DINARRECAPS8 10/29/25 DINARRECAPS8 10/29/25

Iraq Economic News and Points To Ponder Wednesday Evening 10-29-25

Liquidity And Balance Of Payments In Iraq Declined Over The Past Three Months.

Money and Business Economy News – Baghdad The Ministry of Planning announced on Wednesday the economic indicators for the country for the first quarter of 2025.

The Central Statistical Organization of the Ministry stated in a report seen by “Al-Eqtisad News” that the most important indicators for the first quarter of 2025 indicate a decrease in merchandise imports compared to exports, which led to a decrease in the net balance of payments to reach 5.9 trillion dinars.

He added that there has been a decrease in public deposits with banks, which has led to a decline in cash liquidity, noting that total bank credit amounted to 71.3 trillion dinars.

He pointed out that the amount of electricity produced in the first quarter of 2025 amounted to 33,142,433 megawatt-hours, while the amount of imported energy amounted to 1,673,496 megawatt-hours.

The unit "megawatt-hour" means the amount of power generated or imported during the actual operating hours of the national electricity grid. https://economy-news.net/content.php?id=61721

Customs Revenues Exceed 2.15 Trillion Dinars.

Money and Business Economy News – Baghdad The Customs Authority has achieved revenues exceeding two trillion and one hundred and fifty billion dinars since the beginning of this year, with expectations that they will reach about 2.5 trillion dinars by the end of the year, according to what was confirmed by the Director General of the Authority, Thamer Qasim Al-Tai.

Al-Ta’i explained in an interview with Al-Sabah, which was followed by Al-Eqtisad News, that this large increase came as a result of adopting modern electronic systems that contributed to doubling the value of imports and improving customs work mechanisms, noting that revenues increased from one trillion dinars in 2023 to more than two trillion dinars this year, and that the complete digital transformation is the main reason for this progress.

Al-Ta’i explained that the revenues achieved will support the state budget within the government’s direction to maximize non-oil resources and support the national economy by revitalizing revenue sectors, in line with the government’s program to achieve accelerated economic and investment growth.

He pointed out that the Authority has begun amending the Customs Law, which dates back to the 1980s, to introduce the concepts of electronic work, digital declaration, and simplification of customs procedures, in order to keep pace with global technological development and contribute to facilitating trade.

Al-Ta’i said that among the most prominent steps of the electronic transformation is the adoption of the “single window” system, which links the government agencies concerned with import and export operations, in addition to the application of the global “ASYCUDA” system to facilitate procedures, reduce time and effort, and reduce corruption rates.

He stressed that the Prime Minister’s interest in the ports and customs file contributed to accelerating the steps of digital transformation and enhancing the Authority’s position as one of the most important sources of non-oil revenues, noting that full automation will reflect positively on the national economy by encouraging investment, raising performance efficiency and reducing operational costs.

In conclusion, Al-Ta’i stressed that the Authority is continuing to develop its legal and technical structure, in order to ensure transparency and smoothness in procedures and enhance the confidence of the commercial and industrial sectors in state institutions. https://economy-news.net/content.php?id=61717

The Dollar Continues To Rise In Baghdad

Economy | 11:35 - 29/10/2025 Mawazin News - Baghdad: The exchange rate of the US dollar rose in Baghdad's local markets. The dollar reached 141,150 Iraqi dinars per 100 US dollars in the Al-Kifah and Al-Harithiya exchanges.

Meanwhile, the selling price remained stable in Baghdad's local currency exchange markets, at 142,000 Iraqi dinars per 100 US dollars, while the buying price was 140,000 Iraqi dinars per 100 US dollars. https://www.mawazin.net/Details.aspx?jimare=269318

Oil Prices Rise Due To Declining US Inventories

Economy | 09:06 - 29/10/2025 Mawazin News - Oil prices saw a slight increase after a three-day decline, amid reports of a drop in US crude inventories, which bolstered prices in global markets.

Brent crude futures rose 20 cents, or 0.31%, to $64.60 a barrel at 02:03 GMT. US West Texas Intermediate crude futures also climbed 18 cents, or 0.3%, to $60.33 a barrel.

Despite this rise, investors remain concerned about the impact of potential sanctions on Russia, along with expectations of increased production from the OPEC+ alliance, which could limit further gains. https://www.mawazin.net/Details.aspx?jimare=269306

Gold Prices Are Rising Again In Baghdad.

Economy | 29/10/2025 Mawazin News - Baghdad: Gold prices, both foreign and Iraqi, have risen in local markets in Baghdad. In the wholesale markets of Al-Nahr Street in Baghdad, the selling price of one mithqal (approximately 4.5 grams) of 21-karat gold (Gulf, Turkish, and European)

reached 793,000 Iraqi dinars, while the buying price was 789,000 dinars. The selling price of one mithqal of 21-karat Iraqi gold was 763,000 dinars, and the buying price was 759,000 dinars.

As for retail prices at goldsmith shops, the selling price of one mithqal of 21-karat Gulf gold ranged between 795,000 and 805,000 dinars, and the selling price of one mithqal of Iraqi gold ranged between 765,000 and 775,000 dinars.

https://www.mawazin.net/Details.aspx?jimare=269319

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

DINARRECAPS8 10/29/25 DINARRECAPS8 10/29/25

Seeds of Wisdom RV and Economics Updates Wednesday Evening 10-29-25

Good Evening Dinar Recaps,

Currency — Currency Diplomacy and the Slow Shift from Dollar-Only Settlement

How FX moves and central-bank signalling are becoming diplomatic tools, and what that means for alliance economics

Overview
Currency markets are not just pricing interest rates or growth; they are being used deliberately as diplomatic signalling tools (fixes, verbal intervention, managed exchange-rate adjustments). Recent PBOC fixes and dollar moves around trade optimism show how policy and diplomacy interact in FX.

