"This Is Going To be Horrific" Mike Maloney Says USA Entering a Bust Unlike Any Other

"This Is Going To be Horrific" Mike Maloney Says USA Entering a Bust Unlike Any Other

SilverGold:  11-1-8-2025

WARNING: A crash unlike any other may be coming. In this video, financial educator and precious-metals proponent Mike Maloney joins Allan to walk us through why the U.S. may be entering “a bust unlike any other.”

From real-estate bubbles, to stock-market excess, to mounting credit-stress in households and businesses — we explore the data, the diverging signals, and the structural vulnerabilities that rarely get this much attention.

What you’ll learn:

Why both housing and equities are flashing warning signs simultaneously.

How rising credit-card and auto-loan delinquencies may be just the beginning.

Why commercial real-estate could be the next domino to fall.

What the divergence between leading indicators and the stock market truly means.

Actionable strategies for when the reset happens (and yes — preparation beats surprise).

 The U.S. is facing both a stock-market bubble and a real-estate bubble simultaneously — a scenario unlike past major downturns.

(Mike Maloney) Consumer credit-stress indicators are reaching levels not seen since the 2008 crisis: 90-day+ credit-card delinquencies above ~12 % and auto-loan delinquencies at record highs.

Commercial real-estate and commercial mortgage-backed securities are showing warning signs: delinquency rates in office‐CMBS have breached highs from past crises.

The divergence between leading economic indicators (LEI) and the stock market is historically a red flag: when the LEI drops sharply while the stock market remains elevated, a crash tends to follow.

According to Maloney, this is not just a cyclical downturn: he argues we’re in the midst of a “monetary reset” with structural risk, and the real crash hasn’t yet hit — it’s still building.

https://www.youtube.com/watch?v=fstGr4QjJdU

De-Dollarization is Reaching 100%, Russia and China Bypass the West Entirely

De-Dollarization is Reaching 100%, Russia and China Bypass the West Entirely

Lena Petrova:   11-8-2025

For nearly a century, the US dollar has reigned supreme, the undisputed king of global finance. It’s been the bedrock of international trade, the primary reserve currency, and the go-to for settling accounts across borders.

But beneath the surface of this perceived stability, a silent revolution is underway—a phenomenon known as “dellorization.”

This isn’t a planned coup or a sudden uprising. Instead, it’s a gradual, market-driven adaptation, heavily accelerated by geopolitical shifts and, ironically, the very Western sanctions designed to assert financial power. We’re witnessing a fascinating transformation, particularly evident in the rapidly deepening financial partnership between Russia and China.

The catalyst for this accelerated shift was undeniably the extensive sanctions imposed on Russia following the 2022 UKraine conflict.

These severe restrictions, which saw Russia largely cut off from Western-dominated financial infrastructures like the US dollar and euro systems, forced a radical re-evaluation of its economic strategy.

The response has been swift and decisive: a strategic pivot eastward, with China emerging as Russia’s largest trading partner and primary buyer of its oil. The numbers speak volumes: Russia’s Finance Minister Anton Siluanov recently announced that a staggering 99.1% of trade settlements between Russia and China now occur in their local currencies—the ruble and yuan. 

This isn’t just a statistic; it’s a powerful statement of financial independence, effectively bypassing the very systems that Western sanctions sought to control.

This trend isn’t confined to Moscow and Beijing. It’s part of a broader movement among nations worldwide—especially within the BRICS bloc (Brazil, Russia, India, China, South Africa) and other regional alliances like ASEAN and the Shanghai Cooperation Organization.

 Their goal? To reduce dependence on the US dollar, insulate themselves from potential future sanctions, and mitigate financial shocks.

This shift represents more than just a tactical move; it’s a profound philosophical and practical change. Nations are prioritizing economic resilience and financial sovereignty, seeking to diversify away from traditional Western financial hubs like Washington, London, and Brussels.

While the momentum for dellorization is undeniable, the path to a truly multipolar financial world isn’t without its challenges.

The political and economic diversity among BRICS members, for instance, means not all nations share the same urgency or capability to decouple from Western economies. The US, naturally, has signaled its readiness to resist these efforts through sanctions and tariffs, aiming to protect the dollar’s dominance.

However, historical precedent suggests that currency dominance follows economic power shifts gradually. The Russia-China trade milestone is a key indication that we might be witnessing the early stages of a new era in global finance—one marked by complexity, multipolarity, and a strong emphasis on economic sovereignty.

The weaponization of the dollar, while powerful in the short term, may ultimately be accelerating its long-term decline by prompting viable alternatives to emerge. As more nations seek to control their own financial destinies, the global financial landscape is set for a fascinating and complex evolution.

https://youtu.be/LOPKmYQd2qA

Seeds of Wisdom RV and Economics Updates Sunday Afternoon 11-2-25

Good Afternoon Dinar Recaps,

Diplomacy, Currency & Metals: The Quiet Shifts Redrawing Global Finance

How gold, the yuan, and resource diplomacy are shaping a post-dollar order

Overview

Recent developments across diplomacy, metals, and currency markets show a quiet but accelerating restructuring of global finance. What once appeared as isolated moves — trade deals, currency discussions, and commodity market swings — now converge into a larger framework of strategic financial realignment.

Gold and the Federal Reserve’s Signal

• Gold prices slipped about 0.4% after the U.S. Federal Reserve adopted a cautious tone on rate cuts, which strengthened the dollar.

• Despite the short-term pullback, central banks remain net buyers of gold, underscoring its role as a hedge against monetary instability.

• Gold’s behavior continues to act as a barometer of structural transition — signaling investor hedging ahead of potential monetary resets rather than mere cyclical policy shifts.

BRICS Currency and the Rise of a Multipolar Payment System

• The BRICS bloc is intensifying discussions on creating a joint payment and settlement system to reduce reliance on the U.S. dollar.

• This effort complements the broader “de-dollarization” trend observed across Asia, Africa, and Latin America.

• Analysts suggest such a system could eventually function as a parallel settlement layer backed by commodities or digital assets — a key stepping stone toward a new reserve architecture.

China’s Yuan-Based Diplomacy

• Russian businessman Oleg Deripaska emphasized that China’s vision for a multipolar world order depends on establishing a yuan-based settlement framework.

• This positions the yuan not just as a national currency, but as the anchor of a regional financial system aligned with trade corridors like the Belt and Road Initiative (BRI).

