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Seeds of Wisdom RV and Economics Updates Sunday Morning 10-5-25

Good Morning Dinar Recaps,

U.S. Government Shutdown: Domestic Fallout and Global Ripples
The 2025 government shutdown is exposing cracks in the U.S. financial system — and the ripple effects are spreading across global markets.

Domestic Disruptions: The Shutdown’s Toll on Americans

Good Morning Dinar Recaps,

U.S. Government Shutdown: Domestic Fallout and Global Ripples
The 2025 government shutdown is exposing cracks in the U.S. financial system — and the ripple effects are spreading across global markets.

Domestic Disruptions: The Shutdown’s Toll on Americans

  ● Federal Operations Halted — The U.S. government officially shut down at 12:01 a.m. on October 1, 2025, after Congress failed to pass a budget, forcing over 800,000 federal employees into furlough or unpaid work.

  ● Critical Services Impacted — While Social Security and Medicare continue under mandatory funding, discretionary programs, public lands, and grant programs face suspension.

  ● National Parks and Infrastructure — About 9,300 of 14,500 park employees have been furloughed, leaving visitor services and maintenance stranded. Federal housing markets around D.C. are seeing ripple effects as unpaid workers cut back or list properties.

  ● Economic Hit — The White House estimates up to $15 billion lost per week, with unemployment expected to climb by 43,000 in a single month of disruption.

  ● Credit Rating Risk — European rating agency Scope warned that fiscal dysfunction could strain the U.S. credit outlook, adding uncertainty to global bond markets.

Economic Strain & Domestic Uncertainty

  ● Stalled Programs and Delayed Spending — From DOJ domestic violence grants to small business loans, federal funding halts are rippling through states and private contractors.

  ● Market Jitters — While Wall Street has priced in temporary disruptions, prolonged paralysis could dampen consumer sentiment, federal investment, and GDP growth.

  ● Structural Warning Sign — Analysts note that every week of shutdown trims roughly 0.1 percentage point from quarterly growth — a warning sign for an economy already absorbing inflation pressures and global headwinds.

Global Ramifications: Financial Reverberations Beyond Washington

  ● European Exposure — Analysts estimate that a two-week U.S. shutdown could cost the EU €4 billion in lost activity; an eight-week standoff could stretch that loss to €16 billion.

  ● Investor Confidence and Market Volatility — The shutdown adds a destabilizing variable to already uncertain global conditions — especially for nations reliant on U.S. liquidity and dollar flows.

  ● Sovereign Credibility Under Scrutiny — Prolonged political gridlock undermines confidence in U.S. fiscal reliability, raising bond yields and widening sovereign risk spreads across emerging markets.

  ● Data Delays and Policy Blindspots — Economic reports such as jobs data, retail spending, and manufacturing indices face delays, leaving central banks and investors operating in the dark.

Why This Matters

The U.S. shutdown highlights how fragile the world’s most watched economy has become. While shutdowns are historically short-lived, this one unfolds amid rising debt, inflation persistence, and political brinkmanship — all undermining confidence in the U.S. dollar’s stewardship role.

If Washington cannot stabilize its fiscal governance, other powers — from BRICS to the EU — may accelerate parallel systems less dependent on the dollar.

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

@ Newshounds News™ Exclusive

Sources:
• The Guardian – U.S. National Parks Impact
• Politico – U.S. GDP Loss Projections
• Reuters – U.S. Credit Rating Warning
• Euronews – Europe’s Economic Exposure
• Atlantic Council – Shutdown Economic Implications
• ABC News – Expert Growth Analysis

~~~~~~~~~

Geopolitical Shifts Reshape the Global Order: New Alliances, New Systems

From defense compacts to digital finance, nations are redrawing the architecture of global power.

China’s Institutional Challenge to the West

  ● In a major UN address, China unveiled its Global Governance Initiative, directly criticizing U.S. unilateralism and calling for a more “balanced multipolar order.” 
  ● Beijing is now forming AI alliances and unified tech standards, aiming to cut reliance on U.S. technology and strengthen domestic sovereignty. 
  ● This represents institutional competition at scale — not just economic rivalry but a bid to control the frameworks that define trade, technology, and governance.

“Whoever writes the rules of digital infrastructure, writes the future of global finance.”

The Expanding Frontier: Space as the New Strategic Arena

  ● The U.S. and France have expanded joint satellite and surveillance programs to counter China’s growing orbital presence.
  ● These partnerships mark a shift from competition on Earth to rivalry over data, communications, and orbital security — areas critical to digital banking and global transaction networks.
  ● Control of space infrastructure increasingly equates to control of real-time global information flow, directly linking defense dominance with financial and technological supremacy.

Trade Realignment: The Fragmentation of Global Supply Chains

  ● Facing escalating U.S. tariffs and trade disruptions, Europe and Asia are building alternative alliances to safeguard energy and industrial stability. 
  ● This shift signals a clear trend: regional self-sufficiency is replacing global interdependence.
  ● Countries are hedging against U.S. policy volatility and exploring non-dollar trade corridors, aligning directly with BRICS strategies of localized payment systems and commodity-backed trade.

Defense & Security: New Blocs on the Rise

  ● Pakistan and Saudi Arabia’s Strategic Mutual Defense Agreement formalized joint military cooperation, marking a major pivot toward Middle Eastern defense autonomy. 
  ● Similarly, Albania, Croatia, and Kosovo signed a defense pact, deepening Balkan coordination in response to NATO realignments. 
  ● At the 2025 Hague Summit, NATO members pledged to raise defense spending to 5% of GDP by 2035, fundamentally reshaping budget priorities and geopolitical leverage.

Academic Models Confirm: Politics Now Drives Economics

  ● A recent Arxiv study found a strong correlation between geopolitical alignment and trade volume — meaning politics now determines economic flow. 
  ● Another report shows countries are building alternative financial ecosystems — bypassing SWIFT and testing regionally governed digital payment networks. 
  ● Together, these findings confirm a structural decoupling of the global economy — where financial integration follows political allegiance.

Why This Matters / Key Takeaway

The evidence is unmistakable:
We are witnessing the realignment of power across every axis — trade, defense, technology, and finance.

  ● Old institutions are fracturing under political and economic strain.
  ● New blocs and systems — from BRICS Pay to regional defense pacts — are emerging to fill the void.
  ● This is not fragmentation by accident, but restructuring by design — an intentional reordering of who governs global rules and resources.

As nations pivot toward sovereignty and multipolar stability, one truth echoes across every capital:
Out with the Old, In with the New.

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

@ Newshounds News™ Exclusive

Sources:
• AP News – China’s Global Governance Initiative
• Tom’s Hardware – China Forms AI Alliances to Cut U.S. Tech Reliance
• Reuters – U.S.-France Satellite Cooperation
• Reuters – Trade Alliances in Response to Tariffs
• Wikipedia – Defense Pacts and Spending Agreements
• Arxiv – Global Trade and Political Alignment Studies

~~~~~~~~~

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“Tidbits From TNT” Sunday Morning 10-5-2025

TNT:

Tishwash:  Parliament postpones the 2025 budget law until after the elections.

Parliamentary Services Committee member Baqir al-Saadi confirmed on Saturday that one of the most important laws yet to be passed is the 2025 budget schedules law. He explained that this law is on hold until after the elections because the government has not sent it to the House of Representatives.

Al-Saadi told Al Furat News Agency, "The House of Representatives is expected to hold a single session this week to approve a set of laws, after which the electoral race will begin." 

TNT:

Tishwash:  Parliament postpones the 2025 budget law until after the elections.

Parliamentary Services Committee member Baqir al-Saadi confirmed on Saturday that one of the most important laws yet to be passed is the 2025 budget schedules law. He explained that this law is on hold until after the elections because the government has not sent it to the House of Representatives.

