“Tidbits From TNT” Monday 10-6-2025

TNT:

Tishwash:  Launch of the "World Investor Week" conference

Under the patronage of Prime Minister Mohammed Shia Al-Sudani, and in the presence of the Chairman of the Securities Commission, Faisal Al-Haimus, the activities of the "Global Investor Week" conference and the "21st Anniversary of the Establishment of the Securities Commission" were launched, under the slogan "Towards an Advanced Financial Market - Iraq's Economic Vision 2030".

The conference was attended by a number of advisors, advisors to the Prime Minister, undersecretaries of ministries, general managers, a number of heads of bodies and entities not affiliated with a ministry, as well as departments concerned with financial investment and an elite group of investors.

The conference aims to introduce the pioneering role of the Securities Commission in enhancing transparency and developing Iraqi financial markets, and to honor distinguished and creative employees in the Securities Commission.

The Chairman of the Securities Commission, Faisal Al-Haimus, reviewed the work of the Commission, its achievements and aspirations for a better investment future.

The guests praised the work of the Commission, its development and its great achievements that serve the interest of the Iraqi economy, drive the wheel of investment forward, attract investors and stimulate the participation of the private sector in the service of the public interest.

The conference included live dialogue sessions in which the participants discussed It contains various issues related to financial investment.  link

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Tishwash: Iraqi parliament to continue work through election period: Lawmaker

 Iraq said on Saturday that dissolving the current parliament is not under consideration and that lawmakers will continue their duties until early January, as elections are due to be held in nearly a month.

"The House of Representatives will continue its work and full powers until January 8, 2026, in accordance with the law,” Rebwar Hadi, head of the parliamentary legal committee, told the state-run Iraqi News Agency (INA), noting that "the current parliamentary term began on January 8, 2022."

Campaigning for Iraq's November electoins commenced on Friday and will run until November 8.

Posters and banners have already dominated streets across the country as nearly 7,800 candidates compete for 329 seats. More than 21 million voters are eligible to cast their ballots.

A total of 31 alliances, 38 parties, 23 independent candidates, and 56 quota seat contenders are participating, according to data from Iraq’s Independent High Electoral Commission (IHEC). Of the 7,768 total candidates, 5,520 are men and 2,248 are women. The 329-member parliament includes 320 general seats and nine reserved for minority groups.

Hadi added that holding elections “does not mean the end of the work of the House of Representatives, except in one case according to Article 64 of the constitution (dissolution of the House of Representatives), and this is not currently on the table, and there is no time left to dissolve," the legislative body.

Article 64 of the Iraqi Constitution stipulates that parliament may be dissolved before the end of its term either by an absolute majority vote from its members or upon a joint request by the prime minister and president. The article also bars dissolution while the prime minister is under questioning.  link

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Tishwash:  Iraqi Embassy in Amman Celebrates Iraq’s 93rd National Day

Amman, Oct. 5 (Petra) -- The Iraqi Embassy in Amman hosted a reception on Saturday evening to celebrate the 93rd National Day of the Republic of Iraq, drawing a distinguished crowd from across Jordan's political, diplomatic, and business circles.

The event was attended by Speaker of the Lower House of Representatives Ahmed Safadi, Minister of State for Foreign Affairs Nancy Namrouqa, numerous ambassadors and heads of diplomatic missions, business figures, and members of the Iraqi diaspora in Jordan.

The evening opened with the national anthems of Jordan and Iraq, followed by a short documentary recalling Iraq’s accession to the League of Nations in 1932, a historic milestone now commemorated as the country’s national day.

In his address, Iraqi Ambassador to Jordan Omar Al-Barzanji underscored the deep-rooted ties between Iraq and Jordan, reaffirming Baghdad’s commitment to strengthening bilateral cooperation across various sectors.

The ambassador also acknowledged the care and support extended to the Iraqi community in Jordan, expressing appreciation for the leadership of His Majesty King Abdullah II and Jordan’s role in promoting Arab solidarity.