• The yuan’s role in energy, commodities, and strategic infrastructure reflects Beijing’s push to pair diplomacy with monetary design — a direct counterpart to the dollar’s post-World War II system.

Resource Diplomacy: The Metals Dimension

• The U.S.–Australia Critical Minerals Agreement illustrates how diplomatic ties are now inseparable from resource and monetary strategy.

• Securing rare earths and battery metals forms part of the West’s response to Chinese resource dominance — effectively a financial defense mechanism.

• By controlling upstream materials, nations also control currency stability, trade leverage, and supply-chain financing — extending diplomacy into financial architecture.

Why It Matters

• Metals are now monetary assets again. Gold, rare earths, and critical minerals underpin not just trade but sovereign financial independence.

• Currency and diplomacy are merging. The yuan’s expansion, BRICS discussions, and Western resource alliances show finance being rebuilt around political blocs.

• A dual financial architecture is emerging. One dollar-centric; the other regionalized and resource-backed — together forming the next phase of Bretton Woods 2.0.

• These trends are not isolated policy events but coordinated responses to the same structural force: the global realignment of trade, energy, and settlement systems.

Outlook

Watch for:

• Formal announcements on the BRICS payment platform or gold/yuan linkages.

• Central bank gold reserves — if accumulation accelerates, it signals growing confidence in a non-dollar system.

• Strategic mineral treaties — each deal effectively extends a new financial frontier beyond the traditional banking network.

• Yuan and commodity settlement volumes — the metric that may define who controls the “liquidity language” of the next decade.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Discovery Alert – “Federal Reserve Rate Cuts and Gold Prices: 2025 Market Analysis”

• Reuters – “US-Australia critical minerals deal underscores gap to China” 

• White House – “United States-Australia Framework For Securing of Supply in the Mining and Processing of Critical Minerals and Rare Earths” 

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“BRICS Unbroken: Why Allegations of a Split Miss the Point of the Global Finance Shift”

The allegations of member-exit are a distraction — the real story is a deeper financial and geopolitical re-structuring underway.

The claim — that one or more members of BRICS are leaving the bloc — is unfounded. What’s occurring instead is the reinforcement of collective financial and trade mechanisms that challenge Western-centric systems. 

🔹 What the Source Says

• Maria Zakharova, spokesperson for Russia’s foreign ministry, stated that no BRICS member has formally notified the bloc of any intention to leave, despite U.S. tariff pressure. 

• Rather than splitting, the bloc is reportedly being pushed closer together by external pressure: “tariffs … are pushing the BRICS countries not to leave the association, but […] to expand trade, economic, and financial cooperation and develop mechanisms for practical cooperation that are resistant to external risks.” 

• BRICS continues its enlargement and institutionalisation: the group has expanded membership, created partner-country status, and developed financial institutions. 

🔹 How This Fits with the Global Financial & Alliance Restructuring

• Alliance architecture rewriting: This isn’t a story of collapse but of transformation. Without public exits, the BRICS model transitions like this: moving from loose cooperation toward coordinated financial and trade infrastructure (e.g., alternative settlements, multi-currency arrangements).

• Financial system reset in motion: The strength of the alliance under pressure signals that new financial networks (clearing, settlement, trade-financing) are being constructed specifically to withstand Western-led tariffs and sanctions. That means the architecture of global finance is being layered, not just modified.

• U.S. strategic dimension: As you track from your lens, these developments underscore why U.S. trade deals, diplomacy and regulatory influence matter so much — the alternative networks being built by BRICS and its partners could bypass much of the U.S.-dominated system.

• Narrative & perception: The sceptical narrative of “members leaving” is itself significant: it shows how much the U.S. (and Western media) treat BRICS as a threat. BRICS’s ability to deflect the narrative and show cohesion strengthens its position in the global reset.

🔹 Why It Matters

• For global investors & policymakers: If BRICS holds together while developing independent finance/trade rails, capital flows, asset-allocation decisions and currency exposure must evolve accordingly.

• For the U.S.: This is not just competition in trade — this is competition over financial infrastructure: who owns the rails, who sets the rules, who controls settlement and value movements. Every trade deal, tariff threat or regulatory policy becomes part of that broader architecture.

• For system stability: Multi-polar finance means risk is redistributed. The old “West vs the rest” model is morphing into a multi-node network where disruptions in one node (e.g., sanctions, export bans) compel others to pick up slack or build alternatives. Resilience is being baked into the system via redundancy.

• For the global reset: When alliances like BRICS show resilience under pressure, it accelerates the move from a unipolar, dollar-centric system toward a multipolar network of trade-finance hubs — which means your tagline holds true: “This is not just politics — it’s global finance restructuring before our eyes.”

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Watcher Guru – “Which Countries Are Leaving the BRICS Alliance?”  

• Council on Foreign Relations (CFR) – “What is the BRICS Group and Why Is It Expanding?”

• Carnegie Endowment – “BRICS Expansion and the Future of World Order.”

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“Vietnam News” Posted by Henig at KTFA 10-26-2025

KTFA:

Henig:  Việt Nam, US issue joint statement on reciprocal trade agreement

October 26, 2025 - 19:09

According to the joint statement, Việt Nam will provide preferential market access for substantially all US industrial and agricultural exports to Việt Nam.

HÀ NỘI — Việt Nam and the US on Sunday issued a joint statement outlining a framework for an agreement on reciprocal, fair and balanced trade.

Prime Minister Phạm Minh Chính met with US President Donald Trump at the 13th ASEAN-US Summit in Kuala Lumpur on Sunday. VNA/VNS Photo

The statement was released on the occasion of US President Donald Trump and Prime Minister Phạm Minh Chính attending the 47th ASEAN Summit in Kuala Lumpur, Malaysia. The agreement on reciprocal, fair and balanced trade will build upon the longstanding economic relationship between the two countries, including the US-Việt Nam Bilateral Trade Agreement signed in 2000, which entered into force in 2001.

According to the joint statement, Việt Nam will provide preferential market access for substantially all US industrial and agricultural exports to Việt Nam. The US will maintain at 20 per cent the reciprocal tariffs, as outlined in Executive Order 14257 of April 2, 2025, as amended, on originating goods of Việt Nam, and will also identify products from the list set out in Annex III to Executive Order 14346 of September 5, 2025, Potential Tariff Adjustments for Aligned Partners, to receive a zero per cent reciprocal tariff rate.

