Gold and Silver, Economics Dinar Recaps 20 Gold and Silver, Economics Dinar Recaps 20

Where are Metals Headed Amid Geopolitical Chaos: Andy Schectman

Where are Metals Headed Amid Geopolitical Chaos

Liberty and Finance: Andy Schectman:  6-25-2025

In a recent exclusive interview with Liberty and Finance, Andy Schectman provided a detailed breakdown of the escalating tensions between Iran, Israel, and the United States.

The ongoing conflict has significant implications for global stability and the precious metals markets. As the situation continues to unfold, it is essential to understand the potential consequences of these rising tensions.

Where are Metals Headed Amid Geopolitical Chaos

Liberty and Finance: Andy Schectman:  6-25-2025

In a recent exclusive interview with Liberty and Finance, Andy Schectman provided a detailed breakdown of the escalating tensions between Iran, Israel, and the United States.

The ongoing conflict has significant implications for global stability and the precious metals markets. As the situation continues to unfold, it is essential to understand the potential consequences of these rising tensions.

The Middle East has long been a hotbed of geopolitical activity, with various nations vying for power and influence. The current tensions between Iran, Israel, and the US are rooted in a complex web of historical, cultural, and economic interests.

 Iran’s now-crippled nuclear program, Israel’s concerns about national security, and the US’s role as a global superpower have all contributed to the escalating conflict.

The rising tensions between these nations pose a significant threat to global stability. A potential conflict could have far-reaching consequences, including disruptions to global trade, increased terrorism, and a heightened risk of cyberattacks. The impact on the global economy could be severe, with potential losses in the trillions of dollars.

In times of geopolitical uncertainty, investors often turn to precious metals as a safe haven. Gold, silver, and other precious metals have historically performed well during periods of conflict and economic instability.

As the situation in the Middle East continues to deteriorate, investors may increasingly seek out these assets as a hedge against potential losses.

Andy Schectman’s interview with Liberty and Finance provides valuable insights into the current situation and its potential implications for the precious metals markets. With his expertise in the field, Schectman offers a nuanced understanding of the complex factors at play and the potential consequences of the rising tensions.

For a deeper understanding of the geopolitical chaos involving Iran, Israel, and the US, and its potential impact on global stability and precious metals markets, watch the full video interview with Andy Schectman on Liberty and Finance.

The interview provides a comprehensive analysis of the situation and offers valuable insights for investors and individuals concerned about the potential consequences of the escalating conflict.

In conclusion, the rising tensions between Iran, Israel, and the US have significant implications for global stability and the precious metals markets. As the situation continues to unfold, it is essential to stay informed and adapt to the changing landscape.

By watching the full interview with Andy Schectman and staying up-to-date on the latest developments, individuals can better navigate the complex and rapidly evolving geopolitical environment.

https://youtu.be/TV4VgYEqeHk

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Iraq Economic News and Points To Ponder Thursday Afternoon 6-26-25

Expert: Economic Stability In Iraq...And Identifies A Prominent Reason

Time: 2025/06/26 Reading: 225 times  {Economic: Al Furat News} Economic expert Abdul Rahman Al Mashhadani confirmed that Iraq is currently experiencing a degree of local economic stability, attributing this to continued government support for the fuel sector and energy provision.

Al-Mashhadani explained in a statement to Al-Furat News that: "The stability includes subsidized gasoline, diesel, and gas, in addition to providing free fuel to private generators to ensure the continuity of electricity for citizens."

Expert: Economic Stability In Iraq...And Identifies A Prominent Reason

Time: 2025/06/26 Reading: 225 times  {Economic: Al Furat News} Economic expert Abdul Rahman Al Mashhadani confirmed that Iraq is currently experiencing a degree of local economic stability, attributing this to continued government support for the fuel sector and energy provision.

Al-Mashhadani explained in a statement to Al-Furat News that: "The stability includes subsidized gasoline, diesel, and gas, in addition to providing free fuel to private generators to ensure the continuity of electricity for citizens."

He pointed out that "the ampere prices set by the Baghdad Provincial Council for this month were identical to those set last month, indicating relative stability in this aspect of services."

However, Al-Mashhadani warned that "this stability could be negatively impacted if the war continues, especially given the potential for the security situation to deteriorate as a result of the conflict escalating in Iraqi airspace." He noted that "the calm of the government and citizens, along with the end of the war, played a significant role in maintaining economic stability across all sectors."   LINK

Sudanese Advisor: The Ceasefire Agreement Provided Temporary Relief To Oil Markets.

Energy  Economy News – Baghdad   The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed on Thursday that the ceasefire agreement between Iran and the Zionist entity has returned oil markets to a downward trend.

Saleh told the official agency, followed by Al-Eqtisad News, that "following the announcement of a ceasefire agreement between Iran and the entity, which halted threats to close the vital Strait of Hormuz - threats issued within the context of escalation with the entity - oil markets returned to a downward path and headed towards peace indicators, after a sudden hedging wave that it witnessed at the height of tension."

He added, "The Strait of Hormuz is strategic, through which approximately 20% of the world's crude oil passes, in addition to a third of liquefied natural gas supplies destined for international markets under ongoing, long-term contracts.

" He noted that "the decision to cease the war has given energy markets a strong positive signal indicating the stability of supply routes, especially in the world's most important energy corridor."

“This was directly reflected in Brent crude prices, which are considered a benchmark for oil pricing, as they recorded an immediate drop of more than 5%, equivalent to $3 to $4 per barrel in a single session.

This is considered one of the largest daily declines in recent times, which means the end of the threat and the return of balance to the market,” he continued, stressing that “the end of the threats that were threatening the Strait of Hormuz and the return to the language of calm represented a temporary moment of relief for the markets.

However, in reality, this relief does not necessarily mean long-term stability, as the fragility of the truce and the possibility of renewed clashes if diplomatic efforts fail, maintain a high level of caution in future forecasts.”

He explained that "the market is now pricing oil and is once again being affected by traditional economic factors: from weak demand, to OPEC+ production policies, to competition between exporting countries from within and outside the organization.

" He pointed out that "public finances in Iraq must adhere to the constants of hedging and financial discipline included in Law No. 13 of 2023 (the three-year budget), which is spending according to the optimal minimum requirements and resorting to domestic borrowing when needed, as permitted by the law and in a way that does not disrupt basic operational and investment expenditures, even with the disappearance of the (strategic oil premium) generated by threats to the Strait of Hormuz."   https://economy-news.net/content.php?id=56663

Parliamentary Warnings Of The Repercussions Of Dependence On Oil

Buratha News Agency1452025-06-26   The Parliamentary Finance Committee warned on Thursday, June 26, against continuing to rely on oil prices, as it is considered a risk to the Iraqi economy.