Good Evening Dinar Recaps,

Currency — Currency Diplomacy and the Slow Shift from Dollar-Only Settlement

How FX moves and central-bank signalling are becoming diplomatic tools, and what that means for alliance economics

Key developments

The People’s Bank of China set a stronger USD/CNY midpoint in recent sessions, signalling support for a firmer yuan amid trade diplomacy.
The U.S. dollar weakened modestly as trade optimism increased, reducing some safe-haven FX demand.

What this means for global alliances

Instrumental currency policy: States now use FX policy to reward or discipline partners — coordinated moves (e.g., synchronized fixes or intervention) can be an instrument of alliance economics.
Local-currency preference: As trust networks deepen, countries in the same political/economic bloc increasingly prefer settling trade in local currencies, reducing USD invoicing for aligned partners.

How this accelerates financial restructuring

Greater use of local-currency settlements and swap lines reduces transaction reliance on the USD → this is a structural shift in the plumbing of cross-border finance.
Central bank reference-rate management and verbal signalling become part of diplomatic toolkits: currency action is policy and diplomacy simultaneously.

Practical signals to watch

New agreements to invoice or settle trade in local currencies (bilateral announcements).
Expansion of central bank swap lines or regional FX stabilization facilities.
PBOC and other major central bank midpoint/fixing behavior around high-profile diplomatic events.

Bottom line: Currency policy has become a diplomatic lever. The gradual shift toward multi-currency settlement, coordinated fixes and regional FX facilities will be a core pillar of the emerging financial architecture.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

~~~~~~~~~

BRICS Capitals Sign Moscow Pact, Mark New Phase of De-Dollarization

How a municipal-level pact is accelerating the shift away from the dollar and reshaping global alliances

Overview
The BRICS (Brazil, Russia, India, China, South Africa + newer members) de-dollarization drive has taken a concrete step forward: on October 28, 2025 the Moscow City Duma hosted representatives from capitals and major cities of BRICS countries at a signing ceremony of a cooperation agreement aimed at reducing reliance on the U.S. dollar and building a multipolar financial system.

Key developments

Mayors, city council heads and parliamentary officials from BRICS member capitals gathered in Moscow to sign the agreement. Pars Today+1
The agreement emphasises trade in local currencies, alternative cross-border payment systems and municipal diplomacy as tools to challenge Western-dominated financial structures.
Russian Deputy Prime Minister Alexander Novak claimed Russia has shifted to local-currency settlements with China and India by 90-95%.

What this means for global alliances

Vertical integration of alliances: National governments are now being complemented by municipal layers of cooperation — capitals and cities aligning with national foreign-policy aims.
New axis of trade & finance: Capitals of BRICS nations coordinating creates a parallel network of economic diplomacy outside traditional Western structures.
Shared currency strategy: By promoting local-currency trade and payment systems, BRICS members deepen their mutual dependencies and signal a combined alternative to dollar-centric alliances.

How this accelerates financial restructuring

The pact signals a step toward settlement systems outside the dollar-clearing architecture (SWIFT/dollar-invoiced trade).
It strengthens the trend toward local-currency invoicing and payments, which reduces exposure to U.S. monetary policy and sanctions risk.
City-level diplomacy means the infrastructure of finance is being re-wired from the ground up—making the architecture of global finance more distributed and less U.S./West-centric.

Practical signals to watch

Announcements from BRICS capitals about trade settlements in local currency or bypassing the dollar.
Establishment of municipal or regional clearing and payments platforms tied to BRICS frameworks.
Further coordination of policy between national and city governments in BRICS nations around de-dollarisation and finance.

Bottom line:
This isn’t just rhetorical: by institutionalising cooperation at the capital/city level, BRICS is laying a structural foundation for a multipolar financial system. The dollar remains dominant today—but the scaffolding for its alternative is being built.

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

DINARRECAPS8 10/29/25 DINARRECAPS8 10/29/25

Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 10-29-25

Good Afternoon Dinar Recaps,

Markets — Hope vs. Fear: The Two-Speed Repricing

Why markets are simultaneously rallying on diplomatic hope and testing safe-haven ceilings

Overview
Equities and credit markets have shown optimism tied to high-level trade diplomacy and ceasefire developments, while safe-haven assets (gold, certain sovereign bonds) remain sensitive to headline risk. Markets are price-discovering around two possible pathways — durable détente or episodic relapse.

Good Afternoon Dinar Recaps,

Markets — Hope vs. Fear: The Two-Speed Repricing

Why markets are simultaneously rallying on diplomatic hope and testing safe-haven ceilings

Key developments

Stocks climbed on growing hopes of US-China trade progress; currency moves signalled reduced refuge flows to the dollar.
Oil and defence equities have trimmed the wartime premium after ceasefire signals, but volatility remains.

What this means for global alliances

Market signaling: Rapid market responses to diplomatic actions increase the value of being a first-mover in economic diplomacy (trade pacts, tariff relief).
Investment corridors: Nations that secure peace or trade deals will attract faster capital deployment; allied states will coordinate to build the accompanying financing platforms (bonds, guarantees, development funds).
Coalition economics: Economic blocs may tighten policy coordination (tariff reductions, synchronized investment incentives) to lock in advantages.

How this accelerates financial restructuring

Access to capital will increasingly follow political trust networks; market access becomes another lever in alliance politics.
Private capital will be channeled into projects that carry diplomatic backing, supported by state risk-sharing mechanisms.

Practical signals to watch

Sector rotation: inflows into infrastructure, travel, and regional champions after diplomatic wins.
Changes in sovereign bond spreads for countries central to new trade or peace frameworks.

Bottom line: Markets are a real-time scoreboard of diplomacy; as alliances shift, capital follows swiftly — creating new winners and hastening financial realignment.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

~~~~~~~~~

Metals — Gold as Barometer, Not Bulwark

Why gold’s volatility reflects political risk and the search for monetary insurance

Overview
Precious metals have seen dramatic moves: gold hit record forecasts and rallied strongly on risk, then softened as trade/diplomatic optimism returned. Gold today functions as a barometer of fear and a strategic reserve preference — and central banks are key actors.

