Seeds of Wisdom RV and Economics Updates Monday Morning 12-08-25

Good Morning Dinar Recaps,

Gas Prices Crash to Four-Year Lows as Supply Surges Ahead of Holidays

National average falls below $2.90 per gallon for the first time since 2021

Overview

• National gas prices fall to $2.897 per gallon—the lowest level in 1,680 days

• Decline driven by increased refinery output and higher OPEC production

• Prices drop in nearly every state, with Oklahoma hitting $2.298 per gallon

• Trend continues despite political claims, with experts attributing drop to supply dynamics

Key Developments

National Average Hits Lowest Level in Nearly Five Years

GasBuddy data shows the national average gasoline price has fallen to $2.897 per gallon—its lowest level since May 2021. Analyst Patrick De Haan noted that this marks the first break below $2.90 in over 1,680 days.

Declines Seen Across the Country

In the days surrounding Thanksgiving, nearly every state recorded falling fuel prices. The downward trend has continued into December, with national averages declining week-over-week, month-over-month, and year-over-year.

Supply Factors, Not Policy, Driving Price Declines

Experts attribute the drop to refinery maintenance wrapping up and OPEC ramping production for December. These supply increases have pushed oil prices lower, creating broad downward pressure at the pump.

Political Reactions and Public Perception

While political figures have attempted to credit policy changes, analysts say market mechanics—not administration action—explain the decline. Trump’s approval rating continues to slide as economic expectations clash with campaign promises.

Why It Matters

Gas prices are one of the most visible economic indicators to American households. A sustained decline relieves pressure on consumers heading into the holiday season, but the disconnect between political narratives and market realities highlights ongoing uncertainty in energy policy and public sentiment.

Implications for the Global Reset

Pillar 1: Energy Market Volatility

Fluctuations in oil supply—from OPEC decisions to refinery cycles—underscore how global energy structures are shifting independently of domestic policy, reshaping long-term expectations for price stability.

Pillar 2: Consumer Impact and Political Leverage

Falling fuel prices ease household strain but expose political vulnerabilities when campaign promises conflict with market conditions, contributing to broader shifts in national and global economic confidence.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Newsweek – “Gas Prices Plunge to Lowest Level in Nearly Five Years”

• GasBuddy – “U.S. Fuel Price Trends and Analysis”

• AAA – “National Gas Price Averages”

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Philippines’ Fastest-Growing Digital Bank Opens the Door to Crypto Adoption
GoTyme integrates Bitcoin, Ethereum, Solana, and more into its banking app

Overview

• GoTyme, a 6.5-million-user digital bank in the Philippines, now offers in-app crypto purchases and storage.

• Users can buy 11 crypto assets via seamless PHP-to-USD auto-conversion.

• CEO says the system is built for simplicity — no complex charts, trading tools, or external apps needed.

• GoTyme plans expansion into Vietnam and Indonesia and is prioritizing growth over profitability until 2027.

Key Developments

• GoTyme partnered with U.S. fintech firm Alpaca to integrate secure crypto services.

• Supported coins include BTC, ETH, SOL, DOT, and several major altcoins.

• Banking app enables account creation and instant debit card access in under five minutes.

• Bank reached 6.5 million users since its 2022 launch, after being formed by Tyme Group and Gokongwei Group.

• Philippines ranks 9th on Chainalysis’ Global Crypto Adoption Index; lawmakers considering a 10,000-BTC strategic reserve bill.

• GoTyme is in expansion mode across Southeast Asia, with plans targeting Vietnam and Indonesia.

Why It Matters

GoTyme’s crypto integration marks another step in Southeast Asia’s rapid shift toward digital finance. As nations in the region accelerate cashless payments and decentralized asset adoption, banks are racing to stay relevant by offering simplified crypto access. This move aligns with the broader global restructuring trend in which traditional financial institutions are merging with blockchain rails to maintain competitiveness and reduce exposure to legacy U.S. dollar–centric systems.

Implications for the Global Reset

Pillar: Technology Transformation
Digital banks embedding crypto infrastructure signal a shift toward hybrid financial systems that bridge fiat and blockchain networks.

Pillar: Asset Repricing & New Value Systems
As more banks normalize crypto ownership, digital assets become a larger component of consumer portfolios and future monetary models.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Cointelegraph – “GoTyme digital bank rolls out crypto services”

• Nikkei Asia – “GoTyme hits 6.5 million users as digital banking surges in the Philippines” 

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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RV Updates Proof links - Facts Link

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Iraq Economic News and Points To Ponder Monday Morning 12-8-25

An Economist Warns: The Next Government Is Required To Have Urgent Plans To Solve The Debt Crisis.

Economy | 07/12/2025   Mawazin News – Baghdad:  Economic expert Nabil Jabbar al-Ali revealed the extent of Iraq's internal and external debt, warning of its negative impact on the country's future financial liquidity.

Al-Ali stated that "Iraq's total internal and external debt has reached alarming levels, with external debt amounting to approximately $13 billion at low interest rates, while internal debt has exceeded 90 trillion dinars."

He added that "this large volume of internal debt will put pressure on financial liquidity and limit the state's ability to finance projects and services," emphasizing that "the next government is required to develop clear economic plans to address this issue and ensure the stability of the financial situation." https://www.mawazin.net/Details.aspx?jimare=271284

Iraq Rises To Second Place Among Oil Suppliers To America

Economy |  07/12/2025  Mawazin News - Baghdad:   The U.S. Energy Information Administration (EIA) announced on Sunday that Iraq ranked second among the largest oil exporters to the United States last week.

The EIA stated in its statistics that the average U.S. crude oil imports from nine major countries reached 4.877 million barrels per day (bpd), a decrease of 815,000 bpd from the previous week's 5.692 million bpd.

It added that Iraqi oil exports to the U.S. reached 435,000 bpd, an increase of 149,000 bpd from the previous week's 378,000 bpd, placing Iraq second on the list of top exporters.

The EIA indicated that the highest U.S. oil imports last week came from Canada at 3.448 million bpd, followed by Saudi Arabia at 348,000 bpd, Brazil at 137,000 bpd, and Mexico at 131,000 bpd.

