry of Higher Education and Scientific Research   should open departments that specialize in teaching this aspect of public finance,   especially technical colleges with precise specializations, and    open postgraduate studies   to find a basis for localizing this type of science.    https://alsabaah.iq/123138-.html

Planning: Management Systems To Promote A Culture Of Quality And Improve Performance

Economic     2025/11/03   Baghdad: Sorour Al-Ali   The Ministry of Planning expressed its commitment to building   modern and   effective administrative systems    based on the principles of total quality management,   with the aim of promoting a culture of   quality and    improving the efficiency of government performance in state institutions.
 
The Undersecretary for Technical Affairs, Dr. Maher Hammad Johan, said at a meeting of the National Quality Committee held at the Ministry headquarters, which was attended by Al-Sabah newspaper:
 
“The interest in quality is not a temporary response,but a strategic commitment stemming from the Ministry’s belief that   quality is a fundamental driver for   achieving sustainable development,  raising the efficiency of government performance and      ensuring citizen satisfaction.”
 
Johan added that the Ministry of Planning is working onadopting an integrated quality policy based on three main pillars, most notably   developing institutional and human capabilities to keep pace with the requirements of the times, and   aligning national efforts with the best international standards and practices, in order to contribute to   achieving more    efficient and   transparent government performance.  

He pointed out that the  formation of the National Quality Committee represents an important institutional step to   unify efforts among state institutions in the field of quality, and to   lay the first foundations for building an integrated national system that      enhances government performance and     improves public services.
 
The Undersecretary of the Ministry of Planning affirmed the Ministry's support forall initiatives and programs aimed at    raising the level of quality in state institutions, calling for teamwork       to achieve the supreme national interest. 

Dulaimi, considered such meetings an   important milestone in the national effort to   establish the concepts of   quality and   institutional excellence in Iraq.

He commended the Ministry of Planning's efforts in unifying visions and coordinating efforts at the national level in this field.
 
Al-Dulaimi stated that the meeting is the   culmination of continuous efforts that began in 2017,  and a continuation of the work of the National Quality Policy Monitoring and Implementation Committee, which was reconstituted by Ministerial Order No. (2564 dated 3/9/2025) to operate within a unified framework encompassing all state institutions and to enhance cooperation between the public and private sectors with the aim of developing the level of national products and services.
 
He explained that the committee is a national platform that unites efforts and restores respect for institutional work, noting that the concept of quality is not limited to being a slogan, but is a behavior, practice and national responsibility that requires continuous commitment from all concerned parties.

He added that the Central Organization for Standardization and Quality Control bears a great responsibility in preparing specifications, standards and quality assurance in Iraq, and has worked to develop an integrated system that is consistent with international standards and keeps pace with scientific development to achieve comprehensive development.
 
He stressed that success in this path cannot be achieved by the efforts of one party alone, but rather through the cooperation of institutions, the unification of visions, and the shared belief that quality is the path to development, and development is the way to prosperity and progress.
 
Al-Dulaimi pointed out that the concept of quality is no longer limited to industrial sectors, but has come to include various aspects of life, from education and health to energy and the environment, 

noting that the National Quality Committee has developed a five-year strategy that extends between 2026 and 2030, which includes goals and practical projects that contribute to supporting the Sustainable Development Goals and enhance the confidence of society and international institutions in Iraq’s capabilities.
 
He explained that the committee bears a national responsibility to transform goals into tangible reality and recommendations into measurable achievements, stressing that   quality      is not an administrative luxury,   but a right of the citizen, a    national duty, and a    standard for the   progress and   advancement of nations.    https://alsabaah.iq/123139-.html    
  

Iraq Development Fund Signs Mous With Five Countries
 
  Iraq Jawad Al-Samarraie November 2, 2025   Mohammed Najjar, Advisor to the Prime Minister and Executive Director of the Iraq Development Fund
 
Baghdad (IraqiNews.com) – The Iraq Development Fund announced on Sunday thesigning of memorandums of understanding (MoUs) with five foreign countries —   Japan,   Germany,   France, the   United Kingdom, and the   United States —
 
Marking A Major Step In Strengthening Iraq’s Global Economic Partnerships.
 
In a statement to the Iraqi News Agency (INA), Mohammed Al-Najjar,Director of the Iraq Development Fund, saidthe MoUs aim to   enhance international cooperation and   attract foreign expertise and   investment into Iraq’s development sectors.
 
Al-Najjar explained that the agreement with the United Kingdom focuses on   providing continuous institutional and technical support to the Fund,    which helped reform and update documentation processes    to align with global operational and transparency standards.
 
He also highlighted that the MoUs with the United States   open the door to new investment opportunities,      revealing ongoing efforts to establish a   joint Iraqi-American Investment Fund.
 
“We are planning an upcoming visit to Washington soon to turn this initiative into reality,” Al-Najjar added.
 
The Iraq Development Fund continues to play a crucial role in   advancing the government’s strategy to   diversify the economy,  attract global partners, and   build sustainable development frameworks   in line with Iraq’s economic reform agenda.   https://www.iraqinews.com/iraq/iraq-signs-mous-with-five-countries-investment-fund/  

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

"Gold Will Be Connected To the New System" - Freedom Dies When Money Lies | Mike Maloney

"Gold Will Be Connected To the New System" - Freedom Dies When Money Lies | Mike Maloney

11-4-2025

In this powerful, unfiltered discussion, Mike Maloney and Alan Hibbard explore why monetary truth is inseparable from liberty.

When the currency is corrupted, society decays — and gold becomes the antidote.

 Join us as they dissect:

 How trust in currency underpins personal agency

Why inflation is the most insidious tax

Real-world examples of monetary collapse

 The moral and political imperative of sound money

The role gold may reclaim in the monetary system of the future

https://www.youtube.com/watch?v=2dJBbLH2QCg

GENIUS ACT Triggered, Biggest Bank Run in History is Coming

GENIUS ACT Triggered, Biggest Bank Run in History is Coming

Daniela Cambone:  11-4-2-25

The recent pullback in gold and silver prices has led some to believe the bull market has run its course. However, macro strategist Garrett Goggin, in a compelling discussion on the Daniela Cambone show with ITM Trading, argues a different narrative: this bull market is not only far from over, it’s merely in its nascent stages.

Goggin’s thesis is rooted in a fundamental shift in global dynamics, driven by forces unlike those seen in previous cycles. The primary catalyst? Unprecedented central bank demand for physical gold.

In an increasingly volatile world, central banks are actively hoarding gold as a safer haven than the US dollar.

 Goggin points to the weaponization of the dollar, particularly highlighted by the conflict in Ukraine and the subsequent freezing of assets, as a stark warning to nations worldwide.

