Iraq Economic News and Points To Ponder Saturday Morning 11-8-25

Iraq And The United States Confirm A New Phase Of Security Cooperation

November 7, 2025  Baghdad – Al-Zaman  Iraq and the United States affirmed on Friday their commitment to establishing a new phase of joint security cooperation between the two countries.

In a statement, Major General Sabah al-Nu’man, spokesman for the Commander-in-Chief of the Armed Forces, said that “high-level Iraqi and American officials held technical consultations in Baghdad regarding the future of bilateral security relations, in line with the Strategic Framework Agreement signed in 2008, and based on the common national security interests of both parties.”

He explained that “both sides renewed their commitment to laying the foundations for a new phase of security cooperation, aimed at enabling federal Iraq to enhance its security and stability, and to achieve tangible benefits for both Iraqis and Americans.”

He added that “officials will continue their consultations during the coming months to strengthen the partnership in the field of combating terrorism and supporting the capabilities of the Iraqi security forces, including the Peshmerga forces, in a way that contributes to preserving Iraq’s sovereignty, defeating terrorism, enhancing regional stability, and strengthening economic ties between the two countries.”  LINK

Trade: Moving Towards Activating Export Support Tools And Developing Foreign Trade

Economy | 07:04 - 07/11/2025   Mawazin News - Baghdad:  The Ministry of Trade affirmed its commitment to activating export support mechanisms and developing foreign trade, in line with the government's vision to diversify national income sources, reduce reliance on oil revenues, and enhance the entry of Iraqi products into global markets.

Ministry spokesperson Mohammed Hanoun stated in a press release that "the Export Support Fund represents one of the main financial tools for encouraging Iraqi exporters to enter foreign markets.

" He explained that "the support mechanisms are linked to tangible results, namely increasing the value and diversification of non-oil exports, thereby achieving real economic returns that benefit the national economy."

He added that "the Ministry is working to activate the insurance aspect of exports in coordination with national insurance companies, with the aim of reducing the risks that exporters may face when dealing with international markets." He pointed out that "this step will enhance confidence in Iraqi products and increase their competitiveness in regional and global markets."

Hanoun continued, stating that "revenues from commercial activity have witnessed an increase during the current year, as a result of the increased volume of trade, the development of the business environment, and the expansion of marketing channels both domestically and internationally."

He emphasized that "the Ministry is continuing to improve regulatory procedures and simplify export and import processes, in accordance with the goals of sustainable economic development."

He affirmed that “the Ministry of Trade is committed to supporting local exporters and producers, and is working to expand the production base and improve the quality of Iraqi goods to make them competitive in foreign markets, in a manner befitting Iraq’s economic reputation.”   https://www.mawazin.net/Details.aspx?jimare=269924

Ministry Of Trade: Export Support Fund Enhances The Entry Of Iraqi Products Into Global Markets

Baratha News Agency1182025-11-07  The Ministry of Trade affirmed on Friday its commitment to activating export support tools and developing foreign trade, within the framework of the government's vision aimed at diversifying national income sources, reducing dependence on oil revenues, and enhancing the entry of Iraqi products into global markets.

Ministry spokesperson Mohammed Hanoun told the official news agency that "the Export Support Fund represents one of the main financial tools for encouraging Iraqi exporters to enter foreign markets," explaining that "the support mechanisms are linked to tangible results, namely increasing the value and diversification of non-oil exports, thereby achieving real economic returns that benefit the national economy."

He added that "the ministry is working to activate the insurance aspect of exports in coordination with national insurance companies, with the aim of reducing the risks that exporters may face while dealing with international markets," noting that "this step will enhance confidence in Iraqi products and raise their competitiveness in regional and global markets."

Hanoun continued, "Revenues from commercial activity have witnessed an increase during the current year, as a result of the increase in the volume of trade exchange and the development of the business environment, as well as the expansion of marketing channels internally and externally," stressing that "the ministry is continuing to improve regulatory procedures and simplify export and import operations, in line with the goals of sustainable economic development."

He also affirmed that "the Ministry of Trade is committed to supporting local exporters and producers, and is working to expand the production base and improve the quality of Iraqi goods to be competitive in foreign markets, in a manner befitting Iraq's economic reputation."   https://burathanews.com/arabic/economic/467410

Oil Prices Are Heading For Weekly Losses Of Nearly 2%

economy | 08:26 - 07/11/2025   Mawazin News – Economy  Oil prices are headed for a second week of losses despite a slight rise on Friday, weighed down by concerns about oversupply and slowing demand in the United States.

Brent crude futures rose 32 cents to $63.68 a barrel around 8:00 AM on Friday (November 7, 2025).
U.S. West Texas Intermediate crude also rose 32 cents to $59.65 a barrel. Both benchmarks are on track for a weekly decline of about 2%, marking their second consecutive week of losses, as major global producers continue to increase output.

Tony Sycamore, an analyst at IG Markets, told Reuters that the price drop was driven by a surprise 5.2 million barrel increase in U.S. crude inventories, exacerbating concerns about oversupply.

The Energy Information Administration reported on Wednesday that U.S. crude oil stockpiles rose more than expected due to higher imports and reduced refinery activity, while gasoline and distillate inventories declined.

Oil prices are also under pressure from concerns about the broader economic impact of the longest U.S. government shutdown.

On November 2, 2025, the Organization of the Petroleum Exporting Countries and its allies, known as "OPEC+", decided to slightly increase production in December while temporarily suspending increases for the first quarter of next year for fear of oversupply.   https://www.mawazin.net/Details.aspx?jimare=269875

Gold Rises Amid A Weakening Dollar

Friday, November 7, 2025,  | Economy Number of views: 287   Baghdad/ NINA /Gold prices rose on Friday amid a weaker dollar, after private sector jobs reports pointed to a weak US labor market, reinforcing expectations of another interest rate cut.

Spot gold climbed 0.4 percent to $3,994.03 an ounce by 0341 GMT, but is on track for a weekly loss of 0.3 percent. The precious metal has fallen by about eight percent since hitting an all-time high of $4,381.21 on October 20.

U.S. gold futures for December delivery rose 0.3 percent to $4,004.40 an ounce.

Among other precious metals, spot silver rose 0.7 percent to $48.31 an ounce, but is on track for a weekly loss of 0.7 percent. Platinum fell 0.4 percent to $1,534.21 and is heading for a weekly decline of about two percent. Palladium rose 0.3 percent to $1,379.33 and is on track for a weekly gain of 0.5 percent. https://ninanews.com/Website/News/Details?key=1260752

Baghdad Airport Enters A Development And Modernization Phase To Keep Pace With International Standards.

November 7, 2025   Baghdad – Sari Tahseen  The government has awarded the tender for the rehabilitation and development of Baghdad International Airport to the winning consortium. A statement received by Al-Zaman yesterday said that “Al-Sudani oversaw the signing ceremony for the tender for the development, expansion, and operation of Baghdad International Airport, with the CAIB consortium, led by Corporation of America Airports, winning the bid.”

 The statement continued, “The International Finance Corporation (IFC), a member of the World Bank Group, worked for two years on preparing the tender, outlining the requirements for presenting the project to international companies, selecting the best bids, and drafting the public-private partnership contract for the airport’s development and operation.”

Development And Modernization

The statement explained that the development and modernization process includes the construction of a new passenger terminal with a capacity of 9 million passengers annually in the first phase, later increasing to 15 million passengers.

 It also includes upgrading runways, installing passenger boarding bridges, constructing a comprehensive building for the Civil Aviation Authority, a modern VIP lounge, a modern parking garage, and upgrading all service systems according to international airport standards. Furthermore, it involves training existing Iraqi staff and creating 1,000 new job opportunities for every additional million passengers with increased capacity.

 The Ministry of Planning also confirmed that it is monitoring the progress of investment projects through a new system and indicated that 35 percent of the development plan's budget has been allocated to investments in the first phase.

Ministry spokesperson Abdul Zahra al-Hindawi stated yesterday that the Ministry of Planning has taken significant steps to monitor private sector projects, aiming to establish streamlined mechanisms for implementing infrastructure projects in general, in accordance with the development gaps identified by the Ministry. He added that these steps include the formation of a Private Sector Development Council.

He further explained that this council will play a role in monitoring the five-year development plan, noting that the plan allocates 35% of its budget to private sector investments, compared to 65% for the public sector, as a first phase.

