Seeds of Wisdom RV and Economics Updates Tuesday Evening 12-02-25

Good Evening Dinar Recaps,

Putin’s India Visit Seeks to Reinforce Energy and Defense Ties Under Sanctions Pressure
New Delhi weighs strategic cooperation with Moscow against the risk of U.S. retaliation

Overview

• Russian President Vladimir Putin is visiting India for the first time in four years as Moscow and New Delhi attempt to stabilize their long-standing partnership amid shifting global dynamics.

• Russia remains India’s largest supplier of defense equipment and, since 2022, a major source of discounted crude oil.

• Western sanctions have sharply limited Russia’s market access, while India has increased its purchases of U.S. energy, reducing Russian crude flows to a three-year low.

Key Developments

• Russia is looking to secure new contracts for oil sales, technical equipment, and major defense platforms such as the Su-57 fighter jet and additional S-400 air-defense units.

• India seeks to maintain stable defense supplies and explore the potential restoration of ONGC Videsh’s stake in Sakhalin-1, which has been in dispute since sanctions intensified.

• Washington has doubled tariffs on Indian goods in response to Russian crude imports, raising the stakes for any deepening India–Russia cooperation.

• Key state-owned firms — including Rosneft, Gazprom Neft, Rosoboronexport, and Indian refiners IOC and BPCL — remain central to ongoing negotiations.

• A free-trade agreement between India and the Eurasian Economic Union is also under consideration, potentially broadening economic ties.

Why It Matters
India’s defense ecosystem still relies heavily on Russian equipment, spare parts, and servicing — reliance that cannot be unwound quickly. At the same time, India is trying to avoid triggering additional U.S. penalties that could affect its export markets and technology access. Putin’s visit highlights how global sanctions regimes are reshaping bilateral relationships, supply chains, and geopolitical calculations for emerging powers.

Implications for the Global Reset

• Pillar: Strategic Realignment Under Sanctions — Russia’s turn toward the Global South underscores how sanctions are accelerating alternative partnerships and redirecting energy flows.

• Pillar: Defense and Energy Interdependence — India must balance national security needs with exposure to U.S. trade pressure, illustrating the complex choices mid-sized powers face in a fragmenting global order.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy – “Putin Visits India to Push Energy and Defence Deals as Sanctions Bite”

• Reuters – Coverage on India–Russia energy and defense negotiations

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BRICS Bank Boosted by Indonesia’s $1 B Commitment — What It Means for De-Dollarization
Jakarta formalizes Indonesia’s NDB entry; dollar alternatives gain momentum

Overview

• Indonesia has committed US$1 billion to the New Development Bank (NDB) as part of its formal entry into the BRICS framework.

• The move follows Indonesia’s accession to BRICS in January 2025 and reflects Jakarta’s intention to deepen economic ties with Global South partners.

• The contribution strengthens alternative development-finance channels outside Western-dominated institutions and positions Indonesia to tap new capital for major national projects.

Key Developments

• Coordinating Minister for Economic Affairs Airlangga Hartarto confirmed the $1 B allocation during a national leadership meeting of the Indonesian Chamber of Commerce and Industry (Kadin) on December 1, 2025.

• As a new member of the NDB, Indonesia expects improved access to funding for sustainable development, infrastructure expansion, energy transition, and digital-connectivity projects.

• The NDB holds $100 B in authorized capital, with founding BRICS members controlling the majority of subscribed shares. To date, the bank has financed roughly $39 B across 120 projects focused on transport, clean energy, and sustainability.

• President Dilma Rousseff highlighted Indonesia’s strategic regional role and praised its leadership in biofuels, noting its 40% achievement in biodiesel blending.

• Indonesia’s participation aligns with a broader BRICS strategy to expand local-currency use, develop alternative payment systems, and reduce reliance on the US dollar — though global dollar dominance remains substantial.

Why It Matters
Indonesia’s $1 B investment signals a major pivot toward diversified financial partnerships that reduce reliance on Western-led institutions like the IMF. The NDB provides Indonesia with development capital without policy-conditionality requirements, giving Jakarta more flexibility as it advances national strategic projects. At the same time, expanded NDB membership strengthens the institutional architecture of the Global South, broadening non-dollar financial pathways at a moment of growing geopolitical and monetary realignment.

Implications for the Global Reset

• Pillar: Diversified Financial Infrastructure — Indonesia’s entry reinforces the rise of alternative multilateral banks, reducing concentration of global financial power and increasing options for developing economies.

• Pillar: Momentum for De-Dollarization — While full de-dollarization remains unlikely in the near term, Indonesia’s membership adds weight to efforts promoting local-currency trade and non-Western financing systems.

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

Sources

• Watcher Guru – “BRICS Bank Gets $1B Lift From Indonesia, Fueling De-Dollarization”

• ANTARA – “Indonesia commits US$1 billion as it joins New Development Bank”

• Indonesia Business Post – “Indonesia committed to US$1 B as it fully joins BRICS’ New Development Bank”

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

The Problem With Supporting Adult Children

The Problem With Supporting Adult Children

Maurie Backman   Mon, December 1, 2025  Moneywise

My adult son lives with me and has a Wal-Mart job. I asked him for rent but he refuses to help. How do I resolve this?

Forget the concept of 'childhood home'. For a growing number of adult children, the place they grew up is their adulthood home, too.

Rohan Shah, an assistant professor of economics at the University of Mississippi, reports in The Conversation that in just 10 years, 1.5 million more young Americans (34 and under) chose to live at home (1).

According to the Pew Research Center, the trend is especially concentrated in California, Texas and Florida.

Shaw says the housing crisis is definitely contributing to the phenomenon, as young people struggle to pay rent let alone buy a home.

More adult sons live at home than daughters (20% versus 15%, respectively) (2). Maybe it’s hard to turn down mom’s cooking and laundry.

The set-up can be win-win, allowing parents to help their kids save a lot of money. According to Rent Cafe, median rent across the U.S. hit $1,743 this November (3).

So if you’re asking your adult son for $650 a month rent, you’re offering a great deal he shouldn’t refuse.

After all, you’re not only taking care of his financial security, but you need to focus on your own long-term security by saving more for retirement.

So if your son refuses to pay you rent, it’s time to have a serious talk and set some boundaries and expectations.