Key developments

Analysts and industry forecasts project higher structural prices (some near-term forecasts exceeding $4,000/oz), driven by central bank buying and hedge demand.
Price dips occurred quickly when diplomatic or trade optimism reduced safe-haven demand (gold below $4,000 after trade progress headlines).

What this means for global alliances

Reserve strategy: Countries seeking autonomy from dollar dependence accelerate gold accumulation and bilateral swap arrangements to insulate from sanctions or policy shocks.
Strategic signaling: Visible purchases or gold-backed initiatives become diplomatic signals — showing intent to build parallel monetary buffers.

How this accelerates financial restructuring

Increased gold accumulation by non-Western central banks supports multi-asset reserve diversification, which underpins arguments for multi-currency or asset-backed settlement systems.
Private market structures (warehouse, vaulting, and tokenized gold platforms) tied to state partners may become instruments of cross-border trade settlement.

Practical signals to watch

Central bank gold buying announcements and import/export flows.
Emergence of new gold-settlement corridors or gold-linked settlement hubs.

Bottom line: Metals, especially gold, are becoming strategic insurance in a world where political alignment equals financial resilience; their price swings are the market’s heartbeat.

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

DINARRECAPS8 10/29/25 DINARRECAPS8 10/29/25

Iraq Economic News and Points To Ponder Wednesday Morning 10-29-25

Expert: Iraqi Banks Need Comprehensive Reform To Free Themselves From The Restrictions Of Dollar Transactions.

Economy October 27, Information / Baghdad Financial and banking expert Mustafa Hantoush confirmed on Monday that the banking sector in Iraq is on the verge of a new phase, as it approaches liberation from the restrictions of dealing in dollars, but at the same time it needs radical reforms to modernize its operational structure and enhance its efficiency.

Hantoush told Al-Maalouma News Agency that “about 90% of the Iraqi banking system is still subject to theeffects of dollar restrictions as a result of the suspicions and problems it has experienced in recent years,” noting that “it is expected that in less than three months some banks will begin to gradually free themselves from those restrictions.”

He added that "the banking process in Iraq is still limited in activity,as it requires the introduction of an integrated system that includes   deposits,   loan financing, and   expanding investment areas, in addition to   updating the standards in place in cooperation with the Central Bank of Iraq."

He explained that "achieving full financial inclusion represents   a fundamental step in developing the sector, through   diversifying banking services and   not being limited to current accounts only," while stressing "the importance of strengthening relations with international banks and   opening new correspondence channels   that enable Iraqi banks to   effectively integrate into the international financial system," adding that "updating technical systems and simplifying procedures to serve citizens   is a crucial stage in the reform process,   provided that   complications and administrative routine  that  hinder development and   limit the efficiency of banking performance   are avoided." End / 25M
https://almaalomah.me/news/113919/economy/خبير-:-المصارف-العراقية-بحاجة-الى-اصلاح-شامل-للتحرر-من-قيود

Iran Proposes Creating A Unified Regional Currency To Boost Trade Among Countries In The Region.

October 28, 2025Tehran/Iraq Observer Iranian President Masoud Pezeshkian proposed on Tuesday the creation of a unified regional currency for the countries of the region, with the aim of boosting trade and strengthening economic cooperation, in light of the continued international sanctions imposed on Tehran.

During his meeting with the Tajik Interior Minister in Tehran, Pezeshkian said that “adopting a common currency in the region could contribute to achieving economic development and expanding areas of cooperation between member states.”

The Iranian president pointed out that “the religious and cultural ties that unite the countries of the region form a suitable basis for strengthening relations and overcoming obstacles to economic cooperation,” during his speech at the Economic Cooperation Organization summit.

The organization was founded in 1985 at the initiative of Iran, Pakistan and Turkey, and currently has ten members, including five Central Asian countries (Tajikistan, Kyrgyzstan, Uzbekistan, Kazakhstan and Turkmenistan), in addition to Azerbaijan and Afghanistan, and the combined population of its countries is more than 550 million people.

This call comes at a time when the Iranian economy is facing significant pressure due to US sanctions related to its nuclear program, which have led to a decline in the value of the rial and a rise in inflation rates.
https://observeriraq.net/إيران-تقترح-إنشاء-عملة-إقليمية-موحدة-ل/

A Controversial Agreement Between The Central Bank Of Iraq And A Kuwaiti Bank Opens The Door To Financial Debate.

2025 Last updated: October 29, Al-Mustaqilla - In a surprising move that sparked controversy in financial and economic circles, the Central Bank of Iraq announced on Wednesday the signing of a joint cooperation agreement with the National Bank of Kuwait - Bahrain Branch,

during a ceremony held at the Central Bank headquarters in Baghdad, in the presence of Governor Ali Mohsen Al-Alaq and a number of senior officials.

According to the official statement, the agreement aims to enhance cooperation in the areas of   financial transfers,   electronic payment,   training, and the   exchange of modern banking expertise, which observers described as “a step towards a new openness of the Central Bank towards Gulf institutions.”

However, the signing of the agreement did not go unnoticed.

Economists and observers questioned thereasons for choosing a Kuwaiti-Bahraini bank specifically,given the existence of major Iraqi banks capable of managing   electronic transfers and payments   locally.

Some believe the move may reflect a lack of confidence in Iraqi financial institutions or an attempt to seek external cover to circumvent US sanctions imposed on some private banks.

While Governor Al-Alaq emphasized the “deep fraternal ties between the peoples of Iraq, Kuwait and Bahrain,” others considered that the economic file should be managed with professional, not political, standards, especially given the sensitivity of the financial relationship between Iraq and some Gulf states.

For his part, the CEO of the National Bank of Kuwait – Bahrain, Ali Fardan, stressed that the agreement will contribute to raising the level of cooperation in transfers and training on modern banking practices, expressing his hope to develop the relationship between the two sides more broadly.

While some analysts welcomed the move as a “signal of much-needed economic openness,” others believe it could open the door to new foreign banking influence within the Iraqi market, especially given the challenges facing the local banking sector with   dollar transfers and   compliance with US restrictions.

