Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Friday 11-7-2025

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 Fri. 7 Nov. 2025

Compiled Fri. 7 Nov. 2025 12:01 am EST by Judy Byington

Restored Republic

Thurs. 6 Nov. 2025, Scott Brunswick

The Quantum Financial System is advancing in stealth. In Singapore and Tokyo, hidden banking nodes are now live, mirroring transactional flows through encrypted micro-tests. Each “network interruption” on legacy systems signals another handover to QFS control.

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 Fri. 7 Nov. 2025

Compiled Fri. 7 Nov. 2025 12:01 am EST by Judy Byington

Restored Republic

Thurs. 6 Nov. 2025, Scott Brunswick

The Quantum Financial System is advancing in stealth. In Singapore and Tokyo, hidden banking nodes are now live, mirroring transactional flows through encrypted micro-tests. Each “network interruption” on legacy systems signals another handover to QFS control.

Gold reserves are being relocated under armed escort through remote routes, while dormant vaults tied to the old monetary cabal are being drained. The slow “technical outages” seen in central banks are not errors—they are controlled disconnections.

Thurs. 6 Nov. 2025 Jentel: Jentel reporting window is anytime NOW til the 13th, best possibly case that they could send out notifications tonight. They are putting military in place to ensure safety. https://rumble.com/v71bg96-fallawsophy-11625-with-jennifer-fallaw.-jentel-rv-update..html

Thurs. 6 Nov. 2025 TNT: IMF Says 99% will happen Fri. 7 Nov. 2025: https://x.com/THE_TNT_TEAM/status/1986216671120646470?t=9POIM4Ejs1MZoDWM68pzCw&s=09

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

Thurs. 6 Nov. 2025 Bruce The Big Call:

A couple of sources said Fri. 7 Nov. was in play for Tier4b (us, the Internet Group) notification.

One said that Tues. Wed.11-12 Nov. was also a possibility.

Others said we could get notification over the weekend.

Redemption Centers will have better rates than the bank, and you cannot redeem Zim at a bank.

Two separate sources said President Trump will make an announcement on Thanksgiving Day about the QFS and we are on asset-backed USN currency.

Read full post here:  https://dinarchronicles.com/2025/11/07/restored-republic-via-a-gcr-update-as-of-november-7-2025/

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

Militia Man  I think it still could be 4th quarter 2025. Does the REER settle somewhere around 3 times SDR?  We're going to find out...Every step of what I'm talking about is documented.  What they've been doing is primarily executed in my view already.  The CBI has reserves ... $112 billion.  They have compliance through all the new systems, international standards...Their next move is going to be an effective adjustment like they did in 2023.  It's going to be immediate.

Frank26   I think Sudani is about to give you [Iraqi citizens] a date, not a rate, in order to pacify you Iraqi citizens and receive the vote that he needs.  And maybe at the start of the year, all of this can come together.  Be we have another scenario...The one that Trump has painted where it can happen right now without a second thought.

Nader From The Mid East  Article: "Disruption of official working hours in Iraq from next Saturday to Wednesday They're doing it for the election.  They're going to stop schools and hours of work for three days all the way till Wednesday.  Have nothing to do with RV or anything like that.

Should I Hedge My Gold Position With Bonds?

 Mike Maloney:  11-7-2025

Join us live from the New Orleans Investment Conference where we sat down with John (traveling from Australia) to dig into one of the biggest questions investors face today:

If you’re right about inflation or monetary collapse, what should you hedge with — and if you’re wrong, what protects you then?

In this candid conversation we cover:

Why long-term government bonds may not be the safe haven you think they are

Why gold and silver may be the true undervalued hedges underpinned by central-bank buying

 Why fiat currencies are all falling (just at different speeds) relative to precious metals

Why the next downturn could be far worse than 2008, and how that changes safe-asset thinking

How international investors (even outside the US) should think about currency risk, hedging, and diversification

If you are concerned about inflation, currency debasement, or the stability of traditional “safe” assets — this discussion gives a powerful framework to rethink your portfolio.