 This perceived vulnerability of the dollar is prompting a strategic diversification into gold, a tangible asset with a long history of preserving wealth, immune to political manipulation and asset freezes.

Furthermore, the prevailing macro environment, including the Federal Reserve’s potential pivot towards interest rate cuts and the evolving political landscape, creates a fertile ground for dollar devaluation. Such a scenario would naturally propel gold prices higher.

Beyond traditional markets, Goggin delves into the intriguing intersection of cryptocurrency and precious metals, specifically focusing on stablecoins like Tether and its innovative “Tether Gold.” He notes the US government’s recent embrace of cryptocurrency, exemplified by the “Genius Act,” which legitimizes stablecoins and integrates them into the traditional banking system.

This regulatory shift, Goggin suggests, could trigger the “biggest bank run of all time” as assets move from traditional banking into the crypto space.

Tether, a significant player in this arena, is actively accumulating gold – reportedly around 100 tons annually. Their creation of “Tether Gold” offers a unique proposition: the stability and intrinsic value of gold combined with the transferability and efficiency of cryptocurrency.

This innovation has the potential to fundamentally redefine our understanding of money and payment systems.

Goggin also observes that while crypto companies may not be direct buyers of mining operations, they are actively acquiring royalty companies that benefit from these operations. He even posits that Tether Gold could eventually surpass Tether dollars in market size, driven by gold’s inherent long-term value and the technological advantages of crypto.

While gold takes center stage, Goggin also highlights the considerable upside potential of silver.

Historically, silver tends to experience parabolic spikes near the peak of gold bull markets. With gold poised for further gains, silver remains significantly undervalued relative to its precious metal counterpart, suggesting a similar, if not more explosive, upward trajectory.

In conclusion, the ITM Trading discussion with Garrett Goggin paints a clear picture: the current environment is a perfect storm for precious metals.

Macroeconomic shifts, geopolitical realignments, and groundbreaking technological innovation in cryptocurrency are converging to create a powerful and sustained bull market for gold and silver. Far from being over, this rally is just beginning, and the potential for significant gains over the coming years is substantial.

https://youtu.be/lCttX441Evk

Iraq Economic News and Points To Ponder Tuesday Afternoon 11-4-25

Due To US And UK Sanctions, Reuters Reports That Iraq Has Cancelled Loadings Of Russian Oil Shipments.

Economy | 04:54 - 04/11/2025  Mawazin News - Follow-up:  Reuters reported that Iraq has canceled oil shipments from Russia's Lukoil due to US and UK sanctions.

The agency quoted two sources as saying that Iraq canceled three crude oil shipments from Lukoil in November, citing concerns related to the US and UK sanctions imposed on the company.

The sources stated that the Iraqi state oil marketing company, SOMO, canceled shipments of Lukoil's production from the West Qurna-2 field.  They added that the shipments were scheduled to be loaded on November 11, 18, and 26.

Washington and the European Union imposed a new round of sanctions targeting the Russian energy giants Rosneft and Lukoil, adding further burdens to Moscow's oil exports and disrupting global energy markets.

 This has raised questions about Russia's ability to circumvent the restrictions and maintain the flow of crude to key buyers, amid growing fears of a new wave of high oil prices that threatens the global economy.    https://www.mawazin.net/Details.aspx?jimare=269676

Customs Reveals Its Revenue Figures For The Past Three Years, Describing Them As unprecedented

Economy | 09:52 - 04/11/2025  Mawazin News – Baghdad:  The Director General of the General Authority of Customs, Thamer Al-Tai, confirmed on Tuesday that recent government reforms in the customs and border crossings sector have yielded significant positive results, including an unprecedented increase in customs revenues since 2003, revealing the size of these revenues over the past three years.

Al-Tai told Mawazin News Agency that "the General Authority of Customs represents one of the fundamental pillars of the national economy, given its pivotal role in supporting the economy and facilitating trade through its close cooperation with the Border Ports Authority." He pointed out that "developing work mechanisms and simplifying procedures directly contributed to achieving this qualitative leap."

He added that "the government reforms included implementing an automation system and modernizing the administrative structure of the Authority and the departments operating at the border crossings, which directly impacted performance improvement, increased revenues, and reduced opportunities for corruption and manipulation."

Al-Ta'i explained that "customs revenues have reached unprecedented levels, as follows:
- In 2023, they amounted to approximately 1.7 trillion dinars.
- In 2024, they rose to 2.145 trillion dinars.
- In 2025, they reached 2.175 trillion dinars."

He emphasized that "these figures are the highest in the records of the General Authority of Customs since its establishment, and represent a clear indicator of the success of the administrative and oversight reforms adopted by the government."

He also clarified that "these revenues pertain to the federal ports of entry under the jurisdiction of the federal government."

The Director General of the General Authority of Customs pointed out that "the Authority has adopted a simultaneous oversight approach and implemented the ASYCUDA World system at all federal border crossings, which has contributed to automating customs procedures, increasing revenues, and significantly reducing administrative and financial corruption."

Al-Ta'i noted that "the Authority recently established a Customs Control Room, which includes a range of oversight operations and operates around the clock to monitor all customs centers via network connectivity, analyze sonar images, and assess and manage risks."

 Al-Ta'i indicated  that "The General Authority of Customs is not just a revenue-generating body, but a regulatory body that protects the national economy from manipulation and corruption, and constantly seeks to consolidate the principles of transparency and efficiency in customs work in a way that supports the economic reform process in Iraq."
https://www.mawazin.net/Details.aspx?jimare=269695

Dollar Prices In Baghdad Saw A Slight Decrease At The Close.

Economy | 04:49 - 04/11/2025  Mawazin News - Baghdad:  The exchange rate of the US dollar against the Iraqi dinar decreased slightly in Baghdad markets as the stock exchange closed.

The dollar fell in the Al-Kifah and Al-Harithiya exchanges, reaching 141,100 dinars per 100 dollars, compared to 141,200 dinars per 100 dollars earlier today.

The selling price at local currency exchange shops in Baghdad also decreased, reaching 142,000 dinars per 100 dollars, while the buying price was 140,000 dinars per 100 dollars.   https://www.mawazin.net/Details.aspx?jimare=269675

Gold Prices Rise Again In Baghdad

Economy | 02:19 - 04/11/2025  Mawazin News - Baghdad:  Prices of both foreign and Iraqi gold have risen in local markets in the capital, Baghdad.

The selling price of one mithqal (approximately 4.5 grams) of 21-karat Iraqi gold reached 760,000 dinars, while the buying price was 755,000 dinars.  The selling price of one mithqal in goldsmith shops ranged between 795,000 and 800,000 dinars for Gulf gold.  https://www.mawazin.net/Details.aspx?jimare=269664

Oil Prices Stabilize As The Market Absorbs OPEC+ Production Plans

Energy  Economy News – Baghdad   Oil prices were steady in early trading on Tuesday as markets assessed the OPEC+ alliance's decision to halt production increases during the first quarter of next year, amid ongoing concerns about the prospect of a global supply glut.

