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

Good Morning Dinar Recaps,

U.S.–Canada Trade Rift Exposes Cracks in Western Unity

Alliance fatigue and economic nationalism test the post-WWII trade framework.

The suspension of U.S.–Canada trade talks this week underscores a deeper fracture within the Western economic order. What began as a dispute over a provincial ad campaign has now escalated into a full-blown diplomatic standoff, threatening a $1.3 trillion trade relationship that anchors the North American economy.

Good Morning Dinar Recaps,

U.S.–Canada Trade Rift Exposes Cracks in Western Unity

Alliance fatigue and economic nationalism test the post-WWII trade framework.

The suspension of U.S.–Canada trade talks this week underscores a deeper fracture within the Western economic order. What began as a dispute over a provincial ad campaign has now escalated into a full-blown diplomatic standoff, threatening a $1.3 trillion trade relationship that anchors the North American economy.

The Financial Times reports that Washington’s abrupt halt to discussions reflects growing “strategic fatigue” between allied economies over subsidies, tariffs, and digital-trade sovereignty. Beneath the surface, the rift reveals how trusted Western partners are repositioning amid an increasingly multipolar global structure.

  • Economic nationalism is resurging even among allies, eroding confidence in legacy trade agreements.

  • Digital sovereignty is becoming a battleground—each nation seeks control over data, payment systems, and energy grids.

  • Alternative trade channels (such as BRICS settlements and bilateral tokenized-asset exchanges) are quietly expanding in parallel.

Viewed through the lens of the global reset, this tension shows how the Western bloc’s internal coherence is unraveling. The weakening of U.S. trade dominance—even among its closest partners—could accelerate fragmented trade zones, digital reserve systems, and cross-bloc monetary innovation.

Implication: The end of Western trade uniformity may catalyze the birth of a decentralized global trade and payment architecture, a critical step toward the coming financial realignment.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

~~~~~~~~~

IMF & BIS Warning: Saudi Arabia’s Vision 2030 Hits the Fault Lines of the Global Reset

Petrodollar fatigue meets systemic liquidity stress as global finance enters its next phase.

Saudi Arabia’s grand economic transformation — Vision 2030 — is confronting a critical juncture that both the IMF and Bank for International Settlements (BIS) now describe as emblematic of “emerging fault lines” in global liquidity and sovereign debt systems.
As reported by Reuters, Riyadh’s once-celebrated megaprojects face delays, funding shortfalls, and reduced foreign capital inflows, while the cost of borrowing rises amid tighter global financial conditions.

The BIS’s latest quarterly review notes that “energy-exporting economies are facing a dual liquidity trap,” balancing falling oil revenues with growing domestic debt issuance. The IMF’s Global Financial Stability Report echoes that sentiment, warning that petrodollar-linked economies are now “structurally exposed to a post-dollar world.”

  • Oil-backed growth is stalling: Lower revenues and rising U.S. tariffs are straining Saudi fiscal policy.

  • Capital markets are fragmenting: Sovereign wealth funds are quietly reallocating into BRICS-linked commodities and digital settlements.

  • Riyadh’s debt dependence now mirrors broader emerging-market vulnerabilities that the BIS classifies as “pre-reset indicators.”

This is more than an energy story—it’s the unraveling of the dollar-based liquidity architecture.
As petrodollar flows weaken and digital commodity-backed trade grows, Saudi Arabia’s financial system has become the test case for the transition from centralized dollar liquidity to a multipolar reserve ecosystem.

Implication:
The Saudi financial squeeze isn’t isolated; it marks the visible edge of the global reset, where traditional energy economies, U.S. rate policy, and BRICS commodity integration intersect to reshape the next global monetary order.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

~~~~~~~~~

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

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Iraq Economic News and Points To Ponder Friday Morning 10-24-25

A British Report Reveals The Need To Modernize The Banking System In Iraq

Economy | 10/23/2025  Mawazine News – Baghdad  The English-language magazine "Global Finance" revealed that economic diversification in Iraq is limited, considering that modernizing the "backward" banking system is a priority for the country.

The magazine stated in a report on the performance of central banks in the Middle East that "Iraq's GDP growth is expected to recover in 2025 after two consecutive years of recession, driven primarily by a recovery in oil production," noting that "the economy remains heavily dependent on hydrocarbons, which constitute 95% of government revenues, making it vulnerable to fluctuations in global oil prices."

A British Report Reveals The Need To Modernize The Banking System In Iraq

Economy | 10/23/2025  Mawazine News – Baghdad  The English-language magazine "Global Finance" revealed that economic diversification in Iraq is limited, considering that modernizing the "backward" banking system is a priority for the country.

The magazine stated in a report on the performance of central banks in the Middle East that "Iraq's GDP growth is expected to recover in 2025 after two consecutive years of recession, driven primarily by a recovery in oil production," noting that "the economy remains heavily dependent on hydrocarbons, which constitute 95% of government revenues, making it vulnerable to fluctuations in global oil prices."

It added that "although economic diversification has been on the agenda for a long time, real progress has been limited. In response, the Central Bank of Iraq is promoting what it describes as "developmental central banking," focusing on directing credit toward strategic sectors, such as agriculture and industry, to expand the country's economic base."

The report explained that "modernizing Iraq's backward banking system is another priority. Reforms are underway in state-owned banks, alongside initiatives aimed at reducing the use of cash."

In May 2024, new regulations were issued for digital banks and electronic payment companies, prompting several new players to enter the market.

According to the report, "Despite efforts to combat money laundering and terrorist financing, the Central Bank still faces severe compliance challenges, and many Iraqi banks remain restricted to dollar transactions due to concerns about illicit financial flows to sanctioned entities."

The magazine noted in its report that "in early 2025, authorities uncovered a new scheme involving Visa and Mastercard prepaid products used to transfer funds to Iranian-backed militias. In response, the Central Bank of Iraq set a monthly cross-border transfer cap of $300 million and capped individual cardholder transactions at $5,000."
https://www.mawazin.net/Details.aspx?jimare=268978

Government Advisor: Iraq's Foreign Exchange Reserves Exceed $100 Billion

Economy | 04:48 - 10/23/2025  Mawazine News - Baghdad -  The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed that Iraq's external debt is at its lowest levels compared to many neighboring countries.

Salih said in a statement to the official agency that "the general indicators of the Iraqi economy have witnessed improvement over the past two years, thanks to a number of interconnected factors, the most important of which is the relative stability in oil revenues at acceptable levels, which provided a stable funding base for the general budget, and improved management of public spending by re-prioritizing reconstruction and infrastructure projects, and focusing on the service and production sectors within the government program."