The Problem With Supporting Adult Children

Unfortunately, this is a common problem. A 2024 survey from Savings.com found that 61% of adult children who live at home contribute $0 to household expenses (4).

Meanwhile, the same survey found that 47% of parents support grown children financially, to the tune of $1,384 per child per month.

The math is troubling, as these parents are only setting aside $609 a month in retirement savings, less than half what they’re investing in their adult kids.

No surprise then, that a U.S. Bank survey found that almost 25% of parents worry their children will depend on them financially for years to come (5).

To be fair, young adults don't have it easy. Inflation spiked in recent years, and many students graduate college with piles of debt.

TO READ MORE:  https://www.yahoo.com/finance/news/adult-son-lives-wal-mart-140000703.html

Ariel: Iraq’s Forex Leap, Crypto as the Oil-Fueled Fix

Ariel: Iraq’s Forex Leap, Crypto as the Oil-Fueled Fix

12-2-2025

IRAQ’S FOREX LEAP – CRYPTO AS THE OIL-FUELED FIX

Iraq’s been the Middle East’s sleeping giant for years, sitting on 145 billion barrels of oil while its dinar plays yo-yo with sanctions and shadows.

But now, with ISO 20022 flipping the switch on global payments that fancy new language for banks to chat without the old SWIFT stutter Baghdad’s gearing up for a Forex breakout that’s got the IMF’s eyebrows raised.

Remember the 2023 currency auctions, when billions in dollars vanished into thin air, fueling black-market headaches?

Iraq’s saying enough: By early 2026, they’re syncing their central bank’s systems to ISO 20022, turning the Iraqi dinar into a player on the world stage.

It’s not just tech upgrades; it’s a lifeline to stabilize a currency that’s been hostage to oil swings and neighborly meddling. Crypto? They’re eyeing it as the secret sauce, a bridge to slash 90% of those dollar-dependency woes that keep everyday Iraqis scraping by.

The prep work’s humming under the radar. Central Bank of Iraq’s been test-running ISO-compliant messaging since July, linking to Fedwire and TARGET2 for seamless cross-border flows.

 Forex markets thrive on speed and trust ISO 20022 delivers both, packing more data into transactions so fraudsters can’t hide in the noise.

Iraq’s oil windfall – $100 billion projected for 2025 alone is the war chest, funding server farms in Erbil and training 5,000 bankers on the new protocols. Do you recall the 2014 I**S cash grabs, when looted banks froze the economy?

This is the antidote: A standardized ledger that traces every dinar from Basra pumps to Baghdad vaults, making manipulation a relic.

By tying into the global mesh, Iraq’s Forex pool deepens, drawing traders from Dubai to London who see a stable bet, not a roulette wheel.

Enter crypto’s big swing: Iraqi officials dropped the bomb in a November Baghdad summit digital assets could solve 90% of their forex headaches, from remittance snarls to illicit trade.

With ISO 20022’s XML backbone mirroring blockchain’s transparency, they’re piloting stablecoin bridges for oil sales, settling in USDT or dinar-pegged tokens to dodge dollar volatility.

Think of it like this: Oil buyers in Turkey or Jordan pay in crypto, converted instantly via compliant exchanges, bypassing the U.S. Treasury’s sanction chokeholds.

It’s a masterstroke 70% of Iraq’s economy is oil-tied, and crypto’s low-fee rails could reclaim billions lost to middlemen. No more hawala networks smuggling cash across borders; instead, atomic swaps on Hedera or Ripple nets, all ISO-wrapped for compliance.

Read Full Article:   https://www.patreon.com/posts/mix-of-reports-144847636

https://dinarchronicles.com/2025/12/01/ariel-prolotario1-iraqs-forex-leap-crypto-as-the-oil-fueled-fix/

THE RAILROAD MEN, THE BROKEN RAILS, AND THE NEW MONEY TRACKS OF THE WORLD

THE RAILROAD MEN, THE BROKEN RAILS, AND THE NEW MONEY TRACKS OF THE WORLD

The Railroad Men, the Broken Rails, and the New Money Tracks of the World

Rob Cunningham | KUWL.show    @KuwlShow

Let me tell you a story – the kind your granddad might’ve told sitting by a wood stove, the kind that cuts through the fog, the lies, the banker-speak, and hits your soul with the simplicity of: “Of course that’s how it works.”

Once upon a time, every nation ran its money on rotten tracks.

Not by accident. By design.

The tracks were crooked.
The switches jammed.
The fees were hidden.
The travel times were unpredictable.
And the men who owned the track…weren’t elected.

They liked things confusing.
Confusion keeps pockets open and oversight closed.

Your money – my money – every paycheck, every wire, every mortgage, every loan –
moved through a rickety, blind, 50-year-old rail system nobody could inspect.

Governments complained.
Businesses complained.
People complained.

But the track owners just smiled and said:

“Trust us.”

And everyone did… because what choice did they have?

Then one day a new track appeared – smooth, straight, and honest.

A track made of math instead of politics.
Transparency instead of secrecy.
Finality instead of guesswork.

It didn’t wiggle.
It didn’t reroute.
It didn’t stall.
It didn’t shake down passengers for lunch money.

It settled every transaction in 3–5 seconds.
Every time.
No exceptions.

It didn’t care whether you were a farmer, a banker, or a prime minister.
The rules were the rules for everyone.

They named this new track:

The XRP Ledger.

And instead of one man’s company store, it came with:

• a built-in currency exchange (no middlemen)

• a global bridge asset (XRP)

• a native payment router (ILP)

• a regulator-friendly design

• no downtime in 12 years

• no pay-to-play gas wars

• no bribed block builders

• no “maybe finalized” nonsense

• no outages

• no drama

It worked the same way every day.
Like a railroad should.

“But why would the big banks switch?” people asked.

Here’s the part Paul Harvey would call “the rest of the story.”

The bankers didn’t switch because they suddenly found integrity.
They switched because they had no choice.

The old tracks were collapsing.

• Liquidity dried up

• Reserve buffers vanished

• Regulations tightened

• Fraud got illuminated

• ISO 20022 turned the lights on

• The Treasury demanded transparency

• The world demanded atomic settlement

And when the Trump Administration began pushing for a new monetary architecture back in 2017, they weren’t doing it for show.