Brent crude futures edged down 9 cents, or 0.1%, to $64.80 a barrel by 01:10 GMT. U.S. West Texas Intermediate crude futures also fell 10 cents, or 0.2%, to $60.95 a barrel.

OPEC+ had agreed on Sunday to a slight increase in production for December, along with a temporary halt to any increases during the first quarter of 2026 in a move aimed at maintaining market balance.

The alliance has increased production levels by about 2.9 million barrels per day – representing about 2.7% of global supply – since April, but the pace of the increase has slowed since October with indications of a possible surplus in the oil market.

Sources within OPEC+ indicated that the decision to freeze production targets came after pressure from Russia, which is finding it difficult to increase its exports as a result of Western sanctions imposed on Russian energy companies.

In October, the United States and the United Kingdom imposed sanctions on Russia’s two main oil companies, Rosneft and Lukoil, as part of restrictions aimed at limiting Moscow’s ability to market oil in global markets.

Market participants are awaiting US inventory data from the American Petroleum Institute later today, which is expected to show an increase in crude oil stockpiles.   https://economy-news.net/content.php?id=61925

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

Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 11-4-25

Good Afternoon Dinar Recaps,

A Surprise Shift in North Korea’s Diplomatic Posture

According to reports from Seoul citing South Korean intelligence, North Korean leader Kim Jong Un is open to meeting with U.S. President Donald Trump.

The intelligence disclosure comes after years of silence between Washington and Pyongyang, signaling a potential re-entry of North Korea into broader diplomatic and economic discussions — at a moment when the global order is shifting toward multipolar financial and security frameworks.

Diplomacy and the New Strategic Architecture

Kim’s reported willingness to re-engage Washington is not simply about nuclear negotiations. It may represent an effort to rebalance North Korea’s reliance on China and Russia, while positioning itself to extract economic and technological concessions amid evolving East Asian power structures.

• Triangular Leverage: North Korea often oscillates between Beijing, Moscow, and Washington to maximize its strategic leverage. Reopening talks with the U.S. could provide Pyongyang with economic relief or sanctions flexibility while maintaining its partnerships within the BRICS+ sphere.

• Regional Security Layer: With tensions rising in the Taiwan Strait and the Korean Peninsula, this signal of openness may serve as a stabilizing gesture — one that could delay or deter escalation among major powers competing for influence in Northeast Asia.

• BRICS and Non-Aligned Strategy: North Korea’s re-entry into high-level diplomacy could parallel Iran’s recent moves, as both states seek to assert sovereignty while aligning with emerging non-Western financial systems.

Financial and Trade Implications

A potential U.S.–North Korea thaw would reverberate beyond security policy — it would directly impact regional trade corridors, energy routes, and monetary networks.

• Energy & Logistics Corridors: An opening of North Korea’s borders, even in limited form, would reconnect Trans-Asian rail and pipeline projects linking China, Russia, and South Korea. This would extend physical infrastructure for non-dollar trade settlement across the continent.

• Digital Currency Experimentation: Pyongyang has been linked to blockchain and crypto-mining operations used to circumvent sanctions. If diplomacy softens, some of these networks could evolve into regulated digital trade channels, aligning with Asia’s expanding tokenized settlement infrastructure.

• Korean Peninsula as an Economic Bridge: A détente could transform the peninsula into a trade and logistics hub connecting BRICS energy exporters (Russia, China) with industrial powerhouses (Japan, South Korea), reshaping East Asia’s economic architecture.

Peace, Alliances, and Strategic Realignment

For Washington, an opening with North Korea could serve as both a symbolic and strategic tool to reassert diplomatic flexibility amid an increasingly fractured international system.

• U.S.–China Balance: Engaging Pyongyang diplomatically may give Washington leverage in its broader negotiations with Beijing over trade and influence in the Indo-Pacific.

• Regional Peace Dividend: Renewed talks could lead to a reduction in military posturing on the peninsula, unlocking new prospects for regional investment and cooperative economic development.

• Multipolar Diplomacy: The move fits a pattern of localized peace negotiations replacing U.S.-centric mediation, consistent with the broader transition toward multipolar diplomacy and finance.

Signals Within the Global Reset

• De-Dollarization Momentum: A stable Korean Peninsula would open the door to inter-Asian trade in local currencies, reinforcing the global shift away from dollar-centric commerce.

• Defense to Development: If regional security improves, East Asia’s capital flow could pivot from defense spending to infrastructure and digital trade systems, accelerating the financial reset underway across the Eurasian continent.

• Peace as Economic Strategy: The emerging model — diplomacy serving as the foundation for trade and technological cooperation — mirrors the new approach being adopted across Asia, where peace initiatives directly support the creation of alternative financial corridors.

What to Watch

• Whether Washington confirms any backchannel communication with Pyongyang.

• How China and Russia respond to a potential U.S.–North Korea thaw, particularly regarding energy transit and trade routes.

• Whether South Korea, Japan, and ASEAN states leverage this development to promote new regional security and settlement frameworks integrated with digital finance.