He added, "This came in addition to activating the financial and administrative reform tools launched by the Central Bank and the Ministry of Finance, whether through electronic payment systems, expanding the network of non-oil revenues, or controlling border crossings and customs through automation, in addition to stabilizing the exchange rate and controlling inflation within globally acceptable limits, which strengthened monetary and financial confidence in the national economy."

He continued, "The Prime Minister's assertion that the financial and economic situation is at its best reflects a significant improvement in the management of the financial cycle, and is a solid prelude to comprehensive structural improvement.

" He explained that "the national economy has demonstrated its ability to efficiently and transparently utilize its resources, and looks forward to establishing a sustainable development economy on solid foundations, particularly within the framework of the Development Road project."

He pointed out that, with regard to the decline in the fiscal deficit to 34 trillion dinars, this decline represents a noticeable shift from the annual deficit levels that were estimated between (60-64) trillion dinars annually.

He pointed out that “the current government’s total government debt did not exceed (34) trillion dinars during the past three years, as a result of gradual fiscal policies that can be summarized in three main mechanisms, the most important of which are:

increasing non-oil revenues by improving tax and customs collection through automation and preventing financial evasion, enhancing the capacity to collect fees for government and municipal services, controlling waste in public institutions, improving collection efficiency, rationalizing public spending by rationing unnecessary operating spending, setting priorities for initiating investment projects of productive and service importance, adopting the principle of “daily cash management” in spending, to reduce short-term debts, and enhancing internal liquidity by increasing reliance on internal borrowing when needed through local debt instruments (bonds, treasury transfers) instead of external financing.”

He explained that “this was accompanied by an increase in the Central Bank’s foreign currency reserves, which provided space Greater government finances through the dinar window, in addition to increased coordination between fiscal and monetary policy, ensuring sustainable financing without inflationary pressures.”

He stressed that “the reduction in the estimated deficit rates in General Budget Law No. (13) of 2023 (the three-year budget) was not only due to a significant increase in oil revenues, but also as a result of gradual reform in public finance management and improving cash flows between institutions.”

He continued, "The reading of the external debt in the Prime Minister's speech was technical and analytical, as the external debt did not exceed $13 billion, which is a very low level compared to many countries, including neighboring countries. This reflects that the external debt burden on Iraqi finances is limited, and that the structure of public debt is more inward-looking (in dinars) than outward-looking (in dollars)."

Saleh concluded by saying, "The frequent talk about the risk of external debt is often used in political or electoral contexts and does not reflect the true financial situation, especially since Iraq possesses foreign exchange reserves exceeding $100 billion at the Central Bank of Iraq, which cover the external debt many times over in terms of the internationally recognized foreign exchange reserve efficiency indicators." https://www.mawazin.net/Details.aspx?jimare=268983

  

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

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“Tidbits From TNT” Friday Morning 10-24-2025

TNT:

Tishwash:  Government: Iraq has foreign exchange reserves exceeding $100 billion, covering its external debt many times over.

The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Thursday that Iraq's external debt is at its lowest level compared to many neighboring countries.

Saleh said in a statement to the official agency, followed by (Al-Rabia): “The general indicators of the Iraqi economy have witnessed an improvement during the past two years, thanks to a number of intertwined factors

TNT:

Tishwash:  Government: Iraq has foreign exchange reserves exceeding $100 billion, covering its external debt many times over.

The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Thursday that Iraq's external debt is at its lowest level compared to many neighboring countries.

Saleh said in a statement to the official agency, followed by (Al-Rabia): “The general indicators of the Iraqi economy have witnessed an improvement during the past two years, thanks to a number of intertwined factors

The most important of which is the relative stability of oil revenues at acceptable levels, which provided a stable funding base for the general budget, and improved management of public spending by re-prioritizing reconstruction and infrastructure projects, and focusing on the service and production sectors within the government program.”

He added, "This came alongside the activation of financial and administrative reform tools launched by the Central Bank and the Ministry of Finance, whether through electronic payment systems, expanding the non-oil revenue network, or controlling border crossings and customs through automation, in addition to stabilizing the exchange rate and controlling inflation within globally acceptable limits, which has strengthened monetary and financial confidence in the national economy."  link

Tishwash: Iraq is preparing to launch an international conference to market investment opportunities on the path to development

The Iraq Fund for Development revealed its expectations that the volume of investments in the Development Road project will reach about (150) billion dollars, subject to increase in the coming years, stressing that the project constitutes a qualitative economic shift that will redraw the map of investment in Iraq and the region, and open new horizons of cooperation with international partners.

The head of the fund, Mohammed Al-Najjar, said, "Major changes are looming on the horizon for the Iraqi economy, with investments in the project expected to reach about (150) billion dollars, most of which are partnerships between Iraq and international companies within a safe and attractive investment environment."

He added, "The Fund is planning to launch an international investment conference to market the project, which may be held at Al-Faw Port or in the form of a global tour to present investment opportunities to governments, sovereign funds and major companies."

Al-Najjar pointed out that "the development road project includes an integrated economic system that includes transportation, industry, energy, agriculture, housing and logistics services, on an area of about (24) thousand square kilometers, which is equivalent to the area of Belgium, which allows the establishment of industrial and residential cities and modern production projects."

The head of the fund confirmed "the exclusion of any financial or financing obstacles, noting that the government has established an independent legal framework to manage the project, ensure transparency and protect investors' rights, while closely monitoring all specialized opportunities within the various sectors, including oil and gas, industry and agriculture." link

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

Tishwash:  The Swiss Embassy reopens in Baghdad after 30 years of closure: a step towards strengthening bilateral relations.

The Swiss embassy in Baghdad was officially reopened on Thursday, in the presence of Iraqi Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein and Swiss Foreign Minister Ignazio Cassis. The event was described as a turning point in relations between Iraq and Switzerland, after a three-decade hiatus.

The opening ceremony was attended by a number of senior Iraqi officials and members of the Swiss delegation. In his speech, Minister Fuad Hussein emphasized that this step reflects the international community's confidence in the stability Iraq is experiencing. It also paves the way for expanding political and economic cooperation and opening the doors to investment for Swiss companies in the Iraqi market.

For his part, Swiss Minister Ignazio Cassis welcomed the return of Swiss diplomatic representation to Iraq, stressing that his country views Iraq as an important partner in the region and that the opening of the embassy reflects Switzerland's commitment to supporting stability and development efforts in the Middle East.

This opening marks the culmination of a process of diplomatic rapprochement between the two countries and a step toward a more cooperative and partnership-based future.  link

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

Tishwash:  Al-Sudani: The government has achieved an economic transformation, with international accolades, in less than three years.