The US and Việt Nam will work constructively to address both countries’ interests in non-tariff barriers affecting bilateral trade in priority areas. Việt Nam has agreed to address many such barriers, including accepting vehicles built to US motor vehicle safety and emissions standards, addressing import licences for US medical devices, streamlining regulatory requirements and approvals for US pharmaceutical products, fully implementing Việt Nam’s obligations under certain international intellectual property treaties to which it is a party, and addressing US concerns with conformity assessment procedures. The US and Việt Nam have also committed to address and prevent barriers to US agricultural products in the Vietnamese market, including with regard to US regulatory oversight and acceptance of currently agreed certificates issued by US regulatory authorities.

Under the agreement, Vietnam Airlines has agreed to purchase 50 aircraft from Boeing, worth more than US$8 billion.

 Vietnamese companies have signed 20 memorandums of understanding with US companies to purchase US agricultural commodities, with a total estimated value of over US$2.9 billion.

In the coming weeks, the US and Việt Nam will work to finalise the agreement, prepare it for signature and undertake domestic formalities in advance of it entering into force. — VNS

https://vietnamnews.vn/economy/1728178/viet-nam-us-issue-joint-statement-on-reciprocal-trade-agreement.html

Henig:  Prime Minister Phạm Minh Chính meets US President Donald Trump on sidelines of 47th ASEAN Summit

October 26, 2025 - 20:19

During the meeting, the two leaders agreed to advance the Comprehensive Strategic Partnership for peace, cooperation and sustainable development between Việt Nam and the United States in a deeper, more substantive and effective manner.

Prime Minister Phạm Minh Chính (left) held a brief meeting with US President Donald Trump on the sidelines of the 13th ASEAN–US Summit

KUALA LUMPUR — Prime Minister Phạm Minh Chính held a brief meeting with US President Donald Trump on the sidelines of the 13th ASEAN–US Summit during his attendance at the 47th ASEAN Summit and related meetings in Kuala Lumpur, Malaysia, on Sunday.

 During the meeting, the two leaders agreed to advance the Comprehensive Strategic Partnership for peace, cooperation and sustainable development between Việt Nam and the United States in a deeper, more substantive and effective manner.

 Both sides expressed a shared commitment to soon conclude a Reciprocal Trade Agreement, ensuring fairness and equality while encouraging greater US investment in Việt Nam.

Following Prime Minister Chính’s proposal, President Trump gave a positive response and took note of Việt Nam’s request for recognition as a market economy, as well as for removal from the US strategic export control lists D1 and D3. President Trump directed senior American officials present at the summit, including the Treasury Secretary and the US Trade Representative, to promptly provide feedback on these matters.

PM Chính commended President Trump’s role in promoting the peaceful settlement of global conflicts in recent times.

The brief ASEAN–US sidelines meeting demonstrated mutual understanding, respect and a shared resolve to further strengthen the Comprehensive Strategic Partnership between the two countries.

On this occasion, PM Chính conveyed an invitation from Party General Secretary Tô Lâm and other senior Vietnamese leaders for President Trump to visit Việt Nam. President Trump warmly accepted, saying he looked forward to and would make time for a visit to Việt Nam in the near future.

PM Chính also proposed that the United States arrange a visit to Washington by Party General Secretary Tô Lâm under the framework of the two countries’ Comprehensive Strategic Partnership. President Trump welcomed the idea, asking that Việt Nam inform the US side at an appropriate time, and also expressed a desire for PM Chính to visit the United States when convenient for both sides.

13th ASEAN–US Summit On Sunday afternoon, PM Chính joined ASEAN leaders and US President Donald Trump at the 13th ASEAN–US Summit, held at the Kuala Lumpur Convention Centre.

 In his address, Chính congratulated President Trump on the United States’ recent achievements and praised his diplomatic efforts in promoting dialogue and peaceful conflict resolution worldwide. He particularly acknowledged the President’s cooperation with Malaysia, this year’s ASEAN Chair, and other ASEAN members in facilitating talks between Cambodia and Thailand, leading to the signing of a Joint Declaration of Peace between the two neighbours.

Recognising the US as one of ASEAN’s most comprehensive strategic partners, Chính proposed four major orientations to deepen ASEAN-US cooperation more practically and effectively.

The orientations consist of enhancing economic, trade and investment connectivity towards a balanced, harmonious and sustainable relationship; promoting cooperation in digital transformation, innovation and energy security, including energy infrastructure connectivity and peaceful nuclear energy collaboration; strengthening cybersecurity and the fight against transnational crime, building on US initiatives against online fraud and Việt Nam’s initiative on improving the pursuit of wanted criminals; and maintaining peace, security and stability across the region.

 Chính reaffirmed that ASEAN and the US shared common interests and responsibilities in maintaining peace, stability, security and development in the region, including the East Sea (internationally known as the South China Sea). He reiterated ASEAN’s principled position of resolving disputes peacefully and in accordance with international law, particularly the 1982 United Nations Convention on the Law of the Sea (UNCLOS).

For his part, President Trump affirmed that Southeast Asia occupied a central place in the US Indo-Pacific policy, and that the United States remained a steadfast partner and friend to the region.

Washington, he said, would seek to deepen its partnership with ASEAN not only in economics, trade, energy, technology and AI but also in the pursuit of peace, stability and prosperity for all nations and future generations.

The President underscored that the US would be ready to work closely with and support ASEAN in addressing shared challenges, with full respect for ASEAN’s centrality and the legitimate interests of its member states. At the close of the summit, ASEAN and US leaders adopted the 'Joint Vision Statement on a Stronger, Safer and More Prosperous ASEAN-US Partnership,' setting the strategic direction for the next phase of cooperation.

ASEAN leaders commended the United States for its active and constructive contributions to regional cooperation through ASEAN-led mechanisms, particularly in promoting dialogue and confidence-building for peace and stability.

They also highly appreciated President Trump’s personal commitment and role in fostering regional dialogue, including his support for negotiations that helped ease tensions and achieve the Peace Declaration between Thailand and Cambodia in Kuala Lumpur on Sunday.

The leaders noted that ASEAN-US relations continue to grow robustly, comprehensively and effectively across multiple sectors.