Al-Saadi told Al Furat News Agency, "The House of Representatives is expected to hold a single session this week to approve a set of laws, after which the electoral race will begin."  link

Tishwash:  The Iraqi parliament will not be in session until the elections. What are the reasons?

An Iraqi parliamentarian revealed the existence of a political will aimed at continuing to disrupt parliamentary sessions until the next parliamentary elections. Meanwhile, a researcher pointed to political calculations obstructing legislative work.

 MP Yasser Al-Husseini said in an interview with the "Al-Jabal" platform on Saturday, October 4, 2025, that "the inability of the House of Representatives to hold its sessions during the current period is due to the lack of political will and the intention to keep Parliament paralyzed until it is dissolved as the election date approaches."

 The MP stated that "the deliberate disruption of sessions is not due to technical or procedural reasons, but rather to hidden political agreements that seek to keep the parliament paralyzed, depriving citizens of the parliament's oversight and legislative role at a time when important decisions are required."

He added that "there are political forces that see the continued disruption of parliament as an opportunity to pass the time until the next elections, with the aim of avoiding the constitutional and oversight obligations imposed by this stage. This behavior contradicts the principles of democracy and undermines the public's confidence in elected institutions."

 The Iraqi parliament was scheduled to hold a parliamentary session last Wednesday to discuss and vote on 11 draft laws and proposals. However, the lack of a quorum prevented the session from convening for the third time in as many days.

 "Political calculations"

 For his part, political affairs researcher Riyadh Al-Wahili agreed with the parliamentarian's position, saying in a separate interview with Al-Jabal that "Parliament is facing a clear paralysis in holding its sessions, not as a result of technical or procedural circumstances, but rather due to the political will and premeditated intent of some influential forces.

There is a clear tendency to disrupt parliamentary work and leave Parliament in a state of stagnation until it is officially dissolved as the electoral deadline approaches."

 Al-Wahili explained that "this obstruction reflects narrow political calculations aimed at exploiting the legislative vacuum for electoral gains, rather than adhering to Parliament's constitutional role of oversight and legislation."

 According to him, "the continuation of this situation could open the door to further political crises, as the absence of parliamentary sessions means the absence of crucial decisions that affect people's daily lives, in addition to the suspension of necessary legislation to keep pace with the current situation."

 The political affairs researcher concluded his remarks by noting that "if political will remains bound by electoral calculations, Parliament will lose its justification for existence and will remain mired in obstruction until the next elections finally decide its fate.  link

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

Tishwash:  Iraq's gold reserves surge to 163 tons: PM advisor

Iraq’s gold reserves have increased by about 10 tons, but its foreign currency reserves are down, an advisor to the prime minister told Rudaw on Saturday.

Iraq's gold reserves have "increased significantly from 152.6 tons" last October to "163 tons" today, said Mazhar Mohammed Salih, an economic advisor to Prime Minister Mohammed Shia' al-Sudani.

Iraq holds the 29th largest gold reserves globally and the fourth largest in the Arab world, according to the World Gold Council.

"Having these reserves indicates Iraq's strong financial and economic stability," Salih said, adding that Baghdad's abundant reserves "could lead to encouraging foreign investment and securing a lasting economic infrastructure for our country."

Foreign currency reserves, however, stood at "around $100 billion, down by eight billion dollars compared with October last year," he said.

Iraq's foreign currency reserves consist of the US dollar, euro, Japanese yen, Chinese yuan, and the British pound.

Iraq's economy has shown signs of stabilization in 2025, with inflation dropping by 21 percent and gold reserves seeing a significant increase, according to a July report from the Central Bank of Iraq. The country is, however, grappling with a persistent budget deficit.  link

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

Tishwash:  Iran removes four zeros from its currency

Iran's Islamic Consultative Assembly voted on Sunday to remove four zeros from the currency, through a bill amending the Monetary and Banking Law.

The bill stipulates converting every 10,000 current Iranian rials into one new rial, while retaining the name "rial" as the country's official currency.

The move aims to simplify financial transactions and mitigate the effects of the severe inflation that Iran has been suffering from for years.

It is noteworthy that the law removing zeros also requires the approval of the Guardian Council before it comes into effect.

This move comes after years of inflation and the deterioration of the rial's value against foreign currencies due to economic sanctions, with the US dollar now worth more than 900,000 rials on the parallel market.  link

Mot: . Amazing How the Daze Go By Now!!! 

Mot: I Say To YOU -- What is the Number One ""Weekend Rule"" 

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Seeds of Wisdom RV and Economics Updates Saturday Afternoon 10-4-25

Good Afternoon Dinar Recaps,

BRICS Dollar Devaluation Advances With New Payment Systems

As BRICS nations build their own financial rails and lean on gold, the dollar’s grip is under direct challenge.

Good Afternoon Dinar Recaps,

BRICS Dollar Devaluation Advances With New Payment Systems

As BRICS nations build their own financial rails and lean on gold, the dollar’s grip is under direct challenge.

Payment Infrastructure: Building Alternatives to SWIFT

  ● At the Rio summit, BRICS leaders discussed a guarantee fund to undergird BRICS Pay, intended for local currency settlement without resort to Western banking networks. 
  ● The bloc is shifting focus from grand unified currency schemes to interoperable payment systems and national rails, per analysts at GIS Reports. 
  ● BRICS Pay is a decentralized messaging mechanism where member nations route payments via local currency systems
  ● While technical and regulatory gaps remain, prototypes and pilot links (e.g. between SPFS, CIPS, UPI, Pix) are being tested to bypass SWIFT. 

Gold & Local Currency Strategy: Anchors for De-Dollarization

  ● BRICS nations now hold over 6,000 tons of gold — about 20-21% of global central bank reserves. Russia and China together control nearly three-quarters of that total.
  ● This accumulation acts as a hedge and backing for alternative currency initiatives and reduces exposure to dollar volatility. 
  ● Trade among BRICS states increasingly uses settlement in national currencies, reducing the need for dollar liquidity and hedging. 

Competing Views, Internal Tensions & Rebalancing

  ● Some analysts argue BRICS is pulling back from aggressive de-dollarization, focusing instead on gradual shifts in trade settlement. 
  ● Indian officials maintain that while BRICS jointly explores alternatives, they have no intention to undermine the U.S. dollar outright. 
  ● Political pressure from the U.S. — including threats of tariffs — adds complexity. Russia has responded by distinguishing between a settlement system and a new currency, signaling continued work despite external pressure. 
  ● Diverse economic structures, regulatory standards, currency convertibility, and trust among states pose serious technical and institutional hurdles to full integration.

The Shift: Out With the Old, In With the New

  • Traditional dollar-based networks and financial dominance are being contested

  • BRICS is investing in alternative rails, backed by tangible assets and local currency trade

  • Power over payment systems, reserve strategies, and settlement becomes a core battlefield

In effect, we are witnessing a structural reconfiguration of global finance, where decentralized, sovereign-controlled systems are replacing old hierarchies.

Why This Matters / Key Takeaway

BRICS’ push for dollar-free payment systems and gold-backed safeguards is not just incremental — it’s rearchitecting how trade, credit, and capital move globally. As dollar dependency weakens, new centers of financial gravity emerge.

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

@ Newshounds News™ Exclusive

Sources & Further Reading

  • Watcher.Guru – BRICS Dollar Devaluation Advances With New Payment Systems Watcher Guru

  • GIS Reports – BRICS making incremental progress in dollar-free trade GIS Reports

  • InvestingNews – How Would a New BRICS Currency Affect the U.S. Dollar? Investing News Network (INN)

  • Wikipedia – BRICS Pay Wikipedia

  • Reuters / news – India says BRICS have no interest in weakening USD Reuters

  • Reuters / news – Russia says threats won’t stop BRICS payment work Reuters

  • The Guardian – Putin calls for alternative payment system at BRICS summit The Guardian


~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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“Tidbits From TNT” Saturday 10-4-2025

TNT:

Tishwash:  The Prime Minister directs that Iraqi National Day celebrations continue for a week.