He continued, stating that the private sector's share in the development plan will gradually increase, ultimately achieving the full partnership the government seeks to realize.

Al-Hindawi emphasized that this partnership will contribute to creating a positive and attractive investment environment for both domestic and foreign investors.

 He added that the Ministry monitors investment projects through an existing database and electronic platform, which contains comprehensive details of all projects implemented by government entities, whether ministries, non-ministerial bodies, or governorates.

He stressed that the monitoring process ensures accurate tracking of project implementation rates and financial expenditures, facilitating the resolution of any challenges encountered. (Projects).

The Chinese Ambassador to Baghdad, Cui Wei, affirmed his country's commitment to continuing cooperation with Iraq in all fields. Speaking at a press conference yesterday, Wei said that "Iraq and China anticipate a significant increase in trade this year compared to last year, despite the clear decline in oil prices.

" He explained that "there has been an increase in the volume of Chinese imports of Iraqi crude oil, but the financial value is lower due to the drop in oil prices."

He pointed out that "crude oil is one of Iraq's most important exports to China, which demonstrates the significant volume of trade between the two countries despite the decline in oil prices.

The Iraqi government has made considerable efforts in economic and urban development and the current stability, and some of these achievements are part of Iraqi-Chinese cooperation."

He added that "Prime Minister Mohammed Shia' al-Sudani has made great efforts to cooperate with China, and we appreciate that. The number of Chinese companies operating in Iraq has also witnessed a significant and noticeable increase, in addition to many private companies that came from Beijing to seek information about the situation in Iraq.

We expect to see more Chinese products in the Iraqi market, including cars, one of the reasons for which is the growth of Chinese industries and the decrease in car prices from other manufacturers. China has become the largest and fastest-growing producer and consumer of automobiles."

Important communication

Regarding the Chinese side’s participation in the Development Road project, the Chinese ambassador affirmed, “We support the Development Road project, and there is important communication between the Iraqi and Chinese sides regarding the implementation of the project.

After the program of this project is clarified, the Chinese side will be actively willing to support this project, which is an integrated route for the Belt and Road Initiative, and we certainly support it because it is an important and advanced Iraqi project.”

He explained that “Iraq is an important partner for China in the Belt and Road Initiative, as cooperation between the two countries in the Belt and Road Initiative has resulted in an increase in the volume of trade and the number of completed projects compared to other Arab countries and the region, and this has placed Iraq in an advanced position in the region within the initiative.”  LINK

 

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

“Tidbits From TNT”Saturday Morning 11-8-2025

TNT:

Tiswhwash:  I know it says 2027 don't let that bother you. I don't recall ever seeing an article like this about the Rupiah

Rp1,000 Becomes Rp1? Indonesia Eyes Rupiah Redenomination Bill by 2027

Jakarta. Indonesia is preparing a draft law to redenominate the rupiah --a long-discussed plan to trim zeros from the currency-- with the legislation targeted for completion in 2027.

The measure appears in Finance Ministry Regulation (PMK) No. 70/2025 on the ministry’s 2025–2029 strategic plan, issued on Oct.10 and enacted on Nov. 3.

“The bill on the redenomination of the rupiah is a carried-over bill that is planned for completion in 2027,” the document states.

Redenomination would remove several zeros from rupiah denominations without altering purchasing power. For example, Rp 1,000 would become Rp1, but the value of goods and services remains unchanged.

Officials argue the move is intended to improve economic efficiency, increase the rupiah’s credibility, and enhance Indonesia’s competitiveness, while reinforcing confidence in the national currency.

The idea of trimming rupiah digits has periodically resurfaced for more than a decade.

In 2023, Bank Indonesia said it was technically ready to implement redenomination, including design work and operational planning, but had not yet found the right timing. Policymakers cited three main considerations: domestic and global macroeconomic conditions, monetary and financial system stability, and social-political dynamics. The central bank emphasized that redenomination is not devaluation, but past experiences (inflation, currency crises) make the public cautious.

A similar discussion emerged in 2016 under President Joko Widodo and then-BI Governor Agus Martowardojo. A draft bill was submitted to the legislature in 2015, but it has never been passed. link

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Tishwash:  ExxonMobil CEO optimistic after company's return to Iraq

ExxonMobil CEO Darren Woods said during an interview in Sao Paulo, Brazil, on Friday that he is optimistic about the company's potential return to Iraq.

Woods, who was in Brazil's financial center to attend events related to the UN Climate Summit (COP30), added that acquisitions represent a pivotal part of the company's work in the energy sector.  link

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Tishwash:  Sudanese: There is no economic, service, or developmental field in which we have not made an achievement.

Prime Minister Mohammed Shia al-Sudani confirmed on Friday that his government was not formed in ideal circumstances, but it launched many projects without hesitation.

Al-Sudani said during a conference held in Baghdad, "We will choose the outstanding achievement in the fund and turn the page on the remaining pages of failure, corruption and limited vision. We choose construction, reconstruction and development. We launched the projects without hesitation, but with clear planning and vision and serious follow-up, and we continued day and night for the sake of achievement."

He added, "We are still planning for Baghdad not for one or two years, but for the next twenty-five years, just as we are planning for Iraq for the next twenty-five years."

He continued, "Our strength comes from you, the generous people of Baghdad, and our drive to perform our duty comes from your conviction in us, in our work, and in what we plan to complete."

Al-Sudani added, "We will expand the boundaries of the Baghdad Municipality to include new districts and sub-districts, and we will launch (Greater Baghdad Municipality) to end the problem of overlapping powers, overlapping services, and administrative and service confusion.

He added, "Our government was not formed in ideal circumstances, and trust was shaky between the citizen and the steps taken by state agencies. Thousands of stalled projects accumulated, and with them, sums exceeding $100 billion were frozen. The development process was disrupted, with a mono-economy and limited opportunities in government jobs."

He added, "We are not accustomed to complaining in our discourse, nor to attributing setbacks to past causes, despite the many chaotic decisions and lack of vision that we inherited. We started with priorities that directly relate to the needs of the Iraqi family, youth, students, workers, laborers, farmers, employees, and all segments of society, and we focused on combating corruption and poverty and reducing unemployment. There is not enough space to list the indicators of change and progress, but we say with certainty: there is no economic, service, or developmental field in which we have not made a clear and tangible achievement."

The Prime Minister added, "I call upon you, the people of Iraq, to ​​support our honorable path. I call upon you to protect what you have achieved through your patience, efforts, and money. I call upon you to support the reconstruction and development process and to participate effectively in the elections. These elections are the most important since 2003 until today, because they will determine your future and the future of Iraq for the next twenty years. Every sincere vote is important, so never compromise your rights, never underestimate your strength, and do not allow the corrupt and the failures to return to manipulate you, your city, and your Iraq."

He pointed out that "Baghdad needs your support, and Iraq needs your support, so that we can continue the journey towards the future, and never return to the painful past, where there was failure, laziness, neglect, corruption, and poor planning and management.

Some in Baghdad have challenged us and said that they will garner the most votes, but we do not challenge anyone, because we trust you. We trust your choice, and you will not give your votes based on sect or ethnicity. Your vote will not be for a candidate only, but it is a vote for the present and the future, so do not allow the people of crises to return to you, nor the people of lies and deception to tamper with your lives."

He concluded by emphasizing that "election day is just one day, but its result will either move us forward for the next four years, or set us back another four years that will be lost from the progress." link

Mot:  Ralph Better Pay Attention This Time!!!

Mot: I Seeeeeeee UUUUUUUUuuuuuuuuuuuuuuuu!!!!

Seeds of Wisdom RV and Economics Updates Friday Afternoon 11-7-25

Good Afternoon Dinar Recaps,

BRICS Gold Currency Shift: The Gradual Architecture of a Global Reset

Gold-backed trade corridors and digital payment rails are reshaping world finance — one settlement at a time.

A Slow but Strategic Transformation

The BRICS gold currency initiative isn’t a sudden shock to the financial system — it’s an incremental strategy that is quietly altering the foundations of global trade and reserves.
Rather than replacing the dollar overnight, the bloc is building alternatives: digital payment rails, regional vault networks, and gold-linked settlement frameworks that operate in parallel to the existing system.

• The BRICS framework has catalyzed cross-border payment systems that bypass Western sanctions.

• Gold and silver demand have surged as nations seek “insurance” against geopolitical risk.

• The process represents a monetary evolution, not revolution — a system shift achieved through infrastructure, not headlines.

