Iraq Economic News and Points To Ponder Saturday Morning 12-13-25
Bank Of Baghdad: Committed To International Compliance And Transparency Standards
Friday, December 12, 2025 14:42 | Economy Number of views: 304 Baghdad / NINA / Bank of Baghdad, one of the first Iraqi banks, affirmed its unwavering commitment to its professional approach, which it has maintained since its establishment decades ago.
This approach is built on trust, sound governance, and strict adherence to the regulations and instructions issued by the Central Bank of Iraq and local and international regulatory bodies.
Bank Of Baghdad: Committed To International Compliance And Transparency Standards
Friday, December 12, 2025 | Economy Number of views: 304 Baghdad / NINA / Bank of Baghdad, one of the first Iraqi banks, affirmed its unwavering commitment to its professional approach, which it has maintained since its establishment decades ago.
This approach is built on trust, sound governance, and strict adherence to the regulations and instructions issued by the Central Bank of Iraq and local and international regulatory bodies.
In an official statement released today, Friday, in response to reports circulating on social media platforms regarding US restrictions on financial deposits held by the bank, the bank's management stated, "We continue to strengthen our position as a leading financial institution in developing banking services and supporting the national economy."
The statement added, "Bank of Baghdad will remain close to its clients and partners, interacting with them transparently and responsibly, and continuing to provide safe and reliable services that comply with the highest standards of governance and compliance." /End 5 https://ninanews.com/Website/News/Details?key=1266427
Iraq Announces Completion Of The Five Projects For The Grand Faw Port By The End Of 2025
Economy | 12/12/2025 Mawazin News - Baghdad: The Ministry of Transport announced the completion of the five main projects within the Grand Faw Port project by the end of this year, emphasizing the government's continued direct oversight of the project's details due to its strategic importance to Iraq and the region.
Ministry spokesperson, Maitham al-Safi, stated that the government recently held a meeting of the Higher Committee for the Development Project to review progress rates and discuss the latest developments on the ground, noting that work is proceeding according to schedule.
Al-Safi pointed out that one of the most significant recent developments was the opening of the road connecting to the Grand Faw Port, which had been in the detailed design phase.
He explained that the road construction is 68% complete, while the cumulative detailed design work has reached 83%, with significant progress being made on the railway line.
He further stated that the Grand Faw Port project is witnessing substantial progress in the implementation of its main projects, including the five berths, the connecting road, and the navigation channel, confirming that work is proceeding at an accelerated pace.
Regarding the container terminal, Al-Safi confirmed that it has reached an advanced stage of completion and is nearing handover. He added that the submerged tunnel, a crucial structural element that will enhance future port operations, has exceeded 80% completion.
He further stated that the five main projects within the Grand Faw Port project will be completed by the end of this year, paving the way for further infrastructure development.
Al-Safi concluded that the Ministry is working on a comprehensive future vision for the port, which will become one of the most important ports in the Middle East and a pivotal hub in the development corridor project.
The Grand Faw Port is a strategic project located in the far south of Iraq, on the Faw Peninsula in Basra Governorate. It aims to transform the country into a regional trade hub by connecting it to global transportation networks. The foundation stone for the project was laid on April 5, 2010.
The project costs approximately $4.6 billion, covers an area of 54 square kilometers, and is expected to have a depth of 19 meters to accommodate the largest commercial vessels.
Its handling capacity is expected to reach 99 million tons annually, making it one of the largest ports in the Arabian Gulf and the tenth largest globally.
In 2024, the concrete wall for the quays was completed, the pilings were prepared, and work began on the container yard, with work progressing in parallel, focusing on completing the last five projects simultaneously.
This year, significant progress has been made on the submerged tunnel, with most of its components installed, the pilings secured, and the tunnel itself submerged. This tunnel is considered a vital project within the Grand Faw Port.
The Grand Faw Port is expected to bring about a major transformation in regional and international trade by connecting Iraq to global transportation networks and facilitating the movement of goods between East and West.
https://www.mawazin.net/Details.aspx?jimare=271505
Iraq Announces A Plan To Increase Private Sector Investment In 19 Economic Sectors.
Money and Business Economy News – Baghdad The Iraqi Private Sector Development Council has revealed details of a comprehensive plan to enhance its role in 19 economic sectors, which will begin to be implemented in the coming months.
Abdullah al-Jubouri, the second deputy of the Private Sector Development Council, said that "the Private Sector Development Council represents a vision that was launched with international support and aims to develop all areas of work in the Iraqi private sector, and to leave the economic pattern that previously tended towards socialism."
Al-Jubouri added that "the council was formed during the current year, and it represents 19 sectors that include all the joints of the Iraqi economy," stressing "the serious work to build promising sectors, correct legal legislation, as well as establish an institutional system in all sectors that support the national economy."
He pointed out that "work is currently underway to establish an economic edifice supported by the Private Sector Development Council, which will officially change its name to the Supreme Council for the Iraqi Private Sector, to undertake all tasks that would advance the private sector in the country." Al-Jubouri affirmed that "the coming months will witness the launch of an effective and practical plan in this field."https://economy-news.net/content.php?id=63308
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
MilitiaMan and Crew: IQD News Update-Pointing-SpaceX-CBI Digital Revolution-Revalue
MilitiaMan and Crew: IQD News Update-Pointing-SpaceX-CBI Digital Revolution-Revalue
12-12-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Follow MM on X == https://x.com/Slashn
Be sure to listen to full video for all the news……..
MilitiaMan and Crew: IQD News Update-Pointing-SpaceX-CBI Digital Revolution-Revalue
12-12-2025
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……..
A Flock of Black Swans Is Forming & the Power Elite Knows Exactly Why | Thornton & Schectman
A Flock of Black Swans Is Forming & the Power Elite Knows Exactly Why | Thornton & Schectman
Miles Franklin Media: 12-12-2025
Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, sits down with Dr. Mark Thornton, Senior Fellow at the Mises Institute, for a deep-dive into the systemic fragilities building beneath the surface of the global financial system and why a flock of black swans is forming all at once.
Thornton explains how central banks, political elites, and entrenched power structures have spent decades inflating bubbles, suppressing interest rates, weaponizing currencies, and expanding government controls.
Now those policies are converging into a historic breaking point.
A Flock of Black Swans Is Forming & the Power Elite Knows Exactly Why | Thornton & Schectman
Miles Franklin Media: 12-12-2025
Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, sits down with Dr. Mark Thornton, Senior Fellow at the Mises Institute, for a deep-dive into the systemic fragilities building beneath the surface of the global financial system and why a flock of black swans is forming all at once.