 The two sides reaffirmed their commitment to effectively implementing existing initiatives and to deepening the ASEAN-US Comprehensive Strategic Partnership, focusing on high-quality trade and investment, finance, infrastructure connectivity, the digital economy, energy and cybersecurity resilience, all aimed at building a peaceful, secure, stable and prosperous region. —VNS

https://vietnamnews.vn/politics-laws/1728180/prime-minister-pham-minh-chinh-meets-us-president-donald-trump-on-sidelines-of-47th-asean-summit.html

Seeds of Wisdom RV and Economics Updates Friday Afternoon 10-24-25

Good Afternoon Dinar Recaps,

The DeFi Spine of the Global Reset: How Flare, Ripple, and BRICS Gold Systems Are Converging

From tokenized liquidity to gold-backed trade, a two-tier financial system quietly takes shape.

A quiet but monumental transformation is underway across global finance — one not defined by central banks alone, but by the convergence of decentralized and sovereign digital systems.

The Flare Network’s 40 million XRP bridge, the Ripple cross-border payment infrastructure, and the BRICS gold-backed digital currency initiatives are no longer separate experiments — they are interlocking components of what analysts are now calling a “dual-layer financial architecture.”

At the first layer, sovereign digital currencies — including BRICS’ proposed settlement coin and China’s digital yuan — form the backbone of state-backed value exchange. These systems are increasingly commodity-anchored, with Russia, China, and Saudi Arabia linking trade settlements to gold and energy units.

At the second layer, interoperable DeFi platforms like Flare and Ripple enable real-time liquidity movement across private and public networks. Through wrapped assets like FXRP, tokenized gold, and programmable stablecoins, these systems are demonstrating how digital collateral can flow globally without central clearing intermediaries.

The BIS Innovation Hub has acknowledged that such interoperability “could redefine the infrastructure of reserve mobility.” Ripple’s distributed ledger for banks and Flare’s cross-chain DeFi mechanics effectively create a “financial Internet”—a programmable liquidity grid connecting sovereign and private markets.

Why It Matters

This hybrid model—state-backed reserves supported by decentralized liquidity rails—forms the technological foundation of the global financial reset.

It represents the end of static reserves and the rise of programmable value, where gold, oil, and digital assets circulate within a unified, tokenized framework.

As BRICS nations shift trade settlements into this dual system, and Western institutions quietly pilot similar models through the IMF’s Digital Money Reports and BIS cross-border trials, the stage is set for the first programmable global monetary order in history.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Watcher.Guru – Flare Bridges 40 Million XRP as CEO Says It’s Only the Beginning

• IMF Digital Money Report 2025

• BIS Innovation Hub – Unified Ledger and Cross-Border Tokenization Framework

• BRICS Secretariat – Working Paper on Commodity-Backed Settlement Unit (2025)

• Ripple Insights – Institutional Liquidity and Cross-Border Payment Rail Study

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BRICS Accelerates Dollar Offload as China’s Currency Intervention Hits $51.8 Billion

IMF and BIS analysts warn of deepening liquidity divergence as Beijing leads a new wave of de-dollarization.

BRICS member China is intensifying its push away from the U.S. dollar.

According to Bloomberg and Watcher.Guru, Chinese banks helped clients offload $51.8 billion in foreign currencies in September — the largest single-month sell-off since 2020. The wave of conversions, primarily by exporters and institutional investors, marks a sharp turn toward yuan internationalization amid growing U.S. trade tensions.

The People’s Bank of China (PBOC) has been actively supporting the yuan’s value, setting its daily reference rate at its strongest level in a month. These moves come shortly after U.S. President Donald Trump’s tariff escalation on Chinese imports, prompting Beijing and other BRICS nations to tighten coordination and support local-currency settlements.

The BIS has recently cautioned that “sustained dollar offloading by systemically important economies could fragment liquidity channels.” Meanwhile, the IMF notes that “multi-currency reserve diversification now poses measurable risk to dollar-based clearing systems.”

• $51.8 billion in FX offloads marks the largest coordinated move since 2020.

• Yuan confidence surges as exporters settle trade in domestic currency.

• BRICS coordination deepens, signaling an active transition toward a commodity-anchored, multipolar financial order.

Why It Matters

This accelerated dollar liquidation by BRICS members, led by China, represents more than a trade maneuver — it’s a monetary shift. Each sale of dollar reserves and foreign assets weakens the U.S.-centric liquidity network that underpins global trade. As alternative settlement systems expand and BRICS currency integration advances, the groundwork for a parallel financial architecture emerges — the very foundation of a global financial reset built on multipolar balance, digital assets, and sovereign control.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Watcher.Guru – BRICS Speeds Up Dollar Selling, Chinese Firms Offload $51.8 Billion

• Bloomberg – China’s Dollar Sell-Off Hits 4-Year High

• BIS Quarterly Review – October 2025

• IMF Global Financial Stability Report – “Shifting Ground Beneath the Calm”

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All Signs Point to Reset: How Every Fiat System Ends in Collapse!

All Signs Point to Reset: How Every Fiat System Ends in Collapse!

Lynette Zang:  10-18-2025

Every fiat system ends in collapse, and all signs point to another reset.

 Since 1971, when the dollar was cut loose from gold, productivity gains vanished while inflation quietly stole purchasing power.

Now debt is exploding, real estate is distorted, and central banks are hoarding gold behind the scenes.

This isn’t a coincidence—it’s the controlled transition to the next monetary system.

Lynette exposes the pattern, the players, and how to protect yourself before the reset goes public.

Chapters:

 00:00 — Introduction

00:45 — Why gold and silver matter when regulators fail

01:21 — 1971: The moment money changed forever

03:11 — How gold exposes fake paper wealth

04:05 — The economy broke when wages stopped rising

05:15 — Deregulation and the rise of zombie companies

07:22 — The housing trap: priced out and locked in

 08:31 — Black Monday and the creation of market control

11:00 — Inflation: the hidden reset of the economy

13:39 — Why central banks are buying gold again

 15:29 — How to build a sound money plan

https://www.youtube.com/watch?v=uA-nmczuf0Q

“Tidbits From TNT” Friday 10-17-2025

TNT:

Tishwash:  How did a Gulf nation barely bigger than Nagaland build the world’s most powerful currency?

Despite its modest size, Kuwait boasts the world's most valuable currency, the Kuwaiti Dinar (KWD), with an exchange rate of approximately 1 KWD = 3.26 USD.