Prime Minister Mohammed Shia al-Sudani affirmed on Thursday that the Iraqi government has achieved a real economic transformation in less than three years, as attested by international institutions. He noted that the results of the reforms adopted will become clear in the coming years.

During his reception of sheikhs and dignitaries of the Al-Izirj clan in Baghdad, according to a statement from his media office, Al-Sudani said, “The results of the sixth parliamentary elections will either establish stability that preserves what has been achieved during this period, or lead to regression and squandering of the achievements.” He pointed out that “there are those who practice lying, deception, and distortion in an attempt to influence the achievements made and confuse the scene.”

He continued, "Our government came into office during difficult circumstances, and from the first day of its term, it began addressing citizens' needs and priorities." He noted that "the government took an important step in appointing graduates and securing permanent contracts and lecturers."

He pointed out that "the services file was a priority in our work through service efforts, completing stalled and suspended projects, and launching new projects in Baghdad and the governorates."

He added, "The ballot boxes will determine how the country will be run for the next four years, and voters must carefully choose who will represent them in the House of Representatives."

He pointed out that "we have preserved Iraq's security and stability, avoiding any emotional stances, while maintaining our principled position in support of the Palestinian cause."  link

Mot: Happened Again!!! – siigghhhhh 

Mot: Halloween in Yellowstone Park 

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Seeds of Wisdom RV and Economics Updates Thursday Evening 10-23-25

Good Evening Dinar Recaps,

Peace as Policy: Diplomacy and the Economics of a Global Reset

Cease-fires and summits are not just geopolitical optics — they are economic infrastructure for a new monetary order.

A series of diplomatic signals this week underscore how geopolitical stabilization is aligning with the financial restructuring now underway.

Good Evening Dinar Recaps,

Peace as Policy: Diplomacy and the Economics of a Global Reset

Cease-fires and summits are not just geopolitical optics — they are economic infrastructure for a new monetary order.

A series of diplomatic signals this week underscore how geopolitical stabilization is aligning with the financial restructuring now underway.

U.S. and BRICS nations are quietly building peace corridors — diplomatic frameworks that reduce risk and unlock capital flows for the next global financial phase.

  • Trump’s Budapest Summit Initiative—now slated for early November—will include envoys from Russia, Turkey, and Saudi Arabia, focusing on energy coordination and trade stabilization.

  • Turkey’s mediation in Gaza and India’s proposal for a neutral BRICS peace commission both aim to normalize regional trade channels.

  • At the same time, the IMF and BIS are promoting “cross-border liquidity frameworks” that could operate seamlessly once geopolitical tensions ease — suggesting policy synchronization between peace and finance.

Each diplomatic thaw creates the stability required for interoperable digital currencies, tokenized reserves, and commodity-backed settlement networks to function globally.
Peace, in this context, becomes a precondition for the financial reset — not its byproduct.

Implications:
The world’s emerging alliances appear less ideological and more infrastructural — geoeconomic partnerships designed to enable a new trade and currency architecture beyond the old dollarized order.
Diplomacy has become the operating system upgrade for global finance.

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


Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

~~~~~~~~~

India at the Crossroads: BRICS, Quad, and the Architecture of a Dual Financial Order

As global alliances fracture and converge, India’s decision may determine which system defines the next world economy.

India stands today at the geopolitical and financial crossroads of the emerging global order.
At this week’s ASEAN Summit in Kuala Lumpur (October 26–28), Prime Minister Narendra Modi faces the delicate task of navigating between two rival economic frameworks — BRICS and the Quad.

Each represents a competing vision for the future of finance:

  • BRICS is advancing a gold- and commodity-backed digital payments network aimed at reducing dependence on the dollar.

  • The Quad, led by the U.S., Japan, and Australia, is reinforcing a tokenized, dollar-based architecture aligned with IMF and BIS digital standards.

Reports from Watcher.Guru and Reuters suggest that India’s participation in both systems is increasingly difficult as U.S. trade tariffs, BRICS currency plans, and Iran’s inclusion test New Delhi’s neutrality. If India tilts toward BRICS, it could accelerate the formation of a parallel financial network centered on resource-backed trade. If it sides with the Quad, it strengthens the digitally centralized Western framework built around tokenized dollars and allied liquidity corridors.

Implications:
India’s balancing act is more than diplomatic — it’s structural. The outcome could determine whether the next global reset takes form as a divided multipolar system or an interoperable hybrid order linking East and West through digital and asset-backed mechanisms.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

~~~~~~~~~

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

Read More
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Iraq Economic News and Points To Ponder Thursday Afternoon 10-23-25

 Iraq Economic News and Points To Ponder Thursday Afternoon 10-23-25

The Dollar Price Stabilized In Local Markets With The Closing Of The Stock Exchange.

Thursday, October 23, 2025, 5:01 PM | Economics Number of readings: 138  Baghdad / NINA / The exchange rates of the dollar stabilized against the dinar, Thursday afternoon, in Baghdad markets, with the closing of the stock exchange.

The dollar prices witnessed stability in the Al-Kifah and Al-Harithiya stock exchanges, recording 141,400 dinars for $100, the same prices recorded this morning.

 Iraq Economic News and Points To Ponder Thursday Afternoon 10-23-25

The Dollar Price Stabilized In Local Markets With The Closing Of The Stock Exchange.

Thursday, October 23, 2025, 5:01 PM | Economics Number of readings: 138  Baghdad / NINA / The exchange rates of the dollar stabilized against the dinar, Thursday afternoon, in Baghdad markets, with the closing of the stock exchange.

The dollar prices witnessed stability in the Al-Kifah and Al-Harithiya stock exchanges, recording 141,400 dinars for $100, the same prices recorded this morning.

The selling prices in exchange shops and local markets stabilized in Baghdad, where the selling price reached 142,500 dinars for $100, while the purchase price reached 140,500 dinars for $100.

In Erbil, the dollar also stabilized, where the selling price reached 141,200 dinars for every $100, and the purchase price reached 141,075 dinars for $100. /End  https://ninanews.com/Website/News/Details?key=1258437

Al-Nusairi: Strengthening And Continuing The Implementation Of The Economic Reform Methodology Is A Central Goal After The Elections.

Banks   Economy News – Baghdad  Economic and banking advisor Samir Al-Nusairi explained on Thursday that in light of the current circumstances, amid the democratic movement, preparations for the upcoming elections, and the economic challenges facing our beloved country, it is necessary to develop a methodology for post-election economic reform that reinforces and continues the economic reform process initiated by successive previous governments, particularly what the current government has undertaken since 2023 in all economic sectors, with a focus on financial and banking reform in cooperation with the Central Bank and international consulting firms.

