Stablecoins are the Bridge to the New Financial System

Stablecoins are the Bridge to the New Financial System

Wealthion:   7-10-2025

In a recent and truly eye-opening discussion on Wealthion, Chris Perkins, Managing Partner and President of CoinFund, joined forces with macro thinker and founder of Visserlabs, Jordi Visser, to dissect the profound and imminent impacts of AI and crypto on the global economy and investment landscape.

Their conversation wasn’t just about market trends; it was a blueprint for a coming financial and societal revolution.

Jordi Visser laid out a series of audacious predictions, arguing that we are on the cusp of a significant societal and financial shift. His core contention: traditional business cycles are dead, the Fortune 500 as we know it will cease to exist, and Stablecoins are the indispensable bridge to the future.

Visser paints a vivid picture of a world where economic assumptions are fundamentally challenged.

He posits that the familiar rhythm of business cycles, with their predictable booms and busts, is drawing to an end. This isn’t just another downturn; it’s a structural transformation where new paradigms of value creation and destruction will dictate economic flow.

A provocatively bold statement from Visser is his belief that the Fortune 500 will not exist in the 2030s. This isn’t hyperbole, but a sober assessment of how rapidly AI and other disruptive technologies will erode the competitive advantages of established giants.

AI, he argues, will be a merciless force, destroying large, entrenched businesses that fail to adapt. In this new landscape, Visser even suggested a “new party” forming, citing Elon Musk in a broader context, hinting at a political and financial revolution driven by these technological shifts.

Central to Visser’s vision is the role of Stablecoins. He sees them not merely as a niche crypto asset but as a critical linchpin for the future of global finance.

Thanks to pending legislation like the “Genius Act” and the “Clarity Act,” Visser believes investors and financial institutions will increasingly view Stablecoins as the essential bridge between traditional and digital investing.

Crucially, these acts could solidify the U.S. Dollar’s position as the global reserve currency forever, by extending its reach and functionality through a compliant stablecoin infrastructure. Beyond institutional adoption, Stablecoins offer a vital, accessible money alternative for people in countries plagued by volatile local currencies, providing financial stability and a pathway to the digital economy.

The future, as Visser sees it, is a seamless flow from Stablecoin to DeFi to AI, fundamentally impacting developing nations and global foreign exchange (FX) markets, which he identified as “The Next Big Thing.”

The discussion also highlighted a potentially game-changing innovation: Robinhood’s breakthrough act to take private equity public through tokenization.

 This “Robin Hood-like move” could revolutionize access to investment opportunities previously reserved for institutional or accredited investors. By tokenizing private equity, companies could bypass traditional, cumbersome IPO processes, democratizing wealth creation and offering a new liquidity paradigm.

 This represents “The Next Investing Revolution,” opening up a vast new frontier for investors.

While AI is predicted to decimate many established businesses, the panelists also discussed the future of other cryptocurrencies. Visser sees a huge upside coming for Ethereum.

 This potential boom is linked to the emergence of “treasury companies” and institutional adoption, highlighted by ventures like Tom Lee’s new ETH Treasury Company, Bitmine. As more businesses and financial entities explore the benefits of blockchain technology, Ethereum’s ecosystem is poised for significant growth.

However, in this disruptive landscape, Visser believes Bitcoin will ultimately be the “only game in town” when it comes to a truly decentralized, unassailable store of value, particularly as AI’s destructive power reshapes traditional industries.

The discussion on Wealthion with Chris Perkins and Jordi Visser was more than just a market outlook; it was a profound contemplation of a world being rapidly reshaped by technological forces.

From the demise of traditional business cycles and the Fortune 500 to the rise of stablecoins as a global bridge and the tokenization of private equity, the insights offer a compelling, albeit challenging, vision of the future. Investors, institutions, and individuals alike must now grapple with these seismic shifts to navigate and thrive in the economy of tomorrow.

https://youtu.be/pfPOqI--sKc

Iraq Economic News and Points To Ponder Thursday Afternoon 7-10-25

The National Bank's Controversial Monopoly On Remittances: Profits For Jordan, While Iraqi Banks Are Excluded From The Scene.
 
Economy     2025-07-10 | 1,256 views  Alsumaria News – Economic    The issue of foreign remittances in Iraq has sparked widespread controversy in banking and economic circles,  due to what experts describe as an "unprecedented monopoly" of money transfer operations by the National Bank of Iraq (NBI), which has prevented other Iraqi banks from entering the market.

This has, according to observers, deprived the country of significant financial resources and diverted remittance profits to the Jordanian budget, given that the bank is owned by Jordanian individuals.
 
Monopoly In The Remittance Market 
 
experts confirmed Banking to Sumaria News that "the National Bank, with the support of influential parties, has obtained near-exclusive control over foreign remittances from Iraq to other countries,  while the operations of a number of other private Iraqi banks have been restricted and prevented from accessing the electronic remittance platform,  which is managed under the supervision of the Central Bank.

"  They added that "the current situation does not reflect a healthy, competitive economy, but rather resembles a policy of systematic exclusion of some banks in favor of just one bank," warning that "this monopoly opens the door wide to corruption and strikes at the core of the principle of transparency."
 
Profits From Remittances Outside Iraq 
 
In a significant development, informed banking sector sources revealed that "the profits earned by the National Bank from foreign remittance commissions are not recycled within Iraq.

Rather, a large percentage is transferred to Jordan, where they are added to the budgets of the parent companies that own the bank.  This drains hard currency and harms the national economy."
 
A former government financial advisor confirmed to Sumaria News that "what is happening today amounts to a systematic transfer of hard currency from Iraq abroad, through seemingly legal means,  but suspicious in terms of their sovereign and economic impact." He added that  "Iraq is losing huge sums of dollars daily due to these policies."
 
Marginalization Of Iraqi Banks
 
Economists called for an urgent investigation into the remittance mechanism, specifically the reasons why reputable Iraqi banks are being prevented from directly dealing with this issue, despite their possession of the necessary technical infrastructure and expertise.
 
A source at one of the excluded Iraqi banks told Sumaria News,  "The Central Bank does not explain the reasons, and requests from private banks are repeatedly ignored."
 
He asserted that the matter has gone beyond mere competition to become a systematic strangulation of national institutions.

Demands For A Parliamentary Investigation  
 
For its part, the Parliamentary Finance Committee called for "a comprehensive parliamentary investigation into this matter,"  urging the government to "intervene urgently to halt this financial hemorrhage that is draining the state treasury."  She stressed "the need for remittance policies to be transparent and serve the Iraqi economy, not the interests of individuals or foreign companies."
 