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

 Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Newsweek

• Reuters – Asia Pacific Diplomacy

• Yonhap – Seoul Intelligence Briefs

~~~~~~~~~
Xi and Mishustin Deepen China–Russia Investment Ties: A Blueprint for the Multipolar Financial Order

Beijing and Moscow advance mutual investment and economic integration as the Western financial system fragments.

Strategic Partnership Amid “Global Turbulence”

Chinese President Xi Jinping met with Russian Prime Minister Mikhail Mishustin in Beijing, reaffirming a shared commitment to deepen investment and expand cooperation across key industries — from energy and agriculture to the digital and green economies.

The timing of this meeting is not accidental. With Western sanctions tightening around Moscow and global trade patterns shifting toward regional blocs, the China–Russia partnership is emerging as the structural spine of a parallel economic system — one increasingly insulated from U.S. and EU monetary dominance.

Finance and Trade: Building the Infrastructure of the Reset

Xi’s push for stronger mutual investment comes as Russia’s trade with China has dipped slightly amid U.S. sanctions targeting oil giants Rosneft and Lukoil. Rather than retreat, both nations are doubling down — creating the financial and trade architecture for a self-sustaining Eurasian system.

• Investment Mechanisms Beyond SWIFT: Russia and China are increasingly settling trade in yuan and rubles, reducing exposure to the dollar and SWIFT network. Bilateral investment vehicles through China’s Cross-Border Interbank Payment System (CIPS) and Russia’s SPFS are becoming the backbone of the new financial rails.

• Energy and Commodity Exchange: Energy trade remains central. Russia’s oil exports to China — now largely priced outside the dollar — are laying the groundwork for a commodity-based settlement standard that may underpin future BRICS+ monetary mechanisms.

• Green and Digital Cooperation: Joint initiatives in green technology and digital currency experimentation further signal the fusion of environmental policy and fintech strategy as a diplomatic tool.

This represents not merely a bilateral economic expansion but a structural pivot away from the Western financial order — what many analysts identify as the operational phase of the Global Financial Reset.

Diplomacy and Peace in the Shadow of Sanctions

Xi and Mishustin’s meeting underscores a critical geopolitical message: economic cooperation is now the new diplomacy.
As Washington and Brussels continue to employ sanctions as tools of containment, Beijing and Moscow are transforming trade and finance into mechanisms of strategic deterrence and alliance building.

• Energy as Leverage for Peace: By integrating their energy and agricultural sectors, China and Russia create a stabilizing axis across Eurasia that could dampen conflict incentives — particularly if these arrangements extend to Central Asia and BRICS-aligned states.

• Counterweight to NATO and the G7: The “strategic coordination” referenced in the joint communiqué signals a parallel diplomatic ecosystem, where peace negotiations, financial systems, and security guarantees are interlinked outside the Western-led framework.

• Sanctions Resistance as Solidarity: Russia’s reliance on Chinese markets has evolved from necessity to ideological convergence — promoting sovereign trade models and mutual recognition of territorial claims (e.g., China’s “One-China” stance and Russia’s Ukraine position).

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News, Rumors and Opinions Tuesday 11-4-2025

KTFA:

Henig: Advisor to the Prime Minister: Al-Faw Port is a pillar for making Iraq a linking point between East and West

Advisor to the Prime Minister for Transport Affairs, Nasser Al-Asadi, stressed that the location of Al-Faw Port gives Iraq a unique opportunity to be a pivotal center for global transport movement, noting that the project represents the basic pillar for achieving the government's vision of making Iraq a linking point between East and West.

Al-Asadi said: "Al-Faw Port, by virtue of its geographical location, is an important strategic location, capable of being the only link between East and West in a path extending from sea to land, and this is a very great advantage that places Iraq at the heart of international trade,"

Indicating that "introducing the railway system inside Al-Faw Port and linking it by land to neighboring countries will make Iraq the main link in the global transportation network."

He explained, "This feature is very rare in the world's ports, as most of them do not have a direct connection to an integrated land transport network, and for this reason the port of Al-Faw will be the greatest incentive and encouragement for Iraq to be the linking part between continents and countries in a unified transport system".

Al-Asadi pointed out that "the strategy developed by the Iraqi government through the Supreme Committee for the Development Road Project, headed by Prime Minister Mohammed Shia al-Sudani, was based on this very concept, as the project is not viewed as an internal transportation corridor or cooperation between two countries only, but rather as a global connectivity project that aims to connect Asia with Europe and Africa via Iraqi territory through the multimodal transportation network included in the development road."

He added, "This vision represents the essence of the government's policy of transforming Iraq from a transit country to a hub country, and from a consumption area to a production and economic connectivity area, thus restoring Iraq's historical and geographical role as a center for global trade routes."

https://www.economy-news.net/content.php?id=61922

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Henig: Iraqi PM: Let us join in America’s peaceful prosperity — and help calm the Middle East

America has long been a leader in innovation and opportunity. Iraq is ready to match that leadership with its resources, its youth and its determination, writes Iraqi PM Mohammed Shia al-Sudani (pictured). REUTERS

By Mohammed Shia al-Sudani Published Nov. 3, 2025, 6:49 p.m. ET

For decades, security concerns shaped relations between Iraq and the United States almost exclusively.

Long wars, the fight against terrorism and heavy sacrifices on both sides left deep marks.

Yet Iraq today is no longer the country it was 20 years ago.

Our armed forces are stronger, our institutions more mature, and — thanks to cooperation with the United States and the international coalition — we are increasingly capable of defending our sovereignty.

The gradual reduction of coalition troops is not a retreat but a reflection of Iraq’s growing confidence and its willingness to shoulder responsibility.

This transition marks the beginning of a new era — one focused on prosperity rather than mere survival.

Iraq now seeks a partnership rooted in economic opportunity: We need investment, jobs and access to markets, while the United States brings leading expertise in technology, energy and agriculture, along with unmatched investment capacity.

By combining Iraq’s natural wealth with America’s innovation, both nations stand to benefit.

Recent agreements with companies like Chevron and General Electric are not just contracts on paper; they represent real jobs, stronger infrastructure and a more stable Middle East.

Iraq is a young nation: 40% of our citizens are under age 15.

This demographic reality can be either a powerful engine for growth — or a breeding ground for despair.

If we provide education and employment, our youth will drive Iraq forward; if we fail, we risk exposing them to extremism.

That is why Iraq does not seek aid but investment — partnerships that generate sustainable opportunity.

Security in Iraq no longer depends on permanent foreign deployments, but arises from jobs, justice and sovereignty. Extremism thrives where young people lack hope.

To confront this, Iraq is securing its borders, cutting off terrorist financing and ensuring that weapons remain under state authority.

These measures not only protect Iraqis but also reinforce Iraq’s role as a reliable partner in global security.

We have also chosen to act as a bridge for dialogue rather than a battlefield for conflict.

Iraq is engaging with its neighbors to ease tensions and prevent regional crises that could once again draw in outside powers.