Al-Nusairi said in an interview with Al-Eqtisad News that the Iraqi economy, through study, analysis, capabilities, and available factors, can overcome imbalances and deviations in the economic structure and achieve balanced and diversified economic and structural reforms for the economy, while insisting on overcoming the objective and subjective economic conditions that the country is experiencing after the elections. Al-Nusairi promised to stimulate, encourage, and support the private sector in accordance with the vision of the Private Sector Development Strategy (2014-2030), which is based on Article 25 of the Constitution, which stipulates (the development of a vital and prosperous national private sector that is locally proactive, regionally competitive, and globally integrated) with the aim of achieving economic diversification, sustainable development, and job creation with the necessary and appropriate steps.

He pointed out the necessity of abandoning the rentier economy, which relies on 93% of oil revenues and constitutes 60% of the gross domestic product, and developing and revolutionizing other vital economic sectors, including agriculture, industry, and tourism, through restructuring state-owned industries, a gradual shift towards the private sector, and encouraging partnerships with local and foreign investors, in addition to reviewing the legislative environment for industrial operations and providing the infrastructure to secure the requirements of the work environment, and expanding the establishment of industrial zones.

He added that improving agricultural production and livestock, providing effective supplies and treatments for fields and farms, maintaining irrigation and drainage projects, supporting agricultural products for export, improving seed quality, and ensuring state prices, as well as supporting entrepreneurship, providing support for small and medium-sized enterprises, and granting soft loans, are all essential components for economic resilience and recovery.

He stressed the need to address the ongoing delay in preparing the general budget and commit to submitting it to the House of Representatives by the date specified in the Financial Management Law, approving it, and issuing its law by early 2026, while emphasizing the completion of the final accounts for previous years and submitting them to the new House of Representatives.

He explained that the country possesses the elements of resilience and economic progress, represented by its possession of the fourth-largest oil reserves in the world, exceeding 150 billion barrels, vast arable agricultural areas, young human resources capable of working, and experts in economics and finance with academic and executive experience, which can lead Iraq to recovery by providing a suitable work environment and securing an investment climate that encourages private capital and contributes to economic development, and stimulating and encouraging the real sector.

Al-Nusairi concluded his speech by pointing to the shortcomings of the legislative environment for managing the economy and the laws regulating economic activity, which were issued in 2004, which calls for reconsideration and making fundamental amendments to them in line with the new situation of managing the economy, international economic changes and their negative impact on the economic reality.
https://economy-news.net/content.php?id=61487

Oil Prices Rose 3% After US Sanctions On Russian Companies.

economy | 08:20 - 10/23/2025   Mawazine News – Economy   Oil prices jumped about 2.5% on Thursday, extending gains from the previous session amid renewed supply concerns after the United States imposed sanctions on major Russian oil companies Rosneft and Lukoil over the conflict in Ukraine.

Brent crude futures rose $1.56, or 2.49%, to $64.15 by 03:03 GMT. U.S. West Texas Intermediate (WTI) crude futures rose $1.53, or 2.62%, to $60.03.

The United States expressed its readiness to take further action and urged Moscow to immediately agree to a ceasefire in the Russian war in Ukraine. U.S. President Donald Trump has resisted pressure from members of Congress to impose energy sanctions for months, hoping Russia would agree to end the fighting in Ukraine.

But with no end in sight, he said he felt the time had come. Britain imposed sanctions on Rosneft and Lukoil last week. Separately, European Union countries agreed on the 19th package of sanctions against Russia over the war, which includes a ban on imports of Russian liquefied natural gas.

“President Trump’s new sanctions on Russia’s largest oil companies are aimed at choking off the revenues the Kremlin is funding the war, a move that could lead to a reduction in the actual flow of Russian barrels,” said Priyanka Sachdeva, market analyst at Philip Nova.

 Immediately after the US sanctions were announced, Brent and WTI crude futures rose by more than $2 a barrel, also supported by a surprise drop in US inventories. But market skepticism about whether the US sanctions would actually lead to a fundamental shift in supply limited oil’s gains.   https://www.mawazin.net/Details.aspx?jimare=268954

Gold Prices Rebound Amid Rising Geopolitical Tensions And Anticipation Of US Inflation Data.

Thursday, October 23, 2025, | Economics Number of reads: 183 Baghdad/ NINA / Gold prices rebounded after declining in the previous session, driven by rising geopolitical risks amid US sanctions on Russia and the possibility of additional restrictions on Chinese exports, while investors are awaiting US inflation data for fresh clues on the path of interest rates.

Spot gold rose 0.7 percent to $4,123.39 per ounce.

US gold futures for December delivery rose 1.8 percent to $4,138.10 per ounce.

Gold prices have risen about 57 percent so far this year, reaching an all-time high of $4,381.21 last Monday, benefiting from geopolitical and economic uncertainty, bets on interest rate cuts, and continued buying by central banks.

As for other precious metals, spot silver rose 1.2 percent to $49.10 an ounce, platinum fell 1.1 percent to $1,603.70, and palladium fell 0.9 percent to $1,445.43. /End    https://ninanews.com/Website/News/Details?key=1258424

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

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Seeds of Wisdom RV and Economics Updates Thursday Afternoon 10-23-25

Good Afternoon Dinar Recaps,

Central Banks Turn to Gold as Trust in Paper Fades

Soaring bullion demand reveals growing unease with dollar liquidity and debt saturation.

Global markets are witnessing a decisive flight toward tangible value. The World Gold Council’s Q3 report shows an 18% surge in central bank gold purchases, led by China, Turkey, and India—nations central to the shifting axis of monetary power.

Good Afternoon Dinar Recaps,

Central Banks Turn to Gold as Trust in Paper Fades

Soaring bullion demand reveals growing unease with dollar liquidity and debt saturation.

Global markets are witnessing a decisive flight toward tangible value. The World Gold Council’s Q3 report shows an 18% surge in central bank gold purchases, led by China, Turkey, and India—nations central to the shifting axis of monetary power.

  • China’s official holdings now exceed 2,280 tonnes, while several BRICS-aligned states are quietly accumulating through sovereign funds and strategic reserves.

  • Silver and copper prices have also spiked amid supply disruptions and war-driven risk premiums, signaling stress across key industrial metals.

  • Analysts view this as more than hedging—it’s a confidence migration away from paper-based debt instruments toward hard collateral systems.