The Central Bank Is Under Question
 
Despite Sumaria News' attempts to obtain clarification from the Central Bank of Iraq, the relevant authorities declined to comment, raising further questions about the bank's role in managing this sensitive issue and whether there are plans to restructure the remittance system to ensure fairness and competitiveness.
 
The continuation of this situation puts the reputation of the Iraqi banking sector at risk at a time when the state is seeking to bolster confidence in national financial institutions and attract investment.
 
It appears that continuing to monopolize remittances, while transferring their profits abroad,
will not serve Iraq's economic or political interests.
 
This calls for urgent action by regulatory and legislative authorities to restore order and ensure equal opportunities for all banks   https://www.alsumaria.tv/news/economy/532986/احتكار-المصرف-الأهلي-للحوالات-المثير-للجدل-أرباح-للأردن-ومصارف-عراقية 

Monetary Policy In Iraq, Monetary Stability Approach, And Digital Transformation
 
Samir Al-Nusairi   The book 
"Monetary Policy in Iraq, Monetary Stability Methodology, and Digital Transformation 2023-2025" 
by Iraqi economic and banking advisor Samir Al-Nusairi was recently published by the Balit Center for Printing and Publishing in Baghdad.
 
Copies of the book were deposited at the National Library and Archives in Baghdad for the year 2025.
 
This is the author's thirteenth book during his twenty-year career in executive banking and as a consultant to the boards of directors of Iraqi private banks.

This is preceded by an accumulated economic background and experience of thirty years in governmental economic institutions and important participations in local, Arab and international conferences, during which he won dozens of awards and certificates of appreciation and honor.
 
He also published more than 700 specialized articles on economic and banking reform in Iraqi, Arab and international magazines and newspapers, and gave many lectures to Iraqi university students and participated in their annual scientific conferences.
 
In all his published books, the author has been keen to document and archive the
     journey of challenges,
     achievements,
     policies,
     procedures and
     applications of monetary policy of the Central Bank of Iraq, especially for the period (2003-2025).
 
Dr. Governor of the Central Bank, Ali Mohsen Al-Alaq, reviewed the contents of the book and expressed his thanks and appreciation to Al-Nusairi, wishing him success and urging him to give more in serving the Iraqi economy and banking sector.
 
Professor Dr. Khalil Muhammad Hassan Al-Shamaa also evaluated and valued Al-Nusairi's scientific efforts and gave a detailed presentation of the chapters and topics of the book,  including   its  narratives,  proposals and   solutions to the challenges and obstacles to achieving monetary and financial stability, as well as the  achievements of the Central Bank, with government cooperation and support, in the transition from a cash economy to a digital economy during the years (2023-2025).
 
The evaluation praised the book's inclusion of the most important strategies and policies adopted by the Central Bank of Iraq, as it represents a precise scientific journey by Al-Nusairi that focused on economic and monetary developments in Iraq.
 
The new book includes
     five chapters and
     thirty-three sections.
 
All of these chapters emphasize that economic reform begins with banking reform.
 
In the first chapter, he was able to conduct a precise and comprehensive analysis of the
 opportunities,  challenges, and  steps taken by the Central Bank of Iraq to pursue monetary stability, 
while reviewing the foundations of monetary policy for the years (2023-2024), so that he can complete the banking reform process in 2025 in the new book.

The second chapter comprehensively covered electronic payments, linking digital ransformation with the development of electronic payment programs,along with activation projects.
 
It intelligently explored the relationship between current and future payment system development projects, and provided an assessment of the relationship between this effort and
     information assessment,
     cybersecurity, and
     artificial intelligence.
 
In the third chapter, he focused his efforts on the Central Bank of Iraq's third strategy,
 
defining the strategy's objectives and reform methodology, and addressing key issues such as
     regulating foreign trade financing,
     lending strategy,
     foreign reserve management and hedging policies,
     improving investment, and
     sources of monetary policy.
 
In this chapter, Al-Nusairi was able to link the many banking areas and activities addressed by the reform plan.
 
Chapter Four discusses how government support for the banking reform project can be provided,
as well as the International Monetary Fund's support for the reform plan, with a focus on
     international economic relations and the
     government and Central Bank of Iraq's vision for the comprehensive banking reform process.
 
In the fifth chapter, he addresses the causes of  exchange rate fluctuations and  recovery measures, emphasizing the relationship between the exchange rate, the financial and banking reform process, the relationship between the official and parallel dollar exchange rates, government decisions, and strategies for enhancing confidence in the banking sector.

 
Thus, the author was able to expertly compile a synthesis of contemporary topics.
 
At the end of the book's presentation,  we wish Counselor Samir Al-Nassiri continued success in this successful academic journey.  views 725     https://economy-news.net/content.php?id=57142   

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

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 7-10-25

Good Afternoon Dinar Recaps,

Trump Administration Imposes 50% Tariff on Brazilian Imports

In a dramatic escalation of trade tensions, the Trump administration has announced a sweeping 50% tariff on all Brazilian imports, citing political censorship, judicial overreach, and unfair trade practices as justification.  The move, shared via President Trump’s Truth Social account, has been swiftly condemned by Brazilian President Luiz Inácio Lula da Silva, who promised reciprocal action under Brazil’s Economic Reciprocity Law.

Tariffs Justified by Bolsonaro’s Treatment and Social Media Censorship

President Trump claimed the new tariffs were necessary due to Brazil’s “unjust treatment” of former President Jair Bolsonaro in the courts and the nation’s legal actions against U.S.-based social media platforms.

“The U.S. must move away from a longstanding and very unfair relationship created by Brazil’s tariff policies,”
— President Donald Trump

According to Trump, the trade imbalance and court-ordered censorship in Brazil have become a “major threat” to the U.S. economy and national security. He emphasized that any retaliatory tariffs issued by Brazil would trigger additional levies beyond the initial 50%.

Brazil Responds: “We Will Not Accept Tutelage”

President Lula issued a strong response on X (formerly Twitter), asserting Brazil’s sovereignty and defending its judicial system:

“Any unilateral tariff increases will be addressed in accordance with Brazil’s Economic Reciprocity Law.
Sovereignty, respect, and the unwavering defense of the interests of the Brazilian people are the values that guide our relationship with the world.”
— President Luiz Inácio Lula da Silva

Lula rejected the tariffs outright, asserting that Brazil “will not accept any tutelage” and reaffirmed the legitimacy of Brazil’s legal system in addressing both domestic and international concerns.

Tariffs May Affect 22 Countries — BRICS in the Crosshairs

The 50% import levy is not exclusive to Brazil. Trump reportedly sent similar letters to 22 countries, imposing unilateral tariffs up to 50%, all set to take effect August 1st. Among them, Brazil appears to face some of the steepest penalties.