1. Kuwait: A Tiny Powerhouse

Kuwait, a small nation of approximately 5 million people, occupies just 17,818 square kilometres, slightly larger than India's Nagaland. Despite its modest size, Kuwait boasts the world's most valuable currency, the Kuwaiti Dinar (KWD), with an exchange rate of approximately 1 KWD = 3.26 USD. Its compact geography and strategic Gulf location allow it to efficiently manage infrastructure and economic policies that reinforce its currency strength.

The Oil Wealth Advantage

Kuwait's economic strength stems from its vast oil reserves, ranking among the top globally. The country has a crude oil production capacity of 3.2 million barrels per day. Oil exports constitute a significant portion of its GDP, contributing to a nominal GDP of $160 billion. This concentrated resource wealth provides a continuous inflow of foreign currency, supporting both the dinar and government spending.

Strategic Currency Pegging

The Kuwaiti Dinar's high value is maintained through a strategic peg to a basket of international currencies, rather than a single currency like the US Dollar. This approach allows Kuwait to manage its currency's value more effectively, insulating it from fluctuations in any single foreign currency. The peg also provides predictability for trade, investment, and international contracts.

 Fiscal Discipline and Sovereign Wealth Fund

Kuwait's government exercises fiscal discipline, with a low unemployment rate and moderate inflation. The country also manages a substantial sovereign wealth fund, the Kuwait Investment Authority, which invests globally, further bolstering its economic stability. These investments act as a buffer against oil market volatility and enhance the long-term strength of the dinar.

Limited Domestic Market

With a population of just over 5 million, Kuwait's domestic market is limited. However, this constraint is offset by its strategic location and strong trade relations, particularly in the oil sector, which drive economic growth and support the high value of its currency. The government also leverages free trade zones and international partnerships to expand its economic reach beyond domestic consumption.

 High GDP Per Capita

Kuwait's GDP per capita stands at approximately $32,000 (nominal) and $51,000 (purchasing power parity). These figures place Kuwait among the wealthiest nations globally, reflecting its economic prosperity and the strength of its currency. High per capita income allows for significant domestic savings and investment, which further stabilises the dinar.

Political Stability Amid Challenges

Despite facing political challenges, including parliamentary dissolutions, Kuwait maintains a relatively stable political environment compared to many of its regional counterparts. This stability contributes to investor confidence and supports the strength of the Kuwaiti Dinar. Strong institutions and consistent regulatory frameworks also encourage foreign capital inflows.

Diversification Efforts

Recognising the volatility of oil prices, Kuwait is actively pursuing economic diversification. Investments in sectors such as finance, real estate, and infrastructure aim to reduce dependency on oil revenues and ensure long-term economic stability. These initiatives also create employment opportunities and stimulate private-sector growth.

Kuwait's economic strength and strategic location enhance its influence in the Middle East. It plays a significant role in regional organisations and maintains strong diplomatic relations, further supporting the value of its currency. The country’s reputation for stability makes it a hub for regional banking, finance, and investment.

Comparison with India

In contrast, India's currency, the Indian Rupee (INR), is valued at approximately 1 USD = 87.9 INR in 2025. Factors such as a large population, trade deficits, and inflation contribute to the lower value of the INR compared to the Kuwaiti Dinar. While India’s economy is rapidly growing, structural challenges and fiscal pressures limit the rupee’s global strength. Kuwait's rise to having the world's most powerful currency is a testament to the effective management of its oil wealth, strategic fiscal policies, and efforts towards economic diversification.  link

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Tishwash:  Baghdad confirms its commitment to the economic and financial reform program

Prime Minister Saleh Mahoud Salman's advisor confirmed on Friday that the government is continuing to implement comprehensive strategic banking reforms, noting that the government is committed to continuing to implement the economic and financial reform program.

Mahoud said in a speech he delivered during his participation as a government representative in the banking reform conference organized by the Central Bank of Iraq in cooperation with the international consulting firm (Oliver and Ayman) at the Ritz Carlton Hotel in Washington, DC, on the sidelines of the meetings of the International Monetary Fund and the World Bank: "The government is committed to continuing to implement the economic and financial reform program aimed at enhancing the efficiency of the banking system and supporting sustainable development in the country."

He stressed that "the banking sector represents a fundamental pillar in the economic reform process," indicating that "the government is continuing to implement comprehensive strategic banking reforms in cooperation with the Central Bank of Iraq, aimed at raising banking standards and enhancing the competitiveness of the financial system."

He explained that "the government has prepared a three-year general budget for the first time, which allows for long-term financial planning, achieving stability in resource management, and enhancing the confidence of local and international investors."

In the context of diversifying revenues and reducing dependence on oil, he explained that "the government has achieved tangible progress in automating the customs system by implementing the United Nations (ASYCUDA) system, which has led to a clear increase in customs revenues in addition to a significant improvement in tax revenues"

Noting that "the government has implemented a program to restructure government banks (Al-Rafidain, Al-Rasheed, Industrial, and Agricultural) in cooperation with international consulting companies, With the aim of raising its efficiency and enhancing its ability to provide modern financial services.

He pointed out that "the government launched programs to expand the use of electronic payment and partnerships with financial technology companies, which contributed to raising the financial inclusion rate to more than 40% after it was less than 10% two years ago, which was praised by the World Bank and the International Monetary Fund," stressing "the government's support for small and medium enterprises by providing financing and resources to create new job opportunities and stimulate the local economy."

Salman stated that "the banking reforms currently being worked on constitute a turning point in the history of Iraq's economic development, and that the government is determined to support all local and international institutions working to develop the banking sector, as it is a pivotal part of the economic growth and financial stability plan."

He noted that "the government extended its appreciation to the Central Bank, banks, and international and local advisory teams working in this field".  link

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Tishwash:  Al-Sudani: We have achieved many accomplishments in less than 3 years and we aspire to more

Prime Minister Mohammed Shia Al-Sudani confirmed today, Wednesday, that his government has achieved many accomplishments in less than 3 years, pointing out that workers in the private sector are included in residential lands, in addition to granting them loans from banks.

The Prime Minister's media office said in a statement, received by Mail, that "Al-Sudani received a number of tribal sheikhs and dignitaries of Al-Mada'in district, southeast of the capital, Baghdad."".

According to the statement, Al-Sudani stressed his "keenness to meet our people from different governorates," noting that "the security and stability that Iraq is going through today has enabled the government to move with its efforts to services, reconstruction, and development, which is a right for Iraq and its people."".