The pattern mirrors historic monetary transitions where nations move to anchor currencies in real assets ahead of systemic change. As liquidity pressures deepen, metal accumulation becomes both insurance and infrastructure—preparing for potential asset-backed settlements under new monetary frameworks.

Implications:
Gold’s re-emergence as a central monetary asset highlights waning trust in fiat solvency and the return of commodity-based credibility in international finance. This accumulation phase may serve as the bridge to a hybrid financial order, where digital systems meet physical anchors—the defining feature of a modernized gold-linked reset.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

~~~~~~~~~

IMF, BIS, and the Return of Real Value: Gold as the Digital Anchor

New reports hint that the foundations of the next monetary system may be tangible once again.

A quiet but significant policy pivot is underway at the International Monetary Fund (IMF) and the Bank for International Settlements (BIS).
Recent internal discussions and BIS briefings indicate growing support for “multi-asset reserve models” — systems that blend digital currency frameworks with physical asset collateral, particularly gold.

  • The IMF’s 2025 Digital Reserve Study highlights that a gold-linked digital settlement unit could “enhance confidence and liquidity during global restructuring phases.”

  • Meanwhile, the BIS Innovation Hub’s Project Aurum has begun simulations using tokenized gold as a reserve instrument for cross-border payments.

  • Several BRICS and G20 nations are reportedly exploring hybrid frameworks where tokenized fiat is partially backed by sovereign gold reserves, a model that merges old-world security with digital speed.

These initiatives suggest that the next monetary architecture may not abandon hard assets but re-anchor global liquidity in verifiable value.
Such a system would reduce fiat dependency and create a bridge between Western CBDCs and Eastern gold-backed payment rails — the foundation of a new, interoperable financial order.

Implications:
If successful, this shift could mark the first asset-based digital standard since 1971, restoring trust to global money and formalizing the structure of the post-dollar financial reset.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

~~~~~~~~~

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

Read More
Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Thursday 10-23-2025

TNT:

Tishwash:  Central Bank: The project to remove zeros from the dinar is still ongoing and is being planned.

 Central Bank Governor Ali Al-Alaq confirmed that the three-year budget "included very large expenditures and a high deficit," noting that the issue of removing zeros from the dinar may witness developments in the coming period.

On the sidelines of Al-Alaq's participation in the Duhok Conference on Economic and Financial Problems in Iraq and the Kurdistan Region, Al-Alaq said, "The budget for the three years included very large expenditures, which is why the deficit was high. However, there is ongoing coordination between the Central Bank and the Ministry of Finance to achieve a high degree of financial stability."

TNT:

Tishwash:  Central Bank: The project to remove zeros from the dinar is still ongoing and is being planned.

 Central Bank Governor Ali Al-Alaq confirmed that the three-year budget "included very large expenditures and a high deficit," noting that the issue of removing zeros from the dinar may witness developments in the coming period.

On the sidelines of Al-Alaq's participation in the Duhok Conference on Economic and Financial Problems in Iraq and the Kurdistan Region, Al-Alaq said, "The budget for the three years included very large expenditures, which is why the deficit was high. However, there is ongoing coordination between the Central Bank and the Ministry of Finance to achieve a high degree of financial stability."

He added, "The issue of removing zeros from the Iraqi currency is an ongoing project that is being planned, and we may hear developments regarding it in the coming period."

He pointed out that, "With the renewed proposal for the zero-removal project, which is currently being prepared, the currency denominations will be restructured in general, including the 20,000 denomination." link

Tishwash:  No obstacles in way of withdrawing oil revenues from US banks: Iraq 

The governor of the Central Bank of Iraq (CBI) said Wednesday there are no obstacles in the way of withdrawing oil revenues from US banks, amid recent reports that Washington has sanctioned tens of Iraqi banks due to alleged violations involving illegal dollar transactions.

 "There are no obstacles or barriers," Ali Alaq told Rudaw on the sidelines of the second scientific conference of the College of Administration and Economics at the University of Duhok. "We receive... US dollars daily and convert it directly to Iraqi dinars to meet the needs of the Ministry of Finance and pay those who are entitled to dollars in exchange for dinars."

 Iraq's oil revenues are deposited in US banks, namely the Federal Reserve, for the purpose of stabilizing Iraqi dinar, management of inflation, and several other critical reasons. The practice originated after the 2003 invasion under UN and US oversight.

 In August, Iraq Observatory reported that 35 of the 72 banks currently operating in Iraq have been sanctioned by the US due to alleged violations of illegal US dollar transactions.

 Oil revenue is Iraq’s main source of income, and the federal government relies on oil sales to cover its costs and pay the salaries of its civil servants.

 Iraq has generated an estimated revenue of $7.1 billion in August oil exports, reported the country's oil ministry.

 Issues around budget deficiencies

In June 2023, Iraq passed a three-year budget that included a record $152 billion in spending, allocating 12.6 percent to the Kurdistan Region.

"The three-year budget contains significant expenditures, which is why the deficit has increased," Alaq warned, adding there is, however, "coordination between the Ministry of Finance and the Central Bank to ensure greater financial stability."

He added there are "plans being implemented in coordination between the government and the Central Bank to establish a foundation for financial sustainability that will not face shortages and problems.

"The programs that the government and Central Bank are working on include increasing non-oil revenues to protect against the shocks that hit Iraq's economy.

"I believe there will be significant progress on this matter in the future. Financial sustainability is an important and fundamental goal that we are all working on."

Under Iraq's three-year budget plan for 2023-2025, it was decided that the federal government’s revenues and expenditures would follow a set framework, with the finance ministry preparing an updated revenue and expenditure table each year for parliamentary approval.

However, the 2025 budget table has yet to be submitted to Parliament. In practice, even when such tables are prepared, the figures often differ significantly from actual revenues and expenditures, as seen over the past two years.

Removing zeros from currency

Last week, the CBI announced plans to remove zeros from dinar, as part of efforts to strengthen the national currency. 

"The matter of removing zeros from the Iraqi currency is a project that still exists and is ongoing. We are planning for it, and in the future we will see progress on this matter," Alaq said.

Iraq’s national currency, the dinar, has recently demonstrated strong signs of recovery, with the market rate steadily approaching the official exchange rate of 1,320 IQD to the US dollar. After a turbulent period of volatility and speculation   link

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

Tishwash:  Nechirvan Barzani receives a message from Trump

US President Donald Trump expressed his thanks and appreciation to Kurdistan Region President Nechirvan Barzani for his efforts to promote peace and peaceful coexistence, and his endeavors to end conflicts in the Middle East.