The celebration featured traditional Iraqi music and patriotic songs, offering a cultural tribute to Iraq’s heritage and resilience.  link

Mot:  . Soooo Many -- Just Don't Get it!!!! ---

Mot: These Questions Siiggghhhh   

Seeds of Wisdom RV and Economics Updates Monday Morning 10-6-25

Good Morning Dinar Recaps,

Why Governments Are Falling in 2025: Alarm Bells for Global Order
As states unravel, the ripples are shaking the stability of the global system itself.

Recent Collapses & Political Crises

  ● France’s abrupt government collapse — Prime Minister Sébastien Lecornu resigned just hours after naming his cabinet, unable to form a coalition or instill confidence.
  ▪ Markets reacted sharply: the CAC 40 fell ~2%, French government bonds yields spiked, and investor confidence wavered. 
  ● Netherlands’ recent government fall — Earlier in 2025, the Dutch coalition collapsed when Geert Wilders pulled support over immigration disagreements. 
  ▪ The Dutch government became caretaker, delaying reforms and weakening institutional capacity. 

These are not isolated incidents — they signify growing fragility in established democracies under pressure.

Underlying Fault Lines

  ● Fiscal strain & debt overload — In France’s case, public debt exceeds 114% of GDP, magnifying backlash over austerity and structural reforms. 
  ● Political fragmentation — Weak majority coalitions, antagonistic parties, and ideological chasms prevent durable governance.
  ● Social backlash — Massive protests, strikes, and the "Bloquons Tout" movement in France reflect public rage over inequality and austerity.
  ● Loss of trust in central authority — When people believe institutions no longer represent them or deliver, legitimacy erodes.

Countries at Risk & Systemic Pressure

It’s not just Europe. Across many regions:

• Fragile democracies, states with high debt burdens or external dependency are especially vulnerable.

• Countries with large social welfare systems (e.g. in Latin America, parts of Asia) might reach breaking points under recession, inflation, or fiscal tightening.

• Authoritarian states that appear stable may hide internal fault lines (economic inequality, legitimacy, local governance breakdowns) that could surface under stress.

The broader pressure is toward rethinking sovereignty, fiscal control, and regional alignment.

Global Consequences & Financial Restructuring

  ● Risk premium & capital flight — Governments in instability see borrowing costs soar, capital seek safer jurisdictions, and credit spreads widen.
  ● Fragmentation of financial zones — States losing faith in global institutions may migrate toward regional or bloc-based systems (BRICS, ASEAN, etc.).
  ● Shifting reserve strategies — Countries might hedge by reducing exposure to foreign-denominated debt or assets, increasing gold or alternative reserve holdings.
  ● Erosion of dollar hegemony — Weakness in key Western states may accelerate de-dollarization: new payment rails, reserve currencies, and credit systems.

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Why This Matters / Key Takeaway

Governments are buckling not merely because of policy mistakes — they're being strained by structural contradictions of the old world order.
As traditional powers falter, the spaces open for new financial architectures and regional blocs that bypass legacy systems.

When governments fall, it's not chaos — it's the unraveling of an order being replaced.

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

@ Newshounds News™ Exclusive

Sources & Further Reading
• Reuters 
• The Guardian 
• Reuters
• Al Jazeera
• Le Monde.fr
• Wikipedia

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Elon Musk Warns of “Judicial Tyranny”: A Crisis of Democracy and Global Governance

When unelected judges can block elected leaders, the balance of power—and public trust—begins to fracture.

Judicial Power and Executive Paralysis in the U.S.

Elon Musk has ignited fierce debate after warning that America may be facing a “tyranny of the judiciary.”

“If ANY judge ANYWHERE can block EVERY Presidential order EVERYWHERE, we do NOT have democracy — we have TYRANNY of the JUDICIARY,” Musk posted.