He explained that "the country was exposed to wars and blockades, and suffered from terrorism after 2003, and this directly affected the general situation there," stressing that "Iraq paid a heavy price in order to achieve societal stability, and to support security that was achieved with the keenness of citizens, and the efforts of our security forces that impose their control today over the entire country."".

He added, "The government left a tangible impact on the citizen regarding what it accomplished in reconstruction and development projects throughout the country"".

The Prime Minister stressed: "In less than 3 years, we have achieved many accomplishments, and we aspire to achieve greater accomplishments."".

He added: "There are more than 2,538 projects that have been stalled for years. We have started implementing them and launched new projects in Baghdad and the governorates."".

He added: "We implemented infrastructure projects in the districts of Nahrawan, Al Wahda, Sabaa Al Bor and Abu Ghraib," noting that "the service effort projects provided a quick service and reduced the cost for more than 3 million citizens in various governorates."".

He added: "We have implemented 511 projects within the service effort projects in Baghdad and the governorates, and we are continuing to work to implement service projects."".

Al-Sudani went on to say: "We have full knowledge of the needs of the areas on the outskirts of Baghdad, and work is underway to provide all services, and we have focused on developing and rehabilitating the entrances to the capital, Baghdad," indicating that "the establishment of a 50-bed hospital in Al-Mada'in district will begin soon, in addition to completing Al-Nahrawan Hospital with a capacity of 200 beds."".

He pointed out that "youth constitute (60%) of society, and we were able to provide more than 500,000 jobs in the private sector"".

He stressed that "the worker in the private sector enjoys rights and privileges thanks to the Retirement and Social Security Law", stressing that "workers in the private sector have been included in residential lands, in addition to being granted loans from banks"".

He pointed out that "the government places the interests of Iraq and its people above all considerations, and we acted responsibly to avoid slipping into war, while maintaining our principled position on the Palestinian issue."".

He added: "Elections are everyone's commitment and responsibility, and broad participation in them means shaping the future of the country," adding that "choosing the most suitable and competent means continuing reform and work to achieve more accomplishments."" link

Mot:  Yawnnnnnn -- How Many - Sleeps!!!!!

Mot: This will be me if I ever start dating again. 

Seeds of Wisdom RV and Economics Updates Thursday Afternoon 10-16-25

Good Afternoon Dinar Recaps,

Tarnished Glory: BRICS and the Waning Aura of the U.S. Dollar

A Challenge to the Dollar’s Dominance

The U.S. dollar’s brand power — long seen as untouchable — is fading as the BRICS alliance reshapes the global financial landscape.

Currency strategist Marc Chandler acknowledged the shift bluntly:

“I’m not sure the dollar has lost its global standing. To me, the dollar’s brand has been tarnished.”

Developing nations are no longer accepting what they view as forced dependence on the dollar. Instead, they’re designing new systems to conduct trade in local currencies, gold, and regional instruments.

  ● BRICS members are expanding currency swap agreements to reduce exposure to the greenback.
  ● China and Russia now settle a growing share of energy trade in yuan and rubles.
  ● India and Brazil are testing digital settlement networks for regional trade.
  ● South Africa recently signed a gold-settlement framework with non-BRICS African partners.

Chandler noted that while many nations must still borrow or transact in U.S. dollars, they’re actively diversifying to lower their vulnerability to dollar fluctuations and U.S. sanctions.

From Monopoly to Multipolarity

The cracks in dollar dominance stem from mounting frustration with U.S. monetary power and foreign policy.

  ● Developing countries see dollar dependence as a tool of control, limiting their fiscal autonomy.
  ● Washington’s sanctions and interest rate cycles ripple across global markets, often hurting emerging economies first.
  ● In response, BRICS nations are crafting a parallel framework for trade, credit, and reserves.

This movement is not a sudden rebellion — it’s a methodical transition:
  ● New trade corridors bypass the SWIFT system through regional clearinghouses.
  ● Oil and commodities are increasingly priced in non-dollar currencies.
  ● Central banks are building gold and yuan reserves to anchor local markets.

The combined effect? The dollar is losing its psychological monopoly — not vanishing, but sharing space in a growing multi-currency world.

The Next Financial Epoch

The coming decade may see a fragmented global reserve structure, with multiple power centers instead of one.

  ● Regional trade blocs could issue digital tokens pegged to commodity baskets.
  ● AI-driven central banking systems may optimize cross-border settlements in real time.
  ● Sovereign digital currencies will erode the need for a single intermediary like the dollar.

One economist at the Bank for International Settlements summed up the shift succinctly:

“The dollar isn’t dying — it’s being redefined by a world that refuses to orbit one sun.”

Whether the United States adapts or resists, this restructuring will determine who writes the next chapter of global finance.

The Deeper Current

What’s unfolding isn’t just geopolitics — it’s a quiet rewriting of financial power:

  ● Nations are reclaiming control of their value systems.
  ● The architecture of trade, credit, and reserves is being rebuilt from the periphery inward.
  ● The global south is no longer a passive participant but an active designer of a new monetary order.

This moment marks the intersection of economics and evolution — where digital innovation, commodity security, and political independence converge.
It’s a shift from empire to ecosystem, from dominance to distributed power.

In short: This isn’t politics — it’s global finance restructuring before our eyes.
A quiet revolution declaring, “Out with the old, and in with the new.”

🌱 Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources & Further Reading

• Watcher.Guru – “BRICS Has Tarnished the US Dollar’s Brand Value, Admits Strategist”

• Reuters – “BRICS Seeks to Reduce Dollar Reliance with Local Currency Trade”

• Bloomberg – “Global South Accelerates Move Away from Dollar”