The result: a distributed financial network emerging under the radar — one that points toward the next phase of the global financial reset.

Payment Systems Replacing Dollar Monopoly

At the core of this shift lies a multi-layered settlement ecosystem.
Rather than minting a single BRICS coin, member nations are linking national payment systems and regional clearinghouses in local currencies.

• Roughly 90% of intra-BRICS trade is now settled in local currencies — up from 65% just two years ago.

• The 2025 BRICS Summit confirmed expansion of these systems via blockchain-enabled digital platforms.

• Russia and China are leading the rollout of independent payment infrastructures, while India and Brazil build domestic exchange mechanisms to connect.

Former Russian Ambassador Yury Ushakov explained:

“We believe that creating an independent BRICS payment system is an important goal for the future, based on digital technologies and blockchain.”

This decentralization does not eliminate the dollar — it dilutes its monopoly, opening the door to a multi-polar monetary ecosystem.

Central Banks Move Toward Hard Assets

The World Gold Council reported that central banks purchased 166 tonnes of gold in Q2 2025, a 41% increase from the average.
Russia, China, and India remain the largest accumulators — signaling a systemic pivot from paper reserves to physical value storage.

• Russia: 2,335.85 tons of gold holdings

• China: 2,298.53 tons, with accumulation through state-linked banks

• Poland: largest non-BRICS buyer in 2024, reflecting a broader East-West pattern

Gold flows through COMEX, Shanghai, and Zurich continue to show unusual physical delivery patterns — suggesting sovereign demand underpins recent vault expansions.
Premiums on physical delivery remain high, reflecting sustained institutional accumulation.

Incremental Shifts, Structural Change

India’s External Affairs Minister S. Jaishankar recently clarified:

“We’re not seeking to replace the dollar. What we want is more stability in the global system.”

That stability now depends on diversification, not domination.
Survey data shows that 76% of central banks plan to increase gold reserves within five years — an unprecedented consensus in the modern era.

• Sanctions are re-engineering payment systems toward regional independence.

• New sovereign digital currencies are being tested for asset-backed cross-border use.

• Nations are linking vault networks and local-currency trade invoicing as transitional steps.

This evolution represents the structural rewiring of the global system — slow, deliberate, and irreversible. The BRICS gold currency shift is less a headline than a blueprint: the architecture of a new hybrid world order, where tangible assets underpin digital exchange.

Analysis: Why It Matters for the Global Reset

The BRICS gold strategy embodies three pillars of the global reset:

• Financial Infrastructure – creation of alternative rails to SWIFT

• De-Dollarization – trade invoicing in local currencies

• Asset-Backed Credibility – gold and silver accumulation to reinforce trust

Each small adjustment — from settlement corridors to central bank accumulation — erodes single-pole financial control and replaces it with a distributed balance of economic sovereignty.
The reset is not coming one day — it’s already underway in transactions, vaults, and ledgers.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Watcher.Guru – “BRICS Gold Currency Shift Highlights Strategic Moves in Global Trade”

• World Gold Council – Quarterly Gold Demand Trends, 2025 Q2

• Reuters – “Global Gold Demand Climbs 3% to Quarterly Record as Investment Soars”

• IMF – Central Bank Gold Reserves Data (2025)

• Modern Diplomacy – BRICS 2025 Summit Coverage

~~~~~~~~~

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Thank you Dinar Recaps

Seeds of Wisdom RV and Economics Updates Friday Morning 11-7-25

Good Morning Dinar Recaps,

Abu Dhabi’s Ambition: Bridging the Divide in Global Finance

How a rising Middle Eastern hub could reshape trade corridors and capital alignment

As rivalries deepen between the U.S., China, and India, Abu Dhabi is positioning itself as a neutral financial hub linking East and West. Through the Abu Dhabi Global Market (ADGM), the UAE plans to become one of the world’s top five financial centers within the next decade.

Key Points:

• ADGM expansion targets partnerships with New York, London, Singapore, and Hong Kong.

• The UAE’s unique geopolitical neutrality lets it handle U.S.-China and BRICS capital flows.

• Gulf sovereign funds are quietly reallocating reserves into gold and non-dollar assets, signaling a shift toward multipolar finance.

Global Reset Implications:
A neutral Middle Eastern hub offering multi-currency settlement and cross-border payment networks is a cornerstone of a post-dollar trading order. If successful, Abu Dhabi could become a bridge node between SWIFT and BRICS systems, reducing Western financial dominance.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Source:
Newsweek — As Rivalries Grow, One Financial Hub Seeks to Bridge US, China, India

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 Kazakhstan Joins Abraham Accords: Peace Meets Economic Realignment

Trump’s Middle East peace initiative expands again, linking diplomacy with trade corridors

The announcement that Kazakhstan will join the Abraham Accords marks a major shift in Eurasian diplomacy — one that links peace, energy, and infrastructure. This move aligns with Trump’s broader energy corridor diplomacy, connecting Central Asia to Middle Eastern logistics hubs.

Key Points:

• Kazakhstan gains direct ties with Israel, UAE, and the U.S. for energy and tech exchange.

• Central Asia becomes a bridge between BRICS economies (China, Russia, India) and Western trade frameworks.

• Normalization deals increasingly include financial technology partnerships and joint digital currency experiments.

Global Reset Implications:
Peace accords now carry monetary integration clauses, paving the way for cross-border CBDCs and shared commodity-backed trade systems. Kazakhstan’s entry effectively positions Central Asia as a test zone for multipolar financial coexistence.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Source:
Modern Diplomacy — Kazakhstan to Join Abraham Accords, Boosting Trump’s Peace Push

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U.S. Security Moves: From Gaza to Damascus to Venezuela

Military strategy and monetary influence converge again

Washington’s multifront repositioning — from Gaza to Damascus to El Salvador — signals a blending of military presence with monetary power projection.

Key Points:

• The U.S. pushed the UN to approve a Gaza stabilization force, cementing control over reconstruction funding.

• Plans to establish a presence at a Damascus airbase suggest deeper control over the Levant’s oil and logistics routes.

• Satellite imagery shows U.S. aircraft activity in El Salvador, extending surveillance and operations toward Venezuela.

Global Reset Implications:
Strategic deployments ensure the U.S. remains a gatekeeper of regional energy flows and dollar liquidity. Yet these moves also drive rival blocs — particularly BRICS and the SCO — to accelerate de-dollarized security alliances, balancing the equation.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

•  Modern Diplomacy — U.S. Pushes UN to Approve Gaza Peace Force

•  Modern Diplomacy — US Moves to Establish Presence at Damascus Airbase

•  Newsweek — Satellite Photo Shows US Ramping Up Military Pressure on Venezuela

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Trump’s Iran Opening: Sanctions Relief and the Currency Realignment Ahead

A potential U.S.-Iran thaw could trigger a new phase in global oil trade settlement

President Trump hinted that Iran has requested sanctions relief and that he is “open to hearing that.” If realized, this could reintegrate Iran into global markets, impacting oil pricing, currency flows, and regional alliances.

Key Points:

• Sanctions easing could allow Iran to trade oil in multiple currencies, challenging the dollar’s pricing monopoly.

• Gulf states and Asian buyers could settle oil trades in yuan, dirhams, or gold-backed instruments.

• A U.S.-Iran rapprochement would reconfigure OPEC+ strategy and realign Middle East investment channels.

Global Reset Implications:
If Washington tolerates non-dollar energy settlements, this signals acceptance of a multi-currency order. Iran’s return could trigger broader adjustments in petrodollar recycling, weakening dollar liquidity dominance over time.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Modern Diplomacy — Trump Says Iran Seeking Sanctions Relief, Signals Openness to Talks

• Newsweek — Trump Signals Shift on Iran

~~~~~~~~~

Gold’s Quiet Surge: The Metal Beneath the Monetary Reset

Central banks and sovereign funds are preparing for a parallel asset base

Recent IMF and central bank data show record gold accumulation in 2025 by BRICS+, the Gulf, and even Western reserves. As fiat volatility grows, gold remains the anchor for multipolar trust.

Key Points:

• Central banks have added over 1,000 tons of gold since January 2025.

• BRICS payment systems increasingly reference gold as a clearing unit for digital settlements.

• Western funds quietly hedge against sovereign debt exposure via physical gold holdings.