 Prime Minister Mohammed Shia Al-Sudani directed, today, Friday (October 3, 2025), to continue the celebrations of the Iraqi National Day for a week.

Al-Sudani's media office stated in a statement received by Baghdad Today that "the latter directed all relevant ministries, institutions, and departments to continue the celebrations of Iraqi National Day for a week, in honor of this important occasion, in order to consolidate the great meanings embodied in it in the souls of our Iraqi people." 

TNT:

Tishwash:  The Prime Minister directs that Iraqi National Day celebrations continue for a week.

 Prime Minister Mohammed Shia Al-Sudani directed, today, Friday (October 3, 2025), to continue the celebrations of the Iraqi National Day for a week.

Al-Sudani's media office stated in a statement received by Baghdad Today that "the latter directed all relevant ministries, institutions, and departments to continue the celebrations of Iraqi National Day for a week, in honor of this important occasion, in order to consolidate the great meanings embodied in it in the souls of our Iraqi people."  link

Cutebwoy: : Iraq celebrates National Day with parades, marathon, and cultural events

2025-10-03 02:55   Shafaq News – Baghdad

Iraqis are celebrating their National Day on Friday, October 3, marking 93 years since the country gained independence from the British mandate and became the first Arab state to join the League of Nations in 1932.

The date, chosen as Iraq’s official holiday in 2020, recalls the League’s approval of Iraq’s membership, which recognized the new state as sovereign and capable of governing its own affairs.

pic

Prime Minister Nuri al-Said submitted the request that year, ushering Iraq out of mandate rule and into the international community.

While some Iraqis have proposed other milestones—such as the 1958 founding of the republic, the 2003 fall of Saddam Hussein’s regime, or the 2014 call to arms against ISIS—October 3 has become the most widely accepted symbol of independence and international recognition.

This year, celebrations stretch across the country and beyond. In Baghdad, the Ministry of Defense prepared an aerial parade by the Air Force and Army Aviation, alongside a 21-gun salute at dawn. Military officials said the events reflect pride in sovereignty and unity, encouraging citizens to share in the festivities.

The capital also hosted a National Day marathon under the slogan “One Flag, One Homeland,” with free participation open to the public. Athletes from seven provinces joined the race, which carried a total prize fund of 15 million dinars. Organizers provided uniforms, participant numbers, and facilities to accommodate runners, turning the event into a festival of sport and community.

Beyond official ceremonies, ministries, provinces, and Iraqi embassies abroad are holding cultural and social events.

In a message marking the occasion, Prime Minister Mohammed Shia al-Sudani extended his “sincere congratulations and heartfelt blessings” to all Iraqis, describing October 3 as the day that embodied the modern Iraqi state and its historic, civilizational, and cultural presence. He emphasized his government’s commitment to safeguarding the constitution, protecting resources, strengthening the economy, and securing Iraq’s rightful place regionally and internationally.

Opinion & AnalysisBreakingIraq National Day

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

Tishwash:  Iraq: A Promising Economic Destination for Arab and Foreign Investment

 Iraq is currently witnessing a qualitative shift in its economic development, making it an attractive environment for investors from around the world.

Participants in investment forums emphasized that Iraq has become a preferred destination for companies and businessmen, given its significant economic and tourism potential, coupled with government efforts to create a favorable investment climate.

This comes at a time when trade with neighboring countries has reached record levels, amid a growing willingness by international companies to enter the Iraqi market and contribute to development projects.

In this context, Chairman of the Turkish-Iraqi Business Council, Khaled Akar, told the Iraqi News Agency (INA), "The volume of trade exchange between Iraq and Turkey has reached $16 billion, and we are seeking to increase it to $30 billion." He indicated that "Iraq's accession to the World Trade Organization will contribute to developing the volume of trade domestically and internationally, and will enable Turkish companies to contribute to the growth and development of Iraqi trade."

He added, "Turkish businessmen are ready to contribute to supporting development in the construction, health, digitalization, and other sectors," noting that "40 Turkish businessmen participated in the Iraq Investment Forum." 

For his part, Faisal Al-Jarba, a member of the Iraqi-Saudi Business Council, told (INA), "The investment forum held in Baghdad was important and successful, as we witnessed clear satisfaction among Arab investors, as well as investors coming from East Asia and several other countries."

He added that "a large number of influential businessmen in the Kingdom of Saudi Arabia participated in this forum, which means that Iraq has become an important destination and a clear choice for investors." He noted that "the Iraqi government is serious about its work to combat corruption and confront anyone who attempts to seize state property or exploit its authority, and this bodes well."

He expressed his "hope that the Iraqi economy and Iraqi businessmen will receive the status they deserve, and that they will play a fundamental and effective role in building their country, in cooperation with other countries and investors from around the world."

In turn, Nasser Al-Noubis, Chairman of the Rotana International Group, confirmed to (INA), "Iraq is a promising country with great potential in the tourism sector. Today, it needs more than thirty thousand hotel rooms, while the available rooms are still insufficient."

He explained that "the more infrastructure develops, whether through the construction of hotels or facilitating investment and entry procedures into the country, the more opportunities will be to attract investors and encourage tourists to come to Iraq."

He pointed out that "Iraq is a great and civilized country, with diverse tourist attractions, especially the religious sites in Karbala, Najaf, and Kadhimiya, which attract visitors from all over the world."

He continued, "We began investing in Iraq more than 12 years ago, opening in Erbil, then Sulaymaniyah. Today, we are present in Baghdad and have also begun operations in Karbala. We look forward to expanding across all governorates, given the broad prospects for growth in Iraq's tourism sector."   link

Mot:  I Used to Think This Was Funny!!!  

Mot: Only in Oregon!!!!  

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Iraq Economic News and Points To Ponder Saturday Morning  10-4-25

Oct 4

Prime Minister: Iraq Is Moving Towards Full Independence And Preserving Its National Unity.

Buratha News Agency 10 3 2025  Prime Minister Mohammed Shia al-Sudani affirmed today, Friday (October 3, 2025), that Iraq is moving towards full independence and preserving its national unity.

"We extend our sincere congratulations and best wishes to all Iraqis on the occasion of Iraqi National Day, which falls on October 3 of each year, marking the 93rd anniversary of our country's membership in the highest international body recognized by all countries and peoples of the world," Al-Sudani said in a statement.

Prime Minister: Iraq Is Moving Towards Full Independence And Preserving Its National Unity.

Buratha News Agency 10 3 2025  Prime Minister Mohammed Shia al-Sudani affirmed today, Friday (October 3, 2025), that Iraq is moving towards full independence and preserving its national unity.

"We extend our sincere congratulations and best wishes to all Iraqis on the occasion of Iraqi National Day, which falls on October 3 of each year, marking the 93rd anniversary of our country's membership in the highest international body recognized by all countries and peoples of the world," Al-Sudani said in a statement.

Al-Sudani explained, "This day embodies the entity of the modern Iraqi state, and all that its contemporary existence carries in terms of historical, civilizational, and cultural meanings for our beloved Iraq, and for our noble people with all their fraternal spectrums, and with all their deep historical reach and what they have offered to humanity on its journey towards civilization, that journey that began in the land between the two rivers."

He added, "Throughout their modern history, Iraqis have faced many challenges and struggles, both during the early days of the founding of the present Iraqi state and during their fight against dictatorship," noting that "they have offered hundreds of thousands of martyrs along the way so that Iraq may attain its independence and full sovereignty."

Al-Sudani pointed out that "since we assumed our executive duties as Prime Minister, we have been keen to protect Iraq and its constitution, preserve its sovereignty, protect its wealth, and achieve prosperity and economic strength for our people.