According to the statistics, imports from Venezuela amounted to 122,000 barrels per day, from Libya and Ecuador 87,000 barrels each, and from Nigeria 82,000 barrels per day. The US did not import any oil from Colombia during the same week.

The US consumes approximately 20 million barrels of oil daily, making it the world's largest oil consumer, and it relies on these ten countries for most of its crude oil and refined products.   https://www.mawazin.net/Details.aspx?jimare=271272

Border Crossings Announce Customs Revenues Exceeding 2.2 Trillion Dinars For 2025

Money and Business Economy News – Baghdad   The Border Ports Authority announced today that it has achieved unprecedented customs revenues for the year 2025, exceeding 2 trillion and 200 billion Iraqi dinars.

The authority confirmed in a statement received by “Al-Eqtisad News” that this achievement comes based on the government program that stressed combating corruption and governing government procedures in departments operating within border crossings, as the control and electronic procedures adopted by the authority contributed to raising the level of customs revenues significantly.

The statement added that the significant increase in revenues was achieved as a result of streamlining procedures and reducing paperwork for transactions related to customs clearance, in addition to organizing linkage with supporting agencies operating within border crossings, which enhanced transparency, speed of procedures, and accuracy of collection.    https://economy-news.net/content.php?id=63145

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

MilitiaMan and Crew: IQD News Update-Iraq's Integration- Momentum-Money Movement

MilitiaMan and Crew: IQD News Update-Iraq's Integration- Momentum-Money Movement

12-7-2025

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=g-_rQqEsv3s

Are we Facing a Total Economic Reset?

Are we Facing a Total Economic Reset?

As Good As Gold Australia:  12-6-2025

In this insightful discussion, Brian Pa from As Good as Gold Australia interviews Alasdair Macleod about the future of the global economy, focusing particularly on the unsustainable growth of US debt, the looming collapse of fiat currencies, and the critical role of gold and silver as real money.

Alasdair emphasizes that since the abandonment of the gold standard in 1971, government debt has doubled roughly every decade, creating a debt bubble that is on the verge of bursting.

This collapse will destroy purchasing power, trigger rising bond yields, and lead to a severe economic downturn reminiscent of the Great Depression but potentially worse.

The only viable protection against this economic destruction is holding real money, primarily gold and silver, as fiat currencies lose their value.

Alasdair explains the mechanics of currency collapse, pointing out that hyperinflation is a symptom of the loss of purchasing power rather than the cause.

He highlights the rise in bond yields as a warning sign and notes that living standards will be drastically affected. Mortgage foreclosures and the collapse of credit availability will become widespread, with borrowers potentially benefiting if they can maintain payments while lenders suffer losses.

The conversation also delves into the manipulation of gold and silver prices via derivatives markets.

Alasdair discusses the severe liquidity crisis in the silver market, exacerbated by China’s recent export bans, which are part of a broader strategy to control critical minerals.

The silver market’s deficits and the collapse in derivative open interest signal an impending failure of these financial instruments, which could cause a significant price surge in physical metals. This phenomenon is expected to extend to gold, undermining the entire derivative system and exposing systemic risks.

The interview critiques the current economic commentary landscape, where few analysts challenge mainstream narratives about fiat currencies, often due to editorial pressures or a lack of understanding.

Alasdair stresses the importance of returning to a gold-backed currency system to restore economic stability, warning that the current trajectory will lead to catastrophic outcomes.

 He also highlights the disconnect between government policies and real economic management, casting doubt on the ability of politicians to effectively guide the economy.

Finally, Alasdair refrains from making precise price predictions for gold and silver, arguing that the collapse of fiat currency value will distort price metrics.

 Instead, he advocates for focusing on preserving purchasing power through real assets. The interview ends with a forward-looking note about the ongoing economic turmoil and the crucial role precious metals will play in securing financial security amid the coming crisis.

https://youtu.be/Wj8JAguJ5DU

Seeds of Wisdom RV and Economics Updates Sunday Afternoon 12-07-25

 Good Afternoon Dinar Recaps,

Global Markets Show Signs of Dangerous Overvaluation as Reset Pressures Build

Asset bubbles push systemic risk to new highs, raising talk of financial restructuring

Overview

• SCMP warns that global asset prices across equities, tech, and real estate are detached from fundamentals

• The editorial argues current valuations could trigger a major correction

• A severe downturn could spark structural financial reforms or cross-market realignments

Key Developments

• Inflated asset prices have outpaced economic reality, setting the stage for a correction more severe than previous cycles.

• Central banks are increasingly boxed in, unable to raise rates without triggering liquidity fractures in over-leveraged sectors.

• Investors are chasing bubble-level valuations, especially in AI-linked tech stocks and speculative real-estate markets.

• A significant market event could force governments and institutions to redesign financial frameworks, echoing themes tied to systemic reset scenarios.

Why It Matters

When markets decouple from fundamentals, the correction phase often accelerates political decisions, regulatory restructuring, and institutional redesign. A severe downturn—especially one triggered by synchronized global overvaluation—could hasten reforms that shift power structures, reserve flows, and the architecture of global markets.

Implications for the Global Reset

• Pillar: Assets – Overvalued markets highlight the fragility of a system inflated by liquidity, debt, and AI-driven speculation.

• Pillar: Debt – Excess leverage amplifies the risk of cascading failures, making restructuring more likely if corrections unfold.