This reflects our vision of sovereignty: Iraq as a stabilizer, a convener, and a contributor to peace.

In this effort, the United States remains an essential partner — through diplomacy and continued support for Iraq’s stability.

Iraq has chosen the path of integration and constructive dialogue grounded in fair and mutual interests, seeking stability and shared prosperity.

Our relations with the United States are built on mutual respect and the principle of non-interference in internal affairs.

Guided by these values, Iraq pursues a policy of constructive engagement with its regional neighbors and the international community alike.

Iraq is a fully sovereign state — independent in its decision-making and guided solely by its national interests. We maintain balanced and lawful relations with all nations.

While certain Iraqi factions hold ideological ties to Iran, we have ensured that their activities remain strictly within the bounds of state authority.

Externally, we seek partnership; internally, we seek reconciliation.

We are working to resolve issues with the Kurdistan Region and to strengthen trust among Iraq’s diverse communities by promoting a shared national identity, because a stable domestic foundation is the prerequisite for successful international partnerships.

The measure of US-Iraq relations should no longer be the number of American soldiers on our soil, but by joint projects, trade and opportunities created for both peoples.

A relationship once defined by war must now be redefined by prosperity.

We seek cooperation, not conflict.

We prefer our steel to be used to produce goods, not weapons.

An American embrace of Iraq as an investment and trading partner will give our neighbors tangible proof that peace is a better alternative than war.

What Iraq envisions is a fair, balanced and mutually beneficial partnership: One in which Iraq assumes full responsibility for its security while the United States engages as an investor, economic partner and ally.

This is not a plea for charity, nor a call for permanent military presence.

It is an invitation to build a win–win relationship that turns the lessons of the past into the foundations of a better future.

America has long been a leader in innovation and opportunity. Iraq is ready to match that leadership with its resources, its youth and its determination.

Together, we can redefine the US-Iraq relationship — not as another chapter in endless conflict, but as a story of prosperity built side by side.

Mohammed Shia al-Sudani is the prime minister of Iraq.

https://nypost.com/2025/11/03/.....ake-peace/

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

Militia Man They're taking about the delete the zeros project significantly lately. They said it's still in process. They're talking about a technical adjustment when they say things like that. They're not talking about a devaluation. For crying out loud, they talked about a 20k coin...By deletion of the zeros off the exchange rate and applying a real effective exchange rate based off fundamentals is really important to understand that...The peg [to a SDR basket]...is stability.

Mnt Goat What will happen to the three zero notes? To coincide with the newer lower denomination notes, the following three zero notes will still exist but taken out of everyday circulation. They will be used only in the background for financial institutions for larger cash transactions for international transactions, such as trade deals. 250, 500, 1000, 5,000, 10,000, 20,000, 25,000, 50,000...

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CHARLIE WARD DAILY NEWS WITH CHARLIE WARD, PAUL BROOKER & DREW DEMI

TUESDAY 4TH NOVEMBER 2025

https://www.youtube.com/watch?v=1msOlXS6YBE

Tuesday Coffee with MarkZ. 11/04/2025

Tuesday Coffee with MarkZ. 11/04/2025

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 all….is this our week or is it another “Groundhog Day”?

MZ: I don’t know if this is our week……I hope it is.

Member: What the heck will it take to get whoever is in charge of RV- to let it go???????

MZ: I do expect some bond updates …at least one later this afternoon. I’m hoping it will give me an idea of where we are at. It’s been painfully quiet

Member: Painfully quiet all over…..sigh

Member: Are we waiting on a banking crash?

MZ: That would certainly force it.

Member: Yep. Crash incoming. Has to make sense to the public. Sucks, but we get it.

Member: Mountain Goat is not expecting it until January 2026 for the reinstatement of the dinar.. That doesn’t surprise me.

Member: Well…if that true…..Sudani is a liar.  Imo

MZ: I still think its sooner. But there is clearly a “back wall” for it. Keep in mind they are purposely trying to cloud the timing. It may appear to much further off than it is.

MZ: “Central Bank sets banking reform plans” This may be what has Mountain Goat thinking it’s not till Jan 2026. They are talking about banking plans and reforms and saying many banks will be compliant and ready for International Standards  by Jan of 2026. Most banks will be ready early 2026 with International reforms.

Member: Iraq's banking sector is already more advanced than most countries.

MZ: If they are going to implement these International banking reforms by Jan. I think they need a new rate before then. I am still thinking we are on the cusp.

Member: Think about it. Why would Iraq make a budget for 2026, just to redo it to change the rate in January? They’ll have the new rate before January 1st.

Member: I am still hoping for before Iraq elections on the 11th.

The Iraqis say that they have approval of 1 to 1 from the US. I think is a mislead also.

Member: if the dinar goes 1:1 I'm exchanging

Member: November 22 2025 ISO 20022 becomes international banking standard. They can’t tell you everything

Member: OIl is down to $60 if they abandon the "petro" dollar and instead we see a petro "DINAR" with a dollar exchange rate in Gold backed currency instead of fiat - include a debt holiday of the fiat?

Member: Mark, I saw my local Chase bank teller out of the bank yesterday during her lunch break and asked her if she was under an NDA. She said yes. She says all the tellers get nervous when I come into the bank because I know way more than what they know And you’re afraid to help me because I asked questions

MZ: wow

Member: My bank just went to a new system. Customer service couldn’t tell me why and wanted to put me on hold to find out what she could tell me! I said as long as you know. She said yes, we know.

Member: It is just sad that another year has passed with no RV & Trump has been president 11 months already…

Member: Mark, what are your thoughts on Trump waiting till July 4th, 2026 - our countries 250th.

Member: That’s when Judy Shelton said the Us will have gold backed Treasuries. Maybe Gold backed currencies by then as well?????

Member: Blessings before US Thanksgiving will rise the vibration and ensure people to be more grateful and giving!

Member: Hopefully before Black Friday.

Member: Please stay positive and have a great day.

Member: Be blessed and stay safe.

 Dr. Bruce Fong and Lewis Hermes joins the stream after the news. Please listen to the replay for their information.

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

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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

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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.

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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=V8uCIzYQ1Is

“Vietnam News” Posted by Henig at KTFA 11-4-2025

KTFA:

Henig:  Vietnam tops Southeast Asia in gold consumption with 55 tons annually

By Anh Tu   October 31, 2025 | 01:50 am PT

Vietnam leads Southeast Asia in gold consumption, reaching 55 tons a year, according to World Gold Council data cited by a Vietnamese lawmaker.

Thach Phuoc Binh, a member from the southern province of Vinh Long, said at a National Assembly meeting Thursday that the country’s gold consumption of 55 tons last year exceeded that of Thailand (48.8 tons) and Indonesia (47.3 tons).

It was for a third year in a row that Vietnamese consumers had bought more than 55 tons, according to the World Gold Council. The figure comprises jewelry, bars and coins.

But most of the gold remains in people’s safes, a huge resource that has not been converted into capital to fund economic expansion, Binh said.