Global Reset Implications:
Gold accumulation is the backbone of the new financial architecture — a silent bridge between fiat and digital assets. In a world of fragmented currencies, gold’s universal acceptance becomes the collateral base of global settlement.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Global gold demand climbs 3% to quarterly record as investment soars — Reuters

• Gold’s rise in central bank reserves appears unstoppable — Reuters

• Gold’s record-breaking rally: who’s keeping it going? — Reuters

• World Gold Council, IMF Reserve Data (2025)

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Friday Morning 11-7-25

Government Advisor: The Central Bank Has Amended The List Of Iraqi Banks To Comply With International Standards.
 
Baghdad - WAA - Hassan Al-Fawaz  The Prime Minister’s Advisor for Banking Affairs, Saleh Mahoud,  confirmed on Wednesday that  there are agreements with European entities to   support investment projects in Iraq, while noting that 
five projects are awaiting a Cabinet decision to issue sovereign guarantees.  Mahoud told the Iraqi News Agency (INA):
 
“The Central Bank has made an amendment to the list of Iraqi banks,   which was limited to government banks,    in accordance with the standards required by   external parties,   foreign correspondents, and the    bank that finances those projects.” 

He added that "over the course of two years, the Sovereign Guarantees Committee has   made great efforts in coordinating with the      guaranteeing institutions and the   financing banks, as well as its efforts in coordinating the    relationship between the     Industrial Bank and the   Ministry of Finance."

  He pointed out that   "there are agreements previously signed with Spanish, German and English entities,  and one of those projects has obtained a sovereign guarantee, and    all procedures will be completed within a period of two weeks      after all the details related to the final accounts are resolved."

He explained that   “five projects are awaiting the Cabinet’s decision to issue the sovereign guarantees stipulated in one of the paragraphs of the general budget,  amounting to one trillion Iraqi dinars, to cover all projects,” noting that   “the number of projects reached 6, and the  Cabinet approved the disbursement of 600 billion dinars, and 400 billion dinars
remain.” 

 He stated that “Based on the recent Cabinet decision, the  Central Bank issued an amendment that includes a list of banks that were    previously limited to government banks,    in accordance with the standards required by     external parties,     foreign correspondents, and the    bank providing the financing.
 
According to that amendment, the   Sovereign Guarantees Committee was informed that the remaining projects within the one trillion ceiling should be handled by private banks.” 

He pointed out that "the Trade Bank of Iraq (TBI) has been informed that the  upcoming projects will be in the private sector, and within    a week or ten days there is an agreement waiting to be signed with the Dutch."    https://ina.iq/ar/economie/247240-.html   

After Years Of Stagnation, A Government Advisor Says 75 Iraqi Companies And Factories Are Exporting Their Products Abroad.
 
 Baghdad – WAA – Hassan Al-Fawaz   Hamoudi Al-Lami, the  Prime Minister’s Advisor for Industry, Development and the Private Sector, confirmed on Wednesday that indicators of industrial recovery in Iraq have begun to appear clearly, noting that   75 Iraqi companies and factories are exporting their products abroad.

Al-Lami told the Iraqi News Agency (INA) that "Iraqi products are now reaching foreign markets in   Arab and   European countries," stressing that this represents "a   return of confidence in the local product and an   expansion of the national production base." 

Al-Lami added that  "the latest data from the Ministry of Trade,   which is responsible for granting export licenses,   indicates that 21 Iraqi food companies have recently     obtained official export licenses and      have already begun marketing their products to dozens of   Arab and    European countries, including the   Gulf countries,    Jordan,   Turkey,    Kuwait,   Egypt and     others."  

 He added that "54 national factories have already begun exporting their products abroad, in a move that reflects the recovery of the national industrial sector   after years of stagnation." 

 He pointed out that “Iraqi products that have reached foreign markets include   batteries,   reinforcing steel,   carpets,   textile products, and   electrical wires and cables,” stressing that this represents   “a return of confidence in the local product and an   expansion of the national production base.” 

 Al-Lami explained that “the government has taken a package of   measures and   legal amendments during the past period to      facilitate the investment environment and      support the industrial sector, including      amending a number of Cabinet decisions and      issuing new decisions aimed at attracting investors and      addressing the obstacles facing local factories.”     https://ina.iq/ar/economie/247248-75.html   

MP: Iraq Will Become One Of The Most Important Gas Exporters In The Middle East Within Three Years
 
    November 6, Information / Baghdad.. MP Ali Al-Lami confirmed on Thursday thatIraq will become one of the key players in the Middle East   in the field of natural gas exports      within the next three years.

 Al-Lami told Al-Maalomah that   “Iraq has a series of major gas fields that contain large reserves of natural gas,   especially the Mansouriya and Akaz fields,      as well as other fields that are currently being developed,” indicating that “all of these fields are currently undergoing advanced development operations, and the first stages of actual production are expected to begin during 2026.”

He added that  "completing the production phases in parallel with  ending the flaring of associated gas in the oil fields will make Iraq, within three to four years,    one of the main players in exporting natural gas in the Middle East,      if the pace of development continues at the current level." 
 
Al-Lami pointed out that "exporting natural gas at high levels   will grant Iraq significant economic flexibility,      especially given the fluctuations in the oil market from time to time.
 
This will contribute to   stabilizing financial revenues and   investing in the gas wealth      that has been wasted for decades due to flaring in oil fields." (End of quote 25)    
  
https://almaalomah.me/news/114721/economy/نائب:-العراق-سيتحول-إلى-أحد-أهم-مصدري-الغاز-في-الشرق-الأوسط    

Iraq Saves 8 Trillion Dinars After Closing The Gasoline Import File… An Economic Step That Restores Balance To The Budget And Opens The Door To Exports For The First Time
 
November 6, 2025   Baghdad / Iraq Observer In an economic transformation considered one of the most significant achievements of the last two decades, Iraq officially announced    its entry into a phase of complete self-sufficiency in petroleum products.
 
This marks a shift from a country that    relied for decades on importing gasoline, gas, and fuel oil    to a producer and exporter capable of       meeting its domestic needs and       opening new avenues for regional and international exports.
 
This announcement, made in a statement issued by the office of Prime Minister Mohammed Shia al-Sudani on November 4, 2025, represents a turning point in the history of the Iraqi oil industry, following years of continuous work to   rehabilitate and operate the major refineries       in Karbala, Baiji, and Basra, and to   expand production lines to       meet increasing domestic and international demand.
 
Legal and banking researcher Saif Al-Halfi confirmed   in a special statement to “Iraq Observer” that Iraq has achieved an   unprecedented historical accomplishment in the oil industry,    after officially announcing its entry    into the stage of self-sufficiency in oil derivatives, moving    from the position of an importing country   to the position of a producer and exporter,  in a step he described as    “a qualitative shift in the structure of the national economy   and the  opening of a new door towards  manufacturing industries and   clean energy.”

 Al-Halfi explained that the oil refining sector represents the backbone of the Iraqi economy today, as  it is the bridge that transforms    low-priced crude oil      into vital, high-value derivatives such as      gasoline,      kerosene,      gas oil,      liquefied gas, and      jet fuel. He pointed out that the  high global and local demand for these derivatives   has made developing refineries      a strategic goal for the government to         reduce imports and         preserve hard currency. ]

He added that the announcement issued by the office of Prime Minister Mohammed Shia Al-Sudanion November 4, 2025,  confirmed the achievement of complete self-sufficiency    after three years of intensive efforts to       rehabilitate and operate Iraqi refineries,        including the Karbala refinery, the Baiji refinery, and the        expansion of the Basra (Shuaiba) refinery, indicating that this step “astonished foreign refining companies and confused traders   who had been exporting derivatives to Iraq for many years.” 

Al-Halfi explained that Iraq currently has more than ten major refineries distributed across the north, center, and south of the country. He noted that the Karbala refinery, officially opened in 2023 with a capacity of 140,000 barrels per day,   represents a significant leap forward      thanks to its          use of environmentally friendly technologies and its          production of fuel that meets European standards.
 
The Basra (Shuaiba) refinery operates at a capacity of 210,000 barrels per day and is one of the oldest refineries in the country. Meanwhile, the Baiji refinery, which was partially restarted after being damaged in the war against ISIS, is progressing towards restoring its full capacity of 300,000 barrels per day. 

 Al-Halfi pointed out that the projects of the    Maysan refinery with a capacity of 150,000 barrels per day and the    Faw refinery with a capacity of 300,000 barrels per day       will make Iraq a regional player in exporting oil derivatives, especially since the Faw refinery is designed to be a strategic refinery for exporting high-quality fuel to Europe and America    within the “Development Road” projects.
 