They saw the collapse coming.
They planned for the rebuild.
They positioned the rails.

The only rail that met the criteria — ALL the criteria – wasn’t theoretical.

It was already running.

The common-sense part:

If a man needs to get from St. Louis to Chicago fast, safe, and cheap…
and only one railroad line actually runs there…you don’t need a PhD or a banker’s certificateto figure out which train he’ll take.

You don’t pick the train that:

• breaks down

• reroutes randomly

• charges you a mystery price

• doesn’t run on time

• or has “great plans coming soon”

You pick the one that works today.

That’s XRPL.
Not “maybe someday.”
Not “once upgrades finish.”
Not “if the devs agree.”
Not “after an L2 patch.”

NOW.

Right now.
Today.
Christmas 2025.

Why the other tracks failed:

Because they were built for casinos, not countries.

• Ethereum: Great for gambling, awful for governance. Probabilistic finality + MEV = instant disqualification.

• Solana: Fast until it isn’t. Outages aren’t acceptable for global money.

• Stellar: Good tech, but not enough muscle.

• HBAR/ALGO: Clean systems, tiny liquidity.

• Private chains: Interoperability graveyard.

It’s like asking a go-kart to pull a freight train.
Not gonna happen.

And here’s the Trump-style truth bomb:

When building a new global money system, you pick the best tool.
And the best tool is XRPL.
It’s not close.

This isn’t hype.
This isn’t tribalism.
This isn’t crypto Twitter cheering.

Our Merry 2025 Xmas

This is engineering.

• Math

• Liquidity

• Compliance Reliability.

• Uptime.

• Determinism.

The adults in the room picked XRPL because it WORKS. Period.

Our Christmas 2025 takeaway:

Imagine every dollar, every paycheck, every tax refund, every mortgage, every Social Security payment, every international trade shipment…

…moving on rails that:

• never go down

• never lie

• never guess

• never cheat

• never overcharge

• never reroute

• never hide fees

• never double back

• never take 3–5 business days

• never “lose the wire”

• never allow backdoor manipulation

That rail is here.
The world is switching.
And America is stepping into a monetary system based on honesty, transparency, fairness, and speed – not banker fiction.

That rail is the XRPL.

That bridge is XRP.

That router is ILP.

That network is RippleNet.

This is the new exoskeleton of global value – the one the world is quietly plugging into because everything else breaks under pressure.

And so, as Christmas 2025 dawns…

The story is simple enough for any American to tell their family:

“We’re leaving a corrupt, creaky, hidden money system behind…and moving onto rails that actually work.
XRPL is the backbone. XRP is the bridge.
The world is plugging in – not someday, but right now.”

And just like that…

Mark Twain nods.
Paul Harvey smiles.
Rush chuckles with satisfaction.
And Trump says, “Told ya.”

Love you all – Rob.

https://twitter.com/i/status/1995478465827455009

https://dinarchronicles.com/2025/12/01/rob-cunningham-the-railroad-men-the-broken-rails-and-the-new-money-tracks-of-the-world/

Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 12-02-25

Good Afternoon Dinar Recaps,

Ukraine–Russia Peace Push Enters Critical Phase as U.S. Envoys Meet Putin

Trump team accelerates negotiations amid battlefield disputes and European unease

Overview

• U.S. Special Envoy Steve Witkoff and Jared Kushner have arrived in Moscow for a pivotal meeting with Russian President Vladimir Putin focused on advancing the latest U.S.-crafted peace framework for Ukraine.

• Russia claims full capture of Pokrovsk, a major logistics hub in eastern Ukraine—a claim Kyiv vigorously disputes, saying fighting continues and dismissing Moscow’s announcement as propaganda.

• European leaders fear Trump may pressure Ukraine into unfavorable concessions, as President Volodymyr Zelensky tours Europe to reinforce a united negotiating position.

• Internal turbulence in Kyiv complicates matters after the resignation of top negotiator Andriy Yermak amid a major corruption scandal.

Key Developments

• Witkoff–Putin Meeting Set for 5 p.m. Moscow Time
  The Kremlin says the session will last “as long as necessary.” Only Witkoff, Kushner, and a translator are attending from the U.S. side. This will be the sixth meeting between Putin and Witkoff in 2025.

• Russia Claims Pokrovsk Has Fallen — Ukraine Rebuts
  Putin announced the “full capture” of the city, but Ukrainian commanders say Russian troops staged a flag-planting photo op and “fled in a hurry.” Fighting reportedly continues across multiple districts.

• Zelensky Briefed Following U.S.–Ukraine Talks
  Ukraine’s president received detailed updates from American officials on the battlefield situation and the revised peace proposal after recent leaks of calls between Witkoff and senior Russian officials.

• Kremlin Praises Trump’s Peace Plan
  Moscow describes the U.S. proposal as “a very good basis,” while criticizing Europe for blocking dialogue and continuing to consider seizing frozen Russian assets.

• Espionage Allegations Against NATO Member Soldier
  A British military trainer in Ukraine has been detained and accused of working with Russian intelligence to plan targeted killings.

• Ongoing NATO Support, Despite Trump’s Position on Entry
  Ukraine’s defense minister met with the U.S. Ambassador to NATO to discuss strengthening defense cooperation via the PURL initiative, even as Trump rules out Ukrainian NATO membership.

Why It Matters

The peace process is moving faster than at any point since the war began, but deep geopolitical fractures remain unresolved. Moscow seeks Ukrainian neutrality and territorial concessions; Kyiv aims to preserve sovereignty and security guarantees; Europe is wary of a U.S.-brokered deal that could fundamentally reshape the continent’s post–Cold War security order.

Implications for the Global Reset

Pillar 1: Diplomatic Realignment

A U.S.-Russia negotiation path — sidestepping the EU — signals a major restructuring of security authority, shifting influence away from multilateral European institutions.

Pillar 2: Currency & Trade Architecture

Russia’s emphasis on de-dollarized trade with India and continued development of alternative payment systems aligns with broader moves away from Western financial dominance, a trend likely to accelerate under any peace settlement.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Newsweek – “Putin Claims Pokrovsk Fell as Trump Envoy Scheduled to Meet Kremlin”

• Watcher Guru – Homepage

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Japan Weighs Restart of the World’s Largest Nuclear Plant Amid Rising Energy Pressures
Niigata Prefecture faces a pivotal vote as Japan balances energy security with post-Fukushima public trust

Overview

• Niigata Prefecture’s regional assembly is preparing to vote by December 22 on whether to restart Unit 6 of the Kashiwazaki-Kariwa Nuclear Power Plant — the world’s largest.