This is not just politics — it’s global finance restructuring before our eyes.
Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• South China Morning Post – “Inflated asset prices show markets don’t always know best”

~~~~~~~~~~

India Pushes for BRICS Satellite-Launch Dominance — Aiming to Reshape Global Space Services

New launch capacity, private-sector surge, and geopolitical ambition converge as India stakes a claim for major share of global orbit services

Overview

• India says it will dramatically expand its satellite-launch capabilities, targeting between 8% and 10% of the global commercial space launch market within the next decade.

• A newly opened facility near Hyderabad is reported to enable monthly orbital-rocket production, signaling a major upgrade in launch capacity.

• Private-sector growth and policy shifts under the national space strategy illustrate India’s pivot toward being a global launch-services provider — with implications for BRICS space cooperation and global competition.

Key Developments

• The newly inaugurated facility near Hyderabad is described as able to handle assembly, testing, and production of multiple launch vehicles simultaneously — a substantial upgrade over earlier infrastructure.

• Under reported plans, the facility could churn out one orbital-launch rocket per month, representing a dramatic increase compared to past launch rates.

• Senior space-programme leaders have publicly stated that India aims to capture 8–10% of the worldwide commercial satellite-launch market within the next 10 years. This would mark a major leap from its current share (widely cited as under 2%).

• The private space sector in India has reportedly exploded — rising from a handful of startups a few years ago to more than 300 active firms involved in launch technology, satellite development, and related services.

• Historically, over the past five decades, India has launched hundreds of satellites for dozens of countries — building a track-record of reliability and cost-effectiveness, enhanced recently by a multi-satellite launch mission that orbited 36 satellites on a single rocket.

• Recent policy reforms have been critical: by opening up national space activities to private participation and commercial contracts, India is shifting from a purely government-driven space program toward a mixed public-private space economy.

Why It Matters

The transition transforms India from a regional space actor into a global launch-services contender. By scaling up launch capacity, embracing private-sector involvement, and leveraging cost-competitive advantages, India could emerge as a cheaper, more accessible alternative to established launch-service powers.

This may accelerate satellite deployment worldwide — especially for smaller nations and private operators — lowering barriers to entry and broadening global access to orbit services. The shift also enhances strategic leverage for India and its partners, particularly within the BRICS grouping, potentially reshaping how space infrastructure and services are distributed globally.

Implications for Global Space & Geopolitics

• BRICS Space Leadership — India’s growing capacity positions it as a leading launch hub for BRICS nations, potentially reducing reliance on Western or Russian launch providers.

• Democratization of Access to Space — Lower-cost, high-frequency launches could make satellite services — communications, remote sensing, scientific payloads — more accessible to smaller nations and private firms globally.

• Strategic Autonomy & Competition — As India scales, global space competition intensifies: nations may reassess partnerships, regulatory regimes, and launch dependencies.

• Commercial Space Market Disruption — By offering competitive pricing and reliable launches, India could disrupt traditional launch-service markets, driving down costs and accelerating innovation in satellite-dependent industries.

This is not just technology — it’s a strategic shift in how humanity reaches orbit, and who controls the gateway.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Watcher.guru – “India Leads BRICS Push Into Global Satellite Launch Dominance”

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Global Markets Show Signs of Dangerous Overvaluation as Reset Pressures Build

Asset bubbles push systemic risk to new highs, raising talk of financial restructuring

Overview

• SCMP warns that global asset prices across equities, tech, and real estate are detached from fundamentals

• The editorial argues current valuations could trigger a major correction

• A severe downturn could spark structural financial reforms or cross-market realignments

Key Developments

• Inflated asset prices have outpaced economic reality, setting the stage for a correction more severe than previous cycles.

• Central banks are increasingly boxed in, unable to raise rates without triggering liquidity fractures in over-leveraged sectors.

• Investors are chasing bubble-level valuations, especially in AI-linked tech stocks and speculative real-estate markets.

• A significant market event could force governments and institutions to redesign financial frameworks, echoing themes tied to systemic reset scenarios.

Why It Matters

When markets decouple from fundamentals, the correction phase often accelerates political decisions, regulatory restructuring, and institutional redesign. A severe downturn—especially one triggered by synchronized global overvaluation—could hasten reforms that shift power structures, reserve flows, and the architecture of global markets.

Implications for the Global Reset

• Pillar: Assets – Overvalued markets highlight the fragility of a system inflated by liquidity, debt, and AI-driven speculation.

• Pillar: Debt – Excess leverage amplifies the risk of cascading failures, making restructuring more likely if corrections unfold.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• South China Morning Post – “Inflated asset prices show markets don’t always know best”

~~~~~~~~~~

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 Sunday Afternoon 12-7-25

Despite Fluctuating Dollar Exchange Rates, Gold Prices In Baghdad Remain Stable.

Economy | 07/12/2025   Mawazin News - Baghdad:  Gold prices, both foreign and Iraqi, remained stable in Baghdad's local markets.  This morning, wholesale gold prices in Baghdad's Al-Nahr Street market showed a selling price of 847,000 Iraqi dinars per mithqal (approximately 4.5 grams) of 21-karat gold from the Gulf, Turkey, and Europe at 847,000 dinars, and a buying price of 843,000 dinars – the same prices as yesterday.

The selling price of 817,000 dinars per mithqal of 21-karat Iraqi gold was 813,000 dinars, while the buying price was 813,000 dinars.  As for gold prices in jewelry shops, the selling price of a mithqal of 21-karat Gulf gold ranged between 850,000 and 860,000 dinars, while the selling price of a mithqal of Iraqi gold ranged between 820,000 and 830,000 dinars.    https://www.mawazin.net/Details.aspx?jimare=271281

Saleh's Statement: No Change In The Exchange Rate And The Iraqi Economy Is Stable.

Time: 2025/12/06 Reading: 90 times {Economic: Al-Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed on Saturday that the official exchange rate is fixed at 1320 dinars and that the recent fluctuations have no significant impact, while indicating that the Iraqi economy is stable and inflation has declined to 2.5%.

Saleh said in a press statement followed by Al-Furat News that “what happened in the parallel exchange market during the past few days is nothing more than an emergency and temporary fluctuation resulting from inaccurate information effects known in economic analysis as “color noise,” which is confused information that is mostly based on rumors, and leads to uncertain behavior and short-term speculation in the unregulated money market.”

He added that "transitional periods usually witness such price movements, especially as the country continues in the post-legislative election phase, and in parallel with the implementation of the customs governance system and its digital procedures in accordance with international standards, including customs tracking systems and modern digital applications that enhance transparency and discipline in the commercial and financial environment together."

Saleh explained that “the aforementioned fluctuation in the price of the dollar against the dinar in the parallel market has not left a substantial impact on the stability of the general price level, as monetary policy continues to achieve its operational and intermediate goals in stabilizing prices in general and maintaining the stability of the official exchange rate in particular, a path that is reflected in the decrease in the annual inflation growth rate to normal fractional levels not exceeding 2.5% annually.”