We have also worked diligently and sincerely to ensure that Iraq is placed first in our endeavors and efforts, and that it takes its rightful place regionally and internationally."

He continued: "Glory to Iraq and its people, and mercy and blessings to all our martyrs on the path to Iraq's freedom, independence, and sovereignty."   https://burathanews.com/arabic/news/466007

Source: Jordan Investment Bank Close To Managing Iraqi Gulf Commercial Bank
  
September 29, 2025 Al-Mustaqilla/- Exclusive sources revealed to Al-Mustaqilla a remarkable investment move   linking the Jordanian banking sector   with its Iraqi counterpart.
 
Information indicates that the   Arab Jordan Investment Bank      is preparing to enter into a strategic partnership with the  IraqGulf Commercial Bank   in the near future.
 
According to the source, the first phase of this partnership will see the  management of the Gulf Commercial Bank  assumed by an administrative team and  financial experts from the Arab Jordan Investment Bank, within a specific timeframe aimed at   strengthening the administrative and financial structure  of the Iraqi bank.
 
According to the preliminary agreement, this phase will extend for approximately two full years, during which the   focus will be on developing banking systems,   enhancing the efficiency of financial services, and   attracting new capital to support the bank's activities in the Iraqi market.

The source indicated that   this step represents the first stage toward a potential acquisition, as the undisclosed agreement includes a clause   allowing the Arab Jordan Investment Bank to gradually increase its stake,  eventually leading to the full purchase of the Gulf Commercial Bank,  should the partnership  prove successful and achieve the desired goals in terms of  profits and financial stability.
 
Economists believe that this transaction may reflect a new trend in   economic relations between Iraq and Jordan,  as Jordanian banks seek to expand their presence in the Iraqi market,
   which is witnessing growing demand for   advanced financial and banking services.
 
Observers also expect this deal to contribute to   raising the level of competition among Iraqi banks and      encouraging more foreign investment in the local financial sector.
 
These moves indicate that the   next two years may witness a   significant transitional phase in the   structure of the Gulf Commercial Bank,  opening the door to enhanced banking cooperation   between the two countries and  providing the Iraqi market with an additional impetus toward  modernization and    openness to regional expertise.      
https://mustaqila.com/مصدر-بنك-الاستثمار-الأردني-يقترب-من-إد/    

Iraqi Oil Prices Continue To Decline In Global Markets.

Energy  Iraqi oil prices recorded a decline during daily trading on Friday (October 3, 2025) in the global market.  According to data, Basra Medium crude fell to $65.74 per barrel, while Basra Heavy crude recorded $64.19 per barrel, with a change rate of -1.11 for both.

Regarding global oil prices, British Brent crude recorded $64.64 per barrel, while US West Texas Intermediate crude recorded $61.09 per barrel, with a change rate of +0.52 and +0.53, respectively. https://economy-news.net/content.php?id=60664

The First Shipment Of Kurdistan Region Oil Was Sold Through The Port Of Ceyhan After The Resumption Of Exports.

Thursday, October 2, 2025, | Economics Number of readings: 88  Baghdad / NINA / Oil Minister Hayan Abdul Ghani announced the sale of the first shipment of Kurdistan Region's oil, after the resumption of exports, through the Turkish port of Ceyhan on Thursday afternoon.

Abdul Ghani told the Kurdish media network, Rudaw: "At 12:00 noon today, the first shipment of oil from the Kurdistan Region was sold and left the port of Ceyhan."

The Oil Minister explained: "The ship was carrying 650,000 barrels of oil," noting: "The oil exported through pipelines is collected daily in the tanks of Ceyhan port and is exported in stages."

It is noteworthy that on September 25, an agreement was announced between the central government and the Kurdistan Regional Government to resume the export of the region's oil through the Turkish port of Ceyhan.  At dawn on Saturday, September 27, 2025, the export of the region's oil through pipelines resumed, after it was halted at the end of March 2023. https://ninanews.com/Website/News/Details?key=1254977

Gold Is Heading For Gains For The Seventh Consecutive Week.

Stock Exchange  Gold steadied on Friday, heading for its seventh consecutive weekly gain, supported by expectations of a US interest rate cut and continued concerns over the US government shutdown.

Spot gold settled at $3,851.48 per ounce, after hitting an all-time high of $3,896.49 in the previous session. The precious metal has gained 2.5 percent so far this week.

US gold futures for December delivery rose 0.2 percent to $3,875.50.

The US government shutdown extended into a second day on Thursday, potentially delaying key economic data, including the closely watched nonfarm payrolls report, scheduled for release on Friday. https://economy-news.net/content.php?id=6066

 

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

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Seeds of Wisdom RV and Economics Updates Saturday Morning 10-4-25

Good Morning Dinar Recaps,

Global Banking Alliance Collapses: A Sign of Financial Realignment

The shutdown of the Net-Zero Banking Alliance reveals cracks in global financial institutions — and signals bigger changes ahead.

Good Morning Dinar Recaps,

Global Banking Alliance Collapses: A Sign of Financial Realignment

The shutdown of the Net-Zero Banking Alliance reveals cracks in global financial institutions — and signals bigger changes ahead.

The Collapse of the NZBA

The Net-Zero Banking Alliance (NZBA) — launched in 2021 to align trillions in bank lending and investment with climate goals — has officially shut down after a member vote.

  • ● The NZBA was backed by over 100 banks worldwide, representing $74 trillion in assets.

  • ● Members included major players like HSBC, Citi, and Bank of America.

  • ● Yet, mounting political pushback and regulatory concerns forced banks to walk away.

As The Guardian notes, “The alliance could not reconcile competing pressures between shareholder interests and climate commitments.”

Why It Matters

The collapse isn’t just about climate. It shows:

  ● Global finance alliances are fragmenting under pressure from politics, trade wars, and competing priorities.
  ● Banks are recalibrating — focusing more on geopolitical survival than on transnational frameworks.
  ● The U.S. tariffs, BRICS de-dollarization, and European trade shifts all point toward new blocs replacing old ones.

From ESG to Geopolitics

Over the past decade, ESG (environmental, social, governance) finance was positioned as a unifying framework.

Now, its retreat shows that geopolitical competition is replacing ESG coordination:

  ● BRICS nations are building alternative financial structures (new payment rails, gold-backed strategies).
  ● Western banks are pulling away from global consensus models, focusing instead on domestic politics and shareholder risk.
  ● The IMF and World Bank face pressure as rival blocs explore new institutions.

The Shift: Out with the Old, In with the New

The NZBA’s collapse is a symptom of a larger transformation:

  ● Old alliances (climate, trade, banking frameworks) are eroding.
  ● New alliances (BRICS, regional payment systems, digital currencies) are emerging.
  ● Global finance is moving toward fragmentation and multipolarity.

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

Why This Matters

The end of the NZBA marks a turning point in international finance. When institutions built to coordinate the world’s largest banks fall apart, it signals that capital is being reallocated toward new centers of power.

We are entering a period where:

  • ● Geopolitical alignment will drive banking decisions.

  • ● Cross-border cooperation will be shaped less by shared ideals, and more by strategic blocs.

  • ● Financial restructuring will accelerate as “out with the old and in with the new” becomes reality.