• The facility, operated by TEPCO, has been offline since the 2011 Fukushima Daiichi disaster, which reshaped Japan’s national energy policies and public opinion.

• Japan’s current energy mix depends heavily on imported fossil fuels, which supply 60–70% of its electricity, straining costs as industrial and digital-economy demand surges.

Key Developments

• The restart proposal centers on Unit No. 6, a 1,356-MW reactor that could come online as early as January if approved by the Niigata assembly.

• Unit No. 7 may follow later, while remaining older units face potential decommissioning.

• Prime Minister Sanae Takaichi supports nuclear restarts as part of Japan’s broader strategy to strengthen domestic energy security and reduce vulnerability to volatile fuel imports.

• Local residents and civic groups continue to express concerns, particularly over evacuation procedures and TEPCO’s post-Fukushima safety record.

• TEPCO remains responsible for ongoing compensation payments linked to the 2011 disaster and continues to conduct safety drills as part of its risk-mitigation commitments.

Why It Matters
Japan is facing an increasingly tight energy environment driven by industrial expansion, advanced manufacturing, data-center growth, and AI-intensive systems. Restarting Kashiwazaki-Kariwa would relieve pressure on the grid and reduce costly fossil fuel imports. Yet the decision carries deep emotional and political weight: trust in nuclear safety has not fully recovered since Fukushima, and public approval remains fragmented.

Implications for the Global Reset

• Pillar: Energy Security Realignment — Japan’s potential restart of its largest nuclear facility signals a strategic shift toward stable, domestic energy generation amid global supply constraints and rising electricity demand.

• Pillar: Infrastructure & Industrial Resilience — A domestic power boost supports Japan’s manufacturing base and digital-sector growth, reinforcing national competitiveness at a time of evolving geopolitical energy pressures.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy – “Japan Considers Restarting World’s Largest Nuclear Plant Amid Energy Crunch”

• Reuters – Coverage on Japan’s nuclear restart considerations

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

7 Telltale Signs You’re Growing Wealth Like a Millionaire

7 Telltale Signs You’re Growing Wealth Like a Millionaire

Caitlyn Moorhead   Tue, November 25, 2025   GOBankingRates

If someone is a millionaire, there are usually signs beyond the number in their bank account. If you are trying to get on the wealth-building path to reach millionaire status, you may need to adopt habits, values and financial strategies that represent true wealth.

Moving from aspiring to having actual riches takes noticeable shifts in your behavior around money management, especially when it comes to your spending and savings habits. Identifying these ways to edit is important because they show not just where financial success is possible but also a mindset that’s focused on lasting wealth creation.

Simply put, if you’re looking for clues on how to be rich, you might want to do as a millionaire does. Here are some key signs you are making the financial decisions they would.

You’re Diversifying Your Portfolio

A diversified investment portfolio is a hallmark of a millionaire. This portfolio typically extends beyond stocks and bonds, toward encompassing real estate, business ventures and perhaps alternative investments like art or private equity.

When you are saving for retirement or a big-ticket item, diversification isn’t a random act of finance. It’s a strategic approach to spread risk and maximize returns by avoiding putting all of your nest eggs in one basket.

You Strategize Your Financial Planning

Another key sign of a millionaire is making strategic financial planning and investment decisions. Your goal isn’t just about saving money but rather creating a comprehensive roadmap for earning, saving, investing and spending. Millionaires understand that a well-thought-out financial strategy is crucial for wealth accumulation and preservation.

You Have an Emergency Fund

Robust savings and substantial emergency funds are common among millionaires. They understand the importance of having a safety net that should have at least three to six months’ worth of expenses in it to cover you should something unexpected happen such as medical bills or job loss.

TO READ MORE:  https://www.yahoo.com/finance/news/7-key-signs-millionaire-status-130008582.html

Global Dollar Dump Explained, Start of a Currency Reset?

Global Dollar Dump Explained, Start of a Currency Reset?

David Lin:  12-2-2025

In a world drowning in economic uncertainty, knowing where to anchor your portfolio is vital.

Recently, David Lin sat down with Peter C. Earle, Director of Economics and Economic Freedom at the American Institute for Economic Research (AIER) and author of Gold in Uncertain Times, for a profound discussion on the current economic landscape.

Earle didn’t mince words. He argues that the major financial challenges we face today—from government overspending to geopolitical friction—are not temporary bumps in the road, but signals of a fundamental structural shift.

His core message? The soaring price of gold is not a speculative anomaly; it is a direct reflection of the terminal decline of fiat currencies, including the US Dollar.

For years, skeptics have dismissed gold’s movements as emotional trading or fear-driven speculation. Earle strongly refutes this. He states explicitly that the current strength in gold prices is not a bubble, but a response to deep, systemic pressures.

Gold’s renewed importance stems from the unlimited monetary discretion exercised by central banks and governments.

When currencies are debased through massive debt accumulation and money printing, gold—which cannot be created by legislative fiat—reasserts its historical role as the ultimate store of value.

The Key Distinction: This isn’t a temporary flight-to-safety; it’s a structural realization that fiat currencies are losing their purchasing power and, crucially, their credibility as a reliable anchor in global finance.

While central banks often point to inflation or interest rates as the primary hurdles to growth, Earle isolates the major impediment as pervasive uncertainty.

When businesses lack clarity about future costs or market access, they hoard cash rather than deploy it for growth. This stagnation stifles productivity and economic expansion far more effectively than monetary tightening alone.

The conversation also tackled recent volatility in technology stocks and cryptocurrencies, contrasting the current environment with historical speculative manias.

Earle acknowledges that while some overvaluation exists—echoing sentiments from analysts like Ray Dalio—the foundational strength of today’s tech giants differentiates them significantly from the dotcom bubble of the early 2000s.

 Today’s major tech firms possess proven profitability, dominant market share, and robust business models.

However, policy proposals aimed at restructuring global economic power remain a source of substantial concern.