The comment followed a wave of legal challenges to President Trump’s executive orders, with multiple federal judges issuing nationwide injunctions. Musk’s point: when a single unelected judge can halt an elected leader’s policy across all fifty states, the balance of power collapses.

Supporters of Musk’s view argue that judicial overreach undermines the will of the voters and stalls government function. Critics counter that these injunctions are a vital safeguard—especially when executive orders risk overstepping constitutional bounds.

Yet the deeper issue Musk highlights goes beyond politics. It speaks to the erosion of executive authority and the increasing rule of unelected arbiters in systems meant to be democratic.

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Global Echoes: Courts Challenging Leaders Abroad

This judicial tension is not uniquely American. Across the world, similar clashes are emerging:

• Europe: National governments from France to Italy have seen immigration, climate, and trade policies blocked or rewritten by EU courts and domestic tribunals.

• Israel: Massive protests erupted in 2024 over proposed judicial reforms, as citizens and leaders fought over whether courts should have power to strike down laws passed by elected officials.

• Asia and Latin America: In nations like Pakistan and Brazil, courts have intervened to freeze reforms, budgets, or even electoral outcomes—raising questions about democratic legitimacy and elite control.

In every case, unelected institutions are increasingly steering national destiny, often overriding voter mandates. What Musk calls “judicial tyranny” reflects a broader global trend—the weakening of executive governance in favor of institutional gatekeepers.

The Deeper Shift: Institutional Fragmentation and Distrust

The struggle between judiciary and executive branches signals a deeper fracture—the loss of public confidence in the very systems meant to protect democracy.

• Citizens feel disempowered when court rulings override their votes.

• Leaders feel paralyzed by legal walls built to prevent decisive governance.

• Economies and foreign policy stall as institutional conflicts multiply.

This isn’t merely about courtrooms and constitutions. It’s about the architecture of power shifting in real time—from elected bodies toward bureaucratic, legal, and financial arbiters who answer to few.

As trust collapses, nations turn inward or toward parallel systems—digital, financial, or geopolitical—to regain control. That shift is now evident across Western democracies, BRICS nations, and global markets.

Why This Matters

Elon Musk’s warning lands at a pivotal moment. Whether one agrees with his phrasing or not, his core message resonates worldwide: when authority becomes fragmented and unelected institutions dictate outcomes, democracy itself becomes performative.

These growing fractures don’t just shape politics—they reshape economies, currency systems, and global alignments.

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

@ Newshounds News™ Exclusive

Sources:
• Fox News: Musk blasts judges for blocking Trump’s executive orders
• Pacific Legal Foundation: Trump and Musk wrong to threaten judges with impeachment
• Reuters: Musk, Trump allies ratchet up rhetoric against judiciary

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Iran Approves Currency Redenomination: Removing Zeros as a Signal of Reset

In the midst of sanctions and economic collapse, Iran is cutting four zeros from the rial — a calculated step toward restoring confidence amid deep structural stress.

What the Reform Entails

  ● Parliament greenlighted removing four zeros, converting 10,000 old rials into 1 new unit (toman or renamed rial) over a multi-year transition. 
  ● The central bank has up to two years to prepare, followed by a three-year dual-currency period where old and new notes coexist. 
  ● Inflation has chipped away at the rial’s utility — it traded at roughly 1,150,000 rials per U.S. dollar, making ordinary transactions cumbersome. 

While the move simplifies accounting and daily commerce, critics warn it is superficial unless anchored in real macroeconomic change. 

Why Iran Is Pushing This Now

• Sanctions and economic isolation have pushed the rial into collapse; redenomination is partly an attempt at a psychological reset.

• The reform comes as Tehran seeks to reenter global finance and present a cleaner monetary posture ahead of potential diplomatic openings.

• In 2025, Iran also took steps toward joining global financial crime conventions to exit blacklist status. 

Yet the central tension remains: relabeling numbers won’t stop inflation nor repair structural deficits.