The agreement, which came amid sensitive financial circumstances and declining confidence in internal banking procedures, opened the door to legitimate questions:

Does this partnership represent an opportunity to develop the Iraqi financial sector, or a new gateway for foreign intervention in the banking system?      https://mustaqila.com/اتفاقية-مثيرة-بين-المركزي-العراقي-وبن/

The Central Bank Of Iraq Signs An Agreement With The National Bank Of Kuwait - Bahrain.

October 28, 2025 Under the patronage and attendance of the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, the Central Bank of Iraq signed a joint cooperation agreement with the National Bank of Kuwait - Bahrain.

The signing ceremony took place at the Central Bank of Iraq's headquarters in Baghdad.

The Bank of Kuwait was represented by its CEO - Bahrain, Mr. Ali Fardan, along with his Deputy, Head of Treasury, Mr. Mohammed Momen, and members of the delegation.

The agreement was signed on the Iraqi side by Dr. Mohammed Younis Abu Raghif, Director General of Investments at the Central Bank of Iraq.

His Excellency the Governor expressed his warm welcome to the visiting delegation, recalling the deep-rooted ties between the people of Iraq and the peoples of Kuwait and Bahrain, wishing them continued success.

For his part, Mr. Fardan emphasized the importance of enhancing cooperation in the areas of financial transfers and electronic payments, in addition to training on the best modern banking practices between the two parties, and statistical data.

He invited His Excellency the Governor to visit the headquarters of the National Bank of Bahrain. Central Bank of Iraq Media Office https://cbi.iq/news/view/3032

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

DINARRECAPS8 10/29/25 DINARRECAPS8 10/29/25

Seeds of Wisdom RV and Economics Updates Wednesday Morning 10-29-25

Good Morning Dinar Recaps,

Finance — Quiet Liquidity, Loud Fragility

How ample liquidity and low confidence are reshaping incentives for states and markets

Overview
Global finance today is characterized by abundant liquidity but weakening confidence: markets price risk differently, and non-traditional vectors of instability (geopolitical shocks, AI trading, policy mis-steps) loom large. This dynamic is pushing states to hedge with new partners, instruments and settlement arrangements.

Good Morning Dinar Recaps,

Finance — Quiet Liquidity, Loud Fragility

How ample liquidity and low confidence are reshaping incentives for states and markets

Key developments

Central banks keeping policy rates higher for longer while discussing targeted easing — liquidity is available but costly for some borrowers.
Investor flows rotate between risk assets (on diplomatic optimism) and safe havens (when policy or geopolitical risks spike).

What this means for global alliances

Short-term: Countries with strong reserve positions and trusted capital markets — the U.S., EU members, parts of Asia — attract investment during shocks.
Medium-term: Emerging economies seek bilateral swap lines, alternative credit facilities and non-USD settlement mechanisms to reduce exposure to policy shifts in reserve-currency countries.
Result: We should expect a proliferation of regional finance pacts and central-bank linkages that mirror geopolitical blocs.

How this accelerates financial restructuring

The search for resilience encourages diversification away from unilateral liquidity dependence: swap lines, local-currency bonds, and regional clearing hubs gain traction.
Private capital reallocates to ecosystems with state support (sovereign-backed infra financing, state-anchored digital money pilots), compressing funding costs for politically aligned partners.

Practical signals to watch

New or expanded bilateral swap agreements and central bank repo arrangements.
Shifts in the composition of international bond issuance (local currency vs. USD).
Private sector deals that are explicitly state-supported.

Bottom line: The finance layer is quietly fragmenting along strategic lines: liquidity remains global in appearance but resilience is being built regionally.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

Reuters -- Morning Bid: Gold sold, stocks stall
Reuters -- Stocks climb to record, dollar edges down on US-China trade optimism

~~~~~~~~~

Diplomacy & Peace — Out with the Old, In with the New

How recent diplomatic shifts (ceasefires, mediation, trade talks) are rewriting strategic alignments

Overview
Recent high-profile diplomatic moves — notably the Gaza ceasefire/middle-east diplomatic momentum and renewed high-level U.S.–China engagement — are reducing some near-term risk premia and prompting states to recalibrate alliances and trade relationships. Diplomacy is becoming the primary driver of market sentiment and alliance formation.

Key developments

A multilateral ceasefire and follow-on talks in the Middle East have eased energy/defence risk premia in markets.
High-level diplomatic outreach between major powers (U.S.–China engagement) is prompting business confidence and signalling possible tariff/tech restraint pathways.

What this means for global alliances

Convergence zones: Countries that broker or support peace can gain strategic influence — they become hubs for trade corridors, reconstruction capital, and security partnerships.
Realignment pressure: States previously hedging between major powers may now lean into economic corridors that promise faster gains (trade, investment, infrastructure).
Diplomatic currency: States increasingly use trade concessions, investment packages, debt relief and digital infrastructure deals as diplomatic tools — economic carrots replacing some traditional security pledges.

How this accelerates financial restructuring

Peace and active diplomacy reduce certain risk premia, making long-dated infrastructure finance and cross-border investment more feasible — this encourages new clearing arrangements and cross-border payment initiatives.
The political capital earned by mediators translates into preferential access to reconstruction contracts and financial arrangements — creating new nodes in the global financial architecture.

Practical signals to watch

Agreements to settle some trade or strategic transactions in local currencies rather than USD.
New regional reconstruction funds and public-private vehicles tied to diplomatic wins.
Which states host follow-on diplomatic conferences — hosting equals influence.

Bottom line: Successful diplomacy doesn’t just reduce violence — it unlocks structural economic rewiring that benefits the architects of peace.

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

DINARRECAPS8 10/28/25 DINARRECAPS8 10/28/25

Seeds of Wisdom RV and Economics Updates Tuesday Evening 10-28-25

Good Evening Dinar Recaps

ASEAN and Australia Push Back on China: A Maritime Pivot in Global Trade

The South China Sea becomes the frontline for the next phase of economic realignment.

At the latest ASEAN–Australia summit, leaders united to condemn China’s aggressive maneuvers in the South China Sea, including incidents targeting Filipino and Australian vessels. The joint declaration emphasized international maritime law, open trade routes, and multilateral diplomacy.

Good Evening Dinar Recaps

ASEAN and Australia Push Back on China: A Maritime Pivot in Global Trade

The South China Sea becomes the frontline for the next phase of economic realignment.

Strategic Maritime Corridors: The South China Sea handles over $3 trillion in annual trade. Any collective defense of these routes transforms ASEAN from a passive bloc into a regional security consortium.

Economic Decoupling Pressure: Australia and the Philippines’ cooperation signals deeper coordination between Western economies and Southeast Asian partners. Expect a surge in joint infrastructure financing (ports, fiber optics, defense tech) funded through Quad and G7 channels.
Alternative Supply Networks: As trade re-routes away from China-dominated waters, Vietnam, Indonesia, and Malaysia stand to gain. Logistics hubs in Singapore and Darwin may evolve into the backbone of a “Pacific Free Trade Belt.”

Implications for Global Trade:
The diplomacy here is as much about economics as security. This could result in two maritime trading networks — one under Western alignment (ASEAN-Australia-Japan-US), and another centered on BRICS-Eurasian corridors. Such bifurcation mirrors the broader fragmentation of finance, logistics, and market access globally.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

Reuters: “China, Australia keen on stable ties despite tensions, rivalry” — Reuters
Al Jazeera: “China accuses Australia of covering up South China Sea airspace incursion” — Al Jazeera