He pointed out that “the policy of fixed exchange rate is an adopted policy based on fundamental principles, foremost among them the efficiency of foreign reserves supporting the stability of the official exchange rate of 1320 dinars per dollar. It is also noted that international institutions, foremost among them the World Bank and other multilateral global financing institutions, view with satisfaction the government’s reform steps in the banking sector and the general financial and economic sector, which encourage the investment environment, especially the trend towards strengthening the partnership between the state and the private sector, all of which are among the basic pillars for building a diversified economy that supports the paths of sustainable development identified by the methodology of Iraq Vision 2050.”    LINK

Government Advisor: Recent Fluctuations In The Parallel Market Are "Temporary" And Do Not Affect The Iraqi Economy

Economy | 06/12/2025  Mawazin News - Baghdad:   The Prime Minister's financial advisor, Mazhar Muhammad Salih, affirmed that the official exchange rate of 1,320 dinars is fixed and stable, indicating that the recent fluctuations in the parallel market are "temporary" and do not have a substantial impact on the economy.

Salih stated in a press release that what occurred in the exchange market over the past few days represents a "temporary fluctuation" resulting from inaccurate information, which he described as a kind of "colorful noise" based on rumors, driving short-term speculative behavior within the unregulated market.

He added that transitional periods—especially in the post-parliamentary election phase—typically witness such movements, noting that the implementation of digital customs governance systems and international standards for tracking and inspection played a role in triggering temporary market reactions.

He clarified that this fluctuation has not been reflected in the general price level, as monetary policy continues to achieve its objectives in stabilizing prices, which has contributed to a decline in the annual inflation rate to approximately 2.5%, a level considered normal.

Saleh pointed out that the stability of the exchange rate is a well-established policy based on strong foreign reserves that support its stability, explaining that international institutions - foremost among them the World Bank - are following positively the government's reform steps in the banking and financial sectors, in addition to the trends of strengthening the partnership between the state and the private sector, which are among the basic pillars of the path of sustainable development within Iraq's Vision 2050.   https://www.mawazin.net/Details.aspx?jimare=271238

The Dollar Remains Stable In Baghdad At The Close Of The Stock Exchange.

Economy | 07/12/2025   Mawazin News - Baghdad:   The dollar exchange rate against the Iraqi dinar remained stable in Baghdad markets as the stock exchange closed this evening.

Selling price: 143,750 dinars per 100 dollars   . Buying price: 141,750 dinars per 100 dollars.

https://www.mawazin.net/Details.aspx?jimare=271291

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

Central Bank of Iraq Announces Digital Dinar

Central Bank of Iraq Announces Digital Dinar

Edu Matrix:   12-7-2025

The video presents an insightful overview of recent developments in Iraq’s financial and geopolitical landscape.

 It begins with the Central Bank of Iraq’s (CBI) banking sector reform program aimed at modernizing the financial system through introducing a digital dinar and restricting dollar transactions to curb illicit financial flows and enhance regulatory oversight.

 The CBI governor clarified that these reforms are not a prelude to currency redenomination or devaluation but are intended to stabilize the economy, increase transparency, and encourage greater public trust in the formal banking sector.

However, public skepticism remains high, with Iraqi citizens reluctant to deposit their currency in banks, posing a challenge to the reform’s success.

The video then shifts focus to the geopolitical strategy of the United States in Iraq, highlighting the opening of the world’s largest US consulate in Erbil, the capital of the Kurdistan region.

 This $800 million facility symbolizes strengthened US presence and commitment in northern Iraq, particularly significant amid rising regional tensions involving Iran, Syria, Turkey, and the ongoing Kurdish autonomy disputes.

The consulate’s opening follows years of fluctuating US-Kurdish relations and recent attacks on Kurdish infrastructure attributed to Iran-backed militia groups.

 The US government’s message is clear: despite planned troop withdrawals, America intends to maintain a robust diplomatic and strategic foothold in Iraq, particularly in regions free from Iranian influence, signaling continued engagement and influence in the broader Middle Eastern geopolitical landscape.

https://youtu.be/wtzBXJUaPmM

Seeds of Wisdom RV and Economics Updates Sunday Morning 12-07-25

Good Morning Dinar Recaps,

Visa Pushes Into Syria, Expanding Digital Payments in a Sanction-Shaken Economy

Global rails enter contested territory as financial access is rewired

Overview

• Visa signs agreement with Syria’s central bank to build a national digital-payments ecosystem

• Move brings global payment rails into one of the world’s most isolated financial systems

• Signals accelerating expansion of digital infrastructure in conflict-impacted economies

Key Developments

• Visa’s entry marks a strategic shift—bringing Western payment technology into a country long cut off from major financial networks.

• Syria’s central bank frames the deal as modernization, aiming to digitize commerce and reduce reliance on cash.

• The partnership suggests geopolitical flexibility—as global payment firms seek growth in underbanked or reconstruction-phase regions.

• Digital-payment expansion is becoming a competitive geopolitical tool, allowing influence in markets once considered too risky.

Why It Matters

Digital rails are becoming a core strategic asset in the emerging global financial restructuring. Expanding into conflict-affected regions allows payment giants to set standards, create new dependencies, and influence future cross-border trade flows—aligning with a broader transition toward programmable, trackable, and globally interconnected financial systems.

Implications for the Global Reset

• Pillar: Technology – Visa’s move shows how digital-payment infrastructure is becoming a decisive global lever, especially in nations rebuilding economic systems.