The Kurdistan Region Presidency stated in a statement received by Shafaq News Agency on Wednesday evening that Barzani received a letter from the US President on Tuesday evening, thanking him for his efforts and endeavors to achieve peace. He also stressed the importance of ending disputes and tensions in the Middle East.

In his message, Trump emphasized that the nations of the world are capable of overcoming old differences and moving toward a shared future of peace, success, and progress.

The US President expressed his personal commitment and that of his administration to supporting efforts to achieve sustainable peace and end conflicts and violence in the region and the world.

He concluded his message by conveying his greetings and best wishes to the President of the Kurdistan Region, Nechirvan Barzani, and his family. link

Mot: Looking fir a New Trainer - any suggestions – siiiggghhhhh 

Mot: Warning!! - Never Turn Your Head!!! 

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Iraq Economic News and Points To Ponder Thursday Morning 10-23-25

Deposit Growth Declines And Cash Credit Rises In Iraq
 
Energy and Business   2025-10-22 Shafaq News – Baghdad   The Central Bank of Iraq reported on Wednesday a  decline in bank deposit growth,  while credit growth increased during July.
 
A bank statistic reviewed by Shafaq News Agency showed that total deposits at banks operating in Iraq decreased by 1% in July, reaching 116.265 trillion dinars,  compared to their value in June, which amounted to 117.439 trillion dinars

Deposit Growth Declines And Cash Credit Rises In Iraq
 
Energy and Business   2025-10-22 Shafaq News – Baghdad   The Central Bank of Iraq reported on Wednesday a  decline in bank deposit growth,  while credit growth increased during July.
 
A bank statistic reviewed by Shafaq News Agency showed that total deposits at banks operating in Iraq decreased by 1% in July, reaching 116.265 trillion dinars,  compared to their value in June, which amounted to 117.439 trillion dinars.

The bank added that central government deposits amounted to 36.22 trillion dinars,  while public institution deposits amounted to 25.442 trillion dinars,  and private sector deposits amounted to 54.595 trillion dinars.
 
The statistics indicated that credit growth increased by 2% in July, reaching 73.027 trillion dinars, compared to June, when credit growth reached 71.483 trillion dinars.
 
The bank explained that credit provided to the central government amounted to 25.77 trillion dinars,
 
while credit provided to public institutions amounted to 2.43 trillion dinars,  and credit provided to the private sector amounted to 44.827 trillion dinars.    https://shafaq.com/ar/اقتصـاد/تراجع-نمو-الودا-ع-وارتفاع-الا-تمان-النقدي-في-العراق

Al-Ghariri: Iraq's negotiations to join the World Trade Organization are ongoing.
 
Yesterday, 18:47  Baghdad – INA     Minister of Trade Athir Dawood Al-Ghariri confirmed on Monday that  Iraq's negotiations to join the World Trade Organization are ongoing, while  stating that regional cooperation and integration are the path to achieving   peace,   stability, and   sustainable development.
 
A statement by the Ministry of Trade received by the Iraqi News Agency (INA) stated:
 
"Minister of Trade Athir Dawood Al-Ghariri participated in the sixteenth session of the United Nations Conference on Trade and Development (UNCTAD), held in Geneva with broad participation from representatives of countries and international and regional organizations."
 
According to the statement, the minister affirmed that  "collective action and regional integration represent a fundamental pillar for building a more stable and equitable economic system in light of the transformations and challenges facing the world," emphasizing that  "open regional agreements can support the multilateral trading systemand promote sustainable development."

  Al-Ghariri pointed out that   "Iraq, which is continuing its negotiations to join the World Trade Organization, views regional initiatives as an opportunity to   enhance its institutional readiness and   align its legislative and investment frameworks,      enabling it to effectively integrate into the global economy."  

He explained that  "regional integration represents a pillar for development and reconstruction,  and that cooperation in the areas of   infrastructure,  simplifying customs procedures,   encouraging investment,   energy,  agriculture, and   services    contributes to   enhancing competitiveness and    diversifying the national economy."
 
At the end of his speech, the Minister praised UNCTAD's significant role  in supporting Iraq during its accession to the World Trade Organization,  stressing that "regional cooperation and integration are the path to achieving peace, stability, and sustainable development."       https://ina.iq/ar/economie/246099-.html    

An Economist Explains: Iraq Can Write Off 90% Of Its "Odious" Debt.
 
October 21, 2025   Baghdad/Iraq Observer  Today, economic expert Nabil Al-Marsoumi revealed new details regarding Iraq's foreign debt,asserting that  Iraq has the legal right to write off approximately 90% of these debts, which he considered "odious."

Al-Marsoumi explained, in a post on his official Facebook page, that  Iraq's total external debt amounts to $54 billion, of which $13.5 billion is active debt, on which the government is paying interest, and $40.5 billion is inactive debt owed to Gulf states, frozen without interest payments and unsettled since the 1990s.
 
He pointed out that the total amount of these debts does not exceed $18 billion,   of which $12 billion is owed to Saudi Arabia and $6 billion to Kuwait,  while the remaining claims represent a mixture of several components:
 
 1. Exporting oil to Iraq through the neutral zone between Saudi Arabia and Kuwait, at a quantity of 1.3 million barrels per day.
 
 2. Paying off Iraq's debts to others or guaranteeing loans, as Saudi Arabia helped the  previous government to boost its creditworthiness.
 
 3. Equipping Iraq with civilian and military means to serve the war effort, which were considered support rather than official loans.
 
 4. Providing facilities at Saudi and Kuwaiti ports and   exemptions from transit fees and customs clearance,    including the construction of a  pipeline to transport Iraqi oil through Saudi territory.
 
Al-Marsoumi emphasized that these components do not constitute legal debts unless there is a written agreement, and that the legal principle of odious debt allows for the  cancellation of obligations that are not used to serve the public.

He pointed out that the optimal solution to these debts lies in establishing an international arbitration court  to separate legal debts from odious debts, which would enable Iraq to pay only about 10% of the legal debts, and cancel the remainder, thus freeing the country from its large external debts.      https://observeriraq.net/خبير-اقتصادي-يوضح-بإمكان-العراق-إسقاط-9/    

 
Economist: Domestic Debt Is A Tragedy, And External Debt Is The Most Dangerous.
 
Economy   October 18, 19:09   Information / Special.. Economist Ahmed Abd Rabbuh confirmed on Saturday that Iraq's internal and external debts have reached alarming levels that   threaten the country's financial and economic stability.

He warned that continued borrowing without genuine financial reforms  will lead to a crisis of confidence between  citizens and    banking institutions.
 