Gold is typically more expensive in Vietnam than elsewhere, with the gap occasionally widening to VND20 million (US$760) per tael this year.

Binh said the root cause for this is the lack of a transparent, modern and safe gold market for investors.

In the event, he proposed setting up a national gold exchange where people can deposit physical gold in vaults and get electronic certificates for them that could be trading.

With the exchange, other investment products could also be developed such as gold investment funds and gold-backed bonds, he said.

People could benefit from gold price gains while also enabling idle capital to be used.

"If we can bring 10-15% of the gold people possess into the financial system, it will be a precious source of funding for infrastructure, digital transformation and technological innovation and preclude the need to increase public debt."

Domestic gold prices have repeatedly set new records this year, prompting people to queue for hours to buy the precious metal amid low supply.

Bullion trades at VND148.9 million per tael at the time of publishing, a 77% rise since the start of the year.

The legal framework required for establishing a gold exchange is being studied by the State Bank of Vietnam, Deputy Prime Minister Le Thanh Long said.

"This new model will transparentize transactions, and will hopefully help control the market."

https://e.vnexpress.net/news/business/economy/vietnam-tops-southeast-asia-in-gold-consumption-with-55-tons-an

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Henig:  Remember when we talked about the financial center in Viet Nam? One branch in Ho Chi Minh City, and one in Da Nang? VOILA. Here ya' go, fam. This acceleration is YUGE.

PM orders int’l financial centre become operational this November

 November 01, 2025 - 17:12

Concluding a conference on the establishment of the International Financial Centre (IFC) in Việt Nam on November 1, Prime Minister Phạm Minh Chính underscored that despite challenges, efforts must be accelerated to ensure the centre is up and running this November.

PM Phạm Minh Chính (centre) chairs the conference on the establishment of the International Financial Centre (IFC) in Vietnam on November 1. VNA/VNS Photo  

HÀ NỘI — Prime Minister Phạm Minh Chính called for accelerated efforts, despite challenges, to ensure that the International Financial Center (IFC) in Việt Nam becomes operational this November.

He made the requirement while concluding a conference on the establishment of the IFC held on Saturday. In line with the Party Central Committee and Politburo’s directives and a resolution of the National Assembly, the Government plans to set up an IFC in Hồ Chí Minh City and Đà Nẵng. The branch in HCM City will cover about 899ha, and the one in Đà Nẵng about 300ha.

The PM stated that establishing an IFC is a new and difficult task, but it must be accomplished. He stressed the need for strong determination, great effort, and decisive action—avoiding both perfectionism and haste, yet seizing every opportunity—with a commitment to completing each task thoroughly and deliver tangible results.

He noted that the IFC establishment should draw on the experience of 20 others around the world, while also capitalising on the country’s creativity, historical and cultural strengths, and specific conditions.

He asked for close coordination with both domestic and international partners, between financial institutions and Việt Nam’s State agencies; integrating finance with production, trade, and investment; combining internal and external strengths; and adhering to international law and practices applied flexibly and creatively in Việt Nam’s context.

 The Government leader clarified that Việt Nam’s IFC has a steering committee chaired by the PM, two governing boards at the two locations, one supervisory body, and a court to resolve disputes in both places. The centre will operate on a digital basis and utilise artificial intelligence (AI) to enhance competitiveness and attract resources.

The centre should attract top domestic and international talent, provide a supportive and harmonious living environment with access to education, health care, and culture, blend tradition with innovation, and ensure close coordination among banking – financial institutions and other agencies, he stressed.

The PM said that financial and non-financial services there, as well as licensing and registration, should be flexible and favour post-approval supervision over pre-approval examination. The legal framework should be transparent and autonomous, separating domestic and international operations, with certain incentives and mechanisms.

Highlighting the importance of technology transfer, PM Chính stressed that Việt Nam’s IFC should not create barriers against other centres or among participants within and outside the centre. It should extend beyond finance to production, business, trade, and investment; stay globally competitive; and streamline all administrative procedures through a single-window system.

 He asked authorities of HCM City and Đà Nẵng to prepare infrastructure, conditions, and policies to ensure the IFC becomes operational in November 2025.

 To do that, attention should be paid to applying science, technology, and innovation, and encouraging bold mindset and decisive action, he said, noting that resources come from vision and mindset, motivation stems from innovation and creativity, and strength derives from the people and businesses.

 Delegates shared insights and proposed mechanisms, policies, and measures to ensure the centre’s early launch and efficient operation, including the legal status of its governing and supervisory bodies, operational and risk management mechanisms, product frameworks, trading market and infrastructure, and measures for attracting resources to the centre.

To delegates’ proposals, the PM tasked the Ministry of Finance and relevant agencies to review feedback and urgently finalise policies and the draft decree for the Government’s approval, ensuring the centre comes into operation this November. — VNA/VNS  

https://vietnamnews.vn/economy.....ember.html

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Henig:  FTA ecosystem: foundation to better leverage tariff preferences

November 03, 2025 - 22:55

The FTA ecosystem is seen as a strategic step to implement the Government’s directive on enhancing the country’s integration capacity and accelerating trade and economic growth.

Tra fish processed for export. Developing an FTA ecosystem is a strategic move to strengthen integration capacity and create momentum for trade and economic growth. — VNA/VNS Photo Vũ Sinh

HÀ NỘI — Việt Nam is developing a comprehensive free trade agreement (FTA) ecosystem to create a foundation to help domestic producers and exporters better leverage tariff preferences and strengthen competitiveness in the global market,

A workshop in Hà Nội was told on Monday. The FTA ecosystem is seen as a strategic step to implement the Government’s directive on enhancing the country’s integration capacity and accelerating trade and economic growth.

 Deputy Minister Nguyễn Sinh Nhật Tân said at the consultation workshop held by the ministry to draw contributions to the development of the FTA ecosystem, that to date, Việt Nam has signed 17 FTAs with more than 63 partners, including new-generation FTAs such as the EU–Việt Nam Free Trade Agreement (EVFTA), the UK–Việt Nam Free Trade Agreement (UKVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

 Vietnamese enterprises have significantly benefited from the FTAs, as reflected in increases in trade, investment, and development cooperation, Tân said, adding that the FTAs also create favourable conditions for Vietnamese firms to participate deeply in the global supply chain.

Still, Vietnamese firms, especially small and medium–sized enterprises (SMEs), continue to face challenges in taking full advantage of the opportunities arising from the FTAs, Tân said. “Developing an FTA ecosystem is therefore a strategic move to strengthen integration capacity and create momentum for trade and economic growth,” he said.

According to Ngô Chung Khanh, deputy director of the ministry’s Multilateral Trade Policy Department, domestic enterprises still face substantial challenges in utilising FTA benefits, including a lack of information on import markets, standards and customers, and difficulty in meeting import requirements such as rules of origin, technical standards and sustainability criteria. In addition, domestic enterprises also encounter limited access to capital and technology, with most being of small and medium sizes, weak branding capacity and weak linkage among enterprises, localities and government agencies.