He revealed that Iraq's current refining capacity is 1.3 million barrels per day,and is expected to rise to 1.6 million barrels per day upon completion of the projects.
 
This will enable the country to   export the surplus and   generate billions of dollars in revenue annually.

He also explained that reducing imports will save approximately $3 billion annually that was previously spent on importing refined products, in addition to   bolstering foreign currency reserves and   improving the national budget. 

Al-Halfi pointed out that  this transformation will directly impact the lives of citizens by   improving fuel quality and   raising the octane level in gasoline to suit modern cars, in addition to   improving the quality of      kerosene and      liquefied gas, and   creating thousands of job opportunities in the fields of      maintenance,      operation,      transportation and      logistics. 

At the same time, he pointed out that there are real challenges that could hinder this success,most notably the  smuggling of petroleum products due to price differences between      Iraq and neighboring countries, in addition to the  age of some refineries, such as Al-Dura and Basra,    which require comprehensive modernization.

He also noted the shortage of electricity and industrial water,   which affects the continued operation of some production units,    calling on the government to establish a balanced pricing policy         that    encourages investment and      maintains the economic viability of projects. He explained that the
 
Iraqi government is working to link the new refineries   to export and internal transport pipelines   to ensure a fair distribution of derivatives between the governorates, in addition to   encouraging foreign investment through the BOT partnership system in the   Nasiriyah and Faw refineries, with the aim of     enhancing     transparency and    operational efficiency. 

Al-Halfi stressed that this major development reflects the government’s strategic vision of transforming   from a crude oil exporting country   to a country that manufactures high value-added petroleum derivatives, indicating that the completion of the Karbala, Maysan and Faw projects will enable Iraq to confidently enter the club of oil refining countries,and will place it in a position of regional leadership in the field of energy and refining.  Al-Halfi concluded his statement by saying:
 
“What is happening today in the refining sector is   not just a technical achievement,      but a national economic victory.
 
Iraq is writing a new chapter in its industrial history,   a chapter whose title is      self-sufficiency,      production and     export,    not dependency and importation.
 
With this transformation, the   country is getting closer to      realizing the dream of cross-border refineries, to      transform    from an importer of fuel   to an exporter of power.”
 
Iraq produces about 4 million barrels of crude oil daily, but until recently it faced a losing economic equation in the derivatives market, as it used to sell a liter of crude oil for less than 50 dinars,   then import it later in the form of gasoline at a price of up to 1200 dinars per liter,      before reselling it to citizens for only about 450 dinars,    which caused annual losses estimated at about     6 billion dollars, or about   8 trillion Iraqi dinars.
 
Thus, Iraq is transforming   from a fuel consumer   to a producer and exporter,    a move that is    reshaping its national economy and      opening new horizons for industrial development and clean energy.
 
With the continued progress of the giant refinery projects in Maysan, Faw, and Nasiriyah, the country is approaching a new phase where the Iraqi economy is being redefined by    refined oil,    not crude, and by    revenues that      will bolster economic sovereignty and    lay the foundation for a future based on   production, not dependence, and on         strategic planning, not improvisation.    https://observeriraq.net/العراق-يوفر-8-تريليونات-دينار-بعد-إغلاق/   

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

“Tidbits From TNT” Friday Morning 11-7-2025

TNT:

Tishwash:  Iraq announces a new phase of security cooperation with America

The spokesman for the Commander-in-Chief of the Armed Forces, Sabah al-Nu’man, announced on Friday that Iraqi and American officials are committed to laying the foundations for a new phase of security cooperation, stressing that consultations between the two sides regarding the future of the relationship between the two countries will continue .

Al-Nu’man said in a statement received by Shafaq News Agency that “high-level American and Iraqi officials held technical consultations on November 6 in Baghdad regarding the future of the bilateral security relationship between the two countries, in line with the 2008 Strategic Framework Agreement and based on shared national security interests .”

He added that "the participants affirmed their continued commitment to laying the foundations for a new phase of security cooperation between the United States and Iraq that will continue to enable federal Iraq to provide its own security and deliver tangible benefits to both Americans and Iraqis ."

According to the statement, "High-level officials will continue their consultations in the coming months with the aim of strengthening long-term security cooperation and counterterrorism efforts that support and enhance the capabilities and readiness of the Iraqi Federal Security Forces, including the Peshmerga forces, and promote common interests in preserving Iraq's sovereignty, defeating terrorism, enhancing regional stability, and strengthening economic ties between the two countries  link

Tishwash:  Iraq closes the import chapter and opens the door to exports... achieving historic self-sufficiency in oil derivatives

 In an economic shift that is the first of its kind in more than two decades, the Iraqi government has officially announced a complete halt to the import of key oil derivatives, most notably gasoline, gas oil (kerosene), and white oil, after the country achieved complete self-sufficiency in the production of these materials.

The announcement, which appeared in an official document issued by the office of Prime Minister Mohammed Shia, confirmed that the surplus of these products would be diverted to exports, after domestic production exceeded the level of internal consumption, in a move described as a crucial turning point in the course of the Iraqi energy sector.

This achievement is the culmination of three years of government efforts focused on operating new refineries and rehabilitating refineries damaged by wars and terrorism, within a strategic vision aimed at reducing dependence on foreign countries, especially Iran, which was the main supplier of imported derivatives in previous years.

Iraq, the second largest producer in OPEC, is on the verge of a new phase of energy independence, not limited to oil derivatives, but extending to the natural gas sector as well, as the government recently signed a contract with the American company “Excelerate Energy” to establish a floating platform for liquefied natural gas with a capacity of up to 15 million cubic meters per day, with the aim of supplying power plants with clean fuel and at a lower operating cost compared to fixed platforms.

Prime Minister Mohammed Shia al-Sudani confirmed that his government has set a timetable to achieve complete self-sufficiency in gas by 2028, noting that Iraq now has the ability to produce high-octane gasoline locally, and continues to strengthen its partnerships with American companies to train national staff on the latest energy technologies and develop oil and electricity fields.

This trend comes amid continued fluctuations in Iranian gas supplies, which have long been a double pressure factor on Iraq, both from the side of rising Iranian domestic consumption and from the side of international sanctions imposed on Tehran.

In the same context, Deputy Prime Minister for Energy Affairs and Oil Minister Hayyan Abdul Ghani confirmed that Iraq has managed to achieve a significant increase in production rates within the refining sector, enabling the country to reach self-sufficiency and reducing the need for imports to a minimum, with the expectation that imports will cease entirely by the end of this year.

He pointed to the operation of huge projects such as the Karbala refinery, the rehabilitation of the Al-Sumoud refinery in Baiji, and the opening of new units in the Chinese, Haditha and southern refineries, most notably the FCC unit with a capacity of 55,000 barrels per day.

While Iraq is moving towards full investment in associated gas by 2029, the minister revealed that its investment rate has increased from 53% to 74% since the current government took office, reflecting Iraq’s commitment to implementing the decisions of the Paris Climate Conference and reducing thermal emissions through renewable energy projects under implementation in cooperation with international companies, including the French company Total.

While Iraq is making leaps in the production of oil derivatives, the parliamentary Oil and Gas Committee recorded that refining capacity has reached unprecedented levels, reaching about 1.5 million barrels per day, which has been reflected in reducing the import of regular gasoline to about 15%, and improved gasoline to 80%, with more than 25 million liters per day entering the local market.

Oil expert Ahmed Askar described the government's decision to halt imports of gasoline, kerosene, and white oil as strategically timed, reflecting effective management of oil resources after the state treasury had been spending billions of dollars annually to cover shortages of these materials. He explained that this shift will free up those billions to be redirected towards development and infrastructure projects, emphasizing that self-sufficiency would not have been achieved without long-term investments in refineries and the development of downstream industries.

Askar did not conceal the existence of future challenges, including the need to ensure the sustainability of production, achieve a stable surplus for export, and regulate the local market in terms of quality and prices. He also pointed to the importance of strengthening strategic reserves of petroleum products and linking refineries to an integrated transportation and distribution system that ensures equitable distribution among the governorates.