~~~~~~~~~

BRICS’ Digital Currency Bridge: Prelude to a Global Currency Reset?

As BRICS pilots ultra-fast settlements, could this signal a move toward an asset-backed global digital currency and a reshaping of the dollar era?

The recent pilot of the mBridge digital currency bridge—settling transactions in just 7 seconds and with dramatically lower fees—points to a deeper shift in global finance. According to one recent report, payments between Abu Dhabi and China via mBridge were settled in seven seconds, with transaction fees claimed to be ~98% lower than those using the traditional SWIFT system.

The Mechanics: mBridge & Payment Infrastructure

mBridge was developed by the Bank for International Settlements Innovation Hub together with central banks of China, Thailand, the UAE, Hong Kong and later Saudi Arabia. It is designed to allow real-time cross-border payments with central bank digital currencies (CBDCs).
The BIS announced it would hand over management of mBridge to participating central banks in late 2024.
Analysts observe that while mBridge is not explicitly a BRICS-only project, several participating states overlap with the expanded BRICS group and the infrastructure aligns with its de-dollarisation ambitions.
One recent analysis suggests that beyond faster payments, a “less likely but more transformative” scenario is the launch of a dedicated BRICS digital currency backed by a basket of member currencies or commodities like gold.

How This Could Lead to a Global Asset-Backed Digital Currency

Eliminating Intermediaries – The pilot between Abu Dhabi and China demonstrated that payments could bypass traditional correspondent banking routes (e.g., New York and London). If scaled to more BRICS and partner nations, that reduces dependency on dollar-clearing channels. (See mBridge settlement speed & cost)
Hub for Local/Regional Currencies – As the platform supports CBDCs, member states might settle trade in local or regional digital currencies rather than in US dollars. That opens the door to a synthetic or unified digital currency of the bloc.
Asset/Commodity Backing – Analysts suggest a BRICS currency could be backed by gold or other hard assets, which gives it credibility as a reserve alternative.
Infrastructure Precedes Currency Launch – The infrastructure (mBridge, BRICS Pay, regional digital settlement systems) can precede and prepare the ground for a formal digital currency to be issued by a supranational or region-wide entity.

What a Global Currency Reset Might Look Like

Reduced Dollar Dominance: The US dollar has long been the primary global reserve and trade-invoicing currency. BRICS efforts aim to reduce this dependency.
Currency Bloc or Basket: A new digital currency might be built on a basket of BRICS currencies (renminbi, rupee, real, rand, ruble etc) or backed by commodities/gold, providing an alternative reserve asset.
New Payment Architecture: With low‐cost, fast settlement networks like mBridge, trade settlement timelines shrink and reliance on Western-dominated financial rails diminishes.
Implications for Power and Sanctions: Countries under Western sanctions see appeal in alternative payment systems that circumvent dollar-based sanctions architecture.

Risks, Challenges & Timing

Technical vs Political: While infrastructure is advancing, full rollout and trust in a new global currency require enormous political coordination and regulatory alignment. Some experts caution that BRICS’s ability to launch a truly viable alternative remains limited in the near term.
Dollar Resilience: Despite the push, the dollar’s dominance remains resilient—for now. The shift may take years.
Diverse Member Interests: The BRICS nations have differing economic systems, policies and levels of integration; aligning them around a single digital currency or settlement system presents major coordination issues.
Geopolitical Response: The US and its allies may respond by strengthening the current financial architecture, applying regulatory or sanction pressures, or accelerating their own digital currency initiatives.
Backing & Trust: For a new currency to gain reserve status it must be trusted. This implies backing by credible assets, transparency, liquidity and stability—all difficult in emerging-market contexts.

Implications for Investors & Policymakers

Investors should monitor developments in digital sovereignty, CBDCs and cross-border settlement systems as structural shifts in global finance may alter currency, trade and reserve asset dynamics.
Central banks and policymakers in non-BRICS countries should evaluate vulnerability to exclusion from new rails, or opportunities to link with alternative systems.
Markets may gradually price in potential de-dollarisation risks, especially for currencies, commodities, and trade-financing arenas.
Commodity-rich and export-driven emerging markets may see accelerated efforts to invoice trade in alternatives to the US dollar, particularly if digital settlement systems reduce friction and cost.