Are Others Following Suit? Iraq & Beyond

• Iraq has floated the idea of removing zeros in the past to simplify transactions, though no official plan has advanced recently. 

• The Iraqi Central Bank has also reduced the supply of dinars recently, a smaller action hinting at internal monetary prudence. 

• Nigeria redesigned its naira in 2022 to curb counterfeit usage, though not a zero-cut.

• In Syria, reports suggest considerations to drop zeros from the pound, though nothing official has been confirmed. 

None of these cases, however, are as drastic as Iran’s plan — and none (yet) carry the same geopolitical weight.

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How This Fits Into the Global Restructuring

• Redenomination is a powerful signal in a world where monetary legitimacy is fracturing — as governments seek to reclaim sovereignty over broken currencies.

• In China, India, and BRICS states, alternative reserve strategies (gold, digital currencies) are being built. Iran’s move fits into the broader vision of decentralizing fiat dominance.

• If the U.S. dollar’s dominance weakens, more states may see redenomination as a reset tool — but only if they control the underlying fiscal and monetary levers.

When a country changes its currency’s expression, it’s not just form over function — it’s a push against inherited systems.

Why This Matters / Key Takeaway

Iran’s approved zero-cut is more than cosmetic. It’s a bold statement of intent — that the old arithmetic, the old system, is no longer viable.

For the change to stick, Iran must tackle inflation, liquidity, sanctions, and structural reforms. Without that, the new currency may be just a veneer.

As Iran steps toward this reset, the ripple effect could reach nations struggling under heavy debt, weak fiat, or external pressure — giving them a playbook for monetary autonomy.

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

@ Newshounds News™ Exclusive

Sources:
• Reuters – Iranian parliament approves currency redenomination 
• AlEstiklal – Removing Four Zeros: What It Means 
• Reuters – Iran takes step toward financial watchdog compliance 
• Iraq Business News – Iraq revaluation talks and surveys 
• Iraq Business News – Reduced issuance of Iraqi dinars 
• Wikipedia – Iranian rial history & redenomination proposals 

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Follow the Gold/Silver Rate COMEX

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Seeds of Wisdom Team™ Website
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MilitiaMan and Crew: IQD News Update-Iran-Borders-Deletion Zeros-Global Timing

MilitiaMan and Crew: IQD News Update-Iran-Borders-Deletion Zeros-Global Timing

10-5-2025

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=XM9dVmekL_k

Iraq Economic News and Points To Ponder Sunday Afternoon 10-5-25

Gold Prices Rise Slightly In Baghdad Markets.

Money and Business   Economy News – Baghdad   Iraqi and foreign gold prices saw a slight increase on the Baghdad Stock Exchange today, Saturday.

Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price of one mithqal of 21 karat Gulf, Turkish and European gold at 775 thousand dinars, and a purchase price of 771 thousand, while last Thursday’s prices recorded 772 thousand dinars.

Mawazine News – Baghdad   : The dollar exchange rate stabilized in local markets in the capital, Baghdad, on Sunday.   The selling price reached 142,500 dinars per $100, while the buying price reached 140,500 dinars per $100.   https://www.mawazin.net/Details.aspx?jimare=267834

Iraqi Oil Exports To The US Exceed 4 Million Barrels Despite The Decline.

Economy | 10:42 - 05/10/2025   Mawazine News - Follow-up  The U.S. Energy Information Administration announced that Iraq's crude oil exports to the United States amounted to more than 4.2 million barrels during September, down from about 7.9 million barrels in August.

The administration explained that Iraq ranked sixth among the largest exporters to the United States and second among Arab countries after Saudi Arabia, whose exports amounted to 7.29 million barrels, while Libya ranked third with 3.03 million barrels.    https://www.mawazin.net/Details.aspx?jimare=267833

Decline In Iraqi Market Indices, With Trading Worth 777 Million Dinars

Stock Exchange  Economy News – Baghdad   The Iraq Stock Exchange recorded a slight decline in the general index during today's session, Sunday.   The ISX 60 closed at 965.71 points, down 0.15%, or 1.44 points.