While Trump also threatened BRICS and allied nations with an additional 10% tariff for promoting what he calls an anti-American agenda, it remains unclear if this will directly affect Brazil, which has advocated for de-dollarization and multipolar trade. Notably, there was no mention of the BRICS penalty in Trump’s letter to Lula.

Geopolitical and Economic Implications

This move signals a return to aggressive tariff diplomacy under Trump’s second-term foreign policy, prioritizing U.S. national interests and economic leverage over multilateral engagement.

If fully implemented, these tariffs could:

• Strain U.S.–Brazil relations

• Undermine BRICS' push for non-dollar trade settlements

• Trigger retaliatory measures that may affect agricultural, industrial, and energy exports

Conclusion: Trade War or Political Posturing?

The Trump administration’s tariff blitz is set to redefine the U.S.–Brazil economic relationship. Whether this leads to a full-scale trade war or forced negotiations will depend on how Brazil and other targeted nations respond in the coming weeks.

With Trump signaling zero tolerance for anti-American narratives, and Brazil doubling down on economic sovereignty, global markets will be watching closely ahead of the August 1st enforcement deadline.

@ Newshounds News™
Source: Bitcoin.com   

BRICS Omits De-Dollarization & New Currency at 2025 Summit

Despite growing expectations, BRICS leaders made no mention of de-dollarization or the formation of a new common currency during the 17th annual summit, held in Rio de Janeiro this past Sunday and Monday. The two-day event, which has in the past strongly emphasized building an alternative to U.S. dollar dominance, concluded without major economic policy announcements.

Significantly, Chinese President Xi Jinping and Russian President Vladimir Putin did not attend the summit, with proceedings instead led by India’s Prime Minister Narendra Modi and Brazil’s President Luiz Inácio Lula da Silva.

De-Dollarization and Common Currency Left Off the Agenda

The absence of any discussion on launching a new BRICS currency or reducing dependence on the U.S. dollar marks a sharp departure from the bloc's earlier rhetoric. These topics were central to past summits and widely promoted as pillars of the BRICS agenda aimed at restructuring global financial power.

However, the 2025 summit offered no policy progress or roadmaps for either initiative.

“The development indicates that the bloc is not serious about the issues and is only beating around the bush,”
— Watcher.Guru analysis

Instead of bold declarations, BRICS members limited financial discussions to voluntary bilateral trade using local currencies, a step seen as symbolic rather than systemic.

Discontent with IMF and World Bank Still Front and Center

Although de-dollarization was not formally addressed, the alliance continued to criticize Western-led financial institutions. Leaders expressed frustration with the International Monetary Fund (IMF) and World Bank, accusing both of bias toward the U.S. and other Western powers while neglecting the needs of the Global South.

They argued that the current global financial order remains skewed, offering insufficient access to credit and capital for developing economies—particularly those in Africa, Latin America, and Southeast Asia.

Summit Lacks Momentum Without Russia and China

The absence of key players like Russia and China may have contributed to the lack of strategic direction at the summit. Their presence has historically driven the more ambitious aspects of the BRICS agenda, particularly in currency and trade realignment.

Without them, the summit felt cautious and subdued, leading many to question whether BRICS still holds the resolve to challenge the U.S.-led financial system.

What’s Next for BRICS?

While de-dollarization and the proposed BRICS currency were sidelined at this year’s summit, officials stopped short of abandoning these ambitions entirely. Leaders emphasized that trade in local currencies will remain an option and may become more formalized in the future.

Still, the lack of clarity or commitment suggests that BRICS is struggling to present a unified financial vision amid growing global attention on multipolarity.

Whether this pause is temporary or reflective of deeper divisions within the bloc remains to be seen.