Because these problems exist across the entire value chain, Việt Nam needs an ecosystem that connects all relevant stakeholders to make the most of FTAs’ advantages, improve competitiveness and accelerate public–private partnership, Khanh said. The proposed FTA ecosystem model will function as a comprehensive network connecting parties involved in the value chain, from producers, processors, distributors, logistics operators, associations, financial institutions and Government agencies.

The model aims to create a culture of connectivity, information sharing and mutual support to enable enterprises to optimise FTA benefits.

Khanh said the ecosystem is expected to generate significant economic impacts for Việt Nam, especially in expanding and diversifying export markets, attracting foreign investment, improving productivity and accelerating the shift toward a green and sustainable growth model.

The ecosystem would first reinforce Việt Nam’s policy framework for FTA implementation by strengthening the Government’s role in coordinating trade policy and managing resources to help enterprises make the most of tariff preferences, Khanh said.

For farmers, participating in the FTA ecosystem would help them access credit and technical support to meet export standards. For enterprises, the ecosystem would improve access to capital and trade intelligence, including market data and customer connections.

Khanh, however, emphasised that the ecosystem will only operate efficiently if participants share a common vision and production mindset. The ecosystem is open, but not to everyone, as each participant must meet specific criteria, such as a commitment to sustainable development. “The FTA ecosystem is expected to help Việt Nam not only make better use of FTAs but also lay the foundation for long-term and sustainable economic development,” Khanh said.

Mạc Quốc Anh, Deputy President of the Hà Nội Association of Small and Medium-Sized Enterprises (HANOISME), called for the early establishment of an FTA centre in Hà Nội to serve as a bridge providing consultancies on FTAs and rules of origin. He stressed that the centre would provide timely updates of FTAs so that the ratio of enterprises which could utilise tariff preferences under the FTAs would increase from the current 32 per cent to 55 per cent by 2026.

In addition, it is necessary to speed up the digitalisation of the certificate of origin (C/O) issuance process to cut processing time by 50 per cent and ensure all applications are processed only and eliminate paper documentation by 2026.

Việt Nam also needs to develop an FTA capacity index to assess enterprises’ capacity of access to preferential tariffs, origin management, logistics capacity and green transition.

According to Associate Professor Đào Ngọc Tiến, Vice Principal of the Foreign Trade University, once operational, the ecosystem would have a significant impact on economic growth.

Specifically, Việt Nam’s GDP growth could be 1.65 percentage points higher in 2025 compared to the baseline and remains above the trend by 2030, with export-oriented services and industrial sectors expected to be the main drivers, he said.

The FTA ecosystem would also help accelerate economic restructuring and boost Việt Nam’s trade performance with an improving trade balance, he said. MOU signing

At the workshop, Việt Nam’s Ministry of Industry and Trade and the Department of Foreign Affairs and Trade of Australia signed a memorandum of understanding on cooperation to optimise FTAs’ benefits.

 Australian Ambassador to Việt Nam Gillian Bird highly appreciated Việt Nam’s impressive economic growth, adding that the Australian Government has been working to support enterprises to utilise FTAs in which both Australia and Việt Nam are members, including CPTPP, the Regional Comprehensive Economic Partnership (RCEP) and the ASEAN – Australia – New Zealand FTA.

The MOU signing represents an important step in strengthening the relationship between Việt Nam and Australia and lays the foundation for a more favourable business environment, and contributes to addressing global challenges.

The MOU not only promotes bilateral trade but also helps farmers and businesses to expand global reach and pursue sustainable growth, she stressed.

According to Tân, the signing marked a significant milestone in cooperation between the two ministries and countries towards unlocking the full potential of FTAs and realising the comprehensive strategic partnership between the two countries. — VNS

 https://vietnamnews.vn/economy/1728793/fta-ecosystem-foundation-to-better-leverage-tariff-preferences.html

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Henig: IMO: A "leisure airline"? At 26,312 VND to the Dollar? Interesting.

Vietnam’s first leisure airline Sun PhuQuoc Airways launches commercial flights

ByGoda Labanauskaite November 3, 2025,

Sun PhuQuoc Airways   New Vietnamese carrier Sun PhuQuoc Airways has officially launched commercial flight operations, becoming the country’s first leisure airline. 

 In a statement on November 1, 2025, Sun PhuQuoc Airways announced that it will begin operating three domestic routes – Phu Quoc to Hanoi, Phu Quoc to Ho Chi Minh City, and Hanoi to Ho Chi Minh City – starting right away and continuing until the end of 2025. 

 The airline said that the introduction of these flights comes at a “crucial time”, as the airline prepares to help accommodate the rising travel demand during Phu Quoc’s busy tourism season and the upcoming Lunar New Year 2026. 

“This is not only the beginning of a new airline, but also the start of a new approach – where aviation and tourism go hand in hand to deliver distinctive travel experiences,” Nguyen Manh Quan, the CEO of Sun PhuQuoc Airways. 

Inaugural flight celebrations 

Sun PhuQuoc Airways was established six months ago in May 2025 by the Sun Group, a Vietnamese economic organization.

The airline launched its inaugural commercial flight from Vietnam’s capital city Hanoi to Phu Quoc, Vietnam’s largest island, in the early morning on November 1, 2025. Flight 9G1203 took off from Noi Bai International Airport (HAN), carrying 220 passengers on an Airbus A321.  

 Shortly after, two more flights left for Phu Quoc: one from Ho Chi Minh City and another from Da Nang. All three flights marked the airline’s initial day of commercial service to the Vietnamese island. 

The Da Nang-Phu Quoc route was operated as a special celebratory flight marking the airline’s inauguration, with regular service set to begin in March 2026. 

On its first day of operations, the airline said that every boarding pass was marked with the phrase “First Flight – 1.11.2025”, and each passenger seat included a specially designed souvenir set featuring Sun PhuQuoc Airways’ signature Sun symbol

Where will the airline fly next? 

Starting in early 2026, the airline intends to broaden its network and increase the number of flights, with regular routes connecting Da Nang-Phu Quoc and Nha Trang-Phu Quoc set to launch in March 2026. 

Additionally, in the same year, Sun PhuQuoc Airways said it plans to start direct international flights from Phu Quoc to South Korea, Taiwan, Thailand, Singapore, Hong Kong, and India. 

According to its official website, Sun PhuQuoc Airways intends to operate six aircraft by 2026, with a total investment of VND 2.5 trillion (US $100 million). The airline’s goal is to expand its route network by 200% and serve 10 international destinations by 2026. 

https://www.aerotime.aero/articles/new-carrier-sun-phuquoc-airways-launches-commercial-flights

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Billionaire Pham Nhat Vuong’s VinSpeed seeks to build $5.3B Hanoi-Ha Long Bay rail link

By Anh Tu   November 3, 2025 | 12:39 am PT

VinSpeed wants to build a Hanoi-Ha Long Bay high-speed rail at a cost of VND138.93 trillion (US$5.3 billion) and begin operating it by 2028.

If the project is approved this quarter construction would begin immediately and be completed by the last quarter of 2027 for testing and commercial launch by the first quarter of 2028, VinSpeed said in a recent filing with the government.