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

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

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

Good Morning Dinar Recaps,

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

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

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

Good Morning Dinar Recaps,

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

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

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

Key Points:

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

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

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

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

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

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

~~~~~~~~~

 Kazakhstan Joins Abraham Accords: Peace Meets Economic Realignment

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

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

Key Points:

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

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

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

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

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

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

~~~~~~~~~

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

Military strategy and monetary influence converge again

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

Key Points:

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

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

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

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

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:


~~~~~~~~~

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

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

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

Key Points:

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

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

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

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

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:


~~~~~~~~~

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

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

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

Key Points:

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

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

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

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

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:


~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

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Thank you Dinar Recaps

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

TNT:

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

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

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

TNT:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

11-6-2025

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

Follow MM on X == https://x.com/Slashn

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

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

11-6-2025

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

Follow MM on X == https://x.com/Slashn

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

https://www.youtube.com/watch?v=kTGwC22H72o

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News DINARRECAPS8 News DINARRECAPS8

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

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

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

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

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

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

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

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

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

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4 Secrets of the Truly Wealthy, According to Dave Ramsey

4 Secrets of the Truly Wealthy, According to Dave Ramsey

Caitlyn Moorhead  Wed, November 5, 2025   GOBankingRates

One of Dave Ramsey’s most consistent pieces of financial advice is that wealth-building isn’t necessarily tied to how much money you make, but rather how you manage what you have. Many people assume that earning a higher income automatically leads to wealth, but Ramsey points out that a disciplined approach to spending and saving is far more important.

Truly wealthy people live below their means and when they do spend money, they don’t advertise it. Essentially, saving consistently is more important than the size of your paycheck or what you splurge on. Known for his no-nonsense approach to personal finance, Ramsey has helped millions of people get out of debt and take control of their financial futures. But what separates those who simply earn a good living from the truly wealthy?

4 Secrets of the Truly Wealthy, According to Dave Ramsey

Caitlyn Moorhead  Wed, November 5, 2025   GOBankingRates

One of Dave Ramsey’s most consistent pieces of financial advice is that wealth-building isn’t necessarily tied to how much money you make, but rather how you manage what you have. Many people assume that earning a higher income automatically leads to wealth, but Ramsey points out that a disciplined approach to spending and saving is far more important.

Truly wealthy people live below their means and when they do spend money, they don’t advertise it. Essentially, saving consistently is more important than the size of your paycheck or what you splurge on. Known for his no-nonsense approach to personal finance, Ramsey has helped millions of people get out of debt and take control of their financial futures. But what separates those who simply earn a good living from the truly wealthy?

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

According to Ramsey, “When you quit worrying about what people think and you’re actually living life for you and your family — that causes you to make completely different purchases and live a completely different lifestyle.” Here are key principles that truly wealthy people understand and practice consistently.

They Don’t Dress To Impress

The wealthy don’t leave their financial futures to chance. They create a plan, stick to it and regularly review it, which doesn’t leave a lot of wiggle room for extravagant purchases like designer clothing. Think about some of the billionaires you see in the news — many aren’t dressing like a million bucks even though they have more than a billion bucks.

Ramsey would recommend taking baby steps toward building an emergency fund, paying off debt or investing for retirement well before you spend thousands of dollars on pants or shoes. The truly wealthy know where their money is going each month and it’s not hanging in their closet.

They Don’t Share Their Vacation Pictures

Ramsey is a strong advocate for long-term investing and wealth-building strategies. However, once someone has grown their wealth to be in a place where they are considered rich, they tend not to advertise how much they have or are spending.

TO READ MORE:  https://www.yahoo.com/finance/news/4-secrets-truly-wealthy-according-110551464.html

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

FRANK26….11-6-25….ANOTHER BANK STORY

KTFA

Thursday Night Video

FRANK26….11-6-25….ANOTHER BANK STORY

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

KTFA

Thursday Night Video

FRANK26….11-6-25….ANOTHER BANK STORY

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

https://www.youtube.com/watch?v=e7DBZ_otktc

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The End of Dollar Dominance? Gold, the Dollar, and the New Global Order

Nov 6

The End of Dollar Dominance? Gold, the Dollar, and the New Global Order

APMEX:  11-6-2025

The world of finance is changing fast. Geopolitical tremors, central bank maneuvering, and the digital revolution are all reshaping how we define value and stability. So, when the world’s oldest mint talks about the future of gold and the US dollar, it’s worth paying attention.

Recently, APMEX Market Pulse hosted a fascinating discussion between host Brad Elliot and Mark Schwarz from Monnaie de Paris, the venerable French institution with a 12-century history. This interview offered deep insights into market dynamics, geopolitical strategy, and why gold is currently shining so bright.

The End of Dollar Dominance? Gold, the Dollar, and the New Global Order

APMEX:  11-6-2025

The world of finance is changing fast. Geopolitical tremors, central bank maneuvering, and the digital revolution are all reshaping how we define value and stability. So, when the world’s oldest mint talks about the future of gold and the US dollar, it’s worth paying attention.