@ Newshounds News™ Exclusive

Sources:

~~~~~~~~~

Global Crypto Regulation: What’s Shifting Abroad

Across Europe, Asia, and Russia, new regulatory frameworks are redrawing the rules of finance, signaling a deeper restructuring in motion.

Europe & UK: Tightening Stablecoin Scrutiny & Passporting Ambitions

  • EU Stablecoin Ban Proposal – The European Union is moving toward banning certain unbacked stablecoins, while creating licensing requirements for euro-backed tokens. This aims to protect consumers and maintain financial system stability. (Cointelegraph, 2025)

  • UK Digital Asset Regulation – The UK is advancing its sandbox programs and exploring comprehensive digital asset licensing, positioning London as a regulated hub for tokenized finance. (UK FCA Reports, 2025)

China: CBDC Expansion & Domestic Control

  • Digital Yuan Initiatives – China continues rolling out its central bank digital currency (e-CNY), integrating it with retail, government, and cross-border trade, strengthening its financial sovereignty. (Xinhua, 2025)

  • Crypto Crackdown – Domestic crypto trading remains banned, but China is supporting tokenization experiments within government-sanctioned channels, highlighting a dual strategy of control and innovation.

Russia: Legal Frameworks & Mining Oversight

  • Regulatory Clarity – Russia is formalizing crypto taxation, licensing exchanges, and integrating blockchain in government operations, aiming to stabilize its digital asset ecosystem. (RT, 2025)

  • Mining Incentives & Export Controls – Russia is incentivizing local mining while monitoring electricity and capital flows, balancing innovation with state oversight.

India: Crypto Legalization & Exchange Licensing

  • Proposed Crypto Bill – India is finalizing legislation to formally legalize digital assets while establishing regulatory oversight for exchanges and wallet providers. (Economic Times, 2025)

  • Focus on Compliance & Taxation – Digital asset transactions will be taxed, and exchanges are required to adhere to KYC/AML regulations, signaling alignment with global financial standards.

Global Implications: Towards Financial Restructuring

  • Harmonizing or Diverging Rules – As the EU, UK, Russia, China, and India move at different speeds, the world faces either a fragmented regulatory landscape or emerging new financial corridors outside the traditional dollar system.

  • Impact on Innovation – Countries with clear frameworks could attract tokenized asset flows, staking, and digital securities, creating an alternative to unregulated global exchanges.

  • Strategic Sovereignty & Multipolar Finance – This patchwork of regulation accelerates the shift to a multipolar financial world, aligning with the broader trend of nations seeking more autonomy and resilience in global finance.

Why This Matters

The global push for crypto regulation signals that major economies are not waiting for the U.S. to lead. Europe, China, Russia, India, and the UK are setting the stage for new financial rails and governance standards. Countries adopting strong, transparent frameworks can attract capital, while others risk marginalization — underscoring that this is not just politics — it’s global finance restructuring before our eyes.

@ Newshounds News™ Exclusive

Sources


~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts 
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MilitiaMan and Crew: IQD News Update-Historic Oil Deal-US Deals-Exchange rate

MilitiaMan and Crew: IQD News Update-Historic Oil Deal-US Deals-Exchange rate

10-3-2025

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

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

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

MilitiaMan and Crew: IQD News Update-Historic Oil Deal-US Deals-Exchange rate

10-3-2025

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

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

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

https://www.youtube.com/watch?v=OG7jGM-J0pE

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Seeds of Wisdom RV and Economics Updates Friday Afternoon 10-3-25

Good Afternoon Dinar Recaps,

The Digitalization of Personal Lending: Better Opportunities for New Borrowers?

As fintech reshapes credit access, old gatekeepers are losing grip — out with opaque practices, in with inclusion, transparency, and speed. And this shift carries financial power implications globally.

Good Afternoon Dinar Recaps,

The Digitalization of Personal Lending: Better Opportunities for New Borrowers?

As fintech reshapes credit access, old gatekeepers are losing grip — out with opaque practices, in with inclusion, transparency, and speed. And this shift carries financial power implications globally.

What’s Changing in Personal Lending

  ● Digital lenders are now relying on alternative data — utility bills, rental history, e-commerce behavior, even phone usage — to evaluate borrowers who lack traditional credit scores. 
  ● Underwriting powered by AI / Machine Learning enables faster, more nuanced decisions, allowing lenders to spot good behavior in nonconventional ways.
  ● Approvals and fund disbursements now often happen in minutes to hours rather than days or weeks. This is especially crucial for first-time borrowers facing urgent financial needs. 
  ● The entire process — application, identity verification, signing — is moving online with transparent terms, lower overheads, and fewer barriers.

Benefits — Especially for New / Underserved Borrowers

  ● Greater access: those without long credit histories or collateral can now be evaluated fairly.

  ● Lower cost: reduced admin / staff / branch overhead means more competitive rates and fees.

  ● Convenience: digital processes reduce friction (travel, paper, wait times) for rural or underserved communities.

  ● Trust building: clearer terms, dashboards, and data transparency help borrowers understand risk and build credit profiles.

Risks, Roadblocks & Unequal Uptake

  ● Data privacy & security: collecting alternative data raises risks of misuse, breaches, and bias.

  ● Regulatory lag: many jurisdictions lack clear rules governing digital lenders or cross-border fintech operations.

  ● Interest rate risk: some digital platforms may still charge high rates to compensate for risk, hurting vulnerable borrowers.

  ● Digital divide: access to reliable internet, smartphones, or digital literacy still uneven globally, limiting reach.

“Out with the Old, In with the New” & Global Financial Restructuring

🔹 Old Model: Traditional banking required established credit history, physical branches, opaque pricing, and slow processes. These systems favored established, often wealthy borrowers.

🔹 New Model: Fintech platforms, digital underwriting, and alternative credit data enable financial inclusion, lowering barriers and distributing credit more widely.

🔹 Global Ripple Effects:

• Emerging economies can leapfrog legacy banking infrastructure by adopting digital lending systems as primary sources of credit.

• New fintech ecosystems attract capital, competition, and regulatory innovation — pulling in global investors.

• Less dependence on centralized banking infrastructure could weaken the dominance of old financial hubs; new hubs (Asia, Africa) may rise.

🔹 As these changes accelerate, they’re not merely innovations; they are part of structural financial shifts. We’re seeing old systems dismantled and new ones erected — reshaping who has credit, who has access, and who holds financial power.

Why This Matters / Key Takeaway

Digital personal lending is more than convenience. It’s a lever shifting financial inclusion, power, and risk. Just as stablecoins, BRICS payment rails, and alternative currency systems reshape global structures, so too does the democratization of credit. This is where inclusion meets architecture: who gets in, how they get in, and on what terms.

Out with the Old, In with the New.
This is not just politics — it’s global finance restructuring before our eyes.

@ Newshounds News™ Exclusive

Sources:

  • Modern Diplomacy — The Digitalization of Personal Lending: Better Opportunities for New Borrowers? Modern Diplomacy

  • McKinsey – Digital Lending: Reshaping Consumer Credit in Emerging Markets (report)

  • Brookings Institution – Fintech & Financial Inclusion: pathways and policy implications

  • MIT Technology Review – AI-driven credit scoring: Risks, uses, and oversight


~~~~~~~~~

‘Paper Gold’ Era Ends as BRICS Nations Push Dollar-Free Payments

The age of speculative gold contracts is giving way to a hard-money world. As BRICS builds payment systems that bypass the dollar, we are witnessing a deeper shift in where value, power, and trust reside.

From Paper to Metal: Shifting the Gold Narrative

  ● The “paper gold” era—reliance on ETFs, futures, sovereign gold bonds—is being challenged by BRICS’ move toward physical metal-backed convertibility.
  ● Frank Giustra, a mining magnate, warns: “If you own paper gold, you do not own gold. When the crunch comes, it will not be there.” 
  ● BRICS nations are introducing yuan-to-gold convertibility on the Shanghai Gold Exchange and expanding physical vaulting operations (Hong Kong, etc.) to avoid reliance on Western financial infrastructure.
  ● The shift is already reshaping market dynamics: bullion premiums and physical supply constraints are becoming more significant factors than paper price speculation. 
  ● According to Mining.com, the development mirrors a broader pivot: “The age of paper gold is ending as BRICS nations stand up a parallel financial system that routes around the US dollar.” 