The 120-kilometer line will start at the National Exhibition and Convention Center in Hanoi, pass through Bac Ninh Province and Hai Phong City and end at Tuan Chau Ward in Ha Long.

It will have a maximum speed of 350 kilometers per hour. In the early years of operation VinSpeed expects to run a train every 60 minutes, and every 30 minutes from 2030.

The project has been added to the government’s nationwide rail network planning for the period until 2030, but a developer has not been selected.

Another key project the company plans is the high-speed line between Hanoi and HCMC spanning 1,541 kilometers.

It has applied to build the railroad at a cost of $61.35 billion, equivalent to 13% of Vietnam's GDP.

VinSpeed, founded by Vietnam’s richest man Pham Nhat Vuong in May, operates in railroad construction and rolling stock manufacturing.

Vuong owns 51% of the company and the rest is owned mostly by Vuong-controlled Vietnam Investment Group (35%) and his flagship company Vingroup (10%).

https://e.vnexpress.net/news/business/companies/billionaire-pham-nhat-vuong-s-vinspeed-seeks-to-build-5-3b-hanoi-ha-long-bay-rail-link-4959385.html

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Henig: IMO: Vietnam becoming a target for sovereign wealth funds? Interesting. I'm definitely paying attention now.

Vietnamese market in the ‘sights’ of the Gulf capital flows

October 31, 2025 - 16:00

In the context of global capital flows shifting strongly, Việt Nam has emerged as a strategic destination for sovereign wealth funds due to its stable economic growth, open business environment, and clear sustainable development orientation.

Strong capital shifts According to estimates by Deloitte, the total asset value of sovereign wealth funds reached $12 trillion by the end of last year and is projected to hit $18 trillion over the next five years. Gulf countries (including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE) account for about 40 per cent of this, while possessing six of the world’s ten largest investment funds.

These funds primarily operate with a dual objective: increasing asset value and supporting sustainable global development strategies. This creates a major distinction from private equity funds. The first is their risk appetite. A common trait of Gulf sovereign wealth funds is a relatively low risk appetite and a long-term vision, allowing them to accompany invested businesses for decades, enabling companies to focus on long-term development plans rather than chasing short-term profits.

Second, Gulf sovereign wealth funds often bring high levels of stability and reliability. Their presence typically creates a positive spillover effect, attracting capital from other investors. They also provide invested businesses with “privileges” in global networks, market expansion opportunities, and technology transfer.

Despite numerous economic and geopolitical fluctuations, the capital scale and disbursement pace of these Gulf "sharks" show no signs of slowing.

They disbursed $55 billion in the first nine months of last year, equivalent to two-thirds of new investment activities by sovereign wealth funds globally. However, this group’s capital flows are shifting strongly, both in terms of destinations and investment sectors.

 Previously active investors in the U.S. tech market with billion-dollar deals, they are now gradually turning their attention to regions with lower geopolitical risks, such as South Asia and Southeast Asia. This group is particularly interested in flexible macroeconomic policies and economic openness through signed free trade agreements.

With all these factors in place, plus numerous policies attracting investment in science and technology, innovation, and green growth to serve national development goals, Việt Nam has become a potential destination for Gulf investment funds. Some funds have poured hundreds of millions of USD into the country while continuing to seek two-way cooperation opportunities with domestic businesses.

A model ‘magnet’ for attracting Gulf capital The Vietnam Oman Investment (VOI) is a prime example of a channel for Gulf capital into Việt Nam. Since its establishment in 2008, the fund has disbursed approximately $500 million into key Vietnamese sectors such as healthcare, education, clean water, renewable energy, agriculture, food, infrastructure, bridges, and roads. Projects in which VOI has invested, such as the Rach Mieu 1 Bridge, Rach Mieu 2 Bridge, Song Hau Water Company, BCG Long An 1 and BCG Long An 2 solar power projects, and Hanh Phuc General Hospital in An Giang Province, have contributed immensely to upgrading infrastructure, ensuring energy security, and improving social welfare for communities.

 In the financial sector, VOI has also created positive impacts, with a $30 million investment in F88 that helped the business expand its network, digitise, and improve risk management before listing on the stock exchange earlier this year. Most recently, VOI participated in the initial public offering (IPO) of Techcom Securities (TCBS), contributing to Việt Nam’s tokenised asset development strategy.

As the intergovernmental fund, VOI also serves as a bridge helping Vietnamese goods penetrate the Gulf market, and vice versa, opening opportunities for Omani businesses to strengthen their presence in Southeast Asia.

 VOI’s success has laid the foundation for the two countries’ investment agencies to agree on establishing the "Việt Nam New Era Growth Fund" with a minimum capital of $200 million, marking the beginning of a deeper cooperation phase.

“VOI has played the role of a collective capital conduit, attracting other Gulf funds to Việt Nam. This is not only economic investment but also contributes to promoting social development, improving people’s lives, and reinforcing Việt Nam’s image as a safe and attractive destination.

We strive to become an effective bilateral bridge for the two governments, indirectly elevating Việt Nam-Oman relations to new heights and expanding to the entire Gulf region,” a fund representative shared. At the Political Consultation meeting at the end of September, diplomatic representatives from both countries agreed that Việt Nam and Oman share many similarities, their economies complement each other, and there is ample room to develop multifaceted cooperation.

 Omani Deputy Foreign Minister Khalifa Bin Ali Al Harthy reaffirmed that Việt Nam is a dynamic economy, politically stable, fast-growing, and highly promising in the Asia-Pacific. Oman views Việt Nam as an important partner in its “Look East” policy.

This, combined with policies attracting international investors into key national projects on technology infrastructure and international financial centres, is expected to become a "magnet" drawing capital from Oman and other Gulf countries to Việt Nam.

According to a VOI representative, sovereign wealth funds always have strict investment standards and due diligence processes based on pre-determined risk appetites. With priorities in seeking stable and sustainable returns for both themselves and the recipient, they often look for leading enterprises with healthy competitive advantages and high governance standards.

 “Việt Nam possesses many long-term growth drivers, but risks are higher compared to developed markets. Therefore, governance thinking and risk mitigation play a special role in investment due diligence. To access capital from Gulf 'sharks,' Vietnamese enterprises need to demonstrate transparency and meet international standards in finance, auditing, and risk management.

 These factors will help build trust with the investment funds while reducing risks for the enterprise’s own operations,” the VOI representative recommended. Gulf sovereign wealth funds are also pursuing investment strategies tied to sustainable development.

Therefore, enterprises integrating ESG (environment, social, and governance) pillars into business strategy and operations will create alignment with partner priorities. Beyond creating financial value, Vietnamese enterprises can increase their appeal to sovereign wealth funds by acting as bridges and distribution channels to pave the way for their goods and services into Southeast Asia. According to the VOI representative, this is currently an advantage but will gradually become a prerequisite for entering the portfolios of Gulf investment funds./.

https://vietnamnews.vn/brandinfo/1728641/vietnamese-market-in-the-sights-of-the-gulf-capital-flows.html