Thornton explains how central banks, political elites, and entrenched power structures have spent decades inflating bubbles, suppressing interest rates, weaponizing currencies, and expanding government controls.
Now those policies are converging into a historic breaking point.
From the breakdown of the dollar-led order to BRICS building parallel payment rails… from exploding sovereign debt to the yen carry trade… from stress in the banking system to the widening disconnect between derivatives and physical gold & silver – the “unknown unknowns” are piling up.
According to Thornton, none of this is random. The elites know exactly why these black swans are multiplying and why the public will be the last to see it.
In this episode of Little by Little:
Why multiple black swan risks are emerging at the same time
The role of central banks and political elites in engineering systemic fragility
BRICS, gold accumulation, and the rise of alternative settlement systems
Silver as a “critical mineral” and the strategic battle over supply
How stablecoins and the GENIUS Act may fast-track a U.S. monetary reset
00:00 Coming Up
01:06 Introduction
01:49 Ludwig Von Mises & Austrian Economics
04:06 US Dollar & Global Trade Dynamics
10:03 Gold & Precious Metals Market
16:41 Silver's Strategic Importance
20:00 BRICS & Global Financial Shifts
25:54 Potential Financial Crises
31:48 Cryptocurrencies & Government Regulation
37:30 Conclusion & Resources
Fiat’s Final Stage & How to Prepare w/ Francis Hunt
Fiat’s Final Stage & How to Prepare w/ Francis Hunt
Lynette Zang: 12-11-2025
A global financial reset is already in motion — and most people won’t see it until it’s too late.
In this powerful interview, Francis Hunt breaks down why fiat currency is entering its final stage, why debt markets are unraveling, and why the collapse will feel sudden when it happens.
Fiat’s Final Stage & How to Prepare w/ Francis Hunt
Lynette Zang: 12-11-2025
A global financial reset is already in motion — and most people won’t see it until it’s too late.
In this powerful interview, Francis Hunt breaks down why fiat currency is entering its final stage, why debt markets are unraveling, and why the collapse will feel sudden when it happens.
Lynette Zang and Francis explain the signals, the dangers, and the strategies you can use to protect yourself before the system takes your choices away.
From gold and sound money to prepping and global positioning, this is a roadmap for what comes next — and how to survive it.
00:00 Introduction
00:22 Is Panama a Sound Money Hub
02:41 Markets Breaking: Bonds, Dollar, Bitcoin
04:18 Zombie Debt & Currency Debasement
07:19 Inflation = Wealth Transfer
09:16 Panama Boom vs Western Decay
11:38 Treasury Stress & Ponzi Finance
15:10 Preparing for Chaos
18:44 Rising Taxes & Hidden Confiscation
23:37 Gold & Silver Strategy
25:26 Real Custody: Hold Your Assets
30:18 Stablecoins, CBDCs & Control
32:11 Digital ID & Financial Slavery
33:18 Sound-Money Revolution
Seeds of Wisdom RV and Economics Updates Friday Afternoon 12-12-25
Good Afternoon Dinar Recaps,
A Message to Our Seeds of Wisdom & Newshounds News™ Readers
For more than a decade, many of you have held foreign currencies with the hope that one day a global financial reset and revaluation would change your family’s future. You have remained patient, faithful, and committed — even as week after week, year after year, “RV gurus” declared this is finally the week, only for nothing to happen.
You deserve better than recycled predictions.
You deserve truth, clarity, and real evidence — not hype.
At Seeds of Wisdom and Newshounds News™, our mission is simple:
To give you facts, not fantasies.
To give you hope, not hype.
To give you understanding, not confusion.
Good Afternoon Dinar Recaps,
A Message to Our Seeds of Wisdom & Newshounds News™ Readers
For more than a decade, many of you have held foreign currencies with the hope that one day a global financial reset and revaluation would change your family’s future. You have remained patient, faithful, and committed — even as week after week, year after year, “RV gurus” declared this is finally the week, only for nothing to happen.
You deserve better than recycled predictions.
You deserve truth, clarity, and real evidence — not hype.
At Seeds of Wisdom and Newshounds News™, our mission is simple:
To give you facts, not fantasies.
To give you hope, not hype.
To give you understanding, not confusion.
The world is changing.
A global reset is not a myth — it is unfolding in real time through international finance, monetary restructuring, gold accumulation by central banks, new settlement systems, geopolitical realignment, and the slow erosion of dollar-centric frameworks.
But revaluation will not happen because a guru said it will.
It will happen when:
Global monetary architecture shifts,
New settlement systems are activated,
Liquidity and sovereign-debt frameworks are reset,
And nations restructure how value moves across borders.
These are the signals we track every day — not rumors, but verifiable developments happening across the world’s financial system.
🌱You have waited a long time.🌱
Our commitment is to walk this part of the journey with you honestly, respectfully, and transparently. We will continue bringing you real news, structured analysis, and the global indicators that truly matter for foreign currency holders.
We honor your patience. We honor your hope.
And we promise to protect that hope from the noise that has misled this community for far too long.
A reset is coming —
But this time, you will see it with clear eyes, grounded understanding, and the truth you deserve.
Seeds of Wisdom Team
Newshounds News™
Trusted. Grounded. Focused on truth in a world of noise.
But this time, you will see it with clear eyes, grounded understanding, and the truth you deserve.
Seeds of Wisdom Team
Newshounds News™
Trusted. Grounded. Focused on truth in a world of noise.
~~~~~~~~~~
NATO Expands Caribbean Enforcement as France Seizes 2.3 Tons of Cocaine
Drug-route security tightens amid rising geopolitical coordination across NATO and U.S. partners.
Overview
France intercepts 2.3 tons of cocaine in the Caribbean, part of a dramatic rise in 2025 counter-trafficking operations.
U.S. and NATO allies increase maritime enforcement, intensifying activity near Venezuela, Colombia, and Haiti.
Record drug-route disruptions highlight growing regional instability, prompting new EU and NATO policy measures.
Key Developments
French naval forces intercepted an unflagged vessel carrying over 2,360 kg (5,200 lbs) of cocaine — one of 2025’s largest seizures.
Over 31 tons of narcotics have been seized in the Antilles-Guyana zone this year, signaling escalating cartel activity and security risks.
U.S. Coast Guard operations continue at high tempo, with multiple multimillion-dollar seizures across the Caribbean and Eastern Pacific.
MAOC-N and NATO partners intensify joint intelligence operations, disrupting long-established Atlantic trafficking routes.
France proposes an EU sanctions regime targeting transnational drug networks, linking organized crime to geopolitical instability.