@ Newshounds News™
Source: Watcher.Guru 

~~~~~~~~~

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BRICS+ are Big Enough to Dethrone the Dollar

BRICS+ are Big Enough to Dethrone the Dollar

Liberty and Finance:  7-9-2025

Financial expert Andy Schectman delivered a compelling address at the recent 2025 Rural Symposium on Natural Resource Investing, shedding light on major geopolitical and monetary developments centered around the burgeoning BRICS nations.

His presentation painted a picture of a rapidly evolving global financial landscape, one increasingly designed to operate independently of U.S. financial.

Schectman emphasized how strategic moves by key players are coalescing to form an entirely new financial infrastructure.

He highlighted the significant role of the Shanghai Metals Exchange and the groundbreaking launch of the M-Bridge settlement platform as foundational elements.

According to Schectman, these initiatives are paving the way for a financial system that is not only decentralized and gold-backed but also transparently audited via blockchain technology – a stark departure from the current U.S.-centric model.

The implications, Schectman warned, are profound. These developments, which include the expansion of multi-jurisdictional gold vaults and the accelerating internationalization of the Chinese yuan, pose a direct challenge to the U.S. dollar’s longstanding role.

 He cautioned that these initiatives threaten not only the dollar’s preeminent status in global trade settlement but potentially its critical reserve currency status.

Schectman underscored the strategic significance of these BRICS-aligned initiatives, noting their expansion to include an increasing number of non-member nations.

Critically, he pointed out that this emerging financial framework is being built specifically to circumvent transactions settled in the U.S. dollar, Euro, and British Pound. Schectman also took a moment to acknowledge and credit long-time investment strategist Rick Rule for his insightful guidance, suggesting these shifts align with broader, often overlooked, macro trends.

Concluding his address, Schectman issued a strong call to action, urging people to look beyond mainstream narratives regarding global finance.

He advised proactive engagement and informed decision-making, stressing that these monumental developments are progressing at an accelerated pace and will soon become too obvious to ignore for those who choose to remain uninformed.

For a deeper dive into Andy Schectman’s insights and the full context of his presentation, viewers are encouraged to watch the complete video available from Liberty and Finance.

https://youtu.be/iGD5PlU-y-A

Thursday Coffee with MarkZ. 07/10/2025

Thursday Coffee with MarkZ. 07/10/2025

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……hoping today is a great day

Member: I think I may be more confused now than in 2020! I know they said it be chaotic, but Damn

Member: Are paymasters those that will pay us- Will Zurich kick off the RV?????

MZ:  Paymasters are for private, pre-arranged exchanges. More for bond holders than currencies. It’s the banks that will pay us.

Member: Mark, who is exactly in charge of the RV? Military, Treasury, Foreign actions, etc.? Hard to know sometimes.

Member: I am also wondering-  who exactly is pulling the cord for the RV? Hard to know sometimes…Trump, Iraq, BRICS, Military, Treasury…. Who’s on first?

Member: Everything is on the pulse of July 14th deadline for ISO20022 Basel III compliance for all US banks...14th...15th???

Member: My wife bank is scrambling for ISO 20022

Member: one of my banks sent message they were closing ATMs and mobile banking 11th/13th....now my other bank sent similar message

Member: I think that the iso needs to come in to bring in blockchain, and I think it is necessary for the qfs. and then after that I think this is necessary for r. revaluation

Member: I believe it won’t go until ISO20020 is achieved

Member: Are we going to see a rate this week?

MZ: I don’t know. A very large segment of my bond groups think we will get a rate over the weekend.. But nothing concrete. It’s very clear they are trying to cloud the timing.

MZ: There are more expectations they will get spendable, usable dollars …some say they signed final contracts and should get funds this weekend. Other contacts are quiet and have gone MIA.

Member: This weekend works for me!!!!

MZ: Cross your fingers and hope.

Member: with all the banks updating this weekend….for Fednow and Iso202200….its possible.

Member:  When is Iraq going to announce that the oil is flowing. Are the waiting on a rate first?

Member: July14th, top court to hear key cases on delayed Kurdistan salaries. Erbil, Kurdistan Region - Iraq’s Federal Supreme Court is set to review two critical lawsuits on Mon concerning the delayed payout

Member: How is Iraq able to put in so much infrastructure with low currency valuation?

Member: Iraq could keep a suppressed rate when using dollars but they are no longer using the dollars. They have to increase their rate or they’ll go down.IMO

Member: Anyone ever get the feeling Iraq doesn’t want to revalue their currency?

MZ: Many countries are positioning for Iraq being on the international stage. Including India and Kuwait. Many are waiting on this new rate. Of course it is happening

MZ: “American Magazine: Iraq quietly restores its role in International trade” Lots happening behind the scenes like the development road project.

MZ: “The KRG (Kurdistan) has notified the US that they will only allow Baghdad 48 hours to make a decision regarding the issue of funding the Kurdistan regions cival servant employees salaries” This is 48 hours from yesterday afternoon.  This should force a conclusion for the oil and gas law…hopefully this week. We should get a decision within 48 hours.

MZ: Lots of thigs appear to be aligning. We need to get off “stuck”

MZ: This one is showing up in my inbox from some panicked individuals. “ IMF comments on Iraq dinar exchange rate”  It projects the average exchange rate of the dinar against the US dollar as 1300….the same as 2024. Just a reminder- A similar statement came out the week before and the day of the Kuwait revaluation.

Member: Heard someone say that the RV could occur after the XRP/Ripple case is likely resolved next week. It just goes to show what don't know when or what the trigger will be.

Member: thanks for the encouraging news today Mark. Everyone enjoy your day.

Member: Stay positive and never quit!!!

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

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.

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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=vg4kkTdIZfw

News, Rumors and Opinions Thursday 7-10-2025

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 Wed. 9 July 2025

Compiled Wed. 9 July 2025 12:01 am EST by Judy Byington

Possible Timing Global Currency Reset:

Late Mon. 14 July EST Banks worldwide (allegedly) reset value of different nation’s currencies.

Late Thurs. 17 July EST new value of currencies(allegedly)  becomes active worldwide. The change in value shows up first in energy prices, then in food prices and finally on mainstream tickers.

As a side note: The Federal Reserve’s implementation date is (allegedly) set for July 14, 2025. This means that on Friday July 11, 2025, at 7pm ET the current Fedwire® Funds Service FAIM wire format will(allegedly)  end and when the Federal Reserve opens Sunday July 13, 2025 at 9pm ET (business date is Mon. 14 July ) the new ISO® 20022 format supersedes. Any wires in the FAIM format will be rejected by the Federal Reserve. This implementation will bring changes to current wire terminology, requirements, wire types and fields.

On Mon. 14 July at 8:33 pm EST: (Tues. 15 July 2025 at 03:33 UTC Universal Time which is 8 hours ahead of Eastern Standard Time, or Mon. 14 July 8:33 pm EST), the Bank Currency Reset to gold/asset-backed currencies called Operation Chrysalis, (allegedly)  goes live. Treasury nodes will (allegedly) switch from mirrored to primary control, which will make all old banking rails read-only. If a payment processor doesn’t handshake within the first 11 milliseconds, its ledger will be frozen until a manual audit clears it.

On Thurs. 17 July EST (Friday 18 July 2025 UTC) Rainbow currency change of value(allegedly)  becomes active. Take note of the liquidity paths that Tier 2 commerce hubs can use. Each country that takes part gets its first draw in twelve-hour chunks. Fiat leaves in the same heartbeat. Don’t wait for the news to confirm it. The change in value shows up first in energy prices, then in food prices, and finally on mainstream tickers.

Tues. 8 July 2025 Wolverine: We are pleased to share a significant development: during a specialized operational conference held last night, it was officially confirmed that both the U.S. Treasury and the Department of Defense (DoD) have (allegedly) given final authorization for the payments. God bless you all. Wolverine

Tues. 8 July 2025 Wolverine: “The leader from the Pentecostal has finally released the funds to her leaders. They will be given the day and the hour when they have to go to the banks to be able to receive the blessing which is spendable money and be able to release those funds to their members. The owner has now (allegedly) finished what she promised she will do after more than 20 years. This is history in the making guys.

~~~~~~~~~~~~

Global Financial Situation:

Tues. 8 July 2025: TRUMP’S $150 TRILLION BOMBSHELL — THE 161-YEAR SECRET THAT WILL CRUSH GLOBALISM AND TRIGGER NESARA/GESARA …Donald J. Trump WH on Telegram

While the world drowns in distractions, President Donald J. Trump just (allegedly) stepped into the most powerful economic position in modern history. Hidden beneath the surface for 161 years lies a $150 trillion resource trust — now (allegedly) legally unlocked. Copper, lithium, uranium, rare earths, oil, gold. Enough to erase national debt, end globalist control, and rebuild sovereignty from the ground up. And now, Trump(allegedly)  has full access.

For decades, the Chevron Doctrine acted as the cage. It gave unelected agencies total control over America’s natural wealth, land, and economy. Globalists used it to bury this inheritance while feeding the world illusions through fiat currency, debt, and foreign trade traps. But that’s (allegedly) over. The Supreme Court has overturned the Chevron Doctrine. The legal lock is gone. The vault is open. And Trump(allegedly)  has the code.

This isn’t about campaign promises. It’s about economic liberation. With Chevron dead and the trust exposed, Trump is positioned to unleash the most powerful financial reset in human history — not through banks, but through real value. Energy. Infrastructure. Sovereign-backed digital systems. Trump isn’t just returning to the White House. He’s returning as executor of a new operating system. And the elites are terrified.