Closing Thoughts

The pulse of global finance is showing subtle but significant signs of change. With BRICS nations pushing faster, cheaper settlement architectures via platforms like mBridge, the foundations for a digital currency and potentially a global currency reset are quietly being laid. While the full impact may take years to manifest, this is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

Watcher.guru — BRICS Tests Digital Currency Bridge, Settles Payments in 7 Seconds Watcher Guru
BIS Innovation Hub — Project mBridge reached minimum viable product Bank for International Settlements
ING Think — De-dollarisation: More BRICS in the wall ING Think
InvestingNews — How Would a New BRICS Currency Affect the US Dollar? Investing News Network (INN)
OMFIF — Central banks’ role in ring-fencing mBridge OMFIF
GIS Reports Online — BRICS making progress on payment system GIS Reports

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DINARRECAPS8 10/28/25 DINARRECAPS8 10/28/25

Iraq Economic News and Points To Ponder Tuesday Evening 10-28-25

In Numbers: Central Bank Dollar Sales Jump 17% In 2025

Time: 10/28/2025 Reading: 75 times {Economic: Al Furat News} Economic expert, Manar Al-Obaidi, reported on Tuesday that the Central Bank of Iraq's hard currency sales amounted to approximately $48 billion by July 2025.
Al-Abidi explained in a statement received by {Euphrates News} that “these sales represent a 17% increase compared to the same period last year.”

In Numbers: Central Bank Dollar Sales Jump 17% In 2025

The economic expert expects that "the Central Bank's foreign currency sales will reach more than $83 billion, with a daily sales rate exceeding $350 million, the highest rate in all the Central Bank's years of sales." LINK

Iraq And The United States Discuss Joint Cooperation In The Fields Of Oil, Gas, And Energy.

Tuesday, October 28, 2025, 09:08 AM | Economics Number of reads: 579 Baghdad / NINA / Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani discussed with the US Under Secretary of Energy "James P. Danly" prospects for joint cooperation between the two countries in the fields of oil, gas and energy.

A statement by the Ministry of Oil stated that Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani received the US Under Secretary of Energy James Patrick Danly and the Chargé d'Affaires of the US Embassy Joshua Harris, and during the meeting they discussed prospects for joint cooperation between the two countries in the fields of oil, gas and energy.

The meeting was attended, according to the statement, by the Undersecretary of the Ministry for Gas Affairs, Ezzat Saber Ismail, and the Director General of the Technical Department, Hassanein Abdul Latif. / End
https://ninanews.com/Website/News/Details?key=1259150

In Numbers: Revealing The Progress Achieved In The Energy And Oil Sectors

Energy Head of the Government Communication Team, Ammar Munim, revealed on Tuesday the government's achievements in the energy and oil sectors.

In a statement, Munim said: "The government has achieved major accomplishments in the energy file since the end of 2022, as the total electricity production increased from (15,000-19,000) megawatts to (29,000) megawatts in September 2025."

Speaking about the oil file, he added, "Iraq aimed to transform into refining and refining (40%) of its oil exports by 2030, and has actually achieved (35%) of this path, and self-sufficiency in fuel types has been achieved."

He pointed out that "the percentage of gas utilization in the cessation of flaring path reached (74%) in September 2025, while the volume of incoming investments to the Iraqi economy reached (102 billion) dollars, and (277) investment licenses were granted in the governorates to Iraqi companies, exceeding (20 trillion) dinars." https://economy-news.net/content.php?id=61711

Despite The Global Decline, Basra Heavy And Medium Crude Prices Rose.

Economy | 09:12 - 10/28/2025 Mawazine News – Economy Basra Heavy crude prices rose 98 cents, or 1.51%, to $65.68, while Basra Medium crude prices rose $1.68, or 2.55%, to $67.53. https://www.mawazin.net/Details.aspx?jimare=269249

A Slight Rise In The Dollar Exchange Rate In Iraq.

Stock Exchange The dollar exchange rate against the Iraqi dinar rose in Baghdad and Erbil markets on Tuesday, coinciding with the stock exchange closing.

Baghdad: Selling price: 142,000 dinars for $100 Buying price: 140,000 dinars for $100.
Erbil: Selling price: 140,800 dinars per $100 Buying price: 140,650 dinars per $100.
https://economy-news.net/content.php?id=61699

A Slight Decrease In Gold Prices In Baghdad's Local Markets.

Economy | 01:30 - 10/28/2025 Mawazine News – Baghdad : Foreign and Iraqi gold prices have decreased in the capital, Baghdad. 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 776,000 dinars.

The selling price of one mithqal of 21 karat Iraqi gold was recorded at 746,000 dinars, and the purchase price reached 742,000. As for gold prices in jewelry stores, the selling price of one mithqal of 21 karat Gulf gold ranges between 780,000 and 790,000 dinars, while the selling price of one mithqal of Iraqi gold is between 750,000 and 760,000 dinars.
https://www.mawazin.net/Details.aspx?jimare=269274

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

Dinar Recaps 20 10/28/25 Dinar Recaps 20 10/28/25

It’s Not the Fed Who actually Controls Interest Rates

It’s Not the Fed Who actually Controls Interest Rates

Heresy Financial: 10-27-2025

We hear a lot about “the Fed” and “interest rates” in the news. It’s easy to fall into the trap of thinking the Federal Reserve has a direct dial for everything from your mortgage to your credit card.

But as a recent video from Heresy Financial meticulously breaks down, the reality is far more nuanced. The Fed’s control over interest rates isn’t a blunt instrument; it’s a sophisticated dance involving specific tools and market reactions.

It’s Not the Fed Who actually Controls Interest Rates

Heresy Financial: 10-27-2025

The elephant in the room for the U.S. economy is its staggering national debt – approximately $38 trillion – and a persistent deficit. This requires continuous borrowing, leading to ever-increasing interest costs. This financial reality could force the Fed into some unconventional moves.

Ultimately, understanding monetary policy’s impact is a complex puzzle. While the Fed can effectively manage short-term rates and influence government borrowing costs, this doesn’t automatically translate into lower interest rates for consumers.