• Pillar: Trade & Payments – Establishing new rails in previously isolated countries shifts regional commerce patterns and reduces reliance on legacy correspondent networks.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters – “Syrian central bank welcomes Visa's launch amid digital payments deal”

• Anadolu Agency -- "Syrian Central Bank inks agreement with Visa for digital payment system"

~~~~~~~~~~

China’s Data Sovereignty Push Weakens WTO E-Commerce Rules — Indonesia Caught in the Crossfire

Digital protectionism fractures global trade as data replaces oil as the world’s strategic commodity

Overview

• China’s data-sovereignty doctrine is reshaping global digital-trade rules and eroding WTO authority

• Fragmentation of cross-border data standards threatens developing nations’ bargaining power

• Indonesia faces rising costs, weakened position, and strategic vulnerability amid global digital realignment

Key Developments

• WTO e-commerce frameworks are failing, unable to regulate digital markets that now depend on global data flows rather than physical goods.

• The U.S. champions digital liberalism, pushing free-flow regimes that benefit Big Tech but lack consistent domestic privacy protections.

• China advances “Data Mercantilism,” requiring strict localization under its Cybersecurity Law and PIPL, turning data into a state-controlled strategic asset.

• Digital protectionism is spreading — India’s DPDPA 2025, EU transfer restrictions, and other national regimes are creating a maze of conflicting rules.

• Developing nations like Indonesia lose leverage, forced to accept unfavorable provisions in bilateral negotiations due to the absence of unified global standards.

Why It Matters

The WTO’s inability to modernize digital-trade rules is accelerating a shift toward regional blocs and unilateral controls. Data — the backbone of global e-commerce and AI — has become a strategic commodity, and the battle between digital liberalism and data mercantilism is reshaping global power structures. For countries without the scale of the U.S. or China, this fragmentation dramatically erodes bargaining power and raises compliance costs.

Implications for the Global Reset

• Pillar: Technology – Control of data flows is becoming central to national power, altering the architecture of global digital infrastructure.

• Pillar: Trade – Fragmented rules signal the breakdown of multilateral trade systems, pushing nations into competing digital blocs.

• Pillar: Assets – Data itself becomes a monetized asset class, with governance determining who extracts value and who becomes a digital raw-material supplier.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy – “China’s Data Sovereignty Drive Is Weakening WTO E-Commerce Rules. Indonesia Could Pay the Price”

• South China Morning Post – “China’s Data Control Push Threatens Global Digital Trade Rules”

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Digital Sovereignty Wars Escalate as China Reshapes WTO Rules and Europe Targets U.S. Tech

Fragmented data governance pushes the world deeper into competing digital blocs

Overview

• WTO e-commerce rules are collapsing amid China’s expanding data-sovereignty doctrine

• Digital protectionism spreads as nations impose localization rules and platform regulations

• EU fines against X highlight a widening transatlantic battle over tech control, free speech, and data flows

Key Developments

• Cross-border data flows now underpin a US$6.86 trillion e-commerce ecosystem, yet the WTO remains unable to craft binding rules to protect digital trade.

• China’s Cybersecurity Law and PIPL enforce strict localization, framing data as a sovereign asset essential to national security and technological independence.

• The U.S. pushes for open data flows, but domestic privacy inconsistencies weaken its negotiating position and fuel accusations of double standards.

• Indonesia is caught between competing digital ideologies, facing higher compliance costs and weakened bargaining power as global rules fragment.

• Europe’s record fine against X reveals a new fault line—the EU’s aggressive regulatory posture against Big Tech is clashing with U.S. officials who call the penalties a political attack on American platforms.

• Trump-era officials, including Marco Rubio and JD Vance, accuse Brussels of censorship-driven regulation, highlighting widening ideological divergence over digital governance.

Why It Matters

The global trading system is splitting along digital-sovereignty lines. China’s mercantilist model, the U.S. free-flow agenda, and Europe’s regulatory maximalism are incompatible—leaving countries like Indonesia without a stable framework. As governance fractures, digital markets are shifting from a unified global system toward rival spheres of control, transforming how value, information, and influence flow across borders.

Implications for the Global Reset

• Pillar: Technology – Control of data and platforms is becoming the primary lever of geopolitical power, shaping who sets the rules of the digital economy.

• Pillar: Trade – With WTO mechanisms paralyzed, nations are defaulting to regional and unilateral rules, accelerating the breakdown of multilateral trade.

• Pillar: Governance – The U.S.–EU fight over platform regulation signals a deeper realignment: digital regulation is now a central arena of geopolitical competition.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy – “China’s Data Sovereignty Drive Is Weakening WTO E-Commerce Rules. Indonesia Could Pay the Price”

• Newsweek – “Trump Administration Accuses Europe of ‘Attack on All’ Americans Over X Fine”

~~~~~~~~~~

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

“Tidbits From TNT” Sunday Morning 12-7-2025

TNT:

Tishwash:  Iraq achieves a historic leap in the speed of international trade through the TIR system

The International Road Transport Union (IRU) confirmed in a report on Friday that Iraq has become a strategic and rapid transit hub for international trade, having shortened the time it takes to transport large shipments from Europe to the region from weeks to just a few days.

The report, which Kalima News reviewed, stated that "the successful transfer of film equipment from Hungary to Jordan via the Iraqi international road in just six days, after it used to take five weeks, is evidence of a major transformation."

The report noted that "this achievement highlights Iraq's growing role as a vital link connecting Europe with the Gulf and Middle Eastern countries, especially with the expansion of the use of the international (TIR) ​​customs system, which speeds up procedures and reduces stops at borders."

The report noted that “the digital expansion of the system and the activation of transit routes through Iraq will enhance the country’s position on the global trade map, and will encourage the private sector to adopt the Iraqi route because of the time and cost savings it provides.”

It is worth noting that the Ministry of Transport had previously announced the implementation of successful trips within the (TIR) ​​system, as more than 1,000 land transport operations were recorded on the Dohuk-Umm Qasr line since last June, reflecting a remarkable growth in commercial transport across Iraqi lands.  link

Tishwash:  An endless crisis: Why hasn't the oil and gas law been released from the drawers for 20 years?

For more than a decade, the energy sector in the Kurdistan Region has been a silent arena for an unresolved economic and political struggle. Despite the growing need for oil and gas within Iraq, what energy experts describe as a "systematic obstruction" of any attempt to develop the region's production infrastructure continues.

Energy expert and head of the Sustainable Energy Organization, Mohammed Amin Hawramani, confirms to "Baghdad Today" that internal parties in Baghdad have been "obstructing any expansion in the oil and gas sector in Kurdistan for years," whether by opposing the development of fields or limiting the work of foreign companies, despite the region's direct reliance on these sources to secure its needs for energy and oil derivatives.