With this achievement, Iraq is steadily moving towards ending its dependence on foreign sources for petroleum products and entering a new phase of economic sovereignty over its resources, at a time when the government is working to diversify energy sources and integrate oil and electricity production

With the completion of the major refinery projects, the country is entering a new chapter in its industrial history, one written by planning, not emergency measures; by sovereignty, not need; and by development, not deficit. link

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

Tishwash:  Iraq saves 8 trillion dinars after closing the gasoline import file… an economic step that restores balance to the budget and opens the door to exports for the first time

In an economic transformation considered one of the most significant achievements of the last two decades, Iraq has officially announced its entry into a phase of complete self-sufficiency in petroleum products.

This marks a shift from a country that relied for decades on importing gasoline, gas, and fuel oil to a producer and exporter capable of meeting its domestic needs and opening new avenues for regional and international exports.

 This announcement, made in a statement issued by the office of Prime Minister Mohammed Shia al-Sudani on November 4, 2025, represents a turning point in the history of the Iraqi oil industry, following years of continuous work to rehabilitate and operate the major refineries in Karbala, Baiji, and Basra, and to expand production lines to meet increasing domestic and international demand.

Legal and banking researcher Saif Al-Halfi confirmed in a special statement to “Iraq Observer” that Iraq has achieved an unprecedented historical accomplishment in the oil industry, after officially announcing its entry into the stage of self-sufficiency in oil derivatives, moving from the position of an importing country to the position of a producer and exporter, in a step he described as “a qualitative shift in the structure of the national economy and the opening of a new door towards manufacturing industries and clean energy.”

Al-Halfi explained that the oil refining sector represents the backbone of the Iraqi economy today, as it is the bridge that transforms low-priced crude oil into vital, high-value derivatives such as gasoline, kerosene, gas oil, liquefied gas, and jet fuel. He pointed out that the high global and local demand for these derivatives has made developing refineries a strategic goal for the government to reduce imports and preserve hard currency.

He added that the announcement issued by the office of Prime Minister Mohammed Shia Al-Sudani on November 4, 2025, confirmed the achievement of complete self-sufficiency after three years of intensive efforts to rehabilitate and operate Iraqi refineries, including the Karbala refinery, the Baiji refinery, and the expansion of the Basra (Shuaiba) refinery, indicating that this step “astonished foreign refining companies and confused traders who had been exporting derivatives to Iraq for many years.”

Al-Halfi explained that Iraq currently has more than ten major refineries distributed across the north, center, and south of the country. He noted that the Karbala refinery, officially opened in 2023 with a capacity of 140,000 barrels per day, represents a significant leap forward thanks to its use of environmentally friendly technologies and its production of fuel that meets European standards. The Basra (Shuaiba) refinery operates at a capacity of 210,000 barrels per day and is one of the oldest refineries in the country. Meanwhile, the Baiji refinery, which was partially restarted after being damaged in the war against ISIS, is progressing towards restoring its full capacity of 300,000 barrels per day.

Al-Halfi pointed out that the projects of the Maysan refinery with a capacity of 150,000 barrels per day and the Faw refinery with a capacity of 300,000 barrels per day will make Iraq a regional player in exporting oil derivatives, especially since the Faw refinery is designed to be a strategic refinery for exporting high-quality fuel to Europe and America within the “Development Road” projects.

He revealed that Iraq's current refining capacity is 1.3 million barrels per day, and is expected to rise to 1.6 million barrels per day upon completion of the projects. This will enable the country to export the surplus and generate billions of dollars in revenue annually. He also explained that reducing imports will save approximately $3 billion annually that was previously spent on importing refined products, in addition to bolstering foreign currency reserves and improving the national budget.

Al-Halfi pointed out that this transformation will directly impact the lives of citizens by improving fuel quality and raising the octane level in gasoline to suit modern cars, in addition to improving the quality of kerosene and liquefied gas, and creating thousands of job opportunities in the fields of maintenance, operation, transportation and logistics.

At the same time, he pointed out that there are real challenges that could hinder this success, most notably the smuggling of petroleum products due to price differences between Iraq and neighboring countries, in addition to the age of some refineries, such as Al-Dura and Basra, which require comprehensive modernization. He also noted the shortage of electricity and industrial water, which affects the continued operation of some production units, calling on the government to establish a balanced pricing policy that encourages investment and maintains the economic viability of projects.

He explained that the Iraqi government is working to link the new refineries to export and internal transport pipelines to ensure a fair distribution of derivatives between the governorates, in addition to encouraging foreign investment through the BOT partnership system in the Nasiriyah and Faw refineries, with the aim of enhancing transparency and operational efficiency.

Al-Halfi stressed that this major development reflects the government’s strategic vision of transforming from a crude oil exporting country to a country that manufactures high value-added petroleum derivatives, indicating that the completion of the Karbala, Maysan and Faw projects will enable Iraq to confidently enter the club of oil refining countries, and will place it in a leading regional position in the field of energy and refining.

Al-Halfi concluded his statement by saying: “What is happening today in the refining sector is not just a technical achievement, but a national economic victory. Iraq is writing a new chapter in its industrial history, a chapter whose title is self-sufficiency, production and export, not dependency and importation. With this transformation, the country is getting closer to realizing the dream of cross-border refineries, to transform from an importer of fuel to an exporter of power.”

Iraq produces about 4 million barrels of crude oil daily, but until recently it faced a losing economic equation in the derivatives market, as it used to sell a liter of crude oil for less than 50 dinars, then import it later in the form of gasoline at a price of up to 1200 dinars per liter, before reselling it to citizens for only about 450 dinars, which caused annual losses estimated at about 6 billion dollars, or about 8 trillion Iraqi dinars.

Thus, Iraq is transforming from a fuel consumer to a producer and exporter, a move that is reshaping its national economy and opening new horizons for industrial development and clean energy. With the continued progress of the giant refinery projects in Maysan, Faw, and Nasiriyah, the country is approaching a new phase where the Iraqi economy is being redefined by refined oil, not crude, and by revenues that will bolster economic sovereignty and lay the foundation for a future based on production, not dependence, and on strategic planning, not improvisation. link

Mot: One of The Latest Things on my to ""Do List""  

Mot: Yet another ""Motism"" fer That Person Who Ya Can't Please!!!

MilitiaMan and Crew: IQD News Update-Real Assets-Gold-Iraq Dinar

MilitiaMan and Crew: IQD News Update-Real Assets-Gold-Iraq Dinar

11-6-2025

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=kTGwC22H72o

Iraq Economic News and Points To Ponder Thursday Evening 11-6-25

The Ministry Of Commerce Is Exploring Ways To Develop The Central Fleet And Enhance Logistical Support To Ensure Smooth Processing And Distribution.
 
Wednesday, November 5, 2025 | Economic    Number of reads: 261   Baghdad/ NINA / The Ministry of Trade held an expanded meeting chaired by the Undersecretary of the Ministry for Administrative Affairs, Sattar Al-Jabri, and attended by the Director General of the Planning and Follow-up Department and representatives of the legal and regulatory departments and the transport department,  to discuss the plan to develop the ministry’s central transport fleet for the year 2026.

The Ministry’s media office statement explained that the meeting  reviewed the most prominent technical and administrative requirements   for developing the central transport system, and    discussed   mechanisms to enhance the efficiency of the fleet and the   maintenance and rehabilitation of trucks and vehicles, in addition to    preparing a plan to modernize the fleet to keep pace with the needs of  transporting food items within the ration card items    and other logistical tasks.
 
Undersecretary Al-Jabri stressed theimportance of providing technical and administrative support   to ensure the    continuity and    efficiency of transportation operations. He emphasized that
 
fleet development contributes to   raising performance levels and  achieving faster and smoother processing and distribution, thus  strengthening the ministry's role   in securing the items included in the ration card and    supporting national food security. /End 3   https://ninanews.com/Website/News/Details?key=1260478  

The Center For Banking Studies Is Organizing A Workshop On Digital Transformation In Banking.
 
November 06, 2025  The Banking Studies Center organized a training workshop entitled“Digital Transformation in Electronic Banking and Financial Services”,with the participation of a number of employees of banks and financial institutions.
 
The workshop aims     to raise the efficiency of participants in the areas of digital transformation, and to
 introduce the latest   applications and   technologies adopted    in electronic financial services, in order   to contribute to the  development of banking performance and the   expansion of the use of modern digital solutions.
 