This can cause consumer loan rates to rise, even if Treasury yields are falling. The video even touches on the possibility of future government interventions to cap consumer loan rates, reflecting a broader trend towards increased economic management.

The Federal Reserve’s role in setting interest rates is far from a simple on/off switch. It’s a sophisticated interplay of direct control over key short-term rates and indirect influence on broader market dynamics through its balance sheet and other tools.

As the economic landscape continues to evolve, understanding these mechanisms is crucial for navigating the financial world.

For a deeper dive into these fascinating concepts, be sure to watch the full video from Heresy Financial.

https://youtu.be/NJ1yvpHFq20

DINARRECAPS8 10/28/25 DINARRECAPS8 10/28/25

Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 10-28-25

Good Afternoon Dinar Recaps,

North Korea and Russia Forge Strategic Alliance: A New Axis in East Asia

Military diplomacy between Moscow and Pyongyang signals deeper realignments in global trade and security.

North Korea’s top diplomat’s visit to Moscow marks one of the most overt declarations of partnership between Pyongyang and the Kremlin since the Cold War. The talks, centered on defense, logistics, and labor cooperation, confirm a pivot toward mutual reinforcement against Western sanctions.

Good Afternoon Dinar Recaps,

North Korea and Russia Forge Strategic Alliance: A New Axis in East Asia

Military diplomacy between Moscow and Pyongyang signals deeper realignments in global trade and security.

Military–Industrial Linkages: Analysts note that North Korea could provide munitions and low-cost labor to sustain Russia’s prolonged conflict in Ukraine. In exchange, Pyongyang may receive technology, fuel, and hard currency — effectively creating a closed economic loop outside Western control.
Financial Sanctions Loopholes: This alignment tests the durability of the global sanctions regime. If barter systems or digital trade intermediaries are used, it could bypass SWIFT mechanisms and accelerate the search for alternative financial corridors within the Eurasian bloc.
Strategic Ripple Effects: Japan and South Korea may strengthen defense pacts with the U.S. and NATO. China, while cautious, benefits from seeing Western bandwidth divided between Europe and East Asia.

Implications for Global Finance:
A Russia–North Korea trade corridor could become a small but symbolically powerful node in a larger de-dollarization framework. By linking resource exchange, crypto payments, and parallel shipping networks, it foreshadows a fragmented global trade map — divided between Western-led systems and Eurasian “sovereign finance zones.”

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

Associated Press: “North Korea’s top diplomat meets with Putin on a visit to Russia” — Associated Press
Reuters: “Putin and North Korea’s foreign minister discuss strengthening ties, KCNA says” — Reuters

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South Korea’s High-Stakes Diplomacy at APEC: The Balancing Act Between Giants

As APEC 2025 approaches, Seoul’s role may determine the next phase of global economic integration.

South Korea faces a delicate diplomatic equation at the upcoming APEC summit in Gyeongju. Hosting both U.S. President Trump and China’s Xi Jinping, President Yoon Suk Yeol’s administration stands at the crossroads of competing visions for Asia’s economic future.

Mediator or Battleground: Seoul’s challenge is to present itself as a mediator rather than a subordinate ally. Success could enhance its leverage over semiconductor trade, digital currencies, and shipping corridors — making it a neutral hub between Western markets and the Asian mainland.
Supply Chain Strategy: By coordinating semiconductor alliances (notably “Chip 4” with the U.S., Taiwan, and Japan) while maintaining export ties with China, Korea may set a precedent for multi-polar trade diplomacy.
Digital Currency Diplomacy: Korea’s participation in cross-border CBDC pilots — including BIS and BRICS-linked projects — positions it as a test site for new payment interoperability that could redefine trade settlements in Asia.

Implications for Global Markets:
APEC 2025 could quietly shape the rules of digital trade, AI governance, and blockchain interoperability, effectively rewriting how capital and goods move across Asia. Should Korea succeed, it becomes a model for middle powers balancing great-power rivalries with market-driven neutrality.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