This aligns with everything NESARA and GESARA stood for. Once mocked, now unstoppable: (allegedly) erasing illegitimate debt, restoring sound money, and ending corporate government slavery. Trump’s moves — energy independence, gold-backed systems, dismantling the Fed, expanding QFS — have all been steps toward this convergence. The $150T trust isn’t just wealth. It’s the fuel for a new civilization.

While the media sells crisis and courtroom drama, elites are shifting quietly: XRP, gold, rare earth ETFs, tokenized energy and land assets. The global monetary game is changing in silence. The public won’t hear about it until it’s too late to catch up. But patriots who understand NESARA know — this is the framework loading behind the curtain.

The wealth is real. The court has ruled. The legal leash is cut. Chevron’s fall means America’s resource cage is broken. Trump holds the ignition key. No more globalist debt systems. No more fabricated scarcity. No more foreign dependence. The trust is real, and it’s being activated. Silently. Strategically. Irrevocably.

This is not politics. This is the fall of fiat, the rise of sovereignty, and the true beginning of GESARA. While others argue over headlines, the system is already being rebuilt — by Trump, by QFS, by the Constitution.

The silence is the signal. The trust is the trigger. And history is about to flip.

Read full post here:  https://dinarchronicles.com/2025/07/09/restored-republic-via-a-gcr-update-as-of-july-9-2025/

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

Mnt Goat  We can clearly see that Iraq is ready to reinstate their currency and go global with it. It could not be any clearer now. But first there is work to be done with Iran...my CBI contact has been relaying to me from my conference calls to Iraq and she was spot on! She said many times that, right now “it’s all about Iran”. 

Frank26  Trump threw a curveball at my teams...We don't believe in a GCR but we do believe that, oh my goodness, something is about to crack with currencies around the world.

Frank26  Article "Prime Minister's Advisor: Iraq is qualified to become a regional financial center with four strategic powers."  This is an insult.  How dare you tell me Iraq is going to become the financial hub in the Middle East at 1310...Be...wise enough, astute enough...confident enough to know none of this is at 1310...You're smart enough, wise enough, savvy  enough, you know what these articles are doing.  They're telling you everything (Asraflak) about monetary reform without giving you a new exchange rate because if they give you a new exchange rate then they got to also give you the lower notes.  Those 2 are as top secret as you can get. 

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

FRANK26…..7-9-25……ALOHA….BANK SHOT

https://www.youtube.com/watch?v=00TKq5jDIoI

Iraq Economic News and Points To Ponder Thursday Morning 7-10-25

18 Islamic Banks Banned From Dealing In Dollars...And Liquidation Looms!
 
July 8, 2025 Last updated: July 8, 2025  Al-Mustaqillah/- In a move that sparked widespread controversy within economic circles,  data from the Central Bank of Iraq revealed the inclusion of a group of Islamic banks on a list of banks prohibited from dealing in dollars.
 
This raised questions about the true reasons and motives behind this move, as well as the repercussions it could cast a shadow over the future of these banks and the Islamic financial sector as a whole.

List Of Banks Covered By The Ban:
 
    Elaph Islamic
    Kurdistan International Islamic Bank
    Islamic Cooperation
    Islamic Giving
    Islamic Advisor
    Islamic world
    Islamic South
    Islamic Arabic
    Light of Islamic Iraq
    Zain Iraq Islamic
    International Islamic
    Islamic Clutch
    Al-Ansari Islamic Bank
    International Islamic Trust
    Al Rajhi Islamic
    Islamic paper
    Asia Islamic Iraq
    Islamic Spectrum
    Islamic money
 
What Are The Reasons For The Ban?
 
Despite the absence of an official, explicit explanation from the Central Bank,
informed sources point to several possible reasons, most notably:
 
    Suspicions of dollar smuggling are now being leveled against several Iraqi banks as Washington and Baghdad seek to control the black market and reduce currency smuggling to neighboring countries.

    Failure to comply with international financial compliance standards, particularly those related to anti-money laundering and counter-terrorist financing (AML/CFT) standards.
 
    Some of these banks are linked to names or entities subject to US sanctions, which automatically places them under suspicion,even without an official announcement from the US Treasury Department.
 
    The weakness of internal control systems in some of these banks makes them fertile ground for violations or illegal uses of the dollar.
 
Serious Repercussions: Liquidation Is Imminent?
 
According to an informed economic source for Al-Mustaqilla,
 
some banned Islamic banks may be headed for voluntary or forced liquidation in the coming period,
given their inability to continue financial operations without dealing in dollars.
 
The dollar is a vital nerve in the Iraqi economy, whether for trade, transfers, or international client obligations.
 
What Does This Mean For The Islamic Financial Sector?
 
    Declining trust: Customers may lose confidence in Islamic banks in general,
even those not covered by the ban.
 
    Increased pressure on other banks: As these banks exit the dollar market,
customers will turn to other banks, potentially causing congestion or pressure on their services.
 
    Implications for investors: Especially those who use these banks as intermediaries to finance projects or investments based on foreign currency.
 
Where Are Things Headed?
 
The ball is now in the court of the Central Bank of Iraq, which is expected to provide an official and transparent explanation of the reasons behind the ban, to ensure it does not create a financial panic and reassure the local market and investors.
 
Islamic banks subject to the ban must also take the initiative to quickly settle their legal and commercial situations and work to improve compliance systems, to avoid escalating the situation to the point of liquidation or cancellation of the license.    
  
https://mustaqila.com/حظر-18-مصرفاً-إسلامياً-من-التعامل-بالدول/    
    

New Banking Sanctions Shake Iraq's Financial Sector Amid Mounting US Pressure.
  
Iraqi investment in the grip of the US dollar.  July 8, 2025 Last updated: July 8, 2025
 
Al-Mustaqilla/ - The Central Bank of Iraq announced the inclusion of a number of investment banks on a list of those banned from dealing in US dollars,
 
a move that sparked widespread concern in economic and financial circles and brought to the forefront old questions about the future of the Iraqi banking system in light of growing international pressure.
 
List Of Banks Covered By The Ban
 
The list published by the Central Bank on its official website included 12 private investment banks, the most prominent of which are:
 
    Middle East Iraqi Investment Bank 
    Iraqi Investment Bank 
    Dar Al Salam Investment 
    Babylon consumption 
    Sumer Commercial Bank 
    Mosul Bank for Development and Investment 
    Union Bank of Iraq 
    Ashur International Investment Bank 
    Trans-Iraq Investment Bank
     Al-Huda Bank
     Erbil Investment and Finance Bank
     Hammurabi Commercial Bank
 
US Pressure And Undeclared Sanctions
 
Although the Central Bank has not issued an official explanation regarding the reasons for the ban,
an informed source told Al -Mustaqilla that the decision is linked to indirect US sanctions,
based on suspicions regarding these banks' failure to comply with anti-money laundering and foreign transfer standards, in addition to their weak financial compliance systems.
 