The ISX 15 index also fell to 1,128.13 points, compared to the previous close of 1,131.26 points, recording a decrease of -0.28%, equivalent to 3.13 points.   The trading value of traded shares exceeded 777 million dinars through the listing of 979 transactions.    https://economy-news.net/content.php?id=60762

OPEC+ Countries Decide To Increase Oil Production By 137,000 Barrels Per Day.

Buratha News Agency802025-10-05    The eight OPEC+ member states announced they had agreed to raise their oil production ceiling for November by 137,000 barrels per day compared to October.

This decision was made at a virtual meeting held on Sunday by OPEC+ member states that had previously voluntarily reduced their production: Russia, Saudi Arabia, Iraq, Kazakhstan, Kuwait, the United Arab Emirates, Oman, and Algeria.

According to the meeting's results, Kazakhstan will be able to increase its oil production in November to 1.563 million barrels per day, while Iraq's production will rise to 4.255 million barrels per day.

Russia will increase oil production in November by 41,000 barrels per day, reaching 9.532 million barrels per day, while Saudi Arabia's production will rise to 10.061 million barrels per day.

OPEC+ said in a statement: "Given the strong global economic outlook and current favorable market conditions, reflected in declining oil inventories, the eight participating countries have decided to adjust their production by 137,000 barrels per day, compared to the additional voluntary cuts of 1.65 million barrels per day announced in April 2023. This adjustment will be implemented in November 2025."

The statement indicated that the countries will continue to assess market conditions and reiterated the importance of adopting a cautious approach and maintaining full flexibility – as participants can suspend or cancel oil production increases, including lifting the voluntary 2.2 million barrels per day cap.  The next meeting of the eight member states is scheduled for November 2.   http://burathanews.com/arabic/economic/466075

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

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

Good Afternoon Dinar Recaps,

Central Banks Prepare for BRICS Gold Standard Amid Dollar Distrust

As dollar confidence wanes, central banks are accumulating gold and laying the infrastructure for a new monetary paradigm.

Record Accumulation Signals a Shift

  ● In 2024, central banks globally added over 1,000 tonnes of gold, a rate not seen in recent history.
  ● Even Western institutions are reacting: Germany and Italy are reconsidering the safety of storing their gold overseas (in New York or London). 
  ● Some nations (e.g. China, Nigeria) are actively repatriating bullion stored abroad, reflecting concerns about access and control. 

These moves aren’t mere hedges — they’re strategic repositioning in a world where reserve assets can be politicized.

Gold-Backed Settlement & Payment Infrastructure

  ● BRICS Pay and other gold-settlement systems are being envisioned to bypass dollar-based infrastructure. 
  ● Some energy trades among BRICS nations are already settled partly in gold — a practical testing ground for a broader gold-backed model. 
  ● These systems won’t appear overnight, but parallel rails and architecture are being built system by system, not by sudden leaps. 

Gold has advantages: no counterparty risk, no political strings, immunity from permissioned interference.

Strategic Positioning Across Major Economies

  ● Russia, China, India, and other central banks are boosting gold reserves to reinforce their financial sovereignty. 
  ● Gold has overtaken the euro in terms of reserve share in some central bank portfolios, signaling shifting trust in fiat assets. 
  ● This is defensive more than speculative — central banks are preparing for fractures in the dollar system, not necessarily rallying behind gold’s price. 

Challenges & Realism in the Transition

  ● Not all BRICS or allied states will join a full gold standard — many prefer hybrid systems and gradual adoption. 
  ● Brazil’s central bank director has cautioned that BRICS doesn’t currently hold assets large enough to overtly rival the dollar in the near future. 
  ● Trust, liquidity, legal frameworks, and gold distribution logistics remain major obstacles.