In a statement to Al-Maalouma News Agency, Abdel Rabbo said,  "Domestic debts represent a true economic tragedy   because they are financed by the local banking system,    which weakens citizens' confidence in banks and   raises fears that their  balances or  savings  will be affected if the crisis worsens."

He explained that "external debts are the most dangerous   because they subject the country to external political and economic conditions  that limit its financial sovereignty."

 He added that "the continued accumulation of domestic debt   without   regulating government expenditures   or a clear plan to direct them toward productive development projects   poses a direct threat to the national economy," noting that "the continued delay in approving budgets   has exposed weak government performance  and the failure to hold accountable  those who have exceeded constitutional deadlines for the general budget." 
 
Abdul Rabbo pointed out that "it is unlikely that a new budget or financial schedules   will be approved for the current year in light of the    lack of real accountability and the   decline in oil prices, which will lead to the   disruption of investment projects and a   slowdown in economic growth."
 
This warning comes at a time    when the government is facing a stifling financial crisis      resulting from         mounting debt and   declining oil revenues,  while economic experts are calling for a    comprehensive reform of fiscal policy and   enhanced oversight of public spending    before the country slides into a deeper economic crisis.    
https://almaalomah.me/news/113187/economy/اقتصادي:-الديون-الداخلية-مأساة-والخارجية-الأخطر   
  

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

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Seeds of Wisdom RV and Economics Updates Thursday Morning 10-23-25

Good Morning Dinar Recaps,

Don’t be fearful of control by federal reserve because we are going to a gold backed system which takes away their power of debt. They will just go away as we return to our Republic and gold. The base and rails of the system are being laid and there is more info on how this will lead to our new global financial system and reset. Our currency will be digital called Stablecoins, backed by gold. No more debt system so no more Fed control. Our system will be based on gold as our anchor and collateral.  That is the direction the world is going and daily we see it happening with record gold purchases and regulations world wide on digital use of currency in the form of stablecoins. Stablecoins will be backed by gold — not fiat treasury bills or bonds like they are now.   Seeds of Wisdom Team

IMF and BIS Confront Hidden Fault Lines in Global Private Credit

Regulators quietly move to map shadow lending risks as unregulated markets surpass $2.1 trillion.

Good Morning Dinar Recaps,

Don’t be fearful of control by federal reserve because we are going to a gold backed system which takes away their power of debt. They will just go away as we return to our Republic and gold. The base and rails of the system are being laid and there is more info on how this will lead to our new global financial system and reset. Our currency will be digital called Stablecoins, backed by gold. No more debt system so no more Fed control. Our system will be based on gold as our anchor and collateral.  That is the direction the world is going and daily we see it happening with record gold purchases and regulations world wide on digital use of currency in the form of stablecoins. Stablecoins will be backed by gold — not fiat treasury bills or bonds like they are now.   Seeds of Wisdom Team

IMF and BIS Confront Hidden Fault Lines in Global Private Credit

Regulators quietly move to map shadow lending risks as unregulated markets surpass $2.1 trillion.

A new phase of global financial oversight is emerging as the IMF and Bank for International Settlements (BIS) intensify cooperation on systemic risk mapping across private credit markets. These unregulated lending pools—now estimated above $2.1 trillion globally—have become the largest blind spot in modern finance.

  • The IMF’s October Financial Stability Report warns that nonbank lenders could trigger “cross-border liquidity fractures” if defaults rise.

  • The BIS is coordinating data collection and digital transparency protocols among major central banks to identify risk concentration channels.

  • Industry insiders suggest the next step could involve tokenized credit reporting systems—an early precursor to a digitally unified financial oversight framework.

This move represents more than regulatory caution; it signals the first visible layer of a transition toward centralized digital control mechanisms capable of absorbing shocks from private markets.

Implications:
The growing dependence on opaque private credit reveals deep structural fragility in the global system. As the IMF and BIS step in to “map” the risks, they are effectively laying the digital scaffolding for a future in which liquidity management and credit issuance converge under programmable central bank oversight—a core feature of the unfolding global financial reset.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

~~~~~~~~~

The Dollar Defends Its Final Fronts: Currency Interventions Signal a Shifting Order

Joint U.S.–Japan market action underscores the dollar’s fragility as China quietly rewires reserve holdings.

Global currency markets are showing the early signs of a strategic realignment. For the second time this quarter, the U.S. Treasury and Japan’s Finance Ministry intervened jointly to defend the yen from record depreciation—an effort to preserve stability in a system increasingly strained by diverging interests.

The coordinated move reflects heightened concern over global FX volatility, particularly as China continues reducing its U.S. Treasury holdings, reallocating into euros and gold reserves for the seventh straight month.

  • Analysts note that Beijing’s shift is not a short-term hedge, but a gradual decoupling from the dollar-centric architecture that has dominated since the 1970s.

  • Meanwhile, several Asian and Middle Eastern economies are experimenting with local currency trade settlements, further diluting the dollar’s central role in regional transactions.

The interventions reveal a paradox: the defense of the old system confirms the rise of the new. As Washington fights to preserve dollar liquidity, emerging powers are designing multilateral currency corridors and gold-linked trade mechanisms that could redefine global exchange.

Implications:
Each round of intervention buys time, not stability. The pattern reflects the controlled unwinding of dollar dependency, signaling the gradual emergence of regional monetary blocs that may form the foundation of a post-dollar settlement regime—a core component of the global financial reset.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

~~~~~~~~~

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MilitiaMan and Crew: IQD News Update-CBI -Remove Zeros Project is Ongoing!

MilitiaMan and Crew:  IQD News Update-CBI -Remove Zeros Project is Ongoing!

10-22-2025

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-CBI -Remove Zeros Project is Ongoing!

10-22-2025

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=s3rd_-ruZ58

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Iraq Economic News and Points To Ponder Wednesday Evening 10-22-25

Central Bank Of Iraq: The Project To Remove Zeros From The Dinar Is Still Ongoing And Is Being Planned.
 
Local    The Governor of the Central Bank of Iraq, Ali Al-Alaq,confirmed that the third budget"included very large expenditures and a high deficit," noting that the issue of removing zeros from the dinar may witness developments in the coming period.

Central Bank Of Iraq: The Project To Remove Zeros From The Dinar Is Still Ongoing And Is Being Planned.
 
Local    The Governor of the Central Bank of Iraq, Ali Al-Alaq,confirmed that the third budget"included very large expenditures and a high deficit," noting that the issue of removing zeros from the dinar may witness developments in the coming period.

On the sidelines of Al-Alaq's participation in theDuhok Conference on Economic and Financial Problems in Iraq and the Kurdistan Region, Al-Alaq said, "The budget for the three years included very large expenditures, and   therefore the deficit was high.

