Good Afternoon Dinar Recaps,

Trump Pushes $350 Billion Defense Package as SAVE America Act Gains Momentum

The Trump administration is urging Congress to quickly approve a proposed $350 billion reconciliation package that combines major defense spending with the SAVE America Act, setting up a significant debate over national security, federal spending, and election policy.

Iraq Tops The List Of Importers Of Amman's Industrial Exports During The Last 5 Months

Money and Business   Economy News – Baghdad   Iraq topped the list of Arab and foreign countries that received the most exports from the Amman Chamber of Industry during the first five months of this year, after the value of Jordanian exports to it increased by 6 percent to reach 404 million dinars, compared to 381 million dinars for the same period in 2025.

Good Morning Dinar Recaps,

EU Targets Russian Banks as Moscow Signals Financial Resilience

Despite a new round of proposed European sanctions, Russia says its banking sector remains profitable and stable, highlighting the growing battle between Western financial pressure and emerging alternative economic systems.

Government Advisor: Exchange Rate Stability Has Boosted Citizens' Purchasing Power

{Economic: Al-Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed on Saturday that the government, headed by Ali Falih al-Zaidi, has taken measures to preserve the purchasing power of the dinar and curb inflation. 

Saleh said in a press statement followed by Al-Furat News: “The policy of stabilizing the official exchange rate is based on a fundamental goal, which is to protect the external value of the national currency and maintain the stability of the general price level,” noting that “the stability of the exchange rate has contributed to strengthening confidence in the Iraqi dinar and supporting the purchasing power of citizens.”

What Is Stagflation?

By   Kimberly Amadeo    Updated on July 1, 2021

Key Takeaways

• Stagflation is stagnant economic growth plus high inflation and high unemployment.

• It is caused by conflicting contractionary and expansionary fiscal policies.

• Stagflation got its name during the 1973-1975 recession, when GDP growth was negative for five quarters.

• Because of changes in policy and economic conditions, stagflation is unlikely to reoccur today.

Good Evening Dinar Recaps,

Japan’s Banking Giants Unite to Launch Stablecoin Network, Accelerating the Digital Currency Transformation

Japan’s largest financial institutions are taking a major step toward modernizing global payments, signaling growing momentum behind tokenized finance, stablecoins, and the evolution of the international monetary system.