These structural challenges mean any shift will unfold gradually — not overnight — but intention and groundwork are clear.

Why This Matters / Key Takeaway

Central banks are no longer passively managing gold — they’re actively repositioning reserves and building infrastructure for alternatives to the dollar-based order.

• The accumulation of gold is more than preservation — it’s control over assets that can’t be seized or blocked.

• Parallel payment systems backed by gold challenge the old fiat-led hierarchy.

• Capital will gravitate to those rails and institutions that offer reliability and sovereignty

This evolution points to a future where power over money, trade, and credit is redistributed — and the question isn’t if, but when, the new order consolidates.

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

@ Newshounds News™ Exclusive

Sources & Additional Readings
• Watcher.Guru – Central Banks Prepare for BRICS Gold Standard Amid Dollar Distrust
• GoldCore – The World Quietly Preparing for a Gold-Backed BRICS Currency
• InvestingNews – How Would a New BRICS Currency Affect the U.S. Dollar?
• Reuters – Brazil Central Bank Says No BRICS Asset Pile Big Enough to Rival Dollar

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website
Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Sunday Morning 10-5-25

Economist: Controlling Exchange Rates Is The Responsibility Of The Central Bank, And The Challenges Facing Banks Continue.
 
Time: 2025/10/03 16:11:39 Reading: 90 times  Economic: Al Furat News} Economic expert Salah Nouri affirmed on Friday that the   financial system and exchange rate control    are among the primary responsibilities of the Central Bank of Iraq,         noting that the bank faces numerous challenges in this area. 

Nouri told Al Furat News Agency, "The Central Bank faces challenges in light of the fact that  many private banks operate outside    its     controls and  conditions, in addition to the   conditions set by the US Federal Reserve    regarding foreign currency transfers."

He added, "Controlling exchange rates in the parallel market    is difficult to completely eliminate.

Rather, the solution lies in    reducing price fluctuations  through the flexibility of the central bank's tools     in response to global fluctuations."

 Nouri continued, "Private banks'   response and   adaptation to the Central Bank's lending instructions    contributes to revitalizing the Iraqi economy.

" He explained that  "the instructions for   external financial transfers for import purposes  are similar to the US Federal Reserve's procedures in this area,   which requires private banks to ully   adapt and   comply    with the Central Bank's instructions."    https://alforatnews.iq/news/خبير-اقتصادي-ضبط-أسعار-الصرف-من-مهام-البنك-المركزي-وتحديات-المصارف-مستمرة    

Revealing US Efforts To Ensure Continued Kurdistan Oil Exports
 
October 3, 2025  Washington / Iraq Observer follow-up   The Trump administration is working to ensure continued oil exports from northern Iraq— resumed after a two-year hiatus—in the long termto support the country's economy,generate gains for American companies, andcounter Iran's influence in the region.
 
According to a report published by the Asharq Al-Awsat website, the United States is focused on    ensuring the  implementation of the oil export agreement and   fulfilling its financial obligations,   according to a senior US State Department official    who requested anonymity due to the confidentiality of the talks. The official added that
 
Washington has been working over the past weeks to bring    international oil companies   together with the    Iraqi and   Kurdish governments,  an effort that included hundreds of phone calls and meetings     that paved the way for reaching the agreement.
 
The United States' role in    resuming shipments through the pipeline    to Turkey's Mediterranean coast    also enhances the agreement's long-term sustainability.
 

The current agreement is only valid until the end of the year,    during which the parties are scheduled to hold talks on the companies' dues,  amounting to hundreds of millions of dollars,    while Türkiye is pushing for new terms for the transportation of crude.
 
Secretary of State Marco Rubio explained last week in a post on the X platform hat  the agreement “will deliver tangible benefits to both   Americans and  Iraqis,   while reaffirming Iraq’s sovereignty.”
 