Committee member Mustafa Al-Karawi told Al-Sumaria TV that, “There was an increase in oil prices during the past crisis represented by the war between the Islamic Republic of Iran and the usurping Zionist entity, due to market turmoil and export problems. Consequently, this increase was reflected positively in the country’s financial aspect.” He added,

“However, in general, this is not considered a real increase, as there are circumstances that may affect the reduction of the oil price to below the normal price, and thus continuing to rely on oil prices is considered a risk to the Iraqi economy.”

He explained that "another parallel economy must be built to compensate and support the country in the event of any external problems, given that oil prices are controlled by others. In contrast, the internal economy and non-oil revenues can be in the hands of the Iraqi government.

" He indicated, "We hope for security and economic stability in the region so that there is no direct impact on the country or on neighboring Islamic countries."   https://burathanews.com/arabic/economic/462060

Iraq's Oil Exports Exceed 500 Million Barrels In Five Months

Energy  Economy News – Baghdad  Iraq's oil exports in the first five months of 2025 exceeded 500 million barrels.

According to statistics announced by SOMO, "Iraq's total oil exports during the first five months of this year amounted to 507 million, 699 thousand, and 760 barrels, at a rate of 101 million, 539 thousand, and 932 barrels per month."

She added, "The total oil exported from the Basra and central fields from Basra ports amounted to 492 million, 543 thousand, and 872 barrels, while the total exported from the Qayyarah field from Kirkuk amounted to 4 million, 745 thousand, and 590 barrels."

Statistics also indicated that "oil exports from the modern Kirkuk depot to Jordan during this period amounted to 1,649,316 barrels." According to SOMO, "financial revenues from exports for the months of March, April, and May amounted to $20 billion, 816 million, 452 thousand, and 330 dollars." https://economy-news.net/content.php?id=56665

Dollar Exchange Rate Fluctuations Against The Dinar In Baghdad

Economy | 10:46 - 06/26/2025  Mawazine News - Baghdad -  The US dollar exchange rate witnessed a decline in local markets on Thursday morning.

It decreased slightly on the Al-Kifah and Al-Harithiya stock exchanges, recording 141,400 Iraqi dinars for every $100, while yesterday morning, Wednesday, it recorded 141,500 dinars for every $100.

Selling prices in exchange shops in local markets in Baghdad also stabilized, with the selling price reaching 142,500 Iraqi dinars for every $100, and the purchase price reaching 140,500 dinars for every $100.   https://www.mawazin.net/Details.aspx?jimare=263102

The Minister Of Interior Affirms Iraq's Keenness To Consolidate Cooperation With NATO In The Areas Of Training And Capacity Building.

A wish | 06/26/2025  Mawazine News - Baghdad -   Interior Minister Abdul Amir Al-Shammari affirmed, on Thursday, his keenness to enhance coordination with NATO, especially in the field of training and capacity building.

The ministry said in a statement received by Mawazine News: "Interior Minister Abdul Amir Al-Shammari met with the Commander of the NATO Mission in Iraq, Major General Christophe Hintery, and his accompanying delegation."

The statement added, "At the beginning of the meeting, the Minister welcomed his guests and discussed with them a number of topics of common interest, most notably the Iraqi Ministry of Interior's readiness to cooperate with the mission in all training fields. Regional developments were also discussed during this meeting."

According to the statement, the Minister stressed his keenness to "strengthen bilateral relations and enhance coordination, especially in the field of training and capacity building."

For his part, the NATO Commander praised "the remarkable security stability in all Iraqi governorates, appreciating the efforts of the Iraqi Ministry of Interior in supporting security work and its cooperation in the field of training, especially as it is an advanced ministry in security issues."

The statement added, "The meeting discussed cooperation in the fields of cybersecurity, international border control, combating drugs, and training operations for the Federal Police Forces Command." https://www.mawazin.net/Details.aspx?jimare=263115

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

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Seeds of Wisdom RV and Economic Updates Thursday Afternoon 6-26-25

Good Afternoon Dinar Recaps,

BRICS Inspires 15 African Nations to Adopt Homegrown Payment System
By Watcher.Guru | June 2025

Africa is now taking a decisive step toward de-dollarization, inspired by the BRICS bloc. A group of 15 African countries has turned to the Pan-African Payments and Settlements System (PAPSS)—a homegrown payment network that allows trade settlements in local currencies, bypassing the US dollar entirely.

Good Afternoon Dinar Recaps,

BRICS Inspires 15 African Nations to Adopt Homegrown Payment System
By Watcher.Guru | June 2025

Africa is now taking a decisive step toward de-dollarization, inspired by the BRICS bloc. A group of 15 African countries has turned to the Pan-African Payments and Settlements System (PAPSS)—a homegrown payment network that allows trade settlements in local currencies, bypassing the US dollar entirely.

Key Highlights:

▪️ 15 African nations, including Kenya, Malawi, Tunisia, and Zambia, are using PAPSS to settle trade.
▪️ 150+ commercial banks are now connected to PAPSS.
▪️ The system can cut foreign exchange costs from 10–30% down to just 1%.
▪️ PAPSS leverages regional currencies like the Nigerian naira, Ghanaian cedi, and South African rand.
▪️ Estimated $5 billion in savings in FX costs if scaled across Africa.

PAPSS: Africa’s Answer to the US Dollar

PAPSS—created to enable real-time gross settlement of cross-border transactions—is becoming the financial backbone of intra-African trade. It reduces reliance on USD, which traditionally dominated African trade deals due to lack of direct currency convertibility.

With BRICS as its model, PAPSS aims to shift African economies toward currency sovereignty. It eliminates the need for costly third-party currencies and reinvests saved foreign exchange into local development.

“A trade worth $200 million in USD could cost up to 30% in FX fees. PAPSS drops that to just 1%.”

A Growing Threat to USD Dominance

The Pan-African system mirrors the BRICS vision: creating a multipolar financial world with decentralized currency power. In fact, BRICS itself is exploring a similar platform, aligning closely with PAPSS to reduce reliance on Western-led financial systems.

As more countries across Africa adopt PAPSS, the pressure on the U.S. dollar’s international dominance will only increase. Combined with BRICS initiatives, the global financial structure is pivoting toward regional cooperation and currency independence.