• Financial Times – “BRICS Currency Ambitions Challenge US Financial Dominance”

~~~~~~~~~

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Iraq Economic News and Points To Ponder Wednesday Evening 10-15-25

The Region Transfers 120 Billion Dinars Of Its Non-Oil Revenues To The Federal Government.

Economy | 03:45 - 10/15/2025  Mawazine News – Erbil  An informed source in the Kurdistan Regional Government revealed on Wednesday that 120 billion dinars of non-oil revenues have been transferred to the federal government in Baghdad.

The source said, "The Kurdistan Regional Council of Ministers approved during its last meeting the transfer of 120 billion dinars of non-oil revenues collected during the recent period to the federal Ministry of Finance," indicating that "the step comes within the framework of the ongoing understandings between Erbil and Baghdad regarding the settlement of financial files and the regulation of public revenues."

The source indicated that the decision came after a series of joint meetings between the Ministries of Finance in Baghdad and Erbil over the past months, focusing on the mechanisms for disbursing non-oil revenues and implementing the provisions of the Federal Budget Law for 2025, which stipulates that the region is committed to transferring a specific percentage of its revenues in exchange for securing the salaries of its employees. https://www.mawazin.net/Details.aspx?jimare=268507

Tax Reform Is Yielding Results In Increased Non-Oil Revenues For The State Treasury.

Money and Business  Economy News – Baghdad  Non-oil tax revenues increased to 3.07 trillion dinars in 2023, 3.87 trillion dinars in 2024, and 1.155 trillion dinars in the first half of 2025, benefiting the state treasury.

These measures included expanding the tax base, introducing new activities under the income tax, adopting modern electronic automation and payment systems, and activating exemptions for productive sectors.

The government adopted an economic approach based on maximizing non-oil resources and strengthening the development economy, emphasizing "the importance of tax as a primary economic resource for the public treasury."
In this context, a broad package of tax reform measures was launched.

This package included Cabinet Resolution No. (24074), which stipulates expanding the tax base, subjecting new activities to income tax, subjecting e-application companies to tax, and introducing a sales system for premium and first-class restaurants and hotels, with the tax amount being collected and the taxpayer being discharged directly.

Key measures and important decisions included establishing tax accounting mechanisms with foreign oil companies, mixed-sector companies, and private universities; submitting a draft new Income Tax Law to replace the amended and effective Law No. 113 of 1982; establishing a tax inquiry platform; and moving toward fully automating the General Tax Authority's work through a comprehensive tax system in cooperation with major e-commerce companies.

Reforms also included adopting a self-assessment and subsequent audit mechanism, launching an electronic payment service at the Authority and its branches, and activating tax exemptions for productive agricultural lands, poultry farms, and hatcheries.

The  tax reform also included the Prime Minister's sponsorship of the "Tax Reform Conference," which emphasized studying tax evasion and enhancing a business-friendly tax environment, in addition to tax accounting for extractive companies within licensing rounds.

A wide range of double taxation avoidance agreements was signed with governments of friendly countries.

In the same context, the Prime Minister sponsored the "Tax Conference for Economic Development and Revitalizing the Investment Environment," which concluded with recommendations emphasizing the need not to impose tax increases that would negatively impact the business environment.    https://economy-news.net/content.php?id=61176

Trump Sends A Letter To The President Of The Republic

Political | 04:27 - 10/15/2025  Mawazine News - Follow-up  US President Donald Trump congratulated Iraq on its National Day on Wednesday, affirming the United States' firm commitment to the strategic partnership with Iraq and joint cooperation.

The Presidency of the Republic stated in a statement received by Mawazine News that "President of the Republic Abdul Latif Jamal Rashid received a congratulatory message from US President Donald Trump on the occasion of the 93rd anniversary of Iraq's National Day."

In his message, President Trump affirmed "the United States' firm commitment to the strategic partnership with Iraq and joint cooperation in all fields in a way that enhances regional stability."

The following is the text of the message:

“Greetings, Your Excellency the President.

We and the people of the United States of America are pleased to extend our sincere congratulations and blessings to you, the government and people, on the occasion of the (93)th Iraqi National Day.

This year has been marked by remarkable achievements that highlight Iraq’s resilience and growing leadership in the region. The successful hosting of the Arab League Summit in Baghdad highlighted Iraq’s ability to enhance dialogue and cooperation among neighboring countries. The visit of the US-Iraq Business Council in April confirmed the strength of our shared economic partnership.

The United States demonstrates its steadfast commitment to the strategic partnership with Iraq. Together, we have worked to promote regional stability, enhance energy security, and maintain pressure to prevent the return of ISIS.

We look forward to continuing our cooperation on shared priorities and building on the momentum of our economic successes.  We wish you and all Iraqis a happy holiday and a year filled with peace, progress, and prosperity.

Sincerely ,  President Donald J. Trump.”      https://www.mawazin.net/Details.aspx?jimare=268510

Central Bank: 5 Iraqi Banks Will Leave The Market And Close Their Doors.

Economy | 10/15/2025  Mawazine News - Baghdad -  The Central Bank of Iraq revealed on Wednesday that five Iraqi banks are close to exiting the market in the coming period, after failing to comply with the comprehensive review standards imposed by the Central Bank on banks.

Deputy Governor of the Central Bank, Amer Al-Ithawi, said that the restructuring process for private banks in Iraq included three paths: remaining in the market by adhering to the standards, merging, or exiting the market, according to Bloomberg.
He added, "Most private banks in Iraq have adhered to the first and second paths, whether continuing alone while adhering to these standards, or merging with other banks. However, a small number of them have chosen to leave voluntarily, a small minority not exceeding five banks."

He explained that "the standards that banks operating in Iraq must meet are strict and clear, and banks that are unable to comply with them will be ineligible to be included in the Iraqi banking sector." https://www.mawazin.net/Details.aspx?jimare=268491 

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

DRP to Create 16 Million New Jobs in Iraq

DRP to Create 16 Million New Jobs in Iraq

Edu Matrix: 10-10-2025

Iraq stands on the cusp of a monumental transformation. A recent insightful video from Sandy Ingram of Edu Matrix shed light on one of the most ambitious infrastructure initiatives in the country’s recent history: the Development Road Project (DRP).

More than just a transportation route, the DRP is poised to fundamentally reshape Iraq’s economic landscape over the next three decades, promising a future of unprecedented growth and global integration.

This holistic approach underscores the DRP’s ambition: to create not just a path for goods, but a vibrant ecosystem for commerce, innovation, and urban development.

Crucially, all technical and economic studies for the Development Road Project are now complete, marking a significant transition from planning to the execution phase. The next critical step involves an international ministerial meeting, where Iraq will present its findings and actively seek to attract global partner countries and investment.