Why It Matters to Foreign Currency Holders
For those waiting on foreign-currency revaluation, developments like this matter far more than most realize. Major narcotics routes often fund non-state actors, corruption networks, and destabilizing forces inside countries whose currencies people are holding. A global currency reset requires financial stability, transparent capital flows, and strong international cooperation — the exact conditions these operations aim to build.
This article signals that:
NATO and EU frameworks are expanding, stabilizing regions tied to major trade and currency corridors.
Governments are tightening enforcement and sanctions, prerequisites for any future asset-backed or rules-based global financial architecture.
Law-enforcement coordination is increasing, a step required before cross-border settlement systems or global liquidity resets can be trusted.
This is the kind of real-world progress that matters for RV timelines — not guru predictions, but structural cleanup of geopolitical and financial instability, which always comes first.
Implications for the Global Reset
Pillar 1 — Structural Clean-Up: Successful counter-narcotics operations strengthen regional financial integrity — a requirement for future currency realignment and compliant international settlement systems.
Pillar 2 — Coordinated Enforcement: NATO, EU, and U.S. multi-agency coordination reflects the tightening of global governance frameworks that typically precede monetary restructuring.
This is not just politics — it’s global finance restructuring before our eyes.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Newsweek – “US’s NATO Ally Seizes Cocaine Boat in Caribbean Bust”
AP -- "French Navy intercepts boat loaded with over two tons of cocaine"
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U.S.–Venezuela Tensions Surge as Military Escalation Signals Possible Conflict
Washington’s show of force reshapes power balances in the Western Hemisphere.
Overview
U.S. intensifies pressure on Venezuela, escalating from sanctions to direct tanker seizures and expanded counter-drug strikes.
Major U.S. military assets deployed to the Caribbean, including F-35s, B-52 bombers, and carrier-based aircraft near Venezuelan airspace.
Venezuela responds with military mobilization, accusing the U.S. of attempting regime change to seize control of its oil resources.
Key Developments
Energy and shipping tensions escalate as the U.S. intercepts Venezuelan oil shipments, prompting international maritime warnings.
Operation Southern Spear expands, with U.S. forces conducting patrols, exercises, and simulated strikes across the region.
Trump administration signals readiness for “land strikes”, while Maduro swears in thousands of new troops to counter U.S. pressure.
Why It Matters
This confrontation is no longer just political—it reflects a deeper struggle over control of the Western Hemisphere’s energy corridors, shipping routes, and monetary influence. As the U.S. asserts the Monroe Doctrine and military operations expand, regional instability increases the risk of sanctions spillover, supply chain disruptions, and commodity volatility across the Americas.
Why This Matters to Currency Holders
Heightened U.S.–Venezuela conflict could accelerate shifts in global oil flows, payment routes, and the use of alternative settlement systems outside the U.S. dollar—especially among BRICS-aligned states supporting Venezuela.
Any disruption in the Caribbean and Gulf shipping lanes can affect energy prices, liquidity conditions, and the pace of de-dollarization across Latin American economies. Currency holders should watch for ripple effects on commodity-linked currencies, parallel-market rates, and regional dollar scarcity.
Implications for the Global Reset
Pillar: Energy Power Realignment
U.S. enforcement of the Monroe Doctrine brings the Western Hemisphere into sharper geopolitical competition, pushing alternative blocs to develop independent oil, trade, and payment channels.
Pillar: Acceleration of Alternatives to Dollar Settlements
Venezuela’s alignment with BRICS partners increases incentives for non-USD trade settlements, reinforcing a multipolar financial system.
This is not just politics — it’s global finance restructuring before our eyes.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
~~~~~~~~~~
U.S. Advances Plan for International Stabilization Force in Gaza
Washington prepares multinational deployment as part of Trump’s second-phase Middle East peace framework.
Overview
U.S. officials outline early-2025 deployment of an International Stabilization Force (ISF) under a UN mandate to demilitarize Gaza.
Indonesia offers up to 20,000 troops, signaling broad Muslim-world participation in the stabilization phase.
ISF to operate in Israeli-controlled zones, enabling potential phased Israeli withdrawal while supporting Palestinian police reintegration.
Key Developments
A U.S. two-star general is being considered to lead the mission, which will not directly engage Hamas but will assist demilitarization and civil reconstruction.
Force deployment dependent on final approvals from the Trump-established Board of Peace, including decisions on size, composition, and rules of engagement.
Indonesia’s contribution marks a major diplomatic shift, creating momentum for wider Muslim-majority involvement and potential Arab-world legitimacy.
Operational contradictions persist, as Hamas refuses disarmament without statehood, heightening risk for ISF entanglement.
Why It Matters
The ISF is the first tangible step toward a new Middle East security architecture that blends international oversight with phased Israeli disengagement. If successful, the plan could redefine regional power arrangements, reshape diplomatic alliances, and alter Washington’s credibility in peace enforcement. Failure, however, risks a protracted entanglement and renewed instability.
Why This Matters to Currency Holders
Major geopolitical transitions in the Middle East often trigger oil market volatility, shifts in petrodollar flows, and new alliances that affect global settlement systems.
A multinational force in Gaza—especially one backed by Indonesia and potentially other non-Western partners—signals rising influence from states exploring non-USD settlement frameworks. Any change in regional stability affects energy pricing, global liquidity, and the pace at which Middle Eastern nations diversify away from the dollar. Currency holders should watch for ripple effects across oil-linked currencies, sovereign risk ratings, and cross-border payment realignment.
Implications for the Global Reset
Pillar: Geopolitical Realignment in Energy & Security
International intervention in Gaza changes regional alignments and increases incentives for Middle Eastern states to strengthen economic ties with BRICS and alternative financial systems.
Pillar: Fragmentation of Dollar-Dominated Structures
The entry of large non-Western contributors like Indonesia highlights shifting global leadership roles and widens pathways for non-USD economic coordination.
This is not just politics — it’s global finance restructuring before our eyes.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
~~~~~~~~~~
Pakistan Partners With Binance to Tokenize Up to $2 Billion in Sovereign Assets
Islamabad moves to modernize its financial system and attract global capital through blockchain-based asset digitization.
Overview
Pakistan signs MoU with Binance to tokenize up to $2 billion in sovereign bonds, T-bills, and commodity reserves.
Regulators grant initial approval to Binance and HTX to establish licensed operations inside Pakistan.
Nation accelerates digital asset regulation, aiming to become a regional hub in tokenized finance.
Key Developments
Tokenization initiative aims to improve liquidity, transparency, and global access to Pakistan’s sovereign assets via blockchain.
Pakistan Virtual Assets Regulatory Authority approves preliminary registration for Binance and HTX as they prepare full licensing applications.