Horamani points out that the Kurdistan Region, in accordance with its constitutional right, enacted an oil and gas law within its regional parliament, before the Federal Constitutional Court struck it down "in the absence of a federal oil and gas law that should have been passed nearly two decades ago."

The constitution clearly stipulates the necessity of enacting a federal law to regulate the management of oil wealth, but accumulated political disputes have left the issue unresolved for more than twenty years, creating a legislative vacuum with far-reaching economic consequences for both Baghdad and Erbil.

With the region's oil exports halted for over two years due to a complaint from the Iraqi Ministry of Oil, losses mounted before exports resumed later under a tripartite agreement between Baghdad, the region, and foreign companies.

 However, according to Horamani, the delay was not technical; rather, it reflected, in his view, "a genuine reluctance on the part of some to allow the region to manage its own production or exports," even though all sales are conducted through SOMO (State Oil Marketing Organization).

He adds that international and American pressure was a decisive factor in pushing Baghdad to accept the resumption of pumping, especially with the decline in global oil prices during the past three years to below the price adopted in the budget law ($70 per barrel), which made the federal government more dependent on the region’s revenues to finance the salaries item.

The expert points out that Iraq is "practically obligated to continue exporting via the Turkish Ceyhan pipeline," not only to secure revenues, but also to maintain a sensitive oil-water exchange equation with Ankara, which makes the energy route part of a broader network of regional interests.

For nearly twenty years, the federal oil and gas law remained inoperative despite being included in the constitution, leading to an unstable regulatory environment that affected long-term investments, disrupted domestic gas development plans, and kept the relationship between Baghdad and Erbil hostage to temporary understandings that changed with the change of governments.

Even today, the absence of this legislation remains one of the biggest factors hindering the building of a cohesive energy market within Iraq, and delaying the transition towards more efficient management of oil wealth, both in the region and in the rest of the provinces.  link

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

Tishwash:  The collapse of the Iranian currency: a crisis that shakes markets and confounds Kurdistan's traders.

The Iranian rial has been experiencing a sharp decline for days, the most severe in years, in a rapid downward wave that has cast a shadow over the markets of Iraqi Kurdistan, especially the banking sector, which relies heavily on the movement of the toman in daily buying and selling.

According to a Shafaq News Agency correspondent in Sulaymaniyah, the price of 100 US dollars reached about 12 million and 150 thousand Iranian Tomans, an unprecedented level that prompted many traders to recalculate their accounts.

Kawa Yahya, a currency trader in Sulaymaniyah, told Shafaq News that the recent decline was unexpected, stressing that demand for the dollar inside Iran rose exceptionally following the escalation of tensions between Tehran and both the United States and Israel, which put direct pressure on the local currency.

Yahya points out that what is happening today cannot be explained by economic standards alone, and in his opinion, "the political factor is the main driver of the current decline," expressing surprise that a country with such broad local self-sufficiency as that achieved in Iran cannot prevent this decline in its currency.

He adds that many currency traders in the Kurdistan Region have suffered significant losses as a result of the rapid decline, especially those who had been holding large quantities of Toman during the past period.

In the context of a broader economic analysis, economist Ismail Mohammed reveals to Shafaq News Agency that the current crisis has complex roots, starting from the outside and not ending at the inside.

The expert confirms that the deterioration of relations between Iran and the United States and European countries has put the local currency under direct political pressure, saying that "any disturbance between a country and America or Europe is quickly reflected in the value of its currency, and the Iranian rial is no exception."

But at the same time, he points to the existence of concurrent internal reasons, represented by a package of economic decisions that the Iranian government is preparing to implement at the beginning of next year, most notably raising fuel prices and increasing the prices of a number of local goods in exchange for government plans to raise employee salaries, which are measures that he believes will double the pressure on the currency and open the door to a new wave of inflation.

The agency's correspondent reports that the currency exchange markets in Sulaymaniyah, Halabja and Garmian have witnessed a clear state of confusion over the past two days, as a number of traders have reduced their transactions in Toman while waiting for the market to stabilize, while others reported a decline in demand from customers who usually relied on the Iranian currency for daily transfers or for purchasing goods coming from the Iranian side.

This decline comes in the context of a long downward trend witnessed by the Iranian currency during 2025. According to a quick tracking, the year began with a price of approximately 4.8 million tomans per 100 dollars, then it rose to about 7.5 million tomans in the middle of the year following a new round of US sanctions.

With the fall, and with the increase in regional tensions, the price exceeded 10 million tomans, reaching 11.15 million tomans in December, which is the lowest level in more than ten years.

Analysts agree that continued political tension and the absence of radical economic solutions could push the currency down further in the coming weeks unless Tehran intervenes with effective steps to curb the decline.  link

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Seeds of Wisdom RV and Economics Updates Saturday Afternoon 12-06-25

Good Morning Dinar Recaps,

India Deploys $16B Liquidity Boost as Debt Pressures Intensify

RBI rate cut signals major economies leaning on monetary tools to manage rising debt stress

Overview

• RBI cuts policy repo rate by 25 bps to 5.25%, easing borrowing costs amid slowing economic momentum.

• Up to $16B in liquidity support announced through bond purchases and forex-swap operations.

• Move signals growing reliance on monetary interventions to stabilize debt-heavy financial systems.

• Central banks worldwide increasingly favor liquidity injections over austerity or restructuring.

Key Developments

• The Reserve Bank of India launched a dual-action intervention: a rate cut plus large-scale liquidity support for banks.

• The liquidity plan includes bond purchases and foreign-exchange swap operations, designed to stabilize funding markets and reduce rollover risk.

• The decision reflects global macro-stress, as several economies attempt to soften the impact of high sovereign and private-sector debt loads without triggering credit shocks.

• Analysts note this shift mirrors a broader pattern among emerging markets, where monetary easing is used to offset tightening global financial conditions rather than relying on politically unpopular fiscal adjustments.

Why It Matters

Debt sustainability is becoming the defining stress point of the global financial architecture. India’s actions show how major economies increasingly rely on central-bank levers—not fiscal discipline—to avoid systemic strain, highlighting how debt pressures are shaping the global reset dynamic.

Implications for the Global Reset

Pillar: Debt (Monetary Backstops Replace Austerity)
Nations are turning to central-bank liquidity instead of direct restructuring, signaling a transition toward permanent debt monetization frameworks.