Earle expressed pointed skepticism regarding the so-called “Mar-a-Lago Accord,” a proposed framework focused on using tariffs, Treasury market adjustments, dollar devaluation, and treaty renegotiations to restructure US economic power.

He highlighted the inherent risks of such a strategy, particularly the challenge of deliberately managing currency value.

Attempts to devalue the dollar unilaterally often lead to competitive devaluation—a race to the bottom where other nations respond by weakening their own currencies, ultimately creating chaos rather than stability.

A significant portion of the interview was dedicated to the historical function of gold and the possibility of returning to a gold-backed system.

Earle views the abandonment of the gold standard as the critical moment that removed the essential “guardrail” against governmental excess.

Historically, gold provided fiscal and monetary discipline by forcing governments to limit their debt and the money supply. They could only spend what they had access to in gold reserves.

Who benefits from moving away from this discipline? Those interests that thrive on discretionary monetary policy and unlimited borrowing.

Given the current trajectory of massive debt accumulation and weakening fiat currencies globally, Earle believes gold’s role will only grow—not just as an investment hedge, but potentially as a key metric for economic valuation moving forward.

Facing this uncertain landscape of structural shifts and policy unpredictability, Peter C. Earle offered clear, actionable advice for investors:

Hedge against monetary debasement by holding real assets that retain value regardless of currency fluctuations. Gold and silver remain the premier choices in this category.

In an environment where central banks are continually fighting inflation and interest rates remain elevated, excessive reliance on debt amplifies risk and vulnerability.

Invest in skills and knowledge that are resilient to economic downturns and structural unemployment shifts. Personal competence is a powerful form of economic insurance.

Earle’s final caution is for investors to maintain vigilance. Watch the signals, pay attention to the structural shifts, and recognize that the economic dynamics of the next decade will likely be fundamentally different from the last.

https://youtu.be/OMzfLixDth0

Tuesday Coffee with MarkZ. 12/02/2025

Tuesday Coffee with MarkZ. 12/02/2025

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: Blessed Tuesday morning everyone

Member: I wonder- what are the betting odds for this to go mid month?

Member: Last week Mark said we have a RV window opening between today Dec 2 through Jan 2.

MZ: That window has not changed….based on what I am hearing. Keep in mind nobody knows the exact timing but its close based on in country, out of country, banking and groups.

MZ: No bond updates yet. I did not expect one until later tonight.

Member: So who will be the new Fed. Reserve chairman?

MZ: I believe it could be Kevin Hasset that will be leading the Fed…..Perhaps they are saving Judy Shelton for the Treasury – when its time….and not the Fed. I think she will get a “superior” position .

Member: I'm glad you mentioned that about Judy Shelton, she needs to be in the fold

Member: silver is at $58.33 this morning

Member: Buffett alerts people of the slow crash, that everyone expects to turn around, but it won't

Member: Rumor is Iraq is trading in country at $1.36 Out of country $4.08. Hope its true

Member: Frank26 reported the CBI may have submitted the new rate to the IMF for approval?

MZ: I very much believe the CBI has submitted a new rate to the IMF. Do I have any hard proof of that? No. But I have had enough connected people tell me this happened …so I believe it. I have heard it from several sources.  

MZ: I very much believe the CBI has submitted a new rate to the IMF. Do I have any hard proof of that? No. But I have had enough connected people tell me this happened …so I believe it….I have heard this from several people.

Member: Has HCL passed yet.

MZ: We have seen pieces and parts of it…but entire HCL has not passed yet.

Member: Trump announcement today…hope it is good this time

Member: Why does every country have to wait for Iraq?? can't the other countries pull their own trigger??

MZ: “UN Security Council holds meeting on situation of Iraq” This came out late last night. They are talking about the UNAMI mission in Iraq.  They are having a meeting today….presently…right now in New York. It started at 10:00 AM EST. .

MZ: They are discussing finishing….closing and removing the United Nations presence in Iraq. This is another one of those things that I was told ….when complete …when we get paid….we leave. This was a item on the check list that they are checking off.

Member: Wish we knew what is on that checklist. What has been done and what is left to do???

MZ: The US deputy director for the State Dept yesterday. He has arrived in Iraq. Meetings have been ongoing.

MZ: So we have the US Deputy Director of State in Baghdad. We have Trumps special envoy, Mark Savoya in Baghdad. We have the UN Security council meeting going on as we speak in New York. There is a lot going on with Iraq right now… and very interesting timing.  Lots are happening all at once.

Member: Anyone know what that new "mechanism" was that was implemented on dec 1?

MZ: It was a new customs collection system to run through Iraqi banks….   We talked about this yesterday that they were postponing it until Dec 31/Jan1 to complete the implementation…...this was to change how money moves across borders.  

MZ: BUT, today “Advance customs declaration comes into effect”  They will be implementing pieces of it throughout the month. They want it to be fully up and running by Dec 31. IMO they have to have the new system done with a new value to be fully implemented.

MZ: Watch things….its happening before our eyes

MZ: All indications as the political process happens in Iraq…is that we are going to get Sudani back as the Prime Minister.

MZ: “Iranian rial continues to collapse against the dollar”  We saw Kuwait RV….We are watching Iraq….so is Iran the next one? Right now one US dollar will buy almost a million Iranian rial.

Member: Seems like the White hats do not care about anybody

MZ” I lost faith in them a long time ago. I put my faith in the economic fundamentals because I can see what is happening. The reset is going to happen whether they want it to or not. I am not counting on some “white hats” humanity. Maybe they have it- but I have not seen any evidence of them. Until we seem some evidence…I am not going to believe them  

Member: if the fundamentals are so good then why are still waiting?

Member: Stay positive-  We're at an extended version of this crazy movie.

Member: I believe the first week of December is going to be very interesting

Member: Hey Folks, I've seen so many feeling overwhelmed & stressed ~ Take a step back, breathe, take a day off. If the holiday season stresses you out, you're doing it wrong so do something different & Smile

Member: Have a blessed and safe day everyone. Much love to all!

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

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

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

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

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

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

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

Youtube:   https://www.youtube.com/watch?v=JGn6JFh7-sQ  

News, Rumors and Opinions Tuesday 12-2-2025

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 as of Tues. 2 Dec. 2025

Compiled Tues. 2 Dec. 2025 12:01 am EST by Judy Byington

Mon. 1 Dec. 2025 The moment we’ve been preparing for is almost here. …Nesara Gesara QFS on Telegram

Over the next 24 to 48 hours, the final activation steps are expected to move into position. Official notifications could appear at any time, signaling the beginning of the new financial era that has been quietly building behind the scenes.