The Big Picture:

Africa’s use of PAPSS is a quiet revolution that could become one of the most significant economic stories of the decade. By bypassing the dollar, reducing transaction costs, and increasing autonomy, Africa is joining a global movement toward local currency empowerment—one spearheaded by BRICS and now embraced continent-wide.

The future of trade may not revolve around the dollar, but around locally-led, digitally connected networks like PAPSS.

@ Newshounds News™
Source:  
Watcher Guru

~~~~~~~~~

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Gold and Silver, Economics Dinar Recaps 20 Gold and Silver, Economics Dinar Recaps 20

Why Nations Are Moving Gold Out of the U.S. and Back Home

Why Nations Are Moving Gold Out of the U.S. and Back Home | Peter Boehringer

Kitco News:   6-26-2025

Central banks around the world are accelerating a quiet but powerful shift — pulling their gold reserves out of U.S. and foreign custody.

 Germany led this move over a decade ago, repatriating 674 tonnes of gold from the Federal Reserve and Banque de France. Now others are following. Why?

 In this exclusive Kitco News interview, Jeremy Szafron speaks with Peter Boehringer, Member of the German Bundestag and former Chair of the Budget Committee, who spearheaded Germany’s gold repatriation.

Why Nations Are Moving Gold Out of the U.S. and Back Home | Peter Boehringer

Kitco News:   6-26-2025

Central banks around the world are accelerating a quiet but powerful shift — pulling their gold reserves out of U.S. and foreign custody.

 Germany led this move over a decade ago, repatriating 674 tonnes of gold from the Federal Reserve and Banque de France. Now others are following. Why?

 In this exclusive Kitco News interview, Jeremy Szafron speaks with Peter Boehringer, Member of the German Bundestag and former Chair of the Budget Committee, who spearheaded Germany’s gold repatriation.

 Boehringer breaks down why trust, control, and monetary sovereignty are pushing countries to rethink their reserve strategies — and why this trend is only gaining speed in 2025.

Key topics:

-Germany’s gold repatriation: why it began and how it unfolded

-The risks of outsourcing custody to the U.S. and U.K.

 -OMFIF 2025 survey: 70% of central banks cite U.S. instability as a concern

-Why more central banks are buying gold and reducing dollar exposure

-Is a sovereign gold movement underway?

-Could gold become a new anchor of credibility in a fragmenting world?

-The future of the euro, digital currencies, and Bitcoin in national reserves

00:00 Introduction

01:57 Germany's Gold Repatriation

04:05 Concerns About Foreign Gold Custody

 07:21 Audit and Transparency Issues

 13:32 Global Gold Movement

18:25 Euro and Global Reserve Dynamics

21:12 Germany's Fiscal Policy and Gold Reserves

23:50 Germany's Missed Gold Opportunity

24:54 Bitcoin vs. Gold: A Libertarian Perspective

25:18 The Future of Sovereign Crypto Reserves

25:48 Gold's Historical Value and Bitcoin's Uncertainty

 27:25 Challenges of Using Gold to Offset National Debt

30:43 The Independence of Central Banks

32:14 The Case for a European Gold Depository

36:44 Central Bank Digital Currencies: A Dystopian Future?

42:06 Public Influence on Gold Repatriation

43:25 Gold Market Dynamics and Central Bank Strategies

 44:43 Conclusion

https://www.youtube.com/watch?v=gw7Y2YoL0T4

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News, Rumors and Opinions Thursday 6-26-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 26 June 2025

Compiled Thurs. 26 June 2025 12:01 am EST by Judy Byington

Wed. 25 June 2025: A global change has begun, but only behind closed doors and with the help of coordinated military forces. …Gesara Nesara on Telegram

A historic treaty has (allegedly) been signed by 209 countries to change the way the world does business. This isn’t a theory or a far-off dream; it’s happening right now.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 26 June 2025

Compiled Thurs. 26 June 2025 12:01 am EST by Judy Byington

Wed. 25 June 2025: A global change has begun, but only behind closed doors and with the help of coordinated military forces. …Gesara Nesara on Telegram

A historic treaty has (allegedly) been signed by 209 countries to change the way the world does business. This isn’t a theory or a far-off dream; it’s happening right now. A full revaluation of the currency is (allegedly) happening, and a military operation is helping to make sure the transition to a sovereign monetary system is safe and smooth. What is the point? To bring back fairness, open up opportunities for growth, and break the centuries-old hold of centralized control over the world economy.

The currencies that have been kept low for a long time, such as the Iraqi Dinar, Vietnamese Dong, and Zimbabwe ZIM, are(allegedly)  being given new values that show their true worth. This change makes the world a fairer place and makes sure that countries that were once ignored are now on the same level as the world’s financial powers. The Prosperity Fund is a huge, pre-secured pool of money that will be used to pay for humanitarian missions, rebuild infrastructure that was damaged in war, and redistribute wealth around the world. Schools, hospitals, and clean water systems are no longer just dreams for the farthest corners of the Earth. They are fully funded realities, with the signatures of 209 independent states behind them.

This isn’t just about money. It’s about fairness. The “Share the Wealth” program makes sure that everyone benefits directly from this change. No country is left out. No one is left out. This plan includes the Stellar Network, which gives billions of people who have been denied access to banking. Now, remote villages, rural settlements, and forgotten communities are all connected to the world’s most advanced financial infrastructure, which is safe from hacking and other forms of manipulation.

The main thing that has changed is military precision. The revaluation (RV) process is(allegedly)  not being left to chance. Allied military units have been sent around the world to protect data centers, currency exchanges, and the safe distribution of new value systems. These operations include simulations, cyber-defense protocols, and working with other countries’ treasuries to make sure everything is clear and there is no fraud. The goal is clear: keep the transition going smoothly, avoid a crash, and safely lead the world into a new financial reality.

The outcome is a financial order that comes after the cabal. A world where a country’s worth isn’t based on who owns its debt, but on its people, resources, and goals. The Dinar’s new value will help Iraq grow. Vietnam’s newly balanced Dong will make it an economic leader in Asia. Zimbabwe is ready to grow its agricultural and mineral wealth now that the ZIM has been restored and inflation and globalist sabotage are no longer a problem. These aren’t guesses. These are actions that are already happening, signed, sealed, and now happening with military help.

This isn’t the future. This is the present. A treaty has(allegedly)  been signed. A plan is being put into action. The big change in finance is real, and it belongs to the people. Each person. Each soul. The system that used to enslave the world with debt and inequality is being replaced by one based on honesty, fairness, and plenty. Have faith in the plan. The revaluation is more than just a currency event. It’s a wake-up call for the whole world.