However, there is ongoing coordination between the   Central Bank and the   Ministry of Finance      to achieve a high degree of financial stability."

 He added, "The issue of removing zeros from the Iraqi currency is a project that is   still ongoing and   being planned, and  we may hear developments regarding it in the coming period."
 
He pointed out that,"With the renewed proposal for the zero-removal project,   which is currently being prepared, the   currency denominations will be restructured in general,   including the 20,000 denomination."   
https://economy-news.net/content.php?id=61468    

What did the IMF report say about the economic situation in Iraq?

Economy | 10/22/2025  Mawazine News - Follow-up:
The International Monetary Fund (IMF) revealed, on Wednesday, its expectations for economic growth in Iraq to increase and inflation to decrease.

The IMF stated in a report followed by Mawazine News, "After reviewing the latest report on the World Economic Outlook, the Fund expected economic growth in Iraq to increase, and inflation to decrease."

The report's data came as follows:

Gross Domestic Product (GDP) Growth:

Iraq's real GDP is expected to grow by 0.5% this year, after it was expected in April to record a contraction of 0.2%. In 2026, growth is expected to rise to 3.6%, after previous estimates indicated growth of only 1.4%.

Inflation:

Inflation estimates for 2025 were lowered from 2.5% to 1.5%, and those for 2026 were lowered from 2.7% to 2.5%.

These revisions reflect increased optimism about the recovery of the Iraqi economy and price stability compared to previous estimates.  https://www.mawazin.net/Details.aspx?jimare=268915

 Does Public Debt Pose A Real Threat To The National Economy? An Economist Explains

Economy | 10:07 - 10/22/2025   Mawazine News – Baghdad  Economic expert, Munir Al-Obaidi, clarified the extent of the danger of internal and external debt to the Iraqi economy, indicating that the danger of the internal debt does not lie in its absolute value, but rather in its ratio to the gross domestic product. This is according to data from the Central Agency for Statistics.

Al-Obaidi said in a post reviewed by Mawazine News that “during the past few days, which witnessed widespread media coverage of the internal debt and its amount, this raised legitimate questions about whether this debt poses an actual danger to the national economy, and what is the nature of this danger, if any.

 In order to understand the picture accurately, the issue must be analyzed from several interconnected angles, the first of which is the size of the debt relative to the gross domestic product.”

He added, "Iraq's GDP is around 230 trillion dinars, which makes the ratio of domestic debt to GDP around 39%, which is lower than the critical ratio of 50% set by many countries.

" He pointed out that "the concern here stems from the composition of the GDP itself, as more than 65% of it depends on the oil sector. If oil prices decline, the GDP will shrink, raising the debt-to-GDP ratio even if the debt level remains constant, which exacerbates the risk."

He continued, "One of the most prominent challenges is the high interest rates on domestic debt instruments.

Recent bonds were issued with an annual interest rate of nearly 10%, a high rate that could burden the general budget with additional expenditures, especially if oil revenues decline. Over time, the government may find itself facing a financing burden that will be difficult to sustain."

Regarding the deflationary impact on economic activity, Al-Obaidi pointed out that "government bonds represent a tool of deflationary policy. When the state resorts to borrowing from banks at high interest rates, these banks' appetite for financing productive projects decreases.

This means that the private sector will be negatively affected by the shrinking financing opportunities, limiting its ability to contribute to economic growth."

From another perspective, the economic expert explained that "the absence of investment investment opportunities for domestic debt is not a problem in and of itself if it is directed towards strategic and service projects that create added value and job opportunities.

 However, when used solely to cover the operating deficit, it becomes a burden that hinders the state's ability to increase its investment spending, thus weakening the growth of the non-oil sectors that the economy needs to achieve diversification."

He concluded by saying, "Government debt has a significant impact on the banking system, as government debt rose by 116% over the course of a year, reaching 13% of total banking system assets, up from just 6% in 2024.

This rapid expansion poses risks to the soundness and sustainability of the banking system, as it increases its exposure to sovereign risks and limits its flexibility in financing other economic activities. Concerns about domestic debt are not only related to its size, but also to the nature of its use, structure, cost, and impact on the overall economic environment.

Therefore, managing domestic debt requires a comprehensive vision that takes these factors into account before embarking on any new expansion."   https://www.mawazin.net/Details.aspx?jimare=268908

After Weeks Of Rising Prices, Gold Prices In Baghdad Have Fallen

Economy |  10/22/2025   Mawazine News - Baghdad:  Foreign and Iraqi gold prices witnessed a noticeable decline in the local markets in the capital, Baghdad.

The prices of Gulf, Turkish and European gold in the wholesale markets on Al-Nahr Street in Baghdad, this morning, recorded a selling price of one Mithqal of 21 karat, reaching 816 thousand dinars, and a purchase price of 812 thousand dinars, after it was 848 thousand dinars yesterday, Tuesday.

The selling price of one Mithqal of 21 karat Iraqi gold was recorded at 786 thousand dinars, and the purchase price reached 782 thousand.

As for gold prices in individual goldsmiths, the selling price of one Mithqal of 21 karat Gulf gold ranged between 815 thousand and 825 thousand, while the selling price of one Mithqal of Iraqi gold ranged between 785 thousand and 795 thousand dinars.  https://www.mawazin.net/Details.aspx?jimare=268914

Basra Crude Prices Rise In Line With The Global Oil Price Rally.

economy | 10/22/2025   Mawazine News - Baghdad -  Basra Heavy and Basra Medium crude prices rose as global oil prices rose.
Basra Heavy crude prices rose 36 cents, or 0.60%, to $59.98, while Basra Medium crude prices rose 36 cents, or 0.59%, to $61.13.
Oil prices rose on supply risks related to sanctions and hopes for a US-China trade deal, while investors digested news that Washington was seeking to buy quantities of oil to store in its strategic reserves. https://www.mawazin.net/Details.aspx?jimare=268905

The Dollar Continues To Decline With The Closing In Baghdad

Economy | 04:22 - 10/22/2025  Mawazine News - Baghdad -  The US dollar exchange rate fell in Baghdad's markets with the closing of the stock exchange.

The dollar price fell on the Al-Kifah and Al-Harithiya stock exchanges to 141,400 Iraqi dinars for every $100, after it was 141,550 dinars this morning.

Selling prices stabilized in exchange shops in Baghdad's local markets, with the selling price reaching 142,500 Iraqi dinars for every $100, while the buying price reached 140,500 dinars. https://www.mawazin.net/Details.aspx?jimare=268925

 

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

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