Global Activation The reset is now approaching its live phase.

Central banks and financial authorities across multiple regions are aligning for a synchronized confirmation of the transition. Once the switch is acknowledged, the new quantum-secured monetary system will begin operating openly.

Wallet Access Clear instructions will follow on how to access the QFS wallet. I’ll be among the first to log in and view the updated digital assets. The rollout may involve encrypted app updates or secure system alerts, but the process is expected to be simple due to the extensive preparation already completed.

Financial Reset New currency values will appear directly inside the wallet interface. Adjustments to debts, balances, or legacy accounts may follow automatically. Every update will be logged through the quantum ledger, ensuring complete transparency and verifiable records of each transaction.

Smooth Transition All prior trials have been successful. Recent test operations included a fully offline quantum-safe transfer that executed without errors. With the infrastructure stable and support teams positioned, the transition is expected to unfold cleanly and without significant disruption.

Everything is aligned. The framework is ready. Keep your notifications enabled, we are only hours away from a historic shift in global finance.

~~~~~~~~~~~

Mon. 1 Dec. 2025 TRUMP ANNOUNCES: NO INCOME TAX, NO IRS! NESARA GESARA IS HERE! …Nesara Gesara Activation Spot on Telegram

This is more than a promise—it’s the beginning of the NESARA GESARA era, a golden age where financial slavery ends, and freedom reigns!

GOODBYE INCOME TAX, HELLO FREEDOM! For over a century, the IRS has drained the lifeblood of the American people. Trump’s vision? No more income tax. No more property tax. NO IRS. This isn’t just talk. Trump’s plan is rooted in history—America thrived without income taxes before 1913.

Now, Trump is ready to tear it all down and replace it with a fair, simple system: A 14% flat tax on non-essential goods—no taxes on food, medicine, or housing. A gold-backed currency that ends the Federal Reserve’s stranglehold.

NESARA GESARA: THE PEOPLE’S RESET This isn’t just an idea; it’s a revolution! Under NESARA GESARA:

Debt erased—mortgages, loans, and credit card debt wiped out!
IRS abolished—no audits, no harassment.
Financial privacy restored—Big Brother is out of your wallet.
6,000 suppressed technologies released—free energy, miracle cures, and more!

TARIFFS: TRUMP’S MASTERPLAN How will this work? Trump’s strategy is simple: tariffs on foreign imports. By taxing global elites and foreign competitors, he protects American workers while funding the government without stealing from your paycheck.

THIS IS IT—THE GOLDEN AGE HAS ARRIVED! Trump isn’t just changing policy; he’s changing lives. The NESARA GESARA framework ensures: True ownership—no property taxes. Unhackable elections with the new QFS voting system. Global prosperity through humanitarian projects.

Read full post here:  https://dinarchronicles.com/2025/12/02/restored-republic-via-a-gcr-update-as-of-december-2-2025/

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

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

Militia Man  Safe debt + huge reserves + low inflation = a perfect report cared for the Bank of International Settlements.  The [Iraqi] BIS application filed this month.  You see how these things are falling in line?  The same report card = perfect score for WTO membership.  The same report card equals perfect timing for the REER adjustment...that reflects real purchasing power.  

Walkingstick    Iraq, the CBI, the US Treasury are using Kuwait as a template for Iraq's monetary reform.  They don't want them to make the same mistakes they did in Kuwait.  So far it looks like that's the way it's established.

Frank26    [Iraq boots-on-the-ground report]  FIREFLY::  The television is showing the American delegation will be in Baghdad within the next 72 hours. They're saying on television this delegation from America consists of the Deputy Secretary of State.  Also coming will be the Federal Reserve, the US Treasury officers, all of them, also the Treasury officers of the War Department.  This is a huge delegation coming...political, military and financial.  They broke it down to us...It's interesting they are coming in the time of the 'currency mechanism'.   FRANK:  Yeah, it's interesting but it's not like it's a coincidence.  It's not like it's an  accident ...Why the War Department?  That's who you're going to pay. 

UK IS COLLAPSING - FEAR Politics, Taxes Soar, Militarization and MASSIVE Wealth Transfer

Lena Petrova:  12-2-2025

Britain is entering a new political era—one marked not by “rebuilding” or “renewing,” but by unprecedented militarization, funded directly by the largest tax squeeze in modern UK history.

In today’s video, we break down why the UK government is shifting toward a full-scale defense buildup, why British taxpayers are footing the entire bill, and why this trend may soon spread across Germany and the wider EU.

Chancellor Rachel Reeves has unveiled sweeping tax hikes stretching to 2031: reshaped income brackets, reduced savings exemptions, tighter National Insurance rules, and new property surcharges.

The Treasury expects these measures to extract £26 billion from ordinary citizens—not corporations, not billionaires. The hardest hit? 1.7 million middle-class families already battling a relentless cost-of-living crisis.

All of this is being justified in the name of “security” and NATO commitments, with the UK racing to push defense spending to 2.6% of GDP by 2027.

But here’s the problem: the government has released no intelligence, no threat assessments, and no explanation for this sudden surge in militarization. The only thing that’s real and measurable? The taxes.

Meanwhile, analysts warn that Reeves’ policies will weaken social protections, eat into savings, slash pension incentives, and shift wealth away from working families toward the military-industrial complex, which is now enjoying record profits and multi-billion-dollar backlogs.

This video explores:

• Why the UK is accelerating defense spending

• How tax hikes are reshaping British economic life

 • Whether Germany may be the next to adopt similar policies

• The growing political backlash against Starmer and Reeves

• The rise of Reform UK and the risk of a major political rupture

• Whether Europe is sliding into a new arms race driven by fear, not strategy If unchecked, Britain may soon face a perfect storm of economic pressure, political instability, and social unrest—fueled by policies the public never voted for.

https://www.youtube.com/watch?v=EX372EnM-s4

Seeds of Wisdom RV and Economics UpdatesTuesday Morning 12-02-25

Good Morning Dinar Recaps,

UK Banks Get a Boost as BoE Eases Capital Rules — What It Means for Lending and Growth

London shifts regulatory posture to stimulate credit as global banking stress recedes

Overview

• The Bank of England has lowered core capital requirements for major UK banks, reducing the Tier 1 minimum from 14% to 13%.

• The shift follows strong banking-sector performance in recent stress tests and reflects confidence in the resilience of the financial system.

• Regulators also flagged areas of rising systemic risk, including high valuations in AI-driven firms and rapid expansion of the private-credit market.

Key Developments

• Major UK banks now have greater flexibility to lend or return capital to shareholders.

• The BoE plans a broader review of how leverage ratios and capital buffers are structured, signaling potential further easing.

• Despite loosening rules, regulators emphasized continued vigilance amid emerging asset bubbles.

Why It Matters

Lower capital requirements could stimulate bank lending and economic activity at a time of slowing global growth. But they also reduce shock-absorbing capacity if financial conditions deteriorate. This pivot signals a key moment in the balance between economic stimulus and systemic safeguards.

Implications for the Global Reset

Pillar: Banking Resilience vs. Credit Expansion

• The shift encourages more liquidity and lending — but raises questions about the long-term integrity of global bank-risk structures.

Pillar: Regulatory Divergence & Systemic Risk

• As the UK loosens rules while other regions maintain tighter regimes, global capital may begin reallocating toward lighter-regulated jurisdictions, reshaping flows and balance-sheet risk profiles.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• • Reuters – “Bank of England says UK lenders clear stress tests”

• • Reuters – “Bank of England eases bank capital requirements”

• • The Guardian – “BoE plans to ease capital rules on banks”

• • Investing.com – “BoE eases capital rules”