Islamabad is building a comprehensive digital asset framework, including a dedicated regulator and new licensing laws.
Move aligns with Pakistan’s plans for a central bank digital currency, marking a structural transition in its financial architecture.
Why It Matters
Pakistan’s initiative is one of the most aggressive state-level tokenization programs attempted by any government, signaling a fundamental redesign of sovereign asset management.
By partnering with major exchanges, the country seeks alternative financing avenues, improved transparency, and a competitive digital-finance ecosystem despite ongoing economic stress. The effort positions Pakistan as a potential model for other emerging markets seeking to digitize their balance sheets.
Why This Matters to Currency Holders
Tokenizing sovereign assets is a major step toward digitized national balance sheets, a hallmark of the coming global financial reset. As developing nations adopt blockchain-based debt and commodity structures, the world moves closer to post-SWIFT settlement rails, multi-currency collateral systems, and digital sovereign liquidity pools.
These transitions weaken the dominance of legacy currency valuations and open the door to re-priced national currencies based on real-asset-backed digital instruments. Pakistan’s move signals accelerated global momentum toward asset-backed, interoperable financial systems—precisely the environment in which currency revaluations become feasible.
Implications for the Global Reset
Pillar: Tokenized Sovereign Finance
Digitization of government assets creates a new template for emerging markets to restructure debt, issue collateralized digital bonds, and integrate into non-Western capital markets.
Pillar: Multipolar Payment Systems
Pakistan’s alignment with Binance and other global digital platforms reinforces the shift toward decentralized, non-USD financial rails, supporting broader de-dollarization trends.
This is not just politics — it’s global finance restructuring before our eyes.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
~~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
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
Seeds of Wisdom RV and Economics Updates Friday Morning 12-12-25
Good Morning Dinar Recaps,
Global Markets Flash Warning: China Slowdown & Fed Cuts Signal Structural Reset
Financial markets surge while economic foundations weaken — signaling a deeper global realignment.
Overview
China acknowledges weakening investment, prompting new state-driven stimulus and signaling structural stress inside the world’s second-largest economy.
Global equities rally on fresh Federal Reserve rate cuts, masking fragility beneath soaring asset prices.
Tech volatility resurfaces, showing cracks in overvalued sectors as traditional markets rotate toward real-economy assets.
Good Morning Dinar Recaps,
Global Markets Flash Warning: China Slowdown & Fed Cuts Signal Structural Reset
Financial markets surge while economic foundations weaken — signaling a deeper global realignment.
Overview
China acknowledges weakening investment, prompting new state-driven stimulus and signaling structural stress inside the world’s second-largest economy.
Global equities rally on fresh Federal Reserve rate cuts, masking fragility beneath soaring asset prices.
Tech volatility resurfaces, showing cracks in overvalued sectors as traditional markets rotate toward real-economy assets.
Key Developments
China issues concern over falling fixed-asset investment, pushing Beijing to prepare additional fiscal measures as demographic and productivity pressures accelerate.
European and U.S. markets hit record highs following the Fed’s latest rate cut, with banks and cyclicals leading gains despite AI valuation concerns.
Major tech weakness emerges, highlighted by sharp declines in key firms after disappointing earnings, renewing fears of an AI-driven market bubble.
Liquidity expansion returns as a global theme, with central banks increasingly prioritizing financial stability over anti-inflation discipline.
Why It Matters
Monetary easing, structural slowdown in China, and market dependence on liquidity reveal a global system shifting away from traditional Western-centric growth and dollar-tightening cycles. These moves expose deeper fractures in the current financial order — accelerating the transition toward distributed, multipolar economic coordination.
Implications for the Global Reset
Pillar 1 — Liquidity as Policy: Renewed rate cuts reinforce a strategic pivot toward global liquidity expansion, a prerequisite for restructuring sovereign debt, capital flows, and reserve frameworks.
Pillar 2 — East-West Divergence: China’s structural slowdown and stimulus plans amplify pressure for non-dollar settlement systems, supporting a broader multipolar financial architecture.
This is not just politics — it’s global finance restructuring before our eyes.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Financial Times – “China Signals Concern Over Falling Investment”
Reuters – “European Shares Head for Third Weekly Win on Fed Cut Optimism”
~~~~~~~~~~
‘The Unit’ Makes BRICS Gold-Backed Unified Currency Real
BRICS launches a gold-anchored digital settlement prototype — “The Unit” — aiming to reduce dollar reliance through a 40% gold / 60% currency-basket design.
Overview
Prototype launch & structure: The Unit launched as a working prototype (100 Units initially issued by IRIAS) and uses a 40-gram gold + 60% BRICS-currency basket reserve model.
Settlement role, not replacement: Designed as a trade settlement instrument (Cardano-based) that does not replace national currencies but reduces reliance on the U.S. dollar.
Immediate market effects: The pilot has already boosted gold demand for reserve backing and shifted settlement flows among BRICS members, with the Unit’s value adjusting to 0.9823 g of gold per Unit (Dec 2025).
Key Developments
Technical implementation: IRIAS engineered The Unit on the Cardano blockchain and announced the initiative in November 2025, creating a neutral cross-border settlement mechanism.
Reserve composition & membership: Reserve basket blends 40g physical gold with equal weightings of Brazil’s Real, China’s Yuan, India’s Rupee, Russia’s Ruble, and South Africa’s Rand; the bloc of ten members (BRICS + Egypt, Ethiopia, Indonesia, Iran, UAE) are implicated in settlement trials.
Central-bank accumulation: Major BRICS central banks (notably Russia and China) have increased gold holdings, strengthening credibility for a gold-anchored settlement layer.
Political caution: President Putin urged a careful, gradual approach—citing Eurozone lessons and saying BRICS has no immediate goal of a single currency rollout.
Liquidity & coordination limits: Gold’s lower liquidity vs fiat, diverse member exchange-rate regimes, capital controls, and the need for cross-member regulatory/infrastructure coordination remain major constraints.
Why It Matters
The Unit represents a structural attempt to rewire international settlement mechanics away from dollar-centric corridors. Even as a pilot, it shifts how reserves are used (active settlement vs passive storage) and forces policy, market, and central-bank responses that accelerate global finance restructuring — not only in trade invoicing but in strategic reserve accumulation and geopolitical leverage.
Implications for the Global Reset
Pillar 1 — Reserve Recomposition: A move from fiat/dollar reserves toward gold-backed settlement units forces central banks to reallocate reserves, intensifying global gold demand and altering currency risk profiles.
Pillar 2 — Alternative Settlement Architecture: Establishing a Cardano-based, gold-anchored settlement layer creates a parallel payment and trade infrastructure that reduces exposure to U.S. banking corridors and sanctions leverage.