It is worth noting that organizing this workshop comes within the   framework of the annual training program    aimed at supporting digital transformation  in the Iraqi banking sector,   in line with the strategic directions towards   enhancing financial inclusion and    improving the quality of services provided to citizens.    https://cbi.iq/news/view/3041   

The Center For Banking Studies Signs A Cooperation Framework With The Accounting And Auditing Organization For Islamic Financial Institutions (AAOIFI).
 
November 05, 2025  The Center for Banking Studies concluded a joint cooperation framework with the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), on the sidelines of the  20th edition of the Islamic Banking and Finance Conference organized by the organization in the Kingdom of Bahrain,  during the period from 2 to 3 November 2025.
 
The cooperation framework aims to enhance partnership in the areas of   training,   professional qualification, and the   development of Iraqi competencies in the Islamic banking sector,  through the   exchange of experiences, the   implementation of joint training programs, and   support for the center’s efforts in  adopting and   transferring international standards for Islamic financial institutions     to the Iraqi banking environment.

The AAOIFI-Islamic Development Bank Conference is one of the world’s leading events in the field of Islamic banking.
 
This year’s twentieth editionaddresses some of the most pressing issues in the global economy,highlighting developments that   are reshaping the response of Islamic financial institutions and stakeholders      to fundamental shifts in the international financial system.
 
In this context, the Director of the Banking Studies Center, Dr. Mustafa Munir Ismail, affirmed that  concluding the cooperation framework with the AAOIFI represents a qualitative step towards expanding the center’s regional and international partnerships, noting that the next phase will witness the implementation of specialized professional programs in accordance with the latest international standards, and in a way that enhances the efficiency of workers in the Iraqi financial and banking sector ]

He added that  the center, under the direct guidance of the Central Bank of Iraq,continues its efforts to   develop human capital and   enhance Iraq’s standing in international banking forums,  by   opening up to leading experiences and   adopting the best global practices in banking and finance.      https://cbi.iq/news/view/3040 

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

Iraq Economic News and Points To Ponder Thursday Afternoon 11-6-25

 Al-Shibli: The Central Bank Governor Has Failed To Control The Currency Market.

Economy | 06/11/2025  Mawazin News – Baghdad:  Member of the Finance Committee, Nazim al-Shibli, asserted that the performance of the Central Bank Governor raises many questions, indicating his failure to manage the country's monetary policy. This, he stated, has allowed currency smuggling rings to operate freely.

Al-Shibli said, "The current monetary policy has not achieved the required stability; rather, it has contributed to deepening the economic crisis plaguing Iraq."

He added, "The absence of strict oversight of Iraq's financial affairs has opened the door for currency smuggling rings to operate abroad, which has negatively impacted the local market and the value of the dinar."

He explained that "the continuation of this situation threatens the country's economic security and exacerbates the suffering of citizens, necessitating urgent and decisive measures to stop the drain on hard currency and regulate the markets."    https://www.mawazin.net/Details.aspx?jimare=269809

The Dollar Ends The Week With A Slight Increase In Local Markets. 

Economy | 06/11/2025   Mawazin News - Baghdad:  The exchange rate of the US dollar against the Iraqi dinar saw a slight increase in local markets in the capital, Baghdad.    The selling price reached 142,250 dinars per 100 dollars, while the buying price reached 140,250 dinars per 100 dollars.  https://www.mawazin.net/Details.aspx?jimare=269826

During His Meeting With A High-Level American Delegation, Al-Araji Stated: The Iraqi Government Is Committed To Openness Towards All Countries Of The World.

Thursday, November 6, 2025, 4:58 PM | Politics Number of views: 150   Baghdad/ NINA / National Security Advisor Qasim al-Araji affirmed that the Iraqi government is committed to openness with all countries of the world.

The National Security Advisory stated in a press release: "Al-Araji met today with a high-level American delegation headed by the Director of the US National Counterterrorism Center, Joseph Kent, and in the presence of the Chargé d'Affaires of the US Embassy in Baghdad, Joshua Harris."

During the meeting, they discussed developing relations between Iraq and the United States in a way that serves and strengthens common interests, as well as continuing joint cooperation and the exchange of expertise and information in the field of counterterrorism.

The American delegation praised Iraq's political acumen in avoiding involvement in international and regional conflicts and its efforts to de-escalate tensions in the region.

For his part, al-Araji affirmed that the Iraqi government is committed to openness with all countries of the world in a way that serves Iraq's security and economic interests and strengthens cooperation in the field of development, noting that the strategic relationship with the United States serves both countries and enhances common interests.

During the meeting, al-Araji also expressed his gratitude to the countries that have withdrawn their citizens from al-Hol camp, praising the success of the recent conference in New York on this issue. He explained that Iraq's goal is to completely close al-Hol camp in order to ensure the sustainability of security and stability in the region and the world.

For its part, the American delegation praised the Iraqi government's role in withdrawing Iraqi families from al-Hol camp, rehabilitating them, and reintegrating them into society.   https://ninanews.com/Website/News/Details?key=1260663

Iraq's Gold Reserves Are Approaching The 171-Ton Mark

Money and Business  Economy News – Baghdad   The World Gold Council confirmed on Thursday that Iraq's reserves of the yellow metal have approached the 171-ton mark, maintaining its global ranking among the countries with the largest gold reserves.

The council said in its latest statistics for November that Iraq did not buy any gold during the first seven months of 2025, yet it maintained its 29th place globally out of 100 countries, with the largest reserves of the precious metal.

He pointed out that Iraq’s gold reserves amounted to 170.9 tons, which is equivalent to 21.6% of its other hard currency reserves, and thus it came fourth in the Arab world after Saudi Arabia, Lebanon and Algeria with the largest gold reserves.

The council noted that the United States of America tops the list of the world’s largest gold holders, with 8,133 tons, followed by Germany with 3,350 tons, then Italy with 2,451 tons, while Trinidad and Tobago and Haiti are at the bottom with 2.0 and 1.8 tons respectively.

It is worth noting that the World Gold Council, which is based in the United Kingdom, has extensive experience and in-depth knowledge of the factors affecting market changes, and its members include the world’s largest and most advanced gold mining companies.   https://economy-news.net/content.php?id=62019

Gold prices rise again in Baghdad

Economy | 06/11/2025  Mawazin News - Baghdad:   Gold prices, both Iraqi and foreign, have risen in local markets in Baghdad.  This morning, wholesale gold prices in the Al-Nahr Street market in Baghdad reached 794,000 Iraqi dinars for one mithqal (approximately 4.5 grams)

of 21-karat gold (Gulf, Turkish, and European) and 790,000 dinars for one mithqal, compared to 788,000 dinars yesterday. The selling price of one mithqal of 21-karat Iraqi gold was 764,000 dinars, with a buying price of 760,000 dinars.

As for gold prices in jewelry shops, the selling price of one mithqal of 21-karat Gulf gold ranged between 795,000 and 805,000 dinars, while the selling price of one mithqal of Iraqi gold ranged between 765,000 and 775,000 dinars.
https://www.mawazin.net/Details.aspx?jimare=269828

Oil Prices Stabilize After Falling To Their Lowest Level In Two Weeks

Energy  Economy News — Follow-up   Oil prices were largely stable early on Thursday (November 6, 2025), after hitting their lowest level in two weeks at settlement in the previous session.

This comes amid continued pressure on the market due to weak demand and a global oversupply of crude oil.

Brent crude futures rose 22 cents to $63.72 a barrel by 7:40 a.m. Baghdad time, while U.S. West Texas Intermediate crude futures settled at $59.81 after rising 21 cents.

In the previous session, oil prices declined after the US Energy Information Administration announced that US crude oil inventories rose by 5.2 million barrels to 421.2 million barrels last week, compared to expectations of an increase of 603,000 barrels.

Prices have fallen for the third consecutive month.

Global oil prices fell for the third consecutive month in October, driven by concerns about oversupply following production increases by the Organization of the Petroleum Exporting Countries and its allies, coinciding with continued rising production from non-OPEC producers.

In a note to clients, JPMorgan Chase indicated that global oil demand rose by 850,000 barrels per day from the beginning of the year until November 4, which is less than the growth the bank had previously predicted at 900,000 barrels per day.     https://economy-news.net/content.php?id=62009

Weekly Trading Indicators For The Iraq Stock Exchange

Thursday, November 6, 2025 | Economy Number of views: 77  Baghdad/ NINA / The Iraq Stock Exchange (ISX) held five trading sessions during the first week of November 2025, from Sunday, November 2, 2025, to Thursday, November 6, 2025.