Pillar: Trade (Regional Flows Under Pressure)
As debt burdens rise, currency volatility increases, forcing countries to create protective trade and liquidity buffers within their regions.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters – “India Central Bank Cuts Repo Rate, Adds Liquidity Support”

• Economic Times – “RBI Cuts Policy Rate and Announces Liquidity Boost”

~~~~~~~~~~

BRICS Unveils Gold-Backed UNIT System as Parallel Dollar Alternative

New settlement instrument accelerates bloc-based finance in the global reset

Overview

• BRICS officially launches its gold-backed UNIT payment system, advancing a commodity-anchored model for cross-border trade.

• The framework enables settlement in gold, platinum, and rare-earth minerals—bypassing Western-controlled financial channels.

• The system now includes eleven full BRICS participants with twenty-two more applying to join.

• Global central-bank buying reinforces BRICS’ strategy as gold accumulations hit multiyear records.

Key Developments

• UNIT is designed as a wholesale, cross-border settlement instrument collateralized by gold and a BRICS currency basket. Insiders describe it as a formalized mechanism for parallel trade settlement in a multipolar world.

• BRICS gold reserves continue to expand. Brazil added 16 metric tonnes in September 2025—its first since 2021—bringing reserves to 145.1 tonnes. Russia (2,336t), China (2,298t), and India (880t) anchor the bloc’s holdings.

• Global central-bank buying tops 1,000 tonnes annually (2022–2024), the longest sustained accumulation streak in modern history.

• Analysts suggest the BRICS New Development Bank (NDB) may ultimately issue UNIT, with a valuation formula rumored at 40% gold / 60% BRICS currency basket—though formal confirmation is pending.

• BRICS positions UNIT as a non-fiat, collateral-anchored alternative backed by physical commodities rather than U.S. dollar credit structures.

Why It Matters

UNIT is not merely another payment system—it reflects the strategic split of global finance. BRICS is accelerating the move toward commodity-anchored trade settlement, reducing reliance on U.S. monetary policy, and creating a parallel economic architecture aligned with a multipolar reset.

Implications for the Global Reset

Pillar: Assets (Gold as Neutral Collateral)
BRICS is using gold to rebuild trust in settlement, shifting value away from fiat and reinforcing physical collateral as a base layer of global trade.

Pillar: Trade (Bloc-Based Settlement Systems)
UNIT creates a parallel trade network that operates outside Western platforms, accelerating fragmentation into competing monetary ecosystems.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Watcher.Guru – “BRICS Group Launches Gold-Backed UNIT Payment System”

• Insider Paper – “Brazil Boosts Gold Reserves as BRICS Expands Commodity Strategy”

~~~~~~~~~~

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Iraq Economic News and Points To Ponder Saturday Afternoon 12-6-25

The Central Bank: These Are The Circumstances Surrounding The Decision To Freeze The Funds Of International Entities And Parties... And We Have Directed That Some Of Its Provisions Be Amended.

Thursday, December 4, 2025, 13:53 | Economy Number of views: 267  Baghdad / NINA / The Central Bank of Iraq has settled the controversy surrounding the decision to freeze the funds and movable and immovable assets of a number of international parties and entities. The bank's administration directed, on Thursday, that some paragraphs of the decision be amended.

The Central Bank's Committee for Freezing Terrorist Funds released the text of its Decision No. 61 of 2025, published in the Iraqi Gazette, Issue No. 4848, on November 17, 2025. The decision freezes the funds and assets of a list of entities and individuals linked to the terrorist organizations ISIS and al-Qaeda, based on a request from Malaysia and pursuant to UN Security Council Resolution 1373 of 2001.

In an official statement, the committee clarified that "this list included references to a number of parties and entities that are not linked to any terrorist activities with the aforementioned organizations. The Iraqi side's approval was limited to the inclusion of entities and individuals linked exclusively to ISIS and al-Qaeda."

She indicated that "the inclusion of the other entities' names was due to the list being published before revision, and what was published in the Iraqi Gazette will be corrected by removing those entities and parties from the list of entities linked to the ISIS and al-Qaeda terrorist organizations." https://ninanews.com/Website/News/Details?key=1265164

The Controversy Continues Despite The Government's Assurance That It Has Rectified The Error Of Freezing The Funds Of Two Entities.

December 5, 2025 Baghdad - Al-Zaman   Vehicles carrying resistance flags toured the streets of Baghdad and the provinces in response to the error that accompanied the decision of the Committee for Freezing Terrorist Funds published in the Iraqi Gazette, which included the Lebanese Hezbollah and the Houthi group on the list of terrorist entities, and sparked a wide wave of controversy, despite the directive of the caretaker Prime Minister, Mohammed Shia Al-Sudani, to open an urgent investigation to determine responsibilities, hold those responsible accountable, and correct the error contained in the decision.

A statement received by Al-Zaman yesterday said that “Al-Sudani ordered an urgent investigation and accountability for those responsible for the error that accompanied the decision of the Committee for Freezing Terrorist Funds, which was published in the Iraqi Gazette and included entities unrelated to ISIS and al-Qaeda on the list.

 The government considered this an inaccurate reflection of Iraq’s political and humanitarian stance.” The statement added that “Iraq’s approval was limited to names and entities exclusively linked to the two terrorist organizations, and anything else was the result of an unrevised publication that will be corrected immediately.”

It further noted that “Iraq’s positions on the issues of the Lebanese and Palestinian peoples are firm and principled and not subject to political maneuvering, and no one can question Baghdad’s support for the right of peoples to liberation and to confront occupation, aggression, and genocide.”

For its part, the Presidency of the Republic denied any knowledge of or approval of any decision related to classifying Hezbollah or Ansar Allah as terrorist groups.

A statement issued yesterday confirmed that "this type of decision is not sent to the Presidency of the Republic, as it falls outside its jurisdiction. Its role is limited to ratifying laws and legislation issued by the Council of Representatives, and it learned of the decision only through social media."

 For its part, the Committee for Freezing Terrorist Funds at the Central Bank clarified in a statement yesterday that "the published list included parties and entities not covered by Security Council Resolution 1373, and their inclusion resulted from a publication error prior to revision."