This is not just politics — it’s global finance restructuring before our eyes.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Watcher Guru – “The Unit Makes BRICS Gold-Backed Unified Currency Real”
Watcher Guru -- "US Dominance Will End Through Non-Conditional Financing by BRICS Bank"
~~~~~~~~~~
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 12-12-25
Trump's Envoy Warns: Iraq's Future Hinges On Decisions In The Coming Weeks.
Political | 10:57 - 11/12/2025 Mawazin News – Baghdad: US President Donald Trump’s envoy to Iraq, Mark Savaya, stated that Iraq, 23 years after the fall of the dictatorship, stands at a “critical juncture,” emphasizing that no state can succeed “while armed groups compete with the state and undermine its authority.”
Trump's Envoy Warns: Iraq's Future Hinges On Decisions In The Coming Weeks.
Political | 10:57 - 11/12/2025 Mawazin News – Baghdad: US President Donald Trump’s envoy to Iraq, Mark Savaya, stated that Iraq, 23 years after the fall of the dictatorship, stands at a “critical juncture,” emphasizing that no state can succeed “while armed groups compete with the state and undermine its authority.”
In a statement, Savaya affirmed that “this division has weakened Iraq’s international standing, stifled its economy, and diminished its ability to protect its national interests.” He added that “the experience of the past three years has proven that genuine stability is possible when the government adopts a realistic and balanced approach that keeps the country out of regional conflicts and refocuses on national priorities.”
He added that "commemorating the eighth anniversary of the victory over ISIS and the successful completion of parliamentary elections place a direct responsibility on the shoulders of political and religious leaders.
The decisions they make will determine whether Iraq moves toward sovereignty and strength or slides back into fragmentation and decline." He stressed that "a unified and rational choice will send a clear message to the United States and the international community that Iraq is ready to take its place as a stable and respected nation in the new Middle East. The alternative is economic deterioration, political turmoil, and international isolation."
Savaya continued, "The United States, under President Trump's leadership, stands fully prepared to support Iraq during this critical phase." He noted that he and his team are "committed to working closely with Iraqi leaders to establish a strong state, a stable future, and a sovereign Iraq capable of shaping its own destiny in the new Middle East."
https://www.mawazin.net/Details.aspx?jimare=271473
Dollar Prices Rise Again In Baghdad's Local Markets
Economy | 11:11 - 11/12/2025 Mawazin News - Baghdad: The exchange rate of the US dollar has risen again in local markets in the capital, Baghdad, amid normal trading activity.
The selling price at currency exchange offices reached 143,500 dinars per 100 US dollars, while the buying price was 142,500 dinars. This increase comes amid limited fluctuations in the parallel market in recent days.
https://www.mawazin.net/Details.aspx?jimare=271444
Gold And Precious Metal Prices After The US Interest Rate Cut
Economy | 12:09 - 11/12/2025 Mawazin News - Follow-up: Gold prices declined globally after the precious metal reached its highest level in nearly a week, amid a split within the US Federal Reserve regarding interest rate cuts.
This left investors uncertain about the pace of monetary easing next year, while silver continued to reach new record highs. Spot gold fell 0.2% to $4,221.49 per ounce by 03:00 GMT, after earlier touching its highest level since December 5th.
Meanwhile, US gold futures for February delivery rose 0.6% to $4,249.70 per ounce.
Tim Waterer, senior market analyst at KCM Trade, said, "Gold has not been able to advance after today's events, as the Fed has made it clear that any further interest rate cuts will be limited and spaced out," indicating that the gold market is still trying to digest the direction of monetary policy next year.
The US Federal Reserve cut interest rates by 25 basis points on Wednesday in an unusually divided vote, while confirming that borrowing costs would not be lowered further until there are clearer signs of a slowing labor market and a decline in inflation, which it described as "still fairly high."
In an unprecedented move, six policymakers opposed the cut, and Fed Chair Jerome Powell avoided giving any clear indications about the timing of the next rate reduction.
Lower interest rates are generally seen as supportive of non-yielding assets like gold, as they reduce the opportunity cost of holding them, prompting more investors to seek refuge in the safe haven.
Traders are now awaiting the release of US jobs and inflation data for November next week, followed by a detailed report on third-quarter economic growth, for further clues on the future path of interest rates.
As for other precious metals, silver rose 0.8% in spot trading to $62.25 an ounce, after hitting a record high of $62.88 earlier in the session. Its year-to-date gains now stand at 113%, driven by strong industrial demand, declining inventories, and its inclusion on the U.S. list of critical metals.
Ilya Spivak, head of global macros at Tasty Life, said, "Silver has been largely unaffected by external factors and has been rising independently. I don't see any indication of a pullback at the moment."
Platinum also rose 0.3% to $1,660.50 an ounce, while palladium slipped 0.2% to $1,479.70, in cautious trading ahead of further signals from the Federal Reserve and U.S. economic data. https://www.mawazin.net/Details.aspx?jimare=271448
Iraq Exported 7.9 Million Barrels Of Oil To The US In November, Topping The Arab World.
Energy Economy News – Baghdad The U.S. Energy Information Administration announced on Thursday that Iraq's oil exports to the United States exceeded 7 million barrels during November, an increase of more than 2.5 million barrels compared to the previous month.
The administration stated in a table that "Iraq exported 7.920 million barrels of crude oil to America during the month of November, up from the month of October, in which Iraqi oil exports amounted to 4.495 million barrels."
She added that "Iraq exported an average of 149,000 barrels per day of crude oil to America during the first week of November, while it exported an average of 92,000 barrels per day in the second week, an average of 397,000 barrels per day in the third week, and an average of 435,000 barrels per day in the fourth week."
The U.S. Energy Information Administration explained that "Iraq ranked third in its exports to America last month, after Canada, which ranked first as the country exporting the most oil to America, followed by Mexico."
The administration noted that "Iraq came in first place among Arab countries as the largest exporter of oil to America, ahead of Saudi Arabia, which came in second with exports of 7.380 million barrels, and Libya came in third with exports of 1.440 million barrels." https://economy-news.net/content.php?id=63299
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
Seeds of Wisdom RV and Economics Updates Thursday Evening 12-11-25
Good Evening Dinar Recaps,
China Signals Trade Pushback as Tariff Disputes Intensify
Beijing warns against protectionist tariffs amid record $1 trillion trade surplus, raising global supply chain concerns
Good Evening Dinar Recaps,
China Signals Trade Pushback as Tariff Disputes Intensify
Beijing warns against protectionist tariffs amid record $1 trillion trade surplus, raising global supply chain concerns
Overview
China’s exports surged in 2025, producing a record $1 trillion trade surplus.