The following indicators were achieved during this week:
1. The number of shares traded during this week exceeded two billion.

2. The value of shares traded during this week exceeded six billion Iraqi dinars.

3. The ISX60 index closed at 945.53 points at the beginning of the week and closed at 945.08 points at the end of the week, reflecting a decrease of 0.05% from its opening close.

The ISX15 index closed at 1149.36 points at the beginning of the week and closed at 1171.72 points at the end of the week, reflecting an increase of 1.91% from its opening close.

4. During the week, (5086) buy and sell contracts were executed on shares of companies listed on the market. /End

https://ninanews.com/Website/News/Details?key=1260673

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

Seeds of Wisdom RV and Economics Updates Thursday Afternoon 11-6-25

Good Afternoon Dinar Recaps,

The Golden Barometer: Why Safe-Haven Demand Signals a Monetary Transition

Gold rallies above $3,980 / oz as confidence in fiat softens.

Good Afternoon Dinar Recaps,

The Golden Barometer: Why Safe-Haven Demand Signals a Monetary Transition

Gold rallies above $3,980 / oz as confidence in fiat softens.

Context

Investors are returning to metals as global equities wobble.

• Gold rose > 1% to ~$3,983 / oz.

• Silver tracked higher amid festival demand in India and a weaker U.S. dollar.

Analysis

• Persistent gold strength despite stable growth signals currency distrust.

• BRICS central banks continue steady accumulation, hinting at reserve realignment.

• The gold-to-digital bridge — tokenized bullion or gold-backed stablecoins — is gaining institutional interest.

Implications

• Metals could become the collateral base of a future hybrid monetary regime.

• As CBDCs expand, asset-anchored trust mechanisms will be vital for legitimacy.

• Gold may transition from hedge to foundation of a rebalanced global system.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Business Today — Gold and silver prices inch higher on safe-haven rush

• Times of India — Gold and silver price outlook for November 2025

~~~~~~~~~

Dollar Dominance Tested: Are FX Markets Preparing for a Digital Transition?

The U.S. dollar remains firm — but central banks are building exits.

Context

• The U.S. dollar traded near multi-month highs as strong employment data lifted Treasury yields.

• Yet, major analysts caution the move may be overextended, while Asian policymakers express concern over currency volatility linked to speculative AI-driven flows.

Analysis

• Dollar strength now reflects yield differentials more than global trust.

• Emerging nations are expanding bilateral settlement in local currencies.

• Digital infrastructure (BRICS Pay, e-CNY, digital ruble) bypasses traditional clearing systems.

• The next FX battleground will be interoperability, not rate policy.

Implications

• Expect the formation of multi-currency digital baskets resembling a modern SDR.

• Reserve diversification could erode dollar primacy within a decade.

• The future of FX may lie in tokenized settlement units, enabling real-time cross-border trade and forming the core of the next monetary order.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Reuters — Safe-haven yen, dollar shine amid sell-off in stocks

• ING Think — FX Daily: Dollar rally looking tired

~~~~~~~~~

BRICS GDP Growth Surges as G7 Economies Stall — A Structural Shift in Global Power

Emerging market momentum reveals the early architecture of a new financial order.

Context

The BRICS bloc (Brazil, Russia, India, China, South Africa) is now expanding at more than three times the pace of the G7 economies, marking one of the sharpest growth divergences in modern history.

According to IMF projections:

• BRICS GDP is expected to grow 3.8% in 2025 and 3.7% in 2026.

• G7 growth is forecast at just 1.0% in 2025 and 1.2% in 2026.

This rapid acceleration in BRICS economic output is being powered by:

• Strong domestic demand in India (6.6%) and China (4.8%).

• Expanding trade corridors across Asia, Africa, and Latin America.

• Rising investment in infrastructure, energy, and digital payments.

By 2025, BRICS nations are projected to represent 41% of global GDP by purchasing power parity, compared to just 30% two decades ago — a dramatic rebalancing of economic gravity.

Analysis

The divergence between emerging dynamism and developed stagnation reflects deeper structural realities:

• Demographics: BRICS nations benefit from younger, growing populations, while G7 economies face aging workforces and shrinking labor pools.

• Debt burden: Western nations carry historically high sovereign debt levels that constrain fiscal flexibility.

• Trade diversification: BRICS economies are redirecting trade away from Western dependence, building south-south linkages and local-currency settlement.

• Institutional independence: The bloc’s development banks and digital payment systems are designed to operate outside of Western-controlled financial mechanisms.

Analysts like Rodrigo Cezar of the Getulio Vargas Foundation note that BRICS’ heterogeneity — differences in geography, trade exposure, and policy models — actually enhances resilience by allowing the bloc to absorb shocks that would cripple more homogenous Western systems.

At the 17th BRICS Summit in Rio de Janeiro, member nations signed a Joint Declaration of 126 commitments, ranging from financial reform to technology cooperation. The emphasis was on reforming international financial architecture — signaling that this growth divergence is as political as it is economic.

Implications

• End of unipolar economics: The G7’s low growth and debt saturation have eroded its claim to set global financial rules. BRICS’ expansion signals a redistribution of economic sovereignty.

• Shift in monetary leadership: As BRICS economies scale, they are preparing for deeper integration through cross-border settlement networks and shared reserve frameworks, paving the way for alternative reserve currencies.

• Restructuring of global governance: Emerging nations, emboldened by economic strength, are demanding voting reforms in the IMF, World Bank, and UN systems — essential to any future reset of financial order.

• Prelude to a new system: Sustained BRICS momentum could catalyze a dual-financial architecture — one Western, one multipolar — before an eventual convergence into a new digital, asset-backed, globally balanced system.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Source:   Watcher.Guru – BRICS GDP Expands Three Times Quicker as G7 Growth Slows

~~~~~~~~~

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Thank you Dinar Recaps

Is the Fed's $125B Injection a Mistake? Ron Paul Says ‘Maybe Their Strategy is to Cause Chaos’

Is the Fed's $125B Injection a Mistake? Ron Paul Says ‘Maybe Their Strategy is to Cause Chaos’

Kitco News:  11-5-2025

The U.S. economy is in a "Great Contradiction" as the Federal Reserve injects $125 billion while the White House blames it for a "housing recession."

Dr. Ron Paul, former U.S. Congressman and Host of ‪@RonPaulLibertyReport argues these are not accidents, but signs of a system that is "totally bankrupt."

He explains why the Fed's strategy "is to cause chaos" and warns that Americans "should be on our toes for something very, very big to happen."

 Paul also shares his thoughts on the recent elections, calling the new NYC mayor a "communist" funded by "trillionaires."

 He provides a shocking "insider" claim from his time in Congress, where he was told the Constitution is "anachronistic" and "we don't even follow that."

Warning of an inevitable financial crisis from the $1.9T deficit, Paul explains the debt will be "paid off with funny money" and that $4,000 gold is "not the golden age," but a warning sign.

 Watch this must-see interview to hear Ron Paul’s unfiltered take on the Federal Reserve's "chaos" strategy, the "debt spiral," and the constitutional crisis at the Supreme Court.

Don’t miss Paul’s bold insights into what’s next for the U.S. economy and the future of gold.

0:00 - Intro: Fed's $125B Injection vs. "Housing Recession"

 1:06 - Dr. Ron Paul: Fed's Strategy is to "Cause Chaos"

4:15 - Why the McDonald's CEO Sees a "K-Shaped Recession"

 6:29 - The $1.9T Deficit: Is the U.S. in a "Debt Spiral"?

8:25 - Ron Paul: "80% of Government is Non-Essential"

10:56 - Ron Paul: "Trillionaires... Probably Sent Money to That Communist"

14:03 - Why "Cultural Marxism's Goal is Chaos"

19:35 - Supreme Court Hears Case on Presidential Tariff Powers

21:50 - Ron Paul: "Congress Told Me the Constitution is Anachronistic"

 24:08 - "Empire First": Connecting Foreign Policy to U.S. Debt

 27:23 - Inflation is a "Transfer of Wealth," Creating "Two-Tiered System"

 30:44 - The Fort Knox Gold Audit: "My Guess is... We Don't Own It"

 33:20 - Is Dr. Judy Shelton's Gold-Backed Bond a Real Solution?

36:40 - "Empires Are Built By Lies"

39:12 - Dr. Paul's Final Warning to the Next Generation

40:27 - Conclusion

https://www.youtube.com/watch?v=j4GQgXh2fs8