~~~~~~~~~~~

Tues. 24 June 2025 Bruce:

On Mon. 23 June the rate on the Riel was over $3.

On Tues. 24 June Redemption Center screens showed 9 new rates as solid, with 15 more to go.

A Source said that on Thurs. 26 June “we would be smiling.” Several sources said in another couple of days we would be getting notification. Another source said we would be notified late Thursday 26 June.

As of Tues. evening 24 June Bond Holders were flying into Reno and say they will have access to their funds on Thurs. or Friday.

Redemption Centers have higher rates than if you exchange at a bank.

The Contract Rate on the Iraqi Dinar was in the mid $90.

NESARA should be announced and started by Fri. July 4.

Read full post here:   https://dinarchronicles.com/2025/06/26/restored-republic-via-a-gcr-update-as-of-june-26-2025/

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

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Mnt Goat  I was told this situation [with Iran] needs to be resolved in one of two ways or a bit of both:  1.  change the regime in Iran  2.  institute banking reforms to cut off the dollars from Iran (already seen this action mostly implemented)...I am told the U.S. absolutely WILL NOT allow the reinstatement of the dinar while this Iranian situation continues. Let’s only pray this ends soon.

Militia Man  A lot of turmoil and it's been going on for...a couple years...The Middle East is very volatile...but...even during the turmoil you're seeing Iraq has been stable and staying out of the conflict which is really good...Even though this tension has been going for weeks Iraq has still maintained that she's opening for business...stable... has all the components for her economy to keep moving forward.  That still holds true today...

FRANK26....6-25-25.....DIGITAL

https://www.youtube.com/watch?v=IJ1D-yGAaq0

IQD Included in Global Analysis Reports Currency Report

Edu Matrix:  6-25-2025

Explore the rising prominence of the Iraqi Dinar in today’s complex global currency landscape.

This detailed report examines Iraq’s strategic moves—like de-dollarization, banking reforms, and closer ties with China, Russia, and Iran—that are reshaping the Dinar’s role in long-term investment forecasts.

 As geopolitical tensions escalate, discover why gold and cryptocurrencies like Bitcoin are becoming essential safe-haven assets for savvy investors. Plus, learn why stable currencies such as the Swiss Franc and Japanese Yen remain strong choices, while emerging market currencies like the Vietnamese Dong and Iraqi Dinar attract long-term interest.

https://www.youtube.com/watch?v=VpWx3Nr_UNg

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MarkZ, Chats and Rumors Dinar Recaps 20 MarkZ, Chats and Rumors Dinar Recaps 20

Thursday Coffee with MarkZ. 06/26/2025

Thursday Coffee with MarkZ. 06/26/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning one and all.

Member: The song lyrics "What Are We Waiting For" has played in my head these last few days

Thursday Coffee with MarkZ. 06/26/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning one and all.

Member: The song lyrics "What Are We Waiting For" has played in my head these last few days

Member: Welcome home Mark- Any good RV or bond news today?

MZ: I have 2 bond contacts that I know personally and another that say they have been issued “traveling dollars” . They were told weeks ago to be prepared to travel as soon as they received those funds. They had been waiting for those funds and just received them…so for me….this is a good sign. I wish I knew what it meant for timing.

MZ: One of those sources started traveling today to get to their exchange location.

Member: Any news from bonds in Reno?

MZ: I do not have any news on bonds from Reno. Most of the bond news right now is coming from Europe, Asia and South America.

Member: will the war with Iran affect the RV?

MZ: I was told this war would affect the RV positively and it is now “off stuck”

Member: "The Prime Minister directs the acceleration of financing and disbursement of investment project dues." - (Not @ $1310!)

MZ: “ Sudanese advisor: The ceasefire agreement was a temporary relief for oil markets” oil prices right now are in the mid to upper 60’s. that’s what is needed for the Iraqi budget. The biggest markets in the world believe peace is holding in the middle east.

MZ: “Iraq faces a “Golden opportunity” after regional calm: Does he invest it?” this lays out all that Iraq stands to gain after this cease fire and peace in the region…... They mention this leads to “stability in the dinar rate” and that all they could gain with “enhancing exchange rates”

MZ: My contacts in Iraq told me the new legislative session happens in July and that there will be a new value on the dinar before that session starts. That is their expectation and fits with the other chatter we are hearing from the bond side and currency side.

MZ: Most of the chatter is for around July 1st…..we will see.

Member: July 1st is the deadline for all the banks worldwide to use Basel 3 laws. Maybe that is significant for the RV?

Member: And Iso2022 laws take affect around July 14th?   Big month for bank changes.

Member: Will you still post the 1-800. numbers for redemption centers?

Member: Mark said often that he will post everything he is allowed to post for us. So will all the dinar sites and other gurus……we won’t miss it.

Member: Friday is Islamic New Year. It's also on Friday, so there are no additional days off. Sunday, back to work.

Member: Praying they release RV by July 4th

Member: An RV for the 4th would be glorious and perfect time to enjoy fireworks

Member:  Happy Birthday to those celebrating and prayers for those in need

Member: Stay positive and stay safe……enjoy your day RV friends.

StacieZ joins the stream today. Please listen to the replay for her information

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL  TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=FSZXVFFqq-4

 

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Iraq Economic News and Points To Ponder Thursday Morning  6-26-25

With The Stability Trilogy, Monetary Policy Tames Inflation And Protects Citizens' Pockets.

Time: 2025/06/25 10:54:42 Reading: 795 times   {Economic: Al Furat News} The Prime Minister's financial advisor, Mazhar Muhammad Salih, confirmed that the monetary policy, whose objectives under the Iraqi Central Bank Law No. 56 of 2004 include reducing the growth in inflation rates to a stable path.

Speaking to Al Furat News Agency, he pointed out that "this policy was able to control demand levels and additional spending power in the economy, by sterilizing local liquidity by providing foreign currency at a stable official exchange rate for the dinar not exceeding 1,320 dinars per dollar, and on a scale that led to weakening the effects of the parallel market and reducing it to financing the country's foreign trade."

With The Stability Trilogy, Monetary Policy Tames Inflation And Protects Citizens' Pockets.