The Chinese Premier publicly urged trading partners to resist protectionist tariffs from the U.S. and EU.
Persistent disputes may fracture global supply chains and accelerate regional trade blocs.
Analysts warn that continued tariff escalation could reshape global commerce and investor strategies.
Key Developments
Record-breaking trade surplus
China’s trade surplus reached $1 trillion in 2025, highlighting the scale of its export-driven economy and prompting concern among trading partners.
Official warning on tariffs
The Chinese Premier stressed that protectionist measures risk destabilizing global economic governance, signaling a potential policy clash with Western powers.
Market and supply chain implications
Businesses and investors are assessing disruption risks to manufacturing hubs, rising input costs, and accelerated supply chain diversification toward alternative regions.
International oversight and commentary
The International Monetary Fund cautioned China to rebalance toward domestic consumption to reduce reliance on exports and prevent further trade friction globally.
Why It Matters
Heightened trade tensions between China and Western economies are a structural driver of economic fragmentation, influencing global supply chains, investment flows, and diplomatic alignments, while encouraging alternative regional blocs.
Implications for the Global Reset
Pillar 1: Fragmentation of Trade Networks
Rising tariffs push economies toward regionalization and political alignment, reducing reliance on globalized supply chains.
Pillar 2: Multipolar Economic Realignment
China’s resistance to Western tariff pressure underscores a shift toward a multipolar global economy, challenging U.S.-led trade norms and creating new geopolitical balances.
This is not just politics — it’s global finance restructuring before our eyes.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
~~~~~~~~~~
Central Bank Uncertainty Drives Safe-Haven Demand
Investors seek gold, high-quality bonds, and currency buffers amid unclear monetary policy
Overview
Heightened uncertainty about central bank interest rate decisions is influencing investor behavior globally.
Demand for safe-haven assets like gold, government bonds, and select currencies is rising.
Volatility in equity and currency markets reflects growing concerns over policy shifts and inflation expectations.
Financial institutions and traders are adjusting portfolios to hedge against potential market disruptions.
Key Developments
Investors flock to safe-haven assets
Markets are witnessing increased buying of gold and high-quality sovereign bonds as investors respond to ambiguous signals from central banks.
Monetary policy ambiguity
Uncertainty over Federal Reserve rate guidance and potential European Central Bank adjustments is creating volatility in global equity and currency markets.
Impact on global markets
Rising safe-haven demand is affecting commodity prices, FX flows, and bond yields, highlighting the interconnected nature of monetary policy and investor behavior.
Portfolio strategy shifts
Traders and institutional investors are hedging risk with diversified positions, including gold ETFs, U.S. Treasuries, and other low-risk assets to safeguard against potential market shocks.
Why It Matters
Central bank policy uncertainty can amplify market volatility, impact funding costs, and influence cross-border capital flows. Safe-haven trends often signal broader economic caution and can reshape investor priorities and global asset allocations.
Implications for the Global Reset
Pillar 1: Asset Reallocation
Increased safe-haven demand signals a reallocation of global capital toward low-risk and strategic assets, potentially reducing liquidity for riskier emerging markets.
Pillar 2: Monetary Policy Influence on Global Finance
Central bank decisions directly shape interest rates, currency strength, and investor confidence, underscoring the critical role of monetary policy in the evolving global financial architecture.
This is not just politics — it’s global finance restructuring before our eyes.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Morningstar – “European Midday Briefing: Stocks Decline as Focus Turns to Federal Reserve Policy”
SWP – “Gold’s Stability Tested: Central Bank Buying and Policy Expectations Drive Weekly Moves”
~~~~~~~~~~
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Iraq Economic News and Points To Ponder Thursday Evening 12-11-25
Cardinal Sako: Iraqis Are Waiting For The Birth Of A New Iraq
Thursday, December 11, 2025 12:00 | Politics Number of views: 340 Kirkuk / NINA / Cardinal Louis Raphael Sako stated that Iraq is a country of immense importance, not only because of its geographical location, its historical identity, its civilizations, and its wealth, but also because of the vitality of its people, their ethnic and religious diversity, and the radical thinking and creativity of its sons and daughters.
He added: After the fall of the previous regime in 2003, Iraqis aspired to a new, safe, stable, democratic, and sovereign Iraq, with a civil system that ensures equality for all citizens and places their interests above all other considerations.
Cardinal Sako: Iraqis Are Waiting For The Birth Of A New Iraq
Thursday, December 11, 2025 12:00 | Politics Number of views: 340 Kirkuk / NINA / Cardinal Louis Raphael Sako stated that Iraq is a country of immense importance, not only because of its geographical location, its historical identity, its civilizations, and its wealth, but also because of the vitality of its people, their ethnic and religious diversity, and the radical thinking and creativity of its sons and daughters.
He added: After the fall of the previous regime in 2003, Iraqis aspired to a new, safe, stable, democratic, and sovereign Iraq, with a civil system that ensures equality for all citizens and places their interests above all other considerations.
However, what transpired was a system of sectarian power-sharing and tribal sheikhdoms, which paved the way for the bitter experience of ISIS, legalized corruption, spread bribery, and established militias that, over time, became more powerful than the state, driving Iraqis, especially the elite, to emigrate!
In a message, Sako stated that today, after 22 years of experience and the recent parliamentary elections, as we prepare to welcome the new year of 2026, shouldn't we seriously revisit the essence of the change that occurred in 2003 and its objectives?
This should be a courageous step towards correction and reconciliation. He emphasized that crises are not resolved by force, but rather by embracing contemporary culture—a more rational and realistic culture that prioritizes service, social, cultural, legal, and economic institutions, similar to those in developed countries—through dialogue, understanding, and the search for common ground.
He pointed to the importance of respecting the rule of law and implementing the concept of citizenship. Therefore, the current constitution should be amended to protect the rights and freedoms of all citizens as true and equal partners in the nation.
He stressed the need to confine weapons to the state and make this a priority for the next government, as armed factions do not build a state. He also called for rejecting unilateralism, preoccupation with private interests, and the struggle for power and "representation."
Finally, he emphasized the need for a strong and developed economy through concrete steps, serious monitoring of corruption, and the recovery of stolen funds for the state treasury.
He stressed that delaying the formation of the government does not serve the country, therefore it is imperative to expedite the formation of a new government that reflects the aspirations of the Iraqi people—a government that is sovereign and decisive, capable of restoring Iraq's well-being and prestige, a government that strives to implement justice, equality, and integrity, and to address failures and crises and provide services through actions, not promises. /End https://ninanews.com/Website/News/Details?Key=1266256
Prime Minister's Advisor: The Development Path Is Entering The Implementation Phase
Reconstruction and building Economy News – Baghdad With the final designs completed (100%), the Development Road project enters a crucial phase that paves the way for its transformation from a strategic plan to an executive reality.
