Good Morning Dinar Recaps,

Starmer Signals Exit as Burnham Emerges as Britain's Next Leadership Contender

British Prime Minister Keir Starmer is reportedly preparing to outline a timetable for his departure, potentially opening the door for Greater Manchester Mayor Andy Burnham to lead the Labour Party and become the United Kingdom's next prime minister amid growing political and economic uncertainty.

The Iraqi Government: There Are No Plans To Change The National Currency Or Remove Three Zeros From The Iraqi Dinar

The Iraqi government today reiterated that there are no plans to change the national currency or remove three zeros from the Iraqi dinar, while denying any intention to borrow externally to meet current economic challenges.

Government spokesman Haider al-Aboudi said in a statement that the news circulating about the imminent removal of three zeros from the Iraqi currency or the revaluation of the dinar and the adjustment of the dollar exchange rate is not based on any official decisions, stressing that the government does not have any project in this direction at the present time.

Good Afternoon Dinar Recaps,

Japan Pension Fund Adds Cryptocurrency to Hedge Against Dollar Weakness

One of Japan's corporate pension funds is preparing to add cryptocurrency to its investment portfolio, signaling a growing institutional shift toward digital assets as a hedge against currency risk and the potential decline of the U.S. dollar's global reserve dominance.

Parliamentarian: The Government May Move To Raise The Dollar Exchange Rate To 165,000 Next September

Money and Business  Economy News – Baghdad   Member of Parliament, Ahmed Salim Al-Kinani, revealed an anticipated government plan to raise the exchange rate of the US dollar to between 160,000 and 165,000 Iraqi dinars per 100 dollars, instead of the current rate of 132,000 dinars.

What Happens If the U.S. Economy Crashes?

By   Kimberly Amadeo   Updated on August 28, 2024

Although the initial outbreak of COVID-19 in March 2020 sent a shockwave through the markets and economy, another recent near-collapse of the U.S. economy happened on September 16, 2008. This is the day the Reserve Primary Fund “broke the buck"—the value of the fund’s holdings dropped below $1 per share.1

Good Morning Dinar Recaps,

ASEAN Pushes Deeper Rare Earth Cooperation to Strengthen Global Supply Chains

ASEAN is seeking to deepen cooperation on rare earth elements (REEs) as global demand for critical minerals accelerates. By strengthening regional collaboration, Southeast Asian nations hope to reduce dependence on outside powers, expand domestic processing industries, and secure a stronger position in the global supply chain.