Recently, APMEX Market Pulse hosted a fascinating discussion between host Brad Elliot and Mark Schwarz from Monnaie de Paris, the venerable French institution with a 12-century history. This interview offered deep insights into market dynamics, geopolitical strategy, and why gold is currently shining so bright.

Monnaie de Paris is not just old; it is an economic institution. As the oldest operating mint in the world, its history is intertwined with the foundational concepts of currency and, crucially, bullion.

Mark Schwarz emphasized this heritage, noting France’s pivotal role in establishing the very idea of bullion standards. The mint is now set to re-engage with this legacy by launching a new bullion product, offering a tangible link to centuries of monetary stability. This move underscores a global trend: as monetary systems evolve, the foundational asset of gold remains indispensable.

Schwarz’s book, The New Currency War, provided the framework for understanding today’s complex financial battlefield. This war is no longer just about competitive devaluation—it’s about outright currency dominance.

Mark highlighted that the competition is now multifaceted, involving not just traditional fiat currencies, but also the emerging rivalry between state-backed Central Bank Digital Currencies (CBDCs) and private digital stablecoins. The race to define the next monetary architecture is officially on.

Perhaps the most compelling part of the discussion addressed gold’s impressive recent performance. Conventional wisdom suggests that with relatively low US unemployment and only moderate inflation, gold—often viewed as an inflation hedge or safe retreat—should be languishing.

Mark Schwarz offered a decisive counter-argument: Gold’s rise is primarily driven by geopolitics, not simple US economic indicators.

The interview delved into the paradoxical nature of the US dollar’s dominance. Mark explained the concept of “dollarization,” noting that the dollar’s role in global trade and reserves far outweighs the US economy’s share of global GDP.

This dominance, a vestige of the post-WWII Bretton Woods system, is increasingly being challenged. Geopolitical tensions, particularly sanctions, have spurred central banks—especially in emerging economies—to strategically diversify their reserves. They are moving into assets like gold and the Euro, hedging against financial risk and geopolitical dependency.

Looking ahead, the discussion shifted to the future of money. While acknowledging the rapid growth and investment significance of cryptocurrencies, Mark clarified that their high volatility still prevents them from being true viable currencies.

However, the future is undeniably digital. Schwarz emphasized the promise of stablecoins and, more significantly, Central Bank Digital Currencies (CBDCs) as the next frontier in monetary evolution. These digital forms offer the potential for faster, more efficient transactions while maintaining stability.

The conversation wrapped up by addressing a common misconception: that recent regulatory changes, specifically Basel III, would spark a massive, artificial spike in gold prices.

Mark confirmed that gold’s classification as a Tier-One liquid asset is secure, reinforcing its stability and liquidity in the banking system. But he stressed that this classification is an affirmation of gold’s status, not a trigger for immediate, massive price hikes. Gold doesn’t need regulatory loopholes to prove its value.

Mark Schwarz’s final advice to investors was clear and pragmatic: view gold as a long-term, stable component of a balanced portfolio.

Gold has a 12-century history of retaining value, and in today’s turbulent financial landscape defined by geopolitical uncertainty and a fragmenting monetary order, its role as a strategic, stable asset is more vital than ever.

It is not a speculative tool for getting rich quickly, but a cornerstone for preserving wealth slowly and securely.

To delve deeper into the insights from Monnaie de Paris and APMEX Market Pulse, be sure to watch the full video of this illuminating interview.

https://youtu.be/Arv63raOFNA

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Gold prices rise again in Baghdad

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

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

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

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

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

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

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

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

Prices have fallen for the third consecutive month.

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

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

Weekly Trading Indicators For The Iraq Stock Exchange

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

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

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

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

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

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

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

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

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

Good Afternoon Dinar Recaps,

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

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

Good Afternoon Dinar Recaps,

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

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

Good Afternoon Dinar Recaps,

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

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

Context

Investors are returning to metals as global equities wobble.

  • Gold rose > 1% to ~$3,983 / oz.

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

Analysis

  • Persistent gold strength despite stable growth signals currency distrust.

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

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

Implications

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

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

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

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:


~~~~~~~~~

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

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

Context

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

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

Analysis

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

  • Emerging nations are expanding bilateral settlement in local currencies.

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

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

Implications

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

  • Reserve diversification could erode dollar primacy within a decade.

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

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:


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

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

Context

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

According to IMF projections:

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

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

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

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

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

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

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

Analysis

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

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

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

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

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

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

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

Implications

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

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

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

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

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

Seeds of Wisdom Team
Newshounds News™ Exclusive


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

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