Nasser Al-Asadi, the Prime Minister’s Advisor for Transportation and Development Affairs, confirmed in an interview with Al-Sabah, which was followed by Al-Eqtisad News, that the project has officially moved to the marketing and international investment attraction phase, explaining that the completed designs are currently undergoing technical review before being launched.
The Development Road is the largest economic project in the history of modern Iraq, as it aims to create a land-rail corridor extending from the Grand Faw Port to the Turkish border, passing through a number of governorates.
Al-Asadi revealed that Iraq has received investment offers from several countries, including Turkey, the UAE, Qatar, and Oman, with growing interest from the Gulf states. He explained that the final route, agreed upon between Baghdad and Erbil, will pass through Dohuk and reach Fishkhabur, as it is the least expensive and easiest to construct, according to studies by an international consultant.
The project aims to reduce trade time between Asia and Europe to 15 days. Al-Asadi also indicated that the expected revenues, whether from current or future investments, are estimated at billions of dollars, with financial and economic studies to be announced soon. He emphasized that the project will provide numerous job opportunities and form a cornerstone for strengthening the national economy. https://economy-news.net/content.php?id=63284
Launch Of The "Ameen" Digital Platform To Combat Cybercrime And Extortion In Iraq
Money and Business Economy News – Baghdad The National Security Service announced on Thursday the launch of a new digital platform called "Amin" aimed at combating cybercrimes and the increasing cases of extortion within Iraqi society.
The agency's spokesman, Arshad al-Hakim, said at a press conference that "with the expansion of the communication environment and the growth of cyber threats, the agency realized that the confrontation is not only in the field, but also includes content and blackmail."
The governor added that the new application was developed in response to citizens' requests for protection against blackmail, explaining that the "Amin" platform allows for direct and secure handling of blackmail-related images and videos, without the need for complex procedures. The application also provides users with immediate notification when necessary.
The spokesperson noted that the registration and operation mechanism was designed by the Electronic Operations Unit within the National Security Service, to ensure speed and efficiency in dealing with emergencies and to protect citizens’ digital rights.
The launch of the “Ameen” platform comes as part of the agency’s efforts to enhance cybersecurity and protect society from growing digital crimes, which contributes to raising the level of trust between citizens and security agencies.
https://economy-news.net/content.php?id=63300
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
The Real Reason the Fed Just Ended QT
The Real Reason the Fed Just Ended QT
Heresy Financial: 12-11-2025
The Federal Reserve has officially ended its period of quantitative tightening (QT) as of December 1, 2025, marking a significant shift in monetary policy. QT, which involved shrinking the Fed’s balance sheet by allowing assets to mature without reinvestment, has given way to a more nuanced approach.
But what does this mean for the economy, and what’s driving the Fed’s decision?
The Real Reason the Fed Just Ended QT
Heresy Financial: 12-11-2025
The Federal Reserve has officially ended its period of quantitative tightening (QT) as of December 1, 2025, marking a significant shift in monetary policy. QT, which involved shrinking the Fed’s balance sheet by allowing assets to mature without reinvestment, has given way to a more nuanced approach.
But what does this mean for the economy, and what’s driving the Fed’s decision?
The end of QT doesn’t signal an impending financial or liquidity crisis, as some market observers have suggested. Rather, it’s a deliberate move to stabilize the Fed’s balance sheet, similar to the period between 2015 and 2017. The Fed’s reverse repo facility hitting zero and occasional taps on the repo facility by banks are simply a reflection of normal operational liquidity management.
The Fed has established standing repo facilities to prevent acute liquidity crises by supplying banks with unlimited overnight liquidity. This means that the banking system is well-equipped to handle liquidity needs, and the risk of a crisis is low.
The Fed’s approach to ending QT is multifaceted. While it’s continuing to wind down its mortgage-backed securities (MBS) holdings, it is rolling over maturing Treasury securities by reinvesting repayments into new Treasury bills. This dual strategy effectively injects liquidity into the government borrowing market, making it easier and cheaper for the government to borrow.
The overall balance sheet will remain stable, but with a shift in liquidity distribution between sectors. The Fed is withdrawing liquidity from the mortgage market while supporting government borrowing. This has significant implications for the economy and financial markets.
The underlying driver of the Fed’s policies is the government’s insatiable appetite for debt financing. The Federal Reserve Reform Act of 1977 mandates the Fed to maintain monetary growth commensurate with the economy’s long-run productive capacity, effectively ensuring continuous expansion of the money supply.
The Fed’s triple mandate – maximum employment, stable prices, and moderate long-term interest rates – serves the government’s fiscal needs by maximizing the tax base, maintaining inflation to reduce real debt burdens, and keeping borrowing costs manageable. This framework explains why QT is ending, MBS holdings are still being wound down, Treasury bill purchases continue, bank deregulation is underway, and interest rate cuts are imminent.
Looking ahead, short-term interest rates are expected to decline significantly in 2026, driven by leadership changes at the Fed and political pressures to ease monetary policy. Jerome Powell’s term ends in 2026, and new leadership is pushing for deregulation of banks to allow them to effectively perform QE by buying unlimited Treasuries, bypassing Fed balance sheet expansion.
Meanwhile, long-term Treasury yields are rising despite falling short-term rates, causing a steepening yield curve. This reflects market expectations of future inflation driven by the government’s need to borrow and spend using newly created money.
The end of QT marks a significant shift in monetary policy, driven by the government’s need for debt financing and the Fed’s mandate to support the economy. While fears of deflation and default may be misplaced, the implications for real purchasing power and quality of life are complex.
As the Fed continues to navigate the complexities of monetary policy, one thing is clear: the money supply will continue to expand, supporting rising asset prices and reducing defaults. But what does this mean for the average investor and consumer?
Stay tuned for further insights and analysis.
Some “Iraq News” Posted by Clare at KTFA 12-11-2025
KTFA:
Clare: American company Starlink expresses its readiness to operate satellite internet service in Iraq.
12/11/2025- Baghdad
SpaceX (Starlink), the American company specializing in networking, information and communications technology, announced on Thursday its readiness to launch satellite internet service in Iraq within a short period.
This came during a meeting between outgoing Prime Minister Mohammed Shia al-Sudani and a delegation from the company, in the presence of the US Chargé d'Affaires to Iraq, Joshua Harris.
KTFA:
Clare: American company Starlink expresses its readiness to operate satellite internet service in Iraq.