The source explained that some of these banks may face liquidation in the near term,
as a result of international isolation and the freezing of their dollar transactions,
which will make it more difficult for them to continue operating in the local market.

 Attempts To Comply And Return To The Global Financial System
 
In contrast, some of the banned banks have begun taking steps to rectify their situation.
 
They are working to improve their compliance and internal control systems,  contracting with international financial audit firms, and seeking to open channels of negotiation with US and international entities to ease the measures imposed on them.
 
Worrying Repercussions For The Iraqi Market
 
The decision directly impacted the Iraqi market, particularly with regard to investor confidence,
project financing, and imports.
 
Among The Most Significant Potential Repercussions:
 
    The dollar exchange rate rose on the parallel market as a result of reducing the number of banks allowed to trade it.
 
    The banking sector's ability to finance major investment projects has declined.
 
    Withdrawal of local and foreign capital in search of a more stable financial environment
 
Urgent Banking Reforms To Avoid Collapse
 
Observers believe that what is happening does not amount to a passing crisis,  but rather represents a critical test of the Iraqi financial system's ability to reform and remain within the global financial system.
 
In this context, the need to implement radical reforms, including
 
    Updating the legal structure of banking supervision
 
    Enhancing transparency and financial disclosure
 
    Re-evaluating the role of investment banks in the national economy
 
The Window For Reform Is Narrowing
 
Recent developments confirm that Iraq stands at a critical financial crossroads,
requiring clear political and banking will to implement genuine reforms before the banking system loses what remains of internal and external confidence.    https://mustaqila.com/عقوبات-مصرفية-جديدة-تهز-القطاع-المالي/    

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

Seeds of Wisdom RV and Economic Updates Thursday Morning 7-10-25

Good Morning Dinar Recaps,

SEC’s Hester Peirce: “Tokenized Securities Are Still Securities”

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce, often referred to as the agency’s “Crypto Mom”, has reaffirmed the regulator’s stance that tokenized versions of traditional securities remain subject to existing securities laws — regardless of the underlying technology.

SEC Warns Market Participants on Tokenized Offerings

In a statement released Wednesday, Peirce urged companies exploring tokenized financial products to engage directly with the SEC. Her remarks come amid a wave of innovation from both crypto-native firms and traditional financial institutions experimenting with on-chain tokenization.

“As powerful as blockchain technology is, it does not have magical abilities to transform the nature of the underlying asset,”
— Hester Peirce, SEC Commissioner

She warned that firms distributing tokenized stocks, bonds, or other instruments must still comply with the federal securities laws.

Robinhood and the Tokenization Wave

Though Peirce did not name specific companies, her comments closely follow Robinhood’s recent launch of a tokenization-focused Layer-2 blockchain, aimed at offering tokenized U.S. stocks and ETFs to investors in Europe.

Robinhood has also reportedly submitted a proposal to the SEC in May 2025, seeking a regulatory framework for tokenized real-world assets (RWAs). The move suggests a growing recognition among industry players of the legal complexities surrounding tokenized finance.

A Call for Engagement and Flexibility

Peirce emphasized that the Commission is open to innovation — if market participants proactively engage and work within legal boundaries.

“When unique aspects of a technology warrant changes to existing rules or where regulatory requirements are outdated or unnecessary, we stand ready to work with market participants to craft appropriate exemptions and modernize rules,”
— Hester Peirce

Her comments echo those made frequently by former SEC Chair Gary Gensler, who often urged crypto firms to “come in and talk.” But this statement comes at a time when the regulatory climate is beginning to shift under the leadership of new Chair Paul Atkins and the Trump administration’s broader support for digital assets.

Awaiting Clarity from Congress

Peirce’s statement also arrives as Congress prepares to vote on the Digital Asset Market Clarity Act — a long-awaited legislative framework that aims to define regulatory roles for the SEC and the Commodity Futures Trading Commission (CFTC).

If passed, the bill could:

• Clarify oversight responsibilities for digital assets

• Provide legal certainty for tokenized securities and commodities

• Accelerate institutional adoption of real-world asset tokenization

Conclusion: Tech Innovation Still Requires Legal Caution

While blockchain and tokenization are transforming finance, the SEC’s message remains consistent: the medium does not change the law.

Hester Peirce’s latest comments serve as both a warning and an invitation: innovation is welcome, but compliance with securities law is non-negotiable.

@ Newshounds News™
Source: Cointelegraph

~~~~~~~~~

DLT Platform Hedera Joins Project Acacia to Advance Digital Finance in Australia

In a major step toward building Australia’s next-generation financial infrastructure, Hedera has officially joined Project Acacia, a collaborative initiative led by the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC). The project is designed to explore digital money, tokenized assets, and real-world financial use cases powered by distributed ledger technology (DLT).

Hedera Brings Hashgraph Efficiency to Australian Digital Finance

On July 10, Hedera was formally included in the Acacia initiative, where it will contribute its Hashgraph-based DLT—known for high-speed, secure, and low-cost transactions—to a suite of pilot programs. These programs aim to test wholesale tokenized assets, improve settlement efficiency, and reduce systemic risks in Australia’s financial sector.

“Project Acacia will allow industries and regulators to work together to reshape the financial services industry while boosting efficiency and fostering economic growth,”
— Reserve Bank of Australia

The project's focus includes evaluating how DLT can enhance transparency and innovation in wholesale banking and cross-border settlement systems, aligning with broader governmental goals for economic modernization.

Multiple Blockchain Platforms Join the Mission

Hedera is not alone in this national initiative. Other prominent DLT platforms selected for Project Acacia include:

• Redbelly Network – Focused on compliant tokenization of real-world assets.

• R3 Corda – Specializing in asset and currency tokenization across regulated financial markets.

• Canvas Connect – A zero-knowledge layer-2 solution prioritizing privacy and financial interoperability.

• EVM-compatible networks – Supporting Ethereum-based smart contracts, ideal for programmable finance.

Together, these platforms will test various CBDC scenarios, settlement models, and tokenized asset flows to evaluate their integration with Australia's traditional banking infrastructure.

Australia Positions Itself as a Global DLT Leader

By anchoring Hedera and other advanced blockchain platforms into its national pilot program, Australia is signaling a serious commitment to technological innovation in finance. The effort also aligns with broader global trends toward central bank digital currencies (CBDCs) and the tokenization of real-world assets (RWAs).

The Australian Securities and Investments Commission (ASIC) emphasized the importance of this research in tackling regulatory risks and identifying growth opportunities within the digital asset economy.

Final Thought

As countries around the world race to define their roles in the digital asset revolution, Australia’s Project Acacia—now strengthened by Hedera’s participation—could serve as a model for collaborative innovation between governments, regulators, and the blockchain industry.

If successful, it may mark the beginning of a fully tokenized financial ecosystem, with Australia at the forefront.

@ Newshounds News™
Source: Coinpedia  