~~~~~~~~~~

Eurozone Banks Launch Joint Stablecoin Initiative to Reclaim Payments Sovereignty

European lenders race to build digital-money infrastructure independent of U.S.-centric systems

Overview

• Ten of Europe’s largest banks have formed a new joint company to launch a euro-backed stablecoin.

• The system aims to provide a European-controlled digital-payments architecture for cross-border use.

• The initiative marks the strongest move yet by traditional banks to challenge private stablecoins and U.S.-dominated payments rails.

Key Developments

• The consortium plans to release its first regulated stablecoin in 2026, pending licensing approval.

• The initiative is intended to serve businesses, banks, and consumers seeking faster and more efficient cross-border transactions.

• The project reflects growing pressure in Europe to secure monetary autonomy in digital finance and reduce reliance on U.S. intermediaries.

Why It Matters

A bank-backed euro stablecoin could significantly shift the trajectory of digital-payments innovation. It could also reduce dependence on legacy card networks and the global dollar system — both central components of financial power and international leverage.

Implications for the Global Reset

Pillar: Payment-System Decentralization & Monetary Sovereignty

• A euro stablecoin marks a direct challenge to dollar-based global payment corridors and accelerates Europe’s pursuit of monetary independence.

Pillar: Digital-Currency Infrastructure & Global Trade Settlement

• The move pressures other regions to accelerate CBDC and stablecoin development, reshaping the structure of global settlement networks and reserve-currency dynamics.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• • Reuters – “Group of European banks announce euro stablecoin company”

• • Reuters – follow-up details on Qivalis project

~~~~~~~~~~

Macron’s China Visit Highlights Europe’s Balancing Act Between Trade and Security
Paris seeks stability, access to technology, and protection of strategic industries

Overview

• French President Emmanuel Macron will make his fourth state visit to China this week, with meetings scheduled in Beijing and Chengdu.

• The visit comes amid intensifying strains between Europe and China over trade imbalances, strategic technologies, and geopolitical alignment.

• European officials have warned that relations with Beijing have reached an “inflection point,” driven by concerns over China’s industrial overcapacity, dominance in key tech sectors, and its support for Russia.

Key Developments

• Macron aims to rebalance Europe’s trade relationship with China, especially as Chinese steel and electric vehicle (EV) exports pressure European industries.

• The European Union is advancing a new economic security doctrine to address risks linked to critical supply chains, technology transfers, and Chinese industrial policies.

• China seeks to preserve its access to European markets while encouraging domestic consumption and showcasing innovation-driven economic growth.

• The United States is closely watching the visit, wary of potential divergence between U.S. and European China policy.

• Major European industries — including Airbus, French automakers, and advanced manufacturing sectors — have substantial interests tied to the outcome of the visit.

Why It Matters
Europe relies heavily on China for advanced technology, rare earth processing, and key inputs for its energy and EV industries. Macron must navigate economic dependency, strategic competition, and geopolitical pressure — maintaining European competitiveness without provoking trade retaliation or undermining U.S.-EU coordination. His diplomacy will influence broader EU-China relations at a time when the global economic landscape is rapidly shifting.

Implications for the Global Reset

• Pillar: Strategic Trade Realignment — Europe is recalibrating its economic partnership with China to reduce vulnerabilities in critical industries while preserving access to essential technologies.

• Pillar: Geopolitical Equilibrium — Macron’s engagement reflects Europe’s effort to maintain strategic autonomy, balancing U.S. expectations with its own economic priorities as global power centers continue to shift.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy – “Macron Visits China as Europe Balances Economic Ties and Security Concerns”

• Reuters – Coverage on EU-China trade and security tensions

~~~~~~~~~~

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Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Tuesday Morning 12-2-25

Silver Jumps To An All-Time High, Supported By Tight Supplies

Money and Business   Economy News - Follow-up   Silver prices jumped more than 2% on Monday morning, hitting a new record high, benefiting from a continued decline in global supply and rising expectations of an interest rate cut in the United States this month.

Silver traded at $57.86 an ounce, its highest level ever, extending its gains for the sixth consecutive day after rising 6% in Friday's session.

On the stock market, shares of silver mining companies also rose on Monday, with Sun Silver shares climbing 20% ​​and Silver Mines shares rising 12% in Australia, while shares of China Silver Group, listed in Hong Kong, jumped 14%.

Silver prices have more than doubled since the start of the year, supported by limited supplies in physical markets.

In 2025, silver stole the spotlight from gold after recording unprecedented record levels, confirming that its controversial title of "the devil's metal" is not without reason, as it is known for its sharp fluctuations that confuse markets and surprise investors.