The statement added that "the Iraqi side agreed exclusively to the inclusion of those affiliated with ISIS and al-Qaeda, and the correction will be officially published in the Iraqi Gazette." Meanwhile, former MP Raed al-Maliki revealed documented details concerning the decision of the Committee for Freezing Terrorist Funds.

 Al-Maliki wrote a post on his Facebook account yesterday stating that "after investigation, it became clear and documented that the decision of the Committee for Freezing Terrorist Funds was made on October 12th and circulated to all ministries and governorates by way of a letter from the General Secretariat of the Council of Ministers."

 He continued, "The decision concerned freezing the funds of 76 individuals and 24 Malaysian entities. The list of entities included Hezbollah and the Houthis. The same decision, which was circulated to the ministries and governorates, included a request to the Iraqi Gazette to publish it in the Official Gazette."

 The Official Gazette had published, in its issue number 4848, the committee's decision to freeze the assets of 24 entities, including items that referred to Hezbollah and Ansar Allah as terrorist organizations, before it became clear that this designation did not have the government's approval and did not align with Baghdad's declared political position.

The committee, formed within the General Secretariat of the Council of Ministers, is chaired by the Governor of the Central Bank, with the Director of Anti-Money Laundering serving as his deputy.

It also includes representatives from the Ministries of Finance, Interior, Foreign Affairs, Justice, Trade, Communications, Science and Technology, the Integrity Commission, and the Counter-Terrorism and Intelligence Services. Videos circulating on social media showed vehicles carrying resistance flags in response to its inclusion on the list of terrorist entities, despite the government's assertion that this was a mistake and an oversight.Meanwhile, al-Sudani approved the final findings of the investigation into the attack on the Kormor oil field.

The spokesman for the Commander-in-Chief of the Armed Forces, Sabah al-Nu'man, said in a statement yesterday that "the attack was carried out by two drones, launched from areas east of Tuz Khurmatu," noting that "the drone wreckage has been secured and the names of the perpetrators, who belong to outlaw groups, have been determined."

He confirmed that "al-Sudani approved the committee's recommendations, which included redeploying security forces east of Salah al-Din, strengthening intelligence coordination, changing some commanders, equipping the field with air defense systems, restricting the use of drones, and requesting the judiciary to form a joint committee to follow up on the case."  LINK

International Union: Iraq Has Made A Significant Leap In The Speed Of International Land Trade.

Baratha News Agency2082025-12-05    The International Road Transport Union (IRU) confirmed on Friday that Iraq has made a significant leap in transit speed through the TIR system for international trade. A report issued by the IRU stated that "Iraq has become a growing strategic transit hub after successfully reducing the transit time for film equipment from Hungary to Jordan from five weeks to just six days, taking advantage of the Iraqi international road that was recently reopened for commercial transport within the international customs transit system TIR."

He added that "the operation proved that the Iraqi route has become a new route that the world has begun to discover, after it contributed to facilitating the passage of the heavy European shipment at an unprecedented speed towards Jordan, where the equipment will be used in the production of a film that introduces the history of Jordan and its heritage landmarks."

The report also noted that "this achievement reflects the growing role of Iraq as a vital link connecting Europe with the Gulf and Middle Eastern countries, especially with the increasing reliance on the TIR system, which contributes to accelerating transit procedures and reducing stops at borders, thus enhancing the capabilities of supply chains in the region."

The report also indicated that “the digital expansion of the TIR system and the activation of international transit routes through Iraq will enhance the country’s position on the global trade map and will encourage the private sector to use the Iraqi route because of the time and cost savings it offers.”

It is worth noting that the Ministry of Transport had previously announced the implementation of the second international trip within the International Land Transport System (TIR) ​​through Iraqi territory, on the route of the Ibrahim Al-Khalil border crossing in Dohuk - the northern Umm Qasr port in Basra, while government statistics indicate that 1,000 land transport operations have been recorded on this route since last June. https://burathanews.com/arabic/economic/468565

Sudani Praises Ministries After The Growth Of Iraq's International Trade And Affirms The Continuation Of Major Strategic Projects

Localities   Prime Minister Mohammed Shia al-Sudani affirmed on Friday that the growth in land transport activity demonstrates Iraq's commitment to modernizing its trade sector. He also stressed the need for government departments and institutions to proceed with modernization, automation, and digital technology projects.

Al-Sudani's office stated in a press release that he "commended the performance of government agencies and relevant ministries, following the significant growth in international land trade transiting Iraqi territory, as confirmed by the International Road Transport Union (IRU)."

He noted that "the growth in regional and international trade, transport, and exchange via the Iraqi road network is evidence of Iraq's commitment to modernizing its trade sector and adopting international best practices."

 He emphasized "the continuation of major strategic projects, most notably the Development Road, and the increasing benefits derived from adopting the international customs transit system (TIR), as well as activating the Border Ports Authority's required systems and facilities in partnership with the IRU."

In his directives, the Prime Minister stressed “the need for the departments and institutions concerned with modernization, automation and the use of digital technology to proceed, so that Iraq can play its full vital and central role in global trade, in a way that benefits local development, creates job opportunities and maximizes the non-oil economy.” https://economy-news.net/content.php?id=63080

Oil Prices Hold Onto Gains As Peace Talks In Ukraine Are Awaited

Economy | 09:02 - 05/12/2025   Mawazin News -Oil prices held onto their gains for the second consecutive day as investors monitored developments in the Ukraine ceasefire talks, amid signs of a widening supply glut in the market.

Brent crude traded above $63 a barrel after rising 0.9% in the previous session, while West Texas Intermediate crude approached $60.

Ukrainian negotiators are preparing for a new round of talks in Florida, while Russian President Vladimir Putin said some points in a US-backed peace plan are "unacceptable" to him.

Markets are watching for any potential progress on an agreement, which could lead to the lifting of sanctions on Russia and an increase in oil exports, although reaching a formal agreement seems a long way off. Meanwhile, additional supply could put downward pressure on prices, which are already facing significant annual losses due to the oversupply.
https://www.mawazin.net/Details.aspx?jimare=271181

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