~~~~~~~~~

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Thank you Dinar Recaps

“Tidbits From TNT” Thursday Morning 7-10-2025

TNT:

FROM DEEMONEY ON 7/9/25 WEDNESDAY 

PART 1

" My daughter has worked for Wells Fargo for 14 years. She's now in management doing bankwire fraud investigations. She told me a couple of weeks ago that they had mandatory training scheduled for July 14th. Today she's in the office. It's Wells Fargo's largest campus. The call center is there. She just told me that all the big wigs are on campus today and that all of the new changes in Bank wires goes into effect this weekend. I think they are preparing us! We are really nearing the end" 

DEEMONEY'S PART 2

I'm on with my daughter now. It's called fed ISO 20022 and it rolls out July 13th. It was supposed to go at the end of last year but was postponed. Bigwigs are on campus from all over. The Swift system changes at the end of the year exclamation they did a soft launch last year and it didn't work

 DEEMONEY'S PART 3

She said it's been scheduled for July to change over since the beginning of the year. I remember we were waiting for fednow last year and from what I'm hearing, I believe it's connected to our release. Have a wonderful day everyone.  

DEEMONEY'S PART 4

She told me to pray nothing else changes before Sunday that they are fully prepared for Sunday. There are meetings going on all day in anticipation.

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

Greyeagle1 wrote:   Bank Story from a trusted friend: My friend has had a bank account at this bank for over 30 years. Knows everybody by first name. They know her by her first name. She got a notice from the bank that they would be closed from Wednesday at closing on July 9, 2025 until Monday morning July 14, 2025.

She went into the bank today and talked with senior loan manager whom she has known since he started. She asked why closing? Answer changing to new banking system

Q: Are you going to be doing foreign currency exchanges? A: I cant tell you that.

 Then she went to the head bank manager whom she has known for 30 years.

Q: Why are you closing? Answer : changing to new banking system.

Q:  Is it QFS? A: gave some other name.

Q: are you Basil 3 compliant? A: We will be by Monday.

Q: Are you going to have the new US Dollars? A: They are on their way now.

Q: Are you under an NDA? A: Yes.

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

NellieCat:  I have a friend who is a contractor in NYC. For years he was doing bulk apartment renovations and then he started getting jobs to make LED signs for luxury stores. In April 2025 he all of a sudden started getting all these Wells Fargo Bank jobs for LED signs to light up 24 hours in front of their banks! He is a currency holder. I told him to ask a bank manager if he could exchange his dinar there. He did not yet. So today I told him to see if he could exchange his Bolivar which is currently almost $90,000 for a 10 million dollar note. He went to the teller and asked if they exchange Venezuelan Bolivar. The teller said that it was not on their screen so ... no.  It has to be on the screen for them to exchange.  Then the teller asked, "How much did you have to exchange?" My friend said, "a million bolivar". The teller looked at the screen for a long time and said "wow".... but still said that it wasn't on the screen. 

 Although the Bolivar is not showing on google's currency converter or yahoo finance or wise's currency converters. It is showing at these sites.

xe.com shows it https://www.xe.com/currencyconverter/convert/?Amount=10000000&From=VES&To=USD

oanda.com shows it too https://www.oanda.com/currency-converter/en/?from=VES&to=USD&amount=10000000

fiscaldata.treasury.gov also shows it  (This is an official website of the US government I believe)          https://fiscaldata.treasury.gov/currency-exchange-rates-converter/

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

Tishwash:  Baghdad and Erbil discuss unifying procedures for the entry of goods and merchandise imported into Iraq.

Baghdad and Erbil discuss unifying procedures for the entry of goods and merchandise imported into Iraq.

The Iraqi Ministry of Planning announced that the Central Organization for Standardization and Quality Control held a meeting with a delegation from the Kurdistan Region to standardize procedures for the entry of goods and commodities imported into Iraq.

The Ministry's media office said in a statement that "the Diwani Order Committee (No. 79 of 2024) discussed mechanisms for implementing the decision of the Ministerial Council for Economy regarding the standardization of procedures for the entry of goods and commodities imported into Iraq, in light of the agreement signed between the federal government and the Kurdistan Regional Government."

It explained that "the meeting was chaired by the head of the Central Organization for Standardization and Quality Control, Fayyad Mohammed Abdul, in the presence of an official delegation from the Kurdistan Regional Government.

The practical steps to implement the provisions of the agreement were discussed, which aims to ensure the smooth flow of trade and simplify procedures at border crossings by standardizing specifications and quality inspections for imported goods."  link

Mot:  Today!!! -- Lets Go Over Sum ""Lifes Truths""

Mot:  All Set fer Da Summer I Is!!!!

MilitiaMan & Crew: Iraq Dinar News-Monetary Stability-Budget-Oil & Salaries a key focus

MilitiaMan & Crew:  Iraq Dinar News-Monetary Stability-Budget-Oil & Salaries a key focus

7-9-2025

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

Welcome to our latest video where we dive deep into the current state of Iraq's economy and the implications for the Iraqi Dinar.

 In this episode, we explore the key insights from Al-Nusairi's groundbreaking book on monetary stability, alongside expert analyses from Mazhar Mohammed Saleh regarding the successful measures in place to ensure economic resilience.

What We Cover:

Monetary Stability: Discover the principles and strategies outlined in Al-Nusairi's book that aim to stabilize the Iraqi Dinar during a digital transformation.

Expert Analysis: Hear from Mazhar Mohammed Saleh as he shares his similar opinion's that Iraq has succeeded on stabilizing prices and curbing inflation.

 Budget Insights: There is a vital issue that has yet to be put into place regarding the Tripartites Budget tables.

Join us for an insightful discussion and expert analysis on these pressing issues.

https://www.youtube.com/watch?v=DKUy8e0szFo

Iraq Economic News and Points To Ponder Wednesday Afternoon 7-9-25

Al-Sudani: We Will Not Allow Iraq To Become Part Of The Arena Of Wars And Conflicts, And We Will Not Allow Anyone To Outbid Our Principles

Wednesday, July 9, 2025, | Politics Number of reads: 188  Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani stressed that Iraq will not be allowed to be part of the arena of wars and conflicts.