Time: 2025/06/25 10:54:42 Reading: 795 times   {Economic: Al Furat News} The Prime Minister's financial advisor, Mazhar Muhammad Salih, confirmed that the monetary policy, whose objectives under the Iraqi Central Bank Law No. 56 of 2004 include reducing the growth in inflation rates to a stable path.

Speaking to Al Furat News Agency, he pointed out that "this policy was able to control demand levels and additional spending power in the economy, by sterilizing local liquidity by providing foreign currency at a stable official exchange rate for the dinar not exceeding 1,320 dinars per dollar, and on a scale that led to weakening the effects of the parallel market and reducing it to financing the country's foreign trade."

Saleh explained that "this came as a result of the cancellation of the foreign currency window at the beginning of this year and the adoption of the principle of foreign exchange bolstering to finance the country's foreign trade, praising the successes of this shift in terms of financing speed and compliance."

He added, "The success of the price defense policy adopted by the trade policy contributed to the remarkable spread of central markets in cooperation with the private sector, which reflected in the price moderation of these market components in a competitive manner, ensuring the stability of essential goods for citizens and others."

He explained that "the three policies, in combination, have had a positive impact on economic policy in promoting stability in citizens' cash income, with remarkable success over the past two years, as annual inflation growth did not exceed 3%, which is within the normal acceptable range for estimating annual price base growth in the country."  LINK

Al-Araji Confirms To A US Official That The Iraqi Government Believes In Dialogue And Diplomacy To Resolve Outstanding Issues

Politics Number of reads: 266  Baghdad / NINA / National Security Adviser, Qasim Al-Araji, received on Wednesday the US Chargé d'Affaires in Baghdad, Stephen Fagin.

During the meeting, according to a statement by the advisory, they reviewed the regional situation and developments and welcomed the recent calm in the region.

Fagin praised the role of the Iraqi government and the measures taken by the security services to protect embassies and diplomatic missions, appreciating the role of the Iraqi security services and their high professionalism.

Fagin also praised the role of the Iraqi government in repatriating its citizens from Al-Hawl camp and rehabilitating them despite the circumstances the region is going through.

For his part, Al-Araji stressed that the Iraqi government believes in dialogue and resolving outstanding problems through dialogue and diplomacy, expressing the Iraqi government's welcome to the ceasefire, to restore stability to the region and the world.

Al-Araji pointed out that Iraq has good and balanced relations with all countries and has commonalities with neighboring countries, expressing his hope for establishing peace, stopping the war and lifting the siege on Gaza. /End  https://ninanews.com/Website/News/Details?Key=1237454

Central Bank Of Iraq: Foreign Exchange Reserves Sufficient To Cover 13 Months Of Imports

Money and Business  The Central Bank revealed on Wednesday that Iraq's foreign currency reserves are sufficient to cover 13 months of imports.

The bank said in a report that "import coverage is often viewed as a measure of the number of months that imports could be sustained if all foreign currency inflows were to cease," noting that "the global standard used is for reserves to cover all imports for six months."

He added, "The ratio of foreign reserves to imports has decreased from 16 months at the beginning of 2024 to 13 months at the beginning of 2025," indicating that "despite the decrease in the ratio, Iraq's reserves will still cover imports for 13 months if Iraq does not receive foreign currency revenues." https://economy-news.net/content.php?id=56631

With The Stock Exchange Closed, A New Price For The Dollar Was Announced In Baghdad And Erbil.

Stock Exchange  The US dollar exchange rate fell against the Iraqi dinar on Wednesday in Baghdad and Erbil as the stock exchange closed.

Exchange rates in Baghdad:  Selling rate: 142,250 dinars per $100.  Buying rate: 140,250 dinars per $100.

Exchange rates in Erbil:  Selling price: 141,000 dinars per $100.  Buying price: 140,950 dinars per $100.
https://economy-news.net/content.php?id=56637

After The Iran-Israel War, Global Oil Prices Recover

Economy | - 06/25/2025  Mawazine News - Oil prices rose on Wednesday as the ceasefire between Iran and Israel was assessed to be holding, but remained near multi-week lows amid prospects of uninterrupted crude flows.

Brent crude futures rose 85 cents, or 1.3 percent, to $67.99 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 87 cents, or 1.4 percent, to $65.24.

Brent and WTI settled on Tuesday at their lowest levels since June 10 and June 5, respectively, before Israel launched a surprise attack on key Iranian military and nuclear facilities on June 13.

Oil prices lost about $4 per barrel on Tuesday as the ceasefire between the two sides was announced. Overall, oil prices have lost $10 per barrel over the past two days. https://www.mawazin.net/Details.aspx?jimare=263050

Gold Prices Fall In Baghdad Markets And Stabilize In Erbil

Economic Number of readings: 136  Baghdad / NINA / The prices of foreign and Iraqi gold decreased on Wednesday in the local markets of the capital, Baghdad, and stabilized in Erbil.

The selling prices of gold, in the wholesale markets on Al-Naher Street in the capital, Baghdad, this morning, for one Mithqal of 21 karat Gulf, Turkish and European gold, were recorded at 660 thousand dinars, and the purchase price was 656 dinars.

The selling price of one Mithqal of 21 karat Iraqi gold was recorded at 630 thousand dinars, and the purchase price was 626 thousand.

As for the prices of gold in goldsmiths, the selling price of one Mithqal of 21 karat Gulf gold ranges between 660 thousand and 670 thousand, and the selling price of one Mithqal of Iraqi gold is between 630 thousand and 640 thousand dinars.

As for gold prices in Erbil, they recorded stability, as 22 karat gold was sold for 690 thousand dinars, 21 karat gold was sold for 660 thousand dinars, and 18 karat gold was sold for 565 thousand dinars. / End
https://ninanews.com/Website/News/Details?key=1237467

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Seeds of Wisdom RV and Economic Updates Thursday Morning 6-26-25

Good Morning Dinar Recaps,

U.S. Regulator Orders Fannie Mae, Freddie Mac to Consider Crypto in Mortgage Risk Assessments
By Cointelegraph | June 2025

In a major development for crypto adoption in real estate, the Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to begin evaluating cryptocurrency as an asset class in their single-family mortgage loan risk assessments.

Good Morning Dinar Recaps,

U.S. Regulator Orders Fannie Mae, Freddie Mac to Consider Crypto in Mortgage Risk Assessments
By Cointelegraph | June 2025

In a major development for crypto adoption in real estate, the Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to begin evaluating cryptocurrency as an asset class in their single-family mortgage loan risk assessments.