Dollar-Free Payments: Building the New Infrastructure

  ● BRICS is constructing a parallel payments and settlement system — covering payments, depositories, swap lines, ratings, and messaging networks — operating outside the dollar system.
  ● mBridge, a cross-border central bank digital currency pilot (China, Hong Kong, Thailand, UAE, Saudi Arabia) allows participants to settle in local currencies, bypassing take-outs via the dollar. 
  ● This new rail competes directly with dollar-backed stablecoins and challenges SWIFT’s centrality.
  ● GIS Reports confirms incremental progress: BRICS is focusing less on a full common currency and more on interoperable payment systems, national currency trades, and technical protocols

Why This Matters: Power, Value & Structural Shifts

🔹 Reassertion of Real Value
Physical gold anchors value in a tangible, non-sovereign asset. As paper contracts lose trust, ownership of real metal becomes the real claim to value.

🔹 Weakening Dollar Leverage
By routing payments and asset backing outside the dollar, BRICS reduces the ability of the United States to exert influence via sanctions, dollar control, or financial exclusion.

🔹 Reshaping Reserve Strategies
Central banks and states will increasingly demand deliverable, on-territory physical holdings rather than foreign paper assets they may lose access to during crises.

🔹 Multipolar Financial Order
The construction of a non-USD based monetary infrastructure bolsters a multipolar world. Countries will gradually rely on networks they control, not ones owned by Western financial centers.

🔹 Alignment & Dependency
States that join or align with these systems may find their trade, credit, and financial dependencies redirecting toward BRICS hubs, changing geopolitical alignments.

Why This Matters / Key Takeaway

The end of paper gold and rise of dollar-free payment infrastructure is not incremental — it’s architectural. It illustrates the broader movement: old systems fade while new structures, anchored in tangible value and sovereignty, take shape. This is another chapter in how global finance is being rewired under our eyes.

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

@ Newshounds News™ Exclusive

Sources & Further Reading

  • Watcher.Guru – ‘Paper Gold’ Era Ends as BRICS Nations Push Dollar-Free Payments Watcher Guru

  • Mining.com – ‘Paper gold is over’ as BRICS build dollar-free systems MINING.COM