Al-Sudani said, during his visit to the host of the Emir of the Bani Hassan tribes in the Al-Haidariya district, Sheikh Hussein Ali Al-Muhammad Al-Hasnawi, and Sheikh Abdul Hadi Al-Hasnawi, the representative, in the holy Najaf Governorate:   "Iraq is in the midst of a region rife with violence, and the war began there with the aggression launched by the Zionist entity against the Islamic nation.

The ongoing attacks in Gaza, Lebanon, Yemen, and the latest of which was on the Islamic Republic of Iran, oblige us to take our clear principled position, act wisely, and adhere to preserving the supreme interests of Iraq and Iraqis. We will not allow our country to be part of the arena of wars and conflicts."

He added: "We will not allow any party or entity to outbid our principles, especially when talking about the rule of law that protects everyone, and the state, with its official institutions, is concerned with the decision of peace, war, or foreign relations," stressing: "Restricting arms to the state is one of the fundamentals of building the state, and the government is proceeding according to a plan to achieve this goal."

He continued: "Our program is consistent with the basic principles announced by the supreme authority, when it outlined a work plan for all those who assume responsibility, prioritizing support for the state and its sovereignty, through respect for the law and combating corruption.

We are continuing the process of building, developing, and rebuilding our country, with an equal and non-discriminatory view for all Iraqis, with their diverse spectrums."

He continued: "It is time for the citizen to feel that the state, with all its institutions, provides services and implements the law. Today, we launched the executive work to expand the Najaf refinery, reaching a refining capacity of 90,000 barrels/day, and we will soon begin building the additional hydrogenation units."

Al-Sudani met with sheikhs and dignitaries of the district, and the general public, and was informed of their living and social conditions, and received their requests and needs.

He thanked the Bani Hassan tribes for the kind invitation and presence among our people in the Al-Haidariya district, which constitutes the intermediate station on the path of visitors and a shelter for all visitors of Abu Abdullah Al-Hussein (peace be upon him) during the days of the dictatorial regime, and today they serve his visitors, stressing that his visit to the holy Najaf Governorate is a continuation of the implementation of the government’s program and a confirmation of the title of the government of services, as all governorates are witnessing today service projects that are compatible with the hopes and sacrifices of the Iraqis. /End   https://ninanews.com/Website/News/Details?key=1239869

Among Them Is Iraq.. Four Arab Countries Possess More Than A Thousand Tons Of Gold Reserves.

Economy |  09/07/2025  Mawazine News - Follow-up  The World Gold Council announced on Wednesday that Iraq and four other Arab countries together possess more than 1,000 tons of global gold reserves.

In its latest table for July, reviewed by Mawazine News, the council stated that "the top five Arab countries, namely Saudi Arabia, Lebanon, Algeria, Iraq, and Libya, possess a combined 1,092.9 tons of gold," indicating that "the remaining Arab countries listed, namely Egypt, Qatar, Kuwait, Jordan, the UAE, and Syria, possess a combined 495.3 tons."

It added that "Iraq maintained its 29th global ranking out of 100 countries listed in the table, as its gold holdings amount to 162.7 tons, representing 16.8% of its remaining reserves."

The council noted that "the United States of America tops the list of the world's largest gold holders, with 8,133 tons, followed by Germany with 3,350 tons, then Italy with 2,451 tons, while Iceland and Hong Kong came in last with holdings of 2.1 and 2 tons, respectively."

It is worth noting that the World Gold Council, headquartered in the United Kingdom, includes among its members the world's largest gold mining companies and has extensive experience and in-depth knowledge of the factors affecting global gold markets. https://www.mawazin.net/Details.aspx?jimare=263650

Iraq Is The Third Arab Country In Terms Of Refinery Production.

Wednesday, July 9, 2025, | Economic Number of readings: 110  Baghdad/ NINA / Iraq ranked third in the Arab world in the list of refinery production of petroleum products in 2024, according to data from the Energy Research Unit.

The data showed that global refinery production increased by 807,000 barrels per day during the past year, reaching 93.631 million barrels per day, compared to 92.823 million barrels per day in 2023.

Saudi Arabia continued to lead the Arab countries in terms of refinery production, followed by Kuwait in second place, while Iraq rose to third place after surpassing the UAE, which witnessed a decline in its production.

Iraq recorded an increase in refinery production in 2024 by 60,000 barrels per day, reaching 988,000 barrels per day, compared to 928,000 barrels per day in 2023.

The UAE ranked fourth in the Arab world, followed by Algeria, then Egypt, Qatar, while Libya came at the bottom of the list. /End   https://ninanews.com/Website/News/Details?key=1239858

The Dollar Exchange Rate Against The Dinar Remains Stable In Local Markets.

Wednesday, July 9, 2025, | Economic Number of reads: 184  Baghdad / NINA / The dollar prices stabilized in the markets of Baghdad and Erbil governorates, on Wednesday.

The exchange rates recorded stability in the Al-Kifah and Al-Harithiya stock exchanges, recording 141,250 dinars for every $100.

The selling prices stabilized in exchange shops in the local markets in Baghdad, as the selling price reached 142,250 dinars for every $100, while the purchase price reached 141,000 dinars for every $100.

In Erbil, the dollar also recorded stability, as the selling price reached 142,300 dinars for every $100, and the purchase price was 141,000 dinars for every $100. /End https://ninanews.com/Website/News/Details?key=1239837

Gold Prices Decline In Baghdad And Erbil Markets.

Wednesday, July 9, 2025, Economic Number of readings: 145  Baghdad / NINA / The prices of foreign and Iraqi gold decreased on Wednesday in the local markets of the capital, Baghdad, and Erbil.

The selling prices of gold in the wholesale markets on Al-Naher Street in Baghdad this morning were recorded at 651 thousand dinars per mithqal of 21-karat Gulf, Turkish and European gold, with a purchase price of 647 thousand dinars.

The selling price of one mithqal of Iraqi 21-karat gold was recorded at 621 thousand dinars, while the purchase price was 617 thousand.

As for the goldsmiths, the selling price of one mithqal of 21-karat Gulf gold ranged between 655 and 665 thousand dinars, while the selling price of one mithqal of Iraqi gold ranged between 625 and 635 thousand dinars.

In Erbil, prices also witnessed a decrease, as the selling price of 22-carat gold reached about 684 thousand dinars, 21-carat gold reached 653 thousand dinars, while the selling price of 18-carat gold reached about 560 thousand dinars. /https://ninanews.com/Website/News/Details?key=1239845

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