Crypto Assets May Soon Count Toward Mortgage Applications

FHFA Director William J. Pulte issued the directive in a formal letter this week, stating the government-sponsored enterprises (GSEs) must:

“Prepare a proposal for consideration of cryptocurrency as an asset for reserves in their respective single-family mortgage loan risk assessments, without conversion of said cryptocurrency to U.S. dollars.

This marks the first time U.S. housing authorities have opened the door to counting crypto holdings as qualifying assets for mortgage applications, a move that could reshape risk models and eligibility standards for millions of Americans.

Eligibility Limited to Regulated Crypto Holdings

The guidance includes a critical restriction:
Only cryptocurrencies that are:

▪️ Evidenced and stored on U.S.-regulated centralized exchanges
▪️ Subject to all applicable federal laws and compliance standards

will be considered under the new proposal.

This standard excludes unhosted wallets and decentralized platforms, underscoring regulators’ desire for traceability and compliance within the financial system.

Aligns With Trump Administration’s Pro-Crypto Agenda

Director Pulte noted that the shift toward crypto inclusion follows “significant studying” by the agency and aligns with Donald Trump’s stated goal of making the U.S. the “crypto capital of the world.”

The FHFA has been overseeing Fannie Mae and Freddie Mac since both were placed into conservatorship following the 2008 financial crisis. These institutions have since played a central role in stabilizing the mortgage market by buying loans from private lenders, which frees up capital for more lending.

Part of a Broader Crypto Integration Trend

This development is just the latest sign of crypto gaining traction in traditional finance. Recent headlines include:

▪️ JPMorgan’s plans to let select wealth clients use Bitcoin ETFs as collateral
▪️ Circle’s USDC stablecoin being approved as eligible collateral for futures trading starting next year
▪️ Crypto-backed mortgages becoming more common, with firms like Ledn enabling clients to leverage Bitcoin and Ether to purchase real estate without liquidating holdings

“Many Bitcoin holders have already used their digital assets as collateral to purchase property,” said Mauricio Di Bartolomeo, co-founder of Ledn.

Bottom Line:

The FHFA’s crypto guidance for Fannie Mae and Freddie Mac marks a pivotal turning point. If implemented, it could allow crypto-savvy borrowers to leverage their digital assets directly for homeownershipwithout having to convert to cash—a key win for holders, and another step toward mainstream crypto integration.

Let me know if you'd like a shortened Telegram version or a mobile-friendly newsletter layout.

@ Newshounds News™
Source:  
Cointelegraph

~~~~~~~~~

Russia Declares Digital Ruble Mandatory for Major Banks and Retailers
By The Coin Tribune | June 2025

Russia is no longer testing its central bank digital currency (CBDC)—it is mandating it. In a sweeping shift, Moscow has ordered that the digital ruble become a compulsory component of its financial and commercial infrastructure, marking a new era of centralized monetary control and programmable currency.

Key Directives:

▪️ By September 1, 2026, all major Russian banks and retailers generating over 120 million rubles (~$1.9 million USD) must support digital ruble payments.
▪️ Full implementation by 2028, eventually reaching nearly all businesses.
▪️ Goal: Strengthen state control over domestic financial flows and reduce reliance on foreign payment systems.

From Pilot to Policy: A Tectonic Monetary Shift

What began as a controlled experiment is now a national directive. The Bank of Russia has released a structured rollout plan:

  • 2026: Largest banks and high-revenue retailers begin integration.

  • 2027: Obligations expand to all licensed banks and businesses with revenue above 30 million rubles.

  • 2028: Mandatory use reaches nearly the entire commercial sector, excluding only very small enterprises.

Russia’s plan to shift its entire economic infrastructure toward the digital ruble reflects not just a technical evolution, but a political statement. The digital currency is not merely a payment tool—it’s a state-controlled, programmable financial system that could track, restrict, or block transactions in real time.

“The obligation is clear, calibrated, progressive, and relentless.”

A Tool of Power—Not Just Progress

This move is as ideological as it is economic. In the face of Western sanctions, Moscow sees the digital ruble as a pathway to financial sovereignty and geopolitical insulation. But critics warn it comes at a steep cost:

▪️ Unlike decentralized cryptocurrencies like Bitcoin, the digital ruble is traceable, programmable, and blockable.
▪️ It offers the state unprecedented control over private financial behavior.
▪️ Universal QR codes issued by Russia’s National Payment Card System will serve as the primary interface for consumers and merchants.

Though officials cite efficiency and modernization, the real power lies in surveillance and regulation—a far cry from the decentralization ethos of blockchain technology.

Delayed Launch, Strategic Calculations

Originally scheduled for July 2025, the launch has been postponed to mid-2026, not only due to technical adjustments but to manage institutional resistance and political friction. The central bank is walking a fine line between ensuring adoption and avoiding systemic disruption.

Bottom Line:

Russia is embarking on one of the world’s most ambitious national CBDC rollouts—not by suggestion, but by decree. This isn't just about embracing digital currency; it's about building a monetary firewall, one that empowers the state and potentially restricts individual freedom.

As the digital ruble becomes mandatory, Russia is redefining the role of money in society—and raising questions globally about the future of financial autonomy in an era of programmable currency.

@ Newshounds News™
Source:  
Cointribune

~~~~~~~~~

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MilitiaMan & Crew:  Iraq Dinar News Update-Monetary Policy-Private Sector-World Bank

MilitiaMan & Crew:  Iraq Dinar News Update-Monetary Policy-Private Sector-World Bank-

6-25-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

MilitiaMan & Crew:  Iraq Dinar News Update-Monetary Policy-Private Sector-World Bank-

6-25-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=djQJGRRf6Q0

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“Tidbits From TNT” Thursday Morning 6-26-2025

TNT:

Tishwash:  Central Bank: Iraq's foreign exchange reserves are sufficient to cover 13 months of imports.

 The Central Bank revealed on Wednesday that Iraq's foreign currency reserves are sufficient to cover 13 months of imports.

The bank said in a report seen by Shafaq News Agency that "import coverage is often viewed as a measure of the number of months that imports could be sustained if all foreign currency inflows were to cease," noting that "the global standard used is for reserves to cover all imports for a period of six months."

TNT:

Tishwash:  Central Bank: Iraq's foreign exchange reserves are sufficient to cover 13 months of imports.

 The Central Bank revealed on Wednesday that Iraq's foreign currency reserves are sufficient to cover 13 months of imports.