According to Iraqi and Kurdish officials,US pressure was a decisive factor in reaching the export agreement, and Washington is now    seeking to transform it into a long-term agreement    that also protects the interests of American companies.      https://observeriraq.net/الكشف-عن-سعي-امريكي-لضمان-استمرار-صادر/ 

UN Warns Of Iraq's Reliance On Oil To Secure Salaries
 
October 4, 2025  New York / Iraq Observer follow-up  The United Nations Development Programme warned on Saturday that Iraq's continued dependence on oil to secure salaries.
 
"The Iraqi state's    near-total dependence on oil and the    salaries of 8 million government employees   is hampering any real path to sustainable development,"
 
said Abdullah Al-Dardari, Assistant Secretary-General of the United Nations,
Assistant Administrator and Director of the Regional Bureau for Arab States at the United Nations Development Programme.
 
He called for"investment in    infrastructure,    agriculture,    renewable energy, and    technology    as essential pillars of economic diversification."       https://observeriraq.net/تحذير-اممي-من-اعتماد-العراق-على-النفط-ب/

Oil Minister: More Than One Million Barrels Have Been Received From The Region So Far.

Saturday, October 4, 2025, | Economics Number of reads: 245  Baghdad / NINA / Oil Minister Hayan Abdul Ghani announced, on Saturday, the receipt of more than one million barrels from the region so far, while confirming the loading of the first tanker with the region's oil into the port of Ceyhan.

Abdul Ghani said, according to the official agency: "Several days ago, the process of pumping oil from the Kurdistan region towards the port of Ceyhan was resumed via the Iraqi-Turkish pipeline after a halt of more than two years for this pipeline," noting that "for the first time, the federal government receives oil produced in the region and undertakes the process of exporting it outside Iraq." He added that "the quantities received so far have reached more than one million barrels." / End

https://ninanews.com/Website/News/Details?key=1255216

Iraq Jawad Al-Samarraie October 4, 2025 Mohammed Najjar, Advisor To The Prime Minister And Executive Director Of The Iraq Development Fund
 
Baghdad (IraqiNews.com) – The economic study for Iraq’s ambitious Development Road project is complete,revealing highly promising results, including a forecast of 1.6 million new job opportunities.
 
The CEO of the Iraq Development Fund, Mohammed Al-Najjar,     announced today,Friday (October 3, 2025), that the strategic corridor is projected to attract up to $150 billion in investments    over the next three decades,  a sum expected to match or exceed Iraq’s oil revenues.

Al-Najjar affirmed that the Development Road represents the strategic core of Iraq’s Vision 2050, aiming    to transform the country        from a landlocked state        into a global economic corridor.

He noted that the project is not just a transport route  but a comprehensive strategic channel comprising  railways,  dry ads,    pipelines for oil, gas,    electricity, and    internet, along with the    establishment of new economic cities.

The project is now entering its execution phase, with the    next step being an international ministerial meeting to brief partner countries        on the completed technical and economic studies.
 
Al-Najjar confirmed that the economic assessment by the consulting firm Oliver Wyman is finalized,
    revealing the massive job creation potential.
 
Following the ministerial meeting,    the study will receive final approval,    followed by the launch of a major campaign to invite international investors.
 
Al-Najjar stressed that international interest in the project has significantly increased.
 
He disclosed that  specialized global infrastructure funds and the    European Union   have submitted formal requests to participate.
 
The next steps also include establishing two key entities:   a commercial company to handle the project’s business aspects and    a governmental body to manage its sovereign affairs.
 
The entire 1,200-kilometer project will officially commence once the Grand Faw Port enters service, marking the primary starting point for the new global trade route.   
https://www.iraqinews.com/iraq/development-road-project-1-6-million-jobs-150-billion-investment/    

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

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

  ● 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."  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

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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"" 

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.

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

~~~~~~~~~

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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."  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

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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!!!  

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

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  Iraqi Gulf 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