Silver, which usually moves in the shadow of gold, made a historic leap this year, after its price exceeded $54.47 an ounce in mid-October, an increase of 71% year-on-year, before retreating slightly only to rise again amid a supply shortage crisis.

Market experts believe that this wave is not temporary, but rather carries new dynamics that may push prices even higher.   https://economy-news.net/content.php?id=62914

Silver Prices Are Set To Shine In 2025 

Stock Exchange   Silver prices reached record highs in 2025, placing it in the spotlight and attracting the attention of global investors, despite challenges related to limited supply.

The metal, sometimes called "the devil's metal" due to its extreme volatility, achieved exceptional gains this year, coinciding with the rise in gold prices, which surpassed $4,000 per ounce.

Silver prices reached a record high of $54.47 per ounce in mid-October 2025, marking a 71% increase compared to the previous year, before declining slightly and then rising again.

This surge in  silver prices is attributed to data indicating continued high demand relative to limited supply. A significant portion of the price increase is attributed to the growing demand from India, the world's largest consumer of silver.

The metal is used in the manufacture of jewelry, household items, and decorative objects, and the country's annual consumption is approximately 4,000 metric tons.

Prices in India rose to a record high of 170,415 rupees per kilogram on October 17, an increase of 85% since the beginning of the year, while the Indian market relies on imports that account for about 80% of its supply.

The industrial and technological dimension of silver demand is no longer limited to investment or traditional use. It has expanded to include growing industrial needs, particularly with the increasing production of electric vehicles, artificial intelligence applications, and solar energy.

Silver is used in standard electric vehicle batteries at a rate of approximately 25 to 50 grams per vehicle, and this could reach one kilogram in future vehicles with solid-state batteries. Silver is also utilized for its high electrical and thermal properties, making it a key component in modern clean energy industries.

Experts explained that the current supply and demand cycle, coupled with the scarcity of mine production in Central and South America over the past decade, makes silver one of the rare metals that combines investment value with industrial applications, reinforcing expectations that its prices will remain high in the near future.

October 2025 marks the third time in 50 years that silver prices have peaked, following January 1980 when the Hunt brothers attempted to control the market, and again in 2011 after the US debt ceiling crisis, when investors turned to gold and silver as safe havens.     https://economy-news.net/content.php?id=62888

Gold Prices Remained Stable In Baghdad But Rose In Erbil

Monday, December 1, 2025 | Economy Number of views: 233   Baghdad ( NINA ) – Gold prices in Baghdad remained stable on Monday, while rising in Erbil.

The selling price of one mithqal (approximately 4.5 grams) of 21-karat gold from the Gulf, Turkey, and Europe in Baghdad's wholesale markets on Al-Nahr Street was 850,000 Iraqi dinars, with a buying price of 846,000 dinars.

The selling price of one mithqal of 21-karat Iraqi gold was 820,000 dinars, with a buying price of 816,000 dinars. In jewelry shops, the selling price of one mithqal of 21-karat Gulf gold ranged between 850,000 and 860,000 dinars, while the selling price of one mithqal of Iraqi gold ranged between 820,000 and 830,000 dinars.

Gold prices in Erbil have risen, with the selling price of 22-karat gold reaching 888,000 dinars, 21-karat gold 848,000 dinars, and 18-karat gold 727,000 dinars. /End  https://ninanews.com/Website/News/Details?key=1264630

The Dollar Continues To Rise In Baghdad And Erbil

Stock Exchange   The exchange rate of the US dollar against the Iraqi dinar rose on Monday afternoon in the markets of Baghdad and Erbil, coinciding with the closing of the stock exchange.

The dollar prices rose in the Al-Kifah and Al-Harithiya exchanges to record 142,900 dinars for 100 dollars, while the prices this morning were 142,650 dinars for 100 dollars.

Selling prices rose in exchange shops and local markets in Baghdad, with the selling price reaching 144,000 dinars for 100 dollars, while the buying price reached 142,000 dinars for 100 dollars.

In Erbil, the dollar also recorded an increase, with the selling price reaching 142,300 dinars per 100 dollars, and the buying price reaching 142,100 dinars per 100 dollars.  https://economy-news.net/content.php?id=62936

Oil Prices Rose, Supported By OPEC+ Production Plan And Concerns Over Venezuela.

Economy |01/12/2025   Oil prices rose   by as much as 1.5% after OPEC+ countries confirmed their plan to halt production increases during the first quarter of next year, in addition to concerns about potential US action against Venezuela, an oil-producing nation, which caused market volatility.

By 00:52 GMT, Brent crude had pared its gains to settle at $62.99 a barrel, up 0.98%. US West Texas Intermediate crude also rose 0.99% to $59.12 a barrel.

OPEC+ had agreed in early November to halt production increases, a move aimed at slowing efforts to regain market share amid concerns about oversupply.

Following Sunday's meeting, OPEC+ stated that it reaffirms the importance of a cautious approach, while maintaining full flexibility to halt or reverse any further voluntary production adjustments. https://www.mawazin.net/Details.aspx?jimare=271009

Oil Companies Extend Invitations To US Firms To Manage The West Qurna/2 Oil Field

Economy | 01/12/2025   Mawazin News – Baghdad   The Ministry of Oil announced that it has taken the necessary steps to transfer the management of the West Qurna/2 oil field to a major American oil company, emphasizing that this move aims to sustain production and enhance the stability of global markets.

In a statement, the Ministry said, "The procedures included direct and exclusive invitations to a number of major American companies, entering into direct negotiations with them, and receiving their bids. The transfer process will be conducted through transparent competition and according to the established criteria for awarding oil field development contracts."

The Ministry added that "transferring the management of the West Qurna/2 field to an American oil company will serve mutual interests, enhance the stability of global markets, and ensure the continuity of Iraqi oil production operations, market share, and the sustainability of the country's resources."

It affirmed that this step strengthens the joint economic relations between Iraq and the United States and contributes to the transfer of modern technology, benefiting both countries. The Ministry noted that "the participation of more major American companies in developing the Iraqi oil sector underscores Iraq's strategic importance in this sector and contributes to diversifying the international expertise operating within it, thus achieving Iraq's economic interests and ensuring their sustainability."   https://www.mawazin.net/Details.aspx?jimare=271035

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