Associated Press: “South Korea’s president faces high-stakes diplomacy at APEC summit” — Associated Press
Korea on Point: “APEC 2025: A Stage for Middle-Power Diplomacy Amid US-China Rivalry” — Korea on Point

~~~~~~~~~
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Dinar Recaps 20 10/28/25 Dinar Recaps 20 10/28/25

Harry Dent: Prepare for the Biggest Crash of ALL TIME

Harry Dent: Prepare for the Biggest Crash of ALL TIME

VRIC Media: 10-27-2025

Economist and bestselling author Harry Dent joins Darrell Thomas to break down why he believes we’re living through the first 100% artificial asset bubble in history and why the next crash could be far deeper than investors expect.

Dent explains his demographic models, the dangers of prolonged stimulus, why even gold won’t escape the downturn, and how everyday investors can protect their wealth and be positioned to capitalize when markets reset around 2028.

Harry Dent: Prepare for the Biggest Crash of ALL TIME

VRIC Media: 10-27-2025

00:00 – Intro

01:14 – Demographics & The Artificial Post-2008 Expansion

06:05 – Why Recessions Are Healthy (and Skipping Them Isn’t)

08:44 – Why Diversification Won’t Save You This Time

10:39 – When Does the Crash Arrive?

11:27 – Detoxing the Economy: How Long Will It Take?

14:31 – India Will Lead the Next Global Boom

18:04 – Strategy: Cash, Treasuries & Why Shorts Work First

19:20 – Main Street vs Wall Street: Who Gets Hurt Most?

22:51 – Can the Fed Print Its Way Out Again?

28:18 – Inflation: Was That It? What Comes Next?

32:00 – Gold vs Stocks: What Holds Up Better?

37:28 – Will Mining Benefit from Resource Nationalism?

39:28 – Oil Outlook Through a Recessionary Lens

41:12 – The Great Reset = A Massive Opportunity

https://www.youtube.com/watch?v=4SJ16xixOuY

Dinar Recaps 20 10/28/25 Dinar Recaps 20 10/28/25

“Tidbits From TNT” Tuesday 10-28-2025

TNT:

Tishwash: A US delegation hosted by the Minister of Oil to discuss energy cooperation.

Today, Monday, Oil Minister Hayan Abdul-Ghani discussed with US Under Secretary of Energy James Danley and Chargé d'Affaires Joshua Harris joint cooperation between the two countries in the oil, gas, and energy sectors.

Today, Monday, Deputy Prime Minister for Energy Affairs and Minister of Oil, Eng. Hayan Abdul-Ghani Al-Sawad, received the US Under Secretary of Energy, Mr. James P. Danly, and the Chargé d'Affaires of the US Embassy, Mr. Josh Harris.

During the meeting, prospects for joint cooperation between the two countries in the fields of oil, gas, and energy were discussed.

TNT:

Tishwash: A US delegation hosted by the Minister of Oil to discuss energy cooperation.

During the meeting, prospects for joint cooperation between the two countries in the fields of oil, gas, and energy were discussed.

The meeting was attended by the Undersecretary of the Ministry for Gas Affairs, Mr. Ezzat Saber Ismail, and the Director General of the Technical Department, Mr. Hassanein Abdel Latif. link

Tishwash: Al-Karawi: WTO membership will grant Iraq broad economic and trade privileges.

The Director General of the General Company for Grain Trade at the Ministry of Trade, Haider Nouri Al-Karawi, confirmed on Sunday that Iraq has completed the vast majority of its World Trade Organization accession files and is close to completing the remaining files after nearly twenty years of efforts.

He pointed out that membership will grant the country extensive economic and trade privileges, contribute to reducing customs duties, and attract international companies to invest in the Iraqi market.

Al-Karawi told Al-Iraqiya News, as reported by the Iraqi News Agency (INA), that “the process of joining the World Trade Organization requires a long period of time, and Iraq began working on this file in 2003 under the direct supervision of the Department of Foreign Economic Relations and the Minister of Trade.”

He added, "Iraq has completed the vast majority of the required files and is currently completing the final stages in preparation for formal membership in the organization," noting that "some countries have taken more than twenty years to complete this process, so the period of time required by Iraq is no exception."

Al-Karawi explained that "Iraq's accession to the organization will grant it significant economic and trade privileges, most notably the protection of the rights of domestic and imported products, and the provision of joint mechanisms to facilitate trade, tax, and customs exchange with member states, which will positively impact the reduction of customs duties and the facilitation of import and export operations."

He pointed out that "membership will help attract international companies by ensuring the protection of their products from counterfeiting and encouraging them to invest in the Iraqi market. It will also have a positive impact on lowering prices for consumers by strengthening legitimate competition and regulating markets."

Al-Karawi explained that "Iraq is committed to implementing more than fifteen technical and legislative files as part of the accession requirements, including the file on product protection and global trademarks, which ensures that no party will imitate or market products similar to those of international companies."

He added, "Completing these commitments gives foreign companies confidence in entering the Iraqi market link

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Tishwash: The oil and gas law returns to the forefront, and Parliament faces a test of political will.

As the fifth legislative session draws to a close and the country enters the electoral phase, the federal oil and gas law returns to the forefront of the political scene in Iraq as one of the most sensitive pieces of legislation postponed since 2007, amid warnings that its continued obstruction will deepen the economic crisis and keep the country hostage to political disputes.

The oil and gas law is one of the most contentious issues between the federal government, the Kurdistan Regional Government, and the oil-producing provinces, as it stands at a crucial crossroads that determines the future of oil wealth management, which constitutes more than 90 percent of state revenues.

Amid repeated calls from the presidency and parliament to pass it before the end of the current session, fears are growing that its continued obstruction will disrupt the investment environment and weaken the unity of oil decision-making.

Energy expert Mohammed Hawrami believes that the continued absence of the law represents an economic and legislative failure that has had direct repercussions on oil wealth management and the general budget, as well as declining attractiveness for foreign investment in the energy sector.

Hawrami explained that postponing the approval of the law during this session means postponing the decision to a new session, along with the accompanying new tensions over powers and revenue sharing, making any further disruption costly to the national economy.

He added that the absence of a legal framework has created a state of administrative and financial chaos between the central government, the region, and the producing provinces, and has deprived Iraq of the ability to formulate a unified production and investment policy. This has negatively impacted the confidence of foreign companies awaiting stable legislation that guarantees the sustainability of their operations.

He pointed out that Iraq needs annual investments exceeding $15 billion to develop the oil and energy sector and improve refining and export capacities. However, the absence of legal regulation of contracts and financial distribution makes the investment environment risky and limits the entry of major companies into the market.

Emphasized that the current parliament's window of opportunity is almost running out, requiring urgent action to adopt the law before the end of the session, as continued disruption means postponing any real economic transformation towards diversification and sustainable development.

For his part, Bassem Nughmish, a member of the Parliamentary Oil and Gas Committee, emphasized that the continued suspension of the law keeps the Iraqi economy mired in a cycle of rents and limits its ability to achieve balanced development

Naghamish explained that the absence of the law means the absence of a regulatory framework for managing national wealth, which confuses financial planning, leads to disparities in the distribution of revenues between the center and producing provinces, and limits the state's ability

to implement a stable fiscal policy.

He pointed out that political disputes over powers and revenue-sharing mechanisms hinder the implementation of vital projects in the oil and energy sector and create an unstable environment for foreign investors seeking clear and stable legislation.

Naghamish added that delaying the enactment of the law deprives Iraq of billions of dollars in investment opportunities annually and weakens the state's ability to transfer oil revenues into productive and development projects in the provinces. He stressed the need for the law to include clear mechanisms for financial governance, management of joint fields, and the establishment of a national fund for the development of producing provinces.

Naghamish concluded by saying that the next phase requires a comprehensive political and economic settlement that removes the oil issue from tensions and ensures a unified law that balances the powers of the central government and the rights of the regions, transforming oil wealth from a source of contention into a lever for development and stability. link

Mot: Things That Suddenly Make Cents!!!

Mot: Seeeeee - They Even Season!!!!