12/11/2025- Baghdad
SpaceX (Starlink), the American company specializing in networking, information and communications technology, announced on Thursday its readiness to launch satellite internet service in Iraq within a short period.
This came during a meeting between outgoing Prime Minister Mohammed Shia al-Sudani and a delegation from the company, in the presence of the US Chargé d'Affaires to Iraq, Joshua Harris.
According to a statement issued by the Sudanese office, the meeting discussed the final stages of granting satellite internet licenses, including to SpaceX, and enhancing cooperation in the field of communications and the services provided by the company and its coverage areas.
The statement quoted Al-Sudani as saying that Iraq has made an important leap in attracting various international companies and securing all their requirements and needs, including satellite internet systems, to sustain their work and activities.
He emphasized the government’s interest and keenness to keep pace with the development of the world of communications and information technology, and the digital transformation through cooperation with SpaceX and its entry into the Iraqi market, which today includes many promising investment opportunities.
For its part, the SpaceX Starlink delegation expressed their keenness and interest in working, providing services and cooperation in the information technology sector, stressing that their company is ready to operate and work to provide satellite internet service within a short period, after officially obtaining a license to operate in Iraq. LINK
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Clare: Cardinal Sako: Iraqis are waiting for the birth of a new Iraq
12/11/2025
Cardinal Louis Raphael Sako stated that Iraq is a country of immense importance, not only because of its geographical location, its historical identity, its civilizations, and its wealth, but also because of the vitality of its people, their ethnic and religious diversity, and the radical thinking and creativity of its sons and daughters.
He added: After the fall of the previous regime in 2003, Iraqis aspired to a new, safe, stable, democratic, and sovereign Iraq, with a civil system that ensures equality for all citizens and places their interests above all other considerations.
However, what transpired was a system of sectarian power-sharing and tribal sheikhdoms, which paved the way for the bitter experience of ISIS, legalized corruption, spread bribery, and established militias that, over time, became more powerful than the state, driving Iraqis, especially the elite, to emigrate!
In a message, Sako stated that today, after 22 years of experience and the recent parliamentary elections, as we prepare to welcome the new year of 2026, shouldn't we seriously revisit the essence of the change that occurred in 2003 and its objectives? This should be a courageous step towards correction and reconciliation.
He emphasized that crises are not resolved by force, but rather by embracing contemporary culture—a more rational and realistic culture that prioritizes service, social, cultural, legal, and economic institutions, similar to those in developed countries—through dialogue, understanding, and the search for common ground.
He pointed to the importance of respecting the rule of law and implementing the concept of citizenship. Therefore, the current constitution should be amended to protect the rights and freedoms of all citizens as true and equal partners in the nation. He stressed the need to confine weapons to the state and make this a priority for the next government, as armed factions do not build a state. He also called for rejecting unilateralism, preoccupation with private interests, and the struggle for power and "representation." Finally, he emphasized the need for a strong and developed economy through concrete steps, serious monitoring of corruption, and the recovery of stolen funds for the state treasury.
He stressed that delaying the formation of the government does not serve the country, therefore it is imperative to expedite the formation of a new government that reflects the aspirations of the Iraqi people—a government that is sovereign and decisive, capable of restoring Iraq's well-being and prestige, a government that strives to implement justice, equality, and integrity, and to address failures and crises and provide services through actions, not promises. LINK
Clare: Starting in 2026… the Ministry of Finance will suspend appointments, bonuses, and promotions pending the federal budget.
12/11/2024
The Iraqi Ministry of Finance issued an official directive to all ministries, non-ministerial entities, and governorates, stressing the strict adherence to the spending powers specified in the Federal General Budget Law for the year 2021, and preventing the creation of any new financial obligations outside the approved allocations.
The ministry stated in a document that the powers based on the provisions of Article (13/Second) of the Financial Management Law No. 6 of 2019 confirm the necessity of adopting spending in accordance with the financial ceilings contained in the budget without exceeding them, noting that the allocations were confirmed according to national and international reports without any amendment to the operational or investment budget chapters.
The government directive included a number of restrictions, most notably:
• Prohibiting transfers between chapters and sections of the operational or investment budget.
• Banning new contracts outside of approved financial allocations.
• Prohibiting funding for investment projects not included in the 2021 budget.
• Requiring ministries to submit a detailed monthly report on actual spending and remaining allocations.
The ministry stressed that any government entity that enters into contracts or commits to funding outside of the allocated funds will bear full legal responsibility, in accordance with the applicable Financial Management and Public Budget Law.
According to experts, this tightening comes within the framework of the government's attempts to impose fiscal discipline and prevent inflation of expenditures, especially with the continued economic pressures facing the country. LINK
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Clare: The Securities Authority affirms its commitment to enhancing the investment environment in line with international standards.
12/11/2025 Baghdad (INA)
The Securities Authority announced on Thursday the importance of strengthening frameworks for joint cooperation with the Union of Arab Securities Authorities, while pointing to the importance of enhancing the investment environment in accordance with the best international standards.
A statement issued by the commission and received by the Iraqi News Agency (INA) stated that "the Iraqi Securities Commission and the Iraq Stock Exchange received the Secretary-General of the Union of Arab Securities Authorities, Jalil Tarif, on an official visit during which he affirmed the Union's keenness to enhance joint cooperation with the two parties in a way that serves the development of the securities sector in Iraq and the Arab region."
He explained that “during the meeting, ways to develop cooperation in the areas of regulation, supervision and capacity building were discussed, in addition to strengthening the legislative and regulatory environment that supports the capital market. Joint training programs were also discussed, through which the Federation seeks to raise the efficiency of employees and enhance their skills in supervision, control and regulation of markets.”
The head of the Iraqi Securities Commission, Faisal Al-Haimas, affirmed that "this visit represents an important opportunity to strengthen the frameworks of joint cooperation with the Union of Arab Securities Authorities," noting "the Commission's keenness to expand the horizons of partnership in a way that contributes to raising the efficiency of regulatory performance and enhancing the investment environment in Iraq in accordance with the best international standards."
For his part, Secretary-General Jalil Tarif explained that "the Union is ready to support the Authority and the market in all areas of cooperation, including training, exchange of experiences, and learning about the best regional and international practices, in order to enhance the efficiency of the market's performance and maintain the protection of investors."
The Iraqi Securities Commission and the Iraq Stock Exchange appreciated the visit of Secretary-General Jalil Tarif, stressing that “this cooperation represents a fundamental pillar in developing the Iraqi capital market and enhancing its role at the regional and Arab levels, in a way that achieves the Commission’s goals of improving governance, transparency and regulatory efficiency.” LINK