Following this formal approval, Iraq plans to launch a worldwide campaign to draw in investors. Interest is already keen, with the European Union and neighboring countries expressing significant enthusiasm for participating in this transformative venture.

The operational launch of the DRP is strategically tied to the completion of the Grand Fault Port, which is set to become a key logistical hub, further enhancing Iraq’s role in regional and international trade.

While official plans regarding adjustments to the Iraqi dinar (IQD) remain speculative, the project’s success is widely anticipated to catalyze significant economic revitalization. The expected reduction in unemployment and robust GDP growth resulting from the DRP’s success strongly suggest that fundamental economic improvements could lead to substantial changes in currency valuation over time.

The Development Road Project is more than just infrastructure; it signifies Iraq’s bold and unequivocal move towards deeper global economic integration and a future defined by long-term prosperity. It’s a testament to the nation’s renewed ambition and its commitment to building a resilient, diversified economy.

For a deeper dive into this transformative initiative and its profound implications, be sure to watch the full video from Edu Matrix. The journey to a new economic era for Iraq has officially begun.

https://youtu.be/EzAKpu8ebjw

“Tidbits From TNT” Wednesday Morning 10-8-2025

TNT:

Tishwash:  World Bank: Iraq’s Economy to Lead Arab Region in 2026 with 6.7% Growth

According to the World Bank, Iraq’s economy is expected to record the highest growth rate among Arab countries in 2026, reaching 6.7 percent.

The World Bank said Tuesday that the strong projection marks a significant improvement compared to June 2025 forecasts. The growth is driven by energy sector recovery, increased oil exports, and government efforts to boost infrastructure investment and diversify revenue sources.

"This forecast is a positive indicator of Iraq’s economic recovery and renewal of activities amid global and regional challenges,” the report stated.

Djibouti ranked second with an expected growth of 6.1 percent, followed by Qatar (5.3%), Palestine (5.1%), and the UAE (5%). Saudi Arabia is projected to grow by 4.3 percent, while Egypt and Morocco each record 4.2 percent. Lebanon, Oman, and Libya range between 3.5 and 3.6 percent.

Algeria, Bahrain, and Kuwait are expected to post growth rates between 2.5 and 3.1 percent, while Jordan and Tunisia remain below 2.7 percent, and Yemen’s growth is projected to stay flat at 2.5 percent.  link

Tishwash:  Securities announces the acceptance of foreign investors to trade in the Iraqi market

The Securities Commission announced today, Tuesday, the acceptance of foreign investors to trade in the Iraqi market, while indicating that it contributed to providing a grant of four billion dinars to the Iraqi markets.

The Chairman of the Securities Commission, Faisal Lahims, told the Iraqi News Agency (INA): "The Commission has achieved influential accomplishments in the Iraqi economy, including regulating the work of unlicensed brokerage companies in trading in the financial markets outside the Iraqi Financial Authority. We have worked to correct this situation, and now we are in the process of licensing responsible companies by the Commission to undertake this task."

He added, "The Authority has achieved accomplishments in keeping pace with the digital development in trading on the Iraqi Stock Exchange, and participating in an exchange platform with the Abu Dhabi Stock Exchange, which will introduce us to ten new markets, in addition to accepting investors from these markets to trade on the Iraqi Stock Exchange," indicating that "the Authority was able to provide government support to the Iraqi financial markets by overcoming difficulties by developing the trading system and providing them with a grant of four billion Iraqi dinars."  link

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Tishwash: The Iraq Development Fund signs memorandums of understanding with (4) major countries

The Iraq Development Fund announced today, Tuesday, the signing of memorandums of understanding with 4 major countries, indicating that Japan's aid to Iraq amounts to billions due to its importance to it.

The Executive Director of the Iraq Fund for Development, Mohammed Al-Najjar, said in a statement to the Iraqi News Agency (INA): "The Iraq Fund for Development is open to all countries of the world, and we have several memoranda of understanding with a number of countries, including three memoranda of understanding with the French side, two memoranda with Britain, two memoranda with America, in addition to memoranda of understanding with Japan."

He pointed out that "the interest in the memorandum of understanding with Japan is that they show importance in their presence in Iraq because there is billions in aid to Iraq and since the eighties they have supported Iraq and Iraq was the most important country for Japan."

He explained that "the memoranda of understanding with Britain have been signed, and the French memoranda will be signed soon, as the memorandum includes a water project and another project to recycle sewage water and convert it into irrigation water, and this reduces the momentum for Iraq in water scarcity. As for the third memorandum, it came about the use of Shatt al-Arab water cleaning stations, and these are ready projects and will be quickly signed."  link

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Tishwash: Al-Sudani confirms the continuation of financial and banking reform.

 As part of its efforts to enhance transparency, consolidate governance, and enhance the credibility of state institutions before the international community, the government, headed by Prime Minister Mohammed Shia al-Sudani, continues to implement comprehensive reforms based on applying best financial and administrative practices, combating corruption, and ensuring compliance with laws and regulations, contributing to building a modern national economy.

In this context, the Prime Minister received a delegation from KPMG, a global auditing and financial consulting firm, yesterday, Tuesday. They reviewed existing cooperation with the Iraqi banking sector, ways to support transparency, and enhance the country's financial reputation internationally.

Al-Sudani emphasized that banking reform has become a model of commitment and trust, praising the pivotal role of financial audit firms in consolidating governance and professionalism. He emphasized the importance of leveraging the company's expertise in restructuring government companies and raising their operational efficiency, managing public debt, and drafting contracts for major strategic projects.

He also affirmed the government's support for the Central Bank and the Trade Bank of Iraq to ensure the rapid completion of audit tasks in accordance with international standards and the timetable for issuing banks' final accounts.

Regarding administrative reform, the Prime Minister chaired the 40th regular session of the Council, during which he discussed the general situation and took the necessary decisions. In light of the unified report on violations of Law No. 28 of 2019 on the Cancellation of Financial Privileges for Officials, Al-Sudani directed all government agencies to comply with the law and return any excess vehicles or protection within seven days, while referring those who refrain from doing so to the Integrity Commission to ensure the protection of public funds and promote a culture of accountability.

The Council also voted to appoint (15) general managers in various government departments, while it decided to dismiss the Director of the Investments and Contracts Department at the Ministry of Electricity and transfer him to a lower level, based on performance evaluation. These decisions reflect the government's keenness to achieve administrative reform, enhance efficiency, and link responsibility to accountability, in line with the comprehensive objectives of the government's program for economic and financial reform. link

Mot: . Working out it is !!!!!  

Mot: This Seasoning Thing!!! ---ggeeeshshshshhhhh