  • GIS Reports – BRICS incremental progress in dollar-free trade GIS Reports

  • Additional context: BRICS payment infrastructure development (GIS Reports)GIS Reports


~~~~~~~~~

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Iraq Economic News and Points To Ponder Friday Morning  10-3-25

Qi Card Company Tightens Control In Iraq In Cooperation With The US: We Closed 3,000 Accounts

 Shafaq News – Translation   Bahaa Abdul Hadi, Chairman and Co-Founder of the International Smart Card Company, owner of the QI electronic card, revealed that the company is implementing a strict policy to monitor and prohibit suspicious activity in cooperation with Iraqi and US authorities, confirming that approximately 3,000 accounts have already been closed. 

Qi Card Company Tightens Control In Iraq In Cooperation With The US: We Closed 3,000 Accounts

 Shafaq News – Translation   Bahaa Abdul Hadi, Chairman and Co-Founder of the International Smart Card Company, owner of the QI electronic card, revealed that the company is implementing a strict policy to monitor and prohibit suspicious activity in cooperation with Iraqi and US authorities, confirming that approximately 3,000 accounts have already been closed. 

In an interview with the English-language newspaper The National in Abu Dhabi, translated by Shafaq News Agency, Abdul Hadi said that the transition to a cashless economy in Iraq is gaining momentum, but there is still much to be done. 

According to the report, the Iraqi government has introduced financial and economic reforms since early 2023, including the use of electronic payment systems by the government and private sector, and reforms to regulations requiring electronic payment service providers to tighten anti-money laundering and cybersecurity rules.

The report quoted Abdul Hadi as saying that many Iraqis are now using cards and phones instead of withdrawing large amounts of cash from their pockets, indicating a change in payment habits. However, digital awareness remains the biggest challenge, he explained, adding that better incentives are needed to encourage more Iraqis to trust and adopt digital payments and transition away from paper cash.

However, he noted the importance of digital solutions as a turning point in bridging the cash gap in urban areas over the next five years, indicating that it will take 10 years to reach rural areas. 

The report also explained that the global smart card company launched the Qi card in 2007, initially as an electronic payment service for public sector salaries and pensions. The company now claims to have more than 11 million users and a network of 23,000 points of sale covering all Iraqi governorates, including remote villages.

He continued: "For the government and the Central Bank, the risks are significant, but the transition of millions of Iraqis from cash to cards and electronic wallets could limit corruption, expand financial inclusion, and enhance the stability of the dinar. However, the abuse of these same systems is also possible."

 The National recalled what the American Wall Street Journal reported last May, stating that QI cards were being exploited in dollar arbitrage schemes for Iranian-backed groups, allowing local salaries to be converted into hard currencies abroad to help Iran circumvent US sanctions. Financial transactions using the cards increased from $50 million to $1.5 billion per month between early 2023 and April 2023, generating profits estimated at $450 million in 2023 alone. 

 However, the report said that Abdul Hadi strongly denied these allegations, stressing that Qi adheres to a "zero tolerance" policy for any misuse.

He also stated that "when our system detects any warning sign, we immediately close the suspicious account," adding that more than 3,000 accounts have been banned.

According to Abdul Hadi, in cases where external parties attempted to exploit the broader card system for arbitrage purposes, we actively cooperated with the Central Bank of Iraq and Visa and Mastercard, taking measures such as freezing accounts, limiting the volume of cross-border transactions, and blocking thousands of suspicious cards.

He added that the company uses biometric authentication and real-time monitoring to detect any misuse, noting that in June, the company signed a three-year partnership with the American consulting firm K2 Integrity to enhance oversight.

Abdul Hadi indicated that no US agencies have contacted QI to date regarding these allegations, explaining, "We have not received any warnings... and the company is fully committed to cooperating with both US authorities and Iraqi regulatory bodies should they request information through legal channels." 

Abdul Hadi noted, as quoted in the report, that "the company has suspended the payment of salaries to the Popular Mobilization Forces," explaining that this decision "was made in consultation with our risk and compliance advisors to ensure full compliance with international regulations and avoid US pressure."      LINK

No-Gas Burning Technology

Walid Khaled Al-Zaidi   Since the discovery of oil in Iraqi lands in (1927), from the Baba Gurgur field in Kirkuk, through the Iraq Petroleum Company, at a depth of (1521) feet, this discovery was a major turning point in the country’s economic history, as it was followed by other explorations in other regions of the center, south, north and east, but signs of maximum benefit from the gas associated with the extraction of crude oil from the earth’s interior did not appear.

Over a period of nearly (100) years, our specialized engineering cadres were not able to seriously comprehend the great importance of the gas associated with the extraction of petroleum raw materials produced from all fields, despite the fact that they are considered enormous resources that can establish a national energy industry and great economic wealth in the country.

Gas in our various fields is a wasted natural energy source that appears burned and accompanies crude oil extraction operations. It is a large part of the country’s wealth that suffers from the burning of large quantities of it despite the efforts made to invest it.

The reason for this is the destruction of infrastructure in previous periods due to wars and corruption, in addition to neglect and short-sightedness in previous eras regarding the future of energy in the world. However, as soon as last year came, the federal government included in its programs the implementation of work plans to stop the burning of associated gas until the year (2027), in order to use it to operate power plants and reduce dependence on imported gas from various foreign sources, which burdens the Iraqi treasury with huge sums to purchase it.

 Not only that, but this strategy also included the process of improving the environment, which is in line with the will of the international community and UN resolutions to reduce thermal emissions that pollute the environment.

The current national trends in this vital field were not random, but rather were based on a clear and well-thought-out scientific and professional vision when it extended communication channels with the State of Qatar, as it is the most important gas producer in the region, and one of the most prominent sources of its production in the world.

The plans showed that 70% of the gas would be invested instead of burning it by the end of this year, in preparation for the emergence of Iraq as a producer of this promising energy, through the signing of the joint operating agreement between the French energy company Total, Basra Oil Company, Qatar Gas Company and the Federal Ministry of Oil, under the auspices of Prime Minister Mohammed Shia Al-Sudani and in the presence of the Minister of Energy of the State of Qatar, in addition to important international figures in the field of implementing oil and gas projects from Korea, China and Turkey.

Governmental measures in the field of gas investment, in cooperation with the relevant authorities in this vital field, embody Iraq’s desire to increase the scope of investments with Qatar Energy and the French company Total, as the main operator of the Artawi oil field south of Basra, to implement the integrated gas development project,

 in addition to signing the contract for the central oil and gas processing plant between the French company Total Energy and the Turkish company Enka, which included, among other things, the production of (163) million standard cubic feet of gas per day,

in addition to the technology of not flaring gas, which indicates in a striking way the confidence of international parties specialized in this field in the strength of the Iraqi economy and inspires hope in seeing an advanced investment environment on our land, and an eloquent message that the Iraqi market is open at all levels to solid international economic contributions.https://alsabaah.iq/121404-.html 

Rentier No More? Baghdad’s $17B Gamble On The Development Road
  
Economy & Business  Iraq breaking Turkiye Development Road Rentier   2025-09-30 08:40  Shafaq News – Baghdad / Abu Dhabi   Iraq’s $17 billion Development Road Project  will be the backbone of a new, non-oil economy,   linking the Gulf      to Europe and reshaping regional trade,  Transport Minister Razzaq Muhaibis al-Saadawi said on Tuesday.
 
During the Global Rail 2025 exhibition in Abu Dhabi, al-Saadawi called the rail-and-highway corridor “    a lifeline that carries      jobs and      investment,     not just freight.”

He said  international experience shows that   modern rail networks  slash transport costs,  strengthen supply chains, and      drive competitiveness —    outcomes Iraq aims to replicate   by making rail the centerpiece of the project.
 
The Development Road   will span 1,200 kilometers  from Iraq’s southern ports to Turkiye,combining  an electrified railway      with a high-speed highway.
 
Construction is planned in three phases through 2050, with the   first stage expected to create more than 100,000 jobs.
 
For decades, Iraq has functioned as a rentier economy,   deriving over 90% of state revenues from oil exports.  This dependence has left public finances   highly vulnerable to  price swings, limited private-sector growth, and  entrenched unemployment among a young population.
 
Economists warn that without diversification,   Iraq’s fiscal system risks      recurring crises and an      inability to sustain basic services  when oil markets weaken.    
  
https://www.shafaq.com/en/Economy/Rentier-no-more-Baghdad-s-17B-gamble-on-the-Development-Road 

 

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

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Seeds of Wisdom RV and Economics Updates Friday Morning 10-3-25

Good Morning Dinar Recaps,

Taiwan Considers High-Tech Strategic Partnership with United States

As Taipei and Washington negotiate tech, tariffs, and investment, the choices made could signal a shift from the old trade balance toward new models of alignment and control.

Good Morning Dinar Recaps,

Taiwan Considers High-Tech Strategic Partnership with United States

As Taipei and Washington negotiate tech, tariffs, and investment, the choices made could signal a shift from the old trade balance toward new models of alignment and control.

What’s on the Table

  ● Taiwan is in talks with the U.S. to form a high-tech strategic partnership aimed at reducing the 20% tariff on Taiwanese exports and expanding semiconductor cooperation. 
  ● Vice Premier Cheng Li-chiun leads the discussion. The “Taiwan model” would expand U.S. production capacity through Taiwanese investment without relocating the bulk of Taiwan’s supply chains.
  ● The U.S. reportedly floated a 50-50 chip production split, which Taiwan has firmly rejected. 
  ● Taiwan is pushing for industrial credit guarantees, joint clusters, and tariff reform to give the partnership structure and financial backing. 
  ● Meanwhile, Taiwan chipmaker TSMC is investing ~$165 billion in U.S. capacity (Arizona) but maintains that core production stays in Taiwan

Why It Matters

• This agreement could redefine supply chain power — instead of offshoring, Taiwan would anchor U.S. capacity via investment, shifting influence outward.

• Taiwan preserves its core sovereignty and technological edge, resisting demands to move production.

• The U.S. gains a more secure, partially onshore semiconductor base to reduce exposure to geopolitical risk.

Out With the Old, In With the New — Financial & Strategic Implications

🔹 Reinventing Tech Leverage
Rather than trade wars or tariffs as blunt tools, this partnership shapes new interdependence models: investment, cluster development, credit guarantees.

🔹 Capital Flows & Credit Structures
To support new industrial clusters, funding must move — loans, guarantees, venture funds, investment banks — possibly outside traditional Western channels.

🔹 Currency & Settlement Impact
If payment and settlement for this partnership can be conducted using non-USD mechanisms (e.g. local currency credits or regional systems), it would chip away at dollar dominance in technology trade corridors.

🔹 Institutional Significance
Strategic alignments like this carve new spheres of influence. Taiwan engaging deeply with the U.S. through tech, not just diplomacy, signals where future global alignments may lie.

Why This Matters / Key Takeaway

Taiwan and the U.S. are not just discussing trade; they’re scripting a new template for industrial alliance in the tech era. By balancing sovereignty with integration, Taiwan is crafting a model that might outlast the old trade frameworks. This negotiation isn’t incremental — it's part of the tectonic shifts of power and finance unfolding today.

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

@ Newshounds News™ Exclusive

Sources & Further Reading

  • Reuters – Taiwan considers high-tech strategic partnership with U.S. Reuters

  • Reuters – Taiwan rejects U.S. 50-50 chip production split Reuters

  • Taipei Times – Vice Premier moots high-tech deal with the U.S. Taipei Times

  • Moderndiplomacy – Taiwan considers high-tech strategic partnership with U.S. Modern Diplomacy

  • Digitimes – Industrial clusters are key to Taiwan-US partnership DIGITIMES Asia

  • FastBull – Taiwan explores high-tech strategic partnership with U.S. FastBull

  • Wikipedia – TSMC global expansion & Arizona facility Wikipedia

  
~~~~~~~~~

Humanity Over Hostility: Seoul Seeks Family Reunions With the North

Seoul’s push to reconnect divided families may appear humanitarian — but it also signals deeper undercurrents of shift: out with old antagonisms, in with new diplomatic and financial realignments.

What’s Happening Now

  ● South Korean President Lee Jae-myung called on North Korea to resume family reunions for those separated by the Korean War, especially ahead of the Chuseok holiday. 
  ● Approximately 36,000 South Koreans have requested reunion chances via the Unification Ministry — many aging and hoping to see long-lost relatives. 
  ● The last such reunions were held in 2018, after which inter-Korean talks deteriorated and the physical facility used for reunions in North Korea was dismantled
  ● Lee framed reunions as a “humanitarian responsibility” transcending politics, urging that even amid hostility, basic human connection must persist. 

Why It Matters

• Soft power in action — Unlike military posturing, this move appeals to public sentiment, bridging distance emotionally before policy.

• Signaling intent — By raising this agenda early in his term, Lee indicates that he seeks a new posture in inter-Korea engagement.

• Diplomatic leverage — Reunions could become a bargaining chip in broader diplomacy: nuclear talks, sanctions relief, or development aid.

• Undercurrents of change — When societies break from entrenched hostility toward engagement, it can precede systemic shifts in alliances, trade, and financing.

Out With Old, In With New — In the Financial Sphere

🔹 Economic channels follow emotional ones
Restoration of people-to-people ties often leads, over time, to resumption of trade, infrastructure cooperation, and cross-border investment. The reunions are a soft opening to new flows.

🔹 Alternative financing & partnership opportunities
If reconciliation deepens, South Korea (and possibly third-party states) might structure financial or development deals outside Western-led institutions — for example, partnerships with China, Russia, or even via BRICS mechanisms.