The bank said in a report seen by Shafaq News Agency that "import coverage is often viewed as a measure of the number of months that imports could be sustained if all foreign currency inflows were to cease," noting that "the global standard used is for reserves to cover all imports for a period of six months."

He added, "The ratio of foreign reserves to imports has decreased from 16 months at the beginning of 2024 to 13 months at the beginning of 2025," indicating that "despite the decrease in the ratio, Iraq's reserves will still cover imports for 13 months if Iraq does not receive foreign currency revenues." link

Tishwash:  Half a year without an actual budget... Where have the government's plans gone

Amid the financial and economic challenges facing the country, the 2025 budget file continues to stir controversy within political and parliamentary circles, amid a state of anticipation and growing public concern.

Despite more than half a year having passed since the start of the fiscal year, the budget schedules remain absent from the halls of Parliament, reflecting a state of government confusion and a lack of seriousness in dealing with one of the country's most important financial and strategic issues. This delay comes at a time when the Iraqi public is witnessing increasing pressure to improve services, implement stalled projects, and meet citizens' basic needs.

 Meanwhile, the ambiguity surrounding the date for submitting the schedules is paralyzing the legislative and oversight process concerned with setting priorities and ensuring the fair and efficient distribution of resources.

* Violation of laws
and regarding this issue, member of the Parliamentary Finance Committee, Hussein Mounes, confirmed that the government is still not serious about sending the budget tables to the House of Representatives. 

In an interview with Al-Maalouma News Agency, Mounes said, “The government violated the Financial Management Law by delaying the submission of the 2025 general budget schedules, considering this a disregard for the role of the House of Representatives and its oversight and legislative work.”

He added, "The Iraqi government is not serious about sending the tables to the House of Representatives, expressing his surprise at the government's failure to send the budget law tables to the House, despite six months having passed since the start of the fiscal year."  link

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

Tishwash:  Masrour Barzani: Baghdad will send a delegation to the Kurdistan Region to resolve the salary issue.

Kurdistan Regional Government Prime Minister Masrour Barzani announced on Wednesday that the crisis of halting funding for salaries of public sector employees in the region is on its way to being resolved, and that he had communicated with the Chief Justice of the Supreme Judicial Council, Faiq Zidan, and Prime Minister Mohammed Shia al-Sudani in this regard.

This came during a press conference held today in Erbil, where Masrour Barzani addressed the conflict in the region, saying, "The announcement of a ceasefire between Israel and Iran is in the interest of all countries in the region, and we hope it will be a step toward restoring peace and stability throughout the region."

He added, "We in the Kurdistan Region have done our best to stay out of this war and chaos, and we must express our gratitude to Prime Minister Mohammed Shia al-Sudani, who has sought to spare Iraq from entering this conflict."

Regarding the issue of salaries, the Prime Minister of the Kurdistan Region stated, "For the past two months, the salaries of Kurdistan Region employees have not been paid legally, which is considered an unconstitutional measure. We believe it is unacceptable to link the salaries of Kurdistan Region employees to any political dispute or conflict."

He stressed that "we will not give up any constitutional right of the people of the Kurdistan Region in any way, and we will continue to defend it," adding that "during the past period, there was not a day when we were not busy searching for a solution to this crisis."

Masrour Barzani continued, "We have been in contact with officials. Yesterday, I spoke with the head of the Supreme Judicial Council and the prime minister, and I assured them that we are keen to move towards resolving this crisis. They welcomed this and announced their readiness to send a delegation within the next two days to address the salary issue."

The Prime Minister of the Kurdistan Regional Government spoke about the suspension of Kurdistan's oil exports, saying that because of this, "the Iraqi economy and the Kurdistan Region's economy have incurred losses exceeding $25 billion, and to date, the federal government has not compensated the citizens of the Kurdistan Region for these losses."

He stressed that "to resume Kurdistan's oil exports, an agreement must be reached with all parties, especially with the oil companies operating in the region, which are demanding guarantees for extraction costs."

Masrour Barzani continued, "We were waiting for a ruling from the Federal Supreme Court in Iraq that would benefit the salaries of Kurdistan Region employees, but the court was dissolved with the resignation of a number of members. Now we are pinning our hopes on the Supreme Judicial Council in Iraq to resolve the salaries issue."

The KRG Prime Minister continued, "If an agreement is not reached with the Iraqi government to resolve the salary issue, we will resort to internal revenues, reducing expenses, or any other means possible to secure the financial rights owed to the people of the Kurdistan Region, according to our capabilities." He added, "However, I am optimistic about reaching a radical solution with the federal government on this matter."  link

**

Mot: . Today!! -- ole ""Mot"" will Advise on Handling ""Stress""

 

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Iraq Economic News and Points To Ponder Wednesday Afternoon  6-25-25

The IMF Mission Commends The Central Bank Of Iraq.
 
June 25, 2025   The International Monetary Fund (IMF) mission, led by Jean-Guillaume Poulain, which   met with the Central Bank of Iraq (CBI) from May 4 to 13, 2025,  commended the CBI's work in several areas. It confirmed that the CBI has made progress in absorbing excess liquidity by  increasing the issuance of short-term debt instruments  (CBI drafts and  Islamic certificates of deposit),   adjusting subscription limits for banks in CBI auctions, and   improving liquidity forecasting tools and practices.

The statement issued by the International Monetary Fund stated that the mission commended the efforts of the Central Bank of Iraq to successfully transition to the new trade finance system, indicating that commercial banks now process trade finance transactions entirely through their relationships with correspondent banks.

The IMF Mission Commends The Central Bank Of Iraq.
 
June 25, 2025   The International Monetary Fund (IMF) mission, led by Jean-Guillaume Poulain, which   met with the Central Bank of Iraq (CBI) from May 4 to 13, 2025, commended the CBI's work in several areas. It confirmed that the CBI has made progress in absorbing excess liquidity by  increasing the issuance of short-term debt instruments  (CBI drafts and  Islamic certificates of deposit), adjusting subscription limits for banks in CBI auctions, and  improving liquidity forecasting tools and practices.

The statement issued by the International Monetary Fund stated that the mission commended the efforts of the Central Bank of Iraq to successfully transition to the new trade finance system, indicating that commercial banks now process trade finance transactions entirely through their relationships with correspondent banks.

The Central Bank of Iraq has achieved significant progress by transitioning to the new system for financing foreign trade through correspondent banking channels,  instead of relying on the daily dollar auction.
 
This development has contributed to enhancing banks' compliance with international transparency requirements, such as
     OFAC regulations and others, and  improving their relationships with global correspondent banks.
 
This step has resulted in
     narrowing the gap between the official dollar price and its parallel price, indicating relative success in
     curbing illegal speculation and
     reducing currency leakage.
 
The foreign exchange management methodology has become more effective compared to the past,
especially with the  Central Bank of Iraq continuing to take complementary measures, such as requiring traders to submit genuine import invoices and  simplifying procedures for obtaining hard currency for legitimate importers.
 
In parallel, the mission welcomed the   progress made in the use of digital technology and the  Iraqi authorities' intention to implement a comprehensive reform of the banking sector, calling for its completion to be accelerated without delay.
 
The Iraqi government,   with technical support from the International Monetary Fund and other international bodies, has begun implementing initial steps to reform government banks, including
          auditing the quality of assets,
          estimating the size of non-performing loans, and
          developing a draft plan to restructure the two largest government banks (Rafidain and Rashid) financially and administratively.
 
The Iraqi financial sector has also witnessed an  increasing trend towards digitization and the adoption of modern financial technology, whether in   electronic payment services or the launch of   banking platforms via the Internet and mobile phones. 

The International Monetary Fund believes that these
     technical improvements, along with
     steps to enhance cybersecurity in banks,
     promote financial inclusion,
     expand private banking activity, and
     restructure government banks,
 
will
     enhance the efficiency of financial services and
     increase foreign correspondents' confidence in the Iraqi banking sector.

The report also noted the
     expansion of private banks' activity in trade finance and small business financing, with expectations of
     further increases if obstacles are removed.
 
Initiatives to
     enhance financial inclusion,
     modernize electronic payment systems, and
     reduce reliance on cash in the economy
are also crucial to strengthening banking depth.
 
The Central Bank of Iraq launched a national financial inclusion strategy during the first half of 2025.
 
The report also included important recommendations to  enhance financial stability and  facilitate the transfer of monetary policy effects to the real sector, including:   reducing the phenomenon of dollarization, in which Iraq has made significant progress over the past two years;
 
     the importance of accelerating the completion of the
          comprehensive restructuring plan for banks to enhance their solvency; the importance of
          strengthening corporate governance for banks,
          developing digital infrastructure and cybersecurity for the financial sector;
          strengthening the role of private banks in financing economic development; and
          continuing to improve anti-money laundering and counter-terrorism financing procedures.
 
It is also important for the Central Bank of Iraq to continue increasing the issuance of short-term securities to ensure better management of excess liquidity. Central Bank of Iraq  Media Office  https://cbi.iq/news/view/2916   

The Central Bank Sponsors The Launch Of The Al-Fursan Entrepreneurship Program.
 
June 25, 2025  The Central Bank of Iraq hosted a celebration announcing the launch of the "Fursan" program, an Iraqi-inspired initiative under the direct sponsorship of His Excellency the Governor of the Central Bank of Iraq.
 
The program serves as a realistic investment program for entrepreneurs, aiming to   create real opportunities for youth and  enhance the role of the private sector in developing the national economy.

In his speech at the ceremony, His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, emphasized that the Central Bank of Iraq has prioritized supporting projects related to the youth segment, which contributes to the local economy with products and services that contribute to raising the gross domestic product, ensuring an effective role in this regard.
 
In light of the recent reforms, the Iraqi banking sector can also focus on supporting income-generating small and medium-sized enterprises that directly support the private sector.
 
The "Fursan" program helps participants  access investment opportunities and     obtain soft loans for those who qualify.  The program also provides a safety net that ensures the  continuity of promising projects and   prevents their failure.
 
These projects serve as incentives for innovative youth and   create new job opportunities
that contribute to sustainable economic and social development in Iraq.
 
A group of young people presented their projects,  highlighting the products they offer and their assessment of market demand and available potential, with the hope that other entrepreneurs will join them in the future. Central Bank of Iraq  Media Office  June 25, 2025  https://cbi.iq/news/view/2917  

An Economist Points To A Decline In Liquidity And The Loss Of Thousands Of Jobs In Iraq. 
  
Economy     2025-06-25 |Source: Alsumaria News     3,726 views   Alsumaria News - Economist Ahmed Abdul Rabbah revealed on Wednesday the reasons behind the ban on a number of local Iraqi banks from receiving foreign transfers. He emphasized that the continued ban on 32 Iraqi banks from dealing in dollars not only   leads to a decline in liquidity but also  threatens the loss of thousands of jobs at these banks.
 
Ahmed Abdul Rabbo told Sumaria News that the  banks operating in the country that handle remittances are Iraqi in terms of registration and establishment, but some of these banks hold majority ownership stakes in foreign investors,  which gives them advantages over local banks.
 
The economic expert attributes the deprivation of a number of local banks from foreign transfers to
     their lack of banking relationships with global correspondent banks such as JP Morgan and Citibank,
     unlike banks owned by foreign investors, which maintain extensive correspondent banking networks. 

He pointed out that those banks in which foreigners hold significant stakes continue to dominate the remittance sector,  benefiting from their global network of relationships.  He explained,
 
"I find it essential for the Central Bank of Iraq to diversify the basket of currencies used in emittances by adopting alternative currencies such as the  Emirati dirham, the Chinese yuan, and the  euro.
 
I also call on the Central Bank to   guarantee a number of Iraqi banks that adhere to international standards, in order to   facilitate the opening of accounts for them with international banks    such as Citibank and JPMorgan." 

He added that the  US sanctions imposed on 32 Iraqi banks remain, in his view, unjust and illogical, as they      disrupt the structure of the banking system,     negatively impact opportunities for competition and growth,     limit the liquidity of these banks, and     leave them vulnerable to bankruptcy

The continued ban on dollar transactions for 32 Iraqi banks not only  leads to a decline in liquidity, according to the expert, but also  threatens the loss of thousands of jobs at these banks, whether they have been closed or restricted in their operations. It also   deepens the crisis of confidence in these banks as intermediary institutions.
 
This situation has forced many companies and individuals to deal only with "dominant" banks, reducing the opportunities for local banks in the market.
 
The economic expert noted that  if
     reform efforts continue and   international standards are fairly applied,we may witness a real   decline in the role of the black market and a  gradual return of committed local banks to competition on a more equitable basis.    
  
https://www.alsumaria.tv/news/economy/531261/اقتصادي-يؤشر-أمرًا-يؤدي-إلى-انخفاض-السيولة-وفقدان-آلاف-الوظائف-في-العر  

 

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