🔹 Reframing legitimacy and authority
By taking the moral high ground, Seoul can assert narratives that don’t depend solely on U.S. backing or UN sanctions regimes. It’s about rebuilding legitimacy through empathy as much as power.

🔹 Institutional gray zones
Reunions blur the line between humanitarian and political. Entities like the Red Cross, UN, and NGOs may play larger roles, bypassing rigid state-to-state diplomacy. That opens space for institutions beyond the old bilateral models.

Why This Matters / Key Takeaway

Reviving family reunions isn’t just about kindness — it’s a step toward reweaving ties that ideology severed. In doing so, Korea edges toward new diplomatic and economic architectures, challenging old hostility and opening doors to reshaped alliances and financial paths.

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

@ Newshounds News™ Exclusive

Sources & Further Reading

  • Reuters / Associated Press – South Korea urges North to resume family reunions Reuters

  • Modern Diplomacy – Humanity Over Hostility: Seoul Seeks Family Reunions With the North Modern Diplomacy

  • NK News – Lee calls on North Korea to allow contact between separated families NK News - North Korea News

  • Yeni Safak – South Korea urges North to resume family contact, citing responsibility of political circles Yeni Safak

  • AP News – North Korea demolishes reunion facility at Diamond Mountain AP News

  • NK News / Seoul observatory sources

  • Wikipedia – Seoul–Pyongyang hotline and inter-Korean lines Wikipedia


~~~~~~~~~
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“Tidbits From TNT” Friday Morning 10-3-2025

TNT:

Tishwash:  Al-Sudani, congratulating on the National Day: We were keen to protect Iraq and preserve its sovereignty.

Prime Minister Mohammed Shia al-Sudani, today, Friday, on the National Day, while stressing the keenness to preserve Iraq and maintain its sovereignty.

Al-Sudani said in a statement, "Our most sincere congratulations and best wishes are extended to all Iraqis on the occasion of "Iraqi National Day", which falls on October 3 of each year, on the 93rd anniversary of our country's membership in the highest international body recognized by all countries and peoples of the world."

TNT:

Tishwash:  Al-Sudani, congratulating on the National Day: We were keen to protect Iraq and preserve its sovereignty.

Prime Minister Mohammed Shia al-Sudani, today, Friday, on the National Day, while stressing the keenness to preserve Iraq and maintain its sovereignty.

Al-Sudani said in a statement, "Our most sincere congratulations and best wishes are extended to all Iraqis on the occasion of "Iraqi National Day", which falls on October 3 of each year, on the 93rd anniversary of our country's membership in the highest international body recognized by all countries and peoples of the world."

He added, "This day embodies the entity of the modern Iraqi state, and all that its contemporary existence carries in terms of historical, civilizational and cultural meanings, for our beloved Iraq, and for our noble people with all their fraternal spectra, and with all their deep historical reach and what they have offered to humanity in its journey towards civilization, that journey that began in the land between the two rivers."

He continued, "Throughout their modern history, Iraqis have faced many challenges and struggles, whether during the early days of the founding of the present Iraqi state or during their fight against dictatorship. Along the way, they have offered hundreds of thousands of martyrs so that Iraq may gain its independence and achieve its full sovereignty."

He   explained, "Since we assumed our executive duties as head of the government, we have been keen to safeguard Iraq and its constitution, preserve its sovereignty, protect its wealth, and achieve prosperity and economic strength for our people.

 We have also worked diligently and sincerely to ensure that Iraq comes first in our endeavors and efforts, and that it takes the place it deserves regionally and internationally."  link

Tishwash:  Mastercard: Technical glitch suspends money transfers for citizens in Iraq

An Iraqi banking source reported on Thursday that a technical glitch in the MasterCard network has caused the suspension of financial transfers to citizens using the network's cards, affecting millions of dinars in transfers.

The source explained to Shafaq News Agency that the glitch occurred suddenly, leading to the suspension of financial transactions and the suspension of all funds transferred at the time of the problem. He confirmed that the relevant authorities are working to fix the system.

The source assured citizens that the funds would be returned to their owners or transferred to the holding entity within 24 hours of the technical glitch being fixed. link

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Tishwash:  Washington supports the Baghdad-Erbil oil agreement to curb oil smuggling and enhance investment stability.

 Economic expert Nabil Al-Marsoumi said on Friday that Washington's support for the Baghdad-Erbil oil agreement contributes to reducing oil smuggling and enhancing investment stability in Iraq. 

Al-Marsoumi explained in a Facebook post monitored by (IQ): “Why does Washington support the oil agreement between Baghdad and Erbil? With the Turkish pipeline closed since March 2023, some oil has been transported to Iran and Turkey via trucks while they search for alternative markets. Resuming exports from Kurdistan also helps offset a potential decline in Iranian oil exports, which Washington has said it will reduce to zero as part of President Trump’s maximum pressure policy against Iran.” 

He added, "Limiting the smuggling of Iraqi oil to Türkiye and Iran serves the economic interests of American oil companies investing in Kurdistan." 

Al-Marsoumi continued: "The agreement will contribute to creating a more stable investment environment across Iraq for American companies, and will maintain low oil prices, which will help control inflation levels in the United States  link

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Tishwash:  US investments accelerate in Iraq... Akkas field a strategic opportunity to boost energy

 Us Iraq seeks to contain the economic repercussions of European sanctions on Iran, the investment in the Akkas gas field in Anbar province is emerging as a strategic opportunity to reshape the energy landscape in the west of the country. 

A full year after signing an investment contract with a Ukrainian company that had not yet begun any field work, the Ministry of Oil decided to open the door to international companies, signing a new contract with the American company Schlumberger to develop the field, whose reserves are estimated at approximately 5.6 trillion cubic feet of natural gas. 

This move comes at a time when American companies are rushing to strengthen their presence in the Iraqi market, reflecting significant shifts in energy investment trends and shaping international competition over the country's strategic resources.

In an interview with Al-Alam Al-Jadeed, parliamentary Electricity and Energy Committee member Dahel Al-Hamidi said, "The American moves to invest in Anbar's oil and gas fields represent a significant turning point in Iraq's energy policy."

He added, "This step is not limited to being an oil project alone, but rather a message that the investment environment in Iraq has become more stable," noting that "the challenges resulting from sanctions on Iran and the recent snapback mechanism require Iraq to move quickly to invest its national resources to reduce dependence on foreign imports and ensure sovereign balance in the energy sector."

The company has already begun drilling and preparation work, with a production plan targeting a capacity increase to 100 million cubic feet per day by adding 60 million cubic feet allocated to feed the Anbar Combined Cycle Power Plant, with future plans to reach 400 million cubic feet per day in subsequent phases. Meanwhile, the Iraq Investment Forum, held in Baghdad on September 27-28, confirmed that other American companies have begun practical steps towards investing in oil and gas fields.

The Akkas field is the second-largest gas field in the Middle East, and if properly developed, it could provide more than 10,000 job opportunities in its first phase, in addition to generating revenue for Anbar Province and the country.

This comes at a critical moment for Baghdad with the implementation of new international sanctions on Iran. These measures present it with a difficult balance between its obligations to the international community and its urgent need for the Iranian market. Experts have warned of disruptions to supply chains, rising prices, and worsening currency smuggling, noting that the greatest challenge facing Iraq will be maintaining a delicate balance in its relations with Iran without slipping into a confrontation with the international community.

In April 2024, Iraq signed an investment contract for the Akkas gas field with a Ukrainian company. The contract stipulates that the field will produce 100 MMcf/day in the first year, increasing production to 400 MMcf/day within four years, which is sufficient to cover 35% of the Iranian gas Iraq imports.   link

Mot: .. -- oooh Yes!!! -- the ole ""October Joys""

Mot:  Yeppers!!!!!!  Dumb stuff

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